EXHIBIT 10.22.3
AMENDMENT NUMBER TWO
to the
Mortgage Loan Purchase and Sale Agreement
dated as of January 1, 2004,
by and between
GREENWICH CAPITAL FINANCIAL PRODUCTS, INC.
and
AMERICAN HOME MORTGAGE CORP., and
AMERICAN HOME MORTGAGE
SERVICING, INC. (f/k/a Columbia National,
Incorporated)
This AMENDMENT NUMBER TWO is made this 28th day of September,
2005,
by and between GREENWICH CAPITAL FINANCIAL PRODUCTS, INC., having
an address at
600 Steamboat Road, Greenwich, Connecticut 06830 (the "Purchaser")
and AMERICAN
HOME MORTGAGE CORP. and AMERICAN HOME MORTGAGE SERVICING, INC. (fka
Columbia
National, Incorporated), each having an address at 538 Broadhollow
Road,
Melville, New York 11747 (collectively, the "Sellers"), to the
Mortgage Loan
Purchase and Sale Agreement, dated as of January 1, 2004, by and
between the
Purchaser and the Sellers (the "Agreement"). Capitalized terms used
but not
otherwise defined herein shall have the meanings assigned to such
terms in the
Agreement.
RECITALS
WHEREAS, the Purchaser and the Sellers desire to amend the
Agreement, subject to the terms hereof, to permit the Sellers to
offer for
purchase to the Purchaser certain mortgage loans for which all of
the mortgage
loan documents relating to such mortgage loans may not have been
delivered to
the Purchaser or its designee at the time the Purchaser intends to
purchase such
mortgage loans from the Seller.
NOW THEREFORE, for good and valuable consideration, the receipt
and
sufficiency of which is hereby acknowledged, and of the mutual
covenants herein
contained, the parties hereto hereby agree as follows:
1.
Effective as of September 28, 2005, all references in the Agreement
to
a "Trust Receipt" shall be replaced with "Trust Receipt or Wet
Trust Receipt, as
applicable".
2.
Effective as of September 28, 2005, Section 1 of the Agreement
is
hereby amended as follows:
(a) the
definition of Defective Mortgage Loan is hereby deleted in
its
entirety and replaced with the following:
<PAGE>
"Defective Mortgage Loan": With respect to any Mortgage Loan,
either
(i) the Document File does not contain a document required to
be
contained therein, (ii) a document within a Document File is, in
the
reasonable judgment of Purchaser or Takeout Investor, defective
or
inaccurate in any material respect, as determined upon evaluation
of
the Document File against the requirements of the Sale
Agreement,(iii) a document in the Document File is not legal,
valid
and binding, (iv) as to such Mortgage Loan, one of the
representations and warranties in Section 9 hereof has been
breached
and such breach materially and adversely affects the value of
such
Mort
