• US Legal Forms

Texas Pooling and Servicing Agreement between Greenpoint Credit, LLC and Bank One, National Association

State:
Multi-State
Control #:
US-EG-9195
Format:
Word; 
Rich Text
Instant download

Description

Pooling and Servicing Agreement between Greenpoint Credit, LLC and Bank One, National Association dated December 1, 1999. 112 pages Description: A Texas Pooling and Servicing Agreement (PSA) is a legal contract between Green point Credit, LLC and Bank One, National Association. This agreement establishes the terms and conditions for the pooling and servicing of mortgage loans originated by Green point Credit, LLC, which are then transferred to Bank One, National Association. Keywords: — Texas Pooling and Servicing Agreement: Refers to the specific type of agreement governed by the Texas laws regarding the pooling and servicing of mortgage loans. Green pointnt Credit, LLC: Represents the lending institution that originates the mortgage loans and enters into the pooling and servicing agreement with Bank One, National Association. — Bank One, National Association: Refers to the financial institution that undertakes the responsibility of pooling and servicing the mortgage loans acquired from Green point Credit, LLC according to the terms defined in the agreement. Types of Texas Pooling and Servicing Agreements: 1. Residential Mortgage Backed Securities (RMBS) Pooling and Servicing Agreement: This type of agreement pertains to the pooling and servicing of residential mortgage loans issued by Green point Credit, LLC. The agreement outlines the rights and responsibilities of both parties, including loan transfer, payment collection, and resolution of defaults. 2. Commercial Mortgage Backed Securities (CMOS) Pooling and Servicing Agreement: In cases where Green point Credit, LLC originates commercial mortgage loans, a CMB Spooling and servicing agreement is established. This agreement outlines the terms for pooling and servicing the commercial mortgage loans, including payment collection, default resolution, and potential workout strategies. 3. Securitized Pooling and Servicing Agreement: This type of agreement specifically references the securitization of mortgage loans originated by Green point Credit, LLC. It establishes guidelines for bundling such loans into mortgage-backed securities (MBS), defining the scope of loan servicing, and detailing the allocation of cash flows generated by the securitized pool. 4. Warehouse Line Pooling and Servicing Agreement: When Green point Credit, LLC utilizes a warehouse line of credit to fund mortgage loan originations, a specific type of pooling and servicing agreement is implemented. This agreement governs the transfer and servicing of mortgage loans from the warehouse lender (Bank One, National Association) to a specified entity upon the fulfillment of predetermined conditions, such as loan volumes or timeframes. Overall, a Texas Pooling and Servicing Agreement between Green point Credit, LLC and Bank One, National Association sets the framework for the pooling and servicing of mortgage loans, ensuring compliance with Texas laws and defining the obligations of both parties involved.

Description: A Texas Pooling and Servicing Agreement (PSA) is a legal contract between Green point Credit, LLC and Bank One, National Association. This agreement establishes the terms and conditions for the pooling and servicing of mortgage loans originated by Green point Credit, LLC, which are then transferred to Bank One, National Association. Keywords: — Texas Pooling and Servicing Agreement: Refers to the specific type of agreement governed by the Texas laws regarding the pooling and servicing of mortgage loans. Green pointnt Credit, LLC: Represents the lending institution that originates the mortgage loans and enters into the pooling and servicing agreement with Bank One, National Association. — Bank One, National Association: Refers to the financial institution that undertakes the responsibility of pooling and servicing the mortgage loans acquired from Green point Credit, LLC according to the terms defined in the agreement. Types of Texas Pooling and Servicing Agreements: 1. Residential Mortgage Backed Securities (RMBS) Pooling and Servicing Agreement: This type of agreement pertains to the pooling and servicing of residential mortgage loans issued by Green point Credit, LLC. The agreement outlines the rights and responsibilities of both parties, including loan transfer, payment collection, and resolution of defaults. 2. Commercial Mortgage Backed Securities (CMOS) Pooling and Servicing Agreement: In cases where Green point Credit, LLC originates commercial mortgage loans, a CMB Spooling and servicing agreement is established. This agreement outlines the terms for pooling and servicing the commercial mortgage loans, including payment collection, default resolution, and potential workout strategies. 3. Securitized Pooling and Servicing Agreement: This type of agreement specifically references the securitization of mortgage loans originated by Green point Credit, LLC. It establishes guidelines for bundling such loans into mortgage-backed securities (MBS), defining the scope of loan servicing, and detailing the allocation of cash flows generated by the securitized pool. 4. Warehouse Line Pooling and Servicing Agreement: When Green point Credit, LLC utilizes a warehouse line of credit to fund mortgage loan originations, a specific type of pooling and servicing agreement is implemented. This agreement governs the transfer and servicing of mortgage loans from the warehouse lender (Bank One, National Association) to a specified entity upon the fulfillment of predetermined conditions, such as loan volumes or timeframes. Overall, a Texas Pooling and Servicing Agreement between Green point Credit, LLC and Bank One, National Association sets the framework for the pooling and servicing of mortgage loans, ensuring compliance with Texas laws and defining the obligations of both parties involved.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Texas Pooling And Servicing Agreement Between Greenpoint Credit, LLC And Bank One, National Association?

You can invest several hours on-line searching for the lawful document template which fits the state and federal requirements you will need. US Legal Forms offers a huge number of lawful varieties that happen to be analyzed by experts. You can easily obtain or print out the Texas Pooling and Servicing Agreement between Greenpoint Credit, LLC and Bank One, National Association from the services.

If you have a US Legal Forms bank account, you are able to log in and click on the Down load key. After that, you are able to full, modify, print out, or indicator the Texas Pooling and Servicing Agreement between Greenpoint Credit, LLC and Bank One, National Association. Each lawful document template you buy is yours forever. To have yet another copy of any bought kind, go to the My Forms tab and click on the related key.

If you work with the US Legal Forms web site initially, keep to the straightforward directions listed below:

  • Very first, make certain you have chosen the best document template for that state/city of your liking. Browse the kind outline to make sure you have selected the correct kind. If offered, utilize the Preview key to check through the document template at the same time.
  • If you want to locate yet another version of your kind, utilize the Lookup area to find the template that suits you and requirements.
  • Once you have discovered the template you need, just click Purchase now to move forward.
  • Pick the rates plan you need, key in your qualifications, and register for a merchant account on US Legal Forms.
  • Comprehensive the deal. You can use your Visa or Mastercard or PayPal bank account to cover the lawful kind.
  • Pick the format of your document and obtain it to the system.
  • Make adjustments to the document if possible. You can full, modify and indicator and print out Texas Pooling and Servicing Agreement between Greenpoint Credit, LLC and Bank One, National Association.

Down load and print out a huge number of document web templates utilizing the US Legal Forms Internet site, which offers the biggest selection of lawful varieties. Use professional and condition-certain web templates to deal with your small business or specific requirements.

Trusted and secure by over 3 million people of the world’s leading companies

Texas Pooling and Servicing Agreement between Greenpoint Credit, LLC and Bank One, National Association