Ability to Service. The Company is an approved seller/servicer of conventional residential mortgage loans for Fxxxxx Mxx or Fxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Company is in good standing to sell mortgage loans to and service mortgage loans for Fxxxxx Mae or Fxxxxxx Mac, and no event has occurred, including but not limited to a change in insurance coverage, which would make the Company unable to comply with Fxxxxx Mae or Fxxxxxx Mac eligibility requirements or which would require notification to either Fxxxxx Mae or Fxxxxxx Mac;
Appears in 32 contracts
Samples: Assignment and Assumption (Structured Adjustable Rate Mortgage Loan Trust Series 2007-3), Warranties and Servicing Agreement (Lehman XS Trust Series 2006-4n), Custodial Agreement (Bear Stearns Asset Backed Securities I Trust 2006-He3)
Ability to Service. The Company is an approved seller/servicer of conventional residential mortgage loans for Fxxxxx Mxx Xxxxxx Xxx or Fxxxxxx Xxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Company is a HUD approved mortgagee and is in good standing to sell mortgage loans to and service mortgage loans for Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac, and no event has occurred, including but not limited to a change in insurance coverage, which would make the Company unable to comply with Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac eligibility requirements or which would require notification to either Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac;
Appears in 18 contracts
Samples: Warranties and Servicing Agreement (RBSGC 2007-A), Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2007-3), Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-8xs)
Ability to Service. The Company Servicer is an approved seller/servicer of conventional residential mortgage loans for Fxxxxx Mxx or and Fxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Company Servicer is in good standing to sell mortgage loans to and service mortgage loans for either Fxxxxx Mae or Fxxxxxx Mac, and no event has occurred, including but not limited to a change in insurance coverage, which would make the Company Servicer unable to comply with either Fxxxxx Mae or Fxxxxxx Mac eligibility requirements or which would require notification to either of Fxxxxx Mae or Fxxxxxx Mac;
Appears in 9 contracts
Samples: Securitization Servicing Agreement (Lehman XS Trust Series 2006-Gp2), Securitization Servicing Agreement (GreenPoint Mortgage Funding Trust 2006-Ar5), Securitization Servicing Agreement (Lehman XS Trust Series 2006-4n)
Ability to Service. The Company is an approved seller/servicer of conventional residential mortgage loans for Fxxxxx Mxx or Fxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Company is a HUD approved mortgagee and is in good standing to sell mortgage loans to and service mortgage loans for Fxxxxx Mae or Fxxxxxx Mac, and no event has occurred, including but not limited to a change in insurance coverage, which would make the Company unable to comply with Fxxxxx Mae or Fxxxxxx Mac eligibility requirements or which would require notification to either Fxxxxx Mae or Fxxxxxx Mac;
Appears in 4 contracts
Samples: Assignment, Assumption and Recognition Agreement (Bear Stearns ARM Trust 2007-2), Indemnification Agreement (RBSGC Mortgage Loan Trust 2007-B), Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax)
Ability to Service. The Company is an approved seller/servicer of conventional residential mortgage loans for Fxxxxx Mxx or Fxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Company is a HUD approved mortgagee pursuant to Section 203 of the National Housing Act and is in good standing to sell mortgage loans to and service mortgage loans for Fxxxxx Mae or Fxxxxxx Mac, and no event has occurred, including but not limited to a change in insurance coverage, which would make the Company unable to comply with Fxxxxx Mae or Fxxxxxx Mac eligibility requirements or which would require notification to either Fxxxxx Mae or Fxxxxxx Mac;
Appears in 3 contracts
Samples: And Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2), And Servicing Agreement (GSR Mortgage Loan Trust 2007-2f), Assumption and Recognition Agreement (Banc of America Funding 2006-H Trust)
Ability to Service. The Company is an approved seller/servicer of conventional residential mortgage loans for Fxxxxx Mxx Mae or Fxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Company is in good standing to sell mortgage loans to and service mortgage loans for Fxxxxx Mae or Fxxxxxx Mac, and no event has occurred, including but not limited to a change in insurance coverage, which would make the Company unable to comply with Fxxxxx Mae or Fxxxxxx Mac eligibility requirements or which would require notification to either Fxxxxx Mae or Fxxxxxx Mac;
Appears in 3 contracts
Samples: Custodial Agreement (Bear Stearns ARM Trust 2007-5), Reconstituted Servicing Agreement (SASCO Mortgage Loan Trust 2005-Wf3), Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust)
Ability to Service. The Company is an approved seller/servicer of conventional residential mortgage loans for Fxxxxx Mxx or and Fxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Company is in good standing to sell mortgage loans to and service mortgage loans for Fxxxxx Mae or and Fxxxxxx Mac, and no event has occurred, including but not limited to a change in insurance coverage, which would make the Company unable to comply with Fxxxxx Mae or and Fxxxxxx Mac eligibility requirements or which would require notification to either Fxxxxx Mae or and Fxxxxxx Mac;
Appears in 2 contracts
Samples: Warranties and Servicing Agreement (Sasco 2006-Bc3), Warranties and Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc5)
Ability to Service. The Company is an approved seller/servicer of conventional residential mortgage loans for Fxxxxx Mxx Xxx or Fxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Company is in good standing to sell mortgage loans to and service mortgage loans for Fxxxxx Mae Xxx or Fxxxxxx Mac, and no event has occurred, including but not limited to a change in insurance coverage, which would make the Company unable to comply with Fxxxxx Mae Xxx or Fxxxxxx Mac eligibility requirements or which would require notification to either Fxxxxx Mae Xxx or Fxxxxxx Mac;
Appears in 1 contract
Samples: Custodial Agreement (Bear Stearns ARM Trust 2006-4)
Ability to Service. The Company is an approved seller/servicer of conventional residential mortgage loans for Fxxxxx Mxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Company is in good standing to sell mortgage loans to _ 15 _ and service mortgage loans for Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac, and no event has occurred, including but not limited to a change in insurance coverage, which would make the Company unable to comply with Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac eligibility requirements or which would require notification to either Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac;
Appears in 1 contract
Samples: Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-14)
Ability to Service. The Company is an approved seller/servicer of conventional residential mortgage loans for Fxxxxx Mxx Mae or Fxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Company is a HUD approved mortgagee and is in good standing to sell mortgage loans to and service mortgage loans for Fxxxxx Mae or Fxxxxxx Mac, and no event has occurred, including but not limited to a change in insurance coverage, which would make the Company unable to comply with Fxxxxx Mae or Fxxxxxx Mac eligibility requirements or which would require notification to either Fxxxxx Mae or Fxxxxxx Mac;
Appears in 1 contract
Samples: Assignment, Assumption and Recognition Agreement (Bear Stearns ARM Trust 2007-2)
