Whole Loan Transfer definition

Whole Loan Transfer. Any sale or transfer of some or all of the Mortgage Loans, other than a Securitization Transaction.

Whole Loan Transfer. Any sale or transfer of some or all of the Mortgage Loans by the Purchaser to a third party, which sale or transfer is not a Pass-Through Transfer.

Whole Loan Transfer. The sale or transfer by Purchaser of some or all of the Mortgage Loans in a whole loan or participation format pursuant to a Reconstitution Agreement.

Examples of Whole Loan Transfer in a sentence

• All of the Loans, including those Loans that are subject to a Securitization Transaction or a Whole Loan Transfer, shall continue to be subject to this Agreement, and with respect thereto, this Agreement shall remain in full force and effect.

• The Seller and the Purchaser agree that with respect to any Mortgage Loan Package, the Purchaser may effect no more than three (3) Whole Loan Transfers and/or Pass-Through Transfers; provided, however, the Purchaser agrees to use commercially reasonable efforts not to effect a Whole Loan Transfer or a Pass- Through Transfer if the aggregate outstanding principal balance of the Mortgage Loans subject to such Whole Loan Transfer or Pass-Through Transfer is less than $10,000,000.

• Reconstitution: Any Securitization Transaction or a Whole Loan Transfer.

• The Seller shall cooperate with the Purchaser in connection with any Whole Loan Transfer contemplated by the Purchaser pursuant to this Section.

• In no event shall the Seller service, or bear any obligation for the servicing of, any Mortgage Loan into any Securitization Transaction, Whole Loan Transfer, or in connection with the reconstitution of any Mortgage Loan.

More Definitions of Whole Loan Transfer

Whole Loan Transfer. The sale or transfer of some or all of the Mortgage Loans to a third party purchaser in a whole loan transaction pursuant to a seller's warranties and servicing agreement or a participation and servicing agreement, retaining the Servicer as "servicer" thereunder.

Whole Loan Transfer. As defined in Section 11.01(a)(i).

Whole Loan Transfer. The sale or transfer of some or all of the ownership interest in the Mortgage Loans by the Owner to one or more third parties in whole loan or participation format, which third party may be Xxxxxx Xxx or Xxxxxxx Mac.

Whole Loan Transfer. Any sale or transfer of all of the Mortgage Loans by the Initial Owner to a third party.

Whole Loan Transfer. Any sale or transfer of some or all of the Mortgage Loans by the Purchaser to a third party which sale or transfer is not a Securitization Transfer, Fannie Mae Transfer or a Freddie Mac Transfer.

Whole Loan Transfer. Any sale or transfer of some or all of the Mortgage Loans by the Owner to a third party, which sale or transfer is not a Pass-Through Transfer. Capitalized terms which are used herein but not otherwise defined shall have the meaning provided in the Purchase Agreement except to the extent that the context indicates otherwise.

Whole Loan Transfer. Any sale or transfer of some or all of the Mortgage Loans, other than a Securitization Transaction. ARTICLE II COMPLIANCE WITH REGULATION AB