Mortgage Services. Mortgages
Mortgage Services. (a) At or prior to the Closing, Seller shall cause Technical Mortgage to redeem the interests of the Acquired Companies in Technical Mortgage for an amount equal to the capital contribution of the Acquired Companies in Technical Mortgage.
(b) Seller shall cause Preferred Mortgage to handle all mortgages which Preferred Mortgage has committed as of the Closing Date to buyers of homes from the Acquired Companies to be handled in the normal course of business.
Mortgage Services. First mortgage products offered on AOL Exclusive Sites. -----------------
Mortgage Services. When the Client determines that an Employee is eligible for mortgage assistance, Coldwell Banker will offer the services without obligation of an affiliated company, NEMOVES Mortgage Corporation (“NEMOVES Mortgage”) or a Coldwell Banker preferred lender, to provide Employees of the Client with mortgage assistance services as follows:
Mortgage Services. 47 6.14 Park/Walnut Creek Investors............................................................................47 ARTICLE VII
Mortgage Services. 10.1. Each Lender hereby appoints the Mortgage Servicer, to act as their lawful agent, in their name and on their behalf, to perform the Mortgage Services and the Mortgage Servicer accepts such appointment.
10.2. The Mortgage Servicer shall have the full power, authority and right to do or cause to be done any and all things which it reasonably considers necessary, convenient or incidental to the provision of the Mortgage Services.
10.3. The Mortgage Servicer shall provide primary mortgage servicing, management and administration services in relation to the Mortgage Loans and the related Mortgage Security and these services shall include, but not be limited to, instalment calculation, payment collection, redemptions, lease consents and insurance monitoring.
10.4. The Mortgage Servicer shall provide special mortgage servicing, management and administration services in relation to the Mortgage Loans and the related Mortgage Security in relation to Borrowers that are in default, these services shall include, but not be limited to, chasing failed payments and management of repossessions.
10.5. The Mortgage Servicer is solely responsible for the selection of all personnel, procedures, assets, features, systems, methodologies, software, delivery locations and facilities (collectively, the "Servicer's Solution") that it may require to deliver the Services and comply with its obligations. The Mortgage Servicer may at any time make such changes to the Servicer's Solution that it considers necessary, efficient or appropriate in the circumstances, without requiring the Lenders' consent. The Mortgage Servicer shall not be required to inform the Lenders of or obtain its consent to any such changes, except where they would require any changes to the Terms and Conditions.
10.6. Upon repayment in full of all sums outstanding under a Mortgage Loan, the Mortgage Servicer shall execute, or shall procure that any delegate who is at that time attorney (directly or indirectly) of the Mortgage Servicer, execute a discharge or release of the Mortgage Security.
10.7. The Servicer shall act in the manner of a Prudent Mortgage Lender to collect all payments due under or in connection with the Mortgage Loans and the Mortgage Security and to enforce all covenants and obligations of each Borrower in accordance with the Enforcement Procedures in the event that they become enforceable under the terms of the relevant Mortgage Loan or in the event of a default by a Borrower, provided that ...
Mortgage Services. When the Client determines that an Employee is eligible for mortgage assistance, Cartus will utilize the services of an affiliated company, PHH Home Loans LLC d/b/a Cartus Home Loans (“Cartus Home Loans”), to provide Employees of the Client with mortgage assistance services as follows:
Mortgage Services. The Company may deliver to First American an invoice for Mortgage Consumer Report Fees upon delivery of the underlying Mortgage Consumer Reports and Services to First American or its Affiliates, or at such later intervals as the Company determines. Each such invoice shall contain a description of the Mortgage Consumer Reports and Services provided during the relevant period and the amount of the Mortgage Consumer Reports Fees for such period. Each such invoice shall be due and payable immediately upon receipt, and payment shall be made no later ninety (90) calendar days after receipt of such invoice.
Mortgage Services. The Company may deliver to First American an invoice for Mortgage Credit Report Fees upon delivery of the underlying Mortgage Credit Reports to First American or its Affiliates, or at such later intervals as the Company determines. Each such invoice shall contain a description of the Mortgage Credit Reports provided during the relevant period and the amount of the Mortgage Credit Reports Fees for such period. Each such invoice shall be due and payable immediately upon receipt, and payment shall be made no later ninety (90) calendar days after receipt of such invoice.
Mortgage Services. When the Client determines that an Employee is eligible for mortgage assistance, Cendant Mobility will utilize the services of an affiliated company, Cendant Mortgage Corporation (“Cendant Mortgage”), to provide the Employee of the Client with mortgage assistance services as follows:
