New Century Picture Corp Item Number Lookup

• Category: Corporations - Public - Pooling and Servicing
• State: Multi-State
• County: King
• Control #: US-EG-9046
• Format: Word; Rich Text

Description

Pooling and Servicing Agreement of New Century Mortgage Securities, Inc. dated 00/00. 166 pages The King Washington Pooling and Servicing Agreement of New Century Mortgage Securities, Inc. is a legal document that governs the pooling and servicing of mortgage loans issued by New Century Mortgage Securities, Inc. It outlines the rights and responsibilities of different parties involved in the securitization process. Keywords: King Washington Pooling and Servicing Agreement, New Century Mortgage Securities, Inc., securitization, mortgage loans, pooling, servicing, legal document, rights, responsibilities. The King Washington Pooling and Servicing Agreement of New Century Mortgage Securities, Inc. consists of various types based on different characteristics and specifications. These variations cater to specific requirements, terms, and conditions, ensuring flexibility and customization in the securitization process. Some notable types of King Washington Pooling and Servicing Agreement of New Century Mortgage Securities, Inc. include: 1. King Washington Pooling and Servicing Agreement — Fixed-Rate Loans: This type of agreement pertains to mortgage loans with a fixed interest rate. It details how the pool of fixed-rate loans will be governed and serviced, including the collection of principal, interest payments, delinquencies, and foreclosure procedures. 2. King Washington Pooling and Servicing Agreement — Adjustable-Rate Loans: This agreement corresponds to mortgage loans with an adjustable interest rate. It outlines the specific terms and conditions for managing the pool of adjustable-rate loans, including periodic adjustments, payment calculations, interest rate caps, and adjustment indexes. 3. King Washington Pooling and Servicing Agreement — Prime Loans: Prime loans typically refer to mortgage loans granted to borrowers with strong credit scores and financial profiles. This type of agreement focuses on pooling and servicing mortgage loans specifically categorized as prime loans, highlighting the associated servicing requirements, payment structures, and default management procedures. 4. King Washington Pooling and Servicing Agreement — Subprime Loans: In contrast to prime loans, subprime loans are granted to borrowers with weaker credit histories or financial instability. This type of agreement addresses the pooling and servicing of subprime mortgage loans, including mechanisms to handle higher delinquency and default rates, loss mitigation strategies, and foreclosure processes. These are just a few examples of the multiple types of King Washington Pooling and Servicing Agreements of New Century Mortgage Securities, Inc. These variations are designed to accommodate the diverse requirements and characteristics of mortgage loans, allowing for efficient management and risk mitigation within the securitization process.

The King Washington Pooling and Servicing Agreement of New Century Mortgage Securities, Inc. is a legal document that governs the pooling and servicing of mortgage loans issued by New Century Mortgage Securities, Inc. It outlines the rights and responsibilities of different parties involved in the securitization process. Keywords: King Washington Pooling and Servicing Agreement, New Century Mortgage Securities, Inc., securitization, mortgage loans, pooling, servicing, legal document, rights, responsibilities. The King Washington Pooling and Servicing Agreement of New Century Mortgage Securities, Inc. consists of various types based on different characteristics and specifications. These variations cater to specific requirements, terms, and conditions, ensuring flexibility and customization in the securitization process. Some notable types of King Washington Pooling and Servicing Agreement of New Century Mortgage Securities, Inc. include: 1. King Washington Pooling and Servicing Agreement — Fixed-Rate Loans: This type of agreement pertains to mortgage loans with a fixed interest rate. It details how the pool of fixed-rate loans will be governed and serviced, including the collection of principal, interest payments, delinquencies, and foreclosure procedures. 2. King Washington Pooling and Servicing Agreement — Adjustable-Rate Loans: This agreement corresponds to mortgage loans with an adjustable interest rate. It outlines the specific terms and conditions for managing the pool of adjustable-rate loans, including periodic adjustments, payment calculations, interest rate caps, and adjustment indexes. 3. King Washington Pooling and Servicing Agreement — Prime Loans: Prime loans typically refer to mortgage loans granted to borrowers with strong credit scores and financial profiles. This type of agreement focuses on pooling and servicing mortgage loans specifically categorized as prime loans, highlighting the associated servicing requirements, payment structures, and default management procedures. 4. King Washington Pooling and Servicing Agreement — Subprime Loans: In contrast to prime loans, subprime loans are granted to borrowers with weaker credit histories or financial instability. This type of agreement addresses the pooling and servicing of subprime mortgage loans, including mechanisms to handle higher delinquency and default rates, loss mitigation strategies, and foreclosure processes. These are just a few examples of the multiple types of King Washington Pooling and Servicing Agreements of New Century Mortgage Securities, Inc. These variations are designed to accommodate the diverse requirements and characteristics of mortgage loans, allowing for efficient management and risk mitigation within the securitization process.