Selling System definition

Selling System. The ▇▇▇▇▇▇▇ Mac automated system by which sellers and servicers of mortgage loans to ▇▇▇▇▇▇▇ Mac transfer mortgage summary and record data or mortgage accounting and servicing information from their computer system or service bureau to ▇▇▇▇▇▇▇ Mac, as more fully described in the ▇▇▇▇▇▇▇ Mac Guide.
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Selling System. The FHLMC automated system by which sellers and servicers of mortgage loans to FHLMC transfer mortgage summary and record data or mortgage accounting and servicing information from their computer system or service bureau to FHLMC, as more fully described in the FHLMC Guide.
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Selling System means the ▇▇▇▇▇▇▇ Mac automated system by which sellers and servicers of mortgage loans to ▇▇▇▇▇▇▇ Mac transfer mortgage summary and record data or mortgage accounting and servicing information from their computer system or service bureau to ▇▇▇▇▇▇▇ Mac, as more fully described in the ▇▇▇▇▇▇▇ Mac Guide. “Servicer Side Letter” has the meaning assigned thereto in the Master Repurchase Agreement. “Servicing File” means with respect to each Mortgage Loan, the file retained by Seller or its designee consisting of all documents that are customarily retained by servicers that service mortgage loans substantially similar to such Mortgage Loan, which would include copies of the Mortgage File, all documents necessary to document and service the Mortgage Loans and 27 The definition of “Sanctions List” was added by Amendment No. 2, dated as of April 28, 2022.
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Examples of Selling System in a sentence

  • Designated Custodian will certify Mortgages sold through the Selling System using the following online certification options: single loan certification, batch certification and importation of Mortgage loan data certified in the Designated Custodian’s system into the Selling System.

  • The option used will comply with the instructions in the Selling System and applicable provisions of the Guide (including Chapter 6304), the Handbook and the User Guide.

  • The option used must comply with the instructions in the Selling System, the applicable provisions of Chapter 18 of the Guide and the Handbook.

  • No prior employer of any current or former employee of the Target has any right, title or interest in the Intellectual Property and to the Target's knowledge, no person or entity has any right, title or interest in any Intellectual Property.

  • Make your price book especially a True Selling System getting Service Agreements Inspection System Features 100 Electronic Forms with three Company Logo.


More Definitions of Selling System

Selling System means the applicable Agency automated system by which sellers and servicers of mortgage loans to such Agency transfer mortgage summary and record data or mortgage accounting and servicing information from their computer system or service bureau to such Agency, as more fully described in the applicable Agency Guidelines.
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Selling System means the e-centives web-based proprietary system used to author and publish Featured Products on the Marketplace and POPs.
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Selling System. The F▇▇▇▇▇▇ Mac automated system by which sellers and servicers of mortgage loans to F▇▇▇▇▇▇ Mac transfer mortgage summary and record data or mortgage accounting and servicing information from their computer system or service bureau to F▇▇▇▇▇▇ Mac, as more fully described in the F▇▇▇▇▇▇ Mac Guide. Exh. A-20 Servicer: Seller, LoanCare, LLC, Cenlar FSB, or such other entity responsible for servicing or subservicing, as the case may be, the Purchased Mortgage Loans and that has been approved by Buyer in writing, or, in each case, any successor or permitted assigns thereof.
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Related to Selling System

  • Billing System means a system to issue Invoices relating to charges payable by each party under an Access Agreement;

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • Signaling System 7 (SS7) means a signaling protocol used by the CCS Network.

  • Customer Systems means the Customer's information technology infrastructure, including computers, software, hardware, databases, electronic systems (including database management systems) and networks, whether operated directly by Customer or through the use of third-party services.

  • Supplier System the information and communications technology system used by the Supplier in performing the Services including any software, the Equipment and related cabling (but excluding the Commissioner System);