SECTION 8. Notices. Section of the Existing Master Repurchase Agreement is hereby amended by deleting Seller?s notice information in subsection (a) in its entirety and replacing it with the following:

9.1 deleting the definitions of ?Company Qualified Escrow Home mortgage?, ?Appropriate Prices Speed?, ??, ?? and ?Fee Day? in their entirety and replacing them with the following, respectively:

Institution Eligible Escrow Mortgage loan: An Agency Eligible Mortgage Loan or Government Mortgage Loan (i) in respect of which the full original principal amount of such Mortgage Loan has not been fully advanced or disbursed as of the related origination date, (ii) in respect of which all subsequent advances or disbursements are made by Seller in accordance with the Agency Guides, (iii) that has been approved by Buyer in its sole discretion, and (iv) that is identified on Showcase S hereto.

Other Mortgage Files

Appropriate Pricing Rates: With respect to any date of determination, the greater of (i) One-Month LIBOR or a Successor Rate, and (ii) 0%.

: setting (a) any moment in advance of a public giving of Merchant, brand new LSF People quit so you can together individual, myself or ultimately, at the least % away from Seller, and you can (b) at any time shortly after a general public giving of Supplier, any ?person? or ?group? aside from new LSF People has, truly otherwise indirectly, more than thirty-five percent (35%) away from Seller.

Change of Handle

: And the Home loan Data, with respect to any Home mortgage, the following: (i) the initial registered Financial, if you don’t within the Home loan Data files; (ii) a duplicate of the preliminary term connection demonstrating the policy number or first attorney?s thoughts from term in addition to modern coverage from mortgagee?s term insurance otherwise unexpired union to possess an insurance plan of mortgagee?s title insurance coverage, otherwise as part of the Home mortgage Data files; (iii) the initial Closing Cover Letter and you can a copy of Irrevocable Closing Information; (iv) the initial Pick Connection, or no; (v) the first FHA certification off insurance rates otherwise dedication to insure, this new Va certification out-of guaranty otherwise commitment to guaranty, the fresh RD Loan Guaranty Arrangement or even the Insurance carrier?s certification or commitment to ensure, given that relevant; (vi) the questionnaire, flood certification, risk insurance and you will flooding insurance coverage, since the relevant; (vii) the first of any expectation, amendment, combination or extension plans, that have proof of tape thereon otherwise duplicates stamp authoritative by the an enthusiastic signed up manager away from Provider getting already been sent to possess tape, or no; (viii) duplicates of each device necessary to over identity of every difference set forth regarding different plan about term coverage; (ix) the mortgage app; (x) confirmation of the Mortgagor?s a career and money, when the applicable; (xi) confirmation of one’s provider and you may quantity of the deposit; (xii) credit file into Mortgagor; (xiii) appraisal of one’s Mortgaged Possessions (otherwise just like the can get otherwise be enabled by the relevant Agency Instructions, an effective waiver thereof, and/or a house review); (xiv) the original done disclosure declaration; (xv) Tax invoices, premium receipts, ledger sheets, percentage information, insurance claim data and you can interaction, current and you may historic automatic files, underwriting criteria used in origination as well as other relevant files and records; (xvi) the original of every make certain done about the the mortgage Notice (or no); (xvii) the first of any protection agreement, chattel financial or equivalent file performed concerning the mortgage; (xviii) most of the copies of powers out of attorney otherwise comparable instruments, if the appropriate; (xix) duplicates of all the records regarding the the fresh underwriting and origination of any Purchased Home mortgage you to definitely evidences conformity with, (1) with respect to all Purchased Mortgages except that a thread Loan ? step 1 st Lien, the capability to Pay off Laws and, (2) with regards to the Purchased Mortgages aside from installment loans Alabama online no credit check a bond Mortgage ? step one st Lien and you can an allowable Low-Accredited Home loan, the QM Code; and you can (xx) any records regarding the Bought Home loan.