Phoenix Arizona Pooling and Servicing Agreement is a legally binding document that outlines the terms and conditions for the sale of mortgage loans by a company to a Trustee for inclusion in the Trust Fund. This agreement provides a detailed description of the process, responsibilities, and rights of both parties involved. In Phoenix, Arizona, there are two primary types of Pooling and Servicing Agreements that contemplate the sale of mortgage loans to Trustee for inclusion in the Trust Fund. These types include: 1. Residential Mortgage-Backed Security (RMBS) Pooling and Servicing Agreement: This agreement pertains to the sale of residential mortgage loans to the Trustee. Under this agreement, the company pools a diverse range of mortgage loans and sells them to the Trustee, who then holds and manages them on behalf of the investors. The Trustee ensures that all cash flows from the mortgage loans are distributed to the investors according to the agreed terms and conditions. 2. Commercial Mortgage-Backed Security (CMOS) Pooling and Servicing Agreement: This agreement involves the sale of commercial mortgage loans to the Trustee for inclusion in the Trust Fund. The company transfers a portfolio of commercial mortgage loans to the Trustee, who administers the loans and performs all necessary servicing functions. The Trustee ensures that the income generated from the commercial mortgage loans is directed to the investors in accordance with the pooling and servicing agreement. Keywords: Phoenix Arizona, Pooling and Servicing Agreement, sale of mortgage loans, Trustee, inclusion in the Trust Fund, company, residential mortgage-backed security (RMBS), commercial mortgage-backed security (CMOS).