Lehman Brothers Holdings Inc. Sells Mortgage Loans to Structured Asset Securities Corporation
ByAinvest
Wednesday, Dec 17, 2025 11:21 pm ET1min read
Lehman Brothers Holdings Inc. and Structured Asset Securities Corporation entered into a Mortgage Loan Sale and Assignment Agreement on May 1, 2004. The agreement involves the sale of mortgage loans, with the seller conveying the loans to the purchaser, and the purchaser assigning its rights to the mortgage loans to third parties. The agreement includes provisions for the delivery of documents, review of documentation, representations and warranties of the seller, and grant clause. The agreement is binding and governed by law, with provisions for amendment, severability, indulgences, and headings not affecting interpretation.
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