Residential Mortgages definition

Residential Mortgages means mortgages that are principally secured by single family residences, multi-family residential properties and residential land.
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Residential Mortgages means mortgages that are principally secured by mortgage registrations on residential property titles or residential leaseholds;
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Residential Mortgages means Mortgages that are registered on or against completed single family residences and multifamily residential properties;
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Examples of Residential Mortgages in a sentence

  • Residential Mortgages generally have lower default rates than other asset classes, but repossession becomes difficult.

  • The primary source of the Firm’s retail exposure is concentrated in two of three U.S. Basel III retail exposure categories: Residential Mortgages and Other Retail Exposures.

  • Loans secured by Residential Mortgages shall not exceed 75 per cent.

  • Loans secured by Residential Mortgages may not exceed 75 per cent.

  • The primary source of the Company’s retail exposure is concentrated in two of three Basel III retail exposure categories: Residential Mortgages and Other Retail Exposures.

  • Line item 80 Residential Mortgages (Not in Domestic Offices)Report the allowance for loan and lease losses for all loans secured by 1 to 4 family residential properties, including both first lien and second/junior lien loans, not held in domestic offices.

  • Line item 70 Residential Mortgages (in Domestic Offices)Report the sum of the allowance for loan and lease losses included in items 71, 72, and 73.

  • ALLOWANCE FOR LOAN LOSSES (continued) Residential Mortgages, HELOC, and Revolving Retail Retail Instalment Loans Significant Increase to Risk Thresholds - Commercial Loans In determining whether or not a significant increase to risk has occurred on commercial loans, the Credit Union reviews on an annual basis the internal risk ratings associated with the loans.

  • ALLOWANCE FOR LOAN LOSSES (continued) Stage Significant Increase to Risk Thresholds - Residential Mortgages and Personal Loans In determining whether or not a significant increase to risk has occurred on a residential mortgages and personal loans, the Credit Union reviews on an annual basis the credit scores (Beacon Scores) of the borrowers associated with the loans.

  • Stichting Holding Cartesian was formerly named Stichting Holding Cartesian Residential Mortgages 1.


More Definitions of Residential Mortgages

Residential Mortgages means mortgages which are principally secured by real estate properties that have or will have residential uses.
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Related to Residential Mortgages

  • Residential mortgage loan means any loan primarily for

  • Conventional Mortgage means a mortgage for which the principal amount, at the time of commitment, together with all other equal and prior ranking mortgages: (a) in the case of a property purchase, does not exceed the lower of 75% of the purchase price of the underlying real property securing the mortgage and 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser; and (b) in the case of a refinancing, does not exceed 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser at the time of such refinancing.

  • Commercial Mortgage Loan means a loan secured by a mortgage, other than a residential mortgage loan.

  • Additional Mortgage shall have the meaning assigned to such term in Section 5.10(c).

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

  • Additional Mortgaged Property has the meaning assigned to that term in subsection 6.9.

  • Residential housing or "Residence" means a single-family, owner-occupied dwelling located within the State that qualifies for financing by the Authority within the meaning of the Act, the Rules and Regulations, the Code and related regulations.

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • Mortgage Instruments means such title reports, ALTA title insurance policies (with endorsements), evidence of zoning compliance, property insurance, flood certifications and flood insurance (and, if applicable FEMA form acknowledgements of insurance), opinions of counsel, ALTA surveys, appraisals, environmental assessments and reports, mortgage tax affidavits and declarations and other similar information and related certifications as are reasonably requested by, and in form and substance reasonably acceptable to, the Collateral Agent from time to time.

  • Mortgages means, individually and collectively, one or more mortgages, deeds of trust, or deeds to secure debt, executed and delivered by a Loan Party or one of its Subsidiaries in favor of Agent, in form and substance reasonably satisfactory to Agent, that encumber the Real Property Collateral.

  • Residential means any school trip which includes an overnight stay.