Subservicing Fee definition

Subservicing Fee. As to any Mortgage Loan, the fee payable monthly to the related Subservicer, if any.

More Definitions of Subservicing Fee

Subservicing Fee. With respect to each Mortgage Loan and any Distribution Date, the portion of the Servicing Fee paid to a Subservicer.
Subservicing Fee. With respect to any Mortgage Loan, an amount equal to (a) one-twelfth the product of (i) the Subservicing Fee Rate and (ii) the Stated Principal Balance of such Mortgage Loan as of the first day of the related month.
Subservicing Fee. With respect to any Mortgage Loan, the fee payable monthly to the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to the Master Servicer) in respect of subservicing and other compensation that accrues with respect to each Distribution Date at an annual rate designated as "SUBSERV FEE" on the Mortgage Loan Schedule. Tax Returns: The federal income tax return on Internal Revenue Service Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed on behalf of any REMIC hereunder due to its classification as a REMIC under the REMIC Provisions, together with any and all other information, reports or returns that may be required to be furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable provisions of federal, state or local tax laws. Telerate Screen Page 3750: As defined in Section 1.02. Transfer: Any direct or indirect transfer, sale, pledge, hypothecation or other form of assignment of any Ownership Interest in a Certificate.
Subservicing Fee. The annual fee, payable monthly to the Subservicer out of the interest portion of the Monthly Payment received on each Mortgage Loan.
Subservicing Fee. As to each Mortgage Loan, the monthly fee payable to the Subservicer, paid by Seller from its Servicing Fee.
Subservicing Fee. With respect to each Mortgage Loan, the amount of the fee retained by the Seller, as sub-servicer pursuant to Section 13, which shall, for each month, be equal to $7.00 per Mortgage Loan serviced by the Seller, as such fee may be modified pursuant to Section 13. Termination Fee: [_____________________________].