Expense Adjusted Mortgage Rate definition

Expense Adjusted Mortgage Rate. With respect to any Mortgage Loan (or the related REO Property) as of any date of determination, a per annum rate of interest equal to the then applicable Mortgage Rate for such Mortgage Loan minus the sum of the (i) the Servicing Fee Rate and (ii) the Credit Risk Manager Fee Rate.
Expense Adjusted Mortgage Rate. With respect to any Mortgage Loan or REO Property, the then applicable Mortgage Rate thereon minus the Administration Fee Rate.
Expense Adjusted Mortgage Rate. For any Mortgage Loan, the rate equal to the then applicable Mortgage Rate thereon minus the sum of (i) the Minimum Spread and (ii) the Servicing Fee Rate and (iii) the Indenture Trustee Fee Rate.

Examples of Expense Adjusted Mortgage Rate in a sentence

  • Weighted Average Expense Adjusted Mortgage Rate......................

  • The "Expense Adjusted Mortgage Rate" on any Home Equity Loan is equal to the then applicable home equity loan interest rate thereon, minus the Servicing Fee, which is 0.50% per annum.

  • If an Investigator is removed from an interview/meeting/informal resolution proceeding, the Party will be given the option to end the interview/meeting or to proceed without the advisor.

  • Modified Weighted Average Expense Adjusted Mortgage Rate.............

  • Expense Adjusted Mortgage Rate.......................................


More Definitions of Expense Adjusted Mortgage Rate

Expense Adjusted Mortgage Rate. With respect to any Mortgage Loan, as of any date of determination, a per annum rate of interest equal to the then applicable Mortgage Rate for such Mortgage Loan minus the Administrative Fee Rate.
Expense Adjusted Mortgage Rate. With respect to any Distribution Date and as to each Mortgage Loan, the per annum rate equal to the Mortgage Rate as of the first day of the related Due Period less the Expense Fee Rate. Expense Fee Rate: As to each Mortgage Loan, a per annum rate equal to the sum of the Servicing Fee Rate and the Master Servicing Fee Rate.
Expense Adjusted Mortgage Rate. With respect to any Mortgage Loan or REO Property, the then applicable Mortgage Rate thereon minus the sum of (i) the Administration Fee Rate, (ii) the Servicing Fee Rate and (iii) the Master Servicing Fee Rate.
Expense Adjusted Mortgage Rate. With respect to any Mortgage Loan, the then applicable Mortgage Rate thereon minus the sum of (i) the Minimum Spread, (ii) the Trustee's Fee Rate and (iii) the Servicing Fee Rate.
Expense Adjusted Mortgage Rate. With respect to any Mortgage Loan (or the related REO Property), as of any Distribution Date, a per annum rate of interest equal to the applicable Mortgage Rate thereon as of the first day of the month preceding the month in which the Distribution Date occurs minus the sum of (i) the Trustee Fee Rate, (ii) the Servicing Fee Rate and (iii) the rate at which the premium payable in connection with any lender-paid Primary Mortgage Insurance Policy is calculated, if applicable.
Expense Adjusted Mortgage Rate means, with respect to any Adjustable Rate ------------------------------ Home Equity Contract, the then applicable mortgage rate thereon, minus the Expense Fee Rate. "Expense Fee Rate" means .75%. ----------------
Expense Adjusted Mortgage Rate. With respect to any Mortgage Loan or REO Property, the then applicable Mortgage Rate thereon minus the sum of (i) the per annum rate at which the Servicing Fee is calculated and (ii) the Trustee Fee Rate.