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 Mortgage-Backed Securities (Form HUD 11704) from GNMA to the Servicer.
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Examples of MBS Agreement in a sentence

  • 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.

  • After the issuance date of each Pool, the Servicer shall continue to service the Mortgage Loans and will be governed by the GNMA Guide and MBS Agreement, the Xxxxxxx Mac Guide or the Xxxxxx Mae Guide, as applicable.

  • Any added MBS services and features will be governed by this MBS Agreement and the Agreement, and by any terms and conditions provided to you at the time the new MBS service or feature is added or at the time of enrollment for the feature or service, if applicable.

  • You accept responsibility for making sure that you understand how to use the MBS before you actually do so, and then that you always use the MBS in accordance with online instructions posted on the Website, which are made a part of this MBS Agreement by this reference.

  • The Website will be updated on or before the effective date, unless (i) the Licensor has made a modification and did not provide the Bank with advance notice; or (ii) an immediate change is necessary to maintain security or to prevent fraud; or (iii) a legal requirement requires immediate change; in which event this MBS Agreement will be updated within a commercially reasonable period of time.

  • The Servicer may be terminated only as provided in the Servicing Agreement, the GNMA Guide as modified by the MBS Agreement, the Xxxxxxx Mac Guide or the Xxxxxx Mae Guide, as applicable.

  • No termination of the MBS or any part thereof will affect your liability or obligations under this MBS Agreement or the Agreement accruing prior to the date of termination or any provisions of this MBS Agreement or the Agreement which, by their nature or by express provision, are intended to survive termination.

  • 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.

  • When you ask us to activate the MBS, and each time you use or allow others to use the MBS, you confirm your agreement to abide and be bound by the terms and conditions of the MBS and this MBS Agreement as in effect at that time.


More Definitions of MBS Agreement

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.
Sample 1

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.

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

  • 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.

  • 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, contained in Annex 1A to the WTO Agreement;

  • Reaffirmation Agreement means that certain Reaffirmation Agreement, dated as of the date hereof, between the Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent and the Lenders and the other holders of the Secured Obligations.

  • 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

  • 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.