Common use of Ownership of Mortgage Loans Clause in Contracts

Ownership of Mortgage Loans. Servicer acknowledges that Purchaser and any assignee hereunder, if any, alone will own the Mortgage Loans and Records notwithstanding that the Records may remain in the possession of Servicer during the term hereof to facilitate the performance of servicing activities described herein.

Appears in 3 contracts

Samples: Servicing Agreement (Steward Realty Trust, Inc.), Servicing Agreement (Steward Realty Trust, Inc.), Servicing Agreement (Steward Realty Trust, Inc.)

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Ownership of Mortgage Loans. Servicer acknowledges that Purchaser and any assignee hereunder, if any, alone will own the Mortgage Loans and Records after the Sale Date notwithstanding that the Records may remain in the possession of Servicer during the term hereof to facilitate the performance of servicing activities described describe d herein.

Appears in 1 contract

Samples: Servicing Agreement

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