High Cost Home Mortgage Loan as defined in the Massachusetts Predatory Home Loan Practices Act effective November 7, 2004 or (iv) a "High-Cost Home Loan" as defined by the Indiana High Cost Home Loan Law effective January 1, 2005.
High Cost Home Mortgage Loan as defined in the Massachusetts Predatory Home Practices Act effective November 7, 2004.
High Cost Home Mortgage Loan as defined in the Massachusetts Predatory Home Loan Practices Act effective November 7, 2004 (Mass. Xxx. Laws Ch. 183C); and (d) no Mortgage Loan secured by a Mortgaged Property located in Indiana is a “High Cost Home Loan” as defined in the Indiana Home Loan Practices Act effective January 1, 2005 (Ind. Code Xxx. § 24-9-1 et seq.);
Examples of High Cost Home Mortgage Loan in a sentence
Effective November 7, 2004 High Cost Home Mortgage Loan Nevada Assembly Xxxx No. 284, Nev.
Effective March 22, 2001 and amended from time to time ---------------------------------- ------------------------------------------------- -------------------------------- Massachusetts Predatory Home Loan Practices Act High Cost Home Mortgage Loan Mass.
Effective November 7, 2004 High Cost Home Mortgage Loan Nevada Assembly Bxxx No. 284, Nev.
Effective March 22, 2001 and amended from time to time --------------------------------------------------------------------------------------------------------------------- Massachusetts Predatory Home Loan Practices Act High Cost Home Mortgage Loan Mass.
Effective March 22, 2001 and amended from time to time --------------------------------------------------------------------------------------------------------------------- Massachusetts Predatory Home Loan High Cost Home Mortgage Loan Practices Act Mass.
More Definitions of High Cost Home Mortgage Loan
High Cost Home Mortgage Loan as defined in the Massachusetts Predatory Home Loan Practices Act, effective November 7, 2004 (Mass. Axx. Laws Ch. 183C). No Mortgage Loan secured by a Mortgaged Property located in the Commonwealth of Massachusetts was made to pay off or refinance an existing loan or other debt of the related borrower (as the term “borrower” is defined in the regulations promulgated by the Massachusetts Secretary of State in connection with Massachusetts House Bxxx 4880 (2004)) unless either (1) (a) the related Mortgage Interest Rate (that would be effective once the introductory rate expires, with respect to Adjustable Rate Mortgage Loans) did or would not exceed by more than 2.25% the yield on United States Treasury securities having comparable periods of maturity to the maturity of the related Mortgage Loan as of the fifteenth day of the month immediately preceding the month in which the application for the extension of credit was received by the related lender or (b) the Mortgage Loan is an “open-end home loan” (as such term is used in the Massachusetts House Bxxx 4880 (2004)) and the related Mortgage Note provides that the related Mortgage Interest Rate may not exceed at any time the Prime rate index as published in The Wall Street Journal plus a margin of one percent, or (2) such Mortgage Loan is in the "borrower's interest," as documented by a "borrower's interest worksheet" for the particular Mortgage Loan, which worksheet incorporates the factors set forth in Massachusetts House Bxxx 4880 (2004) and the regulations promulgated thereunder for determining "borrower's interest," and otherwise complies in all material respects with the laws of the Commonwealth of Massachusetts;
High Cost Home Mortgage Loan as defined in the Massachusetts Act or (4) a "High-Cost Home Loan" as defined in the Indiana Act.
High Cost Home Mortgage Loan as defined in the Massachusetts Predatory Home Loan Practices Act, effective November 7, 2004 (Mass. Axx. Laws Ch. 183C;
High Cost Home Mortgage Loan as defined in the Massachusetts Predatory Home Loan Practices Act effective November 7, 2004 (the "Massachusetts Act") or (Z) a "High-Cost Home Loan" as defined by the Indiana High Cost Home Loan Law effective Jan 1, 2005 (the "Indiana Act"), it is agreed and understood by the parties hereto that it is not intended that any mortgage loan be purchased hereunder that is (1) a "High-Cost Home Loan" as defined in the New Jersey Act, (2) a "High-Cost Home Loan" as defined in the New Mexico Act, (3) a "High Cost Home Mortgage Loan" as defined in the Massachusetts Act or (4) a "High-Cost Home Loan" as defined in the Indiana Act.
High Cost Home Mortgage Loan as defined in the Acts). It is therefore understood and agreed by the parties hereto that it is not intended that any Mortgage Loan be included in the Trust Fund that is a "High-Cost Home Loan" as defined in the Acts.
High Cost Home Mortgage Loan as defined in the Massachusetts Predatory Home Loan Practices Act effective November 7, 2004 or (iv) “High Cost Home Loan” as defined in the Indiana Home Loan Practices Act effective January 1, 2005. In connection with such transfer and assignment, the Seller, on behalf of the Depositor, does hereby deliver on the Closing Date, unless otherwise specified in this Section 2.01, to, and deposit with the Trustee, or the Custodian as its designated agent, the following documents or instruments with respect to each Mortgage Loan (a “Mortgage File”) so transferred and assigned:
High Cost Home Mortgage Loan under the Massachusetts Predatory Home Loan Practices Act of 2004 (the "Massachusetts Act") or a "High-Cost Home Loan" under the Indiana High Cost Home Loan Law of 2005 (the "Indiana Act"), it is agreed and understood by the Depositor, the Seller and the Trustee that it is not intended that any mortgage loan be purchased hereunder that is a "High-Cost Home Loan" as defined in the New Jersey Act, a "High-Cost Home Loan" as defined in the New Mexico Act, a "High Cost Home Mortgage Loan" as defined in the Massachusetts Act or a "High-Cost Home Loan" as defined in the Indiana Act.