Common use of Reports to Trustee Clause in Contracts

Reports to Trustee. On or before the tenth calendar day of each month, the Servicer shall furnish to the Trustee electronically in a format reasonably acceptable to the Trustee loan accounting reports in the investor's assigned loan number order to document the payment activity on each 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 (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, the amount of such remittance allocable to scheduled interest; (iii) the amount of any Prepayment Charges collected by the Servicer; (iv) the amount of servicing compensation received by the Servicer during the prior calendar month; (v) the Aggregate Loan Balance of the Mortgage Loans in each Loan Group; (vi) the aggregate amount of Advances made by the Servicer pursuant to Section 5.01; (vii) the aggregate of any expenses reimbursed to the Servicer during the prior calendar month pursuant to Section 4.02; and (viii) the number and aggregate outstanding principal balances of 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.

Reports to Trustee. On or before the tenth calendar day of each month, the Servicer Option One shall furnish to the Trustee electronically in a format reasonably acceptable to the Trustee loan accounting reports in the investor's assigned loan number order to document the payment activity on each Option One 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 (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, the amount of such remittance allocable to scheduled interest; (iii) the amount of any Prepayment Charges collected by the Servicer; (iv) the amount of servicing compensation received by the Servicer Option One during the prior calendar month; (viv) the Aggregate Loan Balance aggregate scheduled principal balance of the Option One Mortgage Loans in each Loan GroupLoans; (viv) the aggregate amount of Advances made by the Servicer Option One pursuant to Section 5.01; (viivi) the aggregate of any expenses reimbursed to the Servicer Option One during the prior calendar calender month pursuant to Section 4.02; and (viiivii) the number and aggregate outstanding principal balances of Option One 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.

Reports to Trustee. On or before the tenth calendar day of each month, the Servicer Option One shall furnish to the Trustee electronically in a format reasonably acceptable to the Trustee loan accounting reports in the investor's assigned loan number order to document the payment activity on each Option One 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 (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, the amount of such remittance allocable to scheduled interest; (iii) the amount of any Prepayment Charges collected by the ServicerOption One; (iv) the amount of servicing compensation received by the Servicer Option One during the prior calendar month; (v) the Aggregate Loan aggregate Stated Principal Balance of the Option One Mortgage Loans in each Loan GroupLoans; (vi) the aggregate amount of Advances made by the Servicer Option One pursuant to Section 5.01; (vii) the aggregate of any expenses reimbursed to the Servicer Option One during the prior calendar calender month pursuant to Section 4.02; and (viii) the number and aggregate outstanding principal balances of Option One 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.

Reports to Trustee. On or before the tenth calendar day of each month, the Servicer shall furnish to the Trustee electronically in a format reasonably acceptable to the Trustee loan accounting reports in the investor's assigned loan number order to document the payment activity on each 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 (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, the amount of such remittance allocable to scheduled interest; (iii) the amount of any Prepayment Charges collected by the Servicer; (iv) the amount of servicing compensation received by the Servicer during the prior calendar month; (v) the Aggregate Loan aggregate Stated Principal Balance of the Mortgage Loans in each Loan GroupLoans; (vi) the aggregate amount of Advances made by the Servicer pursuant to Section 5.01; (vii) the aggregate of any expenses reimbursed to the Servicer during the prior calendar calender month pursuant to Section 4.02; and (viii) the number and aggregate outstanding principal balances of 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.

Reports to Trustee. On or before the tenth calendar day of each month, the each Servicer shall furnish to the Trustee electronically in a format reasonably acceptable to the Trustee loan accounting reports in the investor's assigned loan number order to document the payment activity on each Mortgage Loan serviced by such Servicer 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 (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, the amount of such remittance allocable to scheduled interest; (iii) the amount of any Prepayment Charges collected by the related Servicer; (iv) the amount of servicing compensation received by the related Servicer during the prior calendar month; (v) the Aggregate Loan aggregate Stated Principal Balance of the related Mortgage Loans in each Loan GroupLoans; (vi) the aggregate amount of Advances made by the related Servicer pursuant to Section 5.01; (vii) the aggregate of any expenses reimbursed to the related Servicer during the prior calendar calender month pursuant to Section 4.02; and (viii) the number and aggregate outstanding principal balances of 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.

Reports to Trustee. On or before the tenth calendar day of each month, the Servicer shall furnish to the Trustee electronically in a format reasonably acceptable to the Trustee loan accounting reports in the investor's assigned loan number order to document the payment activity on each 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 (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, the amount of such remittance allocable to scheduled interest; (iii) the amount of any Prepayment Charges collected by the Servicer; (iv) the amount of servicing compensation received by the Servicer during the prior calendar month; (v) the Aggregate Loan aggregate Stated Principal Balance of the Mortgage Loans in each Loan GroupLoans; (vi) the aggregate amount of Advances made by the Servicer pursuant to Section 5.01; (vii) the aggregate of any expenses reimbursed to the Servicer during the prior calendar calender month pursuant to Section 4.02; and (viii) the number and aggregate outstanding principal balances of 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.