HSBC HOME EQUITY LOAN CORPORATION II, as Depositor, HSBC FINANCE CORPORATION, as Servicer, HSBC BANK USA, NATIONAL ASSOCIATION, as Administrator, and U.S. BANK NATIONAL ASSOCIATION, as Trustee POOLING AND SERVICING AGREEMENT Dated as of October 26,...Pooling and Servicing Agreement • November 8th, 2006 • HSBC Home Equity Loan Trust (USA) 2006-3 • Asset-backed securities • New York
This Pooling and Servicing Agreement, dated as of October 26, 2006, among HSBC HOME EQUITY LOAN CORPORATION II, as Depositor, HSBC FINANCE CORPORATION, as Servicer, HSBC BANK USA, NATIONAL ASSOCIATION, as Administrator, and U.S. BANK NATIONAL ASSOCIATION, as Trustee,
HSBC HOME EQUITY LOAN TRUST (USA) 2006-3 HSBC HOME EQUITY LOAN CORPORATION II (Depositor) HSBC FINANCE CORPORATION (Servicer) Closed-End Home Equity Loan Asset-Backed Certificates, Series 2006-3 UNDERWRITING AGREEMENTHSBC Home Equity Loan Trust • November 8th, 2006 • HSBC Home Equity Loan Trust (USA) 2006-3 • Asset-backed securities • New York
HSBC Home Equity Loan Corporation II, a Delaware corporation (the “Depositor”), will enter into a Pooling and Servicing Agreement (the “Pooling and Servicing Agreement”) with HSBC Finance Corporation (“HSBC Finance”), as servicer, HSBC Bank USA, National Association, as administrator (the “Administrator”), and U.S. Bank National Association, as trustee (the “Trustee”), creating HSBC Home Equity Loan Trust (USA) 2006-3 (the “Trust”), and pursuant to which the Trust will issue Closed End Home Equity Loan Asset-Backed Certificates Series 2006-3, in the classes and principal amounts specified in the Terms Agreement (defined below) (the “Offered Certificates”) and the Closed-End Home Equity Loan Asset-Backed Certificates Series 2006-3, Class R (the “Residual Certificate” and, together with the Offered Certificates, the “Securities”).
