The Collin Texas Granter Trust Agreement is a legal contract established between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. This agreement outlines the terms and conditions of a trust established in Collin County, Texas. The primary purpose of the Collin Texas Granter Trust Agreement is to facilitate the securitization of mortgage-backed securities. It allows Credit Suisse First Boston Mortgage Securities Corp. to transfer ownership and servicing rights of a pool of mortgages to the trust. Washington Mutual Bank FA and Bank One, National Assoc. Act as trustees of the trust. Once the mortgages are transferred to the trust, they are packaged into tranches and sold to investors as mortgage-backed securities. The income generated from the underlying mortgage payments is then distributed to the investors based on the terms specified in the agreement. Under the Collin Texas Granter Trust Agreement, there may be different types or series of trusts established depending on the specific requirements of the transaction. These variations are often distinguished by different series numbers or designations to differentiate the different offerings. Each Collin Texas Granter Trust Agreement will have its unique terms, including the duration of the trust, the nature of the underlying mortgage loans, and the rights and responsibilities of the parties involved. These agreements are drafted in compliance with applicable laws and regulations to ensure transparency and protection for all parties involved. In conclusion, the Collin Texas Granter Trust Agreement between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. Establishes a legally binding arrangement regarding the securitization of mortgage-backed securities. It provides a framework for the creation, management, and distribution of income from the trust, ensuring transparency and compliance with applicable laws.