Pooled Mortgages definition

Pooled Mortgages means and include all of the following with regard to any and all mortgages backing, or participation interests in mortgages backing, or placed in pools backing, any issuance of securities guaranteed by Xxxxxx Xxx under the MBS Program as to which Issuer is deemed the Issuer: the security instruments and security interests reflected by such mortgages, together with the promissory notes or instruments related thereto and the indebtedness secured thereby, all payments, proceeds, receivables, recoveries, other funds paid, provided or held pursuant to or in connection with any of the foregoing items, all claims or choses in action, insurance or guaranty claims pertaining to the foregoing, the title evidence pertaining to the secured properties, and all other assets, documents, instruments and other papers pertaining to the foregoing and the transactions to which they relate, the Servicing Rights, and the Servicing Income. In the case of home equity conversion mortgage loans (“HECMs”), in addition to the foregoing, “Pooled Mortgages” shall mean and include all of the following with regard to any and all HECM loans related to the participation interests, including participation interests in advances made to borrowers, placed in pools backing any issuance of securities guaranteed by Xxxxxx Xxx under the MBS Program as to which Issuer is deemed the Issuer: amounts related to such participation interests, including, but not limited to, accrued interest on such mortgages, related servicing fees and monthly insurance premiums paid to FHA to maintain mortgage insurance on such mortgages that do not constitute Xxxxxx Participations, as such term is defined in the Guaranty Agreement for HMBS.

Pooled Mortgages shall have the meaning provided in Section 1.01(c)(i).

Pooled Mortgages shall have the meaning assigned to such term in Section 2(f).

Examples of Pooled Mortgages in a sentence

• In place of the Schedule of Subscribers & Ginnie Mae Guaranty Agreement (form HUD 11705) and the Schedule of Pooled Mortgages (form HUD 11706H), each Issuer is required to submit, through GinnieNET, the Schedule of Subscribers & Ginnie Mae Guaranty Agreement (form HUD 11705H) and the Schedule of Pooled Participations and Mortgages (form HUD 11706H).

• Public Comment: Jason Grant Garza said public officials should be held responsible for their actions.

• Therefore, if Xxxxxx Xxx extinguishes Issuer’s redemption, equitable, legal or other right, title or interest in the Pooled Mortgages in accordance with the Xxxxxx Xxx Contract, Secured Party’s Security Interest instantly and automatically will be extinguished as well.

• The Schedule incorporates by reference both the terms and conditions contained herein and the Schedule of Pooled Mortgages; is executed by the Issuer and Xxxxxx Xxx for each pool of mortgages securitized by the Issuer and guaranteed by Xxxxxx Mae; and sets forth a list of the initial Security Holders.

• The document custodian is required to formally certify that the documents in its control completely represent the related loans and pools in accordance with Ginnie Mae requirements, and are consistent with the Schedule of Pooled Mortgages, form HUD-11706 or form HUD- 11706H (Appendix III-7 of the Guide) (“form HUD- 11706”).

• PLS shall deliver to the to the Administrative Agent within seven (7) Business Days after the end of each month, the information relating to the Pooled Mortgages required pursuant to Schedule 4 hereto.

• Furthermore, in these small tropical watersheds, the terrestrial and marine environments are intimately connected.

• Issuer must provide to the document custodian, for each mortgage listed on the Schedule of Pooled Mortgages (forms HUD 11706 or 11706H), all documents necessary for final certification by the document custodian.

• After final endorsement by the FHA, and in accordance with the conditions of the Master Custodial Agreement, form HUD-11715 (Appendix III-4 of the Guide) (“form HUD-11715”), the certifications required on the Schedule of Pooled Mortgages, form HUD-11706 (Appendix III-7 of the Guide) (“form HUD-11706”), and the Guide, the Issuer must deliver the documents set forth below to the document custodian at the location indicated on the form HUD-11706.

• Issuer must provide, for each mortgage listed on the Schedule of Pooled Mortgages (form HUD 11706), or the Schedule of Pooled Participations and Mortgages (form HUD 11706H0, all documents necessary for final certification by the document custodian.

More Definitions of Pooled Mortgages

Pooled Mortgages. Has the meaning set forth in the Granting Clause. Portfolio: Each of (i) the Originated MSR Portfolio, (ii) the Purchased MSR Portfolio, and (iii) any other portfolio identified in, and underlying, a Participation Certificate.

Pooled Mortgages. As defined in the Granting Clause.

Pooled Mortgages has the meaning set forth in Section 2.01(c)(i).

Pooled Mortgages means and include all of the following with regard to any and all mortgages backing, or placed in pools backing, any issuance of securities guaranteed by Xxxxxx Xxx under the MBS Program as to which Issuer is deemed the issuer: the security instruments and security interests reflected by such mortgages, together with the promissory notes or instruments related thereto and the indebtedness secured thereby, all payments, proceeds, receivables, recoveries, other funds paid, provided or held pursuant to or in connection with any of the foregoing items, all claims or choses in action, insurance or guaranty claims pertaining to the foregoing, the title evidence pertaining to the secured properties, and all other assets, documents, instruments and other papers pertaining to the foregoing and the transactions to which they relate, the Servicing Rights, and the Servicing Income.