Multifamily Mortgage Loans definition

Multifamily Mortgage Loans means Mortgage Loans secured by multifamily (in excess of four units) residential property.
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Multifamily Mortgage Loans means Mortgage Loans secured primarily by multifamily (in excess of four units) residential real property.
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Multifamily Mortgage Loans means Mortgage Loans secured by multifamily (in excess of four units) residential property. "Multifamily Mortgage Securities" means Mortgage Securities representing an interest in, or secured by, Multifamily Mortgage Loans.
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Examples of Multifamily Mortgage Loans in a sentence

  • Grandfathered Qualifying Multifamily Mortgage Loans Qualifying multifamily mortgage loans include multifamily mortgage loans that on March 18, 1994, met the criteria of qualifying multifamily mortgage loans under our capital rule on March 17, 1994, and continue to meet those criteria, namely:1.

  • CCR465: Qualifying Multifamily Residential Mortgage LoansQualifying Multifamily Mortgage Loans (12 CFR § 567.1) Under Current Rule Report the carrying value plus accrued interest receivable, of permanent, first mortgages secured by first liens on multifamily residential properties consisting of five or more dwelling units that meet all the following criteria:1.

  • Lenders selling Multifamily Mortgage Loans to Fannie Mae are required to do so in accordance with the requirements of Fannie Mae, including without limitation, the applicable Multifamily Guides (collectively, the “Fannie Mae Requirements”).

  • Commercial Mortgage Securities Association, Compendium of Statistics: Exhibit 20: Hold- ers of Commercial & Multifamily Mortgage Loans, Percentage Distribution (June 16, 2009) (on- line at www.cmsaglobal.org/uploadedFiles/CMSAlSitelHome/IndustrylResources/Research/ IndustrylStatistics/CMSAlCompendium.pdf) (hereinafter ‘‘CMSA Statistics Compendium’’).

  • In addition they should report the amount of income (referral fee) on SI860.[TOP] Q&A No. 104SUBJECT: Qualifying Multifamily Mortgage Loans Line: CCR465Date: June 5, 2000Question: The CCR instructions for qualifying multifamily mortgage loans require three criteria to be met for grandfathered loans (from March 18, 1994 forward) to qualify for 50% risk-weighting.

  • This structure makes the tax treatment of ownership of any particular tranche of a CMBS comparable to the ownership of 145 Commercial Mortgage Securities Association, Chapter Four: Issuing CMBS, CMSA E-Primer (www.cmsaglobal.org/assetlibrary/E0B68548-4965-488A-8154- 30691CB0F880/8be06679b07c4a5d93777548733482534.pdf).146 Commercial Mortgage Securities Association, Compendium of Statistics: Exhibit 19: Holders of Commercial & Multifamily Mortgage Loans (Dec.

  • CCR465: Qualifying Multifamily Residential Mortgage Loans Qualifying Multifamily Mortgage Loans (12 CFR § 567.1) Under Current Rule Report the carrying value plus accrued interest receivable, of permanent, first mortgages secured by first liens on multifamily residential properties consisting of five or more dwelling units that meet all the following criteria:1.

  • Xxxx Notary Public My commission expires: 1-1-22 EXHIBIT A FORM OF ISSUE SUPPLEMENT TO 2021 MULTIFAMILY MASTER TRUST AGREEMENT XXXXXX MAE Fixed-Rate Multifamily Mortgage Loans Issue Supplement to Trust Agreement dated January 1, 2021 THIS IS AN ISSUE SUPPLEMENT under the 2021 Multifamily Master Trust Agreement with the above description and effective date, by the Federal National Mortgage Association (“Xxxxxx Xxx”).

  • See " Risk Factors — Risks Relating to the Notes Being Linked to the Reference Obligations — Fannie Mae Infrequently Pursues Repurchase as a Remedy for Breaches of Selling Representations and Warranties for Multifamily Mortgage Loans".

  • Lenders selling Multifamily Mortgage Loans to Xxxxxx Mae are required to do so in accordance with the requirements of Xxxxxx Xxx, including without limitation, the applicable Multifamily Guides (collectively, the “Xxxxxx Mae Requirements”).

Related to Multifamily Mortgage Loans

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

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

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • Group I Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group I Mortgage Loans.

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

  • Group III Mortgage Loans and "Group IV Mortgage Loans," respectively), formed by Wells Fargo Asset Securities Corporation (hereinafter called the "Depxxxxxr," which term includes any successor entity under the Agreement referred to below). The Trust Estate was created pursuant to a Pooling and Servicing Agreement dated as of February 27, 2006 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer") anx X.X. Bank National Association, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereinafter. To the extent not defined herein, the capitalized terms used herein have the meanings ascribed to such terms in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing on the first Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the Group I-A Distribution Amount for the Class I-A-11 Certificates required to be distributed to Holders of the Class I-A-11 Certificates on such Distribution Date, subject to adjustment in certain events as specified in the Agreement. Distributions in reduction of the Principal Balance of certain Classes of Class A Certificates may not commence on the first Distribution Date specified above. Distributions of principal will be allocated among the Classes of Group I-A Certificates in accordance with the provisions of the Agreement. The pass-through rate on the Class I-A-11 Certificates applicable to each Distribution Date will be 5.500% per annum. The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class I-A-11 Certificates, as described in the Agreement. Distributions on this Certificate will be made by the Paying Agent by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register, unless such Person is entitled to receive payments by wire transfer in immediately available funds in accordance with the Agreement and such Person has notified the Paying Agent pursuant to the Agreement that such payments are to be made by wire transfer of immediately available funds. Notwithstanding the above, the final distribution in reduction of the Principal Balance of this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency of the Paying Agent specified for that purpose in the notice of final distribution. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate constitutes a "regular interest" in a "real estate mortgage investment conduit" as those terms are defined in Section 860G(a)(1) and Section 860D, respectively, of the Internal Revenue Code of 1986, as amended. Unless this Certificate has been countersigned by an authorized officer of the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

  • Group II Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group II Mortgage Loans.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

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

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Eligible Mortgage Loan means, on any date of determination, a Mortgage Loan:

  • Multifamily dwelling means a structure that contains more than one separate residential dwelling unit, which is used or occupied, or is intended to be used or occupied, in whole or in part, as the home or residence of one or more persons.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • Jumbo Mortgage Loan is a collective reference to Jumbo Mortgage Loans (Standard Limit) and Jumbo Mortgage Loans (Specialty).

  • Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.

  • Non-MERS Mortgage Loan Any Mortgage Loan other than a MERS Mortgage Loan.