Accredited Mortgage Loans definition

Accredited Mortgage Loans. The Mortgage Loans purchased by the Purchaser pursuant to the Accredited Purchase Agreement for which Accredited is identified as Originator on the Mortgage Loan Schedule.
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Accredited Mortgage Loans. The Mortgage Loans purchased by the Sponsors pursuant to the Accredited Purchase Agreements for which Accredited is identified as Originator on the Mortgage Loan Schedule. Accredited-MSMC Agreements: The Accredited-MSMC Purchase Agreement and the Accredited-MSMC Assignment Agreement, copies of which are attached hereto as Exhibit T.
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Accredited Mortgage Loans. The Mortgage Loans purchased by the Seller pursuant to the Accredited Sale Agreement or any Eligible Substitute Mortgage Loan substituted for an Accredited Mortgage Loan.
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Examples of Accredited Mortgage Loans in a sentence

  • You provide your information to the Promoter and not to Facebook, Twitter or Instagram.

  • Representations and Warranties of Accredited as to the Accredited Mortgage Loans Schedule VIII.

  • Except with respect to Accredited Mortgage Loans representing approximately 0.74% of the Accredited Mortgage Loans (by Cut-off Date Pool Principal Balance), all payments required to be made up to the Securitization Closing Date for the Mortgage Loan under the terms of the Mortgage Note, other than payments not yet 30 days delinquent, have been made and credited.

  • Except with respect to Accredited Mortgage Loans representing approximately 0.539% of the aggregate principal balance of Accredited Mortgage Loans as of the Cut-off Date, all payments required to be made up to the Securitization Closing Date for the Mortgage Loan under the terms of the Mortgage Note, other than payments not yet 30 days delinquent, have been made and credited.

  • However, once employed with the agency, most interviewees stated that they bought into the agency’s mission and believe that their work is extremely important.

  • Explanatory statement on the ability to satisfy conditions which the investment project must satisfy in the case of projects in sectors in which investment is conditional stipulated in article 29 of the Law on Investment and in Appendix III issued with this Decree.

  • Mortgage Pass-Xxxxxxh Xxxxxxicates Series 2004-HE1 Representations and Warranties of Accredited as to the Accredited Mortgage Loans -------------------------------------------- Accredited hereby makes the representations and warranties set forth in this Schedule VI, as to Accredited Mortgage Loans only, to the Depositor and the Trustee, as of February 26, 2004 (the "Securitization Closing Date") (unless otherwise expressly indicated).

  • Mortgage Pass-Xxxxxxh Xxxxxxicates Series 2004-HE3 Representations and Warranties of Accredited as to the Accredited Mortgage Loans Accredited hereby makes the representations and warranties set forth in this Schedule VI, as to Accredited Mortgage Loans only, to the Depositor, the Servicers and the Trustee, as of May 27, 2004 (the "Securitization Closing Date") (unless otherwise expressly indicated).

  • Except with respect to Accredited Mortgage Loans representing approximately 0.51% of the aggregate principal balance of Accredited Mortgage Loans as of the Cut-off Date, all payments required to be made up to the Securitization Closing Date for the Mortgage Loan under the terms of the Mortgage Note, other than payments not yet 30 days delinquent, have been made and credited.

  • While the same person could potentially take the survey from multiple devices, the opportunity cost of time could prevent them from doing so.


More Definitions of Accredited Mortgage Loans

Accredited Mortgage Loans. The Mortgage Loans identified as being originated by Accredited on the Mortgage Loan Schedule.
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Accredited Mortgage Loans. Any Mortgage Loans originated or acquired by the Seller pursuant to the Accredited Mortgage Loan Purchase Agreement.
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Accredited Mortgage Loans. The Mortgage Loans being subserviced by Accredited as of the Closing Date pursuant to the Accredited Servicing Agreement.
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Accredited Mortgage Loans means the Mortgage Loans other than the Aames Mortgage Loans. "Aames Mortgage Loans" shall mean the Mortgage Loans which were originated by Aames and/or sold to Accredited by Aames.
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Related to Accredited Mortgage Loans

  • Converted Mortgage Loan An ARM Loan with respect to which the Borrower has complied with the applicable requirements of the related Mortgage Note to convert the related Mortgage Interest Rate to a fixed rate of interest, and the Servicer has processed such conversion. Co-op Shares: Shares issued by private non-profit housing corporations.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans together with the Repurchase Assets related to such Mortgage Loans transferred by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Serviced Mortgage Loan A Mortgage Loan that is not an Outside Serviced Mortgage Loan.

  • Deleted Mortgage Loan A Mortgage Loan replaced or to be replaced by a Qualified Substitute Mortgage Loan.

  • Corrected Mortgage Loan Any Mortgage Loan that had been a Specially Serviced Mortgage Loan but has ceased to be such in accordance with the definition of "Specially Serviced Mortgage Loan" (other than by reason of a Liquidation Event occurring in respect of such Mortgage Loan or a related Mortgaged Property becoming an REO Property).

  • Special Serviced Mortgage Loan The Mortgage Loans for which the Special Servicer acts as servicer pursuant to Section 3.19.

  • Covered Mortgage Loan Any Mortgage Loan that is covered by a PMI Policy.

  • Distressed Mortgage Loan Any Mortgage Loan that at the date of determination is Delinquent in payment for a period of 90 days or more without giving effect to any grace period permitted by the related Mortgage Note or for which the applicable Servicer or the Trustee has accepted a deed in lieu of foreclosure.

  • Subserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is subject to a Subservicing Agreement.

  • Non-Serviced Mortgage Loan means a Mortgage Loan included in the Trust but serviced under another agreement. There are no Non-Serviced Mortgage Loans in the Trust.

  • Reportable Modified Mortgage Loan Any Mortgage Loan that (i) has been subject to an interest rate reduction, (ii) has been subject to a term extension or (iii) has had amounts owing on such Mortgage Loan capitalized by adding such amount to the Stated Principal Balance of such Mortgage Loan; provided, however, that a Mortgage Loan modified in accordance with clause (i) above for a temporary period shall not be a Reportable Modified Mortgage Loan if such Mortgage Loan has not been delinquent in payments of principal and interest for six months since the date of such modification if that interest rate reduction is not made permanent thereafter.

  • Modified Mortgage Loan Any Mortgage Loan that has been the subject of a Servicing Modification.

  • MERS Designated Mortgage Loan Mortgage Loans for which (a) the Seller has designated or will designate MERS as, and has taken or will take such action as is necessary to cause MERS to be, the mortgagee of record, as nominee for the Seller, in accordance with MERS Procedures Manual and (b) the Seller has designated or will designate the Purchaser as the Investor on the MERS System.

  • Eligible Mortgage Loan means a Mortgage Loan:

  • Streamlined Mortgage Loan A Mortgage Loan originated in connection with the refinance of a mortgage loan pursuant to the related Seller’s streamlined documentation program then in effect.

  • Qualified Mortgage A Mortgage Loan that is a “qualified mortgage” within the meaning of Code Section 860G(a)(3) (but without regard to the rule of Treasury Regulations Section 1.860G-2(f)(2) that causes a defective Mortgage Loan to be treated as a “qualified mortgage”, or any substantially similar successor provision).

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Refinanced Mortgage Loan A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Performing Serviced Mortgage Loan A Serviced Mortgage Loan that is not, and is not part of, a Specially Serviced Loan or REO Loan.

  • Liquidated Mortgage Loan With respect to any Distribution Date, a defaulted Mortgage Loan (including any REO Property) which was liquidated in the calendar month preceding the month of such Distribution Date and as to which the Master Servicer has determined (in accordance with this Agreement) that it has received all amounts it expects to receive in connection with the liquidation of such Mortgage Loan, including the final disposition of an REO Property.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Group III Mortgage Loans and "Group IV Mortgage Loans," respectively), formed by Wells Fargo Asset Securities Corporation (hereinafter called the "Depxxxxxr," which term includes any successor entity under the Agreement referred to below). The Trust Estate was created pursuant to a Pooling and Servicing Agreement dated as of February 27, 2006 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer") anx X.X. Bank National Association, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereinafter. To the extent not defined herein, the capitalized terms used herein have the meanings ascribed to such terms in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing on the first Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the Group II-A Distribution Amount for the Class II-A-7 Certificates required to be distributed to Holders of the Class II-A-7 Certificates on such Distribution Date, subject to adjustment in certain events as specified in the Agreement. Distributions in reduction of the Principal Balance of certain Classes of Class A Certificates may not commence on the first Distribution Date specified above. Distributions of principal will be allocated among the Classes of Group II-A Certificates in accordance with the provisions of the Agreement. The pass-through rate on the Class II-A-7 Certificates applicable to each Distribution Date will be 5.500% per annum. The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class II-A-7 Certificates, as described in the Agreement. Distributions on this Certificate will be made by the Paying Agent by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register, unless such Person is entitled to receive payments by wire transfer in immediately available funds in accordance with the Agreement and such Person has notified the Paying Agent pursuant to the Agreement that such payments are to be made by wire transfer of immediately available funds. Notwithstanding the above, the final distribution in reduction of the Principal Balance of this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency of the Paying Agent specified for that purpose in the notice of final distribution. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate constitutes a "regular interest" in a "real estate mortgage investment conduit" as those terms are defined in Section 860G(a)(1) and Section 860D, respectively, of the Internal Revenue Code of 1986, as amended. Unless this Certificate has been countersigned by an authorized officer of the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

  • REMIC Eligible Mortgage Loan A Mortgage Loan held by a REMIC which satisfies and/or complies with all applicable REMIC Provisions.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.