SPS Servicing Agreement definition

SPS Servicing Agreement. The Servicing Agreement dated January 1, 2005, between the Seller and SPS, as modified pursuant to the related Assignment Agreement.
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SPS Servicing Agreement means that certain Amended and Restated Servicing Agreement, dated effective as of August 1, 2019, between Seller A, as mortgage servicing rights owner, and SPS, as servicer, as the same may be amended, supplemented, otherwise modified or replaced from time to time.
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SPS Servicing Agreement means that certain Xxxxxxx and Restated Servicing Agreement, dated effective as of August 1, 2019, between Seller A, as mortgage servicing rights owner, and SPS, as servicer, as the same may be amended, supplemented, otherwise modified or replaced from time to time.
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Examples of SPS Servicing Agreement in a sentence

  • For so long as the Master Servicer master services a Mortgage Loan and the related Servicers service such Mortgage Loan, the Master Servicer shall be entitled to the Master Servicing Fee and the Servicer shall be entitled to the servicing fee with respect to such Mortgage Loan and such other payments as provided for under the terms of the Pooling and Servicing Agreement and the SPS Servicing Agreement, as applicable.

  • In addition, from and after the Closing Date, (i) the SPS Mortgage Loans will be serviced and administered by SPS pursuant to the SPS Servicing Agreement and (ii) the WMMSC Mortgage Loans will be serviced and administered by WMMSC pursuant to the WMMSC Servicing Agreement, and neither Ocwen nor Xxxxx Fargo will have any responsibility to service or administer such Mortgage Loans or have any other obligation with respect to such Mortgage Loans (including reporting or remitting funds to the Master Servicer).

  • Each Mortgage Loan will be master serviced by the Master Servicer under the Pooling and Servicing Agreement and serviced by the related Servicer on behalf of the Trust under the Pooling and Servicing Agreement or under the SPS Servicing Agreement, as applicable, and the Seller has represented to the Purchaser that the Mortgage Loans are not subject to any other servicing agreements with third parties.

  • It is understood and agreed between the Seller and the Purchaser that the Mortgage Loans are to be delivered free and clear of any servicing agreements (other than the SPS Servicing Agreement, IndyMac Servicing Agreement and Washington Mutual Servicing Agreement, each of which will be assigned to the Purchaser as of the date hereof).

  • For so long as the Master Servicer master services a Mortgage Loan and the related Servicers service such Mortgage Loan, the Master Servicer shall be entitled to the Master Servicing Fee and the Servicer shall be entitled to the servicing fee with respect to such Mortgage Loan and such other payments as provided for under the terms of the Pooling and Servicing Agreement and the SPS Servicing Agreement, IndyMac Servicing Agreement or Washington Mutual Servicing Agreement, as applicable.

  • It is understood and agreed between the Seller and the Purchaser that the Mortgage Loans are to be delivered free and clear of any servicing agreements (other than the SPS Servicing Agreement, which will be assigned to the Purchaser as of the date hereof).

  • Each Mortgage Loan will be master serviced by the Master Servicer under the Pooling and Servicing Agreement and serviced by the related Servicer on behalf of the Trust under the Pooling and Servicing Agreement or under the SPS Servicing Agreement, IndyMac Servicing Agreement or Washington Mutual Servicing Agreement, as applicable, and the Seller has represented to the Purchaser that the Mortgage Loans are not subject to any other servicing agreements with third parties.


More Definitions of SPS Servicing Agreement

SPS Servicing Agreement. The Mortgage Loan Securitization Program Agreement, dated as of November 1, 2015 between SPS and Five Oaks Acquisition Corp., as amended or supplemented from time to time as permitted thereunder including the related Mortgage Loan Servicing Standard Terms and Conditions dated as of November 1, 2015 for servicing agreements between the Sponsor and SPS attached as Exhibit B thereto, as amended or supplemented from time to time as permitted thereunder, together with the SPS Series 2015-2 Servicing Supplement.
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SPS Servicing Agreement. The Five Oaks Securitization Program Servicing Agreement dated November 1, 2015 between FOAC and SPS, the Mortgage Loan Servicing Standard Terms and Conditions dated November 1, 2015 between FOAC and SPS, and the Trust Servicing Supplement dated November 1, 2015 among FOAC, the Trustee and SPS. Trustee: Wilmington Savings Fund Society, FSB, D/B/A Christiana Trust, not individually, but solely in its capacity as Trustee under the Pooling and Servicing Agreement or its assigns.
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Related to SPS Servicing Agreement

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

  • Subservicing Agreement The written contract between the Master Servicer and any Subservicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02, generally in the form of the servicer contract referred to or contained in the Program Guide or in such other form as has been approved by the Master Servicer and the Depositor.

  • Back-Up Servicing Agreement means that certain Back-Up Servicing Agreement to be entered into by and among the Company, the Administrative Agent and the Back-Up Servicer, as such agreement may be amended, restated, supplemented or otherwise modified from time to time.

  • Primary Servicing Agreement means the agreement between the applicable Primary Servicer and the Master Servicer, under which such applicable Primary Servicer services the Mortgage Loans set forth on the schedule attached thereto.

  • Substitute Servicing Agreement means a servicing agreement that contains servicing provisions which are the same as or more favorable to the Non-Lead Noteholders, in substance, to those in the Servicing Agreement (including, without limitation, all applicable provisions relating to delivery of information and reports necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities Exchange Act of 1934, as amended) and all references herein to the “Servicing Agreement” shall mean such subsequent servicing agreement; provided, however, that if a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have been obtained from each Rating Agency with respect to such subsequent servicing agreement.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Non-Lead Servicing Agreement means the pooling and servicing agreement, trust and servicing agreement or other similar agreement to be entered into in connection with a Non-Lead Securitization Note.

  • Servicing Agreement means such subsequent Servicing Agreement; provided, however, that until a replacement Servicing Agreement has been entered into (and such written confirmation has been obtained), the Note A-1 Holder shall cause the Mortgage Loan to be serviced pursuant to the provisions of the Servicing Agreement as if such agreement was still in full force and effect with respect to the Mortgage Loan; provided, further, however, that until a replacement Servicing Agreement is in place, the actual servicing of the Mortgage Loan may be performed by any Qualified Servicer appointed by the Note A-1 Holder and does not have to be performed by the service providers set forth under the Servicing Agreement that was previously in effect.

  • Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of the Closing Date, between the Seller, the Issuer, the Servicer and the Indenture Trustee, as the same may be amended, modified or supplemented from time to time.

  • Basic Servicing Agreement has the meaning set forth in the Recitals.

  • Subservicing Agreements As defined in Section 3.02(a).

  • Servicing Agreements Each of the Servicing Agreements executed with respect to a portion of the Mortgage Loans by one of the Servicers, which agreements are attached hereto, collectively, as Exhibit L.

  • Backup Servicing Agreement means the Amended and Restated Backup Servicing Agreement dated as of the Closing Date among the Borrower, the Servicer, the Administrative Agent and the Backup Servicer, as amended by that certain Amendment No. 1 to Backup Servicing Agreement dated as of April 14, 2009, as the same may from time to time be further amended, restated, supplemented, waived or modified.

  • Other Servicing Agreements The Servicing Agreements other than the WFHM Servicing Agreement.

  • Servicing Arrangement is defined in Section 11.06(b).

  • Non-Lead Servicing Agreements means the PSA with respect to each Non-Lead Note (other than the Non-Lead Note that is included in the Lead Securitization).

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Transfer and Servicing Agreement means the Amended and Restated Transfer and Servicing Agreement dated as of May 1, 2007 among the Transferor, the Servicer, and the Indenture Trustee, as the same may be amended, modified or supplemented.

  • Pooling and Servicing Agreement The pooling and servicing agreement among Wells Fargo Asset Securities Corporation, as depositor, Wells Fargo Xxxx, N.A., as master servicer, the Trustee, and, if appxxxxxle, the Trust Administrator, relating to the issuance of the Mortgage Pass-Through Certificates.