Prepayment Charge Reporting Requirements. On or before the 18th of each month (or if such date is not a Business Day, the next succeeding Business Day), the Servicer shall provide to the Depositor and the Trustee the following information with regard to each Mortgage Loan that has prepaid during the related Prepayment Period: (i) loan number; (ii) current Mortgage Rate; (iii) current principal balance; (iv) Prepayment Charge amount due; (v) Prepayment Charge amount collected; and (vi) reason why full Prepayment Charge amount was not collected, if applicable.
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (OwnIt Mortgage Loan Trust Mortgage Loan Asset-Backed Certificates, Series 2006-7), Pooling and Servicing Agreement (OwnIt Mortgage Loan Trust Series 2006-6)