The Mortgage Pool definition

The Mortgage Pool. The Originator" and "Pooling and Servicing Agreement--The Servicer" and, with respect to any private placement memorandum, any information of a comparable nature, or (ii) the data files containing information with respect to the Mortgage Loans as transmitted by modem to the Purchaser by the Responsible Party or any of its affiliates (as such transmitted information may have been amended in writing by the Responsible Party or any of its affiliates with the written consent of the Purchaser subsequent to such transmission), (b) any representation, warranty or covenant made by the Responsible Party or any affiliate of the Responsible Party herein or in the Pooling and Servicing Agreement, on which the Purchaser has relied, being, or alleged to be, untrue or incorrect or (c) any updated collateral information provided by any Underwriter to a purchaser of the Certificates derived from the data contained in clause (ii) and the Remittance Report or a current collateral tape obtained from the Responsible Party or an affiliate of the Responsible Party, including the current Stated Principal Balances of the Mortgage Loans; provided, however, that to the extent that any such losses, claims, expenses, damages or liabilities to which the Indemnified Party may become subject arise out of or are based upon both (1) statements, omissions, representations, warranties or covenants of the Seller described in clause (a), (b) or (c) above and (2) any other factual basis, the Seller shall indemnify and hold harmless the Indemnified Party only to the extent that the losses, claims, expenses, damages, or liabilities of the person or persons asserting the claim are determined to rise from or be based upon matters set forth in clause (1) above and do not result from the gross negligence or willful misconduct of such Indemnified Party. This indemnity shall be in addition to any liability that the Seller may otherwise have.
The Mortgage Pool. (except with respect to the information contained under the caption "The Mortgage Pool--Underwriting Standards") agrees with the records of the Seller and the information contained under the captions "The Mortgage Pool--Underwriting Standards" and "Pooling and Servicing Agreement-- The Master Servicer" agrees with the records of the Master Servicer; and
The Mortgage Pool agrees with the records of the Originator; and

Examples of The Mortgage Pool in a sentence

  • The Mortgage Pool was created pursuant to a Pooling and Servicing Agreement, dated as of the Cut-Off Date stated above (the "Pooling Agreement"), between the Company and State Street Bank and Trust Company, as Trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereafter.

  • The Company and the Underwriter acknowledge that the statements set forth under the headings "The Mortgage Pool," "Static Pool Information," "The Sponsor" or "The Servicer" in the Prospectus Supplement or "The Sponsor," "The Mortgage Loan Programs" or "Servicing of the Mortgage Loans," in the Prospectus constitute the only information furnished in writing by or on behalf of BANA for inclusion in the documents referred to in the foregoing indemnity.

  • The Mortgage Pool was created pursuant to a Pooling and Servicing Agreement, dated as of the Cut-Off Date stated above (the "Pooling Agreement"), between the Depositor, ABN AMRO Mortgage Group, Inc., as Servicer (the "Servicer"), and JPMorgan Chase Bank, as Trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereafter.

  • Deloitte & Touche LLP will review the characteristics of a sample of the Mortgage Loans described in the Final Mortgage Loan Schedule and will compare those characteristics to the description of the Mortgage Loans contained in the Prospectus Supplement under the captions "Summary--The Mortgage Loans" and "The Mortgage Pool" and in Schedule A thereto.

  • The Mortgage Pool was created pursuant to a Pooling and Servicing Agreement, dated as of the Cut-Off Date stated above (the "Pooling Agreement"), between the Depositor, LaSalle Home Mortgage Corporation, as Servicer (the "Servicer"), and Chase Bank of Texas, National Association, as Trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereafter.


More Definitions of The Mortgage Pool

The Mortgage Pool agrees with the records of the Seller;
The Mortgage Pool. The Series 1999-10 Certificates shall evidence the entire beneficial ownership interest in a mortgage pool (the "Mortgage Pool") of conventional, fixed-rate, first-lien, fully-amortizing, one- to four-family residential mortgage loans (the "Mortgage Loans") having the following characteristics as of April 1, 1999 (the "Cut-off Date"): Aggregate Principal Amount of the Mortgage Pool: $191,500,967 aggregate principal balance as of the Cut-off Date, subject to a permitted variance such that the aggregate original Certificate Principal Balance will be not less than $180,500,000 or greater than $199,500,000.
The Mortgage Pool and "The Mortgage Loan Seller" agrees with the records of the Seller;
The Mortgage Pool. (except with respect to the information contained under the caption "The Mortgage Pool--Underwriting Standards of the Originators and Representations Concerning the Mortgage Loans") agrees with the records of the Seller;
The Mortgage Pool and "The Originator" is true and accurate and does not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.
The Mortgage Pool. (except with respect to the information contained under the caption "The Mortgage Pool--Underwriting Standards") agrees with the records of the Seller and the information contained under the captions "The Mortgage Pool--Underwriting Standards" and "Pooling and Servicing Agreement-- The Originator" agrees with the records of the Originator;
The Mortgage Pool. (except with respect to the information contained under the caption "The Mortgage Pool--New Century Underwriting Programs") and "Pooling and Servicing Agreement--Option One Mortgage Corporation" agrees with the records of the Originator;