Xxxxxxx Mac Loan definition

Xxxxxxx Mac Loan means a mortgage loan that is in Strict Compliance on the related Purchase Date with the eligibility requirements specified for the applicable Xxxxxxx Mac Program described in the Xxxxxxx Mac Guide.
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Xxxxxxx Mac Loan means a permanent Mortgage Loan on a Multifamily Property or other Mortgaged Property originated in compliance with Xxxxxxx Mac’s Program Plus Guide or shared risk program.
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Xxxxxxx Mac Loan means a Loan that meets the Xxxxxxx Mac Guidelines.
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Examples of Xxxxxxx Mac Loan in a sentence

  • The Seller shall assure that the Buyer has access to the Xxxxxxx Mac Loan Prospector (LP) Xxxxxx Xxx DeskTop Underwriting (DU) to confirm the approved status of the Mortgage Loans under such programs; provided that LP and DU are not used for Mortgage Loans that are part of the “VA IRRRL”or “FHA Streamline” programs.

  • The Seller shall assure that the Buyer has access to the Xxxxxxx Mac Loan Prospector (LP) Xxxxxx Mae DeskTop Underwriting (DU) to confirm the approved status of the Mortgage Loans under such programs; provided that LP and DU are not used for Mortgage Loans that are part of the “VA IRRRL” or “FHA Streamline” programs.

  • Xxxxxxx Mac Loan # Cutoff Date LTV Trustee Loan # Current Appraised Value Control # Cutoff NOI DSCR Special Servicing Date Cutoff NCF DSCR Current SPB Cutoff NCF Debt Yield Maturity Date Cutoff Date Cap Rate IO Period Current Est.

  • Notwithstanding the foregoing, Tenant may, without Landlord’s prior written consent (but not without Xxxxxxx Mac’s consent, so long as any amounts remain outstanding under the terms of the Xxxxxxx Mac Loan Documents, or Successor Landlord’s consent.

  • Each Xxxxxx Xxx Mortgage Loan is an Eligible Xxxxxx Xxx Loan and each Xxxxxxx Mac Mortgage Loan is an Eligible Xxxxxxx Mac Loan.

  • Pool ID Xxxxxxx Mac Loan # Trustee Loan # Control # Special Servicing Date Current SPB Maturity Date IO Period Amortization Mortgage Coupon Rate Annual Debt Service Cutoff Date Value Cutoff Date LTV Current Appraised Value Cutoff NOI DSCR Cutoff NCF DSCR Cutoff NCF Debt Yield Cutoff Date Cap Rate Current Est.

  • Each Xxxxxx Mae Mortgage Loan is an Eligible Xxxxxx Xxx Loan and each Xxxxxxx Mac Mortgage Loan is an Eligible Xxxxxxx Mac Loan.

  • The Seller shall assure that the Buyer has access to the Xxxxxxx Mac Loan Prospector (LP) Xxxxxx Xxx DeskTop Underwriting (DU) to confirm the approved status of the Mortgage Loans under such programs; provided that LP and DU are not used for Mortgage Loans that are part of the “VA IRRRL” or “FHA Streamline” programs.


More Definitions of Xxxxxxx Mac Loan

Xxxxxxx Mac Loan. A mortgage loan (fixed or ARM) (a) with respect to which Xxxxxxx Mac owns the beneficial interest therein or (b) that serves as collateral for mortgage-backed securities on which the payment of principal and interest is guaranteed by Xxxxxxx Mac.
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Related to Xxxxxxx Mac Loan

  • Xxxxxxxx Loan means a Subsidized Xxxxxxxx Loan or an Unsubsidized Xxxxxxxx Loan.

  • Xxxxxxx Mac The Federal Home Loan Mortgage Corporation, or any successor thereto.

  • Subsidized Xxxxxxxx Loan means a Loan for which the interest rate is governed by Section 427A(a) or 427A(d) of the Higher Education Act.

  • Fxxxxxx Mac The Federal Home Loan Mortgage Corporation, or any successor thereto.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Xxxxxx Mae The Government National Mortgage Association, or any successor thereto.

  • Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.

  • Xxxxxxx Mac Guide The Xxxxxxx Mac Single Family Seller/Servicer Guide and all amendments or additions thereto.

  • Commercial loan means a loan that is not made primarily for

  • Xxxxx Fargo means Xxxxx Fargo Bank, National Association, a national banking association.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • CD Loan means a Committed Loan to be made by a Bank as a CD Loan in accordance with the applicable Notice of Committed Borrowing.

  • Xxxxxxx Family means Xxxxx X. Xxxxxxx, Xxxxx X. Xxxxxxx, Xx., Xxxxxx Xxxxxxx, Xxxx Xxxxxxx and the members of their Families.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Fxxxxx Mae The Federal National Mortgage Association, or any successor thereto.

  • Loan Origination Fee means the fee charged by the

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • Xxxxx Fargo Fee Letter means the letter agreement, dated June 19, 2013 among the Company, Xxxxx Fargo Bank, N.A. and Xxxxx Fargo Securities, LLC.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • FHA Loan means a Mortgage Loan which is the subject of an FHA Mortgage Insurance Contract.

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • Fraud Loan A Liquidated Mortgage Loan as to which a Fraud Loss has occurred.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Commercial Mortgage Loan means a loan secured by a Lien on improved real estate used for commercial purposes.

  • Total Loan Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.