Certain Identified Guidance Could have been Excluded Throughout the Display Because Is both Maybe not Matter And Would probably Result in Aggressive Harm to The new REGISTRANT In the event the In public areas Disclosed. [***] Shows that Guidance Might have been REDACTED.

Amendment No. 8 to Grasp Repurchase Agreement, dated as of endment?), by and between Bank of America, N.A. (?Client?) and Caliber Home Loans, Inc. (?Merchant?).

Borrowing Institution

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 ?Current Master Repurchase Agreement?; and as further amended by this Amendment, the ?Master Repurchase Agreement?).

Client and you will Merchant features conformed, at the mercy of the conditions and terms associated with Modification, your Current Grasp Repurchase Agreement end up being amended to help you reflect specific decideded upon changes with the regards to the existing Master Repurchase Arrangement.

Consequently, Buyer and you will Vendor hereby consent, into the consideration of your common guarantees and you may common personal debt set forth herein, that the Current Master Repurchase Agreement are hereby amended below:

SECTION 1. Acknowledged 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:

Warehouse Loan providers

(b) . In order that a facility bank giving capital according out-of a great Correspondent Mortgage loan become appointed a medication Payee with regards to any Purchase price, Seller will yield to Visitors an authored consult, for instance the title and you may address of facility lender, demonstrating an incredible importance of including designation. Notwithstanding the foregoing, Client reserves the authority to refuse to specify such as for example factory lender because a prescription Payee, otherwise, instead, to require additional terms and conditions so that Client in order to spend a cost so you can such as for example warehouse lender.

4.14 Solution Rates. If prior to Wyoming loans 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 ?Arranged Unavailability 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 Successor Price 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 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 7.step 3) or (ii) warehouse lenders that provide financing in respect of a Correspondent Mortgage Loan that are Approved Payees.