Successor Subservicers. 46 Section 3.04. Liability of the Master Servicer.....................................47 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68
Appears in 9 contracts
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc), Pooling and Servicing Agreement (Residential Accredit Loans Inc), Pooling and Servicing Agreement (Residential Accredit Loans Inc)
Successor Subservicers. 46 70 Section 3.04. Liability of the Master Servicer.....................................47 .................................70 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................71 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................71 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................71 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................73 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................75 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................75 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................77 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................77 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................78 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................80 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................82 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........83 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................84 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68................................84
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (RASC Series 2005-Ks1 Trust), Pooling and Servicing Agreement (Residential Asset Securities Corp), Pooling and Servicing Agreement (RASC Series 2005-Ks11 Trust)
Successor Subservicers. 46 49 Section 3.04. Liability of the Master Servicer.....................................47 49 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ...............................................50 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ......50 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................50 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 53 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...................................................55 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 55 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................57 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................58 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................59 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 61 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 65 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 66 Section 3.17. Reports to the Trustee and the Company...............................64 67 Section 3.18. Annual Statement as to Compliance....................................64 Compliance and Servicing Assessment...........67 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 68 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 68 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 68 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.....................................................69
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (RALI Series 2006-Qa7 Trust), Pooling and Servicing Agreement (RALI Series 2006-Qs12 Trust), Pooling and Servicing Agreement (RALI Series 2006-Qa8 Trust)
Successor Subservicers. 46 51 Section 3.04. Liability of the Master Servicer.....................................47 ........................................51 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................51 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................52 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................52 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................54 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................55 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................56 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................57 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................58 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................60 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................61 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................64 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........66 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the CompanyExchange Commission; Additional Information...............................64 66 Section 3.18. Annual Statement as to Compliance....................................64 ................................67 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........68 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .................68 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer...............................................................................................68
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Residential Asset Mort Prod Inc Gmacm Mort Ln Tr 03-J2), Pooling and Servicing Agreement (Residential Asset Mor Pro Inc Gmacm Mo Pass Th Ce Se 2006 J6)
Successor Subservicers. 46 56 Section 3.04. Liability of the Master Servicer.....................................47 .................................56 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................57 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................57 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................57 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................59 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................61 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................61 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................63 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................63 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................64 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................66 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................68 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........69 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................70 Section 3.18. Annual Statement as to Compliance....................................64 Compliance and Servicing Assessment.......70 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........71 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 .........71 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 [Reserved].......................................................72 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.................................................72
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (RASC Series 2006-Ks1 Trust), Pooling and Servicing Agreement (RASC Series 2006-Emx1 Trust)
Successor Subservicers. 46 61 Section 3.04. 3.02.. Liability of the Master Servicer.....................................47 .............................................62 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ...........................................................62 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..............62 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account......................................................................63 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ....................................65 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans........................................................................67 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .............................67 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage....................................69 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ............70 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ..............................................71 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ....................................73 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..............................76 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68......................77
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 39 Section 3.04. Liability of the Master Servicer.....................................47 ............................................40 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ...................................................40 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ......40 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account....................................................40 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 42 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans.......................................................43 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 43 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder...........................................................45 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .............................................................45 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ......................................46 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 48 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 50 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................6851
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 49 Section 3.04. Liability of the Master Servicer.....................................47 ........................................49 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................50 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................50 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................50 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................53 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................54 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................54 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................56 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................57 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................58 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................60 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................62 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........64
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 38 Section 3.04. Liability of the Master Servicer.....................................47 Servicer ............................ 39 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 Certificateholders ............................... 39 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 Trustee .................................................. 39 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 ............................... 40 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 Accounts ................... 41 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 ................................ 42 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 ....................................... 43 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder ...................................... 44 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 Coverage ........................................... 45 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 Assignments ................ 46 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 Loans ................... 48 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Files ............. 50 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Interest ..... 51 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Compliance ........................... 52 Section 3.193.18. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Report ..... 52
Appears in 1 contract
Samples: Mortgage Loan Purchase Agreement (Ba Mortgage Securities Inc/)
Successor Subservicers. 46 56 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 ......................................56 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ....................................................56 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 .......57 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account...............................................................57 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 .............................59 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans.................................................................61 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 ......................61 Section 3.11. 3.11 Maintenance of the MI Policy and Primary Insurance Policies; Collections Thereunder54 Coverage...............63 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .....64 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .......................................65 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 .............................67 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Files......................61 .......................69 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 ...............71 Section 3.17. 3.17 Reports to the Trustee and the Company...............................64 Depositor..............................72 Section 3.18. 3.18 Annual Statement as to Compliance....................................64 .....................................72 Section 3.19. 3.19 Annual Independent Public Accountants' Servicing Report..............64 ...............72 Section 3.20. Rights 3.20 Right of the Company Depositor in Respect of the Master Servicer..............65 73 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders3.21 The Mortgage Insurance Co-Trustee.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................6873 ARTICLE IV
Appears in 1 contract
Samples: Custodial Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 66 Section 3.04. Liability of the Master Servicer.....................................47 .................................66 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................67 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................67 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................67 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................70 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................71 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................71 Section 3.11. Maintenance of the MI Policy and Primary Insurance Policies; Collections Thereunder54 Coverage..........73 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................73 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................75 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................76 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................78 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........80
Appears in 1 contract
Successor Subservicers. 46 49 Section 3.04. Liability of the Master Servicer.....................................47 49 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 Certificateholders ..................................................50 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ......50 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 .............................................................50 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 53 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 ......................................................55 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 55 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder57 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 58 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ......................................59 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 61 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 65 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 66 Section 3.17. Reports to the Trustee and the Company...............................64 67 Section 3.18. Annual Statement as to Compliance....................................64 Compliance and Servicing Assessment...........67 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 68 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 68 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 68 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.....................................................69 ARTICLE IV
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RALI Series 2006-Qa7 Trust)
Successor Subservicers. 46 50 Section 3.04. Liability of the Master Servicer.....................................47 ........................................50 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................50 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................51 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................51 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................53 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................54 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................55 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................56 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................57 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................59 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................60 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................63 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........65 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the CompanyExchange Commission; Additional Information...............................64 65 Section 3.18. Annual Statement as to Compliance....................................64 ................................66 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........67 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .................67 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..................................67
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mort Products Inc Gmacm Mort Ln Tr 03 J3)
Successor Subservicers. 46 50 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 .................................50 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................50 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................51 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................51 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 ........................54 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................55 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 .................56 -i- TABLE OF CONTENTS (continued PAGE Section 3.11. 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................57 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................58 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................60 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 ........................62 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Custodial Files......................61 .................65 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 ..........66 Section 3.17. 3.17 Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68...........................67
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RFMSI Series 2007-S9 Trust)
Successor Subservicers. 46 Section 3.04. Liability of the Master Servicer.....................................47 .................................46 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................46 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................46 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................46 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................46 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................46 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................46 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................46 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................46 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................46 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................46 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................46 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........47 Section 3.17. Reports to the Trustee and the Company...............................64 ...........................47 Section 3.18. Annual Statement as to Compliance....................................64 ................................47 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........47 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 ..........47 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 ..................................47 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.................................................47
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RALI Series 2004-Qa2 Trust)
Successor Subservicers. 46 28 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 .................................28 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................28 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................28 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................28 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 ........................28 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................28 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 .................28 Section 3.11. 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................28 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................28 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................28 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 ........................28 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Custodial Files......................61 .................28 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 ..........28 Section 3.17. 3.17 Reports to the Trustee and the Company...............................64 ...........................28 Section 3.18. 3.18 Annual Statement as to Compliance....................................64 ................................29 Section 3.19. 3.19 Annual Independent Public Accountants' Servicing Report..............64 ..........29 Section 3.20. 3.20 Rights of the Company in Respect of the Master Servicer..............65 ..........29 Section 3.21. 3.21 Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 ..................................29 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................683.22 Advance Facility.................................................29
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RFMSI Series 2006-S8 Trust)
Successor Subservicers. 46 43 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 ......................................44 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ....................................................44 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 .......44 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account...............................................................45 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 .............................47 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans.................................................................49 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 ......................49 Section 3.11. 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder .....................................................................51 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .....52 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .......................................53 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 .............................55 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Files......................61 .......................58 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68...............60
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)
Successor Subservicers. 46 62 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 .................................62 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ....................................62 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................62 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits Deposit to Custodial Account 48 Account................................................62 Section 3.08. 3.08 Subservicing Accounts; Servicing Subservicing Accounts............................50 .....................64 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...................................................64 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 .................64 TABLE OF CONTENTS (continued) PAGE Section 3.11. 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder ......................................................64 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................64 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................64 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 ........................64 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Custodial Files......................61 .................64 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 ..........66 Section 3.17. 3.17 Reports to the Trustee and the Company...............................64 ...........................66 Section 3.18. 3.18 Annual Statement as to Compliance....................................64 ................................66 Section 3.19. 3.19 Annual Independent Public Accountants' Servicing Report..............64 ..........66 Section 3.20. 3.20 Rights of the Company in Respect of the Master Servicer..............65 ..........66 Section 3.21. 3.21 Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 ..................................66 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................683.22 Advance Facility.................................................66
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RALI Series 2006-Qa8 Trust)
Successor Subservicers. 46 48- Section 3.04. Liability of the Master Servicer.....................................47 .............................-49- Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 . -49- Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 Trustee.-49- Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account. ............................................................-50- Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ....................-52- Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans. -53- Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .............-54- Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage....................-56- Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 Coverage.-56- Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ..........................................-58- Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ....................-60- Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..............-62- Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ......-63- Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.....................-65- Section 3.18. Annual Statement as to Compliance....................................64 ............................-65- Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ......-65- Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68.....-66-
Appears in 1 contract
Samples: Custodial Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 51 Section 3.04. Liability of the Master Servicer.....................................47 ........................................51 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ...............................................51 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................51 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................52 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................54 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...................................................55 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................56 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................57 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................58 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ..................................60 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................61 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................64 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........66 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the Company...............................64 Exchange Commission; Additional Information...........................................66 Section 3.18. Annual Statement as to Compliance....................................64 ................................67 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........68 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .................68 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer...............................................................................................68
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 62 Section 3.04. Liability of the Master Servicer.....................................47 .................................62 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................63 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................63 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................63 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................65 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................67 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................67 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................69 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................69 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................70 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................72 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................74 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........75
Appears in 1 contract
Successor Subservicers. 46 2 Section 3.04. Liability of the Master Servicer.....................................47 ..................................................2 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ................................................................2 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ...................2 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account...........................................................................2 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 .........................................2 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans.............................................................................2 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 ..................................2 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage.........................................2 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .................2 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ...................................................2 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 .........................................2 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ...................................2 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ...........................2 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor..........................................2 Section 3.18. Annual Statement as to Compliance....................................64 .................................................2 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ...........................2 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 ..........................2 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 [Reserved]........................................................................2 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility..................................................................2
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RASC Series 2005 EMX4 Trust)
Successor Subservicers. 46 79 Section 3.04. Liability of the Master Servicer.....................................47 .........................................80 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 Certificateholders ................................................80 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........80 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 ...........................................................81 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ................................84 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 85 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .........................85 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage................................87 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ........88 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ....................................89 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ................................91 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..........................95 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Eligible Master Servicing Compensation.97 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.................................98 Section 3.18. Annual Statement as to Compliance....................................64 ........................................98 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..................99
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RAMP Series 2005-Sp2 Trust)
Successor Subservicers. 46 48 Section 3.04. Liability of the Master Servicer.....................................47 ........................................48 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................49 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................49 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................49 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................51 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................Loans...............................................52 Section 3.10. Permitted Withdrawals from the Custodial Account......................................52 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................54 Section 3.12. Maintenance of Fire Hazard Insurance and Omissions and Fidelity Coverage............................................................55 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments..............................................................................56 Section 3.14. Realization Upon Defaulted Mortgage Loans....................................................58 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................60 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........61 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the CompanyExchange Commission; Additional Information...............................64 62 Section 3.18. Annual Statement as to Compliance....................................64 ................................63 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........63 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .................63 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 ..................................64 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.................................................64
Appears in 1 contract
Samples: Pooling and Servicing Agreement (GMACM Mortgage Loan Trust 2005-Aa1)
Successor Subservicers. 46 Section 3.04. Liability of the Master Servicer.....................................47 .................................46 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................46 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................46 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................46 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................49 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................49 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................49 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................49 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................49 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................49 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................49 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................49 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........49 Section 3.17. Reports to the Trustee and the Company...............................64 ...........................49 Section 3.18. Annual Statement as to Compliance....................................64 ................................49 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........49 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 ..........49 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..................................49
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc Rali Series 2004 Qa1 Trust)
Successor Subservicers. 46 55 Section 3.04. Liability of the Master Servicer.....................................47 ......................................................55 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ....................................................................55 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 .......................55 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account...............................................................................56 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 .............................................58 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans.................................................................................60 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 ......................................60 Section 3.11. Maintenance of the MI Policy and Primary Insurance Policies; Collections Thereunder54 Coverage...............................62 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .....................63 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .......................................................64 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 .............................................66 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 .......................................68 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ...............................70 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor..............................................71 Section 3.18. Annual Statement as to Compliance....................................64 .....................................................71 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ...............................71 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 ..............................72 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68The Mortgage Insurance Co-Trustee.....................................................72
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 63 Section 3.04. Liability of the Master Servicer.....................................47 .................................64 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................64 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................64 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................65 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................67 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................69 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................69 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................71 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................72 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................73 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................75 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................78 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Eligible Master Servicing Compensation.....................................................79 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................80 Section 3.18. Annual Statement as to Compliance....................................64 ................................80 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........81 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 .........81 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.................................................82
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RAMP Series 2005-Rs9 Trust)
Successor Subservicers. 46 62 Section 3.04. Liability of the Master Servicer.....................................47 ..............................62 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ......................62 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..................................62 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account..........................63 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ..............65 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...........................66 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .......66 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.................................68 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ......................................68 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ...........70 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ..............71 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes........74 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ...............................................75 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the Company...............................64 Exchange Commission; Additional Information.....................76 Section 3.18. Annual Statement as to Compliance....................................64 ......................77 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 .................................................77 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .......77 Section 3.21. Administration of Buydown Funds......................................65 Article ........................77 Section 3.22. Advance Facility.......................................78 ARTICLE IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 ...............................79 Section 4.01. Certificate Payment Account..................................................67 ........................................79 Section 4.02. Distributions........................................................67 ..........................................80 Section 4.03. Statements to Certificateholders.....................................67 .......................89 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68......................90 Section 4.05. Allocation of Realized Losses..........................91 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.....................................92 Section 4.07. Optional Purchase of Defaulted Mortgage Loans..........92 ARTICLE V THE CERTIFICATES.............................................93 Section 5.01. The Certificates.......................................93 Section 5.02. Registration of Transfer and Exchange of Certificates...........................................94 Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates......99 Section 5.04. Persons Deemed Owners..................................99
Appears in 1 contract
Samples: Pooling and Servicing Agreement (GMAC Mortgage Pass-Through Certificates, Series 2004-Ar1)
Successor Subservicers. 46 50 Section 3.04. Liability of the Master Servicer.....................................47 .......................51 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ......................51 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..................................51 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account..........................52 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ..............54 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...........................55 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .......55 Section 3.11. Maintenance of the MI Policy and Primary Insurance Policies; Collections Thereunder54 Coverage...............................................57 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ......................................58 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ...........59 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ..............61 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ........63 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ...............................................64 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor...............65 Section 3.18. Annual Statement as to Compliance....................................64 ......................65 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 .................................................66 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 ...............................................66 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68The Mortgage Insurance Co-Trustee......................66
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 78 Section 3.04. Liability of the Master Servicer.....................................47 .................................78 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................79 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................79 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................79 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................82 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................83 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................83 Section 3.11. Maintenance of the MI Policy and Primary Insurance Policies; Collections Thereunder54 Coverage..........85 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................86 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................87 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................88 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................91 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........92 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................93 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68................................93
Appears in 1 contract
Samples: Custodial Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 62 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 ........................................62 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ..................................................62 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 .........63 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account. ...........................................................63 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 ...............................66 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans. .............................................................67 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 ........................68 Section 3.11. 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage...............................69 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .......70 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................................72 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 ...............................74 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Files......................61 .........................77 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 Eligible Master Servicing Compensation.78 Section 3.17. 3.17 Reports to the Trustee and the Company...............................64 Depositor................................79 Section 3.18. 3.18 Annual Statement as to Compliance....................................64 .......................................79 Section 3.19. 3.19 Annual Independent Public Accountants' Servicing Report..............64 .................80 Section 3.20. Rights 3.20 Right of the Company Depositor in Respect of the Master Servicer..............65 ................81 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions3.21 Advance Facility........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................6881 ARTICLE IV
Appears in 1 contract
Successor Subservicers. 46 48 Section 3.04. Liability of the Master Servicer.....................................47 .........................................48 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 .............................................48 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ...........................................................48 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account.................................................49 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 .........................51 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................Loans................................................52 Section 3.10. Permitted Withdrawals from the Custodial Account.......................................52 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder........................................................54 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ..........................................................54 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments...............................................................................56 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 .........................57 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes...................60 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ...........62 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the Company...............................64 Exchange Commission; Additional Information................................62 Section 3.18. Annual Statement as to Compliance....................................64 .................................63 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ...........63 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 ..................63 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68...................................63
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 56 Section 3.04. Liability of the Master Servicer.....................................47 .................................56 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................57 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................57 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................57 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................59 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................61 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................61 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................63 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................63 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................64 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................66 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................68 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........69 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................70 Section 3.18. Annual Statement as to Compliance....................................64 ................................70 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........71 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 .........71 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 [Reserved].......................................................72 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.................................................72
Appears in 1 contract
Successor Subservicers. 46 73 Section 3.04. Liability of the Master Servicer.....................................47 ............................................................................. 73 Section 3.05. No Contractual Relationship Between Subservicer between Subservicers and Trustee the Trustee, Master Servicer, Trust Administrator or Certificateholders..........................................................47 Certificateholder.................................................................... 74 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 Trustee or Trust Administrator................ 74 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 .......................................................... 74 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ................................................................................. 76 Section 3.09. Access to Certain Documentation Collection of Taxes, Assessments and Information Regarding the Mortgage Loans ....................................................52 Similar Items; Escrow Accounts................................... 76 Section 3.10. Permitted Collection Account.................................................................................... 77 Section 3.11. Withdrawals from the Custodial Collection Account.....................52 ............................................................... 78 Section 3.113.12. Investment of Funds in the Collection Account and the Distribution Account............................ 80 Section 3.13. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Section 3.12. Maintenance of Fire Insurance Hazard Insurance, Errors and Omissions and Fidelity Coverage...55 ........................... 81 Section 3.133.14. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ............................................. 82 Section 3.143.15. Realization Upon upon Defaulted Mortgage Loans............................58 ............................................................. 83 Section 3.153.16. Trustee to Cooperate; Release of Mortgage Files......................61 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ............................................................................. 85 Section 3.17. Reports to the Trustee Title, Conservation and the Company...............................64 Disposition of REO Property................................................... 86 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Fremont Mortgage Securities Corp)
Successor Subservicers. 46 81 Section 3.04. Liability of the Master Servicer.....................................47 .................................81 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................82 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................82 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................82 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................84 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................86 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................86 Section 3.11. Maintenance of the MI Policy and Primary Insurance Policies; Collections Thereunder54 Coverage..........88 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................88 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................90 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................91 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................93 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........95 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................96 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68................................96
Appears in 1 contract
Samples: Custodial Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 67 Section 3.04. Liability of the Master Servicer.....................................47 .................................67 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................68 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................68 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................68 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................71 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................72 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................72 Section 3.11. Maintenance of the MI Policy and Primary Insurance Policies; Collections Thereunder54 Coverage..........74 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................75 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................76 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................77 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................80 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........81 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................82 Section 3.18. Annual Statement as to Compliance....................................64 ................................82 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........82
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 Section 3.04. Liability of the Master Servicer......................................................................47 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders......................................................................................................47 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... ..........................................................47 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account Account................................................48 Section 3.08. Subservicing Accounts; Servicing Accounts....................................................50 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................Loans...............................................52 Section 3.10. Permitted Withdrawals from the Custodial Account......................................52 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................54 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage............................................................55 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments..............................................................................56 Section 3.14. Realization Upon Defaulted Mortgage Loans....................................................58 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................62 Section 3.16. Servicing and Other Compensation; Compensating Interest........................63 Section 3.17. Reports to the Trustee and the Company..........................................................64 Section 3.18. Annual Statement as to Compliance....................................................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........65 Section 3.20. Rights of the Company in Respect of the Master Servicer........................65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 ..................................66 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.................................................66
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RFMSI Series 2006-S3 Trust)
Successor Subservicers. 46 51 Section 3.04. Liability of the Master Servicer.....................................47 ........................................51 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................52 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................52 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................52 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................54 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................55 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................55 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................57 Section 3.12. Maintenance of Fire Hazard Insurance and Omissions and Fidelity Coverage...55 .........................................................58 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................59 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................61 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................63 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........64 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Depositor.........................65
Appears in 1 contract
Samples: Execution (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 67 Section 3.04. Liability of the Master Servicer.....................................47 .................................67 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................67 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................68 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................68 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................70 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................71 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................72 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................73 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................74 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................75 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................77 Section 3.15. Trustee to Cooperate; Release of Mortgage Custodial Files......................61 .................79 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........80 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................81 -i- TABLE OF CONTENTS (CONTINUED) Page Section 3.18. Annual Statement as to Compliance....................................64 Compliance and Servicing Assessment.......81 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........81 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 .........82 Section 3.21. Administration [Reserved].......................................................82 Section 3.22. Advance Facility.................................................82 Section 3.23. Special Servicing................................................85 Section 3.24. Credit Risk Manager..............................................86 Section 3.25. Limitation Upon Liability of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 the Credit Risk Manager.............87 Section 4.013.26. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution Removal of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Credit Risk Manager...............................87
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RASC Series 2006-Ks7 Trust)
Successor Subservicers. 46 51 Section 3.04. Liability of the Master Servicer.....................................47 ......................51 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 .......................52 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................52 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account.......................52 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 .............55 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans........................57 TABLE OF CONTENTS (continued) Page Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 ......57 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder..............................59 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ...................................60 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ........61 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 .............63 Section 3.15. Trustee to Cooperate; Release of Mortgage Custodial Files......................61 ......67 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ............................................68 Section 3.17. Reports to the Trustee and the Company...............................64 ................69 Section 3.18. Annual Statement as to Compliance....................................64 Compliance and Servicing Assessment..........................................69 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..............................................70 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 ............................................70 Section 3.21. Administration of Buydown Funds.......................70 Section 3.22. Advance Facility......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................6871
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
Successor Subservicers. 46 67 Section 3.04. Liability of the Master Servicer.....................................47 .........................................68 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 .......................................................68 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........68 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account........................................................69 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ................................72 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...........................................................73 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .........................73 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage................................75 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .................................................................76 TABLE OF CONTENTS (CONTINUED) PAGE Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .............................77 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ................................79 Section 3.15. Trustee to Cooperate; Release of Mortgage Custodial Files......................61 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68.........................82
Appears in 1 contract
Successor Subservicers. 46 49 Section 3.04. Liability of the Master Servicer.....................................47 ........................................49 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................50 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................50 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................50 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................53 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................54 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................54 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................56 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................57 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................58 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................60 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................62 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........64 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the CompanyExchange Commission; Additional Information...............................64 65 Section 3.18. Annual Statement as to Compliance....................................64 ................................65 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........65 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .................66 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..................................66
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 71 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 .................................72 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................72 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................72 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................73 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 ........................75 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................77 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 .................77 Section 3.11. 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................79 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................80 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................81 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 ........................83 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Files......................61 ..................86 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 ..........87 Section 3.17. 3.17 Reports to the Trustee and the Company...............................64 Depositor.........................88 Section 3.18. 3.18 Annual Statement as to Compliance....................................64 ................................88 Section 3.19. 3.19 Annual Independent Public Accountants' Servicing Report..............64 ..........89 Section 3.20. Rights 3.20 Right of the Company Depositor in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68.........89
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 62 Section 3.04. Liability of the Master Servicer.....................................47 ........................................62 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................63 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................63 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................63 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................65 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................66 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................66 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................68 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................69 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................70 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................71 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................74 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........75 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the CompanyExchange Commission; Additional Information...............................64 76 Section 3.18. Annual Statement as to Compliance....................................64 ................................76 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........77 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .................77 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..................................77
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mort Pro Inc Gmacm Mo Pa Th Ce Se 03 Ar2)
Successor Subservicers. 46 65 Section 3.04. Liability of the Master Servicer.....................................47 .................................65 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................66 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................66 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................66 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................69 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................70 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................70 Section 3.11. Maintenance of the MI Policy and Primary Insurance Policies; Collections Thereunder54 Coverage..........72 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................73 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................74 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................76 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................78 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........79 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................80 Section 3.18. Annual Statement as to Compliance....................................64 ................................80 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........81 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 .........81 Section 3.21. Administration Duties of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and Under the Company; Advances by the Master Servicer.............................................................68MI Policy........................82 Section 3.22. Advance Facility.................................................82
Appears in 1 contract
Successor Subservicers. 46 52 Section 3.04. Liability of the Master Servicer.....................................47 .......................52 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ......................53 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 .............................................53 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account..........................53 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ..............56 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...........................57 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .......57 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.................................59 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ..................................60 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .......62 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ..............64 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ........66 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Interest67 Section 3.17. Reports to the Trustee and the Company...............................64 .................68 Section 3.18. Annual Statement as to Compliance....................................64 ......................68 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Report69 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Servicer69 Section 3.21. Administration of Buydown Funds......................................65 Article ........................70 ARTICLE IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)
Successor Subservicers. 46 62 Section 3.04. Liability of the Master Servicer.....................................47 .................................62 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................63 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................63 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................63 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................66 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................67 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................68 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................70 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................70 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................72 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................74 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................76 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Eligible Master Servicing Compensation.....................................................77 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................79 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68................................79
Appears in 1 contract
Successor Subservicers. 46 66 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 .................................67 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................67 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................67 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................68 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 ........................70 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................72 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 .................72 Section 3.11. 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................74 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................75 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................76 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 ........................78 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Files......................61 ..................81 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........82
Appears in 1 contract
Successor Subservicers. 46 51 Section 3.04. Liability of the Master Servicer.....................................47 ........................................51 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................52 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................52 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................52 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................55 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................56 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................56 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................58 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................59 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................60 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................62 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................64 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........66 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the CompanyExchange Commission; Additional Information...............................64 67 Section 3.18. Annual Statement as to Compliance....................................64 ................................68 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........68 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .................68 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 ..................................69 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.................................................69
Appears in 1 contract
Samples: Pooling and Servicing Agreement (GMACM Mortgage Pass-Through Certificates, Series 2004-J4)
Successor Subservicers. 46 50 Section 3.04. Liability of the Master Servicer.....................................47 ........................................50 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................50 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................51 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................51 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................53 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................54 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................55 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................57 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................57 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................59 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................61 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................63 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........65 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the CompanyExchange Commission; Additional Information...............................64 66 Section 3.18. Annual Statement as to Compliance....................................64 ................................67 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........67 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .................67 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..................................67
Appears in 1 contract
Samples: Residential Asset (Residential Asset Mort Prods Inc Gmacm Mort Loan Tr 03 J10)
Successor Subservicers. 46 62 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 ...................................63 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 .................................................63 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 ....63 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account..................................................64 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 ..........................66 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans.....................................................67 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 ...................68 Section 3.11. 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage..........................69 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ...........................................................70 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .......................71 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 ..........................73 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Files......................61 ....................76 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 ............77 Section 3.17. 3.17 Reports to the Trustee and the Company...............................64 Depositor...........................78 Section 3.18. 3.18 Annual Statement as to Compliance....................................64 ..................................79 Section 3.19. 3.19 Annual Independent Public Accountants' Servicing Report..............64 ............80 Section 3.20. Rights 3.20 Right of the Company Depositor in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68...........80
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 53 Section 3.04. Liability of the Master Servicer.....................................47 ........................................53 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................54 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................54 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................54 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................56 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................57 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................57 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................59 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................60 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................61 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................63 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................65 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........66
Appears in 1 contract
Samples: Pooling and Servicing Agreement (GMACM Mortgage Pass-Through Certificates Series 2004-Ar2)
Successor Subservicers. 46 59 Section 3.04. Liability of the Master Servicer.....................................47 .........................................59 Section 3.05. No Contractual Relationship Between Subservicer and Trustee Trustee, Insurer or Certificateholders..........................................................47 ............................................59 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........60 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account..................................................................60 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ................................63 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...........................................................64 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .........................65 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage................................66 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ........67 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ..........................................68 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ................................70 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..........................73 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Eligible Master Servicing Compensation.............................................................74 Section 3.17. Reports to the Trustee Trustee, the Insurer and the Company...............................64 Depositor....................75 Section 3.18. Annual Statement as to Compliance....................................64 ........................................76 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..................76 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 .................77 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.........................................................77
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RAMP Series 2005-Efc7 Trust)
Successor Subservicers. 46 62 Section 3.04. 3.02.. Liability of the Master Servicer.....................................47 .............................................62 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ...........................................................62 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..............63 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account......................................................................63 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ....................................66 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans........................................................................67 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .............................67 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage....................................69 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ............70 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ..............................................72 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ....................................74 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..............................76 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68......................78
Appears in 1 contract
Samples: Custodial Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 71 Section 3.04. Liability of the Master Servicer.....................................47 .................................71 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................72 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................72 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................72 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................74 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................76 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................76 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................78 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................78 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................79 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................81 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................83 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........84 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................85 Section 3.18. Annual Statement as to Compliance....................................64 ................................85 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........86
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RASC Series 2005-Ks2 Trust)
Successor Subservicers. 46 77 Section 3.04. Liability of the Master Servicer.....................................47 ...........................................78 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 .........................................................78 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ............78 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account....................................................................79 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ..................................81 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans.............................................................83 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 ...........................83 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage..................................85 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ..........86 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ............................................87 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ..................................89 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ............................91 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Eligible Master Servicing Compensation...............................................................93 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor...................................94 Section 3.18. Annual Statement as to Compliance....................................64 ..........................................94 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ....................94 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 ...................95 Section 3.21. Administration of Buydown Funds......................................65 Article Advance Facility...........................................................95 ARTICLE IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 CERTIFICATEHOLDERS Section 4.01. Certificate Account..................................................67 .......................................................100 Section 4.02. Distributions........................................................67 .............................................................100 Section 4.03. Statements to Certificateholders.....................................67 ; Statements to Rating Agencies; Exchange Act Reporting....................................................108 Section 4.04. Distribution of Reports to the Trustee and the CompanyDepositor; Advances by the Master Servicer.............................................................68....................................................111 Section 4.05. Allocation of Realized Losses.............................................113 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.............115 Section 4.07. Optional Purchase of Defaulted Mortgage Loans.............................115 Section 4.08. Limited Mortgage Loan Repurchase Right....................................116 Section 4.09. Distribution of Class A Basis Risk Shortfall Carry-Forward Amounts and Class M Basis Risk Shortfall Carry-Forward Amounts; Reserve Fund; Swap Account........................................................116 Section 4.10. [Reserved]................................................................120 Section 4.11. Derivative Contracts......................................................120 Section 4.12 Tax Treatment of Swap Payments and Swap Termination Payments..............121 ARTICLE V THE CERTIFICATES Section 5.01. The Certificates..........................................................122 Section 5.02. Registration of Transfer and Exchange of Certificates.....................124 Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.........................129 Section 5.04. Persons Deemed Owners.....................................................130 Section 5.05. Appointment of Paying Agent...............................................130 ARTICLE VI
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RAMP Series 2005-Rs6 Trust)
Successor Subservicers. 46 58 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 ...................................59 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 .................................................59 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 ....59 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account..................................................60 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 ..........................62 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans.....................................................63 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 ...................64 Section 3.11. 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage..........................65 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ...........................................................66 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .......................67 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 ..........................69 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Files......................61 ....................72 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 ............73 Section 3.17. 3.17 Reports to the Trustee and the Company...............................64 Depositor...........................74 Section 3.18. 3.18 Annual Statement as to Compliance....................................64 ..................................74 Section 3.19. 3.19 Annual Independent Public Accountants' Servicing Report..............64 ............75 Section 3.20. Rights 3.20 Right of the Company Depositor in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68...........75
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 50 Section 3.04. Liability of the Master Servicer.....................................47 ........................................50 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................50 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................51 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................51 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................53 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................54 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................55 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................56 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................57 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................59 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................60 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................63 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........65 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the CompanyExchange Commission; Additional Information...............................64 65 Section 3.18. Annual Statement as to Compliance....................................64 ................................66 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........66 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .................67 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..................................67
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 43 Section 3.04. Liability of the Master Servicer.....................................47 ........................44 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ...................................44 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ...........................................44 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account...................................45 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ...............47 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans....................................48 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 ........48 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 Thereunder..........................................50 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ....................52 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ...............53 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 .........56 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ........................................................57 Section 3.17. Reports to the Trustee and the Company...............................64 ..................57 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 .......................58 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 ........................................................58 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68.........................59
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
Successor Subservicers. 46 50 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 .........................................51 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee Trustee, Credit Enhancer or Certificateholders..........................................................47 ...........................................51 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........51 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account..................................................................52 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 ................................54 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...........................................................55 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 .........................55 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Section 3.12. 3.11 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ........56 Section 3.13. 3.12 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ..........................................58 Section 3.14. 3.13 Realization Upon Defaulted Mortgage Loans............................58 ................................60 Section 3.15. 3.14 Trustee to Cooperate; Release of Mortgage Files......................61 ..........................63 Section 3.16. 3.15 Servicing and Other Compensation; Compensating Interest..............63 .........................................64 Section 3.17. 3.16 Reports to the Trustee and the Company...............................64 ...................................65 Section 3.18. 3.17 Annual Statement as to Compliance....................................64 Compliance and Servicing Assessment...............65 Section 3.19. 3.18 Annual Independent Public Accountants' Servicing Report..............64 ..................65 Section 3.20. 3.19 Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..................66
Appears in 1 contract
Samples: Custodial Agreement (RFMSII Series 2006-Hsa1 Trust)
Successor Subservicers. 46 49 Section 3.04. Liability of the Master Servicer.....................................47 ........................................49 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................49 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................49 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................50 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................52 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................53 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................53 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................55 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................56 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................57 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................59 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................62 Section 3.16. Servicing and Other Compensation; Compensating Interest........................63 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the CompanyExchange Commission; Additional Information...............................64 Section 3.18. Annual Statement as to Compliance....................................64 ................................65 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........65 Section 3.20. Rights of the Company in Respect of the Master Servicer...............................65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..................................65
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 45 Section 3.04. Liability of the Master Servicer.....................................47 ........................................45 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................45 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................45 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................46 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................48 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................49 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................49 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................50 Section 3.12. Maintenance of Fire Hazard Insurance and Omissions and Fidelity Coverage...55 .........................................................51 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................52 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................54 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................56 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........58 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Depositor.........................58
Appears in 1 contract
Successor Subservicers. 46 49 Section 3.04. Liability of the Master Servicer.....................................47 ........................................50 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................50 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................50 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................50 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................53 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................54 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................54 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................56 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................57 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................58 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................60 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................63 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........64
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Gmacm Mortgage Pass Thru Certs Series 2003-J8)
Successor Subservicers. 46 62 Section 3.04. 3.02.. Liability of the Master Servicer.....................................47 .............................................62 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ...........................................................63 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..............63 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account......................................................................63 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ....................................66 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans........................................................................67 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .............................68 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage....................................69 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ............70 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ..............................................72 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ....................................74 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..............................77 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68......................78
Appears in 1 contract
Samples: Custodial Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 73 Section 3.04. Liability of the Master Servicer.....................................47 ......................................74 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ....................................................74 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 .......74 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account...............................................................74 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 .............................77 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans.................................................................78 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 ......................79 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage.............................81 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .....81 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .......................................83 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 .............................84 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 .......................87 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ...............88 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor..............................89 Section 3.18. Annual Statement as to Compliance....................................64 .....................................90 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ...............90 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................6891
Appears in 1 contract
Samples: Custodial Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 78 Section 3.04. Liability of the Master Servicer.....................................47 ...............................79 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 .............................................79 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 Trustee79 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account........................................................80 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ......................82 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans..........................................................83 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 ...............83 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage......................85 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 Coverage86 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ................................87 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ......................89 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ................92 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ........93 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.......................95 Section 3.18. Annual Statement as to Compliance....................................64 ..............................95 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ........95 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68.......96
Appears in 1 contract
Samples: Custodial Agreement (Residential Asset Mortgage Products Inc)
Successor Subservicers. 46 79 Section 3.04. Liability of the Master Servicer.....................................47 .........................................80 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 .......................................................80 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........80 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account..................................................................81 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ................................83 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...........................................................85 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .........................85 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage................................87 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ........87 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ..........................................89 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ................................90 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..........................93 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Eligible Master Servicing Compensation.............................................................94 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.................................95 Section 3.18. Annual Statement as to Compliance....................................64 ........................................95 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..................96 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 .................96 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.........................................................97
Appears in 1 contract
Successor Subservicers. 46 18 Section 3.04. 3.04 Liability of the Master Servicer.....................................47 ................................................. 18 Section 3.05. 3.05 No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................................... 18 Section 3.06. 3.06 Assumption or Termination of Subservicing Agreements by Trustee..... 47 .................. 18 Section 3.07. 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account.......................................................................... 18 Section 3.08. 3.08 Subservicing Accounts; Servicing Accounts............................50 ........................................ 18 Section 3.09. 3.09 Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans............................................................................ 18 Section 3.10. 3.10 Permitted Withdrawals from the Custodial Account.....................52 ................................. 18 TABLE OF CONTENTS (continued) Page Section 3.11. 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder............ 18 Section 3.12. 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 ................ 18 Section 3.13. 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .................................................. 18 Section 3.14. 3.14 Realization Upon Defaulted Mortgage Loans............................58 ........................................ 18 Section 3.15. 3.15 Trustee to Cooperate; Release of Mortgage Custodial Files......................61 ................................. 18 Section 3.16. 3.16 Servicing and Other Compensation; Compensating Interest..............63 .......................... 18 Section 3.17. 3.17 Reports to the Trustee and the Company...............................64 ........................................... 18 Section 3.18. 3.18 Annual Statement as to Compliance....................................64 ................................................ 19 Section 3.19. 3.19 Annual Independent Public Accountants' Servicing Report..............64 .......................... 19 Section 3.20. 3.20 Rights of the Company in Respect of the Master Servicer..............65 .......................... 19 Section 3.21. 3.21 Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 .................................................. 19 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................683.22 Advance Facility................................................................. 19
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)
Successor Subservicers. 46 55 Section 3.04. Liability of the Master Servicer.....................................47 ........................................55 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................55 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................55 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................56 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................58 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................59 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................59 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................61 Section 3.12. Maintenance of Fire Hazard Insurance and Omissions and Fidelity Coverage...55 .........................................................61 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................63 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................64 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................67 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........68 Section 3.17. Reports to Periodic Filings with the Trustee Securities and the CompanyExchange Commission; Additional Information...............................64 69 Section 3.18. Annual Statement as to Compliance....................................64 ................................70 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ..........70 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 .................70 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 ..................................70 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility.................................................71
Appears in 1 contract
Successor Subservicers. 46 64 Section 3.04. Liability of the Master Servicer.....................................47 .................................64 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................65 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................65 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................65 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................68 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................69 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................69 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage........................71 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................71 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................72 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................74 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................76 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ..........77 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor.........................78 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68................................79
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 54 Section 3.04. Liability of the Master Servicer.....................................47 ................................54 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ..............................................55 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 .. ................................................................55 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account...............................................55 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 .......................58 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans..................................................59 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 ................59 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder......................................................61 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 . ..............................................................................62 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .................................64 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 .......................66 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 .................68 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 .........69 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........................70
Appears in 1 contract
Samples: Custodial Agreement (Residential Funding Mortgage Securities I Inc)
Successor Subservicers. 46 49 Section 3.04. Liability of the Master Servicer.....................................47 ........................................49 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................49 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................50 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................50 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................52 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................53 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................54 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................55 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................56 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................58 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................59 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................62 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........64
Appears in 1 contract
Samples: Pooling and Servicing Agreement (GMACM Mortgage Pass-Through Certificates, Series 2004-J6)
Successor Subservicers. 46 62 Section 3.04. Liability of the Master Servicer.....................................47 ......................................62 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ....................................................62 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 .......63 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account. 63 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 .............................65 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans. 66 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 ......................67 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Coverage.............................68 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .....69 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 ...................................................70 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 .............................72 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 .......................74 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 ...............75 Section 3.17. Reports to the Trustee and the Company...............................64 Depositor..............................76 Section 3.18. Annual Statement as to Compliance....................................64 .....................................76 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 ...............76 Section 3.20. Rights Right of the Company Depositor in Respect of the Master Servicer..............65 77 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 [Reserved]............................................................77 Section 4.013.22. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68Advance Facility......................................................77 ARTICLE IV
Appears in 1 contract
Samples: Pooling and Servicing Agreement (RASC Series 2005-Ahl1 Trust)
Successor Subservicers. 46 66 Section 3.04. Liability of the Master Servicer.....................................47 .................................66 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................67 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................67 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................67 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................70 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................71 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................71 Section 3.11. Maintenance of the MI Policy and Primary Insurance Policies; Collections Thereunder54 Coverage..........73 Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity Coverage...55 .........................................................74 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................75 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................76 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 ..................79 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........80
Appears in 1 contract
Samples: Custodial Agreement (Residential Asset Securities Corp)
Successor Subservicers. 46 51 Section 3.04. Liability of the Master Servicer.....................................47 ........................................52 Section 3.05. No Contractual Relationship Between Subservicer and Trustee or Certificateholders..........................................................47 ............................................52 Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee..... 47 ..........................................................52 Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to Custodial Account 48 Account................................................52 Section 3.08. Subservicing Accounts; Servicing Accounts............................50 ........................54 Section 3.09. Access to Certain Documentation and Information Regarding the Mortgage Loans ....................................................52 Loans...............................................55 Section 3.10. Permitted Withdrawals from the Custodial Account.....................52 .................56 Section 3.11. Maintenance of the Primary Insurance Policies; Collections Thereunder54 Thereunder.......................................................57 Section 3.12. Maintenance of Fire Hazard Insurance and Omissions and Fidelity Coverage...55 .........................................................58 Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.........................................................56 .....................59 Section 3.14. Realization Upon Defaulted Mortgage Loans............................58 ........................61 Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................61 Notes..................63 Section 3.16. Servicing and Other Compensation; Compensating Interest..............63 Section 3.17. Reports to the Trustee and the Company...............................64 Section 3.18. Annual Statement as to Compliance....................................64 Section 3.19. Annual Independent Public Accountants' Servicing Report..............64 Section 3.20. Rights of the Company in Respect of the Master Servicer..............65 Section 3.21. Administration of Buydown Funds......................................65 Article IV PAYMENTS TO CERTIFICATEHOLDERS...........................................67 Section 4.01. Certificate Account..................................................67 Section 4.02. Distributions........................................................67 Section 4.03. Statements to Certificateholders.....................................67 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................................68..........64
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Gmacm Mortgage Loan Trust 2005-Af1)
