Common use of Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Clause in Contracts

Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage. Loan as calculated on a monthly basis. For documentation, an Amortization Schedule from date of default through liquidation breaking out the net interest and servicing fees advanced is required.

Appears in 35 contracts

Samples: Assumption and Recognition Agreement, Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2007-He1), Pooling and Servicing Agreement (TBW Mortgage-Backed Trust Series 2007-2)

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