BNC Mortgage Loan definition

BNC Mortgage Loan. A Mortgage Loan which was acquired from BNC by the Unaffiliated Seller pursuant to the BNC Purchase Agreement, and which has been acquired by the Trust Fund.

Examples of BNC Mortgage Loan in a sentence

  • Kay-Conway at the suit of U.S. Bank National Association, as Trustee for BNC Mortgage Loan Trust 2006-2, Mortgage Pass-Through Certificates, Series 2006-2.

  • Party B is acting not in its individual capacity but solely as Trustee on behalf of the Supplemental Interest Trust, BNC Mortgage Loan Trust 2007-2, Mortgage Pass-Through Certificates, Series 2007-2.

  • Title of Account: “Welxx Xxrgo Bank, N.A. in trust for U.S. Bank National Association, as Trustee for the BNC Mortgage Loan Trust 2006-2.” Account Number: ______________________.

  • Title of Account: “Xxxxx Fargo Bank, N.A. in trust for U.S. Bank National Association, as Trustee for the BNC Mortgage Loan Trust 2006-1.” Account Number: .

  • ABN AMRO BANK N.V. SUPPLEMENTAL INTEREST TRUST, BNC Mortgage Loan Trust 2006-2 By: U.S. Bank, National Association, not in its individual capacity, but solely as Trustee /s/ Xxxxxxxxx X.

  • Party A shall not institute against or cause any other person to institute against, or join any other person in instituting against BNC Mortgage Loan Trust 2006-2 any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any federal or state bankruptcy, dissolution or similar law, for a period of one year and one day following indefeasible payment in full of the Certificates.

  • Party A shall not institute against or cause any other person to institute against, or join any other person in instituting against BNC Mortgage Loan Trust 2006-1 any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any federal or state bankruptcy, dissolution or similar law, for a period of one year and one day following indefeasible payment in full of the Certificates.

  • Urbanski, as Trustee ("Urbanski"), defendant-appellant, appeals the judgment of the Franklin County Court of Common Pleas, in which the court granted the motion for summary judgment filed by U.S. Bank National Association, as Trustee for BNC Mortgage Loan Trust 2007-2, Mortgage Pass-Through Certificates, Series 2007-2 ("USB"), plaintiff-appellee.{¶ 2} On January 26, 2007, Robert L.

  • Address for notices or communications to Party B:- Xxxxx Fargo Bank, N.A., Trustee 0000 Xxx Xxxxxxxxx Xxxx Xxxxxxxx, Xxxxxxxx 00000 Attention: Client Manager, BNC Mortgage Loan Trust, Series 2007-4 Facsimile: (000) 000-0000 Phone: (000) 000-0000 With a copy to: Aurora Loan Services LLC, as Master Servicer 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: Xxxxxx X.

  • Seventh Avenue, 7th FloorNew York, New York 10019Re:Structured Asset Securities Corporation, Registration Statement on Form S-3 Ladies and Gentlemen: We have acted as special counsel to Structured Asset Securities Corporation, a Delaware corporation (the “Company”), in connection with the offering of the Company’s BNC Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2006-2 (the “Certificates”).

Related to BNC Mortgage Loan

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which Seller is selling to Buyer simultaneously with the origination thereof.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.

  • Premium Mortgage Loan Any Group 1 Premium Mortgage Loan or Group 2 Premium Mortgage Loan.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Subsequent Mortgage Loan A Mortgage Loan sold by the Depositor to the Trust Fund pursuant to Section 2.08, such Mortgage Loan being identified on the Mortgage Loan Schedule attached to a Subsequent Transfer Instrument.

  • Original Mortgage Loan The mortgage loan refinanced in connection with the origination of a Refinancing Mortgage Loan.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • Group I Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group I Mortgage Loans.

  • Initial Mortgage Loan A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.

  • Special Serviced Mortgage Loan The Mortgage Loans for which the Special Servicer acts as servicer pursuant to Section 3.19.

  • Class P Mortgage Loan Any of the Class I-P, Class II-P or Class III-P Mortgage Loans.

  • Balloon Mortgage Loan A Mortgage Loan that provides for the payment of the unamortized principal balance of such Mortgage Loan in a single payment at the maturity of such Mortgage Loan that is substantially greater than the preceding monthly payment.