The Missouri Subsequent Transfer Agreement is a legal document that establishes the terms and conditions for the purchase and sale of mortgage loans between LCC Mortgage Investors, Inc. and Bankers Trust of CA, N.A. This agreement outlines the process by which LCC Mortgage Investors, Inc. transfers the ownership of mortgage loans to Bankers Trust of CA, N.A. and ensures the consummation of the transaction. Keywords: Missouri Subsequent Transfer Agreement, LCC Mortgage Investors, Inc., Bankers Trust of CA, N.A., purchase and sale of mortgage loans, consummation. Types of Missouri Subsequent Transfer Agreements between LCC Mortgage Investors, Inc. and Bankers Trust of CA, N.A. may include: 1. Basic Subsequent Transfer Agreement: This type of agreement lays out the fundamental terms and conditions for the transfer of mortgage loans. It covers aspects such as loan documentation, assignment of rights, representations and warranties, obligations of both parties, and the process for consummation. 2. Subsequent Transfer Agreement with Special Provisions: In certain cases, LCC Mortgage Investors, Inc. and Bankers Trust of CA, N.A. may include additional provisions to address specific situations or unique circumstances. These could include conditions related to loan delinquency, hazard insurance, foreclosure proceedings, or other factors that may impact the transfer or sale of the mortgage loans. 3. Subsequent Transfer Agreement with Purchase Price Adjustments: This type of agreement allows for adjustments to the purchase price of the mortgage loans based on specific criteria specified within the agreement. These adjustments could be linked to factors such as loan performance, credit scores, default rates, or other predetermined benchmarks. 4. Subsequent Transfer Agreement with Repurchase Option: In some instances, LCC Mortgage Investors, Inc. and Bankers Trust of CA, N.A. may include a repurchase option within the agreement. This provision enables Bankers Trust of CA, N.A. to require LCC Mortgage Investors, Inc. to repurchase certain mortgage loans if they fail to meet predefined quality standards or regulatory compliance requirements within a specified time period. 5. Subsequent Transfer Agreement with Cross-Indemnification: This type of agreement includes provisions that protect both parties from potential losses or liabilities associated with the transfer and sale of mortgage loans. It establishes the obligations of each party to indemnify and hold harmless the other party in case of any claims, damages, or losses arising from the transaction. It is crucial to consult legal professionals or review the specific Subsequent Transfer Agreement to gain accurate information about the terms, conditions, and specific types applicable in the context of LCC Mortgage Investors, Inc. and Bankers Trust of CA, N.A.
Missouri 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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