Middlesex Massachusetts 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
• County: Middlesex
• 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 Middlesex Massachusetts Pooling and Servicing Agreement is a legal contract between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. It serves as a framework for their collaboration in the pooling and servicing of residential mortgage loans in Middlesex County, Massachusetts. Keywords: Middlesex Massachusetts Pooling and Servicing Agreement, IMPACT Secured Assets Corp., iMac Funding Corp., Northwest Bank Minnesota, National Assoc., residential mortgage loans, Middlesex County. The Middlesex Massachusetts Pooling and Servicing Agreement outlines the terms and conditions under which the mortgage loans are pooled together and subsequently serviced by the parties involved. It ensures that all parties follow the agreed-upon guidelines, processes, and responsibilities for the effective management of the mortgage portfolio. The agreement establishes the roles and obligations of each party. IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. Play specific roles in the pooling and servicing arrangement. IMPACT Secured Assets Corp. may act as the loan seller or sponsor, responsible for originating or acquiring the mortgage loans. iMac Funding Corp. can function as the depositor, transferring the loans into the trust created by the agreement. Northwest Bank Minnesota, National Assoc. May serve as the trustee or custodian, responsible for managing and administering the loans. The Middlesex Massachusetts Pooling and Servicing Agreement may have variations or different types, depending on the specific characteristics of the mortgage loans involved or the preferences of the parties. Potential types of agreements may include fixed-rate mortgage pool agreements, adjustable-rate mortgage pool agreements, or hybrid mortgage pool agreements. Each type may have its own unique set of terms, provisions, and specifications tailored to the specific loan types. In summary, the Middlesex Massachusetts Pooling and Servicing Agreement between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. Is a legal contract that establishes the guidelines for pooling and servicing residential mortgage loans in Middlesex County, Massachusetts. The agreement may have different types or variations, depending on the specific loan characteristics. It outlines the roles and obligations of each party involved, ensuring effective mortgage loan management and administration.

Middlesex Massachusetts Pooling and Servicing Agreement is a legal contract between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. It serves as a framework for their collaboration in the pooling and servicing of residential mortgage loans in Middlesex County, Massachusetts. Keywords: Middlesex Massachusetts Pooling and Servicing Agreement, IMPACT Secured Assets Corp., iMac Funding Corp., Northwest Bank Minnesota, National Assoc., residential mortgage loans, Middlesex County. The Middlesex Massachusetts Pooling and Servicing Agreement outlines the terms and conditions under which the mortgage loans are pooled together and subsequently serviced by the parties involved. It ensures that all parties follow the agreed-upon guidelines, processes, and responsibilities for the effective management of the mortgage portfolio. The agreement establishes the roles and obligations of each party. IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. Play specific roles in the pooling and servicing arrangement. IMPACT Secured Assets Corp. may act as the loan seller or sponsor, responsible for originating or acquiring the mortgage loans. iMac Funding Corp. can function as the depositor, transferring the loans into the trust created by the agreement. Northwest Bank Minnesota, National Assoc. May serve as the trustee or custodian, responsible for managing and administering the loans. The Middlesex Massachusetts Pooling and Servicing Agreement may have variations or different types, depending on the specific characteristics of the mortgage loans involved or the preferences of the parties. Potential types of agreements may include fixed-rate mortgage pool agreements, adjustable-rate mortgage pool agreements, or hybrid mortgage pool agreements. Each type may have its own unique set of terms, provisions, and specifications tailored to the specific loan types. In summary, the Middlesex Massachusetts Pooling and Servicing Agreement between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. Is a legal contract that establishes the guidelines for pooling and servicing residential mortgage loans in Middlesex County, Massachusetts. The agreement may have different types or variations, depending on the specific loan characteristics. It outlines the roles and obligations of each party involved, ensuring effective mortgage loan management and administration.