Examples of Special Loan in a sentence

For specific guidance related to eligibility, underwriting and administration of Special Loan Servicing, servicers should consult the final rule published by RHS (75 Fed.
RHS announced Special Loan Servicing to provide assistance to borrowers with Single Family Housing Guaranteed Loan Program loans who are unable to meet their mortgage payments.
RD- HAMP provides pay-for-performance compensation for borrowers and pay-for-successcompensation for servicers for RHS-guaranteed first lien Non-GSE Mortgages that are modified under Special Loan Servicing on or after September 24, 2010.
Draft August Executive Committee MinutesUs TOO International Executive CommitteeMinutes, August 13, 2014 ATTENDEES: Todd Ahrens, Tom Kirk, Jeff Mills, Jim Rieder, Bill Seidel1.
Prior to modifying a loan using RD Special Loan Servicing, the servicer must have the borrower complete a trial period during which the borrower makes the monthly mortgage payment they would make under the modified mortgage.

More Definitions of Special Loan

Special Loan. As described in Section 4.6.

Special Loan means a (i) Xxxxxx Xxx Non-Traditional Loan or (ii) New Construction One-Time Close Loan.

Special Loan means a Loan where the original principal amount of such Loan exceeded 100% of the purchase price of the Hotel securing such Loan.

Special Loan means, in respect of each Partner, the amount of money advanced from time to time as a loan by that Partner to the Partnership pursuant to the provisions of section 2.20, together with accrued and unpaid interest thereon, if any;

Special Loan means a loan granted by the Authority to an ineligible person;

Special Loan has the meaning set forth in the definition of “Loan.”