Remittance Cycle definition

Remittance Cycle. MBS Express MBS Express: 4 Day, Reduction: -2.75 Basis Points Seasoning Requirements Current Conversion Option: N/A Special Feature Codes: 037 - Convert ARM - Take-Out, 038 - Convert ARM - Market, 288 - Enhanced Refi ▇▇▇▇▇▇ Mae, 289 - Enhanced Refi Non-Fannie, 330 - Enhanced Streamlined Ref, 361 - 3rd Autom U-Writing Sys, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.
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Remittance Cycle. Standard Seasoning Requirements: Current Special Feature Codes: 061 - COMMUNITY HOMEBUYERS, 288 - Enhanced Refi ▇▇▇▇▇▇ ▇▇▇, 289 - Enhanced Refi Non-Fannie, 330 - Enhanced Streamlined Ref, 361 - 3rd Autom U-Writng SYS, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.
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Remittance Cycle. STANDARD Seasoning Requirements: CURRENT/SEASONED
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Examples of Remittance Cycle in a sentence

  • Provided that Seller elects the Accelerated Remittance Cycle in connection with its sale of eligible Junior Guarantor Mortgages to ▇▇▇▇▇▇▇ Mac, the guarantee fee shall be 0.00 basis points for each Junior Guarantor Mortgage sold to ▇▇▇▇▇▇▇ Mac in exchange for a Junior Guarantor PC.

  • The Required Spreads for Mortgages sold by Direct Seller to Freddie Mac under the Guarantor Program or Multilender Program are: 15-year Fixed-rate Mortgages [ ** ]basis points (.[ ** ] percent)] 20-year Fixed-rate Mortgages [ ** ]basis points (.[ ** ] percent)] 30-year Fixed-rate Mortgages [ ** ]basis points (.[ ** ] percent)] These Required Spreads reflect Seller's participation in Freddie Mac's Gold Remittance Cycle.

  • The Required Spreads for Mortgages sold by Direct Seller to ▇▇▇▇▇▇▇ Mac under the Guarantor Program or Multilender Program are: 15-year fixed rate Mortgages [*] basis points ([*] percent) 20-year fixed rate Mortgages [*] basis points ([*] percent) 30-year fixed rate Mortgages [*] basis points ([*] percent) These Required Spreads reflect Seller's participation in ▇▇▇▇▇▇▇ Mac's Gold Remittance Cycle.

  • The Required Spreads for Mortgages sold by Direct Seller to Freddie Mac under the Guarantor Program or Multilender Program are: 15-year Fixed-rate Mortgages [ ** ]basis points (.[ ** ] percent)] 20-year Fixed-rate Mortgages [ ** ] basis points (.[ ** ] percent)] 30-year Fixed-rate Mortgages [ ** ]basis points (.[ ** ] percent)] These Required Spreads reflect Seller's participation in Freddie Mac's Gold Remittance Cycle.

  • The Required Spreads for Mortgages sold by Direct Seller to Freddie Mac under the Guarantor Program or Multilender Program are: 15-year Fixed-rate Mortgages [ ** ] basis points ( [ ** ] percent) 20-year Fixed-rate Mortgages [ ** ] basis points ( [ ** ] percent) 30-year Fixed-rate Mortgages [ ** ] basis points ( [ ** ] percent) These Required Spreads reflect Seller's participation in Freddie Mac's Gold Remittance Cycle.


More Definitions of Remittance Cycle

Remittance Cycle. Standard Seasoning Requirements: Current and/or Seasoned Special Feature Codes: Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.
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Remittance Cycle. MBS Express MBS Express: 4 Day, Reduction: -2.75 Basis Points Seasoning Requirements Current Conversion Option: N/A Special Feature Codes: 037 - Convert ARM - Take-Out, 038 - Convert ARM - Market, 288 - Enhanced Refi ▇▇▇▇▇▇ ▇▇▇, 289 - Enhanced Refi Non-Fannie, 330 - Enhanced Streamlined Ref, 340 - Level I Expanded Approval, 341 - Level II Expanded Approval, 342 - Level III Expanded Approval, 361 - 3rd Autom U-Writing Sys, and Per Selling Guide, Guide to Underwriting with Desktop Underwriter and applicable attachments.
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