Common use of CALCULATION OF LOSS FOR SHORT SALE LOANS Clause in Contracts

CALCULATION OF LOSS FOR SHORT SALE LOANS. Loan written down to book value prior to Loss Share 1 Shared-Loss Month: 20090531 3 Interest Paid-to-Date 20071130 4 Short Payoff Date 20090522 5 Note Interest rate 0.08500 6 Occupancy Owner If owner occupied: 7 Household current annual income 45000 8 Estimated NPV of loan mod 220000 9 Valuation Date 20090121 10 Valuation Amount 300000 Valuation Type (Interior/exterior appraisal, 11 BPO, AVM, etc) Short-Sale Loss calculation 13 Book Value

Appears in 66 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement

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