Common use of Action Code 12 Clause in Contracts

Action Code 12. To report a Mortgage Loan for which the Borrower has been granted relief for curing a delinquency. The Action Date is the date the relief is expected to end. For military indulgence, it will be three months after the Borrower's discharge from military service.

Appears in 5 contracts

Samples: Reconstituted Servicing Agreement (HarborView 2007-2), Pooling and Servicing Agreement (GreenPoint Mortgage Funding Trust 2005-Ar1), Reconstituted Servicing Agreement (Zuni 2006-Oa1)

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