Document:

Exhibit 10.2

 

	
  225
  West Hillcrest Drive, Mail Code: CA6-918-01-03, Thousand Oaks, CA 91360

  	
   

  	
  Phone: (800) 669-2955

  
	
   

  	
   

  	
  Fax: (805) 381 6165

  
	
   

  	
   

  	
   

  
	
  June 30,
  2010

  	
   

  	
  Client # 8752

  

 

Home Loan Center, Inc.

163
Technology Drive

Irvine,
CA 92618

Attn:
Rian Furey, Senior Vice President

Email:
Rian.Furey@lendingtree.com

 

RE:          Mandatory Forward Loan
Volume Commitment

 

Dear
Mr. Furey,

 

Home
Loan Center, Inc. (“Client”) has agreed to the following Mandatory Forward
Loan Volume Commitment (the “Commitment”) with Bank of America Home Loans
Correspondent Lending (“Bank of America”):

 

	
  Effective
  Date:

  	
  June 30,
  2010

  
	
   

  	
   

  
	
  Volume
  Commitment Delivery Period:

  	
  Effective
  Date through June 29, 2011

  
	
   

  	
   

  
	
  Qualifying
  Loan Programs:

  	
  All
  Loan Programs

  
	
   

  	
   

  
	
  Minimum
  Qualifying Amount:

  	
  Minimum
  of 25% of Conventional Conforming Mortgage Loans and 25% of Government
  Mortgage Loans originated and closed by Client (including banked and brokered
  loans).

  
	
   

  	
   

  
	
  Non-Delivery
  Fee:

  	
  If
  Client fails to deliver to Bank of America the required Minimum Qualifying
  Amount on a quarterly basis, Client shall pay Bank of America a non-delivery
  fee of 25 basis points on the shortfall. All Non-Delivery Fees will be
  invoiced to Client and shall be due and payable within thirty (30) days after
  the invoice date.

  

 

Additional
Terms and Conditions:

 

All
Loans sold by Client to Bank of America under this Commitment shall be subject
to the terms and conditions of the correspondent Loan Purchase Agreement
between Bank of America and Client, which is hereby incorporated by reference and
made a part hereof.

 

Bank
of America and Client may terminate this Commitment with or without cause and,
upon such termination, a Non-Delivery Fee on any volume shortfall as of the
effective termination date shall be due and payable on the effective termination
date.

 

This
Commitment may be executed simultaneously in any number of counterparts.  Each counterpart shall be deemed to be an
original, and all such counterparts shall constitute one and the same
instrument.  Facsimile signatures shall
be deemed valid and binding to the same extent as the original.

 

Home Loan Center, Inc.
Initials RF

 

Bank of America Initials BK

 

1

 

This Commitment and any related exhibits and
attachments are confidential and may not be disclosed to any third party
without the prior consent of Bank of America.

 

Please
execute this Commitment and return to the undersigned.  We look forward to a mutually beneficial and
prosperous relationship.

 

Sincerely,

 

Bank of
America, N.A.

 

 

	
  By:

  	
  /s/
  Blair Kenny

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Name:

  	
  Blair
  Kenny

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Title:

  	
  Senior
  Vice President

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Dated:

  	
  July
  15, 2010

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Acknowledged by:

  	
   

  
	
   

  	
   

  
	
  Home Loan Center, Inc.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/
  Rian Furey

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Name:

  	
  Rian
  Furey

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Title:

  	
  Senior
  Vice President

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Dated:

  	
  July
  15, 2010

  	
   

  	
   

  

 

Home Loan Center, Inc.
Initials RF

 

Bank of America Initials BK

 

2Exhibit 10.4

 

June 30,
2010

 

Home
Loan Center, Inc.

163
Technology Drive

Irvine,
CA 92618

Attn:
Rian Furey, Senior Vice President

Email:
Rian.Furey@lendingtree.com

 

Re:           Transactions
Terms Letter for Master Repurchase Agreement

 

Ladies
and Gentlemen:

 

This
Transactions Terms Letter is made and entered into, as of the date set forth
above, by and between Bank of America, N.A. (“Buyer”) and Home Loan Center, Inc.
(“Seller”). This Transactions Terms Letter supplements the Master Repurchase
Agreement (the “Agreement”) by and between Buyer and Seller.  In the event there exists any inconsistency
between the Agreement and this Transactions Terms Letter, the latter shall be
controlling notwithstanding anything contained in the Agreement to the
contrary.  All capitalized terms used
herein and not otherwise defined herein shall have the meanings assigned to
such terms in the Agreement. This Transactions Terms Letter supercedes all
previous Transactions Terms Letters and amendments as of the Effective Date.

 

	
  Effective
  Date:

  	
  June 30,
  2010

  
	
   

  	
   

  
	
  Expiration
  Date:

  	
  Expiring
  on June 29, 2011

  
	
   

  	
   

  
	
  Aggregate
  Transaction Limit:

  	
  Fifty
  Million Dollars ($50,000,000)

  
	
   

  	
   

  
	
  Financial
  Covenants:

  	
  Seller
  shall maintain the following financial covenants:

  
	
   

  	
   

  
	
   

  	
  (a)

  	
  Minimum
  Tangible Net Worth (calculated per HUD guidelines): $25,000,000.

  
	
   

  	
  (b)

  	
  Minimum
  Liquidity: Seller to maintain unrestricted cash or unrestricted Cash
  Equivalents in a minimum amount equal to 25% of Seller’s Tangible Net Worth,
  inclusive of the Over/Under Account Balance and available draws from
  Warehouse and Repurchase facilities. By way of example but not limitation,
  cash in escrow and/or impound accounts shall not be included in this
  calculation.

  
	
   

  	
  (c)

  	
  Maximum
  ratio of Total Liabilities and Warehouse Credit (Warehouse Credit is
  inclusive of outstandings on warehouse lines, repurchase facilities or other
  off balance sheet financing) to Tangible Net Worth: 8:1. (excluding the Early
  Purchase Program with Buyer)

  
	
   

  	
  (d)

  	
  Net
  Income: Seller shall show positive pre-tax net income, on a rolling two
  quarter basis.

  
	
   

  	
  (e)

  	
  Seller
  shall not add additional mortgage financing facilities (including warehouse,
  repurchase, purchase or off-balance sheet facilities) without prior written
  notification to Buyer.

  
	
   

  	
  (f)

  	
  Payment
  of Dividends: Seller may, without the prior written consent of Buyer,
  (a) declare or pay dividends upon its shares of stock now or hereafter
  outstanding, including dividends payable in the capital stock of Seller, or
  make any distribution of assets to its shareholders, whether in cash,

  

 

Acknowledged:             

Home Loan Center, Inc.: RF

Bank of America, N.A.: BK

 

 

	
   

  	
   

  	
  property or secutities, or
  (b) acquire, purchase, redeem or retire shares of its capital stock now
  or hereafter outstanding for value; provided that a Potential Default or an
  Event of Default is not existing and will not occur as a result thereof, or
  such distribution payments will not otherwise cause Seller to be in breach of
  its obligations hereunder.

  
	
   

  	
   

  
	
  Other
  Covenants:

  	
  Seller
  shall maintain the following other covenants:

  
	
   

  	
   

  
	
   

  	
  (a)

  	
  To help ensure that Seller
  has adequate approved investors for mortgage loans originated by Seller,
  Seller shall become and remain an approved client of Bank of America’s
  Correspondent Lending group (“Correspondent Lending”).

  
	
   

  	
  (b)

  	
  If the financial or other
  material covenants of Seller under any current, future or modified third
  party warehouse, repurchase, financing or similar agreement are, or become,
  more favorable to Buyer than the equivalent covenants under the Agreement, or
  if one or more personal and/or corporate guaranties are currently required or
  later become required in connection with any such third party agreements,
  Seller shall promptly notify Buyer and Buyer shall have the right, in its
  sole discretion, to modify the Agreement to include such covenants and/or to
  require such personal and/or corporate guaranties of the Agreement. Further,
  at the request of Buyer, Seller shall promptly provide Buyer with its
  financial covenants and any other covenants that Buyer deems material under
  any such current, future or modified third party agreement and/or copies of
  any personal and/or corporate guaranties required in connection with such
  third party agreement.

  
	
   

  	
  (c)

  	
  Delinquency Covenant. If, in any
  two consecutive fiscal quarters of Seller, the delinquency rate for
  first-lien residential mortgage loans originated by Seller and sold to
  Correspondent Lending is greater than one hundred and fifty percent (150%) of
  the average delinquency rate for first-lien residential mortgages sold by all
  clients of Correspondent Lending, Buyer may immediately terminate the
  Agreement.

  
	
   

  	
  (d)

  	
  Loss Mitigation Covenant. If the sum total of all
  Total Adjusted Estimated Loss (the “Billable Amount”), (including for
  example, outstanding repurchase obligations), as disclosed in the Seller
  Repurchase Obligations Report, owed by Seller to Correspondent Lending at the
  end of a calendar quarter is equal to or greater than thirty five percent
  (35%)  of Seller’s Tangible Net Worth, then
  Buyer may immediately suspend Transactions under the Agreement and
  Correspondent Lending may immediately cease purchasing mortgage loans from
  Seller.

  
	
   

  	
  (e)

  	
  Seller shall not have any
  undisputed accounts receivables owed to Correspondent Lending that are aged
  over sixty (60) days exceeding in the aggregate $5,000.

  

 

Acknowledged:             

Home Loan Center, Inc.: RF

Bank of America, N.A.: BK

 

2

 

	
  Facility
  Fee:

  	
  Due annually, 25 basis
  points, payable in quarterly installments, with the first installment due
  prior to the Effective Date. Upon early termination of the Agreement by
  Seller, the entire Facility Fee will be due and owing. The fee is payable
  based on Aggregate Transactions Limit only and will be prorated in the event
  of increases.

  
	
   

  	
   

  
	
  Unused
  Facility Fees:

  	
  For
  any given calendar quarter, Seller’s average outstanding Transactions must be
  greater than or equal to 50% of the Aggregate Transaction Limit, otherwise
  Seller shall pay Buyer 25 basis points (0.25%) times the unused portion of the
  Aggregate Transaction Limit, annualized. For the purposes of this
  calculation, outstanding Transactions shall include EPP Loans under Seller’s
  EPP Addendum with Buyer.

  
	
   

  	
   

  
	
  Transaction
  Request Deadline:

  	
  2:00 p.m.
  (Pacific time).

  
	
   

  	
   

  
	
  Deadline
  for Daily Receipt

  Of Purchase Advices by Buyer: 

  	
  2:00 p.m.
  (Pacific time). 

  
	
   

  	
   

  
	
  Minimum
  Over/Under

  Account Balance: 

  	
  $1,125,000
  (minimum of 150 basis points of the combined Repurchase and EPP facility
  limits). 

  
	
   

  	
   

  
	
   

  	
  Seller to be
  entitled to interest on a monthly basis thereon at an annual rate of LIBOR
  plus the Type A Margin over 30 day LIBOR spread on the positive monthly
  average Over/Under Balance for the portion that is equal to or less than 20%
  of the average monthly outstanding Transactions for such month and; Seller to
  be entitled to interest on a monthly basis at an annual rate of LIBOR minus
  twenty five (25) basis points (0.25%) on the remaining portion of the
  positive monthly average Over/Under Balance that is greater than 20% but less
  than or equal to 75% of the average monthly outstanding Transactions for such
  month.  For the purpose of this calculation, average outstanding
  Transactions shall include EPP Loans under Seller’s EPP Addendum with
  Buyer.  “LIBOR” shall mean the greater of (i) the daily rate per
  annum for one-month U.S. dollar denominated deposits as offered to prime
  banks in the London interbank market or (ii) 2%, as applicable.

  
	
   

  	
   

  
	
  Eligible
  Loans:

  	
  Prior
  to being eligible for a Transaction, each mortgage loan shall comply with
  Buyer’s and Correspondent Lending’s then-current underwriting requirements
  and eligibility guidelines and no mortgage loan shall be more than 30 days
  past its original funding date or contractually delinquent 30 days or more.
  Underwriting requirements and eligibility guidelines are subject to change at
  Buyer’s sole discretion.

  
	
   

  	
   

  
	
  Securitization:

  	
  Unless
  otherwise agreed to by Buyer, mortgage loans which Seller intends to
  securitize shall not be eligible for Transactions.

  
	
   

  	
   

  
	
  Loans
  to Officers, Directors,

  Owners and Guarantors: 

  	
  Transactions
  for a loan to be made to an officer, director, senior manager or owner of
  Seller or any guarantor (if applicable) shall 

  

 

Acknowledged:             

Home Loan Center, Inc.: RF

Bank of America, N.A.: BK

 

3

 

	
   

  	
  be
  subject to the prior approval of Buyer and such Transaction requirements as
  determined in Buyer’s sole discretion.

  
	
   

  	
   

  
	
  Reporting
  requirements:

  	
  Financial
  Reports & Officer’s Certificate: Seller shall deliver to
  Buyer, within thirty (30) days after the end of each month, financial
  statements of Seller, including statements of income and changes in
  shareholders’ equity (or its equivalent) for such month and the related
  balance sheet as at the end of such month, all in reasonable detail acceptable
  to Buyer and certified by the chief financial officer of Seller, subject,
  however, to year-end audit adjustments. Together with such financial
  statements, Seller shall deliver an officer’s certificate substantially in a
  form to be provided by Buyer, which shall include funding and production
  volume reports for the previous month.

  
	
   

  	
   

  
	
   

  	
  Annual
  Reports: Seller shall deliver to Buyer, within ninety
  (90) days after the end of each fiscal year of Seller, audited financial
  statements of Seller, including statements of income and changes in
  shareholders’ equity for such fiscal year and the related balance sheet as at
  the end of such fiscal year, all in reasonable detail acceptable to Buyer and
  certified by the chief financial officer of Seller stating, at a minimum,
  that the financial statements fairly present the financial condition and
  results of operations of Seller as of the end of, and for, such year.

  
	
   

  	
   

  
	
   

  	
  Government
  Insuring Reports: Seller shall provide Buyer within thirty (30)
  days after the end of each quarter, or as requested by Buyer, the following
  government insuring reports (including 15 month history):

  
	
   

  	
  (a)

  	
  Loans
  Originated - Current Defaults and Claims Reported — United States (from FHA
  Connection):

  
	
   

  	
   

  	
  ·

  	
  Output
  option: all loans

  
	
   

  	
   

  	
  ·

  	
  Performance
  period: current period

  
	
   

  	
   

  	
  ·

  	
  All
  insured single family loans with a beginning amortization within the last two
  years

  
	
   

  	
  (b)

  	
  HUD
  Pipeline/Uninsured Query:

  
	
   

  	
   

  	
  ·

  	
  Date
  range: use default

  
	
   

  	
   

  	
  ·

  	
  Sort
  by: originating ID in ascending order

  
	
   

  	
  (c)

  	
  Indemnification
  Query:

  
	
   

  	
   

  	
  ·

  	
  Date
  range: last five years

  
	
   

  	
   

  	
  ·

  	
  Sort
  by: case # in descending order

  
	
   

  	
  (d)

  	
  Late
  Endorsement Query:

  
	
   

  	
   

  	
  ·

  	
  Loan
  status: Active, claimed

  
	
   

  	
   

  	
  ·

  	
  Date
  range: last two year period

  
	
   

  	
   

  	
  ·

  	
  Sort
  by: # days closing to Endr pkg Rcvd in descending order

  
	
   

  	
   

  	
   

  
	
   

  	
  Hedging
  Report: Seller shall deliver to Buyer each Monday a loan
  and rate lock position report and hedge report containing product level
  pricing and interest rate sensitivity analysis (shocks) or as requested by
  Buyer (data elements to be agreed upon).

  
	
   

  	
   

  
	
   

  	
  If
  requested by Buyer, Seller shall provide to Buyer within five (5) days
  of such request, in a form reasonably acceptable to Buyer, a detailed aging
  report of all outstanding loans on warehouse/ purchase/ repurchase
  facilities, and detail of all uninsured government loans.

  

 

Acknowledged:             

Home Loan Center, Inc.: RF

Bank of America, N.A.: BK

 

4

 

	
  Reimbursement
  of Expenses:

  	
  Seller
  shall reimburse Buyer for certain costs and expenses including, without
  limitation, the following:

  
	
   

  	
   

  	
   

  
	
   

  	
  (a)

  	
  Amendments:  Seller shall pay Buyer $2,500 for any
  future amendments to Transactions Documents or covenant violation
  notices.  The amendment fee shall be
  waived for any future amendments or modifications requested by Seller
  regarding increases to the Aggregate Transaction Limit.

  
	
   

  	
   

  	
   

  	
   

  
	
  Fees:

  	
  Wire
  Transfer Fee:

  	
   

  	
  $10.00
  per Transaction

  
	
   

  	
  File
  Fee:

  	
   

  	
  $30.00
  per Transaction

  
	
   

  	
  Shipping
  Fee:

  	
   

  	
  $15.00
  per Transaction for all investors other than Bank of America, N.A.; and

  
	
   

  	
   

  	
   

  	
  $0.00
  for all Bank of America loans

  
	
   

  	
  Non
  compliant Fee:

  	
   

  	
  $25.00

  
	
   

  	
  Wet
  Deficiency Fee:

  	
   

  	
  $10.00
  per day

  
	
   

  	
  Other
  Fees:

  	
   

  	
  As
  set forth within Schedule 1 hereto

  
	
   

  	
   

  	
   

  	
   

  
	
  Buyer’s
  Guidelines, Policies and Procedures:  

  	
  The
  terms and conditions of this Transactions Terms Letter and the Agreement
  shall be subject to Buyer’s guidelines, policies and procedures, as may be
  changed from time to time. Buyer may communicate changes to its guidelines,
  policies and procedures to Seller via Buyer’s website, email or in writing.  

  
	
   

  	
   

  
	
  Guarantors:

  	
  Lending
  Tree, LLC, Tree.com, Inc., and LendingTree Holdings, Inc

  
					

 

Please
acknowledge your agreement to the terms and conditions of this Transactions
Terms Letter by signing in the appropriate space below and returning a copy of
the same to the undersigned. Facsimile signatures shall be deemed valid and
binding to the same extent as the original. 
Buyer shall have no obligation to honor the terms and conditions of this
Transactions Terms Letter if Seller fails to fully execute and return this
document to Buyer within thirty (30) days after the date of issuance.

 

	
  Sincerely,

  	
   

  	
  Agreed
  to and Accepted by:

  
	
   

  	
   

  	
   

  
	
  Bank
  of America, N.A.

  	
   

  	
  Home
  Loan Center, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/
  Blair Kenny

  	
   

  	
  By:

  	
  /s/
  Rian Furey

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Name:

  	
  Blair
  Kenny

  	
   

  	
  Name:

  	
  Rian
  Furey

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Title:

  	
  Senior
  Vice President

  	
   

  	
  Title:

  	
  Senior
  Vice President

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Dated:

  	
  July
  15, 2010

  	
   

  	
  Dated:

  	
  July
  15, 2010

  

 

Acknowledged:             

Home Loan Center, Inc.: RF

Bank of America, N.A.: BK

 

5

 

SCHEDULE 1

(Eligible Mortgage Loans)

 

	
   

  	
   

  	
  Type

  Sublimit

  	
   

  	
  Margin over 30

  day LIBOR (B)

  	
   

  	
  Type Purchase Price

  Percentage (A)

  	
   

  	
  Maximum

  Dwell Time

  	
   

  	
  Transaction

  Requirements

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Type
  A:

  Conventional
  Conforming Mortgage Loans (Agency eligible 1st mortgages with Full/Alt doc types only)

  	
   

  	
  100%

  	
   

  	
  2.25

  	
   

  	
  97.00

  	
   

  	
  30 days

  	
   

  	
  None

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Type
  B:

  Government
  Mortgage Loans

  (1st mortgages only)

  	
   

  	
  100%

  	
   

  	
  2.25

  	
   

  	
  97.00

  	
   

  	
  30 days

  	
   

  	
  None

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Type
  B-1:

  Bond
  Loans

  (1st mortgages only)

  	
   

  	
  20%

  	
   

  	
  2.25

  	
   

  	
  97.00

  	
   

  	
  45 days

  	
   

  	
  None

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Type
  C:

  Jumbo
  Mortgage Loans

  (1st mortgages only, maximum loan amounts to
  $1,000,000)

  	
   

  	
  10%

  	
   

  	
  2.25

  	
   

  	
  95.00

  	
   

  	
  30 days

  	
   

  	
  Rate Lock and CLUES or Prior Approval

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Noncompliant
  Mortgage Loans

  	
   

  	
  7%

  	
   

  	
  2.00 over the initial margin

  	
   

  	
  See schedule 2

  	
   

  	
  Additional 45 days

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Wet
  Mortgage Loans

  	
   

  	
  40%,

  increasing to 60% for the first and last five (5) business days of each
  month

  	
   

  	
  Noncompliant or default spreads, if applicable, over the initial Type
  Margin over 30 day LIBOR

  	
   

  	
  The initial Type Purchase Price Percentage. If Transaction exceeds
  the Wet Mortgage Loans Maximum Dwell Time, see Schedule 3

  	
   

  	
  5 business days

  	
   

  	
   

  

 

	
  (A)

  	
  The
  Purchase Price shall be calculated and equal to multiplying the unpaid
  principal balance times the lesser of (i) the Type Purchase Price
  Percentage times the lesser of par, takeout price or current market price or;
  (ii) 98% of the takeout price or current market price or fair market
  value. Seller will have the ability to reduce the Type Purchase Price
  Percentage to no less than 10% once per month, not to be applied
  retroactively

  
	
   

  	
   

  
	
  (B)

  	
  For
  the purpose of calculating the Margin over 30 day LIBOR, “LIBOR” shall mean
  the greater of (i) the daily rate per annum for one-month U.S. dollar
  denominated deposits as offered to prime banks in the London interbank market
  or (ii) 2%, as applicable.

  

 

·                  All
Transactions are to the closing table.

 

·                  Delegated
underwriting status does not satisfy the Transaction Requirements contained
herein.

 

·                  Transaction Requirement
Definitions and Doc Type Definitions are set forth on Buyer’s website.

 

·                  All loan
amounts, FICO scores, LTV/CLTV, and document types shall meet Correspondent
Lending guidelines.

 

SCHEDULE 2

Noncompliant Mortgage Loans
(Applicable to dry Transactions only)

 

	
  Days
  over Maximum Dwell

  Time

  	
   

  	
  Reduction in Value of

  Purchased Asset

  
	
  1 to 15 Days

  	
   

  	
  10

  
	
  16 to 30 Days

  	
   

  	
  20

  
	
  31 to 45 Days

  	
   

  	
  30

  
	
  Investor Rejects

  	
   

  	
  25

  

 

SCHEDULE 3

Wet Noncompliant Mortgage
Loans (Applicable to wet Transactions only)

 

	
  Days
  over Maximum Dwell Time

  (for Wet Mortgage Loans)

  	
   

  	
  Reduction in Value of

  Purchased Asset

  
	
  1 to 5 Business Days

  	
   

  	
  10

  

 

Acknowledged:             

Home Loan Center, Inc.: RF

Bank of America, N.A.: BK

 

6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}]]