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8.1. HRSR 12-03-2018
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8.1. HRSR 12-03-2018
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12/4/2018 12:19:00 PM
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11/29/2018 1:12:23 PM
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City Government
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HRSR
date
12/3/2018
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LOAN SERVING CONTRACT <br />Exhibit B: Pricing Schedule <br />Activity <br />Description <br />Pricing <br />New Loan Setup <br />Loan Boarded to servicing system and <br />$ 20.00 one-time fee per loan <br />Special Reporting Distribution <br />quality control review, welcome letter <br />$75.00 one time fee per report <br />Standard Servicing Activities — <br />Payment processing, billing notices, <br />Amortizing Loans <br />customer service, investor reporting, <br />$6.00 per loan per month <br />Special Project work <br />early collections <br />may be incurred from 3rd party <br />Standard Servicing Activities- <br />Payment processing, customer service <br />$0 per loan per month <br />Deferred Loans <br />investor reporting <br />$80.00 per hour, fee will be set <br />Collection Activity <br />Collection Work for loans past due <br />$3.00 per loan per month on all <br />15-90 days <br />amortizing loans <br />Example of activities: Repayment <br />$80.00 per hour plus any charges that <br />Default Management <br />Plan, Forbearance Agreement, <br />may be incurred from 3rd party <br />Deferment, Extension <br />vendor. <br />Subordination Preparation <br />Review request and Prepare <br />$150.00 per request (Borrower Paid) <br />subordination document <br />Mortgage/Deed of Trust Satisfaction <br />Create mortgage/deed of trust <br />Preparation <br />satisfaction (excludes recording / <br />$30.00 one-time fee per loan <br />filing fees) <br />For Charge-off, foreclosure, service <br />Final /Special Processing Transaction <br />release, loans not paid in full but no <br />$25.00 per transaction <br />longer active on the servicing system <br />Conversion/On-Boarding <br />Boarding Loans previously serviced <br />$20.00 one-time fee per loan <br />by a different company <br />Optional/Additional Services <br />Special Report Programming <br />Special report creation not included in <br />$150.00 one time fee per report <br />standard report package <br />Special Reporting Distribution <br />Monthly maintenance for special <br />$75.00 one time fee per report <br />reports created for distribution <br />Special requests, such as assistance in <br />$80.00 per hour plus any charges that <br />Special Project work <br />audit preparation, special mailings <br />may be incurred from 3rd party <br />etc... <br />vendor. <br />Any additional activities required <br />$80.00 per hour, fee will be set <br />Non Standard Servicing Activities <br />for servicing a loan not specified' <br />based on time to complete task on <br />contract <br />a remdar basis <br />11 Page <br />CLIENT NAME Loan Servicing Contract #XXXX <br />
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