Common use of Early Late Notices Clause in Contracts

Early Late Notices. The Servicer will mail a late notice to all Mortgagors once they are 5 days past their due date, except for the following loans that are screened out for such written correspondence for reasons including, but not limited to, bankruptcies, interim payments in the first 30 days after transfer and loans for which the historical average payment date is before the 15th day of delinquency; and loans which have been analyzed by EI scoring.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Asset Backed Sec Corp Home Equ Loan Tr Ser 2003-He1), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp), Pooling and Servicing Agreement (Asset Backed Securities Corp)

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Early Late Notices. The Servicer Service Provider will mail a late notice to all Mortgagors once they are 5 days past their due date, except for the following loans that are screened out for such written correspondence for reasons including, but not limited to, bankruptcies, interim payments in the first 30 days after transfer and loans for which the historical average payment date is before the 15th day of delinquency; and loans which have been analyzed by EI scoring.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Trust 2001-Am1)

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