Long Beach Mortgage Company definition

Long Beach Mortgage Company agrees with the records of the Seller;
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Long Beach Mortgage Company. By: As authorized officer for Long Beach Mortgage Company Name: Xxxxx Xxxxx Title: Vice President On behalf of LBSC, I hereby agree to, accept and confirm the terms of the foregoing as of the date first above written. LONG BEACH SECURITIES CORP. By: As authorized officer for Long Beach Securities Corp. Name: Xxxxx Xxxxx Title: Authorized Signatory On behalf of Deutsche Bank National Trust Company, not individually but solely as Trustee (the “Trustee”) under the Pooling and Servicing Agreement dated 01 January 2005 among Long Beach Securities Corp., as Depositor, Long Beach Mortgage Company, as Master Servicer, and the Trustee on behalf of Long Beach Mortgage Loan Trust 2005-1, I hereby agree to, accept and confirm the terms of the foregoing as of the date first above written. Deutsche Bank National Trust Company, not individually but solely as Trustee (the “Trustee”) under the Pooling and Servicing Agreement dated 01 JANUARY 2005 among Long Beach Securities Corp., as Depositor, Long Beach Mortgage Company, as Master Servicer, and the Trustee on behalf of Long Beach Mortgage Loan Trust 2005-1 By: Name: Title: By: Name: Title: Exhibit A Exhibit B Exhibit C EXHIBIT C FORM OF MORTGAGE LOAN PURCHASE AGREEMENT MORTGAGE LOAN PURCHASE AGREEMENT This is a Mortgage Loan Purchase Agreement (the “Agreement”), dated January 3, 2005, between Long Beach Securities Corp., a Delaware corporation (the “Purchaser”) and Long Beach Mortgage Company, a Delaware corporation (the “Seller”).
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Long Beach Mortgage Company. ("Long Beach") and Option One Mortgage Corporation ("Option One") as Servicers (the "Servicers") and The Bank of New York, as trustee (the "Trustee"). The Certificates will evidence fractional undivided interests in the trust (the "Trust"). The assets of the Trust will initially include, among other things, a pool of fixed and adjustable rate Mortgage Loans (the "Initial Mortgage Loans") and such amounts as may be held by the Trustee in the Pre-Funding Account (the "Pre-Funding Account"), the Capitalized Interest Account (the "Capitalized Interest Account") and any other accounts held by the Trustee for the Trust. The Initial Mortgage Loans will be acquired, in part, from the various Originators pursuant to the various "Transfer Agreements" as such term is defined in the Pooling and Servicing Agreement. On the Closing Date, approximately $137,300,000 will be deposited by the Depositor in the name of the Trustee in the Pre-Funding Account from the sale of the Certificates. It is intended that additional Mortgage Loans satisfying the criteria specified in the Pooling and Servicing Agreement (the "Subsequent Mortgage Loans") will be purchased by the Trust for inclusion in the Trust from the Depositor from time to time on or before October 31, 1997 from funds on deposit in the Pre-Funding Account at the time of execution and delivery of each Subsequent Transfer Agreement ("Subsequent Transfer Agreement"). Funds in the Capitalized Interest Account will be applied by the Trustee to cover shortfalls in interest during the Funding Period. The Certificates will initially represent an undivided ownership interest in the sum of (i) a pool of Initial Mortgage Loans in an amount of $812,653,659.64 as of the close of business on September 1, 1997 (the "Cut-Off Date") and (ii) approximately $137,300,000 on deposit in the Pre-Funding Account. A form of the Pooling and Servicing Agreement has been filed as an exhibit to the Registration Statement (hereinafter defined). The Offered Certificates are more fully described in a Registration Statement which the Depositor has furnished to the Underwriters. Capitalized terms used but not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement.
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Examples of Long Beach Mortgage Company in a sentence

  • COUNTY OF __________________ ) This instrument was acknowledged before me on ______________________, 200___, by _____________________ as _________________________ of Long Beach Mortgage Company.

  • The Trust was created pursuant to a Pooling and Servicing Agreement dated as of March 1, 2006 (the “Agreement”) among the Depositor, Long Beach Mortgage Company, as master servicer (the “Master Servicer”) and Deutsche Bank National Trust Company, as trustee (the “Trustee”).

  • The Trust was created pursuant to a Pooling and Servicing Agreement dated as of January 1, 2005 (the “Agreement”) among the Depositor, Long Beach Mortgage Company, as master servicer (the “Master Servicer”) and Deutsche Bank National Trust Company, as trustee (the “Trustee”).

  • U.S.A., as a Servicer, Long Beach Mortgage Company, as a Servicer and Option One Mortgage Corporation, as a Servicer (collectively, the "Servicers") and The Bank of New York, in its capacity as the Trustee (the "Trustee"), to which Pooling and Servicing Agreement the Owner of this Certificate by virtue of acceptance hereof assents and by which such Owner is bound.

  • The Trust was created pursuant to a Pooling and Servicing Agreement dated as of June 1, 2004 (the "Agreement") among the Depositor, Long Beach Mortgage Company, as master servicer (the "Master Servicer") and Deutsche Bank National Trust Company, as trustee (the "Trustee").

  • Seven Xxxxx Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Norwest Bank Minnesota, National Association 00000 Xxxxxx Xxxx Xxxxxxx Xxxxxxxx, Xxxxxxxx 00000-0000 Attention: Corporate Trust Administration Long Beach Mortgage Company 0000 Xxxx & Xxxxxxx Xxxx Xxxxxx, Xxxxxxxxxx 00000 Re: Salomon Brothers Mortgage Securities VII, Inc.

  • Executive acknowledges that all compensation and benefits of any nature due to Executive from the Company's predecessor, Long Beach Mortgage Company, and its affiliates (collectively "Old Long Beach"), have been paid in full and Executive waives any and all claims relating thereto for the benefit of Old Long Beach and the Company.

  • Capitalized terms used but not defined herein shall have the meanings assigned to them in the Pooling and Servicing Agreement dated as of January 1, 2006 (the “Pooling and Servicing Agreement”) by and among Long Beach Mortgage Company, as master servicer (the “Master Servicer”) and as seller, Long Beach Securities Corp., as depositor, and the Trustee, as trustee.

  • The Trust was created pursuant to a Pooling and Servicing Agreement dated as of May 1, 2006 (the “Agreement”) among the Depositor, Long Beach Mortgage Company, as master servicer (the “Master Servicer”) and Deutsche Bank National Trust Company, as trustee (the “Trustee”).

  • Xxxxxxxx, known to me to be a Vice President of Long Beach Mortgage Company, one of the corporations that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.


More Definitions of Long Beach Mortgage Company

Long Beach Mortgage Company. ("Long Beach") or any successor servicer appointed as herein provided, in its capacity as Servicer hereunder.
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Related to Long Beach Mortgage Company

  • Mortgage Group Either of Group One or Group Two.

  • Keystone means Keystone Underwriting Pty Ltd ABN 78 601 944 763 as Corporate Authorised Representative (No. 000468712) of Keystone Underwriting Australia Pty Ltd ABN 59 634 715 674 AFSL 518224 which is acting on behalf of Underwriters.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • Residential mortgage loan means any loan primarily for

  • Campus means any place where the college conducts or sponsors educational, public service, or research activities.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Mortgage Insurer means CMHC, Genworth Financial Insurance Company Canada, or any other company that insures the payment of mortgages to mortgage lenders.