Mortgage Loan Pool definition

Mortgage Loan Pool means the pool of Mortgage Loans, which are the primary assets of the Trust Fund.
Mortgage Loan Pool. A group of Mortgage Loans purchased by Purchaser hereunder and subject to a single Confirmation.

Examples of Mortgage Loan Pool in a sentence

  • Payment of the Purchase Price for a Mortgage Loan or Mortgage Loan Pool, as the case may be, is subject to the adjustments, pro rations and credits set forth in this Agreement.

  • The Purchase Price for a Mortgage Loan or Mortgage Loan Pool shall be paid by the Buyer on the related Purchase Date, by wire transfer, in immediately available funds.

  • The aggregate Purchase Price for the sale and transfer of each Mortgage Loan or Mortgage Loan Pool, as the case may be, shall be set forth on the related Purchase Advice.


More Definitions of Mortgage Loan Pool

Mortgage Loan Pool. Consists of two groups: GROUP I consists of $68,704,791.31 of fixed mortgage loans secured by first lien, level pay and balloon mortgages on primarily 1 - 4 family properties (the "Group I Mortgage Loans"). GROUP II consists of $138,694,368.51 of adjustable rate mortgage loans secured by first lien, level pay mortgages on primarily 1 - 4 family properties (the "Group II Mortgage Loans").
Mortgage Loan Pool. The pool of Mortgage Loans held by the Trust, which secure the obligations of the Trust with respect to the Class A Notes, as reflected on the Mortgage Loan Schedule.
Mortgage Loan Pool. The pool of Mortgage Loans.
Mortgage Loan Pool. The Mortgage Loans in the aggregate and any REO Properties acquired in respect thereof.
Mortgage Loan Pool. The pool of Mortgage Loans consisting of the Mortgage Loans in Group I and the Mortgage Loans in Group II.
Mortgage Loan Pool means a pool of two or more Mortgage Loans sold to the Buyer for the benefit of the Buyer’s designees by the Seller on a Purchase Date.
Mortgage Loan Pool. A group of specified Mortgage Loans as identified on a Mortgage Loan Schedule which will be the subject of a transaction under the terms described in this Agreement.