That it Financing and you will Coverage Arrangement (given that same finished, changed, restated otherwise supplemented sometimes, which
That it Financing and you will Coverage Arrangement (given that same finished, changed, restated otherwise supplemented sometimes, which Agreement) is made as of ong PENNYMAC LOAN SERVICES, LLC, as lender (the Lender) and PENNYMAC HOLDINGS, LLC, as borrower (the Debtor). WHEREAS, in order to finance Portfolio Excess Spread (as defined below) owned by Borrower from …