CURRENT MONTH NET LOSS Specify loss type as Foreclosure, or Short-Sale. MONTH ENDED:[input report month] Losses Sample Clauses

CURRENT MONTH NET LOSS Specify loss type as Foreclosure, or Short-Sale. MONTH ENDED:[input report month] Losses. Pursuant to Section 2.1 of the Single Family Shared-Loss Agreement, the undersigned hereby certifies the information on this Certificate is true, complete and correct.OFFICER SIGNATUREOFFICER NAME:TITLEExhibit 2a This exhibit contains three versions of the loss share calculation for foreclosure, plus explanatory notes. Exhibit 2a(1) CALCULATION OF FORECLOSURE LOSS Exhibit 2a(2) CALCULATION OF FORECLOSURE LOSS No Preceeding Loan Mod under Loss Share1 Shared-Loss MonthMay-092 Loan no:2923343 REO #4774 Interest paid-to-date4/30/085 Foreclosure date1/15/096 Liquidation date4/12/097 Note Interest rate8.000%8 Owner occupied?Yes9 If owner-occupied: 10 Borrower current gross annual income42,00011 Estimated NPV of loan mod195,00012 Most recent BPO235,00013 Most recent BPO date1/21/09Foreclosure Loss calculation 16 Loan Principal balance after last paid installment300,00017 Accrued interest, limited to 90 days6,00018 Attorney's fees0Foreclosure costs, including title search, filing fees, 19 advertising, etc.4,00020 Property protection costs, maint. and repairs5,50021 Tax and insurance advances1,500Other Advances 22 Appraisal/Broker's Price Opinion fees023 Inspections5024 Other025 Gross balance recoverable by Purchaser317,050Cash Recoveries: 26 Net liquidation proceeds (from HUD-1 settl stmt)205,00027 Hazard Insurance proceeds028 Mortgage Insurance proceeds029 T & I escrow account balances, if positive030 Other credits, if any (itemize)031 Total Cash Recovery205,00032 Loss Amount112,050 Exhibit 2a(3) CALCULATION OF FORECLOSURE LOSS Foreclosure after a Covered Loan Mod 1 Shared-Loss MonthMay-092 Loan no:1385543 REO #8434 Loan mod date1/17/085 Interest paid-to-date4/30/086 Foreclosure date1/15/097 Liquidation date4/12/098 Note Interest rate4.000%9 Most recent BPO210,00010 Most recent BPO date1/20/09Foreclosure Loss calculation 11 NPV of projected cash flows at loan mod285,00012 Less: Principal payments between loan mod and deliquency2,50013 Plus: 14 Attorney's fees0Foreclosure costs, including title search, filing fees, advertising, 15 etc.4,00016 Property protection costs, maint. and repairs7,00017 Tax and insurance advances2,00018 Other Advances 19 Appraisal/Broker's Price Opinion fees020 Inspections021 Other022 Gross balance recoverable by Purchaser295,500Cash Recoveries: 23 Net liquidation proceeds (from HUD-1 settl stmt)201,00024 Hazard Insurance proceeds025 Mortgage Insurance proceeds026 T & I escrow account balances, if positive027 Other credits, if any (itemize)028 Total Cash Recovery201,00029 Loss Amount94,500Notes to Exhibit 2a (foreclosure)
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CURRENT MONTH NET LOSS Specify loss type as Foreclosure, or Short-Sale. MONTH ENDED:[input report month] Losses. Pursuant to Section 2.1 of the Single Family Shared-Loss Agreement, the undersigned hereby certifies the information on this Certificate is true, complete and correct.OFFICER SIGNATUREOFFICER NAME:TITLEExhibit 2a This exhibit contains three versions of the loss share calculation for foreclosure, plus explanatory notes. Exhibit 2a(1)CALCULATION OF FORECLOSURE LOSSForeclosure Occurred Prior to Loss Share Agreement
CURRENT MONTH NET LOSS Specify loss type as Foreclosure, or Short-Sale. MONTH ENDED:[input report month] Losses. Loss Loan No.Loss TypeAmount Loss Amount is the amount of Loss incurred and reported on the loan in a Loss Month is the reporting month in which the Loss was reported. TOTAL XXA Recoveries RecoveryLossLoss Loan No. AmountAmountMonth TOTAL XXB Net Losses(Recoveries) XXC = A - B If Col. D minus Col. E is less than zero, enter zero. PART 2 - FIRST LOSS TEST Col. D Col. ECol. D - Col.E Cumulative LossAmount First Loss TrancheCumulative Shared-LossAmount Balance, beginning of monthXXXXXXFCurrent month Net Losses (from Part 1)XX Balance, end of monthXXXXXXG Shared Loss Amount XXG - FTimes Loss Share percentage 80% Amount due from (to) FDIC as Receiver XX Pursuant to Section 2.1 of the Single Family Shared-Loss Agreement, the undersigned hereby certifies the information on this Certificate is true, complete and correct.OFFICER SIGNATUREOFFICER NAME:TITLEExhibit 2a This exhibit contains three versions of the loss share calculation for foreclosure, plus explanatory notes. Exhibit 2a(1)CALCULATION OF FORECLOSURE LOSSForeclosure Occurred Prior to Loss Share Agreement
CURRENT MONTH NET LOSS Specify loss type as Foreclosure, or Short-Sale. MONTH ENDED:[input report month] Losses. Loss Loan No.Loss TypeAmount Loss Amount is the amount of Loss incurred and reported on the loan in a Loss Month is the reporting month in which the Loss was reported. TOTAL XXA Recoveries RecoveryLossLoss Loan No. AmountAmountMonth TOTAL XXB Net Losses(Recoveries) XXC = A - B If Col. D minus Col. E is less than zero, enter zero. PART 2 - FIRST LOSS TEST Col. D Col. ECol. D - Col.E Cumulative LossAmount First Loss TrancheCumulative Shared-LossAmount Balance, beginning of monthXXXXXXFCurrent month Net Losses (from Part 1)XX Balance, end of monthXXXXXXG Shared Loss Amount XXG - FTimes Loss Share percentage 80% Amount due from (to) FDIC as Receiver XX
CURRENT MONTH NET LOSS Specify loss type as Foreclosure, or Short-Sale. MONTH ENDED:[input report month] Losses. Pursuant to Section 2.1 of the Single Family Shared-Loss Agreement, the undersigned hereby certifies the information on this Certificate is true, complete and correct.OFFICER SIGNATUREOFFICER NAME:TITLEExhibit 2a
CURRENT MONTH NET LOSS Specify loss type as Foreclosure, or Short-Sale. MONTH ENDED:[input report month] Losses