Examples of Servicing Rights in a sentence
Servicing Features PFIs who retain Servicing Rights must service the Mortgage Loans in accordance with the requirements of the PFI Agreement and the Guides.
PFIs who sell or transfer Servicing Rights must do so in accordance with the PFI Agreement and the Guides.
The Purchase Price of each Loan shall include all Servicing Rights and benefits pertaining to such Loan.
Seller shall, at its expense, mail an approved form of notification to Borrowers of the transfer of the Servicing Rights and instruct the Borrowers to deliver all mortgage and related payments and all tax and insurance notices to Purchaser after the Sale Date.
Purchaser shall have the right, in its sole discretion, to review any and all of Seller’s Loan files relating to the Loans and/or Servicing Rights to be sold or previously sold to Purchaser for quality control purposes.