Common use of Errors and Omissions Policy Clause in Contracts

Errors and Omissions Policy. Subservicer has in full force and effect an adequate errors and omissions policy or policies satisfying all Agency Requirements with respect to its servicing operations and a standard mortgage bankers blanket bond.

Appears in 2 contracts

Sources: Mortgage Loan Interim Subservicing Agreement (Source One Mortgage Services Corp), Mortgage Loan Subservicing Agreement (Source One Mortgage Services Corp)