Xxxxxxx Mac Mortgage Loan definition

Xxxxxxx Mac Mortgage Loan. A Mortgage Loan underwritten in accordance with the guidelines of Xxxxxxx Mac described in the Xxxxxxx Mac Guide.
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Xxxxxxx Mac Mortgage 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 Mortgage Loan means a mortgage loan underwritten in accordance with the guidelines of Xxxxxxx Mac described in the Xxxxxxx Mac Guide and to be either delivered directly into a Xxxxxxx Mac security or otherwise sold directly to Xxxxxxx Mac through its cash window.
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Examples of Xxxxxxx Mac Mortgage Loan in a sentence

  • The Fulfillment Fee with respect to each Mortgage Loan other than a Xxxxxx Mae Mortgage Loan or Xxxxxxx Mac Mortgage Loan shall be due and payable by the Company as follows: (a) the product of 0.35% and the aggregate unpaid principal balance of such Mortgage Loan upon the funding of such Mortgage Loan or within thirty (30) days thereof, and (b) the product of 0.50% and (ii) the aggregate unpaid principal balance of such Mortgage Loan upon the sale of such Mortgage Loan or within thirty (30) days thereof.

  • The Fulfillment Fee with respect to each Xxxxxx Mae Mortgage Loan and Xxxxxxx Mac Mortgage Loan shall be due and payable by the Company upon the funding of such Mortgage Loan or within thirty (30) days thereof.

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

  • The Borrower shall not acquire, form, or otherwise invest in a Subsidiary (other than PWF and the PWF Subsidiaries) which engages in Xxxxxx Mae or Xxxxxxx Mac Mortgage Loan purchasing, origination or servicing.

  • Each Fannie Mortgage Loan is saleable to Xxxxxx Xxx and each Xxxxxxx Mac Mortgage Loan is saleable to Freddie Mac, in either case, on a non-recourse basis.


More Definitions of Xxxxxxx Mac Mortgage Loan

Xxxxxxx Mac Mortgage Loan. A Mortgage Loan included in a Xxxxxxx Mac Pool.
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Xxxxxxx Mac Mortgage Loan means the mortgage loans underlying Xxxxxxx Mac MSRs, which shall be identified as “Xxxxxxx Mac Mortgage Loans” on the applicable Schedule of Assets.
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Xxxxxxx Mac Mortgage Loan means a permanent loan on a Property originated under, and underwritten to the permanent loan standards of, Xxxxxxx Mac as described in the Xxxxxxx Mac Multifamily Seller/Servicer Guide, as amended, supplemented and/or restated from time to time.
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Xxxxxxx Mac Mortgage Loan. A mortgage loan with respect to which Xxxxxxx Mac owns the beneficial interest therein or 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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Xxxxxxx Mac Mortgage Loan. Each Mortgage Loan identified on the Mortgage Loan Schedule as a “Xxxxxxx Mac Mortgage Loan.”
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Xxxxxxx Mac Mortgage Loan. With respect to any Xxxxxxx Mac Participation Certificate or any Xxxxxxx Mac Security, a mortgage loan that is in Strict Compliance with the eligibility requirements specified for the applicable Xxxxxxx Mac Program described in the Xxxxxxx Mac Guide.
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Xxxxxxx Mac Mortgage Loan. A Mortgage Loan sold by the Owner to Xxxxxxx Mac in accordance with the guidelines of Xxxxxxx Mac described in the Xxxxxxx Mac Guide and the other Xxxxxxx Mac Purchase Documents pertaining to Xxxxxxx Mac Seller Servicer Numbers _____..
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