Common use of Administration and Servicing Clause in Contracts

Administration and Servicing. OF MORTGAGE LOANS Section 3.01 Master Servicer to Act as Servicer. (See Section 3.01 of the Standard Terms) Section 3.02 Subservicing Agreements Between Master Servicer and Subservicers; Enforcement of Subservicers' and Sellers' Obligations. (See Section 3.02 of the Standard Terms)

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (RALI Series 2006-Qs12 Trust), Pooling and Servicing Agreement (RALI Series 2007-Qs7 Trust), Series Supplement to Pooling and Servicing Agreement (RALI Series 2006-Qs14 Trust)