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Idaho Subsequent Transfer Agreement between MLCC Mortgage Investors, Inc. and Bankers Trust of CA, N.A. regarding consummation for purchase and sale of mortgage loans

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Subsequent Transfer Agreement between MLCC Mortgage Investors, Inc. and Bankers Trust of California, N.A. regarding consummation for purchase and sale of subsequent mortgage loans dated 00/99. 3 pages.

The Idaho Subsequent Transfer Agreement between LCC Mortgage Investors, Inc. and Bankers Trust of CA, N.A. is a legally binding contract that outlines the terms and conditions for the purchase and sale of mortgage loans in the state of Idaho. This agreement allows for the smooth transfer of ownership from LCC Mortgage Investors, Inc. to Bankers Trust of CA, N.A. Under this agreement, LCC Mortgage Investors, Inc. agrees to sell and Bankers Trust of CA, N.A. agrees to purchase a specified number of mortgage loans. This transaction enables LCC Mortgage Investors, Inc. to transfer the risk associated with these loans to Bankers Trust of CA, N.A., while Bankers Trust acquires a portfolio of mortgage loans that align with their investment objectives. The purpose of the Idaho Subsequent Transfer Agreement is to facilitate the consummation of the purchase and sale of mortgage loans. It covers crucial aspects such as loan documentation, transfer of title, representations and warranties, indemnification, and loan servicing. The agreement ensures that the mortgage loans being sold comply with all applicable federal and state laws, regulations, and guidelines. It also addresses the transfer of all related documents, including promissory notes, deeds of trust, title insurance policies, and any other necessary paperwork. Furthermore, the Idaho Subsequent Transfer Agreement may include provisions regarding the payment of purchase price, closing costs, and how any potential disputes will be resolved. It is essential for both parties to carefully review and understand the terms stated in the agreement to avoid any future inconveniences or misunderstandings. While there may not be specific types of Idaho Subsequent Transfer Agreements between LCC Mortgage Investors, Inc. and Bankers Trust of CA, N.A. regarding consummation for purchase and sale of mortgage loans named as such, variations may exist based on specific loan portfolios or unique circumstances. It is crucial to review the specific terms and conditions outlined in each agreement to fully comprehend the scope and details tailored to the parties' specific needs.

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Idaho Subsequent Transfer Agreement between MLCC Mortgage Investors, Inc. and Bankers Trust of CA, N.A. regarding consummation for purchase and sale of mortgage loans