Mortgage Loan Certificate definition

Mortgage Loan Certificate. With respect to each Mortgage Loan with FHA Insurance, the mortgage insurance certificate evidencing such insurance.
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Mortgage Loan Certificate means a certificate, in the form of Exhibit A, delivered by Recourse Provider and MuniMae to Fxxxxx Mae with respect to one or more Mortgage Loans; provided, however, that such Mortgage Loan Certificate shall only be effective upon execution by Fxxxxx Mxx, indicating its acceptance of the Mortgage Loans under this Agreement.
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Mortgage Loan Certificate. As defined in the Loss Sharing Agreement, a certificate in the form of Exhibit A to the Loss Sharing Agreement, delivered by Lender to Fannxx Xxx with each Mortgage Loan delivered after the effective date of such agreement.
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Examples of Mortgage Loan Certificate in a sentence

  • In order for any Mortgage Loan to be characterized as a Pre-Sold Mortgage Loan, the Borrower must deliver to the Bank, in addition to any other documents, certificates or other instruments which must be delivered pursuant to this Agreement, a Pre-Sold Mortgage Loan Certificate substantially in the form of Exhibit A hereto.

  • Xx each case, Lender shall deliver to Fannxx Xxx a Mortgage Loan Certificate with respect to such Mortgage Loan.

  • Lender acknowledges and agrees that, with respect to each Mortgage Loan it delivers to Fannxx Xxx, that it shall deliver, and if it fails to so deliver, shall be deemed to have delivered, a Mortgage Loan Certificate and that the representations and warranties set forth in this Agreement with respect to Mortgage Loans will be applicable to each such delivered Mortgage Loan.

  • The Primary Servicer shall use commercially reasonable efforts to procure a Sxxxxxxx-Xxxxx back-up certification from a Non-Serviced Mortgage Loan Master Servicer, Non-Serviced Mortgage Loan Special Servicer, Non-Serviced Mortgage Loan Certificate Administrator and the Non-Serviced Mortgage Loan Trustee in form and substance similar to the Performance Certification or in any form specified in the Non-Serviced Mortgage Loan Pooling and Servicing Agreement.

  • Any errors in or omissions from the applicable Mortgage Loan Certificate shall not diminish in any respect Recourse Provider’s or MuniMae’s obligations as provided in this Agreement in respect of such Mortgage Loan.

  • The Primary Servicer shall use commercially reasonable efforts to procure a Xxxxxxxx-Xxxxx back-up certification from a Non-Serviced Mortgage Loan Master Servicer, Non-Serviced Mortgage Loan Special Servicer, Non-Serviced Mortgage Loan Certificate Administrator and the Non-Serviced Mortgage Loan Trustee in form and substance similar to the Performance Certification or in any form specified in the Non-Serviced Mortgage Loan Pooling and Servicing Agreement.

  • Upon satisfaction of all conditions to being a Mortgage Loan under this Agreement, including execution of a Mortgage Loan Certificate by Fxxxxx Mxx, any Substitute Mortgage Loan will be included within the term Mortgage Loans for all purposes of this Agreement.

  • Subject to the foregoing, the parties hereto and the Certificateholders by acceptance of its Certificate agree to be bound by the terms and provisions of the Insurer Subsequent Mortgage Loan Certificate which, when such certificate is executed by the Certificate Insurer and delivered shall be deemed to be a part of and incorporated by reference into this Agreement.

  • Lender further acknowledges and agrees that any errors in or omissions from the Mortgage Loan Certificate with respect to a Mortgage Loan shall not diminish in any respect Lender's obligations as provided in this Agreement in respect of such Mortgage Loan.

  • Collection of Certain Mortgage Loan Payments with respect to an Affiliated Mortgage Loan; Certificate Account.............................................57 Section 3.15.


More Definitions of Mortgage Loan Certificate

Mortgage Loan Certificate. With respect to each Mortgage Loan with FHA Insurance, the mortgage insurance certificate evidencing such insurance. 126031 Bayview 2005-1 Trust Agreement
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Mortgage Loan Certificate. Not applicable.
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Related to Mortgage Loan Certificate

  • Mortgage Loan File for inclusion in the Mortgage Loan File (to the extent such documents are in the possession of the Special Servicer) and copies of any additional related Mortgage Loan information, including correspondence with the Borrower Related Parties, and the Special Servicer shall promptly provide copies of all of the foregoing to the Servicer as well as copies of any analysis or internal review prepared by or for the benefit of the Special Servicer, provided that, such materials shall not include any Privileged Information.

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

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

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

  • 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 Seller Each of CREFI, GACC and JPMCB, and their respective successors in interest.

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

  • Mortgage Loan Rider The standard FNMA/FHLMC riders to the Mortgage Note and/or Mortgage riders required when the Mortgaged Property is a condominium unit or a unit in a planned unit development.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • 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.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • Registered mortgage loan originator means any individual who:

  • Split Mortgage Loan Any Mortgage Loan that is part of a Loan Combination. The only Split Mortgage Loans that are assets of the Trust as of the Closing Date are those that have the respective loan numbers (as set forth on the Mortgage Loan Schedule) listed on the Loan Combination Table under the column heading “Loan No. for related Mortgage Loan.”

  • 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.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which Seller is selling to Buyer simultaneously with the origination thereof.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, 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 Group Either Group I or Group II.

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Mortgage Loan Rate means, as of any date of determination, the weighted average of the Note A Rate and the Note B Rate.

  • Subsequent Mortgage Loan A Mortgage Loan sold by the Depositor to the Trust Fund pursuant to Section 2.08, such Mortgage Loan being identified on the Mortgage Loan Schedule attached to a Subsequent Transfer Instrument.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.