Common use of Reports of Foreclosures and Abandonment of Mortgaged Property Clause in Contracts

Reports of Foreclosures and Abandonment of Mortgaged Property. Each year the Master Servicer shall report or cause to be reported to the Internal Revenue Service foreclosures and abandonments of any Mortgaged Property as required by Section 6050J of the Code.

Appears in 6 contracts

Samples: Terms Agreement (Bear Stearns Mortgage Securities Inc), Underwriting Agreement (Bear Stearns Mortgage Securities Inc), Pooling and Servicing Agreement (CMC Securities Corp Iii)

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Reports of Foreclosures and Abandonment of Mortgaged Property. Each year the Master Servicer shall report or cause to be reported to the Internal Revenue Service foreclosures and abandonments of any Mortgaged Property as required by Section 6050J of the Code3.12(f).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Trust 2003 -Abf1)

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Reports of Foreclosures and Abandonment of Mortgaged Property. Each year the each Master Servicer shall report or cause to be reported to the Internal Revenue Service foreclosures and abandonments of any Mortgaged Property with respect to Mortgage Loans serviced by such Master Servicer as required by Section 6050J of the Code.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CMC Securities Corp Iii)

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