Collateral Type Clause Samples
Collateral Type. PRINCIPAL % OF REMAINING DEBT- NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES COLLATERAL TYPE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%) ------------------------------------------------------------------------------------------------------------------------------------ 2 YEAR ARMS 9,958 $1,640,948,739.33 58.61% 358 39.56% 7.648% 600 84.05% 3 YEAR ARMS 2,858 501,274,505.73 17.90 358 38.54 7.49 617 85.71 FIXED 5,049 657,776,661.89 23.49 348 38.23 7.433 633 80.20 ------------------------------------------------------------------------------------------------------------------------------------ TOTAL: 17,865 $2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44% ------------------------------------------------------------------------------------------------------------------------------------ PRINCIPAL BALANCES AS OF THE CUT-OFF DATE ------------------------------------------------------------------------------------------------------------------------------------ PRINCIPAL % OF REMAINING DEBT- RANGE OF NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES AS OF THE CUT-OFF DATE ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO* OLTV (%)* ------------------------------------------------------------------------------------------------------------------------------------ <= 50,000 1,087 $ 43,366,016.14 1.55% 349 34% 9.581% 622 83.66% 50,001 - 100,000 5,852 418,860,723.07 14.96 349 36.19 8.219 605 82.83 100,001 - 150,000 3,820 473,554,974.67 16.91 355 38.17 7.718 607 83.76 150,001 - 200,000 2,510 435,728,104.52 15.56 357 39.34 7.522 605 83.11 200,001 - 250,000 1,629 364,980,258.70 13.04 357 40.27 7.424 609 82.84 250,001 - 300,000 1,096 300,188,805.47 10.72 357 40.09 7.33 609 82.6 300,001 - 350,000 663 214,211,276.40 7.65 359 40.86 7.294 619 84.74 350,001 - 400,000 409 153,520,912.46 5.48 358 40.81 7.269 619 84.39 400,001 - 450,000 282 119,782,108.18 4.28 357 40.18 7.288 623 86.83 450,001 - 500,000 274 131,697,804.01 4.7 358 39.72 7.191 625 85.25 500,001 - 550,000 82 43,349,821.67 1.55 359 40.67 6.95 615 82.27 550,001 - 600,000 74 42,483,697.76 1.52 359 39.84 6.868 619 81.01 600,001 - 650,000 43 26,926,907.90 0.96 359 40.02 7.053 612 84.01 650,001 - 700,000 20 13,564,647.18 0.48 359 40.69 6.858 628 76.8 700,001 - 750,000 23 16,904,521.78 0.6 359 36.24 6.647 624 76.85 850,001 - 900,000 1 879,327.04 0.03 359 41 7....
Collateral Type. The percentage (by Scheduled Principal --------------- Balance) of the Group II Loans as of the Post-Funding Payment Date secured by owner-occupied dwellings is at least 97.0% and by single- family dwellings is at least 90.0%.
Collateral Type. 1. Eligible Cash Collateral, less unpaid checks, overdrafts, or other unpaid amounts related thereto for which any Person has a prior unpaid claim, plus $[_______] 100% $[_______]
2. Eligible Net Liquidation Value in Brokerage Accounts, plus $[_______] 100% $[_______]
3. Eligible Net Liquidation Value in Third Party Brokerage Accounts, plus $[_______] 90% $[_______] 4. Eligible Accounts Receivable, plus $[_______] 85% $[_______]
Collateral Type. 1. Eligible Cash Collateral (after giving effect to the proposed Extensions of Credit related to this Interim Borrowing Base Report), less unpaid checks, overdrafts, or other unpaid amounts related thereto for which any Person has a prior unpaid claim, plus $[_______] 100% $[_______]
2. Eligible Net Liquidation Value in Brokerage Accounts, plus $[_______] 100% $[_______]
3. Eligible Net Liquidation Value in Third Party Brokerage Accounts, plus $[_______] 90% $[_______] 4. Eligible Accounts Receivable, plus $[_______] 85% $[_______]
Collateral Type. Such Collateral Obligation constitutes “tangible chattel paper”, “payment intangibles”, “accounts”, “instruments” or “general intangibles” within the meaning of the UCC.
Collateral Type. The percentage (by Scheduled Principal Balance) of the Group I Loans secured by owner-occupied dwellings is at least 98% and by single-family dwellings is at least 92%.
Collateral Type. The percentage (by Scheduled Principal Balance) of the --------------- Fixed Rate Loans as of the Post-Funding Payment Date secured by owner-occupied dwellings is at least 96.50% and by single-family dwellings is at least 89.00%.