Days Delinquent. Within 5 days of sending the "16-Day Late Notice," LSRs will make at least two attempted phone contacts per week with the borrowers to discuss the delinquency of the loan and potential resolutions to the delinquency. If payment has not been received by the 21st day, the "21-Day Late Notice" is sent.
Appears in 2 contracts
Sources: Sale and Master Servicing Agreement (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-2), Sale and Master Servicing Agreement (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-1)