Ninety Days Delinquent

Example Definitions of "Ninety Days Delinquent"
Ninety Days Delinquent. With respect to a Mortgage Loan, when three (3) regularly scheduled monthly Mortgage Loan payments are due and unpaid. By way of example: A Mortgage Loan due and unpaid for the April 2007 payment as of the Sale and Transfer Date
Found in NETBANK INC contract
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