IndyMac Loans definition
Examples of IndyMac Loans in a sentence
With respect to the IAX(1) Component and the IAX(2) Component, the Scheduled Principal Balance of the Stripped IndyMac Loans from Pool 1 and Pool 2, respectively, as of the first day of the related Accrual Period.
In either case, the IndyMac Loans shall be serviced by the successor to the IndyMac pursuant to the servicing provisions of this Agreement, and the Designed Mortgage Loans shall be deemed as "Non-Designated Mortgage Loans" under this Agreement; provided, however, it is understood and acknowledged by the parties hereto that there will be a period of transition (not to exceed 90 days) before the actual servicing functions can be fully transferred to a successor of IndyMac.