Committed Mortgage Loan means a Mortgage Loan which is the subject of a Take-out Commitment with a Take-out Investor.

Committed Mortgage Loan means a Purchased Mortgage Loan which is the subject of a Take-out Commitment with a Take-out Investor.

Examples of Committed Mortgage Loan in a sentence

With respect to each Committed Mortgage Loan, Seller shall arrange that all payments under the related Take-out Commitment shall be paid directly to Administrative Agent at the account set forth in Section 9 hereof, or to an account approved by Administrative Agent in writing prior to such payment.
With respect to each Committed Mortgage Loan, Seller shall arrange that all payments under the related Takeout Commitment be paid directly to Buyer at the account set forth in Schedule 4 hereof, or to an account approved by Buyer in writing prior to such payment.
Likewise, you husbands should live with your wives in understanding, showing honor to the weaker female sex, since we are joint heirs of the gift of life, so that your prayers may not be hindered.
Subject to and upon the terms and conditions of this Agreement, Bank agrees to make the Mortgage Advance to Borrower on the Closing Date in the amount of the Committed Mortgage Loan Amount.
Basin water level is maintained under manual control of the basin operator, who would normally add water when basin water level dropped 2 in., which is low enough to affect basin cleanup system operation.

More Definitions of Committed Mortgage Loan

Committed Mortgage Loan means a Mortgage Loan which is the subject of a Take-out Commitment with a Take-out Investor. “Conforming High LTV Loan” means a Conforming Mortgage Loan with an LTV of 105% or higher but not to exceed 125%. “Conforming Mortgage Loan” means a first lien Mortgage Loan originated in accordance with the criteria of an Agency for purchase of

Committed Mortgage Loan means a Mortgage Loan which is the subject of a Take-out Commitment with a Take-out Investor. “Conforming High CLTV Loan” means a Conforming Mortgage Loan originated using Desktop Underwriter for underwriting pursuantto the Fannie Mae DU Refi Plus™ program with a combined LTV of 95% or higher but not to exceed 110% as more specifically described in Fannie Mae Announcement 09-04.

Committed Mortgage Loan means a Purchased Mortgage Loan which is the subject of a Take-out Commitment with a Take-out Investor. “Concentration Limit” shall have the meaning set forth in the Pricing Side Letter. “Confidential Information” shall have the meaning set forth in Section 32(a) hereof. “Conforming Mortgage Loan” shall mean a Mortgage Loan originated in accordance with the applicable published underwriting and eligibility criteria of Xxxxxx Mae or Xxxxxxx Mac for purchase of mortgage loans. “Connection Income Taxes” shall mean Taxes imposed as a result of a present or former connection between the Buyer and the jurisdiction imposing such Tax unless such Taxes are imposed as a result of Buyer having executed, delivered or performed its obligations or received payments under, or enforced, this Agreement or any of the other Facility Documents, that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profit Taxes. 7

Committed Mortgage Loan means an Eligible Mortgage Loan as to which Agent has received a Take-Out Commitment identifying the Investor and the Committed Purchase Price.