Fannie Mae Certificate definition

Fannie Mae Certificate means a single pool, guaranteed mortgage, pass-through certificate, bearing interest at the Pass-Through Rate, issued by Fannie Mae, guaranteed as to timely payment of interest and principal by Fannie Mae and backed by Conventional Mortgage Loans, which will mature not later than the date set forth in the applicable Series Indenture.
Fannie Mae Certificate means a guaranteed mortgage pass-through Fannie Mae mortgage-backed security issued by Fannie Mae in book-entry form, recorded in the name of the Trustee or its nominee, guaranteed as to timely payment of principal of and interest by Fannie Mae, and backed by the Mortgage Loan.
Fannie Mae Certificate means a single-pool, guaranteed mortgage pass-through Fannie Mae Mortgage-backed Security, issued by Fannie Mae in book-entry form, the full and timely payment of principal of and interest on which is guaranteed by Fannie Mae, which evidences a proportional undivided interest in a Pool of Conventional Mortgage Loans, all of which loans provide for monthly payments of principal and interest in substantially equal installments for the contractual term of such loans and are fully amortized over the original term to maturity.

Examples of Fannie Mae Certificate in a sentence

  • As to each Mortgage Loan which is to be included in a Pool represented by a Freddie Mac or Fannie Mae Certificate, with all requirements of the Freddie Mac or Fannie Mae Guide 5.

  • A Freddie Mac Certificate, Fannie Mae Certificate or Ginnie Mae Certificate, as applicable.

  • FHFA OB Ex. B § 9 (Fannie Mae, Certificate of Design., Series 2008-2 Preferred Stock); Ex. C § 9 (Freddie Mac, Certificate of Design., Series Z Preferred Stock); Freddie Mac, 8th Am. & Restated Cert.

  • The Supplier will not, and will not permit any Subcontractor to, use any former OPG employee to perform the Services under this Contract without the prior written consent of OPG.


More Definitions of Fannie Mae Certificate

Fannie Mae Certificate means a guaranteed mortgage pass-through Fannie Mae Mortgage- Backed Security (or participation therein) bearing interest at the applicable pass-through rate, issued by Fannie Mae in book-entry form, transferred to the account of the Trustee or its nominee (or any successor or transferee), guaranteed as to timely payment of principal and interest by Fannie Mae and backed by Conventional Mortgage Loans in the related Fannie Mae pool.
Fannie Mae Certificate means a single pool, guaranteed mortgage pass‑through certificate, bearing interest at the Pass‑Through Rate, issued by Fannie Mae, guaranteed as to timely payment of interest and principal by Fannie Mae and backed by Conventional Mortgage Loans, which will mature not later than the date set forth in the applicable Series Indenture.
Fannie Mae Certificate means a single pool, guaranteed mortgage pass-through Fannie Mae Mortgage backed security issued by Fannie Mae in book-entry form, recorded in the name of the Trustee or its nominee, guaranteed as to timely payment of principal of and interest by Fannie Mae, and backed by Conventional Mortgage Loans in the related mortgage Pool, all of which loans provide for monthly payments of principal and interest in substantially equal installments for the contractual term of such loan and are amortizing over the original term to maturity.
Fannie Mae Certificate means a guaranteed mortgage pass-through Fannie Mae Mortgage-Backed Security, providing for the final regularly scheduled payment thereunder to be made no later than the date specified in the applicable Certificate Regarding Purchase Prices, issued by Fannie Mae in book-entry form, transferred to the account of the Trustee or its nominee (or any successor or transferee), guaranteed as to timely payment of principal and interest by Fannie Mae and backed by Conventional Mortgage Loans in the related Fannie Mae Pool, with a latest loan maturity date not later than the date specified in the applicable Certificate Regarding Purchase Prices.
Fannie Mae Certificate means a guaranteed mortgage pass-through certificate issued by Fannie Mae, the full and timely payment of principal and interest of which is guaranteed by Fannie Mae and which represents a proportional undivided ownership interest in a pool of fixed-rate mortgage loans secured by mortgages on one- to four-family residences and which is granted to the Trustee under the Indenture.

Related to Fannie Mae Certificate

  • Income Certification means a Tenant Income Certification and a Tenant Income Certification Questionnaire in the form attached as Exhibit B hereto or in such other comparable form as may be provided by the Issuer to the Owner, or as otherwise approved by the Issuer.