Common use of Mortgage Loan repurchased Clause in Contracts

Mortgage Loan repurchased. The Master Servicer [or Servicer or Subservicer] hereby certifies that the Purchase Price has been credited to the Collection Account (or the Custodial Account) and remitted to the Indenture Trustee and/or the Owner Trustee for deposit into the Collection Account and/or the Certificate Account (whichever is applicable) pursuant to the Transfer and Servicing Agreement.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP), Transfer and Servicing Agreement (NYMT Securities CORP)

AutoNDA by SimpleDocs

Mortgage Loan repurchased. The Master Servicer [(or Servicer or Subservicer] Servicer) hereby certifies that the Purchase Price has been credited to the Collection Account (or the Custodial Account) and remitted to the Indenture Trustee and/or the Owner Trustee Trust Administrator for deposit into the Collection Note Account and/or the Certificate Account (whichever is applicable) pursuant to the Transfer and Servicing Agreement.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Aames Mortgage Investment Trust 2006-1)

AutoNDA by SimpleDocs

Mortgage Loan repurchased. The Master Servicer [(or Servicer or Subservicer] Servicer) hereby certifies that the Purchase Price has been credited to the Collection Account (or the Custodial Account) and remitted to the Indenture Trustee and/or the Owner Trustee for deposit into the Collection Account and/or the Certificate Distribution Account (whichever is applicable) pursuant to the Transfer and Servicing Pooling Agreement.

Appears in 1 contract

Samples: Custodial Agreement (Luminent Mortgage Trust 2006-6)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!