The Washington Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 refers to a specific agreement made between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. This underwriting agreement outlines the terms and conditions under which Prudential Securities, Inc. will purchase and underwrite mortgage loans from ABCs Mortgage Loan Trust 1999-4. ABCs Mortgage Loan Trust 1999-4 is a financial entity that pools together a portfolio of mortgage loans, packaging them into securities that can be traded in the secondary market. Prudential Securities, Inc. is an investment banking firm and a subsidiary of Prudential Financial, Inc., which specializes in underwriting and distributing various types of securities. The underwriting agreement between these two parties is a legally binding document that establishes the terms of the transaction. It includes details regarding the responsibilities and obligations of both ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. during the underwriting process. This may involve reviewing the mortgage loans' documentation, verifying their compliance with industry regulations, assessing their creditworthiness, and determining the appropriate pricing and structuring for the securities. The agreement also encompasses the specific terms of the transaction, such as the amount of mortgage loans to be underwritten, the purchase price, and the allocation of risk between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. It may address matters such as representations and warranties, indemnification provisions, termination clauses, and dispute resolution mechanisms. It is important to note that the Washington Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. is specific to this particular transaction and parties involved. Different types of underwriting agreements may exist, depending on the entities, assets, and markets involved. Each agreement will have its own unique terms and conditions tailored to the specific circumstances of the underwriting engagement.