Common use of Mortgage Payments Received Prior to Servicing Transfer Date Clause in Contracts

Mortgage Payments Received Prior to Servicing Transfer Date. Seller shall forward by wire transfer, on or before the Servicing Transfer Date, all payments received by Seller (or Subservicer) on each Mortgage Loan in the affected Mortgage Pools prior to the Servicing Transfer Date to Purchaser.

Appears in 8 contracts

Samples: Mortgage Loan Participation Sale Agreement (Mr. Cooper Group Inc.), Mortgage Loan Participation Sale Agreement (loanDepot, Inc.), Mortgage Loan Participation Sale Agreement (Mr. Cooper Group Inc.)

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Mortgage Payments Received Prior to Servicing Transfer Date. Seller shall forward by wire transfer, on or before within [***] of the Servicing Transfer Date, all payments received by Seller (or Subservicer) on each Mortgage Loan in the affected Mortgage Pools prior to the Servicing Transfer Date to Purchaser.

Appears in 1 contract

Samples: Mortgage Loan Participation Sale Agreement (loanDepot, Inc.)

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