Riverside California Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A. and Bank One

• Category: Corporations - Public - Pooling and Servicing
• State: Multi-State
• County: Riverside
• Control #: US-EG-9080
• Format: Word; Rich Text

Description

Pooling and Servicing Agr. btwn Credit Suisse First Boston Mortgage Securities Corp., Wash. Mutual Bank F.A. and Bank One - National Association dated Nov. 1, 1999. 213 pages A Riverside California Pooling and Servicing Agreement is a contractual agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. This agreement outlines the terms and conditions for the pooling and servicing of mortgage loans within the Riverside, California area. The purpose of this agreement is to establish a framework for the securitization of mortgage loans originated by Washington Mutual Bank F.A. and Bank One, which are then purchased by Credit Suisse First Boston Mortgage Securities Corp. These loans are typically sourced from borrowers in the Riverside, California region. The Riverside California Pooling and Servicing Agreement involves the pooling of these mortgage loans, which means combining multiple individual mortgage loans into a single asset-backed security. This security is then sold to investors in order to raise capital for the originating banks. This agreement includes various key provisions such as the terms for the transfer and assignment of the mortgage loans, the responsibilities and obligations of the parties involved, the servicing of the loans, and the payment of principal and interest to investors. It is important to note that there can be different types of Riverside California Pooling and Servicing Agreements between these parties. These may include variations in the terms, conditions, and obligations based on factors such as the specific loan portfolios involved, loan types, or other relevant factors. Examples of different types of Riverside California Pooling and Servicing Agreements could include agreements specific to adjustable-rate mortgages, fixed-rate mortgages, or agreements focusing on different subsets of loans based on borrower creditworthiness or loan-to-value ratios. In conclusion, a Riverside California Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One is a legal contract that governs the pooling and servicing of mortgage loans in the Riverside, California area. Through this agreement, the parties involved establish guidelines for the transfer, servicing, and repayment of these loans, facilitating the securitization process and providing investment opportunities for interested parties.

A Riverside California Pooling and Servicing Agreement is a contractual agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. This agreement outlines the terms and conditions for the pooling and servicing of mortgage loans within the Riverside, California area. The purpose of this agreement is to establish a framework for the securitization of mortgage loans originated by Washington Mutual Bank F.A. and Bank One, which are then purchased by Credit Suisse First Boston Mortgage Securities Corp. These loans are typically sourced from borrowers in the Riverside, California region. The Riverside California Pooling and Servicing Agreement involves the pooling of these mortgage loans, which means combining multiple individual mortgage loans into a single asset-backed security. This security is then sold to investors in order to raise capital for the originating banks. This agreement includes various key provisions such as the terms for the transfer and assignment of the mortgage loans, the responsibilities and obligations of the parties involved, the servicing of the loans, and the payment of principal and interest to investors. It is important to note that there can be different types of Riverside California Pooling and Servicing Agreements between these parties. These may include variations in the terms, conditions, and obligations based on factors such as the specific loan portfolios involved, loan types, or other relevant factors. Examples of different types of Riverside California Pooling and Servicing Agreements could include agreements specific to adjustable-rate mortgages, fixed-rate mortgages, or agreements focusing on different subsets of loans based on borrower creditworthiness or loan-to-value ratios. In conclusion, a Riverside California Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One is a legal contract that governs the pooling and servicing of mortgage loans in the Riverside, California area. Through this agreement, the parties involved establish guidelines for the transfer, servicing, and repayment of these loans, facilitating the securitization process and providing investment opportunities for interested parties.