Prior Servicers definition

Prior Servicers. Each originator, owner or servicer of any of the Mortgage Loans other than, and prior to, Seller or Current Servicer.
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Prior Servicers means, as of any date of determination, the Receiver, the Company, the Existing Servicers, the FDIC, the Failed Bank and any predecessor-in-interest thereof, any Ownership Entities existing (or having been in existence) on or before such date, and all of their respective Related Persons (but excluding, in all cases, the Manager (in its individual capacity)).
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Prior Servicers is a collective reference to all individuals and entities --------------- (except Subservicer) who at any time originated, serviced or subserviced any of the Mortgage Loans.
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Examples of Prior Servicers in a sentence

  • All real estate taxes, special government assessments, ground rents and flood, hazard, LGC, MIC and MI insurance premiums with respect to all Mortgage Loans have been paid when due by Seller or the Prior Servicers or, if not escrowed, paid by the Mortgagors.


More Definitions of Prior Servicers

Prior Servicers means, individually or collectively, all individuals and entities that at any time originated, serviced or subserviced any of the Mortgage Loans. “Recon Firm” is defined in Section 2.5(d)(2). “REO” means real estate owned, i.e. real property for which the title was acquired by an Investor or by Lender through foreclosure of a Mortgage or acceptance of a deed in lieu of foreclosure. “Servicing Rights” means the rights and responsibilities with respect to servicing and subservicing the Mortgage Loans and the associated Escrow Accounts and Mortgage Loan Files. “Subservicer” means the Party identified as such at the top of Page 1. “T&I” means taxes and insurance. “Term” is defined in Section 5.1. 5
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Related to Prior Servicers

  • Prior service means service rendered prior to becoming a member of the Retirement System.

  • Servicers Wells Fargo Bank, as a Servicer under the related Servicing Agreement. Xxxtially the servicing functions performed by Wells Fargo Bank shall be performed by the Wells Fargo Home Mortgage xxxxxion of Wells Fargo Bank.

  • Prior service credit means credit provided under ORS 238.442 or under ORS 238.225 (2)

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Successor Servicer means any entity appointed as a successor to the Servicer pursuant to Section 8.02.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • 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.

  • Back-Up Servicer means Xxxxx Fargo Bank, National Association and its permitted successors and assigns, as provided in the Indenture.