Common use of Distribution Date Report Clause in Contracts

Distribution Date Report. (a) On each Distribution Date, the Securities Administrator shall make available to the other parties hereto a report containing information with respect to such Distribution Date (each, a "Distribution Date Report"), including the following items (on the basis of information provided with respect to the Mortgage Loans by the Servicers): (i) the Interest Distribution Amount and Interest Carry Forward Amount for each Class of Certificates; (ii) the Pass-Through Rate with respect to each Class of Certificates, if applicable, and the Group I and Group II Net Rate Cap and Group II Adjusted Rate Cap; (iii) the Group I and Group II Interest Remittance Amount, the Group I and Group II Principal Remittance Amount, Group I and Group II Principal Distribution Amount, Group I and Group II Overcollateralization Amount, Group 1 and Group II Overcollateralization Deficiency Amount, Group I and Group II Target Overcollateralization Amount, Group II Allocated Net Deferred Interest and Group II Net Deferred Interest; (iv) the Certificate Principal Balance of each Class of Certificates, to the extent applicable, as of such Distribution Date after giving effect to payments allocated to principal reported under subclause (iii) above and the Notional Amount of each Class of Class C Certificates as of such Distribution Date; 107 (v) the amount of negative amortization on the Group II Mortgage Loans; (vi) for each Class of Certificates, amounts distributed on such Distribution Date in respect of the Basis Risk Shortfall Carryover Amounts; (vii) the amount of any Realized Losses incurred with respect to the Mortgage Loans (x) in the applicable Prepayment Period and (y) in the aggregate since the Cut-off Date; (viii) the amount of Realized Losses allocated to each Class of Certificates on such Distribution Date and the aggregate amount of Realized Losses allocated to each Class of Certificates since the Closing Date; (ix) the amount of the Servicing Fees, Master Servicing Fees and LPMI Policy fees paid during the Due Period to which such Distribution Date relates; (x) the Substitution Adjustment Amounts paid during the related Prepayment Period; (xi) the Non-Mortgagor Prepayment Premium Payment Amounts paid during the related Prepayment Period; (xii) the Group I and Group II Net Rate Cap, the Cumulative Realized Loss Percentage, the Delinquency Rate and the Rolling Three Month Delinquency Rate for each Mortgage Loan Group in each case for such Distribution Date, the related Due Period or the related Prepayment Period, as applicable; (xiii) the number and aggregate outstanding balance of the Mortgage Loans, as reported to the Master Servicer and the Securities Administrator by the Servicers: (A) remaining outstanding, (B) that are Delinquent 30 to 59 days as of the last of the related Due Period, (C) that are Delinquent 60 to 89 days as of the last of the related Due Period, (D) that are Delinquent 90 or more days as of the last of the related Due Period, (E) as to which foreclosure proceedings have been commenced during the related Prepayment Period and since the Closing Date, (F) as to which the related Mortgagor has filed for bankruptcy after the Closing Date, and 108 (G) that are REO Properties as of the last of the related Prepayment Period; For purposes hereof, Delinquency shall be determined in accordance with the Mortgage Bankers Association determination. (xiv) the aggregate Stated Principal Balance of any Mortgage Loans with respect to which the related Mortgaged Property became an REO Property as of the close of business on the last Business Day of the calendar month immediately preceding the month in which such Distribution Date occurs; (xv) with respect to substitution of Mortgage Loans in the preceding calendar month, the Stated Principal Balance of each Deleted Mortgage Loan and of each Qualified Substitute Mortgage Loan; (xvi) the aggregate amount of any Monthly Advances made by or on behalf of each Servicer (or the Master Servicer) solely to the extent reported to the Securities Administrator by the Master Servicer; and (xvii) LIBOR with respect to such Distribution Date. (b) The Securities Administrator will make such report and additional loan level information (and, at its option, any additional files containing the same information in an alternative format) available each month via the Securities Administrator's website. The Securities Administrator's website can be accessed at https:/xxx.xxxxxxx.xxx. Assistance in using the website can be obtained by calling the Securities Administrator's customer service desk at 000-000-0000. Such parties that are unable to use the website are entitled to have a paper copy mailed to them via first class mail by notifying the Securities Administrator at the address set forth herein, and indicating such. The Securities Administrator shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or more accessible to the above parties and the Securities Administrator shall provide timely and adequate notification to all above parties regarding any such changes. (c) The foregoing information and reports shall be prepared and determined by the Securities Administrator based solely on Mortgage Loan data provided to the Master Servicer and the Securities Administrator by the Servicers pursuant to the applicable Servicing Agreement. In preparing or furnishing the foregoing information, the Securities Administrator shall be entitled to rely conclusively on the accuracy of the information or data regarding the Mortgage Loans and the related REO Property that have been provided to the Master Servicer and the Securities Administrator by the Servicer, and neither the Securities Administrator nor the Master Servicer shall be obligated to verify, recompute, reconcile or recalculate any such information or data. (d) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall furnish upon request to each Person who at any time during the calendar year was a Certificateholder, the information set forth in clause (a)(iv) of this Section 4.06 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been 109 satisfied to the extent that substantially comparable information shall be provided by the Trustee or the Securities Administrator pursuant to any requirements of the Code as from time to time in effect.

Distribution Date Report. (a) On each Distribution Date, the Securities Administrator shall make available to the other parties hereto a report containing information with respect to such Distribution Date (each, a "“Distribution Date Report"”), including the following items (on the basis of information provided with respect to the Mortgage Loans by on the ServicersServicer Report): (i) the Interest Distribution Amount and Interest Carry Forward Amount for each Class of CertificatesProceeds; (ii) the Pass-Through Rate with respect Principal Proceeds, including Liquidation Proceeds and Insurance Proceeds, stating separately the amount attributable to each Class Scheduled Monthly Payments of Certificates, if applicable, principal and unscheduled payments in the Group I and Group II Net Rate Cap and Group II Adjusted Rate Capnature of principal; (iii) the Group I and Group II Interest Remittance Amount, the Group I and Group II Principal Remittance Amount, Group I and Group II Principal Distribution Amount, Group I and Group II Overcollateralization Amount, Group 1 and Group II Overcollateralization Deficiency Amount, Group I and Group II Target Overcollateralization Amount, Group II Allocated Net Deferred Interest and Group II Net Deferred Interestamount of principal distributed on each Class of Certificates; (iv) the Certificate Principal Balance of each Class class of Certificates, to the extent applicable, as of such Distribution Date after giving effect to payments allocated to principal reported under subclause (iii) above and the Notional Amount of each Class of Class C Certificates as of such Distribution Date; 107above; (v) the amount Pass-Through Rate, if applicable, for each Class of negative amortization on the Group II Mortgage LoansCertificates for such Distribution Date; (vi) for each Class of Certificates, amounts the Net WAC Cap Carryover Amounts distributed on such Distribution Date, the amounts remaining unpaid after giving effect to distributions thereof on such Distribution Date in respect and the amounts of all Net WAC Carryover Amounts covered by withdrawals from the Basis Risk Shortfall Carryover AmountsReserve Account on such Distribution; (vii) the amount of any Realized Losses incurred with respect to the Mortgage Loans (x) in the applicable Prepayment Period and (y) in the aggregate since the Cut-off Date; (viii) the amount of Realized Losses allocated to each Class of Certificates on such Distribution Date and the aggregate amount of Realized Losses allocated to each Class of Certificates since the Closing Date; (ix) the amount of the Servicing Fees, Fees and Master Servicing Fees and LPMI Policy fees paid during the Due Period to which such Distribution Date relates; (x) the Substitution Adjustment Amounts paid during the related Prepayment Period; (xi) the Non-Mortgagor Prepayment Premium Payment Amounts paid during the related Prepayment Period; (xii) the Group I and Group II Net Rate Cap, the Cumulative Realized Loss Percentage, the Delinquency Rate and the Rolling Three Month Delinquency Rate for each Mortgage Loan Group in each case for such Distribution Date, the related Due Period or the related Prepayment Period, as applicable; (xiiiix) the number and aggregate outstanding balance Scheduled Principal Balance of the Mortgage Loans, as reported to the Master Servicer and the Securities Administrator by the ServicersServicer: (A) remaining outstanding, (B) that are Delinquent delinquent 30 to 59 days as of the last of the related Due Periodon a contractual basis, (C) that are Delinquent delinquent 60 to 89 days as of the last of the related Due Periodon a contractual basis, (D) that are Delinquent delinquent 90 or more days as of the last of the related Due Period, on a contractual basis, (E) as to which foreclosure proceedings have been commenced during the related Prepayment Period and since the Closing Date, (F) as to which the related Mortgagor has filed for bankruptcy after the Closing Date, and 108 (G) that are REO Properties as of the last of the related Prepayment Period; For purposes hereof, Delinquency shall be determined in accordance with the Mortgage Bankers Association determination. (xiv) the aggregate Stated Principal Balance of any Mortgage Loans with respect to which the related Mortgaged Property became an REO Property as of the close of business on the last Business Day of the calendar month immediately preceding the month in which such Distribution Date occurs; (xv) with respect to substitution of Mortgage Loans in the preceding calendar month, the Stated Principal Balance of each Deleted Mortgage Loan and of each Qualified Substitute Mortgage Loan; (xvi) the aggregate amount of any Monthly Advances made by or on behalf of each Servicer (or the Master Servicer) solely to the extent reported to the Securities Administrator by the Master Servicer; and (xvii) LIBOR with respect to such Distribution Date. (b) The Securities Administrator will make such report and additional loan level information (and, at its option, any additional files containing the same information in an alternative format) available each month via the Securities Administrator's website. The Securities Administrator's website can be accessed at https:/xxx.xxxxxxx.xxx. Assistance in using the website can be obtained by calling the Securities Administrator's customer service desk at 000-000-0000. Such parties that are unable to use the website are entitled to have a paper copy mailed to them via first class mail by notifying the Securities Administrator at the address set forth herein, and indicating such. The Securities Administrator shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or more accessible to the above parties and the Securities Administrator shall provide timely and adequate notification to all above parties regarding any such changes. (c) The foregoing information and reports shall be prepared and determined by the Securities Administrator based solely on Mortgage Loan data provided to the Master Servicer and the Securities Administrator by the Servicers pursuant to the applicable Servicing Agreement. In preparing or furnishing the foregoing information, the Securities Administrator shall be entitled to rely conclusively on the accuracy of the information or data regarding the Mortgage Loans and the related REO Property that have been provided to the Master Servicer and the Securities Administrator by the Servicer, and neither the Securities Administrator nor the Master Servicer shall be obligated to verify, recompute, reconcile or recalculate any such information or data. (d) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall furnish upon request to each Person who at any time during the calendar year was a Certificateholder, the information set forth in clause (a)(iv) of this Section 4.06 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been 109 satisfied to the extent that substantially comparable information shall be provided by the Trustee or the Securities Administrator pursuant to any requirements of the Code as from time to time in effect.,

Distribution Date Report. (a) On each Distribution Date, the Securities Administrator shall make available to the other parties hereto a report containing information with respect to such Distribution Date (each, a "Distribution Date Report"), including the following items (on the basis of information provided with respect to the Mortgage Loans by the Servicers): (i) interest received on the Mortgage Loans; (ii) the Accrued Certificate Interest Distribution Amount and the Adjusted Accrued Certificate Interest Carry Forward Amount for each Class of Certificates; (iiiii) the Pass-Through Rate with respect Principal Remittance Amount, including Liquidation Proceeds and Insurance Proceeds, stating separately the amount attributable to Scheduled Monthly Payments of principal and unscheduled payments in the nature of principal, Principal Distribution Amount and Basic Principal Distribution Amount; (iv) the amount of principal and interest distributed on each Class of Certificates, if applicable, and the Group I and Group II Net Rate Cap and Group II Adjusted Rate Cap; (iii) the Group I and Group II Interest Remittance Amount, the Group I and Group II Principal Remittance Amount, Group I and Group II Principal Distribution Amount, Group I and Group II Overcollateralization Amount, Group 1 and Group II Overcollateralization Deficiency Amount, Group I and Group II Target Overcollateralization Amount, Group II Allocated Net Deferred Interest and Group II Net Deferred Interest; (ivv) the Certificate Principal Balance of each Class of Certificates, to the extent applicable, as of such Distribution Date after giving effect to payments allocated to principal reported under subclause (iii) above and the Notional Amount of each Class of the Class C Certificates as of such Distribution Date; 107 (v) the amount of negative amortization on the Group II Mortgage Loans; (vi) the Pass-Through Rate, if applicable, for each Class of Certificates for such Distribution Date; (vii) for each Class of Certificates, amounts distributed on such Distribution Date in respect of the Basis Risk Shortfall Net WAC Cap Carryover AmountsAmounts and Negative Amortization Carryover Amounts for such Class, the Net WAC Cap Carryover Amounts and Negative Amortization Carryover Amounts for such Class remaining unpaid after giving effect to distributions thereof on such Distribution Date and the amounts of all Net WAC Carryover Amounts covered by withdrawals from the Reserve Account on such Distribution; (viiviii) the amount of any Realized Losses incurred with respect to the Mortgage Loans (x) in the applicable Prepayment Period and (y) in the aggregate since the Cut-off Date; (viiiix) the amount of Realized Losses allocated to each Class of Certificates on such Distribution Date and the aggregate amount of Realized Losses allocated to each Class of Certificates since the Closing Date; (ixx) the amount of the Servicing Fees, Fees and Master Servicing Fees and LPMI Policy fees paid during the Due Period to which such Distribution Date relates; (xxi) the Substitution Adjustment Amounts paid during the related Prepayment Period; (xixii) the Non-Mortgagor Prepayment Premium Payment Amounts paid during the related Prepayment Period; (xiixiii) the Group I and Group II Additional Negative Amortization Amount, the Additional Negative Amortization Amount Carryover Amount, the Adjusted Accrued Certificate Interest, the Adjusted Net Rate CapWAC Rate, the Cumulative Realized Loss Percentage, the Class C Distributable Amount, the aggregate Deferred Interest, the Delinquency Rate and Rate, the Excess Cash Flow, the Interest Distribution Amount, the Interest Remittance Amount, the Overcollateralization Amount, the Overcollateralization Deficiency Amount (if any), the Rolling Three Month Delinquency Rate for each Mortgage Loan Group Rate, the Senior Principal Distribution Amount and the Target Overcollateralization Amount, in each case for such Distribution Date, the related Due Period or the related Prepayment Period, as applicable; (xiiixiv) the number and aggregate outstanding balance Stated Principal Balance of the Mortgage Loans, as reported to the Master Servicer and the Securities Administrator by the Servicers: (A) remaining outstanding, (B) that are Delinquent 30 to 59 days as of the last of the related Due Period, (C) that are Delinquent 60 to 89 days as of the last of the related Due Period, (D) that are Delinquent 90 or more days as of the last of the related Due Period, (E) as to which foreclosure proceedings have been commenced during the related Prepayment Period and since the Closing Date, (F) as to which the related Mortgagor has filed for bankruptcy after the Closing Date, and 108and (G) that are REO Properties as of the last of the related Prepayment Period; For purposes hereof, Delinquency shall be determined in accordance with the Mortgage Bankers Association determination.; (xivxv) the aggregate Stated Principal Balance of any Mortgage Loans with respect to which the related Mortgaged Property became an REO Property as of the close of business on the last Business Day of the calendar month immediately preceding the month in which such Distribution Date occurs; (xvxvi) with respect to substitution of Mortgage Loans in the preceding calendar month, the Stated Principal Balance of each Deleted Mortgage Loan and of each Qualified Substitute Mortgage Loan; (xvixvii) the aggregate amount of any Monthly Advances made by or on behalf of each Servicer (or the Master Servicer) solely to the extent reported to the Securities Administrator by the Master Servicer; and (xviixviii) LIBOR with respect to such Distribution Date. (b) The Securities Administrator will make such report and additional loan level information (and, at its option, any additional files containing the same information in an alternative format) available each month via the Securities Administrator's website. The Securities Administrator's website can be accessed at https:/xxx.xxxxxxx.xxx. Assistance in using the website can be obtained by calling the Securities Administrator's customer service desk at 000-000-0000. Such parties that are unable to use the website are entitled to have a paper copy mailed to them via first class mail by notifying the Securities Administrator at the address set forth herein, and indicating such. The Securities Administrator shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or more accessible to the above parties and the Securities Administrator shall provide timely and adequate notification to all above parties regarding any such changes. (c) The foregoing information and reports shall be prepared and determined by the Securities Administrator based solely on Mortgage Loan data provided to the Master Servicer and the Securities Administrator by the Servicers pursuant to the applicable Servicing Agreement. In preparing or furnishing the foregoing information, the Securities Administrator shall be entitled to rely conclusively on the accuracy of the information or data regarding the Mortgage Loans and the related REO Property that have been provided to the Master Servicer and the Securities Administrator by the Servicer, and neither the Securities Administrator nor the Master Servicer shall be obligated to verify, recompute, reconcile or recalculate any such information or data. (d) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall furnish upon request to each Person who at any time during the calendar year was a Certificateholder, the information set forth in clause (a)(iv) of this Section 4.06 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been 109 satisfied to the extent that substantially comparable information shall be provided by the Trustee or the Securities Administrator pursuant to any requirements of the Code as from time to time in effect.

Distribution Date Report. (a) On each Distribution Date, the Securities Administrator shall make available to the other parties hereto a report containing information with respect to such Distribution Date (each, a "Distribution Date ReportDISTRIBUTION DATE REPORT"), including the following items (on the basis of information provided with respect to the Mortgage Loans by on the ServicersServicer Report): (i) the Interest Distribution Amount and Interest Carry Forward Amount for each Class of CertificatesProceeds; (ii) the Pass-Through Rate with respect Principal Proceeds, including Liquidation Proceeds and Insurance Proceeds, stating separately the amount attributable to each Class Scheduled Monthly Payments of Certificates, if applicable, principal and unscheduled payments in the Group I and Group II Net Rate Cap and Group II Adjusted Rate Capnature of principal; (iii) the Group I and Group II Interest Remittance Amount, the Group I and Group II Principal Remittance Amount, Group I and Group II Principal Distribution Amount, Group I and Group II Overcollateralization Amount, Group 1 and Group II Overcollateralization Deficiency Amount, Group I and Group II Target Overcollateralization Amount, Group II Allocated Net Deferred Interest and Group II Net Deferred Interestamount of principal distributed on each Class of Certificates; (iv) the Certificate Principal Balance of each Class class of Certificates, to the extent applicable, as of such Distribution Date after giving effect to payments allocated to principal reported under subclause (iii) above and the Notional Amount of each Class of Class C Certificates as of such Distribution Date; 107above; (v) the amount Pass-Through Rate, if applicable, for each Class of negative amortization on the Group II Mortgage LoansCertificates for such Distribution Date; (vi) for each Class of Certificates, amounts the Net WAC Cap Carryover Amounts distributed on such Distribution Date, the amounts remaining unpaid after giving effect to distributions thereof on such Distribution Date in respect and the amounts of all Net WAC Carryover Amounts covered by withdrawals from the Basis Risk Shortfall Carryover AmountsReserve Account on such Distribution; (vii) the amount of any Realized Losses incurred with respect to the Mortgage Loans (x) in the applicable Prepayment Period and (y) in the aggregate since the Cut-off Date; (viii) the amount of Realized Losses allocated to each Class of Certificates on such Distribution Date and the aggregate amount of Realized Losses allocated to each Class of Certificates since the Closing Date; (ix) the amount of the Servicing Fees, Fees and Master Servicing Fees and LPMI Policy fees paid during the Due Period to which such Distribution Date relates; (x) the Substitution Adjustment Amounts paid during the related Prepayment Period; (xi) the Non-Mortgagor Prepayment Premium Payment Amounts paid during the related Prepayment Period; (xii) the Group I and Group II Net Rate Cap, the Cumulative Realized Loss Percentage, the Delinquency Rate and the Rolling Three Month Delinquency Rate for each Mortgage Loan Group in each case for such Distribution Date, the related Due Period or the related Prepayment Period, as applicable; (xiiiix) the number and aggregate outstanding balance Scheduled Principal Balance of the Mortgage Loans, as reported to the Master Servicer and the Securities Administrator by the ServicersServicer: (A) remaining outstanding, (B) that are Delinquent delinquent 30 to 59 days as of the last of the related Due Periodon a contractual basis, (C) that are Delinquent delinquent 60 to 89 days as of the last of the related Due Periodon a contractual basis, (D) that are Delinquent delinquent 90 or more days as of the last of the related Due Periodon a contractual basis, (E) as to which foreclosure proceedings have been commenced during as of the related Prepayment Period and since close of business on the Closing Datelast Business Day of the calendar month immediately preceding the month in which such Distribution Date occurs, (F) as to which the related Mortgagor has filed for bankruptcy after the Closing Datein bankruptcy, and 108and (G) that are REO Properties as of the last of the related Prepayment Period; For purposes hereof, Delinquency shall be determined in accordance with the Mortgage Bankers Association determination.Properties; (xivx) the aggregate Stated Scheduled Principal Balance of any Mortgage Loans with respect to which the related Mortgaged Property became an REO Property as of the close of business on the last Business Day of the calendar month immediately preceding the month in which such Distribution Date occurs; (xvxi) with respect to substitution of Mortgage Loans in the preceding calendar month, the Stated Scheduled Principal Balance of each Deleted Mortgage Loan and of each Qualified Substitute Mortgage Loan; (xvixii) the aggregate amount of any Monthly Advances made by or on behalf of each the Servicer (or the Master Servicer) solely to the extent reported to the Securities Administrator by the Master Servicer; and (xviixiii) LIBOR with respect to such Distribution DateDate and the following Interest Accrual Period. (b) The Securities Administrator will make such report and additional loan level information (and, at its option, any additional files containing the same information in an alternative format) available each month to the Rating Agencies, the Trustee, the Certificateholders, the Depositor and the Cap Provider via the Securities Administrator's website. The Securities Administrator's website can be accessed at https:/xxx.xxxxxxx.xxx_________. Assistance in using the website can be obtained by calling the Securities Administrator's customer service desk at 000-000-0000__________. Such parties that are unable to use the website are entitled to have a paper copy mailed to them via first class mail by notifying the Securities Administrator at the address set forth herein, and indicating such. The Securities Administrator shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or more accessible to the above parties and the Securities Administrator shall provide timely and adequate notification to all above parties regarding any such changes. (c) The foregoing information and reports shall be prepared and determined by the Securities Administrator based solely on Mortgage Loan data provided to the Master Servicer and the Securities Administrator by the Servicers Servicer pursuant to the applicable Servicing AgreementSection 4.16. In preparing or furnishing the foregoing information, the Securities Administrator shall be entitled to rely conclusively on the accuracy of the information or data regarding the Mortgage Loans and the related REO Property that have been provided to the Master Servicer and the Securities Administrator by the Servicer, and neither the Securities Administrator nor the Master Servicer shall be obligated to verify, recompute, reconcile or recalculate any such information or data. (d) Within Upon the reasonable advance written request of any Certificateholder that is a reasonable period of time after savings and loan, bank or insurance company, which request, if received by the end of each calendar yearTrustee shall be forwarded promptly to the Securities Administrator, the Securities Administrator shall furnish upon request provide, or cause to each Person who at any time during be provided (or, to the calendar year was a Certificateholderextent that such information or documentation is not required to be provided by the Servicer, shall use reasonable efforts to obtain such information and documentation from the Servicer, and provide), to such Certificateholder such reports and access to information set forth and documentation regarding the Mortgage Loans as such Certificateholder may reasonably deem necessary to comply with applicable regulations of the Office of Thrift Supervision or its successor or other regulatory authorities with respect to an investment in clause (a)(iv) of this Section 4.06 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Certificate; provided, however, that the Securities Administrator shall be deemed entitled to have been 109 satisfied to the extent that substantially comparable information shall be provided reimbursed by the Trustee or the Securities Administrator pursuant to any requirements of the Code as from time to time such Certificateholder for actual expenses incurred in effectproviding such reports and access.

Distribution Date Report. (a) On each Distribution Date, the Securities Administrator shall make available to the other parties hereto a report containing information with respect to such Distribution Date (each, a "Distribution Date Report"), including the following items (on the basis of information provided with respect to the Mortgage Loans by the Servicers): (i) the Interest Distribution Amount and Interest Carry Forward Amount for each Class of Certificates; (ii) the Pass-Through Rate with respect to each Class of Certificates, if applicable, and the Group I and Group II Net Rate Cap and Group II Adjusted Rate Cap; (iii) the Group I and Group II Interest Remittance Amount, the Group I and Group II Principal Remittance Amount, Group I and Group II Principal Distribution Amount, Group I and Group II Overcollateralization Amount, Group 1 and Group II Overcollateralization Deficiency Amount, Group I and Group II Target Overcollateralization Amount, Group II Allocated Net Deferred Interest and Group II Net Deferred Interest; (iv) the Certificate Principal Balance of each Class of Certificates, to the extent applicable, as of such Distribution Date after giving effect to payments allocated to principal reported under subclause (iii) above and the Notional Amount of each Class of Class C Certificates as of such Distribution Date; 107; (v) the amount of negative amortization on the Group II Mortgage Loans; (vi) for each Class of Certificates, amounts distributed on such Distribution Date in respect of the Basis Risk Shortfall Carryover Amounts; (vii) the amount of any Realized Losses incurred with respect to the Mortgage Loans (x) in the applicable Prepayment Period and (y) in the aggregate since the Cut-off Date; (viii) the amount of Realized Losses allocated to each Class of Certificates on such Distribution Date and the aggregate amount of Realized Losses allocated to each Class of Certificates since the Closing Date; (ix) the amount of the Servicing Fees, Master Servicing Fees and LPMI Policy fees paid during the Due Period to which such Distribution Date relates; (x) the Substitution Adjustment Amounts paid during the related Prepayment Period; (xi) the Non-Mortgagor Prepayment Premium Payment Amounts paid during the related Prepayment Period; (xii) the Group I and Group II Net Rate Cap, the Cumulative Realized Loss Percentage, the Delinquency Rate and the Rolling Three Month Delinquency Rate for each Mortgage Loan Group in each case for such Distribution Date, the related Due Period or the related Prepayment Period, as applicable; (xiii) the number and aggregate outstanding balance of the Mortgage Loans, as reported to the Master Servicer and the Securities Administrator by the Servicers: (A) remaining outstanding, (B) that are Delinquent 30 to 59 days as of the last of the related Due Period, (C) that are Delinquent 60 to 89 days as of the last of the related Due Period, (D) that are Delinquent 90 or more days as of the last of the related Due Period, (E) as to which foreclosure proceedings have been commenced during the related Prepayment Period and since the Closing Date, (F) as to which the related Mortgagor has filed for bankruptcy after the Closing Date, and 108and (G) that are REO Properties as of the last of the related Prepayment Period; For purposes hereof, Delinquency shall be determined in accordance with the Mortgage Bankers Association determination. (xiv) the aggregate Stated Principal Balance of any Mortgage Loans with respect to which the related Mortgaged Property became an REO Property 104 as of the close of business on the last Business Day of the calendar month immediately preceding the month in which such Distribution Date occurs; (xv) with respect to substitution of Mortgage Loans in the preceding calendar month, the Stated Principal Balance of each Deleted Mortgage Loan and of each Qualified Substitute Mortgage Loan; (xvi) the aggregate amount of any Monthly Advances made by or on behalf of each Servicer (or the Master Servicer) solely to the extent reported to the Securities Administrator by the Master Servicer; and (xvii) LIBOR with respect to such Distribution Date. (b) The Securities Administrator will make such report and additional loan level information (and, at its option, any additional files containing the same information in an alternative format) available each month via the Securities Administrator's website. The Securities Administrator's website can be accessed at https:/xxx.xxxxxxx.xxxhttps:/www.ctslink.com. Assistance in using the website can be obtained by calling the Securities xxxxxxx xxx Xxxurities Administrator's customer service desk at 000301-000815-00006600. Such parties that are unable to use the website are entitled to xxxxxxxx xx have a paper copy mailed to them via first class mail by notifying the Securities Administrator at the address set forth herein, and indicating such. The Securities Administrator shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or more accessible to the above parties and the Securities Administrator shall provide timely and adequate notification to all above parties regarding any such changes. (c) The foregoing information and reports shall be prepared and determined by the Securities Administrator based solely on Mortgage Loan data provided to the Master Servicer and the Securities Administrator by the Servicers pursuant to the applicable Servicing Agreement. In preparing or furnishing the foregoing information, the Securities Administrator shall be entitled to rely conclusively on the accuracy of the information or data regarding the Mortgage Loans and the related REO Property that have been provided to the Master Servicer and the Securities Administrator by the Servicer, and neither the Securities Administrator nor the Master Servicer shall be obligated to verify, recompute, reconcile or recalculate any such information or data. (d) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall furnish upon request to each Person who at any time during the calendar year was a Certificateholder, the information set forth in clause (a)(iv) of this Section 4.06 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been 109 satisfied to the extent that substantially comparable information shall be provided by the Trustee or the Securities Administrator pursuant to any requirements of the Code as from time to time in effect.. 105