Whole Loans definition

Whole Loans means Mortgage Loans that are sold or intended to be sold to investors as whole loans, instead of being part of a pool from which MBS are to be created and sold.

Whole Loans means Mortgage Loans or participations therein, purchased or to be purchased by the Trustee which are neither securitized nor to be securitized into a Certificate.

Whole Loans has the meaning given to such term in the definition of “Eligible Loans”.

Examples of Whole Loans in a sentence

• All Revenues with respect to Certificates, Whole Loans, or Investment Securities held in the Funds, Accounts, or Subaccounts established for a Series shall be deemed to “correspond” to that Series.

• Amounts in each Series Acquisition Account will be applied by the Trustee to finance the acquisition of Whole Loans or Certificates, including participations in such Whole Loans or Certificates or for transfer to the corresponding Series General Receipts Subaccount, in accordance with the Acquisition and Operating Policy applicable to that Series of Bonds.

• According to this presentation, the three business units of GREG were Commercial Whole Loans and CMBS (which were referred to as “Commercial”), PTG and Real Estate Advisory.

• Before the acquisition of Certificates or Whole Loans, amounts in each Series Acquisition Account will be invested in accordance with the provision of the applicable Series Indenture or Remarketing Indenture.

• Commitment Fees, Servicing Acquisition Fees, Extension Fees or similar Revenues to be received in connection with acquisition of Certificates or Whole Loans shall be deposited to the Acquisition Fund or the Revenue Fund in accordance with the applicable Acquisition and Operating Policy.

More Definitions of Whole Loans

Whole Loans means the Mortgage Loans and any collateral, insurance, guaranty or other credit support arrangement related thereto.

Whole Loans means whole commercial mortgage loans held by Grantor as permitted under the Investment Guidelines and deposited into the Trust Accounts, which, for the avoidance of doubt, (a) shall include Participated Whole Loans and Co-Lending Assets held by Grantor, and (b) shall not include any Participation Assets.

Whole Loans means loans where a mortgage and the underlying credit risk is owned and held on the balance sheet of the entity with all ownership rights.

Whole Loans means direct investments in whole residential mortgage loans, as opposed to investments in CMOs or other structured products that are backed by such loans.

Whole Loans means the Mortgage Loans and any collateral, insurance, guaranty or other credit support arrangement related thereto. Section 1.2 Interpretation. For purposes of this Agreement:

Whole Loans means loans where a mortgage and the underlying credit risk is owned

Whole Loans means Mortgage Loans that meet all of the Federal Eligibility Requirements and the requirements of the Board to qualify for the mortgage revenue bond program, but are not securitized into an MBS, and are purchased and held by the Board.