Home
Clauses
Value of Servicing Rights as Collateral for PFI Obligations
Snippet group

Common use of Value of Servicing Rights as Collateral for PFI Obligations Clause in Contracts

Related Clauses

Cross-Collateralized Mortgage Loans
Termination upon Liquidation or Repurchase of all Mortgage Loans
Termination Upon Purchase by the Master Servicer or Liquidation of All Mortgage Loans
Termination upon Liquidation or Purchase of the Mortgage Loans
Qualifying Mortgage Loans
Realization Upon Defaulted Mortgage Loans; REO Property
Servicer to Maintain Perfection and Priority
Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans
Termination of Sub-Servicing Agreements
Servicing Rights

Parent Clauses

Transfers of Servicing
Servicing Transfers Between Pfis of Different MPF Banks

Value of Servicing Rights as Collateral for PFI Obligations. The Parties agree that the value and extent of the Servicing Rights as collateral for an Assuming PFI’s obligations and the rights and obligations of any Party with respect to such collateral shall be determined in accordance with provisions of the FHLB Guide.

Appears in 4 contracts

Samples: Interbank Agreement (Federal Home Loan Bank of Boston), MPF Consolidated Interbank Agreement (Federal Home Loan Bank of Chicago), Consolidated Interbank Agreement (Federal Home Loan Bank of Pittsburgh)