UPB definition

UPB means, with respect to any Mortgage Loan and as of any date, the unpaid principal balance of such Mortgage Loan as of such date.

Examples of UPB in a sentence

  • As soon as available and no later than five (5) days prior to the end of each Fiscal Quarter, the Company shall deliver, or cause to be delivered, to the Administrative Agent, a UPB roll forward and cash flow projection with respect to the Borrower’s Receivables for the following Fiscal Quarter.


More Definitions of UPB

UPB means, with respect to any Receivable, the unpaid principal balance of such Receivable owed by the related Obligor (inclusive of the Bank Partner Retained Percentage with respect to such Receivable), including, without limitation, to the extent such Receivable relates to a line of credit, any advances and disbursements to the related Obligor after the origination date pursuant to such line of credit.
UPB means the unpaid principal balance of any given Mortgage Loan.
UPB means, with respect to any Servicing Agreement, the aggregate unpaid principal balance of the underlying mortgage loans under such Servicing Agreement.
UPB. As to any Mortgage Loan and any date of determination, the unpaid principal balance of such Mortgage Loan as of such date.
UPB means unpaid principal balance. ​
UPB means, as of any date of determination, the aggregate amount of all unpaid principal balance of all of the Mortgage Loans underlying the Company’s Servicing Rights, excluding any Mortgage Loans that are New Jersey Housing Authority Mortgage Loans.