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DEPOSIT ACCOUNT CONTROL AGREEMENT (For Securitization Transactions) version 1 dated June19, 2008 available from the American Bar Associations Business Law Section at http://www.abanet.org/dch/committee.cfm?comCL7100601
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Securitization transactions involve the pooling of various types of debt obligations into a single security.
Entities that engage in securitization transactions are required to file with the appropriate regulatory authorities.
To fill out securitization transactions, entities must provide detailed information about the underlying assets, structure of the transaction, and risk factors involved.
The purpose of securitization transactions is to transfer risk from the originator of the assets to investors.
Information such as asset performance, cash flows, and credit enhancements must be reported on securitization transactions.
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