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 2007-12 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008 -1 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-11 Trust)
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)
