New Hampshire Pooling and Servicing Agreement is a legal document that establishes the terms and conditions of a financial agreement between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. This partnership enables the pooling of assets and the servicing of mortgage loans in the state of New Hampshire. Under the New Hampshire Pooling and Servicing Agreement, IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. Combine their resources to create a pool of mortgage loans. This pooling arrangement helps to spread the risk associated with loan servicing and allows for more efficient management of these assets. The agreement outlines the responsibilities and obligations of each party involved. IMPACT Secured Assets Corp. and iMac Funding Corp. act as the originators of the mortgage loans, while Northwest Bank Minnesota, National Assoc. Is the service responsible for collecting payments, managing escrow accounts, and handling any delinquencies or defaults. Keywords: New Hampshire Pooling and Servicing Agreement, IMPACT Secured Assets Corp., iMac Funding Corp., Northwest Bank Minnesota, National Assoc., mortgage loans, pooling of assets, loan servicing, risk management, efficient management, responsibilities, obligations, originators, service, payments, escrow accounts, delinquencies, defaults. Types of New Hampshire Pooling and Servicing Agreements may include: 1. Residential Mortgage Pooling and Servicing Agreement: This type of agreement focuses on pooling and servicing residential mortgage loans in New Hampshire. It outlines the specific terms and processes involved in managing and servicing these loans. 2. Commercial Mortgage Pooling and Servicing Agreement: This agreement deals with pooling and servicing commercial mortgage loans in New Hampshire. It addresses the unique aspects and requirements of commercial real estate financing and management. 3. Securitized Mortgage Pooling and Servicing Agreement: This type of agreement pertains to the securitization of mortgage loans in New Hampshire. It outlines the process of bundling mortgage loans into mortgage-backed securities and the subsequent servicing of these securities. 4. Government-Backed Mortgage Pooling and Servicing Agreement: This agreement focuses on pooling and servicing mortgage loans that are insured or guaranteed by government entities such as the Federal Housing Administration (FHA) or Veterans Affairs (VA) in New Hampshire. These types of agreements may vary in terms of specific provisions, conditions, and regulations depending on the nature and purpose of the pooled mortgage loans.
New Hampshire Pooling and Servicing Agreement between IMPAC Secured Assets Corp., IMAC Funding Corp. and Northwest Bank Minnesota, National Assoc.
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