Maintenance of Certain Servicing Policies. During the term of its service as Master Servicer, the Master Servicer shall maintain in force (i) a policy or policies of insurance covering errors and omissions in the performance of its obligations as servicer hereunder and (ii) a fidelity bond in respect of its officers, employees or
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Ab Mortgage Securities Corp), Pooling and Servicing Agreement (American Home Mortgage Securities LLC), Pooling and Servicing Agreement (MortgageIT Securities Corp.)
Maintenance of Certain Servicing Policies. During The Master ----------------------------------------- Servicer shall, during the term of its service as Master Servicer, the Master Servicer shall maintain in force (i) a policy or policies of insurance covering errors and omissions in the performance of its obligations as servicer Master Servicer hereunder and (ii) a fidelity bond in respect of its officers, employees oror agents. Such policy and bond shall be in such amounts and with such carriers as are consistent with the Servicing Standards.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Transamerica Consumer Mortgage Receivables Corp), Pooling and Servicing Agreement (Transamerica Consumer Mortgage Receivables Corp)
Maintenance of Certain Servicing Policies. During The Master Servicer shall during the term of its service as Master Servicer, the Master Servicer shall master servicer maintain in force (i) a policy or policies of insurance covering errors and omissions in the performance of its obligations as master servicer hereunder and (ii) a fidelity bond in respect of its officers, employees oror agents. Each such policy or policies and bond shall, together, comply with the requirements from time to time of the Federal National Mortgage Association for Persons performing servicing for mortgage loans purchased by such Association.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Beneficial Mortgage Services Inc), Pooling and Servicing Agreement (Beneficial Mortgage Services Inc)
Maintenance of Certain Servicing Policies. During the term of its service as Master Servicer, the Master Servicer shall maintain in force (i) a policy or policies of insurance covering errors and omissions in the performance of its obligations as servicer hereunder and (ii) a fidelity bond in respect of its officers, employees orand
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Opteum Mortgage Acceptance CORP)
