|
|
|
|
Document Preview Transfer and Servicing Agreement |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Transfer and Servicing Agreement |
|||
|
Entities: |
||||
|
Date: |
2007 |
|||
|
Size: |
Preview shows 49KB of 522KB total |
|||
|
Price: |
$99 |
|||
|
ID: |
#3270555 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
|
ARTICLE I
DEFINITIONS | ||
|
Section 1.01. |
Definitions |
5 |
|
Section 1.02. |
Calculations With Respect to the Mortgage Loans |
38 |
|
Section 1.03. |
Calculations With Respect to Accrued Interest |
38 |
|
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS | ||
|
Section 2.01. |
Creation and Declaration of Trust Estate; Conveyance of Initial Mortgage Loans |
39 |
|
Section 2.02. |
Acceptance of Trust Estate; Review of Documentation. |
41 |
|
Section 2.03. |
Grant Clause. |
43 |
|
Section 2.04. |
Subsequent Transfers. |
45 |
|
Section 2.05. |
Option to Contribute Derivative Instrument. |
47 |
|
ARTICLE III
REPRESENTATIONS AND WARRANTIES
| ||
|
Section 3.01. |
Representations and Warranties of the Depositor and the Seller. |
47 |
|
Section 3.02. |
Discovery of Breach |
49 |
|
Section 3.03. |
Repurchase, Purchase or Substitution of Mortgage Loans. |
50 |
|
ARTICLE IV
ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS BY THE SERVICER
| ||
|
Section 4.01. |
Seller?s Engagement of Servicer to Perform Servicing Responsibilities. |
51 |
|
Section 4.02. |
Servicing of the Mortgage Loans. |
52 |
|
Section 4.03. |
Payments To the Master Servicer. |
64 |
|
Section 4.04. |
General Servicing Procedures. |
67 |
|
Section 4.05. |
Representations, Warranties and Agreements. |
70 |
|
Section 4.06. |
The Servicer . |
76 |
|
Section 4.07. |
Termination for Cause. |
74 |
|
Section 4.08. |
Successor to Servicer Miscellaneous Provisions. |
76 |
|
Section 4.09. |
Miscellaneous Servicing Provisions. |
78 |
|
ARTICLE V
ADMINISTRATION AND MASTER SERVICING OF MORTGAGE LOANS BY THE MASTER SERVICER AND THE TRUST ADMINISTRATOR
| ||
|
Section 5.01. |
Duties of the Master Servicer; Representations and Warranties. |
79 |
|
Section 5.02. |
Master Servicer Fidelity Bond and Master Servicer Errors and Omissions Insurance Policy. |
81 |
|
Section 5.03. |
Master Servicer?s Financial Statements and Related Information |
82 |
|
Section 5.04. |
Power to Act; Procedures. |
82 |
|
Section 5.05. |
Enforcement of Servicer?s and Master Servicer?s Obligations. |
83 |
|
Section 5.06. |
[Reserved]. |
84 |
|
Section 5.07. |
Collection Account. |
84 |
|
Section 5.08. |
Application of Funds in the Collection Account. |
85 |
|
Section 5.09. |
Reports to Indenture Trustee and Noteholders. |
87 |
|
Section 5.10. |
Termination of Servicer; Successor Servicers. |
90 |
|
Section 5.11. |
Master Servicer Liable for Enforcement |
91 |
|
Section 5.12. |
Assumption of Master Servicing by Indenture Trustee. |
91 |
|
Section 5.13. |
[Reserved]. |
91 |
|
Section 5.14. |
Release of Mortgage Files. |
91 |
|
Section 5.15. |
Documents, Records and Funds in Possession of Master Servicer To Be Held for Indenture Trustee. |
92 |
|
Section 5.16. |
Opinion |
93 |
|
Section 5.17. |
[Reserved]. |
94 |
|
Section 5.18. |
[Reserved]. |
94 |
|
Section 5.19. |
[Reserved] |
94 |
|
Section 5.20. |
Indenture Trustee To Retain Possession of Certain Insurance Policies and Documents |
94 |
|
Section 5.21. |
Compensation to the Master Servicer |
94 |
|
Section 5.22. |
[Reserved] |
94 |
|
Section 5.23. |
Reports to the Indenture Trustee. |
94 |
|
Section 5.24. |
Annual Statement of Compliance with Applicable Servicing Criteria. |
95 |
|
Section 5.25. |
Assessment of Compliance and Attestation Reports. |
95 |
|
Section 5.26. |
Merger or Consolidation. |
96 |
|
Section 5.27. |
Resignation of Master Servicer. |
97 |
|
Section 5.28. |
Assignment or Delegation of Duties by the Master Servicer. |
|
End of Preview |
Home Intelligence Services Subscriptions News About Us