Common use of Servicing of REO Property Clause in Contracts

Servicing of REO Property. To the extent the Seller holds title to an REO Property solely as nominee for the benefit of the owner of the Mortgage Loan, with respect to each such REO Property, the Seller shall transfer, or cause to be transferred, to the Purchaser an original, executed limited warranty deed, in recordable form on or prior to the Closing Date.

Appears in 4 contracts

Samples: Servicing Business Asset Purchase Agreement, Servicing Business Asset Purchase Agreement, Servicing Business Asset Purchase Agreement

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Servicing of REO Property. To the extent the Seller Sellers holds title to an a Serviced REO Property solely as nominee for the benefit of the owner of the Serviced Mortgage Loan, with respect to each such Serviced REO Property, the Seller Sellers shall transfer, or cause to be transferred, to the Purchaser an original, executed limited warranty quit claim deed, in recordable form on or prior to the Applicable Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Nationstar Mortgage Holdings Inc.)

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Servicing of REO Property. To the extent the Seller Sellers holds title to an a Serviced REO Property solely as nominee for the benefit of the owner of the Serviced Mortgage Loan, with respect to each such Serviced REO Property, the Seller Sellers shall transfer, or cause to be transferred, to the Purchaser an original, executed limited warranty quit claim deed, in recordable form on or prior to the Closing Date.

Appears in 1 contract

Samples: Agreement (Nationstar Mortgage LLC)

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