Payoffs and Assumptions. Seller shall provide to Purchaser within two (2) Business Days after the Transfer Date (a) copies of all assumption and payoff statements generated by Seller on the Mortgage Loans within the preceding sixty (60) calendar days and (b) a status report for any assumption or payoff in process as of the Transfer Date. Seller and Purchaser shall cooperate with and assist each other, as requested, in completing any payoff or assumption that is in process as of the Transfer Date.
Appears in 7 contracts
Samples: Mortgage Servicing Purchase and Sale Agreement, Mortgage Servicing Purchase and Sale Agreement (Hibernia Corp), Mortgage Servicing Purchase and Sale Agreement (Merrill Lynch Investors Trust, Series 2006-A2)
