Serviced Mortgagor definition

Serviced Mortgagor means the obligor(s) (including any lessee(s), borrower(s) or guarantor(s)) under a Mortgage Loan for which any Seller is acting as Servicer.
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Examples of Serviced Mortgagor in a sentence

  • Purchaser shall prepare and provide to the Sellers, within thirty (30) Business Days after the applicable Servicing Transfer Date, an Affidavit and Assignment of Claim or any similar forms as may be required in any relevant foreign jurisdiction and shall be acceptable to the Sellers, for each Serviced Mortgage Loan where a Serviced Mortgagor under such Serviced Mortgage Loan is in bankruptcy as of the applicable Servicing Transfer Date.

  • All Serviced Mortgagor, Investor and Insurer correspondence, Tax or other bills or other correspondence or documentation relating to any of the Serviced Mortgage Loans received by the Sellers after such Servicing Transfer Date shall be forwarded by the Sellers to Purchaser within two (2) Business Days after receipt and proper identification by overnight mail or wire transfer for ninety (90) days after the such Servicing Transfer Date.