PMI Company definition

PMI Company means any private mortgage insurance company approved by the Authority, to provide Private Mortgage Insurance Commitments on Conventional Mortgage Loans.
Sample 1Sample 2Sample 3

Examples of PMI Company in a sentence

  • In addition, the Participating Lender must file the applicable notice of transfer form required by the PMI Company and notify the customer that the first payment will include the monthly PMI premium.

  • In addition, the first year’s premium should be delivered to the PMI Company by the Participating Lender along with the notice of transfer form.

  • PMI (monthly) insured loans - Two month's mortgage insurance is to be collected and remitted by the Participating Lender to the PMI Company, at time of closing, in order to initialize the mortgage insurance.

  • In connection with any assumption or substitution agreement entered into or to be entered as permitted under Applicable Requirements, the Subservicer shall promptly notify the related PMI Company, if any, of such assumption or substitution of liability in accordance with the terms of the PMI policy.

  • Client will then underwrite the requested assumption, request any required Investor and/or PMI Company, FHA or VA approval, and forward approved assumption to Servicer for final transfer and assumption.

  • As of the Sale Date and Servicing Transfer Date, there is no pending claim or demand for repurchase of any Mortgage Loan by an Investor or rescission of any mortgage insurance by the Insurer or PMI Company.

  • If the lender takes your home through foreclosure of the mortgage because of these reasons, the mortgage insurer (HUD, VA, Rural Development, Xxxxxx Mae or Xxxxxxx Mac approved PMI Company) will not be able to help you.

  • Except as disclosed by Seller to Purchaser, there is no pending claim or demand for (x) repurchase of any Mortgage Loan by an Investor or (y) rescission of any (i) mortgage insurance by FHA, (ii) mortgage guaranty by VA or USDA or (iii) PMI by the Insurer or PMI Company.

  • Although we try to respond within 48 hours the process may take up to 5 business days and in very unusual circumstances longer, like if the PMI Company is completing an acquisition analysis that requires an independent property valuation.

  • Two month's mortgage insurance is to be collected and remitted by the Participating Lender to the PMI Company, at time of closing, in order to initialize the mortgage insurance.

Related to PMI Company

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • Material Group Company means the Issuer or a Subsidiary representing more than 5.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the net profit of the Group on a consolidated basis according to the latest Financial Report.

  • Company Subsidiary means any Subsidiary of the Company.

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • existing company means a company formed and registered under any of the previous companies laws…”

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • RQFII means a Renminbi qualified foreign institutional investor approved pursuant to the relevant PRC regulations (as amended from time to time).

  • boycott energy companies means, without an ordinary business purpose, refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations with a company because the company:

  • CBS shall have the meaning set forth in the Preamble.

  • Related Company means any entity that is directly or indirectly controlled by, in control of or under common control with the Company.

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • Health care entity means any health care provider, health plan or health care clearinghouse.

  • CTS means the market rules that allow transactions to be scheduled based on a bidder’s willingness to purchase energy from a source in either the NYISO or PJM Control Area and sell it at a sink in the other Control Area if the forecasted price at the sink minus the forecasted price at the corresponding source is greater than or equal to the dollar value specified in the bid.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Combined Company means Holdco and its consolidated subsidiaries after giving effect to the Business Combination.

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Company has the meaning set forth in the Preamble.

  • boycott energy company means “without an ordinary business purpose, refusing to deal with, terminating business activities with, or otherwise taking any action intended to penalize, inflict economic harm on, or limit commercial relations with a company because the company (a) engages in the exploration, production, utilization, transportation, sale, or manufacturing of fossil fuel-based energy and does not commit or pledge to meet environmental standards beyond applicable federal and state law, or (b) does business with a company described by paragraph (a).” (See Tex. Gov. Code 809.001). When applicable, does Vendor certify? Yes, Vendor certifies business entity that enters into a contract with a school district must give advance notice to the district if the person or an owner or operator of the business entity has been convicted of a felony. The notice must include a general description of the conduct resulting in the conviction of a felony.” Subsection (b) states, "a school district may terminate a contract with a person or business entity if the district determines that the person or business entity failed to give notice as required by Subsection (a) or misrepresented the conduct resulting in the conviction. The district must compensate the person or business entity for services performed before the termination of the contract.” Subsection (c) states, "This section does not apply to a publicly held corporation. Vendor certifies one of the following:

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Portfolio Company means the issuer or obligor under any Portfolio Investment held by any Obligor.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • School entity means a school district, intermediate