Group 1 Mortgage Loans definition

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

Group 1 Mortgage Loans. The Mortgage Loans in Loan Group 1.

Group 1 Mortgage Loans. The group of Mortgage Loans identified in the related Mortgage Loan Schedule as "Group 1 Mortgage Loans", including in each case any Mortgage Loans delivered in replacement thereof.

Examples of Group 1 Mortgage Loans in a sentence

• The pass-through rate with respect to the Class L-1B Interest and Class L-1Q Interest shall be a per annum rate equal to the weighted average of the Net Mortgage Rates on the Group 1 Mortgage Loans.

• Interest will accrue on these Certificates at a per annum rate equal to the Net WAC of the Group 1 Mortgage Loans.

• The pass-through rate with respect to the Class 1-A-M1 Interest shall be a per annum rate equal to the weighted average of the Net Mortgage Rates on the Group 1 Mortgage Loans.

• Any payments of principal to the Group 1 Senior Certificates will first be made from payments relating to the Group 1 Mortgage Loans and any payments of principal to the Group 2 Senior Certificates will first be made from payments relating to the Group 2 Mortgage Loans.

• Upon certification to the Trustee by a Servicing Officer of the making of such final deposit, the Trustee shall promptly release or cause to be released to the related Terminator the Mortgage Files for the remaining Group 1 Mortgage Loans or Group 2 Mortgage Loans, as applicable, and the Trustee shall execute all assignments, endorsements and other instruments delivered to it which are necessary to effectuate such transfer.

More Definitions of Group 1 Mortgage Loans

Group 1 Mortgage Loans. The Pool 1 Mortgage Loans contributing to Collateral Group 1.

Group 1 Mortgage Loans. The Mortgage Loans identified as such on the portion of the Mortgage Loan Schedule attached hereto as Exhibit B-1.

Group 1 Mortgage Loans. The pool of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Group 1 and any Substitute Mortgage Loans delivered in replacement of any Mortgage Loan.

Group 1 Mortgage Loans. The Mortgage Loans on Exhibit A-1.

Group 1 Mortgage Loans. The Mortgage Loans subject to this Agreement included in Group 1.

Group 1 Mortgage Loans means the Mortgage Loans related to the Group 1 Assets. “Group 6 Mortgage Loans” means the Mortgage Loans related to the Group 6 Assets. “Group 8 Mortgage Loans” means the Mortgage Loans related to the Group 8 Assets. “Guaranty Agreement” means the Guaranty Agreement, by and between Nationstar Mortgage LLC, as issuer and Xxxxxx Xxx. “Guaranty Fee” means the monthly guaranty fee that a Xxxxxx Mae issuer is required to pay to Xxxxxx Xxx for each HMBS for which such issuer is the issuer of record. “Home Equity Conversion Mortgage” (or “HECM Loan”) means a reverse mortgage loan under FHA’s Home Equity Conversion Mortgage program administered by the FHA. “HECM Policy” means a mortgage insurance policy administered by the FHA with respect to reverse mortgage loans in accordance with the FHA Regulations and other HUD publications relating to HECM Loans, including, without limitation, related handbooks, circulars, notices and mortgagee letters. “HMBS” means a Xxxxxx Mae security backed by HECM loan participations under the umbrella of the Xxxxxx Xxx XX Custom MBS program.

Group 1 Mortgage Loans including in each case any Mortgage Loans delivered in replacement thereof.