Residential Funding Corporation definition

Residential Funding Corporation has a security interest in any amounts advanced by it to fund this mortgage loan and in the mortgage loan funded with those amounts. You must promptly return any amounts advanced by U.S. Bank National Association, as Collateral Agent for Residential Funding Corporation, and not used to fund this mortgage loan. You also must immediately return all amounts advanced by U.S. Bank National Association if this mortgage loan does not close and fund within 24 hours of your receipt of those funds."
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Residential Funding Corporation. RFC," "General Motors Acceptance Corporation," "General Motors Corporation," "GMAC," "GMAC/RFC," "GM," or "GMAC Mortgage Group," including, without limitation, in any oral or written communications with third parties, advertising, printed material, electronic medium, or other medium, except: (i) to the Existing Investors in order to obtain their consent to the transactions contemplated by this Agreement, the Debenture, and the other Convertible Debt Documents and Transaction Documents; (ii) to the Borrower's officers, directors, employees, attorneys and accountants; (iii) in connection with the enforcement of rights hereunder and under the other Convertible Debt Documents and Transaction Documents or otherwise in connection with applicable litigation; and (iv) where required, the size and maturity of the warehouse credit facilities provided to the Borrower under the Warehouse Credit and Term Loan Agreement and the identity of the Lender as a provider of warehouse financing thereunder, may be disclosed (A) to third parties on applications to be approved as a seller of whole loans to such third parties and on reference checks related thereto and (B) to any regulatory authority having jurisdiction over the Borrower under applicable law, rule, regulation, or judicial process.
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Residential Funding Corporation. (the "SENIOR LENDER"), and Borrower Name , as the Borrower (the "BORROWER"). Capitalized terms used in this Certification, unless otherwise defined, shall have the meaning given them in the LSA. This Certification is submitted by the Borrower in connection with the submission by the Borrower to the Senior Lender of the attached Revolving Credit Borrowing Base Certificate. As of the date of this Certificate, the Borrower hereby certifies that the following information is true and correct:
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Examples of Residential Funding Corporation in a sentence

  • If Residential Funding Corporation is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Master Servicer or Trustee acting as Master Servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

  • Residential Funding Corporation, a Delaware corporation, in its capacity as seller of the Mortgage Loans to the Company and any successor thereto.

  • Residential Funding Corporation, a Delaware corporation ("Residential Funding"), an indirect wholly-owned subsidiary of General Motors Acceptance Corporation, a New York corporation ("GMAC"), plans to incur certain obligations as described under Section 12.01 of the Series Supplement, dated as of ________________, to the Standard Terms of Pooling and Servicing Agreement dated as of ________________ (together, the "Servicing Agreement"), among Residential Funding Mortgage Securities I, Inc.

  • Residential Funding Corporation, a Delaware corporation ("Residential Funding"), an indirect wholly-owned subsidiary of General Motors Acceptance Corporation, a New York corporation ("GMAC"), plans to incur certain obligations as described under Section 12.01 of the Pooling and Servicing Agreement dated as of ___________ 1, ____ (the "Servicing Agreement"), among Residential Accredit Loans, Inc.

  • If Residential Funding Corporation is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Master Servicer or Trustee acting as successor Master Servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

  • Residential Funding Corporation, a Delaware corporation ("Residential Funding"), an indirect wholly-owned subsidiary of General Motors Acceptance Corporation, a New York corporation ("GMAC"), plans to incur certain obligations as described under Section 13.01 of the Pooling and Servicing Agreement dated as of ___________ 1, ____ (the "Servicing Agreement"), among Residential Accredit Loans, Inc.

  • If Residential Funding Corporation is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Master Servicer or Trustee acting as successor master servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

  • Residential Funding Corporation, a Delaware corporation, in its capacity as seller of the Mortgage Loans to the Company and not in its capacity as Master Servicer, and any successor thereto.

  • This Seller/Servicer Contract (as may be amended, supplemented or otherwise modified from time to time, this "Contract") is made this day of , 20 , by and between Residential Funding Corporation, its successors and assigns ("Residential Funding") and (the "Seller/Servicer," and, together with Residential Funding, the "parties" and each, individually, a "party").

  • EXHIBIT E FORM OF SELLER/SERVICER CONTRACT This Seller/Servicer Contract (as may be amended, supplemented or otherwise modified from time to time, this "Contract") is made this ____________ day of _____________________, 20 __________, by and between Residential Funding Corporation, its successors and assigns ("Residential Funding") and _________________________________________ (the "Seller/Servicer," and, together with Residential Funding, the "parties" and each, individually, a "party").


More Definitions of Residential Funding Corporation

Residential Funding Corporation. A DELAWARE CORPORATION "LENDER" ================================================================================ TABLE OF CONTENTS ARTICLE I DEFINITIONS........................................................................1
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Related to Residential Funding Corporation

  • of a corporation means all classes of Capital Stock of such corporation then outstanding and normally entitled to vote in the election of directors.

  • Qualifying corporation means any person classified for federal income tax purposes as an association taxable as a corporation, except either of the following:

  • Residential mortgage loan means any loan primarily for

  • Cooperative Corporation The entity that holds title (fee or an acceptable leasehold estate) to the real property and improvements constituting the Cooperative Property and which governs the Cooperative Property, which Cooperative Corporation must qualify as a Cooperative Housing Corporation under Section 216 of the Code.

  • Capital One means Capital One, National Association.

  • Public corporation means the same as that term is defined in Section 63E-1-102.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Residential Lot means a lot, the use of which is limited by law, covenant,

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Controlled group of corporations has the meaning set forth in Code Section 1563.

  • S corporation means a person that has made an election under subchapter S of Chapter 1 of Subtitle A of the Internal Revenue Code for its taxable year.

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467(a) and the regulations of the Office of Thrift Supervision promulgated thereunder.