Pooling and Servicing Agr. btwn Credit Suisse First Boston Mortgage Securities Corp., Wash. Mutual Bank F.A. and Bank One - National Association dated Nov. 1, 1999. 213 pages
The Arizona Pooling and Servicing Agreement (PSA) is a legal document that outlines the terms and conditions under which Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One collectively pool and administer mortgage loans in the state of Arizona. This agreement serves as a framework for the parties involved to effectively manage and service the mortgage-backed securities (MBS) that are created through the pooling of mortgage loans. The PSA establishes the roles and responsibilities of each party involved in the transaction. Credit Suisse First Boston Mortgage Securities Corp., as the loan originator, contributes a specified pool of mortgage loans to the agreement. Washington Mutual Bank F.A. and Bank One, acting as services, are responsible for collecting monthly mortgage payments from borrowers, managing escrow accounts, and addressing issues related to the loans. The terms outlined in the PSA cover various important aspects, including loan servicing fees, allocation of cash flow, default and foreclosure procedures, investor reporting requirements, and the distribution of principal and interest payments to the MBS investors. The agreement also addresses key provisions such as representations and warranties, indemnification, and the remedies available to the parties in case of default or breaches. While the specific details and provisions of the Arizona Pooling and Servicing Agreement may vary, depending on the unique characteristics of each transaction, there are no known different types of PSA specifically between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One in Arizona. However, it is worth noting that pooled loans may differ in terms of loan types, property locations, borrower credit profiles, and other factors, resulting in the creation of diverse MBS portfolios within the scope of this agreement. In summary, the Arizona Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One establishes the guidelines for pooling mortgage loans, administering MBS, and managing the associated risks and responsibilities. The agreement ensures that all parties involved are bound by the agreed-upon terms, protecting the interests of investors and facilitating the efficient management of mortgage-backed securities in Arizona.
The Arizona Pooling and Servicing Agreement (PSA) is a legal document that outlines the terms and conditions under which Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One collectively pool and administer mortgage loans in the state of Arizona. This agreement serves as a framework for the parties involved to effectively manage and service the mortgage-backed securities (MBS) that are created through the pooling of mortgage loans. The PSA establishes the roles and responsibilities of each party involved in the transaction. Credit Suisse First Boston Mortgage Securities Corp., as the loan originator, contributes a specified pool of mortgage loans to the agreement. Washington Mutual Bank F.A. and Bank One, acting as services, are responsible for collecting monthly mortgage payments from borrowers, managing escrow accounts, and addressing issues related to the loans. The terms outlined in the PSA cover various important aspects, including loan servicing fees, allocation of cash flow, default and foreclosure procedures, investor reporting requirements, and the distribution of principal and interest payments to the MBS investors. The agreement also addresses key provisions such as representations and warranties, indemnification, and the remedies available to the parties in case of default or breaches. While the specific details and provisions of the Arizona Pooling and Servicing Agreement may vary, depending on the unique characteristics of each transaction, there are no known different types of PSA specifically between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One in Arizona. However, it is worth noting that pooled loans may differ in terms of loan types, property locations, borrower credit profiles, and other factors, resulting in the creation of diverse MBS portfolios within the scope of this agreement. In summary, the Arizona Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One establishes the guidelines for pooling mortgage loans, administering MBS, and managing the associated risks and responsibilities. The agreement ensures that all parties involved are bound by the agreed-upon terms, protecting the interests of investors and facilitating the efficient management of mortgage-backed securities in Arizona.