Mortgage Loan Schedule and Exception Report definition

Mortgage Loan Schedule and Exception Report has the meaning assigned to such term in the Custodial Agreement.
Mortgage Loan Schedule and Exception Report means the mortgage loan schedule and exception report prepared by the Custodian pursuant to the Custodial Agreement.
Mortgage Loan Schedule and Exception Report means the mortgage loan schedule and exception report prepared by the Custodian pursuant to the Custodial and Disbursement Agreement.

Examples of Mortgage Loan Schedule and Exception Report in a sentence

  • Member Handbook Page Intentionally Lefi Blank 2021 PERA Member Handbook Welcome Dear PERA Members, The Board of Trustees and the staff of PERA are pleased to welcome you to your retirement Association.

  • The Custodian has not noted any material exceptions on a Mortgage Loan Schedule and Exception Report with respect to the Mortgage Loan which would materially adversely affect the Mortgage Loan or Buyer’s interest in the Mortgage Loan.

  • Each Purchased Mortgage Loan conforms to the description thereof as set forth on the related Mortgage Loan Schedule and Exception Report delivered to the Custodian and Buyer.


More Definitions of Mortgage Loan Schedule and Exception Report

Mortgage Loan Schedule and Exception Report means a list of Purchased Mortgage Loans delivered by the Custodian to the Buyer, reflecting the Mortgage Loans held by the Custodian for the benefit of the Buyer, which includes codes indicating any exceptions with respect to each Mortgage Loan listed thereon. Each Mortgage Loan Schedule and Exception Report shall set forth (a) the Mortgage Loans being purchased by the Buyer on any applicable Purchase Date as well as the Mortgage Loans previously purchased by the Buyer and held by the Custodian hereunder, and (b) all exceptions with respect thereto, with any updates thereto from time to time last delivered.
Mortgage Loan Schedule and Exception Report means a list of Eligible Mortgage Loans delivered by the Custodian to the Lender on each Business Day, reflecting the Mortgage Loans held by the Custodian for the benefit of the Lender, which includes codes indicating any Exceptions with respect to each Mortgage Loan listed thereon. Each Mortgage Loan Schedule and Exception Report shall set forth (a) the Mortgage Loans being pledged to the Lender on any applicable Funding Date as well as the Mortgage Loans previously pledged to the Lender and held by the Custodian hereunder, (b) any Mortgage Loan that has been released to the Borrower pursuant to Section 5 hereof and the date such Mortgage Loan was released and (c) all Exceptions with respect thereto, with any updates thereto from the time last delivered.
Mortgage Loan Schedule and Exception Report means a list of Eligible Mortgage Loans delivered by the Custodian to the Lender on each Business Day, reflecting the Mortgage Loans held by the Custodian for the benefit of the Lender, which includes codes indicating any Exceptions with respect to each Mortgage Loan listed thereon. Each Mortgage Loan Schedule and Exception Report shall set forth (a) the Mortgage Loans being pledged to the Lender on any applicable Funding Date as well as the Mortgage Loans previously pledged to the Lender and held by the Custodian hereunder, (b) all Exceptions with respect thereto, with any updates thereto from the time last delivered and (c) whether any of the Mortgage Loans being pledged to the Lender on any applicable Funding Date as well as the Mortgage Loans previously pledged to the Lender and held by the Custodian hereunder are Limited File Loans.
Mortgage Loan Schedule and Exception Report. A list of the Mortgage Loans held by the Custodian for the benefit of the Registered Holder pursuant to this Agreement, accompanied by codes indicating any Exceptions with respect to each Mortgage Loan listed thereon. Each Mortgage Loan Schedule and Exception Report shall set forth all Exceptions with respect thereto, with any updates thereto from the time last delivered.
Mortgage Loan Schedule and Exception Report means a list of Eligible Mortgage Loans delivered by the Custodian to the Lender on each Business Day, reflecting the Mortgage Loans held by the Custodian for the benefit of the Lender as of the close of business on the Business Day prior to the date of delivery, which includes codes indicating any Exceptions with respect to each Mortgage Loan listed thereon. Each Mortgage Loan Schedule and Exception Report shall set forth (a) shall be in a form acceptable to Merrxxx Xxxcx, (x) the Mortgage Loans being pledged to the Lender on any applicable Funding Date as well as the Mortgage Loans previously pledged to the Lender and held by the Custodian hereunder, and (c) all Exceptions with respect thereto, with any updates thereto from the time last delivered.
Mortgage Loan Schedule and Exception Report means a list of Mortgage Loans delivered by the Bailee to the Lender on the Funding Date, reflecting the Mortgage Loans held by the Bailee for the benefit of the Lender, which includes any Exceptions with respect to each Mortgage Loan listed thereon. Each Mortgage Loan Schedule and Exception Report shall set forth (a) the Mortgage Loans being pledged to the Lender on the Funding Date as well as the Mortgage Loans previously pledged to the Lender (if any) and held by the Bailee under this Bailee Agreement, and (b) all Exceptions with respect thereto, with any updates thereto from the time last delivered; and
Mortgage Loan Schedule and Exception Report means a list of Eligible Mortgage Loans delivered by the Custodian to the Buyer Agent on each Business Day, reflecting the Mortgage Loans held by the Custodian for the benefit of the Buyer Agent on behalf of the Buyers, which includes codes indicating any Exceptions with respect to each Mortgage Loan listed thereon. Each Mortgage Loan Schedule and Exception Report shall set forth (a) the Mortgage Loans being sold to the Buyers on any applicable Purchase Date as well as the Mortgage Loans previously sold to the Buyers and held by the Custodian hereunder, (b) any Mortgage Loan that has been released to a Seller pursuant to Section 5 hereof and the date such Mortgage Loan was released and (c) all Exceptions with respect thereto, with any updates thereto from the time last delivered. "Officer's Certificate" shall mean a certificate signed by a Responsible Officer of the Person delivering such certificate and delivered as required by this Custodial Agreement.