Loan Group 4 definition

Loan Group 4. The Group 4 Mortgage Loans.
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Loan Group 4. All Mortgage Loans identified as Loan Group 4 Mortgage Loans on the Mortgage Loan Schedule.
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Loan Group 4. At any time, the Group 4 Mortgage Loans in the aggregate and any REO Properties acquired in respect thereof.
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Examples of Loan Group 4 in a sentence

  • The pass-through rate with respect to the Class I-4B Interest and Class I-4Q Interest shall be a per annum rate equal to the Net WAC Rate for Loan Group 4.

  • As of any date, the aggregate principal balance of the Class 4-L Interest and the Class 4-LS Interest shall equal the aggregate Pool Stated Principal Balance (Non-PO Portion) of Loan Group 4.

  • Distributions on this Certificate will be made primarily from collections on the Mortgage Loans in Loan Group 4 pursuant to the terms of the Agreement.

  • As of any date, the aggregate principal balance of the Class 4-L Interest and the Class 4-LS Interest shall equal the aggregate Stated Principal Balance of Loan Group 4.

  • Distributions on this Certificate will be made primarily from collections on the Mortgage Loans in Loan Group 4 pursuant to the terms of the Agreement, to the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement.


More Definitions of Loan Group 4

Loan Group 4. The aggregate of the Mortgage Loans identified on Schedule I as being included in Loan Group 4.
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Loan Group 4. As of the Cut-Off Date, consists of (a) a portion of each Pool 3 Mortgage Loan with a Net Mortgage Rate greater than 5.00% per annum and less than or equal to 5.25% per annum, equal to: and (b) 100% of the principal balance of each Pool 3 Mortgage Loan with a Net Mortgage Rate greater than or equal to 5.25% per annum.
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Loan Group 4. Sub-Account," "Loan Group 5 Sub-Account," "Loan Group 6 Sub-Account," "Loan Group 7 Sub-Account," "Loan Group 8 Sub-Account" and "Loan Group 9 Sub-Account") and one for each of the CB Lower-Tier Certificate Sub-Account, the DB Lower-Tier Certificate Sub-Account, the Middle-Tier Certificate Sub-Account and the Upper-Tier Certificate Sub-Account. Funds in the Distribution Account shall be held in trust for the Holders of the Certificates for the uses and purposes set forth in this Agreement.
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Loan Group 4. The group of Mortgage Loans comprised of the Group 4 Loans. ------------
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Loan Group 4. Sub-Account," "Loan Group 5 Sub-Account" and "Loan Group 6 Sub-Account") and one for each of the 1-B Lower-Tier Certificate Sub-Account, the CB Lower-Tier Certificate Sub-Account, the Middle-Tier Certificate Sub-Account and the Upper-Tier Certificate Sub-Account. Funds in the Distribution Account shall be held in trust for the Holders of the Certificates for the uses and purposes set forth in this Agreement.
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Loan Group 4. All Mortgage Loans identified as Loan Group 4 Mortgage Loans on the Mortgage Loan Schedule. Loan-to-Value Ratio: As of any date, the fraction, expressed as a percentage, the numerator of which is the Stated Principal Balance of the related Mortgage Loan at the date of determination and the denominator of which is the Appraised Value of the Mortgaged Property.
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Loan Group 4. As of the Cut-Off Date, consists of (a) 100% of the principal balance of each Pool 2 Mortgage Loan with a Net Mortgage Rate equal to 5.50% per annum and (b) a portion of each Pool 2 Mortgage Loan with a Net Mortgage Rate greater than 5.50% per annum and less than 6.00% per annum, equal to: The Stated Principal Balance of such Mortgage Loan x 1 − (Net Mortgage Rate − 5.50%) Loan Group 5: As of the Cut-Off Date, consists of (a) a portion of each Pool 2 Mortgage Loan with a Net Mortgage Rate greater than 5.50% per annum and less than 6.00% per annum, equal to: The Stated Principal Balance of such Mortgage Loan x (Net Mortgage Rate − 5.50%) and (b) 100% of the principal balance of each Pool 2 Mortgage Loan with a Net Mortgage Rate greater than or equal to 6.00% per annum.
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