SEC Contract Filing

Filing Date: 2017-06-21

Document Content:
<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>6
<FILENAME>ex-10d5.htm
<DESCRIPTION>EX-10.5
<TEXT>
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 Ex. 10.5 - Am No. 9 to MRA
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 <font style="display:inline;font-weight:bold;">Exhibit 10.5</font>

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 <a name="OLE_LINK6"></a><font style="display:inline;">AMENDMENT NUMBER NINE</font>
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 <font style="display:inline;">to the</font>
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 <font style="display:inline;">MASTER REPURCHASE AGREEMENT</font>
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 <font style="display:inline;">Dated as of July 2, 2013,</font>
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 <font style="display:inline;">among</font>
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 <font style="display:inline;">PENNYMAC LOAN SERVICES, LLC,</font><font style="display:inline;font-weight:bold;">&nbsp;</font>
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 <font style="display:inline;">MORGAN STANLEY BANK. N.A.</font>
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 <font style="display:inline;">and</font>
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 <font style="display:inline;">MORGAN STANLEY MORTGAGE CAPITAL HOLDINGS LLC</font>
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 <font style="display:inline;">&nbsp;</font>
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 <font style="display:inline;">&nbsp;</font>
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 <p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;;font-size: 11pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;font-size:11pt;">This AMENDMENT NUMBER NINE (this &#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Amendment Number Nine</font><font style="display:inline;font-size:11pt;">&#x201D;) is made this 20</font><font style="display:inline;font-size:11pt;font-size:6pt;top:-4pt;position:relative;line-height:100%">th</font><font style="display:inline;font-size:11pt;"> day of June, 2017, among PENNYMAC LOAN SERVICES, LLC a Delaware limited liability company, as seller (&#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Seller</font><font style="display:inline;font-size:11pt;">&#x201D;), MORGAN STANLEY BANK, N.A., a national banking association, as buyer (&#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Buyer</font><font style="display:inline;font-size:11pt;">&#x201D;) and MORGAN STANLEY MORTGAGE CAPITAL HOLDINGS LLC, a New York limited liability company, as agent for Buyer (&#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Agent</font><font style="display:inline;font-size:11pt;">&#x201D;), to the Master Repurchase Agreement, dated as of July 2, 2013, between Seller and Buyer, as such agreement may be amended from time to time (the &#x201C;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Agreement</font><font style="display:inline;font-size:11pt;">&#x201D;).&nbsp;&nbsp;Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Agreement.</font>
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 <font style="display:inline;text-decoration:underline;;font-size: 11pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;">WHEREAS, Seller, Buyer and Agent have agreed to amend the Agreement to modify the definition of Indebtedness and the wire instructions thereunder, as more specifically set forth herein; and</font>
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 <font style="display:inline;;font-size: 11pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;">WHEREAS, as of the date hereof, Seller represents to Buye