Common use of Statements to the Purchaser Clause in Contracts

Statements to the Purchaser. With respect to the Mortgage Loans, the Seller shall provide the Purchaser on the Remittance Date, a report that shall set forth for the prior month for each Mortgage Loan: (i) the status of the Custodial Account as of the close of business on such Remittance Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section 11.04 and each category of withdrawal specified in Section 11.05; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the Purchaser. In addition, not more than sixty days after the end of each calendar year, the Seller shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time.

Statements to the Purchaser. With respect Not later than five (5) days prior to the Mortgage Loanseach related Remittance Date, the Seller shall provide forward to the Purchaser a statement in the form specified and with the information required by the monthly reporting format of the Master Servicer, as provided to the Seller by the Purchaser and reasonably acceptable to the Seller. Such statement shall also include information regarding delinquencies on Mortgage Loans, indicating the Remittance Datenumber and aggregate principal amount of Mortgage Loans which are either one (1), two (2) or three (3) or more months Delinquent. The Seller shall also provide such information as set forth above to the Purchaser in electronic form in the Seller’s standard format, a report that shall set forth for the prior month for each Mortgage Loan: (i) the status copy of the Custodial Account as of the close of business on such Remittance Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section 11.04 and each category of withdrawal specified in Section 11.05; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested which has been provided by the Purchaser. In addition, not more than sixty days after the end of each calendar year, the Seller shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar yearSeller. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority authority, the Mortgagor or to any the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the such Purchaser to prepare its federal income tax return returns as any the Purchaser may reasonably request from time to time. With respect to any Mortgage Loans included in a Securitization Transaction, the Purchaser or the Master Servicer may require the Seller, in its capacity as servicer, to the extent required pursuant to Regulation AB, to provide a compliance statement of the servicer in accordance with Item 1123 of Regulation AB, and an assessment of the servicer’s compliance with the servicing criteria set forth in Item 1122(d) of Regulation AB. Notwithstanding anything to the contrary in this Agreement, the Purchaser and the Seller acknowledge and agree that the Seller (i) shall have no obligation to provide originator information as contemplated by Items 1103, 1105, 1110, 1117 and 1119 of Regulation AB; (ii) shall have no obligation to provide static pool information as contemplated by Item 1105 of Regulation AB; and (iii) shall have no obligation to provide servicer information as contemplated by Item 1108 of Regulation AB.

Statements to the Purchaser. With respect to the Mortgage LoansNot later than fifteen days after each Distribution Date, the Seller shall provide forward to the Purchaser on or its designee a statement prepared by the Remittance DateSeller, a report that shall set in the form of Xxxxxx Mae’s Guaranteed Mortgage Pass-Through Program, setting forth for the prior month for each Mortgage Loan: (i) the status of the Custodial Account as of the close of business on such Remittance Distribution Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section Subsection 11.04 and each category of withdrawal specified in Section Subsection 11.05; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the Purchaser. In addition, not more than sixty days after the end of each calendar year, the Seller shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) a listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time.

Statements to the Purchaser. With respect Not later than five (5) days prior to the Mortgage Loans, the Seller shall provide the Purchaser on the each related Remittance Date, the Servicer shall forward to the Purchaser in an electronic format a report that shall set statement, substantially in the form of Exhibit 5 and certified by a Servicing Officer, setting forth for the prior month for each Mortgage Loanon a loan-by-loan basis: (ia) the status amount of the Custodial Account as of the close of business distribution made on such Remittance Date which is allocable to principal and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section 11.04 and each category of withdrawal specified in Section 11.05allocable to interest; (ii) the Mortgage Interest Rate; (iiib) the amount of any shortfall in servicing compensation received by the Servicing Fee due to delinquencies; (iv) Servicer during the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past dueprior calendar month; and (vc) such other information as may be reasonably requested by the Purchaser. In addition, not more than sixty days after the end of each calendar year, the Seller shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances Stated Principal Balance of the Mortgage Loans outstanding at as of the end last day of such calendar yearthe preceding month. Such statement shall also include information regarding delinquencies on Mortgage Loans, indicating the number and aggregate principal amount of Mortgage Loans which are either one (1), two (2) or three (3) or more months delinquent. The Seller Servicer shall submit to the Purchaser monthly a liquidation report with respect to each Mortgaged Property sold in a foreclosure sale as of the related Record Date and not previously reported. Such liquidation report shall be incorporated into the remittance report delivered to Purchaser in the form of Exhibit 5 hereto. The Servicer shall also provide such information as set forth above to the Purchaser in electronic form in the Servicer’s standard format, a copy of which has been provided by the Servicer. The Servicer shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority authority, the Mortgagor or to any the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Servicer shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the such Purchaser to prepare its federal income tax return returns as any the Purchaser may reasonably request from time to time.

Statements to the Purchaser. With respect No later than the Distribution Date, the Master Servicer shall forward to the Mortgage Loans, Purchaser or its designee a statement prepared by the Seller shall provide the Purchaser on the Remittance Date, a report that shall set Master Servicer setting forth for the prior month for each Mortgage Loan: (i) the status of the Custodial Account as of the close of business on such Remittance Distribution Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section Subsection 11.04 and each category of withdrawal specified in Section Subsection 11.05; (ii) . In addition, no later than the Mortgage Interest Rate; (iii) Distribution Date, the amount of any shortfall Master Servicer shall provide the Purchaser a statement with the information described in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the PurchaserSubsection 4.02. In addition, not more than sixty ninety (90) days after the end of each calendar year, the Seller Master Servicer shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Master Servicer shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time. The Master Servicer shall deliver a Data Tape within five Business Days of the end of each calendar month.

Statements to the Purchaser. With respect to the Mortgage Loans, the Seller Option One shall provide the Purchaser on the Remittance Date, a report that shall set forth for the prior month for each Mortgage Loan: (i) the status of the Custodial Account as of the close of business on such Remittance Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section 11.04 11.05 and each category of withdrawal specified in Section 11.0511.06; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the Purchaser. In addition, not more than sixty (60) days after the end of each calendar year, the Seller Option One shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller Option One shall prepare and file deliver any and all tax returns, information statements or other filings information required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Option One shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time. Option One shall also provide the Purchaser a monthly report setting forth the investments that the funds in the Payment Clearing Account, Custodial Account and Escrow Account are held in, and the name and location of each Qualified Depository holding any such funds or investments.

Statements to the Purchaser. With respect to the Mortgage LoansNot later than fifteen days after each Distribution Date, the Seller shall provide forward to the Purchaser on or its designee a statement prepared by the Remittance DateSeller, a report that shall set in the form of Fannie Mae's Guaranteed Mortgage Pass-Through Program, setting forth for the prior month for each Mortgage Loan: (i) the xxx status of the Custodial Account as of the close of business on such Remittance Distribution Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section Subsection 11.04 and each category of withdrawal specified in Section Subsection 11.05; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the Purchaser. In addition, not more than sixty days after the end of each calendar year, the Seller shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) a listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time.

Statements to the Purchaser. With respect to the Mortgage Loans, the Seller shall provide the Purchaser on the Remittance Date, a report that shall set forth for the prior month for each Mortgage Loan: (i) the status of the Custodial Account as of the close of business on such Remittance Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each category of deposit specified in Section 11.04 11.05 and each category of withdrawal specified in Section 11.0511.06; (ii) the Mortgage Interest Rate; (iii) the amount of any shortfall in the Servicing Fee due to delinquencies; (iv) the amount of any delinquency in the scheduled payment of principal and interest delineated at 30 days, 60 days and greater than 90 days past due; and (v) such other information as may be reasonably requested by the Purchaser. In addition, not more than sixty (60) days after the end of each calendar year, the Seller shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time.