Mortgage Transfer definition

Mortgage Transfer in relation to a Mortgage means a duly executed land titles office transfer which, upon registration, is effective to transfer the legal title to the Mortgage to the Trustee.
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Mortgage Transfer in relation to a mortgage in which the Seller has an interest, means a duly executed land titles office transfer which, upon registration, is effective to transfer the legal title to the mortgage to the Trustee.
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Mortgage Transfer shall collectively refer to Foreclosure Transfers and/ or DIL Transfers.
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Examples of Mortgage Transfer in a sentence

  • The details of the Substitute Mortgage(s) are as follows: LOAN NO FACE VALUE MATURITY RATE OF CORRESPONDING CORRESPONDING DATE INTEREST INTEREST HEDGE ENHANCEMENT Each expression used in this Mortgage Transfer Proposal that is not defined herein has the same meaning as in the Trust Deed.

  • The Board of Directors of the Bank authorizes each of the issues of Mortgage Transfer Certificates and/or Mortgage Participations issued by BBVA to securitize the credit rights derived from loans and mortgage loans.

  • The provisions of this Section 11.7 shall not inure to the successors and assigns of any Leasehold Mortgagee or its designee following a Leasehold Mortgage Transfer.

  • The liability of any Leasehold Mortgagee or its designee acquiring Lessee’s interest in this Lease pursuant to a Leasehold Mortgage Transfer shall be limited to its interest in the Leased Premises, and any judgments rendered against any such Leasehold Mortgagee or its designee following the Leasehold Mortgage Transfer shall be satisfied solely out of its interests in this Lease.

  • No Leasehold Mortgagee shall be liable for any indemnification obligation under this Lease until such time as such Leasehold Mortgagee has become Lessee under this Lease following a Leasehold Mortgage Transfer, and then only as to matters first arising from and after the effective date of the Leasehold Mortgage Transfer.

  • The lack of confirmation of the provisional ratings granted to the Bonds by the Rating Agency before the Subscription Date shall constitute an event of termination of the formation of the Fund, of the transfer of the Non-Mortgage Loans, of the Mortgage Transfer Certificates and of the Bond Issue.

  • No Tax Return that was filed by the Company contains, or was required to contain, a disclosure statement under Section 6662 of the Code (or any predecessor provision or comparable provision of state, local or foreign Law).

  • Notwithstanding anything to the contrary contained herein or in the Lease, the Tenant First Refusal Rights shall not apply to any Mortgage Transfer or Equity Pledge Transfer, but shall survive any such Mortgage Transfer or Equity Pledge Transfer and be applicable to any subsequent Transfer of the Leased Property or any portion thereof or interest therein, or any Transfer of any direct or indirect ownership interest in any Landlord Equity Interest, as provided in the Lease.

  • The Mortgage Loans shall be assigned to the Fund through the issue by Banco Pastor, S.A. and the subscription by the Fund of Mortgage Transfer Certificates subject to the provisions set forth by Law 2/1981 and by the fifth additional provision of Law 3/1994 in its current wording in accordance with the terms provided for in section 3.3 of this Supplemental Addendum.

  • So long as Secured Party and Lenders are in compliance with the terms of this Agreement, in the event of a Mortgage Transfer, Tenant shall attorn to Purchaser and recognize Purchaser as the successor Landlord under the Lease.


More Definitions of Mortgage Transfer

Mortgage Transfer in relation to a mortgage means a duly executed land titles office transfer in respect of a Mortgage which, upon registration, is effective to transfer the legal title to the Mortgage to the Grantee. --------------------------------------------------------------------------------
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Related to Mortgage Transfer

  • Fannie Mae Transfer As defined in Section 13 hereof.

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Whole Loan Transfer Any sale or transfer of some or all of the Mortgage Loans, other than a Securitization Transaction.

  • Widely Held Mortgage Trust as that term is defined in Treasury Regulations section 1.671-5(b)(23) or successor provisions.

  • Mortgage Sale Agreement means the mortgage sale agreement dated 3 June 2005 as amended and restated on 4 October 2007, 20 May 2008, 23 June 2014, 24 April 2018, 18 April 2020, 16 June 2020 and as further amended and restated on 30 April 2021 made between Santander UK plc (1) Abbey Covered Bonds 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).

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

  • 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.

  • 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.

  • Initial Mortgage Loans The Mortgage Loans included in the Trust as of the Closing Date.

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

  • Residential mortgage loan means any loan primarily for

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

  • Mortgage Trustee means the Person serving as trustee at the time under the First Mortgage.

  • Mortgage Instrument means any mortgage, deed of trust or deed to secure debt executed by a Credit Party in favor of the Administrative Agent, for the benefit of the Secured Parties, pursuant to the terms of Section 4.1(e)(i), 5.10 or 5.12, as the same may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Servicing Transfer Any transfer of the servicing by a Prior Servicer of Mortgage Loans to the Servicer under this Agreement.

  • Title Transfer means the transfer of title to Gas between two (2) Shippers at a Delivery Point, provided that each such party has executed a Transportation Service Agreement, or the transfer of title to Gas between two (2) Shippers at ATP, provided each such party has executed either a Transportation Service Agreement or a Title Transfer Agreement.

  • Mortgage Instruments means such title reports, title insurance, opinions of counsel, surveys, appraisals and environmental reports as are requested by, and in form and substance reasonably acceptable to, the Administrative Agent from time to time.

  • Original Mortgage Loan The mortgage loan refinanced in connection with the origination of a Refinancing Mortgage Loan.

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

  • Mortgage-Backed Security means a security issued by the authority which is secured by residential mortgage loans owned by the authority.

  • Mortgage-backed Securities means securities that are secured or otherwise backed by Mortgage Loans.

  • 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.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • Initial Mortgage Rate As to each Mortgage Loan, the Mortgage Rate in effect prior to the Initial Adjustment Date.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

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