Common use of Reporting Requirement Clause in Contracts

Reporting Requirement. As to any defaulted Mortgage Loan, the Servicer must account to, and report in writing to, the Master Servicer as to any Realized Loss (or gain) upon the Liquidation or Deficient Valuation in respect of such Mortgage Loan.

Appears in 75 contracts

Samples: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar13 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar11 Trust)

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Reporting Requirement. As to any defaulted Mortgage Loan, the Servicer must account to, and report in writing to, the Master Servicer as to any Realized Loss (or gain) upon the Liquidation or Liquidation, Deficient Valuation or Servicer Modification in respect of such Mortgage Loan.

Appears in 2 contracts

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008-Ar2 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008-Ar1 Trust)

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