Liquidation Loss Amount. With respect to any Payment Date and any Mortgage Loan that became a Liquidated Mortgage Loan during the related Collection Period, the unrecovered portion of the Principal Balance of such Mortgage Loan and any unpaid accrued interest thereon at the end of such Collection Period, after giving effect to the Net Liquidation Proceeds applied in reduction of such Principal Balance.
Liquidation Loss Amount means, with respect to any Payment Date and any Mortgage Loan that becomes a Liquidated Mortgage Loan during the related Collection Period, its unrecovered Asset Balance at the end of the Collection Period, after giving effect to the Net Liquidation Proceeds applied in reduction of the Asset Balance. A Liquidation Loss Amount cannot be less than $0.
Liquidation Loss Amount. With respect to any Payment Date and any Home Loan that became a Liquidated Home Loan during the related Collection Period, the unrecovered portion of the related Loan Balance thereof at the end of such Collection Period, after giving effect to the Net Liquidation Proceeds applied to reduce the related Loan Balance. In addition, as to any Home Loan for which the principal balance has been reduced in connection with bankruptcy proceedings, the amount of the reduction will be treated as a Liquidation Loss Amount.
Examples of Liquidation Loss Amount in a sentence
The aggregate Liquidation Loss Amount for all Loans that became Liquidated Loans in the Monthly Collection Period....
The aggregate Liquidation Loss Amount for all Mortgage Loans that became Liquidated Mortgage Loans in the Preceding Collection Period.........
After such repurchase, the Servicer, if requested by such Residual Certificateholders and if offered suitable indemnification and reimbursement for expenses, is authorized to seek a deficiency judgment if permitted by law against the Mortgagor under such Liquidated Mortgage Loan on behalf of the Residual Certificateholders to the extent of any Liquidation Loss Amount.
Liquidation Loss Liquidation Loss Amount 0.00 Loss Investor Cert.
Morever Hc = 0 can also be achieved when the frequency of J is an odd multiple of that of H providing that the phases of J and H are properly adjusted [9].For P > Su, Hc < 0 follows (Fig.
More Definitions of Liquidation Loss Amount
Liquidation Loss Amount for any Payment Date and any Mortgage Loan that becomes a Liquidated Mortgage Loan during the related Collection Period is the unrecovered Asset Balance of the Mortgage Loan at the end of the Collection Period after reducing the Asset Balance for the Net Liquidation Proceeds.
Liquidation Loss Amount means, with respect to any Payment Date and any Mortgage Loan that becomes a Liquidated Mortgage Loan during the related Collection Period, its unrecovered Asset Balance at the end of the Collection Period, after giving effect to the Net Liquidation Proceeds applied in reduction of the Asset Balance.
Liquidation Loss Amount. With respect to any Payment Date and any Mortgage Loan that became a Liquidated Mortgage Loan during the related Collection Period, the unrecovered portion of the Principal Balance of such Mortgage Loan and any unpaid accrued interest thereon at the end of such Collection Period, after giving effect to the Net Liquidation Proceeds applied in reduction of such Principal Balance. Liquidation Proceeds: Proceeds (including Insurance Proceeds but not including amounts drawn under the Policy) if any received in connection with the liquidation of any Mortgage Loan or related REO Property, whether through trustee's sale, foreclosure sale or otherwise.
Liquidation Loss Amount. ’ means with respect to any Liquidated Mortgage Loan, the unrecovered principal balance thereof at the end of the Collection Period in which such mortgage loan became a Liquidated Mortgage Loan, after giving effect to the Net Liquidation Proceeds in connection therewith.
Liquidation Loss Amount means with respect to any Liquidated Asset, the unrecovered Principal Balance thereof at the end of the related Due Period in which such Asset became liquidated after giving effect to the Net Liquidation Proceeds in connection therewith.
Liquidation Loss Amount. With respect to any Distribution Date and the related Collection Period, the amount charged off, either in full or in part, by the Servicer in accordance with its normal servicing procedures, including (i) as to any Home Equity Loan that became a Liquidated Home Equity Loan during such Collection Period, the unrecovered Principal Balance thereof at the end of such Collection Period (after giving effect to the application of the principal portion of any Net Liquidation Proceeds realized in connection therewith) and (ii) as to any Home Equity Loan that is a Partially or Fully Charged Off Home Equity Loan during such Collection Period, the Charged Off Amount for such Home Equity Loan and Collection Period.
Liquidation Loss Amount. With respect to any Distribution Date and any Liquidated Mortgage Loan, the unrecovered principal balance of the Liquidated Mortgage Loan, after giving effect to the Net Liquidation Proceeds for that Mortgage Loan. If a Bankruptcy Loss has occurred with respect to any Mortgage Loan, the amount of the Bankruptcy Loss will constitute a Liquidation Loss Amount.