Goodbye Letter definition

Goodbye Letter. With respect to each Mortgage Loan, the notification to the related Mortgagor of the impending transfer of servicing with respect to such Mortgage Loan, as described in the Servicing Transfer Instructions.
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Goodbye Letter shall have the meaning set forth in Section 6.2.
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Goodbye Letter. No later than five (5) days after the Closing Date, send to all Obligors, via first class mail, postage prepaid, a letter, the text and format of which shall have been pre-approved by Buyer, which shall advise Obligors that their account has been sold to Buyer. The letter shall contain such other information as Buyer may reasonably request.
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Examples of Goodbye Letter in a sentence

  • Goodbye Letters • 15 days prior to the Transfer Date, the Retiring Servicer will mail the borrower a RESPA compliant Goodbye Letter.

  • Additionally, the Goodbye Letter must inform the borrower to contact Nationstar for future coverage options and/or ACH setup.

  • The required Goodbye Letter information for Nationstar Mortgage, LLC can be found in the exhibits section of this document.

  • On September 15, 2008, Sellers shall, in accordance with RESPA and Exhibit F-1 and at their cost and expense, deliver or cause to be delivered to each Mortgagor under each Purchased Loan that is not a Non-Interim Serviced Purchased Loan a Goodbye Letter.

  • On October 15, 2008, Sellers shall, in accordance with RESPA and Exhibit F-1 and at their cost and expense, deliver or cause to be delivered to each Mortgagor under each Non-Interim Serviced Purchased Loans a Goodbye Letter.

  • Seller shall, at Purchaser's request and cost, and in a form acceptable to both Seller and Purchaser, substantially in the form set forth on Exhibit G which may be revised to comply with applicable laws, notify obligors that their account has been sold or otherwise assigned to Purchaser (the "Goodbye Letter"),.

  • Seller shall, at Purchaser's request and in a form reasonably acceptable to Purchaser, notify Customers that their Accounts have been sold or otherwise assigned to Purchaser via the Goodbye Letter.

  • Good-bye Letter (Seller’s Good-bye letters must be approved by Purchaser).


More Definitions of Goodbye Letter

Goodbye Letter has the meaning set forth in Section 3.1(f) hereof.
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Related to Goodbye Letter

  • Welcome Letter means the document entitled “welcome letter” containing important details about this group policy;

  • Mandate Letter has the meaning ascribed to it in the Memorandum of Understanding between the Ministry and the Funder, and means a letter from the Ministry to the Funder establishing priorities in accordance with the Premier’s mandate letter to the Ministry;

  • Undertaking Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.

  • Contract Letter means the letter identifying those documents which form the Contract.

  • Client Agreement means the agreement between the Company and the Client, which together with the Terms of Business are defined as “Operative Agreements” and govern the terms on which the Company deals with the Client.