Mortgage Administrator definition

Mortgage Administrator means Kensington Mortgage Company Limited.
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Mortgage Administrator means a corporation, partnership, sole proprietorship or other entity that has a mortgage administrator’s licence; (“administrateur d’hypothèques”)
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Mortgage Administrator means WBBS in its capacity as mortgage administrator pursuant to the Mortgage Administration Agreement or such other person as may from time to time be appointed as delegate mortgage administrator of the Mortgage Loans;
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Examples of Mortgage Administrator in a sentence

  • The Mortgage Administrator may also enter into agreements with securitized mortgage participants from time to time setting and governing priorities and the relationship among the participants.

  • The Trustee and its related companies are entitled to enter into business transactions with the Issuer, CHL, the Mortgage Administrator, the Cash/Bond Administrator and/or the related companies of any of them without accounting for any profit resulting therefrom.

  • The exercise of any discretion, right, power or authority by the Mortgage Administrator shall be subject to not having received any contrary instruction from the Issuer or the Trustee.

  • The Mortgage Administrator shall take all steps required by the relevant Mortgage Conditions or applicable law to bring each Further Advance and any consequent changes in payments Borrowers are required to make to the attention of the relevant Borrowers and shall upon receipt of a request from the Trustee, notify the Trustee of any changes in the payments in relation to those Mortgage Loans.

  • The Mortgage Administrator shall keep the Customer Files and duplicate computer records.

  • The Mortgage Administrator shall keep and maintain records in relation to each of the Mortgage Loans and the Related Security comprised in the Mortgage Portfolio for the purposes of identifying amounts paid by each Borrower, any amount due from a Borrower and the Current Balance (and, if different, the total balance) from time to time outstanding on a Borrower's Mortgage Account and such other records as would be kept by a Prudent Mortgage Lender.

  • On each relevant Further Advance Satisfaction Date, the Originator or, failing whom, the Mortgage Administrator will determine whether each Further Advance satisfies the Further Advance Conditions set out in Schedule 3 (Further Advance Conditions).

  • No Insolvency Event has occurred in respect of the Mortgage Administrator and the Mortgage Administrator is not insolvent.

  • The Mortgage Administrator shall determine whether a Product Switch has caused a breach of the Product Switch Condition set out in paragraph 9 of Schedule 4 (Product Switch Conditions) on the day on which the Fixed Rate Swap is next reset following the date of the Product Switch.

  • The Mortgage Administrator acknowledges that the Title Deeds and Customer Files relating to the Mortgage Portfolio in its possession, custody or control will be held to the order of the Issuer and the Originator Beneficiary and that it has, in its capacity as Mortgage Administrator, no beneficial interest therein and the Mortgage Administrator irrevocably waives any rights or any Security Interest which it might have therein or to which it might at any time be entitled.


More Definitions of Mortgage Administrator

Mortgage Administrator means a person who, on behalf of an investor, engages in one or more of the following activities:
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Mortgage Administrator means 5C Capital Inc., a corporation governed by the laws of the Province of Ontario, that is engaged by the Asset Manager, on behalf of the Partnership, for the purposes of servicing and administering the mortgage assets of the Partnership.
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Mortgage Administrator means (a) KMC under the Mortgage Administration Agreement or (b) if KMC's appointment is terminated under the Mortgage Administration Agreement, any other mortgage administrator selected by the Mortgage Administration Facilitator and appointed by the Issuer with the approval of the Trustee;
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Mortgage Administrator means a corporation, partnership, sole proprietorship or
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Related to Mortgage Administrator

  • Portfolio Administrator means any entity and any successor or replacement thereto, as specified in the Final Terms for each Series of ETP Securities, appointed as Portfolio Administrator in accordance with the terms of the relevant Portfolio Administration Agreement.

  • Scheme Administrator means the person or company appointed under an instrument by the founder to manage the administrative affairs of the scheme.

  • RFR Administrator means the XXXXX Administrator or the SARON Administrator, as applicable.

  • SOFR Administrator means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

  • Exchange Administrator means the entity selected by Xxxxxxx Mac to act as its exchange administrator for the Exchangeable Notes and the MAC Notes, which as of the Closing Date is U.S. Bank.

  • €STR Administrator means the European Central Bank (or any successor administrator of the Euro Short Term Rate).

  • Program Administrator means the person retained by the Wisconsin PACE Commission as provided in subsection (5)(b).

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • XXXXX Administrator means the Bank of England (or any successor administrator of the Sterling Overnight Index Average).

  • Subservicer means any Person that services Receivables on behalf of the Servicer or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Servicer under this Agreement that are identified in Item 1122(d) of Regulation AB.

  • SARON Administrator means the SIX Swiss Exchange AG (or any successor administrator of the Swiss Average Rate Overnight).

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Special Servicer Servicing Personnel The divisions and individuals of the Special Servicer who are involved in the performance of the duties of the Special Servicer under this Agreement.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Master Servicer Servicing Personnel The divisions and individuals of the Master Servicer who are involved in the performance of the duties of the Master Servicer under this Agreement.

  • Administrator means the Board or any of its Committees as will be administering the Plan, in accordance with Section 4 of the Plan.

  • School administrator means a superintendent, principal or his/her designee assistant principal//technical center director or his/her designee and/or the District’s Equity Coordinator.

  • Lead Depositor means the Depositor under the Lead Securitization Servicing Agreement.

  • Non-Lead Certificate Administrator means the “certificate administrator” under any Non-Lead Securitization Servicing Agreement.

  • Compact administrator means: the individual in each compacting state appointed pursuant to the terms of this compact, responsible for the administration and management of the state's supervision and transfer of juveniles subject to the terms of this compact, the rules adopted by the Interstate Commission and policies adopted by the State Council under this compact.

  • Zoning Administrator means the administrator of these rules who is appointed by the natural resources commission.

  • Special Servicer means the applicable special servicer with respect to the Mortgage Loan appointed as provided in the Lead Securitization Servicing Agreement.

  • Mortgage Insurer means CMHC, Genworth Financial Insurance Company Canada, or any other company that insures the payment of mortgages to mortgage lenders.

  • Records administrator means the director, county clerk, municipal secretary, superintendent, or other person responsible for maintaining the records of the local governmental entity.