Repurchase Mortgage Loans. Any mortgage loan that Guarantor has been required to repurchase from an Agency, any Approved Investor or any Person related in any way to a securitization, due to breaches of representations or warranties.
Repurchase Mortgage Loans has the meaning given to it in Clause 12 (Repurchase of Mortgage Loans) of the Mortgage Sale Agreement;
Repurchase Mortgage Loans has the meaning given to it in Clause 12 (Repurchase of Mortgage Loans) of the Mortgage Sale Agreement;
Examples of Repurchase Mortgage Loans in a sentence
In addition, (i) the aggregate unpaid principal amount of all Separate Bank Advances in respect of Non-conforming Loans outstanding at any one time shall not exceed the Non-conforming Loan Sublimit, and (ii) the aggregate unpaid principal amount of all Separate Bank Advances in respect of Eligible Repurchase Mortgage Loans outstanding at any one time shall not exceed the Repurchase Loan Sublimit.