Xxxxxx Mae Certificates definition

Xxxxxx Mae Certificates. The “fully modified pass-through” mortgage backed securities guaranteed as to timely payment of principal and interest by the Government National Mortgage Association included in the Lower Tier REMIC and identified in the Mortgage Security Schedule.

Examples of Xxxxxx Mae Certificates in a sentence

  • The Participating Lending Institution further agrees that all Mortgage Loans originated by the Participating Lending Institution under each Program will be eligible to be used for Xxxxxx Xxx Pools, Xxxxxx Mae Pools, or Xxxxxxx Mac Pools to back Xxxxxx Mae Certificates, Xxxxxx Xxx Certificates and Xxxxxxx Mac Certificates respectively, sold to the Division.

Related to Xxxxxx Mae Certificates

  • COFI Certificates As specified in the Preliminary Statement.

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Exchange Certificates Means the pass through certificates substantially in the form of Exhibit A hereto issued in exchange for the Initial Certificates pursuant to the Registration Rights Agreement and authenticated hereunder.

  • Underlying REMIC Certificates The REMIC Certificates held in the Trust and evidencing beneficial interests in the REMIC Trust. US Bank: U.S. Bank National Association, a national banking association. ARTICLE II The Trust

  • Group I Certificates The Class A-1 Certificates.

  • Group 3 Certificates As specified in the Preliminary Statement.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Retail Certificates A Senior Certificate, if any, offered in smaller minimum denominations than other Senior Certificates, and designated as such in the Series Supplement.

  • New Certificates has the meaning set forth in Section 3.04(a).

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Private Certificates As specified in the Preliminary Statement.

  • Group II Certificates The Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates.

  • Single Certificate With respect to any Class of Certificates (other than the Class P Certificates and the Residual Certificates), a hypothetical Certificate of such Class evidencing a Percentage Interest for such Class corresponding to an initial Certificate Principal Balance or Notional Amount of $1,000. With respect to the Class P Certificates and the Residual Certificates, a hypothetical Certificate of such Class evidencing a 20% Percentage Interest in such Class.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Pass Through Certificates means the pass through certificates issued by the Pass Through Trusts (and any other pass through certificates for which such pass through certificates may be exchanged).

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".