Pool Activity Records. As to each Trust, the Master Servicer or, if required by the Servicing Contract, the Direct Servicer will keep the records necessary to account for activity on the related Pool, including records of the Pool Proceeds, distributions to Holders, assumptions or transfers, Prepayments (including purchases from a Trust) and substitutions of Mortgage Loans. In the case of a discrepancy, the records of the Master Servicer will control.
Appears in 3 contracts
Samples: Federal National Mortgage Association, Federal National Mortgage Association, Federal National Mortgage Association
Pool Activity Records. As to each Trust, the Master Servicer or, if required by the Servicing Contract, the Direct Primary Servicer will keep the records necessary to account for activity on the related Pool, including records of the Pool Proceeds, distributions to Holders, assumptions or transfers, Prepayments (including purchases from a Trust) and substitutions of Mortgage Loans. In the case of a discrepancy, the records of the Master Servicer will control.control.β
Appears in 2 contracts
Samples: Multifamily Master Trust Agreement, Trust Agreement
