Common use of Transfer of Servicing of Loans Clause in Contracts

Transfer of Servicing of Loans. 1. This paragraph (IV.G) shall apply to all sales or transfers of servicing, including subservicing. Ordinary Transfer of Servicing from Servicer to Successor Servicer or Subservicer. a. At the time of transfer or sale, Servicer shall inform the successor servicer whether the borrower has been granted SCRA protections or a written notice of eligibility for interest rate relief under the SCRA has been submitted.

Appears in 9 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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