Mortgage Loan Disclosure definition

Mortgage Loan Disclosure means any disclosure, notice or other document or statement that, according to a Mortgage Lending Law, must be provided to a customer by or on behalf of the Person originating the Mortgage Loan in connection with the origination, closing and funding of a Mortgage Loan or an application for a Mortgage Loan.
Sample 1Sample 2Sample 3
Mortgage Loan Disclosure means any disclosure, notice or other document that, according to a Mortgage Lending Law, is to be provided to a Customer by or on behalf of SRT in connection with a Mortgage Loan and an application for a Mortgage Loan.
Sample 1Sample 2Sample 3
Mortgage Loan Disclosure means any disclosure, notice or other document that, according to a Mortgage Lending Law, is to be provided to a Customer by or on behalf of MLCC in connection with a Mortgage Loan and an application for a Mortgage Loan. Mortgage Lending Laws include, but are not limited to, the following:
Sample 1

Examples of Mortgage Loan Disclosure in a sentence

  • In connection with this mortgage loan we are acting as your agent; and, unless our relationship involves a federally related mortgage loan, we will provide to you a Mortgage Loan Disclosure Statement within three days of application outlining certain specific terms and conditions of our relationship.

  • The sample period for this link table is from 1986 to 2013.8We get data on banks’ mortgage lending from the Home Mortgage Loan Disclosure Act (HMDA) database, which covers over 90% of mortgages originated in the U.S. It reports de- tailed information on the lender, the borrower, the loan, and the property, among others.

  • In accordance with California law, you will provide your Borrower with a Mortgage Loan Disclosure Statement as required for 1-4 unit residential non-owner occupied loans (if subject property is a 1-4 unit residential property).

  • Owner Occ Purchase Single Family 96.97 96.97 37.65 7104 56000 B [3] Finance Charge underdisclosed >$100 for Purchase [2] State - Missing High Loan to Value Disclosure in the Mortgage Loan Disclosure Statement Finance charges under disclosed by $476 which exceeds the $100 tolerance for purchase transactions.

  • Disclosures about the variable-rate features have been provided to your earlier.” The Plaintiff also acknowledged receipt of the Consumer Handbook on Adjustable-Rate Mortgages and the appropriate “Adjustable Rate Mortgage Loan Disclosure Statement” in writing.

  • Broker shall include on its disclosures, such as its Mortgage Loan Disclosure Statement and/or Good Faith Estimate all amounts Broker will charge Applicant or be paid by PMC in connection with the Loan, including any lender- paid compensation, and all amounts PMC will charge Applicant in connection with the Loan.

  • Finance Charge underdisclosed >$35 for Refinance [2] State - Missing High Loan to Value Disclosure in the Mortgage Loan Disclosure Statement Finance charges under disclosed by $ 60 which exceeds the $35.00 tolerance for Refinance transactions.

  • The Adjustable Rate Mortgage Loan Disclosure Statement contained an explanation that (1) the interest rate would generally be based on an index, (2) the initial interest rate might be lower than the sum of the margin plus the index, and (3) the initial monthly payment for the first sixty months of the loan would consist solely of interest.

  • Borrower’s Broker shall take no action, and make no representations to Borrower or to any third party, that are inconsistent with the agency relationship confirmed by the Borrower in the agency confirmation submitted to SEQUOIA along with each completed Loan Application.Borrower’s Broker shall be solely responsible for giving the Borrower a complete, accurate and timely Mortgage Loan Disclosure Statement (“MLDS”) required under Business and Professions Code § 10240 et seq.

  • EXHIBIT P – Peirson & Patterson, L.L.P. – Mortgage Loan Disclosure Matrix indicates which disclosures are necessary and their required timing.


More Definitions of Mortgage Loan Disclosure

Mortgage Loan Disclosure means any disclosure, notice or other document that, according to a Mortgage Lending Law, is to be provided to a Customer by or on behalf of MLCC in connection with a Mortgage Loan and an application for a Mortgage Loan. Mortgage Lending Laws include, but are not limited to, the following: (i) the record keeping and reporting requirements of the Home Mortgage Disclosure Act (“HMDA”); (ii) The Real Estate Settlement Procedures Act and Regulation X (24 C.F.R. Part 3500); (iii) The Fair Housing Act; (iv) The Fair Credit Reporting Act; (v) The Flood Disaster Protection Act; (vi) The Truth-in-Lending Act and (Regulation Z); (vii) The National Housing Act; (viii) The Servicemen’s Readjustment Act; (ix) The Equal Credit Opportunity Act and (Regulation B); (x) Usury limitations; and (xi) The Homeowner’s Protection Act.
Sample 1

Related to Mortgage Loan Disclosure

  • 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 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 Documents means, with respect to the Mortgage Loan, the Mortgage Loan Agreement, the Mortgage, the Notes and all other documents now or hereafter evidencing and securing the Mortgage Loan.

  • 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.

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

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

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans together with the Repurchase Assets related to such Mortgage Loans transferred by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Registered mortgage loan originator means any individual who:

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

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Mortgage Loan Seller Sub-Servicer A Sub-Servicer required to be retained by the Master Servicer by a Mortgage Loan Seller, as listed on Exhibit S to this Agreement, or any successor thereto.

  • Streamlined Documentation Mortgage Loan Any Mortgage Loan originated pursuant to the Seller's Streamlined Loan Documentation Program then in effect.

  • Countrywide Servicing Agreement The Seller's Warranties and Servicing Agreement, dated as of September 1, 2002, as amended on January 1, 2003, between the Seller and Countrywide, attached hereto as Exhibit H-1, as modified by the related Assignment Agreement.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • 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.

  • 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.

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

  • Specially Designated Mortgage Loan Documents With respect to any Mortgage Loan, subject to Section 1.04, the following documents on a collective basis:

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

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

  • 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.

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

  • 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 Group Either Group I or Group II. References herein to the related Class of Class A Certificates, when used with respect to a Mortgage Loan Group, shall mean (A) in the case of Group I, the Class A-1 Certificates and (B) in the case of Group II, the Class A-2 Certificates.

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

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