Common use of Statements Clause in Contracts

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report obtained from the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, based solely on information provided to it by the Securities Administrator Servicer in its Determination Date Report, the Trustee shall prepare and make available to each Holder of the Trustee, each CertificateholderRegular Certificates, the SellerSwap Counterparties, the Master Servicer and the Rating AgencyAgencies, a statement based, as applicable, on the Remittance Report obtained from the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class C Certificates allocable to principalPrepayment Charges; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates allocable to interest, separately identified; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Pool Balance of the One-Month LIBOR Indexed Group I Mortgage Loans and the Group II Mortgage Loans at the Close of Business at the end of the related Due Period; (xiv) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity aggregate principal balance, and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due DateDetermination Date and the number and aggregate principal balance of all Subsequent Mortgage Loans added during the preceding Prepayment Period; (xiiv) the number and aggregate unpaid principal balance of Mortgage Loans, Loans (identified by Group) that (A) were Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquent, (dB) as to which foreclosure proceedings have been commenced and that (ei) in bankruptcyare not Delinquent, and (ii) are Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (C) are related to a REO Property and that (i) are not Delinquent and (ii) are Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days and (D) are related to a Mortgagor that was subject to a bankruptcy proceeding and that (i) are not Delinquent and (ii) are Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each case as of the close of business on the last day of the preceding calendar montha contractual and bankruptcy legal basis; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivvi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvvii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xviviii) the Class Certificate Principal Balance of each class of the Class A Certificates, each class of the Mezzanine Certificates and the Apportioned Principal Balances each class of the Subordinate Certificates Class B Certificates, after giving effect to any the distributions made thereonon such Distribution Date; (ix) the Unpaid Interest Shortfall Amount, if any, with respect to each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of Class B Certificates for such Distribution Date; (x) the aggregate amount of any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.25; (xi) the Credit Enhancement Percentage for such Distribution Date; (xii) the Available Funds Cap Carryforward Amount for each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of the Class B Certificates if any, for such Distribution Date and the amount remaining unpaid after reimbursements therefor on such Distribution Date; (xiii) the respective Pass-Through Rates applicable to each class of the Class A Certificates, each class of the Mezzanine Certificates and the Class B Certificates for such Distribution Date and the Pass-Through Rate applicable to each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of the Class B Certificates for the immediately succeeding Distribution Date; (xiv) the Supplemental Interest Payment for each Class on such Distribution Date; (xv) the difference between (x) the aggregate notional amount of the Swap Agreements and (y) the aggregate Certificate Principal Balance of the Offered Certificates on such Distribution Date; (xvi) the Required Overcollateralization Amount for such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, Excess Cashflow for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and Scheduled Principal Payments made during the Unpaid Interest Shortfall Amount for such Distribution Daterelated Due Period; (xix) the Available Funds with respect to each aggregate amount of Principal Prepayments made during the related Due Period in which the related Mortgagor paid the related Mortgage Loan Groupin full; (xx) the Pass-Through Rate for each Class aggregate amount of Certificates for such Distribution DatePrincipal Prepayments in part made during the related Prepayment Period; (xxi) the number and the aggregate Principal Balance principal balance of all Liquidated Mortgage Loans purchased hereunder by the Seller during for the related Due Prepayment Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan;; and (xxii) the aggregate amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i);Net Liquidation Proceeds received during the related Prepayment Period. (xxiii) the dollar amount of any Basis Risk Shortfallclaims made, if anyamounts paid by the MI Insurer in respect of claims made, and premiums due and paid under the related accrued interest thereon, with respect to the LIBOR Certificates;MI Policy; and (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; equal to the difference between (xxviiix) the amount of Net Deferred Interest, if any, added to Class I Monthly Interest Distributable Amount and (y) any amounts received by the Certificate Principal Balance or Component Principal Balance Supplemental Interest Trust from the Swap Counterparties in respect of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan GroupSwap Agreements; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make provided, however, that if the Distribution Date Statement (andresulting number is a negative number, at its option, any additional files containing then the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way absolute value of such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such changenegative number. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Closing Date. The Trustee may, in the absence of manifest error, conclusively rely upon the Determination Date Report of the Servicer in its preparation of the statement to Certificateholders pursuant to this Section 4.03. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape forward to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Trustee shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in force. (e) On each Distribution Date, Inc. the Trustee shall post on its website at ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇\sfr, which posting shall be accessible to each Certificateholder and the Swap Counterparty, the statement prepared pursuant to paragraph (a) of this Section 4.03. Assistance in using the website can be obtained by calling the Trustee’s customer service desk at ▇-▇▇▇-▇▇▇-▇▇▇▇. Such parties that are unable to use the website are entitled to have a monthly basispaper copy mailed to them via first class mail by providing a written request of such to the Trustee at is Corporate Trust office. The Trustee shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or accessible to the above parties and the Trustee shall provide timely and adequate notification to all above parties regarding any such changes. The Trustee shall not have any responsibility to (i) verify information provided by the Servicer to be included in such statement or (ii) include any information required to be included in such statement if the Servicer has failed to timely produce such information to the Trustee, as required pursuant hereto. (f) No later than noon on the second Business Day prior to each Distribution Date, the Trustee will verify that no Notional Amount Test Event is scheduled to occur on the related Distribution Date. In the event a Notional Amount Test Event would otherwise occur on the related Distribution Date, the Trustee will immediately provide notice in the form of Exhibit J to the appropriate NovaStar entity or Affiliate of such NovaStar entity and assign in $10,000,000 increments a portion of the related notional amount from the affected Swap Agreement on the day immediately preceding that Distribution Date until no Notional Amount Test Event will occur on the related Distribution Date. The Trustee shall assign the applicable notional amount from the Swap Agreement with the earliest maturity. In the event that two or more Swap Agreements have the same maturity date, which date is the earliest maturity date of the outstanding Swap Agreements, the Trustee shall assign the applicable notional amounts from the Swap Agreement with the lowest fixed rate. Once such notional amounts have been assigned back to the appropriate NovaStar entity, the related Swap Counterparty will have no obligation to, nor interest in, the Trust with respect to such notional amounts. Furthermore, no distributions will be made from the Supplemental Interest Trust to the related Swap Counterparty in respect of notional amounts assigned under this Section 4.03(f). Upon the occurrence of a Failed Reassignment (as defined in the applicable Swap Agreement) of all or a portion of the notional balance of a Swap Agreement, the affected portion of the notional balance of such Swap Agreement shall be immediately terminated and a Failed Reassignment Termination Payment shall be calculated in accordance with the terms of the applicable Swap Agreement and shall supply an electronic tape be payable in accordance with this Article IV. Any right of a Swap Counterparty to Loan Performance and Intex Solutions in receive a format acceptable Failed Reassignment Termination Payment shall be subject to Loan Performance and Intex Solutions the condition precedent that the Class C Certificates are not then serving as collateral for any outstanding NIM Notes. In no event shall the Trustee allow a Notional Amount Test Event to occur on a monthly basisany Distribution Date.

Statements. (a) On each Distribution Date, based solely on information provided to it by the Securities Administrator Servicer in its Determination Date Report, the Trustee shall prepare and make available to each Holder of the Trustee, each CertificateholderRegular Certificates, the SellerSwap Counterparties, the Master Cap Counterparties, the Servicer and the Rating AgencyAgencies, a statement based, as applicable, on the Remittance Report obtained from the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class C Certificates allocable to principalPrepayment Charges; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates allocable to interest, separately identified; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Pool Balance of the One-Month LIBOR Indexed Group I Mortgage Loans and the Group II Mortgage Loans at the Close of Business at the end of the related Due Period; (xiv) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity aggregate principal balance, and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due DateDetermination Date and the number and aggregate principal balance of all Subsequent Mortgage Loans added during the preceding Prepayment Period; (xiiv) the number and aggregate unpaid principal balance of Mortgage Loans, Loans (identified by Group) that (A) were Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquent, (dB) as to which foreclosure proceedings have been commenced and that (ei) in bankruptcyare not Delinquent, and (ii) are Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (C) are related to a REO Property and that (i) are not Delinquent and (ii) are Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days and (D) are related to a Mortgagor that was subject to a bankruptcy proceeding and that (i) are not Delinquent and (ii) are Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each case as of the close of business on the last day of the preceding calendar montha contractual and bankruptcy legal basis; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivvi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvvii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xviviii) the Class Certificate Principal Balance of each class of the Class of A Certificates and the Apportioned Principal Balances each class of the Subordinate Certificates Mezzanine Certificates, after giving effect to any the distributions made thereonon such Distribution Date; (ix) the Unpaid Interest Shortfall Amount, if any, with respect to each class of the Class A Certificates and each class of the Mezzanine Certificates for such Distribution Date; (x) the aggregate amount of any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.25; (xi) the Credit Enhancement Percentage for such Distribution Date; (xii) the Available Funds Cap Carryforward Amount for each class of the Class A Certificates and each class of the Mezzanine Certificates (excluding the Class M-9 DSI Certificates, Class M-10 DSI Certificates, Class M-11 DSI Certificates and Class M-12 DSI Certificates) if any, for such Distribution Date and the amount remaining unpaid after reimbursements therefor on such Distribution Date; (xiii) the respective Pass-Through Rates applicable to each class of the Class A Certificates and each class of the Mezzanine Certificates for such Distribution Date and the Pass-Through Rate applicable to each class of the Class A Certificates and each class of the Mezzanine Certificates for the immediately succeeding Distribution Date; (xiv) the Supplemental Interest Payment for each Class on such Distribution Date; (xv) the difference between (x) the sum of (i) the aggregate notional amount of the Swap Agreements and (ii) the aggregate notional amount of the Cap Agreements and (y) the aggregate Certificate Principal Balance of the Class A Certificates and Mezzanine Certificates on such Distribution Date; (xvi) the Required Overcollateralization Amount for such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, Excess Cashflow for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and Scheduled Principal Payments made during the Unpaid Interest Shortfall Amount for such Distribution Daterelated Due Period; (xix) the Available Funds with respect to each aggregate amount of Principal Prepayments made during the related Due Period in which the related Mortgagor paid the related Mortgage Loan Groupin full; (xx) the Pass-Through Rate for each Class aggregate amount of Certificates for such Distribution DatePrincipal Prepayments in part made during the related Prepayment Period; (xxi) the number and the aggregate Principal Balance principal balance of all Liquidated Mortgage Loans purchased hereunder by the Seller during for the related Due Prepayment Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the aggregate amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)Net Liquidation Proceeds received during the related Prepayment Period; (xxiii) the dollar amount of any Basis Risk Shortfallclaims made, if anyamounts paid by the MI Insurer in respect of claims made, and premiums due and paid under the related accrued interest thereon, with respect to the LIBOR Certificates;MI Policy; and (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; equal to the difference between (xxviiix) the amount of Net Deferred Interest, if any, added to Class I Monthly Interest Distributable Amount and (y) any amounts received by the Certificate Principal Balance or Component Principal Balance Supplemental Interest Trust from the Swap Counterparties and Cap Counterparties in respect of the related Certificates Swap Agreements and Principal-Only Components; (xxix) current Recoveries allocable to each Loan GroupCap Agreements, respectively; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make provided, however, that if the Distribution Date Statement (andresulting number is a negative number, at its option, any additional files containing then the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way absolute value of such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such changenegative number. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Closing Date. The Trustee may, in the absence of manifest error, conclusively rely upon the Determination Date Report of the Servicer in its preparation of the statement to Certificateholders pursuant to this Section 4.03. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape forward to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Trustee shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in force. (e) On each Distribution Date, Inc. the Trustee shall post on a monthly basisits website at [ ], which posting shall be accessible to each Certificateholder, the Swap Counterparties, and the Cap Counterparties, the statement prepared pursuant to paragraph (a) of this Section 4.03. Assistance in using the website can be obtained by calling the Trustee’s customer service desk at ▇-▇▇▇-▇▇▇-▇▇▇▇. Such parties that are unable to use the website are entitled to have a paper copy mailed to them via first class mail by providing a written request of such to the Trustee at is Corporate Trust office. The Trustee shall supply an electronic tape have the right to Loan Performance change the way such statements are distributed in order to make such distribution more convenient and/or accessible to the above parties and Intex Solutions the Trustee shall provide timely and adequate notification to all above parties regarding any such changes. The Trustee shall not have any responsibility to (i) verify information provided by the Servicer to be included in a format acceptable such statement or (ii) include any information required to Loan Performance and Intex Solutions on a monthly basisbe included in such statement if the Servicer has failed to timely produce such information to the Trustee, as required pursuant hereto.

Statements. (a) On each Distribution Date, the Securities Administrator Trustee shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from and the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC and applicable Net WAC Cap for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) [Reserved]; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period[Reserved]; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates or Principal-Only Components; (xvi) the Class Certificate Principal Balance or Class Certificate Notional Balance, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller or any Originator during the related Due Period, and indicating the relevant section of the Servicing Agreement, this Agreement or the Section of this related Purchase Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i5.01(e)(i); (xxiii) current Recoveries allocable to each Loan Group; (xxiv) cumulative Recoveries allocable to each Loan Group; (xxv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxvii) payments made under the Yield Maintenance Agreements, if any; and (xxviii) the amount of Net Deferred Interest, if any, added to the Class Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator Trustee will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities AdministratorTrustee’s internet website. The Securities AdministratorTrustee’s internet website shall initially be located at “▇▇▇.▇▇▇▇://▇▇▇.▇▇▇.▇▇.▇▇▇/invr.” Assistance in using the website can be obtained by calling the Securities Administrator’s Trustee customer service desk at (▇-▇▇▇) -▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator Trustee shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator Trustee shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Certificate Insurer, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report obtained from the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]the amount of compensation received by the Trustee during the related Due Period; (xxv) [reserved]the amount of compensation received by the Custodian during the related Due Period; (xxvi) [reservedReserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and; (xxx) cumulative Recoveries allocable to each Loan Group; (xxxi) the amount of the Certificate Insurer Reimbursement Amount, if any; and (xxxii) the Deficiency Amount, if any, to be paid by the Certificate Insurer. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to the Certificate Insurer and each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, based solely on information provided to it by the Securities Administrator Servicer in its Determination Date Report, the Trustee shall prepare and make available to each Holder of the Trustee, each CertificateholderRegular Certificates, the SellerSwap Counterparties, the Master Servicer Servicer, the Class A-1 Insurer and the Rating AgencyAgencies, a statement based, as applicable, on the Remittance Report obtained from the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class P Certificates allocable to principalPrepayment Charges; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Pool Balance of the One-Month LIBOR Indexed Group I Mortgage Loans and the Group II Mortgage Loans at the Close of Business at the end of the related Due Period; (xiv) for each Loan Groupthe number, the aggregate Principal Balance principal balance, and weighted average Mortgage Rate of the MTA Indexed Mortgage Loans at the Close of Business at the end (identified by Group) as of the related Due Determination Date and the number and aggregate principal balance of all Subsequent Mortgage Loans added (identified by Group) during the preceding Prepayment Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xiiv) the number and aggregate unpaid principal balance of Mortgage Loans, Loans (identified by Group) that (A) were Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and that (ei) in bankruptcyare not Delinquent, and (ii) are Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (C) related to a REO Property that (i) is not Delinquent and (ii) is Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days and (D) related to a Mortgagor that was subject to a bankruptcy proceeding and that (i) is not Delinquent and (ii) is Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each case as of the close of business on the last day of the preceding calendar montha contractual and bankruptcy legal basis; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivvi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvvii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xviviii) the Class Certificate Principal Balance of each class of the Class A Certificates, each class of the Mezzanine Certificates, each class of the Class B Certificates and the Apportioned Principal Balances of the Subordinate Certificates Class O Certificates, after giving effect to any the distributions made thereonon such Distribution Date; (ix) the Unpaid Interest Shortfall Amount, if any, with respect to each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of Class B Certificates for such Distribution Date; (x) the aggregate amount of any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.25; (xi) the Credit Enhancement Percentage for such Distribution Date; (xii) the Available Funds Cap Carryforward Amount for each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of the Class B Certificates if any, for such Distribution Date and the amount remaining unpaid after reimbursements therefor on such Distribution Date; (xiii) the respective Pass-Through Rates applicable to each class of the Class A Certificates, each class of the Mezzanine Certificates and the Class B Certificates for such Distribution Date and the Pass-Through Rate applicable to each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of the Class B Certificates for the immediately succeeding Distribution Date; (xiv) the Supplemental Interest Payment for each Class on such Distribution Date; (xv) (x) the aggregate notional amount of the Swap Agreements and Cap Agreements, (y) the aggregate Certificate Principal Balance of the Underwritten Certificates on such Distribution Date and (z) the difference between (x) and (y); (xvi) the Required Overcollateralization Amount for such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of CertificatesExcess Cashflow (separately detailing the Mortgage Excess Cashflow and Swap Excess Cashflow, respectively) for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and Scheduled Principal Payments made during the Unpaid Interest Shortfall Amount for such Distribution Daterelated Due Period; (xix) the Available Funds with respect to each aggregate amount of Principal Prepayments made during the related Due Period in which the related Mortgagor paid the related Mortgage Loan Groupin full; (xx) the Pass-Through Rate for each Class aggregate amount of Certificates for such Distribution DatePrincipal Prepayments in part made during the related Prepayment Period; (xxi) the number and the aggregate Principal Balance principal balance of all Liquidated Mortgage Loans purchased hereunder by the Seller during for the related Due Prepayment Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the aggregate amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)Net Liquidation Proceeds received during the related Prepayment Period; (xxiii) the amount of any Basis Risk Shortfall, if any, Group I Class I Monthly Interest Distributable Amount and the related accrued interest thereon, with respect to the LIBOR Certificates;Group II Class I Monthly Interest Distributable Amount; and (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the dollar amount of Net Deferred Interestclaims made, if any, for such Loan Group; (xxviii) amounts paid by the amount MI Insurer in respect of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the partiesclaims made, and premiums due and paid under the Securities Administrator shall provide timely and adequate notification to all parties regarding any such changeMI Policy. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Closing Date. The Trustee may, in the absence of manifest error, conclusively rely upon the Determination Date Report of the Servicer in its preparation of the statement to Certificateholders pursuant to this Section 4.03. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape forward to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Trustee shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in force. (e) On each Distribution Date, Inc. the Trustee shall post on its website at [ ], which posting shall be accessible to each Certificateholder and the Swap Counterparties, the statement prepared pursuant to paragraph (a) of this Section 4.03, except that the Trustee shall email a copy of such statement to the Class A-1 Insurer on each Distribution Date to ▇▇▇▇▇▇▇▇▇▇@▇▇▇.▇▇▇. Assistance in using the website can be obtained by calling the Trustee’s customer service desk at ▇-▇▇▇-▇▇▇-▇▇▇▇. Such parties that are unable to use the website are entitled to have a paper copy mailed to them via first class mail by providing a written request of such to the Trustee at is Corporate Trust office. The Trustee shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or accessible to the above parties and the Trustee shall provide timely and adequate notification to all above parties regarding any such changes. The Trustee shall not have any responsibility to (i) verify information provided by the Servicer to be included in such statement or (ii) include any information required to be included in such statement if the Servicer has failed to timely produce such information to the Trustee, as required pursuant hereto. (f) No later than noon on the second Business Day prior to each Distribution Date, the Trustee will verify that no Notional Amount Test Event is scheduled to occur on the related Distribution Date. In the event a Notional Amount Test Event would otherwise occur on the related Distribution Date, the Trustee will immediately provide notice in the form of Exhibit J to the appropriate NovaStar entity and assign in $10,000,000 increments a portion of the related notional amount from the affected Swap Agreement or Cap Agreement on the day immediately preceding that Distribution Date until no Notional Amount Test Event will occur on the related Distribution Date. The Trustee shall assign the applicable notional amount from the Swap Agreement or Cap Agreement, as applicable, in the priority set forth below. Once such Swap Agreement notional amounts have been assigned back to the appropriate NovaStar entity, the related Swap Counterparty will have no obligation to, nor interest in, any Supplemental Interest Trust with respect to such notional amounts. Once such Cap Agreement notional amounts have been assigned back to the appropriate NovaStar entity, the Cap Counterparty will have no obligation to any applicable Supplemental Interest Trust with respect to such notional amounts. Furthermore, no distributions will be made from Supplemental Interest Trust I to the related Swap Counterparty in respect of notional amounts assigned under this Section 4.03 (f). The Trustee will assign portions of the affected Swap Agreements or Cap Agreements as applicable in the following order of priority: (i) from the Swap Agreement with the earliest maturity (until no Notional Amount Test Event would have occurred); (ii) in the event that two or more Swap Agreements have the same maturity, from the Swap Agreement with the lowest fixed rate (until no Notional Amount Test Event would have occurred); and (iii) in the event that no Swap Agreements are outstanding, from the then outstanding Cap Agreements on a monthly basis, and pro rata basis based on the notional amounts of such Cap Agreements (until no Notional Amount Test Event would have occurred). In no event shall supply an electronic tape the Trustee allow a Notional Amount Test Event to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions occur on a monthly basisany Distribution Date.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer and the Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the each Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reservedreserved]; (vii) the Loan Group Balance and related Net WAC and Net WAC Cap for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]for each Loan Group, the aggregate Principal Balance of the One-Year MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA COFI Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates or Principal-Only Components; (xvi) the Class Certificate Principal Balance or Class Certificate Notional Amount, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the related Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i5.01(e)(i); (xxiii) current Recoveries allocable to each Loan Group; (xxiv) cumulative Recoveries allocable to each Loan Group; (xxv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group;; and (xxvii) payments made under the Yield Maintenance Agreements, if any; and (xxviii) the amount of Net Deferred Interest, if any, added to the Class Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Certificate Insurer, the Seller, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer and the Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reservedreserved]; (vii) the Loan Group Balance and related Net WAC and applicable Net WAC Cap for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) [reserved]; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period[reserved]; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and Loans for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates; (xvi) the Class Certificate Principal Balance or Class Certificate Notional Balance, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate and Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)[reserved]; (xxiii) current Recoveries allocable to each Loan Group; (xxiv) cumulative Recoveries allocable to each Loan Group; (xxv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxvii) payments made under the Yield Maintenance Agreements, if any; (xxviii) the amount of Net Deferred Interest, if any, added to the Class Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only ComponentsCertificates; (xxix) current Recoveries allocable to each Loan Groupthe amount of the Certificate Insurer Reimbursement Amount, if any; and (xxx) cumulative Recoveries allocable the Deficiency Amount, if any, to each Loan Groupbe paid by the Certificate Insurer. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to the Certificate Insurer and each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report obtained from the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reservedReserved]; (xxv) [reservedReserved]; (xxvi) [reservedReserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, any NIMS Insurer, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer Servicer, the Swap Provider, the Basis Risk Cap Provider and the Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date. The Distribution Date Statement shall include the following information, in each case, with respect to such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date[Reserved]; (iv) the aggregate amount of servicing compensation received by the Servicer during Servicing Fees, Subservicing Fees, Master Servicing Fees and Credit Risk Manager Fees for the related Due Period; (v) the amount of Advances for each Loan Group and the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance for each Loan Group and related the Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viiivii) [Reserved]the Pool Balance, the Pool Collateral Balance and the Loan Group Balance for such Distribution Date; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xviii) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xiix) for each Loan Group, the amount of fees, expenses or indemnification amounts paid by the Trust Fund with an identification of the general purpose of such amounts and the party receiving such amounts; (x) for each Loan Group, the number, weighted average remaining term to maturity maturity, weighted average life and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xiixi) for each Loan Group, the number and aggregate unpaid principal balance of the related Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month, using the OTS method; (xiiixii) for each Loan Group, the book value (if available) of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivxiii) for each Loan Group, the aggregate amount of any Principal Prepayments, net Principal Prepayments or other unscheduled recoveries of principal with respect to each Loan Group made during the related Prepayment Period; (xvxiv) for each Loan Group, the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvixv) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xviixvi) for each Loan Group, the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each related Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvii) for each Class, the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date after giving effect to any distributions made thereon, on such Distribution Date; (xviii) for each Loan Group, the related Available Funds; (xix) the Available Funds with respect to for each Loan Group; (xx) , the Pass-Through Rate and related Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxixx) for each Loan Group, the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxiixxi) for each Loan Group, the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxii) current Recoveries allocable to each Loan Group; (xxiii) cumulative Recoveries allocable to each Loan Group; (xxiv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest for each Class after giving effect to any distributions made thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]on such Distribution Date; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxviiixxvi) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Class Principal Balance of the related Certificates Certificates; (xxvii) the amount of any Unpaid Interest Shortfall Amount; (xxviii) the amount of the Group 1 Final Maturity Reserve Amount, the Group 2 Final Maturity Reserve Amount and Principal-Only Componentsthe Aggregate Final Maturity Reserve Amount deposited in the Final Maturity Reserve Account, and, on the Final Maturity Reserve Termination Date, the amount distributed from the Final Maturity Reserve Account to each Class of Certificates; (xxix) current Recoveries allocable to the Overcollateralized Amount for that Distribution Date; (xxx) the Overcollateralization Target Amount for that Distribution Date; (xxxi) the amount of any Class P Distributable Amount and the amount of any Class ES Distributable Amount; (xxxii) the amount on deposit in the Prefunding Account in the aggregate and for each Loan GroupGroup (including a breakdown of amounts released during the prior calendar month in respect of Aggregate Subsequent Transfer Amounts or amounts included in Available Funds on the Distribution Date in the month following the end of the Prefunding Period); (xxxiii) the amount of any payments made by the Basis Risk Cap Provider to the Basis Risk Cap Account pursuant to Section 5.13; (xxxiv) the aggregate Principal Balance and number of Subsequent Mortgage Loans purchased in the Prefunding Period; and (xxxxxxv) cumulative Recoveries allocable the amount of any Net Swap Payment to each Loan Groupthe Supplemental Interest Trust made pursuant to Section 5.10, any Net Swap Payment to the Swap Provider made pursuant to Section 5.10, any Swap Termination Payment to the Supplemental Interest Trust made pursuant to Sections 5.10 and any Swap Termination Payment to the Swap Provider made pursuant to Section 5.10. The Securities Administrator will shall make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Initial Cut-Off off Date. In addition to the information listed above, such Distribution Date Statement or the report on Form 10-D for such Distribution Date shall also include any other information required by Item 1121 (§ 229.1121) of Regulation AB. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to any NIMS Insurer and each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such PersonPerson or any NIMS Insurer, such information as is reasonably necessary to provide to such Person or any NIMS Insurer a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person or any NIMS Insurer was a CertificateholderCertificateholder and such other customary information which a Certificateholder reasonably requests to prepare its tax returns. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis. (d) In addition to the above, on each Distribution Date, the Servicers shall provide a monthly loan level data file, or the Securities Administrator shall make available on the Securities Administrator’s internet website a monthly loan level data file (based solely on information provided by the Servicers) containing data provided to the Securities Administrator by the Servicers, available to those who are permitted to access the website, including the Rating Agencies. Such data at a minimum shall contain the fields referenced in Exhibit Z.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Servicer (Trustee shall prepare and make available to each Holder of the “Distribution Date Statement”) Regular Certificates, the Servicer, the Certificate Insurer and the Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of the Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of the Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Datereserved; (iv) the aggregate amount of servicing compensation received by the Servicer during with respect to the related Due PeriodRemittance Period (separately identifying Servicing Fees and other servicing compensation) and such other customary information as the Trustee reasonably deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesRemittance Period; (vi) [Reserved]; (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Remittance Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, aggregate Stated Principal Balance, weighted average remaining term to maturity and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due Determination Date; (xiiviii) the number and aggregate unpaid principal balance Stated Principal Balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) that were (A) Delinquent (exclusive of Mortgage Loans in bankruptcy or foreclosure and REO Properties) (1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and Delinquent (e1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (C) in bankruptcybankruptcy and Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each preceding case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day day of the calendar month preceding the such Distribution Date, and, cumulatively, and (b) the related Mortgaged Properties of which are REO Properties; (ix) the total number and cumulative principal balance Stated Principal Balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Prepayment Period; (xivx) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxi) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xvixii) the Class aggregate amount of Subsequent Recoveries received during the related Prepayment Period and the cumulative amount of Subsequent Recoveries received since the Closing Date (xiii) the aggregate Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Regular Certificates after giving effect to the distributions, and allocations of Realized Losses, made on such Distribution Date separately identifying any distributions made thereonreduction thereof due to allocations of Realized Losses (in the case of the Subordinated Certificates and the Class C Certificates); (xiv) the Certificate Factor for each Class of the Regular Certificates applicable to such Distribution Date; (xv) the Accrued Certificate Interest for the Class A Certificates, on the Subordinated Certificates and the Class C Certificates for such Distribution Date and Unpaid Interest Shortfall Amount, if any, with respect to the Class A Certificates and the Subordinated Certificates for such Distribution Date; (xvi) the aggregate amount of any Net Prepayment Interest Shortfalls for such Distribution Date; (xvii) the aggregate amount of any Relief Act Interest Distributable Amount in respect of each Class of Certificates, Shortfalls for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls Overcollateralized Amount and the Unpaid Interest Shortfall Excess Overcollateralization Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates Credit Enhancement Percentage for such Distribution Date; (xx) the Net WAC Rate Carryover Amount for the Class A Certificates and the Subordinated Certificates, if any, for such Distribution Date and the amount remaining unpaid after payments from the Excess Reserve Fund Account are made pursuant to Section 4.01(e); (xxi) when the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, Stepdown Date has occurred and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loanwhen a Trigger Event is in effect; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid deposits to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)and withdrawals from the Excess Reserve Fund Account on such Distribution Date; (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR CertificatesAvailable Funds for such Distribution Date; (xxiv) [reserved]the respective Pass-Through Rates applicable to the Class A Certificates, the Subordinated Certificates and the Class C Certificates for such Distribution Date and the respective Pass-Through Rates applicable to the Class A Certificates and the Subordinated Certificates for the immediately succeeding Distribution Date; (xxv) [reserved];the aggregate Notional Amount of the Class C Certificates, in each case after giving effect the reductions thereof to occur on such Distribution Date; and (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, the Reimbursement Amount for such Loan Group; (xxviii) Distribution Date and the amount of Net Deferred Interest, if any, added to received by the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan GroupInsurer in respect thereof on such Distribution Date. The Securities Administrator Trustee will make the Distribution Date Statement such statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders Certificateholders, the Servicer, the Trustee, the Certificate Insurer and the other parties to this Agreement Rating Agencies via the Securities AdministratorTrustee’s internet website. The Securities AdministratorTrustee’s internet website shall initially be located at “▇▇▇.h▇▇▇▇://▇▇▇.▇▇▇.” ▇▇.▇▇▇/▇▇▇▇. Assistance in using the website can be obtained by calling the Securities AdministratorTrustee’s customer service desk at (1-▇▇▇) -▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option options are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator Trustee shall have the right to change the way such reports statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all above parties regarding any such changechanges. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as hypothetical Certificate having an initial Certificate Principal Balance or Notional Amount (in the case of the Cut-Off DateClass C Certificates) equal to $1,000. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) . On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape make available to Bloomberg Financial Marketsthe Class R Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. Within a reasonable period of time after the end of each calendar year, Inc. the Trustee shall deliver to each Person who at any time during the calendar year was a Class R Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Class R Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in force. The Trustee shall maintain at its Corporate Trust Office and shall make available free of charge during normal business hours for review by any Certificateholder, Inc. on Certificate Owner or any Person identified to the Trustee as a prospective transferee of a Certificate, originals or copies of the following items: (i) the private placement memorandum or other disclosure document relating to such Certificates, if any, in the form most recently provided to the Trustee; and (ii) in all cases, (A) this Agreement and any amendments hereof entered into pursuant to Section 11.01, (B) all monthly basisstatements required to be delivered to Certificateholders of the relevant Class pursuant to this Section 4.02 since the Closing Date, and shall supply an electronic tape all other notices, reports, statements and written communications delivered to Loan Performance the Certificateholders of the relevant Class pursuant to this Agreement since the Closing Date, (C) all certifications delivered by a Responsible Officer of the Trustee since the Closing Date pursuant to Section 9.01(h) and Intex Solutions in (D) any and all Officers’ Certificates delivered to the Trustee by the Servicer since the Closing Date to evidence the Servicer’s determination that any Advance or Servicing Advance was, or if made, would be a format acceptable to Loan Performance Nonrecoverable Advance or Nonrecoverable Servicing Advance, respectively. Copies and Intex Solutions on a monthly basismailing of any and all of the foregoing items will be available from the Trustee upon request at the expense of the person requesting the same.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer and the Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the each Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, each as of the related Determination Date; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]for each Loan Group, the aggregate Principal Balance of the One-Year CMT Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed, Six-Month LIBOR Indexed and One-Year LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period;[reserved] (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments and Prepayment Penalty Amounts with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the related Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any unpaid Basis Risk Shortfall, Shortfall or Unpaid Basis Risk Shortfall (if any, applicable) and the related accrued interest thereon, with respect to the LIBOR Class 1-A Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxxxxv) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On Concurrently with each Distribution Datedistribution to Certificateholders, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer Servicer, the Trustee and the Rating AgencyAgencies, a statement based, as applicable, on the Remittance Report obtained from loan-level information provided to it by the Master Servicer and the Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date. The Distribution Date Statement shall include the following: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the each Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesAdvances as reported by each Servicer; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (vii) [reserved]. (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed, Six-Month LIBOR Indexed, One-Year LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the and One-Year MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) the amount of the Master Servicer Fees paid to or retained by the Master Servicer; (x) the aggregate amount of Servicing Fees paid to or retained by the Servicers; (xi) to the extent that such amounts are paid out of the Distribution Account, the amount of fees, expenses or indemnification amounts paid by the Trust with an identification of the general purpose of such amounts and the party receiving such amounts; (xii) for each Loan Group, the number, weighted average remaining term to maturity maturity, weighted average life and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xiixiii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, using the “MBA” method (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiiixiv) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar rolling six-month preceding the delinquency rate for that Distribution Date, and, cumulatively, ; (xv) the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivxvi) the aggregate amount of Principal Prepayments and Prepayment Penalty Amounts with respect to each Loan Group made during the related Prepayment Period; (xvxvii) the aggregate amount of Realized Losses for each Loan Group and Recoveries incurred during the related Due Period and the cumulative amount of Realized LossesLosses and Recoveries as of such Distribution Date; (xvixviii) the cumulative amount of Realized Losses for each Loan Group; (xix) the Realized Losses and Recoveries, if any, allocated to each Class of Certificates on the related Distribution Date; (xx) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xviixxi) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixxii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xixxxiii) the Available Funds with respect to each Loan Group; (xxxxiv) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxixxv) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxiixxvi) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiiixxvii) the total number of Mortgage Loans in the aggregate and the aggregate Stated Principal Balance for the Group 1 Mortgage Loans (also separately stating such information for the Adjustable Rate Mortgage Loans, the Three-Year Hybrid Mortgage Loans and the Five-Year Hybrid Mortgage Loans), the Group 2 Mortgage Loans, the Group 3 Mortgage Loans and Group 4 Mortgage Loans, in each case at the close of business at the end of the related Due Period; and (xxviii) with respect to the Mortgage Loans, but only if such Mortgage Loans were subject to a modification of terms made during the related Due Period as part of a loss mitigation strategy, the following items: (a) the percentage (by outstanding Principal Balance) and the number of Mortgage Loans that were modified in the related Due Period; (b) the cumulative percentage (by Cut-Off Date Principal Balance) of modified mortgage loans; (c) the amount of any Basis Risk Shortfall, if any, principal and the related accrued interest thereon, forgiven with respect to modified Mortgage Loans for the LIBOR Certificatesrelated Due Period; (xxivd) [reserved]the cumulative amount of principal and interest forgiven with respect to modified Mortgage Loans from the Closing Date; (xxve) [reserved]the percentage (by outstanding Principal Balance) of modified Mortgage Loans that are included in the delinquency trigger calculation for purposes of the Step Down Conditions and the Two Times Test; (xxvif) [reserved]the delinquency status of the modified Mortgage Loans both pre- and post- modification; (xxviig) for each the number of times the Mortgage Loan Group, the amount of Net Deferred Interest, if any, for such Loan Grouphas been subject to modification; (xxviiih) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance effective date of the related Certificates and Principal-Only Componentsmodification; (xxixi) the number of modifications made to Mortgage Loans in the last twelve months; (j) the percentage (by outstanding Principal Balance) of modified Mortgage Loans that are current Recoveries allocable to each Loan Groupor delinquent in payment and the delinquency status of the modified Mortgage Loans from the Closing Date; and (xxxk) cumulative Recoveries allocable to each the Loan GroupRate of the modified Mortgage Loans pre- and post- modification. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇w▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇1-▇▇▇▇866-846-4526. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (bl) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through ), (iiiii) and (xxiiv) above, aggregated for such calendar year or applicable portion thereof during which such Person was a CertificateholderCertificateholder and such other customary information which a Certificateholder reasonably requests to prepare its tax returns. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (cm) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Mortgage Loan information contained in the Remittance Report obtained from Report, the Master Servicer (the “Distribution Date Statement”) Trustee shall prepare and post on its website at http://www.usbank.com/abs, a statement as to the distributions to be made or made, as applicable, on such Distribution Date▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principalprincipal or reduction of Notional Amount, separately identified; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interestinterest or Class X Distributable Amount, separately identified; (iii) the Senior PercentageOvercollateralization Amount, Senior Prepayment Percentagethe Overcollateralization Release Amount, Subordinate Percentage the Overcollateralization Deficiency and Subordinate Prepayment Percentage with respect to each Loan Group the Targeted Overcollateralization Amount as of such Distribution Date and the Monthly Excess Interest Amount and Monthly Excess Cashflow Amount for the following such Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due Collection Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesCollection Period; (vi) [Reserved]; (vii) the Pool Balance and the Loan Group Balance and related Net WAC for each Loan Group at the Close close of Business business at the end of the related Due Collection Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) separately stated for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Mortgage Interest Rate of the related Mortgage Loans as of the related Due Date; (xiiviii) separately stated for each Loan Group, the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) 30 to 59 days Delinquentpast due on a contractual basis, (b) 60 to 89 days Delinquentpast due on a contractual basis, (c) 90 or more days Delinquentpast due on a contractual basis, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case bankruptcy as of the close of business on the last day of the calendar month preceding such Distribution Date; (ix) separately stated for each Loan Group, with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number of such Mortgage Loan, the unpaid principal balance and the Principal Balance of such Mortgage Loan as of the date it became an REO Property; (xiiix) separately stated for each Loan Group, the book value of any REO Property as of the Close close of Business business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close close of Business business of the last day of the preceding Due Collection Period; (xivxi) separately stated for each Loan Group, the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxii) the aggregate amount of prepayment penalties collected (including amounts deposited in connection with the full or partial waiver of such prepayment penalties pursuant to Section 3.01) during the related Collection Period and the amounts thereof allocable to the Class N Certificates and the Class X Certificates; (xiii) separately stated for each Loan Group, the aggregate amount of Realized Losses incurred during the related Due Collection Period and the cumulative amount of Realized Losses; (xvixiv) the Class Certificate Principal Balance Balance, or Notional Amount, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates Certificates, after giving effect to any distributions the distributions, and allocations of Realized Losses or Applied Realized Loss Amounts, as applicable, made thereon, on such Distribution Date, separately identifying any reduction thereof due to allocations of Realized Losses or Applied Realized Loss Amounts; (xviixv) the Accrued Certificate Interest Distributable Amount in respect of each Class of Certificates, Fixed-Rate and Floating Rate Certificates for such Distribution Date Date, separately identifying the portions thereof attributable to Cap Carryover Amounts, and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvi) the aggregate amount of any Net Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.23; (xvii) [Reserved]; (xviii) [Reserved]; (xix) the amount of the Trustee Fee paid; (xx) the Cap Carryover Amounts distributed on such Distribution Date and the Unpaid Interest Shortfall Amount for portion thereof constituting Cap Carryover Amounts, the amount of all Cap Carryover Amounts covered by withdrawals from the Reserve Accounts and the amounts remaining after giving effect to distributions thereof on such Distribution Date; (xixxxi) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date; (xxii) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the original Pool Balance; (xxiii) the Available Funds with respect to each Loan GroupFunds; (xxxxiv) the Pass-Through Rate rate at which interest accrues for each Class of Certificates for such Distribution Date; (xxixxv) the Liquidation Report for such Distribution Date; (xxvi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Servicer or Seller during the related Due Period, Collection Period and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, Agreement requiring or allowing the purchase of each such Mortgage Loan; (xxiixxvii) the amount aggregate Principal Balance of any Principal Deficiency Amounts the Mortgage Loans repurchased by the Servicer (or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiiiaffiliate) the amount of any Basis Risk Shortfall, if any, and during the related accrued interest thereon, Collection Period in connection with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group;Section 3.16; and (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of Subsequent Recoveries received during the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇Prepayment Period. Parties that are unable to use the above distribution option http://www.usbank.com/abs are entitled to have a paper copy mailed to them via first class mail t▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ by calling the customer service desk Trustee at (651) 495-3847 and indicating such. The Securities Administrator Trustee shall have the right to change the way ▇▇▇▇▇▇ ▇▇▇ ▇▇y such reports statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all above parties regarding any such changechanges. The Trustee may fully rely upon and shall have no liability with respect to information with respect to the Mortgage Loans provided by the Servicer. In the case of information furnished pursuant to subclauses (i) and through (iiiii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, Trustee shall furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through ), (iiiii), (xv) and (xxixx) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape make available to Bloomberg Financial Markets, Inc. the Residual Certificateholders a copy of the reports made available to the Regular Certificateholders in a format acceptable respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. Such obligation of the Trustee shall be deemed to Bloomberg Financial Markets, Inc. on a monthly basis, have been satisfied to the extent that substantially comparable information shall be prepared and shall supply an electronic tape furnished to Loan Performance and Intex Solutions Residual Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in a format acceptable to Loan Performance and Intex Solutions on a monthly basisforce.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Mortgage Loan information contained in the Remittance Report obtained from Report, the Master Servicer (the “Distribution Date Statement”) Trustee shall prepare and post on its website at ▇▇▇.▇▇▇▇▇▇.▇▇▇/▇▇▇, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal, separately identified; (ii) the applicable Record Date, accrual date and Determination Date; (iii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentageinterest or Class CE-1 Distributable Amount, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Dateseparately identified; (iv) the Overcollateralization Amount, the Overcollateralization Release Amount, the Overcollateralization Deficiency and the Targeted Overcollateralization Amount as of such Distribution Date and the Monthly Excess Interest Amount and Monthly Excess Cashflow Amount for such Distribution Date; (v) the aggregate amount of servicing compensation received by the Servicer during the related Due Collection Period; (vvi) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved];Collection Period; 104 (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group at the Close close of Business business at the end of the related Due Collection Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Mortgage Interest Rate of the related Mortgage Loans as of the related Due Date; (xiiix) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) 30 31 to 59 60 days Delinquent, (b) 60 61 to 89 90 days Delinquent, (c) 90 91 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case bankruptcy as of the close of business on the last day of the calendar month preceding such Distribution Date; (x) with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number of such Mortgage Loan, the unpaid principal balance and the Principal Balance of such Mortgage Loan as of the date it became an REO Property; (xiiixi) the book value of any REO Property as of the Close close of Business business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close close of Business business of the last day of the preceding Due Collection Period; (xivxii) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxiii) the aggregate amount of prepayment penalties collected (including amounts deposited in connection with the full or partial waiver of such prepayment penalties pursuant to Section 3.01) during the related Collection Period and the amounts thereof allocable to the Class P Certificates; (xiv) the aggregate amount of Realized Losses incurred during the related Due Collection Period and the cumulative amount of Realized Losses; (xv) any material modifications, extensions or waivers to the terms, fees, penalties or payments of the related Mortgage Loans; (xvi) the Class Certificate Principal Balance Balance, or Notional Amount, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates Certificates, after giving effect to any distributions the distributions, and allocations of Realized Losses or Applied Realized Loss Amounts, as applicable, made thereon, on such Distribution Date, separately identifying any reduction thereof due to allocations of Realized Losses or Applied Realized Loss Amounts; (xvii) the Accrued Certificate Interest Distributable Amount in respect of each Class of Certificatesthe Class A, Class M and Class B Certificates for such Distribution Date Date, separately identifying the portions thereof attributable to Net WAC Carryover Amounts, and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.23; (xix) the amount of any Net Swap Payments or Swap Termination Payments paid or received by the Supplemental Interest Trust pursuant to the Swap Agreement and the Unpaid amount of any Defaulted Swap Termination Payments paid by the Supplemental Interest Shortfall Amount for Trust; 105 (xx) the amount, if any, received pursuant to the Cap Agreement and the amount thereof, if any, to be paid to each Class of Certificates; (xxi) the amount of the Trustee Fee paid; (xxii) the Net WAC Carryover Amounts distributed on such Distribution Date; (xixxxiii) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date; (xxiv) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the original Pool Balance; (xxv) the Available Funds with respect to each Loan GroupFunds; (xxxxvi) the Pass-Through Rate rate at which interest accrues for each Class of Certificates for such Distribution Date; (xxixxvii) the Liquidation Report for such Distribution Date; (xxviii) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Servicer or Seller during the related Due Period, Collection Period and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, Agreement requiring or allowing the purchase of each such Mortgage Loan; (xxiixxix) the aggregate Principal Balance of the Mortgage Loans repurchased by the Servicer (or an affiliate) during the related Collection Period in connection with Section 3.16; (xxx) the amount distributed to the Class CE-1, Class CE-2, Class P, Class R and Class R-X Certificates; (xxxi) the related Distribution Date; and (xxxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, cash received with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added related accrual period. Parties that are unable to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “use ▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (/▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option ▇ are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk Trustee at (800) 934-6802 and indicating such. The Securities Administrator Trustee shall have the right to change the way such reports statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all above parties regarding any such changechanges. The Trustee may fully rely upon and shall have no liability with respect to information with respect to the Mortgage Loans provided by the Servicer. In the case of information furnished pursuant to subclauses (i), (iii) and (iiiv) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, Trustee shall furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through ), (iii), (xvii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.and

Statements. (a) On each Distribution Date, the Securities Administrator Trustee shall make available to the Trustee, each Certificateholder, the Certificate Insurer, the Seller, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from and the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due Period, the Custodial Fee paid to the Custodian during the related Due Period and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Pool Collateral Balance and the Loan Group Collateral Balance for such Distribution Date; (vii) the Loan Group Balance and related Net WAC and applicable Net WAC Cap for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xix) the amount on deposit in the Prefunding Account in the aggregate and for each Loan Group, Group (including a breakdown of amounts released during the aggregate Principal Balance prior calendar month in respect of Aggregate Subsequent Transfer Amounts or amounts included in Available Funds on the MTA Indexed Mortgage Loans at Distribution Date in the Close of Business at month following the end of the related Due Prefunding Period); (x) [Reserved]; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates or Principal-Only Components; (xvi) the Class Certificate Principal Balance or Class Notional Balance, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate and Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i5.01(e)(i); (xxiii) current Recoveries allocable to each Loan Group; (xxiv) cumulative Recoveries allocable to each Loan Group; (xxv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxvii) payments made under the Yield Maintenance Agreements, if any; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Class Principal Balance of the related Certificates and Principal-Only ComponentsCertificates; (xxix) current Recoveries allocable the amount of the Certificate Insurer Reimbursement Amount, if any; (xxx) the Deficiency Amount, if any, to be paid by the Certificate Insurer; (xxxi) the number of mortgage loans and the aggregate principal balance of the mortgage loans that have negatively amortized in each Loan Group; and (xxxxxxii) cumulative Recoveries allocable the amount of any payment to each Loan Groupthe Class X-3 Certificate of any Class X-3 Amortization Shortfall and the amount remaining on deposit in the Group 3 Prepayment Account, if any, after any such payment. The Securities Administrator Trustee will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities AdministratorTrustee’s internet Internet website. The Securities AdministratorTrustee’s internet Internet website shall initially be located at “▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s Trustee customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator Trustee shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator Trustee shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Initial Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to the Certificate Insurer and each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the SellerSponsor, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicers and the Master Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Pool Balance for such Distribution Date; (vii) the Loan Group Balance and related Net Maximum Rate Cap, the Net WAC for each Loan Group and the applicable Net WAC Cap at the Close of Business at the end of the related Due Period; (viii) [Reserved]the aggregate Principal Balance of the One-Month MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period[Reserved]; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Groupaggregate, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month, in each case, using the MBA method; (xiii) the book value (if available) of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates; (xvi) the Class Certificate Principal Balance or Class Notional Balance, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan GroupFunds; (xx) the Pass-Through Rate and Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller Sponsor or an Originator, as applicable, during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) current Recoveries allocable to the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)Mortgage Loans; (xxiii) cumulative Recoveries allocable to the Mortgage Loans; (xxiv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Groupthe Mortgage Loans; (xxviiixxvi) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Class Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan GroupCertificates; and (xxxxxvii) cumulative Recoveries allocable to each Loan Groupthe amount of any Class P Distributable Amount and the Class ES Distributable Amount. The Securities Administrator will shall make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through ), (iiiii) and (xxiiv) above, aggregated for such calendar year or applicable portion thereof during which such Person was a CertificateholderCertificateholder and such other customary information which a Certificateholder reasonably requests to prepare its tax returns. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Trustee shall prepare and make available to each Holder of the Regular Certificates, the Servicer (and the “Distribution Date Statement”) Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class S Certificates), separately identified, allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class ARR Certificates) allocable to interest, separately identified; (iii) the Senior PercentageOvercollateralized Amount, Senior Prepayment Percentagethe Overcollateralization Release Amount, Subordinate Percentage the Overcollateralization Deficiency Amount and Subordinate Prepayment Percentage with respect to each Loan Group the Overcollateralization Target Amount as of such Distribution Date and the Excess Overcollateralized Amount for the following Mortgage Pool for such Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during with respect to the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesPeriod; (vi) [Reserved]; (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, aggregate principal balance, weighted average remaining term to maturity and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due Determination Date; (xiiviii) the number and aggregate unpaid principal balance of Mortgage Loans, Loans that were (A) Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and Delinquent (e1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (C) in bankruptcybankruptcy and Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day day of the calendar month preceding the such Distribution Date, and, cumulatively, Date and (D) REO Properties; (ix) [reserved] (x) the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Prepayment Period; (xivxi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xvixiii) the Class aggregate amount of extraordinary Trust Fund expenses withdrawn from the Collection Account for such Distribution Date; (xiv) the Certificate Principal Balance of each the Class of A Certificates, the Mezzanine Certificates, the Class ARR Certificates and the Apportioned Principal Balances Class C Certificates and the Notional Amount of the Subordinate Certificates Class S Certificates, after giving effect to any the distributions made thereon, on such Distribution Date; (xviixv) the Monthly Interest Distributable Amount in respect of each Class of Class A Certificates, the Class S Certificates, each Class of Mezzanine Certificates and the Class C Certificates for such Distribution Date and the respective portions thereofUnpaid Interest Shortfall Amount, if any, remaining unpaid following with respect to the distributions made in respect Class A Certificates, the Class S Certificates and the Mezzanine Certificates for such Distribution Date; (xvi) the aggregate amount of any Prepayment Interest Shortfalls for such Certificates on Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.24; (xvii) the Credit Enhancement Percentage for such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls WAC Rate Carryover Amount for the Class A Certificates and the Unpaid Interest Shortfall Amount Mezzanine Certificates, if any, for such Distribution Date and the amount remaining unpaid after reimbursements therefor on such Distribution Date; (xix) the Available Funds with respect Overcollateralization Target Amount, any Overcollateralized Amount and Overcollateralization Deficiency Amount after giving effect to each Loan Group; (xx) the Pass-Through Rate for each Class distribution of Certificates for principal on such Distribution Date; (xx) when the Stepdown Date or a Trigger Event has occurred; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan;Available Funds; and (xxii) the amount respective Pass-Through Rates applicable to the Class A Certificates, the Class S Certificates, each Class of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, Mezzanine Certificates and the related accrued interest thereon, with respect Class C Certificates for such Distribution Date and the Pass-Through Rate applicable to the LIBOR Class A Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Class S Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan GroupClass of Mezzanine Certificates for the immediately succeeding Distribution Date. 106 The Securities Administrator Trustee will make the Distribution Date Statement such statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement Rating Agencies via the Securities Administrator’s Trustee's internet website. The Securities Administrator’s Trustee's internet website shall initially be located at “"h▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇▇.” /▇▇▇▇". Assistance in using the website can be obtained by calling the Securities Administrator’s Trustee's customer service desk at (▇▇▇800) ▇▇▇735-▇▇▇▇7777. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator Trustee shall have the right to change the way such reports statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all above parties regarding any such changechanges. As a condition to access to the Trustee's internet website, the Trustee may require registration and the acceptance of a disclaimer. The Trustee will not be liable for the dissemination of information in accordance with this Agreement. The Trustee shall also be entitled to rely on but shall not be responsible for the content or accuracy of any information provided by third parties for purposes of preparing the Distribution Date statement and may affix thereto any disclaimer it deems appropriate in its reasonable discretion (without suggesting liability on the part of any other party thereto). In the case of information furnished pursuant to subclauses (i) and through (iiiii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape make available to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Trustee shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Markets, Inc. on the previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a monthly basis, Residual Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and shall supply an electronic tape furnished to Loan Performance and Intex Solutions Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in a format acceptable to Loan Performance and Intex Solutions on a monthly basisforce.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Trustee shall make available to each Holder of the Regular Certificates, the Seller, the Servicer and the Rating Agencies, a statement (the “"Distribution Date Statement”") as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Pro Rata Senior Percentage, Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, each as of the related Determination Date; (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xix) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xiix) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close Close of business Business on the last day of the calendar month preceding calendar monthsuch Distribution Date; (xiiixi) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivxii) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxiii) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvixiv) the Class Certificate Principal Balance of each Class of Certificates (other than the Class X Certificates) and the Apportioned Principal Balances Class X Certificate Notional Balance of the Subordinate Certificates Class X Certificates, after giving effect to any distributions made thereon, on such Distribution Date; (xviixv) the Interest Distributable Amount in respect of each Class of the Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvi) the aggregate amount of any Net Prepayment Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.24 hereof; (xixxvii) the Available Funds with respect to each Loan GroupFunds; (xxxviii) the Pass-Through Rate for each Class of Certificates for such Distribution Date;; and (xxixix) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Servicer or the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, Agreement requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator Trustee will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s Trustee's internet websitewebsite and will forward the Distribution Date Statement to each Rating Agency. The Securities Administrator’s Trustee's internet website shall initially be located at “"▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” ". Assistance in using the website can be obtained by calling the Securities Administrator’s Trustee's customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option options are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating suchrequesting same. The Securities Administrator Trustee shall have the right to change the way such reports Distribution Date Statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all the above parties regarding any such changechanges. The Trustee's obligations pursuant to this Section 4.04 are limited to the extent of its receipt of all necessary information from the Servicer. The Trustee may fully rely upon and shall have no liability with respect to information provided by the Servicer. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. In addition, certain additional information as agreed upon by the Servicer will be provided by the Trustee to a Certificateholder upon the request of such Certificateholder. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basisInc. (d) [Reserved].

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer and the Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Group 1 Subordinate Percentage, Group 2 Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the each Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reservedreserved]; (vii) the Loan Group Balance and related Net WAC and applicable Net WAC Cap for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans and the COFI Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) Reserved; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due PeriodReserved; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and Loans for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates; (xvi) the Class Certificate Principal Balance or Class Certificate Notional Balance, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the related Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)[reserved; (xxiii) current Recoveries allocable to each Loan Group; (xxiv) cumulative Recoveries allocable to each Loan Group; (xxv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxvii) payments made under the Yield Maintenance Agreement, if any; and (xxviii) the amount of Net Deferred Interest, if any, added to the Class Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan GroupCertificates. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Certificate Administrator shall prepare and make available to each Holder of the Regular Certificates, the Servicer (and the “Distribution Date Statement”) Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class P Certificates allocable to principalPrepayment Charges; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viiiiv) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity aggregate principal balance, and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due DateDetermination Date and the number and aggregate principal balance of all Subsequent Mortgage Loans added during the preceding Prepayment Period; (xiiv) the number and aggregate unpaid principal balance of Mortgage Loans, Loans that were (A) Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and (eC) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar monthREO Properties; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivvi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvvii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xviviii) the Class Certificate Principal Balance of each the Class of A-1 Certificates, the Mezzanine Certificates and the Apportioned Principal Balances of the Subordinate Certificates Class O Certificates, after giving effect to any the distributions made thereon, on such Distribution Date; (xviiix) the Unpaid Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereofShortfall Amount, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of A-1 Certificates, the Mezzanine Certificates and the Class AIO Certificates for such Distribution Date; (xxix) the aggregate Principal Balance amount of Mortgage Loans purchased hereunder any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Servicer pursuant to Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan3.25; (xxiixi) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)Credit Enhancement Percentage for such Distribution Date; (xxiiixii) the amount of any Basis Risk Shortfall, if any, Available Funds Cap Carryforward Amount for the Class A-1 Certificates and the related accrued interest thereon, with respect to the LIBOR Mezzanine Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) Distribution Date and the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Groupremaining unpaid after reimbursements therefor on such Distribution Date; and (xxxxiii) cumulative Recoveries allocable the respective REMIC Pass-Through Rates applicable to each Loan Group. The Securities Administrator will make the Class A-1 Certificates, the Mezzanine Certificates and the Class AIO Certificates for such Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇REMIC Pass-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible Through Rate applicable to the parties, Class A-1 Certificates and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such changeMezzanine Certificates for the immediately succeeding Distribution Date. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Closing Date. The Certificate Administrator may, in the absence of manifest error, conclusively rely upon the Determination Date Report of the Servicer in its preparation of the statement to Certificateholders pursuant to this Section 4.03. (b) Within a reasonable period of time after the end of each calendar year, the Securities Certificate Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Certificate Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Certificate Administrator shall supply an electronic tape forward to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Certificate Administrator deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Certificate Administrator shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Certificate Administrator pursuant to any requirements of the Code as from time to time in force. (e) No later than noon on the Business Day prior to each Distribution Date, Inc. on a monthly basisthe Certificate Administrator shall forward, and by facsimile transmission, the statement prepared pursuant to paragraph (a) of this Section 4.03, together with all other information reasonably necessary to make the distributions pursuant to Section 4.01 of this Agreement, to the Trustee. On each Distribution Date, the Trustee shall supply an electronic tape forward by mail to Loan Performance and Intex Solutions in a format acceptable each Certificateholder the statement prepared pursuant to Loan Performance and Intex Solutions on a monthly basisparagraph (a) of this Section 4.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Certificate Insurer, the Seller, any NIMS Insurer, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer and the Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date. The Distribution Date Statement shall include the following information, in each case, with respect to such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date[Reserved]; (iv) the aggregate amount of servicing compensation received by the Servicer during Servicing Fees, Master Servicing Fees and Credit Risk Manager’s Fees for the related Due Period; (v) the amount of Advances for each Loan Group and the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance for each Loan Group and related the Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viiivii) [Reserved]the Pool Collateral Balance and the Loan Group Collateral Balance for such Distribution Date; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xviii) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xiix) for each Loan Group, the amount of fees, expenses or indemnification amounts paid by the Trust Fund with an identification of the general purpose of such amounts and the party receiving such amounts; (x) for each Loan Group, the number, weighted average remaining term to maturity maturity, weighted average life and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xiixi) for each Loan Group, the number and aggregate unpaid principal balance of the related Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month, using the MBA method; (xiiixii) for each Loan Group, the book value (if available) of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivxiii) for each Loan Group, the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxiv) for each Loan Group, the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvixv) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xviixvi) for each Loan Group, the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each related Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvii) for each Loan Group, the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date after giving effect to any distributions made thereon, on such Distribution Date; (xviii) for each Loan Group, the related Available Funds; (xix) the Available Funds with respect to for each Loan Group; (xx) , the Pass-Through Rate and related Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxixx) for each Loan Group, the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Mortgage Loan Purchase Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxiixxi) for each Loan Group, the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiiixxii) the amount of any Basis Risk Shortfall and Unpaid Basis Risk Shortfall, if any, and the related accrued interest for each Class after giving effect to any distributions made thereon, with respect to the LIBOR Certificateson such Distribution Date; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxviixxiii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxviiixxiv) the amount of the Certificate Insurer Reimbursement Amount, if any; (xxv) the Deficiency Amount, if any, to be paid by the Certificate Insurer; (xxvi) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Class Principal Balance of the related Certificates Certificates (xxvii) the amount of any Unpaid Interest Shortfall Amount; (xxviii) the amount of any Final Maturity Reserve Amount deposited in the Final Maturity Reserve Account, and, on the earlier of (i) the Distribution Date in September 2026 and Principal-Only Components(ii) the termination of the Trust, the amount distributed from the Final Maturity Reserve Account to each Class of Certificates; (xxix) current Recoveries allocable to each Loan Groupthe Overcollateralized Amount for that Distribution Date; (xxx) the Overcollateralization Target Amount for that Distribution Date; (xxxi) the amount of any Class P Distributable Amount; and (xxxxxxii) cumulative Recoveries allocable to the amount on deposit in the Prefunding Account in the aggregate and for each Loan GroupGroup (including a breakdown of amounts released during the prior calendar month in respect of Aggregate Subsequent Transfer Amounts or amounts included in Available Funds on the Distribution Date in the month following the end of the Prefunding Period). The Securities Administrator will shall make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Initial Cut-Off off Date. In addition to the information listed above, such Distribution Date Statement or the report on Form 10-D for such Distribution Date shall also include any other information required by Item 1121 (§ 229.1121) of Regulation AB. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to any NIMS Insurer, the Certificate Insurer and each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such PersonPerson or any NIMS Insurer, such information as is reasonably necessary to provide to such Person or any NIMS Insurer a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person or any NIMS Insurer was a CertificateholderCertificateholder and such other customary information which a Certificateholder reasonably requests to prepare its tax returns. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Trustee shall prepare and make available to each Holder of the Regular Certificates, the Swap Counterparties, the Servicer (and the “Distribution Date Statement”) Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class P Certificates allocable to principalPrepayment Charges; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Pool Balance of the One-Month LIBOR Indexed Group I Mortgage Loans, the Group II Mortgage Loans and the Group III Mortgage Loans at the Close of Business at the end of the related Due Period; (xiv) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity aggregate principal balance, and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due DateDetermination Date and the number and aggregate principal balance of all Subsequent Mortgage Loans added during the preceding Prepayment Period; (xiiv) the number and aggregate unpaid principal balance of Mortgage Loans, Loans that were (A) Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and (eC) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar monthREO Properties; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivvi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvvii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xviviii) the Class Certificate Principal Balance of each class of the Class A Certificates, each class of the Mezzanine Certificates, each class of the Class B Certificates and the Apportioned Principal Balances of the Subordinate Certificates Class O Certificates, after giving effect to any the distributions made thereon, on such Distribution Date; (xviiix) the Unpaid Interest Distributable Shortfall Amount, if any, with respect to each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of Class B Certificates for such Distribution Date; (x) the aggregate amount of any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.25; (xi) the Credit Enhancement Percentage for such Distribution Date; (xii) the Available Funds Cap Carryforward Amount in respect for each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of the Class of CertificatesB Certificates if any, for such Distribution Date and the respective portions thereof, if any, amount remaining unpaid following after reimbursements therefor on such Distribution Date; (xiii) the distributions made in respect respective Pass-Through Rates applicable to each class of the Class A Certificates, each class of the Mezzanine Certificates and the Class B Certificates for such Distribution Date and the Pass-Through Rate applicable to each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of the Class B Certificates for the immediately succeeding Distribution Date; (xiv) the Supplemental Interest Payment for each Class on such Distribution Date; (xv) the difference between (x) the sum of (i) aggregate notional amount of the Swap Agreements and (ii) the aggregate notional amount of the Cap Agreements and (y) the aggregate Certificate Principal Balance of the Underwritten Certificates on such Distribution Date; (xviiixvi) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Required Overcollateralization Amount for such Distribution Date;; and (xixxvii) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates Excess Cashflow for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Closing Date. The Trustee may, in the absence of manifest error, conclusively rely upon the Determination Date Report of the Servicer in its preparation of the statement to Certificateholders pursuant to this Section 4.03. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape forward to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Trustee shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in force. (e) On each Distribution Date, Inc. the Trustee shall post on its website at ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇\absmbs, which posting shall be accessible to each Certificateholder and the Swap Counterparty, the statement prepared pursuant to paragraph (a) of this Section 4.03. Assistance in using the website can be obtained by calling the Trustee's customer service desk at ▇-▇▇▇-▇▇▇-▇▇▇▇. Such parties that are unable to use the website are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Trustee shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or accessible to the above parties and the Trustee shall provide timely and adequate notification to all above parties regarding any such changes. The Trustee shall not have any responsibility to (i) verify information provided by the Servicer to be included in such statement or (ii) include any information required to be included in such statement if the Servicer has failed to timely produce such information to the Trustee, as required pursuant hereto. (f) No later than noon on the second Business Day prior to each Distribution Date, the Trustee will verify that no Notional Amount Test Event is scheduled to occur on the related Distribution Date. In the event a Notional Amount Test Event would otherwise occur on the related Distribution Date, the Trustee will immediately provide notice in the form of Exhibit J to the appropriate NovaStar entity and assign in $10,000,000 increments a portion of the related notional amount from the affected Swap Agreement on the day immediately preceding that Distribution Date until no Notional Amount Test Event will occur on the related Distribution Date. The Trustee shall assign the applicable notional amount from the Swap Agreement with the earliest maturity. In the event that two or more Swap Agreements have the same maturity date, which date is the earliest maturity date of the outstanding Swap Agreements, the Trustee shall assign the applicable notional amounts from the Swap Agreement(s) on a monthly pro rata basis. Once such notional amounts have been assigned back to the appropriate NovaStar entity, and the related Swap Counterparty will have no obligation to, nor interest in, the Trust with respect to such notional amounts. Furthermore, no distributions will be made from the Supplemental Interest Trust I to the related Swap Counterparty in respect of notional amounts assigned under this Section 4.03 (f). In no event shall supply an electronic tape the Trustee allow a Notional Amount Test Event to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions occur on a monthly basisany Distribution Date.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Certificate Administrator shall prepare and make available to each Holder of the Regular Certificates, the Servicer (and the “Distribution Date Statement”) Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class P Certificates allocable to principalPrepayment Charges; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viiiiv) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity aggregate principal balance, and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due DateDetermination Date and the number and aggregate principal balance of all Subsequent Mortgage Loans added during the preceding Prepayment Period; (xiiv) the number and aggregate unpaid principal balance of Mortgage Loans, Loans that were (A) Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and (eC) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar monthREO Properties; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivvi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvvii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xviviii) the Class Certificate Principal Balance of each class of the Class A Certificates, each class of the Mezzanine Certificates and the Apportioned Principal Balances of the Subordinate Certificates Class O Certificates, after giving effect to any the distributions made thereon, on such Distribution Date; (xviiix) the Unpaid Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereofShortfall Amount, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) class of the Pass-Through Rate for Class A Certificates, each class of the Mezzanine Certificates and the Class of AIO Certificates for such Distribution Date; (xxix) the aggregate Principal Balance amount of Mortgage Loans purchased hereunder any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Servicer pursuant to Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan3.25; (xxiixi) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)Credit Enhancement Percentage for such Distribution Date; (xxiiixii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) Available Funds Cap Carryforward Amount for each Loan Group, class of the amount Class A Certificates and each class of Net Deferred Interestthe Mezzanine Certificates, if any, for such Loan GroupDistribution Date and the amount remaining unpaid after reimbursements therefor on such Distribution Date; (xxviiixiii) the amount of Net Deferred Interest, if any, added respective REMIC Pass-Through Rates applicable to the Certificate Principal Balance or Component Principal Balance each class of the related Class A Certificates, each class of the Mezzanine Certificates and Principalthe Class AIO Certificates for such Distribution Date and the REMIC Pass-Only ComponentsThrough Rate applicable to each class of the Class A Certificates and each class of the Mezzanine Certificates for the immediately succeeding Distribution Date; (xxixxiv) current Recoveries allocable to the Supplemental Interest Payment for each Loan GroupClass on such Distribution Date; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Closing Date. The Certificate Administrator may, in the absence of manifest error, conclusively rely upon the Determination Date Report of the Servicer in its preparation of the statement to Certificateholders pursuant to this Section 4.03. (b) Within a reasonable period of time after the end of each calendar year, the Securities Certificate Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Certificate Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Certificate Administrator shall supply an electronic tape forward to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Certificate Administrator deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Certificate Administrator shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Certificate Administrator pursuant to any requirements of the Code as from time to time in force. (e) No later than noon on the Business Day prior to each Distribution Date, Inc. the Certificate Administrator shall forward, by facsimile transmission, the statement prepared pursuant to paragraph (a) of this Section 4.03, together with all other information reasonably necessary to make the distributions pursuant to Section 4.01 of this Agreement, to the Trustee. On each Distribution Date, the Certificate Administrator, on a monthly basisbehalf of the Trustee, and shall supply an electronic tape forward by mail to Loan Performance and Intex Solutions in a format acceptable each Certificateholder the statement prepared pursuant to Loan Performance and Intex Solutions on a monthly basisparagraph (a) of this Section 4.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Mortgage Loan information contained in the Remittance Report obtained from Report, the Master Servicer (Trustee shall prepare and post on its website at www.usbank.com/abs and forward by mail to each Holder of the “Distribution Date Statement”) Regular Ce▇▇▇▇▇▇▇▇▇▇, ▇ ▇▇▇▇ement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principalprincipal or reduction of Notional Amount, separately identified; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interestinterest or Class X Distributable Amount, separately identified; (iii) the Senior PercentageOvercollateralization Amount, Senior Prepayment Percentagethe Overcollateralization Release Amount, Subordinate Percentage the Overcollateralization Deficiency and Subordinate Prepayment Percentage with respect to each Loan Group the Overcollateralization Target Amount as of such Distribution Date and the Monthly Excess Interest Amount and Monthly Excess Cashflow Amount for the following such Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due PeriodCollection Period and accrued and unpaid Special Servicing Fees; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesCollection Period; (vi) [Reserved]; (vii) the Pool Balance and the Loan Group Balance and related Net WAC for each Loan Group at the Close close of Business business at the end of the related Due Collection Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) separately stated for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Mortgage Interest Rate of the related Mortgage Loans as of the related Due Date; (xiiviii) separately stated for each Loan Group, the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) 30 to 59 days Delinquentpast due on a contractual basis, (b) 60 to 89 days Delinquentpast due on a contractual basis, (c) 90 or more days Delinquentpast due on a contractual basis, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case bankruptcy as of the close of business on the last day of the calendar month preceding such Distribution Date; (ix) separately stated for each Loan Group, with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number of such Mortgage Loan, the unpaid principal balance and the Principal Balance of such Mortgage Loan as of the date it became an REO Property; (xiiix) separately stated for each Loan Group, the book value of any REO Property as of the Close close of Business business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close close of Business business of the last day of the preceding Due Collection Period; (xivxi) separately stated for each Loan Group, the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxii) the aggregate amount of prepayment penalties collected (including amounts deposited in connection with the full or partial waiver of such prepayment penalties pursuant to Section 3.01) during the related Collection Period and the amounts thereof allocable to the Class N Certificates and the Class X Certificates; (xiii) separately stated for each Loan Group, the aggregate amount of Realized Losses incurred during the related Due Collection Period and the cumulative amount of Realized Losses; (xvixiv) the Class Certificate Principal Balance Balance, or Notional Amount, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates each Component, after giving effect to any distributions the distributions, and allocations of Realized Losses or Applied Realized Loss Amounts, as applicable, made thereon, on such Distribution Date, separately identifying any reduction thereof due to allocations of Realized Losses or Applied Realized Loss Amounts; (xviixv) the Accrued Certificate Interest Distributable Amount in respect of each Class of Certificates, Offered Certificates and each Component for such Distribution Date Date, separately identifying the portions thereof attributable to LIBOR Carryover Amounts, and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvi) the aggregate amount of any Net Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.23; (xvii) [Reserved]; (xviii) [Reserved]; (xix) the amount of the Trustee Fee paid; (xx) the Cap Carryover Amounts distributed on such Distribution Date and the Unpaid Interest Shortfall Amount for portion thereof constituting LIBOR Carryover Amounts and the amounts remaining after giving effect to distributions thereof on such Distribution Date; (xixxxi) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date; (xxii) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the original Pool Balance; (xxiii) the Available Funds with respect to each Loan GroupFunds; (xxxxiv) the Pass-Through Rate rate at which interest accrues for each Class of Certificates for such Distribution Date; (xxixxv) the Liquidation Report for such Distribution Date; (xxvi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Servicer or Seller during the related Due Period, Collection Period and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, Agreement requiring or allowing the purchase of each such Mortgage Loan;; and (xxiixxvii) the amount aggregate Principal Balance of any Principal Deficiency Amounts the Mortgage Loans repurchased by the Servicer (or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiiiaffiliate) the amount of any Basis Risk Shortfall, if any, and during the related accrued interest thereon, Collection Period in connection with Section 3.16. The Trustee may fully rely upon and shall have no liability with respect to information with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, Mortgage Loans provided by the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such changeServicer. In the case of information furnished pursuant to subclauses (i) and through (iiiii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, Trustee shall furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through ), (iiiii), (xv) and (xxixx) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape forward to Bloomberg Financial Markets, Inc. the Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in a format acceptable respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. Such obligation of the Trustee shall be deemed to Bloomberg Financial Markets, Inc. on a monthly basis, have been satisfied to the extent that substantially comparable information shall be prepared and shall supply an electronic tape furnished to Loan Performance and Intex Solutions Residual Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in a format acceptable to Loan Performance and Intex Solutions on a monthly basisforce.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Certificate Administrator shall prepare and make available to each Holder of the Regular Certificates, the Servicer (and the “Distribution Date Statement”) Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class P Certificates allocable to principalPrepayment Charges; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viiiiv) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity aggregate principal balance, and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due DateDetermination Date and the number and aggregate principal balance of all Subsequent Mortgage Loans added during the preceding Prepayment Period; (xiiv) the number and aggregate unpaid principal balance of Mortgage Loans, Loans that were (A) Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and (eC) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar monthREO Properties; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivvi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvvii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xviviii) the Class Certificate Principal Balance of each the Class of A-1 Certificates, the Mezzanine Certificates and the Apportioned Principal Balances of the Subordinate Certificates Class O Certificates, after giving effect to any the distributions made thereon, on such Distribution Date; (xviiix) the Unpaid Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereofShortfall Amount, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of A-1 Certificates, the Mezzanine Certificates and the Class AIO Certificates for such Distribution Date; (xxix) the aggregate Principal Balance amount of Mortgage Loans purchased hereunder any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Servicer pursuant to Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan3.25; (xxiixi) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)Credit Enhancement Percentage for such Distribution Date; (xxiiixii) the amount of any Basis Risk Shortfall, if any, Available Funds Cap Carryforward Amount for the Class A-1 Certificates and the related accrued interest thereon, with respect to the LIBOR Mezzanine Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan GroupDistribution Date and the amount remaining unpaid after reimbursements therefor on such Distribution Date; (xxviiixiii) the amount of Net Deferred Interest, if any, added respective REMIC Pass-Through Rates applicable to the Certificate Principal Balance or Component Principal Balance of Class A-1 Certificates, the related Mezzanine Certificates and Principalthe Class AIO Certificates for such Distribution Date and the REMIC Pass-Only ComponentsThrough Rate applicable to the Class A-1 Certificates and the Mezzanine Certificates for the immediately succeeding Distribution Date; (xxixxiv) current Recoveries allocable to the Supplemental Interest Payment for each Loan GroupClass on such Distribution Date; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Closing Date. The Certificate Administrator may, in the absence of manifest error, conclusively rely upon the Determination Date Report of the Servicer in its preparation of the statement to Certificateholders pursuant to this Section 4.03. (b) Within a reasonable period of time after the end of each calendar year, the Securities Certificate Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Certificate Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Certificate Administrator shall supply an electronic tape forward to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Certificate Administrator deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Certificate Administrator shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Certificate Administrator pursuant to any requirements of the Code as from time to time in force. (e) No later than noon on the Business Day prior to each Distribution Date, Inc. on a monthly basisthe Certificate Administrator shall forward, and by facsimile transmission, the statement prepared pursuant to paragraph (a) of this Section 4.03, together with all other information reasonably necessary to make the distributions pursuant to Section 4.01 of this Agreement, to the Trustee. On each Distribution Date, the Trustee shall supply an electronic tape forward by mail to Loan Performance and Intex Solutions in a format acceptable each Certificateholder the statement prepared pursuant to Loan Performance and Intex Solutions on a monthly basisparagraph (a) of this Section 4.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report obtained from information provided to it by the Master Servicer (Servicer, the “Distribution Date Statement”) Trustee shall prepare and make available to each Holder of the Regular Certificates, the Master Servicer, the Certificate Insurer, the Interest Rate Swap Provider and the Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of the Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of the Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Datereserved; (iv) the aggregate amount of servicing compensation received by the Master Servicer during with respect to the related Due PeriodRemittance Period (separately identifying Servicing Fees and other servicing compensation) and such other customary information as the Trustee reasonably deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesRemittance Period; (vi) [Reserved]; (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Remittance Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, aggregate Stated Principal Balance, weighted average remaining term to maturity and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due Determination Date; (xiiviii) the number and aggregate unpaid principal balance Stated Principal Balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) that were (A) Delinquent (exclusive of Mortgage Loans in bankruptcy or foreclosure and REO Properties) (1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and Delinquent (e1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (C) in bankruptcybankruptcy and Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each preceding case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day day of the calendar month preceding the such Distribution Date, and, cumulatively, and (b) the related Mortgaged Properties of which are REO Properties; (ix) the total number and cumulative principal balance Stated Principal Balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Prepayment Period; (xivx) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxi) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xvixii) the Class aggregate amount of Subsequent Recoveries received during the related Prepayment Period and the cumulative amount of Subsequent Recoveries received since the Closing Date (xiii) the aggregate Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Regular Certificates after giving effect to the distributions, and allocations of Realized Losses, made on such Distribution Date separately identifying any distributions made thereonreduction thereof due to allocations of Realized Losses (in the case of the Subordinated Certificates and the Class C Certificates); (xiv) the Certificate Factor for each Class of the Regular Certificates applicable to such Distribution Date; (xv) the Accrued Certificate Interest for the Class A Certificates, on the Subordinated Certificates and the Class C Certificates for such Distribution Date and Unpaid Interest Shortfall Amount, if any, with respect to the Class A Certificates and the Subordinated Certificates for such Distribution Date; (xvi) the aggregate amount of any Net Prepayment Interest Shortfalls for such Distribution Date; (xvii) the aggregate amount of any Relief Act Interest Distributable Amount in respect of each Class of Certificates, Shortfalls for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls Overcollateralized Amount and the Unpaid Interest Shortfall Excess Overcollateralization Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates Credit Enhancement Percentage for such Distribution Date; (xx) the Net WAC Rate Carryover Amount for the Class A Certificates and the Subordinated Certificates, if any, for such Distribution Date and the amount remaining unpaid after payments from the Excess Reserve Fund Account are made pursuant to Section 4.01(e); (xxi) when the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, Stepdown Date has occurred and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loanwhen a Trigger Event is in effect; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid deposits to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)and withdrawals from the Excess Reserve Fund Account on such Distribution Date; (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR CertificatesAvailable Funds for such Distribution Date; (xxiv) [reserved]the respective Pass-Through Rates applicable to the Class A Certificates, the Subordinated Certificates and the Class C Certificates for such Distribution Date and the respective Pass-Through Rates applicable to the Class A Certificates and the Subordinated Certificates for the immediately succeeding Distribution Date; (xxv) [reserved]the aggregate Notional Amount of the Class C Certificates, in each case after giving effect the reductions thereof to occur on such Distribution Date; (xxvi) [reserved]the amount of the Reimbursement Amount for such Distribution Date and the amount received by the Certificate Insurer in respect thereof on such Distribution Date; (xxvii) for each Loan Groupamount of the Fixed Swap Payment, the amount of Net Deferred Interest, if any, for such Loan Group;paid by the Interest Rate Swap Provider under the Interest Rate Swap Agreement and any Interest Rate Swap Reimbursement Amount; and (xxviii) the amount of any Net Deferred Interest, if any, added to the Certificate Principal Balance Swap Payments or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan GroupSwap Termination Payments. The Securities Administrator Trustee will make the Distribution Date Statement such statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders Certificateholders, the Master Servicer, the Trustee, the Certificate Insurer and the other parties to this Agreement Rating Agencies via the Securities AdministratorTrustee’s internet website. The Securities AdministratorTrustee’s internet website shall initially be located at “▇▇▇.h▇▇▇▇://▇▇▇.▇▇▇.” ▇▇.▇▇▇/▇▇▇▇. Assistance in using the website can be obtained by calling the Securities AdministratorTrustee’s customer service desk at (1-▇▇▇) -▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option options are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator Trustee shall have the right to change the way such reports statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all above parties regarding any such changechanges. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as hypothetical Certificate having an initial Certificate Principal Balance or Notional Amount (in the case of the Cut-Off DateClass C Certificates) equal to $1,000. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer and, if applicable, each Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date. The Distribution Date Statement shall include the following information, in each case, with respect to such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior PercentagePercentage for the Senior Certificates and Components, the Senior Prepayment PercentagePercentage for the Senior Certificates and Components, the Subordinate Percentage and the Subordinate Prepayment Percentage with respect to each Mortgage Pool and each Loan Group Subgroup for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer Servicers during the related Due PeriodPeriod and such other customary information as the Securities Administrator deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Asset Balance for such Distribution Date; (vii) the Pool Balances, the Loan Group Subgroup Balances, the Pool 1-2 Aggregate Collateral Balance, the Non-PO Loan Subgroup Balance and related Net WAC for each Mortgage Pool and each Loan Group Subgroup at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period[Reserved]; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period[Reserved]; (xi) for each Mortgage Pool and each Loan GroupSubgroup, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Mortgage Pool and each Loan GroupSubgroup, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month, in each case, using the OTS method; (xiii) the book value (if available) of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Mortgage Pool and each Loan Group Subgroup as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Mortgage Pool and each Loan Group Subgroup made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period for each Mortgage Pool and each Loan Subgroup and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates and Components or after giving effect to any distribution made thereon, on such Distribution Date; (xvi) the Class Certificate Principal Balance or Class Notional Balance, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each Class of CertificatesCertificates and Components, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates and Components on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Mortgage Pool and each Loan GroupSubgroup; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group Pool or an Undercollateralized Subgroup or amounts paid pursuant to Section 5.01(f)(i5.01(e)(i) or 5.01(e)(ii); (xxiii) the amount of any Basis Risk Shortfall, if any, current and the related accrued interest thereon, with respect cumulative Recoveries allocable to the LIBOR Certificateseach Mortgage Pool and each Loan Subgroup; (xxiv) [reserved]current and cumulative PO Recoveries allocable to Pool 1 Subgroup 1; (xxv) [reserved]the amount of any Class P Distributable Amount for such Distribution Date; (xxvi) [reserved];the amount on deposit in the Prefunding Account in the aggregate and for each of Pool 1 and Pool 2 (including a breakdown of amounts released during the prior calendar month in respect of Aggregate Subsequent Transfer Amounts or amounts included in Available Funds on the Distribution Date in the month following the end of the Prefunding Period) and the amount of funds remaining in the Capitalized Interest Account (after giving effect to distributions on such Distribution Date); and (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate aggregate Principal Balance or Component Principal Balance and number of Subsequent Mortgage Loans purchased in the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan GroupPrefunding Period. The Securities Administrator will shall make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇w▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Initial Cut-Off off Date. (b) Within a reasonable period of time after . In addition to the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Personinformation listed above, such information as is reasonably necessary to provide to such Person a statement containing Distribution Date Statement or the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated report on Form 10-D for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation Distribution Date shall also include any other information required by Item 1121 (§ 229.1121) of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to timeRegulation AB. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Trustee shall make available to each Holder of the Regular Certificates, the Servicer and the Rating Agencies, a statement (the “"Distribution Date Statement”") as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following such Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reservedreserved]; (vii) the Loan Group Balance Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and related Net WAC for the Bankruptcy Loss Coverage Amount, each Loan Group at the Close of Business at the end as of the related Due PeriodDetermination Date; (viii) [Reserved]the Net WAC; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due Date; (xiix) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close Close of business Business on the last day of the calendar month preceding calendar monthsuch Distribution Date; (xiiixi) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivxii) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxiii) [reserved]; (xiv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvixv) the Class Certificate Principal Balance of each Class of Certificates (other than the Class X Certificates) and the Apportioned Principal Balances Class X Certificate Notional Balance of the Subordinate Class X Certificates after giving effect to any distributions made thereon, thereon on such Distribution Date; (xviixvi) the Interest Distributable Amount in respect of each Class of the Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvii) the aggregate amount of any Net Prepayment Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.24 hereof; (xviii) the Available Funds; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date;; and (xxixx) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Servicer or the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, Agreement requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator Trustee will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s Trustee's internet websitewebsite and will forward the Distribution Date Statement to each Rating Agency. The Securities Administrator’s Trustee's internet website shall initially be located at “"www.ctslink.com". Assistance in using the website or the fax-on-d▇▇▇.▇▇ ▇▇▇▇▇▇▇ ▇.▇▇▇.” Assistance in using the website can an be obtained by calling the Securities Administrator’s Trustee's customer service desk at (▇▇▇301) ▇▇▇815-▇▇▇▇6600. Parties that are unable to use the above distribution option are distribu▇▇▇▇ ▇▇▇▇▇▇ ▇▇e entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating suchrequesting same. The Securities Administrator Trustee shall have the right to change the way such reports Distribution Date Statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all the above parties regarding any such changechanges. The Trustee's obligations pursuant to this Section 4.04 are limited to the extent of its receipt of all necessary information from the Servicer. The Trustee may fully rely upon and shall have no liability with respect to information provided by the Servicer. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the SellerSponsor, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicers and the Master Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Pool Balance for such Distribution Date; (vii) the Loan Group Balance and related Net Maximum Rate Cap, the Net WAC for each Loan Group and the applicable Net WAC Cap at the Close of Business at the end of the related Due Period; (viii) [Reserved]the aggregate Principal Balance of the One-Month MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period[Reserved]; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Groupaggregate, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month, in each case, using the MBA method; (xiii) the book value (if available) of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates; (xvi) the Class Certificate Principal Balance or Class Notional Balance, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan GroupFunds; (xx) the Pass-Through Rate and Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller Sponsor or an Originator, as applicable, during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) current Recoveries allocable to the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)Mortgage Loans; (xxiii) cumulative Recoveries allocable to the Mortgage Loans; (xxiv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Groupthe Mortgage Loans; (xxviiixxvi) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Class Principal Balance of the related Certificates Certificates; (xxvii) the amount of any Class X Distributable Amount and Principal-Only Componentsthe Class ES Distributable Amount; (xxviii) the amount of any Final Maturity Reserve Amount deposited in the Final Maturity Reserve Account, the total amount on deposit therein after such deposit, and, on the earlier of the Distribution Date in July 2036 and the termination of the Trust Fund, the amount distributed from the Final Maturity Reserve Account to each Class of Certificates; and (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Groupthe Lender-Paid Insurance Fee Rate. The Securities Administrator will shall make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through ), (iiiii) and (xxiiv) above, aggregated for such calendar year or applicable portion thereof during which such Person was a CertificateholderCertificateholder and such other customary information which a Certificateholder reasonably requests to prepare its tax returns. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the each Seller, the Master Servicer and the Rating AgencyAgencies, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer pursuant to the provision by the Servicer of its Remittance Report (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due PeriodPeriod (without taking into account any reduction thereof in respect of Compensating Interest) and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, each as of the related Determination Date; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]for each Loan Group, the aggregate Principal Balance of the One-Year CMT Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month Year LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Six-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, Group the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, Loans in the aggregate and for each Loan Group, Group (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments and the Net Realized Losses for each Class of Certificates on such Distribution Date, with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and Shortfalls, the Unpaid Interest Shortfall Amount Amount, and the Interest Shortfall for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the each Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxxxxiv) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. The Securities Administrator’s obligations pursuant to this Section 5.04 are limited to the extent of its receipt of all necessary information from the Servicer. The Trustee and the Securities Administrator may fully rely upon and shall have no liability with respect to information provided by the Servicer. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis. (d) On or before January 31st of each year, the Servicer, on behalf of the Trust, shall provide the Securities Administrator with written notice listing all Distribution Date statements with respect to Distribution Dates occurring in the prior calendar year that were included in a Form 8-K filing pursuant to Section 3.28, provided however, that if no Form 10-K is required to be filed for such prior calendar year, no written notice shall be required. No later than March 15th of each year in which such written notice is provided by the Servicer to the Securities Administrator, the Securities Administrator shall sign a certification (in the form attached hereto as Exhibit P), for the benefit of the Person(s) signing the Form 10-K Certification, regarding certain aspects of the Form 10-K Certification.

Statements. (a) On each Distribution Date, based, as applicable, on information provided to it by the Securities Administrator Master Servicer, the Trustee shall prepare and make available to each Holder of the Trustee, each Certificateholder, the SellerRegular Certificates, the Master Servicer Servicer, the Certificate Insurer and the Rating Agency, a statement based, as applicable, on the Remittance Report obtained from the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of the Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of the Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Datereserved; (iv) the aggregate amount of servicing compensation received by the Master Servicer during with respect to the related Due PeriodRemittance Period (separately identifying Servicing Fees and other servicing compensation) and such other customary information as the Trustee reasonably deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesRemittance Period; (vi) [Reserved]; (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Remittance Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, aggregate Stated Principal Balance, weighted average remaining term to maturity and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due Determination Date; (xiiviii) the number and aggregate unpaid principal balance Stated Principal Balance of Mortgage Loans, Loans that were (A) Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and Delinquent (e1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (C) in bankruptcybankruptcy and Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day day of the calendar month preceding such Distribution Date and (D) REO Properties; (ix) the Distribution Date, and, cumulatively, amount on deposit in the Pre-Funding Account; (x) the total number and cumulative principal balance Stated Principal Balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Prepayment Period; (xivxi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xvixiii) the Class aggregate amount of Subsequent Recoveries received during the related Prepayment Period and the cumulative amount of Subsequent Recoveries received since the Closing Date (xiv) the aggregate Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Regular Certificates after giving effect to the distributions, and allocations of Realized Losses, made on such Distribution Date separately identifying any distributions made thereonreduction thereof due to allocations of Realized Losses (in the case of the Subordinated Certificates and the Class C Certificates); (xv) the Certificate Factor for each Class of the Regular Certificates applicable to such Distribution Date; (xvi) the Accrued Certificate Interest for the Class A Certificates, on the Subordinated Certificates and the Class C Certificates for such Distribution Date and Unpaid Interest Shortfall Amount, if any, with respect to the Class A Certificates and the Subordinated Certificates for such Distribution Date; (xvii) the aggregate amount of any Net Prepayment Interest Distributable Amount in respect of each Class of Certificates, Shortfalls for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Relief Act Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan GroupOvercollateralized Amount and the Excess Overcollateralization Amount for such Distribution Date; (xx) the Pass-Through Rate for each Class of Certificates Credit Enhancement Percentage for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by Net WAC Rate Carryover Amount for the Seller during Class A Certificates and the related Due PeriodMezzanine Certificates, if any, for such Distribution Date and indicating the relevant section of amount remaining unpaid after payments from the Servicing Agreement, or the Excess Reserve Fund Account are made pursuant to Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan4.01(e); (xxii) when the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)Stepdown Date has occurred and when a Trigger Event is in effect; (xxiii) the amount of any Basis Risk Shortfall, if any, deposits to and withdrawals from the related accrued interest thereon, with respect to the LIBOR CertificatesExcess Reserve Fund Account on such Distribution Date; (xxiv) [reserved]the Available Funds for such Distribution Date; (xxv) [reserved]the respective Pass-Through Rates applicable to the Class A Certificates, the Subordinated Certificates and the Class C Certificates for such Distribution Date and the respective Pass-Through Rates applicable to the Class A Certificates and the Subordinated Certificates for the immediately succeeding Distribution Date; (xxvi) [reserved]the aggregate Notional Amount of the Class C Certificates, in each case after giving effect the reductions thereof to occur on such Distribution Date; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, the Reimbursement Amount for such Loan Group;Distribution Date and the amount received by the Certificate Insurer in respect thereof on such Distribution Date; and (xxviii) for the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make distribution occurring on the Distribution Date Statement immediately following the end of the Funding Period, the balance on deposit in the Pre-Funding Account that has not been used to purchase Subsequent Mortgage Loans and that is being distributed to the Certificateholders on such Distribution Date. The Trustee will make such statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders Certificateholders, the Master Servicer, the Trustee, the Certificate Insurer and the other parties to this Agreement Rating Agency via the Securities AdministratorTrustee’s internet website. The Securities AdministratorTrustee’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance https://www.tss.db.com/invr and assistance in using the website can be obtained by calling the Securities AdministratorTrustee’s customer service desk at (▇▇▇) ▇▇▇1-▇▇▇▇800-735-7777. Parties that are unable to use the above distribution option are entitled to have a options ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇ paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall T▇▇ ▇▇▇▇▇▇▇ ▇▇▇ll have the right to change the way such reports statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all above parties regarding any such changechanges. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as hypothetical Certificate having an initial Certificate Principal Balance or Notional Amount (in the case of the Cut-Off DateClass C Certificates) equal to $1,000. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) . On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape make available to Bloomberg Financial Marketsthe Class R Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. Within a reasonable period of time after the end of each calendar year, Inc. the Trustee shall deliver to each Person who at any time during the calendar year was a Class R Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Class R Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in force. The Trustee shall maintain at its Corporate Trust Office and shall make available free of charge during normal business hours for review by any Certificateholder, Inc. on Certificate Owner or any Person identified to the Trustee as a prospective transferee of a Certificate, originals or copies of the following items: (i) the private placement memorandum or other disclosure document relating to such Certificates, if any, in the form most recently provided to the Trustee; and (ii) in all cases, (A) this Agreement and any amendments hereof entered into pursuant to Section 11.01, (B) all monthly basisstatements required to be delivered to Certificateholders of the relevant Class pursuant to this Section 4.02 since the Closing Date, and shall supply an electronic tape all other notices, reports, statements and written communications delivered to Loan Performance the Certificateholders of the relevant Class pursuant to this Agreement since the Closing Date, (C) all certifications delivered by a Responsible Officer of the Trustee since the Closing Date pursuant to Section 9.01(h) and Intex Solutions in (D) any and all Officers’ Certificates delivered to the Trustee by the Master Servicer since the Closing Date to evidence the Master Servicer’s determination that any Advance or Servicing Advance was, or if made, would be a format acceptable to Loan Performance Nonrecoverable Advance or Nonrecoverable Servicing Advance, respectively. Copies and Intex Solutions on a monthly basismailing of any and all of the foregoing items will be available from the Trustee upon request at the expense of the person requesting the same.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer and the Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the each Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, each as of the related Determination Date; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]for each Loan Group, the aggregate Principal Balance of the One-Year CMT Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed, Six-Month LIBOR Indexed and One-Year LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period;[reserved] (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments and Prepayment Penalty Amounts with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the related Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any unpaid Basis Risk Shortfall, Shortfall or Unpaid Basis Risk Shortfall (if any, applicable) and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxxxxv) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Certificate Insurer, the Yield Maintenance provider, the Seller, any NIMS Insurer, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer, the Servicer and the Basis Risk Cap Provider (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date. Information in the Distribution Date Statement relating to or based on amounts available in the Yield Maintenance Account shall be based on information provided by the Yield Maintenance Provider regarding any Yield Maintenance Distributable Amounts required to be paid by the Yield Maintenance Provider for the related Distribution Date pursuant to the Yield Maintenance Agreement. The Distribution Date Statement shall include the following information, in each case, with respect to such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date[Reserved]; (iv) the aggregate amount of servicing compensation received by the Servicer during Servicing Fees, Master Servicing Fees and Credit Risk Manager Fees for the related Due Period; (v) the amount of Advances for each Loan Group and the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance for each Loan Group and related the Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viiivii) [Reserved]the Pool Balance, the Pool Collateral Balance and the Loan Group Balance for such Distribution Date; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xviii) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xiix) for each Loan Group, the amount of fees, expenses or indemnification amounts paid by the Trust Fund with an identification of the general purpose of such amounts and the party receiving such amounts; (x) for each Loan Group, the number, weighted average remaining term to maturity maturity, weighted average life and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xiixi) for each Loan Group, the number and aggregate unpaid principal balance of the related Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month, using the OTS method; (xiiixii) for each Loan Group, the book value (if available) of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivxiii) for each Loan Group, the aggregate amount of any Principal Prepayments, net Principal Prepayments or other unscheduled recoveries of principal with respect to each Loan Group made during the related Prepayment Period; (xvxiv) for each Loan Group, the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvixv) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xviixvi) for each Loan Group, the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each related Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvii) for each Loan Group, the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date after giving effect to any distributions made thereon, on such Distribution Date; (xviii) for each Loan Group, the related Available Funds; (xix) the Available Funds with respect to for each Loan Group; (xx) , the Pass-Through Rate and related Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxixx) for each Loan Group, the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Mortgage Loan Purchase Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxiixxi) for each Loan Group, the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxii) current Recoveries allocable to each Loan Group; (xxiii) cumulative Recoveries allocable to each Loan Group; (xxiv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest for each Class after giving effect to any distributions made thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]on such Distribution Date; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxvi) the amount of the Certificate Insurer Reimbursement Amount, if any; (xxvii) the Deficiency Amount, if any, to be paid by the Certificate Insurer; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Class Principal Balance of the related Certificates and Principal-Only Components;Certificates (xxix) current Recoveries allocable the amount of any Unpaid Interest Shortfall Amount; (xxx) the amount of the Group 1 Final Maturity Reserve Amount, the Group 2 Final Maturity Reserve Amount and the Aggregate Final Maturity Reserve Amount deposited in the Final Maturity Reserve Account, and, on the Final Maturity Reserve Termination Date, the amount distributed from the Final Maturity Reserve Account to each Class of Certificates; (xxxi) the Overcollateralized Amount for that Distribution Date; (xxxii) the Overcollateralization Target Amount for that Distribution Date; (xxxiii) the amount remitted by the Administrator to the Securities Administrator pursuant to the Yield Maintenance Allocation Agreement; (xxxiv) the payments, if any, made from the Yield Maintenance Account and the amount distributed to the LIBOR Certificates from such payments; (xxxv) the amount of any Class P Distributable Amount; (xxxvi) the amount on deposit in the Prefunding Account in the aggregate and for each Loan GroupGroup (including a breakdown of amounts released during the prior calendar month in respect of Aggregate Subsequent Transfer Amounts or amounts included in Available Funds on the Distribution Date in the month following the end of the Prefunding Period) and the amount of funds remaining in the Capitalized Interest Account (after giving effect to distributions on such Distribution Date); (xxxvii) the amount of any payments made by the Basis Risk Cap Provider to the Basis Risk Cap Account pursuant to Section 5.12; and (xxxxxxviii) cumulative Recoveries allocable to each Loan Groupthe aggregate Principal Balance and number of Subsequent Mortgage Loans purchased in the Prefunding Period. The Securities Administrator will shall make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders Certificateholders, the Certificate Insurer and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Initial Cut-Off off Date. In addition to the information listed above, such Distribution Date Statement or the report on Form 10-D for such Distribution Date shall also include any other information required by Item 1121 (§ 229.1121) of Regulation AB. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to any NIMS Insurer and each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such PersonPerson or any NIMS Insurer, such information as is reasonably necessary to provide to such Person or any NIMS Insurer a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person or any NIMS Insurer was a CertificateholderCertificateholder and such other customary information which a Certificateholder reasonably requests to prepare its tax returns. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator Trustee shall make available to the Trustee, each Certificateholder, the Certificate Insurer, the Seller, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from and the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due Period, the Custodial Fee paid to the Custodian during the related Due Period and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Pool Collateral Balance and the Loan Group Collateral Balance for such Distribution Date; (vii) the Loan Group Balance and related Net WAC and applicable Net WAC Cap for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) [Reserved]; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period[Reserved]; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates or Principal-Only Components; (xvi) the Class Certificate Principal Balance or Class Notional Balance, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate and Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i5.01(e)(i); (xxiii) current Recoveries allocable to each Loan Group; (xxiv) cumulative Recoveries allocable to each Loan Group; (xxv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxviiixxvii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Class Principal Balance of the related Certificates and Principal-Only ComponentsCertificates; (xxviii) the amount of the Certificate Insurer Reimbursement Amount, if any; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular CertificateDeficiency Amount, if requested in writing by such Personany, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished paid by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.Certificate Insurer;

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Certificate Administrator shall prepare and make available to each Holder of the Regular Certificates, the Swap Counterparties, the Servicer (and the “Distribution Date Statement”) Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class P Certificates allocable to principalPrepayment Charges; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Pool Balance of the One-Month LIBOR Indexed Group I Mortgage Loans and the Group II Mortgage Loans at the Close of Business at the end of the related Due Period; (xiv) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity aggregate principal balance, and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due Determination Date; (xiiv) the number and aggregate unpaid principal balance of Mortgage Loans, Loans that were (A) Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and (eC) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar monthREO Properties; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivvi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvvii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xviviii) the Class Certificate Principal Balance of each class of the Class A Certificates, each class of the Mezzanine Certificates, the Class B Certificates and the Apportioned Principal Balances of the Subordinate Certificates Class O Certificates, after giving effect to any the distributions made thereon, on such Distribution Date; (xviiix) the Unpaid Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereofShortfall Amount, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) class of the Pass-Through Rate for Class A Certificates, each class of the Mezzanine Certificates, the Class of B Certificates and the Class AIO Certificates for such Distribution Date; (xxix) the aggregate Principal Balance amount of Mortgage Loans purchased hereunder any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Servicer pursuant to Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan3.25; (xxiixi) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)Credit Enhancement Percentage for such Distribution Date; (xxiiixii) the amount Available Funds Cap Carryforward Amount for each class of any Basis Risk Shortfallthe Class A Certificates, if any, each class of the Mezzanine Certificates and the related accrued interest thereon, with respect to the LIBOR Class B Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan GroupDistribution Date and the amount remaining unpaid after reimbursements therefor on such Distribution Date; (xxviiixiii) the amount of Net Deferred Interest, if any, added respective REMIC Pass-Through Rates applicable to the Certificate Principal Balance or Component Principal Balance each class of the related Class A Certificates, each class of the Mezzanine Certificates, the Class B Certificates, and the Class AIO Certificates for such Distribution Date and the REMIC Pass-Through Rate applicable to each class of the Class A Certificates, each class of the Mezzanine Certificates and Principal-Only Componentsthe Class B Certificates for the immediately succeeding Distribution Date; (xxixxiv) current Recoveries allocable to the Supplemental Interest Payment for each Loan Group; andClass on such Distribution Date; (xxxxv) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing difference between the same information in an alternative format) available each month to Certificateholders Swap Notional Amount and the other parties to this Agreement via Underwritten Certificates (and the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained Class B Certificate if held by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible an entity unrelated to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any Seller) Principal Balance on such change. Distribution Date; In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Closing Date. The Certificate Administrator may, in the absence of manifest error, conclusively rely upon the Determination Date Report of the Servicer in its preparation of the statement to Certificateholders pursuant to this Section 4.03. (b) Within a reasonable period of time after the end of each calendar year, the Securities Certificate Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Certificate Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Certificate Administrator shall supply an electronic tape forward to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Certificate Administrator deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Certificate Administrator shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Certificate Administrator pursuant to any requirements of the Code as from time to time in force. (e) No later than noon on the Business Day prior to each Distribution Date, Inc. the Certificate Administrator shall forward, by facsimile transmission, the statement prepared pursuant to paragraph (a) of this Section 4.03, together with all other information reasonably necessary to make the distributions pursuant to Section 4.01 of this Agreement, to the Trustee. On each Distribution Date, the Certificate Administrator, on a monthly basisbehalf of the Trustee, and shall supply an electronic tape forward by mail to Loan Performance and Intex Solutions in a format acceptable each Certificateholder the statement prepared pursuant to Loan Performance and Intex Solutions on a monthly basisparagraph (a) of this Section 4.

Statements. (a) On each Distribution Each month, not later than 12:00 noon New York time on the Determination Date, the Securities Administrator Servicer shall make available deliver to the Certificate Insurer and to the Trustee, each Certificateholderby telecopy, for distribution to the Certificateholders, the Sellerreceipt and legibility of which shall be confirmed telephonically, with hard copy thereof and the Servicer's Monthly Computer Tape in the form attached hereto as Exhibit R (both in hard copy and in computer tape form) to be delivered on the Business Day following the Determination Date, a certificate signed by a Servicing Officer (a "Servicer's Certificate") stating the date (day, month and year), the Master Servicer Series number of the Certificates, the date of this Agreement, and the Rating Agency, a statement based, as applicable, on the Remittance Report obtained from the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Datefollowing: (i) the amount of Pool Available Remittance Amounts for each Pool for the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principalrelated Remittance Date; (ii) the amount of the distribution made on such Distribution Date to the Holders of Class Principal Balances for each Class of Pool I, Pool II and Pool III Certificates allocable as reported in the prior Servicer's Certificate pursuant to interestsubclause (xv) below, or, in the case of the first Determination Date, the Original Principal Balance for each Class of Pool I, Pool II and Pool III Certificates; (iii) the Senior PercentagePool Principal Distribution Amounts for each Pool for the related Remittance Date, Senior Prepayment Percentage, Subordinate Percentage in the aggregate and Subordinate Prepayment Percentage with respect listed separately for the portions relating to each Loan Group for the following Distribution DateClass of Pool I, Pool II and Pool III Certificates; (iv) the total amount of servicing compensation received by any Insured Payments included in the Servicer during Pool Available Remittance Amount for Pool I or Pool II for the related Due PeriodRemittance Date; (v) the aggregate amount of Advances Subordinated Amount and Specified Subordinated Amount for the related Due Period Remittance Date, listed separately for each Pool and the amount of unreimbursed AdvancesPool Available Maximum Subordinated Amount for Pool III; (vi) [Reserved]the number and Principal Balances of all Mortgage Loans in each Pool which were the subject of Principal Prepayments during the Due Period; (vii) the Loan Group Balance and related Net WAC amount of all Curtailments which were received during the Due Period, stated separately for each Loan Group at the Close of Business at the end of the related Due PeriodPool; (viii) [Reserved]the aggregate amount of all Excess Payments and the amounts of Monthly Payments in respect of principal received during the Due Period, stated separately for each Pool; (ix) the amount of interest received on the Mortgage Loans, stated separately for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due PeriodPool; (x) the amount of the Monthly Advances to be made on the Determination Date, the portion of the Monthly Advances to be deposited in the Certificate Accounts pursuant to Section 6.01(a)(ii), and the Compensating Interest payment to be made on the Determination Date, in each case stated separately for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due PeriodPool; (xi) the delinquency and foreclosure information set forth in the form attached hereto as Exhibit O, stated separately for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due DatePool; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value amount of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period Period, stated separately for each Pool; (xiii) the Pool Remittance Amounts for Pool I and Pool II and the cumulative amount Class Current Interest Requirement and the Pool Principal Distribution Amount for Pool III for the Remittance Date, in the aggregate and by component and listed separately for the portions relating to each Class of Certificates in the related Pool, and any Interest Shortfall Carryforward Amount or Pool Carry-Forward Amount, as the case may be, relating to each Class of Certificates; (xiv) the Reimbursable Amounts, the Pool I and Pool II Strip Amounts and the Class X Remittance Amount payable pursuant to Section 6.08(d)(X)(v) and Section 6.08(d)(Z)(xviii) with respect to the Remittance Date; (xv) the Class Principal Balance for each Class of Certificates and the Pool Principal Balance for each Pool after giving effect to the distribution to be made on the Remittance Date and after allocation of Realized LossesLosses made on such Remittance Date; (xvi) the Class Certificate Principal Balance of each Class of Certificates Monthly Excess Spread Percentage, the Excess Spread, and the Apportioned Principal Balances of Remainder Excess Spread Amount (in each case, in the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Dateaggregate and stated separately for each Pool); (xvii) the Interest Distributable Amount in Cumulative Realized Losses, stated separately for each Pool, with respect of each Class of Certificates, for such Distribution Date and to the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Remittance Date; (xviii) the aggregate amount of any Net weighted average maturity and weighted average Interest Shortfalls and the Unpaid Interest Shortfall Amount Rate, stated separately for such Distribution Dateeach Pool; (xix) the Available Funds with respect Servicing Fees, the Contingency Fees, and amounts to be deposited to the Expense Accounts, the Insurance Accounts and the FHA Premium Account, in each Loan Groupcase, as applicable, stated separately for each Pool; (xx) the Pass-Through Rate for amount of all payments and reimbursements to the Servicer pursuant to Section 5.04(b), (c), (d)(ii), (e) and (f)(i), stated separately with respect to each Class of Certificates for such Distribution DatePool; (xxi) the aggregate Principal Balance Class Pool Factor for each Class determined using the balances in subclause (xv) above; (xxii) the weighted average Mortgage Interest Rate and Adjusted Mortgage Interest Rate of the Mortgage Loans purchased hereunder for each Pool and the weighted average Class Adjusted Loan Remittance Rates for each Pool, in each case for the related Remittance Date, and the weighted average Mortgage Interest Rate for the prior three month period; (xxiii) the Class AV Remittance Rate with respect to the Remittance Date and if the Class AV Remittance Rate was based on the applicable Net Funds Cap, what it would have been if based on LIBOR plus the applicable Margin; (xxiv) the rate of LIBOR with respect to the Remittance Date; (xxv) the Net Funds Cap for the Class AV Certificates with respect to the Remittance Date; (xxvi) if the Remittance Rate for the Class AV Certificates for such Remittance Date is based on the Net Funds Cap, the amount of any Certificateholders' Interest Carryover for such Class for such Remittance Date; (xxvii) the amount of the distribution, if any, allocable to Certificateholders' Interest Carryover and the amount of any Certificateholders' Interest Carryover for all prior Remittance Dates after giving effect to such distribution (in each case, stated separately by Class and in the Seller aggregate); (xxviii) whether the Trigger Event for Pool III is in effect; (xxix) the Senior Percentage and the Class B Pool Percentage for the current Remittance Date; (xxx) the amount of any Pool Applied Realized Loss Amount, Realized Loss Amount and Unpaid Realized Loss Amount for each Class of Pool III Certificates as of the close of such Remittance Date; (xxxi) the Accelerated Principal Distribution Amount for Pool III for such Remittance Date; (xxxii) the amount to be deposited into the FHA Premium Account on the related Remittance Date and the amount reimbursable to the Servicer and/or the Certificate Insurer from the FHA Premium Account pursuant to Section 6.06(b)(i); (xxxiii) The amount of FHA Payments and Related Payments received during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of stated separately for each such Mortgage LoanPool; (xxiixxxiv) The Reserve Amount for the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)related Remittance Date; (xxiiixxxv) Claims filed during the amount Due Period; (xxxvi) Claims paid during the Due Period; (xxxvii) Claims denied by the FHA during the Due Period; (xxxviii) Claims pending payment by the FHA during the Due Period; and (xxxix) The number and Principal Balance of any Basis Risk Shortfallall Defaulted Mortgage Loans purchased during the Due Period, if any, stated separately for each Pool; (xl) Such other information as the Certificate Insurer and the related accrued interest thereonCertificateholders may reasonably require. The Trustee shall forward such report to the Certificateholders and, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Groupreport on the Pool I and Pool II Mortgage Loans, to the Certificate Insurer on the Remittance Date, together with a separate report indicating the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) funds deposited in each Certificate Account pursuant to Section 6.01(a)(iv); and the amount of Net Deferred Interest, if any, added amounts which are reimbursable to the Certificate Principal Balance Servicer or Component Principal Balance the Representative, as appropriate, pursuant to Sections 6.03(c)(i), 6.03(c)(ii), 6.04(b)(iv), 6.08(d)(X)(iii), and 6.08(d)(Z) (all reports prepared by the Trustee of such withdrawals and deposits will be based in whole or in part upon the information provided to the Trustee by the Servicer or the Claims Administrator). To the extent that there are inconsistencies between the telecopy of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders Servicer's Certificate and the other parties to this Agreement via hard copy thereof, the Securities Administrator’s internet website. The Securities Administrator’s internet website Trustee shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling rely upon the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such changetelecopy. In the discretion of the Servicer, in the case of certain information furnished pursuant to subclauses (i) and (ii) abovethe above provisions, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each per $1,000 original dollar amount as of the Cut-Off Date. Additionally, on the Special Remittance Date the Trustee shall, based upon information received from the Servicer, forward to the Certificateholders and the Rating Agencies, a report setting forth the amount of principal and interest, if any, being paid to each Class of Certificates on the Special Remittance Date, and to the Certificate Insurer, a report setting forth such information only with respect to the Pool I and Pool II Certificates. (ba) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, Servicer shall furnish to the Trustee for distribution to each Person who at any time during the calendar year was a Certificateholder the amount of interest and principal distributed with respect to each Class of Certificates plus such other customary information as the Servicer determines to be necessary and/or required by the Internal Revenue Service to enable the Certificateholders to prepare their tax returns for such calendar year. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Servicer pursuant to any requirements of the Code as from time to time are in force. (b) On each Remittance Date and the Special Remittance Date, the Trustee shall forward to the Class X and Class R Certificateholders a Regular Certificatecopy of the report forwarded to the Certificateholders of each Pool in respect of such Remittance Date or the Special Remittance Date, if requested in writing by as the case may be, and a statement setting forth the amounts actually distributed to the Class X and Class R Certificateholders, on such PersonRemittance Date together with such other information as the Servicer provides and deems necessary or appropriate. (c) Within a reasonable period of time after the end of each calendar year, the Servicer shall furnish to the Trustee for distribution to each Person who at any time during the calendar year was a Class X or Class R Certificateholder such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, provided pursuant to the previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Class X or R Certificateholder, as applicable. Such obligation of the Securities Administrator Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished provided by the Securities Administrator to Certificateholders Servicer pursuant to any requirements of the Code as are in force from time to timetime in force. (cd) On each Distribution DateUpon reasonable advance notice in writing, the Securities Administrator Servicer will provide to each Certificateholder which is a savings and loan association, bank or insurance company certain reports and access to information and documentation regarding the Mortgage Loans sufficient to permit such Certificateholder to comply with applicable regulations of the Office of Thrift Supervision or other regulatory authorities with respect to investment in the Certificates. (e) The Servicer shall supply an electronic tape furnish to Bloomberg Financial Marketseach Certificateholder and the Certificate Insurer, Inc. during the term of this Agreement, such periodic, special, or other reports or information, whether or not provided for herein, as shall be necessary, reasonable, or appropriate with respect to the Certificateholder or the Certificate Insurer, or otherwise with respect to the purposes of this Agreement, all such reports or information to be provided by and in a format acceptable accordance with such applicable instructions and directions as the Certificateholder or the Certificate Insurer may reasonably require; provided, that the Servicer shall be entitled to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions be reimbursed by such Certificateholder or the Certificate Insurer for the Servicer's actual expenses incurred in a format acceptable to Loan Performance and Intex Solutions on a monthly basisproviding such reports if such reports are not producible in the ordinary course of the Servicer's business.

Statements. (a) On each Distribution Date, based, as applicable, on loan-level information provided to it by the Securities Administrator Master Servicer, the Trustee shall make available to each Holder of the Trustee, each CertificateholderRegular Certificates, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report obtained from the Master Servicer (the “Distribution Date Statement”"DISTRIBUTION DATE STATEMENT") as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Pro Rata Senior Percentage, Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the each Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, each as of the related Determination Date; (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group all Mortgage Loans at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the Six-Month CMT Indexed, One-Year CMT Indexed and Five-Year CMT Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) the aggregate Principal Balance of the Six-Month LIBOR Indexed, One-Month LIBOR Indexed and One-Year LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance amount of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due PeriodMaster Servicing Fees and Servicing Fees, if any; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and (other than the Apportioned Principal Balances of the Subordinate Certificates Class LTA-R Certificate) after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Prepayment Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date, to the extent not covered by payments by the Servicers pursuant to the applicable terms of their respective Servicing Agreements or the Master Servicer; (xix) the Available Funds with respect to each Loan GroupFunds; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) any amounts distributed to the Class LTA-R Certificates; and (xxii) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the related Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator Trustee will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s Trustee's internet websitewebsite and its fax-on-demand service and will forward the Distribution Date Statement to the Rating Agency. The Securities Administrator’s Trustee's internet website shall initially be located at “"▇▇▇▇://▇▇▇-▇▇▇▇.▇▇▇.▇▇▇▇▇▇▇▇- ▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-/▇▇▇▇". Parties that are unable to use the above distribution option options are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating suchrequesting same. The Securities Administrator Trustee shall have the right to change the way such reports Distribution Date Statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all the above parties regarding any such changechanges. The Trustee's obligations pursuant to this Section 4.04 are limited to the extent of its receipt of all necessary information from the Master Servicer. The Trustee may fully rely upon and shall have no liability with respect to information provided by the Master Servicer. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions Mortgage Information Corporation in a format acceptable to Loan Performance and Intex Solutions Mortgage Information Corporation on a monthly basis.. On each Distribution Date, the Master Servicer shall provide the Trustee the following information with respect to each Mortgage Loan (the "REMITTANCE REPORT"): (i) the Mortgage Loan identifying number; (ii) [reserved]; (iii) the current Loan Rate as of the end of the related Due Period; (iv) the related Servicing Fee Rate; (v) the current Monthly Payment due as of the end of the related Due Period; (vi) the next scheduled Due Date as of the end of the related Due Period; (vii) the next Adjustment Date of the Mortgage Loan as of the end of the related Due Period, if applicable; (viii) the Stated Principal Balance of the Mortgage Loan immediately prior to the related Due Period; (ix) the Stated Principal Balance of the Mortgage Loan as of the end of the related Due Period; (x) [reserved]; (xi) the aggregate of all interest received on the Mortgage Loan, including Advances; (xii) [reserved]; (xiii) the aggregate of all scheduled principal payments received on the Mortgage Loans, including Advances; (xiv) Principal Prepayments in part; (xv) Principal Prepayments in full; (xvi) the delinquency status of the Mortgage Loan (i.e., 0, 30, 60, 90+ days Delinquent); (xvii) [reserved]; (xviii) an indication as to whether the Mortgage Loan is in foreclosure; (xix) an indication as to whether the related Mortgaged Property has become an REO Property; (xx) the date of bankruptcy of the Mortgagor, if any; (xxi) the date of foreclosure, if any; (xxii) the date on which the related Mortgaged Property became an REO Property; (xxiii) for each Mortgage Loan for which a Liquidation Event has occurred, whether such Mortgage Loan (i) has been paid in full, (ii) is a Liquidated Mortgage Loan or (iii) has been repurchased or replaced; (xxiv) [reserved]; (xxv) the Stated Principal Balance of the Mortgage Loan on the date on which a Liquidation Event occurs; (xxvi) Liquidation Proceeds; (xxvii) Net Liquidation Proceeds; (xxviii) Realized Losses; (xxix) Net Prepayment Interest Shortfalls; (xxx) Relief Act Reductions; (xxxi) the aggregate of all scheduled interest received on the Mortgage Loans, excluding Advances; (xxxii) the aggregate of all scheduled principal received on the Mortgage Loans, excluding Advances; (xxxiii) the current amount of Advances outstanding; (xxxiv) the amount advanced by the related Servicer; (xxxv) the amount of principal advanced by the related Servicer; and (xxxvi) the amount of interest advanced by the related Servicer

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Certificate Administrator shall prepare and make available to each Holder of the Regular Certificates, the Swap Counterparties, the Servicer (and the “Distribution Date Statement”) Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class P Certificates allocable to principalPrepayment Charges; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Pool Balance of the One-Month LIBOR Indexed Group I Mortgage Loans and the Group II Mortgage Loans at the Close of Business at the end of the related Due Period; (xiv) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity aggregate principal balance, and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due DateDetermination Date and the number and aggregate principal balance of all Subsequent Mortgage Loans added during the preceding Prepayment Period; (xiiv) the number and aggregate unpaid principal balance of Mortgage Loans, Loans that were (A) Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and (eC) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar monthREO Properties; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivvi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvvii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xviviii) the Class Certificate Principal Balance of each class of the Class A Certificates, each class of the Mezzanine Certificates, the Class B Certificates and the Apportioned Principal Balances of the Subordinate Certificates Class O Certificates, after giving effect to any the distributions made thereon, on such Distribution Date; (xviiix) the Unpaid Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereofShortfall Amount, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) class of the Pass-Through Rate for Class A Certificates, each class of the Mezzanine Certificates, the Class of B Certificates and the Class AIO Certificates for such Distribution Date; (xxix) the aggregate Principal Balance amount of Mortgage Loans purchased hereunder any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Servicer pursuant to Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan3.25; (xxiixi) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)Credit Enhancement Percentage for such Distribution Date; (xxiiixii) the amount Available Funds Cap Carryforward Amount for each class of any Basis Risk Shortfallthe Class A Certificates, if any, each class of the Mezzanine Certificates and the related accrued interest thereon, with respect to the LIBOR Class B Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan GroupDistribution Date and the amount remaining unpaid after reimbursements therefor on such Distribution Date; (xxviiixiii) the amount of Net Deferred Interest, if any, added respective REMIC Pass-Through Rates applicable to the Certificate Principal Balance or Component Principal Balance each class of the related Class A Certificates, each class of the Mezzanine Certificates, the Class B Certificates, and the Class AIO Certificates for such Distribution Date and the REMIC Pass-Through Rate applicable to each class of the Class A Certificates, each class of the Mezzanine Certificates and Principal-Only Componentsthe Class B Certificates for the immediately succeeding Distribution Date; (xxixxiv) current Recoveries allocable to the Supplemental Interest Payment for each Loan Group; andClass on such Distribution Date; (xxxxv) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing difference between the same information in an alternative format) available each month to Certificateholders Swap Notional Amount and the other parties to this Agreement via Underwritten Certificates (and the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained Class B Certificate if held by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible an entity unrelated to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any Seller) Principal Balance on such change. Distribution Date; In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Closing Date. The Certificate Administrator may, in the absence of manifest error, conclusively rely upon the Determination Date Report of the Servicer in its preparation of the statement to Certificateholders pursuant to this Section 4.03. (b) Within a reasonable period of time after the end of each calendar year, the Securities Certificate Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Certificate Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Certificate Administrator shall supply an electronic tape forward to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Certificate Administrator deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Certificate Administrator shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Certificate Administrator pursuant to any requirements of the Code as from time to time in force. (e) No later than noon on the Business Day prior to each Distribution Date, Inc. the Certificate Administrator shall forward, by facsimile transmission, the statement prepared pursuant to paragraph (a) of this Section 4.03, together with all other information reasonably necessary to make the distributions pursuant to Section 4.01 of this Agreement, to the Trustee. On each Distribution Date, the Certificate Administrator, on a monthly basisbehalf of the Trustee, and shall supply an electronic tape forward by mail to Loan Performance and Intex Solutions in a format acceptable each Certificateholder the statement prepared pursuant to Loan Performance and Intex Solutions on a monthly basisparagraph (a) of this Section 4.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report obtained from information provided to it by the Master Servicer (Servicer, the “Distribution Date Statement”) Trustee shall prepare and forward by mail to each Holder of the Regular Certificates, the Master Servicer, the Certificate Insurer and the Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal;Class A Certificates, (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Class A Certificates allocable to principal and interest, separately identified; (iii) the Senior PercentageOvercollateralized Amount, Senior Prepayment Percentagethe Overcollateralization Release Amount, Subordinate Percentage the Overcollateralization Deficiency Amount and Subordinate Prepayment Percentage with respect to the Overcollateralization Target Amount as of such Distribution Date for each Class of Class A Certificates and the General Excess Available Amount for each related Loan Group for the following such Distribution Date; (iv) the aggregate amount of servicing compensation received by the Master Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns and, separately identified, the amount of compensation paid to the Special Servicer; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesPrepayment Period; (vi) [Reserved]; (vii) the Pool Principal Balance and the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Prepayment Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due Date; (xiiviii) separately stated for each Loan Group, the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) 30 to 59 days Delinquentpast due on a contractual basis, (b) 60 to 89 days Delinquentpast due on a contractual basis, (c) 90 or more days Delinquentpast due on a contractual basis, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case bankruptcy as of the close Close of business Business on the last day of the calendar month preceding such Distribution Date; (ix) with respect to any Mortgage Loan as to which the related Mortgaged Property became an REO Property during the preceding calendar month, the loan number of such Mortgage Loan, the Principal Balance of such Mortgage Loan as of the Close of Business on the last day of the related Prepayment Period, and the date on which it became an REO Property; (xiiix) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Perioddue period; (xivxi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxii) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvixiii) the aggregate amount of extraordinary Trust Fund expenses withdrawn from the Collection Account for such Distribution Date; (xiv) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates Class A Certificates, after giving effect to any the distributions made thereon, on such Distribution Date; (xviixv) the Interest Distributable Amount in respect of each Class of Certificates, Class A Certificates for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvi) the aggregate amount of any Net Prepayment Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date, to the extent not covered by payments by the Master Servicer pursuant to Section 3.26; (xvii) the amount of premium to be paid to the Certificate Insurer and the Trustee Fee for such Distribution Date, stated separately; (xviii) the Group I Interest Carryover and the Group II Interest Carryover, if any, for such Distribution Date and the amount remaining unpaid on each Interest Carryover after reimbursements therefor on such Distribution Date; (xix) any Overcollateralization Deficiency Amount after giving effect to the distribution of principal on such Distribution Date; (xx) whether the Step Down Cumulative Loss Test, Step Down Rolling Delinquency Test, Step Down Rolling Loss Test, Step Up Cumulative Loss Test, Step Up Rolling Delinquency Test, Step Up Rolling Loss Test and/or Step Up Spread Squeeze Test have been met, the cumulative realized losses with respect to each Loan Group, as a percentage of the original Loan Group Balance, the Delinquency Percentage and the Annual Loss Percentage; (xxi) the Available Funds with respect to each Loan Group; (xxxxii) the Pass-Through Rate for each the Class of A-1 and Class A-2 Certificates for such Distribution Date; (xxixxiii) the Liquidation Report for such Distribution Date; (xxiv) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Master Servicer, Special Servicer or Seller during the related Due Period, Period and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, Agreement requiring or allowing the purchase of each such Mortgage Loan; (xxiixxv) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts premium to be paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]PMI Insurer; (xxvi) [reserved]the aggregate amount representing collections of Prepayment Premiums during the related Prepayment Period included in Group I Available Funds and Group II Available Funds, on such Distribution Date; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, Class X Group I IO Component Distributable Amount and the Class X Group II IO Component Distributable Amount for such Loan Group;Distribution Date and (a) the portion thereof distributed on the current Distribution Date and the portion thereof remaining unpaid on such Distribution Date, (b) any such amount for any prior Distribution Date distributed on the current Distribution Date and (c) any such amount for any prior Distribution Date remaining unpaid after giving effect to the distributions on the current Distribution Date, separately stated; and (xxviii) the amount on deposit in each of Net Deferred Interestthe Pre-Funding Accounts and Capitalized Interest Accounts, if any, added stated separately. The Trustee shall forward such report concurrently with each distribution to the Certificateholders, the Certificate Principal Balance or Component Principal Balance of Insurer (at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, Attention: Surveillance Department) and the Rating Agencies on the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan GroupDistribution Date. The Securities Administrator will Trustee may also make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) such reports available each month to Certificateholders and the other parties each party referred to in this Agreement paragraph via the Securities Administrator’s internet Trustee's website. The Securities Administrator’s internet Trustee's website shall initially can be located accessed at “▇▇▇▇://▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such/invr. The Securities Administrator Trustee's obligations pursuant to this Section 4.03 are limited to the extent of its receipt of all necessary information from the Master Servicer. The Trustee may fully rely upon and shall have no liability with respect to information provided by the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such changeMaster Servicer. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape forward to Bloomberg Financial Marketsthe Class R Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Trustee shall deliver to each Person who at any time during the calendar year was a Class R Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Markets, Inc. on the previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a monthly basis, Class R Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and shall supply an electronic tape furnished to Loan Performance and Intex Solutions Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in a format acceptable to Loan Performance and Intex Solutions on a monthly basisforce.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Certificate Insurer, the Seller, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer and the Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reservedreserved]; (vii) the Loan Group Balance and related Net WAC and applicable Net WAC Cap for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) [reserved]; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period[reserved]; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and Loans for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates; (xvi) the Class Certificate Principal Balance or Class Certificate Notional Balance, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate and Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) current Recoveries allocable to each Loan Group; (xxiv) cumulative Recoveries allocable to each Loan Group; (xxv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxvii) payments made under the Yield Maintenance Agreements, if any; (xxviii) the amount of Net Deferred Interest, if any, added to the Class Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only ComponentsCertificates; (xxix) current Recoveries allocable the amount of the Certificate Insurer Reimbursement Amount, if any; (xxx) the Deficiency Amount, if any, to each Loan Groupbe paid by the Certificate Insurer; and (xxxxxxi) cumulative Recoveries allocable to each Loan GroupThe amount of any Class 1-P Distributable Amount, Class 2-P Distributable Amount, Class 3-P Distributable Amount, Class 3-XB Distributable Amount and Class ES Distributable Amount. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to the Certificate Insurer and each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Certificate Insurer, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report obtained from the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and; (xxx) cumulative Recoveries allocable to each Loan Group; (xxxi) the amount of the Certificate Insurer Reimbursement Amount, if any; and (xxxii) the Deficiency Amount, if any, to be paid by the Certificate Insurer. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to the Certificate Insurer and each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator Trustee shall make available to the Trustee, each Certificateholder, the Yield Maintenance Provider, the Seller, the Master Servicer any NIMS Insurer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date. Information in the Distribution Date Statement relating to or based on amounts available in the Yield Maintenance Account shall be based on information provided by the Yield Maintenance Provider regarding any Yield Maintenance Distributable Amounts required to be paid by the Yield Maintenance Provider for the related Distribution Date pursuant to the Yield Maintenance Agreement. The Distribution Date Statement shall include the following information, in each case, with respect to such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date[Reserved]; (iv) the aggregate amount of servicing compensation received by the Servicer during Servicing Fees and Credit Risk Manager Fees for the related Due Period; (v) the amount of Advances for each Loan Group and the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance for each Loan Group and related the Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viiivii) [Reserved]the Pool Balance and the Loan Group Balance for such Distribution Date; (ixviii) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR MTA Indexed Mortgage Loans and COFI Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xix) for each Loan Group, the aggregate Principal Balance amount of fees, expenses or indemnification amounts paid by the Trust Fund with an identification of the MTA Indexed Mortgage Loans at general purpose of such amounts and the Close of Business at the end of the related Due Periodparty receiving such amounts; (xix) for each Loan Group, the number, weighted average remaining term to maturity maturity, weighted average life and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xiixi) for each Loan Group, the number and aggregate unpaid principal balance of the related Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month, using the OTS method; (xiiixii) for each Loan Group, the book value (if available) of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivxiii) for each Loan Group, the aggregate amount of any Principal Prepayments, net Principal Prepayments or other unscheduled recoveries of principal with respect to each Loan Group made during the related Prepayment Period; (xvxiv) for each Loan Group, the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvixv) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xviixvi) for each Loan Group, the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each related Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvii) for each Class, the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date after giving effect to any distributions made thereon, on such Distribution Date; (xviii) for each Loan Group, the related Available Funds; (xix) the Available Funds with respect to for each Loan Group; (xx) , the Pass-Through Rate and related Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxixx) for each Loan Group, the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxiixxi) for each Loan Group, the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i5.01(d); (xxii) current Recoveries allocable to each Loan Group; (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest for each Class after giving effect to any distributions made thereon, with respect to the LIBOR Certificateson such Distribution Date; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxviiixxv) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Class Principal Balance of the related Certificates and Principal-Only ComponentsCertificates (xxvi) the amount of any Unpaid Interest Shortfall Amount; (xxixxxvii) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (amount of the Group 1 Final Maturity Reserve Amount, the Group 2 Final Maturity Reserve Amount and the Aggregate Final Maturity Reserve Amount deposited in the Final Maturity Reserve Account, and, at its option, any additional files containing on the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Final Maturity Reserve Termination Date, the Securities Administrator shall supply an electronic tape amount distributed from the Final Maturity Reserve Account to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.each Class of Certificates;

Statements. (a) On each Distribution Each month, not later than 12:00 noon New York time on the Determination Date, the Securities Certificate Administrator shall make available to prepare a report signed by an officer of the TrusteeCertificate Administrator (a "Certificate Administrator's Report") stating the date (day, each Certificateholdermonth and year), the SellerSeries number of the Certificates, the Master Servicer date of this Agreement, and the Rating Agency, a statement based, as applicable, following (based solely on the Remittance Report obtained information received from the Master Servicer (in the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date:Servicer's monthly computer tape): (i) the amount of Available Funds for the distribution made on such related Distribution Date to the Holders of each Class of Certificates allocable to principalDate; (ii) the amount of the distribution made on such Distribution Date to the Holders of Class Principal Balances for each Class of Certificates allocable to interestor, in the case of the first Determination Date, the Original Principal Balance for each Class of Certificates; (iii) the Senior PercentagePrincipal Distribution Amounts for the related Distribution Date, Senior Prepayment Percentage, Subordinate Percentage in the aggregate and Subordinate Prepayment Percentage with respect listed separately for the portions relating to each Loan Group for the following Distribution DateClass of Certificates; (iv) the amount of servicing compensation received by the Servicer during Overcollateralization Amount and Targeted Overcollateralization Amount for the related Due PeriodDistribution Date; (v) the aggregate amount number and Principal Balances of Advances for all Mortgage Loans which were the related Due Period and subject of Principal Prepayments during the amount of unreimbursed AdvancesCollection Period; (vi) [Reserved]the amount of all Curtailments which were received during the Collection Period; (vii) the Loan Group Balance aggregate amount of all Excess Payments and related Net WAC for each Loan Group at the Close amounts of Business at Monthly Payments in respect of principal received during the end of the related Due Collection Period; (viii) [Reserved]the amount of interest received on the Mortgage Loans; (ix) for each Loan Groupthe amount of the Monthly Advances to be made on the Determination Date, the aggregate Principal Balance portion of the One-Month LIBOR Indexed Mortgage Loans at Monthly Advances to be deposited in the Close of Business at Certificate Account pursuant to Section 6.01(a)(ii), and the end of Compensating Interest payment to be made on the related Due PeriodDetermination Date; (x) for each Loan Group, the aggregate Principal Balance of delinquency and foreclosure information set forth in the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Periodform attached hereto as Exhibit I; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate amount of any Realized Losses incurred during the related Mortgage Loans as of the related Due DateCollection Period; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in Current Interest for the aggregate and Distribution Date for each Loan Group, (a) 30 Class of Certificates and any Interest Shortfall Carryforward Amount relating to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as Class of the close of business on the last day of the preceding calendar monthCertificates; (xiii) the book value of any REO Property as of Reimbursable Amounts and amounts payable to the Close of Business on the last Business Day of the calendar month preceding Class X Certificates pursuant to Sections 6.04(d) with respect to the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount Class Principal Balance for each Class of Certificates and the Principal Prepayments with respect Balance after giving effect to each Loan Group the distribution to be made during on the related Prepayment PeriodDistribution Date and after allocation of Realized Losses made on such Distribution Date; (xv) the aggregate amount of Cumulative Realized Losses incurred during with respect to the related Due Period and the cumulative amount of Realized LossesDistribution Date; (xvi) the Supplemental Interest Amount for the Class Certificate Principal Balance of each Class of A-2 Certificates and with respect to the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of CertificatesServicing Fees, for such Distribution Date and amounts to be deposited to the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution DateExpense Account; (xviii) the aggregate amount of any Net Interest Shortfalls all payments and reimbursements to the Unpaid Interest Shortfall Amount for such Distribution DateServicer pursuant to Section 5.04(b), (c), (d)(ii), (e) and (f); (xix) the Available Funds with respect to each Loan Groupweighted average maturity and weighted average Mortgage Interest Rate of the Mortgage Loans for the related Collection Period, and the weighted average Mortgage Interest Rate for the prior three month period; (xx) the Pass-Through Rate for each Class of Certificates with respect to the Distribution Date and if the Pass-Through Rate for any Class of Certificates was based on the Pool Cap (or in the case of the Class A-2 Certificates, the Fixed Cap), what it would have been without regard to the Pool Cap (or Fixed Cap); (xxi) the rate of LIBOR with respect to the Distribution Date; (xxii) the Pool Cap with respect to the Distribution Date; (xxiii) if the Pass-Through Rate for the Class A-2 Certificates for such Distribution Date is based on the Fixed Cap, the amount of any remaining Supplemental Interest Amount for such Class after any Supplemental Interest Payments are made for such Distribution Date; (xxixxiv) with respect to the aggregate Principal Balance of Mortgage Loans purchased hereunder by Class A-2 Certificates, the Seller during the related Due Period, and indicating the relevant section amount of the Servicing Agreementdistribution, or if any, allocable to Supplemental Interest Amount and the Section amount of this Agreement, as applicable, requiring or allowing the purchase of each any Supplemental Interest Amount for all prior Distribution Dates after giving effect to such Mortgage Loandistribution; (xxiixxv) whether the Trigger Event is in effect; (xxvi) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid Applied Realized Loss Amount with respect to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) each Class of Certificates, the amount of any Basis Risk Shortfall, if any, and Realized Losses for the related accrued interest thereon, Collection Period with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]Mortgage Loans, and the amount of Cumulative Realized Losses on the Mortgage Loans as of the close of such Distribution Date; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, the Accelerated Principal Distribution Amount for such Loan GroupDistribution Date; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component number and Principal Balance of all Defaulted Mortgage Loans purchased during the related Certificates and Principal-Only ComponentsCollection Period; (xxix) current Recoveries allocable to each Loan Group; andthe Overcollaterization Amount for the applicable Distribution Date; (xxx) cumulative Recoveries allocable to each Loan Groupsuch other information as the Trustee may reasonably require. The Securities Certificate Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) report to Certificateholders available each month to Certificateholders and the other parties to this Agreement via the Securities Certificate Administrator’s 's internet website. The Securities Certificate Administrator’s 's internet website shall will initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” "www.firstlinkabs.com". Assistance in using the website can be obtained by calling the Securities obtaine▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇tificate Administrator’s 's customer service desk at (▇▇▇) ▇▇▇704-▇▇▇▇383-9568. Parties that are unable to use the above distribution option are entitled m▇▇▇▇▇ ▇▇▇ ▇▇titled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator Trustee shall have the right to change the way forward such reports are distributed in order to make such distribution more convenient and/or more accessible report to the partiesCertificateholders on the Distribution Date, together, if requested by a Certificateholder, with a separate report indicating the amount of funds deposited in the Certificate Account pursuant to Section 6.01(a); and the Securities Administrator shall provide timely amounts which are reimbursable to the Servicer or the Seller, as appropriate, pursuant to Sections 6.02(c)(i) and adequate notification to all parties regarding any such change6.02(c)(ii). In the discretion of the Certificate Administrator, in the case of certain information furnished pursuant to subclauses (i) and (ii) abovethe above provisions, the amounts shall be expressed in a separate section Section of the report as a dollar amount for each Class for each per $1,000 25,000 original dollar amount as of the Cut-Off Date. Each month, not later than the third Business Day prior to the Determination Date occurring in such month, the Servicer shall deliver to the Certificate Administrator the Servicer's Monthly Computer Tape in the form attached hereto as Exhibit J (both in hard copy and in computer tape form). The Certificate Administrator may rely fully upon and shall have no liability with respect to any information provided to it by the Servicer. The Certificate Administrator shall not be obligated to verify, recompute, reconcile or confirm any information contained in the Servicer's Monthly Computer Tape or otherwise provided by the Servicer. In making any payments or distributions required to be made by them pursuant to any of the provisions hereof, the Certificate Administrator shall make such payments and distributions based solely upon the information contained in the Servicer's Monthly Computer Tape or, if such information is not included in the Servicer's Monthly Computer Tape, upon written instructions of the Servicer. The Trustee may rely fully upon and shall have no liability with respect to any such information provided to it by the Servicer or the Certificate Administrator. The Trustee shall not be obligated to verify, recompute, reconcile or confirm any information contained in any Certificate Administrator's Report or otherwise provided by the Certificate Administrator or the Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Securities Certificate Administrator shall, upon written request, shall furnish to each Person who at any time during the calendar year was a Certificateholder and who so requests the amount of a Regular Certificate, if requested in writing by interest and principal distributed with respect to each Class of Certificates plus such Person, such other customary information as is reasonably the Certificate Administrator determines to be necessary and/or required by the Internal Revenue Service to provide enable the Certificateholders to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated prepare their tax returns for such calendar year or applicable portion thereof during which such Person was a Certificateholderyear. Such obligation of the Securities Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished provided by the Securities Certificate Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to timetime are in force. (c) On each Distribution Date, the Securities Certificate Administrator shall supply an electronic tape make available to Bloomberg Financial Marketsthe Class X and Class R Certificateholders a copy of the report forwarded to the Certificateholders in respect of such Distribution Date, Inc. as the case may be, and a statement, prepared by the Servicer or the Certificate Administrator, setting forth the amounts actually distributed to the Class X and Class R Certificateholders, on such Distribution Date together with such other information as the Servicer or Certificate Administrator provides and deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, the Certificate Administrator shall distribute to each Person who at any time during the calendar year was a Class X or Class R Certificateholder and who so requests such information as is reasonably necessary to provide to such Person a statement containing the information provided pursuant to the previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Class X or R Certificateholder, as applicable. Such obligation of the Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Certificate Administrator pursuant to any requirements of the Code as from time to time in force. (e) Upon reasonable advance notice in writing, the Servicer will provide to each Certificateholder which is a savings and loan association, bank or insurance company certain reports and access to information and documentation regarding the Mortgage Loans sufficient to permit such Certificateholder to comply with applicable regulations of the Office of Thrift Supervision or other regulatory authorities with respect to investment in the Certificates. (f) The Servicer shall furnish to each Certificateholder, during the term of this Agreement, such periodic, special, or other reports or information, whether or not provided for herein, as shall be necessary, reasonable, or appropriate with respect to the Certificateholder, or otherwise with respect to the purposes of this Agreement, all such reports or information to be provided by and in accordance with such applicable instructions and directions as the Certificateholder may reasonably require; provided, that the Servicer shall be entitled to be reimbursed by such Certificateholder for the Servicer's actual expenses incurred in providing such reports if such reports are not producible in the ordinary course of the Servicer's business. (g) The Certificate Administrator shall, on behalf of the Trust Fund, prepare, sign and file with the Securities and Exchange Commission any and all reports, statements and information respecting the Trust which the Depositor determines are required to be filed with the Securities and Exchange Commission pursuant to Sections 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, each such report, statement and information to be filed on or prior to the required filing date for such report, statement or information. Upon the request of the Certificate Administrator, each of the Servicer and the Depositor shall cooperate with the Certificate Administrator in the preparation of any such report and shall provide to the Certificate Administrator in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, timely manner all such information or documentation as the Certificate Administrator may reasonably request in connection with the performance of its duties and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basisobligations under this Section 6.06(g).

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Mortgage Loan information contained in the Remittance Report obtained from Report, the Master Servicer (the “Distribution Date Statement”) Trustee shall prepare and post on its website at www.jpmorgan.com/sfr, a statement as to the distributions to be made or made, as applicable, on such Distribution Date▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principalprincipal or reduction of Notional Amount, separately identified; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interestinterest or Class X Distributable Amount, separately identified; (iii) the Senior PercentageOvercollateralization Amount, Senior Prepayment Percentagethe Overcollateralization Release Amount, Subordinate Percentage the Overcollateralization Deficiency and Subordinate Prepayment Percentage with respect to each Loan Group the Targeted Overcollateralization Amount as of such Distribution Date and the Monthly Excess Interest Amount and Monthly Excess Cashflow Amount for the following such Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due Collection Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesCollection Period; (vi) [Reserved]; (vii) the Pool Balance and the Loan Group Balance and related Net WAC for each Loan Group at the Close close of Business business at the end of the related Due Collection Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) separately stated for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Mortgage Interest Rate of the related Mortgage Loans as of the related Due Date; (xiiviii) separately stated for each Loan Group, the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) 30 to 59 days Delinquentpast due on a contractual basis, (b) 60 to 89 days Delinquentpast due on a contractual basis, (c) 90 or more days Delinquentpast due on a contractual basis, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case bankruptcy as of the close of business on the last day of the calendar month preceding such Distribution Date; (ix) separately stated for each Loan Group, with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan 103 number of such Mortgage Loan, the unpaid principal balance and the Principal Balance of such Mortgage Loan as of the date it became an REO Property; (xiiix) separately stated for each Loan Group, the book value of any REO Property as of the Close close of Business business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close close of Business business of the last day of the preceding Due Collection Period; (xivxi) separately stated for each Loan Group, the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxii) the aggregate amount of prepayment penalties collected (including amounts deposited in connection with the full or partial waiver of such prepayment penalties pursuant to Section 3.01) during the related Collection Period and the amounts thereof allocable to the Class N Certificates and the Class X Certificates; (xiii) separately stated for each Loan Group, the aggregate amount of Realized Losses incurred during the related Due Collection Period and the cumulative amount of Realized Losses; (xvixiv) the Class Certificate Principal Balance Balance, or Notional Amount, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates Certificates, after giving effect to any distributions the distributions, and allocations of Realized Losses or Applied Realized Loss Amounts, as applicable, made thereon, on such Distribution Date, separately identifying any reduction thereof due to allocations of Realized Losses or Applied Realized Loss Amounts; (xviixv) the Accrued Certificate Interest Distributable Amount in respect of each Class of Certificates, Offered Certificates and Class B-4 Certificates for such Distribution Date Date, separately identifying the portions thereof attributable to LIBOR Carryover Amounts, and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvi) the aggregate amount of any Net Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.23; (xvii) [Reserved]; (xviii) [Reserved]; (xix) the amount of the Trustee Fee paid; (xx) the LIBOR Carryover Amounts distributed on such Distribution Date and the Unpaid Interest Shortfall Amount for portion thereof covered by withdrawals from the Reserve Account and the amounts remaining after giving effect to distributions thereof on such Distribution Date; (xixxxi) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date; (xxii) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the original Pool Balance; (xxiii) the Available Funds with respect to each Loan GroupFunds; (xxxxiv) the Pass-Through Rate rate at which interest accrues for each Class of Certificates for such Distribution Date; (xxixxv) the Liquidation Report for such Distribution Date; (xxvi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Servicer or Seller during the related Due Period, Collection Period and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, Agreement requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved];; and (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component aggregate Principal Balance of the Mortgage Loans repurchased by the Servicer (or an affiliate) during the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information Collection Period in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇connection with Section 3.16. Parties that are unable to use the above distribution option http://www.jpmorgan.com/sfr are entitled to have a paper copy mailed to them via first class mail t▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ by calling the customer service desk Trustee at (212) 623-5600 and indicating such. The Securities Administrator Trustee shall have the right to change the way t▇ ▇▇▇▇▇▇ ▇▇▇ ▇ay such reports statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all above parties regarding any such changechanges. The Trustee may fully rely upon and shall have no liability with respect to information with respect to the Mortgage Loans provided by the Servicer. In the case of information furnished pursuant to subclauses (i) and through (iiiii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, Trustee shall furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through ), (iiiii), (xv) and (xxixx) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape make available to Bloomberg Financial Markets, Inc. the Residual Certificateholders a copy of the reports made available to the Regular Certificateholders in a format acceptable respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. Such obligation of the Trustee shall be deemed to Bloomberg Financial Markets, Inc. on a monthly basis, have been satisfied to the extent that substantially comparable information shall be prepared and shall supply an electronic tape furnished to Loan Performance and Intex Solutions Residual 105 Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in a format acceptable to Loan Performance and Intex Solutions on a monthly basisforce.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Certificate Insurer, the Yield Maintenance provider, the Seller, any NIMS Insurer, the Master Servicer and the each Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer, the Senior Basis Risk Cap Provider, the Subordinate Basis Risk Cap Provider and the Servicer (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date. Information in the Distribution Date Statement relating to or based on amounts available in the Yield Maintenance Account shall be based on information provided by the Yield Maintenance Provider regarding any Yield Maintenance Distributable Amounts required to be paid by the Yield Maintenance Provider for the related Distribution Date pursuant to the Yield Maintenance Agreement. The Distribution Date Statement shall include the following information, in each case, with respect to such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date[Reserved]; (iv) the aggregate amount of servicing compensation received by the Servicer during Servicing Fees, Subservicing Fees, Master Servicing Fees and Credit Risk Manager Fees for the related Due Period; (v) the amount of Advances for each Loan Group and the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance for each Loan Group and related the Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viiivii) [Reserved]the Pool Balance, the Pool Collateral Balance and the Loan Group Balance for such Distribution Date; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xviii) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xiix) for each Loan Group, the amount of fees, expenses or indemnification amounts paid by the Trust Fund with an identification of the general purpose of such amounts and the party receiving such amounts; (x) for each Loan Group, the number, weighted average remaining term to maturity maturity, weighted average life and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xiixi) for each Loan Group, the number and aggregate unpaid principal balance of the related Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month, using the OTS method; (xiiixii) for each Loan Group, the book value (if available) of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivxiii) for each Loan Group, the aggregate amount of any Principal Prepayments, net Principal Prepayments or other unscheduled recoveries of principal with respect to each Loan Group made during the related Prepayment Period; (xvxiv) for each Loan Group, the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvixv) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xviixvi) for each Loan Group, the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each related Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvii) for each Loan Group, the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date after giving effect to any distributions made thereon, on such Distribution Date; (xviii) for each Loan Group, the related Available Funds; (xix) the Available Funds with respect to for each Loan Group; (xx) , the Pass-Through Rate and related Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxixx) for each Loan Group, the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Mortgage Loan Purchase Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxiixxi) for each Loan Group, the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxii) current Recoveries allocable to each Loan Group; (xxiii) cumulative Recoveries allocable to each Loan Group; (xxiv) the amount of any Basis Risk Shortfall, if any, and the related accrued interest for each Class after giving effect to any distributions made thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]on such Distribution Date; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxvi) the amount of the Certificate Insurer Reimbursement Amount, if any; (xxvii) the Deficiency Amount, if any, to be paid by the Certificate Insurer; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Class Principal Balance of the related Certificates and Principal-Only Components;Certificates (xxix) current Recoveries allocable the amount of any Unpaid Interest Shortfall Amount; (xxx) the amount of the Group 1 Final Maturity Reserve Amount, the Group 2 Final Maturity Reserve Amount and the Aggregate Final Maturity Reserve Amount deposited in the Final Maturity Reserve Account, and, on the Final Maturity Reserve Termination Date, the amount distributed from the Final Maturity Reserve Account to each Class of Certificates; (xxxi) the Overcollateralized Amount for that Distribution Date; (xxxii) the Overcollateralization Target Amount for that Distribution Date; (xxxiii) the amount remitted by the Administrator to the Securities Administrator pursuant to the Yield Maintenance Allocation Agreement; (xxxiv) the payments, if any, made from the Yield Maintenance Account and the amount distributed to the LIBOR Certificates from such payments; (xxxv) the amount of any Class P Distributable Amount; (xxxvi) the amount on deposit in the Prefunding Account in the aggregate and for each Loan GroupGroup (including a breakdown of amounts released during the prior calendar month in respect of Aggregate Subsequent Transfer Amounts or amounts included in Available Funds on the Distribution Date in the month following the end of the Prefunding Period) and the amount of funds remaining in the Capitalized Interest Account (after giving effect to distributions on such Distribution Date); (xxxvii) the amount of any payments made by the Senior Basis Risk Cap Provider or the Subordinate Basis Risk Cap Provider to the related Basis Risk Cap Account pursuant to Section 5.13; and (xxxxxxviii) cumulative Recoveries allocable to each Loan Groupthe aggregate Principal Balance and number of Subsequent Mortgage Loans purchased in the Prefunding Period. The Securities Administrator will shall make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders Certificateholders, the Certificate Insurer and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Initial Cut-Off off Date. (b) Within a reasonable period of time after . In addition to the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Personinformation listed above, such information as is reasonably necessary to provide to such Person a statement containing Distribution Date Statement or the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated report on Form 10-D for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation Distribution Date shall also include any other information required by Item 1121 (§ 229.1121) of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to timeRegulation AB. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer and the Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the each Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, each as of the related Determination Date; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]for each Loan Group, the aggregate Principal Balance of the One-Year CMT Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed, Six-Month LIBOR Indexed and One-Year LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period;[reserved] (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments and Prepayment Penalty Amounts with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the related Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i);; and (xxiii) the amount of any unpaid Basis Risk Shortfall, Shortfall or Unpaid Basis Risk Shortfall (if any, applicable) and the related accrued interest thereon, with respect to the LIBOR Class 1-A Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On Concurrently with each Distribution Datedistribution to Certificateholders, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer Servicer, the Trustee and the Rating AgencyAgencies, a statement based, as applicable, on the Remittance Report obtained from loan-level information provided to it by the Master Servicer and the Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date. The Distribution Date Statement shall include the following: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the each Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesAdvances as reported by each Servicer; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Year CMT Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (viii) the aggregate Principal Balance of the Six-Month LIBOR Indexed, One-Month LIBOR Indexed and One-Year LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) the amount of the Master Servicer Fees paid to or retained by the Master Servicer; (x) for each Loan Group, the aggregate Principal Balance amount of Servicing Fees paid to or retained by the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due PeriodServicers; (xi) to the extent that such amounts are paid out of the Distribution Account, the amount of fees, expenses or indemnification amounts paid by the Trust with an identification of the general purpose of such amounts and the party receiving such amounts; (xii) for each Loan Group, the number, weighted average remaining term to maturity maturity, weighted average life and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xiixiii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, using the “MBA” method (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiiixiv) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar rolling six-month preceding the delinquency rate for that Distribution Date, and, cumulatively, ; (xv) the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivxvi) the aggregate amount of Principal Prepayments and Prepayment Penalty Amounts with respect to each Loan Group made during the related Prepayment Period; (xvxvii) the aggregate amount of Realized Losses for each Loan Group and Recoveries incurred during the related Due Period and the cumulative amount of Realized LossesLosses and Recoveries as of such Distribution Date; (xvixviii) the cumulative amount of Realized Losses for each Loan Group; (xix) the Realized Losses and Recoveries, if any, allocated to each Class of Certificates on the related Distribution Date; (xx) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xviixxi) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixxii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xixxxiii) the Available Funds with respect to each Loan Group; (xxxxiv) the Pass-Through Rate for each Class of Certificates for such Distribution DateDate and the level of LIBOR used to determine the applicable Pass-Through Rate; (xxixxv) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the related Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxiixxvi) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiiixxvii) the amount total number of any Basis Risk Shortfall, if any, Mortgage Loans in the aggregate and the related accrued interest thereon, with respect to aggregate Stated Principal Balance for the LIBOR Certificates; Group 1 Mortgage Loans (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) also separately stating such information for each Loan Groupthe Adjustable Rate Mortgage Loans, the amount Three-Year Hybrid Mortgage Loans and the Five-Year Hybrid Mortgage Loans), the Group 2 Mortgage Loans and the Group 3 Mortgage Loans, in each case at the close of Net Deferred Interest, if any, for such Loan Group;business at the end of the related Due Period; and (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Groupany Class ES Distributable Amount. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇1-▇▇▇▇866-846-4526. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through ), (iiiii) and (xxiiv) above, aggregated for such calendar year or applicable portion thereof during which such Person was a CertificateholderCertificateholder and such other customary information which a Certificateholder reasonably requests to prepare its tax returns. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On Two Business Days prior to each Distribution Date, the Securities Administrator shall make available to the Trustee, and concurrently with each distribution to Certificateholders, the Securities Administrator shall make available to each Certificateholder, the Seller, the Master Servicer Servicer, the Trustee and the Rating Agency, a statement based, as applicable, on the Remittance Report obtained from loan-level information provided to it by the Master Servicer Servicer, (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the each Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, each as of the related Determination Date; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]for each Loan Group, the aggregate Principal Balance of the One-Year CMT Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) for each Loan Group, the aggregate Principal Balance of the Six-Month LIBOR Indexed, One-Month LIBOR Indexed and One-Year LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period;[reserved] (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments and Prepayment Penalty Amounts with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the related Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan;; and (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Mortgage Loan information contained in the Remittance Report obtained from Report, the Master Servicer (the “Distribution Date Statement”) Trustee shall prepare and post on its website at ▇▇▇.▇▇▇▇▇▇.▇▇▇/▇▇▇, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principalprincipal or reduction of Notional Amount, separately identified; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interestinterest or Class X Distributable Amount, separately identified; (iii) the Senior PercentageOvercollateralization Amount, Senior Prepayment Percentagethe Overcollateralization Release Amount, Subordinate Percentage the Overcollateralization Deficiency and Subordinate Prepayment Percentage with respect to each Loan Group the Targeted Overcollateralization Amount as of such Distribution Date and the Monthly Excess Interest Amount and Monthly Excess Cashflow Amount for the following such Distribution Date; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due Collection Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesCollection Period; (vi) [Reserved]; (vii) the Pool Balance and the Loan Group Balance and related Net WAC for each Loan Group at the Close close of Business business at the end of the related Due Collection Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) separately stated for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Mortgage Interest Rate of the related Mortgage Loans as of the related Due Date; (xiiviii) separately stated for each Loan Group, the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) 30 to 59 days Delinquentpast due on a contractual basis, (b) 60 to 89 days Delinquentpast due on a contractual basis, (c) 90 or more days Delinquentpast due on a contractual basis, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case bankruptcy as of the close of business on the last day of the calendar month preceding such Distribution Date; (ix) separately stated for each Loan Group, with respect to any Mortgage Loan that became an REO Property during the preceding calendar month, the loan number of such Mortgage Loan, the unpaid principal balance and the Principal Balance of such Mortgage Loan as of the date it became an REO Property; (xiiix) separately stated for each Loan Group, the book value of any REO Property as of the Close close of Business business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close close of Business business of the last day of the preceding Due Collection Period; (xivxi) separately stated for each Loan Group, the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxii) the aggregate amount of prepayment penalties collected (including amounts deposited in connection with the full or partial waiver of such prepayment penalties pursuant to Section 3.01) during the related Collection Period and the amounts thereof allocable to the Class N Certificates and the Class X Certificates; (xiii) separately stated for each Loan Group, the aggregate amount of Realized Losses incurred during the related Due Collection Period and the cumulative amount of Realized Losses; (xvixiv) the Class Certificate Principal Balance Balance, or Notional Amount, as applicable, of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates Certificates, after giving effect to any distributions the distributions, and allocations of Realized Losses or Applied Realized Loss Amounts, as applicable, made thereon, on such Distribution Date, separately identifying any reduction thereof due to allocations of Realized Losses or Applied Realized Loss Amounts; (xviixv) the Accrued Certificate Interest Distributable Amount in respect of each Class of Certificates, Offered Certificates for such Distribution Date Date, separately identifying the portions thereof attributable to Carryover Amounts, and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvi) the aggregate amount of any Net Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.23; (xvii) [Reserved]; (xviii) [Reserved]; (xix) the amount of the Trustee Fee paid; (xx) the Carryover Amounts distributed on such Distribution Date and the Unpaid Interest Shortfall Amount for amounts remaining after giving effect to distributions thereof on such Distribution Date; (xixxxi) any Overcollateralization Deficiency after giving effect to the distribution of principal on such Distribution Date; (xxii) whether a Trigger Event has occurred and is continuing, and the cumulative Realized Losses, as a percentage of the original Pool Balance; (xxiii) the Available Funds with respect to each Loan GroupFunds; (xxxxiv) the Pass-Through Rate rate at which interest accrues for each Class of Certificates for such Distribution Date; (xxixxv) the Liquidation Report for such Distribution Date; (xxvi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Servicer or Seller during the related Due Period, Collection Period and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, Agreement requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved];; and (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component aggregate Principal Balance of the Mortgage Loans repurchased by the Servicer (or an affiliate) during the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable Collection Period in connection with Section 3.16. Parties that are unable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “use ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option /abs are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk Trustee at (▇▇▇) ▇▇▇-▇▇▇▇ and indicating such. The Securities Administrator Trustee shall have the right to change the way such reports statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all above parties regarding any such changechanges. The Trustee may fully rely upon and shall have no liability with respect to information with respect to the Mortgage Loans provided by the Servicer. In the case of information furnished pursuant to subclauses (i) and through (iiiii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, Trustee shall furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through ), (iiiii), (xv) and (xxixx) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape make available to Bloomberg Financial Markets, Inc. the Residual Certificateholders a copy of the reports made available to the Regular Certificateholders in a format acceptable respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. Such obligation of the Trustee shall be deemed to Bloomberg Financial Markets, Inc. on a monthly basis, have been satisfied to the extent that substantially comparable information shall be prepared and shall supply an electronic tape furnished to Loan Performance and Intex Solutions Residual Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in a format acceptable to Loan Performance and Intex Solutions on a monthly basisforce.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on the Remittance Report loan-level information obtained from the Master Servicer and the Servicers (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the aggregate amount of servicing compensation received by the each Servicer during the related Due PeriodPeriod and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]the Special Hazard Loss Coverage Amount, the Fraud Loss Coverage Amount and the Bankruptcy Loss Coverage Amount, each as of the related Determination Date; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]for each Loan Group, the aggregate Principal Balance of the One-Year CMT Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed, Six-Month LIBOR Indexed and One-Year LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period[reserved]; (xi) for each Loan Group, the number, weighted average remaining term to maturity and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xii) the number and aggregate unpaid principal balance of Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xiv) the aggregate amount of Principal Prepayments and Prepayment Penalty Amounts with respect to each Loan Group made during the related Prepayment Period; (xv) the aggregate amount of Realized Losses incurred during the related Due Period and the cumulative amount of Realized Losses; (xvi) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates for such Distribution Date; (xxi) the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the related Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxxxxiv) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxi) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On Two Business Days prior to each Distribution Date, the Securities Administrator shall make available to the TrusteeSecurities Administrator, and concurrently with each distribution to Certificateholders, the Certificate Insurer, the Credit Risk Manager, the Securities Administrator shall make available to each Certificateholder, the Seller, the Master Servicer Servicer, the Trustee and the Rating AgencyAgencies, a statement based, as applicable, on the Remittance Report obtained from loan-level information provided to it by the Master Servicer and the Servicer, no later than the third Business Day prior to the related Distribution Date, (the “Distribution Date Statement”) as to the distributions to be made or made, as applicable, on such Distribution Date. The Distribution Date Statement shall include the following: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date[Reserved]; (iv) the aggregate amount of servicing compensation received by the Servicer during the related Due PeriodPeriod and such other customary information as the Securities Administrator deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for each Loan Group for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and for each Loan Group, the related Net WAC Cap for each Loan Group at the Close of Business at the end of the related Due Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xviii) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xiix) for each Loan Group, the amount of fees, expenses or indemnification amounts paid by the Trust Fund with an identification of the general purpose of such amounts and the party receiving such amounts; (x) for each Loan Group, the number, weighted average remaining term to maturity maturity, weighted average life and weighted average Loan Rate of the related Mortgage Loans as of the related Due Date; (xiixi) for each Loan Group, the number and aggregate unpaid principal balance of the related Mortgage Loans, in the aggregate and for each Loan Group, (a) 30 to 59 days Delinquent, (b) 60 to 89 days Delinquent, (c) 90 or more days Delinquent, (d) as to which foreclosure proceedings have been commenced and (e) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar month; (xiiixii) for each Loan Group, the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivxiii) for each Loan Group, the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxiv) for each Loan Group, the aggregate amount of Realized Losses incurred during the related Due Period for each Loan Group and the cumulative amount of Realized Losses and the amount of Realized Losses, if any, allocated to each Class of Certificates; (xvixv) the Class Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Certificates after giving effect to any distributions made thereon, on such Distribution Date; (xviixvi) for each Loan Group, the Monthly Interest Distributable Amount and the Interest Distributable Amount in respect of each related Class of Certificates, for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviiixvii) for each Loan Group, the aggregate amount of any Net Interest Shortfalls and the Unpaid Interest Shortfall Amount for such Distribution Date; (xixxviii) the Available Funds with respect to for each Loan Group, the related Available Funds; (xxxix) for each Loan Group, the Pass-Through Rate and Adjusted Cap Rate for each Class of Certificates for such Distribution Date; (xxixx) for each Loan Group, the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, and indicating the relevant section of the Servicing Mortgage Loan Purchase Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan; (xxi) [reserved]; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)for each Loan Group, current Recoveries allocable thereto; (xxiii) for each Loan Group, cumulative Recoveries allocable thereto; (xxiv) for each Loan Group, the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the amount of Deferred Interest and Net Deferred Interest, if any, for such Loan Group; (xxvi) the amount of the Certificate Insurer Reimbursement Amount, if any; (xxvii) the Deficiency Amount, if any, to be paid by the Certificate Insurer; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Class Principal Balance of the related Certificates and Principal-Only ComponentsCertificates; (xxix) current Recoveries allocable to the Overcollateralization Amount for that Distribution Date; (xxx) the Overcollateralization Target Amount for that Distribution Date; (xxxi) for each Loan Group, the aggregate minimum amount of payments required to be made in respect of interest and principal on the Mortgage Loans; (xxxii) the number of Mortgage Loans and the aggregate Stated Principal Balance of Mortgage Loans that have negative amortization; and (xxxxxxiii) cumulative Recoveries allocable to each Loan GroupThe amount of any Class P Distributable Amount and the Class ES Distributable Amount. The Securities Administrator will shall make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such change. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Date. In addition to the information listed above, such Distribution Date Statement shall also include the information required by Item 1121 (§ 229.1121) of Regulation AB. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a CertificateholderCertificateholder and such other customary information which a Certificateholder reasonably requests to prepare its tax returns. Such obligation of the Securities Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator shall supply an electronic tape to Bloomberg Financial Markets, Inc. in a format acceptable to Bloomberg Financial Markets, Inc. on a monthly basis, and shall supply an electronic tape to Loan Performance and Intex Solutions in a format acceptable to Loan Performance and Intex Solutions on a monthly basis.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement basedbased solely, as applicable, on information provided to it by the Remittance Report obtained from Servicer in its Determination Date Report. The Trustee shall prepare and make available to each Holder of the Master Regular Certificates, the Swap Counterparties, the Servicer (and the “Distribution Date Statement”) Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class P Certificates allocable to principalPrepayment Charges; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Date; (iv) the amount of servicing compensation received by the Servicer during the related Due Period; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed Advances; (vi) [Reserved]; (vii) the Loan Group Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Period; (viii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Pool Balance of the One-Month LIBOR Indexed Group IA Mortgage Loans, the Group IB Mortgage Loans, the Group II Mortgage Loans and the Group III Mortgage Loans at the Close of Business at the end of the related Due Period; (xiv) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, weighted average remaining term to maturity aggregate principal balance, and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due DateDetermination Date and the number and aggregate principal balance of all Subsequent Mortgage Loans added during the preceding Prepayment Period; (xiiv) the number and aggregate unpaid principal balance of Mortgage Loans, Loans that were (A) Delinquent (exclusive of Mortgage Loans in the aggregate bankruptcy or foreclosure and for each Loan Group, REO Properties) (a1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and (eC) in bankruptcy, in each case as of the close of business on the last day of the preceding calendar monthREO Properties; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day of the calendar month preceding the Distribution Date, and, cumulatively, the total number and cumulative principal balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Period; (xivvi) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvvii) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xviviii) the Class Certificate Principal Balance of each class of the Class A Certificates, each class of the Mezzanine Certificates, each class of the Class B Certificates and the Apportioned Principal Balances of the Subordinate Certificates Class O Certificates, after giving effect to any the distributions made thereonon such Distribution Date; (ix) the Unpaid Interest Shortfall Amount, if any, with respect to each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of Class B Certificates for such Distribution Date; (x) the aggregate amount of any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicer pursuant to Section 3.25; (xi) the Credit Enhancement Percentage for such Distribution Date; (xii) the Available Funds Cap Carryforward Amount for each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of the Class B Certificates if any, for such Distribution Date and the amount remaining unpaid after reimbursements therefor on such Distribution Date; (xiii) the respective Pass-Through Rates applicable to each class of the Class A Certificates, each class of the Mezzanine Certificates and the Class B Certificates for such Distribution Date and the Pass-Through Rate applicable to each class of the Class A Certificates, each class of the Mezzanine Certificates and each class of the Class B Certificates for the immediately succeeding Distribution Date; (xiv) the Supplemental Interest Payment for each Class on such Distribution Date; (xv) the difference between (x) the aggregate notional amount of the Swap Agreements and (y) the aggregate Certificate Principal Balance of the Underwritten Certificates on such Distribution Date; (xvi) the Required Overcollateralization Amount for such Distribution Date; (xvii) the Interest Distributable Amount in respect of each Class of Certificates, Excess Cashflow for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls and Scheduled Principal Payments made during the Unpaid Interest Shortfall Amount for such Distribution Daterelated Due Period; (xix) the Available Funds with respect to each aggregate amount of Principal Prepayments made during the related Due Period in which the related Mortgagor paid the related Mortgage Loan Groupin full; (xx) the Pass-Through Rate for each Class aggregate amount of Certificates for such Distribution DatePrincipal Prepayments in part made during the related Prepayment Period; (xxi) the number and the aggregate Principal Balance principal balance of all Liquidated Mortgage Loans purchased hereunder by the Seller during for the related Due Prepayment Period, and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loan;; and (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i); (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR Certificates; (xxiv) [reserved]; (xxv) [reserved]; (xxvi) [reserved]; (xxvii) for each Loan Group, the aggregate amount of Net Deferred Interest, if any, for such Loan Group; (xxviii) the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of Liquidation Proceeds received during the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make the Distribution Date Statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and the other parties to this Agreement via the Securities Administrator’s internet website. The Securities Administrator’s internet website shall initially be located at “▇▇▇.▇▇▇▇▇▇▇.▇▇▇.” Assistance in using the website can be obtained by calling the Securities Administrator’s customer service desk at (▇▇▇) ▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such reports are distributed in order to make such distribution more convenient and/or more accessible to the parties, and the Securities Administrator shall provide timely and adequate notification to all parties regarding any such changePrepayment Period. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-Off Closing Date. The Trustee may, in the absence of manifest error, conclusively rely upon the Determination Date Report of the Servicer in its preparation of the statement to Certificateholders pursuant to this Section 4.03. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape forward to Bloomberg Financial Marketsthe Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. (d) Within a reasonable period of time after the end of each calendar year, Inc. the Trustee shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in force. (e) On each Distribution Date, Inc. the Trustee shall post on its website at ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇\sfr, which posting shall be accessible to each Certificateholder and the Swap Counterparty, the statement prepared pursuant to paragraph (a) of this Section 4.03. Assistance in using the website can be obtained by calling the Trustee’s customer service desk at ▇-▇▇▇-▇▇▇-▇▇▇▇. Such parties that are unable to use the website are entitled to have a monthly basispaper copy mailed to them via first class mail by providing a written request of such to the Trustee at is Corporate Trust office. The Trustee shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or accessible to the above parties and the Trustee shall provide timely and adequate notification to all above parties regarding any such changes. The Trustee shall not have any responsibility to (i) verify information provided by the Servicer to be included in such statement or (ii) include any information required to be included in such statement if the Servicer has failed to timely produce such information to the Trustee, as required pursuant hereto. (f) No later than noon on the second Business Day prior to each Distribution Date, the Trustee will verify that no Notional Amount Test Event is scheduled to occur on the related Distribution Date. In the event a Notional Amount Test Event would otherwise occur on the related Distribution Date, the Trustee will immediately provide notice in the form of Exhibit J to the appropriate NovaStar entity and assign in $10,000,000 increments a portion of the related notional amount from the affected Swap Agreement on the day immediately preceding that Distribution Date until no Notional Amount Test Event will occur on the related Distribution Date. The Trustee shall supply an electronic tape assign the applicable notional amount from the Swap Agreement with the earliest maturity. In the event that two or more Swap Agreements have the same maturity date, which date is the earliest maturity date of the outstanding Swap Agreements, the Trustee shall assign the applicable notional amounts from the Swap Agreement with the lowest fixed rate. Once such notional amounts have been assigned back to Loan Performance and Intex Solutions the appropriate NovaStar entity, the related Swap Counterparty will have no obligation to, nor interest in, the Trust with respect to such notional amounts. Furthermore, no distributions will be made from the Supplemental Interest Trust to the related Swap Counterparty in respect of notional amounts assigned under this Section 4.03 (f). In no event shall the Trustee allow a format acceptable Notional Amount Test Event to Loan Performance and Intex Solutions occur on a monthly basisany Distribution Date.

Statements. (a) On each Distribution Date, the Securities Administrator shall make available to the Trustee, each Certificateholder, the Seller, the Master Servicer and the Rating Agency, a statement based, as applicable, on information provided to it by the Remittance Report obtained from Servicer, the Master Servicer (Trustee shall prepare and make available to each Holder of the “Distribution Date Statement”) Regular Certificates, the Servicer, the Certificate Insurer and the Rating Agencies, a statement as to the distributions to be made or made, as applicable, on such Distribution Date: (i) the amount of the distribution made on such Distribution Date to the Holders of each Class of the Certificates allocable to principal; (ii) the amount of the distribution made on such Distribution Date to the Holders of each Class of the Certificates allocable to interest; (iii) the Senior Percentage, Senior Prepayment Percentage, Subordinate Percentage and Subordinate Prepayment Percentage with respect to each Loan Group for the following Distribution Datereserved; (iv) the aggregate amount of servicing compensation received by the Servicer during with respect to the related Due PeriodRemittance Period (separately identifying Servicing Fees and other servicing compensation) and such other customary information as the Trustee reasonably deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns; (v) the aggregate amount of Advances for the related Due Period and the amount of unreimbursed AdvancesRemittance Period; (vi) [Reserved]; (vii) the Loan Group Pool Balance and related Net WAC for each Loan Group at the Close of Business at the end of the related Due Remittance Period; (viiivii) [Reserved]; (ix) for each Loan Group, the aggregate Principal Balance of the One-Month LIBOR Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (x) for each Loan Group, the aggregate Principal Balance of the MTA Indexed Mortgage Loans at the Close of Business at the end of the related Due Period; (xi) for each Loan Group, the number, aggregate Stated Principal Balance, weighted average remaining term to maturity and weighted average Loan Mortgage Rate of the related Mortgage Loans as of the related Due Determination Date; (xiiviii) the number and aggregate unpaid principal balance Stated Principal Balance of Mortgage Loans, in the aggregate and for each Loan Group, Loans (a) that were (A) Delinquent (exclusive of Mortgage Loans in bankruptcy or foreclosure and REO Properties) (1) 30 to 59 days Delinquentdays, (b2) 60 to 89 days Delinquent, and (c3) 90 or more days Delinquentdays, (dB) as to which foreclosure proceedings have been commenced and Delinquent (e1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (C) in bankruptcybankruptcy and Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each preceding case as of the close of business on the last day of the preceding calendar month; (xiii) the book value of any REO Property as of the Close of Business on the last Business Day day of the calendar month preceding the such Distribution Date, and, cumulatively, and (b) the related Mortgaged Properties of which are REO Properties; (ix) the total number and cumulative principal balance Stated Principal Balance of all REO Properties in each Loan Group as of the Close of Business of the last day of the preceding Due Prepayment Period; (xivx) the aggregate amount of Principal Prepayments with respect to each Loan Group made during the related Prepayment Period; (xvxi) the aggregate amount of Realized Losses incurred during the related Due Prepayment Period and the cumulative amount of Realized Losses; (xvixii) the Class aggregate amount of Subsequent Recoveries received during the related Prepayment Period and the cumulative amount of Subsequent Recoveries received since the Closing Date (xiii) the aggregate Certificate Principal Balance of each Class of Certificates and the Apportioned Principal Balances of the Subordinate Regular Certificates after giving effect to the distributions, and allocations of Realized Losses, made on such Distribution Date separately identifying any distributions made thereonreduction thereof due to allocations of Realized Losses (in the case of the Subordinated Certificates and the Class C Certificates); (xiv) the Certificate Factor for each Class of the Regular Certificates applicable to such Distribution Date; (xv) the Accrued Certificate Interest for the Senior Certificates, on the Subordinated Certificates and the Class C Certificates for such Distribution Date and Unpaid Interest Shortfall Amount, if any, with respect to the Class A Certificates and the Subordinated Certificates for such Distribution Date; (xvi) the aggregate amount of any Net Prepayment Interest Shortfalls for such Distribution Date; (xvii) the aggregate amount of any Relief Act Interest Distributable Amount in respect of each Class of Certificates, Shortfalls for such Distribution Date and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date; (xviii) the aggregate amount of any Net Interest Shortfalls Overcollateralized Amount and the Unpaid Interest Shortfall Excess Overcollateralization Amount for such Distribution Date; (xix) the Available Funds with respect to each Loan Group; (xx) the Pass-Through Rate for each Class of Certificates Credit Enhancement Percentage for such Distribution Date; (xx) the Net WAC Rate Carryover Amount for the Class A Certificates and the Subordinated Certificates, if any, for such Distribution Date and the amount remaining unpaid after payments from the Excess Reserve Fund Account are made pursuant to Section 4.01(e); (xxi) when the aggregate Principal Balance of Mortgage Loans purchased hereunder by the Seller during the related Due Period, Stepdown Date has occurred and indicating the relevant section of the Servicing Agreement, or the Section of this Agreement, as applicable, requiring or allowing the purchase of each such Mortgage Loanwhen a Trigger Event is in effect; (xxii) the amount of any Principal Deficiency Amounts or Accrued Interest Amounts paid deposits to an Undercollateralized Group or amounts paid pursuant to Section 5.01(f)(i)and withdrawals from the Excess Reserve Fund Account on such Distribution Date; (xxiii) the amount of any Basis Risk Shortfall, if any, and the related accrued interest thereon, with respect to the LIBOR CertificatesAvailable Funds for such Distribution Date; (xxiv) [reserved]the respective Pass-Through Rates applicable to the Senior Certificates, the Subordinated Certificates and the Class C Certificates for such Distribution Date and the respective Pass-Through Rates applicable to the Senior Certificates and the Subordinated Certificates for the immediately succeeding Distribution Date; (xxv) [reserved]the aggregate Notional Amount of the Class C Certificates and Class IO Certificates, in each case after giving effect the reductions thereof to occur on such Distribution Date; (xxvi) [reserved]the amount of the Reimbursement Amount for such Distribution Date and the amount received by the Certificate Insurer in respect thereof on such Distribution Date; (xxvii) for each Loan Group, the amount of Net Deferred Interest, if any, for such Loan Group;on deposit in the Interest Coverage Account; and (xxviii) for the amount of Net Deferred Interest, if any, added to the Certificate Principal Balance or Component Principal Balance of the related Certificates and Principal-Only Components; (xxix) current Recoveries allocable to each Loan Group; and (xxx) cumulative Recoveries allocable to each Loan Group. The Securities Administrator will make distribution occurring on the Distribution Date Statement immediately following the end of the Funding Period, the balance on deposit in the Pre-Funding Account that has not been used to purchase Subsequent Mortgage Loans and that is being distributed to the Certificateholders on such Distribution Date. The Trustee will make such statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders Certificateholders, the Servicer, the Trustee, the Certificate Insurer and the other parties to this Agreement Rating Agencies via the Securities AdministratorTrustee’s internet website. The Securities AdministratorTrustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness, and accuracy of the information derived from the Servicer. By each Determination Date, the Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.01 and any other information on which the Servicer and the Trustee mutually agree. The Trustee’s internet website shall initially be located at “▇▇▇.h▇▇▇▇://▇▇▇.▇▇▇.” ▇▇.▇▇▇/▇▇▇▇. Assistance in using the website can be obtained by calling the Securities AdministratorTrustee’s customer service desk at (1-▇▇▇) -▇▇▇-▇▇▇▇. Parties that are unable to use the above distribution option options are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator Trustee shall have the right to change the way such reports statements are distributed in order to make such distribution more convenient and/or more accessible to the parties, above parties and the Securities Administrator Trustee shall provide timely and adequate notification to all above parties regarding any such changechanges. In the case of information furnished pursuant to subclauses (i) and (ii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as hypothetical Certificate having an initial Certificate Principal Balance or Notional Amount (in the case of the Cut-Off DateClass C Certificates) equal to $1,000. (b) Within a reasonable period of time after the end of each calendar year, the Securities Administrator Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) and (xxiii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Securities Administrator Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Securities Administrator Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time. (c) . On each Distribution Date, the Securities Administrator Trustee shall supply an electronic tape make available to Bloomberg Financial Marketsthe Class R Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate. Within a reasonable period of time after the end of each calendar year, Inc. the Trustee shall deliver to each Person who at any time during the calendar year was a Class R Certificateholder, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a format acceptable statement containing the information provided pursuant to Bloomberg Financial Marketsthe previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Class R Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in force. The Trustee shall maintain at its Corporate Trust Office and shall make available free of charge during normal business hours for review by any Certificateholder, Inc. on Certificate Owner or any Person identified to the Trustee as a prospective transferee of a Certificate, originals or copies of the following items: (i) the private placement memorandum or other disclosure document relating to such Certificates, if any, in the form most recently provided to the Trustee; and (ii) in all cases, (A) this Agreement and any amendments hereof entered into pursuant to Section 11.01, (B) all monthly basisstatements required to be delivered to Certificateholders of the relevant Class pursuant to this Section 4.02 since the Closing Date, and shall supply an electronic tape all other notices, reports, statements and written communications delivered to Loan Performance the Certificateholders of the relevant Class pursuant to this Agreement since the Closing Date, (C) all certifications delivered by a Responsible Officer of the Trustee since the Closing Date pursuant to Section 9.01(h) and Intex Solutions in (D) any and all Officers’ Certificates delivered to the Trustee by the Servicer since the Closing Date to evidence the Servicer’s determination that any Advance or Servicing Advance was, or if made, would be a format acceptable to Loan Performance Nonrecoverable Advance or Nonrecoverable Servicing Advance, respectively. Copies and Intex Solutions on a monthly basismailing of any and all of the foregoing items will be available from the Trustee upon request at the expense of the person requesting the same.