Group II Mortgage Loan definition

Group II Mortgage Loan. A Mortgage Loan assigned to Loan Group II with a principal balance at origination that may or may not conform to Freddie Mac and Fannie Mae loxx xxxxts.
Group II Mortgage Loan. Any Mortgage Loan in Loan Group II.
Group II Mortgage Loan. A Mortgage Loan assigned to Loan Group II with a principal balance at origination that may or may not conform to Fannie Mae or Freddie Max xxxx limits.

Examples of Group II Mortgage Loan in a sentence

  • Effective with the first monthly payment due on each Group II Mortgage Loan after each related Adjustment Date, the monthly payment amount will be adjusted to an amount that will amortize fully the outstanding principal balance of the related Mortgage Loan over its remaining term, and pay interest at the Mortgage Rate as so adjusted.

  • This does not prohibit the Chair from presenting a Report as a Discussion Item.

  • Using an industry standard automated valuation model to calculate the value of the underlying property at the time the Mortgage Loan was originated, FGIC determined that the weighted average LTV ratio for both the 2005-RS9 Group I and Group II Mortgage Loan pools was really 88%.

  • On each Adjustment Date for each Group II Mortgage Loan, the Mortgage Rate thereon will be adjusted (subject to rounding) to equal the sum of the applicable Index (as defined below) and a fixed percentage amount (the "Gross Margin").

  • Companies that focus on exporting military products mostly manufacture high-tech components and subsystems.


More Definitions of Group II Mortgage Loan

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. The aggregate principal balance of the Group II Mortgage Loans as of the Cut-off Date is equal to $346,253,840.80.
Group II Mortgage Loan. A Mortgage Loan that is identified as such on the Mortgage Loan Schedule.
Group II Mortgage Loan. A first lien or second lien fixed-rate Mortgage Loan or Adjustable-Rate Mortgage Loan with a principal balance at origination that may or may not conform to Fannie Mae and Freddie Xxx xoan limitx. Xxx Group II Mortgage Loans are identified as such on the Mortgage Loan Schedule.
Group II Mortgage Loan. A Mortgage Loan assigned to Loan Group II. The aggregate principal balance of the Group II Mortgage Loans as of the Cut-off Date is equal to $590,304,841.03.
Group II Mortgage Loan. Each Mortgage Loan identified on the Mortgage Loan Schedule as being a “Group II Mortgage Loan”.
Group II Mortgage Loan. Each Mortgage Loan listed on Exhibit D-2 hereto.
Group II Mortgage Loan. Each of the Mortgage Loans identified in the Mortgage Loan Schedule as having a Mortgage Rate that is subject to adjustment. The Group II Mortgage Loans are identified as such on the Mortgage Loan Schedule.