Underwriting Agreement of ABFS Mortgage Loan Trust 1999-4 and Prudential Securities Incorporation dated October 21, 1999. 20 pages
The Bexar Texas Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. is a legal agreement entered into between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. This agreement outlines the terms and conditions under which Prudential Securities, Inc. agrees to underwrite the issuance and sale of mortgage-backed securities (MBS) offered by ABCs Mortgage Loan Trust 1999-4 in the Bexar County, Texas area. The primary purpose of this underwriting agreement is to ensure a smooth and efficient process for the sale and distribution of the MBS to investors in Bexar County, Texas. Prudential Securities, Inc. acts as the underwriter, meaning it is responsible for purchasing the MBS from ABCs Mortgage Loan Trust 1999-4 and reselling them to investors. This underwriting agreement includes various important provisions and terms that govern the responsibilities and obligations of both parties involved. It outlines the specific terms of the MBS, including the interest rate, repayment terms, and any applicable conditions. It also specifies the underwriting fee payable to Prudential Securities, Inc. for its services. Additionally, the Bexar Texas Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. may have different variants or types based on the specific MBS being issued. These variants may include different tranches or classes of MBS, each with its own unique characteristics and risk profiles. Prudential Securities, Inc. would underwrite each tranche or class separately, ensuring proper distribution and sale to investors. Keywords: Bexar Texas, underwriting agreement, ABCs Mortgage Loan Trust 1999-4, Prudential Securities, Inc., mortgage-backed securities, MBS, Bexar County, Texas, underwriter, investors, provisions, interest rate, repayment terms, underwriting fee, tranches, classes, risk profiles.
The Bexar Texas Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. is a legal agreement entered into between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. This agreement outlines the terms and conditions under which Prudential Securities, Inc. agrees to underwrite the issuance and sale of mortgage-backed securities (MBS) offered by ABCs Mortgage Loan Trust 1999-4 in the Bexar County, Texas area. The primary purpose of this underwriting agreement is to ensure a smooth and efficient process for the sale and distribution of the MBS to investors in Bexar County, Texas. Prudential Securities, Inc. acts as the underwriter, meaning it is responsible for purchasing the MBS from ABCs Mortgage Loan Trust 1999-4 and reselling them to investors. This underwriting agreement includes various important provisions and terms that govern the responsibilities and obligations of both parties involved. It outlines the specific terms of the MBS, including the interest rate, repayment terms, and any applicable conditions. It also specifies the underwriting fee payable to Prudential Securities, Inc. for its services. Additionally, the Bexar Texas Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. may have different variants or types based on the specific MBS being issued. These variants may include different tranches or classes of MBS, each with its own unique characteristics and risk profiles. Prudential Securities, Inc. would underwrite each tranche or class separately, ensuring proper distribution and sale to investors. Keywords: Bexar Texas, underwriting agreement, ABCs Mortgage Loan Trust 1999-4, Prudential Securities, Inc., mortgage-backed securities, MBS, Bexar County, Texas, underwriter, investors, provisions, interest rate, repayment terms, underwriting fee, tranches, classes, risk profiles.