San Jose California Pooling and Servicing Agreement between IMPAC Secured Assets Corp., IMAC Funding Corp. and Northwest Bank Minnesota, National Assoc.

• Category: Corporations - Public - Pooling and Servicing
• State: Multi-State
• City: San Jose
• Control #: US-EG-9042
• Format: Word; Rich Text

Description

Pooling and Servicing Agr. btwn IMPAC Secured Assets Corporation, IMAC Funding Corporation and Northwest Bank Minnesota, National Association dated Dec. 1, 1999. 142 pages San Jose, California Pooling and Servicing Agreement plays a critical role in the mortgage industry, outlining the responsibilities and rights of the parties involved. This agreement is specifically between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Association, all of which are key players in the mortgage servicing and asset-backed securities business. Here's a detailed description of what this agreement encompasses. The San Jose, California Pooling and Servicing Agreement is a legally binding contract that governs the relationship between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Association. It primarily focuses on the pooling and servicing of mortgage loans, ensuring the efficient management and administration of these loans throughout their lifecycle. Keywords: San Jose, California, Pooling and Servicing Agreement, IMPACT Secured Assets Corp., iMac Funding Corp., Northwest Bank Minnesota, National Association, mortgage loans, pooling, servicing, asset-backed securities, management, administration. 1. Mortgage Loan Pooling and Servicing Agreement: This type of agreement denotes the collective agreement signed between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Association, stating the terms and conditions associated with the pooling and servicing of a specific mortgage loan pool. It outlines the duties and obligations of each party in managing, collecting, and disbursing payments for the loans within the pool. Keywords: Mortgage loan, pooling, servicing, agreement, terms, conditions, duties, obligations, managing, collecting, disbursing. 2. Residential Mortgage-Backed Securities (RMBS) Pooling and Servicing Agreement: This agreement refers to the specific type of pooling and servicing agreement that focuses on residential mortgage-backed securities. It outlines the responsibilities of IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Association regarding the securitization, management, and administration of residential mortgage loans bundled into securities to be sold to investors. Keywords: Residential mortgage-backed securities, RMBS, pooling, servicing, agreement, securitization, management, administration, investors. 3. Commercial Mortgage-Backed Securities (CMOS) Pooling and Servicing Agreement: This type of pooling and servicing agreement is exclusively designed for commercial mortgage-backed securities. It outlines the roles and responsibilities of IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Association related to the pooling, servicing, and administration of commercial mortgage loans that are securitized and offered to investors in the form of CMOS. Keywords: Commercial mortgage-backed securities, CMOS, pooling, servicing, agreement, securitization, administration, investors, commercial mortgage loans.

San Jose, California Pooling and Servicing Agreement plays a critical role in the mortgage industry, outlining the responsibilities and rights of the parties involved. This agreement is specifically between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Association, all of which are key players in the mortgage servicing and asset-backed securities business. Here's a detailed description of what this agreement encompasses. The San Jose, California Pooling and Servicing Agreement is a legally binding contract that governs the relationship between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Association. It primarily focuses on the pooling and servicing of mortgage loans, ensuring the efficient management and administration of these loans throughout their lifecycle. Keywords: San Jose, California, Pooling and Servicing Agreement, IMPACT Secured Assets Corp., iMac Funding Corp., Northwest Bank Minnesota, National Association, mortgage loans, pooling, servicing, asset-backed securities, management, administration. 1. Mortgage Loan Pooling and Servicing Agreement: This type of agreement denotes the collective agreement signed between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Association, stating the terms and conditions associated with the pooling and servicing of a specific mortgage loan pool. It outlines the duties and obligations of each party in managing, collecting, and disbursing payments for the loans within the pool. Keywords: Mortgage loan, pooling, servicing, agreement, terms, conditions, duties, obligations, managing, collecting, disbursing. 2. Residential Mortgage-Backed Securities (RMBS) Pooling and Servicing Agreement: This agreement refers to the specific type of pooling and servicing agreement that focuses on residential mortgage-backed securities. It outlines the responsibilities of IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Association regarding the securitization, management, and administration of residential mortgage loans bundled into securities to be sold to investors. Keywords: Residential mortgage-backed securities, RMBS, pooling, servicing, agreement, securitization, management, administration, investors. 3. Commercial Mortgage-Backed Securities (CMOS) Pooling and Servicing Agreement: This type of pooling and servicing agreement is exclusively designed for commercial mortgage-backed securities. It outlines the roles and responsibilities of IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Association related to the pooling, servicing, and administration of commercial mortgage loans that are securitized and offered to investors in the form of CMOS. Keywords: Commercial mortgage-backed securities, CMOS, pooling, servicing, agreement, securitization, administration, investors, commercial mortgage loans.