Specific Identified Information Has been Excluded Regarding Showcase As it Is actually Not Thing And you can Would End up in Competitive Harm to New REGISTRANT In the event the In public places Shared. [***] Demonstrates Information Might have been REDACTED.

Amendment No. 8 to Grasp Repurchase Contract, dated as of endment?), by and between Bank of America, N.A. (?Visitors?) and Caliber Home Loans, Inc. (?Supplier?).

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Buyer and Seller are parties to that certain Master Repurchase Agreement, dated as of ended, restated, supplemented or otherwise modified from time to time, the ?Existing Master Repurchase Contract?; and as further amended by this Amendment, the ?Master Repurchase Agreement?).

Client and you can Merchant has concurred, at the mercy of the fresh new conditions and terms with the Modification, that Established Grasp Repurchase Contract be amended in order to mirror specific decideded upon news to the terms of the present Master Repurchase Agreement.

Properly, Consumer and Merchant hereby consent, when you look at the thought of one’s shared guarantees and you will mutual financial obligation set forth here, your Established Grasp Repurchase Contract are hereby amended as follows:

SECTION 1. Acknowledged Payees. Section 3.7 of the Existing Master Repurchase Agreement is hereby amended by deleting subsection (b) in its entirety and replacing it with the following:

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(b) . In order for a factory bank that provides financing in respect out of an effective Correspondent Home loan to get appointed an approved Payee when personal loans in Wyoming it comes to any Cost, Supplier shall yield to Buyer an authored consult, like the name and you can address of one’s factory lender, demonstrating a significance of such as for example designation. Regardless of this, Consumer supplies the right to decline to specify such as for instance facility lender while the an approved Payee, or, as an alternative, to require a lot more conditions and terms in order that Visitors so you’re able to pay a purchase price to help you such facility financial.

4.14 Option Price. If prior to any Payment Date, Buyer determines in its sole discretion that, by reason of circumstances affecting the relevant market, adequate and reasonable means do not exist for ascertaining One-Month LIBOR, One-Month LIBOR is no longer in existence, or the administrator of One-Month LIBOR or a Governmental Authority having jurisdiction over Buyer has made a public statement identifying a specific date after which One-Month LIBOR shall no longer be made available or used for determining the interest rate of loans (such specific date, the ?Scheduled Unavailability Day?), Buyer shall give prompt notice thereof to Seller. In addition, upon such time as Buyer chooses in good faith an alternative benchmark rate (including any mathematical or other adjustments to the benchmark rate (if any) incorporated therein and any proposed Successor Rate Conforming Changes, as determined by Buyer and consistent with the benchmark rate of similarly situated counterparties with similar assets in similar facilities) (such rate, a ?Successor Rate?) to succeed One-Month LIBOR, Buyer shall give prompt notice thereof to Seller, and the Applicable Pricing Rate shall be such Successor Rate from the date specified in such notice until such notice has been withdrawn by Buyer.

(g) . The only credit facilities, including repurchase agreements for mortgage loans and mortgage-backed securities, of Seller that are presently in effect and are secured by mortgage loans or provide for the purchase, repurchase or early funding of mortgage loan sales, are either (i) with Persons disclosed to Buyer at the time of application, or thereafter disclosed on the monthly compliance certificate, and, if required by Buyer, such Persons have executed and delivered an Intercreditor Agreement (or will execute and deliver an Intercreditor Agreement within sixty (60) days following the Effective Date in accordance with Section eight.3) or (ii) warehouse lenders that provide financing in respect of a Correspondent Mortgage Loan that are Approved Payees.