Common use of Continuing Contacts Clause in Contracts

Continuing Contacts. If satisfactory arrangements have not been made to cure such Delinquency by the 90th day, the Servicer must continue to contact the Borrower until either the related Mortgage Loan has been brought current or the Servicer has made the decision to commence foreclosure of such Mortgaged Property or other action.

Appears in 52 contracts

Sources: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-3 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-19 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-18 Trust)

Continuing Contacts. If satisfactory arrangements have not been made to cure such Delinquency by the 90th day, the Servicer must continue to contact the Borrower until either the related Mortgage Loan has been brought current or the Servicer has made a recommendation in writing to the decision to commence Master Servicer for foreclosure of such Mortgaged Property or other action.

Appears in 25 contracts

Sources: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar5 Trust), Servicing Agreement (Wells Fargo Asset Securities Corp)