Common use of Reports to Clause in Contracts

Reports to. certificate holders and others (a) On or before each distribution day, CitiMortgage will deliver to each certificate and residual certificate holder, any Insurer, the Trustee, the Paying Agent, each rating agency and each Underwriter, a distribution report setting forth for that distribution day: (i) for each pool, the pool distribution amount; (ii) for each outstanding class, the interest distribution for a single certificate; (iii) for each outstanding class, the principal distribution for a single certificate, net of any deductions for reimbursements to PO classes; (iv) for each outstanding PO class, the amount of any reimbursements from the subordinated classes; (v) for each outstanding class, the distribution of loss recoveries for a single certificate; (vi) for each outstanding class, the principal or notional balance of a single certificate, and the aggregate principal or notional balance of the class, after giving effect to the distributions on the distribution day; (vii) for each outstanding class, any increase or decrease in principal or notional balance of a single certificate since the preceding distribution day (including for each outstanding accrual class, the amount of any accrued interest added to the principal balance of a single certificate), after giving effect to the distributions on the distribution days; (viii) for each outstanding class, any decrease in principal balance of a single certificate that is not the result of a principal distribution; (ix) for each outstanding target-rate class, its target-rate class percentage and, for a multi-pool series, its group target rate class percentage; (x) for each pool, the percentage of unscheduled principal payments on the pool‘s target-rate strip allocated on the distribution day to the related group’s senior target-rate classes. (xi) for each outstanding class, any interest allocation carryforward applicable to the next succeeding distribution day; (xii) the collected servicing fee and master servicing fee for the month preceding the month of the distribution day, as reduced, for the servicing fee, by the amount of any deposits by CitiMortgage under section 3.4 for prepayment interest shortfalls; (xiii) for each outstanding insured class, the amount of any premiums paid to an Insurer out of remittances for the month preceding the distribution day, and any amount to be paid by an Insurer to holders of single certificates on the distribution day; (xiv) for each pool and for the series, the aggregate amount of remittances received from the first day of the month preceding the month in which the distribution day occurs through the first day of the following month; (xv) for each pool and for the series, any servicing account advances, voluntary and third-party servicer advances calculated as of the determination date, Paying Agent advances, advance account advances, uncommitted cash advances and any other amounts charged thereto for the applicable distribution day; (xvi) for each pool and for the series, reimbursement for the distribution day of any servicing account advances, voluntary advances, third-party servicer advances, Paying Agent advances, advance account advances, and uncommitted cash advances for any prior distribution day; (xvii) for each pool and for the series, the aggregate scheduled principal balance of the mortgage loans as of the last day of the month preceding the month of the distribution, after giving effect to payments on the mortgage loans due on the related first day of the month and principal prepayments distributed on the distribution day; (xviii) for each pool and for the series, the weighted average mortgage interest rate (before deduction of the servicing fee) and the weighted average remaining term to stated maturity, after giving effect to distributions on the distribution day; (xix) for each pool and for the series, the number and aggregate principal balance of mortgage loans delinquent 30 days and 60 or more days (as determined by CitiMortgage under the Mortgage Bankers Association method); (xx) for each pool and for the series, the book value of any REO property; and (xxi) any other information required for a distribution report on Form 10-D under the federal securities laws. The distribution report will provide appropriate introductory and explanatory information to introduce any material terms, parties or abbreviations used, and shall state the applicable record, determination and distribution dates. CitiMortgage will determine the format of the distribution report, and may include additional information relating to the series if CitiMortgage believes such information may be material to certificate holders. CitiMortgage will provide certificate holders that are federally insured savings and loan associations with certain reports, and will provide access to information and documentation regarding the mortgage loans included in the Trust Fund, sufficient to permit such associations to comply with applicable regulations of the Office of Thrift Supervision. Any report required by this subsection (a) to be delivered to any person will be deemed delivered when it is posted to CitiMortgage’s website, www-.citimortgagembs.-com, or to any other website of which CitiMortgage gives prior notice to the person, and the person can access the statement or report on the website without paying an additional charge or subscription fee. (b) CitiMortgage will provide the Paying Agent and the Trustee by the third business day before each distribution day with a statement of the information set forth in clauses (i) through (xii) of subsection (a), such information to be given in the aggregate. (c) Not later than 15 business days after receipt of a written request from the Trustee, CitiMortgage will deliver to the Trustee a statement, certified by a Servicing Officer, of the aggregate of deposits in and withdrawals from the certificate account for each category of deposit specified in sections 3.3 and each category of withdrawal specified in section 3.8 for any distribution day specified by the Trustee. (d) The Trustee may at any time during normal business hours inspect and copy at CitiMortgage’s expense CitiMortgage’s books, records and accounts for the mortgage loans. (e) CitiMortgage will provide to any Insurer each notice, report, opinion or other written item (other than mortgage documents) delivered pursuant to the penultimate paragraph of section 2.3 and sections 2.4, 3.5, 3.6, 3.14(a), 3.19, 3.21, 3.22, 4.3, 4.4, 8.8, 9.1, 10.1, and 11.2.

Reports to. certificate holders and others (a) On or before each distribution day, CitiMortgage will deliver to each certificate and residual certificate holder, any Insurer, the Trustee, the Paying Agent, each rating agency and each Underwriter, a distribution report setting forth for that distribution day: (i) for each pool, the pool distribution amount; (ii) for each outstanding class, the interest distribution for a single certificate; (iii) for each outstanding class, the principal distribution for a single certificate, net of any deductions for reimbursements to PO classes; (iv) for each outstanding PO class, the amount of any reimbursements from the subordinated classes; (v) for each outstanding class, the distribution of loss recoveries for a single certificate; (vi) for each outstanding class, the principal or notional balance of a single certificate, and the aggregate principal or notional balance of the class, after giving effect to the distributions on the distribution day; (vii) for each outstanding class, any increase or decrease in principal or notional balance of a single certificate since the preceding distribution day (including for each outstanding accrual class, the amount of any accrued interest added to the principal balance of a single certificate), after giving effect to the distributions on the distribution days; (viii) for each outstanding class, any decrease in principal balance of a single certificate that is not the result of a principal distribution; (ix) for each outstanding target-rate class, its target-rate class percentage and, for a multi-pool series, its group target rate class percentage; (x) for each pool, the percentage of unscheduled principal payments on the pool‘s target-rate strip allocated on the distribution day to the related group’s senior target-rate classes. (xi) for each outstanding class, any interest allocation carryforward applicable to the next succeeding distribution day; (xii) the collected servicing fee and master servicing fee for the month preceding the month of the distribution day, as reduced, for the servicing fee, by the amount of any deposits by CitiMortgage under section 3.4 for prepayment interest shortfalls; (xiii) for each outstanding insured class, the amount of any premiums paid to an Insurer out of remittances for the month preceding the distribution day, and any amount to be paid by an Insurer to holders of single certificates on the distribution day; (xiv) for each pool and for the series, the aggregate amount of remittances received from the first day of the month preceding the month in which the distribution day occurs through the first day of the following month; (xv) for each pool and for the series, any servicing account advances, voluntary and third-party servicer advances calculated as of the determination date, Paying Agent advances, advance account advances, uncommitted cash advances and any other amounts charged thereto for the applicable distribution day; (xvi) for each pool and for the series, reimbursement for the distribution day of any servicing account advances, voluntary advances, third-party servicer advances, Paying Agent advances, advance account advances, and uncommitted cash advances for any prior distribution day; (xvii) for each pool and for the series, the aggregate scheduled principal balance of the mortgage loans as of the last day of the month preceding the month of the distribution, after giving effect to payments on the mortgage loans due on the related first day of the month and principal prepayments distributed on the distribution day; (xviii) for each pool and for the series, the weighted average mortgage interest rate (before deduction of the servicing fee) and the weighted average remaining term to stated maturity, after giving effect to distributions on the distribution day; (xix) for each pool and for the series, the number and aggregate principal balance of mortgage loans delinquent 30 days and 60 or more days (as determined by CitiMortgage under the Mortgage Bankers Association method); (xx) for each pool and for the series, the book value of any REO property; and (xxi) any other information required for a distribution report on Form 10-D under the federal securities laws. The distribution report will provide appropriate introductory and explanatory information to introduce any material terms, parties or abbreviations used, and shall will state the applicable record, determination and distribution dates. CitiMortgage will determine the format of the distribution report, and may include additional information relating to the series if CitiMortgage believes such information may be material to certificate holders. CitiMortgage will provide certificate holders that are federally insured savings and loan associations with certain reports, and will provide access to information and documentation regarding the mortgage loans included in the Trust Fund, sufficient to permit such associations to comply with applicable regulations of the Office of Thrift Supervision. Any report required by this subsection (a) to be delivered to any person will be deemed delivered when it is posted to CitiMortgage’s website, www-.citimortgagembs.-comwww­.citimortgagembs.­com, or to any other website of which CitiMortgage gives prior notice to the person, and the person can access the statement or report on the website without paying an additional charge or subscription fee. (b) CitiMortgage will provide the Paying Agent and the Trustee by the third business day before each distribution day with a statement of the information set forth in clauses (i) through (xii) of subsection (a), such information to be given in the aggregate. (c) Not later than 15 business days after receipt of a written request from the Trustee, CitiMortgage will deliver to the Trustee a statement, certified by a Servicing Officer, of the aggregate of deposits in and withdrawals from the certificate account for each category of deposit specified in sections 3.3 and each category of withdrawal specified in section 3.8 for any distribution day specified by the Trustee. (d) The Trustee may at any time during normal business hours inspect and copy at CitiMortgage’s expense CitiMortgage’s books, records and accounts for the mortgage loans. (e) CitiMortgage will provide to any Insurer each notice, report, opinion or other written item (other than mortgage documents) delivered pursuant to the penultimate paragraph of section 2.3 and sections 2.4, 3.5, 3.6, 3.14(a), 3.19, 3.21, 3.22, 4.3, 4.4, 8.8, 9.1, 10.1, and 11.2.

Reports to. certificate holders and others (a) On or before each distribution day, CitiMortgage will deliver to each certificate and residual certificate holder, any Insurer, the Trustee, the Paying Agent, each rating agency and each Underwriter, a distribution report setting forth for that distribution day: (i) for each pool, the pool distribution amount; (ii) for each outstanding class, the interest distribution for a single certificate; (iii) for each outstanding class, the principal distribution for a single certificate, net of any deductions for reimbursements to PO classes; (iv) for each outstanding PO class, the amount of any reimbursements from the subordinated classes; (v) for each outstanding class, the distribution of loss recoveries for a single certificate; (vi) for each outstanding class, the principal or notional balance of a single certificate, and the aggregate principal or notional balance of the class, after giving effect to the distributions on the distribution day; (vii) for each outstanding class, any increase or decrease in principal or notional balance of a single certificate since the preceding distribution day (including for each outstanding accrual class, the amount of any accrued interest added to the principal balance of a single certificate), after giving effect to the distributions on the distribution days; (viii) for each outstanding class, any decrease in principal balance of a single certificate that is not the result of a principal distribution; (ix) for each outstanding target-rate class, its target-rate class percentage and, for a multi-pool series, its group target rate class percentage; (x) for each pool, the percentage of unscheduled principal payments on the pool‘s target-rate strip allocated on the distribution day to the related group’s senior target-rate classes. (xi) for each outstanding class, any interest allocation carryforward applicable to the next succeeding distribution day; (xii) the collected servicing fee and master servicing fee for the month preceding the month of the distribution day, as reduced, for the servicing fee, by the amount of any deposits by CitiMortgage under section 3.4 for prepayment interest shortfalls; (xiii) for each outstanding insured class, the amount of any premiums paid to an Insurer out of remittances for the month preceding the distribution day, and any amount to be paid by an Insurer to holders of single certificates on the distribution day; (xiv) for each pool and for the series, the aggregate amount of remittances received from the first day of the month preceding the month in which the distribution day occurs through the first day of the following month; (xv) for each pool and for the series, any servicing account advances, voluntary and third-party servicer advances calculated as of the determination date, Paying Agent advances, advance account advances, uncommitted cash advances and any other amounts charged thereto for the applicable distribution day; (xvi) for each pool and for the series, reimbursement for the distribution day of any servicing account advances, voluntary advances, third-party servicer advances, Paying Agent advances, advance account advances, and uncommitted cash advances for any prior distribution day; (xvii) for each pool and for the series, the aggregate scheduled principal balance of the mortgage loans as of the last day of the month preceding the month of the distribution, after giving effect to payments on the mortgage loans due on the related first day of the month and principal prepayments distributed on the distribution day; (xviii) for each pool and for the series, the weighted average mortgage interest rate (before deduction of the servicing fee) and the weighted average remaining term to stated maturity, after giving effect to distributions on the distribution day; (xix) for each pool and for the series, the number and aggregate principal balance of mortgage loans delinquent 30 days and 60 or more days (as determined by CitiMortgage under the Mortgage Bankers Association method); (xx) for each pool and for the series, the book value of any REO property; ; (xxi) information on loan modifications, including for each modified loan, its old and new actual principal balance, interest rate, remaining term, capitalized reimbursement amount, forgiven amounts, and the effective date of the modification, and any other information on loan modifications that a rating agency reasonably requests and that CitiMortgage can supply without unreasonable effort or expense, and (xxixxii) any other information required for a distribution report on Form 10-D under the federal securities laws. The distribution report will provide appropriate introductory and explanatory information to introduce any material terms, parties or abbreviations used, and shall will state the applicable record, determination and distribution dates. CitiMortgage will determine the format of the distribution report, and may include additional information relating to the series if CitiMortgage believes such information may be material to certificate holders. CitiMortgage will provide certificate holders that are federally insured savings and loan associations with certain reports, and will provide access to information and documentation regarding the mortgage loans included in the Trust Fund, sufficient to permit such associations to comply with applicable regulations of the Office of Thrift Supervision. Any report required by this subsection (a) to be delivered to any person will be deemed delivered when it is posted to CitiMortgage’s website, www-.citimortgagembs.-comwww­.citimortgagembs.­com, or to any other website of which CitiMortgage gives prior notice to the person, and the person can access the statement or report on the website without paying an additional charge or subscription fee. (b) CitiMortgage will provide the Paying Agent and the Trustee by the third business day before each distribution day with a statement of the information set forth in clauses (i) through (xii) of subsection (a), such information to be given in the aggregate. (c) Not later than 15 business days after receipt of a written request from the Trustee, CitiMortgage will deliver to the Trustee a statement, certified by a Servicing Officer, of the aggregate of deposits in and withdrawals from the certificate account for each category of deposit specified in sections 3.3 and each category of withdrawal specified in section 3.8 for any distribution day specified by the Trustee. (d) The Trustee may at any time during normal business hours inspect and copy at CitiMortgage’s expense CitiMortgage’s books, records and accounts for the mortgage loans. (e) CitiMortgage will provide to any Insurer each notice, report, opinion or other written item (other than mortgage documents) delivered pursuant to the penultimate paragraph of section 2.3 and sections 2.4, 3.5, 3.6, 3.14(a), 3.193.20, 3.213.22, 3.22, 4.3, 4.4, 8.8, 9.1, 10.1, and 11.2.