Common use of Transfer of Servicing to Servicer Clause in Contracts

Transfer of Servicing to Servicer. a. Servicer must accept and continue to process written notices of eligibility for interest rate relief under the SCRA that had been submitted to the prior servicer. i. Servicer may not attempt to obtain from the borrower any missing information or documents that were previously submitted by the borrower to the transferor servicer, without first contacting the transferor servicer to attempt to obtain the missing information or documents.

Appears in 9 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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