Common use of Monthly Statements to Certificateholders Clause in Contracts

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 10 contracts

Samples: Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-Fa4), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-2), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Fa8)

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Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-Ar1), Pooling and Servicing Agreement (First Horizon Asset Sec. Mort Pass THR Certs Ser 2006-Aa2), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Aa1)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans in each Mortgage Pool not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (First Horizon Asset Securities Inc), 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 cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.com: (ix) the xxe amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (First Horizon Asset Securities Inc), 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 cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 6 contracts

Samples: Pooling and Servicing Agreement (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (First Horizon Asset Securities Inc), 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 cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 6 contracts

Samples: Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-5), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-Fa3), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Fa3)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (Fund America Investors Corp Ii), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-1)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or and may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans in each Mortgage Pool not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III IV hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (First Horizon Asset Securities Inc), 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 cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or and may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date.; (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III IV hereto. (d) 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)(vii) of this Section 4.6 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 4 contracts

Samples: Pooling and Servicing Agreement (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (First Horizon Asset Securities Inc), 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 cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or and may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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; (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date.; (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III IV hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee Securities Administrator shall prepare and cause to be forwarded by first class mail make available to each CertificateholderHolder of Certificates, the Trustee, the Master Servicer, Servicer and the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, with respect to forth for the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxCertificates: (i) the amount thereof 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) Extra Principal Distribution Amount (if any); (ii) the amount thereof of such distribution to Holders of each Class allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution Certificate Principal Balance or Certificate Notional Balance of each Class after giving effect (i) to the Holders of all distributions allocable to principal on such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall Distribution Date and (ii) the allocation thereof as between principal and interestof any Applied Realized Loss Amounts for such Distribution Date; (iv) the Class Certificate Balance aggregate of each Class the Stated Principal Balances of Certificates after giving effect to all of the distribution of principal on such Mortgage Loans for the following Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool amount of the Master Servicing Fee paid to or retained by the Master Servicer for the following Distribution Daterelated Due Period and the amount of the Servicing Fees paid to or retained by the Company or the related Servicer for the related Due Period; (vi) the Senior Percentage and Subordinated Percentage Pass-Through Rate for each Certificate Group for Class of Certificates with respect to the following Distribution Datecurrent Accrual Period, and, if applicable, whether such Pass-Through Rate was limited by the Net WAC Rate Cap; (vii) the amount of Advances included in the Master Servicing Fees paid to or retained by the Master Servicer with respect to distribution on such Distribution Date; (viii) the Pass-Through Rate for each such Class cumulative amount of Certificates with respect Applied Realized Loss Amounts to such Distribution Datedate; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (A) delinquent Delinquent (exclusive of Mortgage Loans in foreclosureforeclosure and bankruptcy) (1) 1 to 30 days (2) 31 to 60 days days, (32) 61 to 90 days and (43) 91 or more days and days, (B) in foreclosure and delinquent (1) 1 to 30 days (2) 31 to 60 days days, (32) 61 to 90 days and (43) 91 or more days and (C) in bankruptcy and delinquent (1) 31 to 60 days, (2) 61 to 90 days and (3) 91 or more days, in each case as of the close of business on the last day of the calendar month preceding such Distribution Date; (xix) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property was liquidated during the preceding calendar month, the loan number and Stated Principal Balance of of, and Realized Loss on, such Mortgage Loan as of the close end of business on the Determination Date preceding such Distribution Date and the date of acquisition thereofrelated Prepayment Period; (xiixi) the total number and principal balance of any real estate owned or REO Properties (and market value, if available) in each Mortgage Pool as of the close end of business on the Determination Date related Prepayment Period; (xii) the three month rolling average of the percent equivalent of a fraction, the numerator of which is the aggregate Stated Principal Balance of the Mortgage Loans that are 60 days or more delinquent or are in bankruptcy or foreclosure or are REO Properties, and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans as of the last day of the calendar month preceding such Distribution Date; (xiii) the Senior Realized Losses during the related Prepayment Percentage for each Certificate Group for Period and the following Distribution Datecumulative Realized Losses through the end of the preceding month; (xiv) the aggregate Net WAC Rate Carryover Amount for each Class of Certificates and the amount of Realized Losses incurred on deposit in respect of each Mortgage Pool during the preceding calendar month;Net WAC Reserve Fund; and (xv) the cumulative amount of Realized Losses applied in reduction the distribution made on such Distribution Date to the Holders of the principal balance of Class P Certificates allocable to Prepayment Charges. 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 Class of Certificates since month to Certificateholders via the Closing Date; Securities Administrator's internet website. The Securities Administrator's internet website shall initially be located at "xxx.xxxxxxx.xxx". Assistance in using the website can be obtained by calling the Securities Administrator's customer service desk at (xvi000) 000-0000. Parties that are unable to use the Special Hazard Loss Coverage Amountabove distribution options are entitled to have a paper copy mailed to them via first class mail by calling the 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. To the extent timely received from the Securities Administrator, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, in each case as of Trustee will also make the related Determination Date; and Monthly Statements available to Certificateholders via the Trustee's internet website. The Trustee's internet website will initially be located at "xxxxx://xxxxxxxxxxxxxxxxxxxxxx.xxxxxx.xxx". Assistance in using the Trustee's internet website can be obtained by calling the Trustee's customer service desk at (xvii000) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date000-0000. (b) The Trustee’s 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 provided by derived from the Master Servicer, the Company and the Servicers. The Securities Administrator will make available a copy of each statement provided pursuant to this Section 6.05 to each Rating Agency. (c) 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 III hereto. (d) Within a reasonable period of time after the end of each calendar year, the Trustee shall cause to be furnished upon request to each Person who at any time during the calendar year was a Certificateholder, a statement based on information provided by the Securities Administrator containing the information set forth in clauses (a)(i), (a)(ii) and (a)(viia)(ii) of this Section 4.6 6.05 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 or the Securities Administrator pursuant to any requirements of the Code as from time to time in effect. (d) Upon filing with the Internal Revenue Service, the Securities Administrator shall furnish to the Holders of the Residual Certificates the applicable Form 1066 and each applicable Form 1066Q and shall respond promptly to written requests made not more frequently than quarterly by any Holder of a Residual Certificate with respect to the following matters: (i) 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; (ii) 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; (iii) The applicable Prepayment Assumption and any interest rate assumptions used in determining the projected principal and interest cash flows described above; (iv) 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; (v) 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 a REMIC with respect to such regular interests or bad debt deductions claimed with respect to the Mortgage Loans; (vi) The amount and timing of any non-interest expenses of a REMIC; and (vii) Any taxes (including penalties and interest) imposed on the 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 (i), (ii), (iii) and (iv) above shall be provided by the Depositor pursuant to Section 10.12.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2004-Ac5), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2004-Ac4), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2004-Ac6)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-Aa3), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Aa7), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Aa3)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreportinx.xxx: (ix) the xxe amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (First Horizon Asset Securities Inc), 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 cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxdistribution: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Shortfall included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Shortfall after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xviixvi) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III V hereto. (d) 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)(vii) of this Section 4.6 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 (CWMBS Inc), 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 cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor Depositor, MBIA and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxdistribution: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Loan Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months in each Loan Group; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvi) the amount due, and the amount received, under each Corridor Contract; (xvii) the amount paid to the Class 1-A-1, Class 1-A-2, Class 1-A-3, Class 1-A-5 and Class 5-A-1 Certificates from the Corridor Contract Reserve Fund; (xviii) the amount on deposit in the Corridor Contract Reserve Fund and the Reserve Fund for the following Distribution Date; and (xix) the amount of any withdrawal from the Reserve Fund from the prior Distribution Date. The Trustee may make the above information available to Certificateholders and to MBIA via the Trustee's website at http://www.bnyinvestorreporting.cxx. (bx) The Trustee’s Xxx Xxxxxxx'x responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Cwalt Inc), Pooling and Servicing Agreement (Cwalt Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans in each Mortgage Pool not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc), 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 cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Aa8), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-Aa1)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.xxx: (ix) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc), 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 cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreportinx.xxx: (ix) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc), Pooling and Servicing Agreement (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency and MBIA and make available to Certificateholders and to MBIA on the Trustee's website (xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx) a statement, that complies with Item 1121 of Regulation AB, statement generally setting forth, among other things, with respect to forth the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxfollowing information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance or Notional Amount, as applicable, of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Excess Master Servicing Fees and Basic Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date and the Remaining PO Supplemental Loan Amount and the Remaining Non-PO Supplemental Loan Amount distributed as principal (xvi) the amount of any withdrawal from the Reserve Fund since the prior Distribution Date; (xvii) the amount due, and the amount received, under each Corridor Contract; (xviii) the amount paid to the Class 1-A-1, Class 1-A-10 and Class 1-A-11 Certificates from the Corridor Contract Reserve Fund; (xix) the amount on deposit in the Corridor Contract Reserve Fund and the Reserve Fund for the following Distribution Date; and (xx) the amount remaining in the Reserve Fund after taking into account amounts withdrawn from the Reserve Fund for such Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-34cb), Pooling and Servicing Agreement (Alternative Loan Trust 2005-34cb)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Component Principal Balance of each Component of the Class 2AB3 Certificates after giving effect to the distribution of principal on such Distribution Date; (vi) the Component Notional Amount of each Notional Amount Component of the Class 2IO3 Certificates after giving effect to the distribution of principal on such Distribution Date; (vii) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (viviii) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (viiix) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viiix) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ixxi) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (xxii) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xixiii) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xiixiv) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiiixv) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xivxvi) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xvxvii) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvixviii) 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 (xviixix) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Fa4), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Aa4)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to the Depositor, each Certificateholder, the Master Servicer, the Depositor Servicer and each Rating Agency a statementAgency, that complies with Item 1121 of Regulation ABand make available on the website maintained by the Trustee at http://www.jpmxxxxx.xxx/xxxxxx, x xxxxxxxxx setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxfor each Certificate Group: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein, and the amount of the distribution made to the holders of the Class P Certificates allocable to Prepayment Penalties; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iviii) the Class Certificate Principal Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (viv) the Pool aggregate Stated Principal Balance for each of the Mortgage Pool for Loans in Loan Group 1 and the following Distribution DateMortgage Loans in Loan Group 2; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (viiv) the amount of the Master Servicing Fees paid to or retained by Fees, the Master Servicer aggregate Trustee Fee, the aggregate Credit Risk Manager Fee, the FSA Premium and Prepayment Penalties, if applicable, with respect to such Distribution Date; (viiivi) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ixvii) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close end of business on such Distribution Datethe preceding month; (xviii) the number and aggregate principal amounts of Mortgage Loans (A) delinquent (exclusive of Mortgage Loans in foreclosure) (1) 1 to 30 days (2) 31 to 60 days days, (32) 61 to 90 days and (43) 91 or more days and (B) in foreclosure and delinquent (1) 1 to 30 days (2) 31 to 60 days days, (32) 61 to 90 days and (43) 91 or more days, as of the close of business on the last day of the calendar month preceding such Distribution Date, assuming twelve thirty day months; (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 (A) due on all Outstanding Mortgage Loans 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; (x) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xiixi) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xii) the aggregate amount of Realized Losses incurred during the preceding calendar month and aggregate Realized Losses through such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group Rolling Three Month Delinquency Rate for the following Mortgage Loans for such Distribution Date; (xiv) the aggregate amount of Realized Losses incurred on deposit in respect of each Mortgage Pool during the preceding calendar month;Pre-Funding Account; and (xv) the cumulative amount of Realized Losses applied any Insured Payment. Assistance in reduction of using the principal balance of each Class of Certificates since website can be obtained by calling the Closing Date; (xvi) Trustee's customer service desk at 877-722-1095. Xxxxxxx xxxx are unable to use 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 (xvii) with respect website are entitled to have a paper copy mailed to them via first class mail by written notice to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) Trustee at its Corporate Trust Office. The Trustee’s 's responsibility for disbursing the above information to the Certificateholders for each Certificate Group is limited to the availability, timeliness and accuracy of the information provided by derived from the Master Servicer. (c) On Servicers. The foregoing information shall be reported to the Trustee each month 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 Servicer Data Remittance 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (Credit Suisse First Boston Mor Sec Corp Series 2002-1)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, MBIA, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxdistribution: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Excess Master Servicing Fees and Basic Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xviixvi) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date, the Remaining PO Supplemental Loan Amount and the Remaining Non-PO Supplemental Loan Amount distributed as principal. (xvii) the amount of any withdrawal from the Reserve Fund since the prior Distribution Date; and (xviii) the amount remaining in the Reserve Fund after taking into account amounts withdrawn from the Reserve Fund for such Distribution Date. The Trustee may make the above information available to Certificateholders and to MBIA via the Trustee's website at http:\\www.mbsreporting.com. (b) The Trustee’s 's responsibility for disbursing the above xxx xxxxxxxxxx xxx xbove information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (CWMBS Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.xxx: (ix) the xhe amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause post on its website at www.jpmorgan.com/absmbs, which posting shall be accessible to be forwarded by first class mail to each Certificateholdereacx Xxxxxxxxxxxxxxxxx, the Master Servicer, the Depositor and each Rating Agency Agency, a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post (provided, however, that each Certificateholder, upon request to the Trustee, shall be entitled to receive from the Trustee a paper copy of such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx:if such Certificateholder is unable to access the Trustee's website): (i) with respect to each Group, the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amount included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amount after giving effect to such distribution; (iii) if the distribution to the Holders of such a Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool and the Group Principal Balances for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for amount of the following Servicing Fee paid to or retained by the Servicer with respect to such Distribution Date; (vii) the amount Pass-Through Rate for each Class of the Master Servicing Fees paid to or retained by the Master Servicer Offered Certificates with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (xix) with respect to each Group, the number and aggregate principal amounts of Mortgage Loans (A) delinquent contractually past due (assuming 30 day months) (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 Prepayment Period preceding such Distribution Date; (xix) with respect to each Group and with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date last day of the Prepayment Period preceding such Distribution Date and the date of acquisition thereof; (xiixi) with respect to each Group, the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date last day of the Prepayment Period preceding such Distribution Date; (xii) with respect to each Group, the amount equal to the sum of the Stated Principal Balances of the three Loans with the largest individual Stated Principal Balances; (xiii) with respect to the Senior Class AF-1 Certificates, Class AV-1 and Class B Certificates, the amount of the Net WAC Cap Carryover to be paid to such Class from the Net WAC Cap Account and the amount remaining unpaid; (xiv) with respect to each Group, the aggregate principal balance of 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 foreclosure and REO Properties) on the last day of the Prepayment Percentage for each Certificate Group for the following Period preceding such Distribution Date; (xivxv) with respect to each Group, the cumulative aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction as of the principal balance last day of each Class of Certificates since the Closing Prepayment Period preceding such Distribution Date; (xvi) with respect to the Special Hazard Loss Coverage AmountClass AV-1 Certificates, the Fraud Loss Coverage Amount amount of funds withdrawn from the Reserve Fund and included in such distribution and the Bankruptcy Loss Coverage Amount, in each case as outstanding balance of the related Determination Date; andReserve Fund after giving effect to such distribution; (xvii) with respect to the second Distribution Dateeach Group, the number and aggregate balance of Loans repurchased by Sellers during the Due Period related to such Distribution Date; (xviii) with respect to each Group, 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; (xix) with respect to each Group, the weighted average maturity date of the Outstanding Loans; (xx) the Targeted Overcollateralization Amount after giving effect to such distribution; (xxi) the amount of any Delay Delivery Mortgage Overcollateralization Release Amount included in the distribution on such Distribution Date; (xxii) with respect to each Group, the cumulative amount of Realized Losses from the Cut-off Date through the last day of the Due Period relating to such Distribution Date; (xxiii) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date; (xxiv) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the original Pool Principal Balance; (xxv) the aggregate amount of 60+ Day Delinquent Loans not delivered within thirty days after as a percentage of the Closing current Pool Principal Balance; (xxvi) the amount of funds collected by the Trustee under the Yield Maintenance Agreement during the Due Period relating to such Distribution Date.; and (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 provided by the Master Servicer. (c) . 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 (which delivery may i), (v), (vi), (viii)-(xii), (xiv), (xv), (xvii)-(xix) and (xxii) of the statement described in (a) above. The Trustee shall be by electronic data transmissionresponsible for obtaining the necessary information to complete items (ii), (iii), (iv), (vii), (xiii), (xvi), (xx), (xxi), (xxiii)-(xxvi) a report of the statement described in substantially the form set forth as Schedule III hereto(a) above. (dc) 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)(i), (a)(ii), (a)(vii) and (a)(viia)(xiii) of this Section 4.6 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 (Equity One Mortgage Pass-Through Trust 2003-2)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause to be forwarded will forward by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency and make available to Certificateholders on the Trustee's website (xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx) a statement, that complies with Item 1121 of Regulation AB, statement generally setting forth, among other things, with respect to forth the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxfollowing information: (i) the amount a mount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance, Notional Amount, Component Principal Balance or Component Notional Amount of each Class of Certificates and any Component thereof after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following with respect to such Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Loan Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates and any Component thereof with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage and Subordinated Prepayment Percentage for each Certificate Loan Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses in each Loan Group incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing the Realized Losses from the preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of Carryover Shortfall Amounts paid on each Class of LIBOR Certificates since on such Distribution Date and the Closing amount of unpaid Carryover Shortfall Amounts on each Class of LIBOR Certificates after giving effect to all distributions on such Distribution Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvii) with respect to the Negative Amortization Loans, the amount of Net Deferred Interest added to the Class Certificate Balance or Component Principal Balance of any related Class of Certificates or any Component thereof; (xviii) the amount due, and the amount received, in respect of the Corridor Contract; (xix) the amount paid to each Class of the LIBOR Certificates from the Carryover Shortfall Reserve Fund; and (xx) the amount on deposit in the Carryover Shortfall Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III heretoVI to this Agreement. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-44)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor Depositor, the Guarantor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxdistribution: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Excess Master Servicing Fees and Basic Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) [Reserved]; (xv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) month and the cumulative aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Datefrom preceding calendar months; (xvi) 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]; (xvii) with respect to any Mortgage Loan repurchased by a Seller or purchased by the second Depositor, the Guarantor or the Master Servicer, the loan number and Stated Principal Balance relating thereto; (xviii) the amount paid by the Guarantor under the Fannie Mae Guaranty for such Xxxxxxbxxxon Date; and (xix) all amounts paid to the Guarantor in respect of the Guarantor Reimbursement Amount for such Distribution Date, . The Trustee may make the number above information available to Certificateholders and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after to the Closing DateGuarantor via the Trustee's website at http://www.bnyinvestorreporting.cox. (bx) The Trustee’s responsibility Xxx Xxxxxxx'x xxxponsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. On the third Business Day preceding each Distribution Date, the Trustee shall deliver to the Guarantor (by electronic medium as specified in the next sentence) a statement identifying the Class Factor to the Guaranteed Certificates. The Trustee shall deliver such statement on or before 12:00 p.m. (New York time) on such day via the internet using the following domain name: bond_admin@fanniemae.com. If a Guaxxxxxx Xxxxxxx xxxx xx xayable on a Distribution Date, all information required under Section 4.06(a) must also be similarly delivered to the Guarantor on such third Business Date preceding such Distribution Date. The second consecutive failure (or three or more failures in any twelve-month period) by the Trustee to deliver such Class Factor for the Guaranteed Certificates (or to deliver an accurate Class Factor for the Guaranteed Certificates) to the Guarantor shall constitute an event of default and permit the Guarantor to remove the Trustee for cause; provided that the Master Servicer had delivered the information set forth above for the related Distribution Date to the Trustee. On or before 5:00 p.m. Eastern time on the fourth Business Day preceding each Distribution Date or, with the consent of the Guarantor, on or before 5:00 p.m. Pacific time on the second Business Day following each Determination Date, the Master Servicer shall deliver a report to the Guarantor (using the internet and the following domain name: whole_loan_remic@fanniemae.com or xx xxxx xxxxx xxxxx xx xxx Xxxter Servicer and the Guarantor may agree from time to time) containing such data and information regarding the mortgage loans as is specified in Guarantor's "Private Label Wrap Deals - Quick Start Guide for Lenders" or such other data and information as the Master Servicer and the Guarantor may agree from time to time. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Cwalt Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause to be forwarded will forward by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cox) x xxxxxxxxx xxxxxxxxx xxxxxxx xxrth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance, Notional Amount, Component Principal Balance or Component Notional Amount of each Class of Certificates and any Component thereof after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following with respect to such Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Loan Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates and any Component thereof with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage and Subordinated Prepayment Percentage for each Certificate Loan Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses in each Loan Group incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing the Realized Losses from the preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of Carryover Shortfall Amounts paid on each Class of LIBOR Certificates since on such Distribution Date and the Closing amount of unpaid Carryover Shortfall Amounts on each Class of LIBOR Certificates after giving effect to all distributions on such Distribution Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvii) with respect to the Negative Amortization Loans, the amount of Net Deferred Interest added to the Class Certificate Balance or Component Principal Balance of any related Class of Certificates or any Component thereof; (xviii) the amount due, and the amount received, in respect of the Corridor Contract; (xix) the amount paid to each Class of the LIBOR Certificates from the Carryover Shortfall Reserve Fund; and (xx) the amount on deposit in the Carryover Shortfall Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III heretoVI to this Agreement. (d) 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)(vii) of this Section 4.6 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 (Cwalt Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 days, (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 daysdays and (C) that were the subject of a loan modification in accordance with Section 3.5 hereof during the preceding 12-month period, as of the close of business on the last day of the calendar month preceding such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-6)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreportinx.xxx: (ix) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans in each Mortgage Pool not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxdistribution: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Loan Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; month and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months in each Loan Group; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (Cwalt Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or and may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III IV hereto. (d) 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)(vii) of this Section 4.6 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.a

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 cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.xxx: (ix) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans in each Mortgage Pool not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreportinx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.xxx: (ix) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Loan Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months in each Loan Group; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvi) the amount due, and the amount received, in respect of each Corridor Contract; (xvii) the amount paid to the Class 1-A-1 and Class 2-A-1 Certificates from the Corridor Contract Reserve Fund; and (xviii) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Countrywide Home Loans 2005-J9)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or and may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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; (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date.; (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III IV hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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; (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; and (xviii) whether any exchanges of Exchangeable Certificates or Exchangeable REMIC Certificates have taken place since the preceding Distribution Date, and, if applicable, the Class designations, Class Certificate Balances, Notional Amounts, Pass-Through Rates, and any interest or principal paid, including any shortfalls allocated to any Classes of Exchangeable Certificates or Exchangeable REMIC Certificates that were received by the Certificateholder as a result of such exchange. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-Fa5)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Component Principal Balance of each Component of the Class A-M Certificates after giving effect to the distribution of principal on such Distribution Date; (vi) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vivii) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (viiviii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viiiix) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ixx) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (xxi) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xixii) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xiixiii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiiixiv) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xivxv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xvxvi) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvixvii) 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 (xviixviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Ar2)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreporting.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxand Aggregate Loan Group: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Loan Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Basic Master Servicing Fees and Excess Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date, each Remaining PO Supplemental Loan Amount and each Remaining Non-PO Supplemental Loan Amount distributed as principal; and (xvi) the amounts due and the amounts paid under the Corridor Contract; (xvii) the amounts paid to the Class 4-A-1 and Class 4-A-2 Certificates from the Reserve Fund; and (xviii) the amount on deposit in the Reserve Fund for the following Distribution Date. The Trustee may make the above information available to Certificateholders via the Trustee's website at http://www.bnyinvestorreporting.com. (bx) The Trustee’s responsibility Xxx Xxxxxxx'x xxxxxxxxxility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Cwalt Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor Depositor, MBIA and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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; (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; and (xviii) the amount of any Reserve Fund Withdrawal and the amount remaining on deposit in the Reserve Fund. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreporting.xxx: (ix) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreporting.com: (i) the amount thereof allocable to principalthereox xxxxxxxxx xx xxxxxxxxx, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.com: (ix) the xxe amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Excess Master Servicing Fees and Basic Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) [Reserved]; (xv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) month and the cumulative aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Datefrom preceding calendar months; (xvi) 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]; (xvii) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date and the Remaining PO Supplemental Loan Amount and the Remaining Non-PO Supplemental Loan Amount distributed as principal; (xviii) the amount due, and the amount paid, under the Corridor Contract; (xix) the amount paid to the Class A-12 and Class A-16 Certificates from the Corridor Contract Reserve Fund; and (xx) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-46cb)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or and may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; ; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency and make available to certificateholders on the Trustee’s website (xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx) a statement, that complies with Item 1121 of Regulation AB, statement generally setting forth, among other things, with respect to forth the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxfollowing information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Loan Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months in each Loan Group; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvi) the amount due, and the amount received, in respect of each of the Corridor Contracts; (xvii) the amount paid to the Class 1-A-1, Class 1-A-4, Class 1-A-9 and Class 1-A-13 Certificates from the Derivative Contract Reserve Fund; and (xviii) the amount on deposit in the Derivative Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-J10)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor Depositor, AGC and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreporting.xxx: (ix) the xxx amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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; (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; and (xviii) the amount of any Reserve Fund Withdrawal and the amount remaining on deposit in the Reserve Fund. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxdistribution: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance, Component Principal Balance or Component Notional Amount of each Class of Certificates and any Component thereof after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for of each Mortgage Pool Loan Group for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates and any Component thereof, with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) 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 days, (2) 31 to 60 days days, (3) 61 to 90 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 and (4) 91 or more days, as of the close of business on the last day of the calendar month preceding such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group and Subordinated Prepayment Percentage for the following Distribution Date; (xiv) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing the Realized Losses from the preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty 30 days after the Closing Date; (xvi) the amount of Net Deferred Interest added to the Class Certificate Balance or Component Principal Balance of any Class of Certificates or any Component thereof, as applicable; and (xvii) the Yield Maintenance Payments for the Class I-A-1, Class I-A-2, Class I-A-X, Class B-X and the Subordinated Certificates for such Distribution Date. The Trustee may make the above information available to Certificateholders via the Trustee’s website at “xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx”. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III heretoIV. (d) 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)(vii) of this Section 4.6 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 (BellaVista Mortgage Trust 2005-1)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cox) x xxxxxxxxx xxxxxxxxx xxxxxxx xxrth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Loan Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Basic Master Servicing Fees and Excess Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date, each Remaining PO Supplemental Loan Amount and each Remaining Non-PO Supplemental Loan Amount distributed as principal; (xvi) the amount due, and the amount paid, under each Corridor Contract; (xvii) the amount paid to each Class of Floating Rate Certificates from the Corridor Contract Reserve Fund; and (xviii) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. The Trustee may make the above information available to Certificateholders via the Trustee's website at http://www.bnyinvestorreporting.cox. (bx) The Trustee’s responsibility Xxx Xxxxxxx'x xxxxonsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-20cb)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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; (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; and (xviii) the amount of any Additional Amounts distributed to the Holders of the Class I-A-3 Certificates. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Excess Master Servicing Fees and Basic Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date and the Remaining PO Supplemental Loan Amount and the Remaining Non-PO Supplemental Loan Amount distributed as principal; (xvi) the amount due, and the amount received, under the Corridor Contract; (xvii) the amount paid to the Class A-1 Certificates from the Corridor Contract Reserve Fund; and (xviii) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-26cb)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor Depositor, MBIA and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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; (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans in each Mortgage Pool not delivered within thirty days after the Closing Date; and (xviii) the amount of any Reserve Fund Withdrawal and the amount remaining on deposit in the Reserve Fund. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency and make available to certificateholders on the Trustee’s website (xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx) a statement, that complies with Item 1121 of Regulation AB, statement generally setting forth, among other things, with respect to forth the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxfollowing information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Loan Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months in each Loan Group; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvi) the amount due, and the amount received, in respect of the Corridor Contract; (xvii) the amount paid to the Class 1-A-1 Certificates from the Corridor Contract Reserve Fund; and (xviii) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Countrywide Home Loans 2005-J8)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date;; + (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans in each Mortgage Pool not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

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Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.com) x xxxxxxxxx xxxxxxxxx xxxxxxx xxxth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Collateral Allocation Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date;; and (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) month and the cumulative aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Datefrom preceding calendar months. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (CHL Mortgage Pass-Through Trust 2005-19)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor Depositor, MBIA and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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; (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date.; and (xviii) the amount of any Reserve Fund Withdrawal and the amount remaining on deposit in the Reserve Fund; 84 (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; ; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor Depositor, MBIA and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxdistribution: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Excess Master Servicing Fees and Basic Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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; (xviixvi) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date, the Remaining PO Supplemental Loan Amount and the Remaining Non-PO Supplemental Loan Amount distributed as principal; (xvii) the amount of any withdrawal from the Reserve Fund since the prior Distribution Date; and (xviii) the amount remaining in the Reserve Fund after taking into account amounts withdrawn from the Reserve Fund for such Distribution Date. The Trustee may make the above information available to Certificateholders and to MBIA via the Trustee's website at http://www.mbsreporting.com. (bx) The Trustee’s responsibility Xxx Xxxxxxx'x xxsponsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (CWMBS Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or and may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans in each Mortgage Pool not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Excess Master Servicing Fees and Basic Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) [Reserved]; (xv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) month and the cumulative aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Datefrom preceding calendar months; (xvi) 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]; (xvii) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date and the Remaining PO Supplemental Loan Amount and the Remaining Non-PO Supplemental Loan Amount distributed as principal; (xviii) the amount due, and the amount paid, under the Corridor Contract; (xix) the amount paid to the Class A-2 Certificates from the Corridor Contract Reserve Fund; and (xx) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-47cb)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause post on its website at www.jpmorgan.com/absmbs, which posting shall be accessible to be forwarded by first class mail to each Certificateholdereacx Xxxxxxxxxxxxxxxxx, xxe Insurer, the Master Servicer, the Depositor and each Rating Agency Agency, a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post (provided, however, that each Certificateholder, upon request to the Trustee, shall be entitled to receive from the Trustee a paper copy of such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx:if such Certificateholder is unable to access the Trustee's website): (i) with respect to each Group, the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amount included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amount after giving effect to such distribution; (iii) if the distribution to the Holders of such a Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool and the Group Principal Balances for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for amount of the following Servicing Fee paid to or retained by the Servicer with respect to such Distribution Date; (vii) the amount Pass-Through Rate for each Class of the Master Servicing Fees paid to or retained by the Master Servicer Offered Certificates with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (xix) with respect to each Group, the number and aggregate principal amounts of Mortgage Loans (A) delinquent contractually past due (assuming 30 day months) (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 Prepayment Period preceding such Distribution Date; (xix) with respect to each Group and with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date last day of the Prepayment Period preceding such Distribution Date and the date of acquisition thereof; (xiixi) with respect to each Group, the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date last day of the Prepayment Period preceding such Distribution Date; (xii) with respect to each Group, the amount equal to the sum of the Stated Principal Balances of the three Loans with the largest individual Stated Principal Balances; (xiii) with respect to the Senior Class AF-1 Certificates, Class AV-1A and Class AV-1B Certificates, the amount of the Net WAC Cap Carryover to be paid to such Class from the Net WAC Cap Account and the amount remaining unpaid; (xiv) with respect to each Group, the aggregate principal balance of 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 foreclosure and REO Properties) on the last day of the Prepayment Percentage for each Certificate Group for the following Period preceding such Distribution Date; (xivxv) with respect to each Group, the cumulative aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction as of the principal balance last day of each Class of Certificates since the Closing Prepayment Period preceding such Distribution Date; (xvi) with respect to the Special Hazard Loss Coverage AmountClass AV-1A and Class AV-1B Certificates, the Fraud Loss Coverage Amount amount of funds withdrawn from the Reserve Fund and included in such distribution and the Bankruptcy Loss Coverage Amount, in each case as outstanding balance of the related Determination Date; andReserve Fund after giving effect to such distribution; (xvii) with respect to the second Distribution Dateeach Group, the number and aggregate balance of Loans repurchased by Sellers during the Due Period related to such Distribution Date; (xviii) with respect to each Group, 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; (xix) with respect to each Group, the weighted average maturity date of the Outstanding Loans; (xx) the Targeted Overcollateralization Amount after giving effect to such distribution; (xxi) the amount of any Delay Delivery Mortgage Overcollateralization Release Amount included in the distribution on such Distribution Date; (xxii) with respect to each Group, the cumulative amount of Realized Losses from the Cut-off Date through the last day of the Due Period relating to such Distribution Date; (xxiii) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date; (xxiv) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the original Pool Principal Balance; (xxv) the aggregate amount of 60+ Day Delinquent Loans not delivered within thirty days after as a percentage of the Closing current Pool Principal Balance; (xxvi) the amount of funds collected by the Trustee under the Yield Maintenance Agreement during the Due Period relating to such Distribution Date.; and (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 provided by the Master Servicer. (c) . On or before the fifth Business Day following the end 18th day of each Prepayment Period (but in no event later than the third calendar month, commencing September 18, 2002, 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 (which delivery may i), (v), (vi), (viii)-(xii), (xiv), (xv), (xvii)-(xix) and (xxii) of the statement described in (a) above. The Trustee shall be by electronic data transmissionresponsible for obtaining the necessary information to complete items (ii), (iii), (iv), (vii), (xiii), (xvi), (xx), (xxi), (xxiii)-(xxvi) a report of the statement described in substantially the form set forth as Schedule III hereto(a) above. (dc) 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)(i), (a)(ii), (a)(vii) and (a)(viia)(xiii) of this Section 4.6 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.this

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Equity One Abs Inc Mortgage Pas Th Cert Series 2002-4)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency and make available to Certificateholders on the Trustee's website (xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx) a statement, that complies with Item 1121 of Regulation AB, statement generally setting forth, among other things, with respect to forth the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxfollowing information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Excess Master Servicing Fees and Basic Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) [Reserved]; (xv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) month and the cumulative aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Datefrom preceding calendar months; (xvi) 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]; (xvii) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date and the Remaining PO Supplemental Loan Amount and the Remaining Non-PO Supplemental Loan Amount distributed as principal; (xviii) the amount due, and the amount paid, under the Corridor Contract; (xix) the amount paid to the Covered Certificates from the Corridor Contract Reserve Fund; and (xx) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-42cb)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for of each Mortgage Pool Aggregate Loan Group for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Loan Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) 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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage and Subordinated Prepayment Percentage for each Certificate Loan Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing the Realized Losses from the preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date[Reserved]; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvii) the amount of Net Deferred Interest added to the Class Certificate Balance of any related Class of Certificates; (xviii) the amount due, and the amount paid, under the Corridor Contracts; (xix) the amount paid to the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 4-A-1, Class 4-A-2, Class II-M-1, Class II-B-1 and Class II-B-2 Certificates from the Corridor Contract Reserve Fund pursuant to the Corridor Contracts; (xx) the amount paid from the Carryover Shortfall Reserve Amount and the amount of Carryover Shortfall remaining unpaid; and (xxi) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III heretoVI to this Agreement. (d) 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)(vii) of this Section 4.6 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 (Cwalt Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Loan Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months in each Loan Group; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvi) the amount due, and the amount received, in respect of each Corridor Contract; (xvii) the amount paid to the Class 1-A-1, Class 1-A-5, Class 1-A-6 and Class 1-A-8 Certificates from the Corridor Contract Reserve Fund; and (xviii) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-J6)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.com: (ix) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Excess Master Servicing Fees and Basic Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) [Reserved]; (xv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) month and the cumulative aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Datefrom preceding calendar months; (xvi) 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]; (xvii) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing Date and the above information to Remaining PO Supplemental Loan Amount and the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 Remaining Non-PO Supplemental Loan Amount distributed as Schedule III hereto. (d) 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)(vii) of this Section 4.6 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.principal; and

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2005-25t1)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to make available on its website at: http://www--apps.gis.deutsche-bank.com/invr for each CertificateholderCertificatehoxxxx, the Master Servicerxxx Xxxxxx Xxxxxxxx, xxx Xxxxxx Xxxxxcer, and the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to statement for the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxof: (i) the amount thereof of the distribution allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof of the distribution allocable to interest, the amount of any Compensating Unpaid Interest Shortfall Amounts included in such the distribution and any remaining Net Unpaid Interest Shortfalls Shortfall Amounts after giving effect to such the distribution; (iii) if the distribution to the Holders of such any Class of Certificates is less than the full amount that would be distributable to such Holders them if there were sufficient funds available thereforwere available, the amount of the shortfall and the allocation thereof as 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 such the Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and 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 (with respect to such the Subservicers, in the aggregate) with respect to the Distribution Date; (vii) the Pass-Through Rate for each Class of Certificates with respect to the Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such the Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such the Distribution Date; (xix) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such the Distribution Date; (x) 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 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; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such the Mortgage Loan as of the close of business on the Determination Date preceding such the Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such the Distribution Date; (xiii) whether a Trigger Event has occurred and is continuing (including the Senior Prepayment Percentage for each Certificate Group for calculation of thereof and the following Distribution Dateaggregate outstanding balance of all 60+ Day Delinquent Loans); (xiv) the amount on deposit in the Carryover Reserve Fund Accounts (after giving effect to distributions on the Distribution Date); (xv) the amount received under the Yield Maintenance Agreements; (xvi) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of month and aggregate Realized Losses applied in reduction of through the principal balance of each Class of Certificates since the Closing Distribution Date; (xvixvii) 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; (xviixviii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Datetime periods specified in the definition of Delay Delivery Mortgage Loans; and (xix) with respect to each Loan Group, the Overcollateralized Amount. (xx) Prepayment Charges collected, waived and paid by Master Servicer. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by 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. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency and make available to certificateholders on the Trustee’s website (xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx) a statement, that complies with Item 1121 of Regulation AB, statement generally setting forth, among other things, with respect to forth the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxfollowing information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Loan Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months in each Loan Group; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvi) the amount due, and the amount received, under each Corridor Contract; (xvii) the amount paid to the Class 1-A-1 and Class 1-A-4 Certificates from the Corridor Contract Reserve Fund; and (xviii) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-J11)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreportinx.xxx: (ix) the xxe amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans in each Mortgage Pool not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.com: (i) the amount thereof allocable to principalxxxxxxxxx xx xxxxxxxal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.com: (ix) the amount xxx xxxxnt thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause post on its website at www.jpmorgan.com/absmbs, which posting shall be accessible to be forwarded by first class mail to each Certificateholdereacx Xxxxxxxxxxxxxxxxx, the Master Servicer, the Depositor and each Rating Agency Agency, a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post (provided, however, that each Certificateholder, upon request to the Trustee, shall be entitled to receive from the Trustee a paper copy of such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx:if such Certificateholder is unable to access the Trustee's website): (i) with respect to each Group, the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amount included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amount after giving effect to such distribution; (iii) if the distribution to the Holders of such a Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool and the Group Principal Balances for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for amount of the following Servicing Fee paid to or retained by the Servicer with respect to such Distribution Date; (vii) the amount Pass-Through Rate for each Class of the Master Servicing Fees paid to or retained by the Master Servicer Offered Certificates with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (xix) with respect to each Group, the number and aggregate principal amounts of Mortgage Loans (A) delinquent contractually past due (assuming 30 day months) (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 Prepayment Period preceding such Distribution Date; (xix) with respect to each Group and with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date last day of the Prepayment Period preceding such Distribution Date and the date of acquisition thereof; (xiixi) with respect to each Group, the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date last day of the Prepayment Period preceding such Distribution Date; (xii) with respect to each Group, the amount equal to the sum of the Stated Principal Balances of the three Loans with the largest individual Stated Principal Balances; (xiii) with respect to the Senior Class AF-1 Certificates, Class AV-1A and Class AV-1B Certificates, the amount of the Net WAC Cap Carryover to be paid to such Class from the Net WAC Cap Account and the amount remaining unpaid; (xiv) with respect to each Group, the aggregate principal balance of 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 foreclosure and REO Properties) on the last day of the Prepayment Percentage for each Certificate Group for the following Period preceding such Distribution Date; (xivxv) with respect to each Group, the cumulative aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction as of the principal balance last day of each Class of Certificates since the Closing Prepayment Period preceding such Distribution Date; (xvi) with respect to the Special Hazard Loss Coverage AmountClass AV-1A and Class AV-1B Certificates, the Fraud Loss Coverage Amount amount of funds withdrawn from the Reserve Fund and included in such distribution and the Bankruptcy Loss Coverage Amount, in each case as outstanding balance of the related Determination Date; andReserve Fund after giving effect to such distribution; (xvii) with respect to the second Distribution Dateeach Group, the number and aggregate balance of Loans repurchased by Sellers during the Due Period related to such Distribution Date; (xviii) with respect to each Group, 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; (xix) with respect to each Group, the weighted average maturity date of the Outstanding Loans; (xx) the Targeted Overcollateralization Amount after giving effect to such distribution; (xxi) the amount of any Delay Delivery Mortgage Overcollateralization Release Amount included in the distribution on such Distribution Date; (xxii) with respect to each Group, the cumulative amount of Realized Losses from the Cut-off Date through the last day of the Due Period relating to such Distribution Date; (xxiii) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date; (xxiv) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the original Pool Principal Balance; (xxv) the aggregate amount of 60+ Day Delinquent Loans not delivered within thirty days after as a percentage of the Closing current Pool Principal Balance; (xxvi) the amount of funds collected by the Trustee under the Yield Maintenance Agreement during the Due Period relating to such Distribution Date.; and (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 provided by the Master Servicer. (c) . On or before the fifth Business Day following the end 18th day of each Prepayment Period (but in no event later than the third calendar month, commencing March 18, 2003, 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 (which delivery may i), (v), (vi), (viii)-(xii), (xiv), (xv), (xvii)-(xix) and (xxii) of the statement described in (a) above. The Trustee shall be by electronic data transmissionresponsible for obtaining the necessary information to complete items (ii), (iii), (iv), (vii), (xiii), (xvi), (xx), (xxi), (xxiii)-(xxvi) a report of the statement described in substantially the form set forth as Schedule III hereto(a) above. (dc) 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)(i), (a)(ii), (a)(vii) and (a)(viia)(xiii) of this Section 4.6 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 (Equity One Abs Inc Equity One Mort Pass THR Trust 2003-1)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee Securities Administrator shall prepare and cause to be forwarded by first class mail make available to each Certificateholder, the Master Servicer, each Servicer, the Depositor Depositor, the Trustee and each Rating Agency a statement, that complies with Item 1121 of Regulation ABbased on information and to the extent provided by the Servicers, setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxdistribution: (i) the amount thereof allocable to principalprincipal (other than with respect to the Interest Only Certificates), separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds included thereinand Subsequent Recoveries; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in interest for such distribution and any remaining Net Interest Shortfalls after giving effect to such distributionDistribution Date; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage amount of the Expense Fees (in the aggregate and Subordinated Percentage for each Certificate Group for separately stated) paid to or retained by the following Servicers and any Subservicer with respect to such Distribution Date; (vii) the amount Interest Rate for each such Class of Certificates (other than the Master Servicing Fees paid to or retained by the Master Servicer Class PO Certificates) with respect to such Distribution Date; (viii) by Loan Group and in the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) aggregate, the amount of P&I Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of P&I Advances for each Mortgage Pool outstanding as of the close of business on the Determination Date immediately preceding such Distribution Date; (xix) by Loan Group and in the aggregate, the number and aggregate outstanding principal amounts balances of Mortgage Loans (A) delinquent (exclusive of except those Mortgage Loans in foreclosurethat are liquidated as of the end of the related Prepayment Period) (1) 1 as to 30 days (2) which the Scheduled Payment is delinquent 31 to 60 days (3) days, 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, (2) that have become REO Property, (3) that are in foreclosure and (4) that are in bankruptcy, in each case as of the close of business on the last day Business Day of the calendar month immediately preceding such Distribution Datemonth; (xix) by Loan Group and in the aggregate, with respect to any Mortgage Loan in a Mortgage Pool Loans that became an REO Property Properties during the preceding calendar month, the loan number and the aggregate Stated Principal Balance of such Mortgage Loan Loans as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xiixi) by Loan Group, and in the aggregate, the total number and aggregate principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiiixii) in the Senior Prepayment Percentage aggregate and for each Certificate Group for the following Distribution Date; (xiv) Class of Certificates, the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of month and aggregate Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing through such Distribution Date; (xvixiii) the amount of any Bankruptcy Losses, Fraud Losses, 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 (xvii) with respect to the second Losses or Extraordinary Losses sustained through such Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (Hsi Asset Securitization Corp)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.com: (ix) the amount thereof xxx xxxxxx xxxreof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.mbsreporting.com: (i) the amount thereof allocable to principalalloxxxxx xx xxxxxxxxx, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or and may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 Dete rmination Date; and (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date.; (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III IV hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans in each Mortgage Pool not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause to be forwarded will forward by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance, Notional Amount, Component Principal Balance or Component Notional Amount of each Class of Certificates and any Component thereof after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following with respect to such Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Loan Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates and any Component thereof with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage and Subordinated Prepayment Percentage for each Certificate Loan Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses in each Loan Group incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing the Realized Losses from the preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of Carryover Shortfall Amounts paid on each Class of LIBOR Certificates since on such Distribution Date and the Closing amount of unpaid Carryover Shortfall Amounts on each Class of LIBOR Certificates after giving effect to all distributions on such Distribution Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvii) with respect to the Negative Amortization Loans, the amount of Net Deferred Interest added to the Class Certificate Balance or Component Principal Balance of any related Class of Certificates or any Component thereof; (xviii) [Reserved]; (xix) the amount paid to each Class of the LIBOR Certificates from the Carryover Shortfall Reserve Fund; and (xx) the amount on deposit in the Carryover Shortfall Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III heretoVI to this Agreement. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-45)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreportinx.xxx: (ix) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 aggregated for such calendar year or applicable portion 84 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause post on its website at www.jpmorgan.com/absmbs, which posting shall be accessible to be forwarded by first class mail to each Certificateholdereacx Xxxxxxxxxxxxxxxxx, the Master Servicer, the Depositor and each Rating Agency Agency, a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post (provided, however, that each Certificateholder, upon request to the Trustee, shall be entitled to receive from the Trustee a paper copy of such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx:if such Certificateholder is unable to access the Trustee's website): (i) with respect to each Group, the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amount included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amount after giving effect to such distribution; (iii) if the distribution to the Holders of such a Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool and the Group Principal Balances for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for amount of the following Servicing Fee paid to or retained by the Servicer with respect to such Distribution Date; (vii) the amount Pass-Through Rate for each Class of the Master Servicing Fees paid to or retained by the Master Servicer Offered Certificates with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (xix) with respect to each Group, the number and aggregate principal amounts of Mortgage Loans (A) delinquent contractually past due (assuming 30 day months) (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 Prepayment Period preceding such Distribution Date; (xix) with respect to each Group and with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date last day of the Prepayment Period preceding such Distribution Date and the date of acquisition thereof; (xiixi) with respect to each Group, the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date last day of the Prepayment Period preceding such Distribution Date; (xii) with respect to each Group, the amount equal to the sum of the Stated Principal Balances of the three Loans with the largest individual Stated Principal Balances; (xiii) with respect to the Senior Class AF-1, Class AV-1, Class AV-2 and Class B Certificates, the amount of the Net WAC Cap Carryover to be paid to such Class from the Net WAC Cap Account and the amount remaining unpaid; (xiv) with respect to each Group, the aggregate principal balance of 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 foreclosure and REO Properties) on the last day of the Prepayment Percentage for each Certificate Group for the following Period preceding such Distribution Date; (xivxv) with respect to each Group, the cumulative aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction as of the principal balance last day of each Class of Certificates since the Closing Prepayment Period preceding such Distribution Date; (xvi) with respect to the Special Hazard Loss Coverage AmountClass AV-1 Certificates, the Fraud Loss Coverage Amount amount of funds withdrawn from the Reserve Fund and included in such distribution and the Bankruptcy Loss Coverage Amount, in each case as outstanding balance of the related Determination Date; andReserve Fund after giving effect to such distribution; (xvii) with respect to the second Distribution Dateeach Group, the number and aggregate balance of Loans repurchased by Sellers during the Due Period related to such Distribution Date; (xviii) with respect to each Group, 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; (xix) with respect to each Group, the weighted average maturity date of the Outstanding Loans; (xx) the Targeted Overcollateralization Amount after giving effect to such distribution; (xxi) the amount of any Delay Delivery Mortgage Overcollateralization Release Amount included in the distribution on such Distribution Date; (xxii) with respect to each Group, the cumulative amount of Realized Losses from the Cut-off Date through the last day of the Due Period relating to such Distribution Date; (xxiii) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date; (xxiv) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the original Pool Principal Balance; (xxv) the aggregate amount of 60+ Day Delinquent Loans not delivered within thirty days after as a percentage of the Closing current Pool Principal Balance; (xxvi) the amount of funds collected by the Trustee under the Yield Maintenance Agreement during the Due Period relating to such Distribution Date; and (xxvii) the MGIC Monthly Premium. (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 provided by the Master Servicer. (c) . 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 (which delivery may 1) all of the necessary information for the Trustee to complete items (i), (v), (vi), (viii)-(xii), (xiv), (xv), (xvii)-(xix), (xxii), and (xxvii) of the statement described in (a) above and (2) with respect to each Covered Loan, as of the first day of the related Due Period, the per annum rate equal to the Mortgage Rate less the MGIC Premium Rate. The Trustee shall be by electronic data transmissionresponsible for obtaining the necessary information to complete items (ii), (iii), (iv), (vii), (xiii), (xvi), (xx), (xxi), (xxiii)-(xxvi) a report of the statement described in substantially the form set forth as Schedule III hereto(a) above. (dc) 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)(i), (a)(ii), (a)(vii) and (a)(viia)(xiii) of this Section 4.6 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 (Equity One Abs Mortgage Pass Through Trust 2003-3)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date;; 77 (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreporting.xxx: (ix) the xxx amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause to be forwarded will forward by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance, Notional Amount, Component Principal Balance or Component Notional Amount of each Class of Certificates and any Component thereof after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following with respect to such Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates and any Component thereof with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Calculation Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Calculation Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group and Subordinated Prepayment Percentage for the following Distribution Date; (xiv) the aggregate amount of Realized Losses in each Calculation Group incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing the Realized Losses from the preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of Carryover Shortfall Amounts paid on each Class of LIBOR Certificates since on such Distribution Date and the Closing amount of unpaid Carryover Shortfall Amounts on each Class of LIBOR Certificates after giving effect to all distributions on such Distribution Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvii) the amount of Net Deferred Interest added to the Class Certificate Balance or Component Principal Balance of any related Class of Certificates or any Component thereof; (xviii) [Reserved]; (xix) the amount paid to each Class of the LIBOR Certificates from the Carryover Shortfall Reserve Fund; (xx) the amount on deposit in the Carryover Shortfall Reserve Fund for the following Distribution Date; and (xxi) the information set forth in the Prepayment Charge Schedule. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III heretoVI to this Agreement. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-59)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for and each Mortgage Pool Loan Group Principal Balance for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Basic Master Servicing Fees and Excess Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group (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 such Distribution Date;; 105 (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses from preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date, each Remaining PO Supplemental Loan Amount and each Remaining Non-PO Supplemental Loan Amount distributed as principal; (xvi) the amount due, and the amount paid, under each Corridor Contract; (xvii) the amount paid to each Class of Floating Rate Certificates from the Corridor Contract Reserve Fund; and (xviii) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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.. 106

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2005-28cb)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause will forward by electronic delivery to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency and make available to Certificateholders on the Trustee's website (xxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx) a statement, that complies with Item 1121 of Regulation AB, statement generally setting forth, among other things, with respect to forth the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxfollowing information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Excess Master Servicing Fees and Basic Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) [Reserved]; (xv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) month and the cumulative aggregate amount of Subsequent Recoveries, if any, reducing Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Datefrom preceding calendar months; (xvi) 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]; (xvii) with respect to the second Conveyance Period Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date and the Remaining PO Supplemental Loan Amount and the Remaining Non-PO Supplemental Loan Amount distributed as principal; (xviii) the amount due, and the amount paid, under the Corridor Contract; (xix) the amount paid to the Class A-1 and Class A-5 Certificates from the Corridor Contract Reserve Fund; and (xx) the amount on deposit in the Corridor Contract Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III VI hereto. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-37t1)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause to be forwarded will forward by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance, Notional Amount, Component Principal Balance or Component Notional Amount of each Class of Certificates and any Component thereof after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for each Mortgage Pool for the following with respect to such Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates and any Component thereof with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group and Subordinated Prepayment Percentage for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing the Realized Losses from the preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of Carryover Shortfall Amounts paid on each Class of LIBOR Certificates since on such Distribution Date and the Closing amount of unpaid Carryover Shortfall Amounts on each Class of LIBOR Certificates after giving effect to all distributions on such Distribution Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvii) the amount of Net Deferred Interest added to the Class Certificate Balance or Component Principal Balance of any related Class of Certificates or any Component thereof; (xviii) [Reserved]; (xix) the amount paid to each Class of the LIBOR Certificates from the Carryover Shortfall Reserve Fund; (xx) the amount on deposit in the Carryover Shortfall Reserve Fund for the following Distribution Date; and (xxi) the information set forth in the Prepayment Charge Schedule. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III heretoVI to this Agreement. (d) 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)(vii) of this Section 4.6 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 (Alternative Loan Trust 2005-58)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Aa5)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor Depositor, MBIA and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxxxx.xxxxxxxxxxxx.xxx: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class class of Certificates since the Closing Date; (xvi) 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; (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date.; and (xviii) the amount of any Reserve Fund Withdrawal and the amount remaining on deposit in the Reserve Fund; (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

Monthly Statements to Certificateholders. (a) Not later than Concurrently with each distribution on a Distribution Date, the Trustee shall prepare and cause to be forwarded will forward by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, setting forth, among other things, with respect and make available to Certificateholders on the related distribution and/or may post such statement on its Trustee's website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxx(http://www.bnyinvestorreporting.cxx) x xxxxxxxxx xxxxxxxxx xxxxxxx xorth the following information: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Prepayments, Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance, Notional Amount, Component Principal Balance or Component Notional Amount of each Class of Certificates and any Component thereof after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Stated Principal Balance for of each Mortgage Pool Aggregate Loan Group for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Loan Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates and any Component thereof with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans in each Loan Group and in the related Aggregate Loan Group (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group and in the related Aggregate Loan Group (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage and Subordinated Prepayment Percentage for each Certificate Loan Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses in each Loan Group and in the related Aggregate Loan Group incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing the Realized Losses from the preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of Carryover Shortfall Amounts paid on each Class of LIBOR Certificates since on such Distribution Date and the Closing amount of unpaid Carryover Shortfall Amounts on each Class of LIBOR Certificates after giving effect to all distributions on such Distribution Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date; (xvii) with respect to the Negative Amortization Mortgage Loans, the amount of Net Deferred Interest added to the Class Certificate Balance or Component Principal Balance of any related Class of Certificates or any Component thereof; (xviii) the amount due, and the amount received, in respect of the Corridor Contract; (xix) the amount paid to each Class of the LIBOR Certificates (other than the Class 3-A-1 Certificates) from the Carryover Shortfall Reserve Fund; and (xx) the amount on deposit in the Carryover Shortfall Reserve Fund for the following Distribution Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III heretoVI to this Agreement. (d) 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)(vii) of this Section 4.6 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 (Cwalt Inc)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxand the Group I Certificates or the Group II Certificates, as applicable: (i) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds and Subsequent Recoveries included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Class Unpaid Interest Amounts included in such distribution and any remaining Net Class Unpaid Interest Shortfalls Amounts after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as 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 such Distribution Date; (v) the Pool Stated Principal Balance for of each Mortgage Pool Aggregate Loan Group for the following Distribution Date; (vi) the each Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) 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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties in each Loan Group and in the aggregate (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the each Senior Prepayment Percentage for each Certificate Group and Subordinated Prepayment Percentage for the following Distribution Date; (xiv) the aggregate amount of Realized Losses in each Loan Group and in the aggregate incurred in respect of each Mortgage Pool during the preceding calendar monthmonth and the aggregate amount of Subsequent Recoveries, if any, reducing the Realized Losses from the preceding calendar months; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xviixvi) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. The Trustee may make the above information available to Certificateholders via the Trustee’s website at hxxx://xxx.xxxxxxxxxxxx.xxx. (b) The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III heretoIV to this Agreement. (d) 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)(vii) of this Section 4.6 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 (BellaVista Mortgage Trust 2004-1)

Monthly Statements to Certificateholders. (a) Not later than each Distribution Date, the Trustee shall prepare and cause to be forwarded by first class mail to each Certificateholder, the Master Servicer, the Depositor and each Rating Agency a statement, that complies with Item 1121 of Regulation AB, statement setting forth, among other things, forth with respect to the related distribution and/or may post such statement on its website located at xxx.xxxxxxxxxxxxxxxxxxxx.xxxwww.bnyinvestorreportinx.xxx: (ix) the amount thereof allocable to principal, separately identifying the aggregate amount of any Principal Prepayments and Liquidation Proceeds included therein; (ii) the amount thereof allocable to interest, the amount of any Compensating Interest included in such distribution and any remaining Net Interest Shortfalls after giving effect to such distribution; (iii) if the distribution to the Holders of such Class of Certificates is less than the full amount that would be distributable to such Holders if there were sufficient funds available therefor, the amount of the shortfall and the allocation thereof as between principal and interest; (iv) the Class Certificate Balance of each Class of Certificates after giving effect to the distribution of principal on such Distribution Date; (v) the Pool Principal Balance for each Mortgage Pool for the following Distribution Date; (vi) the Senior Percentage and Subordinated Percentage for each Certificate Group for the following Distribution Date; (vii) the amount of the Master Servicing Fees paid to or retained by the Master Servicer with respect to such Distribution Date; (viii) the Pass-Through Rate for each such Class of Certificates with respect to such Distribution Date; (ix) the amount of Advances for each Mortgage Pool included in the distribution on such Distribution Date and the aggregate amount of Advances for each Mortgage Pool outstanding as of the close of business on such Distribution Date; (x) the number and aggregate principal amounts of Mortgage Loans (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 such Distribution Date; (xi) with respect to any Mortgage Loan in a Mortgage Pool that became an REO Property during the preceding calendar month, the loan number and Stated Principal Balance of such Mortgage Loan as of the close of business on the Determination Date preceding such Distribution Date and the date of acquisition thereof; (xii) the total number and principal balance of any REO Properties (and market value, if available) in each Mortgage Pool as of the close of business on the Determination Date preceding such Distribution Date; (xiii) the Senior Prepayment Percentage for each Certificate Group for the following Distribution Date; (xiv) the aggregate amount of Realized Losses incurred in respect of each Mortgage Pool during the preceding calendar month; (xv) the cumulative amount of Realized Losses applied in reduction of the principal balance of each Class of Certificates since the Closing Date; (xvi) 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 (xvii) with respect to the second Distribution Date, the number and aggregate balance of any Delay Delivery Mortgage Loans not delivered within thirty days after the Closing Date. (b) The Trustee’s 's responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information provided by the Master Servicer. (c) 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 III hereto. (d) 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)(vii) of this Section 4.6 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 (First Horizon Asset Securities Inc)

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