Common use of Internal or External Compliance Testing Clause in Contracts

Internal or External Compliance Testing. Nationstar shall conduct transactional testing and compliance/controls testing, either internally or by retaining the services of a third-party firm, to assess Nationstar’s compliance with the Servicing Standards attached as Exhibit A to this Agreement. The testing shall be conducted in the ordinary course of Nationstar’s business consistent with industry standards and Nationstar’s internal testing schedule, which shall be based on an assessment of high-risk areas and emerging trends.

Internal or External Compliance Testing. Nationstar shall conduct transactional testing and compliance/controls testing, either internally or by retaining the services of a third-party firm, to assess Nationstar’s compliance with the Servicing Standards attached as Exhibit A to this Agreement. The testing shall be conducted in the ordinary course of Nationstar’s business consistent with industry standards and Nationstar’s internal testing schedule, which shall be based on an assessment of high-risk areas and emerging trendsemergingtrends.

Internal or External Compliance Testing. Nationstar shall conduct transactional testing and compliance/controls testing, either internally or by retaining the services of a third-third- party firm, to assess Nationstar’s compliance with the Servicing Standards attached as Exhibit A to this Agreement. The testing shall be conducted in the ordinary course of Nationstar’s business consistent with industry standards and Nationstar’s internal testing schedule, which shall be based on an assessment of high-risk areas and emerging trends.