Subservicer definition

Subservicer means any Person that services Receivables on behalf of the Servicer or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Servicer under this Agreement that are identified in Item 1122(d) of Regulation AB.
Subservicer. As defined in Section 3.02(a).
Subservicer. Any person to whom the Master Servicer has contracted for the servicing of all or a portion of the Mortgage Loans pursuant to Section 3.2 hereof.

Examples of Subservicer in a sentence

  • The Plan covers the lifecycle of an FHA insured Mortgage to include: • Origination*• Underwriting*• Closing*• Endorsement* and• Servicing functions that are considered by MFA and/or MFA’s contracted service provider (Sub-servicer) *MFA does not originate FHA insured mortgages; therefore, the origination, underwriting, closing and endorsement requirements are not applicable in this Quality Control Plan.


More Definitions of Subservicer

Subservicer. Any Person that (i) services Mortgage Loans on behalf of any Servicer, and (ii) is responsible for the performance (whether directly or through sub-servicers or Subcontractors) of Servicing functions that are identified in Item 1122(d) of Regulation AB required to be performed under this Agreement, any related Servicing Agreement or any sub-servicing agreement.
Subservicer. Any Person with whom the Master Servicer has entered into a Subservicing Agreement and who generally satisfied the requirements set forth in the Program Guide in respect of the qualification of a Subservicer as of the date of its approval as a Subservicer by the Master Servicer.
Subservicer. Any Person with which the Servicer has entered into a Subservicing Agreement and which satisfies the requirements set forth therein.
Subservicer. Any Subservicer which is subservicing the Mortgage Loans pursuant to a Subservicing Agreement. Any subservicer shall meet the qualifications set forth in Section 4.01.
Subservicer means any Person that services the Trust Student Loans on behalf of the Administrator, Servicer or Indenture Trustee (as applicable) and is responsible for the performance (whether directly or through other Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Administrator, Servicer or Indenture Trustee (as applicable) that are identified in Item 1122(d) of Regulation AB.
Subservicer. Any Person with whom the Servicer has entered into a Subservicing Agreement and who satisfies the requirements set forth in Section 3.01(b) in respect of the qualification of a Subservicer.