Examples of Collateral Advisor in a sentence
AMC also considered processes that included Fannie Mae’s Collateral Underwriter (CU) or Freddie Mac Loan Collateral Advisor (LCA) on one-unit single-family homes and condos for GSE eligible loans.
The Director then turned the Board’s attention to page Q.108 and reported that the FHA published updates to the Single Family Housing Policy Handbook 4000.1, and that Freddie Mac’s Loan Collateral Advisor will now alert users when certain prohibited, subjective, or potentially biased words or phrases are included in appraisal reports submitted through the Uniform Collateral Data Portal.
Various potential and actual conflicts of interest may arise from the overall investment activities of the Collateral Advisor and certain parties related to the Collateral Advisor.
In the absence of a liquid market, Noteholders should be aware of the redemption policy and the large redemption provisions.InsuranceThe Collateral Advisor believes that the assets owned or used by it are adequately covered by insurance placed with a reputable insurer and with commercially reasonable deductibles and limits.
You will be notified via email of your session acceptance/declination in early August.
This reflects the company’s completion of the joint venture with SMART Technologies ULC whereby the Collateral Advisor has exclusive rights to finance all SMART sales of interactive boards within the UK education market.
Any risk of loss arising from any insufficiency or ineffectiveness of the security for the Notes or the custody and clearance risks which may be associated with assets comprising the Portfolio will be borne by the Noteholders without recourse to the Issuer, the Initial Purchaser, the Trustee, the Collateral Manager, the Collateral Advisor, the Collateral Administrator, the Custodian, the Hedge Counterparties or any other party.
While the Collateral Advisor will review the value of its assets, it is possible through variations in currencies, market conditions, and the condition of specific assets (or a combination of all of these) that the value of the assets if required to be sold may be less than the value of the outstanding amount due to the Issuer under the the Collateral Advisor Loan Agreement.LiquidityThe ability to buy or sell assets at any time may be limited.
The Collateral Manager, acting on behalf of the Issuer, and acting in consultation with the Sub-Advisor and, in relation to Regulated Activities, the Collateral Advisor, may acquire interests in Collateral Obligations which are loans either directly (by way of novation or assignment) or indirectly (by way of sub participation).
The Collateral Advisor and its Affiliates may invest or invest for the account of others in debt obligations that would be appropriate as collateral for the Secured Notes and will have no duty to make such investments or to act in a way that is favorable to the Issuer or the Noteholders.