Mortgage Component definition

Mortgage Component. The portions of Pool 1 or Pool 2 Mortgage Loans that relate to a Subgroup.
Mortgage Component. All or a portion of a Mortgage Loan that comprises a Loan Group. With respect to the Loan Groups, a Mortgage Component is also considered a Mortgage Loan.
Mortgage Component. Each portion of a Mortgage Loan allocated to a Subgroup pursuant to the definitions of Subgroup A-P, Subgroup 1-1, Subgroup 1-2, Subgroup 1-3, Subgroup 2-1 and Subgroup 2-2, as applicable.

Examples of Mortgage Component in a sentence

  • Mortgage loans held by the Single-Family Mortgage Component of the Agency have stated interest rates and are secured by first liens on the related real property.

  • The primary purpose of the Mortgage Component is to provide technical, advisory, and training assistance to banks and non-bank financial institutions willing to start mortgage lending market operations and to assist in developing mortgage origination, and to provide banks with the technical assistance necessary for securitization of mortgage pools in order to demonstrate how mortgage pools can be liquefied and proceeds re-lent.

  • This report provides details on events and activities relating to the Mortgage Component of the USAID Financial Protection Initiative, as implemented by the Pragma Corporation, during the period from May 22, 2005 through August 21, 2005.

  • Notwithstanding any term, provision, or condition hereof to the contrary, the entire outstanding principal balance of the Mortgage Component of the Loan and the Receivables Component of the Loan, together with any and all accrued but unpaid interest thereon and all other Obligations, shall immediately be paid via wire transfer by Borrower to Lender and otherwise be satisfied in full on or before the earlier to occur of (i) an Event of Default hereunder; or (ii) the Maturity Date.

  • This Report provides details on the events and activities relating to the Mortgage Component of the USAID Access to Credit Initiative, as implemented by The Pragma Corporation, during the period from January 1, 2005 through March 31, 2005.


More Definitions of Mortgage Component

Mortgage Component. Each portion of a Mortgage Loan allocated to a Subgroup pursuant to the definitions of Subgroup 1, Subgroup 2, Subgroup 3 and Subgroup 4, as applicable.
Mortgage Component. Any Mortgage Components in Subgroup 4-2.
Mortgage Component. Any Mortgage Components in Subgroup 2-3.
Mortgage Component. Any Mortgage Components in Subgroup 2-1.
Mortgage Component shall have the meaning set forth in Sections 3.1.1.
Mortgage Component. The portions of the Mortgage Loans that relate to a Subgroup.
Mortgage Component. Each portion of a Mortgage Loan allocated to a Group pursuant to Section 2.07.