Servicer File definition

Servicer File means, collectively, all documents, records and copies pertaining to a Mortgage Loan which are required to be included in the related Servicer File pursuant to Section 3 thereof.

Examples of Servicer File in a sentence

  • The Master Servicer shall use its best efforts to cause the Servicer of any Deleted Mortgage Loan to release to the Purchaser the Servicer File relating thereto.

  • Saxon has delivered or caused to be delivered to each Servicer, on or before the Closing Date, a Servicer File with respect to each Initial Mortgage Loan serviced by such Servicer.

  • The Servicer shall at all times maintain a true and correct Servicer File with respect to each Pool Receivable, which shall be clearly marked with a Contract number, which shall be used by the SPV and the Facility Agent to indentify such Contract and the related Pool Receivable.

  • The Servicer File contains an Appraisal of the related Mortgaged Property with an appraisal date within six (6) months of the Purchased Loan origination date, and within twelve (12) months of the Purchase Date.

  • As of the related Funding Date, the Image File Custodian is holding the related Imaged File for the benefit of the Secured Parties, and the original related Receivable File, Servicer File and related documentation are maintained by the Servicer on behalf of the Borrower for the benefit of the Secured Parties.


More Definitions of Servicer File

Servicer File means, with respect to a Loan, each of the following documents: (i) application of the Loan Obligor for credit; (ii) a copy (but not the original) of the Contract and any amendments or modifications thereto; provided, however, if such documents constitute Electronic Contracts, originals or copies thereof may be accessible via the Electronic Vault System or via the Nortridge Loan System; and (iii) such other documents as the Servicer customarily retains in its files in order to accomplish its duties under this Agreement; provided, that in each case such documents may be in either tangible or electronic form.
Servicer File means, with respect to a Loan, each of the following documents: (i) application of the Loan Obligor for credit; (ii) a copy (but not the original) of the Contract and any amendments thereto; provided, however, that the Servicer shall deliver an image of each amendment to the Contract to the Image File Custodian immediately following the execution thereof; and (iii) such other documents as the Servicer customarily retains in its files in order to accomplish its duties under this Agreement.
Servicer File means, with respect to a Receivable, each of the following documents: (i) application of the Obligor for credit; (ii) a copy (but not the original) of the Contract and any amendments thereto; provided, however, that the Servicer shall deliver each original amendment to the Contract to the Collateral Custodian immediately following the execution thereof; (iii) a certificate of insurance or application therefor with respect to the related Financed Vehicle; (iv) the invoice (or evidence of book value for used Financed Vehicles) for the related Financed Vehicle; (v) the Obligor’s order for the related Financed Vehicle and an indication of down payment, if applicable; (vi) a copy of the service contract, if any, on the related Financed Vehicle; (vii) a copy of the credit life insurance policy, if any, and the credit disability insurance policy, if any, on the Obligor relating to the related Financed Vehicle; and (viii) such other documents as the Servicer customarily retains in its files in order to accomplish its duties under this Agreement.
Servicer File means, with respect to any Mortgage Loan, all Mortgage Loan papers and documents required to be maintained pursuant to the Takeout Commitment and all other papers and records of whatever kind or description, whether developed or originated by the Seller or others, required to document or service the Mortgage Loan, including but not limited to the items set forth in Schedule IV, excluding the Mortgage File.
Servicer File means, collectively, all of the instruments and documents described in Section 4.2(h)(i) with respect to a Receivable together with such other instruments or documents that modify or supplement the terms or conditions of any of the foregoing, and all other instruments, documents, correspondence and memoranda generated by or come into the possession of the Servicer (including, but not limited to, insurance premium receipts, ledger sheets, payment records, insurance claims, correspondence and current and historical computerized data files) that are required to document or service any Receivable.