Common use of Trustee Distribution Date Statement Clause in Contracts

Trustee Distribution Date Statement. The Trustee shall, not later than the Business Day prior to each Deposit Date, furnish by telecopy to the Servicer, the Depositor and the Seller a statement derived from information on the Servicer Remittance Report that sets forth the following information for the Offered Certificates relating to the next succeeding Distribution Date: (a) the total amount of payments in respect of or allocable to interest on the Mortgage Loans received from the related Mortgagors by the Servicer during such Collection Period (including any net income from REO Properties received during the related Collection Period); (b) the aggregate amount of all Principal Prepayments received from the related Mortgagors by the Servicer during such Collection Period; (c) the aggregate amount of all Principal Payments received from the related Mortgagors by the Servicer during such Collection Period; (d) the total amount of Payments Ahead received during the related Collection Period; (e) the aggregate of any Trust Insurance Proceeds received by the Servicer during such Collection Period; (f) the aggregate of any Net Liquidation Proceeds received by the Servicer during such Collection Period; (g) the total amount of Compensating Interest payments to be paid by the Servicer pursuant to Section 3.08; (h) the aggregate Purchase Prices for (i) any Defective Mortgage Loans that the Seller is required to repurchase on the related Deposit Date pursuant to Section 2.03 or 2.05 and (ii) any Mortgage Loan that the Servicer is required to purchase on the related Deposit Date pursuant to Section 3.01 or 3.06; (i) any amounts required to be deposited by the Seller on the related Deposit Date in connection with the substitution of a Qualified Replacement Mortgage Loan pursuant to Section 2.03 or 2.05; (j) the amount of Monthly Advances to be made by the Servicer pursuant to Section 5.02(a); (k) the related Monthly Servicing Fee attributable to the Mortgage Loans in the related Mortgage Loan Group; (l) the amount of Monthly Advances reimbursable to the Servicer in such Collection Period pursuant to Section 5.02(a) and not previously reimbursed; (m) the amount of any Servicing Advance made by the Servicer pursuant to Section 5.02(b) and not previously reimbursed; (n) the amount of any Interest Shortfall for the related Distribution Date; (o) the number and Principal Balance of Mortgage Loans in each Mortgage Loan Group that, as of the end of the preceding calendar month were (i) 30 or more days contractually delinquent, (ii) 60 or more days contractually delinquent, (iii) 90 or more days contractually delinquent, (iv) in foreclosure, (v) as to which the Mortgagor is in bankruptcy to the knowledge of the Servicer, or (vi) as to which the related Mortgaged Property was an REO Property; (p) the dollar amount of (i) claims paid by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer and (ii) the claims denied by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer; (q) Prepayment Charges collected for the related Distribution Date; and (r) the Pass-Through Rates for each Class of Offered Certificates.

Trustee Distribution Date Statement. The Trustee shall, not later than the Business Day prior to each Deposit Date, furnish by telecopy to the Servicer, the Depositor Financial Guaranty Insurer and the Seller each Rating Agency a statement derived from information on the Servicer Remittance Report that sets forth for each Mortgage Loan Group and the following information for the related Offered Certificates Certificates, relating to the next succeeding Distribution Date: (a) the total amount of payments in respect of or allocable to interest on the Mortgage Loans received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period (including any net income from REO Properties received during the related Collection Period); (b) the aggregate amount of all Principal Prepayments received from the related Mortgagors by the Servicer during such Collection Period; (c) the aggregate amount of all Principal Payments received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period; (d) the total amount of Payments Ahead received during the related Collection Period; (e) the aggregate of any Trust Insurance Proceeds received by the Servicer during such Collection Period; (f) the aggregate of any Net Liquidation Proceeds received by the Servicer during such Collection Period; (g) the total amount of Compensating Interest payments to be paid by the Servicer pursuant to Section 3.08; (h) the aggregate Purchase Prices for (i) any Defective Mortgage Loans that the Seller is required to repurchase on the related Deposit Date pursuant to Section 2.03 or 2.05 and (ii) any Mortgage Loan that the Servicer is required to purchase on the related Deposit Date pursuant to Section 3.01 or 3.06; (i) any amounts required to be deposited by the Seller on the related Deposit Date in connection with the substitution of a Qualified Replacement Mortgage Loan pursuant to Section 2.03 or 2.05; (j) the amount of Monthly Advances to be made by the Servicer pursuant to Section 5.02(a); (k) the related Monthly Servicing Fee attributable to the Mortgage Loans in the related Mortgage Loan Group; (l) the amount of Monthly Advances reimbursable to the Servicer in such Collection Period pursuant to Section 5.02(a) and not previously reimbursed; (m) the amount of any Servicing Advance made by the Servicer pursuant to Section 5.02(b) and not previously reimbursed; (n) the amount of any Interest Shortfall for the related Distribution Date;; and (o) the number and Principal Balance of Mortgage Loans in each Mortgage Loan Group that, as of the end of the preceding calendar month related Determination Date were (i) 30 or more days contractually delinquent, (ii) 60 or more days contractually delinquent, (iii) 90 or more days contractually delinquent, (iv) in foreclosure, (v) as to which the Mortgagor is Mortgages has in bankruptcy proceedings to the knowledge of the Servicer, or (vi) as to which the related relate Mortgaged Property was an REO Property; (p) the dollar amount of (i) claims paid by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer and (ii) the claims denied by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer; (q) Prepayment Charges collected for the related Distribution Date; and (r) the Pass-Through Rates for each Class of Offered Certificates.. 86

Trustee Distribution Date Statement. The Trustee shall, not later than the Business Day prior to each Deposit Date, furnish by telecopy to the Servicer, the Depositor Servicer and the Seller Certificate Insurer a statement derived from information on the Servicer Remittance Report that sets forth the following information for the Offered Class A Certificates relating to the next succeeding Distribution Date: (a) the total amount of payments in respect of or allocable to interest on the Mortgage Loans received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period (including any net income from REO Properties received during the related Collection Period); (b) the aggregate amount of all Principal Prepayments received from the related Mortgagors by the Servicer during such Collection Period; (c) the aggregate amount of all Principal Payments received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period; (d) the total amount of Payments Ahead received during the related Collection Period; (e) the aggregate of any Trust Insurance Proceeds received by the Servicer during such Collection Period; (f) the aggregate of any Net Liquidation Proceeds received by the Servicer during such Collection Period; (g) the total amount of Compensating Interest payments to be paid by the Servicer pursuant to Section 3.08; (h) the aggregate Purchase Prices for (i) any Defective Mortgage Loans that the Seller is required to repurchase on the related Deposit Date pursuant to Section 2.03 or 2.05 and 2.05, (ii) any Mortgage Loan that the Servicer is required to purchase on the related Deposit Date pursuant to Section 3.01 or and (iii) any Mortgage Loans that the Servicer is to purchase on the related Deposit Date pursuant to Section 3.06; (i) any amounts required to be deposited by the Seller on the related Deposit Date in connection with the substitution of a Qualified Replacement Mortgage Loan pursuant to Section 2.03 or 2.05; (j) the amount of Monthly Advances to be made by the Servicer pursuant to Section 5.02(a); (k) the related Monthly Servicing Fee attributable to the Mortgage Loans in the related Mortgage Loan GroupFee; (l) the amount of Monthly Advances reimbursable to the Servicer in such Collection Period pursuant to Section 5.02(a) and not previously reimbursed; (m) the amount of any Servicing Advance made by the Servicer pursuant to Section 5.02(b) and not previously reimbursed;; and (n) the amount of any Interest Shortfall for the related Distribution Date; (o) the number and Principal Balance of Mortgage Loans in each Mortgage Loan Group that, as of the end of the preceding calendar month were (i) 30 or more days contractually delinquent, (ii) 60 or more days contractually delinquent, (iii) 90 or more days contractually delinquent, (iv) in foreclosure, (v) as to which the Mortgagor is in bankruptcy to the knowledge of the Servicer, or (vi) as to which the related Mortgaged Property was an REO Property; (p) the dollar amount of (i) claims paid by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer and (ii) the claims denied by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer; (q) Prepayment Charges collected for the related Distribution Date; and (r) the Pass-Through Rates for each Class of Offered Certificates.

Trustee Distribution Date Statement. The Trustee shall, not later than the Business Day prior to each Deposit Date, furnish by telecopy to the Servicer, the Depositor Financial Guaranty Insurer and the Seller each Rating Agency a statement derived from information on the Servicer Remittance Report that sets forth for each Mortgage Loan Group and the following information for the related Offered Certificates Certificates, relating to the next succeeding Distribution Date: (a) the total amount of payments in respect of or allocable to interest on the Mortgage Loans received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period (including any net income from REO Properties received during the related Collection Period); (b) the aggregate amount of all Principal Prepayments received from the related Mortgagors by the Servicer during such Collection Period; (c) the aggregate amount of all Principal Payments received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period; (d) the total amount of Payments Ahead received during the related Collection Period; (e) the aggregate of any Trust Insurance Proceeds received by the Servicer during such Collection Period; (f) the aggregate of any Net Liquidation Proceeds received by the Servicer during such Collection Period; (g) the total amount of Compensating Interest payments to be paid by the Servicer pursuant to Section 3.08; (h) the aggregate Purchase Prices for (i) any Defective Mortgage Loans that the Seller is required to repurchase on the related Deposit Date pursuant to Section 2.03 or 2.05 and (ii) any Mortgage Loan that the Servicer is required to purchase on the related Deposit Date pursuant to Section 3.01 or 3.06; (i) any amounts required to be deposited by the Seller on the related Deposit Date in connection with the substitution of a Qualified Replacement Mortgage Loan pursuant to Section 2.03 or 2.05; (j) the amount of Monthly Advances to be made by the Servicer pursuant to Section 5.02(a); (k) the related Monthly Servicing Fee attributable to the Mortgage Loans in the related Mortgage Loan Group; (l) the amount of Monthly Advances reimbursable to the Servicer in such Collection Period pursuant to Section 5.02(a) and not previously reimbursed; (m) the amount of any Servicing Advance made by the Servicer pursuant to Section 5.02(b) and not previously reimbursed; (n) the amount of any Interest Shortfall for the related Distribution Date;; and (o) the number and Principal Balance of Mortgage Loans in each Mortgage Loan Group that, as of the end of the preceding calendar month related Determination Date were (i) 30 or more days contractually delinquent, (ii) 60 or more days contractually delinquent, (iii) 90 or more days contractually delinquent, (iv) in foreclosure, (v) as to which the Mortgagor is in bankruptcy to the knowledge of the Servicer, or (vi) as to which the related Mortgaged Property was an REO Property; (p) the dollar amount of (i) claims paid by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer and (ii) the claims denied by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer; (q) Prepayment Charges collected for the related Distribution Date; and (r) the Pass-Through Rates for each Class of Offered Certificates.

Trustee Distribution Date Statement. The Trustee shall, not later than the Business Day prior to each Deposit Date, furnish by telecopy to the Servicer, the Depositor Servicer and the Seller each Rating Agency a statement derived from information on the Servicer Remittance Report that sets forth for each Mortgage Loan Group and the following information for the related Offered Certificates Certificates, relating to the next succeeding Distribution Date: (a) the total amount of payments in respect of or allocable to interest on the Mortgage Loans received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period (including any net income from REO Properties received during the related Collection Period); (b) the aggregate amount of all Principal Prepayments received from the related Mortgagors by the Servicer during such Collection Period; (c) the aggregate amount of all Principal Payments received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period; (d) the total amount of Payments Ahead received during the related Collection Period; (e) the aggregate of any Trust Insurance Proceeds received by the Servicer during such Collection Period; (f) the aggregate of any Net Liquidation Proceeds received by the Servicer during such Collection Period; (g) the total amount of Compensating Interest payments to be paid by the Servicer pursuant to Section 3.08; (h) the aggregate Purchase Prices for (i) any Defective Mortgage Loans that the Seller is required to repurchase on the related Deposit Date pursuant to Section 2.03 or 2.05 and (ii) any Mortgage Loan that the Servicer is required to purchase on the related Deposit Date pursuant to Section 3.01 or 3.06; (i) any amounts required to be deposited by the Seller on the related Deposit Date in connection with the substitution of a Qualified Replacement Mortgage Loan pursuant to Section 2.03 or 2.05; (j) the amount of Monthly Advances to be made by the Servicer pursuant to Section 5.02(a); (k) the related Monthly Servicing Fee attributable to the Mortgage Loans in the related Mortgage Loan Group; ; 72 (l) the amount of Monthly Advances reimbursable to the Servicer in such Collection Period pursuant to Section 5.02(a) and not previously reimbursed; (m) the amount of any Servicing Advance made by the Servicer pursuant to Section 5.02(b) and not previously reimbursed; (n) the amount of any Interest Shortfall for the related Distribution Date; (o) the number and Principal Balance of Mortgage Loans in each Mortgage Loan Group that, as of the end of the preceding calendar month were (i) 30 or more days contractually delinquent, (ii) 60 or more days contractually delinquent, (iii) 90 or more days contractually delinquent, (iv) in foreclosure, (v) as to which the Mortgagor is in bankruptcy to the knowledge of the Servicer, or (vi) as to which the related Mortgaged Property was an REO Property; (p) the dollar amount of (i) claims paid by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer and (ii) the claims denied by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer; (q) Prepayment Charges collected for the related Distribution Date; and (r) the Pass-Through Rates for each Class of Offered Certificates.

Trustee Distribution Date Statement. The Trustee shall, not later than the Business Day prior to each Deposit Date, furnish by telecopy to the Servicer, the Depositor Servicer and the Seller Certificate Insurer a statement derived from information on the Servicer Remittance Report for the Group I Mortgage Loans that sets forth the following information for the Offered Class A-1 Certificates and Group I and a statement derived from the information for the Group II Mortgage Loans that sets forth following information for the Class A-2 Certificates and Group II, relating to the next succeeding Distribution Date: (a) the total amount of payments in respect of or allocable to interest on the Mortgage Loans received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period (including any net income from REO Properties received during the related Collection Period); (b) the aggregate amount of all Principal Prepayments received from the related Mortgagors by the Servicer during such Collection Period; (c) the aggregate amount of all Principal Payments received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period; (d) the total amount of Payments Ahead received during the related Collection Period; (e) the aggregate of any Trust Insurance Proceeds received by the Servicer during such Collection Period; (f) the aggregate of any Net Liquidation Proceeds received by the Servicer during such Collection Period; (g) the total amount of Compensating Interest payments to be paid by the Servicer pursuant to Section 3.08; (h) the aggregate Purchase Prices for (i) any Defective Mortgage Loans that the Seller is required to repurchase on the related Deposit Date pursuant to Section 2.03 or 2.05 and 2.05, (ii) any Mortgage Loan that the Servicer is required to purchase on the related Deposit Date pursuant to Section 3.01 or within 90 days of the Closing Date pursuant to Section 2.09 and (iii) any Mortgage Loans that the Servicer is to purchase on the related Deposit Date pursuant to Section 3.06; (i) any amounts required to be deposited by the Seller on the related Deposit Date in connection with the substitution of a Qualified Replacement Mortgage Loan pursuant to Section 2.03 or 2.05; (j) the amount of Monthly Advances to be made by the Servicer pursuant to Section 5.02(a); (k) the related Monthly Servicing Fee attributable to the Mortgage Loans in the related Mortgage Loan Group; (l) the amount of Monthly Advances reimbursable to the Servicer in such Collection Period pursuant to Section 5.02(a) and not previously reimbursed; (m) the amount of any Servicing Advance made by the Servicer pursuant to Section 5.02(b) and not previously reimbursed;; and (n) the amount of any Interest Shortfall for the related Distribution Date; (o) the number and Principal Balance of Mortgage Loans in each Mortgage Loan Group that, as of the end of the preceding calendar month were (i) 30 or more days contractually delinquent, (ii) 60 or more days contractually delinquent, (iii) 90 or more days contractually delinquent, (iv) in foreclosure, (v) as to which the Mortgagor is in bankruptcy to the knowledge of the Servicer, or (vi) as to which the related Mortgaged Property was an REO Property; (p) the dollar amount of (i) claims paid by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer and (ii) the claims denied by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer; (q) Prepayment Charges collected for the related Distribution Date; and (r) the Pass-Through Rates for each Class of Offered Certificates.

Trustee Distribution Date Statement. The Trustee shall, not later than the Business Day prior to each Deposit Date, furnish by telecopy to the Servicer, the Depositor and the Seller a statement derived from information on the Servicer Remittance Report that sets forth the following information for the Offered Certificates relating to the next succeeding Distribution Date: (a) the total amount of payments in respect of or allocable to interest on the Mortgage Loans received from the related Mortgagors by the Servicer during such Collection Period (including any net income from REO Properties received during the related Collection Period); (b) the aggregate amount of all Principal Prepayments received from the related Mortgagors by the Servicer during such Collection Period; (c) the aggregate amount of all Principal Payments received from the related Mortgagors by the Servicer during such Collection Period; (d) the total amount of Payments Ahead received during the related Collection Period; (e) the aggregate of any Trust Insurance Proceeds received by the Servicer during such Collection Period; (f) the aggregate of any Net Liquidation Proceeds received by the Servicer during such Collection Period; (g) the total amount of Compensating Interest payments to be paid by the Servicer pursuant to Section 3.08; (h) the aggregate Purchase Prices for (i) any Defective Mortgage Loans that the Seller is required to repurchase on the related Deposit Date pursuant to Section 2.03 or 2.05 and (ii) any Mortgage Loan that the Servicer is required to purchase on the related Deposit Date pursuant to Section 3.01 or 3.06; (i) any amounts required to be deposited by the Seller on the related Deposit Date in connection with the substitution of a Qualified Replacement Mortgage Loan pursuant to Section 2.03 or 2.05; (j) the amount of Monthly Advances to be made by the Servicer pursuant to Section 5.02(a); (k) the related Monthly Servicing Fee attributable to the Mortgage Loans in the related Mortgage Loan GroupFee; (l) the amount of Monthly Advances reimbursable to the Servicer in such Collection Period pursuant to Section 5.02(a) and not previously reimbursed; (m) the amount of any Servicing Advance made by the Servicer pursuant to Section 5.02(b) and not previously reimbursed; (n) the amount of any Interest Shortfall for the related Distribution Date; (o) the number and Principal Balance of Mortgage Loans in each Mortgage Loan Group that, as of the end of the preceding calendar month were (i) 30 or more days contractually delinquent, (ii) 60 or more days contractually delinquent, (iii) 90 or more days contractually delinquent, (iv) in foreclosure, (v) as to which the Mortgagor is in bankruptcy to the knowledge of the Servicer, or (vi) as to which the related Mortgaged Property was an REO Property; (p) the dollar amount of (i) claims paid by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer and (ii) the claims denied by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer; (q) Prepayment Charges collected for the related Distribution Date; and (r) the Pass-Through Rates for each Class of Offered Certificates.

Trustee Distribution Date Statement. The Trustee shall, not later than the Business Day prior to each Deposit Date, furnish by telecopy to the Servicer, the Depositor Servicer and the Seller each Rating Agency a statement derived from information on the Servicer Remittance Report that sets forth for each Mortgage Loan Group and the following information for the related Offered Certificates Certificates, relating to the next succeeding Distribution Date: (a) the total amount of payments in respect of or allocable to interest on the Mortgage Loans received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period (including any net income from REO Properties received during the related Collection Period); (b) the aggregate amount of all Principal Prepayments received from the related Mortgagors by the Servicer during such Collection Period; (c) the aggregate amount of all Principal Payments received or deemed to have been received from the related Mortgagors by the Servicer during such Collection Period; (d) the total amount of Payments Ahead received during the related Collection Period; (e) the aggregate of any Trust Insurance Proceeds received by the Servicer during such Collection Period; (f) the aggregate of any Net Liquidation Proceeds received by the Servicer during such Collection Period; (g) the total amount of Compensating Interest payments to be paid by the Servicer pursuant to Section 3.08; (h) the aggregate Purchase Prices for (i) any Defective Mortgage Loans that the Seller is required to repurchase on the related Deposit Date pursuant to Section 2.03 or 2.05 and (ii) any Mortgage Loan that the Servicer is required to purchase on the related Deposit Date pursuant to Section 3.01 or 3.06; (i) any amounts required to be deposited by the Seller on the related Deposit Date in connection with the substitution of a Qualified Replacement Mortgage Loan pursuant to Section 2.03 or 2.05; (j) the amount of Monthly Advances to be made by the Servicer pursuant to Section 5.02(a); (k) the related Monthly Servicing Fee attributable to the Mortgage Loans in the related Mortgage Loan Group; (l) the amount of Monthly Advances reimbursable to the Servicer in such Collection Period pursuant to Section 5.02(a) and not previously reimbursed; (m) the amount of any Servicing Advance made by the Servicer pursuant to Section 5.02(b) and not previously reimbursed; (n) the amount of any Interest Shortfall for the related Distribution Date;; and (o) the number and Principal Balance of Mortgage Loans in each Mortgage Loan Group that, as of the end of the preceding calendar month related Determination Date were (i) 30 or more days contractually delinquent, (ii) 60 or more days contractually delinquent, (iii) 90 or more days contractually delinquent, (iv) in foreclosure, foreclosure or (v) as to which the Mortgagor is in bankruptcy to the knowledge of the Servicer, or (vi) as to which the related relate Mortgaged Property was an REO Property; (p) the dollar amount of (i) claims paid by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer and (ii) the claims denied by the PMI Insurer under the PMI Policy as of the related Distribution Date as reported by the Servicer; (q) Prepayment Charges collected for the related Distribution Date; and (r) the Pass-Through Rates for each Class of Offered CertificatesREO.