Mortgage Loan Receivable definition

Mortgage Loan Receivable means any loan or other note receivable owned by or held by any of the Consolidated Parties, in each case, secured by a mortgage or deed of trust on Property.
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Mortgage Loan Receivable means any term loan made by Customer to a borrower in connection with a Real Estate Mortgage Loan, in each case as amended, modified or supplemented from time to time, and all rights of every nature of Customer and all obligations of Obligor thereunder, including but not limited to all Indebtedness or other obligations owed to Customer (without giving effect to any transfer or conveyance to Facility Agent hereunder) of such Obligor arising thereunder, and includes, without limitation, the obligation to pay any Finance Charges with respect thereto.
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Mortgage Loan Receivable means the right to all repayments and other payments in respect of any and all
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Examples of Mortgage Loan Receivable in a sentence

  • Mortgage Loan Receivable On September 20, 1993, the Company purchased a 30% participation in a promissory note from Life Investors Insurance Company of America ("Life Investors"), an affiliate of AEGON Realty Advisors.

  • Should any of the NHG Mortgage Loans and the NHG Mortgage Loan Receivables not or no longer comply with this representation at the time at which the Seller has assessed with respect to any of the NHG Mortgage Loan Receivables whether the relevant NHG Mortgage Loan Receivable complies with such representation, the Seller will be required to repurchase the relevant Mortgage Receivables (see section 7.1 (Purchase, Repurchase and Sale).


More Definitions of Mortgage Loan Receivable

Mortgage Loan Receivable means the right to all repayments and other payments in respect of any and all advances extended from time to time before, on or after this Agreement by Borrower, Servicer or Seller under a Mortgage Note that are owing to Borrower (or owing to Borrower and owing to a participant (or participants) under a Participation Agreement whose interests in such right to repayment are pari passu with, or subordinated to, Borrower’s interests therein; provided, that Borrower and Servicer have exclusive control over the enforcement and/or waiver of the Mortgage Loan Receivable and any rights under or terms of the related Contract and any related agreements, documents or instruments, subject to Participant Voting Rights) by the related Obligor, all other rights against such Obligor under such Mortgage Note (including, without limitation, all rights with respect to the payment of principal, interest, fees, prepayment fees, default interest and other amounts under such Mortgage Note) and all rights of a secured party (as such term is defined in the UCC) with respect to the unpaid balance of any amounts payable under such Mortgage Note, including, without limitation all proceeds of the foregoing and all enforcement rights in respect thereof.
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Related to Mortgage Loan Receivable

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • Mortgage Loan File As defined in Section 2.1(b) and any additional documents required to be added to the Mortgage Loan File pursuant to this Agreement.

  • Mortgage Loan Group Either Group I or Group II.

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

  • 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.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans sold by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Registered mortgage loan originator means any individual who:

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

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

  • Serviced Mortgage Loan A Mortgage Loan that is not an Outside Serviced Mortgage Loan.

  • Mortgage Loan Rate means, as of any date of determination, the weighted average of the Note A Rate and the Note B Rate.

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

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • Transferred Receivable means a Purchased Receivable or a Contributed Receivable.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • Mortgage Loan Schedule shall have the meaning assigned to such term in the recitals.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.