Common use of Document Deficiencies Clause in Contracts

Document Deficiencies. The Servicer shall have no obligations to (i) address or any deficiencies in Mortgage Loan documents transferred to it, (ii) seek any document missing from any assignments relating to the transfer of any Mortgage Loan to or from the Owner. The Servicer's responsibility is solely limited to notifying the Owner as to any missing or document deficiency it becomes aware of.

Appears in 2 contracts

Samples: Loan Servicing Agreement (New Century Financial Corp), Loan Servicing Agreement (Preferred Credit Corp)

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Document Deficiencies. The Servicer shall have no obligations to (i) address or any deficiencies in Mortgage Loan documents transferred to it, (ii) seek any document missing from any assignments relating to the transfer of any Mortgage Loan to or from the Owner. The Servicer's responsibility is solely limited to notifying the Owner as to any missing or document deficiency of which it becomes aware ofaware.

Appears in 1 contract

Samples: Loan Servicing Agreement (Realtrust Asset Corp)

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Document Deficiencies. The Servicer shall have no obligations to (i) address or any deficiencies in Mortgage Loan documents transferred to it, ; (ii) seek any document missing from any assignments relating to the transfer of any Mortgage Loan to or from the Owner. The Servicer's responsibility is solely limited to notifying noticing the Owner as to any missing or document deficiency it becomes aware of.

Appears in 1 contract

Samples: Loan Servicing Agreement (Preferred Credit Corp)

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