Common use of Servicing Contracts Clause in Contracts

Servicing Contracts. ▇▇▇▇▇▇ Mae I MBS and ▇▇▇▇▇▇ ▇▇▇ ▇▇ MBS, in either case issued by Lender and guaranteed by ▇▇▇▇▇▇ Mae upon Lender’s securitization of a pool of ▇▇▇▇▇▇ ▇▇▇ eligible mortgage loans insured or guaranteed by the FHA or VA, as applicable. Lender’s issuance of the related MBS and its servicing of the underlying mortgage loans are governed in all respects by ▇▇▇▇▇▇ Mae’s 5500.3 REV-1: Mortgage-Backed Securities Guide, as the same may be amended from time to time.

Appears in 2 contracts

Sources: Loan and Security Agreement (Pennymac Financial Services, Inc.), Loan and Security Agreement (PennyMac Mortgage Investment Trust)