Fidelity Bond Requirement. A Servicer must maintain, at all times, at its own expense, a Fidelity Bond in an amount and with an insurer acceptable to FNMA or FHLMC and having terms that are acceptable to FNMA or FHLMC.
Appears in 76 contracts
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-1 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-8 Trust)