Common use of Annual Servicing Review Clause in Contracts

Annual Servicing Review. Not later than March 15 of each year, beginning with the letter due March 15, 2004, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Seller, the Trustee and each Rating Agency to the effect that such firm has, with respect to the Servicer’s overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm’s conclusions relating thereto. The Servicer shall disclose to its certified public accountants all significant deficiencies relating to the Servicer's compliance with the minimum servicing standards in accordance with the aforementioned review, and all such disclosed deficiencies, if any, shall be included as part of the letter furnished pursuant to this Section 3.10.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Renaissance Mort Accept Corp Home Equity Ln as Bk Ce Se 03-3), Pooling and Servicing Agreement (Renaissance Mort Accept Corp Home Equity Ln as Bk Ce Se 03-3), Pooling and Servicing Agreement (Renaissance Home Equity Loan Trust 2003-4)

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Annual Servicing Review. Not later than March 15 of each year, beginning with the letter due March 15, 20042005, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Seller, the Trustee and each Rating Agency to the effect that such firm has, with respect to the Servicer’s overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm’s conclusions relating thereto. The Servicer shall disclose to its certified public accountants all significant deficiencies relating to the Servicer's compliance with the minimum servicing standards in accordance with the aforementioned review, and all such disclosed deficiencies, if any, shall be included as part of the letter furnished pursuant to this Section 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Renaissance Mort Acc Corp Renaissance Home Eq Ln Tr 2004 1)

Annual Servicing Review. Not later than March 15 of each year, beginning with the letter due March 15, 20042006, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Seller, the Trustee Master Servicer and each Rating Agency to the effect that such firm has, with respect to the Servicer’s 's overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm’s 's conclusions relating thereto. The Servicer shall disclose to its certified public accountants all significant deficiencies relating to the Servicer's compliance with the minimum servicing standards in accordance with the aforementioned review, and all such disclosed deficiencies, if any, shall be included as part of the letter furnished pursuant to this Section 3.10.

Appears in 1 contract

Samples: Servicing Agreement (Renaissance Home Equity Loan Trust 2005-1)

Annual Servicing Review. Not later than March 15 of each year, beginning with the letter due March 15, 20042005, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Seller, the Trustee and each Rating Agency to the effect that such firm has, with respect to the Servicer’s overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm’s conclusions relating thereto. The Servicer shall disclose to its certified public accountants all significant deficiencies relating to the Servicer's ’s compliance with the minimum servicing standards in accordance with the aforementioned review, and all such disclosed deficiencies, if any, shall be included as part of the letter furnished pursuant to this Section 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Delta Financial Corp)

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Annual Servicing Review. Not later than March 15 of each year, beginning with the letter due March 15, 20042005, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Seller, the Trustee Trustee, the Certificate Insurer and each Rating Agency to the effect that such firm has, with respect to the Servicer’s overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm’s conclusions relating thereto. The Servicer shall disclose to its certified public accountants all significant deficiencies relating to the Servicer's compliance with the minimum servicing standards in accordance with the aforementioned review, and all such disclosed deficiencies, if any, shall be included as part of the letter furnished pursuant to this Section 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Renaissance Home Equity Loan Trust 2004-2)

Annual Servicing Review. Not later than March 15 of each year, beginning with the letter due March 15, 20042005, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Seller, the Trustee Master Servicer and each Rating Agency to the effect that such firm has, with respect to the Servicer’s overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm’s conclusions relating thereto. The Servicer shall disclose to its certified public accountants all significant deficiencies relating to the Servicer's ’s compliance with the minimum servicing standards in accordance with the aforementioned review, and all such disclosed deficiencies, if any, shall be included as part of the letter furnished pursuant to this Section 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Renaissance Home Equity Loan Trust 2004-4)

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