Common use of CALCULATION OF LOSS FOR SHORT SALE LOANS Clause in Contracts

CALCULATION OF LOSS FOR SHORT SALE LOANS. Short Sale after a Covered Loan Mod 1 Shared-Loss Month: 20090531 3 Interest paid-to-date 20080930 4 Short Payoff Date 20090402 5 Note Interest rate 0.07500 9 Valuation Date 20090121 10 Valuation Amount 230000 11 Valuation Type (Interior/exterior appraisal, BPO, AVM, etc) Ext Appraisal Short-Sale Loss calculation 15 NPV of projected cash flows at first loan mod 311000 16 Less: Post modification principal payments 1000 Plus:

Appears in 6 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement

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CALCULATION OF LOSS FOR SHORT SALE LOANS. Short Sale after a Covered Loan Mod 1 Shared-Loss Month: 20090531 3 Interest paid-to-date 20080930 4 Short Payoff Date 20090402 5 Note Interest rate 0.07500 9 Valuation Date 20090121 10 Valuation Amount 230000 11 Valuation Type (Interior/exterior appraisal, BPO, AVM, etc) Ext Appraisal Short-Sale Loss calculation 15 NPV of projected cash flows at first loan mod 311000 16 Less: Post modification principal payments 1000 Plus:

Appears in 3 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement

CALCULATION OF LOSS FOR SHORT SALE LOANS. Short Sale after a Covered Loan Mod 1 Shared-Loss Month: 20090531 3 Interest paid-to-date 20080930 4 Short Payoff Date 20090402 5 Note Interest rate 0.07500 9 Valuation Date 20090121 10 Valuation Amount 230000 Ext 11 Valuation Type (Interior/exterior appraisal, BPO, AVM, etc) Ext Appraisal Short-Sale Loss calculation 15 NPV of projected cash flows at first loan mod 311000 16 Less: Post modification principal payments 1000 Plus:

Appears in 2 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement

CALCULATION OF LOSS FOR SHORT SALE LOANS. Short Sale after a Covered Loan Mod 1 Shared-Loss Month: 20090531 2 Loan # 20076 3 Interest paid-to-date 20080930 4 Short Payoff Date 20090402 5 Note Interest rate 0.07500 9 Valuation Date 20090121 10 Valuation Amount 230000 Ext 11 Valuation Type (Interior/exterior appraisal, BPO, AVM, etc) Ext Appraisal Short-Sale Loss calculation 15 NPV of projected cash flows at first loan mod 311000 16 Less: Post modification principal payments 1000 Plus:

Appears in 2 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement

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CALCULATION OF LOSS FOR SHORT SALE LOANS. Short Sale after a Covered Loan Mod 1 Shared-Loss Month: 20090531 2 Loan # 20076 3 Interest paid-to-date 20080930 4 Short Payoff Date 20090402 5 Note Interest rate 0.07500 9 Valuation Date 20090121 10 Valuation Amount 230000 11 Valuation Type (Interior/exterior appraisal, BPO, AVM, etc) Ext Appraisal Short-Sale Loss calculation 15 NPV of projected cash flows at first loan mod 311000 16 Less: Post modification principal payments 1000 Plus:

Appears in 1 contract

Samples: Purchase and Assumption Agreement

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