Home  ::  Log In  ::  Search :: 
Classroom-Based Programs
Conferences and Workshops
Instructor-Guided Online Courses
Live Webinars

Designations and Certificates
Magazine and Newsletter Subscriptions
Market and Research Data
Publications and Guides
Self-Study Web-Based Courses
Webinar Recordings and Packages

CC_S_203.2 CMF Pooling and Servicing Agreements
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011222-WC-W
Delivery Options: Standard, Overnight, International

Description of Product

This is a commercial/multifamily course.

Pooling and servicing agreements (PSAs) govern commercial mortgage-backed securities (CMBS) pools of loans and are unique to each deal. The PSA sets forth specific servicing requirements of key loans comprising the deal, consistent with accepted standard servicing practices or requirements. The favorable tax status granted to securitized pools makes it critical that servicers not do anything to impact this tax status and potentially negatively impact the certificate holders or investors to the deal.

CMF Pooling and Servicing Agreements explores basic concepts of PSAs, including the processes and requirements defined by these agreements. First, it covers the basic contents and structure of most PSAs as well as legal issues and considerations associated with PSAs. Next, it discusses important elements of the PSA and the responsibilities of the servicer, specific to the servicing requirements identified in the provisions. It then explores the common servicer approval requirements dictated by PSA and REMIC provisions pertaining to borrower requests. Finally, the course covers the role of the subservicing agreement for CMBS loans.


  • Basics of Commercial/Multifamily Pooling and Servicing Agreements
  • Important Elements of the PSA
  • Approval Process Requirements
  • Subservicing Agreements

    Seat time: 60 minutes

    Copyright 2018.

    Product Category:
    Self-Study Web-Based Courses 
    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course. 
    Contact Info:

    For registration information, call (800) 793-6222 or email education@mba.org.

    Contact E-mail:
    CC_S_203.2 CMF Pooling and Servicing Agreements 
    You may also be interested in these products...
    CC_S_203.1 CMF Servicing Agreement Fundamentals
    CC_S_203.3 CMF Agency Servicing Agreements
    CC_S_203.4 CMF Portfolio Servicing Agreements

       Terms of Use & Privacy Statement

    Copyright © 2019 Mortgage Bankers Association.  All rights reserved.