Loan Boarding definition

Loan Boarding means the process by which Client submits new Mortgage Loans to Servicer for the purpose of servicing, and the conditional acceptance of such Mortgage Loans by Servicer, depending on factors including, but not limited to, the completeness of the data submitted with the files. Servicer shall notify Client of the minimum Data Requirements on a Loan Boarding Addendum attached hereto and incorporated herein as Exhibit B.
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Examples of Loan Boarding in a sentence

  • Other Fees‌The following fees will be netted from the SRP due to the Selling PFI for the Serviced Loans: • Tax Service Fee $85• Loan Boarding Fee $150Escrow Funds‌The total escrow amount identified on the Additional Information File will be debited from the Selling PFI’s main account at their MPF Bank concurrent with the purchase of the whole loan.

  • Compliance should be indicated on the servicing compliance checklist page (Loan Boarding Section).

  • Late Charges Servicer Retains CLIENT Initial: EXHIBIT B LOAN BOARDING ADDENDUM This Loan Boarding Addendum ("Addendum") is entered into pursuant to, and incorporates herein by reference, the terms and conditions of the Servicing Agreement, entered into as of October 20, 2017 (the "Agreement"), by and between “Client") and Inc.

  • Additionally, the plaintiffs claim that Vince’s “firearms-related opinions,” ( see Vince Decl., ECF No. 44-8, ¶¶ 10– 19, 31–32), should be excluded as outside his area of expertise.

  • Then from there I went to work at Arvest Mortgage Center, where I was a Loan Boarding Specialist.

  • Set up of loan closed according to current matrix (Exhibit C) on Alltel Servicing System based upon complete loan information provided by New Century and documented on the New Loan Boarding sheet (Exhibit B).

  • Some pathways are also generating statistical process control (SPC) and run charts to monitor their progress over time.

  • Standard Electronic files to be transferred to or from FA • Credit Bureau Reporting Files (Experian, Equifax, or Transunion) • Lockbox Files (retail and wholesale) • Western Union Quick Collect File • Western Union Phone Pay File • ACH File • New Loan Boarding File (Origination system file) • Data extract File • Returned Item File (if applicable) • Deboarding File IVR Interactive Voice Response system, which is component of the In Contact platform, a product licensed by FA.

  • EXHIBIT B LOAN BOARDING ADDENDUM This Loan Boarding Addendum (“Addendum”) is entered into pursuant to, and incorporates herein by reference, the terms and conditions of the Servicing Agreement, entered into as of March 26, 2019 (the “Agreement”), by and between AF 2019 NPL A, LLC (“Client”) and Land Home Financial Services, Inc.

  • The Council’s Environmental Services department were consulted on this application and this development would be required to provide 3 x 360ltr landfill bins, 2 x 360ltr comingled dry recycling bins and 1 x 140ltr food recycling bin.

Related to Loan Boarding

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • High Cost Loan is each loan identified in the column "Category under applicable anti-predatory lending law" of the table entitled "Standard & Poor's High Cost Loan Categorization" in the Glossary as each such loan is defined in the applicable anti-predatory lending law of the State or jurisdiction specified in such table and (y) a "Covered Loan" is each loan identified in the column "Category under applicable anti-predatory lending law" of the table entitled "Standard & Poor's Covered Loan Categorization" in the Glossary as each such loan is defined in the applicable anti-predatory lending law of the State or jurisdiction specified in such table.

  • Non-Administrator Ambulatory Surgical Facility means an Ambulatory Surgical Facility which does not meet the definition of an Administrator Ambulatory Surgical Facility.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Subloan means a loan made or proposed to be made partially out of the proceeds of the Loan by a Participating Bank to a Beneficiary (as such term is hereinafter defined) under Parts D and I of the Project for the financing of the investments and associated working capital under Subprojects (as such term is hereinafter defined);

  • Medical cannabis dispensary means an organization issued a

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Firearm trade association means any person, corporation, unincorporated association, federation, business league, or business organization that:

  • Cannabis establishment means a cannabis cultivator, a cannabis manufacturer, a cannabis wholesaler, or a cannabis retailer.

  • Distressed Mortgage Loan Any Mortgage Loan that at the date of determination is Delinquent in payment for a period of 90 days or more without giving effect to any grace period permitted by the related Mortgage Note or for which the applicable Servicer or the Trustee has accepted a deed in lieu of foreclosure.

  • Cannabis dispensary or “cannabis retailer” means a facility, whether fixed or mobile, operated in accordance with state and local laws and regulations, where cannabis and/or cannabis products are offered for retail sale, including a facility that delivers cannabis and/or cannabis products as part of a retail sale.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Diocesan Board of Education means that body constituted under the Diocesan Boards of Education Measure 1991 for the Diocese and any successor body;

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Ambulatory surgical facility means a facility that:  Is licensed by the state where it is located.  Is equipped and operated mainly to provide for surgeries or obstetrical deliveries.  Allows patients to leave the facility the same day the surgery or delivery occurs.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Refinanced Mortgage Loan A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.

  • Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;