The New York Pooling and Servicing Agreement of Ameriquest Mortgage Securities, Inc. (NY PSA) is a legally binding contract that outlines the terms and conditions for the pooling and servicing of mortgage loans. It is specific to the company Ameriquest Mortgage Securities, Inc., based in New York. Keyword: Ameriquest Mortgage Securities, Inc. Ameriquest Mortgage Securities, Inc. is a mortgage company based in New York that offers various financial services related to pooling and servicing mortgage loans. They have developed different types of Pooling and Servicing Agreements to suit the needs of different parties involved in the mortgage industry. Keyword: Pooling and Servicing Agreement A Pooling and Servicing Agreement (PSA) is a contract between the company originating the mortgage loans (the sponsor) and the company responsible for servicing the loans (the service). The PSA establishes the terms and responsibilities for bundling individual mortgage loans together into mortgage-backed securities (MBS) and managing those securities. Keyword: Mortgage Loans are financial products provided by lenders to borrowers for purchasing real estate. These loans are secured by the property being purchased and are repaid over an agreed-upon period. In the context of the NY PSA, Ameriquest Mortgage Securities, Inc. pools multiple mortgage loans together to create mortgage-backed securities. Keyword: Mortgage-Backed Securities Mortgage-Backed Securities (MBS) are investment products that represent ownership interests in a pool of mortgage loans. Investors can buy these securities, and the payments made by borrowers on their mortgage loans form the basis for the return on investment. The NY PSA outlines how the mortgage loans are pooled together and serviced to ensure the smooth flow of payments to investors. The NY PSA may have specific variations or types depending on the particular terms and conditions set by Ameriquest Mortgage Securities, Inc. for different mortgage loan portfolios or investments. These variations could include structures for different levels of risk, interest rates, or credit ratings. It is essential to consult the specific PSA documents provided by Ameriquest Mortgage Securities, Inc. to understand the unique terms and types of agreements offered.