New Loan Type definition

New Loan Type means a new type of mortgage loan originated or acquired by the Seller, which the Seller intends to transfer to the Guarantor LP, the terms and conditions of which are materially different (in the opinion of the Seller, acting reasonably) from the Loans. For the avoidance of doubt, a mortgage loan will not constitute a New Loan Type if it differs from the Loans due to it having different interest rates and/ or interest periods and/or time periods for which it is subject to a fixed rate, capped rate, tracker rate or any other interest rate or the benefit of any discounts, cash-backs and/or rate guarantees;
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New Loan Type means a new type of mortgage loan, home equity line of credit or multi-loan product, originated or acquired by the Seller, which the Seller intends to transfer to the Guarantor, the terms and conditions of which are materially different (in the opinion of the Seller, acting reasonably) from the Loans. For the avoidance of doubt, a mortgage loan will not constitute a New Loan Type if it differs from the Loans due to it having different interest rates and/or interest periods and/or time periods for which it is subject to a fixed rate, capped rate, tracker rate or any other interest rate or the benefit of any discounts, cash-backs and/or rate guarantees or due to it being originated by a new Originator;
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New Loan Type means a new type of mortgage loan originated by the Seller or a New Seller, which the Seller or the New Seller intends to sell to the Guarantor, the terms and conditions of which are materially different (in the opinion of the Seller or the New Seller, acting reasonably) from any of the Loans or New Seller Loans in the Portfolio. For the avoidance of doubt, a mortgage loan will not constitute a New Loan Type if it differs from any of the Loans or New Seller Loans in the Portfolio solely due to it having different interest rates and/or interest periods and/or time periods for which it is subject to a fixed rate, capped rate or any other interest rate or the benefit of any discounts, cash-backs and/or rate guarantees. A home equity line of credit, commercial mortgage or a Loan originated by an Originator that is not the Seller will be a New Loan Type; New Managing GP has the meaning given to it in Section 11.4 of the Guarantor Agreement;
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Examples of New Loan Type in a sentence

  • New Loan Types added to the Covered Bond Portfolio may be materially different from Loans currently in the Covered Bond Portfolio If a New Loan constitutes a New Loan Type, the Representations and Warranties in the Mortgage Loan Sale Agreement may be modified as required to accommodate the New Loan Type, but the Representations and Warranties would not change for a New Loan that was not a New Loan Type or in respect of Loans currently in the Covered Bond Portfolio.

  • If a New Loan constitutes a New Loan Type, the Representations and Warranties in the Mortgage Loan Sale Agreement may be modified as required to accommodate the New Loan Type, but the Representations and Warranties would not change for a New Loan that was not a New Loan Type or in respect of Loans currently in the Covered Bond Portfolio.

  • See “Summary of the Principal Documents—Mortgage Sale Agreement—Sale by the Seller of Loans and their Related Security”.If a New Loan constitutes a New Loan Type, the Representations and Warranties in the Mortgage Loan Sale Agreement may be modified as required to accommodate the New Loan Type, but the Representations and Warranties would not change for a New Loan that was not a New Loan Type or in respect of Loans currently in the Covered Bond Portfolio.

  • For the avoidance of doubt, a mortgage loan will not constitute a New Loan Type if it differs from the Loans due to it having different interest rates and/ or interest periods and/or time periods for which it is subject to a fixed rate, capped rate, tracker rate or any other interest rate or the benefit of any discounts, cash-backs and/or rate guarantees.

  • A New Loan Type is a new type of mortgage loan originated or acquired by the Seller, which the Seller transfers or intends to transfer to the Guarantor LP, the terms and conditions of which are materially different (in the opinion of the Seller, acting reasonably) from the Loans.

  • Approx Acreage: Lot Size/Dimensions: New Loan Type: Approx Total SqFt 3847 LA: Richard Tritt 03/31/2011 01:57 PM GENERAL INFO Main Size Water Inches 0 Warehouse SqFt Retail SqFt Office SqFt Res Unit SqFt O CodeL: PREST Short Sale (Y/...


More Definitions of New Loan Type

New Loan Type. A new type of loan originated or acquired by the Seller (such as a home equity line of credit) which the Seller intends to transfer to the Guarantor, the terms and conditions of which are materially different (in the opinion of the Seller, acting reasonably) from the Loans. For the avoidance of doubt, a loan will not constitute a New Loan Type if it differs from the Loans included in the Portfolio due to it having different interest rates and/or interest periods and/or time periods.
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New Loan Type means a new type of mortgage loan originated by the Seller or a New Seller, which the Seller or the New Seller intends to transfer to the LLP, the terms and conditions of which are materially different (in the opinion of the Seller or the New Seller, acting reasonably) from any of the Loans or New Seller Loans in the Portfolio. For the avoidance of doubt, a mortgage loan will not constitute a New Loan Type if it differs from any of the Loans or New Seller Loans in the Portfolio solely due to it having different interest rates and/or interest periods and/or time periods for which it is subject to a fixed rate, capped rate, tracker rate or any other interest rate or the benefit of any discounts, cash-backs and/or rate guarantees;
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New Loan Type means on any date a type of Loan:
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New Loan Type means, on any date, a type of Loan:
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New Loan Type means a new type of mortgage loan, home equity line of credit or multi-loan product (including a Home Power Plan Line of Credit, any other Line of Credit or other multi- loan product, but not including a Home Power Plan Mortgage Loan) originated or acquired by the Seller, which the Seller intends to transfer to the Guarantor, the terms and conditions of which are materially different (in the opinion of the Seller, acting reasonably) from a conventional amortizing mortgage loan or a Home Power Plan Mortgage Loan, unless such new type of Loan (including a Home Power Plan Line of Credit, any other Line of Credit or other multi-loan product) has satisfied the conditions for sale of New Loan Types to the Guarantor set forth in section 5.1(i) of the Mortgage Sale Agreement. For the avoidance of doubt, a mortgage loan will not constitute a New Loan Type if it differs from a conventional amortizing mortgage loan or a Home Power Plan Mortgage Loan due to it having different interest rates and/or interest periods and/or time periods for which it is subject to a fixed rate, capped rate, tracker rate or any other interest rate or the benefit of any discounts, cash-backs and/or rate guarantees or due to it being originated by a new Originator;
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Related to New Loan Type

  • Loan Type Each Mortgage Loan is a [Adjustable Rate] [Balloon] [Fixed Rate] Mortgage Loan.

  • New Loan means a Loan made by the Failed Bank after the Bid Valuation Date that is not a continuation, amendment, modification, renewal, extension, refinancing, restructuring or refunding of or for any then-existing Loan.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Prop Type Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 6566412 180 14 $99,643.00 $51,000.00 $578.06 713 0300745072 6 179 1 $121,597.00 11/09/2001 49 High Point NC 27265 02 10.950 124 $50,887.32 11/20/2016 2 6566414 180 14 $95,000.00 $30,000.00 $355.24 791 0300744828 6 179 1 $100,000.00 11/07/2001 35 Kansas City MO 64119 02 11.750 125 $29,938.51 11/15/2016 2 6566416 180 14 $32,275.00 $42,500.00 $481.72 705 0300744893 6 178 1 $65,000.00 10/18/2001 37 Hastings NE 68901 02 10.950 116 $42,311.33 10/23/2016 2 6566418 180 14 $227,050.00 $60,000.00 $663.24 680 0300744851 6 179 1 $239,000.00 11/05/2001 43 Apollo Beach FL 33572 02 10.500 121 $59,861.76 11/09/2016 2 6566420 180 14 $79,086.00 $40,900.00 $427.09 687 0300745023 6 179 1 $96,000.00 11/07/2001 32 Lenoir City TN 37772 02 9.500 125 $40,900.00 11/13/2016 2 6566422 180 14 $111,186.00 $40,000.00 $473.65 723 0300744927 6 179 1 $135,766.00 11/03/2001 47 Sheffield OH 44054 02 11.750 112 $39,835.23 11/08/2016 2 6566424 180 14 $40,351.00 $51,800.00 $555.06 722 0300744539 6 179 1 $73,795.00 11/07/2001 38 Ottawa KS 66067 02 9.950 125 $51,583.84 11/13/2016 2 6566426 180 14 $116,191.00 $75,000.00 $794.52 705 0300744745 6 179 1 $160,000.00 11/07/2001 36 Greenfield WI 53221 02 9.750 120 $74,622.69 11/13/2016 2 6566428 180 14 $53,200.00 $35,500.00 $397.94 738 0300744612 6 179 1 $72,000.00 11/07/2001 32 Columbus NE 68601 02 10.750 124 $35,420.08 11/13/2016 2 6566430 180 14 $154,825.00 $49,400.00 $546.07 692 0300744588 6 179 1 $163,450.00 11/06/2001 38 Presno CA 93720 02 10.500 125 $49,286.18 11/12/2016 2 6566432 300 14 $161,667.00 $65,000.00 $607.92 762 0300744513 8 299 1 $200,506.00 11/03/2001 38 Edgewood WA 98372 02 10.380 114 $64,954.06 11/08/2026 2 6566434 180 14 $148,689.00 $50,000.00 $560.47 717 0300744778 6 179 1 $161,250.00 11/08/2001 37 New Windsor NY 12553 02 10.750 124 $49,887.45 11/14/2016 2 6566436 180 14 $218,000.00 $35,000.00 $449.77 659 0300744752 6 179 1 $214,000.00 11/06/2001 43 Parker CO 80134 02 13.300 119 $34,938.15 11/13/2016 2 6566438 180 14 $129,500.00 $43,000.00 $488.47 689 0300744737 6 179 1 $138,000.00 11/08/2001 41 Waukee IA 50263 02 10.990 125 $42,905.34 11/14/2016 2 6566658 300 14 $138,794.00 $33,000.00 $369.08 686 0300753886 8 299 1 $138,794.00 11/05/2001 49 Westland MI 48186 02 12.880 124 $32,984.98 11/13/2026 2 6567198 301 14 $96,954.00 $37,200.00 $384.94 711 0300738812 8 299 1 $111,000.00 10/26/2001 44 Montgomery AL 36116 02 11.750 121 $37,164.25 11/01/2026 2 6567746 181 14 $111,362.00 $35,000.00 $469.05 654 0300758810 6 179 1 $128,062.00 10/20/2001 33 Keizer OR 97303 02 14.130 115 $34,942.93 11/06/2016 2 6567770 121 14 $42,548.00 $13,500.00 $191.74 701 0300738978 5 119 1 $45,000.00 10/15/2001 30 Bridgeport OH 43912 02 11.750 125 $13,432.19 11/01/2011 2 6568040 180 14 $171,000.00 $48,200.00 $570.75 701 0300739042 6 179 1 $191,029.00 11/06/2001 41 LEICESTER MA 01524 02 11.750 115 $48,100.96 11/13/2016 2 6568200 180 14 $108,608.00 $53,500.00 $659.40 690 0300764354 6 179 1 $152,178.00 11/09/2001 41 Las Vegas NV 89117 02 12.500 107 $53,397.89 11/15/2016 2 6568410 181 14 $51,550.00 $29,000.00 $359.79 707 0300742384 6 180 1 $70,000.00 11/07/2001 27 Matheson CO 80830 02 12.630 116 $29,000.00 12/01/2016 2 Page 494 of 526

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Document type means the type of payment request or receiving report available for creation in Wide Area WorkFlow (WAWF).

  • FHA Loan means a Mortgage Loan which is the subject of an FHA Mortgage Insurance Contract.

  • Rate Type means the Offshore Rate, the Base Rate or the CP Rate.

  • Offered Loans has the meaning specified in Section 2.05(d)(iii).

  • Non-Discount Mortgage Loan Any Mortgage Loan with an Adjusted Net Mortgage Rate that is greater than or equal to the Required Coupon.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Loan Terms means and refers collectively to (a) all the terms and conditions set out in the Application Form, (b) these General Terms and Conditions, and (d) all terms and conditions specified in the other Loan Documents.

  • Loan Request means a Loan request and certificate duly executed by an Authorized Officer of the Borrower substantially in the form of Exhibit B hereto.

  • Discount Mortgage Loan Any Mortgage Loan having a Net Mortgage Rate (or the initial Net Mortgage Rate) of less than the Discount Net Mortgage Rate per annum and any Mortgage Loan deemed to be a Discount Mortgage Loan pursuant to the definition of Qualified Substitute Mortgage Loan.

  • engine type means a category of engines which do not differ in essential engine characteristics.

  • Loan Checklist An electronic or hard copy, as applicable, of a checklist delivered by or on behalf of the Borrower to the Collateral Custodian, for each Loan, of all Required Loan Documents to be included within the respective Loan File, which shall specify whether such document is an original or a copy.

  • Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Permitted Loan Purchase Assignment and Acceptance means an assignment and acceptance entered into by a Lender as an Assignor and Holdings, the Borrower or any of the Subsidiaries as an Assignee, as accepted by the Administrative Agent (if required by Section 9.04) in the form of Exhibit F or such other form as shall be approved by the Administrative Agent and the Borrower (such approval not to be unreasonably withheld or delayed).

  • Term: Prop Type Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 7665431 180 14 $101,226.00 $60,000.00 $759.34 696 0301134912 6 179 1 $145,925.00 04/15/2002 47 Claremore OK 74017 02 13.010 111 $60,000.00 04/26/2017 2 7665433 180 14 $119,139.00 $60,000.00 $753.43 724 0301134920 6 179 1 $144,000.00 04/17/2002 42 Moreno Valley CA 92553 02 12.860 125 $59,889.32 04/29/2017 2 7665435 180 14 $145,886.00 $25,000.00 $313.11 684 0301134938 6 179 1 $147,000.00 04/16/2002 42 Riverside CA 92503 02 12.810 117 $25,000.00 04/30/2017 2 7665437 180 14 $284,754.00 $30,000.00 $415.36 651 0301134946 6 179 1 $292,345.00 04/11/2002 45 Corona CA 92882 02 14.780 108 $29,954.14 04/30/2017 2 7665439 301 14 $120,606.00 $75,000.00 $815.25 720 0301135117 8 300 1 $156,900.00 04/25/2002 50 Salem OR 97305 02 12.460 125 $74,953.19 05/03/2027 2 7665441 180 14 $114,519.00 $35,000.00 $412.32 721 0301134953 6 179 1 $140,000.00 04/10/2002 37 Torrington CT 06790 02 11.660 107 $35,000.00 04/30/2017 2 7665443 241 14 $101,710.00 $65,000.00 $751.36 722 0301135083 9 240 1 $147,000.00 04/18/2002 39 Highland CA 92346 02 12.780 114 $64,940.89 05/01/2022 2 7665445 180 14 $109,544.00 $29,000.00 $363.21 692 0301134961 6 179 1 $111,900.00 04/17/2002 42 San Bernardino CA 92404 02 12.810 124 $28,809.45 04/30/2017 2 7665447 180 14 $143,305.00 $35,000.00 $442.72 691 0301134979 6 179 1 $150,000.00 04/02/2002 22 Riverview FL 33569 02 13.000 119 $34,879.02 04/24/2017 2 7665449 180 14 $89,802.00 $75,000.00 $899.64 717 0301134987 6 179 1 $138,000.00 04/08/2002 47 Tallahassee FL 32309 02 11.990 120 $74,849.38 04/26/2017 2 7665451 181 14 $254,780.00 $33,000.00 $413.30 694 0301135133 6 179 1 $270,000.00 03/29/2002 49 San Dimas CA 91773 02 12.810 107 $32,938.84 04/18/2017 2 7665453 181 14 $81,399.00 $60,000.00 $783.19 690 0301134995 6 180 1 $124,000.00 04/17/2002 34 West Allis WI 53219 02 13.610 115 $60,000.00 05/01/2017 2 7665455 180 14 $99,750.00 $31,500.00 $403.75 670 0301135000 6 179 1 $105,000.00 04/05/2002 39 Nampa ID 83651 02 13.250 125 $31,500.00 04/25/2017 2 7665457 181 14 $58,289.00 $21,200.00 $325.97 652 0301135018 6 180 1 $64,349.00 04/18/2002 39 Norman OK 73071 02 16.980 124 $21,200.00 05/01/2017 2 7665585 180 14 $157,899.00 $40,850.00 $491.58 718 0301128807 6 179 1 $159,000.00 04/24/2002 44 Green Bay WI 54311 02 12.050 125 $40,850.00 04/30/2017 2 7665587 180 14 $149,119.00 $30,000.00 $384.52 670 0301128781 6 179 1 $158,000.00 04/23/2002 45 ORLANDO FL 32824 02 13.250 114 $29,946.73 04/29/2017 2 7665589 301 14 $87,088.00 $67,000.00 $786.08 692 0301110672 8 300 1 $130,000.00 04/27/2002 50 ELM GROVE LA 71051 02 13.600 119 $67,000.00 05/03/2027 2 7665628 61 14 $92,571.00 $29,000.00 $635.97 683 0300980745 4 58 1 $123,000.00 02/15/2002 34 TUCSON AZ 85743 02 11.380 99 $27,906.48 03/01/2007 2 7665659 181 14 $86,889.00 $25,000.00 $316.32 666 0301108130 6 180 1 $92,000.00 04/12/2002 46 Semmes AL 36575 02 13.000 122 $25,000.00 05/01/2017 2 7665691 301 14 $80,686.00 $25,000.00 $334.83 671 0301108098 8 299 1 $85,000.00 03/25/2002 40 Mobile AL 36695 02 15.750 125 $24,983.13 04/01/2027 2 7665695 301 14 $120,051.00 $29,000.00 $305.44 686 0301110508 8 300 1 $121,000.00 04/24/2002 43 Columbus MS 39701 02 12.000 124 $28,984.56 05/02/2027 2 Page 231 of 432

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Term Loan A has the meaning set forth in Section 2.2(a).