Common use of FMC Clause in Contracts

FMC. Servicer shall provide FMC with web-based, view-only Account access, which shall include the ability to view loan servicing screens including but not limited to Borrower information, Account history and due diligence records. Individual FMC users shall obtain remote access within five (5) Business Days of receipt of notice from FMC that such individual requires remote access.

Appears in 2 contracts

Sources: Private Student Loan Servicing Agreement (First Marblehead Corp), Private Student Loan Servicing Agreement (National Collegiate Student Loan Trust 2006-3)

FMC. Servicer shall provide FMC with web-based, view-only Account access, access which shall include the ability to view submit on-line queries to loan servicing screens including but not limited to Borrower information, Co-Borrower information, Account history and history, due diligence recordsrecords and images of loans documents. Individual FMC users shall obtain remote access within five (5) Business Days of receipt of notice from FMC that such individual requires remote access.

Appears in 1 contract

Sources: Private Student Loan Servicing Agreement (National Collegiate Funding LLC)