The Utah Pooling and Servicing Agreement is a legally binding document that outlines the terms and conditions for the pooling of mortgage loans and the servicing of those loans between IMPACT Secured Assets Corp., iMac Funding Corp. and Northwest Bank Minnesota, National Assoc. This agreement is specific to the state of Utah and ensures compliance with the laws and regulations of the state. Keywords: Utah Pooling and Servicing Agreement, IMPACT Secured Assets Corp., iMac Funding Corp., Northwest Bank Minnesota, National Assoc., mortgage loans, servicing, compliance, terms, conditions, laws, regulations. Types of Utah Pooling and Servicing Agreements between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. May include: 1. Residential Mortgage Pooling and Servicing Agreement: This type of agreement covers residential mortgage loans acquired by IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. In Utah. It outlines the responsibilities of each party in terms of loan pooling, servicing, and compliance with state regulations. 2. Commercial Mortgage Pooling and Servicing Agreement: This agreement focuses on commercial mortgage loans pooled and serviced by the involved parties in Utah. It outlines the specific terms and conditions related to commercial properties and the responsibilities of each party involved. 3. Securitized Mortgage Pooling and Servicing Agreement: In cases where the involved parties securitize mortgage loans in Utah, a specialized agreement is drafted. This agreement sets forth the requirements for pooling, servicing, and managing securitized mortgage pools, ensuring compliance with relevant laws and regulations. 4. Government-Backed Mortgage Pooling and Servicing Agreement: If the mortgage loans in question are government-backed, such as FHA or VA loans, a different type of agreement may be used. This agreement stipulates the specific requirements and obligations related to government-insured or guaranteed mortgage loans in Utah. 5. Non-Performing Loan Pooling and Servicing Agreement: In cases where the mortgage loans have defaulted or are delinquent, a non-performing loan pooling and servicing agreement may be executed. This agreement outlines the process, responsibilities, and requirements for managing and servicing non-performing loans in Utah. Please note that the specific types of Utah Pooling and Servicing Agreements between IMPACT Secured Assets Corp., iMac Funding Corp., and Northwest Bank Minnesota, National Assoc. May vary based on the nature of the loans, properties, or specific circumstances of each agreement.
Utah Pooling and Servicing Agreement between IMPAC Secured Assets Corp., IMAC Funding Corp. and Northwest Bank Minnesota, National Assoc.
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NOTE: Another way to find a PSA is to go to the SEC EDGAR search index page: .
A mortgage servicing disclosure provides information from the lender about whether or not the servicing of the loan may be transferred, sold, or assigned to some other person or entity during the life of the loan.
The transferee servicer shall provide the notice of transfer to the borrower not more than 15 days after the effective date of the transfer.
Know your rights under the law You have a 60-day grace period after a transfer to a new servicer.
The servicing of your mortgage loan is being transferred, effective [Date]. This means that after this date, a new servicer will be collecting your mortgage loan payments from you. Nothing else about your mortgage loan will change.