Common use of E & O Requirement Clause in Contracts

E & O Requirement. A Servicer shall maintain, at all times and at its own expense, an Errors and Omissions Policy in an amount and with an insurer acceptable to FNMA or FHLMC.

Appears in 73 contracts

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar4 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar16 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar10 Trust)

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E & O Requirement. A Servicer shall must maintain, at all times and at its own expense, an Errors and Omissions Policy in an amount and with an insurer acceptable to FNMA or FHLMC.

Appears in 4 contracts

Samples: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Norwest Structured Assets Inc), Servicing Agreement (Wells Fargo Asset Securities Corp)

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