Special Hazard Mortgage Loan definition

Special Hazard Mortgage Loan. A Liquidated Mortgage Loan as to which a Special Hazard Loss has occurred.
Special Hazard Mortgage Loan. Any Liquidated Mortgage Loan as to which the ability to recover thereon was substantially impaired by reason of a hazard or loss not covered by a hazard policy or flood insurance policy maintained in respect of such Mortgaged Property pursuant to Section 3.12.
Special Hazard Mortgage Loan. Not applicable.

Examples of Special Hazard Mortgage Loan in a sentence

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  • I-26 Special Hazard Loss Coverage Amount...................................I-27 Special Hazard Mortgage Loan..........................................

  • Special Hazard Mortgage Loan: A Liquidated Loan as to which a Special Hazard Loss has occurred.


More Definitions of Special Hazard Mortgage Loan

Special Hazard Mortgage Loan. A Liquidated Mortgage Loan as to which a Special Hazard Loss has occurred. Startup Day: The Closing Date.
Special Hazard Mortgage Loan. A Liquidated Mortgage Loan as to which a Special Hazard Loss has occurred. S&P or Standard & Poor’s: Standard & Poor’s Ratings Services, a division of The XxXxxx-Xxxx Companies, Inc. If S&P is designated as a Rating Agency in the Preliminary Statement, for purposes of Section 10.05(b) the address for notices to S&P shall be Standard & Poor’s Ratings Services, 00 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: Mortgage Surveillance Monitoring, or such other address as S&P may hereafter furnish to the Depositor and the Master Servicer.
Special Hazard Mortgage Loan. A Liquidated Loan as to which a Special Hazard Loss has occurred. SoCal: Kirkwood Financial Corporation d/b/a SoCal Loan, a California corporation, and its successors and assigns, in its capacity as seller of the SoCal Mortgage Loans to the Transferor.
Special Hazard Mortgage Loan. With respect to the Aggregate Group I Mortgage Loans, a Liquidated Mortgage Loan as to which a Special Hazard Loss has occurred.
Special Hazard Mortgage Loan. A Liquidated Mortgage Loan as to which the ability to recover the full amount due thereunder was substantially impaired by a hazard not insured against under a standard hazard insurance policy. Startup Day: June 30, 2005.
Special Hazard Mortgage Loan. A Liquidated Mortgage Loan as to which a Special Hazard Loss has occurred. STARTUP DAY: September 29, 2000.
Special Hazard Mortgage Loan. A Liquidated Loan as to which a Special Hazard Loss has occurred. Standard & Poor's or S&P: Standard & Poor's Ratings Services, a division of The McGraw-Hill Companies, Inc., and its successors in interest. If Standarx & Xxxx'x is designated as a Rating Agency in the Preliminary Statement, for purposes of Section 12.05(c) the address for notices to Standard & Poor's shall be Standard & Poor's, 55 Water Street, New York, New York 10041, Attention: Residential Mortgxxx Xxxxxxxxxxxx Xxxxx - XXXX XXX Xxxxx 0008-IND1, or such other address as Standard & Poor's may hereafter furnish to the Master Servicer, the Securities Administrator, the Depositor, the Servicer and the Trustee.