Subservicing Fee Rate definition

Subservicing Fee Rate. The per annum rate designated on the Mortgage Loan Schedule as the "SUBSERV FEE".
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Subservicing Fee Rate. For any date of determination, ____% per annum.
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Subservicing Fee Rate. With respect to each Home Loan, the amount payable to the related Subservicer, equal to 0.50% per annum.
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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.

  • Examples • Early in her maternity leave, a woman receiving maternity-related pay becomes entitled to an increase of pay.

  • SERVICING FEE RATE: With respect to any Mortgage Loan, the sum of the related Master Servicing Fee Rate and the Subservicing Fee Rate.

  • 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.

  • SUBSERVICING FEE: With respect to each Mortgage Loan and any date of determination, the product of (i) the Subservicing Fee Rate divided by 12 and (ii) the Principal Balance of such Mortgage Loans as of such date.


More Definitions of Subservicing Fee Rate

Subservicing Fee Rate. With respect to each Home Equity Loan, 0.50% per annum.
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Subservicing Fee Rate. As to each Mortgage Loan, the rate per annum set forth in the Mortgage Loan Schedule as the “SUBSERV FEE”.
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Subservicing Fee Rate. With respect to any Mortgage Loan, [____]% per annum.
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Subservicing Fee Rate. With respect to each Mortgage Loan, 0.25% per annum, respectively.
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Subservicing Fee Rate. On each Group 1 Loan, a rate equal to 0.375% per annum. On each Group 2 Loan, a rate equal to 0.250% per annum, with such rate increasing to 0.750% per annum for any Group 2 Loan that becomes a Specially Serviced Multifamily Loan.
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Subservicing Fee Rate. With respect to any Mortgage Loan serviced by GMACM on behalf of the Trust Fund, the “GMACM Subservicing Fee Rate” as defined in the GMACM Reconstituted Servicing Agreement reconstituting the GMACM Sub-Servicing Agreement.
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Subservicing Fee Rate. On each Group 1 Loan, a rate equal to 0.375% per annum. On each Group 2 Loan, a rate equal to (i) 0.25% per annum.
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