Examples of Subservicing Fee Rate in a sentence
With respect to each Serviced Mortgage Loan serviced under this Agreement, the “GMACM Subservicing Fee” shall be an amount equal to (a) one-twelfth the product of (i) the GMACM Subservicing Fee Rate and (ii) the outstanding principal balance of such Serviced Mortgage Loan as of the first day of the related month.
The “GMACM Subservicing Fee” for the Serviced Mortgage Loans serviced under this Agreement shall be an amount equal to (a) one-twelfth the product of (i) the GMACM Subservicing Fee Rate and (ii) the outstanding principal balance of the such Serviced Mortgage Loan as of the first day of the related month.
With respect to the Stonebriar mortgage loan, from and after the related Servicing Shift Date, the Subservicing Fee Rate shall be 0.00000%, the Primary Servicing Fee Rate shall be 0.00000%, the Outside Servicing Fee Rate shall be 0.00125%, the Serviced Companion Loan Servicing Fee Rate shall be 0.00000%, and such Mortgage Loan will no longer be part of a Serviced Whole Loan.
With respect to the 00 Xxxx 00xx Xxxxxx mortgage loan, from and after the related Servicing Shift Date, the Subservicing Fee Rate shall be 0.00000%, the Primary Servicing Fee Rate shall be 0.00000%, the Outside Servicing Fee Rate shall be 0.00250%, the Serviced Companion Loan Servicing Fee Rate shall be 0.00000%, and such Mortgage Loan will no longer be part of a Serviced Whole Loan.
SERVICING FEE RATE: With respect to any Mortgage Loan, the sum of the related Master Servicing Fee Rate and the Subservicing Fee Rate.