WFHMI Serviced Loan definition

WFHMI Serviced Loan. Each of the Mortgage Loans identified as such on the Mortgage Loan Schedule.
WFHMI Serviced Loan. Each of the Mortgage Loans identified as such on the Mortgage Loan Schedule. SECTION 1.02 Interest Calculations. Interest on the LIBOR Certificates and the Class A-IO-2 Certificates shall be calculated on the basis of a 360- day year and the actual number of days elapsed. The calculation of all fees and interest on the Class A-IO-1 Certificates, the Class A-IO-S Certificates, the Class X Certificates and on each Lower Tier Interest shall be made on the basis of a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest xxxxx with one-half of one xxxxx being rounded down.
WFHMI Serviced Loan. Each of (i) the Mortgage Loans identified as such on the Mortgage Loan Schedule and (ii) each Designated Mortgage Loan transferred to WFHMI for primary servicing on a WFHMI Servicing Transfer Date.

More Definitions of WFHMI Serviced Loan

WFHMI Serviced Loan. Each Designated Mortgage Loan transferred to WFHMI for primary servicing on a WFHMI Servicing Transfer Date.

Related to WFHMI Serviced Loan

  • Serviced Loan A Serviced Mortgage Loan or Serviced Companion Loan.

  • Serviced Loan Combination A Loan Combination that is being serviced pursuant to this Agreement. The only Serviced Loan Combinations related to the Trust as of the Closing Date are the Loan Combinations as to which “Serviced” is set forth in the Loan Combination Table under the column heading “Servicing Type,” together with any Servicing Shift Loan Combinations. A Servicing Shift Loan Combination will no longer be a Serviced Loan Combination on and after the related Servicing Shift Date.

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

  • Specially Serviced Loan Any Serviced Loan (including a related REO Mortgage Loan or REO Companion Loan) as to which any of the following events has occurred:

  • Specially Serviced Mortgage Loan means the Mortgage Loan during the period it is serviced by the Special Servicer following a Servicing Transfer Event.

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

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Whole Loan As defined in the Introductory Statement.

  • 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.

  • Corrected Mortgage Loan Any Mortgage Loan that had been a Specially Serviced Mortgage Loan but has ceased to be such in accordance with the definition of "Specially Serviced Mortgage Loan" (other than by reason of a Liquidation Event occurring in respect of such Mortgage Loan or a related Mortgaged Property becoming an REO Property).

  • Mortgage Loan Group Either Group I or Group II.

  • 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.

  • Refinanced Mortgage Loan A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.

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