PRINCIPAL % OF REMAINING RANGE OF NUMBER OF BALANCE PRINCIPAL TERM TO DEBT-TO- MORTGAGE PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO OLTV(%)...Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2004-Whq2 • January 13th, 2005 • Asset-backed securities
The mortgage loans delivered to the Trust Fund on the Closing Date (the "Initial Mortgage Loans") and the mortgage loans delivered to the Trust Fund on the Subsequent Transfer Date (the "Subsequent Mortgage Loans" and together with the Initial Mortgage Loans, the Mortgage Loans" will consist of conventional, one-to four- family, adjustable-rate and fixed-rate mortgage loans. The Depositor purchased the Initial Mortgage Loans from the Seller pursuant to the Mortgage Loan Purchase Agreement, dated November 24, 2004 (the " Mortgage Loan Purchase Agreement"), between the Seller and the Depositor. Pursuant to the Pooling and Servicing Agreement, to be dated as of the Cut-off Date (the "Pooling and Servicing Agreement"), among the Depositor, the Master Servicer, the Trustee, the Depositor will cause the Initial Mortgage Loans to be assigned to the Trustee for the benefit of the certificateholders.
DepositorPooling and Servicing Agreement • December 16th, 2004 • Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2004-Whq2 • Asset-backed securities • New York
EXHIBIT 99.1Pooling and Servicing Agreement • January 13th, 2005 • Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2004-Whq2 • Asset-backed securities • New York
