B Mortgage Loans definition

B Mortgage Loans. Primary Loans (other than A/B (a) not specifically specifically contemplated in Loan Servicer entitled to one hundred Mortgage Loans) and authorized or is prohibited or Documents; or subordinate or mezzanine percent (100%) of administrative or Deemed Category 1 not addressed in the Loan financing not specifically contemplated processing fee. Additional fees are Requests Documents; and (b) not seeking in Loan Documents. payable to Master Servicer and/or approval of a Lease requiring Special Servicer as specified in such approval of Mortgagee Pooling and Servicing Agreement. under the related Loan Master Servicer may also collect Documents or issuance of an its out-of-pocket expenses.(1)
Sample 1
B Mortgage Loans. Primary (other than A/B Mortgage (a) not specifically partial releases not specifically Servicer entitled to one hundred Loans) and Deemed authorized or is prohibited contemplated in Loan Documents; or percent (100%) of administrative Category 1 Requests or not addressed in the subordinate or mezzanine financing or processing fee. Additional Loan Documents; and (b) not not specifically contemplated in fees are payable to Master seeking approval of a Lease Loan Documents. Servicer and/or Special Servicer requiring such approval of as specified in Pooling and Mortgagee under the related Servicing Agreement. Master Loan Documents or issuance Servicer may also collect its of an SNDA. out-of-pocket expenses.(1) For all A/B Mortgage Loans: Same allocation of fees as Category 1 Requests.
Sample 1
B Mortgage Loans. Primary Mortgage Loans (a) not specifically not specifically contemplated in Servicer entitled to one hundred (other than A/B authorized or is prohibited Loan Documents; or subordinate or percent (100%) of administrative Mortgage Loans) and or not addressed in the mezzanine financing not specifically or processing fee. Additional Deemed Category 1 Loan Documents; and (b) not contemplated in Loan Documents. fees are payable to Master Requests seeking approval of a Lease Servicer and/or Special Servicer requiring such approval of as specified in Pooling and Mortgagee under the related Servicing Agreement. Master Loan Documents or issuance Servicer may also collect its of an SNDA. out-of-pocket expenses.(1) For all A/B Mortgage Loans: Same allocation of fees as Category 1 Requests. ---------------------------------------------------------------------------------------------------------------------------- 3 Category 3 Post Closing Requests to Changes to maturity date, interest Primary Servicer not entitled to Requests Money Terms, Defaulted rate, principal balance, fee. Master Servicer or Special amortization ---------------------------------------------------------------------------------------------------------------------------- ------------------------
Sample 1

Examples of B Mortgage Loans in a sentence

  • Mortgage loans are in scope of SSAP No. 37—Mortgage Loans and reported on Schedule B: Mortgage Loans.

  • Deposits to the 2006 Series B subaccount of the Acquisition Account (other than amounts exchanged for proceeds of the 2006 Series B-5 Bonds) are expected to be used to originate 2006 Series B Mortgage Loans as First Mortgage Loans and Second Mortgage Loans to Borrowers of such First Mortgage Loans (as described in "Part II – THE SINGLE FAMILY MORTGAGE PROGRAM – Special Program Features – Second Mortgage Loans").

  • The right of the Master Servicer to elect to terminate the Trust Fund pursuant to this clause (a) shall be conditioned upon the Aggregate Pool Principal Balance of the Group B Mortgage Loans and the Group B-I Mortgage Loans, at the time of any such repurchase, aggregating less than five percent (5%) of the aggregate Cut-off Date Principal Balance of the Mortgage Loans.

  • The principal balance of the Group B Mortgage Loans as of the Cut-off Date is $680,907,879.61.

  • Deposits to the 2005 Series B subaccount of the Acquisition Account (other than amounts exchanged for proceeds of the 2005 Series B-4 Bonds and the 2005 Series B-5 Bonds) are expected to be used to originate 2005 Series B Mortgage Loans as First Mortgage Loans and Second Mortgage Loans to Borrowers of such First Mortgage Loans (as described in "Part II – THE SINGLE FAMILY MORTGAGE PROGRAM – Special Program Features – Second Mortgage Loans").

  • Data based on earned investment yield, as reported in Schedule D (Bonds) / B (Mortgage Loans) statutory filings.

  • Upon conversion of the Units into shares of Stock, Participant will obtain full voting and other rights as a stockholder of the Company.

  • Retain the lower portion of the receipt and compare it with the last receipt(s) that you sent in.

  • See “ASSUMPTIONS REGARDING REVENUES, DEBT SERVICE REQUIREMENTS, OPERATING EXPENSESAND CERTAIN OTHER MATTERS” for a discussion of certain factors that may affect the rate of prepayment of the 2024 Series A/B Mortgage Loans and the 2024 Series B Mortgage Loans.

  • To the extent that Compensating Interest for the Servicer is calculated pursuant to clause (a) of the previous sentence, such Compensating Interest shall be allocated to the Subgroup A Mortgage Loans and the Subgroup B Mortgage Loans, pro rata, based on the aggregate Prepayment Interest Shortfalls for such Distribution Date on the Mortgage Loans in such Subgroup.

Related to B Mortgage Loans

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Group I Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group I Mortgage Loans.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Group II Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group II Mortgage Loans.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • Group III Mortgage Loans and "Group IV Mortgage Loans," respectively), formed by Wells Fargo Asset Securities Corporation (hereinafter called the "Depxxxxxr," which term includes any successor entity under the Agreement referred to below). The Trust Estate was created pursuant to a Pooling and Servicing Agreement dated as of February 27, 2006 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer") anx X.X. Bank National Association, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereinafter. To the extent not defined herein, the capitalized terms used herein have the meanings ascribed to such terms in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing on the first Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the Group II-A Distribution Amount for the Class II-A-7 Certificates required to be distributed to Holders of the Class II-A-7 Certificates on such Distribution Date, subject to adjustment in certain events as specified in the Agreement. Distributions in reduction of the Principal Balance of certain Classes of Class A Certificates may not commence on the first Distribution Date specified above. Distributions of principal will be allocated among the Classes of Group II-A Certificates in accordance with the provisions of the Agreement. The pass-through rate on the Class II-A-7 Certificates applicable to each Distribution Date will be 5.500% per annum. The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class II-A-7 Certificates, as described in the Agreement. Distributions on this Certificate will be made by the Paying Agent by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register, unless such Person is entitled to receive payments by wire transfer in immediately available funds in accordance with the Agreement and such Person has notified the Paying Agent pursuant to the Agreement that such payments are to be made by wire transfer of immediately available funds. Notwithstanding the above, the final distribution in reduction of the Principal Balance of this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency of the Paying Agent specified for that purpose in the notice of final distribution. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate constitutes a "regular interest" in a "real estate mortgage investment conduit" as those terms are defined in Section 860G(a)(1) and Section 860D, respectively, of the Internal Revenue Code of 1986, as amended. Unless this Certificate has been countersigned by an authorized officer of the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Initial Mortgage Loans The Mortgage Loans included in the Trust as of the Closing Date.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.