Mortgage Servicing Agreement definition

Mortgage Servicing Agreement. With respect to any Pledged Asset Loan subserviced by GMAC Mortgage Corporation, the Addendum and Assignment Agreement, dated as of November 24, 1998, between the Master Servicer and GMAC Mortgage Corporation, as such agreement may be amended from time to time.
Mortgage Servicing Agreement means any Contract between the Company or any Company Subsidiary (whether as servicer or otherwise), on the one hand, and any other party (including Investor or a servicer), on the other hand, setting forth the terms and conditions under which a Mortgage Loan or other obligations relating to a Mortgage Loan have been and are to be serviced or subserviced and which may be incorporated in general guidelines, handbooks, rules, regulations, promulgations and other issuances of an Investor, each as amended from time to time.
Mortgage Servicing Agreement an agreement between the Company and an Investor or a servicer or other party setting forth the terms and conditions under which Mortgage Loans or other obligations relating to Mortgage Loans have been and are to be serviced or subserviced and which may be incorporated in general guidelines and issuances of an Investor. "MORTGAGE SERVICING PORTFOLIO"--as of the date of this Agreement, all the Mortgage Loans which have been, are and, subject to existing Mortgage Servicing Agreements, are to be serviced or subserviced by the Company, other than the Owned Mortgage Loans, as more particularly identified on Schedule 3.24, and, from time to time after the date of this Agreement, as and when Owned Mortgage Loans are delivered to Investors, such previously Owned Mortgage Loans as well.

Examples of Mortgage Servicing Agreement in a sentence

  • With respect to Additional Collateral Loans subserviced by MLCC, the Subservicing Agreement shall also include the Addendum and Assignment Agreement and the Pledged Asset Mortgage Servicing Agreement.

  • The Collection Account will be operated by the Servicer in accordance with the terms of the Mortgage Servicing Agreement.

  • If the Collection Account Bank (where it is not also the Servicer) fails to comply with such directions, the Servicer shall, so far as it is able, take all such reasonable administrative actions as are reasonable to ensure compliance by the Collection Account Bank with its obligations under the Mortgage Servicing Agreement and the collection account mandate (to the extent applicable).

  • Execute the standard Home Mortgage Servicing Agreement and/or other contracts as determined by the Authority.

  • Applicable law and jurisdiction The Mortgage Servicing Agreement will be governed by and construed in accordance with the laws of the Portuguese Republic.


More Definitions of Mortgage Servicing Agreement

Mortgage Servicing Agreement means any agreement between the Company or a Company Subsidiary (whether as a servicer or otherwise), on the one hand, and any other party (including Investor or a servicer), on the other hand, setting forth the terms and conditions under which a Mortgage Loan or other obligations related to a Mortgage Loan have been and are to be serviced or subserviced and which may be incorporated in general guidelines, handbooks, rules, regulations, promulgations and other issuances of an Investor, each as amended from time to time.
Mortgage Servicing Agreement. Section 3.26 "Mortgage Servicing Portfolio" -- Section 3.26 "NYSE" -- Section 2.01(c) "Options" -- Section 3.02 "orders" -- Section 3.04(a) "Parent" -- Preamble "Parent Common Stock" -- Section 2.01(c) "Parent Disclosure Letter" -- Section 4.01 "Parent Employee Benefit Plans" -- Section 4.13(c) "Parent Financial Statements" -- Section 4.05 "Parent Permits" -- Section 4.10 "Parent Preferred Stock" -- Section 4.02(a) "Parent SEC Reports" -- Section 4.05 "Parent Stockholders' Approval" -- Section 6.03(b) "Parent Stockholders' Meeting" -- Section 6.03(b) "Parent Tax Certificate" -- Section 7.02(d) "PBGC" -- Section 3.13(c)
Mortgage Servicing Agreement means an agreement so named to be entered into on the Closing Date between the Servicer, the Collection Account Bank, and the Fund (represented by the Fund Manager);
Mortgage Servicing Agreement. The Mortgage Servicing Agreement, dated [________], 20 , among the Issuer, Walter Mortgage Company and the Indenture Trustee, providing, among oxxxx xhings, for the servicing of the Mortgage Loans, as said agreement may be amended or supplemented from time to time as permitted hereby and thereby. Such term shall also include any servicing agreement for Mortgage Loans entered into with a Successor Servicer pursuant to Section 3.07(d) hereof.
Mortgage Servicing Agreement. The Company has no notice of any default by other parties under any Mortgage Servicing Agreement or Flow Servicing Agreement. No material default of the Company exists under any Mortgage Servicing Agreement or Flow Servicing Agreement, including any default arising with notice or lapse of time, or both.
Mortgage Servicing Agreement means an agreement between the Company, on the one hand, and an Investor, a servicer or other party, on the other hand, setting forth the terms and conditions under which the Serviced Loans have been and are to be serviced or subserviced by the Company or which may be incorporated in general guidelines and rule issuances of a Program Lender (such as the applicable Xxxxxx Mae Guide, Xxxxxxx Mac Multifamily Seller/Servicer Guide, 4060.1 REV-2: Mortgagee Approval Handbook, Mortgage-Backed Securities (MBS) Guide 5500.3, Rev. 1, or equivalent guidelines or rules), including provisions setting out loss sharing, pass-through, co-insurance and similar obligations, and all amendments and modifications to such agreements.
Mortgage Servicing Agreement means the Construction Loan and Mortgage Servicing Agreement, dated as of the date hereof, by and among the Governmental Lender, the Borrower, the Governmental Lender Servicer, and the Fiscal Agent.