Loan Modification definition

Loan Modification means, for compensation or

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Loan Modification shall have the meaning specified in Section 10.02(b).

Loan Modification means, for compensation or gain, either directly or indirectly offering or negotiating on behalf of a borrower or homeowner to adjust the terms of a residential mortgage loan in a manner not provided for in the original or previously modified mortgage loan.

Examples of Loan Modification in a sentence

• Additionally, not later than 5:00 p.m. (New York City time) on each related Serviced Whole Loan Remittance Date, the Master Servicer shall deliver or cause to be delivered in electronic format to the related other master servicer under the related Other Pooling and Servicing Agreement any applicable CREFC® Loan Liquidation Reports, CREFC® Loan Modification Reports and CREFC® REO Liquidation Reports received from the Special Servicer.

• Notwithstanding anything herein or in the Loan Modification Agreement, the Loss Restoration Agreement, or any other agreement between the Company and Vertical, so long as Vertical is a holder of Series C Preferred Shares, the Company shall not (i) incur any indebtedness, or (ii) issue any preferred securities or other securities with a liquidation or conversion preference with superiority over Series C Preferred Shares, unless, in each case, Vertical’s prior written consent is first obtained.

More Definitions of Loan Modification

Loan Modification. Any amendment, restatement, supplement, waiver or other modification to any Underlying Instrument with respect to any Loan.

Loan Modification means, with respect to a Mortgage Loan, a change in the terms of such Mortgage Loan or the valuation of the property covered by the relevant Mortgage ordered by a bankruptcy court in a case filed under Chapter 7, 11 or 13 of the federal Bankruptcy Code.

Loan Modification means, with respect to any Loan, any waiver, modification or variance of any term or any consent to the postponement of strict compliance with any term or any other grant of an indulgence or forbearance to the related Borrower in accordance with the Accepted Servicing Practices pursuant to Section 3.1.

Loan Modification means a modification to an

Loan Modification has the meaning set forth in Section 5.1.9.

Loan Modification means a temporary or permanent change to the terms of a borrower's existing mortgage loan agreement, mutually agreed to between a borrower and a lender.

Loan Modification shall have the meaning specified in the third paragraph of Section 10.02(b).