Servicing Type definition

Servicing Type. Each Servicing Shift Loan Combination shall be an Outside Serviced Loan Combination on and after the related Servicing Shift Date.
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Servicing Type. The Loans in the Portfolio would be serviced on an actual/actual basis. Ocwen would net servicing fees, ancillary income and servicing advances monthly from collections.
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Servicing Type. The applicable Investor accounting remittance options applicable to the related Mortgage Loans.
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Examples of Servicing Type in a sentence

  • On the Edit Servicing Management Window, select Claim Type 24 – HECM Supplemental from the Servicing Type dropdown and populate the required fields (marked with an asterisk).

  • On the Edit Servicing Management Window, select Claim Type 22 - Assignment from the Servicing Type dropdown and populate the required fields (marked with an asterisk).

  • On the Edit Servicing Management Window, select Claim Type 21 – DIL/FCL from the Servicing Type dropdown and populate the required fields (marked with an asterisk).

  • Select the timeline (Servicing Type dropdown) and then select the letter name within the timeline.

  • Tasks are classified as follows:(a) Servicing Type Task – This is the most economical.If topping up, lubricating, cleaning etc.

  • Servicing Type / TimelineStep Completion Date that stops MIP collectionForeclosureForeclosure Sale DateLoss Mitigation - Deed in LieuDeed Recorded DateLoss Mitigation - Short SaleSale Closing Date Modify HERMIT MIP coverage period on Claim Form Section 311: Applies to all Claim Type 21 and Claim Type 23 regardless of FHA case number assigned date: MIP will stop collection AFTER Claim step “Submitted for Payment” is completed.

  • PROPOSER’S BUSINESS NAME: Company: Contact Name: Email: Phone: Years of Servicing: Type of goods supplied: Company: Contact Name: Email: Phone: Years of Servicing: Type of goods supplied: Company: Contact Name: Email: Phone: Years of Servicing: Type of goods supplied: IX.

  • The Contractor shall undertake work defined under the following task headings: TASK 1 - Management of manufacture and repair activities.TASK 2 - Provision of spares.TASK 3 - Repair and refurbishment.TASK 4 - Routine Servicing (Type 23 and LPDs only).TASK 5 - Operational Defect Onboard Attendance (Type 23 and LPDs only).TASK 6 - Post Design & Technical Support.

  • Figure 16: Servicing Type and FrequencyRefuse collection to service the industrial bins is proposed to be located in a single, large, paved and drained, deliver/refuse collection area to the northern side of the building.

  • On the Edit Servicing Management Window, select Claim Type 23 - Short Sale/ Mortgagor's Sale (Pre-Fcl) from the Servicing Type dropdown and populate the required fields (marked with an asterisk).

Related to Servicing Type

  • 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.

  • Servicing Transfer Any transfer of the servicing by a Prior Servicer of Mortgage Loans to the Servicer under this Agreement.

  • Servicing Transfer Date The date on which a Servicing Transfer occurs.

  • 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).

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

  • 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.

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

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

  • 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.

  • 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.

  • 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.

  • 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 Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

  • 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.

  • Master Servicer Servicing Personnel The divisions and individuals of the Master Servicer who are involved in the performance of the duties of the Master Servicer under this Agreement.

  • Servicing Addendum The terms and conditions attached hereto as Exhibit 8 which will govern the servicing of the Mortgage Loans by Seller during the Preliminary Servicing Period.

  • Non-Lead Servicing Agreement means the pooling and servicing agreement, trust and servicing agreement or other similar agreement to be entered into in connection with a Non-Lead Securitization Note.

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

  • Subsequent Mortgage Loan A Mortgage Loan sold by the Depositor to the Trust Fund pursuant to Section 2.08, such Mortgage Loan being identified on the Mortgage Loan Schedule attached to a Subsequent Transfer Instrument.

  • Special Servicer Servicing Personnel The divisions and individuals of the Special Servicer who are involved in the performance of the duties of the Special Servicer under this Agreement.

  • Servicing Agreement means such subsequent Servicing Agreement; provided, however, that until a replacement Servicing Agreement has been entered into (and such written confirmation has been obtained), the Note A-1 Holder shall cause the Mortgage Loan to be serviced pursuant to the provisions of the Servicing Agreement as if such agreement was still in full force and effect with respect to the Mortgage Loan; provided, further, however, that until a replacement Servicing Agreement is in place, the actual servicing of the Mortgage Loan may be performed by any Qualified Servicer appointed by the Note A-1 Holder and does not have to be performed by the service providers set forth under the Servicing Agreement that was previously in effect.

  • Servicing Transfer Costs All reasonable costs and expenses incurred by the Trustee in connection with the transfer of servicing from a predecessor servicer, including, without limitation, any costs or expenses associated with the complete transfer of all servicing data and the completion, correction or manipulation of such servicing data as may be required by the Trustee to correct any errors or insufficiencies in the servicing data or otherwise to enable the Trustee to service the Mortgage Loans properly and effectively.

  • Servicing In accordance with Regulation AB, the act of servicing, managing or administering the Mortgage Loans or any other assets of the Trust by an entity (other than the Certificate Administrator and the Trustee) that meets the definition of “servicer” set forth in Item 1101 of Regulation AB and is subject to the disclosure requirements set forth in Item 1108 of Regulation AB. For clarification purposes, any uncapitalized occurrence of this term shall have the meaning commonly understood by participants in the commercial mortgage-backed securities market.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • 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.

  • Servicing Bank means the Agent or the Security Trustee;