Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.
Appears in 142 contracts
Samples: Recognition Agreement (Bear Stearns ALT-A Trust 2006-1), Assignment, Assumption and Recognition Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A2), Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-3ar)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Servicing Officer Certificate certification * Unusual or extraordinary items may require further documentation.
Appears in 29 contracts
Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-13), Assignment, Assumption and Recognition Agreement (Merrill Lynch Mortgage Investors Trust Series MLCC 2006-3), Assignment, Assumption and Recognition Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A1)
Complete as applicable. Required documentation: * o For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * o For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * o Other expenses - copies of corporate advance history showing all payments * o REO repairs repairs> $1500 require explanation * o REO repairs >$3000 require evidence of at least 2 bids. * o Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * o Unusual or extraordinary items may require further documentation.
Appears in 11 contracts
Samples: Reconstituted Servicing Agreement (Luminent Mortgage Trust 2006-7), Servicing Agreement (Luminent Mortgage Trust 2007-2), Reconstituted Servicing Agreement (Luminent Mortgage Trust 2006-7)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Servicing Officer Certificate certification. * Unusual or extraordinary items may require further documentation.
Appears in 9 contracts
Samples: Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-6ar), Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-2), Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-8ar)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >> $3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.
Appears in 6 contracts
Samples: Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Af1), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc2), Reference Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar3)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.. 13. The total of lines 1 through 12. Credits: --------
Appears in 4 contracts
Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-1xs), Servicing Agreement (Banc of America Funding Corp), Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-2ax)
Complete as applicable. Required documentation: * For taxes and insurance advances - -- see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.
Appears in 3 contracts
Samples: Assignment, Assumption and Recognition Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-F1), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series MLCC 2006-3), Assignment, Assumption and Recognition Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-A4)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's ’s approved Officer Certificate * Unusual or extraordinary items may require further documentation.
Appears in 3 contracts
Samples: Securitization Servicing Agreement (TBW Mortgage-Backed Trust Series 2006-4), Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2007-He1), Pooling and Servicing Agreement (TBW Mortgage-Backed Trust Series 2007-2)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.. 13. The total of lines 1 through 12. 3. Credits:
Appears in 3 contracts
Samples: Assignment and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-1ar), Assignment and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-8ar), Assignment and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-5ar)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >> $3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Servicing Officer Certificate certification * Unusual or extraordinary items may require further documentation.
Appears in 3 contracts
Samples: Reconstituted Servicing Agreement (Thornburg Mortgage Securities Trust 2006-5), Appointment, Assumption and Recognition Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Af2), Reconstituted Servicing Agreement (Thornburg Mortgage Securities Trust 2006-5)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > >$1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.
Appears in 2 contracts
Samples: Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A2), Warranties and Servicing Agreement (Luminent Mortgage Trust 2006-6)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.. 13. The total of lines 1 through 12. (w) Credits:
Appears in 2 contracts
Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-11), Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-5ar)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.. 13. The total of lines 1 through 12. (ff) Credits:
Appears in 2 contracts
Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-2ax), Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-17xs)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >> $3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.. 13. The total of lines 1 through 12. (w) Credits:
Appears in 1 contract
Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-5ar)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > >$1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.. 13. The total of lines 1 through 12. (p) Credits
Appears in 1 contract
Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-1ar)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation. 13. The total of lines 1 through 12. (c) Credits: 14-21.
Appears in 1 contract
Samples: Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)
Complete as applicable. Required documentation: * For taxes and insurance Insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >> $3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Lares Asset Securitization, Inc.)
Complete as applicable. Required documentation: * For taxes and insurance advances - – see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's ’s approved Servicing Officer Certificate Certification * Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-6)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation. 13. The total of lines 1 through 12.
Appears in 1 contract
Samples: Assignment and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-12xs)
Complete as applicable. Required documentation: * - For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * - For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * - Other expenses - copies of corporate advance history showing all payments * - REO repairs > $1500 require explanation * - REO repairs >> $3000 require evidence of at least 2 bids. * - Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * - Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ownit Mortgage Loan Trust, Series 2006-2)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.. 13. The total of lines 1 through 12. (c) Credits:
Appears in 1 contract
Samples: Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.. 13. The total of lines 1 through 12. (cc) Credits:
Appears in 1 contract
Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)
Complete as applicable. Required documentation: * o For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * o For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * o Other expenses - copies of corporate advance history showing all payments * o REO repairs repairs> $1500 require explanation * o REO repairs >$3000 require evidence of at least 2 bids. * Exhibit Six-15 o Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * o Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Reconstituted Servicing Agreement (Luminent Mortgage Trust 2007-2)
Complete as applicable. Required documentation: * For taxes and insurance advances - – see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's ’s approved Officer Certificate * Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Servicing Agreement (People's Financial Realty Mortgage Securities 2006-1)
Complete as applicable. Required documentation: * - For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * - For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * - Other expenses - copies of corporate advance history showing all payments * - REO repairs > >$1500 require explanation * - REO repairs >$3000 require evidence of at least 2 bids. * - Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * - Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-F1)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other other expenses - copies of corporate advance history showing all payments * REO REo repairs > $1500 require explanation * REO REo repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off off require P&L supporting the decision and WFB's approved Officer officer Certificate * Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Assumption and Recognition Agreement (Banc of America Funding 2007-2 Trust)
Complete as applicable. Required documentation: * o For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * o For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * o Other expenses - copies of corporate advance history showing all payments * o REO repairs repairs> $1500 require explanation * o REO repairs >$3000 require evidence of at least 2 bids. * o Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Exhibit Four-10 o Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Reconstituted Servicing Agreement (Luminent Mortgage Trust 2006-7)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Servicing Officer Certificate certification * Unusual or extraordinary items may require further documentation. 13. The total of lines 1 through 12.
Appears in 1 contract
Samples: Assignment, Assumption and Recognition Agreement (Banc of America Funding 2007-2 Trust)
Complete as applicable. Required documentation: * o For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * o For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * o Other expenses - copies of corporate advance history showing all payments * o REO repairs repairs> $1500 require explanation * o REO repairs >$3000 require evidence of at least 2 bids. * o Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Exhibit Four-9 o Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Reconstituted Servicing Agreement (Luminent Mortgage Trust 2006-7)
Complete as applicable. Required documentation: * For taxes and insurance advances - – see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs repairs> $1500 require explanation * REO repairs >$3000 repairs>$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's ’s approved Officer Certificate * Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar)
Complete as applicable. Required documentation: * For taxes and insurance advances - – see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's ’s approved Servicing Officer Certificate certification * Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust , Series 2007-Bar1)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFB's approved Officer Certificate * Unusual or extraordinary items may require further documentation.. 13. The total of lines 1 through 12. (dd) Credits: --------
Appears in 1 contract
Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2006-15xs)
Complete as applicable. Required documentation: * For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. * For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) * Other expenses - copies of corporate advance history showing all payments * REO repairs > $1500 require explanation * REO repairs >$3000 require evidence of at least 2 bids. * Short Sale or Charge Off require P&L supporting the decision and WFBWFB 's approved Officer Certificate * Unusual or extraordinary items may require further documentation.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Trust 2007-Sd2)