Mortgage Group definition

Mortgage Group. Either of Group One or Group Two.

Mortgage Group shall have the meaning given such term in Section 7 of this Agreement.

Mortgage Group. Pertaining to Mortgage Group One or Mortgage Group Two, as the case may be.

Examples of Mortgage Group in a sentence

• None of the Company, the Master Servicer, GMAC Mortgage Group, LLC or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates.

• This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Residential Accredit Loans, Inc., the Master Servicer, the Trustee referred to below or GMAC Mortgage Group, LLC or any of their affiliates.

• Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Residential Accredit Loans, Inc., the Master Servicer, the Trustee or GMAC Mortgage Group, LLC or any of their affiliates.

• None of the Company, the Master Servicer, GMAC Mortgage Group, Inc.

• This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Residential Accredit Loans, Inc., the Master Servicer, the Trustee referred to below or GMAC Mortgage Group, Inc.

More Definitions of Mortgage Group

Mortgage Group. Any of Group 1 or Group 2.

Mortgage Group. The Mortgage Components in Subgroup 1-1, Subgroup 1-2, Subgroup 1-3, Subgroup 1-4, Subgroup 1-5, Subgroup 2-1, Subgroup 2-2, Subgroup 2-3 or Subgroup 2-4, as the context requires.

Mortgage Group. Either of Mortgage Group I or Mortgage Group II. Mortgage Group I: Pool 1.

Mortgage Group. Either of Group I or Group II.

Mortgage Group shall have the meaning given such term in SECTION 7 of this Agreement.

Mortgage Group. The Mortgage Components in Subgroup 1, Subgroup 2 or Subgroup 3, as the context requires.

Mortgage Group is any group of MS Mortgage Loans identified as a Mortgage Group on Schedule III to this Agreement. The Purchase Price for any repurchased Mortgage Loan shall be payable to Depositor or, subsequent to the assignment of the MS Mortgage Loans to the Trustee, the Trustee as its assignee, by wire transfer of immediately available funds to the account designated by Depositor or its assignee, and Depositor or its assignee, upon receipt of such funds, shall promptly release the related Mortgage File or cause it to be released, to Seller and shall execute and deliver such instruments of transfer or assignment, in each case without recourse, as shall be necessary to vest in Seller title to any Mortgage Loan released pursuant hereto. The Depositor or the Servicer, as applicable, shall deliver to Seller an officer's certificate setting forth the calculation of the Purchase Price.