Wake North Carolina 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: Wake
• 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 Wake North Carolina Pooling and Servicing Agreement is a legally binding contract between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. This agreement outlines the terms and conditions under which these financial institutions collaborate to pool and service mortgage loans in the Wake County area of North Carolina. Keyword: Pooling and Servicing Agreement, Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., Bank One, Wake County, North Carolina This agreement serves as a mechanism for the three entities to combine their resources, expertise, and infrastructure to efficiently manage mortgage loans in Wake County. By pooling their funds, Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One aim to increase liquidity and improve the overall performance of the mortgage-backed securities market. The Wake North Carolina Pooling and Servicing Agreement outlines the responsibilities and obligations of each party. Credit Suisse First Boston Mortgage Securities Corp., as the lead investor and service, takes the lead in managing the pool of mortgage loans. Washington Mutual Bank F.A. and Bank One act as investors, contributing capital to the pool. Through this agreement, the parties agree to adhere to certain eligibility criteria and loan servicing guidelines. These guidelines ensure fair and consistent practices such as proper loan documentation, timely payment collection, and borrower communication. The agreement also specifies the allocation of cash flows generated by the mortgage pool among the participating parties. In addition to the primary agreement, there might be variations or different types of Wake North Carolina Pooling and Servicing Agreements entered into by Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. These variations could include agreements tailored for specific loan types (fixed-rate, adjustable-rate, jumbo, etc.) or agreements intended for different time periods (short-term, long-term, etc.). Each variation would have its own terms and conditions based on the unique characteristics of the loans involved. Overall, the Wake North Carolina Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One provides a framework for efficient mortgage loan pooling and servicing operations in Wake County. By collaborating under this agreement, these financial institutions can effectively manage mortgage-backed securities and contribute to the stability and growth of the local real estate market.

Wake North Carolina Pooling and Servicing Agreement is a legally binding contract between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. This agreement outlines the terms and conditions under which these financial institutions collaborate to pool and service mortgage loans in the Wake County area of North Carolina. Keyword: Pooling and Servicing Agreement, Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., Bank One, Wake County, North Carolina This agreement serves as a mechanism for the three entities to combine their resources, expertise, and infrastructure to efficiently manage mortgage loans in Wake County. By pooling their funds, Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One aim to increase liquidity and improve the overall performance of the mortgage-backed securities market. The Wake North Carolina Pooling and Servicing Agreement outlines the responsibilities and obligations of each party. Credit Suisse First Boston Mortgage Securities Corp., as the lead investor and service, takes the lead in managing the pool of mortgage loans. Washington Mutual Bank F.A. and Bank One act as investors, contributing capital to the pool. Through this agreement, the parties agree to adhere to certain eligibility criteria and loan servicing guidelines. These guidelines ensure fair and consistent practices such as proper loan documentation, timely payment collection, and borrower communication. The agreement also specifies the allocation of cash flows generated by the mortgage pool among the participating parties. In addition to the primary agreement, there might be variations or different types of Wake North Carolina Pooling and Servicing Agreements entered into by Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. These variations could include agreements tailored for specific loan types (fixed-rate, adjustable-rate, jumbo, etc.) or agreements intended for different time periods (short-term, long-term, etc.). Each variation would have its own terms and conditions based on the unique characteristics of the loans involved. Overall, the Wake North Carolina Pooling and Servicing Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One provides a framework for efficient mortgage loan pooling and servicing operations in Wake County. By collaborating under this agreement, these financial institutions can effectively manage mortgage-backed securities and contribute to the stability and growth of the local real estate market.