Common use of Qualified Mortgage Clause in Contracts

Qualified Mortgage. The Mortgage Loan is an obligation (including any participation or certificate of beneficial ownership therein) which is principally secured by an interest in real property;

Appears in 18 contracts

Samples: Transfer and Servicing Agreement (FBR Securitization, Inc.), Transfer and Servicing Agreement (First NLC Securitization, Inc.), Pooling and Servicing Agreement (GSAMP Trust 2005-He4)

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Qualified Mortgage. The Each Mortgage Loan is an obligation (including any participation or certificate of beneficial ownership therein) which is principally secured by an interest in real propertyproperty within the meaning of Section 860G(a)(3) of the Code;

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Home Equity Loan Trust 2006-3), Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc), Pooling and Servicing Agreement (Morgan Stanley IXIS Real Estate Capital Trust 2006-1)

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Qualified Mortgage. The Mortgage Loan is an obligation (including any participation or certificate of beneficial ownership therein) which is principally secured by an interest in real propertyproperty and is a "qualified mortgage" within Section 860G(a)(3) of the Code;

Appears in 1 contract

Samples: Mortgage Loan Purchase and Warranties Agreement (ABFC 2006-Opt1 Trust)

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