Servicing Experience Clause Samples
Servicing Experience. The Servicer shall satisfactorily demonstrate to the Master Servicer, in the Master Servicer's reasonable discretion, the following experience:
(a) that it has at least three (3) years of conventional mortgage loan servicing experience;
(b) that it has a staff knowledgeable in servicing of Mortgage Loans and the administration of REO; and
(c) that it has experience maintaining a servicing portfolio in excess of $1 billion.
Servicing Experience. The Servicer shall satisfactorily demonstrate to the Master SnServicer, in the Master SnServicer's reasonable discretion, the following experience:
(a) that it has at least three (3) years of conventional mortgage loan servicing experience;
(b) that it has a staff knowledgeable in servicing of Mortgage Loans and the administration of REO; and
(c) that it has experience maintaining a servicing portfolio in excess of $1 billion.