Examples of Fremont Mortgage Loans in a sentence
Notwithstanding anything to the contrary contained in this section 5.03(c), the Servicer shall have no obligation to make any P&I Advances with respect to the Fremont Mortgage Loans before the Servicing Transfer Date.
With respect to the Fremont Mortgage Loans, in the event of any conflict between the provisions of this Agreement and the provisions of the Interim Servicing Agreement, the provisions of the Interim Servicing Agreement shall control.
From and after the Closing Date to the Servicing Transfer Date, the Fremont Mortgage Loans will be serviced and administered by the Interim Servicer pursuant to the Interim Servicing Agreement, and the Servicer will have no responsibility to service or administer the Fremont Mortgage Loans, or have any other obligation or liability with respect to the Fremont Mortgage Loans during that period.
From and after the Servicing Transfer Date (except with respect to the obligation to make P&I Advances (except with respect to the Fremont Mortgage Loans and the Conduit Mortgage Loans) which obligations shall be applicable from and after the Closing Date)), JPMorgan, and its successors in interest, and, if a successor servicer is appointed hereunder, such successor.
Prior to the Servicing Transfer Date, "Servicer" shall mean Fremont with respect to the Fremont Mortgage Loans, Acoustic with respect to the Acoustic Mortgage Loans, EquiFirst with respect to the EquiFirst Mortgage Loans, Meritage with respect to the Meritage Mortgage Loans previously identified to the Trustee by the Depositor or its designee.
The Depositor shall use reasonable efforts to cause the Purchaser, with respect to the Acoustic Mortgage Loans and the First NLC Mortgage Loans, or Fremont, with respect to the Fremont Mortgage Loans, to deliver, at the Purchaser's or Fremont's, as applicable, expense, to the related Servicer and in no event shall the related Servicer be responsible for such expense.
From and after the Closing Date to the related Servicing Transfer Date, the Fremont Mortgage Loans will be serviced and administered by Fremont pursuant to the Fremont Servicing Agreement, and Ocwen will have no responsibility to service or administer the Fremont Mortgage Loans or have any other obligation with respect to the Fremont Mortgage Loans during that period.
Except with respect to Fremont Mortgage Loans representing approximately 22.65% of the aggregate principal balance of Fremont Mortgage Loans as of the Cut-off Date, all payments required to be made up to the related Servicing Transfer Date for the Mortgage Loan under the terms of the Mortgage Note, other than payments not yet 30 days delinquent, have been made and credited.
The Depositor shall use reasonable efforts to cause the Purchaser, with respect to the Acoustic Mortgage Loans and the First NLC Mortgage Loans, or Fremont, with respect to the Fremont Mortgage Loans, to forward to the Trustee additional documents evidencing an assumption, modification, consolidation or extension of a Mortgage Loan approved by the applicable Original Loan Seller in accordance with the terms of the applicable Purchase Agreement.
The Depositor shall use reasonable efforts to cause the Purchaser, with respect to the Acoustic Mortgage Loans and the First NLC Mortgage Loans, or Fremont, with respect to the Fremont Mortgage Loans, to cause the Assignments of Mortgage with completed recording information to be provided to the related Servicer in a reasonably acceptable manner.