Retained Servicing Spread definition

Retained Servicing Spread. The rights of Seller, severable from each (and all) of the other rights under the applicable Servicing Agreements, to a percentage of the Total Servicing Spread, which percentage is equal to 100% minus the Future Excess Servicing Spread Percentage.
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Retained Servicing Spread. The rights of Seller, severable from each (and all) of the other rights under the applicable Servicing Agreement, to the sum, for each Mortgage Loan, of the product of the applicable Retained Percentage and the portion of the Total Servicing Spread attributable to such Mortgage Loan.
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Retained Servicing Spread. All Servicing Fees in respect of the Originated MSR Portfolio and the Purchased MSR Portfolio in excess of the Base Servicing Fee, net of the related Excess Spread, and not including any Ancillary Income or Advance Reimbursement Amounts.
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Examples of Retained Servicing Spread in a sentence

  • Retained Servicing Spread Percentage: 100% minus the Current Excess Servicing Spread Percentage.

  • Pursuant to the Spread Agreements, the monthly servicing fees received by Nationstar with respect to the Mortgage Loans (the “Servicing Fees”) are deposited into custodial accounts (the “Spread Accounts”) for the purpose of distributing the Excess Spread to the Purchasers and the Base Fees and Retained Servicing Spread (as defined in the Purchase Agreements) to Nationstar.

  • The rights of Seller, severable from each (and all) of the other rights under the applicable Servicing Agreement, to the Retained Servicing Spread Percentage of the Total Servicing Spread.

  • The rights of Seller, severable from each (and all) of the other rights under the applicable Servicing Agreements, to the Retained Servicing Spread Percentage of the Total Servicing Spread.

  • An amount equal to the product of (A) (i) the Pre-Closing Period Servicing Spread Collections minus (ii) the Pre-Closing Period Base Servicing Fee, multiplied by (B) the Retained Servicing Spread Percentage.

  • An amount equal to the product of (A)(i) the Pre-Closing Period Servicing Spread Collections minus (ii) the Pre-Closing Period Base Servicing Fee, multiplied by (B) the Retained Servicing Spread Percentage.

  • The interest rate is variable; at the balance sheet date it is (0,456+2,5 spread) 2,706 %.

  • Participation Interest: Each participating beneficial ownership interest (of the type and nature contemplated by 11 U.S.C. § 541(d) of the United States Bankruptcy Code) in Excess Spread, or, in the case of the MSR Retained Spread PC, in Retained Servicing Spread and Advance Reimbursement Amounts, with respect to a Portfolio, and proceeds thereof together with the other rights and privileges specified in a Participation Agreement as evidenced by the issuance of a Participation Certificate.

  • Participation Certificate, dated as of December 19, 2016, evidencing a participation interest granted to the Indenture Trustee in the Retained Servicing Spread and Advance Reimbursement Amounts in Originated MSRs and Purchased MSRs, as more particularly described in the Originated MSR Excess and Retained Spread Participation Agreement (the “MSR Retained Spread PC”).

  • GOSWAMI, “ICC left reeling as arbitration court chairman Tercier resigns”, The Lawyer 31 March 2008, www.thelawyer.com/icc-left-reeling-as-arbitration-court-chariman-tercier-resigns/131959.article; in the same sense, see S.


More Definitions of Retained Servicing Spread

Retained Servicing Spread means all Servicing Fees in respect of the Originated MSR Portfolio and the Purchased MSR Portfolio in excess of the Base Servicing Fee, net of the related Excess Spread, and not including any Ancillary Income or Advance Reimbursement Amounts.
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Retained Servicing Spread means the rights of PMAC with respect to the Eligible Servicing Rights, severable from each (and all) of the other rights under the applicable Servicing Contract and Excess Servicing Spread Acquisition Agreement, to the Retained Servicing Spread Percentage of the Total Servicing Spread.
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Retained Servicing Spread. Percentage: 100% minus the Current Excess Servicing Spread Percentage.
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Retained Servicing Spread. The rights of Seller, severable from each (and all) of the other rights under the Servicing Agreement, to the Retained Servicing Spread Percentage of the Total Servicing Spread. Retained Servicing Spread Percentage: 100% minus the Current Excess Servicing Spread Percentage. Sale Date: December 31, 2012; provided that all conditions precedent to the obligations of the Purchaser and the Seller as set forth in Article IX and Article X hereof shall have been satisfied or waived on such date, and all items to be delivered pursuant to Section 2.03 and Section 2.04 hereof shall have been delivered as of such date (or delivery of such items shall have been waived).
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Related to Retained Servicing Spread

  • Interim Servicing Period The period from the Closing Date to the related Servicing Transfer Date.

  • Primary Servicing Fee Rate means, with respect to each Mortgage Loan, the rate that corresponds to such Mortgage Loan set forth on Exhibit A hereto under the heading “Primary Servicing Fee.”

  • Primary Servicing Fee means, with respect to each Mortgage Loan and REO Mortgage Loan, the fee payable to the Primary Servicer pursuant to Section 3.01(c)(20) of this Agreement.

  • Period Servicing Amount means, for any twelve month period with respect to each of the Shared-Loss Agreements during which the loss-sharing provisions of the applicable Shared-Loss Agreement are in effect, the product of (i) the simple average of the principal amount of Shared-Loss Loans and Shared-Loss Assets (other than the Shared-Loss Securities) (in each case as defined in the Shared-Loss Agreements), as the case may be, at the beginning of such period and at the end of such period times (ii) one percent (1%).

  • Excess Servicing Fee Rate The rate of 0.0% per annum with respect to each Mortgage Loan.

  • Excess Servicing Fees With respect to each Mortgage Loan (including an REO Mortgage Loan), that portion of the Servicing Fee that accrues at a per annum rate equal to the Excess Servicing Fee Rate.

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

  • Master Servicing Fee Rate With respect to each Mortgage Loan, 0.25% per annum.

  • Subservicing Fee As to any Mortgage Loan, the fee payable monthly to the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to the Master Servicer) in respect of subservicing and other compensation that accrues at an annual rate equal to the excess of the Mortgage Rate borne by the related Mortgage Note over the rate per annum designated on the Mortgage Loan Schedule as the "CURR NET" for such Mortgage Loan.

  • Excess Servicing Fee For each calendar month, as to each Mortgage Loan, the portion of the related Excess Servicing Fee Rate applicable to such month (determined in the same manner as the applicable Mortgage Rate determined for such Mortgage Loan for such month) multiplied by the Scheduled Principal Balance of such Mortgage Loan immediately before the Due Date occurring in such month, but prorated for the number of days during the calendar month for such Mortgage Loan for which interest actually accrues on such Mortgage Loan and only from collections on such Mortgage Loan.

  • Net Servicing Fee Rate means (a) so long as the Seller or The Bank of New York is the Servicer, 1.25% per annum and (b) if the Seller or The Bank of New York is no longer the Servicer, 2.0% per annum.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.

  • 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.

  • Servicing Rate means 1.00% per annum.

  • Cumulative Servicing Amount means the sum of the Period Servicing Amounts for every consecutive twelve-month period prior to and ending on the True-Up Measurement Date in respect of each of the Shared-Loss Agreements during which the loss- sharing provisions of the applicable Shared-Loss Agreement is in effect.

  • Subservicing Fee Rate The per annum rate designated on the Mortgage Loan Schedule as the "SUBSERV FEE".

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.

  • Servicing Fee Rate With respect to each Mortgage Loan, 0.50% per annum.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Series Servicing Fee Percentage means 2% per annum.

  • Performing Mortgage Loan Any Mortgage Loan or Serviced Pari Passu Companion Loan that is not a Specially Serviced Mortgage Loan.