Environmental Problem Property. A Mortgaged Property or REO Property that is in violation of any environmental law, rule or regulation.
Appears in 11 contracts
Samples: Securitization Servicing Agreement (BNC Mortgage Loan Trust 2007-1), Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP), Transfer and Servicing Agreement (Fieldstone Mortgage Investment Trust, Series 2006-2)