Related Mortgage Loan definition

Related Mortgage Loan. A Mortgage Loan in which a Participation Certificate evidences the 100% undivided beneficial ownership interest.
Related Mortgage Loan. With respect to any Purchased Mortgage Loan, the Mortgage Loan with respect to, and/or related to, such Purchased Mortgage Loan.
Related Mortgage Loan means a Mortgage Loan in which a Participation Certificate evidences the 100% undivided beneficial ownership interest.

Examples of Related Mortgage Loan in a sentence

  • In the event of such an appointment, Guarantor and Seller, as applicable, shall perform all acts and take all action so that any part of the Mortgage Loan File and related Servicing Records held by Guarantor or Seller, together with all funds in the Custodial Account and other receipts relating to such Related Mortgage Loan, are promptly delivered to the Successor Servicer.

  • The References in the following representations and warranties to a “Mortgage Loan” or “Asset” refer to Related Mortgage Loan in which the Seller has acquired a Participation Interest represented by the related Purchased Assets.

  • Notwithstanding anything to the contrary in this Agreement or any other Principal Agreement, each of Seller and Guarantor shall not, directly or indirectly, replace any Related Mortgage Loan with a Mortgage-Backed Security pursuant to Section 3.7 that includes any mortgage loans in the related Pool that do not include such Related Mortgage Loans that such Mortgage-Backed Security replaced.

  • For purposes of this Section 14.17, “Customer Information” means any non-public personal information (as such term is defined in the FTC’s Privacy Regulations) concerning an obligor under a Related Mortgage Loan or Purchased Asset regardless of whether such information was provided by Seller, Guarantor or Buyer or was prepared by Seller, Guarantor or Buyer or any Affiliate or agent of Seller or Buyer based on or derived from the Customer Information.

  • At all times during which the Mortgage Loan Documents related to any Related Mortgage Loan are in the possession of Guarantor, and until the Purchased Mortgage Loan related to such Related Mortgage Loan is repurchased, Guarantor shall hold such Mortgage Loan Documents in trust separate and apart from Guarantor’s own documents and assets and for the exclusive benefit of Buyer and shall act only in accordance with Buyer’s written instructions thereto.


More Definitions of Related Mortgage Loan

Related Mortgage Loan. With respect to any Purchased Asset, the Mortgage Loan with respect to, and/or related to, such Purchased Asset.
Related Mortgage Loan means a mortgage loan which is included in a Securitization trust.
Related Mortgage Loan as the holder of a valid first or second mortgage lien of record on the real property described in the related Mortgage, as the case may be, subject only to exceptions of the character referred to in paragraph (vi) above, was effective on the date of the origination of such Mortgage Loan, and, as of the Cut-Off Date such policy will be valid and thereafter such policy shall continue in full force and effect;
Related Mortgage Loan means a Mortgage Loan in which a Participation Certificate evidences the 100% undivided beneficial ownership interest. 1926 The definition ofPermitted Holder” was added by Amendment No. 1, dated as of September 24, 2021.