Examples of Group 1 Loans in a sentence
This Certificate is primarily backed by the Group 1 Loans deposited by the Depositor.
The Group 1 Loans having Pass-Through Rates greater than or equal to 5.500% per annum.
The Certificates are limited in right of payment to certain collections and recoveries respecting the related Group 1 Loans and payments received pursuant to the Group 1 Certificate Cap Contract and the Group 1 Basis Risk Cap Contract, each as more specifically set forth herein and in the Agreement.
The Mortgage Loans designated on the Mortgage Loan Schedule as Group 1 Loans.
The underwriting for these Group 1 Loans is generally based on the borrower's "Credit Score" score and therefore these Group 1 Loans do not correspond to the alphabetical risk categories listed above.
Distributions on this Certificate will be made primarily from collections on the applicable Group 1 Loans pursuant to the terms of the Agreement.
As part of its servicing duties, the Master Servicer or the Sub-Servicer of the Group 1 Loans shall, if and to the extent required by law, pay to the Mortgagors interest on funds in Servicing Accounts from its or their own funds, without any reimbursement therefor.
The Indenture Trustee hereby consents to such transfer with respect to the Group 1 Loans.
This certifies that [___________] is the registered owner of the Percentage Interest evidenced by this Certificate in certain monthly distributions with respect to a Trust Fund consisting primarily of the Group 1 Loans and Group 2 Loans deposited by Mortgage Asset Securitization Transactions, Inc.
Distributions on this Certificate will be made primarily from collections on the Group 1 Loans pursuant to the terms of the Agreement.