Company Mortgage Loans definition

Company Mortgage Loans. A Mortgage Loan that has been underwritten in accordance with the Underwriting Guidelines.
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Company Mortgage Loans means those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.
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Company Mortgage Loans means any mortgage loan originated, purchased, serviced or subserviced by Company or any Company Subsidiary (including Company Bank), including forward and reverse mortgage loans.
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Examples of Company Mortgage Loans in a sentence

  • Notwithstanding the foregoing, the Company shall not be relieved of its obligations hereunder and shall be obligated to the same extent and under the same terms and conditions as if it alone were servicing and administering the Company Mortgage Loans.

  • The Company shall maintain, at its own expense, a blanket fidelity bond and an errors and omissions insurance policy, with broad coverage with responsible companies on all officers, employees or other persons acting in any capacity with regard to the Company Mortgage Loans and who handle funds, money, documents and papers relating to the Company Mortgage Loans.

  • At the cost and expense of the Company, without any right of reimbursement from its Protected Account, the Company shall be entitled to terminate the rights and responsibilities of a subservicer and arrange for any servicing responsibilities to be performed by a successor subservicer; provided, however, that nothing contained herein shall be deemed to prevent or prohibit the Company, at the Company's option, from electing to service the related Company Mortgage Loans itself.

  • The Company shall prepare and deliver to the Depositor and/or the Trustee such documents requiring execution and delivery by any or all of them as are necessary or appropriate to enable the Company to service and administer the Company Mortgage Loans.

  • The information may be presented for review or for copying, at the requestor’s expense, upon request by any person, including officials of state, local, or federal government, who, upon presenting proof of identification, registers their name and address, along with the name of the person whose statement is being reviewed.

  • The Company shall service and administer the Company Mortgage Loans in accordance with customary and usual standards of practice of prudent mortgage loan servicers in the respective states in which the related Mortgaged Properties are located.

  • The abstract is the traditional tourism place direct pressure on fragile ecosystems that causing degradation of the physical environment and disruption to wildlife.

  • Each Co-Borrower originates and sells to the Company Mortgage Loans.

  • All costs incurred by the Company, if any, in effecting the timely payments of taxes and assessments on the Mortgaged Properties relating to the Company Mortgage Loans and related insurance premiums shall not, for the purpose of calculating monthly distributions to the Certificateholders, be added to the Stated Principal Balance under the related Company Mortgage Loans, notwithstanding that the terms of such Mortgage Loans so permit.

  • The Company shall be responsible for maintaining, and shall maintain, a complete set of books and records for the Company Mortgage Loans which shall be appropriately identified in the Company's computer system to clearly reflect the ownership of the Company Mortgage Loans by the Trust.


More Definitions of Company Mortgage Loans

Company Mortgage Loans. Section 3.14(a) "Company Mortgage Notes" -- Section 3.14(a) "Company Permits" -- Section 3.10 "Company Permitted Liens" -- Section 3.13(a) "Company Principal MBS Agreements" -- Section 3.13(b) "Company Series A Preferred Stock" -- Section 2.01(b) "Company Stock" -- Section 2.01(b) "Company Stock Option" -- Section 6.07 "Company Stockholders' Approval" -- Section 6.03 "Company Stockholders' Meeting" -- Section 6.03 "Confidentiality Agreement" -- Section 6.01 "Constituent Corporations" -- Section 1.01 "Contracts" -- Section 3.04(a) "control," "controlling," "controlled by" and "under common control with" -- Section 9.11(a) "DGCL" -- Section 1.01 "Disputed Values" -- Section 2.01(c)(i) "Dissenting Share" -- Section 2.01(d)(i) "Effective Time" -- Section 1.03 "Environmental Laws" -- Section 4.18(e) "Environmental Liability" -- Section 4.18(a) "ERISA" -- Section 3.17(d)(i) "Evaluation Material" -- Section 6.01 "Exchange Act" -- Section 4.05 "Exchange Agent" -- Section 2.02(a) "Exchange Fund" -- Section 2.02(a) "Expense Fee" -- Section 8.02(b) "Governmental or Regulatory Authority" -- Section 3.04(a) "group" -- Section 9.11(g) "Indebtedness" -- Section 3.15 "Indemnified Liabilities" -- Section 6.08(a) "Indemnified Parties" -- Section 6.08(a) "Indemnifying Party" -- Section 6.08(a) "Intellectual Property" -- Section 3.20 "knowledge" -- Section 9.11(d) "laws" -- Section 3.04(a) "Liens" -- Section 9.11(e) "Management Agreement Assignment Agreement" -- Section 5.06 "material", "material adverse effect" and "materially adverse" -- Section 9.11(f) "MBS" -- Section 3.13(a) "Merger" -- Preamble "Mortgage Loan" -- Section 7.02(f) "Net Asset Value" -- Section 2.01(c)(i) "Net Asset Valuation" -- Section 2.01(c)(i) "New Parent Preferred Stock" -- Section 2.01(c)(i) "NYSE" -- Section 2.01(c)(i) "Options" -- Section 3.02(a) "orders" -- Section 3.04(a) "Parent" -- Preamble "Parent Common Stock" -- Section 2.01(c)(i) "Parent Disclosure Letter" -- Section 4.01 "Parent Financial Statements" -- Section 4.05 "Parent MBS" -- Section 4.13(a) "Parent MBS Certificates" -- Section 4.13(a) "Parent Mortgage Files" -- Section 4.14(a) "Parent Mortgage Loans" -- Section 4.14(a) "Parent Mortgage Notes" -- Section 4.14(a) "Parent Permits" -- Section 4.10 "Parent Permitted Liens" -- Section 4.13(a) "Parent Preferred Stock" -- Section 4.02(a) "Parent Principal MBS Agreements" -- Section 4.13(b) "Parent SEC Reports" -- Section 4.05 "Parent Stock" -- Section 2.01(c)(i) "person" -- Section 9.11(g) ...
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Related to Company Mortgage Loans

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

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

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

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

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

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

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

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

  • 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.

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

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

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

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

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • 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.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

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

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

  • Premium Mortgage Loan Any Group 1 Premium Mortgage Loan or Group 2 Premium Mortgage Loan.

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

  • 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.

  • 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.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.

  • 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.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.