Definition of Mortgage Loans

  1. Mortgage Loans means fully-disbursed whole loans evidenced by Mortgage Notes which are secured by Mortgages that constitute a first lien on one-to-four unit dwellings or Multi-Family Properties, and any endorsements or assignments thereof.

Examples of Mortgage Loans in a sentence

  1. The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement.
  2. The purchase and sale of the Mortgage Loans shall take place on March 14, 2017 or such other date as shall be mutually acceptable to the parties hereto (the "Closing Date").
  3. Termination Upon Repurchase or Liquidation of All Mortgage Loans.

Definition of Mortgage Loans in Indenture

Mortgage Loans means fully-disbursed whole loans evidenced by Mortgage Notes which are secured by Mortgages that constitute a first lien on one-to-four unit dwellings or Multi-Family Properties, and any endorsements or assignments thereof.


Definition of Mortgage Loans in Security Agreement

Mortgage Loans means Loans secured by real property or interests in real property that are or were owned, originated (or in the process of origination), made, entered into, serviced or subserviced by the Company or its Subsidiaries.


Definition of Mortgage Loans in Management Agreement

Mortgage Loans means investments of the Company that are notes, debentures, bonds and other evidence of indebtedness or obligations that are negotiable or non-negotiable, which are secured or collateralized by mortgages or deeds of trust. (aa) "NYSE MKT" means the NYSE MKT LLC. (bb) "Person" means any individual, corporation, partnership, joint venture, limited liability company, estate, trust, unincorporated association, any federal, state, county or municipal government or any bureau, department or agency thereof and any fiduciary acting in such capacity on behalf of any of the foregoing. (cc) "Portfolio Management Services" has the meaning set forth in Section 2(b) of this Agreement. (dd) "REIT" means a "real estate investment trust" as defined under the Code. (ee) "SDAT" means the State Department of Assessments and Taxation of Maryland. (ff) "Securities Act" means the Securities Act of 1933, as amended. (gg) "Subsidiary" means any subsidiary of the Company; any partnership, the general partner of which is the Company or any subsidiary of the Company; any limited liability company, the managing member of which is the Company or any subsidiary of the Company; and any corporation or other entity of which a majority of (i) the voting power of the voting equity securities or (ii) the outstanding equity interests is owned, directly or indirectly, by the Company or any subsidiary of the Company. (hh) "Termination Notice" has the meaning set forth in Section 8(b) of this Agreement.