Escrow Fund Deficiency. Where it is determined that a deficiency exists in such Borrower's Escrow Funds, such Borrower may be requested to pay the shortage in full or the deficiency may be taken into consideration in determining the amount to be collected for Escrow Funds during the next twelve months.
Appears in 42 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar5 Trust), Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-19 Trust)
Escrow Fund Deficiency. Where it is determined that a deficiency exists in such Borrower's Escrow Funds, such Borrower may be requested to pay the shortage in full or the deficiency may be taken into consideration in determining the amount to be collected for Escrow Funds during the next twelve monthsmonths (or such longer period as may be permitted in the discretion of the Servicer).
Appears in 34 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-3 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-4 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-12 Trust)
Escrow Fund Deficiency. Where it is determined that a deficiency exists in such Borrower's ’s Escrow Funds, such Borrower may be requested to pay the shortage in full or the deficiency may be taken into consideration in determining the amount to be collected for Escrow Funds during the next twelve months.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)
