Grantor Trust Agr. btwn Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA and Bank One, National Association dated Nov. 1, 1999. 47 pages
The King Washington Granter Trust Agreement is a legal agreement that establishes a trust relationship between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. This agreement is designed to provide a vehicle for securitizing mortgage loans and creating mortgage-backed securities. Under this trust agreement, the mortgage loans held by Washington Mutual Bank FA and Bank One, National Assoc. Are transferred to Credit Suisse First Boston Mortgage Securities Corp., who then pools these loans together and creates a trust. The trust issues mortgage-backed securities to investors based on the cash flows generated by the underlying mortgage loans. There are several types of King Washington Granter Trust Agreements that can be established between the parties involved. These may vary depending on factors such as the type of mortgage loans included, the structure of the securities issued, and the specific terms and conditions of the agreement. One type of King Washington Granter Trust Agreement could involve residential mortgage loans. In this case, the trust would consist of mortgage loans secured by residential properties, such as single-family homes or condominiums. The mortgage-backed securities issued by the trust would then represent interests in a pool of these residential mortgage loans. Another type of King Washington Granter Trust Agreement could involve commercial mortgage loans. Commercial mortgage loans are used to finance commercial properties such as office buildings, retail centers, or industrial warehouses. The trust created under this agreement would consist of these commercial mortgage loans, and the mortgage-backed securities issued would represent interests in this pool of loans. Additionally, there could be King Washington Granter Trust Agreements that combine both residential and commercial mortgage loans. Such agreements would include a mix of both residential and commercial mortgage loans within the trust, and the issued mortgage-backed securities would reflect this diversified pool. It is important to note that the specific terms and conditions of each King Washington Granter Trust Agreement may vary, including the duration of the agreement, the rights and responsibilities of the parties involved, the priority of payments, and the overall structure of the securitization process. In summary, the King Washington Granter Trust Agreement is a legal document that establishes a trust relationship between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. This agreement enables the securitization of mortgage loans and the creation of mortgage-backed securities. Depending on the type of mortgage loans involved, there can be various types of King Washington Granter Trust Agreements, including those focusing on residential mortgage loans, commercial mortgage loans, or a combination of both.
The King Washington Granter Trust Agreement is a legal agreement that establishes a trust relationship between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. This agreement is designed to provide a vehicle for securitizing mortgage loans and creating mortgage-backed securities. Under this trust agreement, the mortgage loans held by Washington Mutual Bank FA and Bank One, National Assoc. Are transferred to Credit Suisse First Boston Mortgage Securities Corp., who then pools these loans together and creates a trust. The trust issues mortgage-backed securities to investors based on the cash flows generated by the underlying mortgage loans. There are several types of King Washington Granter Trust Agreements that can be established between the parties involved. These may vary depending on factors such as the type of mortgage loans included, the structure of the securities issued, and the specific terms and conditions of the agreement. One type of King Washington Granter Trust Agreement could involve residential mortgage loans. In this case, the trust would consist of mortgage loans secured by residential properties, such as single-family homes or condominiums. The mortgage-backed securities issued by the trust would then represent interests in a pool of these residential mortgage loans. Another type of King Washington Granter Trust Agreement could involve commercial mortgage loans. Commercial mortgage loans are used to finance commercial properties such as office buildings, retail centers, or industrial warehouses. The trust created under this agreement would consist of these commercial mortgage loans, and the mortgage-backed securities issued would represent interests in this pool of loans. Additionally, there could be King Washington Granter Trust Agreements that combine both residential and commercial mortgage loans. Such agreements would include a mix of both residential and commercial mortgage loans within the trust, and the issued mortgage-backed securities would reflect this diversified pool. It is important to note that the specific terms and conditions of each King Washington Granter Trust Agreement may vary, including the duration of the agreement, the rights and responsibilities of the parties involved, the priority of payments, and the overall structure of the securitization process. In summary, the King Washington Granter Trust Agreement is a legal document that establishes a trust relationship between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank FA, and Bank One, National Assoc. This agreement enables the securitization of mortgage loans and the creation of mortgage-backed securities. Depending on the type of mortgage loans involved, there can be various types of King Washington Granter Trust Agreements, including those focusing on residential mortgage loans, commercial mortgage loans, or a combination of both.