Servicing Acquisition definition

Servicing Acquisition means an acquisition permitted under this Agreement of MSRs, Servicing Advances or servicing rights.
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Servicing Acquisition means a transaction in which a Borrower acquires Fannie Mae DUS Servicing Contracts or Ginnie Mae Servicing Contracts xx a bulk purchase.
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Servicing Acquisition has the meaning specified in Section 6.07(e).
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Examples of Servicing Acquisition in a sentence

  • Commitment Fees, Servicing Acquisition Fees, Extension Fees or similar Revenues to be received in connection with acquisition of Certificates or Whole Loans shall be deposited to the Acquisition Fund or the Revenue Fund in accordance with the applicable Acquisition and Operating Policy.

  • Commitment Fees, Servicing Acquisition Fees, Extension Fees or similar Revenues to be received in connection with acquisition of Certificates or Whole Loans shall be deposited to the Acquisition Fund or the Revenue Fund in accordance with the Acquisition and Operating Policy.

  • Continued) Fluent Servicing Acquisition (Continued) Price Guarantees are recorded as a liability measured at fair value on the consolidated statement of financial position.

  • DERIVATIVE LIABILITY (Continued) (a) Equity Price Guarantees (Continued) Fluent Servicing Acquisition (Continued) During the three and six months ended June 30, 2020, the Company recorded a (gain) loss of ($640) and $850 on revaluation of the Equity Price Guarantee derivative liability, respectively.

  • Servicing Acquisition Divisions (i.e. EAD, WAD, SSAD, SIAD) are responsible for ensuring compliance with the mandatory use of ProTech for all of NOAA’s professional and technical service requirements.

  • State the impact, if any, of such escrow account arrangement in the Servicing Acquisition Fee bids you propose (in your response to 4.3.9, below) to pay OHFA for the portfolio servicing rights.

  • Government issued regulations in April about Public Health complaints.

  • Mortgage Loan Discount, Purchase Price and Servicing Acquisition The Issuer will make or purchase each Mortgage Loan based on the option selected by the mortgagor as described in the following table and based upon the outstanding principal balance plus unpaid accrued interest to the date of funding or purchase.

  • Fluent Servicing Acquisition In connection with the acquisition of the remaining interest of Fluent Servicing performed on August 15, 2018, the Company issued 4,400,000 of shares of Cansortium Inc valued at $2.75 dollars per unit subject to a price floor of $2.75 (“Equity Price Guarantee”).


More Definitions of Servicing Acquisition

Servicing Acquisition means a transaction in which Borrower acquires Servicing Contracts in a bulk purchase.
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Servicing Acquisition means a transaction in which the Borrowers acquire Nonrecourse Servicing Contracts with respect to Multi-family Mortgage Loans in a bulk purchase, to the extent that the Lender makes a Servicing Acquisition Advance to finance a part of the cost of the Borrowers' acquisition of such Servicing Contracts.
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Servicing Acquisition means a transaction in which the Company acquires the right to service Mortgage Loans in bulk from one or more Persons, provided that not less than eighty percent (80%) of the outstanding principal balance of such Mortgage Loans are Single- Family Mortgage Loans.
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Servicing Acquisition means the acquisition of a portfolio of Servicing Rights by a Borrower.
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Servicing Acquisition means a transaction in which the Borrowers --------------------- acquire (a) Nonrecourse Servicing Contracts with respect to Multifamily Mortgage Loans, Health Care Mortgage Loans and/or Commercial Mortgage Loans in a bulk purchase, (b) all of the issued and outstanding capital stock (and, if applicable, securities convertible into or other rights to acquire such capital stock) of a corporation (or equivalent interests in a limited liability company, partnership or other entity) that owns, as its primary asset, such Nonrecourse Servicing Contracts, or (c) all or substantially all of the assets of such a corporation or other entity.
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Servicing Acquisition means an acquisition permitted hereunder of MSRs, Servicing Advances or servicing rights.
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Related to Servicing Acquisition

  • REO Acquisition The acquisition by the Master Servicer on behalf of the Trustee for the benefit of the Certificateholders of any REO Property pursuant to Section 3.14.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Specified Acquisition means one or more acquisitions of assets or entities or operating lines or divisions in any rolling 12-month period for an aggregate purchase price of not less than $50,000,000.

  • Business Acquisition means the acquisition, by purchase or otherwise, of all or substantially all of the assets (or any part of the assets constituting all or substantially all of a business or line of business) of any Person, whether such acquisition is direct or indirect, including through the acquisition of the business of, or Capital Stock of, such Person.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Permitted Acquisition means any non-hostile acquisition, whether by purchase, merger or otherwise, of all or substantially all of the assets of, or 50% or more of the voting capital stock of, or a business line or a division of, any Person; provided that:

  • Wholesale acquisition cost means the same as that term is defined in 42 U.S.C. Sec. 1395w-3a.

  • business acquisition report means a completed Form 51-102F4 Business Acquisition Report;

  • Asset Sale Agreement means that certain Asset Sale Agreement between Buyer and Seller, dated as of the date hereof.

  • Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of the Closing Date, between the Seller, the Issuer, the Servicer and the Indenture Trustee, as the same may be amended, modified or supplemented from time to time.

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Qualified Acquisition means any acquisition of either or both the capital stock or assets of any Person or Persons (or any portion thereof), or the last to occur of a series of such acquisitions consummated within a period of six consecutive months, if the aggregate amount of Indebtedness incurred by one or more of the Company and its Subsidiaries to finance the purchase price of, or assumed by one or more of them in connection with the acquisition of, such stock and property is at least $100,000,000.

  • Servicing Arrangement is defined in Section 11.06(b).

  • Land acquisition means the taking of or alienation of land, buildings or other assets thereon for purposes of the Project.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

  • Make-Whole Acquisition means the occurrence, prior to any Conversion Date, of one of the following:

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Servicing Transfer Date The date on which a Servicing Transfer occurs.

  • 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.

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Substitute Servicing Agreement means a servicing agreement that contains servicing provisions which are the same as or more favorable to the Non-Lead Noteholders, in substance, to those in the Servicing Agreement (including, without limitation, all applicable provisions relating to delivery of information and reports necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities Exchange Act of 1934, as amended) and all references herein to the “Servicing Agreement” shall mean such subsequent servicing agreement; provided, however, that if a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have been obtained from each Rating Agency with respect to such subsequent servicing agreement.