Number of Mortgage Loans definition

Number of Mortgage Loans. 955 Aggregate Principal Balance ($): 154,912,167 Weighted Average Current Mortgage Rate (%): 7.004 Non-Zero Weighted Average Margin (%): 5.653 Non-Zero Weighted Average Maximum Rate (%): 13.029 Weighted Average Stated Original Term (months): 356 Weighted Average Stated Remaining Term (months): 352 Weighted Average Combined Original LTV (%): 78.38 % First Liens: 100.00 % Owner Occupied: 94.21 % Purchase: 33.19 % Full Doc: 60.86 Weighted Average Credit Score: 611
Sample 1
Number of Mortgage Loans. 764 Total Current Balance: 122,117,891.71 Average Current Balance: 159,840.17 Weighted Average FICO Score: 673.7 Weighted Average Current Combined LTV: 82.81 Weighted Average DTI Ratio: 40.50 % Cash-Out Refinance: 0.0 % Full Documentation: 0.0 % Owner Occupied: 92.9 Weighted Average Coupon: 7.307 Weighted Average Margin: 5.952 % 2-4 Family: 9.2 % MH: 0.0 % PUD: 15.3 % Condo: 8.6 % Silent Second: 66.14 # of Bankruptcy's in past 36 months: N/A # of Foreclosures in past 36 months: N/A ---------------------------------------------------------- ---------------------------------------------------------------- Selection Criteria: Full Documentation & Refinance - Cashout ================================================================
Sample 1
Number of Mortgage Loans. 131 Total Current Balance: 22,468,200.41 Average Current Balance: 171,512.98 Weighted Average FICO Score: 621.3 Weighted Average Current LTV: 78.80 Weighted Average DTI Ratio: 39.74 % Cash-Out Refinance: 0.0 % Full Documentation: 0.0 % Owner Occupied: 94.1 Weighted Average Coupon: 7.270 Weighted Average Margin: 5.627 % 2-4 Family: 8.6 % MH: 0.0 % PUD: 10.3 % Condo: 3.6 % Silent Second: 15.42 # of Bankruptcy's in past 36 months: N/A # of Foreclosures in past 36 months: N/A
Sample 1

Examples of Number of Mortgage Loans in a sentence

  • Scheduled Principal Balance: $78,274,246 Number of Mortgage Loans: 711 Average Scheduled Principal Balance: $110,090 Weighted Average Gross Coupon: 7.945% Weighted Average Original FICO Score: 648 Weighted Average Original Combined LTV Ratio(2): 80.64% Weighted Average Stated Remaining Term (months): 316 Weighted Average Seasoning (months): 3 (1) All percentages calculated herein are percentages of scheduled principal balance as of the Statistical Calculation Date unless otherwise noted.

  • Some examples include spherical joint DoF between nodes and links [8], [28], [48], while others exhibit prismatic joint DoF between nodes [49], [50].

  • Number of Mortgage Loans outstanding at beginning of related Due Period 14,529 A.

  • Scheduled Principal Balance: $71,606,608 Number of Mortgage Loans: 622 Average Scheduled Principal Balance: $115,123 Weighted Average Gross Coupon: 8.068% Weighted Average Original FICO Score: 643 Weighted Average Original Combined LTV Ratio(2): 82.28% Weighted Average Stated Remaining Term (months): 323 Weighted Average Seasoning (months): 3 (1) All percentages calculated herein are percentages of scheduled principal balance as of the Statistical Calculation Date unless otherwise noted.

  • Scheduled Principal Balance: $72,243,233 Number of Mortgage Loans: 638 Average Scheduled Principal Balance: $113,234 Weighted Average Gross Coupon: 7.906% Weighted Average Original FICO Score: 646 Weighted Average Original Combined LTV Ratio(2): 81.36% Weighted Average Stated Remaining Term (months): 325 Weighted Average Seasoning (months): 3 (1) All percentages calculated herein are percentages of scheduled principal balance as of the Statistical Calculation Date unless otherwise noted.

  • Designation Number of Mortgage Loans Cut-off Date Principal Balance Group I [170] $[58,612,954] Group II [670] $[253,179,911] Group III [TBD] $[TBD] Approximately [62.50]%, [64.20]% and [TBD]% of the groups I, II and III mortgage loans, respectively, require only payments of interest during the initial fixed period.

  • Summary Statistics Scheduled Principal Balance Average Scheduled Principal Balance Number of Mortgage Loans Weighted Average Gross Coupon Weighted Average SCOREFICO Score Weighted Average Combined Original LTV Weighted Average DTI Weighted Average Original Term Weighted Average Stated Remaining Term Weighted Average Seasoning Margin Minimum Mortgage Rate Maximum Mortgage Rate Initial Periodic Cap Periodic Cap Next Rate Adj.

  • Scheduled Principal Balance Average Scheduled Principal Balance Number of Mortgage Loans Weighted Average Gross Coupon Weighted Average SCOREFICO Score Weighted Average Combined Original LTV Weighted Average DTI Weighted Average Original Term Weighted Average Stated Remaining Term Weighted Average Seasoning Margin Minimum Mortgage Rate Maximum Mortgage Rate Initial Periodic Cap Periodic Cap Next Rate Adj.

  • MERS System: The electronic mortgage registration system maintained by MERS.MIN: The Mortgage Identification Number of Mortgage Loans registered with MERS on the MERS System.

  • Scheduled Principal Balance Average Scheduled Principal Balance Number of Mortgage Loans Weighted Average Gross Coupon Weighted Average FICO Score Weighted Average Combined Original LTV Weighted Average Original Term Weighted Average Stated Remaining Term Weighted Average Seasoning Margin Minimum Mortgage Rate Maximum Mortgage Rate Initial Periodic Cap Periodic Cap Next Rate Adj.


More Definitions of Number of Mortgage Loans

Number of Mortgage Loans. 512 Total Current Balance: 98,643,932.94 Average Current Balance: 192,663.93 Weighted Average FICO Score: 605.8 Weighted Average Current LTV: 81.69 Weighted Average DTI Ratio: 41.17 % Cash-Out Refinance: 0.0 % Full Documentation: 100.0 % Owner Occupied: 97.8 Weighted Average Coupon: 7.101 Weighted Average Margin: 6.338 % 2-4 Family: 8.6 % MH: 0.6 % PUD: 7.4 % Condo: 5.6 % Silent Second: 9.95 # of Bankruptcy's in past 36 months: N/A # of Foreclosures in past 36 months: N/A ----------------------------------------------------------------- Selection Criteria: Limited Documentation & Refinance - Rate Term ================================================================= Number of Mortgage Loans: 87 Total Current Balance: 19,363,620.38 Average Current Balance: 222,570.35 Weighted Average FICO Score: 606.9 Weighted Average Current LTV: 83.03 Weighted Average DTI Ratio: 39.44 % Cash-Out Refinance: 0.0 % Full Documentation: 0.0 % Owner Occupied: 96.1 Weighted Average Coupon: 7.067 Weighted Average Margin: 6.367 % 2-4 Family: 2.9 % MH: 1.0 % PUD: 15.6 % Condo: 8.6 % Silent Second: 11.90 # of Bankruptcy's in past 36 months: N/A # of Foreclosures in past 36 months: N/A ------------------------------------------------------------------ Selection Criteria: Stated Documentation & Refinance - Rate Term ==================================================================
Sample 1
Number of Mortgage Loans. Mortgage Loans: _________________
Sample 1
Number of Mortgage Loans. 238 Aggregate Principal Balance: 85,953,889 Weighted Average Current Mortgage Rate: 9.212 Weighted Average Margin: 6.506 Weighted Average Maximum Rate: 16.265 Weighted Average Original Term: 360 Weighted Average Stated Remaining Term: 357 Weighted Average Original LTV: 77.04 % Owner Occupied: 96.38 % Purchase: 17.32 % Full Doc: 46.19
Sample 1
Number of Mortgage Loans. 100 Total Current Balance: 21,147,709.10 Average Current Balance: 211,477.09 Weighted Average FICO Score: 632.8 Weighted Average Current LTV: 85.89 Weighted Average DTI Ratio: 34.02 % Cash-Out Refinance: 0.0 % Full Documentation: 0.0 % Owner Occupied: 86.8 Weighted Average Coupon: 6.833 Weighted Average Margin: 5.400 % 2-4 Family: 4.4 % MH: 0.0 % PUD: 9.6 % Condo: 10.7 % Silent Second: 38.13 # of Bankruptcy's in past 36 months: N/A # of Foreclosures in past 36 months: N/A ------------------------------------------------------------------------- Selection Criteria: Limited Documentation & Refinance - Cashout =========================================================================
Sample 1

Related to Number of Mortgage Loans

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

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

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Group III Mortgage Loans Group IV Mortgage Loans" and "Group V 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 July 25, 2007 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer") anx XXXC Bank USA, 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 II-A Distribution Amount for the Class II-A-IO Certificates required to be distributed to Holders of the Class II-A-IO Certificates on such Distribution Date, subject to adjustment in certain events as specified in the Agreement. The Class II-A-IO Certificates are not entitled to distributions in respect of principal. The Class II-A-IO Pass-Through Rate with respect to each Distribution Date prior to the Distribution Date in June 2012 will be a per annum rate equal to 0.18786445%. On and after the Distribution Date in June 2012, the Class II-A-IO Pass-Through Rate will be zero and the Class II-A-IO Certificates will be entitled to no further distributions of interest. 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 II-A-IO 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 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 on 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.

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

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

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

  • Mortgage Pool The pool of Mortgage Loans, identified on Schedule 1 from time to time, and any REO Properties acquired in respect thereof.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

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

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

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a principal balance at origination that may or may not conform to Freddie Mac and Fannie Mae loxx xxxxts.

  • MERS Eligible Mortgage Loan Any Mortgage Loan that has been designated by the Servicer as recordable in the name of MERS.

  • Balloon Mortgage Loan A Mortgage Loan that provides for the payment of the unamortized principal balance of such Mortgage Loan in a single payment at the maturity of such Mortgage Loan that is substantially greater than the preceding monthly payment.

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

  • Mortgage Loan Group Either Group I or Group II. References herein to the related Class of Class A Certificates, when used with respect to a Mortgage Loan Group, shall mean (A) in the case of Group I, the Class A-1 Certificates and (B) in the case of Group II, the Class A-2 Certificates.

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

  • Subsequent Mortgage Loan A Mortgage Loan sold by the Depositor to the Trust Fund pursuant to Section 2.08, such Mortgage Loan being identified on the Mortgage Loan Schedule attached to a Subsequent Transfer Instrument.

  • Mortgage Loan Rate means, as of any date of determination, the weighted average of the Note A Rate and the Note B Rate.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which Seller is selling to Buyer simultaneously with the origination thereof.

  • 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.

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • High Cost Mortgage Loan means a Mortgage Loan classified as (a) a “high cost” loan under the Home Ownership and Equity Protection Act of 1994 or (b) a “high cost,” “threshold,” “covered,” or “predatory” loan under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law, regulation or ordinance imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees).

  • Replacement Mortgage Loan A Mortgage Loan or Mortgage Loans in the aggregate substituted by the Seller for a Deleted Mortgage Loan, which must, on the date of such substitution, as confirmed in a Request for Release, (i) have a Stated Principal Balance, after deduction of the principal portion of the Scheduled Payment due in the month of substitution, not in excess of, and not less than 90% of, the Stated Principal Balance of the Deleted Mortgage Loan; (ii) if the Replacement Mortgage Loan is a fixed rate Mortgage Loan, have a fixed Mortgage Rate not less than or more than 1% per annum higher than the Mortgage Rate of the Deleted Mortgage Loan; (iii) have the same or higher credit quality characteristics than that of the Deleted Mortgage Loan; (iv) have a Loan-to-Value Ratio no higher than that of the Deleted Mortgage Loan; (v) have a remaining term to maturity no greater than (and not more than one year less than) that of the Deleted Mortgage Loan; (vi) not permit conversion of the Mortgage Rate from a fixed rate to a variable rate; (vii) have the same lien priority as the Deleted Mortgage Loan; (viii) constitute the same occupancy type as the Deleted Mortgage Loan or be owner occupied; (ix) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Maximum Mortgage Rate not less than the Maximum Mortgage Rate on the Deleted Mortgage Loan, (x) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Minimum Mortgage Rate not less than the Minimum Mortgage Rate of the Deleted Mortgage Loan, (xi) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Gross Margin equal to or greater than the Gross Margin of the Deleted Mortgage Loan, (xii) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a next Adjustment Date not more than two months later than the next Adjustment Date on the Deleted Mortgage Loan, (xiii) comply with each representation and warranty set forth in Section 7 of the Mortgage Loan Purchase Agreement and (xiv) the Custodian has delivered a Final Certification noting no defects or exceptions.