PSA STANDARD PREPAYMENT MODEL definition

PSA STANDARD PREPAYMENT MODEL means the methodology set forth under "Mortgage Prepayment Models -- The PSA Standard Prepayment Model" in the "Uniform Practices for the Clearance and Settlement of Mortgage-Backed Securities and Other Related Securities of the Public Securities Association."
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PSA STANDARD PREPAYMENT MODEL or "PSA" shall mean the methodology set forth under "Mortgage Prepayment Models -- The PSA Standard Prepayment Model" in the "Uniform Practices for the Clearance and Settlement of Mortgage-Backed Securities and Other Related Securities of the Public Securities Association." 9 117
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Related to PSA STANDARD PREPAYMENT MODEL

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Prepayment Penalty Schedule A data field in the Mortgage Loan Schedule attached hereto as Exhibit A which sets forth the amount or method of calculation of the Prepayment Penalty Amount and the term during which such Prepayment Penalty Amount is imposed with respect to a Mortgage Loan.

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.