Form Mkt300-Rms-Marketing Collateral Agreement-Reverse Mortgage Solutions Form printable pdf download

Reverse Mortgage Solutions, Inc.

MARKETING COLLATERAL AGREEMENT

This Collateral Agreement ("Agreement") is dated _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ by and between Reverse Mortgage

S olutions, Inc. ("RMS") and ___________________________________________________ ("Partner").

1. Background Facts. Partner desires to utilize offered RMS Collateral to generate reverse mortgage

originations. RMS desires to process, underwrite, prepare loan documents, and fund reverse mortgage

loans submitted by Partner, as the case may be.

2. Collateral. Collateral means any RMS reverse mortgage marketing materials issued to Partner pursuant

to the Partner Program. Collateral is provided on a general use basis for mortgage professionals only.

3. Permissible Use. Collateral may only be used to advertise the reverse mortgage product to Partner's

customers pursuant to its Partner agreement with RMS.

4. Modification/Updates by RMS. RMS may update or modify the Collateral materials when necessary to

comply with program changes and/or new laws and regulations. Once Collateral updates are made

available to Partner, all previous Collateral versions shall be discontinued by Partner.

5. Modifications by Partner. Partner shall not change or modify the Collateral in any manner or form which

would create a liability or reference to RMS. RMS shall not be responsible for alterations, changes or

updates provided by the Partner when accessing the unlocked areas of the collateral document. Partner

is responsible for including any necessary state and/or federal advertising disclosures in the unlocked

area of the Collateral. Partner will only disseminate Collateral in states in which it is properly registered

or licensed to offer the reverse mortgage product.

6. Hold Harmless. Partner holds RMS harmless from errors, omissions or the results of the Collateral now

and in the future, and shall use/implement the Collateral for Partner's sole use. The Collateral is provided

"as is".

7. Representations and Warranties. The Collateral is provided as a courtesy only and no representations

and warrants are made as to its effectiveness, compliance, content or appropriateness for the use

intended by the Partner. No reference to RMS or any specific RMS process is intended or implied and

may not be added to the Collateral.

8. Review by Partner's Counsel. Prior to use, reproduction or implementation, Partner shall engage

Counsel of its choice to review and provide an opinion to Partner Management as to legal and program

compliance in addition to Partner's ability to provide the Collateral as a resource to Partner company

employees.

MKT300- RMS Marketing Collateral Agreement 12182013

Form Mkt300-Rms-Marketing Collateral Agreement-Reverse Mortgage Solutions Form