MBS Agreement definition

MBS Agreement means the agreement by and between the Servicer and GNMA authorizing the Servicer to issue GNMA Securities.
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MBS Agreement means the Second Amended and Restated Mortgage Banking Services Agreement, dated as of June 30, 2020, by and between PennyMac Loan Services and PennyMac Corp.
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MBS Agreement means the commitment to guarantee GNMA Certificates from GNMA to the Servicer in accordance with the GNMA Guide.
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Examples of MBS Agreement in a sentence

  • Except as expressly amended and modified by this Amendment, the Existing MBS Agreement shall continue to be, and shall remain, in full force and effect in accordance with its terms.

  • Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Existing MBS Agreement.

  • The parties hereto agree that in the event there is any conflict between the terms of this Amendment, and the terms of the Existing MBS Agreement, the provisions of this Amendment shall control.

  • Each party represents that it is in compliance in all material respects with all the terms and provisions set forth in the Existing MBS Agreement on its part to be observed or performed.

  • Exhibit A of the Existing MBS Agreement is hereby amended by deleting it in its entirety and replacing it with the form attached hereto as Exhibit A.

  • If (i) either of the MBS Agreement or the MSR Recapture Agreement is terminated by PennyMac Loan Services without cause or (ii) the Management Agreement is terminated by PennyMac REIT Manager as provided in such agreement, the Owner shall have the right to terminate this Agreement without cause upon notice to the Servicer.

  • Please read this MBS Agreement, the Agreement, and all such additional agreements carefully before using the MBS, and keep a copy for your records.

  • By downloading the Mobile Application, you agree to the additional terms and conditions contained in the End User License Agreement Terms set forth in Section B of this MBS Agreement, and any other terms and conditions required by the Licensor of the Mobile Application.

  • This may include adding new or different terms to, or removing terms from, this MBS Agreement or the Agreement.

  • We will provide you with prior notice of amendments to this MBS Agreement when required by applicable law.


More Definitions of MBS Agreement

MBS Agreement means the Commitment to Guarantee Mortgage-Backed Securities (Form HUD 11704) from GNMA to the Servicer.
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MBS Agreement means the agreement with GNMA, Xxxxxx Mae or Xxxxxxx Mac pursuant to which GNMA, Xxxxxx Mae or Xxxxxxx Mac, respectively, has agreed to guarantee the timely payment of the specific MBS Certificates.
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MBS Agreement means the Global Master Repurchase Agreement dated as of November 13, 1996 between Seller and Credit Suisse First Boston (Hong Kong) Limited, as amended, modified, restated or supplemented from time to time, relating to mortgage-backed securities; PROVIDED, HOWEVER that if such Global Master Repurchase Agreement is replaced by a Master Repurchase Agreement between Seller and Credit Suisse First Boston (Europe) Limited, such Master Repurchase Agreement, as amended, modified, restated or supplemented from time to time shall be the MBS Agreement.
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Related to MBS Agreement

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • TRIPS Agreement means the Agreement on Trade-Related Aspects of Intellectual Property Rights in Annex 1C to the WTO Agreement;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof.

  • Placement Agreement means the Placement Agreement relating to the offering and sale of Capital Securities in the form of Exhibit C.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • NIMS Agreement Any agreement pursuant to which the NIM Securities are issued. NIMS Insurer: One or more insurers issuing financial guaranty insurance policies in connection with the issuance of NIM Securities.

  • Client Agreement means the agreement between the Company and the Client, which together with the Terms of Business are defined as “Operative Agreements” and govern the terms on which the Company deals with the Client.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • TBT Agreement means the Agreement on Technical Barriers to Trade, which is part of the WTO Agreement;

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Transaction Agreement has the meaning set forth in the recitals.

  • Factoring Agreement means any factoring agreement by and between Borrower and/or any Restricted Subsidiary and a Factor.

  • Payment Agreement means a written agreement which provides

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Joint Agreement means a type of Fund Use Agreement between the Consortium and the Fund Council that sets forth an umbrella set of terms and conditions that govern principally the submission and approval of CRP proposals and the transfer and use of funds from the CGIAR Fund for implementation of CRPs.

  • Purchase Agreement Assignment means the Purchase Agreement and Engine Warranties Assignment [________], dated as of even date with the Participation Agreement, between Lessee and Owner Trustee.

  • Side Letter means any side letter executed by an Investor with any Borrower or the Investment Adviser with respect to such Investor’s rights and/or obligations under its Subscription Agreement and any other applicable Operative Document.

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • Netting Agreement means a netting agreement, master netting agreement or other similar document having the same effect as a netting agreement or master netting agreement and, as applicable, any collateral annex, security agreement or other similar document related to any master netting agreement or Permitted Contract.

  • Reservation Agreement means a written contract entered into between MBOH and the taxpayer to provide for a Reservation and setting forth the terms and conditions under which the taxpayer may obtain a Carryover Commitment or Final Allocation.

  • Waiver Agreement means an agreement between