Residential Mortgages definition

Residential Mortgages means mortgages that are principally secured by single family residences, multi-family residential properties and residential land.
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Residential Mortgages means mortgages that are principally secured by mortgage registrations on residential property titles.
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Residential Mortgages means mortgages that are registered on or against completed single family residences and multifamily residential properties.
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Examples of Residential Mortgages in a sentence

  • Residential Mortgages generally have lower default rates than other asset classes, but repossession becomes difficult.

  • The primary source of the Firm’s retail exposure is concentrated in two of three U.S. Basel III retail exposure categories: Residential Mortgages and Other Retail Exposures.

  • Loans secured by Residential Mortgages shall not exceed 75 per cent.

  • Loans secured by Residential Mortgages may not exceed 75 per cent.

  • The primary source of the Company’s retail exposure is concentrated in two of three Basel III retail exposure categories: Residential Mortgages and Other Retail Exposures.

  • Line item 80 Residential Mortgages (Not in Domestic Offices)Report the allowance for loan and lease losses for all loans secured by 1 to 4 family residential properties, including both first lien and second/junior lien loans, not held in domestic offices.

  • Line item 70 Residential Mortgages (in Domestic Offices)Report the sum of the allowance for loan and lease losses included in items 71, 72, and 73.

  • Operating Policies The Corporation has established certain operating policies respecting how it can invest its funds in mortgages, which include, but are not limited to, the following: (a) the Corporation will invest primarily in Residential Mortgages and on occasion Commercial Mortgages.

  • Stichting Holding Cartesian was formerly named Stichting Holding Cartesian Residential Mortgages 1.

  • ALLOWANCE FOR LOAN LOSSES (continued) Residential Mortgages, HELOC, and Revolving Retail Retail Instalment Loans Significant Increase to Risk Thresholds - Commercial Loans In determining whether or not a significant increase to risk has occurred on commercial loans, the Credit Union reviews on an annual basis the internal risk ratings associated with the loans.


More Definitions of Residential Mortgages

Residential Mortgages means mortgages which are principally secured by real estate properties that have or will have residential uses.
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Related to Residential Mortgages

  • Conventional Mortgage means a mortgage for which the principal amount, at the time of commitment, together with all other equal and prior ranking mortgages: (a) in the case of a property purchase, does not exceed the lower of 75% of the purchase price of the underlying real property securing the mortgage and 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser; and (b) in the case of a refinancing, does not exceed 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser at the time of such refinancing.

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • Residential means any school trip which includes an overnight stay.