Agency MBS means MBS issued or guaranteed as to timely payment of principal and interest by Xxxxxx Mae, Xxxxxx Xxx or Xxxxxxx Mac.
Agency MBS means an MBS guaranteed or issued by Xxxxxx Xxx, Xxxxxxx Mac or Xxxxxx Mae, in each case representing, secured or backed by a pool of Mortgage Loans consisting of any Mortgage Loan that is a Pledged Mortgage Loan at the time of formation of the related pool.
Examples of Agency MBS in a sentence
Agency MBS: Report mortgage-backed securities (MBS) issued or guaranteed by U.S. Government agencies.
Such government-sponsored enterprises guarantee payments on Agency MBS.
MBS that are issued by government-sponsored enterprises are known as Agency MBS.
MBS will include all Agency MBS, CMOs and CMBS for the aforementioned limits.
Investment securities include Agency MBS, CRT and non-Agency securities.
More Definitions of Agency MBS
Agency MBS means government agency MBS, which are mortgage pass-through certificates backed by pools of residential mortgage loans issued or guaranteed by Xxxxxx Mae, Xxxxxx Xxx or Xxxxxxx Mac. Agency MBS may also consist of Agency CMOs, which are securities that are structured by an Agency-backed mortgage pass-through certificates.
Agency MBS means a FHLMC MBS, a FNMA MBS and/or a GNMA MBS, as the context requires.
Agency MBS means MBS issued or guaranteed as to timely payment of principal and interest by Xxxxxx Mae, Xxxxxx Xxx or Xxxxxxx Mac. “Agent” is defined above. “Agent’s Fees” is defined in Section 9.2. “Aggregate Outstanding Purchase Price” means as of any Determination Date, an amount equal to the sum of the Purchase Prices for all Purchased Loans included in all Open Transactions. “Agreement” is defined in the Recitals. “‘Applicable Margin’ means (a) for the Daily Adjusting LIBOR Rate, 1.75% per annum, and (b) for the Prime Reference Rate, 0.5% per annum. “Approved Investor” means Xxxxxx Xxx, Xxxxxx Xxx, Xxxxxxx Mac and any of the Persons listed on Schedule AI, as it may be supplemented or amended from time to time by agreement of the Seller and the Agent; provided, that (a) persons listed on Schedule AI shall be Approved Investors only with respect to the type(s) of Mortgage Loans for which they are specified as an “Approved Investor” on Schedule AI, and (b) if the Agent shall give notice to the Seller of the Agent’s reasonable disapproval of any Approved Investor(s) named in the notice, 3 Bodman_16842095_7
Agency MBS means an MBS guaranteed by an Agency.
Agency MBS means residential mortgage-backed securities for which a U.S. government entity such as the Government National Mortgage Association or a U.S. government-sponsored entity, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation, guarantees payment of principal and interest to holders of the securities.
Agency MBS means MBS issued or guaranteed as to timely payment of principal and interest by Xxxxxx Mae, Xxxxxx Xxx or Xxxxxxx Mac. “Agent” is defined above. “Agent’s Fees” is defined in Section 9.2. “Aggregate Outstanding Purchase Price” means as of any Determination Date, an amount equal to the sum of the Purchase Prices for all Purchased Loans included in all Open Transactions. “Agreement” is defined in the Recitals. “Applicable Margin” means (a) for the Daily Adjusting LIBOR Rate, two and three eighths percent (2.375%) per annum, and (b) for the Prime Reference Rate, one and twenty five hundredths percent (1.25%) per annum. “Approved Investor” means Xxxxxx Mae, Xxxxxx Xxx, Xxxxxxx Mac and any of the Persons listed on Schedule AI, as it may be supplemented or amended from time to time by