Servicing Files definition

Servicing Files. With respect to any Mortgage Loan:
Servicing Files has the meaning set forth in the Servicing Agreement.
Servicing Files means the documents, files, and other items pertaining to a particular Serviced Loan, including the computer files, data disks, books, records, Data Tapes, notes and all additional documents held by the Sellers and used in the Mortgage Servicing Business.

Examples of Servicing Files in a sentence

  • On or before the Closing Date or Servicing Transfer Date, as applicable, the Seller shall cause to be delivered the Servicing Files with respect to the Mortgage Loans listed on the Mortgage Loan Schedule to the Servicer.

  • Each Servicing File delivered to a Servicer shall be held in trust by such Servicer for the benefit of the Trustee; provided, however, that the Servicer shall have no liability for any Servicing Files (or portions thereof) not delivered by the Seller.

  • The Servicer shall maintain a Servicing File with respect to each Mortgage Loan in order to service such Mortgage Loans pursuant to this Agreement and each Servicing File delivered to the Servicer shall be held in trust by the Servicer for the benefit of the Trustee; provided, however, that the Servicer shall have no liability for any Servicing Files (or portions thereof) not delivered by the Seller.

  • It is understood and agreed that the representations and warranties set forth in Section 6.01 shall survive the engagement of the Servicer to perform the servicing responsibilities as of the Closing Date or Servicing Transfer Date, as applicable, hereunder and the delivery of the Servicing Files to the Servicer and shall inure to the benefit of the Seller and the Trustee.

  • The Mortgage Loan Seller shall reasonably cooperate with any examination of the Mortgage Files and Servicing Files that may be undertaken by or on behalf of the Purchaser.


More Definitions of Servicing Files

Servicing Files. With respect to each Lease Receivable or Lease Contract, a file folder containing the Servicer's copy of the related Documentation and any ancillary papers.
Servicing Files in Seller's possession shall be held by Seller in a custodial capacity only for the benefit of the Purchaser. The Seller shall release its custody of any contents of the related Mortgage Files or Servicing Files only in accordance with written instructions of the Purchaser or the Purchaser's designee.
Servicing Files means such files, documents, and computer files necessary for the Servicer to perform its duties under the Servicing Agreement.
Servicing Files. To the extent in HUD’s possession, copies of correspondence, memoranda and other documents and items with respect to each Mortgage Loan, including: (a) the amortization schedule; (b) the twelve (12) most recent HUD monthly billing statements (HUD-2771); (c) the most recent real estate tax xxxx(s), and proof of payment thereof; and (d) any correspondence with taxing authorities relating to the one (1) year period preceding the Closing Date.
Servicing Files. With respect to each of the Mortgage Loans, the documents, files and other items, including but not limited to, the related Mortgage File, the computer files, data disks, books, records, data tapes, notes and all additional documents generated as a result of or utilized in connection with the origination of such Mortgage Loan and/or are necessary to service such Mortgage Loan.
Servicing Files means, with respect to the Mortgage Loans, the files to be held by Citizens in trust for the benefit of Old Town, solely in Citizens’ capacity as a servicer. Such files include, but are not limited to, originals or copies of all documents in each Mortgage File, computer files, data disks, books, records, payment histories, data tapes, notes and all additional documents generated as a result of or utilized in originating and servicing the Mortgage Loans. END OF TERMS AND CONDITIONS
Servicing Files means with respect to each of the receivables, the documents, files and other items, including but not limited to, the related Receivable File, the computer files, data disks, books, records, data tapes, notes and all additional documents generated as a result of or utilized in connection with the origination of such Receivable and/or are necessary to service such Receivable.