Common use of Annual Independent Certified Public Accountants’ Servicing Report Clause in Contracts

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th of each year, commencing in 2006, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator to any Certificateholder upon request at the Servicer’s expense, provided that such statement is delivered by the Servicer to the Securities Administrator.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th of each year, commencing in 20062005, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator Trustee and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator Trustee to any Certificateholder upon request at the Servicer’s 's expense, provided that such statement is delivered by the Servicer to the Securities AdministratorTrustee.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th of each year, commencing in 20062005, the ServicerGMACM, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer GMACM a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer GMACM which includes an assertion that the Servicer GMACM has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer GMACM shall furnish a copy of such report to the Depositor, the Master ServicerCertificate Insurer, the Securities Administrator Trustee and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator Trustee to any Certificateholder upon request at the Servicer’s GMACM's expense, provided that such statement is delivered by the Servicer GMACM to the Securities AdministratorTrustee.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th of each year, commencing in 2006____, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer shall furnish a copy of such report to the Depositor, the Master ServicerCertificate Insurer, the Securities Administrator Trustee and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator Trustee to any Certificateholder upon request at the Servicer’s 's expense, provided that such statement is delivered by the Servicer to the Securities AdministratorTrustee.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th of each year, commencing in 2006, the ServicerGMACM, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer GMACM a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer GMACM which includes an assertion that the Servicer GMACM has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer GMACM shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator Trustee and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator Trustee to any Certificateholder upon request at the Servicer’s GMACM's expense, provided that such statement is delivered by the Servicer GMACM to the Securities AdministratorTrustee.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th of each year, commencing in 2006, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator Trustee and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator Trustee to any Certificateholder upon request at the Servicer’s 's expense, provided that such statement is delivered by the Servicer to the Securities AdministratorTrustee.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th February 28th of each year, commencing in 20062004, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator Trustee and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator Trustee to any Certificateholder upon request at the Servicer’s 's expense, provided that such statement is delivered by the Servicer to the Securities AdministratorTrustee.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th February 28th of each year, commencing in 20062004, the ServicerOption One, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer Option One a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer Option One which includes an assertion that the Servicer Option One has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer Option One shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator Trustee and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator Trustee to any Certificateholder upon request at the Servicer’s Option One's expense, provided that such statement is delivered by the Servicer Option One to the Securities AdministratorTrustee.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th February 28th of each year, commencing in 20062004, the ServicerOption One, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer Option One a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer Option One which includes an assertion that the Servicer Option One has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer Option One shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator Trustee and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator Trustee to any Certificateholder upon request at the Servicer’s Option One's expense, provided that such statement is delivered by the Servicer Option One to the Securities AdministratorTrustee.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th of each year, commencing in 2006, the each Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer it a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the such Servicer which includes an assertion that the such Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the applicable Servicer shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator to any Certificateholder upon request at the related Servicer’s expense, provided that such statement is delivered by the such Servicer to the Securities Administrator.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th of each year, commencing in 2006, the ServicerGMACM, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer GMACM a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer GMACM which includes an assertion that the Servicer GMACM has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer GMACM shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator to any Certificateholder upon request at the ServicerGMACM’s expense, provided that such statement is delivered by the Servicer GMACM to the Securities Administrator.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th of each year, commencing in 2006, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the Servicer shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator Trustee and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator Trustee to any Certificateholder upon request at the Servicer’s expense, provided that such statement is delivered by the Servicer to the Securities AdministratorTrustee.

Annual Independent Certified Public Accountants’ Servicing Report. Not later than March 15th of each year, commencing in 20062005, the each Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the such Servicer a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the such Servicer which includes an assertion that the such Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed fiscal or calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by subservicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those subservicers. Promptly upon receipt of such report, the each Servicer shall furnish a copy of such report to the Depositor, the Master Servicer, the Securities Administrator Trustee and each Rating Agency. Copies of such statement shall be provided by the Securities Administrator Trustee to any Certificateholder upon request at the related Servicer’s 's expense, provided that such statement is delivered by the such Servicer to the Securities AdministratorTrustee.