Common use of HAMP Clause in Contracts

HAMP. The Seller is participating in HAMP. The Seller has entered into a Servicer Participation Agreement (“SPA”) with ▇▇▇▇▇▇ ▇▇▇, as financial agent of the United States, pursuant to HAMP. As such, the Seller: (a) has implemented HAMP as required by the SPA; (b) will report to ▇▇▇▇▇▇ ▇▇▇ throughout the term of this Addendum the transfer of servicing of any Mortgage Loans that are “Eligible Loans” (as defined by the SPA) to extent required in order to ensure compliance with the SPA; and (c) will service any of the Mortgage Loans that are “Eligible Loans” in accordance with HAMP requirements throughout the term of this Addendum to the extent HAMP is still in effect or otherwise applicable.