RecitalsAssignment and Assumption Agreement • February 23rd, 2007 • RASC Series 2007-Ks1 Trust • Asset-backed securities
Trustee POOLING AND SERVICING AGREEMENT Dated as of January 1, 2007 Home Equity Mortgage Asset-Backed Pass-Through CertificatesPooling and Servicing Agreement • February 23rd, 2007 • RASC Series 2007-Ks1 Trust • Asset-backed securities • New York
This Pooling and Servicing Agreement, effective as of January 1, 2007, among RESIDENTIAL ASSET SECURITIES CORPORATION, as the depositor (together with its permitted successors and assigns, the "Depositor"), RESIDENTIAL FUNDING COMPANY, LLC, as master servicer (together with its permitted successors and assigns, the "Master Servicer"), and U.S. BANK NATIONAL ASSOCIATION, a banking association organized under the laws of the United States, as trustee and supplemental interest trust trustee (together with its permitted successors and assigns, the "Trustee" and the "Supplemental Interest Trust Trustee," respectively). PRELIMINARY STATEMENT: The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in sixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Admini
