Servicing Compliance Sample Clauses

Servicing Compliance. The servicing practices to be used by the Company under this Agreement are, and shall remain, in all material respects in compliance with all Applicable Requirements, including without limitation, all federal, state and local laws, rules, all regulations and requirements in connection therewith, and FNMA guidelines, as applicable. Notwithstanding the foregoing, the Company's representations and warranties as to the proper servicing of interest-only ARM loans shall be effective upon the fulfillment of the covenants set forth in Section 2.09 of this Agreement.
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Servicing Compliance. With respect to the servicing of Mortgage Loans, the Servicer will comply, (i) as to each FHA Insured Mortgage Loan, with the National Housing Act of 1934, as amended, all rules and regulations issued thereunder and all applicable administrative publications, (ii) as to each VA Guaranteed Mortgage Loan, with the Servicemen’s Readjustment Act of 1944, as amended, all rules and regulations issued thereunder and all applicable administrative publications, (iii) as to each FHA Insured Mortgage Loan or VA Guaranteed Mortgage Loan, with the provisions of the GNMA Guide and all other applicable rules, regulations, policies and guidelines of GNMA, (iv) with respect to each USDA Rural Development Guaranteed Mortgage Loan, with the Housing Act of 1949, as amended, all rules and regulations issued thereunder, and all applicable administrative publications, (v) as to each Conventional Mortgage Loan with the requirements of the PMI Insurer, (vi) as to each Conventional Mortgage Loan, with the provisions of the Pool Purchase Contract, the Xxxxxxx Mac Guide and all rules and guidelines of Xxxxxxx Mac, and the Xxxxxx Xxx Guide and all rules and guidelines of Xxxxxx Mae.
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Servicing Compliance. 7. We have reviewed, for the Reporting Period: (a) the activities of SF in its capacity as Sub-Servicer and (b) SF’s performance under the Sub-Servicing Agreement. Such review of SF’s activities and the performance by SF of its obligations under the Sub-Servicing Agreement has been made by me or by persons under my supervision.
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Servicing Compliance. The servicing practices to be used by Subservicer are and shall remain, in all material respects in compliance with all Applicable Requirements, including without limitation, all federal, state and local laws, rules, all regulations and requirements in connection therewith, and FNMA Servicer Guide, as applicable.
Sample 1
Servicing Compliance. Seller has conducted its business with respect to the Leases, including but not limited to the collection and administration of the Leases, in accordance with all applicable laws, rules and regulations. The delinquency of the Leases is accurately stated in the servicing system of Seller, based on standard contractual delinquency parameters.
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Servicing Compliance. The servicing practices to be used by Purchaser under the Investor Agreements are, and shall remain, in all material respects in compliance with all Applicable Requirements, including without limitation, all federal, state and local laws, rules, all regulations and requirements in connection therewith, and FNMA guidelines, as applicable. Notwithstanding the foregoing, Purchaser’s representations and warranties herein, to the extent relating to the proper servicing of ARM Loans, shall become effective upon the fulfillment of the covenants set forth in Section 4.35.
Sample 1
Servicing Compliance. Purchaser covenants and agrees that on and after the Transfer Date (i) it will cause the Successor Servicer to service each Mortgage Loan in accordance with the terms of the related Mortgage Loan Documents, any loss mitigation and with applicable law, (ii) the Purchaser shall direct the Successor Servicer and its employees, representatives or assignees to comply with all applicable law, (iii) it shall cause the Successor Servicer to service each Mortgage Loan in accordance with customary accepted servicing practices and (iv) Purchaser shall cause the Successor Servicer to respond to Mortgagors’ inquiries regarding the servicing of the related Mortgage Loans in a timely fashion and provide Mortgagors with a reasonable appeals process with respect to servicing decisions relating to the applicable Mortgage Loan;
Sample 1
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Servicing Compliance. With respect to the servicing of Mortgage Loans, the Servicer will comply, (i) as to each FHA Insured Mortgage Loan, with the National Housing Act of 1934, as amended, all rules and regulations issued thereunder and all applicable administrative publications,
Sample 1

Related to Servicing Compliance

  • Servicer Compliance Statement On or before March 1 of each calendar year, commencing in 2007, the Servicer shall deliver to the Owner and any Depositor a statement of compliance addressed to the Owner and such Depositor and signed by an authorized officer of the Servicer, to the effect that (i) a review of the Servicer’s activities during the immediately preceding calendar year (or applicable portion thereof) and of its performance under this Agreement and any applicable Reconstitution Agreement during such period has been made under such officer’s supervision, and (ii) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement and any applicable Reconstitution Agreement in all material respects throughout such calendar year (or applicable portion thereof) or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such officer and the nature and the status thereof.

  • Annual Servicing Report By the date in each year specified in the Adoption Annex, beginning on the date specified in the Adoption Annex, the Master Servicer, at its expense, shall cause a firm of nationally recognized independent public accountants (who may also render other services to the Master Servicer) to furnish a report to the Indenture Trustee, the Credit Enhancer, and each Rating Agency to the effect that the firm has examined certain documents and records relating to the servicing of mortgage loans during the most recent fiscal year then ended under sale and servicing agreements or pooling and servicing agreements (substantially similar to this Agreement, including this Agreement), that the examination was conducted substantially in compliance with the audit guide for audits of non-supervised mortgagees approved by the Department of Housing and Urban Development for use by independent public accountants (to the extent that the procedures in the audit guide are applicable to the servicing obligations in those agreements), and that the examination has disclosed no items of noncompliance with this Agreement that, in the opinion of the firm, are material, except for the items of noncompliance described in the report.

  • Servicing Tape 32 Section 5.05 Satisfaction of Mortgages and Release of Mortgage Files.......32 Section 5.06 Annual Independent Public Accountants' Servicing Report.......33 ARTICLE VI

  • Report of Assessment of Compliance with Servicing Criteria As defined in Section 4.02(a) of the Servicing Agreement.

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