Mortgage correspondent lender definition

Mortgage correspondent lender means a person engaged in the business of making residential mortgage loans in such person's own name where the loans are not held by such person for more than ninety days and are funded by another person through a warehouse agreement, table funding agreement or similar agreement;
Sample 1Sample 2Sample 3
Mortgage correspondent lender means a person engaged in
Sample 1
Mortgage correspondent lender means a person engaged in the business of making
Sample 1

More Definitions of Mortgage correspondent lender

Mortgage correspondent lender means a person engaged in the business of making residential mortgage loans in such person's own name where the loans are not held
Sample 1
Mortgage correspondent lender means a person engaged in the business of making residential mortgage loans in such
Sample 1
Mortgage correspondent lender means a person engaged in the
Sample 1

Related to Mortgage correspondent lender

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Approved Lender is defined in Section 12.1.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Delinquent Lender has the meaning provided in SECTION 8.15.

  • Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Affiliate Lender shall have the meaning assigned to such term in Section 9.21(a).

  • Replacement Lender shall have the meaning provided in Section 2.13.

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

  • Conduit Purchaser means each commercial paper conduit that is or becomes a party to this Agreement in the capacity of a “Conduit Purchaser”.

  • Nonparticipating Financial Institution means a nonparticipating FFI, as that term is defined in relevant U.S. Treasury Regulations, but does not include a [FATCA Partner] Financial Institution or other Partner Jurisdiction Financial Institution other than a Financial Institution identified as a Nonparticipating Financial Institution pursuant to paragraph 2 of Article 5.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Conduit Lender any special purpose corporation organized and administered by any Lender for the purpose of making Loans otherwise required to be made by such Lender and designated by such Lender in a written instrument; provided, that the designation by any Lender of a Conduit Lender shall not relieve the designating Lender of any of its obligations to fund a Loan under this Agreement if, for any reason, its Conduit Lender fails to fund any such Loan, and the designating Lender (and not the Conduit Lender) shall have the sole right and responsibility to deliver all consents and waivers required or requested under this Agreement with respect to its Conduit Lender, and provided, further, that no Conduit Lender shall (a) be entitled to receive any greater amount pursuant to Section 2.18, 2.19, 2.20 or 10.5 than the designating Lender would have been entitled to receive in respect of the extensions of credit made by such Conduit Lender or (b) be deemed to have any Commitment.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Non-BA Lender means any Lender which is not a BA Lender.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Designating Lender has the meaning specified in Section 8.07(h).