Pooling and Servicing Agreement

Pooling and Servicing Agreements: What CMBS Borrowers Need to Know

Pooling and Servicing Agreements: What CMBS Borrowers Need to Know

A pooling and servicing agreement (PSA), is a contract that is required when loans, including CMBS loans, are pooled together and packaged into mortgage backed securities. For CMBS loan borrowers, this means that they must abide by both the terms of the loan agreement, and by the terms of their loan’s pooling and servicing agreement.

CMBS Servicing: What Borrowers Need to Know

CMBS Servicing: What Borrowers Need to Know

A pooling and servicing agreement (PSA), is a contract that is required when loans, including CMBS loans, are pooled together and packaged into mortgage backed securities. For CMBS loan borrowers, this means that they must abide by both the terms of the loan agreement, and by the terms of their loan’s pooling and servicing agreement.