Manufactured Home Mortgage Loans definition

Manufactured Home Mortgage Loans shall have the meaning specified in paragraph (k) on Schedule 1.
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Examples of Manufactured Home Mortgage Loans in a sentence

  • In the case of any Mortgaged Properties that are Manufactured Homes ("Manufactured Home Mortgage Loans"), (i) the related manufactured dwelling is permanently affixed to the land, (ii) the related manufactured dwelling and the related land are subject to a Mortgage properly filed in the appropriate public recording office and naming WMC Mortgage Corp.

  • In the case of any Mortgaged Properties that are manufactured homes (a "Manufactured Home Mortgage Loans"), (i) such Manufactured Home Mortgage Loan conforms with the applicable Fannie Mae or Freddie Mac requirements regarding mortgaxx xxxns related to xanufactured dwellings, (ii) the related manufactured dwelling is permanently affixed to the land, (iii) the related manufactured Exh.

Related to Manufactured Home Mortgage Loans

  • Manufactured home means a structure, transportable in one or more sections, which is built on a permanent chassis and is designed for use with or without a permanent foundation when attached to the required utilities. The term "manufactured home" does not include a "recreational vehicle".

  • Eligible Mortgage Loan means, on any date of determination, a Mortgage Loan:

  • 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.

  • Defective Mortgage Loan Any Mortgage Loan which is required to be repurchased pursuant to Section 2.02 or 2.03.