Rolling Six Month Delinquency Rate. As of any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Ratio for each of the six (or one, two, three, four and five in the case of the first, second, third, fourth and fifth Distribution Dates) immediately preceding Due Periods.
Rolling Six Month Delinquency Rate has a meaning given to it in the Insurance Agreement.
Rolling Six Month Delinquency Rate. For any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Ratio for each of the six (1, 2, 3, 4 or 5 in the case of the first six Distribution Dates, as the case may be) immediately preceding Due Periods.
Examples of Rolling Six Month Delinquency Rate in a sentence
The decision shall be made summarily, without hearing, unless the BCD judge concludes that a hearing is necessary.
More Definitions of Rolling Six Month Delinquency Rate
Rolling Six Month Delinquency Rate. As defined in the Insurance ---------------------------------- Agreement.
Rolling Six Month Delinquency Rate. With respect to any Distribution Date, the average of the 60-plus day delinquency percentages (including loans in foreclosure and REO Properties) for the six most recent months.
Rolling Six Month Delinquency Rate. With respect to any Distribution Date, the weighted average of the Delinquency Rates for each of six calendar months immediately preceding such Distribution Date; provided, that with respect to the first five Distribution Dates, it shall refer to the preceding one, two, three, four or five calendar months, as appropriate.
Rolling Six Month Delinquency Rate. With respect to any Pool, beginning with the sixth Determination Date and as of each Determination Date thereafter the average of the Pool Delinquency Rates for each of the six immediately preceding Due Periods.
Rolling Six Month Delinquency Rate has a meaning given to it in [____________________].
Rolling Six Month Delinquency Rate. As defined in the Insurance Agreement.] SAIF: The Savings Association Insurance Fund, as from time to time constituted, created under the Financial Institutions Reform, Recovery and Enhancement Act of 1989, or if at any time after the execution of this instrument the Savings Association Insurance Fund is not existing and performing duties now assigned to it, the body performing such duties on such date.
Rolling Six Month Delinquency Rate. For any Payment Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Ratio for each of the six immediately preceding Collection Periods (or for each Payment Date starting in through , the corresponding number of preceding Collection Periods).