Transferee servicer definition

Transferee servicer means the person to whom any student loan servicing of a post- secondary education loan is assigned, sold, or transferred.
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Transferee servicer means a servicer that has agreed to obtain the right to service a mortgage loan pursuant to an agreement or understanding.
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Transferee servicer means a licensed mortgage servicer that obtains the right to service a loan under either a subservicing agreement or an agreement for the sale of mortgage servicing rights.
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Examples of Transferee servicer in a sentence

  • The information that must be transferred includes information reflecting the current status of discussions with the borrower concerning loss mitigation options, any loss mitigation agreements entered into with the borrower, and analysis the servicer performed with respect to potential recovery from a non-performing mortgage loan.b. Transferee servicer.

  • Transferee servicer means a servicer that obtains or will obtain the right to perform servicing pursuant to an agreement or understanding.

  • Transferee servicer means a servicer who obtains or who will obtain the right to perform servicing functions pursuant to an agreement or understanding.

  • NOTICE OF TRANSFER OF SERVICING AND CLAIM PLEASE TAKE NOTICE that the servicing of the mortgage loan represented by the Proof of Claim # [Claim no.] filed on [Date] in the amount of $ , by [Transferor name], Transferor, with the address of [City, State, ZIP] has been transferred to [Transferee name], Transferee (Loan No. [Loan no.]).Chapter 13 Trustee payments and regular monthly payments should be sent to [Transferee servicer name], with the address of [City, State, ZIP].

  • For purposes of this paragraph (k), the transfer date is the date on which the transferee servicer will begin accepting payments relating to the mortgage loan, as disclosed on the notice of transfer of loan servicing pursuant to§ 1024.33(b)(4)(iv).(2) Acknowledgment notices—(i) Transferee servicer timeframes.

  • For purposes of this paragraph (k), the transfer date is the date on which the transferee servicer will begin accepting payments relating to the mortgage loan, as disclosed on the notice of transfer of loan servicing pursuant to § 1024.33(b)(4)(iv).(2) Acknowledgment notices—(i) Transferee servicer timeframes.

Related to Transferee servicer

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

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • 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.

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

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