Wyoming Pooling and Servicing Agreement between IMPAC Secured Assets Corp., IMAC Funding Corp. and Northwest Bank Minnesota, National Assoc.

• Category: Corporations - Public - Pooling and Servicing
• State: Multi-State
• Control #: US-EG-9042
• Format: Word; Rich Text

Description

Pooling and Servicing Agr. btwn IMPAC Secured Assets Corporation, IMAC Funding Corporation and Northwest Bank Minnesota, National Association dated Dec. 1, 1999. 142 pages A Wyoming Pooling and Servicing Agreement is a legal document that outlines the terms and conditions for pooling and servicing mortgage loans between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. This agreement serves as a framework for the management and administration of mortgage loans in Wyoming. Keywords: Wyoming Pooling and Servicing Agreement, IMPACT Secured Assets Corp., iMac Funding Corp., Northwest Bank Minnesota, National Assoc., mortgage loans, pooling, servicing, management, administration. There are several types of Wyoming Pooling and Servicing Agreements between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. These agreements are customized based on specific loan portfolios and investor requirements. Some variations of these agreements include: 1. Residential Mortgage Pooling and Servicing Agreement: This agreement pertains to residential mortgage loans pooled together and serviced by the aforementioned parties. It covers various aspects such as loan origination, servicing fees, borrower payments, and investor distribution. 2. Commercial Mortgage Pooling and Servicing Agreement: This type of agreement focuses on commercial mortgage loans pooled and serviced under the collaboration of IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. It outlines the terms for managing and servicing commercial mortgage loans, including procedures for payment processing, default management, and investor reporting. 3. Non-Performing Loan Pooling and Servicing Agreement: This agreement is specifically designed for non-performing or distressed mortgage loans. It establishes the guidelines and procedures for managing these loans, including foreclosure processes, loan workouts, and investor communication. 4. Mortgage-backed Securities Pooling and Servicing Agreement: This agreement is applicable when the mortgage loans are securitized and sold as mortgage-backed securities (MBS). It covers the responsibilities of IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. In managing the MBS, including cash flow distribution, investor reporting, and compliance with regulatory requirements. These are just a few examples of the different types of Wyoming Pooling and Servicing Agreements that may exist between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. As each agreement can vary based on specific loan portfolios, investor preferences, and legal requirements, it is essential for all parties involved to carefully draft and execute the agreement to ensure compliance and efficient management of the mortgage loans.

A Wyoming Pooling and Servicing Agreement is a legal document that outlines the terms and conditions for pooling and servicing mortgage loans between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. This agreement serves as a framework for the management and administration of mortgage loans in Wyoming. Keywords: Wyoming Pooling and Servicing Agreement, IMPACT Secured Assets Corp., iMac Funding Corp., Northwest Bank Minnesota, National Assoc., mortgage loans, pooling, servicing, management, administration. There are several types of Wyoming Pooling and Servicing Agreements between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. These agreements are customized based on specific loan portfolios and investor requirements. Some variations of these agreements include: 1. Residential Mortgage Pooling and Servicing Agreement: This agreement pertains to residential mortgage loans pooled together and serviced by the aforementioned parties. It covers various aspects such as loan origination, servicing fees, borrower payments, and investor distribution. 2. Commercial Mortgage Pooling and Servicing Agreement: This type of agreement focuses on commercial mortgage loans pooled and serviced under the collaboration of IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. It outlines the terms for managing and servicing commercial mortgage loans, including procedures for payment processing, default management, and investor reporting. 3. Non-Performing Loan Pooling and Servicing Agreement: This agreement is specifically designed for non-performing or distressed mortgage loans. It establishes the guidelines and procedures for managing these loans, including foreclosure processes, loan workouts, and investor communication. 4. Mortgage-backed Securities Pooling and Servicing Agreement: This agreement is applicable when the mortgage loans are securitized and sold as mortgage-backed securities (MBS). It covers the responsibilities of IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. In managing the MBS, including cash flow distribution, investor reporting, and compliance with regulatory requirements. These are just a few examples of the different types of Wyoming Pooling and Servicing Agreements that may exist between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. As each agreement can vary based on specific loan portfolios, investor preferences, and legal requirements, it is essential for all parties involved to carefully draft and execute the agreement to ensure compliance and efficient management of the mortgage loans.