Securitization Transfer definition

Securitization Transfer. The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction.
Securitization Transfer. The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction. Seller: WMC Mortgage Corp., its successors in interest and assigns. Servicer: Fairbanks Capital Corp., and its successors in interest.
Securitization Transfer. The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly offered or privately placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction. Seller: With respect to each Mortgage Loan, the Seller set forth in the related Purchase Agreement. Servicer: Countrywide Home Loans Servicing LP or any entity which services the Mortgage Loans pursuant to this Agreement or its successor in interest or any successor or assign to or designee of Servicer under this Agreement as herein provided. Unless the context requires otherwise, all references to “Servicer” in this Agreement shall be deemed to include such Servicer’s successors in interest, assignees or designees.

Examples of Securitization Transfer in a sentence

  • Notwithstanding the above sentences, with respect to any Mortgage Loan included in a Securitization Transfer, within sixty (60) days after the earlier of either discovery by, or notice to, the Seller of any breach of the representations or warranties set forth in clause (ff), (tt), (ddd), (eee), (mmm) or (sss) of Section 3.02, the Seller shall repurchase such Mortgage Loan at the Repurchase Price.

  • With respect to Mortgage Loans without prepayment penalties, in the event that any such Mortgage Loan prepays in full either (i) on or before a Securitization Transfer or (ii) during the first six months following the related Closing Date, the Seller shall pay the Purchaser, within three (3) Business Days of such prepayment in full, the difference between the Purchase Price for such Mortgage Loan and the outstanding principal balance of such Mortgage Loan as of the related Cut-off Date.

  • Any such subservicer must agree in writing to comply with the provisions of Sections 6.04, 6.05, 6.08 and the fifth paragraph of Section 7.01 to the same extent as if such subservicer were the Company, and with this Section 6.09 and to provide such information relating to such subservicer as the Purchaser or its designee may request from time to time in order to permit the Purchaser or its designee to comply with Regulation AB in connection with any Securitization Transfer.

  • The Company shall promptly notify the Purchaser of (i) any litigation or governmental proceedings pending against the Company of the type described in Section 3.01(g) or (ii) any affiliations or relationships that may develop following a Securitization Transfer between the Company and any of the Persons identified in Item 1119 of Regulation AB.

  • The Owner may sell and transfer, in whole or in part, some or all of the Mortgage Loans at any time and from time to time (including, without limitation, in connection with a Securitization Transfer).


More Definitions of Securitization Transfer

Securitization Transfer is revised to read "Securitization Transaction" in each case in the second paragraph of Section 2.01(a) of the Reg AB Addendum.
Securitization Transfer. The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction. Seller: Each of the Company, Option One Owner Trust 2001-1A, Option One Owner Trust 2001-1B, Option One Owner Trust 2001-2, Option One Owner Trust 2002-3, Option One Owner Trust 2003-4 and Option One Owner Trust 2003-5, their respective successors in interest. Sellers: Collectively, the Company and the Sellers.
Securitization Transfer in this Reg AB Addendum; provided, however, that the requirement to provide an accountants' report pursuant to Section 6.05 of the Agreement shall be deemed satisfied with respect to any Reconstitution that occurs prior to, on or following the date hereof by providing an accountants' attestation that satisfies the requirements of Section 2.05(a)(ii) of this Reg AB Addendum. For purposes of this Reg AB Addendum, the term "Purchaser" shall refer to Morgan Stanley Mortgage Capital Inc. and its successors in intxxxxx axx xxxxgns. In addition, any notice or request that must be "in writing" or "written" may be made by electronic mail.
Securitization Transfer. As defined in Section 3.18.
Securitization Transfer. The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction. Seller: Accredited Home Lenders, Inc., a California corporation and its successors in interest.
Securitization Transfer. The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction. Seller: Household Finance Corporation, Household Bank f.s.b. and the sellers listed on Exhibit K hereto and their respective successors in interest. Servicer: Household Finance Corporation, and its successors in interest, or any successor to such servicer under the Interim Servicing Agreement, as therein provided.
Securitization Transfer. The sale or transfer of some or all of the Mortgage Loans to a trust or other issuing entity as part of a publicly issued, rated or unrated mortgage pass through or other mortgage backed securities transaction. Servicing Advances: All customary, reasonable and necessaryout of pocket” costs and expenses incurred in the performance by Countrywide of its servicing obligations, including the cost of (i) the preservation, restoration and protection of the Mortgaged Property, (ii) any enforcement or judicial proceedings, including foreclosures, (iii) the management and liquidation of the REO Property, and (iv) compliance with the obligations under this Agreement including Section 4.09.