Common use of Servicer Shall Provide Information as Reasonably Required Clause in Contracts

Servicer Shall Provide Information as Reasonably Required. The Servicer shall furnish to the Owner during the term of this Agreement, such periodic, special or other reports, information or documentation, whether or not provided for herein, as shall be necessary, reasonable or appropriate in respect to the Owner, or otherwise in respect to the Mortgage Loans and the performance of the Servicer under this Agreement, including any reports, information or documentation reasonably required to comply with any regulations regarding any supervisory agents or examiners of the Owner all such reports or information to be as provided by and in accordance with such applicable instructions and directions as the Owner may reasonably request in relation to this Agreement or the performance of the Servicer under this Agreement. The Servicer agrees to execute and deliver all such instruments and take all such action as the Owner, from time to time, may reasonably request in order to effectuate the purpose and to carry out the terms of this Agreement. In connection with marketing the Mortgage Loans, the Owner may make available to a prospective purchaser audited financial statements of the Servicer for the most recently completed two (2) fiscal years for which such statements are available, as well as a Consolidated Statement of Condition at the end of the last two (2) fiscal years covered by any Consolidated Statement of Operations. If it has not already done so, upon request, the Servicer shall furnish promptly to the Owner or a prospective purchaser copies of the statements specified above; provided, however, that prior to furnishing such statements or information to any prospective purchaser, the Servicer may require such prospective purchaser to execute a confidentiality agreement in a form satisfactory to the Servicer. The Servicer shall make reasonably available to the Owner or any prospective purchaser a knowledgeable financial or accounting officer for the purpose of answering questions and to permit any prospective purchaser to inspect the Servicer’s servicing facilities for the purpose of satisfying such prospective purchaser that the Servicer has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 3 contracts

Samples: Flow Servicing Agreement (J.P. Morgan Mortgage Trust 2006-S4), Flow Servicing Agreement (J.P. Morgan Alternative Loan Trust 2006-A7), Flow Servicing Agreement (J.P. Morgan Mortgage Trust 2006-A1)

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Servicer Shall Provide Information as Reasonably Required. The Servicer Seller shall furnish to the Owner Purchaser during the term of this Agreement, at the Servicer’s expense, such periodic, special or other reports, information or documentation, whether or not provided for herein, as shall be necessary, reasonable or appropriate in respect to the OwnerPurchaser, or otherwise in respect to the Mortgage Loans and the performance of the Servicer under this Agreement, including any reports, information or documentation reasonably required to comply with any regulations regarding any supervisory agents or examiners of the Owner Purchaser all such reports or information to be as provided by and in accordance with such applicable instructions and directions as the Owner Purchaser may reasonably request in relation to this Agreement or the performance of the Servicer under this Agreement. The Servicer agrees to execute and deliver all such instruments and take all such action as the OwnerPurchaser, from time to time, may reasonably request in order to effectuate the purpose and to carry out the terms of this Agreement. In connection with marketing the Mortgage Loans, the Owner Purchaser may make available to a prospective purchaser audited financial statements of the Seller and the Servicer for the most recently completed two (2) fiscal years for which such statements are available, as well as a Consolidated Statement consolidated statement of Condition condition at the end of the last two (2) fiscal years covered by any Consolidated Statement consolidated statement of Operationsoperations. If it has not already done so, upon request, the Seller and the Servicer shall furnish promptly to the Owner Purchaser or a prospective purchaser copies of the statements specified above; provided, however, that prior to furnishing such statements or information to any prospective purchaser, the Seller and the Servicer may require such prospective purchaser to execute a confidentiality agreement in a form satisfactory to the Seller or Servicer, as applicable. The Servicer shall make reasonably available to the Owner Purchaser or any prospective purchaser a knowledgeable financial or accounting officer for the purpose of answering questions and to permit any prospective purchaser to inspect the Servicer’s servicing facilities for the purpose of satisfying such prospective purchaser that the Servicer has the ability to service the Mortgage Loans as provided in this Agreement. The Servicer shall maintain with respect to each Mortgage Loan and shall make available for inspection by the Purchaser or its designee the related Servicing File during the time the Purchaser retains ownership of a Mortgage Loan and thereafter in accordance with applicable laws and regulations.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2005-1), Assignment Agreement (Terwin Securitization LLC), Assumption and Recognition Agreement (MASTR Asset Securitization Trust 2006-3)

Servicer Shall Provide Information as Reasonably Required. The Servicer shall furnish to the Owner Purchaser during the term of this Agreement, at the Purchaser's expense, such periodic, special or other reports, information or documentation, whether or not provided for herein, as shall be necessary, reasonable or appropriate in respect to the OwnerPurchaser, or otherwise in respect to the Mortgage Loans and the performance of the Servicer under this Agreement, including any reports, information or documentation reasonably required to comply with any regulations regarding any supervisory agents or examiners of the Owner Purchaser, all such reports or information to be as provided by and in accordance with such applicable instructions and directions as the Owner Purchaser may reasonably request in relation to this Agreement or the performance of the Servicer under this Agreement. The Servicer agrees to execute and deliver all such instruments and take all such action as the OwnerPurchaser, from time to time, may reasonably request in order to effectuate the purpose and to carry out the terms of this Agreement. In connection with marketing the Mortgage Loans, the Owner Purchaser may make available to a prospective purchaser audited financial statements of the Seller and the Servicer for the most recently completed two (2) fiscal years for which such statements are available, as well as a Consolidated Statement consolidated statement of Condition condition at the end of the last two (2) fiscal years covered by any consolidated statement of operations, specifically, such statements are known as Consolidated Statement Balance Sheets, Consolidated Statements of OperationsIncome, Consolidated Statements of Changes in Stockholder's Equity, Consolidated Statements of Cash Flows, Notes to Consolidated Financial Statements, and the USAP and Management Assertion letters. If it has not already done so, upon request, the Seller and the Servicer shall furnish promptly to the Owner Purchaser or a prospective purchaser copies of the statements specified above; provided, however, that prior to furnishing such statements or information to any prospective purchaser, the Seller and the Servicer may require such prospective purchaser to execute a confidentiality agreement in a form satisfactory to the Seller or Servicer, as applicable. The Servicer shall make reasonably available to the Owner Purchaser or any prospective purchaser a knowledgeable financial or accounting officer for the purpose of answering questions and to permit any prospective purchaser to inspect the Servicer’s 's servicing facilities for the purpose of satisfying such prospective purchaser that the Servicer has the ability to service the Mortgage Loans as provided in this Agreement. The Servicer shall maintain with respect to each Mortgage Loan and shall make available for inspection by the Purchaser or its designee the related Servicing File during the time the Purchaser retains ownership of a Mortgage Loan and thereafter in accordance with applicable laws and regulations.

Appears in 3 contracts

Samples: Warranties and Servicing Agreement (Gs Mortgage Securities Corp), Warranties and Servicing Agreement (Gs Mortgage Securities Corp), Assignment, Assumption and Recognition Agreement (Gs Mortgage Securities Corp)

Servicer Shall Provide Information as Reasonably Required. The Servicer Seller shall furnish to the Owner Purchaser during the term of this Agreement, at the Servicer's expense, such periodic, special or other reports, information or documentation, whether or not provided for herein, as shall be necessary, reasonable or appropriate in respect to the OwnerPurchaser, or otherwise in respect to the Mortgage Loans and the performance of the Servicer under this Agreement, including any reports, information or documentation reasonably required to comply with any regulations regarding any supervisory agents or examiners of the Owner Purchaser all such reports or information to be as provided by and in accordance with such applicable instructions and directions as the Owner Purchaser may reasonably request in relation to this Agreement or the performance of the Servicer under this Agreement. The Servicer agrees to execute and deliver all such instruments and take all such action as the OwnerPurchaser, from time to time, may reasonably request in order to effectuate the purpose and to carry out the terms of this Agreement. In connection with marketing the Mortgage Loans, the Owner Purchaser may make available to a prospective purchaser audited financial statements of the Seller and the Servicer for the most recently completed two (2) fiscal years for which such statements are available, as well as a Consolidated Statement consolidated statement of Condition condition at the end of the last two (2) fiscal years covered by any Consolidated Statement consolidated statement of Operationsoperations. If it has not already done so, upon request, the Seller and the Servicer shall furnish promptly to the Owner Purchaser or a prospective purchaser copies of the statements specified above; provided, however, that prior to furnishing such statements or information to any prospective purchaser, the Seller and the Servicer may require such prospective purchaser to execute a confidentiality agreement in a form satisfactory to the Seller or Servicer, as applicable. The Servicer shall make reasonably available to the Owner Purchaser or any prospective purchaser a knowledgeable financial or accounting officer for the purpose of answering questions and to permit any prospective purchaser to inspect the Servicer’s 's servicing facilities for the purpose of satisfying such prospective purchaser that the Servicer has the ability to service the Mortgage Loans as provided in this Agreement. The Servicer shall maintain with respect to each Mortgage Loan and shall make available for inspection by the Purchaser or its designee the related Servicing File during the time the Purchaser retains ownership of a Mortgage Loan and thereafter in accordance with applicable laws and regulations.

Appears in 2 contracts

Samples: Servicing Agreement (E Loan Inc), Custodial Agreement (SunTrust Alternative Loan Trust, Series 2005-1f)

Servicer Shall Provide Information as Reasonably Required. The Servicer Seller shall furnish to the Owner Purchaser during the term of this Agreement, Agreement such periodic, special or other reports, information or documentation, whether or not provided for herein, as shall be necessary, reasonable or appropriate in respect to the OwnerPurchaser, or otherwise in respect to the Mortgage Loans and the performance of the Servicer under this Agreement, including any reports, information or documentation reasonably required to comply with any regulations regarding any supervisory agents or examiners of the Owner Purchaser all such reports or information to be as provided by and in accordance with such applicable instructions and directions as the Owner Purchaser may reasonably request in relation to this Agreement or the performance of the Servicer under this Agreement. Such reports, information or documentation shall be afforded without charge to the Purchaser, provided complying with such requests does not impose an unreasonable financial burden on the Seller. The Servicer agrees to execute and deliver all such instruments and take all such action as the OwnerPurchaser, from time to time, may reasonably request in order to effectuate the purpose and to carry out the terms of this Agreement. In connection with marketing the Mortgage Loans, the Owner may make available to a prospective purchaser audited financial statements of the Servicer for the most recently completed two (2) fiscal years for which such statements are available, as well as a Consolidated Statement of Condition at the end of the last two (2) fiscal years covered by any Consolidated Statement of Operations. If it has not already done so, upon request, the Servicer shall furnish promptly to the Owner or a prospective purchaser copies of the statements specified above; provided, however, that prior to furnishing such statements or information to any prospective purchaser, the Servicer may require such prospective purchaser to execute a confidentiality agreement in a form satisfactory to the Servicer. The Servicer shall make reasonably available to the Owner Purchaser or any prospective purchaser a knowledgeable financial or accounting officer for the purpose of answering questions and to permit any prospective purchaser to inspect the Servicer’s servicing facilities for the purpose of satisfying such prospective purchaser that the Servicer has the ability to service the Mortgage Loans as provided in this Agreement. The Servicer shall maintain with respect to each Mortgage Loan and shall make available for inspection by the Purchaser or its designee the related Servicing File during the time the Purchaser retains ownership of a Mortgage Loan and thereafter in accordance with applicable laws and regulations.

Appears in 2 contracts

Samples: Assumption and Recognition Agreement (CSMC Trust 2007-4), Assumption and Recognition Agreement (CSMC Mortgage Backed Trust Series 2007-1)

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Servicer Shall Provide Information as Reasonably Required. The Servicer shall furnish to the Owner during the term of this Agreement, such periodic, special or other reports, information or documentation, whether or not provided for herein, as shall be necessary, reasonable or appropriate in respect to the Owner, or otherwise in respect to the Mortgage Loans and the performance of the Servicer under this Agreement, including any reports, information or documentation reasonably required to comply with any regulations regarding any supervisory agents or examiners of the Owner all such reports or information to be as provided by and in accordance with such applicable instructions and directions as the Owner may reasonably request in relation to this Agreement or the performance of the Servicer under this Agreement. The Servicer agrees to execute and deliver all such instruments and take all such action as the Owner, from time to time, may reasonably request in order to effectuate the purpose and to carry out the terms of this Agreement. In connection with marketing the Mortgage Loans, the Owner may make available to a prospective purchaser Owner audited financial statements of the Servicer for the most recently completed two (2) fiscal years for which such statements are available, as well as a Consolidated Statement of Condition at the end of the last two (2) fiscal years covered by any Consolidated Statement of Operations. If it has not already done so, upon request, the Servicer shall furnish promptly to the Owner or a prospective purchaser Owner copies of the statements specified above; provided, however, that prior to furnishing such statements or information to any prospective purchaserOwner, the Servicer may require such prospective purchaser Owner to execute a confidentiality agreement in a form satisfactory to the Servicer. The Servicer shall make reasonably available to the Owner or any prospective purchaser Owner a knowledgeable financial or accounting officer for the purpose of answering questions and to permit any prospective purchaser Owner to inspect the Servicer’s 's servicing facilities for the purpose of satisfying such prospective purchaser Owner that the Servicer has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Prime Mortgage Trust 2005-5)

Servicer Shall Provide Information as Reasonably Required. The Servicer Seller shall furnish to the Owner Purchaser during the term of this Agreement, Agreement such periodic, special or other reports, information or documentation, whether or not provided for herein, as which the Parties shall be agree are necessary, reasonable or appropriate in respect to the OwnerPurchaser, or otherwise in respect to the Mortgage Loans and the performance of the Servicer under this Agreement, including any . The Seller shall also provide reports, information or documentation reasonably required to comply with any regulations regarding any supervisory agents or examiners of the Owner Purchaser all such reports or information to be as provided by and in accordance with such applicable instructions and directions as the Owner Purchaser may reasonably request in relation to this Agreement or the performance of the Servicer under this Agreement. The Servicer agrees shall be entitled to execute and deliver all such instruments and take all such action as be reimbursed for the OwnerServicer's actual expenses incurred in providing reports, from time information or documentation required to time, may reasonably request in order to effectuate comply with any regulations regarding any supervisory agents or examiners of the purpose and to carry out the terms of this AgreementPurchaser. In connection with marketing the Mortgage Loans, the Owner Purchaser may request the Seller and/or the Servicer to make available to a prospective purchaser audited annual financial statements of the Seller and the Servicer for the most recently completed two (2) fiscal years for which such statements are available, as well as a Consolidated Statement consolidated statement of Condition condition at the end of the last two (2) fiscal years covered by any Consolidated Statement consolidated statement of Operationsoperations. If it has not already done so, upon request, The Seller and the Servicer shall furnish promptly to the Owner Purchaser or a prospective purchaser copies of the statements specified above; provided, however, that prior to furnishing such statements or information to any prospective purchaser, the Servicer may require such prospective purchaser shall execute and deliver to execute Seller and/or Servicer a confidentiality agreement in a form satisfactory to the Seller or Servicer, as applicable. The Servicer shall make reasonably available to the Owner Purchaser or any prospective purchaser a knowledgeable financial or accounting officer for the purpose of answering questions and to permit any prospective purchaser to inspect the Servicer’s 's servicing facilities for the purpose of satisfying such prospective purchaser that the Servicer has the ability to service the Mortgage Loans as provided in this Agreement. The Servicer shall maintain with respect to each Mortgage Loan and shall make available for inspection by the Purchaser or its designee the related Servicing File during the time the Purchaser retains ownership of a Mortgage Loan and thereafter in accordance with applicable laws and regulations. The Servicer shall be entitled to be reimbursed for the Servicer's costs expenses incurred in fulfilling its obligations under this Section 6.07.

Appears in 1 contract

Samples: Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa4)

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