This Mortgage and you can Coverage Contract (as the exact same concluded, changed, restated otherwise formulated periodically, so it
This Mortgage and you can Coverage Contract (as the exact same concluded, changed, restated otherwise formulated periodically, so it Agreement) is made as of ong PENNYMAC LOAN SERVICES, LLC, as lender (the Financial) and PENNYMAC HOLDINGS, LLC, as borrower (the Debtor). WHEREAS, in order to finance Portfolio Excess Spread (as defined below) owned by Borrower …