Underwriting Agreement of ABFS Mortgage Loan Trust 1999-4 and Prudential Securities Incorporation dated October 21, 1999. 20 pages
The Kentucky Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 refers to a legal document outlining the terms and conditions agreed upon between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. in the state of Kentucky. This agreement is specific to the mortgage loan trust created by ABCs and the role of Prudential Securities, Inc. in underwriting and distributing the mortgage-backed securities associated with this trust. Prudential Securities, Inc. serves as the underwriter for the ABCs Mortgage Loan Trust 1999-4, ensuring the successful sale and distribution of the mortgage-backed securities to interested investors. Under this agreement, Prudential Securities, Inc. assumes the responsibility of purchasing the securities from ABCs Mortgage Loan Trust 1999-4 at a predetermined price and then reselling them to investors. The Kentucky Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 outlines various key terms that govern the process. It covers the pricing, size, and characteristics of the mortgage-backed securities, as well as the obligations and responsibilities of both parties involved. The agreement specifies the timeline for the transaction, the conditions for the closing of the underwriting, and the compensation to be received by Prudential Securities, Inc. for its underwriting services. It is important to note that variations or different types of Kentucky Underwriting Agreements of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. may exist depending on specific circumstances or subsequent amendments. These variations may include adjustments in pricing, changes in the size or composition of mortgage-backed securities, alterations in underwriting fees, or modifications in the responsibilities and obligations of the involved parties. However, the core purpose of these agreements remains consistent: to facilitate the successful issuance and distribution of mortgage-backed securities while ensuring compliance with applicable laws and regulations. In summary, the Kentucky Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. defines the terms under which Prudential Securities, Inc. acts as the underwriter for the mortgage-backed securities issued by ABCs Mortgage Loan Trust 1999-4 in the state of Kentucky. The agreement establishes the roles, responsibilities, and compensation for both parties involved, laying the foundation for a smooth and compliant underwriting process.
The Kentucky Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 refers to a legal document outlining the terms and conditions agreed upon between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. in the state of Kentucky. This agreement is specific to the mortgage loan trust created by ABCs and the role of Prudential Securities, Inc. in underwriting and distributing the mortgage-backed securities associated with this trust. Prudential Securities, Inc. serves as the underwriter for the ABCs Mortgage Loan Trust 1999-4, ensuring the successful sale and distribution of the mortgage-backed securities to interested investors. Under this agreement, Prudential Securities, Inc. assumes the responsibility of purchasing the securities from ABCs Mortgage Loan Trust 1999-4 at a predetermined price and then reselling them to investors. The Kentucky Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 outlines various key terms that govern the process. It covers the pricing, size, and characteristics of the mortgage-backed securities, as well as the obligations and responsibilities of both parties involved. The agreement specifies the timeline for the transaction, the conditions for the closing of the underwriting, and the compensation to be received by Prudential Securities, Inc. for its underwriting services. It is important to note that variations or different types of Kentucky Underwriting Agreements of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. may exist depending on specific circumstances or subsequent amendments. These variations may include adjustments in pricing, changes in the size or composition of mortgage-backed securities, alterations in underwriting fees, or modifications in the responsibilities and obligations of the involved parties. However, the core purpose of these agreements remains consistent: to facilitate the successful issuance and distribution of mortgage-backed securities while ensuring compliance with applicable laws and regulations. In summary, the Kentucky Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. defines the terms under which Prudential Securities, Inc. acts as the underwriter for the mortgage-backed securities issued by ABCs Mortgage Loan Trust 1999-4 in the state of Kentucky. The agreement establishes the roles, responsibilities, and compensation for both parties involved, laying the foundation for a smooth and compliant underwriting process.