Common use of Statements to the Owner Clause in Contracts

Statements to the Owner. The Servicer shall furnish to the Owner an individual Mortgage Loan accounting report (a “Report”), as of the last Business Day of each month, in the Servicer's assigned loan number order to document Mortgage Loan payment activity on an individual Mortgage Loan basis. With respect to each month, such Report shall be received by the Owner (i) no later than the fifth Business Day of the following month of the related Remittance Date on a disk or tape or other computer-readable format, in such format as may be mutually agreed upon by both the Owner and the Servicer, and (ii) no later than the tenth Business Day of the following month of the related Remittance Date in hard copy, which Report shall contain the following:

Statements to the Owner. The Servicer shall furnish to the Owner an individual Mortgage Loan accounting report (a “"Report”"), as of the last Business Day of each month, in the Servicer's assigned loan number order to document Mortgage Loan payment activity on an individual Mortgage Loan basis. With respect to each month, such Report shall be received by the Owner (i) no later than the fifth Business Day of the following month of the related Remittance Date on a disk or tape or other computer-readable format, in such format as may be mutually agreed upon by both the Owner and the Servicer, and (ii) no later than the tenth Business Day of the following month of the related Remittance Date in hard copy, which Report shall contain the following:

Statements to the Owner. The Servicer shall furnish to the Owner an individual Mortgage Loan loan accounting report (a “Report”)report, as of the close of business on the last Business Day of each month, in the Servicer's assigned loan number order to document Mortgage Loan payment activity on an individual Mortgage Loan basis. With respect to each month, such Report the corresponding individual loan accounting report shall be received by the Owner (i) no later than the fifth (5th) Business Day of the following month of the related corresponding Remittance Date on a disk or tape or other computer-readable format, format in such format as may be mutually agreed upon by both the Owner and the Servicer, and (ii) no later than the tenth seventh (7th) Business Day of the following month of the related corresponding Remittance Date in hard copy, which Report report, in hard copy, shall contain the following:

Statements to the Owner. The Servicer shall furnish to the Owner an individual Mortgage Loan loan accounting report (a “Report”)report, as of the close of business on the last Business Day of each month, in the Servicer's ’s assigned loan number order to document Mortgage Loan payment activity on an individual Mortgage Loan basis. With respect to each month, such Report the corresponding individual loan accounting report shall be received by the Owner (i) no later than the fifth (5th) Business Day of the following month of the related corresponding Remittance Date on a disk or tape or other computer-readable format, format in such format as may be mutually agreed upon by both the Owner and the Servicer, and (ii) no later than the tenth seventh (7th) Business Day of the following month of the related corresponding Remittance Date in hard copy, which Report report, in hard copy, shall contain the following: