IndyMac Loans definition

IndyMac Loans. The Mortgage Loans serviced by IndyMac pursuant to the IndyMac Servicing Agreement.
IndyMac Loans. Those Mortgage Loans subject to this Agreement which were purchased by the Sponsor from IndyMac pursuant to the IndyMac Servicing Agreement.

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.

Related to IndyMac Loans

  • Home Equity Loans means loans or funded portions of lines of credit secured by mortgages on one-to four-family residences or stock of cooperative housing associations, where the Failed Bank did not have a first lien on the same property as collateral.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.