Green Tree after that repurchases the loan regarding Shelter 3 months after it repossesses the fresh equity
Put aside REPURCHASE. Regardless if a default happens within the regards to any Contract stored from the Customer, and this standard makes it necessary that the newest shielded possessions end up being repossessed, Consumer shall either (1) toward Merchant-Servicer upon consult all completely new records essential for the commencement out of a repossession proceeding regarding the term of Consumer otherwise, (2) reassign every new records so you can Seller-Servicer whom, in turn, have a tendency to commence repossession procedures within its individual identity.