Grantor Trust Agr. btwn Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA and Bank One, National Association dated Nov. 1, 1999. 47 pages
A Virginia Granter Trust Agreement is a legal contract that establishes a trust relationship between three parties: Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. This agreement is commonly used in the financial industry for the securitization of mortgage assets. One type of Virginia Granter Trust Agreement between these parties is the Mortgage-Backed Security (MBS) Trust Agreement. In this agreement, Credit Suisse First Boston Mortgage Securities Corp. acts as the sponsor, Washington Mutual Bank FA as the depositor, and Bank One, National Assoc. As the trustee. The purpose of this agreement is to create a trust that holds a pool of mortgage loans, generating cash flows to investors who purchase the MBS. Another type of Virginia Granter Trust Agreement could be the Collateralized Debt Obligation (CDO) Trust Agreement. In this agreement, Credit Suisse First Boston Mortgage Securities Corp. would pool various mortgage-backed securities, creating a diversified portfolio. Washington Mutual Bank FA would act as the depositor, transferring the securities to the trust, and Bank One, National Assoc. Would serve as the trustee. This agreement aims to create structured debt securities that offer different risk and return profiles to investors. The Virginia Granter Trust Agreement outlines the roles, responsibilities, and obligations of each party involved. It specifies the terms under which assets are transferred to the trust, the methodologies for calculating interest payments and distributions, and the rights and remedies of investors. Additionally, it may include provisions for the appointment of a servicing agent to handle loan administration and collections on behalf of the trustee. Keywords: Virginia Granter Trust Agreement, Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, Bank One National Assoc., Mortgage-Backed Security, MBS, Collateralized Debt Obligation, CDO, securitization, trust relationship, sponsor, depositor, trustee, structured debt securities, risk, return, assets, interest payments, distributions, rights, remedies, loan administration, servicing agent.
A Virginia Granter Trust Agreement is a legal contract that establishes a trust relationship between three parties: Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. This agreement is commonly used in the financial industry for the securitization of mortgage assets. One type of Virginia Granter Trust Agreement between these parties is the Mortgage-Backed Security (MBS) Trust Agreement. In this agreement, Credit Suisse First Boston Mortgage Securities Corp. acts as the sponsor, Washington Mutual Bank FA as the depositor, and Bank One, National Assoc. As the trustee. The purpose of this agreement is to create a trust that holds a pool of mortgage loans, generating cash flows to investors who purchase the MBS. Another type of Virginia Granter Trust Agreement could be the Collateralized Debt Obligation (CDO) Trust Agreement. In this agreement, Credit Suisse First Boston Mortgage Securities Corp. would pool various mortgage-backed securities, creating a diversified portfolio. Washington Mutual Bank FA would act as the depositor, transferring the securities to the trust, and Bank One, National Assoc. Would serve as the trustee. This agreement aims to create structured debt securities that offer different risk and return profiles to investors. The Virginia Granter Trust Agreement outlines the roles, responsibilities, and obligations of each party involved. It specifies the terms under which assets are transferred to the trust, the methodologies for calculating interest payments and distributions, and the rights and remedies of investors. Additionally, it may include provisions for the appointment of a servicing agent to handle loan administration and collections on behalf of the trustee. Keywords: Virginia Granter Trust Agreement, Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, Bank One National Assoc., Mortgage-Backed Security, MBS, Collateralized Debt Obligation, CDO, securitization, trust relationship, sponsor, depositor, trustee, structured debt securities, risk, return, assets, interest payments, distributions, rights, remedies, loan administration, servicing agent.