Examples of Relevant Loan Portfolio in a sentence
Each Purchase Agreement shall further require that if a Proposed Pool contains an amount of Loans that is less than the Relevant Loan Portfolio of a particular Servicer then servicing the Loans in such Seller’s Relevant Loan Portfolio, the Seller shall select Loans for sale or pledge from the Relevant Loan Portfolio at random (selected in the manner specified by the related Seller to, and approved by, the Department prior to such selection) within each applicable academic year.
For each academic year, ascertain whether the percentage of loans for each School Type included in the unique Relevant Loan Portfolio for the same academic year as detailed on the Loan Data Schedule falls within the lower and upper boundaries for the Pledged Pool(s) calculated at step 6(a) for the same School Type.
If more than one Servicer serviced the unique Relevant Loan Portfolio, ask the Seller of Eligible Direct Issue if loans in the Pledged Pool(s) were randomly selected from the entire unique Relevant Loan Portfolio (i.e., all Servicers) in a manner that provided loans, within the entire Relevant Loan Portfolio, an equal chance of being selected, regardless of the Servicer.
This could be done through posters, a short video, or a “public service announcement” on the school’s morning news program or over the PA system.
Corporation stops shall be in the "open" position after the service connection is complete.
Perform steps 2 through 5 with respect to each unique Relevant Loan Portfolio detailed on the Loan Data Schedules, associated with each Loan Designation Notice for which the management assertion is made.
The Relevant Loan Portfolio excludes Restricted Loans, which may not be sold or pledged pursuant to the FNPA while such loans are classified as Restricted Loans.
The Relevant Loan Portfolio is the Seller’s or Eligible Direct Issuer’s complete portfolio of student loans that would satisfy the criteria for an Eligible Loan as of the date of determination of the Relevant Loan Portfolio that is owned by the Seller or Eligible Direct Issuer, whether self-serviced or serviced by a third-party servicer.
Some or all of the following skills, knowledge, experience, qualifications and/or training are needed to perform work at this level.
Inspect the Loan Data Schedules (from §3.3(K)(1)) associated with the unique Relevant Loan Portfolio to ascertain if loans in the unique Relevant Loan Portfolio and associated Pledged Pool(s) were serviced by one or more Servicers.