Approvals and Compliance. Owner is approved and in good standing with each Insurer, and holds all licenses, approvals, permits, and other authorizations, or exemptions therefrom, required under Applicable Requirements to originate, if Owner was the Originator, and to service the Mortgage Loans.
Appears in 5 contracts
Samples: Portfolio Servicing Agreement (PHH Corp), Portfolio Servicing Agreement (Merrill Lynch Mort Invest Inc MLCC 2003-B Mort Ps THR Cert), Portfolio Servicing Agreement (Merrill Lynch Mortgage Investors Inc)