Mortgage Loan Tape definition

Mortgage Loan Tape means a computer-readable file containing information with respect to each Mortgage Loan, to be delivered by the Borrowers to the Lender pursuant to Section 2.03(a) hereof which tape fields are identified on Annex I to the Custodial Agreement.
Mortgage Loan Tape means a computer-readable magnetic tape ------------------ containing the information with respect to each Mortgage Loan, to be delivered by the Borrower to the Lender pursuant to Section 2.03(a) hereof.
Mortgage Loan Tape means a computer-readable file containing information with respect to each Mortgage Loan, to be delivered by the Borrower to the Lender pursuant to Section 2.03(a) hereof which tape fields are identified on Annex I to the Custodial Agreement.

Examples of Mortgage Loan Tape in a sentence

  • The information set forth in the Mortgage Loan Tape with respect to the Warehouse Loans is complete, true and correct in all material respects as of the date specified in the Mortgage Loan Tape.

  • Each Request for Note Purchase shall (i) specify the requested Note Purchase Date, (ii) include a Mortgage Loan Tape in electronic form containing detailed information with respect to the Eligible Mortgage Loans (other than the Wet-Ink Mortgage Loans) that the Note Issuer proposes to pledge to the Agent and to be included in the Borrowing Base in connection with such Note Purchase, and (iii) attach a certificate signed by a Designated Agent of the Note Issuer as required by Section 6.02(b) hereof.

  • With respect to escrow deposits and Escrow Payments (other than with respect to each Mortgage Loan which is indicated by the Borrowers to be a Second Lien Mortgage Loan and for which the mortgagee under the First Lien is collecting Escrow Payments (as reflected on the Mortgage Loan Tape), all such payments are in the possession of, or under the control of, the Borrowers and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made.

  • Such request for borrowing shall (i) attach a schedule identifying the Eligible Mortgage Loans that the Borrower proposes to pledge to the Lender and to be included in the Borrowing Base in connection with such borrowing, (ii) specify the requested Funding Date and (iii) include a Mortgage Loan Tape containing information with respect to the Eligible Mortgage Loans that the Borrower proposes to pledge to the Lender and to be included in the Borrowing Base in connection with such borrowing.

  • With respect to escrow deposits and Escrow Payments (other than with respect to each Mortgage Loan which is indicated by the Seller to be a Second Lien Mortgage Loan and for which the mortgagee under the First Lien is collecting Escrow Payments (as reflected on the Mortgage Loan Tape), all such payments are in the possession of, or under the control of, the Seller and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made.


More Definitions of Mortgage Loan Tape

Mortgage Loan Tape means a computer-readable magnetic tape ------------------ containing the following information with respect to each Mortgage Loan, to be delivered by the Borrower to the Lender pursuant to Section 2.03(a) hereof: (i) a field detailing whether the Mortgage Loan is an 'A' Credit Mortgage Loan, a 'B' Credit Mortgage Loan, a 'C' Credit Mortgage Loan or a 'D' Credit Mortgage Loan; and (ii) a field indicating whether the Mortgage Loan is a Wet-Ink Mortgage Loan, and (iii) such other fields as shall be mutually agreed upon by the Borrower and the Lender.
Mortgage Loan Tape means the computer-readable magnetic tape required to be delivered by the Borrower to the Lender pursuant to Section 2.03(a) hereof (the format of which shall be substantially in the form of Exhibit G attached hereto) which contains the information, with respect to each Mortgage Loan, required to be contained in the Mortgage Loan Schedule.
Mortgage Loan Tape means a computer readable magnetic tape containing the fields set forth on Exhibit G hereto.
Mortgage Loan Tape means an electronic data file setting forth, with respect to the Mortgage Loans being serviced or subserviced by the Corporation, information in a format mutually agreed to between the Corporation and Stonegate.
Mortgage Loan Tape means a computer-readable magnetic tape containing the following information with respect to each Mortgage Loan, to be delivered by the Borrower to the Lender pursuant to Section 2.03(a) hereof: (i) a field detailing whether the Mortgage Loan is a PAG I Credit Mortgage Loan, a PAG II Credit Mortgage Loan, a PAG III Credit Mortgage Loan, a PAG IV Credit Mortgage Loan or a PAG V Credit Mortgage Loan; (ii) a field indicating whether the Mortgage Loan is a Wet-Ink Mortgage Loan or a Delinquent Mortgage Loan; and other tape fields to be mutually agreed upon by Borrower and Lender.
Mortgage Loan Tape means a computer-readable magnetic tape containing such fields as shall be mutually agreed upon by the Borrower and the Lender with respect to each Mortgage Loan to be delivered by the Borrower to the Lender pursuant to Section 2.03(a) hereof.