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
Hawaii Pooling and Servicing Agreement (PSA) is a contractual agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One, aimed at securitizing and servicing mortgage loans in Hawaii. This agreement outlines the rights, responsibilities, and obligations of each party involved in the pooling and servicing of these mortgage loans. Keywords: Hawaii Pooling and Servicing Agreement, Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., Bank One, securitization, servicing, mortgage loans. The Hawaii Pooling and Servicing Agreement facilitates the pooling of mortgage loans from various lenders or investors into a mortgage-backed security (MBS). Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One act as the key participants in this process. The agreement covers the terms and conditions for the pooling of mortgage loans, including the eligibility criteria, loan sizes, loan types, and geographic restrictions specific to Hawaii. It also establishes the criteria for evaluating the quality of the mortgage loans that can be included in the pool. Once the mortgage loans are pooled, the agreement governs the servicing of the loans throughout their lifetime. This includes the collection of monthly payments, maintenance of escrow accounts for taxes and insurance, and handling of delinquencies and foreclosures. The PSA outlines the responsibilities of each party involved in servicing the loans and ensures compliance with applicable laws and regulations. In addition to the general Hawaii Pooling and Servicing Agreement, there may be different types or series of agreements pertaining to specific characteristics of the mortgage loans being pooled. For instance, there could be separate agreements for loans with fixed interest rates, adjustable-rate mortgages, or loans with specific loan-to-value ratios. These variations allow for better segmentation of the mortgage loan pool, enabling investors to choose securities that align with their risk preferences. Overall, the Hawaii Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One aims to efficiently securitize and service mortgage loans in Hawaii. It ensures transparency, compliance, and effective coordination between all parties involved, safeguarding the interests of both investors and borrowers.
Hawaii Pooling and Servicing Agreement (PSA) is a contractual agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One, aimed at securitizing and servicing mortgage loans in Hawaii. This agreement outlines the rights, responsibilities, and obligations of each party involved in the pooling and servicing of these mortgage loans. Keywords: Hawaii Pooling and Servicing Agreement, Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., Bank One, securitization, servicing, mortgage loans. The Hawaii Pooling and Servicing Agreement facilitates the pooling of mortgage loans from various lenders or investors into a mortgage-backed security (MBS). Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One act as the key participants in this process. The agreement covers the terms and conditions for the pooling of mortgage loans, including the eligibility criteria, loan sizes, loan types, and geographic restrictions specific to Hawaii. It also establishes the criteria for evaluating the quality of the mortgage loans that can be included in the pool. Once the mortgage loans are pooled, the agreement governs the servicing of the loans throughout their lifetime. This includes the collection of monthly payments, maintenance of escrow accounts for taxes and insurance, and handling of delinquencies and foreclosures. The PSA outlines the responsibilities of each party involved in servicing the loans and ensures compliance with applicable laws and regulations. In addition to the general Hawaii Pooling and Servicing Agreement, there may be different types or series of agreements pertaining to specific characteristics of the mortgage loans being pooled. For instance, there could be separate agreements for loans with fixed interest rates, adjustable-rate mortgages, or loans with specific loan-to-value ratios. These variations allow for better segmentation of the mortgage loan pool, enabling investors to choose securities that align with their risk preferences. Overall, the Hawaii Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One aims to efficiently securitize and service mortgage loans in Hawaii. It ensures transparency, compliance, and effective coordination between all parties involved, safeguarding the interests of both investors and borrowers.