Escrow Advance definition

Escrow Advance. An advance made by the Servicer (including any predecessor servicer) with respect to a Mortgage Loan pursuant to the Servicer’s obligation to do so under a Designated Servicing Agreement, of real estate taxes and assessments, or of hazard, flood or primary mortgage insurance premiums, required to be paid (but not otherwise paid) by the related Obligor under the terms of the related Mortgage Loan.
Escrow Advance means any advance made to pay taxes or insurance premiums or any other cost or expense that, but for a shortfall in the Borrower’s Escrow Account, is payable using funds in the Borrower’s Escrow Account.
Escrow Advance. Balance Total outstanding escrow advance balance.

Examples of Escrow Advance in a sentence

  • Corporate Advances Recovered at Termination The amount of the Total Corporate Advance balance recovered at termination Escrow Advances Recovered at Termination The amount of the Total Escrow Advance balance recovered at termination Commission The broker commission amount on liquidation Seller Concession The dollar amt of seller concessions upon liquidation.

  • Advance: Any P&I Advance (including Servicing Fee Advances), Escrow Advance or Corporate Advance.

  • Advance: Any Delinquency Advance, Escrow Advance or Corporate Advance.

  • Thereafter, and on or about September 20, 2016, Dowling entered into an Escrow Agreement pursuant to which the Bond Trustees and Series 2006 Bond Insurer caused certain protective advances to be made under applicable loan facilities to pay expenses otherwise due by Dowling (the "Escrow Advance Agreement").

  • In the case at bar, (name of the computer program/software) was properly operated to accurately record the Defendant’s mortgage payments.Based on the foregoing, failed to pay amounts due under the Note, and the amount due and owing as of is: Principal$ Interest $ Pro Rata MIP/PMI $ Escrow Advance $ Late Charges $ NSF Charges $ Property Maintenance $ Property Inspections $ BPO $ GROSS AMOUNT DUE $ Less/Plus balance in reserve accounts $ NET AMOUNT DUE$ AFFIANT STATES NOTHING MORE.


More Definitions of Escrow Advance

Escrow Advance means any “Escrow Advances” (as defined in the applicable Subject Servicing Agreement or any other similar term therein) or, to the extent not so defined therein, advances in respect of real estate taxes and assessments or of hazard, flood or primary mortgage insurance premiums, required to be paid (but not otherwise paid) by or on behalf of the related Mortgagor under the terms of the related Mortgage Loan for which Servicer has a right of reimbursement under the applicable Subject Servicing Agreement.
Escrow Advance means any advance disbursed by or on behalf of the Company with respect to any Mortgage Pool as required by the Xxxxxx Mae Contract in order to pay tax obligations or insurance premiums due under any Mortgage Loan included in the related Mortgage Pool when the funds on deposit in any escrow custodial account or any other account containing escrow funds related to the applicable Mortgage Pool are insufficient to make the required payment, 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.
Escrow Advance. An advance made by the Servicer (including any predecessor servicer) with respect to a Mortgage Loan in a Designated Pool pursuant to the Servicer’s obligation to do so in accordance with a related Designated Servicing Contract and the Xxxxxxx Mac Guide and the Xxxxxxx Mac Purchase Documents, of real estate taxes and assessments, or of hazard, flood or primary mortgage insurance premiums, required to be paid (but not otherwise paid) by the related Obligor under the terms of the related Mortgage Loan.
Escrow Advance means customary, reasonable and necessaryout of pocketcosts and expenses (including reasonable attorneysfees and disbursements) incurred by Borrower under any Approved Servicing Agreement for (1) the payment of taxes, assessments, water rates, sewer rents and other charges that are or may become a lien upon the related Mortgaged Property and (2) the payment of premiums for fire, hazard and (to the extent required by law) flood insurance.
Escrow Advance. Interest on Advances: Escrow Balance: Other Advances: Suspense Balance: Servicing Advance Holdbacks: Restricted Escrow: Property Inspection: Rental Income BPO: Received: ________________________________ *All amounts will be itemized, and to the extent not itemized, this form will be accompanied by documentation supporting all amounts claimed on this form.
Escrow Advance. Any advance disbursed by Servicer with respect to any Mortgage Pool as required by the Xxxxxx Mae Contract in order to pay tax obligations or insurance premiums due under any Mortgage Loan included in the related Mortgage Pool when the funds on deposit in any escrow custodial account or any other account containing escrow funds related to the applicable Mortgage Pool are insufficient to make the required payment, 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. Euroclear: Euroclear Bank S.A./N.V. as operator of the Euroclear System, and any successor thereto.
Escrow Advance. An advance made by the Servicer (including any predecessor servicer) with respect to a Mortgage Loan in a Designated Pool pursuant to the Servicer’s obligation to do so in accordance with a Designated Servicing Contract and the Xxxxxxx Mac Guide and/or the Xxxxxxx Mac Purchase Documents or the Xxxxxx Mae Guide, (as applicable), of real estate taxes and assessments, or of hazard, flood or primary mortgage insurance premiums, required to be paid (but not otherwise paid) by the related Obligor under the terms of the related Mortgage Loan.