Portfolio Delinquency Rate definition

Portfolio Delinquency Rate means, as of any date of determination, the ratio of (i) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for any Agency that have monthly payments that are 60 days or more past due (calculated in accordance with the relevant Agency delinquency calculation methodology) to (ii) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for any Agency, in each case, as of the last calendar day of the immediately preceding month.
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Portfolio Delinquency Rate means a percentage equal to (i) the unpaid principal balance of Mortgage Loans serviced by the Business as of the Closing Date that are “30+ delinquent” Mortgage Loans and REOs, as such amount would be calculated pursuant to the guidelines of the Office of Thrift Supervision, over (ii) the unpaid principal balance of Mortgage Loans serviced by the Business on the Closing Date.
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Portfolio Delinquency Rate shall have the meaning given the term “DQ2+ Delinquency Ratio” in Chapter 18 of the Xxxxxx Xxx Agency Guide.
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Examples of Portfolio Delinquency Rate in a sentence

  • Outstanding Quality of Banco Azteca Mexico's Loan Portfolio, Delinquency Rate Decreases...” Reuters.

  • Borrower shall not permit the Portfolio Delinquency Rate with respect to any three-month period for its Ginnie Mae servicing portfolios to exceed [***].

  • Buyer and Seller shall mutually agree upon any notice required by law, and each Party shall send such notice as would reasonably be required of it as of the Closing Date, or such other time as allowed by law and mutually agreed upon by the Parties.

  • Borrower shall not permit the Portfolio Delinquency Rate with respect to any three-month period for its Fannie Mae or Freddie Mac servicing portfolios to exceed [***].


More Definitions of Portfolio Delinquency Rate

Portfolio Delinquency Rate means, as of any date of determination, (a) the ratio of (i) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for Fannie Mae that have monthly payments that are 60 daxx xx mxxx past due or in foreclosure (calculated in accordance with the relevant Fannie Mae delinquency calculation methodology) to (xx) xxe unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for Fannie Mae, in each case, determined as of the end ox xxx mxxx recently ended calendar month, multiplied by (b) 100, expressed as a percentage, calculated in a manner consistent with the Fannie Mae Servicing Contract. 742613903 21686200
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Portfolio Delinquency Rate means, as of any date of determination, (a) the ratio of (i) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for Fannie Mae that have monthly payments that are 60 days or more past due or in foreclosure (calculated in accordance with the relevant Fannie Mae delinquency calculation methodology) to (ii) the unpaid principal balance of all residential mortgage loans which are serviced by the Borrower for Fannie Mae, in each case, determined as of the end of the most recently ended calendar month, multiplied by (b) 100, expressed as a percentage, calculated in a manner consistent with the Fannie Mae Servicing Contract. 742613903 21686243
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Portfolio Delinquency Rate means, as of any date of determination, (a) the ratio of (i) the unpaid principal balance of all residential mortgage loans which are serviced by the Guarantor for Xxxxxx Xxx that have monthly payments that are 60 days or more past due or in foreclosure (calculated in accordance with the relevant Xxxxxx Xxx delinquency calculation methodology) to (ii) the unpaid principal balance of all residential mortgage loans which are serviced by the Guarantor for Xxxxxx Xxx, in each case, determined as of the end of the most recently ended calendar month, multiplied by (b) 100, expressed as a percentage, calculated in a manner consistent with the Xxxxxx Xxx Servicing Contract.
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Related to Portfolio Delinquency Rate

  • Delinquency Rate With respect to any calendar month, the fraction, expressed as a percentage, the numerator of which is the aggregate outstanding principal balance of all Mortgage Loans 60 days Delinquent or more (including all foreclosures, bankruptcies and REO Properties) as of the close of business on the last day of such month, and the denominator of which is the Pool Balance as of the close of business on the last day of such month.

  • Delinquency Ratio means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1% rounded upward) computed as of the last day of each calendar month by dividing: (a) the aggregate Outstanding Balance of all Pool Receivables that were Delinquent Receivables on such day by (b) the aggregate Outstanding Balance of all Pool Receivables on such day.

  • Average Delinquency Ratio on any Payment Date means the average of the Delinquency Ratios for the preceding three calendar months.

  • Portfolio Yield means, with respect to any Monthly Period, the annualized percentage equivalent of a fraction, the numerator of which is (a) the amount of Available Funds allocated to the MBNAseries pursuant to Section 501 of the Indenture, plus (b) any Interest Funding sub-Account Earnings on the related Transfer Date, plus (c) any amounts to be treated as MBNAseries Available Funds pursuant to Sections 3.20(d) and 3.27(a) of the Indenture Supplement, plus (d) the MBNAseries Servicer Interchange for such Monthly Period, minus (e) the excess, if any, of the sum of the PFA Prefunding Earnings Shortfall plus the PFA Accumulation Earnings Shortfall over the sum of the aggregate amount to be treated as MBNAseries Available Funds for such Monthly Period pursuant to Sections 3.04(a)(ii) and 3.25(a) of the Indenture Supplement plus any other amounts applied to cover earnings shortfalls on amounts in the Principal Funding sub-Account for any tranche of MBNAseries Notes for such Monthly Period, minus (f) the MBNAseries Investor Default Amount for such Monthly Period, and the denominator of which is the Weighted Average Available Funds Allocation Amount for the MBNAseries for such Monthly Period.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.