A Phoenix Arizona Pooling and Servicing Agreement is a legal contract that outlines the terms and conditions governing the pooling and servicing of mortgage loans between Credit Suisse First Boston Mortgage Securities Corp., Washington Mutual Bank F.A., and Bank One. This agreement plays a crucial role in the securitization process by detailing the rights, responsibilities, and obligations of each party involved. The agreement usually consists of several key components, including the definitions section, parties involved, loan eligibility criteria, loan servicing requirements, cash flow provisions, and default provisions. It is essential to understand that there can be different types of Phoenix Arizona Pooling and Servicing Agreements between these entities, depending on various factors such as the specific mortgage loan portfolio being securitized or the intended investors in the securities being issued. Some potential types of Phoenix Arizona Pooling and Servicing Agreements may include: 1. Residential Mortgage-backed Security (RMBS) Pooling and Servicing Agreement: This type of agreement involves the pooling and servicing of a portfolio of residential mortgage loans originated by Washington Mutual Bank F.A. and Bank One. Credit Suisse First Boston Mortgage Securities Corp. acts as the trustee and oversees the securitization process, including the creation and issuance of RMBS securities. 2. Commercial Mortgage-backed Security (CMOS) Pooling and Servicing Agreement: In this scenario, the agreement focuses on the pooling and servicing of commercial mortgage loans, typically funded by Washington Mutual Bank F.A. and Bank One. Credit Suisse First Boston Mortgage Securities Corp. acts as the trustee, facilitating the securitization of these loans into CMOS securities that are often sold to institutional investors. 3. Whole Loan Pooling and Servicing Agreement: This type of agreement involves the pooling and servicing of both residential and commercial mortgage loans originated by Washington Mutual Bank F.A. and Bank One. The agreement dictates the responsibilities of each party, such as loan administration, collection, and distribution of cash flows. Within these agreements, several relevant keywords come into play. These may include "pooling and servicing agreement," "securitization," "mortgage loans," "residential mortgage-backed securities," "commercial mortgage-backed securities," "trustee," "loan servicing requirements," "cash flow provisions," and "default provisions." It is important to note that the specific terms and conditions within the Phoenix Arizona Pooling and Servicing Agreement may vary depending on the unique circumstances and requirements of each securitization transaction.