Mortgage Component definition

Mortgage Component. The portions of Pool 1 or Pool 2 Mortgage Loans that relate to a Subgroup.
Mortgage Component. All or a portion of a Mortgage Loan that comprises a Loan Group. With respect to the Loan Groups, a Mortgage Component is also considered a Mortgage Loan.
Mortgage Component. Each portion of a Mortgage Loan allocated to a Subgroup pursuant to the definitions of Subgroup 1, Subgroup 2, Subgroup 3 and Subgroup 4, as applicable.

Examples of Mortgage Component in a sentence

  • Mortgage loans held by the Single-Family Mortgage Component of the Agency have stated interest rates and are secured by first liens on the related real property.

  • Based on the foregoing, the Manager shall determine the aggregate value for all Funds of each of the Mortgage Component and the Cash Component on each Valuation Date.

  • Each of the aggregate values for the Cash Component and the Mortgage Component shall in turn be aggregated for each Valuation Date during a Fee Period and then each of such resulting aggregates shall be averaged by being divided by the number of Valuation Dates during the Fee Period.

  • The Manager's Fee for the Mortgage Component and the Cash Component shall be calculated for the purposes of this paragraph 4 in bands based on the above sliding scales.

  • The amount of the Manager's Fee for the Cash Component and the Mortgage Component for each Fee Period shall then be apportioned to each Fund pro rata and shall be payable by the Trustee as trustee of each Fund in arrears on each Fee Payment Date to the Manager.


More Definitions of Mortgage Component

Mortgage Component. Any Mortgage Components in Subgroup 4-1.
Mortgage Component. The portions of Pool 1, Pool 2 or Pool 4 Mortgage Loans that relate to a Subgroup.
Mortgage Component. Any Mortgage Component in Subgroup 3-1.
Mortgage Component. Each portion of a Mortgage Loan allocated to a Group pursuant to Section 2.07.
Mortgage Component. Each portion of a Mortgage Loan allocated to a Subgroup pursuant to the definitions of Subgroup A-P, Subgroup 1-1, Subgroup 1-2, Subgroup 1-3, Subgroup 2-1, Subgroup 2-2, Subgroup 2-3, Subgroup 3-1, Subgroup 3-2, Subgroup 3-3, Subgroup 4-1, Subgroup 4-2, Subgroup 4-3 and Subgroup 5-1, as applicable.
Mortgage Component shall have the meaning set forth in Sections 3.1.1.
Mortgage Component. That portion of a Mortgage Loan in Pool 1, Pool 2, Pool 3 or Pool 4 that comprise the Loan Groups related to such Pool. With respect to Loan Groups, a Mortgage Component is also considered a Mortgage Loan.