San Diego, California is a renowned city located along the Pacific coast in Southern California. It is known for its picturesque beaches, pleasant climate, and diverse cultural attractions. From stunning coastal landscapes to vibrant downtown areas, San Diego offers a wide range of activities and opportunities for residents and visitors. Now, turning our attention to the sample Mortgage Loan Purchase Agreement between Credit Suisse First Boston Mortgage Securities Corp. and Credit Suisse First Boston Mortgage Capital, LLC regarding San Diego, California, let's explore the key points and relevant keywords associated with it. 1. Parties Involved: The agreement involves two significant entities: — Credit Suisse First Boston Mortgage Securities Corp. — Credit Suisse First Boston Mortgage Capital, LLC 2. Purpose: This Mortgage Loan Purchase Agreement establishes the terms and conditions under which Credit Suisse First Boston Mortgage Capital, LLC will purchase mortgage loans from Credit Suisse First Boston Mortgage Securities Corp. Specifically, it relates to mortgage loans in San Diego, California. 3. Loan Types: The agreement may cover various mortgage loan types associated with San Diego, California, such as: — Fixed-rate mortgage loan— - Adjustable-rate mortgage loans — Jumbo mortgage loan— - Conventional mortgage loans — FHA-insured mortgage loan— - VA-guaranteed mortgage loans 4. Terms and Conditions: The agreement includes detailed provisions regarding: — Loan origination and underwriting standards — Mortgage loan purchaspriceic— - Delivery and certification of mortgage loans — Representations and warranties of the seller (Credit Suisse First Boston Mortgage Securities Corp.) — Responsibilities and obligations of the buyer (Credit Suisse First Boston Mortgage Capital, LLC) — Cure mechanisms for potential breaches — IndemnificatioMosellele— - Remedies available to the buyer in case of breach — Governing law and jurisdiction 5. Closing Process: The agreement outlines the procedure for closing mortgage loan purchases, including: — Timing and location of thclosingin— - Document preparation and execution — Transfeownershiphi— - Funding arrangements — Recordation of mortgage loans in relevant San Diego County offices 6. Compliance: Compliance with applicable federal and state laws and regulations is a crucial aspect of the agreement. This ensures that mortgage loans purchased in San Diego adhere to legal requirements, protecting both parties involved. By following such a structured Mortgage Loan Purchase Agreement, Credit Suisse First Boston Mortgage Securities Corp. and Credit Suisse First Boston Mortgage Capital, LLC can effectively engage in mortgage loan transactions related to San Diego, California, while mitigating risks and ensuring mutual satisfaction.