Mortgage Loan Purchase And Sale Agreement Template for Philippines

1. Interim Servicing: Used when the Seller will continue servicing the loans for a transition period post-sale

2. Post-Closing Covenants: Used when parties need ongoing obligations after closing, such as document delivery or customer notifications

3. Security Interest: Used when additional security arrangements are required for any deferred payment portions

4. Tax Matters: Used when specific tax allocation or treatment needs to be addressed between parties

5. Data Protection: Used when transfer involves significant personal data requiring specific compliance measures under Philippine Data Privacy Act

6. Third Party Consents: Used when specific third-party approvals are required for the transfer

7. Foreign Exchange Provisions: Used when the transaction involves non-Philippine peso denominated loans or payments

1. Schedule 1 - Mortgage Loan Schedule: Detailed list of all mortgage loans being sold, including key characteristics and current balances

2. Schedule 2 - Loan Documents: List of required documentation for each mortgage loan being transferred

3. Schedule 3 - Form of Transfer Documents: Templates for assignment and transfer documents required under Philippine law

4. Schedule 4 - Seller's Power of Attorney: Form of power of attorney for post-closing actions by Seller

5. Schedule 5 - Required Consents: List of required regulatory and third-party consents

6. Appendix A - Eligibility Criteria: Detailed criteria that each mortgage loan must meet

7. Appendix B - Due Diligence Findings: Summary of due diligence results and any identified issues

8. Appendix C - Servicing Transfer Requirements: Detailed procedures for transferring loan servicing responsibilities