Mortgage Securities. The MBS and the Underlying REMIC Certificates.
Mortgage Securities. The MBS and the SMBS.
Mortgage Securities. The Lower-Tier Classes that represent Regular Interests in a Lower-Tier REMIC Pool and that constitute Assets of the related Upper-Tier REMIC Pool.
Examples of Mortgage Securities in a sentence
If at any time Mortgage Securities are held in non-certificated form, upon the written request of the Holders of at least 50% of the then outstanding principal amount of the related Upper-Tier Classes, the Administrator shall issue certificates in definitive form representing such Mortgage Securities.
More Definitions of Mortgage Securities
Mortgage Securities means the “Securities” as defined in the Mortgage Loan Agreement.
Mortgage Securities. The MBS, the Underlying REMIC Certificates and the SMBS. Mortgage Security Schedule: The schedule of Mortgage Securities attached hereto as Exhibit A.
Mortgage Securities. The MBS and the GNMA Certificates.
Mortgage Securities means securi- ties that are either:
Mortgage Securities. The MBS and the Underlying RCR Certificate.
Mortgage Securities means (a) participation certificates representing undivided interests in first lien residential mortgage loans purchased by the Federal Home Loan Mortgage Corporation under the Emergency Home Finance Act of 1970, (b) modified pass through mortgage backed certificates guaranteed by the Federal National Mortgage Association under the National Housing Act, (c) modified pass through mortgage backed certificates guaranteed by the Government National Mortgage Association under § 306(g) of the National Housing Act, or (d) any other security issued by an investor that was an “Approved Investor” under the Existing Loan Agreement or that is approved by The Chase Manhattan Bank, that is based on or backed by a pool of mortgage loans providing for pass through payments of principal and interest.
Mortgage Securities. The MBS, the Underlying REMIC Certificates and the Xxxxxx Mae Certificates.