Fannie Mae Mortgage Loan definition

Fannie Mae Mortgage Loan means a mortgage loan that is in Strict Compliance on the related Purchase Date with the eligibility requirements specified for the applicable Fannie Mae Program described in the Fannie Mae Guide.
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Fannie Mae Mortgage Loan. Any moxxxxxx loan which is owned, securitized or serviced by Fannie Mae.
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Fannie Mae Mortgage Loan means a permanent Mortgage Loan originated under the Fannie Mae Agreements, the Fannie Mae Guide, or any Fannie Mae Program.
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Examples of Fannie Mae Mortgage Loan in a sentence

  • Fannie Mae Advance: Any Advance with respect to a Fannie Mae Mortgage Loan.

  • Identify specifically any litigation or regulatory inquiry that involves Fannie Mae or a Fannie Mae Mortgage Loan.

  • Include Lender information, either Fannie Mae commitment number or Fannie Mae Mortgage Loan number, Property information, wiring instructions.

  • Fannie Mae Mortgage Loan: A Mortgage Loan included in a Fannie Mae Pool.

  • We start by recapitulating an existing entity-relationship model [17], which has been conceived for the public-key authentication problem (Subsection 2.1).

  • Security Procedures and Controls1.Does Lender maintain appropriate security procedures and controls to:a.Ensure confidentiality of all nonpublic personal information (NPI), Fannie Mae Mortgage Loan data, and other Fannie Mae confidential business information, andYesNob.Prevent unauthorized access, disclosure or use of such data and information, including by vendors and contractors?YesNo2.

  • The secretary will normally collect all application forms at the end of each selection panel meeting, unless otherwise agreed by the selection panel, in which case a Statement of Confidentiality must be signed by panel members.

  • All Fannie Mae Mortgage Loan files should be segregated and clearly identified as Fannie Mae assets on or before the settlement/funding date.

  • All Fannie Mae Mortgage Loan files should be clearly identified as Fannie Mae assets.

  • Rather, these Instructions will provide the Property Evaluator with:n the minimum scope of assessment for all asset classes of multifamily properties that may secure a Fannie Mae Mortgage Loan; andn a standardized format for the PNA Report meeting the specifications of the Lender and Fannie Mae.


More Definitions of Fannie Mae Mortgage Loan

Fannie Mae Mortgage Loan means the mortgage loans underlying Fannie Mae MSRs, which shall be identified as “Fannie Mae Mortgage Loans” on the applicable Schedule of Assets.
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Fannie Mae Mortgage Loan means a mortgaxx xxxn xxat is in Strict Compliance on the related Purchase Date with the eligibility requirements specified for the applicable Fannie Mae Program described in the Fannxx Xxx Guide.
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Fannie Mae Mortgage Loan means any Mortgage Loan, which includes the Mortgage Loan Documents (as defined in the Participation Agreement (Fannie Mae)), the Mortgage File (as defined in the Participation Agreement (Fannie Mae)), the monthly payments, any principal payments or prepayments, any related escrow accounts, the Servicing Rights (as defined in the Participation Agreement (Fannie Mae)) and all other rights, benefits, proceeds and obligations arising from or in connection with such Mortgage Loan, and is included in a Fannie Mae Pool.
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Related to Fannie Mae Mortgage Loan

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

  • 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.

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

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.

  • Eligible Mortgage Loan means, on any date of determination, a Mortgage Loan:

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

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

  • Substitute Mortgage Loan A Mortgage Loan substituted by the Seller for a Deleted Mortgage Loan which must, on the date of such substitution, as confirmed in a Request for Release, substantially in the form of Exhibit L, (i) have a Stated Principal Balance, after deduction of the principal portion of the Scheduled Payment due in the month of substitution, not in excess of, and not more than 10% less than the Stated Principal Balance of the Deleted Mortgage Loan; (ii) have an Adjusted Net Mortgage Rate not lower than the Adjusted Net Mortgage Rate of the Deleted Mortgage Loan, provided that the Master Servicing Fee for the Substitute Mortgage Loan shall be equal to or greater than that of the Deleted Mortgage Loan; (iii) have a maximum mortgage rate not more than 1% per annum higher or lower than the maximum mortgage rate of the Deleted Mortgage Loan; (iv) have a minimum mortgage rate specified in its related Mortgage Note not more than 1% per annum higher or lower than the minimum mortgage rate of the Deleted Mortgage Loan; (v) have the same mortgage index, reset period and periodic rate as the Deleted Mortgage Loan and a gross margin not more than 1% per annum higher or lower than that of the Deleted Mortgage Loan (vi) be accruing interest at a rate no lower than and not more than 1% per annum higher than, that of the Deleted Mortgage Loan; (iv) have a Loan-to-Value Ratio no higher than that of the Deleted Mortgage Loan; (vii) have a remaining term to maturity no greater than (and not more than one year less than that of) the Deleted Mortgage Loan; (viii) not be a Cooperative Loan unless the Deleted Mortgage Loan was a Cooperative Loan and (ix) comply with each representation and warranty set forth in Section 2.3 hereof.

  • Serviced Mortgage Loan A Mortgage Loan that is not an Outside Serviced Mortgage Loan.

  • 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.

  • Jumbo Mortgage Loan is a collective reference to Jumbo Mortgage Loans (Standard Limit) and Jumbo Mortgage Loans (Specialty).

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

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

  • Covered Mortgage Loan Any Mortgage Loan that is covered by a PMI Policy.

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

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

  • Balloon Mortgage Loan A Mortgage Loan that provides for the payment of the unamortized principal balance of such Mortgage Loan in a single payment at the maturity of such Mortgage Loan that is substantially greater than the preceding monthly payment.

  • High Cost Mortgage Loan means a Mortgage Loan classified as (a) a “high cost” loan under the Home Ownership and Equity Protection Act of 1994 or (b) a “high cost,” “threshold,” “covered,” or “predatory” loan under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law, regulation or ordinance imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees).