Mortgage solicitor definition

Mortgage solicitor means an individual not licensed as a mortgage broker who performs any of the functions set forth in paragraph (3) of this section and who is employed by a mortgage broker or whose business transactions are under the direction, control, or management of a mortgage broker.
Sample 1
Mortgage solicitor means any person not licensed as a mortgage banker, correspondent mortgage banker, or mortgage broker who is employed as a solicitor by one, and not more than one, licensee, who is subject to the direct supervision and control of that licensee, and who solicits, provides or accepts first mortgage loan applications, or assists borrowers in completing first mortgage loan applications, and whose compensation is in any way based on the dollar amount or volume of first mortgage loan applications, first mortgage closings or other first mortgage loan activity.]
Sample 1Sample 2
Mortgage solicitor means an individual employee of a licensed mortgage broker who, subject to the licensed mortgage broker's direction and control of the actions of the employee, for compensation or gain, or in the expectation of compensation or gain, either directly or indirectly negotiates, acquires, or offers to negotiate or acquire a residential mortgage loan.
Sample 1

Related to Mortgage solicitor

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

  • City Solicitor means the City employee holding that office or, if applicable, the successor to the authority or responsibility of such office;

  • Mortgage Servicing Rights The rights and responsibilities of Seller with respect to servicing the Mortgage Loans under the Servicing Agreements, including any and all of the following if and to the extent provided therein: (a) all rights to service a Mortgage Loan; (b) all rights to receive servicing fees, Ancillary Income, reimbursements or indemnification for servicing the Mortgage Loan, and any payments received in respect of the foregoing and proceeds thereof; (c) the right to collect, hold and disburse escrow payments or other payments with respect to the Mortgage Loan and any amounts actually collected with respect thereto and to receive interest income on such amounts to the extent permitted by Applicable Law; (d) all accounts and other rights to payment related to any of the property described in this paragraph; (e) possession and use of any and all Credit Files pertaining to the Mortgage Loan or pertaining to the past, present or prospective servicing of the Mortgage Loan; (f) to the extent applicable, all rights and benefits relating to the direct solicitation of the related Mortgagors for refinance or modification of the Mortgage Loans and attendant right, title and interest in and to the list of such Mortgagors and data relating to their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

  • Telephone solicitor means any person doing business in this state who makes or causes to be made a telephone solicitation from within or outside of this state, including, but not limited to, calls made by use of automated dialing and announcing devices or by a live person.

  • Vendor’s Solicitors means Baker & McKenzie or Chu & Lau (as the casemaybe, please refer to the first page of this tender document); and

  • Commercial Mortgage Loan means a loan secured by a Lien on improved real estate used for commercial purposes.

  • Seller’s Solicitors means Xxxxxxx Xxxxx Freehills LLP, Xxxxxxxx Xxxxx, Xxxxxxxx Xxxxxx, Xxxxxx XX0X 0XX;

  • Solicitor means any person, firm or corporation who goes from dwelling to dwelling, business to business, place to place, or from street to street, taking or attempting to take orders for any goods, wares or merchandise, or personal property of any nature whatever for future delivery, except that the term shall not include solicitors for charitable and religious purposes and solicitors for subscriptions as those terms are defined below.

  • Residential mortgage loan means any loan primarily for

  • Purchaser’s Solicitors means Xxxxx & Xxxxx of Xxx Xxx Xxxxxx, Xxxxxx XX0X 0XX;

  • Buyer’s Solicitors means Xxxxxx Xxxxxxx LLP of 0 Xxx Xxxxxx Xxxxxx, Xxxxxx XX0X 0XX;

  • Mortgage Sale Agreement means the mortgage sale agreement dated 3 June 2005 as amended and restated on 4 October 2007, 20 May 2008 and as further amended and restated on 25 June 2014 made between Santander UK plc (1) Abbey Covered Bonds LLP (the "LLP") (2) and Deutsche Trustee Company Limited (the "Security Trustee") (3) (as the same may be or have been amended, varied or supplemented from time to time with the consent of those parties).

  • Initial Mortgage Loan A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.

  • Mortgage Insurer means CMHC, Genworth Financial Insurance Company Canada, or any other company that insures the payment of mortgages to mortgage lenders.

  • Note A-3 Special Servicer means the special servicer under the Note A-3 PSA.

  • Surveyor-General means the Surveyor-General as defined in the Land Survey Act, 1997 (Act No. 8 of 1997);

  • Mortgage broker means any person who for compensation or

  • Professional solicitor means any person who, for a financial or other consideration, solicits

  • Non-Lead Special Servicer means the “special servicer” under any Non-Lead Securitization Servicing Agreement.