ABS: Servicers

Servicer defined

Responsible for the management or collection of the pool assets or making allocations or distributions to ABS holders

SEC commentary

Summary

Item 1108 requires a discussion of the servicer's servicing experience
Including for assets of the type included in the subject deal
Should address any significant changes to the servicer's policies or procedures over the past three years

If there are multiple servicers, must make disclosures for:

Item
1108(a)	Multiple servicers For change of Servicer, see Form 8-K Item 6.02
1108(b)	Identifying information and experience
1108(c)	Servicing agreements and practices
1108(d)	Back-up servicing

Disclosure items

Form 10-D

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