SPS Servicing Agreement definition

SPS Servicing Agreement means that certain ▇▇▇▇▇▇▇ and Restated Servicing Agreement, dated effective as of August 1, 2019, between Seller A, as mortgage servicing rights owner, and SPS, as servicer, as the same may be amended, supplemented, otherwise modified or replaced from time to time.
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SPS Servicing Agreement. The Servicing Agreement dated January 1, 2005, between the Seller and SPS, as modified pursuant to the related Assignment Agreement.
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SPS Servicing Agreement. The Five Oaks Securitization Program Servicing Agreement dated November 1, 2015 between FOAC and SPS, the Mortgage Loan Servicing Standard Terms and Conditions dated November 1, 2015 between FOAC and SPS, and the Trust Servicing Supplement dated November 1, 2015 among FOAC, the Trustee and SPS. Trustee: Wilmington Savings Fund Society, FSB, D/B/A Christiana Trust, not individually, but solely in its capacity as Trustee under the Pooling and Servicing Agreement or its assigns.
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Examples of SPS Servicing Agreement in a sentence

  • Each Mortgage Loan will be master serviced by the Master Servicer under the Pooling and Servicing Agreement and serviced by the related Servicer on behalf of the Trust under the Pooling and Servicing Agreement or under the SPS Servicing Agreement, IndyMac Servicing Agreement or Washington Mutual Servicing Agreement, as applicable, and the Seller has represented to the Purchaser that the Mortgage Loans are not subject to any other servicing agreements with third parties.

  • For so long as the Master Servicer master services a Mortgage Loan and the related Servicers service such Mortgage Loan, the Master Servicer shall be entitled to the Master Servicing Fee and the Servicer shall be entitled to the servicing fee with respect to such Mortgage Loan and such other payments as provided for under the terms of the Pooling and Servicing Agreement and the SPS Servicing Agreement, as applicable.

  • For so long as the Master Servicer master services a Mortgage Loan and the related Servicers service such Mortgage Loan, the Master Servicer shall be entitled to the Master Servicing Fee and the Servicer shall be entitled to the servicing fee with respect to such Mortgage Loan and such other payments as provided for under the terms of the Pooling and Servicing Agreement and the SPS Servicing Agreement, IndyMac Servicing Agreement or Washington Mutual Servicing Agreement, as applicable.

  • Each Mortgage Loan will be master serviced by the Master Servicer under the Pooling and Servicing Agreement and serviced by the related Servicer on behalf of the Trust under the Pooling and Servicing Agreement or under the SPS Servicing Agreement, as applicable, and the Seller has represented to the Purchaser that the Mortgage Loans are not subject to any other servicing agreements with third parties.

  • In addition, from and after the Closing Date, (i) the SPS Mortgage Loans will be serviced and administered by SPS pursuant to the SPS Servicing Agreement and (ii) the WMMSC Mortgage Loans will be serviced and administered by WMMSC pursuant to the WMMSC Servicing Agreement, and neither Ocwen nor ▇▇▇▇▇ Fargo will have any responsibility to service or administer such Mortgage Loans or have any other obligation with respect to such Mortgage Loans (including reporting or remitting funds to the Master Servicer).

  • It is understood and agreed between the Seller and the Purchaser that the Mortgage Loans are to be delivered free and clear of any servicing agreements (other than the SPS Servicing Agreement, IndyMac Servicing Agreement and Washington Mutual Servicing Agreement, each of which will be assigned to the Purchaser as of the date hereof).

  • It is understood and agreed between the Seller and the Purchaser that the Mortgage Loans are to be delivered free and clear of any servicing agreements (other than the SPS Servicing Agreement, which will be assigned to the Purchaser as of the date hereof).


More Definitions of SPS Servicing Agreement

SPS Servicing Agreement. The Mortgage Loan Securitization Program Agreement, dated as of November 1, 2015 between SPS and Five Oaks Acquisition Corp., as amended or supplemented from time to time as permitted thereunder including the related Mortgage Loan Servicing Standard Terms and Conditions dated as of November 1, 2015 for servicing agreements between the Sponsor and SPS attached as Exhibit B thereto, as amended or supplemented from time to time as permitted thereunder, together with the SPS Series 2015-2 Servicing Supplement.
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