Wet-Ink Mortgage Loan definition

Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.
Wet-Ink Mortgage Loan means a Mortgage Loan which Seller is selling to Buyer simultaneously with the origination thereof.
Wet-Ink Mortgage Loan means a Mortgage Loan for which a Mortgage File has not been delivered to the Custodian.

Examples of Wet-Ink Mortgage Loan in a sentence

  • On the Notice Date, Sellers shall (i) request that Buyer enter into a Transaction by furnishing to Buyer a Transaction Request, (ii) deliver to Buyer and Custodian a Mortgage Loan Schedule and (iii) deliver to Custodian a Request for Certification and each Mortgage File or Wet-Ink Documents for each Wet-Ink Mortgage Loan in accordance with Section 10(b)(3) and otherwise comply with the procedures set forth herein.

  • If a Wet-Ink Mortgage Loan subject to a Transaction is not closed on the same day on which the Purchase Price was funded, the applicable Seller shall promptly return, or cause to be immediately returned (but in any event within one (1) Business Day of any Seller's or Guarantor’s knowledge or receipt of notice of such non-closure) the Purchase Price with respect to such Wet-Ink Mortgage Loan by wire transfer of immediately available funds in accordance with Buyer's wire instructions set forth on Exhibit E.

  • With respect to each Wet-Ink Mortgage Loan, the Wet-Ink Documents have been delivered to Buyer or Custodian, as the case may be, by 3:00 p.m. (New York City time) on the Purchase Date.

  • Dr Murphy also wishes to express her particular thanks to Majella Darcy, Michelle O’Riordan, Aoife Dineen, and Rachel Gallagher at Dublin Simon Community for their kind facilitationand commitment to this study.

  • With respect to each Wet-Ink Mortgage Loan, by no later than the Wet-Ink Delivery Date, Seller shall cause the related Settlement Agent to deliver to the Custodian the remaining documents in the Mortgage File, as more particularly set forth in the Custodial Agreement.


More Definitions of Wet-Ink Mortgage Loan

Wet-Ink Mortgage Loan means a Mortgage Loan (other than a GNMA EBO) which Seller is selling to Administrative Agent for the benefit of a Buyer simultaneously with the origination thereof.
Wet-Ink Mortgage Loan means an Eligible Asset which is sold to Buyer simultaneously with the origination thereof by Seller, which origination is in accordance with the Underwriting Guidelines and is funded in part or in whole with proceeds of the sale of the Eligible Asset to Buyer advanced directly to a Settlement Agent.
Wet-Ink Mortgage Loan means a Mortgage Loan originated by any Borrower in a transaction table-funded by a Lender, which origination or table funding is financed in part or in whole with proceeds of Loans and as to which the Custodian has not yet received the related Mortgage File. A Mortgage Loan shall cease to be a Wet-Ink Mortgage Loan on the date on which the Agent has received a Mortgage Loan Schedule and Exception Report from the Custodian with respect to such Mortgage Loan confirming that the Custodian has physical possession of the related Mortgage File and that there are no Exceptions (as defined in the Custodial Agreement) with respect to such Mortgage Loan.
Wet-Ink Mortgage Loan means a Mortgage Loan (other than a Jumbo Mortgage Loan) that Seller is selling to Barclays simultaneously with the origination thereof that is funded as part, either directly or indirectly, with the Purchase Price paid by Barclays hereunder and prior to receipt by Barclays or its Custodian of the original Mortgage Note.
Wet-Ink Mortgage Loan means a Mortgage Loan originated by the Seller in a transaction table-funded by the Buyer, which origination or table funding is financed in part or in whole with proceeds of Transactions and as to which the Custodian has not yet received the related Mortgage File. A Mortgage Loan shall cease to be a Wet-Ink Mortgage Loan on the date on which the Agent has received a Mortgage Loan Schedule and Exception Report from the Custodian with respect to such Mortgage Loan confirming that the Custodian has physical possession of the related Mortgage File (as defined in the Custodial Agreement) and that there are no Exceptions (as defined in the Custodial Agreement) with respect to such Mortgage Loan. No Mortgage Loan that is table-funded by Seller or any third party shall be eligible as a Wet-Ink Mortgage Loan under this Repurchase Agreement.
Wet-Ink Mortgage Loan means a New Origination Mortgage Loan which a Seller is selling to Administrative Agent for the benefit of a Buyer simultaneously with the origination thereof.
Wet-Ink Mortgage Loan means a Transaction Mortgage Loan which is being made subject to a Transaction simultaneously with the origination thereof.