Stated Principal Balance. The unpaid principal balance of the Mortgage Loans at the related Cut-off Date, after application of scheduled payments of principal due on or before the Cut-off Date, whether or not collected.
Appears in 4 contracts
Sources: Assignment, Assumption and Recognition Agreement (HSI Asset Securitization CORP Trust 2007-He1), Assignment, Assumption and Recognition Agreement (HASCO Trust 2007-He2), Assignment, Assumption and Recognition Agreement (HSI Asset Securitization CORP Trust 2007-Nc1)