SMMEA Eligibility. It is anticipated that none of the Offered Certificates will be SMMEA eligible.
SMMEA Eligibility. It is anticipated that the Class A-2, Class A-3 and Class M-1 Certificates will be SMMEA eligible.
SMMEA Eligibility. The Senior Certificates and the Class B1 Certificates will be SMMEA eligible.
Examples of SMMEA Eligibility in a sentence
SMMEA Eligibility: The Certificates will NOT constitute "mortgage related securities" for purposes of SMMEA.
Expanded options available to communities displaced and separated by conflict: Aweils Recovery and Returns Meeting, 8th – 12th December 2004, Malualkon, Aweil East County, NBeG.
SMMEA Eligibility: The Offered Certificates will not be SMMEA eligible.
SMMEA Eligibility: None of the offered certificates are SMMEA eligible.
SMMEA Eligibility: The Offered Certificates are [not] expected to constitute "mortgage related securities" for purposes of SMMEA.
More Definitions of SMMEA Eligibility
SMMEA Eligibility. The Notes will NOT constitute "mortgage-related securities" for purposes of SMMEA.
SMMEA Eligibility. The Certificates will NOT constitute "mortgage-related securities" for purposes of SMMEA.
SMMEA Eligibility. The Certificates will NOT constitute "mortgage-related securities" for purposes of SMMEA. FORM OF OFFERING: Book-Entry form, same-day funds through DTC, Euroclear, and CEDEL. DENOMINATIONS: Minimum denominations of $25,000 and multiples of $1,000 thereafter. HOME EQUITY LOANS: - First lien, fixed and adjustable rate mortgage loans. - 1-4 Family residential properties, condominium units and manufactured homes. - A substantial percentage of the loans do not conform to FNMA or FHLMC underwriting standards or to those standards typically applied by banks or other lending institutions, particularly with regard to a borrower's credit history. - Approximately 91.34% (by Statistical Calculation Date aggregate principal balance) of the Home Equity Loans bear prepayment premiums.
SMMEA Eligibility. The Class B Certificates are not SMMEA eligible. CLASS A-9 IO: The Class A-9 IO Certificates do not have a Certificate Principal Balance but will accrue interest at a rate of 6.00% per annum on their Notional Amount. The "Notional Amount" of the Class A-9 IO Certificates shall be the lesser of Group I aggregate outstanding loan balance and the amounts described below: Months 1-3: $185,000,000 Months 19-21: 18,500,000 Months 4-6: 120,000,000 Months 22-24: 17,500,000 Months 7-9: 60,000,000 Months 25-27: 12,500,000 Months 10-12: 54,000,000 Months 28-30: 10,000,000 Months 13-15: 22,500,000 Thereafter: $ 0 Months 16-18: 20,000,000 SERVICING ARRANGEMENT Norwest Bank will be Master Servicer for a minimum of one year. During this time, ContiMortgage will be the primary servicer, subject to Ambac's approval for renewal every 60 days. After the first year has expired, Norwest may be removed as Master Servicer at the election of ContiMortgage, subject to Ambac and rating agencies approvals. CREDIT | FIRST SUISSE | BOSTON Revised Class B Computational Materials 99-3 CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3 -------------------------------------------------------------------------------- Class B Computational Materials CREDIT ENHANCEMENT FOR FIXED AND FLOATING RATE CERTIFICATES ----------------------------------------------------------- o CLASS B CREDIT ENHANCEMENT:
SMMEA Eligibility. The Offered Certificates are not SMMEA eligible.
SMMEA Eligibility. The Class A, Class M-1 and Class M-2 Certificates are expected to constitute “mortgage related securities” for purposes of SMMEA.
SMMEA Eligibility. It is anticipated that all of the Offered Certificates will be SMMEA eligible. Prospectus: The Class A-2, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates are being offered pursuant to a prospectus supplemented by a prospectus supplement (together, the "Prospectus"). Complete information with respect to the Offered Certificates and the collateral securing them is contained in the Prospectus. The information herein is qualified in its entirety by the information appearing in the Prospectus. To the extent that the information herein is inconsistent with the Prospectus, the Prospectus shall govern in all respects. Sales of the Offered Certificates may not be consummated unless the purchaser has received the Prospectus. PLEASE SEE "RISK FACTORS" IN THE PROSPECTUS FOR A DESCRIPTION OF INFORMATION THAT SHOULD BE CONSIDERED IN CONNECTION WITH AN INVESTMENT IN THE OFFERED CERTIFICATES.