Common use of HAMP Clause in Contracts

HAMP. The Subservicer is participating in HAMP. The Subservicer has entered into a Servicer Participation Agreement ("SPA") with ▇▇▇▇▇▇ ▇▇▇, as financial agent of the United States, pursuant to HAMP. As such, the Subservicer: (i) has implemented HAMP as required by the SPA; (ii) will report to ▇▇▇▇▇▇ ▇▇▇ the transfer of servicing of any Mortgage Loans that are Eligible Loans (as defined by the SPA) in order to ensure compliance with the SPA; and (iii) will service any of the Mortgage Loans that are Eligible Loans in accordance with HAMP requirements.