Title: Oregon Sample Mortgage Loan Purchase Agreement between Credit Suisse First Boston Mortgage Securities Corp. and Credit Suisse First Boston Mortgage Capital, LLC Keywords: Oregon, Sample Mortgage Loan Purchase Agreement, Credit Suisse First Boston Mortgage Securities Corp., Credit Suisse First Boston Mortgage Capital, LLC. Introduction: The Oregon Sample Mortgage Loan Purchase Agreement is a legally binding document that establishes the terms and conditions between Credit Suisse First Boston Mortgage Securities Corp. (CFB Mortgage Securities) and Credit Suisse First Boston Mortgage Capital, LLC (CFB Mortgage Capital) in relation to the purchase and sale of mortgage loans. This agreement is specifically applicable to transactions involving properties located in Oregon. Key Terms and Elements: 1. Parties involved: The agreement is entered into between CFB Mortgage Securities as the purchaser and CFB Mortgage Capital as the seller. 2. Mortgage loans: This agreement encompasses the purchase and sale of a range of mortgage loans, including fixed-rate, adjustable-rate, and hybrid mortgage loans. 3. Oregon-specific provisions: The agreement incorporates clauses that adhere to the state of Oregon's legal requirements and regulations governing mortgage loan transactions. 4. Purchase price and payment: The agreement defines the purchase price to be paid by CFB Mortgage Securities for the mortgage loans, as well as the payment terms and methods. 5. Representations and warranties: Both parties provide specific representations and warranties regarding the validity, condition, and quality of the mortgage loans being purchased and sold. 6. Covenants and conditions: The agreement outlines various covenants and conditions that the parties must mutually fulfill, including the timely delivery of loan documentation and compliance with applicable laws and regulations. 7. Indemnification: It includes indemnification provisions to protect both parties from losses or damages arising out of breaches of the agreement or misrepresentations. 8. Governing law and jurisdiction: The agreement specifies that it shall be governed by the laws of the state of Oregon and designates Oregon courts as the exclusive jurisdiction for any disputes arising from the agreement. Types of Oregon Sample Mortgage Loan Purchase Agreement: 1. Oregon Residential Mortgage Loan Purchase Agreement: This type of agreement pertains specifically to the purchase and sale of residential mortgage loans in Oregon. 2. Oregon Commercial Mortgage Loan Purchase Agreement: This variant targets commercial mortgage loans and governs their purchase and sale transactions within Oregon. 3. Oregon Multifamily Mortgage Loan Purchase Agreement: This agreement is specifically designed for the purchase and sale of multifamily mortgage loans, ensuring compliance with Oregon laws and regulations. 4. Oregon Refinance Mortgage Loan Purchase Agreement: This type of agreement focuses on the purchase and sale of mortgage loans intended for refinancing properties in Oregon. Conclusion: The Oregon Sample Mortgage Loan Purchase Agreement provides a comprehensive framework for parties involved in the purchase and sale of mortgage loans in Oregon, ensuring compliance with state-specific regulations. With different types of agreements available, it caters to various mortgage loan categories, allowing for clear and legally binding transactions between CFB Mortgage Securities and CFB Mortgage Capital.
Oregon Sample Mortgage Loan Purchase Agreement between Credit Suisse First Boston Mortgage Securities Corp. and Credit Suisse First Boston Mortgage Capital, LLC
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