Freddie Mac Mortgage Loan definition

Freddie Mac Mortgage Loan means a mortgage loan that is in Strict Compliance on the related Purchase Date with the eligibility requirements specified for the applicable Freddie Mac Program described in the Xxxxxxx Mac Guide.
Sample 1Sample 2
Freddie Mac Mortgage Loan. A mortgage loan (fixed or ARM) (a) with respect to which Freddie Mac owns the beneficial interest therein, or (b) that serves as collateral for mortgage-backed securities on which the payment of principal and interest is guaranteed by Freddie Mac.
Sample 1Sample 2Sample 3
Freddie Mac Mortgage Loan means a mortgage loan that is in Strict Compliance on the related Purchase Date with the eligibility requirements specified for the applicable Freddie Mac Program described in the Freddie Mac Guide.
Sample 1Sample 2Sample 3

Examples of Freddie Mac Mortgage Loan in a sentence

  • With respect to each Freddie Mac Mortgage Loan, such Mortgage Loan was originated and underwritten in accordance with the Xxxxxxx Mac Guide in effect at the time such Mortgage Loan was originated and such Mortgage Loan complies with such guidelines and complies with any overlays set forth in writing by Buyer.

  • The Mortgage Note, the Mortgage and all other documents in the Mortgage Loan File related to each Freddie Mac Mortgage Loan are on Freddie Mac uniform instruments or are on forms acceptable to Freddie Mac.

  • Notwithstanding the foregoing, Borrower and Bank acknowledge and agree that with respect to any Freddie Mac Mortgage Loan, the Borrower’s pledge of Collateral hereunder will not include Borrower’s present and future right to reimbursement for servicer advances, including for principal, interest, taxes, insurance and other reimbursable expenses related to Pledged Servicing Receivables.

  • A Fannie Mae Mortgage Loan or Freddie Mac Mortgage Loan, as applicable.

  • The Borrower shall not acquire, form, or otherwise invest in a Subsidiary (other than PWF and the PWF Subsidiaries) which engages in Fannie Mae or Freddie Mac Mortgage Loan purchasing, origination ox xxxxixxxg.

  • Notwithstanding the foregoing, Borrower and Bank acknowledge and agree that with respect to any Freddie Mac Mortgage Loan, Bxxxxxxx’s pledge of Collateral hereunder will not include Bxxxxxxx’s present and future right to reimbursement for servicing advances, including, without limitation, for any payments of principal, interest, taxes, insurance and other reimbursable expenses made on behalf of a party obligated to repay the indebtedness with respect to such Freddie Mac Mortgage Loan.


More Definitions of Freddie Mac Mortgage Loan

Freddie Mac Mortgage Loan means the mortgage loans underlying Freddie Mac MSRs, which shall be identified as “Freddie Mac Mortgage Loans” on the applicable Schedule of Assets.
Sample 1Sample 2
Freddie Mac Mortgage Loan. A Mortgage Loan identified as a “Freddie Mac Mortgage Loan” on the related Asset Data Record.
Sample 1Sample 2
Freddie Mac Mortgage Loan means a Mortgage Loan, which loan has been transferred and assigned to Freddie Mac and in a Freddie Mac Pool and serviced for Freddie Mac pursuant to a Freddie Mac Designated Servicing Contract, and its related Freddie Mac Designated Servicing Contract.
Sample 1
Freddie Mac Mortgage Loan means a Mortgage Loan identified as a “Freddie Mac Mortgage Loan” on the Mortgage Loan Schedule.
Sample 1

Related to Freddie Mac Mortgage Loan

  • Special Serviced Mortgage Loan The Mortgage Loans for which the Special Servicer acts as servicer pursuant to Section 3.19.

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

  • Subserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is subject to a Subservicing Agreement.

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • 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.

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

  • 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.

  • 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.

  • 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.

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

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

  • Non-Serviced Mortgage Loan means a Mortgage Loan included in the Trust but serviced under another agreement. There are no Non-Serviced Mortgage Loans in the Trust.

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

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

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

  • 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.

  • Split Mortgage Loan Any Mortgage Loan that is part of a Loan Combination. The only Split Mortgage Loans that are assets of the Trust as of the Closing Date are those that have the respective loan numbers (as set forth on the Mortgage Loan Schedule) listed on the Loan Combination Table under the column heading “Loan No. for related Mortgage Loan.”

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

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

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.

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

  • Residential mortgage loan means any loan primarily for

  • Nonsubserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is not subject to a Subservicing Agreement.

  • Jumbo Mortgage Loan Unless defined otherwise in the Transactions Terms Letter, a first lien Mortgage Loan (i) for which the original loan amount is greater than the applicable conventional conforming loan limits set by the Federal Housing Finance Authority in the jurisdiction where the related Mortgaged Property is located and (ii) which meets the transaction requirements set forth on Schedule 1 of the Transactions Terms Letter.

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.