Common use of Investor Remittances and Reporting Clause in Contracts

Investor Remittances and Reporting. The Seller and each Originator and Prior Servicer (i) have timely remitted or otherwise made available to each Investor (A) all principal and interest payments received to which the Investor is entitled under the applicable Servicing Agreements, including without limitation any guaranty fees, and (B) all advances of principal and interest payments required by such Servicing Agreements, and (ii) have properly prepared and timely submitted to each Investor all reports in connection with such payments required by Applicable Requirements.

Appears in 1 contract

Samples: Mortgage Servicing Rights (HomeStreet, Inc.)

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Investor Remittances and Reporting. The Seller and each Originator and Prior Servicer (i) have timely has remitted or otherwise made available to each applicable Investor (Ai) all principal and interest payments received to which the Investor is entitled under the applicable Servicing Agreements, including without limitation any guaranty fees, and (Bii) all advances of principal and interest payments required by such Servicing Agreements. In accordance with the Applicable Requirements, and (ii) have properly Seller has prepared and timely submitted to each applicable Investor all reports in connection with such payments required by the Applicable Requirements.;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Commercial Federal Corp)

Investor Remittances and Reporting. The Seller and and, to the extent applicable, each Originator and Prior Servicer (i) Servicer, have timely remitted or otherwise made available to each an Investor (Ai) all principal and interest payments received to which the an Investor is entitled under the applicable Servicing Agreements, including without limitation any guaranty fees, and (Bii) all advances Advances of principal and interest payments required by such Servicing Agreements. In accordance with Applicable Requirements, and (ii) have properly Seller has prepared and timely submitted to each an Investor all reports in connection with such payments required by Applicable Requirements.

Appears in 1 contract

Samples: Bulk Servicing Rights Purchase and Sale Agreement (Ocwen Financial Corp)

Investor Remittances and Reporting. The Seller and each Originator and Prior Servicer (i) have timely remitted or otherwise made available to each Investor (Ai) all principal and interest payments received to which the Investor is entitled under the applicable Servicing Agreements, including without limitation any guaranty fees, and (Bii) all advances of principal and interest payments required by such Servicing Agreements, and (ii) have properly prepared and timely submitted to each Investor all reports in connection with such payments required by Applicable Requirements.payments

Appears in 1 contract

Samples: Servicing Rights Purchase and Sale Agreement (Taylor Capital Group Inc)

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Investor Remittances and Reporting. The Seller and each Originator and Prior Servicer (i) have timely remitted or otherwise made available to each Investor (Ai) all principal and interest payments received to which the Investor is entitled under the applicable Servicing Agreements, including without limitation any guaranty fees, and (Bii) all advances of principal and interest payments required by such Servicing Agreements. In accordance with the Applicable Requirements, and (ii) have properly Seller has prepared and timely submitted to each Investor all reports in connection with such payments required by the Applicable Requirements.

Appears in 1 contract

Samples: Servicing Rights Purchase and Sale Agreement (Taylor Capital Group Inc)

Investor Remittances and Reporting. The Seller and each Originator and Prior Servicer (ia) have timely remitted or otherwise made available to each Investor (Ai) all principal and interest payments received to which the such Investor is entitled under the applicable Servicing Agreements, including without limitation any guaranty fees, and (Bii) all advances of principal and interest payments required by such Servicing Agreements, and (iib) have properly prepared and timely submitted to each Investor all reports in connection with such payments required by the Applicable RequirementsRequirements and Accepted Servicing Practices.

Appears in 1 contract

Samples: HomeStreet, Inc.

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