Right Party Contact Rate definition

Right Party Contact Rate. The percentage of outbound calls that are a Right Party Contact.
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Right Party Contact Rate means a person-to-person contact with an obligor (a signer of the Mortgage Note), or, where applicable, the obligor’s legal guardian or attorney-in-fact with respect to the loan, or other third party as appointed by the mortgagor. Roll Rate is calculated as a three month rolling average percentage of loans, based on Unpaid Principal Balance, that remain in the same bucket or improve their delinquency status (including loans that payoff or are otherwise liquidated) from previous month-end to current month-end. Total Reconciled Market Value is the sum of all the RMVs on all the REO closings in the month. Total Sales Price is the sum of the sales price of all REO closings in the month, less any Sellers’ closing concessions in which the sales price was inflated to reflect the concession amount. EXHIBIT T [RESERVED] SCHEDULE I Mortgage Loan Schedule (Provided Upon Request) SCHEDULE IIA Representations and Warranties of Seller – DLJ Mortgage Capital, Inc.
Sample 1Sample 2
Right Party Contact Rate means a person-to-person contact with an obligor (a signer of the Mortgage Note), or, where applicable, the obligor’s legal guardian or attorney-in-fact with respect to the loan, or other third party as appointed by the mortgagor. Roll Rate is calculated as a three month rolling average percentage of loans, based on Unpaid Principal Balance, that remain in the same bucket or improve their delinquency status (including loans that payoff or are otherwise liquidated) from previous month-end to current month-end. Total Reconciled Market Value is the sum of all the RMVs on all the REO closings in the month. Total Sales Price is the sum of the sales price of all REO closings in the month, less any Sellers’ closing concessions in which the sales price was inflated to reflect the concession amount. EXHIBIT T FORM OF INTEREST RATE CAP AGREEMENTS (Available Upon Request) EXHIBIT U FORM OF DEPOSITOR CERTIFICATION Re: Credit Suisse First Boston Mortgage Securities Corp. Home Equity Asset Trust 2005-1 Home Equity Pass-Through Certificates, Series 2005-1 I, __________________________, certify that:
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Examples of Right Party Contact Rate in a sentence

  • At least one attempt every other Business Day at a 25% Right Party Contact Rate.

  • Right Party Contacts (After the 15th day of delinquency 18.75% but not in foreclosure) The Servicer will achieve an average daily Right Party Contact Rate for the month against all accounts past the first 15 days of delinquency but prior to foreclosure.

  • Right Party Contacts (First 15 days of delinquency) 22.5% The Servicer will achieve an average daily Right Party Contact Rate for the month against all accounts in their first 15 days of delinquency.


More Definitions of Right Party Contact Rate

Right Party Contact Rate. A person-to-person contact with an obligor (a signer of the Mortgage Note), or, where applicable, the obligor's legal guardian or attorney-in-fact with respect to the loan, or other third party as appointed by the Mortgagor.
Sample 1Sample 2
Right Party Contact Rate means a person-to-person contact with an obligor (a signer of the Mortgage Note), or, where applicable, the obligor's legal guardian or attorney-in-fact with respect to the loan, or other third party as appointed by the mortgagor. Roll Rate is calculated as a three month rolling average percentage of loans, based on Unpaid Principal Balance, that remain in the same bucket or improve their delinquency status (including loans that payoff or are otherwise liquidated) from previous month-end to current month-end. Total Reconciled Market Value is the sum of all the RMVs on all the REO closings in the month. Total Sales Price is the sum of the sales price of all REO closings in the month, less any Sellers' closing concessions in which the sales price was inflated to reflect the concession amount.
Sample 1
Right Party Contact Rate means a person-to-person contact with an obligor (a signer of the Mortgage Note), or, where applicable, the obligor’s legal guardian or attorney-in-fact with respect to the loan, or other third party as appointed by the mortgagor. Roll Rate is calculated as a three month rolling average percentage of loans, based on Unpaid Principal Balance, that remain in the same bucket or improve their delinquency status (including loans that payoff or are otherwise liquidated) from previous month-end to current month-end. Total Reconciled Market Value is the sum of all the RMVs on all the REO closings in the month. Total Sales Price is the sum of the sales price of all REO closings in the month, less any Sellers’ closing concessions in which the sales price was inflated to reflect the concession amount. EXHIBIT T FORM OF INTEREST RATE CAP AGREEMENT [ON FILE WITH XXXXX XXXXXX LLP] EXHIBIT U FORM OF DEPOSITOR CERTIFICATION Re: Credit Suisse First Boston Mortgage Securities Corp. Home Equity Asset Trust 2003-1 Home Equity Pass-Through Certificates, Series 2003-1 I, __________________________, certify that:
Sample 1
Right Party Contact Rate means a person-to-person contact with an obligor (a signer of the Mortgage Note), or, where applicable, the obligor’s legal guardian or attorney-in-fact with respect to the loan, or other third party as appointed by the mortgagor. Roll Rate is calculated as a three month rolling average percentage of loans, based on Unpaid Principal Balance, that remain in the same bucket or improve their delinquency status (including loans that payoff or are otherwise liquidated) from previous month-end to current month-end. Total Reconciled Market Value is the sum of all the RMVs on all the REO closings in the month. Total Sales Price is the sum of the sales price of all REO closings in the month, less any Sellers’ closing concessions in which the sales price was inflated to reflect the concession amount. EXHIBIT T [RESERVED] EXHIBIT U FORM OF DEPOSITOR CERTIFICATION Re: Credit Suisse First Boston Mortgage Securities Corp. CSFB Home Equity Pass-Through Certificates, Series 2005-AGE1 I, __________________________, certify that:
Sample 1
Right Party Contact Rate means a person-to-person contact with an obligor (a signer of the Mortgage Note), or, where applicable, the obligor's legal guardian or attorney-in-fact with respect to the loan, or other third party as appointed by the mortgagor. ROLL RATE is calculated as a three month rolling average percentage of loans, based on Stated Principal Balance, that remain in the same bucket or improve their delinquency status (including loans that payoff or are otherwise liquidated) from previous month-end to current month-end. TOTAL RECONCILED MARKET VALUE is the sum of all the RMVs on all the REO closings in the month. TOTAL SALES PRICE is the sum of the sales price of all REO closings in the month, less any Sellers' closing concessions in which the sales price was inflated to reflect the concession amount. Exhibit D WILSHIRE SERVICING STANDARDS TABLE 1 LEVEL 1 STANDARDS STANDARD TERMINATION STANDARD ----------------- -------- -------------------- 1 Right party contacts (First 15 days of delinquency) Wilshire will achieve an average daily 30% 22.5% Right Party Contact Rate for the month against all accounts in their first 15 days of delinquency 2 Right party contacts (After the 15th day of delinquency but not in foreclosure) Wilshire will achieve an average daily 25% 18.75% Right Party Contact Rate for the month against all accounts past the first 15 days of delinquency but prior to foreclosure 3 Promise to Pay Wilshire will achieve an average daily 30% 22.5% Promise to Pay on a minimum percentage of all loans 1-89 days delinquent XXXXX 0 XXXXXXXXX XXXXXXXX XXXXXXXXXXX STANDARD ----------------- -------- -------------------- Wilshire shall achieve a rolling three 70% 52.5% month average percentage of loans, based on Stated Principal Balance, that remain in the same bucket or improve their delinquency status (including loans that payoff or are otherwise liquidated) from previous month-end to current month-end Wilshire shall achieve a rolling three month average percentage of loans, based on Stated Principal Balance, that remain in the same bucket or improve their delinquency status (including loans payoff or are otherwise liquidated) from previous month-end to current month-end 6 Wilshire shall achieve a rolling three 40% 30% month average percentage of loans, based on Stated Principal Balance, that remain in the same bucket or improve their delinquency status (including loans that payoff or are otherwise liquidated) from previous month-end to current month-end 7 Abandonmen...
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Related to Right Party Contact Rate

  • Contract Rate means, with respect to a Receivable, the rate per annum at which interest accrues under the Contract evidencing such Receivable. Such rate may be less than the “Annual Percentage Rate” disclosed in the Receivable.

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • Applicable LIBOR Rate means, (a) for Auction Periods of 35 days or less, One-Month LIBOR, (b) for Auction Periods of more than 35 days but less than 91 days, Three-Month LIBOR, (c) for Auction Periods of more than 90 days but less than 181 days, Six-Month LIBOR, and (d) for Auction Periods of more than 180 days, One-Year LIBOR.

  • FX Rate means the “noon exchange rate” as reported by the Bank of Canada on any relevant date or if applicable, the rate calculated by the Calculation Agent, between the Canadian dollar and the foreign currencies into which some Reference Shares are denominated, expressed as the amount of Canadian dollars per one unit of foreign currency.

  • Base CD Rate means the sum of (a) the Three-Month Secondary CD Rate multiplied by the Statutory Reserve Rate plus (b) the Assessment Rate.

  • Day Rate means the rate per day per grade tendered by the Supplier in the Supplier’s proposal that shall never be exceeded within this Contract;

  • CDOR Rate means, the rate per annum, equal to the average of the annual yield rates applicable to Canadian Dollar banker’s acceptances at or about 10:00a.m. (Toronto, Ontario time) on the first day of such Interest Period (or if such day is not a Business Day, then on the immediately preceding Business Day) as reported on the “CDOR Page” (or any display substituted therefor) of Reuters Monitor Money Rates Service (or such other page or commercially available source displaying Canadian interbank bid rates for Canadian Dollar bankers’ acceptances as may be designated by the Administrative Agent from time to time) for a term equivalent to such Interest Period (or if such Interest Period is not equal to a number of months, for a term equivalent to the number of months closest to such Interest Period).

  • Maximum Net Mortgage Rate As to any Mortgage Loan and any date of determination, the Maximum Mortgage Rate for such Mortgage Loan minus the per annum rate at which the Servicing Fee is calculated.

  • Maximum Lifetime Mortgage Rate The maximum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Overnight LIBOR Rate means, in relation to any Loan in a LIBOR Quoted Specified Alternative Currency for any day, a rate per annum equal to the London Interbank Offered Rate (“LIBOR”) for such currency or, if such rate is not available, a comparable or successor rate which rate is reasonably selected by the Administrative Agent, as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time) at approximately 11:00 a.m. (London time) for an amount comparable to the amount of that Loan on such day for overnight deposits in the relevant currency, and, if any such applicable rate is below zero, the Overnight Libor Rate for such day will be deemed to be zero; provided, that, after the date hereof and to the extent a comparable or successor rate is reasonably selected by the Administrative Agent (as contemplated above), such selected rate shall be applied in a manner consistent with market practice; provided, further that to the extent such market practice is not administratively feasible for the Administrative Agent, such selected rate shall be applied in a manner as otherwise reasonably determined by the Administrative Agent.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • LIBOR Floor means 0.00%.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Fed Funds Effective Rate means, in respect of a day, the rate of interest (expressed as an annual rate) as published in Federal Reserve Statistical Release H.15 (519) or Reuters Screen FEDFUNDS 1 Page or Bloomberg Page FEDL01 INDEX or any substituted publication therefor, charged for federal funds (dollars in immediately available funds borrowed by banks on an overnight unsecured basis) on that day or the immediately preceding day for which it had a value, or, if not available, ascertained from any other source as the Margin Loan Provider may deem appropriate.

  • One-Month LIBOR With respect to the Class A Certificates, the Mezzanine Certificates, REMIC II Regular Interest II-LTA1, REMIC II Regular Interest II-LTA2, REMIC II Regular Interest II-LTA3, REMIC II Regular Interest II-LTA4, REMIC II Regular Interest II-LTM1, REMIC II Regular Interest II-LTM2, REMIC II Regular Interest II-LTM3, REMIC II Regular Interest II-LTM4, REMIC II Regular Interest II-LTM5, REMIC II Regular Interest II-LTM6, REMIC II Regular Interest II-LTM7, REMIC II Regular Interest II-LTM8, REMIC II Regular Interest II-LTM9, REMIC II Regular Interest II-LTM10 and REMIC II Regular Interest II-LTM11 and any Accrual Period therefor, the rate determined by the Trust Administrator on the related Interest Determination Date on the basis of the offered rate for one-month U.S. dollar deposits, as such rate appears on Telerate Page 3750 as of 11:00 a.m. (London time) on such Interest Determination Date; provided that if such rate does not appear on Telerate Page 3750, the rate for such date will be determined on the basis of the offered rates of the Reference Banks for one-month U.S. dollar deposits, as of 11:00 a.m. (London time) on such Interest Determination Date. In such event, the Trust Administrator will request the principal London office of each of the Reference Banks to provide a quotation of its rate. If on such Interest Determination Date, two or more Reference Banks provide such offered quotations, One-Month LIBOR for the related Accrual Period shall be the arithmetic mean of such offered quotations (rounded upwards if necessary to the nearest whole multiple of 1/16%). If on such Interest Determination Date, fewer than two Reference Banks provide such offered quotations, One-Month LIBOR for the related Accrual Period shall be the higher of (i) One-Month LIBOR as determined on the previous Interest Determination Date and (ii) the Reserve Interest Rate. Notwithstanding the foregoing, if, under the priorities described above, One-Month LIBOR for an Interest Determination Date would be based on One-Month LIBOR for the previous Interest Determination Date for the third consecutive Interest Determination Date, the Trust Administrator shall select, after consultation with the NIMS Insurer, an alternative comparable index (over which the Trust Administrator has no control), used for determining one-month Eurodollar lending rates that is calculated and published (or otherwise made available) by an independent party.

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

  • Fed Funds Rate means, for any period, a fluctuating interest rate (expressed as a per annum rate and rounded upwards, if necessary, to the next 1/16 of 1%) equal for each day during such period to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published for such day (or, if such day is not a Business Day, for the next preceding Business Day) by the Federal Reserve Bank of New York, or, if such rates are not so published for any day which is a Business Day, the average of the quotations for such day on such transactions received by BNPLC's Parent from three Federal funds brokers of recognized standing selected by BNPLC's Parent. All determinations of the Fed Funds Rate by BNPLC's Parent shall, in the absence of clear and demonstrable error, be binding and conclusive upon NAI.

  • Default Interest Rate is two percent above the base lending rate of Barclays Bank PLC, as varied from time to time;

  • Base LIBOR Rate means the rate per annum, determined by Agent in accordance with its customary procedures, and utilizing such electronic or other quotation sources as it considers appropriate (rounded upwards, if necessary, to the next 1/16%), on the basis of the rates at which Dollar deposits are offered to major banks in the London interbank market on or about 11:00 a.m. (California time) 2 Business Days prior to the commencement of the applicable Interest Period, for a term and in amounts comparable to the Interest Period and amount of the LIBOR Rate Loan requested by Administrative Borrower in accordance with this Agreement, which determination shall be conclusive in the absence of manifest error.

  • Maximum Mortgage Rate With respect to each Adjustable Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Mortgage Rate thereunder.

  • Dispatch Rate means the control signal, expressed in dollars per megawatt-hour, calculated and transmitted continuously and dynamically to direct the output level of all generation resources dispatched by the Office of the Interconnection in accordance with the Offer Data.

  • Flow rate means the rate at which water flows through pipes, valves and emission devices, measured in gallons per minute, gallons per hour, or cubic feet per second.

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Bank by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the LIBOR Reserve Percentage.