Common use of REO Clause in Contracts

REO. A Mortgaged Property that is acquired by the Trust in foreclosure or by deed in lieu of foreclosure.

Appears in 7 contracts

Sources: Pooling and Servicing Agreement (Indymac Abs Inc), Pooling and Servicing Agreement (Banc One Abs Corp), Pooling and Servicing Agreement (Banc One Abs Corp)

REO. A Mortgaged Property that is acquired by the Trust in Owner/Servicer or Investor by foreclosure or by deed in lieu of foreclosureother process.

Appears in 1 contract

Sources: Subservicing Agreement (loanDepot, Inc.)

REO. A Mortgaged Property that is acquired by the Trust in foreclosure or by deed in lieu of foreclosure.foreclosure in connection with a defaulted Mortgage Loan

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Greenpoint Mortgage Securities Inc/)

REO. A Mortgaged Property that is acquired by the Trust Issuer in foreclosure or by deed in lieu of foreclosure.

Appears in 1 contract

Sources: Indenture (Provident Bank)

REO. A Mortgaged Property that is acquired by the Trust in a foreclosure or by grant of deed in lieu of foreclosure.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Household Mortgage Loan Trust 2003-Hc2)