Subsequent Actions. Upon acquisition by the Trustee, the Servicer shall promptly notify, if applicable, the respective Primary Mortgage Insurer and/or the respective Pool Insurer, indicating the details of the transaction and reasons for the conveyance and providing such other information as is required under a Primary Inspection Report to, if applicable, the Primary Mortgage Insurer and/or the Pool Insurer. Title shall be conveyed directly from the Borrower to the Trustee or to such other Person designated by the Master Servicer.
Appears in 49 contracts
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar15 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-7 Trust)
Subsequent Actions. Upon acquisition by the Trustee, the Servicer shall promptly notify, if applicable, the respective Primary Mortgage Insurer and/or the respective Pool Insurer, indicating the details of the transaction and reasons for the conveyance and providing such other information as is required under a Primary Inspection Report to, if applicable, the Primary Mortgage Insurer and/or the Pool Insurer. Title shall be taken in the name of the Trustee or its nominee and shall be conveyed directly from the Borrower to the Trustee or to such other Person designated by the Master Servicernominee.
Appears in 3 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008 -1 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008-Ar1 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008-Ar2 Trust)
