Specific Understood Suggestions Might have been Excluded In the Showcase Because Is actually Maybe not Question And Would likely End in Competitive Damage to The fresh new REGISTRANT When the In public places Uncovered. [***] Indicates that Guidance Has been REDACTED.

Amendment No. 8 to Learn Repurchase Agreement, dated as of endment?), by and between Bank of America, N.A. (?Customer?) and Caliber Home Loans, Inc. (?Vendor?).

Credit Business

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 Learn Repurchase Arrangement?; and as further amended by this Amendment, the ?Master Repurchase Agreement?).

Customer and Provider provides assented, susceptible to the latest fine print of this Amendment, the Existing Master Repurchase Contract become revised so you can echo specific decideded upon changes into the regards to current Master Repurchase Arrangement.

Accordingly, Customer and Provider hereby agree, in thought of shared guarantees and shared financial obligation established here, that Existing Grasp Repurchase Contract are hereby revised the following:

SECTION 1. Approved 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:

Warehouse Lenders

(b) . So that a factory financial that provides resource according from a good Correspondent Real estate loan getting pragmatic site appointed a prescription Payee when it comes to one Cost, Vendor shall submit to Client a written request, for instance the term and address of your facility bank, showing a significance of such as for instance designation. Despite this, Visitors reserves the legal right to refuse to designate eg facility lender given that a prescription Payee, otherwise, alternatively, to need most small print so as that Buyer to help you pay a price so you can such as for example warehouse financial.

4.14 Solution Speed. 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 ?Booked Unavailability Go out?), 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 Price 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 7.step three) or (ii) warehouse lenders that provide financing in respect of a Correspondent Mortgage Loan that are Approved Payees.