Credit Suisse, Wells Fargo, DLJ Mortgage Capital sign pooling agreement.
TL;DR
Credit Suisse, Wells Fargo, and DLJ Mortgage Capital have signed a pooling and servicing agreement for a mortgage-backed securities deal, detailing loan conveyance, servicing duties, and payment distribution to investors.
Tags
This pooling and servicing agreement outlines the terms of a mortgage-backed securities transaction between Credit Suisse First Boston Mortgage Securities Corp (Depositor), DLJ Mortgage Capital (Seller), Wells Fargo Bank (Master Servicer and Trust Administrator), and other parties. The agreement covers the conveyance of mortgage loans, representations and warranties, and servicing obligations. The Master Servicer and Servicers will collect and distribute payments, and the Special Servicer will handle any delinquent or defaulted loans. The Trustee will hold the mortgage loans and distribute payments to the certificate holders.