Common use of Mirror Certificates Offering Circular Clause in Contracts

Mirror Certificates Offering Circular. The offering circular for our Uniform Mortgage-Backed Securities Mirror Certificates, Mortgage-Backed Securities Mirror Certificates, Supers Mirror Certificates and Giant Mortgage-Backed Securities Mirror Certificates and any related supplements. Moody’s: Xxxxx’x Investors Service, Inc., or any successor thereto. Mortgage: A fixed or adjustable rate residential mortgage loan or participation therein which either (i) has been acquired directly or indirectly by Freddie Mac or Xxxxxx Xxx and backs an Underlying GSE Security or other trust fund or (ii) backs a GNMA Certificate, is insured or guaranteed by the Federal Housing Administration, the Department of Veterans Affairs, the U.S. Department of Agriculture Rural Development (formerly Rural Housing Service) or the U.S. Department of Housing and Urban Development and in which Freddie Mac or Xxxxxx Xxx indirectly acquires an ownership interest through its acquisition of such GNMA Certificate or its acquisition of an ownership interest in such GNMA Certificate.

Appears in 3 contracts

Samples: Master Trust Agreement, Master Trust Agreement, Master Trust Agreement

AutoNDA by SimpleDocs

Mirror Certificates Offering Circular. The offering circular for our Uniform Mortgage-Backed Securities Mirror Certificates, Mortgage-Backed Securities Mirror Certificates, Supers Mirror Certificates and Giant Mortgage-Backed Securities Mirror Certificates and any related supplements. Moody’s: Xxxxx’x Investors Service, Inc., or any successor thereto. Mortgage: A fixed or adjustable rate residential mortgage loan or participation therein which either (i) has been acquired directly or indirectly by Freddie Xxxxxxx Mac or Xxxxxx Xxx and backs an Underlying GSE Security or other trust fund or (ii) backs a GNMA Certificate, is insured or guaranteed by the Federal Housing Administration, the Department of Veterans Affairs, the U.S. Department of Agriculture Rural Development (formerly Rural Housing Service) or the U.S. Department of Housing and Urban Development and in which Freddie Xxxxxxx Mac or Xxxxxx Xxx indirectly acquires an ownership interest through its acquisition of such GNMA Certificate or its acquisition of an ownership interest in such GNMA Certificate.

Appears in 3 contracts

Samples: Master Trust Agreement, Master Trust Agreement, Master Trust Agreement

AutoNDA by SimpleDocs

Mirror Certificates Offering Circular. The offering circular for our Uniform Mortgage-Backed Securities Mirror Certificates, Mortgage-Backed Securities Mirror Certificates, Supers Mirror Certificates and Giant Mortgage-Backed Securities Mirror Certificates and any related supplements. Moody’s: Xxxxx’x Investors Service, Inc., or any successor thereto. Mortgage: A fixed or adjustable rate residential mortgage loan or participation therein which either (i) has been acquired directly or indirectly by Freddie Mac Xxxxxxx Xxx or Xxxxxx Xxx and backs an Underlying GSE Security or other trust fund or (ii) backs a GNMA Certificate, is insured or guaranteed by the Federal Housing Administration, the Department of Veterans Affairs, the U.S. Department of Agriculture Rural Development (formerly Rural Housing Service) or the U.S. Department of Housing and Urban Development and in which Freddie Mac Xxxxxxx Xxx or Xxxxxx Xxx indirectly acquires an ownership interest through its acquisition of such GNMA Certificate or its acquisition of an ownership interest in such GNMA Certificate.

Appears in 1 contract

Samples: Multiclass Certificates Master Trust Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!