Base Subservicing Fee Clause Samples
Base Subservicing Fee. As compensation for its services with respect to the Subject Servicing Agreements, Servicer shall pay Ocwen a monthly base subservicing fee for each calendar month during which Ocwen is servicing Mortgage Loans with respect to Subject Servicing Agreements pursuant to this Subservicing Supplement equal to 12.00% of the aggregate Servicing Fees actually received by Servicer pursuant to the Subject Servicing Agreements during such calendar month (the “Base Subservicing Fee”).
Base Subservicing Fee. The base subservicing fees shall be set in each Subservicing Agreement and shall be competitive for the type of ▇▇▇▇▇▇ ▇▇▇ Subservicing Appointments that are subject to such Subservicing Agreement. ▇▇▇▇▇▇ ▇▇▇ and Nationstar may collaborate on the production of a quarterly market survey of subservicing fees and compensation to inform the determination of the base subservicing fee for each Subservicing Agreement.