60 Days Delinquent definition

60 Days Delinquent. A Mortgage Loan shall be deemed to be "60 Days Delinquent" if it is 60 days or greater delinquent in payment of a scheduled Monthly Payment (including Mortgage Loans that are subject to bankruptcy or currently in foreclosure, and any REO Properties) as of a date of determination.
60 Days Delinquent has the meaning assigned to such term in the Pricing Side Letter.
60 Days Delinquent. Any Mortgage Loan as to which any Monthly Payment, or part thereof, remains unpaid for sixty (60) days or more (but not more than eighty-nine (89) days) following the Due Date on which such Mortgage Loan first became delinquent using the MBA Method of Delinquency.

Examples of 60 Days Delinquent in a sentence

  • Delinquencies 31 - 60 Days Delinquent$ 46,187,344.0561 - 90 Days Delinquent$ 18,143,262.9290+ Days Delinquent$ 39,134,337.23Total 30+ Days Delinquent$ 103,464,944.20TRANSFEROR AMOUNT 2.

  • You need to provide information about the child(ren)’s habitual residence in England or Wales.

  • Delinquent Balances (a) 1-29 Days Delinquent $30,419,000.00 % Of Receivables 5.632987% (b) 30-59 Days Delinquent $11,548,000.00 % Of Receivables 2.138457% (c) 60+ Days Delinquent $7,162,000.00 % Of Receivables 1.326258% 3.

  • Driving foot traffic to retail spaces has always been a challenge; however, loyalty programsseemtobeaneffectivewaytobringreturncustomersbacktothestores.

  • Delinquent Balances (a) 1-29 Days Delinquent $27,008,000.00 % Of Receivables 4.028385% (b) 30-59 Days Delinquent $10,000,000.00 % Of Receivables 1.491553% (c) 60+ Days Delinquent $5,292,000.00 % Of Receivables 0.789330% 3.

  • Delinquencies 31 - 60 Days Delinquent$ 48,823,817.7661 - 90 Days Delinquent$ 16,795,455.7890+ Days Delinquent$ 40,584,671.65Total 30+ Days Delinquent$ 106,203,945.19TRANSFEROR AMOUNT 1.

  • Delinquent Balances (a) 1-29 Days Delinquent $29,757,000.00 % Of Receivables 5.111920% (b) 30-59 Days Delinquent $10,756,000.00 % Of Receivables 1.847761% (c) 60+ Days Delinquent $7,135,000.00 % Of Receivables 1.225713% 3.

  • Delinquent Balances (a) 1-29 Days Delinquent $32,307,000.00 % Of Receivables 5.163078% (b) 30-59 Days Delinquent $11,115,000.00 % Of Receivables 1.776321% (c) 60+ Days Delinquent $5,845,000.00 % Of Receivables 0.934107% 3.

  • Delinquent Balances (a) 1-29 Days Delinquent $20,353,000.00 % Of Receivables 0.02841645 (b) 30-59 Days Delinquent $7,643,000.00 % Of Receivables 0.010671003 (c) 60+ Days Delinquent $5,676,000.00 % Of Receivables 0.007924717 3.

  • Delinquencies 31 - 60 Days Delinquent$ 49,935,234.8661 - 90 Days Delinquent$ 17,137,481.0090+ Days Delinquent$ 37,196,614.55Total 30+ Days Delinquent$ 104,269,330.41TRANSFEROR AMOUNT 1.

Related to 60 Days Delinquent

  • Delinquent A Mortgage Loan is "delinquent" if any payment due thereon is not made pursuant to the terms of such Mortgage Loan by the close of business on the day such payment is scheduled to be due. A Mortgage Loan is "30 days delinquent" if such payment has not been received by the close of business on the corresponding day of the month immediately succeeding the month in which such payment was due, or, if there is no such corresponding day (e.g., as when a 30-day month follows a 31-day month in which a payment was due on the 31st day of such month), then on the last day of such immediately succeeding month. Similarly for "60 days delinquent," "90 days delinquent" and so on.

  • Delinquent child means a child who has committed a delinquent act or an adult who has committed

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • Delinquent Receivable means any Receivable that is not a Liquidated Receivable and which the related Obligor fails to make at least 90% of the related Scheduled Receivables Payment by the date on which it is due and remains unpaid for more than sixty (60) days from the original payment due date.

  • Delinquent debt means any liquidated sum due and owing any claimant agency, or any restitution

  • 60+ Day Delinquent Mortgage Loan (i) Each Mortgage Loan with respect to which any portion of a Scheduled Payment is, as of the last day of the prior Due Period, two months or more past due (without giving effect to any grace period), including, without limitation, such Mortgage Loans that are subject to bankruptcy proceedings, (ii) each Mortgage Loan in foreclosure and (iii) all REO Property.

  • Delinquency means any payment under an order for support which becomes due and remains unpaid;

  • 60+ Day Delinquent Loan Each Mortgage Loan (including each Mortgage Loan in foreclosure and each Mortgage Loan for which the Mortgagor has filed for bankruptcy after the Closing Date) with respect to which any portion of a Monthly Payment is, as of the last day of the prior Collection Period, two months or more past due and each Mortgage Loan relating to an REO Property.

  • Delinquent Mortgage Loan The meaning ascribed thereto in Section 11.02.

  • Delinquent Loan A Mortgage Loan that is delinquent at least sixty (60) days in respect of its Monthly Payments or Balloon Payment, if any, in either case such delinquency to be determined without giving effect to any Grace Period.

  • Delinquency proceeding means a proceeding instituted against an insurer for the purpose of liquidating, rehabilitating, reorganizing or conserving the insurer, and a summary proceeding under section 507C.9 or 507C.10. “Formal delinquency proceeding” means any liquidation or rehabilitation proceeding.

  • Delinquent Loans means loans where the borrowers have failed to make scheduled mortgage payments under the terms of the mortgage and where the cumulative amount of mortgage payments missed exceeds the scheduled payments due in a three-month period.

  • Day Delinquent Mortgage Loan Each Mortgage Loan with respect to which any portion of a Scheduled Payment is, as of the last day of the prior Due Period, three months or more past due (without giving effect to any grace period), including each Mortgage Loan in foreclosure, all REO Property and each Mortgage Loan for which the Mortgagor has filed for bankruptcy.

  • Repeatedly Delinquent means any payment of a material amount of total monthly Billing under this Agreement received after the Payment Due Date, three (3) or more times during the last twelve (12) month period. The deposit may not exceed the estimated total monthly charges for a two (2) month period based upon recent Billing. The deposit may be an irrevocable bank letter of credit, a letter of credit with terms and conditions acceptable to Qwest, or some other form of mutually acceptable security such as a cash deposit. The deposit may be adjusted by CLEC’s actual monthly average charges, payment history under this Agreement, or other relevant factors, but in no event will the security deposit exceed five million dollars ($5,000,000.00). Required deposits are due and payable within thirty (30) Days after demand and non-payment is subject to the terms and provisions of Section 8.2 and Section 8.3 of this Agreement.

  • MBA Delinquency Method Under the MBA Delinquency Method, a loan due on the first of the month is considered 30 days delinquent when all or part of one or more payments remains unpaid as of close of business on the last Business Day of such month.

  • Delinquent Contract means any Contract as to which all or a portion of a Scheduled Payment (constituting at least ten percent (10%) of such Scheduled Payment due) is more than 60 days delinquent from its original due date.

  • Delinquent Account means an account with charges for electric services that remain unpaid at least 5 days after the due date.

  • Delinquency Event A Delinquency Event shall have occurred with respect to any Distribution Date if the Rolling Three Month Delinquency Rate as of the last day of the immediately preceding calendar month equals or exceeds 53.00% of the Senior Enhancement Percentage for such Distribution Date.

  • CMSA Delinquent Loan Status Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Delinquent Loan Status Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Delinquency Advance As defined in Section 8.09(a) hereof.

  • Delinquent Loan Status Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Delinquency Test means, for any Payment Date, a test that will be satisfied if

  • Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).

  • Balloon Payments means with respect to any loan constituting Indebtedness, any required principal payment of such loan which is payable at the maturity of such Indebtedness, provided, however, that the final payment of a fully amortized loan shall not constitute a Balloon Payment.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • CREFC® Delinquent Loan Status Report A report substantially in the form of, and containing the information called for in, the downloadable form of the “Delinquent Loan Status Report” available as of the Closing Date on the CREFC® Website, or no later than 90 days after its adoption, such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.