Interests in loans definition

Interests in loans means ownership interests in the principal amount, in- terest payments, or any aspect of a loan transaction and transactions in- volving a pool of loans, including serv- icing rights.
Interests in loans meansownership interests in the principal

Examples of Interests in loans in a sentence

  • Interests in loans acquired indirectly by way of sub participation are referred to herein as “Participations”.

  • Interests in loans acquired directly by way of novation or assignment are referred to herein as “Assignments”.


More Definitions of Interests in loans

Interests in loans meansownership interests in the principal amount, interest payments, or anyaspect of a loan transaction andtransactions involving a pool of loans, including servicing rights.* * * * *(h) Transactions through agents.Subpart Q—Banks for Cooperatives Financing International Trade§ 614.4810 [Amended]21. Section 614.4810 is amended by removing the words ‘‘credit factorslisted in § 614.4160’’ and adding in their place, the words ‘‘the loan underwriting standards adopted pursuant to§ 614.4150’’ in paragraph (b).PART 619—DEFINITIONS21. The authority citation for part 619 continues to read as follows:Authority: Secs. 1.7, 2.4, 4.9, 5.9, 5.12,5.17, 5.18, 7.0, 7.6, 7.7, 7.8 of the Farm CreditAct (12 U.S.C. 2015, 2075, 2160, 2243, 2246,2252, 2253, 2279a, 2279b, 2279b–1, 2279b–
Interests in loans means ownership interests in the principal amount, interest payments, or any aspect of a loan transaction and transactions involving a pool of loans, including servicing rights. * * * * * (h) Transactions through agents. Transactions pertaining to purchases of loans, including the judgment on creditworthiness, may be performed through an agent, provided that: (1) The institution establishes the necessary criteria in a written agency agreement that outlines, at a minimum, the scope of the agency relationship and obligates the agent to comply with the institution's underwriting standards;
Interests in loans means ownership interests in the principal amount, in- terest payments, or any aspect of a12 CFR Ch. VI (1–1–15 Edition)loan transaction and transactions in- volving a pool of loans, including serv- icing rights.

Related to Interests in loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.