NHA MBS definition

NHA MBS means mortgage backed-securities issued under the insured mortgage pooling program administered by CMHC pursuant to the National Housing Act (Canada);
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NHA MBS means National Housing Act — Mortgage Backed Securities. “OBCA” means the Business Corporations Act (Ontario).
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Examples of NHA MBS in a sentence

  • The CPTA and its employees shall comply with all requirements of any and all privacy or access to information legislation applicable to it under Applicable Law, including, without limitation, the Privacy Act (Canada) and the Personal Information Protection and Electronic Documents Act (Canada), and the use of any “personal information” (as defined in such Acts) that it may obtain under or in connection with the NHA MBS Program.

  • The CPTA agrees that, except where specifically provided in Schedule A - Fee Schedule to this CPTA Agreement, the payment of the fees for the services rendered by the CPTA shall be the obligation of the MBS issuer or the registered owner of the NHA MBS certificate on behalf of whom or for the benefit of whom the service was rendered by the CPTA.

  • In relation to the secondary market, the CPTA shall calculate, consolidate and disseminate to CMHC and the investment community, NHA MBS pool information, in the format specified in Schedule C - Data Forms and such other information as may be required from time to time by the Corporation.

  • In addition, the CPTA shall maintain computerized facilities, readily adaptable to NHA MBS Program needs, be able to receive electronically from the CMHC approved issuers of MBS (hereafter referred to as “MBS issuers”) mortgage and other data required for the NHA MBS Program, including the CMHC 2840 monthly accounting report data outlined in the MBS Guide.

  • The CPTA agrees that the fees set out in Schedule A - Fee Schedule shall be the fees that the CPTA shall apply to all services rendered by the CPTA to the Corporation and to all issuers in respect of all issues of NHA MBS and to all owners of NHA MBS certificates.

  • There occurs a material default by the CPTA in any capacity under any agreement to which it is a party under the NHA MBS Program or the CMHCCanada Mortgage Bonds Program.

  • The CPTA will provide registration and transfer facilities to investors in NHA MBS in at least the following locations: Montreal, Toronto, and Vancouver and drop off locations in Halifax, Winnipeg and Calgary.

  • Any and all information, data, files and reports provided under or in connection with the NHA MBS Program, which were not produced principally for another purpose, regardless of the media, which have been communicated to or learned by the CPTA in connection with the provision by the CPTA of the CPTA Services (the “Learned Information”) will be and remain the exclusive property of the Corporation.

  • The parties to this CPTA Agreement agree to negotiate changes to the CPTA Services and fees that result from changes to the NHA MBS Program Guide which would have significant costs implications for the CPTA.

  • Without limiting the generality of the forgoing, the CPTA shall not charge, collect or accept any additional fee for the said services and shall not offer any discount or rebate without CMHC’s consent, or charge, collect or accept any premium, surcharge or penalty for the said services from any MBS issuer in respect of any issue of NHA MBS or from any owner of an NHA MBS certificate.