REO Disposition Proceeds definition

REO Disposition Proceeds. Amounts received by the Servicer in connection with a related REO Disposition.
REO Disposition Proceeds. Amounts received by the Company in connection with a related REO Disposition. REO Property: A Mortgaged Property acquired by the Company on behalf of the Purchaser as described in Section 4.13.

Examples of REO Disposition Proceeds in a sentence

  • With respect to any REO Property, upon a REO Disposition, the Servicer shall be entitled to retain from REO Disposition Proceeds a disposition fee equal to $1,500.

  • The REO Disposition Proceeds from the sale of the REO Property shall be promptly deposited in the Custodial Account.

  • With respect to any REO Property, upon a REO Disposition, the Servicer shall be entitled to retain from REO Disposition Proceeds a disposition fee equal to $1,250.

  • The Servicer shall be entitled to recover any unpaid Option One Servicing Fee and the Seller shall be entitled to recover the Seller Remittance Amount, to the extent not remitted, out of Insurance Proceeds, Condemnation Proceeds, REO Disposition Proceeds or Liquidation Proceeds to the extent permitted in Section 3.04 and out of amounts derived from the operation and sale of an REO Property to the extent permitted by Section 3.12.

  • The Servicer shall be entitled to recover any unpaid Xxxxx Fargo Servicing Fee and the Seller shall be entitled to recover the Seller Remittance Amount, to the extent not remitted, out of Insurance Proceeds, Condemnation Proceeds, REO Disposition Proceeds or Liquidation Proceeds or other amounts on deposit in the Custodial Account, to the extent permitted in Section 3.04 and out of amounts derived from the operation and sale of an REO Property to the extent permitted by Section 3.17.


More Definitions of REO Disposition Proceeds

REO Disposition Proceeds. Amounts received by the Seller in connection with an REO Disposition.
REO Disposition Proceeds means all amounts received with respect to an REO Disposition pursuant to Section 2.16.
REO Disposition Proceeds. All amounts received with respect to an REO Disposition pursuant to Subsection 11.12. REO Property: A Mortgaged Property acquired by the Servicer through foreclosure or deed in lieu of foreclosure, as described in Subsection 11.12.
REO Disposition Proceeds. All amounts received with respect to an REO Property pursuant to the applicable Servicing Agreement.
REO Disposition Proceeds. All amounts received with respect to an REO Property pursuant to Section 4.15.
REO Disposition Proceeds means all amounts received with respect to a REO Disposition pursuant to Section 4.17 of the Mortgage Loan Purchase and Servicing Agreement, net of (i) costs related thereto (including unreimbursed Servicing Advances) and (ii) unreimbursed Monthly Advances relating to the related Mortgage Loan (but excluding any Excluded Amounts with respect to any HELOC).
REO Disposition Proceeds. All amounts received with respect to an ------------------------ REO Disposition.