Final Maturity Reserve Rate definition
Final Maturity Reserve Rate. An annual rate of 0.80%.
Final Maturity Reserve Rate. A per annum rate equal to the product of (i) 1.00% and (ii) a fraction, the numerator of which is the aggregate Stated Principal Balance as of the applicable Cut-off Date of the Mortgage Loans having 40-year original terms to maturity and the denominator of which is the aggregate Stated Principal Balance as of the applicable Cut-off Date of all of the Mortgage Loans.
Final Maturity Reserve Rate. For the Mortgage Loans in Mortgage Loan Group 1, Mortgage Loan Group 2 and Mortgage Loan Group 3, an annual rate of 0.030%, 0.009% and 0.006%, respectively. For the Mortgage Loans in Mortgage Loan Group 4, an annual rate of 0.00%.
More Definitions of Final Maturity Reserve Rate
Final Maturity Reserve Rate. Before the Distribution Date in March 2014, 0.00%. On and after each Distribution Date starting in March 2014, an annual rate equal to 1.41%.
Final Maturity Reserve Rate. A per annum rate equal to the product of 1.00% multiplied by the quotient of (a) the aggregate Stated Principal Balance of the Group II Mortgage Loans with original terms to maturity in excess of 30 years as of the first day of the related Due Period divided by (b) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the first day of the related Due Period. Final Maturity Reserve Schedule: -------------------------------- Aggregate Aggregate Aggregate Principal Principal Principal Period Balance ($) Period Balance ($) Period Balance ($) ------ ----------- ------ ----------- ------ ----------- 121 23,280,169.14 162 12,441,171.68 203 6,571,524.59 122 22,929,598.95 163 12,250,902.75 204 6,468,817.67 123 22,584,197.39 164 12,063,460.23 205 6,367,652.19 124 22,243,889.05 165 11,878,802.73 206 6,268,005.48 125 21,908,599.62 166 11,696,889.48 207 6,169,855.17 126 21,578,255.88 167 11,517,680.26 208 6,073,179.24 127 21,252,785.66 168 11,341,135.48 209 5,977,955.96 128 20,932,117.84 169 11,167,216.09 210 5,884,163.95 129 20,616,182.34 170 10,995,883.64 211 5,791,782.12 130 20,304,910.07 171 10,827,100.21 212 5,700,789.70 131 19,998,232.98 172 10,660,828.44 213 5,611,166.22 132 19,696,083.98 173 10,497,031.53 214 5,522,891.51 133 19,398,396.98 174 10,335,673.19 215 5,435,945.67 134 19,105,106.81 175 10,176,717.68 216 5,350,309.13 135 18,816,149.28 176 10,020,129.77 217 5,265,962.58 136 18,531,461.12 177 9,865,874.73 218 5,182,887.00 137 18,250,979.99 178 9,713,918.36 219 5,101,063.65 138 17,974,644.42 179 9,564,226.94 220 5,020,474.05 139 17,702,393.88 180 9,416,767.25 221 4,941,100.00 140 17,434,168.69 181 9,271,506.54 222 4,862,923.56 141 17,169,910.03 182 9,128,412.56 223 4,785,927.07 142 16,909,559.96 183 8,987,453.50 224 4,710,093.11 143 16,653,061.37 184 8,848,598.04 225 4,635,404.51 144 16,400,357.96 185 8,711,815.30 226 4,561,844.37 145 16,151,394.28 186 8,577,074.85 227 4,489,396.01 146 15,906,115.66 187 8,444,346.72 228 4,418,043.02 147 15,664,468.24 188 8,313,601.34 229 4,347,769.21 148 15,426,398.94 189 8,184,809.61 230 4,278,558.65 149 15,191,855.43 190 8,057,942.84 231 4,210,395.62 150 14,960,786.18 191 7,932,972.74 232 4,143,264.63 151 14,733,140.36 192 7,809,871.45 233 4,077,150.44 152 14,508,867.93 193 7,688,611.52 234 4,012,037.99 153 14,287,919.54 194 7,569,165.89 235 3,947,912.50 154 14,070,246.57 195 7,451,507.89 236 3,884,759.34 155 13,855,801.09 196 7,335,611.24 237 3,822,564.15 156 13,644,535.91 197 7,221,450.06 238 3,7...
Final Maturity Reserve Rate. For the Mortgage Loans in Pool 1, Pool 2 and Pool 4, an annual rate of 0.0045%. For the Mortgage Loans in Pool 3, an annual rate of 0.00%.
Final Maturity Reserve Rate. For the Group II Mortgage Loans, a fraction, expressed as a percentage, the numerator of which is equal to the Final Maturity Reserve Amount, and the denominator of which is equal to the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period.