TPO Loan definition
TPO Loan means a Mortgage Loan that has been solicited, procured, packaged, processed or otherwise Originated by a Third Party Originator.
TPO Loan means a Mortgage Loan that has been solicited, procured, packaged, processed or otherwise originated by a Third Party Originator. “Transaction” is defined in the Recitals. “Transaction Documents” means and includes this Agreement (and all exhibits and schedules attached hereto), the Side Letter, the Fee Letter, the Custody Agreement, the Electronic Tracking Agreement, any Subordination Agreement(s), any Subservicer Instruction Letters, each Request/Confirmation, any financing statements or other papers now or hereafter authorized, executed or issued pursuant to this Agreement, the Approved Investor Agreements, Investor Commitments, Hedge Agreements and all other documents, instruments and agreements at any time evidencing, governing, securing or otherwise relating to any of the Obligations, and any renewal, extension, rearrangement, increase, supplement, modification or restatement of any of them. “Transfer of Control” means, with respect to an eNote, a MERS eRegistry transfer transaction used to request a change to the current Controller of such eNote. “Transfer of Control and Location” means, with respect to an eNote, a MERS eRegistry transfer transaction used to request a change to the current Controller and Location of such eNote. “Transferable Record” means a “transferable record” as defined in Section 16 of UETA or Section 201 of E-SIGN, as applicable that (i) would be a “note” under Article 3 of the UCC if the transferable record were in writing, (ii) the issuer of the electronic record has expressly agreed is a “transferable record”, (iii) bears an “electronic signature” as such term is given meaning under E-SIGN and UETA, and (iv) for purposes of E-SIGN relates to a loan secured by real property.
TPO Loan means a Mortgage Loan which has been solicited, procured, packaged, processed or otherwise Originated by a Third Party Originator. “Transaction” has the meaning set forth in Paragraph 1 of this Agreement.
Examples of TPO Loan in a sentence
The Mortgage Loan is not a TPO Loan, nor was it originated by a Third Party Originator.
Broker shall ensure that only the properly authorized TPO Manager, TPO Loan Officers, and TPO Processors have access to TPO Connect and any Application, underwriting status or other information transmitted via TPO Connect.
Broker shall designate one or more TPO Loan Officers, one of whom may also be the TPO Manager.
Other than CTX Originated Loans, the Mortgage Loan is not a TPO Loan, nor was it originated by a Third Party Originator.
TPO Loan Officers shall have responsibility for communicating with Borrowers and for the items described in paragraph 4, below.
Broker and each TPO Loan Officer shall be responsible for ensuring the accuracy and completeness of all data input on TPO Connect.
TPO Processors will have the ability to submit and register Application Packages and related documents to TPO Connect on behalf of the TPO Loan Officer, approved by HBUSA.
Broker is responsible for the TPO Manager, all TPO Loan Officers, and all TPO Processors within the Broker's company and their actions ("Authorized Users").
TPO Loan Officers will have the ability to submit and register Loan Packages and related documents to TPO Connect.
Each TPO Loan Officer must have and maintain all required licenses to perform mortgage brokerage activities in the State of Florida and must be approved by HBUSA.
More Definitions of TPO Loan
TPO Loan means a Mortgage Loan that has been solicited, procured, packaged, processed or otherwise originated by a Third Party Originator. “Transaction” is defined in Section 1.1. “Transaction Documents” means and includes this Agreement (and all exhibits and schedules attached hereto), the Side Letter, the Fee Letter, the Electronic Tracking Agreement, any Subordination Agreement(s), any Subservicer Instruction Letters, each Request/Confirmation, any financing statements or other papers now or hereafter authorized, executed or issued pursuant to this Agreement, the Approved Investor Agreements, Investor Commitments, Hedge Agreements and all other documents, instruments and agreements at any time evidencing, governing, securing or otherwise relating to any of the Obligations, and any renewal, extension, rearrangement, increase, supplement, modification or restatement of any of them. “Transfer of Control” means, with respect to an eNote, a MERS eRegistry transfer transaction used to request a change to the current Controller of such eNote. “Transfer of Control and Location” means, with respect to an eNote, a MERS eRegistry transfer transaction used to request a change to the current Controller and Location of such eNote.
TPO Loan means a Mortgage Loan that has been solicited, procured, packaged, processed or otherwise originated by a Third Party Originator. “Transaction” is defined in Section 1.1. “Transaction Documents” means and includes this Agreement (and all exhibits and schedules attached hereto), the Side Letter, the Fee Letter, the Electronic Tracking Agreement, any Subordination Agreement(s), any Subservicer Instruction Letters, each Request/Confirmation, any financing statements or other papers now or hereafter authorized, executed or issued pursuant to this Agreement, the Approved Investor Agreements, Investor Commitments, Hedge Agreements and all other documents, instruments and agreements at any time evidencing, governing, securing or otherwise relating to any of the Obligations, and any renewal, extension, rearrangement, increase, supplement, modification or restatement of any of them. “Transfer of Control” means, with respect to an eNote, a MERS eRegistry transfer transaction used to request a change to the current Controller of such eNote. “Transfer of Control and Location” means, with respect to an eNote, a MERS eRegistry transfer transaction used to request a change to the current Controller and Location of such eNote. “Transferable Record” means a “transferable record” as defined in Section 16 of UETA or Section 201 of E-SIGN, as applicable that (i) would be a “note” under Article 3 of the UCC if the transferable record were in writing, (ii) the issuer of the electronic record has expressly agreed is a “transferable record”, (iii) bears an “electronic signature” as such term is given meaning under E-SIGN and UETA, and (iv) for purposes of E-SIGN relates to a loan secured by real property. “U.S. Government Securities Business Day” means any day except for (i) a Saturday, (ii) a Sunday and (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for
TPO Loan means a Mortgage Loan that has been solicited, procured, packaged, processed or otherwise originated by a Third Party Originator. “Transaction” is defined in the Recitals. “Transaction Documents” means and includes this Agreement (and all exhibits and schedules attached hereto), the Pricing Side Letter, the Fee Letter, the Custody Agreement, the Electronic Tracking Agreement, any Subordination Agreement(s), any Subservicer Instruction Letters, each Transaction Request, any financing statements or other papers now or hereafter authorized, executed or issued pursuant to this Agreement, the Approved Investor Agreements, Investor Commitments, Hedge Agreements and all other documents, instruments and agreements at any time evidencing, governing, securing or otherwise relating to any of the Obligations, and any renewal, extension, rearrangement, increase, supplement, modification or restatement of any of them.