Common use of Statements to the Purchaser Clause in Contracts

Statements to the Purchaser. With respect to the Mortgage Loans, the Seller shall provide the Purchaser on the Remittance Date, a report that shall set forth for the prior month for each Mortgage Loan: (i) the status of the Custodial Account as of the close of business on such Remittance Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section 11.04 and each category of withdrawal specified in Section 11.05; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the Purchaser. In addition, not more than sixty days after the end of each calendar year, the Seller shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time.

Statements to the Purchaser. With respect Not later than five (5) days prior to the Mortgage Loanseach related Remittance Date, the Seller shall provide forward to the Purchaser a statement in the form specified and with the information required by the monthly reporting format of the Master Servicer, as provided to the Seller by the Purchaser and reasonably acceptable to the Seller. Such statement shall also include information regarding delinquencies on Mortgage Loans, indicating the Remittance Datenumber and aggregate principal amount of Mortgage Loans which are either one (1), two (2) or three (3) or more months Delinquent. The Seller shall also provide such information as set forth above to the Purchaser in electronic form in the Seller’s standard format, a report that shall set forth for the prior month for each Mortgage Loan: (i) the status copy of the Custodial Account as of the close of business on such Remittance Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section 11.04 and each category of withdrawal specified in Section 11.05; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested which has been provided by the Purchaser. In addition, not more than sixty days after the end of each calendar year, the Seller shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar yearSeller. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority authority, the Mortgagor or to any the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the such Purchaser to prepare its federal income tax return returns as any the Purchaser may reasonably request from time to time. With respect to any Mortgage Loans included in a Securitization Transaction, the Purchaser or the Master Servicer may require the Seller, in its capacity as servicer, to the extent required pursuant to Regulation AB, to provide a compliance statement of the servicer in accordance with Item 1123 of Regulation AB, and an assessment of the servicer’s compliance with the servicing criteria set forth in Item 1122(d) of Regulation AB. Notwithstanding anything to the contrary in this Agreement, the Purchaser and the Seller acknowledge and agree that the Seller (i) shall have no obligation to provide originator information as contemplated by Items 1103, 1105, 1110, 1117 and 1119 of Regulation AB; (ii) shall have no obligation to provide static pool information as contemplated by Item 1105 of Regulation AB; and (iii) shall have no obligation to provide servicer information as contemplated by Item 1108 of Regulation AB.

Statements to the Purchaser. With respect to the Mortgage LoansNot later than fifteen days after each Distribution Date, the Seller shall provide forward to the Purchaser on or its designee a statement prepared by the Remittance DateSeller, a report that shall set in the form of Xxxxxx Mae’s Guaranteed Mortgage Pass-Through Program, setting forth for the prior month for each Mortgage Loan: (i) the status of the Custodial Account as of the close of business on such Remittance Distribution Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section Subsection 11.04 and each category of withdrawal specified in Section Subsection 11.05; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the Purchaser. In addition, not more than sixty days after the end of each calendar year, the Seller shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) a listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time.

Statements to the Purchaser. With respect to the Mortgage Loans, the Seller shall provide the Purchaser on the Remittance Date, a report that shall set forth for the prior month for each Mortgage Loan: (i) the status of the Custodial Account as of the close of business on such Remittance Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section 11.04 11.05 and each category of withdrawal specified in Section 11.0511.06; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the Purchaser. In addition, not more than sixty (60) days after the end of each calendar year, the Seller shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time.

Statements to the Purchaser. With respect No later than the Distribution Date, the Master Servicer shall forward to the Mortgage Loans, Purchaser or its designee a statement prepared by the Seller shall provide the Purchaser on the Remittance Date, a report that shall set Master Servicer setting forth for the prior month for each Mortgage Loan: (i) the status of the Custodial Account as of the close of business on such Remittance Distribution Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section Subsection 11.04 and each category of withdrawal specified in Section Subsection 11.05; (ii) . In addition, no later than the Mortgage Interest Rate; (iii) Distribution Date, the amount of any shortfall Master Servicer shall provide the Purchaser a statement with the information described in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the PurchaserSubsection 4.02. In addition, not more than sixty ninety (90) days after the end of each calendar year, the Seller Master Servicer shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Master Servicer shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time. The Master Servicer shall deliver a Data Tape within five Business Days of the end of each calendar month.

Statements to the Purchaser. With respect to the Mortgage Loans, the Seller Option One shall provide the Purchaser on the Remittance Date, a report that shall set forth for the prior month for each Mortgage Loan: (i) the status of the Custodial Account as of the close of business on such Remittance Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section 11.04 11.05 and each category of withdrawal specified in Section 11.0511.06; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the Purchaser. In addition, not more than sixty (60) days after the end of each calendar year, the Seller Option One shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller Option One shall prepare and file deliver any and all tax returns, information statements or other filings information required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Option One shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time. Option One shall also provide the Purchaser a monthly report setting forth the investments that the funds in the Payment Clearing Account, Custodial Account and Escrow Account are held in, and the name and location of each Qualified Depository holding any such funds or investments.

Statements to the Purchaser. With (a) On or before the fifth Business Day of each month, the Seller shall deliver to Purchaser (so that Purchaser receives by such date) a statement setting forth information with respect to the Mortgage LoansLoans in the form of standard Fidelity MSP reports or other mutually agreeable format, Exhibit N, (including an ARM Change Report (24N or similar) when applicable). (b) Upon reasonable advance notice in writing, the Seller shall provide to any Purchaser which is a savings and loan association, a bank, an insurance company, or other regulated or supervised entity reports and access to information and documentation regarding the Mortgage Loans and the transactions contemplated hereby sufficient to permit the Purchaser on to comply with the Remittance Date, a report that shall set forth for the prior month for each Mortgage Loan: (i) the status applicable regulations of the Custodial Account as of the close of business on such Remittance Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified relevant regulatory or supervisory authorities with respect to its investment in Section 11.04 and each category of withdrawal specified in Section 11.05; (ii) the Mortgage Interest RateLoans; provided, however, such Purchaser shall pay the Seller's costs of obtaining such reports, information and documentation. (iiic) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) The Company shall provide each Purchaser with such other information as any Purchaser may be reasonably requested by request from time to time concerning the Purchaser. In addition, not more than sixty days after the end of each calendar year, the Seller shall furnish Mortgage Loans as is necessary for such Purchaser to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable prepare its federal income tax law, return and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller shall prepare and file any and all other tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In additionThe Company shall file information reports with respect to the receipt of mortgage interest received in a trade or business, reports of foreclosures and abandonments of any Mortgaged Property and information returns relating to cancellation of indebtedness income with respect to any Mortgaged Property as required by Sections 6050H, 6050J and 6050P of the Code. Such reports shall be in form and substance sufficient to meet the reporting requirements imposed by such Sections 6050H, 6050J and 6050P of the Code The Company shall or shall file all IRS forms 1099, 1099A, 1098 or 1041 and K-1 which are required to be filed in relation to the servicing and ownership of the related Mortgage Loans. The Company shall provide copies of such forms to the Purchaser upon request and shall reimburse the Purchaser for any costs or penalties incurred by the Purchaser due to the Company's failure to comply with this paragraph. (d) The Seller shall provide to the Purchaser with such additional information concerning regarding the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may shall reasonably request from time to timetime at the purchaser's expense, provide the expenses are reasonable and within industry standard.