HFI Loans definition

HFI Loans means Subject Loans held in portfolio by the Insureds that are identified as HFI Loans on any of Schedules 1 through 8 of the Letter Agreement.
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HFI Loans means those loans that are designated as HFI Loans on any of Schedules 1 through 9, which include loans that are held in portfolio by Bank of America.
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Examples of HFI Loans in a sentence

  • Each such installment shall be in an amount equal to 6.25% of the HFI Loans outstanding at 5:00 p.m. (New York time) on the Termination Date, except that, in any event, the final installment shall be in an amount equal to the amount of the HFI Loans then outstanding.

  • All prepayments of HFI Loans made (or deemed to have been made pursuant to Section 1.03(f) hereof) subsequent to the Termination Date shall be applied, if such prepayments were made pursuant to Section 1.05(a), to such installments of the HFI Loans as the Borrower may specify and, if such prepayments were made pursuant to Section 1.05(b) or (c), to installments of the HFI Loans in the inverse order of their maturity.

  • The proceeds of all HFI Loans shall be used by the Borrower solely for financing the Borrower's acquisition or carrying of HFI Servicing Rights and to refinance the Indebtedness of the Borrower under the Existing Revolving/Term Credit Agreement.