Master Servicers responsibility for disbursing the information set forth in subsection (a) of this Section 4.04 to each Holder of a Certificate, the Depositor and other interested parties is limited to the availability, timeliness and the accuracy of the information provided by each Servicer. The Master Servicer will make a copy of each Distribution Date Statement provided pursuant to this Section 4.04 (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and other interested parties, and other parties to this Agreement via the Master Servicer's internet website, which in the case of Wells Fargo Bank, is located at "www.ctslink.com." In addition, the Pxxxxx Agent shall provide copies xx xxx Xxxxxxxxtion Date Statement and the annual statements required pursuant to Section 4.04(a) to Persons making written requests therefor at its Corporate Trust Office. Assistance in using the internet website can be obtained by calling the Master Servicer's customer service desk, which in the case of Wells Fargo Bank, is at (301) 815-6600. Parties that are unable to usx xxx above distribution xxxxxx xxx xxtitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Master Servicer shall have the right to change the way the Distribution Date Statement is distributed in order to make such distribution more convenient and/or more accessible and the Master Servicer shall provide timely and adequate notification to the Certificateholders and the parties to this Agreement regarding any such changes. The Master Servicer shall also be entitled to rely on but shall not be responsible for the content or accuracy of any information provided by third parties for purposes of preparing the Distribution Date Statement and may affix thereto any disclaimer it deems appropriate in its reasonable discretion (without suggesting liability on the part of any other party hereto).
Master Servicers. Long Beach Mortgage Company and Ameriquest Mortgage Company Trustee: Norwest Bank Minnesota, National Association Issue Date: June 25, 1997 CUSIP: 79548K VM 7
Master Servicers. Long Beach Mortgage Company and Ameriquest Mortgage Company Trustee: Norwest Bank Minnesota, National Association Issue Date: November 25, 1997 CUSIP: 79548K YD 4 ASSET-BACKED CERTIFICATE evidencing a beneficial ownership interest in a Trust Fund (the "Trust Fund") consisting primarily of a pool of conventional, one- to four-family, fixed-rate, first lien mortgage loans (the "Mortgage Loans") formed and sold by SALOMON BROTHERS MORTGAGE SECURITIES VII, INC. THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN SALOMON BROTHERS MORTGAGE SECURITIES VII, INC., THE MASTER SERVICERS, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES. This certifies that ____________________ is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class R-I Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class R-I Certificates in REMIC I created pursuant to a Pooling and Servicing Agreement, dated as specified above (the "Agreement"), among Salomon Brothers Mortgage Securities VII, Inc. (hereinafter called the "Depositor," which term includes any successor entity under the Agreement), the Master Servicers and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a "Distribution Date"), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the last Business Day of the month immediately preceding the month of such distribution (the "Record Date"), in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class R-I Certificates on such Distribution Date pursuant to the A...
Examples of Master Servicers in a sentence
All payments of interest and principal on the Class A(2017-2) Notes shall be made as set forth in Section 1102 of the Indenture.
The Master Servicer's duties include general loan servicing, collecting and remitting principal and interest payments, administering mortgage escrow accounts, collecting insurance claims, and, if necessary, foreclosing on properties and administering and disposing of foreclosed properties.Each month, the Master Servicer will receive a fee as compensation for its servicing activities.
For the purpose of the preceding sentence, principal payments include scheduled payments, principal prepay- ments, liquidations due to default, casualty and condemnation and payments made pursuant to either the Master Servicer's or Fannie Mae's option to repurchase.
The Rating Agencies also controlled which entities could be selected as successor Master Servicers.
Mortgage loans will be originated by Florida Housing's participating lenders and sold to Florida Housing's Master Servicer, currently U.S. Bank, or any other master servicer selected by Florida Housing, in accordance with the Master Servicer's mortgage loan delivery requirements at rates established by Florida Housing based upon the rates and prices provided by the Administrator.
More Definitions of Master Servicers
Master Servicers means those certain master servicers under the applicable pooling and servicing agreements for the Secured Debt Loan Documents or any successors thereto.
Master Servicers means all such Master Servicers.
Master Servicers and the Special Servicer shall be deemed to have complied with the foregoing provisions if an Affiliate thereof has such insurance and, by the terms of such policy or policies, the coverage afforded thereunder extends to the subject Master Servicer or the Special Servicer, as the case may be. Any such errors and omissions policy shall provide for ten (10) days' written notice to the Trustee prior to cancellation. The Master Servicers and the Special Servicer shall each cause the Trustee to be an additional loss payee on any policy currently in place or procured pursuant to the requirements of this Section 3.07(c). For so long as the long-term debt obligations of a Master Servicer or Special Servicer, as the case may be (or, in the case of the initial Master Servicers and Special Servicer, their respective direct or indirect parent), are rated at least "A" or the equivalent by all of the Rating Agencies (or such lower rating as will not result in qualification, downgrading or withdrawal of the ratings then assigned to the Certificates, as evidenced in writing by the Rating Agencies), such Person may self-insure with respect to the risks described in this subsection.
Master Servicers. Ameriquest Mortgage Company ("Ameriquest") or any successor master servicer appointed as herein provided, in its capacity as Master Servicer hereunder with respect to the Mortgage Loans identified on Part A and Part B of Schedule 1 hereto and the Prepayment Charges identified on Part A of Schedule 2 and the Prepayment Charges identified on Schedule 3, Long Beach Mortgage Company ("Long Beach") or any successor master servicer appointed as herein provided, in its capacity as Master Servicer hereunder with respect to the Mortgage Loans identified on Part C of Schedule 1 hereto and the Prepayment Charges identified on Part B of Schedule 2, Ocwen Federal Bank FSB ("Ocwen") or any successor master servicer appointed as herein provided, in its capacity as Master Servicer hereunder with respect to the
Master Servicers. Midland Loan Services, Inc., a Delaware corporation, and/or Wachovia Bank, National Association, a national banking association, or any successor Master Servicer appointed as herein provided.
Master Servicers acknowledgment thereto or proof of an Event of Default under the Advance Facility. Neither the Trustee nor the Trust Administrator shall have any duty or liability with respect to any calculation of any reimbursement to be paid to an Advancing Person and each shall be entitled to rely without independent investigation on the Advancing Person's notice provided pursuant to this Section 3.26. An Advancing Person whose obligations hereunder are limited to the funding of P&I Advances and/or Servicing Advances shall not be required to meet the qualifications of a Sub-Servicer pursuant to Section 3.02 hereof. If the terms of a facility proposed to be entered into with an Advancing Servicer by the Trust Fund would not materially and adversely affect the interests of any Certificateholder, then the NIMs Insurer shall not withhold its consent to the Trust Fund's entering such facility.
Master Servicers. Ameriquest Mortgage Company ("Ameriquest") or any successor master servicer appointed as herein provided, in its capacity as Master Servicer hereunder with respect to the Mortgage Loans sold by it in its capacity as Originator to the Seller pursuant to the Mortgage Loan Purchase Agreement, and Long Beach Mortgage Company ("Long Beach") or any successor master servicer appointed as herein provided, in its capacity as Master Servicer hereunder with respect to the Mortgage Loans sold by it in its capacity as Originator to