Portfolio Delinquency Rate definition

Portfolio Delinquency Rate means, as of any date of determination, the ratio of (i) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for any Agency that have monthly payments that are 60 days or more past due (calculated in accordance with the relevant Agency delinquency calculation methodology) to (ii) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for any Agency, in each case, as of the last calendar day of the immediately preceding month.

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Portfolio Delinquency Rate means a percentage equal to (i) the unpaid principal balance of Mortgage Loans serviced by the Business as of the Closing Date that are “30+ delinquent” Mortgage Loans and REOs, as such amount would be calculated pursuant to the guidelines of the Office of Thrift Supervision, over (ii) the unpaid principal balance of Mortgage Loans serviced by the Business on the Closing Date.

Portfolio Delinquency Rate shall have the meaning given the term “DQ2+ Delinquency Ratio” in Chapter 18 of the ▇▇▇▇▇▇ ▇▇▇ Agency Guide.

Examples of Portfolio Delinquency Rate in a sentence

Borrower shall not permit the Portfolio Delinquency Rate with respect to any three-month period for its ▇▇▇▇▇▇ ▇▇▇ or ▇▇▇▇▇▇▇ Mac servicing portfolios to exceed [***].
Borrower shall not permit the Portfolio Delinquency Rate with respect to any three-month period for its ▇▇▇▇▇▇ Mae servicing portfolios to exceed [***].
Borrower shall not permit the Portfolio Delinquency Rate with respect to any three-month period for its ▇▇▇▇▇▇ ▇▇▇ servicing portfolios to exceed [***].
Borrower shall not permit the Portfolio Delinquency Rate with respect to any three-month period for its G▇▇▇▇▇ Mae servicing portfolios to exceed [***].
The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2009, a Portfolio Delinquency Rate of no greater than 8.0%.
Borrower shall not permit the Portfolio Delinquency Rate with respect to any three-month period for its ▇▇▇▇▇▇ ▇▇▇ or Freddie Mac servicing portfolios to exceed [***].
Thereafter, Borrower shall not permit, as of any date, the Servicing Portfolio Delinquency Rate to be greater than [***].
Borrower shall not permit the Portfolio Delinquency Rate with respect to any three-month period for its F▇▇▇▇▇ M▇▇ or F▇▇▇▇▇▇ Mac servicing portfolios to exceed [***].

More Definitions of Portfolio Delinquency Rate

Portfolio Delinquency Rate means, as of any date of determination, (a) the ratio of (i) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for Fannie Mae that have monthly payments that are 60 days or more past due or in foreclosure (calculated in accordance with the relevant Fannie Mae delinquency calculation methodology) to (ii) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for Fannie Mae, in each case, determined as of the end of the most recently ended calendar month, multiplied by (b) 100, expressed as a percentage, calculated in a manner consistent with the Fannie Mae Servicing Contract.

Portfolio Delinquency Rate means, as of any date of determination, (a) the ratio of (i) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for ▇▇▇▇▇▇ ▇▇▇ that have monthly payments that [***] past due or in foreclosure (calculated in accordance with the relevant ▇▇▇▇▇▇ ▇▇▇ delinquency calculation methodology) to (ii) the 742613903 21686243 unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for ▇▇▇▇▇▇ ▇▇▇, in each case, determined as of the end of the most recently ended calendar month, multiplied by (b) 100, expressed as a percentage, calculated in a manner consistent with the ▇▇▇▇▇▇ ▇▇▇ Servicing Contract.

Portfolio Delinquency Rate means, as of any date of determination, (a) the ratio of (i) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for Fannie Mae that have monthly payments that are 60 da▇▇ ▇▇ m▇▇▇ past due or in foreclosure (calculated in accordance with the relevant Fannie Mae delinquency calculation methodology) to (▇▇) ▇▇e unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for Fannie Mae, in each case, determined as of the end o▇ ▇▇▇ m▇▇▇ recently ended calendar month, multiplied by (b) 100, expressed as a percentage, calculated in a manner consistent with the Fannie Mae Servicing Contract. 742613903 216862▇▇

Portfolio Delinquency Rate means, as of any date of determination, (a) the ratio of (i) the unpaid principal balance of all residential mortgage loans which are serviced by the Guarantor for ▇▇▇▇▇▇ ▇▇▇ that have monthly payments that are 60 days or more past due or in foreclosure (calculated in accordance with the relevant ▇▇▇▇▇▇ ▇▇▇ delinquency calculation methodology) to (ii) the unpaid principal balance of all residential mortgage loans which are serviced by the Guarantor for ▇▇▇▇▇▇ ▇▇▇, in each case, determined as of the end of the most recently ended calendar month, multiplied by (b) 100, expressed as a percentage, calculated in a manner consistent with the ▇▇▇▇▇▇ ▇▇▇ Servicing Contract.