Group I Mortgage Loan definition

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 Freddie Mac loan limits.
Group I Mortgage Loan. A Mortgage Loan assigned to Loan Group I with a Stated Principal Balance at origination that conforms to Fannie Mae and Freddie Mac loan limits.
Group I Mortgage Loan. A Mortgage Loan assigned to Loan Group I with a principal balance that conforms to Fannie Mae and Freddie Mac guidelines.

Examples of Group I Mortgage Loan in a sentence

  • Such notice shall be delivered within thirty Business Days following such modification and shall include information with respect to the modification, including, without limitation, the interest rate, the principal balance and the maturity date of such Group I Mortgage Loan before and after such modification.

  • The Master Servicer shall submit to the Guarantor with its request for consent, such information related to the proposed modification as can be expected to be needed by the Guarantor to evaluate the Master Servicer's request, including the terms of the proposed modification and the reasons for the Master Servicer's decision that such Group I Mortgage Loan should be modified.

  • Each Remittance Report delivered by the Master Servicer to the Guarantor pursuant to Section 4.04 in connection with a Distribution Date shall include a schedule of the Group I Mortgage Loans subject to the Relief Act on such Distribution Date and shall set forth the amount of Relief Act Interest Shortfalls for such Distribution Date in connection with each such Group I Mortgage Loan.

  • If any of the Group I Mortgage Loans becomes subject to the Relief Act, the Master Servicer shall, with respect to such Group I Mortgage Loan, complete Fannie Mae Special Information Worksheet (for Military Indulgence) substantially in the form set forth on Exhibit G-1 hereto and shall require the related Mortgagor to complete Fannie Mae Form 180 Request For Military Indulgence substantially in the form set forth as Exhibit G-2 hereto.

  • The Master Servicer shall retain the executed originals of such forms in its servicing files related to such Group I Mortgage Loan and, upon the Guarantor's request, shall promptly deliver such forms to the Guarantor at the address specified by the Guarantor, or if no such address is specified, to Fannie Mae, Management Portfolio Processing Unit, 13150 Worldgate Drive, Herndon, Virginia 22070, Mail Stop: 5H-1W-06.


More Definitions of Group I Mortgage Loan

Group I Mortgage Loan. Any Mortgage Loan in Loan Group I.
Group I Mortgage Loan. A Mortgage Loan assigned to Loan Group I with a Stated Principal Balance at origination that conforms to Fannie Mae and Freddie Mac loan limits. The aggregate principal balance of the Group I Mortgage Loans as of the Cut-off Date is equal to $283,681,616.64.
Group I Mortgage Loan. A Mortgage Loan assigned to Loan Group I. The aggregate Principal Balance of the Group I Mortgage Loans as of the Cut-off Date is equal to $472,727,931.26.
Group I Mortgage Loan. A Mortgage Loan in Loan Group I.
Group I Mortgage Loan. A Mortgage Loan assigned to Loan Group I with a principal balance that conforms to Freddie Mac loan limits.
Group I Mortgage Loan. A Mortgage Loan that is identified as such on the Mortgage Loan Schedule.
Group I Mortgage Loan. Each Mortgage Loan listed on Exhibit D-1 hereto.