ACE Loan definition
ACE Loan means the aggregate principal amount of the ACE Tranches outstanding under this Agreement from time to time or the amount of any Scheduled Principal Amortisation converted into a loan under the ACE Tranche.
Examples of ACE Loan in a sentence
Each FHLMC ACE Loan received an appraisal waiver from Freddie Mac in accordance with the FHLMC Guide in effect at the time of the origination of such Mortgage Loan through Freddie Mac’s Automated Collateral Evaluation (ACE) program.
Each Freddie Mac ACE Loan received an appraisal waiver from Freddie Mac in accordance with the Freddie Mac Guidelines in effect at the time of the origination of such Mortgage Loan through Freddie Mac’s Automated Collateral Evaluation (ACE) program.