Number of Mortgage Loans definition

Number of Mortgage Loans. 1,449 Aggregate Principal Balance ($): 389,449,441 Weighted Average Current Mortgage Rate (%): 6.747 Non-Zero Weighted Average Margin (%): 6.176 Non-Zero Weighted Average Maximum Rate (%): 13.436 Weighted Average Stated Original Term (months): 360 Weighted Average Stated Remaining Term (months): 357 Weighted Average Combined Original LTV (%): 80.96 % First Liens: 100.00 % Owner Occupied: 99.66 % Purchase: 54.58 % Full Doc: 41.51 Non-Zero Weighted Average Credit Score: 652
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Number of Mortgage Loans. 882 Total Current Balance: 178,565,874.31 Average Current Balance: 202,455.64 Weighted Average FICO Score: 648.6 Weighted Average Current LTV: 83.99 Weighted Average DTI Ratio: 40.76 % Cash-Out Refinance: 0.0 % Full Documentation: 0.0 % Owner Occupied: 89.0 Weighted Average Coupon: 7.054 Weighted Average Margin: 5.526 % 2-4 Family: 12.6 % MH: 0.0 % PUD: 11.2 % Condo: 8.6 % Silent Second: 37.36 # of Bankruptcy's in past 36 months: N/A # of Foreclosures in past 36 months: N/A ---------------------------------------------------------------------------- Selection Criteria: Stated Documentation & Refinance - Cashout ============================================================================
Sample 1
Number of Mortgage Loans. 512 Total Current Balance: 98,643,932.94 Average Current Balance: 192,663.93 Weighted Average FICO Score: 605.8 Weighted Average Current LTV: 81.69 Weighted Average DTI Ratio: 41.17 % Cash-Out Refinance: 0.0 % Full Documentation: 100.0 % Owner Occupied: 97.8 Weighted Average Coupon: 7.101 Weighted Average Margin: 6.338 % 2-4 Family: 8.6 % MH: 0.6 % PUD: 7.4 % Condo: 5.6 % Silent Second: 9.95 # of Bankruptcy's in past 36 months: N/A # of Foreclosures in past 36 months: N/A ----------------------------------------------------------------- Selection Criteria: Limited Documentation & Refinance - Rate Term ================================================================= Number of Mortgage Loans: 87 Total Current Balance: 19,363,620.38 Average Current Balance: 222,570.35 Weighted Average FICO Score: 606.9 Weighted Average Current LTV: 83.03 Weighted Average DTI Ratio: 39.44 % Cash-Out Refinance: 0.0 % Full Documentation: 0.0 % Owner Occupied: 96.1 Weighted Average Coupon: 7.067 Weighted Average Margin: 6.367 % 2-4 Family: 2.9 % MH: 1.0 % PUD: 15.6 % Condo: 8.6 % Silent Second: 11.90 # of Bankruptcy's in past 36 months: N/A # of Foreclosures in past 36 months: N/A ------------------------------------------------------------------ Selection Criteria: Stated Documentation & Refinance - Rate Term ==================================================================
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Examples of Number of Mortgage Loans in a sentence

  • Number of Mortgage Loans % of Initial Cohort PoolMortgage loans with Current Status Reference Pool Appendix A attached hereto sets forth some of the material characteristics of the Reference Pool.Documentation TypeFreddie Mac requires the seller to obtain verifications and documentation for each source of qualifying income and assets identified by the mortgagor in the application.

  • Property Types of the Group I Mortgage Loans Property Type Number of Mortgage Loans (1) PUD refers to a home or “unit” in a Planned Unit Development.

  • Repayment, flexi and interest only Number of Mortgage Loans (including Further Advances)..........

  • The Provisional Mortgage Pool has the following general characteristics: Aggregate Mortgage Outstanding Principal Amount EUR 383,601,817 Number of Mortgage Loans 1,955Number of Mortgage Loan parts 2,326 Average current Mortgage Outstanding Principal Amount EUR 196,216 Weighted average loan to market value ratio at origination 92.79 per cent.

  • September 2046 — Number of Mortgage Loans covered by MortgageInsurance .

  • The Provisional Mortgage Pool has the following general characteristics: Aggregate Mortgage Outstanding Principal Amount EUR 379,339,251.33 Number of Mortgage Loans 1,978Number of Mortgage Loan parts 2,666 Average current Mortgage Outstanding Principal Amount EUR 191,779 Weighted average loan to market value ration at origination 87.92 per cent.

  • Repayment and interest only Number of Mortgage Loans (including Further Advances) ......

  • Banana has recorded a loss in reserves of $14 million calculated as the difference between the price paid of $18 million and the fair value of $4 million at the reporting date.

  • Intrastate work shall be allocated to Contract Carriers operating vehicles in each capacity division on the principle of work involving the longest distance being allocated to the Contract Carrier with the lowest accrued distance.

  • Lifetime Rate(9): 14.05% N/A 14.39% N/A ----------------------------------------- --------------- -------------- --------------- ------------- ----------------------------------------- ----------------------------- --------------- Group III ----------------------------- Adjustable Rate Fixed Rate Aggregate --------------- ------------- --------------- Scheduled Principal Balance: $251,425,681 $71,606,608 $1,010,963,897 Number of Mortgage Loans: 771 622 5,677 Avg.


More Definitions of Number of Mortgage Loans

Number of Mortgage Loans. 193 Total Current Balance: 47,481,848.90 Average Current Balance: 246,019.94 Weighted Average FICO Score: 638.7 Weighted Average Current LTV: 77.97 Weighted Average DTI Ratio: 39.28 % Cash-Out Refinance: 0.0 % Full Documentation: 0.0 % Owner Occupied: 96.6 Weighted Average Coupon: 6.851 Weighted Average Margin: 6.229 % 2-4 Family: 11.7 % MH: 0.0 % PUD: 6.5 % Condo: 5.7 % Silent Second: 17.83 # of Bankruptcy's in past 36 months: N/A # of Foreclosures in past 36 months: N/A
Sample 1
Number of Mortgage Loans. 238 Aggregate Principal Balance: 85,953,889 Weighted Average Current Mortgage Rate: 9.212 Weighted Average Margin: 6.506 Weighted Average Maximum Rate: 16.265 Weighted Average Original Term: 360 Weighted Average Stated Remaining Term: 357 Weighted Average Original LTV: 77.04 % Owner Occupied: 96.38 % Purchase: 17.32 % Full Doc: 46.19
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Number of Mortgage Loans. Mortgage Loans: _________________
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Related to Number of Mortgage Loans

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Group I Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group I Mortgage Loans.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Group III Mortgage Loans and "Group IV Mortgage Loans," respectively), formed by Wells Fargo Asset Securities Corporation (hereinafter called the "Depxxxxxr," which term includes any successor entity under the Agreement referred to below). The Trust Estate was created pursuant to a Pooling and Servicing Agreement dated as of February 27, 2006 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer") anx X.X. Bank National Association, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereinafter. To the extent not defined herein, the capitalized terms used herein have the meanings ascribed to such terms in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing on the first Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the Group II-A Distribution Amount for the Class II-A-7 Certificates required to be distributed to Holders of the Class II-A-7 Certificates on such Distribution Date, subject to adjustment in certain events as specified in the Agreement. Distributions in reduction of the Principal Balance of certain Classes of Class A Certificates may not commence on the first Distribution Date specified above. Distributions of principal will be allocated among the Classes of Group II-A Certificates in accordance with the provisions of the Agreement. The pass-through rate on the Class II-A-7 Certificates applicable to each Distribution Date will be 5.500% per annum. The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class II-A-7 Certificates, as described in the Agreement. Distributions on this Certificate will be made by the Paying Agent by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register, unless such Person is entitled to receive payments by wire transfer in immediately available funds in accordance with the Agreement and such Person has notified the Paying Agent pursuant to the Agreement that such payments are to be made by wire transfer of immediately available funds. Notwithstanding the above, the final distribution in reduction of the Principal Balance of this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency of the Paying Agent specified for that purpose in the notice of final distribution. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate constitutes a "regular interest" in a "real estate mortgage investment conduit" as those terms are defined in Section 860G(a)(1) and Section 860D, respectively, of the Internal Revenue Code of 1986, as amended. Unless this Certificate has been countersigned by an authorized officer of the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

  • Group II Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group II Mortgage Loans.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • Mortgage Pool The pool of Mortgage Loans, identified on Schedule 1 from time to time, and any REO Properties acquired in respect thereof.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • MERS Eligible Mortgage Loan Any Mortgage Loan that has been designated by the Servicer as recordable in the name of MERS.

  • Balloon Mortgage Loan A Mortgage Loan that provides for the payment of the unamortized principal balance of such Mortgage Loan in a single payment at the maturity of such Mortgage Loan that is substantially greater than the preceding monthly payment.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • Mortgage Loan Group Either Group I or Group II.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • Subsequent Mortgage Loan A Mortgage Loan sold by the Depositor to the Trust Fund pursuant to Section 2.08, such Mortgage Loan being identified on the Mortgage Loan Schedule attached to a Subsequent Transfer Instrument.

  • Mortgage Loan Rate means, as of any date of determination, the weighted average of the Note A Rate and the Note B Rate.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.