SMMEA definition

SMMEA means the Secondary Mortgage Market Enhancement Act of 1984, as amended.

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SMMEA. The Secondary Mortgage Market Enhancement Act of 1984, as amended.

SMMEA means the Secondary Mortgage Market Enhancement Act of 1984. "Special Tax Counsel" means the law firm of Giancarlo & Gnazzo.

Examples of SMMEA in a sentence

• THIS SECURITY IS NOT A "MORTGAGE RELATED SECURITY" FOR PURPOSES OF THE SECONDARY MORTGAGE MARKET ENHANCEMENT ACT ("SMMEA").

• SMMEA ELIGIBILITY: It is not anticipated that any of the Offered Certificates will be SMMEA eligible.

• None of the Certificates will constitute “mortgage related securities” for purposes of SMMEA.

• The offered certificates will not constitute “mortgage related securities” for purposes of SMMEA.

• The Class M-2 notes will NOT constitute "mortgage related securities" for purposes of the Secondary Mortgage Market Enhancement Act of 1984, or "SMMEA".

• SMMEA Eligibility: None of the Offered Certificates will be SMMEA eligible.

• At such time, the Class A Certificates, the Class S Certificates and the Class M-1 Certificates will constitute "mortgage related securities" for purposes of SMMEA for so long as they are rated not lower than the second highest rating category by one or more nationally recognized statistical rating organizations and, as such, will be legal investments for certain entities to the extent provided in SMMEA and applicable state laws.

• The [___________] Certificates (other than the [___________] Certificates) will not constitute "mortgage related securities" for purposes of SMMEA.

• LEGAL INVESTMENT The [___________] and the [___________] Certificates will constitute "mortgage related securities" for purposes of SMMEA for so long as they are rated not lower than the second highest rating category by a rating agency, as defined in the prospectus, and, therefore, will be legal investments for those entities to the extent provided in SMMEA.

• LEGAL INVESTMENT The Class A Certificates, the Class S Certificates and the Class M-1 Certificates will not constitute "mortgage related securities" for purposes of the Secondary Mortgage Market Enhancement Act of 1984 ("SMMEA") until such time as the balance of the pre- funding accounts is reduced to zero.

More Definitions of SMMEA

SMMEA. The related Manufactured Home is a "manufactured home" within the meaning of 42 U▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇e, Section 5402(6).

SMMEA means the Secondary Mortgage Market Enhancement Act of 1984.

SMMEA. The related Manufactured Home is a "manufactured home" within the meaning of ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code, Section 5402(6). Each manufactured housing dealer from whom the Servicer purchased such Contract, if any, was then approved by the Servicer in accordance with the requirements of the Secretary of Housing and Urban Development set forth in 24 CFR ss. 201.

SMMEA means small, medium and micro enterprises as defined in the Act; and

SMMEA. None of the Certificates will constitute “mortgage related securities” for the purposes of the Secondary Mortgage Market Enhancement Act of 1984 (“SMMEA”).

SMMEA. The related Manufactured Home is a "manufactured home" within the meaning of 42 United States Code, Section 5402(6). Each manufactured housing dea▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇e Servicer purchased such Contract, if any, was then approved by the Servicer in accordance with the requirements of the Secretary of Housing and Urban Development set forth in 24 CFR Section 201.27. At the origination of each Contract, the Servicer was approved for insurance by the Secretary of Housing and Urban Development pursuant to Section 2 of the National Housing Act. EXHIBIT E MONTHLY COMPLIANCE CERTIFICATION I, ________________, ______________ of Origen Financial, inc. (the "Company"), a ____________________corporation, do hereby certify that: (i) the Company is in compliance with all provisions and terms of the Master Repurchase Agreement, dated______, 2001 (the "Repurchase Agreement"), by and between Credit Suisse First Boston Mortgage Capital LLC ("Buyer") and Origen Special Holdings Corporation ("Seller") and the Additional Supplemental Terms to the Repurchase Agreement, dated as of______, 2001 (the "Additional Terms"), by and between Seller and Buyer;