Ownit definition

Ownit or the "Transferor") (the "Transfer Agreement"), the Seller has purchased or received certain mortgage loans identified on the Mortgage Loan Schedule attached hereto as Schedule A (the "Mortgage Loans");
View Source
Ownit. Ownit Mortgage Solutions, Inc., a California Corporation, or its successor in interest.
View Source
Ownit. Ownit, and any successor thereto.
View Source

Examples of Ownit in a sentence

  • The Trustee initially designates its offices at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Attention: Ownit 2006-3 as offices for such purposes.

  • This Certificate is one of a duly authorized issue of Certificates designated as Ownit Mortgage Loan Asset-Backed Certificates of the Series specified on the face hereof (herein called the "Certificates") and representing the Percentage Interest specified on the face hereof.

  • With respect to each Ownit Mortgage Loan, the title policy does not contain any special exceptions (other than the standard exclusions) for zoning and uses and has been marked to delete the standard survey exception or to replace the standard survey exception with a specific survey reading.

  • Each Ownit Mortgage Loan was originated by a mortgagee approved by the Secretary of Housing and Urban Development pursuant to Sections 203 and 211 of the National Housing Act, savings and loan association, a savings bank, a commercial bank, credit union, insurance company or other similar institution which is supervised and examined by a federal or state authority.

  • All individual insurance policies contain a standard mortgagee clause naming Ownit and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days' prior written notice to the mortgagee.

  • No Ownit Mortgage Loan contains terms or provisions which would result in negative amortization.

  • With respect to each Ownit Mortgage Loan, if, pursuant to the terms of the Mortgage Note, another index was selected for determining the mortgage interest rate, the same index was used with respect to each Mortgage Note which required a new index to be selected, and such selection did not conflict with the terms of the related Mortgage Note.

  • The Securities Administrator initially designates its offices at ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Attention: Client Services Manager - Ownit Mortgage Loan Trust, Series 2005-4 as offices for such purposes.

  • The Trustee initially designates its offices at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Attention: Ownit 2006-7 as offices for such purposes.

  • With respect to each Ownit Mortgage Loan, no escrow deposits or escrow payments or other charges or payments due the Seller have been capitalized under the Mortgage or the Mortgage Note.


More Definitions of Ownit

Ownit. Ownit Mortgage Solutions, Inc. and any successor thereto.
View Source

Related to Ownit

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Noncommercial motor vehicle means any motor vehicle, including a farm truck as defined in section 4503.04 of the Revised Code, that is designed by the manufacturer to carry a load of no more than one ton and is used exclusively for purposes other than engaging in business for profit.

  • M2M Flowgate means Flowgates where constraints are jointly monitored and coordinated as defined and set forth in Schedule D to this Agreement.

  • ABS means asset-backed securities.

  • Commercial Partners means any third party with whom a contract is lawfully concluded for the exploitation of the Commercial Rights;