Portfolio Collections

Portfolio Collections. Means, with respect to each Portfolio, the funds collected on the related Portfolio Mortgage Loans and allocated as the servicing compensation payable to the Company as servicer of such Portfolio Mortgage Loans pursuant to one or more Servicing Agreements and Agency Guides, and, for the avoidance of doubt, other than Ancillary Income or reimbursements received by the Company from a loan owner for advances and other out-of-pocket expenditures pursuant to such Servicing Agreements and Agency... Guides. View More