Mortgage Participation definition

Mortgage Participation means an investment in a Mortgage which includes a bonus payment from any profits from the disposition of the Real Property;
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Mortgage Participation means, collectively a participation or participations by another party or other parties, in the Mortgage Loan, pursuant to a Participation Agreement complying with the Resolution.
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Mortgage Participation means a participation or participations by another party or other parties, in a Mortgage Loan made with respect to the Project, pursuant to a Participation Agreement complying with Section 812(b) and Section 813 of this Resolution.
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Examples of Mortgage Participation in a sentence

  • Bahayan Mortgage Participation Certificates (BMPC) represents sales of BPMCs in 1980 to 1981, net of two per cent discount, which have not been paid within the 60 or 90 days credit terms.

  • Include certificates or other obligations, however named, that represent pass-through participations in pools of real estate loans when the participation instruments: (1) are issued by FHA approved mortgagees and guaranteed by the Government National Mortgage Association, or (2) are issued, insured, or guaranteed by a U.S. Government agency or corporation (e.g., the Federal Home Loan Mortgage Corporation's Mortgage Participation Certificates).

  • PC Agreement: Any of Xxxxxxx Mac’s Mortgage Participation Certificate Agreements or PC Master Trust Agreements as in effect from time to time, including any amendment or applicable supplement, providing for the issuance of PCs.

  • Include certificates or other obligations, however named, that represent pass-through participations in pools of real estate loans when the participation instruments: (1) are issued by FHA-approved mortgagees and guaranteed by the Government National Mortgage Association, or (2) are issued, insured, or guaranteed by a U.S. Government agency or corporation (e.g., the Federal Home Loan Mortgage Corporation's Mortgage Participation Certificates).

  • The Trust will not invest in Real Property, except pursuant to an Equity Investment or a Mortgage Participation.

  • PC Agreement: Any of Freddie Mac’s Mortgage Participation Certificate Agreements or PC Master Trust Agreements as in effect from time to time, including any amendment or applicable supplement, providing for the issuance of PCs.

  • Co-ordination is the orderly arrangement of group effort to provide unity of action in the pursuit of common purpose.4. Clear unbroken line of Authority: It points out the scalar principle or the chain of command.

  • Federal Home Loan Mortgage Corporation ("Freddie Mac") - Discount Notes, MTNs, Senior and Subordinated Reference Notes (fixed and floating), Mortgage Participation Certificates (PC's), Collateralized Mortgage Obligations (CMO's), and Strips.

  • Include certificates or other obligations, however named, that represent pass-through participations in pools of real estate loans when the participation instruments: (1) are issued by FHA- approved mortgagees and guaranteed by the Government National Mortgage Association, or (2) are issued, insured, or guaranteed by a U.S. Government agency or corporation (e.g., the Federal Home Loan Mortgage Corporation's Mortgage Participation Certificates).

  • PC: A Xxxxxxx Mac Mortgage Participation Certificate issued pursuant to a PC Agreement and any related pool supplement, guaranteed by Xxxxxxx Mac and representing an undivided beneficial ownership interest in a PC Pool consisting of Mortgages, or a Giant PC.


More Definitions of Mortgage Participation

Mortgage Participation means a participation or participations by another party or other parties in a Mortgage Loan made with respect to the portion of the Project that is not the Project, pursuant to a Participation Agreement and in compliance with the General Resolution.
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Mortgage Participation. Any participation in a Mortgage Loan.
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Mortgage Participation means a senior or junior participation in a Mortgage Loan evidenced by a certificate of participation in a Senior Loan, Subordinate Loan or other loan evidenced by a note.
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Related to Mortgage Participation

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.

  • Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.