Common use of Mortgage Loan repurchased Clause in Contracts

Mortgage Loan repurchased. The Master Servicer [or Servicer or Subservicer] hereby certifies that the Purchase Price has been credited to the Collection Account (or the Custodial Account) and remitted to the Indenture Trustee and/or the Owner Trustee for deposit into the Collection Account and/or the Certificate Account (whichever is applicable) pursuant to the Transfer and Servicing Agreement.

Appears in 2 contracts

Samples: Custodial Agreement (Fieldstone Mortgage Investment CORP), Custodial Agreement (NYMT Securities CORP)

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Mortgage Loan repurchased. The Master Servicer [(or Servicer or Subservicer] Servicer) hereby certifies that the Purchase Price has been credited to the Collection Account (or the Custodial Account) and remitted to the Indenture Trustee and/or the Owner Trustee Trust Administrator for deposit into the Collection Note Account and/or the Certificate Account (whichever is applicable) pursuant to the Transfer and Servicing Agreement.

Appears in 1 contract

Samples: Custodial Agreement (Aames Mortgage Investment Trust 2006-1)

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Mortgage Loan repurchased. The Master Servicer [(or Servicer or Subservicer] Servicer) hereby certifies that the Purchase Price has been credited to the Collection Account (or the Custodial Account) and remitted to the Indenture Trustee and/or the Owner Trustee for deposit into the Collection Account and/or the Certificate Distribution Account (whichever is applicable) pursuant to the Transfer and Servicing Pooling Agreement.

Appears in 1 contract

Samples: Custodial Agreement (Luminent Mortgage Trust 2006-6)

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