Pool Certification Sample Clauses

Pool Certification. In all material respects, all pools relating to the Mortgage Loans have been certified in accordance with applicable regulations, and the securities backed by such pools have been issued on uniform documents, in accordance with the applicable investor guide without any material deviations therefrom. The principal balance outstanding and owing on the Mortgage Loans in each pool equals or exceeds the amount owing to the corresponding security holders of such pool. No event has occurred or failed to occur which would require Seller to repurchase any Mortgage Loan from any pool, except with respect to the obligation to repurchase Conforming Loans that are in foreclosure.
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Pool Certification. Each Mortgage Loan included in a Pool meets all eligibility requirements for inclusion in such Pool, in accordance with all applicable standards of eligibility for loan pooling. The Loan Documents for each Mortgage Loan contain or will contain, within the period required by applicable Investor Regulations, all items required by applicable Investor Regulations for the certification of Pools by the appropriate Investor, and such Pools will be in compliance with all applicable Investor requirements and guidelines, within the period required by applicable Investor Regulations. Except as otherwise noted in the documentation previously provided to Parent, all Pools relating to the Mortgage Loans have been or will be, within the period required by applicable Investor Regulations, certified, finally certified and recertified (if required) in accordance with applicable Investor Regulations, and the securities backed by such Pools have been issued on uniform documents, promulgated in the applicable Investor guide without any material deviations therefrom. All Pools relating to the Mortgage Loans are or will be, within the period required by applicable Investor regulations, eligible for recertification by the appropriate custodian, and the Company will be responsible for curing any deficiencies that must be cured in order to obtain such recertification. The principal balance outstanding and owing on the Mortgage Loans in each Pool equals or exceeds the amount owing to the corresponding security holder of such Pool. To the extent that any Pools relating to Mortgage Loans are not eligible for final certification within the period required by applicable Investor regulations, the Company shall promptly take such action as is necessary to cure such deficiency and cause such Pools to be certified. No Mortgage Loan has been bought out of a Pool without approval of the appropriate Investor. Each Mortgage Loan included in a Pool satisfied the requirements of Section 3(a)(41)(A)(i) and (ii) of the Exchange Act so that interests in such Pools constitute "mortgage related securities" under Section 3(a)(41) of the Exchange Act.
Pool Certification. Except as set forth in Exhibit 3.27 hereto, all ------------ Pools relating to the Mortgage Loans have been properly balanced, reconciled, fully funded and certified, finally certified and recertified (if required) in accordance with applicable Regulations by the applicable Investor or Agency and have been aggregated pursuant to the requirements of the applicable Investor or Agency. The principal balance outstanding and owing on the Mortgage Loans in each Pool equals or exceeds the amount owing to the corresponding security holders of such Pool. To the Knowledge of the Company, no event has occurred or failed to occur which would require the Company to repurchase any Mortgage Loan from any Pool, except with respect to the obligation to repurchase from GNMA Pools FHA Loans or VA Loans that are in the process of foreclosure (or equivalent procedure).
Pool Certification. Except as set forth in Schedule 3.30 hereto, all pools relating to RBMG Loans have been properly balanced, reconciled, fully funded and certified, finally certified and recertified (if required) in accordance with applicable Regulations by the applicable Investor or Agency and have been aggregated pursuant to the requirements of the applicable Investor or Agency. The principal balance outstanding and owing on RBMG Loans in each pool equals or exceeds the amount owing to the corresponding security holders of such pool. To the Knowledge of RBMG, no event has occurred or failed to occur which would require RBMG or any RBMG Subsidiary to repurchase any RBMG Loan from any pool, except with respect to the obligation to repurchase from GNMA pools, FHA Loans or VA Loans that are in the process of foreclosure (or equivalent procedure).
Pool Certification. Except as set forth in Schedule 4.30 hereto, all pools relating to NetBank Loans have been properly balanced, reconciled, fully funded and certified, finally certified and recertified (if required) in accordance with applicable Regulations by the applicable Investor or Agency and have been aggregated pursuant to the requirements of the applicable Investor or Agency. The principal balance outstanding and owing on the NetBank Loans in each pool equals or exceeds the amount owing to the corresponding security holders of such pool. To the Knowledge of NetBank, no event has occurred or failed to occur which would require NetBank or any NetBank Subsidiary to repurchase any NetBank Loan from any pool, except with respect to the obligation to repurchase from GNMA pools, FHA Loans or VA Loans that are in the process of foreclosure (or equivalent procedure).
Pool Certification. Maintenance employees who have a current pool license will be paid an additional $200.00 per fiscal year. The license must be posted on the premises.
Pool Certification. SECTION 4.14. Servicing...................................................... SECTION 4.15.
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Pool Certification. Each Mortgage Loan included in a Mortgage Pool meets or will meet, in all material respects, all eligibility requirements for inclusion in such Mortgage Pool, except where the Investor has agreed otherwise, and such Mortgage Pools will be in compliance, in all material respects, with all applicable Investor Requirements and guidelines, within the period required by applicable Investor Requirements. To the knowledge of the Seller, all Mortgage Pools relating to the Mortgage Loans have been or will be, within the period required by applicable Investor Requirements, certified in accordance with applicable Investor Requirements. All Mortgage Pools relating to the Mortgage Loans are or will be, within the period required by applicable Investor Requirements, eligible for recertification by the appropriate custodian. No Mortgage Loan has been bought out of a Mortgage Pool without approval of the appropriate Investor.
Pool Certification. 16 "Pool Factor"...........................................................16 "Prepaid Installment"...................................................16 "Preference Amount".....................................................16 "Prepayment"............................................................16 "
Pool Certification. 11 "Pool Factor".....................................................................................11 "Pre-Funded Mortgage Loans".......................................................................11 "Pre-Funding Period"..............................................................................11 "Pre-Funding Transfer Date".......................................................................11 "Prepaid Installment".............................................................................11 "Preference Amount"...............................................................................12 "Prepayment"......................................................................................12 "Preservation Expenses"...........................................................................12 "Prime"...........................................................................................12 "Principal and Interest Account"..................................................................12 "Principal Balance"...............................................................................12 "Principal Collections"...........................................................................12 "Principal Remittance Amount".....................................................................12 "Prospectus"......................................................................................13 "Prospectus Supplement"...........................................................................13 "Qualified Replacement Mortgage"..................................................................13 "Realized Loss"...................................................................................13 "Record Date".....................................................................................13 "Register"........................................................................................14 "Registrar".......................................................................................14 "Registration Statement"..........................................................................14 "Reimbursement Amount"............................................................................14 "REO Property"....................................................................................14 "Remittance Date".................................................................................14 "Remittance Period".........................................................
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