Escrow Advance means any advance made to pay taxes or insurance premiums or any other cost or expense that, but for a shortfall in the Borrower’s Escrow Account, is payable using funds in the Borrower’s Escrow Account.
Escrow Advance. An advance made by the Servicer (including any predecessor servicer) with respect to a Mortgage Loan pursuant to the Servicer’s obligation to do so under a Designated Servicing Agreement, of real estate taxes and assessments, or of hazard, flood or primary mortgage insurance premiums, required to be paid (but not otherwise paid) by the related Obligor under the terms of the related Mortgage Loan.
Escrow Advance. Balance Total outstanding escrow advance balance.
Examples of Escrow Advance in a sentence
Corporate Advances Recovered at Termination The amount of the Total Corporate Advance balance recovered at termination Escrow Advances Recovered at Termination The amount of the Total Escrow Advance balance recovered at termination Commission The broker commission amount on liquidation Seller Concession The dollar amt of seller concessions upon liquidation.
Advance: Any P&I Advance (including Servicing Fee Advances), Escrow Advance or Corporate Advance.
Advance: Any Delinquency Advance, Escrow Advance or Corporate Advance.
Therefore in addition to the reporting requirements identified herein, not later than the fifth (5th) business day prior to the business day on which Servicer requests that Xxxxxx Mae make reimbursement to Servicer (or such other time period as mutually agreed to by the parties), Servicer shall deliver to Xxxxxx Xxx or its designee a Report applicable to T&I Escrow Advance and Corporate Servicing Advances.
No later than the second business day following the Report Date applicable to T&I Escrow Advance and Corporate Servicing Advances, Xxxxxx Mae will notify the Servicer of any discrepancies regarding T&I Escrow Advance and Corporate Servicing Advances.
More Definitions of Escrow Advance
Escrow Advance means any “Escrow Advances” (as defined in the applicable Subject Servicing Agreement or any other similar term therein) or, to the extent not so defined therein, advances in respect of real estate taxes and assessments or of hazard, flood or primary mortgage insurance premiums, required to be paid (but not otherwise paid) by or on behalf of the related Mortgagor under the terms of the related Mortgage Loan for which Servicer has a right of reimbursement under the applicable Subject Servicing Agreement.
Escrow Advance means any advance disbursed by Servicer with respect to any Mortgage Pool as required by the Xxxxxx Xxx Contract in order to pay tax obligations or insurance premiums due under any Mortgage Loan included in the related Mortgage Pool when the funds on deposit in any escrow custodial account or any other account containing escrow funds related to the applicable Mortgage Pool are insufficient to make the required payment, excluding any advance disbursed by an Interim Servicer related to Acquired MSRs until such time as Servicer completes reconciliation of such advances with the Interim Servicer and pays the Interim Servicer for such advances.
Escrow Advance. Interest on Advances: Escrow Balance: Other Advances: Suspense Balance: Servicing Advance Holdbacks: Restricted Escrow: Property Inspection: Rental Income BPO: Received: Insurance Settlement Lender Placed Received: Insurance: Other: Utilities: REO Repair Costs: Total Liquidation Proceeds: 0.00 Foreclosure Fees: Total Liquidation Expenses: 0.00 Bankruptcy: Net Liquidation Proceeds: 0.00 Eviction Costs: Loan Principal Balance: Transfer Tax: Realized Gain/Loss Amount: 0.00 Reconveyance Fees: Additional Proceeds Applied: Demand Fee: Prior Additional Proceeds: Total Holdbacks: 0.00 Loss Severity: #DIV/0! Other Fees (Including Fee Code B): Notes: UPB Accrued Interest to 0.00 COE: Xxxanced Delinquent 0.00 Interest: Stopped Delinquent Interest: Deferred Interest: Additional Interest: Total Liquidation 0.00 Expenses: EXHIBIT R FORM OF SUBSEQUENT TRANSFER AGREEMENT THIS SUBSEQUENT TRANSFER AGREEMENT, dated as of [_________], 2005 (this "Subsequent Transfer Agreement"), is entered into by and among CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP., a Delaware corporation, as depositor (the "Depositor"), DLJ MORTGAGE CAPITAL, INC., a Delaware corporation, in its capacity as seller under the Pooling and Servicing Agreement referred to below (the "Seller"), U.S. BANK NATIONAL ASSOCIATION, a national banking association, as trustee (the "Trustee") and WELLS FARGO BANK, N.A., a national banking association, in xxx capacity as trust administrator (the "Trust Administrator") and in its capacity as master servicer (the "Master Servicer").
Escrow Advance. An advance made by the Servicer (including any predecessor servicer) with respect to a Mortgage Loan in a Pool pursuant to the Servicer’s obligation to do so under the related Designated Servicing Agreement and the Xxxxxxx Mac Guide or the Xxxxxx Xxx Guide, of real estate taxes and assessments, or of hazard, flood or primary mortgage insurance premiums, required to be paid (but not otherwise paid) by the related Obligor under the terms of the related Mortgage Loan.
Escrow Advance. An advance made by the Servicer (including any predecessor servicer) with respect to a Mortgage Loan in a Designated Pool pursuant to the Servicer’s obligation to do so in accordance with a related Designated Servicing Contract and the Xxxxxxx Mac Guide and the Xxxxxxx Mac Purchase Documents, of real estate taxes and assessments, or of hazard, flood or primary mortgage insurance premiums, required to be paid (but not otherwise paid) by the related Obligor under the terms of the related Mortgage Loan.
Escrow Advance. Any advance disbursed by Servicer with respect to any Mortgage Pool as required by the Xxxxxx Mae Contract in order to pay tax obligations or insurance premiums due under any Mortgage Loan included in the related Mortgage Pool when the funds on deposit in any escrow custodial account or any other account containing escrow funds related to the applicable Mortgage Pool are insufficient to make the required payment, excluding any advance disbursed by an Interim Servicer related to Acquired MSRs until such time as Servicer completes reconciliation of such advances with the Interim Servicer and pays the Interim Servicer for such advances. Euroclear: Euroclear Bank S.A./N.V. as operator of the Euroclear System, and any successor thereto.