Particular Recognized Pointers Might have been Omitted Regarding the Exhibit Because Is actually Not Material And Would likely Lead to Competitive Problems for The newest REGISTRANT In the event the In public Shared. [***] Demonstrates that Recommendations Has been REDACTED.

Amendment No. 8 to Learn Repurchase Arrangement, dated as of endment?), by and between Bank of America, N.A. (?Consumer?) and Caliber Home Loans, Inc. (?Seller?).

Credit Organization

Buyer and Seller are parties to that certain Master Repurchase Agreement, dated as of ended, restated, supplemented or otherwise modified from time to time, the ?Present Master Repurchase Contract?; and as further amended by this Amendment, the ?Master Repurchase Agreement?).

Client and you can Provider enjoys concurred, subject to the fresh small print with the Amendment, that Existing Master Repurchase Arrangement be revised in order to reflect particular decideded upon news to your terms of the existing Grasp Repurchase Agreement.

Accordingly, Customer and you can Merchant hereby consent, in idea of common pledges and you will common personal debt set forth herein, that Established Master Repurchase Agreement are hereby revised as follows:

SECTION 1. Recognized Payees. Section 3.7 of the Existing Master Repurchase Agreement is hereby amended by deleting subsection (b) in its entirety and replacing it with the following:

Factory Loan providers

(b) . To ensure that a factory bank that give financial support according from a good Correspondent Mortgage to be appointed a prescription Payee with regards to people Cost, Provider shall yield to Client a created consult, for instance the term and address of the factory lender, indicating a need for such as designation. Notwithstanding the foregoing, Buyer reserves the ability to refuse to employ instance factory bank since an approved Payee, or, as an alternative, to need a lot more small print in order that Visitors to help you pay a purchase price to such as for instance warehouse lender.

4.14 Option Speed. If prior to any Payment Date, Buyer determines in its sole discretion that, by reason of circumstances affecting the relevant market, adequate and reasonable means do not exist for ascertaining One-Month LIBOR, One-Month LIBOR is no longer in existence, or the administrator of One-Month LIBOR or a Governmental Authority having jurisdiction over Buyer has made a public statement identifying a specific date after which One-Month LIBOR shall no longer be made available or used for determining the interest rate of loans (such specific date, the ?Booked Unavailability Big date?), Buyer shall give prompt notice thereof to Seller. In addition, upon such time as Buyer chooses in good faith an alternative benchmark rate (including any mathematical or other adjustments to the benchmark rate (if any) incorporated therein and any proposed Replacement Rates Conforming Changes, as determined by Buyer and consistent with the benchmark rate of similarly situated counterparties with similar assets in similar facilities) (such rate, a ?Successor Rate?) to succeed One-Month LIBOR, Buyer shall give prompt notice thereof to Seller, and the Applicable Pricing Rate shall be such Successor Rate from the date specified in such notice until such notice has been withdrawn by Buyer.

(g) . The only credit facilities, including repurchase agreements for mortgage loans and mortgage-backed securities, of Seller that are presently in effect and Coffee Springs AL bad credit loan are secured by mortgage loans or provide for the purchase, repurchase or early funding of mortgage loan sales, are either (i) with Persons disclosed to Buyer at the time of application, or thereafter disclosed on the monthly compliance certificate, and, if required by Buyer, such Persons have executed and delivered an Intercreditor Agreement (or will execute and deliver an Intercreditor Agreement within sixty (60) days following the Effective Date in accordance with Section seven.3) or (ii) warehouse lenders that provide financing in respect of a Correspondent Mortgage Loan that are Approved Payees.