Group 4 Mortgage Loans definition

Group 4 Mortgage Loans. Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 4 Mortgage Loans.
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Group 4 Mortgage Loans. The Mortgage Loans in Loan Group 4.
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Group 4 Mortgage Loans. The Pool 3 Mortgage Loans.
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Examples of Group 4 Mortgage Loans in a sentence

  • In the literature, sharing a common currency lessens trading costs which leads to high volume of trade.

  • Moreover, because of the diverse remaining terms to maturity of the Group 4 Mortgage Loans, the Class specified above may not be reduced to its scheduled balances, even if prepayments occur at a constant rate within the Structuring Range specified above.

  • The Initial Effective Range set forth in the table below is based upon the assumed characteristics of the Group 4 Mortgage Loans specified in the Pricing Assumptions.Related Class Initial Effective RangePV Between 125% and 301% The actual Effective Range at any time will be based upon the actual characteristics of the Group 4 Mortgage Loans at such time, which are likely to vary (and may vary considerably) from the Pricing Assumptions.

  • It is highly unlikely that the Group 4 Mortgage Loans will prepay at any constant PSA rate.

  • Xxxxxx Mae shall pay all expenses incurred by it hereunder in connection with its servicing activities and shall not be entitled to reimbursement therefor out of proceeds of the Group 3 or Group 4 Mortgage Loans.

  • The Pass-Through Rate for the Class 4-A-2 Certificates for each Distribution Date following the Distribution Date in November 2008 will be a per annum rate equal to the weighted average of the Net Mortgage Rates on the Group 4 Mortgage Loans, weighted on the basis of the respective Scheduled Principal Balances, as of the first day of the related Interest Accrual Period (after taking into account scheduled payments of principal on that date), minus 0.749%.

  • Under certain circumstances, as described in the Sale and Servicing Agreement, the Servicer is obligated to repurchase certain Group 4 Mortgage Loans, the interest rates of which have been reduced.

  • The Pass-Through Rate for the Class 4-A-2 Certificates for each Distribution Date through and including the Distribution Date in November 2008 will be a per annum rate equal to the weighted average of the Net Mortgage Rates on the Group 4 Mortgage Loans, weighted on the basis of the respective Scheduled Principal Balances, as of the first day of the related Interest Accrual Period (after taking into account scheduled payments of principal on that date), minus 1.241%.

  • Xxxxxx Xxx shall service the Group 3 and Group 4 Mortgage Loans and shall have full power and authority to do or cause to be done any and all things in connection therewith as it may deem necessary or appropriate in its sole discretion, in its own name and right, and without disclosure of the existence or terms of this Trust Agreement.

  • An increase of approximately 7% in precipitation is anticipated in 2050.


More Definitions of Group 4 Mortgage Loans

Group 4 Mortgage Loans. The Mortgage Loans identified as such on the Mortgage Loan Schedule attached hereto as Exhibit B-4.
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Group 4 Mortgage Loans. The pool of mortgage loans backing the Group 4 Class, which pool shall be held in the Base Trust and identified in the Mortgage Asset Schedule.
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Group 4 Mortgage Loans. The Pool 1 Mortgage Loans contributing to Collateral Group 4.
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Related to Group 4 Mortgage Loans

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • Group III Mortgage Loans and "Group IV Mortgage Loans," respectively), formed by Wells Fargo Asset Securities Corporation (hereinafter called the "Depxxxxxr," which term includes any successor entity under the Agreement referred to below). The Trust Estate was created pursuant to a Pooling and Servicing Agreement dated as of February 27, 2006 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer") anx X.X. Bank National Association, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereinafter. To the extent not defined herein, the capitalized terms used herein have the meanings ascribed to such terms in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing on the first Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the Group I-A Distribution Amount for the Class I-A-11 Certificates required to be distributed to Holders of the Class I-A-11 Certificates on such Distribution Date, subject to adjustment in certain events as specified in the Agreement. Distributions in reduction of the Principal Balance of certain Classes of Class A Certificates may not commence on the first Distribution Date specified above. Distributions of principal will be allocated among the Classes of Group I-A Certificates in accordance with the provisions of the Agreement. The pass-through rate on the Class I-A-11 Certificates applicable to each Distribution Date will be 5.500% per annum. The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class I-A-11 Certificates, as described in the Agreement. Distributions on this Certificate will be made by the Paying Agent by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register, unless such Person is entitled to receive payments by wire transfer in immediately available funds in accordance with the Agreement and such Person has notified the Paying Agent pursuant to the Agreement that such payments are to be made by wire transfer of immediately available funds. Notwithstanding the above, the final distribution in reduction of the Principal Balance of this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency of the Paying Agent specified for that purpose in the notice of final distribution. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate constitutes a "regular interest" in a "real estate mortgage investment conduit" as those terms are defined in Section 860G(a)(1) and Section 860D, respectively, of the Internal Revenue Code of 1986, as amended. Unless this Certificate has been countersigned by an authorized officer of the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

  • Group I Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group I Mortgage Loans.

  • Group II Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group II Mortgage Loans.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a principal balance at origination that may or may not conform to Freddie Mac and Fannie Mae loxx xxxxts.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Class P Mortgage Loan Any of the Class I-P, Class II-P or Class III-P Mortgage Loans.

  • Mortgage Loan Group Either Group I or Group II.

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • Premium Mortgage Loan Any Group 1 Premium Mortgage Loan or Group 2 Premium Mortgage Loan.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.