Participation Interest. An undivided beneficial interest, represented by a certificate or other written document or book entry, in one or more mortgage loans, each secured by a lien on one or more one- to four-unit residential dwellings, cooperative shares in a residential dwelling or one or more units of manufactured housing.
Appears in 7 contracts
Samples: Second Amended and Restated 2016 Single Family Master Trust Agreement, Second Amended and Restated 2007 Single Family Master Trust Agreement, Single Family Master Trust Agreement
Participation Interest. An undivided beneficial interest, represented by a certificate or other written document or book entry, in one or more mortgage loans, each secured by a lien on one or more one- to four-unit residential dwellings, cooperative shares in a residential dwelling or one or more units of manufactured housingMultifamily Properties.
Appears in 6 contracts
Samples: Master Trust Agreement, Multifamily Master Trust Agreement, Amended and Restated 2021 Multifamily Master Trust Agreement