Servicing Default. The meaning assigned in Section 6.01 of the Servicing Agreement.

Servicing Default. The meaning specified in Section 7.01 of the Servicing Agreement.

Servicing Default. Any one of the following events:

Examples of Servicing Default in a sentence

Because the Court is required to view the evidence in the light most favorable to BNYM on Plaintiffs’ cross-motion, BNYM’s denial of knowledge forecloses Plaintiffs’ motion relative to FNLC 2005-2.the Trust’s former servicer (NovaStar Mortgage Inc.) misappropriated trust funds, which gave rise to a Servicing Default under the SSA, Cross-Mot.
The authors cite Craig Focardi, Servicing Default Management: An Overview of the Process and Underlying Technology, TowerGroup Research Note, No. 033-13C (November 15, 2002).
Craig Focardi, Servicing Default Management: An Overview of the Process and Underlying Technology, Tower Group, 2002.
Servicing, Default Management and ForeclosureIn 2007, the housing bubble burst and real estate values plummeted.
Servicing Default Section 184 Guaranteed Loans§ 1005.729 Section 184 Guaranteed Loan collection action.A Servicer shall take prompt action to collect amounts due from Borrowers to minimize the number of accounts in default status.

More Definitions of Servicing Default

Servicing Default. The meaning assigned in Section 7.01 hereof.

Servicing Default. Means a servicing default as described under Section 7(a) of this Agreement.

Servicing Default. Any default by the Servicer under the Servicing Agreement that is an "Event of Default" under the Servicing Agreement, as specified in Section 5.01 thereof.

Servicing Default shall have the meaning specified in Section 7.1 of the Trust Sale and Servicing Agreement.

Servicing Default has the meaning set forth in Section 7.01 of the Sale and Servicing Agreement.

Servicing Default shall occur under the ARFC/JPMorgan Chase Purchase Agreement;