Loan Servicing definition

Loan Servicing means those services pertaining to the Investments that, applying Accepted Servicing Practices, are required hereunder to be performed by Servicer, and that shall include:

Loan Servicing. As defined in Section 3.01.

Loan Servicing means the process by which the Corporation or Corporation’s designee reviews potential Eligible Homebuyers and services and monitors HOP Loans.

Examples of Loan Servicing in a sentence

• In consideration of the performance of the Services by Custodian, each Fund shall pay Custodian in accordance with the fee arrangements set forth on Schedule I to this Loan Servicing Agreement (the “Service Fees”).

• The parties understand and agree that this Loan Servicing Agreement shall be subject to the term and conditions of the Custody Agreement.

• Either Custodian or the Funds may terminate: (a) this Loan Servicing Agreement in its entirety or (b) the Services as to any particular portfolio of loans or as to a loan or loans without terminating this Loan Servicing Agreement in its entirety, for any or no reason upon the providing of ninety (90) days’ advance written notice to the other parties.

• The Funds expressly acknowledge that neither Custodian nor any of its officers, directors, employees, agents, attorneys, attorneys-in-fact or affiliates have made any representations or warranties pursuant to this Loan Servicing Agreement and that no act by Custodian hereafter taken, including, without limitation, any review of the affairs of any borrower or any affiliate of any borrower, shall be deemed to constitute any representation or warranty by Custodian with respect to the Loans.

• In the event of any inconsistency between the terms and conditions of the Custody Agreement and the Loan Servicing Agreement, the terms and conditions of the Loan Servicing Agreement shall govern.

More Definitions of Loan Servicing

Loan Servicing. Those services pertaining to the Mortgage Loans which Master Servicer or Special Servicer must perform, applying Accepted Servicing Practices, under the terms of the Midland Servicing Agreement.

Loan Servicing means the servicing of a loan, lease or extension of credit including:

Loan Servicing means the servicing of any loan, lease or extension of credit (whether consumer, commercial, mortgage banking or otherwise, but not including financing for investment banking, or for leveraged managementbuyouts).

Loan Servicing means the servicing of any loan, lease or extension of credit (whether consumer, commercial, mortgage banking or otherwise, but not including financing for investment banking, or leveraged or management buyouts). Loan Servicing includes the following servicing activities: record keeping, billing and disbursements of principal or interest, receipt or payment of insurance premiums and taxes, credit reporting or statements of creditworthiness, determination of the depreciation amount of property (but not projections of or an appraisal for residual or future value of property) or any similar administrative activity.

Loan Servicing means the servicing of a loan, lease or extension of credit (not including financing for investment banking, or leveraged or management buy-outs), including the following servicing activities: record keeping, billing and disbursements of principal or interest, receipt or payment of insurance premiums and taxes, credit reporting or statements of a customer’s creditworthiness, and determination of the depreciation amount of property (but not projections of, or an appraisal for, residual or future value of property). SpecimenLoan Servicing shall not include the purchase, acquisition or sale of any loan, lease or extension of credit, the restructuring, termination, transfer, repossession, or foreclosure of any such loan, lease or extension of credit, or any act based upon or arising out of the operation or control of any entity or property that the Insured Organization acquired as security or collateral for any loan, lease or extension of credit.

Loan Servicing means the servicing of the Pledged Notes Receivable, Pledged Consumer Notes Receivable, and, if applicable, the Pledged Put and Reserve Agreements conducted by Servicer under this Agreement.

Loan Servicing means the process by which the Corporation or Corporation’s designee reviews