Weighted Average Mortgage Rate definition
Weighted Average Mortgage Rate. With respect to any Distribution Date, the weighted average of the Mortgage Rates of the Mortgage Loans (weighted by the Principal Balances of the Mortgage Loans).
Weighted Average Mortgage Rate. With respect to any Distribution Date, the weighted average of the Mortgage Rates of the Mortgage Loans (weighted by the Principal Balances of the Mortgage Loans). * June 2005 for single-letter interests (i.e. A10) and March 2006 for double-letter interests (i.e. AA10). Unless this certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”), to the Trust or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the name of Cede & Co. or in such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein. (This certificate does not represent an interest in, or an obligation of, nor are the underlying Mortgage Loans insured or guaranteed by, NovaStar Mortgage, Inc., NovaStar Mortgage Funding Corporation, NovaStar Financial, Inc., NovaStar Capital, Inc. or any of their subsidiaries and affiliates. This certificate is comprised of a Certificate representing a fractional ownership interest in distributions in certain Accounts created pursuant to the Pooling and Servicing Agreement and certain other rights relating thereto and is payable only from amounts received by the Trustee relating to the Mortgage Loans and other assets held in the Trust Fund.)
Weighted Average Mortgage Rate. For each Loan Group, the average of the Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance.
Examples of Weighted Average Mortgage Rate in a sentence
With respect to each Class of Class AR5 Certificates and each Distribution Date, the Class AR5 Net Weighted Average Mortgage Rate.
N/A 5% Weighted Average Mortgage Rate............................
More Definitions of Weighted Average Mortgage Rate
Weighted Average Mortgage Rate. With respect to any Distribution Date, the weighted average of the Mortgage Rates of the Mortgage Loans (weighted by the Principal Balances of the Mortgage Loans). As to each item described below, the entity indicated as the Responsible Party shall be primarily responsible for reporting the information to the party identified as responsible for preparing the Securities Exchange Act Reports pursuant to Section [ ] of the Pooling and Servicing Agreement. Under Item 1 of Form 10-D: a) items marked “[ ] statement” are required to be included in the periodic reports prepared by the Trustee under Section [ ] of the Pooling and Servicing Agreement, provided by the Trustee based on information received from the Servicer; and b) items marked “Form 10-D report” are required to be in the Form 10-D report but not the [ ] statement, provided by the party indicated. Information under all other Items of Form 10-D is to be included in the Form 10-D report. All such information and any other Items of Form 8-K and Form 10-K set forth in this exhibit shall be sent to the Trustee and the Depositor. 1 Distribution and Pool Performance Information
Weighted Average Mortgage Rate. At least 7.42% II. First Lien Mortgage Loans 100% III. WALTV of all Group II Mortgage Loans: Less than 82% IV. Weighted Average Margin of all Mortgage Loans: Not less than 6.10% V. Owner occupied Mortgaged Properties: At least 96% VI. Full Documentation At least 70% VII. Single state concentration: Less than 50% VIII. Single-family: At least 71 % IX. Weighted average remaining term: Not to exceed 360 months X. Weighted average FICO score: At least 630 XI. Weighted average debt-to-income ration: Less than 44%
Weighted Average Mortgage Rate. At least 7.28% II. First Lien Mortgage Loans 100% III. WALTV of all Group I Mortgage Loans: Less than 79% IV. Owner occupied Mortgaged Properties: At least 94% V. Full Documentation At least 78% VI. Single state concentration: Less than 45% VII. Single-family: At least 82% VIII. Weighted average remaining term: Not to exceed 320 months IX. Weighted average FICO score: At least 648 X. Weighted average debt-to-income ration: Less than 42%
Weighted Average Mortgage Rate. At least 7.42% II. First Lien Mortgage Loans 100% III. WALTV of all Group I Mortgage Loans: Less than 83% IV. Weighted Average Margin of all Mortgage Loans: Not less than 6.10% V. Owner occupied Mortgaged Properties: At least 96% VI. Full Documentation At least 72% VII. Single state concentration: Less than 50% VIII. Single-family: At least 76% IX. Weighted average remaining term: 360 months X. Weighted average FICO score: At least 630 XI. Weighted average debt-to-income ration: Less than 44% EXHIBIT H FORM OF SUBSEQUENT TRANSFER INSTRUMENT Pursuant to this Subsequent Transfer Instrument (the "Instrument"), dated as of ____________ __, 2002, between Accredited Home Lenders, Inc. as Sponsor (the "Sponsor"), and Accredited Home Capital, Inc. (the "Seller"), and pursuant to the Master Sale and Purchase Agreement, dated as of December 29, 2001 (the "Master Sale and Purchase Agreement"), between the Sponsor and the Seller, the Sponsor and the Trust agree to the sale by the Sponsor and the purchase by the Seller of the subsequent Mortgage Loans listed on the attached Mortgage Loan Schedule (the "Subsequent Mortgage Loans") and the related assets. Capitalized terms used and not defined herein have their respective meanings as set forth in the definitions contained in the appendix to the Sale and Servicing Agreement, which definitions are incorporated by reference herein. All other capitalized terms used herein shall have the meanings specified herein.
Weighted Average Mortgage Rate. For each Loan Group, a per annum rate equal to the average of the Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the end of the Prepayment Period related to the immediately preceding Distribution Date.
Weighted Average Mortgage Rate. With respect to any Distribution Date, the weighted average of the Mortgage Rates of the Mortgage Loans (weighted by the Principal Balances of the Mortgage Loans as of the first day of the related Due Period (after giving effect to scheduled payments of principal due prior to such date, to the extent received or advanced, and unscheduled collections of principal received prior to such date)). III-A 5.0975% March 2008 III-B 5.0150% March 2008 III-C 5.2550% April 2008 III-D 0.2170% April 2008 III-E 0.2290% April 2008 III-F 0.2350% April 2008 III-G 0.2175% May 2008 III-H 0.2200% May 2008 III-K 0.2290% May 2008 III-L 5.0025% March 2009 III-M 0.3200% April 2009 III-O 0.3290% April 2009 III-Q 0.3175% May 2009 III-S 0.3300% May 2009 July 2006 0.00 August 2006 0.00 September 2006 0.00 October 2006 0.00 November 2006 0.00 December 2006 0.00 January 2007 0.00 February 2007 0.00 March 2007 0.00 April 2007 0.00 May 2007 0.00 June 2007 0.00 July 2007 0.06 August 2007 0.06 September 2007 0.06 October 2007 0.06 November 2007 0.06 December 2007 0.06 January 2008 0.09 February 2008 0.10 March 2008 0.10 April 2008 0.11 May 2008 0.11 June 2008 0.11 July 2008 0.13 August 2008 0.14 September 2008 0.15 October 2008 0.17 November 2008 0.18 December 2008 0.19 January 2009 0.19 February 2009 0.20 March 2009 0.22 April 2009 0.23 May 2009 0.24 June 2009 0.25 July 2009 0.23 August 2009 0.25 September 2009 0.27 October 2009 0.28 November 2009 0.30 December 2009 0.32 January 2010 0.27 February 2010 0.28 March 2010 0.30 April 2010 0.31 May 2010 0.33 June 2010 0.35 July 2010 0.29 August 2010 0.30 September 2010 0.46 October 2010 0.33 November 2010 0.35 December 2010 0.36 January 2011 0.30 February 2011 0.31 March 2011 0.33 April 2011 0.34 May 2011 0.36 June 2011 0.37 July 2011 0.25 August 2011 0.26 September 2011 0.27 October 2011 0.28 November 2011 0.30 December 2011 0.31 January 2012 0.20 February 2012 0.21 March 2012 0.22 April 2012 0.23 May 2012 0.24 June 2012 0.25 July 2012 0.13 August 2012 0.14 September 2012 0.14 October 2012 0.15 November 2012 0.16 December 2012 0.16 January 2013 0.08 February 2013 0.08 March 2013 0.09 April 2013 0.09 May 2013 0.09 June 2013 0.10 July 2013 0.01 August 2013 0.01 September 2013 0.01 October 2013 0.02 November 2013 0.02 December 2013 0.02 January 2014 0.02 February 2014 0.02 March 2014 0.02 April 2014 0.02 May 2014 0.02 June 2014 0.02 July 2014 0.02 August 2014 0.02 September 2014 0.02 October 2014 0.02 November 2014 0.02 December 2014 0.03 January ...
Weighted Average Mortgage Rate. With respect to any Distribution Date, the weighted average of the Mortgage Rates of the Mortgage Loans (weighted by the Principal Balances of the Mortgage Loans). Unless this certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”), to the Trust or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the name of Cede & Co. or in such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein. (This certificate does not represent an interest in, or an obligation of, nor are the underlying Mortgage Loans insured or guaranteed by, NovaStar Mortgage, Inc., NovaStar Mortgage Funding Corporation, NovaStar Financial, Inc., NovaStar Capital, Inc. or any of their subsidiaries and affiliates. This certificate is comprised of a Certificate representing a fractional ownership interest in distributions in certain Accounts created pursuant to the Pooling and Servicing Agreement and certain other rights relating thereto and is payable only from amounts received by the Trustee relating to the Mortgage Loans and other assets held in the Trust Fund.)