A Subservicing Agreement is a contract between a primary servicer and a subservicer that outlines the roles and responsibilities of each party in the servicing of a loan.
The Subservicing Agreement (Genie AI) is a legal template that outlines the terms and conditions between two parties involved in the subservicing of a specific service or product powered by Genie AI technology. It covers aspects like responsibilities, obligations, payment terms, confidentiality, intellectual property rights, and dispute resolution.
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