Examples of Original Mortgage Loan in a sentence
The Original Mortgage Loan Portfolio will consist of Mortgage Loans (including the BFFAB Mortgage Loans) purchased by the Issuer from the Mortgage Loan Seller on the Closing Date.
Refinancing Original Mortgage Loan A refinancing renders the MCC null and void.
Under the terms of the Mortgage Loan Sale Agreement (i) the Warehouser will sell and assign certain of the Mortgage Loans (such Mortgage Loans being the BFFAB Mortgage Loans) to the Mortgage Loan Seller and (ii), the Mortgage Loan Seller will sell and assign to the Issuer and the Issuer will, subject to satisfaction of certain conditions precedent, purchase from the Mortgage Loan Seller, the Original Mortgage Loan Portfolio on the Closing Date.
The benefit of the security provided under the Mortgage Loans in the Original Mortgage Loan Portfolio will transfer to the Issuer upon the Issuer's purchase of the Original Mortgage Loan Portfolio.
Original Mortgage Loan Balance Current Number of % of Number of Total Balance (€) % of Total BalanceMortgage Loans Mortgage Loans €0.00 – €24,999.99 ..............................................