Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates and each Rating Agency, the following information: (i) with respect to each Class of Certificates (other than Class C and Class R) (based on a Certificate in the original principal amount of $1,000): (A) the amount of the aggregate distributions on such Distribution Date; (B) the amount of such distribution allocable to interest; (C) the amount of such distributions allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1, Class M 2, Class M-3, Class B, Applied Realized Loss Amount with respect to, and any Class M 1, Class M 2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution Date; (D) the Class Certificate Balance after giving effect to any distribution allocable to principal; and (E) any Interest Carry Forward Amount and any Cap Carryover Amount; (ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate; (iii) any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date; (iv) the largest Mortgage Loan balance outstanding in each Group; (v) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer; (vi) the Servicing Fees and Master Servicing Fees allocable to each Group; (vii) One-Month LIBOR on the most recent Interest Determination Date; (viii) the Pass-Through Rates for the Certificates for the current Accrual Period and whether such rates have been capped; (ix) for each Distribution Date during the Funding Period, the Pre-Funded Amount allocable to each Group; (x) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period; (xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group; (xii) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period; (xiii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period; (xiv) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period; (xv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period; and (xvi) the amount of any payments under any Cap Agreement. (b) All allocations made by the Trustee shall be based on information the Trustee receives from the Master Servicer which the Trustee shall be protected in relying on.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Saxon Asset Securities Co), Pooling and Servicing Agreement (Saxon Asset Securities Co)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxx.xxxxxxxxxxxxxx.xx.xxx, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) (based on a Certificate in the original principal amount or Notional Principal Balance of $1,000):
(A) the amount of the aggregate distributions on such Distribution Date;
(B) the amount of such distribution allocable to interest;
(C) the amount of such distributions allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1M-1, Class M 2, Class M-3M-2, Class B, Applied Realized Loss Amount with respect to, and any Class M 1M-1, Class M 2M-2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution Date;
(D) the Class Certificate Balance after giving effect to any distribution allocable to principalprincipal and the Notional Principal Balance of each Class of Interest Only Certificates (or any Component thereof) for the related Distribution Date; and
(E) any Interest Carry Forward Amount and any Cap Carryover Amount;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap RateRate for such Group;
(iii) any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iv) the largest Mortgage Loan balance outstanding in each Group;
(v) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(vi) the Servicing Fees and Master Servicing Fees allocable to each Group;
(vii) One-Month LIBOR on the most recent Interest Determination Date;
(viii) the Pass-Through Rates for the Certificates for the current Accrual Period and whether such rates have been capped;
(ix) for each Distribution Date during the Funding Period, the Pre-Funded Amount allocable to each Group;
(x) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group;
(xii) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xiv) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;; and
(xv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvi) the amount of any payments under any Cap Agreement.
(b) All allocations made by the Trustee shall be based on information the Trustee receives from the Master Servicer which the Trustee shall be protected in relying on.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Saxon Asset Securities Co), Pooling and Servicing Agreement (Saxon Asset Securities Co Mort Ln as Back Cert Se 2002 3)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr[ ], or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates and each Rating Agency, the following information:
(i) with respect to each Class of Certificates [(other than Class C [C] and Class R) )] (based on a Certificate in the original principal amount of $1,000):
(A) the amount of the aggregate distributions on such Distribution Date;
(B) the amount of such distribution allocable to interest;
(C) the amount of such distributions allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, [any Extra Principal Distribution Amount Amount] and any Class M 1, Class M 2, Class M-3, Class B, Applied Realized Loss Amount with respect to, [ ] [and any Class M 1, Class M 2, Class M-3 and Class B, only Unpaid Realized Loss Amount at, Amount,] at such Distribution Date;
(D) the Class Certificate Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount, [any Cap Carryover Amount and any Net Cap Carryover Amount];
(ii) [the Net WAC Cap applicable to each Class of Certificates Certificates][ and the Maximum Cap Rate];
(iii) any Subsequent Recoveries and Realized Losses for Group I and Group II [ ] for the period and since the Cut Off Cut-off Date;
(iv) the largest Mortgage Loan balance outstanding in each Group;
(v) the Prepayment Penalties owed by borrowers collected and (if different) collected by the Servicer or the Master Servicerowed;
(vi) the Servicing Fees and Master Servicing Fees allocable to each Group;
(vii) [One-Month LIBOR LIBOR][other applicable indices] on the most recent Interest Determination Date;
(viii) the Pass-Through Rates for the Certificates for the current Accrual Period and whether such rates have been capped;
(ix) [for each Distribution Date during the Funding Period, the Pre-Funded Amount allocable to each Group;]
(x) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group;
(xii) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xiv) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period;
(xvi) the aggregate Stated Principal Balance of the Mortgage Loans, the Mortgage Rates (in incremental ranges), the Net Rate, the weighted average life and the weighted average remaining term of the Mortgage Loans, at the beginning and at the end of the related Prepayment Period;
(xvii) the Stated Principal Balance of the Mortgage Loans whose Mortgage Rates adjust on the basis of the [describe any applicable indices] at the end of the related Prepayment Period;
(xviii) the amount of cash flow received for such Distribution Date, and the sources thereof;
(xix) the Realized Losses, if any, allocated to each Class of Certificates on that Distribution Date;
(xx) the applicable Record Date, Accrual Period and calculation date for each Class of Certificates and such Distribution Date;
(xxi) the amount on deposit in the Master Servicer Custodial Account and the Distribution Account as of such Distribution Date (after giving effect to distributions on such date) and as of the prior Distribution Date;
(xxii) [the amount of any PMI Insurance Premiums paid during the related Due Period;]
(xxiii) the aggregate amount of any insurance claim payments received with respect to the Bulk PMI Policy during the related Due Period; and
(xvixxiv) [the amount of any payments under any Cap the Swap Agreement.]
(b) All allocations made by the Trustee shall be based on information the Trustee receives from the Master Servicer which the Trustee shall be protected in relying on. In addition to the information listed above, such report shall also include such other information as is required by Form 10-D, including, but not limited to, the information required by Item 1121 (§ 229.1121) of Regulation AB.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Saxon Asset Securities Co)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Payment Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Indenture Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates Securities and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) Notes (based on a Certificate in the an original principal amount or original Notional Principal Balance, as applicable, of $1,000):
(A) the amount of the aggregate distributions payments on such Distribution Payment Date;
(B) the amount of such distribution payment allocable to interest;
(C) the amount of such distributions payment allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1, Class M 2, Class M-3, Class B, Applied Realized Loss Amount with respect to, and any Class M 1, Class M 2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution Date;Payment Amount; and
(D) the Class Certificate Principal Balance after giving effect to any distribution allocable to principal; and;
(E) any Interest Carry Forward Amount and Available Funds Shortfall; and
(F) any Cap Carryover AmountAuction Call Turbo Payment made with respect to such Class;
(ii) the Net WAC Cap applicable to each Class of Certificates by Loan Group (and the Maximum Cap Rate;
(iiiSubgroup) any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iviii) by Loan Group (and Subgroup) the largest Mortgage Loan balance outstanding in each Groupoutstanding;
(viv) by Loan Group (and Subgroup) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(viv) by Loan Group (and Subgroup) the Servicing Fees and Master Servicing Fees allocable to each GroupFees;
(viivi) One-Month LIBOR on the most recent Interest Determination Date;
(viiivii) the Pass-Through Interest Rates for the Certificates Notes for the current Accrual Period and whether such rates have been capped;
(ixviii) for each Distribution Payment Date during the Funding Period, the Pre-Funded Amount allocable to each Groupfor such Loan Group (and Subgroup);
(xix) for each Loan Group (and Subgroup), the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xix) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (aA), (bB) and (cC) of paragraph (i) above represent with respect to all Mortgage Loans in each GroupLoans;
(xiixi) for each Loan Group (and Subgroup), the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiiixii) for each Loan Group (and Subgroup), the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xivxiii) for each Loan Group (and Subgroup), the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xvxiv) for each Loan Group (and Subgroup), the number and amount by principal balance of 60+ Day Delinquent Loans in each GroupLoans, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvixv) with respect to the Group II Notes, the amount of any payments received under any Cap the Yield Maintenance Agreement.
(b) All allocations made by the Indenture Trustee shall be based on information the Indenture Trustee receives from the Master Servicer which the Indenture Trustee shall be protected in relying on.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Trust 2004-2)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Payment Date, based on information provided by the Servicer and the Counterparty at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Indenture Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxxxx://xxx.xxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates Securityholder and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) Notes (based on a Certificate in the an original principal amount of $1,000):
(A) the amount of the aggregate distributions payments on such Distribution Payment Date;
(B) the amount of such distribution payment allocable to interest;
(C) the amount of such distributions payment allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1, Class M 2, Class M-3, Class B, Applied Realized Loss Amount with respect to, and any Class M 1, Class M 2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution DatePayment Amount;
(D) the Class Certificate Principal Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount and any Cap Carryover AmountAvailable Funds Shortfall;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) any Subsequent Recoveries and Recoveries, Monthly Advances, Realized Losses for Group I and Group II Principal Deficiency Amount for the period and since the Cut Off Date;
(iviii) the largest Mortgage Loan balance outstanding in each Groupoutstanding;
(viv) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(viv) the Servicing Fees Fees, Retained Interest and Master Servicing Fees allocable and the amount of any fees paid to each Groupthe Owner Trustee, the Indenture Trustee, the Custodian or the Administrator;
(viivi) One-Month LIBOR on the most recent Interest Determination Date;
(viiivii) the Pass-Through Interest Rates for the Certificates Notes for the current Accrual Period and whether such rates have been capped;
(ixviii) for each Distribution Payment Date during the Funding Period, the Pre-Funded Amount allocable to each GroupAmount;
(xix) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group;
(xiix) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiiixi) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xivxii) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xvxiii) the number aggregate Stated Principal Balance of the Mortgage Loans, the Mortgage Rates (in incremental ranges), the Net Rate, the weighted average life and amount by principal balance the weighted average remaining term of 60+ Day Delinquent Loans in each Groupthe Mortgage Loans, in each case by Servicer at the beginning and as of at the end of the related Prepayment Period;
(xiv) the Stated Principal Balance of the Mortgage Loans whose Mortgage Rates adjust on the basis of the six-month LIBOR and any other applicable indices with respect to the Mortgage Loans at the end of the related Prepayment Period;
(xv) the amount of cash flow received for such Payment Date, and the sources thereof;
(xvi) the Realized Losses, if any, allocated to each Class of Notes and the Principal Deficiency Amount, if any, allocated to any Class of Subordinate Notes on that Payment Date;
(xvii) the applicable Record Date, Accrual Period and calculation date for each Class of Notes and such Payment Date;
(xviii) the amount on deposit in the Master Servicer Custodial Account and the Payment Account as of such Payment Date (after giving effect to distributions on such date) and as of the prior Payment Date; and
(xvixix) the amount of any payments made or received under any Cap the Swap Agreement.
(b) All allocations made by the Indenture Trustee shall be based on information the Indenture Trustee receives from the Master Servicer which the Indenture Trustee shall be protected in relying on.. In addition to the information listed above, such report shall also include such other information as is required by Form 10-D, including, but not limited to, the information required by Item 1121 (§ 229.1121) of Regulation AB, to the extent such information is provided by the responsible party as set forth in Exhibit J.
Appears in 1 contract
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Payment Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Indenture Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxxxx://xxx.xxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates Securityholder and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) Notes (based on a Certificate in the an original principal amount or original Notional Principal Balance, as applicable, of $1,000):
(A) the amount of the aggregate distributions payments on such Distribution Payment Date;
(B) the amount of such distribution payment allocable to interest;
(C) the amount of such distributions payment allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1, Class M 2, Class M-3, Class B, Applied Realized Loss Amount with respect to, and any Class M 1, Class M 2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution DatePayment Amount;
(D) the Class Certificate Principal Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount and any Cap Carryover AmountAvailable Funds Shortfall;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) by Loan Group any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iviii) the largest Mortgage Loan balance outstanding in each Groupoutstanding;
(viv) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(viv) the Retained Interest, the Servicing Fees and Master Servicing Fees allocable to each GroupFees;
(viivi) One-Month LIBOR on the most recent Interest Determination Date;
(viiivii) the Pass-Through Interest Rates for the Certificates Notes for the current Accrual Period and whether such rates have been capped;
(ixviii) for each Distribution Payment Date during the Funding Period, the Pre-Funded Amount allocable to each for such Loan Group;
(xix) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xix) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (aA), (bB) and (cC) of paragraph (i) above represent with respect to all Mortgage Loans in each GroupLoans;
(xiixi) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiiixii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xivxiii) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xvxiv) the number and amount by principal balance of 60+ Day Delinquent Loans in each GroupLoans, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvixv) the amount of any payments received under any Cap the Yield Maintenance Agreement.
(b) All allocations made by the Indenture Trustee shall be based on information the Indenture Trustee receives from the Master Servicer which the Indenture Trustee shall be protected in relying on.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Trust 2004-3)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxxx://xxx-xxxx.xxx.xxxxxxxx-xxxx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) (based on a Certificate in the original principal amount or Notional Principal Balance of $1,000):
(A) the amount of the aggregate distributions on such Distribution Date;
(B) the amount of such distribution allocable to interest;
(C) the amount of such distributions allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1M-1, Class M 2, Class M-3M-2, Class B, Applied Realized Loss Amount with respect to, and any Class M 1M-1, Class M 2M-2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution Date;
(D) the Class Certificate Balance after giving effect to any distribution allocable to principalprincipal and the Notional Principal Balance of each Component of the Class A-IO Certificates for the related Distribution Date; and
(E) any Interest Carry Forward Amount and any Cap Carryover Amount;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap RateRate for such Group;
(iii) any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iv) the largest Mortgage Loan balance outstanding in each Group;
(v) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(vi) the Servicing Fees and Master Servicing Fees allocable to each Group;
(vii) One-Month LIBOR on the most recent Interest Determination Date;
(viii) the Pass-Through Rates for the Certificates for the current Accrual Period and whether such rates have been capped;
(ix) for each Distribution Date during the Funding Period, the Pre-Funded Amount allocable to each Group;
(x) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group;
(xii) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xiv) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;; and
(xv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvi) the amount of any payments under any Cap Agreement.
(b) All allocations made by the Trustee shall be based on information the Trustee receives from the Master Servicer which the Trustee shall be protected in relying on.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Saxon Asset Securities Trust 2002-2)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Payment Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Indenture Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxxxx://xxx.xxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates Securityholder and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) Notes (based on a Certificate in the an original principal amount of $1,000):
(A) the amount of the aggregate distributions payments on such Distribution Payment Date;
(B) the amount of such distribution payment allocable to interest;
(C) the amount of such distributions payment allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1, Class M 2, Class M-3, Class B, Applied Realized Loss Amount with respect to, and any Class M 1, Class M 2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution DatePayment Amount;
(D) the Class Certificate Principal Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount and any Cap Carryover AmountAvailable Funds Shortfall;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) by Loan Group, any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iviii) the largest Mortgage Loan balance outstanding in each Groupoutstanding;
(viv) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(viv) the Servicing Fees and Master Servicing Fees allocable to each GroupFees;
(viivi) One-Month LIBOR on the most recent Interest Determination Date;
(viiivii) the Pass-Through Interest Rates for the Certificates Notes for the current Accrual Period and whether such rates have been capped;
(ixviii) for each Distribution Payment Date during the Funding Period, the Pre-Funded Amount allocable to each for such Loan Group;
(xix) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xix) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (aA), (bB) and (cC) of paragraph (i) above represent with respect to all Mortgage Loans in each GroupLoans;
(xiixi) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiiixii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xivxiii) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xvxiv) the number and amount by principal balance of 60+ Day Delinquent Loans in each GroupLoans, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvixv) the amount of any payments received under any Cap each Yield Maintenance Agreement.
(b) All allocations made by the Indenture Trustee shall be based on information the Indenture Trustee receives from the Master Servicer which the Indenture Trustee shall be protected in relying on.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Trust 2005-2)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxxxx://xxx.xxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) (based on a Certificate in the original principal amount of $1,000):
(A) the amount of the aggregate distributions on such Distribution Date;
(B) the amount of such distribution allocable to interest;
(C) the amount of such distributions allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1M-1, Class M 2M-2, Class M-3, Class BM-4, Class M-5, Class M-6, Class B-1, Class B-2, Class B-3 and Class B-4 Applied Realized Loss Amount with respect to, and any Class M 1X-0, Xxxxx X-0, Class M 2M-3, Class M-3 M-4, Class M-5, Class M-6, Class B-1, Class B-2, Class B-3, and Class B, B-4 Unpaid Realized Loss Amount atAmount, at such Distribution Date;
(D) the Class Certificate Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount and any Cap Carryover Amount;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) any Subsequent Recoveries and Realized Losses for Group I I, Group II and Group II III for the period and since the Cut Off Cut-off Date;
(iv) the largest Mortgage Loan balance outstanding in each Group;
(v) the Prepayment Penalties owed by borrowers collected and (if different) collected by the Servicer or the Master Servicerowed;
(vi) the Servicing Fees and Master Servicing Fees allocable to each Group, and any fees paid to the Trustee or the Custodian;
(vii) One-Month LIBOR on the most recent Interest Determination Date;
(viii) the Pass-Through Rates for the Certificates for the current Accrual Period and whether such rates have been capped;
(ix) for each Distribution Date during the Funding Period, the Pre-Funded Amount allocable to each Group;
(x) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (ix) above represent with respect to all Mortgage Loans in each Group;
(xii) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xiv) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period;
(xvi) the aggregate Stated Principal Balance of the Mortgage Loans, the Mortgage Rates (in incremental ranges), the Weighted Average Net Rate, the weighted average life and the weighted average remaining term of the Mortgage Loans, at the beginning and at the end of the related Prepayment Period;
(xvii) the Stated Principal Balance of the Mortgage Loans whose Mortgage Rates adjust on the basis of six-month LIBOR at the end of the related Prepayment Period;
(xviii) the amount of cash flow received for such Distribution Date, and the sources thereof;
(xix) the Realized Losses, if any, allocated to each Class of Certificates on that Distribution Date;
(xx) the applicable Record Date, Accrual Period and calculation date for each Class of Certificates and such Distribution Date;
(xxi) the amount on deposit in the Master Servicer Custodial Account and the Distribution Account as of such Distribution Date (after giving effect to distributions on such date) and as of the prior Distribution Date;
(xxii) the amount of any PMI Insurance Premiums paid during the related Due Period;
(xxiii) the aggregate amount of any insurance claim payments received with respect to the Bulk PMI Policy during the related Due Period; and
(xvixxiv) the amount of any payments under any Cap the Swap Agreement.
(b) All allocations made by the Trustee shall be based on information the Trustee receives from the Master Servicer which the Trustee shall be protected in relying on.. In addition to the information listed above, such report shall also include such other information as is required by Form 10-D, including, but not limited to, the information required by Item 1121 (§ 229.1121) of Regulation AB, to the extent such information is provided to the Trustee on a timely basis by the responsible party as set forth in Exhibit S.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Saxon Asset Securities Trust 2006-2)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Payment Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Indenture Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxxxx://xxx.xxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates Securityholder and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) Notes (based on a Certificate in the an original principal amount of $1,000):
(A) the amount of the aggregate distributions payments on such Distribution Payment Date;
(B) the amount of such distribution payment allocable to interest;
(C) the amount of such distributions payment allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1, Class M 2, Class M-3, Class B, Applied Realized Loss Amount with respect to, and any Class M 1, Class M 2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution DatePayment Amount;
(D) the Class Certificate Principal Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount and any Cap Carryover AmountAvailable Funds Shortfall;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) by Loan Group, any Subsequent Recoveries Recoveries, Monthly Advances and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iviii) the largest Mortgage Loan balance outstanding in each Groupoutstanding;
(viv) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(viv) the Servicing Fees Fees, Retained Interest and Master Servicing Fees allocable and the amount of any fees paid to each Groupthe Owner Trustee, the Indenture Trustee, the Custodian or the Administrator;
(viivi) One-Month LIBOR on the most recent Interest Determination Date;
(viiivii) the Pass-Through Interest Rates for the Certificates Notes for the current Accrual Period and whether such rates have been capped;
(ixviii) for each Distribution Payment Date during the Funding Period, the Pre-Funded Amount allocable to each for such Loan Group;
(xix) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xix) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (aA), (bB) and (cC) of paragraph (i) above represent with respect to all Mortgage Loans in each GroupLoans;
(xiixi) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiiixii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xivxiii) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xvxiv) the number aggregate Stated Principal Balance of the Mortgage Loans, the Mortgage Rates (in incremental ranges), the Net Rate, the weighted average life and amount by principal balance the weighted average remaining term of 60+ Day Delinquent Loans in each Groupthe Mortgage Loans, in each case by Servicer at the beginning and as of at the end of the related Prepayment Period; and;
(xv) the Stated Principal Balance of the Mortgage Loans whose Mortgage Rates adjust on the basis of the six-month LIBOR and one-month CMT at the end of the related Prepayment Period;
(xvi) the amount of cash flow received for such Payment Date, and the sources thereof;
(xvii) the Realized Losses, if any, allocated to each Class of Notes on that Payment Date;
(xviii) the applicable Record Date, Accrual Period and calculation date for each Class of Notes and such Payment Date;
(xix) the amount on deposit in the Master Servicer Custodial Account and the Payment Account as of such Payment Date (after giving effect to distributions on such date) and as of the prior Payment Date; and
(xx) the amount of any payments made or received under any Cap the Yield Maintenance Agreement.
(b) All allocations made by the Indenture Trustee shall be based on information the Indenture Trustee receives from the Master Servicer which the Indenture Trustee shall be protected in relying on.. In addition to the information listed above, such report shall also include such other information as is required by Form 10-D, including, but not limited to, the information required by Item 1121 (§ 229.1121) of Regulation AB, to the extent such information is provided by the responsible party as set forth in Exhibit J.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Trust 2006-1)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Date, based on information provided by the Servicer at such times and in form and content[, as acceptable to the Master Servicer in its reasonable discretion, ,] the Master [Master] Servicer shall report or cause to be published on the Trustee’s 's website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxxx://xxx.__________, or such other website designated by the Master [Master] Servicer as may be set forth in a notice provided to the Holder of each of the Certificates and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) (based on a Certificate in the original principal amount of $1,000):
(A) the amount of the aggregate distributions on such Distribution Date;
(B) the amount of such distribution allocable to interest;
(C) the amount of such distributions allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1M-__, Class M 2, Class M-3M-__, Class B, Applied Realized Loss Amount with respect to, and any Class M 1M-__, Class M 2M-__, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution Date;
(D) the Class Certificate Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount and any Cap Carryover Amount;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iv) the largest Mortgage Loan balance outstanding in each Group;
(v) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer [or the Master Servicer];
(vi) the Servicing Fees [and Master Servicing Fees Fees] allocable to each Group;
(vii) One-Month LIBOR on the most recent Interest Determination Date;
(viii) the Pass-Through Rates for the Certificates for the current Accrual Period and whether such rates have been capped;
(ix) for each Distribution Date during the Funding Period, the Pre-Funded Amount allocable to each Group;
(x) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group;
(xii) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xiv) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;; and
(xv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvi) the amount of any payments under any Cap Agreement.
(b) All allocations made by the Trustee shall be based on information the Trustee receives from the Master Servicer which the Trustee shall be protected in relying on.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Aegis Asset Backed Securities Corp)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) (based on a Certificate in the original principal amount of $1,000):
(A) the amount of the aggregate distributions on such Distribution Date;
(B) the amount of such distribution allocable to interest;
(C) the amount of such distributions allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1, Class M 2, Class M-3, Class BM-4, Class M-5 and Class M-6, Applied Realized Loss Amount with respect to, and any Class M 1, Class M 2, Class M-3 M-3, Class M-4, Class M-5 and Class B, M-6 and only Unpaid Realized Loss Amount atAmount, at such Distribution Date;
(D) the Class Certificate Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount, any Cap Carryover Amount and any Net Cap Carryover Amount;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) any Subsequent Recoveries and Realized Losses for Group I I, Group II and Group II III for the period and since the Cut Off Date;
(iv) the largest Mortgage Loan balance outstanding in each Group;
(v) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer[Reserved];
(vi) the Servicing Fees and Master Servicing Fees allocable to each Group;
(vii) One-Month LIBOR on the most recent Interest Determination Date;
(viii) the Pass-Through Rates for the Certificates for the current Accrual Period and whether such rates have been capped;
(ix) for each Distribution Date during the Funding Period, the Pre-Funded Amount allocable to each Group;
(x) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group;
(xii) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xiv) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvi) the amount of any payments under any Cap Agreement.
(b) All allocations made by the Trustee shall be based on information the Trustee receives from the Master Servicer which the Trustee shall be protected in relying on.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Saxon Asset Sec Co Mort Loan Asset Backed Certs Ser 2003-3)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Payment Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Indenture Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates Securities and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) Offered Securities (based on a Certificate Note in the original principal amount of $1,000 or a Class S Certificate Notional Principal Balance of $1,000, as applicable):
(A) the amount of the aggregate distributions payments on such Distribution Payment Date;
(B) the amount of such distribution payment allocable to interest;
(C) the amount of such distributions payment allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1, Class M 2, Class M-3, Class B, Applied Realized Loss Amount with respect to, and any Class M 1, Class M 2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution DatePayment Amount;
(D) the Class Certificate Principal Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount and any Cap Carryover Amount;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iviii) the largest Mortgage Loan balance outstanding in each Group;
(viv) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(viv) the Servicing Fees and Master Servicing Fees allocable to each Group;
(viivi) One-Month LIBOR on the most recent Interest Determination Date;
(viiivii) the Pass-Through Interest Rates for the Notes and Class S Certificates for the current Accrual Period and whether such rates have been capped;
(ixviii) for each Distribution Payment Date during the Funding Period, the Pre-Funded Amount allocable to each Group;
(xix) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xix) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group;
(xiixi) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiiixii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xivxiii) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xvxiv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvixv) the amount of any payments under any Cap Agreement.
(b) All allocations made by the Indenture Trustee shall be based on information the Indenture Trustee receives from the Master Servicer which the Indenture Trustee shall be protected in relying on.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Co)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Trustee’s 's website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxxx://xxx-xxxx.xxx.xxxxxxxx-xxxx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) (based on a Certificate in the original principal amount or Notional Principal Balance of $1,000):
(A) the amount of the aggregate distributions on such Distribution Date;
(B) the amount of such distribution allocable to interest;
(C) the amount of such distributions allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1M–1, Class M 2, Class M-3M–2, Class B, Applied Realized Loss Amount with respect to, and any Class M 1M–1, Class M 2M–2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution Date;
(D) the Class Certificate Balance after giving effect to any distribution allocable to principalprincipal and the Notional Principal Balance of each Component of the Class A-IO Certificates for the related Distribution Date; and
(E) any Interest Carry Forward Amount and any Cap Carryover Amount;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap RateRate for such Group;
(iii) any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iv) the largest Mortgage Loan balance outstanding in each Group;
(v) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(vi) the Servicing Fees and Master Servicing Fees allocable to each Group;
(vii) One-Month LIBOR on the most recent Interest Determination Date;
(viii) the Pass-Through Rates for the Certificates for the current Accrual Period and whether such rates have been capped;
(ix) for each Distribution Date during the Funding Period, the Pre-Funded Amount allocable to each Group;
(x) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 59 30–59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group;
(xii) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xiv) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;; and
(xv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvi) the amount of any payments under any Cap Agreement.
(b) All allocations made by the Trustee shall be based on information the Trustee receives from the Master Servicer which the Trustee shall be protected in relying on.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Saxon Asset Securities Trust 2002-2)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Payment Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Indenture Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr[ ], or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates Securityholder and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) Notes (based on a Certificate in the an original principal amount of $1,000):
(A) the amount of the aggregate distributions payments on such Distribution Payment Date;
(B) the amount of such distribution payment allocable to interest;
(C) the amount of such distributions payment allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1, Class M 2, Class M-3, Class B, Applied Realized Loss Amount with respect to, and any Class M 1, Class M 2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution DatePayment Amount;
(D) the Class Certificate Principal Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount and any Cap Carryover AmountAvailable Funds Shortfall;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) by Loan Group, any Subsequent Recoveries Recoveries, Monthly Advances and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iviii) the largest Mortgage Loan balance outstanding in each Groupoutstanding;
(viv) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(viv) the Servicing Fees and Master Servicing Fees allocable and the amount of any fees paid to each Groupthe Owner Trustee, the Indenture Trustee, the Custodian or the Administrator;
(viivi) [One-Month LIBOR LIBOR] [other applicable indices] on the most recent Interest Determination Date;
(viiivii) the Pass-Through Interest Rates for the Certificates Notes for the current Accrual Period and whether such rates have been capped;
(ixviii) [for each Distribution Payment Date during the Funding Period, the Pre-Funded Amount allocable to each for such Loan Group;]
(xix) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xix) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (aA), (bB) and (cC) of paragraph (i) above represent with respect to all Mortgage Loans in each GroupLoans;
(xiixi) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiiixii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xivxiii) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xvxiv) the number aggregate Stated Principal Balance of the Mortgage Loans, the Mortgage Rates (in incremental ranges), the Net Rate, the weighted average life and amount by principal balance the weighted average remaining term of 60+ Day Delinquent Loans in each Groupthe Mortgage Loans, in each case by Servicer at the beginning and as of at the end of the related Prepayment Period; and;
(xv) the Stated Principal Balance of the Mortgage Loans whose Mortgage Rates adjust on the basis of the [describe any applicable indices] at the end of the related Prepayment Period;
(xvi) the amount of cash flow received for such Payment Date, and the sources thereof;
(xvii) the Realized Losses, if any, allocated to each Class of Notes on that Payment Date;
(xviii) the applicable Record Date, Accrual Period and calculation date for each Class of Notes and such Payment Date;
(xix) the amount on deposit in the Master Servicer Custodial Account and the Payment Account as of such Payment Date (after giving effect to distributions on such date) and as of the prior Payment Date; and
(xx) [the amount of any payments made or received under any Cap the Yield Maintenance Agreement.]
(b) All allocations made by the Indenture Trustee shall be based on information the Indenture Trustee receives from the Master Servicer which the Indenture Trustee shall be protected in relying on. In addition to the information listed above, such report shall also include such other information as is required by Form 10-D, including, but not limited to, the information required by Item 1121 (§ 229.1121) of Regulation AB.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Co)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Payment Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Indenture Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxxxx://xxx.xxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates Securityholder and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) Notes (based on a Certificate in the an original principal amount of $1,000):
(A) the amount of the aggregate distributions payments on such Distribution Payment Date;
(B) the amount of such distribution payment allocable to interest;
(C) the amount of such distributions payment allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1, Class M 2, Class M-3, Class B, Applied Realized Loss Amount with respect to, and any Class M 1, Class M 2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution DatePayment Amount;
(D) the Class Certificate Principal Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount and any Cap Carryover AmountAvailable Funds Shortfall;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) by Loan Group, any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iviii) the largest Mortgage Loan balance outstanding in each Groupoutstanding;
(viv) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(viv) the Servicing Fees and Master Servicing Fees allocable to each GroupFees;
(viivi) One-Month LIBOR on the most recent Interest Determination Date;
(viiivii) the Pass-Through Interest Rates for the Certificates Notes for the current Accrual Period and whether such rates have been capped;
(ixviii) for each Distribution Payment Date during the Funding Period, the Pre-Funded Amount allocable to each for such Loan Group;
(xix) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xix) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (aA), (bB) and (cC) of paragraph (i) above represent with respect to all Mortgage Loans in each GroupLoans;
(xiixi) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiiixii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xivxiii) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xvxiv) the number and amount by principal balance of 60+ Day Delinquent Loans in each GroupLoans, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvixv) the amount of any payments made or received under any Cap the Yield Maintenance Agreement.
(b) All allocations made by the Indenture Trustee shall be based on information the Indenture Trustee receives from the Master Servicer which the Indenture Trustee shall be protected in relying on.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Trust 2005-3)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invrxxxxx://xxx.xxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) (based on a Certificate in the original principal amount of $1,000):
(A) the amount of the aggregate distributions on such Distribution Date;
(B) the amount of such distribution allocable to interest;
(C) the amount of such distributions allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1M-1, Class M 2M-2, Class M-3, Class BM-4, Class M-5, Class M-6, Class B-1, Class B-2 and Class B-3 Applied Realized Loss Amount with respect to, and any Class M 1X-0, Xxxxx X-0, Class M 2M-3, Class M-3 M-4, Class M-5, Class M-6, Class B-1, Class B-2 and Class B, B-3 and only Unpaid Realized Loss Amount atAmount, at such Distribution Date;
(D) the Class Certificate Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount, any Cap Carryover Amount and any Net Cap Carryover Amount;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Cut-off Date;
(iv) the largest Mortgage Loan balance outstanding in each Group;
(v) the Prepayment Penalties owed by borrowers collected and (if different) collected by the Servicer or the Master Servicerowed;
(vi) the Servicing Fees and Master Servicing Fees allocable to each Group;
(vii) One-Month LIBOR on the most recent Interest Determination Date;
(viii) the Pass-Through Rates for the Certificates for the current Accrual Period and whether such rates have been capped;
(ix) for each Distribution Date during the Funding Period, the Pre-Funded Amount allocable to each Group;
(x) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group;
(xii) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xiv) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;
(xv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period; and;
(xvi) the amount of any payments under any Cap Agreement.PMI Insurance Premiums paid during the related Due Period;
(bxvii) All allocations made by the Trustee shall be based on information aggregate amount of any insurance claim payments received with respect to the Trustee receives from Bulk PMI Policy during the Master Servicer which the Trustee shall be protected in relying on.related Due Period; and
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Saxon Asset Securities Trust 2005-4)
Reports by or on Behalf of the Master Servicer. (a) On or as soon as practicable following each Distribution Date, based on information provided by the Servicer at such times and in form and content, as acceptable to the Master Servicer in its reasonable discretion, the Master Servicer shall report or cause to be published on the Trustee’s website located at xxxxx://xxx.xxxxxxxxxxxxxx.xx.xxx/invr, or such other website designated by the Master Servicer as may be set forth in a notice provided to the Holder of each of the Certificates and each Rating Agency, the following information:
(i) with respect to each Class of Certificates (other than Class C and Class R) (based on a Certificate in the original principal amount of $1,000):
(A) the amount of the aggregate distributions on such Distribution Date;
(B) the amount of such distribution allocable to interest;
(C) the amount of such distributions allocable to principal, separately identifying the aggregate amount of any prepayments, Substitution Adjustment Amounts, repurchase amounts pursuant to Article 2 or other recoveries of principal included therein, any Extra Principal Distribution Amount and any Class M 1M-1, Class M 2, Class M-3M-2, Class B, Applied Realized Loss Amount with respect to, and any Class M 1M-1, Class M 2M-2, Class M-3 and Class B, Unpaid Realized Loss Amount at, such Distribution Date;
(D) the Class Certificate Balance after giving effect to any distribution allocable to principal; and
(E) any Interest Carry Forward Amount and any Cap Carryover Amount;
(ii) the Net WAC Cap applicable to each Class of Certificates and the Maximum Cap Rate;
(iii) any Subsequent Recoveries and Realized Losses for Group I and Group II for the period and since the Cut Off Date;
(iv) the largest Mortgage Loan balance outstanding in each Group;
(v) the Prepayment Penalties owed by borrowers and (if different) collected by the Servicer or the Master Servicer;
(vi) the Servicing Fees and Master Servicing Fees allocable to each Group;
(vii) One-Month LIBOR on the most recent Interest Determination Date;
(viii) the Pass-Through Rates for the Certificates for the current Accrual Period and whether such rates have been capped;
(ix) for each Distribution Date during the Funding Period, the Pre-Funded Amount allocable to each Group;
(x) the number and aggregate principal balances of Mortgage Loans in each Group (a) 30 30-59 days Delinquent, (b) 60-89 days Delinquent and (c) 90 or more days Delinquent, as of the close of business as of the end of the related prepayment period;
(xi) the percentage that each of the Stated Principal Balances set forth pursuant to clauses (a), (b) and (c) of paragraph (i) above represent with respect to all Mortgage Loans in each Group;
(xii) the number and Stated Principal Balance of all Mortgage Loans in each Group in foreclosure proceedings as of the close of business as of the end of the related Prepayment Period and in the immediately preceding Prepayment Period;
(xiii) the number of Mortgagors and the Stated Principal Balances of Mortgage Loans in each Group involved in bankruptcy proceedings as of the close of business as of the end of the related Prepayment Period;
(xiv) the aggregate number and aggregate book value of any REO Property in each Group as of the close of business as of the end of the related Prepayment Period;; and
(xv) the number and amount by principal balance of 60+ Day Delinquent Loans in each Group, in each case by Servicer and as of the end of the related Prepayment Period; and
(xvi) the amount of any payments under any Cap Agreement.
(b) All allocations made by the Trustee shall be based on information the Trustee receives from the Master Servicer which the Trustee shall be protected in relying on.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Saxon Asset Securities Trust 2002-1)