Houston Texas Pooling and Servicing Agreement between Greenpoint Credit, LLC and Bank One, National Association

• Category: Corporations - Public - Pooling and Servicing
• State: Multi-State
• City: Houston
• Control #: US-EG-9195
• Format: Word; Rich Text

Description

Pooling and Servicing Agreement between Greenpoint Credit, LLC and Bank One, National Association dated December 1, 1999. 112 pages The Houston Texas Pooling and Servicing Agreement between Green point Credit, LLC and Bank One, National Association is a legally binding contract that outlines the terms and conditions for the pooling and servicing of mortgage loans. This agreement serves as a framework for the collaboration between Green point Credit, LLC and Bank One, National Association, with the aim of efficiently managing a portfolio of mortgage loans in Houston, Texas. The pooling aspect refers to the process of combining multiple mortgage loans to create a mortgage-backed security, which can be sold to investors in the secondary market. Within this agreement, various provisions are discussed to ensure transparency, compliance with regulatory requirements, and efficient loan servicing. It outlines the responsibilities and rights of both parties involved, including the obligations of Green point Credit, LLC as the loan originator and Bank One, National Association as the service. The Houston Texas Pooling and Servicing Agreement may have different types based on the specific characteristics of the mortgage loans being pooled. These variations can primarily revolve around factors such as loan type (conventional, FHA, VA), interest rate structure (fixed-rate, adjustable-rate), or borrower profiles (prime, subprime). Each type of agreement will have its unique terms tailored to the specific characteristics of the mortgage loans being pooled. Important keywords for this topic: — Houston Texas Pooling and Servicing Agreement Green pointnt Credit, LLC - Bank One, National Association — Mortgage loan— - Pooling - Servicing - Mortgage-backed security — Loaoriginateto— - Servicer - Compliance — Regulatory requirement— - Secondary market — Loan type - Interest ratstructureur— - Borrower profiles Please note that the mentioned agreement is a hypothetical example, and the details provided are for illustrative purposes only.

The Houston Texas Pooling and Servicing Agreement between Green point Credit, LLC and Bank One, National Association is a legally binding contract that outlines the terms and conditions for the pooling and servicing of mortgage loans. This agreement serves as a framework for the collaboration between Green point Credit, LLC and Bank One, National Association, with the aim of efficiently managing a portfolio of mortgage loans in Houston, Texas. The pooling aspect refers to the process of combining multiple mortgage loans to create a mortgage-backed security, which can be sold to investors in the secondary market. Within this agreement, various provisions are discussed to ensure transparency, compliance with regulatory requirements, and efficient loan servicing. It outlines the responsibilities and rights of both parties involved, including the obligations of Green point Credit, LLC as the loan originator and Bank One, National Association as the service. The Houston Texas Pooling and Servicing Agreement may have different types based on the specific characteristics of the mortgage loans being pooled. These variations can primarily revolve around factors such as loan type (conventional, FHA, VA), interest rate structure (fixed-rate, adjustable-rate), or borrower profiles (prime, subprime). Each type of agreement will have its unique terms tailored to the specific characteristics of the mortgage loans being pooled. Important keywords for this topic: — Houston Texas Pooling and Servicing Agreement Green pointnt Credit, LLC - Bank One, National Association — Mortgage loan— - Pooling - Servicing - Mortgage-backed security — Loaoriginateto— - Servicer - Compliance — Regulatory requirement— - Secondary market — Loan type - Interest ratstructureur— - Borrower profiles Please note that the mentioned agreement is a hypothetical example, and the details provided are for illustrative purposes only.