Encumbered Mortgage Servicing Rights

Example Definitions of "Encumbered Mortgage Servicing Rights"
Encumbered Mortgage Servicing Rights. Any mortgage servicing rights that are subject to any Lien, claim, restriction or other encumbrance that limits in any way the ability to dispose of or transfer such asset whether or not such Lien, claim, restriction or other encumbrance relates to any outstanding debt.
Found in PNMAC Holdings, Inc. contract
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