SERVICER REMITTANCES. A. Remittances for mortgage payments and payoffs received from servicers shall be deposited into the applicable certificate account within one business day of receipt. B. Remittances from servicers shall be reconciled to applicable loan records maintained by WFBNA during the appropriate accounting cycle. C. Reconciliations shall be performed monthly for each servicer remittance. These reconciliations shall: 1) Be mathematically accurate. 2) Be prepared within thirty (30) calendar days after the cutoff date.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2005-S2), Pooling and Servicing Agreement (J.P. Morgan Alternative Loan Trust 2005-S1), Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2004-S2)
SERVICER REMITTANCES. A. Remittances for mortgage payments and payoffs received from servicers shall be deposited into the applicable certificate account within one business day of receipt.
B. Remittances from servicers shall be reconciled to applicable loan records maintained by WFBNA Xxxxx Fargo during the appropriate accounting cycle.
C. Reconciliations shall be performed monthly for each servicer remittance. These reconciliations shall:
1) Be mathematically accurate.
2) Be prepared within thirty (30) calendar days after the cutoff date.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (CSFB Mortgage Backed Pass Through Certificates Ser 2003 23), Pooling and Servicing Agreement (CSFB Mortgage Backed Pass Through Certs Series 2003 19), Pooling and Servicing Agreement (CSFB Mortgage Backed Pass THR Certs Series 2003-25)
SERVICER REMITTANCES. A. Remittances for mortgage payments and payoffs received from servicers shall be deposited into the applicable certificate account within one business day of receipt.
B. Remittances from servicers shall be reconciled to applicable loan records maintained by WFBNA during the appropriate accounting cycle.
C. Reconciliations shall be performed monthly for each servicer remittance. These reconciliations shall:
1) Be mathematically accurate.
2) Be prepared within thirty (30) calendar days after the cutoff date.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2005-S3)
