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Registrant By SECOND VICE PRESIDENT MASTER SERVICING MORTGAGE PASS-THROUGH CERTIFICATES 03/2002 DISTRIBUTION REPORT SERIES wamu 2002-s1 WEIGHTED AVERAGE PC RATE 6. WaMu Mortgage Pass-Through Certificates SERIES 2002-s1 Monthly Distribution Report for March 2002. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly autho...
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What is wamu mortgage pass through?
The WAMU Mortgage Pass-Through is a type of mortgage-backed security (MBS) created by pooling together individual mortgage loans and selling them to investors in the form of bonds. These bonds represent the right to receive a portion of the cash flows generated by the underlying mortgages.
Who is required to file wamu mortgage pass through?
The entity responsible for filing the WAMU Mortgage Pass-Through is typically the issuer or servicer of the mortgage-backed security. This is often a bank or financial institution that deals with mortgage loans.
How to fill out wamu mortgage pass through?
Filling out the WAMU Mortgage Pass-Through involves compiling information about the underlying mortgage loans, such as the principal balance, interest rate, and payment schedule. This information is then used to create the bond structure and determine the cash flows that will be distributed to investors.
What is the purpose of wamu mortgage pass through?
The purpose of the WAMU Mortgage Pass-Through is to provide a means for mortgage lenders to package and sell their loans to investors, generating liquidity and allowing them to make new loans. Investors, in turn, can earn interest on their investment through the cash flows generated by the underlying mortgages.
What information must be reported on wamu mortgage pass through?
The information that must be reported on the WAMU Mortgage Pass-Through includes details about the underlying mortgage loans, such as the loan balance, interest rate, and payment schedule. It may also include information about the bond structure, such as the coupon rate and maturity date.
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