Wilshire Serviced Loans definition

Wilshire Serviced Loans. The Mortgage Loans identified as such on the Mortgage Loan Schedule.

Examples of Wilshire Serviced Loans in a sentence

• Excess Servicing Fee Rate: With respect to the Wilshire Serviced Loans, the excess, if any, of 0.50% over the “Wilshire Servicing Fee Rate” as defined in the Wilshire Letter Agreement.

• Class X-S Notional Amount: Immediately prior to any Distribution Date, with respect to the Class X-S Certificates, an amount equal to the Stated Principal Balance of the Ocwen Serviced Loans and Wilshire Serviced Loans as of the Due Date in the month of such Distribution Date (prior to giving effect to any Scheduled Payments due on such Mortgage Loans on such Due Date).