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

State:
Multi-State
County:
Travis
Control #:
US-EG-9195
Format:
Word; 
Rich Text
Instant download

Description

Pooling and Servicing Agreement between Greenpoint Credit, LLC and Bank One, National Association dated December 1, 1999. 112 pages Travis Texas Pooling and Servicing Agreement, also known as the Travis PSA, is a legal document that outlines the terms and conditions of the pooling and servicing of mortgage loans originated by Green point Credit, LLC and serviced by Bank One, National Association. This agreement is created to ensure the efficient management and administration of mortgage-backed securities. Under the Travis PSA, Green point Credit, LLC transfers a pool of mortgage loans to Bank One, National Association, who acts as the service responsible for collecting payments and managing the mortgage loans on behalf of the investors. This agreement is crucial in facilitating the securitization process by providing guidelines for loan modifications, foreclosure procedures, payment distributions, and reporting requirements. The Travis Texas Pooling and Servicing Agreement is designed to protect the interests of both the investors and the service. It contains provisions that govern cash flows, reimbursement of servicing advances, indemnification, and custodial requirements. This agreement also includes specific guidelines for certain loan types, such as adjustable-rate mortgages, interest-only mortgages, and subprime loans. It is worth noting that there may be different versions or variations of the Travis Texas Pooling and Servicing Agreement between Green point Credit, LLC and Bank One, National Association. These variations could be based on factors such as the specific mortgage loan portfolio being pooled, the loan characteristics, or changes in applicable regulations. However, a comprehensive review of public records is necessary to identify any distinct types of Travis PSA agreements between these parties. In summary, the Travis Texas Pooling and Servicing Agreement establishes the framework for the pooling and servicing of mortgage loans originated by Green point Credit, LLC and serviced by Bank One, National Association. It ensures the efficient management of mortgage-backed securities and outlines the responsibilities and obligations of both parties involved.

Travis Texas Pooling and Servicing Agreement, also known as the Travis PSA, is a legal document that outlines the terms and conditions of the pooling and servicing of mortgage loans originated by Green point Credit, LLC and serviced by Bank One, National Association. This agreement is created to ensure the efficient management and administration of mortgage-backed securities. Under the Travis PSA, Green point Credit, LLC transfers a pool of mortgage loans to Bank One, National Association, who acts as the service responsible for collecting payments and managing the mortgage loans on behalf of the investors. This agreement is crucial in facilitating the securitization process by providing guidelines for loan modifications, foreclosure procedures, payment distributions, and reporting requirements. The Travis Texas Pooling and Servicing Agreement is designed to protect the interests of both the investors and the service. It contains provisions that govern cash flows, reimbursement of servicing advances, indemnification, and custodial requirements. This agreement also includes specific guidelines for certain loan types, such as adjustable-rate mortgages, interest-only mortgages, and subprime loans. It is worth noting that there may be different versions or variations of the Travis Texas Pooling and Servicing Agreement between Green point Credit, LLC and Bank One, National Association. These variations could be based on factors such as the specific mortgage loan portfolio being pooled, the loan characteristics, or changes in applicable regulations. However, a comprehensive review of public records is necessary to identify any distinct types of Travis PSA agreements between these parties. In summary, the Travis Texas Pooling and Servicing Agreement establishes the framework for the pooling and servicing of mortgage loans originated by Green point Credit, LLC and serviced by Bank One, National Association. It ensures the efficient management of mortgage-backed securities and outlines the responsibilities and obligations of both parties involved.

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