Grantor Trust Agr. btwn Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA and Bank One, National Association dated Nov. 1, 1999. 47 pages
The District of Columbia Granter Trust Agreement is a legal document that establishes a trust relationship between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. This agreement outlines the terms and conditions under which assets are held and managed by the trustee (Credit Suisse), for the benefit of the beneficiaries (Washington Mutual Bank FA and Bank One, National Assoc.). This specific trust arrangement is commonly used in the financial industry to structure mortgage-backed securities transactions. The trust is created with the intention of providing security and legal protection to the investors involved. The agreement ensures that the trustee oversees the proper allocation and distribution of assets and income generated by the mortgage-backed securities. The District of Columbia Granter Trust Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. May have different types depending on the specific terms and objectives of the trust. These types may include: 1. Residential Mortgage-Backed Securities Trust Agreement: This agreement specifically deals with the securitization of residential mortgages, wherein Credit Suisse acts as the trustee, and Washington Mutual Bank FA and Bank One, National Assoc. Are the beneficiaries. 2. Commercial Mortgage-Backed Securities Trust Agreement: This type of trust agreement focuses on the securitization of commercial mortgages. It establishes the roles and responsibilities of the trustee and beneficiaries in relation to the commercial mortgage-backed securities held within the trust. 3. Collateralized Debt Obligation Trust Agreement: This trust agreement governs the securitization of various debt assets, such as corporate bonds or loans, by pooling them into a collateralized debt obligation. Credit Suisse acts as the trustee, while Washington Mutual Bank FA and Bank One, National Assoc. Are the beneficiaries of the trust. 4. Asset-Backed Securities Trust Agreement: This agreement pertains to securitization transactions involving a pool of assets such as auto loans, credit card receivables, or student loans. Credit Suisse, as the trustee, ensures proper administration and distribution of income generated by these assets, benefiting Washington Mutual Bank FA and Bank One, National Assoc. In summary, the District of Columbia Granter Trust Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. Is a legally binding contract that establishes a trust relationship, governing the allocation and distribution of assets and income related to mortgage-backed securities.
The District of Columbia Granter Trust Agreement is a legal document that establishes a trust relationship between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. This agreement outlines the terms and conditions under which assets are held and managed by the trustee (Credit Suisse), for the benefit of the beneficiaries (Washington Mutual Bank FA and Bank One, National Assoc.). This specific trust arrangement is commonly used in the financial industry to structure mortgage-backed securities transactions. The trust is created with the intention of providing security and legal protection to the investors involved. The agreement ensures that the trustee oversees the proper allocation and distribution of assets and income generated by the mortgage-backed securities. The District of Columbia Granter Trust Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. May have different types depending on the specific terms and objectives of the trust. These types may include: 1. Residential Mortgage-Backed Securities Trust Agreement: This agreement specifically deals with the securitization of residential mortgages, wherein Credit Suisse acts as the trustee, and Washington Mutual Bank FA and Bank One, National Assoc. Are the beneficiaries. 2. Commercial Mortgage-Backed Securities Trust Agreement: This type of trust agreement focuses on the securitization of commercial mortgages. It establishes the roles and responsibilities of the trustee and beneficiaries in relation to the commercial mortgage-backed securities held within the trust. 3. Collateralized Debt Obligation Trust Agreement: This trust agreement governs the securitization of various debt assets, such as corporate bonds or loans, by pooling them into a collateralized debt obligation. Credit Suisse acts as the trustee, while Washington Mutual Bank FA and Bank One, National Assoc. Are the beneficiaries of the trust. 4. Asset-Backed Securities Trust Agreement: This agreement pertains to securitization transactions involving a pool of assets such as auto loans, credit card receivables, or student loans. Credit Suisse, as the trustee, ensures proper administration and distribution of income generated by these assets, benefiting Washington Mutual Bank FA and Bank One, National Assoc. In summary, the District of Columbia Granter Trust Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. Is a legally binding contract that establishes a trust relationship, governing the allocation and distribution of assets and income related to mortgage-backed securities.