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 Kentucky Pooling and Servicing Agreement (PSA) is a legally binding contract that outlines the responsibilities and terms of collaboration between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. This agreement establishes the framework for pooling mortgage loans and creating mortgage-backed securities, ultimately providing a mechanism for investors to invest in mortgage debt. Keywords: Kentucky Pooling and Servicing Agreement, Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., Bank One, mortgage loans, mortgage-backed securities, investors, mortgage debt. There are different types of Kentucky Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. Some key types include: 1. Traditional PSA: This type of agreement focuses on pooling and servicing mortgage loans originated by Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. It outlines the responsibilities of each party in terms of loan servicing, collection of payments, handling delinquencies, and distributing funds to investors. 2. Multifamily PSA: This specific agreement caters to the pooling and servicing of multifamily mortgage loans. Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One work collaboratively to manage the complexities associated with multifamily properties, including loan origination, loan servicing, and the creation of mortgage-backed securities specifically for this asset class. 3. Commercial PSA: Similar to the multifamily PSA, this agreement focuses on pooling and servicing commercial mortgage loans. It involves the coordination of activities related to commercial properties, such as office buildings, retail centers, and industrial complexes. Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One collaborate to create commercial mortgage-backed securities tailored to meet the needs of investors in this sector. 4. Residential PSA: This type of agreement concentrates on pooling and servicing residential mortgage loans. It encompasses various types of residential properties, including single-family homes, condominiums, and townhouses. Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One work in tandem to manage the residential mortgage loan portfolio, ensuring efficient loan servicing and the creation of mortgage-backed securities backed by these loans. These different types of Kentucky Pooling and Servicing Agreements cater to specific loan categories, enabling Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One to meet the diverse needs of investors and align with the prevailing market conditions in the mortgage-backed securities industry.
The Kentucky Pooling and Servicing Agreement (PSA) is a legally binding contract that outlines the responsibilities and terms of collaboration between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. This agreement establishes the framework for pooling mortgage loans and creating mortgage-backed securities, ultimately providing a mechanism for investors to invest in mortgage debt. Keywords: Kentucky Pooling and Servicing Agreement, Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., Bank One, mortgage loans, mortgage-backed securities, investors, mortgage debt. There are different types of Kentucky Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. Some key types include: 1. Traditional PSA: This type of agreement focuses on pooling and servicing mortgage loans originated by Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. It outlines the responsibilities of each party in terms of loan servicing, collection of payments, handling delinquencies, and distributing funds to investors. 2. Multifamily PSA: This specific agreement caters to the pooling and servicing of multifamily mortgage loans. Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One work collaboratively to manage the complexities associated with multifamily properties, including loan origination, loan servicing, and the creation of mortgage-backed securities specifically for this asset class. 3. Commercial PSA: Similar to the multifamily PSA, this agreement focuses on pooling and servicing commercial mortgage loans. It involves the coordination of activities related to commercial properties, such as office buildings, retail centers, and industrial complexes. Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One collaborate to create commercial mortgage-backed securities tailored to meet the needs of investors in this sector. 4. Residential PSA: This type of agreement concentrates on pooling and servicing residential mortgage loans. It encompasses various types of residential properties, including single-family homes, condominiums, and townhouses. Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One work in tandem to manage the residential mortgage loan portfolio, ensuring efficient loan servicing and the creation of mortgage-backed securities backed by these loans. These different types of Kentucky Pooling and Servicing Agreements cater to specific loan categories, enabling Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One to meet the diverse needs of investors and align with the prevailing market conditions in the mortgage-backed securities industry.