The Wake North Carolina Pooling and Servicing Agreement is a contractual agreement between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. It outlines the terms and conditions for the pooling and servicing of mortgage loans in the Wake County region of North Carolina. This agreement is designed to regulate the process of packaging multiple loans into mortgage-backed securities, which are then sold to investors. Keywords: Wake North Carolina, Pooling and Servicing Agreement, IMPACT Secured Assets Corp., iMac Funding Corp., Northwest Bank Minnesota, National Assoc., mortgage loans, mortgage-backed securities, investors, contractual agreement, terms and conditions. There may be several variations or types of Wake North Carolina Pooling and Servicing Agreements between these entities. Some possible types of agreements could include: 1. Residential Mortgage Pooling and Servicing Agreement: This type of agreement may involve the pooling and servicing of residential mortgage loans originating in the Wake County region of North Carolina. It would outline the specific terms regarding the management, collection, and distribution of payments related to these residential mortgages. 2. Commercial Mortgage Pooling and Servicing Agreement: This type of agreement might involve the pooling and servicing of commercial mortgage loans in Wake County, North Carolina. It would define the terms and conditions for the management, collection, and distribution of payments related to these commercial mortgages. 3. Multi-Family Mortgage Pooling and Servicing Agreement: This type of agreement could pertain to the pooling and servicing of multi-family mortgage loans in Wake County, North Carolina. It would establish the specific provisions for the management, collection, and distribution of payments related to these multi-family mortgages. Each type of agreement would have its own unique terms, conditions, and specifications based on the specific type of mortgage loans being pooled and serviced. These agreements play a crucial role in facilitating the smooth operation of the mortgage-backed securities market in Wake County, North Carolina, ensuring that all parties involved adhere to the established guidelines and responsibilities.
Wake North Carolina Pooling and Servicing Agreement between IMPAC Secured Assets Corp., IMAC Funding Corp. and Northwest Bank Minnesota, National Assoc.
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