Participation Interest. An undivided beneficial interest, represented by a certificate or other written document or book entry, in one or more mortgage loans, each secured by a lien on one or more one- to four-unit residential dwellings, cooperative shares in a residential dwelling or one or more units of manufactured housing.
Appears in 7 contracts
Samples: Federal National Mortgage Association, Master Trust Agreement, Master Trust Agreement
Participation Interest. An undivided beneficial interest, represented by a certificate or other written document or book entry, in one or more mortgage loans, each secured by a lien on one or more one- to four-unit residential dwellings, cooperative shares in a residential dwelling or one or more units of manufactured housingMultifamily Properties.
Appears in 3 contracts
Samples: Multifamily Master Trust Agreement, Multifamily Master Trust Agreement, Federal National Mortgage Association
