RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.,
Company,
RESIDENTIAL FUNDING CORPORATION,
Master Servicer,
and
BANK ONE, NATIONAL ASSOCIATION,
Trustee
SERIES SUPPLEMENT,
DATED AS OF MAY 1, 2001,
TO
STANDARD TERMS OF
POOLING AND SERVICING AGREEMENT
Dated as of April 1, 2001
Mortgage Pass-Through Certificates
Series 2001-S11
TABLE OF CONTENTS
Page
ARTICLE I
DEFINITIONS
Section 1.01 Definitions............................................................5
Section 1.02 Use of Words and Phrases..............................................20
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans. (See Section 2.01 of the Standard Terms)
.....................................................................21
Section 2.02 Acceptance by Trustee. (See Section 2.02 of the Standard Terms)
.....................................................................21
Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the
Company...............................................................21
Section 2.04 Representations and Warranties of Sellers. (See Section 2.04 of the Standard
Terms)
.....................................................................23
Section 2.05 Execution and Authentication of Certificates..........................23
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account. (See Section 4.01 of the Standard Terms)
.....................................................................26
Section 4.02 Distributions.........................................................26
Section 4.03 Statements to Certificateholders. (See Section 4.03(a) through (d) of the
Standard Terms and Exhibit Three attached hereto).....................36
Section 4.04 Distribution of Reports to the Trustee and the Company; Advances by the
Master Servicer. (See Section 4.04 of the Standard Terms)
.....................................................................36
Section 4.05 Allocation of Realized Losses.........................................36
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property. (See
Section 4.06 of the Standard Terms)
.....................................................................37
Section 4.07 Optional Purchase of Defaulted Mortgage Loans. (See Section 4.07 of the
Standard Terms)
.....................................................................37
Section 4.08 Surety Bond. (See Section 4.08 of the Standard Terms)
.....................................................................37
Section 4.09 Distributions on the Uncertificated REMIC I Regular Interests.........37
Section 4.10 Distributions on the Uncertificated Class A-V REMIC Regular Interests
.....................................................................38
ARTICLE V
THE CERTIFICATES
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
ARTICLE VII
DEFAULT
ARTICLE VIII
CONCERNING THE TRUSTEE
ARTICLE IX
TERMINATION
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration. (See Section 10.01 of the Standard Terms)......45
Section 10.02 Master Servicer; REMIC Administrator and Trustee Indemnification. (See
Section 10.02 of the Standard Terms).................................45
Section 10.03 Designation of REMIC(s)...............................................45
Section 10.04 [Reserved]............................................................45
Section 10.05 Compliance with Withholding Requirements..............................45
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment. (See Section 11.01 of the Standard Terms)
.....................................................................46
Section 11.02 Recordation of Agreement. Counterparts. (See Section 11.02 of the Standard
Terms)
.....................................................................46
Section 11.03 Limitation on Rights of Certificateholders. (See Section 11.03 of the
Standard Terms)
.....................................................................46
Section 11.04 Governing Laws. (See Section 11.04 of the Standard Terms)
.....................................................................46
Section 11.05 Notices...............................................................46
Section 11.06 Required Notices to Rating Agency and Subservicer. (See Section 11.06 of
the Standard Terms)
.....................................................................47
Section 11.07 Severability of Provisions. (See Section 11.07 of the Standard Terms)
.....................................................................47
Section 11.08 Supplemental Provisions for Resecuritization. (See Section 11.08 of the
Standard Terms)
.....................................................................47
Section 11.09 Allocation of Voting Rights...........................................47
ARTICLE XII
[RESERVED]
EXHIBITS
Exhibit One: Mortgage Loan Schedule
Exhibit Two: Schedule of Discount Fractions
Exhibit Three: Information to be Included in
Monthly Distribution Date Statement
Exhibit Four: Standard Terms of Pooling and Servicing
Agreement dated as of April 1, 2001
Exhibit Five: Aggregate Planned Principal Balances
Exhibit Six: Aggregate Targeted Principal Balances
This is a Series Supplement, dated as of May 1, 2001 (the "Series
Supplement"), to the Standard Terms of Pooling and Servicing Agreement, dated as
of April 1, 2001 and attached as Exhibit Four hereto (the "Standard Terms" and,
together with this Series Supplement, the "Pooling and Servicing Agreement" or
"Agreement"), among RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC., as the
company (together with its permitted successors and assigns, the "Company"),
RESIDENTIAL FUNDING CORPORATION, as master servicer (together with its permitted
successors and assigns, the "Master Servicer"), and BANK ONE, NATIONAL
ASSOCIATION, as Trustee (together with its permitted successors and assigns, the
"Trustee").
PRELIMINARY STATEMENT
The Company intends to sell Mortgage Pass-Through Certificates
(collectively, the "Certificates"), to be issued hereunder in multiple classes,
which in the aggregate will evidence the entire beneficial ownership interest in
the Trust Fund. As provided herein, the REMIC Administrator will make an
election to treat the entire segregated pool of assets described in the
definition of REMIC I (as defined herein), and subject to this Agreement
(including the Mortgage Loans but excluding the Initial Monthly Payment Fund),
as a real estate mortgage investment conduit (a "REMIC") for federal income tax
purposes and such segregated pool of assets will be designated as the "REMIC I."
The Uncertificated REMIC I Regular Interests will be "regular interests" in
REMIC I and the Class R-I Certificates will be the sole class of "residual
interests" in REMIC I for purposes of the REMIC Provisions (as defined herein).
A segregated pool of assets consisting of the Uncertificated REMIC I Regular
Interests will be designated as "REMIC II," and the REMIC Administrator will
make a separate REMIC election with respect thereto. The Class A-1 Certificates,
Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class
A-5 Certificates, Class A-6 Certificates, Class A-7 Certificates, Class A-P
Certificates, Class M-1 Certificates, Class M-2 Certificates, Class M-3
Certificates, Class B-1 Certificates, Class B-2 Certificates, Class B-3
Certificates and the Uncertificated Class A-V REMIC Regular Interests will be
"regular interests" in REMIC II and the Class R-II Certificates will be the sole
class of "residual interests" therein for purposes of the REMIC Provisions. The
Class A-V Certificates will represent the entire beneficial ownership interest
in the Uncertificated Class A-V REMIC Regular Interests.
The terms and provisions of the Standard Terms are hereby incorporated
by reference herein as though set forth in full herein. If any term or provision
contained herein shall conflict with or be inconsistent with any provision
contained in the Standard Terms, the terms and provisions of this Series
Supplement shall govern. Any cross-reference to a section of the Pooling and
Servicing Agreement, to the extent the terms of the Standard Terms and Series
Supplement conflict with respect to that section, shall be a cross-reference to
the related section of the Series Supplement. All capitalized terms not
otherwise defined herein shall have the meanings set forth in the Standard
Terms. The Pooling and Servicing Agreement shall be dated as of the date of the
Series Supplement.
The following table irrevocably sets forth the designation, the
Uncertificated REMIC I Pass- Through Rate, the initial Uncertificated Principal
Balance, and solely for purposes of satisfying Treasury regulation Section
1.860G-1(a)(4)(iii), the "latest possible maturity date" for each of the
Uncertificated REMIC I Regular Interests. None of the Uncertificated REMIC I
Regular Interests will be certificated.
-1-
Uncertificated
REMIC I Pass- Initial Uncertificated Latest
Designation Through Rate Principal Balance Possible Maturity(1)
----------- ------------ ------------------------ --------------------
Uncertificated REMIC I 6.75% $84,727,000.00 May 25, 2031
Regular Interest R
Uncertificated REMIC I 6.75% $13,107,000.00 May 25, 2031
Regular Interest S
Uncertificated REMIC I 6.75% $88,918,595.00 May 25, 2031
Regular Interest T
Uncertificated REMIC I 6.75% $86,272,000.00 May 25, 2031
Regular Interest V
Uncertificated REMIC I 0.00% $ 2,022,405.00 May 25, 2031
Regular Interest W
Uncertificated REMIC I 6.75% $ 9,256,275.40 May 25, 2031
Regular Interest X
Uncertificated REMIC I 0% $ 482,602.33 May 25, 2031
Regular Interest Y
Uncertificated REMIC I Variable (2) N/A(3) May 25, 2031
IO Regular Interests
-------------------
(1) Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
regulations, the Distribution Date immediately following the maturity date
for the Mortgage Loan with the latest maturity date has been designated as
the "latest possible maturity date" for each REMIC I Regular Interest.
(2) Calculated in accordance with the definition of "Uncertificated
Pass-Through Rate" herein
(3) The Uncertificated REMIC I IO Regular Interests have no Uncertificated
Principal Balance.
-2-
The following table sets forth the designation, type, Pass-Through Rate,
aggregate Initial Certificate Principal Balance, Maturity Date, initial ratings
and certain features for each Class of Certificates comprising the interests in
the Trust Fund created hereunder.
Aggregate
Initial
Certificate
Pass-Through Principal Maturity S&P/ Minimum
DESIGNATION Rate Balance Features1 Date Fitch Denominations2
Class A-1 6.00% $ 84,727,000.00 Senior/PAC May 25, 2031 AAA/AAA $25,000
Class A-2 6.25% $ 13,107,000.00 Senior/PAC May 25, 2031 AAA/AAA $25,000
Class A-3 6.75% $ 27,095,000.00 Senior/PAC May 25, 2031 AAA/AAA $25,000
$ 86,272,000.00 Senior/TAC/
Class A-4 6.35% Accretion Directed May 25, 2031 AAA/AAA $25,000
Senior/Accrual/
Class A-5 6.75% $ 12,412,595.00 Companion May 25, 2031 AAA/AAA $25,000
Senior/Principal
Class A-6 0.00% $ 2,022,405.00 Only May 25, 2031 AAA/AAA $25,000
Class A-7 see below $ 49,411,000.00 Senior/Component May 25, 2031 AAA/AAA $25,000
Senior/Principal
Class A-P 0.00% $ 482,602.33 Only May 25, 2031 AAA/AAA $25,000
Senior/Variable
Class A-V Variable Rate $ Strip May 25, 2031 AAA/AAA 20%
Class R-I 6.75% $ Senior/Residual May 25, 2031 AAA/AAA 20%
Class R-II 6.75% $ Senior/Residual May 25, 2031 AAA/AAA 20%
Class M-1 6.75% $ 3,987,600.00 Mezzanine May 25, 2031 NA/AA $25,000
Class M-2 6.75% $ 2,135,900.00 Mezzanine May 25, 2031 NA/A $250,000
Class M-3 6.75% $ 1,281,500.00 Mezzanine May 25, 2031 NA/BBB $250,000
Class B-1 6.75% $ 712,000.00 Subordinate May 25, 2031 NA/BB $250,000
Class B-2 6.75% $ 569,600.00 Subordinate May 25, 2031 NA/B $250,000
Class B-3 6.75% $ 569,575.40 Subordinate May 25, 2031 NA $250,000
____________________-
1 The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class
A-7 and Class M Certificates shall be Book-Entry Certificates. The Class
A-P, Class A-V, Class R and Class B Certificates shall be delivered to the
holders thereof in physical form.
2 The Certificates, other than the Class A-V and Class R Certificates, shall
be issuable in minimum dollar denominations as indicated above (by
Certificate Principal Balance or Notional Amount, as applicable) and
integral multiples of $1 (or $1,000 in the case of the Class A-P, Class
B-1, Class B-2 and Class B-3 Certificates) in excess thereof, except that
one Certificate of any of the Class A-P and Class B Certificates that
contains an uneven multiple of $1,000 shall be issued in a denomination
equal to the sum of the related minimum denomination set forth above and
such uneven multiple for such Class or the sum of such denomination and an
integral multiple of $1,000. The Class R Certificates and Class A-V
Certificates shall be issuable in minimum denominations of not less than a
20% Percentage Interest; provided, however, that one Class R Certificate
will be issuable to Residential Funding as "tax matters person" pursuant to
Section 10.01(c) and (e) in a minimum denomination representing a
Percentage Interest of not less than 0.01%.
-3-
The Class A-7 Certificates are comprised of five components, each having
the following designations, Pass-Through Rates, initial principal or notional
amounts and features:
INITIAL COMPONENT
PRINCIPAL BALANCE PASS-THROUGH RATE DESIGNATIONS
------------------ ---------------- ------------------------------------
Class A-7-1 Component$ 9,414,111.11*(1) 6.75%(1) Senior/Interest Only
Class A-7-2 Component$ 970,888.89*(2) 6.75%(2) Senior/Interest Only
Class A-7-3 Component$ 2,007,534.38*(3) 6.80%(3) Senior/Interest Only
Class A-7-4 Component$ 5,112,414.81*(4) 6.75%(4) Senior/Interest Only
Class A-7-5 Component$ 49,411,000.00 6.75% Senior/TAC/Accretion Directed/Accrual
*Initial notional amount.
(1)For federal income tax purposes, Accrued Certificate Interest on the Class
A-7-1 Component will be calculated as the product of a Pass-Through Rate equal
to 0.75% and a Notional Amount equal to the Uncertificated Principal Balance of
Uncertificated REMIC I Regular Interest R.
(2)For federal income tax purposes, Accrued Certificate Interest on the Class
A-7-2 Component will be calculated as the product of a Pass-Through Rate equal
to 0.50% and a Notional Amount equal to the Uncertificated Principal Balance of
Uncertificated REMIC I Regular Interest S.
(3)For federal income tax purposes, Accrued Certificate Interest on the Class
A-7-3 Component will be calculated as the product of a Pass-Through Rate equal
to 6.75% and a Notional Amount equal to the Uncertificated Principal Balance of
Uncertificated REMIC I Regular Interest W.
(4)For federal income tax purposes, Accrued Certificate Interest on the Class
A-7-4 Component will be calculated as the product of a Pass-Through Rate equal
to 0.40% and a Notional Amount equal to the Uncertificated Principal Balance of
Uncertificated REMIC I Regular Interest V.
The Components of the Class A-7 Certificates are not separately
transferable.
The Mortgage Loans have an aggregate principal balance as of the Cut-off
Date of $284,785,977.73.
In consideration of the mutual agreements herein contained, the Company,
the Master Servicer and the Trustee agree as follows:
-4-
ARTICLE I
DEFINITIONS
Section 1.01 Definitions.
Whenever used in this Agreement, the following words and phrases, unless
the context otherwise requires, shall have the meanings specified in this
Article.
Accretion Directed TAC Certificates: Any one of the Class A-4 Certificates
or Class A-7 Certificates (to the extent of the Class A-7-5 Component).
Accretion Termination Date: Any of the Class A-5 Accretion Termination Date
or Class A- 7-5 Accretion Termination Date.
Accrual Certificates: Any one of the Class A-5 Certificates or Class A-7
Certificates (to the extent of the Class A-7-5 Component).
Accrual Distribution Amount: Any of the Class A-5 Accrual Distribution
Amount or Class A-7-5 Accrual Distribution Amount.
Accrued Certificate Interest: With respect to each Distribution Date,
(a) in the case of each Class of Certificates (other than the Class A-7
Certificates, to the extent of the Class A-7-1 Component, Class A-7-2 Component,
Class A-7-3 Component and Class A-7-4 Component, Variable Strip Certificates and
Principal Only Certificates), interest accrued during the related Interest
Accrual Period on the Certificate Principal Balance (or with respect to the
Class A-7 Certificates, to the extent of the Class A-7-5 Component, the amount
thereof), of the Certificates of that Class immediately prior to such
Distribution Date at the related Pass-Through Rate and (b) as to the Class A-7
Certificates, to the extent of the Class A-7-1 Component, Class A-7-2 Component,
Class A-7-3 Component and Class A-7-4 Component and the Variable Strip
Certificates, interest accrued during the related Interest Accrual Period at the
related Pass-Through Rate on the Notional Amount thereof immediately prior to
such Distribution Date. Accrued Certificate Interest will be calculated on the
basis of a 360-day year, consisting of twelve 30-day months. In each case
Accrued Certificate Interest on any Class or Subclass of Certificates will be
reduced by the amount of:
(i) Prepayment Interest Shortfalls on all Mortgage Loans (to the
extent not offset by the Master Servicer with a payment of
Compensating Interest as provided in Section 4.01),
(ii) the interest portion (adjusted to the Net Mortgage Rate (or the
Modified Net Mortgage Rate in the case of a Modified Mortgage
Loan)) of Realized Losses on all Mortgage Loans (including Excess
Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy
Losses and Extraordinary Losses) not allocated solely to one or
more specific Classes of Certificates pursuant to Section 4.05,
-5-
(iii) the interest portion of Advances that were (A) previously made
with respect to a Mortgage Loan or REO Property on all Mortgage
Loans which remained unreimbursed following the Cash Liquidation
or REO Disposition of such Mortgage Loan or REO Property or (B)
made with respect to delinquencies that were ultimately
determined to be Excess Special Hazard Losses, Excess Fraud
Losses, Excess Bankruptcy Losses or Extraordinary Losses, and
(iv) any other interest shortfalls not covered by the subordination
provided by the Class M Certificates and Class B Certificates,
including interest that is not collectible from the Mortgagor
pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940,
as amended, or similar legislation or regulations as in effect
from time to time,
with all such reductions allocated among all of the Certificates in proportion
to their respective amounts of Accrued Certificate Interest payable on such
Distribution Date absent such reductions, with the remainder of such reductions
allocated among the holders of the Class M Certificates and Class B Certificates
in proportion to their respective amounts of Accrued Certificate Interest
payable on such Distribution Date absent such reductions. In addition to that
portion of the reductions described in the preceding sentence that are allocated
to any Class of Class B Certificates or any Class of Class M Certificates,
Accrued Certificate Interest on such Class of Class B Certificates or such Class
of Class M Certificates will be reduced by the interest portion (adjusted to the
Net Mortgage Rate) of Realized Losses that are allocated solely to such Class of
Class B Certificates or such Class of Class M Certificates pursuant to Section
4.05.
Aggregate Planned Principal Balance: With respect to the PAC
Certificates and each Distribution Date, the amount set forth for such Classes
on such Distribution Date on Exhibit Five hereto.
Aggregate Targeted Principal Balance: With respect to the Accretion
Directed TAC Certificates and each Distribution Date, the amount set forth for
such Classes on such Distribution Date on Exhibit Six hereto.
Bankruptcy Amount: As of any date of determination prior to the first
anniversary of the Cut-off Date, an amount equal to the excess, if any, of (A)
$100,000 over (B) the aggregate amount of Bankruptcy Losses allocated solely to
one or more specific Classes of Certificates in accordance with Section 4.05 of
this Series Supplement. As of any date of determination on or after the first
anniversary of the Cut-off Date, an amount equal to the excess, if any, of
(1) the lesser of (a) the Bankruptcy Amount calculated as of the
close of business on the Business Day immediately preceding the most
recent anniversary of the Cut-off Date coinciding with or preceding such
date of determination (or, if such date of determination is an
anniversary of the Cut-off Date, the Business Day immediately preceding
such date of determination) (for purposes of this definition, the
"Relevant Anniversary") and (b) the greater of
(A) the greater of (i) 0.0006 times the aggregate
principal balance of all the Mortgage Loans in the Mortgage Pool
as of the Relevant Anniversary (other than
-6-
Additional Collateral Loans, if any) having a Loan-to-Value Ratio
at origination which exceeds 75% and (ii) $100,000; and
(B) the greater of (i) the product of (x) an amount equal
to the largest difference in the related Monthly Payment for any
Non-Primary Residence Loan remaining in the Mortgage Pool (other
than Additional Collateral Loans, if any) which had an original
Loan-to-Value Ratio of 80% or greater that would result if the
Net Mortgage Rate thereof was equal to the weighted average
(based on the principal balance of the Mortgage Loans as of the
Relevant Anniversary) of the Net Mortgage Rates of all Mortgage
Loans as of the Relevant Anniversary less 1.25% per annum, (y) a
number equal to the weighted average remaining term to maturity,
in months, of all Non-Primary Residence Loans remaining in the
Mortgage Pool as of the Relevant Anniversary, and (z) one plus
the quotient of the number of all Non-Primary Residence Loans
remaining in the Mortgage Pool divided by the total number of
Outstanding Mortgage Loans in the Mortgage Pool as of the
Relevant Anniversary, and (ii) $50,000, over (2) the aggregate
amount of Bankruptcy Losses allocated solely to one or more
specific Classes of Certificates in accordance with Section 4.05
since the Relevant Anniversary.
The Bankruptcy Amount may be further reduced by the Master Servicer
(including accelerating the manner in which such coverage is reduced) provided
that prior to any such reduction, the Master Servicer shall (i) obtain written
confirmation from each Rating Agency that such reduction shall not reduce the
rating assigned to any Class of Certificates by such Rating Agency below the
lower of the then-current rating or the rating assigned to such Certificates as
of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
Certificate: Any Class A, Class M, Class B or Class R Certificate.
Certificate Account: The separate account or accounts created and
maintained pursuant to Section 4.01 of the Standard Terms, which shall be
entitled "Bank One, National Association, as trustee, in trust for the
registered holders of Residential Funding Mortgage Securities I, Inc., Mortgage
Pass-Through Certificates, Series 2001-S11" and which must be an Eligible
Account.
Class A Certificate: Any one of the Class A-1, Class A-2, Class A-3,
Class A-4, Class A-5, Class A-6, Class A-7, Class A-P or Class A-V Certificates,
executed by the Trustee and authenticated by the Certificate Registrar
substantially in the form annexed to the Standard Terms as Exhibit A.
Class A-5 Accretion Termination Date: The earlier to occur of (i) the
Distribution Date on which the amount of the Class A-7-5 Component has been
reduced to zero and (ii) the Credit Support Depletion Date.
Class A-7-5 Accretion Termination Date: The earlier to occur of (i) the
Distribution Date on which the Certificate Principal Balance of the Class A-4
Certificates has been reduced to zero and (ii) the Credit Support Depletion
Date.
-7-
Class A-5 Accrual Distribution Amount: With respect to each Distribution
Date prior to the Class A-5 Accretion Termination Date, an amount equal to the
aggregate amount of Accrued Certificate Interest on the Class A-5 Certificates,
for such date, to the extent added to the amount thereof pursuant to Section
4.02(f); provided that, with respect to each Distribution Date on or after the
Class A-5 Accretion Termination Date, the Accrued Certificate Interest on the
Class A-5 Certificates for such date remaining after reduction of the amount of
the Class A-7-5 Component to zero will be payable to the Class A-5
Certificateholders pursuant to Section 4.02(a)(i) hereof on the Class A-5
Accretion Termination Date; and provided further, that if the Class A-5
Accretion Termination Date is the Credit Support Depletion Date, the entire
amount of Accrued Certificate Interest for that date will be payable to the
Class A-5 Certificateholders pursuant to Section 4.02(a)(i) hereof.
Class A-7-5 Accrual Distribution Amount: With respect to each
Distribution Date prior to the Class A-7-5 Accretion Termination Date, an amount
equal to the aggregate amount of Accrued Certificate Interest on the Class A-7
Certificates, to the extent of the Class A-7-5 Component, for such date, to the
extent added to the amount thereof pursuant to Section 4.02(e); provided that,
with respect to each Distribution Date on or after the Class A-7-5 Accretion
Termination Date, the Accrued Certificate Interest on the Class A-7
Certificates, to the extent of the Class A-7-5 Component, for such date
remaining after reduction of the Certificate Principal Balance of the Class A-4
Certificates to zero will be payable to the Class A-7 Certificateholders
pursuant to Section 4.02(a)(i) hereof on the Class A-7-5 Accretion Termination
Date; and provided further, that if the Class A-7-5 Accretion Termination Date
is the Credit Support Depletion Date, the entire amount of Accrued Certificate
Interest for that date will be payable to the Class A-7 Certificateholders
pursuant to Section 4.02(a)(i) hereof.
Class R Certificate: Any one of the Class R-I Certificates or Class R-II
Certificates executed by the Trustee and authenticated by the Certificate
Registrar substantially in the form annexed to the Standard Terms as Exhibit D
and evidencing an interest designated as a "residual interest" in the REMIC for
purposes of the REMIC Provisions.
Closing Date: May 30, 2001.
Corporate Trust Office: The principal office of the Trustee at which at
any particular time its corporate trust business with respect to this Agreement
shall be administered, which office at the date of the execution of this
instrument is located at 0 Xxxx Xxx Xxxxx, Xxxxx XX0-0000, Xxxxxxx, Xxxxxxxx
00000-0126, Attention: Residential Funding Corporation Series 2001-S11.
Corresponding Certificated Interests: With respect to Uncertificated
REMIC I Regular Interest R, the Class A-1 Certificates; with respect to
Uncertificated REMIC I Regular Interest S, the Class A-2 Certificates; with
respect to Uncertificated REMIC I Regular Interest T, the Class A-3
Certificates, Class A-5 Certificates and the Class A-7-5 Component; with respect
to Uncertificated REMIC I Regular Interest V, the Class A-4 Certificates; with
respect to Uncertificated REMIC I Regular Interest W, the Class A-6
Certificates; with respect to Uncertificated REMIC I Regular Interest X, the
Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates, Class
B-1 Certificates, Class B-2 Certificates, Class B-3 Certificates and Class R-II
Certificates; with respect
-8-
to Uncertificated REMIC I Regular Interest Y, the Class A-P Certificates; and
with respect to the Uncertificated REMIC I IO Regular Interests, the Class A-V
Certificates.
Cut-off Date: May 1, 2001.
Determination Date: With respect to any Distribution Date, the second
Business Day prior to each Distribution Date.
Discount Net Mortgage Rate: 6.75% per annum.
Due Period: With respect to each Distribution Date and any Mortgage
Loan, the period commencing on the second day of the month prior to the month in
which such Distribution Date occurs and ending on the first day of the month in
which such Distribution Date occurs.
Eligible Funds: On any Distribution Date, the portion, if any, of the
Available Distribution Amount remaining after reduction by the sum of (i) the
aggregate amount of Accrued Certificate Interest on the Senior Certificates,
(ii) the Senior Principal Distribution Amount (determined without regard to
Section 4.02(a)(ii)(Y)(D) of this Series Supplement), (iii) the Class A-P
Principal Distribution Amount (determined without regard to Section
4.02(b)(i)(E) of this Series Supplement) and (iv) the aggregate amount of
Accrued Certificate Interest on the Class M, Class B-1 and Class B-2
Certificates.
Fraud Loss Amount: As of any date of determination after the Cut-off
Date, an amount equal to: (X) prior to the third anniversary of the Cut-off
Date, an amount equal to 1.00% of the aggregate outstanding principal balance of
all of the Mortgage Loans as of the Cut-off Date minus the aggregate amount of
Fraud Losses allocated solely to one or more specific Classes of Certificates in
accordance with Section 4.05 of this Series Supplement since the Cut-off Date up
to such date of determination and (Y) from the third to the fifth anniversary of
the Cut-off Date, an amount equal to (1) the lesser of (a) the Fraud Loss Amount
as of the most recent anniversary of the Cut-off Date and (b) 0.50% of the
aggregate outstanding principal balance of all of the Mortgage Loans as of the
most recent anniversary of the Cut-off Date minus (2) the aggregate amount of
Fraud Losses allocated solely to one or more specific Classes of Certificates in
accordance with Section 4.05 of this Series Supplement since the most recent
anniversary of the Cut-off Date up to such date of determination. On and after
the fifth anniversary of the Cut-off Date, the Fraud Loss Amount shall be zero.
The Fraud Loss Amount may be further reduced by the Master Servicer
(including accelerating the manner in which such coverage is reduced) provided
that prior to any such reduction, the Master Servicer shall (i) obtain written
confirmation from each Rating Agency that such reduction shall not reduce the
rating assigned to any Class of Certificates by such Rating Agency below the
lower of the then-current rating or the rating assigned to such Certificates as
of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
-9-
Indirect Depository Participant: An institution that is not a Depository
Participant but clears through or maintains a custodial relationship with
Participants and has access to the Depository's clearing system.
Initial Monthly Payment Fund: $87,614, representing scheduled principal
amortization and interest at the Net Mortgage Rate during the Due Period ending
in May 2001, for those Mortgage Loans for which the Trustee will not be entitled
to receive such payment in accordance with the definition of "Trust Fund".
Initial Notional Amount: With respect to the Class A-7-1 Component,
$9,414,111.11. With respect to the Class A-7-2 Component, $970,888.89. With
respect to the Class A-7-3 Component, $2,007,534.38. With respect to the Class
A-7-4 Component, $5,112,414.81. With respect to any Class A-V Certificates or
Subclass thereof issued pursuant to Section 5.01(c), the aggregate Cut-off Date
Principal Balance of the Mortgage Loans corresponding to the Uncertificated
Class A-V REMIC Regular Interests represented by such Class or Subclass on such
date.
Initial Subordinate Class Percentage: With respect to each Class of
Subordinate Certificates, an amount which is equal to the initial aggregate
Certificate Principal Balance of such Class of Subordinate Certificates divided
by the aggregate Stated Principal Balance of all the Mortgage Loans as of the
Cut-off Date as follows:
Class M-1: 1.40% Class B-1: 0.25%
Class M-2: 0.75% Class B-2: 0.20%
Class M-3: 0.45% Class B-3: 0.20%
Interest Accrual Period: With respect to any Certificates and any
Distribution Date, the calendar month preceding the month in which such
Distribution Date occurs.
Interest Only Certificates: Any one of Class A-7 Certificates, to the
extent of the Class A-7-1 Component, Class A-7-2 Component, Class A-7-3
Component and Class A-7-4 Component, or Class A-V Certificates. The Interest
Only Certificates will have no Certificate Principal Balance.
Maturity Date: With respect to each Class of Certificates, May 25, 2031,
the Distribution Date immediately following the latest scheduled maturity date
of any Mortgage Loan.
Mortgage Loan Schedule: The list or lists of the Mortgage Loans attached
hereto as Exhibit One (as amended from time to time to reflect the addition of
Qualified Substitute Mortgage Loans), which list or lists shall set forth the
following information as to each Mortgage Loan:
(a) the Mortgage Loan identifying number ("RFC LOAN #");
(b) the maturity of the Mortgage Note ("MATURITY DATE");
(c) the Mortgage Rate ("ORIG RATE");
(d) the Subservicer pass-through rate ("CURR NET");
(e) the Net Mortgage Rate ("NET MTG RT");
(f) the Pool Strip Rate ("STRIP");
(g) the initial scheduled monthly payment of principal, if any, and
interest ("ORIGINAL P & I");
-10-
(h) the Cut-off Date Principal Balance ("PRINCIPAL BAL");
(i) the Loan-to-Value Ratio at origination ("LTV");
(j) the rate at which the Subservicing Fee accrues ("SUBSERV FEE")
and at which the Servicing Fee accrues ("MSTR SERV FEE");
(k) a code "T," "BT" or "CT" under the column "LN FEATURE,"
indicating that the Mortgage Loan is secured by a second or
vacation residence; and
(l) a code "N" under the column "OCCP CODE," indicating that the
Mortgage Loan is secured by a non-owner occupied residence.
Such schedule may consist of multiple reports that collectively set forth all of
the information required.
Notional Amount: As of any Distribution Date, with respect to the Class
A-7-1 Component, an amount equal to 1/9 multiplied by the Certificate Principal
Balance of the Class A-1 Certificates immediately prior to that date. As of the
Closing Date, the Notional Amount of the Class A-7-1 Component is equal to
approximately $9,414,111. However, for federal income tax purposes, the Notional
Amount of the Class A-7-1 Component will be the Uncertificated Principal Balance
of Uncertificated REMIC I Regular Interest R, and when a Notional Amount equal
to Uncertificated REMIC I Regular Interest R is multiplied by a Pass-Through
Rate of 0.75%, the resulting Accrued Certificate Interest will be the economic
equivalent of the Accrued Certificate Interest resulting under the definition
thereof. As of any Distribution Date, with respect to the Class A-7-2 Component,
an amount equal to 2/27 multiplied by the Certificate Principal Balance of the
Class A-2 Certificates immediately prior to that date. As of the Closing Date,
the Notional Amount of the Class A-7-2 Component is equal to approximately
$970,889. However, for federal income tax purposes, the Notional Amount of the
Class A-7-2 Component will be the Uncertificated Principal Balance of
Uncertificated REMIC I Regular Interest S, and when a Notional Amount equal to
Uncertificated REMIC I Regular Interest S is multiplied by a Pass-Through Rate
of 0.50%, the resulting Accrued Certificate Interest will be the economic
equivalent of the Accrued Certificate Interest resulting under the definition
thereof. As of any Distribution Date, with respect to the Class A-7-3 Component,
an amount equal to 135/136 multiplied by the Certificate Principal Balance of
the Class A-6 Certificates immediately prior to that date. As of the Closing
Date, the Notional Amount of the Class A-7-3 Component is equal to approximately
$2,007,534. However, for federal income tax purposes, the Notional Amount of the
Class A-7-3 Component will be the Uncertificated Principal Balance of
Uncertificated REMIC I Regular Interest W, and when a Notional Amount equal to
Uncertificated REMIC I Regular Interest W is multiplied by a Pass-Through Rate
of 6.75%, the resulting Accrued Certificate Interest will be the economic
equivalent of the Accrued Certificate Interest resulting under the definition
thereof. As of any Distribution Date, with respect to the Class A-7-4 Component,
an amount equal to 8/135 multiplied by the Certificate Principal Balance of the
Class A-4 Certificates immediately prior to that date. As of the Closing Date,
the Notional Amount of the Class A-7-4 Component is equal to approximately
$5,112,415. However, for federal income tax purposes, the Notional Amount of the
Class A-7-4 Component will be the Uncertificated Principal Balance of
Uncertificated REMIC I Regular Interest V, and when a Notional Amount equal to
Uncertificated REMIC I Regular Interest V is multiplied by a Pass-Through Rate
of 0.40%, the resulting Accrued Certificate Interest will be the economic
equivalent of the Accrued Certificate Interest resulting under the definition
thereof. As of any Distribution Date, with respect to any Class A-V Certificates
or Subclass thereof issued pursuant to Section 5.01(c), the aggregate Stated
-11-
Principal Balance of the Mortgage Loans corresponding to the Uncertificated
Class A-V REMIC Regular Interests represented by such Class or Subclass as of
the day immediately preceding such Distribution Date (or, with respect to the
initial Distribution Date, at the close of business on the Cut- off Date).
Pass-Through Rate: With respect to the Class A Certificates (other than
the Class A-V and Principal Only Certificates), Class M Certificates, Class B
Certificates and Class R Certificates and any Distribution Date, the per annum
rates set forth in the Preliminary Statement hereto. However, for federal income
tax purposes, the Pass-Through Rate of the Class A-7-1 Component will be 0.75%,
and when such Pass-Through Rate is multiplied by a Notional Amount equal to the
Uncertificated Principal Balance of Uncertificated REMIC I Regular Interest R,
the resulting Accrued Certificate Interest will be the economic equivalent of
the Accrued Certificate Interest resulting under the definition thereof. In
addition, for federal income tax purposes, the Pass-Through Rate of the Class
A-7-2 Component will be 0.50%, and when such Pass-Through Rate is multiplied by
a Notional Amount equal to the Uncertificated Principal Balance of
Uncertificated REMIC I Regular Interest S, the resulting Accrued Certificate
Interest will be the economic equivalent of the Accrued Certificate Interest
resulting under the definition thereof. In addition, for federal income tax
purposes, the Pass-Through Rate of the Class A-7-3 Component will be 6.75%, and
when such Pass- Through Rate is multiplied by a Notional Amount equal to the
Uncertificated Principal Balance of Uncertificated REMIC I Regular Interest W,
the resulting Accrued Certificate Interest will be the economic equivalent of
the Accrued Certificate Interest resulting under the definition thereof. In
addition, for federal income tax purposes, the Pass-Through Rate of the Class
A-7-4 Component will be 0.40%, and when such Pass-Through Rate is multiplied by
a Notional Amount equal to the Uncertificated Principal Balance of
Uncertificated REMIC I Regular Interest V, the resulting Accrued Certificate
Interest will be the economic equivalent of the Accrued Certificate Interest
resulting under the definition thereof. With respect to the Class A-V
Certificates (other than any Subclass thereof) and any Distribution Date, a rate
equal to the weighted average, expressed as a percentage, of the Pool Strip
Rates of all Mortgage Loans as of the Due Date in the related Due Period,
weighted on the basis of the respective Stated Principal Balances of such
Mortgage Loans as of the day immediately preceding such Distribution Date (or,
with respect to the initial Distribution Date, at the close of business on the
Cut-off Date). With respect to the Class A-V Certificates and the initial
Distribution Date the Pass-Through Rate is equal to 0.3476% per annum. With
respect to any Subclass of Class A-V Certificates and any Distribution Date, a
rate equal to the weighted average, expressed as a percentage, of the Pool Strip
Rates of all Mortgage Loans corresponding to the Uncertificated Class A-V REMIC
Regular Interests represented by such Subclass as of the Due Date in the related
Due Period, weighted on the basis of the respective Stated Principal Balances of
such Mortgage Loans as of the day immediately preceding such Distribution Date
(or with respect to the initial Distribution Date, at the close of business on
the Cut-off Date). The Principal Only Certificates have no Pass-Through Rate and
are not entitled to Accrued Certificate Interest.
Prepayment Assumption: A prepayment assumption of 275% of the prepayment
speed assumption, used for determining the accrual of original issue discount
and market discount and premium on the Certificates for federal income tax
purposes. The prepayment speed assumption assumes a constant rate of prepayment
of mortgage loans of 0.2% per annum of the then outstanding
-12-
principal balance of such mortgage loans in the first month of the life of the
mortgage loans, increasing by an additional 0.2% per annum in each succeeding
month until the thirtieth month, and a constant 6% per annum rate of prepayment
thereafter for the life of the mortgage loans.
Prepayment Distribution Percentage: With respect to any Distribution
Date and each Class of Subordinate Certificates, under the applicable
circumstances set forth below, the respective percentages set forth below:
(i) For any Distribution Date prior to the Distribution Date in
May 2006 (unless the Certificate Principal Balances of the Senior
Certificates (other than the Class A-P Certificates) have been reduced
to zero), 0%.
(ii) For any Distribution Date for which clause (i) above does
not apply, and on which any Class of Subordinate Certificates are
outstanding:
(a) in the case of the Class of Subordinate Certificates
then outstanding with the Highest Priority and each other Class
of Subordinate Certificates for which the related Prepayment
Distribution Trigger has been satisfied, a fraction, expressed as
a percentage, the numerator of which is the Certificate Principal
Balance of such Class immediately prior to such date and the
denominator of which is the sum of the Certificate Principal
Balances immediately prior to such date of (1) the Class of
Subordinate Certificates then outstanding with the Highest
Priority and (2) all other Classes of Subordinate Certificates
for which the respective Prepayment Distribution Triggers have
been satisfied; and
(b) in the case of each other Class of Subordinate
Certificates for which the Prepayment Distribution Triggers have
not been satisfied, 0%; and
(iii) Notwithstanding the foregoing, if the application of the
foregoing percentages on any Distribution Date as provided in Section
4.02 of this Series Supplement (determined without regard to the proviso
to the definition of "Subordinate Principal Distribution Amount") would
result in a distribution in respect of principal of any Class or Classes
of Subordinate Certificates in an amount greater than the remaining
Certificate Principal Balance thereof (any such class, a "Maturing
Class"), then: (a) the Prepayment Distribution Percentage of each
Maturing Class shall be reduced to a level that, when applied as
described above, would exactly reduce the Certificate Principal Balance
of such Class to zero; (b) the Prepayment Distribution Percentage of
each other Class of Subordinate Certificates (any such Class, a
"Non-Maturing Class") shall be recalculated in accordance with the
provisions in paragraph (ii) above, as if the Certificate Principal
Balance of each Maturing Class had been reduced to zero (such percentage
as recalculated, the "Recalculated Percentage"); (c) the total amount of
the reductions in the Prepayment Distribution Percentages of the
Maturing Class or Classes pursuant to clause (a) of this sentence,
expressed as an aggregate percentage, shall be allocated among the
Non-Maturing Classes in proportion to their respective Recalculated
Percentages (the portion of such aggregate reduction so allocated to any
Non-Maturing Class, the "Adjustment Percentage"); and (d) for purposes
of such Distribution Date, the Prepayment Distribution Percentage of
each Non-Maturing Class shall be equal to the sum
-13-
of (1) the Prepayment Distribution Percentage thereof, calculated in
accordance with the provisions in paragraph (ii) above as if the
Certificate Principal Balance of each Maturing Class had not been
reduced to zero, plus (2) the related Adjustment Percentage.
Principal Only Certificates: Any one of the Class A-6 Certificates or Class
A-P Certificates.
REMIC I: The segregated pool of assets related to this Series, with
respect to which a REMIC election is to be made (except as provided below)
pursuant to this Agreement, consisting of:
(i) the Mortgage Loans and the related Mortgage Files and collateral
securing such Mortgage Loans,
(ii) all payments on and collections in respect of the Mortgage Loans
due after the Cut-off Date as shall be on deposit in the
Custodial Account or in the Certificate Account and identified as
belonging to the Trust Fund, including the proceeds from the
liquidation of Pledged Assets for any Pledged Asset Loan,
including amounts on deposit in the Initial Monthly Payment Fund,
(iii) property that secured a Mortgage Loan and that has been acquired
for the benefit of the Certificateholders by foreclosure or deed
in lieu of foreclosure,
(iv) the hazard insurance policies and Primary Insurance Policies, if
any, the Pledged Assets with respect to each Pledged Asset Loan,
and
(v) all proceeds of clauses (i) through (iv) above.
Notwithstanding the foregoing, the REMIC election specifically excludes
the Initial Monthly Payment Fund.
REMIC I Certificates: The Class R-I Certificates.
REMIC II: The segregated pool of assets consisting of the Uncertificated
REMIC I Regular Interests conveyed in trust to the Trustee for the benefit of
the holders of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class
A-6, Class A-7, Class A-P, Class A-V, Class M-1, Class M-2, Class M-3, Class
B-1, Class B-2, Class B-3 and R-II Certificates pursuant to Section 2.06, with
respect to which a separate REMIC election is to be made.
REMIC II Certificates: Any of the Class A-1, Class A-2, Class A-3, Class
A-4, Class A-5, Class A-6, Class A-7, Class A-P, Class A-V, Class M-1, Class
M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates.
Senior Certificate: Any one of the Class A Certificates or Class R
Certificates, executed by the Trustee and authenticated by the Certificate
Registrar substantially in the form annexed to the Standard Terms as Exhibit A
and Exhibit D, respectively.
-14-
Senior Percentage: As of any Distribution Date, the lesser of 100% and a
fraction, expressed as a percentage, the numerator of which is the aggregate
Certificate Principal Balance of the Senior Certificates (other than the Class
A-P Certificates) immediately prior to such Distribution Date and the
denominator of which is the aggregate Stated Principal Balance of all of the
Mortgage Loans (or related REO Properties) (other than the related Discount
Fraction of each Discount Mortgage Loan) immediately prior to such Distribution
Date.
Senior Principal Distribution Amount: As to any Distribution Date, the
lesser of (a) the balance of the Available Distribution Amount remaining after
the distribution of all amounts required to be distributed pursuant to Section
4.02(a)(i) and Section 4.02(a)(ii)(X) of this Series Supplement, or, after the
Credit Support Depletion Date, the amount required to be distributed to the
Class A-P Certificateholders pursuant to Section 4.02(c) of this Series
Supplement and (b) the sum of the amounts required to be distributed to the
Senior Certificateholders on such Distribution Date pursuant to Section
4.02(a)(ii)(Y), (xvi) and (xvii) of this Series Supplement.
Special Hazard Amount: As of any Distribution Date, an amount equal to
$2,847,860 minus the sum of (i) the aggregate amount of Special Hazard Losses
allocated solely to one or more specific Classes of Certificates in accordance
with Section 4.05 of this Series Supplement and (ii) the Adjustment Amount (as
defined below) as most recently calculated. For each anniversary of the Cut- off
Date, the Adjustment Amount shall be equal to the amount, if any, by which the
amount calculated in accordance with the preceding sentence (without giving
effect to the deduction of the Adjustment Amount for such anniversary) exceeds
the greater of (A) the greatest of (i) twice the outstanding principal balance
of the Mortgage Loan in the Trust Fund which has the largest outstanding
principal balance on the Distribution Date immediately preceding such
anniversary, (ii) the product of 1.00% multiplied by the outstanding principal
balance of all Mortgage Loans on the Distribution Date immediately preceding
such anniversary and (iii) the aggregate outstanding principal balance (as of
the immediately preceding Distribution Date) of the Mortgage Loans in any single
five-digit California zip code area with the largest amount of Mortgage Loans by
aggregate principal balance as of such anniversary and (B) the greater of (i)
the product of 0.50% multiplied by the outstanding principal balance of all
Mortgage Loans on the Distribution Date immediately preceding such anniversary
multiplied by a fraction, the numerator of which is equal to the aggregate
outstanding principal balance (as of the immediately preceding Distribution
Date) of all of the Mortgage Loans secured by Mortgaged Properties located in
the State of California divided by the aggregate outstanding principal balance
(as of the immediately preceding Distribution Date) of all of the Mortgage
Loans, expressed as a percentage, and the denominator of which is equal to 39.9%
(which percentage is equal to the percentage of Mortgage Loans initially secured
by Mortgaged Properties located in the State of California) and (ii) the
aggregate outstanding principal balance (as of the immediately preceding
Distribution Date) of the largest Mortgage Loan secured by a Mortgaged Property
(or, with respect to a Cooperative Loan, the related Cooperative Apartment)
located in the State of California.
The Special Hazard Amount may be further reduced by the Master Servicer
(including accelerating the manner in which coverage is reduced) provided that
prior to any such reduction, the Master Servicer shall (i) obtain written
confirmation from each Rating Agency that such reduction shall not reduce the
rating assigned to any Class of Certificates by such Rating Agency below the
-15-
lower of the then-current rating or the rating assigned to such Certificates as
of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
Subordinate Principal Distribution Amount: With respect to any
Distribution Date and each Class of Subordinate Certificates, (a) the sum of (i)
the product of (x) the related Subordinate Class Percentage for such Class and
(y) the aggregate of the amounts calculated for such Distribution Date under
clauses (1), (2) and (3) of Section 4.02(a)(ii)(Y)(A) of this Series Supplement
(without giving effect to the Senior Percentage) to the extent not payable to
the Senior Certificates; (ii) such Class's pro rata share, based on the
Certificate Principal Balance of each Class of Subordinate Certificates then
outstanding, of the principal collections described in Section
4.02(a)(ii)(Y)(B)(b) of this Series Supplement (without giving effect to the
Senior Accelerated Distribution Percentage) to the extent such collections are
not otherwise distributed to the Senior Certificates; (iii) the product of (x)
the related Prepayment Distribution Percentage and (y) the aggregate of all
Principal Prepayments in Full received in the related Prepayment Period and
Curtailments received in the preceding calendar month (other than the related
Discount Fraction of such Principal Prepayments in Full and Curtailments with
respect to a Discount Mortgage Loan) to the extent not payable to the Senior
Certificates; (iv) if such Class is the Class of Subordinate Certificates with
the Highest Priority, any Excess Subordinate Principal Amount for such
Distribution Date; and (v) any amounts described in clauses (i), (ii) and (iii)
as determined for any previous Distribution Date, that remain undistributed to
the extent that such amounts are not attributable to Realized Losses which have
been allocated to a Class of Subordinate Certificates minus (b) with respect to
the Class of Subordinate Certificates with the Lowest Priority, any Excess
Subordinate Principal Amount for such Distribution Date; provided, however, that
the Subordinate Principal Distribution Amount for any Class of Subordinate
Certificates on any Distribution Date shall in no event exceed the outstanding
Certificate Principal Balance of such Class of Certificates immediately prior to
such date.
Trust Fund: REMIC I, REMIC II and the Initial Monthly Payment Fund.
Uncertificated Class A-V REMIC Accrued Interest: With respect to each
Distribution Date, as to each Uncertificated Class A-V REMIC Regular Interest,
an amount equal to the aggregate amount of Accrued Certificate Interest that
would result under the terms of the definition thereof on each such
uncertificated interest, if the Pass-Through Rate on such uncertificated
interest was equal to the related Uncertificated Class A-V REMIC Pass-Through
Rate and the notional amount of such uncertificated interest was equal to the
related Uncertificated Class A-V REMIC Notional Amount; provided, that any
reduction in the amount of Accrued Certificate Interest resulting from the
allocation of Prepayment Interest Shortfalls, Realized Losses or other amounts
to the Class A-V Certificateholders pursuant to Section 4.05 hereof shall be
allocated to the Uncertificated Class A-V REMIC Regular Interests pro rata in
accordance with the amount of interest accrued with respect to each related
Uncertificated Class A-V REMIC Notional Amount and such Distribution Date.
Uncertificated Class A-V REMIC Notional Amount: With respect to each
Uncertificated Class A-V REMIC Regular Interest, the amount of the related
Uncertificated REMIC I IO Notional Amount.
-16-
Uncertificated Class A-V REMIC Pass-Through Rate: With respect to each
Uncertificated Class A-V REMIC Regular Interest, 100% of the interest payable on
the related Uncertificated REMIC I IO Regular Interest.
Uncertificated Class A-V REMIC Regular Interest Distribution Amounts:
With respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated Class AV REMIC Regular Interests for such
Distribution Date pursuant to Section 4.08(a).
Uncertificated Class A-V REMIC Regular Interests: The 671 uncertificated
partial undivided beneficial ownership interests in the Trust Fund numbered
sequentially from 1 through 671 each relating to the particular Mortgage Loan
identified by sequential number on the Mortgage Loan Schedule, each having no
principal balance, and each bearing the respective Pool Strip Rate on the Stated
Principal Balance of the related Mortgage Loan.
Uncertificated Principal Balance: With respect to each Uncertificated
REMIC I Regular Interest on any date of determination, an amount equal to (A)(i)
$84,727,000.00 with respect to Uncertificated REMIC I Regular Interest R, (ii)
$13,107,000.00 with respect to Uncertificated REMIC I Regular Interest S, (iii)
$88,918,595.00 with respect to Uncertificated REMIC I Regular Interest T, (iv)
$86,272,000.00 with respect to Uncertificated REMIC I Regular Interest V, (v)
$2,022,405.00 with respect to Uncertificated REMIC I Regular Interest W, (vi)
$9,256,275.40 with respect to Uncertificated REMIC I Regular Interest X and
(vii) $482,602.33 with respect to Uncertificated REMIC I Regular Interest Y,
minus (B) the sum of (x) the aggregate of all amounts previously deemed
distributed with respect to such interest and applied to reduce the
Uncertificated Principal Balance thereof pursuant to Section 4.09(a)(ii) and (y)
the aggregate of all reductions in Uncertificated Principal Balance deemed to
have occurred in connection with Realized Losses that were previously deemed
allocated to the Uncertificated Principal Balance of such Uncertificated REMIC I
Regular Interest pursuant to Section 4.09(d).
Uncertificated REMIC I Accrued Interest: With respect to each
Distribution Date, (i) as to Uncertificated REMIC I Regular Interest R, an
amount equal to the aggregate amount of Accrued Certificate Interest that would
result under the terms of the definition thereof on the Class A-1 Certificates
if the Pass-Through Rate on such Class were equal to the Uncertificated REMIC I
Pass- Through Rate and the Uncertificated Principal Balance were the Certificate
Principal Balance, (ii) as to Uncertificated REMIC I Regular Interest S, an
amount equal to the aggregate amount of Accrued Certificate Interest that would
result under the terms of the definition thereof on the Class A-2 Certificates
if the Pass-Through Rate on such Class were equal to the Uncertificated REMIC I
Pass-Through Rate and the Uncertificated Principal Balance were the Certificate
Principal Balance, (iii) as to Uncertificated REMIC I Regular Interest T, an
amount equal to the aggregate amount of Accrued Certificate Interest that would
result under the terms of the definition thereof on the Class A-3 Certificates,
Class A-5 Certificates and Class A-7-5 Component if the Pass-Through Rate on
such Class were equal to the Uncertificated REMIC I Pass-Through Rate and the
Uncertificated Principal Balance were the Certificate Principal Balance, (iv) as
to Uncertificated REMIC I Regular Interest V, an amount equal to the aggregate
amount of Accrued Certificate Interest that would result under the terms of the
definition thereof on the Class A-4 Certificates if the Pass-Through Rate on
such Class were equal to the Uncertificated REMIC I Pass-Through Rate and the
Uncertificated Principal Balance were the Certificate Principal Balance, (v) as
to Uncertificated REMIC I Regular
-17-
Interest W, an amount equal to the aggregate amount of Accrued Certificate
Interest that would result under the terms of the definition thereof on the
Class A-6 Certificates if the Pass-Through Rate on such Class were equal to the
Uncertificated REMIC I Pass-Through Rate and the Uncertificated Principal
Balance were the Certificate Principal Balance, (vi) as to Uncertificated REMIC
I Regular Interest X, an amount equal to the aggregate amount of Accrued
Certificate Interest that would result under the terms of the definition thereof
on the Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and
Class R-II Certificates if the Pass-Through Rate on such Class were equal to the
Uncertificated REMIC I Pass-Through Rate and the Uncertificated Principal
Balance were the Certificate Principal Balance, and (vii) as to each
Uncertificated REMIC I IO Regular Interest, an amount equal to the aggregate
amount of Accrued Certificate Interest that would result under the terms of the
definition thereof on each such uncertificated interest, if the Pass-Through
Rate on such uncertificated interest was equal to the related Uncertificated
REMIC I Pass-Through Rate and the notional amount of such uncertificated
interest was equal to the related Uncertificated REMIC I IO Notional Amount;
provided, that any reduction in the amount of Accrued Certificate Interest
resulting from the allocation of Prepayment Interest Shortfalls, Realized Losses
or other amounts to the Certificates pursuant to Sections 4.02(a) and 4.05
hereof shall be allocated to the Uncertificated REMIC I Regular Interests for
which such Certificates are the Corresponding Certificated Interests.
Uncertificated REMIC I IO Notional Amount: With respect to each
Uncertificated REMIC I IO Regular Interest, an amount equal to the aggregate
Stated Principal Balance of the related Non- Discount Mortgage Loan.
Uncertificated REMIC I IO Regular Interests: The 671 uncertificated
partial undivided beneficial ownership interests in REMIC I, each relating to a
Mortgage Loan with a Net Mortgage Rate in excess of 6.75%, each having no
principal balance, and each bearing interest at the related Uncertificated REMIC
I Pass-Through Rate on the related Uncertificated REMIC I IO Notional Amount.
Uncertificated REMIC I Pass-Through Rate: With respect to each of the
Uncertificated REMIC I Regular Interests R, S, T, V, W, X and Y, 6.75%, 6.75%,
6.75%, 6.75%, 6.75%, 6.75% and 0.00%, respectively. With respect to the
Uncertificated REMIC I IO Regular Interests, an amount equal to the Pool Strip
Rate for the related Mortgage Loan.
Uncertificated REMIC I Regular Interest R: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the aggregate Certificate Principal Balance of the Class A-1
Certificates, and which bears interest at a rate equal to 6.75% per annum.
Uncertificated REMIC I Regular Interest S: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the aggregate Certificate Principal Balance of the Class A-2
Certificates, and which bears interest at a rate equal to 6.75% per annum.
Uncertificated REMIC I Regular Interest T: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the aggregate Certificate Principal Balance of the Class A-3
Certificates, Class A-5 Certificates and Class A-7-5 Component, and which bears
interest at a rate equal to 6.75% per annum.
-18-
Uncertificated REMIC I Regular Interest V: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the aggregate Certificate Principal Balance of the Class A-4
Certificates, and which bears interest at a rate equal to 6.75% per annum.
Uncertificated REMIC I Regular Interest W: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the aggregate Certificate Principal Balance of the Class A-6
Certificates, and which bears interest at a rate equal to 0.00% per annum.
Uncertificated REMIC I Regular Interest X: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the aggregate Certificate Principal Balance of the Class M-1
Certificates, Class M-2 Certificates, Class M-3 Certificates, Class B-1
Certificates, Class B-2 Certificates, Class B-3 Certificates and Class R-II
Certificates, and which bears interest at a rate equal to 6.75% per annum.
Uncertificated REMIC I Regular Interest Y: An uncertificated partial
undivided beneficial ownership interest in REMIC I having a principal balance
equal to the aggregate Certificate Principal Balance of the Class A-P
Certificates, and which bears interest at a rate equal to 0.00% per annum.
Uncertificated REMIC I Regular Interests: Uncertificated REMIC I Regular
Interest R, Uncertificated REMIC I Regular Interest S, Uncertificated REMIC I
Regular Interest T, Uncertificated REMIC I Regular Interest V, Uncertificated
REMIC I Regular Interest W, Uncertificated REMIC I Regular Interest X,
Uncertificated REMIC I Regular Interest Y and the Uncertificated REMIC I IO
Regular Interests.
Uncertificated REMIC I IO Regular Interest Distribution Amount: With
respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated REMIC I IO Regular Interests for such
Distribution Date pursuant to Section 4.09(a).
Uncertificated REMIC I Regular Interest R Distribution Amount: With
respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated REMIC I Regular Interest R for such
Distribution Date pursuant to Section 4.09(a).
Uncertificated REMIC I Regular Interest S Distribution Amount: With
respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated REMIC I Regular Interest S for such
Distribution Date pursuant to Section 4.09(a).
Uncertificated REMIC I Regular Interest T Distribution Amount: With
respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated REMIC I Regular Interest T for such
Distribution Date pursuant to Section 4.09(a).
Uncertificated REMIC I Regular Interest V Distribution Amount: With
respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated REMIC I Regular Interest V for such
Distribution Date pursuant to Section 4.09(a).
-19-
Uncertificated REMIC I Regular Interest W Distribution Amount: With
respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated REMIC I Regular Interest W for such
Distribution Date pursuant to Section 4.09(a).
Uncertificated REMIC I Regular Interest X Distribution Amount: With
respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated REMIC I Regular Interest X for such
Distribution Date pursuant to Section 4.09(a).
Uncertificated REMIC I Regular Interest Y Distribution Amount: With
respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated REMIC I Regular Interest Y for such
Distribution Date pursuant to Section 4.09(a).
Uncertificated REMIC I Regular Interest Distribution Amounts: The
Uncertificated REMIC I Regular Interest R Distribution Amount, the
Uncertificated REMIC I Regular Interest S Distribution Amount, the
Uncertificated REMIC I Regular Interest T Distribution Amount, the
Uncertificated REMIC I Regular Interest V Distribution Amount, the
Uncertificated REMIC I Regular Interest W Distribution Amount, the
Uncertificated REMIC I Regular Interest X Distribution Amount, the
Uncertificated REMIC I Regular Interest Y Distribution Amount and the
Uncertificated REMIC I IO Regular Interest Distribution Amount.
Section 1.02 Use of Words and Phrases.
"Herein," "hereby," "hereunder," "hereof," "hereinbefore," "hereinafter"
and other equivalent words refer to the Pooling and Servicing Agreement as a
whole. All references herein to Articles, Sections or Subsections shall mean the
corresponding Articles, Sections and Subsections in the Pooling and Servicing
Agreement. The definitions set forth herein include both the singular and the
plural.
-20-
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans. (See Section 2.01 of the
Standard Terms)
Section 2.02 Acceptance by Trustee. (See Section 2.02 of the Standard
Terms)
Section 2.03 Representations, Warranties and Covenants of the Master
Servicer and the Company.
(a) For representations, warranties and covenants of the Master
Servicer, see Section 2.03(a) of the Standard Terms.
(b) The Company hereby represents and warrants to the Trustee for
the benefit of Certificateholders that as of the Closing Date (or, if
otherwise specified below, as of the date so specified):
(i) No Mortgage Loan is 30 or more days Delinquent in
payment of principal and interest as of the Cut-off Date and no
Mortgage Loan has been so Delinquent more than once in the
12-month period prior to the Cut-off Date;
(ii) The information set forth in Exhibit One hereto with
respect to each Mortgage Loan or the Mortgage Loans, as the case
may be, is true and correct in all material respects at the date
or dates respecting which such information is furnished;
(iii) The Mortgage Loans are fully-amortizing, fixed-rate
mortgage loans with level Monthly Payments due on the first day
of each month and terms to maturity at origination or
modification of not more than 30 years;
(iv) To the best of the Company's knowledge, if a Mortgage
Loan is secured by a Mortgaged Property with a Loan-to-Value
Ratio at origination in excess of 80%, such Mortgage Loan is the
subject of a Primary Insurance Policy that insures that (a) at
least 30% of the Stated Principal Balance of the Mortgage Loan at
origination if the Loan-to-Value Ratio is between 95.00% and
90.01%, (b) at least 25% of such balance if the Loan-to-Value
Ratio is between 90.00% and 85.01%, and (c) at least 12% of such
balance if the Loan-to-Value Ratio is between 85.00% and 80.01%.
To the best of the Company's knowledge, each such Primary
Insurance Policy is in full force and effect and the Trustee is
entitled to the benefits thereunder. 0.4% of the Mortgage Loans
by aggregate Stated Principal Balance as of the Cut-off Date will
be secured by Pledged Assets in addition to the related Mortgaged
Property and in lieu of any Primary Insurance Policy;
-21-
(v) The issuers of the Primary Insurance Policies are
insurance companies whose claims-paying abilities are currently
acceptable to each Rating Agency;
(vi) No more than 0.9% of the Mortgage Loans by aggregate
Stated Principal Balance as of the Cut-off Date are secured by
Mortgaged Properties located in any one zip code area in
California and no more than 1.1% of the Mortgage Loans by
aggregate Stated Principal Balance as of the Cut-off Date are
secured by Mortgaged Properties located in any one zip code area
outside California;
(vii) The improvements upon the Mortgaged Properties are
insured against loss by fire and other hazards as required by the
Program Guide, including flood insurance if required under the
National Flood Insurance Act of 1968, as amended. The Mortgage
requires the Mortgagor to maintain such casualty insurance at the
Mortgagor's expense, and on the Mortgagor's failure to do so,
authorizes the holder of the Mortgage to obtain and maintain such
insurance at the Mortgagor's expense and to seek reimbursement
therefor from the Mortgagor;
(viii) Immediately prior to the assignment of the Mortgage
Loans to the Trustee, the Company had good title to, and was the
sole owner of, each Mortgage Loan free and clear of any pledge,
lien, encumbrance or security interest (other than rights to
servicing and related compensation) and such assignment validly
transfers ownership of the Mortgage Loans to the Trustee free and
clear of any pledge, lien, encumbrance or security interest;
(ix) 11.13% of the Mortgage Loans were underwritten under a
reduced loan documentation program;
(x) Each Mortgagor represented in its loan application
with respect to the related Mortgage Loan that the Mortgaged
Property would be owner-occupied and therefore would not be an
investor property as of the date of origination of such Mortgage
Loan. No Mortgagor is a corporation or a partnership;
(xi) None of the Mortgage Loans are Buydown Mortgage Loans;
(xii) Each Mortgage Loan constitutes a qualified mortgage
under Section 860G(a)(3)(A) of the Code and Treasury Regulations
Section 1.860G-2(a)(1);
(xiii) A policy of title insurance was effective as of the
closing of each Mortgage Loan and is valid and binding and
remains in full force and effect, unless the Mortgaged Properties
are located in the State of Iowa and an attorney's certificate
has been provided as described in the Program Guide;
(xiv) None of the Mortgage Loans are Cooperative Loans;
(xv) With respect to each Mortgage Loan originated under a
"streamlined" Mortgage Loan program (through which no new or
updated appraisals of Mortgaged
-22-
Properties are obtained in connection with the refinancing
thereof), the related Seller has represented that either (a) the
value of the related Mortgaged Property as of the date the
Mortgage Loan was originated was not less than the appraised
value of such property at the time of origination of the
refinanced Mortgage Loan or (b) the Loan- to-Value Ratio of the
Mortgage Loan as of the date of origination of the Mortgage Loan
generally meets the Company's underwriting guidelines;
(xvi) Interest on each Mortgage Loan is calculated on the
basis of a 360-day year consisting of twelve 30-day months;
(xvii) None of the Mortgage Loans contains in the related
Mortgage File a Destroyed Mortgage Note; and
(xviii)0.4% of the Mortgage Loans by aggregate Stated
Principal Balance as of the Cut-off Date are Pledged Asset Loans.
It is understood and agreed that the representations and warranties set forth in
this Section 2.03(b) shall survive delivery of the respective Mortgage Files to
the Trustee or any Custodian.
Upon discovery by any of the Company, the Master Servicer, the Trustee or
any Custodian of a breach of any of the representations and warranties set forth
in this Section 2.03(b) that materially and adversely affects the interests of
the Certificateholders in any Mortgage Loan, the party discovering such breach
shall give prompt written notice to the other parties (any Custodian being so
obligated under a Custodial Agreement); provided, however, that in the event of
a breach of the representation and warranty set forth in Section 2.03(b)(xii),
the party discovering such breach shall give such notice within five days of
discovery. Within 90 days of its discovery or its receipt of notice of breach,
the Company shall either (i) cure such breach in all material respects or (ii)
purchase such Mortgage Loan from the Trust Fund at the Purchase Price and in the
manner set forth in Section 2.02; provided that the Company shall have the
option to substitute a Qualified Substitute Mortgage Loan or Loans for such
Mortgage Loan if such substitution occurs within two years following the Closing
Date; provided that if the omission or defect would cause the Mortgage Loan to
be other than a "qualified mortgage" as defined in Section 860G(a)(3) of the
Code, any such cure or repurchase must occur within 90 days from the date such
breach was discovered. Any such substitution shall be effected by the Company
under the same terms and conditions as provided in Section 2.04 for
substitutions by Residential Funding. It is understood and agreed that the
obligation of the Company to cure such breach or to so purchase or substitute
for any Mortgage Loan as to which such a breach has occurred and is continuing
shall constitute the sole remedy respecting such breach available to the
Certificateholders or the Trustee on behalf of the Certificateholders.
Notwithstanding the foregoing, the Company shall not be required to cure
breaches or purchase or substitute for Mortgage Loans as provided in this
Section 2.03(b) if the substance of the breach of a representation set forth
above also constitutes fraud in the origination of the Mortgage Loan.
Section 2.04 Representations and Warranties of Sellers. (See Section
2.04 of the Standard Terms)
Section 2.05 Execution and Authentication of Certificates.
-23-
The Trustee acknowledges the assignment to it of the Mortgage Loans and
the delivery of the Mortgage Files to it, or any Custodian on its behalf,
subject to any exceptions noted, together with the assignment to it of all other
assets included in the Trust Fund, receipt of which is hereby acknowledged.
Concurrently with such delivery and in exchange therefor, the Trustee, pursuant
to the written request of the Company executed by an officer of the Company has
executed and caused to be authenticated and delivered to or upon the order of
the Company the Certificates in authorized denominations which evidence
ownership of the entire Trust Fund.
-24-
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
(SEE ARTICLE III OF THE STANDARD TERMS)
-25-
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account. (See Section 4.01 of the Standard
Terms)
Section 4.02 Distributions.
(a) On each Distribution Date (x) the Master Servicer on behalf
of the Trustee or (y) the Paying Agent appointed by the Trustee, shall
distribute to the Master Servicer, in the case of a distribution
pursuant to Section 4.02(a)(iii) below, the amount required to be
distributed to the Master Servicer or a Sub-Servicer pursuant to Section
4.02(a)(iii) below, and to each Certificateholder of record on the next
preceding Record Date (other than as provided in Section 9.01 respecting
the final distribution) either in immediately available funds (by wire
transfer or otherwise) to the account of such Certificateholder at a
bank or other entity having appropriate facilities therefor, if such
Certificateholder has so notified the Master Servicer or the Paying
Agent, as the case may be, or, if such Certificateholder has not so
notified the Master Servicer or the Paying Agent by the Record Date, by
check mailed to such Certificateholder at the address of such Holder
appearing in the Certificate Register such Certificateholder's share
(which share (A) with respect to each Class of Certificates (other than
any Subclass of the Class A-V Certificates), shall be based on the
aggregate of the Percentage Interests represented by Certificates of the
applicable Class held by such Holder or (B) with respect to any Subclass
of the Class A-V Certificates, shall be equal to the amount (if any)
distributed pursuant to Section 4.02(a)(i) below to each Holder of a
Subclass thereof) of the following amounts, in the following order of
priority (subject to the provisions of Section 4.02(b) below), in each
case to the extent of the Available Distribution Amount:
(i) to the Senior Certificates (other than the Principal
Only Certificates, and prior to the related Accretion Termination
Date, the related Accrual Certificates, to the extent of the
related Accrual Distribution Amount) on a pro rata basis based on
Accrued Certificate Interest payable on such Certificates with
respect to such Distribution Date, Accrued Certificate Interest
on such Classes of Certificates (or Subclasses, if any, with
respect to the Class A-V Certificates) for such Distribution
Date, plus any Accrued Certificate Interest thereon remaining
unpaid from any previous Distribution Date except as provided in
the last paragraph of this Section 4.02(a) (the "Senior Interest
Distribution Amount"); and
(ii) (X) to the Class A-P Certificates, the Class A-P
Principal Distribution Amount (as defined in Section 4.02(b)(i)
herein); and
(Y) to the Senior Certificates (other than the
Class A-P Certificates), in the priorities and amounts set forth
in Section 4.02(b)(ii) through Section 4.02(b)(vii), the sum of
the following (applied to reduce the Certificate Principal
Balances of such Senior Certificates, as applicable):
-26-
(A) the Senior Percentage for such Distribution
Date times the sum of the following:
(1) the principal portion of each Monthly
Payment due during the related Due Period on each
Outstanding Mortgage Loan (other than the related
Discount Fraction of the principal portion of such
payment with respect to a Discount Mortgage Loan),
whether or not received on or prior to the related
Determination Date, minus the principal portion of
any Debt Service Reduction (other than the related
Discount Fraction of the principal portion of such
Debt Service Reductions with respect to each
Discount Mortgage Loan) which together with other
Bankruptcy Losses exceeds the Bankruptcy Amount;
(2) the Stated Principal Balance of any
Mortgage Loan repurchased during the preceding
calendar month (or deemed to have been so
repurchased in accordance with Section 3.07(b) of
the Standard Terms) pursuant to Sections 2.02, 2.04
or 4.07 of the Standard Terms and Section 2.03 of
the Standard Terms and this Series Supplement, and
the amount of any shortfall deposited in the
Custodial Account in connection with the
substitution of a Deleted Mortgage Loan pursuant to
Section 2.04 of the Standard Terms or Section 2.03
of the Standard Terms and this Series Supplement,
during the preceding calendar month (other than the
related Discount Fraction of such Stated Principal
Balance or shortfall with respect to each Discount
Mortgage Loan); and
(3) the principal portion of all other
unscheduled collections (other than Principal
Prepayments in Full and Curtailments and amounts
received in connection with a Cash Liquidation or
REO Disposition of a Mortgage Loan described in
Section 4.02(a)(ii)(Y)(B) of this Series
Supplement, including without limitation Insurance
Proceeds, Liquidation Proceeds and REO Proceeds)
received during the preceding calendar month (or
deemed to have been so received in accordance with
Section 3.07(b) of the Standard Terms) to the
extent applied by the Master Servicer as recoveries
of principal of the related Mortgage Loan pursuant
to Section 3.14 of the Standard Terms (other than
the related Discount Fraction of the principal
portion of such unscheduled collections, with
respect to each Discount Mortgage Loan);
(B) with respect to each Mortgage Loan for which a
Cash Liquidation or a REO Disposition occurred during the
preceding calendar month (or was deemed to have occurred
during such period in accordance with Section 3.07(b) of
the Standard Terms) and did not result in any Excess
Special Hazard Losses, Excess Fraud Losses, Excess
Bankruptcy Losses or
-27-
Extraordinary Losses, an amount equal to the lesser of (a)
the Senior Percentage for such Distribution Date times the
Stated Principal Balance of such Mortgage Loan (other than
the related Discount Fraction of such Stated Principal
Balance, with respect to each Discount Mortgage Loan) and
(b) the Senior Accelerated Distribution Percentage for
such Distribution Date times the related unscheduled
collections (including without limitation Insurance
Proceeds, Liquidation Proceeds and REO Proceeds) to the
extent applied by the Master Servicer as recoveries of
principal of the related Mortgage Loan pursuant to Section
3.14 of the Standard Terms (in each case other than the
portion of such unscheduled collections, with respect to a
Discount Mortgage Loan, included in Section 4.02(b)(i)(C)
of this Series Supplement);
(C) the Senior Accelerated Distribution Percentage
for such Distribution Date times the aggregate of all
Principal Prepayments in Full received in the related
Prepayment Period and Curtailments received in the
preceding calendar month (other than the related Discount
Fraction of such Principal Prepayments in Full and
Curtailments, with respect to each Discount Mortgage
Loan);
(D) any Excess Subordinate Principal Amount for such
Distribution Date; and
(E) any amounts described in subsection (ii)(Y),
clauses (A), (B) and (C) of this Section 4.02(a), as
determined for any previous Distribution Date, which
remain unpaid after application of amounts previously
distributed pursuant to this clause (E) to the extent that
such amounts are not attributable to Realized Losses which
have been allocated to the Subordinate Certificates;
(iii) if the Certificate Principal Balances of the
Subordinate Certificates have not been reduced to zero, to the
Master Servicer or a Sub-Servicer, by remitting for deposit to
the Custodial Account, to the extent of and in reimbursement for
any Advances or Sub-Servicer Advances previously made with
respect to any Mortgage Loan or REO Property which remain
unreimbursed in whole or in part following the Cash Liquidation
or REO Disposition of such Mortgage Loan or REO Property, minus
any such Advances that were made with respect to delinquencies
that ultimately constituted Excess Special Hazard Losses, Excess
Fraud Losses, Excess Bankruptcy Losses or Extraordinary Losses;
(iv) to the Holders of the Class M-1 Certificates, the
Accrued Certificate Interest thereon for such Distribution Date,
plus any Accrued Certificate Interest thereon remaining unpaid
from any previous Distribution Date, except as provided below;
(v) to the Holders of the Class M-1 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such
-28-
Distribution Date, minus (y) the amount of any Class A-P
Collection Shortfalls for such Distribution Date or remaining
unpaid for all previous Distribution Dates, to the extent the
amounts available pursuant to clause (x) of Sections
4.02(a)(vii), (ix), (xi), (xiii), (xiv) and (xv) of this Series
Supplement are insufficient therefor, applied in reduction of the
Certificate Principal Balance of the Class M-1 Certificates;
(vi) to the Holders of the Class M-2 Certificates, the
Accrued Certificate Interest thereon for such Distribution Date,
plus any Accrued Certificate Interest thereon remaining unpaid
from any previous Distribution Date, except as provided below;
(vii) to the Holders of the Class M-2 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such Distribution Date, minus
(y) the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates, to the extent the amounts available pursuant
to clause (x) of Sections 4.02(a)(ix), (xi), (xiii), (xiv) and
(xv) of this Series Supplement are insufficient therefor, applied
in reduction of the Certificate Principal Balance of the Class
M-2 Certificates;
(viii) to the Holders of the Class M-3 Certificates, the
Accrued Certificate Interest thereon for such Distribution Date,
plus any Accrued Certificate Interest thereon remaining unpaid
from any previous Distribution Date, except as provided below;
(ix) to the Holders of the Class M-3 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such Distribution Date minus
(y) the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates, to the extent the amounts available pursuant
to clause (x) of Sections 4.02(a)(xi), (xiii), (xiv) and (xv) of
this Series Supplement are insufficient therefor, applied in
reduction of the Certificate Principal Balance of the Class M-3
Certificates;
(x) to the Holders of the Class B-1 Certificates, the
Accrued Certificate Interest thereon for such Distribution Date,
plus any Accrued Certificate Interest thereon remaining unpaid
from any previous Distribution Date, except as provided below;
(xi) to the Holders of the Class B-1 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such Distribution Date minus
(y) the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates, to the extent the amounts available pursuant
to clause (x) of Sections 4.02(a)(xiii), (xiv) and (xv) of this
Series Supplement are insufficient therefor, applied in reduction
of the Certificate Principal Balance of the Class B-1
Certificates;
-29-
(xii) to the Holders of the Class B-2 Certificates, the
Accrued Certificate Interest thereon for such Distribution Date,
plus any Accrued Certificate Interest thereon remaining unpaid
from any previous Distribution Date, except as provided below;
(xiii) to the Holders of the Class B-2 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such Distribution Date minus
(y) the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates, to the extent the amounts available pursuant
to clause (x) of Sections 4.02(a)(xiv) and (xv) of this Series
Supplement are insufficient therefor, applied in reduction of the
Certificate Principal Balance of the Class B-2 Certificates;
(xiv) to the Holders of the Class B-3 Certificates, an
amount equal to (x) the Accrued Certificate Interest thereon for
such Distribution Date, plus any Accrued Certificate Interest
thereon remaining unpaid from any previous Distribution Date,
except as provided below, minus (y) the amount of any Class A-P
Collection Shortfalls for such Distribution Date or remaining
unpaid for all previous Distribution Dates, to the extent the
amounts available pursuant to clause (x) of Section 4.02(a) (xv)
of this Series Supplement are insufficient therefor;
(xv) to the Holders of the Class B-3 Certificates, an
amount equal to (x) the Subordinate Principal Distribution Amount
for such Class of Certificates for such Distribution Date minus
(y) the amount of any Class A-P Collection Shortfalls for such
Distribution Date or remaining unpaid for all previous
Distribution Dates applied in reduction of the Certificate
Principal Balance of the Class B-3 Certificates;
(xvi) to the Senior Certificates, in the priority set
forth in Section 4.02(b) of this Series Supplement, the portion,
if any, of the Available Distribution Amount remaining after the
foregoing distributions, applied to reduce the Certificate
Principal Balances of such Senior Certificates, but in no event
more than the aggregate of the outstanding Certificate Principal
Balances of each such Class of Senior Certificates, and
thereafter, to each Class of Subordinate Certificates then
outstanding beginning with such Class with the Highest Priority,
any portion of the Available Distribution Amount remaining after
the Senior Certificates have been retired, applied to reduce the
Certificate Principal Balance of each such Class of Subordinate
Certificates, but in no event more than the outstanding
Certificate Principal Balance of each such Class of Subordinate
Certificates; and
(xvii) to the Class R-II Certificates, the balance, if any, of
the Available Distribution Amount.
Notwithstanding the foregoing, on any Distribution Date, with respect to
the Class of Subordinate Certificates outstanding on such Distribution Date with
the Lowest Priority, or in the event the Subordinate Certificates are no longer
outstanding, the Senior Certificates, Accrued Certificate Interest thereon
remaining unpaid from any previous Distribution Date will be
-30-
distributable only to the extent that such unpaid Accrued Certificate Interest
was attributable to interest shortfalls relating to the failure of the Master
Servicer to make any required Advance, or the determination by the Master
Servicer that any proposed Advance would be a Nonrecoverable Advance with
respect to the related Mortgage Loan where such Mortgage Loan has not yet been
the subject of a Cash Liquidation or REO Disposition or the related Liquidation
Proceeds, Insurance Proceeds and REO Proceeds have not yet been distributed to
the Certificateholders.
(b) Distributions of principal on the Senior Certificates on each
Distribution Date occurring prior to the Credit Support Depletion Date
will be made as follows:
(i) to the Class A-P Certificates, until the Certificate
Principal Balance thereof is reduced to zero, an amount (the
"Class A-P Principal Distribution Amount") equal to the aggregate
of:
(A) the related Discount Fraction of the principal
portion of each Monthly Payment on each Discount Mortgage
Loan due during the related Due Period, whether or not
received on or prior to the related Determination Date,
minus the Discount Fraction of the principal portion of
any related Debt Service Reduction which together with
other Bankruptcy Losses exceeds the Bankruptcy Amount;
(B) the related Discount Fraction of the principal
portion of all unscheduled collections on each Discount
Mortgage Loan received during the preceding calendar month
or, in the case of Principal Prepayments in Full, during
the related Prepayment Period (other than amounts received
in connection with a Cash Liquidation or REO Disposition
of a Discount Mortgage Loan described in clause (C)
below), including Principal Prepayments in Full,
Curtailments and repurchases (including deemed repurchases
under Section 3.07(b) of the Standard Terms) of Discount
Mortgage Loans (or, in the case of a substitution of a
Deleted Mortgage Loan, the Discount Fraction of the amount
of any shortfall deposited in the Custodial Account in
connection with such substitution);
(C) in connection with the Cash Liquidation or REO
Disposition of a Discount Mortgage Loan that did not
result in any Excess Special Hazard Losses, Excess Fraud
Losses, Excess Bankruptcy Losses or Extraordinary Losses,
an amount equal to the lesser of (1) the applicable
Discount Fraction of the Stated Principal Balance of such
Discount Mortgage Loan immediately prior to such
Distribution Date and (2) the aggregate amount of the
collections on such Discount Mortgage Loan to the extent
applied as recoveries of principal;
(D) any amounts allocable to principal for any
previous Distribution Date (calculated pursuant to clauses
(A) through (C) above) that remain undistributed; and
-31-
(E) the amount of any Class A-P Collection
Shortfalls for such Distribution Date and the amount of
any Class A-P Collection Shortfalls remaining unpaid for
all previous Distribution Dates, but only to the extent of
the Eligible Funds for such Distribution Date;
(ii) an amount equal to the Class A-7-5 Accrual
Distribution Amount shall be distributed to the Class A-4
Certificates, until the Certificate Principal Balance thereof has
been reduced to zero;
(iii) an amount equal to the Class A-5 Accrual
Distribution Amount shall be distributed sequentially, to the
Class A-4 Certificates and Class A-7-5 Component, without regard
to the Aggregate Targeted Principal Balance for such Distribution
Date, in each case until the Certificate Principal Balance or
amount thereof has been reduced to zero;
(iv) the Senior Principal Distribution Amount shall be
distributed, concurrently, to the Class R-I Certificates and
Class R-II Certificates, on a pro rata basis, until the
Certificate Principal Balances thereof have been reduced to zero;
and
(v) the balance of the Senior Principal Distribution
Amount remaining after the distribution described in clause (iv)
above shall be distributed, concurrently on a pro rata basis, in
accordance with the respective aggregate outstanding Certificate
Principal Balances and amount of such classes of Certificates and
component in clauses (A) and (B) below, as follows:
(A) to the Class A-6 Certificates, until the
Certificate Principal Balance thereof has been reduced to
zero; and
(B) to the Class A-1, Class A-2, Class A-3, Class
A-4 and Class A-5 Certificates, and Class A-7-5 Component
in the following manner and priority:
(1) first, to the Class A-1, Class A-2 and
Class A-3 Certificates, until the aggregate of the
Certificate Principal Balances of the Class A-1,
Class A-2 and Class A-3 Certificates has been
reduced to the Aggregate Planned Principal Balance
for such Distribution Date, in the following manner
and priority:
(a) first, to the Class A-1 Certificates, until the
Certificate Principal Balance thereof has been reduced to
zero;
(b) second, concurrently, (A) 50.00% to the Class A-2
Certificates and (B) 50.00% to the Class A-3 Certificates,
until the Certificate Principal Balance of the Class A-2
Certificates has been reduced to zero; and
-32-
(c) third, to the Class A-3 Certificates, until the
Certificate Principal Balance thereof has been reduced to
zero;
(2) second, sequentially, to the Class A-4 Certificates
and Class A-7-5 Component, until the aggregate of the
Certificate Principal Balance and amount of the Class A-4
Certificates and Class A-7-5 Component has been reduced to
the Aggregate Targeted Principal Balance for such
Distribution Date;
(3) third, to the Class A-5 Certificates, until the
Certificate Principal Balance thereof has been reduced to
zero;
(4) fourth, concurrently, (A) 60.00% to the Class A-4
Certificates and (B) 40.00% to the Class A-7-5 Component,
until the Certificate Principal Balance of the Class A-4
Certificates has been reduced to zero;
(5) fifth, to the Class A-7-5 Component, until the
amount thereof has been reduced to zero; and
(6) sixth, to the Class A-1, Class A-2 and Class A-3
Certificates, without regard to the Aggregate Planned
Principal Balance for such Distribution Date, in the manner
and priority set forth above in clauses (v)(B)(1)(a) through
(v)(B)(1)(c).
(c) On or after the Credit Support Depletion Date, all priorities
relating to distributions as described in Section 4.02(b) above in
respect of principal among the various classes of Senior Certificates
(other than the Class A-P Certificates) will be disregarded, and (i) an
amount equal to the Discount Fraction of the principal portion of
scheduled payments and unscheduled collections received or advanced in
respect of the Discount Mortgage Loans will be distributed to the Class
A-P Certificates, (ii) the Senior Principal Distribution Amount will be
distributed to the remaining Senior Certificates (other than the Class
A-P Certificates) pro rata in accordance with their respective
outstanding Certificate Principal Balances, and (iii) the amount set
forth in Section 4.02(a)(i) will be distributed as set forth therein.
(d) After the reduction of the Certificate Principal Balances of
the Senior Certificates (other than the Class A-P Certificates) to zero
but prior to the Credit Support Depletion Date, the Senior Certificates
(other than the Class A-P Certificates) will be entitled to no further
distributions of principal thereon and the Available Distribution Amount
will be paid solely to the holders of the Class A-P Certificates, Class
A-V Certificates, Class M Certificates and Class B Certificates, in each
case as described herein.
(e) On each Distribution Date prior to the Class A-7-5 Accretion
Termination Date, an amount equal to the Accrued Certificate Interest
that would otherwise be distributed
-33-
on the Class A-7 Certificates, to the extent of the Class A-7-5
Component, shall be added to Certificate Principal Balance of the Class
A-7 Certificates. On or after the Class A-7-5 Accretion Termination
Date, the entire amount of Accrued Certificate Interest on the Class A-7
Certificates, to the extent of the Class A-7-5 Component, for such
Distribution Date shall be payable to the Class A-7 Certificateholders
pursuant to Section 4.02(a)(i) of this Series Supplement to the extent
not required to reduce the Certificate Principal Balance of the Class
A-4 Certificates to zero on such Accretion Termination Date; provided
that if the Accretion Termination Date is the Credit Support Depletion
Date, the entire amount of Accrued Certificate Interest on the Class A-7
Certificates, to the extent of the Class A-7-5 Component, for such
Distribution Date will be paid to the Class A-7 Certificateholders. Any
such Accrued Certificate Interest on the Class A-7 Certificates, to the
extent of the Class A- 7-5 Component, which is required to be paid to
the holders of the Class A-4 Certificates on the Class A-7-5 Accretion
Termination Date will be added to the Certificate Principal Balance of
the Class A-7 Certificates in the manner described in the first sentence
of this Section 4.02(e).
(f) On each Distribution Date prior to the Class A-5 Accretion
Termination Date, an amount equal to the Accrued Certificate Interest
that would otherwise be distributed on the Class A-5 Certificates shall
be added to Certificate Principal Balance of the Class A-5 Certificates.
On or after the Class A-5 Accretion Termination Date, the entire amount
of Accrued Certificate Interest on the Class A-5 Certificates for such
Distribution Date shall be payable to the Class A-5 Certificateholders
pursuant to Section 4.02(a)(i) of this Series Supplement to the extent
not required to reduce the amount of the Class A-7-5 Component to zero
on such Accretion Termination Date; provided that if the Accretion
Termination Date is the Credit Support Depletion Date, the entire amount
of Accrued Certificate Interest on the Class A-5 Certificates for such
Distribution Date will be paid to the Class A-5 Certificateholders. Any
such Accrued Certificate Interest on the Class A-5 Certificates which is
required to be paid to the holders of the Class A-7 Certificates, to the
extent of the Class A-7-5 Component, on the Class A-5 Accretion
Termination Date will be added to the Certificate Principal Balance of
the Class A-5 Certificates in the manner described in the first sentence
of this Section 4.02(f).
(g) In addition to the foregoing distributions, with respect to
any Mortgage Loan that was previously the subject of a Cash Liquidation
or an REO Disposition that resulted in a Realized Loss, in the event
that within two years of the date on which such Realized Loss was
determined to have occurred the Master Servicer receives amounts, which
the Master Servicer reasonably believes to represent subsequent
recoveries (net of any related liquidation expenses), or determines that
it holds surplus amounts previously reserved to cover estimated
expenses, specifically related to such Mortgage Loan (including, but not
limited to, recoveries in respect of the representations and warranties
made by the related Seller pursuant to the applicable Seller's Agreement
and assigned to the Trustee pursuant to Section 2.04), the Master
Servicer shall distribute such amounts to the applicable
Certificateholders of the Class or Classes to which such Realized Loss
was allocated (with the amounts to be distributed allocated among such
Classes in the same proportions as such Realized Loss was allocated),
and within each such Class to the Certificateholders of record
-34-
as of the Record Date immediately preceding the date of such
distribution (or if such Class of Certificates is no longer outstanding,
to the Certificateholders of record at the time that such Realized Loss
was allocated); provided that no such distribution to any Class of
Certificates of subsequent recoveries related to a Mortgage Loan shall
exceed, either individually or in the aggregate and together with any
other amounts paid in reimbursement therefor, the amount of the related
Realized Loss that was allocated to such Class of Certificates.
Notwithstanding the foregoing, no such distribution shall be made with
respect to the Certificates of any Class to the extent that either (i)
such Class was protected against the related Realized Loss pursuant to
any instrument or fund established under Section 11.01(e) or (ii) such
Class of Certificates has been deposited into a separate trust fund or
other structuring vehicle and separate certificates or other instruments
representing interests therein have been issued in one or more classes,
and any of such separate certificates or other instruments were
protected against the related Realized Loss pursuant to any limited
guaranty, payment obligation, irrevocable letter of credit, surety bond,
insurance policy or similar instrument or a reserve fund, or a
combination thereof. Any amount to be so distributed with respect to the
Certificates of any Class shall be distributed by the Master Servicer to
the Certificateholders of record as of the Record Date immediately
preceding the date of such distribution (i) with respect to the
Certificates of any Class (other than the Class A-V Certificates), on a
pro rata basis based on the Percentage Interest represented by each
Certificate of such Class as of such Record Date and (ii) with respect
to the Class A-V Certificates, to the Class A-V Certificates or any
Subclass thereof in the same proportion as the related Realized Loss was
allocated. Any amounts to be so distributed shall not be remitted to or
distributed from the Trust Fund, and shall constitute subsequent
recoveries with respect to Mortgage Loans that are no longer assets of
the Trust Fund.
(h) Each distribution with respect to a Book-Entry Certificate
shall be paid to the Depository, as Holder thereof, and the Depository
shall be solely responsible for crediting the amount of such
distribution to the accounts of its Depository Participants in
accordance with its normal procedures. Each Depository Participant shall
be responsible for disbursing such distribution to the Certificate
Owners that it represents and to each indirect participating brokerage
firm (a "brokerage firm") for which it acts as agent. Each brokerage
firm shall be responsible for disbursing funds to the Certificate Owners
that it represents. None of the Trustee, the Certificate Registrar, the
Company or the Master Servicer shall have any responsibility therefor.
(i) Except as otherwise provided in Section 9.01, if the Master
Servicer anticipates that a final distribution with respect to any Class
of Certificates will be made on the next Distribution Date, the Master
Servicer shall, no later than the Determination Date in the month of
such final distribution, notify the Trustee and the Trustee shall, no
later than two (2) Business Days after such Determination Date, mail on
such date to each Holder of such Class of Certificates a notice to the
effect that: (i) the Trustee anticipates that the final distribution
with respect to such Class of Certificates will be made on such
Distribution Date but only upon presentation and surrender of such
Certificates at the office of the Trustee or as otherwise specified
therein, and (ii) no interest shall accrue on such Certificates from and
after the end of the related Interest Accrual Period. In the event that
Certificateholders required to surrender their Certificates pursuant to
Section 9.01(c) do not surrender their
-35-
Certificates for final cancellation, the Trustee shall cause funds
distributable with respect to such Certificates to be withdrawn from the
Certificate Account and credited to a separate escrow account for the
benefit of such Certificateholders as provided in Section 9.01(d).
Section 4.03 Statements to Certificateholders. (See Section 4.03(a)
through (d) of the Standard Terms and Exhibit Three attached
hereto)
(e) The Trustee will make the reports referred to in this Section 4.03
(and, at its option, any additional files containing the same information in an
alternative format) available each month to Certificateholders and other parties
to the Agreement via the Trustee's website, which is presently located at
xxx.xxx.xxxxxxx.xxx. Persons that are unable to use the above website are
entitled to have a paper copy mailed to them via first class mail by calling the
Trustee at (000) 000-0000. The Trustee shall have the right to change the way
the reports referred to in this Section 4.03 are distributed in order to make
such distribution more convenient and/or more accessible to the above parties
and to the Certificateholders. The Trustee shall provide timely and adequate
notification to all the parties mentioned above and to the Certificateholders
regarding any such change.
Section 4.04 Distribution of Reports to the Trustee and the Company;
Advances by the Master Servicer. (See Section 4.04 of the
Standard Terms)
Section 4.05 Allocation of Realized Losses.
Prior to each Distribution Date, the Master Servicer shall determine the
total amount of Realized Losses, if any, that resulted from any Cash
Liquidation, Servicing Modification, Debt Service Reduction, Deficient Valuation
or REO Disposition that occurred during the related Prepayment Period or, in the
case of a Servicing Modification that constitutes a reduction of the interest
rate on a Mortgage Loan, the amount of the reduction in the interest portion of
the Monthly Payment due during the related Due Period. The amount of each
Realized Loss shall be evidenced by an Officers' Certificate. All Realized
Losses, other than Excess Special Hazard Losses, Extraordinary Losses, Excess
Bankruptcy Losses or Excess Fraud Losses, shall be allocated as follows: first,
to the Class B-3 Certificates until the Certificate Principal Balance thereof
has been reduced to zero; second, to the Class B-2 Certificates until the
Certificate Principal Balance thereof has been reduced to zero; third, to the
Class B-1 Certificates until the Certificate Principal Balance thereof has been
reduced to zero; fourth, to the Class M-3 Certificates until the Certificate
Principal Balance thereof has been reduced to zero; fifth, to the Class M-2
Certificates until the Certificate Principal Balance thereof has been reduced to
zero; sixth, to the Class M-1 Certificates until the Certificate Principal
Balance thereof has been reduced to zero; and, thereafter, if any such Realized
Losses are on a Discount Mortgage Loan, to the Class A-P Certificates in an
amount equal to the Discount Fraction of the principal portion thereof, and the
remainder of such Realized Losses on the Discount Mortgage Loans and the entire
amount of such Realized Losses on Non-Discount Mortgage Loans will be allocated
among all the Senior Certificates (other than the Class A-P Certificates) on a
pro rata basis, as described below. Any Excess Special Hazard Losses, Excess
Bankruptcy Losses, Excess Fraud Losses, Extraordinary Losses on Non-Discount
Mortgage Loans will be allocated among the Senior Certificates (other than the
Class A-P Certificates) and Subordinate Certificates, on a pro rata basis, as
described below. The principal portion of such Realized Losses on the Discount
Mortgage Loans will be allocated to the Class A-P Certificates in an amount
equal to the
-36-
Discount Fraction thereof and the remainder of such Realized Losses on the
Discount Mortgage Loans and the entire amount of such Realized Losses on
Non-Discount Mortgage Loans will be allocated among the Senior Certificates
(other than the Class A-P Certificates) and Subordinate Certificates, on a pro
rata basis, as described below.
As used herein, an allocation of a Realized Loss on a "pro rata basis"
among two or more specified Classes of Certificates means an allocation on a pro
rata basis, among the various Classes so specified, to each such Class of
Certificates on the basis of their then outstanding Certificate Principal
Balances prior to giving effect to distributions to be made on such Distribution
Date in the case of the principal portion of a Realized Loss or based on the
Accrued Certificate Interest thereon payable on such Distribution Date (without
regard to any Compensating Interest for such Distribution Date) in the case of
an interest portion of a Realized Loss; provided that, in determining the
Certificate Principal Balance of the Accrual Certificates for the purpose of
allocating any portion of a Realized Loss thereto, the Certificate Principal
Balance of the Accrual Certificates shall be deemed to be equal to the lesser of
(a) the original Certificate Principal Balance of such Certificate and (b) the
Certificate Principal Balance of such Certificate prior to giving effect to
distributions made on such Distribution Date. Except as provided in the
following sentence, any allocation of the principal portion of Realized Losses
(other than Debt Service Reductions) to a Class of Certificates shall be made by
reducing the Certificate Principal Balance thereof by the amount so allocated,
which allocation shall be deemed to have occurred on such Distribution Date. Any
allocation of the principal portion of Realized Losses (other than Debt Service
Reductions) to the Subordinate Certificates then outstanding with the Lowest
Priority shall be made by operation of the definition of "Certificate Principal
Balance" and by operation of the provisions of Section 4.02(a). Allocations of
the interest portions of Realized Losses shall be made in proportion to the
amount of Accrued Certificate Interest and by operation of the definition of
"Accrued Certificate Interest" and by operation of the provisions of Section
4.02(a). Allocations of the principal portion of Debt Service Reductions shall
be made by operation of the provisions of Section 4.02(a). All Realized Losses
and all other losses allocated to a Class of Certificates hereunder will be
allocated among the Certificates of such Class in proportion to the Percentage
Interests evidenced thereby; provided that if any Subclasses of the Class A-V
Certificates have been issued pursuant to Section 5.01(c), such Realized Losses
and other losses allocated to the Class A-V Certificates shall be allocated
among such Subclasses in proportion to the respective amounts of Accrued
Certificate Interest payable on such Distribution Date that would have resulted
absent such reductions.
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged
Property. (See Section 4.06 of the Standard Terms)
Section 4.07 Optional Purchase of Defaulted Mortgage Loans. (See
Section 4.07 of the Standard Terms)
Section 4.08 Surety Bond. (See Section 4.08 of the Standard Terms)
Section 4.09 Distributions on the Uncertificated REMIC I Regular
Interests.
(a) On each Distribution Date the Trustee shall be deemed to distribute
to itself, as the holder of the Uncertificated REMIC I Regular Interests, from
REMIC I, the following amounts in
-37-
the following order of priority to the extent of the Available Distribution
Amount reduced by distributions made to the Class R-I Certificates pursuant to
Section 4.02(a):
(i) Uncertificated REMIC I Accrued Interest on the Uncertificated
REMIC I Regular Interests for such Distribution Date, plus any
Uncertificated REMIC I Accrued Interest thereon remaining unpaid from
any previous Distribution Date; and
(ii) In accordance with the priority set forth in Section 4.09(b),
an amount equal to the sum of the amounts in respect of principal
distributable on the Class A-1 Certificates, Class A-2 Certificates,
Class A-3 Certificates, Class A-4 Certificates, Class A-5 Certificates,
Class A-6 Certificates, Class A-7 Certificates, Class A-P Certificates,
Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
Class B-1 Certificates, Class B-2 Certificates, Class B-3 Certificates
and Class R-II Certificates under Section 4.02(a), as allocated thereto
pursuant to Section 4.02(b).
(b) The amount described in Section 4.09(a)(ii) shall be deemed
distributed to (i) Uncertificated REMIC I Regular Interest R, (ii)
Uncertificated REMIC I Regular Interest S, (iii) Uncertificated REMIC I Regular
Interest T, (iv) Uncertificated REMIC I Regular Interest V, (v) Uncertificated
REMIC I Regular Interest W, (vi) Uncertificated REMIC I Regular Interest X, and
(vii) Uncertificated REMIC I Regular Interest Y with the amount to be
distributed allocated among such interests in accordance with the priority
assigned to the (i) Class A-1 Certificates, (ii) Class A-2 Certificates, (iii)
Class A-3 Certificates, Class A-5 Certificates and Class A-7-5 Component, (iv)
Class A-4 Certificates, (v) Class A-6 Certificates, (vi) Class M-1, Class M-2,
Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II Certificates and (vii)
Class A-P Certificates, respectively, under Section 4.02(b) until the
Uncertificated Principal Balance of each such interest is reduced to zero.
(c) The portion of the Uncertificated REMIC I Regular Interest
Distribution Amounts described in Section 4.09(a)(i) shall be deemed distributed
by REMIC I to REMIC II in accordance with the priority assigned to the REMIC II
Certificates relative to that assigned to the REMIC I Certificates under Section
4.02(b).
(d) In determining from time to time the Uncertificated REMIC I Regular
Interest Distribution Amounts, Realized Losses allocated to the Certificates
shall be allocated to Uncertificated REMIC I Regular Interests in the same
amounts and priorities as allocated to the Corresponding Certificated Interests.
(e) Notwithstanding the deemed distributions on the Uncertificated REMIC
I Regular Interests described in this Section 4.09, distributions of funds from
the Certificate Account shall be made only in accordance with Section 4.02.
Section 4.10 Distributions on the Uncertificated Class A-V REMIC
Regular Interests.
(a) On each Distribution Date, the Trustee shall be deemed to distribute
to itself, as the holder of the Uncertificated Class A-V REMIC Regular
Interests, from REMIC II, Uncertificated Class A-V REMIC Accrued Interest on the
Uncertificated Class A-V REMIC Regular Interests for
-38-
such Distribution Date, plus any Uncertificated Class A-V REMIC Accrued Interest
thereon remaining unpaid from any previous Distribution Date.
(b) In determining from time to time the Uncertificated Class A-V REMIC
Regular Interest Distribution Amounts, Realized Losses allocated to the Class
A-V Certificates under Section 4.05 shall be deemed allocated to Uncertificated
Class A-V REMIC Regular Interests on a pro rata basis based on the
Uncertificated Class A-V REMIC Accrued Interest for the related Distribution
Date.
(c) On each Distribution Date, the Trustee shall be deemed to distribute
from the Trust Fund, in the priority set forth in Sections 4.02(a), to the Class
A-V Certificates, the amounts distributable thereon from the Uncertificated
Class A-V REMIC Regular Interest Distribution Amounts deemed to have been
received by the Trustee from the Trust Fund under this Section 4.08. The amount
deemed distributable hereunder with respect to the Class A-V Certificates shall
equal 100% of the amounts payable with respect to the Uncertificated Class A-V
REMIC Regular Interests.
(d) Notwithstanding the deemed distributions on the Uncertificated Class
A-V REMIC Regular Interests described in this Section 4.10, distributions of
funds from the Certificate Account shall be made only in accordance with Section
4.02.
-39-
ARTICLE V
THE CERTIFICATES
(SEE ARTICLE V OF THE STANDARD TERMS)
-40-
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
(SEE ARTICLE VI OF THE STANDARD TERMS)
-41-
ARTICLE VII
DEFAULT
(SEE ARTICLE VII OF THE STANDARD TERMS)
-42-
ARTICLE VIII
CONCERNING THE TRUSTEE
(SEE ARTICLE VIII OF THE STANDARD TERMS)
-43-
ARTICLE IX
TERMINATION
(SEE ARTICLE IX OF THE STANDARD TERMS)
-44-
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration. (See Section 10.01 of the Standard
Terms)
Section 10.02 Master Servicer; REMIC Administrator and Trustee
Indemnification. (See Section 10.02 of the Standard Terms)
Section 10.03 Designation of REMIC(s).
The REMIC Administrator will make elections to treat each of REMIC I and
REMIC II, and subject to this Agreement (including the Mortgage Loans but
excluding the Initial Monthly Payment Fund) as a REMIC for federal income tax
purposes.
The Uncertificated REMIC I Regular Interests shall be designated as the
"regular interests" and the Class R-I Certificates shall be designated as the
sole class of "residual interest" in the REMIC I. The Class A-1, Class A-2,
Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-P, Class M-1,
Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates and the
rights in and to which will be represented by the Class A-V Certificates, will
be "regular interests" in REMIC II, and the Class R-II Certificates will be the
sole class of "residual interests" therein for purposes of the REMIC Provisions
(as defined in the Standard Terms) under federal income tax law. On and after
the date of issuance of any Subclass of Class A-V Certificates pursuant to
Section 5.01(c) of the Standard Terms, any such Subclass will represent the
Uncertificated Class A-V REMIC Regular Interest or Interests specified by the
initial Holder of the Class A-V Certificates pursuant to said Section.
Section 10.04 [Reserved].
Section 10.05 Compliance with Withholding Requirements.
Notwithstanding any other provision of this Agreement, the Trustee or
any Paying Agent, as applicable, shall comply with all federal withholding
requirements respecting payments to Certificateholders, including interest or
original interest discount payments or advances thereof that the Trustee or any
Paying Agent, as applicable, reasonably believes are applicable under the Code.
The consent of Certificateholders shall not be required for such withholding. In
the event the Trustee or any Paying Agent, as applicable, does withhold any
amount from interest or original issue discount payments or advances thereof to
any Certificateholder pursuant to federal withholding requirements, the Trustee
or any Paying Agent, as applicable, shall indicate the amount withheld to such
Certificateholder pursuant to the terms of such requirements.
-45-
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment. (See Section 11.01 of the Standard Terms)
Section 11.02 Recordation of Agreement. Counterparts. (See Section
11.02 of the Standard Terms)
Section 11.03 Limitation on Rights of Certificateholders. (See Section
11.03 of the Standard Terms)
Section 11.04 Governing Laws. (See Section 11.04 of the Standard Terms)
Section 11.05 Notices. All demands and notices hereunder shall be in
writing and shall be deemed to have been duly given if personally
delivered at or mailed by registered mail, postage prepaid
(except for notices to the Trustee which shall be deemed to have
been duly given only when received), to the appropriate address
for each recipient listed in the table below or, in each case,
such other address as may hereafter be furnished in writing to
the Master Servicer, the Trustee and the Company, as applicable:
RECIPIENT Address
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000, Xxxxxxxxxxx, Xxxxxxxxx 00000,
Company Attention: President
0000 X. Xxxxxxx Xxxxxx, Xxxxx 000
Xxxxxxx, Xxxxxxxxxx 00000-0000,
Master Servicer Attention: Managing Director/Master Servicing
Corporate Trust Office
The Trustee designates its offices located at
00 Xxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx
00000, for the purposes of Section 8.12
Trustee of the Standard Terms
One State Street Plaza
Fitch New York, New York 00000
00 Xxxxx Xxxxxx
Xxxxxxxx & Xxxx'x Xxx Xxxx, Xxx Xxxx 00000
Any notice required or permitted to be mailed to a Certificateholder shall be
given by first class mail, postage prepaid, at the address of such holder as
shown in the Certificate Register. Any notice so
-46-
mailed within the time prescribed in this Agreement shall be conclusively
presumed to have been duly given, whether or not the Certificateholder receives
such notice.
Section 11.06 Required Notices to Rating Agency and Subservicer. (See
Section 11.06 of the Standard Terms)
Section 11.07 Severability of Provisions. (See Section 11.07 of the
Standard Terms)
Section 11.08 Supplemental Provisions for Resecuritization. (See
Section 11.08 of the Standard Terms)
Section 11.09 Allocation of Voting Rights.
98% of all Voting Rights shall be allocated among Holders of
Certificates, other than the Class A-V Certificates and Class R Certificates, in
proportion to the outstanding Certificate Principal Balances of their respective
Certificates, 1.0% of all Voting Rights shall be allocated among the Holders of
the Class A-V Certificates in accordance with their respective Percentage
Interests; and 0.5% and 0.5% of all Voting Rights shall be allocated among the
Holders of the Class R-I Certificates and Class R-II Certificates, respectively,
in accordance with their respective Percentage Interests.
-47-
ARTICLE XII
[RESERVED]
-48-
IN WITNESS WHEREOF, the Company, the Master Servicer and the Trustee
have caused their names to be signed hereto by their respective officers
thereunto duly authorized and their respective seals, duly attested, to be
hereunto affixed, all as of the day and year first above written.
[Seal] RESIDENTIAL FUNDING MORTGAGE
SECURITIES I, INC.
Attest: By:
---------------------------------------
Name: Xxxx Xxxxxxxx Name: Xxxxx Xxx Xxx
Title: Vice President Title: Vice President
[Seal]
RESIDENTIAL FUNDING CORPORATION
Attest: By:
---------------------------------------
Name: Xxxxx Xxx Xxx Name: Xxxx Xxxxxxxx
Title: Director Title: Managing Director
[Seal] BANK ONE, NATIONAL ASSOCIATION
as Trustee
Attest:
---------------------------------------
Name: By:
-----------------------------
Title: Name: Xxxxx X. Xxxxxxxxxx
Title: Vice President
-1-
STATE OF MINNESOTA )
) ss.:
COUNTY OF HENNEPIN )
On the 30th day of May, 2001 before me, a notary public in and
for said State, personally appeared Xxxxx Xxx Xxx, known to me to be a Vice
President of Residential Funding Mortgage Securities I, Inc., one of the
corporations that executed the within instrument, and also known to me to be the
person who executed it on behalf of said corporation, and acknowledged to me
that such corporation executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.
Notary Public
-----------------
[Notarial Seal]
-2-
STATE OF MINNESOTA )
) ss.:
COUNTY OF HENNEPIN )
On the 30th day of May, 2001 before me, a notary public in and
for said State, personally appeared Xxxx Xxxxxxxx, known to me to be a Managing
Director of Residential Funding Corporation, one of the corporations that
executed the within instrument, and also known to me to be the person who
executed it on behalf of said corporation, and acknowledged to me that such
corporation executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.
Notary Public
------------------
[Notarial Seal]
-3-
STATE OF ILLINOIS )
) ss.:
COUNTY OF COOK )
On the 30th day of May, 2001 before me, a notary public in and
for said State, personally appeared Xxxxx X. Xxxxxxxxxx, known to me to be a
Vice President of Bank One, National Association, a national banking association
that executed the within instrument, and also known to me to be the person who
executed it on behalf of said banking corporation and acknowledged to me that
such banking corporation executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year in this certificate first above written.
Notary Public
-------------------
[Notarial Seal]
-4-
EXHIBIT ONE
MORTGAGE LOAN SCHEDULE
1
RUN ON : 05/24/01 RFC DISCLOSURE SYSTEM RFFSDFIX-01
AT : 13.45.09 FIXED PASSTHRU REPORT AMORTIZED BALANCE
SERIES : RFMSI 2001-S11 CUTOFF : 05/01/01
POOL : 0004503
:
:
POOL STATUS: F
RFC LOAN NUMBER SUB SERV FEE
PRINCIPAL BALANCE MSTR SERV FEE
CURR NOTE RATE ALL EXP
RFC NET RATE MISC EXP
NET MTG RATE(INVSTR RATE) SPREAD
POST STRIP RATE STRIP
--------------------------------------------------------------------------
4049520 .2500
175,513.37 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4095152 .2500
249,270.28 .0800
8.7500 .0000
8.5000 .0000
8.4200 .0000
6.7500 1.6700
4111893 .2500
193,856.02 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4166938 .2500
107,925.68 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4182701 .2500
89,826.65 .0800
8.2500 .0000
8.0000 .0000
7.9200 .0000
6.7500 1.1700
4224356 .2500
367,719.99 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4243079 .2500
451,656.07 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4250541 .2500
398,598.74 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4259044 .2500
79,837.90 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4288870 .2500
138,901.90 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4305511 .2500
405,395.50 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4307845 .2500
267,501.91 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4309751 .2500
375,440.16 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4310684 .2500
252,882.21 .0800
8.2500 .0000
8.0000 .0000
7.9200 .0000
6.7500 1.1700
1
4315544 .2500
273,874.21 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4321186 .2500
399,404.42 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4335095 .2500
478,786.07 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4344944 .2500
467,303.19 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4344995 .2500
116,830.10 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4346179 .2500
419,405.23 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4347294 .2500
409,680.16 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4349197 .2500
618,980.61 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
1
4353045 .2500
418,344.30 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4356004 .2500
648,938.76 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4358345 .2500
268,420.39 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4359097 .2500
423,693.12 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4360912 .2500
322,481.85 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4360993 .2500
131,233.51 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4361013 .2500
430,989.17 .0800
8.3750 .0000
8.1250 .0000
8.0450 .0000
6.7500 1.2950
4366131 .2500
570,543.37 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
1
4367616 .2500
509,621.51 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4374429 .2500
499,600.15 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4390205 .2500
359,719.16 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4390591 .2500
415,713.71 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4392267 .2500
87,044.40 .0800
8.2500 .0000
8.0000 .0000
7.9200 .0000
6.7500 1.1700
4398914 .2500
733,954.90 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4408621 .2500
373,715.41 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4411907 .2500
104,379.91 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
1
4419318 .2500
311,007.20 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4425025 .2500
599,520.18 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4425488 .2500
470,432.73 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4426320 .2500
347,741.73 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4427884 .2500
307,765.64 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4428312 .2500
351,757.76 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4430034 .2500
329,349.20 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4430500 .2500
319,756.50 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4432680 .2500
394,706.85 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4433241 .2500
355,420.03 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4436127 .2500
498,851.59 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4438543 .2500
399,603.22 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4438846 .2500
386,750.00 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4439006 .2500
333,727.91 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4439508 .2500
330,554.49 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4440376 .2500
648,543.77 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4440949 .2500
530,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4441306 .2500
139,106.60 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4442456 .2500
372,459.22 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4443550 .2500
299,765.97 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4445614 .2500
451,110.12 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4445642 .2500
323,494.67 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4445660 .2500
355,442.89 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4445672 .2500
310,501.11 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
1
4445677 .2500
323,480.26 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4445701 .2500
375,327.75 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4445735 .2500
327,549.23 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4445738 .2500
302,793.99 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4445775 .2500
305,521.14 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4445848 .2500
309,490.30 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4445881 .2500
559,056.37 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4445906 .2500
443,327.48 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4445909 .2500
306,694.91 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4445919 .2500
574,165.03 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4445928 .2500
174,732.86 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4454468 .2500
286,995.91 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4457459 .2500
350,732.92 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4459531 .2500
484,630.96 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4461240 .2500
349,740.24 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4463037 .2500
647,796.83 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
1
4463424 .2500
501,993.45 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4464016 .2500
312,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4464892 .2500
394,706.85 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4465443 .2500
514,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4465893 .2500
489,617.76 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4466041 .2500
535,200.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4468257 .2500
287,775.33 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4468365 .2500
429,656.14 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
1
4469143 .2500
398,986.06 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4469249 .2500
299,765.97 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4471226 .2500
750,000.00 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4472095 .2500
334,962.89 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4473689 .2500
638,493.15 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4474442 .2500
343,500.44 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4474619 .2500
629,014.11 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4474680 .2500
350,000.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4475350 .2500
227,693.13 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4479517 .2500
559,584.40 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4480292 .2500
365,307.64 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4482550 .2500
424,660.13 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4486348 .2500
166,129.67 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4487754 .2500
325,658.14 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4488232 .2500
423,625.91 .0300
6.6250 .0000
6.3750 .0000
6.3450 .0000
6.3450 .0000
4490548 .2500
370,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4490906 .2500
339,839.19 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4491869 .2500
396,462.84 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4492657 .2500
408,656.39 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4494167 .2500
367,424.11 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4495313 .2500
297,000.00 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4498740 .2500
380,288.02 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4499412 .2500
333,339.76 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4500218 .2500
99,929.42 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
1
4500633 .2500
320,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4500756 .2500
423,652.45 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4501123 .2500
439,673.46 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4501152 .2500
527,608.15 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4501655 .2500
410,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4502161 .2500
367,719.99 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4504014 .2500
350,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4505259 .2500
295,780.32 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4505317 .2500
319,731.16 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4507966 .2500
517,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4508694 .2500
393,927.12 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4511577 .2500
432,500.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4512426 .2500
441,763.60 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4516209 .2500
293,259.42 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4516336 .2500
91,438.61 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4516337 .2500
89,938.07 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
1
4517486 .2500
467,734.83 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4518786 .2500
699,453.94 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4522335 .2500
384,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4523798 .2500
298,772.48 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4524912 .2500
399,731.61 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4526578 .3750
483,941.49 .0800
7.2500 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4526594 .2500
424,121.78 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4526650 .2500
499,579.93 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
1
4526678 .2500
299,754.09 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4529357 .2500
287,025.92 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4529798 .2500
435,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4530269 .2500
456,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4530975 .2500
405,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4531783 .2500
449,631.14 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4532067 .2500
128,000.00 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4537044 .2500
331,753.61 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4537281 .2500
478,844.36 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4537695 .2500
346,935.81 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4538082 .2500
313,349.21 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4538130 .2500
380,388.83 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4538772 .2500
369,275.74 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4538980 .2500
459,632.14 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4539062 .2500
399,687.96 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4539564 .2500
559,614.61 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
1
4540689 .2500
311,450.74 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4542115 .2500
324,740.10 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4542603 .2500
345,349.86 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4543512 .2500
425,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4544784 .2500
158,193.39 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4544865 .2500
420,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4546044 .2500
571,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4548055 .2500
500,000.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4549046 .2500
299,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4549156 .2500
598,088.12 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4550662 .2500
307,952.16 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4550935 .2500
399,695.63 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4553065 .2500
318,938.35 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4553112 .2500
539,589.10 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4553199 .2500
699,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4553505 .2500
317,370.13 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4555578 .2500
109,000.00 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4555661 .2500
397,008.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4556511 .2500
374,721.70 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4557000 .2500
420,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4558205 .2500
335,900.00 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4558844 .2500
343,200.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4560073 .2500
610,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4560367 .2500
393,415.06 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4560386 .2500
577,071.42 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4560388 .2500
282,666.51 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4560422 .2500
402,685.62 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4560435 .2500
243,609.81 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4561562 .2500
325,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4565101 .2500
292,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4565954 .3750
349,720.11 .0300
7.1250 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4567403 .2500
312,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4568132 .2500
259,811.82 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4568148 .2500
467,634.92 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4568153 .2500
368,133.37 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4568163 .2500
327,731.14 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4568180 .2500
288,519.09 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4568617 .2500
392,429.31 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4568955 .2500
339,493.76 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4569636 .2500
399,624.79 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
1
4571094 .2500
300,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4571900 .2500
311,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4574019 .2500
599,483.41 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4574058 .2500
649,426.52 .0300
6.6250 .0000
6.3750 .0000
6.3450 .0000
6.3450 .0000
4574550 .2500
390,000.00 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4574932 .2500
325,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4575081 .2500
308,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4575344 .2500
313,755.04 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4576412 .2500
289,756.37 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4576454 .2500
374,714.66 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4576458 .2500
367,712.92 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4576467 .2500
427,712.82 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4576717 .2500
333,914.41 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4580343 .2500
314,772.01 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4580774 .2500
399,687.96 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4582682 .2500
365,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4583987 .2500
649,480.21 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4583997 .2500
629,496.20 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4584018 .2500
47,964.38 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4584059 .2500
376,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4585578 .2500
424,634.08 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4586894 .2500
322,977.58 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4587438 .2500
411,431.06 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4587698 .2500
428,345.12 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4587876 .2500
527,500.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4588550 .2500
428,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4588863 .2500
112,968.18 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4588879 .2500
344,531.03 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4589524 .2500
284,788.49 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4590413 .2500
459,649.97 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4591159 .2500
399,900.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4591603 .2500
594,500.12 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
1
4591610 .2500
388,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4591652 .2500
577,816.60 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4592017 .2500
330,968.23 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4592339 .2500
421,302.43 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4593551 .2500
379,703.56 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4597371 .2500
499,647.11 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4598321 .2500
359,726.07 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4598581 .2500
460,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4599845 .2500
127,196.77 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4599868 .2500
503,087.28 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4599873 .2500
936,321.82 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4599881 .2500
313,748.90 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4599916 .2500
274,790.74 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4599918 .2500
257,600.00 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4599947 .2500
299,782.87 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4600030 .2500
323,030.22 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4600048 .2500
414,699.63 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4600112 .2500
351,738.76 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4600516 .2500
610,059.31 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4600569 .2500
391,179.09 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4600710 .2500
557,070.18 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4602112 .2500
291,908.19 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4602954 .2500
339,421.55 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4602957 .2500
461,257.43 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4602958 .2500
297,500.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4603476 .2500
288,800.00 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4603861 .2500
339,739.28 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4603899 .2500
520,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4604659 .2500
439,565.27 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4605423 .2500
466,335.93 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4605638 .2500
351,751.56 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4605951 .2500
770,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4605953 .2500
469,642.37 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4607653 .2500
999,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4607664 .2500
450,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4607679 .2500
464,553.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4607686 .2500
295,763.29 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4607691 .2500
311,287.50 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4607707 .2500
53,162.45 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4607733 .2500
393,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4608068 .2500
360,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4608247 .2500
586,103.94 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4608483 .2500
387,016.50 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4609523 .2500
564,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4609637 .2500
388,218.81 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4609651 .2500
620,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4609737 .2500
289,600.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4609917 .2500
449,666.03 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4610139 .2500
123,935.70 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4610145 .2500
291,531.59 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4610151 .2500
311,762.59 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4610153 .2500
328,755.83 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4610158 .2500
349,215.87 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4610159 .2500
358,334.72 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4610164 .2500
365,546.97 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4610167 .2500
374,413.17 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4610170 .2500
389,404.65 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4610179 .2500
422,609.83 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4610189 .2500
343,965.32 .0800
8.8750 .0000
8.6250 .0000
8.5450 .0000
6.7500 1.7950
4610190 .2500
434,084.37 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4610192 .2500
578,400.34 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4610478 .2500
623,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4611520 .2500
480,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4612548 .2500
361,974.36 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4613133 .2500
401,086.78 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4613315 .2500
361,000.00 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4614096 .2500
337,500.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4614222 .2500
281,500.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4614947 .2500
620,000.00 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4615493 .2500
449,118.23 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4615533 .2500
385,050.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4615534 .2500
50,000.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4615915 .2500
102,927.31 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4616964 .2500
649,455.43 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4617168 .2500
490,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4618134 .2500
475,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4618354 .2500
475,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4618920 .2500
379,504.36 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4619847 .2500
361,500.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4619848 .2500
317,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4621258 .2500
262,200.00 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4621274 .2500
305,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4621294 .2500
380,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4621295 .2500
209,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4621304 .2500
475,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4622186 .2500
560,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4622666 .2500
380,400.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4623059 .2500
313,188.31 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
1
4623778 .2500
290,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4623929 .2500
377,500.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4624698 .2500
315,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4625122 .2500
443,355.24 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4625704 .2500
364,500.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4627780 .2500
350,500.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4627789 .2500
335,900.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4627814 .2500
424,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4629223 .2500
384,692.12 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4629591 .2500
353,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4630242 .2500
334,100.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4630257 .2500
480,787.31 .0800
8.3750 .0000
8.1250 .0000
8.0450 .0000
6.7500 1.2950
4630274 .2500
302,612.95 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4630294 .2500
510,679.49 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4630318 .2500
299,530.53 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4630343 .2500
380,946.01 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4630350 .2500
352,494.69 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4630852 .2500
600,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4631371 .2500
305,000.00 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4638274 .2500
450,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4638299 .2500
419,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4638312 .2500
399,999.00 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4638319 .2500
300,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4638625 .2500
289,750.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4638630 .2500
356,200.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4638633 .2500
358,450.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4638702 .2500
350,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4640105 .2500
231,000.00 .0800
8.2500 .0000
8.0000 .0000
7.9200 .0000
6.7500 1.1700
4641724 .2500
337,009.91 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4642230 .2500
399,999.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4642494 .2500
430,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4642716 .2500
273,902.22 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
1
4643970 .2500
298,389.28 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4644944 .2500
308,528.30 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4645926 .2500
467,500.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4646026 .2500
404,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4646027 .2500
370,000.00 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4646029 .2500
524,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4647044 .2500
500,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4647057 .2500
308,400.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4647079 .2500
430,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4647086 .2500
313,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4647401 .2500
404,000.00 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4647604 .2500
339,753.92 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4648934 .2500
381,430.60 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4649021 .2500
399,703.14 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4650903 .2500
311,768.45 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4651852 .2500
411,386.57 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4651866 .2500
399,703.14 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4652248 .2500
480,000.00 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4653330 .2500
348,150.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4654542 .2500
144,400.00 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4654545 .2500
500,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4654576 .2500
284,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4654593 .2500
357,950.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4654606 .2500
450,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
1
4654615 .2500
850,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4654621 .2500
60,000.00 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4654631 .2500
427,700.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4655011 .2500
470,654.49 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4655120 .2500
456,968.52 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
4655344 .2500
519,614.08 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4655354 .2500
460,964.95 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4655433 .2500
381,132.23 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
1
4655602 .2500
305,105.63 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4655904 .2500
367,500.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4655991 .2500
524,237.62 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4656173 .2500
558,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4656189 .2500
380,160.88 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4656326 .2500
376,895.20 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4656470 .2500
510,000.00 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4656888 .2500
384,750.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4657600 .2500
43,138.82 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4658091 .2500
311,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4658138 .2500
399,419.16 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4658234 .2500
452,404.40 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
4658358 .2500
383,428.26 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4658359 .2500
312,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4658802 .2500
363,466.24 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4659218 .2500
415,380.61 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4659708 .2500
340,000.00 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4660217 .2500
354,743.06 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660218 .2500
339,760.02 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4660222 .2500
149,888.67 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660225 .2500
436,459.25 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660226 .2500
389,717.73 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660232 .2500
326,163.76 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660234 .2500
485,889.97 .0800
8.2500 .0000
8.0000 .0000
7.9200 .0000
6.7500 1.1700
1
4660235 .2500
367,719.98 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660237 .2500
354,723.06 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660243 .2500
69,946.73 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660245 .2500
614,520.24 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660246 .2500
339,747.67 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660248 .2500
409,595.79 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660249 .2500
345,786.69 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660251 .2500
385,313.82 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4660252 .2500
160,889.19 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4660253 .2500
349,720.12 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4660257 .2500
347,741.73 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660261 .2500
362,230.97 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660262 .2500
206,089.10 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660267 .2500
522,660.53 .0300
6.8750 .0000
6.6250 .0000
6.5950 .0000
6.5950 .0000
4660276 .2500
399,695.62 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660279 .2500
498,565.24 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
1
4660281 .2500
281,785.41 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660284 .2500
367,227.26 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660285 .2500
324,856.38 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660287 .2500
526,128.40 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4660288 .2500
476,163.69 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4660289 .2500
340,140.98 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660293 .2500
177,861.14 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660297 .2500
316,270.92 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4660300 .2500
319,750.36 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660301 .2500
499,619.54 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660305 .2500
369,711.36 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660306 .2500
347,741.73 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660310 .2500
442,971.01 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660311 .2500
383,715.02 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660318 .2500
389,703.23 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660319 .2500
298,922.37 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4660321 .2500
300,770.96 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660325 .2500
217,860.99 .0800
8.2500 .0000
8.0000 .0000
7.9200 .0000
6.7500 1.1700
4660328 .2500
403,707.59 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660329 .2500
188,863.20 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660334 .2500
363,736.55 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660337 .2500
449,648.95 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660338 .2500
330,278.23 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4660340 .2500
406,905.28 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4660343 .2500
395,698.67 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660346 .2500
463,664.16 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660347 .2500
299,803.76 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
4660348 .2500
294,975.37 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660350 .2500
399,731.61 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4660351 .2500
319,744.10 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4660352 .2500
329,767.08 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4660356 .2500
371,709.80 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4660357 .2500
375,706.68 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660359 .2500
648,481.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4660360 .2500
362,737.26 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660365 .2500
622,237.87 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660371 .2500
149,880.05 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4660374 .2500
324,746.46 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660375 .2500
279,807.31 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4660377 .2500
469,651.19 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4660380 .2500
327,744.13 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660382 .2500
301,775.87 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660383 .2500
100,637.41 .0800
8.3750 .0000
8.1250 .0000
8.0450 .0000
6.7500 1.2950
4660385 .2500
302,164.10 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660387 .2500
311,756.60 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660395 .2500
322,142.18 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4660396 .2500
329,761.16 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660397 .2500
296,779.58 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4660401 .2500
399,703.14 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660402 .2500
79,940.63 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660405 .2500
381,316.80 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660406 .2500
401,723.35 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4660407 .2500
424,968.22 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660408 .2500
479,643.77 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660411 .2500
418,689.04 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660415 .2500
344,768.51 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
1
4660417 .2500
649,529.55 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660426 .2500
499,628.93 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660427 .2500
383,715.02 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660438 .2500
400,709.77 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660440 .2500
101,431.90 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4660441 .2500
314,766.22 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660446 .2500
531,633.88 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4660447 .2500
491,661.41 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
1
4660448 .2500
319,712.55 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660449 .2500
317,769.85 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660451 .2500
315,953.34 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660454 .2500
376,733.92 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4660455 .2500
527,577.77 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4660456 .2500
649,563.86 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4660458 .2500
309,370.23 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660462 .2500
506,642.16 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
1
4660464 .2500
310,791.32 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4660470 .2500
449,657.58 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660472 .2500
393,700.20 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660475 .2500
332,758.99 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660478 .2500
336,743.57 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660484 .2500
599,531.94 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660487 .2500
534,582.65 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660488 .2500
294,292.15 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
1
4660489 .2500
574,551.45 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660490 .2500
498,656.59 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4660494 .2500
399,717.68 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4660497 .2500
439,665.20 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660501 .2500
374,766.92 .0800
8.3750 .0000
8.1250 .0000
8.0450 .0000
6.7500 1.2950
4660503 .2500
559,573.89 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660504 .2500
374,921.55 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660507 .2500
399,717.68 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
1
4660509 .2500
134,902.29 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660511 .2500
214,832.28 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660513 .2500
296,196.02 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4660514 .2500
415,691.27 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660515 .2500
551,590.34 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660516 .2500
579,500.63 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4660520 .2500
459,641.16 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660521 .2500
303,815.83 .0800
8.5000 .0000
8.2500 .0000
8.1700 .0000
6.7500 1.4200
1
4660522 .2500
463,646.94 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660528 .2500
407,697.20 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660529 .2500
501,227.74 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660532 .2500
607,570.88 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4660533 .2500
346,129.77 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660534 .2500
349,746.68 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4660539 .2500
492,134.50 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4660542 .2500
351,751.56 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
1
4660544 .2500
319,756.51 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660546 .2500
399,655.67 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4660548 .2500
499,609.95 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4660555 .2500
443,486.77 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4661534 .2500
628,500.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4661650 .2500
556,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4662241 .2500
900,000.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4662247 .2500
225,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4662274 .2500
315,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4662282 .2500
616,700.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4662285 .2500
440,000.00 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4662290 .2500
528,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4662292 .2500
103,000.00 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4662317 .2500
192,000.00 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4662580 .2500
741,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4662681 .2500
296,568.71 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4662763 .2500
484,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4665435 .2500
307,759.73 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4665633 .2500
499,619.54 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4666024 .2500
400,000.00 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4666201 .2500
310,780.50 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4666590 .2500
456,602.48 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4667131 .2500
299,798.70 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4667469 .2500
749,414.92 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4667667 .2500
456,669.23 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4667681 .2500
344,369.24 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4667685 .2500
319,668.46 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4667721 .2500
325,781.26 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4667757 .2500
327,737.70 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4667759 .2500
624,547.63 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4667772 .2500
385,713.53 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4667773 .2500
426,041.42 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
1
4667774 .2500
405,691.06 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4667776 .2500
379,717.98 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4667779 .2500
302,769.44 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4667780 .2500
325,751.94 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4667807 .2500
475,628.67 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4667841 .2500
523,551.32 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4667869 .2500
325,786.75 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
4667889 .2500
351,751.56 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
1
4667917 .2500
434,708.12 .0800
8.0000 .0000
7.7500 .0000
7.6700 .0000
6.7500 .9200
4667940 .2500
299,782.87 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4667943 .2500
549,591.82 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4668376 .2500
482,632.48 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4668392 .2500
303,774.39 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4668639 .2500
313,655.13 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4668968 .2500
416,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4669329 .2500
364,000.00 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
1
4669637 .2500
324,650.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4669639 .2500
364,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4669640 .2500
460,000.00 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4669671 .2500
335,500.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4669803 .2500
419,680.41 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4670550 .2500
335,737.88 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4671044 .2500
388,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4671052 .2500
445,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4671060 .2500
296,000.00 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4671075 .2500
585,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4671296 .2500
324,564.91 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4671340 .2500
305,850.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4671344 .2500
345,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4671349 .2500
315,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4671586 .2500
436,675.68 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4672017 .2500
307,728.26 .0300
6.6250 .0000
6.3750 .0000
6.3450 .0000
6.3450 .0000
1
4672481 .2500
275,000.00 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4672911 .2500
429,672.81 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4672928 .2500
340,740.53 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4673324 .2500
534,592.91 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4673808 .2500
524,218.30 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4674466 .2500
351,069.56 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
4674723 .2500
325,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4674899 .2500
602,041.54 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4675051 .2500
351,171.24 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4675825 .2500
309,305.50 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4677129 .2500
412,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4677429 .2500
365,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4678803 .2500
481,500.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4678812 .2500
475,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4678993 .2500
348,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4679211 .2500
498,397.98 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
1
4679296 .2500
300,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4679305 .2500
359,400.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4679308 .2500
246,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4679311 .2500
408,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4679548 .2500
424,676.61 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4679839 .2500
299,530.53 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4680042 .2500
384,969.44 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
4680652 .2500
596,111.11 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4681941 .2500
388,711.31 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4682007 .2500
471,640.84 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4683395 .2500
435,476.57 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4683413 .2500
377,613.63 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4683512 .2500
517,605.84 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4684009 .2500
354,736.54 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4684130 .2500
483,600.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4684140 .2500
360,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4684204 .2500
424,116.79 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4686356 .2500
430,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4686367 .2500
391,600.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4686387 .2500
520,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4686398 .2500
300,900.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4686404 .2500
326,500.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4686406 .2500
499,000.00 .0300
7.0000 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4686460 .2500
368,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
1
4686551 .2500
649,517.61 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4686569 .2500
296,579.41 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4686583 .2500
367,424.11 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4686723 .2500
321,278.60 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4686725 .2500
311,523.72 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4686796 .2500
547,184.06 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4686902 .2500
281,080.87 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4688212 .2500
300,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4688711 .2500
348,553.82 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4689569 .2500
359,193.47 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4689704 .2500
478,577.95 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4689785 .2500
466,977.37 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4689944 .2500
311,590.44 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
4689977 .2500
292,298.70 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4690758 .2500
424,300.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4691006 .2500
306,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4691525 .2500
299,793.54 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4692061 .2500
335,664.39 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4692569 .2500
322,500.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4692605 .2500
525,300.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4694490 .2500
350,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4694537 .2500
76,500.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4694684 .2500
372,350.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4694798 .2500
641,800.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4694815 .2500
320,000.00 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4694858 .2500
321,249.20 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4695278 .2500
399,687.96 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4695742 .2500
345,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4697743 .2500
371,300.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4698088 .2500
324,359.10 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4698211 .2500
364,735.82 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4698403 .2500
349,740.25 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
1
4698625 .2500
539,599.24 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4698714 .2500
343,744.70 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4698886 .2500
384,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4698889 .2500
330,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4699936 .2500
1,000,000.00 .0800
7.3000 .0000
7.0500 .0000
6.9700 .0000
6.7500 .2200
4701844 .2500
460,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4701870 .2500
333,700.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4701875 .2500
357,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4701901 .2500
408,000.00 .0800
8.1250 .0000
7.8750 .0000
7.7950 .0000
6.7500 1.0450
4701903 .2500
275,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4701979 .2500
500,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4702996 .2500
413,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4703129 .2500
328,000.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4703134 .2500
366,100.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4703142 .2500
328,800.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4703144 .2500
290,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4703150 .2500
672,200.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4705594 .2500
460,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4706242 .2500
213,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4708091 .2500
343,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4709928 .2500
359,350.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4709935 .2500
290,200.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4709943 .2500
835,000.00 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4709948 .2500
352,500.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4713194 .2500
336,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4714560 .5000
395,713.38 .0800
7.6250 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4714574 .5000
455,494.17 .0800
8.0000 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4714581 .5000
498,470.73 .0800
7.6250 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4714582 .5000
947,286.17 .0800
7.5000 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4714664 .5000
540,000.00 .0300
7.2500 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4714672 .5000
540,000.00 .0300
7.2500 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4714673 .5000
568,000.00 .0300
7.2500 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
1
4714689 .3750
624,000.00 .0300
7.1250 .0000
6.7500 .0000
6.7200 .0000
6.7200 .0000
4716026 .2500
543,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4716030 .2500
511,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4716036 .2500
318,500.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4716238 .2500
310,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4719375 .2500
296,800.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4721702 .2500
311,200.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4721704 .2500
505,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4721707 .2500
392,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4723624 .2500
414,600.00 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4724833 .2500
341,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4727587 .2500
210,000.00 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4728680 .2500
557,400.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4728686 .2500
421,900.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4737439 .2500
440,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4737444 .2500
572,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4739047 .2500
372,000.00 .0300
6.7500 .0000
6.5000 .0000
6.4700 .0000
6.4700 .0000
4742868 .2500
314,400.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4742871 .2500
550,000.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4742872 .2500
620,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4745261 .2500
330,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4745262 .2500
505,000.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4745263 .2500
307,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4753524 .2500
378,500.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4754171 .2500
600,000.00 .0800
7.6250 .0000
7.3750 .0000
7.2950 .0000
6.7500 .5450
4754334 .2500
287,600.00 .0800
7.1250 .0000
6.8750 .0000
6.7950 .0000
6.7500 .0450
4755512 .2500
429,900.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4759674 .2500
874,382.43 .0800
7.7500 .0000
7.5000 .0000
7.4200 .0000
6.7500 .6700
4761164 .2500
365,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4762630 .2500
325,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4764272 .2500
460,000.00 .0800
7.8750 .0000
7.6250 .0000
7.5450 .0000
6.7500 .7950
4764507 .2500
392,700.95 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
1
4764938 .2500
284,718.33 .0800
8.2500 .0000
8.0000 .0000
7.9200 .0000
6.7500 1.1700
4765436 .2500
353,923.69 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4766423 .2500
524,000.00 .0800
7.3750 .0000
7.1250 .0000
7.0450 .0000
6.7500 .2950
4766962 .2500
360,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4769225 .2500
388,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
4771486 .2500
490,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4772183 .2500
368,000.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
4773024 .2500
375,750.00 .0800
7.2500 .0000
7.0000 .0000
6.9200 .0000
6.7500 .1700
1
4783195 .2500
216,000.00 .0800
7.5000 .0000
7.2500 .0000
7.1700 .0000
6.7500 .4200
TOTAL NUMBER OF LOANS: 727
TOTAL BALANCE........: 284,785,977.73
1
RUN ON : 05/24/01 RFC DISCLOSURE SYSTEM RFFSDFIX-01
AT : 13.45.09 INITIAL SECURITY FEES AMORTIZED BALANCE
SERIES : RFMSI 2001-S11 FIXED SUMMARY REPORT CUTOFF : 05/01/01
POOL : 0004503
:
:
POOL STATUS: F
WEIGHTED AVERAGES FROM TO
--------------------------------------------------------------------------
CURR NOTE RATE 7.4159 6.6250 8.8750
RFC NET RATE 7.1618 6.3750 8.6250
NET MTG RATE(INVSTR RATE) 7.0861 6.3450 8.5450
POST STRIP RATE 6.7386 6.3450 6.7500
SUB SERV FEE .2541 .2500 .5000
MSTR SERV FEE .0757 .0300 .0800
ALL EXP .0000 .0000 .0000
MISC EXP .0000 .0000 .0000
SPREAD .0000 .0000 .0000
STRIP .3475 .0000 1.7950
TOTAL NUMBER OF LOANS: 727
TOTAL BALANCE........: 284,785,977.73
***************************
* END OF REPORT *
***************************
1
RUN ON : 05/24/01 RFC DISCLOSURE SYSTEM RFFSD177-01
AT : 13.45.09 FIXED RATE LOAN LISTING AMORTIZED BALANCE
SERIES : RFMSI 2001-S11 CUTOFF : 05/01/01
POOL : 0004503
:
:
POOL STATUS: F
RFC LOAN # S/S CODE PMT TYPE ORIGINAL BAL LOAN FEATURE
ORIG TERM PRINCIPAL BAL # OF UNITS
ORIG RATE ORIGINAL P+I LTV
CURR NET CURRENT P+I
CITY STATE ZIP LOAN PURP NOTE DATE MI CO CODE
SERVICER LOAN # PROP TYPE 1ST PMT DATE MI CVG
SELLER LOAN # OCCP CODE MATURITY DATE
INVESTOR LOAN #
______________________________________________________________________________
4049520 F96/G01 F 175,750.00 ZZ
360 175,513.37 1
8.000 1,289.59 95
7.750 1,289.59
KEARNY NJ 07032 1 02/26/01 12
0432641215 05 04/01/01 30
0004152 O 03/01/31
0
4095152 526/526 F 250,000.00 T
360 249,270.28 1
8.750 1,966.75 31
8.500 1,966.75
MESA AZ 85205 5 11/02/00 00
0429158 03 01/01/01 0
0429158 O 12/01/30
0
4111893 T44/G01 F 194,000.00 ZZ
360 193,856.02 1
7.500 1,356.48 80
7.250 1,356.48
ROCKLIN CA 95677 5 03/21/01 00
0432739118 05 05/01/01 0
1004677 O 04/01/31
0
4166938 966/G01 F 108,000.00 ZZ
360 107,925.68 1
7.875 783.07 63
7.625 783.07
SACHSE TX 75048 2 03/28/01 00
0432703973 05 05/01/01 0
1
40015372 O 04/01/31
0
4182701 B60/G01 F 90,000.00 ZZ
360 89,826.65 1
8.250 676.14 72
8.000 676.14
UNION ME 04862 5 01/14/01 00
0432583151 05 03/01/01 0
307265 O 02/01/31
0
4224356 T44/G01 F 368,000.00 ZZ
360 367,719.99 1
7.375 2,541.68 80
7.125 2,541.68
MERCER ISLAND WA 98040 1 03/23/01 00
0432742039 05 05/01/01 0
1001645 O 04/01/31
0
4243079 E23/G01 F 452,000.00 ZZ
360 451,656.07 1
7.375 3,121.85 80
7.125 3,121.85
LONG BEACH CA 90803 1 03/26/01 00
0432765261 05 05/01/01 0
51001966 O 04/01/31
0
4250541 956/G01 F 399,450.00 ZZ
360 398,598.74 2
7.750 2,861.71 85
7.500 2,861.71
CHICAGO IL 60607 1 01/25/01 04
0432594745 07 03/01/01 12
2310120137 O 02/01/31
0
4259044 E22/G01 F 80,000.00 ZZ
360 79,837.90 1
8.000 587.01 89
7.750 587.01
JAMESTOWN KY 42629 2 01/25/01 11
0412313785 05 03/01/01 25
0412313785 O 02/01/31
0
1
4288870 E85/G01 F 139,000.00 ZZ
360 138,901.90 1
7.750 995.81 74
7.500 995.81
SANTA ROSA CA 95403 2 03/13/01 00
0432700995 09 05/01/01 0
9609403 O 04/01/31
0
4305511 575/G01 F 406,000.00 ZZ
360 405,395.50 1
7.500 2,838.81 77
7.250 2,838.81
ALEXANDRIA VA 22302 2 02/27/01 00
0432713816 05 04/01/01 0
9478785 O 03/01/31
0
4307845 025/025 F 268,650.00 ZZ
360 267,501.91 1
8.000 1,971.26 78
7.750 1,971.26
CHESAPEAKE VA 23322 2 11/10/00 00
0137833208 05 01/01/01 0
0137833208 O 12/01/30
0
4309751 964/G01 F 376,000.00 ZZ
360 375,440.16 1
7.500 2,629.05 57
7.250 2,629.05
ELK GROVE CA 95624 4 02/26/01 00
0432669729 05 04/01/01 0
105332 O 03/01/31
0
4310684 025/025 F 256,000.00 ZZ
360 252,882.21 1
8.250 1,923.25 80
8.000 1,923.25
WALDORF MD 20603 2 10/29/99 00
0137545257 05 12/01/99 0
0137545257 O 11/01/29
0
4315544 025/025 F 275,000.00 ZZ
360 273,874.21 1
8.000 2,017.86 67
7.750 2,017.86
1
RALEIGH NC 27613 1 10/30/00 00
0138421888 05 12/01/00 0
0138421888 O 11/01/30
0
4321186 964/G01 F 400,000.00 ZZ
360 399,404.42 1
7.500 2,796.86 28
7.250 2,796.86
CUPERTINO CA 95014 5 02/27/01 00
0432762391 03 04/01/01 0
400105371 O 03/01/31
0
4335095 E84/G01 F 479,500.00 ZZ
360 478,786.07 1
7.500 3,352.73 70
7.250 3,352.73
GAITHERSBURG MD 20878 2 02/20/01 00
0432706356 05 04/01/01 0
65110259 O 03/01/31
0
4344944 575/G01 F 468,000.00 ZZ
360 467,303.19 1
7.500 3,272.32 78
7.250 3,272.32
ROCKVILLE MD 20850 2 02/23/01 00
0432700128 03 04/01/01 0
9479296 O 03/01/31
0
4344995 A52/G01 F 117,000.00 ZZ
360 116,830.10 1
7.625 828.12 87
7.375 828.12
SUGAR HILL GA 30518 2 02/20/01 11
0432677714 05 04/01/01 25
13990 O 03/01/31
0
4346179 964/G01 F 420,000.00 ZZ
360 419,405.23 1
7.750 3,008.93 44
7.500 3,008.93
SARATOGA CA 95070 5 02/26/01 00
0432670156 05 04/01/01 0
400106834 O 03/01/31
0
1
4347294 825/G01 F 410,000.00 ZZ
360 409,680.16 1
7.250 2,796.92 80
7.000 2,796.92
CRESTED BUTTE CO 81224 2 03/16/01 00
0432695963 05 05/01/01 0
13239 O 04/01/31
0
4349197 B60/G01 F 620,000.00 ZZ
360 618,980.61 1
7.000 4,124.88 80
6.750 4,124.88
DIAMOND BAR CA 91765 2 02/09/01 00
0432641967 03 04/01/01 0
312453 O 03/01/31
0
4353045 T35/G01 F 419,000.00 ZZ
360 418,344.30 1
7.250 2,858.32 63
7.000 2,858.32
STAMFORD CT 06903 5 02/23/01 00
0400379723 05 04/01/01 0
0400379723 O 03/01/31
0
4356004 738/G01 F 649,950.00 ZZ
347 648,938.76 1
7.750 4,701.17 70
7.500 4,701.17
LAKE WORTH FL 33460 4 03/01/01 00
0432772564 05 04/01/01 0
5269620 O 02/01/30
0
4358345 E22/G01 F 268,850.00 ZZ
360 268,420.39 1
8.000 1,972.73 95
7.750 1,972.73
CALEDONIA MI 49316 1 02/20/01 04
0412386294 29 04/01/01 30
0412386294 O 03/01/31
0
4359097 757/G01 F 424,000.00 ZZ
360 423,693.12 1
1
7.625 3,001.05 80
7.375 3,001.05
HANOVER NH 03755 1 03/30/01 00
0432716512 05 05/01/01 0
2WEIDMAN O 04/01/31
0
4360912 286/286 F 323,000.00 ZZ
360 322,481.85 1
7.125 2,176.12 92
6.875 2,176.12
RALEIGH NC 27606 1 02/01/01 12
256489 05 04/01/01 30
256489 O 03/01/31
0
4360993 286/286 F 131,500.00 ZZ
360 131,233.51 1
8.000 964.91 33
7.750 964.91
GAHANNA OH 43230 5 01/22/01 00
213504 05 03/01/01 0
213504 O 02/01/31
0
4361013 286/286 F 431,800.00 ZZ
360 430,989.17 1
8.375 3,282.00 85
8.125 3,282.00
SCOTTSDALE AZ 85259 1 01/26/01 11
237031 05 03/01/01 12
237031 O 02/01/31
0
4366131 116/116 F 571,000.00 ZZ
360 570,543.37 1
7.125 3,846.94 80
6.875 3,846.94
BELLAIRE TX 77401 2 03/02/01 00
091069284 05 05/01/01 0
091069284 O 04/01/31
0
4367616 964/G01 F 510,000.00 ZZ
360 509,621.51 1
7.500 3,565.99 61
7.250 3,565.99
SUNNYVALE CA 94087 5 03/01/01 00
0432674331 05 05/01/01 0
1
400106520 O 04/01/31
0
4374429 116/116 F 500,000.00 ZZ
360 499,600.15 1
7.125 3,368.60 80
6.875 3,368.60
HOUSTON TX 77019 1 03/01/01 00
091069341 05 05/01/01 0
091069341 O 04/01/31
0
4390205 944/G01 F 360,000.00 ZZ
360 359,719.16 1
7.250 2,455.84 80
7.000 2,455.84
EUGENE OR 97408 1 03/02/01 00
0432667715 05 05/01/01 0
W88003677 O 04/01/31
0
4390591 624/G01 F 416,000.00 ZZ
360 415,713.71 1
7.875 3,016.29 80
7.625 3,016.29
REDONDO BEACH CA 90277 1 03/28/01 00
0432701563 01 05/01/01 0
72016610756F O 04/01/31
0
4392267 K15/G01 F 87,200.00 ZZ
360 87,044.40 1
8.250 655.10 73
8.000 655.10
ZEELAND MI 49464 5 03/06/01 00
0432641843 05 05/01/01 0
035905302504 O 04/01/31
0
4398914 624/G01 F 734,500.00 ZZ
360 733,954.90 1
7.500 5,135.73 65
7.250 5,135.73
NEWPORT COAST A CA 92657 2 03/27/01 00
0432712438 29 05/01/01 0
35008710013F O 04/01/31
0
1
4408621 E23/G01 F 374,000.00 ZZ
360 373,715.41 1
7.375 2,583.13 76
7.125 2,583.13
JAMUL CA 91935 5 03/28/01 00
0432700979 05 05/01/01 0
11002252 O 04/01/31
0
4411907 E66/G01 F 104,450.00 ZZ
360 104,379.91 1
8.000 766.42 83
7.750 766.42
SIMPSONVILLE SC 29681 2 03/09/01 14
0432743243 03 05/01/01 20
600607121 O 04/01/31
0
4419318 E85/G01 F 311,250.00 ZZ
360 311,007.20 1
7.250 2,123.27 75
7.000 2,123.27
SAN BRUNO CA 94066 5 03/27/01 00
0432759330 05 05/01/01 0
9609384 O 04/01/31
0
4425025 253/253 F 600,000.00 ZZ
360 599,520.18 1
7.125 4,042.32 80
6.875 4,042.32
ARLINGTON TX 76016 1 03/09/01 00
964429 05 05/01/01 0
964429 O 04/01/31
0
4425488 116/116 F 470,800.00 ZZ
360 470,432.73 1
7.250 3,211.69 80
7.000 3,211.69
HOUSTON TX 77057 1 03/16/01 00
091069216 03 05/01/01 0
091069216 O 04/01/31
0
4426320 964/G01 F 348,000.00 ZZ
360 347,741.73 1
7.500 2,433.27 80
7.250 2,433.27
1
SEAL BEACH CA 90740 2 03/14/01 00
0432776995 05 05/01/01 0
111438 O 04/01/31
0
4427884 975/G01 F 308,000.00 ZZ
360 307,765.64 1
7.375 2,127.28 79
7.125 2,127.28
GLENDALE CA 91214 2 03/09/01 00
0432748531 05 05/01/01 0
2010839 O 04/01/31
0
4428312 964/G01 F 352,000.00 ZZ
360 351,757.76 1
7.875 2,552.24 80
7.625 2,552.24
REDONDO BEACH CA 90277 2 03/08/01 00
0432719359 05 05/01/01 0
103630 O 04/01/31
0
4430034 575/G01 F 329,600.00 ZZ
360 329,349.20 1
7.375 2,276.47 80
7.125 2,276.47
BLUEMONT VA 20135 2 03/22/01 00
0432755072 05 05/01/01 0
11902558 O 04/01/31
0
4430500 163/G01 F 320,000.00 ZZ
360 319,756.50 1
7.375 2,210.17 63
7.125 2,210.17
NORTH BRUNSWICK NJ 08902 5 03/23/01 00
0432741668 05 05/01/01 0
1000243734 O 04/01/31
0
4432680 B57/G01 F 395,000.00 ZZ
360 394,706.85 1
7.500 2,761.90 55
7.250 2,761.90
LOS ANGELES CA 91604 2 03/02/01 00
0432676351 05 05/01/01 0
2111599 O 04/01/31
0
1
4433241 420/G01 F 355,950.00 ZZ
360 355,420.03 1
7.500 2,488.85 80
7.250 2,488.85
VALLEJO CA 94589 1 02/22/01 00
0432738847 05 04/01/01 0
81000076 O 03/01/31
0
4436127 025/025 F 500,000.00 ZZ
360 498,851.59 2
7.375 3,453.38 80
7.125 3,453.38
LOS ANGELES CA 90035 1 01/08/01 00
138602677 05 03/01/01 0
138602677 O 02/01/31
0
4438543 964/G01 F 399,900.00 ZZ
360 399,603.22 1
7.500 2,796.16 58
7.250 2,796.16
WALNUT CREEK CA 94596 1 03/14/01 00
0432708022 03 05/01/01 0
108314 O 04/01/31
0
4438846 575/G01 F 386,750.00 ZZ
360 386,750.00 4
7.750 2,770.72 85
7.500 2,770.72
SKOKIE IL 60076 1 04/02/01 11
0432768687 05 06/01/01 12
11906229 O 05/01/31
0
4439006 026/G01 F 333,995.00 ZZ
360 333,727.91 1
7.125 2,250.19 80
6.875 2,250.19
KENNESAW GA 30152 1 03/05/01 00
0432772267 03 05/01/01 0
0200848861 O 04/01/31
0
4439508 L75/G01 F 330,800.00 ZZ
360 330,554.49 1
1
7.500 2,313.01 80
7.250 2,313.01
RALEIGH NC 27608 1 03/30/01 00
0432717056 05 05/01/01 0
MC00011000997 O 04/01/31
0
4440376 025/025 F 650,000.00 ZZ
360 648,543.77 1
7.500 4,544.89 51
7.250 4,544.89
PLEASANTON CA 94566 1 01/04/01 00
0075843 03 03/01/01 0
0075843 O 02/01/31
0
4440949 D03/D03 F 530,000.00 ZZ
360 530,000.00 1
7.375 3,660.58 59
7.125 3,660.58
MENLO PARK CA 94025 5 04/10/01 00
1100945 05 06/01/01 0
1100945 O 05/01/31
0
4441306 K69/G01 F 139,200.00 ZZ
360 139,106.60 1
8.000 1,021.40 80
7.750 1,021.40
PALATINE IL 60067 1 03/19/01 00
0432682409 05 05/01/01 0
0125311010092 O 04/01/31
0
4442456 Q46/G01 F 372,750.00 ZZ
360 372,459.22 1
7.250 2,542.81 75
7.000 2,542.81
CHANDLER AZ 85248 2 03/19/01 00
0432713857 03 05/01/01 0
B01103029 O 04/01/31
0
4443550 P60/G01 F 300,000.00 ZZ
360 299,765.97 1
7.250 2,046.53 78
7.000 2,046.53
ONSTED MI 49265 1 03/22/01 00
0432729333 05 05/01/01 0
1
6100055663 O 04/01/31
0
4445614 286/286 F 452,000.00 ZZ
360 451,110.12 1
7.000 3,007.17 64
6.750 3,007.17
AURORA CO 80016 5 02/21/01 00
229943 03 04/01/01 0
229943 O 03/01/31
0
4445642 286/286 F 324,000.00 ZZ
360 323,494.67 1
7.875 2,349.23 80
7.625 2,349.23
WARWICK NY 10990 1 02/23/01 00
178728 03 04/01/01 0
178728 O 03/01/31
0
4445660 286/286 F 356,000.00 ZZ
360 355,442.89 1
7.250 2,428.55 80
7.000 2,428.55
MEDIA PA 19063 2 02/21/01 00
234965 05 04/01/01 0
234965 O 03/01/31
0
4445672 286/286 F 311,000.00 ZZ
360 310,501.11 1
7.125 2,095.27 76
6.875 2,095.27
POTOMAC MD 20854 1 02/27/01 00
147057 05 04/01/01 0
147057 O 03/01/31
0
4445677 286/286 F 324,000.00 ZZ
360 323,480.26 1
7.125 2,182.85 80
6.875 2,182.85
VIENNA VA 22182 1 02/26/01 00
250097 05 04/01/01 0
250097 O 03/01/31
0
1
4445701 286/286 F 376,000.00 ZZ
360 375,327.75 1
7.250 2,564.99 80
7.000 2,564.99
LOTHIAN MD 20711 1 02/15/01 00
257133 05 04/01/01 0
257133 O 03/01/31
0
4445735 286/286 F 328,050.00 ZZ
360 327,549.23 1
7.375 2,265.76 45
7.125 2,265.76
LEAGUE CITY TX 77573 2 02/02/01 00
225550 03 04/01/01 0
225550 O 03/01/31
0
4445738 286/286 F 303,600.00 ZZ
360 302,793.99 1
7.250 2,071.09 66
7.000 2,071.09
SOUTH LYON MI 48178 2 02/21/01 00
263734 05 04/01/01 0
263734 O 03/01/31
0
4445775 286/286 F 306,000.00 ZZ
360 305,521.14 1
7.250 2,087.46 70
7.000 2,087.46
CHESTERFIELD MO 63005 2 02/15/01 00
237702 03 04/01/01 0
237702 O 03/01/31
0
4445848 286/286 F 310,000.00 ZZ
360 309,490.30 1
7.000 2,062.44 63
6.750 2,062.44
ANNAPOLIS MD 21401 1 02/26/01 00
9969432 03 04/01/01 0
9969432 O 03/01/31
0
4445881 286/286 F 560,000.00 ZZ
360 559,056.37 1
6.875 3,678.80 63
6.625 3,678.80
1
SAN MATEO CA 94403 2 02/15/01 00
9801367 05 04/01/01 0
9801367 O 03/01/31
0
4445906 286/286 F 450,000.00 ZZ
360 443,327.48 1
7.625 3,185.07 49
7.375 3,185.07
FREMONT CA 94536 5 02/13/01 00
9807055 05 04/01/01 0
9807055 O 03/01/31
0
4445909 286/286 F 307,200.00 ZZ
360 306,694.91 1
7.000 2,043.81 80
6.750 2,043.81
DRIPPING SPRING TX 78620 1 02/27/01 00
9957343 03 04/01/01 0
9957343 O 03/01/31
0
4445919 286/286 F 575,000.00 ZZ
360 574,165.03 1
7.625 4,069.81 53
7.375 4,069.81
DEL MAR CA 92014 2 02/20/01 00
9804696 05 04/01/01 0
9804696 O 03/01/31
0
4445928 286/286 F 175,000.00 ZZ
360 174,732.86 1
7.375 1,208.68 64
7.125 1,208.68
PORTLAND OR 97212 2 02/06/01 00
9796157 05 04/01/01 0
9796157 O 03/01/31
0
4454468 025/025 F 288,000.00 ZZ
360 286,995.91 1
7.875 2,088.20 90
7.625 2,088.20
TRACY CA 95376 1 11/20/00 19
138626098 05 01/01/01 25
138626098 O 12/01/30
0
1
4457459 U80/U80 F 351,000.00 ZZ
360 350,732.92 1
7.375 2,424.27 90
7.125 2,424.27
LEXINGTON SC 29072 1 03/21/01 04
10000631 05 05/01/01 25
10000631 O 04/01/31
0
4459531 964/G01 F 485,000.00 ZZ
360 484,630.96 1
7.375 3,349.77 59
7.125 3,349.77
SAN FRANCISCO CA 94131 5 03/21/01 00
0432728657 05 05/01/01 0
110074 O 04/01/31
0
4461240 253/253 F 350,000.00 ZZ
360 349,740.24 1
7.500 2,447.26 77
7.250 2,447.26
SAN JOSE CA 95111 2 03/26/01 00
965343 05 05/01/01 0
965343 O 04/01/31
0
4463037 025/025 F 650,000.00 ZZ
360 647,796.83 1
6.875 4,270.04 68
6.625 4,270.04
OAKLAND CA 94618 1 12/27/00 00
0138565692 05 02/01/01 0
0138565692 O 01/01/31
0
4463424 526/526 F 502,800.00 ZZ
360 501,993.45 1
7.125 3,387.46 80
6.875 3,387.46
HOUSTON TX 77024 1 02/26/01 00
0436813 05 04/01/01 0
0436813 O 03/01/31
0
4464016 E23/G01 F 312,000.00 ZZ
360 312,000.00 1
1
7.250 2,128.39 76
7.000 2,128.39
SCOTTSDALE AZ 85254 2 04/04/01 00
0432713683 05 06/01/01 0
41001067 O 05/01/31
0
4464892 822/G01 F 395,000.00 ZZ
360 394,706.85 1
7.500 2,761.90 75
7.250 2,761.90
WEST CHESTER PA 19382 2 03/19/01 00
0432712644 05 05/01/01 0
3626054268 O 04/01/31
0
4465443 964/G01 F 514,000.00 ZZ
360 514,000.00 1
7.125 3,462.91 58
6.875 3,462.91
OAKLAND CA 94610 2 04/03/01 00
0432744514 03 06/01/01 0
400114175 O 05/01/31
0
4465893 E85/G01 F 490,000.00 ZZ
360 489,617.76 1
7.250 3,342.66 70
7.000 3,342.66
HALF MOON BAY CA 94019 1 03/19/01 00
0432732188 05 05/01/01 0
9609681 O 04/01/31
0
4466041 964/G01 F 535,200.00 ZZ
360 535,200.00 1
7.375 3,696.49 80
7.125 3,696.49
SAUSALITO CA 94965 1 03/30/01 00
0432750727 05 06/01/01 0
400113463 O 05/01/31
0
4468257 575/G01 F 288,000.00 ZZ
360 287,775.33 1
7.250 1,964.67 71
7.000 1,964.67
LEWES DE 19958 5 03/26/01 00
0432752988 05 05/01/01 0
1
9481052 O 04/01/31
0
4468365 E85/G01 F 430,000.00 ZZ
360 429,656.14 1
7.125 2,896.99 34
6.875 2,896.99
MILL VALLEY CA 94941 1 03/19/01 00
0432749893 05 05/01/01 0
9609709 O 04/01/31
0
4469143 025/025 F 400,000.00 ZZ
360 398,986.06 1
6.875 2,627.72 47
6.625 2,627.72
TORRANCE CA 90277 1 01/17/01 00
0138676226 05 03/01/01 0
0138676226 O 02/01/31
0
4469249 163/G01 F 300,000.00 ZZ
360 299,765.97 1
7.250 2,046.53 69
7.000 2,046.53
EDMONDS WA 98026 1 03/16/01 00
0432749174 03 05/01/01 0
818073645 O 04/01/31
0
4471226 F25/G01 F 750,000.00 ZZ
360 750,000.00 1
6.750 4,864.49 54
6.500 4,864.49
BEDFORD NY 10506 1 04/10/01 00
0432740272 05 06/01/01 0
0452888 O 05/01/31
0
4472095 F27/F27 F 335,450.00 ZZ
360 334,962.89 1
7.625 2,374.29 78
7.375 2,374.29
MANASSAS VA 20112 4 02/15/01 00
6061105679 03 04/01/01 0
6061105679 O 03/01/31
0
1
4473689 025/025 F 640,000.00 ZZ
360 638,493.15 1
7.250 4,365.93 59
7.000 4,365.93
MILTON MA 02186 2 01/19/01 00
135602925 05 03/01/01 0
135602925 O 02/01/31
0
4474442 227/G01 F 344,000.00 ZZ
360 343,500.44 1
7.625 2,434.82 80
7.375 2,434.82
HENDERSON NV 89014 1 02/27/01 00
0432675098 03 04/01/01 0
1915612 O 03/01/31
0
4474619 B60/G01 F 630,000.00 ZZ
360 629,014.11 1
7.250 4,297.71 76
7.000 4,297.71
HUNTINGTON BEAC CA 92648 2 03/19/01 00
0432738763 03 04/01/01 0
310498 O 03/01/31
0
4474680 825/G01 F 350,000.00 ZZ
360 350,000.00 1
7.625 2,477.28 44
7.375 2,477.28
NEW CASTLE CO 81647 5 04/03/01 00
0432720340 05 06/01/01 0
XXXXX O 05/01/31
0
4475350 696/G01 F 228,050.00 ZZ
360 227,693.13 1
7.250 1,555.70 80
7.000 1,555.70
STAFFORD VA 22554 1 02/22/01 00
0432653152 03 04/01/01 0
30101017 O 03/01/31
0
4479517 163/163 F 560,000.00 ZZ
360 559,584.40 1
7.500 3,915.60 78
7.250 3,915.60
1
WILTON CA 95693 2 03/22/01 00
021808537 05 05/01/01 0
021808537 O 04/01/31
0
4480292 M29/G01 F 365,600.00 ZZ
360 365,307.64 1
7.125 2,463.11 80
6.875 2,463.11
BOULDER CO 80303 1 03/30/01 00
0432706117 05 05/01/01 0
010270 O 04/01/31
0
4482550 A06/G01 F 425,000.00 ZZ
360 424,660.13 1
7.125 2,863.31 63
6.875 2,863.31
BLOOMFIELD HILL MI 48301 2 03/26/01 00
0432699031 05 05/01/01 0
201015795 O 04/01/31
0
4486348 E22/G01 F 166,250.00 ZZ
360 166,129.67 1
7.625 1,176.71 95
7.375 1,176.71
WALL TOWNSHIP NJ 07719 1 03/16/01 04
0412476855 05 05/01/01 30
0412476855 O 04/01/31
0
4487754 964/G01 F 325,900.00 ZZ
360 325,658.14 1
7.500 2,278.74 78
7.250 2,278.74
PHOENIX AZ 85048 2 03/23/01 00
0432703502 03 05/01/01 0
112884 O 04/01/31
0
4488232 964/G01 F 424,000.00 ZZ
360 423,625.91 1
6.625 2,714.92 66
6.375 2,714.92
LAFAYETTE CA 94549 5 03/22/01 00
0432703338 05 05/01/01 0
113095 O 04/01/31
0
1
4490548 893/G01 F 370,000.00 ZZ
360 370,000.00 1
7.250 2,524.05 73
7.000 2,524.05
FOSTER CITY CA 94404 5 04/13/01 00
0432756005 09 06/01/01 0
H10302021 O 05/01/31
0
4490906 G12/G12 F 343,500.00 ZZ
360 339,839.19 1
6.750 2,227.93 62
6.500 2,227.93
MOOSIC PA 18507 4 07/08/99 00
11200258 05 06/01/00 0
11200258 O 05/01/30
0
4491869 A06/G01 F 396,750.00 ZZ
360 396,462.84 1
7.625 2,808.18 75
7.375 2,808.18
NOVI MI 48337 5 03/26/01 00
0432719433 05 05/01/01 0
01004811 O 04/01/31
0
4492657 964/G01 F 409,000.00 ZZ
360 408,656.39 1
6.875 2,686.84 48
6.625 2,686.84
LOS ANGELES CA 90064 5 03/27/01 00
0432714376 05 05/01/01 0
112532 O 04/01/31
0
4494167 B42/G01 F 368,000.00 ZZ
360 367,424.11 1
7.250 2,510.41 80
7.000 2,510.41
HIGHLANDS RANCH CO 80129 1 02/23/01 00
0432676435 03 04/01/01 0
01NC12024 O 03/01/31
0
4495313 825/G01 F 297,000.00 ZZ
360 297,000.00 1
1
7.000 1,975.95 75
6.750 1,975.95
BRECKENRIDGE CO 80424 2 04/04/01 00
0432735512 05 06/01/01 0
16301 O 05/01/31
0
4498740 116/116 F 380,600.00 ZZ
360 380,288.02 1
7.000 2,532.15 56
6.750 2,532.15
HOUSTON TX 77063 2 03/26/01 00
091069431 03 05/01/01 0
091069431 O 04/01/31
0
4499412 L20/G01 F 333,600.00 ZZ
360 333,339.76 1
7.250 2,275.74 80
7.000 2,275.74
SALT LAKE CITY UT 84109 2 03/27/01 00
0432723567 03 05/01/01 0
283077 O 04/01/31
0
4500218 624/G01 F 100,000.00 ZZ
360 99,929.42 1
7.750 716.41 54
7.500 716.41
SAN DIEGO CA 92154 5 03/23/01 00
0432710663 05 05/01/01 0
37006210333F O 04/01/31
0
4500633 A21/G01 F 320,000.00 ZZ
360 320,000.00 1
7.500 2,237.49 80
7.250 2,237.49
MATAWAN NJ 07747 2 04/02/01 00
0432709301 05 06/01/01 0
0100116265 O 05/01/31
0
4500756 163/163 F 424,000.00 ZZ
360 423,652.45 1
7.000 2,820.88 80
6.750 2,820.88
FRANKTOWN CO 80116 1 03/30/01 00
1818004673 05 05/01/01 0
1
1818004673 O 04/01/31
0
4501123 B60/G01 F 440,000.00 ZZ
360 439,673.46 1
7.500 3,076.54 80
7.250 3,076.54
FREMONT CA 94536 1 03/17/01 00
0432713923 09 05/01/01 0
319447 O 04/01/31
0
4501152 964/G01 F 528,000.00 ZZ
360 527,608.15 1
7.500 3,691.85 79
7.250 3,691.85
SCOTTSDALE AZ 85254 2 03/23/01 00
0432720746 05 05/01/01 0
112837 O 04/01/31
0
4501655 356/G01 F 410,000.00 ZZ
360 410,000.00 1
7.375 2,831.77 21
7.125 2,831.77
SAN JOSE CA 95120 5 04/02/01 00
0432755965 05 06/01/01 0
2856540 O 05/01/31
0
4502161 B60/G01 F 368,000.00 ZZ
360 367,719.99 1
7.375 2,541.68 80
7.125 2,541.68
LA VERNE CA 91750 1 03/21/01 00
0432713873 03 05/01/01 0
319032 O 04/01/31
0
4504014 825/G01 F 350,000.00 ZZ
360 350,000.00 1
7.500 2,447.25 73
7.250 2,447.25
GUNNISON CO 81230 5 04/02/01 00
0432720639 05 06/01/01 0
ZAABADICK O 05/01/31
0
1
4505259 964/G01 F 296,000.00 ZZ
360 295,780.32 1
7.500 2,069.68 80
7.250 2,069.68
OREGON CITY OR 97045 1 03/27/01 00
0432704294 05 05/01/01 0
113711 O 04/01/31
0
4505317 B60/G01 F 320,000.00 ZZ
360 319,731.16 1
6.875 2,102.17 43
6.625 2,102.17
LAGUNA NIGUEL CA 92677 5 03/08/01 00
0432744084 03 05/01/01 0
319415 O 04/01/31
0
4507966 470/G01 F 517,000.00 ZZ
360 517,000.00 1
7.250 3,526.86 72
7.000 3,526.86
SALINAS CA 93908 2 04/02/01 00
0432743169 05 06/01/01 0
45000813 O 05/01/31
0
4508694 M32/M32 F 394,500.00 ZZ
360 393,927.12 1
7.625 2,792.25 85
7.375 2,792.25
BROOKLINE MA 02446 1 02/26/01 00
685027358 01 04/01/01 0
685027358 O 03/01/31
0
4511577 964/G01 F 432,500.00 ZZ
360 432,500.00 1
7.375 2,987.17 51
7.125 2,987.17
ORINDA CA 94563 2 04/05/01 00
0432753135 05 06/01/01 0
113515 O 05/01/31
0
4512426 F97/F97 F 442,100.00 ZZ
360 441,763.60 1
7.375 3,053.47 48
7.125 3,053.47
1
CHICAGO IL 60614 2 02/26/01 00
2000329927 05 05/01/01 0
2000329927 O 04/01/31
0
4516209 E22/G01 F 293,500.00 ZZ
360 293,259.42 1
7.000 1,952.66 79
6.750 1,952.66
ORANGE CA 92869 2 03/19/01 00
0412389579 05 05/01/01 0
0412389579 O 04/01/31
0
4516336 E22/G01 F 91,500.00 ZZ
360 91,438.61 1
8.000 671.39 71
7.750 671.39
SMYRNA GA 30080 5 03/19/01 00
0412469140 05 05/01/01 0
0412469140 O 04/01/31
0
4516337 E22/G01 F 90,000.00 ZZ
360 89,938.07 1
7.875 652.56 95
7.625 652.56
WESTMINSTER CO 80021 1 03/22/01 01
0412469199 01 05/01/01 30
0412469199 O 04/01/31
0
4517486 R65/G01 F 468,100.00 ZZ
360 467,734.83 1
7.250 3,193.27 72
7.000 3,193.27
MCLEAN VA 22101 5 03/27/01 00
0432753069 05 05/01/01 0
20011406 O 04/01/31
0
4518786 E33/G01 F 700,000.00 ZZ
360 699,453.94 1
7.250 4,775.23 70
7.000 4,775.23
LAKE BLUFF IL 60044 2 03/16/01 00
0432686533 05 05/01/01 0
341589067 O 04/01/31
0
1
4522335 964/G01 F 384,000.00 ZZ
360 384,000.00 1
7.375 2,652.19 77
7.125 2,652.19
SAN RAFAEL CA 94903 2 04/02/01 00
0432750784 05 06/01/01 0
400111866 O 05/01/31
0
4523798 B60/G01 F 299,000.00 ZZ
360 298,772.48 1
7.375 2,065.12 75
7.125 2,065.12
LOS ANGELES CA 90045 5 03/08/01 00
0432713790 05 05/01/01 0
317602 O 04/01/31
0
4524912 U59/G01 F 400,000.00 ZZ
360 399,731.61 1
8.000 2,935.06 80
7.750 2,935.06
HINSDALE IL 60521 2 04/03/01 00
0432733939 05 05/09/01 0
800784334 O 04/09/31
0
4526578 405/405 F 484,700.00 ZZ
360 483,941.49 1
7.250 3,306.51 78
6.875 3,306.51
STILWELL KS 66085 2 02/19/01 00
12065496 03 04/01/01 0
12065496 O 03/01/31
0
4526594 405/405 F 425,000.00 ZZ
360 424,121.78 1
6.875 2,791.95 61
6.625 2,791.95
CARMEL CA 93923 5 02/20/01 00
17085226 05 04/01/01 0
17085226 O 03/01/31
0
4526650 405/405 F 500,000.00 ZZ
360 499,579.93 1
1
6.875 3,284.65 80
6.625 3,284.65
MOUNTAIN VIEW CA 94043 1 03/07/01 00
17223108 03 05/01/01 0
17223108 O 04/01/31
0
4526678 964/G01 F 300,000.00 ZZ
360 299,754.09 1
7.000 1,995.91 62
6.750 1,995.91
CAYUCOS CA 93430 2 03/28/01 00
0432743813 05 05/01/01 0
112956 O 04/01/31
0
4529357 F96/G01 F 287,250.00 ZZ
360 287,025.92 1
7.250 1,959.55 75
7.000 1,959.55
FORT XXX BOROUG NJ 07024 1 03/30/01 00
0432709392 01 05/01/01 0
0101452 O 04/01/31
0
4529798 893/G01 F 435,000.00 ZZ
360 435,000.00 1
7.500 3,041.58 58
7.250 3,041.58
SOQUEL CA 95073 2 04/02/01 00
0432726461 05 06/01/01 0
H10308011 O 05/01/31
0
4530269 624/G01 F 456,000.00 ZZ
360 456,000.00 1
7.375 3,149.48 80
7.125 3,149.48
SOQUEL CA 95073 1 04/02/01 00
0432733343 05 06/01/01 0
88615010276F O 05/01/31
0
4530975 964/G01 F 405,000.00 ZZ
360 405,000.00 1
7.375 2,797.23 56
7.125 2,797.23
SAN ANSELMO CA 94960 5 04/05/01 00
0432777043 05 06/01/01 0
1
114592 O 05/01/31
0
4531783 E22/G01 F 450,000.00 ZZ
360 449,631.14 1
7.000 2,993.86 38
6.750 2,993.86
SAN JOSE CA 95138 2 03/15/01 00
0412457335 03 05/01/01 0
0412457335 O 04/01/31
0
4532067 253/253 F 128,000.00 ZZ
360 128,000.00 1
8.000 939.22 70
7.750 939.22
BRECKENRIDGE CO 80424 1 04/19/01 00
967034 01 06/01/01 0
967034 O 05/01/31
0
4537044 E84/G01 F 332,000.00 ZZ
360 331,753.61 1
7.500 2,321.39 80
7.250 2,321.39
RESTON VA 20191 1 03/06/01 00
0432709061 09 05/01/01 0
70304710 O 04/01/31
0
4537281 893/G01 F 479,200.00 ZZ
360 478,844.36 1
7.500 3,350.64 80
7.250 3,350.64
CONCORD CA 94518 1 03/24/01 00
0432711935 05 05/01/01 0
M10315021 O 04/01/31
0
4537695 163/163 F 347,200.00 ZZ
360 346,935.81 1
7.375 2,398.02 80
7.125 2,398.02
CEDAR HILLS UT 84062 2 04/02/01 00
1818139685 05 05/01/01 0
1818139685 O 04/01/31
0
1
4538082 253/253 F 313,600.00 ZZ
360 313,349.21 1
7.125 2,112.79 80
6.875 2,112.79
HOUSTON TX 77019 1 03/30/01 00
966903 08 05/01/01 0
966903 O 04/01/31
0
4538130 E84/G01 F 381,000.00 ZZ
360 380,388.83 1
7.125 2,566.87 80
6.875 2,566.87
NEWBERG OR 97132 1 02/20/01 00
0432706588 05 04/01/01 0
60105409 O 03/01/31
0
4538772 E84/G01 F 369,550.00 ZZ
360 369,275.74 1
7.500 2,583.95 95
7.250 2,583.95
FORT XXXXXXX CO 80528 1 03/16/01 12
0432710424 03 05/01/01 30
81070291 O 04/01/31
0
4538980 696/G01 F 460,000.00 ZZ
360 459,632.14 1
7.125 3,099.11 80
6.875 3,099.11
STERLING VA 20165 2 03/23/01 00
0432680288 03 05/01/01 0
24501036 O 04/01/31
0
4539062 E84/G01 F 400,000.00 ZZ
360 399,687.96 1
7.250 2,728.71 73
7.000 2,728.71
SANTA ROSA CA 95403 1 03/02/01 00
0432706521 05 05/01/01 0
73210045 O 04/01/31
0
4539564 E84/G01 F 560,000.00 ZZ
360 559,614.61 1
7.875 4,060.39 80
7.625 4,060.39
1
DANVILLE CA 94526 2 02/26/01 00
0432706430 05 05/01/01 0
73010210 O 04/01/31
0
4540689 E22/G01 F 311,700.00 ZZ
360 311,450.74 1
7.125 2,099.98 80
6.875 2,099.98
MOUNT PLEASANT SC 29466 1 03/29/01 00
0412475600 05 05/01/01 0
0412475600 O 04/01/31
0
4542115 950/G01 F 325,000.00 ZZ
360 324,740.10 1
7.125 2,189.59 79
6.875 2,189.59
ISSAQUAH WA 98033 1 03/30/01 00
0432743136 05 05/01/01 0
EW103532 O 04/01/31
0
4542603 E84/G01 F 345,600.00 ZZ
360 345,349.86 1
7.625 2,446.14 80
7.375 2,446.14
LINCOLNSHIRE IL 60069 2 03/15/01 00
0432710457 05 05/01/01 0
11303446 O 04/01/31
0
4543512 E87/G01 F 425,000.00 ZZ
360 425,000.00 1
7.500 2,971.66 70
7.250 2,971.66
SANTA BARBARA CA 93109 5 04/04/01 00
0432715399 05 06/01/01 0
70003375 O 05/01/31
0
4544784 227/G01 F 158,320.00 ZZ
360 158,193.39 1
7.125 1,066.64 80
6.875 1,066.64
HUNTERSVILLE NC 28078 1 03/16/01 00
0432688554 03 05/01/01 0
1910497 O 04/01/31
0
1
4544865 964/G01 F 420,000.00 ZZ
360 420,000.00 1
7.375 2,900.84 70
7.125 2,900.84
BEND OR 97701 5 04/03/01 00
0432777001 05 06/01/01 0
117387 O 05/01/31
0
4546044 893/G01 F 571,000.00 ZZ
360 571,000.00 1
7.250 3,895.23 54
7.000 3,895.23
REDWOOD CITY CA 94062 5 04/13/01 00
0432755973 05 06/01/01 0
H10216041 O 05/01/31
0
4548055 964/G01 F 500,000.00 ZZ
360 500,000.00 1
7.625 3,538.97 63
7.375 3,538.97
HAYWARD CA 94542 2 04/16/01 00
0432775781 03 06/01/01 0
115827 O 05/01/31
0
4549046 757/G01 F 299,000.00 ZZ
360 299,000.00 1
7.375 2,065.12 68
7.125 2,065.12
BEVERLY MA 01915 2 04/12/01 00
0432753465 05 06/01/01 0
BRING O 05/01/31
0
4549156 B60/G01 F 598,500.00 ZZ
360 598,088.12 1
7.875 4,339.54 33
7.625 4,339.54
PALO ALTO CA 94301 2 03/09/01 00
0432735462 05 05/01/01 0
319074 O 04/01/31
0
4550662 E84/G01 F 308,400.00 ZZ
360 307,952.16 1
1
7.625 2,182.84 80
7.375 2,182.84
PETALUMA CA 94954 1 02/19/01 00
0432700177 05 04/01/01 0
50710031 O 03/01/31
0
4550935 E84/G01 F 400,000.00 T
360 399,695.63 1
7.375 2,762.70 64
7.125 2,762.70
SCOTTSDALE AZ 85262 4 03/12/01 00
0432721421 03 05/01/01 0
11602269 O 04/01/31
0
4553065 E84/G01 F 319,200.00 ZZ
360 318,938.35 1
7.000 2,123.65 80
6.750 2,123.65
PROVINCETOWN MA 02657 1 03/16/01 00
0432708972 01 05/01/01 0
11005914 O 04/01/31
0
4553112 E84/G01 F 540,000.00 ZZ
360 539,589.10 1
7.375 3,729.65 80
7.125 3,729.65
WESTERN SPRINGS IL 60558 2 03/14/01 00
0432705887 05 05/01/01 0
11402487 O 04/01/31
0
4553199 253/253 F 699,000.00 ZZ
360 699,000.00 1
7.375 4,827.82 60
7.125 4,827.82
STUDIO CITY CA 91604 5 04/05/01 00
966374 05 06/01/01 0
966374 O 05/01/31
0
4553505 E84/G01 F 317,600.00 ZZ
360 317,370.13 1
7.625 2,247.95 80
7.375 2,247.95
CHICAGO IL 60613 2 03/08/01 00
0432706273 01 05/01/01 0
1
11005808 O 04/01/31
0
4555578 B60/G01 F 109,000.00 ZZ
360 109,000.00 1
7.875 790.33 65
7.625 790.33
RIVERSIDE CA 92509 2 03/21/01 00
0432762581 05 06/01/01 0
316263 O 05/01/31
0
4555661 E84/G01 F 397,600.00 ZZ
360 397,008.00 1
7.500 2,780.08 80
7.250 2,780.08
CHICAGO IL 60625 2 02/27/01 00
0432723724 05 04/01/01 0
11006006 O 03/01/31
0
4556511 893/G01 F 375,000.00 ZZ
360 374,721.70 1
7.500 2,622.05 75
7.250 2,622.05
FREMONT CA 94536 2 03/13/01 00
0432724086 05 05/01/01 0
H10202031 O 04/01/31
0
4557000 964/G01 F 420,000.00 ZZ
360 420,000.00 1
7.375 2,900.84 72
7.125 2,900.84
SAN JOSE CA 95136 5 04/05/01 00
0432776896 05 06/01/01 0
114050 O 05/01/31
0
4558205 964/G01 F 335,900.00 ZZ
360 335,900.00 1
6.750 2,178.64 80
6.500 2,178.64
TORRANCE CA 90505 1 04/05/01 00
0432753259 05 06/01/01 0
116907 O 05/01/31
0
1
4558844 964/G01 F 343,200.00 ZZ
360 343,200.00 1
7.500 2,399.70 80
7.250 2,399.70
APTOS CA 95003 2 04/04/01 00
0432774826 05 06/01/01 0
116284 O 05/01/31
0
4560073 E87/G01 F 610,000.00 ZZ
360 610,000.00 1
7.500 4,265.21 70
7.250 4,265.21
CAMARILLO CA 93010 5 04/05/01 00
0432736445 05 06/01/01 0
70003386 O 05/01/31
0
4560367 E22/G01 F 393,700.00 ZZ
360 393,415.06 1
7.625 2,786.58 52
7.375 2,786.58
RIVER FOREST IL 60305 2 03/26/01 00
0412366148 05 05/01/01 0
0412366148 O 04/01/31
0
4560386 E22/G01 F 577,500.00 ZZ
360 577,071.42 1
7.500 4,037.96 70
7.250 4,037.96
CARMEL VALLEY CA 93924 5 03/23/01 00
0412413270 05 05/01/01 0
0412413270 O 04/01/31
0
4560388 E22/G01 F 288,000.00 ZZ
360 282,666.51 1
7.625 2,038.45 62
7.375 2,038.45
ARVADA CO 80007 2 03/26/01 00
0412415036 05 05/01/01 0
0412415036 O 04/01/31
0
4560422 E22/G01 F 403,000.00 ZZ
360 402,685.62 1
7.250 2,749.17 77
7.000 2,749.17
1
KIRKLAND WA 98034 2 03/22/01 00
0412463960 05 05/01/01 0
0412463960 O 04/01/31
0
4560435 E22/G01 F 243,800.00 ZZ
360 243,609.81 1
7.250 1,663.15 53
7.000 1,663.15
SANTA FE NM 87505 2 03/26/01 00
0412472946 05 05/01/01 0
0412472946 O 04/01/31
0
4561562 P67/G01 F 325,000.00 ZZ
360 325,000.00 1
7.250 2,217.07 62
7.000 2,217.07
WORCESTER MA 01609 5 04/06/01 00
0432712180 05 06/01/01 0
45394 O 05/01/31
0
4565101 757/G01 F 292,000.00 ZZ
360 292,000.00 1
7.125 1,967.26 80
6.875 1,967.26
MOORESVILLE NC 28117 1 04/20/01 00
0432763084 03 06/01/01 0
093469276 O 05/01/31
0
4565954 E33/G01 F 350,000.00 ZZ
360 349,720.11 1
7.125 2,358.02 37
6.750 2,358.02
LAKE FOREST IL 60045 5 03/26/01 00
0432705119 05 05/01/01 0
XXXXXXXXXXX O 04/01/31
0
4567403 964/G01 F 312,000.00 ZZ
360 312,000.00 1
7.250 2,128.39 80
7.000 2,128.39
DALY CITY CA 94014 2 04/11/01 00
0432776847 01 06/01/01 0
115551 O 05/01/31
0
1
4568132 E22/G01 F 260,000.00 ZZ
360 259,811.82 1
7.625 1,840.26 36
7.375 1,840.26
OAKLAND CA 94610 5 03/19/01 00
0412430571 03 05/01/01 0
0412430571 O 04/01/31
0
4568148 E22/G01 F 468,000.00 ZZ
360 467,634.92 1
7.250 3,192.58 76
7.000 3,192.58
PORTLAND OR 97210 2 03/27/01 00
0412454381 03 05/01/01 0
0412454381 O 04/01/31
0
4568153 E22/G01 F 368,400.00 ZZ
360 368,133.37 1
7.625 2,607.51 45
7.375 2,607.51
PLANO TX 75093 5 03/26/01 00
0412464224 03 05/01/01 0
0412464224 O 04/01/31
0
4568163 E22/G01 F 328,000.00 ZZ
360 327,731.14 1
7.000 2,182.19 78
6.750 2,182.19
ENGLEWOOD CO 80111 2 03/28/01 00
0412475964 03 05/01/01 0
0412475964 O 04/01/31
0
4568180 E22/G01 F 288,750.00 ZZ
360 288,519.09 1
7.125 1,945.36 75
6.875 1,945.36
SIMI VALLEY CA 93065 1 03/26/01 00
0412489932 05 05/01/01 0
0412489932 O 04/01/31
0
4568617 E84/G01 F 393,000.00 ZZ
360 392,429.31 1
1
7.625 2,781.63 61
7.375 2,781.63
LAS VEGAS NV 89135 2 02/27/01 00
0432709038 03 04/01/01 0
11205625 O 03/01/31
0
4568955 E84/G01 F 340,000.00 ZZ
360 339,493.76 1
7.500 2,377.33 80
7.250 2,377.33
LAKE FOREST IL 60045 1 02/28/01 00
0432706232 05 04/01/01 0
11103122 O 03/01/31
0
4569636 964/G01 F 399,900.00 ZZ
360 399,624.79 1
7.875 2,899.55 31
7.625 2,899.55
BURLINGAME CA 94010 5 03/27/01 00
0432775161 05 05/01/01 0
111382 O 04/01/31
0
4571094 163/163 F 300,000.00 ZZ
360 300,000.00 1
7.375 2,072.03 67
7.125 2,072.03
EL CERRITO CA 94530 1 03/28/01 00
02188118663 05 06/01/01 0
02188118663 O 05/01/31
0
4571900 Q73/G01 F 311,000.00 ZZ
360 311,000.00 1
7.250 2,121.57 83
7.000 2,121.57
GULFPORT MS 39503 2 04/13/01 11
0432774651 05 06/01/01 12
2788854 O 05/01/31
0
4574019 G52/G01 F 600,000.00 ZZ
360 599,483.41 1
6.750 3,891.59 61
6.500 3,891.59
HONOLULU HI 96822 2 03/15/01 00
0432700953 05 05/01/01 0
1
92501463 O 04/01/31
0
4574058 696/G01 F 650,000.00 ZZ
360 649,426.52 1
6.625 4,162.02 75
6.375 4,162.02
FAIRFAX STATION VA 22039 1 03/28/01 00
0432682771 03 05/01/01 0
21400131 O 04/01/31
0
4574550 964/G01 F 390,000.00 ZZ
360 390,000.00 1
7.750 2,794.01 71
7.500 2,794.01
RANCHO PALOS VE CA 90275 2 04/02/01 00
0432776656 05 06/01/01 0
113098 O 05/01/31
0
4574932 964/G01 F 325,000.00 T
360 325,000.00 1
7.250 2,217.07 80
7.000 2,217.07
HENDERSON NV 89052 2 04/09/01 00
0432750800 03 06/01/01 0
420114059 O 05/01/31
0
4575081 830/G01 F 308,000.00 ZZ
360 308,000.00 1
7.250 2,101.10 71
7.000 2,101.10
SALT LAKE CITY UT 84108 2 04/09/01 00
0432728616 05 06/01/01 0
545283 O 05/01/31
0
4575344 601/G01 F 314,000.00 ZZ
360 313,755.04 1
7.250 2,142.04 83
7.000 2,142.04
FORT XXXXXXX CO 80528 2 03/07/01 14
0432698637 03 05/01/01 12
60427879 O 04/01/31
0
1
4576412 E22/G01 F 290,000.00 ZZ
360 289,756.37 1
6.875 1,905.09 65
6.625 1,905.09
DAVIS CA 95616 2 03/25/01 00
0412419202 05 05/01/01 0
0412419202 O 04/01/31
0
4576454 E22/G01 F 375,000.00 ZZ
360 374,714.66 1
7.375 2,590.03 66
7.125 2,590.03
LONGMONT CO 80501 1 04/03/01 00
0412501439 05 05/01/01 0
0412501439 O 04/01/31
0
4576458 E22/G01 F 368,000.00 ZZ
360 367,712.92 1
7.250 2,510.41 80
7.000 2,510.41
SAN JOSE CA 95117 1 03/28/01 00
0412505109 05 05/01/01 0
0412505109 O 04/01/31
0
4576467 E22/G01 F 428,000.00 ZZ
360 427,712.82 1
8.000 3,140.51 80
7.750 3,140.51
SWAMPSCOTT MA 01907 1 04/03/01 00
0412516221 05 05/01/01 0
0412516221 O 04/01/31
0
4576717 E84/G01 F 334,400.00 ZZ
360 333,914.41 1
7.625 2,366.86 80
7.375 2,366.86
LAKEWOOD CO 80227 2 02/08/01 00
0432709699 03 04/01/01 0
80013324 O 03/01/31
0
4580343 E84/G01 F 315,000.00 ZZ
360 314,772.01 1
7.625 2,229.55 61
7.375 2,229.55
1
NORTHBROOK IL 60062 1 03/02/01 00
0432706653 05 05/01/01 0
11205363 O 04/01/31
0
4580774 P60/G01 F 400,000.00 ZZ
360 399,687.96 1
7.250 2,728.71 95
7.000 2,728.71
SYLVANIA OH 43560 1 03/23/01 10
0432741775 05 05/01/01 30
6100056691 O 04/01/31
0
4582682 964/G01 F 365,000.00 ZZ
360 365,000.00 1
7.375 2,520.96 55
7.125 2,520.96
DANVILLE CA 94526 5 04/09/01 00
0432750909 03 06/01/01 0
400114497 O 05/01/31
0
4583987 E22/G01 F 650,000.00 ZZ
360 649,480.21 1
7.125 4,379.17 51
6.875 4,379.17
MANHATTAN BEACH CA 90266 1 03/23/01 00
0412391286 29 05/01/01 0
0412391286 O 04/01/31
0
4583997 E22/G01 F 630,000.00 ZZ
360 629,496.20 1
7.125 4,244.43 70
6.875 4,244.43
PHOENIX AZ 85023 1 03/22/01 00
0412453599 03 05/01/01 0
0412453599 O 04/01/31
0
4584018 E22/G01 F 48,000.00 ZZ
360 47,964.38 1
7.500 335.62 53
7.250 335.62
EL PASO TX 79936 5 03/30/01 00
0412489171 05 05/01/01 0
0412489171 O 04/01/31
0
1
4584059 R65/G01 F 376,000.00 ZZ
360 376,000.00 1
7.125 2,533.18 64
6.875 2,533.18
XXXX ARM MD 21057 2 04/16/01 00
0432762805 05 06/01/01 0
20011579 O 05/01/31
0
4585578 H29/G01 F 425,000.00 ZZ
360 424,634.08 1
6.750 2,756.55 68
6.500 2,756.55
NORTH READING MA 01864 1 03/30/01 00
0432697811 05 05/01/01 0
7700015096 O 04/01/31
0
4586894 A52/G01 F 323,200.00 ZZ
360 322,977.58 1
7.875 2,343.42 80
7.625 2,343.42
ALPHARETTA GA 30005 1 04/10/01 00
0432707016 05 05/01/01 0
14643 O 04/01/31
0
4587438 163/163 F 412,000.00 ZZ
360 411,431.06 1
7.875 2,987.29 80
7.625 2,987.29
PALATINE IL 60067 2 02/16/01 00
WH11516 05 04/01/01 0
WH11516 O 03/01/31
0
4587698 E84/G01 F 429,000.00 ZZ
360 428,345.12 1
7.375 2,963.00 65
7.125 2,963.00
MCLEAN VA 22101 5 02/21/01 00
0432709400 05 04/01/01 0
70304712 O 03/01/31
0
4587876 964/G01 F 527,500.00 ZZ
360 527,500.00 1
1
7.250 3,598.48 77
7.000 3,598.48
SAN FRANCISCO CA 94131 2 04/17/01 00
0432777019 09 06/01/01 0
116540 O 05/01/31
0
4588550 964/G01 F 428,000.00 ZZ
360 428,000.00 1
7.125 2,883.52 80
6.875 2,883.52
LOS GATOS CA 95032 1 04/12/01 00
0432743003 05 06/01/01 0
117396 O 05/01/31
0
4588863 696/G01 F 113,050.00 ZZ
360 112,968.18 1
7.625 800.16 95
7.375 800.16
WASHINGTON DC 20011 1 04/05/01 10
0432707255 05 05/01/01 30
31201109 O 04/01/31
0
4588879 696/G01 F 344,800.00 ZZ
360 344,531.03 1
7.250 2,352.14 78
7.000 2,352.14
POTOMAC MD 20854 2 03/29/01 00
0432694362 05 05/01/01 0
30501048 O 04/01/31
0
4589524 Q59/G01 F 285,000.00 ZZ
360 284,788.49 1
7.500 1,992.76 80
7.250 1,992.76
NORTHRIDGE CA 91324 2 03/21/01 00
0432728996 05 05/01/01 0
303051 O 04/01/31
0
4590413 696/G01 F 460,000.00 ZZ
360 459,649.97 1
7.375 3,177.11 80
7.125 3,177.11
MCLEAN VA 22101 2 04/02/01 00
0432703213 05 05/01/01 0
1
10001018 O 04/01/31
0
4591159 964/G01 F 399,900.00 ZZ
360 399,900.00 1
7.250 2,728.02 68
7.000 2,728.02
REDWOOD CITY CA 94065 5 04/16/01 00
0432775930 01 06/01/01 0
400116307 O 05/01/31
0
4591603 E22/G01 F 595,000.00 ZZ
360 594,500.12 1
6.875 3,908.73 37
6.625 3,908.73
SAN JOSE CA 95125 2 03/25/01 00
0412488637 05 05/01/01 0
0412488637 O 04/01/31
0
4591610 E22/G01 F 388,000.00 ZZ
360 388,000.00 1
7.250 2,646.84 80
7.000 2,646.84
NEWARK CA 94560 1 03/30/01 00
0412496473 05 06/01/01 0
0412496473 O 05/01/31
0
4591652 163/163 F 578,700.00 ZZ
360 577,816.60 1
7.375 3,996.94 80
7.125 3,996.94
ARLINGTON TX 76006 1 02/14/01 00
5017963077 03 04/01/01 0
5017963077 O 03/01/31
0
4592017 163/163 F 331,500.00 ZZ
360 330,968.23 1
7.125 2,233.38 74
6.875 2,233.38
PIEDMONT SC 29673 5 02/28/01 00
917902927 05 04/01/01 0
917902927 O 03/01/31
0
1
4592339 163/163 F 421,600.00 ZZ
360 421,302.43 1
7.750 3,020.40 80
7.500 3,020.40
DUNSTABLE MA 01827 1 03/16/01 00
1000242843 05 05/01/01 0
1000242843 O 04/01/31
0
4593551 G75/G75 F 380,000.00 ZZ
360 379,703.56 1
7.250 2,592.27 69
7.000 2,592.27
WILLIAMSBURG VA 23188 1 03/20/01 00
04230722 03 05/01/01 0
04230722 O 04/01/31
0
4597371 163/163 F 500,000.00 ZZ
360 499,647.11 1
7.750 3,582.06 73
7.500 3,582.06
SAN RAFAEL CA 94901 2 03/07/01 00
717865991 05 05/01/01 0
717865991 O 04/01/31
0
4598321 U43/G01 F 360,000.00 ZZ
360 359,726.07 1
7.375 2,486.43 75
7.125 2,486.43
POLSON MT 59860 2 03/28/01 00
0432702348 05 05/01/01 0
032511 O 04/01/31
0
4598581 964/G01 F 460,000.00 ZZ
360 460,000.00 1
7.250 3,138.01 56
7.000 3,138.01
NOVATO CA 94947 5 04/11/01 00
0432760254 05 06/01/01 0
115493 O 05/01/31
0
4599845 E22/G01 F 127,300.00 ZZ
360 127,196.77 1
8.000 934.08 95
7.750 934.08
1
BARTLETT TN 38134 2 04/02/01 04
0412421257 05 05/01/01 30
0412421257 O 04/01/31
0
4599868 E22/G01 F 503,500.00 ZZ
360 503,087.28 1
7.000 3,349.80 61
6.750 3,349.80
LITTLETON CO 80124 2 04/02/01 00
0412473993 03 05/01/01 0
0412473993 O 04/01/31
0
4599873 E22/G01 F 937,000.00 ZZ
360 936,321.82 2
7.625 6,632.03 63
7.375 6,632.03
SAN FRANCISCO CA 94121 2 03/21/01 00
0412485229 05 05/01/01 0
0412485229 O 04/01/31
0
4599881 E22/G01 F 314,000.00 ZZ
360 313,748.90 1
7.125 2,115.48 68
6.875 2,115.48
LITTLETON CO 80124 2 04/02/01 00
0412489056 03 05/01/01 0
0412489056 O 04/01/31
0
4599916 E22/G01 F 275,000.00 ZZ
360 274,790.74 1
7.375 1,899.36 62
7.125 1,899.36
HOUSTON TX 77056 5 04/02/01 00
0412514846 03 05/01/01 0
0412514846 O 04/01/31
0
4599918 E22/G01 F 257,600.00 ZZ
360 257,600.00 1
7.750 1,845.48 80
7.500 1,845.48
BAY POINT CA 94565 1 04/02/01 00
0412516163 05 06/01/01 0
0412516163 O 05/01/31
0
1
4599947 163/163 F 300,000.00 ZZ
360 299,782.87 1
7.625 2,123.38 74
7.375 2,123.38
XXXX RIDGE NJ 07028 5 03/13/01 00
402095239 05 05/01/01 0
402095239 O 04/01/31
0
4600030 163/163 F 323,500.00 ZZ
360 323,030.22 1
7.625 2,289.72 61
7.375 2,289.72
ANDOVER MA 01810 2 02/09/01 00
1000230204 05 04/01/01 0
1000230204 O 03/01/31
0
4600048 163/163 F 415,000.00 ZZ
360 414,699.63 1
7.625 2,937.35 52
7.375 2,937.35
WENHAM MA 01984 5 03/09/01 00
1000202306 05 05/01/01 0
1000202306 O 04/01/31
0
4600112 163/163 F 352,000.00 ZZ
360 351,738.76 1
7.500 2,461.24 80
7.250 2,461.24
CANTON OH 44718 1 03/06/01 00
0080363448 05 05/01/01 0
0080363448 O 04/01/31
0
4600516 163/163 F 615,000.00 ZZ
360 610,059.31 1
7.500 4,300.17 75
7.250 4,300.17
MARLBORO NJ 07751 2 02/23/01 00
917894348 05 04/01/01 0
917894348 O 03/01/31
0
4600569 026/G01 F 391,500.00 ZZ
360 391,179.09 1
1
7.000 2,604.66 90
6.750 2,604.66
MORRISVILLE NC 27560 1 03/29/01 12
0432702900 03 05/01/01 25
0449351 O 04/01/31
0
4600710 163/163 F 558,000.00 ZZ
360 557,070.18 1
7.500 3,901.62 75
7.250 3,901.62
MASSAPEQUA NY 11758 2 02/28/01 00
1000227436 05 04/01/01 0
1000227436 O 03/01/31
0
4602112 196/196 F 292,125.00 ZZ
360 291,908.19 1
7.500 2,042.59 95
7.250 2,042.59
RANCHO CUCAMONG CA 91739 1 03/13/01 14
1394757 05 05/01/01 30
1394757 O 04/01/31
0
4602954 E82/G01 F 339,700.00 ZZ
360 339,421.55 1
7.000 2,260.03 73
6.750 2,260.03
HOUSTON TX 77025 2 04/02/01 00
0400406914 05 05/01/01 0
0400406914 O 04/01/31
0
4602957 E82/G01 F 461,600.00 ZZ
360 461,257.43 1
7.500 3,227.57 42
7.250 3,227.57
LANGLEY WA 98260 2 03/30/01 00
0400401220 05 05/01/01 0
1987960 O 04/01/31
0
4602958 E82/G01 F 297,500.00 ZZ
360 297,500.00 1
7.625 2,105.69 70
7.375 2,105.69
SOUTH SAN FRANC CA 94080 2 04/03/01 00
0400407250 07 06/01/01 0
1
1992988 O 05/01/31
0
4603476 K81/G01 F 288,800.00 ZZ
360 288,800.00 1
7.875 2,094.00 95
7.625 2,094.00
BREKENRIDGE CO 80424 1 04/12/01 11
0432747178 03 06/01/01 30
7003226 O 05/01/31
0
4603861 163/163 F 340,000.00 ZZ
360 339,739.28 1
7.375 2,348.30 80
7.125 2,348.30
LAKE FOREST PAR WA 98155 2 03/07/01 00
817961279 05 05/01/01 0
817961279 O 04/01/31
0
4603899 624/G01 F 520,000.00 ZZ
360 520,000.00 1
7.375 3,591.51 56
7.125 3,591.51
TRUCKEE CA 96161 5 04/04/01 00
0432716348 03 06/01/01 0
36800510346F O 05/01/31
0
4604659 738/G01 F 439,900.00 ZZ
360 439,565.27 1
7.375 3,038.28 80
7.125 3,038.28
RALEIGH NC 27613 1 03/23/01 00
0432706992 03 05/01/01 0
5740822 O 04/01/31
0
4605423 956/G01 F 466,700.00 ZZ
360 466,335.93 1
7.250 3,183.72 80
7.000 3,183.72
GILROY CA 95020 1 03/27/01 00
0432704104 05 05/01/01 0
710090132 O 04/01/31
0
1
4605638 956/G01 F 352,000.00 ZZ
360 351,751.56 1
7.750 2,521.77 75
7.500 2,521.77
RIDGEFIELD WA 98642 2 03/23/01 00
0432743342 05 05/01/01 0
1711010170 O 04/01/31
0
4605951 696/G01 F 770,000.00 ZZ
360 770,000.00 1
7.250 5,252.76 70
7.000 5,252.76
CHEVY CHASE MD 20815 2 04/06/01 00
0432696359 03 06/01/01 0
32601021 O 05/01/31
0
4605953 696/G01 F 470,000.00 ZZ
360 469,642.37 1
7.375 3,246.17 73
7.125 3,246.17
FALLS CHURCH VA 22046 1 04/01/01 00
0432707453 05 05/01/01 0
10001010 O 04/01/31
0
4607653 E22/G01 F 999,000.00 ZZ
360 999,000.00 1
7.250 6,814.94 39
7.000 6,814.94
NEW CANAAN CT 06840 5 04/03/01 00
0412332082 05 06/01/01 0
0412332082 O 05/01/31
0
4607664 E22/G01 F 450,000.00 ZZ
360 450,000.00 1
7.125 3,031.73 39
6.875 3,031.73
AUSTIN TX 78746 5 04/04/01 00
0412432411 05 06/01/01 0
0412432411 O 05/01/31
0
4607679 E22/G01 F 464,553.00 ZZ
360 464,553.00 1
7.250 3,169.07 80
7.000 3,169.07
1
DUBLIN CA 94568 1 04/02/01 00
0412473456 05 06/01/01 0
0412473456 O 05/01/31
0
4607686 E22/G01 F 296,000.00 ZZ
360 295,763.29 1
7.125 1,994.21 80
6.875 1,994.21
WOODLAND WA 98674 2 03/27/01 00
0412479594 05 05/01/01 0
0412479594 O 04/01/31
0
4607691 E22/G01 F 312,000.00 ZZ
360 311,287.50 1
6.875 2,049.62 47
6.625 2,049.62
SAN JOSE CA 95123 2 03/29/01 00
0412484057 05 05/01/01 0
0412484057 O 04/01/31
0
4607707 E22/G01 F 53,200.00 ZZ
360 53,162.45 1
7.750 381.13 95
7.500 381.13
EL PASO TX 79935 1 04/06/01 01
0412501249 07 05/01/01 30
0412501249 O 04/01/31
0
4607733 E22/G01 F 393,000.00 ZZ
360 393,000.00 1
7.250 2,680.95 79
7.000 2,680.95
GOLDEN CO 80403 2 04/04/01 00
0412526527 03 06/01/01 0
0412526527 O 05/01/31
0
4608068 E82/G01 F 360,000.00 ZZ
360 360,000.00 1
7.500 2,517.17 52
7.250 2,517.17
SAN JOSE CA 95112 5 04/03/01 00
0400403333 05 06/01/01 0
0400403333 O 05/01/31
0
1
4608247 714/G01 F 587,000.00 ZZ
360 586,103.94 1
7.375 4,054.26 70
7.125 4,054.26
MEQUON WI 53092 2 02/23/01 00
0432716629 05 04/01/01 0
442039 O 03/01/31
0
4608483 758/G01 F 388,000.00 ZZ
360 387,016.50 1
6.875 2,548.88 80
6.625 2,548.88
HOUSTON TX 77019 1 01/23/01 00
0432707461 07 03/01/01 0
100050 O 02/01/31
0
4609523 964/G01 F 564,000.00 ZZ
360 564,000.00 1
7.250 3,847.48 80
7.000 3,847.48
CENTENNIAL CO 80015 1 04/20/01 00
0432776946 03 06/01/01 0
118567 O 05/01/31
0
4609637 168/168 F 388,500.00 ZZ
360 388,218.81 1
7.625 2,749.78 74
7.375 2,749.78
GAITHERSBURG MD 20878 5 03/22/01 00
0169662438 05 05/01/01 0
0169662438 O 04/01/31
0
4609651 964/G01 F 620,000.00 ZZ
360 620,000.00 1
7.375 4,282.19 66
7.125 4,282.19
DANVILLE CA 94506 5 04/12/01 00
0432775880 05 06/01/01 0
115764 O 05/01/31
0
4609737 964/G01 F 289,600.00 ZZ
360 289,600.00 1
1
7.125 1,951.09 80
6.875 1,951.09
IRVINE CA 92620 2 04/12/01 00
0432754901 05 06/01/01 0
115939 O 05/01/31
0
4609917 K79/G01 F 450,000.00 ZZ
360 449,666.03 1
7.500 3,146.47 65
7.250 3,146.47
HANOVER MA 02339 2 04/02/01 00
0432708188 05 05/01/01 0
136070448361 O 04/01/31
0
4610139 L60/F27 F 124,290.00 ZZ
360 123,935.70 1
7.750 890.43 75
7.500 890.43
EL PASO TX 79938 1 01/02/01 00
6960061525 03 02/01/01 0
6960061525 O 01/01/31
0
4610145 L60/F27 F 292,000.00 ZZ
360 291,531.59 1
7.125 1,967.26 80
6.875 1,967.26
WAXHAW NC 28173 5 02/08/01 00
6610558516 05 04/01/01 0
6610558516 O 03/01/31
0
4610151 L60/F27 F 312,000.00 ZZ
360 311,762.59 1
7.375 2,154.91 57
7.125 2,154.91
XXXX XXXXXX VA 22027 1 03/05/01 00
6920035556 03 05/01/01 0
6920035556 O 04/01/31
0
4610153 L60/F27 F 329,000.00 ZZ
360 328,755.83 1
7.500 2,300.42 61
7.250 2,300.42
ROCK HILL SC 29732 2 03/12/01 00
6610612561 05 05/01/01 0
1
6610612561 O 04/01/31
0
4610158 L60/F27 F 350,000.00 ZZ
360 349,215.87 1
7.500 2,447.25 74
7.250 2,447.25
HAYMARKET VA 20169 1 01/26/01 00
6920026158 03 03/01/01 0
6920026158 O 02/01/31
0
4610159 L60/F27 F 359,100.00 ZZ
360 358,334.72 1
7.750 2,572.64 95
7.500 2,572.64
STEVENSVILLE MD 21666 1 01/15/01 14
6990284480 03 03/01/01 30
6990284480 O 02/01/31
0
4610164 L60/F27 F 366,592.00 ZZ
360 365,546.97 1
7.750 2,626.32 80
7.500 2,626.32
GLEN ALLEN VA 23059 1 12/08/00 00
6990246546 03 02/01/01 0
6990246546 O 01/01/31
0
4610167 L60/F27 F 375,000.00 ZZ
360 374,413.17 1
7.250 2,558.16 78
7.000 2,558.16
STAFFORD VA 22554 1 02/23/01 00
6920015768 03 04/01/01 0
6920015768 O 03/01/31
0
4610170 L60/F27 F 390,000.00 ZZ
360 389,404.65 1
7.375 2,693.64 58
7.125 2,693.64
ANNAPOLIS MD 21403 5 02/16/01 00
6990296977 03 04/01/01 0
6990296977 O 03/01/31
0
1
4610179 L60/F27 F 424,850.00 ZZ
360 422,609.83 1
7.000 2,826.54 80
6.750 2,826.54
MANASSAS VA 20112 1 01/29/01 00
6920025089 03 03/01/01 0
6920025089 O 02/01/31
0
4610189 L60/F27 F 345,350.00 ZZ
360 343,965.32 1
8.875 2,747.76 63
8.625 2,747.76
HAYMARKET VA 20169 4 07/19/00 00
6990311003 03 04/01/01 0
6990311003 O 03/01/31
0
4610190 L60/F27 F 435,600.00 ZZ
360 434,084.37 1
7.750 3,120.70 80
7.500 3,120.70
BURKE VA 22015 1 12/14/00 00
6990270477 03 02/01/01 0
6990270477 O 01/01/31
0
4610192 L60/F27 F 580,000.00 ZZ
360 578,400.34 1
7.125 3,907.57 73
6.875 3,907.57
VIENNA VA 22182 1 01/29/01 00
6920015113 03 03/01/01 0
6920015113 O 02/01/31
0
4610478 964/G01 F 623,000.00 ZZ
360 623,000.00 1
7.250 4,249.96 57
7.000 4,249.96
LOS ANGELES CA 90049 2 04/09/01 00
0432752277 05 06/01/01 0
114603 O 05/01/31
0
4611520 A52/G01 F 480,000.00 ZZ
360 480,000.00 1
7.375 3,315.24 74
7.125 3,315.24
1
CUMMING GA 30040 2 04/20/01 00
0432746063 03 06/01/01 0
14256 O 05/01/31
0
4612548 956/G01 F 362,250.00 ZZ
360 361,974.36 1
7.375 2,501.97 78
7.125 2,501.97
MAGNOLIA TX 77355 2 03/29/01 00
0432747079 03 05/01/01 0
3211010049 O 04/01/31
0
4613133 L46/L46 F 401,700.00 ZZ
360 401,086.78 1
7.375 2,774.45 74
7.125 2,774.45
COPPELL TX 75019 2 03/07/01 00
0000931139 03 04/01/01 0
0000931139 O 03/01/31
0
4613315 F60/G01 F 361,000.00 ZZ
360 361,000.00 1
7.875 2,617.50 76
7.625 2,617.50
MANDEVILLE LA 70448 2 04/16/01 00
0432753283 05 06/01/01 0
FAGAN141383 O 05/01/31
0
4614096 964/G01 F 337,500.00 ZZ
360 337,500.00 1
7.375 2,331.03 75
7.125 2,331.03
SANTA ROSA CA 95404 5 04/18/01 00
0432777068 05 06/01/01 0
116390 O 05/01/31
0
4614222 W39/G01 F 281,500.00 ZZ
360 281,500.00 1
7.625 1,992.44 83
7.375 1,992.44
BILOXI MS 39531 2 04/13/01 01
0432774131 05 06/01/01 12
990732 O 05/01/31
0
1
4614947 964/G01 F 620,000.00 ZZ
360 620,000.00 1
6.750 4,021.31 60
6.500 4,021.31
SCOTTSDALE AZ 85262 5 04/16/01 00
0432777027 05 06/01/01 0
117794 O 05/01/31
0
4615493 E22/G01 F 450,000.00 ZZ
360 449,118.23 1
7.500 3,146.47 69
7.250 3,146.47
SAN JOSE CA 95148 5 03/29/01 00
0412380743 05 05/01/01 0
0412380743 O 04/01/31
0
4615533 E22/G01 F 385,050.00 ZZ
360 385,050.00 1
7.500 2,692.33 85
7.250 2,692.33
WOODBRIDGE CA 95258 2 04/04/01 01
0412518870 05 06/01/01 12
0412518870 O 05/01/31
0
4615534 E22/G01 F 50,000.00 ZZ
360 50,000.00 1
7.625 353.90 75
7.375 353.90
LEBANON TN 37087 2 04/05/01 00
0412519894 05 06/01/01 0
0412519894 O 05/01/31
0
4615915 E76/G01 F 103,000.00 ZZ
360 102,927.31 1
7.750 737.90 49
7.500 737.90
APOPKA FL 32703 5 03/27/01 00
0432714590 05 05/01/01 0
10004274 O 04/01/31
0
4616964 L46/L46 F 649,950.00 ZZ
360 649,455.43 1
1
7.375 4,489.05 76
7.125 4,489.05
UNIVERSITY PARK TX 75225 2 03/15/01 00
0000931097 05 05/01/01 0
0000931097 O 04/01/31
0
4617168 B60/G01 F 490,000.00 ZZ
360 490,000.00 1
7.250 3,342.66 80
7.000 3,342.66
NORWELL MA 02061 1 04/12/01 00
0432743839 05 06/01/01 0
307771 O 05/01/31
0
4618134 964/G01 F 475,000.00 ZZ
360 475,000.00 1
7.250 3,240.34 77
7.000 3,240.34
DOVE CANYON ARE CA 92679 2 04/13/01 00
0432776730 05 06/01/01 0
116481 O 05/01/31
0
4618354 B65/G01 F 475,000.00 ZZ
360 475,000.00 1
7.125 3,200.16 63
6.875 3,200.16
SHELBY TWP MI 48316 2 04/18/01 00
0432755759 05 06/01/01 0
010401719 O 05/01/31
0
4618920 L46/L46 F 380,400.00 ZZ
360 379,504.36 1
7.250 2,595.00 80
7.000 2,595.00
PLANO TX 75093 1 01/18/01 00
0000925719 03 03/01/01 0
0000925719 O 02/01/31
0
4619847 696/G01 F 361,500.00 ZZ
360 361,500.00 1
7.375 2,496.79 46
7.125 2,496.79
GREAT FALLS VA 22066 2 04/05/01 00
0432702207 05 06/01/01 0
1
10101035 O 05/01/31
0
4619848 696/G01 F 317,000.00 ZZ
360 317,000.00 1
7.250 2,162.50 73
7.000 2,162.50
WASHINGTON DC 20016 2 04/06/01 00
0432700383 05 06/01/01 0
32601085 O 05/01/31
0
4621258 E22/G01 F 262,200.00 ZZ
360 262,200.00 1
7.875 1,901.13 45
7.625 1,901.13
SUNNYVALE CA 94087 2 03/29/01 00
0412405839 05 06/01/01 0
0412405839 O 05/01/31
0
4621274 E22/G01 F 305,000.00 ZZ
360 305,000.00 1
7.500 2,132.60 74
7.250 2,132.60
TRACY CA 95377 5 04/06/01 00
0412474199 05 06/01/01 0
0412474199 O 05/01/31
0
4621294 E22/G01 F 380,000.00 ZZ
360 380,000.00 1
7.250 2,592.27 70
7.000 2,592.27
XXXXXX XXXXX NM 87513 4 04/06/01 00
0412507428 05 06/01/01 0
0412507428 O 05/01/31
0
4621295 E22/G01 F 209,000.00 ZZ
360 209,000.00 1
7.250 1,425.75 80
7.000 1,425.75
XXXXXX MI 48169 2 04/06/01 00
0412508400 05 06/01/01 0
0412508400 O 05/01/31
0
1
4621304 E22/G01 F 475,000.00 ZZ
360 475,000.00 1
7.500 3,321.27 61
7.250 3,321.27
LAGUNA BEACH CA 92651 2 04/05/01 00
0412515157 05 06/01/01 0
0412515157 O 05/01/31
0
4622186 624/G01 F 560,000.00 ZZ
360 560,000.00 1
7.125 3,772.82 58
6.875 3,772.82
SCOTTS VALLEY CA 95066 5 03/30/01 00
0432712636 03 06/01/01 0
46000610166F O 05/01/31
0
4622666 P67/G01 F 380,400.00 ZZ
360 380,400.00 1
7.375 2,627.33 64
7.125 2,627.33
STOW MA 01775 2 04/17/01 00
0432747194 05 06/01/01 0
2799 O 05/01/31
0
4623059 069/G01 F 313,600.00 ZZ
360 313,188.31 1
8.125 2,328.48 80
7.875 2,328.48
WHITTIER CA 90601 2 03/05/01 00
0432727899 05 04/01/01 0
35188127428 O 03/01/31
0
4623778 A52/G01 F 290,000.00 ZZ
360 290,000.00 1
7.250 1,978.31 80
7.000 1,978.31
DULUTH GA 30096 2 04/16/01 00
0432752558 05 06/01/01 0
14684 O 05/01/31
0
4623929 964/G01 F 377,500.00 ZZ
360 377,500.00 1
7.375 2,607.30 61
7.125 2,607.30
1
COLFAX CA 95713 5 04/16/01 00
0432776771 05 06/01/01 0
400116357 O 05/01/31
0
4624698 L20/G01 F 315,000.00 ZZ
360 315,000.00 1
7.250 2,148.86 65
7.000 2,148.86
SALT LAKE CITY UT 84109 5 04/06/01 00
0432724797 05 06/01/01 0
281348 O 05/01/31
0
4625122 069/G01 F 444,000.00 ZZ
360 443,355.24 1
7.625 3,142.61 80
7.375 3,142.61
LAGUNA NIGUEL CA 92677 1 02/28/01 00
0432723575 03 04/01/01 0
35188126677 O 03/01/31
0
4625704 R65/G01 F 364,500.00 ZZ
360 364,500.00 1
7.125 2,455.70 72
6.875 2,455.70
LUTHERVILLE MD 21093 2 04/17/01 00
0432763001 03 06/01/01 0
20011573 O 05/01/31
0
4627780 E22/G01 F 350,500.00 ZZ
360 350,500.00 1
7.250 2,391.03 60
7.000 2,391.03
MORAGA CA 94556 2 04/02/01 00
0412500829 05 06/01/01 0
0412500829 O 05/01/31
0
4627789 E22/G01 F 335,900.00 ZZ
360 335,900.00 1
7.125 2,263.02 80
6.875 2,263.02
POTOMAC MD 20854 1 04/12/01 00
0412518995 05 06/01/01 0
0412518995 O 05/01/31
0
1
4627814 E22/G01 F 424,000.00 ZZ
360 424,000.00 1
7.250 2,892.43 80
7.000 2,892.43
ALAMO CA 94507 1 04/10/01 00
0412546806 05 06/01/01 0
0412546806 O 05/01/31
0
4629223 944/G01 F 385,000.00 ZZ
360 384,692.12 1
7.125 2,593.82 69
6.875 2,593.82
SEATTLE WA 98107 1 03/30/01 00
0432720605 05 05/01/01 0
W88006465 O 04/01/31
0
4629591 757/G01 F 353,000.00 ZZ
360 353,000.00 1
7.125 2,378.23 73
6.875 2,378.23
DOTHAN AL 36305 2 04/23/01 00
0432762763 05 06/01/01 0
1KLEINKE O 05/01/31
0
4630242 964/G01 F 334,100.00 ZZ
360 334,100.00 1
7.125 2,250.89 73
6.875 2,250.89
HIGHLANDS RANCH CO 80129 2 04/19/01 00
0432776102 05 06/01/01 0
116583 O 05/01/31
0
4630257 526/526 F 482,933.00 ZZ
360 480,787.31 1
8.375 3,670.64 70
8.125 3,670.64
SCOTTSDALE AZ 85255 1 09/25/00 00
0420278 07 11/01/00 0
0420278 O 10/01/30
0
4630274 526/526 F 303,500.00 ZZ
360 302,612.95 1
1
7.625 2,148.15 75
7.375 2,148.15
SCOTTSDALE AZ 85255 5 12/29/00 00
0435716 07 02/01/01 0
0435716 O 01/01/31
0
4630294 526/526 F 511,500.00 ZZ
360 510,679.49 1
7.125 3,446.07 64
6.875 3,446.07
SAVANNAH GA 31410 5 02/09/01 00
0439258 05 04/01/01 0
0439258 O 03/01/31
0
4630318 526/526 F 300,000.00 ZZ
360 299,530.53 1
7.250 2,046.53 42
7.000 2,046.53
MILPITAS CA 95035 1 02/28/01 00
0440343 07 04/01/01 0
0440343 O 03/01/31
0
4630343 526/526 F 381,500.00 ZZ
360 380,946.01 1
7.625 2,700.23 40
7.375 2,700.23
PILOT HILL CA 95664 5 02/27/01 00
0441317 07 04/01/01 0
0441317 O 03/01/31
0
4630350 526/526 F 352,750.00 ZZ
360 352,494.69 1
7.625 2,496.74 85
7.375 2,496.74
SALT LAKE CITY UT 84124 1 03/02/01 12
0441515 05 05/01/01 12
0441515 O 04/01/31
0
4630852 R65/G01 F 600,000.00 ZZ
360 600,000.00 1
7.125 4,042.31 75
6.875 4,042.31
SPARKS MD 21152 2 04/17/01 00
0432747350 03 06/01/01 0
1
20011828 O 05/01/31
0
4631371 U62/G01 F 305,000.00 ZZ
360 305,000.00 1
6.875 2,003.63 64
6.625 2,003.63
OAKLAND CA 94619 5 04/18/01 00
0432774362 05 06/01/01 0
2001244943 O 05/01/31
0
4638274 E22/G01 F 450,000.00 ZZ
360 450,000.00 1
7.125 3,031.73 64
6.875 3,031.73
EDINA MN 55439 5 04/09/01 00
0412483711 05 06/01/01 0
0412483711 O 05/01/31
0
4638299 E22/G01 F 419,000.00 ZZ
360 419,000.00 1
7.375 2,893.93 66
7.125 2,893.93
AUSTIN TX 78703 5 04/09/01 00
0412520876 05 06/01/01 0
0412520876 O 05/01/31
0
4638312 E22/G01 F 399,999.00 ZZ
360 399,999.00 1
6.875 2,627.71 69
6.625 2,627.71
BAINBRIDGE ISLA WA 98110 1 04/06/01 00
0412538316 05 06/01/01 0
0412538316 O 05/01/31
0
4638319 E22/G01 F 300,000.00 ZZ
360 300,000.00 1
7.375 2,072.03 79
7.125 2,072.03
OKLAHOMA CITY OK 73142 2 04/06/01 00
0412548430 03 06/01/01 0
0412548430 O 05/01/31
0
1
4638625 E82/G01 F 289,750.00 ZZ
360 289,750.00 1
7.375 2,001.23 77
7.125 2,001.23
FORT XXXXXXX CO 80528 2 04/10/01 00
0400408795 03 06/01/01 0
1999329 O 05/01/31
0
4638630 E82/G01 F 356,200.00 ZZ
360 356,200.00 1
7.250 2,429.91 85
7.000 2,429.91
FORT XXXXX AR 72916 2 04/11/01 04
0400407219 05 06/01/01 12
0400407219 O 05/01/31
0
4638633 E82/G01 F 358,450.00 ZZ
360 358,450.00 1
7.250 2,445.26 67
7.000 2,445.26
MINNEAPOLIS MN 55410 2 04/12/01 00
0400414462 05 06/01/01 0
0400414462 O 05/01/31
0
4638702 K21/G01 F 350,000.00 ZZ
360 350,000.00 1
7.375 2,417.36 53
7.125 2,417.36
LOS ANGELES CA 90045 5 04/01/01 00
0432730604 05 06/01/01 0
0113725 O 05/01/31
0
4640105 P29/G01 F 231,000.00 ZZ
360 231,000.00 1
8.250 1,735.43 70
8.000 1,735.43
CUMMING IA 50061 5 04/23/01 00
0432747632 05 06/01/01 0
4611657 O 05/01/31
0
4641724 168/168 F 337,500.00 ZZ
360 337,009.91 1
7.625 2,388.80 90
7.375 2,388.80
1
BARDONIA NY 10954 1 02/08/01 04
0249678667 05 04/01/01 25
0249678667 O 03/01/31
0
4642230 B57/G01 F 399,999.00 ZZ
360 399,999.00 1
7.250 2,728.70 80
7.000 2,728.70
PASADENA CA 91107 1 04/04/01 00
0432731016 05 06/01/01 0
2160043 O 05/01/31
0
4642494 A06/G01 F 430,000.00 ZZ
360 430,000.00 1
7.500 3,006.63 36
7.250 3,006.63
BLOOMFIELD HILL MI 48301 5 04/24/01 00
0432774529 05 06/01/01 0
021000020109575 O 05/01/31
0
4642716 168/168 F 275,000.00 ZZ
360 273,902.22 1
8.125 2,041.87 77
7.875 2,041.87
BABYLON NY 11702 1 10/26/00 00
0189667028 05 12/01/00 0
0189667028 O 11/01/30
0
4643970 168/168 F 300,000.00 T
240 298,389.28 1
7.625 2,439.76 72
7.375 2,439.76
HASTINGS ON HUD NY 10706 1 01/23/01 00
0249678942 05 03/01/01 0
0249678942 O 02/01/21
0
4644944 168/168 F 309,000.00 ZZ
360 308,528.30 1
7.375 2,134.19 90
7.125 2,134.19
LAGRANGE NY 12540 1 02/09/01 14
0249689103 05 04/01/01 25
0249689103 O 03/01/31
0
1
4645926 253/253 F 467,500.00 ZZ
360 467,500.00 1
7.250 3,189.18 53
7.000 3,189.18
DALLAS TX 75229 2 04/24/01 00
968841 05 06/01/01 0
968841 O 05/01/31
0
4646026 696/G01 F 404,000.00 ZZ
360 404,000.00 1
7.250 2,755.99 80
7.000 2,755.99
POTOMAC MD 20854 1 04/12/01 00
0432713899 05 06/01/01 0
31201154 O 05/01/31
0
4646027 696/G01 F 370,000.00 ZZ
360 370,000.00 1
7.000 2,461.62 79
6.750 2,461.62
VIENNA VA 22182 1 04/13/01 00
0432714350 03 06/01/01 0
25301043 O 05/01/31
0
4646029 696/G01 F 524,000.00 ZZ
360 524,000.00 1
7.375 3,619.14 68
7.125 3,619.14
WASHINGTON DC 20009 2 04/11/01 00
0432713196 05 06/01/01 0
32601090 O 05/01/31
0
4647044 E22/G01 F 500,000.00 ZZ
360 500,000.00 1
7.500 3,496.07 63
7.250 3,496.07
LIVERMORE CA 94550 5 04/09/01 00
0412510703 05 06/01/01 0
0412510703 O 05/01/31
0
4647057 E22/G01 F 308,400.00 ZZ
360 308,400.00 1
1
7.500 2,156.38 80
7.250 2,156.38
FARMINGTON MI 48331 2 04/10/01 00
0412522468 05 06/01/01 0
0412522468 O 05/01/31
0
4647079 E22/G01 F 430,000.00 ZZ
360 430,000.00 1
7.125 2,896.99 61
6.875 2,896.99
FOSTER CITY CA 94404 1 04/12/01 00
0412539793 03 06/01/01 0
0412539793 O 05/01/31
0
4647086 E22/G01 F 313,000.00 ZZ
360 313,000.00 1
7.250 2,135.21 64
7.000 2,135.21
GRESHAM OR 97080 2 04/09/01 00
0412546558 05 06/01/01 0
0412546558 O 05/01/31
0
4647401 B57/G01 F 404,000.00 ZZ
360 404,000.00 1
7.000 2,687.82 80
6.750 2,687.82
LOS ANGELES CA 91364 1 04/01/01 00
0432740389 05 06/01/01 0
2112044 O 05/01/31
0
4647604 168/168 F 340,000.00 ZZ
360 339,753.92 1
7.625 2,406.50 80
7.375 2,406.50
MANHASSET NY 11030 1 03/12/01 00
0189706139 05 05/01/01 0
0189706139 O 04/01/31
0
4648934 N47/G01 F 381,700.00 ZZ
360 381,430.60 1
7.750 2,734.55 73
7.500 2,734.55
NAPA CA 94558 2 03/26/01 00
0432746220 05 05/01/01 0
1
20012209 O 04/01/31
0
4649021 168/168 F 400,000.00 ZZ
360 399,703.14 1
7.500 2,796.86 60
7.250 2,796.86
MANHASSET NY 11030 1 03/08/01 00
0189733586 05 05/01/01 0
0189733586 O 04/01/31
0
4650903 168/168 F 312,000.00 ZZ
360 311,768.45 1
7.500 2,181.55 69
7.250 2,181.55
PETALUMA CA 94952 5 03/07/01 00
0439605253 05 05/01/01 0
0439605253 O 04/01/31
0
4651852 168/168 F 412,000.00 ZZ
360 411,386.57 2
7.500 2,880.76 80
7.250 2,880.76
BAYSIDE NY 11361 1 02/16/01 00
0189700572 05 04/01/01 0
0189700572 O 03/01/31
0
4651866 168/168 F 400,000.00 ZZ
360 399,703.14 1
7.500 2,796.86 89
7.250 2,796.86
PINE PLAINS NY 12567 1 03/09/01 14
0249696401 05 05/01/01 25
0249696401 O 04/01/31
0
4652248 757/G01 F 480,000.00 ZZ
360 480,000.00 1
7.000 3,193.46 77
6.750 3,193.46
GREENSBORO GA 30642 2 04/20/01 00
0432751444 03 06/01/01 0
1000217347 O 05/01/31
0
1
4653330 696/G01 F 348,150.00 ZZ
360 348,150.00 1
7.375 2,404.59 75
7.125 2,404.59
ASHBURN VA 20148 5 04/12/01 00
0432719474 03 06/01/01 0
21701061 O 05/01/31
0
4654542 E22/G01 F 144,400.00 ZZ
360 144,400.00 1
8.000 1,059.56 95
7.750 1,059.56
HOQUIAM WA 98550 2 04/10/01 10
0412384737 05 06/01/01 30
0412384737 O 05/01/31
0
4654545 E22/G01 F 500,000.00 ZZ
360 500,000.00 1
7.250 3,410.88 44
7.000 3,410.88
LA JOLLA CA 92037 1 04/06/01 00
0412444457 03 06/01/01 0
0412444457 O 05/01/31
0
4654576 E22/G01 F 284,000.00 ZZ
360 284,000.00 1
7.125 1,913.36 80
6.875 1,913.36
LONG BEACH CA 90815 5 04/06/01 00
0412505273 05 06/01/01 0
0412505273 O 05/01/31
0
4654593 E22/G01 F 357,950.00 ZZ
360 357,950.00 1
7.125 2,411.58 74
6.875 2,411.58
SEATTLE WA 98122 2 04/05/01 00
0412517179 05 06/01/01 0
0412517179 O 05/01/31
0
4654606 E22/G01 F 450,000.00 ZZ
360 450,000.00 1
7.125 3,031.73 65
6.875 3,031.73
1
STOW MA 01775 2 04/12/01 00
0412530024 05 06/01/01 0
0412530024 O 05/01/31
0
4654615 E22/G01 F 850,000.00 ZZ
360 850,000.00 1
7.375 5,870.74 50
7.125 5,870.74
PALOS VERDES ES CA 90274 1 04/12/01 00
0412541385 05 06/01/01 0
0412541385 O 05/01/31
0
4654621 E22/G01 F 60,000.00 ZZ
360 60,000.00 1
8.000 440.26 74
7.750 440.26
ARLINGTON TX 76017 5 04/11/01 00
0412544108 05 06/01/01 0
0412544108 O 05/01/31
0
4654631 E22/G01 F 427,700.00 ZZ
360 427,700.00 1
7.375 2,954.02 68
7.125 2,954.02
WARRENTON VA 22065 2 04/12/01 00
0412557258 05 06/01/01 0
0412557258 O 05/01/31
0
4655011 168/168 F 472,000.00 ZZ
360 470,654.49 1
7.750 3,381.47 80
7.500 3,381.47
MELVILLE NY 11747 1 12/28/00 00
0189691948 05 02/01/01 0
0189691948 O 01/01/31
0
4655120 168/168 F 458,800.00 ZZ
360 456,968.52 1
8.125 3,406.58 80
7.875 3,406.58
LAGUNA NIGUEL CA 92677 1 10/25/00 00
0439564921 03 12/01/00 0
0439564921 O 11/01/30
0
1
4655344 356/G01 F 520,000.00 T
360 519,614.08 1
7.500 3,635.92 57
7.250 3,635.92
CARMEL CA 93923 2 03/21/01 00
0432740249 03 05/01/01 0
2847085 O 04/01/31
0
4655354 168/168 F 462,000.00 ZZ
360 460,964.95 1
7.500 3,230.37 77
7.250 3,230.37
SAN FRANCISCO CA 94131 2 02/02/01 00
0439561272 05 03/01/01 0
0439561272 O 02/01/31
0
4655433 168/168 F 382,400.00 ZZ
360 381,132.23 1
8.125 2,839.31 80
7.875 2,839.31
SAN FRANCISCO CA 94116 1 11/10/00 00
0439568587 05 01/01/01 0
0439568587 O 12/01/30
0
4655602 168/168 F 306,000.00 ZZ
360 305,105.63 1
7.625 2,165.85 75
7.375 2,165.85
CORTLANDT MANOR NY 10567 1 12/29/00 00
0219678497 05 02/01/01 0
0219678497 O 01/01/31
0
4655904 757/G01 F 367,500.00 T
360 367,500.00 1
7.500 2,569.62 70
7.250 2,569.62
TROUTMAN NC 28677 2 04/26/01 00
0432776870 05 06/01/01 0
1000207090 O 05/01/31
0
4655991 168/168 F 525,000.00 ZZ
360 524,237.62 1
1
7.625 3,715.92 75
7.375 3,715.92
SOUTH SALEM NY 10590 2 02/13/01 00
0189700254 05 04/01/01 0
0189700254 O 03/01/31
0
4656173 R65/G01 F 558,000.00 ZZ
360 558,000.00 1
7.125 3,759.35 80
6.875 3,759.35
CHEVY CHASE MD 20815 2 04/24/01 00
0432773745 05 06/01/01 0
20012210 O 05/01/31
0
4656189 168/168 F 380,700.00 ZZ
360 380,160.88 1
7.750 2,727.38 90
7.500 2,727.38
WHITESTONE NY 11357 1 02/15/01 11
0189705396 05 04/01/01 25
0189705396 O 03/01/31
0
4656326 168/168 F 378,000.00 ZZ
360 376,895.20 1
7.625 2,675.46 80
7.375 2,675.46
SAN JOSE CA 95123 1 12/20/00 00
0439572096 05 02/01/01 0
0439572096 O 01/01/31
0
4656470 E87/G01 F 510,000.00 ZZ
360 510,000.00 1
7.000 3,393.04 70
6.750 3,393.04
GOLETA CA 93117 1 04/18/01 00
0432774495 05 06/01/01 0
70003398 O 05/01/31
0
4656888 F62/F62 F 384,750.00 ZZ
360 384,750.00 1
7.625 2,723.24 90
7.375 2,723.24
DAVIE FL 33325 1 04/20/01 04
18904 05 06/01/01 25
1
18904 O 05/01/31
0
4657600 168/168 F 43,200.00 ZZ
360 43,138.82 1
7.750 309.49 8
7.500 309.49
SANTA CLARA CA 95051 1 01/26/01 00
0439582954 05 04/01/01 0
0439582954 O 03/01/31
0
4658091 P67/G01 F 311,000.00 ZZ
360 311,000.00 1
7.375 2,148.00 80
7.125 2,148.00
MILLBURN NJ 07041 2 04/25/01 00
0432776011 05 06/01/01 0
LESBURG O 05/01/31
0
4658138 168/168 F 400,000.00 ZZ
360 399,419.16 1
7.625 2,831.17 89
7.375 2,831.17
LOS ANGELES CA 90027 1 02/08/01 11
0439596084 05 04/01/01 25
0439596084 O 03/01/31
0
4658234 168/168 F 453,300.00 ZZ
360 452,404.40 1
8.125 3,365.74 80
7.875 3,365.74
SAN JOSE CA 95111 1 01/26/01 00
0439579376 05 03/01/01 0
0439579376 O 02/01/31
0
4658358 168/168 F 384,000.00 ZZ
360 383,428.26 1
7.500 2,684.98 80
7.250 2,684.98
SAN JOSE CA 95123 1 02/09/01 00
0439573289 05 04/01/01 0
0439573289 O 03/01/31
0
1
4658359 253/253 F 312,000.00 ZZ
360 312,000.00 1
7.250 2,128.39 74
7.000 2,128.39
EVERGREEN CO 80439 2 04/06/01 00
966034 05 06/01/01 0
966034 O 05/01/31
0
4658802 E85/G01 F 363,750.00 ZZ
360 363,466.24 1
7.250 2,481.42 75
7.000 2,481.42
SEBASTOPOL CA 95472 1 03/21/01 00
0432750719 05 05/01/01 0
9609622 O 04/01/31
0
4659218 168/168 F 416,000.00 ZZ
360 415,380.61 1
7.500 2,908.73 80
7.250 2,908.73
BERKLEY CA 94707 1 02/26/01 00
0439598087 05 04/01/01 0
0439598087 O 03/01/31
0
4659708 696/G01 F 340,000.00 ZZ
360 340,000.00 1
7.750 2,435.80 80
7.500 2,435.80
VIENNA VA 22182 1 04/13/01 00
0432723369 03 06/01/01 0
22801009 O 05/01/31
0
4660217 286/286 F 355,000.00 ZZ
360 354,743.06 1
7.625 2,512.67 79
7.375 2,512.67
BETHESDA MD 20817 2 03/16/01 00
290403 05 05/01/01 0
290403 O 04/01/31
0
4660218 286/286 F 340,000.00 ZZ
360 339,760.02 1
7.750 2,435.81 65
7.500 2,435.81
1
NORTH POTOMAC MD 20878 2 03/15/01 00
262602 05 05/01/01 0
262602 O 04/01/31
0
4660222 286/286 F 150,000.00 ZZ
360 149,888.67 1
7.500 1,048.83 45
7.250 1,048.83
ARLINGTON VA 22202 5 03/23/01 00
298924 05 05/01/01 0
298924 O 04/01/31
0
4660225 286/286 F 436,800.00 ZZ
360 436,459.25 1
7.250 2,979.75 80
7.000 2,979.75
WASHINGTON DC 20016 1 03/15/01 00
302040 05 05/01/01 0
302040 O 04/01/31
0
4660226 286/286 F 390,000.00 ZZ
360 389,717.73 1
7.625 2,760.40 80
7.375 2,760.40
CORTLANDT MANOR NY 10567 1 03/16/01 00
241276 05 05/01/01 0
241276 O 04/01/31
0
4660232 286/286 F 326,400.00 ZZ
360 326,163.76 1
7.625 2,310.24 80
7.375 2,310.24
APACHE JUNCTION AZ 85219 2 03/13/01 00
278278 05 05/01/01 0
278278 O 04/01/31
0
4660234 286/286 F 486,200.00 ZZ
360 485,889.97 1
8.250 3,652.66 74
8.000 3,652.66
LOWER GWYNEDD PA 19002 2 03/16/01 00
171623 05 05/01/01 0
171623 O 04/01/31
0
1
4660235 286/286 F 368,000.00 ZZ
360 367,719.98 1
7.375 2,541.69 80
7.125 2,541.69
WASHINGTON DC 20009 1 03/16/01 00
294474 01 05/01/01 0
294474 O 04/01/31
0
4660237 286/286 F 355,000.00 ZZ
360 354,723.06 1
7.250 2,421.73 77
7.000 2,421.73
WASHINGTON DC 20007 1 03/15/01 00
147080 05 05/01/01 0
147080 O 04/01/31
0
4660243 286/286 F 70,000.00 ZZ
360 69,946.73 1
7.375 483.48 47
7.125 483.48
HILLSBOROUGH NJ 08844 2 03/12/01 00
150061 05 05/01/01 0
150061 O 04/01/31
0
4660245 286/286 F 615,000.00 T
360 614,520.24 1
7.250 4,195.39 69
7.000 4,195.39
LONG BEACH NJ 08008 2 03/20/01 00
145688 05 05/01/01 0
145688 O 04/01/31
0
4660246 286/286 F 340,000.00 ZZ
360 339,747.67 1
7.500 2,377.33 80
7.250 2,377.33
SILVER SPRING MD 20902 2 03/23/01 00
303240 05 05/01/01 0
303240 O 04/01/31
0
4660248 286/286 F 409,900.00 ZZ
360 409,595.79 1
1
7.500 2,866.09 80
7.250 2,866.09
ANTIOCH CA 94509 1 03/13/01 00
9569072 05 05/01/01 0
9569072 O 04/01/31
0
4660249 286/286 F 346,050.00 ZZ
360 345,786.69 1
7.375 2,390.08 80
7.125 2,390.08
MARIETTA GA 30067 2 03/15/01 00
278689 03 05/01/01 0
278689 O 04/01/31
0
4660251 286/286 F 385,600.00 ZZ
360 385,313.82 1
7.500 2,696.18 80
7.250 2,696.18
AKRON OH 44319 2 03/19/01 00
272586 05 05/01/01 0
272586 O 04/01/31
0
4660252 286/286 F 161,000.00 ZZ
360 160,889.19 1
7.875 1,167.37 73
7.625 1,167.37
NEW MILFORD NJ 07464 2 03/16/01 00
58010 05 05/01/01 0
58010 O 04/01/31
0
4660253 286/286 F 350,000.00 ZZ
360 349,720.12 1
7.125 2,358.01 71
6.875 2,358.01
PHOENIX AZ 85013 1 03/22/01 00
229382 05 05/01/01 0
229382 O 04/01/31
0
4660257 286/286 F 348,000.00 ZZ
360 347,741.73 1
7.500 2,433.27 72
7.250 2,433.27
GAITHERSBURG MD 20882 2 03/19/01 00
230904 05 05/01/01 0
1
230904 O 04/01/31
0
4660261 286/286 F 362,500.00 ZZ
360 362,230.97 1
7.500 2,534.66 78
7.250 2,534.66
TUCSON AZ 85749 2 03/15/01 00
294153 05 05/01/01 0
294153 O 04/01/31
0
4660262 286/286 F 206,250.00 ZZ
360 206,089.10 1
7.250 1,406.99 75
7.000 1,406.99
SPRING TX 77389 2 03/15/01 00
278344 03 05/01/01 0
278344 O 04/01/31
0
4660267 286/286 F 523,100.00 ZZ
360 522,660.53 1
6.875 3,436.40 79
6.625 3,436.40
PLYMOUTH MEETIN PA 19462 1 03/16/01 00
287901 05 05/01/01 0
287901 O 04/01/31
0
4660276 286/286 F 400,000.00 ZZ
360 399,695.62 1
7.375 2,762.71 80
7.125 2,762.71
CHEVY CHASE MD 20815 1 03/16/01 00
234940 05 05/01/01 0
234940 O 04/01/31
0
4660279 286/286 F 498,900.00 ZZ
360 498,565.24 1
8.000 3,660.76 72
7.750 3,660.76
WASHINGTON DC 20037 2 03/16/01 00
298583 06 05/01/01 0
298583 O 04/01/31
0
1
4660281 286/286 F 282,000.00 ZZ
360 281,785.41 1
7.375 1,947.71 78
7.125 1,947.71
ROCKVILLE MD 20850 2 03/23/01 00
308527 05 05/01/01 0
308527 O 04/01/31
0
4660284 286/286 F 367,500.00 ZZ
360 367,227.26 1
7.500 2,569.62 67
7.250 2,569.62
NEW LENOX IL 60451 2 03/19/01 00
229705 05 05/01/01 0
229705 O 04/01/31
0
4660285 286/286 F 325,110.00 ZZ
360 324,856.38 1
7.250 2,217.83 90
7.000 2,217.83
ATLANTA GA 30324 2 03/15/01 12
245172 01 05/01/01 25
245172 O 04/01/31
0
4660287 286/286 F 526,500.00 ZZ
360 526,128.40 1
7.750 3,771.92 77
7.500 3,771.92
LITTLETON CO 80123 2 03/16/01 00
280557 05 05/01/01 0
280557 O 04/01/31
0
4660288 286/286 F 476,500.00 ZZ
360 476,163.69 1
7.750 3,413.71 62
7.500 3,413.71
CLARKSVILLE MD 21029 2 03/16/01 00
93298 05 05/01/01 0
93298 O 04/01/31
0
4660289 286/286 F 340,400.00 ZZ
360 340,140.98 1
7.375 2,351.06 80
7.125 2,351.06
1
VIENNA VA 22181 1 03/15/01 00
188420 03 05/01/01 0
188420 O 04/01/31
0
4660293 286/286 F 178,000.00 ZZ
360 177,861.14 1
7.250 1,214.28 72
7.000 1,214.28
MORTON GROVE IL 60053 2 03/23/01 00
259797 05 05/01/01 0
259797 O 04/01/31
0
4660297 286/286 F 316,500.00 ZZ
360 316,270.92 1
7.625 2,240.17 62
7.375 2,240.17
PORTLAND OR 97229 2 03/23/01 00
266868 03 05/01/01 0
266868 O 04/01/31
0
4660300 286/286 F 320,000.00 ZZ
360 319,750.36 1
7.250 2,182.97 78
7.000 2,182.97
MILFORD MI 48381 2 03/19/01 00
293211 05 05/01/01 0
293211 O 04/01/31
0
4660301 286/286 F 500,000.00 ZZ
360 499,619.54 1
7.375 3,453.38 70
7.125 3,453.38
NEW ALBANY OH 43054 2 03/22/01 00
276526 03 05/01/01 0
276526 O 04/01/31
0
4660305 286/286 F 370,000.00 ZZ
360 369,711.36 1
7.250 2,524.06 75
7.000 2,524.06
NAPERVILLE IL 60564 2 03/23/01 00
256599 05 05/01/01 0
256599 O 04/01/31
0
1
4660306 286/286 F 348,000.00 ZZ
360 347,741.73 1
7.500 2,433.27 80
7.250 2,433.27
LONG BEACH CA 90807 1 03/13/01 00
291934 05 05/01/01 0
291934 O 04/01/31
0
4660310 286/286 F 443,300.00 ZZ
360 442,971.01 1
7.500 3,099.62 80
7.250 3,099.62
BLOOMFIELD HILL MI 48301 2 03/15/01 00
290613 05 05/01/01 0
290613 O 04/01/31
0
4660311 286/286 F 384,000.00 T
360 383,715.02 1
7.500 2,684.99 80
7.250 2,684.99
TUCSON AZ 85730 1 03/20/01 00
280780 05 05/01/01 0
280780 O 04/01/31
0
4660318 286/286 F 390,000.00 ZZ
360 389,703.23 1
7.375 2,693.64 75
7.125 2,693.64
ASHBURN VA 20147 5 03/19/01 00
307971 03 05/01/01 0
307971 O 04/01/31
0
4660319 286/286 F 299,150.00 ZZ
360 298,922.37 1
7.375 2,066.16 75
7.125 2,066.16
ARLINGTON VA 22207 2 03/20/01 00
306826 05 05/01/01 0
306826 O 04/01/31
0
4660321 286/286 F 301,000.00 ZZ
360 300,770.96 1
1
7.375 2,078.94 95
7.125 2,078.94
DECATUR GA 30030 2 03/19/01 12
173859 03 05/01/01 30
173859 O 04/01/31
0
4660325 286/286 F 218,000.00 ZZ
360 217,860.99 1
8.250 1,637.76 59
8.000 1,637.76
CONIFER CO 80433 2 03/23/01 00
233358 05 05/01/01 0
233358 O 04/01/31
0
4660328 286/286 F 404,000.00 ZZ
360 403,707.59 1
7.625 2,859.49 80
7.375 2,859.49
CHELTENHAM MD 20623 2 03/09/01 00
228503 03 05/01/01 0
228503 O 04/01/31
0
4660329 286/286 F 189,000.00 ZZ
360 188,863.20 1
7.625 1,337.74 70
7.375 1,337.74
COMMERCE TWP MI 48382 2 03/21/01 00
258148 05 05/01/01 0
258148 O 04/01/31
0
4660334 286/286 F 364,000.00 ZZ
360 363,736.55 1
7.625 2,576.37 74
7.375 2,576.37
GAITHERSBURG MD 20878 2 03/23/01 00
299132 03 05/01/01 0
299132 O 04/01/31
0
4660337 286/286 F 450,000.00 ZZ
360 449,648.95 1
7.250 3,069.80 72
7.000 3,069.80
DAYTON OH 45458 1 03/21/01 00
266170 05 05/01/01 0
1
266170 O 04/01/31
0
4660338 286/286 F 330,500.00 ZZ
360 330,278.23 1
8.000 2,425.10 74
7.750 2,425.10
ROSELLE IL 60172 2 03/21/01 00
214317 05 05/01/01 0
214317 O 04/01/31
0
4660340 286/286 F 407,200.00 ZZ
360 406,905.28 1
7.625 2,882.14 80
7.375 2,882.14
CHICAGO IL 60613 1 03/21/01 00
278704 01 05/01/01 0
278704 O 04/01/31
0
4660343 286/286 F 396,000.00 ZZ
360 395,698.67 1
7.375 2,735.08 71
7.125 2,735.08
LAKE MARY FL 32746 2 03/20/01 00
296774 03 05/01/01 0
296774 O 04/01/31
0
4660346 286/286 F 464,000.00 ZZ
360 463,664.16 1
7.625 3,284.17 74
7.375 3,284.17
DENVER CO 80202 2 03/15/01 00
280145 08 05/01/01 0
280145 O 04/01/31
0
4660347 286/286 F 300,000.00 ZZ
360 299,803.76 1
8.125 2,227.49 75
7.875 2,227.49
ERIE CO 80516 5 03/15/01 00
279176 03 05/01/01 0
279176 O 04/01/31
0
1
4660348 286/286 F 295,200.00 ZZ
360 294,975.37 1
7.375 2,038.88 80
7.125 2,038.88
DOWNINGTOWN PA 19335 2 03/23/01 00
290712 03 05/01/01 0
290712 O 04/01/31
0
4660350 286/286 F 400,000.00 ZZ
360 399,731.61 1
8.000 2,935.06 65
7.750 2,935.06
ST LOUIS MO 63122 2 03/19/01 00
272169 05 05/01/01 0
272169 O 04/01/31
0
4660351 286/286 F 320,000.00 ZZ
360 319,744.10 1
7.125 2,155.90 54
6.875 2,155.90
SAVANNAH GA 31406 2 03/23/01 00
231034 05 05/01/01 0
231034 O 04/01/31
0
4660352 286/286 F 330,000.00 ZZ
360 329,767.08 1
7.750 2,364.17 77
7.500 2,364.17
HARTLAND WI 53029 2 03/16/01 00
232903 05 05/01/01 0
232903 O 04/01/31
0
4660356 286/286 F 372,000.00 ZZ
360 371,709.80 1
7.250 2,537.70 71
7.000 2,537.70
OCONOMOWOC WI 53066 2 03/15/01 00
278944 05 05/01/01 0
278944 O 04/01/31
0
4660357 286/286 F 376,000.00 ZZ
360 375,706.68 1
7.250 2,564.99 80
7.000 2,564.99
1
PORTLAND OR 97202 2 03/23/01 00
266753 05 05/01/01 0
266753 O 04/01/31
0
4660359 286/286 F 649,000.00 ZZ
360 648,481.00 1
7.125 4,372.44 69
6.875 4,372.44
PEORIA IL 61615 2 03/23/01 00
303160 05 05/01/01 0
303160 O 04/01/31
0
4660360 286/286 F 363,000.00 ZZ
360 362,737.26 1
7.625 2,569.30 80
7.375 2,569.30
SIMI VALLEY CA 93065 2 03/24/01 00
311050 03 05/01/01 0
311050 O 04/01/31
0
4660365 286/286 F 622,700.00 ZZ
360 622,237.87 1
7.500 4,354.01 80
7.250 4,354.01
SCOTTSDALE AZ 85265 1 03/21/01 00
312440 03 05/01/01 0
312440 O 04/01/31
0
4660371 286/286 F 150,000.00 ZZ
360 149,880.05 1
7.125 1,010.58 62
6.875 1,010.58
CENTERVILLE MA 02632 2 03/23/01 00
301381 05 05/01/01 0
301381 O 04/01/31
0
4660374 286/286 F 325,000.00 ZZ
360 324,746.46 1
7.250 2,217.08 80
7.000 2,217.08
RAMSEY NJ 07446 2 03/20/01 00
290537 05 05/01/01 0
290537 O 04/01/31
0
1
4660375 286/286 F 280,000.00 ZZ
360 279,807.31 1
7.875 2,030.19 69
7.625 2,030.19
BOULDER CO 80304 5 03/19/01 00
232951 05 05/01/01 0
232951 O 04/01/31
0
4660377 286/286 F 470,000.00 ZZ
360 469,651.19 1
7.500 3,286.31 64
7.250 3,286.31
LIVERMORE CA 94550 5 03/06/01 00
294257 05 05/01/01 0
294257 O 04/01/31
0
4660380 286/286 F 328,000.00 ZZ
360 327,744.13 1
7.250 2,237.54 80
7.000 2,237.54
PHOENIX AZ 85048 1 03/20/01 00
278619 05 05/01/01 0
278619 O 04/01/31
0
4660382 286/286 F 302,000.00 ZZ
360 301,775.87 1
7.500 2,111.63 68
7.250 2,111.63
FREMONT CA 94555 2 03/16/01 00
266691 05 05/01/01 0
266691 O 04/01/31
0
4660383 286/286 F 100,700.00 ZZ
360 100,637.41 1
8.375 765.39 80
8.125 765.39
DELAWARE OH 43015 1 03/15/01 00
233979 05 05/01/01 0
233979 O 04/01/31
0
4660385 286/286 F 302,400.00 ZZ
360 302,164.10 1
1
7.250 2,062.91 80
7.000 2,062.91
RALEIGH NC 27608 1 03/22/01 00
284055 05 05/01/01 0
284055 O 04/01/31
0
4660387 286/286 F 312,000.00 ZZ
360 311,756.60 1
7.250 2,128.40 80
7.000 2,128.40
MERRITT ISLAND FL 32952 1 03/16/01 00
297497 03 05/01/01 0
297497 O 04/01/31
0
4660395 286/286 F 322,400.00 ZZ
360 322,142.18 1
7.125 2,172.07 80
6.875 2,172.07
EL CAJON CA 92019 1 03/22/01 00
9955436 05 05/01/01 0
9955436 O 04/01/31
0
4660396 286/286 F 330,000.00 ZZ
360 329,761.16 1
7.625 2,335.72 74
7.375 2,335.72
BURBANK CA 91501 2 03/12/01 00
9815626 05 05/01/01 0
9815626 O 04/01/31
0
4660397 286/286 F 297,000.00 ZZ
360 296,779.58 1
7.500 2,076.67 78
7.250 2,076.67
LAS VEGAS NV 89129 2 03/09/01 00
9813537 03 05/01/01 0
9813537 O 04/01/31
0
4660401 286/286 F 400,000.00 ZZ
360 399,703.14 1
7.500 2,796.86 77
7.250 2,796.86
ISSAQUAH WA 98029 2 03/09/01 00
9814447 03 05/01/01 0
1
9814447 O 04/01/31
0
4660402 286/286 F 80,000.00 ZZ
360 79,940.63 1
7.500 559.37 72
7.250 559.37
LAKE VILLA IL 60046 2 03/23/01 00
9827217 05 05/01/01 0
9827217 O 04/01/31
0
4660405 286/286 F 381,600.00 ZZ
360 381,316.80 1
7.500 2,668.20 80
7.250 2,668.20
MARSHFIELD MA 02050 1 03/15/01 00
9790440 05 05/01/01 0
9790440 O 04/01/31
0
4660406 286/286 F 402,000.00 ZZ
360 401,723.35 1
7.875 2,914.78 77
7.625 2,914.78
DUBLIN CA 94568 2 03/09/01 00
9814382 03 05/01/01 0
9814382 O 04/01/31
0
4660407 286/286 F 425,300.00 ZZ
360 424,968.22 1
7.250 2,901.30 80
7.000 2,901.30
SAN DIEGO CA 92130 1 02/22/01 00
9964309 03 05/01/01 0
9964309 O 04/01/31
0
4660408 286/286 F 480,000.00 ZZ
360 479,643.77 1
7.500 3,356.23 80
7.250 3,356.23
SANDY UT 84092 2 03/19/01 00
9818901 03 05/01/01 0
9818901 O 04/01/31
0
1
4660411 286/286 F 419,000.00 ZZ
360 418,689.04 1
7.500 2,929.71 68
7.250 2,929.71
VALLEY CENTER CA 92082 1 03/16/01 00
9825267 05 05/01/01 0
9825267 O 04/01/31
0
4660415 286/286 F 345,000.00 ZZ
360 344,768.51 1
8.000 2,531.49 69
7.750 2,531.49
OAKLEY CA 94561 2 03/15/01 00
9814573 05 05/01/01 0
9814573 O 04/01/31
0
4660417 286/286 F 650,000.00 ZZ
360 649,529.55 1
7.625 4,600.66 69
7.375 4,600.66
XXXXXXXXX MN 55398 2 03/20/01 00
9793846 05 05/01/01 0
9793846 O 04/01/31
0
4660426 286/286 F 500,000.00 ZZ
360 499,628.93 1
7.500 3,496.07 38
7.250 3,496.07
HILLSBOROUGH CA 94010 2 03/06/01 00
9809038 05 05/01/01 0
9809038 O 04/01/31
0
4660427 286/286 F 384,000.00 ZZ
360 383,715.02 1
7.500 2,684.98 80
7.250 2,684.98
SANTA ROSA CA 95405 1 02/12/01 00
9806250 05 05/01/01 0
9806250 O 04/01/31
0
4660438 286/286 F 401,000.00 ZZ
360 400,709.77 1
7.625 2,838.25 66
7.375 2,838.25
1
SEATTLE WA 98112 2 03/12/01 00
9807222 05 05/01/01 0
9807222 O 04/01/31
0
4660440 286/286 F 101,500.00 ZZ
360 101,431.90 1
8.000 744.77 49
7.750 744.77
HANOVER MA 02339 2 03/15/01 00
9811596 05 05/01/01 0
9811596 O 04/01/31
0
4660441 286/286 F 315,000.00 ZZ
360 314,766.22 1
7.500 2,202.53 70
7.250 2,202.53
FREMONT CA 94538 2 03/16/01 00
9810277 05 05/01/01 0
9810277 O 04/01/31
0
4660446 286/286 F 532,000.00 ZZ
360 531,633.88 1
7.875 3,857.37 47
7.625 3,857.37
OAKLAND CA 94610 2 03/05/01 00
9809922 05 05/01/01 0
9809922 O 04/01/31
0
4660447 286/286 F 492,000.00 ZZ
360 491,661.41 1
7.875 3,567.34 79
7.625 3,567.34
SUNNYVALE CA 94086 2 03/07/01 00
9812683 05 05/01/01 0
9812683 O 04/01/31
0
4660448 286/286 F 319,950.00 ZZ
360 319,712.55 1
7.500 2,237.14 80
7.250 2,237.14
PLEASANT HILL CA 94523 1 03/06/01 00
9954749 05 05/01/01 0
9954749 O 04/01/31
0
1
4660449 286/286 F 318,000.00 ZZ
360 317,769.85 1
7.625 2,250.78 75
7.375 2,250.78
SANTA CLARA CA 95050 2 03/09/01 00
9815691 05 05/01/01 0
9815691 O 04/01/31
0
4660451 286/286 F 316,200.00 ZZ
360 315,953.34 1
7.250 2,157.04 80
7.000 2,157.04
PHOENIX MD 21131 2 03/26/01 00
9951945 05 05/01/01 0
9951945 O 04/01/31
0
4660454 286/286 F 377,000.00 ZZ
360 376,733.92 1
7.750 2,700.87 89
7.500 2,700.87
HAYWARD CA 94545 2 03/09/01 19
9805118 05 05/01/01 25
9805118 O 04/01/31
0
4660455 286/286 F 528,000.00 ZZ
360 527,577.77 1
7.125 3,557.23 80
6.875 3,557.23
COLTON CA 92324 1 03/22/01 00
9953261 05 05/01/01 0
9953261 O 04/01/31
0
4660456 286/286 F 650,000.00 ZZ
360 649,563.86 1
8.000 4,769.47 60
7.750 4,769.47
SAN FRANCISCO CA 94131 2 03/08/01 00
9812510 05 05/01/01 0
9812510 O 04/01/31
0
4660458 286/286 F 309,600.00 ZZ
360 309,370.23 1
1
7.500 2,164.77 80
7.250 2,164.77
WASHINGTON DC 20015 1 03/19/01 00
9953362 05 05/01/01 0
9953362 O 04/01/31
0
4660462 286/286 F 507,000.00 ZZ
360 506,642.16 1
7.750 3,632.21 63
7.500 3,632.21
FREMONT CA 94539 2 03/08/01 00
9812552 05 05/01/01 0
9812552 O 04/01/31
0
4660464 286/286 F 311,000.00 ZZ
360 310,791.32 1
8.000 2,282.01 80
7.750 2,282.01
ORANGE CA 92869 2 03/12/01 00
9815661 05 05/01/01 0
9815661 O 04/01/31
0
4660470 286/286 F 450,000.00 ZZ
360 449,657.58 1
7.375 3,108.04 70
7.125 3,108.04
LAKE FOREST IL 60045 1 03/20/01 00
9820197 05 05/01/01 0
9820197 O 04/01/31
0
4660472 286/286 F 394,000.00 ZZ
360 393,700.20 1
7.375 2,721.26 71
7.125 2,721.26
SANTA BARBARA CA 93111 5 03/08/01 00
9818624 05 05/01/01 0
9818624 O 04/01/31
0
4660475 286/286 F 333,000.00 ZZ
360 332,758.99 1
7.625 2,356.95 72
7.375 2,356.95
SAN JOSE CA 95131 2 03/09/01 00
9810399 05 05/01/01 0
1
9810399 O 04/01/31
0
4660478 286/286 F 337,000.00 ZZ
360 336,743.57 1
7.375 2,327.58 78
7.125 2,327.58
DAVIDSONVILLE MD 21035 2 03/16/01 00
9953407 03 05/01/01 0
9953407 O 04/01/31
0
4660484 286/286 F 600,000.00 ZZ
360 599,531.94 1
7.250 4,093.06 80
7.000 4,093.06
MONTEREY CA 93940 1 03/16/01 00
9805128 05 05/01/01 0
9805128 O 04/01/31
0
4660487 286/286 F 535,000.00 ZZ
360 534,582.65 1
7.250 3,649.64 80
7.000 3,649.64
IRVINE CA 92620 2 03/13/01 00
9814241 03 05/01/01 0
9814241 O 04/01/31
0
4660488 286/286 F 294,500.00 ZZ
360 294,292.15 1
7.750 2,109.83 95
7.500 2,109.83
CONCORD CA 94520 1 03/13/01 14
9818885 05 05/01/01 30
9818885 O 04/01/31
0
4660489 286/286 F 575,000.00 ZZ
360 574,551.45 1
7.250 3,922.51 80
7.000 3,922.51
SCOTTSDALE AZ 85259 1 03/13/01 00
9819537 03 05/01/01 0
9819537 O 04/01/31
0
1
4660490 286/286 F 499,000.00 ZZ
360 498,656.59 1
7.875 3,618.10 78
7.625 3,618.10
IRVINE CA 92618 2 03/13/01 00
9813774 03 05/01/01 0
9813774 O 04/01/31
0
4660494 286/286 F 400,000.00 ZZ
360 399,717.68 1
7.750 2,865.65 69
7.500 2,865.65
LYNNFIELD MA 01940 2 03/14/01 00
9811689 05 05/01/01 0
9811689 O 04/01/31
0
4660497 286/286 F 440,000.00 ZZ
360 439,665.20 1
7.375 3,038.97 80
7.125 3,038.97
SAN FRANCISCO CA 94110 2 03/07/01 00
9808604 05 05/01/01 0
9808604 O 04/01/31
0
4660501 286/286 F 375,000.00 ZZ
360 374,766.92 1
8.375 2,850.27 40
8.125 2,850.27
CUPERTINO CA 95014 2 03/09/01 00
9810527 05 05/01/01 0
9810527 O 04/01/31
0
4660503 286/286 F 560,000.00 ZZ
360 559,573.89 1
7.375 3,867.78 80
7.125 3,867.78
SAN DIEGO CA 92130 1 03/20/01 00
9826822 05 05/01/01 0
9826822 O 04/01/31
0
4660504 286/286 F 375,200.00 ZZ
360 374,921.55 1
7.500 2,623.45 74
7.250 2,623.45
1
HIGHLAND PARK TX 75209 2 03/26/01 00
9817757 05 05/01/01 0
9817757 O 04/01/31
0
4660507 286/286 F 400,000.00 ZZ
360 399,717.68 1
7.750 2,865.65 42
7.500 2,865.65
CAMPBELL CA 95008 5 03/13/01 00
9820683 05 05/01/01 0
9820683 O 04/01/31
0
4660509 286/286 F 135,000.00 ZZ
360 134,902.29 1
7.625 955.52 54
7.375 955.52
SAN DIEGO CA 92111 2 03/15/01 00
9814167 05 05/01/01 0
9814167 O 04/01/31
0
4660511 286/286 F 215,000.00 ZZ
360 214,832.28 1
7.250 1,466.68 71
7.000 1,466.68
BENICIA CA 94510 1 03/13/01 00
9813982 03 05/01/01 0
9813982 O 04/01/31
0
4660513 286/286 F 296,400.00 ZZ
360 296,196.02 1
7.875 2,149.11 62
7.625 2,149.11
WALNUT CREEK CA 94598 2 03/19/01 00
9815831 05 05/01/01 0
9815831 O 04/01/31
0
4660514 286/286 F 416,000.00 ZZ
360 415,691.27 1
7.500 2,908.73 80
7.250 2,908.73
SHERWOOD OR 97140 2 03/13/01 00
9817617 05 05/01/01 0
9817617 O 04/01/31
0
1
4660515 286/286 F 552,000.00 ZZ
360 551,590.34 1
7.500 3,859.66 80
7.250 3,859.66
NORTH ANDOVER MA 01845 1 03/15/01 00
9812388 05 05/01/01 0
9812388 O 04/01/31
0
4660516 286/286 F 580,000.00 ZZ
360 579,500.63 1
6.750 3,761.87 80
6.500 3,761.87
PORT TOBACCO MD 20677 2 03/23/01 00
9954853 05 05/01/01 0
9954853 O 04/01/31
0
4660520 286/286 F 460,000.00 ZZ
360 459,641.16 1
7.250 3,138.01 64
7.000 3,138.01
SAN DIEGO CA 92130 2 03/09/01 00
9813409 03 05/01/01 0
9813409 O 04/01/31
0
4660521 286/286 F 304,000.00 ZZ
360 303,815.83 1
8.500 2,337.50 80
8.250 2,337.50
CHICAGO IL 60611 2 03/21/01 00
9822310 06 05/01/01 0
9822310 O 04/01/31
0
4660522 286/286 F 464,000.00 ZZ
360 463,646.94 1
7.375 3,204.73 80
7.125 3,204.73
SEABROOK TX 77586 1 03/16/01 00
9818890 03 05/01/01 0
9818890 O 04/01/31
0
4660528 286/286 F 408,000.00 ZZ
360 407,697.20 1
1
7.500 2,852.80 80
7.250 2,852.80
BETHESDA MD 20817 1 03/16/01 00
9953972 05 05/01/01 0
9953972 O 04/01/31
0
4660529 286/286 F 501,600.00 ZZ
360 501,227.74 1
7.500 3,507.26 80
7.250 3,507.26
CARLSBAD CA 92009 1 03/09/01 00
9817158 03 05/01/01 0
9817158 O 04/01/31
0
4660532 286/286 F 608,000.00 ZZ
360 607,570.88 1
7.750 4,355.79 80
7.500 4,355.79
VENTURA CA 93003 1 03/08/01 00
9807611 05 05/01/01 0
9807611 O 04/01/31
0
4660533 286/286 F 346,400.00 ZZ
360 346,129.77 1
7.250 2,363.06 80
7.000 2,363.06
SAN JOSE CA 95131 2 03/09/01 00
9810478 05 05/01/01 0
9810478 O 04/01/31
0
4660534 286/286 F 350,000.00 ZZ
360 349,746.68 1
7.625 2,477.28 77
7.375 2,477.28
CARLSBAD CA 92009 1 03/15/01 00
9815282 03 05/01/01 0
9815282 O 04/01/31
0
4660539 286/286 F 492,500.00 ZZ
360 492,134.50 1
7.500 3,443.63 52
7.250 3,443.63
GRANITE BAY CA 95746 2 03/08/01 00
9808165 03 05/01/01 0
1
9808165 O 04/01/31
0
4660542 286/286 F 352,000.00 ZZ
360 351,751.56 1
7.750 2,521.77 80
7.500 2,521.77
WHITTIER CA 90601 1 03/14/01 00
9781950 05 05/01/01 0
9781950 O 04/01/31
0
4660544 286/286 F 320,000.00 ZZ
360 319,756.51 1
7.375 2,210.16 80
7.125 2,210.16
MILPITAS CA 95035 1 03/16/01 00
9802295 03 05/01/01 0
9802295 O 04/01/31
0
4660546 286/286 F 399,960.00 ZZ
360 399,655.67 1
7.375 2,762.42 80
7.125 2,762.42
BELLEVUE WA 98006 1 03/20/01 00
9823635 03 05/01/01 0
9823635 O 04/01/31
0
4660548 286/286 F 500,000.00 ZZ
360 499,609.95 1
7.250 3,410.88 72
7.000 3,410.88
LOS ANGELES CA 90039 1 03/05/01 00
9817209 05 05/01/01 0
9817209 O 04/01/31
0
4660555 286/286 F 443,800.00 ZZ
360 443,486.77 1
7.750 3,179.44 80
7.500 3,179.44
SAN JOSE CA 95133 1 03/13/01 00
9816635 05 05/01/01 0
9816635 O 04/01/31
0
1
4661534 B57/G01 F 628,500.00 ZZ
360 628,500.00 1
7.500 4,394.56 78
7.250 4,394.56
LOS ANGELES CA 91604 2 04/04/01 00
0432740488 05 06/01/01 0
2110305 O 05/01/31
0
4661650 696/G01 F 556,000.00 ZZ
360 556,000.00 1
7.375 3,840.15 79
7.125 3,840.15
BETHESDA MD 20817 2 04/11/01 00
0432719268 05 06/01/01 0
30201062 O 05/01/31
0
4662241 E22/G01 F 900,000.00 ZZ
360 900,000.00 4
7.625 6,370.14 35
7.375 6,370.14
BOSTON MA 02116 5 04/13/01 00
0412421216 05 06/01/01 0
0412421216 O 05/01/31
0
4662247 E22/G01 F 225,000.00 ZZ
360 225,000.00 1
7.250 1,534.90 46
7.000 1,534.90
CALABASAS CA 91302 5 04/06/01 00
0412450959 05 06/01/01 0
0412450959 O 05/01/31
0
4662274 E22/G01 F 315,000.00 ZZ
360 315,000.00 1
7.500 2,202.53 54
7.250 2,202.53
OAK PARK IL 60302 2 04/13/01 00
0412508863 05 06/01/01 0
0412508863 O 05/01/31
0
4662282 E22/G01 F 616,700.00 ZZ
360 616,700.00 1
7.375 4,259.39 62
7.125 4,259.39
1
ASPEN CO 81611 2 04/12/01 00
0412516908 01 06/01/01 0
0412516908 O 05/01/31
0
4662285 E22/G01 F 440,000.00 ZZ
360 440,000.00 1
7.750 3,152.21 67
7.500 3,152.21
DURANGO CO 81301 2 04/13/01 00
0412519498 05 06/01/01 0
0412519498 O 05/01/31
0
4662290 E22/G01 F 528,000.00 ZZ
360 528,000.00 1
7.250 3,601.89 80
7.000 3,601.89
PLEASANTON CA 94566 1 04/13/01 00
0412522427 05 06/01/01 0
0412522427 O 05/01/31
0
4662292 E22/G01 F 103,000.00 ZZ
360 103,000.00 1
7.875 746.82 55
7.625 746.82
ALAHAMBRA CA 91813 2 04/04/01 00
0412528671 05 06/01/01 0
0412528671 O 05/01/31
0
4662317 E22/G01 F 192,000.00 ZZ
360 192,000.00 1
7.750 1,375.51 94
7.500 1,375.51
ENGLEWOOD CO 80112 2 04/13/01 04
0412558470 05 06/01/01 30
0412558470 O 05/01/31
0
4662580 E82/G01 F 741,000.00 ZZ
360 741,000.00 1
7.375 5,117.90 42
7.125 5,117.90
SAN JOSE CA 95120 2 04/12/01 00
0400412532 05 06/01/01 0
0400412532 O 05/01/31
0
1
4662681 168/168 F 297,000.00 ZZ
360 296,568.71 1
7.625 2,102.15 67
7.375 2,102.15
HAYWARD CA 94545 2 02/13/01 00
0439593239 05 04/01/01 0
0439593239 O 03/01/31
0
4662763 F96/G01 F 484,000.00 ZZ
360 484,000.00 1
7.125 3,260.80 80
6.875 3,260.80
BELLAIRE TX 77401 1 04/27/01 00
0432775476 05 06/01/01 0
0102237 O 05/01/31
0
4665435 E84/G01 F 308,000.00 ZZ
360 307,759.73 1
7.250 2,101.10 78
7.000 2,101.10
HUNTINGTON MD 20639 2 03/22/01 00
0432718823 05 05/01/01 0
70305991 O 04/01/31
0
4665633 163/163 F 500,000.00 ZZ
360 499,619.54 1
7.375 3,453.38 78
7.125 3,453.38
KOHLER WI 53044 2 03/05/01 00
80347435 05 05/01/01 0
80347435 O 04/01/31
0
4666024 624/G01 F 400,000.00 ZZ
360 400,000.00 1
6.750 2,594.39 48
6.500 2,594.39
PEBBLE BEACH CA 93953 5 03/30/01 00
0432741718 05 06/01/01 0
88611010226 O 05/01/31
0
4666201 163/163 F 311,000.00 ZZ
360 310,780.50 1
1
7.750 2,228.04 80
7.500 2,228.04
PETALUMA CA 94954 2 03/06/01 00
718024523 05 05/01/01 0
718024523 O 04/01/31
0
4666590 163/163 F 457,250.00 ZZ
360 456,602.48 1
7.750 3,275.79 51
7.500 3,275.79
NASSAU NY 11765 2 02/07/01 00
1000146238 05 04/01/01 0
1000146238 O 03/01/31
0
4667131 163/163 F 300,000.00 ZZ
360 299,798.70 1
8.000 2,201.30 93
7.750 2,201.30
MILTON MA 02186 1 03/30/01 11
1000269620 05 05/01/01 30
1000269620 O 04/01/31
0
4667469 163/163 F 750,000.00 ZZ
360 749,414.92 1
7.250 5,116.33 43
7.000 5,116.33
WAYLAND MA 01778 1 03/30/01 00
1000232489 05 05/01/01 0
1000232489 O 04/01/31
0
4667667 286/286 F 457,000.00 ZZ
360 456,669.23 1
7.625 3,234.62 65
7.375 3,234.62
PARKER CO 80134 2 03/26/01 00
279898 03 05/01/01 0
279898 O 04/01/31
0
4667681 286/286 F 344,625.00 ZZ
360 344,369.24 1
7.500 2,409.67 75
7.250 2,409.67
FRANKLIN WI 53132 5 03/20/01 00
279773 05 05/01/01 0
1
279773 O 04/01/31
0
4667685 286/286 F 319,900.00 ZZ
360 319,668.46 1
7.625 2,264.24 80
7.375 2,264.24
DUXBURY MA 02332 1 03/27/01 00
302423 05 05/01/01 0
302423 O 04/01/31
0
4667721 286/286 F 326,000.00 ZZ
360 325,781.26 1
8.000 2,392.07 57
7.750 2,392.07
LOUISVILLE CO 80027 2 03/27/01 00
278397 05 05/01/01 0
278397 O 04/01/31
0
4667757 286/286 F 328,000.00 ZZ
360 327,737.70 1
7.125 2,209.80 80
6.875 2,209.80
COLLEYVILLE TX 76034 2 03/22/01 00
285243 03 05/01/01 0
285243 O 04/01/31
0
4667759 286/286 F 625,000.00 ZZ
360 624,547.63 1
7.625 4,423.72 70
7.375 4,423.72
CINCINNATI OH 45243 5 03/23/01 00
278782 05 05/01/01 0
278782 O 04/01/31
0
4667772 286/286 F 386,000.00 ZZ
360 385,713.53 1
7.500 2,698.97 61
7.250 2,698.97
COLLEYVILLE TX 76034 2 03/26/01 00
280782 03 05/01/01 0
280782 O 04/01/31
0
1
4667773 286/286 F 426,350.00 ZZ
360 426,041.42 1
7.625 3,017.68 74
7.375 3,017.68
LADERA RANCH CA 92694 1 03/23/01 00
296109 05 05/01/01 0
296109 O 04/01/31
0
4667774 286/286 F 406,000.00 ZZ
360 405,691.06 1
7.375 2,804.15 80
7.125 2,804.15
BETHESA MD 20817 2 03/26/01 00
282429 05 05/01/01 0
282429 O 04/01/31
0
4667776 286/286 F 380,000.00 ZZ
360 379,717.98 1
7.500 2,657.02 74
7.250 2,657.02
JAMUL CA 91935 1 03/27/01 00
341466 05 05/01/01 0
341466 O 04/01/31
0
4667779 286/286 F 303,000.00 ZZ
360 302,769.44 1
7.375 2,092.75 64
7.125 2,092.75
N POTOMAC MD 20878 2 03/26/01 00
9650717 03 05/01/01 0
9650717 O 04/01/31
0
4667780 286/286 F 326,000.00 ZZ
360 325,751.94 1
7.375 2,251.61 72
7.125 2,251.61
NEWTOWN PA 18940 1 03/28/01 00
295529 05 05/01/01 0
295529 O 04/01/31
0
4667807 286/286 F 476,000.00 ZZ
360 475,628.67 1
7.250 3,247.16 65
7.000 3,247.16
1
SAN RAMON CA 94583 1 03/21/01 00
8782645 05 05/01/01 0
8782645 O 04/01/31
0
4667841 286/286 F 523,950.00 ZZ
360 523,551.32 1
7.375 3,618.79 80
7.125 3,618.79
SAN JOSE CA 95148 1 03/20/01 00
9803653 05 05/01/01 0
9803653 O 04/01/31
0
4667869 286/286 F 326,000.00 ZZ
360 325,786.75 1
8.125 2,420.54 54
7.875 2,420.54
FREMONT CA 94555 2 03/21/01 00
9814474 03 05/01/01 0
9814474 O 04/01/31
0
4667889 286/286 F 352,000.00 ZZ
360 351,751.56 1
7.750 2,521.77 70
7.500 2,521.77
FEDERAL WAY WA 98003 2 03/26/01 00
9951724 05 05/01/01 0
9951724 O 04/01/31
0
4667917 286/286 F 435,000.00 ZZ
360 434,708.12 1
8.000 3,191.88 75
7.750 3,191.88
LA CANADA FLINT CA 91011 1 03/16/01 00
9824434 05 05/01/01 0
9824434 O 04/01/31
0
4667940 286/286 F 300,000.00 ZZ
360 299,782.87 1
7.625 2,123.38 93
7.375 2,123.38
PASADENA MD 21122 1 03/28/01 11
9711829 05 05/01/01 30
9711829 O 04/01/31
0
1
4667943 286/286 F 550,000.00 ZZ
360 549,591.82 1
7.500 3,845.68 43
7.250 3,845.68
PENN VALLEY CA 95946 2 03/12/01 00
9957088 05 05/01/01 0
9957088 O 04/01/31
0
4668376 163/163 F 483,000.00 ZZ
360 482,632.48 1
7.375 3,335.96 74
7.125 3,335.96
LOS ANGELES CA 90068 2 03/05/01 00
1417982671 05 05/01/01 0
1417982671 O 04/01/31
0
4668392 163/163 F 304,000.00 ZZ
360 303,774.39 1
7.500 2,125.61 76
7.250 2,125.61
SANTA ROSA CA 95401 2 03/01/01 00
717925035 05 05/01/01 0
717925035 O 04/01/31
0
4668639 163/163 F 313,900.00 ZZ
360 313,655.13 1
7.250 2,141.35 82
7.000 2,141.35
TEANECK NJ 07666 2 03/13/01 04
402563716 05 05/01/01 12
402563716 O 04/01/31
0
4668968 026/G01 F 416,000.00 ZZ
360 416,000.00 1
7.375 2,873.21 70
7.125 2,873.21
CHARLOTTESVILLE VA 22901 2 04/06/01 00
0432749919 05 06/01/01 0
0200835297 O 05/01/31
0
4669329 N47/G01 F 364,000.00 ZZ
360 364,000.00 1
1
7.750 2,607.74 34
7.500 2,607.74
ENGLEWOOD CO 80111 2 04/09/01 00
0432746873 05 06/01/01 0
20011616 O 05/01/31
0
4669637 696/G01 F 324,650.00 ZZ
360 324,650.00 1
7.375 2,242.28 80
7.125 2,242.28
MANASSAS VA 20112 1 04/12/01 00
0432725166 03 06/01/01 0
25100170 O 05/01/31
0
4669639 696/G01 F 364,000.00 ZZ
360 364,000.00 1
7.250 2,483.12 50
7.000 2,483.12
POTOMAC MD 20854 1 04/19/01 00
0432724508 05 06/01/01 0
25601034 O 05/01/31
0
4669640 696/G01 F 460,000.00 ZZ
360 460,000.00 1
7.000 3,060.39 77
6.750 3,060.39
CHEVY CHASE MD 20815 1 04/13/01 00
0432724821 05 06/01/01 0
31201183 O 05/01/31
0
4669671 U42/G01 F 335,500.00 ZZ
360 335,500.00 1
7.250 2,288.70 79
7.000 2,288.70
PARKER CO 80138 2 04/20/01 00
0432755999 05 06/01/01 0
28100260 O 05/01/31
0
4669803 163/163 F 420,000.00 ZZ
360 419,680.41 1
7.375 2,900.84 80
7.125 2,900.84
RANDOLPH NJ 07869 1 03/27/01 00
1000243632 05 05/01/01 0
1
1000243632 O 04/01/31
0
4670550 K88/G01 F 336,000.00 ZZ
360 335,737.88 1
7.250 2,292.12 70
7.000 2,292.12
WOODCLIFF LAKE NJ 07675 1 04/02/01 00
0432744605 05 05/01/01 0
14572 O 04/01/31
0
4671044 E22/G01 F 388,000.00 ZZ
360 388,000.00 1
7.125 2,614.03 80
6.875 2,614.03
SAN JOSE CA 95125 2 03/28/01 00
0412492928 09 06/01/01 0
0412492928 O 05/01/31
0
4671052 E22/G01 F 445,000.00 ZZ
360 445,000.00 1
7.500 3,111.50 76
7.250 3,111.50
MISSION VIEJO CA 92692 2 04/10/01 00
0412508590 03 06/01/01 0
0412508590 O 05/01/31
0
4671060 E22/G01 F 296,000.00 ZZ
360 296,000.00 1
7.000 1,969.30 53
6.750 1,969.30
PLEASANTON CA 94588 5 04/11/01 00
0412529216 05 06/01/01 0
0412529216 O 05/01/31
0
4671075 E22/G01 F 585,000.00 ZZ
360 585,000.00 3
7.250 3,990.73 75
7.000 3,990.73
LOS ANGELES CA 90019 1 04/14/01 00
0412553885 05 06/01/01 0
0412553885 O 05/01/31
0
1
4671296 163/163 F 324,800.00 ZZ
360 324,564.91 1
7.625 2,298.92 80
7.375 2,298.92
SETAUKET NY 11733 1 03/21/01 00
1000227380 05 05/01/01 0
1000227380 O 04/01/31
0
4671340 E82/G01 F 305,850.00 ZZ
360 305,850.00 1
7.375 2,112.43 73
7.125 2,112.43
NEW HYDE PARK NY 11040 2 04/16/01 00
0400412912 05 06/01/01 0
0400412912 O 05/01/31
0
4671344 E82/G01 F 345,000.00 ZZ
360 345,000.00 1
7.250 2,353.51 75
7.000 2,353.51
IJAMSVILLE MD 21754 2 04/13/01 00
0400404984 05 06/01/01 0
0400404984 O 05/01/31
0
4671349 T35/G01 F 315,000.00 ZZ
360 315,000.00 1
7.125 2,122.21 68
6.875 2,122.21
SANTA ROSA CA 95405 5 04/06/01 00
0400406500 05 06/01/01 0
0400406500 O 05/01/31
0
4671586 163/163 F 437,000.00 ZZ
360 436,675.68 1
7.500 3,055.57 68
7.250 3,055.57
MIDDLETON MA 01949 5 03/29/01 00
1000237929 05 05/01/01 0
1000237929 O 04/01/31
0
4672017 E60/G01 F 308,000.00 ZZ
360 307,728.26 1
6.625 1,972.16 80
6.375 1,972.16
1
LOS ANGELES CA 91423 1 03/21/01 00
0432755619 01 05/01/01 0
521638 O 04/01/31
0
4672481 E60/G01 F 275,000.00 ZZ
360 275,000.00 1
6.750 1,783.65 36
6.500 1,783.65
NEWPORT BEACH CA 92660 2 04/09/01 00
0432745750 03 06/01/01 0
523002 O 05/01/31
0
4672911 163/163 F 430,000.00 ZZ
360 429,672.81 1
7.375 2,969.90 69
7.125 2,969.90
SCOTTSDALE AZ 85255 2 03/08/01 00
402211848 03 05/01/01 0
402211848 O 04/01/31
0
4672928 163/163 F 341,000.00 ZZ
360 340,740.53 1
7.375 2,355.20 90
7.125 2,355.20
LAFAYETTE LA 70503 1 03/23/01 10
0002137235 05 05/01/01 25
0002137235 O 04/01/31
0
4673324 163/163 F 535,000.00 ZZ
360 534,592.91 1
7.375 3,695.11 49
7.125 3,695.11
MUTTONTOWN NY 11791 2 03/22/01 00
3217831035 05 05/01/01 0
3217831035 O 04/01/31
0
4673808 163/163 F 525,000.00 ZZ
360 524,218.30 1
7.500 3,670.88 72
7.250 3,670.88
CHEVY CHASE MD 20815 2 03/01/01 00
917919764 05 04/01/01 0
917919764 O 03/01/31
0
1
4674466 168/168 F 352,000.00 ZZ
360 351,069.56 1
8.125 2,613.59 78
7.875 2,613.59
LIVERMORE CA 94550 1 12/26/00 00
0439548276 05 02/01/01 0
0439548276 O 01/01/31
0
4674723 550/550 F 325,000.00 ZZ
360 325,000.00 1
7.250 2,217.08 37
7.000 2,217.08
MILL VALLEY CA 94941 2 03/28/01 00
120517706 05 06/01/01 0
120517706 O 05/01/31
0
4674899 168/168 F 602,500.00 ZZ
360 602,041.54 1
7.375 4,161.32 71
7.125 4,161.32
SALINAS CA 93908 2 03/01/01 00
0439574030 05 05/01/01 0
0439574030 O 04/01/31
0
4675051 168/168 F 352,000.00 ZZ
360 351,171.24 1
7.250 2,401.26 80
7.000 2,401.26
HAYWARD CA 94542 1 01/26/01 00
0439582601 05 03/01/01 0
0439582601 O 02/01/31
0
4675825 168/168 F 310,000.00 ZZ
360 309,305.50 1
7.500 2,167.56 90
7.250 2,167.56
BAY SHORE NY 11706 1 01/22/01 10
0189697695 05 03/01/01 25
0189697695 O 02/01/31
0
4677129 696/G01 F 412,000.00 ZZ
360 412,000.00 1
1
7.375 2,845.58 80
7.125 2,845.58
ALEXANDRIA VA 22302 1 04/17/01 00
0432729416 03 06/01/01 0
25101057 O 05/01/31
0
4677429 411/411 F 365,000.00 ZZ
360 365,000.00 1
7.500 2,552.13 76
7.250 2,552.13
CHARLESTOWN MA 02129 1 04/03/01 00
0020023025 05 06/01/01 0
0020023025 O 05/01/31
0
4678803 E22/G01 F 481,500.00 ZZ
360 481,500.00 1
7.125 3,243.95 74
6.875 3,243.95
NORTH PALM BEAC FL 33408 2 04/16/01 00
0412518185 05 06/01/01 0
0412518185 O 05/01/31
0
4678812 E22/G01 F 475,000.00 ZZ
360 475,000.00 1
7.250 3,240.34 57
7.000 3,240.34
KINGS BEACH CA 96143 2 04/16/01 00
0412525297 05 06/01/01 0
0412525297 O 05/01/31
0
4678993 253/253 F 348,000.00 ZZ
360 348,000.00 1
7.375 2,403.55 80
7.125 2,403.55
AUSTIN TX 78759 1 04/05/01 00
956057 05 06/01/01 0
956057 O 05/01/31
0
4679211 168/168 F 498,750.00 ZZ
360 498,397.98 1
7.750 3,573.11 75
7.500 3,573.11
SEA CLIFF NY 11579 2 02/28/01 00
0189696885 05 05/01/01 0
1
0189696885 O 04/01/31
0
4679296 E82/G01 F 300,000.00 ZZ
360 300,000.00 1
7.375 2,072.03 80
7.125 2,072.03
SEATTLE WA 98116 2 04/18/01 00
0400416889 05 06/01/01 0
0400416889 O 05/01/31
0
4679305 E82/G01 F 359,400.00 ZZ
360 359,400.00 1
7.500 2,512.98 76
7.250 2,512.98
SAN LEANDRO CA 94577 2 04/11/01 00
0400412516 05 06/01/01 0
4027226 O 05/01/31
0
4679308 E82/G01 F 246,000.00 ZZ
360 246,000.00 1
7.250 1,678.15 70
7.000 1,678.15
CHATTAROY WA 99003 2 04/19/01 00
0400414603 05 06/01/01 0
3464221 O 05/01/31
0
4679311 E82/G01 F 408,000.00 ZZ
360 408,000.00 1
7.125 2,748.77 64
6.875 2,748.77
SAVANNAH GA 31411 2 04/17/01 00
0400407276 09 06/01/01 0
0400407276 O 05/01/31
0
4679548 168/168 F 425,000.00 ZZ
360 424,676.61 1
7.375 2,935.37 78
7.125 2,935.37
SOUTH SAN FRANC CA 94080 1 03/02/01 00
0439611814 05 05/01/01 0
0439611814 O 04/01/31
0
1
4679839 168/168 F 300,000.00 ZZ
360 299,530.53 1
7.250 2,046.53 79
7.000 2,046.53
APTOS CA 95003 2 02/21/01 00
0439609810 05 04/01/01 0
0439609810 O 03/01/31
0
4680042 168/168 F 386,250.00 ZZ
360 384,969.44 1
8.125 2,867.90 75
7.875 2,867.90
CLAYTON CA 94517 1 11/21/00 00
0439578639 05 01/01/01 0
0439578639 O 12/01/30
0
4680652 168/168 F 597,000.00 ZZ
360 596,111.11 1
7.500 4,174.31 76
7.250 4,174.31
SUNNYVALE CA 94087 2 02/02/01 00
0439561337 05 04/01/01 0
0439561337 O 03/01/31
0
4681941 168/168 F 389,000.00 ZZ
360 388,711.31 1
7.500 2,719.94 70
7.250 2,719.94
DANVILLE CA 94526 5 03/14/01 00
0439625254 01 05/01/01 0
0439625254 O 04/01/31
0
4682007 964/G01 F 472,000.00 ZZ
360 471,640.84 1
7.375 3,259.99 80
7.125 3,259.99
SAN FRANCISCO CA 94122 2 03/01/01 00
0432756013 05 05/01/01 0
113214 O 04/01/31
0
4683395 168/168 F 435,800.00 ZZ
360 435,476.57 1
7.500 3,047.18 72
7.250 3,047.18
1
HUNTINGTON BEAC CA 92648 2 03/06/01 00
0439590949 03 05/01/01 0
0439590949 O 04/01/31
0
4683413 168/168 F 378,400.00 T
360 377,613.63 1
7.875 2,743.66 80
7.625 2,743.66
SAN LUIS OBISPO CA 93401 1 01/26/01 00
0869342410 05 03/01/01 0
0869342410 O 02/01/31
0
4683512 168/168 F 518,000.00 ZZ
360 517,605.84 1
7.375 3,577.70 70
7.125 3,577.70
MORGAN HILL CA 95037 5 03/12/01 00
0439611261 05 05/01/01 0
0439611261 O 04/01/31
0
4684009 168/168 F 355,000.00 ZZ
360 354,736.54 1
7.500 2,482.21 62
7.250 2,482.21
DISCOVERY BAY CA 94514 5 03/08/01 00
0439598745 03 05/01/01 0
0439598745 O 04/01/31
0
4684130 696/G01 F 483,600.00 ZZ
360 483,600.00 1
7.125 3,258.10 80
6.875 3,258.10
WASHINGTON DC 20009 1 04/18/01 00
0432732766 05 06/01/01 0
32601083 O 05/01/31
0
4684140 696/G01 F 360,000.00 ZZ
360 360,000.00 1
7.250 2,455.83 80
7.000 2,455.83
POTOMAC MD 20854 2 04/18/01 00
0432732717 03 06/01/01 0
25701031 O 05/01/31
0
1
4684204 168/168 F 425,000.00 ZZ
360 424,116.79 1
7.875 3,081.54 67
7.625 3,081.54
IRVINE CA 92612 1 01/29/01 00
0439608244 09 03/01/01 0
0439608244 O 02/01/31
0
4686356 E22/G01 F 430,000.00 ZZ
360 430,000.00 1
7.250 2,933.36 69
7.000 2,933.36
DANVILLE CA 94526 2 04/05/01 00
0412421059 05 06/01/01 0
0412421059 O 05/01/31
0
4686367 E22/G01 F 391,600.00 ZZ
360 391,600.00 1
7.375 2,704.68 79
7.125 2,704.68
LITTLETON CO 80124 2 04/18/01 00
0412479719 03 06/01/01 0
0412479719 O 05/01/31
0
4686387 E22/G01 F 520,000.00 ZZ
360 520,000.00 1
7.125 3,503.34 54
6.875 3,503.34
SARATOGA CA 95070 2 04/17/01 00
0412513814 05 06/01/01 0
0412513814 O 05/01/31
0
4686398 E22/G01 F 300,900.00 ZZ
360 300,900.00 1
7.125 2,027.22 70
6.875 2,027.22
LITTLETON CO 80126 2 04/18/01 00
0412521312 03 06/01/01 0
0412521312 O 05/01/31
0
4686404 E22/G01 F 326,500.00 ZZ
360 326,500.00 1
1
7.125 2,199.69 66
6.875 2,199.69
RENTON WA 98056 2 04/18/01 00
0412523821 05 06/01/01 0
0412523821 O 05/01/31
0
4686406 E22/G01 F 499,000.00 ZZ
360 499,000.00 1
7.000 3,319.86 74
6.750 3,319.86
EDEN PRAIRIE MN 55347 2 04/18/01 00
0412523979 05 06/01/01 0
0412523979 O 05/01/31
0
4686460 E22/G01 F 368,000.00 ZZ
360 368,000.00 1
7.125 2,479.28 80
6.875 2,479.28
PORTLAND OR 97229 1 04/19/01 00
0412573941 05 06/01/01 0
0412573941 O 05/01/31
0
4686551 168/168 F 650,000.00 ZZ
360 649,517.61 1
7.500 4,544.89 78
7.250 4,544.89
MENLO PARK CA 94025 1 03/07/01 00
0439578132 05 05/01/01 0
0439578132 O 04/01/31
0
4686569 168/168 F 297,000.00 ZZ
360 296,579.41 1
7.750 2,127.74 70
7.500 2,127.74
SAN JOSE CA 95123 2 02/02/01 00
0439581877 05 04/01/01 0
0439581877 O 03/01/31
0
4686583 168/168 F 368,000.00 ZZ
360 367,424.11 1
7.250 2,510.41 80
7.000 2,510.41
CLARENCE NY 14031 1 02/14/01 00
0189715367 05 04/01/01 0
1
0189715367 O 03/01/31
0
4686723 168/168 F 322,000.00 ZZ
360 321,278.60 1
7.500 2,251.47 80
7.250 2,251.47
HUNTINGTON NY 11743 1 01/12/01 00
BUFFO00N11632S 05 03/01/01 0
BUFFO00N11632S O 02/01/31
0
4686725 168/168 F 312,000.00 ZZ
360 311,523.72 1
7.375 2,154.91 76
7.125 2,154.91
YORBA LINDA CA 92886 2 02/13/01 00
0439590515 09 04/01/01 0
0439590515 O 03/01/31
0
4686796 168/168 F 548,000.00 ZZ
360 547,184.06 1
7.500 3,831.70 80
7.250 3,831.70
SUNNYVALE CA 94086 2 02/27/01 00
0439594111 05 04/01/01 0
0439594111 O 03/01/31
0
4686902 168/168 F 281,500.00 ZZ
360 281,080.87 1
7.500 1,968.29 74
7.250 1,968.29
ARCADIA CA 91006 1 02/23/01 00
0439611903 05 04/01/01 0
0439611903 O 03/01/31
0
4688212 E85/G01 F 300,000.00 ZZ
360 300,000.00 1
7.500 2,097.64 58
7.250 2,097.64
ROHNERT PARK CA 94928 2 04/03/01 00
0432753606 05 06/01/01 0
9609077 O 05/01/31
0
1
4688711 163/163 F 348,800.00 ZZ
360 348,553.82 1
7.750 2,498.85 78
7.500 2,498.85
CHICAGO IL 60645 2 03/09/01 00
3917927726 05 05/01/01 0
3917927726 O 04/01/31
0
4689569 168/168 F 360,000.00 ZZ
360 359,193.47 1
7.500 2,517.17 72
7.250 2,517.17
FOSTER CITY CA 94404 1 01/24/01 00
0439551978 09 03/01/01 0
0439551978 O 02/01/31
0
4689704 168/168 F 479,600.00 ZZ
360 478,577.95 1
7.750 3,435.91 80
7.500 3,435.91
CORONADO CA 92118 2 01/10/01 00
0439552117 05 03/01/01 0
0439552117 O 02/01/31
0
4689785 168/168 F 468,000.00 ZZ
360 466,977.37 1
7.625 3,312.47 80
7.375 3,312.47
SAN BRUNO CA 94066 1 01/25/01 00
0439574935 05 03/01/01 0
0439574935 O 02/01/31
0
4689944 168/168 F 312,000.00 ZZ
360 311,590.44 1
8.125 2,316.59 90
7.875 2,316.59
BROOKLYN NY 11223 1 02/28/01 14
0189752386 05 04/01/01 25
0189752386 O 03/01/31
0
4689977 163/163 F 292,500.00 ZZ
360 292,298.70 1
7.875 2,120.83 75
7.625 2,120.83
1
GALLATIN GATEWA MT 59730 5 03/08/01 00
402470359 05 05/01/01 0
402470359 O 04/01/31
0
4690758 E82/G01 F 424,300.00 ZZ
360 424,300.00 1
7.375 2,930.53 54
7.125 2,930.53
BRIDGEWATER NJ 08807 2 04/20/01 00
0400413845 05 06/01/01 0
0400413845 O 05/01/31
0
4691006 B65/G01 F 306,000.00 ZZ
360 306,000.00 1
7.250 2,087.46 51
7.000 2,087.46
DUBLIN OH 43017 2 04/18/01 00
0432743482 05 06/01/01 0
01047767 O 05/01/31
0
4691525 163/163 F 300,000.00 ZZ
360 299,793.54 1
7.875 2,175.21 94
7.625 2,175.21
RENTON WA 98056 1 03/22/01 11
818093270 03 05/01/01 30
818093270 O 04/01/31
0
4692061 163/163 F 335,920.00 ZZ
360 335,664.39 1
7.375 2,320.12 80
7.125 2,320.12
LONG BEACH CA 90803 1 03/26/01 00
02103052 05 05/01/01 0
02103052 O 04/01/31
0
4692569 A06/G01 F 322,500.00 ZZ
360 322,500.00 1
7.375 2,227.43 75
7.125 2,227.43
WEST BLOOMFIELD MI 48323 2 04/06/01 00
0432754513 05 06/01/01 0
1 O 05/01/31
0
1
4692605 U42/G01 F 525,300.00 ZZ
360 525,300.00 1
7.250 3,583.47 80
7.000 3,583.47
LITTLETON CO 80124 1 04/27/01 00
0432776045 03 06/01/01 0
28100319 O 05/01/31
0
4694490 E22/G01 F 350,000.00 ZZ
360 350,000.00 1
7.500 2,447.25 72
7.250 2,447.25
FREMONT CA 94539 5 04/10/01 00
0412503039 05 06/01/01 0
0412503039 O 05/01/31
0
4694537 E22/G01 F 76,500.00 ZZ
360 76,500.00 1
7.500 534.90 90
7.250 534.90
MIAMI FL 33174 1 04/24/01 04
0412568115 01 06/01/01 25
0412568115 O 05/01/31
0
4694684 G52/G01 F 372,350.00 ZZ
360 372,350.00 1
7.375 2,571.73 80
7.125 2,571.73
AUSTIN TX 78759 1 03/30/01 00
0432738086 03 06/01/01 0
74504658 O 05/01/31
0
4694798 E82/G01 F 641,800.00 ZZ
360 641,800.00 1
7.250 4,378.21 54
7.000 4,378.21
SANTA BARBARA CA 93111 2 04/18/01 00
0400413928 05 06/01/01 0
1957262 O 05/01/31
0
4694815 T35/G01 F 320,000.00 ZZ
360 320,000.00 1
1
6.750 2,075.51 59
6.500 2,075.51
THOUSAND OAKS CA 91320 2 04/16/01 00
0400413704 05 06/01/01 0
0400413704 O 05/01/31
0
4694858 163/163 F 321,500.00 ZZ
360 321,249.20 1
7.250 2,193.20 65
7.000 2,193.20
CLACKAMAS OR 97015 2 03/05/01 00
817960750 05 05/01/01 0
817960750 O 04/01/31
0
4695278 163/163 F 400,000.00 ZZ
360 399,687.96 1
7.250 2,728.71 75
7.000 2,728.71
OLNEY MD 20832 5 03/29/01 00
0109033 03 05/01/01 0
0109033 O 04/01/31
0
4695742 163/163 F 345,000.00 ZZ
360 345,000.00 1
7.250 2,353.51 75
7.000 2,353.51
WESTFORD MA 01886 5 04/04/01 00
1000279033 05 06/01/01 0
1000279033 O 05/01/31
0
4697743 163/163 F 371,300.00 ZZ
360 371,300.00 1
7.500 2,596.19 71
7.250 2,596.19
WINCHESTER MA 01890 2 04/06/01 00
1000232499 05 06/01/01 0
1000232499 O 05/01/31
0
4698088 163/163 F 324,600.00 ZZ
360 324,359.10 1
7.500 2,269.65 71
7.250 2,269.65
PHOENIX AZ 85048 2 03/26/01 00
1818028300 03 05/01/01 0
1
1818028300 O 04/01/31
0
4698211 163/163 F 365,000.00 ZZ
360 364,735.82 1
7.625 2,583.45 80
7.375 2,583.45
LA HABRA CA 90631 2 03/20/01 00
617996358 05 05/01/01 0
617996358 O 04/01/31
0
4698403 163/163 F 350,000.00 ZZ
360 349,740.25 1
7.500 2,447.25 70
7.250 2,447.25
OXFORD MS 38655 2 03/21/01 00
0401646650 05 05/01/01 0
0401646650 O 04/01/31
0
4698625 168/168 F 540,000.00 ZZ
360 539,599.24 1
7.500 3,775.76 71
7.250 3,775.76
SAN FRANCISCO CA 94112 5 03/05/01 00
0439611610 05 05/01/01 0
0439611610 O 04/01/31
0
4698714 163/163 F 344,000.00 ZZ
360 343,744.70 1
7.500 2,405.30 80
7.250 2,405.30
SAN JOSE CA 95128 2 03/22/01 00
718039612 05 05/01/01 0
718039612 O 04/01/31
0
4698886 696/G01 F 384,000.00 ZZ
360 384,000.00 1
7.375 2,652.19 80
7.125 2,652.19
BROOKEVILLE MD 20833 2 04/20/01 00
0432738870 03 06/01/01 0
31801053 O 05/01/31
0
1
4698889 696/G01 F 330,000.00 ZZ
360 330,000.00 1
7.250 2,251.18 75
7.000 2,251.18
ARLINGTON VA 22202 5 04/20/01 00
0432739902 05 06/01/01 0
22601082 O 05/01/31
0
4699936 550/550 F 1,000,000.00 ZZ
360 1,000,000.00 1
7.300 6,855.71 58
7.050 6,855.71
RANCHO SANTA FE CA 92067 2 04/18/01 00
120520106 03 06/01/01 0
120520106 O 05/01/31
0
4701844 E22/G01 F 460,000.00 ZZ
360 460,000.00 1
7.375 3,177.11 80
7.125 3,177.11
OAKLAND CA 94602 1 04/18/01 00
0412383820 05 06/01/01 0
0412383820 O 05/01/31
0
4701870 E22/G01 F 333,700.00 ZZ
360 333,700.00 1
7.250 2,276.42 69
7.000 2,276.42
AUSTIN TX 78738 2 04/20/01 00
0412519811 03 06/01/01 0
0412519811 O 05/01/31
0
4701875 E22/G01 F 357,000.00 ZZ
360 357,000.00 1
7.250 2,435.37 80
7.000 2,435.37
SAN RAMON CA 94583 2 04/19/01 00
0412523995 09 06/01/01 0
0412523995 O 05/01/31
0
4701901 E22/G01 F 408,000.00 ZZ
360 408,000.00 1
8.125 3,029.39 80
7.875 3,029.39
1
SACRAMENTO CA 95829 2 04/17/01 00
0412552861 05 06/01/01 0
0412552861 O 05/01/31
0
4701903 E22/G01 F 275,000.00 ZZ
360 275,000.00 1
7.250 1,875.98 64
7.000 1,875.98
SANTA ROSA CA 95404 5 04/19/01 00
0412554685 05 06/01/01 0
0412554685 O 05/01/31
0
4701979 163/163 F 500,000.00 ZZ
360 500,000.00 1
7.250 3,410.88 80
7.000 3,410.88
LEAWOOD KS 66209 1 04/06/01 00
40263130 05 06/01/01 0
40263130 O 05/01/31
0
4702996 026/G01 F 413,000.00 ZZ
360 413,000.00 1
7.500 2,887.76 70
7.250 2,887.76
ALPHARETTA GA 30022 5 04/17/01 00
0432761831 05 06/01/01 0
0201090791 O 05/01/31
0
4703129 E85/G01 F 328,000.00 ZZ
360 328,000.00 1
7.625 2,321.56 80
7.375 2,321.56
CONCORD CA 94521 1 04/04/01 00
0432755551 03 06/01/01 0
2000104 O 05/01/31
0
4703134 E82/G01 F 366,100.00 ZZ
360 366,100.00 1
7.125 2,466.48 74
6.875 2,466.48
HAMPTON FALLS NH 03844 2 04/20/01 00
0400413217 05 06/01/01 0
321357 O 05/01/31
0
1
4703142 E82/G01 F 328,800.00 ZZ
360 328,800.00 1
7.250 2,243.00 70
7.000 2,243.00
VIENNA VA 22181 2 04/23/01 00
0400414009 03 06/01/01 0
2558646 O 05/01/31
0
4703144 E82/G01 F 290,000.00 ZZ
360 290,000.00 1
7.250 1,978.31 88
7.000 1,978.31
LEMONT IL 60439 2 04/23/01 04
0400414470 05 06/01/01 25
1952177 O 05/01/31
0
4703150 E82/G01 F 672,200.00 ZZ
360 672,200.00 1
7.375 4,642.72 57
7.125 4,642.72
DANVILLE CA 94526 2 04/19/01 00
0400413571 05 06/01/01 0
4169228 O 05/01/31
0
4705594 253/253 F 460,000.00 ZZ
360 460,000.00 1
7.500 3,216.39 66
7.250 3,216.39
BROOMFIELD CO 80026 2 04/11/01 00
964459 03 06/01/01 0
964459 O 05/01/31
0
4706242 624/G01 F 213,000.00 ZZ
360 213,000.00 1
7.500 1,489.33 67
7.250 1,489.33
TRUCKEE CA 96161 5 04/16/01 00
0432757409 05 06/01/01 0
36800310153 O 05/01/31
0
4708091 E22/G01 F 343,000.00 ZZ
360 343,000.00 1
1
7.250 2,339.86 70
7.000 2,339.86
SUPERIOR CO 80027 2 04/20/01 00
0412523938 03 06/01/01 0
0412523938 O 05/01/31
0
4709928 E82/G01 F 359,350.00 ZZ
360 359,350.00 1
7.250 2,451.40 76
7.000 2,451.40
GAINESVILLE GA 30504 2 04/23/01 00
0400413407 05 06/01/01 0
3334281 O 05/01/31
0
4709935 E82/G01 F 290,200.00 ZZ
360 290,200.00 1
7.375 2,004.34 70
7.125 2,004.34
WINSTON-SALEM NC 27104 2 04/23/01 00
0400406534 03 06/01/01 0
0400406534 O 05/01/31
0
4709943 E82/G01 F 835,000.00 ZZ
360 835,000.00 1
7.750 5,982.04 73
7.500 5,982.04
HUNTINGTON BEAC CA 92648 2 04/24/01 00
0400395992 03 06/01/01 0
0400395992 O 05/01/31
0
4709948 E82/G01 F 352,500.00 ZZ
360 352,500.00 1
7.375 2,434.63 72
7.125 2,434.63
BELLEVUE WA 98005 2 04/18/01 00
0400396248 05 06/01/01 0
0400396248 O 05/01/31
0
4713194 696/G01 F 336,000.00 ZZ
360 336,000.00 1
7.500 2,349.36 80
7.250 2,349.36
ST. XXXXXXXX MD 21663 1 04/27/01 00
0432746584 03 06/01/01 0
1
22801017 O 05/01/31
0
4714560 405/405 F 396,000.00 ZZ
360 395,713.38 1
7.625 2,802.87 80
7.125 2,802.87
BARRINGTON IL 60010 1 03/29/01 00
0017156340 05 05/01/01 0
0017156340 O 04/01/31
0
4714574 405/405 F 455,800.00 ZZ
360 455,494.17 1
8.000 3,344.50 75
7.500 3,344.50
TUSTIN CA 92782 2 03/30/01 00
0017228941 03 05/01/01 0
0017228941 O 04/01/31
0
4714581 405/405 F 499,000.00 ZZ
360 498,470.73 1
7.625 3,531.89 70
7.125 3,531.89
SAN RAFAEL CA 94901 2 03/29/01 00
0017245283 05 05/01/01 0
0017245283 O 04/01/31
0
4714582 405/405 F 949,000.00 ZZ
240 947,286.17 1
7.500 7,645.08 65
7.000 7,645.08
POTOMAC MD 20854 2 04/03/01 00
0017245804 05 05/01/01 0
0017245804 O 04/01/21
0
4714664 405/405 F 540,000.00 ZZ
360 540,000.00 1
7.250 3,683.75 80
6.750 3,683.75
PENNGROVE CA 94951 2 04/05/01 00
0017216185 05 06/01/01 0
0017216185 O 05/01/31
0
1
4714672 405/405 F 540,000.00 ZZ
360 540,000.00 1
7.250 3,683.75 37
6.750 3,683.75
TIBURON CA 94920 2 04/06/01 00
0017256322 05 06/01/01 0
0017256322 O 05/01/31
0
4714673 405/405 F 568,000.00 ZZ
360 568,000.00 1
7.250 3,874.76 80
6.750 3,874.76
COTO DE CAZA CA 92679 1 04/09/01 00
0017256835 03 06/01/01 0
0017256835 O 05/01/31
0
4714689 405/405 F 624,000.00 ZZ
360 624,000.00 1
7.125 4,204.01 80
6.750 4,204.01
SANTA CLARITA CA 91355 1 04/06/01 00
0017324732 03 06/01/01 0
0017324732 O 05/01/31
0
4716026 E82/G01 F 543,000.00 ZZ
360 543,000.00 1
7.375 3,750.37 73
7.125 3,750.37
LOS ANGELES CA 90019 2 04/25/01 00
0400411674 05 06/01/01 0
0400411674 O 05/01/31
0
4716030 E82/G01 F 511,000.00 ZZ
360 511,000.00 1
7.375 3,529.35 69
7.125 3,529.35
SALINAS CA 93908 5 04/25/01 00
0400416434 03 06/01/01 0
0400416434 O 05/01/31
0
4716036 E82/G01 F 318,500.00 ZZ
360 318,500.00 1
7.375 2,199.80 78
7.125 2,199.80
1
FORT XXXXX AR 72903 2 04/26/01 00
0400420535 05 06/01/01 0
3458630 O 05/01/31
0
4716238 964/G01 F 310,000.00 ZZ
360 310,000.00 1
7.250 2,114.75 78
7.000 2,114.75
EL CERRITO CA 94530 1 04/06/01 00
0432758209 05 06/01/01 0
115544 O 05/01/31
0
4719375 N47/G01 F 296,800.00 ZZ
360 296,800.00 1
7.625 2,100.73 80
7.375 2,100.73
XXXXXXXX CA 94553 1 04/06/01 00
0432760312 05 06/01/01 0
20210032 O 05/01/31
0
4721702 696/G01 F 311,200.00 ZZ
360 311,200.00 1
7.375 2,149.38 80
7.125 2,149.38
WASHINGTON DC 20002 1 04/26/01 00
0432746410 05 06/01/01 0
24601083 O 05/01/31
0
4721704 696/G01 F 505,000.00 ZZ
360 505,000.00 1
7.375 3,487.91 77
7.125 3,487.91
BETHESDA MD 20817 2 04/24/01 00
0432746360 03 06/01/01 0
32901130 O 05/01/31
0
4721707 696/G01 F 392,000.00 ZZ
360 392,000.00 1
7.375 2,707.45 80
7.125 2,707.45
STERLING VA 20165 2 04/23/01 00
0432755494 03 06/01/01 0
23301120 O 05/01/31
0
1
4723624 E82/G01 F 414,600.00 ZZ
360 414,600.00 1
7.875 3,006.14 80
7.625 3,006.14
GLENDORA CA 91741 2 04/26/01 00
0400420592 03 06/01/01 0
0400420592 O 05/01/31
0
4724833 K79/G01 F 341,000.00 ZZ
360 341,000.00 1
7.500 2,384.32 75
7.250 2,384.32
WALTHAM MA 02154 5 04/25/01 00
0432762565 05 06/01/01 0
13706 O 05/01/31
0
4727587 B60/G01 F 210,000.00 ZZ
360 210,000.00 1
7.750 1,504.47 80
7.500 1,504.47
LONG BEACH CA 90807 1 04/16/01 00
0432763142 05 06/01/01 0
327277 O 05/01/31
0
4728680 696/G01 F 557,400.00 ZZ
360 557,400.00 1
7.125 3,755.31 80
6.875 3,755.31
FALLS CHURCH VA 20143 1 04/27/01 00
0432755601 03 06/01/01 0
25001040 O 05/01/31
0
4728686 696/G01 F 421,900.00 ZZ
360 421,900.00 1
7.500 2,949.99 74
7.250 2,949.99
HUME VA 22639 2 04/26/01 00
0432757276 05 06/01/01 0
21301044 O 05/01/31
0
4737439 696/G01 F 440,000.00 ZZ
360 440,000.00 1
1
7.125 2,964.36 80
6.875 2,964.36
HERNDON VA 20170 1 04/30/01 00
0432760049 03 06/01/01 0
22301048 O 05/01/31
0
4737444 696/G01 F 572,000.00 ZZ
360 572,000.00 1
7.375 3,950.66 80
7.125 3,950.66
GREAT FALLS VA 22066 2 04/23/01 00
0432761476 05 06/01/01 0
21300088 O 05/01/31
0
4739047 T35/G01 F 372,000.00 ZZ
360 372,000.00 1
6.750 2,412.78 58
6.500 2,412.78
BEND OR 97701 1 05/02/01 00
0400419289 03 06/01/01 0
0400419289 O 05/01/31
0
4742868 696/G01 F 314,400.00 ZZ
360 314,400.00 1
7.250 2,144.76 80
7.000 2,144.76
CENTREVILLE VA 20120 1 04/27/01 00
0432762789 03 06/01/01 0
25201038 O 05/01/31
0
4742871 696/G01 F 550,000.00 ZZ
360 550,000.00 1
7.625 3,892.87 59
7.375 3,892.87
WASHINGTON DC 20007 1 04/30/01 00
0432762839 05 06/01/01 0
25601097 O 05/01/31
0
4742872 696/G01 F 620,000.00 ZZ
360 620,000.00 1
7.500 4,335.13 80
7.250 4,335.13
KENSINGTON MD 20895 2 04/27/01 00
0432755056 05 06/01/01 0
1
10001021 O 05/01/31
0
4745261 E82/G01 F 330,000.00 ZZ
360 330,000.00 1
7.250 2,251.18 50
7.000 2,251.18
BREKENRIDGE CO 80424 2 04/30/01 00
0400415873 05 06/01/01 0
1982843 O 05/01/31
0
4745262 E82/G01 F 505,000.00 ZZ
360 505,000.00 1
7.125 3,402.28 57
6.875 3,402.28
WESTERN SPRINGS IL 60558 2 04/30/01 00
0400407169 05 06/01/01 0
0400407169 O 05/01/31
0
4745263 E82/G01 F 307,000.00 ZZ
360 307,000.00 1
7.500 2,146.59 79
7.250 2,146.59
TEMPE AZ 85284 2 04/30/01 00
0400394227 03 06/01/01 0
4745263 O 05/01/31
0
4753524 E82/G01 F 378,500.00 ZZ
360 378,500.00 1
7.375 2,614.21 43
7.125 2,614.21
RENTON WA 98056 2 05/01/01 00
0400418810 05 06/01/01 0
3885512 O 05/01/31
0
4754171 696/G01 F 600,000.00 ZZ
360 600,000.00 1
7.625 4,246.76 80
7.375 4,246.76
WARRENTON VA 20186 1 04/30/01 00
0432763068 03 06/01/01 0
50101021 O 05/01/31
0
1
4754334 E82/G01 F 287,600.00 ZZ
360 287,600.00 1
7.125 1,937.61 70
6.875 1,937.61
BRECKENRIDGE CO 80424 2 04/25/01 00
0400408787 05 06/01/01 0
0400408787 O 05/01/31
0
4755512 757/G01 F 429,900.00 ZZ
360 429,900.00 1
7.250 2,932.68 80
7.000 2,932.68
SMYRNA GA 30080 1 04/30/01 00
0432772887 05 06/01/01 0
1000219012 O 05/01/31
0
4759674 M32/M32 F 875,000.00 ZZ
360 874,382.43 1
7.750 6,268.61 100
7.500 6,268.61
PASADENA CA 91105 1 03/30/01 00
685053428 05 05/01/01 0
685053428 O 04/01/31
0
4761164 696/G01 F 365,000.00 ZZ
360 365,000.00 1
7.375 2,520.96 80
7.125 2,520.96
LEESBURG VA 20176 1 05/07/01 00
0432765600 03 06/01/01 0
24501040 O 05/01/31
0
4762630 E82/G01 F 325,000.00 ZZ
360 325,000.00 1
7.375 2,244.69 65
7.125 2,244.69
DENVER CO 80209 2 05/01/01 00
0400407904 05 06/01/01 0
0400407904 O 05/01/31
0
4764272 286/286 F 460,000.00 ZZ
360 460,000.00 1
7.875 3,335.32 79
7.625 3,335.32
1
POTOMAC FALLS VA 20165 2 04/13/01 00
370577 03 06/01/01 0
370577 O 05/01/31
0
4764507 286/286 F 393,000.00 ZZ
360 392,700.95 1
7.375 2,714.36 80
7.125 2,714.36
SPRINGBORO OH 45066 2 03/19/01 00
214263 05 05/01/01 0
214263 O 04/01/31
0
4764938 286/286 F 284,900.00 ZZ
360 284,718.33 1
8.250 2,140.36 95
8.000 2,140.36
HERNDON VA 20171 1 03/23/01 10
300202 05 05/01/01 30
300202 O 04/01/31
0
4765436 286/286 F 354,200.00 T
360 353,923.69 1
7.250 2,416.27 80
7.000 2,416.27
PORT ST XXX FL 32456 1 03/23/01 00
244537 05 05/01/01 0
244537 O 04/01/31
0
4766423 696/G01 F 524,000.00 ZZ
360 524,000.00 1
7.375 3,619.14 80
7.125 3,619.14
KENSINGTON MD 20895 1 05/07/01 00
0432764447 05 06/01/01 0
31101093 O 05/01/31
0
4766962 253/253 F 360,000.00 ZZ
360 360,000.00 1
7.250 2,455.84 56
7.000 2,455.84
GYPSUM CO 81637 4 04/10/01 00
951794 03 06/01/01 0
951794 O 05/01/31
0
1
4769225 253/253 F 388,000.00 ZZ
360 388,000.00 1
7.500 2,712.96 58
7.250 2,712.96
BOULDER CO 80304 2 04/19/01 00
968485 05 06/01/01 0
968485 O 05/01/31
0
4771486 T35/G01 F 490,000.00 ZZ
360 490,000.00 1
7.250 3,342.66 53
7.000 3,342.66
SAN FRANCISCO CA 94114 5 05/02/01 00
0400375689 05 06/01/01 0
0400375689 O 05/01/31
0
4772183 A36/A36 F 368,000.00 ZZ
360 368,000.00 1
7.250 2,510.41 77
7.000 2,510.41
HARTLAND WI 53029 2 04/19/01 00
0002307808 01 06/01/01 0
0002307808 O 05/01/31
0
4773024 470/G01 F 375,750.00 ZZ
360 375,750.00 1
7.250 2,563.28 75
7.000 2,563.28
SEBASTOPOL CA 95472 1 04/09/01 00
0432774834 05 06/01/01 0
56002593 O 05/01/31
0
4783195 253/253 F 216,000.00 ZZ
360 216,000.00 1
7.500 1,510.31 64
7.250 1,510.31
BOULDER CO 80304 1 04/25/01 00
968554 05 06/01/01 0
968554 O 05/01/31
0
1
TOTAL NUMBER OF LOANS : 727
TOTAL ORIGINAL BALANCE : 285,008,971.00
TOTAL PRINCIPAL BALANCE : 284,785,977.73
TOTAL ORIGINAL P+I : 1,978,137.82
TOTAL CURRENT P+I : 1,978,137.82
***************************
* END OF REPORT *
***************************
EXHIBIT TWO
SCHEDULE OF DISCOUNT FRACTIONS
(Available Upon Request)
Loan Number Current Balance Net Mortgage Rate Discount Fraction PO Balance
4488232 "$423,625.91 " 0.06345 0.06 "$25,417.55 "
4672017 "$307,728.26 " 0.06345 0.06 "$18,463.70 "
4574058 "$649,426.52 " 0.06345 0.06 "$38,965.59 "
4666024 "$400,000.00 " 0.0647 0.041481481 "$16,592.59 "
4739047 "$372,000.00 " 0.0647 0.041481481 "$15,431.11 "
4614947 "$620,000.00 " 0.0647 0.041481481 "$25,718.52 "
4471226 "$750,000.00 " 0.0647 0.041481481 "$31,111.11 "
4694815 "$320,000.00 " 0.0647 0.041481481 "$13,274.07 "
4672481 "$275,000.00 " 0.0647 0.041481481 "$11,407.41 "
4490906 "$339,839.19 " 0.0647 0.041481481 "$14,097.03 "
4585578 "$424,634.08 " 0.0647 0.041481481 "$17,614.45 "
4574019 "$599,483.41 " 0.0647 0.041481481 "$24,867.46 "
4660516 "$579,500.63 " 0.0647 0.041481481 "$24,038.54 "
4558205 "$335,900.00 " 0.0647 0.041481481 "$13,933.63 "
4591603 "$594,500.12 " 0.06595 0.022962963 "$13,651.48 "
4526650 "$499,579.93 " 0.06595 0.022962963 "$11,471.84 "
4526594 "$424,121.78 " 0.06595 0.022962963 "$9,739.09 "
4607691 "$311,287.50 " 0.06595 0.022962963 "$7,148.08 "
4492657 "$408,656.39 " 0.06595 0.022962963 "$9,383.96 "
4469143 "$398,986.06 " 0.06595 0.022962963 "$9,161.90 "
4463037 "$647,796.83 " 0.06595 0.022962963 "$14,875.33 "
4445881 "$559,056.37 " 0.06595 0.022962963 "$12,837.59 "
4505317 "$319,731.16 " 0.06595 0.022962963 "$7,341.97 "
4608483 "$387,016.50 " 0.06595 0.022962963 "$8,887.05 "
4631371 "$305,000.00 " 0.06595 0.022962963 "$7,003.70 "
4638312 "$399,999.00 " 0.06595 0.022962963 "$9,185.16 "
4660267 "$522,660.53 " 0.06595 0.022962963 "$12,001.83 "
4576412 "$289,756.37 " 0.06595 0.022962963 "$6,653.66 "
4714672 "$540,000.00 " 0.0672 0.004444444 "$2,400.00 "
4500756 "$423,652.45 " 0.0672 0.004444444 "$1,882.90 "
4498740 "$380,288.02 " 0.0672 0.004444444 "$1,690.17 "
4495313 "$297,000.00 " 0.0672 0.004444444 "$1,320.00 "
4669640 "$460,000.00 " 0.0672 0.004444444 "$2,044.44 "
4671060 "$296,000.00 " 0.0672 0.004444444 "$1,315.56 "
4714664 "$540,000.00 " 0.0672 0.004444444 "$2,400.00 "
4714673 "$568,000.00 " 0.0672 0.004444444 "$2,524.44 "
4445909 "$306,694.91 " 0.0672 0.004444444 "$1,363.09 "
4714689 "$624,000.00 " 0.0672 0.004444444 "$2,773.33 "
4445848 "$309,490.30 " 0.0672 0.004444444 "$1,375.51 "
4445614 "$451,110.12 " 0.0672 0.004444444 "$2,004.93 "
4686406 "$499,000.00 " 0.0672 0.004444444 "$2,217.78 "
4652248 "$480,000.00 " 0.0672 0.004444444 "$2,133.33 "
4656470 "$510,000.00 " 0.0672 0.004444444 "$2,266.67 "
4526678 "$299,754.09 " 0.0672 0.004444444 "$1,332.24 "
4531783 "$449,631.14 " 0.0672 0.004444444 "$1,998.36 "
4553065 "$318,938.35 " 0.0672 0.004444444 "$1,417.50 "
4647401 "$404,000.00 " 0.0672 0.004444444 "$1,795.56 "
4565954 "$349,720.11 " 0.0672 0.004444444 "$1,554.31 "
4568163 "$327,731.14 " 0.0672 0.004444444 "$1,456.58 "
4646027 "$370,000.00 " 0.0672 0.004444444 "$1,644.44 "
4349197 "$618,980.61 " 0.0672 0.004444444 "$2,751.02 "
4610179 "$422,609.83 " 0.0672 0.004444444 "$1,878.27 "
4599868 "$503,087.28 " 0.0672 0.004444444 "$2,235.94 "
4600569 "$391,179.09 " 0.0672 0.004444444 "$1,738.57 "
4602954 "$339,421.55 " 0.0672 0.004444444 "$1,508.54 "
4516209 "$293,259.42 " 0.0672 0.004444444 "$1,303.38 "
"$24,238,834.95 " "$482,602.33 "
-2-
EXHIBIT THREE
INFORMATION TO BE INCLUDED IN
MONTHLY DISTRIBUTION DATE STATEMENT
(i) (a) the amount of such distribution to the Certificateholders
of such Class applied to reduce the Certificate Principal Balance
thereof, and (b) the aggregate amount included therein representing
Principal Prepayments;
(ii) the amount of such distribution to Holders of such Class of
Certificates allocable to interest;
(iii) if the distribution to the Holders of such Class of
Certificates is less than the full amount that would be distributable to
such Holders if there were sufficient funds available therefor, the
amount of the shortfall;
(iv) the amount of any Advance by the Master Servicer pursuant to
Section 4.04;
(v) the number and Pool Stated Principal Balance of the Mortgage
Loans after giving effect to the distribution of principal on such
Distribution Date;
(vi) the aggregate Certificate Principal Balance of each Class of
Certificates and the Senior Percentage, after giving effect to the
amounts distributed on such Distribution Date, separately identifying
any reduction thereof due to Realized Losses other than pursuant to an
actual distribution of principal;
(vii) the related Subordinate Principal Distribution Amount and
Prepayment Distribution Percentage, if applicable;
(viii) on the basis of the most recent reports furnished to it by
Sub-Servicers, the number and aggregate principal balances of Mortgage
Loans that are Delinquent (A) 30-59 days, (B) 60-89 days and (C) 90 or
more days and the number and aggregate principal balance of Mortgage
Loans that are in foreclosure;
(ix) the number, aggregate principal balance and book value of
any REO Properties;
(x) the aggregate Accrued Certificate Interest remaining unpaid,
if any, for each Class of Certificates, after giving effect to the
distribution made on such Distribution Date;
(xi) the Special Hazard Amount, Fraud Loss Amount and Bankruptcy
Amount as of the close of business on such Distribution Date and a
description of any change in the calculation of such amounts;
(xii) the weighted average Pool Strip Rate for such Distribution
Date and the Pass- Through Rate with respect to the Class A-V
Certificates and each Subclass, if any, thereof;
-1-
(xiii) [RESERVED];
(xiv) the Notional Amount with respect to each class of Interest
Only Certificates and each Subclass Notional Amount;
(xv) the occurrence of the Credit Support Depletion Date;
(xvi) the related Senior Accelerated Distribution Percentage
applicable to such distribution;
(xvii) the related Senior Percentage for such Distribution Date;
(xviii)the aggregate amount of Realized Losses for such
Distribution Date;
(xix) the aggregate amount of any recoveries on previously
foreclosed loans from Sellers due to a breach of representation or
warranty assigned to the Trustee pursuant to Section 2.04;
(xx) the weighted average remaining term to maturity of the
Mortgage Loans after giving effect to the amounts distributed on such
Distribution Date;
(xxi) the weighted average Mortgage Rates of the Mortgage Loans
after giving effect to the amounts distributed on such Distribution
Date; and
(xxii) the Class A-5 Accrual Distribution Amount and the Class
A-7-5 Accrual Distribution Amount for such Distribution Date.
In the case of information furnished pursuant to clauses (i) and (ii) above, the
amounts shall be expressed as a dollar amount per Certificate with a $1,000
denomination.
The Trustee's internet website will initially be located at
xxxx://xxx.xxx.xxxxxxx.xxx. To receive this statement via first class mail,
telephone the Trustee at (000) 000-0000.
-2-
EXHIBIT FOUR
STANDARD TERMS OF POOLING AND SERVICING
AGREEMENT DATED AS OF APRIL 1, 2001
EXECUTION COPY
--------------------------------------------------------------------------------
STANDARD TERMS OF
POOLING AND SERVICING AGREEMENT
Dated as of April 1, 2001
Residential Funding Mortgage Securities I, Inc.
Mortgage Pass-Through Certificates
--------------------------------------------------------------------------------
TABLE OF CONTENTS
PAGE
ARTICLE I
DEFINITIONS
Section 1.01 Definitions............................................................1
Section 1.02 Use of Words and Phrases..............................................29
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans..........................................30
Section 2.02 Acceptance by Trustee.................................................36
Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the
Company...............................................................37
Section 2.04 Representations and Warranties of Sellers.............................39
Section 2.05 Execution and Authentication of Certificates/Issuance of Certificates
Evidencing Interests in REMIC I.......................................40
Section 2.06 Conveyance of Uncertificated REMIC I and REMIC II Regular Interests;
Acceptance by the Trustee.............................................41
Section 2.07 Issuance of Certificates Evidencing Interests in REMIC II.............41
Section 2.08 Purposes and Powers of the Trust......................................41
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
Section 3.01 Master Servicer to Act as Servicer....................................41
Section 3.02 Subservicing Agreements Between Master Servicer and Subservicers;
Enforcement of Subservicers' and Sellers' Obligations.................43
Section 3.03 Successor Subservicers................................................44
Section 3.04 Liability of the Master Servicer......................................44
Section 3.05 No Contractual Relationship Between Subservicer and Trustee or
Certificateholders....................................................45
Section 3.06 Assumption or Termination of Subservicing Agreements by Trustee.......45
Section 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial
Account...............................................................45
Section 3.08 Subservicing Accounts; Servicing Accounts.............................48
Section 3.09 Access to Certain Documentation and Information Regarding the Mortgage
Loans.................................................................49
Section 3.10 Permitted Withdrawals from the Custodial Account......................49
Section 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder
.....................................................................51
i
Section 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage.....52
Section 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification
Agreements; Certain Assignments.......................................54
Section 3.14 Realization Upon Defaulted Mortgage Loans.............................55
Section 3.15 Trustee to Cooperate; Release of Mortgage Files.......................59
Section 3.16 Servicing and Other Compensation; Compensating Interest...............60
Section 3.17 Reports to the Trustee and the Company................................61
Section 3.18 Annual Statement as to Compliance.....................................61
Section 3.19 Annual Independent Public Accountants' Servicing Report...............62
Section 3.20 Rights of the Company in Respect of the Master Servicer...............62
Section 3.21 Administration of Buydown Funds.......................................62
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account...................................................63
Section 4.02 Distributions.........................................................64
Section 4.03 Statements to Certificateholders......................................64
Section 4.04 Distribution of Reports to the Trustee and the Company; Advances by the
Master Servicer.......................................................65
Section 4.05 Allocation of Realized Losses.........................................66
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property.........66
Section 4.07 Optional Purchase of Defaulted Mortgage Loans.........................66
Section 4.08 Surety Bond...........................................................67
ARTICLE V
THE CERTIFICATES
Section 5.01 The Certificates......................................................67
Section 5.02 Registration of Transfer and Exchange of Certificates.................69
Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................75
Section 5.04 Persons Deemed Owners.................................................75
Section 5.05 Appointment of Paying Agent...........................................76
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
Section 6.01 Respective Liabilities of the Company and the Master Servicer.........77
Section 6.02 Merger or Consolidation of the Company or the Master Servicer; Assignment
of Rights and Delegation of Duties by Master Servicer.................77
Section 6.03 Limitation on Liability of the Company, the Master Servicer and Others
.....................................................................78
Section 6.04 Company and Master Servicer Not to Resign.............................79
ARTICLE VII
ii
DEFAULT
Section 7.01 Events of Default.....................................................79
Section 7.02 Trustee or Company to Act; Appointment of Successor...................81
Section 7.03 Notification to Certificateholders....................................82
Section 7.04 Waiver of Events of Default...........................................82
ARTICLE VIII
CONCERNING THE TRUSTEE
Section 8.01 Duties of Trustee.....................................................83
Section 8.02 Certain Matters Affecting the Trustee.................................84
Section 8.03 Trustee Not Liable for Certificates or Mortgage Loans.................86
Section 8.04 Trustee May Own Certificates..........................................86
Section 8.05 Master Servicer to Pay Trustee's Fees and Expenses; Indemnification...86
Section 8.06 Eligibility Requirements for Trustee..................................87
Section 8.07 Resignation and Removal of the Trustee................................88
Section 8.08 Successor Trustee.....................................................89
Section 8.09 Merger or Consolidation of Trustee....................................89
Section 8.10 Appointment of Co-Trustee or Separate Trustee.........................89
Section 8.11 Appointment of Custodians.............................................90
Section 8.12 Appointment of Office or Agency.......................................91
ARTICLE IX
TERMINATION OR OPTIONAL PURCHASE OF ALL CERTIFICATES
Section 9.01 Optional Purchase by the Master Servicer of All Certificates; Termination
Upon Purchase by the Master Servicer or Liquidation of All Mortgage Loans
91
Section 9.02 Additional Termination Requirements...................................94
Section 9.03 Termination of Multiple REMICs........................................95
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration..................................................95
Section 10.02 Master Servicer, REMIC Administrator and Trustee Indemnification......99
Section 10.03 Designation of REMIC(s)...............................................99
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment.............................................................99
Section 11.02 Recordation of Agreement; Counterparts...............................102
Section 11.03 Limitation on Rights of Certificateholders...........................102
Section 11.04 Governing Law........................................................103
Section 11.05 Notices..............................................................103
iii
Section 11.06 Required Notices to Rating Agency and Subservicer....................103
Section 11.07 Severability of Provisions...........................................104
Section 11.08 Supplemental Provisions for Resecuritization.........................104
Section 11.09 Allocation of Voting Rights..........................................105
EXHIBITS
Exhibit A: Form of Class A Certificate
Exhibit B: Form of Class M Certificate
Exhibit C: Form of Class B Certificate
Exhibit D: Form of Class R Certificate
Exhibit E: Form of Seller/Servicer Contract
Exhibit F: Forms of Request for Release
Exhibit G-1: Form of Transfer Affidavit and Agreement
Exhibit G-2: Form of Transferor Certificate
Exhibit H: Form of Investor Representation Letter
Exhibit I: Form of Transferor Representation Letter
Exhibit J: Form of Rule 144A Investment Representation Letter
Exhibit K: Text of Amendment to Pooling and Servicing Agreement Pursuant to Section
11.01(e) for a Limited Guaranty
Exhibit L: Form of Limited Guaranty
Exhibit M: Form of Lender Certification for Assignment of Mortgage Loan
Exhibit N: Request for Exchange Form
iv
This is the Standard Terms of Pooling and Servicing Agreement, dated as
of April 1, 2001 (the "Standard Terms", and as incorporated by reference into a
Series Supplement dated as of the Cut-off Date, the "Pooling and Servicing
Agreement" or "Agreement"), among RESIDENTIAL FUNDING MORTGAGE SECURITIES I,
INC., as the company (together with its permitted successors and assigns, the
"Company"), RESIDENTIAL FUNDING CORPORATION, as master servicer (together with
its permitted successors and assigns, the "Master Servicer"), and the trustee
named in the applicable Series Supplement (together with its permitted
successors and assigns, the "Trustee").
PRELIMINARY STATEMENT:
The Company intends to sell certain mortgage pass-through certificates
(collectively, the "Certificates"), to be issued under the Agreement in multiple
classes, which in the aggregate will evidence the entire beneficial ownership
interest in the Mortgage Loans.
In consideration of the mutual agreements herein contained, the Company,
the Master Servicer and the Trustee agree as follows:
ARTICLE I
DEFINITIONS
Section 1.01 Definitions.
Whenever used in this Agreement, the following words and phrases, unless
the context otherwise requires, shall have the meanings specified in this
Article.
Accretion Termination Date: As defined in the Series Supplement.
Accrual Certificates: As defined in the Series Supplement.
Accrued Certificate Interest: With respect to each Distribution Date, as
to any Class or Subclass of Certificates (other than any Principal Only
Certificates), interest accrued during the related Interest Accrual Period at
the related Pass-Through Rate on the Certificate Principal Balance or Notional
Amount thereof immediately prior to such Distribution Date. Accrued Certificate
Interest will be calculated on the basis of a 360-day year, consisting of twelve
30-day months. In each case Accrued Certificate Interest on any Class or
Subclass of Certificates will be reduced by the amount of:
(i) Prepayment Interest Shortfalls on all Mortgage Loans or, if the
Mortgage Pool is comprised of two or more Loan Groups, on the
Mortgage Loans in the related Loan Group (to the extent not
offset by the Master Servicer with a payment of Compensating
Interest as provided in Section 4.01),
(ii) the interest portion (adjusted to the Net Mortgage Rate (or the
Modified Net Mortgage Rate in the case of a Modified Mortgage
Loan)) of Realized Losses on all Mortgage Loans or, if the
Mortgage Pool is comprised of two or more Loan Groups, on the
Mortgage Loans in the related Loan Group (including Excess
Special Hazard
1
Losses, Excess Fraud Losses, Excess Bankruptcy Losses and
Extraordinary Losses) not allocated solely to one or more
specific Classes of Certificates pursuant to Section 4.05,
(iii) the interest portion of Advances that were (A) previously made
with respect to a Mortgage Loan or REO Property on all Mortgage
Loans or, if the Mortgage Pool is comprised of two or more Loan
Groups, on the Mortgage Loans in the related Loan Group, which
remained unreimbursed following the Cash Liquidation or REO
Disposition of such Mortgage Loan or REO Property or (B) made
with respect to delinquencies that were ultimately determined to
be Excess Special Hazard Losses, Excess Fraud Losses, Excess
Bankruptcy Losses or Extraordinary Losses, and
(iv) any other interest shortfalls not covered by the subordination
provided by the Class M Certificates and Class B Certificates,
including interest that is not collectible from the Mortgagor
pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940,
as amended, or similar legislation or regulations as in effect
from time to time,
with all such reductions allocated (A) among all of the Certificates in
proportion to their respective amounts of Accrued Certificate Interest payable
on such Distribution Date absent such reductions or (B) if the Mortgage Pool is
comprised of two or more Loan Groups, the related Senior Percentage of such
reductions among the related Senior Certificates in proportion to the amounts of
Accrued Certificate Interest payable from the related Loan Group on such
Distribution Date absent such reductions, with the remainder of such reductions
allocated among the holders of the Class M Certificates and Class B Certificates
in proportion to their respective amounts of Accrued Certificate Interest
payable on such Distribution Date absent such reductions. In addition to that
portion of the reductions described in the preceding sentence that are allocated
to any Class of Class B Certificates or any Class of Class M Certificates,
Accrued Certificate Interest on such Class of Class B Certificates or such Class
of Class M Certificates will be reduced by the interest portion (adjusted to the
Net Mortgage Rate) of Realized Losses that are allocated solely to such Class of
Class B Certificates or such Class of Class M Certificates pursuant to Section
4.05.
Addendum and Assignment Agreement: The Addendum and Assignment Agreement,
dated as of January 31, 1995, between MLCC and the Master Servicer.
Additional Collateral: Any of the following held, in addition to the
related Mortgaged Property, as security for a Mortgage Loan: (i) all money,
securities, security entitlements, accounts, general intangibles, instruments,
documents, certificates of deposit, commodities contracts and other investment
property and other property of whatever kind or description now existing or
hereafter acquired which is pledged as security for the repayment of such
Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities,
security entitlements, accounts, general intangibles, instruments, documents,
certificates of deposit, commodities contracts and other investment property and
other property of whatever kind or description now existing or hereafter
acquired which is pledged as collateral for such guarantee or (B) any mortgaged
property securing the performance of such guarantee, or (iii) such other
collateral as may be set forth in the Series Supplement.
Additional Collateral Loan: Each Mortgage Loan that is supported by
Additional Collateral.
2
Adjusted Mortgage Rate: With respect to any Mortgage Loan and any date
of determination, the Mortgage Rate borne by the related Mortgage Note, less the
rate at which the related Subservicing Fee accrues.
Advance: As to any Mortgage Loan, any advance made by the Master Servicer,
pursuant to Section 4.04.
Affiliate: With respect to any Person, any other Person controlling,
controlled by or under common control with such first Person. For the purposes
of this definition, "control" means the power to direct the management and
policies of such Person, directly or indirectly, whether through the ownership
of voting securities, by contract or otherwise; and the terms "controlling" and
"controlled" have meanings correlative to the foregoing.
Ambac: Ambac Assurance Corporation (formerly known as AMBAC Indemnity
Corporation).
Amount Held for Future Distribution: As to any Distribution Date and,
with respect to any Mortgage Pool that is comprised of two or more Loan Groups,
each Loan Group, the total of the amounts held in the Custodial Account at the
close of business on the preceding Determination Date on account of (i)
Liquidation Proceeds, Insurance Proceeds, Curtailments, Mortgage Loan purchases
made pursuant to Section 2.02, 2.03, 2.04 or 4.07 and Mortgage Loan
substitutions made pursuant to Section 2.03 or 2.04 received or made in the
month of such Distribution Date (other than such Liquidation Proceeds, Insurance
Proceeds and purchases of Mortgage Loans that the Master Servicer has deemed to
have been received in the preceding month in accordance with Section 3.07(b)),
and Principal Prepayments in Full made after the related Prepayment Period, and
(ii) payments which represent early receipt of scheduled payments of principal
and interest due on a date or dates subsequent to the related Due Date.
Appraised Value: As to any Mortgaged Property, the lesser of (i) the
appraised value of such Mortgaged Property based upon the appraisal made at the
time of the origination of the related Mortgage Loan, and (ii) the sales price
of the Mortgaged Property at such time of origination, except in the case of a
Mortgaged Property securing a refinanced or modified Mortgage Loan as to which
it is either the appraised value determined above or the appraised value
determined in an appraisal at the time of refinancing or modification, as the
case may be.
Assigned Contracts: With respect to any Pledged Asset Loan: the Credit
Support Pledge Agreement; the Funding and Pledge Agreement, among GMAC Mortgage
Corporation, National Financial Services Corporation and the Mortgagor or other
person pledging the related Pledged Assets; the Additional Collateral Agreement,
between GMAC Mortgage Corporation and the Mortgagor or other person pledging the
related Pledged Assets; or such other contracts as may be set forth in the
Series Supplement.
Assignment: An assignment of the Mortgage, notice of transfer or
equivalent instrument, in recordable form, sufficient under the laws of the
jurisdiction wherein the related Mortgaged Property is located to reflect of
record the sale of the Mortgage Loan to the Trustee for the benefit of
Certificateholders, which assignment, notice of transfer or equivalent
instrument may be in the form
3
of one or more blanket assignments covering Mortgages secured by Mortgaged
Properties located in the same county, if permitted by law and accompanied by an
Opinion of Counsel to that effect.
Assignment Agreement: The Assignment and Assumption Agreement, dated the
Closing Date, between Residential Funding and the Company relating to the
transfer and assignment of the Mortgage Loans.
Assignment of Proprietary Lease: With respect to a Cooperative Loan, the
assignment of the related Cooperative Lease from the Mortgagor to the originator
of the Cooperative Loan.
Available Distribution Amount: As to any Distribution Date and, with
respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan
Group, an amount equal to (a) the sum of (i) the amount relating to the Mortgage
Loans on deposit in the Custodial Account as of the close of business on the
immediately preceding Determination Date and amounts deposited in the Custodial
Account in connection with the substitution of Qualified Substitute Mortgage
Loans, (ii) the amount of any Advance made on the immediately preceding
Certificate Account Deposit Date, (iii) any amount deposited in the Certificate
Account on the related Certificate Account Deposit Date pursuant to the second
paragraph of Section 3.12(a), (iv) any amount deposited in the Certificate
Account pursuant to Section 4.07, (v) any amount that the Master Servicer is not
permitted to withdraw from the Custodial Account or the Certificate Account
pursuant to Section 3.16(e), (vi) any amount received by the Trustee pursuant to
the Surety Bond in respect of such Distribution Date and (vii) the proceeds of
any Pledged Assets received by the Master Servicer, reduced by (b) the sum as of
the close of business on the immediately preceding Determination Date of (x) the
Amount Held for Future Distribution, and (y) amounts permitted to be withdrawn
by the Master Servicer from the Custodial Account in respect of the Mortgage
Loans pursuant to clauses (ii)-(x), inclusive, of Section 3.10(a). Such amount
shall be determined separately for each Loan Group. Additionally, with respect
to any Mortgage Pool that is comprised of two or more Loan Groups, if on any
Distribution Date Compensating Interest provided pursuant to Section 3.16(e) is
less than Prepayment Interest Shortfalls incurred on the Mortgage Loans in
connection with Principal Prepayments in Full received during the related
Prepayment Period and Curtailments made in the prior calendar month, such
Compensating Interest shall be allocated on such Distribution Date to the
Available Distribution Amount for each Loan Group on a pro rata basis in
accordance with the respective amounts of such Prepayment Interest Shortfalls
incurred on the Mortgage Loans in such Loan Group in respect of such
Distribution Date.
Bankruptcy Code: The Bankruptcy Code of 1978, as amended.
Bankruptcy Loss: With respect to any Mortgage Loan, a Deficient
Valuation or Debt Service Reduction; provided, however, that neither a Deficient
Valuation nor a Debt Service Reduction shall be deemed a Bankruptcy Loss
hereunder so long as the Master Servicer has notified the Trustee in writing
that the Master Servicer is diligently pursuing any remedies that may exist in
connection with the representations and warranties made regarding the related
Mortgage Loan and either (A) the related Mortgage Loan is not in default with
regard to payments due thereunder or (B) delinquent payments of principal and
interest under the related Mortgage Loan and any premiums on any applicable
primary hazard insurance policy and any related escrow payments in respect of
such
4
Mortgage Loan are being advanced on a current basis by the Master Servicer or a
Subservicer, in either case without giving effect to any Debt Service Reduction.
Book-Entry Certificate: Any Certificate registered in the name of the
Depository or its nominee, and designated as such in the Preliminary Statement
to the Series Supplement.
Business Day: Any day other than (i) a Saturday or a Sunday or (ii) a
day on which banking institutions in the State of New York, the State of
Michigan, the State of California or the State of Illinois (and such other state
or states in which the Custodial Account or the Certificate Account are at the
time located) are required or authorized by law or executive order to be closed.
Buydown Funds: Any amount contributed by the seller of a Mortgaged
Property, the Company or other source in order to enable the Mortgagor to reduce
the payments required to be made from the Mortgagor's funds in the early years
of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to
deposit into the Custodial or Certificate Account.
Buydown Mortgage Loan: Any Mortgage Loan as to which a specified amount
of interest is paid out of related Buydown Funds in accordance with a related
buydown agreement.
Cash Liquidation: As to any defaulted Mortgage Loan other than a
Mortgage Loan as to which an REO Acquisition occurred, a determination by the
Master Servicer that it has received all Insurance Proceeds, Liquidation
Proceeds and other payments or cash recoveries which the Master Servicer
reasonably and in good faith expects to be finally recoverable with respect to
such Mortgage Loan.
Certificate Account Deposit Date: As to any Distribution Date, the Business
Day prior thereto.
Certificateholder or Holder: The Person in whose name a Certificate is
registered in the Certificate Register, and, in respect of any Insured
Certificates, the Certificate Insurer to the extent of Cumulative Insurance
Payments, except that neither a Disqualified Organization nor a Non-United
States Person shall be a holder of a Class R Certificate for purposes hereof
and, solely for the purpose of giving any consent or direction pursuant to this
Agreement, any Certificate, other than a Class R Certificate, registered in the
name of the Company, the Master Servicer or any Subservicer or any Affiliate
thereof shall be deemed not to be outstanding and the Percentage Interest or
Voting Rights evidenced thereby shall not be taken into account in determining
whether the requisite amount of Percentage Interests or Voting Rights necessary
to effect any such consent or direction has been obtained. All references herein
to "Holders" or "Certificateholders" shall reflect the rights of Certificate
Owners as they may indirectly exercise such rights through the Depository and
participating members thereof, except as otherwise specified herein; provided,
however, that the Trustee shall be required to recognize as a "Holder" or
"Certificateholder" only the Person in whose name a Certificate is registered in
the Certificate Register.
Certificate Insurer: As defined in the Series Supplement.
5
Certificate Owner: With respect to a Book-Entry Certificate, the Person
who is the beneficial owner of such Certificate, as reflected on the books of an
indirect participating brokerage firm for which a Depository Participant acts as
agent, if any, and otherwise on the books of a Depository Participant, if any,
and otherwise on the books of the Depository.
Certificate Principal Balance: With respect to each Certificate (other than
any Interest Only Certificate), on any date of determination, an amount equal
to:
(i) the Initial Certificate Principal Balance of such Certificate as
specified on the face thereof, plus
(ii) in the case of each Accrual Certificate, an amount equal to the
aggregate Accrued Certificate Interest added to the Certificate
Principal Balance thereof prior to such date of determination,
minus
(iii) the sum of (x) the aggregate of all amounts previously
distributed with respect to such Certificate (or any predecessor
Certificate) and applied to reduce the Certificate Principal
Balance thereof pursuant to Section 4.02(a) and (y) the aggregate
of all reductions in Certificate Principal Balance deemed to have
occurred in connection with Realized Losses which were previously
allocated to such Certificate (or any predecessor Certificate)
pursuant to Section 4.05;
provided, that the Certificate Principal Balance of the Class of Subordinate
Certificates with the Lowest Priority at any given time shall be calculated to
equal the Percentage Interest evidenced by such Certificate times the excess, if
any, of (A) the then aggregate Stated Principal Balance of the Mortgage Loans
over (B) the then aggregate Certificate Principal Balance of all other Classes
of Certificates then outstanding.
Certificate Register and Certificate Registrar: The register maintained and
the registrar appointed pursuant to Section 5.02.
Class: Collectively, all of the Certificates bearing the same
designation. The initial Class A-V Certificates and any Subclass thereof issued
pursuant to Section 5.01(c) shall be a single Class for purposes of this
Agreement.
Class A-P Certificate: Any one of the Certificates designated as a Class
A-P Certificate.
Class A-P Collection Shortfall: With respect to the Cash Liquidation or
REO Disposition of a Discount Mortgage Loan and any Distribution Date, the
excess of the amount described in Section 4.02(b)(i)(C)(1) over the amount
described in Section 4.02(b)(i)(C)(2).
Class A-P Principal Distribution Amount: As defined in Section 4.02.
Class A-V Certificate: Any one of the Certificates designated as a Class
A-V Certificate, including any Subclass thereof.
6
Class B Certificate: Any one of the Certificates designated as a Class
B-1 Certificate, Class B-2 Certificate or Class B-3 Certificate.
Class M Certificate: Any one of the Certificates designated as a Class
M-1 Certificate, Class M-2 Certificate or Class M-3 Certificate.
Closing Date: As defined in the Series Supplement.
Code: The Internal Revenue Code of 1986.
Combined Collateral LLC: Combined Collateral LLC, a Delaware limited
liability company.
Compensating Interest: With respect to any Distribution Date, an amount
equal to Prepayment Interest Shortfalls resulting from Principal Prepayments in
Full during the related Prepayment Period and Curtailments during the prior
calendar month and included in the Available Distribution Amount for such
Distribution Date, but not more than the lesser of (a) one-twelfth of 0.125% of
the Stated Principal Balance of the Mortgage Loans immediately preceding such
Distribution Date and (b) the sum of the Servicing Fee and all income and gain
on amounts held in the Custodial Account and the Certificate Account and payable
to the Certificateholders with respect to such Distribution Date; provided that
for purposes of this definition the amount of the Servicing Fee will not be
reduced pursuant to Section 7.02 except as may be required pursuant to the last
sentence of such Section.
Cooperative: A private, cooperative housing corporation which owns or
leases land and all or part of a building or buildings, including apartments,
spaces used for commercial purposes and common areas therein and whose board of
directors authorizes, among other things, the sale of Cooperative Stock.
Cooperative Apartment: A dwelling unit in a multi-dwelling building
owned or leased by a Cooperative, which unit the Mortgagor has an exclusive
right to occupy pursuant to the terms of a proprietary lease or occupancy
agreement.
Cooperative Lease: With respect to a Cooperative Loan, the proprietary
lease or occupancy agreement with respect to the Cooperative Apartment occupied
by the Mortgagor and relating to the related Cooperative Stock, which lease or
agreement confers an exclusive right to the holder of such Cooperative Stock to
occupy such apartment.
Cooperative Loans: Any of the Mortgage Loans made in respect of a
Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a
Security Agreement, (ii) the related Cooperative Stock Certificate, (iii) an
assignment of the Cooperative Lease, (iv) financing statements and (v) a stock
power (or other similar instrument), and ancillary thereto, a recognition
agreement between the Cooperative and the originator of the Cooperative Loan,
each of which was transferred and assigned to the Trustee pursuant to Section
2.01 and are from time to time held as part of the Trust Fund.
7
Cooperative Stock: With respect to a Cooperative Loan, the single
outstanding class of stock, partnership interest or other ownership instrument
in the related Cooperative.
Cooperative Stock Certificate: With respect to a Cooperative Loan, the
stock certificate or other instrument evidencing the related Cooperative Stock.
Credit Support Depletion Date: The first Distribution Date on which the
Certificate Principal Balances of the Subordinate Certificates have been reduced
to zero.
Credit Support Pledge Agreement: The Credit Support Pledge Agreement,
dated as of November 24, 1998, among the Master Servicer, GMAC Mortgage
Corporation, Combined Collateral LLC and The First National Bank of Chicago (now
known as Bank One, National Association), as custodian.
Cumulative Insurance Payments: As defined in the Series Supplement.
Curtailment: Any Principal Prepayment made by a Mortgagor which is not a
Principal Prepayment in Full.
Custodial Account: The custodial account or accounts created and
maintained pursuant to Section 3.07 in the name of a depository institution, as
custodian for the holders of the Certificates, for the holders of certain other
interests in mortgage loans serviced or sold by the Master Servicer and for the
Master Servicer, into which the amounts set forth in Section 3.07 shall be
deposited directly. Any such account or accounts shall be an Eligible Account.
Custodial Agreement: An agreement that may be entered into among the
Company, the Master Servicer, the Trustee and a Custodian pursuant to which the
Custodian will hold certain documents relating to the Mortgage Loans on behalf
of the Trustee.
Custodian: A custodian appointed pursuant to a Custodial Agreement.
Cut-off Date Principal Balance: As to any Mortgage Loan, the unpaid
principal balance thereof at the Cut-off Date after giving effect to all
installments of principal due on or prior thereto, whether or not received.
Debt Service Reduction: With respect to any Mortgage Loan, a reduction
in the scheduled Monthly Payment for such Mortgage Loan by a court of competent
jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction
constituting a Deficient Valuation or any reduction that results in a permanent
forgiveness of principal.
Deficient Valuation: With respect to any Mortgage Loan, a valuation by a
court of competent jurisdiction of the Mortgaged Property in an amount less than
the then outstanding indebtedness under the Mortgage Loan, or any reduction in
the amount of principal to be paid in connection with any scheduled Monthly
Payment that constitutes a permanent forgiveness of principal, which valuation
or reduction results from a proceeding under the Bankruptcy Code.
8
Definitive Certificate: Any Certificate other than a Book-Entry
Certificate.
Deleted Mortgage Loan: A Mortgage Loan replaced or to be replaced with a
Qualified Substitute Mortgage Loan.
Delinquent: As used herein, a Mortgage Loan is considered to be: "30 to
59 days" or "30 or more days" delinquent when a payment due on any scheduled due
date remains unpaid as of the close of business on the last business day
immediately prior to the next following monthly scheduled due date; "60 to 89
days" or "60 or more days" delinquent when a payment due on any scheduled due
date remains unpaid as of the close of business on the last business day
immediately prior to the second following monthly scheduled due date; and so on.
The determination as to whether a Mortgage Loan falls into these categories is
made as of the close of business on the last business day of each month. For
example, a Mortgage Loan with a payment due on July 1 that remained unpaid as of
the close of business on July 31 would then be considered to be 30 to 59 days
delinquent. Delinquency information as of the Cut-off Date is determined and
prepared as of the close of business on the last business day immediately prior
to the Cut-off Date.
Depository: The Depository Trust Company, or any successor Depository
hereafter named. The nominee of the initial Depository for purposes of
registering those Certificates that are to be Book-Entry Certificates is Cede &
Co. The Depository shall at all times be a "clearing corporation" as defined in
Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and
a "clearing agency" registered pursuant to the provisions of Section 17A of the
Securities Exchange Act of 1934, as amended.
Depository Participant: A broker, dealer, bank or other financial
institution or other Person for whom from time to time a Depository effects
book-entry transfers and pledges of securities deposited with the Depository.
Destroyed Mortgage Note: A Mortgage Note the original of which was
permanently lost or destroyed and has not been replaced.
Determination Date: As defined in the Series Supplement.
Discount Fraction: With respect to each Discount Mortgage Loan, the
fraction expressed as a percentage, the numerator of which is the Discount Net
Mortgage Rate minus the Net Mortgage Rate (or the initial Net Mortgage Rate with
respect to any Discount Mortgage Loans as to which the Mortgage Rate is modified
pursuant to 3.07(a)) for such Mortgage Loan and the denominator of which is the
Discount Net Mortgage Rate. The Discount Fraction with respect to each Discount
Mortgage Loan is set forth as an exhibit attached to the Series Supplement.
Discount Mortgage Loan: Any Mortgage Loan having a Net Mortgage Rate (or
the initial Net Mortgage Rate) of less than the Discount Net Mortgage Rate per
annum and any Mortgage Loan deemed to be a Discount Mortgage Loan pursuant to
the definition of Qualified Substitute Mortgage Loan.
Discount Net Mortgage Rate: As defined in the Series Supplement.
9
Disqualified Organization: Any organization defined as a "disqualified
organization" under Section 860E(e)(5) of the Code, and if not otherwise
included, any of the following: (i) the United States, any State or political
subdivision thereof, any possession of the United States, or any agency or
instrumentality of any of the foregoing (other than an instrumentality which is
a corporation if all of its activities are subject to tax and, except for
Freddie Mac, a majority of its board of directors is not selected by such
governmental unit), (ii) a foreign government, any international organization,
or any agency or instrumentality of any of the foregoing, (iii) any organization
(other than certain farmers' cooperatives described in Section 521 of the Code)
which is exempt from the tax imposed by Chapter 1 of the Code (including the tax
imposed by Section 511 of the Code on unrelated business taxable income), (iv)
rural electric and telephone cooperatives described in Section 1381(a)(2)(C) of
the Code, (v) any "electing large partnership," as defined in Section 775(a) of
the Code and (vi) any other Person so designated by the Trustee based upon an
Opinion of Counsel that the holding of an Ownership Interest in a Class R
Certificate by such Person may cause the Trust Fund or any Person having an
Ownership Interest in any Class of Certificates (other than such Person) to
incur a liability for any federal tax imposed under the Code that would not
otherwise be imposed but for the Transfer of an Ownership Interest in a Class R
Certificate to such Person. The terms "United States", "State" and
"international organization" shall have the meanings set forth in Section 7701
of the Code or successor provisions.
Distribution Date: The 25th day of any month beginning in the month
immediately following the month of the initial issuance of the Certificates or,
if such 25th day is not a Business Day, the Business Day immediately following
such 25th day.
Due Date: With respect to any Distribution Date and any Mortgage Loan, the
day during the related Due Period on which the Monthly Payment is due.
Due Period: With respect to any Distribution Date, the one-month period set
forth in the Series Supplement.
Eligible Account: An account that is any of the following: (i)
maintained with a depository institution the debt obligations of which have been
rated by each Rating Agency in its highest rating available, or (ii) an account
or accounts in a depository institution in which such accounts are fully insured
to the limits established by the FDIC, provided that any deposits not so insured
shall, to the extent acceptable to each Rating Agency, as evidenced in writing,
be maintained such that (as evidenced by an Opinion of Counsel delivered to the
Trustee and each Rating Agency) the registered Holders of Certificates have a
claim with respect to the funds in such account or a perfected first security
interest against any collateral (which shall be limited to Permitted
Investments) securing such funds that is superior to claims of any other
depositors or creditors of the depository institution with which such account is
maintained, or (iii) in the case of the Custodial Account, a trust account or
accounts maintained in the corporate trust department of Bank One, National
Association, or (iv) in the case of the Certificate Account, a trust account or
accounts maintained in the corporate trust division of the Trustee, or (v) an
account or accounts of a depository institution acceptable to each Rating Agency
(as evidenced in writing by each Rating Agency that use of any such account as
the Custodial Account or the Certificate Account will not reduce the rating
assigned to any Class of Certificates by such Rating Agency below the lower of
the then-current rating or the rating assigned to such Certificates as of the
Closing Date by such Rating Agency).
10
Event of Default: As defined in Section 7.01.
Excess Bankruptcy Loss: Any Bankruptcy Loss, or portion thereof, which
exceeds the then applicable Bankruptcy Amount.
Excess Fraud Loss: Any Fraud Loss, or portion thereof, which exceeds the
then applicable Fraud Loss Amount.
Excess Special Hazard Loss: Any Special Hazard Loss, or portion thereof,
that exceeds the then applicable Special Hazard Amount.
Excess Subordinate Principal Amount: With respect to any Distribution
Date on which the aggregate Certificate Principal Balance of the Class of
Subordinate Certificates then outstanding with the Lowest Priority is to be
reduced to zero and on which Realized Losses are to be allocated to such class
or classes, the excess, if any, of (i) the amount that would otherwise be
distributable in respect of principal on such class or classes of Certificates
on such Distribution Date over (ii) the excess, if any, of the aggregate
Certificate Principal Balance of such class or classes of Certificates
immediately prior to such Distribution Date over the aggregate amount of
Realized Losses to be allocated to such classes of Certificates on such
Distribution Date as reduced by any amount calculated pursuant to Section
4.02(b)(i)(E). With respect to any Mortgage Pool that is comprised of two or
more Loan Groups, the Excess Subordinate Principal Amount will be allocated
between each Loan Group on a pro rata basis in accordance with the amount of
Realized Losses attributable to each Loan Group and allocated to the
Certificates on such Distribution Date.
Extraordinary Events: Any of the following conditions with respect to a
Mortgaged Property (or, with respect to a Cooperative Loan, the Cooperative
Apartment) or Mortgage Loan causing or resulting in a loss which causes the
liquidation of such Mortgage Loan:
(a) losses that are of the type that would be covered by the fidelity
bond and the errors and omissions insurance policy required to be maintained
pursuant to Section 3.12(b) but are in excess of the coverage maintained
thereunder;
(b) nuclear reaction or nuclear radiation or radioactive contamination,
all whether controlled or uncontrolled, and whether such loss be direct or
indirect, proximate or remote or be in whole or in part caused by, contributed
to or aggravated by a peril covered by the definition of the term "Special
Hazard Loss";
(c) hostile or warlike action in time of peace or war, including action
in hindering, combating or defending against an actual, impending or expected
attack:
1. by any government or sovereign power, de jure or de facto, or by
any authority maintaining or using military, naval or air forces;
or
2. by military, naval or air forces; or
3. by an agent of any such government, power, authority or forces;
11
(d) any weapon of war employing atomic fission or radioactive force whether
in time of peace or war; or
(e) insurrection, rebellion, revolution, civil war, usurped power or
action taken by governmental authority in hindering, combating or defending
against such an occurrence, seizure or destruction under quarantine or customs
regulations, confiscation by order of any government or public authority; or
risks of contraband or illegal transportation or trade.
Extraordinary Losses: Any loss incurred on a Mortgage Loan caused by or
resulting from an Extraordinary Event.
Xxxxxx Xxx: Federal National Mortgage Association, a federally chartered
and privately owned corporation organized and existing under the Federal
National Mortgage Association Charter Act, or any successor thereto.
FASIT: A "financial asset securitization investment trust" within the
meaning of Section 860L of the Code.
FDIC: Federal Deposit Insurance Corporation or any successor thereto.
Final Distribution Date: The Distribution Date on which the final
distribution in respect of the Certificates will be made pursuant to Section
9.01, which Final Distribution Date shall in no event be later than the end of
the 90-day liquidation period described in Section 9.02.
Fitch: Fitch, Inc. or its successor in interest.
Foreclosure Profits: As to any Distribution Date or related
Determination Date and any Mortgage Loan, the excess, if any, of Liquidation
Proceeds, Insurance Proceeds and REO Proceeds (net of all amounts reimbursable
therefrom pursuant to Section 3.10(a)(ii)) in respect of each Mortgage Loan or
REO Property for which a Cash Liquidation or REO Disposition occurred in the
related Prepayment Period over the sum of the unpaid principal balance of such
Mortgage Loan or REO Property (determined, in the case of an REO Disposition, in
accordance with Section 3.14) plus accrued and unpaid interest at the Mortgage
Rate on such unpaid principal balance from the Due Date to which interest was
last paid by the Mortgagor to the first day of the month following the month in
which such Cash Liquidation or REO Disposition occurred.
Fraud Losses: Losses on Mortgage Loans as to which there was fraud in the
origination of such Mortgage Loan.
Freddie Mac: Federal Home Loan Mortgage Corporation, a corporate
instrumentality of the United States created and existing under Title III of the
Emergency Home Finance Act of 1970, as amended, or any successor thereto.
Highest Priority: As of any date of determination, the Class of
Subordinate Certificates then outstanding with the earliest priority for
payments pursuant to Section 4.02(a), in the following order: Class M-1, Class
M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates.
12
Independent: When used with respect to any specified Person, means such
a Person who (i) is in fact independent of the Company, the Master Servicer and
the Trustee, or any Affiliate thereof, (ii) does not have any direct financial
interest or any material indirect financial interest in the Company, the Master
Servicer or the Trustee or in an Affiliate thereof, and (iii) is not connected
with the Company, the Master Servicer or the Trustee as an officer, employee,
promoter, underwriter, trustee, partner, director or person performing similar
functions.
Initial Certificate Principal Balance: With respect to each Class of
Certificates, the Certificate Principal Balance of such Class of Certificates as
of the Cut-off Date, as set forth in the Series Supplement.
Initial Monthly Payment Fund: An amount representing scheduled principal
amortization and interest at the Net Mortgage Rate for the Due Date in the first
Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans
for which the Trustee will not be entitled to receive such payment, and as more
specifically defined in the Series Supplement.
Initial Notional Amount: With respect to any Class or Subclass of
Interest Only Certificates, the amount initially used as the principal basis for
the calculation of any interest payment amount, as more specifically defined in
the Series Supplement.
Initial Subordinate Class Percentage: As defined in the Series Supplement.
Insurance Proceeds: Proceeds paid in respect of the Mortgage Loans
pursuant to any Primary Insurance Policy or any other related insurance policy
covering a Mortgage Loan (excluding any Certificate Policy (as defined in the
Series Supplement)), to the extent such proceeds are payable to the mortgagee
under the Mortgage, any Subservicer, the Master Servicer or the Trustee and are
not applied to the restoration of the related Mortgaged Property (or, with
respect to a Cooperative Loan, the related Cooperative Apartment) or released to
the Mortgagor in accordance with the procedures that the Master Servicer would
follow in servicing mortgage loans held for its own account.
Insurer: Any named insurer under any Primary Insurance Policy or any
successor thereto or the named insurer in any replacement policy.
Interest Accrual Period: As defined in the Series Supplement.
Interest Only Certificates: A Class or Subclass of Certificates not
entitled to payments of principal, and designated as such in the Series
Supplement. The Interest Only Certificates will have no Certificate Principal
Balance.
Interim Certification: As defined in Section 2.02.
Junior Certificateholder: The Holder of not less than 95% of the Percentage
Interests of the Junior Class of Certificates.
Junior Class of Certificates: The Class of Subordinate Certificates
outstanding as of the date of the repurchase of a Mortgage Loan pursuant to
Section 4.07 herein that has the Lowest Priority.
13
Late Collections: With respect to any Mortgage Loan, all amounts
received during any Due Period, whether as late payments of Monthly Payments or
as Insurance Proceeds, Liquidation Proceeds or otherwise, which represent late
payments or collections of Monthly Payments due but delinquent for a previous
Due Period and not previously recovered.
Liquidation Proceeds: Amounts (other than Insurance Proceeds) received
by the Master Servicer in connection with the taking of an entire Mortgaged
Property by exercise of the power of eminent domain or condemnation or in
connection with the liquidation of a defaulted Mortgage Loan through trustee's
sale, foreclosure sale or otherwise, other than REO Proceeds.
Loan Group: Any group of Mortgage Loans designated as a separate loan
group in the Series Supplement. The Certificates relating to each Loan Group
will be designated in the Series Supplement.
Loan-to-Value Ratio: As of any date, the fraction, expressed as a
percentage, the numerator of which is the current principal balance of the
related Mortgage Loan at the date of determination and the denominator of which
is the Appraised Value of the related Mortgaged Property.
Lower Priority: As of any date of determination and any Class of
Subordinate Certificates, any other Class of Subordinate Certificates then
outstanding with a later priority for payments pursuant to Section 4.02(a).
Lowest Priority: As of any date of determination, the Class of
Subordinate Certificates then outstanding with the latest priority for payments
pursuant to Section 4.02(a), in the following order: Class B-3, Class B-2, Class
B-1, Class M-3, Class M-2 and Class M-1 Certificates.
Maturity Date: The latest possible maturity date, solely for purposes of
Section 1.860G-1(a)(4)(iii) of the Treasury regulations, by which the
Certificate Principal Balance of each Class of Certificates (other than the
Interest Only Certificates which have no Certificate Principal Balance) and each
Uncertificated REMIC Regular Interest would be reduced to zero, as designated in
the Series Supplement.
MERS: Mortgage Electronic Registration Systems, Inc., a corporation
organized and existing under the laws of the State of Delaware, or any successor
thereto.
MERS(R) System: The system of recording transfers of Mortgages
electronically maintained by MERS.
MIN: The Mortgage Identification Number for Mortgage Loans registered with
MERS on the MERS(R)System.
MLCC: Xxxxxxx Xxxxx Credit Corporation, or its successor in interest.
Modified Mortgage Loan: Any Mortgage Loan that has been the subject of a
Servicing Modification.
14
Modified Net Mortgage Rate: As to any Mortgage Loan that is the subject
of a Servicing Modification, the Net Mortgage Rate minus the rate per annum by
which the Mortgage Rate on such Mortgage Loan was reduced.
MOM Loan: With respect to any Mortgage Loan, MERS acting as the
mortgagee of such Mortgage Loan, solely as nominee for the originator of such
Mortgage Loan and its successors and assigns, at the origination thereof.
Monthly Payment: With respect to any Mortgage Loan (including any REO
Property) and any Due Date, the payment of principal and interest due thereon in
accordance with the amortization schedule at the time applicable thereto (after
adjustment, if any, for Curtailments and for Deficient Valuations occurring
prior to such Due Date but before any adjustment to such amortization schedule
by reason of any bankruptcy, other than a Deficient Valuation, or similar
proceeding or any moratorium or similar waiver or grace period and before any
Servicing Modification that constitutes a reduction of the interest rate on such
Mortgage Loan).
Moody's: Xxxxx'x Investors Service, Inc., or its successor in interest.
Mortgage: With respect to each Mortgage Note related to a Mortgage Loan
which is not a Cooperative Loan, the mortgage, deed of trust or other comparable
instrument creating a first lien on an estate in fee simple or leasehold
interest in real property securing a Mortgage Note.
Mortgage File: The mortgage documents listed in Section 2.01 pertaining
to a particular Mortgage Loan and any additional documents required to be added
to the Mortgage File pursuant to this Agreement.
Mortgage Loans: Such of the mortgage loans transferred and assigned to
the Trustee pursuant to Section 2.01 as from time to time are held or deemed to
be held as a part of the Trust Fund, the Mortgage Loans originally so held being
identified in the initial Mortgage Loan Schedule, and Qualified Substitute
Mortgage Loans held or deemed held as part of the Trust Fund including, without
limitation, (i) with respect to each Cooperative Loan, the related Mortgage
Note, Security Agreement, Assignment of Proprietary Lease, Cooperative Stock
Certificate, Cooperative Lease and Mortgage File and all rights appertaining
thereto, and (ii) with respect to each Mortgage Loan other than a Cooperative
Loan, each related Mortgage Note, Mortgage and Mortgage File and all rights
appertaining thereto.
Mortgage Loan Schedule: As defined in the Series Supplement.
Mortgage Note: The originally executed note or other evidence of
indebtedness evidencing the indebtedness of a Mortgagor under a Mortgage Loan,
together with any modification thereto.
Mortgage Pool: The pool of mortgage loans, including all Loan Groups, if
any, consisting of the Mortgage Loans.
Mortgage Rate: As to any Mortgage Loan, the interest rate borne by the
related Mortgage Note, or any modification thereto other than a Servicing
Modification.
15
Mortgaged Property: The underlying real property securing a Mortgage
Loan or, with respect to a Cooperative Loan, the related Cooperative Lease and
Cooperative Stock.
Mortgagor: The obligor on a Mortgage Note.
Net Mortgage Rate: As to each Mortgage Loan, a per annum rate of
interest equal to the Adjusted Mortgage Rate less the per annum rate at which
the Servicing Fee is calculated.
Non-Discount Mortgage Loan: A Mortgage Loan that is not a Discount Mortgage
Loan.
Non-Primary Residence Loans: The Mortgage Loans designated as secured by
second or vacation residences, or by non-owner occupied residences, on the
Mortgage Loan Schedule.
Non-United States Person: Any Person other than a United States Person.
Nonrecoverable Advance: Any Advance previously made or proposed to be
made by the Master Servicer in respect of a Mortgage Loan (other than a Deleted
Mortgage Loan) which, in the good faith judgment of the Master Servicer, will
not, or, in the case of a proposed Advance, would not, be ultimately recoverable
by the Master Servicer from related Late Collections, Insurance Proceeds,
Liquidation Proceeds, REO Proceeds or amounts reimbursable to the Master
Servicer pursuant to Section 4.02(a) hereof. The determination by the Master
Servicer that it has made a Nonrecoverable Advance or that any proposed Advance
would constitute a Nonrecoverable Advance, shall be evidenced by an Officers'
Certificate delivered to the Company, the Trustee and any Certificate Insurer.
Nonsubserviced Mortgage Loan: Any Mortgage Loan that, at the time of
reference thereto, is not subject to a Subservicing Agreement.
Notional Amount: With respect to any Class or Subclass of Interest Only
Certificates, an amount used as the principal basis for the calculation of any
interest payment amount, as more specifically defined in the Series Supplement.
Officers' Certificate: A certificate signed by the Chairman of the
Board, the President or a Vice President or Assistant Vice President, or a
Director or Managing Director, and by the Treasurer, the Secretary, or one of
the Assistant Treasurers or Assistant Secretaries of the Company or the Master
Servicer, as the case may be, and delivered to the Trustee, as required by this
Agreement.
Opinion of Counsel: A written opinion of counsel acceptable to the
Trustee and the Master Servicer, who may be counsel for the Company or the
Master Servicer, provided that any opinion of counsel (i) referred to in the
definition of "Disqualified Organization" or (ii) relating to the qualification
of any REMIC formed under the Series Supplement or compliance with the REMIC
Provisions must, unless otherwise specified, be an opinion of Independent
counsel.
Outstanding Mortgage Loan: As to any Due Date, a Mortgage Loan (including
an REO Property) which was not the subject of a Principal Prepayment in Full,
Cash Liquidation or REO
16
Disposition and which was not purchased, deleted or substituted for prior to
such Due Date pursuant to Section 2.02, 2.03, 2.04 or 4.07.
Ownership Interest: As to any Certificate, any ownership or security
interest in such Certificate, including any interest in such Certificate as the
Holder thereof and any other interest therein, whether direct or indirect, legal
or beneficial, as owner or as pledgee.
Pass-Through Rate: As defined in the Series Supplement.
Paying Agent: The Trustee or any successor Paying Agent appointed by the
Trustee.
Percentage Interest: With respect to any Certificate (other than a Class
R Certificate), the undivided percentage ownership interest in the related Class
evidenced by such Certificate, which percentage ownership interest shall be
equal to the Initial Certificate Principal Balance thereof or Initial Notional
Amount (in the case of any Interest Only Certificate) thereof divided by the
aggregate Initial Certificate Principal Balance or the aggregate of the Initial
Notional Amounts, as applicable, of all the Certificates of the same Class. With
respect to a Class R Certificate, the interest in distributions to be made with
respect to such Class evidenced thereby, expressed as a percentage, as stated on
the face of each such Certificate.
Permitted Investments: One or more of the following:
(i) obligations of or guaranteed as to principal and interest by
the United States or any agency or instrumentality thereof when such
obligations are backed by the full faith and credit of the United
States;
(ii) repurchase agreements on obligations specified in clause (i)
maturing not more than one month from the date of acquisition thereof,
provided that the unsecured obligations of the party agreeing to
repurchase such obligations are at the time rated by each Rating Agency
in its highest short-term rating available;
(iii) federal funds, certificates of deposit, demand deposits,
time deposits and bankers' acceptances (which shall each have an
original maturity of not more than 90 days and, in the case of bankers'
acceptances, shall in no event have an original maturity of more than
365 days or a remaining maturity of more than 30 days) denominated in
United States dollars of any U.S. depository institution or trust
company incorporated under the laws of the United States or any state
thereof or of any domestic branch of a foreign depository institution or
trust company; provided that the debt obligations of such depository
institution or trust company (or, if the only Rating Agency is Standard
& Poor's, in the case of the principal depository institution in a
depository institution holding company, debt obligations of the
depository institution holding company) at the date of acquisition
thereof have been rated by each Rating Agency in its highest short-term
rating available; and provided further that, if the only Rating Agency
is Standard & Poor's and if the depository or trust company is a
principal subsidiary of a bank holding company and the debt obligations
of such subsidiary are not separately rated, the applicable rating shall
be that of the bank holding company; and, provided further that, if the
original maturity of such short-term obligations
17
of a domestic branch of a foreign depository institution or trust
company shall exceed 30 days, the short-term rating of such institution
shall be A-1+ in the case of Standard & Poor's if Standard & Poor's is
the Rating Agency;
(iv) commercial paper and demand notes (having original
maturities of not more than 365 days) of any corporation incorporated
under the laws of the United States or any state thereof which on the
date of acquisition has been rated by each Rating Agency in its highest
short-term rating available; provided that such commercial paper shall
have a remaining maturity of not more than 30 days;
(v) a money market fund or a qualified investment fund rated by
each Rating Agency in its highest long-term rating available; and
(vi) other obligations or securities that are acceptable to each
Rating Agency as a Permitted Investment hereunder and will not reduce
the rating assigned to any Class of Certificates by such Rating Agency
below the lower of the then-current rating or the rating assigned to
such Certificates as of the Closing Date by such Rating Agency, as
evidenced in writing;
provided, however, no instrument shall be a Permitted Investment if it
represents, either (1) the right to receive only interest payments with respect
to the underlying debt instrument or (2) the right to receive both principal and
interest payments derived from obligations underlying such instrument and the
principal and interest payments with respect to such instrument provide a yield
to maturity greater than 120% of the yield to maturity at par of such underlying
obligations. References herein to the highest rating available on unsecured
long-term debt shall mean AAA in the case of Standard & Poor's and Fitch and Aaa
in the case of Xxxxx'x, and references herein to the highest rating available on
unsecured commercial paper and short-term debt obligations shall mean A-1 in the
case of Standard & Poor's, P-1 in the case of Xxxxx'x and either A-1 by Standard
& Poor's, P-1 by Xxxxx'x or F-1 by Fitch in the case of Fitch.
Permitted Transferee: Any Transferee of a Class R Certificate, other than a
Disqualified Organization or Non-United States Person.
Person: Any individual, corporation, limited liability company,
partnership, joint venture, association, joint-stock company, trust,
unincorporated organization or government or any agency or political subdivision
thereof.
Pledged Amount: With respect to any Pledged Asset Loan, the amount of money
remitted to Combined Collateral LLC, at the direction of or for the benefit of
the related Mortgagor.
Pledged Asset Loan: Any Mortgage Loan supported by Pledged Assets or
such other collateral, other than the related Mortgaged Property, set forth in
the Series Supplement.
Pledged Assets: With respect to any Mortgage Loan, all money,
securities, security entitlements, accounts, general intangibles, instruments,
documents, certificates of deposit, commodities contracts and other investment
property and other property of whatever kind or
18
description pledged by Combined Collateral LLC as security in respect of any
Realized Losses in connection with such Mortgage Loan up to the Pledged Amount
for such Mortgage Loan, and any related collateral, or such other collateral as
may be set forth in the Series Supplement.
Pledged Asset Mortgage Servicing Agreement: The Pledged Asset Mortgage
Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master
Servicer.
Pooling and Servicing Agreement or Agreement: With respect to any
Series, this Standard Terms together with the related Series Supplement.
Pool Stated Principal Balance: As to any Distribution Date, the aggregate
of the Stated Principal Balances of each Mortgage Loan.
Pool Strip Rate: With respect to each Mortgage Loan, a per annum rate
equal to the excess of (a) the Net Mortgage Rate of such Mortgage Loan over (b)
the Discount Net Mortgage Rate (but not less than 0.00%) per annum.
Prepayment Distribution Trigger: With respect to any Distribution Date
and any Class of Subordinate Certificates (other than the Class M-1
Certificates), a test that shall be satisfied if the fraction (expressed as a
percentage) equal to the sum of the Certificate Principal Balances of such Class
and each Class of Subordinate Certificates with a Lower Priority than such Class
immediately prior to such Distribution Date divided by the aggregate Stated
Principal Balance of all of the Mortgage Loans (or related REO Properties)
immediately prior to such Distribution Date is greater than or equal to the sum
of the related Initial Subordinate Class Percentages of such Classes of
Subordinate Certificates.
Prepayment Interest Shortfall: As to any Distribution Date and any
Mortgage Loan (other than a Mortgage Loan relating to an REO Property) that was
the subject of (a) a Principal Prepayment in Full during the portion of the
related Prepayment Period that falls during the prior calendar month, an amount
equal to the excess of one month's interest at the Net Mortgage Rate (or
Modified Net Mortgage Rate in the case of a Modified Mortgage Loan) on the
Stated Principal Balance of such Mortgage Loan over the amount of interest
(adjusted to the Net Mortgage Rate (or Modified Net Mortgage Rate in the case of
a Modified Mortgage Loan)) paid by the Mortgagor for such month to the date of
such Principal Prepayment in Full or (b) a Curtailment during the prior calendar
month, an amount equal to one month's interest at the Net Mortgage Rate (or
Modified Net Mortgage Rate in the case of a Modified Mortgage Loan) on the
amount of such Curtailment.
Prepayment Period: As to any Distribution Date and Principal Prepayment
in Full, the period commencing on the 16th day of the month prior to the month
prior to the month in which that Distribution Date occurs and ending on the 15th
day of the month in which such Distribution Date occurs.
Primary Insurance Policy: Each primary policy of mortgage guaranty
insurance or any replacement policy therefor referred to in Section 2.03(b)(iv)
and (v).
19
Principal Only Certificates: A Class of Certificates not entitled to
payments of interest, and more specifically designated as such in the Series
Supplement.
Principal Prepayment: Any payment of principal or other recovery on a
Mortgage Loan, including a recovery that takes the form of Liquidation Proceeds
or Insurance Proceeds, which is received in advance of its scheduled Due Date
and is not accompanied by an amount as to interest representing scheduled
interest on such payment due on any date or dates in any month or months
subsequent to the month of prepayment.
Principal Prepayment in Full: Any Principal Prepayment of the entire
principal balance of a Mortgage Loan that is made by the Mortgagor.
Program Guide: Collectively, the Client Guide and the Servicer Guide for
Residential Funding's mortgage loan purchase and conduit servicing program and
all supplements and amendments thereto published by Residential Funding from
time to time.
Purchase Price: With respect to any Mortgage Loan (or REO Property)
required to be or otherwise purchased on any date pursuant to Section 2.02,
2.03, 2.04 or 4.07, an amount equal to the sum of (i) 100% of the Stated
Principal Balance thereof plus the principal portion of any related unreimbursed
Advances and (ii) unpaid accrued interest at the Adjusted Mortgage Rate (or
Modified Net Mortgage Rate plus the rate per annum at which the Servicing Fee is
calculated in the case of a Modified Mortgage Loan) (or at the Net Mortgage Rate
(or Modified Net Mortgage Rate in the case of a Modified Mortgage Loan) in the
case of a purchase made by the Master Servicer) on the Stated Principal Balance
thereof to the Due Date in the Due Period related to the Distribution Date
occurring in the month following the month of purchase from the Due Date to
which interest was last paid by the Mortgagor.
Qualified Substitute Mortgage Loan: A Mortgage Loan substituted by
Residential Funding or the Company for a Deleted Mortgage Loan which must, on
the date of such substitution, as confirmed in an Officers' Certificate
delivered to the Trustee, with a copy to the Custodian,
(i) have an outstanding principal balance, after deduction of the
principal portion of the monthly payment due in the month of
substitution (or in the case of a substitution of more than one
Mortgage Loan for a Deleted Mortgage Loan, an aggregate
outstanding principal balance, after such deduction), not in
excess of the Stated Principal Balance of the Deleted Mortgage
Loan (the amount of any shortfall to be deposited by Residential
Funding in the Custodial Account in the month of substitution);
(ii) have a Mortgage Rate and a Net Mortgage Rate no lower than and
not more than 1% per annum higher than the Mortgage Rate and Net
Mortgage Rate, respectively, of the Deleted Mortgage Loan as of
the date of substitution;
(iii) have a Loan-to-Value Ratio at the time of substitution no higher
than that of the Deleted Mortgage Loan at the time of
substitution;
20
(iv) have a remaining term to stated maturity not greater than (and
not more than one year less than) that of the Deleted Mortgage
Loan;
(v) comply with each representation and warranty set forth in
Sections 2.03 and 2.04 hereof and Section 4 of the Assignment
Agreement; and
(vi) have a Pool Strip Rate equal to or greater than that of the Deleted
Mortgage Loan.
Notwithstanding any other provisions herein, (x) with respect to any Qualified
Substitute Mortgage Loan substituted for a Deleted Mortgage Loan which was a
Discount Mortgage Loan, such Qualified Substitute Mortgage Loan shall be deemed
to be a Discount Mortgage Loan and to have a Discount Fraction equal to the
Discount Fraction of the Deleted Mortgage Loan and (y) in the event that the
"Pool Strip Rate" of any Qualified Substitute Mortgage Loan as calculated
pursuant to the definition of "Pool Strip Rate" is greater than the Pool Strip
Rate of the related Deleted Mortgage Loan
(i) the Pool Strip Rate of such Qualified Substitute Mortgage Loan
shall be equal to the Pool Strip Rate of the related Deleted
Mortgage Loan for purposes of calculating the Pass-Through Rate
on the Class A-V Certificates and
(ii) the excess of the Pool Strip Rate on such Qualified Substitute
Mortgage Loan as calculated pursuant to the definition of "Pool
Strip Rate" over the Pool Strip Rate on the related Deleted
Mortgage Loan shall be payable to the Class R Certificates
pursuant to Section 4.02 hereof.
Rating Agency: Each of the statistical credit rating agencies specified
in the Preliminary Statement of the Series Supplement. If any agency or a
successor is no longer in existence, "Rating Agency" shall be such statistical
credit rating agency, or other comparable Person, designated by the Company,
notice of which designation shall be given to the Trustee and the Master
Servicer.
Realized Loss: With respect to each Mortgage Loan (or REO Property):
(a) as to which a Cash Liquidation or REO Disposition has occurred,
an amount (not less than zero) equal to (i) the Stated Principal
Balance of the Mortgage Loan (or REO Property) as of the date of
Cash Liquidation or REO Disposition, plus (ii) interest (and REO
Imputed Interest, if any) at the Net Mortgage Rate from the Due
Date as to which interest was last paid or advanced to
Certificateholders up to the Due Date in the Due Period related
to the Distribution Date on which such Realized Loss will be
allocated pursuant to Section 4.05 on the Stated Principal
Balance of such Mortgage Loan (or REO Property) outstanding
during each Due Period that such interest was not paid or
advanced, minus (iii) the proceeds, if any, received during the
month in which such Cash Liquidation (or REO Disposition)
occurred, to the extent applied as recoveries of interest at the
Net Mortgage Rate and to principal of the Mortgage Loan, net of
the portion thereof reimbursable to the Master Servicer or any
Subservicer with respect to related Advances or expenses as to
which the Master Servicer or Subservicer is entitled to
reimbursement thereunder but which have not been previously
reimbursed,
21
(b) which is the subject of a Servicing Modification, (i) the amount
by which the interest portion of a Monthly Payment or the
principal balance of such Mortgage Loan was reduced, and (ii) any
such amount with respect to a Monthly Payment that was or would
have been due in the month immediately following the month in
which a Principal Prepayment or the Purchase Price of such
Mortgage Loan is received or is deemed to have been received,
(c) which has become the subject of a Deficient Valuation, the
difference between the principal balance of the Mortgage Loan
outstanding immediately prior to such Deficient Valuation and the
principal balance of the Mortgage Loan as reduced by the
Deficient Valuation, or
(d) which has become the object of a Debt Service Reduction, the
amount of such Debt Service Reduction.
Notwithstanding the above, neither a Deficient Valuation nor a Debt Service
Reduction shall be deemed a Realized Loss hereunder so long as the Master
Servicer has notified the Trustee in writing that the Master Servicer is
diligently pursuing any remedies that may exist in connection with the
representations and warranties made regarding the related Mortgage Loan and
either (A) the related Mortgage Loan is not in default with regard to payments
due thereunder or (B) delinquent payments of principal and interest under the
related Mortgage Loan and any premiums on any applicable primary hazard
insurance policy and any related escrow payments in respect of such Mortgage
Loan are being advanced on a current basis by the Master Servicer or a
Subservicer, in either case without giving effect to any Debt Service Reduction.
Record Date: With respect to each Distribution Date, the close of
business on the last Business Day of the month next preceding the month in which
the related Distribution Date occurs.
Regular Certificate: Any of the Certificates other than a Class R
Certificate.
REMIC: A "real estate mortgage investment conduit" within the meaning of
Section 860D of the Code.
REMIC Administrator: Residential Funding Corporation. If Residential
Funding Corporation is found by a court of competent jurisdiction to no longer
be able to fulfill its obligations as REMIC Administrator under this Agreement
the Master Servicer or Trustee acting as Master Servicer shall appoint a
successor REMIC Administrator, subject to assumption of the REMIC Administrator
obligations under this Agreement.
REMIC Provisions: Provisions of the federal income tax law relating to
real estate mortgage investment conduits, which appear at Sections 860A through
860G of Subchapter M of Chapter 1 of the Code, and related provisions, and
temporary and final regulations (or, to the extent not inconsistent with such
temporary or final regulations, proposed regulations) and published rulings,
notices and announcements promulgated thereunder, as the foregoing may be in
effect from time to time.
22
REO Acquisition: The acquisition by the Master Servicer on behalf of the
Trustee for the benefit of the Certificateholders of any REO Property pursuant
to Section 3.14.
REO Disposition: As to any REO Property, a determination by the Master
Servicer that it has received all Insurance Proceeds, Liquidation Proceeds, REO
Proceeds and other payments and recoveries (including proceeds of a final sale)
which the Master Servicer expects to be finally recoverable from the sale or
other disposition of the REO Property.
REO Imputed Interest: As to any REO Property, for any period, an amount
equivalent to interest (at the Net Mortgage Rate that would have been applicable
to the related Mortgage Loan had it been outstanding) on the unpaid principal
balance of the Mortgage Loan as of the date of acquisition thereof for such
period.
REO Proceeds: Proceeds, net of expenses, received in respect of any REO
Property (including, without limitation, proceeds from the rental of the related
Mortgaged Property or, with respect to a Cooperative Loan, the related
Cooperative Apartment) which proceeds are required to be deposited into the
Custodial Account only upon the related REO Disposition.
REO Property: A Mortgaged Property acquired by the Master Servicer
through foreclosure or deed in lieu of foreclosure in connection with a
defaulted Mortgage Loan.
Request for Release: A request for release, the forms of which are
attached as Exhibit F hereto, or an electronic request in a form acceptable to
the Custodian.
Required Insurance Policy: With respect to any Mortgage Loan, any
insurance policy which is required to be maintained from time to time under this
Agreement, the Program Guide or the related Subservicing Agreement in respect of
such Mortgage Loan.
Required Surety Payment: With respect to any Additional Collateral Loan
that becomes a Liquidated Mortgage Loan, the lesser of (i) the principal portion
of the Realized Loss with respect to such Mortgage Loan and (ii) the excess, if
any, of (a) the amount of Additional Collateral required at origination with
respect to such Mortgage Loan over (b) the net proceeds realized by the
Subservicer from the related Additional Collateral.
Residential Funding: Residential Funding Corporation, a Delaware
corporation, in its capacity as seller of the Mortgage Loans to the Company and
any successor thereto.
Responsible Officer: When used with respect to the Trustee, any officer
of the Corporate Trust Department of the Trustee, including any Senior Vice
President, any Vice President, any Assistant Vice President, any Assistant
Secretary, any Trust Officer or Assistant Trust Officer, or any other officer of
the Trustee customarily performing functions similar to those performed by any
of the above designated officers to whom, with respect to a particular matter,
such matter is referred.
Retail Certificates: A Senior Certificate, if any, offered in smaller
minimum denominations than other Senior Certificates, and designated as such in
the Series Supplement.
23
Schedule of Discount Fractions: The schedule setting forth the Discount
Fractions with respect to the Discount Mortgage Loans, attached as an exhibit to
the Series Supplement.
Security Agreement: With respect to a Cooperative Loan, the agreement
creating a security interest in favor of the originator in the related
Cooperative Stock.
Seller: As to any Mortgage Loan, a Person, including any Subservicer, that
executed a Seller's Agreement applicable to such Mortgage Loan.
Seller's Agreement: An agreement for the origination and sale of
Mortgage Loans generally in the form of the Seller Contract referred to or
contained in the Program Guide, or in such other form as has been approved by
the Master Servicer and the Company, each containing representations and
warranties in respect of one or more Mortgage Loans consistent in all material
respects with those set forth in the Program Guide.
Senior Accelerated Distribution Percentage: With respect to any
Distribution Date occurring on or prior to the 60th Distribution Date and, with
respect to any Mortgage Pool comprised of two or more Loan Groups, any Loan
Group, 100%. With respect to any Distribution Date thereafter and any such Loan
Group, if applicable, as follows:
(i) for any Distribution Date after the 60th Distribution Date but on
or prior to the 72nd Distribution Date, the related Senior
Percentage for such Distribution Date plus 70% of the related
Subordinate Percentage for such Distribution Date;
(ii) for any Distribution Date after the 72nd Distribution Date but on
or prior to the 84th Distribution Date, the related Senior
Percentage for such Distribution Date plus 60% of the related
Subordinate Percentage for such Distribution Date;
(iii) for any Distribution Date after the 84th Distribution Date but on
or prior to the 96th Distribution Date, the related Senior
Percentage for such Distribution Date plus 40% of the related
Subordinate Percentage for such Distribution Date;
(iv) for any Distribution Date after the 96th Distribution Date but on
or prior to the 108th Distribution Date, the related Senior
Percentage for such Distribution Date plus 20% of the related
Subordinate Percentage for such Distribution Date; and
(v) for any Distribution Date thereafter, the Senior Percentage for
such Distribution Date; provided, however,
(i) that any scheduled reduction to the Senior Accelerated
Distribution Percentage described above shall not occur as of any
Distribution Date unless either
(a)(1)(X) the outstanding principal balance of the Mortgage Loans
delinquent 60 days or more averaged over the last six months, as a
percentage of the aggregate outstanding Certificate Principal Balance of
the Subordinate Certificates, is less than 50%
24
or (Y) the outstanding principal balance of Mortgage Loans delinquent 60
days or more averaged over the last six months, as a percentage of the
aggregate outstanding principal balance of all Mortgage Loans averaged
over the last six months, does not exceed 2% and (2) Realized Losses on
the Mortgage Loans to date for such Distribution Date if occurring
during the sixth, seventh, eighth, ninth or tenth year (or any year
thereafter) after the Closing Date are less than 30%, 35%, 40%, 45% or
50%, respectively, of the sum of the Initial Certificate Principal
Balances of the Subordinate Certificates or
(b)(1) the outstanding principal balance of Mortgage Loans
delinquent 60 days or more averaged over the last six months, as a
percentage of the aggregate outstanding principal balance of all
Mortgage Loans averaged over the last six months, does not exceed 4% and
(2) Realized Losses on the Mortgage Loans to date for such Distribution
Date, if occurring during the sixth, seventh, eighth, ninth or tenth
year (or any year thereafter) after the Closing Date are less than 10%,
15%, 20%, 25% or 30%, respectively, of the sum of the Initial
Certificate Principal Balances of the Subordinate Certificates, and
(ii) that for any Distribution Date on which the Senior Percentage is
greater than the Percentage as of the Closing Date, the Senior
Accelerated Distribution Percentage for such Distribution Date shall
be 100%, or, if the Mortgage Pool is comprised of two or more Loan
Groups, for any Distribution Date on which the weighted average of the
Senior Percentages for each Loan Group, weighted on the basis of the
Stated Principal Balances of the Mortgage Loans in the related Loan
Group, exceeds the weighted average of the initial Senior Percentages
(calculated on such basis) for each Loan Group, each of the Senior
Accelerated Distribution Percentages for such Distribution Date will
equal 100%.
Notwithstanding the foregoing, upon the reduction of the Certificate Principal
Balances of the related Senior Certificates (other than the Class A-P
Certificates, if any) to zero, the related Senior Accelerated Distribution
Percentage shall thereafter be 0%.
Senior Certificate: As defined in the Series Supplement.
Senior Percentage: As defined in the Series Supplement.
Senior Support Certificate: A Senior Certificate that provides
additional credit enhancement to certain other classes of Senior Certificates
and designated as such in the Preliminary Statement of the Series Supplement.
Series: All of the Certificates issued pursuant to a Pooling and Servicing
Agreement and bearing the same series designation.
Series Supplement: The agreement into which this Standard Terms is
incorporated and pursuant to which, together with this Standard Terms, a Series
of Certificates is issued.
Servicing Accounts: The account or accounts created and maintained pursuant
to Section 3.08.
25
Servicing Advances: All customary, reasonable and necessary "out of
pocket" costs and expenses incurred in connection with a default, delinquency or
other unanticipated event by the Master Servicer in the performance of its
servicing obligations, including, but not limited to, the cost of (i) the
preservation, restoration and protection of a Mortgaged Property or, with
respect to a Cooperative Loan, the related Cooperative Apartment, (ii) any
enforcement or judicial proceedings, including foreclosures, including any
expenses incurred in relation to any such proceedings that result from the
Mortgage Loan being registered on the MERS System, (iii) the management and
liquidation of any REO Property and (iv) compliance with the obligations under
Sections 3.01, 3.08, 3.12(a) and 3.14, including, if the Master Servicer or any
Affiliate of the Master Servicer provides services such as appraisals and
brokerage services that are customarily provided by Persons other than servicers
of mortgage loans, reasonable compensation for such services.
Servicing Fee: With respect to any Mortgage Loan and Distribution Date,
the fee payable monthly to the Master Servicer in respect of master servicing
compensation that accrues at an annual rate designated on the Mortgage Loan
Schedule as the "MSTR SERV FEE" for such Mortgage Loan, as may be adjusted with
respect to successor Master Servicers as provided in Section 7.02.
Servicing Modification: Any reduction of the interest rate on or the
outstanding principal balance of a Mortgage Loan that is in default, or for
which, in the judgment of the Master Servicer, default is reasonably
foreseeable, pursuant to a modification of such Mortgage Loan in accordance with
Section 3.07(a).
Servicing Officer: Any officer of the Master Servicer involved in, or
responsible for, the administration and servicing of the Mortgage Loans whose
name and specimen signature appear on a list of servicing officers furnished to
the Trustee by the Master Servicer, as such list may from time to time be
amended.
Special Hazard Loss: Any Realized Loss not in excess of the cost of the
lesser of repair or replacement of a Mortgaged Property (or, with respect to a
Cooperative Loan, the related Cooperative Apartment) suffered by such Mortgaged
Property (or Cooperative Apartment) on account of direct physical loss,
exclusive of (i) any loss of a type covered by a hazard policy or a flood
insurance policy required to be maintained in respect of such Mortgaged Property
pursuant to Section 3.12(a), except to the extent of the portion of such loss
not covered as a result of any coinsurance provision and (ii) any Extraordinary
Loss.
Standard & Poor's: Standard & Poor's, a division of The XxXxxx-Xxxx
Companies, Inc., or its successor in interest.
Stated Principal Balance: With respect to any Mortgage Loan or related
REO Property, at any given time, (i) the Cut-off Date Principal Balance of the
Mortgage Loan, minus (ii) the sum of (a) the principal portion of the Monthly
Payments due with respect to such Mortgage Loan or REO Property during each Due
Period ending prior to the most recent Distribution Date which were received or
with respect to which an Advance was made, and (b) all Principal Prepayments
with respect to such Mortgage Loan or REO Property, and all Insurance Proceeds,
Liquidation Proceeds and REO Proceeds, to the extent applied by the Master
Servicer as recoveries of principal in accordance with Section 3.14 with respect
to such Mortgage Loan or REO Property, in each case
26
which were distributed pursuant to Section 4.02 on any previous Distribution
Date, and (c) any Realized Loss allocated to Certificateholders with respect
thereto for any previous Distribution Date.
Subclass: With respect to the Class A-V Certificates, any Subclass
thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the
Uncertificated Class A-V REMIC Regular Interest or Interests specified by the
initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).
Subordinate Certificate: Any one of the Class M Certificates or Class B
Certificates, executed by the Trustee and authenticated by the Certificate
Registrar substantially in the form annexed hereto as Exhibit B and Exhibit C,
respectively.
Subordinate Class Percentage: With respect to any Distribution Date and
any Class of Subordinate Certificates, a fraction, expressed as a percentage,
the numerator of which is the aggregate Certificate Principal Balance of such
Class of Subordinate Certificates immediately prior to such date and the
denominator of which is the aggregate Stated Principal Balance of all of the
Mortgage Loans (or related REO Properties) (other than the related Discount
Fraction of each Discount Mortgage Loan) immediately prior to such Distribution
Date.
Subordinate Percentage: As of any Distribution Date and, with respect to
any Mortgage Pool comprised of two or more Loan Groups, any Loan Group, 100%
minus the related Senior Percentage as of such Distribution Date.
Subserviced Mortgage Loan: Any Mortgage Loan that, at the time of reference
thereto, is subject to a Subservicing Agreement.
Subservicer: Any Person with whom the Master Servicer has entered into a
Subservicing Agreement and who generally satisfied the requirements set forth in
the Program Guide in respect of the qualification of a Subservicer as of the
date of its approval as a Subservicer by the Master Servicer.
Subservicer Advance: Any delinquent installment of principal and
interest on a Mortgage Loan which is advanced by the related Subservicer (net of
its Subservicing Fee) pursuant to the Subservicing Agreement.
Subservicing Account: An account established by a Subservicer in accordance
with Section 3.08.
Subservicing Agreement: The written contract between the Master Servicer
and any Subservicer relating to servicing and administration of certain Mortgage
Loans as provided in Section 3.02, generally in the form of the servicer
contract referred to or contained in the Program Guide or in such other form as
has been approved by the Master Servicer and the Company. With respect to
Additional Collateral Loans subserviced by MLCC, the Subservicing Agreement
shall also include the Addendum and Assignment Agreement and the Pledged Asset
Mortgage Servicing Agreement. With respect to any Pledged Asset Loan subserviced
by GMAC Mortgage Corporation,
27
the Addendum and Assignment Agreement, dated as of November 24, 1998, between
the Master Servicer and GMAC Mortgage Corporation, as such agreement may be
amended from time to time.
Subservicing Fee: As to any Mortgage Loan, the fee payable monthly to
the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to
the Master Servicer) in respect of subservicing and other compensation that
accrues at an annual rate equal to the excess of the Mortgage Rate borne by the
related Mortgage Note over the rate per annum designated on the Mortgage Loan
Schedule as the "CURR NET" for such Mortgage Loan.
Surety: Ambac, or its successors in interest, or such other surety as may
be identified in the Series Supplement.
Surety Bond: The Limited Purpose Surety Bond (Policy No. AB0039BE),
dated February 28, 1996 in respect to Mortgage Loans originated by MLCC, or the
Surety Bond (Policy No. AB0240BE), dated March 17, 1999 in respect to Mortgage
Loans originated by Novus Financial Corporation, in each case issued by Ambac
for the benefit of certain beneficiaries, including the Trustee for the benefit
of the Holders of the Certificates, but only to the extent that such Surety Bond
covers any Additional Collateral Loans, or such other Surety Bond as may be
identified in the Series Supplement.
Tax Returns: The federal income tax return on Internal Revenue Service
Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return,
including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of
REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed
on behalf of any REMIC formed under the Series Supplement and under the REMIC
Provisions, together with any and all other information, reports or returns that
may be required to be furnished to the Certificateholders or filed with the
Internal Revenue Service or any other governmental taxing authority under any
applicable provisions of federal, state or local tax laws.
Transfer: Any direct or indirect transfer, sale, pledge, hypothecation or
other form of assignment of any Ownership Interest in a Certificate.
Transferee: Any Person who is acquiring by Transfer any Ownership Interest
in a Certificate.
Transferor: Any Person who is disposing by Transfer of any Ownership
Interest in a Certificate.
Trust Fund: The segregated pool of assets related to a Series, with
respect to which one or more REMIC elections are to be made pursuant to this
Agreement, consisting of:
(i) the Mortgage Loans and the related Mortgage Files and collateral
securing such Mortgage Loans,
(ii) all payments on and collections in respect of the Mortgage Loans due
after the Cut-off Date as shall be on deposit in the Custodial Account
or in the Certificate Account and identified as belonging to the Trust
Fund, including the proceeds from
28
the liquidation of Additional Collateral for any Additional
Collateral Loan or Pledged Assets for any Pledged Asset Loan, but
not including amounts on deposit in the Initial Monthly Payment
Fund,
(iii) property that secured a Mortgage Loan and that has been acquired
for the benefit of the Certificateholders by foreclosure or deed
in lieu of foreclosure,
(iv) the hazard insurance policies and Primary Insurance Policies, if
any, the Pledged Assets with respect to each Pledged Asset Loan,
and the interest in the Surety Bond transferred to the Trustee
pursuant to Section 2.01, and
(v) all proceeds of clauses (i) through (iv) above.
Uniform Single Attestation Program for Mortgage Bankers: The Uniform
Single Attestation Program for Mortgage Bankers, as published by the Mortgage
Bankers Association of America and effective with respect to fiscal periods
ending on or after December 15, 1995.
Uninsured Cause: Any cause of damage to property subject to a Mortgage
such that the complete restoration of such property is not fully reimbursable by
the hazard insurance policies.
United States Person: A citizen or resident of the United States, a
corporation, partnership or other entity created or organized in, or under the
laws of, the United States, provided that, for purposes solely of the
restrictions on the transfer of residual interests, no partnership or other
entity treated as a partnership for United States federal income tax purposes
shall be treated as a United States Person unless all persons that own an
interest in such partnership either directly or through any entity that is not a
corporation for United States federal income tax purposes are required by the
applicable operating agreement to be United States Persons, any state thereof,
or the District of Columbia (except in the case of a partnership, to the extent
provided in Treasury regulations) or any political subdivision thereof, or an
estate that is described in Section 7701(a)(30)(D) of the Code, or a trust that
is described in Section 7701(a)(30)(E) of the Code.
Voting Rights: The portion of the voting rights of all of the Certificates
which is allocated to any Certificate, and more specifically designated in
Article XI of the Series Supplement.
Section 1.02 Use of Words and Phrases.
"Herein," "hereby," "hereunder," 'hereof," "hereinbefore," "hereinafter"
and other equivalent words refer to the Pooling and Servicing Agreement as a
whole. All references herein to Articles, Sections or Subsections shall mean the
corresponding Articles, Sections and Subsections in the Pooling and Servicing
Agreement. The definition set forth herein include both the singular and the
plural.
29
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans.
(a) The Company, concurrently with the execution and delivery hereof,
does hereby assign to the Trustee without recourse all the right, title and
interest of the Company in and to the Mortgage Loans, including all interest and
principal received on or with respect to the Mortgage Loans after the Cut-off
Date (other than payments of principal and interest due on the Mortgage Loans on
or before the Cut-off Date). In connection with such transfer and assignment,
the Company does hereby deliver to the Trustee the Certificate Policy (as
defined in the Series Supplement), if any.
(b) In connection with such assignment, except as set forth in Section
2.01(c) and subject to Section 2.01(d) below, the Company does hereby deliver
to, and deposit with, the Trustee, or to and with one or more Custodians, as the
duly appointed agent or agents of the Trustee for such purpose, the following
documents or instruments (or copies thereof as permitted by this Section) (I)
with respect to each Mortgage Loan so assigned (other than a Cooperative Loan):
(i) The original Mortgage Note, endorsed without recourse
to the order of the Trustee and showing an unbroken chain of
endorsements from the originator thereof to the Person endorsing
it to the Trustee, or with respect to any Destroyed Mortgage
Note, an original lost note affidavit from the related Seller or
Residential Funding stating that the original Mortgage Note was
lost, misplaced or destroyed, together with a copy of the related
Mortgage Note;
(ii) The original Mortgage, noting the presence of the MIN
of the Mortgage Loan and language indicating that the Mortgage
Loan is a MOM Loan if the Mortgage Loan is a MOM Loan, with
evidence of recording indicated thereon or a copy of the Mortgage
with evidence of recording indicated thereon;
(iii) Unless the Mortgage Loan is registered on the
MERS(R) System, an original Assignment of the Mortgage to the
Trustee with evidence of recording indicated thereon or a copy of
such assignment with evidence of recording indicated thereon;
(iv) The original recorded assignment or assignments of
the Mortgage showing an unbroken chain of title from the
originator thereof to the Person assigning it to the Trustee (or
to MERS, if the Mortgage Loan is registered on the MERS(R) System
and noting the presence of a MIN) with evidence of recordation
noted thereon or attached thereto, or a copy of such assignment
or assignments of the Mortgage with evidence of recording
indicated thereon; and
30
(v) The original of each modification, assumption
agreement or preferred loan agreement, if any, relating to such
Mortgage Loan or a copy of each modification, assumption
agreement or preferred loan agreement.
and (II) with respect to each Cooperative Loan so assigned:
(i) The original Mortgage Note, endorsed without recourse
to the order of the Trustee and showing an unbroken chain of
endorsements from the originator thereof to the Person endorsing
it to the Trustee, or with respect to any Destroyed Mortgage
Note, an original lost note affidavit from the related Seller or
Residential Funding stating that the original Mortgage Note was
lost, misplaced or destroyed, together with a copy of the related
Mortgage Note;
(ii) A counterpart of the Cooperative Lease and the
Assignment of Proprietary Lease to the originator of the
Cooperative Loan with intervening assignments showing an unbroken
chain of title from such originator to the Trustee;
(iii) The related Cooperative Stock Certificate,
representing the related Cooperative Stock pledged with respect
to such Cooperative Loan, together with an undated stock power
(or other similar instrument) executed in blank;
(iv) The original recognition agreement by the Cooperative
of the interests of the mortgagee with respect to the related
Cooperative Loan;
(v) The Security Agreement;
(vi) Copies of the original UCC-1 financing statement, and
any continuation statements, filed by the originator of such
Cooperative Loan as secured party, each with evidence of
recording thereof, evidencing the interest of the originator
under the Security Agreement and the Assignment of Proprietary
Lease;
(vii) Copies of the filed UCC-3 assignments of the
security interest referenced in clause (vi) above showing an
unbroken chain of title from the originator to the Trustee, each
with evidence of recording thereof, evidencing the interest of
the originator under the Security Agreement and the Assignment of
Proprietary Lease;
(viii) An executed assignment of the interest of the
originator in the Security Agreement, Assignment of Proprietary
Lease and the recognition agreement referenced in clause (iv)
above, showing an unbroken chain of title from the originator to
the Trustee;
(ix) The original of each modification, assumption
agreement or preferred loan agreement, if any, relating to such
Cooperative Loan; and
(x) An executed UCC-1 financing statement showing the
Master Servicer as debtor, the Company as secured party and the
Trustee as assignee and an executed
31
UCC-1 financing statement showing the Company as debtor and the
Trustee as secured party, each in a form sufficient for filing,
evidencing the interest of such debtors in the Cooperative Loans.
(c) The Company may, in lieu of delivering the original of the documents
set forth in Section 2.01(b)(I)(ii), (iii), (iv) and (v) and Section
(b)(II)(ii), (iv), (vii), (ix) and (x) (or copies thereof as permitted by
Section 2.01(b)) to the Trustee or the Custodian or Custodians, deliver such
documents to the Master Servicer, and the Master Servicer shall hold such
documents in trust for the use and benefit of all present and future
Certificateholders until such time as is set forth in the next sentence. Within
thirty Business Days following the earlier of (i) the receipt of the original of
all of the documents or instruments set forth in Section 2.01(b)(I)(ii), (iii),
(iv) and (v) and Section (b)(II)(ii), (iv), (vii), (ix) and (x) (or copies
thereof as permitted by such Section) for any Mortgage Loan and (ii) a written
request by the Trustee to deliver those documents with respect to any or all of
the Mortgage Loans then being held by the Master Servicer, the Master Servicer
shall deliver a complete set of such documents to the Trustee or the Custodian
or Custodians that are the duly appointed agent or agents of the Trustee.
(d) Notwithstanding the provisions of Section 2.01(c), in connection
with any Mortgage Loan, if the Company cannot deliver the original of the
Mortgage, any assignment, modification, assumption agreement or preferred loan
agreement (or copy thereof as permitted by Section 2.01(b)) with evidence of
recording thereon concurrently with the execution and delivery of this Agreement
because of (i) a delay caused by the public recording office where such
Mortgage, assignment, modification, assumption agreement or preferred loan
agreement as the case may be, has been delivered for recordation, or (ii) a
delay in the receipt of certain information necessary to prepare the related
assignments, the Company shall deliver or cause to be delivered to the Trustee
or the respective Custodian a copy of such Mortgage, assignment, modification,
assumption agreement or preferred loan agreement.
The Company shall promptly cause to be recorded in the appropriate
public office for real property records the Assignment referred to in clause
(I)(iii) of Section 2.01(b), except (a) in states where, in the opinion of
counsel acceptable to the Trustee and the Master Servicer, such recording is not
required to protect the Trustee's interests in the Mortgage Loan against the
claim of any subsequent transferee or any successor to or creditor of the
Company or the originator of such Mortgage Loan or (b) if MERS is identified on
the Mortgage or on a properly recorded assignment of the Mortgage as the
mortgagee of record solely as nominee for the Seller and its successors and
assigns, and shall promptly cause to be filed the Form UCC-3 assignment and
UCC-1 financing statement referred to in clause (II)(vii) and (x), respectively,
of Section 2.01(b). If any Assignment, Form UCC-3 or Form UCC-1, as applicable,
is lost or returned unrecorded to the Company because of any defect therein, the
Company shall prepare a substitute Assignment, Form UCC-3 or Form UCC-1, as
applicable, or cure such defect, as the case may be, and cause such Assignment
to be recorded in accordance with this paragraph. The Company shall promptly
deliver or cause to be delivered to the Trustee or the respective Custodian such
Mortgage or Assignment or Form UCC-3 or Form UCC-1, as applicable, (or copy
thereof as permitted by Section 2.01(b)) with evidence of recording indicated
thereon at the time specified in Section 2.01(c). In connection with its
servicing of Cooperative Loans, the Master Servicer will use its best efforts to
file timely continuation
32
statements with regard to each financing statement and assignment relating to
Cooperative Loans as to which the related Cooperative Apartment is located
outside of the State of New York.
If the Company delivers to the Trustee or Custodian any Mortgage Note or
Assignment of Mortgage in blank, the Company shall, or shall cause the Custodian
to, complete the endorsement of the Mortgage Note and the Assignment of Mortgage
in the name of the Trustee in conjunction with the Interim Certification issued
by the Custodian, as contemplated by Section 2.02.
Any of the items set forth in Sections 2.01(b)(I)(ii), (iii), (iv) and
(v) and (II)(vi) and (vii) and that may be delivered as a copy rather than the
original may be delivered to the Trustee or the Custodian.
In connection with the assignment of any Mortgage Loan registered on the
MERS(R) System, the Company further agrees that it will cause, at the Company's
own expense, within 30 Business Days after the Closing Date, the MERS(R) System
to indicate that such Mortgage Loans have been assigned by the Company to the
Trustee in accordance with this Agreement for the benefit of the
Certificateholders by including (or deleting, in the case of Mortgage Loans
which are repurchased in accordance with this Agreement) in such computer files
(a) the code in the field which identifies the specific Trustee and (b) the code
in the field "Pool Field" which identifies the series of the Certificates issued
in connection with such Mortgage Loans. The Company further agrees that it will
not, and will not permit the Master Servicer to, and the Master Xxxxxxxx agrees
that it will not, alter the codes referenced in this paragraph with respect to
any Mortgage Loan during the term of this Agreement unless and until such
Mortgage Loan is repurchased in accordance with the terms of this Agreement.
(e) Residential Funding hereby assigns to the Trustee its security
interest in and to any Additional Collateral or Pledged Assets, its right to
receive amounts due or to become due in respect of any Additional Collateral or
Pledged Assets pursuant to the related Subservicing Agreement and its rights as
beneficiary under the Surety Bond in respect of any Additional Collateral Loans.
With respect to any Additional Collateral Loan or Pledged Asset Loan,
Residential Funding shall cause to be filed in the appropriate recording office
a UCC-3 statement giving notice of the assignment of the related security
interest to the Trust Fund and shall thereafter cause the timely filing of all
necessary continuation statements with regard to such financing statements.
(f) It is intended that the conveyance by the Company to the Trustee of
the Mortgage Loans as provided for in this Section 2.01 be and the
Uncertificated REMIC Regular Interests, if any (as provided for in Section
2.06), be construed as a sale by the Company to the Trustee of the Mortgage
Loans and any Uncertificated REMIC Regular Interests for the benefit of the
Certificateholders. Further, it is not intended that such conveyance be deemed
to be a pledge of the Mortgage Loans and any Uncertificated REMIC Regular
Interests by the Company to the Trustee to secure a debt or other obligation of
the Company. However, if the Mortgage Loans and any Uncertificated REMIC Regular
Interests are held to be property of the Company or of Residential Funding, or
if for any reason this Agreement is held or deemed to create a security interest
in the Mortgage Loans and any Uncertificated REMIC Regular Interests, then it is
intended that (a) this Agreement shall be a security agreement within the
meaning of Articles 8 and 9 of the New York Uniform Commercial Code and the
Uniform Commercial Code of any other applicable jurisdiction;
33
(b) the conveyance provided for in Section 2.01 shall be deemed to be, and
hereby is, (1) a grant by the Company to the Trustee of a security interest in
all of the Company's right (including the power to convey title thereto), title
and interest, whether now owned or hereafter acquired, in and to any and all
general intangibles, accounts, chattel paper, instruments, documents, money,
deposit accounts, certificates of deposit, goods, letters of credit, advices of
credit and investment property and other property of whatever kind or
description now existing or hereafter acquired consisting of, arising from or
relating to any of the following: (A) the Mortgage Loans, including (i) with
respect to each Cooperative Loan, the related Mortgage Note, Security Agreement,
Assignment of Proprietary Lease, Cooperative Stock Certificate and Cooperative
Lease, (ii) with respect to each Mortgage Loan other than a Cooperative Loan,
the related Mortgage Note and Mortgage, and (iii) any insurance policies and all
other documents in the related Mortgage File, (B) all amounts payable pursuant
to the Mortgage Loans in accordance with the terms thereof, (C) any
Uncertificated REMIC Regular Interests and (D) all proceeds of the conversion,
voluntary or involuntary, of the foregoing into cash, instruments, securities or
other property, including without limitation all amounts from time to time held
or invested in the Certificate Account or the Custodial Account, whether in the
form of cash, instruments, securities or other property and (2) an assignment by
the Company to the Trustee of any security interest in any and all of
Residential Funding's right (including the power to convey title thereto), title
and interest, whether now owned or hereafter acquired, in and to the property
described in the foregoing clauses (1)(A), (B), (C) and (D) granted by
Residential Funding to the Company pursuant to the Assignment Agreement; (c) the
possession by the Trustee, the Custodian or any other agent of the Trustee of
Mortgage Notes or such other items of property as constitute instruments, money,
negotiable documents, goods, letters of credit, advices of credit, investment
property, certificated securities or chattel paper shall be deemed to be
"possession by the secured party," or possession by a purchaser or a person
designated by such secured party, for purposes of perfecting the security
interest pursuant to the Minnesota Uniform Commercial Code and the Uniform
Commercial Code of any other applicable jurisdiction as in effect (including,
without limitation, Sections 8-106, 9-305 and 9-115 thereof); and (d)
notifications to persons holding such property, and acknowledgments, receipts or
confirmations from persons holding such property, shall be deemed notifications
to, or acknowledgments, receipts or confirmations from, securities
intermediaries, bailees or agents of, or persons holding for (as applicable) the
Trustee for the purpose of perfecting such security interest under applicable
law.
The Company and, at the Company's direction, Residential Funding and the
Trustee shall, to the extent consistent with this Agreement, take such
reasonable actions as may be necessary to ensure that, if this Agreement were
determined to create a security interest in the Mortgage Loans, any
Uncertificated REMIC Regular Interests and the other property described above,
such security interest would be determined to be a perfected security interest
of first priority under applicable law and will be maintained as such throughout
the term of this Agreement. Without limiting the generality of the foregoing,
the Company shall prepare and deliver to the Trustee not less than 15 days prior
to any filing date and, the Trustee shall forward for filing, or shall cause to
be forwarded for filing, at the expense of the Company, all filings necessary to
maintain the effectiveness of any original filings necessary under the Uniform
Commercial Code as in effect in any jurisdiction to perfect the Trustee's
security interest in or lien on the Mortgage Loans and any Uncertificated REMIC
Regular Interests, as evidenced by an Officers' Certificate of the Company,
including without limitation (x) continuation statements, and (y) such other
statements as may be occasioned by (1) any change of name of Residential
Funding, the Company or the Trustee (such preparation
34
and filing shall be at the expense of the Trustee, if occasioned by a change in
the Trustee's name), (2) any change of location of the place of business or the
chief executive office of Residential Funding or the Company, (3) any transfer
of any interest of Residential Funding or the Company in any Mortgage Loan or
(4) any transfer of any interest of Residential Funding or the Company in any
Uncertificated REMIC Regular Interest.
(g) The Master Servicer hereby acknowledges the receipt by it of the
Initial Monthly Payment Fund. The Master Servicer shall hold such Initial
Monthly Payment Fund in the Custodial Account and shall include such Initial
Monthly Payment Fund in the Available Distribution Amount for the initial
Distribution Date. Notwithstanding anything herein to the contrary, the Initial
Monthly Payment Fund shall not be an asset of any REMIC. To the extent that the
Initial Monthly Payment Fund constitutes a reserve fund for federal income tax
purposes, (1) it shall be an outside reserve fund and not an asset of any REMIC,
(2) it shall be owned by the Seller and (3) amounts transferred by any REMIC to
the Initial Monthly Payment Fund shall be treated as transferred to the Seller
or any successor, all within the meaning of Section 1.860G-2(h) of the Treasury
Regulations.
(h) The Company agrees that the sale of each Pledged Asset Loan pursuant
to this Agreement will also constitute the assignment, sale, setting-over,
transfer and conveyance to the Trustee, without recourse (but subject to the
Company's covenants, representations and warranties specifically provided
herein), of all of the Company's obligations and all of the Company's right,
title and interest in, to and under, whether now existing or hereafter acquired
as owner of the Mortgage Loan with respect to all money, securities, security
entitlements, accounts, general intangibles, instruments, documents,
certificates of deposit, commodities contracts, and other investment property
and other property of whatever kind or description consisting of, arising from
or related to (i) the Assigned Contracts, (ii) all rights, powers and remedies
of the Company as owner of such Mortgage Loan under or in connection with the
Assigned Contracts, whether arising under the terms of such Assigned Contracts,
by statute, at law or in equity, or otherwise arising out of any default by the
Mortgagor under or in connection with the Assigned Contracts, including all
rights to exercise any election or option or to make any decision or
determination or to give or receive any notice, consent, approval or waiver
thereunder, (iii) all security interests in and lien of the Company as owner of
such Mortgage Loan in the Pledged Amounts and all money, securities, security
entitlements, accounts, general intangibles, instruments, documents,
certificates of deposit, commodities contracts, and other investment property
and other property of whatever kind or description and all cash and non-cash
proceeds of the sale, exchange, or redemption of, and all stock or conversion
rights, rights to subscribe, liquidation dividends or preferences, stock
dividends, rights to interest, dividends, earnings, income, rents, issues,
profits, interest payments or other distributions of cash or other property that
is credited to the Custodial Account, (iv) all documents, books and records
concerning the foregoing (including all computer programs, tapes, disks and
related items containing any such information) and (v) all insurance proceeds
(including proceeds from the Federal Deposit Insurance Corporation or the
Securities Investor Protection Corporation or any other insurance company) of
any of the foregoing or replacements thereof or substitutions therefor, proceeds
of proceeds and the conversion, voluntary or involuntary, of any thereof. The
foregoing transfer, sale, assignment and conveyance does not constitute and is
not intended to result in the creation, or an assumption by the Trustee, of any
obligation of the Company, or any other person in connection with the Pledged
Assets or under any agreement or instrument relating thereto, including any
obligation to the Mortgagor, other than as owner of the Mortgage Loan.
35
Section 2.02 Acceptance by Trustee.
The Trustee acknowledges receipt (or, with respect to Mortgage Loans
subject to a Custodial Agreement, and based solely upon a receipt or
certification executed by the Custodian, receipt by the respective Custodian as
the duly appointed agent of the Trustee) of the documents referred to in Section
2.01(b)(I)(i) and Section 2.01(b)(II)(i), (iii), (v), (vi) and (viii) above
(except that for purposes of such acknowledgment only, a Mortgage Note may be
endorsed in blank) and declares that it, or a Custodian as its agent, holds and
will hold such documents and the other documents constituting a part of the
Mortgage Files delivered to it, or a Custodian as its agent, and the rights of
Residential Funding with respect to any Pledged Assets, Additional Collateral
and the Surety Bond assigned to the Trustee pursuant to Section 2.01, in trust
for the use and benefit of all present and future Certificateholders. The
Trustee or Custodian (such Custodian being so obligated under a Custodial
Agreement) agrees, for the benefit of Certificateholders, to review each
Mortgage File delivered to it pursuant to Section 2.01(b) within 45 days after
the Closing Date to ascertain that all required documents (specifically as set
forth in Section 2.01(b)), have been executed and received, and that such
documents relate to the Mortgage Loans identified on the Mortgage Loan Schedule,
as supplemented, that have been conveyed to it, and to deliver to the Trustee a
certificate (the "Interim Certification") to the effect that all documents
required to be delivered pursuant to Section 2.01(b) above have been executed
and received and that such documents relate to the Mortgage Loans identified on
the Mortgage Loan Schedule, except for any exceptions listed on Schedule A
attached to such Interim Certification. Upon delivery of the Mortgage Files by
the Company or the Master Servicer, the Trustee shall acknowledge receipt (or,
with respect to Mortgage Loans subject to a Custodial Agreement, and based
solely upon a receipt or certification executed by the Custodian, receipt by the
respective Custodian as the duly appointed agent of the Trustee) of the
documents referred to in Section 2.01(c) above.
If the Custodian, as the Trustee's agent, finds any document or
documents constituting a part of a Mortgage File to be missing or defective, the
Trustee shall promptly so notify the Master Servicer and the Company. Pursuant
to Section 2.3 of the Custodial Agreement, the Custodian will notify the Master
Servicer, the Company and the Trustee of any such omission or defect found by it
in respect of any Mortgage File held by it in respect of the items reviewed by
it pursuant to the Custodial Agreement. If such omission or defect materially
and adversely affects the interests of the Certificateholders, the Master
Servicer shall promptly notify the related Subservicer or Seller of such
omission or defect and request that such Subservicer or Seller correct or cure
such omission or defect within 60 days from the date the Master Servicer was
notified of such omission or defect and, if such Subservicer or Seller does not
correct or cure such omission or defect within such period, that such
Subservicer or Seller purchase such Mortgage Loan from the Trust Fund at its
Purchase Price, in either case within 90 days from the date the Master Servicer
was notified of such omission or defect; provided that if the omission or defect
would cause the Mortgage Loan to be other than a "qualified mortgage" as defined
in Section 860G(a)(3) of the Code, any such cure or repurchase must occur within
90 days from the date such breach was discovered. The Purchase Price for any
such Mortgage Loan, whether purchased by the Seller or the Subservicer, shall be
deposited or caused to be deposited by the Master Servicer in the Custodial
Account maintained by it pursuant to Section 3.07 and, upon receipt by the
Trustee of written notification of such deposit signed by a Servicing Officer,
the Trustee or any Custodian, as the case may be, shall release to the Master
Servicer the related
36
Mortgage File and the Trustee shall execute and deliver such instruments of
transfer or assignment prepared by the Master Servicer, in each case without
recourse, as shall be necessary to vest in the Seller or its designee or the
Subservicer or its designee, as the case may be, any Mortgage Loan released
pursuant hereto and thereafter such Mortgage Loan shall not be part of the Trust
Fund. In furtherance of the foregoing, if the Subservicer or Seller that
repurchases the Mortgage Loan is not a member of MERS and the Mortgage is
registered on the MERS(R) System, the Master Servicer, at its own expense and
without any right of reimbursement, shall cause MERS to execute and deliver an
assignment of the Mortgage in recordable form to transfer the Mortgage from MERS
to such Subservicer or Seller and shall cause such Mortgage to be removed from
registration on the MERS(R) System in accordance with MERS' rules and
regulations. It is understood and agreed that the obligation of the Seller or
the Subservicer, as the case may be, to so cure or purchase any Mortgage Loan as
to which a material and adverse defect in or omission of a constituent document
exists shall constitute the sole remedy respecting such defect or omission
available to Certificateholders or the Trustee on behalf of the
Certificateholders.
Section 2.03 Representations, Warranties and Covenants of the Master
Servicer and the Company.
(a) The Master Servicer hereby represents and warrants to the Trustee
for the benefit of the Certificateholders that:
(i) The Master Servicer is a corporation duly organized,
validly existing and in good standing under the laws governing
its creation and existence and is or will be in compliance with
the laws of each state in which any Mortgaged Property is located
to the extent necessary to ensure the enforceability of each
Mortgage Loan in accordance with the terms of this Agreement;
(ii) The execution and delivery of this Agreement by the
Master Servicer and its performance and compliance with the terms
of this Agreement will not violate the Master Servicer's
Certificate of Incorporation or Bylaws or constitute a material
default (or an event which, with notice or lapse of time, or
both, would constitute a material default) under, or result in
the material breach of, any material contract, agreement or other
instrument to which the Master Servicer is a party or which may
be applicable to the Master Servicer or any of its assets;
(iii) This Agreement, assuming due authorization,
execution and delivery by the Trustee and the Company,
constitutes a valid, legal and binding obligation of the Master
Servicer, enforceable against it in accordance with the terms
hereof subject to applicable bankruptcy, insolvency,
reorganization, moratorium and other laws affecting the
enforcement of creditors' rights generally and to general
principles of equity, regardless of whether such enforcement is
considered in a proceeding in equity or at law;
(iv) The Master Servicer is not in default with respect to
any order or decree of any court or any order, regulation or
demand of any federal, state, municipal or governmental agency,
which default might have consequences that
37
would materially and adversely affect the condition (financial or
other) or operations of the Master Servicer or its properties or
might have consequences that would materially adversely affect
its performance hereunder;
(v) No litigation is pending or, to the best of the Master
Servicer's knowledge, threatened against the Master Servicer
which would prohibit its entering into this Agreement or
performing its obligations under this Agreement;
(vi) The Master Servicer will comply in all material
respects in the performance of this Agreement with all reasonable
rules and requirements of each insurer under each Required
Insurance Policy;
(vii) No information, certificate of an officer, statement
furnished in writing or report delivered to the Company, any
Affiliate of the Company or the Trustee by the Master Servicer
will, to the knowledge of the Master Servicer, contain any untrue
statement of a material fact or omit a material fact necessary to
make the information, certificate, statement or report not
misleading;
(viii) The Master Servicer has examined each existing, and
will examine each new, Subservicing Agreement and is or will be
familiar with the terms thereof. The terms of each existing
Subservicing Agreement and each designated Subservicer are
acceptable to the Master Servicer and any new Subservicing
Agreements will comply with the provisions of Section 3.02; and
(ix) The Master Servicer is a member of MERS in good
standing, and will comply in all material respects with the rules
and procedures of MERS in connection with the servicing of the
Mortgage Loans that are registered with MERS.
It is understood and agreed that the representations and
warranties set forth in this Section 2.03(a) shall survive
delivery of the respective Mortgage Files to the Trustee or any
Custodian.
Upon discovery by either the Company, the Master Servicer, the Trustee
or any Custodian of a breach of any representation or warranty set forth in this
Section 2.03(a) which materially and adversely affects the interests of the
Certificateholders in any Mortgage Loan, the party discovering such breach shall
give prompt written notice to the other parties (any Custodian being so
obligated under a Custodial Agreement). Within 90 days of its discovery or its
receipt of notice of such breach, the Master Servicer shall either (i) cure such
breach in all material respects or (ii) to the extent that such breach is with
respect to a Mortgage Loan or a related document, purchase such Mortgage Loan
from the Trust Fund at the Purchase Price and in the manner set forth in Section
2.02; provided that if the omission or defect would cause the Mortgage Loan to
be other than a "qualified mortgage" as defined in Section 860G(a)(3) of the
Code, any such cure or repurchase must occur within 90 days from the date such
breach was discovered. The obligation of the Master Servicer to cure such breach
or to so purchase such Mortgage Loan shall constitute the sole remedy in respect
of a breach of a representation and warranty set forth in this Section 2.03(a)
available to the Certificateholders or the Trustee on behalf of the
Certificateholders.
38
(b) Representations and warranties relating to the Mortgage Loans are
set forth in Section 2.03(b) of the Series Supplement.
Section 2.04 Representations and Warranties of Sellers.
The Company, as assignee of Residential Funding under the Assignment
Agreement, hereby assigns to the Trustee for the benefit of Certificateholders
all of its right, title and interest in respect of the Assignment Agreement and
each Seller's Agreement applicable to a Mortgage Loan. Insofar as the Assignment
Agreement or the Company's rights under such Seller's Agreement relate to the
representations and warranties made by Residential Funding or the related Seller
in respect of such Mortgage Loan and any remedies provided thereunder for any
breach of such representations and warranties, such right, title and interest
may be enforced by the Master Servicer on behalf of the Trustee and the
Certificateholders. Upon the discovery by the Company, the Master Servicer, the
Trustee or any Custodian of a breach of any of the representations and
warranties made in a Seller's Agreement that have been assigned to the Trustee
pursuant to this Section 2.04 or of a breach of any of the representations and
warranties made in the Assignment Agreement (which, for purposes hereof, will be
deemed to include any other cause giving rise to a repurchase obligation under
the Assignment Agreement) in respect of any Mortgage Loan which materially and
adversely affects the interests of the Certificateholders in such Mortgage Loan,
the party discovering such breach shall give prompt written notice to the other
parties (any Custodian being so obligated under a Custodial Agreement). The
Master Servicer shall promptly notify the related Seller or Residential Funding,
as the case may be, of such breach and request that such Seller or Residential
Funding, as the case may be, either (i) cure such breach in all material
respects within 90 days from the date the Master Servicer was notified of such
breach or (ii) purchase such Mortgage Loan from the Trust Fund at the Purchase
Price and in the manner set forth in Section 2.02; provided that in the case of
a breach under the Assignment Agreement Residential Funding shall have the
option to substitute a Qualified Substitute Mortgage Loan or Loans for such
Mortgage Loan if such substitution occurs within two years following the Closing
Date; provided that if the breach would cause the Mortgage Loan to be other than
a "qualified mortgage" as defined in Section 860G(a)(3) of the Code, any such
cure, repurchase or substitution must occur within 90 days from the date the
breach was discovered. In the event that Residential Funding elects to
substitute a Qualified Substitute Mortgage Loan or Loans for a Deleted Mortgage
Loan pursuant to this Section 2.04, Residential Funding shall deliver to the
Trustee for the benefit of the Certificateholders with respect to such Qualified
Substitute Mortgage Loan or Loans, the original Mortgage Note, the Mortgage, an
Assignment of the Mortgage in recordable form if required pursuant to Section
2.01, and such other documents and agreements as are required by Section 2.01,
with the Mortgage Note endorsed as required by Section 2.01. No substitution
will be made in any calendar month after the Determination Date for such month.
Monthly Payments due with respect to Qualified Substitute Mortgage Loans in the
month of substitution shall not be part of the Trust Fund and will be retained
by the Master Servicer and remitted by the Master Servicer to Residential
Funding on the next succeeding Distribution Date. For the month of substitution,
distributions to the Certificateholders will include the Monthly Payment due on
a Deleted Mortgage Loan for such month and thereafter Residential Funding shall
be entitled to retain all amounts received in respect of such Deleted Mortgage
Loan. The Master Servicer shall amend or cause to be amended the Mortgage Loan
Schedule, and, if the Deleted Mortgage Loan was a Discount Mortgage Loan, the
Schedule of Discount Fractions, for the benefit of the Certificateholders to
reflect the removal of such Deleted Mortgage Loan and the substitution
39
of the Qualified Substitute Mortgage Loan or Loans and the Master Servicer shall
deliver the amended Mortgage Loan Schedule, and, if the Deleted Mortgage Loan
was a Discount Mortgage Loan, the amended Schedule of Discount Fractions, to the
Trustee. Upon such substitution, the Qualified Substitute Mortgage Loan or Loans
shall be subject to the terms of this Agreement and the related Subservicing
Agreement in all respects, the related Seller shall be deemed to have made the
representations and warranties with respect to the Qualified Substitute Mortgage
Loan contained in the related Seller's Agreement as of the date of substitution,
insofar as Residential Funding's rights in respect of such representations and
warranties are assigned to the Company pursuant to the Assignment Agreement, and
the Company and the Master Servicer shall be deemed to have made with respect to
any Qualified Substitute Mortgage Loan or Loans, as of the date of substitution,
the covenants, representations and warranties set forth in this Section 2.04, in
Section 2.03 hereof and in Section 4 of the Assignment Agreement, and the Master
Servicer shall be obligated to repurchase or substitute for any Qualified
Substitute Mortgage Loan as to which a Repurchase Event (as defined in the
Assignment Agreement) has occurred pursuant to Section 4 of the Assignment
Agreement.
In connection with the substitution of one or more Qualified Substitute
Mortgage Loans for one or more Deleted Mortgage Loans, the Master Servicer will
determine the amount (if any) by which the aggregate principal balance of all
such Qualified Substitute Mortgage Loans as of the date of substitution is less
than the aggregate Stated Principal Balance of all such Deleted Mortgage Loans
(in each case after application of the principal portion of the Monthly Payments
due in the month of substitution that are to be distributed to the
Certificateholders in the month of substitution). Residential Funding shall
deposit the amount of such shortfall into the Custodial Account on the day of
substitution, without any reimbursement therefor. Residential Funding shall give
notice in writing to the Trustee of such event, which notice shall be
accompanied by an Officers' Certificate as to the calculation of such shortfall
and (subject to Section 10.01(f)) by an Opinion of Counsel to the effect that
such substitution will not cause (a) any federal tax to be imposed on the Trust
Fund, including without limitation, any federal tax imposed on "prohibited
transactions" under Section 860F(a)(1) of the Code or on "contributions after
the startup date" under Section 860G(d)(1) of the Code or (b) any portion of any
REMIC to fail to qualify as such at any time that any Certificate is
outstanding.
It is understood and agreed that the obligation of the Seller or
Residential Funding, as the case may be, to cure such breach or purchase (or in
the case of Residential Funding to substitute for) such Mortgage Loan as to
which such a breach has occurred and is continuing shall constitute the sole
remedy respecting such breach available to the Certificateholders or the Trustee
on behalf of Certificateholders. If the Master Servicer is Residential Funding,
then the Trustee shall also have the right to give the notification and require
the purchase or substitution provided for in the second preceding paragraph in
the event of such a breach of a representation or warranty made by Residential
Funding in the Assignment Agreement. In connection with the purchase of or
substitution for any such Mortgage Loan by Residential Funding, the Trustee
shall assign to Residential Funding all of the Trustee's right, title and
interest in respect of the Seller's Agreement and the Assignment Agreement
applicable to such Mortgage Loan.
Section 2.05 Execution and Authentication of Certificates/Issuance of
Certificates Evidencing Interests in REMIC I.
As provided in Section 2.05 of the Series Supplement.
40
Section 2.06 Conveyance of Uncertificated REMIC I and REMIC II Regular
Interests; Acceptance by the Trustee.
As provided in Section 2.06 of the Series Supplement.
Section 2.07 Issuance of Certificates Evidencing Interests in REMIC II.
As provided in Section 2.07 of the Series Supplement.
Section 2.08 Purposes and Powers of the Trust.
The purpose of the trust, as created hereunder, is to engage in the
following activities:
(a) to sell the Certificates to the Company in exchange for the Mortgage
Loans;
(b) to enter into and perform its obligations under this Agreement;
(c) to engage in those activities that are necessary, suitable or
convenient to accomplish the foregoing or are incidental thereto or connected
therewith; and
(d) subject to compliance with this Agreement, to engage in such other
activities as may be required in connection with conservation of the Trust Fund
and the making of distributions to the Certificateholders.
The trust is hereby authorized to engage in the foregoing activities.
Notwithstanding the provisions of Section 11.01, the trust shall not engage in
any activity other than in connection with the foregoing or other than as
required or authorized by the terms of this Agreement while any Certificate is
outstanding, and this Section 2.08 may not be amended, without the consent of
the Certificateholders evidencing a majority of the aggregate Voting Rights of
the Certificates.
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
Section 3.01 Master Servicer to Act as Servicer.
(a) The Master Servicer shall service and administer the Mortgage Loans
in accordance with the terms of this Agreement and the respective Mortgage Loans
and shall have full power and authority, acting alone or through Subservicers as
provided in Section 3.02, to do any and all things which it may deem necessary
or desirable in connection with such servicing and administration. Without
limiting the generality of the foregoing, the Master Servicer in its own name or
in the name of a Subservicer is hereby authorized and empowered by the Trustee
when the Master Servicer or the Subservicer, as the case may be, believes it
appropriate in its best judgment, to execute and
41
deliver, on behalf of the Certificateholders and the Trustee or any of them, any
and all instruments of satisfaction or cancellation, or of partial or full
release or discharge, or of consent to assumption or modification in connection
with a proposed conveyance, or of assignment of any Mortgage and Mortgage Note
in connection with the repurchase of a Mortgage Loan and all other comparable
instruments, or with respect to the modification or re-recording of a Mortgage
for the purpose of correcting the Mortgage, the subordination of the lien of the
Mortgage in favor of a public utility company or government agency or unit with
powers of eminent domain, the taking of a deed in lieu of foreclosure, the
commencement, prosecution or completion of judicial or non-judicial foreclosure,
the conveyance of a Mortgaged Property to the related Insurer, the acquisition
of any property acquired by foreclosure or deed in lieu of foreclosure, or the
management, marketing and conveyance of any property acquired by foreclosure or
deed in lieu of foreclosure with respect to the Mortgage Loans and with respect
to the Mortgaged Properties. The Master Servicer further is authorized and
empowered by the Trustee, on behalf of the Certificateholders and the Trustee,
in its own name or in the name of the Subservicer, when the Master Servicer or
the Subservicer, as the case may be, believes it is appropriate in its best
judgment to register any Mortgage Loan on the MERS(R) System, or cause the
removal from the registration of any Mortgage Loan on the MERS(R) System, to
execute and deliver, on behalf of the Trustee and the Certificateholders or any
of them, any and all instruments of assignment and other comparable instruments
with respect to such assignment or re- recording of a Mortgage in the name of
MERS, solely as nominee for the Trustee and its successors and assigns. Any
expenses incurred in connection with the actions described in the preceding
sentence shall be borne by the Master Servicer in accordance with Section
3.16(c), with no right of reimbursement; provided, that if, as a result of MERS
discontinuing or becoming unable to continue operations in connection with the
MERS System, it becomes necessary to remove any Mortgage Loan from registration
on the MERS System and to arrange for the assignment of the related Mortgages to
the Trustee, then any related expenses shall be reimbursable to the Master
Servicer. Notwithstanding the foregoing, subject to Section 3.07(a), the Master
Servicer shall not permit any modification with respect to any Mortgage Loan
that would both constitute a sale or exchange of such Mortgage Loan within the
meaning of Section 1001 of the Code and any proposed, temporary or final
regulations promulgated thereunder (other than in connection with a proposed
conveyance or assumption of such Mortgage Loan that is treated as a Principal
Prepayment in Full pursuant to Section 3.13(d) hereof) and cause any REMIC
formed under the Series Supplement to fail to qualify as a REMIC under the Code.
The Trustee shall furnish the Master Servicer with any powers of attorney and
other documents necessary or appropriate to enable the Master Servicer to
service and administer the Mortgage Loans. The Trustee shall not be liable for
any action taken by the Master Servicer or any Subservicer pursuant to such
powers of attorney. In servicing and administering any Nonsubserviced Mortgage
Loan, the Master Servicer shall, to the extent not inconsistent with this
Agreement, comply with the Program Guide as if it were the originator of such
Mortgage Loan and had retained the servicing rights and obligations in respect
thereof. In connection with servicing and administering the Mortgage Loans, the
Master Servicer and any Affiliate of the Master Servicer (i) may perform
services such as appraisals and brokerage services that are not customarily
provided by servicers of mortgage loans, and shall be entitled to reasonable
compensation therefor in accordance with Section 3.10 and (ii) may, at its own
discretion and on behalf of the Trustee, obtain credit information in the form
of a "credit score" from a credit repository.
(b) All costs incurred by the Master Servicer or by Subservicers in
effecting the timely payment of taxes and assessments on the properties subject
to the Mortgage Loans shall not, for the
42
purpose of calculating monthly distributions to the Certificateholders, be added
to the amount owing under the related Mortgage Loans, notwithstanding that the
terms of such Mortgage Loan so permit, and such costs shall be recoverable to
the extent permitted by Section 3.10(a)(ii).
(c) The Master Servicer may enter into one or more agreements in
connection with the offering of pass-through certificates evidencing interests
in one or more of the Certificates providing for the payment by the Master
Servicer of amounts received by the Master Servicer as servicing compensation
hereunder and required to cover certain Prepayment Interest Shortfalls on the
Mortgage Loans, which payment obligation will thereafter be an obligation of the
Master Servicer hereunder.
Section 3.02 Subservicing Agreements Between Master Servicer and
Subservicers; Enforcement of Subservicers' and Sellers' Obligations.
(a) The Master Servicer may continue in effect Subservicing Agreements
entered into by Residential Funding and Subservicers prior to the execution and
delivery of this Agreement, and may enter into new Subservicing Agreements with
Subservicers, for the servicing and administration of all or some of the
Mortgage Loans. Each Subservicer of a Mortgage Loan shall be entitled to receive
and retain, as provided in the related Subservicing Agreement and in Section
3.07, the related Subservicing Fee from payments of interest received on such
Mortgage Loan after payment of all amounts required to be remitted to the Master
Servicer in respect of such Mortgage Loan. For any Mortgage Loan that is a
Nonsubserviced Mortgage Loan, the Master Servicer shall be entitled to receive
and retain an amount equal to the Subservicing Fee from payments of interest.
Unless the context otherwise requires, references in this Agreement to actions
taken or to be taken by the Master Servicer in servicing the Mortgage Loans
include actions taken or to be taken by a Subservicer on behalf of the Master
Servicer. Each Subservicing Agreement will be upon such terms and conditions as
are generally required or permitted by the Program Guide and are not
inconsistent with this Agreement and as the Master Servicer and the Subservicer
have agreed. A representative form of Subservicing Agreement is attached to this
Agreement as Exhibit E. With the approval of the Master Servicer, a Subservicer
may delegate its servicing obligations to third-party servicers, but such
Subservicer will remain obligated under the related Subservicing Agreement. The
Master Servicer and a Subservicer may enter into amendments thereto or a
different form of Subservicing Agreement, and the form referred to or included
in the Program Guide is merely provided for information and shall not be deemed
to limit in any respect the discretion of the Master Servicer to modify or enter
into different Subservicing Agreements; provided, however, that any such
amendments or different forms shall be consistent with and not violate the
provisions of either this Agreement or the Program Guide in a manner which would
materially and adversely affect the interests of the Certificateholders.
(b) As part of its servicing activities hereunder, the Master Servicer,
for the benefit of the Trustee and the Certificateholders, shall use its best
reasonable efforts to enforce the obligations of each Subservicer under the
related Subservicing Agreement and of each Seller under the related Seller's
Agreement insofar as the Company's rights with respect to such obligation has
been assigned to the Trustee hereunder, to the extent that the non-performance
of any such Seller's obligation would have a material and adverse effect on a
Mortgage Loan, including, without limitation, the obligation to purchase a
Mortgage Loan on account of defective documentation, as
43
described in Section 2.02, or on account of a breach of a representation or
warranty, as described in Section 2.04. Such enforcement, including, without
limitation, the legal prosecution of claims, termination of Subservicing
Agreements or Seller's Agreements, as appropriate, and the pursuit of other
appropriate remedies, shall be in such form and carried out to such an extent
and at such time as the Master Servicer would employ in its good faith business
judgment and which are normal and usual in its general mortgage servicing
activities. The Master Servicer shall pay the costs of such enforcement at its
own expense, and shall be reimbursed therefor only (i) from a general recovery
resulting from such enforcement to the extent, if any, that such recovery
exceeds all amounts due in respect of the related Mortgage Loan or (ii) from a
specific recovery of costs, expenses or attorneys fees against the party against
whom such enforcement is directed. For purposes of clarification only, the
parties agree that the foregoing is not intended to, and does not, limit the
ability of the Master Servicer to be reimbursed for expenses that are incurred
in connection with the enforcement of a Seller's obligations (insofar as the
Company's rights with respect to such Seller's obligations have been assigned to
the Trustee hereunder) and are reimbursable pursuant to Section 3.10(a)(viii).
Section 3.03 Successor Subservicers.
----------------------
The Master Servicer shall be entitled to terminate any Subservicing
Agreement that may exist in accordance with the terms and conditions of such
Subservicing Agreement and without any limitation by virtue of this Agreement;
provided, however, that in the event of termination of any Subservicing
Agreement by the Master Servicer or the Subservicer, the Master Servicer shall
either act as servicer of the related Mortgage Loan or enter into a Subservicing
Agreement with a successor Subservicer which will be bound by the terms of the
related Subservicing Agreement. If the Master Servicer or any Affiliate of
Residential Funding acts as servicer, it will not assume liability for the
representations and warranties of the Subservicer which it replaces. If the
Master Servicer enters into a Subservicing Agreement with a successor
Subservicer, the Master Servicer shall use reasonable efforts to have the
successor Subservicer assume liability for the representations and warranties
made by the terminated Subservicer in respect of the related Mortgage Loans and,
in the event of any such assumption by the successor Subservicer, the Master
Servicer may, in the exercise of its business judgment, release the terminated
Subservicer from liability for such representations and warranties.
Section 3.04 Liability of the Master Servicer.
Notwithstanding any Subservicing Agreement, any of the provisions of
this Agreement relating to agreements or arrangements between the Master
Servicer or a Subservicer or reference to actions taken through a Subservicer or
otherwise, the Master Servicer shall remain obligated and liable to the Trustee
and the Certificateholders for the servicing and administering of the Mortgage
Loans in accordance with the provisions of Section 3.01 without diminution of
such obligation or liability by virtue of such Subservicing Agreements or
arrangements or by virtue of indemnification from the Subservicer or the Company
and to the same extent and under the same terms and conditions as if the Master
Servicer alone were servicing and administering the Mortgage Loans. The Master
Servicer shall be entitled to enter into any agreement with a Subservicer or
Seller for indemnification of the Master Servicer and nothing contained in this
Agreement shall be deemed to limit or modify such indemnification.
44
Section 3.05 No Contractual Relationship Between Subservicer and Trustee or
Certificateholders.
Any Subservicing Agreement that may be entered into and any other
transactions or services relating to the Mortgage Loans involving a Subservicer
in its capacity as such and not as an originator shall be deemed to be between
the Subservicer and the Master Servicer alone and the Trustee and the
Certificateholders shall not be deemed parties thereto and shall have no claims,
rights, obligations, duties or liabilities with respect to the Subservicer in
its capacity as such except as set forth in Section 3.06. The foregoing
provision shall not in any way limit a Subservicer's obligation to cure an
omission or defect or to repurchase a Mortgage Loan as referred to in Section
2.02 hereof.
Section 3.06 Assumption or Termination of Subservicing Agreements by
Trustee.
(a) If the Master Servicer shall for any reason no longer be the master
servicer (including by reason of an Event of Default), the Trustee, its designee
or its successor shall thereupon assume all of the rights and obligations of the
Master Servicer under each Subservicing Agreement that may have been entered
into. The Trustee, its designee or the successor servicer for the Trustee shall
be deemed to have assumed all of the Master Servicer's interest therein and to
have replaced the Master Servicer as a party to the Subservicing Agreement to
the same extent as if the Subservicing Agreement had been assigned to the
assuming party except that the Master Servicer shall not thereby be relieved of
any liability or obligations under the Subservicing Agreement.
(b) The Master Servicer shall, upon request of the Trustee but at the
expense of the Master Servicer, deliver to the assuming party all documents and
records relating to each Subservicing Agreement and the Mortgage Loans then
being serviced and an accounting of amounts collected and held by it and
otherwise use its best efforts to effect the orderly and efficient transfer of
each Subservicing Agreement to the assuming party.
Section 3.07 Collection of Certain Mortgage Loan Payments; Deposits to
Custodial Account.
(a) The Master Servicer shall make reasonable efforts to collect all
payments called for under the terms and provisions of the Mortgage Loans, and
shall, to the extent such procedures shall be consistent with this Agreement and
the terms and provisions of any related Primary Insurance Policy, follow such
collection procedures as it would employ in its good faith business judgment and
which are normal and usual in its general mortgage servicing activities.
Consistent with the foregoing, the Master Servicer may in its discretion (i)
waive any late payment charge or any prepayment charge or penalty interest in
connection with the prepayment of a Mortgage Loan and (ii) extend the Due Date
for payments due on a Mortgage Loan in accordance with the Program Guide;
provided, however, that the Master Servicer shall first determine that any such
waiver or extension will not impair the coverage of any related Primary
Insurance Policy or materially adversely affect the lien of the related
Mortgage. In the event of any such arrangement, the Master Servicer shall make
timely advances on the related Mortgage Loan during the scheduled period in
accordance with the amortization schedule of such Mortgage Loan without
modification thereof by reason of such arrangements unless otherwise agreed to
by the Holders of the Classes of Certificates
45
affected thereby; provided, however, that no such extension shall be made if any
such advance would be a Nonrecoverable Advance. Consistent with the terms of
this Agreement, the Master Servicer may also waive, modify or vary any term of
any Mortgage Loan or consent to the postponement of strict compliance with any
such term or in any manner grant indulgence to any Mortgagor if in the Master
Servicer's determination such waiver, modification, postponement or indulgence
is not materially adverse to the interests of the Certificateholders (taking
into account any estimated Realized Loss that might result absent such action);
provided, however, that the Master Servicer may not modify materially or permit
any Subservicer to modify any Mortgage Loan, including without limitation any
modification that would change the Mortgage Rate, forgive the payment of any
principal or interest (unless in connection with the liquidation of the related
Mortgage Loan or except in connection with prepayments to the extent that such
reamortization is not inconsistent with the terms of the Mortgage Loan), or
extend the final maturity date of such Mortgage Loan, unless such Mortgage Loan
is in default or, in the judgment of the Master Servicer, such default is
reasonably foreseeable; and provided, further, that no such modification shall
reduce the interest rate on a Mortgage Loan below the sum of the Pool Strip Rate
and the sum of the rates at which the Servicing Fee and the Subservicing Fee
with respect to such Mortgage Loan accrues. In connection with any Curtailment
of a Mortgage Loan, the Master Servicer, to the extent not inconsistent with the
terms of the Mortgage Note and local law and practice, may permit the Mortgage
Loan to be reamortized such that the Monthly Payment is recalculated as an
amount that will fully amortize the remaining Stated Principal Balance thereof
by the original Maturity Date based on the original Mortgage Rate; provided,
that such re-amortization shall not be permitted if it would constitute a
reissuance of the Mortgage Loan for federal income tax purposes, except if such
reissuance is described in Treasury Regulation Section 1.860G-2(b)(3).
(b) The Master Servicer shall establish and maintain a Custodial Account
in which the Master Servicer shall deposit or cause to be deposited on a daily
basis, except as otherwise specifically provided herein, the following payments
and collections remitted by Subservicers or received by it in respect of the
Mortgage Loans subsequent to the Cut-off Date (other than in respect of
principal and interest on the Mortgage Loans due on or before the Cut-off Date):
(i) All payments on account of principal, including
Principal Prepayments made by Mortgagors on the Mortgage Loans
and the principal component of any Subservicer Advance or of any
REO Proceeds received in connection with an REO Property for
which an REO Disposition has occurred;
(ii) All payments on account of interest at the Adjusted
Mortgage Rate on the Mortgage Loans, including Buydown Funds, if
any, and the interest component of any Subservicer Advance or of
any REO Proceeds received in connection with an REO Property for
which an REO Disposition has occurred;
(iii) Insurance Proceeds and Liquidation Proceeds (net of
any related expenses of the Subservicer);
(iv) All proceeds of any Mortgage Loans purchased pursuant
to Section 2.02, 2.03, 2.04 or 4.07 and all amounts required to
be deposited in connection with
46
the substitution of a Qualified Substitute Mortgage Loan pursuant
to Section 2.03 or 2.04;
(v) Any amounts required to be deposited pursuant to Section
3.07(c) or 3.21;
(vi) All amounts transferred from the Certificate Account to
the Custodial Account in accordance with Section 4.02(a);
(vii) Any amounts realized by the Subservicer and received
by the Master Servicer in respect of any Additional Collateral;
and
(viii) Any amounts received by the Master Servicer in
respect of Pledged Assets.
The foregoing requirements for deposit in the Custodial Account shall be
exclusive, it being understood and agreed that, without limiting the generality
of the foregoing, payments on the Mortgage Loans which are not part of the Trust
Fund (consisting of payments in respect of principal and interest on the
Mortgage Loans due on or before the Cut-off Date) and payments or collections in
the nature of prepayment charges or late payment charges or assumption fees may
but need not be deposited by the Master Servicer in the Custodial Account. In
the event any amount not required to be deposited in the Custodial Account is so
deposited, the Master Servicer may at any time withdraw such amount from the
Custodial Account, any provision herein to the contrary notwithstanding. The
Custodial Account may contain funds that belong to one or more trust funds
created for mortgage pass-through certificates of other series and may contain
other funds respecting payments on mortgage loans belonging to the Master
Servicer or serviced or master serviced by it on behalf of others.
Notwithstanding such commingling of funds, the Master Servicer shall keep
records that accurately reflect the funds on deposit in the Custodial Account
that have been identified by it as being attributable to the Mortgage Loans.
With respect to Insurance Proceeds, Liquidation Proceeds, REO Proceeds
and the proceeds of the purchase of any Mortgage Loan pursuant to Sections 2.02,
2.03, 2.04 and 4.07 received in any calendar month, the Master Servicer may
elect to treat such amounts as included in the Available Distribution Amount for
the Distribution Date in the month of receipt, but is not obligated to do so. If
the Master Servicer so elects, such amounts will be deemed to have been received
(and any related Realized Loss shall be deemed to have occurred) on the last day
of the month prior to the receipt thereof.
(c) The Master Servicer shall use its best efforts to cause the
institution maintaining the Custodial Account to invest the funds in the
Custodial Account attributable to the Mortgage Loans in Permitted Investments
which shall mature not later than the Certificate Account Deposit Date next
following the date of such investment (with the exception of the Amount Held for
Future Distribution) and which shall not be sold or disposed of prior to their
maturities. All income and gain realized from any such investment shall be for
the benefit of the Master Servicer as additional servicing compensation and
shall be subject to its withdrawal or order from time to time. The amount of any
losses incurred in respect of any such investments attributable to the
investment of
47
amounts in respect of the Mortgage Loans shall be deposited in the Custodial
Account by the Master Servicer out of its own funds immediately as realized
without any right of reimbursement.
(d) The Master Servicer shall give notice to the Trustee and the Company
of any change in the location of the Custodial Account and the location of the
Certificate Account prior to the use thereof.
Section 3.08 Subservicing Accounts; Servicing Accounts.
(a) In those cases where a Subservicer is servicing a Mortgage Loan
pursuant to a Subservicing Agreement, the Master Servicer shall cause the
Subservicer, pursuant to the Subservicing Agreement, to establish and maintain
one or more Subservicing Accounts which shall be an Eligible Account or, if such
account is not an Eligible Account, shall generally satisfy the requirements of
the Program Guide and be otherwise acceptable to the Master Servicer and each
Rating Agency. The Subservicer will be required thereby to deposit into the
Subservicing Account on a daily basis all proceeds of Mortgage Loans received by
the Subservicer, less its Subservicing Fees and unreimbursed advances and
expenses, to the extent permitted by the Subservicing Agreement. If the
Subservicing Account is not an Eligible Account, the Master Servicer shall be
deemed to have received such monies upon receipt thereof by the Subservicer. The
Subservicer shall not be required to deposit in the Subservicing Account
payments or collections in the nature of prepayment charges or late charges or
assumption fees. On or before the date specified in the Program Guide, but in no
event later than the Determination Date, the Master Servicer shall cause the
Subservicer, pursuant to the Subservicing Agreement, to remit to the Master
Servicer for deposit in the Custodial Account all funds held in the Subservicing
Account with respect to each Mortgage Loan serviced by such Subservicer that are
required to be remitted to the Master Servicer. The Subservicer will also be
required, pursuant to the Subservicing Agreement, to advance on such scheduled
date of remittance amounts equal to any scheduled monthly installments of
principal and interest less its Subservicing Fees on any Mortgage Loans for
which payment was not received by the Subservicer. This obligation to advance
with respect to each Mortgage Loan will continue up to and including the first
of the month following the date on which the related Mortgaged Property is sold
at a foreclosure sale or is acquired by the Trust Fund by deed in lieu of
foreclosure or otherwise. All such advances received by the Master Servicer
shall be deposited promptly by it in the Custodial Account.
(b) The Subservicer may also be required, pursuant to the Subservicing
Agreement, to remit to the Master Servicer for deposit in the Custodial Account
interest at the Adjusted Mortgage Rate (or Modified Net Mortgage Rate plus the
rate per annum at which the Servicing Fee accrues in the case of a Modified
Mortgage Loan) on any Curtailment received by such Subservicer in respect of a
Mortgage Loan from the related Mortgagor during any month that is to be applied
by the Subservicer to reduce the unpaid principal balance of the related
Mortgage Loan as of the first day of such month, from the date of application of
such Curtailment to the first day of the following month. Any amounts paid by a
Subservicer pursuant to the preceding sentence shall be for the benefit of the
Master Servicer as additional servicing compensation and shall be subject to its
withdrawal or order from time to time pursuant to Sections 3.10(a)(iv) and (v).
48
(c) In addition to the Custodial Account and the Certificate Account,
the Master Servicer shall for any Nonsubserviced Mortgage Loan, and shall cause
the Subservicers for Subserviced Mortgage Loans to, establish and maintain one
or more Servicing Accounts and deposit and retain therein all collections from
the Mortgagors (or advances from Subservicers) for the payment of taxes,
assessments, hazard insurance premiums, Primary Insurance Policy premiums, if
applicable, or comparable items for the account of the Mortgagors. Each
Servicing Account shall satisfy the requirements for a Subservicing Account and,
to the extent permitted by the Program Guide or as is otherwise acceptable to
the Master Servicer, may also function as a Subservicing Account. Withdrawals of
amounts related to the Mortgage Loans from the Servicing Accounts may be made
only to effect timely payment of taxes, assessments, hazard insurance premiums,
Primary Insurance Policy premiums, if applicable, or comparable items, to
reimburse the Master Servicer or Subservicer out of related collections for any
payments made pursuant to Sections 3.11 (with respect to the Primary Insurance
Policy) and 3.12(a) (with respect to hazard insurance), to refund to any
Mortgagors any sums as may be determined to be overages, to pay interest, if
required, to Mortgagors on balances in the Servicing Account or to clear and
terminate the Servicing Account at the termination of this Agreement in
accordance with Section 9.01 or in accordance with the Program Guide. As part of
its servicing duties, the Master Servicer shall, and the Subservicers will,
pursuant to the Subservicing Agreements, be required to pay to the Mortgagors
interest on funds in this account to the extent required by law.
(d) The Master Servicer shall advance the payments referred to in the
preceding subsection that are not timely paid by the Mortgagors or advanced by
the Subservicers on the date when the tax, premium or other cost for which such
payment is intended is due, but the Master Servicer shall be required so to
advance only to the extent that such advances, in the good faith judgment of the
Master Servicer, will be recoverable by the Master Servicer out of Insurance
Proceeds, Liquidation Proceeds or otherwise.
Section 3.09 Access to Certain Documentation and Information Regarding the
Mortgage Loans.
If compliance with this Section 3.09 shall make any Class of
Certificates legal for investment by federally insured savings and loan
associations, the Master Servicer shall provide, or cause the Subservicers to
provide, to the Trustee, the Office of Thrift Supervision or the FDIC and the
supervisory agents and examiners thereof access to the documentation regarding
the Mortgage Loans required by applicable regulations of the Office of Thrift
Supervision, such access being afforded without charge but only upon reasonable
request and during normal business hours at the offices designated by the Master
Servicer. The Master Servicer shall permit such representatives to photocopy any
such documentation and shall provide equipment for that purpose at a charge
reasonably approximating the cost of such photocopying to the Master Servicer.
Section 3.10 Permitted Withdrawals from the Custodial Account.
(a) The Master Servicer may, from time to time as provided herein, make
withdrawals from the Custodial Account of amounts on deposit therein pursuant to
Section 3.07 that are attributable to the Mortgage Loans for the following
purposes:
49
(i) to make deposits into the Certificate Account in the
amounts and in the manner provided for in Section 4.01;
(ii) to reimburse itself or the related Subservicer for
previously unreimbursed advances or expenses made pursuant to
Sections 3.01, 3.07(a), 3.08, 3.11, 3.12(a), 3.14 and 4.04 or
otherwise reimbursable pursuant to the terms of this Agreement,
such withdrawal right being limited to amounts received on
particular Mortgage Loans (including, for this purpose, REO
Proceeds, Insurance Proceeds, Liquidation Proceeds and proceeds
from the purchase of a Mortgage Loan pursuant to Section 2.02,
2.03, 2.04 or 4.07) which represent (A) Late Collections of
Monthly Payments for which any such advance was made in the case
of Subservicer Advances or Advances pursuant to Section 4.04 and
(B) recoveries of amounts in respect of which such advances were
made in the case of Servicing Advances;
(iii) to pay to itself or the related Subservicer (if not
previously retained by such Subservicer) out of each payment
received by the Master Servicer on account of interest on a
Mortgage Loan as contemplated by Sections 3.14 and 3.16, an
amount equal to that remaining portion of any such payment as to
interest (but not in excess of the Servicing Fee and the
Subservicing Fee, if not previously retained) which, when
deducted, will result in the remaining amount of such interest
being interest at the Net Mortgage Rate (or Modified Net Mortgage
Rate in the case of a Modified Mortgage Loan) on the amount
specified in the amortization schedule of the related Mortgage
Loan as the principal balance thereof at the beginning of the
period respecting which such interest was paid after giving
effect to any previous Curtailments;
(iv) to pay to itself as additional servicing compensation
any interest or investment income earned on funds and other
property deposited in or credited to the Custodial Account that
it is entitled to withdraw pursuant to Section 3.07(c);
(v) to pay to itself as additional servicing compensation
any Foreclosure Profits, any amounts remitted by Subservicers as
interest in respect of Curtailments pursuant to Section 3.08(b),
and any amounts paid by a Mortgagor in connection with a
Principal Prepayment in Full in respect of interest for any
period during the calendar month in which such Principal
Prepayment in Full is to be distributed to the
Certificateholders;
(vi) to pay to itself, a Subservicer, a Seller,
Residential Funding, the Company or any other appropriate Person,
as the case may be, with respect to each Mortgage Loan or
property acquired in respect thereof that has been purchased or
otherwise transferred pursuant to Section 2.02, 2.03, 2.04, 4.07
or 9.01, all amounts received thereon and not required to be
distributed to the Certificateholders as of the date on which the
related Stated Principal Balance or Purchase Price is determined;
(vii) to reimburse itself or the related Subservicer for any
Nonrecoverable Advance or Advances in the manner and to the
extent provided in subsection (c)
50
below, any Advance made in connection with a modification of a
Mortgage Loan that is in default or, in the judgment of the
Master Servicer, default is reasonably foreseeable pursuant to
Section 3.07(a), to the extent the amount of the Advance has been
added to the outstanding principal balance of the Mortgage Loan,
or any Advance reimbursable to the Master Servicer pursuant to
Section 4.02(a);
(viii) to reimburse itself or the Company for expenses
incurred by and reimbursable to it or the Company pursuant to
Sections 3.01(a), 3.11, 3.13, 3.14(c), 6.03, 10.01 or otherwise,
or in connection with enforcing, in accordance with this
Agreement, any repurchase, substitution or indemnification
obligation of any Seller (other than an Affiliate of the Company)
pursuant to the related Seller's Agreement;
(ix) to reimburse itself for Servicing Advances expended
by it (a) pursuant to Section 3.14 in good faith in connection
with the restoration of property damaged by an Uninsured Cause,
and (b) in connection with the liquidation of a Mortgage Loan or
disposition of an REO Property to the extent not otherwise
reimbursed pursuant to clause (ii) or (viii) above; and
(x) to withdraw any amount deposited in the Custodial
Account that was not required to be deposited therein pursuant to
Section 3.07.
(b) Since, in connection with withdrawals pursuant to clauses (ii),
(iii), (v) and (vi), the Master Servicer's entitlement thereto is limited to
collections or other recoveries on the related Mortgage Loan, the Master
Servicer shall keep and maintain separate accounting, on a Mortgage Loan by
Mortgage Loan basis, for the purpose of justifying any withdrawal from the
Custodial Account pursuant to such clauses.
(c) The Master Servicer shall be entitled to reimburse itself or the
related Subservicer for any advance made in respect of a Mortgage Loan that the
Master Servicer determines to be a Nonrecoverable Advance by withdrawal from the
Custodial Account of amounts on deposit therein attributable to the Mortgage
Loans on any Certificate Account Deposit Date succeeding the date of such
determination. Such right of reimbursement in respect of a Nonrecoverable
Advance on any such Certificate Account Deposit Date shall be limited to an
amount not exceeding the portion of such advance previously paid to
Certificateholders (and not theretofore reimbursed to the Master Servicer or the
related Subservicer).
Section 3.11 Maintenance of the Primary Insurance Policies; Collections
Thereunder.
(a) The Master Servicer shall not take, or permit any Subservicer to
take, any action which would result in non-coverage under any applicable Primary
Insurance Policy of any loss which, but for the actions of the Master Servicer
or Subservicer, would have been covered thereunder. To the extent coverage is
available, the Master Servicer shall keep or cause to be kept in full force and
effect each such Primary Insurance Policy until the principal balance of the
related Mortgage Loan secured by a Mortgaged Property is reduced to 80% or less
of the Appraised Value in the case of such a Mortgage Loan having a
Loan-to-Value Ratio at origination in excess of 80%, provided that such Primary
Insurance Policy was in place as of the Cut-off Date and the Company
51
had knowledge of such Primary Insurance Policy. The Master Servicer shall be
entitled to cancel or permit the discontinuation of any Primary Insurance Policy
as to any Mortgage Loan, if the Stated Principal Balance of the Mortgage Loan is
reduced below an amount equal to 80% of the appraised value of the related
Mortgaged Property as determined in any appraisal thereof after the Closing
Date, or if the Loan-to-Value Ratio is reduced below 80% as a result of
principal payments on the Mortgage Loan after the Closing Date. In the event
that the Company gains knowledge that as of the Closing Date, a Mortgage Loan
had a Loan-to-Value Ratio at origination in excess of 80% and is not the subject
of a Primary Insurance Policy (and was not included in any exception to the
representation in Section 2.03(b)(iv)) and that such Mortgage Loan has a current
Loan-to-Value Ratio in excess of 80% then the Master Servicer shall use its
reasonable efforts to obtain and maintain a Primary Insurance Policy to the
extent that such a policy is obtainable at a reasonable price. The Master
Servicer shall not cancel or refuse to renew any such Primary Insurance Policy
applicable to a Nonsubserviced Mortgage Loan, or consent to any Subservicer
canceling or refusing to renew any such Primary Insurance Policy applicable to a
Mortgage Loan subserviced by it, that is in effect at the date of the initial
issuance of the Certificates and is required to be kept in force hereunder
unless the replacement Primary Insurance Policy for such canceled or non-renewed
policy is maintained with an insurer whose claims-paying ability is acceptable
to each Rating Agency for mortgage pass-through certificates having a rating
equal to or better than the lower of the then-current rating or the rating
assigned to the Certificates as of the Closing Date by such Rating Agency.
(b) In connection with its activities as administrator and servicer of
the Mortgage Loans, the Master Servicer agrees to present or to cause the
related Subservicer to present, on behalf of the Master Servicer, the
Subservicer, if any, the Trustee and Certificateholders, claims to the related
Insurer under any Primary Insurance Policies, in a timely manner in accordance
with such policies, and, in this regard, to take or cause to be taken such
reasonable action as shall be necessary to permit recovery under any Primary
Insurance Policies respecting defaulted Mortgage Loans. Pursuant to Section
3.07, any Insurance Proceeds collected by or remitted to the Master Servicer
under any Primary Insurance Policies shall be deposited in the Custodial
Account, subject to withdrawal pursuant to Section 3.10.
Section 3.12 Maintenance of Fire Insurance and Omissions and Fidelity
Coverage.
(a) The Master Servicer shall cause to be maintained for each Mortgage
Loan (other than a Cooperative Loan) fire insurance with extended coverage in an
amount which is equal to the lesser of the principal balance owing on such
Mortgage Loan or 100 percent of the insurable value of the improvements;
provided, however, that such coverage may not be less than the minimum amount
required to fully compensate for any loss or damage on a replacement cost basis.
To the extent it may do so without breaching the related Subservicing Agreement,
the Master Servicer shall replace any Subservicer that does not cause such
insurance, to the extent it is available, to be maintained. The Master Servicer
shall also cause to be maintained on property acquired upon foreclosure, or deed
in lieu of foreclosure, of any Mortgage Loan (other than a Cooperative Loan),
fire insurance with extended coverage in an amount which is at least equal to
the amount necessary to avoid the application of any co-insurance clause
contained in the related hazard insurance policy. Pursuant to Section 3.07, any
amounts collected by the Master Servicer under any such policies (other than
amounts to be applied to the restoration or repair of the related Mortgaged
Property or property thus
52
acquired or amounts released to the Mortgagor in accordance with the Master
Servicer's normal servicing procedures) shall be deposited in the Custodial
Account, subject to withdrawal pursuant to Section 3.10. Any cost incurred by
the Master Servicer in maintaining any such insurance shall not, for the purpose
of calculating monthly distributions to the Certificateholders, be added to the
amount owing under the Mortgage Loan, notwithstanding that the terms of the
Mortgage Loan so permit. Such costs shall be recoverable by the Master Servicer
out of related late payments by the Mortgagor or out of Insurance Proceeds and
Liquidation Proceeds to the extent permitted by Section 3.10. It is understood
and agreed that no earthquake or other additional insurance is to be required of
any Mortgagor or maintained on property acquired in respect of a Mortgage Loan
other than pursuant to such applicable laws and regulations as shall at any time
be in force and as shall require such additional insurance. Whenever the
improvements securing a Mortgage Loan (other than a Cooperative Loan) are
located at the time of origination of such Mortgage Loan in a federally
designated special flood hazard area, the Master Servicer shall cause flood
insurance (to the extent available) to be maintained in respect thereof. Such
flood insurance shall be in an amount equal to the lesser of (i) the amount
required to compensate for any loss or damage to the Mortgaged Property on a
replacement cost basis and (ii) the maximum amount of such insurance available
for the related Mortgaged Property under the national flood insurance program
(assuming that the area in which such Mortgaged Property is located is
participating in such program).
If the Master Servicer shall obtain and maintain a blanket fire
insurance policy with extended coverage insuring against hazard losses on all of
the Mortgage Loans, it shall conclusively be deemed to have satisfied its
obligations as set forth in the first sentence of this Section 3.12(a), it being
understood and agreed that such policy may contain a deductible clause, in which
case the Master Servicer shall, in the event that there shall not have been
maintained on the related Mortgaged Property a policy complying with the first
sentence of this Section 3.12(a) and there shall have been a loss which would
have been covered by such policy, deposit i