Mortgage Investment definition

Mortgage Investment means an investment by the Trust in a Mortgage;
Mortgage Investment means a direct or indirect interest in a tax-exempt mortgage revenue Bond secured by a Property, including residual interests in one or more trusts which hold tax-exempt mortgage revenue Bonds, and any other loan (whether or not the interest thereon is exempt from federal income taxation) secured by a mortgage on a Property on which the Partnership also directly or indirectly holds a tax-exempt mortgage revenue Bond.
Mortgage Investment means a direct or indirect interest in a tax-exempt mortgage revenue bond secured by a Property, including residual interests in one or more trusts which hold tax-exempt mortgage revenue bonds, and any other loan (whether or not the interest thereon is exempt from federal income taxation) secured by a mortgage on a Property on which the Partnership also directly or indirectly holds a tax-exempt mortgage revenue bond.

Examples of Mortgage Investment in a sentence

  • An entity treated as a Real Estate Mortgage Investment Conduit (REMIC) for federal income tax purposes.

  • An entity treated as a Real Estate Mortgage Investment Conduit (REMIC) for federal income tax pur- poses.

  • The address of the company’s registered head office and principal place of business is Suite 900, 20 Adelaide Street East, Toronto, Ontario M5C 2T6.The company is a Mortgage Investment Corporation (MIC) as defined in Section 130.1(6) of the Canada Income Tax Act (ITA).

  • Specifically, Act 1011 of 2019requires occupational licensing entities to promulgate rules providing for reciprocity and temporary licensure.

  • Unless you find a substitute investor, it is not possible to withdraw your investment during the term of a Mortgage Investment.


More Definitions of Mortgage Investment

Mortgage Investment means the assets of the Company invested in any mortgage loans, mortgage-backed securities, notes, bonds or other evidences of indebtedness or obligations which are secured or collateralized by interests in real estate.
Mortgage Investment means any Covered Security that may be held by the Trust in accordance with its investment restrictions and policies, including without limitation:
Mortgage Investment means a direct or indirect interests in tax-exempt mortgage revenue bonds secured by a Property, including residual interests in one or more trusts which hold tax-exempt mortgage revenue bonds.
Mortgage Investment means the loan facility secured by a registered first mortgage and may include cash retained for prepayment of interest, construction funding or repayment (in full or in part) of the loan facility.
Mortgage Investment means a loan facility to be made available by the Fund secured (in most cases) by a registered first mortgage as described in the Investment Proposal;
Mortgage Investment means any investment in a secured ------------------ note, mortgage, deed of trust, collateralized mortgage obligations, commercial mortgage-backed securities, other secured debt securities, secured debt derivative or other debt instruments, so long as such investment relates directly or indirectly to Real Property Assets of the type described in clause (a) of the definition of "Eligible Property" hereunder.
Mortgage Investment as defined by New York Real Property Law Section 125, then this Mortgage shall and hereby does (i) confer upon the Mortgagee the powers and (ii) impose upon the Mortgagee the duties of trustees set forth in New York Real Property Law Section 126.