RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.,
Company,
RESIDENTIAL FUNDING CORPORATION,
Master Servicer,
and
BANK ONE, NATIONAL ASSOCIATION,
Trustee
SERIES SUPPLEMENT,
DATED AS OF JUNE 1, 2003,
TO
STANDARD TERMS OF
POOLING AND SERVICING AGREEMENT
DATED AS OF MARCH 1, 2003
Mortgage Pass-Through Certificates
Series 2003-S10
TABLE OF CONTENTS
PAGE
DEFINITIONS
Section 1.01 Definitions..........................................................-4-
-----------
Section 1.02 Use of Words and Phrases............................................-16-
------------------------
Section 1.03 Determination of LIBOR..............................................-16-
----------------------
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans. (See Section 2.01 of the Standard
----------------------------------------------------------------
Terms)..............................................................-18-
------
Section 2.02 Acceptance by Trustee. (See Section 2.02 of the Standard Terms)....-18-
----------------------------------------------------------------
Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the
------------------------------------------------------------------------
Company.............................................................-18-
-------
Section 2.04 Representations and Warranties of Sellers...........................-20-
------------------------------------------
Section 2.05 Execution and Authentication of Certificates........................-23-
--------------------------------------------
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account. (See Section 4.01 of the Standard Terms)......-25-
--------------------------------------------------------------
Section 4.02 Distributions.......................................................-25-
-------------
Section 4.03 Statements to Certificateholders; Statements to Rating Agencies;
----------------------------------------------------------------
Exchange Act Reporting. (See Section 4.03 of the Standard Terms)...-33-
-----------------------------------------------------------------
Section 4.04 Distribution of Reports to the Trustee and the Company; Advances by the
-----------------------------------------------------------------------
Master Servicer. (See Section 4.04 of the Standard Terms)...........-33-
---------------------------------------------------------
Section 4.05 Allocation of Realized Losses.......................................-33-
-----------------------------
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property. (See
--------------------------------------------------------------------
Section 4.06 of the Standard Terms).................................-35-
-----------------------------------
Section 4.07 Optional Purchase of Defaulted Mortgage Loans. (See Section 4.07 of the
------------------------------------------------------------------------
Standard Terms).....................................................-35-
---------------
Section 4.08 Surety Bond. (See Section 4.08 of the Standard Terms)..............-35-
------------------------------------------------------
Section 4.09 [Reserved]..........................................................-35-
-----------
Section 4.10 [Reserved]..........................................................-35-
----------
ARTICLE V
THE CERTIFICATES
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
ARTICLE VII
DEFAULT
ARTICLE VIII
CONCERNING THE TRUSTEE
ARTICLE IX
TERMINATION
Section 9.01 Optional Purchase by the Master Servicer of All Certificates; Termination
-------------------------------------------------------------------------
Upon Purchase by the Master Servicer or Liquidation of All Mortgage
-------------------------------------------------------------------
Loans...............................................................-40-
-----
Section 9.02 Additional Termination Requirements. (See Section 9.02 of the Standard
-----------------------------------
Terms)..............................................................-41-
Section 9.03 Termination of Multiple REMICs. (See Section 9.03 of the Standard
------------------------------
Terms)..............................................................-41-
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration. (See Section 10.01 of the Standard Terms).....-42-
---------------------------------------------------------------
Section 10.02 Master Servicer; REMIC Administrator and Trustee Indemnification. (See
----------------------------------------------------------------------
Section 10.02 of the Standard Terms)................................-42-
------------------------------------
Section 10.03 Designation of REMIC(s).............................................-42-
------------------------
Section 10.04 Distributions on the Uncertificated REMIC Regular Interests.........-42-
------------------------------------------------------------
Section 10.05 Distributions on the Uncertificated Class A-V REMIC
----------------------------------------------------
Regular Interests...................................................-43-
------------------
Section 10.06 Compliance with Withholding Requirements............................-43-
-----------------------------------------
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment. (See Section 11.01 of the Standard Terms)................-45-
----------------------------------------------------
Section 11.02 Recordation of Agreement. Counterparts. (See Section 11.02 of the
-----------------------------------------------------------------
Standard Terms).....................................................-45-
---------------
Section 11.03 Limitation on Rights of Certificateholders. (See Section 11.03 of the
---------------------------------------------------------------------
Standard Terms).....................................................-45-
---------------
Section 11.04 Governing Laws. (See Section 11.04 of the Standard Terms)...........-45-
---------------------------------------------------------
Section 11.05 Notices.............................................................-45-
-------
Section 11.06 Required Notices to Rating Agency and Subservicer...................-46-
--------------------------------------------------
Section 11.07 Severability of Provisions. (See Section 11.07 of the Standard Terms)-46-
---------------------------------------------------------------------
Section 11.08 Supplemental Provisions for Resecuritization. (See Section 11.08 of the
-----------------------------------------------------------------------
Standard Terms).....................................................-46-
---------------
Section 11.09 Allocation of Voting Rights.........................................-46-
---------------------------
EXHIBITS
Exhibit One: Mortgage Loan Schedule
Exhibit Two: Schedule of Discount Fractions
Exhibit Three: Information to be Included in
Monthly Distribution Date Statement
Exhibit Four: Standard Terms of Pooling and Servicing
Agreement dated as of March 1, 2003
Exhibit Five: Targeted Principal Balances
This is a Series Supplement, dated as of June 1, 2003 (the "Series
Supplement"), to the Standard Terms of Pooling and Servicing Agreement, dated as
of March 1, 2003 and attached as Exhibit Four hereto (the "Standard Terms" and,
together with this Series Supplement, the "Pooling and Servicing Agreement" or
"Agreement"), among RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC., as the
company (together with its permitted successors and assigns, the "Company"),
RESIDENTIAL FUNDING CORPORATION, as master servicer (together with its permitted
successors and assigns, the "Master Servicer"), and BANK ONE, NATIONAL
ASSOCIATION, as Trustee (together with its permitted successors and assigns, the
"Trustee").
PRELIMINARY STATEMENT
The Company intends to sell Mortgage Pass-Through Certificates
(collectively, the "Certificates"), to be issued hereunder in multiple classes,
which in the aggregate will evidence the entire beneficial ownership interest in
the Trust Fund. As provided herein, the REMIC Administrator will make an
election to treat the entire segregated pool of assets described in the
definition of REMIC I (as defined herein), and subject to this Agreement
(including the Mortgage Loans but excluding the Initial Monthly Payment Fund),
as a real estate mortgage investment conduit (a "REMIC") for federal income tax
purposes and such segregated pool of assets will be designated as "REMIC I." The
Uncertificated REMIC I Regular Interests will be "regular interests" in REMIC I
and the Class R-I Certificates will be the sole class of "residual interests" in
REMIC I for purposes of the REMIC Provisions (as defined herein). A segregated
pool of assets consisting of the Uncertificated REMIC I Regular Interests will
be designated as "REMIC II," and the REMIC Administrator will make a separate
REMIC election with respect thereto. The Class A-1 Certificates, Class A-2
Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-5
Certificates, Class A-6 Certificates, Class A-7 Certificates, Class A-P
Certificates, Class M-1 Certificates, Class M-2 Certificates, Class M-3
Certificates, Class B-1 Certificates, Class B-2 Certificates, Class B-3
Certificates and the Uncertificated Class A-V REMIC Regular Interests will be
"regular interests" in REMIC II and the Class R-II Certificates will be the sole
class of "residual interests" therein for purposes of the REMIC Provisions. The
Class A-V Certificates will represent the entire beneficial ownership interest
in the Uncertificated Class A-V REMIC Regular Interests.
The terms and provisions of the Standard Terms are hereby incorporated
by reference herein as though set forth in full herein. If any term or provision
contained herein shall conflict with or be inconsistent with any provision
contained in the Standard Terms, the terms and provisions of this Series
Supplement shall govern. Any cross-reference to a section of the Pooling and
Servicing Agreement, to the extent the terms of the Standard Terms and Series
Supplement conflict with respect to that section, shall be a cross-reference to
the related section of the Series Supplement. All capitalized terms not
otherwise defined herein shall have the meanings set forth in the Standard
Terms. The Pooling and Servicing Agreement shall be dated as of the date of the
Series Supplement.
The following table irrevocably sets forth the designation, the
Uncertificated REMIC I Pass-Through Rate, the initial Uncertificated Principal
Balance, and solely for purposes of satisfying Treasury regulation Section
1.860G-1(a)(4)(iii), the "latest possible maturity date" for
-1-
each of the Uncertificated REMIC I Regular Interests. None of the Uncertificated
REMIC I Regular Interests will be certificated.
DESIGNATION Uncertificated Initial Uncertificated Latest
REMIC I Pass- Principal Balance Possible Maturity(1)
Through Rate
REMIC I Regular Interest W 4.00% $177,696,000.00 June 25, 2003
REMIC I Regular Interest X 8.00% $106,617,000.00 June 25, 2003
REMIC I Regular Interest Y 5.50% $125,892,250.56 June 25, 2003
REMIC I Regular Interest Z 0.00% $771,718.60 June 25, 2003
REMIC I IO Regular Interests (2) (3) June 25, 2003
-------------------
(1) Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
regulations, the Distribution Date immediately following the maturity date for
the Mortgage Loan with the latest maturity date has been designated as the
"latest possible maturity date" for each REMIC I Regular Interest.
(2) Calculated in accordance with the definition of "Uncertificated Pass-Through
Rate" herein.
(3) The Uncertificated REMIC I IO Regular Interests have no Uncertificated
Principal Balance.
-2-
The following table sets forth the designation, type, Pass-Through Rate,
aggregate Initial Certificate Principal Balance, Maturity Date, initial ratings
and certain features for each Class of Certificates comprising the interests in
the Trust Fund created hereunder.
AGGREGATE
INITIAL
CERTIFICATE
PASS-THROUGH PRINCIPAL MATURITY XXXXX'X/ MINIMUM
DESIGNATION RATE BALANCE FEATURES1 DATE S&P DENOMINATIONS2
Class A-1 4.00% $ 177,696,000.00 Senior June 25, 2033 Aaa/AAA $25,000
Class A-2 Adjustable Rat$ Senior/Floater June 25, 2033 Aaa/AAA $25,000
Senior/Inverse
Class A-3 Adjustable Rat$ Floater/Interest Only June 25, 2033 Aaa/AAA $25,000
Class A-4 5.50% $ Senior June 25, 2033 Aaa/AAA $25,000
Class A-5 5.50% $ Senior/Lockout June 25, 2033 Aaa/AAA $25,000
Class A-6 5.50% $ Senior/TAC June 25, 2033 Aaa/AAA $25,000
Class A-7 5.50% $ Senior/Companion June 25, 2033 Aaa/AAA $25,000
Senior/Principal
Class A-P 0.00% Only June 25, 2033 Aaa/AAA $25,000
Senior/Interest Only/
Class A-V Variable Rate Variable Strip June 25, 2033 Aaa/AAA 20%
Class R-I 5.50% Senior/Residual June 25, 2033 Aaa/AAA 20%
Class R-II 5.50% Senior/Residual June 25, 2033 Aaa/AAA 20%
Class M-1 5.50% Mezzanine June 25, 2033 NA/AA $25,000
Class M-2 5.50% Mezzanine June 25, 2033 NA/A $250,000
Class M-3 5.50% Mezzanine June 25, 2033 NA/BBB $250,000
Class B-1 5.50% Subordinate June 25, 2033 NA/BB $250,000
Class B-2 5.50% Subordinate June 25, 2033 NA/B $250,000
Class B-3 5.50% Subordinate June 25, 2033 NA/NA $250,000
The Mortgage Loans have an aggregate principal balance as of the Cut-off
Date of $410,977,069.16.
In consideration of the mutual agreements herein contained, the Company,
the Master Servicer and the Trustee agree as follows:
--------
1 The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class
A-6 and Class A-7 Certificates and Class M Certificates shall be
Book-Entry Certificates. The Class A-P, Class A-V, Class R and
Class B Certificates shall be delivered to the holders thereof in
physical form.
2 The Certificates, other than the Class A-V and Class R
Certificates, shall be issuable in minimum dollar denominations
as indicated above (by Certificate Principal Balance or Notional
Amount, as applicable) and integral multiples of $1 (or $1,000 in
the case of the Class A-P, Class B-1, Class B-2 and Class B-3
Certificates) in excess thereof, except that one Certificate of
any of the Class A-P and Class B Certificates that contains an
uneven multiple of $1,000 shall be issued in a denomination equal
to the sum of the related minimum denomination set forth above
and such uneven multiple for such Class or the sum of such
denomination and an integral multiple of $1,000. The Class R
Certificates and Class A-V Certificates shall be issuable in
minimum denominations of not less than a 20% Percentage Interest;
provided, however, that one Class R Certificate will be issuable
to Residential Funding as "tax matters person" pursuant to
Section 10.01(c) and (e) in a minimum denomination representing a
Percentage Interest of not less than 0.01%.
-3-
DEFINITIONS
Section 1.01 Definitions.
Whenever used in this Agreement, the following words and phrases, unless
the context otherwise requires, shall have the meanings specified in this
Article.
Adjustable Rate Certificates: Any one of the Class A-2 Certificates or
Class A-3 Certificates.
Bankruptcy Amount: As of any date of determination prior to the first
anniversary of the Cut-off Date, an amount equal to the excess, if any, of (A)
$100,000 over (B) the aggregate amount of Bankruptcy Losses allocated solely to
one or more specific Classes of Certificates in accordance with Section 4.05 of
this Series Supplement. As of any date of determination on or after the first
anniversary of the Cut-off Date, an amount equal to the excess, if any, of
(1) the lesser of (a) the Bankruptcy Amount calculated as of the
close of business on the Business Day immediately preceding the most
recent anniversary of the Cut-off Date coinciding with or preceding such
date of determination (or, if such date of determination is an
anniversary of the Cut-off Date, the Business Day immediately preceding
such date of determination) (for purposes of this definition, the
"Relevant Anniversary") and (b) the greater of
(A) the greater of (i) 0.0006 times the aggregate
principal balance of all the Mortgage Loans in the Mortgage Pool
as of the Relevant Anniversary (other than Additional Collateral
Loans, if any) having a Loan-to-Value Ratio at origination which
exceeds 75% and (ii) $100,000; and
(B) the greater of (i) the product of (x) an amount equal
to the largest difference in the related Monthly Payment for any
Non-Primary Residence Loan remaining in the Mortgage Pool (other
than Additional Collateral Loans, if any) which had an original
Loan-to-Value Ratio of 80% or greater that would result if the
Net Mortgage Rate thereof was equal to the weighted average
(based on the principal balance of the Mortgage Loans as of the
Relevant Anniversary) of the Net Mortgage Rates of all Mortgage
Loans as of the Relevant Anniversary less 1.25% per annum, (y) a
number equal to the weighted average remaining term to maturity,
in months, of all Non-Primary Residence Loans remaining in the
Mortgage Pool as of the Relevant Anniversary, and (z) one plus
the quotient of the number of all Non- Primary Residence Loans
remaining in the Mortgage Pool divided by the total number of
Outstanding Mortgage Loans in the Mortgage Pool as of the
Relevant Anniversary, and (ii) $50,000,
over
-4-
(2) the aggregate amount of Bankruptcy Losses allocated solely to
one or more specific Classes of Certificates in accordance with Section
4.05 since the Relevant Anniversary.
The Bankruptcy Amount may be further reduced by the Master Servicer
(including accelerating the manner in which such coverage is reduced) provided
that prior to any such reduction, the Master Servicer shall (i) obtain written
confirmation from each Rating Agency that such reduction shall not reduce the
rating assigned to any Class of Certificates by such Rating Agency below the
lower of the then-current rating or the rating assigned to such Certificates as
of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
Certificate: Any Class A, Class M, Class B or Class R Certificate.
-----------
Certificate Account: The separate account or accounts created and
maintained pursuant to Section 4.01 of the Standard Terms, which shall be
entitled "Bank One, National Association, as trustee, in trust for the
registered holders of Residential Funding Mortgage Securities I, Inc., Mortgage
Pass-Through Certificates, Series 2003-S10" and which must be an Eligible
Account.
Class A Certificate: Any one of the Class A-1, Class A-2, Class A-3,
Class A-4, Class A-5, Class A-6, Class A-7, Class A-P or Class A-V Certificates,
executed by the Trustee and authenticated by the Certificate Registrar
substantially in the form annexed to the Standard Terms as Exhibit A.
Class R Certificate: Any one of the Class R-I and Class R-II
Certificates executed by the Trustee and authenticated by the Certificate
Registrar substantially in the form annexed to the Standard Terms as Exhibit D
and evidencing an interest designated as a "residual interest" in the each REMIC
for purposes of the REMIC Provisions.
Closing Date: June 27, 2003.
Corporate Trust Office: The principal office of the Trustee at which at
any particular time its corporate trust business with respect to this Agreement
shall be administered, which office at the date of the execution of this
instrument is located at 0 Xxxx Xxx Xxxxx, Xxxxx XX0-0000, Xxxxxxx, Xxxxxxxx
00000-0126, Attention: Residential Funding Corporation Series 2003-S10.
Corresponding Certificated Interests: With respect to Uncertificated
REMIC I Regular Interest W, the Class A-1 Certificates; with respect to
Uncertificated REMIC I Regular Interest X, the Class A-2 Certificates; with
respect to Uncertificated REMIC I Regular Interest Y, the Class A- 4, Class A-5,
Class A-6, Class A-7, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 ,
Class B-3 and Class R-II Certificates; with respect to Uncertificated REMIC I
Regular Interest Z, the Class A-P Certificates; and with respect to the
Uncertificated REMIC I IO Regular Interests, the Class A-V Certificates.
Cut-off Date: June 1, 2003.
-5-
Determination Date: With respect to any Distribution Date, the second
Business Day prior to each Distribution Date.
Discount Net Mortgage Rate: 5.50% per annum.
Due Period: With respect to each Distribution Date and any Mortgage Loan,
the calendar month of such Distribution Date.
Eligible Funds: On any Distribution Date, the portion, if any, of the
Available Distribution Amount remaining after reduction by the sum of (i) the
aggregate amount of Accrued Certificate Interest on the Senior Certificates,
(ii) the Senior Principal Distribution Amount (determined without regard to
Section 4.02(a)(ii)(Y)(D) of this Series Supplement), (iii) the Class A-P
Principal Distribution Amount (determined without regard to Section
4.02(b)(i)(E) of this Series Supplement) and (iv) the aggregate amount of
Accrued Certificate Interest on the Class M, Class B-1 and Class B-2
Certificates.
Fraud Loss Amount: As of any date of determination after the Cut-off
Date, an amount equal to: (X) prior to the second anniversary of the Cut-off
Date an amount equal to 2.00% of the aggregate principal balance of all of the
Mortgage Loans as of the Cut-off Date minus the aggregate amounts allocated
through subordination with respect to Fraud Losses up to that date of
determination, (Y) from the second to the third anniversary of the Cut-off Date,
an amount equal to 1.50% of the aggregate principal balance of all of the
Mortgage Loans as of the Cut-off Date minus the aggregate amounts allocated
through subordination with respect to Fraud Losses up to that date of
determination and (Z) from the third to the fifth anniversary of the Cut-off
Date, an amount equal to (1) the lesser of (a) the Fraud Loss Amount as of the
most recent anniversary of the Cut-off Date and (b) 1.00% of the aggregate
principal balance of all of the Mortgage Loans as of the most recent anniversary
of the Cut-off Date minus (2) the aggregate amounts allocated through
subordination with respect to Fraud Losses since the most recent anniversary of
the Cut-off Date up to that date of determination. On and after the fifth
anniversary of the Cut-off Date, the Fraud Loss Amount shall be zero.
The Fraud Loss Amount may be further reduced by the Master Servicer
(including accelerating the manner in which such coverage is reduced) provided
that prior to any such reduction, the Master Servicer shall (i) obtain written
confirmation from each Rating Agency that such reduction shall not reduce the
rating assigned to any Class of Certificates by such Rating Agency below the
lower of the then-current rating or the rating assigned to such Certificates as
of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
Indirect Depository Participant: An institution that is not a Depository
Participant but clears through or maintains a custodial relationship with
Participants and has access to the Depository's clearing system.
Initial Monthly Payment Fund: $113,433 representing scheduled principal
amortization and interest at the Net Mortgage Rate during the Due Period in June
2003, for those Mortgage Loans for which the Trustee will not be entitled to
receive such payment in accordance with the definition
-6-
of "Trust Fund". The Initial Monthly Payment Fund will not be part of any REMIC.
Initial Notional Amount: With respect to the Class A-3 Certificates,
$106,617,000. With respect to the Class A-V Certificates, $410,977,069.16. For
federal income tax purposes, with respect to any Class A-V Certificates or
Subclass thereof issued pursuant to Section 5.01(c), the aggregate Cut-off Date
Principal Balance of the Mortgage Loans corresponding to the Uncertificated
Class A-V REMIC Regular Interests represented by such Class or Subclass on such
date.
Initial Subordinate Class Percentage: With respect to each Class of
Subordinate Certificates, an amount which is equal to the initial aggregate
Certificate Principal Balance of such Class of Subordinate Certificates divided
by the aggregate Stated Principal Balance of all the Mortgage Loans as of the
Cut-off Date as follows:
Class M-1: 1.55% Class B-1: 0.15%
Class M-2: 0.35% Class B-2: 0.10%
Class M-3: 0.25% Class B-3: 0.15%
Interest Accrual Period: With respect to any Certificates (other than
the Adjustable Rate Certificates) and any Distribution Date, the calendar month
preceding the month in which such Distribution Date occurs. With respect to the
Adjustable Rate Certificates, the one-month period commencing on the 25th day of
the month preceding the month in which the Distribution Date occurs and ending
on the 24th day of the month in which the Distribution Date occurs.
Interest Only Certificates: Any one of the Class A-3 or Class A-V
Certificates. The Interest Only Certificates will have no Certificate Principal
Balance.
Inverse Floater Certificates: The Class A-3 Certificates.
----------------------------
LIBOR Business Day: Any day other than (i) a Saturday or Sunday or (ii)
a day on which banking institutions in London, England are required or
authorized to by law to be closed.
LIBOR Rate Adjustment Date: With respect to each Distribution Date and
the Adjustable Rate Certificates, the second LIBOR Business Day immediately
preceding the commencement of the related Interest Accrual Period on which banks
are open for dealing in foreign currency and exchange in London, England.
Lockout Certificates: The Class A-5 Certificates.
--------------------
Lockout Prepayment Percentage: For any Distribution Date occurring prior
to the Distribution Date in July 2008, 0%. For any Distribution Date occurring
after the first five years following the Closing Date, a percentage determined
as follows: (i) for any Distribution Date during the sixth year after the
Closing Date, 30%; (ii) for any Distribution Date during the seventh year after
the Closing Date, 40%; (iii) for any Distribution Date during the eighth year
after the Closing Date, 60%; (iv) for any Distribution Date during the ninth
year after the Closing Date, 80%; and (v) for any Distribution Date thereafter,
100%.
-7-
Lockout Scheduled Percentage: For any Distribution Date occurring prior
to the Distribution Date in July 2008, 0%, and beginning on the Distribution
Date in July 2008 and thereafter, 100%.
Maturity Date: With respect to each Class of Certificates, June 25,
2033, the Distribution Date immediately following the latest scheduled maturity
date of any Mortgage Loan.
Mortgage Loan Schedule: The list or lists of the Mortgage Loans attached
hereto as Exhibit One (as amended from time to time to reflect the addition of
Qualified Substitute Mortgage Loans), which list or lists shall set forth the
following information as to each Mortgage Loan:
(a) the Mortgage Loan identifying number ("RFC LOAN #");
(b) the maturity of the Mortgage Note ("MATURITY DATE");
(c) the Mortgage Rate ("ORIG RATE");
(d) the Subservicer pass-through rate ("CURR NET");
(e) the Net Mortgage Rate ("NET MTG RT");
(f) the Pool Strip Rate ("STRIP");
(g) the initial scheduled monthly payment of principal, if any, and
interest ("ORIGINAL P & I");
(h) the Cut-off Date Principal Balance ("PRINCIPAL BAL"); (i) the
Loan-to-Value Ratio at origination ("LTV");
(j) the rate at which the Subservicing Fee accrues ("SUBSERV FEE") and
at which the Servicing Fee accrues ("MSTR SERV FEE");
(k) a code "T," "BT" or "CT" under the column "LN FEATURE," indicating
that the Mortgage Loan is secured by a second or vacation
residence; and
(l) a code "N" under the column "OCCP CODE," indicating that the
Mortgage Loan is secured by a non-owner occupied residence.
Such schedule may consist of multiple reports that collectively set forth all of
the information required.
Notional Amount: As of any Distribution Date, with respect to the Class
A-3 Certificates, an amount equal to the Certificate Principal Balance of the
Class A-2 Certificates, which for federal income tax purposes is the equivalent
to the Uncertificated Principal Balance of Uncertificated REMIC I Regular
Interest X. As of any Distribution Date, with respect to the Class A-V
Certificates, the aggregate Stated Principal Balance of the Mortgage Loans. For
federal income tax purposes, as of any Distribution Date, with respect to any
Class A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c),
the aggregate Stated Principal Balance of the Mortgage Loans corresponding to
the Uncertificated Class A-V REMIC Regular Interests represented by such Class
or Subclass as of the day immediately preceding such Distribution Date (or, with
respect to the initial Distribution Date, at the close of business on the
Cut-off Date).
Pass-Through Rate: With respect to the Class A Certificates (other than
the Class A-V Certificates, Adjustable Rate Certificates and Principal Only
Certificates), Class M Certificates, Class B Certificates and Class R
Certificates and any Distribution Date, the per annum rates set
-8-
forth in the Preliminary Statement hereto. With respect to the Class A-2
Certificates and the initial Interest Accrual Period, 1.500% per annum, and as
to any Interest Accrual Period thereafter, a per annum rate equal to LIBOR plus
0.40%, subject to a maximum rate of 8.00% per annum and a minimum rate of 0.40%
per annum. With respect to the Class A-3 Certificates and the initial Interest
Accrual Period, 6.500% per annum, and as to any Interest Accrual Period
thereafter, a per annum rate equal to 7.60% minus LIBOR, subject to a maximum
rate of 7.60% per annum and a minimum rate of 0.00% per annum. With respect to
the Class A-V Certificates (other than any Subclass thereof) and any
Distribution Date, a rate equal to the weighted average, expressed as a
percentage, of the Pool Strip Rates of all Mortgage Loans as of the Due Date in
the related Due Period, weighted on the basis of the respective Stated Principal
Balances of such Mortgage Loans as of the day immediately preceding such
Distribution Date (or, with respect to the initial Distribution Date, at the
close of business on the Due Date in the month preceding the month of such
Distribution Date). With respect to the Class A-V Certificates and the initial
Distribution Date the Pass-Through Rate is equal to 0.1251% per annum. With
respect to any Subclass of Class A-V Certificates and any Distribution Date, a
rate equal to the weighted average, expressed as a percentage, of the Pool Strip
Rates of all Mortgage Loans corresponding to the Uncertificated Class A-V REMIC
Regular Interests represented by such Subclass as of the Due Date in the related
Due Period, weighted on the basis of the respective Stated Principal Balances of
such Mortgage Loans as of the day immediately preceding such Distribution Date
(or with respect to the initial Distribution Date, at the close of business on
the Due Date in the month preceding the month of such Distribution Date). The
Principal Only Certificates have no Pass-Through Rate and are not entitled to
Accrued Certificate Interest.
Pool Strip Rate: With respect to each Mortgage Loan, a per annum rate
equal to the excess of (a) the Net Mortgage Rate of such Mortgage Loan over (b)
the Discount Net Mortgage Rate (but not less than 0.00%) per annum.
Prepayment Assumption: A prepayment assumption of 300% of the prepayment
speed assumption, used for determining the accrual of original issue discount
and market discount and premium on the Certificates for federal income tax
purposes. The prepayment speed assumption assumes a constant rate of prepayment
of mortgage loans of 0.2% per annum of the then outstanding principal balance of
such mortgage loans in the first month of the life of the mortgage loans,
increasing by an additional 0.2% per annum in each succeeding month until the
thirtieth month, and a constant 6% per annum rate of prepayment thereafter for
the life of the mortgage loans.
Prepayment Distribution Percentage: With respect to any Distribution Date
and each Class of Subordinate Certificates, under the applicable circumstances
set forth below, the respective percentages set forth below:
(i) For any Distribution Date prior to the Distribution Date in
July 2008 (unless the Certificate Principal Balances of the Senior
Certificates (other than the Class A-P Certificates) have been reduced to
zero), 0%.
(ii) For any Distribution Date for which clause (i) above does not
apply, and on which any Class of Subordinate Certificates is outstanding
with a Certificate Principal Balance greater than zero:
-9-
(a) in the case of the Class of Subordinate Certificates
then outstanding with the Highest Priority and each other Class of
Subordinate Certificates for which the related Prepayment
Distribution Trigger has been satisfied, a fraction, expressed as
a percentage, the numerator of which is the Certificate Principal
Balance of such Class immediately prior to such date and the
denominator of which is the sum of the Certificate Principal
Balances immediately prior to such date of (1) the Class of
Subordinate Certificates then outstanding with the Highest
Priority and (2) all other Classes of Subordinate Certificates for
which the respective Prepayment Distribution Triggers have been
satisfied; and
(b) in the case of each other Class of Subordinate
Certificates for which the Prepayment Distribution Triggers have
not been satisfied, 0%; and
(iii) Notwithstanding the foregoing, if the application of the
foregoing percentages on any Distribution Date as provided in Section
4.02 of this Series Supplement (determined without regard to the proviso
to the definition of "Subordinate Principal Distribution Amount") would
result in a distribution in respect of principal of any Class or Classes
of Subordinate Certificates in an amount greater than the remaining
Certificate Principal Balance thereof (any such class, a "Maturing
Class"), then: (a) the Prepayment Distribution Percentage of each
Maturing Class shall be reduced to a level that, when applied as
described above, would exactly reduce the Certificate Principal Balance
of such Class to zero; (b) the Prepayment Distribution Percentage of each
other Class of Subordinate Certificates (any such Class, a "Non-Maturing
Class") shall be recalculated in accordance with the provisions in
paragraph (ii) above, as if the Certificate Principal Balance of each
Maturing Class had been reduced to zero (such percentage as recalculated,
the "Recalculated Percentage"); (c) the total amount of the reductions in
the Prepayment Distribution Percentages of the Maturing Class or Classes
pursuant to clause (a) of this sentence, expressed as an aggregate
percentage, shall be allocated among the Non-Maturing Classes in
proportion to their respective Recalculated Percentages (the portion of
such aggregate reduction so allocated to any Non-Maturing Class, the
"Adjustment Percentage"); and (d) for purposes of such Distribution Date,
the Prepayment Distribution Percentage of each Non-Maturing Class shall
be equal to the sum of (1) the Prepayment Distribution Percentage
thereof, calculated in accordance with the provisions in paragraph (ii)
above as if the Certificate Principal Balance of each Maturing Class had
not been reduced to zero, plus (2) the related Adjustment Percentage.
Principal Only Certificates: Any one of the Class A-P Certificates.
---------------------------
Record Date: With respect to each Distribution Date and each Class of
Certificates (other than the Adjustable Rate Certificates that are Book-Entry
Certificates), the close of business on the last business day of the month next
preceding the month in which the related Distribution Date occurs. With respect
to each Distribution Date and the Adjustable Rate Certificates so long as they
are Book-Entry Certificates, the close of business on the Business Day prior to
such Distribution Date.
Relief Act: The Soldiers' and Sailors' Civil Relief Act of 1940, as
amended, or similar legislation or regulations as in effect from time to time.
-10-
Relief Act Shortfalls: Shortfalls in interest payable by a Mortgagor that
is not collectable from the Mortgagor pursuant to the Relief Act.
REMIC I: The segregated pool of assets related to this Series, with
respect to which a REMIC election is to be made (except as provided below)
pursuant to this Agreement, consisting of:
(i) the Mortgage Loans and the related Mortgage Files and collateral
securing such Mortgage Loans,
(ii) all payments on and collections in respect of the Mortgage Loans
due after the Cut-off Date (other than Monthly Payments due in the
month of the Cut-off Date) as shall be on deposit in the Custodial
Account or in the Certificate Account and identified as belonging
to the Trust Fund, but not including amounts on deposit in the
Initial Monthly Payment Fund,
(iii) property that secured a Mortgage Loan and that has been acquired
for the benefit of the Certificateholders by foreclosure or deed
in lieu of foreclosure,
(iv) the hazard insurance policies and Primary Insurance Policies, if
any, and
(v) all proceeds of clauses (i) through (iv) above.
Notwithstanding the foregoing, the REMIC election specifically excludes
the Initial Monthly Payment Fund.
REMIC I Certificates: The Class R-I Certificates.
--------------------
REMIC II: The segregated pool of assets consisting of the Uncertificated
REMIC I Regular Interests conveyed in trust to the Trustee for the benefit of
the holders of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class
A-6, Class A-7, Class A-P, Class A-V, Class M-1, Class M-2, Class M-3, Class
B-1, Class B-2, Class B-3 and R-II Certificates pursuant to Section 2.06, with
respect to which a separate REMIC election is to be made. The REMIC election
with respect to REMIC II specifically excludes the Initial Monthly Payment Fund.
REMIC II Certificates: Any of the Class A-1, Class A-2, Class A-3, Class
A-4, Class A-5, Class A-6, Class A-7, Class A-P, Class A-V, Class M-1, Class
M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates.
Scheduled Final Distribution Date: June 25, 2033.
---------------------------------
Senior Certificate: Any one of the Class A Certificates or Class R
Certificates, executed by the Trustee and authenticated by the Certificate
Registrar substantially in the form annexed to the Standard Terms as Exhibit A
and Exhibit D, respectively.
-11-
Senior Percentage: As of any Distribution Date, the lesser of 100% and a
fraction, expressed as a percentage, the numerator of which is the aggregate
Certificate Principal Balance of the Senior Certificates (other than the Class
A-P Certificates) immediately prior to such Distribution Date and the
denominator of which is the aggregate Stated Principal Balance of all of the
Mortgage Loans (or related REO Properties) (other than the related Discount
Fraction of each Discount Mortgage Loan) immediately prior to such Distribution
Date.
Senior Principal Distribution Amount: As to any Distribution Date, the
lesser of (a) the balance of the Available Distribution Amount remaining after
the distribution of all amounts required to be distributed pursuant to Section
4.02(a)(i) and Section 4.02(a)(ii)(X) of this Series Supplement, or, after the
Credit Support Depletion Date, the amount required to be distributed to the
Class A-P Certificateholders pursuant to Section 4.02(c) of this Series
Supplement and (b) the sum of the amounts required to be distributed to the
Senior Certificateholders on such Distribution Date pursuant to Section
4.02(a)(ii)(Y) of this Series Supplement.
Special Hazard Amount: As of any Distribution Date, an amount equal to
$4,109,771 minus the sum of (i) the aggregate amount of Special Hazard Losses
allocated solely to one or more specific Classes of Certificates in accordance
with Section 4.05 of this Series Supplement and (ii) the Adjustment Amount (as
defined below) as most recently calculated. For each anniversary of the Cut-off
Date, the Adjustment Amount shall be equal to the amount, if any, by which the
amount calculated in accordance with the preceding sentence (without giving
effect to the deduction of the Adjustment Amount for such anniversary) exceeds
the greater of (A) the greatest of (i) twice the outstanding principal balance
of the Mortgage Loan in the Trust Fund which has the largest outstanding
principal balance on the Distribution Date immediately preceding such
anniversary, (ii) the product of 1.00% multiplied by the outstanding principal
balance of all Mortgage Loans on the Distribution Date immediately preceding
such anniversary and (iii) the aggregate outstanding principal balance (as of
the immediately preceding Distribution Date) of the Mortgage Loans in any single
five-digit California zip code area with the largest amount of Mortgage Loans by
aggregate principal balance as of such anniversary and (B) the greater of (i)
the product of 0.50% multiplied by the outstanding principal balance of all
Mortgage Loans on the Distribution Date immediately preceding such anniversary
multiplied by a fraction, the numerator of which is equal to the aggregate
outstanding principal balance (as of the immediately preceding Distribution
Date) of all of the Mortgage Loans secured by Mortgaged Properties located in
the State of California divided by the aggregate outstanding principal balance
(as of the immediately preceding Distribution Date) of all of the Mortgage
Loans, expressed as a percentage, and the denominator of which is equal to 59.9%
(which percentage is equal to the percentage of Mortgage Loans initially secured
by Mortgaged Properties located in the State of California) and (ii) the
aggregate outstanding principal balance (as of the immediately preceding
Distribution Date) of the largest Mortgage Loan secured by a Mortgaged Property
located in the State of California.
The Special Hazard Amount may be further reduced by the Master Servicer
(including accelerating the manner in which coverage is reduced) provided that
prior to any such reduction, the Master Servicer shall (i) obtain written
confirmation from each Rating Agency that such reduction shall not reduce the
rating assigned to any Class of Certificates by such Rating Agency below the
lower of the then-current rating or the rating assigned to such Certificates as
of the
-12-
Closing Date by such Rating Agency and (ii) provide a copy of such written
confirmation to the Trustee.
Subordinate Principal Distribution Amount: With respect to any
Distribution Date and each Class of Subordinate Certificates, (a) the sum of (i)
the product of (x) the related Subordinate Class Percentage for such Class and
(y) the aggregate of the amounts calculated for such Distribution Date under
clauses (1), (2) and (3) of Section 4.02(a)(ii)(Y)(A) of this Series Supplement
(without giving effect to the Senior Percentage) to the extent not payable to
the Senior Certificates; (ii) such Class's pro rata share, based on the
Certificate Principal Balance of each Class of Subordinate Certificates then
outstanding, of the principal collections described in Section
4.02(a)(ii)(Y)(B)(b) of this Series Supplement (without giving effect to the
Senior Accelerated Distribution Percentage) to the extent such collections are
not otherwise distributed to the Senior Certificates; (iii) the product of (x)
the related Prepayment Distribution Percentage and (y) the aggregate of all
Principal Prepayments in Full received in the related Prepayment Period and
Curtailments received in the preceding calendar month (other than the related
Discount Fraction of such Principal Prepayments in Full and Curtailments with
respect to a Discount Mortgage Loan) to the extent not payable to the Senior
Certificates; (iv) if such Class is the Class of Subordinate Certificates with
the Highest Priority, any Excess Subordinate Principal Amount for such
Distribution Date; and (v) any amounts described in clauses (i), (ii) and (iii)
as determined for any previous Distribution Date, that remain undistributed to
the extent that such amounts are not attributable to Realized Losses which have
been allocated to a Class of Subordinate Certificates minus (b) the sum of (i)
with respect to the Class of Subordinate Certificates with the Lowest Priority,
any Excess Subordinate Principal Amount for such Distribution Date; and (ii) the
Capitalization Reimbursement Amount for such Distribution Date, other than the
related Discount Fraction of any portion of that amount related to each Discount
Mortgage Loan, multiplied by a fraction, the numerator of which is the
Subordinate Principal Distribution Amount for such Class of Subordinate
Certificates, without giving effect to this clause (b)(ii), and the denominator
of which is the sum of the principal distribution amounts for all Classes of
Certificates other than the Class A-P Certificates, without giving effect to any
reductions for the Capitalization Reimbursement Amount.
TAC Certificates: The Class A-6 Certificates.
----------------
Targeted Principal Balance: With respect to the TAC Certificates and each
Distribution Date, the amount set forth on such Distribution Date on Exhibit
Five hereto.
Trust Fund: REMIC I, REMIC II and the Initial Monthly Payment Fund.
----------
Uncertificated Class A-V REMIC Accrued Interest: With respect to each
Distribution Date, as to each Uncertificated Class A-V REMIC Regular Interest,
an amount equal to the aggregate amount of Accrued Certificate Interest that
would result under the terms of the definition thereof on each such
uncertificated interest, if the Pass-Through Rate on such uncertificated
interest were equal to the related Uncertificated REMIC Pass-Through Rate and
the notional amount of such uncertificated interest were equal to the related
Uncertificated REMIC Notional Amount, and any reduction in the amount of Accrued
Certificate Interest resulting from the allocation of Prepayment Interest
Shortfalls, Realized Losses or other amounts to the Class A-V Certificateholders
pursuant to Section 4.05 hereof shall be allocated to the Uncertificated Class
A-V REMIC Regular Interests
-13-
pro rata in accordance with the amount of interest accrued with respect to each
related Uncertificated REMIC Notional Amount and such Distribution Date.
Uncertificated Class A-V REMIC Notional Amount: With respect to each
Uncertificated Class A-V REMIC Regular Interest, the amount of the related
Uncertificated REMIC I IO Notional Amount.
Uncertificated Class A-V REMIC Pass-Through Rate: With respect to each
Uncertificated Class A-V REMIC Regular Interest, 100% of the interest payable on
the related Uncertificated REMIC I IO Regular Interest.
Uncertificated Class A-V REMIC Regular Interest Distribution Amounts:
With respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated Class A-V REMIC Regular Interests for such
Distribution Date pursuant to Section 4.08(a).
Uncertificated Class A-V REMIC Regular Interests: The 795 uncertificated
partial undivided beneficial ownership interests in the Trust Fund, relating to
each Mortgage Loan, numbered sequentially from 1 through 795, each relating to
the particular Mortgage Loan identified by sequential number on the Mortgage
Loan Schedule, each having no principal balance, and each bearing the respective
Pool Strip Rate on the Stated Principal Balance of the related Mortgage Loan.
Uncertificated Principal Balance: With respect to each Uncertificated
REMIC I Regular Interest on any date of determination, an amount equal to (A)(i)
$177,696,000.00 with respect to Uncertificated REMIC I Regular Interest W, (ii)
$106,617,000.00 with respect to Uncertificated REMIC I Regular Interest X, (iii)
$125,892,250.56 with respect to Uncertificated REMIC I Regular Interest Y, and
(iv) $771,718.60 with respect to Uncertificated REMIC I Regular Interest Z,
minus (B) the sum of (x) the aggregate of all amounts previously deemed
distributed with respect to such interest and applied to reduce the
Uncertificated Principal Balance thereof pursuant to Section 10.04(a)(ii) and
(y) the aggregate of all reductions in Uncertificated Principal Balance deemed
to have occurred in connection with Realized Losses that were previously deemed
allocated to the Uncertificated Principal Balance of such Uncertificated REMIC I
Regular Interest pursuant to Section 10.04(d).
Uncertificated REMIC I Accrued Interest: With respect to each
Distribution Date, (i) as to Uncertificated REMIC I Regular Interest W, an
amount equal to the aggregate amount of Accrued Certificate Interest that would
result under the terms of the definition thereof with respect to the Class A-1
Certificates if the Pass-Through Rate on such Class were equal to the
Uncertificated REMIC I Pass-Through Rate and the Uncertificated Principal
Balance was the Certificate Principal Balance, (ii) as to Uncertificated REMIC I
Regular Interest X, an amount equal to the aggregate amount of Accrued
Certificate Interest that would result under the terms of the definition thereof
with respect to the Class A-2 Certificates if the Pass-Through Rate on such
Class were equal to the Uncertificated REMIC I Pass-Through Rate and the
Uncertificated Principal Balance was the Certificate Principal Balance, (iii) as
to Uncertificated REMIC I Regular Interest Y, an amount equal to the aggregate
amount of Accrued Certificate Interest that would result under the terms of the
definition thereof with respect to the Class A-4, Class A-5, Class A-6, Class
A-7, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class
R-II Certificates if the Pass- Through Rate on such Class were equal to the
Uncertificated REMIC I Pass-Through Rate and the Uncertificated Principal
Balance was the Certificate Principal Balance, (iv) as to each Uncertificated
REMIC I IO Regular Interest, an amount equal to the aggregate amount of Accrued
Certificate Interest that would result under the terms of the definition thereof
with respect to each such uncertificated interest, if the Pass-Through Rate on
each such uncertificated interest was equal to the Uncertificated REMIC I
Pass-Through Rate and the notional amount of such uncertificated interest was
equal to the Uncertificated REMIC I IO Notional Amount; provided, that any
reduction in the amount of Accrued Certificate Interest resulting from the
allocation of Prepayment Interest Shortfalls, Realized Losses or other amounts
to the Certificates pursuant to Sections 4.02(a) and 4.05 hereof shall be
allocated to the Uncertificated REMIC I Regular Interests for which such
Certificates are the Corresponding Certificated Interests.
Uncertificated REMIC I Regular Interest W: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the Certificate Principal Balance of the Class A-1 Certificates, and
which bears interest at a rate equal to 4.00% per annum.
Uncertificated REMIC I Regular Interest X: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the Certificate Principal Balance of the Class A-2 Certificates, and
which bears interest at a rate equal to 8.00% per annum.
Uncertificated REMIC I Regular Interest Y: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the aggregate Certificate Principal Balance of the Class A-4, Class
A-5, Class A-6, Class A-7, Class M-1, Class M-2, Class M-3, Class B-1, Class
B-2, Class B-3 and Class R-II Certificates, and which bears interest at a rate
equal to 5.50% per annum.
Uncertificated REMIC I Regular Interest Z: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the Certificate Principal Balance of the Class A-P Certificates, and
which bears interest at a rate equal to 0.00% per annum.
Uncertificated REMIC I Regular Interests: Uncertificated REMIC I Regular
Interest W, Uncertificated REMIC I Regular Interest X, Uncertificated REMIC I
Regular Interest Y, Uncertificated REMIC I Regular Interest Z and REMIC I IO
Regular Interests.
Uncertificated REMIC I IO Notional Amount: With respect to each
Uncertificated REMIC I IO Regular Interest, an amount equal to the aggregate
Stated Principal Balance of the related Non- Discount Mortgage Loan.
Uncertificated REMIC I IO Regular Interests: The 795 uncertificated partial
undivided beneficial ownership interests in REMIC I, each relating to a Mortgage
Loan, each having no principal balance, and each bearing interest at the related
Uncertificated REMIC I Pass-Through Rate on the related Uncertificated REMIC I
IO Notional Amount.
Uncertificated REMIC I IO Regular Interest Distribution Amount: With
respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated Class A-V REMIC Regular Interests for such
Distribution Date pursuant to Section 10.04(a).
-14-
Uncertificated REMIC I Regular Interest W Distribution Amount: With respect
to any Distribution Date, the sum of the amounts deemed to be distributed on the
Uncertificated REMIC I Regular Interest W for such Distribution Date pursuant to
Section 10.04(a).
Uncertificated REMIC I Regular Interest X Distribution Amount: With respect
to any Distribution Date, the sum of the amounts deemed to be distributed on the
Uncertificated REMIC I Regular Interest X for such Distribution Date pursuant to
Section 10.04(a).
Uncertificated REMIC I Regular Interest Y Distribution Amount: With respect
to any Distribution Date, the sum of the amounts deemed to be distributed on the
Uncertificated REMIC I Regular Interest Y for such Distribution Date pursuant to
Section 10.04(a).
Uncertificated REMIC I Regular Interest Z Distribution Amount: With respect
to any Distribution Date, the sum of the amounts deemed to be distributed on the
Uncertificated REMIC I Regular Interest Z for such Distribution Date pursuant to
Section 10.04(a).
Uncertificated REMIC I Regular Interest Distribution Amounts: The
Uncertificated REMIC I Regular Interest W Distribution Amount, the
Uncertificated REMIC I Regular Interest X Distribution Amount, the
Uncertificated REMIC I Regular Interest Y Distribution Amount, the
Uncertificated REMIC I Regular Interest Z Distribution Amount and the
Uncertificated REMIC I IO Regular Interest Distribution Amount.
Underwriter: Xxxxxx Brothers Inc. or Residential Funding Securities
Corporation, as applicable.
Section 1.02 Use of Words and Phrases.
"Herein," "hereby," "hereunder," "hereof," "hereinbefore," "hereinafter"
and other equivalent words refer to the Pooling and Servicing Agreement as a
whole. All references herein to Articles, Sections or Subsections shall mean the
corresponding Articles, Sections and Subsections in the Pooling and Servicing
Agreement. The definitions set forth herein include both the singular and the
plural.
Section 1.03 Determination of LIBOR.
LIBOR applicable to the calculation of the Pass-Through Rates on the
Adjustable Rate Certificates, if any, for any Interest Accrual Period (other
than the initial Interest Accrual Period) will be determined on each LIBOR Rate
Adjustment Date.
On each LIBOR Rate Adjustment Date (other than for the initial Interest
Accrual Period), LIBOR shall be established by the Trustee and, as to any
Interest Accrual Period, will equal the rate for one month United States dollar
deposits that appears on the Telerate Screen Page 3750 as of 11:00 a.m., London
time, on such LIBOR Rate Adjustment Date. "Telerate Screen Page 3750" means the
display designated as page 3750 on the Telerate Service (or such other page as
may replace page 3750 on that service for the purpose of displaying London
interbank offered rates of major banks). If such rate does not appear on such
page (or such other page as may replace that page
-15-
on that service, or if such service is no longer offered, LIBOR shall be so
established by use of such other service for displaying LIBOR or comparable
rates as may be selected by the Trustee after consultation with the Master
Servicer), the rate will be the Reference Bank Rate. The "Reference Bank Rate"
will be determined on the basis of the rates at which deposits in U.S. Dollars
are offered by the reference banks (which shall be any three major banks that
are engaged in transactions in the London interbank market, selected by the
Trustee after consultation with the Master Servicer) as of 11:00 a.m., London
time, on the LIBOR Rate Adjustment Date to prime banks in the London interbank
market for a period of one month in amounts approximately equal to the aggregate
Certificate Principal Balance of the Adjustable Rate Certificates then
outstanding. The Trustee will request the principal London office of each of the
reference banks to provide a quotation of its rate. If at least two such
quotations are provided, the rate will be the arithmetic mean of the quotations
rounded up to the next multiple of 1/16%. If on such date fewer than two
quotations are provided as requested, the rate will be the arithmetic mean of
the rates quoted by one or more major banks in New York City, selected by the
Trustee after consultation with the Master Servicer, as of 11:00 a.m., New York
City time, on such date for loans in U.S. Dollars to leading European banks for
a period of one month in amounts approximately equal to the aggregate
Certificate Principal Balance of the Adjustable Rate Certificates then
outstanding. If no such quotations can be obtained, the rate will be LIBOR for
the prior Distribution Date, or in the case of the first LIBOR Rate Adjustment
Date, 1.10% with respect to the Class A-2 Certificates and Class A-3
Certificates; provided however, if, under the priorities listed previously in
this paragraph, LIBOR for a Distribution Date would be based on LIBOR for the
previous Distribution Date for the third consecutive Distribution Date, the
Trustee, after consultation with the Master Servicer, shall select an
alternative comparable index over which the Trustee has no control, used for
determining one-month Eurodollar lending rates that is calculated and published
or otherwise made available by an independent party.
The establishment of LIBOR by the Trustee on any LIBOR Rate Adjustment Date
and the Master Servicer's subsequent calculation of the Pass-Through Rates
applicable to each of the Adjustable Rate Certificates for the relevant Interest
Accrual Period, in the absence of manifest error, will be final and binding.
Promptly following each LIBOR Rate Adjustment Date the Trustee shall supply
the Master Servicer with the results of its determination of LIBOR on such date.
Furthermore, the Trustee will supply to any Certificateholder so requesting by
telephone the Pass-Through Rates on each of the Adjustable Rate Certificates for
the current and the immediately preceding Interest Accrual Period.
-16-
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans. (See Section 2.01 of the
Standard Terms)
Section 2.02 Acceptance by Trustee. (See Section 2.02 of the Standard
Terms)
Section 2.03 Representations, Warranties and Covenants of the Master
Servicer and the Company.
(a) For representations, warranties and covenants of the Master
Servicer, see Section 2.03(a) of the Standard Terms.
(b) The Company hereby represents and warrants to the Trustee for the
benefit of Certificateholders that as of the Closing Date (or, if otherwise
specified below, as of the date so specified):
(i) No Mortgage Loan is 30 or more days Delinquent in payment of
principal and interest as of the Cut-off Date and no Mortgage Loan has
been so Delinquent more than once in the 12-month period prior to the
Cut-off Date;
(ii) The information set forth in Exhibit One hereto with respect
to each Mortgage Loan or the Mortgage Loans, as the case may be, is true
and correct in all material respects at the date or dates respecting
which such information is furnished;
(iii) The Mortgage Loans are fully-amortizing, fixed-rate
mortgage loans with level Monthly Payments due, with respect to a
majority of the Mortgage Loans, on the first day of each month and terms
to maturity at origination or modification of not more than 30 years;
(iv) To the best of the Company's knowledge, if a Mortgage Loan
is secured by a Mortgaged Property with a Loan-to-Value Ratio at
origination in excess of 80%, such Mortgage Loan is the subject of a
Primary Insurance Policy that insures that (a) at least 30% of the
Stated Principal Balance of the Mortgage Loan at origination if the
Loan-to-Value Ratio is between 95.00% and 90.01%, (b) at least 25% of
such balance if the Loan-to-Value Ratio is between 90.00% and 85.01%,
and (c) at least 12% of such balance if the Loan-to- Value Ratio is
between 85.00% and 80.01%. To the best of the Company's knowledge, each
such Primary Insurance Policy is in full force and effect and the
Trustee is entitled to the benefits thereunder;
(v) The issuers of the Primary Insurance Policies are insurance
companies whose claims-paying abilities are currently acceptable to each
Rating Agency;
-17-
(vi) No more than 0.9% of the Mortgage Loans by aggregate Cut-off
Date Principal Balance are secured by Mortgaged Properties located in
any one zip code area in California and no more than 1.1% of the
Mortgage Loans by aggregate Cut-Off Date Principal Balance are secured
by Mortgaged Properties located in any one zip code area outside
California;
(vii) The improvements upon the Mortgaged Properties are insured
against loss by fire and other hazards as required by the Program Guide,
including flood insurance if required under the National Flood Insurance
Act of 1968, as amended. The Mortgage requires the Mortgagor to maintain
such casualty insurance at the Mortgagor's expense, and on the
Mortgagor's failure to do so, authorizes the holder of the Mortgage to
obtain and maintain such insurance at the Mortgagor's expense and to
seek reimbursement therefor from the Mortgagor;
(viii) Immediately prior to the assignment of the Mortgage Loans
to the Trustee, the Company had good title to, and was the sole owner
of, each Mortgage Loan free and clear of any pledge, lien, encumbrance
or security interest (other than rights to servicing and related
compensation) and such assignment validly transfers ownership of the
Mortgage Loans to the Trustee free and clear of any pledge, lien,
encumbrance or security interest;
(ix) No more than 17.22% of the Mortgage Loans by aggregate
Cut-off Date Principal Balance were underwritten under a reduced loan
documentation program;
(x) Each Mortgagor represented in its loan application with
respect to the related Mortgage Loan that the Mortgaged Property would
be owner-occupied and therefore would not be an investor property as of
the date of origination of such Mortgage Loan. No Mortgagor is a
corporation or a partnership;
(xi) None of the Mortgage Loans is a Buydown Mortgage Loan;
(xii) Each Mortgage Loan constitutes a qualified mortgage under
Section 860G(a)(3)(A) of the Code and Treasury Regulations Section
1.860G-2(a)(1);
(xiii) A policy of title insurance was effective as of the
closing of each Mortgage Loan and is valid and binding and remains in
full force and effect, unless the Mortgaged Properties are located in
the State of Iowa and an attorney's certificate has been provided as
described in the Program Guide;
(xiv) None of the Mortgage Loans are Cooperative Loans;
(xv) With respect to each Mortgage Loan originated under a
"streamlined" Mortgage Loan program (through which no new or updated
appraisals of Mortgaged Properties are obtained in connection with the
refinancing thereof), the related Seller has represented that either (a)
the value of the related Mortgaged Property as of the date the Mortgage
Loan was originated was not less than the appraised value of such
property at the time of origination of the refinanced Mortgage Loan or
(b) the Loan-to-Value Ratio of the
-18-
Mortgage Loan as of the date of origination of the Mortgage Loan
generally meets the Company's underwriting guidelines;
(xvi) Interest on each Mortgage Loan is calculated on the basis
of a 360-day year consisting of twelve 30-day months;
(xvii) None of the Mortgage Loans contains in the related
Mortgage File a Destroyed Mortgage Note; and
(xviii)None of the Mortgage Loans are Pledged Asset Loans or
Additional Collateral Loans.
It is understood and agreed that the representations and warranties set forth in
this Section 2.03(b) shall survive delivery of the respective Mortgage Files to
the Trustee or any Custodian.
Upon discovery by any of the Company, the Master Servicer, the Trustee or
any Custodian of a breach of any of the representations and warranties set forth
in this Section 2.03(b) that materially and adversely affects the interests of
the Certificateholders in any Mortgage Loan, the party discovering such breach
shall give prompt written notice to the other parties (any Custodian being so
obligated under a Custodial Agreement); provided, however, that in the event of
a breach of the representation and warranty set forth in Section 2.03(b)(xii),
the party discovering such breach shall give such notice within five days of
discovery. Within 90 days of its discovery or its receipt of notice of breach,
the Company shall either (i) cure such breach in all material respects or (ii)
purchase such Mortgage Loan from the Trust Fund at the Purchase Price and in the
manner set forth in Section 2.02; provided that the Company shall have the
option to substitute a Qualified Substitute Mortgage Loan or Loans for such
Mortgage Loan if such substitution occurs within two years following the Closing
Date; provided that if the omission or defect would cause the Mortgage Loan to
be other than a "qualified mortgage" as defined in Section 860G(a)(3) of the
Code, any such cure or repurchase must occur within 90 days from the date such
breach was discovered. Any such substitution shall be effected by the Company
under the same terms and conditions as provided in Section 2.04 for
substitutions by Residential Funding. It is understood and agreed that the
obligation of the Company to cure such breach or to so purchase or substitute
for any Mortgage Loan as to which such a breach has occurred and is continuing
shall constitute the sole remedy respecting such breach available to the
Certificateholders or the Trustee on behalf of the Certificateholders.
Notwithstanding the foregoing, the Company shall not be required to cure
breaches or purchase or substitute for Mortgage Loans as provided in this
Section 2.03(b) if the substance of the breach of a representation set forth
above also constitutes fraud in the origination of the Mortgage Loan.
Section 2.04 Representations and Warranties of Sellers.
The Company, as assignee of Residential Funding under the Assignment
Agreement, hereby assigns to the Trustee for the benefit of Certificateholders
all of its right, title and interest in respect of the Assignment Agreement and
each Seller's Agreement (to the extent assigned to the Company pursuant to the
Assignment Agreement) applicable to a Mortgage Loan. Insofar as the Assignment
Agreement or the Company's rights under such Seller's Agreement relate to the
representations and
-19-
warranties made by Residential Funding or the related Seller in respect of such
Mortgage Loan and any remedies provided thereunder for any breach of such
representations and warranties, such right, title and interest may be enforced
by the Master Servicer on behalf of the Trustee and the Certificateholders.
Upon the discovery by the Company, the Master Servicer, the Trustee or any
Custodian of a breach of any of the representations and warranties made in a
Seller's Agreement that have been assigned to the Trustee pursuant to this
Section 2.04 or of a breach of any of the representations and warranties made in
the Assignment Agreement (which, for purposes hereof, will be deemed to include
any other cause giving rise to a repurchase obligation under the Assignment
Agreement) in respect of any Mortgage Loan which materially and adversely
affects the interests of the Certificateholders in such Mortgage Loan, the party
discovering such breach shall give prompt written notice to the other parties
(any Custodian being so obligated under a Custodial Agreement). The Master
Servicer shall promptly notify the related Seller or Residential Funding, as the
case may be, of such breach and request that such Seller or Residential Funding,
as the case may be, either (i) cure such breach in all material respects within
90 days from the date the Master Servicer was notified of such breach or (ii)
purchase such Mortgage Loan from the Trust Fund at the Purchase Price and in the
manner set forth in Section 2.02; provided that in the case of a breach under
the Assignment Agreement Residential Funding shall have the option to substitute
a Qualified Substitute Mortgage Loan or Loans for such Mortgage Loan if such
substitution occurs within two years following the Closing Date; provided that
if the breach would cause the Mortgage Loan to be other than a "qualified
mortgage" as defined in Section 860G(a)(3) of the Code, any such cure,
repurchase or substitution must occur within 90 days from the date the breach
was discovered. If the breach of representation and warranty that gave rise to
the obligation to repurchase or substitute a Mortgage Loan pursuant to Section 4
of the Assignment Agreement was the representation and warranty set forth in
clause (xxxii) of Section 4 thereof, then the Master Servicer shall request that
Residential Funding pay to the Trust Fund, concurrently with and in addition to
the remedies provided in the preceding sentence, an amount equal to any
liability, penalty or expense that was actually incurred and paid out of or on
behalf of the Trust Fund, and that directly resulted from such breach, or if
incurred and paid by the Trust Fund thereafter, concurrently with such payment.
In the event that Residential Funding elects to substitute a Qualified
Substitute Mortgage Loan or Loans for a Deleted Mortgage Loan pursuant to this
Section 2.04, Residential Funding shall deliver to the Trustee for the benefit
of the Certificateholders with respect to such Qualified Substitute Mortgage
Loan or Loans, the original Mortgage Note, the Mortgage, an Assignment of the
Mortgage in recordable form if required pursuant to Section 2.01, and such other
documents and agreements as are required by Section 2.01, with the Mortgage Note
endorsed as required by Section 2.01. No substitution will be made in any
calendar month after the Determination Date for such month. Monthly Payments due
with respect to Qualified Substitute Mortgage Loans in the month of substitution
shall not be part of the Trust Fund and will be retained by the Master Servicer
and remitted by the Master Servicer to Residential Funding on the next
succeeding Distribution Date. For the month of substitution, distributions to
the Certificateholders will include the Monthly Payment due on a Deleted
Mortgage Loan for such month and thereafter Residential Funding shall be
entitled to retain all amounts received in respect of such Deleted Mortgage
Loan. The Master Servicer shall amend or cause to be amended the Mortgage Loan
Schedule, and, if the Deleted Mortgage Loan was a Discount Mortgage Loan, the
Schedule of Discount Fractions, for the benefit of the Certificateholders to
reflect the removal of such Deleted Mortgage Loan and the substitution
-20-
of the Qualified Substitute Mortgage Loan or Loans and the Master Servicer shall
deliver the amended Mortgage Loan Schedule, and, if the Deleted Mortgage Loan
was a Discount Mortgage Loan, the amended Schedule of Discount Fractions, to the
Trustee. Upon such substitution, the Qualified Substitute Mortgage Loan or Loans
shall be subject to the terms of this Agreement and the related Subservicing
Agreement in all respects, the related Seller shall be deemed to have made the
representations and warranties with respect to the Qualified Substitute Mortgage
Loan contained in the related Seller's Agreement as of the date of substitution,
insofar as Residential Funding's rights in respect of such representations and
warranties are assigned to the Company pursuant to the Assignment Agreement, and
the Company and the Master Servicer shall be deemed to have made with respect to
any Qualified Substitute Mortgage Loan or Loans, as of the date of substitution,
the covenants, representations and warranties set forth in this Section 2.04, in
Section 2.03 hereof and in Section 4 of the Assignment Agreement, and the Master
Servicer shall be obligated to repurchase or substitute for any Qualified
Substitute Mortgage Loan as to which a Repurchase Event (as defined in the
Assignment Agreement) has occurred pursuant to Section 4 of the Assignment
Agreement.
In connection with the substitution of one or more Qualified Substitute
Mortgage Loans for one or more Deleted Mortgage Loans, the Master Servicer will
determine the amount (if any) by which the aggregate principal balance of all
such Qualified Substitute Mortgage Loans as of the date of substitution is less
than the aggregate Stated Principal Balance of all such Deleted Mortgage Loans
(in each case after application of the principal portion of the Monthly Payments
due in the month of substitution that are to be distributed to the
Certificateholders in the month of substitution). Residential Funding shall
deposit the amount of such shortfall into the Custodial Account on the day of
substitution, without any reimbursement therefor. Residential Funding shall give
notice in writing to the Trustee of such event, which notice shall be
accompanied by an Officers' Certificate as to the calculation of such shortfall
and (subject to Section 10.01(f)) by an Opinion of Counsel to the effect that
such substitution will not cause (a) any federal tax to be imposed on the Trust
Fund, including without limitation, any federal tax imposed on "prohibited
transactions" under Section 860F(a)(1) of the Code or on "contributions after
the startup date" under Section 860G(d)(1) of the Code or (b) any portion of any
REMIC to fail to qualify as such at any time that any Certificate is
outstanding.
It is understood and agreed that the obligation of the Seller or
Residential Funding, as the case may be, to cure such breach or purchase (or in
the case of Residential Funding to substitute for) such Mortgage Loan as to
which such a breach has occurred and is continuing and to make any additional
payments required under the Assignment Agreement in connection with a breach of
the representation and warranty in clause (xxxii) of Section 4 thereof shall
constitute the sole remedy respecting such breach available to the
Certificateholders or the Trustee on behalf of Certificateholders. If the Master
Servicer is Residential Funding, then the Trustee shall also have the right to
give the notification and require the purchase or substitution provided for in
the second preceding paragraph in the event of such a breach of a representation
or warranty made by Residential Funding in the Assignment Agreement. In
connection with the purchase of or substitution for any such Mortgage Loan by
Residential Funding, the Trustee shall assign to Residential Funding all of the
Trustee's right, title and interest in respect of the Seller's Agreement and the
Assignment Agreement applicable to such Mortgage Loan.
-21-
Section 2.05 Execution and Authentication of Certificates.
--------------------------------------------
The Trustee acknowledges the assignment to it of the Mortgage Loans and the
delivery of the Mortgage Files to it, or any Custodian on its behalf, subject to
any exceptions noted, together with the assignment to it of all other assets
included in the Trust Fund, receipt of which is hereby acknowledged.
Concurrently with such delivery and in exchange therefor, the Trustee, pursuant
to the written request of the Company executed by an officer of the Company has
executed and caused to be authenticated and delivered to or upon the order of
the Company the Certificates in authorized denominations which evidence
ownership of the entire Trust Fund.
-22-
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
(SEE ARTICLE III OF THE STANDARD TERMS)
-23-
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account. (See Section 4.01 of the Standard Terms)
Section 4.02 Distributions.
(a) On each Distribution Date (x) the Master Servicer on behalf of the
Trustee or (y) the Paying Agent appointed by the Trustee, shall distribute
to the Master Servicer, in the case of a distribution pursuant to Section
4.02(a)(iii) below, the amount required to be distributed to the Master
Servicer or a Sub-Servicer pursuant to Section 4.02(a)(iii) below, and to
each Certificateholder of record on the next preceding Record Date (other
than as provided in Section 9.01 respecting the final distribution), either
(1) in immediately available funds (by wire transfer or otherwise) to the
account of such Certificateholder at a bank or other entity having
appropriate facilities therefor, if such Certificateholder has so notified
the Master Servicer or the Paying Agent, as the case may be, or (2) if such
Certificateholder has not so notified the Master Servicer or the Paying
Agent by the Record Date, by check mailed to such Certificateholder at the
address of such Holder appearing in the Certificate Register, such
Certificateholder's share (which share (A) with respect to each Class of
Certificates (other than any Subclass of the Class A-V Certificates), shall
be based on the aggregate of the Percentage Interests represented by
Certificates of the applicable Class held by such Holder or (B) with
respect to any Subclass of the Class A-V Certificates, shall be equal to
the amount (if any) distributed pursuant to Section 4.02(a)(i) below to
each Holder of a Subclass thereof) of the following amounts, in the
following order of priority (subject to the provisions of Section 4.02(b)
below), in each case to the extent of the Available Distribution Amount:
(i) to the Senior Certificates (other than the Principal Only
Certificates) on a pro rata basis based on Accrued Certificate Interest
payable on such Certificates with respect to such Distribution Date,
Accrued Certificate Interest on such Classes of Certificates (or
Subclasses, if any, with respect to the Class A-V Certificates) for such
Distribution Date, plus any Accrued Certificate Interest thereon
remaining unpaid from any previous Distribution Date except as provided
in the last paragraph of this Section 4.02(a) (the "Senior Interest
Distribution Amount"); and
(ii) (X) to the Class A-P Certificates, the Class A-P Principal
Distribution Amount (as defined in Section 4.02(b)(i) herein); and
(Y) to the Senior Certificates (other than the Class A-P
Certificates), in the priorities and amounts set forth in Section
4.02(b)(ii) through Section 4.02(e), the sum of the following (applied
to reduce the Certificate Principal Balances of such Senior
Certificates, as applicable):
(A) the Senior Percentage for such Distribution Date times
the sum of the following:
-24-
(1) the principal portion of each Monthly Payment
due during the related Due Period on each Outstanding
Mortgage Loan (other than the related Discount Fraction of
the principal portion of such payment with respect to a
Discount Mortgage Loan), whether or not received on or
prior to the related Determination Date, minus the
principal portion of any Debt Service Reduction (other
than the related Discount Fraction of the principal
portion of such Debt Service Reductions with respect to
each Discount Mortgage Loan) which together with other
Bankruptcy Losses exceeds the Bankruptcy Amount;
(2) the Stated Principal Balance of any Mortgage
Loan repurchased during the preceding calendar month (or
deemed to have been so repurchased in accordance with
Section 3.07(b) of the Standard Terms) pursuant to
Sections 2.02, 2.04 or 4.07 of the Standard Terms and
Section 2.03 of the Standard Terms and this Series
Supplement, and the amount of any shortfall deposited in
the Custodial Account in connection with the substitution
of a Deleted Mortgage Loan pursuant to Section 2.04 of the
Standard Terms or Section 2.03 of the Standard Terms and
this Series Supplement, during the preceding calendar
month (other than the related Discount Fraction of such
Stated Principal Balance or shortfall with respect to each
Discount Mortgage Loan); and
(3) the principal portion of all other unscheduled
collections (other than Principal Prepayments in Full and
Curtailments and amounts received in connection with a
Cash Liquidation or REO Disposition of a Mortgage Loan
described in Section 4.02(a)(ii)(Y)(B) of this Series
Supplement, including without limitation Insurance
Proceeds, Liquidation Proceeds and REO Proceeds) including
Subsequent Recoveries received during the preceding
calendar month (or deemed to have been so received in
accordance with Section 3.07(b) of the Standard Terms) to
the extent applied by the Master Servicer as recoveries of
principal of the related Mortgage Loan pursuant to Section
3.14 of the Standard Terms (other than the related
Discount Fraction of the principal portion of such
unscheduled collections, with respect to each Discount
Mortgage Loan);
(B) with respect to each Mortgage Loan for which a Cash
Liquidation or a REO Disposition occurred during the preceding
calendar month (or was deemed to have occurred during such period
in accordance with Section 3.07(b) of the Standard Terms) and did
not result in any Excess Special Hazard Losses, Excess Fraud
Losses, Excess Bankruptcy Losses or Extraordinary Losses, an
amount equal to the lesser of (a) the Senior Percentage for such
Distribution Date times the Stated Principal Balance of such
Mortgage Loan (other than the related Discount Fraction of such
Stated Principal Balance, with respect to each Discount Mortgage
Loan) and (b) the Senior Accelerated Distribution Percentage for
such Distribution Date times the related unscheduled collections
(including without limitation Insurance Proceeds, Liquidation
Proceeds and REO Proceeds) to the extent applied by the
-25-
Master Servicer as recoveries of principal of the related
Mortgage Loan pursuant to Section 3.14 of the Standard Terms (in
each case other than the portion of such unscheduled collections,
with respect to a Discount Mortgage Loan, included in Section
4.02(b)(i)(C) of this Series Supplement);
(C) the Senior Accelerated Distribution Percentage for
such Distribution Date times the aggregate of all Principal
Prepayments in Full received in the related Prepayment Period and
Curtailments received in the preceding calendar month (other than
the related Discount Fraction of such Principal Prepayments in
Full and Curtailments, with respect to each Discount Mortgage
Loan);
(D) any Excess Subordinate Principal Amount for such
Distribution Date;
(E) any amounts described in subsection (ii)(Y), clauses
(A), (B) and (C) of this Section 4.02(a), as determined for any
previous Distribution Date, which remain unpaid after application
of amounts previously distributed pursuant to this clause (E) to
the extent that such amounts are not attributable to Realized
Losses which have been allocated to the Subordinate Certificates;
minus
(F) the Capitalization Reimbursement Amount for such
Distribution Date, other than the related Discount Fraction of
any portion of that amount related to each Discount Mortgage
Loan, multiplied by a fraction, the numerator of which is the
Senior Principal Distribution Amount, without giving effect to
this clause (F), and the denominator of which is the sum of the
principal distribution amounts for all Classes of Certificates
other than the Class A-P Certificates, without giving effect to
any reductions for the Capitalization Reimbursement Amount;
(iii) if the Certificate Principal Balances of the Subordinate
Certificates have not been reduced to zero, to the Master Servicer or a
Sub-Servicer, by remitting for deposit to the Custodial Account, to the
extent of and in reimbursement for any Advances or Sub- Servicer
Advances previously made with respect to any Mortgage Loan or REO
Property which remain unreimbursed in whole or in part following the
Cash Liquidation or REO Disposition of such Mortgage Loan or REO
Property, minus any such Advances that were made with respect to
delinquencies that ultimately constituted Excess Special Hazard Losses,
Excess Fraud Losses, Excess Bankruptcy Losses or Extraordinary Losses;
(iv) to the Holders of the Class M-1 Certificates, the Accrued
Certificate Interest thereon for such Distribution Date, plus any
Accrued Certificate Interest thereon remaining unpaid from any previous
Distribution Date, except as provided below;
(v) to the Holders of the Class M-1 Certificates, an amount equal
to (x) the Subordinate Principal Distribution Amount for such Class of
Certificates for such Distribution Date, minus (y) the amount of any
Class A-P Collection Shortfalls for such Distribution Date or remaining
unpaid for all previous Distribution Dates, to the extent the amounts
available pursuant to clause (x) of Sections 4.02(a)(vii), (ix), (xi),
(xiii), (xiv) and
-26-
(xv) of this Series Supplement are insufficient therefor, applied in
reduction of the Certificate Principal Balance of the Class M-1
Certificates;
(vi) to the Holders of the Class M-2 Certificates, the Accrued
Certificate Interest thereon for such Distribution Date, plus any
Accrued Certificate Interest thereon remaining unpaid from any previous
Distribution Date, except as provided below;
(vii) to the Holders of the Class M-2 Certificates, an amount
equal to (x) the Subordinate Principal Distribution Amount for such
Class of Certificates for such Distribution Date, minus (y) the amount
of any Class A-P Collection Shortfalls for such Distribution Date or
remaining unpaid for all previous Distribution Dates, to the extent the
amounts available pursuant to clause (x) of Sections 4.02(a)(ix), (xi),
(xiii), (xiv) and (xv) of this Series Supplement are insufficient
therefor, applied in reduction of the Certificate Principal Balance of
the Class M-2 Certificates;
(viii) to the Holders of the Class M-3 Certificates, the Accrued
Certificate Interest thereon for such Distribution Date, plus any
Accrued Certificate Interest thereon remaining unpaid from any previous
Distribution Date, except as provided below;
(ix) to the Holders of the Class M-3 Certificates, an amount
equal to (x) the Subordinate Principal Distribution Amount for such
Class of Certificates for such Distribution Date minus (y) the amount of
any Class A-P Collection Shortfalls for such Distribution Date or
remaining unpaid for all previous Distribution Dates, to the extent the
amounts available pursuant to clause (x) of Sections 4.02(a)(xi),
(xiii), (xiv) and (xv) of this Series Supplement are insufficient
therefor, applied in reduction of the Certificate Principal Balance of
the Class M-3 Certificates;
(x) to the Holders of the Class B-1 Certificates, the Accrued
Certificate Interest thereon for such Distribution Date, plus any
Accrued Certificate Interest thereon remaining unpaid from any previous
Distribution Date, except as provided below;
(xi) to the Holders of the Class B-1 Certificates, an amount
equal to (x) the Subordinate Principal Distribution Amount for such
Class of Certificates for such Distribution Date minus (y) the amount of
any Class A-P Collection Shortfalls for such Distribution Date or
remaining unpaid for all previous Distribution Dates, to the extent the
amounts available pursuant to clause (x) of Sections 4.02(a)(xiii),
(xiv) and (xv) of this Series Supplement are insufficient therefor,
applied in reduction of the Certificate Principal Balance of the Class
B-1 Certificates;
(xii) to the Holders of the Class B-2 Certificates, the Accrued
Certificate Interest thereon for such Distribution Date, plus any
Accrued Certificate Interest thereon remaining unpaid from any previous
Distribution Date, except as provided below;
(xiii) to the Holders of the Class B-2 Certificates, an amount
equal to (x) the Subordinate Principal Distribution Amount for such
Class of Certificates for such Distribution Date minus (y) the amount of
any Class A-P Collection Shortfalls for such
-27-
Distribution Date or remaining unpaid for all previous Distribution
Dates, to the extent the amounts available pursuant to clause (x) of
Sections 4.02(a)(xiv) and (xv) of this Series Supplement are
insufficient therefor, applied in reduction of the Certificate Principal
Balance of the Class B-2 Certificates;
(xiv) to the Holders of the Class B-3 Certificates, an amount
equal to (x) the Accrued Certificate Interest thereon for such
Distribution Date, plus any Accrued Certificate Interest thereon
remaining unpaid from any previous Distribution Date, except as provided
below, minus (y) the amount of any Class A-P Collection Shortfalls for
such Distribution Date or remaining unpaid for all previous Distribution
Dates, to the extent the amounts available pursuant to clause (x) of
Section 4.02(a) (xv) of this Series Supplement are insufficient
therefor;
(xv) to the Holders of the Class B-3 Certificates, an amount
equal to (x) the Subordinate Principal Distribution Amount for such
Class of Certificates for such Distribution Date minus (y) the amount of
any Class A-P Collection Shortfalls for such Distribution Date or
remaining unpaid for all previous Distribution Dates applied in
reduction of the Certificate Principal Balance of the Class B-3
Certificates;
(xvi) to the Senior Certificates, in the priority set forth in
Section 4.02(b) of this Series Supplement, the portion, if any, of the
Available Distribution Amount remaining after the foregoing
distributions, applied to reduce the Certificate Principal Balances of
such Senior Certificates, but in no event more than the aggregate of the
outstanding Certificate Principal Balances of each such Class of Senior
Certificates, and thereafter, to each Class of Subordinate Certificates
then outstanding beginning with such Class with the Highest Priority,
any portion of the Available Distribution Amount remaining after the
Senior Certificates have been retired, applied to reduce the Certificate
Principal Balance of each such Class of Subordinate Certificates, but in
no event more than the outstanding Certificate Principal Balance of each
such Class of Subordinate Certificates; and
(xvii) to the Class R-II Certificates, the balance, if any, of
the Available Distribution Amount.
Notwithstanding the foregoing, on any Distribution Date, with respect to
the Class of Subordinate Certificates outstanding on such Distribution Date with
the Lowest Priority, or in the event the Subordinate Certificates are no longer
outstanding, the Senior Certificates, Accrued Certificate Interest thereon
remaining unpaid from any previous Distribution Date will be distributable only
to the extent that (1) a shortfall in the amounts available to pay Accrued
Certificate Interest on any Class of Certificates results from an interest rate
reduction in connection with a Servicing Modification, or (2) such unpaid
Accrued Certificate Interest was attributable to interest shortfalls relating to
the failure of the Master Servicer to make any required Advance, or the
determination by the Master Servicer that any proposed Advance would be a
Nonrecoverable Advance with respect to the related Mortgage Loan where such
Mortgage Loan has not yet been the subject of a Cash Liquidation or REO
Disposition or the related Liquidation Proceeds, Insurance Proceeds and REO
Proceeds have not yet been distributed to the Certificateholders.
-28-
(b) Distributions of principal on the Senior Certificates on each
Distribution Date occurring prior to the Credit Support Depletion Date will
be made as follows:
(i) to the Class A-P Certificates, until the Certificate
Principal Balance thereof is reduced to zero, an amount (the "Class A-P
Principal Distribution Amount") equal to the aggregate of:
(A) the related Discount Fraction of the principal portion
of each Monthly Payment on each Discount Mortgage Loan due during
the related Due Period, whether or not received on or prior to
the related Determination Date, minus the Discount Fraction of
the principal portion of any related Debt Service Reduction which
together with other Bankruptcy Losses exceeds the Bankruptcy
Amount;
(B) the related Discount Fraction of the principal portion
of all unscheduled collections on each Discount Mortgage Loan
received during the preceding calendar month or, in the case of
Principal Prepayments in Full, during the related Prepayment
Period (other than amounts received in connection with a Cash
Liquidation or REO Disposition of a Discount Mortgage Loan
described in clause (C) below), including Principal Prepayments
in Full, Curtailments, Subsequent Recoveries and repurchases
(including deemed repurchases under Section 3.07(b) of the
Standard Terms) of Discount Mortgage Loans (or, in the case of a
substitution of a Deleted Mortgage Loan, the Discount Fraction of
the amount of any shortfall deposited in the Custodial Account in
connection with such substitution);
(C) in connection with the Cash Liquidation or REO
Disposition of a Discount Mortgage Loan that did not result in
any Excess Special Hazard Losses, Excess Fraud Losses, Excess
Bankruptcy Losses or Extraordinary Losses, an amount equal to the
lesser of (1) the applicable Discount Fraction of the Stated
Principal Balance of such Discount Mortgage Loan immediately
prior to such Distribution Date and (2) the aggregate amount of
the collections on such Discount Mortgage Loan to the extent
applied as recoveries of principal;
(D) any amounts allocable to principal for any previous
Distribution Date (calculated pursuant to clauses (A) through (C)
above) that remain undistributed; and
(E) the amount of any Class A-P Collection Shortfalls for
such Distribution Date and the amount of any Class A-P Collection
Shortfalls remaining unpaid for all previous Distribution Dates,
but only to the extent of the Eligible Funds for such
Distribution Date; minus
(F) the related Discount Fraction of the portion of the
Capitalization Reimbursement Amount for such Distribution Date,
if any, related to each Discount Mortgage Loan; and
-29-
(ii) the Senior Principal Distribution Amount shall be
distributed to the Class R-I Certificates and Class R-II Certificates,
concurrently on a pro rata basis, until the Certificate Principal
Balance thereof has been reduced to zero;
(iii) the balance of the Senior Principal Distribution Amount
remaining after the distribution described in clause (ii) above shall be
distributed to the Lockout Certificates, in reduction of the Certificate
Principal Balance thereof, in an amount equal to:
(A) the Lockout Scheduled Percentage of the Lockout
Certificates' pro rata share (based on the aggregate Certificate
Principal Balance thereof relative to the aggregate Certificate
Principal Balance of all of the Certificates (other than the
Class A-P Certificates)) of the aggregate of the collections
described in Section 4.02(a)(ii)(Y)(A), (B) and (E) without
application of the Senior Percentage or the Senior Accelerated
Distribution Percentage; and
(B) the Lockout Prepayment Percentage of the Lockout
Certificates' pro rata share (based on the aggregate Certificate
Principal Balance thereof relative to the aggregate Certificate
Principal Balance of all of the Certificates (other than the
Class A-P Certificates)) of the aggregate of the collections
described in Section 4.02(a)(ii)(Y)(C) without application of the
Senior Accelerated Distribution Percentage;
provided that, if the aggregate of the amounts set forth in
Section 4.02(a)(ii)(Y)(A), (B), (C) and (E) (net of amounts set
forth in Section 4.02(a)(ii)(Y)(F)) is more than the balance of
the Available Distribution Amount remaining after the Senior
Interest Distribution Amount and the Class A-P Distribution
Amount have been distributed, the amount paid to the Lockout
Certificates pursuant to this clause (iii) shall be reduced by an
amount equal to the Lockout Certificates' pro rata share (based
on the aggregate Certificate Principal Balance thereof relative
to the aggregate Certificate Principal Balance of the Senior
Certificates (other than the Class A-P Certificates)) of such
difference;
(iv) the balance of the Senior Principal Distribution Amount
remaining after the distributions, if any, described in clauses (ii) and
(iii) above shall be distributed concurrently as follows:
(A) 5.0114762807% in the following manner and order of
priority:
(1) first, to the Class A-6 Certificates, until the
Certificate Principal Balance thereof has been reduced to
the Targeted Principal Balance for such Distribution Date;
(2) second, to the Class A-7 Certificates, until
the Certificate Principal Balance thereof has been reduced
to zero;
-30-
(3) third, to the Class A-6 Certificates, without
regard to the Targeted Principal Balance for such
Distribution Date, until the Certificate Principal Balance
thereof has been reduced to zero; and
(B) 94.9885237193% to the Class A-1 and Class A-2
Certificates, concurrently on a pro rata basis, until the
Certificate Principal Balances thereof have been reduced to zero;
and
(v) the balance of the Senior Principal Distribution Amount
remaining after the distributions, if any, described in clauses (ii)
through (iv) shall be distributed to the Class A-4 Certificates, until
the Certificate Principal Balance thereof has been reduced to zero; and
(vi) the balance of the Senior Principal Distribution Amount
remaining after the distributions, if any, described in clauses (ii)
through (v) shall be distributed to the Lockout Certificates, until the
Certificate Principal Balance thereof has been reduced to zero.
(c) On or after the occurrence of the Credit Support Depletion Date, all
priorities relating to distributions as described in Section 4.02(b) of
this Series Supplement in respect of principal among the Senior
Certificates (other than the Class A-P Certificates) will be disregarded,
and (i) an amount equal to the Discount Fraction of the principal portion
of scheduled and unscheduled payments received or advanced in respect of
the Discount Mortgage Loans will be distributed to the Class A-P
Certificates, (ii) the Senior Principal Distribution Amount will be
distributed to the remaining Senior Certificates (other than the Class A-P
Certificates) pro rata in accordance with their respective outstanding
Certificate Principal Balances and (iii) the amount set forth in Section
4.02(a)(i) herein will be distributed as set forth therein.
(d) After the reduction of the Certificate Principal Balances of the
Senior Certificates (other than the Class A-P Certificates) to zero but
prior to the Credit Support Depletion Date, the Senior Certificates (other
than the Class A-P Certificates) will be entitled to no further
distributions of principal thereon and the Available Distribution Amount
will be paid solely to the holders of the Class A-P Certificates, Class A-V
Certificates, Class M Certificates and Class B Certificates, in each case
as described herein.
(e) In addition to the foregoing distributions, with respect to any
Subsequent Recoveries, the Master Servicer shall deposit such funds into
the Custodial Account pursuant to Section 3.07(b)(iii). If, after taking
into account such Subsequent Recoveries, the amount of a Realized Loss is
reduced, the amount of such Subsequent Recoveries will be applied to
increase the Certificate Principal Balance of the Class of Subordinate
Certificates with the Highest Priority to which Realized Losses, other than
Excess Bankruptcy Losses, Excess Fraud Losses, Excess Special Hazard Losses
and Extraordinary Losses, have been allocated, but not by more than the
amount of Realized Losses previously allocated to that Class of
Certificates pursuant to Section 4.05. The amount of any remaining
Subsequent Recoveries will be applied to increase the Certificate Principal
Balance of the Class of Certificates with the next Lower Priority, up to
the amount of such Realized Losses previously allocated to that Class of
Certificates
-31-
pursuant to Section 4.05. Any remaining Subsequent Recoveries will in turn
be applied to increase the Certificate Principal Balance of the Class of
Certificates with the next Lower Priority up to the amount of such Realized
Losses previously allocated to that Class of Certificates pursuant to
Section 4.05, and so on. Holders of such Certificates will not be entitled
to any payment in respect of Accrued Certificate Interest on the amount of
such increases for any Interest Accrual Period preceding the Distribution
Date on which such increase occurs. Any such increases shall be applied to
the Certificate Principal Balance of each Certificate of such Class in
accordance with its respective Percentage Interest.
(f) Each distribution with respect to a Book-Entry Certificate shall be
paid to the Depository, as Holder thereof, and the Depository shall be
solely responsible for crediting the amount of such distribution to the
accounts of its Depository Participants in accordance with its normal
procedures. Each Depository Participant shall be responsible for disbursing
such distribution to the Certificate Owners that it represents and to each
indirect participating brokerage firm (a "brokerage firm") for which it
acts as agent. Each brokerage firm shall be responsible for disbursing
funds to the Certificate Owners that it represents. None of the Trustee,
the Certificate Registrar, the Company or the Master Servicer shall have
any responsibility therefor.
(g) Except as otherwise provided in Section 9.01, if the Master Servicer
anticipates that a final distribution with respect to any Class of
Certificates will be made on the next Distribution Date, the Master
Servicer shall, no later than the Determination Date in the month of such
final distribution, notify the Trustee and the Trustee shall, no later than
two (2) Business Days after such Determination Date, mail on such date to
each Holder of such Class of Certificates a notice to the effect that: (i)
the Trustee anticipates that the final distribution with respect to such
Class of Certificates will be made on such Distribution Date but only upon
presentation and surrender of such Certificates at the office of the
Trustee or as otherwise specified therein, and (ii) no interest shall
accrue on such Certificates from and after the end of the related Interest
Accrual Period. In the event that Certificateholders required to surrender
their Certificates pursuant to Section 9.01(c) do not surrender their
Certificates for final cancellation, the Trustee shall cause funds
distributable with respect to such Certificates to be withdrawn from the
Certificate Account and credited to a separate escrow account for the
benefit of such Certificateholders as provided in Section 9.01(d).
Section 4.03 Statements to Certificateholders; Statements to Rating
Agencies; Exchange Act Reporting. (See Section 4.03 of the
Standard Terms)
Section 4.04 Distribution of Reports to the Trustee and the Company;
Advances by the Master Servicer. (See Section 4.04 of the
Standard Terms)
Section 4.05 Allocation of Realized Losses.
Prior to each Distribution Date, the Master Servicer shall determine the
total amount of Realized Losses, if any, that resulted from any Cash
Liquidation, Servicing Modification, Debt Service Reduction, Deficient Valuation
or REO Disposition that occurred during the related Prepayment Period or, in the
case of a Servicing Modification that constitutes a reduction of the
-32-
interest rate on a Mortgage Loan, the amount of the reduction in the interest
portion of the Monthly Payment due during the related Due Period. The amount of
each Realized Loss shall be evidenced by an Officers' Certificate. All Realized
Losses, other than Excess Special Hazard Losses, Extraordinary Losses, Excess
Bankruptcy Losses or Excess Fraud Losses, shall be allocated as follows: first,
to the Class B-3 Certificates until the Certificate Principal Balance thereof
has been reduced to zero; second, to the Class B-2 Certificates until the
Certificate Principal Balance thereof has been reduced to zero; third, to the
Class B-1 Certificates until the Certificate Principal Balance thereof has been
reduced to zero; fourth, to the Class M-3 Certificates until the Certificate
Principal Balance thereof has been reduced to zero; fifth, to the Class M-2
Certificates until the Certificate Principal Balance thereof has been reduced to
zero; sixth, to the Class M-1 Certificates until the Certificate Principal
Balance thereof has been reduced to zero; and, thereafter, if any such Realized
Losses are on a Discount Mortgage Loan, to the Class A-P Certificates in an
amount equal to the Discount Fraction of the principal portion thereof, and the
remainder of such Realized Losses on the Discount Mortgage Loans and the entire
amount of such Realized Losses on Non-Discount Mortgage Loans will be allocated
among all the Senior Certificates (other than the Class A-V Certificates and
Class A-P Certificates) in the case of the principal portion of such loss on a
pro rata basis and among all of the Senior Certificates (other than the Class
A-P Certificates) in the case of the interest portion of such loss on a pro rata
basis, as described below. Any Excess Special Hazard Losses, Excess Bankruptcy
Losses, Excess Fraud Losses, Extraordinary Losses on Non-Discount Mortgage Loans
will be allocated among the Senior Certificates (other than the Class A-P
Certificates) and Subordinate Certificates, on a pro rata basis, as described
below. The principal portion of such Realized Losses on the Discount Mortgage
Loans will be allocated to the Class A-P Certificates in an amount equal to the
Discount Fraction thereof and the remainder of such Realized Losses on the
Discount Mortgage Loans and the entire amount of such Realized Losses on Non-
Discount Mortgage Loans will be allocated among the Senior Certificates (other
than the Class A-P Certificates) and Subordinate Certificates, on a pro rata
basis, as described below.
As used herein, an allocation of a Realized Loss on a "pro rata basis"
among two or more specified Classes of Certificates means an allocation on a pro
rata basis, among the various Classes so specified, to each such Class of
Certificates on the basis of their then outstanding Certificate Principal
Balances prior to giving effect to distributions to be made on such Distribution
Date in the case of the principal portion of a Realized Loss or based on the
Accrued Certificate Interest thereon payable on such Distribution Date (without
regard to any Compensating Interest for such Distribution Date) in the case of
an interest portion of a Realized Loss. Except as provided in the following
sentence, any allocation of the principal portion of Realized Losses (other than
Debt Service Reductions) to a Class of Certificates shall be made by reducing
the Certificate Principal Balance thereof by the amount so allocated, which
allocation shall be deemed to have occurred on such Distribution Date; provided
that no such reduction shall reduce the aggregate Certificate Principal Balance
of the Certificates below the aggregate Stated Principal Balance of the Mortgage
Loans. Any allocation of the principal portion of Realized Losses (other than
Debt Service Reductions) to the Subordinate Certificates then outstanding with
the Lowest Priority shall be made by operation of the definition of "Certificate
Principal Balance" and by operation of the provisions of Section 4.02(a).
Allocations of the interest portions of Realized Losses (other than any interest
rate reduction resulting from a Servicing Modification) shall be made in
proportion to the amount of Accrued Certificate Interest and by operation of the
definition of "Accrued Certificate Interest" and by operation of the provisions
of Section 4.02(a). Allocations of the interest portion of a
-33-
Realized Loss resulting from an interest rate reduction in connection with a
Servicing Modification shall be made by operation of the provisions of Section
4.02(a). Allocations of the principal portion of Debt Service Reductions shall
be made by operation of the provisions of Section 4.02(a). All Realized Losses
and all other losses allocated to a Class of Certificates hereunder will be
allocated among the Certificates of such Class in proportion to the Percentage
Interests evidenced thereby; provided that if any Subclasses of the Class A-V
Certificates have been issued pursuant to Section 5.01(c), such Realized Losses
and other losses allocated to the Class A-V Certificates shall be allocated
among such Subclasses in proportion to the respective amounts of Accrued
Certificate Interest payable on such Distribution Date that would have resulted
absent such reductions.
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged
Property. (See Section 4.06 of the Standard Terms)
Section 4.07 Optional Purchase of Defaulted Mortgage Loans. (See
Section 4.07 of the Standard Terms)
Section 4.08 Surety Bond. (See Section 4.08 of the Standard Terms)
Section 4.09 [Reserved].
Section 4.10 [Reserved].
-34-
ARTICLE V
THE CERTIFICATES
(SEE ARTICLE V OF THE STANDARD TERMS)
-35-
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
(SEE ARTICLE VI OF THE STANDARD TERMS)
-36-
ARTICLE VII
DEFAULT
(SEE ARTICLE VII OF THE STANDARD TERMS)
-37-
ARTICLE VIII
CONCERNING THE TRUSTEE
(SEE ARTICLE VIII OF THE STANDARD TERMS)
-38-
ARTICLE IX
TERMINATION
Section 9.01 Optional Purchase by the Master Servicer of All
Certificates; Termination Upon Purchase by the Master
Servicer or Liquidation of All Mortgage Loans.
(a) Subject to Section 9.02, the respective obligations and
responsibilities of the Company, the Master Servicer and the Trustee
created hereby in respect of the Certificates (other than the obligation of
the Trustee to make certain payments after the Final Distribution Date to
Certificateholders and the obligation of the Company to send certain
notices as hereinafter set forth) shall terminate upon the last action
required to be taken by the Trustee on the Final Distribution Date pursuant
to this Article IX following the earlier of:
(i) the later of the final payment or other liquidation (or any
Advance with respect thereto) of the last Mortgage Loan remaining in the
Trust Fund or the disposition of all property acquired upon foreclosure
or deed in lieu of foreclosure of any Mortgage Loan, or
(ii) the purchase by the Master Servicer of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in
the Trust Fund at a price equal to 100% of the unpaid principal balance
of each Mortgage Loan or, if less than such unpaid principal balance,
the fair market value of the related underlying property of such
Mortgage Loan with respect to Mortgage Loans as to which title has been
acquired if such fair market value is less than such unpaid principal
balance (net of any unreimbursed Advances attributable to principal) on
the day of repurchase plus accrued interest thereon at the Net Mortgage
Rate (or Modified Net Mortgage Rate in the case of any Modified Mortgage
Loan) to, but not including, the first day of the month in which such
repurchase price is distributed, provided, however, that in no event
shall the trust created hereby continue beyond the expiration of 21
years from the death of the last survivor of the descendants of Xxxxxx
X. Xxxxxxx, the late ambassador of the United States to the Court of St.
Xxxxx, living on the date hereof and provided further that the purchase
price set forth above shall be increased as is necessary, as determined
by the Master Servicer, to avoid disqualification of any portion of any
REMIC formed under the Series Supplement as a REMIC. The purchase price
paid by the Master Servicer shall also include any amounts owed by
Residential Funding pursuant to the penultimate paragraph of Section (d)
of the Assignment Agreement in respect of any liability, penalty or
expense that resulted from a breach of the representation and warranty
set forth in clause (xxxii) of such Section, that remain unpaid on the
date of such purchase.
The right of the Master Servicer to purchase all the assets of the Trust
Fund pursuant to clause (ii) above is conditioned upon the Pool Stated Principal
Balance as of the Final Distribution Date, prior to giving effect to
distributions to be made on such Distribution Date, being less than ten percent
of the Cut-off Date Principal Balance of the Mortgage Loans. If such right is
exercised by the Master Servicer, the Master Servicer shall be deemed to have
been reimbursed for the full
-39-
amount of any unreimbursed Advances theretofore made by it with respect to the
Mortgage Loans. In addition, the Master Servicer shall provide to the Trustee
the certification required by Section 3.15 and the Trustee and any Custodian
shall, promptly following payment of the purchase price, release to the Master
Servicer the Mortgage Files pertaining to the Mortgage Loans being purchased.
In addition to the foregoing, on any Distribution Date on which the Pool
Stated Principal Balance, prior to giving effect to distributions to be made on
such Distribution Date, is less than ten percent of the Cut-off Date Principal
Balance of the Mortgage Loans, Master Servicer shall have the right, at its
option, to purchase the Certificates in whole, but not in part, at a price equal
to the outstanding Certificate Principal Balance of such Certificates plus the
sum of Accrued Certificate Interest thereon for the related Interest Accrual
Period and any previously unpaid Accrued Certificate Interest. If the Master
Servicer exercises this right to purchase the outstanding Certificates, the
Master Servicer will promptly terminate the respective obligations and
responsibilities created hereby in respect of the Certificates pursuant to this
Article IX.
(b) - (e) (See Section 9.01(b) - (e) of the Standard Terms
Section 9.02 Additional Termination Requirements. (See Section 9.02 of
the Standard Terms)
Section 9.03 Termination of Multiple REMICs. (See Section 9.03 of the
Standard Terms)
-40-
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration. (See Section 10.01 of the Standard
Terms)
Section 10.02 Master Servicer; REMIC Administrator and Trustee
Indemnification. (See Section 10.02 of the Standard Terms)
Section 10.03 Designation of REMIC(s).
The REMIC Administrator will make elections to treat each of REMIC I and
REMIC II subject to this Agreement (including the Mortgage Loans but excluding
the Initial Monthly Payment Fund) as a REMIC for federal income tax purposes.
The Uncertificated REMIC I Regular Interests shall be designated as the
"regular interests" and the Class R-I Certificates shall be designated as the
sole class of "residual interests" in REMIC I. The Class A-1, Class A-2, Class
A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-P, Class M-1, Class
M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates and the rights
in and to which will be represented by the Class A-V Certificates, will be
"regular interests" in REMIC II, and the Class R-II Certificates will be the
sole class of "residual interests" therein for purposes of the REMIC Provisions
(as defined in the Standard Terms) under federal income tax law. On and after
the date of issuance of any Subclass of Class A-V Certificates pursuant to
Section 5.01(c) of the Standard Terms, any such Subclass will represent the
Uncertificated Class A-V REMIC Regular Interest or Interests specified by the
initial Holder of the Class A-V Certificates pursuant to said Section.
Section 10.04 Distributions on the Uncertificated REMIC I Regular
Interests.
(a) On each Distribution Date the Trustee shall be deemed to distribute to
itself, as the holder of the Uncertificated REMIC I Regular Interests, from
REMIC I, the following amounts in the following order of priority to the extent
of the Available Distribution Amount reduced by distributions made to the Class
R-I Certificates pursuant to Section 4.02(a):
(i) Uncertificated REMIC I Accrued Interest on the Uncertificated
REMIC I Regular Interests for such Distribution Date, plus any
Uncertificated REMIC I Accrued Interest thereon remaining unpaid
from any previous Distribution Date; and
(ii) In accordance with the priority set forth in Section
10.04(b), an amount equal to the sum of the amounts in respect of
principal distributable on the Class A-1 Certificates, Class A-2
Certificates, Class A-4 Certificates, Class A-5 Certificates,
Class A-6 Certificates, Class A-7 Certificates, Class A-P
Certificates, Class M-1 Certificates, Class M-2 Certificates,
Class M-3 Certificates, Class B-1 Certificates, Class B-2
Certificates, Class B-3 Certificates and Class R-II Certificates
under Section 4.02(a), as allocated thereto pursuant to Section
4.02(b).
-41-
(b) The amount described in Section 10.04(a)(ii) shall be deemed
distributed to (i) Uncertificated REMIC I Regular Interest W, (ii)
Uncertificated REMIC I Regular Interest X, (iii) Uncertificated REMIC I Regular
Interest Y, and (iv) Uncertificated REMIC I Regular Interest Z, with the amount
to be distributed allocated among such interests in accordance with the priority
assigned to the (i) Class A-1 Certificates, (ii) Class A-2 Certificates, (iii)
Class A-4, Class A-5, Class A-6, Class A-7, Class M-1, Class M-2, Class M-3,
Class B-1, Class B-2, Class B-3 and Class R-II Certificates and (iv) Class A-P
Certificates, respectively, under Section 4.02(b) until the Uncertificated
Principal Balance of each such interest is reduced to zero.
(c) The portion of the Uncertificated REMIC I Regular Interest
Distribution Amounts described in Section 10.04(a)(i) shall be deemed
distributed by REMIC I to REMIC II in accordance with the priority assigned to
the REMIC II Certificates relative to that assigned to the REMIC I Certificates
under Section 4.02(b).
(d) In determining from time to time the Uncertificated REMIC I Regular
Interest Distribution Amounts, Realized Losses allocated to the Certificates
shall be allocated to Uncertificated REMIC I Regular Interests in the same
amounts and priorities as allocated to the Corresponding Certificated Interests.
(e) Notwithstanding the deemed distributions on the Uncertificated REMIC
I Regular Interests described in this Section 10.04, distributions of funds from
the Certificate Account shall be made only in accordance with Section 4.02.
Section 10.05 Distributions on the Uncertificated Class A-V REMIC
Regular Interests.
(a) On each Distribution Date, the Trustee shall be deemed to distribute
to itself, as the holder of the Uncertificated Class A-V REMIC Regular
Interests, from REMIC II, Uncertificated Class A-V REMIC Accrued Interest on the
Uncertificated Class A-V REMIC Regular Interests for such Distribution Date,
plus any Uncertificated Class A-V REMIC Accrued Interest thereon remaining
unpaid from any previous Distribution Date.
(b) In determining from time to time the Uncertificated Class A-V REMIC
Regular Interest Distribution Amounts, Realized Losses allocated to the Class
A-V Certificates under Section 4.05 shall be deemed allocated to Uncertificated
Class A-V REMIC Regular Interests on a pro rata basis based on the
Uncertificated Class A-V REMIC Accrued Interest for the related Distribution
Date.
(c) On each Distribution Date, the Trustee shall be deemed to distribute
from the Trust Fund, in the priority set forth in Section 4.02(a), to the Class
A-V Certificates, the amounts distributable thereon from the Uncertificated
Class A-V REMIC Regular Interest Distribution Amounts deemed to have been
received by the Trustee from the Trust Fund under this Section 10.05. The amount
deemed distributable hereunder with respect to the Class A-V Certificates shall
equal 100% of the amounts payable with respect to the Uncertificated Class A-V
REMIC Regular Interests.
-42-
(d) Notwithstanding the deemed distributions on the Uncertificated Class
A-V REMIC Regular Interests described in this Section 10.05, distributions of
funds from the Certificate Account shall be made only in accordance with Section
4.02.
Section 10.06 Compliance with Withholding Requirements.
Notwithstanding any other provision of this Agreement, the Trustee or
any Paying Agent, as applicable, shall comply with all federal withholding
requirements respecting payments to Certificateholders, including interest or
original interest discount payments or advances thereof that the Trustee or any
Paying Agent, as applicable, reasonably believes are applicable under the Code.
The consent of Certificateholders shall not be required for such withholding. In
the event the Trustee or any Paying Agent, as applicable, does withhold any
amount from interest or original issue discount payments or advances thereof to
any Certificateholder pursuant to federal withholding requirements, the Trustee
or any Paying Agent, as applicable, shall indicate the amount withheld to such
Certificateholder pursuant to the terms of such requirements.
-43-
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment. (See Section 11.01 of the Standard Terms)
Section 11.02 Recordation of Agreement. Counterparts. (See Section
11.02 of the Standard Terms)
Section 11.03 Limitation on Rights of Certificateholders. (See Section
11.03 of the Standard Terms)
Section 11.04 Governing Laws. (See Section 11.04 of the Standard Terms)
Section 11.05 Notices. All demands and notices hereunder shall be
in writing and shall be deemed to have been duly given if
personally delivered at or mailed by registered mail,
postage prepaid (except for notices to the Trustee which
shall be deemed to have been duly given only when
received), to the appropriate address for each recipient
listed in the table below or, in each case, such other
address as may hereafter be furnished in writing to the
Master Servicer, the Trustee and the Company, as
applicable:
Recipient Address
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000, Xxxxxxxxxxx, Xxxxxxxxx 00000,
Company Attention: President
0000 X. Xxxxxxx Xxxxxx, Xxxxx 000
Xxxxxxx, Xxxxxxxxxx 00000-0000,
Master Servicer Attention: Managing Director/Master Servicing
Trustee Corporate Trust Office
The Trustee designates its offices located at
c/o DTC Transfer Services 00 Xxxxx Xxxxxx, 0xx
Xxxxx-Xxxxxxxx Xxxx Entrance New York, New York
10041, for the purposes of Section 8.12 of the
Standard Terms 00 Xxxxx Xxxxxx
Standard and Poor's New York, New York 00000
Xxxxx's 00 Xxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Any notice required or permitted to be mailed to a Certificateholder shall be
given by first class mail, postage prepaid, at the address of such Holder as
shown in the Certificate Register. Any notice so mailed within the time
prescribed in this Agreement shall be conclusively presumed to have been duly
given, whether or not the Certificateholder receives such notice.
-44-
Section 11.06 Required Notices to Rating Agency and Subservicer.
The Company, the Master Servicer or the Trustee, as applicable, shall
notify each Rating Agency and the Subservicer at such time as it is otherwise
required pursuant to this Agreement to give notice of the occurrence of, any of
the events described in clause (a), (b), (c), (d), (g), (h), (i) or (j) below or
provide a copy to each Rating Agency at such time as otherwise required to be
delivered pursuant to this Agreement of any of the statements described in
clauses (e) and (f) below:
(a) a material change or amendment to this Agreement,
(b) the occurrence of an Event of Default,
(c) the termination or appointment of a successor Master Servicer
or Trustee or a change in the majority ownership of the Trustee,
(d) the filing of any claim under the Master Servicer's blanket
fidelity bond and the errors and omissions insurance policy required by
Section 3.12 or the cancellation or modification of coverage under any
such instrument,
(e) the statement required to be delivered to the Holders of each
Class of Certificates pursuant to Section 4.03,
(f) the statements required to be delivered pursuant to Sections
3.18 and 3.19,
(g) a change in the location of the Custodial Account or the
Certificate Account,
(h) the occurrence of any monthly cash flow shortfall to the
Holders of any Class of Certificates resulting from the failure by the
Master Servicer to make an Advance pursuant to Section 4.04,
(i) the occurrence of the Final Distribution Date, and
(j) the repurchase of or substitution for any Mortgage Loan,
provided, however, that with respect to notice of the occurrence of the events
described in clauses (d), (g) or (h) above, the Master Servicer shall provide
prompt written notice to each Rating Agency and the Subservicer of any such
event known to the Master Servicer.
Section 11.07 Severability of Provisions. (See Section 11.07 of the
Standard Terms)
Section 11.08 Supplemental Provisions for Resecuritization. (See
Section 11.08 of the Standard Terms)
Section 11.09 Allocation of Voting Rights.
-45-
97.0% of all Voting Rights shall be allocated among Holders of
Certificates, other than the Interest Only and Residual Certificates, in
proportion to the outstanding Certificate Principal Balances of their respective
Certificates; 1.0% of all Voting Rights shall be allocated among the Holders of
the Class A-3 Certificates in accordance with their respective Percentage
Interests; 1.0% of all Voting Rights shall be allocated among the Holders of the
Class A-V Certificates in accordance with their respective Percentage Interests;
and 0.5% and 0.5% of all Voting Rights shall be allocated among the Holders of
the Class R-I Certificates and Class R-II Certificates, respectively, in
accordance with their respective Percentage Interests.
-46-
IN WITNESS WHEREOF, the Company, the Master Servicer and the Trustee have
caused their names to be signed hereto by their respective officers thereunto
duly authorized and their respective seals, duly attested, to be hereunto
affixed, all as of the day and year first above written.
[Seal] RESIDENTIAL FUNDING
MORTGAGE SECURITIES I,
INC.
Attest:/s/ Xxx Xxxxxx By:/s/ Xxxxx Xxxxxxxxx
Name: Xxx Xxxxxx Name: Xxxxx Xxxxxxxxx
Title: Vice President Title: Vice President
[Seal]
RESIDENTIAL FUNDING CORPORATION
Attest:/s/ Xxxxx Xxxxxxxxx By:/s/ Xxx Xxxxxx
Name: Xxxxx Xxxxxxxxx Name: Xxx Xxxxxx
Title: Director Title: Associate
[Seal] BANK ONE,
NATIONAL
ASSOCIATION as
Trustee
Attest:/s/ X. Xxxxxx
----------------------------------------
Name: X. Xxxxxx By: /s/ Xxxxx X. Xxxxxxxxxx
Title: Vice President Name: Xxxxx X. Xxxxxxxxxx
Title: Vice President
-47-
STATE OF MINNESOTA )
) ss.:
COUNTY OF HENNEPIN )
On the 27th day of June, 2003 before me, a notary public in and
for said State, personally appeared Xxxxx Xxxxxxxxx, known to me to be a Vice
President of Residential Funding Mortgage Securities I, Inc., one of the
corporations that executed the within instrument, and also known to me to be the
person who executed it on behalf of said corporation, and acknowledged to me
that such corporation executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.
Notary Public
-----------------
[Notarial Seal]
-48-
STATE OF MINNESOTA )
) ss.:
COUNTY OF HENNEPIN )
On the 27th day of June, 2003 before me, a notary public in and
for said State, personally appeared Xxx Xxxxxx, known to me to be an Associate
of Residential Funding Corporation, one of the corporations that executed the
within instrument, and also known to me to be the person who executed it on
behalf of said corporation, and acknowledged to me that such corporation
executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.
Notary Public
------------------
[Notarial Seal]
-49-
STATE OF ILLINOIS )
) ss.:
COUNTY OF COOK )
On the 27th day of June, 2003 before me, a notary public in and
for said State, personally appeared Xxxxx X. Xxxxxxxxxx, known to me to be a
Vice President of Bank One, National Association, a national banking association
that executed the within instrument, and also known to me to be the person who
executed it on behalf of said banking corporation and acknowledged to me that
such banking corporation executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.
Notary Public
-------------------
[Notarial Seal]
-50-
EXHIBIT ONE
MORTGAGE LOAN SCHEDULE
(Available Upon Request)
1
RUN ON : 06/20/03 RFC DISCLOSURE SYSTEM RFFSDFIX-01
AT : 13.35.59 FIXED PASSTHRU REPORT AMORTIZED BALANCE
SERIES : RFMSI 2003-S10 CUTOFF : 06/01/03
POOL : 0004706
:
:
POOL STATUS: F
RFC LOAN NUMBER SUB SERV FEE
PRINCIPAL BALANCE MSTR SERV FEE
CURR NOTE RATE ALL EXP
RFC NET RATE MISC EXP
NET MTG RATE(INVSTR RATE) SPREAD
POST STRIP RATE STRIP
---------------------------------------------------------------------------
7967639 .2500
280,810.48 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
5.5000 1.0450
8014173 .2500
76,531.74 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8332772 .2500
309,895.06 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8333270 .2500
387,366.84 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8353202 .2500
388,801.27 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8358516 .2500
598,744.12 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8359306 .2500
395,133.03 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8359410 .2500
529,914.59 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8359970 .2500
393,194.63 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8360592 .2500
361,201.40 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8361266 .2500
382,110.03 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8361456 .2500
384,598.03 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8361542 .2500
384,607.48 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8362502 .2500
569,904.37 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8363300 .2500
594,393.37 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8364240 .2500
379,621.71 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8364260 .2500
354,646.60 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8364786 .2500
390,420.17 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8365188 .2500
357,635.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8366046 .2500
395,596.26 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8366732 .2500
274,712.88 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8366990 .2500
426,554.18 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8367360 .2500
376,615.63 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8367370 .2500
380,602.22 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8367442 .2500
576,425.59 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8367968 .2500
384,598.03 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8368718 .2500
344,648.25 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8368722 .2500
349,168.38 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8370134 .2500
388,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8370230 .2500
344,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8370316 .2500
118,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8370584 .2500
364,000.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8370614 .2500
344,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8370790 .2500
391,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8370890 .2500
600,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8370918 .2500
395,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8371498 .2500
335,640.79 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8371732 .2500
399,200.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8372392 .2500
370,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8436653 .2500
372,036.75 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8450295 .2500
369,886.43 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8483913 .2500
385,901.04 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8484793 .2500
375,523.02 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8487677 .2500
378,243.51 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8498455 .2500
380,642.68 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8502897 .2500
379,471.42 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8502961 .2500
363,512.17 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8503337 .2500
369,973.80 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8504917 .2500
538,379.21 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8505209 .2500
383,844.43 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8505697 .2500
357,525.14 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8505705 .2500
539,825.52 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8505797 .2500
548,349.18 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8514981 .2500
390,823.42 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8522667 .2500
938,032.47 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8522815 .2500
361,277.46 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8526395 .2500
381,337.34 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8528689 .2500
367,247.78 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8529687 .2500
378,859.45 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8536985 .2500
389,202.81 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8539585 .2500
383,233.55 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8543555 .2500
368,889.45 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8543619 .2500
375,342.77 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8543759 .2500
388,302.82 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8543789 .2500
390,695.51 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8543791 .2500
366,841.81 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8543873 .2500
595,165.04 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8546167 .2500
390,219.57 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8548415 .2500
393,194.63 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8550455 .2500
394,192.59 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8552855 .2500
397,186.46 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8553241 .2500
378,225.29 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8555185 .2500
355,766.93 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8555359 .2500
393,175.31 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8555599 .2500
539,295.38 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8558101 .2500
962,029.51 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8559433 .2500
396,787.28 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8559711 .2500
568,779.31 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8560573 .2500
556,859.41 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8560589 .2500
575,962.14 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8560653 .2500
641,291.09 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8560679 .2500
358,274.18 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8560697 .2500
597,592.82 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8560705 .2500
385,633.41 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8560813 .2500
620,631.59 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8560905 .2500
367,433.47 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
1
8560917 .2500
373,874.43 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8560941 .2500
378,804.04 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8561017 .2500
372,704.65 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8561085 .2500
378,134.15 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8561133 .2500
642,532.78 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8561155 .2500
597,201.18 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8561223 .2500
354,638.24 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8561225 .2500
396,574.73 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8561293 .2500
377,889.24 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8561323 .2500
396,833.57 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8561331 .2500
381,877.54 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8561333 .2500
398,817.93 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8561345 .2500
370,909.74 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8561363 .2500
392,760.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8561379 .2500
388,337.73 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8561397 .2500
526,519.07 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
1
8561423 .2500
354,537.45 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8561443 .2500
369,347.32 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8561477 .2500
368,047.49 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8561501 .2500
349,357.12 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8562543 .2500
394,192.59 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8562971 .2500
379,223.26 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8564669 .2500
586,299.09 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8564683 .2500
390,866.06 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8565073 .2500
375,231.43 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8565199 .2500
384,194.14 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8565397 .2500
879,241.53 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8565435 .2500
380,239.52 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8565613 .2500
389,202.81 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8567115 .2500
527,419.70 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8568995 .2500
388,204.86 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8569355 .2500
389,202.81 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8570563 .2500
393,029.17 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8570633 .2500
393,693.61 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8571473 .2500
374,233.47 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8572029 .2500
393,893.80 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8572411 .2500
636,365.25 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8572429 .2500
632,557.16 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8572433 .2500
598,773.55 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8573245 .2500
378,969.87 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8578747 .2500
393,135.58 .0300
5.5000 .0000
5.2500 .0000
5.2200 .0000
5.2200 .0000
8579935 .2500
531,857.71 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8581415 .2500
396,169.02 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8582113 .2500
595,779.68 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8582169 .2500
378,225.29 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8584489 .2500
371,239.60 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8584553 .2500
364,752.89 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8587979 .2500
130,738.51 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8588111 .2500
374,617.67 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8588699 .2500
373,834.29 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8589723 .2500
374,395.90 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8589983 .2500
361,602.08 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8590221 .2500
381,237.54 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8590579 .2500
371,139.80 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8591585 .2500
592,785.80 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8591699 .2500
598,546.53 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8591735 .2500
381,237.54 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8591747 .2500
356,134.44 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8591751 .2500
390,200.77 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8592391 .2500
387,613.74 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8592433 .2500
389,502.48 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8592529 .2500
398,184.41 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8592663 .2500
998,955.94 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8592829 .2500
389,682.64 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8592931 .2500
393,194.63 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8593705 .2500
599,388.27 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8595791 .2500
643,327.62 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8595835 .2500
399,042.96 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8595885 .2500
394,173.22 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8595915 .2500
359,246.48 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8596827 .2500
649,337.29 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8596925 .2500
375,616.65 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8599413 .2500
249,856.92 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8599415 .2500
383,077.31 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8599643 .2500
357,435.21 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8600181 .2500
394,860.27 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8600431 .2500
394,192.57 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8600771 .2500
384,616.73 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8604339 .2500
396,095.75 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8604475 .2500
355,637.05 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8609853 .2500
355,322.66 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8610935 .2500
598,744.12 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8612001 .2500
398,222.40 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8612881 .2500
384,317.03 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8612945 .2500
387,594.91 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8613879 .2500
387,894.59 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8616621 .2500
393,588.64 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8618719 .2500
359,470.44 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8618921 .2500
569,404.88 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8618953 .2500
645,325.54 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8618965 .2500
398,593.20 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8618991 .2500
999,004.49 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8619657 .2500
370,259.49 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8619955 .2500
367,325.12 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8620061 .2500
379,621.71 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8620919 .2500
347,653.56 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8621047 .2500
394,606.78 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8621403 .2500
389,620.95 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8622453 .2500
394,097.79 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8622769 .2500
363,370.22 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8622929 .2500
391,609.76 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8623117 .2500
386,605.44 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8623155 .2500
646,324.49 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8623339 .2500
599,416.84 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8623403 .2500
581,406.62 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8623857 .2500
372,637.46 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8624047 .2500
599,388.27 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8624057 .2500
354,646.60 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8626921 .2500
384,616.73 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8627785 .2500
393,348.55 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8629061 .2500
341,932.32 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8629403 .2500
349,659.82 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8629713 .2500
390,601.36 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8629899 .2500
119,877.65 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8631123 .2500
387,604.41 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8631391 .2500
376,374.94 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8631399 .2500
395,605.78 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8631401 .2500
362,330.21 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8632019 .2500
387,504.52 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8632703 .2500
361,362.06 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8633691 .2500
395,272.43 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8633709 .2500
386,028.23 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8633717 .2500
398,393.41 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8633731 .2500
370,621.74 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8633755 .2500
359,641.62 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8633765 .2500
393,588.64 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8633773 .2500
379,603.25 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8634771 .2500
356,636.02 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8634795 .2500
369,631.66 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8635015 .2500
354,507.78 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8636385 .2500
549,825.34 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8637723 .2500
379,612.58 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8637865 .2500
951,029.39 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8638335 .2500
396,595.25 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8638437 .2500
374,626.69 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8638819 .2500
568,489.94 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8639013 .2500
554,434.15 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8639095 .2500
399,542.23 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8639523 .2500
397,613.17 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8639561 .2500
649,352.92 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8639583 .2500
529,484.87 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8639849 .2500
504,509.17 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8639907 .2500
364,627.87 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8641869 .2500
253,509.23 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
1
8641907 .2500
359,650.10 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8642213 .2500
998,955.94 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8642251 .2500
395,605.78 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8642749 .2500
378,613.59 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8642751 .2500
368,623.79 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8642757 .2500
362,846.99 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8644545 .2500
625,361.76 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8645747 .2500
979,000.85 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8647303 .2500
393,598.30 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8647313 .2500
649,337.29 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8647317 .2500
379,612.58 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8647321 .2500
526,462.69 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8647351 .2500
388,612.75 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8647357 .2500
392,599.32 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8647359 .2500
387,613.74 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8647367 .2500
389,602.37 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8647373 .2500
395,586.55 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8647375 .2500
388,603.40 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8647401 .2500
569,418.85 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8648455 .2500
636,227.55 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8648471 .2500
399,115.17 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8648475 .2500
567,337.92 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8648479 .2500
382,179.16 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8648511 .2500
537,898.23 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8648529 .2500
532,908.45 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8648743 .2500
350,482.11 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8648749 .2500
398,103.79 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8648869 .2500
561,427.02 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8648907 .2500
589,384.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8649183 .2500
370,621.74 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8651645 .2500
643,327.62 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8651647 .2500
395,605.78 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8651957 .2500
354,638.06 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8651959 .2500
396,595.25 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8651991 .2500
388,013.35 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8652081 .2500
381,002.15 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8652235 .2500
555,533.03 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652307 .2500
542,472.23 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8652309 .2500
604,632.92 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652313 .2500
249,657.11 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8652333 .2500
176,419.94 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652349 .2500
581,234.52 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8652583 .2500
384,616.73 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8652587 .2500
532,908.46 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652589 .2500
499,490.23 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652593 .2500
389,602.37 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652597 .2500
388,203.40 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652603 .2500
498,977.96 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8652611 .2500
371,239.60 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652613 .2500
335,313.18 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652631 .2500
474,051.91 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8652641 .2500
340,286.25 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8652647 .2500
399,082.57 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652649 .2500
472,009.95 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8652655 .2500
454,557.77 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8652657 .2500
389,720.58 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8652677 .2500
439,121.77 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8652679 .2500
386,614.74 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8652687 .2500
484,517.18 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8652731 .2500
474,504.07 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8652739 .2500
447,543.24 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652747 .2500
647,954.31 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8652765 .2500
382,618.72 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8652769 .2500
347,645.20 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8652775 .2500
387,604.41 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652777 .2500
487,014.69 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8652789 .2500
424,566.69 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652791 .2500
469,520.81 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652793 .2500
619,367.89 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652795 .2500
475,514.70 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652939 .2500
389,221.56 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8652947 .2500
523,926.86 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8652969 .2500
501,488.19 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652971 .2500
550,937.72 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8652977 .2500
419,571.79 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8653017 .2500
626,645.06 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8653019 .2500
368,227.65 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8653035 .2500
379,621.71 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8653051 .2500
389,221.56 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8653057 .2500
400,695.12 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8653061 .2500
596,349.15 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8653063 .2500
355,146.10 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8653065 .2500
379,020.11 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8653373 .2500
433,588.21 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8654177 .2500
383,617.73 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8654215 .2500
390,901.05 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8654219 .2500
389,592.81 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8654231 .2500
389,592.81 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8654255 .2500
391,590.72 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8654295 .2500
543,445.36 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8654299 .2500
364,436.84 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8654651 .2500
392,899.01 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8655347 .2500
534,454.54 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8655503 .2500
547,441.29 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8655519 .2500
399,542.23 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8655533 .2500
379,621.71 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8655739 .2500
374,617.67 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8655747 .2500
384,588.41 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8655805 .2500
394,606.78 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8655929 .2500
380,012.17 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8656059 .2500
909,072.22 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8657699 .2500
583,418.62 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8658231 .2500
339,645.02 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8658383 .2500
591,396.43 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8658453 .2500
366,352.07 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8658641 .2500
390,591.77 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8658703 .2500
364,608.94 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8658709 .2500
364,627.87 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8658821 .2500
296,400.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8658841 .2500
253,241.54 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8658895 .2500
293,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8658901 .2500
348,500.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8658929 .2500
216,400.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8659397 .2500
390,020.56 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8661323 .2500
381,601.17 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8661327 .2500
388,593.86 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8661361 .2500
387,604.41 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8661365 .2500
359,641.62 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8661373 .2500
395,596.26 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8661381 .2500
394,616.09 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8661383 .2500
999,004.49 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8661421 .2500
396,585.50 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8661459 .2500
394,587.60 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8661619 .2500
378,613.59 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8661785 .2500
393,598.30 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8662323 .2500
839,143.58 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8662329 .2500
585,802.14 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8662345 .2500
539,462.43 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8662375 .2500
349,667.91 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8662555 .2500
404,596.82 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8662597 .2500
549,452.47 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8663869 .2500
546,455.46 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8663917 .2500
419,591.79 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8664255 .2500
424,523.77 .0300
5.3750 .0000
5.1250 .0000
5.0950 .0000
5.0950 .0000
8664335 .2500
359,632.96 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8666053 .2500
739,227.39 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8666151 .2500
424,566.69 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8666217 .2500
398,612.19 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8666221 .2500
551,936.70 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8666229 .2500
349,634.57 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8666263 .2500
373,219.09 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8666279 .2500
394,597.27 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8666285 .2500
574,413.76 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8666299 .2500
581,620.42 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8666325 .2500
374,626.69 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8666377 .2500
378,123.20 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8666453 .2500
390,610.76 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8666851 .2500
418,562.54 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8667131 .2500
392,099.82 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8667225 .2500
379,603.25 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8667425 .2500
370,930.37 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8667459 .2500
649,321.36 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8667573 .2500
584,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8667639 .2500
238,262.57 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8667651 .2500
268,000.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8667655 .2500
388,200.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8667657 .2500
250,800.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8667659 .2500
423,900.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8667667 .2500
651,500.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8667677 .2500
315,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
1
8667777 .2500
351,649.58 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8668259 .2500
371,620.73 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8668463 .2500
670,815.37 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8669223 .2500
982,972.64 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8669227 .2500
472,018.26 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8669303 .2500
464,537.09 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8669547 .2500
475,514.70 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8672891 .2500
337,655.39 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8672907 .2500
180,828.26 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8673063 .2500
649,337.29 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8673155 .2500
352,123.15 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8673185 .2500
596,549.54 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8673247 .2500
184,800.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8673307 .2500
374,650.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8673349 .2500
236,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8673353 .2500
264,200.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8674417 .2500
387,604.41 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8675435 .2500
441,180.99 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8675451 .2500
500,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8675503 .2500
389,602.38 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8675515 .2500
419,581.89 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8675647 .2500
374,608.48 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8675685 .2500
505,764.01 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8675785 .2500
181,423.49 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8675793 .2500
355,886.79 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8675799 .2500
350,167.43 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8675943 .2500
364,063.02 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8676507 .2500
494,495.33 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8676595 .2500
947,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8676709 .2500
339,677.39 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8676815 .2500
128,868.48 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8676913 .2500
383,109.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8676929 .2500
506,982.59 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8676941 .2500
202,750.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8676959 .2500
315,000.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8677057 .2500
389,494.87 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8677395 .2500
424,556.27 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8678499 .2500
341,359.84 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8678531 .2500
523,776.07 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8679691 .2500
204,800.75 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8679733 .2500
393,298.61 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8679737 .2500
749,235.34 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8679751 .2500
400,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8679761 .2500
378,622.70 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8679767 .2500
355,637.05 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8679779 .2500
415,565.67 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8679793 .2500
435,045.31 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8679817 .2500
649,337.29 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8679821 .2500
444,535.39 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8679885 .2500
360,631.95 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8679899 .2500
399,582.38 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8679905 .2500
344,631.18 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8679935 .2500
435,544.79 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8679949 .2500
499,477.97 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8679951 .2500
399,582.38 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8679993 .2500
401,590.14 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8680007 .2500
409,172.36 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8680015 .2500
394,187.80 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8680033 .2500
487,490.49 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8680035 .2500
337,655.39 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8680045 .2500
418,562.54 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8680075 .2500
359,632.96 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8680111 .2500
399,592.18 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8680117 .2500
389,592.82 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8680119 .2500
483,494.68 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8680127 .2500
389,565.19 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8680133 .2500
379,612.58 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8680149 .2500
434,089.49 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8680153 .2500
419,520.70 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8680171 .2500
649,337.29 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8680435 .2500
349,659.82 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8680457 .2500
388,000.00 .0300
5.5000 .0000
5.2500 .0000
5.2200 .0000
5.2200 .0000
1
8680533 .2500
891,090.56 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8681801 .2500
726,775.77 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8681807 .2500
365,127.36 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8681937 .2500
606,381.14 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8682013 .2500
525,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8682069 .2500
384,616.73 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8682089 .2500
842,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8682183 .2500
736,933.05 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8682299 .2500
394,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8682469 .2500
500,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8682479 .2500
392,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8682537 .2500
145,851.14 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8682697 .2500
447,900.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8682701 .2500
632,400.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8682759 .2500
218,300.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8683011 .2500
399,620.46 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
1
8683169 .2500
456,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8683173 .2500
143,546.79 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8683543 .2500
444,546.30 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8684067 .2500
576,452.52 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8684069 .2500
390,629.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8684343 .2500
338,678.34 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8684411 .2500
541,460.44 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8684539 .2500
399,601.80 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8684705 .2500
646,524.29 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8684897 .2500
175,500.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8685719 .2500
188,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8685753 .2500
370,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8686773 .2500
437,563.97 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8686885 .2500
367,600.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8686971 .2500
268,000.00 .0300
5.3750 .0000
5.1250 .0000
5.0950 .0000
5.0950 .0000
8686989 .2500
521,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8687003 .2500
396,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8687049 .2500
436,065.46 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8687051 .2500
495,200.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8687389 .2500
460,821.69 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8687451 .2500
468,222.14 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8687665 .2500
376,624.69 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8687699 .2500
382,600.12 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8687707 .2500
384,616.73 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8687717 .2500
515,473.91 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8687719 .2500
533,455.56 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8687723 .2500
387,604.41 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8687743 .2500
517,471.87 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8687761 .2500
339,653.35 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8687763 .2500
399,900.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8687769 .2500
399,492.28 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8687781 .2500
486,503.48 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8688571 .2500
211,808.35 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8688635 .2500
137,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8688647 .2500
426,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8688769 .2500
390,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8688789 .2500
322,386.35 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8688793 .2500
368,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8688933 .2500
79,922.24 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8689013 .2500
385,500.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8689049 .2500
385,400.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8689385 .2500
369,622.77 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8689547 .2500
377,614.60 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8692203 .2500
396,095.75 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8692881 .2500
388,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8692983 .2500
522,666.57 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8693431 .2500
419,581.89 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8694333 .2500
76,671.75 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8694833 .2500
216,000.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8694977 .2500
571,200.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8695015 .2500
430,770.74 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8697711 .2500
397,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8697729 .2500
475,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8697791 .2500
164,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8697793 .2500
485,200.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8697803 .2500
275,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8697805 .2500
337,139.19 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8697865 .2500
640,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8697911 .2500
166,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8697935 .2500
378,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8698001 .2500
207,000.00 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8698043 .2500
970,500.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8698085 .2500
469,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8698103 .2500
453,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8698307 .2500
283,800.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8698309 .2500
150,900.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8698329 .2500
278,400.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8698333 .2500
630,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8698337 .2500
304,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8698345 .2500
125,700.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8698381 .2500
230,600.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8698977 .2500
619,367.89 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8698983 .2500
393,607.77 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8698991 .2500
429,571.93 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8698993 .2500
449,552.02 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8698995 .2500
1,098,851.53 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8699025 .2500
401,100.30 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8699035 .2500
375,625.69 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8699039 .2500
419,550.99 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8699069 .2500
449,562.63 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8699091 .2500
439,471.48 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8699103 .2500
353,156.42 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8699115 .2500
353,605.98 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8699127 .2500
454,025.47 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8699131 .2500
399,592.18 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8699137 .2500
344,648.25 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8699763 .2500
527,486.82 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8700117 .2500
200,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8700377 .2500
382,618.72 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8700543 .2500
492,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8700547 .2500
399,587.19 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8700549 .2500
379,621.71 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8700551 .2500
353,247.99 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8700559 .2500
399,501.90 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8700581 .2500
337,300.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8700939 .2500
497,515.98 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8701157 .2500
439,551.40 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8701261 .2500
356,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702213 .2500
595,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702215 .2500
391,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8702225 .2500
153,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702233 .2500
104,250.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702247 .2500
228,100.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702249 .2500
384,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8702251 .2500
196,400.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8702257 .2500
354,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702263 .2500
220,000.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8702331 .2500
160,000.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8702333 .2500
600,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702377 .2500
400,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8702417 .2500
239,400.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702441 .2500
193,500.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8702473 .2500
426,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702707 .2500
340,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702709 .2500
489,999.92 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702715 .2500
236,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8702817 .2500
446,333.52 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8703775 .2500
387,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8704645 .2500
344,680.45 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8704867 .2500
783,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8705613 .2500
318,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8707019 .2500
185,300.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8707033 .2500
459,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8707037 .2500
398,700.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8707059 .2500
336,250.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8707065 .2500
387,700.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8707067 .2500
256,800.00 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8707377 .2500
488,501.44 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8707397 .2500
564,395.98 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8707399 .2500
166,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8707427 .2500
416,400.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8707437 .2500
467,023.36 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8707499 .2500
185,500.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8707611 .2500
154,350.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8707899 .2500
423,068.23 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8708015 .2500
458,509.30 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
1
8708139 .2500
377,115.12 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8708219 .2500
623,660.55 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8708221 .2500
357,144.11 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8708517 .2500
397,594.22 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8708523 .2500
438,313.22 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8708527 .2500
395,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8708529 .2500
399,402.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8708531 .2500
342,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8708537 .2500
397,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8708545 .2500
380,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8712067 .2500
559,800.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8712223 .2500
197,800.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8712381 .2500
384,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8712411 .2500
360,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8712555 .2500
390,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8713241 .2500
397,564.36 .0300
5.5000 .0000
5.2500 .0000
5.2200 .0000
5.2200 .0000
1
8713361 .2500
394,616.09 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8713891 .2500
497,480.06 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8713943 .2500
525,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8714039 .2500
385,360.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8714051 .2500
455,920.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8714055 .2500
410,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8714067 .2500
392,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8714091 .2500
650,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8714249 .2500
356,378.53 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8714499 .2500
450,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8715251 .2500
391,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8715607 .2500
338,800.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8715621 .2500
615,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8715657 .2500
125,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8715807 .2500
86,500.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8716127 .2500
395,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
1
8716179 .2500
360,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8717051 .2500
409,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8717101 .2500
400,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8717517 .2500
289,000.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8717533 .2500
247,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8717817 .2500
584,417.63 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8717819 .2500
386,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8717821 .2500
390,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8717825 .2500
368,641.36 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8717827 .2500
348,153.07 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8717855 .2500
766,500.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8717905 .2500
372,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8718657 .2500
395,750.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8718679 .2500
748,254.37 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8718691 .2500
389,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8718695 .2500
394,200.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8718743 .2500
212,150.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8718755 .2500
380,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8718805 .2500
475,350.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8718817 .2500
243,600.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8718827 .2500
347,700.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8718907 .2500
322,000.00 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8718927 .2500
195,000.00 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8718949 .2500
214,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8719003 .2500
216,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8719065 .2500
998,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8719075 .2500
595,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8719095 .2500
480,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8719177 .2500
357,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8720733 .2500
447,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8721971 .2500
449,450.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8722757 .2500
350,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8723039 .2500
389,611.75 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8723535 .2500
182,250.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8723539 .2500
393,700.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8723549 .2500
320,000.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8723835 .2500
478,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8723855 .2500
380,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8723995 .2500
360,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8723997 .2500
394,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8725181 .2500
610,050.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8725533 .2500
357,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8726691 .2500
390,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8728107 .2500
53,250.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8728187 .2500
306,000.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8728255 .2500
470,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8728301 .2500
198,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8728331 .2500
500,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8728385 .2500
520,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8728509 .2500
363,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8728521 .2500
214,900.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8729915 .2500
580,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8729957 .2500
520,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8730061 .2500
366,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8730075 .2500
595,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8730105 .2500
650,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8730121 .2500
399,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8730153 .2500
399,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8730155 .2500
394,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8730179 .2500
375,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8730241 .2500
500,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8730287 .2500
568,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8730307 .2500
366,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8730323 .2500
511,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8730353 .2500
454,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8730417 .2500
471,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8730803 .2500
421,600.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8731137 .2500
386,600.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8731433 .2500
388,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8731491 .2500
237,600.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8731565 .2500
390,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8731701 .2500
358,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8731723 .2500
392,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8731959 .2500
475,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8732053 .2500
387,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8733665 .2500
357,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8736825 .2500
399,600.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8737035 .2500
336,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8737707 .2500
371,600.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8737723 .2500
400,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8737785 .2500
770,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8738319 .2500
343,900.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8738781 .2500
380,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8738947 .2500
646,695.73 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8738949 .2500
484,168.49 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8738951 .2500
618,094.36 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8738953 .2500
551,450.48 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8738961 .2500
997,069.27 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8738965 .2500
417,233.22 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8738967 .2500
628,035.80 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8738969 .2500
373,853.51 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8738975 .2500
503,896.43 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8738979 .2500
384,872.27 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8738987 .2500
429,238.33 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8738991 .2500
392,456.44 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8738995 .2500
400,373.17 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8739015 .2500
843,392.29 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739017 .2500
358,020.72 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8739019 .2500
454,884.83 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739023 .2500
602,902.47 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739025 .2500
400,675.63 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739029 .2500
400,280.12 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739031 .2500
572,677.82 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739033 .2500
339,027.12 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
1
8739037 .2500
343,015.69 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739051 .2500
392,795.45 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739055 .2500
465,726.60 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8739067 .2500
768,729.92 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739069 .2500
393,489.09 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739071 .2500
463,238.38 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739089 .2500
462,552.57 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739093 .2500
354,324.56 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
1
8739097 .2500
387,144.05 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739137 .2500
392,676.33 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8739139 .2500
447,114.40 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739147 .2500
444,689.16 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739155 .2500
639,339.52 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739161 .2500
649,368.24 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739163 .2500
339,702.43 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739165 .2500
451,550.03 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8739169 .2500
406,085.55 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739171 .2500
436,756.86 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8739219 .2500
649,321.36 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8739223 .2500
414,586.87 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739225 .2500
382,896.86 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8739233 .2500
359,298.41 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739235 .2500
388,113.25 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739249 .2500
348,425.00 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
1
8739267 .2500
670,626.39 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739271 .2500
412,269.11 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8739275 .2500
411,157.83 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739277 .2500
435,108.79 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739295 .2500
489,450.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739297 .2500
453,518.31 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739311 .2500
418,392.76 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739313 .2500
339,661.53 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8739315 .2500
447,574.91 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739317 .2500
463,238.38 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739321 .2500
348,951.28 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8739327 .2500
479,801.49 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8739333 .2500
477,231.47 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739337 .2500
499,025.56 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739341 .2500
499,514.02 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739345 .2500
349,969.73 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
1
8739349 .2500
341,593.62 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8739351 .2500
437,890.68 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739353 .2500
402,787.39 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739355 .2500
796,939.90 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739357 .2500
522,483.06 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739359 .2500
446,784.40 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739375 .2500
498,499.24 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739379 .2500
403,813.04 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8739381 .2500
515,448.23 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739383 .2500
367,969.21 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8739387 .2500
426,071.26 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739393 .2500
518,962.07 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739395 .2500
367,537.31 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739399 .2500
338,323.35 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739403 .2500
404,571.33 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739413 .2500
381,255.13 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
1
8739417 .2500
347,504.99 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739429 .2500
432,358.74 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739433 .2500
329,064.16 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739439 .2500
413,153.74 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739451 .2500
468,562.88 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739457 .2500
415,595.67 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739493 .2500
403,194.54 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8739495 .2500
467,396.53 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
5.5000 .7950
1
8739497 .2500
357,628.40 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8739499 .2500
340,574.27 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739505 .2500
528,664.19 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739509 .2500
646,706.59 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739513 .2500
327,854.99 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739515 .2500
435,303.14 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739517 .2500
472,667.95 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739519 .2500
368,956.64 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
1
8739525 .2500
640,071.67 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739531 .2500
412,967.76 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739533 .2500
403,699.19 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
5.5000 .6700
8739537 .2500
454,213.54 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739539 .2500
363,435.33 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739541 .2500
473,525.00 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
8739547 .2500
651,655.62 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739549 .2500
355,005.55 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
5.5000 .5450
1
8739551 .2500
459,449.52 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739573 .2500
330,156.67 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739579 .2500
477,871.70 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8739585 .2500
473,828.56 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739589 .2500
405,083.27 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8739601 .2500
406,575.63 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739619 .2500
367,233.73 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739621 .2500
497,405.20 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8739627 .2500
362,292.56 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739635 .2500
402,156.47 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8739637 .2500
354,221.98 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8739639 .2500
469,039.28 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739643 .2500
332,335.34 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739649 .2500
647,759.11 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739651 .2500
329,663.55 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739653 .2500
372,954.08 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8739655 .2500
456,777.45 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739659 .2500
445,902.79 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739663 .2500
331,831.04 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739665 .2500
329,671.48 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739667 .2500
402,156.47 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8739677 .2500
377,245.50 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8739695 .2500
415,129.26 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8739697 .2500
472,529.13 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8739913 .2500
336,200.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8739959 .2500
130,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8740227 .2500
248,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8740501 .2500
111,000.00 .0300
5.5000 .0000
5.2500 .0000
5.2200 .0000
5.2200 .0000
8740857 .2500
437,353.65 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8740941 .2500
670,750.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8741841 .2500
419,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8742511 .2500
728,900.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
1
8742565 .2500
396,300.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8742793 .2500
368,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8742927 .2500
387,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8742935 .2500
333,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8743021 .2500
399,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8743459 .2500
920,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8744103 .2500
454,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8744267 .2500
403,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8744935 .2500
536,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8745111 .2500
60,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8745261 .2500
175,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8745421 .2500
90,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8745661 .2500
399,900.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8745851 .2500
217,761.39 .0300
5.5000 .0000
5.2500 .0000
5.2200 .0000
5.2200 .0000
8745963 .2500
390,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8746047 .2500
715,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8746055 .2500
206,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8746139 .2500
403,200.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8746211 .2500
387,800.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8746243 .2500
378,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8746257 .2500
392,300.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8746285 .2500
242,600.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8746441 .2500
445,300.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8746451 .2500
444,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8746461 .2500
362,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8746507 .2500
177,500.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8746517 .2500
271,200.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8746553 .2500
308,300.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8746933 .2500
381,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8746987 .2500
623,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8747011 .2500
429,529.34 .0300
5.5000 .0000
5.2500 .0000
5.2200 .0000
5.2200 .0000
8747097 .2500
467,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8747685 .2500
649,321.35 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8747719 .2500
370,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8747727 .2500
378,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8747731 .2500
336,750.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8747825 .2500
386,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8747835 .2500
420,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8747843 .2500
520,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8747893 .2500
437,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8747907 .2500
381,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8748525 .2500
399,999.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8748601 .2500
455,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8748619 .2500
355,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8749021 .2500
124,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8749119 .2500
399,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8749281 .2500
112,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8749439 .2500
195,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8749815 .2500
420,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8752061 .2500
314,300.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8752421 .2500
410,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8752899 .2500
400,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8753169 .2500
240,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8753267 .2500
348,500.00 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8753461 .2500
229,600.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8753727 .2500
429,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8753751 .2500
538,450.46 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8754549 .2500
300,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8754735 .2500
150,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8754827 .2500
290,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8755337 .2500
333,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8755369 .2500
320,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8755813 .2500
649,950.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8755837 .2500
420,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8756863 .2500
131,049.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8756893 .2500
345,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8758109 .2500
399,999.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8758345 .2500
379,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8758423 .2500
380,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8758903 .2500
322,700.00 .0800
5.9900 .0000
5.7400 .0000
5.6600 .0000
5.5000 .1600
8761975 .2500
650,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8762073 .2500
407,200.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8762351 .2500
203,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8763231 .2500
390,400.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8765469 .2500
416,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8765833 .2500
361,250.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8766189 .2500
370,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8766243 .2500
214,500.00 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8766891 .2500
150,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8767101 .2500
648,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8767241 .2500
182,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8767361 .2500
385,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8767403 .2500
399,900.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8768319 .2500
411,650.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8768575 .2500
350,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8769145 .2500
352,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8769147 .2500
510,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8769149 .2500
350,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8769469 .2500
197,500.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8770061 .2500
407,900.00 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8770669 .2500
395,300.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8770675 .2500
378,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8770741 .2500
312,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8771037 .2500
468,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8772323 .2500
308,218.70 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8772421 .2500
480,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
1
8773561 .2500
415,200.00 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.5000 .2950
8777255 .2500
455,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8777347 .2500
875,000.00 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.5000 .4200
8777937 .2500
301,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8778343 .2500
365,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8780407 .2500
340,500.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8780427 .2500
377,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8786617 .2500
199,900.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
1
8787453 .2500
423,500.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8787497 .2500
400,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8787501 .2500
501,500.00 .0300
5.6250 .0000
5.3750 .0000
5.3450 .0000
5.3450 .0000
8790325 .2500
500,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8790653 .2500
388,500.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8790659 .2500
380,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8790673 .2500
390,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
8790677 .2500
500,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
1
8790681 .2500
400,000.00 .0800
5.8750 .0000
5.6250 .0000
5.5450 .0000
5.5000 .0450
8790687 .2500
392,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8790691 .2500
399,000.00 .0300
5.7500 .0000
5.5000 .0000
5.4700 .0000
5.4700 .0000
8791649 .2500
488,000.00 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.5000 .1700
TOTAL NUMBER OF LOANS: 978
TOTAL BALANCE........: 410,977,069.16
1
RUN ON : 06/20/03 RFC DISCLOSURE SYSTEM RFFSDFIX-01
AT : 13.35.59 INITIAL SECURITY FEES AMORTIZED BALANCE
SERIES : RFMSI 2003-S10 FIXED SUMMARY REPORT CUTOFF : 06/01/03
POOL : 0004706
:
:
POOL STATUS: F
WEIGHTED AVERAGES FROM TO
----------------------------------------------------------------------------
CURR NOTE RATE 5.9351 5.3750 6.8750
RFC NET RATE 5.6851 5.1250 6.6250
NET MTG RATE(INVSTR RATE) 5.6148 5.0950 6.5450
POST STRIP RATE 5.4897 5.0950 5.5000
SUB SERV FEE .2500 .2500 .2500
MSTR SERV FEE .0703 .0300 .0800
ALL EXP .0000 .0000 .0000
MISC EXP .0000 .0000 .0000
SPREAD .0000 .0000 .0000
STRIP .1251 .0000 1.0450
TOTAL NUMBER OF LOANS: 978
TOTAL BALANCE........: 410,977,069.16
***************************
* END OF REPORT *
***************************
1
RUN ON : 06/20/03 RFC DISCLOSURE SYSTEM RFFSD177-01
AT : 13.35.59 FIXED RATE LOAN LISTING AMORTIZED BALANCE
SERIES : RFMSI 2003-S10 CUTOFF : 06/01/03
POOL : 0004706
:
:
POOL STATUS: F
RFC LOAN # S/S CODE PMT TYPE ORIGINAL BAL LOAN FEATURE
ORIG TERM PRINCIPAL BAL # OF UNITS
ORIG RATE ORIGINAL P+I LTV
CURR NET CURRENT P+I
CITY STATE ZIP LOAN PURP NOTE DATE MI CO CODE
SERVICER LOAN # PROP TYPE 1ST PMT DATE MI CVG
SELLER LOAN # OCCP CODE MATURITY DATE
INVESTOR LOAN #
______________________________________________________________________________
7967639 E82/G01 F 283,000.00 ZZ
360 280,810.48 1
6.875 1,859.11 85
6.625 1,859.11
WEST HOLLYWOOD CA 90069 2 08/15/02 04
0400668596 01 10/01/02 12
4915657 O 09/01/32
0
8014173 624/G01 F 78,000.00 ZZ
360 76,531.74 1
6.500 493.01 83
6.250 493.01
HANFORD CA 93230 2 08/21/02 11
0434566436 05 10/01/02 12
1000008316 O 09/01/32
0
8332772 E23/G01 F 312,000.00 ZZ
360 309,895.06 1
6.250 1,921.04 80
6.000 1,921.04
ROHNERT PARK CA 94928 2 10/16/02 00
0434821740 05 12/01/02 0
62003706 O 11/01/32
0
8333270 E23/G01 F 390,000.00 ZZ
360 387,366.84 1
6.250 2,401.30 68
6.000 2,401.30
PETALUMA CA 94952 1 10/01/02 00
0435722038 05 12/01/02 0
1
62003585 O 11/01/32
0
8353202 E23/G01 F 390,000.00 ZZ
360 388,801.27 1
5.875 2,307.00 70
5.625 2,307.00
CORONA CA 92883 2 02/25/03 00
0435568993 03 04/01/03 0
51025522 O 03/01/33
0
8358516 420/G01 F 600,000.00 ZZ
360 598,744.12 1
5.750 3,501.44 75
5.500 3,501.44
SANTA ROSA CA 95404 2 03/18/03 00
0435586466 05 05/01/03 0
95300023 O 04/01/33
0
8359306 E23/G01 F 396,000.00 ZZ
360 395,133.03 1
5.875 2,342.49 64
5.625 2,342.49
MORGAN HILL CA 95037 2 03/24/03 00
0435603543 05 05/01/03 0
63001121 O 04/01/33
0
8359410 E23/G01 F 531,000.00 ZZ
360 529,914.59 1
5.875 3,141.07 80
5.625 3,141.07
SANTA CLARITA CA 91350 2 03/01/03 00
0435603790 03 05/01/03 0
51025224 O 04/01/33
0
8359970 E23/G01 F 394,000.00 ZZ
360 393,194.63 1
5.875 2,330.66 74
5.625 2,330.66
PETALUMA CA 94952 2 03/26/03 00
0435599501 05 05/01/03 0
62006682 O 04/01/33
0
1
8360592 E23/G01 F 362,000.00 ZZ
360 361,201.40 1
5.875 2,141.37 71
5.625 2,141.37
SANTA ROSA CA 95403 2 03/26/03 00
0435624747 05 05/01/03 0
62007012 O 04/01/33
0
8361266 E23/G01 F 382,500.00 ZZ
360 382,110.03 1
5.875 2,262.63 36
5.625 2,262.63
GILROY CA 95020 2 04/01/03 00
0435651971 05 06/01/03 0
63001205 O 05/01/33
0
8361456 E23/G01 F 385,000.00 ZZ
360 384,598.03 1
5.750 2,246.76 75
5.500 2,246.76
ROHNERT PARK CA 94928 5 04/02/03 00
0435672324 05 06/01/03 0
62006854 O 05/01/33
0
8361542 E23/G01 F 385,000.00 ZZ
360 384,607.48 1
5.875 2,277.42 72
5.625 2,277.42
MISSION VIEJO CA 92692 5 04/01/03 00
0435627922 03 06/01/03 0
51025427 O 05/01/33
0
8362502 E23/G01 F 570,500.00 ZZ
360 569,904.37 1
5.750 3,329.28 61
5.500 3,329.28
SAN DIEGO CA 92103 2 04/03/03 00
0435668587 05 06/01/03 0
62007127 O 05/01/33
0
8363300 E23/G01 F 595,000.00 ZZ
360 594,393.37 1
5.875 3,519.65 80
5.625 3,519.65
1
MORGAN HILL CA 95037 2 04/03/03 00
0435702972 03 06/01/03 0
63001278 O 05/01/33
0
8364240 N47/G01 F 380,000.00 ZZ
360 379,621.71 1
6.000 2,278.29 80
5.750 2,278.29
CHULA VISTA CA 91911 2 04/11/03 00
0435785217 05 06/01/03 0
30503269 O 05/01/33
0
8364260 E23/G01 F 355,000.00 ZZ
360 354,646.60 1
6.000 2,128.40 57
5.750 2,128.40
SANTA CRUZ CA 95060 2 04/16/03 00
0435732805 05 06/01/03 0
63001514 O 05/01/33
0
8364786 E23/G01 F 390,800.00 ZZ
360 390,420.17 1
6.125 2,374.54 80
5.875 2,374.54
IRVINE CA 92620 1 04/21/03 00
0435773973 03 06/01/03 0
51028894 O 05/01/33
0
8365188 E23/G01 F 358,000.00 ZZ
360 357,635.00 1
5.875 2,117.71 56
5.625 2,117.71
PETALUMA CA 94952 5 04/11/03 00
0435752175 03 06/01/03 0
61010973 O 05/01/33
0
8366046 E23/G01 F 396,000.00 ZZ
360 395,596.26 1
5.875 2,342.49 80
5.625 2,342.49
LA MESA CA 91941 1 04/29/03 00
0435769955 05 06/01/03 0
11019675 O 05/01/33
0
1
8366732 N16/G01 F 275,000.00 ZZ
360 274,712.88 1
5.750 1,604.83 42
5.500 1,604.83
RANCHO SANTA MA CA 92688 2 04/30/03 00
0435783899 05 06/09/03 0
N16 O 05/09/33
0
8366990 N16/G01 F 427,000.00 ZZ
360 426,554.18 1
5.750 2,491.86 53
5.500 2,491.86
VENTURA CA 93001 2 04/29/03 00
0435808076 05 06/08/03 0
548631181 O 05/08/33
0
8367360 E23/G01 F 377,000.00 ZZ
360 376,615.63 1
5.875 2,230.10 50
5.625 2,230.10
CARMEL VALLEY CA 93924 2 04/21/03 00
0435777727 05 06/01/03 0
63001435 O 05/01/33
0
8367370 E23/G01 F 381,000.00 ZZ
360 380,602.22 1
5.750 2,223.41 48
5.500 2,223.41
LA JOLLA CA 92037 2 04/24/03 00
0435782859 05 06/01/03 0
11019259 O 05/01/33
0
8367442 E23/G01 F 577,000.00 ZZ
360 576,425.59 1
6.000 3,459.41 77
5.750 3,459.41
RAMONA CA 92065 2 04/30/03 00
0435779194 05 06/01/03 0
11019097 O 05/01/33
0
8367968 N16/G01 F 385,000.00 ZZ
360 384,598.03 1
1
5.750 2,246.76 45
5.500 2,246.76
JACKSON WY 83001 2 04/25/03 00
0435872981 05 06/04/03 0
520603647 O 05/04/33
0
8368718 E23/G01 F 345,000.00 ZZ
360 344,648.25 1
5.875 2,040.81 47
5.625 2,040.81
CARMICHAEL CA 95608 2 04/14/03 00
0435817598 03 06/01/03 0
64001140 O 05/01/33
0
8368722 E23/G01 F 349,500.00 ZZ
360 349,168.38 1
6.250 2,151.93 80
6.000 2,151.93
CHINO HILLS CA 91709 2 04/29/03 00
0435811963 03 06/01/03 0
51029056 O 05/01/33
0
8370134 E23/G01 F 388,000.00 ZZ
360 388,000.00 1
5.750 2,264.26 80
5.500 2,264.26
EL CAJON CA 92019 1 05/01/03 00
0435901442 05 07/01/03 0
11019031 O 06/01/33
0
8370230 E23/G01 F 344,000.00 ZZ
360 344,000.00 1
5.875 2,034.89 73
5.625 2,034.89
COTATI CA 94931 5 05/03/03 00
0435874268 05 07/01/03 0
62007619 O 06/01/33
0
8370316 E23/G01 F 118,000.00 ZZ
360 118,000.00 1
5.750 688.62 37
5.500 688.62
SEASIDE CA 93955 2 05/05/03 00
0435879978 05 07/01/03 0
1
63001537 O 06/01/33
0
8370584 E23/G01 F 364,000.00 ZZ
360 364,000.00 1
6.125 2,211.70 31
5.875 2,211.70
SAN XXXXXX CA 95046 5 05/07/03 00
0435882022 05 07/01/03 0
61009697 O 06/01/33
0
8370614 E23/G01 F 344,000.00 ZZ
360 344,000.00 1
5.875 2,034.89 80
5.625 2,034.89
WINDSOR CA 95492 1 05/09/03 00
0435882949 05 07/01/03 0
62007904 O 06/01/33
0
8370790 E23/G01 F 391,000.00 ZZ
360 391,000.00 1
5.875 2,312.91 38
5.625 2,312.91
RANCHO SANTA FE CA 92067 2 05/14/03 00
0435884275 03 07/01/03 0
11020052 O 06/01/33
0
8370890 H22/G01 F 600,000.00 ZZ
240 600,000.00 1
5.875 4,255.43 71
5.625 4,255.43
XXXXXX NY 11423 1 05/23/03 00
0435932041 05 07/01/03 0
0210011 O 06/01/23
0
8370918 E23/G01 F 395,000.00 ZZ
360 395,000.00 1
5.750 2,305.11 52
5.500 2,305.11
ESCONDIDO CA 92025 2 05/20/03 00
0435892484 05 07/01/03 0
11019319 O 06/01/33
0
1
8371498 111/111 F 336,000.00 ZZ
360 335,640.79 1
5.625 1,934.21 80
5.375 1,934.21
GARDENA CA 90249 2 04/23/03 00
682001170159 01 06/01/03 0
682001170159 O 05/01/33
0
8371732 E23/G01 F 399,200.00 ZZ
360 399,200.00 1
5.750 2,329.62 80
5.500 2,329.62
SAN DIEGO CA 92117 1 05/22/03 00
0435896303 05 07/01/03 0
11020111 O 06/01/33
0
8372392 E23/G01 F 370,000.00 ZZ
360 370,000.00 1
5.875 2,188.69 61
5.625 2,188.69
EL CAJON CA 92019 5 05/13/03 00
0435913595 05 07/01/03 0
11020155 O 06/01/33
0
8436653 F28/G01 F 373,500.00 ZZ
360 372,036.75 1
6.125 2,269.43 42
5.875 2,269.43
CHICAGO IL 60653 2 01/20/03 00
0435357256 05 03/01/03 0
4261589 O 02/01/33
0
8450295 W93/G01 F 371,000.00 ZZ
360 369,886.43 1
6.000 2,224.34 69
5.750 2,224.34
SAN DIEGO CA 92129 2 02/03/03 00
0435419452 05 04/01/03 0
28425638 O 03/01/33
0
8483913 E22/G01 F 388,000.00 ZZ
360 385,901.04 1
5.875 2,295.17 80
5.625 2,295.17
1
CARMICHAEL CA 95608 1 02/22/03 00
0416261196 05 04/01/03 0
0416261196 O 03/01/33
0
8484793 313/G01 F 377,000.00 ZZ
360 375,523.02 1
6.125 2,290.70 70
5.875 2,290.70
MEDWAY MA 02053 2 01/24/03 00
0435479068 05 03/01/03 0
9234337 O 02/01/33
0
8487677 E82/G01 F 379,000.00 ZZ
360 378,243.51 1
6.000 2,272.30 69
5.750 2,272.30
MISSION VIEJO CA 92692 2 02/26/03 00
0400785788 03 05/01/03 0
8487677 O 04/01/33
0
8498455 964/G01 F 382,000.00 ZZ
360 380,642.68 1
6.000 2,290.28 54
5.750 2,290.28
FREMONT CA 94539 2 02/05/03 00
0435500210 05 04/01/03 0
342037 O 03/01/33
0
8502897 956/956 F 381,000.00 ZZ
360 379,471.42 1
6.000 2,284.29 64
5.750 2,284.29
PLEASANTON CA 94588 5 01/12/03 00
312120223 03 03/01/03 0
312120223 O 02/01/33
0
8502961 956/956 F 365,000.00 ZZ
360 363,512.17 1
6.000 2,188.36 73
5.750 2,188.36
ESCONDIDO CA 92025 2 01/17/03 00
613010009 05 03/01/03 0
613010009 O 02/01/33
0
1
8503337 956/956 F 371,500.00 ZZ
360 369,973.80 1
5.875 2,197.56 68
5.625 2,197.56
SCOTTS VALLEY CA 95066 5 01/23/03 00
1812120168 05 03/01/03 0
1812120168 O 02/01/33
0
8504917 956/956 F 540,000.00 ZZ
360 538,379.21 1
6.000 3,237.57 45
5.750 3,237.57
PLEASANTON CA 94566 2 02/11/03 00
713010316 03 04/01/03 0
713010316 O 03/01/33
0
8505209 956/956 F 385,000.00 ZZ
360 383,844.43 1
6.000 2,308.27 67
5.750 2,308.27
RANCHO PALOS VE CA 90275 5 02/04/03 00
1513010006 05 04/01/03 0
1513010006 O 03/01/33
0
8505697 956/956 F 359,000.00 ZZ
360 357,525.14 1
5.875 2,123.62 72
5.625 2,123.62
HAYMARKET VA 20169 2 01/31/03 00
4313010544 03 03/01/03 0
4313010544 O 02/01/33
0
8505705 956/956 F 542,000.00 ZZ
360 539,825.52 1
6.000 3,249.56 80
5.750 3,249.56
LONG BEACH CA 90803 1 01/21/03 00
4513010007 05 03/01/03 0
4513010007 O 02/01/33
0
8505797 956/956 F 550,000.00 ZZ
360 548,349.18 1
1
6.000 3,297.53 40
5.750 3,297.53
ENCINITAS CA 92024 2 02/12/03 00
113010220 05 04/01/03 0
113010220 O 03/01/33
0
8514981 964/G01 F 392,000.00 ZZ
360 390,823.42 1
6.000 2,350.24 80
5.750 2,350.24
FRESNO CA 93720 1 02/25/03 00
0435554761 05 04/01/03 0
345473 O 03/01/33
0
8522667 E22/G01 F 940,000.00 ZZ
360 938,032.47 1
5.750 5,485.58 46
5.500 5,485.58
SAN JOSE CA 95120 1 03/07/03 00
0416469617 05 05/01/03 0
0416469617 O 04/01/33
0
8522815 E82/G01 F 362,000.00 ZZ
360 361,277.46 1
6.000 2,170.37 69
5.750 2,170.37
TOPANGA CA 90290 2 03/07/03 00
0400796611 05 05/01/03 0
0400796611 O 04/01/33
0
8526395 E82/G01 F 382,100.00 ZZ
360 381,337.34 1
6.000 2,290.88 77
5.750 2,290.88
FOLSOM CA 95630 2 03/08/03 00
0400761409 05 05/01/03 0
0400761409 O 04/01/33
0
8528689 964/G01 F 368,000.00 ZZ
360 367,247.78 1
5.875 2,176.86 80
5.625 2,176.86
EL CERRITO CA 94530 1 03/10/03 00
0435543103 05 05/01/03 0
1
364621 O 04/01/33
0
8529687 624/G01 F 380,000.00 ZZ
360 378,859.45 1
6.000 2,278.29 80
5.750 2,278.29
SCOTTS VALLEY CA 95066 1 02/10/03 00
0435521372 05 04/01/03 0
1000023400 O 03/01/33
0
8536985 Q59/G01 F 390,000.00 ZZ
360 389,202.81 1
5.875 2,307.00 73
5.625 2,307.00
IRVINE CA 92614 1 03/11/03 00
0435553268 05 05/01/03 0
0000501719 O 04/01/33
0
8539585 E22/G01 F 384,000.00 ZZ
360 383,233.55 1
6.000 2,302.27 53
5.750 2,302.27
SAN ANSELMO CA 94960 2 03/06/03 00
0416208221 05 05/01/03 0
0416208221 O 04/01/33
0
8543555 956/956 F 370,000.00 ZZ
360 368,889.45 1
6.000 2,218.34 72
5.750 2,218.34
PASADENA CA 91106 1 02/24/03 00
813020047 05 04/01/03 0
813020047 O 03/01/33
0
8543619 956/956 F 376,500.00 ZZ
360 375,342.77 1
5.875 2,227.14 54
5.625 2,227.14
TORRANCE CA 90505 2 02/21/03 00
1113020718 05 04/01/03 0
1113020718 O 03/01/33
0
1
8543759 956/956 F 389,500.00 ZZ
360 388,302.82 1
5.875 2,304.04 68
5.625 2,304.04
SAN MATEO CA 94401 5 02/11/03 00
213010021 05 04/01/03 0
213010021 O 03/01/33
0
8543789 956/956 F 394,000.00 ZZ
360 390,695.51 1
5.875 2,330.66 72
5.625 2,330.66
LAGUNA NIGUEL CA 92677 2 02/26/03 00
1913020020 03 04/01/03 0
1913020020 O 03/01/33
0
8543791 956/956 F 368,000.00 ZZ
360 366,841.81 1
5.750 2,147.55 87
5.500 2,147.55
SANDY UT 84092 2 02/25/03 01
2213010188 05 04/01/03 25
2213010188 O 03/01/33
0
8543873 956/956 F 597,000.00 ZZ
360 595,165.04 1
5.875 3,531.48 69
5.625 3,531.48
SAN CARLOS CA 94070 2 02/14/03 00
113010120 05 04/01/03 0
113010120 O 03/01/33
0
8546167 B98/G01 F 391,000.00 ZZ
360 390,219.57 1
6.000 2,344.24 80
5.750 2,344.24
SAN FRANCISCO CA 94122 1 03/12/03 00
0435552765 05 05/01/03 0
S302509BL O 04/01/33
0
8548415 E22/G01 F 394,000.00 ZZ
360 393,194.63 1
5.875 2,330.66 59
5.625 2,330.66
1
CASTRO VALLEY CA 94552 1 03/18/03 00
0416002889 03 05/01/03 0
0416002889 O 04/01/33
0
8550455 975/G01 F 395,000.00 ZZ
360 394,192.59 1
5.875 2,336.57 67
5.625 2,336.57
PLACENTIA CA 92870 2 03/03/03 00
0435559786 03 05/01/03 0
2030426 O 04/01/33
0
8552855 975/G01 F 398,000.00 ZZ
360 397,186.46 1
5.875 2,354.32 71
5.625 2,354.32
SAN DIEGO CA 92129 2 03/05/03 00
0435566724 03 05/01/03 0
2031144 O 04/01/33
0
8553241 964/G01 F 379,000.00 ZZ
360 378,225.29 1
5.875 2,241.93 70
5.625 2,241.93
SAN RAMON CA 94583 2 03/14/03 00
0435575766 03 05/01/03 0
358159 O 04/01/33
0
8555185 E22/G01 F 357,000.00 ZZ
360 355,766.93 1
6.000 2,140.40 45
5.750 2,140.40
BURLINGAME CA 94010 2 03/17/03 00
0416169811 05 05/01/03 0
0416169811 O 04/01/33
0
8555359 E22/G01 F 394,000.00 ZZ
360 393,175.31 1
5.750 2,299.28 52
5.500 2,299.28
BERKELEY CA 94708 5 03/14/03 00
0416424018 05 05/01/03 0
0416424018 O 04/01/33
0
1
8555599 E22/G01 F 540,400.00 ZZ
360 539,295.38 1
5.875 3,196.67 70
5.625 3,196.67
XXXXXX BUTTE OR 97753 1 03/17/03 00
0416259083 05 05/01/03 0
0416259083 O 04/01/33
0
8558101 E22/G01 F 964,000.00 ZZ
360 962,029.51 1
5.875 5,702.42 56
5.625 5,702.42
LOS GATOS CA 95032 2 03/19/03 00
0416349454 03 05/01/03 0
0416349454 O 04/01/33
0
8559433 975/G01 F 397,600.00 ZZ
360 396,787.28 1
5.875 2,351.95 80
5.625 2,351.95
LOS ANGELES CA 90019 1 03/18/03 00
0435577580 05 05/01/03 0
2030736 O 04/01/33
0
8559711 M40/G01 F 570,000.00 ZZ
360 568,779.31 1
6.000 3,417.44 75
5.750 3,417.44
NEWPORT BEACH CA 92625 2 03/18/03 00
0435571807 01 05/01/03 0
103071 O 04/01/33
0
8560573 477/G01 F 558,000.00 ZZ
360 556,859.41 1
5.875 3,300.78 46
5.625 3,300.78
SARATOGA CA 95070 2 03/04/03 00
0435573787 05 05/01/03 0
228371 O 04/01/33
0
8560589 025/G01 F 578,000.00 ZZ
360 575,962.14 1
1
6.000 3,465.40 62
5.750 3,465.40
OAKLAND CA 94611 2 02/04/03 00
0435673140 05 04/01/03 0
0132086612 O 03/01/33
0
8560653 025/G01 F 644,000.00 ZZ
360 641,291.09 1
5.750 3,758.21 80
5.500 3,758.21
T/O CANANDAIGUA NY 14424 2 01/16/03 00
0435836606 05 03/01/03 0
0140377284 O 02/01/33
0
8560679 025/G01 F 360,000.00 ZZ
360 358,274.18 1
6.250 2,216.58 50
6.000 2,216.58
WALNUT CREEK CA 94595 5 12/20/02 00
0435631759 05 02/01/03 0
0140737347 O 01/01/33
0
8560697 025/G01 F 600,000.00 ZZ
360 597,592.82 1
6.000 3,597.30 58
5.750 3,597.30
TULSA OK 74105 2 01/27/03 00
0435666466 05 03/01/03 0
0131528176 O 02/01/33
0
8560705 025/G01 F 388,000.00 ZZ
360 385,633.41 1
6.250 2,388.99 80
6.000 2,388.99
WAKE FOREST NC 27587 2 12/20/02 00
0435645346 05 02/01/03 0
0131838989 O 01/01/33
0
8560813 025/G01 F 622,500.00 ZZ
360 620,631.59 1
6.000 3,732.20 74
5.750 3,732.20
LINCOLN NE 68526 2 02/06/03 00
0435669908 05 04/01/03 0
1
0141130740 O 03/01/33
0
8560905 025/G01 F 370,000.00 ZZ
360 367,433.47 1
6.250 2,278.15 75
6.000 2,278.15
BROOKFIELD WI 53005 5 02/11/03 00
0435656566 05 04/01/03 0
0141135004 O 03/01/33
0
8560917 025/G01 F 375,000.00 ZZ
360 373,874.43 1
6.000 2,248.32 73
5.750 2,248.32
SEATTLE WA 98199 5 02/03/03 00
0435644919 05 04/01/03 0
0141203570 O 03/01/33
0
8560941 025/G01 F 380,000.00 ZZ
360 378,804.04 1
5.750 2,217.58 74
5.500 2,217.58
EL SEGUNDO CA 90245 5 02/10/03 00
0435632039 05 04/01/03 0
0141259606 O 03/01/33
0
8561017 025/G01 F 374,500.00 ZZ
360 372,704.65 1
6.250 2,305.87 70
6.000 2,305.87
BONITA CA 91902 2 12/12/02 00
0435643044 05 02/01/03 0
0131936312 O 01/01/33
0
8561085 025/G01 F 379,300.00 ZZ
360 378,134.15 1
5.875 2,243.71 79
5.625 2,243.71
MOUNTAIN VIEW CA 94043 2 02/20/03 00
0435638069 01 04/01/03 0
0141034009 O 03/01/33
0
1
8561133 025/G01 F 645,000.00 ZZ
360 642,532.78 1
6.250 3,971.38 70
6.000 3,971.38
SAN DIEGO CA 92130 2 01/15/03 00
0435643879 03 03/01/03 0
0132010240 O 02/01/33
0
8561155 025/G01 F 599,550.00 ZZ
360 597,201.18 1
6.125 3,642.93 80
5.875 3,642.93
LA JOLLA CA 92037 2 01/24/03 00
0435647300 01 03/01/03 0
0132024324 O 02/01/33
0
8561223 025/G01 F 356,000.00 ZZ
360 354,638.24 1
6.250 2,191.96 80
6.000 2,191.96
SANTA CLARA CA 95051 1 01/22/03 00
0435665740 09 03/01/03 0
0132113655 O 02/01/33
0
8561225 025/G01 F 398,000.00 ZZ
360 396,574.73 1
5.875 2,354.32 61
5.625 2,354.32
SANTA CLARA CA 95051 5 02/12/03 00
0435623905 05 04/01/03 0
0132114133 O 03/01/33
0
8561293 025/G01 F 379,000.00 ZZ
360 377,889.24 1
6.125 2,302.85 52
5.875 2,302.85
ENCINITAS CA 92024 1 02/26/03 00
0435665922 05 04/01/03 0
0132158452 O 03/01/33
0
8561323 025/G01 F 398,000.00 ZZ
360 396,833.57 1
6.125 2,418.29 50
5.875 2,418.29
1
CAMPBELL CA 95008 1 02/04/03 00
0435647573 05 04/01/03 0
0132180340 O 03/01/33
0
8561331 025/G01 F 383,000.00 ZZ
360 381,877.54 1
6.125 2,327.15 53
5.875 2,327.15
PLEASANTON CA 94588 2 02/20/03 00
0435645254 05 04/01/03 0
0132180746 O 03/01/33
0
8561333 025/G01 F 400,000.00 ZZ
360 398,817.93 1
6.250 2,462.87 80
6.000 2,462.87
SUNNYVALE CA 94087 2 02/01/03 00
0435646690 05 04/01/03 0
0132183666 O 03/01/33
0
8561345 025/G01 F 372,000.00 ZZ
360 370,909.74 1
6.125 2,260.32 52
5.875 2,260.32
MENLO PARK CA 94025 2 02/20/03 00
0435647284 05 04/01/03 0
0132188236 O 03/01/33
0
8561363 025/G01 F 394,000.00 ZZ
360 392,760.00 1
5.750 2,299.28 79
5.500 2,299.28
VISALIA CA 93277 1 02/14/03 00
0435644976 05 04/01/03 0
0132196056 O 03/01/33
0
8561379 025/G01 F 390,000.00 ZZ
360 388,337.73 1
5.875 2,307.00 68
5.625 2,307.00
SCOTTS VALLEY CA 95066 2 02/25/03 00
0435645304 05 04/01/03 0
0132215161 O 03/01/33
0
1
8561397 025/G01 F 528,000.00 ZZ
360 526,519.07 1
6.375 3,294.03 80
6.125 3,294.03
EL CAJON CA 92021 1 02/10/03 00
0435643424 05 04/01/03 0
0132240177 O 03/01/33
0
8561423 025/G01 F 356,000.00 ZZ
360 354,537.45 1
5.875 2,105.88 80
5.625 2,105.88
CHULA VISTA CA 91910 1 01/17/03 00
0435657523 05 03/01/03 0
0132071317 O 02/01/33
0
8561443 025/G01 F 370,800.00 ZZ
360 369,347.32 1
6.125 2,253.03 51
5.875 2,253.03
SAN CARLOS CA 94070 2 01/27/03 00
0435644927 05 03/01/03 0
0132084625 O 02/01/33
0
8561477 025/G01 F 369,500.00 ZZ
360 368,047.49 1
6.125 2,245.13 57
5.875 2,245.13
MISSION VIEJO CA 92692 2 01/16/03 00
0435665914 03 03/01/03 0
0140822040 O 02/01/33
0
8561501 025/G01 F 351,000.00 ZZ
360 349,357.12 1
6.375 2,189.79 90
6.125 2,189.79
TINLEY PARK IL 60463 1 01/03/03 14
0435645452 05 02/01/03 25
0140964008 O 01/01/33
0
8562543 X51/G01 F 395,000.00 ZZ
360 394,192.59 1
1
5.875 2,336.57 79
5.625 2,336.57
SAN FRANCISCO CA 94112 2 03/20/03 00
0435577705 05 05/01/03 0
0030306000 O 04/01/33
0
8562971 X89/G01 F 380,000.00 ZZ
360 379,223.26 1
5.875 2,247.84 58
5.625 2,247.84
FREMONT CA 94536 5 03/09/03 00
0435690003 05 05/01/03 0
1010242507 O 04/01/33
0
8564669 964/G01 F 587,500.00 ZZ
360 586,299.09 1
5.875 3,475.29 79
5.625 3,475.29
SAN JOSE CA 95126 2 03/05/03 00
0435578422 05 05/01/03 0
327181 O 04/01/33
0
8564683 964/G01 F 392,000.00 ZZ
360 390,866.06 1
6.000 2,350.24 47
5.750 2,350.24
FREMONT CA 94539 2 02/28/03 00
0435694229 05 05/01/03 0
347642 O 04/01/33
0
8565073 E22/G01 F 376,000.00 ZZ
360 375,231.43 3
5.875 2,224.18 66
5.625 2,224.18
SAN DIEGO CA 92103 2 03/18/03 00
0416345502 05 05/01/03 0
0416345502 O 04/01/33
0
8565199 E22/G01 F 385,000.00 ZZ
360 384,194.14 1
5.750 2,246.76 80
5.500 2,246.76
CLAYTON CA 94517 1 03/21/03 00
0416443539 09 05/01/03 0
1
0416443539 O 04/01/33
0
8565397 E22/G01 F 881,000.00 ZZ
360 879,241.53 1
6.000 5,282.04 37
5.750 5,282.04
ASPEN CO 81611 2 03/24/03 00
0416060564 05 05/01/03 0
0416060564 O 04/01/33
0
8565435 E22/G01 F 381,000.00 ZZ
360 380,239.52 1
6.000 2,284.29 65
5.750 2,284.29
SALINAS CA 93907 2 03/16/03 00
0416175792 03 05/01/03 0
0416175792 O 04/01/33
0
8565613 X51/G01 F 390,000.00 ZZ
360 389,202.81 1
5.875 2,307.00 46
5.625 2,307.00
PALOS VERDES PE CA 90274 5 03/22/03 00
0435578091 05 05/01/03 0
0030207021 O 04/01/33
0
8567115 964/G01 F 528,500.00 ZZ
360 527,419.70 1
5.875 3,126.28 37
5.625 3,126.28
PALO ALTO CA 94301 2 03/12/03 00
0435580188 05 05/01/03 0
355713 O 04/01/33
0
8568995 E22/G01 F 389,000.00 ZZ
360 388,204.86 1
5.875 2,301.08 63
5.625 2,301.08
AGOURA HILLS CA 91301 2 03/25/03 00
0416304152 05 05/01/03 0
0416304152 O 04/01/33
0
1
8569355 E22/G01 F 390,000.00 ZZ
360 389,202.81 1
5.875 2,307.00 61
5.625 2,307.00
APTOS CA 95003 2 03/20/03 00
0416057883 05 05/01/03 0
0416057883 O 04/01/33
0
8570563 X89/G01 F 395,000.00 ZZ
360 393,029.17 1
5.875 2,336.57 49
5.625 2,336.57
SAN DIEGO CA 92130 5 03/10/03 00
0435618038 03 05/01/03 0
1010242465 O 04/01/33
0
8570633 X51/G01 F 394,500.00 ZZ
360 393,693.61 1
5.875 2,333.62 67
5.625 2,333.62
THOUSAND OAKS CA 91320 5 03/26/03 00
0435579248 05 05/01/03 0
0030311002 O 04/01/33
0
8571473 X51/G01 F 375,000.00 ZZ
360 374,233.47 1
5.875 2,218.27 75
5.625 2,218.27
SAN JOSE CA 95123 5 03/26/03 00
0435580428 05 05/01/03 0
0030311011 O 04/01/33
0
8572029 T53/G01 F 394,720.00 ZZ
360 393,893.80 1
5.750 2,303.48 69
5.500 2,303.48
YORBA LINDA CA 92887 2 03/20/03 00
0435696794 05 05/01/03 0
01002368 O 04/01/33
0
8572411 313/G01 F 640,300.00 ZZ
360 636,365.25 1
6.125 3,890.54 75
5.875 3,890.54
1
VALENCIA CA 91355 2 02/27/03 00
0435581319 03 04/01/03 0
9358722 O 03/01/33
0
8572429 313/G01 F 640,500.00 ZZ
360 632,557.16 1
5.875 3,788.80 59
5.625 3,788.80
BUENA PARK CA 90621 2 03/01/03 00
0435592175 05 05/01/03 0
8882037 O 04/01/33
0
8572433 313/G01 F 600,000.00 ZZ
360 598,773.55 1
5.875 3,549.23 32
5.625 3,549.23
MELROSE MA 02176 2 03/06/03 00
0435582473 05 05/01/03 0
9379397 O 04/01/33
0
8573245 E22/G01 F 380,000.00 ZZ
360 378,969.87 1
5.875 2,247.84 66
5.625 2,247.84
SAN JOSE CA 95133 2 03/20/03 00
0416286243 05 05/01/03 0
0416286243 O 04/01/33
0
8578747 S11/G01 F 395,000.00 ZZ
360 393,135.58 1
5.500 2,242.77 69
5.250 2,242.77
HUNTINGTON BEAC CA 92646 2 03/12/03 00
0435605068 05 05/01/03 0
10211255 O 04/01/33
0
8579935 D03/D03 F 533,000.00 ZZ
360 531,857.71 1
5.625 3,068.25 69
5.375 3,068.25
MENLO PARK CA 94025 2 03/21/03 00
529291030003163 05 05/01/03 0
529291030003163 O 04/01/33
0
1
8581415 944/G01 F 397,000.00 ZZ
360 396,169.02 1
5.750 2,316.79 70
5.500 2,316.79
LOS ALAMITOS CA 90720 2 03/20/03 00
0435596887 05 05/01/03 0
W01655421 O 04/01/33
0
8582113 A06/G01 F 597,000.00 ZZ
360 595,779.68 1
5.875 3,531.48 42
5.625 3,531.48
BIRMINGHAM MI 48009 2 03/28/03 00
0435598545 05 05/01/03 0
021000020306873 O 04/01/33
0
8582169 964/G01 F 379,000.00 ZZ
360 378,225.29 1
5.875 2,241.93 69
5.625 2,241.93
OAKLAND CA 94619 2 03/21/03 00
0435593058 05 05/01/03 0
318352 O 04/01/33
0
8584489 E22/G01 F 372,000.00 ZZ
360 371,239.60 1
5.875 2,200.52 60
5.625 2,200.52
PLEASANTON CA 94588 2 03/26/03 00
0416360071 05 05/01/03 0
0416360071 O 04/01/33
0
8584553 E22/G01 F 365,500.00 ZZ
360 364,752.89 1
5.875 2,162.07 80
5.625 2,162.07
SAN FRANCISCO CA 94132 2 03/27/03 00
0416432102 05 05/01/03 0
0416432102 O 04/01/33
0
8587979 Y23/G01 F 131,000.00 TX
360 130,738.51 1
1
6.000 785.42 80
5.750 785.42
MESQUITE TX 75181 2 03/28/03 00
0435971890 05 05/01/03 0
1000182992 O 04/01/33
0
8588111 X51/G01 F 375,000.00 ZZ
360 374,617.67 1
5.875 2,218.27 62
5.625 2,218.27
MILLBRAE CA 94030 2 03/28/03 00
0435598594 05 06/01/03 0
0030303000 O 05/01/33
0
8588699 E22/G01 F 374,600.00 ZZ
360 373,834.29 1
5.875 2,215.90 75
5.625 2,215.90
SANTA ROSA CA 95401 5 03/24/03 00
0416449718 05 05/01/03 0
0416449718 O 04/01/33
0
8589723 964/G01 F 375,200.00 ZZ
360 374,395.90 1
5.625 2,159.86 80
5.375 2,159.86
EL DORADO HILLS CA 95762 1 03/18/03 00
0435594338 05 05/01/03 0
354665 O 04/01/33
0
8589983 025/G01 F 364,000.00 ZZ
360 361,602.08 1
6.375 2,270.89 71
6.125 2,270.89
BASALT CO 81621 2 10/28/02 00
0435723887 03 12/01/02 0
0131559460 O 11/01/32
0
8590221 N47/G01 F 382,000.00 ZZ
360 381,237.54 1
6.000 2,290.28 77
5.750 2,290.28
LOS ANGELES CA 90066 2 03/26/03 00
0435641105 05 05/01/03 0
1
30502904 O 04/01/33
0
8590579 B98/G01 F 371,900.00 ZZ
360 371,139.80 1
5.875 2,199.93 80
5.625 2,199.93
ORANGE CA 92869 1 03/10/03 00
0435630017 05 05/01/03 0
RC302111JPS O 04/01/33
0
8591585 964/G01 F 594,000.00 ZZ
360 592,785.80 1
5.875 3,513.74 60
5.625 3,513.74
TIBURON CA 94920 2 03/24/03 00
0435615166 05 05/01/03 0
359822 O 04/01/33
0
8591699 964/G01 F 600,000.00 ZZ
360 598,546.53 1
5.750 3,501.44 50
5.500 3,501.44
SARATOGA CA 95070 2 03/24/03 00
0435609979 05 05/01/03 0
374945 O 04/01/33
0
8591735 964/G01 F 382,000.00 ZZ
360 381,237.54 1
6.000 2,290.28 76
5.750 2,290.28
SAN JOSE CA 95124 2 03/21/03 00
0435623350 05 05/01/03 0
359150 O 04/01/33
0
8591747 964/G01 F 357,000.00 ZZ
360 356,134.44 1
5.625 2,055.09 53
5.375 2,055.09
LONG BEACH CA 90807 2 03/25/03 00
0435629514 05 05/01/03 0
362036 O 04/01/33
0
1
8591751 964/G01 F 391,000.00 ZZ
360 390,200.77 1
5.875 2,312.91 63
5.625 2,312.91
LIVERMORE CA 94550 2 03/18/03 00
0435621115 05 05/01/03 0
364320 O 04/01/33
0
8592391 E22/G01 F 388,000.00 ZZ
360 387,613.74 1
6.000 2,326.26 69
5.750 2,326.26
EL GRANADA CA 94018 2 03/26/03 00
0416358596 05 06/01/03 0
0416358596 O 05/01/33
0
8592433 E82/G01 F 389,900.00 ZZ
360 389,502.48 1
5.875 2,306.41 59
5.625 2,306.41
SOUTH PASADENA CA 91030 2 04/01/03 00
0400810479 05 06/01/03 0
0400810479 O 05/01/33
0
8592529 E22/G01 F 399,000.00 ZZ
360 398,184.41 1
5.875 2,360.24 72
5.625 2,360.24
ESCONDIDO CA 92026 2 03/27/03 00
0416452183 03 05/01/03 0
0416452183 O 04/01/33
0
8592663 E22/G01 F 1,000,000.00 ZZ
360 998,955.94 1
5.750 5,835.73 59
5.500 5,835.73
MILLBURN TWP NJ 07078 2 04/02/03 00
0416550671 05 06/01/03 0
0416550671 O 05/01/33
0
8592829 E22/G01 F 390,500.00 ZZ
360 389,682.64 1
5.750 2,278.85 52
5.500 2,278.85
1
MISSION VIEJO CA 92692 5 03/26/03 00
0416620334 03 05/01/03 0
0416620334 O 04/01/33
0
8592931 E22/G01 F 394,000.00 ZZ
360 393,194.63 1
5.875 2,330.66 72
5.625 2,330.66
CARLSBAD CA 92008 2 03/20/03 00
0416520401 03 05/01/03 0
0416520401 O 04/01/33
0
8593705 A35/G01 F 600,000.00 ZZ
360 599,388.27 1
5.875 3,549.23 73
5.625 3,549.23
WEST ISLIP NY 11795 2 03/31/03 00
0435677950 05 06/01/03 0
1 O 05/01/33
0
8595791 E22/G01 F 644,000.00 ZZ
360 643,327.62 1
5.750 3,758.21 50
5.500 3,758.21
LOS ALTOS CA 94024 2 04/02/03 00
0416382141 05 06/01/03 0
0416382141 O 05/01/33
0
8595835 E22/G01 F 399,900.00 ZZ
360 399,042.96 1
5.625 2,302.05 59
5.375 2,302.05
SAN FRANCISCO CA 94116 1 03/21/03 00
0416459451 05 05/01/03 0
0416459451 O 04/01/33
0
8595885 E22/G01 F 395,000.00 ZZ
360 394,173.22 1
5.750 2,305.11 35
5.500 2,305.11
SARATOGA CA 95070 2 03/20/03 00
0416502391 05 05/01/03 0
0416502391 O 04/01/33
0
1
8595915 E22/G01 F 360,000.00 ZZ
360 359,246.48 1
5.750 2,100.86 52
5.500 2,100.86
DANA POINT CA 92624 5 03/21/03 00
0416549665 05 05/01/03 0
0416549665 O 04/01/33
0
8596827 N47/G01 F 650,000.00 ZZ
360 649,337.29 1
5.875 3,845.00 69
5.625 3,845.00
RANCHO PALOS VE CA 90275 2 04/02/03 00
0435671045 05 06/01/03 0
30503804 O 05/01/33
0
8596925 G51/G01 F 376,000.00 ZZ
360 375,616.65 1
5.875 2,224.18 80
5.625 2,224.18
REDONDO BEACH CA 90277 1 04/01/03 00
0435620620 29 06/01/03 0
20005089 O 05/01/33
0
8599413 E82/G01 F 250,100.00 ZZ
360 249,856.92 1
6.125 1,519.63 48
5.875 1,519.63
NEWTON MA 02466 2 04/04/03 00
0400766242 05 06/01/03 0
0400766242 O 05/01/33
0
8599415 E82/G01 F 383,450.00 ZZ
360 383,077.31 1
6.125 2,329.88 68
5.875 2,329.88
FULLERTON CA 92835 2 04/04/03 00
0400784997 03 06/01/03 0
0400784997 O 05/01/33
0
8599643 E82/G01 F 357,800.00 ZZ
360 357,435.21 1
1
5.875 2,116.52 69
5.625 2,116.52
SAN RAMON CA 94583 2 04/03/03 00
0400805578 05 06/01/03 0
0400805578 O 05/01/33
0
8600181 T53/G01 F 395,650.00 ZZ
360 394,860.27 1
6.000 2,372.13 66
5.750 2,372.13
LA VERNE CA 91750 2 03/26/03 00
0435664081 03 05/01/03 0
31002002 O 04/01/33
0
8600431 964/G01 F 395,000.00 ZZ
360 394,192.57 1
5.875 2,336.58 72
5.625 2,336.58
DIAMOND BAR CA 91765 2 03/28/03 00
0435679055 05 05/01/03 0
362337 O 04/01/33
0
8600771 M24/G01 F 385,000.00 ZZ
360 384,616.73 1
6.000 2,308.27 62
5.750 2,308.27
WHITTIER CA 90601 2 04/04/03 00
0435662713 03 06/01/03 0
021210842 O 05/01/33
0
8604339 E22/G01 F 396,500.00 ZZ
360 396,095.75 1
5.875 2,345.45 56
5.625 2,345.45
SAN JOSE CA 95127 2 04/02/03 00
0416349504 05 06/01/03 0
0416349504 O 05/01/33
0
8604475 E22/G01 F 356,000.00 ZZ
360 355,637.05 1
5.875 2,105.87 80
5.625 2,105.87
SANTA CLARA CA 95051 1 04/03/03 00
0416651669 05 06/01/03 0
1
0416651669 O 05/01/33
0
8609853 W53/G01 F 356,000.00 ZZ
360 355,322.66 1
6.250 2,191.96 75
6.000 2,191.96
CERRITOS CA 90703 2 03/05/03 00
0435652714 05 05/01/03 0
1501102611 O 04/01/33
0
8610935 W53/G01 F 600,000.00 ZZ
360 598,744.12 1
5.750 3,501.44 58
5.500 3,501.44
DANA POINT CA 92624 2 03/13/03 00
0435651856 05 05/01/03 0
1501103054 O 04/01/33
0
8612001 B98/G01 F 399,000.00 ZZ
360 398,222.40 1
6.125 2,424.37 58
5.875 2,424.37
MORGAN HILL CA 95037 2 03/21/03 00
0435683842 05 05/01/03 0
R302026VN O 04/01/33
0
8612881 964/G01 F 384,700.00 ZZ
360 384,317.03 1
6.000 2,306.47 72
5.750 2,306.47
RANCHO MURIETA CA 95683 2 03/31/03 00
0435665856 03 06/01/03 0
323346 O 05/01/33
0
8612945 964/G01 F 388,000.00 ZZ
360 387,594.91 1
5.750 2,264.26 69
5.500 2,264.26
SAN FRANCISCO CA 94110 2 04/03/03 00
0435676531 01 06/01/03 0
380547 O 05/01/33
0
1
8613879 E82/G01 F 388,300.00 ZZ
360 387,894.59 1
5.750 2,266.01 75
5.500 2,266.01
SAN CLEMENTE CA 92672 2 04/08/03 00
0400805107 05 06/01/03 0
0400805107 O 05/01/33
0
8616621 X51/G01 F 394,000.00 ZZ
360 393,588.64 1
5.750 2,299.28 57
5.500 2,299.28
LAGUNA HILLS CA 92653 2 04/11/03 00
0435670906 05 06/01/03 0
0030307013 O 05/01/33
0
8618719 E22/G01 F 360,000.00 ZZ
300 359,470.44 1
5.875 2,292.06 68
5.625 2,292.06
HOLLISTER CA 95023 2 04/03/03 00
0416674729 05 06/01/03 0
0416674729 O 05/01/28
0
8618921 E22/G01 F 570,000.00 ZZ
360 569,404.88 1
5.750 3,326.37 79
5.500 3,326.37
CASTRO VALLEY CA 94552 2 04/03/03 00
0416462810 03 06/01/03 0
0416462810 O 05/01/33
0
8618953 E22/G01 F 646,000.00 ZZ
360 645,325.54 1
5.750 3,769.88 52
5.500 3,769.88
SAN DIEGO CA 92103 2 04/10/03 00
0416516508 05 06/01/03 0
0416516508 O 05/01/33
0
8618965 E22/G01 F 399,000.00 ZZ
360 398,593.20 1
5.875 2,360.24 60
5.625 2,360.24
1
LOS ANGELES CA 90045 5 04/07/03 00
0416534212 05 06/01/03 0
0416534212 O 05/01/33
0
8618991 E22/G01 F 1,000,000.00 ZZ
360 999,004.49 1
6.000 5,995.51 47
5.750 5,995.51
SAN FRANCISCO CA 94115 5 04/04/03 00
0416569077 05 06/01/03 0
0416569077 O 05/01/33
0
8619657 S11/G01 F 371,000.00 ZZ
360 370,259.49 1
6.000 2,224.33 58
5.750 2,224.33
HUNTINGTON BEAC CA 92648 2 03/31/03 00
0435712492 05 05/01/03 0
10211317 O 04/01/33
0
8619955 E82/G01 F 367,700.00 ZZ
360 367,325.12 1
5.875 2,175.08 49
5.625 2,175.08
MONTEREY CA 93940 2 04/10/03 00
0400813879 05 06/01/03 0
0400813879 O 05/01/33
0
8620061 E82/G01 F 380,000.00 ZZ
360 379,621.71 1
6.000 2,278.29 43
5.750 2,278.29
LOS ANGELES CA 91403 2 04/10/03 00
0400798757 05 06/01/03 0
0400798757 O 05/01/33
0
8620919 Q59/G01 F 348,000.00 ZZ
360 347,653.56 1
6.000 2,086.44 80
5.750 2,086.44
NORTHRIDGE CA 91324 2 04/08/03 00
0435705207 05 06/01/03 0
0000502228 O 05/01/33
0
1
8621047 N47/G01 F 395,000.00 ZZ
360 394,606.78 1
6.000 2,368.22 41
5.750 2,368.22
CUPERTINO CA 95014 2 04/10/03 00
0435715578 05 06/01/03 0
30503842 O 05/01/33
0
8621403 A39/G01 F 390,000.00 ZZ
360 389,620.95 1
6.125 2,369.68 56
5.875 2,369.68
TARZANA CA 91356 2 04/07/03 00
0435704317 05 06/01/03 0
2300634RFC O 05/01/33
0
8622453 E82/G01 F 394,500.00 ZZ
360 394,097.79 1
5.875 2,333.62 54
5.625 2,333.62
BERKELEY CA 94707 2 04/11/03 00
0400805685 05 06/01/03 0
0400805685 O 05/01/33
0
8622769 420/G01 F 363,750.00 ZZ
360 363,370.22 1
5.750 2,122.75 75
5.500 2,122.75
NAPA CA 94558 5 04/01/03 00
0435680301 05 06/01/03 0
83000071 O 05/01/33
0
8622929 E22/G01 F 392,000.00 ZZ
360 391,609.76 1
6.000 2,350.24 75
5.750 2,350.24
PETALUMA CA 94952 2 04/02/03 00
0416308864 05 06/01/03 0
0416308864 O 05/01/33
0
8623117 E22/G01 F 387,000.00 ZZ
360 386,605.44 1
1
5.875 2,289.25 70
5.625 2,289.25
CASTRO VALLEY CA 94546 5 04/09/03 00
0416543734 05 06/01/03 0
0416543734 O 05/01/33
0
8623155 E22/G01 F 647,000.00 ZZ
360 646,324.49 1
5.750 3,775.72 48
5.500 3,775.72
ORINDA CA 94563 2 04/09/03 00
0416575488 05 06/01/03 0
0416575488 O 05/01/33
0
8623339 E22/G01 F 600,000.00 ZZ
360 599,416.84 1
6.125 3,645.66 80
5.875 3,645.66
SAN FRANCISCO CA 94131 1 04/10/03 00
0416684942 05 06/01/03 0
0416684942 O 05/01/33
0
8623403 E22/G01 F 582,000.00 ZZ
360 581,406.62 1
5.875 3,442.75 37
5.625 3,442.75
CORONA DEL MAR CA 92625 2 04/09/03 00
0416270585 03 06/01/03 0
0416270585 O 05/01/33
0
8623857 N47/G01 F 373,000.00 ZZ
360 372,637.46 1
6.125 2,266.39 72
5.875 2,266.39
CHULA VISTA CA 91913 2 04/10/03 00
0435743158 05 06/01/03 0
30503636 O 05/01/33
0
8624047 964/G01 F 600,000.00 ZZ
360 599,388.27 1
5.875 3,549.23 59
5.625 3,549.23
SARATOGA CA 95070 2 03/31/03 00
0435681242 05 06/01/03 0
1
359539 O 05/01/33
0
8624057 964/G01 F 355,000.00 ZZ
360 354,646.60 1
6.000 2,128.40 44
5.750 2,128.40
ALISO VIEJO CA 92656 2 04/03/03 00
0435695010 03 06/01/03 0
365532 O 05/01/33
0
8626921 E22/G01 F 385,000.00 ZZ
360 384,616.73 1
6.000 2,308.27 72
5.750 2,308.27
CASTRO VALLEY CA 94552 2 04/07/03 00
0416503134 05 06/01/03 0
0416503134 O 05/01/33
0
8627785 B57/G01 F 393,750.00 ZZ
360 393,348.55 1
5.875 2,329.18 75
5.625 2,329.18
LOS ANGELES CA 90038 1 04/08/03 00
0435720032 05 06/01/03 0
10011650 O 05/01/33
0
8629061 601/G01 F 342,600.00 ZZ
360 341,932.32 1
6.125 2,081.68 95
5.875 2,081.68
CUMMING GA 30041 1 03/21/03 10
0435722178 03 05/01/03 30
62623699 O 04/01/33
0
8629403 E82/G01 F 350,000.00 ZZ
360 349,659.82 1
6.125 2,126.64 70
5.875 2,126.64
LEXINGTON MA 02173 5 04/11/03 00
0400793717 05 06/01/03 0
0400793717 O 05/01/33
0
1
8629713 E22/G01 F 391,000.00 ZZ
360 390,601.36 1
5.875 2,312.91 80
5.625 2,312.91
SAN FRANCISCO CA 94134 2 04/10/03 00
0416642288 05 06/01/03 0
0416642288 O 05/01/33
0
8629899 E22/G01 F 120,000.00 ZZ
360 119,877.65 1
5.875 709.85 80
5.625 709.85
HEMET CA 92544 2 04/07/03 00
0416724581 05 06/01/03 0
0416724581 O 05/01/33
0
8631123 N47/G01 F 388,000.00 ZZ
360 387,604.41 1
5.875 2,295.17 52
5.625 2,295.17
WATSONVILLE CA 95076 5 04/08/03 00
0435723259 05 06/01/03 0
20504581 O 05/01/33
0
8631391 964/G01 F 376,750.00 ZZ
360 376,374.94 1
6.000 2,258.81 72
5.750 2,258.81
ORANGE CA 92869 2 04/02/03 00
0435734272 05 06/01/03 0
372089 O 05/01/33
0
8631399 964/G01 F 396,000.00 ZZ
360 395,605.78 1
6.000 2,374.22 74
5.750 2,374.22
FAIRFAX CA 94930 2 04/06/03 00
0435718028 05 06/01/03 0
373554 O 05/01/33
0
8631401 964/G01 F 362,700.00 ZZ
360 362,330.21 1
5.875 2,145.51 65
5.625 2,145.51
1
SEBASTOPOL CA 95472 5 04/03/03 00
0435716915 05 06/01/03 0
374285 O 05/01/33
0
8632019 E82/G01 F 387,900.00 ZZ
360 387,504.52 1
5.875 2,294.57 80
5.625 2,294.57
SAN JOSE CA 95127 2 04/15/03 00
0400805628 03 06/01/03 0
0400805628 O 05/01/33
0
8632703 E22/G01 F 364,000.00 ZZ
360 361,362.06 1
6.125 2,211.70 80
5.875 2,211.70
SAMMAMISH WA 98074 2 04/13/03 00
0416633014 05 06/01/03 0
0416633014 O 05/01/33
0
8633691 356/356 F 396,000.00 ZZ
360 395,272.43 1
6.250 2,438.25 64
6.000 2,438.25
MORGAN HILL CA 95037 2 03/26/03 00
29020476 05 06/01/03 0
29020476 O 05/01/33
0
8633709 601/G01 F 386,750.00 ZZ
360 386,028.23 1
6.375 2,412.82 63
6.125 2,412.82
TRENTON WI 53095 2 03/07/03 00
0435715537 05 05/01/03 0
80508138 O 04/01/33
0
8633717 964/G01 F 398,800.00 ZZ
360 398,393.41 1
5.875 2,359.05 69
5.625 2,359.05
DUBLIN CA 94568 2 04/08/03 00
0435735204 03 06/01/03 0
372823 O 05/01/33
0
1
8633731 964/G01 F 371,000.00 ZZ
360 370,621.74 1
5.875 2,194.61 38
5.625 2,194.61
FREMONT CA 94539 5 04/09/03 00
0435753496 05 06/01/03 0
370494 O 05/01/33
0
8633755 964/G01 F 360,000.00 ZZ
360 359,641.62 1
6.000 2,158.38 75
5.750 2,158.38
PACIFICA CA 94044 5 04/09/03 00
0435719596 05 06/01/03 0
375034 O 05/01/33
0
8633765 964/G01 F 394,000.00 ZZ
360 393,588.64 1
5.750 2,299.28 41
5.500 2,299.28
PLEASANTON CA 94588 2 04/09/03 00
0435719844 05 06/01/03 0
377904 O 05/01/33
0
8633773 964/G01 F 380,000.00 ZZ
360 379,603.25 1
5.750 2,217.58 57
5.500 2,217.58
SAN JOSE CA 95127 5 04/01/03 00
0435735329 05 06/01/03 0
386329 O 05/01/33
0
8634771 E82/G01 F 357,000.00 ZZ
360 356,636.02 1
5.875 2,111.79 70
5.625 2,111.79
ATLANTA GA 30328 2 04/11/03 00
0400814273 03 06/01/03 0
0400814273 O 05/01/33
0
8634795 E82/G01 F 370,000.00 ZZ
360 369,631.66 1
1
6.000 2,218.34 75
5.750 2,218.34
SAN JOSE CA 95118 2 04/17/03 00
0400814158 05 06/01/03 0
0400814158 O 05/01/33
0
8635015 601/G01 F 355,200.00 ZZ
360 354,507.78 1
6.125 2,158.23 78
5.875 2,158.23
BALDWIN MD 21013 2 03/12/03 00
0435721774 05 05/01/03 0
81075004 O 04/01/33
0
8636385 696/G01 F 550,400.00 ZZ
360 549,825.34 1
5.750 3,211.99 80
5.500 3,211.99
WASHINGTON DC 20015 2 04/15/03 00
0435714647 05 06/01/03 0
50103070 O 05/01/33
0
8637723 E22/G01 F 380,000.00 ZZ
360 379,612.58 1
5.875 2,247.84 74
5.625 2,247.84
CARNATION WA 98014 2 04/14/03 00
0416320380 05 06/01/03 0
0416320380 O 05/01/33
0
8637865 E22/G01 F 952,000.00 ZZ
360 951,029.39 1
5.875 5,631.44 21
5.625 5,631.44
LOS ANGELES CA 90020 2 04/09/03 00
0416610137 05 06/01/03 0
0416610137 O 05/01/33
0
8638335 893/G01 F 397,000.00 ZZ
360 396,595.25 1
5.875 2,348.40 63
5.625 2,348.40
SAN MATEO CA 94403 2 04/10/03 00
0435724380 05 06/01/03 0
1
M30319031 O 05/01/33
0
8638437 X89/G01 F 375,000.00 ZZ
360 374,626.69 1
6.000 2,248.31 69
5.750 2,248.31
SAN RAMON CA 94583 5 04/15/03 00
0435726278 05 06/01/03 0
2004500 O 05/01/33
0
8638819 601/G01 F 569,600.00 ZZ
360 568,489.94 1
6.125 3,460.95 80
5.875 3,460.95
HICKORY NC 28601 2 04/02/03 00
0435735832 05 05/01/03 0
62768544 O 04/01/33
0
8639013 227/G01 F 555,000.00 ZZ
360 554,434.15 1
5.875 3,283.04 80
5.625 3,283.04
SAN DIEGO CA 92130 2 04/05/03 00
0435723655 03 06/01/03 0
2140849 O 05/01/33
0
8639095 T53/G01 F 399,950.00 ZZ
360 399,542.23 1
5.875 2,365.86 64
5.625 2,365.86
SONOMA CA 95476 5 04/04/03 00
0435880505 05 06/01/03 0
05001526 O 05/01/33
0
8639523 964/G01 F 398,000.00 ZZ
360 397,613.17 1
6.125 2,418.29 63
5.875 2,418.29
SAN CARLOS CA 94070 2 04/07/03 00
0435743513 05 06/01/03 0
364639 O 05/01/33
0
1
8639561 964/G01 F 650,000.00 ZZ
360 649,352.92 1
6.000 3,897.08 77
5.750 3,897.08
BELMONT CA 94002 1 04/16/03 00
0435739347 05 06/01/03 0
397666 O 05/01/33
0
8639583 964/G01 F 530,000.00 ZZ
360 529,484.87 1
6.125 3,220.34 54
5.875 3,220.34
LOS ALTOS CA 94024 2 04/03/03 00
0435820246 05 06/01/03 0
348904 O 05/01/33
0
8639849 N47/G01 F 505,000.00 ZZ
360 504,509.17 1
6.125 3,068.43 57
5.875 3,068.43
REDONDO BEACH CA 90277 2 04/15/03 00
0435786595 05 06/01/03 0
30502320 O 05/01/33
0
8639907 964/G01 F 365,000.00 ZZ
360 364,627.87 1
5.875 2,159.11 53
5.625 2,159.11
THOUSAND OAKS CA 91320 5 04/04/03 00
0435720503 05 06/01/03 0
360117 O 05/01/33
0
8641869 E82/G01 F 253,750.00 ZZ
360 253,509.23 1
6.250 1,562.38 61
6.000 1,562.38
COPAKE NY 12516 2 04/22/03 00
0400801627 05 06/01/03 0
0400801627 O 05/01/33
0
8641907 E82/G01 F 360,000.00 ZZ
360 359,650.10 1
6.125 2,187.40 39
5.875 2,187.40
1
MILL VALLEY CA 94941 5 04/18/03 00
0400800827 05 06/01/03 0
0400800827 O 05/01/33
0
8642213 E33/G01 F 1,000,000.00 ZZ
360 998,955.94 1
5.750 5,835.73 40
5.500 5,835.73
LAKE FOREST IL 60045 2 04/21/03 00
0435733654 05 06/01/03 0
XXXXXXXX O 05/01/33
0
8642251 X80/G01 F 396,000.00 ZZ
360 395,605.78 1
6.000 2,374.22 80
5.750 2,374.22
TUSTIN CA 92782 1 04/09/03 00
0435785084 05 06/01/03 0
1410155419 O 05/01/33
0
8642749 X89/G01 F 379,000.00 ZZ
360 378,613.59 1
5.875 2,241.93 51
5.625 2,241.93
CAMARILLO CA 93012 5 04/11/03 00
0435737689 05 06/01/03 0
2002133 O 05/01/33
0
8642751 A39/G01 F 369,000.00 ZZ
360 368,623.79 1
5.875 2,182.77 57
5.625 2,182.77
GLENDALE CA 91207 2 04/16/03 00
0435730734 05 06/01/03 0
2300396RFC O 05/01/33
0
8642757 L20/G01 F 363,200.00 ZZ
360 362,846.99 1
6.125 2,206.84 80
5.875 2,206.84
SALT LAKE CITY UT 84105 2 04/15/03 00
0435736087 05 06/01/03 0
1031010110 O 05/01/33
0
1
8644545 N47/G01 F 626,000.00 ZZ
360 625,361.76 1
5.875 3,703.03 75
5.625 3,703.03
WALNUT CREEK CA 94598 2 04/17/03 00
0435893599 05 06/01/03 0
20504298 O 05/01/33
0
8645747 G52/G01 F 980,000.00 ZZ
360 979,000.85 1
5.875 5,797.07 60
5.625 5,797.07
HONOLULU HI 96821 2 04/12/03 00
0435740931 03 06/01/03 0
9205004467 O 05/01/33
0
8647303 964/G01 F 394,000.00 ZZ
360 393,598.30 1
5.875 2,330.66 65
5.625 2,330.66
ATASCADERO CA 93422 5 04/11/03 00
0435723853 05 06/01/03 0
373638 O 05/01/33
0
8647313 964/G01 F 650,000.00 ZZ
360 649,337.29 1
5.875 3,845.00 31
5.625 3,845.00
PISMO BEACH CA 93449 5 04/09/03 00
0435730338 05 06/01/03 0
374059 O 05/01/33
0
8647317 964/G01 F 380,000.00 ZZ
360 379,612.58 1
5.875 2,247.84 44
5.625 2,247.84
SAN JOSE CA 95120 2 04/09/03 00
0435786892 05 06/01/03 0
374938 O 05/01/33
0
8647321 964/G01 F 527,000.00 ZZ
360 526,462.69 1
1
5.875 3,117.41 64
5.625 3,117.41
FREMONT CA 94536 2 04/15/03 00
0435736814 05 06/01/03 0
374835 O 05/01/33
0
8647351 964/G01 F 389,000.00 ZZ
360 388,612.75 1
6.000 2,332.25 80
5.750 2,332.25
FOLSOM CA 95630 2 04/11/03 00
0435730528 05 06/01/03 0
373130 O 05/01/33
0
8647357 964/G01 F 393,000.00 ZZ
360 392,599.32 1
5.875 2,324.74 66
5.625 2,324.74
SAN MARINO CA 91108 2 04/14/03 00
0435745864 05 06/01/03 0
373530 O 05/01/33
0
8647359 964/G01 F 388,000.00 ZZ
360 387,613.74 1
6.000 2,326.26 78
5.750 2,326.26
LODI CA 95242 2 04/11/03 00
0435730312 05 06/01/03 0
373561 O 05/01/33
0
8647367 964/G01 F 390,000.00 ZZ
360 389,602.37 1
5.875 2,307.00 42
5.625 2,307.00
CUPERTINO CA 95014 2 04/11/03 00
0435866017 05 06/01/03 0
375636 O 05/01/33
0
8647373 964/G01 F 396,000.00 ZZ
360 395,586.55 1
5.750 2,310.95 47
5.500 2,310.95
SAN JOSE CA 95135 2 04/15/03 00
0435730569 05 06/01/03 0
1
376177 O 05/01/33
0
8647375 964/G01 F 389,000.00 ZZ
360 388,603.40 1
5.875 2,301.08 80
5.625 2,301.08
FREMONT CA 94536 2 04/08/03 00
0435733027 05 06/01/03 0
376226 O 05/01/33
0
8647401 964/G01 F 570,000.00 ZZ
360 569,418.85 1
5.875 3,371.77 50
5.625 3,371.77
MILL VALLEY CA 94941 2 04/13/03 00
0435739891 05 06/01/03 0
386911 O 05/01/33
0
8648455 313/G01 F 637,500.00 ZZ
360 636,227.55 1
6.000 3,822.14 75
5.750 3,822.14
MILWAUKEE WI 53211 2 04/04/03 00
0435736954 05 05/01/03 0
9361536 O 04/01/33
0
8648471 313/G01 F 400,000.00 ZZ
360 399,115.17 1
6.250 2,462.87 58
6.000 2,462.87
SAN JOSE CA 95125 5 04/20/03 00
0435729850 05 05/01/03 0
9427006 O 04/01/33
0
8648475 313/G01 F 568,500.00 ZZ
360 567,337.92 1
5.875 3,362.90 69
5.625 3,362.90
ALISO VIEJO CA 92656 2 03/28/03 00
0435738992 03 05/01/03 0
9369562 O 04/01/33
0
1
8648479 313/G01 F 383,000.00 ZZ
360 382,179.16 1
5.625 2,204.77 46
5.375 2,204.77
STUDIO CITY CA 91604 2 04/04/03 00
0435733712 05 05/01/03 0
9444084 O 04/01/33
0
8648511 313/G01 F 539,000.00 ZZ
360 537,898.23 1
5.875 3,188.39 69
5.625 3,188.39
SAN CLEMENTE CA 92673 2 03/21/03 00
0435729892 03 05/01/03 0
9384918 O 04/01/33
0
8648529 313/G01 F 534,000.00 ZZ
360 532,908.45 1
5.875 3,158.82 60
5.625 3,158.82
STUDIO CITY CA 91604 5 04/10/03 00
0435735931 05 05/01/03 0
9363623 O 04/01/33
0
8648743 313/G01 F 351,200.00 ZZ
360 350,482.11 1
5.875 2,077.48 75
5.625 2,077.48
ATLANTA GA 30329 1 03/31/03 00
0435736038 03 05/01/03 0
9466095 O 04/01/33
0
8648749 313/G01 F 398,900.00 ZZ
360 398,103.79 1
6.000 2,391.61 34
5.750 2,391.61
LOS ALTOS CA 94024 2 03/25/03 00
0435735196 05 05/01/03 0
9334400 O 04/01/33
0
8648869 R65/G01 F 562,000.00 ZZ
360 561,427.02 1
5.875 3,324.44 79
5.625 3,324.44
1
WASHINGTON DC 20009 2 04/18/03 00
0435727797 07 06/01/03 0
4213906357 O 05/01/33
0
8648907 952/G01 F 590,000.00 ZZ
360 589,384.00 1
5.750 3,443.08 59
5.500 3,443.08
MONTVALE NJ 07645 2 04/24/03 00
0435740766 05 06/01/03 0
03001960 O 05/01/33
0
8649183 X51/G01 F 371,000.00 ZZ
360 370,621.74 1
5.875 2,194.61 65
5.625 2,194.61
LOS ANGELES CA 90068 2 04/22/03 00
0435739081 05 06/01/03 0
0030326003 O 05/01/33
0
8651645 E22/G01 F 644,000.00 ZZ
360 643,327.62 1
5.750 3,758.21 54
5.500 3,758.21
FORT XXXXX FL 33908 2 04/23/03 00
0416384675 03 06/01/03 0
0416384675 O 05/01/33
0
8651647 E22/G01 F 396,000.00 ZZ
360 395,605.78 1
6.000 2,374.22 63
5.750 2,374.22
PLEASANTON CA 94588 2 04/15/03 00
0416563518 05 06/01/03 0
0416563518 O 05/01/33
0
8651957 E22/G01 F 355,000.00 ZZ
360 354,638.06 1
5.875 2,099.96 74
5.625 2,099.96
FREMONT CA 94536 2 04/14/03 00
0416753473 03 06/01/03 0
0416753473 O 05/01/33
0
1
8651959 E22/G01 F 397,000.00 ZZ
360 396,595.25 1
5.875 2,348.40 60
5.625 2,348.40
SOUTH SAN FRANC CA 94080 2 04/17/03 00
0416757284 03 06/01/03 0
0416757284 O 05/01/33
0
8651991 E22/G01 F 388,400.00 ZZ
360 388,013.35 1
6.000 2,328.65 61
5.750 2,328.65
SAN JOSE CA 95125 2 04/21/03 00
0416788925 05 06/01/03 0
0416788925 O 05/01/33
0
8652081 E82/G01 F 381,500.00 ZZ
360 381,002.15 1
6.125 2,318.03 52
5.875 2,318.03
SAN MATEO CA 94402 2 04/22/03 00
0400798161 05 06/01/03 0
0400798161 O 05/01/33
0
8652235 E82/G01 F 556,100.00 ZZ
360 555,533.03 1
5.875 3,289.54 59
5.625 3,289.54
YORBA LINDA CA 92887 2 04/22/03 00
0400821021 05 06/01/03 0
0400821021 O 05/01/33
0
8652307 E82/G01 F 543,000.00 ZZ
360 542,472.23 1
6.125 3,299.33 55
5.875 3,299.33
CAMIRILLO CA 93012 2 04/24/03 00
0400799326 03 06/01/03 0
0400799326 O 05/01/33
0
8652309 E82/G01 F 605,250.00 ZZ
360 604,632.92 1
1
5.875 3,580.28 80
5.625 3,580.28
SCOTTSDALE AZ 85262 2 04/24/03 00
0400820148 03 06/01/03 0
0400820148 O 05/01/33
0
8652313 E82/G01 F 249,900.00 ZZ
360 249,657.11 2
6.125 1,518.42 59
5.875 1,518.42
BROOKLYN NY 11223 2 04/25/03 00
0400800280 05 06/01/03 0
0400800280 O 05/01/33
0
8652333 E82/G01 F 176,600.00 ZZ
360 176,419.94 1
5.875 1,044.66 75
5.625 1,044.66
STERLING VA 20165 2 04/25/03 00
0400829495 05 06/01/03 0
0400829495 O 05/01/33
0
8652349 E82/G01 F 581,800.00 T
360 581,234.52 1
6.125 3,535.08 42
5.875 3,535.08
BIG SUR CA 93920 2 04/16/03 00
0400805727 05 06/01/03 0
0400805727 O 05/01/33
0
8652583 956/956 F 385,000.00 ZZ
360 384,616.73 1
6.000 2,308.27 65
5.750 2,308.27
OAKLAND CA 94605 5 04/02/03 00
113020186 03 06/01/03 0
113020186 O 05/01/33
0
8652587 956/956 F 534,000.00 ZZ
360 532,908.46 1
5.875 3,158.81 67
5.625 3,158.81
OAKLAND CA 94611 2 03/22/03 00
713030053 05 05/01/03 0
1
713030053 O 04/01/33
0
8652589 956/956 F 500,000.00 ZZ
360 499,490.23 1
5.875 2,957.69 63
5.625 2,957.69
SAN JOSE CA 95126 5 04/14/03 00
713030083 05 06/01/03 0
713030083 O 05/01/33
0
8652593 956/956 F 390,000.00 ZZ
360 389,602.37 1
5.875 2,307.00 61
5.625 2,307.00
SAN CARLOS CA 94070 2 04/14/03 00
713030297 05 06/01/03 0
713030297 O 05/01/33
0
8652597 956/956 F 389,000.00 ZZ
360 388,203.40 1
5.875 2,301.08 46
5.625 2,301.08
SAN JOSE CA 95118 2 04/10/03 00
713040076 05 06/01/03 0
713040076 O 05/01/33
0
8652603 956/956 F 500,000.00 ZZ
360 498,977.96 1
5.875 2,957.69 71
5.625 2,957.69
ALLENDALE NJ 07401 2 03/14/03 00
913010029 05 05/01/03 0
913010029 O 04/01/33
0
8652611 956/956 F 372,000.00 ZZ
360 371,239.60 1
5.875 2,200.52 64
5.625 2,200.52
FULLERTON CA 92835 5 03/13/03 00
1113020358 05 05/01/03 0
1113020358 O 04/01/33
0
1
8652613 956/956 F 336,000.00 ZZ
360 335,313.18 1
5.875 1,987.57 80
5.625 1,987.57
PLACENTIA CA 92870 1 03/03/03 00
1113020611 05 05/01/03 0
1113020611 O 04/01/33
0
8652631 956/956 F 475,000.00 ZZ
360 474,051.91 1
6.000 2,847.87 62
5.750 2,847.87
ENGLEWOOD CO 80111 5 03/24/03 00
1113030369 05 05/01/03 0
1113030369 O 04/01/33
0
8652641 956/956 F 341,000.00 ZZ
360 340,286.25 1
5.750 1,989.98 64
5.500 1,989.98
PALATINE IL 60067 2 03/21/03 00
1113030734 05 05/01/03 0
1113030734 O 04/01/33
0
8652647 956/956 F 399,900.00 ZZ
360 399,082.57 1
5.875 2,365.56 71
5.625 2,365.56
OAK PARK IL 60302 5 03/25/03 00
1113040055 05 05/01/03 0
1113040055 O 04/01/33
0
8652649 956/956 F 473,000.00 ZZ
360 472,009.95 1
5.750 2,760.30 79
5.500 2,760.30
OAK PARK IL 60302 2 04/01/03 00
1113040121 05 05/01/03 0
1113040121 O 04/01/33
0
8652655 956/956 F 455,000.00 ZZ
360 454,557.77 1
6.125 2,764.63 38
5.875 2,764.63
1
SEATTLE WA 98112 2 04/04/03 00
1313020310 05 06/01/03 0
1313020310 O 05/01/33
0
8652657 956/956 F 390,500.00 ZZ
360 389,720.58 1
6.000 2,341.24 79
5.750 2,341.24
REDMOND WA 98052 2 03/27/03 00
1313030043 05 05/01/03 0
1313030043 O 04/01/33
0
8652677 956/956 F 440,000.00 ZZ
360 439,121.77 1
6.000 2,638.02 52
5.750 2,638.02
FOSTER CITY CA 94404 2 03/31/03 00
1813011434 05 05/01/03 0
1813011434 O 04/01/33
0
8652679 956/956 F 387,000.00 ZZ
360 386,614.74 1
6.000 2,320.26 46
5.750 2,320.26
SAN RAMON CA 94583 2 04/10/03 00
1813020560 03 06/01/03 0
1813020560 O 05/01/33
0
8652687 956/956 F 485,000.00 ZZ
360 484,517.18 1
6.000 2,907.82 60
5.750 2,907.82
RIVERWOODS IL 60015 2 04/11/03 00
2313020071 05 06/01/03 0
2313020071 O 05/01/33
0
8652731 956/956 F 475,000.00 ZZ
360 474,504.07 1
5.750 2,771.97 67
5.500 2,771.97
DENVER CO 80220 2 04/02/03 00
2413020228 05 06/01/03 0
2413020228 O 05/01/33
0
1
8652739 956/956 F 448,000.00 ZZ
360 447,543.24 1
5.875 2,650.09 71
5.625 2,650.09
SUPERIOR CO 80027 2 04/07/03 00
2413030247 03 06/01/03 0
2413030247 O 05/01/33
0
8652747 956/956 F 650,000.00 ZZ
360 647,954.31 1
5.750 3,793.22 47
5.500 3,793.22
TUCSON AZ 85750 2 02/28/03 00
2713030172 03 04/01/03 0
2713030172 O 03/01/33
0
8652765 956/956 F 383,000.00 ZZ
360 382,618.72 1
6.000 2,296.28 74
5.750 2,296.28
MARSHFIELD MA 02050 5 04/04/03 00
2813030116 05 06/01/03 0
2813030116 O 05/01/33
0
8652769 956/956 F 348,000.00 ZZ
360 347,645.20 1
5.875 2,058.55 80
5.625 2,058.55
CHELMSFORD MA 01824 1 04/17/03 00
2813030154 05 06/01/03 0
2813030154 O 05/01/33
0
8652775 956/956 F 388,000.00 ZZ
360 387,604.41 1
5.875 2,295.17 80
5.625 2,295.17
THOUSAND OAKS CA 91320 1 04/07/03 00
2913030105 05 06/01/03 0
2913030105 O 05/01/33
0
8652777 956/956 F 487,500.00 ZZ
360 487,014.69 1
1
6.000 2,922.81 63
5.750 2,922.81
CAMARILLO CA 93010 2 04/09/03 00
2913030173 05 06/01/03 0
2913030173 O 05/01/33
0
8652789 956/956 F 425,000.00 ZZ
360 424,566.69 1
5.875 2,514.04 42
5.625 2,514.04
GREENWICH CT 06807 5 04/04/03 00
3413020189 05 06/01/03 0
3413020189 O 05/01/33
0
8652791 956/956 F 470,000.00 ZZ
360 469,520.81 1
5.875 2,780.23 68
5.625 2,780.23
WESTPORT CT 06880 2 04/08/03 00
3413030034 05 06/01/03 0
3413030034 O 05/01/33
0
8652793 956/956 F 620,000.00 ZZ
360 619,367.89 1
5.875 3,667.53 65
5.625 3,667.53
NEW CANAAN CT 06840 2 04/08/03 00
3413030064 05 06/01/03 0
3413030064 O 05/01/33
0
8652795 956/956 F 476,000.00 ZZ
360 475,514.70 1
5.875 2,815.72 60
5.625 2,815.72
FAIRFIELD CT 06824 2 04/08/03 00
3413030085 05 06/01/03 0
3413030085 O 05/01/33
0
8652939 956/956 F 390,000.00 ZZ
360 389,221.56 1
6.000 2,338.25 78
5.750 2,338.25
BLOOMFIELD HILL MI 48304 2 03/21/03 00
4313020447 05 05/01/03 0
1
4313020447 O 04/01/33
0
8652947 956/956 F 525,000.00 ZZ
360 523,926.86 1
5.875 3,105.57 70
5.625 3,105.57
CENTENNIAL CO 80015 2 03/26/03 00
4313020547 03 05/01/03 0
4313020547 O 04/01/33
0
8652969 956/956 F 502,000.00 ZZ
360 501,488.19 1
5.875 2,969.52 63
5.625 2,969.52
VIENNA VA 22182 2 04/01/03 00
4313030943 05 06/01/03 0
4313030943 O 05/01/33
0
8652971 956/956 F 551,500.00 ZZ
360 550,937.72 1
5.875 3,262.33 74
5.625 3,262.33
TIERRA VERDE FL 33715 2 04/03/03 00
4313040060 05 06/01/03 0
4313040060 O 05/01/33
0
8652977 956/956 F 420,000.00 ZZ
360 419,571.79 1
5.875 2,484.46 80
5.625 2,484.46
CHICAGO IL 60618 1 04/11/03 00
4713030033 05 06/01/03 0
4713030033 O 05/01/33
0
8653017 956/956 F 627,300.00 ZZ
360 626,645.06 1
5.750 3,660.75 45
5.500 3,660.75
KIRKLAND WA 98034 5 04/12/03 00
5513030125 05 06/01/03 0
5513030125 O 05/01/33
0
1
8653019 956/956 F 369,000.00 ZZ
360 368,227.65 1
5.750 2,153.38 72
5.500 2,153.38
SAN JOSE CA 95123 5 03/26/03 00
113030014 05 05/01/03 0
113030014 O 04/01/33
0
8653035 956/956 F 380,000.00 ZZ
360 379,621.71 1
6.000 2,278.29 63
5.750 2,278.29
ENCINITAS CA 92024 2 04/06/03 00
213030096 03 06/01/03 0
213030096 O 05/01/33
0
8653051 956/956 F 390,000.00 ZZ
360 389,221.56 1
6.000 2,338.25 30
5.750 2,338.25
SARATOGA CA 95070 2 03/28/03 00
513020062 05 05/01/03 0
513020062 O 04/01/33
0
8653057 956/956 F 402,000.00 ZZ
360 400,695.12 1
6.000 2,410.19 61
5.750 2,410.19
SUNNYVALE CA 94087 5 04/02/03 00
613020230 05 05/01/03 0
613020230 O 04/01/33
0
8653061 956/956 F 597,600.00 ZZ
360 596,349.15 1
5.750 3,487.43 80
5.500 3,487.43
GLENDALE CA 91207 1 03/31/03 00
613030159 05 05/01/03 0
613030159 O 04/01/33
0
8653063 956/956 F 355,500.00 ZZ
360 355,146.10 1
6.000 2,131.40 65
5.750 2,131.40
1
SANTA ANA CA 92705 2 04/09/03 00
613030205 05 06/01/03 0
613030205 O 05/01/33
0
8653065 956/956 F 380,000.00 ZZ
360 379,020.11 1
5.875 2,247.84 70
5.625 2,247.84
FREMONT CA 94536 2 03/21/03 00
713020071 03 05/01/03 0
713020071 O 04/01/33
0
8653373 A39/G01 F 434,000.00 ZZ
360 433,588.21 1
6.250 2,672.21 38
6.000 2,672.21
WESTLAKE VILLAG CA 91362 2 04/22/03 00
0435756424 03 06/01/03 0
2300845RFC O 05/01/33
0
8654177 964/G01 F 384,000.00 ZZ
360 383,617.73 1
6.000 2,302.27 53
5.750 2,302.27
SAN JOSE CA 95135 2 04/02/03 00
0435802699 05 06/01/03 0
364864 O 05/01/33
0
8654215 964/G01 F 391,300.00 ZZ
360 390,901.05 1
5.875 2,314.69 70
5.625 2,314.69
SAN LUIS OBISPO CA 93405 5 04/16/03 00
0435741533 05 06/01/03 0
379490 O 05/01/33
0
8654219 964/G01 F 390,000.00 ZZ
360 389,592.81 1
5.750 2,275.94 49
5.500 2,275.94
SAN FRANCISCO CA 94132 2 04/11/03 00
0435867734 05 06/01/03 0
380023 O 05/01/33
0
1
8654231 964/G01 F 390,000.00 ZZ
360 389,592.81 1
5.750 2,275.94 68
5.500 2,275.94
UNION CITY CA 94587 2 04/16/03 00
0435730056 05 06/01/03 0
380707 O 05/01/33
0
8654255 964/G01 F 392,000.00 ZZ
360 391,590.72 1
5.750 2,287.61 63
5.500 2,287.61
SAN JOSE CA 95148 2 04/16/03 00
0435758891 05 06/01/03 0
381562 O 05/01/33
0
8654295 964/G01 F 544,000.00 ZZ
360 543,445.36 1
5.875 3,217.97 80
5.625 3,217.97
SAN FRANCISCO CA 94127 2 04/16/03 00
0435742671 05 06/01/03 0
389452 O 05/01/33
0
8654299 964/G01 F 364,800.00 ZZ
360 364,436.84 1
6.000 2,187.16 67
5.750 2,187.16
BEND OR 97702 1 04/09/03 00
0435739131 03 06/01/03 0
392244 O 05/01/33
0
8654651 696/G01 F 393,300.00 ZZ
360 392,899.01 1
5.875 2,326.52 63
5.625 2,326.52
HYATTSVILLE MD 20782 2 04/14/03 00
0435732060 05 06/01/03 0
25803045 O 05/01/33
0
8655347 L96/G01 F 535,000.00 ZZ
360 534,454.54 1
1
5.875 3,164.73 58
5.625 3,164.73
LOS ANGELES CA 91367 1 04/18/03 00
0435777503 03 06/01/03 0
4043370000 O 05/01/33
0
8655503 E22/G01 F 548,000.00 ZZ
360 547,441.29 1
5.875 3,241.63 50
5.625 3,241.63
FOSTER CITY CA 94404 2 04/16/03 00
0414762039 05 06/01/03 0
0414762039 O 05/01/33
0
8655519 E22/G01 F 399,950.00 ZZ
360 399,542.23 1
5.875 2,365.86 31
5.625 2,365.86
SAN JOSE CA 95125 2 04/21/03 00
0418655519 05 06/01/03 0
0416209963 O 05/01/33
0
8655533 E22/G01 F 380,000.00 ZZ
360 379,621.71 1
6.000 2,278.29 42
5.750 2,278.29
PETALUMA CA 94952 5 04/16/03 00
0416325553 05 06/01/03 0
0416325553 O 05/01/33
0
8655739 E22/G01 F 375,000.00 ZZ
360 374,617.67 1
5.875 2,218.27 70
5.625 2,218.27
FRESNO CA 93727 5 04/22/03 00
0416620847 05 06/01/03 0
0416620847 O 05/01/33
0
8655747 E22/G01 F 385,000.00 ZZ
360 384,588.41 1
5.625 2,216.28 72
5.375 2,216.28
BARTLETT TN 38135 2 04/24/03 00
0416621886 05 06/01/03 0
1
0416621886 O 05/01/33
0
8655805 E22/G01 F 395,000.00 ZZ
360 394,606.78 1
6.000 2,368.22 70
5.750 2,368.22
GILROY CA 95020 1 04/18/03 00
0416643724 05 06/01/03 0
0416643724 O 05/01/33
0
8655929 E22/G01 F 380,400.00 ZZ
360 380,012.17 1
5.875 2,250.21 60
5.625 2,250.21
BERKELEY CA 94708 1 04/21/03 00
0416739381 05 06/01/03 0
0416739381 O 05/01/33
0
8656059 E22/G01 F 910,000.00 ZZ
360 909,072.22 1
5.875 5,382.99 70
5.625 5,382.99
HERMOSA BEACH CA 90254 2 04/16/03 00
0416828846 05 06/01/03 0
0416828846 O 05/01/33
0
8657699 757/G01 F 584,000.00 ZZ
360 583,418.62 1
6.000 3,501.38 68
5.750 3,501.38
RESTON VA 20194 2 04/25/03 00
0435815709 03 06/01/03 0
1001374071 O 05/01/33
0
8658231 E22/G01 F 340,000.00 ZZ
360 339,645.02 1
5.750 1,984.15 80
5.500 1,984.15
ENTIAT WA 98822 5 04/28/03 00
0415871326 05 06/01/03 0
0415871326 O 05/01/33
0
1
8658383 E22/G01 F 592,000.00 ZZ
360 591,396.43 1
5.875 3,501.90 77
5.625 3,501.90
NOVATO CA 94945 2 04/23/03 00
0416534568 05 06/01/03 0
0416534568 O 05/01/33
0
8658453 E22/G01 F 366,700.00 ZZ
360 366,352.07 1
6.250 2,257.83 79
6.000 2,257.83
SAN JOSE CA 95119 2 04/21/03 00
0416609261 05 06/01/03 0
0416609261 O 05/01/33
0
8658641 E22/G01 F 391,000.00 ZZ
360 390,591.77 1
5.750 2,281.77 79
5.500 2,281.77
MARINA CA 93933 2 04/16/03 00
0416380293 05 06/01/03 0
0416380293 O 05/01/33
0
8658703 E22/G01 F 365,000.00 ZZ
360 364,608.94 1
5.625 2,101.15 50
5.375 2,101.15
PLEASANTON CA 94566 1 04/21/03 00
0416813251 05 06/01/03 0
0416813251 O 05/01/33
0
8658709 E22/G01 F 365,000.00 ZZ
360 364,627.87 1
5.875 2,159.11 69
5.625 2,159.11
CHULA VISTA CA 91913 5 04/25/03 00
0416814267 03 06/01/03 0
0416814267 O 05/01/33
0
8658821 E82/G01 F 296,400.00 ZZ
360 296,400.00 1
5.875 1,753.32 60
5.625 1,753.32
1
VALENCIA CA 91355 2 04/25/03 00
0400809299 03 07/01/03 0
0400809299 O 06/01/33
0
8658841 E82/G01 F 253,500.00 ZZ
360 253,241.54 1
5.875 1,499.55 57
5.625 1,499.55
LOCUST VALLEY NY 11560 2 04/28/03 00
0400807913 05 06/01/03 0
0400807913 O 05/01/33
0
8658895 E82/G01 F 293,000.00 ZZ
360 293,000.00 1
6.250 1,804.05 47
6.000 1,804.05
STATEN ISLAND NY 10309 2 04/28/03 00
0400772604 05 07/01/03 0
0400772604 O 06/01/33
0
8658901 E82/G01 F 348,500.00 ZZ
360 348,500.00 1
6.000 2,089.43 59
5.750 2,089.43
ORANGE CA 92869 2 04/24/03 00
0400819363 05 07/01/03 0
0400819363 O 06/01/33
0
8658929 E82/G01 F 216,400.00 ZZ
360 216,400.00 1
6.000 1,297.43 55
5.750 1,297.43
WOODLAND HILLS CA 91364 5 04/25/03 00
0400817334 05 07/01/03 0
0400817334 O 06/01/33
0
8659397 Y26/G01 F 390,400.00 ZZ
360 390,020.56 1
6.125 2,372.11 80
5.875 2,372.11
RANCHO SANTA MA CA 92688 2 04/08/03 00
0435778436 03 06/01/03 0
110102574 O 05/01/33
0
1
8661323 964/G01 F 382,000.00 ZZ
360 381,601.17 1
5.750 2,229.25 80
5.500 2,229.25
DALY CITY CA 94015 2 04/21/03 00
0435747837 05 06/01/03 0
382713 O 05/01/33
0
8661327 964/G01 F 389,000.00 ZZ
360 388,593.86 1
5.750 2,270.10 70
5.500 2,270.10
SAN RAFAEL CA 94903 2 04/16/03 00
0435753124 05 06/01/03 0
382720 O 05/01/33
0
8661361 964/G01 F 388,000.00 ZZ
360 387,604.41 1
5.875 2,295.17 46
5.625 2,295.17
GREENBRAE CA 94904 2 04/22/03 00
0435749551 05 06/01/03 0
386559 O 05/01/33
0
8661365 964/G01 F 360,000.00 ZZ
360 359,641.62 1
6.000 2,158.38 60
5.750 2,158.38
SAN JOSE CA 95124 1 04/21/03 00
0435749346 05 06/01/03 0
396471 O 05/01/33
0
8661373 964/G01 F 396,000.00 ZZ
360 395,596.26 1
5.875 2,342.49 80
5.625 2,342.49
OAKLAND CA 94619 1 04/23/03 00
0435743125 05 06/01/03 0
397105 O 05/01/33
0
8661381 964/G01 F 395,000.00 ZZ
360 394,616.09 1
1
6.125 2,400.06 47
5.875 2,400.06
SAN JOSE CA 95120 5 04/10/03 00
0435743695 05 06/01/03 0
358927 O 05/01/33
0
8661383 964/G01 F 1,000,000.00 ZZ
360 999,004.49 1
6.000 5,995.51 52
5.750 5,995.51
PLEASANTON CA 94566 2 04/16/03 00
0435752290 05 06/01/03 0
354138 O 05/01/33
0
8661421 964/G01 F 397,000.00 ZZ
360 396,585.50 1
5.750 2,316.79 47
5.500 2,316.79
SAN RAMON CA 94583 2 04/17/03 00
0435743208 03 06/01/03 0
380638 O 05/01/33
0
8661459 964/G01 F 395,000.00 ZZ
360 394,587.60 1
5.750 2,305.11 46
5.500 2,305.11
FOSTER CITY CA 94404 2 04/22/03 00
0435751516 03 06/01/03 0
382479 O 05/01/33
0
8661619 X51/G01 F 379,000.00 ZZ
360 378,613.59 1
5.875 2,241.93 57
5.625 2,241.93
PALM SPRINGS CA 92262 5 04/24/03 00
0435784566 05 06/01/03 0
0030318005 O 05/01/33
0
8661785 X89/G01 F 394,000.00 ZZ
360 393,598.30 1
5.875 2,330.66 80
5.625 2,330.66
FOUNTAIN VALLEY CA 92708 1 04/23/03 00
0435741475 05 06/01/03 0
1
8000014 O 05/01/33
0
8662323 696/G01 F 840,000.00 ZZ
360 839,143.58 1
5.875 4,968.92 80
5.625 4,968.92
POTOMAC MD 20854 1 04/29/03 00
0435748322 05 06/01/03 0
32703049 O 05/01/33
0
8662329 696/G01 F 586,400.00 ZZ
360 585,802.14 1
5.875 3,468.78 80
5.625 3,468.78
RESTON VA 20190 1 04/29/03 00
0435747753 03 06/01/03 0
23303065 O 05/01/33
0
8662345 696/G01 F 540,000.00 ZZ
360 539,462.43 1
6.000 3,237.57 80
5.750 3,237.57
FORT WASHINGTON MD 20744 2 04/23/03 00
0435737598 05 06/01/03 0
30303110 O 05/01/33
0
8662375 N47/G01 F 350,000.00 ZZ
360 349,667.91 1
6.250 2,155.01 59
6.000 2,155.01
EL CAJON CA 92019 5 04/22/03 00
0435874565 05 06/01/03 0
30504587 O 05/01/33
0
8662555 E11/G01 F 405,000.00 ZZ
360 404,596.82 1
6.000 2,428.18 61
5.750 2,428.18
ORONO MN 55356 5 04/25/03 00
0435789201 05 06/01/03 0
0003001056300 O 05/01/33
0
1
8662597 N47/G01 F 550,000.00 ZZ
360 549,452.47 1
6.000 3,297.53 68
5.750 3,297.53
SOLANA BEACH CA 92075 2 04/22/03 00
0435781992 05 06/01/03 0
30504386 O 05/01/33
0
8663869 E22/G01 F 547,000.00 ZZ
360 546,455.46 1
6.000 3,279.54 74
5.750 3,279.54
ALTADENA CA 91001 2 04/17/03 00
0416534139 05 06/01/03 0
0416534139 O 05/01/33
0
8663917 E22/G01 F 420,000.00 ZZ
360 419,591.79 1
6.125 2,551.96 80
5.875 2,551.96
R. SANTA MARGAR CA 92688 2 04/22/03 00
0416798502 03 06/01/03 0
0416798502 O 05/01/33
0
8664255 X89/G01 F 425,000.00 ZZ
360 424,523.77 1
5.375 2,379.88 61
5.125 2,379.88
NIPOMO CA 93444 5 04/18/03 00
0435745146 05 06/01/03 0
2003528 O 05/01/33
0
8664335 758/G01 F 360,000.00 ZZ
360 359,632.96 1
5.875 2,129.54 54
5.625 2,129.54
LONGMONT CO 80503 1 04/21/03 00
0435789144 05 06/01/03 0
850019 O 05/01/33
0
8666053 D03/D03 F 740,000.00 ZZ
360 739,227.39 1
5.750 4,318.44 68
5.500 4,318.44
1
STANFORD CA 94305 2 04/28/03 00
1030003237 05 06/01/03 0
1030003237 O 05/01/33
0
8666151 952/G01 F 425,000.00 ZZ
360 424,566.69 1
5.875 2,514.04 73
5.625 2,514.04
RINGWOOD NJ 07456 2 04/28/03 00
0435791546 05 06/01/03 0
03001851 O 05/01/33
0
8666217 964/G01 F 399,000.00 ZZ
360 398,612.19 1
6.125 2,424.37 50
5.875 2,424.37
SAN CARLOS CA 94070 5 04/09/03 00
0435747688 05 06/01/03 0
355780 O 05/01/33
0
8666221 964/G01 F 552,500.00 ZZ
360 551,936.70 1
5.875 3,268.25 51
5.625 3,268.25
CUPERTINO CA 95014 2 04/22/03 00
0435770482 05 06/01/03 0
375580 O 05/01/33
0
8666229 964/G01 F 350,000.00 ZZ
360 349,634.57 1
5.750 2,042.51 33
5.500 2,042.51
ALAMO CA 94507 2 04/24/03 00
0435790415 03 06/01/03 0
379941 O 05/01/33
0
8666263 964/G01 F 373,600.00 ZZ
360 373,219.09 1
5.875 2,209.99 80
5.625 2,209.99
ALBANY CA 94706 1 04/21/03 00
0435773940 05 06/01/03 0
408634 O 05/01/33
0
1
8666279 964/G01 F 395,000.00 ZZ
360 394,597.27 1
5.875 2,336.58 44
5.625 2,336.58
MILLBRAE CA 94030 2 04/21/03 00
0435750666 05 06/01/03 0
384138 O 05/01/33
0
8666285 964/G01 F 575,000.00 ZZ
360 574,413.76 1
5.875 3,401.34 48
5.625 3,401.34
DISCOVERY BAY CA 94514 2 04/18/03 00
0435750906 03 06/01/03 0
385066 O 05/01/33
0
8666299 964/G01 F 582,200.00 ZZ
360 581,620.42 1
6.000 3,490.58 69
5.750 3,490.58
LAGUNA BEACH CA 92651 2 04/21/03 00
0435764816 05 06/01/03 0
361724 O 05/01/33
0
8666325 964/G01 F 375,000.00 ZZ
360 374,626.69 1
6.000 2,248.31 60
5.750 2,248.31
SAN JOSE CA 95127 5 04/25/03 00
0435759238 05 06/01/03 0
387968 O 05/01/33
0
8666377 B57/G01 F 378,500.00 ZZ
360 378,123.20 1
6.000 2,269.30 44
5.750 2,269.30
BEVERLY HILLS CA 90210 5 04/22/03 00
0435784301 05 06/01/03 0
10011716 O 05/01/33
0
8666453 964/G01 F 391,000.00 ZZ
360 390,610.76 1
1
6.000 2,344.24 67
5.750 2,344.24
ALAMEDA CA 94501 2 04/22/03 00
0435751995 05 06/01/03 0
357792 O 05/01/33
0
8666851 P09/G01 F 419,000.00 ZZ
360 418,562.54 1
5.750 2,445.17 70
5.500 2,445.17
OWINGS MILLS MD 21117 2 04/21/03 00
0435773221 05 06/01/03 0
COLTON O 05/01/33
0
8667131 964/G01 F 392,500.00 ZZ
360 392,099.82 1
5.875 2,321.79 45
5.625 2,321.79
LOS GATOS CA 95030 2 04/18/03 00
0435750781 05 06/01/03 0
383526 O 05/01/33
0
8667225 E22/G01 F 380,000.00 ZZ
360 379,603.25 1
5.750 2,217.58 80
5.500 2,217.58
GRANADA HILLS ( CA 91344 1 04/25/03 00
0416241800 05 06/01/03 0
0416241800 O 05/01/33
0
8667425 E22/G01 F 371,300.00 ZZ
360 370,930.37 1
6.000 2,226.13 65
5.750 2,226.13
AUSTIN TX 78735 5 04/28/03 00
0416633352 05 06/01/03 0
0416633352 O 05/01/33
0
8667459 E22/G01 F 650,000.00 ZZ
360 649,321.36 1
5.750 3,793.22 56
5.500 3,793.22
NEWPORT BEACH CA 92625 1 04/08/03 00
0416641132 05 06/01/03 0
1
0416641132 O 05/01/33
0
8667573 E22/G01 F 584,000.00 ZZ
360 584,000.00 1
6.000 3,501.38 80
5.750 3,501.38
CINCINNATI OH 45202 1 05/02/03 00
0416939171 01 07/01/03 0
0416939171 O 06/01/33
0
8667639 E82/G01 F 238,500.00 ZZ
360 238,262.57 1
6.000 1,429.93 30
5.750 1,429.93
OYSTER BAY NY 11771 2 04/29/03 00
0400796637 05 06/01/03 0
0400796637 O 05/01/33
0
8667651 E82/G01 F 268,000.00 ZZ
360 268,000.00 1
6.125 1,628.40 52
5.875 1,628.40
SAN JOSE CA 95135 2 04/28/03 00
0400820320 01 07/01/03 0
0400820320 O 06/01/33
0
8667655 E82/G01 F 388,200.00 ZZ
360 388,200.00 1
5.875 2,296.35 59
5.625 2,296.35
LA JOLLA CA 92037 2 04/28/03 00
0400822698 01 07/01/03 0
0400822698 O 06/01/33
0
8667657 E82/G01 F 250,800.00 ZZ
360 250,800.00 1
5.875 1,483.58 67
5.625 1,483.58
LOS ANGELES CA 91604 2 04/28/03 00
0400819769 05 07/01/03 0
0400819769 O 06/01/33
0
1
8667659 E82/G01 F 423,900.00 ZZ
360 423,900.00 1
6.000 2,541.49 59
5.750 2,541.49
LAGUNA HILLS CA 92653 2 04/28/03 00
0400812335 03 07/01/03 0
0400812335 O 06/01/33
0
8667667 E82/G01 F 651,500.00 ZZ
360 651,500.00 1
6.000 3,906.07 73
5.750 3,906.07
BERKELEY CA 94708 2 04/28/03 00
0400805792 05 07/01/03 0
0400805792 O 06/01/33
0
8667677 E82/G01 F 315,000.00 ZZ
360 315,000.00 1
6.250 1,939.51 72
6.000 1,939.51
WHITTIER CA 90601 2 04/28/03 00
0400811055 05 07/01/03 0
0400811055 O 06/01/33
0
8667777 W68/G01 F 352,000.00 ZZ
360 351,649.58 1
6.000 2,110.42 21
5.750 2,110.42
SAN XXXX CAPIST CA 92675 2 04/08/03 00
0435815550 03 06/01/03 0
35553 O 05/01/33
0
8668259 B57/G01 F 372,000.00 ZZ
360 371,620.73 1
5.875 2,200.52 38
5.625 2,200.52
LOS ANGELES CA 90069 2 04/14/03 00
0435784350 05 06/01/03 0
10011046 O 05/01/33
0
8668463 944/G01 F 671,500.00 ZZ
360 670,815.37 1
5.875 3,972.18 68
5.625 3,972.18
1
BELLEVUE WA 98005 2 04/23/03 00
0435812789 05 06/01/03 0
X00000000 O 05/01/33
0
8669223 X89/G01 F 984,000.00 ZZ
360 982,972.64 1
5.750 5,742.36 65
5.500 5,742.36
WOODLAND HILLS CA 91367 2 04/18/03 00
0435820048 05 06/01/03 0
2002027 O 05/01/33
0
8669227 P21/G01 F 472,500.00 ZZ
360 472,018.26 1
5.875 2,795.02 61
5.625 2,795.02
BOCA RATON FL 33496 2 04/24/03 00
0435873070 03 06/01/03 0
0303037 O 05/01/33
0
8669303 R65/G01 F 465,000.00 ZZ
360 464,537.09 1
6.000 2,787.91 53
5.750 2,787.91
VIENNA VA 22180 2 04/29/03 00
0435862420 05 06/01/03 0
7824443000 O 05/01/33
0
8669547 F25/G01 F 476,000.00 ZZ
360 475,514.70 1
5.875 2,815.72 80
5.625 2,815.72
TUCKAHOE NY 10707 2 04/25/03 00
0435795422 05 06/01/03 0
1 O 05/01/33
0
8672891 E22/G01 F 338,000.00 ZZ
360 337,655.39 1
5.875 1,999.40 62
5.625 1,999.40
EAST BRUNSWICK NJ 08816 2 04/30/03 00
0416651263 05 06/01/03 0
0416651263 O 05/01/33
0
1
8672907 E22/G01 F 181,000.00 ZZ
360 180,828.26 1
6.250 1,114.45 70
6.000 1,114.45
CROMWELL CT 06416 2 04/30/03 00
0416674786 05 06/01/03 0
0416674786 O 05/01/33
0
8673063 E22/G01 F 650,000.00 ZZ
360 649,337.29 1
5.875 3,845.00 21
5.625 3,845.00
MOUNT PLEASANT SC 29464 5 04/29/03 00
0416818284 05 06/01/03 0
0416818284 O 05/01/33
0
8673155 E22/G01 F 352,500.00 ZZ
360 352,123.15 1
5.625 2,029.19 75
5.375 2,029.19
LAGUNA HILLS CA 92653 1 04/24/03 00
0416884641 05 06/01/03 0
0416884641 O 05/01/33
0
8673185 E22/G01 F 597,144.00 ZZ
360 596,549.54 1
6.000 3,580.18 74
5.750 3,580.18
BOUNTIFUL UT 84010 2 04/25/03 00
0416935534 05 06/01/03 0
0416935534 O 05/01/33
0
8673247 E22/G01 F 184,800.00 ZZ
360 184,800.00 1
5.750 1,078.44 80
5.500 1,078.44
CORVALLIS OR 97330 1 05/01/03 00
0417039658 05 07/01/03 0
0417039658 O 06/01/33
0
8673307 E82/G01 F 374,650.00 ZZ
360 374,650.00 1
1
6.125 2,276.41 55
5.875 2,276.41
STAFFORD VA 22554 2 05/02/03 00
0400800389 05 07/01/03 0
0400800389 O 06/01/33
0
8673349 E82/G01 F 236,500.00 ZZ
360 236,500.00 1
5.875 1,398.99 54
5.625 1,398.99
HIGHLANDS RANCH CO 80126 2 05/02/03 00
0400829743 05 07/01/03 0
0400829743 O 06/01/33
0
8673353 E82/G01 F 264,200.00 ZZ
360 264,200.00 1
5.875 1,562.84 46
5.625 1,562.84
FAIRHAVEN NJ 07704 2 05/02/03 00
0400807970 05 07/01/03 0
0400807970 O 06/01/33
0
8674417 X89/G01 F 388,000.00 ZZ
360 387,604.41 1
5.875 2,295.17 52
5.625 2,295.17
SAN DIEGO CA 92128 5 04/24/03 00
0435761507 03 06/01/03 0
2004361 O 05/01/33
0
8675435 P21/G01 F 441,600.00 ZZ
360 441,180.99 1
6.250 2,719.01 80
6.000 2,719.01
SAN JOSE CA 95124 2 04/24/03 00
0435775259 05 06/01/03 0
0304064 O 05/01/33
0
8675451 F25/G01 F 500,000.00 ZZ
360 500,000.00 1
5.875 2,957.69 62
5.625 2,957.69
ENGLEWOOD NJ 07631 2 05/05/03 00
0435782156 05 07/01/03 0
1
018504783 O 06/01/33
0
8675503 253/253 F 390,000.00 ZZ
360 389,602.38 1
5.875 2,307.00 50
5.625 2,307.00
SAN JOSE CA 95125 2 04/28/03 00
468744 05 06/01/03 0
468744 O 05/01/33
0
8675515 N47/G01 F 420,000.00 ZZ
360 419,581.89 1
6.000 2,518.11 80
5.750 2,518.11
BEN LOMOND CA 95005 2 04/14/03 00
0435814264 05 06/01/03 0
20504854 O 05/01/33
0
8675647 944/G01 F 375,000.00 ZZ
360 374,608.48 1
5.750 2,188.40 38
5.500 2,188.40
ENCINITAS CA 92024 2 04/21/03 00
0435871926 05 06/01/03 0
W02041588 O 05/01/33
0
8675685 M37/G01 F 506,268.00 ZZ
360 505,764.01 1
6.000 3,035.33 80
5.750 3,035.33
CHEYENNE WY 82009 1 04/30/03 00
0435808563 05 06/01/03 0
0018375048 O 05/01/33
0
8675785 A06/G01 F 181,600.00 ZZ
360 181,423.49 1
6.125 1,103.43 80
5.875 1,103.43
BEVERLY HILLS MI 48025 2 04/29/03 00
0435847108 05 06/01/03 0
1000020305546 O 05/01/33
0
1
8675793 Y26/G01 F 356,250.00 ZZ
360 355,886.79 1
5.875 2,107.35 75
5.625 2,107.35
VENTURA CA 93001 5 04/11/03 00
0435782560 05 06/01/03 0
931002912 O 05/01/33
0
8675799 D03/D03 F 350,500.00 ZZ
360 350,167.43 1
6.250 2,158.09 53
6.000 2,158.09
CUPERTINO CA 95014 2 04/23/03 00
NISHI1030003256 03 06/01/03 0
NISHI1030003256 O 05/01/33
0
8675943 356/356 F 365,000.00 ZZ
360 364,063.02 1
6.125 2,217.78 45
5.875 2,217.78
SAN MATEO CA 94402 2 04/01/03 00
3069135 05 06/01/03 0
3069135 O 05/01/33
0
8676507 E22/G01 F 495,000.00 ZZ
360 494,495.33 1
5.875 2,928.11 56
5.625 2,928.11
KIRKLAND WA 98033 5 04/30/03 00
0416767655 05 06/01/03 0
0416767655 O 05/01/33
0
8676595 E22/G01 F 947,000.00 ZZ
360 947,000.00 1
5.875 5,601.86 66
5.625 5,601.86
LOS ALTOS CA 94022 2 04/28/03 00
0416481141 05 07/01/03 0
0416481141 O 06/01/33
0
8676709 E22/G01 F 340,000.00 ZZ
360 339,677.39 1
6.250 2,093.44 76
6.000 2,093.44
1
MILPITAS CA 95035 2 04/28/03 00
0416877975 05 06/01/03 0
0416877975 O 05/01/33
0
8676815 E22/G01 F 129,000.00 ZZ
360 128,868.48 1
5.875 763.08 83
5.625 763.08
EATONVILLE WA 98328 2 04/28/03 04
0416904068 05 06/01/03 12
0416904068 O 05/01/33
0
8676913 E22/G01 F 383,500.00 ZZ
360 383,109.00 1
5.875 2,268.55 54
5.625 2,268.55
HALLANDALE FL 33009 2 05/01/03 00
0416961126 05 06/01/03 0
0416961126 O 05/01/33
0
8676929 E11/G01 F 507,500.00 ZZ
360 506,982.59 1
5.875 3,002.05 70
5.625 3,002.05
SAINT XXXX MN 55116 5 04/23/03 00
0435811997 05 06/01/03 0
30010558 O 05/01/33
0
8676941 E82/G01 F 202,750.00 ZZ
360 202,750.00 1
6.125 1,231.93 82
5.875 1,231.93
BYRAM NJ 07821 2 05/01/03 10
0400811386 05 07/01/03 12
0400811386 O 06/01/33
0
8676959 E82/G01 F 315,000.00 ZZ
360 315,000.00 1
6.125 1,913.97 77
5.875 1,913.97
VENICE CA 90291 2 04/30/03 00
0400799862 05 07/01/03 0
0400799862 O 06/01/33
0
1
8677057 964/G01 F 389,883.00 ZZ
360 389,494.87 1
6.000 2,337.55 69
5.750 2,337.55
DAVIS CA 95616 5 04/24/03 00
0435775283 03 06/01/03 0
385257 O 05/01/33
0
8677395 B84/G01 F 425,000.00 ZZ
360 424,556.27 1
5.750 2,480.19 74
5.500 2,480.19
ATLANTA GA 30319 1 04/03/03 00
0435774419 03 06/01/03 0
1001378734 O 05/01/33
0
8678499 M82/G01 F 341,700.00 ZZ
360 341,359.84 1
6.000 2,048.66 69
5.750 2,048.66
ALPHARETTA GA 30004 2 04/28/03 00
0435776000 03 06/01/03 0
10217 O 05/01/33
0
8678531 G27/G01 F 524,250.00 T
360 523,776.07 1
6.500 3,313.62 75
6.250 3,313.62
BIG BEAR LAKE CA 92315 1 04/22/03 00
0435786041 05 06/01/03 0
20003167 O 05/01/33
0
8679691 S11/G01 F 205,000.00 ZZ
360 204,800.75 1
6.125 1,245.60 55
5.875 1,245.60
BREA CA 92821 2 04/24/03 00
0435785357 05 06/01/03 0
10300817 O 05/01/33
0
8679733 K21/G01 F 393,700.00 ZZ
360 393,298.61 1
1
5.875 2,328.88 76
5.625 2,328.88
SONORA CA 95370 5 04/15/03 00
0435772215 05 06/01/03 0
0222832 O 05/01/33
0
8679737 X89/G01 F 750,000.00 ZZ
360 749,235.34 1
5.875 4,436.53 69
5.625 4,436.53
OAKLAND CA 94618 2 04/29/03 00
0435915889 05 06/01/03 0
2001105 O 05/01/33
0
8679751 956/956 F 400,000.00 ZZ
360 400,000.00 1
5.750 2,334.29 58
5.500 2,334.29
CANTON MA 02021 2 05/01/03 00
2813040007 05 07/01/03 0
2813040007 O 06/01/33
0
8679761 956/956 F 379,000.00 ZZ
360 378,622.70 1
6.000 2,272.30 68
5.750 2,272.30
CAMARILLO CA 93010 2 04/18/03 00
2913030098 05 06/01/03 0
2913030098 O 05/01/33
0
8679767 956/956 F 356,000.00 ZZ
360 355,637.05 1
5.875 2,105.87 75
5.625 2,105.87
AGOURA HILLS CA 91301 5 04/15/03 00
2913040026 05 06/01/03 0
2913040026 O 05/01/33
0
8679779 956/956 F 416,000.00 ZZ
360 415,565.67 1
5.750 2,427.66 70
5.500 2,427.66
ORONO MN 55356 5 04/29/03 00
3513040004 05 06/01/03 0
1
3513040004 O 05/01/33
0
8679793 956/956 F 435,500.00 ZZ
360 435,045.31 1
5.750 2,541.46 80
5.500 2,541.46
BROADVIEW HEIGH OH 44147 2 04/18/03 00
3813040041 05 06/01/03 0
3813040041 O 05/01/33
0
8679817 956/956 F 650,000.00 ZZ
360 649,337.29 1
5.875 3,845.00 79
5.625 3,845.00
BOULDER CO 80301 2 04/08/03 00
0000000000 03 06/01/03 0
0000000000 O 05/01/33
0
8679821 956/956 F 445,000.00 ZZ
360 444,535.39 1
5.750 2,596.90 74
5.500 2,596.90
GLENCOE IL 60022 2 04/10/03 00
4313030177 05 06/01/03 0
4313030177 O 05/01/33
0
8679885 956/956 F 361,000.00 ZZ
360 360,631.95 1
5.875 2,135.45 69
5.625 2,135.45
UNION CITY CA 94587 5 04/17/03 00
713040025 05 06/01/03 0
713040025 O 05/01/33
0
8679899 956/956 F 400,000.00 ZZ
360 399,582.38 1
5.750 2,334.29 77
5.500 2,334.29
AKRON OH 44319 2 04/09/03 00
4313030480 05 06/01/03 0
4313030480 O 05/01/33
0
1
8679905 956/956 F 345,000.00 ZZ
360 344,631.18 1
5.625 1,986.01 54
5.375 1,986.01
PALOS PARK IL 60464 2 04/04/03 00
4313030644 05 06/01/03 0
4313030644 O 05/01/33
0
8679935 956/956 F 436,000.00 ZZ
360 435,544.79 1
5.750 2,544.38 68
5.500 2,544.38
FAIRFAX VA 22032 2 04/30/03 00
4413040027 05 06/01/03 0
4413040027 O 05/01/33
0
8679949 956/956 F 500,000.00 ZZ
360 499,477.97 1
5.750 2,917.86 68
5.500 2,917.86
ARLINGTON HEIGH IL 60004 2 04/23/03 00
0000000000 05 06/01/03 0
0000000000 O 05/01/33
0
8679951 956/956 F 400,000.00 ZZ
360 399,582.38 1
5.750 2,334.29 80
5.500 2,334.29
SAN CARLOS CA 94070 2 04/30/03 00
5313030038 05 06/01/03 0
5313030038 O 05/01/33
0
8679993 956/956 F 402,000.00 ZZ
360 401,590.14 1
5.875 2,377.98 67
5.625 2,377.98
FREEHOLD BORO NJ 07728 5 04/25/03 00
913040006 05 06/01/03 0
913040006 O 05/01/33
0
8680007 956/956 F 409,600.00 ZZ
360 409,172.36 1
5.750 2,390.31 80
5.500 2,390.31
1
SEDONA AZ 86351 2 04/04/03 00
1113030470 03 06/01/03 0
1113030470 O 05/01/33
0
8680015 956/956 F 394,800.00 ZZ
360 394,187.80 1
5.750 2,303.95 49
5.500 2,303.95
VILLA PARK CA 92861 2 04/10/03 00
1113030807 05 06/01/03 0
1113030807 O 05/01/33
0
8680033 956/956 F 488,000.00 ZZ
360 487,490.49 1
5.750 2,847.84 80
5.500 2,847.84
PARK CITY UT 84098 2 04/03/03 00
1113040273 05 06/01/03 0
1113040273 O 05/01/33
0
8680035 956/956 F 338,000.00 ZZ
360 337,655.39 1
5.875 1,999.40 66
5.625 1,999.40
ARROYO GRANDE CA 93420 5 04/08/03 00
1113040283 05 06/01/03 0
1113040283 O 05/01/33
0
8680045 956/956 F 419,000.00 ZZ
360 418,562.54 1
5.750 2,445.17 70
5.500 2,445.17
REDMOND WA 98052 1 04/29/03 00
1313040214 03 06/01/03 0
1313040214 O 05/01/33
0
8680075 956/956 F 360,000.00 ZZ
360 359,632.96 1
5.875 2,129.54 75
5.625 2,129.54
WHITTIER CA 90602 5 04/15/03 00
1913030170 05 06/01/03 0
1913030170 O 05/01/33
0
1
8680111 956/956 F 400,000.00 ZZ
360 399,592.18 1
5.875 2,366.15 75
5.625 2,366.15
SACRAMENTO CA 95831 2 04/24/03 00
313040014 03 06/01/03 0
313040014 O 05/01/33
0
8680117 956/956 F 390,000.00 ZZ
360 389,592.82 1
5.750 2,275.93 53
5.500 2,275.93
DAVIS CA 95616 1 04/25/03 00
313040122 03 06/01/03 0
313040122 O 05/01/33
0
8680119 956/956 F 484,000.00 ZZ
360 483,494.68 1
5.750 2,824.49 70
5.500 2,824.49
SCOTTSDALE AZ 85255 2 04/24/03 00
413040070 03 06/01/03 0
413040070 O 05/01/33
0
8680127 956/956 F 390,000.00 ZZ
360 389,565.19 1
5.875 2,307.00 76
5.625 2,307.00
LOS ANGELES CA 90066 2 04/23/03 00
513030101 05 06/01/03 0
513030101 O 05/01/33
0
8680133 956/956 F 380,000.00 ZZ
360 379,612.58 1
5.875 2,247.84 74
5.625 2,247.84
SIMI VALLEY CA 93065 5 04/28/03 00
513040058 03 06/01/03 0
513040058 O 05/01/33
0
8680149 956/956 F 435,000.00 ZZ
360 434,089.49 1
1
5.750 2,538.54 60
5.500 2,538.54
MONTVALE NJ 07645 1 03/03/03 00
2713020325 05 05/01/03 0
2713020325 O 04/01/33
0
8680153 956/956 F 420,000.00 ZZ
360 419,520.70 1
5.750 2,451.01 67
5.500 2,451.01
MARLBOROUGH MA 01752 1 04/17/03 00
2713030188 05 06/01/03 0
2713030188 O 05/01/33
0
8680171 956/956 F 650,000.00 ZZ
360 649,337.29 1
5.875 3,845.00 44
5.625 3,845.00
DUXBURY MA 02332 5 04/09/03 00
2713030644 05 06/01/03 0
2713030644 O 05/01/33
0
8680435 M27/G01 F 350,000.00 ZZ
360 349,659.82 1
6.125 2,126.64 69
5.875 2,126.64
MANAKIN-SABOT VA 23103 1 05/01/03 00
0435841184 05 06/01/03 0
600926990 O 05/01/33
0
8680457 Q31/G01 F 388,000.00 ZZ
360 388,000.00 1
5.500 2,203.03 65
5.250 2,203.03
CORONA CA 92879 5 05/05/03 00
0435769948 05 07/01/03 0
SD884164 O 06/01/33
0
8680533 696/G01 F 892,000.00 ZZ
360 891,090.56 1
5.875 5,276.52 80
5.625 5,276.52
BETHESDA MD 20817 1 04/30/03 00
0435777313 05 06/01/03 0
1
30203087 O 05/01/33
0
8681801 E22/G01 F 727,500.00 ZZ
360 726,775.77 1
6.000 4,361.73 46
5.750 4,361.73
MILLBRAE CA 94030 2 04/02/03 00
0415975952 05 06/01/03 0
0415975952 O 05/01/33
0
8681807 E22/G01 F 365,500.00 ZZ
360 365,127.36 1
5.875 2,162.07 43
5.625 2,162.07
SAN FRANCISCO CA 94116 2 04/15/03 00
0416029411 07 06/01/03 0
0416029411 O 05/01/33
0
8681937 E22/G01 F 607,000.00 ZZ
360 606,381.14 1
5.875 3,590.63 78
5.625 3,590.63
SHORELINE WA 98177 2 04/29/03 00
0416456416 05 06/01/03 0
0416456416 O 05/01/33
0
8682013 E22/G01 F 525,000.00 ZZ
360 525,000.00 1
5.875 3,105.57 42
5.625 3,105.57
GRANITE BAY CA 95746 5 04/30/03 00
0416591253 03 07/01/03 0
0416591253 O 06/01/33
0
8682069 E22/G01 F 385,000.00 ZZ
360 384,616.73 1
6.000 2,308.27 55
5.750 2,308.27
MORGAN HILL CA 95037 2 04/24/03 00
0416640886 05 06/01/03 0
0416640886 O 05/01/33
0
1
8682089 E22/G01 F 842,000.00 ZZ
360 842,000.00 1
6.000 5,048.22 67
5.750 5,048.22
POTOMAC MD 20854 2 05/02/03 00
0416650455 05 07/01/03 0
0416650455 O 06/01/33
0
8682183 E22/G01 F 737,650.00 ZZ
360 736,933.05 1
6.125 4,482.04 60
5.875 4,482.04
DALLAS TX 75230 2 05/01/03 00
0416712404 05 06/01/03 0
0416712404 O 05/01/33
0
8682299 E22/G01 F 394,000.00 ZZ
360 394,000.00 1
6.000 2,362.23 52
5.750 2,362.23
SOUTH SAN FRANC CA 94080 2 04/28/03 00
0416774602 03 07/01/03 0
0416774602 O 06/01/33
0
8682469 E22/G01 F 500,000.00 ZZ
360 500,000.00 1
5.875 2,957.69 56
5.625 2,957.69
CINCINNATI OH 45206 1 05/07/03 00
0416868008 05 07/01/03 0
0416868008 O 06/01/33
0
8682479 E22/G01 F 392,000.00 ZZ
360 392,000.00 1
6.000 2,350.24 54
5.750 2,350.24
SAN JOSE CA 95125 2 05/01/03 00
0416874204 05 07/01/03 0
0416874204 O 06/01/33
0
8682537 E22/G01 F 146,000.00 ZZ
360 145,851.14 1
5.875 863.65 75
5.625 863.65
1
PUYALLUP WA 98374 2 04/29/03 00
0416915932 05 06/01/03 0
0416915932 O 05/01/33
0
8682697 E82/G01 F 447,900.00 ZZ
360 447,900.00 1
5.875 2,649.50 64
5.625 2,649.50
SANTA FE NM 87501 2 05/05/03 00
0400813986 03 07/01/03 0
0400813986 O 06/01/33
0
8682701 E82/G01 F 632,400.00 ZZ
360 632,400.00 1
6.000 3,791.56 80
5.750 3,791.56
BEND OR 97702 2 05/05/03 00
0400813051 05 07/01/03 0
0400813051 O 06/01/33
0
8682759 E82/G01 F 218,300.00 ZZ
360 218,300.00 1
5.875 1,291.33 34
5.625 1,291.33
PALO ALTO CA 94303 2 05/02/03 00
0400827010 05 07/01/03 0
0400827010 O 06/01/33
0
8683011 N47/G01 F 400,000.00 ZZ
360 399,620.46 1
6.250 2,462.87 67
6.000 2,462.87
WALNUT CREEK CA 94598 2 04/24/03 00
0435777909 05 06/01/03 0
90501644 O 05/01/33
0
8683169 F34/G01 F 456,000.00 ZZ
360 456,000.00 1
5.875 2,697.41 80
5.625 2,697.41
CLIFTON VA 20124 1 05/05/03 00
0435786611 03 07/01/03 0
13301034 O 06/01/33
0
1
8683173 W35/G01 F 144,000.00 ZZ
360 143,546.79 1
5.750 840.35 80
5.500 840.35
FAIRFIELD OH 45014 1 03/17/03 00
0435797832 05 04/17/03 0
17967 O 03/17/33
0
8683543 G51/G01 F 445,000.00 ZZ
360 444,546.30 1
5.875 2,632.35 60
5.625 2,632.35
LOUISVILLE CO 80027 2 05/02/03 00
0435791264 03 06/01/03 0
07000575 O 05/01/33
0
8684067 B57/G01 F 577,000.00 ZZ
360 576,452.52 1
6.250 3,552.69 67
6.000 3,552.69
HUNTINGTON BEAC CA 92649 2 04/28/03 00
0435801139 03 06/01/03 0
35000566 O 05/01/33
0
8684069 356/356 F 391,000.00 ZZ
360 390,629.00 1
6.250 2,407.46 60
6.000 2,407.46
FREMONT CA 94539 2 04/10/03 00
29046091 05 06/01/03 0
29046091 O 05/01/33
0
8684343 356/356 F 339,000.00 ZZ
360 338,678.34 1
6.250 2,087.29 37
6.000 2,087.29
DANVILLE CA 94506 2 04/16/03 00
29027562 03 06/01/03 0
29027562 O 05/01/33
0
8684411 S11/G01 F 542,000.00 ZZ
360 541,460.44 1
1
6.000 3,249.56 68
5.750 3,249.56
TUSTIN CA 92782 2 04/25/03 00
0435785779 03 06/01/03 0
10300997 O 05/01/33
0
8684539 956/956 F 400,000.00 ZZ
360 399,601.80 1
6.000 2,398.20 73
5.750 2,398.20
INVERNESS IL 60067 2 04/18/03 00
4313040050 05 06/01/03 0
4313040050 O 05/01/33
0
8684705 956/956 F 647,200.00 ZZ
360 646,524.29 1
5.750 3,776.88 80
5.500 3,776.88
SAN DIEGO CA 92127 1 04/08/03 00
1113040044 03 06/01/03 0
1113040044 O 05/01/33
0
8684897 X89/G01 F 175,500.00 ZZ
360 175,500.00 1
6.000 1,052.21 44
5.750 1,052.21
FAIRFAX STATION VA 22039 2 05/01/03 00
0435800651 03 07/01/03 0
2005046 O 06/01/33
0
8685719 E82/G01 F 188,000.00 ZZ
360 188,000.00 1
6.000 1,127.15 71
5.750 1,127.15
GRANTS PASS OR 97527 2 05/07/03 00
0400820718 05 07/01/03 0
0400820718 O 06/01/33
0
8685753 E82/G01 F 370,000.00 ZZ
360 370,000.00 1
5.875 2,188.69 44
5.625 2,188.69
SAN JOSE CA 95125 2 05/03/03 00
0400830105 05 07/01/03 0
1
0400830105 O 06/01/33
0
8686773 E22/G01 F 438,000.00 ZZ
360 437,563.97 1
6.000 2,626.03 80
5.750 2,626.03
SIMI VALLEY CA 93065 2 04/19/03 00
0416572022 03 06/01/03 0
0416572022 O 05/01/33
0
8686885 E22/G01 F 367,600.00 ZZ
360 367,600.00 1
6.000 2,203.95 80
5.750 2,203.95
GRASS VALLEY CA 95945 1 05/05/03 00
0416666568 05 07/01/03 0
0416666568 O 06/01/33
0
8686971 E22/G01 F 268,000.00 ZZ
360 268,000.00 1
5.375 1,500.72 66
5.125 1,500.72
LAS VEGAS NV 89135 2 04/29/03 00
0416834224 03 07/01/03 0
0416834224 O 06/01/33
0
8686989 E22/G01 F 521,000.00 ZZ
360 521,000.00 1
5.875 3,081.91 70
5.625 3,081.91
SAN MATEO CA 94402 2 04/30/03 00
0416881373 05 07/01/03 0
0416881373 O 06/01/33
0
8687003 E22/G01 F 396,500.00 ZZ
360 396,500.00 1
5.875 2,345.45 53
5.625 2,345.45
SEATTLE WA 98122 1 05/06/03 00
0416894582 05 07/01/03 0
0416894582 O 06/01/33
0
1
8687049 E22/G01 F 436,500.00 ZZ
360 436,065.46 1
6.000 2,617.04 90
5.750 2,617.04
SANDPOINT ID 83864 1 04/23/03 01
0416965242 05 06/01/03 25
0416965242 O 05/01/33
0
8687051 E22/G01 F 495,200.00 ZZ
360 495,200.00 1
5.750 2,889.85 80
5.500 2,889.85
LIVERMORE CA 94550 1 05/01/03 00
0416965267 05 07/01/03 0
0416965267 O 06/01/33
0
8687389 B44/G01 F 461,292.00 ZZ
360 460,821.69 1
5.875 2,728.72 80
5.625 2,728.72
SUISUN CITY CA 94585 1 04/30/03 00
0435806872 05 06/01/03 0
3030116 O 05/01/33
0
8687451 B57/G01 F 468,700.00 ZZ
360 468,222.14 1
5.875 2,772.54 73
5.625 2,772.54
ALTADENA CA 91001 2 04/23/03 00
0435822630 05 06/01/03 0
50001103 O 05/01/33
0
8687665 964/G01 F 377,000.00 ZZ
360 376,624.69 1
6.000 2,260.31 70
5.750 2,260.31
SANTA CLARA CA 95054 2 04/22/03 00
0435777529 03 06/01/03 0
391070 O 05/01/33
0
8687699 964/G01 F 383,000.00 ZZ
360 382,600.12 1
5.750 2,235.09 58
5.500 2,235.09
1
YORBA XXXXX CA 92886 2 04/25/03 00
0435797139 05 06/01/03 0
374060 O 05/01/33
0
8687707 964/G01 F 385,000.00 ZZ
360 384,616.73 1
6.000 2,308.27 72
5.750 2,308.27
ROSEVILLE CA 95747 2 04/28/03 00
0435795679 03 06/01/03 0
385061 O 05/01/33
0
8687717 964/G01 F 516,000.00 ZZ
360 515,473.91 1
5.875 3,052.34 58
5.625 3,052.34
NAPA CA 94559 5 04/24/03 00
0435878780 05 06/01/03 0
388093 O 05/01/33
0
8687719 964/G01 F 534,000.00 ZZ
360 533,455.56 1
5.875 3,158.81 60
5.625 3,158.81
PALO ALTO CA 94306 2 04/25/03 00
0435797253 05 06/01/03 0
389502 O 05/01/33
0
8687723 964/G01 F 388,000.00 ZZ
360 387,604.41 1
5.875 2,295.17 70
5.625 2,295.17
CLOVIS CA 93611 2 04/24/03 00
0435869169 05 06/01/03 0
396497 O 05/01/33
0
8687743 964/G01 F 518,000.00 ZZ
360 517,471.87 1
5.875 3,064.17 54
5.625 3,064.17
CAREFREE AZ 85377 2 04/21/03 00
0435778345 05 06/01/03 0
374499 O 05/01/33
0
1
8687761 964/G01 F 340,000.00 ZZ
360 339,653.35 1
5.875 2,011.23 65
5.625 2,011.23
SAN LUIS OBISPO CA 93401 2 04/17/03 00
0435778600 03 06/01/03 0
383940 O 05/01/33
0
8687763 964/G01 F 399,900.00 ZZ
360 399,900.00 1
5.875 2,365.56 56
5.625 2,365.56
HERCULES CA 94547 1 04/28/03 00
0435777255 03 07/01/03 0
386002 O 06/01/33
0
8687769 964/G01 F 399,900.00 ZZ
360 399,492.28 1
5.875 2,365.56 45
5.625 2,365.56
FOSTER CITY CA 94404 2 04/22/03 00
0435779939 05 06/01/03 0
386750 O 05/01/33
0
8687781 F34/G01 F 487,000.00 ZZ
360 486,503.48 1
5.875 2,880.79 77
5.625 2,880.79
ARLINGTON VA 22204 2 04/24/03 00
0435790407 05 06/01/03 0
45303111 O 05/01/33
0
8688571 T44/G01 F 212,000.00 ZZ
360 211,808.35 1
6.500 1,339.98 80
6.250 1,339.98
SACRAMENTO CA 95835 1 04/25/03 00
0435958210 03 06/01/03 0
1075753 O 05/01/33
0
8688635 E22/G01 F 137,000.00 ZZ
360 137,000.00 1
1
5.875 810.41 69
5.625 810.41
GRAND RAPIDS MI 49525 2 04/29/03 00
0416368538 05 07/01/03 0
0416368538 O 06/01/33
0
8688647 E22/G01 F 426,000.00 ZZ
360 426,000.00 1
5.875 2,519.95 62
5.625 2,519.95
JAMESTOWN RI 02835 5 05/05/03 00
0416434355 03 07/01/03 0
0416434355 O 06/01/33
0
8688769 E22/G01 F 390,000.00 ZZ
360 390,000.00 1
6.000 2,338.25 51
5.750 2,338.25
SAN BRUNO CA 94066 2 05/02/03 00
0416729705 05 07/01/03 0
0416729705 O 06/01/33
0
8688789 E22/G01 F 322,700.00 ZZ
360 322,386.35 1
6.125 1,960.76 47
5.875 1,960.76
SAN JOSE CA 95132 5 04/30/03 00
0416751485 05 06/01/03 0
0416751485 O 05/01/33
0
8688793 E22/G01 F 368,000.00 ZZ
360 368,000.00 1
5.875 2,176.86 80
5.625 2,176.86
ISSAQUAH WA 98027 2 05/01/03 00
0416765709 05 07/01/03 0
0416765709 O 06/01/33
0
8688933 E22/G01 F 80,000.00 ZZ
360 79,922.24 1
6.125 486.09 27
5.875 486.09
SUNLAND CA 91041 5 04/28/03 00
0416961969 05 06/01/03 0
1
0416961969 O 05/01/33
0
8689013 E82/G01 F 385,500.00 ZZ
360 385,500.00 1
6.000 2,311.27 74
5.750 2,311.27
BELLEVUE WA 98006 2 05/08/03 00
0400820650 05 07/01/03 0
0400820650 O 06/01/33
0
8689049 E82/G01 F 385,400.00 ZZ
360 385,400.00 1
5.875 2,279.79 53
5.625 2,279.79
LIGHTHOUSE POIN FL 33064 2 05/08/03 00
0400815015 05 07/01/03 0
0400815015 O 06/01/33
0
8689385 758/G01 F 370,000.00 ZZ
360 369,622.77 1
5.875 2,188.69 69
5.625 2,188.69
SPRING TX 77386 2 04/21/03 00
0435841721 05 06/01/03 0
100162500499282 O 05/01/33
0
8689547 P60/G01 F 378,000.00 ZZ
360 377,614.60 1
5.875 2,236.02 69
5.625 2,236.02
WESTERVILLE OH 43082 5 04/24/03 00
0435869706 05 06/01/03 0
1310352968 O 05/01/33
0
8692203 S11/G01 F 396,500.00 ZZ
360 396,095.75 1
5.875 2,345.45 70
5.625 2,345.45
TORRANCE CA 90505 2 04/29/03 00
0435797600 05 06/01/03 0
10211590 O 05/01/33
0
1
8692881 N47/G01 F 388,000.00 ZZ
360 388,000.00 1
5.750 2,264.26 80
5.500 2,264.26
SAN JOSE CA 95118 2 05/05/03 00
0435821384 05 07/01/03 0
20504305 O 06/01/33
0
8692983 227/G01 F 523,200.00 ZZ
360 522,666.57 1
5.875 3,094.93 80
5.625 3,094.93
PLEASANTON CA 94566 1 04/14/03 00
0435874318 05 06/01/03 0
2150943 O 05/01/33
0
8693431 696/G01 F 420,000.00 ZZ
360 419,581.89 1
6.000 2,518.11 80
5.750 2,518.11
ALEXANDRIA VA 22302 1 05/05/03 00
0435783758 05 06/01/03 0
24403030 O 05/01/33
0
8694333 E47/G01 F 76,750.00 ZZ
360 76,671.75 1
5.875 454.01 62
5.625 454.01
HUNTINGTON BEAC CA 92648 2 04/22/03 00
0435798665 01 06/01/03 0
7331014841 O 05/01/33
0
8694833 M37/G01 F 216,000.00 ZZ
360 216,000.00 1
6.125 1,312.44 78
5.875 1,312.44
SCOTTSDALE AZ 85255 2 05/01/03 00
0435840905 03 07/01/03 0
612936 O 06/01/33
0
8694977 696/G01 F 571,200.00 ZZ
360 571,200.00 1
6.000 3,424.63 80
5.750 3,424.63
1
WASHINGTON DC 20003 1 05/05/03 00
0435793278 05 07/01/03 0
31203199 O 06/01/33
0
8695015 696/G01 F 431,200.00 ZZ
360 430,770.74 1
6.000 2,585.26 80
5.750 2,585.26
ROCKVILLE MD 20850 1 04/18/03 00
0435793542 03 06/01/03 0
30303108 O 05/01/33
0
8697711 367/367 F 397,000.00 ZZ
360 397,000.00 1
6.250 2,444.40 58
6.000 2,444.40
WASHINGTON DC 20015 2 05/01/03 00
783065710 05 07/01/03 0
783065710 O 06/01/33
0
8697729 E22/G01 F 475,000.00 ZZ
360 475,000.00 1
5.875 2,809.80 40
5.625 2,809.80
LAGUNA BEACH CA 92651 2 04/29/03 00
0416404754 05 07/01/03 0
0416404754 O 06/01/33
0
8697791 E22/G01 F 164,000.00 ZZ
360 164,000.00 1
6.000 983.26 79
5.750 983.26
SAN ANTONIO TX 78259 5 05/06/03 00
0416563898 03 07/01/03 0
0416563898 O 06/01/33
0
8697793 E22/G01 F 485,200.00 ZZ
360 485,200.00 1
5.875 2,870.14 60
5.625 2,870.14
SAN RAMON CA 94583 2 04/28/03 00
0416575843 03 07/01/03 0
0416575843 O 06/01/33
0
1
8697803 E22/G01 F 275,000.00 ZZ
360 275,000.00 1
5.875 1,626.73 69
5.625 1,626.73
NEWTON MA 02458 5 05/07/03 00
0416593465 01 07/01/03 0
0416593465 O 06/01/33
0
8697805 E22/G01 F 337,500.00 ZZ
360 337,139.19 1
5.625 1,942.84 75
5.375 1,942.84
MOORPARK CA 93021 5 04/23/03 00
0416598878 03 06/01/03 0
0416598878 O 05/01/33
0
8697865 E22/G01 F 640,000.00 ZZ
360 640,000.00 1
5.875 3,785.84 48
5.625 3,785.84
EVANSTON IL 60201 2 05/07/03 00
0416713857 05 07/01/03 0
0416713857 O 06/01/33
0
8697911 E22/G01 F 166,000.00 ZZ
360 166,000.00 1
6.250 1,022.09 61
6.000 1,022.09
YAKIMA WA 98908 2 05/02/03 00
4016767762 05 07/01/03 0
0416767762 O 06/01/33
0
8697935 E22/G01 F 378,000.00 ZZ
360 378,000.00 1
5.750 2,205.91 30
5.500 2,205.91
AUSTIN TX 78703 5 05/07/03 00
0416787935 05 07/01/03 0
0416787935 O 06/01/33
0
8698001 E22/G01 F 207,000.00 ZZ
360 207,000.00 1
1
5.625 1,191.61 70
5.375 1,191.61
SEATTLE WA 98106 5 05/06/03 00
0416873842 05 07/01/03 0
0416873842 O 06/01/33
0
8698043 E22/G01 F 970,500.00 ZZ
360 970,500.00 1
6.000 5,818.64 59
5.750 5,818.64
MERCER ISLAND WA 98040 2 05/05/03 00
0416907046 05 07/01/03 0
0416907046 O 06/01/33
0
8698085 E22/G01 F 469,000.00 ZZ
360 469,000.00 1
5.875 2,774.31 61
5.625 2,774.31
SEATTLE WA 98112 2 05/05/03 00
0416944288 05 07/01/03 0
0416944288 O 06/01/33
0
8698103 E22/G01 F 453,000.00 ZZ
360 453,000.00 1
5.875 2,679.67 78
5.625 2,679.67
SAN RAMON CA 94583 1 05/05/03 00
0416959963 03 07/01/03 0
0416959963 O 06/01/33
0
8698307 E82/G01 F 283,800.00 ZZ
360 283,800.00 1
5.875 1,678.78 67
5.625 1,678.78
CHRISTIANSBURG VA 24073 2 05/09/03 00
0400828307 05 07/01/03 0
0400828307 O 06/01/33
0
8698309 E82/G01 F 150,900.00 ZZ
360 150,900.00 1
5.875 892.63 76
5.625 892.63
LOS ANGELES CA 91304 2 05/06/03 00
0400824793 05 07/01/03 0
1
0400824793 O 06/01/33
0
8698329 E82/G01 F 278,400.00 ZZ
360 278,400.00 1
5.875 1,646.84 48
5.625 1,646.84
FOSTER CITY CA 94404 2 05/06/03 00
0400805750 01 07/01/03 0
0400805750 O 06/01/33
0
8698333 E33/G01 F 630,000.00 ZZ
360 630,000.00 1
5.750 3,676.51 45
5.500 3,676.51
LAKE FOREST IL 60045 2 05/07/03 00
0435847124 05 07/01/03 0
1 O 06/01/33
0
8698337 E82/G01 F 304,000.00 ZZ
360 304,000.00 1
5.875 1,798.27 63
5.625 1,798.27
BROOMFIELD CO 80020 2 05/09/03 00
0400829537 03 07/01/03 0
0400829537 O 06/01/33
0
8698345 E82/G01 F 125,700.00 ZZ
360 125,700.00 1
6.000 753.64 51
5.750 753.64
MONROVIA CA 91016 2 05/07/03 00
0400823878 01 07/01/03 0
0400823878 O 06/01/33
0
8698381 E82/G01 F 230,600.00 ZZ
360 230,600.00 1
5.875 1,364.09 61
5.625 1,364.09
SAN DIMAS CA 91773 2 05/06/03 00
0400828885 05 07/01/03 0
0400828885 O 06/01/33
0
1
8698977 E86/G01 F 620,000.00 ZZ
360 619,367.89 1
5.875 3,667.53 64
5.625 3,667.53
POTOMAC MD 20854 5 04/21/03 00
0435843180 05 06/01/03 0
298867 O 05/01/33
0
8698983 G75/G01 F 394,000.00 T
360 393,607.77 1
6.000 2,362.23 79
5.750 2,362.23
CHESTERTOWN MD 21620 1 04/15/03 00
0435816921 05 06/01/03 0
05036430 O 05/01/33
0
8698991 G75/G01 F 430,000.00 ZZ
360 429,571.93 1
6.000 2,578.07 76
5.750 2,578.07
KNOXVILLE TN 37919 1 04/14/03 00
0435841903 05 06/01/03 0
4993336 O 05/01/33
0
8698993 E86/G01 F 450,000.00 ZZ
360 449,552.02 1
6.000 2,697.98 66
5.750 2,697.98
DOWNINGTOWN PA 19335 5 04/21/03 00
0435832654 03 06/01/03 0
206568370 O 05/01/33
0
8698995 E86/G01 F 1,100,000.00 ZZ
360 1,098,851.53 1
5.750 6,419.30 63
5.500 6,419.30
WARREN NJ 07059 1 04/17/03 00
0435845672 05 06/01/03 0
284662 O 05/01/33
0
8699025 E86/G01 F 401,500.00 ZZ
360 401,100.30 1
6.000 2,407.20 78
5.750 2,407.20
1
BETHESDA ME 20817 2 04/17/03 00
0435810445 05 06/01/03 0
303076 O 05/01/33
0
8699035 E86/G01 F 376,000.00 ZZ
360 375,625.69 1
6.000 2,254.31 78
5.750 2,254.31
HEWLETT NY 11557 2 04/10/03 00
0435872221 05 06/01/03 0
284116 O 05/01/33
0
8699039 E86/G01 F 420,000.00 ZZ
360 419,550.99 1
5.625 2,417.76 60
5.375 2,417.76
SILVER SPRING MD 20910 1 04/29/03 00
0435842745 05 06/01/03 0
284108 O 05/01/33
0
8699069 E86/G01 F 450,000.00 ZZ
360 449,562.63 1
6.125 2,734.25 46
5.875 2,734.25
POTOMAC MD 20854 1 04/18/03 00
0435841382 05 06/01/03 0
299657 O 05/01/33
0
8699091 E86/G01 F 439,920.00 ZZ
360 439,471.48 1
5.875 2,602.29 79
5.625 2,602.29
NEW CITY NY 10956 1 04/21/03 00
0435842984 05 06/01/03 0
294922 O 05/01/33
0
8699103 E86/G01 F 353,500.00 ZZ
360 353,156.42 1
6.125 2,147.90 70
5.875 2,147.90
VIENNA VA 22182 5 04/11/03 00
0435835145 09 06/01/03 0
278483 O 05/01/33
0
1
8699115 E86/G01 F 353,950.00 ZZ
360 353,605.98 1
6.125 2,150.64 90
5.875 2,150.64
GOODYEAR AZ 85338 1 04/16/03 12
0435839287 03 06/01/03 25
317661 O 05/01/33
0
8699127 E86/G01 F 454,500.00 ZZ
360 454,025.47 1
5.750 2,652.34 48
5.500 2,652.34
CHATHAM NJ 07928 2 04/17/03 00
0435813175 05 06/01/03 0
296578 O 05/01/33
0
8699131 E86/G01 F 400,000.00 ZZ
360 399,592.18 1
5.875 2,366.15 57
5.625 2,366.15
NEW CITY NY 10956 2 04/18/03 00
0435810403 05 06/01/03 0
291310 O 05/01/33
0
8699137 E86/G01 F 345,000.00 ZZ
360 344,648.25 1
5.875 2,040.81 64
5.625 2,040.81
SILVER SPRING MD 20904 2 04/21/03 00
0435843735 05 06/01/03 0
308247 O 05/01/33
0
8699763 S11/G01 F 528,000.00 ZZ
360 527,486.82 1
6.125 3,208.18 76
5.875 3,208.18
VILLA PARK CA 92861 2 04/25/03 00
0435795182 05 06/01/03 0
10321314 O 05/01/33
0
8700117 A06/G01 F 200,000.00 ZZ
360 200,000.00 1
1
5.875 1,183.08 50
5.625 1,183.08
WEST BLOOMFIELD MI 48322 5 05/06/03 00
0435817549 01 07/01/03 0
1000020303074 O 06/01/33
0
8700377 964/G01 F 383,000.00 ZZ
360 382,618.72 1
6.000 2,296.28 68
5.750 2,296.28
COSTA MESA CA 92627 2 04/28/03 00
0435784541 05 06/01/03 0
370978 O 05/01/33
0
8700543 964/G01 F 492,000.00 ZZ
360 492,000.00 1
5.875 2,910.37 80
5.625 2,910.37
MOUNTAIN VIEW CA 94043 2 05/02/03 00
0435785787 05 07/01/03 0
405857 O 06/01/33
0
8700547 964/G01 F 399,995.00 ZZ
360 399,587.19 1
5.875 2,366.12 46
5.625 2,366.12
BERKELEY CA 94707 5 04/22/03 00
0435785639 05 06/01/03 0
359880 O 05/01/33
0
8700549 964/G01 F 380,000.00 ZZ
360 379,621.71 1
6.000 2,278.29 45
5.750 2,278.29
SAN FRANCISCO CA 94131 2 04/17/03 00
0435783766 05 06/01/03 0
364627 O 05/01/33
0
8700551 964/G01 F 353,600.00 ZZ
360 353,247.99 1
6.000 2,120.01 80
5.750 2,120.01
RICHMOND CA 94805 2 04/18/03 00
0435790555 05 06/01/03 0
1
364898 O 05/01/33
0
8700559 964/G01 F 399,900.00 ZZ
360 399,501.90 1
6.000 2,397.60 64
5.750 2,397.60
HAYWARD CA 94544 2 04/24/03 00
0435785852 03 06/01/03 0
386036 O 05/01/33
0
8700581 964/G01 F 337,300.00 ZZ
360 337,300.00 1
5.875 1,995.26 60
5.625 1,995.26
GARDNERVILLE NV 89410 2 05/06/03 00
0435782487 05 07/01/03 0
406096 O 06/01/33
0
8700939 X89/G01 F 498,000.00 ZZ
360 497,515.98 1
6.125 3,025.90 78
5.875 3,025.90
CHARLOTTE NC 28209 2 04/22/03 00
0435818430 05 06/01/03 0
1010242311 O 05/01/33
0
8701157 U42/G01 F 440,000.00 ZZ
360 439,551.40 1
5.875 2,602.77 80
5.625 2,602.77
PLANO TX 75093 1 04/22/03 00
0435846977 03 06/01/03 0
12301287 O 05/01/33
0
8701261 944/G01 F 356,500.00 ZZ
360 356,500.00 1
5.875 2,108.84 46
5.625 2,108.84
DAVIS CA 95616 2 04/28/03 00
0435802574 05 07/01/03 0
W01668068 O 06/01/33
0
1
8702213 E82/G01 F 595,000.00 ZZ
360 595,000.00 1
5.875 3,519.65 69
5.625 3,519.65
GRANADA HILLS CA 91344 2 05/08/03 00
0400828497 03 07/01/03 0
0400828497 O 06/01/33
0
8702215 E82/G01 F 391,000.00 ZZ
360 391,000.00 1
5.750 2,281.77 71
5.500 2,281.77
REDONDO BEACH CA 90277 2 05/08/03 00
0400823910 05 07/01/03 0
0400823910 O 06/01/33
0
8702225 E82/G01 F 153,000.00 ZZ
360 153,000.00 1
5.875 905.05 62
5.625 905.05
STERLING HEIGHT MI 48312 2 05/09/03 00
0400834321 01 07/01/03 0
0400834321 O 06/01/33
0
8702233 E82/G01 F 104,250.00 ZZ
360 104,250.00 1
5.875 616.68 34
5.625 616.68
FULLERTON CA 92831 2 05/08/03 00
0400823993 09 07/01/03 0
0400823993 O 06/01/33
0
8702247 E82/G01 F 228,100.00 ZZ
360 228,100.00 1
5.875 1,349.30 72
5.625 1,349.30
KIRKLAND WA 98034 2 05/08/03 00
0400823621 05 07/01/03 0
0400823621 O 06/01/33
0
8702249 E82/G01 F 384,000.00 ZZ
360 384,000.00 1
5.875 2,271.51 74
5.625 2,271.51
1
LAFAYETTE CA 94549 5 05/02/03 00
0400789277 05 07/01/03 0
0400789277 O 06/01/33
0
8702251 E82/G01 F 196,400.00 ZZ
360 196,400.00 1
6.000 1,177.52 56
5.750 1,177.52
POMPTON LAKES NJ 07442 2 05/08/03 00
0400825907 05 07/01/03 0
0400825907 O 06/01/33
0
8702257 E82/G01 F 354,000.00 ZZ
360 354,000.00 1
5.875 2,094.04 65
5.625 2,094.04
WEYMOUTH MA 02191 2 05/09/03 00
0400830337 05 07/01/03 0
0400830337 O 06/01/33
0
8702263 E82/G01 F 220,000.00 ZZ
360 220,000.00 1
6.125 1,336.74 41
5.875 1,336.74
LAGUNA NIGUEL CA 92677 2 05/08/03 00
0400791687 03 07/01/03 0
0400791687 O 06/01/33
0
8702331 E22/G01 F 160,000.00 ZZ
360 160,000.00 1
6.125 972.18 80
5.875 972.18
WETUMPKA AL 36093 2 05/08/03 00
0416870186 05 07/01/03 0
0416870186 O 06/01/33
0
8702333 E22/G01 F 600,000.00 ZZ
360 600,000.00 1
5.875 3,549.23 73
5.625 3,549.23
SHORELINE WA 98177 2 05/06/03 00
0416873123 03 07/01/03 0
0416873123 O 06/01/33
0
1
8702377 E22/G01 F 400,000.00 ZZ
360 400,000.00 1
6.000 2,398.20 63
5.750 2,398.20
SUTTONS BAY MI 49682 2 05/08/03 00
0416985760 05 07/01/03 0
0416985760 O 06/01/33
0
8702417 E22/G01 F 239,400.00 ZZ
360 239,400.00 1
5.875 1,416.14 90
5.625 1,416.14
HASLET TX 76052 2 05/05/03 04
0416366656 03 07/01/03 25
0416366656 O 06/01/33
0
8702441 E22/G01 F 193,500.00 ZZ
360 193,500.00 1
5.750 1,129.21 30
5.500 1,129.21
REDWOOD CITY CA 94061 2 04/28/03 00
0416624856 05 07/01/03 0
0416624856 O 06/01/33
0
8702473 E22/G01 F 426,000.00 ZZ
360 426,000.00 1
5.875 2,519.95 78
5.625 2,519.95
SEATTLE WA 98199 2 04/29/03 00
0416831360 05 07/01/03 0
0416831360 O 06/01/33
0
8702707 E22/G01 F 340,000.00 ZZ
360 340,000.00 1
5.875 2,011.23 80
5.625 2,011.23
LIVERMORE CA 94551 1 05/06/03 00
0417049111 05 07/01/03 0
0417049111 O 06/01/33
0
8702709 E86/G01 F 490,500.00 ZZ
360 489,999.92 1
1
5.875 2,901.49 75
5.625 2,901.49
ORANGE CA 92869 1 04/10/03 00
0435839725 03 06/01/03 0
298215 O 05/01/33
0
8702715 E22/G01 F 236,500.00 ZZ
360 236,500.00 1
5.875 1,398.99 64
5.625 1,398.99
DAVIE FL 33314 5 05/08/03 00
0417133618 03 07/01/03 0
0417133618 O 06/01/33
0
8702817 E86/G01 F 446,800.00 ZZ
360 446,333.52 2
5.750 2,607.40 79
5.500 2,607.40
DENVER CO 80209 1 04/28/03 00
0435879861 09 06/01/03 0
302741 O 05/01/33
0
8703775 S11/G01 F 387,000.00 ZZ
360 387,000.00 1
5.750 2,258.43 70
5.500 2,258.43
FULLERTON CA 92833 1 05/02/03 00
0435822804 03 07/01/03 0
10321334 O 06/01/33
0
8704645 356/G01 F 345,000.00 ZZ
360 344,680.45 1
6.375 2,152.36 73
6.125 2,152.36
SAN LEANDRO CA 94579 5 04/21/03 00
0435859749 05 06/01/03 0
29022068 O 05/01/33
0
8704867 K21/G01 F 783,000.00 ZZ
360 783,000.00 1
5.750 4,569.38 53
5.500 4,569.38
BEVERLY HILLS CA 90212 2 05/06/03 00
0435877402 05 07/01/03 0
1
0325469 O 06/01/33
0
8705613 A06/G01 F 318,000.00 ZZ
360 318,000.00 1
5.875 1,881.10 71
5.625 1,881.10
BRIGHTON MI 48114 2 05/06/03 00
0435817531 05 07/01/03 0
021000020308564 O 06/01/33
0
8707019 E82/G01 F 185,300.00 ZZ
360 185,300.00 1
6.000 1,110.97 69
5.750 1,110.97
LINCOLN CA 95648 2 05/09/03 00
0400825923 05 07/01/03 0
0400825923 O 06/01/33
0
8707033 E82/G01 F 459,000.00 ZZ
360 459,000.00 1
6.000 2,751.94 59
5.750 2,751.94
EVERGREEN CO 80439 2 05/12/03 00
0400827929 03 07/01/03 0
0400827929 O 06/01/33
0
8707037 E82/G01 F 398,700.00 ZZ
360 398,700.00 1
5.875 2,358.46 49
5.625 2,358.46
PRINCETON JCT NJ 08550 2 05/09/03 00
0400824058 03 07/01/03 0
0400824058 O 06/01/33
0
8707059 E82/G01 F 336,250.00 ZZ
360 336,250.00 1
6.000 2,015.99 62
5.750 2,015.99
LOS ANGELES CA 91602 2 05/09/03 00
0400824033 05 07/01/03 0
0400824033 O 06/01/33
0
1
8707065 E82/G01 F 387,700.00 ZZ
360 387,700.00 1
5.875 2,293.39 45
5.625 2,293.39
PALO ALTO CA 94303 2 05/09/03 00
0400829057 05 07/01/03 0
0400829057 O 06/01/33
0
8707067 E82/G01 F 256,800.00 ZZ
360 256,800.00 1
5.625 1,478.29 38
5.375 1,478.29
SAN JOSE CA 95125 2 05/09/03 00
0400829354 05 07/01/03 0
0400829354 O 06/01/33
0
8707377 696/G01 F 489,000.00 ZZ
360 488,501.44 1
5.875 2,892.62 76
5.625 2,892.62
BLUEMONT VA 20135 1 04/29/03 00
0435819214 05 06/01/03 0
24003016 O 05/01/33
0
8707397 696/G01 F 565,000.00 ZZ
360 564,395.98 1
5.625 3,252.46 76
5.375 3,252.46
ARLINGTON VA 22205 1 04/24/03 00
0435803770 05 06/01/03 0
22803063 O 05/01/33
0
8707399 E22/G01 F 166,000.00 ZZ
360 166,000.00 1
5.750 968.73 49
5.500 968.73
ARVADA CO 80007 2 05/09/03 00
0416945301 03 07/01/03 0
0416945301 O 06/01/33
0
8707427 696/G01 F 416,400.00 ZZ
360 416,400.00 1
5.875 2,463.16 61
5.625 2,463.16
1
BETHESDA MD 20817 2 05/06/03 00
0435808779 05 07/01/03 0
30203083 O 06/01/33
0
8707437 696/G01 F 467,500.00 ZZ
360 467,023.36 1
5.875 2,765.44 67
5.625 2,765.44
XXXX XXXXXX VA 22027 2 04/22/03 00
0435811211 03 06/01/03 0
22803067 O 05/01/33
0
8707499 E22/G01 F 185,500.00 ZZ
360 185,500.00 1
6.000 1,112.17 47
5.750 1,112.17
THOUSAND OAKS CA 91360 2 05/05/03 00
0417015971 05 07/01/03 0
0417015971 O 06/01/33
0
8707611 E22/G01 F 154,350.00 T
360 154,350.00 1
6.000 925.41 78
5.750 925.41
SARGENT TX 77414 2 05/14/03 00
0416538924 05 07/01/03 0
0416538924 O 06/01/33
0
8707899 E86/G01 F 423,500.00 ZZ
360 423,068.23 1
5.875 2,505.16 70
5.625 2,505.16
STILWELL KS 66085 2 04/25/03 00
0435831599 03 06/01/03 0
311655 O 05/01/33
0
8708015 E86/G01 F 459,000.00 ZZ
360 458,509.30 1
5.625 2,642.26 38
5.375 2,642.26
MANHATTAN BEACH CA 90266 5 04/25/03 00
0435839360 05 06/01/03 0
289464 O 05/01/33
0
1
8708139 E86/G01 F 377,500.00 ZZ
360 377,115.12 1
5.875 2,233.06 89
5.625 2,233.06
LISLE IL 60532 1 05/02/03 04
0435834064 05 06/01/03 25
291681 O 05/01/33
0
8708219 998/998 F 625,000.00 ZZ
360 623,660.55 1
5.625 3,597.85 64
5.375 3,597.85
HONOLULU HI 96821 2 03/10/03 00
5535040 05 05/01/03 0
5535040 O 04/01/33
0
8708221 E86/G01 F 357,500.00 ZZ
360 357,144.11 1
6.000 2,143.39 60
5.750 2,143.39
ARLINGTON VA 22207 2 04/23/03 00
0435841796 05 06/01/03 0
299820 O 05/01/33
0
8708517 964/G01 F 398,000.00 ZZ
360 397,594.22 1
5.875 2,354.32 76
5.625 2,354.32
LOS ALAMITOS CA 90720 2 04/24/03 00
0435823364 05 06/01/03 0
384133 O 05/01/33
0
8708523 964/G01 F 438,750.00 ZZ
360 438,313.22 1
6.000 2,630.53 75
5.750 2,630.53
LAKE FOREST CA 92630 5 04/28/03 00
0435823182 03 06/01/03 0
362426 O 05/01/33
0
8708527 964/G01 F 395,000.00 ZZ
360 395,000.00 1
1
5.875 2,336.58 28
5.625 2,336.58
PLEASANTON CA 94566 2 04/29/03 00
0435868872 03 07/01/03 0
378674 O 06/01/33
0
8708529 964/G01 F 399,800.00 ZZ
360 399,402.00 1
6.000 2,397.00 73
5.750 2,397.00
SAUSALITO CA 94965 2 04/23/03 00
0435805171 01 06/01/03 0
379395 O 05/01/33
0
8708531 964/G01 F 342,000.00 ZZ
360 342,000.00 1
5.875 2,023.06 23
5.625 2,023.06
PALO ALTO CA 94301 2 05/05/03 00
0435812698 05 07/01/03 0
382842 O 06/01/33
0
8708537 964/G01 F 397,000.00 ZZ
360 397,000.00 1
5.875 2,348.41 57
5.625 2,348.41
FREMONT CA 94555 2 04/29/03 00
0435958905 03 07/01/03 0
389350 O 06/01/33
0
8708545 964/G01 F 380,000.00 ZZ
360 380,000.00 1
6.000 2,278.29 66
5.750 2,278.29
DALY CITY CA 94015 2 04/30/03 00
0435805270 05 07/01/03 0
392212 O 06/01/33
0
8712067 E82/G01 F 559,800.00 ZZ
360 559,800.00 1
6.000 3,356.28 80
5.750 3,356.28
BASKING RIDGE NJ 07920 2 05/14/03 00
0400805644 05 07/01/03 0
1
0400805644 O 06/01/33
0
8712223 E22/G01 F 197,800.00 ZZ
360 197,800.00 1
5.875 1,170.06 53
5.625 1,170.06
DOWNEY CA 90241 2 05/08/03 00
0416392645 05 07/01/03 0
0416392645 O 06/01/33
0
8712381 E22/G01 F 384,000.00 ZZ
360 384,000.00 1
5.875 2,271.51 51
5.625 2,271.51
SAN ANSELMO CA 94960 5 05/05/03 00
0416827772 05 07/01/03 0
0416827772 O 06/01/33
0
8712411 E22/G01 F 360,000.00 ZZ
360 360,000.00 1
5.875 2,129.54 80
5.625 2,129.54
BELLE XXXXXX LA 70037 1 05/15/03 00
0416882397 05 07/01/03 0
0416882397 O 06/01/33
0
8712555 E22/G01 F 390,000.00 ZZ
360 390,000.00 1
6.000 2,338.25 58
5.750 2,338.25
NOVATO CA 94949 1 05/08/03 00
0417030756 03 07/01/03 0
0417030756 O 06/01/33
0
8713241 A06/G01 F 398,000.00 ZZ
360 397,564.36 1
5.500 2,259.81 68
5.250 2,259.81
GROSSE POINTE P MI 48230 2 04/30/03 00
0435857958 05 06/01/03 0
021000020305399 O 05/01/33
0
1
8713361 964/G01 F 395,000.00 ZZ
360 394,616.09 1
6.125 2,400.06 72
5.875 2,400.06
REDONDO BEACH CA 90278 5 04/28/03 00
0435879242 01 06/01/03 0
390223 O 05/01/33
0
8713891 X89/G01 F 498,000.00 ZZ
360 497,480.06 1
5.750 2,906.19 48
5.500 2,906.19
WESTPORT CT 06880 2 04/23/03 00
0435854914 29 06/01/03 0
2002898 O 05/01/33
0
8713943 696/G01 F 525,000.00 ZZ
360 525,000.00 1
6.000 3,147.64 67
5.750 3,147.64
WASHINGTON DC 20008 1 05/13/03 00
0435857594 05 07/01/03 0
30203078 O 06/01/33
0
8714039 696/G01 F 385,360.00 ZZ
360 385,360.00 1
5.875 2,279.55 80
5.625 2,279.55
WASHINGTON DC 20016 1 05/13/03 00
0435870779 06 07/01/03 0
25603107 O 06/01/33
0
8714051 696/G01 F 455,920.00 ZZ
360 455,920.00 1
5.875 2,696.94 80
5.625 2,696.94
PURCELLVILLE VA 20132 1 05/09/03 00
0435857966 03 07/01/03 0
24003096 O 06/01/33
0
8714055 696/G01 F 410,000.00 ZZ
360 410,000.00 1
5.875 2,425.30 75
5.625 2,425.30
1
WASHINGTON DC 20002 2 05/06/03 00
0435858212 05 07/01/03 0
32203089 O 06/01/33
0
8714067 696/G01 F 392,000.00 T
360 392,000.00 1
5.875 2,318.83 53
5.625 2,318.83
WASHINGTON DC 20008 2 05/12/03 00
0435861059 08 07/01/03 0
31203245 O 06/01/33
0
8714091 696/G01 F 650,000.00 ZZ
360 650,000.00 1
5.875 3,845.00 55
5.625 3,845.00
MCLEAN VA 22101 2 05/07/03 00
0435861711 05 07/01/03 0
24603141 O 06/01/33
0
8714249 356/356 F 356,717.00 ZZ
360 356,378.53 1
6.250 2,196.37 66
6.000 2,196.37
HAYWARD CA 94544 2 04/18/03 00
29036761 03 06/01/03 0
29036761 O 05/01/33
0
8714499 367/367 F 450,000.00 ZZ
360 450,000.00 1
5.875 2,661.92 64
5.625 2,661.92
ROCKVILLE MD 20813 2 05/06/03 00
99232072 03 07/01/03 0
99232072 O 06/01/33
0
8715251 E82/G01 F 391,500.00 ZZ
360 391,500.00 1
5.875 2,315.87 72
5.625 2,315.87
SAN ANSELMO CA 94960 2 05/12/03 00
0400825543 05 07/01/03 0
0400825543 O 06/01/33
0
1
8715607 E22/G01 F 338,800.00 ZZ
360 338,800.00 1
6.000 2,031.28 74
5.750 2,031.28
AUSTIN TX 78738 2 05/08/03 00
0416597532 05 07/01/03 0
0416597532 O 06/01/33
0
8715621 E22/G01 F 615,000.00 T
360 615,000.00 1
5.750 3,588.97 62
5.500 3,588.97
SHIP BOTTOM NJ 08008 2 05/16/03 00
0416632586 05 07/01/03 0
0416632586 O 06/01/33
0
8715657 E22/G01 F 125,000.00 ZZ
360 125,000.00 1
6.000 749.44 74
5.750 749.44
DENVER CO 80223 5 05/12/03 00
0416722981 05 07/01/03 0
0416722981 O 06/01/33
0
8715807 E22/G01 F 86,500.00 ZZ
360 86,500.00 1
6.125 525.58 50
5.875 525.58
WEST PALM BEACH FL 33417 1 05/16/03 00
0416888840 05 07/01/03 0
0416888840 O 06/01/33
0
8716127 420/G01 F 395,000.00 ZZ
360 395,000.00 1
6.250 2,432.08 67
6.000 2,432.08
SANTA ROSA CA 95409 1 04/23/03 00
0435878178 05 07/01/03 0
73001573 O 06/01/33
0
8716179 642/G01 F 360,000.00 ZZ
360 360,000.00 1
1
5.750 2,100.86 80
5.500 2,100.86
LA MESA CA 91941 1 05/09/03 00
0435880513 09 07/01/03 0
02188003 O 06/01/33
0
8717051 G51/G01 F 409,000.00 ZZ
360 409,000.00 1
5.750 2,386.82 68
5.500 2,386.82
BOULDER CO 80304 2 05/14/03 00
0435886650 05 07/01/03 0
07000587 O 06/01/33
0
8717101 X89/G01 F 400,000.00 ZZ
360 400,000.00 1
5.875 2,366.15 80
5.625 2,366.15
CORONA CA 92881 1 05/06/03 00
0435884846 05 07/01/03 0
2005659 O 06/01/33
0
8717517 E82/G01 F 289,000.00 ZZ
360 289,000.00 1
6.125 1,755.99 56
5.875 1,755.99
SOLANA BEACH CA 92024 2 05/10/03 00
0400788923 01 07/01/03 0
0400788923 O 06/01/33
0
8717533 E82/G01 F 247,000.00 ZZ
360 247,000.00 1
5.875 1,461.10 50
5.625 1,461.10
GILROY CA 95020 2 05/10/03 00
0400831095 05 07/01/03 0
0400831095 O 06/01/33
0
8717817 964/G01 F 585,000.00 ZZ
360 584,417.63 1
6.000 3,507.37 55
5.750 3,507.37
ALPINE XXXXXXX CA 96146 5 04/25/03 00
0435869029 05 06/01/03 0
1
394808 O 05/01/33
0
8717819 964/G01 F 386,000.00 ZZ
360 386,000.00 1
6.000 2,314.26 78
5.750 2,314.26
MILLBRAE CA 94030 2 05/02/03 00
0435841838 05 07/01/03 0
395877 O 06/01/33
0
8717821 964/G01 F 390,000.00 ZZ
360 390,000.00 1
6.000 2,338.25 78
5.750 2,338.25
FREMONT CA 94536 2 05/05/03 00
0435830971 05 07/01/03 0
395882 O 06/01/33
0
8717825 964/G01 F 369,000.00 ZZ
360 368,641.36 1
6.125 2,242.08 66
5.875 2,242.08
SAN JOSE CA 95130 2 04/17/03 00
0435858857 05 06/01/03 0
352230 O 05/01/33
0
8717827 964/G01 F 348,500.00 ZZ
360 348,153.07 1
6.000 2,089.43 58
5.750 2,089.43
EL CERRITO CA 94530 2 04/14/03 00
0435836267 05 06/01/03 0
359451 O 05/01/33
0
8717855 964/G01 F 766,500.00 ZZ
360 766,500.00 1
5.750 4,473.09 70
5.500 4,473.09
NEWPORT BEACH CA 92663 1 05/08/03 00
0435865050 05 07/01/03 0
381265 O 06/01/33
0
1
8717905 964/G01 F 372,000.00 ZZ
360 372,000.00 1
5.875 2,200.52 70
5.625 2,200.52
OCEANSIDE CA 92054 5 05/05/03 00
0435875224 05 07/01/03 0
411589 O 06/01/33
0
8718657 E22/G01 F 395,750.00 ZZ
360 395,750.00 1
5.875 2,341.01 78
5.625 2,341.01
LADERA RANCH CA 92694 2 05/06/03 00
0416629939 03 07/01/03 0
0416629939 O 06/01/33
0
8718679 E22/G01 F 749,000.00 ZZ
360 748,254.37 1
6.000 4,490.63 70
5.750 4,490.63
MANHATTAN BEACH CA 90266 5 04/24/03 00
0416641595 05 06/01/03 0
0416641595 O 05/01/33
0
8718691 E82/G01 F 389,000.00 ZZ
360 389,000.00 1
5.875 2,301.08 50
5.625 2,301.08
COTO DE CAZA CA 92679 2 05/14/03 00
0400829685 03 07/01/03 0
0400829685 O 06/01/33
0
8718695 E82/G01 F 394,200.00 ZZ
360 394,200.00 1
5.875 2,331.84 55
5.625 2,331.84
SAN JOSE CA 95132 2 05/13/03 00
0400830568 05 07/01/03 0
0400830568 O 06/01/33
0
8718743 E82/G01 F 212,150.00 ZZ
360 212,150.00 1
6.250 1,306.24 77
6.000 1,306.24
1
SACRAMENTO CA 95828 2 05/14/03 00
0400813614 05 07/01/03 0
0400813614 O 06/01/33
0
8718755 E82/G01 F 380,000.00 ZZ
360 380,000.00 1
6.250 2,339.73 64
6.000 2,339.73
ALAMEDA CA 94501 2 05/13/03 00
0400824702 05 07/01/03 0
0400824702 O 06/01/33
0
8718805 E82/G01 F 475,350.00 ZZ
360 475,350.00 1
5.875 2,811.87 70
5.625 2,811.87
SOUTHBURY CT 06488 2 05/16/03 00
0400813994 05 07/01/03 0
0400813994 O 06/01/33
0
8718817 E82/G01 F 243,600.00 ZZ
360 243,600.00 1
5.875 1,440.99 53
5.625 1,440.99
SANTA FE NM 87505 2 05/16/03 00
0400823084 05 07/01/03 0
0400823084 O 06/01/33
0
8718827 E82/G01 F 347,700.00 ZZ
360 347,700.00 1
6.000 2,084.64 74
5.750 2,084.64
FREMONT CA 94538 2 05/06/03 00
0400820015 03 07/01/03 0
0400820015 O 06/01/33
0
8718907 E22/G01 F 322,000.00 ZZ
360 322,000.00 1
5.625 1,853.61 50
5.375 1,853.61
XXXXXXXX CO 80465 2 05/13/03 00
0417085446 03 07/01/03 0
0417085446 O 06/01/33
0
1
8718927 E22/G01 F 195,000.00 ZZ
360 195,000.00 1
6.375 1,216.55 62
6.125 1,216.55
CHULA VISTA CA 91911 5 05/08/03 00
0416883460 05 07/01/03 0
0416883460 O 06/01/33
0
8718949 S11/G01 F 214,000.00 ZZ
360 214,000.00 1
5.875 1,265.89 49
5.625 1,265.89
THOUSAND OAKS CA 91362 5 04/28/03 00
0435848676 05 07/01/03 0
10211641 O 06/01/33
0
8719003 E22/G01 F 216,000.00 ZZ
360 216,000.00 1
5.750 1,260.52 65
5.500 1,260.52
ARVADA CO 80007 5 05/13/03 00
0416735108 03 07/01/03 0
0416735108 O 06/01/33
0
8719065 E22/G01 F 998,000.00 ZZ
360 998,000.00 1
5.750 5,824.06 46
5.500 5,824.06
SANTA BARBARA CA 93108 2 05/09/03 00
0417008448 05 07/01/03 0
0417008448 O 06/01/33
0
8719075 E22/G01 F 595,000.00 ZZ
360 595,000.00 1
5.875 3,519.65 69
5.625 3,519.65
SUNNYVALE CA 94086 2 05/12/03 00
0417012416 05 07/01/03 0
0417012416 O 06/01/33
0
8719095 E22/G01 F 480,000.00 ZZ
360 480,000.00 1
1
5.875 2,839.38 75
5.625 2,839.38
LAGUNA NIGUEL CA 92677 2 05/08/03 00
0416492403 03 07/01/03 0
0416492403 O 06/01/33
0
8719177 E22/G01 F 357,000.00 ZZ
360 357,000.00 1
5.875 2,111.79 45
5.625 2,111.79
LOS ANGELES CA 90034 2 05/09/03 00
0416926756 05 07/01/03 0
0416926756 O 06/01/33
0
8720733 X89/G01 F 447,000.00 ZZ
360 447,000.00 1
5.875 2,644.17 65
5.625 2,644.17
HUNTINGTON BEAC CA 92648 5 05/02/03 00
0435888201 05 07/01/03 0
2005524 O 06/01/33
0
8721971 356/G01 F 449,450.00 ZZ
360 449,450.00 1
6.250 2,767.35 60
6.000 2,767.35
CASTRO VALLEY CA 94546 2 05/05/03 00
0435885447 05 07/01/03 0
3071396 O 06/01/33
0
8722757 L76/G01 F 350,000.00 ZZ
360 350,000.00 1
5.875 2,070.38 80
5.625 2,070.38
ST. LOUIS PARK MN 55426 1 05/16/03 00
0435872510 05 07/01/03 0
9507610 O 06/01/33
0
8723039 227/G01 F 390,000.00 ZZ
360 389,611.75 1
6.000 2,338.25 49
5.750 2,338.25
SAN RAFAEL CA 94901 2 04/28/03 00
0435951686 05 06/01/03 0
1
2149164 O 05/01/33
0
8723535 E82/G01 F 182,250.00 ZZ
360 182,250.00 1
6.000 1,092.68 75
5.750 1,092.68
HOCKESSIN DE 19707 2 05/15/03 00
0400837092 05 07/01/03 0
0400837092 O 06/01/33
0
8723539 E82/G01 F 393,700.00 ZZ
360 393,700.00 1
5.875 2,328.88 72
5.625 2,328.88
ALAMEDA CA 94501 2 05/15/03 00
0400828984 05 07/01/03 0
0400828984 O 06/01/33
0
8723549 E82/G01 F 320,000.00 ZZ
360 320,000.00 1
6.125 1,944.35 80
5.875 1,944.35
SALINAS CA 93906 2 05/15/03 00
0400831236 05 07/01/03 0
0400831236 O 06/01/33
0
8723835 E22/G01 F 478,500.00 ZZ
360 478,500.00 1
5.875 2,830.51 80
5.625 2,830.51
PLEASANTON CA 94566 2 04/28/03 00
0416609956 05 07/01/03 0
0416609956 O 06/01/33
0
8723855 E22/G01 F 380,000.00 ZZ
360 380,000.00 1
5.875 2,247.84 80
5.625 2,247.84
GRANADA HILLS ( CA 91344 2 05/08/03 00
0416652865 05 07/01/03 0
0416652865 O 06/01/33
0
1
8723995 E22/G01 F 360,000.00 ZZ
360 360,000.00 1
5.875 2,129.54 68
5.625 2,129.54
SAN JOSE CA 95123 2 05/07/03 00
0416994770 05 07/01/03 0
0416994770 O 06/01/33
0
8723997 E22/G01 F 394,000.00 ZZ
360 394,000.00 1
5.875 2,330.66 70
5.625 2,330.66
WEST HILLS CA 91307 2 05/09/03 00
0416995280 05 07/01/03 0
0416995280 O 06/01/33
0
8725181 M27/G01 F 610,050.00 ZZ
360 610,050.00 1
5.750 3,560.09 80
5.500 3,560.09
GERMANTOWN TN 38138 1 05/16/03 00
0435911516 05 07/01/03 0
600911535 O 06/01/33
0
8725533 356/356 F 357,000.00 ZZ
360 357,000.00 1
6.250 2,198.12 78
6.000 2,198.12
XXXXXXXX CA 94553 2 04/29/03 00
29034154 05 07/01/03 0
29034154 O 06/01/33
0
8726691 356/356 F 390,000.00 ZZ
360 390,000.00 1
6.250 2,401.30 44
6.000 2,401.30
SAN JOSE CA 95135 2 04/30/03 00
29023488 05 07/01/03 0
29023488 O 06/01/33
0
8728107 E22/G01 F 53,250.00 ZZ
360 53,250.00 1
6.000 319.26 75
5.750 319.26
1
HOUSTON TX 77050 5 05/16/03 00
0416861144 05 07/01/03 0
0416861144 O 06/01/33
0
8728187 E22/G01 F 306,000.00 ZZ
360 306,000.00 1
6.125 1,859.29 57
5.875 1,859.29
RENO NV 89509 5 05/16/03 00
0417007259 05 07/01/03 0
0417007259 O 06/01/33
0
8728255 E22/G01 F 470,000.00 ZZ
360 470,000.00 1
6.000 2,817.89 63
5.750 2,817.89
LOS ANGELES CA 90069 2 05/12/03 00
0416592236 05 07/01/03 0
0416592236 O 06/01/33
0
8728301 E22/G01 F 198,500.00 ZZ
360 198,500.00 1
5.875 1,174.20 71
5.625 1,174.20
CITRUS HEIGHTS CA 95610 2 05/13/03 00
0416789204 05 07/01/03 0
0416789204 O 06/01/33
0
8728331 E22/G01 F 500,000.00 ZZ
360 500,000.00 1
5.875 2,957.69 20
5.625 2,957.69
PALM BEACH FL 33480 2 05/16/03 00
0416853281 05 07/01/03 0
0416853281 O 06/01/33
0
8728385 E22/G01 F 520,000.00 ZZ
360 520,000.00 1
6.000 3,117.66 76
5.750 3,117.66
SAN CARLOS CA 94070 1 05/14/03 00
0417150653 05 07/01/03 0
0417150653 O 06/01/33
0
1
8728509 E82/G01 F 363,000.00 ZZ
360 363,000.00 1
5.875 2,147.28 75
5.625 2,147.28
EL CERRITO CA 94530 2 05/16/03 00
0400836375 05 07/01/03 0
0400836375 O 06/01/33
0
8728521 E82/G01 F 214,900.00 ZZ
360 214,900.00 1
5.875 1,271.21 59
5.625 1,271.21
CLARKSBURG CA 95612 2 05/16/03 00
0400827085 05 07/01/03 0
0400827085 O 06/01/33
0
8729915 964/G01 F 580,000.00 ZZ
360 580,000.00 1
5.750 3,384.72 39
5.500 3,384.72
MORAGA CA 94556 2 05/05/03 00
0435872585 05 07/01/03 0
377009 O 06/01/33
0
8729957 964/G01 F 520,000.00 ZZ
360 520,000.00 1
6.000 3,117.66 72
5.750 3,117.66
BURLINGAME CA 94010 2 05/07/03 00
0435884184 05 07/01/03 0
404001 O 06/01/33
0
8730061 964/G01 F 366,000.00 ZZ
360 366,000.00 1
5.875 2,165.03 80
5.625 2,165.03
ARCADIA CA 91007 2 04/30/03 00
0435888631 01 07/01/03 0
396343 O 06/01/33
0
8730075 964/G01 F 595,000.00 ZZ
360 595,000.00 1
1
6.000 3,567.33 73
5.750 3,567.33
IRVINE CA 92612 2 05/01/03 00
0435875836 03 07/01/03 0
396959 O 06/01/33
0
8730105 964/G01 F 650,000.00 ZZ
360 650,000.00 1
5.750 3,793.23 55
5.500 3,793.23
EL DORADO HILLS CA 95762 1 05/07/03 00
0435872437 03 07/01/03 0
403578 O 06/01/33
0
8730121 964/G01 F 399,000.00 ZZ
360 399,000.00 1
6.000 2,392.21 58
5.750 2,392.21
SAN MATEO CA 94404 5 05/12/03 00
0435882238 05 07/01/03 0
404978 O 06/01/33
0
8730153 964/G01 F 399,000.00 ZZ
360 399,000.00 1
5.875 2,360.24 69
5.625 2,360.24
OAKLAND CA 94602 2 05/05/03 00
0435877360 05 07/01/03 0
407708 O 06/01/33
0
8730155 964/G01 F 394,000.00 ZZ
360 394,000.00 1
5.750 2,299.28 34
5.500 2,299.28
FREMONT CA 94539 2 05/08/03 00
0435879085 05 07/01/03 0
407719 O 06/01/33
0
8730179 964/G01 F 375,000.00 ZZ
360 375,000.00 1
6.000 2,248.31 63
5.750 2,248.31
NEVADA CITY CA 95959 2 05/07/03 00
0435876115 05 07/01/03 0
1
409459 O 06/01/33
0
8730241 964/G01 F 500,000.00 ZZ
360 500,000.00 1
5.875 2,957.69 69
5.625 2,957.69
BERKELEY CA 94708 1 05/09/03 00
0435877261 05 07/01/03 0
414586 O 06/01/33
0
8730287 964/G01 F 568,000.00 ZZ
360 568,000.00 1
5.875 3,359.94 64
5.625 3,359.94
HALF MOON BAY CA 94019 5 05/05/03 00
0435884242 05 07/01/03 0
390232 O 06/01/33
0
8730307 964/G01 F 366,000.00 ZZ
360 366,000.00 1
5.875 2,165.03 49
5.625 2,165.03
PALO ALTO CA 94306 2 04/29/03 00
0435876164 05 07/01/03 0
398283 O 06/01/33
0
8730323 964/G01 F 511,000.00 ZZ
360 511,000.00 1
5.875 3,022.76 43
5.625 3,022.76
GRANITE BAY CA 95746 2 05/02/03 00
0435876552 03 07/01/03 0
387192 O 06/01/33
0
8730353 964/G01 F 454,000.00 ZZ
360 454,000.00 1
5.875 2,685.58 70
5.625 2,685.58
SIERRA MADRE CA 91024 2 05/06/03 00
0435879259 05 07/01/03 0
391428 O 06/01/33
0
1
8730417 964/G01 F 471,000.00 ZZ
360 471,000.00 1
5.875 2,786.14 76
5.625 2,786.14
ERIE CO 80516 2 05/12/03 00
0435882220 05 07/01/03 0
399428 O 06/01/33
0
8730803 964/G01 F 421,600.00 ZZ
360 421,600.00 1
6.000 2,527.70 80
5.750 2,527.70
VENTURA CA 93003 1 05/12/03 00
0435876313 05 07/01/03 0
417856 O 06/01/33
0
8731137 N47/G01 F 386,600.00 ZZ
360 386,600.00 1
6.000 2,317.86 79
5.750 2,317.86
UNION CITY CA 94587 2 05/16/03 00
0435909452 05 07/01/03 0
20504921 O 06/01/33
0
8731433 E82/G01 F 388,000.00 ZZ
360 388,000.00 1
5.875 2,295.17 60
5.625 2,295.17
XXXXXXXX CO 80465 2 05/20/03 00
0400823563 05 07/01/03 0
0400823563 O 06/01/33
0
8731491 E82/G01 F 237,600.00 ZZ
360 237,600.00 1
5.875 1,405.49 74
5.625 1,405.49
DENVER CO 80212 2 05/21/03 00
0400835088 05 07/01/03 0
0400835088 O 06/01/33
0
8731565 E22/G01 F 390,000.00 ZZ
360 390,000.00 1
5.875 2,307.00 60
5.625 2,307.00
1
SANTA BARBARA CA 93101 2 05/08/03 00
0416916872 05 07/01/03 0
0416916872 O 06/01/33
0
8731701 E22/G01 F 358,000.00 ZZ
360 358,000.00 1
5.875 2,117.71 44
5.625 2,117.71
SOUTH SAN FRANC CA 94080 2 05/15/03 00
0416718401 03 07/01/03 0
0416718401 O 06/01/33
0
8731723 E22/G01 F 392,000.00 ZZ
360 392,000.00 1
5.750 2,287.61 73
5.500 2,287.61
SANTA BARBARA CA 93103 2 05/14/03 00
0417052537 05 07/01/03 0
0417052537 O 06/01/33
0
8731959 B44/G01 F 475,000.00 ZZ
360 475,000.00 1
5.750 2,771.97 63
5.500 2,771.97
FAIR OAKS CA 95628 1 05/12/03 00
0435887534 05 07/01/03 0
2032686 O 06/01/33
0
8732053 X89/G01 F 387,000.00 ZZ
360 387,000.00 1
6.000 2,320.26 56
5.750 2,320.26
LOS ANGELES CA 90027 5 05/14/03 00
0435970702 05 07/01/03 0
1010241392 O 06/01/33
0
8733665 975/G01 F 357,500.00 ZZ
360 357,500.00 1
5.875 2,114.75 65
5.625 2,114.75
SAN DIEGO CA 92131 5 05/01/03 00
0435892864 03 07/01/03 0
2031275 O 06/01/33
0
1
8736825 116/116 F 399,600.00 ZZ
360 399,600.00 1
5.875 2,363.78 64
5.625 2,363.78
HOUSTON TX 77024 4 05/02/03 00
091022939 05 07/01/03 0
091022939 O 06/01/33
0
8737035 T53/G01 F 336,000.00 ZZ
360 336,000.00 1
5.875 1,987.57 80
5.625 1,987.57
ESCONDIDO CA 92029 2 05/02/03 00
0435887021 03 07/01/03 0
31002040 O 06/01/33
0
8737707 W40/G01 F 371,600.00 ZZ
360 371,600.00 1
6.000 2,227.93 68
5.750 2,227.93
DEARBORN MI 48124 2 05/19/03 00
0435891379 05 07/01/03 0
100022581 O 06/01/33
0
8737723 X82/G01 F 400,000.00 ZZ
360 400,000.00 1
5.875 2,366.15 70
5.625 2,366.15
OAKTON VA 22124 5 05/15/03 00
0435885843 05 07/01/03 0
856391 O 06/01/33
0
8737785 X51/G01 F 770,000.00 ZZ
360 770,000.00 1
5.875 4,554.84 55
5.625 4,554.84
FREMONT CA 94539 5 05/10/03 00
0435896642 05 07/01/03 0
0030213012 O 06/01/33
0
8738319 X89/G01 F 343,900.00 ZZ
360 343,900.00 1
1
5.750 2,006.91 80
5.500 2,006.91
CONCORD CA 94521 1 05/16/03 00
0435919964 05 07/01/03 0
2006214 O 06/01/33
0
8738781 964/G01 F 380,000.00 ZZ
360 380,000.00 1
5.750 2,217.58 75
5.500 2,217.58
SEBASTOPOL CA 95472 2 05/12/03 00
0435890967 05 07/01/03 0
401348 O 06/01/33
0
8738947 025/025 F 649,900.00 T
348 646,695.73 1
6.500 4,154.24 65
6.250 4,154.24
ST AUGUSTINE BE FL 32080 1 12/30/02 00
0026134973 03 02/01/03 0
0026134973 O 01/01/32
0
8738949 025/025 F 485,700.00 ZZ
348 484,168.49 1
6.125 2,987.00 79
5.875 2,987.00
BRADENTON FL 34202 1 02/24/03 00
0026167486 03 04/01/03 0
0026167486 O 03/01/32
0
8738951 025/025 F 620,000.00 ZZ
360 618,094.36 1
5.875 3,667.53 46
5.625 3,667.53
CUMMING GA 30040 2 02/21/03 00
0026232108 05 04/01/03 0
0026232108 O 03/01/33
0
8738953 025/025 F 552,000.00 ZZ
360 551,450.48 1
6.000 3,309.52 80
5.750 3,309.52
ATLANTA GA 30345 1 04/09/03 00
0026232397 05 06/01/03 0
1
0026232397 O 05/01/33
0
8738961 025/025 F 1,000,000.00 ZZ
360 997,069.27 1
6.125 6,076.11 63
5.875 6,076.11
PINECREST FL 33156 5 02/28/03 00
0026404509 05 04/01/03 0
0026404509 O 03/01/33
0
8738965 025/025 F 420,000.00 ZZ
360 417,233.22 1
6.375 2,620.25 80
6.125 2,620.25
SOUTH MIAMI FL 33143 1 10/29/02 00
0026409896 05 12/01/02 0
0026409896 O 11/01/32
0
8738967 025/025 F 630,000.00 ZZ
360 628,035.80 1
6.125 3,827.95 70
5.875 3,827.95
JACKSONVILLE FL 32207 1 02/28/03 00
0026437939 05 04/01/03 0
0026437939 O 03/01/33
0
8738969 025/025 F 375,000.00 ZZ
360 373,853.51 1
6.375 2,339.51 64
6.125 2,339.51
NAPLES FL 34109 2 03/18/03 00
0026451187 05 05/01/03 0
0026451187 O 04/01/33
0
8738975 025/025 F 505,450.00 ZZ
360 503,896.43 1
5.875 2,989.93 80
5.625 2,989.93
KNOXVILLE TN 37922 1 02/28/03 00
0026611780 05 04/01/03 0
0026611780 O 03/01/33
0
1
8738979 025/025 F 387,000.00 ZZ
360 384,872.27 1
6.500 2,446.10 79
6.250 2,446.10
NORTH PORT FL 34286 2 11/22/02 00
0026662130 03 01/01/03 0
0026662130 O 12/01/32
0
8738987 025/025 F 430,500.00 ZZ
360 429,238.33 1
6.125 2,615.76 79
5.875 2,615.76
LAKE MARY FL 32746 2 02/28/03 00
0026890962 03 04/01/03 0
0026890962 O 03/01/33
0
8738991 025/025 F 394,000.00 ZZ
360 392,456.44 1
6.125 2,393.99 47
5.875 2,393.99
SAVANNAH GA 31411 2 01/06/03 00
0026909812 05 03/01/03 0
0026909812 O 02/01/33
0
8738995 025/025 F 401,550.00 ZZ
360 400,373.17 1
6.125 2,439.86 55
5.875 2,439.86
ATLANTA GA 30309 5 02/14/03 00
0026938605 05 04/01/03 0
0026938605 O 03/01/33
0
8739015 025/025 F 845,000.00 ZZ
360 843,392.29 1
6.250 5,202.81 65
6.000 5,202.81
TYBEE ISLAND GA 31328 2 03/10/03 00
0027129121 05 05/01/03 0
0027129121 O 04/01/33
0
8739017 025/025 F 360,000.00 ZZ
360 358,020.72 1
6.500 2,275.44 85
6.250 2,275.44
1
COLUMBUS GA 31820 1 11/21/02 11
0027141563 05 01/01/03 12
0027141563 O 12/01/32
0
8739019 025/025 F 457,000.00 ZZ
360 454,884.83 1
6.000 2,739.95 79
5.750 2,739.95
LITHONIA GA 30058 2 03/05/03 00
0027167618 05 05/01/03 0
0027167618 O 04/01/33
0
8739023 025/025 F 606,400.00 ZZ
360 602,902.47 1
6.250 3,733.71 80
6.000 3,733.71
ORMOND BEACH FL 32174 1 11/15/02 00
0027191642 05 01/01/03 0
0027191642 O 12/01/32
0
8739025 025/025 F 403,000.00 ZZ
360 400,675.63 1
6.250 2,481.34 50
6.000 2,481.34
JUPITER FL 33477 2 11/08/02 00
0027213321 03 01/01/03 0
0027213321 O 12/01/32
0
8739029 025/025 F 401,100.00 ZZ
360 400,280.12 1
5.875 2,372.66 63
5.625 2,372.66
ALPHARETTA GA 30022 2 03/13/03 00
0027253251 03 05/01/03 0
0027253251 O 04/01/33
0
8739031 025/025 F 576,000.00 ZZ
360 572,677.82 1
6.250 3,546.53 80
6.000 3,546.53
ATLANTA GA 30319 1 11/19/02 00
0027277755 05 01/01/03 0
0027277755 O 12/01/32
0
1
8739033 025/025 F 340,000.00 ZZ
360 339,027.12 1
6.250 2,093.44 64
6.000 2,093.44
BOCA RATON FL 33433 5 02/25/03 00
0027293844 03 04/01/03 0
0027293844 O 03/01/33
0
8739037 025/025 F 344,000.00 ZZ
360 343,015.69 1
6.250 2,118.07 80
6.000 2,118.07
SPRING HILL FL 34607 1 02/21/03 00
0027306588 03 04/01/03 0
0027306588 O 03/01/33
0
8739051 025/025 F 393,950.00 ZZ
360 392,795.45 1
6.125 2,393.68 70
5.875 2,393.68
PORTLAND TN 37148 2 02/25/03 00
0027366293 05 04/01/03 0
0027366293 O 03/01/33
0
8739055 025/025 F 467,000.00 ZZ
360 465,726.60 1
6.500 2,951.76 79
6.250 2,951.76
EUSTIS FL 32726 2 02/26/03 00
0027372374 03 04/01/03 0
0027372374 O 03/01/33
0
8739067 025/025 F 771,100.00 ZZ
360 768,729.92 1
5.875 4,561.35 49
5.625 4,561.35
WOODSTOCK GA 30188 2 02/25/03 00
0027403542 05 04/01/03 0
0027403542 O 03/01/33
0
8739069 025/025 F 395,000.00 ZZ
360 393,489.09 1
1
6.250 2,432.08 79
6.000 2,432.08
ATLANTA GA 30306 2 01/21/03 00
0027433317 05 03/01/03 0
0027433317 O 02/01/33
0
8739071 025/025 F 464,600.00 ZZ
360 463,238.38 1
6.125 2,822.96 71
5.875 2,822.96
ALPHARETTA GA 30004 2 03/04/03 00
0027434992 05 04/01/03 0
0027434992 O 03/01/33
0
8739089 025/025 F 463,500.00 ZZ
360 462,552.57 1
5.875 2,741.78 75
5.625 2,741.78
TAMPA FL 33629 2 03/24/03 00
0027483874 05 05/01/03 0
0027483874 O 04/01/33
0
8739093 025/025 F 355,000.00 ZZ
360 354,324.56 1
6.250 2,185.80 68
6.000 2,185.80
SATELLITE BEACH FL 32937 2 03/24/03 00
0027503960 05 05/01/03 0
0027503960 O 04/01/33
0
8739097 025/025 F 387,900.00 ZZ
360 387,144.05 1
6.125 2,356.92 80
5.875 2,356.92
BRENTWOOD TN 37027 1 03/28/03 00
0027554369 03 05/01/03 0
0027554369 O 04/01/33
0
8739137 025/025 F 393,750.00 ZZ
360 392,676.33 1
6.500 2,488.77 75
6.250 2,488.77
ROSWELL GA 30075 5 03/10/03 00
0027876580 05 04/01/03 0
1
0027876580 O 03/01/33
0
8739139 025/025 F 448,500.00 ZZ
360 447,114.40 1
6.250 2,761.49 76
6.000 2,761.49
WINDERMERE FL 34786 2 02/28/03 00
0027878123 03 04/01/03 0
0027878123 O 03/01/33
0
8739147 025/025 F 445,600.00 ZZ
360 444,689.16 1
5.875 2,635.89 80
5.625 2,635.89
MACON GA 31210 1 03/14/03 00
0027961093 05 05/01/03 0
0027961093 O 04/01/33
0
8739155 025/025 F 640,000.00 ZZ
354 639,339.52 1
6.000 3,860.48 70
5.750 3,860.48
MARRIOTTSVILLE MD 21104 4 04/23/03 00
0130066954 05 06/01/03 0
0130066954 O 11/01/32
0
8739161 025/025 F 650,000.00 ZZ
360 649,368.24 1
6.125 3,949.47 72
5.875 3,949.47
BETHESDA MD 20816 4 04/04/03 00
0131053753 05 06/01/03 0
0131053753 O 05/01/33
0
8739163 025/025 F 340,350.00 ZZ
360 339,702.43 1
6.250 2,095.60 80
6.000 2,095.60
ELLICOTT CITY MD 21043 4 03/21/03 00
0131149312 05 05/01/03 0
0131149312 O 04/01/33
0
1
8739165 025/025 F 452,000.00 ZZ
360 451,550.03 1
6.000 2,709.97 79
5.750 2,709.97
PORT REPUBLIC VA 24471 4 04/16/03 00
0131169062 05 06/01/03 0
0131169062 O 05/01/33
0
8739169 025/025 F 406,500.00 ZZ
360 406,085.55 1
5.875 2,404.61 79
5.625 2,404.61
PHOENIX MD 21131 4 04/16/03 00
0131218802 05 06/01/03 0
0131218802 O 05/01/33
0
8739171 025/025 F 440,000.00 ZZ
360 436,756.86 1
6.500 2,781.10 80
6.250 2,781.10
BOWIE MD 20721 2 09/23/02 00
0131513350 03 11/01/02 0
0131513350 O 10/01/32
0
8739219 025/025 F 650,000.00 ZZ
360 649,321.36 1
5.750 3,793.22 62
5.500 3,793.22
FAIR OAKS CA 95628 5 04/07/03 00
0132408592 05 06/01/03 0
0132408592 O 05/01/33
0
8739223 025/025 F 415,000.00 ZZ
360 414,586.87 1
6.000 2,488.13 79
5.750 2,488.13
SAN JOSE CA 95124 2 04/01/03 00
0132409681 05 06/01/03 0
0132409681 O 05/01/33
0
8739225 025/025 F 383,700.00 ZZ
360 382,896.86 1
5.750 2,239.17 49
5.500 2,239.17
1
ARLINGTON VA 22205 2 03/19/03 00
0132409749 05 05/01/03 0
0132409749 O 04/01/33
0
8739233 025/025 F 360,000.00 ZZ
360 359,298.41 1
6.125 2,187.40 80
5.875 2,187.40
EL DORADO HILLS CA 95762 2 03/27/03 00
0132417494 05 05/01/03 0
0132417494 O 04/01/33
0
8739235 025/025 F 388,500.00 ZZ
360 388,113.25 1
6.000 2,329.25 49
5.750 2,329.25
SAN MARTIN CA 95046 2 04/03/03 00
0132428392 05 06/01/03 0
0132428392 O 05/01/33
0
8739249 025/025 F 348,800.00 ZZ
360 348,425.00 1
5.625 2,007.89 63
5.375 2,007.89
SOQUEL CA 95073 2 04/08/03 00
0132440264 05 06/01/03 0
0132440264 O 05/01/33
0
8739267 025/025 F 672,000.00 ZZ
360 670,626.39 1
5.875 3,975.13 43
5.625 3,975.13
SAN JOSE CA 95138 2 03/24/03 00
0132462961 05 05/01/03 0
0132462961 O 04/01/33
0
8739271 025/025 F 412,700.00 ZZ
360 412,269.11 1
5.750 2,408.41 59
5.500 2,408.41
STUART FL 34997 2 04/08/03 00
0132468240 03 06/01/03 0
0132468240 O 05/01/33
0
1
8739275 025/025 F 412,000.00 ZZ
360 411,157.83 1
5.875 2,437.14 80
5.625 2,437.14
SAN JOSE CA 95123 1 03/18/03 00
0132472366 05 05/01/03 0
0132472366 O 04/01/33
0
8739277 025/025 F 436,000.00 ZZ
360 435,108.79 1
5.875 2,579.10 80
5.625 2,579.10
APTOS CA 95003 1 03/24/03 00
0132473315 05 05/01/03 0
0132473315 O 04/01/33
0
8739295 025/025 F 490,000.00 ZZ
360 489,450.00 1
6.000 2,937.80 47
5.750 2,937.80
SAN ANSELMO CA 94960 2 04/04/03 00
0132493552 05 06/01/03 0
0132493552 O 05/01/33
0
8739297 025/025 F 454,200.00 ZZ
360 453,518.31 1
6.125 2,759.77 77
5.875 2,759.77
SAN JOSE CA 95136 2 04/16/03 00
0132493685 05 06/01/03 0
0132493685 O 05/01/33
0
8739311 025/025 F 419,000.00 ZZ
360 418,392.76 1
6.125 2,545.89 60
5.875 2,545.89
MORGAN HILL CA 95037 2 04/15/03 00
0132523598 03 06/01/03 0
0132523598 O 05/01/33
0
8739313 025/025 F 340,000.00 ZZ
360 339,661.53 1
1
6.000 2,038.47 54
5.750 2,038.47
SAN JOSE CA 95125 1 04/02/03 00
0132533787 05 06/01/03 0
0132533787 O 05/01/33
0
8739315 025/025 F 448,000.00 ZZ
360 447,574.91 1
6.250 2,758.42 77
6.000 2,758.42
SAN JOSE CA 95136 2 04/10/03 00
0132537440 03 06/01/03 0
0132537440 O 05/01/33
0
8739317 025/025 F 463,700.00 ZZ
360 463,238.38 1
6.000 2,780.12 79
5.750 2,780.12
WOODBRIDGE VA 22192 2 04/18/03 00
0132567991 03 06/01/03 0
0132567991 O 05/01/33
0
8739321 025/025 F 350,000.00 ZZ
360 348,951.28 1
6.500 2,212.24 84
6.250 2,212.24
ASHLAND VA 23005 1 02/19/03 12
0140517251 03 04/01/03 25
0140517251 O 03/01/33
0
8739327 025/025 F 481,600.00 ZZ
360 479,801.49 1
6.375 3,004.56 72
6.125 3,004.56
NASHVILLE TN 37220 2 12/30/02 00
0140893231 05 03/01/03 0
0140893231 O 02/01/33
0
8739333 025/025 F 480,000.00 ZZ
360 477,231.47 1
6.250 2,955.45 80
6.000 2,955.45
CROWNSVILLE MD 21032 1 11/26/02 00
0140996224 03 01/01/03 0
1
0140996224 O 12/01/32
0
8739337 025/025 F 500,000.00 ZZ
360 499,025.56 1
6.125 3,038.06 80
5.875 3,038.06
SANTA CLARA CA 95054 1 03/01/03 00
0141033977 03 05/01/03 0
0141033977 O 04/01/33
0
8739341 025/025 F 500,000.00 ZZ
360 499,514.02 1
6.125 3,038.06 50
5.875 3,038.06
LOS GATOS CA 95030 2 04/01/03 00
0141034439 05 06/01/03 0
0141034439 O 05/01/33
0
8739345 025/025 F 352,000.00 ZZ
360 349,969.73 1
6.250 2,167.33 64
6.000 2,167.33
SPOTSYLVANIA VA 22553 5 11/27/02 00
0141056838 03 01/01/03 0
0141056838 O 12/01/32
0
8739349 025/025 F 343,200.00 ZZ
360 341,593.62 1
6.375 2,141.13 80
6.125 2,141.13
WARRENTON VA 20186 1 12/09/02 00
0141070086 05 02/01/03 0
0141070086 O 01/01/33
0
8739351 025/025 F 440,000.00 ZZ
360 437,890.68 1
6.250 2,709.16 80
6.000 2,709.16
ALEXANDRIA VA 22314 1 12/09/02 00
0141108324 05 02/01/03 0
0141108324 O 01/01/33
0
1
8739353 025/025 F 404,000.00 ZZ
360 402,787.39 1
6.000 2,422.18 76
5.750 2,422.18
CLIFTON VA 20124 2 02/27/03 00
0141119867 03 04/01/03 0
0141119867 O 03/01/33
0
8739355 025/025 F 800,000.00 ZZ
360 796,939.90 1
6.250 4,925.74 53
6.000 4,925.74
POTOMAC MD 20854 5 01/07/03 00
0141121251 03 03/01/03 0
0141121251 O 02/01/33
0
8739357 025/025 F 525,000.00 ZZ
360 522,483.06 1
6.250 3,232.52 54
6.000 3,232.52
BETHESDA MD 20817 2 12/20/02 00
0141160325 05 02/01/03 0
0141160325 O 01/01/33
0
8739359 025/025 F 448,500.00 ZZ
360 446,784.40 1
6.250 2,761.50 72
6.000 2,761.50
VIENNA VA 22182 2 01/06/03 00
0141172718 05 03/01/03 0
0141172718 O 02/01/33
0
8739375 025/025 F 500,000.00 ZZ
360 498,499.24 1
6.000 2,997.76 65
5.750 2,997.76
FALLS CHURCH VA 22046 2 02/24/03 00
0141330167 05 04/01/03 0
0141330167 O 03/01/33
0
8739379 025/025 F 405,000.00 ZZ
360 403,813.04 1
6.125 2,460.83 60
5.875 2,460.83
1
ANNANDALE VA 22003 5 02/21/03 00
0141335158 05 04/01/03 0
0141335158 O 03/01/33
0
8739381 025/025 F 517,000.00 ZZ
360 515,448.23 1
6.000 3,099.68 76
5.750 3,099.68
OAK HILL VA 20171 2 02/28/03 00
0141335265 03 04/01/03 0
0141335265 O 03/01/33
0
8739383 025/025 F 369,000.00 T
360 367,969.21 1
6.375 2,302.09 65
6.125 2,302.09
WASHINGTON DC 20005 2 02/19/03 00
0141335414 08 04/01/03 0
0141335414 O 03/01/33
0
8739387 025/025 F 427,000.00 ZZ
360 426,071.26 1
6.000 2,560.09 79
5.750 2,560.09
FALLS CHURCH VA 22043 2 03/17/03 00
0141341933 05 05/01/03 0
0141341933 O 04/01/33
0
8739393 025/025 F 520,000.00 ZZ
360 518,962.07 1
6.000 3,117.67 77
5.750 3,117.67
WATERFORD VA 20197 2 03/18/03 00
0141344788 05 05/01/03 0
0141344788 O 04/01/33
0
8739395 025/025 F 370,000.00 ZZ
360 367,537.31 1
5.875 2,188.70 77
5.625 2,188.70
SAN JOSE CA 95117 2 04/09/03 00
0141349530 01 05/01/03 0
0141349530 O 04/01/33
0
1
8739399 025/025 F 339,000.00 ZZ
360 338,323.35 1
6.000 2,032.48 46
5.750 2,032.48
GREAT FALLS VA 22066 2 03/24/03 00
0141350942 05 05/01/03 0
0141350942 O 04/01/33
0
8739403 025/025 F 405,400.00 ZZ
360 404,571.33 1
5.875 2,398.09 77
5.625 2,398.09
SPRINGFIELD VA 22153 2 03/20/03 00
0141365353 05 05/01/03 0
0141365353 O 04/01/33
0
8739413 025/025 F 382,000.00 ZZ
360 381,255.13 1
6.125 2,321.08 63
5.875 2,321.08
FALLS CHURCH VA 22046 5 03/27/03 00
0141383273 05 05/01/03 0
0141383273 O 04/01/33
0
8739417 025/025 F 348,200.00 ZZ
360 347,504.99 1
6.000 2,087.64 49
5.750 2,087.64
VA BEACH VA 23451 2 03/18/03 00
0141393496 05 05/01/03 0
0141393496 O 04/01/33
0
8739429 025/025 F 432,800.00 ZZ
360 432,358.74 1
5.875 2,560.18 80
5.625 2,560.18
SCOTTS VALLEY CA 95066 1 04/17/03 00
0141487173 05 06/01/03 0
0141487173 O 05/01/33
0
8739433 025/025 F 329,400.00 ZZ
360 329,064.16 1
1
5.875 1,948.53 76
5.625 1,948.53
CHESAPEAKE VA 23320 2 04/11/03 00
0141504019 05 06/01/03 0
0141504019 O 05/01/33
0
8739439 025/025 F 414,000.00 ZZ
360 413,153.74 1
5.875 2,448.97 66
5.625 2,448.97
ARLINGTON VA 22207 2 04/04/03 00
0141530972 05 05/01/03 0
0141530972 O 04/01/33
0
8739451 025/025 F 469,500.00 ZZ
360 468,562.88 1
6.000 2,814.89 73
5.750 2,814.89
MARIETTA GA 30068 2 03/21/03 00
0141536045 03 05/01/03 0
0141536045 O 04/01/33
0
8739457 025/025 F 416,000.00 ZZ
360 415,595.67 1
6.125 2,527.66 80
5.875 2,527.66
SAN JOSE CA 95008 1 04/22/03 00
0141554956 05 06/01/03 0
0141554956 O 05/01/33
0
8739493 025/025 F 406,000.00 ZZ
360 403,194.54 1
6.375 2,532.92 71
6.125 2,532.92
TRACY CA 95376 2 10/15/02 00
0131518714 05 12/01/02 0
0131518714 O 11/01/32
0
8739495 025/025 F 470,350.00 ZZ
360 467,396.53 1
6.625 3,011.71 79
6.375 3,011.71
HERNDON VA 20170 2 10/11/02 00
0131527509 05 12/01/02 0
1
0131527509 O 11/01/32
0
8739497 025/025 F 360,000.00 ZZ
360 357,628.40 1
6.375 2,245.94 72
6.125 2,245.94
DAVIDSONVILLE MD 21035 2 10/22/02 00
0131542383 03 12/01/02 0
0131542383 O 11/01/32
0
8739499 025/025 F 342,550.00 ZZ
360 340,574.27 1
6.250 2,109.14 80
6.000 2,109.14
STAFFORD VA 22554 1 11/04/02 00
0131597577 03 01/01/03 0
0131597577 O 12/01/32
0
8739505 025/025 F 532,000.00 ZZ
360 528,664.19 1
6.250 3,275.62 80
6.000 3,275.62
ALEXANDRIA VA 22315 2 12/03/02 00
0131713620 03 01/01/03 0
0131713620 O 12/01/32
0
8739509 025/025 F 648,000.00 ZZ
360 646,706.59 1
6.000 3,885.09 71
5.750 3,885.09
BIRMINGHAM AL 35243 2 03/07/03 00
0131757528 03 05/01/03 0
0131757528 O 04/01/33
0
8739513 025/025 F 329,850.00 ZZ
360 327,854.99 1
6.000 1,977.62 66
5.750 1,977.62
ALEXANDRIA VA 22305 2 12/04/02 00
0131876955 05 01/01/03 0
0131876955 O 12/01/32
0
1
8739515 025/025 F 437,400.00 ZZ
360 435,303.14 1
6.250 2,693.15 78
6.000 2,693.15
ALEXANDRIA VA 22314 2 12/20/02 00
0131882110 05 02/01/03 0
0131882110 O 01/01/33
0
8739517 025/025 F 475,000.00 ZZ
360 472,667.95 1
6.125 2,886.15 51
5.875 2,886.15
CHEVY CHASE MD 20815 1 12/10/02 00
0131886178 05 02/01/03 0
0131886178 O 01/01/33
0
8739519 025/025 F 372,750.00 ZZ
360 368,956.64 1
6.375 2,325.48 47
6.125 2,325.48
VIENNA VA 22181 2 12/17/02 00
0131897068 05 02/01/03 0
0131897068 O 01/01/33
0
8739525 025/025 F 642,650.00 ZZ
360 640,071.67 1
6.000 3,853.02 59
5.750 3,853.02
CULPEPER VA 22701 2 01/24/03 00
0131966889 05 03/01/03 0
0131966889 O 02/01/33
0
8739531 025/025 F 417,100.00 ZZ
360 412,967.76 1
6.000 2,500.73 74
5.750 2,500.73
FALLS CHURCH VA 22046 2 12/27/02 00
0132027764 05 02/01/03 0
0132027764 O 01/01/33
0
8739533 025/025 F 407,200.00 ZZ
360 403,699.19 1
6.500 2,573.79 60
6.250 2,573.79
1
ARLINGTON VA 22207 2 01/31/03 00
0132045642 05 03/01/03 0
0132045642 O 02/01/33
0
8739537 025/025 F 456,000.00 ZZ
360 454,213.54 1
6.125 2,770.71 80
5.875 2,770.71
BETHESDA MD 20814 1 02/10/03 00
0132060948 05 03/01/03 0
0132060948 O 02/01/33
0
8739539 025/025 F 375,000.00 ZZ
360 363,435.33 1
6.000 2,248.32 45
5.750 2,248.32
COCKEYSVILLE MD 21030 2 01/31/03 00
0132071218 03 03/01/03 0
0132071218 O 02/01/33
0
8739541 025/025 F 475,300.00 ZZ
360 473,525.00 1
6.375 2,965.26 76
6.125 2,965.26
ALEXANDRIA VA 22301 2 01/23/03 00
0132077256 05 03/01/03 0
0132077256 O 02/01/33
0
8739547 025/025 F 661,650.00 ZZ
360 651,655.62 1
6.250 4,073.90 75
6.000 4,073.90
BETHESDA MD 20817 2 01/30/03 00
0132102005 05 03/01/03 0
0132102005 O 02/01/33
0
8739549 025/025 F 356,000.00 ZZ
360 355,005.55 1
6.375 2,220.98 80
6.125 2,220.98
WILLIAMSBURG VA 23185 1 02/21/03 00
0132108325 03 04/01/03 0
0132108325 O 03/01/33
0
1
8739551 025/025 F 460,800.00 ZZ
360 459,449.52 1
6.125 2,799.87 80
5.875 2,799.87
CHANTILLY VA 20151 1 02/24/03 00
0132115015 03 04/01/03 0
0132115015 O 03/01/33
0
8739573 025/025 F 334,500.00 ZZ
360 330,156.67 1
5.875 1,978.69 52
5.625 1,978.69
HERNDON VA 20170 2 02/24/03 00
0132208059 05 04/01/03 0
0132208059 O 03/01/33
0
8739579 025/025 F 480,000.00 ZZ
360 477,871.70 1
6.250 2,955.45 80
6.000 2,955.45
WASHINGTON DC 20016 1 03/03/03 00
0132230095 05 04/01/03 0
0132230095 O 03/01/33
0
8739585 025/025 F 475,000.00 ZZ
360 473,828.56 1
5.875 2,809.81 80
5.625 2,809.81
RICHMOND VA 23229 1 03/17/03 00
0132248287 05 05/01/03 0
0132248287 O 04/01/33
0
8739589 025/025 F 410,000.00 ZZ
360 405,083.27 1
5.750 2,392.65 53
5.500 2,392.65
WHITE STONE VA 22578 2 03/21/03 00
0132262841 05 05/01/03 0
0132262841 O 04/01/33
0
8739601 025/025 F 408,000.00 ZZ
360 406,575.63 1
1
6.000 2,446.17 80
5.750 2,446.17
BETHESDA MD 20817 1 02/28/03 00
0132293499 05 04/01/03 0
0132293499 O 03/01/33
0
8739619 025/025 F 368,000.00 ZZ
360 367,233.73 1
6.000 2,206.35 50
5.750 2,206.35
TAMPA FL 33609 5 03/17/03 00
0132311101 05 05/01/03 0
0132311101 O 04/01/33
0
8739621 025/025 F 498,400.00 ZZ
360 497,405.20 1
6.000 2,988.16 80
5.750 2,988.16
FALLS CHURCH VA 22043 1 03/28/03 00
0132312422 03 05/01/03 0
0132312422 O 04/01/33
0
8739627 025/025 F 363,000.00 ZZ
360 362,292.56 1
6.125 2,205.63 74
5.875 2,205.63
SAN JOSE CA 95124 2 03/11/03 00
0132318874 05 05/01/03 0
0132318874 O 04/01/33
0
8739635 025/025 F 403,000.00 ZZ
360 402,156.47 1
5.750 2,351.80 68
5.500 2,351.80
SEVERNA PARK MD 21146 2 03/25/03 00
0132332396 05 05/01/03 0
0132332396 O 04/01/33
0
8739637 025/025 F 355,000.00 ZZ
360 354,221.98 1
6.125 2,157.02 62
5.875 2,157.02
SANTA CLARA CA 95051 2 03/27/03 00
0132332784 05 05/01/03 0
1
0132332784 O 04/01/33
0
8739639 025/025 F 470,000.00 ZZ
360 469,039.28 1
5.875 2,780.23 71
5.625 2,780.23
STERLING VA 20165 2 04/02/03 00
0132333725 03 05/01/03 0
0132333725 O 04/01/33
0
8739643 025/025 F 333,000.00 ZZ
360 332,335.34 1
6.000 1,996.50 50
5.750 1,996.50
DAVIS CA 95616 2 03/21/03 00
0132345273 05 05/01/03 0
0132345273 O 04/01/33
0
8739649 025/025 F 650,000.00 ZZ
360 647,759.11 1
5.875 3,845.00 54
5.625 3,845.00
LOS GATOS CA 95030 5 03/24/03 00
0132351321 05 05/01/03 0
0132351321 O 04/01/33
0
8739651 025/025 F 330,000.00 ZZ
360 329,663.55 1
5.875 1,952.07 63
5.625 1,952.07
JENSEN BEACH FL 34957 5 04/10/03 00
0132352741 05 06/01/03 0
0132352741 O 05/01/33
0
8739653 025/025 F 373,700.00 ZZ
360 372,954.08 1
6.000 2,240.53 67
5.750 2,240.53
SAN JOSE CA 95112 5 03/01/03 00
0132352998 05 05/01/03 0
0132352998 O 04/01/33
0
1
8739655 025/025 F 458,000.00 ZZ
360 456,777.45 1
6.000 2,745.94 62
5.750 2,745.94
SAN JOSE CA 95129 2 03/18/03 00
0132354994 05 05/01/03 0
0132354994 O 04/01/33
0
8739659 025/025 F 448,000.00 ZZ
360 445,902.79 1
6.000 2,685.99 50
5.750 2,685.99
CUPERTINO CA 95014 2 03/18/03 00
0132355090 05 05/01/03 0
0132355090 O 04/01/33
0
8739663 025/025 F 332,800.00 ZZ
360 331,831.04 1
6.000 1,995.30 67
5.750 1,995.30
GILROY CA 95020 5 03/13/03 00
0132364167 05 05/01/03 0
0132364167 O 04/01/33
0
8739665 025/025 F 330,000.00 ZZ
360 329,671.48 1
6.000 1,978.52 68
5.750 1,978.52
SUTTER CREEK CA 95685 2 04/22/03 00
0132369588 03 06/01/03 0
0132369588 O 05/01/33
0
8739667 025/025 F 403,000.00 ZZ
360 402,156.47 1
5.750 2,351.80 69
5.500 2,351.80
TOWSON MD 21204 2 03/19/03 00
0132370701 05 05/01/03 0
0132370701 O 04/01/33
0
8739677 025/025 F 378,000.00 ZZ
360 377,245.50 1
6.000 2,266.31 75
5.750 2,266.31
1
SAN JOSE CA 95123 2 03/20/03 00
0132373374 05 05/01/03 0
0132373374 O 04/01/33
0
8739695 025/025 F 416,000.00 ZZ
360 415,129.26 1
5.750 2,427.66 80
5.500 2,427.66
CAPE CORAL FL 33914 1 03/14/03 00
0132404153 05 05/01/03 0
0132404153 O 04/01/33
0
8739697 025/025 F 473,000.00 ZZ
360 472,529.13 1
6.000 2,835.87 67
5.750 2,835.87
SAN JOSE CA 95135 2 04/07/03 00
0132407446 03 06/01/03 0
0132407446 O 05/01/33
0
8739913 E82/G01 F 336,200.00 ZZ
360 336,200.00 1
5.875 1,988.75 48
5.625 1,988.75
PLEASANTON CA 94566 2 05/19/03 00
0400836938 05 07/01/03 0
0400836938 O 06/01/33
0
8739959 E22/G01 F 130,000.00 ZZ
360 130,000.00 1
5.875 769.00 52
5.625 769.00
PUYALLUP WA 98372 5 05/15/03 00
0416977049 05 07/01/03 0
0416977049 O 06/01/33
0
8740227 E22/G01 F 248,000.00 ZZ
360 248,000.00 1
5.875 1,467.01 80
5.625 1,467.01
PUYALLUP WA 98372 2 05/16/03 00
0417057890 03 07/01/03 0
0417057890 O 06/01/33
0
1
8740501 E22/G01 F 111,000.00 ZZ
360 111,000.00 1
5.500 630.25 68
5.250 630.25
MATTESON IL 60443 2 05/20/03 00
0417103173 05 07/01/03 0
0417103173 O 06/01/33
0
8740857 696/G01 F 437,800.00 ZZ
360 437,353.65 1
5.875 2,589.75 77
5.625 2,589.75
MCLEAN VA 22101 2 05/05/03 00
0435883103 05 06/01/03 0
24603150 O 05/01/33
0
8740941 X89/G01 F 670,750.00 ZZ
360 670,750.00 1
5.875 3,967.74 61
5.625 3,967.74
SALINAS CA 93908 5 05/20/03 00
0435884002 05 07/01/03 0
2003997 O 06/01/33
0
8741841 L01/G01 F 419,000.00 ZZ
360 419,000.00 1
5.875 2,478.54 35
5.625 2,478.54
PARADISE VALLEY AZ 85253 2 05/14/03 00
0435900220 05 07/01/03 0
11793280 O 06/01/33
0
8742511 E22/G01 F 728,900.00 ZZ
360 728,900.00 1
6.250 4,487.96 49
6.000 4,487.96
DALLAS TX 75225 2 05/20/03 00
0416673051 05 07/01/03 0
0416673051 O 06/01/33
0
8742565 E22/G01 F 396,300.00 ZZ
360 396,300.00 1
1
5.875 2,344.26 77
5.625 2,344.26
GILROY CA 95020 2 05/14/03 00
0416900405 05 07/01/03 0
0416900405 O 06/01/33
0
8742793 E22/G01 F 368,000.00 ZZ
360 368,000.00 1
6.000 2,206.35 53
5.750 2,206.35
SAN FRANCISCO CA 94118 2 05/15/03 00
0417071370 07 07/01/03 0
0417071370 O 06/01/33
0
8742927 E22/G01 F 387,000.00 ZZ
360 387,000.00 1
6.000 2,320.26 50
5.750 2,320.26
DANVILLE CA 94526 2 05/07/03 00
0416497923 05 07/01/03 0
0416497923 O 06/01/33
0
8742935 E22/G01 F 333,500.00 ZZ
360 333,500.00 1
5.875 1,972.78 69
5.625 1,972.78
ROSEVILLE CA 95661 2 05/14/03 00
0416564375 05 07/01/03 0
0416564375 O 06/01/33
0
8743021 E22/G01 F 399,000.00 ZZ
360 399,000.00 1
5.875 2,360.24 76
5.625 2,360.24
SANTA CLARITA CA 91321 2 05/15/03 00
0416884997 05 07/01/03 0
0416884997 O 06/01/33
0
8743459 696/G01 F 920,500.00 ZZ
360 920,500.00 1
5.875 5,445.11 70
5.625 5,445.11
MCLEAN VA 22101 1 05/16/03 00
0435881412 05 07/01/03 0
1
24603113 O 06/01/33
0
8744103 696/G01 F 454,000.00 ZZ
360 454,000.00 1
5.875 2,685.58 56
5.625 2,685.58
WASHINGTON DC 20015 2 05/12/03 00
0435881107 05 07/01/03 0
25603153 O 06/01/33
0
8744267 X89/G01 F 403,000.00 ZZ
360 403,000.00 1
5.750 2,351.80 59
5.500 2,351.80
ASHLAND OR 97520 2 05/21/03 00
0435892369 05 07/01/03 0
2006399 O 06/01/33
0
8744935 X89/G01 F 536,000.00 ZZ
360 536,000.00 1
5.750 3,127.96 80
5.500 3,127.96
PARK CITY UT 84098 1 05/21/03 00
0435891742 05 07/01/03 0
2007186 O 06/01/33
0
8745111 K15/G01 F 60,000.00 ZZ
360 60,000.00 1
6.250 369.43 75
6.000 369.43
BELDING MI 48809 5 05/12/03 00
0435895974 05 07/01/03 0
035905514288 O 06/01/33
0
8745261 X89/G01 F 175,000.00 ZZ
360 175,000.00 1
6.000 1,049.22 42
5.750 1,049.22
RESEDA CA 91335 5 05/22/03 00
0435968326 05 07/01/03 0
2004001 O 06/01/33
0
1
8745421 A06/G01 F 90,000.00 ZZ
360 90,000.00 1
6.000 539.60 36
5.750 539.60
BIRCH RUN MI 48415 5 05/20/03 00
0435918313 05 07/01/03 0
1 O 06/01/33
0
8745661 L01/G01 F 399,900.00 ZZ
360 399,900.00 1
5.750 2,333.71 75
5.500 2,333.71
SCOTTSDALE AZ 85255 1 05/23/03 00
0435899604 03 07/01/03 0
11826604 O 06/01/33
0
8745851 K21/G01 F 218,000.00 ZZ
360 217,761.39 1
5.500 1,237.78 55
5.250 1,237.78
LOS ANGELES CA 90291 2 04/09/03 00
0435919600 01 06/01/03 0
0325265 O 05/01/33
0
8745963 E22/G01 F 390,000.00 ZZ
360 390,000.00 1
5.875 2,307.00 65
5.625 2,307.00
SAN BRUNO CA 94066 2 05/09/03 00
0416432755 05 07/01/03 0
0416432755 O 06/01/33
0
8746047 E22/G01 F 715,000.00 ZZ
360 715,000.00 1
6.000 4,286.79 75
5.750 4,286.79
BRECKENRIDGE CO 80424 2 05/22/03 00
0416759520 03 07/01/03 0
0416759520 O 06/01/33
0
8746055 E22/G01 F 206,500.00 ZZ
360 206,500.00 1
5.875 1,221.53 94
5.625 1,221.53
1
WESTERVILLE OH 43081 2 05/22/03 04
0416828150 05 07/01/03 30
0416828150 O 06/01/33
0
8746139 R65/G01 F 403,200.00 ZZ
360 403,200.00 1
5.750 2,352.97 60
5.500 2,352.97
WASHINGTON DC 20016 2 05/09/03 00
0435888102 05 07/01/03 0
4215828029 O 06/01/33
0
8746211 E82/G01 F 387,800.00 ZZ
360 387,800.00 1
6.000 2,325.06 63
5.750 2,325.06
RANCHO PALOS VE CA 90275 2 05/22/03 00
0400827515 05 07/01/03 0
0400827515 O 06/01/33
0
8746243 E82/G01 F 378,000.00 ZZ
360 378,000.00 1
6.000 2,266.30 80
5.750 2,266.30
CARLSBAD CA 92009 2 05/22/03 00
0400831657 03 07/01/03 0
0400831657 O 06/01/33
0
8746257 E82/G01 F 392,300.00 ZZ
360 392,300.00 1
5.875 2,320.60 43
5.625 2,320.60
ARCADIA CA 91006 2 05/21/03 00
0400817094 05 07/01/03 0
0400817094 O 06/01/33
0
8746285 E82/G01 F 242,600.00 ZZ
360 242,600.00 1
5.750 1,415.75 55
5.500 1,415.75
ESCONDIDO CA 92029 2 05/21/03 00
0400835500 05 07/01/03 0
0400835500 O 06/01/33
0
1
8746441 E82/G01 F 445,300.00 ZZ
360 445,300.00 1
6.000 2,669.80 55
5.750 2,669.80
VIENNA VA 22180 2 05/23/03 00
0400840112 05 07/01/03 0
0400840112 O 06/01/33
0
8746451 E22/G01 F 444,000.00 ZZ
360 444,000.00 1
5.875 2,626.43 68
5.625 2,626.43
HERMOSA BEACH CA 90254 2 05/14/03 00
0417081734 01 07/01/03 0
0417081734 O 06/01/33
0
8746461 E82/G01 F 362,500.00 ZZ
360 362,500.00 1
5.875 2,144.32 80
5.625 2,144.32
SAN JOSE CA 95123 2 05/22/03 00
0400839072 05 07/01/03 0
0400839072 O 06/01/33
0
8746507 E22/G01 F 177,500.00 ZZ
360 177,500.00 1
6.000 1,064.20 75
5.750 1,064.20
WEST COVINA CA 91791 2 05/20/03 00
0417190386 05 07/01/03 0
0417190386 O 06/01/33
0
8746517 E82/G01 F 271,200.00 ZZ
360 271,200.00 1
5.875 1,604.25 47
5.625 1,604.25
SAN JOSE CA 95120 2 05/22/03 00
0400839817 05 07/01/03 0
0400839817 O 06/01/33
0
8746553 E82/G01 F 308,300.00 ZZ
360 308,300.00 1
1
5.875 1,823.71 73
5.625 1,823.71
PLAISTOW NH 03865 2 05/23/03 00
0400808986 05 07/01/03 0
0400808986 O 06/01/33
0
8746933 964/G01 F 381,000.00 ZZ
360 381,000.00 1
6.000 2,284.29 78
5.750 2,284.29
NOVATO CA 94949 2 05/09/03 00
0435922216 09 07/01/03 0
396632 O 06/01/33
0
8746987 964/G01 F 623,000.00 ZZ
360 623,000.00 1
6.000 3,735.20 70
5.750 3,735.20
ROCKLIN CA 95677 5 05/09/03 00
0435894167 05 07/01/03 0
375542 O 06/01/33
0
8747011 964/G01 F 430,000.00 ZZ
360 429,529.34 1
5.500 2,441.49 64
5.250 2,441.49
PENNGROVE CA 94951 1 03/31/03 00
0435894548 05 06/01/03 0
394523 O 05/01/33
0
8747097 Q59/G01 F 467,000.00 ZZ
360 467,000.00 1
5.875 2,762.48 75
5.625 2,762.48
BUENA PARK CA 90621 2 05/13/03 00
0435960885 05 07/01/03 0
0000503273 O 06/01/33
0
8747685 964/G01 F 650,000.00 ZZ
360 649,321.35 1
5.750 3,793.23 73
5.500 3,793.23
FRESNO CA 93711 2 04/11/03 00
0435914882 05 06/01/03 0
1
374155 O 05/01/33
0
8747719 964/G01 F 370,000.00 ZZ
360 370,000.00 1
5.875 2,188.69 74
5.625 2,188.69
SAN JOSE CA 95135 2 05/13/03 00
0435934948 05 07/01/03 0
404781 O 06/01/33
0
8747727 964/G01 F 378,000.00 ZZ
360 378,000.00 1
5.750 2,205.91 72
5.500 2,205.91
ROSEVILLE CA 95747 2 05/15/03 00
0435926688 05 07/01/03 0
411409 O 06/01/33
0
8747731 964/G01 F 336,750.00 ZZ
360 336,750.00 1
5.750 1,965.18 75
5.500 1,965.18
SAN FRANCISCO CA 94112 1 05/02/03 00
0435920632 09 07/01/03 0
417465 O 06/01/33
0
8747825 X51/G01 F 386,000.00 ZZ
360 386,000.00 1
5.750 2,252.59 56
5.500 2,252.59
SAN JOSE CA 95127 2 05/24/03 00
0435929393 05 07/01/03 0
0030313006 O 06/01/33
0
8747835 696/G01 F 420,000.00 ZZ
360 420,000.00 1
5.750 2,451.01 62
5.500 2,451.01
RESTON VA 20190 2 05/16/03 00
0435889068 03 07/01/03 0
23603074 O 06/01/33
0
1
8747843 D03/D03 F 520,000.00 ZZ
360 520,000.00 1
5.875 3,076.00 68
5.625 3,076.00
MILPITAS CA 95035 5 05/14/03 00
1030003327 05 07/01/03 0
1030003327 O 06/01/33
0
8747893 X89/G01 F 437,000.00 ZZ
360 437,000.00 1
5.875 2,585.03 79
5.625 2,585.03
ROSSMOOR CA 90720 2 05/20/03 00
0435972609 05 07/01/03 0
2005981 O 06/01/33
0
8747907 X89/G01 F 381,000.00 ZZ
360 381,000.00 1
5.875 2,253.76 72
5.625 2,253.76
AGOURA HILLS CA 91301 5 05/14/03 00
0435900337 05 07/01/03 0
2005841 O 06/01/33
0
8748525 E22/G01 F 399,999.00 ZZ
360 399,999.00 1
5.750 2,334.29 79
5.500 2,334.29
PHOENIX AZ 85045 1 05/22/03 00
0416977460 03 07/01/03 0
0416977460 O 06/01/33
0
8748601 367/367 F 455,000.00 ZZ
360 455,000.00 1
6.000 2,727.95 75
5.750 2,727.95
BETHESDA MD 20817 2 05/14/03 00
99408111 05 07/01/03 0
99408111 O 06/01/33
0
8748619 E22/G01 F 355,000.00 ZZ
360 355,000.00 1
6.000 2,128.40 67
5.750 2,128.40
1
MARTINEZ CA 94553 2 05/13/03 00
0416915783 05 07/01/03 0
0416915783 O 06/01/33
0
8749021 E22/G01 F 124,000.00 ZZ
360 124,000.00 1
5.750 723.63 80
5.500 723.63
ENOREE SC 29335 2 05/23/03 00
0417224706 05 07/01/03 0
0417224706 O 06/01/33
0
8749119 E22/G01 F 399,000.00 ZZ
360 399,000.00 1
5.750 2,328.46 61
5.500 2,328.46
SAN JOSE CA 95125 2 05/15/03 00
0416847648 05 07/01/03 0
0416847648 O 06/01/33
0
8749281 E22/G01 F 112,000.00 ZZ
360 112,000.00 1
5.750 653.60 70
5.500 653.60
SUN VALLEY NV 89433 5 05/20/03 00
0417290772 03 07/01/03 0
0417290772 O 06/01/33
0
8749439 E22/G01 F 195,000.00 ZZ
360 195,000.00 1
5.875 1,153.50 42
5.625 1,153.50
CHICAGO IL 60618 5 05/23/03 00
0416646677 05 07/01/03 0
0416646677 O 06/01/33
0
8749815 A06/G01 F 420,000.00 ZZ
360 420,000.00 1
5.750 2,451.01 80
5.500 2,451.01
INDEPENDENCE TO MI 48346 1 05/28/03 00
0435922760 05 07/01/03 0
021000020309835 O 06/01/33
0
1
8752061 S43/G01 F 314,300.00 ZZ
360 314,300.00 1
6.000 1,884.39 83
5.750 1,884.39
SANTA FE NM 87501 2 05/23/03 04
0435952056 01 07/01/03 12
038857 O 06/01/33
0
8752421 Q97/G01 F 410,000.00 ZZ
360 410,000.00 1
5.875 2,425.30 79
5.625 2,425.30
NORFOLK MA 02056 2 05/13/03 00
0435953575 05 07/01/03 0
16033538 O 06/01/33
0
8752899 964/G01 F 400,000.00 ZZ
360 400,000.00 1
5.750 2,334.29 40
5.500 2,334.29
HERMOSA BEACH CA 90254 2 05/13/03 00
0435929500 05 07/01/03 0
403641 O 06/01/33
0
8753169 E22/G01 F 240,000.00 ZZ
360 240,000.00 1
5.750 1,400.57 80
5.500 1,400.57
PINE VALLEY CA 91962 1 05/22/03 00
0417173366 05 07/01/03 0
0417173366 O 06/01/33
0
8753267 E22/G01 F 348,500.00 ZZ
360 348,500.00 1
5.625 2,006.16 53
5.375 2,006.16
YORBA LINDA CA 92887 2 05/22/03 00
0416904159 03 07/01/03 0
0416904159 O 06/01/33
0
8753461 E22/G01 F 229,600.00 ZZ
360 229,600.00 1
1
5.750 1,339.88 80
5.500 1,339.88
FORTMILL SC 29715 1 05/30/03 00
0416884971 05 07/01/03 0
0416884971 O 06/01/33
0
8753727 E22/G01 F 429,000.00 ZZ
360 429,000.00 1
5.750 2,503.53 48
5.500 2,503.53
LAGUNA HILLS CA 92653 2 05/22/03 00
0417203502 03 07/01/03 0
0417203502 O 06/01/33
0
8753751 E86/G01 F 539,000.00 ZZ
360 538,450.46 1
5.875 3,188.39 65
5.625 3,188.39
POTOMAC MD 20854 1 04/30/03 00
0435892997 03 06/01/03 0
314831 O 05/01/33
0
8754549 U37/U37 F 300,000.00 ZZ
360 300,000.00 1
5.750 1,750.72 40
5.500 1,750.72
SANTA BARBARA CA 93109 5 05/13/03 00
8900011610 05 07/01/03 0
8900011610 O 06/01/33
0
8754735 U37/U37 F 150,000.00 ZZ
360 150,000.00 1
5.750 875.36 69
5.500 875.36
SANTA MARIA CA 93454 5 05/08/03 00
8900011676 09 07/01/03 0
8900011676 O 06/01/33
0
8754827 W68/G01 F 290,000.00 ZZ
360 290,000.00 1
6.000 1,738.70 45
5.750 1,738.70
TAHOE CITY CA 96145 5 05/09/03 00
0435943808 05 07/01/03 0
1
3050303 O 06/01/33
0
8755337 X51/G01 F 333,000.00 ZZ
360 333,000.00 1
5.875 1,969.82 80
5.625 1,969.82
OCEANSIDE CA 92057 2 05/08/03 00
0435929237 05 07/01/03 0
0030417008 O 06/01/33
0
8755369 B44/G01 F 320,000.00 ZZ
360 320,000.00 1
5.875 1,892.92 80
5.625 1,892.92
FAIRFIELD CA 94533 1 05/28/03 00
0435947882 05 07/01/03 0
3030465 O 06/01/33
0
8755813 696/G01 F 649,950.00 ZZ
360 649,950.00 1
5.875 3,844.70 78
5.625 3,844.70
BETHESDA MD 20816 2 05/21/03 00
0435908702 05 07/01/03 0
10003019 O 06/01/33
0
8755837 N47/G01 F 420,000.00 ZZ
360 420,000.00 1
5.875 2,484.46 63
5.625 2,484.46
GREAT FALLS VA 22066 5 05/27/03 00
0435923842 05 07/01/03 0
20504869 O 06/01/33
0
8756863 E22/G01 F 131,049.00 ZZ
360 131,049.00 1
5.875 775.20 78
5.625 775.20
ST. PAUL MN 55117 2 05/28/03 00
0417137965 05 07/01/03 0
0417137965 O 06/01/33
0
1
8756893 E22/G01 F 345,000.00 ZZ
360 345,000.00 1
5.750 2,013.33 75
5.500 2,013.33
SALINAS CA 93908 5 05/21/03 00
0416651529 03 07/01/03 0
0416651529 O 06/01/33
0
8758109 R65/G01 F 399,999.00 ZZ
360 399,999.00 1
5.875 2,366.15 80
5.625 2,366.15
SCOTTSDALE AZ 85262 2 05/15/03 00
0435923743 05 07/01/03 0
4189718036 O 06/01/33
0
8758345 L01/G01 F 379,500.00 ZZ
360 379,500.00 1
5.875 2,244.89 43
5.625 2,244.89
SCOTTSDALE AZ 85255 2 05/29/03 00
0435963632 03 07/01/03 0
11976360 O 06/01/33
0
8758423 356/356 F 380,000.00 ZZ
360 380,000.00 1
6.250 2,339.73 60
6.000 2,339.73
SAN JOSE CA 95133 2 05/07/03 00
29042413 05 07/01/03 0
29042413 O 06/01/33
0
8758903 Q30/G01 F 322,700.00 ZZ
360 322,700.00 1
5.990 1,932.68 48
5.740 1,932.68
SOUTH ORANGE NJ 07079 2 05/08/03 00
0435961701 05 07/01/03 0
21021947 O 06/01/33
0
8761975 E22/G01 F 650,000.00 ZZ
360 650,000.00 1
5.750 3,793.22 67
5.500 3,793.22
1
ISSAQUAH WA 98027 2 05/22/03 00
0417229150 05 07/01/03 0
0417229150 O 06/01/33
0
8762073 E22/G01 F 407,200.00 ZZ
360 407,200.00 1
6.000 2,441.37 63
5.750 2,441.37
CARLSBAD CA 92009 2 05/29/03 00
0417140837 03 07/01/03 0
0417140837 O 06/01/33
0
8762351 E22/G01 F 203,000.00 ZZ
360 203,000.00 1
6.000 1,217.09 72
5.750 1,217.09
CAMARILLO CA 93010 5 05/22/03 00
0416796456 01 07/01/03 0
0416796456 O 06/01/33
0
8763231 E82/G01 F 390,400.00 T
360 390,400.00 1
6.000 2,340.65 60
5.750 2,340.65
SAN JOSE CA 95148 2 05/20/03 00
0400823308 05 07/01/03 0
0400823308 O 06/01/33
0
8765469 G51/G01 F 416,000.00 ZZ
360 416,000.00 1
5.750 2,427.67 80
5.500 2,427.67
BOULDER CO 80304 1 05/30/03 00
0435953302 05 07/01/03 0
07000609 O 06/01/33
0
8765833 A06/G01 F 361,250.00 ZZ
360 361,250.00 1
5.875 2,136.93 85
5.625 2,136.93
HOUSTON TX 77024 1 05/29/03 11
0435926647 03 07/01/03 12
1000010301529 O 06/01/33
0
1
8766189 E22/G01 F 370,000.00 ZZ
360 370,000.00 1
5.875 2,188.69 47
5.625 2,188.69
RIVA MD 21140 5 05/30/03 00
0416793339 05 07/01/03 0
0416793339 O 06/01/33
0
8766243 E22/G01 F 214,500.00 ZZ
360 214,500.00 1
5.625 1,234.78 75
5.375 1,234.78
WESTMINSTER CO 80031 2 05/30/03 00
0416933240 03 07/01/03 0
0416933240 O 06/01/33
0
8766891 253/253 F 150,000.00 ZZ
360 150,000.00 1
5.750 875.36 29
5.500 875.36
KINGSLAND TX 78639 2 05/19/03 00
428263 03 07/01/03 0
428263 O 06/01/33
0
8767101 X89/G01 F 648,000.00 ZZ
360 648,000.00 1
5.750 3,781.55 77
5.500 3,781.55
SAN DIEGO CA 92130 2 05/16/03 00
0435934211 03 07/01/03 0
2007848 O 06/01/33
0
8767241 X89/G01 F 182,000.00 ZZ
360 182,000.00 1
5.875 1,076.60 63
5.625 1,076.60
MURRIETA CA 92563 5 05/23/03 00
0435943329 05 07/01/03 0
2007159 O 06/01/33
0
8767361 X89/G01 F 385,000.00 ZZ
360 385,000.00 1
1
5.875 2,277.42 35
5.625 2,277.42
COS COB CT 06807 2 05/27/03 00
0435933346 05 07/01/03 0
2007044 O 06/01/33
0
8767403 964/G01 F 399,900.00 ZZ
360 399,900.00 1
5.875 2,365.56 76
5.625 2,365.56
FREMONT CA 94538 2 05/08/03 00
0435956099 05 07/01/03 0
411105 O 06/01/33
0
8768319 696/G01 F 411,650.00 ZZ
360 411,650.00 1
5.750 2,402.28 80
5.500 2,402.28
WASHINGTON DC 20016 1 05/22/03 00
0435912142 05 07/01/03 0
31203269 O 06/01/33
0
8768575 W68/G01 F 350,000.00 ZZ
360 350,000.00 1
5.750 2,042.50 64
5.500 2,042.50
MANDEVILLE LA 70471 5 05/16/03 00
0435963962 05 07/01/03 0
3050799 O 06/01/33
0
8769145 964/G01 F 352,500.00 ZZ
360 352,500.00 1
5.875 2,085.17 75
5.625 2,085.17
LAKE FOREST CA 92630 5 05/15/03 00
0435917869 05 07/01/03 0
379438 O 06/01/33
0
8769147 964/G01 F 510,000.00 T
360 510,000.00 1
6.000 3,057.71 75
5.750 3,057.71
SAN CLEMENTE CA 92672 2 05/15/03 00
0435958913 05 07/01/03 0
1
383918 O 06/01/33
0
8769149 964/G01 F 350,000.00 ZZ
360 350,000.00 1
5.875 2,070.38 73
5.625 2,070.38
WALLACE CA 95254 5 05/20/03 00
0435918222 05 07/01/03 0
407960 O 06/01/33
0
8769469 E22/G01 F 197,500.00 ZZ
360 197,500.00 1
5.875 1,168.29 60
5.625 1,168.29
LADERA RANCH CA 92694 2 05/06/03 00
0416657831 01 07/01/03 0
0416657831 O 06/01/33
0
8770061 X89/G01 F 407,900.00 ZZ
360 407,900.00 1
5.625 2,348.11 60
5.375 2,348.11
THOUSAND OAKS CA 91320 5 05/21/03 00
0435974894 03 07/01/03 0
2006606 O 06/01/33
0
8770669 W49/G01 F 395,300.00 ZZ
360 395,300.00 1
5.875 2,338.35 76
5.625 2,338.35
SANTA ANA CA 92705 2 05/30/03 00
0435937669 05 07/01/03 0
2003033701 O 06/01/33
0
8770675 S11/G01 F 378,000.00 ZZ
360 378,000.00 1
5.750 2,205.91 63
5.500 2,205.91
TORRANCE CA 90505 2 05/20/03 00
0435950688 05 07/01/03 0
10301126 O 06/01/33
0
1
8770741 A06/G01 F 312,000.00 ZZ
360 312,000.00 1
5.875 1,845.60 55
5.625 1,845.60
LEXINGTON MI 48450 5 05/22/03 00
0435937693 05 07/01/03 0
1 O 06/01/33
0
8771037 964/G01 F 468,000.00 ZZ
360 468,000.00 1
5.875 2,768.40 67
5.625 2,768.40
SAN JOSE CA 95129 2 05/06/03 00
0435966148 05 07/01/03 0
377599 O 06/01/33
0
8772323 511/511 F 309,500.00 ZZ
360 308,218.70 1
5.875 1,830.81 83
5.625 1,830.81
WOODBRIDGE VA 22193 2 01/23/03 11
0002861234 03 03/01/03 12
0002861234 O 02/01/33
0
8772421 253/253 F 480,000.00 ZZ
360 480,000.00 1
5.750 2,801.15 80
5.500 2,801.15
FLOWER MOUND TX 75022 1 05/19/03 00
998964 05 07/01/03 0
998964 O 06/01/33
0
8773561 E22/G01 F 415,200.00 ZZ
360 415,200.00 1
6.125 2,522.80 80
5.875 2,522.80
SACRAMENTO CA 95831 1 05/30/03 00
0417233897 03 07/01/03 0
0417233897 O 06/01/33
0
8777255 E87/G01 F 455,000.00 ZZ
360 455,000.00 1
5.875 2,691.50 65
5.625 2,691.50
1
SANTA BARBARA CA 93101 2 05/06/03 00
0435950209 05 07/01/03 0
70004871 O 06/01/33
0
8777347 T44/G01 F 875,000.00 ZZ
360 875,000.00 1
6.250 5,387.53 65
6.000 5,387.53
VILLA PARK CA 92861 5 05/05/03 00
0435957873 05 07/01/03 0
1074282 O 06/01/33
0
8777937 E22/G01 F 301,000.00 ZZ
360 301,000.00 1
5.875 1,780.53 74
5.625 1,780.53
BOULDER CO 80303 2 06/03/03 00
0417027398 03 07/01/03 0
0417027398 O 06/01/33
0
8778343 E22/G01 F 365,000.00 ZZ
360 365,000.00 1
5.875 2,159.11 79
5.625 2,159.11
LOS ANGELES CA 90025 2 05/28/03 00
0417298106 01 07/01/03 0
0417298106 O 06/01/33
0
8780407 964/G01 F 340,500.00 ZZ
360 340,500.00 1
6.000 2,041.47 55
5.750 2,041.47
LIVERMORE CA 94551 2 05/23/03 00
0435961586 05 07/01/03 0
409444 O 06/01/33
0
8780427 964/G01 F 377,000.00 ZZ
360 377,000.00 1
6.000 2,260.31 76
5.750 2,260.31
LOS ANGELES CA 90034 2 05/23/03 00
0435975735 05 07/01/03 0
400893 O 06/01/33
0
1
8786617 K15/G01 F 199,900.00 ZZ
360 199,900.00 1
5.875 1,182.48 77
5.625 1,182.48
WOODBURY CT 06798 2 05/27/03 00
0435967427 05 07/01/03 0
037805510166 O 06/01/33
0
8787453 253/253 F 423,500.00 ZZ
360 423,500.00 1
6.000 2,539.10 70
5.750 2,539.10
SHINGLE SPRINGS CA 95682 4 05/19/03 00
434658 05 07/01/03 0
434658 O 06/01/33
0
8787497 696/G01 F 400,000.00 ZZ
360 400,000.00 1
5.750 2,334.29 64
5.500 2,334.29
POTOMAC MD 20854 1 05/29/03 00
0435949896 03 07/01/03 0
30203116 O 06/01/33
0
8787501 696/G01 F 501,500.00 ZZ
360 501,500.00 1
5.625 2,886.92 63
5.375 2,886.92
BETHESDA MD 20817 2 05/22/03 00
0435948732 03 07/01/03 0
32903219 O 06/01/33
0
8790325 964/G01 F 500,000.00 ZZ
360 500,000.00 1
5.875 2,957.69 75
5.625 2,957.69
SAN GABRIEL CA 91775 2 05/16/03 00
0435976725 05 07/01/03 0
401682 O 06/01/33
0
8790653 964/G01 F 388,500.00 ZZ
360 388,500.00 1
1
6.000 2,329.25 51
5.750 2,329.25
FRESNO CA 93711 2 05/07/03 00
0435972450 03 07/01/03 0
305471 O 06/01/33
0
8790659 964/G01 F 380,000.00 ZZ
360 380,000.00 1
6.000 2,278.29 80
5.750 2,278.29
SAN JOSE CA 95118 2 05/19/03 00
0435973235 05 07/01/03 0
386007 O 06/01/33
0
8790673 964/G01 F 390,000.00 ZZ
360 390,000.00 1
6.000 2,338.25 70
5.750 2,338.25
DALY CITY CA 94015 2 05/23/03 00
0435954904 05 07/01/03 0
414660 O 06/01/33
0
8790677 964/G01 F 500,000.00 ZZ
360 500,000.00 1
6.000 2,997.75 74
5.750 2,997.75
MILLBRAE CA 94030 1 05/09/03 00
0435958640 05 07/01/03 0
416786 O 06/01/33
0
8790681 964/G01 F 400,000.00 ZZ
360 400,000.00 1
5.875 2,366.15 50
5.625 2,366.15
GLENDALE CA 91207 2 05/22/03 00
0435965918 05 07/01/03 0
417194 O 06/01/33
0
8790687 964/G01 F 392,000.00 ZZ
360 392,000.00 1
5.750 2,287.61 70
5.500 2,287.61
MARTINEZ CA 94553 2 05/23/03 00
0435956370 05 07/01/03 0
1
418693 O 06/01/33
0
8790691 964/G01 F 399,000.00 ZZ
360 399,000.00 1
5.750 2,328.46 65
5.500 2,328.46
SACRAMENTO CA 95864 2 05/22/03 00
0435956628 05 07/01/03 0
421428 O 06/01/33
0
8791649 E22/G01 F 488,000.00 ZZ
360 488,000.00 1
6.000 2,925.81 80
5.750 2,925.81
SAN FRANCISCO CA 94107 1 05/30/03 00
0417271004 05 07/01/03 0
0417271004 O 06/01/33
0
TOTAL NUMBER OF LOANS : 978
TOTAL ORIGINAL BALANCE : 411,545,316.00
TOTAL PRINCIPAL BALANCE : 410,977,069.16
TOTAL ORIGINAL P+I : 2,451,448.54
TOTAL CURRENT P+I : 2,451,448.54
***************************
* END OF REPORT *
***************************
EXHIBIT TWO
SCHEDULE OF DISCOUNT FRACTIONS
(Available Upon Request)
Schedule of Discount Fractions
Loan Number Current Balance Net Mortgage Rate Discount Fraction PO Balance
8358516 $598,744.12 5.470% 0.5455% $3,265.88
8361456 $384,598.03 5.470% 0.5455% $2,097.81
8362502 $569,904.37 5.470% 0.5455% $3,108.57
8366732 $274,712.88 5.470% 0.5455% $1,498.43
8366990 $426,554.18 5.470% 0.5455% $2,326.66
8367370 $380,602.22 5.470% 0.5455% $2,076.01
8367968 $384,598.03 5.470% 0.5455% $2,097.81
8370134 $388,000.00 5.470% 0.5455% $2,116.36
8370316 $118,000.00 5.470% 0.5455% $643.64
8370918 $395,000.00 5.470% 0.5455% $2,154.55
8371498 $335,640.79 5.345% 2.8182% $9,458.97
8371732 $399,200.00 5.470% 0.5455% $2,177.45
8522667 $938,032.47 5.470% 0.5455% $5,116.54
8543791 $366,841.81 5.470% 0.5455% $2,000.96
8555359 $393,175.31 5.470% 0.5455% $2,144.59
8560653 $641,291.09 5.470% 0.5455% $3,497.95
8560941 $378,804.04 5.470% 0.5455% $2,066.20
8561363 $392,760.00 5.470% 0.5455% $2,142.33
8565199 $384,194.14 5.470% 0.5455% $2,095.60
8572029 $393,893.80 5.470% 0.5455% $2,148.51
8578747 $393,135.58 5.220% 5.0909% $20,014.18
8579935 $531,857.71 5.345% 2.8182% $14,988.72
8581415 $396,169.02 5.470% 0.5455% $2,160.92
8589723 $374,395.90 5.345% 2.8182% $10,551.16
8591699 $598,546.53 5.470% 0.5455% $3,264.80
8591747 $356,134.44 5.345% 2.8182% $10,036.52
8592663 $998,955.94 5.470% 0.5455% $5,448.85
8592829 $389,682.64 5.470% 0.5455% $2,125.54
8595791 $643,327.62 5.470% 0.5455% $3,509.06
8595835 $399,042.96 5.345% 2.8182% $11,245.76
8595885 $394,173.22 5.470% 0.5455% $2,150.04
8595915 $359,246.48 5.470% 0.5455% $1,959.53
8610935 $598,744.12 5.470% 0.5455% $3,265.88
8612945 $387,594.91 5.470% 0.5455% $2,114.15
8613879 $387,894.59 5.470% 0.5455% $2,115.79
8616621 $393,588.64 5.470% 0.5455% $2,146.85
8618921 $569,404.88 5.470% 0.5455% $3,105.84
8618953 $645,325.54 5.470% 0.5455% $3,519.96
8622769 $363,370.22 5.470% 0.5455% $1,982.02
8623155 $646,324.49 5.470% 0.5455% $3,525.41
8633765 $393,588.64 5.470% 0.5455% $2,146.85
8633773 $379,603.25 5.470% 0.5455% $2,070.56
8636385 $549,825.34 5.470% 0.5455% $2,999.05
8642213 $998,955.94 5.470% 0.5455% $5,448.85
8647373 $395,586.55 5.470% 0.5455% $2,157.74
8648479 $382,179.16 5.345% 2.8182% $10,770.50
8648907 $589,384.00 5.470% 0.5455% $3,214.82
8651645 $643,327.62 5.470% 0.5455% $3,509.06
8652641 $340,286.25 5.470% 0.5455% $1,856.11
8652649 $472,009.95 5.470% 0.5455% $2,574.60
8652731 $474,504.07 5.470% 0.5455% $2,588.20
8652747 $647,954.31 5.470% 0.5455% $3,534.30
8653017 $626,645.06 5.470% 0.5455% $3,418.06
Wednesday, June 25, 2003 Page 1 of 4
8653019 $368,227.65 5.470% 0.5455% $2,008.51
8653061 $596,349.15 5.470% 0.5455% $3,252.81
8654219 $389,592.81 5.470% 0.5455% $2,125.05
8654231 $389,592.81 5.470% 0.5455% $2,125.05
8654255 $391,590.72 5.470% 0.5455% $2,135.95
8655747 $384,588.41 5.345% 2.8182% $10,838.40
8658231 $339,645.02 5.470% 0.5455% $1,852.61
8658641 $390,591.77 5.470% 0.5455% $2,130.50
8658703 $364,608.94 5.345% 2.8182% $10,275.34
8661323 $381,601.17 5.470% 0.5455% $2,081.46
8661327 $388,593.86 5.470% 0.5455% $2,119.60
8661421 $396,585.50 5.470% 0.5455% $2,163.19
8661459 $394,587.60 5.470% 0.5455% $2,152.30
8664255 $424,523.77 5.095% 7.3636% $31,260.39
8666053 $739,227.39 5.470% 0.5455% $4,032.15
8666229 $349,634.57 5.470% 0.5455% $1,907.10
8666851 $418,562.54 5.470% 0.5455% $2,283.07
8667225 $379,603.25 5.470% 0.5455% $2,070.56
8667459 $649,321.36 5.470% 0.5455% $3,541.75
8669223 $982,972.64 5.470% 0.5455% $5,361.67
8673155 $352,123.15 5.345% 2.8182% $9,923.47
8673247 $184,800.00 5.470% 0.5455% $1,008.00
8675647 $374,608.48 5.470% 0.5455% $2,043.32
8677395 $424,556.27 5.470% 0.5455% $2,315.76
8679751 $400,000.00 5.470% 0.5455% $2,181.82
8679779 $415,565.67 5.470% 0.5455% $2,266.72
8679793 $435,045.31 5.470% 0.5455% $2,372.97
8679821 $444,535.39 5.470% 0.5455% $2,424.74
8679899 $399,582.38 5.470% 0.5455% $2,179.54
8679905 $344,631.18 5.345% 2.8182% $9,712.33
8679935 $435,544.79 5.470% 0.5455% $2,375.70
8679949 $499,477.97 5.470% 0.5455% $2,724.43
8679951 $399,582.38 5.470% 0.5455% $2,179.54
8680007 $409,172.36 5.470% 0.5455% $2,231.85
8680015 $394,187.80 5.470% 0.5455% $2,150.12
8680033 $487,490.49 5.470% 0.5455% $2,659.04
8680045 $418,562.54 5.470% 0.5455% $2,283.07
8680117 $389,592.82 5.470% 0.5455% $2,125.05
8680119 $483,494.68 5.470% 0.5455% $2,637.24
8680149 $434,089.49 5.470% 0.5455% $2,367.76
8680153 $419,520.70 5.470% 0.5455% $2,288.29
8680457 $388,000.00 5.220% 5.0909% $19,752.73
8683173 $143,546.79 5.470% 0.5455% $782.98
8684705 $646,524.29 5.470% 0.5455% $3,526.50
8686971 $268,000.00 5.095% 7.3636% $19,734.55
8687051 $495,200.00 5.470% 0.5455% $2,701.09
8687699 $382,600.12 5.470% 0.5455% $2,086.91
8692881 $388,000.00 5.470% 0.5455% $2,116.36
8697805 $337,139.19 5.345% 2.8182% $9,501.20
8697935 $378,000.00 5.470% 0.5455% $2,061.82
8698001 $207,000.00 5.345% 2.8182% $5,833.64
8698333 $630,000.00 5.470% 0.5455% $3,436.36
8698995 $1,098,851.53 5.470% 0.5455% $5,993.74
8699039 $419,550.99 5.345% 2.8182% $11,823.71
8699127 $454,025.47 5.470% 0.5455% $2,476.50
8702215 $391,000.00 5.470% 0.5455% $2,132.73
8702441 $193,500.00 5.470% 0.5455% $1,055.45
Wednesday, June 25, 2003 Page 2 of 4
8702817 $446,333.52 5.470% 0.5455% $2,434.55
8703775 $387,000.00 5.470% 0.5455% $2,110.91
8704867 $783,000.00 5.470% 0.5455% $4,270.91
8707067 $256,800.00 5.345% 2.8182% $7,237.09
8707397 $564,395.98 5.345% 2.8182% $15,905.70
8707399 $166,000.00 5.470% 0.5455% $905.45
8708015 $458,509.30 5.345% 2.8182% $12,921.63
8708219 $623,660.55 5.345% 2.8182% $17,575.89
8713241 $397,564.36 5.220% 5.0909% $20,239.64
8713891 $497,480.06 5.470% 0.5455% $2,713.53
8715621 $615,000.00 5.470% 0.5455% $3,354.55
8716179 $360,000.00 5.470% 0.5455% $1,963.64
8717051 $409,000.00 5.470% 0.5455% $2,230.91
8717855 $766,500.00 5.470% 0.5455% $4,180.91
8718907 $322,000.00 5.345% 2.8182% $9,074.55
8719003 $216,000.00 5.470% 0.5455% $1,178.18
8719065 $998,000.00 5.470% 0.5455% $5,443.64
8725181 $610,050.00 5.470% 0.5455% $3,327.55
8729915 $580,000.00 5.470% 0.5455% $3,163.64
8730105 $650,000.00 5.470% 0.5455% $3,545.45
8730155 $394,000.00 5.470% 0.5455% $2,149.09
8731723 $392,000.00 5.470% 0.5455% $2,138.18
8731959 $475,000.00 5.470% 0.5455% $2,590.91
8738319 $343,900.00 5.470% 0.5455% $1,875.82
8738781 $380,000.00 5.470% 0.5455% $2,072.73
8739219 $649,321.36 5.470% 0.5455% $3,541.75
8739225 $382,896.86 5.470% 0.5455% $2,088.53
8739249 $348,425.00 5.345% 2.8182% $9,819.25
8739271 $412,269.11 5.470% 0.5455% $2,248.74
8739589 $405,083.27 5.470% 0.5455% $2,209.55
8739635 $402,156.47 5.470% 0.5455% $2,193.58
8739667 $402,156.47 5.470% 0.5455% $2,193.58
8739695 $415,129.26 5.470% 0.5455% $2,264.34
8740501 $111,000.00 5.220% 5.0909% $5,650.91
8744267 $403,000.00 5.470% 0.5455% $2,198.18
8744935 $536,000.00 5.470% 0.5455% $2,923.64
8745661 $399,900.00 5.470% 0.5455% $2,181.27
8745851 $217,761.39 5.220% 5.0909% $11,086.03
8746139 $403,200.00 5.470% 0.5455% $2,199.27
8746285 $242,600.00 5.470% 0.5455% $1,323.27
8747011 $429,529.34 5.220% 5.0909% $21,866.95
8747685 $649,321.35 5.470% 0.5455% $3,541.75
8747727 $378,000.00 5.470% 0.5455% $2,061.82
8747731 $336,750.00 5.470% 0.5455% $1,836.82
8747825 $386,000.00 5.470% 0.5455% $2,105.45
8747835 $420,000.00 5.470% 0.5455% $2,290.91
8748525 $399,999.00 5.470% 0.5455% $2,181.81
8749021 $124,000.00 5.470% 0.5455% $676.36
8749119 $399,000.00 5.470% 0.5455% $2,176.36
8749281 $112,000.00 5.470% 0.5455% $610.91
8749815 $420,000.00 5.470% 0.5455% $2,290.91
8752899 $400,000.00 5.470% 0.5455% $2,181.82
8753169 $240,000.00 5.470% 0.5455% $1,309.09
8753267 $348,500.00 5.345% 2.8182% $9,821.36
8753461 $229,600.00 5.470% 0.5455% $1,252.36
8753727 $429,000.00 5.470% 0.5455% $2,340.00
8754549 $300,000.00 5.470% 0.5455% $1,636.36
Wednesday, June 25, 2003 Page 3 of 4
8754735 $150,000.00 5.470% 0.5455% $818.18
8756893 $345,000.00 5.470% 0.5455% $1,881.82
8761975 $650,000.00 5.470% 0.5455% $3,545.45
8765469 $416,000.00 5.470% 0.5455% $2,269.09
8766243 $214,500.00 5.345% 2.8182% $6,045.00
8766891 $150,000.00 5.470% 0.5455% $818.18
8767101 $648,000.00 5.470% 0.5455% $3,534.55
8768319 $411,650.00 5.470% 0.5455% $2,245.36
8768575 $350,000.00 5.470% 0.5455% $1,909.09
8770061 $407,900.00 5.345% 2.8182% $11,495.36
8770675 $378,000.00 5.470% 0.5455% $2,061.82
8772421 $480,000.00 5.470% 0.5455% $2,618.18
8787497 $400,000.00 5.470% 0.5455% $2,181.82
8787501 $501,500.00 5.345% 2.8182% $14,133.18
8790687 $392,000.00 5.470% 0.5455% $2,138.18
8790691 $399,000.00 5.470% 0.5455% $2,176.36
Wednesday, June 25, 2003 Page 4 of 4
EXHIBIT THREE
INFORMATION TO BE INCLUDED IN
MONTHLY DISTRIBUTION DATE STATEMENT
(i) (a) the amount of such distribution to the Certificateholders
of such Class applied to reduce the Certificate Principal Balance
thereof, and (b) the aggregate amount included therein representing
Principal Prepayments;
(ii) the amount of such distribution to Holders of such Class of
Certificates allocable to interest;
(iii) if the distribution to the Holders of such Class of
Certificates is less than the full amount that would be distributable to
such Holders if there were sufficient funds available therefor, the
amount of the shortfall;
(iv) the amount of any Advance by the Master Servicer pursuant to
Section 4.04;
(v) the number and Pool Stated Principal Balance of the Mortgage
Loans after giving effect to the distribution of principal on such
Distribution Date;
(vi) the aggregate Certificate Principal Balance of each Class of
Certificates and the Senior Percentage, after giving effect to the
amounts distributed on such Distribution Date, separately identifying
any reduction thereof due to Realized Losses other than pursuant to an
actual distribution of principal;
(vii) the related Subordinate Principal Distribution Amount and
Prepayment Distribution Percentage, if applicable;
(viii) on the basis of the most recent reports furnished to it by
Sub-Servicers, (a) the number and aggregate principal balances of
Mortgage Loans that are Delinquent (1) 30-59 days, (2) 60-89 days and
(3) 90 or more days and the number and aggregate principal balance of
Mortgage Loans that are in foreclosure, (b) the number and aggregate
principal balances of Reportable Modified Mortgage Loans that are
Delinquent (1) 30-59 days, (2) 60-89 days and (3) 90 or more days and
the number and aggregate principal balance of Reportable Modified
Mortgage Loans that are in foreclosure and are REO Property, indicating
in each case capitalized Mortgage Loans, other Servicing Modifications
and totals, and (c) for all Reportable Modified Mortgage Loans, the
number and aggregate Stated Principal Balance of Reportable Modified
Mortgage Loans that have been liquidated, the subject of pay-offs and
that have been repurchased by the Master Servicer or Seller;
(ix) the number, aggregate principal balance and book value of
any REO Properties;
(x) the aggregate Accrued Certificate Interest remaining unpaid,
if any, for each Class of Certificates, after giving effect to the
distribution made on such Distribution Date;
-1-
(xi) the Special Hazard Amount, Fraud Loss Amount and Bankruptcy
Amount as of the close of business on such Distribution Date and a
description of any change in the calculation of such amounts;
(xii) the weighted average Pool Strip Rate for such Distribution
Date and the Pass- Through Rate with respect to the Adjustable Rate
Certificates and the Class A-V Certificates and each Subclass, if any,
thereof;
(xiii) the Notional Amount with respect to each class of Interest
Only Certificates and each Subclass Notional Amount;
(xiv) the occurrence of the Credit Support Depletion Date;
(xv) the related Senior Accelerated Distribution Percentage
applicable to such distribution;
(xvi) the related Senior Percentage for such Distribution Date;
(xvii) the aggregate amount of Realized Losses for such
Distribution Date;
(xviii)the aggregate amount of any recoveries on previously
foreclosed loans from Sellers due to a breach of representation or
warranty assigned to the Trustee pursuant to Section 2.04;
(xix) the weighted average remaining term to maturity of the
Mortgage Loans after giving effect to the amounts distributed on such
Distribution Date; and
(xx) the weighted average Mortgage Rates of the Mortgage Loans
after giving effect to the amounts distributed on such Distribution
Date.
In the case of information furnished pursuant to clauses (i) and (ii) above, the
amounts shall be expressed as a dollar amount per Certificate with a $1,000
denomination.
The Trustee's internet website will initially be located at
xxxx://xxx.xxx.xxxxxxx.xxx. To receive this statement via first class mail,
telephone the Trustee at (800) 524-9472.
-2-
EXHIBIT FOUR
STANDARD TERMS OF POOLING AND SERVICING
AGREEMENT DATED AS OF MARCH 1, 2003
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.,
Company,
RESIDENTIAL FUNDING CORPORATION,
Master Servicer,
and
BANK ONE, NATIONAL ASSOCIATION,
Trustee
SERIES SUPPLEMENT,
DATED AS OF APRIL 1, 2003,
TO
STANDARD TERMS OF
POOLING AND SERVICING AGREEMENT
DATED AS OF MARCH 1, 2003
Mortgage Pass-Through Certificates
Series 2003-S9
TABLE OF CONTENTS
PAGE
DEFINITIONS
Section 1.01 Definitions..........................................................-3-
Section 1.02 Use of Words and Phrases............................................-11-
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans.
(See Section 2.01 of the Standard Terms)............................-12-
Section 2.02 Acceptance by Trustee. (See Section 2.02 of the Standard Terms)....-12-
Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the
Company.............................................................-12-
Section 2.04 Representations and Warranties of the Mortgage Loan Seller..........-14-
Section 2.05 Execution and Authentication of Certificates........................-15-
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account. (See Section 4.01 of the Standard Terms)......-17-
Section 4.02 Distributions.......................................................-17-
Section 4.03 Statements to Certificateholders; Statements to Rating Agencies; Exchange
Act Reporting. (See Section 4.03 of the Standard Terms)............-24-
Section 4.04 Distribution of Reports to the Trustee and the Company; Advances by the
Master Servicer. (See Section 4.04 of the Standard Terms)...........-24-
Section 4.05 Allocation of Realized Losses.......................................-25-
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property. (See
Section 4.06 of the Standard Terms).................................-26-
Section 4.07 Optional Purchase of Defaulted Mortgage Loans. (See Section 4.07 of the
Standard Terms).....................................................-26-
Section 4.08 Surety Bond. (See Section 4.08 of the Standard Terms)..............-26-
ARTICLE V
THE CERTIFICATES
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
ARTICLE VII
DEFAULT
ARTICLE VIII
CONCERNING THE TRUSTEE
ARTICLE IX
TERMINATION
Section 9.01 Optional Purchase by the Master Servicer of All Certificates; Termination
Upon Purchase by the Master Servicer or Liquidation
of All Mortgage Loans...............................................-31-
Section 9.02 Additional Termination Requirements.................................-35-
Section 9.03 Termination of Multiple REMICs
(See Section 9.03 of the Standard Terms)............................-35-
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration. (See Section 10.01 of the Standard Terms).....-36-
Section 10.02 Master Servicer; REMIC Administrator and Trustee Indemnification. (See
Section 10.02 of the Standard Terms)................................-36-
Section 10.03 Designation of REMIC(s).............................................-36-
Section 10.04 Distributions on the Uncertificated REMIC Regular Interests.........-36-
Section 10.05 Compliance with Withholding Requirements............................-37-
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment. (See Section 11.01 of the Standard Terms)................-38-
Section 11.02 Recordation of Agreement. Counterparts. (See Section 11.02 of the Standard
Terms)..............................................................-38-
Section 11.03 Limitation on Rights of Certificateholders. (See Section 11.03 of the
Standard Terms).....................................................-38-
Section 11.04 Governing Laws. (See Section 11.04 of the Standard Terms)...........-38-
Section 11.05 Notices.............................................................-38-
Section 11.06 Required Notices to Rating Agency and Subservicer...................-39-
Section 11.07 Severability of Provisions. (See Section 11.07 of the Standard Terms)-39-
Section 11.08 Supplemental Provisions for Resecuritization. (See Section 11.08 of the
Standard Terms).....................................................-39-
Section 11.09 Allocation of Voting Rights.........................................-39-
ARTICLE XII
CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER Section
12.01.Rights of the Certificate Insurer to Exercise Rights of Insured
Certificateholders..................................................-58-
Section 12.02.Claims Upon the Certificate Policy; Certificate Insurance Account...-58-
Section 12.03.Effect of Payments by the Certificate Insurer; Subrogation..........-59-
Section 12.04.Notices and Information to the Certificate Insurer..................-60-
Section 12.05.Trustee to Hold Certificate Policy..................................-60-
Section 12.06.Ratings.............................................................-60-
Section 12.07.Third Party Beneficiaries...........................................-60-
EXHIBITS
Exhibit One: Mortgage Loan Schedule
Exhibit Two: Schedule of Discount Fractions
Exhibit Three: Information to be Included in
Monthly Distribution Date Statement
Exhibit Four: Standard Terms of Pooling and Servicing
Agreement dated as of March 1, 2003
This is a Series Supplement, dated as of April 1, 2003 (the "Series
Supplement"), to the Standard Terms of Pooling and Servicing Agreement, dated as
of March 1, 2003 and attached as Exhibit Four hereto (the "Standard Terms" and,
together with this Series Supplement, the "Pooling and Servicing Agreement" or
"Agreement"), among RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC., as the
company (together with its permitted successors and assigns, the "Company"),
RESIDENTIAL FUNDING CORPORATION, as master servicer (together with its permitted
successors and assigns, the "Master Servicer"), and BANK ONE, NATIONAL
ASSOCIATION, as Trustee (together with its permitted successors and assigns, the
"Trustee").
PRELIMINARY STATEMENT
The Company intends to sell Mortgage Pass-Through Certificates
(collectively, the "Certificates"), to be issued hereunder in multiple classes,
which in the aggregate will evidence the entire beneficial ownership interest in
the Trust Fund. As provided herein, the REMIC Administrator will make an
election to treat the entire segregated pool of assets described in the
definition of Trust Fund, and subject to this Agreement, as a real estate
mortgage investment conduit (the "REMIC") for federal income tax purposes.
The terms and provisions of the Standard Terms are hereby incorporated
by reference herein as though set forth in full herein. If any term or provision
contained herein shall conflict with or be inconsistent with any provision
contained in the Standard Terms, the terms and provisions of this Series
Supplement shall govern. Any cross-reference to a section of the Pooling and
Servicing Agreement, to the extent the terms of the Standard Terms and Series
Supplement conflict with respect to that section, shall be a cross-reference to
the related section of the Series Supplement. All capitalized terms not
otherwise defined herein shall have the meanings set forth in the Standard
Terms. The Pooling and Servicing Agreement shall be dated as of the date of the
Series Supplement.
-1-
The following table sets forth the designation, type, Pass-Through Rate,
aggregate Initial Certificate Principal Balance, Maturity Date, initial ratings
and certain features for each Class of Certificates comprising the interests in
the Trust Fund created hereunder.
AGGREGATE
INITIAL
CERTIFICATE
PASS-THROUGH PRINCIPAL MATURITY MOODY'S/ MINIMUM
DESIGNATION RATE BALANCE FEATURES1 DATE S&P DENOMINATIONS2
Class A-1 6.50% $262,487,000 Senior March 25, 2032 Aaa/AAA $25,000
Senior/Principal
Class A-P 0.00% $ 2,552,004 Only March 25, 2032 Aaa/AAA $25,000
Senior/Interest Only/
Class A-V Variable Rate$ 0 Variable Strip March 25, 2032 Aaa/AAA 20%
Class R 6.50% 100 Senior/Residual March 25, 2032 Aaa/AAA 20%
Class M-1 6.50% $ 4,082,000 Mezzanine March 25, 2032 NA/AA $25,000
Class M-2 6.50% $ 1,088,000 Mezzanine March 25, 2032 NA/A $250,000
Class M-3 6.50% $ 816,000 Mezzanine March 25, 2032 NA/BBB $250,000
Class B-1 6.50% $ 408,000 Subordinate March 25, 2032 NA/BB $250,000
Class B-2 6.50% $ 273,000 Subordinate March 25, 2032 NA/B $250,000
Class B-3 6.50% $ 408,271 Subordinate March 25, 2032 NA/NA $250,000
The Mortgage Loans have an aggregate principal balance as of the Cut-off
Date of $272,114,375.
In consideration of the mutual agreements herein contained, the Company,
the Master Servicer and the Trustee agree as follows:
--------
1 The Class A Certificates and Class M Certificates shall be Book-Entry
Certificates. The Class R and Class B Certificates shall be delivered to
the holders thereof in physical form.
2 The Certificates, other than the Class A-V and Class R Certificates, shall
be issuable in minimum dollar denominations as indicated above (by
Certificate Principal Balance or Notional Amount, as applicable) and
integral multiples of $1 (or $1,000 in the case of the Class A-P, Class
B-1, Class B-2 and Class B-3 Certificates) in excess thereof, except that
one Certificate of any of the Class A-P and Class B Certificates that
contains an uneven multiple of $1,000 shall be issued in a denomination
equal to the sum of the related minimum denomination set forth above and
such uneven multiple for such Class or the sum of such denomination and an
integral multiple of $1,000. The Class R Certificates and Class A-V
Certificates shall be issuable in minimum denominations of not less than a
20% Percentage Interest; provided, however, that one Class R Certificate
will be issuable to Residential Funding as "tax matters person" pursuant to
Section 10.01(c) and (e) in a minimum denomination representing a
Percentage Interest of not less than 0.01%.
-2-
DEFINITIONS
Section 1.01 Definitions.
Whenever used in this Agreement, the following words and phrases, unless
the context otherwise requires, shall have the meanings specified in this
Article.
Bankruptcy Amount: As of any date of determination prior to the first
anniversary of the Cut-off Date, an amount equal to the excess, if any, of (A)
$100,000 over (B) the aggregate amount of Bankruptcy Losses allocated solely to
one or more specific Classes of Certificates in accordance with Section 4.05 of
this Series Supplement. As of any date of determination on or after the first
anniversary of the Cut-off Date, an amount equal to the excess, if any, of
(1) the lesser of (a) the Bankruptcy Amount calculated as of the
close of business on the Business Day immediately preceding the most
recent anniversary of the Cut-off Date coinciding with or preceding such
date of determination (or, if such date of determination is an
anniversary of the Cut-off Date, the Business Day immediately preceding
such date of determination) (for purposes of this definition, the
"Relevant Anniversary") and (b) the greater of
(A) the greater of (i) 0.0006 times the aggregate
principal balance of all the Mortgage Loans in the Mortgage Pool
as of the Relevant Anniversary (other than Additional Collateral
Loans, if any) having a Loan-to-Value Ratio at origination which
exceeds 75% and (ii) $100,000; and
(B) the greater of (i) the product of (x) an amount equal
to the largest difference in the related Monthly Payment for any
Non-Primary Residence Loan remaining in the Mortgage Pool (other
than Additional Collateral Loans, if any) which had an original
Loan-to-Value Ratio of 80% or greater that would result if the
Net Mortgage Rate thereof was equal to the weighted average
(based on the principal balance of the Mortgage Loans as of the
Relevant Anniversary) of the Net Mortgage Rates of all Mortgage
Loans as of the Relevant Anniversary less 1.25% per annum, (y) a
number equal to the weighted average remaining term to maturity,
in months, of all Non-Primary Residence Loans remaining in the
Mortgage Pool as of the Relevant Anniversary, and (z) one plus
the quotient of the number of all Non- Primary Residence Loans
remaining in the Mortgage Pool divided by the total number of
Outstanding Mortgage Loans in the Mortgage Pool as of the
Relevant Anniversary, and (ii) $50,000,
over
(2) the aggregate amount of Bankruptcy Losses allocated solely to
one or more specific Classes of Certificates in accordance with Section
4.05 since the Relevant Anniversary.
-3-
The Bankruptcy Amount may be further reduced by the Master Servicer
(including accelerating the manner in which such coverage is reduced) provided
that prior to any such reduction, the Master Servicer shall (i) obtain written
confirmation from each Rating Agency that such reduction shall not reduce the
rating assigned to any Class of Certificates by such Rating Agency below the
lower of the then-current rating or the rating assigned to such Certificates as
of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
Certificate: Any Class A, Class M, Class B or Class R Certificate.
Certificate Account: The separate account or accounts created and
maintained pursuant to Section 4.01 of the Standard Terms, which shall be
entitled "Bank One, National Association, as trustee, in trust for the
registered holders of Residential Funding Mortgage Securities I, Inc., Mortgage
Pass-Through Certificates, Series 2003-S9" and which must be an Eligible
Account.
Class A Certificate: Any one of the Class A-1, Class A-P or Class A-V
Certificates, executed by the Trustee and authenticated by the Certificate
Registrar substantially in the form annexed to the Standard Terms as Exhibit A.
Class R Certificate: Any one of the Class R Certificates executed by the
Trustee and authenticated by the Certificate Registrar substantially in the form
annexed to the Standard Terms as Exhibit D and evidencing an interest designated
as a "residual interest" in the REMIC for purposes of the REMIC Provisions.
Closing Date: April 30, 2003.
Corporate Trust Office: The principal office of the Trustee at which at
any particular time its corporate trust business with respect to this Agreement
shall be administered, which office at the date of the execution of this
instrument is located at 1 Bank One Plaza, Suite IL1-0126, Chicago, Illinois
60670-0126, Attention: Residential Funding Corporation Series 2003-S9.
Cut-off Date: April 1, 2003.
Determination Date: With respect to any Distribution Date, the second
Business Day prior to each Distribution Date.
Discount Net Mortgage Rate: 6.50% per annum.
Due Period: With respect to each Distribution Date and any Mortgage Loan,
the calendar month of such Distribution Date.
Eligible Funds: On any Distribution Date, the portion, if any, of the
Available Distribution Amount remaining after reduction by the sum of (i) the
aggregate amount of Accrued Certificate Interest on the Senior Certificates,
(ii) the Senior Principal Distribution Amount (determined without regard to
Section 4.02(a)(ii)(Y)(D) of this Series Supplement), (iii) the Class A-P
Principal Distribution Amount (determined without regard to Section
4.02(b)(i)(E) of this Series Supplement)
-4-
and (iv) the aggregate amount of Accrued Certificate Interest on the Class M,
Class B-1 and Class B-2 Certificates.
Fraud Loss Amount: As of any date of determination after the Cut-off
Date, an amount equal to:(X) prior to the third anniversary of the Cut-off Date
an amount equal to 2.50% of the aggregate principal balance of all of the
Mortgage Loans as of the Cut-off Date minus the aggregate amounts allocated
through subordination with respect to Fraud Losses up to that date of
determination, (Y) from the third to the fifth anniversary of the Cut-off Date,
an amount equal to 1.75% of the aggregate principal balance of all of the
Mortgage Loans as of the Cut-off Date minus the aggregate amounts allocated
through subordination with respect to Fraud Losses up to that date of
determination and (Z) from the second to the fifth anniversary of the Cut-off
Date, an amount equal to (1) the lesser of (a) the Fraud Loss Amount as of the
most recent anniversary of the Cut-off Date and (b) 1.00% of the aggregate
principal balance of all of the Mortgage Loans as of the most recent anniversary
of the Cut-off Date minus (2) the aggregate amounts allocated through
subordination with respect to Fraud Losses since the most recent anniversary of
the Cut-off Date up to that date of determination. On and after the fifth
anniversary of the Cut-off Date, the Fraud Loss Amount shall be zero and Fraud
Losses shall not be allocated through subordination.
The Fraud Loss Amount may be further reduced by the Master Servicer
(including accelerating the manner in which such coverage is reduced) provided
that prior to any such reduction, the Master Servicer shall (i) obtain written
confirmation from each Rating Agency that such reduction shall not reduce the
rating assigned to any Class of Certificates by such Rating Agency below the
lower of the then-current rating or the rating assigned to such Certificates as
of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
Indirect Depository Participant: An institution that is not a Depository
Participant but clears through or maintains a custodial relationship with
Participants and has access to the Depository's clearing system.
Initial Notional Amount: With respect to any Class A-V Certificates or
Subclass thereof issued pursuant to Section 5.01(c), the aggregate Cut-off Date
Principal Balance of the Non- Discount Mortgage Loans corresponding to the
Uncertificated REMIC Regular Interests represented by such Class or Subclass on
such date.
Initial Subordinate Class Percentage: With respect to each Class of
Subordinate Certificates, an amount which is equal to the initial aggregate
Certificate Principal Balance of such Class of Subordinate Certificates divided
by the aggregate Stated Principal Balance of all the Mortgage Loans as of the
Cut-off Date as follows:
Class M-1: 1.50% Class B-1: 0.15%
Class M-2: 0.40% Class B-2: 0.10%
Class M-3: 0.30% Class B-3: 0.15%
Interest Accrual Period: With respect to any Certificates and any
Distribution Date, the calendar month preceding the month in which such
Distribution Date occurs.
-5-
Maturity Date: With respect to each Class of Certificates, March 25,
2032, the Distribution Date immediately following the latest scheduled maturity
date of any Mortgage Loan.
Mortgage Loan Purchase Agreement: The Mortgage Loan Purchase Agreement,
dated the Closing Date, between the Mortgage Loan Seller and the Company
relating to the transfer and assignment of the Mortgage Loans.
Mortgage Loan Schedule: The list or lists of the Mortgage Loans attached
hereto as Exhibit One, which list or lists shall set forth the following
information as to each Mortgage Loan:
(a) the Mortgage Loan identifying number ("RFC LOAN #");
(b) the maturity of the Mortgage Note ("MATURITY DATE");
(c) the Mortgage Rate ("ORIG RATE");
(d) the Subservicer pass-through rate ("CURR NET");
(e) the Net Mortgage Rate ("NET MTG RT");
(f) the Pool Strip Rate ("STRIP");
(g) the initial scheduled monthly payment of principal, if any, and
interest ("ORIGINAL P & I");
(h) the Cut-off Date Principal Balance ("PRINCIPAL BAL"); (i) the
Loan-to-Value Ratio at origination ("LTV");
(j) the rate at which the Subservicing Fee accrues ("SUBSERV FEE") and
at which the Servicing Fee accrues ("MSTR SERV FEE");
(k) a code "T," "BT" or "CT" under the column "LN FEATURE," indicating
that the Mortgage Loan is secured by a second or vacation
residence; and
(l) a code "N" under the column "OCCP CODE," indicating that the
Mortgage Loan is secured by a non-owner occupied residence.
Such schedule may consist of multiple reports that collectively set forth all of
the information required.
Mortgage Loan Seller: Bank of America, National Association.
Notional Amount: As of any Distribution Date, with respect to any Class
A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c), the
aggregate Stated Principal Balance of the Non-Discount Mortgage Loans
corresponding to the Uncertificated REMIC Regular Interests represented by such
Class or Subclass as of the day immediately preceding such Distribution Date
(or, with respect to the initial Distribution Date, at the close of business on
the Cut-off Date).
Pass-Through Rate: With respect to the Class A Certificates (other than
the Class A-V Certificates and Principal Only Certificates), Class M
Certificates, Class B Certificates and Class R Certificates and any Distribution
Date, the per annum rates set forth in the Preliminary Statement hereto. With
respect to the Class A-V Certificates (other than any Subclass thereof) and any
Distribution Date, a rate equal to the weighted average, expressed as a
percentage, of the Pool Strip Rates of all Non-Discount Mortgage Loans as of the
Due Date in the related Due Period, weighted on the basis of the respective
Stated Principal Balances of such Non-Discount Mortgage Loans as
-6-
of the day immediately preceding such Distribution Date (or, with respect to the
initial Distribution Date, at the close of business on the Due Date in the month
preceding the month of such Distribution Date). With respect to the Class A-V
Certificates and the initial Distribution Date, the Pass-Through Rate is equal
to 0.2476% per annum. With respect to any Subclass of Class A-V Certificates and
any Distribution Date, a rate equal to the weighted average, expressed as a
percentage, of the Pool Strip Rates of all Non-Discount Mortgage Loans
corresponding to the Uncertificated REMIC Regular Interests represented by such
Subclass as of the Due Date in the related Due Period, weighted on the basis of
the respective Stated Principal Balances of such Non- Discount Mortgage Loans as
of the day immediately preceding such Distribution Date (or with respect to the
initial Distribution Date, at the close of business on the Due Date in the month
preceding the month of such Distribution Date). The Principal Only Certificates
have no Pass- Through Rate and are not entitled to Accrued Certificate Interest.
Pool Strip Rate: With respect to each Non-Discount Mortgage Loan, a per
annum rate equal to the excess of (a) the Net Mortgage Rate of such Non-Discount
Mortgage Loan over (b) 6.50% per annum.
Prepayment Assumption: With respect to each Class of Certificates, the
prepayment assumption to be used for determining the accrual of original issue
discount and premium and market discount on such Certificates for federal income
tax purposes, which assumes a constant prepayment rate of 50% per annum.
Prepayment Distribution Percentage: With respect to any Distribution Date
and each Class of Subordinate Certificates, under the applicable circumstances
set forth below, the respective percentages set forth below:
(i) For any Distribution Date prior to the Distribution Date in
May 2008 (unless the Certificate Principal Balances of the Senior
Certificates (other than the Class A-P Certificates) have been reduced to
zero), 0%.
(ii) For any Distribution Date for which clause (i) above does not
apply, and on which any Class of Subordinate Certificates is outstanding
with a Certificate Principal Balance greater than zero:
(a) in the case of the Class of Subordinate Certificates
then outstanding with the Highest Priority and each other Class of
Subordinate Certificates for which the related Prepayment
Distribution Trigger has been satisfied, a fraction, expressed as
a percentage, the numerator of which is the Certificate Principal
Balance of such Class immediately prior to such date and the
denominator of which is the sum of the Certificate Principal
Balances immediately prior to such date of (1) the Class of
Subordinate Certificates then outstanding with the Highest
Priority and (2) all other Classes of Subordinate Certificates for
which the respective Prepayment Distribution Triggers have been
satisfied; and
(b) in the case of each other Class of Subordinate
Certificates for which the Prepayment Distribution Triggers have
not been satisfied, 0%; and
-7-
(iii) Notwithstanding the foregoing, if the application of the
foregoing percentages on any Distribution Date as provided in Section
4.02 of this Series Supplement (determined without regard to the proviso
to the definition of "Subordinate Principal Distribution Amount") would
result in a distribution in respect of principal of any Class or Classes
of Subordinate Certificates in an amount greater than the remaining
Certificate Principal Balance thereof (any such class, a "Maturing
Class"), then: (a) the Prepayment Distribution Percentage of each
Maturing Class shall be reduced to a level that, when applied as
described above, would exactly reduce the Certificate Principal Balance
of such Class to zero; (b) the Prepayment Distribution Percentage of each
other Class of Subordinate Certificates (any such Class, a "Non-Maturing
Class") shall be recalculated in accordance with the provisions in
paragraph (ii) above, as if the Certificate Principal Balance of each
Maturing Class had been reduced to zero (such percentage as recalculated,
the "Recalculated Percentage"); (c) the total amount of the reductions in
the Prepayment Distribution Percentages of the Maturing Class or Classes
pursuant to clause (a) of this sentence, expressed as an aggregate
percentage, shall be allocated among the Non-Maturing Classes in
proportion to their respective Recalculated Percentages (the portion of
such aggregate reduction so allocated to any Non-Maturing Class, the
"Adjustment Percentage"); and (d) for purposes of such Distribution Date,
the Prepayment Distribution Percentage of each Non-Maturing Class shall
be equal to the sum of (1) the Prepayment Distribution Percentage
thereof, calculated in accordance with the provisions in paragraph (ii)
above as if the Certificate Principal Balance of each Maturing Class had
not been reduced to zero, plus (2) the related Adjustment Percentage.
Principal Only Certificates: Any one of the Class A-P Certificates.
Record Date: With respect to each Distribution Date and each Class of
Certificates, the close of business on the last business day of the month next
preceding the month in which the related Distribution Date occurs.
Relief Act: The Soldiers' and Sailors' Civil Relief Act of 1940, as
amended, or similar legislation or regulations as in effect from time to time.
Relief Act Shortfalls: Shortfalls in interest payable by a Mortgagor that
is not collectable from the Mortgagor pursuant to the Relief Act.
Scheduled Final Distribution Date: March 25, 2032.
Senior Certificate: Any one of the Class A Certificates or Class R
Certificates, executed by the Trustee and authenticated by the Certificate
Registrar substantially in the form annexed to the Standard Terms as Exhibit A
and Exhibit D, respectively.
Senior Percentage: As of any Distribution Date, the lesser of 100% and a
fraction, expressed as a percentage, the numerator of which is the aggregate
Certificate Principal Balance of the Senior Certificates (other than the Class
A-P Certificates) immediately prior to such Distribution Date and the
denominator of which is the aggregate Stated Principal Balance of all of the
Mortgage Loans
-8-
(or related REO Properties) (other than the related Discount Fraction of each
Discount Mortgage Loan) immediately prior to such Distribution Date.
Senior Principal Distribution Amount: As to any Distribution Date, the
lesser of (a) the balance of the Available Distribution Amount remaining after
the distribution of all amounts required to be distributed pursuant to Section
4.02(a)(i) and Section 4.02(a)(ii)(X) of this Series Supplement, or, after the
Credit Support Depletion Date, the amount required to be distributed to the
Class A-P Certificateholders pursuant to Section 4.02(c) of this Series
Supplement and (b) the sum of the amounts required to be distributed to the
Senior Certificateholders on such Distribution Date pursuant to Section
4.02(a)(ii)(Y) of this Series Supplement.
Special Hazard Amount: As of any Distribution Date, an amount equal to
$2,721,144 minus the sum of (i) the aggregate amount of Special Hazard Losses
allocated solely to one or more specific Classes of Certificates in accordance
with Section 4.05 of this Series Supplement and (ii) the Adjustment Amount (as
defined below) as most recently calculated. For each anniversary of the Cut-off
Date, the Adjustment Amount shall be equal to the amount, if any, by which the
amount calculated in accordance with the preceding sentence (without giving
effect to the deduction of the Adjustment Amount for such anniversary) exceeds
the greater of (A) the greatest of (i) twice the outstanding principal balance
of the Mortgage Loan in the Trust Fund which has the largest outstanding
principal balance on the Distribution Date immediately preceding such
anniversary, (ii) the product of 1.00% multiplied by the outstanding principal
balance of all Mortgage Loans on the Distribution Date immediately preceding
such anniversary and (iii) the aggregate outstanding principal balance (as of
the immediately preceding Distribution Date) of the Mortgage Loans in any single
five-digit California zip code area with the largest amount of Mortgage Loans by
aggregate principal balance as of such anniversary and (B) the greater of (i)
the product of 0.50% multiplied by the outstanding principal balance of all
Mortgage Loans on the Distribution Date immediately preceding such anniversary
multiplied by a fraction, the numerator of which is equal to the aggregate
outstanding principal balance (as of the immediately preceding Distribution
Date) of all of the Mortgage Loans secured by Mortgaged Properties located in
the State of California divided by the aggregate outstanding principal balance
(as of the immediately preceding Distribution Date) of all of the Mortgage
Loans, expressed as a percentage, and the denominator of which is equal to
38.56% (which percentage is equal to the percentage of Mortgage Loans initially
secured by Mortgaged Properties located in the State of California) and (ii) the
aggregate outstanding principal balance (as of the immediately preceding
Distribution Date) of the largest Mortgage Loan secured by a Mortgaged Property
located in the State of California.
The Special Hazard Amount may be further reduced by the Master Servicer
(including accelerating the manner in which coverage is reduced) provided that
prior to any such reduction, the Master Servicer shall (i) obtain written
confirmation from each Rating Agency that such reduction shall not reduce the
rating assigned to any Class of Certificates by such Rating Agency below the
lower of the then-current rating or the rating assigned to such Certificates as
of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
Subordinate Principal Distribution Amount: With respect to any Distribution
Date and each Class of Subordinate Certificates, (a) the sum of (i) the product
of (x) the related Subordinate Class
-9-
Percentage for such Class and (y) the aggregate of the amounts calculated for
such Distribution Date under clauses (1), (2) and (3) of Section
4.02(a)(ii)(Y)(A) of this Series Supplement (without giving effect to the Senior
Percentage) to the extent not payable to the Senior Certificates; (ii) such
Class's pro rata share, based on the Certificate Principal Balance of each Class
of Subordinate Certificates then outstanding, of the principal collections
described in Section 4.02(a)(ii)(Y)(B)(b) of this Series Supplement (without
giving effect to the Senior Accelerated Distribution Percentage) to the extent
such collections are not otherwise distributed to the Senior Certificates; (iii)
the product of (x) the related Prepayment Distribution Percentage and (y) the
aggregate of all Principal Prepayments in Full received in the related
Prepayment Period and Curtailments received in the preceding calendar month
(other than the related Discount Fraction of such Principal Prepayments in Full
and Curtailments with respect to a Discount Mortgage Loan) to the extent not
payable to the Senior Certificates; (iv) if such Class is the Class of
Subordinate Certificates with the Highest Priority, any Excess Subordinate
Principal Amount for such Distribution Date; and (v) any amounts described in
clauses (i), (ii) and (iii) as determined for any previous Distribution Date,
that remain undistributed to the extent that such amounts are not attributable
to Realized Losses which have been allocated to a Class of Subordinate
Certificates minus (b) the sum of (i) with respect to the Class of Subordinate
Certificates with the Lowest Priority, any Excess Subordinate Principal Amount
for such Distribution Date; and (ii) the Capitalization Reimbursement Amount for
such Distribution Date, other than the related Discount Fraction of any portion
of that amount related to each Discount Mortgage Loan, multiplied by a fraction,
the numerator of which is the Subordinate Principal Distribution Amount for such
Class of Subordinate Certificates, without giving effect to this clause (b)(ii),
and the denominator of which is the sum of the principal distribution amounts
for all Classes of Certificates other than the Class A-P Certificates, without
giving effect to any reductions for the Capitalization Reimbursement Amount.
Uncertificated Accrued Interest: With respect to each Distribution Date,
as to each Uncertificated REMIC Regular Interest, an amount equal to the
aggregate amount of Accrued Certificate Interest that would result under the
terms of the definition thereof on each such uncertificated interest, if the
Pass-Through Rate on such uncertificated interest were equal to the related
Uncertificated Pass-Through Rate and the notional amount of such uncertificated
interest were equal to the related Uncertificated Notional Amount, and any
reduction in the amount of Accrued Certificate Interest resulting from the
allocation of Prepayment Interest Shortfalls, Realized Losses or other amounts
to the Class A-V Certificateholders pursuant to Section 4.05 hereof shall be
allocated to the Uncertificated REMIC Regular Interests pro rata in accordance
with the amount of interest accrued with respect to each related Uncertificated
Notional Amount and such Distribution Date.
Uncertificated Notional Amount: With respect to each Uncertificated REMIC
Regular Interest, the Stated Principal Balance of the related Non-Discount
Mortgage Loan.
Uncertificated Pass-Through Rate: With respect to each Uncertificated
REMIC Regular Interest, the related Uncertificated REMIC Regular Interest Pool
Strip Rate.
Uncertificated REMIC Regular Interest Pool Strip Rate: With respect to
each Uncertificated REMIC Regular Interest, the Pool Strip Rate for the related
Mortgage Loan.
-10-
Uncertificated REMIC Regular Interest Distribution Amount: With respect
to any Distribution Date, the sum of the amounts deemed to be distributed on the
Uncertificated REMIC Regular Interest for such Distribution Date pursuant to
Section 10.04(a).
Uncertificated REMIC Regular Interests: The 441 uncertificated partial
undivided beneficial ownership interests in the Trust Fund, each relating to a
Non-Discount Mortgage Loan, each having no principal balance and each bearing
interest at the respective Uncertificated Pass-Through Rate on the respective
Uncertificated Notional Amount.
Section 1.02 Use of Words and Phrases.
"Herein," "hereby," "hereunder," "hereof," "hereinbefore," "hereinafter"
and other equivalent words refer to the Pooling and Servicing Agreement as a
whole. All references herein to Articles, Sections or Subsections shall mean the
corresponding Articles, Sections and Subsections in the Pooling and Servicing
Agreement. The definitions set forth herein include both the singular and the
plural.
-11-
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans. (See Section 2.01 of the
Standard Terms)
Section 2.02 Acceptance by Trustee. (See Section 2.02 of the Standard
Terms)
Section 2.03 Representations, Warranties and Covenants of the Master
Servicer and the Company.
(a) For representations, warranties and covenants of the Master
Servicer, see Section 2.03(a) of the Standard Terms.
(b) The Company hereby represents and warrants to the Trustee for
the benefit of Certificateholders that as of the Closing Date (or, if
otherwise specified below, as of the date so specified):
(i) No Mortgage Loan is 30 or more days Delinquent in
payment of principal and interest as of the Cut-off Date and no
Mortgage Loan has been so Delinquent more than once in the
12-month period prior to the Cut-off Date;
(ii) The information set forth in Exhibit One hereto with
respect to each Mortgage Loan or the Mortgage Loans, as the case
may be, is true and correct in all material respects at the date
or dates respecting which such information is furnished;
(iii) The Mortgage Loans are fully-amortizing, fixed-rate
mortgage loans with level Monthly Payments due, with respect to a
majority of the Mortgage Loans, on the first day of each month and
terms to maturity at origination or modification of not more than
30 years;
(iv) To the best of the Company's knowledge, if a Mortgage
Loan is secured by a Mortgaged Property with a Loan-to-Value Ratio
at origination in excess of 80%, such Mortgage Loan is the subject
of a Primary Insurance Policy that insures that (a) at least 30%
of the Stated Principal Balance of the Mortgage Loan at
origination if the Loan-to-Value Ratio is between 95.00% and
90.01%, (b) at least 25% of such balance if the Loan-to-Value
Ratio is between 90.00% and 85.01%, and (c) at least 12% of such
balance if the Loan-to-Value Ratio is between 85.00% and 80.01%.
To the best of the Company's knowledge, each such Primary
Insurance Policy is in full force and effect and the Trustee is
entitled to the benefits thereunder;
(v) The issuers of the Primary Insurance Policies are
insurance companies whose claims-paying abilities are currently
acceptable to each Rating Agency;
-12-
(vi) No more than 1.0% of the Mortgage Loans by aggregate
Cut-off Date Principal Balance are secured by Mortgaged Properties
located in any one zip code area in California and no more than
0.9% of the Mortgage Loans by aggregate Cut- Off Date Principal
Balance are secured by Mortgaged Properties located in any one zip
code area outside California;
(vii) The improvements upon the Mortgaged Properties are
insured against loss by fire and other hazards as required by the
Program Guide, including flood insurance if required under the
National Flood Insurance Act of 1968, as amended. The Mortgage
requires the Mortgagor to maintain such casualty insurance at the
Mortgagor's expense, and on the Mortgagor's failure to do so,
authorizes the holder of the Mortgage to obtain and maintain such
insurance at the Mortgagor's expense and to seek reimbursement
therefor from the Mortgagor;
(viii) Immediately prior to the assignment of the Mortgage
Loans to the Trustee, the Company had good title to, and was the
sole owner of, each Mortgage Loan free and clear of any pledge,
lien, encumbrance or security interest (other than rights to
servicing and related compensation) and such assignment validly
transfers ownership of the Mortgage Loans to the Trustee free and
clear of any pledge, lien, encumbrance or security interest;
(ix) No more than 13.64% of the Mortgage Loans by aggregate
Cut-off Date Principal Balance were underwritten under a reduced
loan documentation program;
(x) Each Mortgagor represented in its loan application with
respect to the related Mortgage Loan that the Mortgaged Property
would be owner-occupied and therefore would not be an investor
property as of the date of origination of such Mortgage Loan. No
Mortgagor is a corporation or a partnership;
(xi) None of the Mortgage Loans is a Buydown Mortgage Loan;
(xii) Each Mortgage Loan constitutes a qualified mortgage
under Section 860G(a)(3)(A) of the Code and Treasury Regulations
Section 1.860G-2(a)(1);
(xiii) A policy of title insurance was effective as of the
closing of each Mortgage Loan and is valid and binding and remains
in full force and effect, unless the Mortgaged Properties are
located in the State of Iowa and an attorney's certificate has
been provided as described in the Program Guide;
(xiv) None of the Mortgage Loans are Cooperative Loans;
(xv) With respect to each Mortgage Loan originated under a
"streamlined" Mortgage Loan program (through which no new or
updated appraisals of Mortgaged Properties are obtained in
connection with the refinancing thereof), the related Seller has
represented that either (a) the value of the related Mortgaged
Property as of the
-13-
date the Mortgage Loan was originated was not less than the
appraised value of such property at the time of origination of the
refinanced Mortgage Loan or (b) the Loan- to-Value Ratio of the
Mortgage Loan as of the date of origination of the Mortgage Loan
generally meets the Company's underwriting guidelines;
(xvi) Interest on each Mortgage Loan is calculated on the
basis of a 360-day year consisting of twelve 30-day months;
(xvii) None of the Mortgage Loans contains in the related
Mortgage File a Destroyed Mortgage Note; and
(xviii)None of the Mortgage Loans are Pledged Asset Loans
or Additional Collateral Loans.
It is understood and agreed that the representations and warranties set forth in
this Section 2.03(b) shall survive delivery of the respective Mortgage Files to
the Trustee or any Custodian.
Upon discovery by any of the Company, the Master Servicer, the Trustee or
any Custodian of a breach of any of the representations and warranties set forth
in this Section 2.03(b) that materially and adversely affects the interests of
the Certificateholders in any Mortgage Loan, the party discovering such breach
shall give prompt written notice to the other parties (any Custodian being so
obligated under a Custodial Agreement); provided, however, that in the event of
a breach of the representation and warranty set forth in Section 2.03(b)(xii),
the party discovering such breach shall give such notice within five days of
discovery. Within 90 days of its discovery or its receipt of notice of breach,
the Company shall either (i) cure such breach in all material respects or (ii)
purchase such Mortgage Loan from the Trust Fund at the Purchase Price and in the
manner set forth in Section 2.02. It is understood and agreed that the
obligation of the Company to cure such breach or to so purchase for any Mortgage
Loan as to which such a breach has occurred and is continuing shall constitute
the sole remedy respecting such breach available to the Certificateholders or
the Trustee on behalf of the Certificateholders. Notwithstanding the foregoing,
the Company shall not be required to cure breaches or purchase for Mortgage
Loans as provided in this Section 2.03(b) if the substance of the breach of a
representation set forth above also constitutes fraud in the origination of the
Mortgage Loan.
Section 2.04 Representations and Warranties of the Mortgage Loan Seller.
The Company, as assignee of the Mortgage Loan Seller under the Mortgage
Loan Purchase Agreement, hereby assigns to the Trustee for the benefit of
Certificateholders all of its right, title and interest in respect of the
Mortgage Loan Purchase Agreement and each Seller's Agreement (to the extent
assigned to the Company pursuant to the Mortgage Loan Purchase Agreement)
applicable to a Mortgage Loan. Insofar as the Mortgage Loan Purchase Agreement
or the Company's rights under such Seller's Agreement relate to the
representations and warranties made by the Mortgage Loan Seller or the related
Seller in respect of such Mortgage Loan and any remedies provided thereunder for
any breach of such representations and warranties, such right, title and
interest may be enforced by the Mortgage Loan Seller on behalf of the Trustee
and the Certificateholders. Upon the discovery by the Company, the Master
Servicer, the Trustee or any Custodian of a breach of any
-14-
of the representations and warranties made in a Seller's Agreement that have
been assigned to the Trustee pursuant to this Section 2.04 or of a breach of any
of the representations and warranties made in the Mortgage Loan Purchase
Agreement (which, for purposes hereof, will be deemed to include any other cause
giving rise to a repurchase obligation under the Mortgage Loan Purchase
Agreement) in respect of any Mortgage Loan which materially and adversely
affects the interests of the Certificateholders in such Mortgage Loan, the party
discovering such breach shall give prompt written notice to the other parties
(any Custodian being so obligated under a Custodial Agreement). The Master
Servicer shall promptly notify the related Seller or the Mortgage Loan Seller,
as the case may be, of such breach and request that such Seller or the Mortgage
Loan Seller, as the case may be, either (i) cure such breach in all material
respects within 90 days from the date the Master Servicer was notified of such
breach or (ii) purchase such Mortgage Loan from the Trust Fund at the Purchase
Price and in the manner set forth in Section 2.02. The Master Servicer shall
amend or cause to be amended the Mortgage Loan Schedule, and, if the Deleted
Mortgage Loan was a Discount Mortgage Loan, the Schedule of Discount Fractions,
for the benefit of the Certificateholders to reflect the removal of such Deleted
Mortgage Loan and the Master Servicer shall deliver the amended Mortgage Loan
Schedule, and, if the Deleted Mortgage Loan was a Discount Mortgage Loan, the
amended Schedule of Discount Fractions, to the Trustee.
It is understood and agreed that the obligation of the Seller or the
Mortgage Loan Seller, as the case may be, to cure such breach or purchase such
Mortgage Loan as to which such a breach has occurred and is continuing shall
constitute the sole remedy respecting such breach available to the
Certificateholders or the Trustee on behalf of Certificateholders. In connection
with the purchase of any such Mortgage Loan by the Mortgage Loan Seller, the
Trustee shall assign to the Mortgage Loan Seller all of the Trustee's right,
title and interest in respect of the Seller's Agreement and the Mortgage Loan
Purchase Agreement applicable to such Mortgage Loan.
Section 2.05 Execution and Authentication of Certificates.
The Trustee acknowledges the assignment to it of the Mortgage Loans and
the delivery of the Mortgage Files to it, or any Custodian on its behalf,
subject to any exceptions noted, together with the assignment to it of all other
assets included in the Trust Fund, receipt of which is hereby acknowledged.
Concurrently with such delivery and in exchange therefor, the Trustee, pursuant
to the written request of the Company executed by an officer of the Company has
executed and caused to be authenticated and delivered to or upon the order of
the Company the Certificates in authorized denominations which evidence
ownership of the entire Trust Fund.
-15-
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
(SEE ARTICLE III OF THE STANDARD TERMS)
-16-
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account. (See Section 4.01 of the Standard Terms)
Section 4.02 Distributions.
(a) On each Distribution Date (x) the Master Servicer on behalf of
the Trustee or (y) the Paying Agent appointed by the Trustee, shall
distribute to the Master Servicer, in the case of a distribution pursuant
to Section 4.02(a)(iii) below, the amount required to be distributed to
the Master Servicer or a Sub-Servicer pursuant to Section 4.02(a)(iii)
below, and to each Certificateholder of record on the next preceding
Record Date (other than as provided in Section 9.01 respecting the final
distribution), either (1) in immediately available funds (by wire
transfer or otherwise) to the account of such Certificateholder at a bank
or other entity having appropriate facilities therefor, if such
Certificateholder has so notified the Master Servicer or the Paying
Agent, as the case may be, or (2) if such Certificateholder has not so
notified the Master Servicer or the Paying Agent by the Record Date, by
check mailed to such Certificateholder at the address of such Holder
appearing in the Certificate Register, such Certificateholder's share
(which share (A) with respect to each Class of Certificates (other than
any Subclass of the Class A-V Certificates), shall be based on the
aggregate of the Percentage Interests represented by Certificates of the
applicable Class held by such Holder or (B) with respect to any Subclass
of the Class A-V Certificates, shall be equal to the amount (if any)
distributed pursuant to Section 4.02(a)(i) below to each Holder of a
Subclass thereof) of the following amounts, in the following order of
priority (subject to the provisions of Section 4.02(b) below), in each
case to the extent of the Available Distribution Amount:
(i) to the Senior Certificates (other than the Principal
Only Certificates) on a pro rata basis based on Accrued
Certificate Interest payable on such Certificates with respect to
such Distribution Date, Accrued Certificate Interest on such
Classes of Certificates (or Subclasses, if any, with respect to
the Class A-V Certificates) for such Distribution Date, plus any
Accrued Certificate Interest thereon remaining unpaid from any
previous Distribution Date except as provided in the last
paragraph of this Section 4.02(a) (the "Senior Interest
Distribution Amount"); and
(ii) (X) to the Class A-P Certificates, the Class A-P
Principal Distribution Amount (as defined in Section 4.02(b)(i)
herein); and
(Y) to the Senior Certificates (other than the Class
A-P Certificates), in the priorities and amounts set forth in
Section 4.02(b)(ii) through Section 4.02(e), the sum of the
following (applied to reduce the Certificate Principal Balances of
such Senior Certificates, as applicable):
(A) the Senior Percentage for such Distribution Date
times the sum of the following:
-17-
(1) the principal portion of each Monthly
Payment due during the related Due Period on each
Outstanding Mortgage Loan (other than the related
Discount Fraction of the principal portion of such
payment with respect to a Discount Mortgage Loan),
whether or not received on or prior to the related
Determination Date, minus the principal portion of
any Debt Service Reduction (other than the related
Discount Fraction of the principal portion of such
Debt Service Reductions with respect to each
Discount Mortgage Loan) which together with other
Bankruptcy Losses exceeds the Bankruptcy Amount;
(2) the Stated Principal Balance of any
Mortgage Loan repurchased during the preceding
calendar month (or deemed to have been so
repurchased in accordance with Section 3.07(b) of
the Standard Terms) pursuant to Sections 2.02, 2.04
or 4.07 of the Standard Terms and Section 2.03 of
the Standard Terms and this Series Supplement,
during the preceding calendar month (other than the
related Discount Fraction of such Stated Principal
Balance or shortfall with respect to each Discount
Mortgage Loan); and
(3) the principal portion of all other
unscheduled collections (other than Principal
Prepayments in Full and Curtailments and amounts
received in connection with a Cash Liquidation or
REO Disposition of a Mortgage Loan described in
Section 4.02(a)(ii)(Y)(B) of this Series Supplement,
including without limitation Insurance Proceeds,
Liquidation Proceeds and REO Proceeds) including
Subsequent Recoveries received during the preceding
calendar month (or deemed to have been so received
in accordance with Section 3.07(b) of the Standard
Terms) to the extent applied by the Master Servicer
as recoveries of principal of the related Mortgage
Loan pursuant to Section 3.14 of the Standard Terms
(other than the related Discount Fraction of the
principal portion of such unscheduled collections,
with respect to each Discount Mortgage Loan);
(B) with respect to each Mortgage Loan for which a
Cash Liquidation or a REO Disposition occurred during the
preceding calendar month (or was deemed to have occurred
during such period in accordance with Section 3.07(b) of
the Standard Terms) and did not result in any Excess
Special Hazard Losses, Excess Fraud Losses, Excess
Bankruptcy Losses or Extraordinary Losses, an amount equal
to the lesser of (a) the Senior Percentage for such
Distribution Date times the Stated Principal Balance of
such Mortgage Loan (other than the related Discount
Fraction of such Stated Principal Balance, with respect to
each Discount Mortgage Loan) and (b) the Senior Accelerated
Distribution Percentage for such Distribution Date times
-18-
the related unscheduled collections (including without
limitation Insurance Proceeds, Liquidation Proceeds and REO
Proceeds) to the extent applied by the Master Servicer as
recoveries of principal of the related Mortgage Loan
pursuant to Section 3.14 of the Standard Terms (in each
case other than the portion of such unscheduled collections
with respect to a Discount Mortgage Loan included in
Section 4.02(b)(i)(C) of this Series Supplement);
(C) the Senior Accelerated Distribution Percentage
for such Distribution Date times the aggregate of all
Principal Prepayments in Full received in the related
Prepayment Period and Curtailments received in the
preceding calendar month (other than the related Discount
Fraction of such Principal Prepayments in Full and
Curtailments, with respect to each Discount Mortgage Loan);
(D) any Excess Subordinate Principal Amount for such
Distribution Date;
(E) any amounts described in subsection (ii)(Y),
clauses (A), (B) and (C) of this Section 4.02(a), as
determined for any previous Distribution Date, which remain
unpaid after application of amounts previously distributed
pursuant to this clause (E) to the extent that such amounts
are not attributable to Realized Losses which have been
allocated to the Subordinate Certificates; minus
(F) the Capitalization Reimbursement Amount for such
Distribution Date, other than the related Discount Fraction
of any portion of that amount related to each Discount
Mortgage Loan, multiplied by a fraction, the numerator of
which is the Senior Principal Distribution Amount, without
giving effect to this clause (F), and the denominator of
which is the sum of the principal distribution amounts for
all Classes of Certificates other than the Class A-P
Certificates, without giving effect to any reductions for
the Capitalization Reimbursement Amount;
(iii) if the Certificate Principal Balances of the
Subordinate Certificates have not been reduced to zero, to the
Master Servicer or a Sub-Servicer, by remitting for deposit to the
Custodial Account, to the extent of and in reimbursement for any
Advances or Sub-Servicer Advances previously made with respect to
any Mortgage Loan or REO Property which remain unreimbursed in
whole or in part following the Cash Liquidation or REO Disposition
of such Mortgage Loan or REO Property, minus any such Advances
that were made with respect to delinquencies that ultimately
constituted Excess Special Hazard Losses, Excess Fraud Losses,
Excess Bankruptcy Losses or Extraordinary Losses;
(iv) to the Holders of the Class M-1 Certificates, the
Accrued Certificate Interest thereon for such Distribution Date,
plus any Accrued Certificate Interest
-19-
thereon remaining unpaid from any previous Distribution Date,
except as provided below;
(v) to the Holders of the Class M-1 Certificates, an amount
equal to (x) the Subordinate Principal Distribution Amount for
such Class of Certificates for such Distribution Date, minus (y)
the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates, to the extent the amounts available pursuant
to clause (x) of Sections 4.02(a)(vii), (ix), (xi), (xiii), (xiv)
and (xv) of this Series Supplement are insufficient therefor,
applied in reduction of the Certificate Principal Balance of the
Class M-1 Certificates;
(vi) to the Holders of the Class M-2 Certificates, the
Accrued Certificate Interest thereon for such Distribution Date,
plus any Accrued Certificate Interest thereon remaining unpaid
from any previous Distribution Date, except as provided below;
(vii) to the Holders of the Class M-2 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such Distribution Date, minus
(y) the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates, to the extent the amounts available pursuant
to clause (x) of Sections 4.02(a)(ix), (xi), (xiii), (xiv) and
(xv) of this Series Supplement are insufficient therefor, applied
in reduction of the Certificate Principal Balance of the Class M-2
Certificates;
(viii) to the Holders of the Class M-3 Certificates, the
Accrued Certificate Interest thereon for such Distribution Date,
plus any Accrued Certificate Interest thereon remaining unpaid
from any previous Distribution Date, except as provided below;
(ix) to the Holders of the Class M-3 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such Distribution Date minus
(y) the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates, to the extent the amounts available pursuant
to clause (x) of Sections 4.02(a)(xi), (xiii), (xiv) and (xv) of
this Series Supplement are insufficient therefor, applied in
reduction of the Certificate Principal Balance of the Class M-3
Certificates;
(x) to the Holders of the Class B-1 Certificates, the
Accrued Certificate Interest thereon for such Distribution Date,
plus any Accrued Certificate Interest thereon remaining unpaid
from any previous Distribution Date, except as provided below;
(xi) to the Holders of the Class B-1 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such Distribution Date minus
(y) the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates, to the
-20-
extent the amounts available pursuant to clause (x) of Sections
4.02(a)(xiii), (xiv) and (xv) of this Series Supplement are
insufficient therefor, applied in reduction of the Certificate
Principal Balance of the Class B-1 Certificates;
(xii) to the Holders of the Class B-2 Certificates, the
Accrued Certificate Interest thereon for such Distribution Date,
plus any Accrued Certificate Interest thereon remaining unpaid
from any previous Distribution Date, except as provided below;
(xiii) to the Holders of the Class B-2 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such Distribution Date minus
(y) the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates, to the extent the amounts available pursuant
to clause (x) of Sections 4.02(a)(xiv) and (xv) of this Series
Supplement are insufficient therefor, applied in reduction of the
Certificate Principal Balance of the Class B-2 Certificates;
(xiv) to the Holders of the Class B-3 Certificates, an
amount equal to (x) the Accrued Certificate Interest thereon for
such Distribution Date, plus any Accrued Certificate Interest
thereon remaining unpaid from any previous Distribution Date,
except as provided below, minus (y) the amount of any Class A-P
Collection Shortfalls for such Distribution Date or remaining
unpaid for all previous Distribution Dates, to the extent the
amounts available pursuant to clause (x) of Section 4.02(a) (xv)
of this Series Supplement are insufficient therefor;
(xv) to the Holders of the Class B-3 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such Distribution Date minus
(y) the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates applied in reduction of the Certificate
Principal Balance of the Class B-3 Certificates;
(xvi) to the Senior Certificates, in the priority set forth
in Section 4.02(b) of this Series Supplement, the portion, if any,
of the Available Distribution Amount remaining after the foregoing
distributions, applied to reduce the Certificate Principal
Balances of such Senior Certificates, but in no event more than
the aggregate of the outstanding Certificate Principal Balances of
each such Class of Senior Certificates, and thereafter, to each
Class of Subordinate Certificates then outstanding beginning with
such Class with the Highest Priority, any portion of the Available
Distribution Amount remaining after the Senior Certificates have
been retired, applied to reduce the Certificate Principal Balance
of each such Class of Subordinate Certificates, but in no event
more than the outstanding Certificate Principal Balance of each
such Class of Subordinate Certificates; and
(xvii) to the Class R Certificates, the balance, if any, of
the Available Distribution Amount.
-21-
Notwithstanding the foregoing, on any Distribution Date, with respect to
the Class of Subordinate Certificates outstanding on such Distribution Date with
the Lowest Priority, or in the event the Subordinate Certificates are no longer
outstanding, the Senior Certificates, Accrued Certificate Interest thereon
remaining unpaid from any previous Distribution Date will be distributable only
to the extent that (1) a shortfall in the amounts available to pay Accrued
Certificate Interest on any Class of Certificates results from an interest rate
reduction in connection with a Servicing Modification, or (2) such unpaid
Accrued Certificate Interest was attributable to interest shortfalls relating to
the failure of the Master Servicer to make any required Advance, or the
determination by the Master Servicer that any proposed Advance would be a
Nonrecoverable Advance with respect to the related Mortgage Loan where such
Mortgage Loan has not yet been the subject of a Cash Liquidation or REO
Disposition or the related Liquidation Proceeds, Insurance Proceeds and REO
Proceeds have not yet been distributed to the Certificateholders.
(b) Distributions of principal on the Senior Certificates on each
Distribution Date occurring prior to the Credit Support Depletion Date
will be made as follows:
(i) to the Class A-P Certificates, until the Certificate
Principal Balance thereof is reduced to zero, an amount (the
"Class A-P Principal Distribution Amount") equal to the aggregate
of:
(A) the related Discount Fraction of the principal
portion of each Monthly Payment on each Discount Mortgage
Loan due during the related Due Period, whether or not
received on or prior to the related Determination Date,
minus the Discount Fraction of the principal portion of any
related Debt Service Reduction which together with other
Bankruptcy Losses exceeds the Bankruptcy Amount;
(B) the related Discount Fraction of the principal
portion of all unscheduled collections on each Discount
Mortgage Loan received during the preceding calendar month
or, in the case of Principal Prepayments in Full, during
the related Prepayment Period (other than amounts received
in connection with a Cash Liquidation or REO Disposition of
a Discount Mortgage Loan described in clause (C) below),
including Principal Prepayments in Full, Curtailments,
Subsequent Recoveries and repurchases (including deemed
repurchases under Section 3.07(b) of the Standard Terms) of
Discount Mortgage Loans;
(C) in connection with the Cash Liquidation or REO
Disposition of a Discount Mortgage Loan that did not result
in any Excess Special Hazard Losses, Excess Fraud Losses,
Excess Bankruptcy Losses or Extraordinary Losses, an amount
equal to the lesser of (1) the applicable Discount Fraction
of the Stated Principal Balance of such Discount Mortgage
Loan immediately prior to such Distribution Date and (2)
the aggregate amount of the collections on such Discount
Mortgage Loan to the extent applied as recoveries of
principal;
-22-
(D) any amounts allocable to principal for any
previous Distribution Date (calculated pursuant to clauses
(A) through (C) above) that remain undistributed; and
(E) the amount of any Class A-P Collection
Shortfalls for such Distribution Date and the amount of any
Class A-P Collection Shortfalls remaining unpaid for all
previous Distribution Dates, but only to the extent of the
Eligible Funds for such Distribution Date; minus
(F) the related Discount Fraction of the portion of
the Capitalization Reimbursement Amount for such
Distribution Date, if any, related to each Discount
Mortgage Loan; and
(ii) the Senior Principal Distribution Amount shall be
distributed to the Class R Certificates, until the Certificate
Principal Balance thereof has been reduced to zero; and
(iii) the balance of the Senior Principal Distribution
Amount remaining after the distribution described in clause (ii)
above shall be distributed to the Class A-1 Certificates, until
the Certificate Principal Balance thereof has been reduced to
zero.
(c) On or after the occurrence of the Credit Support Depletion
Date, all priorities relating to distributions as described in Section
4.02(b) of this Series Supplement in respect of principal among the
Senior Certificates (other than the Class A-P Certificates) will be
disregarded, and (i) an amount equal to the Discount Fraction of the
principal portion of scheduled and unscheduled payments received or
advanced in respect of the Discount Mortgage Loans will be distributed to
the Class A-P Certificates, (ii) the Senior Principal Distribution Amount
will be distributed to the remaining Senior Certificates (other than the
Class A-P Certificates) pro rata in accordance with their respective
outstanding Certificate Principal Balances and (iii) the amount set forth
in Section 4.02(a)(i) herein will be distributed as set forth therein.
(d) After the reduction of the Certificate Principal Balances of
the Senior Certificates (other than the Class A-P Certificates) to zero
but prior to the Credit Support Depletion Date, the Senior Certificates
(other than the Class A-P Certificates) will be entitled to no further
distributions of principal thereon and the Available Distribution Amount
will be paid solely to the holders of the Class A-P Certificates, Class
A-V Certificates, Class M Certificates and Class B Certificates, in each
case as described herein.
(e) In addition to the foregoing distributions, with respect to
any Subsequent Recoveries, the Master Servicer shall deposit such funds
into the Custodial Account pursuant to Section 3.07(b)(iii). If, after
taking into account such Subsequent Recoveries, the amount of a Realized
Loss is reduced, the amount of such Subsequent Recoveries will be applied
to increase the Certificate Principal Balance of the Class of Subordinate
Certificates with the Highest Priority to which Realized Losses, other
than Excess Bankruptcy Losses, Excess Fraud Losses, Excess Special Hazard
Losses and Extraordinary Losses, have been allocated,
-23-
but not by more than the amount of Realized Losses previously allocated
to that Class of Certificates pursuant to Section 4.05. The amount of any
remaining Subsequent Recoveries will be applied to increase the
Certificate Principal Balance of the Class of Certificates with the next
Lower Priority, up to the amount of such Realized Losses previously
allocated to that Class of Certificates pursuant to Section 4.05. Any
remaining Subsequent Recoveries will in turn be applied to increase the
Certificate Principal Balance of the Class of Certificates with the next
Lower Priority up to the amount of such Realized Losses previously
allocated to that Class of Certificates pursuant to Section 4.05, and so
on. Holders of such Certificates will not be entitled to any payment in
respect of Accrued Certificate Interest on the amount of such increases
for any Interest Accrual Period preceding the Distribution Date on which
such increase occurs. Any such increases shall be applied to the
Certificate Principal Balance of each Certificate of such Class in
accordance with its respective Percentage Interest.
(f) Each distribution with respect to a Book-Entry Certificate
shall be paid to the Depository, as Holder thereof, and the Depository
shall be solely responsible for crediting the amount of such distribution
to the accounts of its Depository Participants in accordance with its
normal procedures. Each Depository Participant shall be responsible for
disbursing such distribution to the Certificate Owners that it represents
and to each indirect participating brokerage firm (a "brokerage firm")
for which it acts as agent. Each brokerage firm shall be responsible for
disbursing funds to the Certificate Owners that it represents. None of
the Trustee, the Certificate Registrar, the Company or the Master
Servicer shall have any responsibility therefor.
(g) Except as otherwise provided in Section 9.01, if the Master
Servicer anticipates that a final distribution with respect to any Class
of Certificates will be made on the next Distribution Date, the Master
Servicer shall, no later than the Determination Date in the month of such
final distribution, notify the Trustee and the Trustee shall, no later
than two (2) Business Days after such Determination Date, mail on such
date to each Holder of such Class of Certificates a notice to the effect
that: (i) the Trustee anticipates that the final distribution with
respect to such Class of Certificates will be made on such Distribution
Date but only upon presentation and surrender of such Certificates at the
office of the Trustee or as otherwise specified therein, and (ii) no
interest shall accrue on such Certificates from and after the end of the
related Interest Accrual Period. In the event that Certificateholders
required to surrender their Certificates pursuant to Section 9.01(c) do
not surrender their Certificates for final cancellation, the Trustee
shall cause funds distributable with respect to such Certificates to be
withdrawn from the Certificate Account and credited to a separate escrow
account for the benefit of such Certificateholders as provided in Section
9.01(d).
Section 4.03 Statements to Certificateholders; Statements to Rating
Agencies; Exchange Act Reporting. (See Section 4.03 of the Standard
Terms)
Section 4.04 Distribution of Reports to the Trustee and the Company;
Advances by the Master Servicer. (See Section 4.04 of the Standard
Terms)
-24-
Section 4.05 Allocation of Realized Losses.
Prior to each Distribution Date, the Master Servicer shall determine the
total amount of Realized Losses, if any, that resulted from any Cash
Liquidation, Servicing Modification, Debt Service Reduction, Deficient Valuation
or REO Disposition that occurred during the related Prepayment Period or, in the
case of a Servicing Modification that constitutes a reduction of the interest
rate on a Mortgage Loan, the amount of the reduction in the interest portion of
the Monthly Payment due during the related Due Period. The amount of each
Realized Loss shall be evidenced by an Officers' Certificate. All Realized
Losses, other than Excess Special Hazard Losses, Extraordinary Losses, Excess
Bankruptcy Losses or Excess Fraud Losses, shall be allocated as follows: first,
to the Class B-3 Certificates until the Certificate Principal Balance thereof
has been reduced to zero; second, to the Class B-2 Certificates until the
Certificate Principal Balance thereof has been reduced to zero; third, to the
Class B-1 Certificates until the Certificate Principal Balance thereof has been
reduced to zero; fourth, to the Class M-3 Certificates until the Certificate
Principal Balance thereof has been reduced to zero; fifth, to the Class M-2
Certificates until the Certificate Principal Balance thereof has been reduced to
zero; sixth, to the Class M-1 Certificates until the Certificate Principal
Balance thereof has been reduced to zero; and, thereafter, if any such Realized
Losses are on a Discount Mortgage Loan, to the Class A-P Certificates in an
amount equal to the Discount Fraction of the principal portion thereof, and the
remainder of such Realized Losses on the Discount Mortgage Loans and the entire
amount of such Realized Losses on Non-Discount Mortgage Loans will be allocated
among all the Senior Certificates (other than the Class A-V Certificates and
Class A-P Certificates) in the case of the principal portion of such loss on a
pro rata basis and among all of the Senior Certificates (other than the Class
A-P Certificates) in the case of the interest portion of such loss on a pro rata
basis, as described below. Any Excess Special Hazard Losses, Excess Bankruptcy
Losses, Excess Fraud Losses, Extraordinary Losses on Non-Discount Mortgage Loans
will be allocated among the Senior Certificates (other than the Class A-P
Certificates) and Subordinate Certificates, on a pro rata basis, as described
below. The principal portion of such Realized Losses on the Discount Mortgage
Loans will be allocated to the Class A-P Certificates in an amount equal to the
Discount Fraction thereof and the remainder of such Realized Losses on the
Discount Mortgage Loans and the entire amount of such Realized Losses on Non-
Discount Mortgage Loans will be allocated among the Senior Certificates (other
than the Class A-P Certificates) and Subordinate Certificates, on a pro rata
basis, as described below.
As used herein, an allocation of a Realized Loss on a "pro rata basis"
among two or more specified Classes of Certificates means an allocation on a pro
rata basis, among the various Classes so specified, to each such Class of
Certificates on the basis of their then outstanding Certificate Principal
Balances prior to giving effect to distributions to be made on such Distribution
Date in the case of the principal portion of a Realized Loss or based on the
Accrued Certificate Interest thereon payable on such Distribution Date (without
regard to any Compensating Interest for such Distribution Date) in the case of
an interest portion of a Realized Loss. Except as provided in the following
sentence, any allocation of the principal portion of Realized Losses (other than
Debt Service Reductions) to a Class of Certificates shall be made by reducing
the Certificate Principal Balance thereof by the amount so allocated, which
allocation shall be deemed to have occurred on such Distribution Date; provided
that no such reduction shall reduce the aggregate Certificate Principal Balance
of the Certificates below the aggregate Stated Principal Balance of the Mortgage
Loans. Any allocation of the principal portion of Realized Losses (other than
Debt Service
-25-
Reductions) to the Subordinate Certificates then outstanding with the Lowest
Priority shall be made by operation of the definition of "Certificate Principal
Balance" and by operation of the provisions of Section 4.02(a). Allocations of
the interest portions of Realized Losses (other than any interest rate reduction
resulting from a Servicing Modification) shall be made in proportion to the
amount of Accrued Certificate Interest and by operation of the definition of
"Accrued Certificate Interest" and by operation of the provisions of Section
4.02(a). Allocations of the interest portion of a Realized Loss resulting from
an interest rate reduction in connection with a Servicing Modification shall be
made by operation of the provisions of Section 4.02(a). Allocations of the
principal portion of Debt Service Reductions shall be made by operation of the
provisions of Section 4.02(a). All Realized Losses and all other losses
allocated to a Class of Certificates hereunder will be allocated among the
Certificates of such Class in proportion to the Percentage Interests evidenced
thereby; provided that if any Subclasses of the Class A-V Certificates have been
issued pursuant to Section 5.01(c), such Realized Losses and other losses
allocated to the Class A-V Certificates shall be allocated among such Subclasses
in proportion to the respective amounts of Accrued Certificate Interest payable
on such Distribution Date that would have resulted absent such reductions.
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property.
(See Section 4.06 of the Standard Terms)
Section 4.07 Optional Purchase of Defaulted Mortgage Loans. (See Section
4.07 of the Standard Terms)
Section 4.08 Surety Bond. (See Section 4.08 of the Standard Terms)
-26-
ARTICLE V
THE CERTIFICATES
(SEE ARTICLE V OF THE STANDARD TERMS)
-27-
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
(SEE ARTICLE VI OF THE STANDARD TERMS)
-28-
ARTICLE VII
DEFAULT
(SEE ARTICLE VII OF THE STANDARD TERMS)
-29-
ARTICLE VIII
CONCERNING THE TRUSTEE
(SEE ARTICLE VIII OF THE STANDARD TERMS)
-30-
ARTICLE IX
TERMINATION
(SEE ARTICLE IX OF THE STANDARD TERMS)
Section 9.01 Optional Purchase by the Master Servicer of All Certificates;
Termination Upon Purchase by the Master Servicer or Liquidation of
All Mortgage Loans.
(a) Subject to Section 9.02, the respective obligations and
responsibilities of the Company, the Master Servicer and the Trustee
created hereby in respect of the Certificates (other than the obligation
of the Trustee to make certain payments after the Final Distribution Date
to Certificateholders and the obligation of the Company to send certain
notices as hereinafter set forth) shall terminate upon the last action
required to be taken by the Trustee on the Final Distribution Date
pursuant to this Article IX following the earlier of:
(i) the later of the final payment or other liquidation (or
any Advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund or the disposition of all property
acquired upon foreclosure or deed in lieu of foreclosure of any
Mortgage Loan, or
(ii) the purchase by the Master Servicer of all Mortgage
Loans and all property acquired in respect of any Mortgage Loan
remaining in the Trust Fund at a price equal to 100% of the unpaid
principal balance of each Mortgage Loan or, if less than such
unpaid principal balance, the fair market value of the related
underlying property of such Mortgage Loan with respect to Mortgage
Loans as to which title has been acquired if such fair market
value is less than such unpaid principal balance (net of any
unreimbursed Advances attributable to principal) on the day of
repurchase plus accrued interest thereon at the Net Mortgage Rate
(or Modified Net Mortgage Rate in the case of any Modified
Mortgage Loan) to, but not including, the first day of the month
in which such repurchase price is distributed, provided, however,
that in no event shall the trust created hereby continue beyond
the expiration of 21 years from the death of the last survivor of
the descendants of Xxxxxx X. Xxxxxxx, the late ambassador of the
United States to the Court of St. Xxxxx, living on the date hereof
and provided further that the purchase price set forth above shall
be increased as is necessary, as determined by the Master
Servicer, to avoid disqualification of any portion of any REMIC
formed under the Series Supplement as a REMIC.
The right of the Master Servicer to purchase all the assets of the Trust
Fund pursuant to clause (ii) above is conditioned upon the Pool Stated Principal
Balance as of the Final Distribution Date, prior to giving effect to
distributions to be made on such Distribution Date, being less than one percent
(1%) of the Cut-off Date Principal Balance of the Mortgage Loans. If such right
is exercised by the Master Servicer, the Master Servicer shall be deemed to have
been reimbursed for the full amount of any unreimbursed Advances theretofore
made by it with respect to the Mortgage Loans. In addition, the Master Servicer
shall provide to the Trustee the
-31-
certification required by Section 3.15 and the Trustee and any Custodian shall,
promptly following payment of the purchase price, release to the Master Servicer
the Mortgage Files pertaining to the Mortgage Loans being purchased.
In addition to the foregoing, on any Distribution Date on which the Pool
Stated Principal Balance, prior to giving effect to distributions to be made on
such Distribution Date, is less than one percent (1%) of the Cut-off Date
Principal Balance of the Mortgage Loans, Master Servicer shall have the right,
at its option, to purchase the Certificates in whole, but not in part, at a
price equal to the outstanding Certificate Principal Balance of such
Certificates plus the sum of Accrued Certificate Interest thereon for the
related Interest Accrual Period and any previously unpaid Accrued Certificate
Interest. If the Master Servicer exercises this right to purchase the
outstanding Certificates, the Master Servicer will promptly terminate the
respective obligations and responsibilities created hereby in respect of the
Certificates pursuant to this Article IX.
(b) The Master Servicer shall give the Trustee not less than 60
days' prior notice of the Distribution Date on which the Master Servicer
anticipates that the final distribution will be made to
Certificateholders (whether as a result of the exercise by the Master
Servicer of its right to purchase the assets of the Trust Fund or
otherwise) or on which the Master Servicer anticipates that the
Certificates will be purchased (as a result of the exercise by the Master
Servicer to purchase the outstanding Certificates). Notice of any
termination, specifying the anticipated Final Distribution Date (which
shall be a date that would otherwise be a Distribution Date) upon which
the Certificateholders may surrender their Certificates to the Trustee
(if so required by the terms hereof) for payment of the final
distribution and cancellation or notice of any purchase of the
outstanding Certificates, specifying the Distribution Date upon which the
Holders may surrender their Certificates to the Trustee for payment,
shall be given promptly by the Master Servicer (if it is exercising its
right to purchase the assets of the Trust Fund or to purchase the
outstanding Certificates), or by the Trustee (in any other case) by
letter to the Certificateholders mailed not earlier than the 15th day and
not later than the 25th day of the month next preceding the month of such
final distribution specifying:
(i) the anticipated Final Distribution Date upon which
final payment of the Certificates is anticipated to be made upon
presentation and surrender of Certificates at the office or agency
of the Trustee therein designated where required pursuant to this
Agreement or, in the case of the purchase by the Master Servicer
of the outstanding Certificates, the Distribution Date on which
such purchase is to be made,
(ii) the amount of any such final payment, or in the case
of the purchase of the outstanding Certificates, the purchase
price, in either case, if known, and
(iii) that the Record Date otherwise applicable to such
Distribution Date is not applicable, or in the case of the Senior
Certificates, or in the case of all of the Certificates in
connection with the exercise by the Master Servicer of its right
to purchase the Certificates, that payment will be made only upon
-32-
presentation and surrender of the Certificates at the office or
agency of the Trustee therein specified.
If the Master Servicer is obligated to give notice to Certificateholders
as aforesaid, it shall give such notice to the Certificate Registrar at the time
such notice is given to Certificateholders and, if the Master Servicer is
exercising its rights to purchase the outstanding Certificates, it shall give
such notice to each Rating Agency at the time such notice is given to
Certificateholders. As a result of the exercise by the Master Servicer of its
right to purchase the assets of the Trust Fund, the Master Servicer shall
deposit in the Certificate Account before the Final Distribution Date in
immediately available funds an amount equal to the purchase price for the assets
of the Trust Fund, computed as provided above. As a result of the exercise by
the Master Servicer of its right to purchase the outstanding Certificates, the
Master Servicer shall deposit in an Eligible Account, established by the Master
Servicer on behalf of the Trustee and separate from the Certificate Account in
the name of the Trustee in trust for the registered holders of the Certificates,
before the Distribution Date on which such purchase is to occur in immediately
available funds an amount equal to the purchase price for the Certificates,
computed as above provided, and provide notice of such deposit to the Trustee.
The Trustee will withdraw from such account the amount specified in subsection
(c) below.
(c) In the case of the Senior Certificates, upon presentation and
surrender of the Certificates by the Certificateholders thereof, and in
the case of the Class M and Class B Certificates, upon presentation and
surrender of the Certificates by the Certificateholders thereof in
connection with the exercise by the Master Servicer of its right to
purchase the Certificates and otherwise, in accordance with Section
4.01(a), the Trustee shall distribute to the Certificateholders (i) the
amount otherwise distributable on such Distribution Date, if not in
connection with the Master Servicer's election to repurchase the assets
of the Trust Fund or the outstanding Certificates, or (ii) if the Master
Servicer elected to so repurchase the assets of the Trust Fund or the
outstanding Certificates, an amount determined as follows: (A) with
respect to each Certificate the outstanding Certificate Principal Balance
thereof, plus Accrued Certificate Interest for the related Interest
Accrual Period thereon and any previously unpaid Accrued Certificate
Interest, subject to the priority set forth in Section 4.02(a), and (B)
with respect to the Class R Certificates, any excess of the amounts
available for distribution (including the repurchase price specified in
clause (ii) of subsection (a) of this Section) over the total amount
distributed under the immediately preceding clause (A). Nothwithstanding
the reduction of the Certificate Principal Balance of any Class of
Subordinate Certificates to zero, such Class will be outstanding
hereunder until the termination of the respective obligations and
responsibilities of the Company, the Master Servicer and the Trustee
hereunder in accordance with Article IX.
(d) If any Certificateholders shall not surrender their
Certificates for final payment and cancellation on or before the Final
Distribution Date (if so required by the terms hereof), the Trustee shall
on such date cause all funds in the Certificate Account not distributed
in final distribution to Certificateholders to be withdrawn therefrom and
credited to the remaining Certificateholders by depositing such funds in
a separate escrow account for the benefit of such Certificateholders, and
the Master Servicer (if it exercised
-33-
its right to purchase the assets of the Trust Fund), or the Trustee (in
any other case) shall give a second written notice to the remaining
Certificateholders to surrender their Certificates for cancellation and
receive the final distribution with respect thereto. If within six months
after the second notice any Certificate shall not have been surrendered
for cancellation, the Trustee shall take appropriate steps as directed by
the Master Servicer to contact the remaining Certificateholders
concerning surrender of their Certificates. The costs and expenses of
maintaining the escrow account and of contacting Certificateholders shall
be paid out of the assets which remain in the escrow account. If within
nine months after the second notice any Certificates shall not have been
surrendered for cancellation, the Trustee shall pay to the Master
Servicer all amounts distributable to the holders thereof and the Master
Servicer shall thereafter hold such amounts until distributed to such
Holders. No interest shall accrue or be payable to any Certificateholder
on any amount held in the escrow account or by the Master Servicer as a
result of such Certificateholder's failure to surrender its
Certificate(s) for final payment thereof in accordance with this Section
9.01.
(e) If any Certificateholders do not surrender their Certificates
on or before the Distribution Date on which a purchase of the outstanding
Certificates is to be made, the Trustee shall on such date cause all
funds in the Certificate Account deposited therein by the Master Servicer
pursuant to Section 9.01(b) to be withdrawn therefrom and deposited in a
separate escrow account for the benefit of such Certificateholders, and
the Master Servicer shall give a second written notice to such
Certificateholders to surrender their Certificates for payment of the
purchase price therefor. If within six months after the second notice any
Certificate shall not have been surrendered for cancellation, the Trustee
shall take appropriate steps as directed by the Master Servicer to
contact the Holders of such Certificates concerning surrender of their
Certificates. The costs and expenses of maintaining the escrow account
and of contacting Certificateholders shall be paid out of the assets
which remain in the escrow account. If within nine months after the
second notice any Certificates shall not have been surrendered for
cancellation in accordance with this Section 9.01, the Trustee shall pay
to the Master Servicer all amounts distributable to the Holders thereof
and the Master Servicer shall thereafter hold such amounts until
distributed to such Holders. No interest shall accrue or be payable to
any Certificateholder on any amount held in the escrow account or by the
Master Servicer as a result of such Certificateholder's failure to
surrender its Certificate(s) for payment in accordance with this Section
9.01. Any Certificate that is not surrendered on the Distribution Date on
which a purchase pursuant to this Section 9.01 occurs as provided above
will be deemed to have been purchased and the Holder as of such date will
have no rights with respect thereto except to receive the purchase price
therefor minus any costs and expenses associated with such escrow account
and notices allocated thereto. Any Certificates so purchased or deemed to
have been purchased on such Distribution Date shall remain outstanding
hereunder until the Master Servicer has terminated the respective
obligations and responsibilities created hereby in respect of the
Certificates pursuant to this Article IX. The Master Servicer shall be
for all purposes the Holder thereof as of such date.
-34-
Section 9.02 Additional Termination Requirements (See Section 9.02 of the
Standard Terms).
Section 9.03 Termination of Multiple REMICs (See Section 9.03 of the
Standard Terms).
-35-
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration. (See Section 10.01 of the Standard Terms)
Section 10.02 Master Servicer; REMIC Administrator and Trustee
Indemnification. (See Section 10.02 of the Standard Terms)
Section 10.03 Designation of REMIC(s).
The REMIC Administrator will make an election to treat the entire
segregated pool of assets described in the definition of Trust Fund, and subject
to this Agreement, as a REMIC for federal income tax purposes.
The Class A-1, Class A-P, Class M-1, Class M-2, Class M-3, Class B-1,
Class B-2 and Class B-3 Certificates and the rights in and to which will be
represented by the Class A-V Certificates, will be "regular interests" in the
REMIC, and the Class R Certificates will be the sole class of "residual
interests" therein for purposes of the REMIC Provisions (as defined in the
Standard Terms) under federal income tax law. On and after the date of issuance
of any Subclass of Class A-V Certificates pursuant to Section 5.01(c) of the
Standard Terms, any such Subclass will represent the Uncertificated REMIC
Regular Interest or Interests specified by the initial Holder of the Class A-V
Certificates pursuant to said Section.
Section 10.04 Distributions on the Uncertificated REMIC Regular Interests.
(a) On each Distribution Date the Trustee shall be deemed to distribute
to itself, as the holder of the Uncertificated REMIC Regular Interests,
Uncertificated Accrued Interest on the Uncertificated REMIC Regular Interests
for such Distribution Date, plus any Uncertificated Accrued Interest thereon
remaining unpaid from any previous Distribution Date.
(b) In determining from time to time the Uncertificated REMIC Regular
Interest Distribution Amounts, Realized Losses allocated to the Class A-V
Certificates under Section 4.05 shall be deemed allocated to Uncertificated
REMIC Regular Interests on a pro rata basis based on the Uncertificated Accrued
Interest for the related Distribution Date.
(c) On each Distribution Date, the Trustee shall be deemed to distribute
from the Trust Fund, in the priority set forth in Section 4.02(a), to the Class
A-V Certificates, the amounts distributable thereon from the Uncertificated
REMIC Regular Interest Distribution Amounts deemed to have been received by the
Trustee from the Trust Fund under this Section 10.04. The amount deemed
distributable hereunder with respect to the Class A-V Certificates shall equal
100% of the amounts payable with respect to the Uncertificated REMIC Regular
Interests.
(d) Notwithstanding the deemed distributions on the Uncertificated REMIC
Regular Interests described in this Section 10.04, distributions of funds from
the Certificate Account shall be made only in accordance with Section 4.02.
-36-
Section 10.05 Compliance with Withholding Requirements.
Notwithstanding any other provision of this Agreement, the Trustee or any
Paying Agent, as applicable, shall comply with all federal withholding
requirements respecting payments to Certificateholders, including interest or
original interest discount payments or advances thereof that the Trustee or any
Paying Agent, as applicable, reasonably believes are applicable under the Code.
The consent of Certificateholders shall not be required for such withholding. In
the event the Trustee or any Paying Agent, as applicable, does withhold any
amount from interest or original issue discount payments or advances thereof to
any Certificateholder pursuant to federal withholding requirements, the Trustee
or any Paying Agent, as applicable, shall indicate the amount withheld to such
Certificateholder pursuant to the terms of such requirements.
-37-
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment. (See Section 11.01 of the Standard Terms)
Section 11.02 Recordation of Agreement. Counterparts. (See Section 11.02 of
the Standard Terms)
Section 11.03 Limitation on Rights of Certificateholders. (See Section
11.03 of the Standard Terms)
Section 11.04 Governing Laws. (See Section 11.04 of the Standard Terms)
Section 11.05 Notices. All demands and notices hereunder shall be
in writing and shall be deemed to have been duly given if
personally delivered at or mailed by registered mail,
postage prepaid (except for notices to the Trustee which
shall be deemed to have been duly given only when
received), to the appropriate address for each recipient
listed in the table below or, in each case, such other
address as may hereafter be furnished in writing to the
Master Servicer, the Trustee and the Company, as
applicable:
Recipient Address
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000, Xxxxxxxxxxx, Xxxxxxxxx 00000,
Company Attention: President
0000 X. Xxxxxxx Xxxxxx, Xxxxx 000
Xxxxxxx, Xxxxxxxxxx 00000-0000,
Master Servicer Attention: Managing Director/Master Servicing
Trustee Corporate Trust Office
The Trustee designates its offices located at
c/o DTC Transfer Services 00 Xxxxx Xxxxxx, 0xx
Xxxxx-Xxxxxxxx Xxxx Entrance New York, New York
10041, for the purposes of Section 8.12 of the
Standard Terms 00 Xxxxx Xxxxxx
Standard and Poor's New York, New York 00000
Xxxxx's 00 Xxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Any notice required or permitted to be mailed to a Certificateholder shall be
given by first class mail, postage prepaid, at the address of such Holder as
shown in the Certificate Register. Any notice so mailed within the time
prescribed in this Agreement shall be conclusively presumed to have been duly
given, whether or not the Certificateholder receives such notice.
-38-
Section 11.06 Required Notices to Rating Agency and Subservicer.
The Company, the Master Servicer or the Trustee, as applicable, shall
notify each Rating Agency and the Subservicer at such time as it is otherwise
required pursuant to this Agreement to give notice of the occurrence of, any of
the events described in clause (a), (b), (c), (d), (g), (h), (i) or (j) below or
provide a copy to each Rating Agency at such time as otherwise required to be
delivered pursuant to this Agreement of any of the statements described in
clauses (e) and (f) below:
(a) a material change or amendment to this Agreement,
(b) the occurrence of an Event of Default,
(c) the termination or appointment of a successor Master Servicer
or Trustee or a change in the majority ownership of the Trustee,
(d) the filing of any claim under the Master Servicer's blanket
fidelity bond and the errors and omissions insurance policy required by
Section 3.12 or the cancellation or modification of coverage under any
such instrument,
(e) the statement required to be delivered to the Holders of each
Class of Certificates pursuant to Section 4.03,
(f) the statements required to be delivered pursuant to Sections
3.18 and 3.19,
(g) a change in the location of the Custodial Account or the
Certificate Account,
(h) the occurrence of any monthly cash flow shortfall to the
Holders of any Class of Certificates resulting from the failure by the
Master Servicer to make an Advance pursuant to Section 4.04,
(i) the occurrence of the Final Distribution Date, and
(j) the repurchase of any Mortgage Loan,
provided, however, that with respect to notice of the occurrence of the events
described in clauses (d), (g) or (h) above, the Master Servicer shall provide
prompt written notice to each Rating Agency and the Subservicer of any such
event known to the Master Servicer.
Section 11.07 Severability of Provisions. (See Section 11.07 of the
Standard Terms)
Section 11.08 Supplemental Provisions for Resecuritization. (See Section
11.08 of the Standard Terms)
Section 11.09 Allocation of Voting Rights.
-39-
98.0% of all Voting Rights shall be allocated among Holders of
Certificates, other than the Class A-V Certificates and Residual Certificates,
in proportion to the outstanding Certificate Principal Balances of their
respective Certificates, 1.0% of all Voting Rights shall be allocated among the
Holders of the Class A-V Certificates in accordance with their respective
Percentage Interests; and 1.0% of all Voting Rights shall be allocated among the
Holders of the Class R Certificates, in accordance with their respective
Percentage Interests.
-40-
IN WITNESS WHEREOF, the Company, the Master Servicer and the Trustee have
caused their names to be signed hereto by their respective officers thereunto
duly authorized and their respective seals, duly attested, to be hereunto
affixed, all as of the day and year first above written.
[Seal] RESIDENTIAL FUNDING
MORTGAGE SECURITIES I,
INC.
Attest: /s/ Xxxx Xxxxxxxx By:/s/ Xxxxx Xxxxxxxxx
Name: Xxxx Xxxxxxxx Name: Xxxxx Xxxxxxxxx
Title: Vice President Title: Vice President
[Seal]
RESIDENTIAL FUNDING CORPORATION
Attest: /s/ Xxxxx Xxx By:/s/ Xxxx Xxxxxxxx
Name: Xxxxx Xxx Name: Xxxx Xxxxxxxx
Title: Director Title: Managing Director
BANK ONE, NATIONAL ASSOCIATION
[Seal] as Trustee
Attest: /s/ By: /s/ Xxxxx X. Xxxxxxxxxx
Name: Name: Xxxxx X. Xxxxxxxxxx
Title: Title: Vice President
[Seal]
By: /s/
Name:
Attest: /s/ Title:
Name:
Title:
-41-
STATE OF MINNESOTA )
) ss.:
COUNTY OF HENNEPIN )
On the 30th day of April, 2003 before me, a notary public in and
for said State, personally appeared Xxxxx Xxxxxxxxx, known to me to be a Vice
President of Residential Funding Mortgage Securities I, Inc., one of the
corporations that executed the within instrument, and also known to me to be the
person who executed it on behalf of said corporation, and acknowledged to me
that such corporation executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.
Notary Public
_________________
[Notarial Seal]
-42-
STATE OF MINNESOTA )
) ss.:
COUNTY OF HENNEPIN )
On the 30th day of April, 2003 before me, a notary public in and
for said State, personally appeared Xxxx Xxxxxxxx, known to me to be a Managing
Director of Residential Funding Corporation, one of the corporations that
executed the within instrument, and also known to me to be the person who
executed it on behalf of said corporation, and acknowledged to me that such
corporation executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.
Notary Public
__________________
[Notarial Seal]
-43-
STATE OF ILLINOIS )
) ss.:
COUNTY OF COOK )
On the 30th day of April, 2003 before me, a notary public in and
for said State, personally appeared Xxxxx X. Xxxxxxxxxx, known to me to be a
Vice President of Bank One, National Association, a national banking association
that executed the within instrument, and also known to me to be the person who
executed it on behalf of said banking corporation and acknowledged to me that
such banking corporation executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.
Notary Public
___________________
[Notarial Seal]
-44-
EXHIBIT ONE
MORTGAGE LOAN SCHEDULE
(Available Upon Request)
RUN ON : 04/24/03 RFC DISCLOSURE SYSTEM RFFSDFIX-01
AT : 08.31.37 FIXED PASSTHRU REPORT AMORTIZED BALANCE
SERIES : RFMSI 2003-S9 CUTOFF : 04/01/03
POOL : 0004679
:
:
POOL STATUS: F
RFC LOAN NUMBER SUB SERV FEE
PRINCIPAL BALANCE MSTR SERV FEE
CURR NOTE RATE ALL EXP
RFC NET RATE MISC EXP
NET MTG RATE(INVSTR RATE) SPREAD
POST STRIP RATE STRIP
------------------------------------------------------------------------
4397406 .2500
293,851.60 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
5039437 .2500
308,870.14 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
5237834 .2500
356,999.36 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
5241436 .2500
346,023.64 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
5338517 .2500
280,971.26 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
5407402 .2500
550,443.14 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
1
5581822 .7500
393,846.52 .0800
7.6250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
5581825 .5000
499,560.39 .0800
7.2500 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
5581835 .5000
329,741.08 .0800
7.2500 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
5581845 .6250
403,732.60 .0800
7.3750 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
5609085 .2500
297,991.31 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
5704592 .2500
584,566.29 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
5846942 .2500
359,755.20 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6004270 .2500
346,195.16 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
6075444 .5000
390,042.51 .0800
7.2500 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6119586 .2500
352,756.09 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6236916 .2500
737,556.07 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6237174 .2500
590,533.98 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6237194 .2500
580,503.53 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6278460 .2500
435,770.95 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
6290932 .2500
369,651.00 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6305220 .2500
301,905.01 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
6319808 .2500
482,326.04 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6361830 .2500
393,837.42 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6370820 .2500
499,595.64 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6419840 .2500
325,180.52 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6427866 .2500
371,563.00 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
6.0450 .0000
6433152 .2500
492,697.85 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6436742 .2500
348,419.27 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6460816 .2500
226,659.98 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
6468264 .2500
384,197.55 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6481950 .2500
144,887.25 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6496960 .2500
326,285.88 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6500830 .3750
423,568.88 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6508204 .5000
552,372.64 .0800
7.5000 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6508224 .7500
363,146.24 .0800
7.3750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6517380 .2500
387,601.59 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6561334 .2500
314,995.93 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
1
6566752 .2500
818,295.08 .0800
6.8500 .0000
6.6000 .0000
6.5200 .0000
6.5000 .0200
6586964 .2500
394,517.16 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6587340 .2500
351,594.99 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6634870 .2500
305,531.34 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6640516 .2500
337,815.69 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6643354 .2500
394,647.75 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
6651898 .2500
313,043.34 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6657076 .2500
332,089.68 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
6661150 .2500
448,180.22 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6665460 .2500
341,439.52 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6666526 .2500
301,471.26 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6689384 .2500
370,601.28 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6700600 .2500
310,811.66 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6707164 .2500
413,470.77 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6708386 .2500
307,656.23 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6731248 .2500
269,661.37 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
6732558 .2500
634,645.66 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6732668 .2500
391,392.80 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6741976 .2500
328,019.80 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6743668 .2500
473,600.06 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6749048 .2500
738,782.79 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6759406 .2500
285,117.04 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6762590 .2500
458,415.40 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6770100 .2500
597,809.73 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
1
6793812 .2500
308,606.91 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6812440 .2500
836,078.99 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6814290 .2500
320,690.57 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6816190 .2500
391,646.62 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6817354 .2500
413,579.84 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
6819844 .2500
642,063.76 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6826308 .2500
633,726.63 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
6.0450 .0000
6828138 .2500
368,063.31 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
6831156 .2500
401,716.24 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6836408 .2500
394,654.26 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6836882 .2500
328,101.41 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
6848342 .2500
377,751.04 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6848400 .2500
315,544.92 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6860284 .2500
315,235.94 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6860296 .2500
319,956.28 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
6860298 .2500
323,732.58 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
1
6862022 .2500
368,973.05 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
6870226 .2500
369,208.99 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6872702 .2500
394,046.26 .0800
6.6000 .0000
6.3500 .0000
6.2700 .0000
6.2700 .0000
6947134 .2500
335,431.88 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6947248 .2500
615,616.07 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6949590 .2500
364,712.68 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
6954974 .2500
691,655.18 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6959284 .2500
352,316.11 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
6965324 .2500
165,650.38 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
6990480 .2500
437,245.18 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
6990632 .2500
422,384.55 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7000296 .2500
393,639.06 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7002094 .2500
387,570.61 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7012942 .2500
350,768.07 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7035710 .2500
473,656.35 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
6.0450 .0000
7035942 .2500
355,852.03 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
7035946 .2500
309,795.43 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7037430 .2500
192,142.71 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7054980 .2500
646,346.10 .0800
6.8500 .0000
6.6000 .0000
6.5200 .0000
6.5000 .0200
7063000 .2500
326,955.47 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.5000 .9200
7074446 .2500
131,376.01 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7086360 .2500
909,529.45 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7086636 .2500
515,626.66 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7109132 .2500
360,632.48 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
7113096 .5000
369,391.45 .0800
6.8750 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7113394 .5000
318,987.05 .0800
6.8750 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7114152 .2500
356,007.95 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7120168 .2500
396,827.29 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7125734 .2500
533,082.46 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7136176 .2500
31,135.05 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.5000 1.2950
7139306 .2500
788,993.54 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7139548 .2500
363,055.63 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7139942 .2500
322,317.46 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7145264 .2500
320,438.51 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7145270 .2500
503,010.43 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7152200 .2500
572,918.52 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7169836 .2500
362,238.55 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7169948 .2500
284,943.88 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7171550 .6250
447,890.18 .0800
6.8750 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7171582 .6250
442,122.28 .0800
6.8750 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
1
7171634 .6250
299,346.50 .0800
6.8750 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7180106 .2500
101,062.29 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7180134 .2500
377,307.05 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.9200 .0000
7180148 .2500
394,385.84 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7212956 .2500
315,508.59 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7226624 .2500
908,767.30 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7236096 .2500
249,201.43 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7242890 .2500
326,515.36 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
1
7247074 .2500
642,792.09 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7251950 .2500
357,325.12 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7257836 .2500
342,193.93 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7266582 .2500
280,818.87 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7267104 .2500
281,046.13 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
6.0450 .0000
7272296 .2500
552,829.20 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7276252 .2500
492,982.45 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7276358 .2500
401,386.91 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
1
7276364 .2500
366,778.82 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7291464 .2500
404,907.88 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7296850 .2500
336,043.09 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7309388 .2500
310,023.54 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7316912 .2500
370,635.76 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7318426 .2500
286,626.55 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7318482 .2500
394,572.84 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7326604 .2500
351,934.07 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
7345650 .2500
484,017.17 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7347418 .2500
339,009.59 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7349062 .2500
235,028.53 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7355442 .2500
495,801.68 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7359580 .2500
315,712.92 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7365220 .2500
456,751.37 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7377984 .2500
415,935.93 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7378678 .2500
417,953.71 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
7378942 .2500
297,268.21 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7378982 .2500
284,237.70 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7379000 .2500
301,749.48 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7379102 .2500
319,452.58 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7381124 .2500
496,951.55 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.5000 1.0450
7384416 .2500
488,110.89 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7392940 .2500
345,049.36 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7395126 .2500
362,851.05 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
7400964 .2500
641,689.87 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7407400 .2500
331,195.41 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7413476 .2500
337,512.92 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7413516 .2500
298,037.68 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7413608 .2500
422,442.56 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7419044 .2500
393,005.74 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7425266 .2500
332,089.68 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7436258 .2500
336,834.60 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
7443410 .2500
327,747.04 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7443438 .2500
336,616.97 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7443538 .2500
392,532.29 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7443560 .2500
323,504.87 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7446160 .2500
60,650.20 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7453622 .2500
342,221.05 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7462632 .2500
828,543.81 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7463682 .2500
290,805.40 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
7468130 .2500
502,339.28 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7476768 .2500
79,984.11 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7477572 .2500
337,329.03 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7480982 .2500
393,861.60 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7482746 .2500
687,949.91 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7486174 .2500
986,864.03 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7488454 .2500
314,208.97 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7496940 .2500
359,555.62 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
7497186 .2500
370,817.64 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.5000 .7950
7499388 .2500
345,684.86 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7524912 .2500
349,996.26 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7535868 .2500
282,993.52 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7542752 .2500
360,078.04 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7545042 .2500
383,626.01 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7545382 .2500
338,499.77 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7556534 .2500
309,529.19 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
1
7558582 .2500
301,337.27 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7558718 .2500
326,653.61 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7559002 .2500
615,800.65 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7559004 .2500
612,153.12 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7559010 .2500
457,487.64 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7559012 .2500
351,547.52 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7559022 .2500
601,916.12 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7559026 .2500
291,344.48 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
1
7559030 .2500
542,432.94 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7559032 .2500
338,747.61 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7559034 .2500
305,834.95 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7559036 .2500
494,323.47 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.5000 .7950
7559046 .2500
438,731.50 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7559048 .2500
402,628.93 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7559054 .2500
345,407.86 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7559056 .2500
503,994.16 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
7559062 .2500
310,452.57 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7559064 .2500
566,306.78 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7559068 .2500
313,312.46 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7559078 .2500
638,726.80 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7559080 .2500
465,807.29 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7559082 .2500
446,613.04 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7559084 .2500
316,767.64 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7559086 .2500
298,983.05 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
7559088 .2500
447,469.08 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7559094 .2500
296,048.60 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7559110 .2500
352,417.20 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7559112 .2500
309,407.30 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.5000 .9200
7559114 .2500
418,697.03 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7559124 .2500
287,551.99 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7559126 .2500
325,347.23 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
6.0450 .0000
7559128 .2500
352,956.87 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
1
7559134 .2500
398,468.13 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7559138 .2500
311,060.23 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7559142 .2500
559,736.44 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7560040 .2500
335,497.74 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7560710 .5000
436,482.41 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560712 .3750
642,063.50 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560714 .6250
525,204.59 .0800
7.1250 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560720 .3750
339,705.03 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7560724 .3750
588,722.83 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560726 .5000
499,967.93 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560728 .7500
403,364.80 .0800
7.2500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560734 .8750
555,285.14 .0800
7.3750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560740 .3750
340,787.50 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560742 .3750
543,284.51 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560744 .6250
591,499.14 .0800
7.1250 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560752 .3750
285,909.00 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7560970 .7500
624,502.98 .0800
7.2500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7560972 .5000
486,556.28 .0800
6.7500 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7560980 .6250
410,161.23 .0800
6.8750 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7560990 .6250
790,984.27 .0800
6.8750 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7560992 .6250
406,594.53 .0800
6.8750 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7560996 .6250
311,635.68 .0800
6.8750 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7561010 .7500
486,745.33 .0800
7.0000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7561012 .7500
410,670.87 .0800
7.0000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
1
7561018 .6250
499,129.56 .0800
6.8750 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7561022 .7500
394,875.87 .0800
7.0000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7561030 .7500
319,849.01 .0800
7.0000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7561032 .7500
367,199.07 .0800
7.0000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7569696 .2500
410,635.41 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7573678 .2500
582,966.47 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7575470 .2500
400,944.16 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7577710 .2500
201,576.59 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
1
7583288 .2500
377,617.36 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7583826 .2500
490,279.47 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.5000 1.0450
7583840 .2500
484,759.37 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7583856 .2500
315,856.32 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7583862 .2500
944,354.69 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7583890 .2500
508,306.50 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7583896 .2500
442,352.20 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7583900 .2500
591,745.10 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
1
7583916 .2500
339,378.03 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7583918 .2500
416,330.15 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7583942 .2500
358,209.30 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7583954 .2500
322,378.03 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7583956 .2500
415,865.44 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7583958 .2500
409,424.18 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7583968 .2500
401,554.17 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7583970 .2500
343,328.36 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
6.0450 .0000
1
7593774 .5000
498,382.68 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7593814 .5000
395,048.15 .0800
7.1250 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7594154 .2500
418,945.50 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7598146 .2500
355,618.18 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7604240 .2500
803,350.30 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7604246 .2500
311,153.82 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7604318 .2500
332,853.41 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7604484 .2500
537,061.47 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
7606548 .2500
326,987.82 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7608800 .2500
336,247.39 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7609680 .2500
340,598.86 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7610188 .2500
409,319.67 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7614300 .2500
378,670.13 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7618348 .2500
170,146.73 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7618918 .2500
583,518.24 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7622486 .2500
467,035.94 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
1
7623794 .2500
378,076.91 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7624862 .2500
494,319.64 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7625008 .2500
354,975.74 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7625062 .2500
444,723.23 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7629256 .2500
494,347.56 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7635068 .2500
447,808.59 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7636922 .2500
320,523.25 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7639422 .2500
252,948.25 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
7641790 .2500
361,390.70 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7641922 .2500
362,056.56 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7646912 .2500
270,641.62 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7647180 .2500
357,570.80 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7653918 .2500
446,864.87 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7661620 .2500
355,831.81 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7662222 .2500
437,981.84 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7665064 .2500
448,235.73 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
1
7665448 .2500
391,733.26 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7668150 .2500
508,512.22 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7669572 .2500
329,335.23 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7675704 .2500
564,198.86 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7676354 .2500
372,738.04 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7680356 .2500
295,414.22 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7680360 .2500
527,103.04 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7680362 .2500
312,108.12 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
1
7680364 .2500
291,820.10 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.5000 .9200
7680376 .2500
537,852.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7680380 .2500
285,711.74 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7680392 .2500
303,692.01 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7680398 .2500
389,242.27 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.5000 .7950
7680406 .2500
354,338.10 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7680412 .2500
489,835.64 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7684282 .2500
380,299.12 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
7690118 .2500
338,133.65 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7700940 .2500
494,347.55 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7702708 .2500
155,574.40 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.5000 1.1700
7703726 .2500
989,173.47 .0800
7.1000 .0000
6.8500 .0000
6.7700 .0000
6.5000 .2700
7709226 .2500
338,831.19 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7713372 .2500
163,170.35 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7713452 .2500
326,159.45 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7713512 .2500
332,201.53 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
7714472 .2500
399,183.92 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7714672 .2500
168,182.03 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7714676 .2500
271,153.60 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7714778 .2500
126,210.21 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7719892 .2500
355,929.64 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7733644 .2500
590,581.97 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7736280 .2500
171,526.40 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7736638 .2500
331,895.73 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
7739580 .2500
531,770.79 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7741770 .2500
783,597.09 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7741942 .2500
320,337.18 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7744648 .2500
606,079.27 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.5000 .7950
7744652 .2500
593,020.36 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7744676 .2500
562,696.39 .0800
8.2500 .0000
8.0000 .0000
7.9200 .0000
6.5000 1.4200
7750326 .2500
379,333.70 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7750328 .2500
527,614.55 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7750330 .2500
273,905.50 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7750332 .2500
461,561.17 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7750344 .2500
569,216.61 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.5000 .7950
7750346 .2500
315,700.42 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7750350 .2500
307,820.47 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7750352 .2500
461,264.28 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7750354 .2500
328,136.71 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7750360 .2500
516,959.52 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7751212 .2500
324,379.89 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7758660 .2500
127,109.66 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7758704 .2500
481,546.57 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7759322 .2500
353,041.09 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7759324 .2500
417,906.08 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7759344 .2500
333,613.64 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7759360 .2500
383,592.08 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7759380 .2500
364,511.32 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
1
7764238 .2500
400,171.88 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7765322 .2500
588,075.27 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7765774 .2500
577,195.99 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7766854 .2500
337,119.63 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7767334 .2500
342,513.28 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7768902 .2500
452,944.98 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7776098 .2500
586,296.09 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7778826 .2500
429,814.26 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
7781116 .2500
202,480.32 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7781180 .2500
322,401.88 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7783782 .2500
560,095.74 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7785984 .2500
575,729.16 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7787686 .2500
128,036.05 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7793744 .2500
469,630.14 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7796526 .2500
622,969.01 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796530 .2500
362,710.81 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7796542 .2500
350,342.37 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7796544 .2500
269,029.45 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7796548 .2500
450,859.73 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796560 .2500
384,647.53 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796562 .2500
379,827.09 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796574 .2500
315,365.97 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796576 .2500
962,807.97 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796588 .2500
324,472.27 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
1
7796594 .2500
344,180.25 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7796614 .2500
390,442.00 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7796616 .2500
442,561.72 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7796620 .2500
323,364.20 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7796634 .2500
341,104.53 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796642 .2500
392,589.92 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796644 .2500
564,591.33 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7796646 .2500
304,609.73 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7796656 .2500
414,747.99 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796660 .2500
552,475.92 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796670 .2500
384,750.93 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796672 .2500
325,966.41 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7796686 .2500
426,488.86 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7796688 .2500
331,284.01 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7803368 .2500
332,069.23 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7803390 .2500
197,615.87 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
7803430 .2500
474,573.59 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7803472 .2500
116,270.52 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7809558 .2500
374,918.76 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7811134 .2500
353,752.00 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7813702 .2500
334,966.71 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7820922 .2500
969,183.64 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7826096 .2500
271,739.18 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7826160 .2500
178,013.38 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
7826244 .2500
380,647.51 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7826260 .2500
351,878.09 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7826270 .2500
877,718.39 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7831396 .2500
341,192.27 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7831728 .2500
383,717.69 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7837338 .2500
226,310.15 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7841948 .2500
297,090.57 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7844380 .2500
395,640.71 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
7846996 .2500
109,487.22 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.5000 .9200
7847078 .2500
355,674.05 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7847102 .2500
489,268.71 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7847172 .2500
336,063.38 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7847538 .2500
389,817.59 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7848406 .2500
377,996.64 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7848418 .2500
520,822.60 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7848422 .2500
363,696.52 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7848424 .2500
677,246.34 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7848426 .2500
394,625.55 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7848428 .2500
418,443.40 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7848440 .2500
367,603.30 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7848460 .2500
344,036.66 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7848504 .2500
328,582.91 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7848616 .2500
413,386.57 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7852252 .2500
592,848.98 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
1
7858266 .2500
383,613.71 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7866514 .2500
340,293.62 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7873626 .2500
623,046.61 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7873642 .2500
144,259.57 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7873742 .2500
766,238.59 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7873744 .2500
458,065.17 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7873746 .2500
150,281.66 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7873752 .2500
353,112.44 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
1
7873768 .2500
320,337.18 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7873770 .2500
379,294.81 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7873772 .2500
370,861.17 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7873806 .2500
319,711.16 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7875016 .2500
353,566.89 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7875026 .2500
465,334.92 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.9200 .0000
7875036 .2500
335,192.39 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7875262 .2500
448,840.79 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
7876042 .2500
298,479.57 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7876048 .2500
161,243.24 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7876050 .2500
318,149.53 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7876058 .2500
386,851.63 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7883798 .2500
640,690.19 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7885378 .2500
592,687.02 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7890460 .2500
312,188.81 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7890480 .2500
257,130.33 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
7890542 .2500
632,764.86 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7890544 .2500
316,382.42 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7890568 .2500
320,725.28 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7890602 .2500
545,759.58 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7890612 .2500
387,825.92 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7890614 .2500
613,156.97 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7890634 .2500
127,308.76 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7890646 .2500
341,076.92 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
7890658 .2500
336,644.91 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7891716 .2500
468,520.20 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7898556 .2500
309,545.35 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7898966 .2500
301,432.71 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.9200 .0000
7898972 .2500
642,253.19 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7898990 .2500
371,662.73 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7898994 .2500
367,079.66 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.9200 .0000
7899000 .2500
512,095.83 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
7899002 .2500
424,358.45 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7899008 .2500
394,850.75 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7899012 .2500
414,092.32 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.9200 .0000
7899030 .2500
316,367.64 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7899054 .2500
344,832.67 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.9200 .0000
7899058 .2500
414,469.10 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7899074 .2500
367,868.23 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7899076 .2500
402,115.92 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
6.0450 .0000
1
7899078 .2500
348,848.98 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7899080 .2500
535,704.31 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7899082 .2500
503,147.59 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7899086 .2500
389,817.59 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7899088 .2500
373,489.66 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7899156 .2500
424,077.58 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7899162 .2500
560,637.69 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7899170 .2500
630,424.74 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.9200 .0000
1
7899174 .2500
393,566.48 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7899178 .2500
493,440.09 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7899188 .2500
567,393.01 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7899196 .2500
634,563.73 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7899198 .2500
471,938.05 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7899202 .2500
386,733.06 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7899210 .2500
402,799.63 .0800
6.3750 .0000
6.1250 .0000
6.0450 .0000
6.0450 .0000
7899212 .2500
503,641.04 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7899214 .2500
340,268.40 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7901480 .2500
170,607.54 .0800
6.0000 .0000
5.7500 .0000
5.6700 .0000
5.6700 .0000
7908766 .2500
364,035.07 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7910270 .2500
914,743.29 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7911180 .2500
325,368.75 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7911188 .2500
262,857.05 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7911204 .2500
214,798.78 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7911212 .2500
392,187.40 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
7912274 .2500
492,998.09 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7922074 .2500
320,137.55 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7930104 .2500
325,280.61 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7932808 .2500
599,470.75 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7932810 .2500
895,481.94 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7934556 .2500
355,208.88 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7934560 .2500
556,674.13 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7934564 .2500
454,281.57 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7934578 .2500
320,139.34 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7934580 .2500
640,306.64 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7934582 .2500
344,969.72 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7934584 .2500
492,466.50 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7934596 .2500
480,442.87 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
7945828 .2500
378,608.83 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7953772 .2500
328,830.19 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7957798 .2500
331,121.27 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
7957812 .2500
187,852.13 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7957836 .2500
478,414.30 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7957930 .2500
395,257.14 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7957974 .2500
305,912.49 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7958000 .2500
328,335.76 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7958040 .2500
192,795.55 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7958046 .2500
326,750.55 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7959980 .2500
289,197.34 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
7959992 .2500
386,126.20 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7959994 .2500
273,087.28 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
7960004 .2500
343,868.10 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7962360 .2500
60,322.81 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7962646 .2500
542,799.31 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
7965230 .2500
766,446.35 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7966278 .2500
153,861.93 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7966338 .2500
370,309.94 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
7967120 .2500
413,496.33 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7967526 .2500
684,305.28 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7969796 .2500
424,995.62 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7970588 .2500
737,072.18 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7970664 .2500
403,496.80 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7980462 .2500
769,980.43 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
7980464 .2500
393,006.29 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7980534 .2500
494,612.83 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
7980546 .2500
394,489.25 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7981118 .2500
283,931.32 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
7981120 .2500
308,143.79 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
7985488 .2500
521,908.83 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
7990242 .2500
463,671.77 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
7996030 .2500
859,378.47 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
7998760 .2500
346,043.26 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8000914 .2500
333,863.65 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
8002316 .2500
316,382.42 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8002418 .2500
630,300.61 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
8002442 .2500
349,092.16 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
8002480 .2500
341,192.27 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8002508 .2500
472,978.83 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8003068 .2500
392,808.50 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8003076 .2500
345,947.61 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8003084 .2500
354,348.31 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
8003584 .2500
326,066.01 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8003602 .2500
399,458.88 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8003604 .2500
484,419.97 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
8003610 .2500
641,530.82 .0800
6.1250 .0000
5.8750 .0000
5.7950 .0000
5.7950 .0000
8003614 .2500
308,698.38 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.9200 .0000
8003624 .2500
395,368.54 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8003626 .2500
474,702.12 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8003628 .2500
436,759.00 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
1
8003634 .2500
416,901.00 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8003636 .2500
518,597.24 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
8003644 .2500
462,477.32 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
8003646 .2500
566,522.11 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8003650 .2500
464,686.59 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8003652 .2500
372,172.37 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
8008588 .2500
421,042.17 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
8009232 .2500
393,862.18 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
1
8016288 .2500
424,594.93 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8020540 .2500
629,147.45 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
8022776 .2500
611,882.62 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
8024796 .2500
146,326.78 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8025824 .2500
394,394.58 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8026402 .2500
204,769.66 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
8026566 .2500
395,585.19 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8026572 .2500
117,580.75 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
8030252 .5000
390,994.78 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030262 .2500
349,524.04 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
8030266 .2500
356,354.86 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
8030278 .5000
440,286.33 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030280 .2500
346,770.87 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030284 .2500
275,502.98 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030286 .3750
407,957.28 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030290 .3750
353,540.34 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
8030300 .5000
642,251.22 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030304 .5000
419,320.20 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030306 .3750
642,063.54 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030314 .2500
432,585.27 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
8030318 .3750
390,534.50 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030322 .2500
321,825.45 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
8030326 .2500
359,448.31 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030330 .5000
684,721.96 .0800
7.1250 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
8030334 .5000
400,171.88 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030336 .3750
308,585.34 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030338 .3750
538,838.80 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030342 .5000
557,276.42 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8030352 .5000
405,258.98 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8041400 .3750
503,772.91 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8041402 .2500
522,434.48 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8041404 .3750
370,421.34 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
8041410 .5000
495,607.48 .0800
7.1250 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8041412 .3750
481,053.82 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8041418 .2500
493,747.75 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8041426 .3750
402,230.38 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8041438 .5000
407,947.12 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8041454 .3750
329,235.35 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8041468 .5000
334,738.60 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8041478 .2500
355,226.47 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
1
8041480 .5000
405,969.24 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8042674 .2500
331,955.89 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8042678 .2500
557,692.80 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
8043212 .2500
367,001.94 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8047730 .2500
182,958.14 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8047740 .2500
362,839.19 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
8047742 .2500
227,336.92 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8047774 .2500
311,478.63 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
8049136 .2500
151,381.93 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
8049150 .2500
292,886.95 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
8049160 .2500
324,291.91 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8049172 .2500
365,347.30 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
8050192 .2500
691,895.07 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8052618 .2500
454,798.36 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8070462 .2500
361,862.37 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8070468 .2500
223,905.81 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
1
8073634 .2500
370,079.90 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8073640 .2500
312,529.14 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8073642 .2500
395,455.62 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
8073650 .2500
444,304.78 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
8073652 .2500
331,591.71 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8085742 .2500
417,067.08 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
8091106 .2500
542,988.25 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8093822 .5000
404,980.24 .0800
7.1250 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
1
8093828 .3750
345,548.84 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8093844 .5000
642,825.87 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8093854 .2500
419,090.71 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8093872 .5000
361,161.16 .0800
7.2500 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8093882 .3750
541,739.86 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8093892 .3750
468,516.05 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8093906 .3750
427,511.71 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8111934 .2500
562,026.28 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.5000 .4200
1
8121366 .2500
349,802.53 .0800
6.6250 .0000
6.3750 .0000
6.2950 .0000
6.2950 .0000
8125256 .2500
394,622.55 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
8138822 .2500
331,584.44 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
8143982 .2500
335,752.95 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8171422 .2500
202,083.09 .0800
7.0000 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8171478 .2500
431,446.03 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8173930 .2500
338,328.65 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
8174242 .2500
381,047.97 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.5000 .5450
1
8174340 .2500
327,819.15 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
8174412 .2500
364,180.62 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.5000 .6700
8174512 .2500
329,906.60 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
8177404 .2500
573,750.81 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.5000 .2950
8236660 .2500
394,959.14 .0800
6.8750 .0000
6.6250 .0000
6.5450 .0000
6.5000 .0450
8236930 .2500
542,379.90 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8246846 .2500
330,780.05 .0800
6.5000 .0000
6.2500 .0000
6.1700 .0000
6.1700 .0000
8246876 .2500
405,252.74 .0800
6.7500 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
1
8246884 .2500
394,908.86 .0800
6.2500 .0000
6.0000 .0000
5.9200 .0000
5.9200 .0000
8260716 .3750
392,627.35 .0800
6.8750 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
8260722 .5000
440,822.58 .0800
7.2500 .0000
6.7500 .0000
6.6700 .0000
6.5000 .1700
8260736 .5000
593,352.87 .0800
7.0000 .0000
6.5000 .0000
6.4200 .0000
6.4200 .0000
TOTAL NUMBER OF LOANS: 666
TOTAL BALANCE........: 272,114,376.47
RUN ON : 04/24/03 RFC DISCLOSURE SYSTEM RFFSDFIX-01
AT : 08.31.37 INITIAL SECURITY FEES AMORTIZED BALANCE
SERIES : RFMSI 2003-S9 FIXED SUMMARY REPORT CUTOFF : 04/01/03
POOL : 0004679
:
:
POOL STATUS: F
WEIGHTED AVERAGES FROM TO
-----------------------------------------------------------------------------
CURR NOTE RATE 6.9596 6.0000 8.2500
RFC NET RATE 6.6780 5.7500 8.0000
NET MTG RATE(INVSTR RATE) 6.5980 5.6700 7.9200
POST STRIP RATE 6.4390 5.6700 6.5000
SUB SERV FEE .2816 .2500 .8750
MSTR SERV FEE .0800 .0800 .0800
ALL EXP .0000 .0000 .0000
MISC EXP .0000 .0000 .0000
SPREAD .0000 .0000 .0000
STRIP .1589 .0000 1.4200
TOTAL NUMBER OF LOANS: 666
TOTAL BALANCE........: 272,114,376.47
***************************
* END OF REPORT *
***************************
RUN ON : 04/24/03 RFC DISCLOSURE SYSTEM RFFSD177-01
AT : 08.31.37 FIXED RATE LOAN LISTING AMORTIZED BALANCE
SERIES : RFMSI 2003-S9 CUTOFF : 04/01/03
POOL : 0004679
:
:
POOL STATUS: F
RFC LOAN # S/S CODE PMT TYPE ORIGINAL BAL LOAN FEATURE
ORIG TERM PRINCIPAL BAL # OF UNITS
ORIG RATE ORIGINAL P+I LTV
CURR NET CURRENT P+I
CITY STATE ZIP LOAN PURP NOTE DATE MI CO CODE
SERVICER LOAN # PROP TYPE 1ST PMT DATE MI CVG
SELLER LOAN # OCCP CODE MATURITY DATE
INVESTOR LOAN #
______________________________________________________________________________
4397406 225/G01 F 300,000.00 ZZ
360 293,851.60 1
7.375 2,072.03 58
7.125 2,072.03
GREENVILLE SC 29615 1 02/15/01 00
0432631497 03 04/01/01 0
6523306 O 03/01/31
0
5039437 994/X14 F 314,000.00 ZZ
360 308,870.14 1
7.250 2,142.04 80
7.000 2,142.04
FLUSHING NY 11358 1 08/29/01 00
8022072725 05 10/01/01 0
1000269129 O 09/01/31
0
5237834 E22/G01 F 363,000.00 ZZ
360 356,999.36 1
7.250 2,476.30 79
7.000 2,476.30
NEW FAIRFIELD CT 06812 2 07/26/01 00
0412748501 05 09/01/01 0
0412748501 O 08/01/31
0
5241436 253/253 F 350,000.00 ZZ
360 346,023.64 1
7.250 2,387.62 54
7.000 2,387.62
SANTA FE NM 87545 4 01/18/02 00
972961 05 03/01/02 0
1
972961 O 02/01/32
0
5338517 G75/G75 F 285,950.00 ZZ
360 280,971.26 1
7.250 1,950.69 80
7.000 1,950.69
FRANKLIN TN 37064 2 06/25/01 00
0004361072 05 08/01/01 0
04361072 O 07/01/31
0
5407402 E22/G01 F 576,000.00 ZZ
360 550,443.14 1
7.250 3,929.34 80
7.000 3,929.34
GREENWICH CT 06876 1 08/22/01 00
0412838203 05 10/01/01 0
0412838203 O 09/01/31
0
5581822 405/405 F 400,000.00 ZZ
360 393,846.52 1
7.625 2,831.18 72
6.875 2,831.18
AUSTIN TX 78730 2 07/18/01 00
0012351755 03 09/01/01 0
0012351755 O 08/01/31
0
5581825 405/405 F 512,000.00 ZZ
360 499,560.39 1
7.250 3,492.74 80
6.750 3,492.74
MESA AZ 85207 2 07/25/01 00
0012361457 03 09/01/01 0
0012361457 O 08/01/31
0
5581835 405/405 F 337,500.00 ZZ
360 329,741.08 1
7.250 2,302.35 75
6.750 2,302.35
CORAL GABLES FL 33134 5 08/14/01 00
0017540550 05 10/01/01 0
0017540550 O 09/01/31
0
1
5581845 405/405 F 410,000.00 ZZ
360 403,732.60 1
7.375 2,831.77 72
6.750 2,831.77
KATONAH NY 10536 1 08/24/01 00
0017610155 05 10/01/01 0
0017610155 O 09/01/31
0
5609085 025/025 F 303,000.00 ZZ
360 297,991.31 1
7.250 2,066.99 64
7.000 2,066.99
ELGIN SC 29045 2 07/30/01 00
0139437123 05 09/01/01 0
0139437123 O 08/01/31
0
5704592 E22/G01 F 594,000.00 ZZ
360 584,566.29 1
6.875 3,902.16 18
6.625 3,902.16
SEATTLE WA 98112 2 09/21/01 00
0413032962 05 11/01/01 0
0413032962 O 10/01/31
0
5846942 B57/G01 F 365,000.00 ZZ
360 359,755.20 1
6.875 2,397.79 72
6.625 2,397.79
SOUTH PASADENA CA 91030 5 11/07/01 00
0433695863 05 01/01/02 0
2114825 O 12/01/31
0
6004270 D11/G01 F 350,910.00 ZZ
360 346,195.16 1
6.750 2,276.00 69
6.500 2,276.00
SAN DIEGO CA 92130 2 12/07/01 00
0433710217 03 02/01/02 0
1082007265 O 01/01/32
0
6075444 405/405 F 400,000.00 ZZ
360 390,042.51 1
7.250 2,728.71 80
6.750 2,728.71
1
HUNTINGTON NY 11743 5 09/04/01 00
0017675497 05 10/01/01 0
0017675497 O 09/01/31
0
6119586 E45/G01 F 360,000.00 ZZ
360 352,756.09 1
6.875 2,364.94 90
6.625 2,364.94
FRANKLIN GA 30217 2 11/05/01 11
0433662541 05 01/01/02 25
176295 O 12/01/31
0
6236916 E22/G01 F 750,000.00 ZZ
360 737,556.07 1
6.875 4,926.97 54
6.625 4,926.97
MEDINA WA 98039 5 10/15/01 00
0413075961 05 12/01/01 0
0413075961 O 11/01/31
0
6237174 E22/G01 F 599,500.00 ZZ
360 590,533.98 1
6.875 3,938.29 72
6.625 3,938.29
BELLVUE CO 80512 2 10/24/01 00
0413196437 03 12/01/01 0
0413196437 O 11/01/31
0
6237194 E22/G01 F 595,000.00 ZZ
360 580,503.53 1
6.750 3,859.16 70
6.500 3,859.16
PROVO UT 84604 2 10/24/01 00
0413205329 05 12/01/01 0
0413205329 O 11/01/31
0
6278460 F25/G01 F 441,000.00 ZZ
360 435,770.95 1
6.625 2,823.77 70
6.375 2,823.77
CHAPPAQUA NY 10514 5 02/01/02 00
0433661725 05 04/01/02 0
1 O 03/01/32
0
1
6290932 E22/G01 F 375,400.00 ZZ
360 369,651.00 1
6.750 2,434.84 80
6.500 2,434.84
CHESHIRE CT 06410 1 11/02/01 00
0413205311 05 12/01/01 0
0413205311 O 11/01/31
0
6305220 F25/G01 F 306,100.00 ZZ
360 301,905.01 1
7.000 2,036.49 52
6.750 2,036.49
ARDSLEY NY 10502 2 11/09/01 00
0433407541 05 01/01/02 0
1 O 12/01/31
0
6319808 E22/G01 F 490,000.00 ZZ
360 482,326.04 1
6.750 3,178.13 77
6.500 3,178.13
FLOWER MOUND TX 75022 4 11/01/01 00
0413216086 03 12/01/01 0
0413216086 O 11/01/31
0
6361830 L46/L46 F 402,000.00 ZZ
360 393,837.42 1
6.750 2,607.36 66
6.500 2,607.36
LEWISVILLE TX 75056 2 12/13/01 00
0000951848 05 02/01/02 0
0000951848 O 01/01/32
0
6370820 A35/G01 F 507,000.00 ZZ
360 499,595.64 1
7.000 3,373.08 29
6.750 3,373.08
HUNTINGTON NY 11743 2 10/18/01 00
0433377934 05 12/01/01 0
HV11999 O 11/01/31
0
6419840 X17/G01 F 330,000.00 ZZ
360 325,180.52 1
1
7.000 2,195.50 56
6.750 2,195.50
NORWOOD NJ 07648 1 10/30/01 00
0433386075 05 12/01/01 0
010461 O 11/01/31
0
6427866 731/G01 F 377,000.00 ZZ
360 371,563.00 1
6.375 2,351.99 58
6.125 2,351.99
CARLSBAD CA 92009 5 12/07/01 00
0433679990 03 02/01/02 0
200118 O 01/01/32
0
6433152 E22/G01 F 500,000.00 ZZ
360 492,697.85 1
7.000 3,326.51 57
6.750 3,326.51
BOULDER CO 80302 5 11/02/01 00
0413147786 05 12/01/01 0
0413147786 O 11/01/31
0
6436742 313/G01 F 353,500.00 ZZ
360 348,419.27 1
6.750 2,292.80 70
6.500 2,292.80
SAN LUIS OBISPO CA 93401 1 11/29/01 00
0433648896 03 01/01/02 0
8496291 O 12/01/31
0
6460816 E22/G01 F 230,500.00 ZZ
360 226,659.98 1
6.875 1,514.22 95
6.625 1,514.22
THORNTON CO 80229 2 11/05/01 01
0413154204 03 01/01/02 30
0413154204 O 12/01/31
0
6468264 313/G01 F 389,800.00 ZZ
360 384,197.55 1
6.750 2,528.24 66
6.500 2,528.24
DALLAS TX 75214 2 11/20/01 00
0433648979 05 01/01/02 0
1
0008492415 O 12/01/31
0
6481950 964/G01 F 147,000.00 ZZ
360 144,887.25 1
6.750 953.44 80
6.500 953.44
MONROVIA CA 91016 2 11/25/01 00
0433718491 05 01/01/02 0
168520 O 12/01/31
0
6496960 757/G01 F 330,520.00 ZZ
360 326,285.88 1
7.000 2,198.96 80
6.750 2,198.96
CUMBERLAND RI 02864 2 12/21/01 00
0433630878 05 02/01/02 0
2TOMASMICH O 01/01/32
0
6500830 405/405 F 430,000.00 ZZ
360 423,568.88 1
6.875 2,824.80 71
6.500 2,824.80
SANTA MONICA CA 90403 2 10/17/01 00
0017825878 04 12/01/01 0
17825878 O 11/01/31
0
6508204 405/405 F 565,000.00 ZZ
360 552,372.64 1
7.500 3,950.56 79
7.000 3,950.56
PHOENIX AZ 85044 2 09/24/01 00
0012464178 05 11/01/01 0
12464178 O 10/01/31
0
6508224 405/405 F 372,000.00 ZZ
360 363,146.24 1
7.375 2,569.32 80
6.625 2,569.32
LITTLETON CO 80130 2 10/16/01 00
0017775362 03 12/01/01 0
17775362 O 11/01/31
0
1
6517380 994/X14 F 400,000.00 ZZ
360 387,601.59 1
7.250 2,728.71 68
7.000 2,728.71
FAIRFIELD NJ 07004 1 09/25/01 00
8022322781 05 11/01/01 0
1999992679 O 10/01/31
0
6561334 313/G01 F 319,920.00 ZZ
360 314,995.93 1
6.500 2,022.11 80
6.250 2,022.11
SNELLVILLE GA 30078 1 11/30/01 00
0433649266 05 01/01/02 0
8494338 O 12/01/31
0
6566752 550/550 F 830,000.00 ZZ
360 818,295.08 1
6.850 5,438.66 62
6.600 5,438.66
LOS ANGELES CA 90049 2 11/01/01 00
120550178000000 05 01/01/02 0
12055017 O 12/01/31
0
6586964 E22/G01 F 399,999.00 ZZ
360 394,517.16 1
7.000 2,661.20 75
6.750 2,661.20
MERCER ISLAND WA 98040 5 11/06/01 00
0413215997 05 01/01/02 0
0413215997 O 12/01/31
0
6587340 U80/U80 F 356,600.00 ZZ
360 351,594.99 1
6.875 2,342.61 60
6.625 2,342.61
CHARLESTON SC 29401 5 11/26/01 00
0010004148 05 01/01/02 0
10004148 O 12/01/31
0
6634870 313/G01 F 309,800.00 ZZ
360 305,531.34 1
6.875 2,035.17 66
6.625 2,035.17
1
FRANKLIN MA 02038 2 12/17/01 00
0433651536 05 02/01/02 0
8486698 O 01/01/32
0
6640516 E82/G01 F 344,000.00 ZZ
360 337,815.69 1
6.750 2,231.18 70
6.500 2,231.18
NICEVILLE FL 32578 2 11/19/01 00
0400537239 05 01/01/02 0
1978400 O 12/01/31
0
6643354 758/G01 F 400,000.00 ZZ
360 394,647.75 1
7.125 2,694.87 51
6.875 2,694.87
HOUSTON TX 77082 1 11/27/01 00
0433525466 05 01/01/02 0
101396 O 12/01/31
0
6651898 E76/G01 F 318,835.00 ZZ
360 313,043.34 1
7.250 2,175.02 80
7.000 2,175.02
IRVING TX 75062 1 12/07/01 00
0433522125 03 02/01/02 0
10008891 O 01/01/32
0
6657076 B57/G01 F 336,000.00 ZZ
360 332,089.68 1
7.125 2,263.69 80
6.875 2,263.69
LOS ANGELES CA 91364 2 01/23/02 00
0433667151 05 03/01/02 0
2119155 O 02/01/32
0
6661150 E22/G01 F 455,000.00 ZZ
360 448,180.22 1
6.750 2,951.12 53
6.500 2,951.12
DENVER CO 80220 2 11/16/01 00
0413219452 05 01/01/02 0
0413219452 O 12/01/31
0
1
6665460 R84/G01 F 346,300.00 ZZ
360 341,439.52 1
6.875 2,274.95 55
6.625 2,274.95
HOUSTON TX 77005 2 11/29/01 00
0433457520 05 01/01/02 0
0513856 O 12/01/31
0
6666526 313/G01 F 306,400.00 ZZ
360 301,471.26 1
6.750 1,987.31 80
6.500 1,987.31
VIRGINIA BEACH VA 23452 2 12/05/01 00
0433650496 05 02/01/02 0
8390163 O 01/01/32
0
6689384 313/G01 F 375,000.00 ZZ
360 370,601.28 1
7.250 2,558.17 72
7.000 2,558.17
VENTURA CA 93001 1 01/02/02 00
0433670080 05 03/01/02 0
0008505182 O 02/01/32
0
6700600 994/X14 F 315,200.00 ZZ
360 310,811.66 1
7.250 2,150.22 80
7.000 2,150.22
RUTHERFORD NJ 07070 1 10/24/01 00
8011690842 05 12/01/01 0
81006267 O 11/01/31
0
6707164 E22/G01 F 419,500.00 ZZ
360 413,470.77 1
6.750 2,720.87 80
6.500 2,720.87
NETHER PROVIDEN PA 19063 2 11/21/01 00
0412961005 05 01/01/02 0
0412961005 O 12/01/31
0
6708386 994/X14 F 312,000.00 ZZ
360 307,656.23 1
1
7.250 2,128.39 76
7.000 2,128.39
LEONIA NJ 07605 2 10/24/01 00
8022107232 05 12/01/01 0
1000279381 O 11/01/31
0
6731248 E82/G01 F 273,500.00 ZZ
360 269,661.37 1
6.875 1,796.70 47
6.625 1,796.70
POTOMAC MD 20854 2 11/16/01 00
0400519831 05 01/01/02 0
1588857 O 12/01/31
0
6732558 E22/G01 F 643,900.00 ZZ
360 634,645.66 1
6.750 4,176.32 65
6.500 4,176.32
MERRITT ISLAND FL 32952 2 11/09/01 00
0413149923 05 01/01/02 0
0413149923 O 12/01/31
0
6732668 E22/G01 F 397,100.00 ZZ
360 391,392.80 1
6.750 2,575.58 75
6.500 2,575.58
GOLDEN CO 80401 1 11/27/01 00
0413283433 03 01/01/02 0
0413283433 O 12/01/31
0
6741976 994/X14 F 333,000.00 ZZ
360 328,019.80 1
6.875 2,187.57 50
6.625 2,187.57
ATLANTA GA 30327 2 10/18/01 00
8020678697 05 12/01/01 0
403668157 O 11/01/31
0
6743668 L46/L46 F 480,050.00 ZZ
360 473,600.06 1
6.750 3,113.60 46
6.500 3,113.60
DALLAS TX 75229 2 12/11/01 00
0000950709 05 02/01/02 0
1
0000950709 O 01/01/32
0
6749048 116/116 F 750,000.00 ZZ
360 738,782.79 1
6.875 4,926.97 60
6.625 4,926.97
MONTGOMERY TX 77356 2 10/31/01 00
091068869 03 12/01/01 0
091068869 O 11/01/31
0
6759406 964/G01 F 289,000.00 ZZ
360 285,117.04 1
6.750 1,874.45 71
6.500 1,874.45
CANYON LAKE CA 92587 2 12/13/01 00
0433653318 03 02/01/02 0
168686 O 01/01/32
0
6762590 696/G01 F 465,100.00 ZZ
360 458,415.40 1
6.750 3,016.63 80
6.500 3,016.63
HAYMARKET VA 20169 1 11/29/01 00
0433692316 03 01/01/02 0
24501135 O 12/01/31
0
6770100 E22/G01 F 610,000.00 ZZ
360 597,809.73 1
6.625 3,905.90 46
6.375 3,905.90
MONTVILLE NJ 07005 2 11/26/01 00
0413129743 05 01/01/02 0
0413129743 O 12/01/31
0
6793812 E82/G01 F 313,000.00 ZZ
360 308,606.91 1
6.875 2,056.19 62
6.625 2,056.19
CORONA CA 91720 2 11/27/01 00
0400531398 05 01/01/02 0
0400531398 O 12/01/31
0
1
6812440 U05/G01 F 847,500.00 ZZ
360 836,078.99 1
6.875 5,567.47 78
6.625 5,567.47
HIGHLAND PARK TX 75205 2 12/10/01 00
0433501939 05 02/01/02 0
3186769 O 01/01/32
0
6814290 H93/G01 F 325,000.00 ZZ
360 320,690.57 1
7.250 2,217.07 77
7.000 2,217.07
ENID OK 73703 2 12/21/01 00
0433604279 05 02/01/02 0
2001001864 O 01/01/32
0
6816190 Q97/G01 F 397,000.00 ZZ
360 391,646.62 1
6.750 2,574.93 77
6.500 2,574.93
ROSWELL GA 30075 2 01/22/02 00
0433700614 05 03/01/02 0
16100452 O 02/01/32
0
6817354 K89/G01 F 478,000.00 ZZ
360 413,579.84 1
7.375 3,301.43 71
7.125 3,301.43
MIAMI FL 33184 2 12/17/01 00
0433646031 05 02/01/02 0
200111163 O 01/01/32
0
6819844 116/116 F 650,000.00 ZZ
360 642,063.76 1
7.250 4,434.15 78
7.000 4,434.15
HOUSTON TX 77005 1 12/14/01 00
091021091 05 02/01/02 0
091021091 O 01/01/32
0
6826308 313/G01 F 643,000.00 ZZ
360 633,726.63 1
6.375 4,011.49 54
6.125 4,011.49
1
MCLEAN VA 22102 5 12/12/01 00
0433647484 05 02/01/02 0
0008501033 O 01/01/32
0
6828138 L46/L46 F 373,200.00 ZZ
360 368,063.31 1
6.750 2,420.57 65
6.500 2,420.57
ALLEN TX 75013 2 12/13/01 00
0000952820 03 02/01/02 0
0000952820 O 01/01/32
0
6831156 964/G01 F 412,000.00 ZZ
360 401,716.24 1
6.875 2,706.55 60
6.625 2,706.55
PETALUMA CA 94952 2 02/08/02 00
0433734530 05 04/01/02 0
173835 O 03/01/32
0
6836408 E22/G01 F 400,000.00 ZZ
360 394,654.26 1
7.000 2,661.21 70
6.750 2,661.21
EL PASO TX 79932 5 12/05/01 00
0413279530 05 02/01/02 0
0413279530 O 01/01/32
0
6836882 E82/G01 F 333,500.00 ZZ
360 328,101.41 1
6.625 2,135.44 79
6.375 2,135.44
MILPITAS CA 95035 2 12/03/01 00
0400542031 05 01/01/02 0
0400542031 O 12/01/31
0
6848342 994/X14 F 383,000.00 ZZ
360 377,751.04 1
7.000 2,548.11 73
6.750 2,548.11
SEDONA AZ 86336 2 11/01/01 00
8021206001 05 01/01/02 0
0404346339 O 12/01/31
0
1
6848400 994/X14 F 320,000.00 ZZ
360 315,544.92 1
7.250 2,182.96 80
7.000 2,182.96
ELMHURST IL 60126 2 10/24/01 00
8016347430 05 12/01/01 0
3918884041 O 11/01/31
0
6860284 L60/F27 F 320,000.00 ZZ
359 315,235.94 1
7.250 2,184.67 80
7.000 2,184.67
LEXINGTON SC 29072 1 09/28/01 00
6610415383 05 11/01/01 0
6610415383 O 09/01/31
0
6860296 L60/F27 F 328,000.00 ZZ
360 319,956.28 1
7.125 2,209.80 78
6.875 2,209.80
MANASSAS VA 20112 2 10/12/01 00
6920172049 05 12/01/01 0
6920172049 O 11/01/31
0
6860298 L60/F27 F 328,700.00 ZZ
348 323,732.58 1
7.250 2,264.23 74
7.000 2,264.23
MORGANTON NC 28655 2 10/08/01 00
6610852171 03 12/01/01 0
6610852171 O 11/01/30
0
6862022 964/G01 F 375,000.00 ZZ
360 368,973.05 1
6.875 2,463.48 61
6.625 2,463.48
BELMONT CA 94002 5 01/28/02 00
0433758216 05 03/01/02 0
400176148 O 02/01/32
0
6870226 E84/G01 F 374,000.00 ZZ
360 369,208.99 1
1
7.000 2,488.23 75
6.750 2,488.23
VACAVILLE CA 95688 5 12/20/01 00
0433714029 05 02/01/02 0
69410107 O 01/01/32
0
6872702 550/550 F 399,960.00 ZZ
360 394,046.26 1
6.600 2,554.38 80
6.350 2,554.38
ROSEVILLE CA 95747 1 11/26/01 00
1205517470 05 01/01/02 0
120551747 O 12/01/31
0
6947134 E22/G01 F 340,000.00 ZZ
360 335,431.88 1
6.750 2,205.23 71
6.500 2,205.23
BOCA RATON FL 33433 5 12/07/01 00
0413322363 03 02/01/02 0
0413322363 O 01/01/32
0
6947248 E22/G01 F 624,000.00 ZZ
360 615,616.07 1
6.750 4,047.25 80
6.500 4,047.25
ARLINGTON TX 76016 1 12/03/01 00
0413371782 03 02/01/02 0
0413371782 O 01/01/32
0
6949590 313/G01 F 370,350.00 ZZ
360 364,712.68 1
7.250 2,526.44 58
7.000 2,526.44
BELMONT MA 02478 2 11/02/01 00
0433484136 05 12/01/01 0
8375438 O 11/01/31
0
6954974 964/G01 F 700,000.00 ZZ
360 691,655.18 1
7.000 4,657.12 50
6.750 4,657.12
SAN ANSELMO CA 94960 2 01/30/02 00
0433706504 05 03/01/02 0
1
177886 O 02/01/32
0
6959284 163/G01 F 357,000.00 ZZ
360 352,316.11 1
6.875 2,345.24 55
6.625 2,345.24
SUMMIT NJ 07901 2 12/20/01 00
0433575917 05 02/01/02 0
1000368434 O 01/01/32
0
6965324 575/G01 F 167,800.00 ZZ
360 165,650.38 1
7.000 1,116.38 73
6.750 1,116.38
WILLIAMSBURG VA 23188 2 12/21/01 00
0433681905 05 02/01/02 0
0012101432 O 01/01/32
0
6990480 E22/G01 F 443,200.00 ZZ
360 437,245.18 1
6.750 2,874.59 80
6.500 2,874.59
TAMPA FL 33629 1 12/14/01 00
0413310269 05 02/01/02 0
0413310269 O 01/01/32
0
6990632 E22/G01 F 428,000.00 ZZ
360 422,384.55 1
6.875 2,811.66 80
6.625 2,811.66
SAMMAMISH WA 98075 1 12/07/01 00
0413365578 05 02/01/02 0
0413365578 O 01/01/32
0
7000296 313/G01 F 399,000.00 ZZ
360 393,639.06 1
6.750 2,587.91 60
6.500 2,587.91
PALATINE IL 60067 5 12/21/01 00
0433648714 05 02/01/02 0
8461188 O 01/01/32
0
1
7002094 L46/L46 F 392,600.00 ZZ
360 387,570.61 1
7.000 2,611.98 80
6.750 2,611.98
FRISCO TX 75034 2 12/26/01 00
0000954628 05 02/01/02 0
0000954628 O 01/01/32
0
7012942 A35/G01 F 355,000.00 ZZ
360 350,768.07 1
7.000 2,361.82 90
6.750 2,361.82
WEST ISLIP NY 11795 1 01/22/02 10
0433708518 05 03/01/02 25
620434635 O 02/01/32
0
7035710 H06/G01 F 481,100.00 ZZ
360 473,656.35 1
6.375 3,001.44 47
6.125 3,001.44
ROCHESTER MN 55902 5 12/26/01 00
0433693694 05 02/01/02 0
0300088077 O 01/01/32
0
7035942 994/X14 F 361,000.00 ZZ
360 355,852.03 1
7.125 2,432.13 63
6.875 2,432.13
WOODSBURGH NY 11598 2 10/24/01 00
8022104817 05 12/01/01 0
1000278569 O 11/01/31
0
7035946 994/X14 F 314,100.00 ZZ
360 309,795.43 1
7.000 2,089.71 90
6.750 2,089.71
VILLANOVA PA 19085 1 11/15/01 10
8016388285 05 01/01/02 25
218953341 O 12/01/31
0
7037430 964/G01 F 195,700.00 ZZ
360 192,142.71 4
7.250 1,335.02 84
7.000 1,335.02
1
SPANAWAY WA 98387 2 01/17/02 11
0433655420 05 03/01/02 12
179391 O 02/01/32
0
7054980 550/550 F 660,000.00 ZZ
360 646,346.10 1
6.850 4,324.72 51
6.600 4,324.72
SAN FRANCISCO CA 94118 2 04/06/01 00
120514208000000 01 06/01/01 0
120514208 O 05/01/31
0
7063000 163/G01 F 332,000.00 ZZ
360 326,955.47 1
7.750 2,378.49 80
7.500 2,378.49
MASSAPEQUA NY 11758 1 01/31/02 00
0433705365 05 03/01/02 0
1000347990 O 02/01/32
0
7074446 N74/G01 F 133,000.00 ZZ
360 131,376.01 1
6.875 873.72 61
6.625 873.72
HELOTES TX 78023 2 12/28/01 00
0433598851 05 03/01/02 0
0029684010 O 02/01/32
0
7086360 E22/G01 F 920,500.00 ZZ
360 909,529.45 1
7.375 6,357.66 52
7.125 6,357.66
COLORADO SPRING CO 80906 2 12/17/01 00
0413083999 05 02/01/02 0
0413083999 O 01/01/32
0
7086636 E22/G01 F 522,000.00 ZZ
360 515,626.66 1
7.250 3,560.96 80
7.000 3,560.96
SOUTHLAKE TX 76092 1 12/20/01 00
0413456617 03 02/01/02 0
0413456617 O 01/01/32
0
1
7109132 E82/G01 F 365,200.00 ZZ
360 360,632.48 1
7.125 2,460.42 79
6.875 2,460.42
VIENNA VA 22180 2 12/18/01 00
0400501078 05 02/01/02 0
1706895 O 01/01/32
0
7113096 405/405 F 375,000.00 ZZ
360 369,391.45 1
6.875 2,463.49 59
6.375 2,463.49
LEWISVILLE TX 75056 1 10/22/01 00
0012461745 03 12/01/01 0
0012461745 O 11/01/31
0
7113394 405/405 F 332,000.00 ZZ
360 318,987.05 1
6.875 2,181.01 54
6.375 2,181.01
LAS VEGAS NV 89135 2 11/14/01 00
0019953009 03 01/01/02 0
0019953009 O 12/01/31
0
7114152 F36/G01 F 360,000.00 ZZ
360 356,007.95 1
7.375 2,486.43 60
7.125 2,486.43
LAKEWOOD WA 98498 2 01/02/02 00
0433674744 05 03/01/02 0
06504174 O 02/01/32
0
7120168 E45/G01 F 401,500.00 ZZ
360 396,827.29 1
7.125 2,704.98 66
6.875 2,704.98
HUDSON WI 54016 2 01/02/02 00
0433661642 05 03/01/02 0
177628 O 02/01/32
0
7125734 E22/G01 F 540,000.00 ZZ
360 533,082.46 1
1
7.000 3,592.63 80
6.750 3,592.63
NEWTOWN PA 18940 2 12/20/01 00
0413169228 05 02/01/02 0
0413169228 O 01/01/32
0
7136176 E22/G01 F 32,000.00 ZZ
360 31,135.05 1
8.125 237.60 69
7.875 237.60
WEST VALLEY CIT UT 84119 1 12/20/01 00
0413377920 01 02/01/02 0
0413377920 O 01/01/32
0
7139306 E22/G01 F 800,000.00 ZZ
360 788,993.54 1
6.625 5,122.49 60
6.375 5,122.49
SEATTLE WA 98105 2 12/14/01 00
0412985988 05 02/01/02 0
0412985988 O 01/01/32
0
7139548 E22/G01 F 368,000.00 ZZ
360 363,055.63 1
6.750 2,386.84 80
6.500 2,386.84
BOCA RATON FL 33433 1 12/28/01 00
0413458217 03 02/01/02 0
0413458217 O 01/01/32
0
7139942 E82/G01 F 326,500.00 ZZ
360 322,317.46 1
7.000 2,172.21 53
6.750 2,172.21
GRANBURY TX 76049 2 12/20/01 00
0400536645 05 02/01/02 0
1634426 O 01/01/32
0
7145264 736/G01 F 325,000.00 ZZ
360 320,438.51 1
6.875 2,135.02 46
6.625 2,135.02
REDWOOD CITY CA 94061 2 11/19/01 00
0433528718 05 01/01/02 0
1
0104887583 O 12/01/31
0
7145270 736/G01 F 510,000.00 ZZ
360 503,010.43 1
7.000 3,393.05 51
6.750 3,393.05
SANTA ROSA CA 95404 5 11/28/01 00
0433516317 05 01/01/02 0
0105024079 O 12/01/31
0
7152200 E45/G01 F 580,000.00 ZZ
360 572,918.52 1
7.250 3,956.62 80
7.000 3,956.62
FAIRFAX VA 22030 1 01/04/02 00
0433660487 05 02/01/02 0
199872 O 01/01/32
0
7169836 286/286 F 368,000.00 ZZ
360 362,238.55 1
7.250 2,510.41 65
7.000 2,510.41
NORTH WOODMERE NY 11581 1 08/29/01 00
0557007 05 10/01/01 0
557007 O 09/01/31
0
7169948 286/286 F 289,000.00 ZZ
360 284,943.88 1
6.875 1,898.52 76
6.625 1,898.52
ATLANTA GA 30331 2 11/07/01 00
9682509 03 01/01/02 0
9682509 O 12/01/31
0
7171550 405/405 F 456,850.00 ZZ
360 447,890.18 1
6.875 3,001.18 75
6.250 3,001.18
DULUTH GA 30097 2 12/18/01 00
0017950478 03 02/01/02 0
0017950478 O 01/01/32
0
1
7171582 405/405 F 448,000.00 ZZ
360 442,122.28 1
6.875 2,943.04 80
6.250 2,943.04
JOPLIN MO 64804 1 12/18/01 00
0018021048 05 02/01/02 0
0018021048 O 01/01/32
0
7171634 405/405 F 306,000.00 ZZ
300 299,346.50 1
6.875 2,138.41 77
6.250 2,138.41
ALTADENA CA 91001 2 12/11/01 00
0019987031 05 02/01/02 0
0019987031 O 01/01/27
0
7180106 736/G01 F 102,400.00 ZZ
360 101,062.29 1
7.250 698.55 80
7.000 698.55
LAND O LAKES FL 34639 1 11/28/01 00
0433519451 03 01/01/02 0
104976337 O 12/01/31
0
7180134 736/G01 F 387,000.00 ZZ
360 377,307.05 1
6.250 2,382.83 58
6.000 2,382.83
SAN JOSE CA 95124 5 11/15/01 00
0433577673 05 01/01/02 0
0104886189 O 12/01/31
0
7180148 736/G01 F 400,000.00 ZZ
360 394,385.84 1
6.875 2,627.72 54
6.625 2,627.72
MALIBU CA 90265 2 11/28/01 00
0433531407 03 01/01/02 0
0104933999 O 12/01/31
0
7212956 736/G01 F 320,000.00 T
360 315,508.59 1
6.875 2,102.18 72
6.625 2,102.18
1
DANA POINT CA 92628 1 11/28/01 00
0433577640 01 01/01/02 0
104885520 O 12/01/31
0
7226624 E82/G01 F 920,000.00 ZZ
360 908,767.30 1
7.250 6,276.02 62
7.000 6,276.02
LOS ANGELES CA 90049 5 12/28/01 00
0400541439 05 02/01/02 0
0400541439 O 01/01/32
0
7236096 736/G01 F 252,500.00 ZZ
360 249,201.43 1
7.250 1,722.50 78
7.000 1,722.50
LAS VEGAS NV 89121 2 11/19/01 00
0433519774 05 01/01/02 0
104816376 O 12/01/31
0
7242890 964/G01 F 331,000.00 ZZ
360 326,515.36 1
7.250 2,258.00 80
7.000 2,258.00
SAN FRANCISCO CA 94112 5 02/06/02 00
0433719481 05 04/01/02 0
182031 O 03/01/32
0
7247074 E45/G01 F 650,000.00 ZZ
360 642,792.09 1
7.375 4,489.39 75
7.125 4,489.39
FT LAUDERDALE FL 33308 1 12/11/01 00
0433655446 05 03/01/02 0
202202 O 02/01/32
0
7251950 L46/L46 F 361,850.00 ZZ
360 357,325.12 1
6.750 2,346.96 77
6.500 2,346.96
PLANO TX 75093 2 01/21/02 00
0000952960 05 03/01/02 0
0000952960 O 02/01/32
0
1
7257836 168/168 F 348,000.00 ZZ
360 342,193.93 1
7.250 2,373.97 80
7.000 2,373.97
MARLBORO NJ 07746 1 11/28/01 00
0637771 05 01/01/02 0
0069377715 O 12/01/31
0
7266582 E82/G01 F 288,400.00 ZZ
360 280,818.87 1
6.875 1,894.58 58
6.625 1,894.58
INCLINE VILLAGE NV 89451 2 01/04/02 00
0400534038 05 03/01/02 0
1639633 O 02/01/32
0
7267104 J54/G01 F 342,000.00 ZZ
360 281,046.13 1
6.375 2,133.64 64
6.125 2,133.64
HAYMARKET VA 20169 2 12/04/01 00
0433633120 05 02/01/02 0
892459 O 01/01/32
0
7272296 E85/G01 F 560,000.00 ZZ
360 552,829.20 1
6.625 3,585.74 41
6.375 3,585.74
SAN RAFAEL CA 94901 2 01/16/02 00
0433696473 05 03/01/02 0
9612142 O 02/01/32
0
7276252 994/X14 F 500,000.00 ZZ
360 492,982.45 1
6.875 3,284.64 27
6.625 3,284.64
MANHASSET NY 11030 1 11/07/01 00
8016252101 05 01/01/02 0
218714768 O 12/01/31
0
7276358 994/X14 F 406,700.00 ZZ
360 401,386.91 1
1
7.250 2,774.42 54
7.000 2,774.42
ARMONK NY 10504 2 11/26/01 00
8022080389 05 01/01/02 0
1000272096 O 12/01/31
0
7276364 994/X14 F 372,000.00 ZZ
360 366,778.82 1
6.875 2,443.78 83
6.625 2,443.78
CLOVIS CA 93611 2 11/21/01 11
8016335419 05 01/01/02 12
218860983 O 12/01/31
0
7291464 R65/G01 F 410,000.00 ZZ
360 404,907.88 1
6.875 2,693.41 55
6.625 2,693.41
MEDFIELD MA 02052 5 01/17/02 00
0433656444 05 03/01/02 0
011073 O 02/01/32
0
7296850 D03/D03 F 340,000.00 ZZ
360 336,043.09 1
7.125 2,290.64 80
6.875 2,290.64
SAN JOSE CA 95112 1 01/24/02 00
1020001535 05 03/01/02 0
1020001535 O 02/01/32
0
7309388 830/G01 F 313,500.00 ZZ
360 310,023.54 1
7.375 2,165.27 70
7.125 2,165.27
LAS VEGAS NV 89118 2 01/16/02 00
0433672573 05 03/01/02 0
1934739 O 02/01/32
0
7316912 E23/G01 F 375,000.00 ZZ
360 370,635.76 1
7.125 2,526.44 70
6.875 2,526.44
RANCHO SANTA MA CA 92688 2 01/15/02 00
0433615002 03 03/01/02 0
1
51011016 O 02/01/32
0
7318426 994/X14 F 290,000.00 ZZ
360 286,626.55 1
7.500 2,027.72 90
7.250 2,027.72
BRONX NY 10470 2 12/03/01 10
8021353571 05 02/01/02 25
404567260 O 01/01/32
0
7318482 994/X14 F 400,000.00 ZZ
360 394,572.84 1
7.125 2,694.87 77
6.875 2,694.87
BURLINGTON VT 05401 2 11/30/01 00
8016426564 05 01/01/02 0
219022419 O 12/01/31
0
7326604 944/G01 F 358,000.00 ZZ
360 351,934.07 1
7.125 2,411.92 74
6.875 2,411.92
SCOTTSDALE AZ 85254 2 01/30/02 00
0433675162 02 03/01/02 0
W01104951 O 02/01/32
0
7345650 M24/G01 F 490,000.00 ZZ
360 484,017.17 1
6.875 3,218.95 77
6.625 3,218.95
CORONA DEL MAR CA 92625 2 01/15/02 00
0433675105 01 03/01/02 0
2010786238 O 02/01/32
0
7347418 A46/G01 F 343,200.00 ZZ
360 339,009.59 1
6.875 2,254.58 80
6.625 2,254.58
HOUSTON TX 77042 1 01/24/02 00
0433657384 05 03/01/02 0
0131236 O 02/01/32
0
1
7349062 700/G01 F 237,600.00 ZZ
360 235,028.53 1
7.500 1,661.33 80
7.250 1,661.33
VENTURA CA 93001 2 01/30/02 00
0433669264 05 03/01/02 0
0000173309 O 02/01/32
0
7355442 E22/G01 F 620,000.00 ZZ
360 495,801.68 1
7.125 4,177.05 45
6.875 4,177.05
LIGHTHOUSE POIN FL 33064 1 01/11/02 00
0413514894 05 03/01/02 0
0413514894 O 02/01/32
0
7359580 R65/G01 F 321,000.00 ZZ
360 315,712.92 1
6.875 2,108.74 80
6.625 2,108.74
KENSINGTON MD 20895 2 01/23/02 00
0433676038 05 03/01/02 0
1 O 02/01/32
0
7365220 665/G01 F 462,000.00 ZZ
360 456,751.37 1
7.250 3,151.65 52
7.000 3,151.65
SANTA ROSA CA 95404 2 01/17/02 00
0433671989 05 03/01/02 0
89200077 O 02/01/32
0
7377984 E82/G01 F 420,600.00 ZZ
360 415,935.93 1
7.375 2,904.98 87
7.125 2,904.98
CLAYTON CA 94517 2 01/08/02 25
0400557591 05 03/01/02 25
3827577 O 02/01/32
0
7378678 076/076 F 424,000.00 ZZ
360 417,953.71 1
7.125 2,856.57 80
6.875 2,856.57
1
ORMOND BEACH FL 32174 1 10/18/01 00
12002547 05 12/01/01 0
2002547 O 11/01/31
0
7378942 286/286 F 301,500.00 ZZ
360 297,268.21 1
6.875 1,980.65 78
6.625 1,980.65
TUCSON AZ 85749 2 11/15/01 00
0690550 03 01/01/02 0
690550 O 12/01/31
0
7378982 286/286 F 288,000.00 ZZ
360 284,237.70 1
7.250 1,964.67 68
7.000 1,964.67
PATTERSON NY 12563 2 11/14/01 00
0666357 05 01/01/02 0
666357 O 12/01/31
0
7379000 286/286 F 308,000.00 ZZ
360 301,749.48 1
6.875 2,023.35 66
6.625 2,023.35
NEWARK DE 19711 2 11/15/01 00
0693279 05 01/01/02 0
693279 O 12/01/31
0
7379102 286/286 F 324,000.00 ZZ
360 319,452.58 1
6.875 2,128.45 58
6.625 2,128.45
PLYMOUTH MI 48170 2 11/13/01 00
0649581 01 01/01/02 0
649581 O 12/01/31
0
7381124 313/G01 F 502,000.00 ZZ
360 496,951.55 1
7.875 3,639.85 77
7.625 3,639.85
CALABASAS CA 91302 2 01/11/02 00
0433648441 01 03/01/02 0
8443897 O 02/01/32
0
1
7384416 964/G01 F 494,000.00 ZZ
360 488,110.89 1
7.000 3,286.60 78
6.750 3,286.60
NOVATO CA 94949 2 01/30/02 00
0433690195 05 03/01/02 0
400184098 O 02/01/32
0
7392940 E87/G01 F 350,000.00 ZZ
360 345,049.36 1
7.125 2,358.01 47
6.875 2,358.01
SANTA BARBARA CA 93105 5 01/18/02 00
0433658796 05 03/01/02 0
700003982 O 02/01/32
0
7395126 H58/G01 F 367,000.00 ZZ
360 362,851.05 1
6.875 2,410.93 57
6.625 2,410.93
REDWOOD CITY CA 94061 5 02/06/02 00
0433737640 05 04/01/02 0
0000084353 O 03/01/32
0
7400964 822/G01 F 650,000.00 ZZ
360 641,689.87 1
6.875 4,270.04 65
6.625 4,270.04
KENT CT 06757 2 12/31/01 00
0433606514 05 03/01/02 0
3806042659 O 02/01/32
0
7407400 964/G01 F 335,000.00 ZZ
360 331,195.41 1
7.000 2,228.76 59
6.750 2,228.76
NOVATO CA 94949 2 01/31/02 00
0433707353 05 04/01/02 0
400184146 O 03/01/32
0
7413476 F28/G01 F 342,000.00 ZZ
360 337,512.92 1
1
6.875 2,246.70 60
6.625 2,246.70
PLEASANTVILLE NY 10570 2 12/21/01 00
0433588811 05 02/01/02 0
7757630 O 01/01/32
0
7413516 F28/G01 F 302,000.00 T
360 298,037.68 1
6.875 1,983.93 57
6.625 1,983.93
DUCK NC 27949 2 12/18/01 00
0433610045 03 02/01/02 0
7843735 O 01/01/32
0
7413608 F28/G01 F 432,000.00 ZZ
360 422,442.56 1
7.375 2,983.72 80
7.125 2,983.72
EASTCHESTER NY 10709 1 12/27/01 00
0433605870 05 02/01/02 0
7963170 O 01/01/32
0
7419044 975/G01 F 397,500.00 ZZ
360 393,005.74 1
6.875 2,611.29 75
6.625 2,611.29
RANCHO PALOS VE CA 90247 2 02/01/02 00
0433710670 05 04/01/02 0
2016272 O 03/01/32
0
7425266 E22/G01 F 336,000.00 ZZ
360 332,089.68 1
7.125 2,263.69 80
6.875 2,263.69
PORT LUDLOW WA 98365 1 01/10/02 00
0413491093 05 03/01/02 0
0413491093 O 02/01/32
0
7436258 H58/G01 F 341,250.00 ZZ
360 336,834.60 1
6.875 2,241.77 75
6.625 2,241.77
VACAVILLE CA 95687 1 01/22/02 00
0433669504 05 03/01/02 0
1
0000087491 O 02/01/32
0
7443410 E84/G01 F 332,000.00 ZZ
360 327,747.04 1
7.000 2,208.80 71
6.750 2,208.80
PLEASANTON CA 94566 2 12/10/01 00
0433605011 05 02/01/02 0
75513732 O 01/01/32
0
7443438 E84/G01 F 344,500.00 ZZ
360 336,616.97 1
6.875 2,263.12 54
6.625 2,263.12
PORTLAND OR 97212 2 11/09/01 00
0433604626 05 01/01/02 0
60109001 O 12/01/31
0
7443538 E84/G01 F 398,000.00 ZZ
360 392,532.29 1
7.000 2,647.90 76
6.750 2,647.90
IRVING TX 75063 2 12/04/01 00
0433597408 03 01/01/02 0
81080790 O 12/01/31
0
7443560 E84/G01 F 328,000.00 ZZ
360 323,504.87 1
7.000 2,182.19 80
6.750 2,182.19
OAK PARK IL 60304 2 11/19/01 00
0433597481 05 01/01/02 0
13402960 O 12/01/31
0
7446160 G75/G75 F 62,800.00 ZZ
360 60,650.20 1
7.125 423.10 79
6.875 423.10
FAYETTEVILLE OH 45118 1 12/11/01 00
0004512857 05 02/01/02 0
04512857 O 01/01/32
0
1
7453622 964/G01 F 346,350.00 ZZ
360 342,221.05 1
7.000 2,304.28 84
6.750 2,304.28
OAK PARK CA 91377 2 01/25/02 14
0433655339 05 03/01/02 12
182916 O 02/01/32
0
7462632 E22/G01 F 838,300.00 ZZ
360 828,543.81 1
7.125 5,647.78 70
6.875 5,647.78
PLANO TX 75024 1 01/17/02 00
0413261017 03 03/01/02 0
0413261017 O 02/01/32
0
7463682 E82/G01 F 294,400.00 ZZ
360 290,805.40 1
6.875 1,934.00 67
6.625 1,934.00
FAIRFAX STATION VA 22039 2 01/14/02 00
0400523221 03 03/01/02 0
1768499 O 02/01/32
0
7468130 E11/G01 F 508,400.00 ZZ
360 502,339.28 1
7.000 3,382.40 37
6.750 3,382.40
TONKA BAY MN 55331 2 01/24/02 00
0433637626 05 03/01/02 0
0010001038146 O 02/01/32
0
7476768 N74/G01 F 81,000.00 ZZ
360 79,984.11 1
6.875 532.11 75
6.625 532.11
MCKINNEY TX 75069 5 01/25/02 00
0433654704 05 03/01/02 0
0029784010 O 02/01/32
0
7477572 964/G01 F 345,000.00 ZZ
360 337,329.03 1
6.750 2,237.66 75
6.500 2,237.66
1
BLACK FOREST CO 80908 5 12/26/01 00
0433597051 03 02/01/02 0
170873 O 01/01/32
0
7480982 S11/G01 F 400,000.00 ZZ
360 393,861.60 1
7.000 2,661.21 67
6.750 2,661.21
SANTA ANA CA 92705 5 01/24/02 00
0433669991 05 03/01/02 0
10206803 O 02/01/32
0
7482746 W53/G01 F 696,250.00 ZZ
360 687,949.91 1
7.000 4,632.17 59
6.750 4,632.17
SAN ANTONIO TX 78212 2 01/25/02 00
0433764461 05 03/01/02 0
9730991100 O 02/01/32
0
7486174 E22/G01 F 1,000,000.00 ZZ
360 986,864.03 1
6.625 6,403.11 44
6.375 6,403.11
SEWICKLEY PA 15143 2 01/14/02 00
0413342015 05 03/01/02 0
0413342015 O 02/01/32
0
7488454 A06/G01 F 318,000.00 ZZ
360 314,208.97 1
7.000 2,115.67 48
6.750 2,115.67
ANN ARBOR MI 48104 2 01/24/02 00
0433680840 05 03/01/02 0
1 O 02/01/32
0
7496940 964/G01 F 364,000.00 ZZ
360 359,555.62 1
6.875 2,391.22 80
6.625 2,391.22
HUNTINGTON BEAC CA 92646 1 01/29/02 00
0433678612 05 03/01/02 0
185114 O 02/01/32
0
1
7497186 356/G01 F 375,000.00 ZZ
360 370,817.64 1
7.625 2,654.23 75
7.375 2,654.23
SAN JOSE CA 95116 5 01/29/02 00
0433730504 05 04/01/02 0
28888840 O 03/01/32
0
7499388 B57/G01 F 349,450.00 ZZ
360 345,684.86 1
7.125 2,354.31 75
6.875 2,354.31
XXXXXXXXX RANCH CA 91381 1 02/01/02 00
0433692019 03 04/01/02 0
10000484 O 03/01/32
0
7524912 964/G01 F 357,000.00 ZZ
360 349,996.26 1
7.000 2,375.13 47
6.750 2,375.13
DANVILLE CA 94506 2 02/05/02 00
0433707783 03 04/01/02 0
184683 O 03/01/32
0
7535868 E22/G01 F 288,000.00 ZZ
360 282,993.52 1
6.875 1,891.95 34
6.625 1,891.95
PACIFIC PALISAD CA 90272 2 01/14/02 00
0413306465 05 03/01/02 0
0413306465 O 02/01/32
0
7542752 964/G01 F 364,000.00 ZZ
360 360,078.04 1
7.125 2,452.34 80
6.875 2,452.34
STATELINE NV 89449 2 02/12/02 00
0433758513 05 04/01/02 0
182516 O 03/01/32
0
7545042 X05/G01 F 395,500.00 ZZ
360 383,626.01 1
1
7.500 2,765.39 80
7.250 2,765.39
SAN DIEGO CA 92107 1 02/14/02 00
0433706249 05 04/01/02 0
01201190 O 03/01/32
0
7545382 994/X14 F 343,000.00 ZZ
360 338,499.77 1
6.875 2,253.27 69
6.625 2,253.27
STONINGTON CT 06378 2 12/12/01 00
8022147741 05 02/01/02 0
1000290978 O 01/01/32
0
7556534 E22/G01 F 313,000.00 ZZ
360 309,529.19 1
7.375 2,161.81 84
7.125 2,161.81
KIRKLAND WA 98033 2 01/17/02 04
0413520503 05 03/01/02 12
0413520503 O 02/01/32
0
7558582 E82/G01 F 304,800.00 ZZ
360 301,337.27 1
7.250 2,079.27 63
7.000 2,079.27
SCARSDALE NY 10583 2 01/23/02 00
0400554978 05 03/01/02 0
1933313 O 02/01/32
0
7558718 M27/G01 F 330,500.00 ZZ
360 326,653.61 1
7.125 2,226.64 75
6.875 2,226.64
CHARLOTTE NC 28210 2 01/30/02 00
0433658390 08 03/01/02 0
600729474 O 02/01/32
0
7559002 994/X14 F 632,700.00 ZZ
360 615,800.65 1
6.875 4,156.39 75
6.625 4,156.39
BATON ROUGE LA 70808 2 10/12/01 00
8021160851 05 12/01/01 0
1
404266804 O 11/01/31
0
7559004 994/X14 F 623,000.00 ZZ
360 612,153.12 1
7.250 4,249.96 79
7.000 4,249.96
ARGYLE TX 76226 1 06/29/01 00
8020661719 05 08/01/01 0
403643538 O 07/01/31
0
7559010 994/X14 F 464,000.00 ZZ
360 457,487.64 1
6.875 3,048.15 71
6.625 3,048.15
XXXXXX NY 10589 1 11/21/01 00
8022283876 05 01/01/02 0
1000360761 O 12/01/31
0
7559012 994/X14 F 356,000.00 ZZ
360 351,547.52 1
7.125 2,398.44 80
6.875 2,398.44
LEXINGTON KY 40502 1 12/17/01 00
8021339117 05 02/01/02 0
404546566 O 01/01/32
0
7559022 994/X14 F 614,000.00 ZZ
360 601,916.12 1
6.875 4,033.54 62
6.625 4,033.54
ANDOVER MA 01845 2 09/24/01 00
8016330444 05 11/01/01 0
21885917 O 10/01/31
0
7559026 994/X14 F 294,950.00 ZZ
360 291,344.48 1
7.250 2,012.08 85
7.000 2,012.08
NORWOOD MA 02062 1 12/03/01 11
8022287760 05 02/01/02 25
1000363566 O 01/01/32
0
1
7559030 994/X14 F 550,000.00 ZZ
360 542,432.94 1
6.625 3,521.72 66
6.375 3,521.72
CHAPPAQUA NY 10514 5 12/19/01 00
8022290681 05 02/01/02 0
1000365457 O 01/01/32
0
7559032 994/X14 F 343,800.00 ZZ
360 338,747.61 1
6.875 2,258.52 90
6.625 2,258.52
CLANCY MT 59634 2 12/10/01 10
8011740746 05 02/01/02 25
81078237 O 01/01/32
0
7559034 994/X14 F 310,000.00 ZZ
360 305,834.95 1
6.750 2,010.65 72
6.500 2,010.65
SUDBURY MA 01776 5 12/10/01 00
8021362440 05 02/01/02 0
404583600 O 01/01/32
0
7559036 994/X14 F 500,000.00 ZZ
360 494,323.47 1
7.625 3,538.97 56
7.375 3,538.97
RYE NY 10580 1 12/13/01 00
8022299930 05 02/01/02 0
1000374438 O 01/01/32
0
7559046 994/X14 F 445,000.00 ZZ
360 438,731.50 1
6.500 2,812.70 69
6.250 2,812.70
MCLEAN VA 22102 2 12/17/01 00
8016506449 05 02/01/02 0
219158106 O 01/01/32
0
7559048 994/X14 F 410,000.00 ZZ
360 402,628.93 1
6.750 2,659.25 78
6.500 2,659.25
1
BOWIE MD 20721 2 11/30/01 00
8016452792 03 01/01/02 0
219068289 O 12/01/31
0
7559054 994/X14 F 350,000.00 ZZ
360 345,407.86 1
6.875 2,299.26 65
6.625 2,299.26
BRIARCLIFF MANO NY 10510 2 12/05/01 00
8022282365 01 02/01/02 0
1000358984 O 01/01/32
0
7559056 994/X14 F 512,450.00 ZZ
360 503,994.16 1
7.000 3,409.35 67
6.750 3,409.35
COHASSET MA 02025 5 12/21/01 00
8022292927 05 02/01/02 0
1000367706 O 01/01/32
0
7559062 994/X14 F 315,000.00 ZZ
360 310,452.57 1
7.375 2,175.63 89
7.125 2,175.63
PRINCETON NJ 08502 2 09/06/01 11
8022143385 03 11/01/01 25
1000289753 O 10/01/31
0
7559064 994/X14 F 574,600.00 ZZ
360 566,306.78 1
6.625 3,679.23 60
6.375 3,679.23
MINNETONKA MN 55305 2 12/19/01 00
8016443692 05 02/01/02 0
219053596 O 01/01/32
0
7559068 994/X14 F 317,000.00 ZZ
360 313,312.46 1
7.500 2,216.51 52
7.250 2,216.51
XXXXXX NJ 07481 2 12/07/01 00
8022232881 05 02/01/02 0
1000322493 O 01/01/32
0
1
7559078 994/X14 F 649,000.00 ZZ
360 638,726.80 1
6.500 4,102.13 77
6.250 4,102.13
PELHAM NY 10803 1 12/13/01 00
8022263464 05 02/01/02 0
1000342746 O 01/01/32
0
7559080 994/X14 F 472,000.00 ZZ
360 465,807.29 1
6.875 3,100.71 68
6.625 3,100.71
FAIRFIELD CT 06430 2 12/19/01 00
8022297439 05 02/01/02 0
1000371899 O 01/01/32
0
7559082 994/X14 F 452,000.00 ZZ
360 446,613.04 1
7.375 3,121.85 80
7.125 3,121.85
HARRISBURG SD 57032 2 12/13/01 00
8012067842 05 02/01/02 0
81521276 O 01/01/32
0
7559084 994/X14 F 321,350.00 ZZ
360 316,767.64 1
7.125 2,164.99 80
6.875 2,164.99
JUPITER FL 33458 1 10/30/01 00
8016404553 03 12/01/01 0
218982308 O 11/01/31
0
7559086 994/X14 F 380,000.00 ZZ
360 298,983.05 1
6.875 2,496.33 59
6.625 2,496.33
DOWNERS GROVE IL 60515 2 12/06/01 00
8016476163 05 02/01/02 0
219107731 O 01/01/32
0
7559088 994/X14 F 453,000.00 ZZ
360 447,469.08 1
1
7.250 3,090.26 54
7.000 3,090.26
CONCORD MA 01742 2 12/13/01 00
8022250024 05 02/01/02 0
1000332252 O 01/01/32
0
7559094 994/X14 F 300,000.00 ZZ
360 296,048.60 1
7.000 1,995.91 75
6.750 1,995.91
PHOENIX AZ 85050 1 12/13/01 00
8016528583 03 02/01/02 0
219212135 O 01/01/32
0
7559110 994/X14 F 365,500.00 ZZ
360 352,417.20 1
6.625 2,340.34 75
6.375 2,340.34
LAYTONSVILLE MD 20882 1 12/14/01 00
8016515713 03 02/01/02 0
219177353 O 01/01/32
0
7559112 994/X14 F 315,000.00 ZZ
360 309,407.30 1
7.750 2,256.70 75
7.500 2,256.69
HOPEWELL JUNCTI NY 12533 2 11/19/01 00
8016233978 05 11/01/01 0
218684524 O 10/01/31
0
7559114 994/X14 F 424,000.00 ZZ
360 418,697.03 1
7.125 2,856.57 63
6.875 2,856.57
APEX NC 27502 2 12/13/01 00
8020804046 03 02/01/02 0
403825482 O 01/01/32
0
7559124 994/X14 F 292,500.00 ZZ
360 287,551.99 1
7.125 1,970.63 90
6.875 1,970.63
WILTON CA 95693 2 12/07/01 11
8016514559 05 02/01/02 25
1
219174699 O 01/01/32
0
7559126 994/X14 F 337,500.00 ZZ
360 325,347.23 1
6.375 2,105.56 63
6.125 2,105.56
PIERRE SD 57501 2 12/07/01 00
8021304640 05 02/01/02 0
404454865 O 01/01/32
0
7559128 994/X14 F 358,000.00 ZZ
360 352,956.87 1
6.500 2,262.81 84
6.250 2,262.81
TIGARD OR 97224 2 12/14/01 11
8022295243 05 02/01/02 12
1000369654 O 01/01/32
0
7559134 994/X14 F 430,000.00 ZZ
360 398,468.13 1
6.875 2,824.79 50
6.625 2,824.79
SANDS POINT NY 11050 1 10/22/01 00
8022072857 05 12/01/01 0
1000269146 O 11/01/31
0
7559138 994/X14 F 315,000.00 ZZ
360 311,060.23 1
7.125 2,122.22 50
6.875 2,122.22
WESTPORT CT 06880 5 12/17/01 00
8022287034 05 02/01/02 0
1000362441 O 01/01/32
0
7559142 994/X14 F 567,000.00 ZZ
360 559,736.44 1
7.000 3,772.27 79
6.750 3,772.27
CHAPEL HILL NC 27517 2 12/10/01 00
8011998278 03 02/01/02 0
81414736 O 01/01/32
0
1
7560040 M27/G01 F 340,000.00 ZZ
360 335,497.74 1
7.250 2,319.40 80
7.000 2,319.40
HILLSBOROUGH NC 27278 2 01/30/02 00
0433696150 03 03/01/02 0
600730332 O 02/01/32
0
7560710 405/405 F 442,000.00 ZZ
360 436,482.41 1
7.000 2,940.64 80
6.500 2,940.64
THOUSAND OAKS CA 91361 2 01/10/02 00
0017990698 05 03/01/02 0
17990698 O 02/01/32
0
7560712 405/405 F 650,000.00 ZZ
360 642,063.50 1
6.875 4,270.04 40
6.500 4,270.04
SARASOTA FL 34240 5 01/11/02 00
0018020545 03 03/01/02 0
18020545 O 02/01/32
0
7560714 405/405 F 535,000.00 ZZ
360 525,204.59 1
7.125 3,604.40 65
6.500 3,604.40
SAN MATEO CA 94402 5 01/07/02 00
0018025411 05 03/01/02 0
18025411 O 02/01/32
0
7560720 405/405 F 345,000.00 ZZ
360 339,705.03 1
6.875 2,266.41 65
6.500 2,266.41
LOS ANGELES CA 91436 2 01/04/02 00
0018072272 01 03/01/02 0
18072272 O 02/01/32
0
7560724 405/405 F 596,000.00 ZZ
360 588,722.83 1
6.875 3,915.30 60
6.500 3,915.30
1
MALVERN PA 19355 2 01/18/02 00
0018108324 03 03/01/02 0
18108324 O 02/01/32
0
7560726 405/405 F 506,000.00 ZZ
360 499,967.93 1
7.000 3,366.43 60
6.500 3,366.43
BOCA RATON FL 33431 2 01/14/02 00
0018128561 03 03/01/02 0
18128561 O 02/01/32
0
7560728 405/405 F 408,000.00 ZZ
360 403,364.80 1
7.250 2,783.28 72
6.500 2,783.28
XXX HILLS NY 11746 2 01/14/02 00
0018153098 05 03/01/02 0
18153098 O 02/01/32
0
7560734 405/405 F 572,000.00 ZZ
360 555,285.14 1
7.375 3,950.67 80
6.500 3,950.67
BRONXVILLE NY 10708 1 01/15/02 00
0018165142 05 03/01/02 0
18165142 O 02/01/32
0
7560740 405/405 F 345,000.00 ZZ
360 340,787.50 1
6.875 2,266.41 64
6.500 2,266.41
THOUSAND OAKS CA 91362 1 01/15/02 00
0018176420 01 03/01/02 0
18176420 O 02/01/32
0
7560742 405/405 F 550,000.00 ZZ
360 543,284.51 1
6.875 3,613.11 72
6.500 3,613.11
HOUSTON TX 77024 1 01/16/02 00
0018180083 05 03/01/02 0
18180083 O 02/01/32
0
1
7560744 405/405 F 600,000.00 ZZ
360 591,499.14 1
7.125 4,042.32 80
6.500 4,042.32
BOCA RATON FL 33496 1 01/18/02 00
0018192567 03 03/01/02 0
18192567 O 02/01/32
0
7560752 405/405 F 350,000.00 ZZ
360 285,909.00 1
6.875 2,299.25 69
6.500 2,299.25
WHITTIER CA 90602 1 01/16/02 00
0060015302 05 03/01/02 0
60015302 O 02/01/32
0
7560970 405/405 F 635,000.00 ZZ
360 624,502.98 1
7.250 4,331.82 80
6.500 4,331.82
BRYN MAWR PA 19010 2 08/01/01 00
0017446980 05 09/01/01 0
17446980 O 08/01/31
0
7560972 405/405 F 500,000.00 ZZ
360 486,556.28 1
6.750 3,243.00 72
6.250 3,243.00
OAK HILL VA 20171 1 12/21/01 00
0017645805 03 02/01/02 0
17645805 O 01/01/32
0
7560980 405/405 F 416,000.00 T
360 410,161.23 1
6.875 2,732.83 64
6.250 2,732.83
SANIBEL FL 33957 2 11/20/01 00
0017909565 05 01/01/02 0
17909565 O 12/01/31
0
7560990 405/405 F 801,500.00 ZZ
360 790,984.27 1
1
6.875 5,265.29 37
6.250 5,265.29
MILL VALLEY CA 94941 2 12/13/01 00
0017991191 05 02/01/02 0
17991191 O 01/01/32
0
7560992 405/405 F 412,000.00 ZZ
360 406,594.53 1
6.875 2,706.55 69
6.250 2,706.55
SAN JOSE CA 95126 5 12/12/01 00
0017994450 05 02/01/02 0
17994450 O 01/01/32
0
7560996 405/405 F 325,000.00 ZZ
360 311,635.68 1
6.875 2,135.02 60
6.250 2,135.02
REDONDO BEACH CA 90277 2 12/20/01 00
0018012104 05 02/01/02 0
18012104 O 01/01/32
0
7561010 405/405 F 500,000.00 ZZ
360 486,745.33 1
7.000 3,326.52 79
6.250 3,326.52
LOS ANGELES CA 90272 1 12/24/01 00
0018088153 05 02/01/02 0
18088153 O 01/01/32
0
7561012 405/405 F 416,000.00 ZZ
360 410,670.87 1
7.000 2,767.66 80
6.250 2,767.66
OAKLAND CA 94611 1 12/20/01 00
0018095703 05 02/01/02 0
18095703 O 01/01/32
0
7561018 405/405 F 518,000.00 ZZ
360 499,129.56 1
6.875 3,402.89 65
6.250 3,402.89
FULLERTON CA 92835 2 12/24/01 00
0019960681 03 02/01/02 0
1
19960681 O 01/01/32
0
7561022 405/405 F 400,000.00 ZZ
360 394,875.87 1
7.000 2,661.21 63
6.250 2,661.21
MISSION VIEJO CA 92692 2 12/14/01 00
0019975044 03 02/01/02 0
19975044 O 01/01/32
0
7561030 405/405 F 324,000.00 ZZ
360 319,849.01 1
7.000 2,155.58 80
6.250 2,155.58
HERCULES CA 94547 1 12/20/01 00
0019989995 05 02/01/02 0
19989995 O 01/01/32
0
7561032 405/405 F 375,000.00 ZZ
360 367,199.07 1
7.000 2,494.89 80
6.250 2,494.89
PETALUMA CA 94954 1 12/19/01 00
0060002623 05 02/01/02 0
60002623 O 01/01/32
0
7569696 N47/G01 F 415,000.00 ZZ
360 410,635.41 1
7.250 2,831.03 80
7.000 2,831.03
ENCINITAS CA 92024 2 02/05/02 00
0433719713 05 04/01/02 0
30112884 O 03/01/32
0
7573678 952/G01 F 590,000.00 ZZ
360 582,966.47 1
7.000 3,925.29 73
6.750 3,925.29
MONTVALE NJ 07645 2 01/18/02 00
0433643178 05 03/01/02 0
20015032 O 02/01/32
0
1
7575470 696/G01 F 405,750.00 ZZ
360 400,944.16 1
7.125 2,733.61 80
6.875 2,733.61
SILVER SPRING MD 20904 1 01/22/02 00
0433607975 03 03/01/02 0
32201295 O 02/01/32
0
7577710 A48/G01 F 205,000.00 ZZ
360 201,576.59 1
7.250 1,398.46 50
7.000 1,398.46
SAN JOSE CA 95127 2 02/01/02 00
0433725348 05 04/01/02 0
8111016309 O 03/01/32
0
7583288 994/X14 F 382,400.00 ZZ
360 377,617.36 1
7.125 2,576.30 80
6.875 2,576.30
SAN DIEGO CA 92131 1 12/19/01 00
8016537659 03 02/01/02 0
219237298 O 01/01/32
0
7583826 U39/U39 F 500,000.00 T
360 490,279.47 1
7.875 3,625.35 10
7.625 3,625.35
QUOGUE NY 11959 5 01/11/01 00
0000953885 05 03/01/01 0
0009538852 O 02/01/31
0
7583840 U39/U39 F 492,000.00 ZZ
360 484,759.37 1
6.625 3,150.33 80
6.375 3,150.33
HIGHLANDS RANCH CO 80129 1 11/06/01 00
0000972794 03 01/01/02 0
0009727943 O 12/01/31
0
7583856 U39/U39 F 320,000.00 ZZ
360 315,856.32 1
7.000 2,128.97 77
6.750 2,128.97
1
LAKE GROVE NY 11755 1 12/05/01 00
0000989335 05 02/01/02 0
0009893356 O 01/01/32
0
7583862 U39/U39 F 962,000.00 ZZ
360 944,354.69 1
7.000 6,400.21 61
6.750 6,400.21
SARATOGA CA 95070 2 10/19/01 00
0011705894 05 12/01/01 0
0117058942 O 11/01/31
0
7583890 U39/U39 F 527,300.00 ZZ
360 508,306.50 1
6.750 3,420.06 67
6.500 3,420.06
LAGUNA HILLS CA 92653 2 11/21/01 00
0011731023 03 01/01/02 0
0117310236 O 12/01/31
0
7583896 U39/U39 F 450,000.00 ZZ
360 442,352.20 1
6.625 2,881.40 40
6.375 2,881.40
WOODSIDE CA 94062 5 12/05/01 00
0011733516 05 02/01/02 0
0117335167 O 01/01/32
0
7583900 U39/U39 F 600,000.00 ZZ
360 591,745.10 1
6.625 3,841.87 46
6.375 3,841.87
DUBLIN OH 43017 1 12/21/01 00
0011735669 03 02/01/02 0
0117356692 O 01/01/32
0
7583916 U39/U39 F 344,000.00 ZZ
360 339,378.03 1
6.750 2,231.18 78
6.500 2,231.18
ALEXANDRIA VA 22301 5 12/06/01 00
0011741733 05 02/01/02 0
0117417338 O 01/01/32
0
1
7583918 U39/U39 F 422,000.00 ZZ
360 416,330.15 1
6.750 2,737.08 64
6.500 2,737.08
HEALDSBURG CA 95448 2 12/07/01 00
0011742285 05 02/01/02 0
0117422858 O 01/01/32
0
7583942 U39/U39 F 363,335.00 ZZ
360 358,209.30 1
6.500 2,296.52 71
6.250 2,296.52
VIENNA VA 22101 2 12/03/01 00
0011748928 05 02/01/02 0
0117489287 O 01/01/32
0
7583954 U39/U39 F 344,000.00 ZZ
360 322,378.03 1
6.750 2,231.18 80
6.500 2,231.18
CLEARWATER FL 33759 2 12/05/01 00
0011751260 05 02/01/02 0
0117512609 O 01/01/32
0
7583956 U39/U39 F 442,000.00 ZZ
360 415,865.44 1
6.625 2,830.17 52
6.375 2,830.17
POTOMAC MD 20854 2 12/13/01 00
0011752425 05 02/01/02 0
0117524257 O 01/01/32
0
7583958 U39/U39 F 415,000.00 ZZ
360 409,424.18 1
6.750 2,691.68 80
6.500 2,691.68
ALBUQUERQUE NM 87122 1 12/11/01 00
0011752540 05 02/01/02 0
0117525403 O 01/01/32
0
7583968 U39/U39 F 406,765.00 ZZ
360 401,554.17 1
1
7.000 2,706.22 73
6.750 2,706.22
ENCINITAS CA 92024 2 12/20/01 00
0011836301 05 02/01/02 0
0118363010 O 01/01/32
0
7583970 U39/U39 F 348,000.00 ZZ
360 343,328.36 1
6.375 2,171.07 80
6.125 2,171.07
PLEASANT HILL CA 94523 2 12/27/01 00
0011836897 05 03/01/02 0
0118368977 O 02/01/32
0
7593774 405/405 F 504,850.00 ZZ
360 498,382.68 1
7.000 3,358.78 75
6.500 3,358.78
HIGHLAND PARK TX 75205 2 12/18/01 00
0012750824 05 02/01/02 0
0012750824 O 01/01/32
0
7593814 405/405 F 399,700.00 ZZ
360 395,048.15 1
7.125 2,692.86 68
6.625 2,692.86
DRIPPING SPRING TX 78620 2 01/15/02 00
0018133207 05 03/01/02 0
0018133207 O 02/01/32
0
7594154 B57/G01 F 424,000.00 ZZ
360 418,945.50 1
7.000 2,820.88 70
6.750 2,820.88
CAMARILLO CA 93012 5 01/31/02 00
0433701752 05 03/01/02 0
2118514 O 02/01/32
0
7598146 964/G01 F 359,600.00 ZZ
360 355,618.18 1
7.125 2,422.69 80
6.875 2,422.69
SEATTLE WA 98177 1 01/31/02 00
0433694650 05 04/01/02 0
1
181027 O 03/01/32
0
7604240 E22/G01 F 815,000.00 ZZ
360 803,350.30 1
6.875 5,353.97 63
6.625 5,353.97
COEUR D ALENE ID 83814 2 01/22/02 00
0413319195 03 03/01/02 0
0413319195 O 02/01/32
0
7604246 E22/G01 F 315,000.00 ZZ
360 311,153.82 1
6.875 2,069.33 69
6.625 2,069.33
CONCORD CA 94521 2 01/17/02 00
0413334830 05 03/01/02 0
0413334830 O 02/01/32
0
7604318 E22/G01 F 340,000.00 ZZ
360 332,853.41 1
7.000 2,262.03 76
6.750 2,262.03
EL CERRITO CA 94560 1 01/19/02 00
0413479965 05 03/01/02 0
0413479965 O 02/01/32
0
7604484 E22/G01 F 543,700.00 ZZ
360 537,061.47 1
6.875 3,571.72 78
6.625 3,571.72
PLANO TX 75093 2 01/23/02 00
0413571175 03 03/01/02 0
0413571175 O 02/01/32
0
7606548 F26/G01 F 331,000.00 ZZ
360 326,987.82 1
7.250 2,258.00 66
7.000 2,258.00
POULSBO WA 98370 2 02/05/02 00
0433746948 05 04/01/02 0
7142813307 O 03/01/32
0
1
7608800 N47/G01 F 340,000.00 ZZ
360 336,247.39 1
7.000 2,262.03 77
6.750 2,262.03
HAYWARD CA 94545 2 02/04/02 00
0433706546 05 04/01/02 0
20311909 O 03/01/32
0
7609680 Q97/G01 F 344,400.00 ZZ
360 340,598.86 1
7.000 2,291.30 80
6.750 2,291.30
SUWANEE GA 30024 2 02/08/02 00
0433723731 05 04/01/02 0
16011366 O 03/01/32
0
7610188 964/G01 F 414,000.00 ZZ
360 409,319.67 1
6.875 2,719.69 79
6.625 2,719.69
THOUSAND OAKS CA 91362 2 02/01/02 00
0433704806 03 04/01/02 0
172904 O 03/01/32
0
7614300 964/G01 F 383,000.00 ZZ
360 378,670.13 1
6.875 2,516.04 74
6.625 2,516.04
XXXX XXXXX CA 95442 5 02/06/02 00
0433693405 05 04/01/02 0
184866 O 03/01/32
0
7618348 T44/G01 F 172,000.00 ZZ
360 170,146.73 1
7.125 1,158.80 50
6.875 1,158.80
GRASS VALLEY CA 95949 2 02/05/02 00
0433680261 05 04/01/02 0
1033943 O 03/01/32
0
7618918 E11/G01 F 590,000.00 ZZ
360 583,518.24 1
7.375 4,074.98 67
7.125 4,074.98
1
EDINA MN 55439 1 02/22/02 00
0433724762 05 04/01/02 0
0010001040439 O 03/01/32
0
7622486 964/G01 F 472,000.00 ZZ
360 467,035.94 1
7.250 3,219.87 80
7.000 3,219.87
SEAL BEACH CA 90740 1 02/05/02 00
0433703865 03 04/01/02 0
186557 O 03/01/32
0
7623794 964/G01 F 382,400.00 ZZ
360 378,076.91 1
6.875 2,512.10 80
6.625 2,512.10
COLFAX CA 95713 2 02/01/02 00
0433671609 03 04/01/02 0
183625 O 03/01/32
0
7624862 E22/G01 F 500,000.00 ZZ
360 494,319.64 1
7.250 3,410.88 55
7.000 3,410.88
TARZANA CA 91356 5 01/20/02 00
0413379116 05 03/01/02 0
0413379116 O 02/01/32
0
7625008 E22/G01 F 360,000.00 ZZ
360 354,975.74 1
7.375 2,486.43 65
7.125 2,486.43
BERKELEY CA 94707 5 01/17/02 00
0413542176 05 03/01/02 0
0413542176 O 02/01/32
0
7625062 E22/G01 F 477,000.00 ZZ
360 444,723.23 1
7.375 3,294.52 80
7.125 3,294.52
ROUGH AND READY CA 95975 2 01/18/02 00
0413575481 05 03/01/02 0
0413575481 O 02/01/32
0
1
7629256 D03/D03 F 500,000.00 ZZ
360 494,347.56 1
6.875 3,284.64 44
6.625 3,284.64
MENLO PARK CA 94025 5 02/07/02 00
1020001529 05 04/01/02 0
GULKE1020001529 O 03/01/32
0
7635068 Q99/G01 F 455,000.00 ZZ
360 447,808.59 1
7.250 3,103.90 60
7.000 3,103.90
CAMBRIDGE MA 02138 5 01/31/02 00
0433658408 05 03/01/02 0
1 O 02/01/32
0
7636922 893/G01 F 324,000.00 ZZ
360 320,523.25 1
7.500 2,265.46 80
7.250 2,265.46
FAIR OAKS CA 95628 5 02/04/02 00
0433679230 05 04/01/02 0
M11210031 O 03/01/32
0
7639422 P09/G01 F 256,000.00 ZZ
360 252,948.25 1
7.000 1,703.17 65
6.750 1,703.17
CLIFTON VA 20124 5 01/25/02 00
0433670064 05 03/01/02 0
R0111191 O 02/01/32
0
7641790 964/G01 F 368,000.00 ZZ
360 361,390.70 1
7.125 2,479.28 80
6.875 2,479.28
LONG BEACH CA 90808 1 02/08/02 00
0433707494 05 04/01/02 0
182676 O 03/01/32
0
7641922 T53/G01 F 366,000.00 ZZ
360 362,056.56 1
1
7.125 2,465.81 55
6.875 2,465.81
CLAREMONT CA 91711 1 02/01/02 00
0433670981 05 04/01/02 0
31001387 O 03/01/32
0
7646912 E22/G01 F 274,500.00 ZZ
360 270,641.62 1
7.125 1,849.36 90
6.875 1,849.36
ARGYLE TX 76226 1 01/29/02 04
0413400649 05 03/01/02 25
0413400649 O 02/01/32
0
7647180 E22/G01 F 362,000.00 ZZ
360 357,570.80 1
6.875 2,378.08 56
6.625 2,378.08
SAN JOSE CA 95117 2 01/22/02 00
0413571399 05 03/01/02 0
0413571399 O 02/01/32
0
7653918 F99/G01 F 452,000.00 ZZ
360 446,864.87 1
7.250 3,083.44 80
7.000 3,083.44
STAMFORD CT 06903 2 01/24/02 00
0433679438 05 03/01/02 0
4702248517 O 02/01/32
0
7661620 964/G01 F 360,000.00 ZZ
360 355,831.81 1
6.750 2,334.95 80
6.500 2,334.95
PASADENA CA 91107 1 02/05/02 00
0433695145 05 04/01/02 0
186456 O 03/01/32
0
7662222 M27/G01 F 443,000.00 ZZ
360 437,981.84 1
6.875 2,910.19 74
6.625 2,910.19
PITTSBORO NC 27312 2 02/18/02 00
0433715117 09 04/01/02 0
1
600733632 O 03/01/32
0
7665064 N47/G01 F 453,000.00 ZZ
360 448,235.73 1
7.250 3,090.26 72
7.000 3,090.26
MONTARA CA 94037 2 02/06/02 00
0433707254 05 04/01/02 0
20511209 O 03/01/32
0
7665448 Q59/G01 F 396,000.00 ZZ
360 391,733.26 1
7.125 2,667.93 80
6.875 2,667.93
LA CRESCENTA AR CA 91214 1 02/07/02 00
0433706587 05 04/01/02 0
400142 O 03/01/32
0
7668150 E22/G01 F 514,500.00 ZZ
360 508,512.22 1
7.125 3,466.28 70
6.875 3,466.28
FRESNO CA 93711 5 01/19/02 00
0413520537 03 03/01/02 0
0413520537 O 02/01/32
0
7669572 S43/G01 F 333,101.00 ZZ
360 329,335.23 1
6.875 2,188.24 67
6.625 2,188.24
PLACITAS NM 87043 2 02/05/02 00
0433665783 05 04/01/02 0
012267 O 03/01/32
0
7675704 369/G01 F 570,650.00 ZZ
360 564,198.86 1
6.875 3,748.76 78
6.625 3,748.76
VALPARAISO IN 46383 2 02/07/02 00
0433713427 05 04/01/02 0
0073528740 O 03/01/32
0
1
7676354 964/G01 F 377,000.00 ZZ
360 372,738.04 1
6.875 2,476.62 69
6.625 2,476.62
AGOURA HILLS CA 91301 5 02/05/02 00
0433694841 05 04/01/02 0
184347 O 03/01/32
0
7680356 025/025 F 300,000.00 ZZ
360 295,414.22 1
7.375 2,072.03 72
7.125 2,072.03
KNOXVILLE TN 37922 1 09/06/01 00
0025725698 05 10/01/01 0
0025725698 O 09/01/31
0
7680360 025/025 F 536,000.00 ZZ
360 527,103.04 1
7.500 3,747.79 77
7.250 3,747.79
TALBOTT TN 37877 2 06/14/01 00
0025891367 05 08/01/01 0
0025891367 O 07/01/31
0
7680362 025/025 F 317,200.00 ZZ
360 312,108.12 1
6.500 2,004.92 80
6.250 2,004.92
GOODLETTSVILLE TN 37072 1 11/02/01 00
0025954082 03 12/01/01 0
0025954082 O 11/01/31
0
7680364 025/025 F 297,000.00 ZZ
360 291,820.10 1
7.750 2,127.75 90
7.500 2,127.75
TOANO VA 23168 4 04/13/01 12
0130137797 03 06/01/01 25
0130137797 O 05/01/31
0
7680376 025/025 F 546,000.00 ZZ
360 537,852.00 1
7.500 3,817.72 80
7.250 3,817.72
1
FORT XXXXX IN 46814 1 08/10/01 00
0130398167 03 10/01/01 0
0130398167 O 09/01/31
0
7680380 025/025 F 290,000.00 ZZ
360 285,711.74 1
7.250 1,978.32 80
7.000 1,978.32
LEXINGTON KY 40509 1 09/21/01 00
0130431141 03 11/01/01 0
0130431141 O 10/01/31
0
7680392 025/025 F 308,250.00 ZZ
360 303,692.01 1
7.250 2,102.81 75
7.000 2,102.81
BURTONSVILLE MD 20866 1 10/05/01 00
0138189816 05 11/01/01 0
0138189816 O 10/01/31
0
7680398 025/025 F 400,000.00 ZZ
360 389,242.27 1
7.625 2,831.18 58
7.375 2,831.18
SUNNYVALE CA 94087 5 01/23/01 00
0138761952 05 03/01/01 0
0138761952 O 02/01/31
0
7680406 025/025 F 361,600.00 ZZ
360 354,338.10 1
7.250 2,466.75 80
7.000 2,466.75
SAN JOSE CA 95139 1 03/29/01 00
0139050074 05 05/01/01 0
0139050074 O 04/01/31
0
7680412 025/025 F 500,000.00 ZZ
360 489,835.64 1
7.500 3,496.08 80
7.250 3,496.08
BELLEVUE WA 98004 1 04/26/01 00
0139099311 05 06/01/01 0
0139099311 O 05/01/31
0
1
7684282 E76/G01 F 385,000.00 ZZ
360 380,299.12 1
6.875 2,529.18 67
6.625 2,529.18
BIXBY OK 74008 2 01/31/02 00
0433676749 03 03/01/02 0
10011544 O 02/01/32
0
7690118 975/G01 F 342,000.00 ZZ
360 338,133.65 1
6.875 2,246.70 80
6.625 2,246.70
FULLERTON CA 92833 2 02/05/02 00
0433713377 05 04/01/02 0
2020440 O 03/01/32
0
7700940 E23/G01 F 500,000.00 ZZ
360 494,347.55 1
6.875 3,284.64 46
6.625 3,284.64
GRANITE BAY CA 95746 5 02/08/02 00
0433695269 03 04/01/02 0
61002384 O 03/01/32
0
7702708 M27/G01 F 157,000.00 ZZ
360 155,574.40 1
8.000 1,152.01 88
7.750 1,152.01
CLAYTON NC 27520 2 02/11/02 14
0433708138 05 04/01/02 25
1 O 03/01/32
0
7703726 550/550 F 1,000,000.00 ZZ
360 989,173.47 1
7.100 6,720.32 29
6.850 6,720.32
BEVERLY HILLS CA 90210 2 01/28/02 00
1205668930 05 04/01/02 0
120566893 O 03/01/32
0
7709226 N47/G01 F 344,000.00 ZZ
360 338,831.19 1
1
7.125 2,317.59 80
6.875 2,317.59
SAN JOSE CA 95148 2 02/08/02 00
0433749819 05 04/01/02 0
20311660 O 03/01/32
0
7713372 E22/G01 F 165,000.00 ZZ
360 163,170.35 4
7.375 1,139.61 77
7.125 1,139.61
NEW ORLEANS LA 70119 2 01/29/02 00
0413498361 05 03/01/02 0
0413498361 O 02/01/32
0
7713452 E22/G01 F 330,000.00 ZZ
360 326,159.45 1
7.125 2,223.27 66
6.875 2,223.27
NEWTOWN CT 06470 2 01/30/02 00
0413548249 05 03/01/02 0
0413548249 O 02/01/32
0
7713512 E22/G01 F 336,000.00 ZZ
360 332,201.53 1
6.875 2,207.28 70
6.625 2,207.28
BELLEVUE WA 98008 5 01/28/02 00
0413574179 05 04/01/02 0
0413574179 O 03/01/32
0
7714472 696/G01 F 404,000.00 ZZ
360 399,183.92 1
7.000 2,687.82 80
6.750 2,687.82
VIENNA VA 22182 1 02/04/02 00
0433645678 03 03/01/02 0
23602003 O 02/01/32
0
7714672 E82/G01 F 172,000.00 ZZ
360 168,182.03 1
7.000 1,144.32 71
6.750 1,144.32
SAN CLEMENTE CA 92672 2 02/01/02 00
0400559597 01 04/01/02 0
1
0400559597 O 03/01/32
0
7714676 E82/G01 F 277,000.00 ZZ
360 271,153.60 1
7.125 1,866.20 53
6.875 1,866.20
DOBBS FERRY NY 10522 2 02/01/02 00
0400560579 05 03/01/02 0
0400560579 O 02/01/32
0
7714778 A06/G01 F 128,000.00 ZZ
360 126,210.21 1
7.375 884.07 57
7.125 884.07
BALDWIN NY 11510 2 02/14/02 00
0433707056 05 04/01/02 0
1 O 03/01/32
0
7719892 975/G01 F 360,000.00 ZZ
360 355,929.64 1
6.875 2,364.94 60
6.625 2,364.94
RANCHO PALOS VE CA 90275 2 02/05/02 00
0433717808 05 04/01/02 0
2015614 O 03/01/32
0
7733644 964/G01 F 597,500.00 ZZ
360 590,581.97 1
6.750 3,875.37 61
6.500 3,875.37
TUSTIN CA 92782 2 02/08/02 00
0433726916 05 04/01/02 0
185317 O 03/01/32
0
7736280 E22/G01 F 174,500.00 ZZ
360 171,526.40 1
7.250 1,190.40 74
7.000 1,190.40
XXXXXX WA 98940 5 01/29/02 00
0413608266 03 04/01/02 0
0413608266 O 03/01/32
0
1
7736638 E82/G01 F 335,900.00 ZZ
360 331,895.73 1
7.000 2,234.75 80
6.750 2,234.75
ALPHARETTA GA 30022 2 02/01/02 00
0400578191 03 03/01/02 0
3702114 O 02/01/32
0
7739580 M27/G01 F 538,000.00 ZZ
360 531,770.79 1
6.750 3,489.46 73
6.500 3,489.46
MOORESVILLE NC 28117 2 02/08/02 00
0433686391 05 04/01/02 0
600731047 O 03/01/32
0
7741770 D03/D03 F 793,000.00 ZZ
360 783,597.09 1
6.625 5,077.67 65
6.375 5,077.67
LOS GATOS CA 95032 5 02/11/02 00
1010001449 05 04/01/02 0
1010001449 O 03/01/32
0
7741942 X31/G01 F 324,000.00 ZZ
360 320,337.18 1
6.875 2,128.45 80
6.625 2,128.45
HACIENDA HEIGHT CA 91745 2 02/07/02 00
0433717972 05 04/01/02 0
40100647 O 03/01/32
0
7744648 998/998 F 615,000.00 T
360 606,079.27 1
7.625 4,352.93 75
7.375 4,352.93
HORSESHOE BAY TX 78657 1 09/24/01 00
10221067 03 11/01/01 0
0221067 O 10/01/31
0
7744652 998/998 F 600,000.00 T
360 593,020.36 1
7.500 4,195.29 50
7.250 4,195.29
1
PALM BEACH FL 33480 1 01/07/02 00
11805898 05 02/01/02 0
1805898 O 01/01/32
0
7744676 998/998 F 568,000.00 ZZ
360 562,696.39 1
8.250 4,267.19 80
8.000 4,267.19
MADISONVILLE LA 70433 2 01/07/02 00
12884454 05 03/01/02 0
2884454 O 02/01/32
0
7750326 076/076 F 385,000.00 ZZ
360 379,333.70 1
6.625 2,465.20 84
6.375 2,465.20
IOWA CITY IA 52240 2 11/26/01 10
12134528 05 01/01/02 12
2134528 O 12/01/31
0
7750328 076/076 F 534,800.00 ZZ
360 527,614.55 1
6.750 3,468.70 60
6.500 3,468.70
SIOUX FALLS SD 57103 2 12/19/01 00
12139422 05 02/01/02 0
2139422 O 01/01/32
0
7750330 076/076 F 280,000.00 ZZ
360 273,905.50 1
6.875 1,839.40 77
6.625 1,839.40
ORLANDO FL 32806 2 12/14/01 00
12151928 05 02/01/02 0
2151928 O 01/01/32
0
7750332 076/076 F 468,000.00 ZZ
360 461,561.17 1
6.625 2,996.66 80
6.375 2,996.66
LITTLE ROCK AR 72223 2 12/17/01 00
12177069 05 02/01/02 0
2177069 O 01/01/32
0
1
7750344 076/076 F 579,000.00 ZZ
360 569,216.61 1
7.625 4,098.13 80
7.375 4,098.13
KANSAS CITY MO 64112 1 07/27/01 00
12351688 05 09/01/01 0
2351688 O 08/01/31
0
7750346 076/076 F 320,000.00 ZZ
360 315,700.42 1
6.750 2,075.52 71
6.500 2,075.52
WESTPORT CT 06880 5 12/06/01 00
12422125 05 02/01/02 0
2422125 O 01/01/32
0
7750350 076/076 F 312,000.00 ZZ
360 307,820.47 1
6.875 2,049.62 57
6.625 2,049.62
EAST HAMPTON NY 11937 2 12/27/01 00
12756309 05 02/01/02 0
2756309 O 01/01/32
0
7750352 076/076 F 467,250.00 ZZ
360 461,264.28 1
7.000 3,108.63 80
6.750 3,108.63
ALEDO TX 76008 1 12/13/01 00
12764205 05 02/01/02 0
2764205 O 01/01/32
0
7750354 076/076 F 333,000.00 ZZ
360 328,136.71 1
7.000 2,215.46 79
6.750 2,215.46
FUQUAY VARINA NC 27526 2 10/25/01 00
12985163 03 12/01/01 0
2985163 O 11/01/31
0
7750360 076/076 F 524,000.00 ZZ
360 516,959.52 1
1
6.750 3,398.66 80
6.500 3,398.66
NEWTOWN CT 06470 1 12/07/01 00
13434033 05 02/01/02 0
3434033 O 01/01/32
0
7751212 Q59/G01 F 328,000.00 ZZ
360 324,379.89 1
7.000 2,182.19 80
6.750 2,182.19
BURBANK CA 91506 2 02/19/02 00
0433746351 05 04/01/02 0
400161 O 03/01/32
0
7758660 E22/G01 F 128,535.00 ZZ
360 127,109.66 1
7.375 887.76 95
7.125 887.76
EL MIRAGE AZ 85335 2 01/26/02 04
0413517764 03 03/01/02 30
0413517764 O 02/01/32
0
7758704 E22/G01 F 487,500.00 T
360 481,546.57 1
6.875 3,202.53 75
6.625 3,202.53
CAYUCOS CA 93430 1 01/29/02 00
0413563487 05 03/01/02 0
0413563487 O 02/01/32
0
7759322 W93/G01 F 360,000.00 ZZ
360 353,041.09 1
6.750 2,334.96 80
6.500 2,334.96
SAN JOSE CA 95136 1 11/28/01 00
0433694064 05 01/01/02 0
20362001 O 12/01/31
0
7759324 W93/G01 F 424,000.00 ZZ
360 417,906.08 1
6.750 2,750.06 79
6.500 2,750.06
NEWBERG OR 97132 2 11/28/01 00
0433691870 05 01/01/02 0
1
37343853 O 12/01/31
0
7759344 W93/G01 F 337,500.00 ZZ
360 333,613.64 1
7.500 2,359.85 74
7.250 2,359.85
SAN DIEGO CA 92130 5 01/04/02 00
0433694320 03 03/01/02 0
28354721 O 02/01/32
0
7759360 W93/G01 F 388,000.00 ZZ
360 383,592.08 1
7.250 2,646.84 80
7.000 2,646.84
SAN JOSE CA 95123 1 01/08/02 00
0433694270 05 03/01/02 0
20362081 O 02/01/32
0
7759380 W93/G01 F 368,800.00 ZZ
360 364,511.32 1
7.250 2,515.87 80
7.000 2,515.87
SAN DIEGO CA 92124 1 01/08/02 00
0433694338 05 03/01/02 0
28354895 O 02/01/32
0
7764238 W86/W86 F 405,000.00 ZZ
360 400,171.88 1
7.000 2,694.48 75
6.750 2,694.48
WHITEFISH MT 59937 2 01/25/02 00
760207 05 03/01/02 0
760207 O 02/01/32
0
7765322 W86/W86 F 595,000.00 ZZ
360 588,075.27 1
7.125 4,008.63 77
6.875 4,008.63
WHITEFISH MT 59937 2 01/25/02 00
702506 05 03/01/02 0
702506 O 02/01/32
0
1
7765774 893/G01 F 584,000.00 ZZ
360 577,195.99 1
6.875 3,836.46 80
6.625 3,836.46
BURLINGAME CA 94010 1 02/11/02 00
0433710472 05 04/01/02 0
X00000000 O 03/01/32
0
7766854 964/G01 F 341,000.00 ZZ
360 337,119.63 1
7.000 2,268.68 49
6.750 2,268.68
NOVATO CA 94945 2 02/26/02 00
0433757069 05 04/01/02 0
400190077 O 03/01/32
0
7767334 H58/G01 F 347,000.00 ZZ
360 342,513.28 1
6.875 2,279.54 70
6.625 2,279.54
FEDERAL WAY WA 98023 2 01/18/02 00
0433643764 05 03/01/02 0
0000087294 O 02/01/32
0
7768902 964/G01 F 458,000.00 ZZ
360 452,944.98 1
7.000 3,047.09 54
6.750 3,047.09
NEWPORT BEACH CA 92660 2 02/06/02 00
0433713880 05 04/01/02 0
184384 O 03/01/32
0
7776098 B57/G01 F 593,000.00 ZZ
360 586,296.09 1
6.875 3,895.59 75
6.625 3,895.59
LOS ANGELES CA 90046 2 02/11/02 00
0433716610 05 04/01/02 0
2118969 O 03/01/32
0
7778826 W86/W86 F 435,000.00 ZZ
360 429,814.26 1
7.000 2,894.07 75
6.750 2,894.07
1
XXXXXXXX XX 82718 2 01/30/02 00
500845 05 03/01/02 0
500845 O 02/01/32
0
7781116 E82/G01 F 205,400.00 ZZ
360 202,480.32 1
6.875 1,349.33 77
6.625 1,349.33
WOODBURY CT 06798 2 02/04/02 00
0400578217 05 04/01/02 0
3693357 O 03/01/32
0
7781180 E82/G01 F 326,000.00 ZZ
360 322,401.88 1
7.000 2,168.89 77
6.750 2,168.89
UPLAND CA 91786 2 02/05/02 00
0400579876 05 04/01/02 0
1987426 O 03/01/32
0
7783782 N47/G01 F 566,500.00 ZZ
360 560,095.74 1
6.875 3,721.50 62
6.625 3,721.50
CHULA VISTA CA 91910 2 02/12/02 00
0433718244 03 04/01/02 0
30112068 O 03/01/32
0
7785984 952/G01 F 582,000.00 ZZ
360 575,729.16 1
7.125 3,921.05 69
6.875 3,921.05
DEMAREST NJ 07627 2 02/01/02 00
0433661295 05 04/01/02 0
20014671 O 03/01/32
0
7787686 S43/G01 F 129,500.00 ZZ
360 128,036.05 1
6.875 850.72 70
6.625 850.72
RANCHOS DE TAOS NM 87558 1 02/20/02 00
0433710068 05 04/01/02 0
020094 O 03/01/32
0
1
7793744 A39/G01 F 475,000.00 ZZ
360 469,630.14 1
6.875 3,120.41 70
6.625 3,120.41
SIMI VALLEY CA 93065 1 02/19/02 00
0433702792 03 04/01/02 0
2200147 O 03/01/32
0
7796526 313/G01 F 650,000.00 ZZ
360 622,969.01 1
6.750 4,215.89 60
6.500 4,215.89
TOWSON MD 21204 1 01/01/02 00
0433662582 05 02/01/02 0
8495004 O 01/01/32
0
7796530 313/G01 F 368,000.00 ZZ
360 362,710.81 1
6.750 2,386.85 80
6.500 2,386.85
DALLAS TX 75208 1 11/19/01 00
0433678885 05 01/01/02 0
8444978 O 12/01/31
0
7796542 313/G01 F 355,000.00 ZZ
360 350,342.37 1
6.875 2,332.10 79
6.625 2,332.10
LEESBURG VA 20176 5 12/11/01 00
0433681525 03 02/01/02 0
8414872 O 01/01/32
0
7796544 313/G01 F 286,000.00 ZZ
360 269,029.45 1
6.875 1,878.82 55
6.625 1,878.82
LOS ANGELES CA 91304 5 11/21/01 00
0433679404 03 01/01/02 0
8439481 O 12/01/31
0
7796548 313/G01 F 457,000.00 ZZ
360 450,859.73 1
1
6.750 2,964.10 80
6.500 2,964.10
ROCKVILLE MD 20850 2 12/14/01 00
0433675337 03 02/01/02 0
8490278 O 01/01/32
0
7796560 313/G01 F 391,000.00 ZZ
360 384,647.53 1
6.750 2,536.02 80
6.500 2,536.02
AUDUBON PA 19403 2 11/29/01 00
0433667961 03 01/01/02 0
8470601 O 12/01/31
0
7796562 313/G01 F 385,000.00 ZZ
360 379,827.09 1
6.750 2,497.11 72
6.500 2,497.11
CHESTERFIELD VA 23838 5 12/12/01 00
0433668399 05 02/01/02 0
0008492928 O 01/01/32
0
7796574 313/G01 F 320,000.00 ZZ
360 315,365.97 1
6.750 2,075.52 76
6.500 2,075.52
ALPHARETTA GA 30005 5 11/30/01 00
0433674280 03 01/01/02 0
0008471674 O 12/01/31
0
7796576 313/G01 F 975,000.00 ZZ
360 962,807.97 1
6.750 6,323.84 65
6.500 6,323.84
HUNTINGTON BEAC CA 92649 1 01/11/02 00
0433675667 03 03/01/02 0
0008553109 O 02/01/32
0
7796588 313/G01 F 328,300.00 ZZ
360 324,472.27 1
7.500 2,295.53 76
7.250 2,295.53
WILTON CT 06897 2 12/03/01 00
0433676350 05 02/01/02 0
1
8481665 O 01/01/32
0
7796594 313/G01 F 349,000.00 ZZ
360 344,180.25 1
6.875 2,292.69 50
6.625 2,292.69
POTOMAC MD 20854 2 12/06/01 00
0433673399 03 02/01/02 0
8496382 O 01/01/32
0
7796614 313/G01 F 396,000.00 ZZ
360 390,442.00 1
6.875 2,601.44 75
6.625 2,601.44
LEXINGTON MA 02421 2 12/03/01 00
0433668886 05 01/01/02 0
0008482630 O 12/01/31
0
7796616 313/G01 F 450,000.00 ZZ
360 442,561.72 1
6.500 2,844.31 56
6.250 2,844.31
WELLESLEY HILLS MA 02481 5 11/26/01 00
0433676152 05 01/01/02 0
0008463580 O 12/01/31
0
7796620 313/G01 F 330,000.00 ZZ
360 323,364.20 1
7.125 2,223.28 64
6.875 2,223.28
AUSTIN TX 78746 2 12/12/01 00
0433670320 03 02/01/02 0
8506511 O 01/01/32
0
7796634 313/G01 F 345,750.00 ZZ
360 341,104.53 1
6.750 2,242.53 75
6.500 2,242.53
BOYDS MD 20841 5 12/06/01 00
0433668423 05 02/01/02 0
8443657 O 01/01/32
0
1
7796642 313/G01 F 399,000.00 ZZ
360 392,589.92 1
6.750 2,587.91 70
6.500 2,587.91
WOODLAND HILLS CA 91367 1 11/16/01 00
0433692811 05 01/01/02 0
8471302 O 12/01/31
0
7796644 313/G01 F 573,050.00 ZZ
360 564,591.33 1
6.875 3,764.54 80
6.625 3,764.54
SHREWSBURY MA 01545 1 01/09/02 00
0433664018 05 03/01/02 0
8311185 O 02/01/32
0
7796646 313/G01 F 311,450.00 ZZ
360 304,609.73 1
6.750 2,020.06 70
6.500 2,020.06
BRANFORD CT 06405 5 12/07/01 00
0433675402 05 02/01/02 0
0008435539 O 01/01/32
0
7796656 313/G01 F 420,000.00 ZZ
360 414,747.99 1
6.750 2,724.12 50
6.500 2,724.12
WILTON CT 06897 2 01/14/02 00
0433670692 05 03/01/02 0
0008524571 O 02/01/32
0
7796660 313/G01 F 560,000.00 ZZ
360 552,475.92 1
6.750 3,632.15 68
6.500 3,632.15
SAN XXXXXX CA 95046 5 12/10/01 00
0433665452 05 02/01/02 0
8452674 O 01/01/32
0
7796670 313/G01 F 390,000.00 ZZ
360 384,750.93 1
6.750 2,529.54 60
6.500 2,529.54
1
GREAT BARRINGTO MA 01230 5 12/13/01 00
0433654522 05 02/01/02 0
0008448037 O 01/01/32
0
7796672 313/G01 F 335,000.00 ZZ
360 325,966.41 1
6.750 2,172.81 79
6.500 2,172.81
EDMONDS WA 98020 5 11/26/01 00
0433679131 05 01/01/02 0
0008462699 O 12/01/31
0
7796686 313/G01 F 445,000.00 ZZ
360 426,488.86 1
6.625 2,849.39 69
6.375 2,849.39
VIRGINIA BEACH VA 23454 2 12/07/01 00
0433653094 05 02/01/02 0
8471203 O 01/01/32
0
7796688 313/G01 F 336,000.00 ZZ
360 331,284.01 1
6.875 2,207.29 62
6.625 2,207.29
WOODBRIDGE VA 22192 5 11/28/01 00
0433662517 03 01/01/02 0
8471559 O 12/01/31
0
7803368 E22/G01 F 339,000.00 ZZ
360 332,069.23 1
7.250 2,312.58 72
7.000 2,312.58
HOLLISTER CA 95023 2 01/28/02 00
0413521840 05 03/01/02 0
0413521840 O 02/01/32
0
7803390 E22/G01 F 200,000.00 ZZ
360 197,615.87 1
7.000 1,330.60 73
6.750 1,330.60
CENTENNIAL CO 80015 5 01/24/02 00
0413541772 03 03/01/02 0
0413541772 O 02/01/32
0
1
7803430 E22/G01 F 480,000.00 ZZ
360 474,573.59 1
6.875 3,153.26 80
6.625 3,153.26
FRISCO TX 75034 1 02/08/02 00
0413573643 03 04/01/02 0
0413573643 O 03/01/32
0
7803472 E22/G01 F 117,600.00 ZZ
360 116,270.52 1
6.875 772.55 80
6.625 772.55
JACKSONVILLE FL 32244 1 02/08/02 00
0413609439 03 04/01/02 0
0413609439 O 03/01/32
0
7809558 964/G01 F 385,000.00 ZZ
360 374,918.76 1
7.000 2,561.41 60
6.750 2,561.41
FULLERTON CA 92831 2 02/27/02 00
0433758463 05 04/01/02 0
191384 O 03/01/32
0
7811134 E11/G01 F 357,700.00 ZZ
360 353,752.00 1
7.000 2,379.79 72
6.750 2,379.79
CHANHASSEN MN 55317 2 02/21/02 00
0433724036 05 04/01/02 0
0003001028074 O 03/01/32
0
7813702 964/G01 F 340,000.00 ZZ
360 334,966.71 1
6.875 2,233.56 76
6.625 2,233.56
SEAL BEACH CA 90740 1 02/19/02 00
0433727278 05 04/01/02 0
191304 O 03/01/32
0
7820922 950/G01 F 980,000.00 ZZ
360 969,183.64 1
1
7.000 6,519.97 70
6.750 6,519.97
REDMOND WA 98053 2 02/14/02 00
0433713401 05 04/01/02 0
E1202045 O 03/01/32
0
7826096 E22/G01 F 275,000.00 ZZ
360 271,739.18 1
6.625 1,760.86 58
6.375 1,760.86
SAN MARCOS CA 92069 5 02/01/02 00
0413344441 05 04/01/02 0
0413344441 O 03/01/32
0
7826160 E22/G01 F 180,000.00 ZZ
360 178,013.38 1
7.000 1,197.54 80
6.750 1,197.54
CORONA CA 92879 2 01/30/02 00
0413516584 05 04/01/02 0
0413516584 O 03/01/32
0
7826244 E22/G01 F 385,000.00 ZZ
360 380,647.51 1
6.875 2,529.18 65
6.625 2,529.18
LOS ANGELES CA 90068 2 01/31/02 00
0413567660 05 04/01/02 0
0413567660 O 03/01/32
0
7826260 E22/G01 F 356,000.00 ZZ
360 351,878.09 1
6.750 2,309.01 68
6.500 2,309.01
LAKE WORTH FL 33467 2 02/06/02 00
0413581646 03 04/01/02 0
0413581646 O 03/01/32
0
7826270 E22/G01 F 888,000.00 ZZ
360 877,718.39 1
6.750 5,759.55 30
6.500 5,759.55
MALIBU CA 90265 2 01/30/02 00
0413587395 05 04/01/02 0
1
0413587395 O 03/01/32
0
7831396 964/G01 F 345,000.00 ZZ
360 341,192.27 1
7.000 2,295.29 56
6.750 2,295.29
SAN RAFAEL CA 94903 2 02/22/02 00
0433745148 05 04/01/02 0
400188309 O 03/01/32
0
7831728 975/G01 F 388,000.00 ZZ
360 383,717.69 1
7.000 2,581.37 71
6.750 2,581.37
ARCADIA CA 91007 2 02/01/02 00
0433705480 05 04/01/02 0
2020315 O 03/01/32
0
7837338 E23/G01 F 230,000.00 ZZ
360 226,310.15 1
6.875 1,510.94 55
6.625 1,510.94
SAN FRANCISCO CA 94134 5 02/21/02 00
0433746393 07 04/01/02 0
61004501 O 03/01/32
0
7841948 S11/G01 F 301,600.00 ZZ
360 297,090.57 1
7.000 2,006.55 78
6.750 2,006.55
ORANGE CA 92866 2 10/25/01 00
0433733219 05 12/01/01 0
10205073 O 11/01/31
0
7844380 L96/G01 F 399,950.00 ZZ
360 395,640.71 1
7.125 2,694.54 75
6.875 2,694.54
TRACY CA 95391 1 02/12/02 00
0433721446 05 04/01/02 0
0538414 O 03/01/32
0
1
7846996 E22/G01 F 110,647.00 ZZ
360 109,487.22 1
7.750 792.69 74
7.500 792.69
SARASOTA FL 34231 2 02/07/02 00
0413017682 05 04/01/02 0
0413017682 O 03/01/32
0
7847078 E22/G01 F 360,000.00 ZZ
360 355,674.05 1
6.750 2,334.95 56
6.500 2,334.95
WEST BLOOMFIELD MI 48322 5 02/07/02 00
0413570755 05 04/01/02 0
0413570755 O 03/01/32
0
7847102 E22/G01 F 495,000.00 ZZ
360 489,268.71 1
6.750 3,210.56 16
6.500 3,210.56
WELLESLEY HILLS MA 02481 2 02/07/02 00
0413585753 05 04/01/02 0
0413585753 O 03/01/32
0
7847172 E22/G01 F 340,000.00 ZZ
360 336,063.38 1
6.750 2,205.23 50
6.500 2,205.23
SEBASTOPOL CA 95472 5 02/06/02 00
0413636226 05 04/01/02 0
0413636226 O 03/01/32
0
7847538 F44/G01 F 395,000.00 ZZ
360 389,817.59 1
6.875 2,594.87 78
6.625 2,594.87
ARLINGTON VA 22204 2 12/21/01 00
0433716172 05 02/01/02 0
ARLINGTON O 01/01/32
0
7848406 313/G01 F 383,000.00 ZZ
360 377,996.64 1
7.250 2,612.74 80
7.000 2,612.74
1
BURLINGTON MA 01803 2 12/03/01 00
0433675113 05 01/01/02 0
0008424707 O 12/01/31
0
7848418 313/G01 F 530,000.00 ZZ
360 520,822.60 1
6.875 3,481.73 56
6.625 3,481.73
MCLEAN VA 22101 2 11/29/01 00
0433673944 05 01/01/02 0
0008477671 O 12/01/31
0
7848422 313/G01 F 369,000.00 ZZ
360 363,696.52 1
6.750 2,393.33 61
6.500 2,393.33
CHICAGO IL 60630 2 11/28/01 00
0433675931 05 01/01/02 0
8394983 O 12/01/31
0
7848424 313/G01 F 686,250.00 ZZ
360 677,246.34 1
6.875 4,508.18 59
6.625 4,508.18
FLOWER MOUND TX 75022 2 12/07/01 00
0433679073 03 02/01/02 0
0008506628 O 01/01/32
0
7848426 313/G01 F 400,000.00 ZZ
360 394,625.55 1
6.750 2,594.40 59
6.500 2,594.40
STAMFORD CT 06903 2 12/12/01 00
0433676194 05 02/01/02 0
850744 O 01/01/32
0
7848428 313/G01 F 424,400.00 ZZ
360 418,443.40 1
6.875 2,788.01 59
6.625 2,788.01
THOUSAND OAKS CA 91362 5 11/21/01 00
0433674389 05 01/01/02 0
0008432544 O 12/01/31
0
1
7848440 313/G01 F 375,000.00 ZZ
360 367,603.30 1
6.625 2,401.17 47
6.375 2,401.17
FORT WASHINGTON PA 19034 2 12/04/01 00
0433675709 05 01/01/02 0
8477069 O 12/01/31
0
7848460 313/G01 F 350,000.00 ZZ
360 344,036.66 1
6.750 2,270.10 76
6.500 2,270.10
LAGUNA NIGUEL CA 92677 2 11/29/01 00
0433670965 03 01/01/02 0
8425134 O 12/01/31
0
7848504 N28/G01 F 332,250.00 ZZ
360 328,582.91 1
7.000 2,210.47 75
6.750 2,210.47
PORTLAND OR 97221 5 02/05/02 00
0433695541 05 04/01/02 0
26854 O 03/01/32
0
7848616 E82/G01 F 418,000.00 ZZ
360 413,386.57 1
7.000 2,780.96 35
6.750 2,780.96
LITTLE XXXXXXX RI 02837 2 02/08/02 00
0400578928 05 04/01/02 0
0400578928 O 03/01/32
0
7852252 196/196 F 600,000.00 ZZ
360 592,848.98 1
7.375 4,144.06 80
7.125 4,144.06
LIVERMORE CA 94550 1 12/28/01 00
1482952 05 02/01/02 0
1482952 O 01/01/32
0
7858266 E87/G01 F 388,000.00 ZZ
360 383,613.71 1
1
6.875 2,548.88 80
6.625 2,548.88
GOLETA CA 93117 1 02/19/02 00
0433733409 05 04/01/02 0
70004015 O 03/01/32
0
7866514 964/G01 F 344,000.00 ZZ
360 340,293.62 1
7.125 2,317.59 80
6.875 2,317.59
LOS ANGELES CA 90034 1 02/19/02 00
0433734407 05 04/01/02 0
186441 O 03/01/32
0
7873626 E22/G01 F 630,000.00 ZZ
360 623,046.61 1
7.000 4,191.41 66
6.750 4,191.41
BROOKLYN NY 11233 5 02/08/02 00
0412617409 05 04/01/02 0
0412617409 O 03/01/32
0
7873642 E22/G01 F 146,000.00 ZZ
360 144,259.57 1
7.000 971.34 88
6.750 971.34
CHICO CA 95926 2 01/28/02 04
0413367848 05 03/01/02 25
0413367848 O 02/01/32
0
7873742 E22/G01 F 775,000.00 ZZ
360 766,238.59 1
6.875 5,091.20 25
6.625 5,091.20
LOS ANGELES CA 90049 2 01/30/02 00
0413568429 03 04/01/02 0
0413568429 O 03/01/32
0
7873744 E22/G01 F 465,000.00 ZZ
360 458,065.17 1
6.750 3,015.98 60
6.500 3,015.98
SPOKANE WA 99223 2 02/06/02 00
0413570805 05 04/01/02 0
1
0413570805 O 03/01/32
0
7873746 E22/G01 F 152,000.00 ZZ
360 150,281.66 1
6.875 998.53 95
6.625 998.53
CORONA CA 92881 2 02/06/02 04
0413571001 05 04/01/02 30
0413571001 O 03/01/32
0
7873752 E22/G01 F 357,750.00 ZZ
360 353,112.44 1
6.625 2,290.71 58
6.375 2,290.71
GREENVILLE SC 29605 5 02/08/02 00
0413575333 03 04/01/02 0
0413575333 O 03/01/32
0
7873768 E22/G01 F 324,000.00 ZZ
360 320,337.18 1
6.875 2,128.45 54
6.625 2,128.45
STUDIO CITY CA 91604 2 02/05/02 00
0413583626 05 04/01/02 0
0413583626 O 03/01/32
0
7873770 E22/G01 F 384,000.00 ZZ
360 379,294.81 1
6.750 2,490.62 77
6.500 2,490.62
EVERETT WA 98203 2 02/08/02 00
0413584681 05 04/01/02 0
0413584681 O 03/01/32
0
7873772 E22/G01 F 375,000.00 ZZ
360 370,861.17 1
7.000 2,494.88 59
6.750 2,494.88
VERO BEACH FL 32963 5 02/08/02 00
0413584913 03 04/01/02 0
0413584913 O 03/01/32
0
1
7873806 E22/G01 F 325,500.00 ZZ
360 319,711.16 1
7.250 2,220.48 70
7.000 2,220.48
DALLAS TX 75208 5 02/08/02 00
0413606278 05 04/01/02 0
0413606278 O 03/01/32
0
7875016 F28/G01 F 358,600.00 ZZ
360 353,566.89 1
6.875 2,355.75 77
6.625 2,355.75
RURAL HALL NC 27045 2 11/28/01 00
0433695798 05 01/01/02 0
7806561 O 12/01/31
0
7875026 F28/G01 F 472,800.00 ZZ
360 465,334.92 1
6.250 2,911.11 80
6.000 2,911.11
LA QUINTA CA 92253 1 11/15/01 00
0433681608 03 01/01/02 0
7785433 O 12/01/31
0
7875036 F28/G01 F 340,000.00 ZZ
360 335,192.39 1
6.750 2,205.23 75
6.500 2,205.23
JUPITER FL 33458 5 12/07/01 00
0433683299 05 02/01/02 0
7798410 O 01/01/32
0
7875262 313/G01 F 453,850.00 ZZ
360 448,840.79 1
7.000 3,019.48 80
6.750 3,019.48
FLOWERY BRANCH GA 30542 1 02/25/02 00
0433755980 03 04/01/02 0
0008599078 O 03/01/32
0
7876042 E82/G01 F 301,500.00 ZZ
360 298,479.57 1
7.500 2,108.13 57
7.250 2,108.13
1
FRISCO TX 75034 2 02/11/02 00
0400576989 05 04/01/02 0
3944017 O 03/01/32
0
7876048 E82/G01 F 163,400.00 ZZ
360 161,243.24 1
6.875 1,073.42 78
6.625 1,073.42
LAKEWOOD CA 90712 2 02/07/02 00
0400580874 05 04/01/02 0
7105562 O 03/01/32
0
7876050 E82/G01 F 332,000.00 ZZ
360 318,149.53 1
7.000 2,208.80 63
6.750 2,208.80
LEWISVILLE NC 27023 2 02/08/02 00
0400580577 03 04/01/02 0
1986146 O 03/01/32
0
7876058 E82/G01 F 391,200.00 ZZ
360 386,851.63 1
7.125 2,635.59 80
6.875 2,635.59
MONTEREY CA 93940 2 02/06/02 00
0400566527 05 04/01/02 0
0400566527 O 03/01/32
0
7883798 H12/G01 F 647,500.00 ZZ
360 640,690.19 1
7.250 4,417.09 70
7.000 4,417.09
SHAWNEE KS 66218 1 02/07/02 00
0433706413 03 04/01/02 0
0800015528755 O 03/01/32
0
7885378 696/G01 F 600,000.00 ZZ
360 592,687.02 1
6.625 3,841.87 75
6.375 3,841.87
LEESBURG VA 20175 1 02/13/02 00
0433688686 05 04/01/02 0
24402010 O 03/01/32
0
1
7890460 E22/G01 F 316,200.00 ZZ
360 312,188.81 1
6.875 2,077.21 79
6.625 2,077.21
COSTA MESA CA 92627 2 02/05/02 00
0413254715 05 04/01/02 0
0413254715 O 03/01/32
0
7890480 E22/G01 F 260,000.00 ZZ
360 257,130.33 1
7.000 1,729.79 60
6.750 1,729.79
MILPITAS CA 95035 5 02/04/02 00
0413457847 05 04/01/02 0
0413457847 O 03/01/32
0
7890542 E22/G01 F 640,000.00 ZZ
360 632,764.86 1
6.875 4,204.34 64
6.625 4,204.34
XXXXXXX OAKS CA 91403 2 02/01/02 00
0413564410 05 04/01/02 0
0413564410 O 03/01/32
0
7890544 E22/G01 F 320,000.00 ZZ
360 316,382.42 1
6.875 2,102.17 80
6.625 2,102.17
ELLICOTT CITY MD 21043 2 02/08/02 00
0413564766 03 04/01/02 0
0413564766 O 03/01/32
0
7890568 E22/G01 F 325,000.00 ZZ
360 320,725.28 1
7.000 2,162.23 78
6.750 2,162.23
FRESNO CA 93711 2 02/06/02 00
0413584525 05 04/01/02 0
0413584525 O 03/01/32
0
7890602 E22/G01 F 552,000.00 ZZ
360 545,759.58 1
1
6.875 3,626.25 80
6.625 3,626.25
XXXXXXXX CA 91010 1 02/07/02 00
0413601667 03 04/01/02 0
0413601667 O 03/01/32
0
7890612 E22/G01 F 392,050.00 ZZ
360 387,825.92 1
7.125 2,641.31 70
6.875 2,641.31
MOUNTAIN VIEW CA 94043 5 02/01/02 00
0413611005 05 04/01/02 0
0413611005 O 03/01/32
0
7890614 E22/G01 F 620,000.00 ZZ
360 613,156.97 1
7.000 4,124.88 12
6.750 4,124.88
MONTE SERENO CA 95030 2 02/04/02 00
0413611708 05 04/01/02 0
0413611708 O 03/01/32
0
7890634 E22/G01 F 128,800.00 ZZ
360 127,308.76 1
6.750 835.39 80
6.500 835.39
KAUFMAN TX 75142 5 02/08/02 00
0413630591 05 04/01/02 0
0413630591 O 03/01/32
0
7890646 E22/G01 F 345,000.00 ZZ
360 341,076.92 1
6.875 2,266.40 75
6.625 2,266.40
CHEYENNE WY 82009 1 02/14/02 00
0413637091 05 04/01/02 0
0413637091 O 03/01/32
0
7890658 E22/G01 F 341,600.00 ZZ
360 336,644.91 1
6.875 2,244.07 70
6.625 2,244.07
ORANGE CA 92867 5 02/08/02 00
0413655119 05 04/01/02 0
1
0413655119 O 03/01/32
0
7891716 E82/G01 F 473,500.00 ZZ
360 468,520.20 1
7.250 3,230.10 70
7.000 3,230.10
VIENNA VA 22182 2 02/08/02 00
0400580783 03 04/01/02 0
2642467 O 03/01/32
0
7898556 964/G01 F 313,000.00 ZZ
360 309,545.35 1
7.000 2,082.40 74
6.750 2,082.40
SAN JOSE CA 95122 2 02/19/02 00
0433743747 05 04/01/02 0
400188056 O 03/01/32
0
7898966 225/G01 F 307,500.00 ZZ
360 301,432.71 1
6.250 1,893.33 75
6.000 1,893.33
VERONA NJ 07044 5 12/20/01 00
0433724465 03 02/01/02 0
006207276 O 01/01/32
0
7898972 225/G01 F 650,000.00 ZZ
360 642,253.19 1
7.375 4,489.39 76
7.125 4,489.39
XXXXXX SPRING FL 34134 1 12/10/01 00
0433724556 05 02/01/02 0
006510820 O 01/01/32
0
7898990 225/G01 F 376,700.00 ZZ
360 371,662.73 1
7.125 2,537.90 68
6.875 2,537.90
BERNARDS TOWN NJ 07920 2 12/19/01 00
0433693413 05 02/01/02 0
006561361 O 01/01/32
0
1
7898994 225/G01 F 374,925.00 ZZ
360 367,079.66 1
6.250 2,308.48 75
6.000 2,308.48
LEBANON TWP NJ 08826 1 12/20/01 00
0433724804 05 02/01/02 0
006561681 O 01/01/32
0
7899000 225/G01 F 520,000.00 ZZ
360 512,095.83 1
6.875 3,416.03 55
6.625 3,416.03
STAMFORD CT 06902 2 12/21/01 00
0433724820 05 02/01/02 0
006562752 O 01/01/32
0
7899002 225/G01 F 430,000.00 ZZ
360 424,358.45 1
6.875 2,824.79 70
6.625 2,824.79
LARCHMONT NY 10538 2 12/21/01 00
0433724903 05 02/01/02 0
006562764 O 01/01/32
0
7899008 225/G01 F 400,100.00 ZZ
360 394,850.75 1
6.875 2,628.37 67
6.625 2,628.37
FAIRFIELD CT 06430 1 12/28/01 00
0433724952 03 02/01/02 0
006564412 O 01/01/32
0
7899012 225/G01 F 424,000.00 ZZ
360 414,092.32 1
6.250 2,610.64 66
6.000 2,610.64
PURCELLVILLE VA 20132 1 12/14/01 00
0433695368 05 02/01/02 0
006564681 O 01/01/32
0
7899030 225/G01 F 321,300.00 ZZ
360 316,367.64 1
7.000 2,137.62 90
6.750 2,137.62
1
CUSHING MN 56443 1 12/04/01 10
0433725173 05 02/01/02 25
007301678 O 01/01/32
0
7899054 225/G01 F 350,000.00 T
360 344,832.67 1
6.250 2,155.02 54
6.000 2,155.02
TAVERNIER FL 33070 2 12/14/01 00
0433725132 05 02/01/02 0
007321670 O 01/01/32
0
7899058 225/G01 F 421,600.00 ZZ
360 414,469.10 1
6.875 2,769.62 80
6.625 2,769.62
LINCOLNWOOD IL 60712 2 12/19/01 00
0433724861 05 02/01/02 0
007322306 O 01/01/32
0
7899074 225/G01 F 373,000.00 ZZ
360 367,868.23 1
6.625 2,388.36 63
6.375 2,388.36
CUYAHOGA FALL OH 44223 2 12/13/01 00
0433692233 05 02/01/02 0
007325481 O 01/01/32
0
7899076 225/G01 F 408,000.00 ZZ
360 402,115.92 1
6.375 2,545.39 71
6.125 2,545.39
EVERGREEN CO 80439 5 12/21/01 00
0433725116 05 02/01/02 0
007326112 O 01/01/32
0
7899078 225/G01 F 353,600.00 ZZ
360 348,848.98 1
6.750 2,293.45 80
6.500 2,293.45
VIENNA VA 22182 2 12/20/01 00
0433725041 03 02/01/02 0
007326485 O 01/01/32
0
1
7899080 225/G01 F 543,000.00 ZZ
360 535,704.31 1
6.750 3,521.89 62
6.500 3,521.89
REDDING CT 06896 2 12/17/01 00
0433700994 03 02/01/02 0
007327508 O 01/01/32
0
7899082 225/G01 F 510,000.00 T
360 503,147.59 1
6.750 3,307.86 65
6.500 3,307.86
BIGFORK MT 59911 2 12/14/01 00
0433725033 05 02/01/02 0
007327781 O 01/01/32
0
7899086 225/G01 F 395,000.00 ZZ
360 389,817.59 1
6.875 2,594.87 53
6.625 2,594.87
SHARON MA 02067 2 12/18/01 00
0433725017 05 02/01/02 0
007328169 O 01/01/32
0
7899088 225/G01 F 379,000.00 ZZ
360 373,489.66 1
6.625 2,426.78 57
6.375 2,426.78
XXXXXXXX GA 30907 2 12/19/01 00
0433695467 05 02/01/02 0
007328190 O 01/01/32
0
7899156 225/G01 F 430,000.00 ZZ
360 424,077.58 1
6.750 2,788.97 63
6.500 2,788.97
CARMEL VALLEY CA 93924 2 12/14/01 00
0433695731 05 02/01/02 0
008469180 O 01/01/32
0
7899162 225/G01 F 567,400.00 ZZ
360 560,637.69 1
1
7.375 3,918.89 77
7.125 3,918.89
LOS GATOS CA 95033 2 12/17/01 00
0433724960 05 02/01/02 0
008471685 O 01/01/32
0
7899170 225/G01 F 639,920.00 ZZ
360 630,424.74 1
6.250 3,940.10 80
6.000 3,940.10
STAMFORD CT 06902 1 12/26/01 00
0433700770 01 02/01/02 0
006562616 O 01/01/32
0
7899174 225/G01 F 400,000.00 ZZ
360 393,566.48 1
7.500 2,796.86 43
7.250 2,796.86
VERO BEACH FL 32967 1 12/21/01 00
0433725181 01 02/01/02 0
008468688 O 01/01/32
0
7899178 225/G01 F 500,000.00 ZZ
360 493,440.09 1
6.875 3,284.64 80
6.625 3,284.64
FAIRFAX VA 22030 2 12/21/01 00
0433724937 03 02/01/02 0
006562739 O 01/01/32
0
7899188 225/G01 F 575,500.00 ZZ
360 567,393.01 1
6.500 3,637.56 68
6.250 3,637.56
LEESBURG VA 20175 2 12/28/01 00
0433692035 03 02/01/02 0
007325473 O 01/01/32
0
7899196 225/G01 F 643,000.00 ZZ
360 634,563.73 1
6.875 4,224.06 58
6.625 4,224.06
LITTLETON CO 80126 2 12/11/01 00
0433725009 03 02/01/02 0
1
007328262 O 01/01/32
0
7899198 225/G01 F 480,000.00 ZZ
360 471,938.05 1
6.875 3,153.26 80
6.625 3,153.26
EVERGREEN CO 80439 2 12/13/01 00
0433724994 03 02/01/02 0
007328318 O 01/01/32
0
7899202 225/G01 F 392,000.00 ZZ
360 386,733.06 1
6.750 2,542.51 80
6.500 2,542.51
LAKEWOOD CO 80228 2 12/20/01 00
0433725090 03 02/01/02 0
007328737 O 01/01/32
0
7899210 225/G01 F 421,500.00 ZZ
360 402,799.63 1
6.375 2,629.61 63
6.125 2,629.61
ALBUQUERQUE NM 87111 5 12/05/01 00
0433725074 03 02/01/02 0
008469577 O 01/01/32
0
7899212 225/G01 F 510,500.00 ZZ
360 503,641.04 1
6.750 3,311.09 80
6.500 3,311.09
BASKING RIDGE NJ 07920 2 12/20/01 00
0433695632 03 02/01/02 0
008470873 O 01/01/32
0
7899214 225/G01 F 345,000.00 ZZ
360 340,268.40 1
6.750 2,237.66 76
6.500 2,237.66
CHARLOTTE NC 28226 2 12/18/01 00
0433724978 03 02/01/02 0
008471406 O 01/01/32
0
1
7901480 E82/G01 F 173,100.00 ZZ
360 170,607.54 1
6.000 1,037.82 67
5.750 1,037.82
GOLD RIVER CA 95670 2 01/17/02 00
0400552055 03 03/01/02 0
0400552055 O 02/01/32
0
7908766 964/G01 F 368,000.00 ZZ
360 364,035.07 1
7.125 2,479.28 80
6.875 2,479.28
GLENDALE CA 91208 1 02/22/02 00
0433734571 05 04/01/02 0
188491 O 03/01/32
0
7910270 E22/G01 F 924,000.00 ZZ
360 914,743.29 1
7.500 6,460.74 70
7.250 6,460.74
HOUSTON TX 77024 2 02/11/02 00
0413118449 05 04/01/02 0
0413118449 O 03/01/32
0
7911180 E82/G01 F 329,000.00 ZZ
360 325,368.75 1
7.000 2,188.85 60
6.750 2,188.85
SANTA ROSA CA 95404 2 02/12/02 00
0400581716 05 04/01/02 0
3825540 O 03/01/32
0
7911188 E82/G01 F 265,900.00 ZZ
360 262,857.05 1
6.875 1,746.77 63
6.625 1,746.77
LAKE GROVE NY 11755 2 02/12/02 00
0400531182 05 04/01/02 0
0400531182 O 03/01/32
0
7911204 E82/G01 F 218,000.00 ZZ
360 214,798.78 1
6.875 1,432.10 74
6.625 1,432.10
1
SANTA BARBARA CA 93101 2 02/12/02 00
0400549614 01 04/01/02 0
1519892 O 03/01/32
0
7911212 E82/G01 F 396,700.00 ZZ
360 392,187.40 1
7.000 2,639.25 77
6.750 2,639.25
CAMPBELL CA 95008 2 02/08/02 00
0400579991 05 04/01/02 0
4014555 O 03/01/32
0
7912274 M27/G01 F 498,500.00 ZZ
360 492,998.09 1
7.000 3,316.53 56
6.750 3,316.53
RICHMOND VA 23226 5 02/21/02 00
0433769460 05 04/01/02 0
600736382 O 03/01/32
0
7922074 964/G01 F 324,000.00 ZZ
360 320,137.55 1
7.000 2,155.58 76
6.750 2,155.58
WESTLAKE VILLAG CA 91362 2 01/26/02 00
0433711918 01 03/01/02 0
163308 O 02/01/32
0
7930104 964/G01 F 329,000.00 ZZ
360 325,280.61 1
6.875 2,161.30 28
6.625 2,161.30
ORANGE CA 92867 2 02/21/02 00
0433729548 03 04/01/02 0
185697 O 03/01/32
0
7932808 E82/G01 F 606,000.00 ZZ
360 599,470.75 1
7.125 4,082.73 64
6.875 4,082.73
KIHEI HI 96753 2 02/14/02 00
0400581989 03 04/01/02 0
1619442 O 03/01/32
0
1
7932810 E82/G01 F 905,000.00 ZZ
360 895,481.94 1
7.250 6,173.70 54
7.000 6,173.70
LOS ANGELES CA 90018 2 02/07/02 00
0400583787 05 04/01/02 0
1764320 O 03/01/32
0
7934556 111/111 F 362,500.00 ZZ
360 355,208.88 1
7.000 2,411.72 64
6.750 2,411.72
MILPITAS CA 95035 5 04/25/01 00
923818 05 06/01/01 0
923818 O 05/01/31
0
7934560 111/111 F 570,000.00 ZZ
360 556,674.13 1
7.000 3,792.22 75
6.750 3,792.22
SAN CLEMENTE CA 92672 1 06/12/01 00
946094 03 08/01/01 0
946094 O 07/01/31
0
7934564 111/111 F 461,000.00 T
360 454,281.57 1
6.750 2,990.04 55
6.500 2,990.04
MORRO BAY CA 93442 2 10/31/01 00
961785 05 01/01/02 0
961785 O 12/01/31
0
7934578 111/111 F 325,000.00 ZZ
360 320,139.34 1
6.875 2,135.02 45
6.625 2,135.02
GREENBRAE CA 94904 5 10/16/01 00
972396 05 12/01/01 0
972396 O 11/01/31
0
7934580 111/111 F 650,000.00 ZZ
360 640,306.64 1
1
6.625 4,162.02 80
6.375 4,162.02
BEND OR 97701 2 11/28/01 00
980690 03 01/01/02 0
980690 O 12/01/31
0
7934582 111/111 F 350,000.00 ZZ
360 344,969.72 1
6.750 2,270.09 51
6.500 2,270.09
FOSTER CITY CA 94404 5 11/07/01 00
983533 05 01/01/02 0
983533 O 12/01/31
0
7934584 111/111 F 500,000.00 ZZ
360 492,466.50 1
6.500 3,160.34 59
6.250 3,160.34
XXXXXXX OAKS CA 91423 5 11/19/01 00
987430 05 01/01/02 0
987430 O 12/01/31
0
7934596 111/111 F 490,000.00 ZZ
360 480,442.87 1
6.500 3,097.13 75
6.250 3,097.13
SAN CLEMENTE CA 92673 1 01/20/02 00
1008645 03 03/01/02 0
1008645 O 02/01/32
0
7945828 E85/G01 F 389,000.00 ZZ
360 378,608.83 1
6.750 2,523.05 44
6.500 2,523.05
NOVATO CA 94947 2 01/25/02 00
0433716784 05 03/01/02 0
9611584 O 02/01/32
0
7953772 975/G01 F 332,500.00 ZZ
360 328,830.19 1
7.000 2,212.13 70
6.750 2,212.13
BURBANK CA 91501 5 02/20/02 00
0433736980 05 04/01/02 0
1
2016195 O 03/01/32
0
7957798 E22/G01 F 335,000.00 ZZ
360 331,121.27 1
6.750 2,172.80 41
6.500 2,172.80
LOS GATOS CA 95032 2 02/05/02 00
0413420191 05 04/01/02 0
0413420191 O 03/01/32
0
7957812 E22/G01 F 190,000.00 ZZ
360 187,852.13 1
6.875 1,248.16 46
6.625 1,248.16
MISSION VIEJO CA 92692 2 02/07/02 00
0413477050 03 04/01/02 0
0413477050 O 03/01/32
0
7957836 E22/G01 F 485,000.00 ZZ
360 478,414.30 1
7.125 3,267.53 65
6.875 3,267.53
GILROY CA 95020 5 02/06/02 00
0413514332 05 04/01/02 0
0413514332 O 03/01/32
0
7957930 E22/G01 F 400,000.00 ZZ
360 395,257.14 1
6.625 2,561.24 62
6.375 2,561.24
PROSPECT KY 40059 1 02/15/02 00
0413597642 05 04/01/02 0
0413597642 O 03/01/32
0
7957974 E22/G01 F 313,000.00 ZZ
360 305,912.49 1
7.000 2,082.40 69
6.750 2,082.40
DALY CITY CA 94015 2 02/05/02 00
0413618802 05 04/01/02 0
0413618802 O 03/01/32
0
1
7958000 E22/G01 F 332,000.00 ZZ
360 328,335.76 1
7.000 2,208.80 80
6.750 2,208.80
SANTA CLARITA CA 91351 2 02/08/02 00
0413630476 03 04/01/02 0
0413630476 O 03/01/32
0
7958040 E22/G01 F 195,000.00 ZZ
360 192,795.55 1
6.875 1,281.01 30
6.625 1,281.01
HOUSTON TX 77024 5 02/13/02 00
0413644121 05 04/01/02 0
0413644121 O 03/01/32
0
7958046 E22/G01 F 330,500.00 ZZ
360 326,750.55 1
7.000 2,198.82 49
6.750 2,198.82
JUPITER FL 33469 5 02/12/02 00
0413646316 05 04/01/02 0
0413646316 O 03/01/32
0
7959980 E82/G01 F 292,500.00 ZZ
360 289,197.34 1
7.125 1,970.63 64
6.875 1,970.63
PASADENA CA 91105 2 02/13/02 00
0400584439 05 04/01/02 0
1744327 O 03/01/32
0
7959992 E82/G01 F 391,200.00 ZZ
360 386,126.20 1
7.000 2,602.66 80
6.750 2,602.66
COTATI CA 95431 2 02/08/02 00
0400576377 05 04/01/02 0
3379515 O 03/01/32
0
7959994 E82/G01 F 276,000.00 ZZ
360 273,087.28 1
7.375 1,906.26 74
7.125 1,906.26
1
EAST PATCHOGUE NY 11772 2 02/12/02 00
0400561486 05 04/01/02 0
1982191 O 03/01/32
0
7960004 E82/G01 F 347,800.00 ZZ
360 343,868.10 1
6.875 2,284.80 78
6.625 2,284.80
DALY CITY CA 94015 2 02/13/02 00
0400579819 05 04/01/02 0
7960004 O 03/01/32
0
7962360 286/286 F 65,000.00 ZZ
360 60,322.81 1
6.875 427.00 41
6.625 427.00
BATTLE GROUND WA 98604 5 11/05/01 00
9926899 05 01/01/02 0
9926899 O 12/01/31
0
7962646 286/286 F 555,000.00 ZZ
360 542,799.31 1
6.625 3,553.73 68
6.375 3,553.73
ATLANTA GA 30306 2 11/12/01 00
0627971 05 01/01/02 0
627971 O 12/01/31
0
7965230 B57/G01 F 775,000.00 ZZ
360 766,446.35 1
7.000 5,156.09 60
6.750 5,156.09
(STUDIO CITY AR CA 91604 5 02/25/02 00
0433744372 05 04/01/02 0
10000202 O 03/01/32
0
7966278 286/286 F 156,000.00 ZZ
360 153,861.93 1
7.000 1,037.88 75
6.750 1,037.88
PORTLAND OR 97202 2 11/12/01 00
0662000 05 01/01/02 0
662000 O 12/01/31
0
1
7966338 E84/G01 F 375,000.00 ZZ
360 370,309.94 1
7.125 2,526.44 39
6.875 2,526.44
SAN CARLOS CA 94070 5 12/10/01 00
0433716859 05 02/01/02 0
37013821 O 01/01/32
0
7967120 964/G01 F 418,000.00 ZZ
360 413,496.33 1
7.125 2,816.14 74
6.875 2,816.14
LONG BEACH CA 90815 1 02/01/02 00
0433692688 05 04/01/02 0
185120 O 03/01/32
0
7967526 952/G01 F 692,000.00 ZZ
360 684,305.28 1
7.125 4,662.14 58
6.875 4,662.14
RIDGEWOOD NJ 07450 5 02/13/02 00
0433716123 05 04/01/02 0
20014562 O 03/01/32
0
7969796 E84/G01 F 430,000.00 ZZ
360 424,995.62 1
7.125 2,896.99 52
6.875 2,896.99
OAKLAND CA 94611 2 01/04/02 00
0433712452 05 03/01/02 0
37013847 O 02/01/32
0
7970588 B57/G01 F 745,500.00 ZZ
360 737,072.18 1
6.875 4,897.40 70
6.625 4,897.40
LOS ANGELES CA 91436 1 02/22/02 00
0433716255 05 04/01/02 0
10001160 O 03/01/32
0
7970664 E60/G01 F 408,000.00 ZZ
360 403,496.80 1
1
7.000 2,714.44 51
6.750 2,714.44
OJAI AREA CA 93023 2 02/25/02 00
0433773348 05 04/01/02 0
521857 O 03/01/32
0
7980462 E22/G01 F 779,000.00 ZZ
360 769,980.43 1
6.750 5,052.58 65
6.500 5,052.58
DEL MAR CA 92014 5 02/12/02 00
0413394750 05 04/01/02 0
0413394750 O 03/01/32
0
7980464 E22/G01 F 397,500.00 ZZ
360 393,006.29 1
6.875 2,611.29 75
6.625 2,611.29
DUBLIN CA 94568 5 02/08/02 00
0413407941 05 04/01/02 0
0413407941 O 03/01/32
0
7980534 E22/G01 F 500,000.00 ZZ
360 494,612.83 1
7.125 3,368.59 74
6.875 3,368.59
COSTA MESA CA 92626 2 02/11/02 00
0413590928 05 04/01/02 0
0413590928 O 03/01/32
0
7980546 E22/G01 F 399,000.00 ZZ
360 394,489.25 1
6.875 2,621.15 70
6.625 2,621.15
SAN FRANCISCO CA 94122 5 02/11/02 00
0413613902 05 04/01/02 0
0413613902 O 03/01/32
0
7981118 E82/G01 F 287,100.00 ZZ
360 283,931.32 1
7.000 1,910.08 70
6.750 1,910.08
FREMONT CA 94536 2 02/14/02 00
0400586806 05 04/01/02 0
1
1803788 O 03/01/32
0
7981120 E82/G01 F 311,500.00 ZZ
360 308,143.79 1
7.125 2,098.63 67
6.875 2,098.63
DALY CITY CA 94015 2 02/18/02 00
0400584413 05 04/01/02 0
0400584413 O 03/01/32
0
7985488 E87/G01 F 530,000.00 ZZ
360 521,908.83 1
6.875 3,481.72 43
6.625 3,481.72
SANTA BARBARA CA 93110 2 02/25/02 00
0433736360 05 04/01/02 0
70004028 O 03/01/32
0
7990242 E84/G01 F 469,000.00 ZZ
360 463,671.77 1
7.250 3,199.41 59
7.000 3,199.41
NAPLES FL 34110 2 01/17/02 00
0433710449 03 03/01/02 0
73410682 O 02/01/32
0
7996030 696/G01 F 868,075.00 ZZ
360 859,378.47 1
7.500 6,069.71 65
7.250 6,069.71
ROUND HILL VA 20141 2 02/15/02 00
0433714599 05 04/01/02 0
10002008 O 03/01/32
0
7998760 B57/G01 F 350,000.00 ZZ
360 346,043.26 1
6.875 2,299.25 77
6.625 2,299.25
XXXXXXX OAKS AR CA 91423 1 02/25/02 00
0433738697 05 04/01/02 0
10000552 O 03/01/32
0
1
8000914 964/G01 F 337,500.00 ZZ
360 333,863.65 1
7.125 2,273.80 75
6.875 2,273.80
OAKLAND CA 94611 5 02/26/02 00
0433757259 05 04/01/02 0
189789 O 03/01/32
0
8002316 E22/G01 F 320,000.00 ZZ
360 316,382.42 1
6.875 2,102.17 54
6.625 2,102.17
SAN MATEO CA 94403 2 02/08/02 00
0413384942 05 04/01/02 0
0413384942 O 03/01/32
0
8002418 E22/G01 F 637,000.00 ZZ
360 630,300.61 1
7.250 4,345.46 70
7.000 4,345.46
HOUSTON TX 77024 5 02/15/02 00
0413607896 05 04/01/02 0
0413607896 O 03/01/32
0
8002442 E22/G01 F 353,200.00 ZZ
360 349,092.16 1
7.125 2,379.57 53
6.875 2,379.57
VALLEY CENTER CA 92082 5 02/08/02 00
0413617572 03 04/01/02 0
0413617572 O 03/01/32
0
8002480 E22/G01 F 345,000.00 ZZ
360 341,192.27 1
7.000 2,295.29 60
6.750 2,295.29
NORTHBROOK IL 60062 2 02/15/02 00
0413648817 05 04/01/02 0
0413648817 O 03/01/32
0
8002508 E22/G01 F 480,000.00 ZZ
360 472,978.83 1
6.875 3,153.26 80
6.625 3,153.26
1
LIVERMORE CA 94550 1 02/11/02 00
0413671769 05 04/01/02 0
0413671769 O 03/01/32
0
8003068 E82/G01 F 397,300.00 ZZ
360 392,808.50 1
6.875 2,609.98 51
6.625 2,609.98
GLENVIEW IL 60025 2 02/15/02 00
0400549077 05 04/01/02 0
2960904 O 03/01/32
0
8003076 E82/G01 F 350,000.00 ZZ
360 345,947.61 1
6.750 2,270.09 54
6.500 2,270.09
MCLEAN VA 22102 2 02/19/02 00
0400530663 05 04/01/02 0
0400530663 O 03/01/32
0
8003084 E82/G01 F 358,400.00 ZZ
360 354,348.31 1
6.875 2,354.43 80
6.625 2,354.43
SANTA CLARITA CA 91321 2 02/20/02 00
0400580981 05 04/01/02 0
2965045 O 03/01/32
0
8003584 M45/G01 F 330,000.00 ZZ
360 326,066.01 1
7.000 2,195.50 74
6.750 2,195.50
REDDING CA 96002 1 01/29/02 00
0433712106 05 03/01/02 0
A0313911 O 02/01/32
0
8003602 M45/G01 F 404,000.00 ZZ
360 399,458.88 1
7.000 2,687.83 37
6.750 2,687.83
XXXXXX CENTRE MA 02459 5 02/02/02 00
0433703832 05 04/01/02 0
A0309570 O 03/01/32
0
1
8003604 M45/G01 F 490,000.00 ZZ
360 484,419.97 1
7.375 3,384.31 73
7.125 3,384.31
LOS ANGELES CA 90046 5 01/30/02 00
0433700515 05 03/01/02 0
A0325600 O 02/01/32
0
8003610 M45/G01 F 650,000.00 ZZ
360 641,530.82 1
6.125 3,949.47 24
5.875 3,949.47
LAGUNA BEACH CA 92651 2 02/08/02 00
0433706272 03 04/01/02 0
A0327488 O 03/01/32
0
8003614 M45/G01 F 313,000.00 ZZ
360 308,698.38 1
6.250 1,927.20 47
6.000 1,927.20
SAN JOSE CA 95129 2 01/31/02 00
0433705308 05 03/01/02 0
A0327330 O 02/01/32
0
8003624 M45/G01 F 400,000.00 ZZ
360 395,368.54 1
6.750 2,594.40 71
6.500 2,594.40
ALBERTSON NY 11507 1 02/11/02 00
0433719069 05 04/01/02 0
A0309916 O 03/01/32
0
8003626 M45/G01 F 480,000.00 ZZ
360 474,702.12 1
7.000 3,193.46 44
6.750 3,193.46
OAKLAND CA 94705 2 01/31/02 00
0433706686 05 04/01/02 0
A0301898 O 03/01/32
0
8003628 M45/G01 F 442,000.00 ZZ
360 436,759.00 1
1
6.625 2,830.18 50
6.375 2,830.18
SAN MATEO CA 94403 2 01/31/02 00
0433707015 05 04/01/02 0
A0327713 O 03/01/32
0
8003634 M45/G01 F 421,700.00 ZZ
360 416,901.00 1
6.875 2,770.27 57
6.625 2,770.27
DUBLIN CA 94568 5 02/08/02 00
0433709656 03 04/01/02 0
A0320892 O 03/01/32
0
8003636 M45/G01 F 525,000.00 ZZ
360 518,597.24 1
6.625 3,361.64 67
6.375 3,361.64
LAFAYETTE CA 94549 5 02/11/02 00
0433707304 05 04/01/02 0
A0326375 O 03/01/32
0
8003644 M45/G01 F 470,000.00 ZZ
360 462,477.32 1
7.125 3,166.48 43
6.875 3,166.48
MOUNTAIN VIEW CA 94040 5 01/30/02 00
0433703576 05 03/01/02 0
A0312985 O 02/01/32
0
8003646 M45/G01 F 573,000.00 ZZ
360 566,522.11 1
6.875 3,764.21 53
6.625 3,764.21
MOUNTAIN VIEW CA 94040 2 02/12/02 00
0433706371 05 04/01/02 0
A0297548 O 03/01/32
0
8003650 M45/G01 F 470,000.00 ZZ
360 464,686.59 1
6.875 3,087.57 73
6.625 3,087.57
SAN FRANCISCO CA 94127 5 02/05/02 00
0433709680 05 04/01/02 0
1
A0326828 O 03/01/32
0
8003652 M45/G01 F 377,000.00 ZZ
360 372,172.37 1
6.625 2,413.98 79
6.375 2,413.98
RENO NV 89503 2 01/24/02 00
0433703261 03 03/01/02 0
A0327049 O 02/01/32
0
8008588 E84/G01 F 426,000.00 ZZ
360 421,042.17 1
7.125 2,870.04 68
6.875 2,870.04
LOS ALAMITOS CA 90720 5 01/11/02 00
0433708773 05 03/01/02 0
75513730 O 02/01/32
0
8009232 H58/G01 F 398,500.00 ZZ
360 393,862.18 1
7.125 2,684.77 65
6.875 2,684.77
SAN JOSE CA 95126 2 01/29/02 00
0433726718 05 03/01/02 0
0000087723 O 02/01/32
0
8016288 116/116 F 429,450.00 ZZ
360 424,594.93 1
6.875 2,821.19 68
6.625 2,821.19
MONTGOMERY TX 77356 2 02/28/02 00
091021418 03 04/01/02 0
091021418 O 03/01/32
0
8020540 E44/G01 F 636,000.00 ZZ
360 629,147.45 1
7.125 4,284.85 80
6.875 4,284.85
BOUNTIFUL UT 84010 4 02/27/02 00
0433728417 05 04/01/02 0
52000182 O 03/01/32
0
1
8022776 B57/G01 F 625,000.00 ZZ
360 611,882.62 1
6.625 4,001.94 70
6.375 4,001.94
LOS ANGELES CA 90056 5 02/26/02 00
0433763901 05 04/01/02 0
2119824 O 03/01/32
0
8024796 964/G01 F 148,000.00 ZZ
360 146,326.78 1
6.875 972.26 62
6.625 972.26
PORTLAND OR 97219 1 02/28/02 00
0433750429 05 04/01/02 0
192254 O 03/01/32
0
8025824 E22/G01 F 399,950.00 ZZ
360 394,394.58 1
7.000 2,660.88 63
6.750 2,660.88
PACIFIC GROVE CA 93950 2 02/14/02 00
0413616012 05 04/01/02 0
0413616012 O 03/01/32
0
8026402 E82/G01 F 207,000.00 ZZ
360 204,769.66 1
7.125 1,394.60 71
6.875 1,394.60
HICKSVILLE NY 11801 2 02/20/02 00
0400579371 05 04/01/02 0
1991505 O 03/01/32
0
8026566 E82/G01 F 400,000.00 ZZ
360 395,585.19 1
7.000 2,661.21 73
6.750 2,661.21
SAN JOSE CA 95136 5 02/21/02 00
0400588513 05 04/01/02 0
0400588513 O 03/01/32
0
8026572 E82/G01 F 120,000.00 ZZ
360 117,580.75 1
6.750 778.32 44
6.500 778.32
1
ENGLEWOOD CO 80112 5 02/21/02 00
0400586590 05 04/01/02 0
0400586590 O 03/01/32
0
8030252 405/405 F 400,000.00 ZZ
300 390,994.78 1
7.000 2,827.12 63
6.500 2,827.12
EDGEWATER MD 21037 2 11/02/01 00
0012586418 05 12/01/01 0
12586418 O 11/01/26
0
8030262 405/405 F 354,400.00 ZZ
360 349,524.04 1
6.625 2,269.27 80
6.375 2,269.27
VIRGINIA BEACH VA 23456 1 12/21/01 00
0012664140 05 02/01/02 0
12664140 O 01/01/32
0
8030266 405/405 F 363,000.00 ZZ
360 356,354.86 1
6.625 2,324.33 49
6.375 2,324.33
DENVER CO 80206 2 01/09/02 00
0012675856 05 03/01/02 0
12675856 O 02/01/32
0
8030278 405/405 F 448,000.00 ZZ
360 440,286.33 1
7.000 2,980.56 80
6.500 2,980.56
CARLSBAD CA 92009 1 12/20/01 00
0012772190 05 02/01/02 0
12772190 O 01/01/32
0
8030280 405/405 F 353,980.00 ZZ
360 346,770.87 1
6.750 2,295.91 77
6.500 2,295.91
VIRGINIA BEACH VA 23451 2 12/17/01 00
0012779757 05 02/01/02 0
12779757 O 01/01/32
0
1
8030284 405/405 F 401,000.00 ZZ
360 275,502.98 1
6.750 2,600.88 47
6.500 2,600.88
LOS ANGELES CA 91604 2 12/20/01 00
0012784419 05 02/01/02 0
12784419 O 01/01/32
0
8030286 405/405 F 413,000.00 ZZ
360 407,957.28 1
6.875 2,713.12 62
6.500 2,713.12
LOS ANGELES CA 90045 2 01/10/02 00
0012792412 05 03/01/02 0
12792412 O 02/01/32
0
8030290 405/405 F 360,000.00 ZZ
360 353,540.34 1
6.875 2,364.94 53
6.500 2,364.94
LOS ANGELES CA 91367 5 12/29/01 00
0012794921 03 03/01/02 0
12794921 O 02/01/32
0
8030300 405/405 F 650,000.00 ZZ
360 642,251.22 1
7.000 4,324.47 75
6.500 4,324.47
REDONDO BEACH CA 90277 2 01/30/02 00
0018023242 05 03/01/02 0
18023242 O 02/01/32
0
8030304 405/405 F 424,000.00 ZZ
360 419,320.20 1
7.000 2,820.89 80
6.500 2,820.89
LOS ANGELES CA 91367 2 02/01/02 00
0018065490 05 04/01/02 0
18065490 O 03/01/32
0
8030306 405/405 F 650,000.00 ZZ
360 642,063.54 1
1
6.875 4,270.04 34
6.500 4,270.04
LOS ALTOS HILLS CA 94022 2 01/25/02 00
0018082107 05 03/01/02 0
18082107 O 02/01/32
0
8030314 405/405 F 440,500.00 ZZ
360 432,585.27 1
6.625 2,820.57 49
6.375 2,820.57
PIEDMONT CA 94611 5 01/23/02 00
0018096339 05 03/01/02 0
18096339 O 02/01/32
0
8030318 405/405 F 395,000.00 ZZ
360 390,534.50 1
6.875 2,594.87 51
6.500 2,594.87
RANCHO CUCAMONG CA 91737 2 02/01/02 00
0018110395 05 04/01/02 0
18110395 O 03/01/32
0
8030322 405/405 F 326,000.00 ZZ
360 321,825.45 1
6.625 2,087.42 46
6.375 2,087.42
MOUNT KISCO NY 10549 5 01/28/02 00
0018115402 05 03/01/02 0
18115402 O 02/01/32
0
8030326 405/405 F 364,000.00 ZZ
360 359,448.31 1
6.750 2,360.90 59
6.500 2,360.90
TAMPA FL 33609 2 01/31/02 00
0018116038 05 03/01/02 0
18116038 O 02/01/32
0
8030330 405/405 F 700,000.00 ZZ
360 684,721.96 1
7.125 4,716.03 64
6.625 4,716.03
TIBURON CA 94920 5 01/23/02 00
0018122861 05 03/01/02 0
1
18122861 O 02/01/32
0
8030334 405/405 F 405,000.00 ZZ
360 400,171.88 1
7.000 2,694.48 78
6.500 2,694.48
THOUSAND OAKS CA 91360 2 01/25/02 00
0018125997 05 03/01/02 0
18125997 O 02/01/32
0
8030336 405/405 F 313,000.00 ZZ
360 308,585.34 1
6.875 2,056.19 64
6.500 2,056.19
GOLETA CA 93117 2 01/29/02 00
0018133827 05 03/01/02 0
18133827 O 02/01/32
0
8030338 405/405 F 545,000.00 ZZ
360 538,838.80 1
6.875 3,580.26 65
6.500 3,580.26
BURLINGAME CA 94010 5 02/01/02 00
0018140327 05 04/01/02 0
18140327 O 03/01/32
0
8030342 405/405 F 564,000.00 ZZ
360 557,276.42 1
7.000 3,752.31 80
6.500 3,752.31
SAN MATEO CA 94404 2 01/17/02 00
0018142679 03 03/01/02 0
18142679 O 02/01/32
0
8030352 405/405 F 413,000.00 ZZ
360 405,258.98 1
7.000 2,747.70 75
6.500 2,747.70
ESCONDIDO CA 92029 5 02/02/02 00
0018209924 05 04/01/02 0
18209924 O 03/01/32
0
1
8041400 405/405 F 510,000.00 ZZ
360 503,772.91 1
6.875 3,350.34 69
6.500 3,350.34
MURRIETA AREA CA 92562 5 01/15/02 00
0012794178 05 03/01/02 0
0012794178 O 02/01/32
0
8041402 405/405 F 529,050.00 ZZ
360 522,434.48 1
6.750 3,431.41 71
6.500 3,431.41
ARLINGTON TX 76016 2 01/04/02 00
0012803888 05 03/01/02 0
0012803888 O 02/01/32
0
8041404 405/405 F 375,000.00 ZZ
360 370,421.34 1
6.875 2,463.48 75
6.500 2,463.48
SANTA PAULA CA 93060 5 01/17/02 00
0012836334 05 03/01/02 0
0012836334 O 02/01/32
0
8041410 405/405 F 505,000.00 ZZ
360 495,607.48 1
7.125 3,402.28 68
6.625 3,402.28
OJAI AREA CA 93023 5 01/11/02 00
0012953717 05 03/01/02 0
0012953717 O 02/01/32
0
8041412 405/405 F 487,000.00 ZZ
360 481,053.82 1
6.875 3,199.24 63
6.500 3,199.24
DUBLIN CA 94568 2 01/24/02 00
0012959342 03 03/01/02 0
0012959342 O 02/01/32
0
8041418 405/405 F 500,000.00 ZZ
360 493,747.75 1
6.750 3,242.99 51
6.500 3,242.99
1
PORTLAND OR 97225 1 01/23/02 00
0012963229 05 03/01/02 0
0012963229 O 02/01/32
0
8041426 405/405 F 407,000.00 ZZ
360 402,230.38 1
6.875 2,673.70 54
6.500 2,673.70
POTOMAC MD 20854 2 02/08/02 00
0017782756 05 04/01/02 0
0017782756 O 03/01/32
0
8041438 405/405 F 412,500.00 ZZ
360 407,947.12 1
7.000 2,744.38 54
6.500 2,744.38
LIVERMORE CA 94550 2 02/01/02 00
0018122820 05 04/01/02 0
0018122820 O 03/01/32
0
8041454 405/405 F 333,000.00 ZZ
360 329,235.35 1
6.875 2,187.58 36
6.500 2,187.58
SAN JOSE CA 95120 2 02/01/02 00
0018172460 05 04/01/02 0
0018172460 O 03/01/32
0
8041468 405/405 F 340,000.00 ZZ
360 334,738.60 1
7.000 2,262.03 83
6.500 2,262.03
TULSA OK 74137 2 02/11/02 01
0018225755 05 04/01/02 12
0018225755 O 03/01/32
0
8041478 405/405 F 360,000.00 ZZ
360 355,226.47 1
6.500 2,275.45 80
6.250 2,275.45
BELTSVILLE MD 20705 2 02/15/02 00
0018228999 03 04/01/02 0
0018228999 O 03/01/32
0
1
8041480 405/405 F 410,500.00 ZZ
360 405,969.24 1
7.000 2,731.07 73
6.500 2,731.07
ANNAPOLIS MD 21401 2 02/14/02 00
0018229203 05 04/01/02 0
0018229203 O 03/01/32
0
8042674 405/405 F 337,000.00 ZZ
360 331,955.89 1
6.750 2,185.78 47
6.500 2,185.78
FOUNTAIN HILLS AZ 85264 5 11/21/01 00
0012694519 05 01/01/02 0
12694519 O 12/01/31
0
8042678 405/405 F 570,000.00 ZZ
360 557,692.80 1
6.625 3,649.77 62
6.375 3,649.77
DENVER CO 80218 5 12/10/01 00
0012722575 05 02/01/02 0
12722575 O 01/01/32
0
8043212 405/405 F 372,000.00 ZZ
360 367,001.94 1
6.750 2,412.78 79
6.500 2,412.78
LAKE OSWEGO OR 97035 2 12/18/01 00
0012835286 05 02/01/02 0
12835286 O 01/01/32
0
8047730 E22/G01 F 185,000.00 ZZ
360 182,958.14 1
7.000 1,230.81 64
6.750 1,230.81
LIVERMORE CA 94550 2 02/18/02 00
0413556200 05 04/01/02 0
0413556200 O 03/01/32
0
8047740 E22/G01 F 367,500.00 ZZ
360 362,839.19 1
1
6.625 2,353.14 68
6.375 2,353.14
WASHINGTON DC 20015 2 02/19/02 00
0413564337 05 04/01/02 0
0413564337 O 03/01/32
0
8047742 E22/G01 F 230,000.00 ZZ
360 227,336.92 1
6.750 1,491.78 77
6.500 1,491.78
WIMBERLEY TX 78676 5 02/20/02 00
0413564675 05 04/01/02 0
0413564675 O 03/01/32
0
8047774 E22/G01 F 315,000.00 ZZ
360 311,478.63 1
7.000 2,095.70 79
6.750 2,095.70
ALAMEDA CA 94501 2 01/30/02 00
0413601121 05 04/01/02 0
0413601121 O 03/01/32
0
8049136 E82/G01 F 153,000.00 ZZ
360 151,381.93 1
7.250 1,043.73 85
7.000 1,043.73
NEWARK TX 76071 2 02/22/02 04
0400559928 03 04/01/02 12
0400559928 O 03/01/32
0
8049150 E82/G01 F 296,000.00 ZZ
360 292,886.95 1
7.250 2,019.24 70
7.000 2,019.24
DALLAS TX 75248 2 02/22/02 00
0400584785 05 04/01/02 0
3458349 O 03/01/32
0
8049160 E82/G01 F 328,000.00 ZZ
360 324,291.91 1
6.875 2,154.73 80
6.625 2,154.73
LONGMONT CO 80503 5 02/22/02 00
0400589842 05 04/01/02 0
1
0400589842 O 03/01/32
0
8049172 E82/G01 F 371,200.00 ZZ
360 365,347.30 1
7.250 2,532.24 80
7.000 2,532.24
SUISUN CA 94585 2 02/07/02 00
0400577680 05 04/01/02 0
0400577680 O 03/01/32
0
8050192 E33/G01 F 700,000.00 ZZ
360 691,895.07 1
6.750 4,540.19 70
6.500 4,540.19
LAKE BLUFF IL 60044 2 02/20/02 00
0433720760 05 04/01/02 0
XXXX O 03/01/32
0
8052618 L20/G01 F 460,000.00 ZZ
360 454,798.36 1
6.875 3,021.87 80
6.625 3,021.87
SALT LAKE CITY UT 84103 1 03/01/02 00
0433750759 05 04/01/02 0
283248 O 03/01/32
0
8070462 E22/G01 F 366,000.00 ZZ
360 361,862.37 1
6.875 2,404.36 37
6.625 2,404.36
DANA POINT CA 92629 2 02/01/02 00
0413562695 03 04/01/02 0
0413562695 O 03/01/32
0
8070468 E22/G01 F 229,000.00 ZZ
360 223,905.81 1
7.000 1,523.54 63
6.750 1,523.54
KUNA ID 83634 2 02/15/02 00
0413565474 05 04/01/02 0
0413565474 O 03/01/32
0
1
8073634 998/998 F 375,000.00 ZZ
360 370,079.90 1
6.875 2,463.49 40
6.625 2,463.49
OCONOMOWOC WI 53066 2 12/29/01 00
12165637 05 02/01/02 0
2165637 O 01/01/32
0
8073640 998/998 F 322,500.00 ZZ
360 312,529.14 1
6.750 2,091.73 75
6.500 2,091.73
XXXXXXXXXX PARK NJ 07640 5 01/25/02 00
12228812 05 03/01/02 0
2228812 O 02/01/32
0
8073642 998/998 F 400,000.00 ZZ
360 395,455.62 1
7.250 2,728.71 49
7.000 2,728.71
FORT SALONGA NY 11768 1 01/25/02 00
12709330 05 03/01/02 0
2709330 O 02/01/32
0
8073650 998/998 F 450,000.00 ZZ
360 444,304.78 1
7.500 3,146.47 83
7.250 3,146.47
KIRTLAND OH 44094 2 01/08/02 12
13101615 05 03/01/02 12
3101615 O 02/01/32
0
8073652 998/998 F 336,000.00 ZZ
360 331,591.71 1
6.875 2,207.28 66
6.625 2,207.28
HUNTINGTON NY 11743 5 12/21/01 00
13107050 05 02/01/02 0
3107050 O 01/01/32
0
8085742 964/G01 F 421,500.00 ZZ
360 417,067.08 1
7.250 2,875.37 80
7.000 2,875.37
1
GREELEY CO 80634 2 02/08/02 00
0433717311 05 04/01/02 0
185442 O 03/01/32
0
8091106 E22/G01 F 551,500.00 ZZ
360 542,988.25 1
6.875 3,622.96 52
6.625 3,622.96
SAN JOSE CA 95125 2 02/20/02 00
0413667577 05 04/01/02 0
0413667577 O 03/01/32
0
8093822 405/405 F 412,000.00 ZZ
360 404,980.24 1
7.125 2,775.72 80
6.625 2,775.72
CASTLE ROCK CO 80104 1 02/15/02 00
0012950127 03 04/01/02 0
0012950127 O 03/01/32
0
8093828 405/405 F 349,500.00 ZZ
360 345,548.84 1
6.875 2,295.97 82
6.500 2,295.97
MT PLEASANT SC 29466 1 02/07/02 14
0012964904 03 04/01/02 12
0012964904 O 03/01/32
0
8093844 405/405 F 650,000.00 ZZ
360 642,825.87 1
7.000 4,324.47 78
6.500 4,324.47
ENGLEWOOD CO 80111 1 02/15/02 00
0012981932 03 04/01/02 0
0012981932 O 03/01/32
0
8093854 405/405 F 424,000.00 ZZ
360 419,090.71 1
6.750 2,750.06 80
6.500 2,750.06
PALM BEACH GARD FL 33418 2 02/15/02 00
0018004556 03 04/01/02 0
0018004556 O 03/01/32
0
1
8093872 405/405 F 365,000.00 ZZ
360 361,161.16 1
7.250 2,489.95 73
6.750 2,489.95
REDWOOD CITY CA 94063 2 02/14/02 00
0018139790 05 04/01/02 0
0018139790 O 03/01/32
0
8093882 405/405 F 548,000.00 ZZ
360 541,739.86 1
6.875 3,599.97 68
6.500 3,599.97
DELRAY BEACH FL 33483 5 02/25/02 00
0018204982 05 04/01/02 0
0018204982 O 03/01/32
0
8093892 405/405 F 480,000.00 ZZ
360 468,516.05 1
6.875 3,153.26 80
6.500 3,153.26
BOCA RATON FL 33496 1 02/28/02 00
0018228320 03 04/01/02 0
0018228320 O 03/01/32
0
8093906 405/405 F 432,400.00 ZZ
360 427,511.71 1
6.875 2,840.56 72
6.500 2,840.56
BELLAIRE TX 77401 1 02/28/02 00
0018241646 05 04/01/02 0
0018241646 O 03/01/32
0
8111934 E82/G01 F 568,000.00 ZZ
360 562,026.28 1
7.250 3,874.76 67
7.000 3,874.76
PRINCETON MA 01541 2 02/27/02 00
0400579777 05 04/01/02 0
3109395 O 03/01/32
0
8121366 R65/G01 F 354,000.00 ZZ
360 349,802.53 1
1
6.625 2,266.70 64
6.375 2,266.70
VENTURA CA 93003 1 02/08/02 00
0433737707 05 04/01/02 0
111706EE O 03/01/32
0
8125256 W53/G01 F 400,000.00 ZZ
360 394,622.55 1
6.500 2,528.28 34
6.250 2,528.28
PARK CITY UT 84098 5 01/29/02 00
0433764198 05 03/01/02 0
1301000421 O 02/01/32
0
8138822 E22/G01 F 335,200.00 ZZ
360 331,584.44 1
7.125 2,258.30 80
6.875 2,258.30
ISSAQUAH WA 98027 1 02/19/02 00
0413550674 05 04/01/02 0
0413550674 O 03/01/32
0
8143982 E82/G01 F 339,500.00 ZZ
360 335,752.95 1
7.000 2,258.70 79
6.750 2,258.70
HILLSDALE NJ 07642 2 02/28/02 00
0400592663 05 04/01/02 0
3693050 O 03/01/32
0
8171422 E82/G01 F 205,200.00 ZZ
360 202,083.09 1
7.000 1,365.20 67
6.750 1,365.20
MARLBORO NJ 07746 2 03/01/02 00
0400589818 05 04/01/02 0
1611596 O 03/01/32
0
8171478 E82/G01 F 436,500.00 ZZ
360 431,446.03 1
6.750 2,831.13 62
6.500 2,831.13
MC LEAN VA 22101 5 03/01/02 00
0400553517 05 04/01/02 0
1
0400553517 O 03/01/32
0
8173930 461/G01 F 341,960.00 ZZ
360 338,328.65 1
7.375 2,361.84 90
7.125 2,361.84
LA QUINTA CA 92253 1 02/01/02 11
0433773975 03 04/01/02 25
9031165541 O 03/01/32
0
8174242 461/G01 F 385,000.00 ZZ
360 381,047.97 1
7.375 2,659.10 72
7.125 2,659.10
FREMONT CA 94539 5 01/31/02 00
0433733367 05 04/01/02 0
9031222318 O 03/01/32
0
8174340 461/G01 F 331,500.00 ZZ
360 327,819.15 1
7.125 2,233.38 85
6.875 2,233.38
ESCONDIDO CA 92027 2 02/14/02 11
0433772928 03 04/01/02 12
9031236144 O 03/01/32
0
8174412 461/G01 F 368,000.00 ZZ
360 364,180.62 1
7.500 2,573.11 60
7.250 2,573.11
TUSTIN CA 92782 1 02/05/02 00
0433735172 05 04/01/02 0
9031221633 O 03/01/32
0
8174512 461/G01 F 333,500.00 ZZ
360 329,906.60 1
7.125 2,246.86 83
6.875 2,246.86
GLENDORA CA 91740 2 02/15/02 10
0433773116 05 04/01/02 12
9031261597 O 03/01/32
0
1
8177404 952/G01 F 580,000.00 ZZ
360 573,750.81 1
7.125 3,907.57 79
6.875 3,907.57
UPPER SADDLE RI NJ 07458 1 02/27/02 00
0433754975 05 04/01/02 0
20025473 O 03/01/32
0
8236660 E22/G01 F 399,900.00 ZZ
360 394,959.14 1
6.875 2,627.06 52
6.625 2,627.06
SAN RAFAEL CA 94901 5 02/27/02 00
0413674680 03 04/01/02 0
0413674680 O 03/01/32
0
8236930 E82/G01 F 550,000.00 ZZ
360 542,379.90 1
6.750 3,567.29 67
6.500 3,567.29
HEWLETT NY 11557 2 02/28/02 00
0400546636 05 04/01/02 0
0400546636 O 03/01/32
0
8246846 M45/G01 F 335,000.00 ZZ
360 330,780.05 1
6.500 2,117.43 88
6.250 2,117.43
FREMONT CA 94538 1 02/21/02 04
0433773454 05 04/01/02 25
A0330103 O 03/01/32
0
8246876 M45/G01 F 410,000.00 ZZ
360 405,252.74 1
6.750 2,659.26 72
6.500 2,659.26
NESHANIC STATIO NJ 08853 5 02/21/02 00
0433773587 05 04/01/02 0
A0328788 O 03/01/32
0
8246884 M45/G01 F 400,000.00 ZZ
360 394,908.86 3
6.250 2,462.87 80
6.000 2,462.87
1
MOORESTOWN NJ 08057 1 02/28/02 00
0433773637 05 04/01/02 0
A0320463 O 03/01/32
0
8260716 405/405 F 398,000.00 ZZ
360 392,627.35 1
6.875 2,614.58 62
6.500 2,614.58
COOKSVILLE MD 21723 1 12/12/01 00
0012369872 03 02/01/02 0
0012369872 O 01/01/32
0
8260722 405/405 F 448,600.00 ZZ
360 440,822.58 1
7.250 3,060.24 64
6.750 3,060.24
LAFAYETTE CO 80026 2 02/13/02 00
0012964318 05 04/01/02 0
0012964318 O 03/01/32
0
8260736 405/405 F 600,000.00 ZZ
360 593,352.87 1
7.000 3,991.82 80
6.500 3,991.82
ROANOKE VA 24014 1 02/19/02 00
0012987228 05 04/01/02 0
0012987228 O 03/01/32
0
TOTAL NUMBER OF LOANS : 666
TOTAL ORIGINAL BALANCE : 276,673,437.00
TOTAL PRINCIPAL BALANCE : 272,114,376.47
TOTAL ORIGINAL P+I : 1,833,767.65
TOTAL CURRENT P+I : 1,833,767.64
***************************
* END OF REPORT *
***************************
EXHIBIT TWO
SCHEDULE OF DISCOUNT FRACTIONS
(Available Upon Request)
Schedule of Discount Fractions
Loan Number Current Balance Net Mortgage Rate Discount Fraction PO Balance
6004270 $346,195.16 6.420% 1.2308% $4,260.86
6237194 $580,503.53 6.420% 1.2308% $7,144.66
6278460 $435,770.95 6.295% 3.1538% $13,743.55
6290932 $369,651.00 6.420% 1.2308% $4,549.55
6319808 $482,326.04 6.420% 1.2308% $5,936.32
6361830 $393,837.42 6.420% 1.2308% $4,847.23
6427866 $371,563.00 6.045% 7.0000% $26,009.41
6436742 $348,419.27 6.420% 1.2308% $4,288.24
6468264 $384,197.55 6.420% 1.2308% $4,728.59
6481950 $144,887.25 6.420% 1.2308% $1,783.23
6500830 $423,568.88 6.420% 1.2308% $5,213.16
6561334 $314,995.93 6.170% 5.0769% $15,992.10
6640516 $337,815.69 6.420% 1.2308% $4,157.73
6661150 $448,180.22 6.420% 1.2308% $5,516.06
6666526 $301,471.26 6.420% 1.2308% $3,710.42
6707164 $413,470.77 6.420% 1.2308% $5,088.87
6732558 $634,645.66 6.420% 1.2308% $7,811.02
6732668 $391,392.80 6.420% 1.2308% $4,817.14
6743668 $473,600.06 6.420% 1.2308% $5,828.92
6759406 $285,117.04 6.420% 1.2308% $3,509.13
6762590 $458,415.40 6.420% 1.2308% $5,642.04
6770100 $597,809.73 6.295% 3.1538% $18,854.00
6816190 $391,646.62 6.420% 1.2308% $4,820.27
6826308 $633,726.63 6.045% 7.0000% $44,360.86
6828138 $368,063.31 6.420% 1.2308% $4,530.01
6836882 $328,101.41 6.295% 3.1538% $10,347.81
6872702 $394,046.26 6.270% 3.5385% $13,943.18
6947134 $335,431.88 6.420% 1.2308% $4,128.39
6947248 $615,616.07 6.420% 1.2308% $7,576.81
6990480 $437,245.18 6.420% 1.2308% $5,381.48
7000296 $393,639.06 6.420% 1.2308% $4,844.79
7035710 $473,656.35 6.045% 7.0000% $33,155.94
7113096 $369,391.45 6.295% 3.1538% $11,650.04
7113394 $318,987.05 6.295% 3.1538% $10,060.36
7139306 $788,993.54 6.295% 3.1538% $24,883.64
7139548 $363,055.63 6.420% 1.2308% $4,468.38
7171550 $447,890.18 6.170% 5.0769% $22,739.04
7171582 $442,122.28 6.170% 5.0769% $22,446.21
7171634 $299,346.50 6.170% 5.0769% $15,197.59
7180134 $377,307.05 5.920% 8.9231% $33,667.40
7251950 $357,325.12 6.420% 1.2308% $4,397.85
7267104 $281,046.13 6.045% 7.0000% $19,673.23
7272296 $552,829.20 6.295% 3.1538% $17,435.38
7477572 $337,329.03 6.420% 1.2308% $4,151.74
7486174 $986,864.03 6.295% 3.1538% $31,124.17
7559030 $542,432.94 6.295% 3.1538% $17,107.50
7559034 $305,834.95 6.420% 1.2308% $3,764.12
7559046 $438,731.50 6.170% 5.0769% $22,274.06
7559048 $402,628.93 6.420% 1.2308% $4,955.43
7559064 $566,306.78 6.295% 3.1538% $17,860.44
7559078 $638,726.80 6.170% 5.0769% $32,427.67
7559110 $352,417.20 6.295% 3.1538% $11,114.70
7559126 $325,347.23 6.045% 7.0000% $22,774.31
Wednesday, April 30, 2003 Page 1 of 5
7559128 $352,956.87 6.170% 5.0769% $17,919.35
7560710 $436,482.41 6.420% 1.2308% $5,372.09
7560712 $642,063.50 6.420% 1.2308% $7,902.32
7560714 $525,204.59 6.420% 1.2308% $6,464.06
7560720 $339,705.03 6.420% 1.2308% $4,180.99
7560724 $588,722.83 6.420% 1.2308% $7,245.82
7560726 $499,967.93 6.420% 1.2308% $6,153.45
7560728 $403,364.80 6.420% 1.2308% $4,964.49
7560734 $555,285.14 6.420% 1.2308% $6,834.28
7560740 $340,787.50 6.420% 1.2308% $4,194.31
7560742 $543,284.51 6.420% 1.2308% $6,686.58
7560744 $591,499.14 6.420% 1.2308% $7,279.99
7560752 $285,909.00 6.420% 1.2308% $3,518.88
7560970 $624,502.98 6.420% 1.2308% $7,686.19
7560972 $486,556.28 6.170% 5.0769% $24,702.09
7560980 $410,161.23 6.170% 5.0769% $20,823.57
7560990 $790,984.27 6.170% 5.0769% $40,157.66
7560992 $406,594.53 6.170% 5.0769% $20,642.49
7560996 $311,635.68 6.170% 5.0769% $15,821.50
7561010 $486,745.33 6.170% 5.0769% $24,711.69
7561012 $410,670.87 6.170% 5.0769% $20,849.44
7561018 $499,129.56 6.170% 5.0769% $25,340.42
7561022 $394,875.87 6.170% 5.0769% $20,047.54
7561030 $319,849.01 6.170% 5.0769% $16,238.49
7561032 $367,199.07 6.170% 5.0769% $18,642.41
7583840 $484,759.37 6.295% 3.1538% $15,288.56
7583890 $508,306.50 6.420% 1.2308% $6,256.08
7583896 $442,352.20 6.295% 3.1538% $13,951.11
7583900 $591,745.10 6.295% 3.1538% $18,662.73
7583916 $339,378.03 6.420% 1.2308% $4,176.96
7583918 $416,330.15 6.420% 1.2308% $5,124.06
7583942 $358,209.30 6.170% 5.0769% $18,186.01
7583954 $322,378.03 6.420% 1.2308% $3,967.73
7583956 $415,865.44 6.295% 3.1538% $13,115.76
7583958 $409,424.18 6.420% 1.2308% $5,039.07
7583970 $343,328.36 6.045% 7.0000% $24,032.99
7593774 $498,382.68 6.420% 1.2308% $6,133.94
7661620 $355,831.81 6.420% 1.2308% $4,379.47
7680362 $312,108.12 6.170% 5.0769% $15,845.49
7733644 $590,581.97 6.420% 1.2308% $7,268.70
7739580 $531,770.79 6.420% 1.2308% $6,544.87
7741770 $783,597.09 6.295% 3.1538% $24,713.45
7750326 $379,333.70 6.295% 3.1538% $11,963.60
7750328 $527,614.55 6.420% 1.2308% $6,493.72
7750332 $461,561.17 6.295% 3.1538% $14,556.93
7750346 $315,700.42 6.420% 1.2308% $3,885.54
7750360 $516,959.52 6.420% 1.2308% $6,362.58
7759322 $353,041.09 6.420% 1.2308% $4,345.12
7759324 $417,906.08 6.420% 1.2308% $5,143.46
7796526 $622,969.01 6.420% 1.2308% $7,667.31
7796530 $362,710.81 6.420% 1.2308% $4,464.13
7796548 $450,859.73 6.420% 1.2308% $5,549.04
7796560 $384,647.53 6.420% 1.2308% $4,734.12
7796562 $379,827.09 6.420% 1.2308% $4,674.80
7796574 $315,365.97 6.420% 1.2308% $3,881.43
7796576 $962,807.97 6.420% 1.2308% $11,849.94
7796616 $442,561.72 6.170% 5.0769% $22,468.52
Wednesday, April 30, 2003 Page 2 of 5
7796634 $341,104.53 6.420% 1.2308% $4,198.21
7796642 $392,589.92 6.420% 1.2308% $4,831.88
7796646 $304,609.73 6.420% 1.2308% $3,749.04
7796656 $414,747.99 6.420% 1.2308% $5,104.59
7796660 $552,475.92 6.420% 1.2308% $6,799.70
7796670 $384,750.93 6.420% 1.2308% $4,735.40
7796672 $325,966.41 6.420% 1.2308% $4,011.89
7796686 $426,488.86 6.295% 3.1538% $13,450.80
7826096 $271,739.18 6.295% 3.1538% $8,570.24
7826260 $351,878.09 6.420% 1.2308% $4,330.81
7826270 $877,718.39 6.420% 1.2308% $10,802.69
7847078 $355,674.05 6.420% 1.2308% $4,377.53
7847102 $489,268.71 6.420% 1.2308% $6,021.77
7847172 $336,063.38 6.420% 1.2308% $4,136.16
7848422 $363,696.52 6.420% 1.2308% $4,476.26
7848426 $394,625.55 6.420% 1.2308% $4,856.93
7848440 $367,603.30 6.295% 3.1538% $11,593.64
7848460 $344,036.66 6.420% 1.2308% $4,234.30
7873744 $458,065.17 6.420% 1.2308% $5,637.73
7873752 $353,112.44 6.295% 3.1538% $11,136.62
7873770 $379,294.81 6.420% 1.2308% $4,668.24
7875026 $465,334.92 5.920% 8.9231% $41,522.19
7875036 $335,192.39 6.420% 1.2308% $4,125.44
7885378 $592,687.02 6.295% 3.1538% $18,692.44
7890634 $127,308.76 6.420% 1.2308% $1,566.88
7898966 $301,432.71 5.920% 8.9231% $26,897.07
7898994 $367,079.66 5.920% 8.9231% $32,754.80
7899012 $414,092.32 5.920% 8.9231% $36,949.78
7899054 $344,832.67 5.920% 8.9231% $30,769.68
7899074 $367,868.23 6.295% 3.1538% $11,602.00
7899076 $402,115.92 6.045% 7.0000% $28,148.11
7899078 $348,848.98 6.420% 1.2308% $4,293.53
7899080 $535,704.31 6.420% 1.2308% $6,593.28
7899082 $503,147.59 6.420% 1.2308% $6,192.59
7899088 $373,489.66 6.295% 3.1538% $11,779.29
7899156 $424,077.58 6.420% 1.2308% $5,219.42
7899170 $630,424.74 5.920% 8.9231% $56,253.28
7899188 $567,393.01 6.170% 5.0769% $28,806.11
7899202 $386,733.06 6.420% 1.2308% $4,759.79
7899210 $402,799.63 6.045% 7.0000% $28,195.97
7899212 $503,641.04 6.420% 1.2308% $6,198.66
7899214 $340,268.40 6.420% 1.2308% $4,187.92
7901480 $170,607.54 5.670% 12.7692% $21,785.27
7934564 $454,281.57 6.420% 1.2308% $5,591.16
7934580 $640,306.64 6.295% 3.1538% $20,194.29
7934582 $344,969.72 6.420% 1.2308% $4,245.78
7934584 $492,466.50 6.170% 5.0769% $25,002.15
7934596 $480,442.87 6.170% 5.0769% $24,391.71
7945828 $378,608.83 6.420% 1.2308% $4,659.80
7957798 $331,121.27 6.420% 1.2308% $4,075.34
7957930 $395,257.14 6.295% 3.1538% $12,465.80
7962646 $542,799.31 6.295% 3.1538% $17,119.06
7980462 $769,980.43 6.420% 1.2308% $9,476.68
8003076 $345,947.61 6.420% 1.2308% $4,257.82
8003610 $641,530.82 5.795% 10.8462% $69,581.42
8003614 $308,698.38 5.920% 8.9231% $27,545.39
8003624 $395,368.54 6.420% 1.2308% $4,866.07
Wednesday, April 30, 2003 Page 3 of 5
8003628 $436,759.00 6.295% 3.1538% $13,774.71
8003636 $518,597.24 6.295% 3.1538% $16,355.76
8003652 $372,172.37 6.295% 3.1538% $11,737.74
8022776 $611,882.62 6.295% 3.1538% $19,297.84
8026572 $117,580.75 6.420% 1.2308% $1,447.15
8030252 $390,994.78 6.420% 1.2308% $4,812.24
8030262 $349,524.04 6.295% 3.1538% $11,023.45
8030266 $356,354.86 6.295% 3.1538% $11,238.88
8030278 $440,286.33 6.420% 1.2308% $5,418.91
8030280 $346,770.87 6.420% 1.2308% $4,267.95
8030284 $275,502.98 6.420% 1.2308% $3,390.81
8030286 $407,957.28 6.420% 1.2308% $5,021.01
8030290 $353,540.34 6.420% 1.2308% $4,351.27
8030300 $642,251.22 6.420% 1.2308% $7,904.63
8030304 $419,320.20 6.420% 1.2308% $5,160.86
8030306 $642,063.54 6.420% 1.2308% $7,902.32
8030314 $432,585.27 6.295% 3.1538% $13,643.07
8030318 $390,534.50 6.420% 1.2308% $4,806.58
8030322 $321,825.45 6.295% 3.1538% $10,149.88
8030326 $359,448.31 6.420% 1.2308% $4,423.98
8030334 $400,171.88 6.420% 1.2308% $4,925.19
8030336 $308,585.34 6.420% 1.2308% $3,797.97
8030338 $538,838.80 6.420% 1.2308% $6,631.86
8030342 $557,276.42 6.420% 1.2308% $6,858.79
8030352 $405,258.98 6.420% 1.2308% $4,987.80
8041400 $503,772.91 6.420% 1.2308% $6,200.28
8041402 $522,434.48 6.420% 1.2308% $6,429.96
8041404 $370,421.34 6.420% 1.2308% $4,559.03
8041412 $481,053.82 6.420% 1.2308% $5,920.66
8041418 $493,747.75 6.420% 1.2308% $6,076.90
8041426 $402,230.38 6.420% 1.2308% $4,950.53
8041438 $407,947.12 6.420% 1.2308% $5,020.89
8041454 $329,235.35 6.420% 1.2308% $4,052.13
8041468 $334,738.60 6.420% 1.2308% $4,119.86
8041478 $355,226.47 6.170% 5.0769% $18,034.57
8041480 $405,969.24 6.420% 1.2308% $4,996.54
8042674 $331,955.89 6.420% 1.2308% $4,085.61
8042678 $557,692.80 6.295% 3.1538% $17,588.77
8043212 $367,001.94 6.420% 1.2308% $4,516.95
8047740 $362,839.19 6.295% 3.1538% $11,443.39
8047742 $227,336.92 6.420% 1.2308% $2,797.99
8050192 $691,895.07 6.420% 1.2308% $8,515.63
8073640 $312,529.14 6.420% 1.2308% $3,846.51
8093828 $345,548.84 6.420% 1.2308% $4,252.91
8093844 $642,825.87 6.420% 1.2308% $7,911.70
8093854 $419,090.71 6.420% 1.2308% $5,158.04
8093882 $541,739.86 6.420% 1.2308% $6,667.57
8093892 $468,516.05 6.420% 1.2308% $5,766.35
8093906 $427,511.71 6.420% 1.2308% $5,261.68
8121366 $349,802.53 6.295% 3.1538% $11,032.23
8125256 $394,622.55 6.170% 5.0769% $20,034.68
8171478 $431,446.03 6.420% 1.2308% $5,310.11
8236930 $542,379.90 6.420% 1.2308% $6,675.44
8246846 $330,780.05 6.170% 5.0769% $16,793.45
8246876 $405,252.74 6.420% 1.2308% $4,987.73
8246884 $394,908.86 5.920% 8.9231% $35,238.02
8260716 $392,627.35 6.420% 1.2308% $4,832.34
Wednesday, April 30, 2003 Page 4 of 5
8260736 $593,352.87 6.420% 1.2308% $7,302.80
Wednesday, April 30, 2003 Page 5 of 5
EXHIBIT THREE
INFORMATION TO BE INCLUDED IN
MONTHLY DISTRIBUTION DATE STATEMENT
(i) (a) the amount of such distribution to the Certificateholders
of such Class applied to reduce the Certificate Principal Balance
thereof, and (b) the aggregate amount included therein representing
Principal Prepayments;
(ii) the amount of such distribution to Holders of such Class of
Certificates allocable to interest;
(iii) if the distribution to the Holders of such Class of
Certificates is less than the full amount that would be distributable to
such Holders if there were sufficient funds available therefor, the
amount of the shortfall;
(iv) the amount of any Advance by the Master Servicer pursuant to
Section 4.04;
(v) the number and Pool Stated Principal Balance of the Mortgage
Loans after giving effect to the distribution of principal on such
Distribution Date;
(vi) the aggregate Certificate Principal Balance of each Class of
Certificates and the Senior Percentage, after giving effect to the
amounts distributed on such Distribution Date, separately identifying
any reduction thereof due to Realized Losses other than pursuant to an
actual distribution of principal;
(vii) the related Subordinate Principal Distribution Amount and
Prepayment Distribution Percentage, if applicable;
(viii) on the basis of the most recent reports furnished to it by
Sub-Servicers, (a) the number and aggregate principal balances of
Mortgage Loans that are Delinquent (1) 30-59 days, (2) 60-89 days and
(3) 90 or more days and the number and aggregate principal balance of
Mortgage Loans that are in foreclosure, (b) the number and aggregate
principal balances of Reportable Modified Mortgage Loans that are
Delinquent (1) 30-59 days, (2) 60-89 days and (3) 90 or more days and
the number and aggregate principal balance of Reportable Modified
Mortgage Loans that are in foreclosure and are REO Property, indicating
in each case capitalized Mortgage Loans, other Servicing Modifications
and totals, and (c) for all Reportable Modified Mortgage Loans, the
number and aggregate Stated Principal Balance of Reportable Modified
Mortgage Loans that have been liquidated, the subject of pay-offs and
that have been repurchased by the Master Servicer or Seller;
(ix) the number, aggregate principal balance and book value of
any REO Properties;
(x) the aggregate Accrued Certificate Interest remaining unpaid,
if any, for each Class of Certificates, after giving effect to the
distribution made on such Distribution Date;
-1-
(xi) the Special Hazard Amount, Fraud Loss Amount and Bankruptcy
Amount as of the close of business on such Distribution Date and a
description of any change in the calculation of such amounts;
(xii) the weighted average Pool Strip Rate for such Distribution
Date and the Class A-V Certificates and each Subclass, if any, thereof;
(xiii) the Notional Amount with respect to the Class A-V
Certificates and each Subclass;
(xiv) the occurrence of the Credit Support Depletion Date;
(xv) the related Senior Accelerated Distribution Percentage
applicable to such distribution;
(xvi) the related Senior Percentage for such Distribution Date;
(xvii) the aggregate amount of Realized Losses for such
Distribution Date;
(xviii)the aggregate amount of any recoveries on previously
foreclosed loans from Sellers due to a breach of representation or
warranty assigned to the Trustee pursuant to Section 2.04;
(xix) the weighted average remaining term to maturity of the
Mortgage Loans after giving effect to the amounts distributed on such
Distribution Date; and
(xx) the weighted average Mortgage Rates of the Mortgage Loans
after giving effect to the amounts distributed on such Distribution
Date.
In the case of information furnished pursuant to clauses (i) and (ii) above, the
amounts shall be expressed as a dollar amount per Certificate with a $1,000
denomination.
The Trustee's internet website will initially be located at
xxxx://xxx.xxx.xxxxxxx.xxx. To receive this statement via first class mail,
telephone the Trustee at (000) 000-0000.
-2-
EXHIBIT FOUR
STANDARD TERMS OF POOLING AND SERVICING
AGREEMENT DATED AS OF MARCH 1, 2003
EXECUTION COPY
--------------------------------------------------------------------------------
STANDARD TERMS OF
POOLING AND SERVICING AGREEMENT
Dated as of March 1, 2003
Residential Funding Mortgage Securities I, Inc.
Mortgage Pass-Through Certificates
--------------------------------------------------------------------------------
TABLE OF CONTENTS
PAGE
ARTICLE I
DEFINITIONS
Section 1.01 Definitions............................................................1
Section 1.02 Use of Words and Phrases..............................................31
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans..........................................31
Section 2.02 Acceptance by Trustee.................................................37
Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the
Company...............................................................38
Section 2.04 Representations and Warranties of Sellers.............................40
Section 2.05 Execution and Authentication of Certificates/Issuance of Certificates
Evidencing Interests in REMIC I.......................................42
Section 2.06 Conveyance of Uncertificated REMIC I and REMIC II Regular Interests;
Acceptance by the Trustee.............................................42
Section 2.07 Issuance of Certificates Evidencing Interests in REMIC II.............42
Section 2.08 Purposes and Powers of the Trust......................................42
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
Section 3.01 Master Servicer to Act as Servicer....................................43
Section 3.02 Subservicing Agreements Between Master Servicer and Subservicers;
Enforcement of Subservicers' and Sellers' Obligations.................44
Section 3.03 Successor Subservicers................................................45
Section 3.04 Liability of the Master Servicer......................................46
Section 3.05 No Contractual Relationship Between Subservicer and Trustee or
Certificateholders....................................................46
Section 3.06 Assumption or Termination of Subservicing Agreements by Trustee.......46
Section 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial
Account...............................................................47
Section 3.08 Subservicing Accounts; Servicing Accounts.............................49
Section 3.09 Access to Certain Documentation and Information Regarding the Mortgage
Loans.................................................................51
Section 3.10 Permitted Withdrawals from the Custodial Account......................51
Section 3.11 Maintenance of the Primary Insurance Policies; Collections
Thereunder............................................................53
i
Section 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage.....54
Section 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification
Agreements; Certain Assignments.......................................55
Section 3.14 Realization Upon Defaulted Mortgage Loans.............................57
Section 3.15 Trustee to Cooperate; Release of Mortgage Files.......................61
Section 3.16 Servicing and Other Compensation; Compensating Interest...............62
Section 3.17 Reports to the Trustee and the Company................................63
Section 3.18 Annual Statement as to Compliance.....................................63
Section 3.19 Annual Independent Public Accountants' Servicing Report...............64
Section 3.20 Rights of the Company in Respect of the Master Servicer...............64
Section 3.21 Administration of Buydown Funds.......................................64
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account...................................................65
Section 4.02 Distributions.........................................................66
Section 4.03 Statements to Certificateholders; Statements to Rating Agencies;
Exchange Act Reporting................................................66
Section 4.04 Distribution of Reports to the Trustee and the Company; Advances by the
Master Servicer.......................................................68
Section 4.05 Allocation of Realized Losses.........................................69
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property.........69
Section 4.07 Optional Purchase of Defaulted Mortgage Loans.........................69
Section 4.08 Surety Bond...........................................................70
ARTICLE V
THE CERTIFICATES
Section 5.01 The Certificates......................................................70
Section 5.02 Registration of Transfer and Exchange of Certificates.................72
Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................78
Section 5.04 Persons Deemed Owners.................................................78
Section 5.05 Appointment of Paying Agent...........................................78
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
Section 6.01 Respective Liabilities of the Company and the Master Servicer.........80
Section 6.02 Merger or Consolidation of the Company or the Master Servicer; Assignment
of Rights and Delegation of Duties by Master Servicer.................80
Section 6.03 Limitation on Liability of the Company, the Master Servicer and
Others................................................................81
Section 6.04 Company and Master Servicer Not to Resign.............................82
ii
ARTICLE VII
DEFAULT
Section 7.01 Events of Default.....................................................82
Section 7.02 Trustee or Company to Act; Appointment of Successor...................84
Section 7.03 Notification to Certificateholders....................................85
Section 7.04 Waiver of Events of Default...........................................85
ARTICLE VIII
CONCERNING THE TRUSTEE
Section 8.01 Duties of Trustee.....................................................86
Section 8.02 Certain Matters Affecting the Trustee.................................87
Section 8.03 Trustee Not Liable for Certificates or Mortgage Loans.................89
Section 8.04 Trustee May Own Certificates..........................................89
Section 8.05 Master Servicer to Pay Trustee's Fees and Expenses; Indemnification...89
Section 8.06 Eligibility Requirements for Trustee..................................90
Section 8.07 Resignation and Removal of the Trustee................................91
Section 8.08 Successor Trustee.....................................................92
Section 8.09 Merger or Consolidation of Trustee....................................92
Section 8.10 Appointment of Co-Trustee or Separate Trustee.........................92
Section 8.11 Appointment of Custodians.............................................93
Section 8.12 Appointment of Office or Agency.......................................94
ARTICLE IX
TERMINATION OR OPTIONAL PURCHASE OF ALL CERTIFICATES
Section 9.01 Optional Purchase by the Master Servicer of All Certificates; Termination
Upon Purchase by the Master Servicer or Liquidation of All Mortgage
Loans.................................................................94
Section 9.02 Additional Termination Requirements...................................97
Section 9.03 Termination of Multiple REMICs........................................98
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration..................................................98
Section 10.02 Master Servicer, REMIC Administrator and Trustee Indemnification.....102
Section 10.03 Designation of REMIC(s)..............................................102
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment............................................................103
Section 11.02 Recordation of Agreement; Counterparts...............................105
iii
Section 11.03 Limitation on Rights of Certificateholders...........................106
Section 11.04 Governing Law........................................................106
Section 11.05 Notices..............................................................106
Section 11.06 Required Notices to Rating Agency and Subservicer....................107
Section 11.07 Severability of Provisions...........................................107
Section 11.08 Supplemental Provisions for Resecuritization.........................108
Section 11.09 Allocation of Voting Rights..........................................108
EXHIBITS
Exhibit A: Form of Class A Certificate
Exhibit B: Form of Class M Certificate
Exhibit C: Form of Class B Certificate
Exhibit D: Form of Class R Certificate
Exhibit E: Form of Seller/Servicer Contract
Exhibit F: Forms of Request for Release
Exhibit G-1: Form of Transfer Affidavit and Agreement
Exhibit G-2: Form of Transferor Certificate
Exhibit H: Form of Investor Representation Letter
Exhibit I: Form of Transferor Representation Letter
Exhibit J: Form of Rule 144A Investment Representation Letter
Exhibit K: Text of Amendment to Pooling and Servicing Agreement Pursuant to Section
11.01(e) for a Limited Guaranty
Exhibit L: Form of Limited Guaranty
Exhibit M: Form of Lender Certification for Assignment of Mortgage Loan
Exhibit N: Request for Exchange Form
Exhibit O: Form of Form 10-K Certification
Exhibit P: Form of Back-Up Certification to Form 10-K Certificate
Exhibit Q: Information to be Provided by the Master Servicer to the Rating Agencies Relating
to Reportable Modified Mortgage Loans
iv
This is the Standard Terms of Pooling and Servicing Agreement, dated as
of March 1, 2003 (the "Standard Terms", and as incorporated by reference into a
Series Supplement dated as of the Cut-off Date, the "Pooling and Servicing
Agreement" or "Agreement"), among RESIDENTIAL FUNDING MORTGAGE SECURITIES I,
INC., as the company (together with its permitted successors and assigns, the
"Company"), RESIDENTIAL FUNDING CORPORATION, as master servicer (together with
its permitted successors and assigns, the "Master Servicer"), and the trustee
named in the applicable Series Supplement (together with its permitted
successors and assigns, the "Trustee").
PRELIMINARY STATEMENT:
The Company intends to sell certain mortgage pass-through certificates
(collectively, the "Certificates"), to be issued under the Agreement in multiple
classes, which in the aggregate will evidence the entire beneficial ownership
interest in the Mortgage Loans.
In consideration of the mutual agreements herein contained, the Company,
the Master Servicer and the Trustee agree as follows:
ARTICLE I
DEFINITIONS
Section 1.01 Definitions.
Whenever used in this Agreement, the following words and phrases, unless
the context otherwise requires, shall have the meanings specified in this
Article.
Accretion Termination Date: As defined in the Series Supplement.
Accrual Certificates: As defined in the Series Supplement.
Accrued Certificate Interest: With respect to each Distribution Date, as
to any Class or Subclass of Certificates (other than any Principal Only
Certificates), interest accrued during the related Interest Accrual Period at
the related Pass-Through Rate on the Certificate Principal Balance or Notional
Amount thereof immediately prior to such Distribution Date. Accrued Certificate
Interest will be calculated on the basis of a 360-day year, consisting of twelve
30-day months. In each case Accrued Certificate Interest on any Class or
Subclass of Certificates will be reduced by the amount of:
(i) Prepayment Interest Shortfalls on all Mortgage Loans or, if the
Mortgage Pool is comprised of two or more Loan Groups, on the
Mortgage Loans in the related Loan Group (to the extent not
offset by the Master Servicer with a payment of Compensating
Interest as provided in Section 4.01),
(ii) the interest portion (adjusted to the Net Mortgage Rate (or the
Modified Net Mortgage Rate in the case of a Modified Mortgage
Loan)) of Realized Losses on all Mortgage Loans or, if the
Mortgage Pool is comprised of two or more Loan Groups, on the
Mortgage Loans in the related Loan Group (including Excess
Special Hazard
1
Losses, Excess Fraud Losses, Excess Bankruptcy Losses and
Extraordinary Losses) not allocated solely to one or more
specific Classes of Certificates pursuant to Section 4.05,
(iii) the interest portion of Advances that were (A) previously made
with respect to a Mortgage Loan or REO Property on all Mortgage
Loans or, if the Mortgage Pool is comprised of two or more Loan
Groups, on the Mortgage Loans in the related Loan Group, which
remained unreimbursed following the Cash Liquidation or REO
Disposition of such Mortgage Loan or REO Property or (B) made
with respect to delinquencies that were ultimately determined to
be Excess Special Hazard Losses, Excess Fraud Losses, Excess
Bankruptcy Losses or Extraordinary Losses, and
(iv) any other interest shortfalls not covered by the subordination
provided by the Class M Certificates and Class B Certificates,
including interest that is not collectible from the Mortgagor
pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940,
as amended, or similar legislation or regulations as in effect
from time to time,
with all such reductions allocated (A) among all of the Certificates in
proportion to their respective amounts of Accrued Certificate Interest payable
on such Distribution Date absent such reductions or (B) if the Mortgage Pool is
comprised of two or more Loan Groups, the related Senior Percentage of such
reductions among the related Senior Certificates in proportion to the amounts of
Accrued Certificate Interest payable from the related Loan Group on such
Distribution Date absent such reductions, with the remainder of such reductions
allocated among the holders of the Class M Certificates and Class B Certificates
in proportion to their respective amounts of Accrued Certificate Interest
payable on such Distribution Date absent such reductions. In addition to that
portion of the reductions described in the preceding sentence that are allocated
to any Class of Class B Certificates or any Class of Class M Certificates,
Accrued Certificate Interest on such Class of Class B Certificates or such Class
of Class M Certificates will be reduced by the interest portion (adjusted to the
Net Mortgage Rate) of Realized Losses that are allocated solely to such Class of
Class B Certificates or such Class of Class M Certificates pursuant to Section
4.05.
Addendum and Assignment Agreement: The Addendum and Assignment Agreement,
dated as of January 31, 1995, between MLCC and the Master Servicer.
Additional Collateral: Any of the following held, in addition to the
related Mortgaged Property, as security for a Mortgage Loan: (i) all money,
securities, security entitlements, accounts, general intangibles, payment
rights, instruments, documents, deposit accounts, certificates of deposit,
commodities contracts and other investment property and other property of
whatever kind or description now existing or hereafter acquired which is pledged
as security for the repayment of such Mortgage Loan, (ii) third-party
guarantees, and (A) all money, securities, security entitlements, accounts,
general intangibles, payment rights, instruments, documents, deposit accounts,
certificates of deposit, commodities contracts and other investment property and
other property of whatever kind or description now existing or hereafter
acquired which is pledged as collateral for such guarantee or (B) any mortgaged
property securing the performance of such guarantee, or (iii) such other
collateral as may be set forth in the Series Supplement.
2
Additional Collateral Loan: Each Mortgage Loan that is supported by
Additional Collateral.
Adjusted Mortgage Rate: With respect to any Mortgage Loan and any date
of determination, the Mortgage Rate borne by the related Mortgage Note, less the
rate at which the related Subservicing Fee accrues.
Advance: As to any Mortgage Loan, any advance made by the Master
Servicer, pursuant to Section 4.04.
Affiliate: With respect to any Person, any other Person controlling,
controlled by or under common control with such first Person. For the purposes
of this definition, "control" means the power to direct the management and
policies of such Person, directly or indirectly, whether through the ownership
of voting securities, by contract or otherwise; and the terms "controlling" and
"controlled" have meanings correlative to the foregoing.
Ambac: Ambac Assurance Corporation (formerly known as AMBAC Indemnity
Corporation).
Amount Held for Future Distribution: As to any Distribution Date and,
with respect to any Mortgage Pool that is comprised of two or more Loan Groups,
each Loan Group, the total of the amounts held in the Custodial Account at the
close of business on the preceding Determination Date on account of (i)
Liquidation Proceeds, Subsequent Recoveries, Insurance Proceeds, Curtailments,
Mortgage Loan purchases made pursuant to Section 2.02, 2.03, 2.04 or 4.07 and
Mortgage Loan substitutions made pursuant to Section 2.03 or 2.04 received or
made in the month of such Distribution Date (other than such Liquidation
Proceeds, Insurance Proceeds and purchases of Mortgage Loans that the Master
Servicer has deemed to have been received in the preceding month in accordance
with Section 3.07(b)), and Principal Prepayments in Full made after the related
Prepayment Period, and (ii) payments which represent early receipt of scheduled
payments of principal and interest due on a date or dates subsequent to the
related Due Date.
Appraised Value: As to any Mortgaged Property, the lesser of (i) the
appraised value of such Mortgaged Property based upon the appraisal made at the
time of the origination of the related Mortgage Loan, and (ii) the sales price
of the Mortgaged Property at such time of origination, except in the case of a
Mortgaged Property securing a refinanced or modified Mortgage Loan as to which
it is either the appraised value determined above or the appraised value
determined in an appraisal at the time of refinancing or modification, as the
case may be.
Assigned Contracts: With respect to any Pledged Asset Loan: the Credit
Support Pledge Agreement; the Funding and Pledge Agreement, among GMAC Mortgage
Corporation, National Financial Services Corporation and the Mortgagor or other
person pledging the related Pledged Assets; the Additional Collateral Agreement,
between GMAC Mortgage Corporation and the Mortgagor or other person pledging the
related Pledged Assets; or such other contracts as may be set forth in the
Series Supplement.
Assignment: An assignment of the Mortgage, notice of transfer or
equivalent instrument, in recordable form, sufficient under the laws of the
jurisdiction wherein the related Mortgaged Property
3
is located to reflect of record the sale of the Mortgage Loan to the Trustee for
the benefit of Certificateholders, which assignment, notice of transfer or
equivalent instrument may be in the form of one or more blanket assignments
covering Mortgages secured by Mortgaged Properties located in the same county,
if permitted by law and accompanied by an Opinion of Counsel to that effect.
Assignment Agreement: The Assignment and Assumption Agreement, dated the
Closing Date, between Residential Funding and the Company relating to the
transfer and assignment of the Mortgage Loans.
Assignment of Proprietary Lease: With respect to a Cooperative Loan, the
assignment of the related Cooperative Lease from the Mortgagor to the originator
of the Cooperative Loan.
Available Distribution Amount: As to any Distribution Date and, with
respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan
Group, an amount equal to (a) the sum of (i) the amount relating to the Mortgage
Loans on deposit in the Custodial Account as of the close of business on the
immediately preceding Determination Date, including any Subsequent Recoveries,
and amounts deposited in the Custodial Account in connection with the
substitution of Qualified Substitute Mortgage Loans, (ii) the amount of any
Advance made on the immediately preceding Certificate Account Deposit Date,
(iii) any amount deposited in the Certificate Account on the related Certificate
Account Deposit Date pursuant to the second paragraph of Section 3.12(a), (iv)
any amount deposited in the Certificate Account pursuant to Section 4.07, (v)
any amount that the Master Servicer is not permitted to withdraw from the
Custodial Account or the Certificate Account pursuant to Section 3.16(e), (vi)
any amount received by the Trustee pursuant to the Surety Bond in respect of
such Distribution Date and (vii) the proceeds of any Pledged Assets received by
the Master Servicer, reduced by (b) the sum as of the close of business on the
immediately preceding Determination Date of (x) the Amount Held for Future
Distribution, and (y) amounts permitted to be withdrawn by the Master Servicer
from the Custodial Account in respect of the Mortgage Loans pursuant to clauses
(ii)-(x), inclusive, of Section 3.10(a). Such amount shall be determined
separately for each Loan Group. Additionally, with respect to any Mortgage Pool
that is comprised of two or more Loan Groups, if on any Distribution Date
Compensating Interest provided pursuant to Section 3.16(e) is less than
Prepayment Interest Shortfalls incurred on the Mortgage Loans in connection with
Principal Prepayments in Full received during the related Prepayment Period and
Curtailments made in the prior calendar month, such Compensating Interest shall
be allocated on such Distribution Date to the Available Distribution Amount for
each Loan Group on a pro rata basis in accordance with the respective amounts of
such Prepayment Interest Shortfalls incurred on the Mortgage Loans in such Loan
Group in respect of such Distribution Date.
Bankruptcy Code: The Bankruptcy Code of 1978, as amended.
Bankruptcy Loss: With respect to any Mortgage Loan, a Deficient
Valuation or Debt Service Reduction; provided, however, that neither a Deficient
Valuation nor a Debt Service Reduction shall be deemed a Bankruptcy Loss
hereunder so long as the Master Servicer has notified the Trustee in writing
that the Master Servicer is diligently pursuing any remedies that may exist in
connection with the representations and warranties made regarding the related
Mortgage Loan and either (A) the related Mortgage Loan is not in default with
regard to payments due thereunder or (B) delinquent payments of principal and
interest under the related Mortgage Loan and any premiums on any
4
applicable primary hazard insurance policy and any related escrow payments in
respect of such Mortgage Loan are being advanced on a current basis by the
Master Servicer or a Subservicer, in either case without giving effect to any
Debt Service Reduction.
Book-Entry Certificate: Any Certificate registered in the name of the
Depository or its nominee, and designated as such in the Preliminary Statement
to the Series Supplement.
Business Day: Any day other than (i) a Saturday or a Sunday or (ii) a
day on which banking institutions in the State of New York, the State of
Michigan, the State of California or the State of Illinois (and such other state
or states in which the Custodial Account or the Certificate Account are at the
time located) are required or authorized by law or executive order to be closed.
Buydown Funds: Any amount contributed by the seller of a Mortgaged
Property, the Company or other source in order to enable the Mortgagor to reduce
the payments required to be made from the Mortgagor's funds in the early years
of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to
deposit into the Custodial or Certificate Account.
Buydown Mortgage Loan: Any Mortgage Loan as to which a specified amount
of interest is paid out of related Buydown Funds in accordance with a related
buydown agreement.
Capitalization Reimbursement Amount: As to any Distribution Date, the
amount of Advances or Servicing Advances that were added to the Stated Principal
Balance of the related Mortgage Loans during the prior calendar month and
reimbursed to the Master Servicer or Subservicer on or prior to such
Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization
Reimbursement Shortfall Amount remaining unreimbursed from any prior
Distribution Date and reimbursed to the Master Servicer or Subservicer on or
prior to such Distribution Date.
Capitalization Reimbursement Shortfall Amount: As to any Distribution
Date, the amount, if any, by which the amount of Advances or Servicing Advances
that were added to the Stated Principal Balance of the Mortgage Loans during the
preceding calendar month exceeds the amount of principal payments on the
Mortgage Loans included in the Available Distribution Amount for that
Distribution Date.
Cash Liquidation: As to any defaulted Mortgage Loan other than a
Mortgage Loan as to which an REO Acquisition occurred, a determination by the
Master Servicer that it has received all Insurance Proceeds, Liquidation
Proceeds and other payments or cash recoveries which the Master Servicer
reasonably and in good faith expects to be finally recoverable with respect to
such Mortgage Loan.
Certificate Account Deposit Date: As to any Distribution Date, the
Business Day prior thereto.
Certificateholder or Holder: The Person in whose name a Certificate is
registered in the Certificate Register, and, in respect of any Insured
Certificates, the Certificate Insurer to the extent of Cumulative Insurance
Payments, except that neither a Disqualified Organization nor a Non-United
States Person shall be a holder of a Class R Certificate for purposes hereof
and, solely for the
5
purpose of giving any consent or direction pursuant to this Agreement, any
Certificate, other than a Class R Certificate, registered in the name of the
Company, the Master Servicer or any Subservicer or any Affiliate thereof shall
be deemed not to be outstanding and the Percentage Interest or Voting Rights
evidenced thereby shall not be taken into account in determining whether the
requisite amount of Percentage Interests or Voting Rights necessary to effect
any such consent or direction has been obtained. All references herein to
"Holders" or "Certificateholders" shall reflect the rights of Certificate Owners
as they may indirectly exercise such rights through the Depository and
participating members thereof, except as otherwise specified herein; provided,
however, that the Trustee shall be required to recognize as a "Holder" or
"Certificateholder" only the Person in whose name a Certificate is registered in
the Certificate Register.
Certificate Insurer: As defined in the Series Supplement.
Certificate Owner: With respect to a Book-Entry Certificate, the Person
who is the beneficial owner of such Certificate, as reflected on the books of an
indirect participating brokerage firm for which a Depository Participant acts as
agent, if any, and otherwise on the books of a Depository Participant, if any,
and otherwise on the books of the Depository.
Certificate Principal Balance: With respect to each Certificate (other
than any Interest Only Certificate), on any date of determination, an amount
equal to:
(i) the Initial Certificate Principal Balance of such Certificate as
specified on the face thereof, plus
(ii) any Subsequent Recoveries added to the Certificate Principal
Balance of such Certificate pursuant to Section 4.02, plus
(iii) in the case of each Accrual Certificate, an amount equal to the
aggregate Accrued Certificate Interest added to the Certificate
Principal Balance thereof prior to such date of determination,
minus
(iv) the sum of (x) the aggregate of all amounts previously
distributed with respect to such Certificate (or any predecessor
Certificate) and applied to reduce the Certificate Principal
Balance thereof pursuant to Section 4.02(a) and (y) the aggregate
of all reductions in Certificate Principal Balance deemed to have
occurred in connection with Realized Losses which were previously
allocated to such Certificate (or any predecessor Certificate)
pursuant to Section 4.05;
provided, that the Certificate Principal Balance of the Class of Subordinate
Certificates with the Lowest Priority at any given time shall be further reduced
by an amount equal to the Percentage Interest evidenced by such Certificate
multiplied by the excess, if any, of (A) the then aggregate Certificate
Principal Balance of all Classes of Certificates then outstanding over (B) the
then aggregate Stated Principal Balance of the Mortgage Loans.
Certificate Register and Certificate Registrar: The register maintained
and the registrar appointed pursuant to Section 5.02.
6
Class: Collectively, all of the Certificates bearing the same
designation. The initial Class A-V Certificates and any Subclass thereof issued
pursuant to Section 5.01(c) shall be a single Class for purposes of this
Agreement.
Class A-P Certificate: Any one of the Certificates designated as a Class
A-P Certificate.
Class A-P Collection Shortfall: With respect to the Cash Liquidation or
REO Disposition of a Discount Mortgage Loan and any Distribution Date, the
excess of the amount described in Section 4.02(b)(i)(C)(1) over the amount
described in Section 4.02(b)(i)(C)(2).
Class A-P Principal Distribution Amount: As defined in Section 4.02.
Class A-V Certificate: Any one of the Certificates designated as a Class
A-V Certificate, including any Subclass thereof.
Class B Certificate: Any one of the Certificates designated as a Class
B-1 Certificate, Class B-2 Certificate or Class B-3 Certificate.
Class M Certificate: Any one of the Certificates designated as a Class
M-1 Certificate, Class M-2 Certificate or Class M-3 Certificate.
Closing Date: As defined in the Series Supplement.
Code: The Internal Revenue Code of 1986.
Combined Collateral LLC: Combined Collateral LLC, a Delaware limited
liability company.
Commission: The Securities and Exchange Commission.
Compensating Interest: With respect to any Distribution Date, an amount
equal to Prepayment Interest Shortfalls resulting from Principal Prepayments in
Full during the related Prepayment Period and Curtailments during the prior
calendar month and included in the Available Distribution Amount for such
Distribution Date, but not more than the lesser of (a) one-twelfth of 0.125% of
the Stated Principal Balance of the Mortgage Loans immediately preceding such
Distribution Date and (b) the sum of the Servicing Fee and all income and gain
on amounts held in the Custodial Account and the Certificate Account and payable
to the Certificateholders with respect to such Distribution Date; provided that
for purposes of this definition the amount of the Servicing Fee will not be
reduced pursuant to Section 7.02 except as may be required pursuant to the last
sentence of such Section.
Cooperative: A private, cooperative housing corporation which owns or
leases land and all or part of a building or buildings, including apartments,
spaces used for commercial purposes and common areas therein and whose board of
directors authorizes, among other things, the sale of Cooperative Stock.
7
Cooperative Apartment: A dwelling unit in a multi-dwelling building
owned or leased by a Cooperative, which unit the Mortgagor has an exclusive
right to occupy pursuant to the terms of a proprietary lease or occupancy
agreement.
Cooperative Lease: With respect to a Cooperative Loan, the proprietary
lease or occupancy agreement with respect to the Cooperative Apartment occupied
by the Mortgagor and relating to the related Cooperative Stock, which lease or
agreement confers an exclusive right to the holder of such Cooperative Stock to
occupy such apartment.
Cooperative Loans: Any of the Mortgage Loans made in respect of a
Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a
Security Agreement, (ii) the related Cooperative Stock Certificate, (iii) an
assignment of the Cooperative Lease, (iv) financing statements and (v) a stock
power (or other similar instrument), and ancillary thereto, a recognition
agreement between the Cooperative and the originator of the Cooperative Loan,
each of which was transferred and assigned to the Trustee pursuant to Section
2.01 and are from time to time held as part of the Trust Fund.
Cooperative Stock: With respect to a Cooperative Loan, the single
outstanding class of stock, partnership interest or other ownership instrument
in the related Cooperative.
Cooperative Stock Certificate: With respect to a Cooperative Loan, the
stock certificate or other instrument evidencing the related Cooperative Stock.
Credit Support Depletion Date: The first Distribution Date on which the
Certificate Principal Balances of the Subordinate Certificates have been reduced
to zero.
Credit Support Pledge Agreement: The Credit Support Pledge Agreement,
dated as of November 24, 1998, among the Master Servicer, GMAC Mortgage
Corporation, Combined Collateral LLC and The First National Bank of Chicago (now
known as Bank One, National Association), as custodian.
Cumulative Insurance Payments: As defined in the Series Supplement.
Curtailment: Any Principal Prepayment made by a Mortgagor which is not a
Principal Prepayment in Full.
Custodial Account: The custodial account or accounts created and
maintained pursuant to Section 3.07 in the name of a depository institution, as
custodian for the holders of the Certificates, for the holders of certain other
interests in mortgage loans serviced or sold by the Master Servicer and for the
Master Servicer, into which the amounts set forth in Section 3.07 shall be
deposited directly. Any such account or accounts shall be an Eligible Account.
Custodial Agreement: An agreement that may be entered into among the
Company, the Master Servicer, the Trustee and a Custodian pursuant to which the
Custodian will hold certain documents relating to the Mortgage Loans on behalf
of the Trustee.
8
Custodian: A custodian appointed pursuant to a Custodial Agreement.
Cut-off Date Principal Balance: As to any Mortgage Loan, the unpaid
principal balance thereof at the Cut-off Date after giving effect to all
installments of principal due on or prior thereto (or due during the month of
the Cut-Off Date), whether or not received.
Debt Service Reduction: With respect to any Mortgage Loan, a reduction
in the scheduled Monthly Payment for such Mortgage Loan by a court of competent
jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction
constituting a Deficient Valuation or any reduction that results in a permanent
forgiveness of principal.
Deficient Valuation: With respect to any Mortgage Loan, a valuation by a
court of competent jurisdiction of the Mortgaged Property in an amount less than
the then outstanding indebtedness under the Mortgage Loan, or any reduction in
the amount of principal to be paid in connection with any scheduled Monthly
Payment that constitutes a permanent forgiveness of principal, which valuation
or reduction results from a proceeding under the Bankruptcy Code.
Definitive Certificate: Any Certificate other than a Book-Entry
Certificate.
Deleted Mortgage Loan: A Mortgage Loan replaced or to be replaced with a
Qualified Substitute Mortgage Loan.
Delinquent: As used herein, a Mortgage Loan is considered to be: "30 to
59 days" or "30 or more days" delinquent when a payment due on any scheduled due
date remains unpaid as of the close of business on the last business day
immediately prior to the next following monthly scheduled due date; "60 to 89
days" or "60 or more days" delinquent when a payment due on any scheduled due
date remains unpaid as of the close of business on the last business day
immediately prior to the second following monthly scheduled due date; and so on.
The determination as to whether a Mortgage Loan falls into these categories is
made as of the close of business on the last business day of each month. For
example, a Mortgage Loan with a payment due on July 1 that remained unpaid as of
the close of business on July 31 would then be considered to be 30 to 59 days
delinquent. Delinquency information as of the Cut-off Date is determined and
prepared as of the close of business on the last business day immediately prior
to the Cut-off Date.
Depository: The Depository Trust Company, or any successor Depository
hereafter named. The nominee of the initial Depository for purposes of
registering those Certificates that are to be Book-Entry Certificates is Cede &
Co. The Depository shall at all times be a "clearing corporation" as defined in
Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and
a "clearing agency" registered pursuant to the provisions of Section 17A of the
Securities Exchange Act of 1934, as amended.
Depository Participant: A broker, dealer, bank or other financial
institution or other Person for whom from time to time a Depository effects
book-entry transfers and pledges of securities deposited with the Depository.
9
Destroyed Mortgage Note: A Mortgage Note the original of which was
permanently lost or destroyed and has not been replaced.
Determination Date: As defined in the Series Supplement.
Discount Fraction: With respect to each Discount Mortgage Loan, the
fraction expressed as a percentage, the numerator of which is the Discount Net
Mortgage Rate minus the Net Mortgage Rate (or the initial Net Mortgage Rate with
respect to any Discount Mortgage Loans as to which the Mortgage Rate is modified
pursuant to 3.07(a)) for such Mortgage Loan and the denominator of which is the
Discount Net Mortgage Rate. The Discount Fraction with respect to each Discount
Mortgage Loan is set forth as an exhibit attached to the Series Supplement.
Discount Mortgage Loan: Any Mortgage Loan having a Net Mortgage Rate (or
the initial Net Mortgage Rate) of less than the Discount Net Mortgage Rate per
annum and any Mortgage Loan deemed to be a Discount Mortgage Loan pursuant to
the definition of Qualified Substitute Mortgage Loan.
Discount Net Mortgage Rate: As defined in the Series Supplement.
Disqualified Organization: Any organization defined as a "disqualified
organization" under Section 860E(e)(5) of the Code, and if not otherwise
included, any of the following: (i) the United States, any State or political
subdivision thereof, any possession of the United States, or any agency or
instrumentality of any of the foregoing (other than an instrumentality which is
a corporation if all of its activities are subject to tax and, except for
Freddie Mac, a majority of its board of directors is not selected by such
governmental unit), (ii) a foreign government, any international organization,
or any agency or instrumentality of any of the foregoing, (iii) any organization
(other than certain farmers' cooperatives described in Section 521 of the Code)
which is exempt from the tax imposed by Chapter 1 of the Code (including the tax
imposed by Section 511 of the Code on unrelated business taxable income), (iv)
rural electric and telephone cooperatives described in Section 1381(a)(2)(C) of
the Code, (v) any "electing large partnership," as defined in Section 775(a) of
the Code and (vi) any other Person so designated by the Trustee based upon an
Opinion of Counsel that the holding of an Ownership Interest in a Class R
Certificate by such Person may cause the Trust Fund or any Person having an
Ownership Interest in any Class of Certificates (other than such Person) to
incur a liability for any federal tax imposed under the Code that would not
otherwise be imposed but for the Transfer of an Ownership Interest in a Class R
Certificate to such Person. The terms "United States", "State" and
"international organization" shall have the meanings set forth in Section 7701
of the Code or successor provisions.
Distribution Date: The 25th day of any month beginning in the month
immediately following the month of the initial issuance of the Certificates or,
if such 25th day is not a Business Day, the Business Day immediately following
such 25th day.
Due Date: With respect to any Distribution Date and any Mortgage Loan,
the day during the related Due Period on which the Monthly Payment is due.
10
Due Period: With respect to any Distribution Date, the one-month period set
forth in the Series Supplement.
Eligible Account: An account that is any of the following: (i)
maintained with a depository institution the debt obligations of which have been
rated by each Rating Agency in its highest rating available, or (ii) an account
or accounts in a depository institution in which such accounts are fully insured
to the limits established by the FDIC, provided that any deposits not so insured
shall, to the extent acceptable to each Rating Agency, as evidenced in writing,
be maintained such that (as evidenced by an Opinion of Counsel delivered to the
Trustee and each Rating Agency) the registered Holders of Certificates have a
claim with respect to the funds in such account or a perfected first security
interest against any collateral (which shall be limited to Permitted
Investments) securing such funds that is superior to claims of any other
depositors or creditors of the depository institution with which such account is
maintained, or (iii) in the case of the Custodial Account, a trust account or
accounts maintained in the corporate trust department of Bank One, National
Association, or (iv) in the case of the Certificate Account, a trust account or
accounts maintained in the corporate trust division of the Trustee, or (v) an
account or accounts of a depository institution acceptable to each Rating Agency
(as evidenced in writing by each Rating Agency that use of any such account as
the Custodial Account or the Certificate Account will not reduce the rating
assigned to any Class of Certificates by such Rating Agency below the lower of
the then-current rating or the rating assigned to such Certificates as of the
Closing Date by such Rating Agency).
Event of Default: As defined in Section 7.01.
Excess Bankruptcy Loss: Any Bankruptcy Loss, or portion thereof, which
exceeds the then applicable Bankruptcy Amount.
Excess Fraud Loss: Any Fraud Loss, or portion thereof, which exceeds the
then applicable Fraud Loss Amount.
Excess Special Hazard Loss: Any Special Hazard Loss, or portion thereof,
that exceeds the then applicable Special Hazard Amount.
Excess Subordinate Principal Amount: With respect to any Distribution
Date on which the aggregate Certificate Principal Balance of the Class of
Subordinate Certificates then outstanding with the Lowest Priority is to be
reduced to zero and on which Realized Losses are to be allocated to such class
or classes, the excess, if any, of (i) the amount that would otherwise be
distributable in respect of principal on such class or classes of Certificates
on such Distribution Date over (ii) the excess, if any, of the aggregate
Certificate Principal Balance of such class or classes of Certificates
immediately prior to such Distribution Date over the aggregate amount of
Realized Losses to be allocated to such classes of Certificates on such
Distribution Date as reduced by any amount calculated pursuant to Section
4.02(b)(i)(E). With respect to any Mortgage Pool that is comprised of two or
more Loan Groups, the Excess Subordinate Principal Amount will be allocated
between each Loan Group on a pro rata basis in accordance with the amount of
Realized Losses attributable to each Loan Group and allocated to the
Certificates on such Distribution Date.
Exchange Act: The Securities and Exchange Act of 1934, as amended.
11
Extraordinary Events: Any of the following conditions with respect to a
Mortgaged Property (or, with respect to a Cooperative Loan, the Cooperative
Apartment) or Mortgage Loan causing or resulting in a loss which causes the
liquidation of such Mortgage Loan:
(a) losses that are of the type that would be covered by the fidelity
bond and the errors and omissions insurance policy required to be maintained
pursuant to Section 3.12(b) but are in excess of the coverage maintained
thereunder;
(b) nuclear reaction or nuclear radiation or radioactive contamination,
all whether controlled or uncontrolled, and whether such loss be direct or
indirect, proximate or remote or be in whole or in part caused by, contributed
to or aggravated by a peril covered by the definition of the term "Special
Hazard Loss";
(c) hostile or warlike action in time of peace or war, including action
in hindering, combating or defending against an actual, impending or expected
attack:
1. by any government or sovereign power, de jure or de facto,
or by any authority maintaining or using military, naval
or air forces; or
2. by military, naval or air forces; or
3. by an agent of any such government, power, authority or
forces;
(d) any weapon of war employing atomic fission or radioactive force
whether in time of peace or war; or
(e) insurrection, rebellion, revolution, civil war, usurped power or
action taken by governmental authority in hindering, combating or defending
against such an occurrence, seizure or destruction under quarantine or customs
regulations, confiscation by order of any government or public authority; or
risks of contraband or illegal transportation or trade.
Extraordinary Losses: Any loss incurred on a Mortgage Loan caused by or
resulting from an Extraordinary Event.
Xxxxxx Xxx: Federal National Mortgage Association, a federally chartered
and privately owned corporation organized and existing under the Federal
National Mortgage Association Charter Act, or any successor thereto.
FASIT: A "financial asset securitization investment trust" within the
meaning of Section 860L of the Code.
FDIC: Federal Deposit Insurance Corporation or any successor thereto.
Final Distribution Date: The Distribution Date on which the final
distribution in respect of the Certificates will be made pursuant to Section
9.01, which Final Distribution Date shall in no event be later than the end of
the 90-day liquidation period described in Section 9.02.
12
Fitch: Fitch, Inc. or its successor in interest.
Form 10-K Certification: As defined in Section 4.03(e).
Foreclosure Profits: As to any Distribution Date or related
Determination Date and any Mortgage Loan, the excess, if any, of Liquidation
Proceeds, Insurance Proceeds and REO Proceeds (net of all amounts reimbursable
therefrom pursuant to Section 3.10(a)(ii)) in respect of each Mortgage Loan or
REO Property for which a Cash Liquidation or REO Disposition occurred in the
related Prepayment Period over the sum of the unpaid principal balance of such
Mortgage Loan or REO Property (determined, in the case of an REO Disposition, in
accordance with Section 3.14) plus accrued and unpaid interest at the Mortgage
Rate on such unpaid principal balance from the Due Date to which interest was
last paid by the Mortgagor to the first day of the month following the month in
which such Cash Liquidation or REO Disposition occurred.
Fraud Losses: Losses on Mortgage Loans as to which there was fraud in
the origination of such Mortgage Loan.
Freddie Mac: Federal Home Loan Mortgage Corporation, a corporate
instrumentality of the United States created and existing under Title III of the
Emergency Home Finance Act of 1970, as amended, or any successor thereto.
Highest Priority: As of any date of determination, the Class of
Subordinate Certificates then outstanding with a Certificate Principal Balance
greater than zero, with the earliest priority for payments pursuant to Section
4.02(a), in the following order: Class M-1, Class M-2, Class M-3, Class B-1,
Class B-2 and Class B-3 Certificates.
Independent: When used with respect to any specified Person, means such
a Person who (i) is in fact independent of the Company, the Master Servicer and
the Trustee, or any Affiliate thereof, (ii) does not have any direct financial
interest or any material indirect financial interest in the Company, the Master
Servicer or the Trustee or in an Affiliate thereof, and (iii) is not connected
with the Company, the Master Servicer or the Trustee as an officer, employee,
promoter, underwriter, trustee, partner, director or person performing similar
functions.
Initial Certificate Principal Balance: With respect to each Class of
Certificates, the Certificate Principal Balance of such Class of Certificates as
of the Cut-off Date, as set forth in the Series Supplement.
Initial Monthly Payment Fund: An amount representing scheduled principal
amortization and interest at the Net Mortgage Rate for the Due Date in the first
Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans
for which the Trustee will not be entitled to receive such payment, and as more
specifically defined in the Series Supplement.
Initial Notional Amount: With respect to any Class or Subclass of
Interest Only Certificates, the amount initially used as the principal basis for
the calculation of any interest payment amount, as more specifically defined in
the Series Supplement.
13
Initial Subordinate Class Percentage: As defined in the Series Supplement.
Insurance Proceeds: Proceeds paid in respect of the Mortgage Loans
pursuant to any Primary Insurance Policy or any other related insurance policy
covering a Mortgage Loan (excluding any Certificate Policy (as defined in the
Series Supplement)), to the extent such proceeds are payable to the mortgagee
under the Mortgage, any Subservicer, the Master Servicer or the Trustee and are
not applied to the restoration of the related Mortgaged Property (or, with
respect to a Cooperative Loan, the related Cooperative Apartment) or released to
the Mortgagor in accordance with the procedures that the Master Servicer would
follow in servicing mortgage loans held for its own account.
Insurer: Any named insurer under any Primary Insurance Policy or any
successor thereto or the named insurer in any replacement policy.
Interest Accrual Period: As defined in the Series Supplement.
Interest Only Certificates: A Class or Subclass of Certificates not
entitled to payments of principal, and designated as such in the Series
Supplement. The Interest Only Certificates will have no Certificate Principal
Balance.
Interim Certification: As defined in Section 2.02.
Junior Certificateholder: The Holder of not less than 95% of the Percentage
Interests of the Junior Class of Certificates.
Junior Class of Certificates: The Class of Subordinate Certificates
outstanding as of the date of the repurchase of a Mortgage Loan pursuant to
Section 4.07 herein that has the Lowest Priority.
Late Collections: With respect to any Mortgage Loan, all amounts
received during any Due Period, whether as late payments of Monthly Payments or
as Insurance Proceeds, Liquidation Proceeds or otherwise, which represent late
payments or collections of Monthly Payments due but delinquent for a previous
Due Period and not previously recovered.
Liquidation Proceeds: Amounts (other than Insurance Proceeds) received
by the Master Servicer in connection with the taking of an entire Mortgaged
Property by exercise of the power of eminent domain or condemnation or in
connection with the liquidation of a defaulted Mortgage Loan through trustee's
sale, foreclosure sale or otherwise, other than REO Proceeds.
Loan Group: Any group of Mortgage Loans designated as a separate loan
group in the Series Supplement. The Certificates relating to each Loan Group
will be designated in the Series Supplement.
Loan-to-Value Ratio: As of any date, the fraction, expressed as a
percentage, the numerator of which is the current principal balance of the
related Mortgage Loan at the date of determination and the denominator of which
is the Appraised Value of the related Mortgaged Property.
14
Lower Priority: As of any date of determination and any Class of
Subordinate Certificates, any other Class of Subordinate Certificates then
outstanding with a Certificate Principal Balance greater than zero, with later
priority for payments pursuant to Section 4.02(a).
Lowest Priority: As of any date of determination, the Class of
Subordinate Certificates then outstanding with the latest priority for payments
pursuant to Section 4.02(a), in the following order: Class B-3, Class B-2, Class
B-1, Class M-3, Class M-2 and Class M-1 Certificates.
Maturity Date: The latest possible maturity date, solely for purposes of
Section 1.860G-1(a)(4)(iii) of the Treasury regulations, by which the
Certificate Principal Balance of each Class of Certificates (other than the
Interest Only Certificates which have no Certificate Principal Balance) and each
Uncertificated REMIC Regular Interest would be reduced to zero, as designated in
the Series Supplement.
MERS: Mortgage Electronic Registration Systems, Inc., a corporation
organized and existing under the laws of the State of Delaware, or any successor
thereto.
MERS(R) System: The system of recording transfers of Mortgages
electronically maintained by MERS.
MIN: The Mortgage Identification Number for Mortgage Loans registered
with MERS on the MERS(R) System.
MLCC: Xxxxxxx Xxxxx Credit Corporation, or its successor in interest.
Modified Mortgage Loan: Any Mortgage Loan that has been the subject of a
Servicing Modification.
Modified Net Mortgage Rate: As to any Mortgage Loan that is the subject
of a Servicing Modification, the Net Mortgage Rate minus the rate per annum by
which the Mortgage Rate on such Mortgage Loan was reduced.
MOM Loan: With respect to any Mortgage Loan, MERS acting as the
mortgagee of such Mortgage Loan, solely as nominee for the originator of such
Mortgage Loan and its successors and assigns, at the origination thereof.
Monthly Payment: With respect to any Mortgage Loan (including any REO
Property) and any Due Date, the payment of principal and interest due thereon in
accordance with the amortization schedule at the time applicable thereto (after
adjustment, if any, for Curtailments and for Deficient Valuations occurring
prior to such Due Date but before any adjustment to such amortization schedule
by reason of any bankruptcy, other than a Deficient Valuation, or similar
proceeding or any moratorium or similar waiver or grace period and before any
Servicing Modification that constitutes a reduction of the interest rate on such
Mortgage Loan).
Moody's: Xxxxx'x Investors Service, Inc., or its successor in interest.
15
Mortgage: With respect to each Mortgage Note related to a Mortgage Loan
which is not a Cooperative Loan, the mortgage, deed of trust or other comparable
instrument creating a first lien on an estate in fee simple or leasehold
interest in real property securing a Mortgage Note.
Mortgage File: The mortgage documents listed in Section 2.01 pertaining
to a particular Mortgage Loan and any additional documents required to be added
to the Mortgage File pursuant to this Agreement.
Mortgage Loans: Such of the mortgage loans transferred and assigned to
the Trustee pursuant to Section 2.01 as from time to time are held or deemed to
be held as a part of the Trust Fund, the Mortgage Loans originally so held being
identified in the initial Mortgage Loan Schedule, and Qualified Substitute
Mortgage Loans held or deemed held as part of the Trust Fund including, without
limitation, (i) with respect to each Cooperative Loan, the related Mortgage
Note, Security Agreement, Assignment of Proprietary Lease, Cooperative Stock
Certificate, Cooperative Lease and Mortgage File and all rights appertaining
thereto, and (ii) with respect to each Mortgage Loan other than a Cooperative
Loan, each related Mortgage Note, Mortgage and Mortgage File and all rights
appertaining thereto.
Mortgage Loan Schedule: As defined in the Series Supplement.
Mortgage Note: The originally executed note or other evidence of
indebtedness evidencing the indebtedness of a Mortgagor under a Mortgage Loan,
together with any modification thereto.
Mortgage Pool: The pool of mortgage loans, including all Loan Groups, if
any, consisting of the Mortgage Loans.
Mortgage Rate: As to any Mortgage Loan, the interest rate borne by the
related Mortgage Note, or any modification thereto other than a Servicing
Modification.
Mortgaged Property: The underlying real property securing a Mortgage
Loan or, with respect to a Cooperative Loan, the related Cooperative Lease and
Cooperative Stock.
Mortgagor: The obligor on a Mortgage Note.
Net Mortgage Rate: As to each Mortgage Loan, a per annum rate of
interest equal to the Adjusted Mortgage Rate less the per annum rate at which
the Servicing Fee is calculated.
Non-Discount Mortgage Loan: A Mortgage Loan that is not a Discount
Mortgage Loan.
Non-Primary Residence Loans: The Mortgage Loans designated as secured by
second or vacation residences, or by non-owner occupied residences, on the
Mortgage Loan Schedule.
Non-United States Person: Any Person other than a United States Person.
Nonrecoverable Advance: Any Advance previously made or proposed to be made
by the Master Servicer or Subservicer in respect of a Mortgage Loan (other than
a Deleted Mortgage Loan)
16
which, in the good faith judgment of the Master Servicer, will not, or, in the
case of a proposed Advance, would not, be ultimately recoverable by the Master
Servicer from related Late Collections, Insurance Proceeds, Liquidation
Proceeds, REO Proceeds or amounts reimbursable to the Master Servicer pursuant
to Section 4.02(a) hereof. To the extent that any Mortgagor is not obligated
under the related Mortgage documents to pay or reimburse any portion of any
Servicing Advances that are outstanding with respect to the related Mortgage
Loan as a result of a modification of such Mortgage Loan by the Master Servicer,
which forgives amounts which the Master Servicer or Subservicer had previously
advanced, and the Master Servicer determines that no other source of payment or
reimbursement for such advances is available to it, such Servicing Advances
shall be deemed to be Nonrecoverable Advances. The determination by the Master
Servicer that it has made a Nonrecoverable Advance or that any proposed Advance
would constitute a Nonrecoverable Advance, shall be evidenced by an Officers'
Certificate delivered to the Company, the Trustee and any Certificate Insurer.
Nonsubserviced Mortgage Loan: Any Mortgage Loan that, at the time of
reference thereto, is not subject to a Subservicing Agreement.
Notional Amount: With respect to any Class or Subclass of Interest Only
Certificates, an amount used as the principal basis for the calculation of any
interest payment amount, as more specifically defined in the Series Supplement.
Officers' Certificate: A certificate signed by the Chairman of the
Board, the President or a Vice President or Assistant Vice President, or a
Director or Managing Director, and by the Treasurer, the Secretary, or one of
the Assistant Treasurers or Assistant Secretaries of the Company or the Master
Servicer, as the case may be, and delivered to the Trustee, as required by this
Agreement.
Opinion of Counsel: A written opinion of counsel acceptable to the
Trustee and the Master Servicer, who may be counsel for the Company or the
Master Servicer, provided that any opinion of counsel (i) referred to in the
definition of "Disqualified Organization" or (ii) relating to the qualification
of any REMIC formed under the Series Supplement or compliance with the REMIC
Provisions must, unless otherwise specified, be an opinion of Independent
counsel.
Outstanding Mortgage Loan: As to any Due Date, a Mortgage Loan
(including an REO Property) which was not the subject of a Principal Prepayment
in Full, Cash Liquidation or REO Disposition and which was not purchased,
deleted or substituted for prior to such Due Date pursuant to Section 2.02,
2.03, 2.04 or 4.07.
Ownership Interest: As to any Certificate, any ownership or security
interest in such Certificate, including any interest in such Certificate as the
Holder thereof and any other interest therein, whether direct or indirect, legal
or beneficial, as owner or as pledgee.
Pass-Through Rate: As defined in the Series Supplement.
Paying Agent: The Trustee or any successor Paying Agent appointed by the
Trustee.
17
Percentage Interest: With respect to any Certificate (other than a Class
R Certificate), the undivided percentage ownership interest in the related Class
evidenced by such Certificate, which percentage ownership interest shall be
equal to the Initial Certificate Principal Balance thereof or Initial Notional
Amount (in the case of any Interest Only Certificate) thereof divided by the
aggregate Initial Certificate Principal Balance or the aggregate of the Initial
Notional Amounts, as applicable, of all the Certificates of the same Class. With
respect to a Class R Certificate, the interest in distributions to be made with
respect to such Class evidenced thereby, expressed as a percentage, as stated on
the face of each such Certificate.
Permitted Investments: One or more of the following:
(i) obligations of or guaranteed as to principal and interest by
the United States or any agency or instrumentality thereof when such
obligations are backed by the full faith and credit of the United
States;
(ii) repurchase agreements on obligations specified in clause (i)
maturing not more than one month from the date of acquisition thereof,
provided that the unsecured obligations of the party agreeing to
repurchase such obligations are at the time rated by each Rating Agency
in its highest short-term rating available;
(iii) federal funds, certificates of deposit, demand deposits,
time deposits and bankers' acceptances (which shall each have an
original maturity of not more than 90 days and, in the case of bankers'
acceptances, shall in no event have an original maturity of more than
365 days or a remaining maturity of more than 30 days) denominated in
United States dollars of any U.S. depository institution or trust
company incorporated under the laws of the United States or any state
thereof or of any domestic branch of a foreign depository institution or
trust company; provided that the debt obligations of such depository
institution or trust company (or, if the only Rating Agency is Standard
& Poor's, in the case of the principal depository institution in a
depository institution holding company, debt obligations of the
depository institution holding company) at the date of acquisition
thereof have been rated by each Rating Agency in its highest short-term
rating available; and provided further that, if the only Rating Agency
is Standard & Poor's and if the depository or trust company is a
principal subsidiary of a bank holding company and the debt obligations
of such subsidiary are not separately rated, the applicable rating shall
be that of the bank holding company; and, provided further that, if the
original maturity of such short-term obligations of a domestic branch of
a foreign depository institution or trust company shall exceed 30 days,
the short-term rating of such institution shall be A-1+ in the case of
Standard & Poor's if Standard & Poor's is the Rating Agency;
(iv) commercial paper and demand notes (having original
maturities of not more than 365 days) of any corporation incorporated
under the laws of the United States or any state thereof which on the
date of acquisition has been rated by each Rating Agency in its highest
short-term rating available; provided that such commercial paper shall
have a remaining maturity of not more than 30 days;
18
(v) a money market fund or a qualified investment fund rated by
each Rating Agency in its highest long-term rating available; and
(vi) other obligations or securities that are acceptable to each
Rating Agency as a Permitted Investment hereunder and will not reduce
the rating assigned to any Class of Certificates by such Rating Agency
below the lower of the then-current rating or the rating assigned to
such Certificates as of the Closing Date by such Rating Agency, as
evidenced in writing;
provided, however, no instrument shall be a Permitted Investment if it
represents, either (1) the right to receive only interest payments with respect
to the underlying debt instrument or (2) the right to receive both principal and
interest payments derived from obligations underlying such instrument and the
principal and interest payments with respect to such instrument provide a yield
to maturity greater than 120% of the yield to maturity at par of such underlying
obligations. References herein to the highest rating available on unsecured
long-term debt shall mean AAA in the case of Standard & Poor's and Fitch and Aaa
in the case of Moody's, and references herein to the highest rating available on
unsecured commercial paper and short-term debt obligations shall mean A-1 in the
case of Standard & Poor's, P-1 in the case of Moody's and either A-1 by Standard
& Poor's, P-1 by Moody's or F-1 by Fitch in the case of Fitch.
Permitted Transferee: Any Transferee of a Class R Certificate, other
than a Disqualified Organization or Non-United States Person.
Person: Any individual, corporation, limited liability company,
partnership, joint venture, association, joint-stock company, trust,
unincorporated organization or government or any agency or political subdivision
thereof.
Pledged Amount: With respect to any Pledged Asset Loan, the amount of
money remitted to Combined Collateral LLC, at the direction of or for the
benefit of the related Mortgagor.
Pledged Asset Loan: Any Mortgage Loan supported by Pledged Assets or
such other collateral, other than the related Mortgaged Property, set forth in
the Series Supplement.
Pledged Assets: With respect to any Mortgage Loan, all money,
securities, security entitlements, accounts, general intangibles, instruments,
documents, certificates of deposit, commodities contracts and other investment
property and other property of whatever kind or description pledged by Combined
Collateral LLC as security in respect of any Realized Losses in connection with
such Mortgage Loan up to the Pledged Amount for such Mortgage Loan, and any
related collateral, or such other collateral as may be set forth in the Series
Supplement.
Pledged Asset Mortgage Servicing Agreement: The Pledged Asset Mortgage
Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master
Servicer.
Pooling and Servicing Agreement or Agreement: With respect to any
Series, this Standard Terms together with the related Series Supplement.
19
Pool Stated Principal Balance: As to any Distribution Date, the aggregate
of the Stated Principal Balances of each Mortgage Loan.
Pool Strip Rate: With respect to each Mortgage Loan, a per annum rate
equal to the excess of (a) the Net Mortgage Rate of such Mortgage Loan over (b)
the Discount Net Mortgage Rate (but not less than 0.00%) per annum.
Prepayment Distribution Trigger: With respect to any Distribution Date
and any Class of Subordinate Certificates (other than the Class M-1
Certificates), a test that shall be satisfied if the fraction (expressed as a
percentage) equal to the sum of the Certificate Principal Balances of such Class
and each Class of Subordinate Certificates with a Lower Priority than such Class
immediately prior to such Distribution Date divided by the aggregate Stated
Principal Balance of all of the Mortgage Loans (or related REO Properties)
immediately prior to such Distribution Date is greater than or equal to the sum
of the related Initial Subordinate Class Percentages of such Classes of
Subordinate Certificates.
Prepayment Interest Shortfall: As to any Distribution Date and any
Mortgage Loan (other than a Mortgage Loan relating to an REO Property) that was
the subject of (a) a Principal Prepayment in Full during the portion of the
related Prepayment Period that falls during the prior calendar month, an amount
equal to the excess of one month's interest at the Net Mortgage Rate (or
Modified Net Mortgage Rate in the case of a Modified Mortgage Loan) on the
Stated Principal Balance of such Mortgage Loan over the amount of interest
(adjusted to the Net Mortgage Rate (or Modified Net Mortgage Rate in the case of
a Modified Mortgage Loan)) paid by the Mortgagor for such month to the date of
such Principal Prepayment in Full or (b) a Curtailment during the prior calendar
month, an amount equal to one month's interest at the Net Mortgage Rate (or
Modified Net Mortgage Rate in the case of a Modified Mortgage Loan) on the
amount of such Curtailment.
Prepayment Period: As to any Distribution Date and Principal Prepayment
in Full, the period commencing on the 16th day of the month prior to the month
prior to the month in which that Distribution Date occurs and ending on the 15th
day of the month in which such Distribution Date occurs.
Primary Insurance Policy: Each primary policy of mortgage guaranty
insurance or any replacement policy therefor referred to in Section 2.03(b)(iv)
and (v).
Principal Only Certificates: A Class of Certificates not entitled to
payments of interest, and more specifically designated as such in the Series
Supplement.
Principal Prepayment: Any payment of principal or other recovery on a
Mortgage Loan, including a recovery that takes the form of Liquidation Proceeds
or Insurance Proceeds, which is received in advance of its scheduled Due Date
and is not accompanied by an amount as to interest representing scheduled
interest on such payment due on any date or dates in any month or months
subsequent to the month of prepayment.
Principal Prepayment in Full: Any Principal Prepayment of the entire
principal balance of a Mortgage Loan that is made by the Mortgagor.
20
Program Guide: Collectively, the Client Guide and the Servicer Guide for
Residential Funding's mortgage loan purchase and conduit servicing program and
all supplements and amendments thereto published by Residential Funding from
time to time.
Purchase Price: With respect to any Mortgage Loan (or REO Property)
required to be or otherwise purchased on any date pursuant to Section 2.02,
2.03, 2.04 or 4.07, an amount equal to the sum of (i) 100% of the Stated
Principal Balance thereof plus the principal portion of any related unreimbursed
Advances and (ii) unpaid accrued interest at the Adjusted Mortgage Rate (or
Modified Net Mortgage Rate plus the rate per annum at which the Servicing Fee is
calculated in the case of a Modified Mortgage Loan) (or at the Net Mortgage Rate
(or Modified Net Mortgage Rate in the case of a Modified Mortgage Loan) in the
case of a purchase made by the Master Servicer) on the Stated Principal Balance
thereof to the Due Date in the Due Period related to the Distribution Date
occurring in the month following the month of purchase from the Due Date to
which interest was last paid by the Mortgagor.
Qualified Substitute Mortgage Loan: A Mortgage Loan substituted by
Residential Funding or the Company for a Deleted Mortgage Loan which must, on
the date of such substitution, as confirmed in an Officers' Certificate
delivered to the Trustee, with a copy to the Custodian,
(i) have an outstanding principal balance, after deduction of the
principal portion of the monthly payment due in the month of
substitution (or in the case of a substitution of more than one
Mortgage Loan for a Deleted Mortgage Loan, an aggregate
outstanding principal balance, after such deduction), not in
excess of the Stated Principal Balance of the Deleted Mortgage
Loan (the amount of any shortfall to be deposited by Residential
Funding in the Custodial Account in the month of substitution);
(ii) have a Mortgage Rate and a Net Mortgage Rate no lower than and
not more than 1% per annum higher than the Mortgage Rate and Net
Mortgage Rate, respectively, of the Deleted Mortgage Loan as of
the date of substitution;
(iii) have a Loan-to-Value Ratio at the time of substitution no higher
than that of the Deleted Mortgage Loan at the time of
substitution;
(iv) have a remaining term to stated maturity not greater than (and
not more than one year less than) that of the Deleted Mortgage
Loan;
(v) comply with each representation and warranty set forth in
Sections 2.03 and 2.04 hereof and Section 4 of the Assignment
Agreement; and
(vi) have a Pool Strip Rate equal to or greater than that of the
Deleted Mortgage Loan.
Notwithstanding any other provisions herein, (x) with respect to any Qualified
Substitute Mortgage Loan substituted for a Deleted Mortgage Loan which was a
Discount Mortgage Loan, such Qualified Substitute Mortgage Loan shall be deemed
to be a Discount Mortgage Loan and to have a Discount Fraction equal to the
Discount Fraction of the Deleted Mortgage Loan and (y) in the event that the
21
"Pool Strip Rate" of any Qualified Substitute Mortgage Loan as calculated
pursuant to the definition of "Pool Strip Rate" is greater than the Pool Strip
Rate of the related Deleted Mortgage Loan
(i) the Pool Strip Rate of such Qualified Substitute Mortgage Loan
shall be equal to the Pool Strip Rate of the related Deleted
Mortgage Loan for purposes of calculating the Pass-Through Rate
on the Class A-V Certificates and
(ii) the excess of the Pool Strip Rate on such Qualified Substitute
Mortgage Loan as calculated pursuant to the definition of "Pool
Strip Rate" over the Pool Strip Rate on the related Deleted
Mortgage Loan shall be payable to the Class R Certificates
pursuant to Section 4.02 hereof.
Rating Agency: Each of the statistical credit rating agencies specified
in the Preliminary Statement of the Series Supplement. If any agency or a
successor is no longer in existence, "Rating Agency" shall be such statistical
credit rating agency, or other comparable Person, designated by the Company,
notice of which designation shall be given to the Trustee and the Master
Servicer.
Realized Loss: With respect to each Mortgage Loan (or REO Property):
(a) as to which a Cash Liquidation or REO Disposition has occurred, an
amount (not less than zero) equal to (i) the Stated Principal Balance
of the Mortgage Loan (or REO Property) as of the date of Cash
Liquidation or REO Disposition, plus (ii) interest (and REO Imputed
Interest, if any) at the Net Mortgage Rate from the Due Date as to
which interest was last paid or advanced to Certificateholders up to
the Due Date in the Due Period related to the Distribution Date on
which such Realized Loss will be allocated pursuant to Section 4.05 on
the Stated Principal Balance of such Mortgage Loan (or REO Property)
outstanding during each Due Period that such interest was not paid or
advanced, minus (iii) the proceeds, if any, received during the month
in which such Cash Liquidation (or REO Disposition) occurred, to the
extent applied as recoveries of interest at the Net Mortgage Rate and
to principal of the Mortgage Loan, net of the portion thereof
reimbursable to the Master Servicer or any Subservicer with respect to
related Advances, Servicing Advances or other expenses as to which the
Master Servicer or Subservicer is entitled to reimbursement thereunder
but which have not been previously reimbursed,
(b) which is the subject of a Servicing Modification, (i) (1) the amount
by which the interest portion of a Monthly Payment or the principal
balance of such Mortgage Loan was reduced or (2) the sum of any other
amounts owing under the Mortgage Loan that were forgiven and that
constitute Servicing Advances that are reimbursable to the Master
Servicer or a Subservicer, and (ii) any such amount with respect to a
Monthly Payment that was or would have been due in the month
immediately following the month in which a Principal Prepayment or the
Purchase Price of such Mortgage Loan is received or is deemed to have
been received,
(c) which has become the subject of a Deficient Valuation, the difference
between the principal balance of the Mortgage Loan outstanding
immediately prior to such
22
Deficient Valuation and the principal balance of the Mortgage Loan as
reduced by the Deficient Valuation, or
(d) which has become the object of a Debt Service Reduction, the
amount of such Debt Service Reduction.
Notwithstanding the above, neither a Deficient Valuation nor a Debt Service
Reduction shall be deemed a Realized Loss hereunder so long as the Master
Servicer has notified the Trustee in writing that the Master Servicer is
diligently pursuing any remedies that may exist in connection with the
representations and warranties made regarding the related Mortgage Loan and
either (A) the related Mortgage Loan is not in default with regard to payments
due thereunder or (B) delinquent payments of principal and interest under the
related Mortgage Loan and any premiums on any applicable primary hazard
insurance policy and any related escrow payments in respect of such Mortgage
Loan are being advanced on a current basis by the Master Servicer or a
Subservicer, in either case without giving effect to any Debt Service Reduction.
To the extent the Master Servicer receives Subsequent Recoveries with respect to
any Mortgage Loan, the amount of the Realized Loss with respect to that Mortgage
Loan will be reduced to the extent such recoveries are applied to reduce the
Certificate Principal Balance of any Class of Certificates on any Distribution
Date.
Record Date: With respect to each Distribution Date, the close of
business on the last Business Day of the month next preceding the month in which
the related Distribution Date occurs.
Regular Certificate: Any of the Certificates other than a Class R
Certificate.
REMIC: A "real estate mortgage investment conduit" within the meaning of
Section 860D of the Code.
REMIC Administrator: Residential Funding Corporation. If Residential
Funding Corporation is found by a court of competent jurisdiction to no longer
be able to fulfill its obligations as REMIC Administrator under this Agreement
the Master Servicer or Trustee acting as Master Servicer shall appoint a
successor REMIC Administrator, subject to assumption of the REMIC Administrator
obligations under this Agreement.
REMIC Provisions: Provisions of the federal income tax law relating to
real estate mortgage investment conduits, which appear at Sections 860A through
860G of Subchapter M of Chapter 1 of the Code, and related provisions, and
temporary and final regulations (or, to the extent not inconsistent with such
temporary or final regulations, proposed regulations) and published rulings,
notices and announcements promulgated thereunder, as the foregoing may be in
effect from time to time.
REO Acquisition: The acquisition by the Master Servicer on behalf of the
Trustee for the benefit of the Certificateholders of any REO Property pursuant
to Section 3.14.
23
REO Disposition: As to any REO Property, a determination by the Master
Servicer that it has received all Insurance Proceeds, Liquidation Proceeds, REO
Proceeds and other payments and recoveries (including proceeds of a final sale)
which the Master Servicer expects to be finally recoverable from the sale or
other disposition of the REO Property.
REO Imputed Interest: As to any REO Property, for any period, an amount
equivalent to interest (at the Net Mortgage Rate that would have been applicable
to the related Mortgage Loan had it been outstanding) on the unpaid principal
balance of the Mortgage Loan as of the date of acquisition thereof for such
period.
REO Proceeds: Proceeds, net of expenses, received in respect of any REO
Property (including, without limitation, proceeds from the rental of the related
Mortgaged Property or, with respect to a Cooperative Loan, the related
Cooperative Apartment) which proceeds are required to be deposited into the
Custodial Account only upon the related REO Disposition.
REO Property: A Mortgaged Property acquired by the Master Servicer
through foreclosure or deed in lieu of foreclosure in connection with a
defaulted Mortgage Loan.
Reportable Modified Mortgage Loan: Any Mortgage Loan that (i) has been
subject to an interest rate reduction, (ii) has been subject to a term extension
or (iii) has had amounts owing on such Mortgage Loan capitalized by adding such
amount to the Stated Principal Balance of such Mortgage Loan; provided, however,
that a Mortgage Loan modified in accordance with clause (i) above for a
temporary period shall not be a Reportable Modified Mortgage Loan if such
Mortgage Loan has not been delinquent in payments of principal and interest for
six months since the date of such modification if that interest rate reduction
is not made permanent thereafter.
Request for Release: A request for release, the forms of which are
attached as Exhibit F hereto, or an electronic request in a form acceptable to
the Custodian.
Required Insurance Policy: With respect to any Mortgage Loan, any
insurance policy which is required to be maintained from time to time under this
Agreement, the Program Guide or the related Subservicing Agreement in respect of
such Mortgage Loan.
Required Surety Payment: With respect to any Additional Collateral Loan
that becomes a Liquidated Mortgage Loan, the lesser of (i) the principal portion
of the Realized Loss with respect to such Mortgage Loan and (ii) the excess, if
any, of (a) the amount of Additional Collateral required at origination with
respect to such Mortgage Loan over (b) the net proceeds realized by the
Subservicer from the related Additional Collateral.
Residential Funding: Residential Funding Corporation, a Delaware
corporation, in its capacity as seller of the Mortgage Loans to the Company and
any successor thereto.
Responsible Officer: When used with respect to the Trustee, any officer
of the Corporate Trust Department of the Trustee, including any Senior Vice
President, any Vice President, any Assistant Vice President, any Assistant
Secretary, any Trust Officer or Assistant Trust Officer with particular
responsibility for this transaction, or any other officer of the Trustee
customarily
24
performing functions similar to those performed by any of the above designated
officers to whom, with respect to a particular matter, such matter is referred.
Retail Certificates: A Senior Certificate, if any, offered in smaller
minimum denominations than other Senior Certificates, and designated as such in
the Series Supplement.
Schedule of Discount Fractions: The schedule setting forth the Discount
Fractions with respect to the Discount Mortgage Loans, attached as an exhibit to
the Series Supplement.
Security Agreement: With respect to a Cooperative Loan, the agreement
creating a security interest in favor of the originator in the related
Cooperative Stock.
Seller: As to any Mortgage Loan, a Person, including any Subservicer,
that executed a Seller's Agreement applicable to such Mortgage Loan.
Seller's Agreement: An agreement for the origination and sale of
Mortgage Loans generally in the form of the Seller Contract referred to or
contained in the Program Guide, or in such other form as has been approved by
the Master Servicer and the Company, each containing representations and
warranties in respect of one or more Mortgage Loans consistent in all material
respects with those set forth in the Program Guide.
Senior Accelerated Distribution Percentage: With respect to any
Distribution Date occurring on or prior to the 60th Distribution Date and, with
respect to any Mortgage Pool comprised of two or more Loan Groups, any Loan
Group, 100%. With respect to any Distribution Date thereafter and any such Loan
Group, if applicable, as follows:
(i) for any Distribution Date after the 60th Distribution Date but on
or prior to the 72nd Distribution Date, the related Senior
Percentage for such Distribution Date plus 70% of the related
Subordinate Percentage for such Distribution Date;
(ii) for any Distribution Date after the 72nd Distribution Date but on
or prior to the 84th Distribution Date, the related Senior
Percentage for such Distribution Date plus 60% of the related
Subordinate Percentage for such Distribution Date;
(iii) for any Distribution Date after the 84th Distribution Date but on
or prior to the 96th Distribution Date, the related Senior
Percentage for such Distribution Date plus 40% of the related
Subordinate Percentage for such Distribution Date;
(iv) for any Distribution Date after the 96th Distribution Date but on
or prior to the 108th Distribution Date, the related Senior
Percentage for such Distribution Date plus 20% of the related
Subordinate Percentage for such Distribution Date; and
(v) for any Distribution Date thereafter, the Senior Percentage for
such Distribution Date;
provided, however,
25
(i) that any scheduled reduction to the Senior Accelerated
Distribution Percentage described above shall not occur as of any
Distribution Date unless either
(a)(1)(X) the outstanding principal balance of the Mortgage Loans
delinquent 60 days or more averaged over the last six months, as a
percentage of the aggregate outstanding Certificate Principal Balance of
the Subordinate Certificates, is less than 50% or (Y) the outstanding
principal balance of Mortgage Loans delinquent 60 days or more averaged
over the last six months, as a percentage of the aggregate outstanding
principal balance of all Mortgage Loans averaged over the last six
months, does not exceed 2% and (2) Realized Losses on the Mortgage Loans
to date for such Distribution Date if occurring during the sixth,
seventh, eighth, ninth or tenth year (or any year thereafter) after the
Closing Date are less than 30%, 35%, 40%, 45% or 50%, respectively, of
the sum of the Initial Certificate Principal Balances of the Subordinate
Certificates or
(b)(1) the outstanding principal balance of Mortgage Loans
delinquent 60 days or more averaged over the last six months, as a
percentage of the aggregate outstanding principal balance of all
Mortgage Loans averaged over the last six months, does not exceed 4% and
(2) Realized Losses on the Mortgage Loans to date for such Distribution
Date, if occurring during the sixth, seventh, eighth, ninth or tenth
year (or any year thereafter) after the Closing Date are less than 10%,
15%, 20%, 25% or 30%, respectively, of the sum of the Initial
Certificate Principal Balances of the Subordinate Certificates, and
(ii) that for any Distribution Date on which the Senior Percentage is
greater than the Percentage as of the Closing Date, the Senior
Accelerated Distribution Percentage for such Distribution Date
shall be 100%, or, if the Mortgage Pool is comprised of two or
more Loan Groups, for any Distribution Date on which the weighted
average of the Senior Percentages for each Loan Group, weighted
on the basis of the Stated Principal Balances of the Mortgage
Loans in the related Loan Group, exceeds the weighted average of
the initial Senior Percentages (calculated on such basis) for
each Loan Group, each of the Senior Accelerated Distribution
Percentages for such Distribution Date will equal 100%.
Notwithstanding the foregoing, upon the reduction of the Certificate Principal
Balances of the related Senior Certificates (other than the Class A-P
Certificates, if any) to zero, the related Senior Accelerated Distribution
Percentage shall thereafter be 0%.
Senior Certificate: As defined in the Series Supplement.
Senior Percentage: As defined in the Series Supplement.
Senior Support Certificate: A Senior Certificate that provides
additional credit enhancement to certain other classes of Senior Certificates
and designated as such in the Preliminary Statement of the Series Supplement.
Series: All of the Certificates issued pursuant to a Pooling and
Servicing Agreement and bearing the same series designation.
26
Series Supplement: The agreement into which this Standard Terms is
incorporated and pursuant to which, together with this Standard Terms, a Series
of Certificates is issued.
Servicing Accounts: The account or accounts created and maintained
pursuant to Section 3.08.
Servicing Advances: All customary, reasonable and necessary "out of
pocket" costs and expenses incurred in connection with a default, delinquency or
other unanticipated event by the Master Servicer or a Subservicer in the
performance of its servicing obligations, including, but not limited to, the
cost of (i) the preservation, restoration and protection of a Mortgaged Property
or, with respect to a Cooperative Loan, the related Cooperative Apartment, (ii)
any enforcement or judicial proceedings, including foreclosures, including any
expenses incurred in relation to any such proceedings that result from the
Mortgage Loan being registered on the MERS System, (iii) the management and
liquidation of any REO Property, (iv) any mitigation procedures implemented in
accordance with Section 3.07, and (v) compliance with the obligations under
Sections 3.01, 3.08, 3.12(a) and 3.14, including, if the Master Servicer or any
Affiliate of the Master Servicer provides services such as appraisals and
brokerage services that are customarily provided by Persons other than servicers
of mortgage loans, reasonable compensation for such services.
Servicing Fee: With respect to any Mortgage Loan and Distribution Date,
the fee payable monthly to the Master Servicer in respect of master servicing
compensation that accrues at an annual rate designated on the Mortgage Loan
Schedule as the "MSTR SERV FEE" for such Mortgage Loan, as may be adjusted with
respect to successor Master Servicers as provided in Section 7.02.
Servicing Modification: Any reduction of the interest rate on or the
outstanding principal balance of a Mortgage Loan, any extension of the final
maturity date of a Mortgage Loan, and any increase to the outstanding principal
balance of a Mortgage Loan by adding to the Stated Principal Balance unpaid
principal and interest and other amounts owing under the Mortgage Loan, in each
case pursuant to a modification of a Mortgage Loan that is in default, or for
which, in the judgment of the Master Servicer, default is reasonably
foreseeable, in accordance with Section 3.07(a).
Servicing Officer: Any officer of the Master Servicer involved in, or
responsible for, the administration and servicing of the Mortgage Loans whose
name and specimen signature appear on a list of servicing officers furnished to
the Trustee by the Master Servicer, as such list may from time to time be
amended.
Special Hazard Loss: Any Realized Loss not in excess of the cost of the
lesser of repair or replacement of a Mortgaged Property (or, with respect to a
Cooperative Loan, the related Cooperative Apartment) suffered by such Mortgaged
Property (or Cooperative Apartment) on account of direct physical loss,
exclusive of (i) any loss of a type covered by a hazard policy or a flood
insurance policy required to be maintained in respect of such Mortgaged Property
pursuant to Section 3.12(a), except to the extent of the portion of such loss
not covered as a result of any coinsurance provision and (ii) any Extraordinary
Loss.
Standard & Poor's: Standard & Poor's, a division of The XxXxxx-Xxxx
Companies, Inc., or its successor in interest.
27
Stated Principal Balance: With respect to any Mortgage Loan or related
REO Property, at any given time, (i) the sum of (a) the Cut-off Date Principal
Balance of the Mortgage Loan plus (b) any amount by which the Stated Principal
Balance of the Mortgage Loan is increased pursuant to a Servicing Modification,
minus (ii) the sum of (a) the principal portion of the Monthly Payments due with
respect to such Mortgage Loan or REO Property during each Due Period ending
prior to the most recent Distribution Date which were received or with respect
to which an Advance was made, and (b) all Principal Prepayments with respect to
such Mortgage Loan or REO Property, and all Insurance Proceeds, Liquidation
Proceeds and REO Proceeds, to the extent applied by the Master Servicer as
recoveries of principal in accordance with Section 3.14 with respect to such
Mortgage Loan or REO Property, in each case which were distributed pursuant to
Section 4.02 on any previous Distribution Date, and (c) any Realized Loss
allocated to Certificateholders with respect thereto for any previous
Distribution Date.
Subclass: With respect to the Class A-V Certificates, any Subclass
thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the
Uncertificated Class A-V REMIC Regular Interest or Interests specified by the
initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).
Subordinate Certificate: Any one of the Class M Certificates or Class B
Certificates, executed by the Trustee and authenticated by the Certificate
Registrar substantially in the form annexed hereto as Exhibit B and Exhibit C,
respectively.
Subordinate Class Percentage: With respect to any Distribution Date and
any Class of Subordinate Certificates, a fraction, expressed as a percentage,
the numerator of which is the aggregate Certificate Principal Balance of such
Class of Subordinate Certificates immediately prior to such date and the
denominator of which is the aggregate Stated Principal Balance of all of the
Mortgage Loans (or related REO Properties) (other than the related Discount
Fraction of each Discount Mortgage Loan) immediately prior to such Distribution
Date.
Subordinate Percentage: As of any Distribution Date and, with respect to
any Mortgage Pool comprised of two or more Loan Groups, any Loan Group, 100%
minus the related Senior Percentage as of such Distribution Date.
Subsequent Recoveries: As of any Distribution Date, amounts received by
the Master Servicer (net of any related expenses permitted to be reimbursed
pursuant to Section 3.10) or surplus amounts held by the Master Servicer to
cover estimated expenses (including, but not limited to, recoveries in respect
of the representations and warranties made by the related Seller pursuant to the
applicable Seller's Agreement and assigned to the Trustee pursuant to Section
2.04) specifically related to a Mortgage Loan that was the subject of a Cash
Liquidation or an REO Disposition prior to the related Prepayment Period that
resulted in a Realized Loss.
Subserviced Mortgage Loan: Any Mortgage Loan that, at the time of
reference thereto, is subject to a Subservicing Agreement.
Subservicer: Any Person with whom the Master Servicer has entered into a
Subservicing Agreement and who generally satisfied the requirements set forth in
the Program Guide in respect
28
of the qualification of a Subservicer as of the date of its approval as a
Subservicer by the Master Servicer.
Subservicer Advance: Any delinquent installment of principal and
interest on a Mortgage Loan which is advanced by the related Subservicer (net of
its Subservicing Fee) pursuant to the Subservicing Agreement.
Subservicing Account: An account established by a Subservicer in
accordance with Section 3.08.
Subservicing Agreement: The written contract between the Master Servicer
and any Subservicer relating to servicing and administration of certain Mortgage
Loans as provided in Section 3.02, generally in the form of the servicer
contract referred to or contained in the Program Guide or in such other form as
has been approved by the Master Servicer and the Company. With respect to
Additional Collateral Loans subserviced by MLCC, the Subservicing Agreement
shall also include the Addendum and Assignment Agreement and the Pledged Asset
Mortgage Servicing Agreement. With respect to any Pledged Asset Loan subserviced
by GMAC Mortgage Corporation, the Addendum and Assignment Agreement, dated as of
November 24, 1998, between the Master Servicer and GMAC Mortgage Corporation, as
such agreement may be amended from time to time.
Subservicing Fee: As to any Mortgage Loan, the fee payable monthly to
the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to
the Master Servicer) in respect of subservicing and other compensation that
accrues at an annual rate equal to the excess of the Mortgage Rate borne by the
related Mortgage Note over the rate per annum designated on the Mortgage Loan
Schedule as the "CURR NET" for such Mortgage Loan.
Surety: Ambac, or its successors in interest, or such other surety as
may be identified in the Series Supplement.
Surety Bond: The Limited Purpose Surety Bond (Policy No. AB0039BE),
dated February 28, 1996 in respect to Mortgage Loans originated by MLCC, or the
Surety Bond (Policy No. AB0240BE), dated March 17, 1999 in respect to Mortgage
Loans originated by Novus Financial Corporation, in each case issued by Ambac
for the benefit of certain beneficiaries, including the Trustee for the benefit
of the Holders of the Certificates, but only to the extent that such Surety Bond
covers any Additional Collateral Loans, or such other Surety Bond as may be
identified in the Series Supplement.
Tax Returns: The federal income tax return on Internal Revenue Service
Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return,
including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of
REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed
on behalf of any REMIC formed under the Series Supplement and under the REMIC
Provisions, together with any and all other information, reports or returns that
may be required to be furnished to the Certificateholders or filed with the
Internal Revenue Service or any other governmental taxing authority under any
applicable provisions of federal, state or local tax laws.
29
Transfer: Any direct or indirect transfer, sale, pledge, hypothecation or
other form of assignment of any Ownership Interest in a Certificate.
Transferee: Any Person who is acquiring by Transfer any Ownership Interest
in a Certificate.
Transferor: Any Person who is disposing by Transfer of any Ownership
Interest in a Certificate.
Trust Fund: The segregated pool of assets consisting of:
(i) the Mortgage Loans and the related Mortgage Files and collateral
securing such Mortgage Loans,
(ii) all payments on and collections in respect of the Mortgage Loans
due after the Cut-off Date (other than Monthly Payments due in
the month of the Cut-Off Date) as shall be on deposit in the
Custodial Account or in the Certificate Account and identified as
belonging to the Trust Fund, including the proceeds from the
liquidation of Additional Collateral for any Additional
Collateral Loan or Pledged Assets for any Pledged Asset Loan, but
not including amounts on deposit in the Initial Monthly Payment
Fund,
(iii) property that secured a Mortgage Loan and that has been acquired
for the benefit of the Certificateholders by foreclosure or deed
in lieu of foreclosure,
(iv) the hazard insurance policies and Primary Insurance Policies, if
any, the Pledged Assets with respect to each Pledged Asset Loan,
and the interest in the Surety Bond transferred to the Trustee
pursuant to Section 2.01,
(v) the Initial Monthly Payment Fund, and
(vi) all proceeds of clauses (i) through (v) above.
Underwriter: As defined in the Series Supplement.
Uniform Single Attestation Program for Mortgage Bankers: The Uniform
Single Attestation Program for Mortgage Bankers, as published by the Mortgage
Bankers Association of America and effective with respect to fiscal periods
ending on or after December 15, 1995.
Uninsured Cause: Any cause of damage to property subject to a Mortgage
such that the complete restoration of such property is not fully reimbursable by
the hazard insurance policies.
United States Person: A citizen or resident of the United States, a
corporation, partnership or other entity created or organized in, or under the
laws of, the United States, provided that, for purposes solely of the
restrictions on the transfer of residual interests, no partnership or other
entity treated as a partnership for United States federal income tax purposes
shall be treated as a United States Person unless all persons that own an
interest in such partnership either directly or through
30
any entity that is not a corporation for United States federal income tax
purposes are required by the applicable operating agreement to be United States
Persons, any state thereof, or the District of Columbia (except in the case of a
partnership, to the extent provided in Treasury regulations) or any political
subdivision thereof, or an estate that is described in Section 7701(a)(30)(D) of
the Code, or a trust that is described in Section 7701(a)(30)(E) of the Code.
Voting Rights: The portion of the voting rights of all of the
Certificates which is allocated to any Certificate, and more specifically
designated in Article XI of the Series Supplement.
Section 1.02 Use of Words and Phrases.
"Herein," "hereby," "hereunder," 'hereof," "hereinbefore," "hereinafter"
and other equivalent words refer to the Pooling and Servicing Agreement as a
whole. All references herein to Articles, Sections or Subsections shall mean the
corresponding Articles, Sections and Subsections in the Pooling and Servicing
Agreement. The definition set forth herein include both the singular and the
plural.
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans.
(a) The Company, concurrently with the execution and delivery hereof,
does hereby assign to the Trustee without recourse all the right, title and
interest of the Company in and to the Mortgage Loans, including all interest and
principal received on or with respect to the Mortgage Loans after the Cut-off
Date (other than payments of principal and interest due on the Mortgage Loans in
the month of the Cut-off Date). In connection with such transfer and assignment,
the Company does hereby deliver to the Trustee the Certificate Policy (as
defined in the Series Supplement), if any.
(b) In connection with such assignment, except as set forth in Section
2.01(c) and subject to Section 2.01(d) below, the Company does hereby deliver
to, and deposit with, the Trustee, or to and with one or more Custodians, as the
duly appointed agent or agents of the Trustee for such purpose, the following
documents or instruments (or copies thereof as permitted by this Section) (I)
with respect to each Mortgage Loan so assigned (other than a Cooperative Loan):
(i) The original Mortgage Note, endorsed without recourse
to the order of the Trustee and showing an unbroken chain of
endorsements from the originator thereof to the Person endorsing
it to the Trustee, or with respect to any Destroyed Mortgage
Note, an original lost note affidavit from the related Seller or
Residential Funding stating that the original Mortgage Note was
lost, misplaced or destroyed, together with a copy of the related
Mortgage Note;
31
(ii) The original Mortgage, noting the presence of the MIN
of the Mortgage Loan and language indicating that the Mortgage
Loan is a MOM Loan if the Mortgage Loan is a MOM Loan, with
evidence of recording indicated thereon or a copy of the Mortgage
with evidence of recording indicated thereon;
(iii) Unless the Mortgage Loan is registered on the
MERS(R) System, an original Assignment of the Mortgage to the
Trustee with evidence of recording indicated thereon or a copy of
such assignment with evidence of recording indicated thereon;
(iv) The original recorded assignment or assignments of
the Mortgage showing an unbroken chain of title from the
originator thereof to the Person assigning it to the Trustee (or
to MERS, if the Mortgage Loan is registered on the MERS(R) System
and noting the presence of a MIN) with evidence of recordation
noted thereon or attached thereto, or a copy of such assignment
or assignments of the Mortgage with evidence of recording
indicated thereon; and
(v) The original of each modification, assumption
agreement or preferred loan agreement, if any, relating to such
Mortgage Loan or a copy of each modification, assumption
agreement or preferred loan agreement.
and (II) with respect to each Cooperative Loan so assigned:
(i) The original Mortgage Note, endorsed without recourse
to the order of the Trustee and showing an unbroken chain of
endorsements from the originator thereof to the Person endorsing
it to the Trustee, or with respect to any Destroyed Mortgage
Note, an original lost note affidavit from the related Seller or
Residential Funding stating that the original Mortgage Note was
lost, misplaced or destroyed, together with a copy of the related
Mortgage Note;
(ii) A counterpart of the Cooperative Lease and the
Assignment of Proprietary Lease to the originator of the
Cooperative Loan with intervening assignments showing an unbroken
chain of title from such originator to the Trustee;
(iii) The related Cooperative Stock Certificate,
representing the related Cooperative Stock pledged with respect
to such Cooperative Loan, together with an undated stock power
(or other similar instrument) executed in blank;
(iv) The original recognition agreement by the Cooperative
of the interests of the mortgagee with respect to the related
Cooperative Loan;
(v) The Security Agreement;
(vi) Copies of the original UCC-1 financing statement, and
any continuation statements, filed by the originator of such
Cooperative Loan as secured
32
party, each with evidence of recording thereof, evidencing the
interest of the originator under the Security Agreement and the
Assignment of Proprietary Lease;
(vii) Copies of the filed UCC-3 assignments of the
security interest referenced in clause (vi) above showing an
unbroken chain of title from the originator to the Trustee, each
with evidence of recording thereof, evidencing the interest of
the originator under the Security Agreement and the Assignment of
Proprietary Lease;
(viii) An executed assignment of the interest of the
originator in the Security Agreement, Assignment of Proprietary
Lease and the recognition agreement referenced in clause (iv)
above, showing an unbroken chain of title from the originator to
the Trustee;
(ix) The original of each modification, assumption
agreement or preferred loan agreement, if any, relating to such
Cooperative Loan; and
(x) A duly completed UCC-1 financing statement showing the
Master Servicer as debtor, the Company as secured party and the
Trustee as assignee and a duly completed UCC-1 financing
statement showing the Company as debtor and the Trustee as
secured party, each in a form sufficient for filing, evidencing
the interest of such debtors in the Cooperative Loans.
(c) The Company may, in lieu of delivering the original of the documents
set forth in Section 2.01(b)(I)(ii), (iii), (iv) and (v) and Section
(b)(II)(ii), (iv), (vii), (ix) and (x) (or copies thereof as permitted by
Section 2.01(b)) to the Trustee or the Custodian or Custodians, deliver such
documents to the Master Servicer, and the Master Servicer shall hold such
documents in trust for the use and benefit of all present and future
Certificateholders until such time as is set forth in the next sentence. Within
thirty Business Days following the earlier of (i) the receipt of the original of
all of the documents or instruments set forth in Section 2.01(b)(I)(ii), (iii),
(iv) and (v) and Section (b)(II)(ii), (iv), (vii), (ix) and (x) (or copies
thereof as permitted by such Section) for any Mortgage Loan and (ii) a written
request by the Trustee to deliver those documents with respect to any or all of
the Mortgage Loans then being held by the Master Servicer, the Master Servicer
shall deliver a complete set of such documents to the Trustee or the Custodian
or Custodians that are the duly appointed agent or agents of the Trustee.
(d) Notwithstanding the provisions of Section 2.01(c), in connection
with any Mortgage Loan, if the Company cannot deliver the original of the
Mortgage, any assignment, modification, assumption agreement or preferred loan
agreement (or copy thereof as permitted by Section 2.01(b)) with evidence of
recording thereon concurrently with the execution and delivery of this Agreement
because of (i) a delay caused by the public recording office where such
Mortgage, assignment, modification, assumption agreement or preferred loan
agreement as the case may be, has been delivered for recordation, or (ii) a
delay in the receipt of certain information necessary to prepare the related
assignments, the Company shall deliver or cause to be delivered to the Trustee
or the respective Custodian a copy of such Mortgage, assignment, modification,
assumption agreement or preferred loan agreement.
33
The Company shall promptly cause to be recorded in the appropriate
public office for real property records the Assignment referred to in clause
(I)(iii) of Section 2.01(b), except (a) in states where, in the opinion of
counsel acceptable to the Trustee and the Master Servicer, such recording is not
required to protect the Trustee's interests in the Mortgage Loan against the
claim of any subsequent transferee or any successor to or creditor of the
Company or the originator of such Mortgage Loan or (b) if MERS is identified on
the Mortgage or on a properly recorded assignment of the Mortgage as the
mortgagee of record solely as nominee for the Seller and its successors and
assigns, and shall promptly cause to be filed the Form UCC-3 assignment and
UCC-1 financing statement referred to in clause (II)(vii) and (x), respectively,
of Section 2.01(b). If any Assignment, Form UCC-3 or Form UCC-1, as applicable,
is lost or returned unrecorded to the Company because of any defect therein, the
Company shall prepare a substitute Assignment, Form UCC-3 or Form UCC-1, as
applicable, or cure such defect, as the case may be, and cause such Assignment
to be recorded in accordance with this paragraph. The Company shall promptly
deliver or cause to be delivered to the Trustee or the respective Custodian such
Mortgage or Assignment or Form UCC-3 or Form UCC-1, as applicable, (or copy
thereof as permitted by Section 2.01(b)) with evidence of recording indicated
thereon at the time specified in Section 2.01(c). In connection with its
servicing of Cooperative Loans, the Master Servicer will use its best efforts to
file timely continuation statements with regard to each financing statement and
assignment relating to Cooperative Loans as to which the related Cooperative
Apartment is located outside of the State of New York.
If the Company delivers to the Trustee or Custodian any Mortgage Note or
Assignment of Mortgage in blank, the Company shall, or shall cause the Custodian
to, complete the endorsement of the Mortgage Note and the Assignment of Mortgage
in the name of the Trustee in conjunction with the Interim Certification issued
by the Custodian, as contemplated by Section 2.02.
Any of the items set forth in Sections 2.01(b)(I)(ii), (iii), (iv) and
(v) and (II)(vi) and (vii) and that may be delivered as a copy rather than the
original may be delivered to the Trustee or the Custodian.
In connection with the assignment of any Mortgage Loan registered on the
MERS(R) System, the Company further agrees that it will cause, at the Company's
own expense, within 30 Business Days after the Closing Date, the MERS(R) System
to indicate that such Mortgage Loans have been assigned by the Company to the
Trustee in accordance with this Agreement for the benefit of the
Certificateholders by including (or deleting, in the case of Mortgage Loans
which are repurchased in accordance with this Agreement) in such computer files
(a) the code in the field which identifies the specific Trustee and (b) the code
in the field "Pool Field" which identifies the series of the Certificates issued
in connection with such Mortgage Loans. The Company further agrees that it will
not, and will not permit the Master Servicer to, and the Master Xxxxxxxx agrees
that it will not, alter the codes referenced in this paragraph with respect to
any Mortgage Loan during the term of this Agreement unless and until such
Mortgage Loan is repurchased in accordance with the terms of this Agreement.
(e) Residential Funding hereby assigns to the Trustee its security
interest in and to any Additional Collateral or Pledged Assets, its right to
receive amounts due or to become due in respect of any Additional Collateral or
Pledged Assets pursuant to the related Subservicing Agreement and its rights as
beneficiary under the Surety Bond in respect of any Additional Collateral Loans.
With
34
respect to any Additional Collateral Loan or Pledged Asset Loan, Residential
Funding shall cause to be filed in the appropriate recording office a UCC-3
statement giving notice of the assignment of the related security interest to
the Trust Fund and shall thereafter cause the timely filing of all necessary
continuation statements with regard to such financing statements.
(f) It is intended that the conveyance by the Company to the Trustee of
the Mortgage Loans as provided for in this Section 2.01 be and the
Uncertificated REMIC Regular Interests, if any (as provided for in Section
2.06), be construed as a sale by the Company to the Trustee of the Mortgage
Loans and any Uncertificated REMIC Regular Interests for the benefit of the
Certificateholders. Further, it is not intended that such conveyance be deemed
to be a pledge of the Mortgage Loans and any Uncertificated REMIC Regular
Interests by the Company to the Trustee to secure a debt or other obligation of
the Company. However, if the Mortgage Loans and any Uncertificated REMIC Regular
Interests are held to be property of the Company or of Residential Funding, or
if for any reason this Agreement is held or deemed to create a security interest
in the Mortgage Loans and any Uncertificated REMIC Regular Interests, then it is
intended that (a) this Agreement shall be a security agreement within the
meaning of Articles 8 and 9 of the New York Uniform Commercial Code and the
Uniform Commercial Code of any other applicable jurisdiction; (b) the conveyance
provided for in Section 2.01 shall be deemed to be, and hereby is, (1) a grant
by the Company to the Trustee of a security interest in all of the Company's
right (including the power to convey title thereto), title and interest, whether
now owned or hereafter acquired, in and to any and all general intangibles,
payment intangibles, accounts, chattel paper, instruments, documents, money,
deposit accounts, certificates of deposit, goods, letters of credit, advices of
credit and investment property and other property of whatever kind or
description now existing or hereafter acquired consisting of, arising from or
relating to any of the following: (A) the Mortgage Loans, including (i) with
respect to each Cooperative Loan, the related Mortgage Note, Security Agreement,
Assignment of Proprietary Lease, Cooperative Stock Certificate and Cooperative
Lease, (ii) with respect to each Mortgage Loan other than a Cooperative Loan,
the related Mortgage Note and Mortgage, and (iii) any insurance policies and all
other documents in the related Mortgage File, (B) all amounts payable pursuant
to the Mortgage Loans in accordance with the terms thereof, (C) any
Uncertificated REMIC Regular Interests and (D) all proceeds of the conversion,
voluntary or involuntary, of the foregoing into cash, instruments, securities or
other property, including without limitation all amounts from time to time held
or invested in the Certificate Account or the Custodial Account, whether in the
form of cash, instruments, securities or other property and (2) an assignment by
the Company to the Trustee of any security interest in any and all of
Residential Funding's right (including the power to convey title thereto), title
and interest, whether now owned or hereafter acquired, in and to the property
described in the foregoing clauses (1)(A), (B), (C) and (D) granted by
Residential Funding to the Company pursuant to the Assignment Agreement; (c) the
possession by the Trustee, the Custodian or any other agent of the Trustee of
Mortgage Notes or such other items of property as constitute instruments, money,
payment intangibles, negotiable documents, goods, deposit accounts, letters of
credit, advices of credit, investment property, certificated securities or
chattel paper shall be deemed to be "possession by the secured party," or
possession by a purchaser or a person designated by such secured party, for
purposes of perfecting the security interest pursuant to the Minnesota Uniform
Commercial Code and the Uniform Commercial Code of any other applicable
jurisdiction as in effect (including, without limitation, Sections 8-106, 9-313
and 9-106 thereof); and (d) notifications to persons holding such property, and
acknowledgments, receipts or confirmations from persons holding such property,
shall be deemed notifications to, or
35
acknowledgments, receipts or confirmations from, securities intermediaries,
bailees or agents of, or persons holding for (as applicable) the Trustee for the
purpose of perfecting such security interest under applicable law.
The Company and, at the Company's direction, Residential Funding and the
Trustee shall, to the extent consistent with this Agreement, take such
reasonable actions as may be necessary to ensure that, if this Agreement were
determined to create a security interest in the Mortgage Loans, any
Uncertificated REMIC Regular Interests and the other property described above,
such security interest would be determined to be a perfected security interest
of first priority under applicable law and will be maintained as such throughout
the term of this Agreement. Without limiting the generality of the foregoing,
the Company shall prepare and deliver to the Trustee not less than 15 days prior
to any filing date and, the Trustee shall forward for filing, or shall cause to
be forwarded for filing, at the expense of the Company, all filings necessary to
maintain the effectiveness of any original filings necessary under the Uniform
Commercial Code as in effect in any jurisdiction to perfect the Trustee's
security interest in or lien on the Mortgage Loans and any Uncertificated REMIC
Regular Interests, as evidenced by an Officers' Certificate of the Company,
including without limitation (x) continuation statements, and (y) such other
statements as may be occasioned by (1) any change of name of Residential
Funding, the Company or the Trustee (such preparation and filing shall be at the
expense of the Trustee, if occasioned by a change in the Trustee's name), (2)
any change of location of the place of business or the chief executive office of
Residential Funding or the Company, (3) any transfer of any interest of
Residential Funding or the Company in any Mortgage Loan or (4) any transfer of
any interest of Residential Funding or the Company in any Uncertificated REMIC
Regular Interest.
(g) The Master Servicer hereby acknowledges the receipt by it of the
Initial Monthly Payment Fund. The Master Servicer shall hold such Initial
Monthly Payment Fund in the Custodial Account and shall include such Initial
Monthly Payment Fund in the Available Distribution Amount for the initial
Distribution Date. Notwithstanding anything herein to the contrary, the Initial
Monthly Payment Fund shall not be an asset of any REMIC. To the extent that the
Initial Monthly Payment Fund constitutes a reserve fund for federal income tax
purposes, (1) it shall be an outside reserve fund and not an asset of any REMIC,
(2) it shall be owned by the Seller and (3) amounts transferred by any REMIC to
the Initial Monthly Payment Fund shall be treated as transferred to the Seller
or any successor, all within the meaning of Section 1.860G-2(h) of the Treasury
Regulations.
(h) The Company agrees that the sale of each Pledged Asset Loan pursuant
to this Agreement will also constitute the assignment, sale, setting-over,
transfer and conveyance to the Trustee, without recourse (but subject to the
Company's covenants, representations and warranties specifically provided
herein), of all of the Company's obligations and all of the Company's right,
title and interest in, to and under, whether now existing or hereafter acquired
as owner of the Mortgage Loan with respect to all money, securities, security
entitlements, accounts, general intangibles, instruments, documents,
certificates of deposit, commodities contracts, and other investment property
and other property of whatever kind or description consisting of, arising from
or related to (i) the Assigned Contracts, (ii) all rights, powers and remedies
of the Company as owner of such Mortgage Loan under or in connection with the
Assigned Contracts, whether arising under the terms of such Assigned Contracts,
by statute, at law or in equity, or otherwise arising out of any default by the
Mortgagor under or in connection with the Assigned Contracts, including all
rights
36
to exercise any election or option or to make any decision or determination or
to give or receive any notice, consent, approval or waiver thereunder, (iii) all
security interests in and lien of the Company as owner of such Mortgage Loan in
the Pledged Amounts and all money, securities, security entitlements, accounts,
general intangibles, instruments, documents, certificates of deposit,
commodities contracts, and other investment property and other property of
whatever kind or description and all cash and non-cash proceeds of the sale,
exchange, or redemption of, and all stock or conversion rights, rights to
subscribe, liquidation dividends or preferences, stock dividends, rights to
interest, dividends, earnings, income, rents, issues, profits, interest payments
or other distributions of cash or other property that is credited to the
Custodial Account, (iv) all documents, books and records concerning the
foregoing (including all computer programs, tapes, disks and related items
containing any such information) and (v) all insurance proceeds (including
proceeds from the Federal Deposit Insurance Corporation or the Securities
Investor Protection Corporation or any other insurance company) of any of the
foregoing or replacements thereof or substitutions therefor, proceeds of
proceeds and the conversion, voluntary or involuntary, of any thereof. The
foregoing transfer, sale, assignment and conveyance does not constitute and is
not intended to result in the creation, or an assumption by the Trustee, of any
obligation of the Company, or any other person in connection with the Pledged
Assets or under any agreement or instrument relating thereto, including any
obligation to the Mortgagor, other than as owner of the Mortgage Loan.
Section 2.02 Acceptance by Trustee.
The Trustee acknowledges receipt (or, with respect to Mortgage Loans
subject to a Custodial Agreement, and based solely upon a receipt or
certification executed by the Custodian, receipt by the respective Custodian as
the duly appointed agent of the Trustee) of the documents referred to in Section
2.01(b)(I)(i) and Section 2.01(b)(II)(i), (iii), (v), (vi) and (viii) above
(except that for purposes of such acknowledgment only, a Mortgage Note may be
endorsed in blank) and declares that it, or a Custodian as its agent, holds and
will hold such documents and the other documents constituting a part of the
Mortgage Files delivered to it, or a Custodian as its agent, and the rights of
Residential Funding with respect to any Pledged Assets, Additional Collateral
and the Surety Bond assigned to the Trustee pursuant to Section 2.01, in trust
for the use and benefit of all present and future Certificateholders. The
Trustee or Custodian (such Custodian being so obligated under a Custodial
Agreement) agrees, for the benefit of Certificateholders, to review each
Mortgage File delivered to it pursuant to Section 2.01(b) within 45 days after
the Closing Date to ascertain that all required documents (specifically as set
forth in Section 2.01(b)), have been executed and received, and that such
documents relate to the Mortgage Loans identified on the Mortgage Loan Schedule,
as supplemented, that have been conveyed to it, and to deliver to the Trustee a
certificate (the "Interim Certification") to the effect that all documents
required to be delivered pursuant to Section 2.01(b) above have been executed
and received and that such documents relate to the Mortgage Loans identified on
the Mortgage Loan Schedule, except for any exceptions listed on Schedule A
attached to such Interim Certification. Upon delivery of the Mortgage Files by
the Company or the Master Servicer, the Trustee shall acknowledge receipt (or,
with respect to Mortgage Loans subject to a Custodial Agreement, and based
solely upon a receipt or certification executed by the Custodian, receipt by the
respective Custodian as the duly appointed agent of the Trustee) of the
documents referred to in Section 2.01(c) above.
37
If the Custodian, as the Trustee's agent, finds any document or
documents constituting a part of a Mortgage File to be missing or defective, the
Trustee shall promptly so notify the Master Servicer and the Company. Pursuant
to Section 2.3 of the Custodial Agreement, the Custodian will notify the Master
Servicer, the Company and the Trustee of any such omission or defect found by it
in respect of any Mortgage File held by it in respect of the items reviewed by
it pursuant to the Custodial Agreement. If such omission or defect materially
and adversely affects the interests of the Certificateholders, the Master
Servicer shall promptly notify the related Subservicer or Seller of such
omission or defect and request that such Subservicer or Seller correct or cure
such omission or defect within 60 days from the date the Master Servicer was
notified of such omission or defect and, if such Subservicer or Seller does not
correct or cure such omission or defect within such period, that such
Subservicer or Seller purchase such Mortgage Loan from the Trust Fund at its
Purchase Price, in either case within 90 days from the date the Master Servicer
was notified of such omission or defect; provided that if the omission or defect
would cause the Mortgage Loan to be other than a "qualified mortgage" as defined
in Section 860G(a)(3) of the Code, any such cure or repurchase must occur within
90 days from the date such breach was discovered. The Purchase Price for any
such Mortgage Loan, whether purchased by the Seller or the Subservicer, shall be
deposited or caused to be deposited by the Master Servicer in the Custodial
Account maintained by it pursuant to Section 3.07 and, upon receipt by the
Trustee of written notification of such deposit signed by a Servicing Officer,
the Trustee or any Custodian, as the case may be, shall release to the Master
Servicer the related Mortgage File and the Trustee shall execute and deliver
such instruments of transfer or assignment prepared by the Master Servicer, in
each case without recourse, as shall be necessary to vest in the Seller or its
designee or the Subservicer or its designee, as the case may be, any Mortgage
Loan released pursuant hereto and thereafter such Mortgage Loan shall not be
part of the Trust Fund. In furtherance of the foregoing, if the Subservicer or
Seller that repurchases the Mortgage Loan is not a member of MERS and the
Mortgage is registered on the MERS(R) System, the Master Servicer, at its own
expense and without any right of reimbursement, shall cause MERS to execute and
deliver an assignment of the Mortgage in recordable form to transfer the
Mortgage from MERS to such Subservicer or Seller and shall cause such Mortgage
to be removed from registration on the MERS(R) System in accordance with MERS'
rules and regulations. It is understood and agreed that the obligation of the
Seller or the Subservicer, as the case may be, to so cure or purchase any
Mortgage Loan as to which a material and adverse defect in or omission of a
constituent document exists shall constitute the sole remedy respecting such
defect or omission available to Certificateholders or the Trustee on behalf of
the Certificateholders.
Section 2.03 Representations, Warranties and Covenants of the Master
Servicer and the Company.
(a) The Master Servicer hereby represents and warrants to the Trustee
for the benefit of the Certificateholders that:
(i) The Master Servicer is a corporation duly organized,
validly existing and in good standing under the laws governing
its creation and existence and is or will be in compliance with
the laws of each state in which any Mortgaged Property is located
to the extent necessary to ensure the enforceability of each
Mortgage Loan in accordance with the terms of this Agreement;
38
(ii) The execution and delivery of this Agreement by the
Master Servicer and its performance and compliance with the terms
of this Agreement will not violate the Master Servicer's
Certificate of Incorporation or Bylaws or constitute a material
default (or an event which, with notice or lapse of time, or
both, would constitute a material default) under, or result in
the material breach of, any material contract, agreement or other
instrument to which the Master Servicer is a party or which may
be applicable to the Master Servicer or any of its assets;
(iii) This Agreement, assuming due authorization,
execution and delivery by the Trustee and the Company,
constitutes a valid, legal and binding obligation of the Master
Servicer, enforceable against it in accordance with the terms
hereof subject to applicable bankruptcy, insolvency,
reorganization, moratorium and other laws affecting the
enforcement of creditors' rights generally and to general
principles of equity, regardless of whether such enforcement is
considered in a proceeding in equity or at law;
(iv) The Master Servicer is not in default with respect to
any order or decree of any court or any order, regulation or
demand of any federal, state, municipal or governmental agency,
which default might have consequences that would materially and
adversely affect the condition (financial or other) or operations
of the Master Servicer or its properties or might have
consequences that would materially adversely affect its
performance hereunder;
(v) No litigation is pending or, to the best of the Master
Servicer's knowledge, threatened against the Master Servicer
which would prohibit its entering into this Agreement or
performing its obligations under this Agreement;
(vi) The Master Servicer will comply in all material
respects in the performance of this Agreement with all reasonable
rules and requirements of each insurer under each Required
Insurance Policy;
(vii) No information, certificate of an officer, statement
furnished in writing or report delivered to the Company, any
Affiliate of the Company or the Trustee by the Master Servicer
will, to the knowledge of the Master Servicer, contain any untrue
statement of a material fact or omit a material fact necessary to
make the information, certificate, statement or report not
misleading;
(viii) The Master Servicer has examined each existing, and
will examine each new, Subservicing Agreement and is or will be
familiar with the terms thereof. The terms of each existing
Subservicing Agreement and each designated Subservicer are
acceptable to the Master Servicer and any new Subservicing
Agreements will comply with the provisions of Section 3.02; and
(ix) The Master Servicer is a member of MERS in good
standing, and will comply in all material respects with the rules
and procedures of MERS in connection with the servicing of the
Mortgage Loans that are registered with MERS.
39
It is understood and agreed that the representations and
warranties set forth in this Section 2.03(a) shall survive
delivery of the respective Mortgage Files to the Trustee or any
Custodian.
Upon discovery by either the Company, the Master Servicer, the Trustee
or any Custodian of a breach of any representation or warranty set forth in this
Section 2.03(a) which materially and adversely affects the interests of the
Certificateholders in any Mortgage Loan, the party discovering such breach shall
give prompt written notice to the other parties (any Custodian being so
obligated under a Custodial Agreement). Within 90 days of its discovery or its
receipt of notice of such breach, the Master Servicer shall either (i) cure such
breach in all material respects or (ii) to the extent that such breach is with
respect to a Mortgage Loan or a related document, purchase such Mortgage Loan
from the Trust Fund at the Purchase Price and in the manner set forth in Section
2.02; provided that if the omission or defect would cause the Mortgage Loan to
be other than a "qualified mortgage" as defined in Section 860G(a)(3) of the
Code, any such cure or repurchase must occur within 90 days from the date such
breach was discovered. The obligation of the Master Servicer to cure such breach
or to so purchase such Mortgage Loan shall constitute the sole remedy in respect
of a breach of a representation and warranty set forth in this Section 2.03(a)
available to the Certificateholders or the Trustee on behalf of the
Certificateholders.
(b) Representations and warranties relating to the Mortgage Loans are
set forth in Section 2.03(b) of the Series Supplement.
Section 2.04 Representations and Warranties of Sellers.
The Company, as assignee of Residential Funding under the Assignment
Agreement, hereby assigns to the Trustee for the benefit of Certificateholders
all of its right, title and interest in respect of the Assignment Agreement and
each Seller's Agreement (to the extent assigned to the Company pursuant to the
Assignment Agreement) applicable to a Mortgage Loan. Insofar as the Assignment
Agreement or the Company's rights under such Seller's Agreement relate to the
representations and warranties made by Residential Funding or the related Seller
in respect of such Mortgage Loan and any remedies provided thereunder for any
breach of such representations and warranties, such right, title and interest
may be enforced by the Master Servicer on behalf of the Trustee and the
Certificateholders. Upon the discovery by the Company, the Master Servicer, the
Trustee or any Custodian of a breach of any of the representations and
warranties made in a Seller's Agreement that have been assigned to the Trustee
pursuant to this Section 2.04 or of a breach of any of the representations and
warranties made in the Assignment Agreement (which, for purposes hereof, will be
deemed to include any other cause giving rise to a repurchase obligation under
the Assignment Agreement) in respect of any Mortgage Loan which materially and
adversely affects the interests of the Certificateholders in such Mortgage Loan,
the party discovering such breach shall give prompt written notice to the other
parties (any Custodian being so obligated under a Custodial Agreement). The
Master Servicer shall promptly notify the related Seller or Residential Funding,
as the case may be, of such breach and request that such Seller or Residential
Funding, as the case may be, either (i) cure such breach in all material
respects within 90 days from the date the Master Servicer was notified of such
breach or (ii) purchase such Mortgage Loan from the Trust Fund at the Purchase
Price and in the manner set forth in Section 2.02; provided that in the case of
a breach under the
40
Assignment Agreement Residential Funding shall have the option to substitute a
Qualified Substitute Mortgage Loan or Loans for such Mortgage Loan if such
substitution occurs within two years following the Closing Date; provided that
if the breach would cause the Mortgage Loan to be other than a "qualified
mortgage" as defined in Section 860G(a)(3) of the Code, any such cure,
repurchase or substitution must occur within 90 days from the date the breach
was discovered. In the event that Residential Funding elects to substitute a
Qualified Substitute Mortgage Loan or Loans for a Deleted Mortgage Loan pursuant
to this Section 2.04, Residential Funding shall deliver to the Trustee for the
benefit of the Certificateholders with respect to such Qualified Substitute
Mortgage Loan or Loans, the original Mortgage Note, the Mortgage, an Assignment
of the Mortgage in recordable form if required pursuant to Section 2.01, and
such other documents and agreements as are required by Section 2.01, with the
Mortgage Note endorsed as required by Section 2.01. No substitution will be made
in any calendar month after the Determination Date for such month. Monthly
Payments due with respect to Qualified Substitute Mortgage Loans in the month of
substitution shall not be part of the Trust Fund and will be retained by the
Master Servicer and remitted by the Master Servicer to Residential Funding on
the next succeeding Distribution Date. For the month of substitution,
distributions to the Certificateholders will include the Monthly Payment due on
a Deleted Mortgage Loan for such month and thereafter Residential Funding shall
be entitled to retain all amounts received in respect of such Deleted Mortgage
Loan. The Master Servicer shall amend or cause to be amended the Mortgage Loan
Schedule, and, if the Deleted Mortgage Loan was a Discount Mortgage Loan, the
Schedule of Discount Fractions, for the benefit of the Certificateholders to
reflect the removal of such Deleted Mortgage Loan and the substitution of the
Qualified Substitute Mortgage Loan or Loans and the Master Servicer shall
deliver the amended Mortgage Loan Schedule, and, if the Deleted Mortgage Loan
was a Discount Mortgage Loan, the amended Schedule of Discount Fractions, to the
Trustee. Upon such substitution, the Qualified Substitute Mortgage Loan or Loans
shall be subject to the terms of this Agreement and the related Subservicing
Agreement in all respects, the related Seller shall be deemed to have made the
representations and warranties with respect to the Qualified Substitute Mortgage
Loan contained in the related Seller's Agreement as of the date of substitution,
insofar as Residential Funding's rights in respect of such representations and
warranties are assigned to the Company pursuant to the Assignment Agreement, and
the Company and the Master Servicer shall be deemed to have made with respect to
any Qualified Substitute Mortgage Loan or Loans, as of the date of substitution,
the covenants, representations and warranties set forth in this Section 2.04, in
Section 2.03 hereof and in Section 4 of the Assignment Agreement, and the Master
Servicer shall be obligated to repurchase or substitute for any Qualified
Substitute Mortgage Loan as to which a Repurchase Event (as defined in the
Assignment Agreement) has occurred pursuant to Section 4 of the Assignment
Agreement.
In connection with the substitution of one or more Qualified Substitute
Mortgage Loans for one or more Deleted Mortgage Loans, the Master Servicer will
determine the amount (if any) by which the aggregate principal balance of all
such Qualified Substitute Mortgage Loans as of the date of substitution is less
than the aggregate Stated Principal Balance of all such Deleted Mortgage Loans
(in each case after application of the principal portion of the Monthly Payments
due in the month of substitution that are to be distributed to the
Certificateholders in the month of substitution). Residential Funding shall
deposit the amount of such shortfall into the Custodial Account on the day of
substitution, without any reimbursement therefor. Residential Funding shall give
notice in writing to the Trustee of such event, which notice shall be
accompanied by an Officers' Certificate as to the calculation of such shortfall
and (subject to Section 10.01(f)) by an Opinion of Counsel to the effect
41
that such substitution will not cause (a) any federal tax to be imposed on the
Trust Fund, including without limitation, any federal tax imposed on "prohibited
transactions" under Section 860F(a)(1) of the Code or on "contributions after
the startup date" under Section 860G(d)(1) of the Code or (b) any portion of any
REMIC to fail to qualify as such at any time that any Certificate is
outstanding.
It is understood and agreed that the obligation of the Seller or
Residential Funding, as the case may be, to cure such breach or purchase (or in
the case of Residential Funding to substitute for) such Mortgage Loan as to
which such a breach has occurred and is continuing shall constitute the sole
remedy respecting such breach available to the Certificateholders or the Trustee
on behalf of Certificateholders. If the Master Servicer is Residential Funding,
then the Trustee shall also have the right to give the notification and require
the purchase or substitution provided for in the second preceding paragraph in
the event of such a breach of a representation or warranty made by Residential
Funding in the Assignment Agreement. In connection with the purchase of or
substitution for any such Mortgage Loan by Residential Funding, the Trustee
shall assign to Residential Funding all of the Trustee's right, title and
interest in respect of the Seller's Agreement and the Assignment Agreement
applicable to such Mortgage Loan.
Section 2.05 Execution and Authentication of Certificates/Issuance
of Certificates Evidencing Interests in REMIC I.
As provided in Section 2.05 of the Series Supplement.
Section 2.06 Conveyance of Uncertificated REMIC I and REMIC II
Regular Interests; Acceptance by the Trustee.
As provided in Section 2.06 of the Series Supplement.
Section 2.07 Issuance of Certificates Evidencing Interests in REMIC II.
As provided in Section 2.07 of the Series Supplement.
Section 2.08 Purposes and Powers of the Trust.
The purpose of the trust, as created hereunder, is to engage in the
following activities:
(a) to sell the Certificates to the Company in exchange for the Mortgage
Loans;
(b) to enter into and perform its obligations under this Agreement;
(c) to engage in those activities that are necessary, suitable or
convenient to accomplish the foregoing or are incidental thereto or connected
therewith; and
42
(d) subject to compliance with this Agreement, to engage in such other
activities as may be required in connection with conservation of the Trust Fund
and the making of distributions to the Certificateholders.
The trust is hereby authorized to engage in the foregoing activities.
Notwithstanding the provisions of Section 11.01, the trust shall not engage in
any activity other than in connection with the foregoing or other than as
required or authorized by the terms of this Agreement while any Certificate is
outstanding, and this Section 2.08 may not be amended, without the consent of
the Certificateholders evidencing a majority of the aggregate Voting Rights of
the Certificates.
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
Section 3.01 Master Servicer to Act as Servicer.
(a) The Master Servicer shall service and administer the Mortgage Loans
in accordance with the terms of this Agreement and the respective Mortgage Loans
and shall have full power and authority, acting alone or through Subservicers as
provided in Section 3.02, to do any and all things which it may deem necessary
or desirable in connection with such servicing and administration. Without
limiting the generality of the foregoing, the Master Servicer in its own name or
in the name of a Subservicer is hereby authorized and empowered by the Trustee
when the Master Servicer or the Subservicer, as the case may be, believes it
appropriate in its best judgment, to execute and deliver, on behalf of the
Certificateholders and the Trustee or any of them, any and all instruments of
satisfaction or cancellation, or of partial or full release or discharge, or of
consent to assumption or modification in connection with a proposed conveyance,
or of assignment of any Mortgage and Mortgage Note in connection with the
repurchase of a Mortgage Loan and all other comparable instruments, or with
respect to the modification or re-recording of a Mortgage for the purpose of
correcting the Mortgage, the subordination of the lien of the Mortgage in favor
of a public utility company or government agency or unit with powers of eminent
domain, the taking of a deed in lieu of foreclosure, the commencement,
prosecution or completion of judicial or non-judicial foreclosure, the
conveyance of a Mortgaged Property to the related Insurer, the acquisition of
any property acquired by foreclosure or deed in lieu of foreclosure, or the
management, marketing and conveyance of any property acquired by foreclosure or
deed in lieu of foreclosure with respect to the Mortgage Loans and with respect
to the Mortgaged Properties. The Master Servicer further is authorized and
empowered by the Trustee, on behalf of the Certificateholders and the Trustee,
in its own name or in the name of the Subservicer, when the Master Servicer or
the Subservicer, as the case may be, believes it is appropriate in its best
judgment to register any Mortgage Loan on the MERS(R) System, or cause the
removal from the registration of any Mortgage Loan on the MERS(R) System, to
execute and deliver, on behalf of the Trustee and the Certificateholders or any
of them, any and all instruments of assignment and other comparable instruments
with respect to such assignment or re- recording of a Mortgage in the name of
MERS, solely as nominee for the Trustee and its successors and assigns. Any
expenses incurred in connection with the actions described in the preceding
sentence shall be borne by the Master Servicer in accordance with Section
3.16(c), with no right of reimbursement; provided, that if, as a result of MERS
discontinuing or becoming unable to continue
43
operations in connection with the MERS System, it becomes necessary to remove
any Mortgage Loan from registration on the MERS System and to arrange for the
assignment of the related Mortgages to the Trustee, then any related expenses
shall be reimbursable to the Master Servicer. Notwithstanding the foregoing,
subject to Section 3.07(a), the Master Servicer shall not permit any
modification with respect to any Mortgage Loan that would both constitute a sale
or exchange of such Mortgage Loan within the meaning of Section 1001 of the Code
and any proposed, temporary or final regulations promulgated thereunder (other
than in connection with a proposed conveyance or assumption of such Mortgage
Loan that is treated as a Principal Prepayment in Full pursuant to Section
3.13(d) hereof) and cause any REMIC formed under the Series Supplement to fail
to qualify as a REMIC under the Code. The Trustee shall furnish the Master
Servicer with any powers of attorney and other documents necessary or
appropriate to enable the Master Servicer to service and administer the Mortgage
Loans. The Trustee shall not be liable for any action taken by the Master
Servicer or any Subservicer pursuant to such powers of attorney. In servicing
and administering any Nonsubserviced Mortgage Loan, the Master Servicer shall,
to the extent not inconsistent with this Agreement, comply with the Program
Guide as if it were the originator of such Mortgage Loan and had retained the
servicing rights and obligations in respect thereof. In connection with
servicing and administering the Mortgage Loans, the Master Servicer and any
Affiliate of the Master Servicer (i) may perform services such as appraisals and
brokerage services that are not customarily provided by servicers of mortgage
loans, and shall be entitled to reasonable compensation therefor in accordance
with Section 3.10 and (ii) may, at its own discretion and on behalf of the
Trustee, obtain credit information in the form of a "credit score" from a credit
repository.
(b) All costs incurred by the Master Servicer or by Subservicers in
effecting the timely payment of taxes and assessments on the properties subject
to the Mortgage Loans shall not, for the purpose of calculating monthly
distributions to the Certificateholders, be added to the amount owing under the
related Mortgage Loans, notwithstanding that the terms of such Mortgage Loan so
permit, and such costs shall be recoverable to the extent permitted by Section
3.10(a)(ii).
(c) The Master Servicer may enter into one or more agreements in
connection with the offering of pass-through certificates evidencing interests
in one or more of the Certificates providing for the payment by the Master
Servicer of amounts received by the Master Servicer as servicing compensation
hereunder and required to cover certain Prepayment Interest Shortfalls on the
Mortgage Loans, which payment obligation will thereafter be an obligation of the
Master Servicer hereunder.
Section 3.02 Subservicing Agreements Between Master Servicer and
Subservicers; Enforcement of Subservicers' and Sellers'
Obligations.
(a) The Master Servicer may continue in effect Subservicing Agreements
entered into by Residential Funding and Subservicers prior to the execution and
delivery of this Agreement, and may enter into new Subservicing Agreements with
Subservicers, for the servicing and administration of all or some of the
Mortgage Loans. Each Subservicer of a Mortgage Loan shall be entitled to receive
and retain, as provided in the related Subservicing Agreement and in Section
3.07, the related Subservicing Fee from payments of interest received on such
Mortgage Loan after payment of all amounts required to be remitted to the Master
Servicer in respect of such Mortgage Loan. For any Mortgage Loan that is a
Nonsubserviced Mortgage Loan, the Master Servicer shall be entitled to
44
receive and retain an amount equal to the Subservicing Fee from payments of
interest. Unless the context otherwise requires, references in this Agreement to
actions taken or to be taken by the Master Servicer in servicing the Mortgage
Loans include actions taken or to be taken by a Subservicer on behalf of the
Master Servicer. Each Subservicing Agreement will be upon such terms and
conditions as are generally required or permitted by the Program Guide and are
not inconsistent with this Agreement and as the Master Servicer and the
Subservicer have agreed. A representative form of Subservicing Agreement is
attached to this Agreement as Exhibit E. With the approval of the Master
Servicer, a Subservicer may delegate its servicing obligations to third-party
servicers, but such Subservicer will remain obligated under the related
Subservicing Agreement. The Master Servicer and a Subservicer may enter into
amendments thereto or a different form of Subservicing Agreement, and the form
referred to or included in the Program Guide is merely provided for information
and shall not be deemed to limit in any respect the discretion of the Master
Servicer to modify or enter into different Subservicing Agreements; provided,
however, that any such amendments or different forms shall be consistent with
and not violate the provisions of either this Agreement or the Program Guide in
a manner which would materially and adversely affect the interests of the
Certificateholders.
(b) As part of its servicing activities hereunder, the Master Servicer,
for the benefit of the Trustee and the Certificateholders, shall use its best
reasonable efforts to enforce the obligations of each Subservicer under the
related Subservicing Agreement and of each Seller under the related Seller's
Agreement insofar as the Company's rights with respect to such obligation has
been assigned to the Trustee hereunder, to the extent that the non-performance
of any such Seller's obligation would have a material and adverse effect on a
Mortgage Loan, including, without limitation, the obligation to purchase a
Mortgage Loan on account of defective documentation, as described in Section
2.02, or on account of a breach of a representation or warranty, as described in
Section 2.04. Such enforcement, including, without limitation, the legal
prosecution of claims, termination of Subservicing Agreements or Seller's
Agreements, as appropriate, and the pursuit of other appropriate remedies, shall
be in such form and carried out to such an extent and at such time as the Master
Servicer would employ in its good faith business judgment and which are normal
and usual in its general mortgage servicing activities. The Master Servicer
shall pay the costs of such enforcement at its own expense, and shall be
reimbursed therefor only (i) from a general recovery resulting from such
enforcement to the extent, if any, that such recovery exceeds all amounts due in
respect of the related Mortgage Loan or (ii) from a specific recovery of costs,
expenses or attorneys fees against the party against whom such enforcement is
directed. For purposes of clarification only, the parties agree that the
foregoing is not intended to, and does not, limit the ability of the Master
Servicer to be reimbursed for expenses that are incurred in connection with the
enforcement of a Seller's obligations (insofar as the Company's rights with
respect to such Seller's obligations have been assigned to the Trustee
hereunder) and are reimbursable pursuant to Section 3.10(a)(viii).
Section 3.03 Successor Subservicers.
The Master Servicer shall be entitled to terminate any Subservicing
Agreement that may exist in accordance with the terms and conditions of such
Subservicing Agreement and without any limitation by virtue of this Agreement;
provided, however, that in the event of termination of any Subservicing
Agreement by the Master Servicer or the Subservicer, the Master Servicer shall
either act as servicer of the related Mortgage Loan or enter into a Subservicing
Agreement with a successor
45
Subservicer which will be bound by the terms of the related Subservicing
Agreement. If the Master Servicer or any Affiliate of Residential Funding acts
as servicer, it will not assume liability for the representations and warranties
of the Subservicer which it replaces. If the Master Servicer enters into a
Subservicing Agreement with a successor Subservicer, the Master Servicer shall
use reasonable efforts to have the successor Subservicer assume liability for
the representations and warranties made by the terminated Subservicer in respect
of the related Mortgage Loans and, in the event of any such assumption by the
successor Subservicer, the Master Servicer may, in the exercise of its business
judgment, release the terminated Subservicer from liability for such
representations and warranties.
Section 3.04 Liability of the Master Servicer.
Notwithstanding any Subservicing Agreement, any of the provisions of
this Agreement relating to agreements or arrangements between the Master
Servicer or a Subservicer or reference to actions taken through a Subservicer or
otherwise, the Master Servicer shall remain obligated and liable to the Trustee
and the Certificateholders for the servicing and administering of the Mortgage
Loans in accordance with the provisions of Section 3.01 without diminution of
such obligation or liability by virtue of such Subservicing Agreements or
arrangements or by virtue of indemnification from the Subservicer or the Company
and to the same extent and under the same terms and conditions as if the Master
Servicer alone were servicing and administering the Mortgage Loans. The Master
Servicer shall be entitled to enter into any agreement with a Subservicer or
Seller for indemnification of the Master Servicer and nothing contained in this
Agreement shall be deemed to limit or modify such indemnification.
Section 3.05 No Contractual Relationship Between Subservicer and
Trustee or Certificateholders.
Any Subservicing Agreement that may be entered into and any other
transactions or services relating to the Mortgage Loans involving a Subservicer
in its capacity as such and not as an originator shall be deemed to be between
the Subservicer and the Master Servicer alone and the Trustee and the
Certificateholders shall not be deemed parties thereto and shall have no claims,
rights, obligations, duties or liabilities with respect to the Subservicer in
its capacity as such except as set forth in Section 3.06. The foregoing
provision shall not in any way limit a Subservicer's obligation to cure an
omission or defect or to repurchase a Mortgage Loan as referred to in Section
2.02 hereof.
Section 3.06 Assumption or Termination of Subservicing Agreements by
Trustee.
(a) If the Master Servicer shall for any reason no longer be the master
servicer (including by reason of an Event of Default), the Trustee, its designee
or its successor shall thereupon assume all of the rights and obligations of the
Master Servicer under each Subservicing Agreement that may have been entered
into. The Trustee, its designee or the successor servicer for the Trustee shall
be deemed to have assumed all of the Master Servicer's interest therein and to
have replaced the Master Servicer as a party to the Subservicing Agreement to
the same extent as if the Subservicing Agreement had been assigned to the
assuming party except that the Master Servicer shall not thereby be relieved of
any liability or obligations under the Subservicing Agreement.
46
(b) The Master Servicer shall, upon request of the Trustee but at the
expense of the Master Servicer, deliver to the assuming party all documents and
records relating to each Subservicing Agreement and the Mortgage Loans then
being serviced and an accounting of amounts collected and held by it and
otherwise use its best efforts to effect the orderly and efficient transfer of
each Subservicing Agreement to the assuming party.
Section 3.07 Collection of Certain Mortgage Loan Payments; Deposits to
Custodial Account.
(a) The Master Servicer shall make reasonable efforts to collect all
payments called for under the terms and provisions of the Mortgage Loans, and
shall, to the extent such procedures shall be consistent with this Agreement and
the terms and provisions of any related Primary Insurance Policy, follow such
collection procedures as it would employ in its good faith business judgment and
which are normal and usual in its general mortgage servicing activities.
Consistent with the foregoing, the Master Servicer may in its discretion (i)
waive any late payment charge or any prepayment charge or penalty interest in
connection with the prepayment of a Mortgage Loan and (ii) extend the Due Date
for payments due on a Mortgage Loan in accordance with the Program Guide;
provided, however, that the Master Servicer shall first determine that any such
waiver or extension will not impair the coverage of any related Primary
Insurance Policy or materially adversely affect the lien of the related
Mortgage. In the event of any such arrangement, the Master Servicer shall make
timely advances on the related Mortgage Loan during the scheduled period in
accordance with the amortization schedule of such Mortgage Loan without
modification thereof by reason of such arrangements unless otherwise agreed to
by the Holders of the Classes of Certificates affected thereby; provided,
however, that no such extension shall be made if any such advance would be a
Nonrecoverable Advance. Consistent with the terms of this Agreement, the Master
Servicer may also waive, modify or vary any term of any Mortgage Loan or consent
to the postponement of strict compliance with any such term or in any manner
grant indulgence to any Mortgagor if in the Master Servicer's determination such
waiver, modification, postponement or indulgence is not materially adverse to
the interests of the Certificateholders (taking into account any estimated
Realized Loss that might result absent such action); provided, however, that the
Master Servicer may not modify materially or permit any Subservicer to modify
any Mortgage Loan, including without limitation any modification that would
change the Mortgage Rate, forgive the payment of any principal or interest
(unless in connection with the liquidation of the related Mortgage Loan or
except in connection with prepayments to the extent that such reamortization is
not inconsistent with the terms of the Mortgage Loan), capitalize any amounts
owing on the Mortgage Loan by adding such amount to the outstanding principal
balance of the Mortgage Loan, or extend the final maturity date of such Mortgage
Loan, unless such Mortgage Loan is in default or, in the judgment of the Master
Servicer, such default is reasonably foreseeable; provided, further, that (1) no
such modification shall reduce the interest rate on a Mortgage Loan below
one-half of the Mortgage Rate as in effect on the Cut-Off Date, but not less
than the sum of the rates at which the Servicing Fee and the Subservicing Fee
with respect to such Mortgage Loan accrues plus the rate at which the premium
paid to the Certificate Insurer, if any, accrues, (2) the final maturity date
for any Mortgage Loan shall not be extended beyond the Maturity Date, (3) the
Stated Principal Balance of all Reportable Modified Mortgage Loans subject to
Servicing Modifications (measured at the time of the Servicing Modification and
after giving effect to any Servicing Modification) can be no more than five
percent
47
of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date,
unless such limit is increased from time to time with the consent of the Rating
Agencies and the Certificate Insurer, if any. In addition, any amounts owing on
a Mortgage Loan added to the outstanding principal balance of such Mortgage Loan
must be fully amortized over the remaining term of such Mortgage Loan, and such
amounts may be added to the outstanding principal balance of a Mortgage Loan
only once during the life of such Mortgage Loan. Also, the addition of such
amounts described in the preceding sentence shall be implemented in accordance
with the Program Guide and may be implemented only by Subservicers that have
been approved by the Master Servicer for such purpose. In connection with any
Curtailment of a Mortgage Loan, the Master Servicer, to the extent not
inconsistent with the terms of the Mortgage Note and local law and practice, may
permit the Mortgage Loan to be reamortized such that the Monthly Payment is
recalculated as an amount that will fully amortize the remaining Stated
Principal Balance thereof by the original Maturity Date based on the original
Mortgage Rate; provided, that such re-amortization shall not be permitted if it
would constitute a reissuance of the Mortgage Loan for federal income tax
purposes, except if such reissuance is described in Treasury Regulation Section
1.860G-2(b)(3).
(b) The Master Servicer shall establish and maintain a Custodial Account
in which the Master Servicer shall deposit or cause to be deposited on a daily
basis, except as otherwise specifically provided herein, the following payments
and collections remitted by Subservicers or received by it in respect of the
Mortgage Loans subsequent to the Cut-off Date (other than in respect of
principal and interest on the Mortgage Loans due on or before the Cut-off Date):
(i) All payments on account of principal, including
Principal Prepayments made by Mortgagors on the Mortgage Loans
and the principal component of any Subservicer Advance or of any
REO Proceeds received in connection with an REO Property for
which an REO Disposition has occurred;
(ii) All payments on account of interest at the Adjusted
Mortgage Rate on the Mortgage Loans, including Buydown Funds, if
any, and the interest component of any Subservicer Advance or of
any REO Proceeds received in connection with an REO Property for
which an REO Disposition has occurred;
(iii) Insurance Proceeds, Subsequent Recoveries and
Liquidation Proceeds (net of any related expenses of the
Subservicer);
(iv) All proceeds of any Mortgage Loans purchased pursuant
to Section 2.02, 2.03, 2.04 or 4.07 and all amounts required to
be deposited in connection with the substitution of a Qualified
Substitute Mortgage Loan pursuant to Section 2.03 or 2.04;
(v) Any amounts required to be deposited pursuant to
Section 3.07(c) or 3.21;
(vi) All amounts transferred from the Certificate Account
to the Custodial Account in accordance with Section 4.02(a);
48
(vii) Any amounts realized by the Subservicer and received
by the Master Servicer in respect of any Additional Collateral;
and
(viii) Any amounts received by the Master Servicer in
respect of Pledged Assets.
The foregoing requirements for deposit in the Custodial Account shall be
exclusive, it being understood and agreed that, without limiting the generality
of the foregoing, payments on the Mortgage Loans which are not part of the Trust
Fund (consisting of payments in respect of principal and interest on the
Mortgage Loans due on or before the Cut-off Date) and payments or collections in
the nature of prepayment charges or late payment charges or assumption fees may
but need not be deposited by the Master Servicer in the Custodial Account. In
the event any amount not required to be deposited in the Custodial Account is so
deposited, the Master Servicer may at any time withdraw such amount from the
Custodial Account, any provision herein to the contrary notwithstanding. The
Custodial Account may contain funds that belong to one or more trust funds
created for mortgage pass-through certificates of other series and may contain
other funds respecting payments on mortgage loans belonging to the Master
Servicer or serviced or master serviced by it on behalf of others.
Notwithstanding such commingling of funds, the Master Servicer shall keep
records that accurately reflect the funds on deposit in the Custodial Account
that have been identified by it as being attributable to the Mortgage Loans.
With respect to Insurance Proceeds, Liquidation Proceeds, REO Proceeds
and the proceeds of the purchase of any Mortgage Loan pursuant to Sections 2.02,
2.03, 2.04 and 4.07 received in any calendar month, the Master Servicer may
elect to treat such amounts as included in the Available Distribution Amount for
the Distribution Date in the month of receipt, but is not obligated to do so. If
the Master Servicer so elects, such amounts will be deemed to have been received
(and any related Realized Loss shall be deemed to have occurred) on the last day
of the month prior to the receipt thereof.
(c) The Master Servicer shall use its best efforts to cause the
institution maintaining the Custodial Account to invest the funds in the
Custodial Account attributable to the Mortgage Loans in Permitted Investments
which shall mature not later than the Certificate Account Deposit Date next
following the date of such investment (with the exception of the Amount Held for
Future Distribution) and which shall not be sold or disposed of prior to their
maturities. All income and gain realized from any such investment shall be for
the benefit of the Master Servicer as additional servicing compensation and
shall be subject to its withdrawal or order from time to time. The amount of any
losses incurred in respect of any such investments attributable to the
investment of amounts in respect of the Mortgage Loans shall be deposited in the
Custodial Account by the Master Servicer out of its own funds immediately as
realized without any right of reimbursement.
(d) The Master Servicer shall give notice to the Trustee and the Company
of any change in the location of the Custodial Account and the location of the
Certificate Account prior to the use thereof.
49
Section 3.08 Subservicing Accounts; Servicing Accounts.
(a) In those cases where a Subservicer is servicing a Mortgage Loan
pursuant to a Subservicing Agreement, the Master Servicer shall cause the
Subservicer, pursuant to the Subservicing Agreement, to establish and maintain
one or more Subservicing Accounts which shall be an Eligible Account or, if such
account is not an Eligible Account, shall generally satisfy the requirements of
the Program Guide and be otherwise acceptable to the Master Servicer and each
Rating Agency. The Subservicer will be required thereby to deposit into the
Subservicing Account on a daily basis all proceeds of Mortgage Loans received by
the Subservicer, less its Subservicing Fees and unreimbursed advances and
expenses, to the extent permitted by the Subservicing Agreement. If the
Subservicing Account is not an Eligible Account, the Master Servicer shall be
deemed to have received such monies upon receipt thereof by the Subservicer. The
Subservicer shall not be required to deposit in the Subservicing Account
payments or collections in the nature of prepayment charges or late charges or
assumption fees. On or before the date specified in the Program Guide, but in no
event later than the Determination Date, the Master Servicer shall cause the
Subservicer, pursuant to the Subservicing Agreement, to remit to the Master
Servicer for deposit in the Custodial Account all funds held in the Subservicing
Account with respect to each Mortgage Loan serviced by such Subservicer that are
required to be remitted to the Master Servicer. The Subservicer will also be
required, pursuant to the Subservicing Agreement, to advance on such scheduled
date of remittance amounts equal to any scheduled monthly installments of
principal and interest less its Subservicing Fees on any Mortgage Loans for
which payment was not received by the Subservicer. This obligation to advance
with respect to each Mortgage Loan will continue up to and including the first
of the month following the date on which the related Mortgaged Property is sold
at a foreclosure sale or is acquired by the Trust Fund by deed in lieu of
foreclosure or otherwise. All such advances received by the Master Servicer
shall be deposited promptly by it in the Custodial Account.
(b) The Subservicer may also be required, pursuant to the Subservicing
Agreement, to remit to the Master Servicer for deposit in the Custodial Account
interest at the Adjusted Mortgage Rate (or Modified Net Mortgage Rate plus the
rate per annum at which the Servicing Fee accrues in the case of a Modified
Mortgage Loan) on any Curtailment received by such Subservicer in respect of a
Mortgage Loan from the related Mortgagor during any month that is to be applied
by the Subservicer to reduce the unpaid principal balance of the related
Mortgage Loan as of the first day of such month, from the date of application of
such Curtailment to the first day of the following month. Any amounts paid by a
Subservicer pursuant to the preceding sentence shall be for the benefit of the
Master Servicer as additional servicing compensation and shall be subject to its
withdrawal or order from time to time pursuant to Sections 3.10(a)(iv) and (v).
(c) In addition to the Custodial Account and the Certificate Account,
the Master Servicer shall for any Nonsubserviced Mortgage Loan, and shall cause
the Subservicers for Subserviced Mortgage Loans to, establish and maintain one
or more Servicing Accounts and deposit and retain therein all collections from
the Mortgagors (or advances from Subservicers) for the payment of taxes,
assessments, hazard insurance premiums, Primary Insurance Policy premiums, if
applicable, or comparable items for the account of the Mortgagors. Each
Servicing Account shall satisfy the requirements for a Subservicing Account and,
to the extent permitted by the Program Guide or as is otherwise acceptable to
the Master Servicer, may also function as a Subservicing Account.
50
Withdrawals of amounts related to the Mortgage Loans from the Servicing Accounts
may be made only to effect timely payment of taxes, assessments, hazard
insurance premiums, Primary Insurance Policy premiums, if applicable, or
comparable items, to reimburse the Master Servicer or Subservicer out of related
collections for any payments made pursuant to Sections 3.11 (with respect to the
Primary Insurance Policy) and 3.12(a) (with respect to hazard insurance), to
refund to any Mortgagors any sums as may be determined to be overages, to pay
interest, if required, to Mortgagors on balances in the Servicing Account or to
clear and terminate the Servicing Account at the termination of this Agreement
in accordance with Section 9.01 or in accordance with the Program Guide. As part
of its servicing duties, the Master Servicer shall, and the Subservicers will,
pursuant to the Subservicing Agreements, be required to pay to the Mortgagors
interest on funds in this account to the extent required by law.
(d) The Master Servicer shall advance the payments referred to in the
preceding subsection that are not timely paid by the Mortgagors or advanced by
the Subservicers on the date when the tax, premium or other cost for which such
payment is intended is due, but the Master Servicer shall be required so to
advance only to the extent that such advances, in the good faith judgment of the
Master Servicer, will be recoverable by the Master Servicer out of Insurance
Proceeds, Liquidation Proceeds or otherwise.
Section 3.09 Access to Certain Documentation and Information Regarding
the Mortgage Loans.
If compliance with this Section 3.09 shall make any Class of
Certificates legal for investment by federally insured savings and loan
associations, the Master Servicer shall provide, or cause the Subservicers to
provide, to the Trustee, the Office of Thrift Supervision or the FDIC and the
supervisory agents and examiners thereof access to the documentation regarding
the Mortgage Loans required by applicable regulations of the Office of Thrift
Supervision, such access being afforded without charge but only upon reasonable
request and during normal business hours at the offices designated by the Master
Servicer. The Master Servicer shall permit such representatives to photocopy any
such documentation and shall provide equipment for that purpose at a charge
reasonably approximating the cost of such photocopying to the Master Servicer.
Section 3.10 Permitted Withdrawals from the Custodial Account.
(a) The Master Servicer may, from time to time as provided herein, make
withdrawals from the Custodial Account of amounts on deposit therein pursuant to
Section 3.07 that are attributable to the Mortgage Loans for the following
purposes:
(i) to make deposits into the Certificate Account in the
amounts and in the manner provided for in Section 4.01;
(ii) to reimburse itself or the related Subservicer for
previously unreimbursed Advances, Servicing Advances or other
expenses made pursuant to Sections 3.01, 3.07(a), 3.08, 3.11,
3.12(a), 3.14 and 4.04 or otherwise reimbursable pursuant to the
terms of this Agreement, such withdrawal right being limited to
amounts received on the related Mortgage Loans (including, for
this purpose, REO
51
Proceeds, Insurance Proceeds, Liquidation Proceeds and proceeds
from the purchase of a Mortgage Loan pursuant to Section 2.02,
2.03, 2.04 or 4.07) which represent (A) Late Collections of
Monthly Payments for which any such advance was made in the case
of Subservicer Advances or Advances pursuant to Section 4.04 and
(B) recoveries of amounts in respect of which such advances were
made in the case of Servicing Advances;
(iii) to pay to itself or the related Subservicer (if not
previously retained by such Subservicer) out of each payment
received by the Master Servicer on account of interest on a
Mortgage Loan as contemplated by Sections 3.14 and 3.16, an
amount equal to that remaining portion of any such payment as to
interest (but not in excess of the Servicing Fee and the
Subservicing Fee, if not previously retained) which, when
deducted, will result in the remaining amount of such interest
being interest at the Net Mortgage Rate (or Modified Net Mortgage
Rate in the case of a Modified Mortgage Loan) on the amount
specified in the amortization schedule of the related Mortgage
Loan as the principal balance thereof at the beginning of the
period respecting which such interest was paid after giving
effect to any previous Curtailments;
(iv) to pay to itself as additional servicing compensation
any interest or investment income earned on funds and other
property deposited in or credited to the Custodial Account that
it is entitled to withdraw pursuant to Section 3.07(c);
(v) to pay to itself as additional servicing compensation
any Foreclosure Profits, any amounts remitted by Subservicers as
interest in respect of Curtailments pursuant to Section 3.08(b),
and any amounts paid by a Mortgagor in connection with a
Principal Prepayment in Full in respect of interest for any
period during the calendar month in which such Principal
Prepayment in Full is to be distributed to the
Certificateholders;
(vi) to pay to itself, a Subservicer, a Seller,
Residential Funding, the Company or any other appropriate Person,
as the case may be, with respect to each Mortgage Loan or
property acquired in respect thereof that has been purchased or
otherwise transferred pursuant to Section 2.02, 2.03, 2.04, 4.07
or 9.01, all amounts received thereon and not required to be
distributed to the Certificateholders as of the date on which the
related Stated Principal Balance or Purchase Price is determined;
(vii) to reimburse itself or the related Subservicer for
any Nonrecoverable Advance or Advances in the manner and to the
extent provided in subsection (c) below, and any Advance or
Servicing Advance made in connection with a modified Mortgage
Loan that is in default or, in the judgment of the Master
Servicer, default is reasonably foreseeable pursuant to Section
3.07(a), to the extent the amount of the Advance or Servicing
Advance was added to the Stated Principal Balance of the Mortgage
Loan in the prior calendar month, or any Advance reimbursable to
the Master Servicer pursuant to Section 4.02(a);
52
(viii) to reimburse itself or the Company for expenses
incurred by and reimbursable to it or the Company pursuant to
Sections 3.01(a), 3.11, 3.13, 3.14(c), 6.03, 10.01 or otherwise,
or in connection with enforcing, in accordance with this
Agreement, any repurchase, substitution or indemnification
obligation of any Seller (other than an Affiliate of the Company)
pursuant to the related Seller's Agreement;
(ix) to reimburse itself for Servicing Advances expended
by it (a) pursuant to Section 3.14 in good faith in connection
with the restoration of property damaged by an Uninsured Cause,
and (b) in connection with the liquidation of a Mortgage Loan or
disposition of an REO Property to the extent not otherwise
reimbursed pursuant to clause (ii) or (viii) above; and
(x) to withdraw any amount deposited in the Custodial
Account that was not required to be deposited therein pursuant to
Section 3.07.
(b) Since, in connection with withdrawals pursuant to clauses (ii),
(iii), (v) and (vi), the Master Servicer's entitlement thereto is limited to
collections or other recoveries on the related Mortgage Loan, the Master
Servicer shall keep and maintain separate accounting, on a Mortgage Loan by
Mortgage Loan basis, for the purpose of justifying any withdrawal from the
Custodial Account pursuant to such clauses.
(c) The Master Servicer shall be entitled to reimburse itself or the
related Subservicer for any advance made in respect of a Mortgage Loan that the
Master Servicer determines to be a Nonrecoverable Advance by withdrawal from the
Custodial Account of amounts on deposit therein attributable to the Mortgage
Loans on any Certificate Account Deposit Date succeeding the date of such
determination. Such right of reimbursement in respect of a Nonrecoverable
Advance relating to an Advance pursuant to Section 4.04 on any such Certificate
Account Deposit Date shall be limited to an amount not exceeding the portion of
such advance previously paid to Certificateholders (and not theretofore
reimbursed to the Master Servicer or the related Subservicer).
Section 3.11 Maintenance of the Primary Insurance Policies;
Collections Thereunder.
(a) The Master Servicer shall not take, or permit any Subservicer to
take, any action which would result in non-coverage under any applicable Primary
Insurance Policy of any loss which, but for the actions of the Master Servicer
or Subservicer, would have been covered thereunder. To the extent coverage is
available, the Master Servicer shall keep or cause to be kept in full force and
effect each such Primary Insurance Policy until the principal balance of the
related Mortgage Loan secured by a Mortgaged Property is reduced to 80% or less
of the Appraised Value in the case of such a Mortgage Loan having a
Loan-to-Value Ratio at origination in excess of 80%, provided that such Primary
Insurance Policy was in place as of the Cut-off Date and the Company had
knowledge of such Primary Insurance Policy. The Master Servicer shall be
entitled to cancel or permit the discontinuation of any Primary Insurance Policy
as to any Mortgage Loan, if the Stated Principal Balance of the Mortgage Loan is
reduced below an amount equal to 80% of the appraised value of the related
Mortgaged Property as determined in any appraisal thereof after the Closing
Date, or if the Loan-to-Value Ratio is reduced below 80% as a result of
principal payments on the Mortgage Loan after the Closing Date. In the event
that the Company gains knowledge that as of
53
the Closing Date, a Mortgage Loan had a Loan-to-Value Ratio at origination in
excess of 80% and is not the subject of a Primary Insurance Policy (and was not
included in any exception to the representation in Section 2.03(b)(iv)) and that
such Mortgage Loan has a current Loan-to-Value Ratio in excess of 80% then the
Master Servicer shall use its reasonable efforts to obtain and maintain a
Primary Insurance Policy to the extent that such a policy is obtainable at a
reasonable price. The Master Servicer shall not cancel or refuse to renew any
such Primary Insurance Policy applicable to a Nonsubserviced Mortgage Loan, or
consent to any Subservicer canceling or refusing to renew any such Primary
Insurance Policy applicable to a Mortgage Loan subserviced by it, that is in
effect at the date of the initial issuance of the Certificates and is required
to be kept in force hereunder unless the replacement Primary Insurance Policy
for such canceled or non-renewed policy is maintained with an insurer whose
claims-paying ability is acceptable to each Rating Agency for mortgage
pass-through certificates having a rating equal to or better than the lower of
the then-current rating or the rating assigned to the Certificates as of the
Closing Date by such Rating Agency.
(b) In connection with its activities as administrator and servicer of
the Mortgage Loans, the Master Servicer agrees to present or to cause the
related Subservicer to present, on behalf of the Master Servicer, the
Subservicer, if any, the Trustee and Certificateholders, claims to the related
Insurer under any Primary Insurance Policies, in a timely manner in accordance
with such policies, and, in this regard, to take or cause to be taken such
reasonable action as shall be necessary to permit recovery under any Primary
Insurance Policies respecting defaulted Mortgage Loans. Pursuant to Section
3.07, any Insurance Proceeds collected by or remitted to the Master Servicer
under any Primary Insurance Policies shall be deposited in the Custodial
Account, subject to withdrawal pursuant to Section 3.10.
Section 3.12 Maintenance of Fire Insurance and Omissions and Fidelity
Coverage.
(a) The Master Servicer shall cause to be maintained for each Mortgage
Loan (other than a Cooperative Loan) fire insurance with extended coverage in an
amount which is equal to the lesser of the principal balance owing on such
Mortgage Loan or 100 percent of the insurable value of the improvements;
provided, however, that such coverage may not be less than the minimum amount
required to fully compensate for any loss or damage on a replacement cost basis.
To the extent it may do so without breaching the related Subservicing Agreement,
the Master Servicer shall replace any Subservicer that does not cause such
insurance, to the extent it is available, to be maintained. The Master Servicer
shall also cause to be maintained on property acquired upon foreclosure, or deed
in lieu of foreclosure, of any Mortgage Loan (other than a Cooperative Loan),
fire insurance with extended coverage in an amount which is at least equal to
the amount necessary to avoid the application of any co-insurance clause
contained in the related hazard insurance policy. Pursuant to Section 3.07, any
amounts collected by the Master Servicer under any such policies (other than
amounts to be applied to the restoration or repair of the related Mortgaged
Property or property thus acquired or amounts released to the Mortgagor in
accordance with the Master Servicer's normal servicing procedures) shall be
deposited in the Custodial Account, subject to withdrawal pursuant to Section
3.10. Any cost incurred by the Master Servicer in maintaining any such insurance
shall not, for the purpose of calculating monthly distributions to the
Certificateholders, be added to the amount owing under the Mortgage Loan,
notwithstanding that the terms of the Mortgage Loan so permit. Such costs shall
be recoverable by the Master Servicer out of related late payments by the
54
Mortgagor or out of Insurance Proceeds and Liquidation Proceeds to the extent
permitted by Section 3.10. It is understood and agreed that no earthquake or
other additional insurance is to be required of any Mortgagor or maintained on
property acquired in respect of a Mortgage Loan other than pursuant to such
applicable laws and regulations as shall at any time be in force and as shall
require such additional insurance. Whenever the improvements securing a Mortgage
Loan (other than a Cooperative Loan) are located at the time of origination of
such Mortgage Loan in a federally designated special flood hazard area, the
Master Servicer shall cause flood insurance (to the extent available) to be
maintained in respect thereof. Such flood insurance shall be in an amount equal
to the lesser of (i) the amount required to compensate for any loss or damage to
the Mortgaged Property on a replacement cost basis and (ii) the maximum amount
of such insurance available for the related Mortgaged Property under the
national flood insurance program (assuming that the area in which such Mortgaged
Property is located is participating in such program).
If the Master Servicer shall obtain and maintain a blanket fire
insurance policy with extended coverage insuring against hazard losses on all of
the Mortgage Loans, it shall conclusively be deemed to have satisfied its
obligations as set forth in the first sentence of this Section 3.12(a), it being
understood and agreed that such policy may contain a deductible clause, in which
case the Master Servicer shall, in the event that there shall not have been
maintained on the related Mortgaged Property a policy complying with the first
sentence of this Section 3.12(a) and there shall have been a loss which would
have been covered by such policy, deposit in the Certificate Account the amount
not otherwise payable under the blanket policy because of such deductible
clause. Any such deposit by the Master Servicer shall be made on the Certificate
Account Deposit Date next preceding the Distribution Date which occurs in the
month following the month in which payments under any such policy would have
been deposited in the Custodial Account. In connection with its activities as
administrator and servicer of the Mortgage Loans, the Master Servicer agrees to
present, on behalf of itself, the Trustee and the Certificateholders, claims
under any such blanket policy.
(b) The Master Servicer shall obtain and maintain at its own expense and
keep in full force and effect throughout the term of this Agreement a blanket
fidelity bond and an errors and omissions insurance policy covering the Master
Servicer's officers and employees and other persons acting on behalf of the
Master Servicer in connection with its activities under this Agreement. The
amount of coverage shall be at least equal to the coverage that would be
required by Xxxxxx Xxx or Freddie Mac, whichever is greater, with respect to the
Master Servicer if the Master Servicer were servicing and administering the
Mortgage Loans for Xxxxxx Xxx or Freddie Mac. In the event that any such bond or
policy ceases to be in effect, the Master Servicer shall obtain a comparable
replacement bond or policy from an issuer or insurer, as the case may be,
meeting the requirements, if any, of the Program Guide and acceptable to the
Company. Coverage of the Master Servicer under a policy or bond obtained by an
Affiliate of the Master Servicer and providing the coverage required by this
Section 3.12(b) shall satisfy the requirements of this Section 3.12(b).
Section 3.13 Enforcement of Due-on-Sale Clauses; Assumption and
Modification Agreements; Certain Assignments.
(a) When any Mortgaged Property is conveyed by the Mortgagor, the Master
Servicer or Subservicer, to the extent it has knowledge of such conveyance,
shall enforce any due-on-sale clause contained in any Mortgage Note or Mortgage,
to the extent permitted under applicable law
55
and governmental regulations, but only to the extent that such enforcement will
not adversely affect or jeopardize coverage under any Required Insurance Policy.
Notwithstanding the foregoing:
(i) the Master Servicer shall not be deemed to be in
default under this Section 3.13(a) by reason of any transfer or
assumption which the Master Servicer is restricted by law from
preventing; and
(ii) if the Master Servicer determines that it is
reasonably likely that any Mortgagor will bring, or if any
Mortgagor does bring, legal action to declare invalid or
otherwise avoid enforcement of a due-on-sale clause contained in
any Mortgage Note or Mortgage, the Master Servicer shall not be
required to enforce the due-on-sale clause or to contest such
action.
(b) Subject to the Master Servicer's duty to enforce any due-on-sale
clause to the extent set forth in Section 3.13(a), in any case in which a
Mortgaged Property is to be conveyed to a Person by a Mortgagor, and such Person
is to enter into an assumption or modification agreement or supplement to the
Mortgage Note or Mortgage which requires the signature of the Trustee, or if an
instrument of release signed by the Trustee is required releasing the Mortgagor
from liability on the Mortgage Loan, the Master Servicer is authorized, subject
to the requirements of the sentence next following, to execute and deliver, on
behalf of the Trustee, the assumption agreement with the Person to whom the
Mortgaged Property is to be conveyed and such modification agreement or
supplement to the Mortgage Note or Mortgage or other instruments as are
reasonable or necessary to carry out the terms of the Mortgage Note or Mortgage
or otherwise to comply with any applicable laws regarding assumptions or the
transfer of the Mortgaged Property to such Person; provided, however, none of
such terms and requirements shall either (i) both (A) constitute a "significant
modification" effecting an exchange or reissuance of such Mortgage Loan under
the REMIC Provisions and (B) cause any portion of any REMIC formed under the
Series Supplement to fail to qualify as a REMIC under the Code or (subject to
Section 10.01(f)), result in the imposition of any tax on "prohibited
transactions" or (ii) constitute "contributions" after the start-up date under
the REMIC Provisions. The Master Servicer shall execute and deliver such
documents only if it reasonably determines that (i) its execution and delivery
thereof will not conflict with or violate any terms of this Agreement or cause
the unpaid balance and interest on the Mortgage Loan to be uncollectible in
whole or in part, (ii) any required consents of insurers under any Required
Insurance Policies have been obtained and (iii) subsequent to the closing of the
transaction involving the assumption or transfer (A) the Mortgage Loan will
continue to be secured by a first mortgage lien pursuant to the terms of the
Mortgage, (B) such transaction will not adversely affect the coverage under any
Required Insurance Policies, (C) the Mortgage Loan will fully amortize over the
remaining term thereof, (D) no material term of the Mortgage Loan (including the
interest rate on the Mortgage Loan) will be altered nor will the term of the
Mortgage Loan be changed and (E) if the seller/transferor of the Mortgaged
Property is to be released from liability on the Mortgage Loan, such release
will not (based on the Master Servicer's or Subservicer's good faith
determination) adversely affect the collectability of the Mortgage Loan. Upon
receipt of appropriate instructions from the Master Servicer in accordance with
the foregoing, the Trustee shall execute any necessary instruments for such
assumption or substitution of liability as directed in writing by the Master
Servicer. Upon the closing of the transactions contemplated by such documents,
the Master Servicer shall cause the originals or true and correct copies of the
assumption agreement, the release (if any),
56
or the modification or supplement to the Mortgage Note or Mortgage to be
delivered to the Trustee or the Custodian and deposited with the Mortgage File
for such Mortgage Loan. Any fee collected by the Master Servicer or such related
Subservicer for entering into an assumption or substitution of liability
agreement will be retained by the Master Servicer or such Subservicer as
additional servicing compensation.
(c) The Master Servicer or the related Subservicer, as the case may be,
shall be entitled to approve a request from a Mortgagor for a partial release of
the related Mortgaged Property, the granting of an easement thereon in favor of
another Person, any alteration or demolition of the related Mortgaged Property
(or, with respect to a Cooperative Loan, the related Cooperative Apartment)
without any right of reimbursement or other similar matters if it has
determined, exercising its good faith business judgment in the same manner as it
would if it were the owner of the related Mortgage Loan, that the security for,
and the timely and full collectability of, such Mortgage Loan would not be
adversely affected thereby and that any portion of any REMIC formed under the
Series Supplement would not fail to continue to qualify as a REMIC under the
Code as a result thereof and (subject to Section 10.01(f)) that no tax on
"prohibited transactions" or "contributions" after the startup day would be
imposed on any such REMIC as a result thereof. Any fee collected by the Master
Servicer or the related Subservicer for processing such a request will be
retained by the Master Servicer or such Subservicer as additional servicing
compensation.
(d) Subject to any other applicable terms and conditions of this
Agreement, the Trustee and Master Servicer shall be entitled to approve an
assignment in lieu of satisfaction with respect to any Mortgage Loan, provided
the obligee with respect to such Mortgage Loan following such proposed
assignment provides the Trustee and Master Servicer with a "Lender Certification
for Assignment of Mortgage Loan" in the form attached hereto as Exhibit M, in
form and substance satisfactory to the Trustee and Master Servicer, providing
the following: (i) that the substance of the assignment is, and is intended to
be, a refinancing of such Mortgage; (ii) that the Mortgage Loan following the
proposed assignment will have a rate of interest at least 0.25 percent below or
above the rate of interest on such Mortgage Loan prior to such proposed
assignment; and (iii) that such assignment is at the request of the borrower
under the related Mortgage Loan. Upon approval of an assignment in lieu of
satisfaction with respect to any Mortgage Loan, the Master Servicer shall
receive cash in an amount equal to the unpaid principal balance of and accrued
interest on such Mortgage Loan and the Master Servicer shall treat such amount
as a Principal Prepayment in Full with respect to such Mortgage Loan for all
purposes hereof.
Section 3.14 Realization Upon Defaulted Mortgage Loans.
(a) The Master Servicer shall foreclose upon or otherwise comparably
convert (which may include an REO Acquisition) the ownership of properties
securing such of the Mortgage Loans as come into and continue in default and as
to which no satisfactory arrangements can be made for collection of delinquent
payments pursuant to Section 3.07. Alternatively, the Master Servicer may take
other actions in respect of a defaulted Mortgage Loan, which may include (i)
accepting a short sale (a payoff of the Mortgage Loan for an amount less than
the total amount contractually owed in order to facilitate a sale of the
Mortgaged Property by the Mortgagor) or permitting a short refinancing (a payoff
of the Mortgage Loan for an amount less than the total amount contractually owed
in order to facilitate refinancing transactions by the Mortgagor not involving a
sale of the
57
Mortgaged Property), (ii) arranging for a repayment plan or (iii) agreeing to a
modification in accordance with Section 3.07. In connection with such
foreclosure or other conversion, the Master Servicer shall, consistent with
Section 3.11, follow such practices and procedures as it shall deem necessary or
advisable, as shall be normal and usual in its general mortgage servicing
activities and as shall be required or permitted by the Program Guide; provided
that the Master Servicer shall not be liable in any respect hereunder if the
Master Servicer is acting in connection with any such foreclosure or other
conversion in a manner that is consistent with the provisions of this Agreement.
The Master Servicer, however, shall not be required to expend its own funds or
incur other reimbursable charges in connection with any foreclosure, or
attempted foreclosure which is not completed, or towards the restoration of any
property unless it shall determine (i) that such restoration and/or foreclosure
will increase the proceeds of liquidation of the Mortgage Loan to Holders of
Certificates of one or more Classes after reimbursement to itself for such
expenses or charges and (ii) that such expenses or charges will be recoverable
to it through Liquidation Proceeds, Insurance Proceeds, or REO Proceeds
(respecting which it shall have priority for purposes of withdrawals from the
Custodial Account pursuant to Section 3.10, whether or not such expenses and
charges are actually recoverable from related Liquidation Proceeds, Insurance
Proceeds or REO Proceeds). In the event of such a determination by the Master
Servicer pursuant to this Section 3.14(a), the Master Servicer shall be entitled
to reimbursement of such amounts pursuant to Section 3.10.
In addition to the foregoing, the Master Servicer shall use its best
reasonable efforts to realize upon any Additional Collateral for such of the
Additional Collateral Loans as come into and continue in default and as to which
no satisfactory arrangements can be made for collection of delinquent payments
pursuant to Section 3.07; provided that the Master Servicer shall not, on behalf
of the Trustee, obtain title to any such Additional Collateral as a result of or
in lieu of the disposition thereof or otherwise; and provided further that (i)
the Master Servicer shall not proceed with respect to such Additional Collateral
in any manner that would impair the ability to recover against the related
Mortgaged Property, and (ii) the Master Servicer shall proceed with any REO
Acquisition in a manner that preserves the ability to apply the proceeds of such
Additional Collateral against amounts owed under the defaulted Mortgage Loan.
Any proceeds realized from such Additional Collateral (other than amounts to be
released to the Mortgagor or the related guarantor in accordance with procedures
that the Master Servicer would follow in servicing loans held for its own
account, subject to the terms and conditions of the related Mortgage and
Mortgage Note and to the terms and conditions of any security agreement,
guarantee agreement, mortgage or other agreement governing the disposition of
the proceeds of such Additional Collateral) shall be deposited in the Custodial
Account, subject to withdrawal pursuant to Section 3.10. Any other payment
received by the Master Servicer in respect of such Additional Collateral shall
be deposited in the Custodial Account subject to withdrawal pursuant to Section
3.10.
For so long as the Master Servicer is the Master Servicer under the
Credit Support Pledge Agreement, the Master Servicer shall perform its
obligations under the Credit Support Pledge Agreement in accordance with such
Agreement and in a manner that is in the best interests of the
Certificateholders. Further, the Master Servicer shall use its best reasonable
efforts to realize upon any Pledged Assets for such of the Pledged Asset Loans
as come into and continue in default and as to which no satisfactory
arrangements can be made for collection of delinquent payments pursuant to
Section 3.07; provided that the Master Servicer shall not, on behalf of the
Trustee, obtain title to
58
any such Pledged Assets as a result of or in lieu of the disposition thereof or
otherwise; and provided further that (i) the Master Servicer shall not proceed
with respect to such Pledged Assets in any manner that would impair the ability
to recover against the related Mortgaged Property, and (ii) the Master Servicer
shall proceed with any REO Acquisition in a manner that preserves the ability to
apply the proceeds of such Pledged Assets against amounts owed under the
defaulted Mortgage Loan. Any proceeds realized from such Pledged Assets (other
than amounts to be released to the Mortgagor or the related guarantor in
accordance with procedures that the Master Servicer would follow in servicing
loans held for its own account, subject to the terms and conditions of the
related Mortgage and Mortgage Note and to the terms and conditions of any
security agreement, guarantee agreement, mortgage or other agreement governing
the disposition of the proceeds of such Pledged Assets) shall be deposited in
the Custodial Account, subject to withdrawal pursuant to Section 3.10. Any other
payment received by the Master Servicer in respect of such Pledged Assets shall
be deposited in the Custodial Account subject to withdrawal pursuant to Section
3.10.
Concurrently with the foregoing, the Master Servicer may pursue any
remedies that may be available in connection with a breach of a representation
and warranty with respect to any such Mortgage Loan in accordance with Sections
2.03 and 2.04. However, the Master Servicer is not required to continue to
pursue both foreclosure (or similar remedies) with respect to the Mortgage Loans
and remedies in connection with a breach of a representation and warranty if the
Master Servicer determines in its reasonable discretion that one such remedy is
more likely to result in a greater recovery as to the Mortgage Loan. Upon the
occurrence of a Cash Liquidation or REO Disposition, following the deposit in
the Custodial Account of all Insurance Proceeds, Liquidation Proceeds and other
payments and recoveries referred to in the definition of "Cash Liquidation" or
"REO Disposition," as applicable, upon receipt by the Trustee of written
notification of such deposit signed by a Servicing Officer, the Trustee or any
Custodian, as the case may be, shall release to the Master Servicer the related
Mortgage File and the Trustee shall execute and deliver such instruments of
transfer or assignment prepared by the Master Servicer, in each case without
recourse, as shall be necessary to vest in the Master Servicer or its designee,
as the case may be, the related Mortgage Loan, and thereafter such Mortgage Loan
shall not be part of the Trust Fund. Notwithstanding the foregoing or any other
provision of this Agreement, in the Master Servicer's sole discretion with
respect to any defaulted Mortgage Loan or REO Property as to either of the
following provisions, (i) a Cash Liquidation or REO Disposition may be deemed to
have occurred if substantially all amounts expected by the Master Servicer to be
received in connection with the related defaulted Mortgage Loan or REO Property
have been received, and (ii) for purposes of determining the amount of any
Liquidation Proceeds, Insurance Proceeds, REO Proceeds or any other unscheduled
collections or the amount of any Realized Loss, the Master Servicer may take
into account minimal amounts of additional receipts expected to be received or
any estimated additional liquidation expenses expected to be incurred in
connection with the related defaulted Mortgage Loan or REO Property.
(b) If title to any Mortgaged Property is acquired by the Trust Fund as
an REO Property by foreclosure or by deed in lieu of foreclosure, the deed or
certificate of sale shall be issued to the Trustee or to its nominee on behalf
of Certificateholders. Notwithstanding any such acquisition of title and
cancellation of the related Mortgage Loan, such REO Property shall (except as
otherwise expressly provided herein) be considered to be an Outstanding Mortgage
Loan held in the Trust Fund until such time as the REO Property shall be sold.
Consistent with the foregoing for purposes of all
59
calculations hereunder so long as such REO Property shall be considered to be an
Outstanding Mortgage Loan it shall be assumed that, notwithstanding that the
indebtedness evidenced by the related Mortgage Note shall have been discharged,
such Mortgage Note and the related amortization schedule in effect at the time
of any such acquisition of title (after giving effect to any previous
Curtailments and before any adjustment thereto by reason of any bankruptcy or
similar proceeding or any moratorium or similar waiver or grace period) remain
in effect.
(c) If the Trust Fund acquires any REO Property as aforesaid or
otherwise in connection with a default or imminent default on a Mortgage Loan,
the Master Servicer on behalf of the Trust Fund shall dispose of such REO
Property as soon as practicable, giving due consideration to the interests of
the Certificateholders, but in all cases within three full years after the
taxable year of its acquisition by the Trust Fund for purposes of Section
860G(a)(8) of the Code (or such shorter period as may be necessary under
applicable state (including any state in which such property is located) law to
maintain the status of any portion of any REMIC formed under the Series
Supplement as a REMIC under applicable state law and avoid taxes resulting from
such property failing to be foreclosure property under applicable state law) or,
at the expense of the Trust Fund, request, more than 60 days before the day on
which such grace period would otherwise expire, an extension of such grace
period unless the Master Servicer (subject to Section 10.01(f)) obtains for the
Trustee an Opinion of Counsel, addressed to the Trustee and the Master Servicer,
to the effect that the holding by the Trust Fund of such REO Property subsequent
to such period will not result in the imposition of taxes on "prohibited
transactions" as defined in Section 860F of the Code or cause any REMIC formed
under the Series Supplement to fail to qualify as a REMIC (for federal (or any
applicable State or local) income tax purposes) at any time that any
Certificates are outstanding, in which case the Trust Fund may continue to hold
such REO Property (subject to any conditions contained in such Opinion of
Counsel). The Master Servicer shall be entitled to be reimbursed from the
Custodial Account for any costs incurred in obtaining such Opinion of Counsel,
as provided in Section 3.10. Notwithstanding any other provision of this
Agreement, no REO Property acquired by the Trust Fund shall be rented (or
allowed to continue to be rented) or otherwise used by or on behalf of the Trust
Fund in such a manner or pursuant to any terms that would (i) cause such REO
Property to fail to qualify as "foreclosure property" within the meaning of
Section 860G(a)(8) of the Code or (ii) subject the Trust Fund to the imposition
of any federal income taxes on the income earned from such REO Property,
including any taxes imposed by reason of Section 860G(c) of the Code, unless the
Master Servicer has agreed to indemnify and hold harmless the Trust Fund with
respect to the imposition of any such taxes.
(d) The proceeds of any Cash Liquidation, REO Disposition or purchase or
repurchase of any Mortgage Loan pursuant to the terms of this Agreement, as well
as any recovery resulting from a collection of Liquidation Proceeds, Insurance
Proceeds or REO Proceeds, will be applied in the following order of priority:
first, to reimburse the Master Servicer or the related Subservicer in accordance
with Section 3.10(a)(ii); second, to the Certificateholders to the extent of
accrued and unpaid interest on the Mortgage Loan, and any related REO Imputed
Interest, at the Net Mortgage Rate (or the Modified Net Mortgage Rate in the
case of a Modified Mortgage Loan) to the Due Date prior to the Distribution Date
on which such amounts are to be distributed; third, to the Certificateholders as
a recovery of principal on the Mortgage Loan (or REO Property); fourth, to all
Servicing Fees and Subservicing Fees payable therefrom (and the Master Servicer
and the
60
Subservicer shall have no claims for any deficiencies with respect to such fees
which result from the foregoing allocation); and fifth, to Foreclosure Profits.
(e) In the event of a default on a Mortgage Loan one or more of whose
obligors is not a United States Person, in connection with any foreclosure or
acquisition of a deed in lieu of foreclosure (together, "foreclosure") in
respect of such Mortgage Loan, the Master Servicer will cause compliance with
the provisions of Treasury Regulation Section 1.1445-2(d)(3) (or any successor
thereto) necessary to assure that no withholding tax obligation arises with
respect to the proceeds of such foreclosure except to the extent, if any, that
proceeds of such foreclosure are required to be remitted to the obligors on such
Mortgage Loan.
Section 3.15 Trustee to Cooperate; Release of Mortgage Files.
(a) Upon becoming aware of the payment in full of any Mortgage Loan, or
upon the receipt by the Master Servicer of a notification that payment in full
will be escrowed in a manner customary for such purposes, the Master Servicer
will immediately notify the Trustee (if it holds the related Mortgage File) or
the Custodian by a certification of a Servicing Officer (which certification
shall include a statement to the effect that all amounts received or to be
received in connection with such payment which are required to be deposited in
the Custodial Account pursuant to Section 3.07 have been or will be so
deposited), substantially in one of the forms attached hereto as Exhibit F, or,
in the case of the Custodian, an electronic request in a form acceptable to the
Custodian, requesting delivery to it of the Mortgage File. Within two Business
Days of receipt of such certification and request, the Trustee shall release, or
cause the Custodian to release, the related Mortgage File to the Master
Servicer. The Master Servicer is authorized to execute and deliver to the
Mortgagor the request for reconveyance, deed of reconveyance or release or
satisfaction of mortgage or such instrument releasing the lien of the Mortgage,
together with the Mortgage Note with, as appropriate, written evidence of
cancellation thereon and to cause the removal from the registration on the
MERS(R) System of such Mortgage and to execute and deliver, on behalf of the
Trustee and the Certificateholders or any of them, any and all instruments of
satisfaction or cancellation or of partial or full release. No expenses incurred
in connection with any instrument of satisfaction or deed of reconveyance shall
be chargeable to the Custodial Account or the Certificate Account.
(b) From time to time as is appropriate for the servicing or foreclosure
of any Mortgage Loan, the Master Servicer shall deliver to the Custodian, with a
copy to the Trustee, a certificate of a Servicing Officer substantially in one
of the forms attached as Exhibit F hereto, or, in the case of the Custodian, an
electronic request in a form acceptable to the Custodian, requesting that
possession of all, or any document constituting part of, the Mortgage File be
released to the Master Servicer and certifying as to the reason for such release
and that such release will not invalidate any insurance coverage provided in
respect of the Mortgage Loan under any Required Insurance Policy. Upon receipt
of the foregoing, the Trustee shall deliver, or cause the Custodian to deliver,
the Mortgage File or any document therein to the Master Servicer. The Master
Servicer shall cause each Mortgage File or any document therein so released to
be returned to the Trustee, or the Custodian as agent for the Trustee when the
need therefor by the Master Servicer no longer exists, unless (i) the Mortgage
Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage
Loan have been deposited in the Custodial Account or (ii) the Mortgage File or
such document has been delivered directly or through a Subservicer to an
attorney, or to a public trustee or other public official as
61
required by law, for purposes of initiating or pursuing legal action or other
proceedings for the foreclosure of the Mortgaged Property either judicially or
non-judicially, and the Master Servicer has delivered directly or through a
Subservicer to the Trustee a certificate of a Servicing Officer certifying as to
the name and address of the Person to which such Mortgage File or such document
was delivered and the purpose or purposes of such delivery. In the event of the
liquidation of a Mortgage Loan, the Trustee shall deliver the Request for
Release with respect thereto to the Master Servicer upon deposit of the related
Liquidation Proceeds in the Custodial Account.
(c) The Trustee or the Master Servicer on the Trustee's behalf shall
execute and deliver to the Master Servicer, if necessary, any court pleadings,
requests for trustee's sale or other documents necessary to the foreclosure or
trustee's sale in respect of a Mortgaged Property or to any legal action brought
to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to
obtain a deficiency judgment, or to enforce any other remedies or rights
provided by the Mortgage Note or Mortgage or otherwise available at law or in
equity. Together with such documents or pleadings (if signed by the Trustee),
the Master Servicer shall deliver to the Trustee a certificate of a Servicing
Officer requesting that such pleadings or documents be executed by the Trustee
and certifying as to the reason such documents or pleadings are required and
that the execution and delivery thereof by the Trustee will not invalidate any
insurance coverage under any Required Insurance Policy or invalidate or
otherwise affect the lien of the Mortgage, except for the termination of such a
lien upon completion of the foreclosure or trustee's sale.
Section 3.16 Servicing and Other Compensation; Compensating Interest.
(a) The Master Servicer, as compensation for its activities hereunder,
shall be entitled to receive on each Distribution Date the amounts provided for
by clauses (iii), (iv), (v) and (vi) of Section 3.10(a), subject to clause (e)
below. The amount of servicing compensation provided for in such clauses shall
be accounted for on a Mortgage Loan-by-Mortgage Loan basis. In the event that
Liquidation Proceeds, Insurance Proceeds and REO Proceeds (net of amounts
reimbursable therefrom pursuant to Section 3.10(a)(ii)) in respect of a Cash
Liquidation or REO Disposition exceed the unpaid principal balance of such
Mortgage Loan plus unpaid interest accrued thereon (including REO Imputed
Interest) at a per annum rate equal to the related Net Mortgage Rate (or the
Modified Net Mortgage Rate in the case of a Modified Mortgage Loan), the Master
Servicer shall be entitled to retain therefrom and to pay to itself and/or the
related Subservicer, any Foreclosure Profits and any Servicing Fee or
Subservicing Fee considered to be accrued but unpaid.
(b) Additional servicing compensation in the form of prepayment charges,
assumption fees, late payment charges, investment income on amounts in the
Custodial Account or the Certificate Account or otherwise shall be retained by
the Master Servicer or the Subservicer to the extent provided herein, subject to
clause (e) below.
(c) The Master Servicer shall be required to pay, or cause to be paid,
all expenses incurred by it in connection with its servicing activities
hereunder (including payment of premiums for the Primary Insurance Policies, if
any, to the extent such premiums are not required to be paid by the related
Mortgagors, and the fees and expenses of the Trustee and any Custodian) and
shall not be entitled to reimbursement therefor except as specifically provided
in Sections 3.10 and 3.14.
62
(d) The Master Servicer's right to receive servicing compensation may
not be transferred in whole or in part except in connection with the transfer of
all of its responsibilities and obligations of the Master Servicer under this
Agreement.
(e) Notwithstanding any other provision herein, the amount of servicing
compensation that the Master Servicer shall be entitled to receive for its
activities hereunder for the period ending on each Distribution Date shall be
reduced (but not below zero) by an amount equal to Compensating Interest (if
any) for such Distribution Date. Such reduction shall be applied during such
period as follows: first, to any Servicing Fee or Subservicing Fee to which the
Master Servicer is entitled pursuant to Section 3.10(a)(iii) and second, to any
income or gain realized from any investment of funds held in the Custodial
Account or the Certificate Account to which the Master Servicer is entitled
pursuant to Sections 3.07(c) or 4.01(b), respectively. In making such reduction,
the Master Servicer (i) will not withdraw from the Custodial Account any such
amount representing all or a portion of the Servicing Fee to which it is
entitled pursuant to Section 3.10(a)(iii) and (ii) will not withdraw from the
Custodial Account or Certificate Account any such amount to which it is entitled
pursuant to Section 3.07(c) or 4.01(b).
Section 3.17 Reports to the Trustee and the Company.
Not later than fifteen days after each Distribution Date, the Master
Servicer shall forward to the Trustee and the Company a statement, certified by
a Servicing Officer, setting forth the status of the Custodial Account as of the
close of business on such Distribution Date as it relates to the Mortgage Loans
and showing, for the period covered by such statement, the aggregate of deposits
in or withdrawals from the Custodial Account in respect of the Mortgage Loans
for each category of deposit specified in Section 3.07 and each category of
withdrawal specified in Section 3.10.
Section 3.18 Annual Statement as to Compliance.
The Master Servicer will deliver to the Company, the Trustee and any
Certificate Insurer on or before the earlier of (a) March 31 of each year,
beginning with the first March 31 that occurs at least six months after the
Cut-off Date or (b) with respect to any calendar year during which the Company's
annual report on Form 10-K is required to be filed in accordance with the
Exchange Act and the rules and regulations of the Commission, the date on which
the annual report on Form 10-K is required to be filed in accordance with the
Exchange Act and the rules and regulations of the Commission, an Officers'
Certificate stating, as to each signer thereof, that (i) a review of the
activities of the Master Servicer during the preceding calendar year related to
its servicing of mortgage loans and its performance under pooling and servicing
agreements, including this Agreement, has been made under such officers'
supervision, (ii) to the best of such officers' knowledge, based on such review,
the Master Servicer has complied in all material respects with the minimum
servicing standards set forth in the Uniform Single Attestation Program for
Mortgage Bankers and has fulfilled all of its material obligations relating to
this Agreement in all material respects throughout such year, or, if there has
been material noncompliance with such servicing standards or a default in the
fulfillment in all material respects of any such obligation relating to this
Agreement, such statement shall include a description of such noncompliance or
specify each such default, as the case may be, known to such officer and the
nature and status thereof and (iii) to the best of such officers' knowledge,
each Subservicer has complied in all material respects with the
63
minimum servicing standards set forth in the Uniform Single Attestation Program
for Mortgage Bankers and has fulfilled all of its material obligations under its
Subservicing Agreement in all material respects throughout such year, or, if
there has been material noncompliance with such servicing standards or a
material default in the fulfillment of such obligations relating to this
Agreement, such statement shall include a description of such noncompliance or
specify each such default, as the case may be, known to such officer and the
nature and status thereof.
Section 3.19 Annual Independent Public Accountants' Servicing Report.
On or before the earlier of (a) March 31 of each year, beginning with
the first March 31 that occurs at least six months after the Cut-off Date or (b)
with respect to any calendar year during which the Company's annual report on
Form 10-K is required to be filed in accordance with the Exchange Act and the
rules and regulations of the Commission, the date on which the annual report on
Form 10-K is required to be filed in accordance with the Exchange Act and the
rules and regulations of the Commission, the Master Servicer at its expense
shall cause a firm of independent public accountants, which shall be members of
the American Institute of Certified Public Accountants, to furnish a report to
the Company and the Trustee stating its opinion that, on the basis of an
examination conducted by such firm substantially in accordance with standards
established by the American Institute of Certified Public Accountants, the
assertions made pursuant to Section 3.18 regarding compliance with the minimum
servicing standards set forth in the Uniform Single Attestation Program for
Mortgage Bankers during the preceding calendar year are fairly stated in all
material respects, subject to such exceptions and other qualifications that, in
the opinion of such firm, such accounting standards require it to report. In
rendering such statement, such firm may rely, as to matters relating to the
direct servicing of mortgage loans by Subservicers, upon comparable statements
for examinations conducted by independent public accountants substantially in
accordance with standards established by the American Institute of Certified
Public Accountants (rendered within one year of such statement) with respect to
such Subservicers.
Section 3.20 Rights of the Company in Respect of the Master Servicer.
The Master Servicer shall afford the Company, upon reasonable notice,
during normal business hours access to all records maintained by the Master
Servicer in respect of its rights and obligations hereunder and access to
officers of the Master Servicer responsible for such obligations. Upon request,
the Master Servicer shall furnish the Company with its most recent financial
statements and such other information as the Master Servicer possesses regarding
its business, affairs, property and condition, financial or otherwise. The
Master Servicer shall also cooperate with all reasonable requests for
information including, but not limited to, notices, tapes and copies of files,
regarding itself, the Mortgage Loans or the Certificates from any Person or
Persons identified by the Company or Residential Funding. The Company may, but
is not obligated to, enforce the obligations of the Master Servicer hereunder
and may, but is not obligated to, perform, or cause a designee to perform, any
defaulted obligation of the Master Servicer hereunder or exercise the rights of
the Master Servicer hereunder; provided that the Master Servicer shall not be
relieved of any of its obligations hereunder by virtue of such performance by
the Company or its designee. The Company shall not have any responsibility or
liability for any action or failure to act by the Master Servicer and is not
obligated to supervise the performance of the Master Servicer under this
Agreement or otherwise.
64
Section 3.21 Administration of Buydown Funds.
(a) With respect to any Buydown Mortgage Loan, the Subservicer has
deposited Buydown Funds in an account that satisfies the requirements for a
Subservicing Account (the "Buydown Account"). The Master Servicer shall cause
the Subservicing Agreement to require that upon receipt from the Mortgagor of
the amount due on a Due Date for each Buydown Mortgage Loan, the Subservicer
will withdraw from the Buydown Account the predetermined amount that, when added
to the amount due on such date from the Mortgagor, equals the full Monthly
Payment and transmit that amount in accordance with the terms of the
Subservicing Agreement to the Master Servicer together with the related payment
made by the Mortgagor or advanced by the Subservicer.
(b) If the Mortgagor on a Buydown Mortgage Loan prepays such loan in its
entirety during the period (the "Buydown Period") when Buydown Funds are
required to be applied to such Buydown Mortgage Loan, the Subservicer shall be
required to withdraw from the Buydown Account and remit any Buydown Funds
remaining in the Buydown Account in accordance with the related buydown
agreement. The amount of Buydown Funds which may be remitted in accordance with
the related buydown agreement may reduce the amount required to be paid by the
Mortgagor to fully prepay the related Mortgage Loan. If the Mortgagor on a
Buydown Mortgage Loan defaults on such Mortgage Loan during the Buydown Period
and the property securing such Buydown Mortgage Loan is sold in the liquidation
thereof (either by the Master Servicer or the insurer under any related Primary
Insurance Policy), the Subservicer shall be required to withdraw from the
Buydown Account the Buydown Funds for such Buydown Mortgage Loan still held in
the Buydown Account and remit the same to the Master Servicer in accordance with
the terms of the Subservicing Agreement for deposit in the Custodial Account or,
if instructed by the Master Servicer, pay to the insurer under any related
Primary Insurance Policy if the Mortgaged Property is transferred to such
insurer and such insurer pays all of the loss incurred in respect of such
default. Any amount so remitted pursuant to the preceding sentence will be
deemed to reduce the amount owed on the Mortgage Loan.
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account.
(a) The Master Servicer on behalf of the Trustee shall establish and
maintain a Certificate Account in which the Master Servicer shall cause to be
deposited on behalf of the Trustee on or before 2:00 P.M. New York time on each
Certificate Account Deposit Date by wire transfer of immediately available funds
an amount equal to the sum of (i) any Advance for the immediately succeeding
Distribution Date, (ii) any amount required to be deposited in the Certificate
Account pursuant to Section 3.12(a), (iii) any amount required to be deposited
in the Certificate Account pursuant to Section 3.16(e) or Section 4.07, (iv) any
amount required to be paid pursuant to Section 9.01 and (v) all other amounts
constituting the Available Distribution Amount for the immediately succeeding
Distribution Date.
(b) The Trustee shall, upon written request from the Master Servicer,
invest or cause the institution maintaining the Certificate Account to invest
the funds in the Certificate Account in
65
Permitted Investments designated in the name of the Trustee for the benefit of
the Certificateholders, which shall mature or be payable on demand not later
than the Business Day next preceding the Distribution Date next following the
date of such investment (except that (i) any investment in the institution with
which the Certificate Account is maintained may mature or be payable on demand
on such Distribution Date and (ii) any other investment may mature or be payable
on demand on such Distribution Date if the Trustee shall advance funds on such
Distribution Date to the Certificate Account in the amount payable on such
investment on such Distribution Date, pending receipt thereof to the extent
necessary to make distributions on the Certificates) and shall not be sold or
disposed of prior to maturity. Subject to Section 3.16(e), all income and gain
realized from any such investment shall be for the benefit of the Master
Servicer and shall be subject to its withdrawal or order from time to time. The
amount of any losses incurred in respect of any such investments shall be
deposited in the Certificate Account by the Master Servicer out of its own funds
immediately as realized without any right of reimbursement.
Section 4.02 Distributions.
As provided in Section 4.02 of the Series Supplement.
Section 4.03 Statements to Certificateholders; Statements to Rating
Agencies; Exchange Act Reporting.
(a) Concurrently with each distribution charged to the Certificate
Account and with respect to each Distribution Date the Master Servicer shall
forward to the Trustee and the Trustee shall either forward by mail or make
available to each Holder and the Company, via the Trustee's internet website, a
statement (and at its option, any additional files containing the same
information in an alternative format) setting forth information as to each Class
of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two
or more Loan Groups, each Loan Group, to the extent applicable. This statement
will include the information set forth in an exhibit to the Series Supplement.
Such exhibit shall set forth the Trustee's internet website address together
with a phone number. The Trustee shall mail to each Holder that requests a paper
copy by telephone a paper copy via first class mail. The Trustee may modify the
distribution procedures set forth in this Section provided that such procedures
are no less convenient for the Certificateholders. The Trustee shall provide
prior notification to the Company, the Master Servicer and the
Certificateholders regarding any such modification. In addition, the Master
Servicer shall provide to any manager of a trust fund consisting of some or all
of the Certificates, upon reasonable request, such additional information as is
reasonably obtainable by the Master Servicer at no additional expense to the
Master Servicer. Also, at the request of a Rating Agency, the Master Servicer
shall provide the information relating to the Reportable Modified Mortgage Loans
substantially in the form attached hereto as Exhibit Q to such Rating Agency
within a reasonable period of time; provided, however, that the Master Servicer
shall not be required to provide such information more than four times in a
calendar year to any Rating Agency.
(b) Within a reasonable period of time after the end of each calendar
year, the Master Servicer shall prepare, or cause to be prepared, and shall
forward, or cause to be forwarded, to each Person who at any time during the
calendar year was the Holder of a Certificate, other than a Class R Certificate,
a statement containing the information set forth in clauses (i) and (ii) of the
exhibit to
66
the Series Supplement referred to in subsection (a) above aggregated for such
calendar year or applicable portion thereof during which such Person was a
Certificateholder. Such obligation of the Master Servicer shall be deemed to
have been satisfied to the extent that substantially comparable information
shall be provided by the Master Servicer pursuant to any requirements of the
Code.
(c) Within a reasonable period of time after the end of each calendar
year, the Master Servicer shall prepare, or cause to be prepared, and shall
forward, or cause to be forwarded, to each Person who at any time during the
calendar year was the Holder of a Class R Certificate, a statement containing
the applicable distribution information provided pursuant to this Section 4.03
aggregated for such calendar year or applicable portion thereof during which
such Person was the Holder of a Class R Certificate. Such obligation of the
Master Servicer shall be deemed to have been satisfied to the extent that
substantially comparable information shall be provided by the Master Servicer
pursuant to any requirements of the Code.
(d) Upon the written request of any Certificateholder, the Master
Servicer, as soon as reasonably practicable, shall provide the requesting
Certificateholder with such information as is necessary and appropriate, in the
Master Servicer's sole discretion, for purposes of satisfying applicable
reporting requirements under Rule 144A.
(e) The Trustee will make the reports referred to in Section 4.03(a)
(and, at its option, any additional files containing the same information in an
alternative format) available each month to Certificateholders, any Certificate
Insurer and other parties to the Agreement via the Trustee's website, which is
presently located at xxx.xxx.xxxxxxx.xxx. Persons that are unable to use the
above website are entitled to have a paper copy mailed to them via first class
mail by calling the Trustee at (000) 000-0000. The Trustee shall have the right
to change the way the reports referred to in Section 4.03(a) are distributed in
order to make such distribution more convenient and/or more accessible to the
above parties, to the Certificateholders and to any Certificate Insurer. The
Trustee shall provide timely and adequate notification to all the parties
mentioned above and to the Certificateholders regarding any such change.
(f) The Master Servicer shall, on behalf of the Depositor and in respect
of the Trust Fund, sign and cause to be filed with the Commission any periodic
reports required to be filed under the provisions of the Exchange Act, and the
rules and regulations of the Commission thereunder. In connection with the
preparation and filing of such periodic reports, the Trustee shall timely
provide to the Master Servicer (I) a list of Certificateholders as shown on the
Certificate Register as of the end of each calendar year, (II) copies of all
pleadings, other legal process and any other documents relating to any claims,
charges or complaints involving the Trustee, as trustee hereunder, or the Trust
Fund that are received by the Trustee, (III) notice of all matters that, to the
actual knowledge of a Responsible Officer of the Trustee, have been submitted to
a vote of the Certificateholders, other than those matters that have been
submitted to a vote of the Certificateholders at the request of the Depositor or
the Master Servicer, and (IV) notice of any failure of the Trustee to make any
distribution to the Certificateholders as required pursuant to this Agreement.
Neither the Master Servicer nor the Trustee shall have any liability with
respect to the Master Servicer's failure to properly prepare or file such
periodic reports resulting from or relating to the Master Servicer's inability
or failure to obtain any information not resulting from the Master Servicer's
own negligence or willful misconduct. Any Form 10-K filed with the Commission in
connection with this clause (f)
67
shall include a certification, signed by the senior officer in charge of the
servicing functions of the Master Servicer, in the form attached as Exhibit O
hereto or such other form as may be required or permitted by the Commission (the
"Form 10-K Certification"), in compliance with Rule 13a-14 and 15d-14 under the
Exchange Act and any additional directives of the Commission. In connection with
the Form 10-K Certification, the Trustee shall provide the Master Servicer with
a back-up certification substantially in the form attached hereto as Exhibit P.
Section 4.04 Distribution of Reports to the Trustee and the
Company; Advances by the Master Servicer.
(a) Prior to the close of business on the Determination Date, the Master
Servicer shall furnish a written statement to the Trustee, any Certificate
Insurer, any Paying Agent and the Company (the information in such statement to
be made available to Certificateholders by the Master Servicer on request)
setting forth (i) the Available Distribution Amount and (ii) the amounts
required to be withdrawn from the Custodial Account and deposited into the
Certificate Account on the immediately succeeding Certificate Account Deposit
Date pursuant to clause (iii) of Section 4.01(a). The determination by the
Master Servicer of such amounts shall, in the absence of obvious error, be
presumptively deemed to be correct for all purposes hereunder and the Trustee
shall be protected in relying upon the same without any independent check or
verification.
(b) On or before 2:00 P.M. New York time on each Certificate Account
Deposit Date, the Master Servicer shall either (i) deposit in the Certificate
Account from its own funds, or funds received therefor from the Subservicers, an
amount equal to the Advances to be made by the Master Servicer in respect of the
related Distribution Date, which shall be in an aggregate amount equal to the
aggregate amount of Monthly Payments (with each interest portion thereof
adjusted to the Net Mortgage Rate), less the amount of any related Servicing
Modifications, Debt Service Reductions or reductions in the amount of interest
collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil
Relief Act of 1940, as amended, or similar legislation or regulations then in
effect, on the Outstanding Mortgage Loans as of the related Due Date, which
Monthly Payments were not received as of the close of business as of the related
Determination Date; provided that no Advance shall be made if it would be a
Nonrecoverable Advance, (ii) withdraw from amounts on deposit in the Custodial
Account and deposit in the Certificate Account all or a portion of the Amount
Held for Future Distribution in discharge of any such Advance, or (iii) make
advances in the form of any combination of (i) and (ii) aggregating the amount
of such Advance. Any portion of the Amount Held for Future Distribution so used
shall be replaced by the Master Servicer by deposit in the Certificate Account
on or before 11:00 A.M. New York time on any future Certificate Account Deposit
Date to the extent that funds attributable to the Mortgage Loans that are
available in the Custodial Account for deposit in the Certificate Account on
such Certificate Account Deposit Date shall be less than payments to
Certificateholders required to be made on the following Distribution Date. The
Master Servicer shall be entitled to use any Advance made by a Subservicer as
described in Section 3.07(b) that has been deposited in the Custodial Account on
or before such Distribution Date as part of the Advance made by the Master
Servicer pursuant to this Section 4.04. The amount of any reimbursement pursuant
to Section 4.02(a) in respect of outstanding Advances on any Distribution Date
shall be allocated to specific Monthly Payments due but delinquent for previous
Due Periods, which allocation shall be made, to the extent practicable, to
Monthly Payments which have been delinquent for the longest period of time. Such
allocations shall be conclusive for
68
purposes of reimbursement to the Master Servicer from recoveries on related
Mortgage Loans pursuant to Section 3.10.
The determination by the Master Servicer that it has made a
Nonrecoverable Advance or that any proposed Advance, if made, would constitute a
Nonrecoverable Advance, shall be evidenced by an Officers' Certificate of the
Master Servicer delivered to the Company and the Trustee.
If the Master Servicer determines as of the Business Day preceding any
Certificate Account Deposit Date that it will be unable to deposit in the
Certificate Account an amount equal to the Advance required to be made for the
immediately succeeding Distribution Date, it shall give notice to the Trustee of
its inability to advance (such notice may be given by telecopy), not later than
3:00 P.M., New York time, on such Business Day, specifying the portion of such
amount that it will be unable to deposit. Not later than 3:00 P.M., New York
time, on the Certificate Account Deposit Date the Trustee shall, unless by 12:00
Noon, New York time, on such day the Trustee shall have been notified in writing
(by telecopy) that the Master Servicer shall have directly or indirectly
deposited in the Certificate Account such portion of the amount of the Advance
as to which the Master Servicer shall have given notice pursuant to the
preceding sentence, pursuant to Section 7.01, (a) terminate all of the rights
and obligations of the Master Servicer under this Agreement in accordance with
Section 7.01 and (b) assume the rights and obligations of the Master Servicer
hereunder, including the obligation to deposit in the Certificate Account an
amount equal to the Advance for the immediately succeeding Distribution Date.
The Trustee shall deposit all funds it receives pursuant to this Section
4.04 into the Certificate Account.
Section 4.05 Allocation of Realized Losses.
As provided in Section 4.05 of the Series Supplement.
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged
Property.
The Master Servicer or the Subservicers shall file information returns
with respect to the receipt of mortgage interests received in a trade or
business, the reports of foreclosures and abandonments of any Mortgaged Property
and the information returns relating to cancellation of indebtedness income with
respect to any Mortgaged Property required by Sections 6050H, 6050J and 6050P,
respectively, of the Code, and deliver to the Trustee an Officers' Certificate
on or before March 31 of each year stating that such reports have been filed.
Such reports shall be in form and substance sufficient to meet the reporting
requirements imposed by Sections 6050H, 6050J and 6050P of the Code.
Section 4.07 Optional Purchase of Defaulted Mortgage Loans.
As to any Mortgage Loan which is delinquent in payment by 90 days or
more, the Master Servicer may, at its option, purchase such Mortgage Loan from
the Trustee at the Purchase Price therefor. If at any time the Master Servicer
makes a payment to the Certificate Account covering the amount of the Purchase
Price for such a Mortgage Loan, and the Master Servicer provides to the
69
Trustee a certification signed by a Servicing Officer stating that the amount of
such payment has been deposited in the Certificate Account, then the Trustee
shall execute the assignment of such Mortgage Loan at the request of the Master
Servicer without recourse to the Master Servicer, which shall succeed to all the
Trustee's right, title and interest in and to such Mortgage Loan, and all
security and documents relative thereto. Such assignment shall be an assignment
outright and not for security. The Master Servicer will thereupon own such
Mortgage, and all such security and documents, free of any further obligation to
the Trustee or the Certificateholders with respect thereto.
If, however the Master Servicer shall have exercised its right to
repurchase a Mortgage Loan pursuant to this Section 4.07 upon the written
request of and with funds provided by the Junior Certificateholder and thereupon
transferred such Mortgage Loan to the Junior Certificateholder, the Master
Servicer shall so notify the Trustee in writing.
Section 4.08 Surety Bond.
(a) If a Required Surety Payment is payable pursuant to the Surety Bond
with respect to any Additional Collateral Loan, the Master Servicer shall so
notify the Trustee as soon as reasonably practicable and the Trustee shall
promptly complete the notice in the form of Attachment 1 to the Surety Bond and
shall promptly submit such notice to the Surety as a claim for a Required
Surety. The Master Servicer shall upon request assist the Trustee in completing
such notice and shall provide any information requested by the Trustee in
connection therewith.
(b) Upon receipt of a Required Surety Payment from the Surety on behalf
of the Holders of Certificates, the Trustee shall deposit such Required Surety
Payment in the Certificate Account and shall distribute such Required Surety
Payment, or the proceeds thereof, in accordance with the provisions of Section
4.02.
(c) The Trustee shall (i) receive as attorney-in-fact of each Holder of
a Certificate any Required Surety Payment from the Surety and (ii) disburse the
same to the Holders of such Certificates as set forth in Section 4.02.
ARTICLE V
THE CERTIFICATES
Section 5.01 The Certificates.
(a) The Senior, Class M, Class B and Class R Certificates shall be
substantially in the forms set forth in Exhibits A, B, C and D, respectively,
and shall, on original issue, be executed and delivered by the Trustee to the
Certificate Registrar for authentication and delivery to or upon the order of
the Company upon receipt by the Trustee or one or more Custodians of the
documents specified in Section 2.01. The Certificates shall be issuable in the
minimum denominations designated in the Preliminary Statement to the Series
Supplement.
The Certificates shall be executed by manual or facsimile signature on
behalf of an authorized officer of the Trustee. Certificates bearing the manual
or facsimile signatures of
70
individuals who were at any time the proper officers of the Trustee shall bind
the Trustee, notwithstanding that such individuals or any of them have ceased to
hold such offices prior to the authentication and delivery of such Certificate
or did not hold such offices at the date of such Certificates. No Certificate
shall be entitled to any benefit under this Agreement, or be valid for any
purpose, unless there appears on such Certificate a certificate of
authentication substantially in the form provided for herein executed by the
Certificate Registrar by manual signature, and such certificate upon any
Certificate shall be conclusive evidence, and the only evidence, that such
Certificate has been duly authenticated and delivered hereunder. All
Certificates shall be dated the date of their authentication.
(b) Except as provided below, registration of Book-Entry Certificates
may not be transferred by the Trustee except to another Depository that agrees
to hold such Certificates for the respective Certificate Owners with Ownership
Interests therein. The Holders of the Book-Entry Certificates shall hold their
respective Ownership Interests in and to each of such Certificates through the
book-entry facilities of the Depository and, except as provided below, shall not
be entitled to Definitive Certificates in respect of such Ownership Interests.
All transfers by Certificate Owners of their respective Ownership Interests in
the Book-Entry Certificates shall be made in accordance with the procedures
established by the Depository Participant or brokerage firm representing such
Certificate Owner. Each Depository Participant shall transfer the Ownership
Interests only in the Book-Entry Certificates of Certificate Owners it
represents or of brokerage firms for which it acts as agent in accordance with
the Depository's normal procedures.
The Trustee, the Master Servicer and the Company may for all purposes
(including the making of payments due on the respective Classes of Book-Entry
Certificates) deal with the Depository as the authorized representative of the
Certificate Owners with respect to the respective Classes of Book-Entry
Certificates for the purposes of exercising the rights of Certificateholders
hereunder. The rights of Certificate Owners with respect to the respective
Classes of Book-Entry Certificates shall be limited to those established by law
and agreements between such Certificate Owners and the Depository Participants
and brokerage firms representing such Certificate Owners. Multiple requests and
directions from, and votes of, the Depository as Holder of any Class of
Book-Entry Certificates with respect to any particular matter shall not be
deemed inconsistent if they are made with respect to different Certificate
Owners. The Trustee may establish a reasonable record date in connection with
solicitations of consents from or voting by Certificateholders and shall give
notice to the Depository of such record date.
If (i)(A) the Company advises the Trustee in writing that the Depository
is no longer willing or able to properly discharge its responsibilities as
Depository and (B) the Company is unable to locate a qualified successor or (ii)
the Company at its option advises the Trustee in writing that it elects to
terminate the book-entry system through the Depository, the Trustee shall notify
all Certificate Owners, through the Depository, of the occurrence of any such
event and of the availability of Definitive Certificates to Certificate Owners
requesting the same. Upon surrender to the Trustee of the Book-Entry
Certificates by the Depository, accompanied by registration instructions from
the Depository for registration of transfer, the Trustee shall issue the
Definitive Certificates. Neither the Company, the Master Servicer nor the
Trustee shall be liable for any actions taken by the Depository or its nominee,
including, without limitation, any delay in delivery of such instructions and
may conclusively rely on, and shall be protected in relying on, such
instructions.
71
Upon the issuance of Definitive Certificates all references herein to
obligations imposed upon or to be performed by the Company in connection with
the issuance of the Definitive Certificates pursuant to this Section 5.01 shall
be deemed to be imposed upon and performed by the Trustee, and the Trustee and
the Master Servicer shall recognize the Holders of the Definitive Certificates
as Certificateholders hereunder.
(c) From time to time Residential Funding, as the initial Holder of the
Class A-V Certificates, may exchange such Holder's Class A-V Certificates for
Subclasses of Class A-V Certificates to be issued under this Agreement by
delivering a "Request for Exchange" substantially in the form attached hereto as
Exhibit N executed by an authorized officer, which Subclasses, in the aggregate,
will represent the Uncertificated Class A-V REMIC Regular Interests
corresponding to the Class A-V Certificates so surrendered for exchange. Any
Subclass so issued shall bear a numerical designation commencing with Class
A-V-1 and continuing sequentially thereafter, and will evidence ownership of the
Uncertificated REMIC Regular Interest or Interests specified in writing by such
initial Holder to the Trustee. The Trustee may conclusively, without any
independent verification, rely on, and shall be protected in relying on,
Residential Funding's determinations of the Uncertificated Class A-V REMIC
Regular Interests corresponding to any Subclass, the Initial Notional Amount and
the initial Pass-Through Rate on a Subclass as set forth in such Request for
Exchange and the Trustee shall have no duty to determine if any Uncertificated
Class A-V REMIC Regular Interest designated on a Request for Exchange
corresponds to a Subclass which has previously been issued. Each Subclass so
issued shall be substantially in the form set forth in Exhibit A and shall, on
original issue, be executed and delivered by the Trustee to the Certificate
Registrar for authentication and delivery in accordance with Section 5.01(a).
Every Certificate presented or surrendered for exchange by the initial Holder
shall (if so required by the Trustee or the Certificate Registrar) be duly
endorsed by, or be accompanied by a written instrument of transfer attached to
such Certificate and shall be completed to the satisfaction of the Trustee and
the Certificate Registrar duly executed by, the initial Holder thereof or his
attorney duly authorized in writing. The Certificates of any Subclass of Class
A-V Certificates may be transferred in whole, but not in part, in accordance
with the provisions of Section 5.02.
Section 5.02 Registration of Transfer and Exchange of Certificates.
(a) The Trustee shall cause to be kept at one of the offices or agencies
to be appointed by the Trustee in accordance with the provisions of Section 8.12
a Certificate Register in which, subject to such reasonable regulations as it
may prescribe, the Trustee shall provide for the registration of Certificates
and of transfers and exchanges of Certificates as herein provided. The Trustee
is initially appointed Certificate Registrar for the purpose of registering
Certificates and transfers and exchanges of Certificates as herein provided. The
Certificate Registrar, or the Trustee, shall provide the Master Servicer with a
certified list of Certificateholders as of each Record Date prior to the related
Determination Date.
(b) Upon surrender for registration of transfer of any Certificate at
any office or agency of the Trustee maintained for such purpose pursuant to
Section 8.12 and, in the case of any Class M, Class B or Class R Certificate,
upon satisfaction of the conditions set forth below, the Trustee shall execute
and the Certificate Registrar shall authenticate and deliver, in the name of the
designated
72
transferee or transferees, one or more new Certificates of a like Class (or
Subclass) and aggregate Percentage Interest.
(c) At the option of the Certificateholders, Certificates may be
exchanged for other Certificates of authorized denominations of a like Class (or
Subclass) and aggregate Percentage Interest, upon surrender of the Certificates
to be exchanged at any such office or agency. Whenever any Certificates are so
surrendered for exchange the Trustee shall execute and the Certificate Registrar
shall authenticate and deliver the Certificates of such Class which the
Certificateholder making the exchange is entitled to receive. Every Certificate
presented or surrendered for transfer or exchange shall (if so required by the
Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by
a written instrument of transfer in form satisfactory to the Trustee and the
Certificate Registrar duly executed by, the Holder thereof or his attorney duly
authorized in writing.
(d) No transfer, sale, pledge or other disposition of a Class B
Certificate shall be made unless such transfer, sale, pledge or other
disposition is exempt from the registration requirements of the Securities Act
of 1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that a transfer of a Class B
Certificate is to be made either (i)(A) the Trustee shall require a written
Opinion of Counsel acceptable to and in form and substance satisfactory to the
Trustee and the Company that such transfer may be made pursuant to an exemption,
describing the applicable exemption and the basis therefor, from said Act and
laws or is being made pursuant to said Act and laws, which Opinion of Counsel
shall not be an expense of the Trustee, the Company or the Master Servicer
(except that, if such transfer is made by the Company or the Master Servicer or
any Affiliate thereof, the Company or the Master Servicer shall provide such
Opinion of Counsel at their own expense); provided that such Opinion of Counsel
will not be required in connection with the initial transfer of any such
Certificate by the Company or any Affiliate thereof to the Company or an
Affiliate of the Company and (B) the Trustee shall require the transferee to
execute a representation letter, substantially in the form of Exhibit H hereto,
and the Trustee shall require the transferor to execute a representation letter,
substantially in the form of Exhibit I hereto, each acceptable to and in form
and substance satisfactory to the Company and the Trustee certifying to the
Company and the Trustee the facts surrounding such transfer, which
representation letters shall not be an expense of the Trustee, the Company or
the Master Servicer; provided, however, that such representation letters will
not be required in connection with any transfer of any such Certificate by the
Company or any Affiliate thereof to the Company or an Affiliate of the Company,
and the Trustee shall be entitled to conclusively rely upon a representation
(which, upon the request of the Trustee, shall be a written representation) from
the Company, of the status of such transferee as an Affiliate of the Company or
(ii) the prospective transferee of such a Certificate shall be required to
provide the Trustee, the Company and the Master Servicer with an investment
letter substantially in the form of Exhibit J attached hereto (or such other
form as the Company in its sole discretion deems acceptable), which investment
letter shall not be an expense of the Trustee, the Company or the Master
Servicer, and which investment letter states that, among other things, such
transferee (A) is a "qualified institutional buyer" as defined under Rule 144A,
acting for its own account or the accounts of other "qualified institutional
buyers" as defined under Rule 144A, and (B) is aware that the proposed
transferor intends to rely on the exemption from registration requirements under
the Securities Act of 1933, as amended, provided by Rule 144A. The Holder of any
such Certificate desiring to effect any such transfer, sale, pledge or other
disposition shall, and does hereby agree to, indemnify the Trustee, the Company,
the Master Servicer and the
73
Certificate Registrar against any liability that may result if the transfer,
sale, pledge or other disposition is not so exempt or is not made in accordance
with such federal and state laws.
(e) (i) In the case of any Class B or Class R Certificate presented for
registration in the name of any Person, either (A) the Trustee shall require an
Opinion of Counsel acceptable to and in form and substance satisfactory to the
Trustee, the Company and the Master Servicer to the effect that the purchase or
holding of such Class B or Class R Certificate is permissible under applicable
law, will not constitute or result in any non-exempt prohibited transaction
under Section 406 of the Employee Retirement Income Security Act of 1974, as
amended ("ERISA"), or Section 4975 of the Code (or comparable provisions of any
subsequent enactments), and will not subject the Trustee, the Company or the
Master Servicer to any obligation or liability (including obligations or
liabilities under ERISA or Section 4975 of the Code) in addition to those
undertaken in this Agreement, which Opinion of Counsel shall not be an expense
of the Trustee, the Company or the Master Servicer or (B) the prospective
Transferee shall be required to provide the Trustee, the Company and the Master
Servicer with a certification to the effect set forth in paragraph six of
Exhibit H (with respect to any Class B Certificate) or paragraph fifteen of
Exhibit G-1 (with respect to any Class R Certificate), which the Trustee may
rely upon without further inquiry or investigation, or such other certifications
as the Trustee may deem desirable or necessary in order to establish that such
Transferee or the Person in whose name such registration is requested either (a)
is not an employee benefit plan or other plan subject to the prohibited
transaction provisions of ERISA or Section 4975 of the Code, or any Person
(including an investment manager, a named fiduciary or a trustee of any such
plan) who is using "plan assets" of any such plan to effect such acquisition
(each, a "Plan Investor") or (b) in the case of any Class B Certificate, the
following conditions are satisfied: (i) such Transferee is an insurance company,
(ii) the source of funds used to purchase or hold such Certificate (or interest
therein) is an "insurance company general account" (as defined in U.S.
Department of Labor Prohibited Transaction Class Exemption ("PTCE") 95-60, and
(iii) the conditions set forth in Sections I and III of PTCE 95-60 have been
satisfied (each entity that satisfies this clause (b), a "Complying Insurance
Company").
(ii) Any Transferee of a Class M Certificate will be
deemed to have represented by virtue of its purchase or holding
of such Certificate (or interest therein) that either (a) such
Transferee is not a Plan Investor, (b) it has acquired and is
holding such Certificate in reliance on Prohibited Transaction
Exemption ("PTE") 94-29, 59 Fed. Reg. 14674 (March 29, 1994), as
amended by PTE 97-34, 62 Fed. Reg. 39021 (July 21, 1997), and PTE
2000-58, 65 Fed. Reg. 67765 (November 13, 2000), and PTE 2002-41,
67 Fed. Reg. 54487 (August 22, 2002) (the "RFC Exemption"), and
that it understands that there are certain conditions to the
availability of the RFC Exemption including that such Certificate
must be rated, at the time of purchase, not lower than "BBB-" (or
its equivalent) by Standard & Poor's, Fitch or Xxxxx'x or (c)
such Transferee is a Complying Insurance Company.
(iii) (A) If any Class M Certificate (or any interest
therein) is acquired or held by any Person that does not satisfy
the conditions described in paragraph (ii) above, then the last
preceding Transferee that either (i) is not a Plan Investor, (ii)
acquired such Certificate in compliance with the RFC Exemption,
or (iii) is a Complying Insurance Company shall be restored, to
the extent permitted by law, to
74
all rights and obligations as Certificate Owner thereof
retroactive to the date of such Transfer of such Class M
Certificate. The Trustee shall be under no liability to any
Person for making any payments due on such Certificate to such
preceding Transferee.
(B) Any purported Certificate Owner whose
acquisition or holding of any Class M Certificate (or
interest therein) was effected in violation of the
restrictions in this Section 5.02(e) shall indemnify and
hold harmless the Company, the Trustee, the Master
Servicer, any Subservicer, each Underwriter and the Trust
Fund from and against any and all liabilities, claims,
costs or expenses incurred by such parties as a result of
such acquisition or holding.
(f) (i) Each Person who has or who acquires any Ownership Interest in a
Class R Certificate shall be deemed by the acceptance or acquisition of such
Ownership Interest to have agreed to be bound by the following provisions and to
have irrevocably authorized the Trustee or its designee under clause (iii)(A)
below to deliver payments to a Person other than such Person and to negotiate
the terms of any mandatory sale under clause (iii)(B) below and to execute all
instruments of transfer and to do all other things necessary in connection with
any such sale. The rights of each Person acquiring any Ownership Interest in a
Class R Certificate are expressly subject to the following provisions:
(A) Each Person holding or acquiring any Ownership
Interest in a Class R Certificate shall be a Permitted
Transferee and shall promptly notify the Trustee of any
change or impending change in its status as a Permitted
Transferee.
(B) In connection with any proposed Transfer of any
Ownership Interest in a Class R Certificate, the Trustee
shall require delivery to it, and shall not register the
Transfer of any Class R Certificate until its receipt of,
(I) an affidavit and agreement (a "Transfer Affidavit and
Agreement," in the form attached hereto as Exhibit G-1)
from the proposed Transferee, in form and substance
satisfactory to the Master Servicer, representing and
warranting, among other things, that it is a Permitted
Transferee, that it is not acquiring its Ownership
Interest in the Class R Certificate that is the subject of
the proposed Transfer as a nominee, trustee or agent for
any Person who is not a Permitted Transferee, that for so
long as it retains its Ownership Interest in a Class R
Certificate, it will endeavor to remain a Permitted
Transferee, and that it has reviewed the provisions of
this Section 5.02(f) and agrees to be bound by them, and
(II) a certificate, in the form attached hereto as Exhibit
G-2, from the Holder wishing to transfer the Class R
Certificate, in form and substance satisfactory to the
Master Servicer, representing and warranting, among other
things, that no purpose of the proposed Transfer is to
impede the assessment or collection of tax.
75
(C) Notwithstanding the delivery of a Transfer
Affidavit and Agreement by a proposed Transferee under
clause (B) above, if a Responsible Officer of the Trustee
who is assigned to this Agreement has actual knowledge
that the proposed Transferee is not a Permitted
Transferee, no Transfer of an Ownership Interest in a
Class R Certificate to such proposed Transferee shall be
effected.
(D) Each Person holding or acquiring any Ownership
Interest in a Class R Certificate shall agree (x) to
require a Transfer Affidavit and Agreement from any other
Person to whom such Person attempts to transfer its
Ownership Interest in a Class R Certificate and (y) not to
transfer its Ownership Interest unless it provides a
certificate to the Trustee in the form attached hereto as
Exhibit G-2.
(E) Each Person holding or acquiring an Ownership
Interest in a Class R Certificate, by purchasing an
Ownership Interest in such Certificate, agrees to give the
Trustee written notice that it is a "pass-through interest
holder" within the meaning of Temporary Treasury
Regulations Section 1.67-3T(a)(2)(i)(A) immediately upon
acquiring an Ownership Interest in a Class R Certificate,
if it is, or is holding an Ownership Interest in a Class R
Certificate on behalf of, a "pass-through interest
holder."
(ii) The Trustee will register the Transfer of any Class R
Certificate only if it shall have received the Transfer Affidavit
and Agreement, a certificate of the Holder requesting such
transfer in the form attached hereto as Exhibit G-2 and all of
such other documents as shall have been reasonably required by
the Trustee as a condition to such registration. Transfers of the
Class R Certificates to Non-United States Persons and
Disqualified Organizations (as defined in Section 860E(e)(5) of
the Code) are prohibited.
(iii) (A) If any Disqualified Organization shall become a
holder of a Class R Certificate, then the last preceding
Permitted Transferee shall be restored, to the extent permitted
by law, to all rights and obligations as Holder thereof
retroactive to the date of registration of such Transfer of such
Class R Certificate. If a Non-United States Person shall become a
holder of a Class R Certificate, then the last preceding United
States Person shall be restored, to the extent permitted by law,
to all rights and obligations as Holder thereof retroactive to
the date of registration of such Transfer of such Class R
Certificate. If a transfer of a Class R Certificate is
disregarded pursuant to the provisions of Treasury Regulations
Section 1.860E-1 or Section 1.860G-3, then the last preceding
Permitted Transferee shall be restored, to the extent permitted
by law, to all rights and obligations as Holder thereof
retroactive to the date of registration of such Transfer of such
Class R Certificate. The Trustee shall be under no liability to
any Person for any registration of Transfer of a Class R
Certificate that is in fact not permitted by this Section 5.02(f)
or for making any payments due on such Certificate to the holder
thereof or for taking any other action with respect to such
holder under the provisions of this Agreement.
76
(B) If any purported Transferee shall become a
Holder of a Class R Certificate in violation of the
restrictions in this Section 5.02(f) and to the extent
that the retroactive restoration of the rights of the
Holder of such Class R Certificate as described in clause
(iii)(A) above shall be invalid, illegal or unenforceable,
then the Master Servicer shall have the right, without
notice to the holder or any prior holder of such Class R
Certificate, to sell such Class R Certificate to a
purchaser selected by the Master Servicer on such terms as
the Master Servicer may choose. Such purported Transferee
shall promptly endorse and deliver each Class R
Certificate in accordance with the instructions of the
Master Servicer. Such purchaser may be the Master Servicer
itself or any Affiliate of the Master Servicer. The
proceeds of such sale, net of the commissions (which may
include commissions payable to the Master Servicer or its
Affiliates), expenses and taxes due, if any, will be
remitted by the Master Servicer to such purported
Transferee. The terms and conditions of any sale under
this clause (iii)(B) shall be determined in the sole
discretion of the Master Servicer, and the Master Servicer
shall not be liable to any Person having an Ownership
Interest in a Class R Certificate as a result of its
exercise of such discretion.
(iv) The Master Servicer, on behalf of the Trustee, shall
make available, upon written request from the Trustee, all
information necessary to compute any tax imposed (A) as a result
of the Transfer of an Ownership Interest in a Class R Certificate
to any Person who is a Disqualified Organization, including the
information regarding "excess inclusions" of such Class R
Certificates required to be provided to the Internal Revenue
Service and certain Persons as described in Treasury Regulations
Sections 1.860D-1(b)(5) and 1.860E-2(a)(5), and (B) as a result
of any regulated investment company, real estate investment
trust, common trust fund, partnership, trust, estate or
organization described in Section 1381 of the Code that holds an
Ownership Interest in a Class R Certificate having as among its
record holders at any time any Person who is a Disqualified
Organization. Reasonable compensation for providing such
information may be required by the Master Servicer from such
Person.
(v) The provisions of this Section 5.02(f) set forth prior
to this clause (v) may be modified, added to or eliminated,
provided that there shall have been delivered to the Trustee the
following:
(A) written notification from each Rating Agency to
the effect that the modification, addition to or
elimination of such provisions will not cause such Rating
Agency to downgrade its then-current ratings, if any, of
any Class of the Senior, Class M or Class B Certificates
below the lower of the then-current rating or the rating
assigned to such Certificates as of the Closing Date by
such Rating Agency; and
77
(B) subject to Section 10.01(f), an Officers'
Certificate of the Master Servicer stating that the Master
Servicer has received an Opinion of Counsel, in form and
substance satisfactory to the Master Servicer, to the
effect that such modification, addition to or absence of
such provisions will not cause any portion of any REMIC
formed under the Series Supplement to cease to qualify as
a REMIC and will not cause (x) any portion of any REMIC
formed under the Series Supplement to be subject to an
entity-level tax caused by the Transfer of any Class R
Certificate to a Person that is a Disqualified
Organization or (y) a Certificateholder or another Person
to be subject to a REMIC-related tax caused by the
Transfer of a Class R Certificate to a Person that is not
a Permitted Transferee.
(g) No service charge shall be made for any transfer or exchange of
Certificates of any Class, but the Trustee may require payment of a sum
sufficient to cover any tax or governmental charge that may be imposed in
connection with any transfer or exchange of Certificates.
(h) All Certificates surrendered for transfer and exchange shall be
destroyed by the Certificate Registrar.
Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.
If (i) any mutilated Certificate is surrendered to the Certificate
Registrar, or the Trustee and the Certificate Registrar receive evidence to
their satisfaction of the destruction, loss or theft of any Certificate, and
(ii) there is delivered to the Trustee and the Certificate Registrar such
security or indemnity as may be required by them to save each of them harmless,
then, in the absence of notice to the Trustee or the Certificate Registrar that
such Certificate has been acquired by a bona fide purchaser, the Trustee shall
execute and the Certificate Registrar shall authenticate and deliver, in
exchange for or in lieu of any such mutilated, destroyed, lost or stolen
Certificate, a new Certificate of like tenor, Class and Percentage Interest but
bearing a number not contemporaneously outstanding. Upon the issuance of any new
Certificate under this Section, the Trustee may require the payment of a sum
sufficient to cover any tax or other governmental charge that may be imposed in
relation thereto and any other expenses (including the fees and expenses of the
Trustee and the Certificate Registrar) connected therewith. Any duplicate
Certificate issued pursuant to this Section shall constitute complete and
indefeasible evidence of ownership in the Trust Fund, as if originally issued,
whether or not the lost, stolen or destroyed Certificate shall be found at any
time.
Section 5.04 Persons Deemed Owners.
Prior to due presentation of a Certificate for registration of transfer,
the Company, the Master Servicer, the Trustee, any Certificate Insurer, the
Certificate Registrar and any agent of the Company, the Master Servicer, the
Trustee, any Certificate Insurer or the Certificate Registrar may treat the
Person in whose name any Certificate is registered as the owner of such
Certificate for the purpose of receiving distributions pursuant to Section 4.02
and for all other purposes whatsoever, except as and to the extent provided in
the definition of "Certificateholder," and neither the Company, the Master
Servicer, the Trustee, any Certificate Insurer, the Certificate Registrar nor
any agent of the
78
Company, the Master Servicer, the Trustee, any Certificate Insurer or the
Certificate Registrar shall be affected by notice to the contrary except as
provided in Section 5.02(f).
Section 5.05 Appointment of Paying Agent.
The Trustee may appoint a Paying Agent for the purpose of making
distributions to the Certificateholders pursuant to Section 4.02. In the event
of any such appointment, on or prior to each Distribution Date the Master
Servicer on behalf of the Trustee shall deposit or cause to be deposited with
the Paying Agent a sum sufficient to make the payments to the Certificateholders
in the amounts and in the manner provided for in Section 4.02, such sum to be
held in trust for the benefit of the Certificateholders.
The Trustee shall cause each Paying Agent to execute and deliver to the
Trustee an instrument in which such Paying Agent shall agree with the Trustee
that such Paying Agent will hold all sums held by it for the payment to the
Certificateholders in trust for the benefit of the Certificateholders entitled
thereto until such sums shall be paid to such Certificateholders. Any sums so
held by such Paying Agent shall be held only in Eligible Accounts to the extent
such sums are not distributed to the Certificateholders on the date of receipt
by such Paying Agent.
79
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
Section 6.01 Respective Liabilities of the Company and the Master
Servicer.
The Company and the Master Servicer shall each be liable in accordance
herewith only to the extent of the obligations specifically and respectively
imposed upon and undertaken by the Company and the Master Servicer herein. By
way of illustration and not limitation, the Company is not liable for the
servicing and administration of the Mortgage Loans, nor is it obligated by
Section 7.01 or Section 10.01 to assume any obligations of the Master Servicer
or to appoint a designee to assume such obligations, nor is it liable for any
other obligation hereunder that it may, but is not obligated to, assume unless
it elects to assume such obligation in accordance herewith.
Section 6.02 Merger or Consolidation of the Company or the Master
Servicer; Assignment of Rights and Delegation of Duties by
Master Servicer.
(a) The Company and the Master Servicer will each keep in full effect
its existence, rights and franchises as a corporation under the laws of the
state of its incorporation, and will each obtain and preserve its qualification
to do business as a foreign corporation in each jurisdiction in which such
qualification is or shall be necessary to protect the validity and
enforceability of this Agreement, the Certificates or any of the Mortgage Loans
and to perform its respective duties under this Agreement.
(b) Any Person into which the Company or the Master Servicer may be
merged or consolidated, or any corporation resulting from any merger or
consolidation to which the Company or the Master Servicer shall be a party, or
any Person succeeding to the business of the Company or the Master Servicer,
shall be the successor of the Company or the Master Servicer, as the case may
be, hereunder, without the execution or filing of any paper or any further act
on the part of any of the parties hereto, anything herein to the contrary
notwithstanding; provided, however, that the successor or surviving Person to
the Master Servicer shall be qualified to service mortgage loans on behalf of
Xxxxxx Xxx or Freddie Mac; and provided further that each Rating Agency's
ratings, if any, of the Senior, Class M or Class B Certificates in effect
immediately prior to such merger or consolidation will not be qualified, reduced
or withdrawn as a result thereof (as evidenced by a letter to such effect from
each Rating Agency).
(c) Notwithstanding anything else in this Section 6.02 and Section 6.04
to the contrary, the Master Servicer may assign its rights and delegate its
duties and obligations under this Agreement; provided that the Person accepting
such assignment or delegation shall be a Person which is qualified to service
mortgage loans on behalf of Xxxxxx Xxx or Freddie Mac, is reasonably
satisfactory to the Trustee and the Company, is willing to service the Mortgage
Loans and executes and delivers to the Company and the Trustee an agreement, in
form and substance reasonably satisfactory to the Company and the Trustee, which
contains an assumption by such Person of the due and punctual performance and
observance of each covenant and condition to be performed or observed by the
Master Servicer under this Agreement; provided further that each Rating Agency's
80
rating of the Classes of Certificates that have been rated in effect immediately
prior to such assignment and delegation will not be qualified, reduced or
withdrawn as a result of such assignment and delegation (as evidenced by a
letter to such effect from each Rating Agency). In the case of any such
assignment and delegation, the Master Servicer shall be released from its
obligations under this Agreement, except that the Master Servicer shall remain
liable for all liabilities and obligations incurred by it as Master Servicer
hereunder prior to the satisfaction of the conditions to such assignment and
delegation set forth in the next preceding sentence.
Section 6.03 Limitation on Liability of the Company, the Master Servicer
and Others.
Neither the Company, the Master Servicer nor any of the directors,
officers, employees or agents of the Company or the Master Servicer shall be
under any liability to the Trust Fund or the Certificateholders for any action
taken or for refraining from the taking of any action in good faith pursuant to
this Agreement, or for errors in judgment; provided, however, that this
provision shall not protect the Company, the Master Servicer or any such Person
against any breach of warranties or representations made herein or any liability
which would otherwise be imposed by reason of willful misfeasance, bad faith or
gross negligence in the performance of duties or by reason of reckless disregard
of obligations and duties hereunder. The Company, the Master Servicer and any
director, officer, employee or agent of the Company or the Master Servicer may
rely in good faith on any document of any kind prima facie properly executed and
submitted by any Person respecting any matters arising hereunder. The Company,
the Master Servicer and any director, officer, employee or agent of the Company
or the Master Servicer shall be indemnified by the Trust Fund and held harmless
against any loss, liability or expense incurred in connection with any legal
action relating to this Agreement or the Certificates, other than any loss,
liability or expense related to any specific Mortgage Loan or Mortgage Loans
(except as any such loss, liability or expense shall be otherwise reimbursable
pursuant to this Agreement) and any loss, liability or expense incurred by
reason of willful misfeasance, bad faith or gross negligence in the performance
of duties hereunder or by reason of reckless disregard of obligations and duties
hereunder.
Neither the Company nor the Master Servicer shall be under any
obligation to appear in, prosecute or defend any legal or administrative action,
proceeding, hearing or examination that is not incidental to its respective
duties under this Agreement and which in its opinion may involve it in any
expense or liability; provided, however, that the Company or the Master Servicer
may in its discretion undertake any such action, proceeding, hearing or
examination that it may deem necessary or desirable in respect to this Agreement
and the rights and duties of the parties hereto and the interests of the
Certificateholders hereunder. In such event, the legal expenses and costs of
such action, proceeding, hearing or examination and any liability resulting
therefrom shall be expenses, costs and liabilities of the Trust Fund, and the
Company and the Master Servicer shall be entitled to be reimbursed therefor out
of amounts attributable to the Mortgage Loans on deposit in the Custodial
Account as provided by Section 3.10 and, on the Distribution Date(s) following
such reimbursement, the aggregate of such expenses and costs shall be allocated
in reduction of the Accrued Certificate Interest on each Class entitled thereto
in the same manner as if such expenses and costs constituted a Prepayment
Interest Shortfall.
81
Section 6.04 Company and Master Servicer Not to Resign.
Subject to the provisions of Section 6.02, neither the Company nor the
Master Servicer shall resign from its respective obligations and duties hereby
imposed on it except upon determination that its duties hereunder are no longer
permissible under applicable law. Any such determination permitting the
resignation of the Company or the Master Servicer shall be evidenced by an
Opinion of Counsel to such effect delivered to the Trustee. No such resignation
by the Master Servicer shall become effective until the Trustee or a successor
servicer shall have assumed the Master Servicer's responsibilities and
obligations in accordance with Section 7.02.
ARTICLE VII
DEFAULT
Section 7.01 Events of Default.
Event of Default, wherever used herein, means any one of the following
events (whatever reason for such Event of Default and whether it shall be
voluntary or involuntary or be effected by operation of law or pursuant to any
judgment, decree or order of any court or any order, rule or regulation of any
administrative or governmental body):
(i) the Master Servicer shall fail to distribute or cause
to be distributed to the Holders of Certificates of any Class any
distribution required to be made under the terms of the
Certificates of such Class and this Agreement and, in either
case, such failure shall continue unremedied for a period of 5
days after the date upon which written notice of such failure,
requiring such failure to be remedied, shall have been given to
the Master Servicer by the Trustee or the Company or to the
Master Servicer, the Company and the Trustee by the Holders of
Certificates of such Class evidencing Percentage Interests
aggregating not less than 25%; or
(ii) the Master Servicer shall fail to observe or perform
in any material respect any other of the covenants or agreements
on the part of the Master Servicer contained in the Certificates
of any Class or in this Agreement and such failure shall continue
unremedied for a period of 30 days (except that such number of
days shall be 15 in the case of a failure to pay the premium for
any Required Insurance Policy) after the date on which written
notice of such failure, requiring the same to be remedied, shall
have been given to the Master Servicer by the Trustee or the
Company, or to the Master Servicer, the Company and the Trustee
by the Holders of Certificates of any Class evidencing, in the
case of any such Class, Percentage Interests aggregating not less
than 25%; or
(iii) a decree or order of a court or agency or
supervisory authority having jurisdiction in the premises in an
involuntary case under any present or future federal or state
bankruptcy, insolvency or similar law or appointing a conservator
or receiver or liquidator in any insolvency, readjustment of
debt, marshalling of assets and liabilities or similar
proceedings, or for the winding-up or liquidation of its affairs,
82
shall have been entered against the Master Servicer and such
decree or order shall have remained in force undischarged or
unstayed for a period of 60 days; or
(iv) the Master Servicer shall consent to the appointment
of a conservator or receiver or liquidator in any insolvency,
readjustment of debt, marshalling of assets and liabilities, or
similar proceedings of, or relating to, the Master Servicer or
of, or relating to, all or substantially all of the property of
the Master Servicer; or
(v) the Master Servicer shall admit in writing its
inability to pay its debts generally as they become due, file a
petition to take advantage of, or commence a voluntary case
under, any applicable insolvency or reorganization statute, make
an assignment for the benefit of its creditors, or voluntarily
suspend payment of its obligations; or
(vi) the Master Servicer shall notify the Trustee pursuant
to Section 4.04(b) that it is unable to deposit in the
Certificate Account an amount equal to the Advance.
If an Event of Default described in clauses (i)-(v) of this Section
shall occur, then, and in each and every such case, so long as such Event of
Default shall not have been remedied, either the Company or the Trustee may, and
at the direction of Holders of Certificates entitled to at least 51% of the
Voting Rights, the Trustee shall, by notice in writing to the Master Servicer
(and to the Company if given by the Trustee or to the Trustee if given by the
Company), terminate all of the rights and obligations of the Master Servicer
under this Agreement and in and to the Mortgage Loans and the proceeds thereof,
other than its rights as a Certificateholder hereunder. If an Event of Default
described in clause (vi) hereof shall occur, the Trustee shall, by notice to the
Master Servicer and the Company, immediately terminate all of the rights and
obligations of the Master Servicer under this Agreement and in and to the
Mortgage Loans and the proceeds thereof, other than its rights as a
Certificateholder hereunder as provided in Section 4.04(b). On or after the
receipt by the Master Servicer of such written notice, all authority and power
of the Master Servicer under this Agreement, whether with respect to the
Certificates (other than as a Holder thereof) or the Mortgage Loans or
otherwise, shall subject to Section 7.02 pass to and be vested in the Trustee or
the Trustee's designee appointed pursuant to Section 7.02; and, without
limitation, the Trustee is hereby authorized and empowered to execute and
deliver, on behalf of the Master Servicer, as attorney-in-fact or otherwise, any
and all documents and other instruments, and to do or accomplish all other acts
or things necessary or appropriate to effect the purposes of such notice of
termination, whether to complete the transfer and endorsement or assignment of
the Mortgage Loans and related documents, or otherwise. The Master Servicer
agrees to cooperate with the Trustee in effecting the termination of the Master
Servicer's responsibilities and rights hereunder, including, without limitation,
the transfer to the Trustee or its designee for administration by it of all cash
amounts which shall at the time be credited to the Custodial Account or the
Certificate Account or thereafter be received with respect to the Mortgage
Loans. No such termination shall release the Master Servicer for any liability
that it would otherwise have hereunder for any act or omission prior to the
effective time of such termination.
83
Notwithstanding any termination of the activities of Residential Funding
in its capacity as Master Servicer hereunder, Residential Funding shall be
entitled to receive, out of any late collection of a Monthly Payment on a
Mortgage Loan which was due prior to the notice terminating Residential
Funding's rights and obligations as Master Servicer hereunder and received after
such notice, that portion to which Residential Funding would have been entitled
pursuant to Sections 3.10(a)(ii), (vi) and (vii) as well as its Servicing Fee in
respect thereof, and any other amounts payable to Residential Funding hereunder
the entitlement to which arose prior to the termination of its activities
hereunder. Upon the termination of Residential Funding as Master Servicer
hereunder the Company shall deliver to the Trustee a copy of the Program Guide.
Section 7.02 Trustee or Company to Act; Appointment of Successor.
(a) On and after the time the Master Servicer receives a notice of
termination pursuant to Section 7.01 or resigns in accordance with Section 6.04,
the Trustee or, upon notice to the Company and with the Company's consent (which
shall not be unreasonably withheld) a designee (which meets the standards set
forth below) of the Trustee, shall be the successor in all respects to the
Master Servicer in its capacity as servicer under this Agreement and the
transactions set forth or provided for herein and shall be subject to all the
responsibilities, duties and liabilities relating thereto placed on the Master
Servicer (except for the responsibilities, duties and liabilities contained in
Sections 2.02 and 2.03(a), excluding the duty to notify related Subservicers or
Sellers as set forth in such Sections, and its obligations to deposit amounts in
respect of losses incurred prior to such notice or termination on the investment
of funds in the Custodial Account or the Certificate Account pursuant to
Sections 3.07(c) and 4.01(b) by the terms and provisions hereof); provided,
however, that any failure to perform such duties or responsibilities caused by
the preceding Master Servicer's failure to provide information required by
Section 4.04 shall not be considered a default by the Trustee hereunder. As
compensation therefor, the Trustee shall be entitled to all funds relating to
the Mortgage Loans which the Master Servicer would have been entitled to charge
to the Custodial Account or the Certificate Account if the Master Servicer had
continued to act hereunder and, in addition, shall be entitled to the income
from any Permitted Investments made with amounts attributable to the Mortgage
Loans held in the Custodial Account or the Certificate Account. If the Trustee
has become the successor to the Master Servicer in accordance with Section 6.04
or Section 7.01, then notwithstanding the above, the Trustee may, if it shall be
unwilling to so act, or shall, if it is unable to so act, appoint, or petition a
court of competent jurisdiction to appoint, any established housing and home
finance institution, which is also a Xxxxxx Xxx- or Freddie Mac-approved
mortgage servicing institution, having a net worth of not less than $10,000,000
as the successor to the Master Servicer hereunder in the assumption of all or
any part of the responsibilities, duties or liabilities of the Master Servicer
hereunder. Pending appointment of a successor to the Master Servicer hereunder,
the Trustee shall become successor to the Master Servicer and shall act in such
capacity as hereinabove provided. In connection with such appointment and
assumption, the Trustee may make such arrangements for the compensation of such
successor out of payments on Mortgage Loans as it and such successor shall
agree; provided, however, that no such compensation shall be in excess of that
permitted the initial Master Servicer hereunder. The Company, the Trustee, the
Custodian and such successor shall take such action, consistent with this
Agreement, as shall be necessary to effectuate any such succession. The
Servicing Fee for any successor Master Servicer appointed pursuant to this
Section 7.02 will be lowered with respect to those Mortgage Loans, if any, where
the Subservicing Fee accrues at a rate of less than 0.20% per annum in the event
that the
84
successor Master Servicer is not servicing such Mortgage Loans directly and it
is necessary to raise the related Subservicing Fee to a rate of 0.20% per annum
in order to hire a Subservicer with respect to such Mortgage Loans.
(b) In connection with the termination or resignation of the Master
Servicer hereunder, either (i) the successor Master Servicer, including the
Trustee if the Trustee is acting as successor Master Servicer, shall represent
and warrant that it is a member of MERS in good standing and shall agree to
comply in all material respects with the rules and procedures of MERS in
connection with the servicing of the Mortgage Loans that are registered with
MERS, in which case the predecessor Master Servicer shall cooperate with the
successor Master Servicer in causing MERS to revise its records to reflect the
transfer of servicing to the successor Master Servicer as necessary under MERS'
rules and regulations, or (ii) the predecessor Master Servicer shall cooperate
with the successor Master Servicer in causing MERS to execute and deliver an
assignment of Mortgage in recordable form to transfer the Mortgage from MERS to
the Trustee and to execute and deliver such other notices, documents and other
instruments as may be necessary or desirable to effect a transfer of such
Mortgage Loan or servicing of such Mortgage Loan on the MERS(R) System to the
successor Master Servicer. The predecessor Master Servicer shall file or cause
to be filed any such assignment in the appropriate recording office. The
predecessor Master Servicer shall bear any and all fees of MERS, costs of
preparing any assignments of Mortgage, and fees and costs of filing any
assignments of Mortgage that may be required under this subsection (b). The
successor Master Servicer shall cause such assignment to be delivered to the
Trustee or the Custodian promptly upon receipt of the original with evidence of
recording thereon or a copy certified by the public recording office in which
such assignment was recorded.
Section 7.03 Notification to Certificateholders.
(a) Upon any such termination or appointment of a successor to the
Master Servicer, the Trustee shall give prompt written notice thereof to the
Certificateholders at their respective addresses appearing in the Certificate
Register.
(b) Within 60 days after the occurrence of any Event of Default, the
Trustee shall transmit by mail to all Holders of Certificates notice of each
such Event of Default hereunder known to the Trustee, unless such Event of
Default shall have been cured or waived.
Section 7.04 Waiver of Events of Default.
The Holders representing at least 66% of the Voting Rights affected by a
default or Event of Default hereunder may waive such default or Event of
Default; provided, however, that (a) a default or Event of Default under clause
(i) of Section 7.01 may be waived only by all of the Holders of Certificates
affected by such default or Event of Default and (b) no waiver pursuant to this
Section 7.04 shall affect the Holders of Certificates in the manner set forth in
Section 11.01(b)(i) or (ii). Upon any such waiver of a default or Event of
Default by the Holders representing the requisite percentage of Voting Rights
affected by such default or Event of Default, such default or Event of Default
shall cease to exist and shall be deemed to have been remedied for every purpose
hereunder. No such waiver shall extend to any subsequent or other default or
Event of Default or impair any right consequent thereon except to the extent
expressly so waived.
85
ARTICLE VIII
CONCERNING THE TRUSTEE
Section 8.01 Duties of Trustee.
(a) The Trustee, prior to the occurrence of an Event of Default and
after the curing or waiver of all Events of Default which may have occurred,
undertakes to perform such duties and only such duties as are specifically set
forth in this Agreement. In case an Event of Default has occurred (which has not
been cured or waived), the Trustee shall exercise such of the rights and powers
vested in it by this Agreement, and use the same degree of care and skill in
their exercise as a prudent investor would exercise or use under the
circumstances in the conduct of such investor's own affairs.
(b) The Trustee, upon receipt of all resolutions, certificates,
statements, opinions, reports, documents, orders or other instruments furnished
to the Trustee which are specifically required to be furnished pursuant to any
provision of this Agreement, shall examine them to determine whether they
conform to the requirements of this Agreement. The Trustee shall notify the
Certificateholders of any such documents which do not materially conform to the
requirements of this Agreement in the event that the Trustee, after so
requesting, does not receive satisfactorily corrected documents.
The Trustee shall forward or cause to be forwarded in a timely fashion
the notices, reports and statements required to be forwarded by the Trustee
pursuant to Sections 4.03, 4.06, 7.03 and 10.01. The Trustee shall furnish in a
timely fashion to the Master Servicer such information as the Master Servicer
may reasonably request from time to time for the Master Servicer to fulfill its
duties as set forth in this Agreement. The Trustee covenants and agrees that it
shall perform its obligations hereunder in a manner so as to maintain the status
of any portion of any REMIC formed under the Series Supplement as a REMIC under
the REMIC Provisions and (subject to Section 10.01(f)) to prevent the imposition
of any federal, state or local income, prohibited transaction, contribution or
other tax on the Trust Fund to the extent that maintaining such status and
avoiding such taxes are reasonably within the control of the Trustee and are
reasonably within the scope of its duties under this Agreement.
(c) No provision of this Agreement shall be construed to relieve the
Trustee from liability for its own negligent action, its own negligent failure
to act or its own willful misconduct; provided, however, that:
(i) Prior to the occurrence of an Event of Default, and
after the curing or waiver of all such Events of Default which
may have occurred, the duties and obligations of the Trustee
shall be determined solely by the express provisions of this
Agreement, the Trustee shall not be liable except for the
performance of such duties and obligations as are specifically
set forth in this Agreement, no implied covenants or obligations
shall be read into this Agreement against the Trustee and, in the
absence of bad faith on the part of the Trustee, the Trustee may
conclusively rely, as to the truth of the statements and the
correctness of the opinions expressed therein, upon any
certificates or opinions furnished to the Trustee by the Company
or the
86
Master Servicer and which on their face, do not contradict the
requirements of this Agreement;
(ii) The Trustee shall not be personally liable for an
error of judgment made in good faith by a Responsible Officer or
Responsible Officers of the Trustee, unless it shall be proved
that the Trustee was negligent in ascertaining the pertinent
facts;
(iii) The Trustee shall not be personally liable with
respect to any action taken, suffered or omitted to be taken by
it in good faith in accordance with the direction of
Certificateholders of any Class holding Certificates which
evidence, as to such Class, Percentage Interests aggregating not
less than 25% as to the time, method and place of conducting any
proceeding for any remedy available to the Trustee, or exercising
any trust or power conferred upon the Trustee, under this
Agreement;
(iv) The Trustee shall not be charged with knowledge of
any default (other than a default in payment to the Trustee)
specified in clauses (i) and (ii) of Section 7.01 or an Event of
Default under clauses (iii), (iv) and (v) of Section 7.01 unless
a Responsible Officer of the Trustee assigned to and working in
the Corporate Trust Office obtains actual knowledge of such
failure or event or the Trustee receives written notice of such
failure or event at its Corporate Trust Office from the Master
Servicer, the Company or any Certificateholder; and
(v) Except to the extent provided in Section 7.02, no
provision in this Agreement shall require the Trustee to expend
or risk its own funds (including, without limitation, the making
of any Advance) or otherwise incur any personal financial
liability in the performance of any of its duties as Trustee
hereunder, or in the exercise of any of its rights or powers, if
the Trustee shall have reasonable grounds for believing that
repayment of funds or adequate indemnity against such risk or
liability is not reasonably assured to it.
(d) The Trustee shall timely pay, from its own funds, the amount of any
and all federal, state and local taxes imposed on the Trust Fund or its assets
or transactions including, without limitation, (A) "prohibited transaction"
penalty taxes as defined in Section 860F of the Code, if, when and as the same
shall be due and payable, (B) any tax on contributions to a REMIC after the
Closing Date imposed by Section 860G(d) of the Code and (C) any tax on "net
income from foreclosure property" as defined in Section 860G(c) of the Code, but
only if such taxes arise out of a breach by the Trustee of its obligations
hereunder, which breach constitutes negligence or willful misconduct of the
Trustee.
Section 8.02 Certain Matters Affecting the Trustee.
(a) Except as otherwise provided in Section 8.01:
87
(i) The Trustee may rely and shall be protected in acting
or refraining from acting upon any resolution, Officers'
Certificate, certificate of auditors or any other certificate,
statement, instrument, opinion, report, notice, request, consent,
order, appraisal, bond or other paper or document believed by it
to be genuine and to have been signed or presented by the proper
party or parties;
(ii) The Trustee may consult with counsel and any Opinion
of Counsel shall be full and complete authorization and
protection in respect of any action taken or suffered or omitted
by it hereunder in good faith and in accordance with such Opinion
of Counsel;
(iii) The Trustee shall be under no obligation to exercise
any of the trusts or powers vested in it by this Agreement or to
institute, conduct or defend any litigation hereunder or in
relation hereto at the request, order or direction of any of the
Certificateholders, pursuant to the provisions of this Agreement,
unless such Certificateholders shall have offered to the Trustee
reasonable security or indemnity against the costs, expenses and
liabilities which may be incurred therein or thereby; nothing
contained herein shall, however, relieve the Trustee of the
obligation, upon the occurrence of an Event of Default (which has
not been cured or waived), to exercise such of the rights and
powers vested in it by this Agreement, and to use the same degree
of care and skill in their exercise as a prudent investor would
exercise or use under the circumstances in the conduct of such
investor's own affairs;
(iv) The Trustee shall not be personally liable for any
action taken, suffered or omitted by it in good faith and
believed by it to be authorized or within the discretion or
rights or powers conferred upon it by this Agreement;
(v) Prior to the occurrence of an Event of Default
hereunder and after the curing or waiver of all Events of Default
which may have occurred, the Trustee shall not be bound to make
any investigation into the facts or matters stated in any
resolution, certificate, statement, instrument, opinion, report,
notice, request, consent, order, approval, bond or other paper or
document, unless requested in writing so to do by Holders of
Certificates of any Class evidencing, as to such Class,
Percentage Interests, aggregating not less than 50%; provided,
however, that if the payment within a reasonable time to the
Trustee of the costs, expenses or liabilities likely to be
incurred by it in the making of such investigation is, in the
opinion of the Trustee, not reasonably assured to the Trustee by
the security afforded to it by the terms of this Agreement, the
Trustee may require reasonable indemnity against such expense or
liability as a condition to so proceeding. The reasonable expense
of every such examination shall be paid by the Master Servicer,
if an Event of Default shall have occurred and is continuing, and
otherwise by the Certificateholder requesting the investigation;
(vi) The Trustee may execute any of the trusts or powers
hereunder or perform any duties hereunder either directly or by
or through agents or attorneys; and
88
(vii) To the extent authorized under the Code and the
regulations promulgated thereunder, each Holder of a Class R
Certificate hereby irrevocably appoints and authorizes the
Trustee to be its attorney-in-fact for purposes of signing any
Tax Returns required to be filed on behalf of the Trust Fund. The
Trustee shall sign on behalf of the Trust Fund and deliver to the
Master Servicer in a timely manner any Tax Returns prepared by or
on behalf of the Master Servicer that the Trustee is required to
sign as determined by the Master Servicer pursuant to applicable
federal, state or local tax laws, provided that the Master
Servicer shall indemnify the Trustee for signing any such Tax
Returns that contain errors or omissions.
(b) Following the issuance of the Certificates, the Trustee shall not
accept any contribution of assets to the Trust Fund unless (subject to Section
10.01(f)) it shall have obtained or been furnished with an Opinion of Counsel to
the effect that such contribution will not (i) cause any portion of any REMIC
formed under the Series Supplement to fail to qualify as a REMIC at any time
that any Certificates are outstanding or (ii) cause the Trust Fund to be subject
to any federal tax as a result of such contribution (including the imposition of
any federal tax on "prohibited transactions" imposed under Section 860F(a) of
the Code).
Section 8.03 Trustee Not Liable for Certificates or Mortgage Loans.
The recitals contained herein and in the Certificates (other than the
execution of the Certificates and relating to the acceptance and receipt of the
Mortgage Loans) shall be taken as the statements of the Company or the Master
Servicer as the case may be, and the Trustee assumes no responsibility for their
correctness. The Trustee makes no representations as to the validity or
sufficiency of this Agreement or of the Certificates (except that the
Certificates shall be duly and validly executed and authenticated by it as
Certificate Registrar) or of any Mortgage Loan or related document, or of MERS
or the MERS(R) System. Except as otherwise provided herein, the Trustee shall
not be accountable for the use or application by the Company or the Master
Servicer of any of the Certificates or of the proceeds of such Certificates, or
for the use or application of any funds paid to the Company or the Master
Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the
Custodial Account or the Certificate Account by the Company or the Master
Servicer.
Section 8.04 Trustee May Own Certificates.
The Trustee in its individual or any other capacity may become the owner
or pledgee of Certificates with the same rights it would have if it were not
Trustee.
Section 8.05 Master Servicer to Pay Trustee's Fees and Expenses;
Indemnification.
(a) The Master Servicer covenants and agrees to pay to the Trustee and
any co-trustee from time to time, and the Trustee and any co-trustee shall be
entitled to, reasonable compensation (which shall not be limited by any
provision of law in regard to the compensation of a trustee of an express trust)
for all services rendered by each of them in the execution of the trusts hereby
created and in the exercise and performance of any of the powers and duties
hereunder of the Trustee and
89
any co-trustee, and the Master Servicer will pay or reimburse the Trustee and
any co-trustee upon request for all reasonable expenses, disbursements and
advances incurred or made by the Trustee or any co-trustee in accordance with
any of the provisions of this Agreement (including the reasonable compensation
and the expenses and disbursements of its counsel and of all persons not
regularly in its employ, and the expenses incurred by the Trustee or any
co-trustee in connection with the appointment of an office or agency pursuant to
Section 8.12) except any such expense, disbursement or advance as may arise from
its negligence or bad faith.
(b) The Master Servicer agrees to indemnify the Trustee for, and to hold
the Trustee harmless against, any loss, liability or expense incurred without
negligence or willful misconduct on the Trustee's part, arising out of, or in
connection with, the acceptance and administration of the Trust Fund, including
the costs and expenses (including reasonable legal fees and expenses) of
defending itself against any claim in connection with the exercise or
performance of any of its powers or duties under this Agreement and the
Custodial Agreement, provided that:
(i) with respect to any such claim, the Trustee shall have
given the Master Servicer written notice thereof promptly after
the Trustee shall have actual knowledge thereof;
(ii) while maintaining control over its own defense, the
Trustee shall cooperate and consult fully with the Master
Servicer in preparing such defense; and
(iii) notwithstanding anything in this Agreement to the
contrary, the Master Servicer shall not be liable for settlement
of any claim by the Trustee entered into without the prior
consent of the Master Servicer which consent shall not be
unreasonably withheld.
No termination of this Agreement shall affect the obligations created by
this Section 8.05(b) of the Master Servicer to indemnify the Trustee under the
conditions and to the extent set forth herein.
Notwithstanding the foregoing, the indemnification provided by the
Master Servicer in this Section 8.05(b) shall not pertain to any loss, liability
or expense of the Trustee, including the costs and expenses of defending itself
against any claim, incurred in connection with any actions taken by the Trustee
at the direction of the Certificateholders pursuant to the terms of this
Agreement.
Section 8.06 Eligibility Requirements for Trustee.
The Trustee hereunder shall at all times be a corporation or a national
banking association having its principal office in a state and city acceptable
to the Company and organized and doing business under the laws of such state or
the United States of America, authorized under such laws to exercise corporate
trust powers, having a combined capital and surplus of at least $50,000,000 and
subject to supervision or examination by federal or state authority. If such
corporation or national banking association publishes reports of condition at
least annually, pursuant to law or to the requirements of the aforesaid
supervising or examining authority, then for the purposes of this Section the
combined capital and surplus of such corporation shall be deemed to be its
combined
90
capital and surplus as set forth in its most recent report of condition so
published. In case at any time the Trustee shall cease to be eligible in
accordance with the provisions of this Section, the Trustee shall resign
immediately in the manner and with the effect specified in Section 8.07.
Section 8.07 Resignation and Removal of the Trustee.
(a) The Trustee may at any time resign and be discharged from the trusts
hereby created by giving written notice thereof to the Company. Upon receiving
such notice of resignation, the Company shall promptly appoint a successor
trustee by written instrument, in duplicate, one copy of which instrument shall
be delivered to the resigning Trustee and one copy to the successor trustee. If
no successor trustee shall have been so appointed and have accepted appointment
within 30 days after the giving of such notice of resignation, the resigning
Trustee may petition any court of competent jurisdiction for the appointment of
a successor trustee.
(b) If at any time the Trustee shall cease to be eligible in accordance
with the provisions of Section 8.06 and shall fail to resign after written
request therefor by the Company, or if at any time the Trustee shall become
incapable of acting, or shall be adjudged bankrupt or insolvent, or a receiver
of the Trustee or of its property shall be appointed, or any public officer
shall take charge or control of the Trustee or of its property or affairs for
the purpose of rehabilitation, conservation or liquidation, then the Company may
remove the Trustee and appoint a successor trustee by written instrument, in
duplicate, one copy of which instrument shall be delivered to the Trustee so
removed and one copy to the successor trustee. In addition, in the event that
the Company determines that the Trustee has failed (i) to distribute or cause to
be distributed to the Certificateholders any amount required to be distributed
hereunder, if such amount is held by the Trustee or its Paying Agent (other than
the Master Servicer or the Company) for distribution or (ii) to otherwise
observe or perform in any material respect any of its covenants, agreements or
obligations hereunder, and such failure shall continue unremedied for a period
of 5 days (in respect of clause (i) above) or 30 days (in respect of clause (ii)
above) after the date on which written notice of such failure, requiring that
the same be remedied, shall have been given to the Trustee by the Company, then
the Company may remove the Trustee and appoint a successor trustee by written
instrument delivered as provided in the preceding sentence. In connection with
the appointment of a successor trustee pursuant to the preceding sentence, the
Company shall, on or before the date on which any such appointment becomes
effective, obtain from each Rating Agency written confirmation that the
appointment of any such successor trustee will not result in the reduction of
the ratings on any class of the Certificates below the lesser of the then
current or original ratings on such Certificates.
(c) The Holders of Certificates entitled to at least 51% of the Voting
Rights may at any time remove the Trustee and appoint a successor trustee by
written instrument or instruments, in triplicate, signed by such Holders or
their attorneys-in-fact duly authorized, one complete set of which instruments
shall be delivered to the Company, one complete set to the Trustee so removed
and one complete set to the successor so appointed.
(d) Any resignation or removal of the Trustee and appointment of a
successor trustee pursuant to any of the provisions of this Section shall become
effective upon acceptance of appointment by the successor trustee as provided in
Section 8.08.
91
Section 8.08 Successor Trustee.
(a) Any successor trustee appointed as provided in Section 8.07 shall
execute, acknowledge and deliver to the Company and to its predecessor trustee
an instrument accepting such appointment hereunder, and thereupon the
resignation or removal of the predecessor trustee shall become effective and
such successor trustee shall become effective and such successor trustee,
without any further act, deed or conveyance, shall become fully vested with all
the rights, powers, duties and obligations of its predecessor hereunder, with
the like effect as if originally named as trustee herein. The predecessor
trustee shall deliver to the successor trustee all Mortgage Files and related
documents and statements held by it hereunder (other than any Mortgage Files at
the time held by a Custodian, which shall become the agent of any successor
trustee hereunder), and the Company, the Master Servicer and the predecessor
trustee shall execute and deliver such instruments and do such other things as
may reasonably be required for more fully and certainly vesting and confirming
in the successor trustee all such rights, powers, duties and obligations.
(b) No successor trustee shall accept appointment as provided in this
Section unless at the time of such acceptance such successor trustee shall be
eligible under the provisions of Section 8.06.
(c) Upon acceptance of appointment by a successor trustee as provided in
this Section, the Company shall mail notice of the succession of such trustee
hereunder to all Holders of Certificates at their addresses as shown in the
Certificate Register. If the Company fails to mail such notice within 10 days
after acceptance of appointment by the successor trustee, the successor trustee
shall cause such notice to be mailed at the expense of the Company.
Section 8.09 Merger or Consolidation of Trustee.
Any corporation or national banking association into which the Trustee
may be merged or converted or with which it may be consolidated or any
corporation or national banking association resulting from any merger,
conversion or consolidation to which the Trustee shall be a party, or any
corporation or national banking association succeeding to the business of the
Trustee, shall be the successor of the Trustee hereunder, provided such
corporation or national banking association shall be eligible under the
provisions of Section 8.06, without the execution or filing of any paper or any
further act on the part of any of the parties hereto, anything herein to the
contrary notwithstanding. The Trustee shall mail notice of any such merger or
consolidation to the Certificateholders at their address as shown in the
Certificate Register.
Section 8.10 Appointment of Co-Trustee or Separate Trustee.
(a) Notwithstanding any other provisions hereof, at any time, for the
purpose of meeting any legal requirements of any jurisdiction in which any part
of the Trust Fund or property securing the same may at the time be located, the
Master Servicer and the Trustee acting jointly shall have the power and shall
execute and deliver all instruments to appoint one or more Persons approved by
the Trustee to act as co-trustee or co-trustees, jointly with the Trustee, or
separate trustee or separate trustees, of all or any part of the Trust Fund, and
to vest in such Person or Persons, in such capacity, such title to the Trust
Fund, or any part thereof, and, subject to the other provisions of this Section
92
8.10, such powers, duties, obligations, rights and trusts as the Master Servicer
and the Trustee may consider necessary or desirable. If the Master Servicer
shall not have joined in such appointment within 15 days after the receipt by it
of a request so to do, or in case an Event of Default shall have occurred and be
continuing, the Trustee alone shall have the power to make such appointment. No
co-trustee or separate trustee hereunder shall be required to meet the terms of
eligibility as a successor trustee under Section 8.06 hereunder and no notice to
Holders of Certificates of the appointment of co-trustee(s) or separate
trustee(s) shall be required under Section 8.08 hereof.
(b) In the case of any appointment of a co-trustee or separate trustee
pursuant to this Section 8.10 all rights, powers, duties and obligations
conferred or imposed upon the Trustee shall be conferred or imposed upon and
exercised or performed by the Trustee, and such separate trustee or co-trustee
jointly, except to the extent that under any law of any jurisdiction in which
any particular act or acts are to be performed (whether as Trustee hereunder or
as successor to the Master Servicer hereunder), the Trustee shall be incompetent
or unqualified to perform such act or acts, in which event such rights, powers,
duties and obligations (including the holding of title to the Trust Fund or any
portion thereof in any such jurisdiction) shall be exercised and performed by
such separate trustee or co-trustee at the direction of the Trustee.
(c) Any notice, request or other writing given to the Trustee shall be
deemed to have been given to each of the then separate trustees and co-trustees,
as effectively as if given to each of them. Every instrument appointing any
separate trustee or co-trustee shall refer to this Agreement and the conditions
of this Article VIII. Each separate trustee and co-trustee, upon its acceptance
of the trusts conferred, shall be vested with the estates or property specified
in its instrument of appointment, either jointly with the Trustee or separately,
as may be provided therein, subject to all the provisions of this Agreement,
specifically including every provision of this Agreement relating to the conduct
of, affecting the liability of, or affording protection to, the Trustee. Every
such instrument shall be filed with the Trustee.
(d) Any separate trustee or co-trustee may, at any time, constitute the
Trustee, its agent or attorney-in-fact, with full power and authority, to the
extent not prohibited by law, to do any lawful act under or in respect of this
Agreement on its behalf and in its name. If any separate trustee or co-trustee
shall die, become incapable of acting, resign or be removed, all of its estates,
properties, rights, remedies and trusts shall vest in and be exercised by the
Trustee, to the extent permitted by law, without the appointment of a new or
successor trustee.
Section 8.11 Appointment of Custodians.
The Trustee may, with the consent of the Master Servicer and the
Company, appoint one or more Custodians who are not Affiliates of the Company,
the Master Servicer or any Seller to hold all or a portion of the Mortgage Files
as agent for the Trustee, by entering into a Custodial Agreement. Subject to
Article VIII, the Trustee agrees to comply with the terms of each Custodial
Agreement and to enforce the terms and provisions thereof against the Custodian
for the benefit of the Certificateholders. Each Custodian shall be a depository
institution subject to supervision by federal or state authority, shall have a
combined capital and surplus of at least $15,000,000 and shall be qualified to
do business in the jurisdiction in which it holds any Mortgage File. Each
Custodial Agreement may be amended only as provided in Section 11.01. The
Trustee shall notify the
93
Certificateholders of the appointment of any Custodian (other than the Custodian
appointed as of the Closing Date) pursuant to this Section 8.11.
Section 8.12 Appointment of Office or Agency.
The Trustee will maintain an office or agency in the City of New York at
the address designated in Section 11.05 of the Series Supplement where
Certificates may be surrendered for registration of transfer or exchange. The
Trustee will maintain an office at the address stated in Section 11.05 of the
Series Supplement where notices and demands to or upon the Trustee in respect of
this Agreement may be served.
ARTICLE IX
TERMINATION OR OPTIONAL PURCHASE OF ALL CERTIFICATES
Section 9.01 Optional Purchase by the Master Servicer of All
Certificates; Termination Upon Purchase by the Master
Servicer or Liquidation of All Mortgage Loans.
(a) Subject to Section 9.02, the respective obligations and
responsibilities of the Company, the Master Servicer and the Trustee created
hereby in respect of the Certificates (other than the obligation of the Trustee
to make certain payments after the Final Distribution Date to Certificateholders
and the obligation of the Company to send certain notices as hereinafter set
forth) shall terminate upon the last action required to be taken by the Trustee
on the Final Distribution Date pursuant to this Article IX following the earlier
of:
(i) the later of the final payment or other liquidation
(or any Advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund or the disposition of all property
acquired upon foreclosure or deed in lieu of foreclosure of any
Mortgage Loan, or
(ii) the purchase by the Master Servicer of all Mortgage
Loans and all property acquired in respect of any Mortgage Loan
remaining in the Trust Fund at a price equal to 100% of the
unpaid principal balance of each Mortgage Loan or, if less than
such unpaid principal balance, the fair market value of the
related underlying property of such Mortgage Loan with respect to
Mortgage Loans as to which title has been acquired if such fair
market value is less than such unpaid principal balance (net of
any unreimbursed Advances attributable to principal) on the day
of repurchase plus accrued interest thereon at the Net Mortgage
Rate (or Modified Net Mortgage Rate in the case of any Modified
Mortgage Loan) to, but not including, the first day of the month
in which such repurchase price is distributed, provided, however,
that in no event shall the trust created hereby continue beyond
the expiration of 21 years from the death of the last survivor of
the descendants of Xxxxxx X. Xxxxxxx, the late ambassador of the
United States to the Court of St. Xxxxx, living on the date
hereof and provided further that the purchase price set forth
above shall be increased as is necessary, as determined by the
Master Servicer, to avoid disqualification of any portion of any
REMIC formed under the Series Supplement as a REMIC.
94
The right of the Master Servicer to purchase all the assets of the Trust
Fund pursuant to clause (ii) above is conditioned upon the Pool Stated Principal
Balance as of the Final Distribution Date, prior to giving effect to
distributions to be made on such Distribution Date, being less than ten percent
of the Cut-off Date Principal Balance of the Mortgage Loans. If such right is
exercised by the Master Servicer, the Master Servicer shall be deemed to have
been reimbursed for the full amount of any unreimbursed Advances theretofore
made by it with respect to the Mortgage Loans. In addition, the Master Servicer
shall provide to the Trustee the certification required by Section 3.15 and the
Trustee and any Custodian shall, promptly following payment of the purchase
price, release to the Master Servicer the Mortgage Files pertaining to the
Mortgage Loans being purchased.
In addition to the foregoing, on any Distribution Date on which the Pool
Stated Principal Balance, prior to giving effect to distributions to be made on
such Distribution Date, is less than ten percent of the Cut-off Date Principal
Balance of the Mortgage Loans, Master Servicer shall have the right, at its
option, to purchase the Certificates in whole, but not in part, at a price equal
to the outstanding Certificate Principal Balance of such Certificates plus the
sum of Accrued Certificate Interest thereon for the related Interest Accrual
Period and any previously unpaid Accrued Certificate Interest. If the Master
Servicer exercises this right to purchase the outstanding Certificates, the
Master Servicer will promptly terminate the respective obligations and
responsibilities created hereby in respect of the Certificates pursuant to this
Article IX.
(b) The Master Servicer shall give the Trustee not less than 60 days'
prior notice of the Distribution Date on which the Master Servicer anticipates
that the final distribution will be made to Certificateholders (whether as a
result of the exercise by the Master Servicer of its right to purchase the
assets of the Trust Fund or otherwise) or on which the Master Servicer
anticipates that the Certificates will be purchased (as a result of the exercise
by the Master Servicer to purchase the outstanding Certificates). Notice of any
termination, specifying the anticipated Final Distribution Date (which shall be
a date that would otherwise be a Distribution Date) upon which the
Certificateholders may surrender their Certificates to the Trustee (if so
required by the terms hereof) for payment of the final distribution and
cancellation or notice of any purchase of the outstanding Certificates,
specifying the Distribution Date upon which the Holders may surrender their
Certificates to the Trustee for payment, shall be given promptly by the Master
Servicer (if it is exercising its right to purchase the assets of the Trust Fund
or to purchase the outstanding Certificates), or by the Trustee (in any other
case) by letter to the Certificateholders mailed not earlier than the 15th day
and not later than the 25th day of the month next preceding the month of such
final distribution specifying:
(i) the anticipated Final Distribution Date upon which
final payment of the Certificates is anticipated to be made upon
presentation and surrender of Certificates at the office or
agency of the Trustee therein designated where required pursuant
to this Agreement or, in the case of the purchase by the Master
Servicer of the outstanding Certificates, the Distribution Date
on which such purchase is to be made,
(ii) the amount of any such final payment, or in the case
of the purchase of the outstanding Certificates, the purchase
price, in either case, if known, and
95
(iii) that the Record Date otherwise applicable to such
Distribution Date is not applicable, or in the case of the Senior
Certificates, or in the case of all of the Certificates in
connection with the exercise by the Master Servicer of its right
to purchase the Certificates, that payment will be made only upon
presentation and surrender of the Certificates at the office or
agency of the Trustee therein specified.
If the Master Servicer is obligated to give notice to Certificateholders
as aforesaid, it shall give such notice to the Certificate Registrar at the time
such notice is given to Certificateholders and, if the Master Servicer is
exercising its rights to purchase the outstanding Certificates, it shall give
such notice to each Rating Agency at the time such notice is given to
Certificateholders. As a result of the exercise by the Master Servicer of its
right to purchase the assets of the Trust Fund, the Master Servicer shall
deposit in the Certificate Account before the Final Distribution Date in
immediately available funds an amount equal to the purchase price for the assets
of the Trust Fund, computed as provided above. As a result of the exercise by
the Master Servicer of its right to purchase the outstanding Certificates, the
Master Servicer shall deposit in an Eligible Account, established by the Master
Servicer on behalf of the Trustee and separate from the Certificate Account in
the name of the Trustee in trust for the registered holders of the Certificates,
before the Distribution Date on which such purchase is to occur in immediately
available funds an amount equal to the purchase price for the Certificates,
computed as above provided, and provide notice of such deposit to the Trustee.
The Trustee will withdraw from such account the amount specified in subsection
(c) below.
(c) In the case of the Senior Certificates, upon presentation and
surrender of the Certificates by the Certificateholders thereof, and in the case
of the Class M and Class B Certificates, upon presentation and surrender of the
Certificates by the Certificateholders thereof in connection with the exercise
by the Master Servicer of its right to purchase the Certificates and otherwise,
in accordance with Section 4.01(a), the Trustee shall distribute to the
Certificateholders (i) the amount otherwise distributable on such Distribution
Date, if not in connection with the Master Servicer's election to repurchase the
assets of the Trust Fund or the outstanding Certificates, or (ii) if the Master
Servicer elected to so repurchase the assets of the Trust Fund or the
outstanding Certificates, an amount determined as follows: (A) with respect to
each Certificate the outstanding Certificate Principal Balance thereof, plus
Accrued Certificate Interest for the related Interest Accrual Period thereon and
any previously unpaid Accrued Certificate Interest, subject to the priority set
forth in Section 4.02(a), and (B) with respect to the Class R Certificates, any
excess of the amounts available for distribution (including the repurchase price
specified in clause (ii) of subsection (a) of this Section) over the total
amount distributed under the immediately preceding clause (A). Nothwithstanding
the reduction of the Certificate Principal Balance of any Class of Subordinate
Certificates to zero, such Class will be outstanding hereunder until the
termination of the respective obligations and responsibilities of the Company,
the Master Servicer and the Trustee hereunder in accordance with Article IX.
(d) If any Certificateholders shall not surrender their Certificates for
final payment and cancellation on or before the Final Distribution Date (if so
required by the terms hereof), the Trustee shall on such date cause all funds in
the Certificate Account not distributed in final distribution to
Certificateholders to be withdrawn therefrom and credited to the remaining
Certificateholders by depositing such funds in a separate escrow account for the
benefit of such Certificateholders, and
96
the Master Servicer (if it exercised its right to purchase the assets of the
Trust Fund), or the Trustee (in any other case) shall give a second written
notice to the remaining Certificateholders to surrender their Certificates for
cancellation and receive the final distribution with respect thereto. If within
six months after the second notice any Certificate shall not have been
surrendered for cancellation, the Trustee shall take appropriate steps as
directed by the Master Servicer to contact the remaining Certificateholders
concerning surrender of their Certificates. The costs and expenses of
maintaining the escrow account and of contacting Certificateholders shall be
paid out of the assets which remain in the escrow account. If within nine months
after the second notice any Certificates shall not have been surrendered for
cancellation, the Trustee shall pay to the Master Servicer all amounts
distributable to the holders thereof and the Master Servicer shall thereafter
hold such amounts until distributed to such Holders. No interest shall accrue or
be payable to any Certificateholder on any amount held in the escrow account or
by the Master Servicer as a result of such Certificateholder's failure to
surrender its Certificate(s) for final payment thereof in accordance with this
Section 9.01.
(e) If any Certificateholders do not surrender their Certificates on or
before the Distribution Date on which a purchase of the outstanding Certificates
is to be made, the Trustee shall on such date cause all funds in the Certificate
Account deposited therein by the Master Servicer pursuant to Section 9.01(b) to
be withdrawn therefrom and deposited in a separate escrow account for the
benefit of such Certificateholders, and the Master Servicer shall give a second
written notice to such Certificateholders to surrender their Certificates for
payment of the purchase price therefor. If within six months after the second
notice any Certificate shall not have been surrendered for cancellation, the
Trustee shall take appropriate steps as directed by the Master Servicer to
contact the Holders of such Certificates concerning surrender of their
Certificates. The costs and expenses of maintaining the escrow account and of
contacting Certificateholders shall be paid out of the assets which remain in
the escrow account. If within nine months after the second notice any
Certificates shall not have been surrendered for cancellation in accordance with
this Section 9.01, the Trustee shall pay to the Master Servicer all amounts
distributable to the Holders thereof and the Master Servicer shall thereafter
hold such amounts until distributed to such Holders. No interest shall accrue or
be payable to any Certificateholder on any amount held in the escrow account or
by the Master Servicer as a result of such Certificateholder's failure to
surrender its Certificate(s) for payment in accordance with this Section 9.01.
Any Certificate that is not surrendered on the Distribution Date on which a
purchase pursuant to this Section 9.01 occurs as provided above will be deemed
to have been purchased and the Holder as of such date will have no rights with
respect thereto except to receive the purchase price therefor minus any costs
and expenses associated with such escrow account and notices allocated thereto.
Any Certificates so purchased or deemed to have been purchased on such
Distribution Date shall remain outstanding hereunder until the Master Servicer
has terminated the respective obligations and responsibilities created hereby in
respect of the Certificates pursuant to this Article IX. The Master Servicer
shall be for all purposes the Holder thereof as of such date.
Section 9.02 Additional Termination Requirements.
(a) Each REMIC that comprises the Trust Fund shall be terminated in
accordance with the following additional requirements, unless (subject to
Section 10.01(f)) the Trustee and the Master Servicer have received an Opinion
of Counsel (which Opinion of Counsel shall not be an expense of the Trustee) to
the effect that the failure of each such REMIC to comply with the requirements
97
of this Section 9.02 will not (i) result in the imposition on the Trust of taxes
on "prohibited transactions," as described in Section 860F of the Code, or (ii)
cause any such REMIC to fail to qualify as a REMIC at any time that any
Certificate is outstanding:
(i) The Master Servicer shall establish a 90-day
liquidation period for each such REMIC and specify the first day
of such period in a statement attached to the Trust Fund's final
Tax Return pursuant to Treasury regulations Section 1.860F-1. The
Master Servicer also shall satisfy all of the requirements of a
qualified liquidation for a REMIC under Section 860F of the Code
and regulations thereunder;
(ii) The Master Servicer shall notify the Trustee at the
commencement of such 90-day liquidation period and, at or prior
to the time of making of the final payment on the Certificates,
the Trustee shall sell or otherwise dispose of all of the
remaining assets of the Trust Fund in accordance with the terms
hereof; and
(iii) If the Master Servicer or the Company is exercising
its right to purchase the assets of the Trust Fund, the Master
Servicer shall, during the 90-day liquidation period and at or
prior to the Final Distribution Date, purchase all of the assets
of the Trust Fund for cash.
(b) Each Holder of a Certificate and the Trustee hereby irrevocably
approves and appoints the Master Servicer as its attorney-in-fact to adopt a
plan of complete liquidation for each REMIC at the expense of the Trust Fund in
accordance with the terms and conditions of this Agreement.
Section 9.03 Termination of Multiple REMICs.
If the REMIC Administrator makes two or more separate REMIC elections,
the applicable REMIC shall be terminated on the earlier of the Final
Distribution Date and the date on which it is deemed to receive the last deemed
distributions on the related Uncertificated REMIC Regular Interests and the last
distribution due on the Certificates is made.
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration.
(a) The REMIC Administrator shall make an election to treat the Trust
Fund as one or more REMICs under the Code and, if necessary, under applicable
state law. The assets of each such REMIC will be set forth in the Series
Supplement. Such election will be made on Form 1066 or other appropriate federal
tax or information return (including Form 8811) or any appropriate state return
for the taxable year ending on the last day of the calendar year in which the
Certificates are issued. For the purposes of each REMIC election in respect of
the Trust Fund, Certificates and interests to be designated as the "regular
interests" and the sole class of "residual interests" in the REMIC will be set
forth in Section 10.03 of the Series Supplement. The REMIC Administrator and the
Trustee shall not permit the creation of any "interests" (within the meaning of
Section 860G of
98
the Code) in any REMIC elected in respect of the Trust Fund other than the
"regular interests" and "residual interests" so designated.
(b) The Closing Date is hereby designated as the "startup day" of the
Trust Fund within the meaning of Section 860G(a)(9) of the Code.
(c) The REMIC Administrator shall hold a Class R Certificate
representing a 0.01% Percentage Interest each Class of the Class R Certificates
and shall be designated as "the tax matters person" with respect to each REMIC
in the manner provided under Treasury regulations section 1.860F-4(d) and
Treasury regulations section 301.6231(a)(7)-1. The REMIC Administrator, as tax
matters person, shall (i) act on behalf of each REMIC in relation to any tax
matter or controversy involving the Trust Fund and (ii) represent the Trust Fund
in any administrative or judicial proceeding relating to an examination or audit
by any governmental taxing authority with respect thereto. The legal expenses,
including without limitation attorneys' or accountants' fees, and costs of any
such proceeding and any liability resulting therefrom shall be expenses of the
Trust Fund and the REMIC Administrator shall be entitled to reimbursement
therefor out of amounts attributable to the Mortgage Loans on deposit in the
Custodial Account as provided by Section 3.10 unless such legal expenses and
costs are incurred by reason of the REMIC Administrator's willful misfeasance,
bad faith or gross negligence. If the REMIC Administrator is no longer the
Master Servicer hereunder, at its option the REMIC Administrator may continue
its duties as REMIC Administrator and shall be paid reasonable compensation not
to exceed $3,000 per year by any successor Master Servicer hereunder for so
acting as the REMIC Administrator.
(d) The REMIC Administrator shall prepare or cause to be prepared all of
the Tax Returns that it determines are required with respect to each REMIC
created hereunder and deliver such Tax Returns in a timely manner to the Trustee
and the Trustee shall sign and file such Tax Returns in a timely manner. The
expenses of preparing such returns shall be borne by the REMIC Administrator
without any right of reimbursement therefor. The REMIC Administrator agrees to
indemnify and hold harmless the Trustee with respect to any tax or liability
arising from the Trustee's signing of Tax Returns that contain errors or
omissions. The Trustee and Master Servicer shall promptly provide the REMIC
Administrator with such information as the REMIC Administrator may from time to
time request for the purpose of enabling the REMIC Administrator to prepare Tax
Returns.
(e) The REMIC Administrator shall provide (i) to any Transferor of a
Class R Certificate such information as is necessary for the application of any
tax relating to the transfer of a Class R Certificate to any Person who is not a
Permitted Transferee, (ii) to the Trustee, and the Trustee shall forward to the
Certificateholders, such information or reports as are required by the Code or
the REMIC Provisions including reports relating to interest, original issue
discount and market discount or premium (using the Prepayment Assumption) and
(iii) to the Internal Revenue Service the name, title, address and telephone
number of the person who will serve as the representative of each REMIC.
(f) The Master Servicer and the REMIC Administrator shall take such
actions and shall cause each REMIC created hereunder to take such actions as are
reasonably within the Master Servicer's or the REMIC Administrator's control and
the scope of its duties more specifically set
99
forth herein as shall be necessary or desirable to maintain the status of each
REMIC as a REMIC under the REMIC Provisions (and the Trustee shall assist the
Master Servicer and the REMIC Administrator, to the extent reasonably requested
by the Master Servicer and the REMIC Administrator to do so). The Master
Servicer and the REMIC Administrator shall not knowingly or intentionally take
any action, cause the Trust Fund to take any action or fail to take (or fail to
cause to be taken) any action reasonably within their respective control that,
under the REMIC Provisions, if taken or not taken, as the case may be, could (i)
endanger the status of any portion of any REMIC formed under the Series
Supplement as a REMIC or (ii) result in the imposition of a tax upon any such
REMIC (including but not limited to the tax on prohibited transactions as
defined in Section 860F(a)(2) of the Code and the tax on contributions to a
REMIC set forth in Section 860G(d) of the Code) (either such event, in the
absence of an Opinion of Counsel or the indemnification referred to in this
sentence, an "Adverse REMIC Event") unless the Master Servicer or the REMIC
Administrator, as applicable, has received an Opinion of Counsel (at the expense
of the party seeking to take such action or, if such party fails to pay such
expense, and the Master Servicer or the REMIC Administrator, as applicable,
determines that taking such action is in the best interest of the Trust Fund and
the Certificateholders, at the expense of the Trust Fund, but in no event at the
expense of the Master Servicer, the REMIC Administrator or the Trustee) to the
effect that the contemplated action will not, with respect to each REMIC created
hereunder, endanger such status or, unless the Master Servicer, the REMIC
Administrator or both, as applicable, determine in its or their sole discretion
to indemnify the Trust Fund against the imposition of such a tax, result in the
imposition of such a tax. Wherever in this Agreement a contemplated action may
not be taken because the timing of such action might result in the imposition of
a tax on the Trust Fund, or may only be taken pursuant to an Opinion of Counsel
that such action would not impose a tax on the Trust Fund, such action may
nonetheless be taken provided that the indemnity given in the preceding sentence
with respect to any taxes that might be imposed on the Trust Fund has been given
and that all other preconditions to the taking of such action have been
satisfied. The Trustee shall not take or fail to take any action (whether or not
authorized hereunder) as to which the Master Servicer or the REMIC
Administrator, as applicable, has advised it in writing that it has received an
Opinion of Counsel to the effect that an Adverse REMIC Event could occur with
respect to such action. In addition, prior to taking any action with respect to
any REMIC created hereunder or any related assets thereof, or causing any such
REMIC to take any action, which is not expressly permitted under the terms of
this Agreement, the Trustee will consult with the Master Servicer or the REMIC
Administrator, as applicable, or its designee, in writing, with respect to
whether such action could cause an Adverse REMIC Event to occur with respect to
any such REMIC, and the Trustee shall not take any such action or cause any such
REMIC to take any such action as to which the Master Servicer or the REMIC
Administrator, as applicable, has advised it in writing that an Adverse REMIC
Event could occur. The Master Servicer or the REMIC Administrator, as
applicable, may consult with counsel to make such written advice, and the cost
of same shall be borne by the party seeking to take the action not expressly
permitted by this Agreement, but in no event at the expense of the Master
Servicer or the REMIC Administrator. At all times as may be required by the
Code, the Master Servicer will to the extent within its control and the scope of
its duties more specifically set forth herein, maintain substantially all of the
assets of each REMIC created hereunder as "qualified mortgages" as defined in
Section 860G(a)(3) of the Code and "permitted investments" as defined in Section
860G(a)(5) of the Code.
100
(g) In the event that any tax is imposed on "prohibited transactions" of
any REMIC created hereunder as defined in Section 860F(a)(2) of the Code, on
"net income from foreclosure property" of any such REMIC as defined in Section
860G(c) of the Code, on any contributions to any such REMIC after the Startup
Day therefor pursuant to Section 860G(d) of the Code, or any other tax is
imposed by the Code or any applicable provisions of state or local tax laws,
such tax shall be charged (i) to the Master Servicer, if such tax arises out of
or results from a breach by the Master Servicer of any of its obligations under
this Agreement or the Master Servicer has in its sole discretion determined to
indemnify the Trust Fund against such tax, (ii) to the Trustee, if such tax
arises out of or results from a breach by the Trustee of any of its obligations
under this Article X, or (iii) otherwise against amounts on deposit in the
Custodial Account as provided by Section 3.10 and on the Distribution Date(s)
following such reimbursement the aggregate of such taxes shall be allocated in
reduction of the Accrued Certificate Interest on each Class entitled thereto in
the same manner as if such taxes constituted a Prepayment Interest Shortfall.
(h) The Trustee and the Master Servicer shall, for federal income tax
purposes, maintain books and records with respect to each REMIC created
hereunder on a calendar year and on an accrual basis or as otherwise may be
required by the REMIC Provisions.
(i) Following the Startup Day, neither the Master Servicer nor the
Trustee shall accept any contributions of assets to any REMIC created hereunder
unless (subject to Section 10.01(f)) the Master Servicer and the Trustee shall
have received an Opinion of Counsel (at the expense of the party seeking to make
such contribution) to the effect that the inclusion of such assets in such REMIC
will not cause the REMIC to fail to qualify as a REMIC at any time that any
Certificates are outstanding or subject the REMIC to any tax under the REMIC
Provisions or other applicable provisions of federal, state and local law or
ordinances.
(j) Neither the Master Servicer nor the Trustee shall (subject to
Section 10.01(f)) enter into any arrangement by which any REMIC created
hereunder will receive a fee or other compensation for services nor permit any
such REMIC to receive any income from assets other than "qualified mortgages" as
defined in Section 860G(a)(3) of the Code or "permitted investments" as defined
in Section 860G(a)(5) of the Code.
(k) Solely for the purposes of Section 1.860G-1(a)(4)(iii) of the
Treasury Regulations, the "latest possible maturity date" by which the
Certificate Principal Balance of each Class of Certificates (other than the
Interest Only Certificates) representing a regular interest in the applicable
REMIC and the Uncertificated Principal Balance of each Uncertificated REMIC
Regular Interest (other than each Uncertificated REMIC Regular Interest
represented by a Class A-V Certificate, if any) and the rights to the Interest
Only Certificates and Uncertificated REMIC Regular Interest represented by any
Class A-V Certificate would be reduced to zero is the Maturity Date for each
such Certificate and Interest.
(l) Within 30 days after the Closing Date, the REMIC Administrator shall
prepare and file with the Internal Revenue Service Form 8811, "Information
Return for Real Estate Mortgage Investment Conduits (REMIC) and Issuers of
Collateralized Debt Obligations" for each REMIC created hereunder.
101
(m) Neither the Trustee nor the Master Servicer shall sell, dispose of
or substitute for any of the Mortgage Loans (except in connection with (i) the
default, imminent default or foreclosure of a Mortgage Loan, including but not
limited to, the acquisition or sale of a Mortgaged Property acquired by deed in
lieu of foreclosure, (ii) the bankruptcy of any REMIC created hereunder, (iii)
the termination of any such REMIC pursuant to Article IX of this Agreement or
(iv) a purchase of Mortgage Loans pursuant to Article II or III of this
Agreement) nor acquire any assets for any such REMIC, nor sell or dispose of any
investments in the Custodial Account or the Certificate Account for gain nor
accept any contributions to any such REMIC after the Closing Date unless it has
received an Opinion of Counsel that such sale, disposition, substitution or
acquisition will not (a) affect adversely the status of such REMIC as a REMIC or
(b) unless the Master Servicer has determined in its sole discretion to
indemnify the Trust Fund against such tax, cause such REMIC to be subject to a
tax on "prohibited transactions" or "contributions" pursuant to the REMIC
Provisions.
Section 10.02 Master Servicer, REMIC Administrator and Trustee
Indemnification.
(a) The Trustee agrees to indemnify the Trust Fund, the Company, the
REMIC Administrator and the Master Servicer for any taxes and costs including,
without limitation, any reasonable attorneys fees imposed on or incurred by the
Trust Fund, the Company or the Master Servicer, as a result of a breach of the
Trustee's covenants set forth in Article VIII or this Article X.
(b) The REMIC Administrator agrees to indemnify the Trust Fund, the
Company, the Master Servicer and the Trustee for any taxes and costs (including,
without limitation, any reasonable attorneys' fees) imposed on or incurred by
the Trust Fund, the Company, the Master Servicer or the Trustee, as a result of
a breach of the REMIC Administrator's covenants set forth in this Article X with
respect to compliance with the REMIC Provisions, including without limitation,
any penalties arising from the Trustee's execution of Tax Returns prepared by
the REMIC Administrator that contain errors or omissions; provided, however,
that such liability will not be imposed to the extent such breach is a result of
an error or omission in information provided to the REMIC Administrator by the
Master Servicer in which case Section 10.02(c) will apply.
(c) The Master Servicer agrees to indemnify the Trust Fund, the Company,
the REMIC Administrator and the Trustee for any taxes and costs (including,
without limitation, any reasonable attorneys' fees) imposed on or incurred by
the Trust Fund, the Company, the REMIC Administrator or the Trustee, as a result
of a breach of the Master Servicer's covenants set forth in this Article X or in
Article III with respect to compliance with the REMIC Provisions, including
without limitation, any penalties arising from the Trustee's execution of Tax
Returns prepared by the Master Servicer that contain errors or omissions.
Section 10.03 Designation of REMIC(s).
As provided in Section 10.03 of the Series Supplement.
102
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment.
(a) This Agreement or any Custodial Agreement may be amended from time
to time by the Company, the Master Servicer and the Trustee, without the consent
of any of the Certificateholders:
(i) to cure any ambiguity,
(ii) to correct or supplement any provisions herein or
therein, which may be inconsistent with any other provisions
herein or therein or to correct any error,
(iii) to modify, eliminate or add to any of its provisions
to such extent as shall be necessary or desirable to maintain the
qualification of the Trust Fund as a REMIC at all times that any
Certificate is outstanding or to avoid or minimize the risk of
the imposition of any tax on the Trust Fund pursuant to the Code
that would be a claim against the Trust Fund, provided that the
Trustee has received an Opinion of Counsel to the effect that (A)
such action is necessary or desirable to maintain such
qualification or to avoid or minimize the risk of the imposition
of any such tax and (B) such action will not adversely affect in
any material respect the interests of any Certificateholder,
(iv) to change the timing and/or nature of deposits into
the Custodial Account or the Certificate Account or to change the
name in which the Custodial Account is maintained, provided that
(A) the Certificate Account Deposit Date shall in no event be
later than the related Distribution Date, (B) such change shall
not, as evidenced by an Opinion of Counsel, adversely affect in
any material respect the interests of any Certificateholder and
(C) such change shall not result in a reduction of the rating
assigned to any Class of Certificates below the lower of the
then-current rating or the rating assigned to such Certificates
as of the Closing Date, as evidenced by a letter from each Rating
Agency to such effect,
(v) to modify, eliminate or add to the provisions of
Section 5.02(f) or any other provision hereof restricting
transfer of the Class R Certificates, by virtue of their being
the "residual interests" in a REMIC, provided that (A) such
change shall not result in reduction of the rating assigned to
any such Class of Certificates below the lower of the
then-current rating or the rating assigned to such Certificates
as of the Closing Date, as evidenced by a letter from each Rating
Agency to such effect, and (B) such change shall not (subject to
Section 10.01(f)), as evidenced by an Opinion of Counsel (at the
expense of the party seeking so to modify, eliminate or add such
provisions), cause any REMIC created hereunder or any of the
Certificateholders (other than the transferor) to be subject to a
federal tax caused by a transfer to a Person that is not a
Permitted Transferee,
103
(vi) to make any other provisions with respect to matters
or questions arising under this Agreement or such Custodial
Agreement which shall not be materially inconsistent with the
provisions of this Agreement, provided that such action shall
not, as evidenced by an Opinion of Counsel, adversely affect in
any material respect the interests of any Certificateholder, or
(vii) to amend any provision herein or therein that is not
material to any of the Certificateholders.
(b) This Agreement or any Custodial Agreement may also be amended from
time to time by the Company, the Master Servicer and the Trustee with the
consent of the Holders of Certificates evidencing in the aggregate not less than
66% of the Percentage Interests of each Class of Certificates with a Certificate
Principal Balance greater than zero affected thereby for the purpose of adding
any provisions to or changing in any manner or eliminating any of the provisions
of this Agreement or such Custodial Agreement or of modifying in any manner the
rights of the Holders of Certificates of such Class; provided, however, that no
such amendment shall:
(i) reduce in any manner the amount of, or delay the
timing of, payments which are required to be distributed on any
Certificate without the consent of the Holder of such
Certificate,
(ii) reduce the aforesaid percentage of Certificates of
any Class the Holders of which are required to consent to any
such amendment, in any such case without the consent of the
Holders of all Certificates of such Class then outstanding.
(c) Notwithstanding any contrary provision of this Agreement, the
Trustee shall not consent to any amendment to this Agreement unless it shall
have first received an Opinion of Counsel (subject to Section 10.01(f) and at
the expense of the party seeking such amendment) to the effect that such
amendment or the exercise of any power granted to the Master Servicer, the
Company or the Trustee in accordance with such amendment will not result in the
imposition of a federal tax on the Trust Fund or cause any REMIC created under
the Series Supplement to fail to qualify as a REMIC at any time that any
Certificate is outstanding.
(d) Promptly after the execution of any such amendment the Trustee shall
furnish written notification of the substance of such amendment to the Custodian
and each Certificateholder. It shall not be necessary for the consent of
Certificateholders under this Section 11.01 to approve the particular form of
any proposed amendment, but it shall be sufficient if such consent shall approve
the substance thereof. The manner of obtaining such consents and of evidencing
the authorization of the execution thereof by Certificateholders shall be
subject to such reasonable regulations as the Trustee may prescribe.
(e) The Company shall have the option, in its sole discretion, to obtain
and deliver to the Trustee any corporate guaranty, payment obligation,
irrevocable letter of credit, surety bond, insurance policy or similar
instrument or a reserve fund, or any combination of the foregoing, for the
purpose of protecting the Holders of the Class B Certificates against any or all
Realized Losses or
104
other shortfalls. Any such instrument or fund shall be held by the Trustee for
the benefit of the Class B Certificateholders, but shall not be and shall not be
deemed to be under any circumstances included in the Trust Fund. To the extent
that any such instrument or fund constitutes a reserve fund for federal income
tax purposes, (i) any reserve fund so established shall be an outside reserve
fund and not an asset of the Trust Fund, (ii) any such reserve fund shall be
owned by the Company, and (iii) amounts transferred by the Trust Fund to any
such reserve fund shall be treated as amounts distributed by the Trust Fund to
the Company or any successor, all within the meaning of Treasury Regulations
Section 1.860G-2(h) as it reads as of the Cut-off Date. In connection with the
provision of any such instrument or fund, this Agreement and any provision
hereof may be modified, added to, deleted or otherwise amended in any manner
that is related or incidental to such instrument or fund or the establishment or
administration thereof, such amendment to be made by written instrument executed
or consented to by the Company but without the consent of any Certificateholder
and without the consent of the Master Servicer or the Trustee being required
unless any such amendment would impose any additional obligation on, or
otherwise adversely affect the interests of the Senior Certificateholders, the
Class M Certificateholders, the Master Servicer or the Trustee, as applicable;
provided that the Company obtains (subject to Section 10.01(f)) an Opinion of
Counsel (which need not be an opinion of Independent counsel) to the effect that
any such amendment will not cause (a) any federal tax to be imposed on the Trust
Fund, including without limitation, any federal tax imposed on "prohibited
transactions" under Section 860F(a)(1) of the Code or on "contributions after
the startup date" under Section 860G(d)(1) of the Code and (b) any REMIC created
hereunder to fail to qualify as a REMIC at any time that any Certificate is
outstanding. In the event that the Company elects to provide such coverage in
the form of a limited guaranty provided by General Motors Acceptance
Corporation, the Company may elect that the text of such amendment to this
Agreement shall be substantially in the form attached hereto as Exhibit K (in
which case Residential Funding's Subordinate Certificate Loss Obligation as
described in such exhibit shall be established by Residential Funding's consent
to such amendment) and that the limited guaranty shall be executed in the form
attached hereto as Exhibit K, with such changes as the Company shall deem to be
appropriate; it being understood that the Trustee has reviewed and approved the
content of such forms and that the Trustee's consent or approval to the use
thereof is not required.
Section 11.02 Recordation of Agreement; Counterparts.
(a) To the extent permitted by applicable law, this Agreement is subject
to recordation in all appropriate public offices for real property records in
all the counties or other comparable jurisdictions in which any or all of the
properties subject to the Mortgages are situated, and in any other appropriate
public recording office or elsewhere, such recordation to be effected by the
Master Servicer and at its expense on direction by the Trustee (pursuant to the
request of Holders of Certificates entitled to at least 25% of the Voting
Rights), but only upon direction accompanied by an Opinion of Counsel to the
effect that such recordation materially and beneficially affects the interests
of the Certificateholders.
(b) For the purpose of facilitating the recordation of this Agreement as
herein provided and for other purposes, this Agreement may be executed
simultaneously in any number of counterparts, each of which counterparts shall
be deemed to be an original, and such counterparts shall constitute but one and
the same instrument.
105
Section 11.03 Limitation on Rights of Certificateholders.
(a) The death or incapacity of any Certificateholder shall not operate
to terminate this Agreement or the Trust Fund, nor entitle such
Certificateholder's legal representatives or heirs to claim an accounting or to
take any action or proceeding in any court for a partition or winding up of the
Trust Fund, nor otherwise affect the rights, obligations and liabilities of any
of the parties hereto.
(b) No Certificateholder shall have any right to vote (except as
expressly provided herein) or in any manner otherwise control the operation and
management of the Trust Fund, or the obligations of the parties hereto, nor
shall anything herein set forth, or contained in the terms of the Certificates,
be construed so as to constitute the Certificateholders from time to time as
partners or members of an association; nor shall any Certificateholder be under
any liability to any third person by reason of any action taken by the parties
to this Agreement pursuant to any provision hereof.
(c) No Certificateholder shall have any right by virtue of any provision
of this Agreement to institute any suit, action or proceeding in equity or at
law upon or under or with respect to this Agreement, unless such Holder
previously shall have given to the Trustee a written notice of default and of
the continuance thereof, as hereinbefore provided, and unless also the Holders
of Certificates of any Class evidencing in the aggregate not less than 25% of
the related Percentage Interests of such Class, shall have made written request
upon the Trustee to institute such action, suit or proceeding in its own name as
Trustee hereunder and shall have offered to the Trustee such reasonable
indemnity as it may require against the costs, expenses and liabilities to be
incurred therein or thereby, and the Trustee, for 60 days after its receipt of
such notice, request and offer of indemnity, shall have neglected or refused to
institute any such action, suit or proceeding it being understood and intended,
and being expressly covenanted by each Certificateholder with every other
Certificateholder and the Trustee, that no one or more Holders of Certificates
of any Class shall have any right in any manner whatever by virtue of any
provision of this Agreement to affect, disturb or prejudice the rights of the
Holders of any other of such Certificates of such Class or any other Class, or
to obtain or seek to obtain priority over or preference to any other such
Holder, or to enforce any right under this Agreement, except in the manner
herein provided and for the common benefit of Certificateholders of such Class
or all Classes, as the case may be. For the protection and enforcement of the
provisions of this Section 11.03, each and every Certificateholder and the
Trustee shall be entitled to such relief as can be given either at law or in
equity.
Section 11.04 Governing Law.
This agreement and the Certificates shall be governed by and construed
in accordance with the laws of the State of New York and the obligations, rights
and remedies of the parties hereunder shall be determined in accordance with
such laws.
Section 11.05 Notices.
As provided in Section 11.05 of the Series Supplement.
106
Section 11.06 Required Notices to Rating Agency and Subservicer.
The Company, the Master Servicer or the Trustee, as applicable, (i)
shall notify each Rating Agency at such time as it is otherwise required
pursuant to this Agreement to give notice of the occurrence of, any of the
events described in clause (a), (b), (c), (d), (g), (h), (i) or (j) below, (ii)
shall notify the Subservicer at such time as it is otherwise required pursuant
to this Agreement to give notice of the occurrence of, any of the events
described in clause (a), (b), (c)(1), (g)(1), or (i) below, or (iii) provide a
copy to each Rating Agency at such time as otherwise required to be delivered
pursuant to this Agreement of any of the statements described in clauses (e) and
(f) below:
(a) a material change or amendment to this Agreement,
(b) the occurrence of an Event of Default,
(c) (1) the termination or appointment of a successor Master Servicer or
(2) the termination or appointment of a successor Trustee or a change in the
majority ownership of the Trustee,
(d) the filing of any claim under the Master Servicer's blanket fidelity
bond and the errors and omissions insurance policy required by Section 3.12 or
the cancellation or modification of coverage under any such instrument,
(e) the statement required to be delivered to the Holders of each Class
of Certificates pursuant to Section 4.03,
(f) the statements required to be delivered pursuant to Sections 3.18
and 3.19,
(g) (1) a change in the location of the Custodial Account or (2) a
change in the location of the Certificate Account,
(h) the occurrence of any monthly cash flow shortfall to the Holders of
any Class of Certificates resulting from the failure by the Master Servicer to
make an Advance pursuant to Section 4.04,
(i) the occurrence of the Final Distribution Date, and
(j) the repurchase of or substitution for any Mortgage Loan,
provided, however, that with respect to notice of the occurrence of the events
described in clauses (d), (g) or (h) above, the Master Servicer shall provide
prompt written notice to each Rating Agency and the Subservicer, if applicable,
of any such event known to the Master Servicer.
Section 11.07 Severability of Provisions.
If any one or more of the covenants, agreements, provisions or terms of
this Agreement shall be for any reason whatsoever held invalid, then such
covenants, agreements, provisions or terms
107
shall be deemed severable from the remaining covenants, agreements, provisions
or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement or of the Certificates
or the rights of the Holders thereof.
Section 11.08 Supplemental Provisions for Resecuritization.
This Agreement may be supplemented by means of the addition of a
separate Article hereto (a "Supplemental Article") for the purpose of
resecuritizing any of the Certificates issued hereunder, under the following
circumstances. With respect to any Class or Classes of Certificates issued
hereunder, or any portion of any such Class, as to which the Company or any of
its Affiliates (or any designee thereof) is the registered Holder (the
"Resecuritized Certificates"), the Company may deposit such Resecuritized
Certificates into a new REMIC, grantor trust, FASIT or custodial arrangement (a
"Restructuring Vehicle") to be held by the Trustee pursuant to a Supplemental
Article. The instrument adopting such Supplemental Article shall be executed by
the Company, the Master Servicer and the Trustee; provided, that neither the
Master Servicer nor the Trustee shall withhold their consent thereto if their
respective interests would not be materially adversely affected thereby. To the
extent that the terms of the Supplemental Article do not in any way affect any
provisions of this Agreement as to any of the Certificates initially issued
hereunder, the adoption of the Supplemental Article shall not constitute an
"amendment" of this Agreement.
Each Supplemental Article shall set forth all necessary provisions
relating to the holding of the Resecuritized Certificates by the Trustee, the
establishment of the Restructuring Vehicle, the issuing of various classes of
new certificates by the Restructuring Vehicle and the distributions to be made
thereon, and any other provisions necessary for the purposes thereof. In
connection with each Supplemental Article, the Company shall deliver to the
Trustee an Opinion of Counsel to the effect that (i) the Restructuring Vehicle
will qualify as a REMIC, grantor trust, FASIT or other entity not subject to
taxation for federal income tax purposes and (ii) the adoption of the
Supplemental Article will not endanger the status of the Trust Fund as a REMIC
or (subject to Section 10.01(f)) result in the imposition of a tax upon the
Trust Fund (including but not limited to the tax on prohibited transactions as
defined in Section 860F(a)(2) of the Code and the tax on contributions to a
REMIC as set forth in Section 860G(d) of the Code).
Section 11.09 Allocation of Voting Rights.
As provided in Section 11.09 of the Series Supplement.
108
EXHIBIT A
FORM OF CLASS A CERTIFICATE, [PRINCIPAL ONLY/CLASS A-P] CERTIFICATE
AND [INTEREST ONLY/CLASS A-V] CERTIFICATE
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A
"REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE
TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL
REVENUE CODE OF 1986.
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF
THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]
Certificate No. [____] [____]% [Adjustable] [Variable] Pass-Through
Rate [based on a Notional Amount]
Class [A-___] Senior Percentage Interest: ____%
Date of Pooling and Servicing Agreement and Aggregate Initial [Certificate Principal
Cut-off Date: Balance] [Interest Only/Class A-V] [Notional
[______________] Amount] [Subclass Notional Amount] of the
Class [A-___] Certificates: $________
First Distribution Date: [Initial] [Certificate Principal Balance]
[______________] [Interest Only/Class A-V] [Subclass] [Notional
Amount] of this Certificate:
$[______________]
Master Servicer:
Residential Funding Corporation
Assumed Final Distribution Date: CUSIP
[______________] [______________]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES ________
evidencing a percentage interest in the distributions allocable
To the Class [A-___] certificates with respect to a trust fund
Consisting primarily of a pool of conventional one- to
Four-family fixed interest rate first mortgage loans formed and
sold by RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
This Certificate is payable solely from the assets of the Trust Fund,
and does not represent an obligation of or interest in Residential Funding
Mortgage Securities I, Inc., the Master Servicer, the Trustee referred to below
or GMAC Mortgage Group, Inc. or any of their affiliates. Neither this
certificate nor the underlying mortgage loans are guaranteed or insured by any
governmental agency or instrumentality or by residential funding mortgage
securities I, inc., the master servicer, the trustee or GMAC Mortgage Group,
Inc. or any of their affiliates. None of the company, the master servicer, GMAC
Mortgage Group, Inc. or any of their affiliates will have any obligation with
respect to any certificate or other obligation secured by or payable from
payments on the certificates.
This certifies that is the registered owner of the percentage interest
evidenced by this certificate [(obtained by dividing the [initial certificate
principal balance] [initial [interest only/Class A-V] notional amount] of this
certificate by the aggregate [initial certificate principal balance of all Class
A- certificates] [initial [interest only/Class A-V] notional amounts of all
[interest only/Class
A-v] certificates], both as specified above)] in certain distributions with
respect to the trust fund consisting primarily of an interest in a pool of
conventional one- to four-family fixed interest rate first mortgage loans (the
"mortgage loans"), formed and sold by residential funding mortgage securities I,
inc. (Hereinafter called the "company," which term includes any successor entity
under the agreement referred to below). The trust fund was created pursuant to a
series supplement, dated as specified above, to the standard terms of pooling
and servicing agreement dated as of ________________ (together, the "pooling and
servicing agreement" or the "agreement") among the company, the master servicer
and _______________, as trustee (the "trustee"), a summary of certain of the
pertinent provisions of which is set forth hereafter. To the extent not defined
herein, the capitalized terms used herein have the meanings assigned in the
agreement. This certificate is issued under and is subject to the terms,
provisions and conditions of the agreement, to which agreement the holder of
this certificate by virtue of the acceptance hereof assents and by which such
holder is bound.
Pursuant to the terms of the agreement, a distribution will be made on
the 25th day of each month or, if such 25th day is not a business day, the
business day immediately following (the "distribution date"), commencing as
described in the agreement, to the person in whose name this certificate is
registered at the close of business on the last day (or if such last day is not
a business day, the business day immediately preceding such last day) of the
month immediately preceding the month of such distribution (the "record date"),
from the available distribution amount in an amount equal to the product of the
percentage interest evidenced by this certificate and the amount [(of interest
and principal, if any)] required to be distributed to holders of Class A-
certificates on such distribution date. [the [interest only/Class A-v] notional
amount of the [interest only/Class A-v] certificates as of any date of
determination is equal to the aggregate stated principal balance of the mortgage
loans corresponding to the uncertificated remic regular interests represented by
such [interest only/Class A-v] certificates.]
Distributions on this certificate will be made either by the master
servicer acting on behalf of the trustee or by a paying agent appointed by the
trustee in immediately available funds (by wire transfer or otherwise) for the
account of the person entitled thereto if such person shall have so notified the
master servicer or such paying agent, or by check mailed to the address of the
person entitled thereto, as such name and address shall appear on the
certificate register.
Notwithstanding the above, the final distribution on this certificate
will be made after due notice of the pendency of such distribution and only upon
presentation and surrender of this certificate at the office or agency appointed
by the trustee for that purpose in the city and state of New York. The [initial
certificate principal balance] [initial [interest only/Class A-v] notional
amount] of this certificate is set forth above.] [the certificate principal
balance hereof will be reduced to the extent of distributions allocable to
principal and any realized losses allocable hereto.]
This certificate is one of a duly authorized issue of certificates
issued in several classes designated as mortgage pass-through certificates of
the series specified hereon (herein collectively called the "certificates").
The certificates are limited in right of payment to certain collections
and recoveries respecting the mortgage loans, all as more specifically set forth
herein and in the agreement. In the
event master servicer funds are advanced with respect to any mortgage loan, such
advance is reimbursable to the master servicer, to the extent provided in the
agreement, from related recoveries on such mortgage loan or from other cash that
would have been distributable to certificateholders.
As provided in the agreement, withdrawals from the custodial account
and/or the certificate account created for the benefit of certificateholders may
be made by the master servicer from time to time for purposes other than
distributions to certificateholders, such purposes including without limitation
reimbursement to the company and the master servicer of advances made, or
certain expenses incurred, by either of them.
The agreement permits, with certain exceptions therein provided, the
amendment of the agreement and the modification of the rights and obligations of
the company, the master servicer and the trustee and the rights of the
certificateholders under the agreement at any time by the company, the master
servicer and the trustee with the consent of the holders of certificates
evidencing in the aggregate not less than 66% of the percentage interests of
each class of certificates affected thereby. Any such consent by the holder of
this certificate shall be conclusive and binding on such holder and upon all
future holders of this certificate and of any certificate issued upon the
transfer hereof or in exchange herefor or in lieu hereof whether or not notation
of such consent is made upon the certificate. The agreement also permits the
amendment thereof in certain circumstances without the consent of the holders of
any of the certificates and, in certain additional circumstances, without the
consent of the holders of certain classes of certificates. As provided in the
agreement and subject to certain limitations therein set forth, the transfer of
this certificate is registrable in the certificate register upon surrender of
this certificate for registration of transfer at the offices or agencies
appointed by the trustee in the city and state of New York, duly endorsed by, or
accompanied by an assignment in the form below or other written instrument of
transfer in form satisfactory to the trustee and the certificate registrar duly
executed by the holder hereof or such holder's attorney duly authorized in
writing, and thereupon one or more new certificates of authorized denominations
evidencing the same class and aggregate percentage interest will be issued to
the designated transferee or transferees.
The certificates are issuable only as registered certificates without
coupons in classes and in denominations specified in the agreement. As provided
in the agreement and subject to certain limitations therein set forth,
certificates are exchangeable for new certificates of authorized denominations
evidencing the same Class and aggregate percentage interest, as requested by the
holder surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the trustee may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The company, the master servicer, the trustee and the certificate
registrar and any agent of the company, the master servicer, the trustee or the
certificate registrar may treat the person in whose name this certificate is
registered as the owner hereof for all purposes, and neither the company, the
master servicer, the trustee nor any such agent shall be affected by notice to
the contrary.
This certificate shall be governed by and construed in accordance with
the laws of the state of New York.
The obligations created by the agreement in respect of the certificates
and the trust fund created thereby shall terminate upon the payment to
certificateholders of all amounts held by or on behalf of the trustee and
required to be paid to them pursuant to the agreement following the earlier of
(i) the maturity or other liquidation of the last mortgage loan subject thereto
or the disposition of all property acquired upon foreclosure or deed in lieu of
foreclosure of any mortgage loan and (ii) the purchase by the master servicer
from the trust fund of all remaining mortgage loans and all property acquired in
respect of such mortgage loans, thereby effecting early retirement of the
certificates. The agreement permits, but does not require, the master servicer
to (i) purchase at a price determined as provided in the agreement all remaining
mortgage loans and all property acquired in respect of any mortgage loan or (ii)
purchase in whole, but not in part, all of the certificates from the holders
thereof; provided, that any such option may only be exercised if the pool stated
principal balance of the mortgage loans as of the distribution date upon which
the proceeds of any such purchase are distributed is less than ten percent of
the cut-off date principal balance of the mortgage loans.
Reference is hereby made to the further provisions of this certificate
set forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.
Unless the certificate of authentication hereon has been executed by the
certificate registrar, by manual signature, this certificate shall not be
entitled to any benefit under the agreement or be valid for any purpose.
IN WITNESS WHEREOF, the trustee has caused this certificate to be duly
executed.
Dated:________________ [TRUSTEE],
as Trustee
By: _____________________
Authorized Signatory
CERTIFICATE OF AUTHENTICATION
This is one of the Class [A- ] Certificates referred to in the
within-mentioned Agreement.
[TRUSTEE],
as Certificate Registrar
By: ________________________
Authorized Signatory
ASSIGNMENT
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto (Please print or typewrite name and address including postal
zip code of assignee) a Percentage Interest evidenced by the within Mortgage
Pass- Through Certificate and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of the Trust Fund.
I (We) further direct the Certificate Registrar to issue a new
Certificate of a like denomination and Class, to the above named assignee and
deliver such Certificate to the following address:
Dated: ______________________ _____________________________________
Signature by or on behalf of assignor
_____________________________________
Signature Guaranteed
DISTRIBUTION INSTRUCTIONS
The assignee should include the following for purposes of distribution:
Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _______________________for the account of
__________________ account number ______________-, or, if mailed by check, to
____________________________. Applicable statements should be mailed to
________________________.
This information is provided by _____________________, the assignee
named above, or ________________, as its agent.
EXHIBIT B
FORM OF CLASS M CERTIFICATE
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR
CERTIFICATES [CLASS M-1 CERTIFICATES] [AND CLASS M-2 CERTIFICATES] AS DESCRIBED
IN THE AGREEMENT (AS DEFINED BELOW).
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A
"REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE
TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL
REVENUE CODE OF 1986 (THE "CODE").
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF
THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
ANY TRANSFEREE OF THIS CERTIFICATE WILL BE DEEMED TO HAVE REPRESENTED BY
VIRTUE OF ITS PURCHASE OR HOLDING OF THIS CERTIFICATE (OR INTEREST HEREIN) THAT
EITHER (A) SUCH TRANSFEREE IS NOT AN INVESTMENT MANAGER, A NAMED FIDUCIARY OR A
TRUSTEE OF ANY PLAN) ACTING, DIRECTLY OR INDIRECTLY, ON BEHALF OF OR PURCHASING
ANY CERTIFICATE WITH "PLAN ASSETS" OF ANY PLAN (A "PLAN INVESTOR"), (B) IT HAS
ACQUIRED AND IS HOLDING SUCH CERTIFICATE IN RELIANCE ON PROHIBITED TRANSACTION
EXEMPTION ("PTE") 94-29, 59 FED. REG. 14674 (MARCH 29, 1994), AS AMENDED BY PTE
97-34, 62 FED. REG. 39021 (JULY 21, 1997), AND PTE 2000-58, 65 FED. REG. 67765
(NOVEMBER 13, 2000) (THE "RFC EXEMPTION"), AND THAT IT UNDERSTANDS THAT THERE
ARE CERTAIN CONDITIONS TO THE AVAILABILITY OF THE RFC EXEMPTION INCLUDING THAT
SUCH CERTIFICATE MUST BE RATED, AT THE TIME OF PURCHASE, NOT LOWER THAN "BBB-"
(OR ITS EQUIVALENT) BY STANDARD & POOR'S, FITCH OR XXXXX'X OR (C)(I) THE
TRANSFEREE IS AN INSURANCE COMPANY, (II) THE SOURCE OF FUNDS TO BE USED BY IT TO
PURCHASE THE CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE
MEANING OF U.S. DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION
("PTCE") 95-60), AND (III) THE CONDITIONS SET FORTH IN SECTIONS I AND III OF
PTCE 95-60 HAVE BEEN SATISFIED (EACH ENTITY THAT SATISFIES THIS CLAUSE (C), A
"COMPLYING INSURANCE COMPANY").
IF THIS CERTIFICATE (OR ANY INTEREST HEREIN) IS ACQUIRED OR HELD IN
VIOLATION OF THE PROVISIONS OF THE PRECEDING PARAGRAPH, THEN THE LAST PRECEDING
TRANSFEREE THAT EITHER (I) IS NOT A PLAN INVESTOR, (II) ACQUIRED SUCH
CERTIFICATE IN COMPLIANCE WITH THE RFC EXEMPTION OR (III) IS A COMPLYING
INSURANCE COMPANY SHALL BE RESTORED, TO THE EXTENT PERMITTED BY LAW, TO ALL
RIGHTS AND OBLIGATIONS AS CERTIFICATE OWNER THEREOF RETROACTIVE TO THE DATE OF
SUCH TRANSFER OF THIS CERTIFICATE. THE TRUSTEE SHALL BE UNDER NO LIABILITY TO
ANY PERSON FOR MAKING ANY PAYMENTS DUE ON THIS CERTIFICATE TO SUCH PRECEDING
TRANSFEREE.
ANY PURPORTED CERTIFICATE OWNER WHOSE ACQUISITION OR HOLDING OF THIS
CERTIFICATE (OR INTEREST HEREIN) WAS EFFECTED IN VIOLATION OF THE RESTRICTIONS
IN SECTION 5.02(E) OF THE POOLING AND SERVICING AGREEMENT SHALL INDEMNIFY AND
HOLD HARMLESS THE COMPANY, THE TRUSTEE, THE MASTER SERVICER, ANY SUBSERVICER,
AND THE TRUST FUND FROM AND AGAINST ANY AND ALL LIABILITIES, CLAIMS, COSTS OR
EXPENSES INCURRED BY SUCH PARTIES AS A RESULT OF SUCH ACQUISITION OR HOLDING.
Certificate No. [____] [____]% Pass-Through Rate
Class [M-___] Subordinate
Date of Pooling and Servicing Agreement and Principal Balance of the Class M Certificates:
Cut-off Date: $_______________
[______________]
First Distribution Date: Initial Certificate Principal Balance of this
[______________] Certificate:
$[______________]
Master Servicer:
Residential Funding Corporation
Assumed Final Distribution Date: CUSIP
[______________] [______________]
MORTGAGE PASS-THROUGH CERTIFICATE,
SERIES ________
evidencing a percentage interest in any distributions allocable
to the Class M-___ Certificates with respect to the Trust Fund
consisting primarily of a pool of conventional one- to
four-family fixed interest rate first mortgage loans formed and
sold by RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
This Certificate is payable solely from the assets of the Trust Fund,
and does not represent an obligation of or interest in Residential Funding
Mortgage Securities I, Inc., the Master Servicer, the Trustee referred to below
or GMAC Mortgage Group, Inc. or any of their affiliates. Neither this
Certificate nor the underlying Mortgage Loans are guaranteed or insured by any
governmental agency or instrumentality or by Residential Funding Mortgage
Securities I, Inc., the Master Servicer, the Trustee or GMAC Mortgage Group,
Inc. or any of their affiliates. None of the Company, the Master Servicer, GMAC
Mortgage Group, Inc. or any of their affiliates will have any obligation with
respect to any certificate or other obligation secured by or payable from
payments on the Certificates.
This certifies that is the registered owner of the Percentage Interest
evidenced by this Certificate (obtained by dividing the Certificate Principal
Balance of this Certificate by the aggregate Certificate Principal Balance of
all Class M-___ Certificates, both as specified above) in certain distributions
with respect to a Trust Fund consisting primarily of a pool of conventional one-
to four-family fixed interest rate first mortgage loans (the "Mortgage Loans"),
formed and sold by Residential Funding Mortgage Securities I, Inc. (hereinafter
called the "Company," which term includes any successor entity under the
Agreement referred to below). The Trust Fund was created pursuant to a Series
Supplement, dated as specified above, to the Standard Terms of Pooling and
Servicing Agreement dated as of ________________ (together, the "Pooling and
Servicing Agreement" or the "Agreement") among the Company, the Master Servicer
and ___________, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth hereafter. To the extent not defined
herein, the capitalized terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing as
described in the Agreement, to the Person in whose name this Certificate is
registered at the close of business on the last day (or if such last day is not
a Business Day, the Business Day immediately preceding such last day) of the
month immediately preceding the month of such distribution (the "Record Date"),
from the Available Distribution Amount in an amount equal to the product of the
Percentage Interest evidenced by this Certificate and the amount (of interest
and principal, if any) required to be distributed to Holders of Class M-___
Certificates on such Distribution Date.
Distributions on this Certificate will be made either by the Master
Servicer acting on behalf of the Trustee or by a Paying Agent appointed by the
Trustee in immediately available funds (by wire transfer or otherwise) for the
account of the Person entitled thereto if such Person shall have so notified the
Master Servicer or such Paying Agent, or by check mailed to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register.
Notwithstanding the above, the final distribution on this Certificate
will be made after due notice of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency appointed
by the Trustee for that purpose in the City and State of New York. The Initial
Certificate Principal Balance of this Certificate is set forth above. The
Certificate Principal Balance hereof will be reduced to the extent of the
distributions allocable to principal and any Realized Losses allocable hereto.
As described above, any transferee of this Certificate will be deemed to
have represented by virtue of its purchase or holding of this Certificate (or
interest herein) that either (A) such transferee is not a Plan Investor, (B) it
has acquired and is holding this Certificate in reliance on the RFC Exemption
and that it understands that there are certain conditions to the availability of
the RFC Exemption including that this Certificate must be rated, at the time of
purchase, not lower than "BBB-" (or its equivalent) by Standard & Poor's, Fitch
or Xxxxx'x or (C) the transferee is a Complying Insurance Company. In addition,
any purported Certificate Owner whose acquisition or holding of this Certificate
(or interest herein) was effected in violation of the restrictions in Section
5.02(e) of the Agreement shall indemnify and hold harmless the Company, the
Trustee, the Master Servicer, any Subservicer, and the Trust Fund from and
against any and all liabilities, claims, costs or expenses incurred by such
parties as a result of such acquisition or holding.
This Certificate is one of a duly authorized issue of Certificates
issued in several Classes designated as Mortgage Pass-Through Certificates of
the Series specified hereon (herein collectively called the "Certificates").
The Certificates are limited in right of payment to certain collections
and recoveries respecting the Mortgage Loans, all as more specifically set forth
herein and in the Agreement. In the event Master Servicer funds are advanced
with respect to any Mortgage Loan, such advance is reimbursable to the Master
Servicer, to the extent provided in the Agreement, from related recoveries on
such Mortgage Loan or from other cash that would have been distributable to
Certificateholders.
As provided in the Agreement, withdrawals from the Custodial Account
and/or the Certificate Account created for the benefit of Certificateholders may
be made by the Master Servicer from time to time for purposes other than
distributions to Certificateholders, such purposes including without limitation
reimbursement to the Company and the Master Servicer of advances made, or
certain expenses incurred, by either of them.
The Agreement permits, with certain exceptions therein provided, the
amendment of the Agreement and the modification of the rights and obligations of
the Company, the Master Servicer and the Trustee and the rights of the
Certificateholders under the Agreement at any time by the Company, the Master
Servicer and the Trustee with the consent of the Holders of Certificates
evidencing in the aggregate not less than 66% of the Percentage Interests of
each Class of Certificates affected thereby. Any such consent by the Holder of
this Certificate shall be conclusive and binding on such Holder and upon all
future holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange herefor or in lieu hereof whether or not notation
of such consent is made upon the Certificate. The Agreement also permits the
amendment thereof in certain circumstances without the consent of the Holders of
any of the Certificates and, in certain additional circumstances, without the
consent of the Holders of certain Classes of Certificates.
As provided in the Agreement and subject to certain limitations therein
set forth, the transfer of this Certificate is registrable in the Certificate
Register upon surrender of this Certificate for registration of transfer at the
offices or agencies appointed by the Trustee in the City and State of New York,
duly endorsed by, or accompanied by an assignment in the form below or other
written instrument of transfer in form satisfactory to the Trustee and the
Certificate Registrar duly executed by the Holder hereof or such Xxxxxx's
attorney duly authorized in writing, and thereupon one or more new Certificates
of authorized denominations evidencing the same Class and aggregate Percentage
Interest will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in Classes and in denominations specified in the Agreement. As provided
in the Agreement and subject to certain limitations therein set forth,
Certificates are exchangeable for new Certificates of authorized denominations
evidencing the same Class and aggregate Percentage Interest, as requested by the
Holder surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Company, the Master Servicer, the Trustee and the Certificate
Registrar and any agent of the Company, the Master Servicer, the Trustee or the
Certificate Registrar may treat the Person in whose name this Certificate is
registered as the owner hereof for all purposes, and neither the
Company, the Master Servicer, the Trustee nor any such agent shall be affected
by notice to the contrary.
This Certificate shall be governed by and construed in accordance with
the laws of the State of New York.
The obligations created by the Agreement in respect of the Certificates
and the Trust Fund created thereby shall terminate upon the payment to
Certificateholders of all amounts held by or on behalf of the Trustee and
required to be paid to them pursuant to the Agreement following the earlier of
(i) the maturity or other liquidation of the last Mortgage Loan subject thereto
or the disposition of all property acquired upon foreclosure or deed in lieu of
foreclosure of any Mortgage Loan and (ii) the purchase by the Master Servicer
from the Trust Fund of all remaining Mortgage Loans and all property acquired in
respect of such Mortgage Loans, thereby effecting early retirement of the
Certificates. The Agreement permits, but does not require, the Master Servicer
to (i) purchase at a price determined as provided in the Agreement all remaining
Mortgage Loans and all property acquired in respect of any Mortgage Loan or (ii)
purchase in whole, but not in part, all of the Certificates from the Holders
thereof; provided, that any such option may only be exercised if the Pool Stated
Principal Balance of the Mortgage Loans as of the Distribution Date upon which
the proceeds of any such purchase are distributed is less than ten percent of
the Cut-off Date Principal Balance of the Mortgage Loans.
Unless the certificate of authentication hereon has been executed by the
Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
IN WITNESS WHEREOF, the trustee has caused this certificate to be duly
executed.
Dated:________________ [TRUSTEE],
as Trustee
By:____________________
Authorized Signatory
CERTIFICATE OF AUTHENTICATION
This is one of the Class [M- ] Certificates referred to in the
within-mentioned Agreement.
[TRUSTEE],
as Certificate Registrar
By:______________________
Authorized Signatory
ASSIGNMENT
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto (Please print or typewrite name and address including postal
zip code of assignee) a Percentage Interest evidenced by the within Mortgage
Pass- Through Certificate and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of the Trust Fund.
I (We) further direct the Certificate Registrar to issue a new
Certificate of a like denomination and Class, to the above named assignee and
deliver such Certificate to the following address:
Dated: ______________________ _____________________________________
Signature by or on behalf of assignor
_____________________________________
Signature Guaranteed
DISTRIBUTION INSTRUCTIONS
The assignee should include the following for purposes of distribution:
Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _______________________for the account of
__________________ account number ______________-, or, if mailed by check, to
____________________________. Applicable statements should be mailed to
________________________.
This information is provided by _____________________, the assignee
named above, or ________________, as its agent.
EXHIBIT C
FORM OF CLASS B CERTIFICATE
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR
CERTIFICATES AND CLASS M CERTIFICATES [AND CLASS B-1] [CLASS B-2 CERTIFICATES]
DESCRIBED IN THE AGREEMENT (AS DEFINED HEREIN).
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY
NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND
LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM
REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN
ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT.
NO TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE
TRANSFEREE PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION 5.02(E) OF THE
AGREEMENT OR AN OPINION OF COUNSEL SATISFACTORY TO THE MASTER SERVICER, THE
COMPANY AND THE TRUSTEE THAT THE PURCHASE OF THIS CERTIFICATE WILL NOT
CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF
THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR
SECTION 4975 OF THE CODE AND WILL NOT SUBJECT THE MASTER SERVICER, THE COMPANY
OR THE TRUSTEE TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN
THE AGREEMENT.
Certificate No. [____] [____]% Pass-Through Rate
Class [B-___] Subordinate
Date of Pooling and Servicing Agreement and Principal Balance of the Class B-___
Cut-off Date: Certificates as of the Cut-off Date: $________
[______________]
First Distribution Date: Initial Certificate Principal Balance of this
[______________] Certificate:
$[______________]
Master Servicer:
Residential Funding Corporation
Assumed Final Distribution Date: CUSIP
[______________] [______________]
MORTGAGE PASS-THROUGH CERTIFICATE,
SERIES _______
evidencing a percentage interest in any distributions allocable
to the Class B-___ Certificates with respect to the Trust Fund
consisting primarily of a pool of conventional one- to
four-family fixed interest rate first mortgage loans formed and
sold by RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
This Certificate is payable solely from the assets of the Trust Fund,
and does not represent an obligation of or interest in Residential Funding
Mortgage Securities I, Inc., the Master Servicer, the Trustee referred to below
or GMAC Mortgage Group, Inc. or any of their affiliates. Neither this
Certificate nor the underlying Mortgage Loans are guaranteed or insured by any
governmental agency or instrumentality or by Residential Funding Mortgage
Securities I, Inc., the Master Servicer, the Trustee or GMAC Mortgage Group,
Inc. or any of their affiliates. None of the Company, the Master Servicer, GMAC
Mortgage Group, Inc. or any of their affiliates will have any obligation with
respect to any certificate or other obligation secured by or payable from
payments on the Certificates.
This certifies that _______________________ is the registered owner of
the Percentage Interest evidenced by this Certificate (obtained by dividing the
Certificate Principal Balance of this Certificate by the aggregate Certificate
Principal Balance of all Class B-___ Certificates, both as specified above) in
certain distributions with respect to a Trust Fund consisting primarily of a
pool of conventional one- to four-family fixed interest rate first mortgage
loans (the "Mortgage Loans"), formed and sold by Residential Funding Mortgage
Securities I, Inc. (hereinafter called the "Company," which term includes any
successor entity under the Agreement referred to below). The Trust Fund was
created pursuant to a Series Supplement, dated as specified above, to the
Standard
Terms of Pooling and Servicing Agreement dated as of ________________ (together,
the "Pooling and Servicing Agreement" or the "Agreement") among the Company, the
Master Servicer and ___________, as trustee (the "Trustee"), a summary of
certain of the pertinent provisions of which is set forth hereafter. To the
extent not defined herein, the capitalized terms used herein have the meanings
assigned in the Agreement. This Certificate is issued under and is subject to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Certificate by virtue of the acceptance hereof assents and by
which such Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last day (or if such
last day is not a Business Day, the Business Day immediately preceding such last
day) of the month next preceding the month of such distribution (the "Record
Date"), from the Available Distribution Amount in an amount equal to the product
of the Percentage Interest evidenced by this Certificate and the amount (of
interest and principal, if any) required to be distributed to Holders of Class B
Certificates on such Distribution Date.
Distributions on this Certificate will be made either by the Master
Servicer acting on behalf of the Trustee or by a Paying Agent appointed by the
Trustee in immediately available funds (by wire transfer or otherwise) for the
account of the Person entitled thereto if such Person shall have so notified the
Master Servicer or such Paying Agent, or by check mailed to the address of the
Person entitled thereto, as such name and address shall appear on the
Certificate Register.
Notwithstanding the above, the final distribution on this Certificate
will be made after due notice of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency appointed
by the Trustee for that purpose in the City and State of New York. The Initial
Certificate Principal Balance of this Certificate is set forth above. The
Certificate Principal Balance hereof will be reduced to the extent of the
distributions allocable to principal and any Realized Losses allocable hereto.
No transfer of this Class B Certificate will be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that such a transfer is to be
made, (i) the Trustee or the Company may require an opinion of counsel
acceptable to and in form and substance satisfactory to the Trustee and the
Company that such transfer is exempt (describing the applicable exemption and
the basis therefor) from or is being made pursuant to the registration
requirements of the Securities Act of 1933, as amended, and of any applicable
statute of any state and (ii) the transferee shall execute an investment letter
in the form described by Section 5.02(e) of the Agreement. The Holder hereof
desiring to effect such transfer shall, and does hereby agree to, indemnify the
Trustee, the Company, the Master Servicer and the Certificate Registrar acting
on behalf of the Trustee against any liability that may result if the transfer
is not so exempt or is not made in accordance with such Federal and state laws.
In connection with any such transfer, the Trustee will also require either (i)
an opinion of counsel acceptable to and in form and substance satisfactory to
the Trustee, the Company and the Master Servicer with respect to the
permissibility of such transfer under the Employee Retirement Income Security
Act of 1974, as amended
("ERISA"), and Section 4975 of the Internal Revenue Code (the "Code") and
stating, among other things, that the transferee's acquisition of a Class B
Certificate will not constitute or result in a non-exempt prohibited transaction
under Section 406 of ERISA or Section 4975 of the Code or (ii) a representation
letter, in the form as described by the Agreement, either stating that the
transferee is not an employee benefit or other plan subject to the prohibited
transaction provisions of ERISA or Section 4975 of the Code (a "Plan"), or any
other person (including an investment manager, a named fiduciary or a trustee of
any Plan) acting, directly or indirectly, on behalf of or purchasing any
Certificate with "plan assets" of any Plan, or stating that the transferee is an
insurance company, the source of funds to be used by it to purchase the
Certificate is an "insurance company general account" (within the meaning of
Department of Labor Prohibited Transaction Class Exemption ("PTCE") 95-60), and
the purchase is being made in reliance upon the availability of the exemptive
relief afforded under Sections I and III of PTCE 95-60.
This Certificate is one of a duly authorized issue of Certificates
issued in several Classes designated as Mortgage Pass-Through Certificates of
the Series specified hereon (herein collectively called the "Certificates").
The Certificates are limited in right of payment to certain collections
and recoveries respecting the Mortgage Loans, all as more specifically set forth
herein and in the Agreement. In the event Master Servicer funds are advanced
with respect to any Mortgage Loan, such advance is reimbursable to the Master
Servicer, to the extent provided in the Agreement, from related recoveries on
such Mortgage Loan or from other cash that would have been distributable to
Certificateholders.
As provided in the Agreement, withdrawals from the Custodial Account
and/or the Certificate Account created for the benefit of Certificateholders may
be made by the Master Servicer from time to time for purposes other than
distributions to Certificateholders, such purposes including without limitation
reimbursement to the Company and the Master Servicer of advances made, or
certain expenses incurred, by either of them.
The Agreement permits, with certain exceptions therein provided, the
amendment of the Agreement and the modification of the rights and obligations of
the Company, the Master Servicer and the Trustee and the rights of the
Certificateholders under the Agreement at any time by the Company, the Master
Servicer and the Trustee with the consent of the Holders of Certificates
evidencing in the aggregate not less than 66% of the Percentage Interests of
each Class of Certificates affected thereby. Any such consent by the Holder of
this Certificate shall be conclusive and binding on such Holder and upon all
future holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange herefor or in lieu hereof whether or not notation
of such consent is made upon the Certificate. The Agreement also permits the
amendment thereof in certain circumstances without the consent of the Holders of
any of the Certificates and, in certain additional circumstances, without the
consent of the Holders of certain Classes of Certificates.
As provided in the Agreement and subject to certain limitations therein
set forth, the transfer of this Certificate is registrable in the Certificate
Register upon surrender of this Certificate for registration of transfer at the
offices or agencies appointed by the Trustee in the City and State of New York,
duly endorsed by, or accompanied by an assignment in the form below or other
written instrument of transfer in form satisfactory to the Trustee and the
Certificate Registrar duly executed
by the Holder hereof or such Xxxxxx's attorney duly authorized in writing, and
thereupon one or more new Certificates of authorized denominations evidencing
the same Class and aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in Classes and in denominations specified in the Agreement. As provided
in the Agreement and subject to certain limitations therein set forth,
Certificates are exchangeable for new Certificates of authorized denominations
evidencing the same Class and aggregate Percentage Interest, as requested by the
Holder surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Company, the Master Servicer, the Trustee and the Certificate
Registrar and any agent of the Company, the Master Servicer, the Trustee or the
Certificate Registrar may treat the Person in whose name this Certificate is
registered as the owner hereof for all purposes, and neither the Company, the
Master Servicer, the Trustee nor any such agent shall be affected by notice to
the contrary.
This Certificate shall be governed by and construed in accordance with
the laws of the State of New York.
The obligations created by the Agreement in respect of the Certificates
and the Trust Fund created thereby shall terminate upon the payment to
Certificateholders of all amounts held by or on behalf of the Trustee and
required to be paid to them pursuant to the Agreement following the earlier of
(i) the maturity or other liquidation of the last Mortgage Loan subject thereto
or the disposition of all property acquired upon foreclosure or deed in lieu of
foreclosure of any Mortgage Loan and (ii) the purchase by the Master Servicer
from the Trust Fund of all remaining Mortgage Loans and all property acquired in
respect of such Mortgage Loans, thereby effecting early retirement of the
Certificates. The Agreement permits, but does not require, the Master Servicer
to (i) purchase at a price determined as provided in the Agreement all remaining
Mortgage Loans and all property acquired in respect of any Mortgage Loan or (ii)
purchase in whole, but not in part, all of the Certificates from the Holders
thereof; provided, that any such option may only be exercised if the Pool Stated
Principal Balance of the Mortgage Loans as of the Distribution Date upon which
the proceeds of any such purchase are distributed is less than ten percent of
the Cut-off Date Principal Balance of the Mortgage Loans.
Unless the certificate of authentication hereon has been executed by the
Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
IN WITNESS WHEREOF, the trustee has caused this certificate to be duly
executed.
Dated:________________ [TRUSTEE],
as Trustee
By: _____________________
Authorized Signatory
CERTIFICATE OF AUTHENTICATION
This is one of the Class B-___ Certificates referred to in the
within-mentioned Agreement.
[TRUSTEE],
as Certificate Registrar
By: ____________________
Authorized Signatory
ASSIGNMENT
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto (Please print or typewrite name and address including postal
zip code of assignee) a Percentage Interest evidenced by the within Mortgage
Pass- Through Certificate and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of the Trust Fund.
I (We) further direct the Certificate Registrar to issue a new
Certificate of a like denomination and Class, to the above named assignee and
deliver such Certificate to the following address:
Dated: ______________________ _____________________________________
Signature by or on behalf of assignor
_____________________________________
Signature Guaranteed
DISTRIBUTION INSTRUCTIONS
The assignee should include the following for purposes of distribution:
Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _______________________for the account of
__________________ account number ______________-, or, if mailed by check, to
____________________________. Applicable statements should be mailed to
________________________.
This information is provided by _____________________, the assignee
named above, or ________________, as its agent.
EXHIBIT D
FORM OF CLASS R CERTIFICATE
THIS CERTIFICATE MAY NOT BE HELD BY OR TRANSFERRED TO A NON- UNITED
STATES PERSON OR A DISQUALIFIED ORGANIZATION (AS DEFINED BELOW).
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A
"RESIDUAL INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" AS THOSE
TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL
REVENUE CODE OF 1986 (THE "CODE").
NO TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE
TRANSFEREE PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION 5.02(E) OF THE
AGREEMENT OR AN OPINION OF COUNSEL SATISFACTORY TO THE MASTER SERVICER, THE
COMPANY AND THE TRUSTEE THAT THE PURCHASE OF THIS CERTIFICATE WILL NOT
CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF
THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR
SECTION 4975 OF THE CODE AND WILL NOT SUBJECT THE MASTER SERVICER, THE COMPANY
OR THE TRUSTEE TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN
THE AGREEMENT.
ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE
MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE MASTER
SERVICER AND THE TRUSTEE THAT (1) SUCH TRANSFEREE IS NOT (A) THE UNITED STATES,
ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY POSSESSION OF THE UNITED STATES,
OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING (OTHER THAN AN
INSTRUMENTALITY WHICH IS A CORPORATION IF ALL OF ITS ACTIVITIES ARE SUBJECT TO
TAX AND EXCEPT FOR FREDDIE MAC, A MAJORITY OF ITS BOARD OF DIRECTORS IS NOT
SELECTED BY SUCH GOVERNMENTAL UNIT), (B) A FOREIGN GOVERNMENT, ANY INTERNATIONAL
ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF EITHER OF THE FOREGOING, (C)
ANY ORGANIZATION (OTHER THAN CERTAIN FARMERS' COOPERATIVES DESCRIBED IN SECTION
521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE
UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE
CODE (INCLUDING THE TAX IMPOSED BY SECTION 511 OF THE CODE ON UNRELATED BUSINESS
TAXABLE INCOME), (D) RURAL ELECTRIC AND TELEPHONE COOPERATIVES DESCRIBED IN
SECTION 1381(A)(2)(C) OF THE CODE, (E) AN ELECTING LARGE PARTNERSHIP UNDER
SECTION 775(A) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES
(A), (B), (C), (D) OR (E) BEING HEREIN REFERRED TO AS A "DISQUALIFIED
ORGANIZATION"), OR (F) AN AGENT OF A DISQUALIFIED ORGANIZATION, (2) NO PURPOSE
OF SUCH TRANSFER IS TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX AND (3) SUCH
TRANSFEREE SATISFIES CERTAIN ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL
CONDITION OF THE PROPOSED TRANSFEREE.
NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OR ANY TRANSFER,
SALE OR OTHER DISPOSITION OF THIS CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR
AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE
OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE
A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO,
THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF THIS
CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED
TO THE PROVISIONS OF THIS PARAGRAPH.
Certificate No. [____] [____]% Pass-Through Rate
Class [R-___] Senior
Date of Pooling and Servicing Agreement and Aggregate Initial Certificate Principal Balance
Cut-off Date: of the Class R-___ Certificates: $100.00
[______________]
First Distribution Date: Initial Certificate Principal Balance of this
[______________] Certificate:
$[______________]
Master Servicer: Percentage Interest: _____%
Residential Funding Corporation
Assumed Final Distribution Date: CUSIP
[______________] [______________]
MORTGAGE PASS-THROUGH CERTIFICATE,
SERIES _______
evidencing a percentage interest in any distributions allocable
to the Class R[-__] Certificates with respect to the Trust Fund
consisting primarily of a pool of conventional one- to
four-family fixed interest rate first mortgage loans formed and
sold by RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
This Certificate is payable solely from the assets of the Trust Fund,
and does not represent an obligation of or interest in Residential Funding
Mortgage Securities I, Inc., the Master Servicer, the Trustee referred to below
or GMAC Mortgage Group, Inc. or any of their affiliates. Neither this
Certificate nor the underlying Mortgage Loans are guaranteed or insured by any
governmental agency or instrumentality or by Residential Funding Mortgage
Securities I, Inc., the Master Servicer, the Trustee or GMAC Mortgage Group,
Inc. or any of their affiliates. None of the Company, the Master Servicer, GMAC
Mortgage Group, Inc. or any of their affiliates will have any obligation with
respect to any certificate or other obligation secured by or payable from
payments on the Certificates.
This certifies that is the registered owner of the Percentage Interest
evidenced by this Certificate (obtained by dividing the Initial Certificate
Principal Balance of this Certificate by the aggregate Initial Certificate
Principal Balance of all Class R[-__] Certificates, both as specified above) in
certain distributions with respect to the Trust Fund consisting primarily of a
pool of conventional one- to four-family fixed interest rate first mortgage
loans (the "Mortgage Loans"), formed and sold by Residential Funding Mortgage
Securities I, Inc. (hereinafter called the "Company," which term includes any
successor entity under the Agreement referred to below). The Trust Fund was
created pursuant to a Series Supplement, dated as specified above, to the
Standard
Terms of Pooling and Servicing Agreement dated as of ________________ (together,
the "Pooling and Servicing Agreement" or the "Agreement") among the Company, the
Master Servicer and ___________, as trustee (the "Trustee"), a summary of
certain of the pertinent provisions of which is set forth hereafter. To the
extent not defined herein, the capitalized terms used herein have the meanings
assigned in the Agreement. This Certificate is issued under and is subject to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Certificate by virtue of the acceptance hereof assents and by
which such Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made on
the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing as
described in the Agreement, to the Person in whose name this Certificate is
registered at the close of business on the last day (or if such last day is not
a Business Day, the Business Day immediately preceding such last day) of the
month immediately preceding the month of such distribution (the "Record Date"),
from the Available Distribution Amount in an amount equal to the product of the
Percentage Interest evidenced by this Certificate and the amount (of interest
and principal, if any) required to be distributed to Holders of Class R
Certificates on such Distribution Date.
Each Holder of this Certificate will be deemed to have agreed to be
bound by the restrictions set forth in the Agreement to the effect that (i) each
person holding or acquiring any Ownership Interest in this Certificate must be a
United States Person and a Permitted Transferee, (ii) the transfer of any
Ownership Interest in this Certificate will be conditioned upon the delivery to
the Trustee of, among other things, an affidavit to the effect that it is a
United States Person and Permitted Transferee, (iii) any attempted or purported
transfer of any Ownership Interest in this Certificate in violation of such
restrictions will be absolutely null and void and will vest no rights in the
purported transferee, and (iv) if any person other than a United States Person
and a Permitted Transferee acquires any Ownership Interest in this Certificate
in violation of such restrictions, then the Company will have the right, in its
sole discretion and without notice to the Holder of this Certificate, to sell
this Certificate to a purchaser selected by the Company, which purchaser may be
the Company, or any affiliate of the Company, on such terms and conditions as
the Company may choose.
Notwithstanding the above, the final distribution on this Certificate
will be made after due notice of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency appointed
by the Trustee for that purpose in the City and State of New York. The Initial
Certificate Principal Balance of this Certificate is set forth above. The
Certificate Principal Balance hereof will be reduced to the extent of
distributions allocable to principal and any Realized Losses allocable hereto.
Notwithstanding the reduction of the Certificate Principal Balance hereof to
zero, this Certificate will remain outstanding under the Agreement and the
Holder hereof may have additional obligations with respect to this Certificate,
including tax liabilities, and may be entitled to certain additional
distributions hereon, in accordance with the terms and provisions of the
Agreement.
No transfer of this Class R[-__] Certificate will be made unless the
Trustee has received either (i) an opinion of counsel acceptable to and in form
and substance satisfactory to the Trustee, the Company and the Master Servicer
with respect to the permissibility of such transfer under the Employee
Retirement Income Security Act of 1974, as amended ("ERISA"), and Section 4975
of
the Internal Revenue Code (the "Code") and stating, among other things, that the
transferee's acquisition of a Class R Certificate will not constitute or result
in a non-exempt prohibited transaction under Section 406 of ERISA or Section
4975 of the Code or (ii) a representation letter, in the form as described by
the Agreement, stating that the transferee is not an employee benefit or other
plan subject to the prohibited transaction provisions of ERISA or Section 4975
of the Code (a "Plan"), or any other person (including an investment manager, a
named fiduciary or a trustee of any Plan) acting, directly or indirectly, on
behalf of or purchasing any Certificate with "plan assets" of any Plan.
This Certificate is one of a duly authorized issue of Certificates
issued in several Classes designated as Mortgage Pass-Through Certificates of
the Series specified hereon (herein collectively called the "Certificates").
The Certificates are limited in right of payment to certain collections
and recoveries respecting the Mortgage Loans, all as more specifically set forth
herein and in the Agreement. In the event Master Servicer funds are advanced
with respect to any Mortgage Loan, such advance is reimbursable to the Master
Servicer, to the extent provided in the Agreement, from related recoveries on
such Mortgage Loan or from other cash that would have been distributable to
Certificateholders.
As provided in the Agreement, withdrawals from the Custodial Account
and/or the Certificate Account created for the benefit of Certificateholders may
be made by the Master Servicer from time to time for purposes other than
distributions to Certificateholders, such purposes including without limitation
reimbursement to the Company and the Master Servicer of advances made, or
certain expenses incurred, by either of them.
The Agreement permits, with certain exceptions therein provided, the
amendment of the Agreement and the modification of the rights and obligations of
the Company, the Master Servicer and the Trustee and the rights of the
Certificateholders under the Agreement at any time by the Company, the Master
Servicer and the Trustee with the consent of the Holders of Certificates
evidencing in the aggregate not less than 66% of the Percentage Interests of
each Class of Certificates affected thereby. Any such consent by the Holder of
this Certificate shall be conclusive and binding on such Holder and upon all
future holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange herefor or in lieu hereof whether or not notation
of such consent is made upon the Certificate. The Agreement also permits the
amendment thereof in certain circumstances without the consent of the Holders of
any of the Certificates and, in certain additional circumstances, without the
consent of the Holders of certain Classes of Certificates.
As provided in the Agreement and subject to certain limitations therein
set forth, the transfer of this Certificate is registrable in the Certificate
Register upon surrender of this Certificate for registration of transfer at the
offices or agencies appointed by the Trustee in the City and State of New York,
duly endorsed by, or accompanied by an assignment in the form below or other
written instrument of transfer in form satisfactory to the Trustee and the
Certificate Registrar duly executed by the Holder hereof or such Xxxxxx's
attorney duly authorized in writing, and thereupon one or more new Certificates
of authorized denominations evidencing the same Class and aggregate Percentage
Interest will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in Classes and in denominations specified in the Agreement. As provided
in the Agreement and subject to certain limitations therein set forth,
Certificates are exchangeable for new Certificates of authorized denominations
evidencing the same class and aggregate Percentage Interest, as requested by the
Holder surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Company, the Master Servicer, the Trustee and the Certificate
Registrar and any agent of the Company, the Master Servicer, the Trustee or the
Certificate Registrar may treat the Person in whose name this Certificate is
registered as the owner hereof for all purposes, and neither the Company, the
Master Servicer, the Trustee nor any such agent shall be affected by notice to
the contrary.
This Certificate shall be governed by and construed in accordance with
the laws of the State of New York.
The obligations created by the Agreement in respect of the Certificates
and the Trust Fund created thereby shall terminate upon the payment to
Certificateholders of all amounts held by or on behalf of the Trustee and
required to be paid to them pursuant to the Agreement following the earlier of
(i) the maturity or other liquidation of the last Mortgage Loan subject thereto
or the disposition of all property acquired upon foreclosure or deed in lieu of
foreclosure of any Mortgage Loan and (ii) the purchase by the Master Servicer
from the Trust Fund of all remaining Mortgage Loans and all property acquired in
respect of such Mortgage Loans, thereby effecting early retirement of the
Certificates. The Agreement permits, but does not require, the Master Servicer
to (i) purchase at a price determined as provided in the Agreement all remaining
Mortgage Loans and all property acquired in respect of any Mortgage Loan or (ii)
purchase in whole, but not in part, all of the Certificates from the Holders
thereof; provided, that any such option may only be exercised if the Pool Stated
Principal Balance of the Mortgage Loans as of the Distribution Date upon which
the proceeds of any such purchase are distributed is less than ten percent of
the Cut-off Date Principal Balance of the Mortgage Loans.
Reference is hereby made to the further provisions of this Certificate
set forth on the reverse hereof, which further provisions shall for all purpose
have the same effect as if set forth at this place.
Unless the certificate of authentication hereon has been executed by the
Certificate Registrar, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
IN WITNESS WHEREOF, the trustee has caused this certificate to be duly
executed.
Dated:________________ [TRUSTEE],
as Trustee
By:
Authorized Signatory
CERTIFICATE OF AUTHENTICATION
This is one of the Class [R- ] Certificates referred to in the
within-mentioned Agreement.
[TRUSTEE],
as Certificate Registrar
By:
Authorized Signatory
ASSIGNMENT
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto (Please print or typewrite name and address including postal
zip code of assignee) a Percentage Interest evidenced by the within Mortgage
Pass- Through Certificate and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of the Trust Fund.
I (We) further direct the Certificate Registrar to issue a new
Certificate of a like denomination and Class, to the above named assignee and
deliver such Certificate to the following address:
Dated: ______________________ _____________________________________
Signature by or on behalf of assignor
_____________________________________
Signature Guaranteed
DISTRIBUTION INSTRUCTIONS
The assignee should include the following for purposes of distribution:
Distributions shall be made, by wire transfer or otherwise, in
immediately available funds to _______________________for the account of
__________________ account number ______________-, or, if mailed by check, to
____________________________. Applicable statements should be mailed to
________________________.
This information is provided by _____________________, the assignee
named above, or ________________, as its agent.
EXHIBIT E
FORM OF SELLER/SERVICER CONTRACT
This Seller/Servicer Contract (as may be amended, supplemented or
otherwise modified from time to time, this "Contract") is made this day of
_____________, 20__, by and between Residential Funding Corporation, its
successors and assigns ("Residential Funding") and (the "Seller/Servicer," and,
together with Residential Funding, the "parties" and each, individually, a
"party").
WHEREAS, the Seller/Servicer desires to sell Loans to, and/or service
Loans for, Residential Funding, and Residential Funding desires to purchase
Loans from the Seller/Servicer and/or have the Seller/Servicer service various
of its Loans, pursuant to the terms of this Contract and the Residential Funding
Seller and Servicer Guides incorporated herein by reference, as amended,
supplemented or otherwise modified, from time to time (together, the "Guides").
NOW, THEREFORE, in consideration of the premises, and the terms,
conditions and agreements set forth below, the parties agree as follows:
1. INCORPORATION OF GUIDES BY REFERENCE.
The Seller/Servicer acknowledges that it has received and read the
Guides. All provisions of the Guides are incorporated by reference into and made
a part of this Contract, and shall be binding upon the parties; provided,
however, that the Seller/Servicer shall be entitled to sell Loans to and/or
service Loans for Residential Funding only if and for so long as it shall have
been authorized to do so by Residential Funding in writing. Specific reference
in this Contract to particular provisions of the Guides and not to other
provisions does not mean that those provisions of the Guides not specifically
cited in this Contract are not applicable. All terms used herein shall have the
same meanings as such terms have in the Guides, unless the context clearly
requires otherwise.
2. AMENDMENTS.
This Contract may not be amended or modified orally, and no provision of
this Contract may be waived or amended except in writing signed by the party
against whom enforcement is sought. Such a written waiver or amendment must
expressly reference this Contract. However, by their terms, the Guides may be
amended or supplemented by Residential Funding from time to time. Any such
amendment(s) to the Guides shall be binding upon the parties hereto.
3. REPRESENTATIONS AND WARRANTIES.
a. Reciprocal Representations and Warranties.
The Seller/Servicer and Residential Funding each represents and warrants
to the other that as of the date of this Contract:
(1) Each party is duly organized, validly existing, and in
good standing under the laws of its jurisdiction of
organization, is qualified, if necessary, to do business
and in good standing in each jurisdiction in which it is
required to be so qualified, and has the requisite power
and authority to enter into this Contract and all other
agreements which are contemplated by this Contract and to
carry out its obligations hereunder and under the Guides
and under such other agreements.
(2) This Contract has been duly authorized, executed and
delivered by each party and constitutes a valid and
legally binding agreement of each party enforceable in
accordance with its terms.
(3) There is no action, proceeding or investigation pending or
threatened, and no basis therefor is known to either
party, that could affect the validity or prospective
validity of this Contract.
(4) Insofar as its capacity to carry out any obligation under
this Contract is concerned, neither party is in violation
of any charter, articles of incorporation, bylaws,
mortgage, indenture, indebtedness, agreement, instrument,
judgment, decree, order, statute, rule or regulation and
none of the foregoing adversely affects its capacity to
fulfill any of its obligations under this Contract. Its
execution of, and performance pursuant to, this Contract
will not result in a violation of any of the foregoing.
b. Seller/Servicer's Representations, Warranties and Covenants.
In addition to the representations, warranties and covenants made
by the Seller/Servicer pursuant to subparagraph (a) of this
paragraph 3, the Seller/Servicer makes the representations,
warranties and covenants set forth in the Guides and, upon
request, agrees to deliver to Residential Funding the certified
Resolution of Board of Directors which authorizes the execution
and delivery of this Contract.
4. REMEDIES OF RESIDENTIAL FUNDING.
If an Event of Seller Default or an Event of Servicer Default shall
occur, Residential Funding may, at its option, exercise one or more of those
remedies set forth in the Guides.
5. SELLER/SERVICER'S STATUS AS INDEPENDENT CONTRACTOR.
At no time shall the Seller/Servicer represent that it is acting as an
agent of Residential Funding. The Seller/Servicer shall, at all times, act as an
independent contractor.
6. PRIOR AGREEMENTS SUPERSEDED.
This Contract restates, amends and supersedes any and all prior Seller
Contracts or Servicer Contracts between the parties except that any subservicing
agreement executed by the Seller/Servicer in connection with any loan-security
exchange transaction shall not be affected.
7. ASSIGNMENT.
This Contract may not be assigned or transferred, in whole or in part,
by the Seller/Servicer without the prior written consent of Residential Funding.
Residential Funding may sell, assign, convey, hypothecate, pledge or in any
other way transfer, in whole or in part, without restriction, its rights under
this Contract and the Guides with respect to any Commitment or Loan.
8. NOTICES.
All notices, requests, demands or other communications that are to be
given under this Contract shall be in writing, addressed to the appropriate
parties and sent by telefacsimile or by overnight courier or by United States
mail, postage prepaid, to the addresses and telefacsimile numbers specified
below. However, another name, address and/or telefacsimile number may be
substituted by the Seller/Servicer pursuant to the requirements of this
paragraph 8, or Residential Funding pursuant to an amendment to the Guides.
If to Residential Funding, notices must be sent to the appropriate address or
telefacsimile number specified in the Guides.
If to the Seller/Servicer, notice must be sent to:
Attention:
Telefacsimile Number: (_____) _____-_________
9. JURISDICTION AND VENUE.
Each of the parties irrevocably submits to the jurisdiction of any state
or federal court located in Hennepin County, Minnesota, over any action, suit or
proceeding to enforce or defend any right under this Contract or otherwise
arising from any loan sale or servicing relationship existing in connection with
this Contract, and each of the parties irrevocably agrees that all claims in
respect of any such action or proceeding may be heard or determined in such
state or federal court. Each of the parties irrevocably waives the defense of an
inconvenient forum to the maintenance of any such action or proceeding and any
other substantive or procedural rights or remedies it may have with respect to
the maintenance of any such action or proceeding in any such forum. Each of the
parties agrees that a final judgment in any such action or proceeding shall be
conclusive and may be
enforced in any other jurisdiction by suit on the judgment or in any other
manner provided by law. Each of the parties further agrees not to institute any
legal actions or proceedings against the other party or any director, officer,
employee, attorney, agent or property of the other party, arising out of or
relating to this Contract in any court other than as hereinabove specified in
this paragraph 9.
10. MISCELLANEOUS.
This Contract, including all documents incorporated by reference herein,
constitutes the entire understanding between the parties hereto and supersedes
all other agreements, covenants, representations, warranties, understandings and
communications between the parties, whether written or oral, with respect to the
transactions contemplated by this Contract. All paragraph headings contained
herein are for convenience only and shall not be construed as part of this
Contract. Any provision of this Contract that is prohibited or unenforceable in
any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such prohibition or unenforceability without invalidating the remaining portions
hereof or affecting the validity or enforceability of such provision in any
other jurisdiction, and, to this end, the provisions hereof are severable. This
Contract shall be governed by, and construed and enforced in accordance with,
applicable federal laws and the laws of the State of Minnesota.
IN WITNESS WHEREOF, the duly authorized officers of the Seller/Servicer
and Residential Funding have executed this Seller/Servicer Contract as of the
date first above written.
ATTEST: SELLER/SERVICER
[Corporate Seal]
(Name of Seller/Servicer)
By: By:
(Signature) (Signature) By: By:
(Typed Name) (Typed Name)
Title: Title:
==================================== ======= ===================================
ATTEST: RESIDENTIAL FUNDING CORPORATION
[Corporate Seal]
By: By:
(Signature) (Signature) By: By:
(Typed Name) (Typed Name)
Title: Title:
EXHIBIT F
FORMS OF REQUEST FOR RELEASE
DATE:
TO:
RE: REQUEST FOR RELEASE OF DOCUMENTS
In connection with the administration of the pool of Mortgage Loans held by you
for the referenced pool, we request the release of the Mortgage Loan File
described below.
Series Supplement, to the Standard Terms of Pooling and Servicing Agreement,
Dated:
Series#:
Account#:
Pool#:
Loan#:
Borrower Name(s):
Reason for Document Request: (circle one)
Mortgage Loan Prepaid in Full Mortgage Loan Repurchased
"We hereby certify that all amounts received or to be received in connection
with such payments which are required to be deposited have been or will be so
deposited as provided in the Pooling and Servicing Agreement."
Residential Funding Corporation
Authorized Signature
******************************************************************************
TO CUSTODIAN/TRUSTEE: Please acknowledge this request, and check off documents
being enclosed with a copy of this form. You should retain this form for your
files in accordance with the terms of the Pooling and Servicing Agreement.
Enclosed Documents: [ ] Promissory Note
[ ] Primary Insurance Policy
[ ] Mortgage or Deed of Trust
[ ] Assignment(s) of Mortgage or Deed of Trust
[ ] Title Insurance Policy
[ ] Other:
Name:
Title:
Date:
EXHIBIT G-1
FORM OF TRANSFER AFFIDAVIT AND AGREEMENT
STATE OF )
) ss.:
COUNTY OF )
[NAME OF OFFICER], being first duly sworn, deposes and says:
1. That he is [Title of Officer] of [Name of Owner] (record or
beneficial owner of the Mortgage Pass-Through Certificates, Series _______,
Class R[-__] (the "Owner")), a [savings institution] [corporation] duly
organized and existing under the laws of [the State of ] [the United States], on
behalf of which he makes this affidavit and agreement.
2. That the Owner (i) is not and will not be a "disqualified
organization" or an electing large partnership as of [date of transfer] within
the meaning of Sections 860E(e)(5) and 775, respectively, of the Internal
Revenue Code of 1986, as amended (the "Code") or an electing large partnership
under Section 775(a) of the Code, (ii) will endeavor to remain other than a
disqualified organization for so long as it retains its ownership interest in
the Class R[-__] Certificates, and (iii) is acquiring the Class R[-__]
Certificates for its own account or for the account of another Owner from which
it has received an affidavit and agreement in substantially the same form as
this affidavit and agreement. (For this purpose, a "disqualified organization"
means an electing large partnership under Section 775 of the Code, the United
States, any state or political subdivision thereof, any agency or
instrumentality of any of the foregoing (other than an instrumentality all of
the activities of which are subject to tax and, except for the Federal Home Loan
Mortgage Corporation, a majority of whose board of directors is not selected by
any such governmental entity) or any foreign government, international
organization or any agency or instrumentality of such foreign government or
organization, any rural electric or telephone cooperative, or any organization
(other than certain farmers' cooperatives) that is generally exempt from federal
income tax unless such organization is subject to the tax on unrelated business
taxable income).
3. That the Owner is aware (i) of the tax that would be imposed on
transfers of Class R[-__] Certificates to disqualified organizations or electing
large partnerships, under the Code, that applies to all transfers of Class
R[-__] Certificates after March 31, 1988; (ii) that such tax would be on the
transferor (or, with respect to transfers to electing large partnerships, on
each such partnership), or, if such transfer is through an agent (which person
includes a broker, nominee or middleman) for a disqualified organization, on the
agent; (iii) that the person (other than with respect to transfers to electing
large partnerships) otherwise liable for the tax shall be relieved of liability
for the tax if the transferee furnishes to such person an affidavit that the
transferee is not a disqualified organization and, at the time of transfer, such
person does not have actual knowledge that the affidavit is false; and (iv) that
the Class R[-__] Certificates may be "noneconomic residual interests" within the
meaning of Treasury regulations promulgated pursuant to the Code and that the
transferor of a noneconomic residual interest will remain liable for any taxes
due with respect to the income on such residual interest, unless no significant
purpose of the transfer was to impede the assessment or collection of tax.
4. That the Owner is aware of the tax imposed on a "pass-through entity"
holding Class R[-__] Certificates if either the pass-through entity is an
electing large partnership under Section 775 of the Code or if at any time
during the taxable year of the pass-through entity a disqualified organization
is the record holder of an interest in such entity. (For this purpose, a "pass
through entity" includes a regulated investment company, a real estate
investment trust or common trust fund, a partnership, trust or estate, and
certain cooperatives.)
5. The Owner is either (i) a citizen or resident of the United States,
(ii) a corporation, partnership or other entity treated as a corporation or a
partnership for U.S. federal income tax purposes and created or organized in or
under the laws of the United States, any state thereof or the District of
Columbia (other than a partnership that is not treated as a United States person
under any applicable Treasury regulations), (iii) an estate that is described in
Section 7701(a)(30)(D) of the Code, or (iv) a trust that is described in Section
7701(a)(30)(E) of the Code.
6. The Owner hereby agrees that it will not cause income from the Class
R[-__] Certificates to be attributable to a foreign permanent establishment or
fixed base (within the meaning of an applicable income tax treaty) of the Owner
of another United States taxpayer.
7. That the Owner is aware that the Trustee will not register the
transfer of any Class R[- __] Certificates unless the transferee, or the
transferee's agent, delivers to it an affidavit and agreement, among other
things, in substantially the same form as this affidavit and agreement. The
Owner expressly agrees that it will not consummate any such transfer if it knows
or believes that any of the representations contained in such affidavit and
agreement are false.
8. That the Owner has reviewed the restrictions set forth on the face of
the Class R[-__] Certificates and the provisions of Section 5.02(f) of the
Pooling and Servicing Agreement under which the Class R[-__] Certificates were
issued (in particular, clause (iii)(A) and (iii)(B) of Section 5.02(f) which
authorize the Trustee to deliver payments to a person other than the Owner and
negotiate a mandatory sale by the Trustee in the event the Owner holds such
Certificates in violation of Section 5.02(f)). The Owner expressly agrees to be
bound by and to comply with such restrictions and provisions.
9. That the Owner consents to any additional restrictions or
arrangements that shall be deemed necessary upon advice of counsel to constitute
a reasonable arrangement to ensure that the Class R[-__] Certificates will only
be owned, directly or indirectly, by an Owner that is not a disqualified
organization.
10. The Owner's Taxpayer Identification Number is ________________.
11. This affidavit and agreement relates only to the Class R[-__]
Certificates held by the Owner and not to any other holder of the Class R[-__]
Certificates. The Owner understands that the liabilities described herein relate
only to the Class R[-__] Certificates.
12. That no purpose of the Owner relating to the transfer of any of the
Class R[-__] Certificates by the Owner is or will be to impede the assessment or
collection of any tax; in making
this representation, the Owner warrants that the Owner is familiar with (i)
Treasury Regulation Section 1.860E-1(c) and recent amendments thereto, effective
as of July 19, 2002, and (ii) the preamble describing the adoption of the
amendments to such regulation, which is attached hereto as Exhibit 1.
13. That the Owner has no present knowledge or expectation that it will
be unable to pay any United States taxes owed by it so long as any of the
Certificates remain outstanding. In this regard, the Owner hereby represents to
and for the benefit of the person from whom it acquired the Class R[-__]
Certificate that the Owner intends to pay taxes associated with holding such
Class R[- __] Certificate as they become due, fully understanding that it may
incur tax liabilities in excess of any cash flows generated by the Class R[-__]
Certificate.
14. That the Owner has no present knowledge or expectation that it will
become insolvent or subject to a bankruptcy proceeding for so long as any of the
Class R[-__] Certificates remain outstanding.
15. (a) The Purchaser is not an employee benefit plan or other plan
subject to the prohibited transaction provisions of the Employee Retirement
Income Security Act of 1974, as amended ("ERISA"), or Section 4975 of the
Internal Revenue Code of 1986, as amended (the "Code"), or an investment
manager, named fiduciary or a trustee of any such plan, or any other Person
acting, directly or indirectly, on behalf of or purchasing any Certificate with
"plan assets" of any such plan; or
(b) The Purchaser will provide the Trustee, the Company and the
Master Servicer with an opinion of counsel acceptable to and in form and
substance satisfactory to the Trustee, the Company and the Master Servicer to
the effect that the purchase of Certificates is permissible under applicable
law, will not constitute or result in any non-exempt prohibited transaction
under ERISA or Section 4975 of the Code and will not subject the Trustee, the
Company or the Master Servicer to any obligation or liability (including
obligations or liabilities under ERISA or Section 4975 of the Code) in addition
to those undertaken in the Pooling and Servicing Agreement.
In addition, the Purchaser hereby certifies, represents and warrants to,
and covenants with, the Company, the Trustee and the Master Servicer that the
Purchaser will not transfer such Certificates to any Plan or person unless
either such Plan or person meets the requirements set forth in either (a) or (b)
above.
Capitalized terms used but not defined herein shall have the meanings
assigned in the Pooling and Servicing Agreement.
IN WITNESS WHEREOF, the Owner has caused this instrument to be executed on
its behalf, pursuant to the authority of its Board of Directors, by its [Title
of Officer] and its corporate seal to be hereunto attached, attested by its
[Assistant] Secretary, this day of _____,___ 200__.
[NAME OF OWNER]
By:
[Name of Officer]
[Title of Officer]
[Corporate Seal]
ATTEST:
[Assistant] Secretary
Personally appeared before me the above-named [Name of Officer], known
or proved to me to be the same person who executed the foregoing instrument and
to be the [Title of Officer] of the Owner, and acknowledged to me that he
executed the same as his free act and deed and the free act and deed of the
Owner.
Subscribed and sworn before me this ___ day of ________, 200 __.
NOTARY PUBLIC
COUNTY OF
STATE OF
My Commission expires the ____ day of
_____, 20__ .
EXHIBIT 1
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Parts 1 and 602
[TD 9004]
RIN 1545-AW98
Real Estate Mortgage Investment Conduits
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final regulations.
-----------------------------------------------------------------------
SUMMARY: This document contains final regulations relating to safe harbor
transfers of noneconomic residual interests in real estate mortgage investment
conduits (REMICs). The final regulations provide additional limitations on the
circumstances under which transferors may claim safe harbor treatment.
DATES: Effective Date: These regulations are effective July 19, 2002.
Applicability Date: For dates of applicability, see Sec. 1.860E-
(1)(c)(10).
FOR FURTHER INFORMATION CONTACT: Xxxxxxxx Xxxxxxxxxx at (000) 000-0000
(not a toll-free number).
SUPPLEMENTARY INFORMATION:
Paperwork Reduction Act
The collection of information in this final rule has been reviewed and,
pending receipt and evaluation of public comments, approved by the Office of
Management and Budget (OMB) under 44 U.S.C. 3507 and assigned control number
1545-1675.
The collection of information in this regulation is in Sec. 1.860E -
1(c)(5)(ii). This information is required to enable the IRS to verify
that a taxpayer is complying with the conditions of this regulation.
The collection of information is mandatory and is required. Otherwise,
the taxpayer will not receive the benefit of safe harbor treatment as provided
in the regulation. The likely respondents are businesses and other for-profit
institutions.
Comments on the collection of information should be sent to the Office of
Management and Budget, Attn: Desk Officer for the Department of the Treasury,
Office of Information and Regulatory Affairs, Washington, DC, 20503, with copies
to the Internal Revenue Service, Attn: IRS Reports Clearance Officer,
W:CAR:MP:FP:S, Washington, DC 20224. Comments on the collection of information
should be received by September 17, 2002. Comments are specifically requested
concerning:
Whether the collection of information is necessary for the proper performance
of the functions of the Internal Revenue Service, including whether the
information will have practical utility;
The accuracy of the estimated burden associated with the collection of
information (see below);
How the quality, utility, and clarity of the information to be
collected may be enhanced;
How the burden of complying with the collection of information may be
minimized, including through the application of automated collection techniques
or other forms of information technology; and
Estimates of capital or start-up costs and costs of operation, maintenance,
and purchase of service to provide information.
An agency may not conduct or sponsor, and a person is not required to respond
to, a collection of information unless it displays a valid control number
assigned by the Office of Management and Budget.
The estimated total annual reporting burden is 470 hours, based on an
estimated number of respondents of 470 and an estimated average annual burden
hours per respondent of one hour.
Books or records relating to a collection of information must be retained as
long as their contents may become material in the administration of any internal
revenue law. Generally, tax returns and tax return information are confidential,
as required by 26 U.S.C. 6103.
Background
This document contains final regulations regarding the proposed amendments to
26 CFR part 1 under section 860E of the Internal Revenue Code (Code). The
regulations provide the circumstances under which a transferor of a noneconomic
REMIC residual interest meeting the investigation and representation
requirements may avail itself of the safe harbor by satisfying either the
formula test or the asset test.
Final regulations governing REMICs, issued in 1992, contain rules governing
the transfer of noneconomic REMIC residual interests. In general, a transfer of
a noneconomic residual interest is disregarded for all tax purposes if a
significant purpose of the transfer is to
[[Page 47452]]
enable the transferor to impede the assessment or collection of tax. A purpose
to impede the assessment or collection of tax (a wrongful purpose) exists if the
transferor, at the time of the transfer, either knew or should have known that
the transferee would be unwilling or unable to pay taxes due on its share of the
REMIC's taxable income.
Under a safe harbor, the transferor of a REMIC noneconomic residual interest
is presumed not to have a wrongful purpose if two requirements are satisfied:
(1) the transferor conducts a reasonable investigation of the transferee's
financial condition (the investigation requirement); and (2) the transferor
secures a representation from the transferee to the effect that the transferee
understands the tax obligations associated with holding a residual interest and
intends to pay those taxes (the representation requirement).
The IRS and Treasury have been concerned that some transferors of noneconomic
residual interests claim they satisfy the safe harbor even in situations where
the economics of the transfer clearly indicate the transferee is unwilling or
unable to pay the tax associated with holding the interest. For this reason, on
February 7, 2000, the IRS published in the Federal Register (65 FR 5807) a
notice of proposed rulemaking (REG-100276-97; REG-122450-98) designed to clarify
the safe harbor by adding the "formula test," an economic test. The proposed
regulation provides that the safe harbor is unavailable unless the present value
of the anticipated tax liabilities associated with holding the residual interest
does not exceed the sum of: (1) The present value of any consideration given to
the transferee to acquire the interest; (2) the present value of the expected
future distributions on the interest; and (3) the present value of the
anticipated tax savings associated with holding the interest as the REMIC
generates losses.
The notice of proposed rulemaking also contained rules for FASITs. Section
1.860H-6(g) of the proposed regulations provides requirements for transfers of
FASIT ownership interests and adopts a safe harbor by reference to the safe
harbor provisions of the REMIC regulations.
In January 2001, the IRS published Rev. Proc. 2001-12 (2001-3 I.R.B. 335) to
set forth an alternative safe harbor that taxpayers could use while the IRS and
the Treasury considered comments on the proposed regulations. Under the
alternative safe harbor, if a transferor meets the investigation requirement and
the representation requirement but the transfer fails to meet the formula test,
the transferor may invoke the safe harbor if the transferee meets a two- prong
test (the asset test). A transferee generally meets the first prong of this test
if, at the time of the transfer, and in each of the two years preceding the year
of transfer, the transferee's gross assets exceed $100 million and its net
assets exceed $10 million. A transferee
generally meets the second prong of this test if it is a domestic, taxable
corporation and agrees in writing not to transfer the interest to any person
other than another domestic, taxable corporation that also satisfies the
requirements of the asset test. A transferor cannot rely on the asset test if
the transferor knows, or has reason to know, that the transferee will not comply
with its written agreement to limit the restrictions on subsequent transfers of
the residual interest.
Rev. Proc. 2001-12 provides that the asset test fails to be satisfied in the
case of a transfer or assignment of a noneconomic residual interest to a foreign
branch of an otherwise eligible transferee. If such a transfer or assignment
were permitted, a corporate taxpayer might seek to claim that the provisions of
an applicable income tax treaty would resource excess inclusion income as
foreign source income, and that, as a consequence, any U.S. tax liability
attributable to the excess inclusion income could be offset by foreign tax
credits. Such a claim would impede the assessment or collection of U.S. tax on
excess inclusion income, contrary to the congressional purpose of assuring that
such income will be taxable in all events. See, e.g., sections 860E(a)(1), (b),
(e) and 860G(b) of the Code.
The Treasury and the IRS have learned that certain taxpayers transferring
noneconomic residual interests to foreign branches have attempted to rely on the
formula test to obtain safe harbor treatment in an effort to impede the
assessment or collection of U.S. tax on excess inclusion income. Accordingly,
the final regulations provide that if a noneconomic residual interest is
transferred to a foreign permanent establishment or fixed base of a U.S.
taxpayer, the transfer is not eligible for safe harbor treatment under either
the asset test or the formula test. The final regulations also require a
transferee to represent that it will not cause income from the noneconomic
residual interest to be attributable to a foreign permanent establishment or
fixed base.
Section 1.860E -1(c)(8) provides computational rules that a taxpayer may use
to qualify for safe harbor status under the formula test. Section
1.860E-1(c)(8)(i) provides that the transferee is presumed to pay tax at a rate
equal to the highest rate of tax specified in section 11(b). Some commentators
were concerned that this presumed rate of taxation was too high because it does
not take into consideration taxpayers subject to the alternative minimum tax
rate. In light of the comments received, this provision has been amended in the
final regulations to allow certain transferees that compute their taxable income
using the alternative minimum tax rate to use the alternative minimum tax rate
applicable to corporations.
Additionally, Sec. 1.860E-1(c)(8)(iii) provides that the present
values in the formula test are to be computed using a discount rate
equal to the applicable Federal short-term rate prescribed by section 1274(d).
This is a change from the proposed regulation and Rev. Proc. 2001-12. In those
publications the provision stated that "present values are computed using a
discount rate equal to the applicable Federal rate prescribed in section 1274(d)
compounded semiannually" and that "[a] lower discount rate may be used if the
transferee can demonstrate that it regularly borrows, in the course of its trade
or business, substantial funds at such lower rate from an unrelated third
party." The IRS and the Treasury Department have learned that, based on this
provision, certain taxpayers have been attempting to use unrealistically low or
zero interest rates to satisfy the formula test, frustrating the intent of the
test. Furthermore, the Treasury Department and the IRS believe that a rule
allowing for a rate other than a rate based on an objective index would add
unnecessary complexity to the safe harbor. As a result, the rule in the proposed
regulations that permits a transferee to use a lower discount rate, if the
transferee can demonstrate that it regularly borrows substantial funds at such
lower rate, is not included in the final regulations; and the Federal short-term
rate has been substituted for the applicable Federal rate. To simplify
taxpayers' computations, the final regulations allow use of any of the published
short-term rates, provided that the present values are computed with a
corresponding period of compounding. With the exception of the provisions
relating to transfers to foreign branches, these changes generally have the
proposed applicability date of February 4, 2000, but taxpayers may choose to
apply the interest rate formula set forth in the proposed regulation and Rev.
Proc. 2001-12 for transfers occurring before August 19, 2002.
It is anticipated that when final regulations are adopted with respect to
[[Page 47453]]
FASITs, Sec. 1.860H-6(g) of the proposed regulations will be adopted in
substantially its present form, with the result that the final regulations
contained in this document will also govern transfers of FASIT ownership
interests with substantially the same applicability date as is contained in this
document.
Effect on Other Documents
Rev. Proc. 2001-12 (2001-3 I.R.B. 335) is obsolete for transfers of
noneconomic residual interests in REMICs occurring on or after August 19, 2002.
Special Analyses
It is hereby certified that these regulations will not have a significant
economic impact on a substantial number of small entities. This certification is
based on the fact that it is unlikely that a substantial number of small
entities will hold REMIC residual interests. Therefore, a Regulatory Flexibility
Analysis under the Regulatory Flexibility Act (5 U.S.C. chapter 6) is not
required. It has been determined that this Treasury decision is not a
significant regulatory action as defined in Executive Order 12866. Therefore, a
regulatory assessment is not required. It also has been determined that sections
553(b) and 553(d) of the Administrative Procedure Act (5 U.S.C. chapter 5) do
not apply to these regulations.
Drafting Information
The principal author of these regulations is Xxxxxxxx Xxxxxxxxxx. However,
other personnel from the IRS and Treasury Department participated in their
development.
List of Subjects
26 CFR Part 1
Income taxes, Reporting and record keeping requirements.
26 CFR Part 602
Reporting and record keeping requirements.
Adoption of Amendments to the Regulations
Accordingly, 26 CFR parts 1 and 602 are amended as follows:
PART 1--INCOME TAXES
Paragraph 1. The authority citation for part 1 continues to read in part as
follows:
Authority: 26 U.S.C. 7805 * * *
EXHIBIT G-2
FORM OF TRANSFEROR CERTIFICATE
__________ , 20__
Residential Funding Mortgage Securities I, Inc.
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000
Xxxxxxxxxxx, Xxxxxxxxx 00000
[Trustee]
Attention: Residential Funding Corporation Series _______
Re: Mortgage Pass-Through Certificates,
Series ________, Class R[-__]
Ladies and Gentlemen:
This letter is delivered to you in connection with the transfer by
_____________________ (the "Seller") to _____________________(the "Purchaser")
of $______________ Initial Certificate Principal Balance of Mortgage
Pass-Through Certificates, Series ________, Class R[-__] (the "Certificates"),
pursuant to Section 5.02 of the Series Supplement, dated as of ________________,
to the Standard Terms of Pooling and Servicing Agreement dated as of
________________ (together, the "Pooling and Servicing Agreement") among
Residential Funding Mortgage Securities I, Inc., as seller (the "Company"),
Residential Funding Corporation, as master servicer, and __________, as trustee
(the "Trustee"). All terms used herein and not otherwise defined shall have the
meanings set forth in the Pooling and Servicing Agreement. The Seller hereby
certifies, represents and warrants to, and covenants with, the Company and the
Trustee that:
1. No purpose of the Seller relating to the transfer of the Certificate
by the Seller to the Purchaser is or will be to impede the assessment or
collection of any tax.
2. The Seller understands that the Purchaser has delivered to the
Trustee and the Master Servicer a transfer affidavit and agreement in the form
attached to the Pooling and Servicing Agreement as Exhibit G-1. The Seller does
not know or believe that any representation contained therein is false.
3. The Seller has at the time of the transfer conducted a reasonable
investigation of the financial condition of the Purchaser as contemplated by
Treasury Regulations Section 1.860E- 1(c)(4)(i) and, as a result of that
investigation, the Seller has determined that the Purchaser has historically
paid its debts as they become due and has found no significant evidence to
indicate that the Purchaser will not continue to pay its debts as they become
due in the future. The Seller understands that the transfer of a Class R[-__]
Certificate may not be respected for United States
income tax purposes (and the Seller may continue to be liable for United States
income taxes Associated therewith) unless the Seller has conducted such an
investigation.
4. The Seller has no actual knowledge that the proposed Transferee is
not both a United States Person and a Permitted Transferee.
Very truly yours,
(Seller)
By:
Name:
Title:
EXHIBIT H
FORM OF INVESTOR REPRESENTATION LETTER
______________ , 20___
Residential Funding Mortgage Securities I, Inc.
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000
Xxxxxxxxxxx, XX 00000
[Trustee]
Residential Funding Corporation
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000
Xxxxxxxxxxx, XX 00000
Attention: Residential Funding Corporation Series ________
RE: Mortgage Pass-Through Certificates,
Series ________, [Class B-]
Ladies and Gentlemen:
_________________- (the "Purchaser") intends to purchase from
_________________ (the "Seller") $_____________ Initial Certificate Principal
Balance of Mortgage Pass-Through Certificates, Series ________, Class (the
"Certificates"), issued pursuant to the Series Supplement, dated as of
________________, to the Standard Terms of Pooling and Servicing Agreement dated
as of ________________ (together, the "Pooling and Servicing Agreement") among
Residential Funding Mortgage Securities I, Inc., as seller (the "Company"),
Residential Funding Corporation, as master servicer (the "Master Servicer"), and
_____________, as trustee (the "Trustee"). All terms used herein and not
otherwise defined shall have the meanings set forth in the Pooling and Servicing
Agreement. The Purchaser hereby certifies, represents and warrants to, and
covenants with, the Company, the Trustee and the Master Servicer that:
1. The Purchaser understands that (a) the Certificates have not been and
will not be registered or qualified under the Securities Act of 1933, as amended
(the "Act") or any state securities law, (b) the Company is not required to so
register or qualify the Certificates, (c) the Certificates may be resold only if
registered and qualified pursuant to the provisions of the Act or any state
securities law, or if an exemption from such registration and qualification is
available, (d) the Pooling and Servicing Agreement contains restrictions
regarding the transfer of the Certificates and (e) the Certificates will bear a
legend to the foregoing effect.
2. The Purchaser is acquiring the Certificates for its own account for
investment only and not with a view to or for sale in connection with any
distribution thereof in any manner that would violate the Act or any applicable
state securities laws.
3. The Purchaser is (a) a substantial, sophisticated institutional
investor having such knowledge and experience in financial and business matters,
and, in particular, in such matters related to securities similar to the
Certificates, such that it is capable of evaluating the merits and risks of
investment in the Certificates, (b) able to bear the economic risks of such an
investment and (c) an "accredited investor" within the meaning of Rule 501(a)
promulgated pursuant to the Act.
4. The Purchaser has been furnished with, and has had an opportunity to
review (a) [a copy of the Private Placement Memorandum, dated ___________,
20___, relating to the Certificates (b)] a copy of the Pooling and Servicing
Agreement and [b] [c] such other information concerning the Certificates, the
Mortgage Loans and the Company as has been requested by the Purchaser from the
Company or the Seller and is relevant to the Purchaser's decision to purchase
the Certificates. The Purchaser has had any questions arising from such review
answered by the Company or the Seller to the satisfaction of the Purchaser. [If
the Purchaser did not purchase the Certificates from the Seller in connection
with the initial distribution of the Certificates and was provided with a copy
of the Private Placement Memorandum (the "Memorandum") relating to the original
sale (the "Original Sale") of the Certificates by the Company, the Purchaser
acknowledges that such Memorandum was provided to it by the Seller, that the
Memorandum was prepared by the Company solely for use in connection with the
Original Sale and the Company did not participate in or facilitate in any way
the purchase of the Certificates by the Purchaser from the Seller, and the
Purchaser agrees that it will look solely to the Seller and not to the Company
with respect to any damage, liability, claim or expense arising out of,
resulting from or in connection with (a) error or omission, or alleged error or
omission, contained in the Memorandum, or (b) any information, development or
event arising after the date of the Memorandum.]
5. The Purchaser has not and will not nor has it authorized or will it
authorize any person to (a) offer, pledge, sell, dispose of or otherwise
transfer any Certificate, any interest in any Certificate or any other similar
security to any person in any manner, (b) solicit any offer to buy or to accept
a pledge, disposition of other transfer of any Certificate, any interest in any
Certificate or any other similar security from any person in any manner, (c)
otherwise approach or negotiate with respect to any Certificate, any interest in
any Certificate or any other similar security with any person in any manner, (d)
make any general solicitation by means of general advertising or in any other
manner or (e) take any other action, that (as to any of (a) through (e) above)
would constitute a distribution of any Certificate under the Act, that would
render the disposition of any Certificate a violation of Section 5 of the Act or
any state securities law, or that would require registration or qualification
pursuant thereto. The Purchaser will not sell or otherwise transfer any of the
Certificates, except in compliance with the provisions of the Pooling and
Servicing Agreement.
6. The Purchaser
(a) is not an employee benefit or other plan subject to the prohibited
transaction provisions of the Employee Retirement Income Security Act of 1974,
as amended ("ERISA), or Section 4975 of the Internal Revenue Code of 1986, as
amended ("Plan"), or any other person
(including an investment manager, a named fiduciary or a trustee of any Plan)
acting, directly or indirectly, on behalf of or purchasing any Certificate with
"plan assets" of any Plan within the meaning of the Department of Labor ("DOL")
regulation at 29 C.F.R. ss.2510.3-101;
(b) is an insurance company, the source of funds to be used by it to
purchase the Certificates is an "insurance company general account" (within the
meaning of DOL Prohibited Transaction Class Exemption ("PTCE") 95-60), and the
purchase is being made in reliance upon the availability of the exemptive relief
afforded under Sections I and III of PTCE 95-60; or
(c) has provided the Trustee, the Company and the Master Servicer with
an opinion of counsel acceptable to and in form and substance satisfactory to
the Trustee, the Company and the Master Servicer to the effect that the purchase
of Certificates is permissible under applicable law, will not constitute or
result in any non-exempt prohibited transaction under ERISA or Section 4975 of
the Code and will not subject the Trustee, the Company or the Master Servicer to
any obligation or liability (including obligations or liabilities under ERISA or
Section 4975 of the Code) in addition to those undertaken in the Pooling and
Servicing Agreement.
In addition, the Purchaser hereby certifies, represents and warrants to,
and covenants with, the Company, the Trustee and the Master Servicer that the
Purchaser will not transfer such Certificates to any Plan or person unless such
Plan or person meets the requirements set forth in either 6(a), (b) or (c)
above.
Very truly yours,
By:
Name:
Title:
EXHIBIT I
FORM OF TRANSFEROR REPRESENTATION LETTER
_________, 20___
Residential Funding Mortgage Securities I, Inc.
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000
Xxxxxxxxxxx, XX 00000
[Trustee]
Attention: Residential Funding Corporation Series ________
Re: Mortgage Pass-Through Certificates,
Series ________, [Class B-]
Ladies and Gentlemen:
In connection with the sale by ____________________ (the "Seller") to
____________________ (the "Purchaser") of __________________ Initial Certificate
Principal Balance of Mortgage Pass-Through Certificates, Series ________, Class
(the "Certificates"), issued pursuant to the Series Supplement, dated as of
________________, to the Standard Terms of Pooling and Servicing Agreement dated
as of ________________ (together, the "Pooling and Servicing Agreement") among
Residential Funding Mortgage Securities I, Inc., as seller (the "Company"),
Residential Funding Corporation, as master servicer, and __________, as trustee
(the "Trustee"). The Seller hereby certifies, represents and warrants to, and
covenants with, the Company and the Trustee that:
Neither the Seller nor anyone acting on its behalf has (a) offered,
pledged, sold, disposed of or otherwise transferred any Certificate, any
interest in any Certificate or any other similar security to any person in any
manner, (b) has solicited any offer to buy or to accept a pledge, disposition or
other transfer of any Certificate, any interest in any Certificate or any other
similar security from any person in any manner, (c) has otherwise approached or
negotiated with respect to any Certificate, any interest in any Certificate or
any other similar security with any person in any manner, (d) has made any
general solicitation by means of general advertising or in any other manner, or
(e) has taken any other action, that (as to any of (a) through (e) above) would
constitute a distribution of the Certificates under the Securities Act of 1933
(the "Act"), that would render the disposition of any Certificate a violation of
Section 5 of the Act or any state securities law, or that would require
registration or qualification pursuant thereto. The Seller will not act, in any
manner set forth in the foregoing sentence with respect to any Certificate. The
Seller has not and will not sell or otherwise transfer any of the Certificates,
except in compliance with the provisions of the Pooling and Servicing Agreement.
Very truly yours,
(Seller)
By:
Name:
Title:
EXHIBIT J
[FORM OF RULE 144A INVESTMENT REPRESENTATION]
Description of Rule 144A Securities, including numbers:
---------------------------------------------------
---------------------------------------------------
---------------------------------------------------
---------------------------------------------------
The undersigned seller, as registered holder (the "Seller"), intends to
transfer the Rule 144A Securities described above to the undersigned buyer (the
"Buyer").
1. In connection with such transfer and in accordance with the
agreements pursuant to which the Rule 144A Securities were issued, the Seller
hereby certifies the following facts: Neither the Seller nor anyone acting on
its behalf has offered, transferred, pledged, sold or otherwise disposed of the
Rule 144A Securities, any interest in the Rule 144A Securities or any other
similar security to, or solicited any offer to buy or accept a transfer, pledge
or other disposition of the Rule 144A Securities, any interest in the Rule 144A
Securities or any other similar security from, or otherwise approached or
negotiated with respect to the Rule 144A Securities, any interest in the Rule
144A Securities or any other similar security with, any person in any manner, or
made any general solicitation by means of general advertising or in any other
manner, or taken any other action, that would constitute a distribution of the
Rule 144A Securities under the Securities Act of 1933, as amended (the "1933
Act"), or that would render the disposition of the Rule 144A Securities a
violation of Section 5 of the 1933 Act or require registration pursuant thereto,
and that the Seller has not offered the Rule 144A Securities to any person other
than the Buyer or another "qualified institutional buyer" as defined in Rule
144A under the 1933 Act.
2. The Buyer warrants and represents to, and covenants with, the Seller,
the Trustee and the Master Servicer (as defined in the Series Supplement, dated
as of ________________, to the Standard Terms of Pooling and Servicing Agreement
dated as of ________________ (the "Agreement") among Residential Funding
Corporation as Master Servicer, Residential Funding Mortgage Securities I, Inc.
as depositor pursuant to Section 5.02 of the Agreement and __________, as
trustee, as follows:
(a) The Buyer understands that the Rule 144A Securities have not
been registered under the 1933 Act or the securities laws of any state.
(b) The Buyer considers itself a substantial, sophisticated
institutional investor having such knowledge and experience in financial
and business matters that it is capable of evaluating the merits and
risks of investment in the Rule 144A Securities.
(c) The Buyer has been furnished with all information regarding
the Rule 144A Securities that it has requested from the Seller, the
Trustee or the Servicer.
(d) Neither the Buyer nor anyone acting on its behalf has
offered, transferred, pledged, sold or otherwise disposed of the Rule
144A Securities, any interest in the Rule 144A Securities or any other
similar security to, or solicited any offer to buy or accept a transfer,
pledge or other disposition of the Rule 144A Securities, any interest in
the Rule 144A Securities or any other similar security from, or
otherwise approached or negotiated with respect to the Rule 144A
Securities, any interest in the Rule 144A Securities or any other
similar security with, any person in any manner, or made any general
solicitation by means of general advertising or in any other manner, or
taken any other action, that would constitute a distribution of the Rule
144A Securities under the 1933 Act or that would render the disposition
of the Rule 144A Securities a violation of Section 5 of the 1933 Act or
require registration pursuant thereto, nor will it act, nor has it
authorized or will it authorize any person to act, in such manner with
respect to the Rule 144A Securities.
(e) The Buyer is a "qualified institutional buyer" as that term
is defined in Rule 144A under the 1933 Act and has completed either of
the forms of certification to that effect attached hereto as Annex 1 or
Annex 2. The Buyer is aware that the sale to it is being made in
reliance on Rule 144A. The Buyer is acquiring the Rule 144A Securities
for its own account or the accounts of other qualified institutional
buyers, understands that such Rule 144A Securities may be resold,
pledged or transferred only (i) to a person reasonably believed to be a
qualified institutional buyer that purchases for its own account or for
the account of a qualified institutional buyer to whom notice is given
that the resale, pledge or transfer is being made in reliance on Rule
144A, or (ii) pursuant to another exemption from registration under the
1933 Act.
[3. The Buyer
(a) is not an employee benefit or other plan subject to the
prohibited transaction provisions of the Employee Retirement Income
Security Act of 1974, as amended ("ERISA"), or Section 4975 of the
Internal Revenue Code of 1986, as amended (a "Plan"), or any other
person (including an investment manager, a named fiduciary or a trustee
of any Plan) acting, directly or indirectly, on behalf of or purchasing
any Certificate with "plan assets" of any Plan within the meaning of the
Department of Labor ("DOL") regulation at 29 C.F.R. ss.2510.3-101;
(b) is an insurance company, the source of funds to be used by it
to purchase the Certificates is an "insurance company general account"
(within the meaning of DOL Prohibited Transaction Class Exemption
("PTCE") 95-60), and the purchase is being made in reliance upon the
availability of the exemptive relief afforded under Sections I and III
of PTCE 95-60; or
(c) has provided the Trustee, the Company and the Master Servicer
with an opinion of counsel acceptable to and in form and substance
satisfactory to the Trustee, the Company and the Master Servicer to the
effect that the purchase of Certificates is permissible under applicable
law, will not constitute or result in any non-exempt prohibited
transaction under ERISA or Section 4975 of the Code and will not subject
the Trustee, the Company or the Master Servicer to any obligation or
liability (including obligations or liabilities under
ERISA or Section 4975 of the Code) in addition to those undertaken in
the Pooling and Servicing Agreement. ]
4. This document may be executed in one or more counterparts and by the
different parties hereto on separate counterparts, each of which, when so
executed, shall be deemed to be an original; such counterparts, together, shall
constitute one and the same document.
IN WITNESS WHEREOF, each of the parties has executed this document as of
the date set forth below.
Print Name of Seller Print Name of Buyer
By: By:
Name: Name:
Title: Title:
Taxpayer Identification Taxpayer Identification:
No. No:
Date: Date:
ANNEX 1 TO EXHIBIT J
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A [For
Buyers Other Than Registered Investment Companies]
The undersigned hereby certifies as follows in connection with the Rule
144A Investment Representation to which this Certification is attached:
1. As indicated below, the undersigned is the President, Chief Financial
Officer, Senior Vice President or other executive officer of the Buyer.
2. In connection with purchases by the Buyer, the Buyer is a "qualified
institutional buyer" as that term is defined in Rule 144A under the Securities
Act of 1933 ("Rule 144A") because (i) the Buyer owned and/or invested on a
discretionary basis $ in securities (except for the excluded securities referred
to below) as of the end of the Buyer's most recent fiscal year (such amount
being calculated in accordance with Rule 144A) and (ii) the Buyer satisfies the
criteria in the category marked below.
Corporation, etc. The Buyer is a corporation (other than a bank, savings
and loan association or similar institution), Massachusetts or similar business
trust, partnership, or charitable organization described in Section 501(c)(3) of
the Internal Revenue Code.
Bank. The Buyer (a) is a national bank or banking institution organized
under the laws of any State, territory or the District of Columbia, the business
of which is substantially confined to banking and is supervised by the State or
territorial banking commission or similar official or is a foreign bank or
equivalent institution, and (b) has an audited net worth of at least $25,000,000
as demonstrated in its latest annual financial statements, a copy of which is
attached hereto.
Savings and Loan. The Buyer (a) is a savings and loan association,
building and loan association, cooperative bank, homestead association or
similar institution, which is supervised and examined by a State or Federal
authority having supervision over any such institutions or is a foreign savings
and loan association or equivalent institution and (b) has an audited net worth
of at least $25,000,000 as demonstrated in its latest annual financial
statements.
Broker-Dealer. The Buyer is a dealer registered pursuant to Section 15
of the Securities Exchange Act of 1934.
Insurance Company. The Buyer is an insurance company whose primary and
predominant business activity is the writing of insurance or the reinsuring of
risks underwritten by insurance companies and which is subject to supervision by
the insurance commissioner or a similar official or agency of a State or
territory or the District of Columbia.
State or Local Plan. The Buyer is a plan established and maintained by a
State, its political subdivisions, or any agency or instrumentality of the State
or its political subdivisions, for the benefit of its employees.
ERISA Plan. The Buyer is an employee benefit plan within the meaning of
Title I of the Employee Retirement Income Security Act of 1974.
Investment Adviser. The Buyer is an investment adviser registered under
the Investment Advisers Act of 1940.
SBIC. The Buyer is a Small Business Investment Company licensed by the
U.S. Small Business Administration under Section 301(c) or (d) of the Small
Business Investment Act of 1958.
Business Development Company. The Buyer is a business development
company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940.
Trust Fund. The Buyer is a trust fund whose trustee is a bank or trust
company and whose participants are exclusively (a) plans established and
maintained by a State, its political subdivisions, or any agency or
instrumentality of the State or its political subdivisions, for the benefit of
its employees, or (b) employee benefit plans within the meaning of Title I of
the Employee Retirement Income Security Act of 1974, but is not a trust fund
that includes as participants individual retirement accounts or H.R. 10 plans.
3. The term "securities" as used herein does not include (i) securities
of issuers that are affiliated with the Buyer, (ii) securities that are part of
an unsold allotment to or subscription by the Buyer, if the Buyer is a dealer,
(iii) bank deposit notes and certificates of deposit, (iv) loan participations,
(v) repurchase agreements, (vi) securities owned but subject to a repurchase
agreement and (vii) currency, interest rate and commodity swaps.
4. For purposes of determining the aggregate amount of securities owned
and/or invested on a discretionary basis by the Buyer, the Buyer used the cost
of such securities to the Buyer and did not include any of the securities
referred to in the preceding paragraph. Further, in determining such aggregate
amount, the Buyer may have included securities owned by subsidiaries of the
Buyer, but only if such subsidiaries are consolidated with the Buyer in its
financial statements prepared in accordance with generally accepted accounting
principles and if the investments of such subsidiaries are managed under the
Buyer's direction. However, such securities were not included if the Buyer is a
majority-owned, consolidated subsidiary of another enterprise and the Buyer is
not itself a reporting company under the Securities Exchange Act of 1934.
5. The Buyer acknowledges that it is familiar with Rule 144A and
understands that the seller to it and other parties related to the Certificates
are relying and will continue to rely on the statements made herein because one
or more sales to the Buyer may be in reliance on Rule 144A.
Will the Buyer be purchasing the Rule 144A
Yes No Securities only for the Buyer's own account?
6. If the answer to the foregoing question is "no", the Buyer agrees
that, in connection with any purchase of securities sold to the Buyer for the
account of a third party (including any separate account) in reliance on Rule
144A, the Buyer will only purchase for the account of a third party that at the
time is a "qualified institutional buyer" within the meaning of Rule 144A. In
addition, the Buyer agrees that the Buyer will not purchase securities for a
third party unless the Buyer has obtained a current representation letter from
such third party or taken other appropriate steps contemplated by Rule 144A to
conclude that such third party independently meets the definition of "qualified
institutional buyer" set forth in Rule 144A.
7. The Buyer will notify each of the parties to which this certification
is made of any changes in the information and conclusions herein. Until such
notice is given, the Buyer's purchase of Rule 144A Securities will constitute a
reaffirmation of this certification as of the date of such purchase.
Print Name of Buyer
By:
Name:
Title:
Date:
ANNEX 2 TO EXHIBIT J
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
[For Buyers That Are Registered Investment Companies]
The undersigned hereby certifies as follows in connection with the Rule
144A Investment Representation to which this Certification is attached:
1. As indicated below, the undersigned is the President, Chief Financial
Officer or Senior Vice President of the Buyer or, if the Buyer is a "qualified
institutional buyer" as that term is defined in Rule 144A under the Securities
Act of 1933 ("Rule 144A") because Buyer is part of a Family of Investment
Companies (as defined below), is such an officer of the Adviser.
2. In connection with purchases by Buyer, the Buyer is a "qualified
institutional buyer" as defined in SEC Rule 144A because (i) the Buyer is an
investment company registered under the Investment Company Act of 1940, and (ii)
as marked below, the Buyer alone, or the Buyer's Family of Investment Companies,
owned at least $100,000,000 in securities (other than the excluded securities
referred to below) as of the end of the Buyer's most recent fiscal year. For
purposes of determining the amount of securities owned by the Buyer or the
Buyer's Family of Investment Companies, the cost of such securities was used.
The Buyer owned $ in securities (other than the excluded securities
referred to below) as of the end of the Buyer's most recent fiscal year (such
amount being calculated in accordance with Rule 144A).
The Buyer is part of a Family of Investment Companies which owned in the
aggregate $ in securities (other than the excluded securities referred to below)
as of the end of the Buyer's most recent fiscal year (such amount being
calculated in accordance with Rule 144A).
3. The term "Family of Investment Companies" as used herein means two or
more registered investment companies (or series thereof) that have the same
investment adviser or investment advisers that are affiliated (by virtue of
being majority owned subsidiaries of the same parent or because one investment
adviser is a majority owned subsidiary of the other).
4. The term "securities" as used herein does not include (i) securities
of issuers that are affiliated with the Buyer or are part of the Buyer's Family
of Investment Companies, (ii) bank deposit notes and certificates of deposit,
(iii) loan participations, (iv) repurchase agreements, (v) securities owned but
subject to a repurchase agreement and (vi) currency, interest rate and commodity
swaps.
5. The Buyer is familiar with Rule 144A and understands that each of the
parties to which this certification is made are relying and will continue to
rely on the statements made herein because one or more sales to the Buyer will
be in reliance on Rule 144A. In addition, the Buyer will only purchase for the
Buyer's own account.
6. The undersigned will notify each of the parties to which this
certification is made of any changes in the information and conclusions herein.
Until such notice, the Buyer's purchase of Rule 144A Securities will constitute
a reaffirmation of this certification by the undersigned as of the date of such
purchase.
Print Name of Buyer
By:
Name:
Title:
IF AN ADVISOR:
Print Name of Buyer
Date:
EXHIBIT K
[TEXT OF AMENDMENT TO POOLING AND SERVICING
AGREEMENT PURSUANT TO SECTION 11.01(E) FOR A
LIMITED GUARANTY]
ARTICLE XII
Subordinate Certificate Loss Coverage; Limited Guaranty
Section 12.01. Subordinate Certificate Loss Coverage; Limited Guaranty.
(a) Subject to subsection (c) below, prior to the later of the third Business
Day prior to each Distribution Date or the related Determination Date, the
Master Servicer shall determine whether it or any Sub-Servicer will be entitled
to any reimbursement pursuant to Section 4.02(a) on such Distribution Date for
Advances or Sub-Servicer Advances previously made, (which will not be Advances
or Sub-Servicer Advances that were made with respect to delinquencies which were
subsequently determined to be Excess Special Hazard Losses, Excess Fraud Losses,
Excess Bankruptcy Losses or Extraordinary Losses) and, if so, the Master
Servicer shall demand payment from Residential Funding of an amount equal to the
amount of any Advances or Sub-Servicer Advances reimbursed pursuant to Section
4.02(a), to the extent such Advances or Sub-Servicer Advances have not been
included in the amount of the Realized Loss in the related Mortgage Loan, and
shall distribute the same to the Class B Certificateholders in the same manner
as if such amount were to be distributed pursuant to Section 4.02(a).
(b) Subject to subsection (c) below, prior to the later of the third
Business Day prior to each Distribution Date or the related Determination Date,
the Master Servicer shall determine whether any Realized Losses (other than
Excess Special Hazard Losses, Excess Bankruptcy Losses, Excess Fraud Losses and
Extraordinary Losses) will be allocated to the Class B Certificates on such
Distribution Date pursuant to Section 4.05, and, if so, the Master Servicer
shall demand payment from Residential Funding of the amount of such Realized
Loss and shall distribute the same to the Class B Certificateholders in the same
manner as if such amount were to be distributed pursuant to Section 4.02(a);
provided, however, that the amount of such demand in respect of any Distribution
Date shall in no event be greater than the sum of (i) the additional amount of
Accrued Certificate Interest that would have been paid for the Class B
Certificateholders on such Distribution Date had such Realized Loss or Losses
not occurred plus (ii) the amount of the reduction in the Certificate Principal
Balances of the Class B Certificates on such Distribution Date due to such
Realized Loss or Losses. Notwithstanding such payment, such Realized Losses
shall be deemed to have been borne by the Certificateholders for purposes of
Section 4.05. Excess Special Hazard Losses, Excess Fraud Losses, Excess
Bankruptcy Losses and Extraordinary Losses allocated to the Class B Certificates
will not be covered by the Subordinate Certificate Loss Obligation.
(c) Demands for payments pursuant to this Section shall be made prior to
the later of the third Business Day prior to each Distribution Date or the
related Determination Date by the Master Servicer with written notice thereof to
the Trustee. The maximum amount that Residential Funding shall be required to
pay pursuant to this Section on any Distribution Date (the "Amount Available")
shall be equal to the lesser of (X) minus the sum of (i) all previous payments
made under subsections (a) and (b) hereof and (ii) all draws under the Limited
Guaranty made in lieu of such payments as
described below in subsection (d) and (Y) the then outstanding Certificate
Principal Balances of the Class B Certificates, or such lower amount as may be
established pursuant to Section 12.02. Residential Funding's obligations as
described in this Section are referred to herein as the "Subordinate Certificate
Loss Obligation."
(d) The Trustee will promptly notify General Motors Acceptance
Corporation of any failure of Residential Funding to make any payments hereunder
and shall demand payment pursuant to the limited guaranty (the "Limited
Guaranty"), executed by General Motors Acceptance Corporation, of Residential
Funding's obligation to make payments pursuant to this Section, in an amount
equal to the lesser of (i) the Amount Available and (ii) such required payments,
by delivering to General Motors Acceptance Corporation a written demand for
payment by wire transfer, not later than the second Business Day prior to the
Distribution Date for such month, with a copy to the Master Servicer.
(e) All payments made by Residential Funding pursuant to this Section or
amounts paid under the Limited Guaranty shall be deposited directly in the
Certificate Account, for distribution on the Distribution Date for such month to
the Class B Certificateholders.
(f) The Company shall have the option, in its sole discretion, to
substitute for either or both of the Limited Guaranty or the Subordinate
Certificate Loss Obligation another instrument in the form of a corporate
guaranty, an irrevocable letter of credit, a surety bond, insurance policy or
similar instrument or a reserve fund; provided that (i) the Company obtains
(subject to the provisions of Section 10.01(f) as if the Company was substituted
for the Master Servicer solely for the purposes of such provision) an Opinion of
Counsel (which need not be an opinion of Independent counsel) to the effect that
obtaining such substitute corporate guaranty, irrevocable letter of credit,
surety bond, insurance policy or similar instrument or reserve fund will not
cause either (a) any federal tax to be imposed on the Trust Fund, including
without limitation, any federal tax imposed on "prohibited transactions" under
Section 860(F)(a)(1) of the Code or on "contributions after the startup date"
under Section 860(G)(d)(1) of the Code or (b) the Trust Fund to fail to qualify
as a REMIC at any time that any Certificate is outstanding, and (ii) no such
substitution shall be made unless (A) the substitute Limited Guaranty or
Subordinate Certificate Loss Obligation is for an initial amount not less than
the then current Amount Available and contains provisions that are in all
material respects equivalent to the original Limited Guaranty or Subordinate
Certificate Loss Obligation (including that no portion of the fees,
reimbursements or other obligations under any such instrument will be borne by
the Trust Fund), (B) the long term debt obligations of any obligor of any
substitute Limited Guaranty or Subordinate Certificate Loss Obligation (if not
supported by the Limited Guaranty) shall be rated at least the lesser of (a) the
rating of the long term debt obligations of General Motors Acceptance
Corporation as of the date of issuance of the Limited Guaranty and (b) the
rating of the long term debt obligations of General Motors Acceptance
Corporation at the date of such substitution and (C) the Company obtains written
confirmation from each nationally recognized credit rating agency that rated the
Class B Certificates at the request of the Company that such substitution shall
not lower the rating on the Class B Certificates below the lesser of (a) the
then-current rating assigned to the Class B Certificates by such rating agency
and (b) the original rating assigned to the Class B Certificates by such rating
agency. Any replacement of the Limited Guaranty or Subordinate Certificate Loss
Obligation pursuant to this Section shall be accompanied by a written Opinion of
Counsel to the substitute guarantor or obligor, addressed to the Master
Servicer and the Trustee, that such substitute instrument constitutes a legal,
valid and binding obligation of the substitute guarantor or obligor, enforceable
in accordance with its terms, and concerning such other matters as the Master
Servicer and the Trustee shall reasonably request. Neither the Company, the
Master Servicer nor the Trustee shall be obligated to substitute for or replace
the Limited Guaranty or Subordinate Certificate Loss Obligation under any
circumstance.
Section 12.02. Amendments Relating to the Limited Guaranty.
Notwithstanding Sections 11.01 or 12.01: (i) the provisions of this Article XII
may be amended, superseded or deleted, (ii) the Limited Guaranty or Subordinate
Certificate Loss Obligation may be amended, reduced or canceled, and (iii) any
other provision of this Agreement which is related or incidental to the matters
described in this Article XII may be amended in any manner; in each case by
written instrument executed or consented to by the Company and Residential
Funding but without the consent of any Certificateholder and without the consent
of the Master Servicer or the Trustee being required unless any such amendment
would impose any additional obligation on, or otherwise adversely affect the
interests of, the Master Servicer or the Trustee, as applicable; provided that
the Company shall also obtain a letter from each nationally recognized credit
rating agency that rated the Class B Certificates at the request of the Company
to the effect that such amendment, reduction, deletion or cancellation will not
lower the rating on the Class B Certificates below the lesser of (a) the
then-current rating assigned to the Class B Certificates by such rating agency
and (b) the original rating assigned to the Class B Certificates by such rating
agency, unless (A) the Holder of 100% of the Class B Certificates is Residential
Funding or an Affiliate of Residential Funding, or (B) such amendment,
reduction, deletion or cancellation is made in accordance with Section 11.01(e)
and, provided further that the Company obtains (subject to the provisions of
Section 10.01(f) as if the Company was substituted for the Master Servicer
solely for the purposes of such provision), in the case of a material amendment
or supersession (but not a reduction, cancellation or deletion of the Limited
Guaranty or the Subordinate Certificate Loss Obligation), an Opinion of Counsel
(which need not be an opinion of Independent counsel) to the effect that any
such amendment or supersession will not cause either (a) any federal tax to be
imposed on the Trust Fund, including without limitation, any federal tax imposed
on "prohibited transactions" under Section 860F(a)(1) of the Code or on
"contributions after the startup date" under Section 860G(d)(1) of the Code or
(b) the Trust Fund to fail to qualify as a REMIC at any time that any
Certificate is outstanding. A copy of any such instrument shall be provided to
the Trustee and the Master Servicer together with an Opinion of Counsel that
such amendment complies with this Section 12.02.
EXHIBIT L
[FORM OF LIMITED GUARANTY]
LIMITED GUARANTY
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
Mortgage Pass-Through Certificates
Series ________
___________, 20____
[Trustee]
Attention: Residential Funding Corporation Series ________
Ladies and Gentlemen:
WHEREAS, Residential Funding Corporation, a Delaware corporation
("Residential Funding"), an indirect wholly-owned subsidiary of General Motors
Acceptance Corporation, a New York corporation ("GMAC"), plans to incur certain
obligations as described under Section 12.01 of the Series Supplement, dated as
of ________________, to the Standard Terms of Pooling and Servicing Agreement
dated as of ________________ (together, the "Servicing Agreement"), among
Residential Funding Mortgage Securities I, Inc. (the "Company"), Residential
Funding and __________ (the "Trustee") as amended by Amendment No. thereto,
dated as of , with respect to the Mortgage Pass-Through Certificates, Series
________ (the "Certificates"); and
WHEREAS, pursuant to Section 12.01 of the Servicing Agreement,
Residential Funding agrees to make payments to the Holders of the Class B
Certificates with respect to certain losses on the Mortgage Loans as described
in the Servicing Agreement; and
WHEREAS, GMAC desires to provide certain assurances with respect to the
ability of Residential Funding to secure sufficient funds and faithfully to
perform its Subordinate Certificate Loss Obligation;
NOW THEREFORE, in consideration of the premises herein contained and
certain other good and valuable consideration, the receipt of which is xxxxxx
acknowledged, GMAC agrees as follows:
1. Provision of Funds. (a) GMAC agrees to contribute and deposit in the
Certificate Account on behalf of Residential Funding (or otherwise provide to
Residential Funding, or to cause to be made available to Residential Funding),
either directly or through a subsidiary, in any case prior to the related
Distribution Date, such moneys as may be required by Residential Funding to
perform its Subordinate Certificate Loss Obligation when and as the same arises
from time to time upon the demand of the Trustee in accordance with Section
12.01 of the Servicing Agreement.
(b) The agreement set forth in the preceding clause (a) shall be
absolute, irrevocable and unconditional and shall not be affected by the
transfer by GMAC or any other person of all or any
part of its or their interest in Residential Funding, by any insolvency,
bankruptcy, dissolution or other proceeding affecting Residential Funding or any
other person, by any defense or right of counterclaim, set-off or recoupment
that GMAC may have against Residential Funding or any other person or by any
other fact or circumstance. Notwithstanding the foregoing, GMAC's obligations
under clause (a) shall terminate upon the earlier of (x) substitution for this
Limited Guaranty pursuant to Section 12.01(f) of the Servicing Agreement, or (y)
the termination of the Trust Fund pursuant to the Servicing Agreement.
2. Waiver. GMAC hereby waives any failure or delay on the part of
Residential Funding, the Trustee or any other person in asserting or enforcing
any rights or in making any claims or demands hereunder. Any defective or
partial exercise of any such rights shall not preclude any other or further
exercise of that or any other such right. GMAC further waives demand,
presentment, notice of default, protest, notice of acceptance and any other
notices with respect to this Limited Guaranty, including, without limitation,
those of action or nonaction on the part of Residential Funding or the Trustee.
3. Modification, Amendment and Termination. This Limited Guaranty may be
modified, amended or terminated only by the written agreement of GMAC and the
Trustee and only if such modification, amendment or termination is permitted
under Section 12.02 of the Servicing Agreement. The obligations of GMAC under
this Limited Guaranty shall continue and remain in effect so long as the
Servicing Agreement is not modified or amended in any way that might affect the
obligations of GMAC under this Limited Guaranty without the prior written
consent of GMAC.
4. Successor. Except as otherwise expressly provided herein, the
guarantee herein set forth shall be binding upon GMAC and its respective
successors.
5. Governing Law. This Limited Guaranty shall be governed by the laws of
the State of New York.
6. Authorization and Reliance. GMAC understands that a copy of this
Limited Guaranty shall be delivered to the Trustee in connection with the
execution of Amendment No. 1 to the Servicing Agreement and GMAC hereby
authorizes the Company and the Trustee to rely on the covenants and agreements
set forth herein.
7. Definitions. Capitalized terms used but not otherwise defined herein
shall have the meaning given them in the Servicing Agreement.
8. Counterparts. This Limited Guaranty may be executed in any number of
counterparts, each of which shall be deemed to be an original and such
counterparts shall constitute but one and the same instrument.
IN WITNESS WHEREOF, GMAC has caused this Limited Guaranty to be executed
and delivered by its respective officers thereunto duly authorized as of the day
and year first above written.
GENERAL MOTORS ACCEPTANCE
CORPORATION
By:
Name:
Title:
Acknowledged by:
[Trustee], as Trustee
By:
Name:
Title:
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
By:
Name:
Title:
EXHIBIT M
FORM OF LENDER CERTIFICATION FOR ASSIGNMENT OF MORTGAGE LOAN
_____________, 20______
Residential Funding Mortgage Securities I, Inc.
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000
Xxxxxxxxxxx, Xxxxxxxxx 00000
[Trustee]
Attention: Residential Funding Corporation Series ________
Re: Mortgage Pass-Through Certificates, Series ________
Assignment of Mortgage Loan
Ladies and Gentlemen:
This letter is delivered to you in connection with the assignment by
___________ (the "Trustee") to _____________________ (the "Lender") of
__________________(the "Mortgage Loan") pursuant to Section 3.13(d) of the
Series Supplement, dated as of ________________, to the Standard Terms of
Pooling and Servicing Agreement dated as of ________________ (together, the
"Pooling and Servicing Agreement") among Residential Funding Mortgage Securities
I, Inc., as seller (the "Company"), Residential Funding Corporation, as master
servicer, and the Trustee. All terms used herein and not otherwise defined shall
have the meanings set forth in the Pooling and Servicing Agreement. The Lender
hereby certifies, represents and warrants to, and covenants with, the Master
Servicer and the Trustee that:
the Mortgage Loan is secured by Mortgaged Property located in a
jurisdiction in which an assignment in lieu of satisfaction is required to
preserve lien priority, minimize or avoid mortgage recording taxes or otherwise
comply with, or facilitate a refinancing under, the laws of such jurisdiction;
the substance of the assignment is, and is intended to be, a refinancing
of such Mortgage Loan and the form of the transaction is solely to comply with,
or facilitate the transaction under, such local laws;
the Mortgage Loan following the proposed assignment will be modified to
have a rate of interest at least 0.25 percent below or above the rate of
interest on such Mortgage Loan prior to such proposed assignment; and such
assignment is at the request of the borrower under the related Mortgage Loan.
Very truly yours,
(Lender)
By:
Name:
Title:
EXHIBIT N
FORM OF REQUEST FOR EXCHANGE
[Date]
Bank One, National Association
0 Xxxx Xxx Xxxxx
Xxxxx XX0-0000
Xxxxxxx, Xxxxxxxx 00000-0126
Re: Residential Funding Mortgage Securities I, Inc.
Mortgage Pass-Through Certificates, Series [________]
Residential Funding Corporation, as the Holder of a ____% Percentage
Interest of the [Class/Subclass] of Class A-V Certificates, hereby requests the
Trustee to exchange the above-referenced Certificates for the Subclasses
referred to below:
1. Class A-V Certificates, corresponding to the following
Uncertificated REMIC Regular Interests: [List numbers
corresponding to the related loans and Pool Strip Rates from the
Mortgage Loan Schedule]. The Initial Subclass Notional Amount and
the initial Pass-Through Rate on the Class A-V Certificates will
be $___________ and _____%, respectively.
[2. Repeat as appropriate.]
The Subclasses requested above will represent in the aggregate all of
the Uncertificated REMIC Regular Interests represented by the Class A-V
Certificates surrendered for exchange.
The capitalized terms used but not defined herein shall have the
meanings set forth in the Pooling and Servicing Agreement, dated as of _______,
among Residential Funding Mortgage Securities I, Inc., Residential Funding
Corporation and Bank One National Association, as trustee.
RESIDENTIAL FUNDING CORPORATION
By:
Name:
Title:
EXHIBIT O
FORM OF FORM 10-K CERTIFICATE
I, [identify the certifying individual], certify that:
1. I have reviewed the annual report on Form 10-K for the fiscal year
[___], and all reports on Form 8-K containing distribution or servicing reports
filed in respect of periods included in the year covered by that annual report,
of the trust (the "Trust") created pursuant to the [Pooling and Servicing
Agreement dated February 1, 2003] (the "Agreement") among Residential Funding
Mortgage Securities I, Inc. (the "Company"), Residential Funding Corporation
(the "Master Servicer") and Bank One, National Association (the "Trustee");
2. Based on my knowledge, the information in these reports, taken as a
whole, does not contain any untrue statement of a material fact or omit to state
a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading as of the
last day of the period covered by this annual report;
3. Based on my knowledge, the servicing information required to be
provided to the Trustee by the Master Servicer under the Agreement for inclusion
in these reports is included in these reports;
4. I am responsible for reviewing the activities performed by the Master
Servicer under the Agreement and based upon my knowledge and the annual
compliance review required under the Agreement, and except as disclosed in the
report, the Master Servicer has fulfilled its obligations under the Agreement;
and
5. The reports disclose all significant deficiencies relating to the
Master Servicer's compliance with the minimum servicing standards based upon the
report provided by an independent public accountant, after conducting a review
in compliance with the Uniform Single Attestation Program for Mortgage Bankers
as set forth in the Agreement, that is included in these reports.
In giving the certifications above, I have reasonably relied on the
information provided to me by the following unaffiliated parties: [the Trustee].
Date:____________
_________________________________*
[Signature]
Name:
Title:
* - to be signed by the senior officer in charge of the servicing functions of
the Master Servicer
EXHIBIT P
FORM OF BACK-UP CERTIFICATION TO FORM 10-K CERTIFICATE
The undersigned, a Responsible Officer of Bank One, National Association
(the "Trustee") certifies that:
1. The Trustee has performed all of the duties specifically required to
be performed by it pursuant to the provisions of the Pooling and Servicing
Agreement dated [February 1, 2003] (the "Agreement") by and among Residential
Funding Mortgage Securities I, Inc. (the "Company"), Residential Funding
Corporation (the "Master Servicer") and Trustee in accordance with the standards
set forth therein.
2. Based on my knowledge, the information that is provided by the
Trustee pursuant to Section 4.03(f)(I) of the Agreement is accurate as of the
last day of the 20___ calendar year.
Capitalized terms used and not defined herein shall have the meanings
given such terms in the Agreement.
IN WITNESS THEREOF, I have duly executed this certificate as of
____________, 20___
Name:
Title:
EXHIBIT FIVE
TARGETED PRINCIPAL BALANCES
TARGETED PRINCIPAL BALANCES FOR THE
DISTRIBUTION DATE -----CLASS-A-6-CERTIFICATES
Initial Balance..................... $10,000,000.00
July 25, 2003....................... 9,960,281.53
August 25, 2003..................... 9,913,594.19
September 25, 2003.................. 9,859,967.53
October 25, 2003.................... 9,799,428.19
November 25, 2003................... 9,732,009.95
December 25, 2003................... 9,657,753.66
January 25, 2004.................... 9,576,707.29
February 25, 2004................... 9,488,925.83
March 25, 2004...................... 9,394,471.31
April 25, 2004...................... 9,293,412.68
May 25, 2004........................ 9,185,825.80
June 25, 2004....................... 9,071,793.30
July 25, 2004....................... 8,951,404.54
August 25, 2004..................... 8,824,755.48
September 25, 2004.................. 8,691,948.54
October 25, 2004.................... 8,553,092.53
November 25, 2004................... 8,408,302.45
December 25, 2004................... 8,257,699.38
January 25, 2005.................... 8,101,410.29
February 25, 2005................... 7,939,567.90
March 25, 2005...................... 7,772,310.44
April 25, 2005...................... 7,599,781.52
May 25, 2005........................ 7,422,129.91
June 25, 2005....................... 7,239,509.29
July 25, 2005....................... 7,052,078.07
August 25, 2005..................... 6,859,999.16
September 25, 2005.................. 6,663,439.69
October 25, 2005.................... 6,462,570.83
November 25, 2005................... 6,262,707.18
December 25, 2005................... 6,065,086.68
January 25, 2006.................... 5,869,684.95
February 25, 2006................... 5,676,477.87
March 25, 2006...................... 5,485,441.56
April 25, 2006...................... 5,296,552.45
May 25, 2006........................ 5,109,787.16
June 25, 2006....................... 4,925,122.61
July 25, 2006....................... 4,742,535.94
August 25, 2006..................... 4,562,004.56
September 25, 2006.................. 4,383,506.09
October 25, 2006.................... 4,207,018.43
November 25, 2006................... 4,032,519.69
December 25, 2006................... 3,859,988.22
January 25, 2007.................... 3,689,402.61
February 25, 2007................... 3,520,741.69
March 25, 2007...................... 3,353,984.49
April 25, 2007...................... 3,189,110.29
May 25, 2007........................ 3,026,098.58
June 25, 2007....................... 2,864,929.09
-1-
July 25, 2007....................... $2,705,581.74
August 25, 2007..................... 2,548,036.69
September 25, 2007.................. 2,392,274.30
October 25, 2007.................... 2,238,275.16
November 25, 2007................... 2,086,020.03
December 25, 2007................... 1,935,489.93
January 25, 2008.................... 1,786,666.05
February 25, 2008................... 1,639,529.79
March 25, 2008...................... 1,494,062.75
April 25, 2008...................... 1,350,246.73
May 25, 2008........................ 1,208,063.73
June 25, 2008....................... 1,067,495.94
July 25, 2008....................... 939,654.00
August 25, 2008..................... 813,357.57
September 25, 2008.................. 688,589.49
October 25, 2008.................... 565,332.81
November 25, 2008................... 443,570.75
December 25, 2008................... 323,286.71
January 25, 2009.................... 204,464.29
February 25, 2009................... 87,087.24
March 25, 2009 and thereafter....... 0.00
-2-
