Common use of Subservicer Clause in Contracts

Subservicer. Any Person that services Mortgage Loans on behalf of the Company or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Company under this Agreement or any Reconstitution Agreement that are identified in Item 1122(d) of Regulation AB.

Appears in 11 contracts

Samples: Seller’s Warranties and Servicing Agreement (Sequoia Mortgage Trust 2007-2), Seller's Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-4), Assignment, Assumption and Recognition Agreement (MASTR Alternative Loan Trust 2006-1)

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Subservicer. Any Person that services the Mortgage Loans on behalf of the Company Servicer or any Subservicer Subcontractor and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Company Servicer under this Agreement or any Reconstitution Agreement that are identified in Item 1122(d) of Regulation AB.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (First NLC Securitization, Inc.), Pooling and Servicing Agreement (Lares Asset Securitization, Inc.), Transfer and Servicing Agreement (Lares Asset Securitization, Inc.)

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Subservicer. Any Person that services Mortgage Loans on behalf of the Company (as servicer under a Reconstitution Agreement) or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Company under this Agreement or any Reconstitution Agreement that are identified in Item 1122(d) of Regulation AB. THIRD PARTY ORIGINATOR: Each Person, other than a Qualified Correspondent, that originated Mortgage Loans acquired by the Company.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2006-Ac2)

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