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This Mortgage and Safeguards Arrangement (as the same finished, altered, restated otherwise formulated sometimes, this Agreement) is made as of ong PENNYMAC LOAN SERVICES, LLC, as lender (the Lender) and PENNYMAC HOLDINGS, LLC, as borrower (the Borrower). WHEREAS, in order to finance Portfolio Excess Spread (as defined below) owned by Borrower from time to time, […]
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