P&I Advance Limitation. The Servicer is required to make P&I Advances with respect to a Mortgage Loan unless a P&I Advance is reasonably determined by the Servicer to be eventually non-recoverable from any Insurance Proceeds, Liquidation Proceeds, or the Borrower.
Appears in 77 contracts
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Norwest Structured Assets Inc), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-14 Trust)
