Document:

FY2003 10K Exhibit 10.64

                         Exhibit 10.64 

SEVENTEENTH MODIFICATION AGREEMENT

THIS SEVENTEENTH MODIFICATION AGREEMENT (the
"Agreement") is made as of the 12th day of  November, 2003,
by and among E-LOAN, INC. (the "Borrower"), and GMAC Mortgage Corporation, a
Pennsylvania corporation ("GMACM"), as successor to all rights, title,
interest and obligations under that certain Master Warehouse Loan Purchase and
Sale Agreement dated as of September 24,  2003 ("Purchase Agreement"),
by and among GMACM and GMAC Bank, a federal savings bank (the "Lender"). 

BACKGROUND

The Borrower and the Lender entered into a Warehouse Credit
Agreement, dated as of November 1, 2001, as amended (as so amended,
the "Warehouse Credit Agreement") pursuant to which the Lender agreed
to make advances (the "Advances") to the Borrower in accordance with
the provisions of the Warehouse Credit Agreement.  All capitalized terms used
herein and not otherwise defined shall have the meanings set forth in the
Warehouse Credit Agreement.

The Advances are evidenced by the Borrower's Fourth Amended
and Restated Note, dated as of May 6, 2003 (the "Note") in the stated
principal amount of $155,000,000 and secured by, among other things, a Warehouse
Security Agreement dated as of November 1, 2001, as amended (as so amended, the
"Warehouse Security Agreement") between the Borrower and the Lender
granting the Lender a security interest in certain of the Borrower's assets.

Pursuant to the Purchase Agreement, GMACM is the successor of all rights,
title, interest and obligations of Lender under the Warehouse Credit Agreement
and Collateral Documents.

The Borrower has requested that GMACM make certain
modifications to the terms of the Warehouse Credit Agreement, and GMACM has
agreed to such modification, subject to the terms and conditions of this
Agreement.

NOW, THEREFORE, the parties hereto, intending to be legally bound hereby,
agree as follows:

1.Warehouse Credit Agreement.  The Warehouse Credit Agreement
is hereby amended as follows:

 (a)The definition of "Commitment" contained in Section 1.01 of
the Warehouse Credit Agreement is amended to read in full as follows:

""Commitment" shall mean the obligation of the Lender
to make Advances in an aggregate principal amount outstanding at any time not to
exceed $150,000,000, or such other amount as Lender, in its sole discretion, may
determine from time to time."

(b)The definition of "Expiry Date " contained in Section 1.01 of the
Warehouse Credit Agreement is revised as follows:

""Expiry Date" shall mean the earlier
of (i) January 31, 2004, as such date may be extended upon mutual agreement
between the Borrower and the Lender from time to time, and (ii) the date that is
120 days after the date on which the Lender shall have given the Borrower the
notice referred to in Section 9.13 hereof."

 

2.References to Credit Documents.  Upon the effectiveness of this
Agreement:

(a)Each reference in the Warehouse Credit
Agreement to "this Agreement," "hereunder,"
"hereof," "herein" or words of like import, and each
reference in the Restated Note and the Warehouse Security Agreement to the
Warehouse Credit Agreement, shall mean and be a reference to the Warehouse
Credit Agreement as amended hereby;

(b)Each reference in the Warehouse Credit
Agreement and the Warehouse Security Agreement to the Note shall mean and be a
reference to the Restated Note; and

(c)Each reference in the Warehouse Credit
Agreement and the Note to the Warehouse Security Agreement shall mean and be a
reference to the Warehouse Security Agreement as amended hereby.

3.Ratification of Documents.

(a)Except as specifically amended herein or
amended and restated in the Restated Note, the Warehouse Credit Agreement, the
Note and the Warehouse Security Agreement shall remain unaltered and in full
force and effect and are hereby ratified and confirmed.

(b)The execution, delivery and effectiveness of
this Agreement and the Restated Note shall not, except as expressly provided
herein, operate as a waiver of any right, power or remedy of the Lender under
the Warehouse Credit Agreement, the Note or the Warehouse Security Agreement nor
constitute a waiver of any default or Event of Default under the Warehouse
Credit Agreement, the Note or the Warehouse Security Agreement.

4.Representations and Warranties.  The
Borrower hereby certifies that (i) the representations and warranties which it
made in the Warehouse Credit Agreement and the Warehouse Security Agreement are
true and correct as of the date hereof and (ii) no Event of Default and no event
which could become an Event of Default with the passage of time or the giving of
notice, or both, under the Note, the Warehouse Credit Agreement or the Warehouse
Security Agreement exists on the date hereof.

5.Miscellaneous.

(a)This Agreement shall be governed by and
construed according to the laws of the State of Delaware without regard to
principles of conflicts of laws and shall be binding upon and shall inure to the
benefit of the parties hereto, their successors and assigns.

(b)This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

 

(c)This Agreement is intended to take effect as a document under
seal.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

	
E-LOAN, INC. 
	 	
Attorney-In-Fact for GMAC MORTGAGE CORPORATION

	 	 	 

	
By: /s/  Joseph Kennedy

   President 
	
               
	
By:       /s/  John Doulong

   Name: John Doulong

   Title: Vice President of GMAC BankFY2003 10K Exhibit 10.65

                         Exhibit 10.65 

AMENDMENT NUMBER NINE

                  to the

                  Master Loan and Security Agreement

                  Dated as of March 21, 2002

                  by and between

                  E-LOAN, INC.

                  and

                  GREENWICH CAPITAL FINANCIAL PRODUCTS, INC.

This AMENDMENT NUMBER NINE is made this 13th
day of November, 2003, by and between E-LOAN, INC., having an address at 5875
Arnold Road, Dublin, California 94568 (the "Borrower") and GREENWICH
CAPITAL FINANCIAL PRODUCTS, INC., having an address at 600 Steamboat Road,
Greenwich, Connecticut 06830 (the "Lender"), to the Master Loan and
Security Agreement, dated as of March 21, 2002, by and between the Borrower and
the Lender, as amended (the "Agreement"). Capitalized terms used but not
otherwise defined herein shall have the meanings assigned to such terms in the
Agreement.

RECITALS

WHEREAS, the Borrower has
requested that the Lender agree to amend the Agreement to make certain
modifications to definition of Maximum Credit under the Agreement as more
expressly set forth below.

WHEREAS, as of the date of this Amendment Number
Nine, the Borrower represents to the Lender that it is in compliance with all of
the representations and warranties and all of the affirmative and negative
covenants set forth in the Agreement and is not in default under the
Agreement.

WHEREAS, the Borrower and the Lender have agreed to
amend the Agreement as set forth herein.

NOW THEREFORE, for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, and for the mutual
covenants herein contained, the parties hereto hereby agree as follows:

SECTION 1.Effective as of November 13, 2003,
Section 1 of the Agreement is hereby amended by deleting clause (3) to the
definition of Maximum Credit and replacing it with the following: 

(3)    the Maximum Credit for Mortgage Loans which are HELOCs or
Second Lien Mortgage Loans may not exceed $130 million at any time; provided
that, solely to the extent that the Lender has agreed to act as lead or co-lead
underwriter with respect to such Mortgage Loans, such amount shall be increased
to $150 million;

SECTION 2.Effective as of November 13, 2003,
Section 1 of the Agreement is hereby amended by deleting clause (6) to the
definition of Maximum Credit and replacing it with the following:

(6)   the Maximum Credit for all HELOCs and Second Lien
Mortgage Loans that are not covered by a Takeout Commitment may not exceed $60
million at any time and the Maximum Credit for all Mortgage Loans that are not
covered by a Takeout Commitment may not exceed $100 million at any time.

SECTION 3.Fees and Expenses. The Borrower
agrees to pay to the Lender all fees and out of pocket expenses incurred by the
Lender in connection with this Amendment Number Nine (including all reasonable
fees and out of pocket costs and expenses of the Lender's legal counsel incurred
in connection with this Amendment Number Nine), in accordance with Section 11.03
of the Loan Agreement.

SECTION 4. Defined Terms. Any terms capitalized
but not otherwise defined herein shall have the respective meanings set forth in
the Agreement.

SECTION 5. Limited Effect. Except as amended
hereby, the Agreement shall continue in full force and effect in accordance with
its terms. Reference to this Amendment Number Nine need not be made in the
Agreement or any other instrument or document executed in connection therewith,
or in any certificate, letter or communication issued or made pursuant to, or
with respect to, the Agreement, any reference in any of such items to the
Agreement being sufficient to refer to the Agreement as amended hereby.

SECTION 6. Representations. In order to induce
the Lender to execute and deliver this Amendment Number Nine, the Borrower
hereby represents to the Lender that as of the date hereof, the Borrower is in
full compliance with all of the terms and conditions of the Agreement and no
Default or Event of Default has occurred and is continuing under the
Agreement.

SECTION 7. Governing Law. This Amendment
Number Nine shall be construed in accordance with the laws of the State of New
York and the obligations, rights, and remedies of the parties hereunder shall be
determined in accordance with such laws without regard to conflict of laws
doctrine applied in such state (other than Section 5-1401 of the New York
General Obligations Law).

SECTION 8. Counterparts. This Amendment Number
Nine may be executed by each of the parties hereto on any number of separate
counterparts, each of which shall be an original and all of which taken together
shall constitute one and the same instrument.

 

[REMAINDER OF THIS PAGE LEFT INTENTIONALLY BLANK]

 

IN WITNESS WHEREOF, the Borrower and the Lender have
caused this Amendment Number Nine to be executed and delivered by their duly
authorized officers as of the day and year first above written.

E-LOAN, INC.

   (Borrower)

 

By: /s/ Steven Majerus

   Name:

   Title:

 

GREENWICH CAPITAL FINANCIAL PRODUCTS. INC.

   (Lender)

 

By: /s/ Anthony Palmisano

   Name: Anthony Palmisano

   Title: Vice President

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