Third Party Origination definition

Third Party Origination means any Loan for which a Third Party Originator performs a significant portion of the origination process for a fee, including but not limited to taking an application from a borrower, processing the Loan application, ordering appraisals and/or credit reports and verifying income and/or employment.

Examples of Third Party Origination in a sentence

  • Mortgages for which Third Party Origination is applicable, but for which the Seller does not specify Broker or Correspondent, will be disclosed as “TPO Not Specified” and will be included in this category.

  • Third Party Origination Percentage (TPO%): The number of Mortgages, percentage of Mortgages and percentage of the aggregate UPB of the Mortgages in a PC Pool that were originated by a third party, to include Broker and Correspondent originations.

  • Loans for which Third Party Origination is applicable, but for which the Seller does not specify Broker or Correspondent, will be disclosed as “TPO Not Specified” and will be included in this category.

  • TPO agrees to submit such Loans to UHMC, and UHMC agrees to underwrite such Loans, in accordance with the terms and conditions set forth below and in the Online Third Party Origination Manual.

  • UHMC and Third Party Originator are parties to that certain Master Loan Third Party Originator Purchase and Sale Agreement dated as of , 20 (the "Third Party Origination Agreement").

  • As previously announced to the ASX on 16 September 2015, IMX received a letter of demand (the ‘Letter of Demand’) from the liquidators of Termite (the ‘Liquidators’) which provided notice of a potential claim against certain directors and officers of Termite (the ‘Individual Defendants’) as well as against IMX itself (‘Claims’).

  • The following new section, numbered Section 10.11 and titled “Secondary Marketing, Underwriting, Third Party Origination and Interest Rate Risk Management Practices,” shall be added to the Credit Agreement: Borrower shall not, without the prior written approval of Lender, change any secondary marketing, underwriting, third party origination and interest rate risk management practices of Borrower that exist as of the date hereof.

  • The following new section, numbered Section 10.11 and titled "Secondary Marketing, Underwriting, Third Party Origination and Interest Rate Risk Management Practices," shall be added to the Credit Agreement: "Borrower shall notify Lender in writing at minimum thirty (30) days prior to making any material changes to its secondary marketing, underwriting, third party origination and interest rate risk management practices of Borrower that exist as of the date hereof.

  • D., Spieck, E., Richter, A., Nielsen, P.H., Wagner, M., Daims, H., 2014.

  • Contact your Business Development Manager or Third Party Origination Team for valuation fees.

Related to Third Party Origination

  • Third Party Originating Carrier means a Telecommunications Carrier that originates Transit Traffic that transits AT&T-TSP’s network and is delivered to CLEC.

  • Third Party Subcontract means a subcontract at any tier entered into by Contractor or subcontractor, financed in whole or in part with Federal assistance originally derived from FEMA.

  • Third Party Contract means a contract between Metrolinx and any other Person which is in any way related to, impacts or is impacted by the Services and/or the Consultant’s acts or omissions, whether expressly identified to the Consultant or not.

  • Third Party Servicer means any servicer appointed from time to time by the Assuming Institution or any Affiliate of the Assuming Institution to service the Shared-Loss Loans on behalf of the Assuming Institution, the identity of which shall be given to the Receiver prior to or concurrent with the appointment thereof.

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • First-tier subcontract means a subcontract awarded directly by the Contractor for the purpose of acquiring supplies or services (including construction) for performance of a prime contract. It does not include the Contractor’s supplier agreements with vendors, such as long-term arrangements for materials or supplies that would benefit multiple contracts and/or the costs of which are normally applied to a Contractor’s general and administrative expenses or indirect cost.

  • Loan originator The entity that closes a Mortgage Loan in its own name.

  • originating means qualifying as originating under the rules of origin set out in Chapter 3 (Rules of origin and origin procedures);

  • Originating Party means the Party, including any entity which provides Classified Information in accordance with the laws and regulations in force in its state;

  • Third Party Manufacturer means any person, firm or company which carries out the reproduction of Work and/or manufactures and/or prints the Licensed Publication on behalf of the Licensee;

  • Third Party Contractor as used in the Student Data Protection Act and “Operator” as used in COPPA. De-Identified Information (DII): De-Identification refers to the process by which the Contractor removes or obscures any Personally Identifiable Information (“PII”) from Education Records in a way that removes or minimizes the risk of disclosure of the identity of the individual and information about them.

  • Third Party Contracts means any agreements entered into by the Retailer and/or the Customer with any third parties, such as the Transmission Licensee and the MSSL, to enable the Retailer to retail electricity to Contestable Consumers. For the purposes of this Electricity Agreement, Third Party Contracts shall include, but is not limited to, the Retailer Use of Systems Agreement, the Market Support Services Agreement, and the Power System Operator•Market Participant Agreement (as defined under the Market Rules);

  • Related Party Contract means any Contract between or among one or more of the Company and the Company Subsidiaries, on the one hand, and any Related Party of the Company or any Company Subsidiary, on the other hand.

  • Third Party Supplier means a third party manufacturer and/or licensor of Products.

  • Provider contract means any contract between a provider and a carrier (or a carrier's network,

  • Manufactured-home transaction means a secured transaction:

  • Contract Manufacturer means a company that produces goods under contract for another company under the label or brand name of that company.

  • First-tier Subcontractor means any Subcontractor that has a contract with the General Contractor.

  • Third Party Material means software, software development tools, methodologies, ideas, methods, processes, concepts and techniques owned by, or licensed to a third party and used by the Service Provider in the performance of the Services;

  • Third Party Vendor means any person or entity that provides SaaS, third party software and/or related intellectual property. “Work” means any additional work the Customer requests Singtel to perform in relation to the Service.

  • Manufacturer means the person or body responsible to the approval authority for all aspects of the type approval process and for ensuring conformity of production. It is not essential that the person or body is directly involved in all stages of the construction of the vehicle which is the subject of the approval process.

  • Approved Servicer shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • value of originating materials means the value of such materials as defined in (g) applied mutatis mutandis;

  • Manufactured home means a structure, transportable in one or more sections, which is built on a permanent chassis and is designed for use with or without a permanent foundation when attached to the required utilities. The term "manufactured home" does not include a "recreational vehicle".

  • Limited Originator Recourse means a reimbursement obligation of the Company in connection with a drawing on a letter of credit, revolving loan commitment, cash collateral account or other such credit enhancement issued to support Indebtedness of a Securitization Subsidiary that the Company’s Board of Directors (or a duly authorized committee thereof) determines is necessary to effectuate a Qualified Securitization Transaction; provided that the available amount of any such form of credit enhancement at any time shall not exceed 10.0% of the aggregate principal amount of such Indebtedness at such time.

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;