Loan Servicing Rights definition

Loan Servicing Rights means and includes all of each Obligor's rights under any of its Loan Servicing Agreements, including the rights to service Serviced Mortgages and to be compensated, directly or indirectly, for doing so.
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Loan Servicing Rights means the right to receive future cash flows from servicing loans.
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Loan Servicing Rights. Section 1.2 “NCS” Preamble “Notice” Section 8.2 “Pooling and Servicing Agreements” Section 1.2 “Pre-Operational Period Termination Payment” Section 4.1 “Purchase Price” Section 1.4 “Purchaser” Preamble “Required Consents” Section 2.3
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Examples of Loan Servicing Rights in a sentence

  • Any compensation payable by the Assuming Servicer to the Selling Servicer in connection with the sale of MPF Xtra Mortgage Loan Servicing Rights shall be as provided in the Sale of ServicingAgreement.In the event of a conflict between the Guides or the PFI Agreements and the Sale of Servicing Agreement, the Guides and PFI Agreements will control.

  • The plan also covers associated University Circle institutions that have an established partnership with the University, as evidenced by network connections between Case and these organizations.

  • The scheme operated by the Administration of Radioactive Substances Advisory Committee in the UK [24] is an example of such a system.

  • This Mortgage Loan Servicing Rights Purchase and Servicing Agreement is dated and effective as of December 1, 2006 (the “Agreement”), among HSBC Bank USA, N.A., having an address at 000 Xxxxx Xxxxxx, Xxx Xxxx, XX 00000 (the “Seller”), and Countrywide Home Loans, Inc., having an address at 0000 Xxxx Xxxxxxx, Xxxxxxxxx, Xxxxxxxxxx 00000 (“Countrywide”) and Countrywide Home Loans Servicing LP, having an address at 0000 Xxxxxxxxx Xxxxx, Xxxxx, Xxxxx 00000 (the “Servicer”).

  • When the Selling PFI takes out a Concurrent Sale MC for Mortgage Loans to be sold with Loan Servicing Rights concurrently sold to Nationstar, the Concurrent Sale MC must identify the Selling PFI as the Seller and Nationstar as the servicer.

  • Any compensationpayable by the Assuming Servicer to the Selling Servicer in connection with the sale of MPF Xtra Mortgage Loan Servicing Rights shall be as provided in the Sale of Servicing Agreement.In the event of a conflict between the Guides or the PFI Agreements and the Sale of Servicing Agreement, the Guides and PFI Agreements will control.

  • The purchase and sale of the Servicing Rights and the servicing of the Mortgage Loans as contemplated herein shall be governed by that certain Mortgage Loan Servicing Rights Purchase and Servicing Agreement dated as of [DATE], between Countrywide and the Seller (as amended herein and otherwise, the “Agreement”).

  • Some of the eligibility requirements for a pension corporate trusteeship applicant include having a minimum capital requirement of Kshs 10.0 mn and the applicant should have the professional and technical capacity and adequate operational systems to perform its functions.

  • In connection with the repurchase of any Mortgage Loan, the Selling PFI shall also be required to repurchase the Loan Servicing Rights of such repurchased Mortgage Loan from Nationstar in accordance with Chapters 8.3 and 8.4 of this Manual.

  • The Monthly Confirmation of the MSR Purchases sets forth the Servicing Released Premium or SRP for such Loan Servicing Rights that is referenced as the Purchase Price in the PFI Servicing Sale Agreement.


More Definitions of Loan Servicing Rights

Loan Servicing Rights has the meaning assigned to such term in the Recitals.
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Loan Servicing Rights means and includes all of each Obligor's
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Related to Loan Servicing Rights

  • Servicing Rights means rights of any Person, to administer, service or subservice, the Purchased Assets or to possess related Servicing Records.

  • Loan Servicer means the entity that from time to time is designated by Lender to collect payments and deposits and receive Notices under the Note, the Security Instrument, this Loan Agreement and any other Loan Document, and otherwise to service the Loan evidenced by the Note for the benefit of Lender.

  • Mortgage Servicing Rights The rights and responsibilities of Seller with respect to servicing the Mortgage Loans under the Servicing Agreements, including any and all of the following if and to the extent provided therein: (a) all rights to service a Mortgage Loan; (b) all rights to receive servicing fees, Ancillary Income, reimbursements or indemnification for servicing the Mortgage Loan, and any payments received in respect of the foregoing and proceeds thereof; (c) the right to collect, hold and disburse escrow payments or other payments with respect to the Mortgage Loan and any amounts actually collected with respect thereto and to receive interest income on such amounts to the extent permitted by Applicable Law; (d) all accounts and other rights to payment related to any of the property described in this paragraph; (e) possession and use of any and all Credit Files pertaining to the Mortgage Loan or pertaining to the past, present or prospective servicing of the Mortgage Loan; (f) to the extent applicable, all rights and benefits relating to the direct solicitation of the related Mortgagors for refinance or modification of the Mortgage Loans and attendant right, title and interest in and to the list of such Mortgagors and data relating to their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Servicing Portfolio means, as to any Person, the unpaid principal balance of Mortgage Loans serviced by that Person under Servicing Contracts, minus the principal balance of all Mortgage Loans that are serviced by that Person for others under subservicing arrangements.

  • Mortgage Loan Sale Agreement The mortgage loan sale and assignment agreement dated as of November 1, 2003, for the sale of the Mortgage Loans by the Seller to the Depositor.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Primary Servicing Agreement means the agreement between the Primary Servicer and the General Master Servicer, dated as of March 1, 2007, under which the Primary Servicer services the Mortgage Loans set forth on the schedule attached thereto.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Group I Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group I Mortgage Loans.

  • Mortgage Loan Seller Each of CREFI, GACC and JPMCB, and their respective successors in interest.

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Collateral Servicing Fee shall have the meaning set forth in Section 3.01.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Group II Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group II Mortgage Loans.

  • Substitute Servicing Agreement means a servicing agreement that contains servicing provisions which are the same as or more favorable to the Non-Lead Noteholders, in substance, to those in the Servicing Agreement (including, without limitation, all applicable provisions relating to delivery of information and reports necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities Exchange Act of 1934, as amended) and all references herein to the “Servicing Agreement” shall mean such subsequent servicing agreement; provided, however, that if a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have been obtained from each Rating Agency with respect to such subsequent servicing agreement.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.