Obligations of the Electronic Agent. (a) The Electronic Agent shall ensure that MERS, as the mortgagee of record under each MERS Designated Mortgage Loan, shall promptly forward all properly identified notices MERS receives in such capacity to the person or persons identified in the MERS® System as the servicer or if a subservicer is identified in the MERS® System, the subservicer for such MERS Designated Mortgage Loan.
Appears in 7 contracts
Samples: Electronic Tracking Agreement (Home Point Capital Inc.), Mortgage Loan Repurchase Agreement (Sirva Inc), Electronic Tracking Agreement
Obligations of the Electronic Agent. (a) The Electronic Agent shall ensure that MERS, as the mortgagee of record under each MERS Designated Mortgage Loan, shall promptly forward all properly identified notices MERS receives in such capacity to the person or persons identified in on the MERS® System as the servicer or if a subservicer is identified in on the MERS® System, the subservicer for such MERS Designated Mortgage Loan.
Appears in 2 contracts
Samples: Mortgage Loan Repurchase Agreement (Sirva Inc), Mortgage Loan Purchase and Sale Agreement (National Credit & Guaranty CORP)
Obligations of the Electronic Agent. (a) The Electronic Agent shall ensure that MERS, as the mortgagee of record under each MERS Designated Mortgage Loan, shall promptly forward all properly identified notices MERS receives in such capacity to the person or persons identified in the MERS® MERS(R) System as the servicer or if a subservicer is identified in the MERS® MERS(R) System, the subservicer for such MERS Designated Mortgage Loan.
Appears in 1 contract
Samples: Custodial and Disbursement Agreement (Oak Street Financial Services Inc)
