Examples of Original Balance in a sentence
With respect to partial interest-only Mortgage Assets determined to be non-amortizing as of the Cut-off Date and full term interest-only Mortgage Assets (if any), the Cut-off Date Balance was set to equal the Original Balance.
For loans with an Original Balance below $40,000,000 a non-consolidation opinion is not required.
Yes” or “No”, as applicable, if Original Balance is equal or higher than $40,000,000 a non-consolidation opinion is required, unless waived by Freddie Mac as stated in the Commitment Letter.
With respect to partial interest-only Mortgage Assets determined to be non-amortizing as of the Cut-off Date and full term interest-only Mortgage Assets (if any), the Cut-Off Balance was set to equal the Original Balance.
When data was available, the following data elements were compared: Appraised Value Interest Rate Original Balance QM TypeCLTV Lien Position P&I Payment TermDoc Level LTV Property City DTI Note Date Property State FICO Note Type Property Zip First Payment Date Occupancy Purpose The aggregator provided CRES with loan level data regarding the mortgage loans for the data integrity check.