Portfolio Mortgage Loan definition

Portfolio Mortgage Loan means a Loan which is part of a portfolio of cross-collateralized and/or cross-defaulted mortgage loans.

Portfolio Mortgage Loan means, a Mortgage Loan that is included in the Portfolio.

Portfolio Mortgage Loan means any Mortgage Loan that, as of any given date, the Owner does not intend to effect a Transfer of within the next one hundred eighty (180) days. All such Mortgage Loans shall be identified by the Owner in accordance with the terms of Section 7.03.

Examples of Portfolio Mortgage Loan in a sentence

• The portion of the Base Servicing Fee relating to a Secondary Portfolio Mortgage Loan shall begin to accrue as of the commencement of the Collection Period in which the related Assignment Date occurs but in no event shall such portion accrue on any day on which the portion of the Base Servicing Fee relating to the Primary Portfolio Mortgage Loan in respect of which such Secondary Portfolio Mortgage Loan became a Secondary Portfolio Mortgage Loan also accrues.

• The portion of the Base Servicing Fee relating to a Secondary Portfolio Mortgage Loan shall begin to accrue as of the commencement of the Collection Period in which the related Assignment Date occurs but in no event shall such portion accrue on any day on which the portion of the Base Servicing Fee relating to the Primary Portfolio Mortgage Loan in respect of which such Secondary Portfolio Mortgage Loan became a Secondary Portfolio Mortgage Loan also accrue.

More Definitions of Portfolio Mortgage Loan

Portfolio Mortgage Loan means each Mortgage Loan included in a Mortgage Pool related to a Xxxxxx Mae MBS that is part of the Portfolio.

Portfolio Mortgage Loan. An individual mortgage loan for which SPS has been appointed as the servicer, subservicer and/or master servicer (excluding any loans assigned to SPS’s Loss Recovery Division for collection which are not otherwise being serviced by SPS). As applicable, “Portfolio Mortgage Loan” shall be deemed to refer to the related REO Property. For the avoidance of doubt, “Portfolio Mortgage Loans” shall include all Mortgage Loans (as defined herein), as well as all other mortgage loans and REO Properties serviced by SPS.

Portfolio Mortgage Loan. Any Mortgage Loan included in a Portfolio.

Portfolio Mortgage Loan. As defined in Section 2 hereof.

Portfolio Mortgage Loan means a mortgage loan secured by real property located in the Coos Bay area and which is not a Non-Portfolio Mortgage Loan.

Portfolio Mortgage Loan means that certain mortgage loan, granted by Xxxxxxxxx Xxxxxx, as lender, to each of the Portfolio Property Owners, pursuant to that certain Amended and Restated Loan Agreement, dated as of December 27, 2019, by and between Portfolio Lender, as lender, and each Portfolio Property Owner, collectively, as borrowers.

Portfolio Mortgage Loan means any Mortgage Loan that, as of any given date, the Owner does not intend to effect a Transfer of within [* * *]. All such Mortgage Loans shall be identified by the Owner in accordance with the terms of Section 7.03.