Mortgage Partnership definition

Mortgage Partnership means First Industrial Mortgage L.P., a Delaware limited partnership. FIMC is the sole general partner of the Mortgage Partnership and Borrower is the sole limited partner.
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Examples of Mortgage Partnership in a sentence

  • FIM is a wholly-owned subsidiary of the Company and is the sole general partner of the Mortgage Partnership.

  • Recourse Issues Related to Federal Home Loan Bank Mortgage Programs In 1997 the Federal Home Loan Bank of Chicago offered to purchase mortgages from its members under a pilot program, the Mortgage Partnership Finance (MPF) Program.

  • Do not report in this item the outstanding balance of 1-4 family residential mortgages sold to a Federal Home Loan Bank (FHLB) through a Mortgage Partnership Finance Program that the FHLB in turn securitizes.

  • AMA programs include both the Mortgage Partnership Finance Program and the Mortgage Purchase Program.

  • The Federal Home Loan Bank of Seattle followed with its Mortgage Partnership Program (MPP).

  • A group of thrifts and thrift trade associations located in California, Texas, and Ohio unsuccessfully challenged the legality of the Federal Housing Finance Board’s regulatory approval of the Mortgage Partnership Finance Program in 1997.

  • The Mortgage Partnership Finance (MPF) Program allows members to sell conventional or government- guaranteed mortgages to their regional FHLB.

  • Executives do not presently hold any options over ordinary shares and all options previously held by executives expired unexercised during the previous financial year.

  • During 2002 the Mortgage Partnership Finance Program purchased $27.9 bil- lion in mortgages, and at year-end there were$42.3 billion of these loans outstanding.

  • GSE Secondary Conforming Mortgage Market Programss noted in the introduction, the FHLB System offers two broad classes of mortgage programs.The Mortgage Partnership Finance Program rep- resents a single mortgage program offering stan- dardized products with most functions consolidated at the Chicago FHLB.

Related to Mortgage Partnership

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • Residential mortgage loan means any loan primarily for

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;

  • Cooperative Apartment A dwelling unit in a multi-dwelling building owned or leased by a Cooperative, which unit the Mortgagor has an exclusive right to occupy pursuant to the terms of a proprietary lease or occupancy agreement.

  • REIT means a “real estate investment trust” under Sections 856 through 860 of the Code.

  • Apartment owner means the person owning an apartment and an undivided interest in the common areas and facilities appurtenant to such apartment in the percentage specified in the conveyance deed of apartment;

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

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Partnership has the meaning set forth in the Preamble.

  • Apartment shall have the meaning ascribed to it in Recital H;

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

  • Operating Partnership has the meaning set forth in the preamble.

  • Managing entity means the managing agent or, if there is no managing agent, the time-share

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Mortgage Servicing Rights The rights and responsibilities of Seller with respect to servicing the Mortgage Loans under the Servicing Agreements, including any and all of the following if and to the extent provided therein: (a) all rights to service a Mortgage Loan; (b) all rights to receive servicing fees, Ancillary Income, reimbursements or indemnification for servicing the Mortgage Loan, and any payments received in respect of the foregoing and proceeds thereof; (c) the right to collect, hold and disburse escrow payments or other payments with respect to the Mortgage Loan and any amounts actually collected with respect thereto and to receive interest income on such amounts to the extent permitted by Applicable Law; (d) all accounts and other rights to payment related to any of the property described in this paragraph; (e) possession and use of any and all Credit Files pertaining to the Mortgage Loan or pertaining to the past, present or prospective servicing of the Mortgage Loan; (f) to the extent applicable, all rights and benefits relating to the direct solicitation of the related Mortgagors for refinance or modification of the Mortgage Loans and attendant right, title and interest in and to the list of such Mortgagors and data relating to their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

  • Single member limited liability company means a limited liability company that has one direct member.

  • 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.

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 2 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.