|
|
|
|
Document Preview Pooling and Servicing Agreement |
|
|
|
|
|
Click "Add to Cart" button to purchase document. |
|
|
|
|
|
Title: |
Pooling and Servicing Agreement |
|
Entities: |
Abfc Asset-Backed Certificates, Series 2005-HE2; Freddie Mac; McGraw-Hill Companies Inc.; Saxon Capital, Inc.; Wells Fargo Bank, NA; Federal National Mortgage Association; Bank of America, NA; Bank of New York |
|
Date: |
2005 |
|
Size: |
Preview shows 5KB of 1155KB total |
|
Price: |
$99 |
|
ID: |
#1480115 |
|
|
|
|
|
|
|
Start of Preview |
|
ASSET BACKED FUNDING CORPORATION,
Depositor
SAXON MORTGAGE SERVICES, INC.,
Servicer
and
WELLS FARGO BANK, N.A.,
Trustee
POOLING AND SERVICING AGREEMENT
Dated as of August 1, 2005
ABFC 2005-HE2 Trust
ABFC Asset-Backed Certificates, Series 2005-HE2
================================================================================
<PAGE>
TABLE OF CONTENTS
Page
ARTICLE I
DEFINITIONS
Section 1.01 Defined Terms................................................
Section 1.02 Accounting...................................................
Section 1.03 Rights of the NIMS Insurer...................................
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans.................................
Section 2.02 Acceptance by Trustee........................................
Section 2.03 Repurchase or Substitution of Mortgage Loans by the
Originators or the Seller....................................
Section 2.04 [Reserved]...................................................
Section 2.05 Representations, Warranties and Covenants of the Servicer....
Section 2.06 Representations and Warranties of the Depositor..............
Section 2.07 Issuance of Certificates and the Uncertificated Regular
Interests....................................................
ARTICLE III
ADMINISTRATION AND SERVICING
OF THE TRUST FUND
Section 3.01 Servicer to Act as Servicer..................................
Section 3.02 Collection of Mortgage Loan Payments.........................
Section 3.03 Realization Upon Defaulted Mortgage Loans....................
Section 3.04 Collection Account, Distribution Account and Reserve
Accounts.....................................................
Section 3.05 Permitted Withdrawals From the Collection Account............
Section 3.06 Establishment of Escrow Accounts; Deposits in Escrow
Accounts.....................................................
Section 3.07 Permitted Withdrawals From Escrow Account....................
Section 3.08 Payment of Taxes, Insurance and Other Charges;
Collections Thereunder.......................................
Section 3.09 Transfer of Accounts.........................................
Section 3.10 Maintenance of Hazard Insurance..............................
Section 3.11 Maintenance of Mortgage Impairment Insurance Policy..........
Section 3.12 Fidelity Bond, Errors and Omissions Insurance................
Section 3.13 Title, Management and Disposition of REO Property............
Section 3.14 Due-on-Sale Clauses; Assumption and Substitution
Agreements...................................................
Section 3.15 Notification of Adjustments..................................
Section 3.16 Optional Purchases of Mortgage Loans by Servicer.............
Section 3.17 Trustee to Cooperate; Release of Files.......................
Section 3.18 Servicing Compensation.......................................
Section 3.19 Annual Statement as to Compliance............................
Section 3.20 Annual Independent Certified Public Accountants' Reports.....
Section 3.21 Access to Certain Documentation and Information Regarding
the Mortgage Loans...........................................
Section 3.22 Duties of Credit Risk Manager................................
Section 3.23 Obligations of the Servicer in Respect of Compensating
Interest.....................................................
Section 3.24 Obligations of the Servicer in Respect of Mortgage
Interest Rates and Monthly Payments..........................
|
End of Preview |
Home Intelligence Services Subscriptions News About Us