Recourse Status. All of the Mortgage Loans have been sold to the applicable Investor, and are being serviced, without recourse, as defined by the Agencies, to Seller.
Appears in 2 contracts
Sources: Mortgage Servicing Purchase and Sale Agreement, Mortgage Servicing Purchase and Sale Agreement (Hibernia Corp)
Recourse Status. All of the Mortgage Loans have been sold to the applicable Investor, and are being serviced, without recourse, as defined by the Agencies, recourse to Seller.
Appears in 1 contract
Sources: Mortgage Servicing Rights Purchase and Sale Agreement (Nationstar Mortgage LLC)