Acquired MSRs definition

Acquired MSRs means mortgage servicing rights related to previously issued Xxxxxx Xxx MBS that the Servicer acquired, provided that Xxxxxx Mae has acknowledged that the Servicer is deemed the “issuer” of the Pooled Mortgages related to such acquired mortgage servicing rights by execution of the Assignment Agreement in the form of Appendix VIII-3 of the Xxxxxx Xxx Guide, or any such successor form approved by Xxxxxx Mae from time to time.
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Acquired MSRs means, with respect to the acquisition by PLS of servicing related to previously issued Gxxxxx Mxx MBS, the MSRs related to the Mortgage Loans included in such acquired Gxxxxx Mae MBS.
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Acquired MSRs means, with respect to the acquisition by PLS of servicing related to previously issued Xxxxxx Xxx MBS, the MSRs related to the Mortgage Loans included in such acquired Xxxxxx Mae MBS.
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Examples of Acquired MSRs in a sentence

  • Second Quarter 2019 Highlights: □ Mortgage Servicing Rights (“MSRs”)◾ Acquired MSRs totaling approximately $53 billion unpaid principal balance (“UPB”).

  • Acquired MSRs: MSRs related to previously issued Ginnie Mae MBS that the Servicer acquired, provided that Ginnie Mae has acknowledged that Caliber is deemed the “issuer” of the Pooled Mortgages related to such Acquired MSRs by execution of the Assignment Agreement (OMB Approval No. 2503-0033), or any such successor form approved by Ginnie Mae from time to time.

  • MSRs related to previously issued Xxxxxx Mae MBS that the Servicer acquired, provided that Xxxxxx Xxx has acknowledged that the Servicer is deemed the “issuer” of the Pooled Mortgages related to such Acquired MSRs by execution of the Assignment Agreement (Xxxxxx Mae MBS Guide Appendix VIII-3), or any such successor form approved by Xxxxxx Xxx from time to time.

  • Corporate Advance: Any advance disbursed by the Servicer with respect to any Mortgage Pool as required by the Ginnie Mae Contract with respect to any Mortgage Loan included in the related Mortgage Pool (other than amounts advanced as MBS Advances or Escrow Advances), excluding any advance disbursed by an Interim Servicer related to Acquired MSRs until such time as Servicer completes reconciliation of such advances with the Interim Servicer and pays the Interim Servicer for such advances.

  • Second Quarter 2019 Highlights: ⬥ Mortgage Servicing Rights (“MSRs”) ◾ Acquired MSRs totaling approximately $53 billion unpaid principal balance (“UPB”).

  • First Quarter 2019 Highlights: w Mortgage Servicing Rights (“MSRs”) § Acquired MSRs totaling approximately $22 billion unpaid principal balance (“UPB”).

Related to Acquired MSRs

  • Acquired Interests has the meaning set forth in the Recitals.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Transferred Interests has the meaning set forth in the Recitals.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Previously Acquired Shares means shares of Common Stock that are already owned by the Participant or, with respect to any Incentive Award, that are to be issued upon the grant, exercise or vesting of such Incentive Award.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Purchased Interests has the meaning set forth in the Recitals.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Transferred Inventory shall have the meaning set forth in Section 1.1(c).

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Sold Assets has the meaning set forth in Section 2.01(b).

  • Purchased Interest means, at any time, the undivided percentage ownership interest in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage interest shall be computed as:

  • Seller’s Share of any amount means the greater of: (a) $0 and (b) such amount minus the product of (i) such amount multiplied by (ii) the Purchased Interest.

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • Subject Assets is defined in Section 2.2(c).

  • Acquired Shares has the meaning set forth in the Recitals.

  • Acquired Entities means the Company and the Company Subsidiaries.

  • Newly acquired auto means any of the following types of vehicles you become the owner of during the policy period:

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Acquired Entity means any entity acquired by the Company or a Related Company or with which the Company or a Related Company merges or combines.

  • After-Acquired Intellectual Property has the meaning assigned to such term in Section 4.02(d).

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).