Maintenance of Fidelity Bond. The Servicer shall during the term of its service as servicer maintain in force a fidelity bond and errors and omissions insurance in respect of its officers, employees or agents. Such bond and insurance shall comply with the requirements from time to time of the FNMA for Persons performing servicing for mortgage loans purchased by such association.
Appears in 21 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Inc), Pooling and Servicing Agreement (American Business Financial Services Inc /De/), Pooling and Servicing Agreement (American Business Financial Services Inc /De/)
Maintenance of Fidelity Bond. The Servicer shall during the term of its service as servicer Servicer maintain in force a fidelity bond and errors and omissions insurance in respect of its officers, employees or agents. Such bond and insurance shall comply with the requirements from time to time of the FNMA for Persons performing servicing for mortgage loans purchased by such association.
Appears in 13 contracts
Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp), Sale and Servicing Agreement (Prudential Securities Secured Financing Corp), Sale and Servicing Agreement (American Business Financial Services Inc /De/)
Maintenance of Fidelity Bond. The Servicer shall shall, during the term of its service as servicer Servicer maintain in force a fidelity bond and errors and omissions insurance in respect of its officers, employees or agents. Such bond and insurance shall comply with the requirements from time to time of the FNMA Xxxxxx Mae or Xxxxxxx Mac for Persons performing servicing for mortgage loans purchased by such association.
Appears in 10 contracts
Samples: Sale and Servicing Agreement, Pooling and Servicing Agreement (Accredited Mortgage Loan REIT Trust), Sale and Servicing Agreement (Accredited Mortgage Loan REIT Trust)
Maintenance of Fidelity Bond. The Servicer shall during the term of its service as servicer Servicer maintain in force a fidelity bond and errors and omissions insurance in respect of its officers, employees or agentsagents in an amount at least equal to $1,000,000. Such bond and insurance shall comply with the requirements from time to time of the FNMA for Persons performing servicing for mortgage loans purchased by such associationassociation and shall name the Note Purchaser as an additional loss payee.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (American Business Financial Services Inc /De/), Sale and Servicing Agreement (American Business Financial Services Inc /De/), Sale and Servicing Agreement (American Business Financial Services Inc /De/)
Maintenance of Fidelity Bond. The Servicer shall during the term of its service as servicer Servicer maintain in force a fidelity bond and errors and omissions insurance in respect of its their respective officers, employees or agents. Such bond and insurance shall comply with the requirements from time to time of the FNMA Xxxxxx Mae or Xxxxxxx Mac for Persons performing servicing for mortgage loans purchased by such association.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Accredited Mortgage Loan REIT Trust), Sale and Servicing Agreement (Accredited Mortgage Loan REIT Trust)
Maintenance of Fidelity Bond. The Servicer shall during the term of its service as servicer maintain in force a fidelity bond and errors and omissions insurance in respect of its officers, employees or agents. Such bond and insurance shall comply with the requirements from time to time of the FNMA Xxxxxx Xxx for Persons performing servicing for mortgage loans purchased by such association.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Bear Stearns Asset Backed Securities Inc), Sale and Servicing Agreement (Morgan Stanley Abs Capital I Inc)
Maintenance of Fidelity Bond. The Servicer shall shall, during the term of its service as servicer Servicer maintain in force a fidelity bond and errors and omissions insurance in respect of its officers, employees or agents. Such bond and insurance shall comply with the requirements from time to time of the FNMA Xxxxxx Xxx or Xxxxxxx Mac for Persons performing servicing for mortgage loans purchased by such association.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Accredited Mortgage Loan REIT Trust), Sale and Servicing Agreement (Accredited Mortgage Loan Trust 2005-4)
Maintenance of Fidelity Bond. The Servicer shall shall, during the term of its service as servicer Servicer maintain in force a fidelity bond and errors and omissions insurance in respect of its officers, employees or agents. Such bond and insurance shall comply with the requirements from time to time of the FNMA Fxxxxx Mae or Fxxxxxx Mac for Persons performing servicing for mortgage loans purchased by such association.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Accredited Mortgage Loan Trust 2004-4)
Maintenance of Fidelity Bond. The Servicer shall during the term of its service as servicer Servicer maintain in force a fidelity bond and errors and omissions insurance in respect of its officers, employees or agentsagents in an amount at least equal to $1,000,000. Such bond and insurance shall comply with the requirements from time to time of the FNMA for Persons performing servicing for mortgage loans purchased by such associationassociation and shall name the Initial Purchaser as an additional loss payee.
Appears in 1 contract
Samples: Sale and Servicing Agreement (American Business Financial Services Inc /De/)
