Common use of Loan Conversion Clause in Contracts

Loan Conversion. At the time of purchase or placement of a loan with ACS for servicing, the loan shall be converted and a note examination may be conducted in accordance to predetermined criteria. The tasks involved in loan conversion generally include:

Appears in 3 contracts

Sources: Servicing Agreement (Goal Capital Funding, LLC), Servicing Agreement (Goal Capital Funding, LLC), Federal Ffel Servicing Agreement (Goal Capital Funding, LLC)