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Notice. Section 9.3 of the Existing Master Repurchase Agreement is hereby amended by deleting subsections (g), (m) and (n) in their entirety and replacing them with the following:

(g) one improvement in people question admiration to almost any underwriting guidelines pertaining in order to Qualified Mortgages hereunder, otherwise correspondent assistance (and, instead of maximum new correspondent recognition procedure) regarding Provider that are available since the fresh Energetic Big date;

(m) in spite of the first sentence of this Section plus one feel no later than simply 30 (30) days? earlier composed find to Consumer, one (i) switch to the spot of their leader work environment/captain place of business off that given inside Point 8.1(t), (ii) improvement in the name, name or business build (or even the similar) otherwise improvement in the location where Provider retains their facts having value on Purchased Possessions otherwise one Bought Points, or (iii) reincorporation otherwise reorganization out of Vendor beneath the regulations of some other legislation;

(n) any (i) issue non-financial sanctions levied up against Supplier; (ii) charges otherwise fees levied facing Merchant in excess bad credit installment loans Hawai of $[***] privately sustained down seriously to Supplier?s strategies otherwise omission to act; (iii) people improvement in Acceptance position from Seller otherwise (iv) the beginning of any thing non-regime Company Review, study or even the place of any step against Vendor, when you look at the for each and every question of clauses (i), (ii) and you may (iv), from the people Service, HUD, the new FHA, the fresh Va or even the RD or people supervisory otherwise regulatory Political Power supervising or regulating brand new origination otherwise servicing out of mortgages because of the, or the issuer or seller condition out of, Seller;

9.18 Helpful Ownership Degree. Seller shall at all times either (i) ensure that the Seller has delivered to Buyer a Beneficial Ownership Certification, if applicable, and that the information contained therein is true and correct in all respects, or (ii) deliver to Buyer an updated Beneficial Ownership Certification within five (5) Business Days following the date on which the information contained in any previously delivered Beneficial Ownership Certification ceases to be true and correct in all respects.

10.1 Financial obligation. Seller shall not incur any additional material Debt in excess of $[***] without the prior written consent of Buyer, other than (i) the Existing Debt, (ii) Debt incurred in connection with a repurchase agreement, warehouse facility or similar credit facility or mortgage servicing or servicing advance facility, (iii) Debt incurred with Buyer or its Affiliates, and (iv) usual and customary accounts payable for a mortgage company.

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10.3 Financial obligation and Subordinated Loans. Seller shall not, either directly or indirectly, without the prior written consent of Buyer, pay any Debt or Subordinated Debt if such payment shall cause a Potential Default or Event of Default. Further, if an Event of Default shall have occurred and for as long as such is occurring, Seller shall not, either directly or indirectly, without the prior written consent of Buyer, make any payment of any kind thereafter on such Debt or Subordinated Debt until all obligations of Seller hereunder have been paid and performed in full.

SECTION 7. Transactions having Associates. Section 10.7 of the Existing Master Repurchase Agreement is hereby amended by deleting such section in its entirety and replacing it with the following:

10.7 Deals having Affiliates. Other than with respect to a Permitted Affiliate Transaction, Seller shall not, directly or indirectly, enter into any transaction with its Affiliates, without the prior written consent of Buyer, including, without limitation, (a) transferring, selling, pledging, assigning or otherwise disposing of any of its assets to or on behalf of an Affiliate, (b) purchasing or acquiring assets from an Affiliate, or (c) paying management fees to or on behalf of an Affiliate; provided, however, that Seller may, without the