GNMA Haircut Amount

Example Definitions of "GNMA Haircut Amount"
GNMA Haircut Amount. Means, with respect to a Simultaneously Funded Early Buyout Loan, an amount equal to (i) the amount due to GNMA to repurchase such Mortgage Loan from GNMA less (ii) the Purchase Price for such Mortgage Loan
Found in loanDepot, Inc. contract
All Definitions