MFE is not a loan servicer.
MFE does not provide loan servicing or note servicing.
- MFE is not a money transmitter or debt collection agency.
- MFE is not engaged in the business of debt or credit counseling, debt settlement services or
loan consolidation services.
- MFE does not offer services to adjust, compromise or discharge any debt.
MFE assumes no responsibility for:
- the legal sufficiency, validity, or effect of the Note, Deed of Trust and any of the other documents executed by Payor or
executed by one of these parties in favor or the other;
- determining whether the Note, Deed of Trust or any other documents described above, and all
provisions therein, are in compliance with all applicable local, state and federal laws,
codes, statutes, regulations and the like, including, without limitation, RESPA, TILA, CFPB,
Regulation Z, usury laws, and late charge restrictions;
- searches of the public record with respect to title to the property which is the subject of
the account, the condition of title and Payor’s rights therein;
- undertaking any activities related to (i) collection of past due payments, (ii) loan
modifications, (iii) loss mitigation, (iv) foreclosure proceedings, (v) judicial trustee
sales, (vi) forfeiture, or (vii) enforcement proceedings;
- notifying any party of non‐payment or declaration of default, change of interest, or
ownership, condemnations, or condition of any property; or any encumbrance. Any giving of
such notice(s) by MFE shall not be deemed to be an assumption by MFE of any obligation as to
the giving of any subsequent notice(s);
- the enforcement of any terms of the documents upon default by Purchaser, or to notify any
party of a balloon payment;
- payment for or notification to any party regarding recording of documents, perfection of
security interests, insurance premiums, taxes, tax assessments or encumbrances, unless
reserves addendum is attached and the appropriate fee is paid to MFE;
- determination of balances to third parties or overpayments to them when instructed to credit
payments to persons other than the Payor;
- securing any necessary documents relating to the fulfillment or reconveyance of any
encumbrances on the subject property upon payment in full pay Payor.
- MFE SHALL BE HELD HARMLESS AND SHALL NOT BE LIABLE FOR ANY ACTS OR OMISSIONS, INCLUDING, BUT
NOT LIMITED TO, ANY NEGLIGENT ACT OR OMISSION OF MFE ESCROW, DONE ON BEHALF OF PAYOR, AND
MFE SHALL BE HELD HARMLESS AND NOT BE LIABLE FOR ANY DAMAGES, CLAIMS, DEMANDS, LOSSES OR
COSTS ALLEGED, CLAIMED, INCURRED OR SUFFERED BY PAYOR.