Xxxxxx Mae Certificates definition

Xxxxxx Mae Certificates. The “fully modified pass-through” mortgage backed securities guaranteed as to timely payment of principal and interest by the Government National Mortgage Association included in the Lower Tier REMIC and identified in the Mortgage Security Schedule.

Examples of Xxxxxx Mae Certificates in a sentence

  • Xxxxxx Xxx, a federally-chartered and privately-owned corporation, issues Xxxxxx Mae Certificates which are backed by a pool of mortgage loans.

  • The Participating Lending Institution further agrees that all Mortgage Loans originated by the Participating Lending Institution under each Program will be eligible to be used for Xxxxxx Xxx Pools, Xxxxxx Mae Pools, or Xxxxxxx Mac Pools to back Xxxxxx Mae Certificates, Xxxxxx Xxx Certificates and Xxxxxxx Mac Certificates respectively, sold to the Division.

  • The information provided or made available and updated monthly by Xxxxxx Xxx and Xxxxxx Xxx in respect of the Pooled Xxxxxx Mae Certificates and the Pooled Xxxxxx Xxx Certificates, respectively, in connection with each applicable Pooled Certificate Distribution Date.

Related to Xxxxxx Mae Certificates

  • COFI Certificates As specified in the Preliminary Statement.

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Class AA Certificates means Pass Through Certificates issued by the Class AA Pass Through Trust.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Exchange Certificates Means the pass through certificates substantially in the form of Exhibit A hereto issued in exchange for the Initial Certificates pursuant to the Registration Rights Agreement and authenticated hereunder.

  • Underlying REMIC Certificates The REMIC Certificates held in the Trust and evidencing beneficial interests in the REMIC Trust. US Bank: U.S. Bank National Association, a national banking association. ARTICLE II The Trust

  • Group I Certificates The Class A-1 Certificates.

  • Group 3 Certificates As specified in the Preliminary Statement.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Retail Certificates A Senior Certificate, if any, offered in smaller minimum denominations than other Senior Certificates, and designated as such in the Series Supplement.

  • Group III Certificates The Group III-A Certificates.

  • New Certificates has the meaning assigned in Section 3.3(a).

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Private Certificates As specified in the Preliminary Statement.

  • Group II Certificates The Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates.

  • Class A-8 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto.

  • Single Certificate With respect to any Class of Certificates (other than the Class P Certificates and the Residual Certificates), a hypothetical Certificate of such Class evidencing a Percentage Interest for such Class corresponding to an initial Certificate Principal Balance or Notional Amount of $1,000. With respect to the Class P Certificates and the Residual Certificates, a hypothetical Certificate of such Class evidencing a 20% Percentage Interest in such Class.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Pass Through Certificates means the pass through certificates issued by the Pass Through Trusts (and any other pass through certificates for which such pass through certificates may be exchanged).

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Principal Balance Certificates Each of the Class A-1, Class A-2, Class A-3, Class X-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class NR Certificates.

  • Class A-2B Certificates All Certificates bearing the class designation of "Class A-2B."