Warehouse Lender definition

Warehouse Lender means any lender providing financing to Seller for the purpose of warehousing, originating or purchasing a Mortgage Loan, which lender has a security interest in such Mortgage Loan to be purchased by Purchaser.

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Warehouse Lender. Any lender providing financing to Seller for the purpose of originating or aggregating Mortgage Loans, which prior to the Purchase Date has a security interest in such Mortgage Loans as collateral for the obligations of Seller to such lender.

Warehouse Lender. Any lender providing financing to Seller in any fractional amount for the purpose of originating or purchasing Mortgage Loans, which lender has a security interest in such Mortgage Loans as collateral for the obligations of Seller to such lender. In all Dry Transactions and Conversion Transactions, Purchaser shall be the Warehouse Lender.

Examples of Warehouse Lender in a sentence

• This letter supersedes and replaces any prior notice specifying the name of [Warehouse Lender] and setting forth wire instructions and shall remain in effect until superseded and replaced by a letter, in the form of this letter, executed by each of us and acknowledged by you.

• The institution will be utilizing depository funds for funding transactions and therefore does not have a Warehouse Lender* (* if applicable remainder of form does not need to be completed) Warehouse Institution Name: Attention: E-mail: Address: City: State: Zip: Phone Fax Warehouse Line Amount: $ Date Opened: Client Name: ABA#: Account #: We authorize the release of the information regarding our Warehouse Line of Credit to Union Home Mortgage Corp.

• The Responsible Party is the sole owner of record and holder of the Mortgage Loan and the indebtedness evidenced by each Mortgage Note subject to the interest of Responsible Party's Warehouse Lender which will be released on or before the sale to the Sponsor of the Mortgage Loans.

• If any provision of this Agreement is inconsistent with any provision in any other agreement, including but not limited to the Warehouse Lender Agreement, the provision of this Agreement controls.

• If any balance of the Acquisition Price remains in Seller’s Funding account after the Warehouse Lender has been repaid in full in accordance with the foregoing, that balance shall be transferred by MBF in immediately available funds, from Seller’s Funding Account to Seller’s Operating Account.

More Definitions of Warehouse Lender

Warehouse Lender means any financial institution

Warehouse Lender. Any lender (a) providing financing to the Seller for the purpose of warehousing, originating or purchasing Eligible Assets, or (b) providing financing to a party from whom the Seller is purchasing the Eligible Assets simultaneously with the purchase by the Purchaser or its designee.

Warehouse Lender means Investec Bank (UK) Limited in its capacity as lender under the Warehouse Facility Agreement.

Warehouse Lender means Bank of America, N.A., as the lender under the Warehouse Agreement.

Warehouse Lender means any lender providing financing to a Qualified Originator for the purpose of originating Mortgage Loans to be sold to Seller, which lender has a security interest in such Mortgage Loans to be purchased by Buyer from Seller.

Warehouse Lender means one or a syndicate of financial institutions providing warehouse loan financing to Hercules or an Affiliate thereof pursuant to a Warehouse Loan Facility.

Warehouse Lender means any party (including MBF) providing interim financing to Seller in any fractional amount for the purpose of originating or purchasing mortgage loans, which lender has a security interest in the Mortgage Loan(s) as collateral for the obligations of Seller to such lender.