Third-Party Originator definition

Third-Party Originator. Each Person, other than a Qualified Correspondent, that originated Mortgage Loans acquired by the Seller.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Third-Party Originator means any Person other than an employee of Seller or an Approved Correspondent who solicits, procures, packages, processes or performs any other Origination function with respect to a Mortgage Loan.

Third-Party Originator means any residential mortgage loan originator authorized by Licensee to access Licensee’s product information in order to perform electronic loan submissions and otherwise communicate with Licensee and perform other related functions in conjunction with the origination of residential mortgage loans via the Licensed Application.

Examples of Third-Party Originator in a sentence

To the extent that there is reasonably available to the Company (or Third-Party Originator) Static Pool Information with respect to more than one mortgage loan type, the Purchaser or any Depositor shall be entitled to specify whether some or all of such information shall be provided pursuant to this paragraph.
To the extent that there is reasonably available to the Seller (or Third-Party Originator) Static Pool Information with respect to more than one mortgage loan type, the Purchaser or any Depositor shall be entitled to specify whether some or all of such information shall be provided pursuant to this paragraph.
Such Static Pool Information shall be prepared by the Company (or Third-Party Originator) on the basis of its reasonable, good faith interpretation of the requirements of Item 1105(a)(1)-(3) of Regulation AB.
To the extent that there is reasonably available to the Company (or Third-Party Originator, as applicable) Static Pool Information with respect to more than one mortgage loan type, the Purchaser or any Depositor shall be entitled to specify whether some or all of such information shall be provided pursuant to this paragraph.
Such Static Pool Information shall be prepared by the Company (or Third-Party Originator) on the basis of its reasonable, good faith interpretation of the requirements of Item 1105(a)(3) of Regulation AB.

More Definitions of Third-Party Originator

Third-Party Originator means each Person, other than the Seller or a Qualified Correspondent, that originated a Mortgage Loan.

Third-Party Originator means an Originator that must:

Third-Party Originator. Each Person, other than a Qualified Correspondent, that originated Mortgage Loans acquired by the Company, and regarding which Initial Owner determines in good faith that disclosure is required pursuant to Item 1110 of regulation AB.

Third-Party Originator means any residential mortgage loan originator with which Licensee maintains an independent contractual relationship and that is authorized by Licensee to offer its loan products and communicate with it in conjunction with the origination of residential mortgage loans via the Licensed Application, including the submission and receipt of loan product information and the originator’s submission of loan applications and consumer reports obtained via the Credit Retrieval Module.

Third-Party Originator means an originator other than AIC, AICCO, IP Finance I, IP Finance II or IP Funding that has originated a Premium Finance Obligation to an Insured in the United States, Puerto Rico or the District of Columbia in accordance with the Guidelines, which Premium Finance Obligation is subsequently purchased by AIC, AICCO, IP Finance I, IP Finance II or IP Funding and sold to the Seller for transfer to the Trust.

Third-Party Originator means a bank, commercial finance company or other institutional lender that targets the same market segment of the lending business of the BDC.

Third-Party Originator. Any person or entity, not an employee of Correspondent, who is duly authorized to perform all or part of the origination process, including but not limited to processing a loan application, ordering appraisals and/or credit reports, verifying income and/or employment, and who is compensated by Correspondent for this activity.