Company Mortgage Loans definition

Company Mortgage Loans. A Mortgage Loan that has been underwritten in accordance with the Underwriting Guidelines.
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Company Mortgage Loans means those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.
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Company Mortgage Loans means any mortgage loan originated, purchased, serviced or subserviced by Company or any Company Subsidiary (including Company Bank), including forward and reverse mortgage loans.
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Examples of Company Mortgage Loans in a sentence

  • Each Co-Borrower originates and sells to the Company Mortgage Loans.

  • The Company shall prepare and deliver to the Depositor and/or the Trustee such documents requiring execution and delivery by any or all of them as are necessary or appropriate to enable the Company to service and administer the Company Mortgage Loans.

  • On or after the receipt by the Company of such written notice, all authority and power of Company under this Agreement, whether with respect to the Company Mortgage Loans or otherwise, shall pass to and be vested in the Master Servicer.

  • At the cost and expense of the Company, without any right of reimbursement from its Protected Account, the Company shall be entitled to terminate the rights and responsibilities of a subservicer and arrange for any servicing responsibilities to be performed by a successor subservicer; provided, however, that nothing contained herein shall be deemed to prevent or prohibit the Company, at the Company's option, from electing to service the related Company Mortgage Loans itself.

  • In accordance with the standards of the first paragraph of this Section 3.01, the Company shall advance or cause to be advanced funds as necessary for the purpose of effecting the payment of taxes and assessments on the Mortgaged Properties relating to the Company Mortgage Loans, which advances shall be reimbursable in the first instance from related collections from the Mortgagors pursuant to Section 5.03, and further as provided in Section 5.02.

  • The Company agrees to cooperate with the Master Servicer in effecting the termination of the Company's responsibilities and rights hereunder, including, without limitation, the transfer to such successor for administration by it of all cash amounts which shall at the time be credited by the Company to its Protected Account or Escrow Account or thereafter received with respect to the Company Mortgage Loans or any related REO Property.

  • The Company shall maintain, at its own expense, a blanket fidelity bond and an errors and omissions insurance policy, with broad coverage with responsible companies on all officers, employees or other persons acting in any capacity with regard to the Company Mortgage Loans and who handle funds, money, documents and papers relating to the Company Mortgage Loans.

  • Notwithstanding the foregoing, the Company shall not be relieved of its obligations hereunder and shall be obligated to the same extent and under the same terms and conditions as if it alone were servicing and administering the Company Mortgage Loans.

  • The Company shall be responsible for maintaining, and shall maintain, a complete set of books and records for the Company Mortgage Loans which shall be appropriately identified in the Company's computer system to clearly reflect the ownership of the Company Mortgage Loans by the Trust.

  • Any subservicing agreement and any other transactions or services relating to the Company Mortgage Loans involving a subservicer shall be deemed to be between such subservicer and the Company alone, and neither the Master Servicer nor the Trustee shall have any obligations, duties or liabilities with respect to such subservicer including any obligation, duty or liability of either the Master Servicer or the Trustee to pay such subservicer's fees and expenses.


More Definitions of Company Mortgage Loans

Company Mortgage Loans. Section 3.14(a) "Company Mortgage Notes" -- Section 3.14(a) "Company Permits" -- Section 3.10 "Company Permitted Liens" -- Section 3.13(a) "Company Principal MBS Agreements" -- Section 3.13(b) "Company Series A Preferred Stock" -- Section 2.01(b) "Company Stock" -- Section 2.01(b) "Company Stock Option" -- Section 6.07 "Company Stockholders' Approval" -- Section 6.03 "Company Stockholders' Meeting" -- Section 6.03 "Confidentiality Agreement" -- Section 6.01 "Constituent Corporations" -- Section 1.01 "Contracts" -- Section 3.04(a) "control," "controlling," "controlled by" and "under common control with" -- Section 9.11(a) "DGCL" -- Section 1.01 "Disputed Values" -- Section 2.01(c)(i) "Dissenting Share" -- Section 2.01(d)(i) "Effective Time" -- Section 1.03 "Environmental Laws" -- Section 4.18(e) "Environmental Liability" -- Section 4.18(a) "ERISA" -- Section 3.17(d)(i) "Evaluation Material" -- Section 6.01 "Exchange Act" -- Section 4.05 "Exchange Agent" -- Section 2.02(a) "Exchange Fund" -- Section 2.02(a) "Expense Fee" -- Section 8.02(b) "Governmental or Regulatory Authority" -- Section 3.04(a) "group" -- Section 9.11(g) "Indebtedness" -- Section 3.15 "Indemnified Liabilities" -- Section 6.08(a) "Indemnified Parties" -- Section 6.08(a) "Indemnifying Party" -- Section 6.08(a) "Intellectual Property" -- Section 3.20 "knowledge" -- Section 9.11(d) "laws" -- Section 3.04(a) "Liens" -- Section 9.11(e) "Management Agreement Assignment Agreement" -- Section 5.06 "material", "material adverse effect" and "materially adverse" -- Section 9.11(f) "MBS" -- Section 3.13(a) "Merger" -- Preamble "Mortgage Loan" -- Section 7.02(f) "Net Asset Value" -- Section 2.01(c)(i) "Net Asset Valuation" -- Section 2.01(c)(i) "New Parent Preferred Stock" -- Section 2.01(c)(i) "NYSE" -- Section 2.01(c)(i) "Options" -- Section 3.02(a) "orders" -- Section 3.04(a) "Parent" -- Preamble "Parent Common Stock" -- Section 2.01(c)(i) "Parent Disclosure Letter" -- Section 4.01 "Parent Financial Statements" -- Section 4.05 "Parent MBS" -- Section 4.13(a) "Parent MBS Certificates" -- Section 4.13(a) "Parent Mortgage Files" -- Section 4.14(a) "Parent Mortgage Loans" -- Section 4.14(a) "Parent Mortgage Notes" -- Section 4.14(a) "Parent Permits" -- Section 4.10 "Parent Permitted Liens" -- Section 4.13(a) "Parent Preferred Stock" -- Section 4.02(a) "Parent Principal MBS Agreements" -- Section 4.13(b) "Parent SEC Reports" -- Section 4.05 "Parent Stock" -- Section 2.01(c)(i) "person" -- Section 9.11(g) ...
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Related to Company Mortgage Loans

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • Group I Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group I Mortgage Loans.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

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

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

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

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

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Group II Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group II Mortgage Loans.

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • 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 January 30, 2008 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer"), axx XXBC Bank USA, 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, subject to the prior rights of the Group I-A Certificates (and related Exchangeable Certificates), the Class I-A-PO Component and each Class of Group I-B Certificates bearing a lower numerical designation as specified in the Agreement, any Class I-B-3 Distribution Amount required to be distributed to Holders of the Class I-B-3 Certificates on such Distribution Date, subject to adjustment, in certain events, as specified in the Agreement. The pass-through rate on the Class I-B-3 Certificates applicable to each Distribution Date will be 6.000% 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 and any Relief Act Shortfall allocated to the Class I-B-3 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 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.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

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

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Premium Mortgage Loan Any Group 1 Premium Mortgage Loan or Group 2 Premium Mortgage Loan.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which Seller is selling to Buyer simultaneously with the origination thereof.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.