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Document Preview Pooling and Servicing Agreement |
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Title: |
Pooling and Servicing Agreement |
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Entities: |
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Date: |
2007 |
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Size: |
Preview shows 37KB of 1113KB total |
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Price: |
$99 |
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ID: |
#2763797 |
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Start of Preview |
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ARTICLE I
DEFINITIONS
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SECTION 1.01. |
Defined Terms. |
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SECTION 1.02. |
Accounting. |
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SECTION 1.03. |
Allocation of Certain Interest Shortfalls. |
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SECTION 1.04. |
Rights of the NIMS Insurer.
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ARTICLE II
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
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SECTION 2.01. |
Conveyance of Mortgage Loans. |
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SECTION 2.02. |
Acceptance by Trustee. |
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SECTION 2.03. |
Repurchase or Substitution of Mortgage Loans by the Originator or Responsible Party. |
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SECTION 2.04. |
Intentionally Omitted. |
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SECTION 2.05. |
Representations, Warranties and Covenants of the Servicer. |
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SECTION 2.06. |
Representations and Warranties of the Depositor. |
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SECTION 2.07. |
Issuance of Certificates. |
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SECTION 2.08. |
Authorization to Enter into Interest Rate Swap Agreement. |
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SECTION 2.09. |
Conveyance of REMIC Regular Interests and Acceptance of REMIC 2, REMIC 3, REMIC 4, REMIC 5 and REMIC 6 by the Trustee; Issuance of Certificates. |
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SECTION 2.10. |
Negative Covenants of the Trustee and the Servicer.
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ARTICLE III
ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
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SECTION 3.01. |
Servicer to Act as Servicer. |
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SECTION 3.02. |
Sub-Servicing Agreements Between Servicer and Sub-Servicers. |
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SECTION 3.03. |
Successor Sub-Servicers. |
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SECTION 3.04. |
Liability of the Servicer. |
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SECTION 3.05. |
No Contractual Relationship Between Sub-Servicers and the NIMS Insurer, the Trustee or Certificateholders. |
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SECTION 3.06. |
Assumption or Termination of Sub-Servicing Agreements by Trustee. |
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SECTION 3.07. |
Collection of Certain Mortgage Loan Payments. |
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SECTION 3.08. |
Sub-Servicing Accounts. |
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SECTION 3.09. |
Collection of Taxes, Assessments and Similar Items; Servicing Accounts. |
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SECTION 3.10. |
Collection Account and Distribution Account. |
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SECTION 3.11. |
Withdrawals from the Collection Account and Distribution Account. |
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SECTION 3.12. |
Investment of Funds in the Collection Account and the Distribution Account. |
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SECTION 3.13. |
Rights of the Class C Certificateholder. |
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SECTION 3.14. |
Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage. |
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SECTION 3.15. |
Enforcement of Due-On-Sale Clauses; Assumption Agreements. |
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SECTION 3.16. |
Realization Upon Defaulted Mortgage Loans. |
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SECTION 3.17. |
Trustee to Cooperate; Release of Mortgage Files. |
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SECTION 3.18. |
Servicing Compensation. |
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SECTION 3.19. |
Reports to the Trustee; Collection Account Statements. |
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SECTION 3.20. |
Statement as to Compliance. |
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SECTION 3.21. |
Assessment of Compliance and Attestation Report. |
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SECTION 3.22. |
Access to Certain Documentation. |
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SECTION 3.23. |
Title, Management and Disposition of REO Property. |
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SECTION 3.24. |
Obligations of the Servicer in Respect of Prepayment Interest Shortfalls. |
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SECTION 3.25. |
Reports Filed with Securities and Exchange Commission. |
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SECTION 3.26. |
Obligations of the Servicer in Respect of Mortgage Rates and Monthly Payments. |
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SECTION 3.27. |
Solicitations. |
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SECTION 3.28. |
[Reserved]. |
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SECTION 3.29. |
Advancing Facility.
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ARTICLE IV
FLOW OF FUNDS
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SECTION 4.01. |
Distributions. |
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SECTION 4.02. |
[Reserved]. |
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SECTION 4.03. |
Statements. |
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SECTION 4.04. |
Remittance Reports; Advances. |
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SECTION 4.05. |
Net WAC Rate Carryover Reserve Account. |
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SECTION 4.06. |
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End of Preview |
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