Common use of Quality Control Procedures Clause in Contracts

Quality Control Procedures. The Servicer shall have an internal quality control program that, on a regular basis, evaluates and monitors the overall quality of the servicing activities of the Servicer in accordance with industry standards.

Appears in 6 contracts

Samples: Servicing Agreement (Banc of America Funding Corp), Servicing Agreement (Banc of America Funding 2006-5 Trust), Servicing Agreement (Banc of America Funding 2007-4 Trust)

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Quality Control Procedures. The Servicer shall must have an internal quality control program that, on a regular basis, evaluates capable of evaluating and monitors monitoring the overall quality of the its servicing activities of the Servicer in accordance with industry standardsactivities.

Appears in 2 contracts

Samples: Servicing Agreement (MASTR Alternative Loan Trust 2006-3), Servicing Agreement (MASTR Alternative Loan Trust 2007-1)

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Quality Control Procedures. The Servicer shall have an internal quality control program thatthat verifies, on a regular basis, evaluates the existence and monitors accuracy of the overall Receivable Files, the quality of the servicing activities of the Servicer in accordance and the Servicer's compliance with industry standardsits obligations under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Banc of America Securities Auto Trust 2005-Wf1)

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