Loss Mitigation Fee definition

Loss Mitigation Fee. As to each Mortgage Loan and any Distribution Date, an amount equal to one month's interest at the Loss Mitigation Fee Rate on the Stated Principal Balance of such Mortgage Loan as of the Due Date in the month of such Distribution Date (prior to giving effect to any Scheduled Payments due on such Mortgage Loan on such Due Date).

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Loss Mitigation Fee. As to each Mortgage Loan and any Distribution Date, an amount equal to one twelfth of the product of the Loss Mitigation Fee Rate multiplied by the Scheduled Principal Balance of the Mortgage Loans as of the Due Date in the preceding calendar month.

Loss Mitigation Fee. RATE: 0.015% per annum.

Examples of Loss Mitigation Fee in a sentence

• WILDE shall attempt to collect all or part of the Loss Mitigation Fee from the Lender(s) under Attorney’s Fees on the HUD-1 at closing.

• The BUYER is not responsible for any shortfall if the amount of Lender approved Seller Paid Closing Costs does not cover the remaining Loss Mitigation Fee.

• The BUYER is therefore responsible for paying the remaining portion of the 4% Loss Mitigation Fee but only up to the amount equal to the Seller Paid Closing Costs approved by the Lender(s).

• WILDE shall receive a Loss Mitigation Fee equal to 3% of the sale price of the property.

• The calculation of the Trustee Fee, the Servicing Fee, the Loss Mitigation Fee and interest on the Class A-IO and Class X-1 Certificates and on the related Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30-day months.

• The calculation of the Trustee Fee, the Servicing Fee, the Loss Mitigation Fee and interest on the Class A-1, Class A-IO and Class X-1 Certificates and on the related Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30-day months.

• The calculation of the Trustee Fee, the Servicing Fee, the Loss Mitigation Fee and interest on the Class A-IO, Class X-1 and Class B-2 Certificates and on the related Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30-day months.

• BUYER authorizes the closing attorney to put that remaining portion of the Loss Mitigation Fee as a BUYER’s expense on the HUD as outlined above.

• The calculation of the Trustee Fee, the Servicing Fee, the Pool Insurer Fee, the Special Hazard Insurer Fee, the Loss Mitigation Fee, the Certificate Insurer Premium and interest on the Group I, Class II-A-IO and Class II-X Certificates and on the related Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30-day months.

• The calculation of the Trustee Fee, the Servicing Fee, the Pool Insurer Fee, the Loss Mitigation Fee, the Certificate Insurer Premium and interest on all other Classes of Certificates and Components and Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30-day months.

More Definitions of Loss Mitigation Fee

Loss Mitigation Fee. As defined in the Special Servicing Compensation Agreement.

Loss Mitigation Fee. Rate: 0.0175% per annum.

Loss Mitigation Fee. As to each Mortgage Loan and any Distribution Date, an amount equal to one month's interest at the Loss Mitigation Fee Rate on the Stated Principal Balance of such Mortgage Loan as of the Due Date in the month of such Distribution Date (prior to giving effect to any Scheduled Payments due on such Mortgage Loan on such Due Date). Loss Mitigation Fee Rate: 0.009719% per annum.