Approved Mortgagee definition

Approved Mortgagee means a mortgagee or mortgagees approved for the purpose of section 7 of the Act;

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Approved Mortgagee means any bank licensed under the Banking Act (Cap. 19) or any finance company licensed under the Finance Companies Act (Cap. 108), or such other mortgagee as may be approved by the Lessor in writing;

Approved Mortgagee means a mortgagee approved by the Minister by notification in the Gazette for the purposes of this Act;

Examples of Approved Mortgagee in a sentence

Seller is an FHA Approved Mortgagee and, to the extent Seller is originating VA Loans, a VA Approved Lender.
Servicer is an approved servicer for FHA, FHLMC, FNMA, GNMA, HUD and VA, is an FHA Approved Mortgagee and is qualified to own and hold VA Mortgage Loans, and shall maintain such approvals throughout the term of this Agreement.
With respect to each Agency Security and to the extent necessary, Seller is an FHA Approved Mortgagee, a VA Approved Lender and a GNMA Approved Lender.
The Servicer is an FHA Approved Mortgagee in good standing to service mortgages, and has not been suspended as a mortgagee or servicer by the FHA and has the facilities, procedures and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans.
With respect to each Agency Security and to the extent necessary, Seller is an FHA Approved Mortgagee.

More Definitions of Approved Mortgagee

Approved Mortgagee means a mortgagee approved by the Minister by notification in the Gazette;

Approved Mortgagee have the meanings given to them in Clause 56;

Approved Mortgagee means a mortgagee or mortgagees approved for the purpose by the Minister and under the terms and conditions prescribed by regulations made under this section.

Approved Mortgagee means an approved Lender that has a security interest in the Leased Premises that is subordinate to this Lease.

Approved Mortgagee shall have the meaning set forth in Section 7.1.2. “Approved Mortgagee Affiliate” shall have the meaning set forth in Section 7.1.5. “Attorney General” shall have the meaning set forth in Section 10.1.3.

Approved Mortgagee means any holder of an Approved Mortgage, provided that such holder is either: (i) an international bank or other financial institution; or (ii) a controlled affiliate of an international bank or other financial institution.

Approved Mortgagee has the meaning ascribed in the I▇▇;