SMMEA Eligibility. It is not anticipated that any of the Offered Certificates will be SMMEA eligible.
SMMEA Eligibility. It is anticipated that the Class A-2 and Class M-1 Certificates will be SMMEA eligible.
SMMEA Eligibility. The Notes will NOT constitute "mortgage-related securities" for purposes of SMMEA.
Examples of SMMEA Eligibility in a sentence
SMMEA Eligibility: The Offered Certificates are not expected to constitute "mortgage related securities" for purposes of SMMEA.
SMMEA Eligibility: The Certificates will NOT constitute "mortgage related securities" for purposes of SMMEA.
SMMEA Eligibility: The Offered Certificates will not be SMMEA eligible.
SMMEA Eligibility: The Notes will NOT constitute "mortgage-related securities" for purposes of SMMEA.
We require all leaders to attend ministry-specific induction training We require all leaders to attend additional ministry-specific department training as required by individual departments.
More Definitions of SMMEA Eligibility
SMMEA Eligibility. The Senior Certificates and the Class B1 Certificates will be SMMEA eligible.
SMMEA Eligibility. The Certificates will NOT constitute "mortgage-related securities" for purposes of SMMEA.
SMMEA Eligibility. The Certificates will NOT constitute "mortgage-related securities" for purposes of SMMEA. FORM OF OFFERING: Book-Entry form, same-day funds through DTC, Euroclear, and CEDEL. DENOMINATIONS: Minimum denominations of $25,000 and multiples of $1,000 thereafter. HOME EQUITY LOANS: - First lien, fixed and adjustable rate mortgage loans. - 1-4 Family residential properties, condominium units and manufactured homes. - A substantial percentage of the loans do not conform to FNMA or FHLMC underwriting standards or to those standards typically applied by banks or other lending institutions, particularly with regard to a borrower's credit history. - Approximately 91.34% (by Statistical Calculation Date aggregate principal balance) of the Home Equity Loans bear prepayment premiums.
SMMEA Eligibility. It is anticipated that the Class A-2, Class A-3, Class A-4, Class A-5, Class A-6 and Class A-7 Certificates will be SMMEA eligible.
SMMEA Eligibility. The Certificates will NOT constitute "mortgage-related securities" for purposes of SMMEA. DENOMINATIONS: Minimum denominations of $25,000 and multiples of $1 thereafter. -------------------------------------------------------------------------------- THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A DISCLAIMER, PLEASE CONTACT YOUR PAINEWEBBER INCORPORATED FINANCIAL ADVISOR IMMEDIATELY. -------------------------------------------------------------------------------- Xxxxx Xxxxxx -------------------------------------------------------------------------------- NEW SOUTH HOME EQUITY TRUST 1999-2 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE INFORMATION CONTAINED IN THE PROSPECTUS SUPPLEMENT -------------------------------------------------------------------------------- DESCRIPTION OF SECURITIES (CONTINUED) CREDIT ENHANCEMENT: Credit enhancement for the Senior Certificates will be provided by the following: (a) excess spread, (b) overcollateralization/subordination, and (c) the Financial Guaranty Insurance Policy.
SMMEA Eligibility. The Senior Certificates and the Class M1 Certificates will be SMMEA eligible. ERISA Eligibility: The Senior and Subordinate Certificates are expected to be ERISA eligible. Trigger Event:
SMMEA Eligibility. It is anticipated that all of the Offered Certificates will be SMMEA eligible. Prospectus: The Class A-2, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates are being offered pursuant to a prospectus supplemented by a prospectus supplement (together, the "Prospectus"). Complete information with respect to the Offered Certificates and the collateral securing them is contained in the Prospectus. The information herein is qualified in its entirety by the information appearing in the Prospectus. To the extent that the information herein is inconsistent with the Prospectus, the Prospectus shall govern in all respects. Sales of the Offered Certificates may not be consummated unless the purchaser has received the Prospectus. PLEASE SEE "RISK FACTORS" IN THE PROSPECTUS FOR A DESCRIPTION OF INFORMATION THAT SHOULD BE CONSIDERED IN CONNECTION WITH AN INVESTMENT IN THE OFFERED CERTIFICATES.