Common use of Servicing of Delinquent Mortgage Loans Clause in Contracts

Servicing of Delinquent Mortgage Loans. (a) Prior to the Commencement of Foreclosure of any Mortgage Loan, the Company shall provide, or cause the related servicer to provide, the Class B Holder with a notice (sent by telecopier) of such proposed and imminent foreclosure, stating the loan number and the aggregate amount due under the Mortgage Note.

Appears in 29 contracts

Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-1a), Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 1999-5), Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-5)

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Servicing of Delinquent Mortgage Loans. (a) Prior to the Commencement of Foreclosure of any Mortgage Loan, the Company shall provide, or cause the related servicer to provide, the Class B Holder with a notice (sent by telecopier) of such proposed and imminent foreclosure, stating the loan number and the aggregate amount due under the Mortgage Note.

Appears in 16 contracts

Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Mort Ps THR CRTS Ser 2003-7), Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-4), Pooling and Servicing Agreement (Multi-Class Mortgage Pass-Through Certificates Series 2003-9)

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