Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of: (i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution; (iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest; (iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date; (v) the Pool Stated Principal Balance for the following Distribution Date; (vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date; (vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date; (viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date; (ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date; (x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date; (xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date; (xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and (B) delinquent 60 days or more on each of the Due Dates in each such month; (xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof; (xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date; (xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date; (xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date; (xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and (xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree. (b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V. (c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar9), Pooling and Servicing Agreement (IndyMac MBS, Inc. INDA Mortgage Loan Trust 2005-Ar2), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar17)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar21), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar35), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar1)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (IndyMac RAST 2004-A5), Pooling and Servicing Agreement (Residential Asset Securitization Trust 2004-A1), Pooling and Servicing Agreement (Indymac MBS Inc)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such the following Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. .
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(bc) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.V hereto.
(cd) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust 2003-A6), Pooling and Servicing Agreement (Residential Asset Securitization Trust 2003-A5), Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Securit Trust 2003-A1)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar13), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar3), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar5)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (IndyMac MBS, Inc. Residential Asset Securitization Trust 2005-A3), Pooling and Servicing Agreement (IndyMac MBS, Inc. Residential Asset Securitization Trust 2005-A10), Pooling and Servicing Agreement (Residential Asset Securitization Trust 2005-A16)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and[reserved];
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date, by Loan Group and in the aggregate, and the cumulative amount of Deferred Interest on the Mortgage Loans through such Distribution Date;
(xx) the aggregate amount of Net Deferred Interest on the Mortgage Loans for the Distribution Date, by Loan Group and in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Net Deferred Interest on the Mortgage Loans allocated to each Class of Certificates through such Distribution Date; and
(xxi) the availability, timeliness and accuracy aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Indymac MBS Inc), Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar12), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar14)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr cause to eaxx Xxxxxxxxxxxxxxxxxbe forwarded by first class mail to each Certificateholder, xxx the Master Servicer and the Depositor a statement for setting forth with respect to the related distribution offor each Certificate Group:
(i) the amount of the distribution thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution thereof allocable to interest, any Class Unpaid Interest Amounts Shortfall included in the such distribution and any remaining Class Unpaid Interest Amounts Shortfall after giving effect to the such distribution;
(iii) if the distribution to the Holders of any such Class of Certificates is less than the full amount that would be distributable to them such Holders if there were sufficient funds were availableavailable therefor, the amount of the shortfall and the allocation of the shortfall thereof as between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates and any Transfer Balance after giving effect to the distribution of principal on the such Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date, the aggregate of the Stated Principal Balances of the Mortgage Loans in Loan Group 1 and the aggregate of the Stated Principal Balances of the Mortgage Loans in Loan Group 2;
(vi) each the Senior Percentage and each Subordinated Percentage for each Certificate Group for the following Distribution Date;
(vii) the amount of the Master Servicing Fees and Servicing Fees paid to or retained by the Master Servicer or Subservicer and the Servicers (with respect to the SubservicersServicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the such Distribution DateDate and related Loan Group;
(viii) the Pass-Through Rate for each such Class of Certificates as of the day before the preceding with respect to such Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the such Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the such Distribution Date;
(xix) the number and aggregate principal amounts of Mortgage Loans in each by Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, days (2) 31 to 60 days, days (3) 61 to 90 days, days and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, days (2) 31 to 60 days, days (3) 61 to 90 days, days and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the such Distribution Date;
(xiixi) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
and (B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiiixii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the such Mortgage Loan as of the close of business on the Determination Date preceding the such Distribution Date and the date of acquisition thereof;
(xivxiii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding such Distribution Date;
(xiv) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in for each Loan Certificate Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;; and
(xviixvi) the Special Hazard Loss Coverage Amount, the related Fraud Loss Coverage Amount and the related Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and.
(xviiib) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By The Trustee will send a copy of each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made statement provided pursuant to this Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree4.06 to each Rating Agency.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Servicer, MBIA and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2003 A10), Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2003-A7)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and[reserved];
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date, by Loan Group and in the aggregate, and the cumulative amount of Deferred Interest on the Mortgage Loans through such Distribution Date;
(xx) the aggregate amount of Net Deferred Interest on the Mortgage Loans for the Distribution Date, by Loan Group and in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Net Deferred Interest on the Mortgage Loans allocated to each Class of Certificates through such Distribution Date; and
(xxi) the availability, timeliness and accuracy aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar6), Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar4)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency, the Certificate Insurer and the NIM Insurer and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Certificateholders and the Depositor a statement for Certificate Insurer on the related distribution of:Trustee's website (http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the information contained in Exhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3) and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (CWHEQ Home Equity Loan Trust, Series 2006-S1), Pooling and Servicing Agreement (CWHEQ Home Equity Loan Trust, Series 2006-S2)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/ixxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Xxxter Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (IndyMac MBS, Inc. Residential Asset Securitization Trust 2004-A7), Pooling and Servicing Agreement (IndyMac MBS, Inc. Residential Asset Securitization Trust 2004-A7)
Monthly Statements to Certificateholders. (a) Not later than Prior to or concurrently with each distribution from the Certificate Account to the Certificateholders made on a Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer shall cause to be forwarded by mail to each Certificateholder and to the Depositor Trustee a statement for the related distribution ofsetting forth:
(i) the amount of such distribution representing principal on the distribution allocable to principalMortgage Loans, separately identifying the aggregate amount of any Principal Prepayments including therein, and Liquidation Proceeds included thereinthe portion of such distribution, if any, representing an Advance of principal;
(ii) the amount of such distribution representing interest on the distribution allocable to Mortgage Loans and the portion of such distribution, if any resenting an Advance of interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of servicing compensation received by the shortfall Servicers and the allocation of Master Servicer with respect to the shortfall between principal monthly period preceding the related Distribution Date and interest;such other customary information as the Master Servicer deems necessary or desirable to enable Certificateholders to prepare their tax returns.
(iv) the Class Certificate amount of Retained Yield and the Administrative Fee paid to the Depositor;
(v) the aggregate Principal Balance or Notional Amount of each Class the Mortgage Loans on the Due Date of Certificates the month of such distribution, after giving effect to payments on the distribution of principal Mortgage Loans due on the Due Date and distributed to Certificateholders on the Distribution Date;
(vvi) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Datebook value of any collateral acquired on behalf of Certificateholders through foreclosure or grant of deed in lieu of foreclosure or otherwise of any Mortgage Loan;
(vii) the amount number and aggregate Principal Balance of the Servicing Fees paid to or retained by the Master Servicer or Subservicer Mortgage Loans (with respect to the Subservicers, 1) more than 30 days delinquent; (2) more than 60 days delinquent and (3) in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding foreclosure as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of a date not earlier than the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviiiviii) the amount of coverage remaining under the Pool Insurance Policy, the Special Hazard Insurance Policy and the Mortgagor Bankruptcy Bond after giving effect to any amount with respect thereto distributed to Certificateholders on the second Distribution Date. In the case of information furnished pursuant to clauses (i) through (iv) above, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified amounts shall be expressed as a dollar amount per Single Certificate. Upon reasonable advance notice in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availabilitywriting, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to each Certificateholder that is a savings and loan association, bank or insurance company certain reports and access to information and documentation regarding the Trustee Mortgage Loans sufficient to permit such Certificateholders to comply with applicable regulations of the Federal Home Loan Bank Board or other regulatory authorities with respect to their investment in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date)Certificates; provided, however, that the Master Servicer shall deliver be entitled to be reimbursed by such Certificateholders for the Trustee (which delivery may be actual expenses incurred by electronic data transmission) a report the Master Servicer in substantially the form set forth as Schedule V.
(c) providing such reports and access. Within a reasonable period of time after the end of each calendar year, the Trustee Master Servicer shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ii) and through (a)(iiiv) of this Section 4.06 13.03 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee Master Servicer pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Reference Agreement (Goldman Sachs Asset Backed Securities Corp), Reference Agreement (Gs Mortgage Securities Corp)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, the Servicex xxx Master Servicer and the Depositor a statement xxx Xxxxxxxxx x xxxxxment for the related distribution of:
(i) the applicable Record Dates, Interest Accrual Periods and Determination Dates for calculating distributions for the Distribution Date;
(ii) the amount of funds received from the Servicer for the Distribution Date separately identifying amounts received in respect of the Mortgage Loans and the amount of Advances included in the distribution on the Distribution Date;
(iii) the Servicing Fee and the amounts of any additional servicing compensation received by the Servicer attributable to penalties, fees, Excess Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(iv) the Trustee Fee for the Distribution Date;
(v) the aggregate amount of expenses paid from amounts on deposit in the Distribution Account;
(vi) the aggregate amount on deposit in the Distribution Account, as of the beginning and end of the related Due Period;
(vii) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(iiviii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iiiix) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(ivx) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through the Distribution Date;
(xi) the Class Certificate Balance or Notional Amount of each Class of Certificates before and after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiixii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected with respect to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xixiii) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate and the aggregate Stated Principal Balance of the Mortgage Loans in each Loan Group and the Pool Stated Principal Balance as the first day of the related Due Period and the last day of the related Due Period;
(xiv) as of the last day of the related Due Period:
(A) the weighted average mortgage rate of the Mortgage Loans in each Loan Group and in the aggregate, and
(B) the weighted average remaining term to maturity of the Mortgage Loans in each Loan Group and in the aggregate;
(xv) the number and aggregate outstanding Stated Principal Balance of the Mortgage Loans in each Loan Group and in the aggregate as of the end of the preceding calendar month:
(A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days and and
(B) in foreclosure and delinquent (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days, in each case as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixvi) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates Date in each such month and
and (B) delinquent 60 sixty (60) days or more on each of the Due Dates Date in each such month;
(xiiixvii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereofDate;
(xivxviii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xvxix) the aggregate amount of Principal Prepayments received during the related Prepayment Period and the number of Mortgage Loans subject to such Principal Prepayments;
(xx) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Determination Date;
(xxi) the aggregate amount of Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Advances outstanding as of the close of business on the Determination Date;
(xxii) the aggregate amount of Servicing Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Servicing Advances outstanding as of the close of business on the Determination Date;
(xxiii) the aggregate number and outstanding Stated Principal Balance of Mortgage Loans in each Loan Group and in the aggregate repurchased during the related Due Period due to material breaches of representations and warranties regarding such Mortgage Loans;
(xxiv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such the Distribution Date;
(xvixxv) each Senior Percentage and Subordinated Percentage for the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xviixxvi) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date;
(xxvii) Hard Prepayment Charges and Soft Prepayment Charges collected, waived, and paid by the Servicer;
(xxviii) Late Payment Fees collected or waived by the Servicer;
(xxix) the aggregate Stated Principal Balance of the Mortgage Loans in each Loan Group and in the aggregate that became Liquidated Mortgage Loans in the prior month and since the Cut-off Date (in each case immediately prior to the Stated Principal Balance being reduced to zero);
(xxx) the Stated Principal Balance of any Mortgage Loan that has been repurchased by the Servicer in accordance with Section 2.02, 2.03 or 3.12; and
(xviiixxxi) with respect to the second Distribution Date, the number and aggregate balance Stated Principal Balance of any Delay Delivery Substitute Mortgage Loans not delivered within Loan provided by the time periods specified Seller and the Stated Principal Balance of any Mortgage Loan that has been replaced by a Substitute Mortgage Loan in the definition of Delay Delivery Mortgage Loansaccordance with Section 2.03. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) . On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) V. Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ivii) and (a)(iiviii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar9), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar11)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency, the Certificate Insurer and the NIM Insurer and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Certificateholders and the Depositor Certificate Insurer on the Trustee's website (http://www.bnyinvestorreporting.com) a statement for the related distribution of:generally setting xxxxx xxx xxxxxxxxxxx xxxxxxxxx xx Exhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3) and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (CWHEQ Home Equity Loan Trust, Series 2006-S4), Pooling and Servicing Agreement (CWHEQ Home Equity Loan Trust, Series 2007-S2)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr hxxxx://xxx.xxx.xx.xxx/xxxx to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx Master the Servicer and the Depositor a statement for the related distribution of:
(i) the applicable Record Dates, Interest Accrual Periods and Determination Dates for calculating distributions for the Distribution Date;
(ii) the amount of funds received from the Servicer for the Distribution Date separately identifying amounts received in respect of the Mortgage Loans and the amount of Advances included in the distribution on the Distribution Date;
(iii) the Servicing Fee and the amounts of any additional servicing compensation received by the Servicer attributable to penalties, fees, Excess Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(iv) the Trustee Fee for the Distribution Date;
(v) the aggregate amount of expenses paid from amounts on deposit in the Distribution Account;
(vi) the aggregate amount on deposit in the Distribution Account, as of the beginning and end of the related Due Period;
(vii) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(iiviii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iiiix) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(ivx) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through the Distribution Date;
(xi) the Class Certificate Balance or Notional Amount of each Class of Certificates before and after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiixii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected with respect to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xixiii) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate and the aggregate Stated Principal Balance of the Mortgage Loans in each Loan Group and the Pool Stated Principal Balance as the first day of the related Due Period and the last day of the related Due Period;
(xiv) as of the last day of the related Due Period:
(A) the weighted average mortgage rate of the Mortgage Loans in each Loan Group and in the aggregate, and
(B) the weighted average remaining term to maturity of the Mortgage Loans in each Loan Group and in the aggregate;
(xv) the number and aggregate outstanding Stated Principal Balance of the Mortgage Loans in each Loan Group and in the aggregate as of the end of the preceding calendar month:
(A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days and and
(B) in foreclosure and delinquent (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days, in each case as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixvi) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates Date in each such month and
and (B) delinquent 60 sixty (60) days or more on each of the Due Dates Date in each such month;
(xiiixvii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereofDate;
(xivxviii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xvxix) the aggregate amount of Principal Prepayments received during the related Prepayment Period and the number of Mortgage Loans subject to such Principal Prepayments;
(xx) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Determination Date;
(xxi) the aggregate amount of Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Advances outstanding as of the close of business on the Determination Date;
(xxii) the aggregate amount of Servicing Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Servicing Advances outstanding as of the close of business on the Determination Date;
(xxiii) the aggregate number and outstanding Stated Principal Balance of Mortgage Loans in each Loan Group and in the aggregate repurchased during the related Due Period due to material breaches of representations and warranties regarding such Mortgage Loans;
(xxiv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such the Distribution Date;
(xvixxv) each Senior Percentage and Subordinated Percentage for the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xviixxvi) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date;
(xxvii) Hard Prepayment Charges and Soft Prepayment Charges collected, waived, and paid by the Servicer;
(xxviii) Late Payment Fees collected or waived by the Servicer;
(xxix) the aggregate Stated Principal Balance of the Mortgage Loans in each Loan Group and in the aggregate that became Liquidated Mortgage Loans in the prior month and since the Cut-off Date (in each case immediately prior to the Stated Principal Balance being reduced to zero);
(xxx) the Stated Principal Balance of any Mortgage Loan that has been repurchased by the Servicer in accordance with Section 2.02, 2.03 or 3.12; and
(xviiixxxi) with respect to the second Distribution Date, the number and aggregate balance Stated Principal Balance of any Delay Delivery Substitute Mortgage Loans not delivered within Loan provided by the time periods specified Seller and the Stated Principal Balance of any Mortgage Loan that has been replaced by a Substitute Mortgage Loan in the definition of Delay Delivery Mortgage Loansaccordance with Section 2.03. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Reporting Date, the Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) . On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) V. Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ivii) and (a)(iiviii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar15), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar13)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (IndyMac MBS, Inc. Residential Asset Securitization Trust 2005-A7), Pooling and Servicing Agreement (IndyMac Residential Asset Securitization Trust 2005-A9)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Asset Secur Trust 2003-A9), Pooling and Servicing Agreement (Indymac Residential Asset Securitization Trust 2004-A6)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxhttp://www-apps.gis.deutsche-bank.com/invr for each Certificateholxxx, xxx Master Servicer Xxxxxx Xxxxxxxx, xxx Xxxxxx Xxxxxies, and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Master Servicing Fees and Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiivii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ixviii) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(xix) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xix) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixi) for each of the preceding 12 calendar months, or all calendar months since the related Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiiixii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xivxiii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xiv) whether a Trigger Event has occurred and is continuing (including the calculation of thereof and the aggregate outstanding balance of all 60+ Day Delinquent Loans);
(xv) each Senior Prepayment Percentage the amounts on deposit in both the Carryover Reserve Fund and Subordinated Prepayment Percentage for such Available Funds Cap Reserve Fund (after giving effect to distributions on the Distribution Date);
(xvi) the amount received under the Yield Maintenance Agreement;
(xvii) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such the Distribution Date;
(xviixviii) the Special Hazard Loss Coverage Amount, amount of any Net Monthly Excess Cash Flow on the Fraud Loss Coverage Amount Distribution Date and the Bankruptcy Loss Coverage Amount, in each case as of allocation thereof to the related Determination Date; andCertificateholders with respect to Applied Realized Losses and Unpaid Interest Shortfall Amounts;
(xviiixix) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. ;
(xx) the Overcollateralized Amount; and
(xxi) Prepayment Charges collected, waived and paid by Master Servicer.
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) ), (a)(ii), and (a)(iia)(vii) of this Section 4.06 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Indymac MBS Residential Asset Securitization Trust 2002 A5), Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Securitization Tr 2002-A4)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency and make available to Certificateholders on its the Trustee's website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor (http://www.bnyinvestorreporting.com) a statement for the related distribution of:generally setting foxxx xxx xxxxxxxxxxx xxxxxxxxx xx Xxhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By The Trustee shall send a copy of each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made statement provided pursuant to this Section 4.02 and any other information on which the Master Servicer 4.05 to each Rating Agency and the NIM Insurer. The Trustee mutually agreemay make the above information available to Certificateholders via the Trustee's website at http://www.bnyinvestorreporting.com.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of reasonxxxx xxxxxx xx xxxx xxxxx xxx xxx xf each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3)and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2006-22), Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2006-22)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Xxrvicer and the Depositor a statement for the related distribution of:
(i) the applicable Record Dates, Interest Accrual Periods and Determination Dates for calculating distributions for such Distribution Date;
(ii) the amount of funds received from the Servicer for such Distribution Date separately identifying amounts received in respect of the Mortgage Loans and the amount of Advances included in the distribution on the Distribution Date;
(iii) the Servicing Fee and Trustee Fee for such Distribution Date;
(iv) the aggregate amount of expenses paid from amounts on deposit in (x) the Certificate Account and (y) the Distribution Account;
(v) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(iivi) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iiivii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(ivviii) the aggregate amount of Realized Losses and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(ix) the Class Certificate Balance or Notional Amount of each Class of Certificates before and after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiix) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected with respect to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number of Mortgage Loans and the Pool Stated Principal Balance as the first day of the related Due Period and the last day of the related Due Period;
(xii) as of the last day of the related Due Period:
(A) the weighted average mortgage rate of the Mortgage Loans, and
(B) the weighted average remaining term to maturity of the Mortgage Loans;
(xiii) the number and aggregate principal amounts outstanding balance of the Mortgage Loans in each Loan Group and in as of the aggregate end of the preceding calendar month:
(A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days and and
(B) in foreclosure and delinquent (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixiv) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates Date in each such month and
and (B) delinquent 60 sixty (60) days or more (determined in the same manner as for determining Scheduled Payment delinquencies that result in a Mortgage Loan being a 60+ Day Delinquent Loan) on each of the Due Dates Date in each such month;
(xiiixv) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereofDate;
(xivxvi) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xvxvii) the aggregate amount of Principal Prepayments received during the related Prepayment Period and the number of Mortgage Loans subject to such Principal Prepayments;
(xviii) the aggregate amount of Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xix) the aggregate amount of Servicing Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Servicing Advances outstanding as of the close of business on the Distribution Date;
(xx) the aggregate number and outstanding principal balance of Mortgage Loans repurchased during the related Due Period due to material breaches of representations and warranties regarding such Mortgage Loans;
(xxi) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvixxii) the aggregate amount of Realized Losses in each Loan Group Senior Percentage and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through Subordinated Percentage for such Distribution Date;
(xviixxiii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviiixxiv) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delayed Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delayed Delivery Mortgage Loans; and
(xxv) Prepayment Charges collected, waived, and paid by the Servicer. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.IV.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ia)(v) and (a)(iia)(vi) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar15), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar21)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (IndyMac RAST 2004-A8), Pooling and Servicing Agreement (Residential Asset Securitization Trust 2004-A3)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust Series 2004-Indyport1), Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2003-A11)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency and make available to Certificateholders on its the Trustee's website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor (http://www.bnyinvestorreporting.com) a statement for the related distribution of:generally setting foxxx xxx xxxxxxxxxxx xxxxxxxxx xx Xxhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By The Trustee shall send a copy of each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made statement provided pursuant to this Section 4.02 and any other information on which the Master Servicer 4.05 to each Rating Agency and the NIM Insurer. The Trustee mutually agreemay make the above information available to Certificateholders via the Trustee's website at http://www.bnyinvestorreporting.com.
(bx) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within Xxxxxn a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3)and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2006-21), Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2006-21)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency and make available to Certificateholders on its the Trustee's website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor (http://www.bnyinvestorreporting.com) a statement for the related distribution of:generally setting fxxxx xxx xxxxxxxxxxx xxxxxxxxx xx Xxhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By The Trustee shall send a copy of each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made statement provided pursuant to this Section 4.02 and any other information on which the Master Servicer 4.05 to each Rating Agency and the NIM Insurer. The Trustee mutually agreemay make the above information available to Certificateholders via the Trustee's website at http://www.bnyinvestorreporting.com.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end reasoxxxxx xxxxxx xx xxxx xxxxx xxx xxx of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all 123 scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3)and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2007-3)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, the Servicex xxx Master Servicer and the Depositor a statement xxx Xxxxxxxxx x xxxxxment for the related distribution of:
(i) the applicable Record Dates, Interest Accrual Periods and Determination Dates for calculating distributions for such Distribution Date;
(ii) the amount of funds received from the Servicer for such Distribution Date separately identifying amounts received in respect of the Mortgage Loans and the amount of Advances included in the distribution on the Distribution Date;
(iii) the Servicing Fee and Trustee Fee for such Distribution Date;
(iv) the aggregate amount of expenses paid from amounts on deposit in (x) the Certificate Account and (y) the Distribution Account;
(v) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(iivi) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iiivii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(ivviii) the aggregate amount of Realized Losses and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(ix) the Class Certificate Balance or Notional Amount of each Class of Certificates before and after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiix) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected with respect to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number of Mortgage Loans and the Pool Stated Principal Balance as the first day of the related Due Period and the last day of the related Due Period;
(xii) as of the last day of the related Due Period:
(A) the weighted average mortgage rate of the Mortgage Loans, and
(B) the weighted average remaining term to maturity of the Mortgage Loans;
(xiii) the number and aggregate principal amounts outstanding balance of the Mortgage Loans in each Loan Group and in as of the aggregate end of the preceding calendar month:
(A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days and and
(B) in foreclosure and delinquent (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixiv) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates Date in each such month and
and (B) delinquent 60 sixty (60) days or more (determined in the same manner as for determining Scheduled Payment delinquencies that result in a Mortgage Loan being a 60+ Day Delinquent Loan) on each of the Due Dates Date in each such month;
(xiiixv) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereofDate;
(xivxvi) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xvxvii) the aggregate amount of Principal Prepayments received during the related Prepayment Period and the number of Mortgage Loans subject to such Principal Prepayments;
(xviii) the aggregate amount of Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xix) the aggregate amount of Servicing Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Servicing Advances outstanding as of the close of business on the Distribution Date;
(xx) the aggregate number and outstanding principal balance of Mortgage Loans repurchased during the related Due Period due to material breaches of representations and warranties regarding such Mortgage Loans;
(xxi) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvixxii) the aggregate amount of Realized Losses in each Loan Group Senior Percentage and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through Subordinated Percentage for such Distribution Date;
(xviixxiii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviiixxiv) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delayed Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delayed Delivery Mortgage Loans; and
(xxv) Prepayment Charges collected, waived, and paid by the Servicer. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.IV.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ia)(v) and (a)(iia)(vi) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar4)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and[reserved];
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date, by Loan Group and in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date;
(xx) the availabilityaggregate amount of Net Deferred Interest on the Mortgage Loans for the related Due Date, timeliness by Loan Group and accuracy in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the cumulative amount of Net Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date; and
(xxi) the aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac Index Mortgage Loan Trust 2004-Ar10)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee Securities Administrator shall prepare and deliver to the Trustee, and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Holder of Certificates, xxx the Trustee, the Rating Agencies, the Master Servicer, the EMC Servicer and the Depositor a statement setting forth for the related distribution ofCertificates:
(i) the amount Certificate Principal Balance of the distribution allocable each Class of Certificates immediately prior to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included thereinsuch Distribution Date;
(ii) the amount of the distribution allocable to interestprincipal on each Class of Certificates, separately identifying for each Mortgage Loan Group (i) the aggregate amount of any Class Unpaid Interest Amounts Principal Prepayments included in such distribution, (ii) the aggregate of all Scheduled Payments (except with respect to Simple Interest Loans) of principal included in such distribution and, with respect to Simple Interest Loans, the actual amount of principal received and included in such distribution and (iii) any remaining Class Unpaid Interest Substitution Adjustment Amounts after giving effect or amounts paid in respect of principal on each Mortgage Loan repurchased pursuant to the Sections 2.02, 2.03, 3.20 or 10.01 that have been included in such distribution;
(iii) if The applicable Pass-Through Rate and the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the aggregate amount of interest accrued at such Pass-Through Rate with respect to each Class during the shortfall and the allocation of the shortfall between principal and interestrelated Accrual Period;
(iv) the Class Certificate Balance or Notional Amount aggregate amount of interest paid to each Class of Certificates after giving effect to the distribution of principal on the Distribution DateCertificates;
(v) the Pool Stated Principal Balance Net Interest Shortfall, Deferred Interest, the interest portion of Realized Losses and any other adjustments to interest at the related Pass-Through Rate necessary to account for any difference between interest accrued at the following applicable Pass-Through Rate for each Class of Certificates and Accrued Certificate Interest for each such Class for such Distribution Date;
(vi) the Certificate Principal Balance of each Senior Percentage Class of Certificates after such Distribution Date, separately identifying any increase resulting from any Deferred Interest and each Subordinated Percentage any decrease resulting from the allocation of the principal portion of any Realized Losses and other adjustments to the Certificate Principal Balance of that Class that account for the following difference between the Certificate Principal Balance of such Class prior to such Distribution Date as reduced by distributions of principal on such Distribution Date and the Certificate Principal Balance for such Class after such Distribution Date;
(vii) the amount of the Servicing Fees any Advances and Compensating Interest paid to or retained by the Master Servicer or Subservicer (with respect to the SubservicersServicers included in such distribution, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Dateseparately stated for each Mortgage Loan Group;
(viii) the Pass-Through Rate Stated Principal Balance of all of the Mortgage Loans and stated separately for each Class of Certificates as of the day before the preceding Distribution DateMortgage Loan Group;
(ix) the Pass-Through Rate amount of the Master Servicing Fee paid to the Master Servicer and the Servicing Fee paid to or retained by each Servicer for the related Due Period, separately stated for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution DateMortgage Loan Group;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of the Mortgage Loans in each Mortgage Loan Group and in the aggregate Group, (A) delinquent (exclusive of related Mortgage Loans in foreclosure) , (1) 1 31 to 30 days60 days delinquent, (2) 31 to 60 days, (3) 61 to 90 days, days delinquent and (43) 91 or more days delinquent and (B) in foreclosure and delinquent for each of the periods specified in clause (1) 1 to 30 daysA), (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, in each case as of the close of business on the last day of the calendar month preceding the month in which such Distribution DateDate occurs;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiiixi) with respect to any Mortgage Loan that became an REO Property was liquidated during the preceding calendar month, the Mortgage Loan Group, loan number and Stated Principal Balance of the of, and Realized Loss on, such Mortgage Loan as of the close of business on the Determination Date preceding last day of the related Prepayment Period;
(xii) whether the Delinquency Test was satisfied for such Distribution Date and Date;
(xiii) whether the date of acquisition thereofSubordination Doubling Test was satisfied for such Distribution Date;
(xiv) for each Mortgage Loan Group, the total number and aggregate principal balance of any all Mortgage Loans as to which the related Mortgaged Property was REO Properties in each Loan Group and in the aggregate (and market value, if available) Property as of the close of business on the Determination Date preceding last day of the Distribution Daterelated Prepayment Period;
(xv) cumulative Realized Losses relating to principal since the Cut-off Date for the Mortgage Loans in each Senior Prepayment Percentage Mortgage Loan Group through the close of business on the last day of the calendar month in which such Distribution Date occurs, and Subordinated Prepayment Percentage whether the Realized Loss Test was satisfied for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviiixvi) with respect to the second Distribution Dateeach Mortgage Loan Group, the number related Senior Percentage, Subordinate Percentage, Group Senior Prepayment Percentage and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage LoansSubordinate Prepayment Percentage. The Securities Administrator may make the foregoing monthly statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders via the Securities Administrator's internet website. The Securities Administrator's internet website shall initially be located at "xxx.xxxxxxx.xxx". Assistance in using the Securities Administrator's website can be obtained by calling the Securities Administrator's customer service desk at (000) 000-0000. To the extent timely received from the Securities Administrator, the Trustee will also make monthly statements available each month to Certificateholders via the Trustee's internet website. The trustee's internet website will initially be located at xxx.xxxxxxxx.xxx/xxx. Assistance in using the Trustee's website service can be obtained by calling the Trustee's customer service desk at (000) 000-0000. Parties that are unable to use the above distribution options are entitled to have a paper copy mailed to them via first class mail by calling the Securities Administrator's customer service desk and indicating such. The Securities Administrator may change the way monthly statements are distributed in order to make such distributions more convenient or more accessible to the above parties.
(b) The Securities Administrator's responsibility for disbursing making the above information available to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date , the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master EMC Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end Trustee. The Securities Administrator will make available a copy of each Prepayment Period (but in no event later than the third Business Day prior statement provided pursuant to the related Distribution Date), the Master Servicer shall deliver this Section 5.05 to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.each Rating Agency.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to the EMC Servicer, the Master Servicer and upon request to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ia)(ii) and (a)(iia)(iv) of this Section 4.06 5.05 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Trust 2003-Sd2)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and[reserved];
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date, by Loan Group and in the aggregate, and the cumulative amount of Deferred Interest on the Mortgage Loans through such Distribution Date;
(xx) the aggregate amount of Net Deferred Interest on the Mortgage Loans for the Distribution Date, by Loan Group and in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Net Deferred Interest on the Mortgage Loans allocated to each Class of Certificates through such Distribution Date; and
(xxi) the availability, timeliness and accuracy aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar2)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, the Master Sexxxxxx xxx Master Servicer and the Depositor a xxx Xxxxxxxxx x statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.;
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac RAST 2005-A5)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties (and market value, if available) in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and the Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses incurred in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans; and
(xix) the amount paid to the Class 1-A-1 and Class 1-A-B Certificates from the related Yield Maintenance Reserve Fund pursuant to the related Yield Maintenance Agreement. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially 72 comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac RAST 2005-A13)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans; and
(xix) the amount paid to the Class A-1 and Class A-13 Certificates from the Yield Maintenance Reserve Fund pursuant to the Yield Maintenance Agreement. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust 2005-A8cb)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. 77 By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2004-Ar15)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Initial Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. ; and
(xix) the remaining Pre-Funding Amount.
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(bc) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(cd) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2003-A8)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2004-Ar6)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Xxrvicer and the Depositor a statement for the related distribution of:
(i) the applicable Record Dates, Interest Accrual Periods and Determination Dates for calculating distributions for such Distribution Date;
(ii) the amount of funds received from the Servicer for such Distribution Date separately identifying amounts received in respect of the Mortgage Loans and the amount of Advances included in the distribution on the Distribution Date;
(iii) the Servicing Fee and the amounts of any additional servicing compensation received by the Servicer attributable to penalties, fees, Excess Proceeds or other similar charges or fees or items with respect to the Distribution Date and, with respect to the Lender PMI Loans, the interest premium charged the related borrower for primary mortgage guaranty insurance;
(iv) the Trustee Fee for such Distribution Date;
(v) the aggregate amount of expenses paid from amounts on deposit in (x) the Certificate Account and (y) the Distribution Account;
(vi) the aggregate amount on deposit in the Distribution Account and Carryover Reserve Fund, as of the beginning and end of the related Due Period;
(vii) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iiiviii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(ivix) the aggregate outstanding Interest Carry Forward Amount, Net Prepayment Interest Shortfalls, Net Rate Carryover and unpaid Net Rate Carryover for each applicable Class of Certificates, after giving effect to the distributions made on that Distribution Date.
(x) the Interest Remittance Amount and the Principal Remittance Amount, the Senior Principal Distribution Amount and the Overcollateralization Release Amount applicable to that Distribution Date;
(xi) the Overcollateralized Amount, after giving effect to distributions made on that Distribution Date;
(xii) the amount of any Overcollateralization Deficiency Amount, after giving effect to distributions made on that Distribution Date;
(xiii) whether a Trigger Event is in effect for that Distribution Date;
(xiv) the aggregate amount of Applied Realized Loss Amounts incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through the Distribution Date;
(xv) the Class Certificate Balance or Notional Amount of each Class of Certificates before and after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiixvi) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected with respect to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xixvii) the number of Mortgage Loans and the Pool Stated Principal Balance as the first day of the related Due Period and the last day of the related Due Period;
(xviii) as of the last day of the related Due Period:
(A) the weighted average mortgage rate of the Mortgage Loans, and
(B) the weighted average remaining term to maturity of the Mortgage Loans;
(xix) the number and aggregate principal amounts outstanding Stated Principal Balance of the Mortgage Loans in each Loan Group and in as of the aggregate end of the preceding calendar month:
(A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days and and
(B) in foreclosure and delinquent (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixx) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates Date in each such month and
and (B) delinquent 60 sixty (60) days or more (determined in the same manner as for determining Scheduled Payment delinquencies that result in a Mortgage Loan being a 60+ Day Delinquent Loan) on each of the Due Dates Date in each such month;
(xiiixxi) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereofDate;
(xivxxii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xvxxiii) each Senior the aggregate amount of Principal Prepayments received during the related Prepayment Percentage Period and Subordinated Prepayment Percentage the number of Mortgage Loans subject to such Principal Prepayments;
(xxiv) the aggregate amount of Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xvixxv) the aggregate amount of Realized Losses in each Loan Group Servicing Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and in the aggregate incurred and Subsequent Recoveries, if any, received during amount of Servicing Advances outstanding as of the preceding calendar month and aggregate Realized Losses through such close of business on the Distribution Date;
(xviixxvi) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount aggregate number and the Bankruptcy Loss Coverage Amount, in each case as outstanding principal balance of Mortgage Loans repurchased during the related Determination Date; andDue Period due to material breaches of representations and warranties regarding such Mortgage Loans;
(xviiixxvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delayed Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delayed Delivery Mortgage Loans;
(xxviii) Prepayment Charges collected, waived, and paid by the Servicer;
(xxix) the aggregate Stated Principal Balance of the Mortgage Loans that became Liquidated Mortgage Loans in the prior month and since the Cut-off Date (in each case immediately prior to the Stated Principal Balance being reduced to zero);
(xxx) the amount of any Net Rate Carryover from the Carryover Reserve Fund;
(xxxi) the aggregate amount of Deferred Interest on the Mortgage Loans for the related Due Date and the cumulative amount of Deferred Interest on the Mortgage Loans through that Distribution Date;
(xxxii) the aggregate amount of Net Deferred Interest on the Mortgage Loans for that Distribution Date and the amount allocated to each Class of Certificates on that Distribution Date and the cumulative amount of Net Deferred Interest on the Mortgage Loans allocated to each Class of Certificates through that Distribution Date;
(xxxiii) the Stated Principal Balance of any Mortgage Loan that has been repurchased by the Servicer in accordance with Section 2.02, 2.03 or 3.12; and
(xxxiv) the Stated Principal Balance of any Substitute Mortgage Loan provided by the Seller and the Stated Principal Balance of any Mortgage Loan that has been replaced by a Substitute Mortgage Loan in accordance with Section 2.03. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.IV.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ia)(v) and (a)(iia)(vi) of this Section 4.06 4.05 aggregated for such calendar year or the applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar12)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency and make available to Certificateholders on its the Trustee’s website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor (xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx) a statement for generally setting forth the related distribution of:information contained in Exhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's ’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By The Trustee shall send a copy of each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made statement provided pursuant to this Section 4.02 and any other information on which the Master Servicer 4.05 to each Rating Agency and the NIM Insurer. The Trustee mutually agreemay make the above information available to Certificateholders via the Trustee’s website at xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on “prohibited transactions,” “contributions” or “net income from foreclosure property” or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3)and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2007-6)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency and make available to Certificateholders on its the Trustee's website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor (http://www.bnyinvestorreporting.com) a statement for the related distribution of:generally setting foxxx xxx xxxxxxxxxxx xxxxxxxxx xx Xxhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By The Trustee shall send a copy of each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made statement provided pursuant to this Section 4.02 and any other information on which the Master Servicer 4.05 to each Rating Agency and the NIM Insurer. The Trustee mutually agreemay make the above information available to Certificateholders via the Trustee's website at http://www.bnyinvestorreporting.com.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each reasonablx xxxxxx xx xxxx xxxxx xxx xxx xx xach calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond 125 promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3)and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2007-1)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr http://www.corporatetrust.db.com to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, txx Xxxxxx Xxxxxxxx, xxx Master Servicer and the Depositor xxx Xxxxsitor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the related Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Securitization Tr 2002-A6)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans; and
(xix) the amount paid to the Class A-1 Certificates from the Yield Maintenance Reserve Fund pursuant to the Yield Maintenance Agreement. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac RAST 2005-A4)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Initial Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans; and
(xix) the remaining Pre-Funding Amount. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac MBS, Inc. Residential Asset Securitization Trust 2005-A1)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans;
(xix) the amount paid to the Class A-1 and Class A-2 Certificates from the related Yield Maintenance Reserve Fund pursuant to the related Yield Maintenance Agreement; and
(xx) the amount on deposit in the Class A-2 Yield Maintenance Reserve Fund for the following Distribution Date. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac Residential Asset Securitization Trust 2005-A2)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sectrust 2003-A14)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans; and
(xix) the amount paid to the Class A-6, Class A-8 and Class A-10 Certificates from the related Yield Maintenance Reserve Fund pursuant to the related Yield Maintenance Agreement. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac RAST 2005-A12)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar15)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance, Component Principal Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and[reserved];
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date and the cumulative amount of Deferred Interest on the Mortgage Loans through such Distribution Date;
(xx) the aggregate amount of Net Deferred Interest on the Mortgage Loans for the Distribution Date and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Net Deferred Interest on the Mortgage Loans allocated to each Class of Certificates through such Distribution Date; and
(xxi) the availability, timeliness and accuracy aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar16ip)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx Master the Servicer and the Depositor a statement for the related distribution of:
(i) the applicable Record Dates, Interest Accrual Periods and Determination Dates for calculating distributions for the Distribution Date;
(ii) the amount of funds received from the Servicer for the Distribution Date separately identifying amounts received in respect of the Mortgage Loans and the amount of Advances included in the distribution on the Distribution Date;
(iii) the Servicing Fee and the amounts of any additional servicing compensation received by the Servicer attributable to penalties, fees, Excess Proceeds or other similar charges or fees and items with respect to the Distribution Date, and, with respect to Lender PMI Loans, the interest premium charged the related borrower for primary mortgage guaranty insurance;
(iv) the Trustee Fee for the Distribution Date;
(v) the aggregate amount of expenses paid from amounts on deposit in the Distribution Account;
(vi) the aggregate amount on deposit in the Distribution Account, Supplemental Interest Reserve Fund and Carryover Reserve Fund, as of the beginning and end of the related Due Period;
(vii) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(iiviii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iiiix) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(ivx) the aggregate amount of Realized Losses incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through the Distribution Date;
(xi) the Class Certificate Balance or Notional Amount of each Class of Certificates before and after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiixii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected with respect to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xixiii) the LIBOR rate applicable for that Distribution Date;
(xiv) the number of Mortgage Loans and the aggregate Stated Principal Balance of the Mortgage Loans and the Pool Stated Principal Balance as the first day of the related Due Period and the last day of the related Due Period;
(xv) as of the last day of the related Due Period:
(A) the weighted average Mortgage Rate of the Mortgage Loans, and
(B) the weighted average remaining term to maturity of the Mortgage Loans;
(xvi) the number and aggregate principal amounts outstanding Stated Principal Balance of the Mortgage Loans in each Loan Group and in as of the aggregate end of the preceding calendar month:
(A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days and and
(B) in foreclosure and delinquent (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days, in each case as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixvii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates Date in each such month and
and (B) delinquent 60 sixty (60) days or more on each of the Due Dates Date in each such month;
(xiiixviii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereofDate;
(xivxix) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xvxx) each the aggregate amount of Principal Prepayments received during the related Prepayment Period and the number of Mortgage Loans subject to such Principal Prepayments;
(xxi) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Determination Date;
(xxii) the aggregate amount of Advances reimbursed during the related Due Period and the general source of funds for such reimbursements;
(xxiii) the aggregate amount of Servicing Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Servicing Advances outstanding as of the close of business on the Determination Date;
(xxiv) the aggregate number and outstanding Stated Principal Balance of Mortgage Loans repurchased during the related Due Period due to material breaches of representations and warranties regarding such Mortgage Loans;
(xxv) the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such the Distribution Date;
(xvixxvi) the aggregate amount of Realized Losses in each Loan Group Senior Percentage and in Subordinated Percentage for the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xviixxvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date;
(xxviii) all Late Payment Fees assessable and not waived pursuant to Section 3.21(a);
(xxix) all Prepayment Charges collected and amounts payable by the Servicer for the waiver of such amounts;
(xxx) the aggregate Stated Principal Balance of the Mortgage Loans that became Liquidated Mortgage Loans in the prior month and since the Cut-off Date (in each case immediately prior to the Stated Principal Balance being reduced to zero);
(xxxi) the amount of any payments made by the Cap Counterparty under the Cap Contract;
(xxxii) the amount of any Net WAC Carryover Amount from the Carryover Reserve Fund;
(xxxiii) the Stated Principal Balance of any Mortgage Loan that has been repurchased by the Servicer in accordance with Section 2.02, 2.03 or 3.12; and
(xviiixxxiv) with respect to the second Distribution Date, the number and aggregate balance Stated Principal Balance of any Delay Delivery Substitute Mortgage Loans not delivered within Loan provided by the time periods specified Seller and the Stated Principal Balance of any Mortgage Loan that has been replaced by a Substitute Mortgage Loan in the definition of Delay Delivery Mortgage Loansaccordance with Section 2.03. The Trustee's ’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination the Reporting Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) . On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) V. Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ia)(vii) and (a)(iia)(viii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac IMSC Mortgage Loan Trust 2007-Ar2)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency and make available to Certificateholders on its the Trustee's website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor (http://www.bnyinvestorreporting.com) a statement for the related distribution of:generally setting fxxxx xxx xxxxxxxxxxx xxxxxxxxx xx Xxhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By The Trustee shall send a copy of each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made statement provided pursuant to this Section 4.02 and any other information on which the Master Servicer 4.05 to each Rating Agency and the NIM Insurer. The Trustee mutually agreemay make the above information available to Certificateholders via the Trustee's website at http://www.bnyinvestorreporting.com.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of reasonaxxx xxxxxx xx xxxx xxxxx xxx xxx xx each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust Series 2006-23)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, the Master Sxxxxxxx xxx Master Servicer and the Depositor a xxx Xxxxxxxxx x statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac RAST 2004-A10)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency, the Certificate Insurer and the NIM Insurer and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Certificateholders and the Depositor Certificate Insurer on the Trustee's website (xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx) a statement for generally setting forth the related distribution of:information contained in Exhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual 116 interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3) and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CWHEQ Home Equity Loan Trust, Series 2006-S10)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar29)
Monthly Statements to Certificateholders. (a) Not later than each Distribution DateDate based solely on information provided by the Servicing Administrator or the Servicer pursuant to Section 3.24, as applicable, the Trustee Securities Administrator shall prepare and make available on its website located at https://www.tss.db.com/invr www.jpmorgan.com/sfr to eaxx Xxxxxxxxxxxxxxxxxeach Holder of a Class of Certificates of the Xxxxx Xxxx, xxx Master Servicer Xxxvicing Administrator, the Trustee, the Certificate Insurer, the Credit Risk Manager, the Rating Agency and the Depositor a statement setting forth for the related distribution ofeach $1,000 principal amount of Certificates:
(i) the amount of the related distribution to Holders of each Class allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein, (B) the aggregate of all scheduled payments of principal included therein and (C) the Extra Principal Distribution Amount, if any;
(ii) the amount of the such distribution to Holders of each Class allocable to interest, together with any Class Unpaid Non-Supported Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect Shortfalls allocated to the distributioneach Class;
(iii) if the distribution to the Holders of any Interest Carry Forward Amount for each Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interestCertificates;
(iv) the Class Certificate Principal Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of all distributions allocable to principal on the such Distribution Date;
(v) the Pool Stated Principal Balance aggregate outstanding principal balance of each Class of Certificates for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage the Pool Stated Principal Balance for the following such Distribution Date;
(vii) the related amount of the Aggregate Servicing Fees Fee, the Servicing Fee paid to or retained by the Master Servicer or Subservicer (with respect Servicer, the amount of the Securities Administrator Fee paid to the SubservicersSecurities Administrator, in the aggregate) amount of the Credit Risk Manager Fee paid to the Credit Risk Manager and the amounts amount of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect Certificate Insurer Premium paid to the Distribution DateCertificate Insurer;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding for such Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the such Distribution Date;
(x) [RESERVED];
(xi) the aggregate amount of reimbursement to the Servicer of Non-Recoverable Advances previously made;
(xii) the aggregate amount of recovery to the Trust Fund of reimbursement previously deemed non-recoverable;
(xiii) the cumulative amount (in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans) of (A) Realized Losses, (B) Applied Realized Loss Amounts to date and (C) Unpaid Realized Loss Amounts;
(xiv) the amount (in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans) of (A) Realized Losses and (B) Applied Realized Loss Amounts with respect to such Distribution Date;
(xv) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent Delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, days and (4) 91 or more 120 days and (B) to include such Delinquent Mortgage Loans which are also in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, bankruptcy as of the close of business on the last day of the calendar month preceding the such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xiixvi) for each the number and aggregate principal amounts of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans that were in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan bankruptcy as of the close of business on the Determination Date last day of the calendar month preceding such Distribution Date, in the Distribution Date aggregate and with respect to the Group I Mortgage Loans and the date of acquisition thereofGroup II Mortgage Loans;
(xivxvii) the number and aggregate principal amounts of Mortgage Loans that were in foreclosure as of the close of business on the last day of the calendar month preceding such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xviii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination last day of the calendar month preceding such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xix) whether a Trigger Event has occurred;
(xx) with respect to each Class of the Class A, Class B and Class M Certificates any Floating Rate Certificate Carryover with respect to such Distribution Date for each such Class, any Floating Rate Certificate Carryover paid for each such Class and any remaining Floating Rate Certificate Carryover for each such Class;
(xxi) the amount distributed as interest to each Class of Certificates attributable to a regular interest in a REMIC and the amount distributed to each Class of Certificates not attributable to a regular interest in a REMIC;
(xxii) the number and aggregate Stated Principal Balance of all Subsequent Mortgage Loans added during the preceding Due Period;
(xxiii) any amounts distributed as Excess Interest to the Distribution Class A, Class M or Class B Certificates;
(xxiv) the number and aggregate Stated Principal Balance of Mortgage Loans for which prepayment penalties were received during the related Prepayment Period and, for each such Mortgage Loan, the amount of prepayment penalties received during the related Prepayment Period and in the aggregate of such amounts for all such Mortgage Loans since the Cut-off Date;
(xvxxv) each Senior the current and cumulative number and amount of prepayment penalties and the current and cumulative amount of late payment fees received during the related Prepayment Percentage Period;
(xxvi) the total number and Subordinated Prepayment Percentage for principal balance of any Mortgage Loans that were repurchased during the calendar month preceding such Distribution Date and the total number and principal balance of any Mortgage Loans that were repurchased from the Closing Date to such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xvixxvii) the aggregate amount of Realized Losses in each Loan Group Subsequent Recoveries for such Distribution Date and the aggregate amount of Subsequent Recoveries collected after the Closing Date to such Distribution Date, in the aggregate incurred and Subsequent Recoverieswith respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xxviii) the weighted average remaining term to maturity of the Mortgage Loans as of the first day of the calendar month preceding such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xxix) as of each Distribution Date, the amount, if any, received during to be deposited in the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xviiSupplemental Interest Trust pursuant to the Swap Agreement as described in Section 5.05(l) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of amount thereof to be paid to the related Determination DateCertificates; and
(xviiixxx) with respect to the second as of each Distribution Date, the number Floating Rate Certificate Carryover for each Class of Certificates (other than the Class X Certificates) and aggregate balance the portion of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information such Floating Rate Certificate Carryover that is attributable to the Certificateholders is limited fact that Applied Realized Loss Amounts are not allocated to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agreeClass A or Class R Certificates.
(b) On If so requested in writing or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date)as required by applicable law, the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within within a reasonable period of time after the end of each calendar year, the Trustee Securities Administrator shall make available on its website or cause to be furnished to each Person who at any time during the calendar year was a CertificateholderCertificateholder of record (and to the Certificate Insurer), a statement containing the information set forth in clauses (a)(i) and (a)(ii) of this Section 4.06 5.06 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee Securities Administrator pursuant to any requirements of the Code as from time to time in effect. Within a reasonable period of time after the end of each calendar year if requested in writing or required by applicable law, the Securities Administrator will prepare and deliver to each certificateholder of record during the previous calendar year, a statement containing information necessary to enable certificateholders to prepare their tax returns. The Securities Administrator will not be responsible for any errors, omissions or misstatements that may be incorporated in such statement.
(c) Upon filing with the Internal Revenue Service, the Securities Administrator shall furnish to the Holders of the Class R Certificate the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class R Certificate with respect to the following matters: the original projected principal and interest cash flows on the Closing Date on each Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(i) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(ii) The Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(iii) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(iv) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the REMICs with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(v) The amount and timing of any non-interest expenses of the REMICs; and
(vi) Any taxes (including penalties and interest) imposed on the REMICs, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The Securities Administrator shall only be required to provide the information pursuant to clauses (i), (ii) and (iii) above if such information is provided to the Securities Administrator by the Depositor.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Terwin Mortgage Trust, Series TMTS 2005-16he)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Certificate Insurer, the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and[reserved];
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for the related Due Date, by Loan Group and in the aggregate, and the cumulative amount of Deferred Interest on the Mortgage Loans through such Distribution Date;
(xx) the aggregate amount of Net Deferred Interest on the Mortgage Loans for the Distribution Date, by Loan Group and in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the cumulative amount of Net Deferred Interest on the Mortgage Loans allocated to each Class of Certificates through such Distribution Date;
(xxi) the aggregate Stated Principal Balance of the Mortgage Loans that became Liquidated Mortgage Loans in the prior month and since the Cut-off Date (in each case immediately prior to the Stated Principal Balance being reduced to zero);
(xxii) the amount paid by the Certificate Insurer under the Policy with respect to each of the Class 1-A-3B and Class 2-A-3B Certificates for such Distribution Date; and
(xxiii) all amounts paid to the Certificate Insurer in respect of the Reimbursement Amount for such Distribution Date. The Trustee's responsibility for disbursing the above information to the Certificateholders and the Certificate Insurer is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.IV.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2005-Ar18)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr https://www.corporatetrust.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx Master Servicer and the Depositor Xxxxxx Xxxxxxxx xxx xxx Xxxxxxxxx a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each the Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(Axiii) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(Bxiv) delinquent 60 days or more on each of the Due Dates in each such month;
(xiiixv) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xivxvi) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xvxvii) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvixviii) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xviixix) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviiixx) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xxi) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date, and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date; and
(xxii) the availability, timeliness and accuracy aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2004-Ar7)
Monthly Statements to Certificateholders. (a) Not later than each Distribution DateDate based solely on information provided by the Servicing Administrator or the Servicer pursuant to Section 3.24, as applicable, the Trustee Securities Administrator shall prepare and make available on its website located at https://www.tss.db.com/invr www.jpmorgan.com/sfr to eaxx Xxxxxxxxxxxxxxxxxeach Holder of a Class of Certificates of the Xxxxx Xxxx, xxx Master Servicer Xxxvicing Administrator, the Trustee, the Certificate Insurer, the Credit Risk Manager, the Rating Agency and the Depositor a statement setting forth for the related distribution ofeach $1,000 principal amount of Certificates:
(i) the amount of the related distribution to Holders of each Class allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein, (B) the aggregate of all scheduled payments of principal included therein and (C) the Extra Principal Distribution Amount, if any;
(ii) the amount of the such distribution to Holders of each Class allocable to interest, together with any Class Unpaid Non-Supported Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect Shortfalls allocated to the distributioneach Class;
(iii) if the distribution to the Holders of any Interest Carry Forward Amount for each Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interestCertificates;
(iv) the Class Certificate Principal Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of all distributions allocable to principal on the such Distribution Date;
(v) the Pool Stated Principal Balance aggregate outstanding principal balance of each Class of Certificates for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage the Pool Stated Principal Balance for the following such Distribution Date;
(vii) the related amount of the Aggregate Servicing Fees Fee, the Servicing Fee paid to or retained by the Master Servicer or Subservicer (with respect Servicer, the amount of the Securities Administrator Fee paid to the SubservicersSecurities Administrator, in the aggregate) amount of the Credit Risk Manager Fee paid to the Credit Risk Manager and the amounts amount of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect Certificate Insurer Premium paid to the Distribution DateCertificate Insurer;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding for such Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the such Distribution Date;
(x) [RESERVED];
(xi) the aggregate amount of reimbursement to the Servicer of Non-Recoverable Advances previously made;
(xii) the aggregate amount of recovery to the Trust Fund of reimbursement previously deemed non-recoverable;
(xiii) the cumulative amount (in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans) of (A) Realized Losses, (B) Applied Realized Loss Amounts to date and (C) Unpaid Realized Loss Amounts;
(xiv) the amount (in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans) of (A) Realized Losses and (B) Applied Realized Loss Amounts with respect to such Distribution Date;
(xv) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent Delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, days and (4) 91 or more 120 days and (B) to include such Delinquent Mortgage Loans which are also in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, bankruptcy as of the close of business on the last day of the calendar month preceding the such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xiixvi) for each the number and aggregate principal amounts of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans that were in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan bankruptcy as of the close of business on the Determination Date last day of the calendar month preceding such Distribution Date, in the Distribution Date aggregate and with respect to the Group I Mortgage Loans and the date of acquisition thereofGroup II Mortgage Loans;
(xivxvii) the number and aggregate principal amounts of Mortgage Loans that were in foreclosure as of the close of business on the last day of the calendar month preceding such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xviii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination last day of the calendar month preceding such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xix) whether a Trigger Event has occurred;
(xx) with respect to each Class of the Class A, Class B and Class M Certificates any Floating Rate Certificate Carryover with respect to such Distribution Date preceding for each such Class, any Floating Rate Certificate Carryover paid for each such Class and any remaining Floating Rate Certificate Carryover for each such Class;
(xxi) the Distribution amount distributed as interest to each Class of Certificates attributable to a regular interest in a REMIC and the amount distributed to each Class of Certificates not attributable to a regular interest in a REMIC;
(xxii) any amounts distributed as Excess Interest to the Class A, Class M or Class B Certificates;
(xxiii) the number and aggregate Stated Principal Balance of Mortgage Loans for which prepayment penalties were received during the related Prepayment Period and, for each such Mortgage Loan, the amount of prepayment penalties received during the related Prepayment Period and in the aggregate of such amounts for all such Mortgage Loans since the Cut-off Date;
(xvxxiv) each Senior the current and cumulative number and amount of prepayment penalties and the current and cumulative amount of late payment fees received during the related Prepayment Percentage Period;
(xxv) the total number and Subordinated Prepayment Percentage for principal balance of any Mortgage Loans that were repurchased during the calendar month preceding such Distribution Date and the total number and principal balance of any Mortgage Loans that were repurchased from the Closing Date to such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xvixxvi) the aggregate amount of Realized Losses in each Loan Group Subsequent Recoveries for such Distribution Date and the aggregate amount of Subsequent Recoveries collected after the Closing Date to such Distribution Date, in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Group I Mortgage Loans and the Group II Mortgage Loans;
(xxvii) the weighted average remaining term to maturity of the Mortgage Loans as of the first day of the calendar month preceding such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xxviii) [RESERVED]
(xxix) as of each Distribution Date, the number Floating Rate Certificate Carryover for each Class of Certificates (other than the Class X Certificates) and aggregate balance the portion of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information such Floating Rate Certificate Carryover that is attributable to the Certificateholders is limited fact that Applied Realized Loss Amounts are not allocated to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agreeClass A or Class R Certificates.
(b) On If so requested in writing or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date)as required by applicable law, the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within within a reasonable period of time after the end of each calendar year, the Trustee Securities Administrator shall make available on its website or cause to be furnished to each Person who at any time during the calendar year was a CertificateholderCertificateholder of record (and to the Certificate Insurer), a statement containing the information set forth in clauses (a)(i) and (a)(ii) of this Section 4.06 5.06 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee Securities Administrator pursuant to any requirements of the Code as from time to time in effect. Within a reasonable period of time after the end of each calendar year if requested in writing or required by applicable law, the Securities Administrator will prepare and deliver to each certificateholder of record during the previous calendar year, a statement containing information necessary to enable certificateholders to prepare their tax returns. The Securities Administrator will not be responsible for any errors, omissions or misstatements that may be incorporated in such statement.
(c) Upon filing with the Internal Revenue Service, the Securities Administrator shall furnish to the Holders of the Class R Certificate the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class R Certificate with respect to the following matters: the original projected principal and interest cash flows on the Closing Date on each Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(i) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(ii) The Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(iii) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(iv) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the REMICs with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(v) The amount and timing of any non-interest expenses of the REMICs; and
(vi) Any taxes (including penalties and interest) imposed on the REMICs, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The Securities Administrator shall only be required to provide the information pursuant to clauses (i), (ii) and (iii) above if such information is provided to the Securities Administrator by the Depositor.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Terwin Mortgage Trust, Series TMTS 2005-12alt)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr https://www.corporatetrust.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx Master Servicer and the Depositor Xxxxxx Xxxxxxxx xxx xxx Xxxxxxxxx a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and[reserved];
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date, by Loan Group and in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date;
(xx) the availabilityaggregate amount of Net Deferred Interest on the Mortgage Loans for the related Due Date, timeliness by Loan Group and accuracy in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the cumulative amount of Net Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date; and
(xxi) the aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2004-Ar5)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr www.corporatetrust.db.com to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, the Master Xxxxxxxx xxx Master Servicer and the Depositor xxx Xxxxxxxxr a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such the following Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. .
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(bc) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.V hereto.
(cd) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2002-A16)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and[reserved];
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date, by Loan Group and in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date;
(xx) the availabilityaggregate amount of Net Deferred Interest on the Mortgage Loans for the related Due Date, timeliness by Loan Group and accuracy in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the cumulative amount of Net Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date; and
(xxi) the aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2004-Ar8)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date;
(xviii) the amount received by the Trustee pursuant to each Interest Rate Cap Agreement from the Cap Counterparty with respect to that Distribution Date; and
(xviiixix) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 4.02A and Section 4.02B and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.IV.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac INDX Mortgage Loan Trust 2004-Ar9)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties (and market value, if available) in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and the Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses incurred in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing ; and
(xix) the above information amount paid to the Certificateholders is limited Class 1-A-5, Class 2-A-1 and Class 2-A-10 Certificates from the related Yield Maintenance Reserve Fund pursuant to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agreeapplicable Yield Maintenance Agreement.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust 2005-A15)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx at: http://www.apps.gis.deutsche-bank.xxx/xxxx xxx xxxx Xxxxxxxxxxxxxxxxx, xxx Rating Agencies, the Master Servicer Servicer, and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the 4the Pool Stated Principal Balance for the following Distribution Date;
(vi) each 1the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Master Servicing Fees and Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the related Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2002 A2j)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and the Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans; and
(xix) the aggregate Stated Principal Balance of the Mortgage Loans that became Liquidated Mortgage Loans in the prior month and since the Cut-off Date (in each case immediately prior to the Stated Principal Balance being reduced to zero). The Trustee's ’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDB Mortgage Loan Trust 2005-1)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. .
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(bc) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.V hereto.
(cd) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust 2003-A6)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr www.corporatetrust.db.com to eaxx each Xxxxxxxxxxxxxxxxx, xxx Master Servicer Xaster Servicer, Ambac and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance, Component Balance or Notional Amount of each Class of Certificates or Components after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance and Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such the following Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;; and
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviiii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. .
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(bc) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.V hereto.
(cd) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2002-A14j)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr https://www.corporatetrust.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificaxxxxxxxx, xxx Master Servicer and the Xxxxxx Xxxxxxxx xxx xxx Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date; and
(xx) the availability, timeliness and accuracy aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2004-Ar1)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available post on its website at https://www.tss.db.com/invr xxx.xxxxxxxx.xxx/xxx, which posting shall be accessible to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx Master Servicer and the Servicer, the Depositor and each Rating Agency, a statement for setting forth with respect to the related distribution of:(provided, however, that each Certificateholder, upon request to the Trustee, shall be entitled to receive from the Trustee a paper copy of such statement if such Certificateholder is unable to access the Trustee’s website):
(i) the applicable Record Date, Determination Date and Distribution Date;
(ii) the amount of the distribution thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments in full, partial Principal Prepayments and Liquidation Proceeds included therein;
(iiiii) the amount of the distribution thereof allocable to interest, any Class Unpaid Interest Amounts Amount included in the such distribution and any remaining Class Unpaid Interest Amounts Amount after giving effect to the such distribution;
(iiiiv) if the distribution to the Holders of any a Class of Certificates is less than the full amount that would be distributable to them such Holders if there were sufficient funds were availableavailable therefor, the amount of the shortfall and the allocation of the shortfall thereof as between principal and interest;
(ivv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following such Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage the Pool Principal Balance for the following Distribution Date;
(vii) the amount of the Servicing Fees Fee paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the such Distribution Date;
(viii) the Pass-Through Rate for each Class of Offered Certificates as of the day before the preceding with respect to such Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the such Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the such Distribution Date;
(x) the amount of the Trustee Fee paid to or retained by the Trustee with respect to such Distribution Date, any other fees or expenses paid from the assets of the Trust Fund, and the identity of the party receiving such fees or expenses;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent contractually past due (assuming 30 day months) (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, days (2) 31 to 60 days, days (3) 61 to 90 days, days and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, days (2) 31 to 60 days, days (3) 61 to 90 days, days and (4) 91 or more days, as of the close of business on the last day of the calendar month immediately preceding the such Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage such Loan as of the close of business on the Determination Date last day of the Prepayment Period preceding the such Distribution Date and the date of acquisition thereof;
(xivxiii) (A) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination last day of the Prepayment Period preceding such Distribution Date preceding and (B) the Distribution Datetotal number and cumulative principal balance of any Liquidated Loans (prior to the reduction of the principal balance of any such Liquidated Loan to zero);
(xiv) the amount equal to the sum of the Stated Principal Balances of the three Loans with the largest individual Stated Principal Balances;
(xv) with respect to each Senior Prepayment Percentage Class of Offered Certificates, the amount of the Net WAC Cap Carryover to be paid to such Class from the Net WAC Cap Account and Subordinated Prepayment Percentage for such Distribution Datethe amount remaining unpaid;
(xvi) the aggregate amount principal balance of Realized Losses Balloon Loans with original terms less than or equal to 36 months which are 60 or more days contractually past due (assuming 30 day months) (including Loans in each Loan Group foreclosure and in REO Properties) on the aggregate incurred and Subsequent Recoveries, if any, received during last day of the preceding calendar month and aggregate Realized Losses through immediately preceding such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case cumulative aggregate amount of Realized Losses as of the last day of the Prepayment Period preceding such Distribution Date;
(xviii) the amount (a) if any, of Net Swap Payments and Swap Termination Payments and (b) of funds withdrawn from the Swap Account (for each Class of Offered Certificates) and included in such distribution and the outstanding balance of the Swap Account (and the amounts available for each Class of Offered Certificates), after giving effect to such distribution;
(xix) the number of Loans repurchased by Sellers during the Due Period related Determination to such Distribution Date;
(xx) the weighted average Mortgage Rate of the Outstanding Loans, such weighted average to be calculated based on the principal balances of such Outstanding Loans on the first day of the Due Period related to such Distribution Date;
(xxi) the weighted average maturity date of the Outstanding Loans;
(xxii) the Targeted Overcollateralization Amount after giving effect to such distribution;
(xxiii) the amount of any Overcollateralization Release Amount included in the distribution on such Distribution Date;
(xxiv) the cumulative amount of Realized Losses from the Cut-off Date through the last day of the Due Period relating to such Distribution Date;
(xxv) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date;
(xxvi) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the Cut-off Date Pool Principal Balance;
(xxvii) the aggregate amount of 60+ Day Delinquent Loans as a percentage of the current Pool Principal Balance and the six-month rolling average of 60+ Day Delinquent Loans;
(xxviii) the amount of funds deposited in or withdrawn from the Final Maturity Reserve Fund on such Distribution Date, and the outstanding balance of the Final Maturity Reserve Fund, after giving effect thereto;
(xxix) the amount of Recoveries collected during the Prepayment Period relating to such Distribution Date;
(xxx) the cumulative amount of Recoveries collected as of such Distribution Date;
(xxxi) any material modifications, extensions or waivers to the terms of the Loans during the Due Period relating to such Distribution Date, or which have cumulatively become material over time;
(xxxii) any material breaches under this Agreement (including breaches of the representations and warranties set forth in Schedules IIA through IIE, IIX or IIIA through IIIE);
(xxxiii) whether the Optional Termination Date or the Stepdown Date has occurred;
(xxxiv) the Senior Enhancement Percentage for such Distribution Date; and
(xviiixxxv) with respect to the second Distribution Date, amount of funds withdrawn from the number Cap Account (for each Class of Offered Certificates) and aggregate included in such distribution and the outstanding balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in Cap Account (and the definition amounts available for each Class of Delay Delivery Mortgage Loans. Offered Certificates), after giving effect to such distribution.
(b) The Trustee's ’s responsibility for disbursing posting the above information to the Certificateholders on its website is limited to the availability, timeliness and accuracy of the information derived from provided by the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end 18th day of each Prepayment Period (but calendar month, commencing in no event later than the third month of the first Distribution Date hereunder, or if such day is not a Business Day prior to the related Distribution Date)Day, the Master next succeeding Business Day, the Servicer shall deliver to the Trustee a report, in a form acceptable to the Trustee, containing all of the necessary information for the Trustee to complete items (ii), (vi), (vii), (ix)-(xiv), (xvi), (xvii), (xix)-(xxi), (xxiv), (xxvii), (xxix) and (xxx)-(xxxii) of the statement described in (a) above. The Trustee shall be responsible for obtaining the necessary information to complete items (i), (iii), (iv), (v), (viii), (x), (xv), (xviii), (xxii), (xxiii), (xxv), (xxvi), (xxviii) and (xxxii)-(xxxv) of the statement described in (a) above. Notwithstanding the foregoing, (i) with respect to item (xxxii), each of the Servicer and the Trustee shall only be responsible for reporting the events described in such item with respect to itself and for which delivery may it has received notice thereof in compliance with the applicable provisions of this Agreement (including, without limitation, Sections 8.02(viii) and 10.05(b)) and (ii) with respect to item (x), the Servicer shall only be by electronic data transmission) a report in substantially responsible for providing the form set forth as Schedule V.specified information with respect to any amounts payable to it under this Agreement from assets of the Trust Fund.
(c) Within a reasonable period of time after the end of each calendar year, but in no case later than the time prescribed by the Code and applicable Treasury regulations, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ia)(ii), (a)(iii), (a)(viii) and (a)(iia)(xx) of this Section 4.06 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) The Trustee shall report such other information on the statement described in (a) above as the Depositor, the Servicer and the Trustee may agree in writing from time to time in order to facilitate the Depositor’s compliance with Regulation AB. The Servicer and the Trustee shall cooperate in order to determine the appropriate party responsible for the provision of such other information within the time periods specified in clause (b) above.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2006-D)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency and make available to Certificateholders on its the Trustee's website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor (hxxx://xxx.xxxxxxxxxxxxxxxxxxxxx.xxx) a statement for generally setting forth the related distribution of:information contained in Exhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By The Trustee shall send a copy of each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made statement provided pursuant to this Section 4.02 and any other information on which the Master Servicer 4.05 to each Rating Agency and the NIM Insurer. The Trustee mutually agreemay make the above information available to Certificateholders via the Trustee's website at hxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3) and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2006-3)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx http://www-apps.gis.deutsche-bank.com/invr for exxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Xxxxxx Xxxxxxxx, the Rating Agencies, and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Master Servicing Fees and Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiivii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ixviii) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(xix) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xix) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixi) for each of the preceding 12 calendar months, or all calendar months since the related Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiiixii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xivxiii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xiv) whether a Trigger Event has occurred and is continuing (including the calculation of thereof and the aggregate outstanding balance of all 60+ Day Delinquent Loans);
(xv) each Senior Prepayment Percentage the amounts on deposit in both the Carryover Reserve Fund and Subordinated Prepayment Percentage for such Available Funds Cap Reserve Fund (after giving effect to distributions on the Distribution Date);
(xvi) the amount received under the Yield Maintenance Agreement;
(xvii) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such the Distribution Date;
(xviixviii) the Special Hazard Loss Coverage Amount, amount of any Net Monthly Excess Cash Flow on the Fraud Loss Coverage Amount Distribution Date and the Bankruptcy Loss Coverage Amount, in each case as of allocation thereof to the related Determination Date; andCertificateholders with respect to Applied Realized Losses and Unpaid Interest Shortfall Amounts;
(xviiixix) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. ;
(xx) the Overcollateralized Amount; and
(xxi) Prepayment Charges collected, waived and paid by Master Servicer.
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) ), (a)(ii), and (a)(iia)(vii) of this Section 4.06 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Securitization Tr 2002-A7)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xxx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Servicer, the Rating Agencies, and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiivii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ixviii) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(xix) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xix) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixi) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiiixii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xivxiii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xiv) whether a Trigger Event has occurred and is continuing (including the calculation of thereof and the aggregate outstanding balance of all 60+ Day Delinquent Loans);
(xv) the amounts on deposit in each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Carryover Reserve Fund (after giving effect to distributions on the Distribution Date);
(xvi) the amount due and the amount received under each Yield Maintenance Agreement;
(xvii) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such the Distribution Date;
(xviixviii) the Special Hazard Loss Coverage Amount, amount of any Net Monthly Excess Cash Flow on the Fraud Loss Coverage Amount Distribution Date and the Bankruptcy Loss Coverage Amount, in each case as of allocation thereof to the related Determination Date; andCertificateholders with respect to Applied Realized Losses and Unpaid Interest Shortfall Amounts;
(xviiixix) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. ;
(xx) the Overcollateralized Amount; and
(xxi) Prepayment Charges collected, waived and paid by Master Servicer.
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) ), (a)(ii), and (a)(iia)(vii) of this Section 4.06 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee Trust Administrator shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Servicer, the Master Servicer and Servicer, the Trustee, the Depositor and each Rating Agency a statement for setting forth the following with respect to the related distribution ofMortgage Loan Pool and with respect to the related distribution:
(i) the amount of the distribution thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution thereof allocable to interest, any Class Unpaid Interest Amounts included in the such distribution and any remaining Class Unpaid Interest Amounts after giving effect to such distribution, any Net WAC Rate Carryover Amount for such Distribution Date and the distributionamount of all Net WAC Rate Carryover Amount covered by withdrawals from the Net WAC Rate Carryover Reserve Account on such Distribution Date;
(iii) if the distribution to the Holders of any such Class of Certificates is less than the full amount that would be distributable to them such Holders if there were sufficient funds were availableavailable therefor, the amount of the shortfall and the allocation of the shortfall thereof as between principal and interest, including any Net WAC Rate Carryover Amount not covered by amounts in the Net WAC Rate Carryover Reserve Account;
(iv) the Class Certificate Principal Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the such Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or any Subservicer (with respect to the Subservicers, in the aggregate) and with respect to such Distribution Date;
(vii) the amounts amount of any additional servicing compensation received the Master Servicing Fees to be paid to or retained by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the such Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as amount of the day before Custodial Fee, if any, to be paid to or retained by the preceding Trust Administrator with respect to such Distribution Date;
(ix) the Pass-Through Rate for each such Class of Certificates, if adjusted from the date of the last monthly statement, expected Certificates with respect to be applicable on the next such Distribution Date;
(x) the amount of P&I Advances included in the distribution on the such Distribution Date and the aggregate amount of P&I Advances reported by the Servicer as outstanding as of the close of business on the Determination Date immediately preceding such Distribution Date;; Fremont 2006-B Pooling & Servicing Agreement
(xi) the number and aggregate outstanding principal amounts balances of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 as to 30 which the Scheduled Payment is delinquent 31 to 60 days, 61 to 90 days and 91 or more days, (2) 31 to 60 daysthat have become REO Property, (3) 61 to 90 days, that are in foreclosure and (4) 91 or more days and (B) that are in foreclosure and delinquent (1) 1 to 30 daysbankruptcy, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, in each case as of the close of business on the last day Business Day of the calendar month immediately preceding the Distribution Datemonth;
(xii) for For each of the preceding 12 calendar months, or all calendar months since the related Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
and (B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any all Mortgage Loan Loans that became an REO Property Properties during the preceding calendar month, the loan aggregate number of such Mortgage Loans and the aggregate Stated Principal Balance of the such Mortgage Loan Loans as of the close of business on the Determination Date preceding the such Distribution Date and on the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the such Distribution Date;
(xv) each Senior Prepayment Percentage whether a Trigger Event has occurred and Subordinated Prepayment Percentage for such Distribution Dateis continuing (including the calculation thereof and the aggregate outstanding balance of all 60+ Day Delinquent Mortgage Loans);
(xvi) the amount on deposit in the Net WAC Rate Carryover Reserve Account (after giving effect to distributions on such Distribution Date);
(xvii) the aggregate amount of Applied Realized Losses in each Loan Group and in the aggregate Loss Amounts incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Applied Realized Losses Loss Amounts through such Distribution Date;
(xviixviii) the Special Hazard amount of any Net Monthly Excess Cash Flow on such Distribution Date and the allocation thereof to the Certificateholders with respect to Applied Realized Loss Coverage Amount, Amounts and Unpaid Interest Amounts;
(xix) the Fraud Loss Coverage Overcollateralized Amount and Overcollateralization Target Amount;
(xx) Prepayment Premiums collected by the Bankruptcy Loss Coverage AmountServicer;
(xxi) the Net Swap Payments, in each case as of the related Determination if any, for such Distribution Date; and
(xviiixxii) the amount distributed on the Class C Certificates (with respect to the second Distribution DatePool I Mortgage Loans) and the Class SL-C Certificates (with respect to the Pool II Mortgage Loans). Fremont 2006-B Pooling & Servicing Agreement
(b) The Trust Administrator’s responsibility for providing the above statement to the Certificateholders, each Rating Agency, the number Servicer, the Master Servicer, the Originator and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders Depositor is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer, the Pool I Swap Provider and the Pool II Swap Provider. The Trust Administrator will make the above statement available via the Trust Administrator’s internet website. The Trust Administrator’s website will initially be located at hxxx://xxx.xxxxxxx.xxx and assistance in using the website can be obtained by calling the Trust Administrator’s customer service desk at 1-000-000-0000. Parties that are unable to use the above distribution method are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Trust Administrator shall have the right to change the manner in which the above statement is distributed in order to make such distribution more convenient and/or more accessible, and the Trust Administrator shall provide timely and adequate notification to the Certificateholders and the parties hereto regarding any such changes. The Trust Administrator shall also be entitled to rely on, but shall not be responsible for the content or accuracy of, any information provided by the Servicer for purposes of preparing the above statement and may affix thereto any disclaimer it deems appropriate in its reasonable discretion (without suggesting liability on the part of any other party hereto). Upon written request from any Certificateholder, the Trust Administrator shall provide the information provided for in Sections 4.03(d) to such Certificateholder, at the expense of the requesting Certificateholder. The Trust Administrator’s responsibility for providing the information provided for in Sections 4.03(d) to the Certificateholders is limited to the availability and timeliness of the information provided by the Servicer. By each Determination Date the Master Servicer The Trust Administrator shall provide to the Trustee in electronic form the information needed provided for in Sections 4.03(d) in the same format as received from the Servicer upon request by the Certificateholders. The Trust Administrator shall have no duty or obligation to determine the distributions to be made monitor, review or take any action regarding such information received pursuant to Section 4.02 and any 4.03(d) other information on which than forwarding copies to Certificateholders. The Trust Administrator shall have no liability for the Master Servicer and the Trustee mutually agreeaccuracy, completeness or otherwise for such information.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within Upon request, within a reasonable period of time after the end of each calendar year, the Trustee Trust Administrator shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) of this Section 4.06 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee Trust Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee Trust Administrator pursuant to any requirements of the Code as are from time to time in effect.
(d) Not later than the Reporting Date, the Servicer shall furnish to the Trust Administrator and the Master Servicer a monthly remittance advice statement (in a format mutually agreed upon by the Servicer and the Trust Administrator) containing such information as shall be reasonably requested by the Trust Administrator to provide the reports required by Section 4.03(a) as to the accompanying remittance and the period ending on the close of business on the last Business Day of the immediately preceding month (the “Servicer Remittance Report”). Fremont 2006-B Pooling & Servicing Agreement The Servicer shall furnish to the Trust Administrator an individual loan accounting report, as of the last Business Day of each month, to document Mortgage Loan payment activity on an individual Mortgage Loan basis. With respect to each month, the corresponding individual loan accounting report (in electronic format) shall be received by the Trust Administrator no later than the Reporting Date, which report shall contain the following:
(i) with respect to each Scheduled Payment, the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the date of such prepayment, and any Prepayment Premiums, along with a detailed report of interest on principal prepayment amounts remitted in accordance with Section 3.25);
(ii) with respect to each Scheduled Payment, the amount of such remittance allocable to interest;
(iii) the amount of servicing compensation received by the Servicer during the prior distribution period;
(iv) the individual and aggregate Stated Principal Balance of the Mortgage Loans in each Mortgage Loan Pool;
(v) the aggregate of any expenses reimbursed to the Servicer during the prior distribution period pursuant to Section 3.11;
(vi) the number and aggregate outstanding principal balances of Mortgage Loans in each Mortgage Loan Pool (a) delinquent (1) 31 to 60 days, (2) 61 to 90 days, or (3) 91 days or more; (b) as to which foreclosure has commenced; and (c) as to which REO Property has been acquired;
(vii) each Mortgage Loan which has been altered, modified or varied during such month, and the reason for such modification (i.e., extension of maturity date, Mortgage Interest Rate);
(viii) with respect to each Mortgage Loan, the amount of any Realized Losses for such Mortgage Loan; and
(ix) any other information reasonably required by the Trust Administrator to enable it to prepare the monthly statement referred to in Section 4.03(a).
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-B)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx xxxx Xxxxxxxxxxxxxxxxx, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each the Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xviii) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date, and the amount of Net Deferred Interest allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Deferred Interest on the Mortgage Loans and the amount of Net Deferred Interest allocated to each Class of Certificates through such Distribution Date; and
(xix) the availability, timeliness and accuracy aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac INDX Mortgage Loan Trust 2004-Ar12)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance, Component Principal Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and[reserved];
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date and the cumulative amount of Deferred Interest on the Mortgage Loans through such Distribution Date;
(xx) the aggregate amount of Net Deferred Interest on the Mortgage Loans for the Distribution Date and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Net Deferred Interest on the Mortgage Loans allocated to each Class of Certificates through such Distribution Date; and
(xxi) the availability, timeliness and accuracy aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar10)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency and make available to Certificateholders on its the Trustee's website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor (http://www.bnyinvestorreporting.com) a statement for the related distribution of:generally setting xxxxx xxx xxxxxxxxxxx xxxxxxxxx xx Exhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By The Trustee shall send a copy of each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made statement provided pursuant to this Section 4.02 and any other information on which the Master Servicer 4.05 to each Rating Agency and the NIM Insurer. The Trustee mutually agreemay make the above information available to Certificateholders via the Trustee's website at http://www.bnyinvestorreporting.com.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end reasxxxxxx xxxxxx xx xxxx xxxxx xxx xxx of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created 110 hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3) and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2006-Abc1)
Monthly Statements to Certificateholders. (a) Not later than each Distribution DateDate based solely on information provided by the Servicing Administrator or the Servicer pursuant to Section 3.24, as applicable, the Trustee Securities Administrator shall prepare and make available on its website located at https://www.tss.db.com/invr www.jpmorgan.com/sfr to eaxx Xxxxxxxxxxxxxxxxxeach Holder of a Class of Certificates of the Xxxxx Xxxx, xxx Master Servicer Xxxvicing Administrator, the Trustee, the Certificate Insurer, the Credit Risk Manager, the Rating Agency and the Depositor a statement setting forth for the related distribution ofeach $1,000 principal amount of Certificates:
(i) the amount of the related distribution to Holders of each Class allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein, (B) the aggregate of all scheduled payments of principal included therein and (C) the Extra Principal Distribution Amount, if any;
(ii) the amount of the such distribution to Holders of each Class allocable to interest, together with any Class Unpaid Non-Supported Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect Shortfalls allocated to the distributioneach Class;
(iii) if the distribution to the Holders of any Interest Carry Forward Amount for each Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interestCertificates;
(iv) the Class Certificate Principal Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of all distributions allocable to principal on the such Distribution Date;
(v) the Pool Stated Principal Balance aggregate outstanding principal balance of each Class of Certificates for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage the Pool Stated Principal Balance for the following such Distribution Date;
(vii) the related amount of the Aggregate Servicing Fees Fee, the Servicing Fee paid to or retained by the Master Servicer or Subservicer (with respect Servicer, the amount of the Securities Administrator Fee paid to the SubservicersSecurities Administrator, in the aggregate) amount of the Credit Risk Manager Fee paid to the Credit Risk Manager and the amounts amount of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect Certificate Insurer Premium paid to the Distribution DateCertificate Insurer;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding for such Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the such Distribution Date;
(x) [RESERVED];
(xi) the aggregate amount of reimbursement to the Servicer of Non-Recoverable Advances previously made;
(xii) the aggregate amount of recovery to the Trust Fund of reimbursement previously deemed non-recoverable;
(xiii) the cumulative amount (in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans) of (A) Realized Losses, (B) Applied Realized Loss Amounts to date and (C) Unpaid Realized Loss Amounts;
(xiv) the amount (in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans) of (A) Realized Losses and (B) Applied Realized Loss Amounts with respect to such Distribution Date;
(xv) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent Delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, days and (4) 91 or more 120 days and (B) to include such Delinquent Mortgage Loans which are also in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, bankruptcy as of the close of business on the last day of the calendar month preceding the such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xiixvi) for each the number and aggregate principal amounts of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans that were in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan bankruptcy as of the close of business on the Determination Date last day of the calendar month preceding such Distribution Date, in the Distribution Date aggregate and with respect to the Group I Mortgage Loans and the date of acquisition thereofGroup II Mortgage Loans;
(xivxvii) the number and aggregate principal amounts of Mortgage Loans that were in foreclosure as of the close of business on the last day of the calendar month preceding such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xviii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination last day of the calendar month preceding such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xix) whether a Trigger Event has occurred;
(xx) with respect to each Class of the Class A, Class B and Class M Certificates any Floating Rate Certificate Carryover with respect to such Distribution Date for each such Class, any Floating Rate Certificate Carryover paid for each such Class and any remaining Floating Rate Certificate Carryover for each such Class;
(xxi) the amount distributed as interest to each Class of Certificates attributable to a regular interest in a REMIC and the amount distributed to each Class of Certificates not attributable to a regular interest in a REMIC;
(xxii) the number and aggregate Stated Principal Balance of all Subsequent Mortgage Loans added during the preceding Due Period;
(xxiii) any amounts distributed as Excess Interest to the Distribution Class A, Class M or Class B Certificates;
(xxiv) the number and aggregate Stated Principal Balance of Mortgage Loans for which prepayment penalties were received during the related Prepayment Period and, for each such Mortgage Loan, the amount of prepayment penalties received during the related Prepayment Period and in the aggregate of such amounts for all such Mortgage Loans since the Cut-off Date;
(xvxxv) each Senior the current and cumulative number and amount of prepayment penalties and the current and cumulative amount of late payment fees received during the related Prepayment Percentage Period;
(xxvi) the total number and Subordinated Prepayment Percentage for principal balance of any Mortgage Loans that were repurchased during the calendar month preceding such Distribution Date and the total number and principal balance of any Mortgage Loans that were repurchased from the Closing Date to such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xvixxvii) the aggregate amount of Realized Losses in each Loan Group Subsequent Recoveries for such Distribution Date and the aggregate amount of Subsequent Recoveries collected after the Closing Date to such Distribution Date, in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Group I Mortgage Loans and the Group II Mortgage Loans;
(xxviii) the weighted average remaining term to maturity of the Mortgage Loans as of the first day of the calendar month preceding such Distribution Date, in the aggregate and with respect to the Group I Mortgage Loans and the Group II Mortgage Loans;
(xxix) [RESERVED]
(xxx) as of each Distribution Date, the number Floating Rate Certificate Carryover for each Class of Certificates (other than the Class X Certificates) and aggregate balance the portion of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information such Floating Rate Certificate Carryover that is attributable to the Certificateholders is limited fact that Applied Realized Loss Amounts are not allocated to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agreeClass A or Class R Certificates.
(b) On If so requested in writing or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date)as required by applicable law, the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within within a reasonable period of time after the end of each calendar year, the Trustee Securities Administrator shall make available on its website or cause to be furnished to each Person who at any time during the calendar year was a CertificateholderCertificateholder of record (and to the Certificate Insurer), a statement containing the information set forth in clauses (a)(i) and (a)(ii) of this Section 4.06 5.06 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee Securities Administrator pursuant to any requirements of the Code as from time to time in effect. Within a reasonable period of time after the end of each calendar year if requested in writing or required by applicable law, the Securities Administrator will prepare and deliver to each certificateholder of record during the previous calendar year, a statement containing information necessary to enable certificateholders to prepare their tax returns. The Securities Administrator will not be responsible for any errors, omissions or misstatements that may be incorporated in such statement.
(c) Upon filing with the Internal Revenue Service, the Securities Administrator shall furnish to the Holders of the Class R Certificate the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class R Certificate with respect to the following matters: the original projected principal and interest cash flows on the Closing Date on each Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(i) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(ii) The Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(iii) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(iv) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the REMICs with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(v) The amount and timing of any non-interest expenses of the REMICs; and
(vi) Any taxes (including penalties and interest) imposed on the REMICs, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The Securities Administrator shall only be required to provide the information pursuant to clauses (i), (ii) and (iii) above if such information is provided to the Securities Administrator by the Depositor.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Terwin Mortgage Trust, Series TMTS 2005-14he)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2004-Ar4)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available to each Certificateholder, the Master Servicer, the Depositor, the NIM Insurer, and each Rating Agency on its Internet website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution, any Net WAC Cap CarryForward Amount for the Distribution Date, and the amount of all Net WAC Cap Carry Forward Amount covered by withdrawals from the Excess Reserve Fund Account or the Yield Maintenance Account is the case of the Class AV Certificates on the Distribution Date;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest, including any Net WAC Cap CarryForward Amount not covered by amounts in the Excess Reserve Fund Account or the Yield Maintenance Account is the case of the Class AV Certificates;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution DateBalance;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Master Servicing Fees and Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiivii) the Pass-Through Rate for each Class of Certificates as of with respect to the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(xviii) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xiix) the number and aggregate principal amounts outstanding balance of Mortgage Loans in each Loan Group and in as of the aggregate end of the preceding calendar month
(A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, (3) 61 to 90 89 days, and (43) 91 90 or more days and and
(B) in foreclosure and delinquent (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, (3) 61 to 90 89 days, and (43) 91 90 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiix) for each of the preceding 12 calendar months, or all calendar months since the related Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and on the Due Date in the aggregate on each of the Due Dates in each such month and
and (B) delinquent 60 days or more (determined in the same manner as for determining Scheduled Payment delinquencies that result in a Mortgage Loan being a 60+ Day Delinquent Loan) on each of the Due Dates Date in each such the month;
(xiiixi) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xivxii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xiii) whether a Trigger Event has occurred and is continuing (including the calculation of thereof and the aggregate outstanding balance of all 60+ Day Delinquent Loans);
(xiv) the amount on deposit in the Excess Reserve Fund Account (after giving effect to distributions on the Distribution Date);
(xv) each Senior Prepayment Percentage the aggregate amount of Applied Realized Loss Amounts incurred during the preceding calendar month and Subordinated Prepayment Percentage for such aggregate Unpaid Realized Loss Amounts through the Distribution Date;
(xvi) the aggregate amount of any Total Monthly Excess Cash Flow on the Distribution Date and the allocation thereof to the Certificateholders with respect to Unpaid Realized Losses in each Loan Group Loss Amounts and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution DateUnpaid Interest Amounts;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans;
(xviii) the amount received under the Yield Maintenance Agreement;
(xix) the Subordinated Amount and Required Subordinated Amount; and
(xx) Prepayment Charges collected, waived, and paid by the Master Servicer. For the purposes of determining delinquency periods in reporting under (ix) above, for any monthly statement a Mortgage Loan's delinquency period shall be determined as of the Due Date falling in the month in which the monthly statement is provided and a Mortgage Loan is first delinquent only after the first Due Date following the Due Date for which any part of a Scheduled Payment has not been paid, and each calendar month shall be treated as having 30 days. Thus, for the July monthly statement a Mortgage Loan whose June Due Date payment has not been paid by the July Due Date is not delinquent. On the day after the July Due Date it would be one day delinquent. A Mortgage Loan whose May Due Date payment has not been paid by the July Due Date is 30 days past due as of the July Due Date, and would be reported as such in the July monthly statement. If the statement is not accessible to any of the Certificateholders, the Master Servicer, the Depositor, the NIM Insurer, or any Rating Agency on the Trustee's Internet website, the Trustee shall forward a hard copy of it to each Certificateholder, the Master Servicer, the Depositor, the NIM Insurer, and each Rating Agency immediately after the Trustee becomes aware that it is not accessible to any of them via its website. The address of the Trustee's Internet website where the statement will be accessible is http://www-apps.gis.deutsche-bank.com/invr. Assistance in using thx Xxxxxxx'x Xxxxxxxx xxxxxxx xxx xx xxxxxxed by calling the Trustee's customer service desk at (800) 735-7777. The Trustee shall notify each Certificateholder, txx Xxxxxx Xxxxicer, the Depositor, the NIM Insurer, and each Rating Agency in writing of any change in the address or means of access to the Internet website where the statement is accessible.
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness timeliness, and accuracy of the information derived from the Master Servicer. The Trustee is not responsible for any inaccuracies in or caused by the data provided by the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and 3.09(b)(ii) and any other information on which that the Master Servicer and the Trustee mutually agreeagree on.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) ), (a)(ii), and (a)(iia)(vii) of this Section 4.06 4.03 aggregated for such the calendar year or applicable portion thereof during which such the Person was a Certificateholder. Such Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to the NIM Insurer, a statement containing the information in clauses (a)(i), (a)(ii), and (a)(vii) of this Section 4.03 aggregated for the calendar year. This obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indy Mac Abs Inc Home Equity Mor Ln as Bk Tr Ser SPMD 2002-A)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx http://www.corporatetrust.db.com xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Servicer, and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the related Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such the following Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;; and
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. .
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(bc) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.V hereto.
(cd) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2002 A9)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxx://xxx.xxxxxxxxxxxxxx.xx.xxx to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer Servicer, and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the related Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2002-A10)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac MBS, Inc. Residential Asset Securitization Trust 2005-A6cb)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available cause to be forwarded by first class mail to each Certificateholder, the Servicer, the Master Servicer, the Depositor and the Rating Agency a statement setting forth with respect to the related distribution and may post such statement on its website located at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of"xxx.xxxxxxxxxxxx.xxx":
(i) the amount of the distribution thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution thereof allocable to interest, the amount of any Class Unpaid Compensating Interest Amounts included in the such distribution and any remaining Class Unpaid Net Interest Amounts Shortfalls after giving effect to the such distribution;
(iii) if the distribution to the Holders of any such Class of Certificates is less than the full amount that would be distributable to them such Holders if there were sufficient funds were availableavailable therefor, the amount of the shortfall and the allocation of the shortfall thereof as between principal and interest;
(iv) the Class Certificate Principal Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the such Distribution Date;
(v) the Pool Component Principal Balance of each Component after giving effect to the distribution of principal on such Distribution Date;
(vi) the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group for the following Distribution Date;
(vivii) each the Senior Percentage, the Subordinate Percentage, the Subordinate Class Percentage and each Subordinated the Subordinate Component Percentage for the following Distribution Date;
(viiviii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding such Distribution Date;
(ix) the Pass-Through Rate for each such Class of Certificates, if adjusted from the date of the last monthly statement, expected Certificates with respect to be applicable on the next such Distribution Date;
(x) the amount of Advances included in the distribution on the such Distribution Date and the aggregate amount of Advances for the related Loan Group outstanding as of the close of business on the such Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each the related Loan Group and in the aggregate that are (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, days (2) 31 to 60 days, days (3) 61 to 90 days, days and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, days (2) 31 to 60 days, days (3) 61 to 90 days, days and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the such Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan in the related Loan Group that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the such Mortgage Loan as of the close of business on the Determination Date preceding the such Distribution Date and the date of acquisition thereof;
(xivxiii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) with respect to the related Loan Group as of the close of business on the Determination Date preceding such Distribution Date;
(xiv) the Senior Prepayment Percentage for the related Certificate Group for the following Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Datethe aggregate amount of Realized Losses incurred in respect of the related Loan Group during the preceding calendar month;
(xvi) the aggregate cumulative amount of Realized Losses applied in each Loan Group and in reduction of the aggregate incurred and Subsequent Recoveries, if any, received during principal balance of such Class of Certificates since the preceding calendar month and aggregate Realized Losses through such Distribution Closing Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage AmountAmount with respect to the related Loan Group, in each case as of the related Determination Date;
(xviii) the Subordination Level for the related Components for such Distribution Date; and
(xviiixix) with respect to the second Writedown Amount, if any, for such Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. .
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from provided by the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(bc) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.IV hereto.
(cd) Within a reasonable period of time (consistent with applicable law) after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(viii) of this Section 4.06 4.5, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder, so that such Certificateholder may use such information in connection with the preparation of its annual income tax return for such calendar year. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (First Horizon Asset Securities Inc)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx http://www.corporatetrust.db.com xxx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Servicer, the Rating Agencies, and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Master Servicing Fees and Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiivii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ixviii) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(xix) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xix) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixi) for each of the preceding 12 calendar months, or all calendar months since the related Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiiixii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xivxiii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xiv) whether a Trigger Event has occurred and is continuing (including the calculation of thereof and the aggregate outstanding balance of all 60+ Day Delinquent Loans);
(xv) each Senior Prepayment Percentage the amounts on deposit in both the Carryover Reserve Fund and Subordinated Prepayment Percentage for such Available Funds Cap Reserve Fund (after giving effect to distributions on the Distribution Date);
(xvi) the amount due and the amount received under the Yield Maintenance Agreement;
(xvii) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such the Distribution Date;
(xviixviii) the Special Hazard Loss Coverage Amount, amount of any Net Monthly Excess Cash Flow on the Fraud Loss Coverage Amount Distribution Date and the Bankruptcy Loss Coverage Amount, in each case as of allocation thereof to the related Determination Date; andCertificateholders with respect to Applied Realized Losses and Unpaid Interest Shortfall Amounts;
(xviiixix) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. ;
(xx) the Overcollateralized Amount; and
(xxi) Prepayment Charges collected, waived and paid by Master Servicer.
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) ), (a)(ii), and (a)(iia)(vii) of this Section 4.06 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2002 A11)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar19)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency and make available to Certificateholders on its the Trustee's website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor (http://www.bnyinvestorreporting.com) a statement for the related distribution of:generally setting fxxxx xxx xxxxxxxxxxx xxxxxxxxx xx Xxhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By The Trustee shall send a copy of each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made statement provided pursuant to this Section 4.02 and any other information on which the Master Servicer 4.05 to each Rating Agency and the NIM Insurer. The Trustee mutually agreemay make the above information available to Certificateholders via the Trustee's website at http://www.bnyinvestorreporting.com.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each pxxxxx xx xxxx xxxxx xxx xxx xx xxxx calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same;
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3)and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2007-2)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.. 63
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2003-A13)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available post on its website at https://www.tss.db.com/invr www. wxx.xxx.xx.xxx/xxxx, which posting shall be accessible to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx Master Servicer and the Servicer, the Depositor and each Rating Agency, a statement for setting forth with respect to the related distribution of:(provided, however, that each Certificateholder, upon request to the Trustee, shall be entitled to receive from the Trustee a paper copy of such statement if such Certificateholder is unable to access the Trustee’s website):
(i) the applicable Record Date, Determination Date and Distribution Date;
(ii) the amount of the distribution thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments in full, partial Principal Prepayments and Liquidation Proceeds included therein;
(iiiii) the amount of the distribution thereof allocable to interest, any Class Unpaid Interest Amounts Amount included in the such distribution and any remaining Class Unpaid Interest Amounts Amount after giving effect to the such distribution;
(iiiiv) if the distribution to the Holders of any a Class of Certificates is less than the full amount that would be distributable to them such Holders if there were sufficient funds were availableavailable therefor, the amount of the shortfall and the allocation of the shortfall thereof as between principal and interest;
(ivv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following such Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage the Pool Principal Balance for the following Distribution Date;
(vii) the amount of the Servicing Fees Fee paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the such Distribution Date;
(viii) the Pass-Through Rate for each Class of Offered Certificates as of the day before the preceding with respect to such Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the such Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the such Distribution Date;
(x) the amount of the Trustee Fee paid to or retained by the Trustee with respect to such Distribution Date, any other fees or expenses paid from the assets of the Trust Fund, and the identity of the party receiving such fees or expenses;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent contractually past due (assuming 30 day months) (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, days (2) 31 to 60 days, days (3) 61 to 90 days, days and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, days (2) 31 to 60 days, days (3) 61 to 90 days, days and (4) 91 or more days, as of the close of business on the last day of the calendar month immediately preceding the such Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage such Loan as of the close of business on the Determination Date last day of the Prepayment Period preceding the such Distribution Date and the date of acquisition thereof;
(xivxiii) (A) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination last day of the Prepayment Period preceding such Distribution Date preceding and (B) the Distribution Datetotal number and cumulative principal balance of any Liquidated Loans (prior to the reduction of the principal balance of any such Liquidated Loan to zero);
(xiv) the amount equal to the sum of the Stated Principal Balances of the three Loans with the largest individual Stated Principal Balances;
(xv) with respect to each Senior Prepayment Percentage Class of Offered Certificates, the amount of the Net WAC Cap Carryover to be paid to such Class from the Net WAC Cap Account and Subordinated Prepayment Percentage for such Distribution Datethe amount remaining unpaid;
(xvi) the aggregate amount principal balance of Realized Losses Balloon Loans with original terms less than or equal to 36 months which are 60 or more days contractually past due (assuming 30 day months) (including Loans in each Loan Group foreclosure and in REO Properties) on the aggregate incurred and Subsequent Recoveries, if any, received during last day of the preceding calendar month and aggregate Realized Losses through immediately preceding such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case cumulative aggregate amount of Realized Losses as of the last day of the Prepayment Period preceding such Distribution Date;
(xviii) the amount (a) if any, of Net Swap Payments and Swap Termination Payments and (b) of funds withdrawn from the Swap Account (for each Class of Offered Certificates) and included in such distribution and the outstanding balance of the Swap Account (and the amounts available for each Class of Offered Certificates), after giving effect to such distribution;
(xix) the number of Loans repurchased by Sellers during the Due Period related Determination to such Distribution Date;
(xx) the weighted average Mortgage Rate of the Outstanding Loans, such weighted average to be calculated based on the principal balances of such Outstanding Loans on the first day of the Due Period related to such Distribution Date;
(xxi) the weighted average maturity date of the Outstanding Loans;
(xxii) the Targeted Overcollateralization Amount after giving effect to such distribution;
(xxiii) the amount of any Overcollateralization Release Amount included in the distribution on such Distribution Date;
(xxiv) the cumulative amount of Realized Losses from the Cut-off Date through the last day of the Due Period relating to such Distribution Date;
(xxv) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date;
(xxvi) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the Cut-off Date Pool Principal Balance;
(xxvii) the aggregate amount of 60+ Day Delinquent Loans as a percentage of the current Pool Principal Balance and the six-month rolling average of 60+ Day Delinquent Loans;
(xxviii) the amount of funds deposited in or withdrawn from the Final Maturity Reserve Fund on such Distribution Date, and the outstanding balance of the Final Maturity Reserve Fund, after giving effect thereto;
(xxix) the amount of Recoveries collected during the Prepayment Period relating to such Distribution Date;
(xxx) the cumulative amount of Recoveries collected as of such Distribution Date;
(xxxi) any material modifications, extensions or waivers to the terms of the Loans during the Due Period relating to such Distribution Date, or which have cumulatively become material over time;
(xxxii) any material breaches under this Agreement (including breaches of the representations and warranties set forth in Schedules IIA through IIE, IIX or IIIA through IIIE);
(xxxiii) whether the Optional Termination Date or the Stepdown Date has occurred;
(xxxiv) the Senior Enhancement Percentage for such Distribution Date; and
(xviiixxxv) with respect to the second Distribution Date, amount of funds withdrawn from the number Cap Account (for each Class of Offered Certificates) and aggregate included in such distribution and the outstanding balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in Cap Account (and the definition amounts available for each Class of Delay Delivery Mortgage Loans. Offered Certificates), after giving effect to such distribution.
(b) The Trustee's ’s responsibility for disbursing posting the above information to the Certificateholders on its website is limited to the availability, timeliness and accuracy of the information derived from provided by the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end 18th day of each Prepayment Period (but calendar month, commencing in no event later than the third month of the first Distribution Date hereunder, or if such day is not a Business Day prior to the related Distribution Date)Day, the Master next succeeding Business Day, the Servicer shall deliver to the Trustee a report, in a form acceptable to the Trustee, containing all of the necessary information for the Trustee to complete items (ii), (vi), (vii), (ix)-(xiv), (xvi), (xvii), (xix)-(xxi), (xxiv), (xxvii), (xxix) and (xxx)-(xxxii) of the statement described in (a) above. The Trustee shall be responsible for obtaining the necessary information to complete items (i), (iii), (iv), (v), (viii), (x), (xv), (xviii), (xxii), (xxiii), (xxv), (xxvi), (xxviii) and (xxxii)-(xxxv) of the statement described in (a) above. Notwithstanding the foregoing, (i) with respect to item (xxxii), each of the Servicer and the Trustee shall only be responsible for reporting the events described in such item with respect to itself and for which delivery may it has received notice thereof in compliance with the applicable provisions of this Agreement (including, without limitation, Sections 8.02(viii) and 10.05(b)) and (ii) with respect to item (x), the Servicer shall only be by electronic data transmission) a report in substantially responsible for providing the form set forth as Schedule V.specified information with respect to any amounts payable to it under this Agreement from assets of the Trust Fund.
(c) Within a reasonable period of time after the end of each calendar year, but in no case later than the time prescribed by the Code and applicable Treasury regulations, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ia)(ii), (a)(iii), (a)(viii) and (a)(iia)(xx) of this Section 4.06 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) The Trustee shall report such other information on the statement described in (a) above as the Depositor, the Servicer and the Trustee may agree in writing from time to time in order to facilitate the Depositor’s compliance with Regulation AB. The Servicer and the Trustee shall cooperate in order to determine the appropriate party responsible for the provision of such other information within the time periods specified in clause (b) above.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2007-A)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage i for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2004-Ar15)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx https://www.corporatetrust.db.com/xxxx xx xxxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Initial Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. ; and
(xix) the remaining Pre-Funding Amount.
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(bc) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(cd) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust 2003-A12)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties (and market value, if available) in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and the Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses incurred in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans; and
(xix) the amount paid to the Class 1-A-1 Certificates from the Yield Maintenance Reserve Fund pursuant to the Yield Maintenance Agreement. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Initial Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such the following Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. ; and
(xix) the remaining Pre-Funding Amount.
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(bc) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(cd) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2004-Ar13)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx eacx Xxxxxxxxxxxxxxxxx, xxx Master Xxster Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar33)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr https://www.corporatetrust.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, txx Xxxxxx Xxxxxxxx xxx Master Servicer and the Depositor a xxx Xxxxxxxxx x statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust 2004-A1)
Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare will forward by mail to each Rating Agency, the Certificate Insurer and the NIM Insurer and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer Certificateholders and the Depositor a statement for Certificate Insurer on the related distribution of:Trustee's website (http://www.bnyinvestorreporting.cox) x xxxxxxxxx xxxxxxxxx xxxxxxx xxrth the information contained in Exhibit W.
(ib) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses regarding (a)(ii) the amount of distributions to that Certificateholder allocable to principal, separately identifying (A) the aggregate amount of any Principal Prepayments included therein and (a)(iiB) the aggregate of this Section 4.06 all scheduled payments of principal included therein, (ii) the amount of distributions to that Certificateholder allocable to interest and (iii) the related amount of the Servicing Fees paid to or retained by the Master Servicer, in each case aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
(d) Upon filing with the Internal Revenue Service, the Trustee shall furnish to the Holders of the Class A-R Certificates the Form 1066 and each Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of Class A-R Certificates with respect to the following matters:
(1) The original projected principal and interest cash flows on the Closing Date on each related Class of regular and residual interests created hereunder and on the Mortgage Loans, based on the Prepayment Assumption;
(2) The projected remaining principal and interest cash flows as of the end of any calendar quarter with respect to each related Class of regular and residual interests created hereunder and the Mortgage Loans, based on the Prepayment Assumption;
(3) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above;
(4) The original issue discount (or, in the case of the Mortgage Loans, market discount) or premium accrued or amortized through the end of such calendar quarter with respect to each related Class of regular or residual interests created hereunder and to the Mortgage Loans, together with each constant yield to maturity used in computing the same; 108
(5) The treatment of losses realized with respect to the Mortgage Loans or the regular interests created hereunder, including the timing and amount of any cancellation of indebtedness income of the related REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans;
(6) The amount and timing of any non-interest expenses of the related REMIC; and
(7) Any taxes (including penalties and interest) imposed on the related REMIC, including, without limitation, taxes on "prohibited transactions," "contributions" or "net income from foreclosure property" or state or local income or franchise taxes. The information pursuant to clauses (1), (2), (3) and (4) above shall be provided by the Depositor pursuant to Section 8.11.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CWHEQ Home Equity Loan Trust, Series 2007-S1)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, the Servicex xxx Master Servicer and the Depositor a statement xxx Xxxxxxxxx x xxxxxment for the related distribution of:
(i) the applicable Record Dates, Interest Accrual Periods and Determination Dates for calculating distributions for such Distribution Date;
(ii) the amount of funds received from the Servicer for such Distribution Date separately identifying amounts received in respect of the Mortgage Loans and the amount of Advances included in the distribution on the Distribution Date;
(iii) the Servicing Fee and Trustee Fee for such Distribution Date;
(iv) the aggregate amount of expenses paid from amounts on deposit in (x) the Certificate Account and (y) the Distribution Account;
(v) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(iivi) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iiivii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(ivviii) the aggregate amount of Realized Losses and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(ix) the Class Certificate Balance or Notional Amount of each Class of Certificates before and after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiix) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected with respect to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number of Mortgage Loans and the Pool Stated Principal Balance as the first day of the related Due Period and the last day of the related Due Period;
(xii) as of the last day of the related Due Period:
(A) the weighted average mortgage rate of the Mortgage Loans, and
(B) the weighted average remaining term to maturity of the Mortgage Loans;
(xiii) the number and aggregate principal amounts outstanding balance of the Mortgage Loans in each Loan Group and in as of the aggregate end of the preceding calendar month:
(A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days and and
(B) in foreclosure and delinquent (1) 1 30 to 30 59 days, (2) 31 60 to 60 days, 89 days and (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixiv) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
Payments (A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates Date in each such month and
and (B) delinquent 60 sixty (60) days or more (determined in the same manner as for determining Scheduled Payment delinquencies that result in a Mortgage Loan being a 60+ Day Delinquent Loan) on each of the Due Dates Date in each such month;
(xiiixv) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereofDate;
(xivxvi) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xvxvii) each Senior the aggregate amount of Principal Prepayments received during the related Prepayment Percentage Period and Subordinated Prepayment Percentage the number of Mortgage Loans subject to such Principal Prepayments;
(xviii) the aggregate amount of Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xvixix) the aggregate amount of Realized Losses in each Loan Group Servicing Advances reimbursed during the related Due Period, the general source of funds for such reimbursements and in the aggregate incurred and Subsequent Recoveries, if any, received during amount of Servicing Advances outstanding as of the preceding calendar month and aggregate Realized Losses through such close of business on the Distribution Date;
(xviixx) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount aggregate number and the Bankruptcy Loss Coverage Amount, in each case as outstanding principal balance of Mortgage Loans repurchased during the related Determination Date; andDue Period due to material breaches of representations and warranties regarding such Mortgage Loans;
(xviiixxi) [Reserved];
(xxii) [Reserved];
(xxiii) [Reserved];
(xxiv) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delayed Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delayed Delivery Mortgage Loans; and
(xxv) Hard and Soft Prepayment Charges collected, waived, and paid by the Servicer. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.IV.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(ia)(v) and (a)(iia)(vi) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar41)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr https://www.corporatetrust.db.com/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx Master Servicer and the Depositor Xxxxxx Xxxxxxxx xxx xxx Xxxxxxxxx a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and;
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date, by Loan Group and in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date; and
(xx) the availability, timeliness and accuracy aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2004-Ar2)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx at: http://www.apps.gis.deutsche-bank.xxx/xxxx xxx xxxx Xxxxxxxxxxxxxxxxx, xxx Rating Agencies, the Master Servicer Servicer, and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Master Servicing Fees and Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viiivii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ixviii) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;.
(xix) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xix) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xiixi) for each of the preceding 12 calendar months, or all calendar months since the related Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiiixii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xivxiii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xiv) whether a Trigger Event has occurred and is continuing (including the calculation of thereof and the aggregate outstanding balance of all 60+ Day Delinquent Loans);
(xv) each Senior Prepayment Percentage the amounts on deposit in both the Carryover Reserve Fund and Subordinated Prepayment Percentage for such Net WAC Shortfall Reserve Fund (after giving effect to distributions on the Distribution Date);
(xvi) the amount received under the Yield Maintenance Agreement;
(xvii) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such the Distribution Date;
(xviixviii) the Special Hazard Loss Coverage Amount, amount of any Net Monthly Excess Cash Flow on the Fraud Loss Coverage Amount Distribution Date and the Bankruptcy Loss Coverage Amount, in each case as of allocation thereof to the related Determination Date; andCertificateholders with respect to Allocated Realized Losses and Unpaid Interest Shortfall Amounts;
(xviiixix) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. ;
(xx) the Overcollateralized Amount; and
(xxi) Prepayment Charges collected, waived and paid by Master Servicer.
(b) The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) ), (a)(ii), and (a)(iia)(vii) of this Section 4.06 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Securitizations Tr 2002-A1)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any scheduled principal, Net Prepayments, Principal Prepayments in Full, partial Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance (including Component Principal Balances) or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and[reserved];
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility ;
(xix) the aggregate amount of Deferred Interest on the Mortgage Loans for disbursing the above information related Due Date, by Loan Group and in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the Certificateholders is limited cumulative amount of Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date;
(xx) the availabilityaggregate amount of Net Deferred Interest on the Mortgage Loans for the related Due Date, timeliness by Loan Group and accuracy in the aggregate, and the amount allocated to each Class of Certificates on such Distribution Date and the cumulative amount of Net Deferred Interest on the Mortgage Loans and allocated to each Class of Certificates through such Distribution Date; and
(xxi) the aggregate Stated Principal Balance of the information derived from Mortgage Loans that became Liquidated Mortgage Loans in the Master Servicer. By prior month and since the Cut-off Date (in each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day case immediately prior to the related Distribution DateStated Principal Balance being reduced to zero), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2004-Ar14)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr xxxxx://xxx.xxx.xx.xxx/invr to eaxx Xxxxxxxxxxxxxxxxxeach Certificateholder, xxx the Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i) and (a)(ii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar11)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Shortfall Amounts included in the distribution and any remaining Class Unpaid Interest Shortfall Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each the Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each the Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac MBS, Inc. Residential Asset Securitization Trust 2004-A9)
Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and make available on its website at https://www.tss.db.com/invr to eaxx Xxxxxxxxxxxxxxxxx, xxx Master Servicer and the Depositor a statement for the related distribution of:
(i) the amount of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein;
(ii) the amount of the distribution allocable to interest, any Class Unpaid Interest Amounts included in the distribution and any remaining Class Unpaid Interest Amounts after giving effect to the distribution;
(iii) if the distribution to the Holders of any Class of Certificates is less than the full amount that would be distributable to them if sufficient funds were available, the amount of the shortfall and the allocation of the shortfall between principal and interest;
(iv) the Class Certificate Balance or Notional Amount of each Class of Certificates after giving effect to the distribution of principal on the Distribution Date;
(v) the Pool Stated Principal Balance for the following Distribution Date;
(vi) each Senior Percentage and each Subordinated Percentage for the following Distribution Date;
(vii) the amount of the Servicing Fees paid to or retained by the Master Servicer or Subservicer (with respect to the Subservicers, in the aggregate) and the amounts of any additional servicing compensation received by the Master Servicer attributable to penalties, fees, excess Liquidation Proceeds or other similar charges or fees and items with respect to the Distribution Date;
(viii) the Pass-Through Rate for each Class of Certificates as of the day before the preceding Distribution Date;
(ix) the Pass-Through Rate for each Class of Certificates, if adjusted from the date of the last monthly statement, expected to be applicable on the next Distribution Date;
(x) the amount of Advances included in the distribution on the Distribution Date and the aggregate amount of Advances outstanding as of the close of business on the Distribution Date;
(xi) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the aggregate (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days, (2) 31 to 60 days, (3) 61 to 90 days, and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding the Distribution Date;
(xii) for each of the preceding 12 calendar months, or all calendar months since the Cut-off Date, whichever is less, the aggregate dollar amount of the Scheduled Payments
(A) due on all Outstanding Mortgage Loans in each Loan Group and in the aggregate on each of the Due Dates in each such month and
(B) delinquent 60 days or more on each of the Due Dates in each such month;
(xiii) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of the Mortgage Loan as of the close of business on the Determination Date preceding the Distribution Date and the date of acquisition thereof;
(xiv) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) as of the close of business on the Determination Date preceding the Distribution Date;
(xv) each Senior Prepayment Percentage and Subordinated Prepayment Percentage for such Distribution Date;
(xvi) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred and Subsequent Recoveries, if any, received during the preceding calendar month and aggregate Realized Losses through such Distribution Date;
(xvii) the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of the related Determination Date; and
(xviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within the time periods specified in the definition of Delay Delivery Mortgage Loans. The Trustee's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
(b) On or before the fifth Business Day following the end of each Prepayment Period (but in no event later than the third Business Day prior to the related Distribution Date), the Master Servicer shall deliver to the Trustee (which delivery may be by electronic data transmission) a report in substantially the form set forth as Schedule V.
(c) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished to each Person who at any time during the calendar year was a Certificateholder, a statement containing the information set forth in clauses (a)(i), (a)(ii) and (a)(iia)(vii) 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 Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time in effect.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar7)