Examples of Acquired MSRs in a sentence
MSRs related to previously issued Xxxxxx Mae MBS that the Servicer acquired, provided that Xxxxxx Xxx has acknowledged that the Servicer is deemed the “issuer” of the Pooled Mortgages related to such Acquired MSRs by execution of the Assignment Agreement (Xxxxxx Mae MBS Guide Appendix VIII-3), or any such successor form approved by Xxxxxx Xxx from time to time.
First Quarter 2019 Highlights: w Mortgage Servicing Rights (“MSRs”) § Acquired MSRs totaling approximately $22 billion unpaid principal balance (“UPB”).
Acquired MSRs: MSRs related to previously issued Ginnie Mae MBS that the Servicer acquired, provided that Ginnie Mae has acknowledged that Caliber is deemed the “issuer” of the Pooled Mortgages related to such Acquired MSRs by execution of the Assignment Agreement (OMB Approval No. 2503-0033), or any such successor form approved by Ginnie Mae from time to time.
Corporate Advance: Any advance disbursed by the Servicer with respect to any Mortgage Pool as required by the Ginnie Mae Contract with respect to any Mortgage Loan included in the related Mortgage Pool (other than amounts advanced as MBS Advances or Escrow Advances), excluding any advance disbursed by an Interim Servicer related to Acquired MSRs until such time as Servicer completes reconciliation of such advances with the Interim Servicer and pays the Interim Servicer for such advances.
Second Quarter 2019 Highlights: ⬥ Mortgage Servicing Rights (“MSRs”) ◾ Acquired MSRs totaling approximately $53 billion unpaid principal balance (“UPB”).