|
|
|
|
Document Preview Pooling and Servicing Agreement |
|
|
|
|
|
Click "Add to Cart" button to purchase document. |
|
|
|
|
|
Title: |
Pooling and Servicing Agreement |
|
Entities: |
Abfc C-Bass Mortgage Loan Asset-Backed Certificates, Series 2005-CB5; Banc of America Securities LLC; Barclays Capital Inc.; Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.; Freddie Mac; JPMorgan Chase Bank; McGraw-Hill Companies Inc.; U.S. Bank, NA; Federal National Mortgage Association; Bank of New York |
|
Date: |
2005 |
|
Size: |
Preview shows 5KB of 1157KB total |
|
Price: |
$99 |
|
ID: |
#1492985 |
|
|
|
|
|
|
|
Start of Preview |
|
ASSET BACKED FUNDING CORPORATION,
Depositor
CREDIT-BASED ASSET SERVICING AND SECURITIZATION LLC,
Seller
LITTON LOAN SERVICING LP,
Servicer
and
U.S. BANK NATIONAL ASSOCIATION, Trustee
POOLING AND SERVICING AGREEMENT
Dated as of August 1, 2005
2005-CB5 Trust
C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB5
================================================================================
<PAGE>
TABLE OF CONTENTS
ARTICLE I
DEFINITIONS
Section 1.01 Defined Terms...................................................
Section 1.02 Accounting......................................................
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 Seller......
Section 2.04 Representations and Warranties of the Seller with Respect.......
to the Mortgage Loans.........................................
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.............................................
Section 2.08 Representations and Warranties of the Seller....................
Section 2.09 Covenants of the Seller.........................................
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 Account; Deposits in Escrow Account.....
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 and
Certain Delinquent Mortgage Loans.............................
Section 3.14 Due-on-Sale Clauses; Assumption and Substitution Agreements.....
Section 3.15 Notification of Adjustments.....................................
Section 3.16 Optional Purchases and Sales 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 Reserved........................................................
Section 3.23 Obligations of the Servicer in Respect of Compensating
Interest......................................................
|
End of Preview |
Home Intelligence Services Subscriptions News About Us