Mortgage Loan Approval Code definition

Mortgage Loan Approval Code. The mortgage loan approval code, set forth in Part III of Exhibit F, placed by Custodian on a Certification Report to notify Purchaser that Custodian's review of the applicable items in a Submission Package is complete and that such items satisfy all the applicable requirements set forth in Section 4(a) and Section 4(b).
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Mortgage Loan Approval Code shall have the meaning assigned thereto in the Custodial Agreement.
Sample 1

Examples of Mortgage Loan Approval Code in a sentence

  • All applicable documents comprising a Submission Package relating to a Mortgage Loan with respect to which Custodian has assigned a Mortgage Loan Approval Code shall be delivered by Custodian in such reasonable order as Custodian may determine, via overnight courier in accordance with the Delivery Instructions on the applicable Delivery Date and under cover of a fully completed Bailee Letter prepared by Custodian.

  • All applicable documents comprising a Submission Package relating to a Mortgage Loan with respect to which Custodian has assigned a Mortgage Loan Approval Code shall be delivered by Custodian in such reasonable order as Custodian may determine and in accordance with Section 11, via overnight courier in accordance with the Delivery Instructions on the applicable Delivery Date and under cover of a fully completed Bailee Letter prepared by Custodian.

  • A Mortgage Loan Absentee Code N Mortgage Loan Suspension Code Y Mortgage Loan Approval Code IV.

  • Custodian hereby acknowledges that each time it enters the Mortgage Loan Approval Code or a Certification Report, it is making an express representation and warranty to Purchaser that it has performed the Certification as specified in Sections 4(a) and (b) with respect to the related Mortgage Loan.

Related to Mortgage Loan Approval Code

  • Mortgage Documents With respect to each Mortgage Loan, the mortgage documents required to be delivered to the Custodian pursuant to each Custodial Agreement.

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

  • Mortgage Loan Agreement means the Loan Agreement, dated as of June 17, 2022, between the Mortgage Loan Borrower, as borrower, and Xxxxx Fargo Bank, National Association, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Mortgage Loan Package Each pool of Mortgage Loans, which shall be purchased by the Purchaser from the Seller from time to time on each Closing Date.

  • Financing Statement means a record or records composed of an initial financing statement and any filed record relating to the initial financing statement.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Second Mortgage Loan A Home Equity Loan which constitutes a second priority mortgage lien with respect to the related Property.

  • Conforming Mortgage Loan means a first lien Mortgage Loan originated in accordance with the criteria of an Agency for purchase of Mortgage Loans, including, without limitation, conventional Mortgage Loans, as determined by Buyer in its sole discretion.

  • 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 File As defined in Section 2.1(b) and any additional documents required to be added to the Mortgage Loan File pursuant to this Agreement.

  • UCC Financing Statement A financing statement filed, or to be filed, pursuant to the UCC.

  • Owner Mortgage Loan File A file maintained by the Custodian for each Mortgage Loan that contains the documents specified in Section 2.01(a) and any additional documents required to be added to the Owner Mortgage Loan File pursuant to this Agreement.

  • Sevicer Loan Prod Code Rem Occp Code: Appr Value: Note Date: Debt Ratio: City: Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Lien Pos: 9150477 180 14 $181,200.00 $45,300.00 677 0391747771 3 178 1 $226,500.00 6/25/2004 40 Mesa AZ 85203 01 9.250 100 $00,000.00 0/00/2019 2 9163479 300 14 $71,920.00 $17,980.00 730 0391745858 2 298 1 $89,900.00 6/25/2004 45 Freeport IL 61032 01 7.130 100 $00,000.00 0/00/2029 2 9143211 180 14 $109,200.00 $27,300.00 668 0391748670 3 178 1 $136,500.00 6/25/2004 44 Fort Myers FL 33912 01 9.000 100 $26,094.24 6/25/2019 2 9158205 180 14 $170,400.00 $31,950.00 667 0391747847 1 178 1 $213,000.00 6/25/2004 33 Chicago IL 60655 01 8.500 95 $00,000.00 0/00/2019 2 9163163 180 09 $264,000.00 $25,000.00 730 0391743796 3 178 1 $330,000.00 6/25/2004 42 Westminster CO 80030 01 6.250 88 $00,000.00 0/00/2019 2 9148857 180 RFC01 $404,000.00 $50,500.00 $373.54 768 0391738564 1 178 1 $505,000.00 6/25/2004 35 MILLINGTON NJ 07946 01 6.630 90 $00,000.00 0/00/2019 2 9131125 300 04 $74,800.00 $41,200.00 780 0391748167 2 298 1 $116,000.00 6/25/2004 30 Hialeah FL 33016 02 7.250 100 $00,000.00 0/00/2029 2 9158461 180 14 $116,000.00 $21,750.00 $160.88 653 0391744992 3 178 1 $145,000.00 6/25/2004 44 WASECA MN 56093 02 8.750 95 $00,000.00 0/00/2019 2 9131401 180 14 $110,800.00 $20,775.00 769 0391748332 3 178 1 $138,500.00 6/25/2004 50 Prescott Valley AZ 86314 01 7.250 95 $00,000.00 0/00/2019 2 9143209 180 09 $314,200.00 $78,550.00 785 0391748464 3 178 1 $392,800.00 6/25/2004 41 Athens GA 30606 01 7.250 100 $00,000.00 0/00/2019 2 9174577 180 14 $324,000.00 $20,000.00 647 0391752326 3 178 1 $405,000.00 6/25/2004 46 Antioch CA 94531 01 8.500 85 $00,000.00 0/00/2019 2 9131423 180 09 $168,000.00 $31,500.00 703 0391746765 3 178 1 $210,000.00 6/25/2004 49 Stockbridge GA 30281 01 7.500 95 $00,000.00 0/00/2019 2 9143069 180 09 $180,000.00 $22,500.00 714 0391750056 3 178 3 $225,000.00 6/25/2004 40 Lawrenceville GA 30043 01 7.000 90 $00,000.00 0/00/2019 2 9131643 180 04 $91,900.00 $11,450.00 761 0391746963 3 178 1 $114,900.00 6/25/2004 25 Atlanta GA 30341 01 6.250 90 $00,000.00 0/00/2019 2 9131447 180 14 $167,350.00 $41,800.00 675 0391749942 3 178 1 $209,209.00 6/25/2004 43 Gainesville GA 30506 01 9.000 100 $00,000.00 0/00/2019 2 9143207 180 09 $112,000.00 $28,000.00 718 0391748415 3 178 1 $140,000.00 6/25/2004 41 Loganville GA 30052 01 8.000 100 $00,000.00 0/00/2019 2 9131453 180 09 $388,000.00 $48,500.00 776 0391748589 3 178 1 $485,000.00 6/25/2004 45 Tampa FL 33626 01 6.750 90 $00,000.00 0/00/2019 2 9131459 180 14 $228,000.00 $57,000.00 754 0391746849 3 178 1 $285,000.00 6/25/2004 39 Miami Shores FL 33150 01 7.250 100 $00,000.00 0/00/2019 2 9175207 180 14 $169,000.00 $30,000.00 649 0391751120 3 178 1 $300,000.00 6/25/2004 37 Phoenix AZ 85007 02 5.750 67 $00,000.00 0/00/2019 2 9194301 180 14 $93,300.00 $23,350.00 678 0391751609 3 178 1 $122,300.00 6/25/2004 40 Hampton GA 30228 01 9.000 96 $00,000.00 0/00/2019 2 9175671 180 09 $117,870.00 $19,880.00 644 0391750577 3 178 1 $145,000.00 6/25/2004 34 Indianapolis IN 46250 02 8.500 95 $00,000.00 0/00/2019 2 Page 165 of 331

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • UCC Financing Statements means any financing statements required or permitted to be filed in accordance with the UCC.

  • CREFC® Special Servicer Loan File format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • Loan Schedule The schedule, as amended from time to time, of Loans attached hereto as Exhibit D, which shall set forth as to each Loan the following, among other things:

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • CMSA Special Servicer Loan File format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "CMSA Special Servicer Loan File" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Special Servicer.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.

  • Mortgage Loan Sale Agreement The mortgage loan sale and assignment agreement dated as of November 1, 2003, for the sale of the Mortgage Loans by the Seller to the Depositor.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.