Group 4 MBS definition

Group 4 MBS. The MBS identified as such on the Mortgage Security Schedule.

Examples of Group 4 MBS in a sentence

  • Harper’s final count alleges that the Department failed to properly appoint or designate a data practices compliance official in violation of Minn.

  • Sequential Pay Classes¸.}.¸ The “Group 4 Principal Distribution Amount” is the principal then paid on the Group 4 MBS.

  • Accretion Directed Class and Accrual Class .¸.¸¸.}..Sequential Pay ClassesThe “HZ Accrual Amount” is any interest then accrued and added to the principal balance of the HZ Class.The “Group 4 Cash Flow Distribution Amount” is the principal then paid on the Group 4 MBS.

  • These Mortgage Loans have original maturities of up to 15 years in the case of the Group 1 MBS, the Group 3 MBS and Group 4 MBS, and up to 30 years in the case of the Group 2 MBS.For additional information, see “Summary—Group 1, Group 2, Group 3 and Group 4—Charac- teristics of the MBS” and “—Assumed Characteristics of the Underlying Mortgage Loans” in this prospectus supplement and “The Mortgage Pools” and “Yield, Maturity, and Prepayment Consider- ations” in the MBS Prospectus.

  • By delivering any Certificate pursuant to this Trust Agreement, the Issuer unconditionally, absolutely and irrevocably sets aside, transfers, assigns, sets over and otherwise conveys to the Trustee, on behalf of the related Holders, all of the Issuer’s right, title and interest in and to the Group 4 MBS, including all payments of principal and interest thereon received after the month in which the Issue Date occurs.

  • Accretion Directed Class and Accrual Class ..¸.¸¸.Σ.Sequential Pay ClassesThe “HZ Accrual Amount” is any interest then accrued and added to the principal balance of the HZ Class.The “Group 4 Cash Flow Distribution Amount” is the principal then paid on the Group 4 MBS.

  • The Group 4 MBS (or any mortgage-backed security that may be substituted for the Group 4 MBS pursuant to Section 2.06 of this Trust Agreement).

  • Businesses of all sizes, across all industries, have been impacted by the monumental changes to the federal tax code.

  • Sequential Pay Classes¸.}.¸.The “LZ Accrual Amount” is any interest then accrued and added to the principal balance of the LZ Class.The “Group 4 Cash Flow Distribution Amount” is the principal then paid on the Group 4 MBS.

  • The Trust and its AssetsThe trust will own• Fannie Mae MBS backed by first lien, single-family fixed-rate loans, and• Fannie Mae MBS backed by first lien, single-family adjustable-rate loans.In addition, approximately 5% of the mortgage loans underlying the Group 4 MBS are FHA insured or VA- or RHS-guaranteed.If you own certificates of certain classes, you can exchange them for certificates of the corresponding RCR classes to be delivered at the time of exchange.

Related to Group 4 MBS

  • Group 4 All of the Group 4 Certificates.

  • Group 3 All of the Group 3 Certificates.

  • Group 2 All of the Group 2 Certificates.

  • Group 3 Senior Certificates As specified in the Preliminary Statement.

  • Group B means educational improvements for pupils in

  • Group 1 All of the Group 1 Certificates.

  • Group 2 Senior Certificates As specified in the Preliminary Statement.

  • Group 1 Senior Certificates As specified in the Preliminary Statement.

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.

  • Group II Senior Certificates As specified in the Preliminary Statement.

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.

  • Group A means educational programs for career exploration, a

  • Group I Senior Certificates As specified in the Preliminary Statement.

  • Group II means Series 2019-4 and each other Series specified in the related Supplement to be included in Group II.

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.

  • Group 3 Certificates As specified in the Preliminary Statement.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • Basis Risk Shortfall Carry Forward Amount With respect to any Distribution Date and any Class of Class A Certificates and Class M Certificates, an amount equal to the sum of (A) the excess, if any, of (a) the amount of Current Interest that such Class would have been entitled to receive on such Distribution Date had the Pass-Though Rate applicable to such Class been calculated at a per annum rate equal to One-Month LIBOR plus the related Certificate Margin, over (b) the amount of Current Interest that such Class received on such Distribution Date if the Pass-Through Rate is limited to the related Net Rate Cap and (B) the amount in clause (A) for all previous Distribution Dates not previously paid, together with interest thereon at a rate equal to the related Pass-Through Rate for such Distribution Date. Bankruptcy Code: Title 11 of the United States Code.

  • GROUP III All applicants for employment who have had two (2) or more years' experience in the trade, are residents of the geographical area constituting the normal construction labor market area, and who have been employed in the normal construction labor market area for at least six (6) months in the last two and one-half (2½) years in the geographical area covered by the collective bargaining agreement.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.