Common use of Annual Independent Certified Public Accountants' Reports Clause in Contracts

Annual Independent Certified Public Accountants' Reports. (a) Not later than February 28 following the end of each calendar year commencing with 20 , the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Securities Administrator, a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in either the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America or the Audit Program for Mortgages serviced by Freddie Mac, with respect to the servicing of residential mortgage loxxx xxxing the most recently completed calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. The Securities Administrator shall forward a copy of such report to the Depositor, the Trustee and each Rating Agency immediately upon receipt. Copies of such statement shall be provided by the Trustee to any Certificateholder upon request, provided that such statement is delivered by the Servicer to the Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Securities Corp)

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Annual Independent Certified Public Accountants' Reports. (a) Not later than February 28 following the end March 15 of each calendar year year, commencing with 20 in 2005, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Securities Administrator, Trustee and the Depositor a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in either the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America or the Audit Program for Mortgages serviced by Freddie Xxxxxxx Mac, with respect to the servicing of residential mortgage loxxx xxxing loans during the most recently completed calendar fiscal year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. The Securities Administrator Immediately upon receipt of such report, the Servicer shall forward furnish a copy of such report to the DepositorTrustee, the Trustee Depositor and each Rating Agency immediately upon receiptAgency. Copies of such statement shall be provided by the Trustee to the Certificate Insurer and any Certificateholder upon requestrequest at the Servicer's expense, provided that such statement is delivered by the Servicer to the Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc C-Bass 2004-Cb6 Trust)

Annual Independent Certified Public Accountants' Reports. (a) Not later than February 28 following the end of each calendar year commencing with 20 2005, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Securities Administrator, Administrator a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in either the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America or the Audit Program for Mortgages serviced by Freddie MacFHLMC, with respect to the servicing of residential mortgage loxxx xxxing loans during the most recently completed calendar fiscal year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. The Securities Administrator shall forward furnish a copy of such report to the DepositorTrustee, the Trustee NIMS Insurer, the Depositor and each Rating Agency immediately upon receipt. Copies of such statement shall be provided by the Trustee to any Certificateholder upon request, provided that such statement is has been delivered by the Servicer to the Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Home Equity Asset-Backed Securities 2004-2 Trust)

Annual Independent Certified Public Accountants' Reports. (a) Not later than February 28 following the end March 15 of each calendar year year, commencing with 20 in 2006, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Securities Administrator, Trustee and the Depositor a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in either the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America or the Audit Program for Mortgages serviced by Freddie Xxxxxxx Mac, with respect to the servicing of residential mortgage loxxx xxxing loans during the most recently completed calendar fiscal year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. The Securities Administrator Immediately upon receipt of such report, the Servicer shall forward furnish a copy of such report to the DepositorTrustee, the Trustee Depositor and each Rating Agency immediately upon receiptAgency. Copies of such statement shall be provided by the Trustee to any Certificateholder upon requestrequest at the Servicer’s expense, provided that such statement is delivered by the Servicer to the Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (C-Bass Mortgage Loan Asset-Backed Certificates, Series 2005-Cb6)

Annual Independent Certified Public Accountants' Reports. (a) Not later than February 28 following the end of each calendar year commencing with 20 2003, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Securities Administrator, Administrator a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in either the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America or the Audit Program for Mortgages serviced by Freddie MacFHLMC, with respect to the servicing of residential mortgage loxxx xxxing loans during the most recently completed calendar fiscal year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. The Securities Administrator shall forward furnish a copy of such report to the DepositorTrustee, the Trustee NIMS Insurer, the Depositor and each Rating Agency immediately upon receipt. Copies of such statement shall be provided by the Trustee to any Certificateholder upon request, provided that such statement is has been delivered by the Servicer to the Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Asset Backed Funding Corp)

Annual Independent Certified Public Accountants' Reports. (a) Not later than February 28 following the end March 15th of each calendar year year, commencing with 20 in 2005, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Securities Administrator, Trustee and the Depositor a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in either the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America or the Audit Program for Mortgages serviced by Freddie Mac, with respect to the servicing of residential mortgage loxxx xxxing loaxx xxxxng the most recently completed calendar fiscal year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. The Securities Administrator Immediately upon receipt of such report, the Servicer shall forward furnish a copy of such report to the DepositorTrustee, the Trustee Depositor and each Rating Agency immediately upon receiptAgency. Copies of such statement shall be provided by the Trustee to any Certificateholder upon requestrequest at the Servicer's expense, provided that such statement is delivered by the Servicer to the Trustee.

Appears in 1 contract

Samples: Servicing Agreement (Morgan Stanley Abs Capital I Inc Trust Series 2004-Sd1)

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Annual Independent Certified Public Accountants' Reports. (a) Not later than February 28 following the end March 15th of each calendar year year, commencing with 20 in 2005, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Securities Administrator, Trustee and the Depositor a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in either the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America or the Audit Program for Mortgages serviced by Freddie Mac, with respect to the servicing of residential mortgage loxxx xxxing loaxx xxxxng the most recently completed calendar fiscal year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. The Securities Administrator Immediately upon receipt of such report, the Servicer shall forward furnish a copy of such report to the Depositor, the Trustee and each Rating Agency immediately upon receiptTrustee. Copies of such statement shall be provided by the Trustee to the Depositor, each Rating Agency and, upon request, to any Certificateholder upon requestat the requesting Certificateholder's expense, in each case, provided that such statement is delivered by the Servicer to the Trustee.

Appears in 1 contract

Samples: Servicing Agreement (Morgan Stanley Abs Capital I Inc Trust Series 2004-Sd1)

Annual Independent Certified Public Accountants' Reports. (a) Not later than February 28 90 days following the end of each calendar fiscal year of the Servicer commencing with 20 in 2001, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Securities AdministratorIndenture Trustee, the Issuer and the Depositor a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in either the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America or the Audit Program for Mortgages serviced by Freddie MacFHLMC, with respect to the servicing of residential mortgage loxxx xxxing loans during the most recently completed calendar fiscal year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. The Securities Administrator Immediately upon receipt of such report, the Servicer shall forward furnish a copy of such report to the DepositorIndenture Trustee, the Trustee Issuer, the Depositor and each Rating Agency immediately upon receiptAgency. Copies of such statement shall be provided by the Trustee to any Certificateholder upon request, provided that such statement is delivered by the Servicer to the Trustee.the

Appears in 1 contract

Samples: Servicing Agreement (C-Bass Mortgage Loan as-BCK Nt Sal Mort Ln Tr Ser 2001-Cb4)

Annual Independent Certified Public Accountants' Reports. (a) Not later than February 28 90 days following the end of each calendar fiscal year of the Servicer commencing with 20 in 2002, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Securities Certificate Administrator, the Trustee and the Depositor a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in either the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America or the Audit Program for Mortgages serviced by Freddie Xxxxxxx Mac, with respect to the servicing of residential mortgage loxxx xxxing loans during the most recently completed calendar fiscal year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. The Securities Administrator Immediately upon receipt of such report, the Servicer shall forward furnish a copy of such report to the DepositorCertificate Administrator, the Trustee Trustee, the Depositor and each Rating Agency immediately upon receiptAgency. Copies of such statement shall be provided by the Trustee Certificate Administrator to any Certificateholder upon requestrequest at the Servicer's expense, provided that such statement is delivered by the Servicer to the TrusteeCertificate Administrator.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (C Bass Mortgage Loan Asset Backed Certs Ser 2002 Cb1)

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