Loan Status means the internal code assigned by the Pool Servicer to an SME Loan in accordance with the Pool Servicer criteria as applicable from time to time, currently as follows:
Loan Status. Late Fee Basis: Originator: **** Interest Type: Cost Center Code: 9999 Interest Accrual:
Loan Status. A-payment not received but still in grace period B-late payment but less than 1 month delinquent 0-current 1-one month delinquent 2-two months delinquent 3-three months delinquent 4-assumed schedule payment 5-prepaid in full 6-specially serviced 7-in foreclosure 9-REO 10-DPO 11-modification EXHIBIT F FORM OF BANK RECONCILIATION (NAME OF SUB SERVICER) SUB-SERVICER COLLECTION ACCOUNT RECONCILIATION (DEAL NAME) FROM MM/DD/YYYY TO AND INCLUDING MM/DD/YYYY Account # BEGINNING BALANCE $0.00 ----- Collections: DELINQUENT PAYMENT $0.00 PAYMENTS FOR CURRENT DUE PERIODS $0.00 (Includes net liquidation proceeds & prepayments) $0.00 PAYMENTS FOR FUTURE DUE PERIODS $0.00 OTHER: $0.00 ESCROW $0.00 SUBSERVICER ADVANCES $0.00 LIQUIDATION PROCEEDS- To be applied to Servicer Advances $0.00 DEFAULT INTEREST/LATE PAYMENT CHARGES $0.00 PREPAYMENT PREMIUMS $0.00 UNAPPLIED FUNDS $0.00 LOANS IN PROCESS $0.00 INVESTMENT INCOME-Due to Subservicer $0.00 ----- $0.00 ===== TOTAL COLLECTIONS DISBURSEMENTS: TRANSFER TO ESCROW $0.00 TRANSFER TO RESERVE ACCOUNT $0.00 SUBSERVICER FEES $0.00 MASTER SERVICER REMITTANCE $0.00 PRINCIPAL ADVANCE REIMBURSEMENTS $0.00 INTEREST ADVANCE REIMBURSEMENTS $0.00 SERVICER ADVANCE REIMBURSEMENTS $0.00 ADVANCE INTEREST (Due and collected) $0.00 OTHER SERVICER INCOME $0.00 INVESTMENT INCOME-Due Subservicer $0.00 ----- TOTAL DISBURSEMENTS $0.00 ===== ENDING BALANCE $0.00 BALANCE PER BANK STATEMENT $0.00 ----- DIFFERENCE $0.00 ===== EXPLANATION OF DIFFERENCE: REPORT SHOULD BE SUPPORTED BY COPY OF BANK STATEMENT (SUB SERVICER'S NAME) BANK ACCOUNT # INVESTOR (S) # ACCOUNT TYPE T&I RECONCILIATION AS OF (DATE) DATE DESCRIPTION BALANCE -------------- -------------------------------------------- ------- (DATE) BALANCE PER BANK STATEMENT 0.00 DEPOSITS IN TRANSIT 0.00 WITHDRAWALS IN TRANSIT 0.00 MANUAL ACH IN TRANSIT 0.00 OTHER CASH ADJUSTMENTS (list other cash adjustments, if applicable) 0.00 ---- (DATE) ADJUSTED BANK BALANCE 0.00 ==== (DATE) ESCROW BALANCE PER TRIAL BALANCE RPT 0.00 ADJUSTMENTS (list adjustments, if applicable) 0.00 ---- (DATE) ADJUSTED ESCROW BALANCE 0.00 ==== PREPARED BY _______________________ REVIEWED BY __________________ DATE COMPLETED _______________________ DATE REVIEWED __________________ * REPORT SHOULD BE SUPPORTED BY COPY OF BANK STATEMENT & TRIAL BALANCE (SUB SERVICER'S NAME) BANK ACCOUNT # INVESTOR (S) # ACCOUNT TYPE RESERVE RECONCILIATION AS OF (DATE) DATE DESCRIPTION BALANCE -------------- -------------------------------------------...
Examples of Loan Status in a sentence
On the last Business Day of each month, the Primary Servicer shall provide to the Master Servicer a CREFC® Delinquent Loan Status Report, provided that the information set forth in such report shall be as of the close of business on the Business Day immediately preceding the delivery of such report.
Notwithstanding the foregoing, no CREFC® Delinquent Loan Status Report shall be required under this Section 3.01(c)(16) in any month in which the Periodic Payments for the Mortgage Loans have been collected as of the related Determination Date.