Common use of Seller/Servicer Standing Clause in Contracts

Seller/Servicer Standing. Seller is an approved Xxxxxx Xxx and Xxxxxxx Mac Seller/Servicer and a GNMA Issuer/Servicer in good standing with the requisite financial criteria and adequate resources to complete the transactions contemplated hereby on the conditions stated herein.

Appears in 2 contracts

Samples: Mortgage Servicing Purchase and Sale Agreement, Mortgage Servicing Purchase and Sale Agreement (Hibernia Corp)

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Seller/Servicer Standing. Seller is an approved Xxxxxx Xxx and Xxxxxxx Mac Sellerseller/Servicer and a GNMA Issuer/Servicer servicer in good standing with the requisite financial criteria and adequate resources to complete the transactions contemplated hereby on the conditions stated herein.

Appears in 2 contracts

Samples: Sale and Assignment Agreement (Newcastle Investment Corp), Excess Servicing Spread Sale and Assignment Agreement (Nationstar Mortgage Holdings Inc.)

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Seller/Servicer Standing. Seller is an approved Xxxxxx Xxx and Xxxxxxx Mac Sellerseller/Servicer and a GNMA Issuer/Servicer servicer in good standing with the requisite financial criteria and adequate resources to complete the transactions contemplated hereby on the conditions stated herein. Seller is a member of MERS in good standing.

Appears in 1 contract

Samples: Mortgage Servicing Rights Purchase and Sale Agreement (Nationstar Mortgage LLC)

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