Foreclosure Loss definition

Foreclosure Loss means the loss realized when the Assuming Institution has completed the foreclosure on a Single Family Shared-Loss Loan and realized final recovery on the collateral through liquidation and recovery of all insurance proceeds. Each Foreclosure Loss shall be calculated in accordance with the form and methodology specified in Exhibits 2c(1)-(3).

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Foreclosure Loss any loss (calculated in the form and in accordance with the methodology specified in Exhibit H) realized when a Citigroup Ring-Fence Entity completes the foreclosure on a Covered Loan and realizes final recovery on any collateral securing such Covered Loan through liquidation and recovery of all insurance proceeds.

Foreclosure Loss. Settlement Amount," "Net Resale Price" and "Settlement Value" (each as defined in the Project Agreement) with respect to any Lease. All Monthly Reports, Annual Reconciliation Reports and Pool Reconciliation Reports (as hereinafter defined) prepared by Provident with respect to periods following receipt of any such notice thereafter shall include a statement of such amounts.

Examples of Foreclosure Loss in a sentence

• The Receiver shall be relieved of its obligations with respect to a Single Family Shared-Loss Loan upon payment of a Foreclosure Loss amount or a Short Sale Loss amount with respect to such Single Family Shared-Loss Loan or upon the sale of a Single Family Shared-Loss Loan by Assuming Bank to a person or entity that is not an Affiliate; provided, however, that if the Receiver consents to the sale of any such Single Family Shared-Loss Loan, any loss on such sale shall be a Portfolio Loss.

• The Receiver shall be relieved of its obligations with respect to a Shared-Loss Loan upon payment of a Foreclosure Loss amount, or a Short Sale Loss amount with respect to such Single Family Shared-Loss Loan, or upon the sale without FDIC consent of a Single Family Shared-Loss Loan by Assuming Institution to a person or entity that is not an Affiliate.

More Definitions of Foreclosure Loss

Foreclosure Loss means the loss realized when the Assuming Institution has completed the foreclosure on a Shared-Loss Loan and has realized final recovery on the collateral through liquidation and recovery of all insurance proceeds. Each Foreclosure Loss shall be calculated in the form and determined in accordance with the methodologies set forth in Exhibits 2c(1)-(3) .

Foreclosure Loss means any loss realized when the Company completes the foreclosure on a Mortgage Loan and realizes final recovery on any Underlying Collateral securing such Mortgage Loan through liquidation and recovery of all insurance proceeds.

Foreclosure Loss means the loss realized when the Assuming Bank has completed the foreclosure on a Single Family Shared-Loss Loan and realized final recovery on the collateral through liquidation and recovery of all insurance proceeds. Each Foreclosure Loss shall be calculated in accordance with the form and methodology specified in Exhibit 2a or Module 1 – Whole Bank w/ Loss Share – P&A Version 1.12 November 17, 2009 69 Republic Federal Bank, N.A. Miami, FL Exhibit 2a(1).

Foreclosure Loss means the loss realized when the Assuming Bank has completed the foreclosure on a Single Family Shared- Loss Loan and realized final recovery on the collateral through liquidation and recovery of all insurance proceeds. Each Foreclosure Loss shall be calculated in accordance with the form and methodology specified in Exhibit 2a or