Eligible Securitized Loan definition

Eligible Securitized Loan. Any Securitized Loan other than a MERS Eligible Securitized Loan.

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Examples of Eligible Securitized Loan in a sentence

MERS Eligible Securitized Loan: Any Securitized Loan that has been designated by the Servicer as recordable in the name of MERS, as nominee.

Definition: Eligible Securitized Loan

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