Common use of CALCULATION OF FORECLOSURE LOSS Clause in Contracts

CALCULATION OF FORECLOSURE LOSS. Foreclosure after a Covered Loan Mod 1 Shared-Loss Month 20090531 2 Loan no: 138554 3 Interest Paid-to-Date 20080430 4 Foreclosure sale date 20090115 5 Liquidation date 20090412 6 Note Interest rate 0.04000 10 Valuation Date 20081215 11 Valuation Amount 210000 12 Valuation Type (Interior/exterior appraisal, BPO, AVM, etc) Ext Appr Foreclosure Loss calculation 16 NPV of projected cash flows at loan mod 285000 17 Less: Post modification principal payments 2500 Plus:

Appears in 10 contracts

Samples: Purchase and Assumption Agreement (Great Western Bancorp, Inc.), Purchase and Assumption Agreement (Customers Bancorp, Inc.), Purchase and Assumption Agreement (People's United Financial, Inc.)

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CALCULATION OF FORECLOSURE LOSS. Foreclosure after a Covered Loan Mod 1 Shared-Loss Month 20090531 2 Loan no: 138554 3 Interest Paid-to-Date 20080430 4 Foreclosure sale date 20090115 5 Liquidation date 20090412 6 Note Interest rate 0.04000 10 Valuation Date 20081215 11 Valuation Amount 210000 12 Valuation Type (Interior/exterior appraisal, BPO, AVM, etc) Ext Appr ExtAppr Foreclosure Loss calculation 16 NPV of projected cash flows at loan mod 285000 17 Less: Post modification principal payments 2500 Plus:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (CenterState Banks, Inc.)

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