Mortgage Selling and Servicing Contract definition

Mortgage Selling and Servicing Contract means that certain Mortgage Selling and Servicing Contract between Borrower and Xxxxxx Xxx, as amended, modified, supplemented or assigned and in effect on the date hereof.
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Mortgage Selling and Servicing Contract means that certain Mortgage Selling and Servicing Contract, dated as of September 23, 2010, as amended, supplemented and assigned, by and between Borrower and Fxxxxx Mxx.
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Mortgage Selling and Servicing Contract that current contract between Xxxxxx Mae and the Lender, relating to the sale and servicing of Mortgage Loans.
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Examples of Mortgage Selling and Servicing Contract in a sentence

  • Representations and warranties required by us are described in the Mortgage Selling and Servicing Contract, the Fannie Mae Single-Family Selling Guide (the " Selling Guide"), the Fannie Mae Single-Family Servicing Guide (the "Servicing Guide") and other Lender Contracts.

  • A breach of any provision of the Agreement shall be deemed to also be a breach of any Mortgage Selling and Servicing Contract between Licensee and Xxxxxx Xxx.

  • Any Licensee that is a party to a Xxxxxx Xxx Mortgage Selling and Servicing Contract shall also be deemed to have notice of any matter published in Fannie Mae's Selling and Servicing Guides and any bulletin, lender letter, announcement or other communication issued thereunder.

  • Except as otherwise specifically provided herein, all terms and conditions of the Fannie Mae Mortgage Selling and Servicing Contract (including the Selling and Servicing Guides and any purchase contract or any other special agreements entered into by Licensee and Fannie Mae) shall remain in force and effect.

  • The rule states that the collector, while forwarding draft notifications under Sections 5 and17 to the commissioner, shall ensure that the certificates, documents, and information mentioned in the act are appended.

  • Any decision to amend the Agreement upon suspension or termination of Licensee’s Mortgage Selling and Servicing Contract is at Xxxxxx Mae’s sole discretion.

  • The Seller delivering the loan to Fannie Mae makes all representations and warranties to Fannie Mae regarding the appraisal set forth in the Mortgage Selling and Servicing Contract, the Selling Guide and related documents, including the representation that the appraisal is obtained in a manner consistent with these Appraiser Independence Requirements.

  • In addition, upon suspension or termination of Licensee’s Mortgage Selling and Servicing Contract with Xxxxxx Mae, whether in whole or in part, Xxxxxx Xxx may amend the Agreement by providing written notice to Licensee, and the terms included in such notice will be effective immediately.

  • Representations and warranties required by Fannie Mae are described in the Mortgage Selling and Servicing Contract, the Fannie Mae Single-Family Selling Guide (the "Selling Guide"), the Fannie Mae Single-Family Servicing Guide (the "Servicing Guide") and other lender contracts (the "Lender Contract").

  • Any Licensee that is a party to a Fannie Mae Mortgage Selling and Servicing Contract shall also be deemed to have notice of any matter published in Fannie Mae's Selling and Servicing Guides and any bulletin, lender letter, announcement or other communication issued thereunder.


More Definitions of Mortgage Selling and Servicing Contract

Mortgage Selling and Servicing Contract means the Mortgage Selling and Servicing Contract, dated as of October 15, 2010, as amended and supplemented from time to time, between the Servicer and Fannie Mae, pursuant to which the Servicer is selling mortgage loans to Fannie Mae or servicing Mortgage Loans on Fannie Mae’s behalf, and any related addenda.
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Mortgage Selling and Servicing Contract means the Mortgage Selling and Servicing Contract, dated as of October 15, 2010, as amended and supplemented from time to time, between the Servicer and Xxxxxx Xxx, pursuant to which the Servicer is selling mortgage loans to Xxxxxx Mae or servicing Mortgage Loans on Xxxxxx Mae’s behalf, and any related addenda.
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Related to Mortgage Selling and Servicing Contract

  • Servicing Contract means, with respect to any Person, the arrangement, whether or not in writing, under which that Person has the right to service Mortgage Loans.

  • 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.

  • 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.

  • Pooling and Servicing Agreement The pooling and servicing agreement among Wells Fargo Asset Securities Corporation, as depositor, Wells Fargo Xxxx, N.A., as master servicer, the Trustee, and, if appxxxxxle, the Trust Administrator, relating to the issuance of the Mortgage Pass-Through Certificates.

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

  • Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of the Closing Date, between the Seller, the Issuer, the Servicer and the Indenture Trustee, as the same may be amended, modified or supplemented from time to time.

  • 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.

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

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

  • Mortgage Sale Agreement means the mortgage sale agreement dated 3 June 2005 as amended and restated on 4 October 2007, 20 May 2008 and as further amended and restated on 25 June 2014 made between Santander UK plc (1) Abbey Covered Bonds LLP (the "LLP") (2) and Deutsche Trustee Company Limited (the "Security Trustee") (3) (as the same may be or have been amended, varied or supplemented from time to time with the consent of those parties).

  • Countrywide Servicing Countrywide Home Loans Servicing LP, a Texas limited partnership and its successors and assigns.

  • 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.

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

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

  • Initial Mortgage Loan A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.

  • 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).

  • Residential mortgage loan means any loan primarily for

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.