Cross Collateralized Loan

Example Definitions of "Cross Collateralized Loan"
Cross Collateralized Loan. Any loan or interest therein constituting a part of Mortgage Collateral that is secured by collateral that also secures a loan or loans or interest therein that are not included in Mortgage Collateral. "Cross Collateralized Loan" also means a loan included in Specific Mortgage Collateral that is secured by collateral for another loan or loans that are not so included in Specific Mortgage Collateral or that are not Qualifying Collateral.
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