Servicing Assets definition

Servicing Assets. As defined in Section 5.4(c)(i)(A).

Servicing Assets. As defined in Section 2.05(b) hereof.

Servicing Assets means the personnel, equipment, facilities (or leases relating thereto) and other assets required to operate as a residential mortgage loan servicer that are currently being utilized by the Applicable Servicer

Examples of Servicing Assets in a sentence

• Existing SLM Holdco shall cause SMI to contribute, assign, transfer, convey and deliver to Private ServiceCo, and Private ServiceCo shall accept, from SMI, all of the direct or indirect right, title and interest in and to all of the Private Loan Servicing Assets.

• AND SUBSIDIARY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS, CONTINUED (16) FAIR VALUE OF FINANCIAL INSTRUMENTS, CONTINUED Servicing Assets and Interest-Only Strips Receivable ---------------------------------------------------- The fair value of servicing assets and interest-only strips receivable is estimated by discounting future net servicing income over the estimated life of the related loan adjusted for changes in prepayment speeds of the related loans.

• Servicing Assets: Servicing assets represent the allocated value of retained servicing rights on loans sold.

• Mortgage Servicing Assets The Company services residential mortgage loans for the Federal Home Loan Mortgage Corporation (Freddie Mac) and earns servicing fees, which are recognized when payments are received, based upon the outstanding principal balance of the loans.

• No later than two (2) Business Days after the applicable Servicing Assets Settlement Date, Sellers shall provide Servicing Assets Purchaser with immediately available funds, by wire transfer to an account or accounts designated in writing by Servicing Assets Purchaser, in the amount of any applicable Custodial Funds and Escrow Funds remaining in the Custodial Accounts or Escrow Accounts, or otherwise held by Sellers, after the delivery of Custodial Funds and Escrow Funds pursuant to Section 9.2(e).

More Definitions of Servicing Assets

Servicing Assets means, collectively, the MH Servicing Assets and the Non-MH Servicing Assets.

Servicing Assets means all of Seller’s mortgage servicing rights.

Servicing Assets means, at any time, the portfolio of outstanding residential mortgage loans with respect to which the Company has direct servicing rights.

Servicing Assets. The assets of the Credit Card Business necessary or appropriate for the servicing of the Accounts.

Servicing Assets shall have the meaning set forth in Section 2.1(b).

Servicing Assets means the Servicing Rights, Servicing Fees and any other financial assets of the Non-Debtor Borrowers and OAC LLC.

Servicing Assets. Net” (as shown on the Borrower’s audited balance sheet), and (y) deferred charges not to exceed $1,000,000 incurred by Borrower in connection with this Agreement and the transactions contemplated hereby, any items not included in clauses (i) through (vi) above which are treated as intangibles in conformity with GAAP.