Common use of Reports to Master Servicer Clause in Contracts

Reports to Master Servicer. On or before the tenth calendar day of each month, the Company shall furnish to the Master Servicer electronically in a format acceptable to the Master Servicer loan accounting reports in the investor’s assigned loan number order to document the payment activity on each EMC Mortgage Loan on an individual mortgage loan basis. With respect to each month, such loan accounting reports shall contain the following: (i) with respect to each Scheduled Payment and each Loan Group (on both an actual and scheduled basis with respect to mortgage loan balances and on an actual basis with respect to paid-through dates), the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the amount of any Prepayment Interest Shortfall); (ii) with respect to each Monthly Payment and each Loan Group, the amount of such remittance allocable to scheduled interest; (iii) the amount of servicing compensation received by the Company during the prior calendar month; (iv) with respect to each Loan Group, the aggregate stated principal balance of the EMC Mortgage Loans; (v) with respect to each Loan Group, the aggregate amount of Advances made by the Company pursuant to Section 6.01; (vi) with respect to each Loan Group the aggregate of any expenses reimbursed to the Company during the prior calendar month pursuant to Section 5.02; (vii) with respect to each Loan Group the number and aggregate outstanding principal balances of EMC Mortgage Loans (a) delinquent (1) 30 to 59 days, (2) 60 to 89 days, (3) 90 days or more; (b) as to which foreclosure has commenced; and (c) as to which REO Property has been acquired; and (viii) with respect to each Loan Group the amount of any Prepayment Charges collected by the Company and the amount of Prepayment Charges paid by the Company in connection with a waiver that is not permitted under this Agreement.

Reports to Master Servicer. On or before the tenth calendar day of each month, the Company shall furnish to the Master Servicer electronically in a format acceptable to the Master Servicer loan accounting reports in the investor’s 's assigned loan number order to document the payment activity on each EMC Mortgage Loan on an individual mortgage loan basis. With respect to each month, such loan accounting reports shall contain the following: (i) with respect to each Scheduled Payment and each Loan Group (on both an actual and scheduled basis with respect to mortgage loan balances and on an actual basis with respect to paid-through dates), the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the amount of any Prepayment Interest Shortfall); (ii) with respect to each Monthly Payment and each Loan Group, the amount of such remittance allocable to scheduled interest; (iii) the amount of servicing compensation received by the Company during the prior calendar month; (iv) with respect to each Loan Group, the aggregate stated scheduled principal balance of the EMC Mortgage Loans; (v) with respect to each Loan Group, the aggregate amount of Advances made by the Company pursuant to Section 6.01; (vi) with respect to each Loan Group the aggregate of any expenses reimbursed to the Company during the prior calendar calender month pursuant to Section 5.02; (vii) with respect to each Loan Group the number and aggregate outstanding principal balances of EMC Mortgage Loans (a) delinquent (1) 30 to 59 days, (2) 60 to 89 days, (3) 90 days or more; (b) as to which foreclosure has commenced; and (c) as to which REO Property has been acquired; and (viii) with respect to each Loan Group the amount of any Prepayment Charges collected by the Company and the amount of Prepayment Charges paid by the Company in connection with a waiver that is not permitted under this Agreement.

Reports to Master Servicer. On or before the tenth calendar day of each month, the Company shall furnish to the Master Servicer electronically in a format acceptable to the Master Servicer loan accounting reports in the investor’s assigned loan number order to document the payment activity on each EMC Mortgage Loan on an individual mortgage loan basis. With respect to each month, such loan accounting reports shall contain be in the followingformat agreed to by the Company and the Master Servicer, including but not limited to the following information with respect to each EMC Mortgage Loan: (i) with respect to each Scheduled Monthly Payment and each Loan Group (on both an actual and scheduled basis with respect to mortgage loan balances and on an actual basis with respect to Mortgage Loan balances and paid-through dates), the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the amount of any Prepayment Interest Shortfall); (ii) with respect to each Monthly Payment and each Loan GroupPayment, the amount of such remittance allocable to scheduled interest; (iii) the amount of servicing compensation received by the Company during the prior calendar month; (iv) with respect to each Loan Group, the aggregate stated principal balance of the EMC Mortgage Loans; (v) with respect to each Loan Group, the aggregate amount of Advances made by the Company pursuant to Section 6.01; (vi) with respect to each Loan Group the aggregate of any expenses reimbursed to the Company during the prior calendar month pursuant to Section 5.02; (vii) with respect to each Loan Group the aggregate Additional Balances created during the prior calendar month; (viii) the number and aggregate outstanding principal balances of EMC Mortgage Group I Loans or Group II HELOCs, as applicable, (a) delinquent delinquent, exclusive of Group I Loans or Group II HELOCs in foreclosure, (1) 30 31 to 59 60 days, (2) 60 61 to 89 90 days and (3) 91 or more days, (B) in foreclosure and Delinquent (1) 31 to 60 days, (2) 61 to 90 days and (3) 91 or more days and (C) in bankruptcy and Delinquent (1) 31 to 60 days, (2) 61 to 90 days or more; (b) as to which foreclosure has commenced; and (c3) 91 or more days, in each case as to which REO Property has been acquiredof the close of business on the last day of the calendar month preceding such Distribution Date; and (viiiix) with respect to each Loan Group the amount of any Prepayment Charges collected by the Company and the amount of Prepayment Charges paid by the Company in connection with a waiver that is not permitted under this Agreement. On or before the eighteenth calendar day of each month, or if such day is not a Business Day, the preceding Business Day, the Company shall furnish to the Master Servicer electronically in a format acceptable to the Master Servicer a report of all Principal Prepayments. The Master Servicer shall be entitled to rely conclusively on the Mortgage Loan data provided by the Company and the related Servicer and shall have no liability for any errors in such Mortgage Loan data.

Reports to Master Servicer. On or before the tenth calendar day of each month, the Company shall furnish to the Master Servicer electronically in a format acceptable to the Master Servicer loan accounting reports in the investor’s assigned loan number order to document the payment activity on each EMC Mortgage Loan on an individual mortgage loan basis. With respect to each month, such loan accounting reports shall contain be in the followingformat agreed to by the Company and the Master Servicer, including but not limited to the following with respect to each EMC Mortgage Loan: (i) with respect to each Scheduled Monthly Payment and each Loan Group (on both an actual and scheduled basis with respect to mortgage loan balances and on an actual basis with respect to Mortgage Loan balances and paid-through dates), the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the amount of any Prepayment Interest Shortfall); (ii) with respect to each Monthly Payment and each Loan GroupPayment, the amount of such remittance allocable to scheduled interest; (iii) the amount of servicing compensation received by the Company during the prior calendar month; (iv) with respect to each Loan Group, the aggregate stated principal balance of the EMC Mortgage Loans; (v) with respect to each Loan Group, the aggregate amount of Advances made by the Company pursuant to Section 6.01; (vi) with respect to each Loan Group the aggregate of any expenses reimbursed to the Company during the prior calendar month pursuant to Section 5.02; (vii) with respect to each Loan Group the aggregate Additional Balances created during the prior calendar month; (viii) the number and aggregate outstanding principal balances of EMC Mortgage Group I Loans or Group II HELOCs, as applicable, (a) delinquent delinquent, exclusive of Group I Loans or Group II HELOCs in foreclosure, (1) 30 31 to 59 60 days, (2) 60 61 to 89 90 days and (3) 91 or more days, (B) in foreclosure and Delinquent (1) 31 to 60 days, (2) 61 to 90 days and (3) 91 or more days and (C) in bankruptcy and Delinquent (1) 31 to 60 days, (2) 61 to 90 days or more; (b) as to which foreclosure has commenced; and (c3) 91 or more days, in each case as to which REO Property has been acquiredof the close of business on the last day of the calendar month preceding such Distribution Date; and (viiiix) with respect to each Loan Group the amount of any Prepayment Charges collected by the Company and the amount of Prepayment Charges paid by the Company in connection with a waiver that is not permitted under this Agreement. The Master Servicer shall be entitled to rely conclusively on the Mortgage Loan data provided by the Company and the related Servicer and shall have no liability for any errors in such Mortgage Loan data.

Reports to Master Servicer. On or before the tenth calendar day of each month, the Company shall furnish to the Master Servicer electronically in a format acceptable to the Master Servicer loan accounting reports in the investor’s assigned loan number order to document the payment activity on each EMC Mortgage Loan on an individual mortgage loan basis. With respect to each month, such loan accounting reports shall contain the following: (i) with respect to each Scheduled Payment and each Loan Group Subgroup (on both an actual and scheduled basis with respect to mortgage loan balances and on an actual basis with respect to paid-through dates), the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the amount of any Prepayment Interest Shortfall); (ii) with respect to each Monthly Payment and each Loan GroupSubgroup, the amount of such remittance allocable to scheduled interest; (iii) the amount of servicing compensation received by the Company during the prior calendar month; (iv) with respect to each Loan GroupSubgroup, the aggregate stated principal balance of the EMC Mortgage Loans; (v) with respect to each Loan GroupSubgroup, the aggregate amount of Advances made by the Company pursuant to Section 6.01; (vi) with respect to each Loan Group Subgroup, the aggregate of any expenses reimbursed to the Company during the prior calendar month pursuant to Section 5.02; (vii) with respect to each Loan Group Subgroup, the number and aggregate outstanding principal balances of EMC Mortgage Loans (a) delinquent (1) 30 to 59 days, (2) 60 to 89 days, (3) 90 days or more; (b) as to which foreclosure has commenced; and (c) as to which REO Property has been acquired; and (viii) with respect to each Loan Group Subgroup, the amount of any Prepayment Charges collected by the Company and the amount of Prepayment Charges paid by the Company in connection with a waiver that is not permitted under this Agreement.

Reports to Master Servicer. On or before the tenth calendar day of each month, the Company shall furnish to the Master Servicer electronically in a format acceptable to the Master Servicer loan accounting reports in the investor’s 's assigned loan number order to document the payment activity on each EMC Mortgage Loan on an individual mortgage loan basis. With respect to each month, such loan accounting reports shall contain the following: (i) with respect to each Scheduled Payment and each Loan Group (on both an actual and scheduled basis with respect to mortgage loan balances and on an actual basis with respect to paid-through dates), the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the amount of any Prepayment Interest Shortfall); (ii) with respect to each Monthly Payment and each Loan Group, the amount of such remittance allocable to scheduled interest; (iii) the amount of servicing compensation received by the Company during the prior calendar month; (iv) with respect to each Loan Group, the aggregate stated principal balance of the EMC Mortgage Loans; (v) with respect to each Loan Group, the aggregate amount of Advances made by the Company pursuant to Section 6.01; (vi) with respect to each Loan Group the aggregate of any expenses reimbursed to the Company during the prior calendar month pursuant to Section 5.02; (vii) with respect to each Loan Group the number and aggregate outstanding principal balances of EMC Mortgage Loans (a) delinquent (1) 30 to 59 days, (2) 60 to 89 days, (3) 90 days or more; (b) as to which foreclosure has commenced; and (c) as to which REO Property has been acquired; and (viii) with respect to each Loan Group the amount of any Prepayment Charges collected by the Company and the amount of Prepayment Charges paid by the Company in connection with a waiver that is not permitted under this Agreement.

Reports to Master Servicer. On or before the tenth calendar day of each monthmonth (but with respect to the first Payment Date, on the Closing Date), the Company shall furnish to the Master Servicer electronically in a format acceptable to the Master Servicer loan accounting reports in the investor’s assigned loan number order to document the payment activity on each EMC Mortgage Loan on an individual mortgage loan basis. With respect to each month, such loan accounting reports shall contain be in the followingformat agreed to by the Company and the Master Servicer, including but not limited to the following information with respect to each EMC Mortgage Loan: (i) with respect to each Scheduled Monthly Payment and each Loan Group (on both an actual and scheduled basis with respect to mortgage loan balances and on an actual basis with respect to EMC Mortgage Loan balances and paid-through dates), the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the amount of any Prepayment Interest Shortfall); (ii) with respect to each Monthly Payment and each Loan GroupPayment, the amount of such remittance allocable to scheduled interest; (iii) the amount of servicing compensation received by the Company during the prior calendar month; (iv) with respect to each Loan Group, the aggregate stated principal balance of the EMC Mortgage Loans; (v) with respect to each Loan Group, the aggregate amount of Advances made by the Company pursuant to Section 6.01; (vi) with respect to each Loan Group the aggregate of any expenses reimbursed to the Company during the prior calendar month pursuant to Section 5.02; (vi) the aggregate Additional Balances created during the prior calendar month; and (vii) with respect to each Loan Group the number and aggregate outstanding principal balances of EMC Mortgage Loans (a) delinquent delinquent, exclusive of EMC Mortgage Loans in foreclosure, (1) 30 31 to 59 60 days, (2) 60 61 to 89 90 days and (3) 91 or more days, (B) in foreclosure and delinquent (1) 31 to 60 days, (2) 61 to 90 days and (3) 91 or more days and (C) in bankruptcy and delinquent (1) 31 to 60 days, (2) 61 to 90 days or more; (b) as to which foreclosure has commenced; and (c3) 91 or more days, in each case as to which REO Property has been acquired; andof the close of business on the last day of the calendar month preceding such Payment Date. (viii) with respect each EMC Mortgage Loan that has been charged off pursuant to each Section 3.09 of this Agreement and released from the Trust Estate. The Master Servicer and the Securities Administrator shall be entitled to rely conclusively on the Mortgage Loan Group the amount of any Prepayment Charges collected data provided by the Company related Servicer and the amount of Prepayment Charges paid by the Company shall have no liability for any errors in connection with a waiver that is not permitted under this Agreementsuch Mortgage Loan data.