PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined herein. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple twenty-one classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Group I Loans and certain other related assets (exclusive of Trust the Mortgage Insurance Premium Taxes Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Uncertificated REMIC I Latest Possible Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- Maturity Date I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA LT Variable(1) $25,000.00 125,510,000.00 850,000,050.20 April 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352033 ---------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Securities Corp)
PRELIMINARY STATEMENT. The Company intends to sell mortgage assetmortgage-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classessixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each . None of the REMIC I Regular Interests will be certificated. CLASS DESIGNATION FOR EACH REMIC I REGULAR INTEREST AND COMPONENT I INITIAL CLASS OF THE CLASS R TYPE OF CERTIFICATE PRINCIPAL FINAL MATURITY CERTIFICATES INTEREST INTEREST RATE BALANCE DATE* ------------------ --------- ---------------- ---------------- -------------------- Class Y-1 Regular Variable(1) $ 35,926.76 December 2033 Class Y-2 Regular Variable(2) $ 95,453.75 December 2033 Class Y-3 Regular Variable(3) $ 82,253.31 December 2033 Class Y-4 Regular Variable(4) $ 86,341.61 December 2033 Class Z-1 Regular Variable(1) $ 71,817,589.87 December 2033 Class Z-2 Regular Variable(2) $190,812,043.58 December 2033 Class Z-3 Regular Variable(3) $164,448,967.77 December 2033 Class Z-4 Regular Variable(4) $172,622,695.04 December 2033 Component I of Certificates comprising the interests in the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1Class R+ Residual Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $$ 100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035December 2033
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mort Pro Inc Gmacm Mo Pa Th Ce Se 03 Ar2)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinTrust Fund created hereunder. As provided herein, the REMIC Administrator Trustee will make an election elect to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms and provisions Class R Certificates will be the sole class of "residual interests" in the REMIC for purposes of the Standard Terms are hereby incorporated by reference herein as though set forth in full hereinREMIC Provisions. If any term or provision contained herein shall conflict with or The Class A Certificates will be inconsistent with any provision contained the "regular interests" in the Standard Terms, the terms and provisions of this Series Supplement shall govern. 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 this Series SupplementREMIC. The following table irrevocably sets forth the designation, type, Pass-Through RateRates, aggregate initial Certificate Principal Balance and "latest possible maturity date" for the Certificates. 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. Designation Latest Possible Description Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance Maturity Date(1) ----------- ------ ------------ ------------------ -------- ---------- -------------- I------------------ ----------------- ---------------- Class A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.256.91% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 44,788,000 2/20/2012 Class R-II 6.00A-2 7.30% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 11,336,000 2/20/2012 Class R-III 6.00A-3 7.725% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 18,876,000 3/20/2027 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NAR N/A 0 N/A (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 the Class A Certificates. As of the Cut-off Date, the Mortgage Loans had an aggregate principal balance equal to $250,000.00 II-M-2 $5,333,700.00 Rate 2577,526,089.80. In consideration of the mutual agreements herein contained, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25the Depositor, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035the Servicer and the Trustee agree as follows:
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
PRELIMINARY STATEMENT. The Company intends has duly authorized the execution and delivery of this Agreement to sell mortgage asset-backed pass-through certificates provide for (collectivelyi) the sale to the Trust of the Mortgage Loans and certain other assets, (ii) the "Certificates")issuance to the Company of the REMIC I, to be issued hereunder in multiple classesREMIC II and REMIC III Regular Interests and the Class R-1, which Class R-2 and Class R-3 Residual Interests representing in the aggregate will evidence the entire beneficial ownership interest in REMIC I, REMIC II and REMIC III, (iii) the Mortgage Loans conveyance to the Trust of the REMIC I Regular Interests and (as defined hereiniv) the issuance to the Company of the REMIC IV Regular Interests and the Class R-4 Residual Interest representing in the aggregate the entire beneficial interest in REMIC IV. As provided hereinThe Company and the Servicer are entering into this Agreement, and the Trustee and the Delaware Trustee are each accepting the trust created hereby, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. The Certificates issued hereunder, other than the Junior Subordinate Certificates, have been offered for sale pursuant to a Prospectus, dated April 17, 2007, and a Prospectus Supplement, dated June 21, 2007, of the Company (together, the “Prospectus”). The Junior Subordinate Certificates have been offered for sale pursuant to a Private Placement Memorandum, dated June 25, 2007. The Trust created hereunder is the “Trust” described in the Prospectus and the Private Placement Memorandum and the Certificates are the “Certificates” described therein. The following tables set forth the designation, type of interest, Certificate Interest Rate, initial Class Principal Balance and Final Maturity Date for the REMIC I Regular Interests, the REMIC Administrator will make an election to treat II Regular Interests, the entire segregated pool of assets described REMIC III Regular Interests, the REMIC IV Regular Interests and the Class R Residual Interests: Class Y-1 Regular Variable (2) $ 50,914.75 June 2039 Class Y-2 Regular Variable (3) 478,931.59 June 2039 Class Z-1 Regular Variable (2) 101,778,590.57 June 2039 Class Z-2 Regular Variable (3) 957,527,844.63 June 2039 Class R-1† Residual 5.673% 100.00 June 2039 * The Distribution Date in the definition of Trust Fundspecified month, and subject to this Agreement (including which is two years following the month in which the latest maturing Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") for Loan in the related Loan Group matures. For federal income tax purposes. 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. 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 this Series Supplement. 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 REMIC I Regular and Residual Interests, the interests in “latest possible maturity date” shall be the Trust Fund created hereunderFinal Maturity Date. Designation Pass† The Class R-1 Residual Interest is entitled to receive the applicable Residual Distribution Amount and any Groups 1-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Excess Liquidation Proceeds.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (WaMu Mortgage Pass-Through Certificates, Series 2007-Hy7)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple fifteen classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust the Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, Pass-remittance rate (the "Uncertificated REMIC I Pass- Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 360th Distribution Date. None of the REMIC I Regular Interests will be certificated. Uncertificated REMIC I Initial Uncertificated Latest Possible Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 Maturity Date ------------- ------------------------ ---------------------- ---------------------- LTA Variable(1) $ 180,001,875.09 May 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 2031 LTB Variable(1) $ 20,000,000.00 May 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352031
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company intends has duly authorized the execution and delivery of this Agreement to sell mortgage asset-backed pass-through certificates provide for (collectivelyi) the conveyance to the Trust of the Mortgage Loans and certain other assets, (ii) the "Certificates"), issuance to be issued hereunder in multiple classes, which the Company of the REMIC I Regular Interests and the Class R-1 Residual Interest representing in the aggregate will evidence the entire beneficial ownership interest in REMIC I, and the Mortgage Loans Class C-PPP Certificates, (as defined hereiniii) the conveyance to the Trust of the REMIC I Regular Interests and (iv) the issuance to the Company of the REMIC II Regular Interests and the Class R-2 Residual Interest representing in the aggregate the entire beneficial interest in REMIC II. As provided hereinThe Company and the Servicer are entering into this Agreement, and the Trustee and the Delaware Trustee are each accepting the trust created hereby, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. The Certificates issued hereunder, other than the Junior Subordinate Certificates, have been offered for sale pursuant to a Prospectus, dated April 17, 2007, and a Prospectus Supplement, dated May 23, 2007, of the Company (together, the “Prospectus”). The Junior Subordinate Certificates have been offered for sale pursuant to a Private Placement Memorandum, dated May 25, 2007. The Trust created hereunder is the “Trust” described in the Prospectus and the Private Placement Memorandum and the Certificates are the “Certificates” described therein. The following tables set forth the designation, type of interest, Certificate Interest Rate, initial Class Principal Balance and Final Maturity Date for the REMIC I Regular Interests, the REMIC Administrator will make an election to treat II Regular Interests and the entire segregated pool of assets described Class R Residual Interests and the Certificates: Class C-Y-1 Regular 5.500% $ 65,789.71 May 2039 Class C-Y-2 Regular 6.000% 100,010.05 May 2039 Class C-Y-3 Regular 7.000% 30,949.52 May 2039 Class C-Z-1 Regular 5.500% 131,513,632.77 May 2039 Class C-Z-2 Regular 6.000% 200,288,992.48 May 2039 Class C-Z-3 Regular 7.000% 61,982,254.84 May 2039 Class C-X-M Regular 7.000%(2) ----- May 2039 Class C-P-M Regular (3) 242,289.00 May 2039 Class R-1† Residual 5.500% 100.00 May 2039 * The Distribution Date in the definition of Trust Fundspecified month, and subject to this Agreement which is two years following the month the latest maturing Mortgage Loan in the related Loan Group (including the Mortgage Loans)or Loan Groups, as three real estate mortgage investment conduits (each, a "REMIC"applicable) for matures. For federal income tax purposes. 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. 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 this Series Supplement. 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 REMIC I Regular and Residual Interests, the interests in “latest possible maturity date” shall be the Trust Fund created hereunderFinal Maturity Date. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 † The Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035R-1 Residual Interest is entitled to receive the applicable Residual Distribution Amount and any Excess Liquidation Proceeds.
Appears in 1 contract
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple ten classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I ------- As provided herein, the REMIC Administrator Trustee will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust the Corridor Contract and the Carryover Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Interest will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 360th Distribution Date. None of the REMIC I Regular Interests will be certificated. Uncertificated Uncertificated REMIC I Principal Latest Possible Designation Pass-Through Aggregate Features(1Rate Balance Maturity Date ----------- ----------------- --------------- ------------- LT-AA (1) Maturity Fitch/ Minimum Rate Initial Date $1,019,199,235.89 January 2034 LT-A1 (1) $ 8,595,600.00 January 2034 LT-M1 (1) $ 650,000.00 January 2034 LT-M2 (1) $ 520,000.00 January 2034 LT-M3 (1) $ 156,000.00 January 2034 LT-M4 (1) $ 156,000.00 January 2034 LT-M5 (1) $ 130,000.00 January 2034 LT-B (1) $ 104,000.00 January 2034 LT-ZZ (1) $ 10,488,384.41 January ▇▇▇▇ ▇▇'▇/S&P Denomina- Certificate tions(2-▇ (1) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I$ 100.00 January 2034 LT-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3R (1) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $$ 100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035January 2034 _______________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Cwabs Inc Asset Backed Certificates Series 2004 Bc1)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined herein). As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), as three one real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE S&P/ PASS-Through Aggregate Features(1THROUGH PRINCIPAL MATURITY -------- MINIMUM DESIGNATION RATE BALANCE FEATURES(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2DATE MOODY'S DENOMINATIONS(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-Class A-1 5.256.00% $199,487,100.00 Senior/Fixed Rate September October 25, 2034 AAA/Aaa/NA Aaa $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-Class A-P 0.00% $2,452,306.01 Senior/Principal September Only October 25, 2034 AAA/Aaa/NA Aaa $25,000.00 1,302,649.20 Only 25, 2020 I-Class A-V Variable $0.00 Senior//Interest September Senior/Interest October 25, 2034 AAA/Aaa/NA Aaa $2,000,000.00 Rate(3) Rate3 Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25R 6.00% $100.00 Senior/Residual/FixedSeptember Fixed October 25, 2034 AAA/Aaa/NA 75 Aaa 4 Rate 25, 2020 Class R-II M-1 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% 4,897,300.00 Mezzanine/Fixed September Rate October 25, 2034 AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.256.00% $327,400.00 2,129,000.00 Mezzanine/Fixed September Rate October 25, 2034 A/NA $250,000.00 Class M-3 6.00% $1,596,800.00 Mezzanine/Fixed Rate October 25, 2034 BBB/NA $250,000.00 Class B-1 6.00% $745,200.00 Subordinate/Fixed October 25, 2034 BB/NA $250,000.00 Rate Class B-2 6.00% $851,600.00 Subordinate/Fixed October 25, 2034 B/NA $250,000.00 Rate Class B-3 6.00% $745.223.92 Subordinate/Fixed October 25, 2034 NA/NA $250,000.00 Rate 251 The Certificates, 2020 other than the Class IB and Class R Certificates shall be Book-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Entry Certificates. The Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 B Certificates and the Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035R Certificates shall be delivered to the holders thereof in physical form.
Appears in 1 contract
Sources: Series Supplement to Pooling and Servicing Agreement (RALI Series 2004-Qs14 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed 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 Mortgage Loans Trust Fund (as defined herein) created hereunder, consisting primarily of the Mortgage Loans and, if any, the Pre-Funding Account and the Capitalized Interest Account (each, as defined herein). As provided herein, the REMIC Administrator Trustee will make an election elect to treat the entire segregated pool of assets described in (consisting of the definition of Trust FundMortgage Loans but excluding the Pre-Funding Account and the Capitalized Interest Account, if any) and certain other related assets subject to this Agreement as a REMIC (including the Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC"defined herein) for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-1 Certificates will be the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement). The following table irrevocably sets forth the designation, type, Pass-Through the REMIC I Remittance Rate, aggregate Initial Certificate Principal Balancethe initial Uncertificated Balance and, Maturity Datesolely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the "latest possible maturity date" for each Class of Certificates comprising the interests REMIC I Regular Interests (as defined herein) representing the "regular interests" in REMIC I. None of the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation PassINITIAL REMIC I UNCERTIFICATED LATEST POSSIBLE DESIGNATION REMITTANCE RATE BALANCE MATURITY DATE(1) LT-Through Aggregate Features(1A Variable(2) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25316,000,000.00 March 20, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I2029 LT-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25Variable(2) $ 31,000,000.00 March 20, 2020 Class I2029 LT-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25Variable(2) $ 29,000,000.00 March 20, 2020 Class I2029 LT-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25B Variable(2) $ 24,000,000.00 March 20, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352029
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)
PRELIMINARY STATEMENT. The Company intends to sell mortgage assetREMIC II Regular Interest LT-backed pass-through certificates (collectively, IO will not have an Uncertificated Principal Balance but will accrue interest on its uncertificated notional amount calculated in accordance with the definition of "Certificates"), to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined Uncertificated Notional Amount" herein. <!-- MARKER PAGE="sheet: 71; page: 71" --> <HR SIZE=5 COLOR=▇▇▇▇ NOSHADE> REMIC III As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), REMIC II Regular Interests as three real estate mortgage investment conduits (each, a "REMIC") REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC III." The Class R-III Certificates will represent the sole Class of "residual interests" in REMIC III for purposes of the REMIC Provisions under federal income tax law. The terms and provisions of the Standard Terms are hereby incorporated by reference herein as though set forth in full herein. If any term Class R-III Certificates will not bear interest 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. 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 this Series Supplementa Certificate Principal Balance. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC III Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC III (the "REMIC III Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC III Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests REMIC III Regular Interests will be certificated. UNCERTIFICATED REMIC III INITIAL UNCERTIFICATED DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE LT1 Variable(1) $238,117,211.29 LT2 Variable(1) $8,792.23 LT3 0.00% $15,035.29 LT4 Variable(1) $15,035.29 LT5 Variable(1) $353,790240.65 LT6 Variable(1) $12,954.99 LT7 0.00% $22,447.52 LT8 Variable(1) $22,447.52 LT-Y1 Variable(1) $119,134.79 LT-Y2 Variable(1) $177,012.55 LT-IO Variable(1) (2) _______________ (1) Calculated as provided in the Trust Fund created hereunder. Designation definition of Uncertificated REMIC III Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RALI Series 2006-Qa7 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectivelythe Certificates, the "Certificates"), which are to be issued hereunder in multiple classes, Classes and which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined hereinTrust Fund. As provided herein, the REMIC Administrator Trustee will make an election elect to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans (exclusive of Trust Fund, (i) the related Excess Servicing Strips and (ii) any collections of Additional Interest on any such Mortgage Loans that constitute ARD Mortgage Loans after their respective Anticipated Repayment Dates) and certain other related assets subject to this Agreement (including the Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC I". The terms and provisions Class R Certificates will represent, among other things, the sole class of "residual interests" in REMIC I for purposes 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. 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 this Series SupplementREMIC Provisions under federal income tax law. The following table sets forth the designationdesignation and initial REMIC I Principal Balance for each of the REMIC I Regular Interests. The REMIC I Remittance Rate in effect for any REMIC I Regular Interest for any Distribution Date shall equal the Weighted Average Net Mortgage Pass-Through Rate for such Distribution Date. None of the REMIC I Regular Interests will be certificated. Initial REMIC I Designation Principal Balance ----------- ----------------- A-1 $ 79,951,000 A-2 $152,713,000 A-SB $135,184,000 A-3 $831,310,000 A-1A $385,317,000 A-M $226,353,000 A-J $164,107,000 B $ 50,929,000 C $ 25,465,000 D $ 31,124,000 E $ 22,635,000 F $ 28,294,000 G $ 28,294,000 H $ 25,465,000 J $ 11,318,000 K $ 8,488,000 L $ 8,488,000 M $ 5,659,000 N $ 5,659,000 O $ 5,659,000 P $ 31,124,038 As provided herein, typethe Trustee will elect to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC II". The Class R Certificates will represent, among other things, the sole class of "residual interests" in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the Class designation and original Class Principal Balance for each Class of the Regular Certificates. The Pass-Through Rate for any Class of Regular Certificates for any Distribution Date will be determined in accordance with the definition of "Pass-Through Rate". For federal income tax purposes, aggregate Initial Certificate Principal Balance, Maturity Date, initial ratings and certain features for each Class of the Regular Certificates comprising (exclusive of the interests Class X Certificates) and each Class X Component will be designated as a separate "regular interest" in the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 REMIC II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Citigroup Commercial Mortgage Trust 2006-C4)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classessixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Swap Account and the Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. UNCERTIFICATED INITIAL UNCERTIFICATED REMIC I REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE ----------- ----------------- ---------------------- --------------- AA Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 735,227,112.93 May 25, 2020 II-2036 A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 Variable(1) 2,247,980.00 May 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 2036 A-2 Variable(1) 1,910,640.00 May 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 2036 A-3 Variable(1) 1,066,830.00 May 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 2036 A-4 Variable(1) 1,466,620.00 May 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 2036 M-1 Variable(1) 153,800.00 May 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(32036 M-2 Variable(1) Only/Variable Rate 138,790.00 May 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 2036 M-3 Variable(1) 82,530.00 May 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(42036 M-4 Variable(1) Only/Variable Rate 75,020.00 May 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 2036 M-5 Variable(1) 71,270.00 May 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 2036 M-6 Variable(1) 52,520.00 May 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 2036 M-7 Variable(1) 37,510.00 May 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 2036 M-8 Variable(1) 37,510.00 May 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 2036 M-9 Variable(1) 75,020.00 May 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 2036 ZZ Variable(1) 7,588,594.96 May 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Rs3 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesnine Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of the Yield Maintenance Agreement, the Supplemental Interest Trust FundAccount, the Swap Agreement and the Mortgage Insurance Premium Taxes Reserve Fund and any payments thereunder) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation Pass-Through Aggregate Features(1The "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate for the REMIC I Regular Interests shall be September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II2047. The REMIC I Regular Interests will not be certificated. INITIAL UNCERTIFICATED UNCERTIFICATED REMIC I REMIC I LATEST POSSIBLE MATURITY DESIGNATION PASS-A-1 6.00% Senior/Fixed Rate THROUGH RATE PRINCIPAL BALANCE DATE AA (1) $ 313,804,733.27 September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-2047 A-1 6.00% Senior/Super (1) $ 1,988,260.00 September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-2047 A-2 6.00% Senior/Senior (1) $ 350,870.00 September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate 2047 M-1 (1) $ 244,960.00 September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal 2047 M-2 (1) $ 209,730.00 September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest 2047 M-3 (1) $ 120,080.00 September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal 2047 M-4 (1) $ 67,240.00 September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest 2047 ZZ (1) $ 3,423,038.23 September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352047
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAAC Series 2007-Sp3 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classessixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of the Supplemental Interest Trust FundAccount, the Swap Agreement and the SB-AM Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I INITIAL UNCERTIFICATED DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE I-1-A Variable(1) $7,720,500.00 I-2-A Variable(1) $9,985,500.00 I-3-A Variable(1) $12,246,500.00 I-4-A Variable(1) $14,546,500.00 I-5-A Variable(1) $16,704,500.00 I-6-A Variable(1) $18,749,500.00 I-7-A Variable(1) $20,693,000.00 I-8-A Variable(1) $22,232,500.00 I-9-A Variable(1) $23,227,000.00 I-10-A Variable(1) $23,490,500.00 I-11-A Variable(1) $22,459,500.00 I-12-A Variable(1) $21,431,000.00 I-13-A Variable(1) $20,458,000.00 I-14-A Variable(1) $19,601,500.00 I-15-A Variable(1) $18,620,000.00 I-16-A Variable(1) $17,796,000.00 I-17-A Variable(1) $17,186,000.00 I-18-A Variable(1) $16,509,000.00 I-19-A Variable(1) $18,272,500.00 I-20-A Variable(1) $23,524,000.00 I-21-A Variable(1) $71,462,000.00 I-22-A Variable(1) $101,329,000.00 I-23-A Variable(1) $2,918,500.00 I-24-A Variable(1) $3,884,500.00 I-25-A Variable(1) $3,730,000.00 I-26-A Variable(1) $3,544,500.00 I-27-A Variable(1) $3,389,500.00 I-28-A Variable(1) $3,242,000.00 I-29-A Variable(1) $5,483,000.00 I-30-A Variable(1) $4,817,000.00 I-31-A Variable(1) $10,199,500.00 I-32-A Variable(1) $2,930,500.00 I-33-A Variable(1) $1,940,500.00 I-34-A Variable(1) $1,814,000.00 I-35-A Variable(1) $1,749,000.00 I-36-A Variable(1) $1,686,500.00 I-37-A Variable(1) $1,626,000.00 I-38-A Variable(1) $1,568,000.00 I-39-A Variable(1) $1,512,000.00 I-40-A Variable(1) $1,457,500.00 I-41-A Variable(1) $1,406,000.00 I-42-A Variable(1) $1,355,500.00 I-43-A Variable(1) $1,307,000.00 I-44-A Variable(1) $1,260,500.00 I-45-A Variable(1) $1,215,500.00 I-46-A Variable(1) $32,844,500.00 I-1-B Variable(1) $7,720,500.00 I-2-B Variable(1) $9,985,500.00 I-3-B Variable(1) $12,246,500.00 I-4-B Variable(1) $14,546,500.00 I-5-B Variable(1) $16,704,500.00 I-6-B Variable(1) $18,749,500.00 I-7-B Variable(1) $20,693,000.00 I-8-B Variable(1) $22,232,500.00 I-9-B Variable(1) $23,227,000.00 I-10-B Variable(1) $23,490,500.00 I-11-B Variable(1) $22,459,500.00 I-12-B Variable(1) $21,431,000.00 I-13-B Variable(1) $20,458,000.00 I-14-B Variable(1) $19,601,500.00 I-15-B Variable(1) $18,620,000.00 I-16-B Variable(1) $17,796,000.00 I-17-B Variable(1) $17,186,000.00 I-18-B Variable(1) $16,509,000.00 I-19-B Variable(1) $18,272,500.00 I-20-B Variable(1) $23,524,000.00 I-21-B Variable(1) $71,462,000.00 I-22-B Variable(1) $101,329,000.00 I-23-B Variable(1) $2,918,500.00 I-24-B Variable(1) $3,884,500.00 I-25-B Variable(1) $3,730,000.00 I-26-B Variable(1) $3,544,500.00 I-27-B Variable(1) $3,389,500.00 I-28-B Variable(1) $3,242,000.00 I-29-B Variable(1) $5,483,000.00 I-30-B Variable(1) $4,817,000.00 I-31-B Variable(1) $10,199,500.00 I-32-B Variable(1) $2,930,500.00 I-33-B Variable(1) $1,940,500.00 I-34-B Variable(1) $1,814,000.00 I-35-B Variable(1) $1,749,000.00 I-36-B Variable(1) $1,686,500.00 I-37-B Variable(1) $1,626,000.00 I-38-B Variable(1) $1,568,000.00 I-39-B Variable(1) $1,512,000.00 I-40-B Variable(1) $1,457,500.00 I-41-B Variable(1) $1,406,000.00 I-42-B Variable(1) $1,355,500.00 I-43-B Variable(1) $1,307,000.00 I-44-B Variable(1) $1,260,500.00 I-45-B Variable(1) $1,215,500.00 I-46-B Variable(1) $32,844,500.00 I Variable(1) $111,451.806 II Variable(1) $22,054.273 A-I Variable(1) $64,675,284.511 _______________ (1) Calculated as provided in the Trust Fund created hereunder. Designation definition of Uncertificated REMIC I Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2007-Ks3 Trust)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined herein). As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), as three one real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE S&P/ PASS-Through Aggregate Features(1THROUGH PRINCIPAL MATURITY -------- MINIMUM DESIGNATION RATE BALANCE FEATURES(1) Maturity Fitch/ Minimum Rate Initial Date DATE ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2▇ DENOMINATIONS(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-Class A-1 5.256.00% $199,487,100.00 Senior/Fixed Rate September October 25, 2034 AAA/Aaa/NA Aaa $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-Class A-P 0.00% $2,452,306.01 Senior/Principal September Only October 25, 2034 AAA/Aaa/NA Aaa $25,000.00 1,302,649.20 Only 25, 2020 I-Class A-V Variable $0.00 Senior//Interest September Senior/Interest October 25, 2034 AAA/Aaa/NA Aaa $2,000,000.00 Rate(3) Rate3 Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25R 6.00% $100.00 Senior/Residual/FixedSeptember Fixed October 25, 2034 AAA/Aaa/NA 75 Aaa 4 Rate 25, 2020 Class R-II M-1 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% 4,897,300.00 Mezzanine/Fixed September Rate October 25, 2034 AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.256.00% $327,400.00 2,129,000.00 Mezzanine/Fixed September Rate October 25, 2034 A/NA $250,000.00 Class M-3 6.00% $1,596,800.00 Mezzanine/Fixed Rate October 25, 2034 BBB/NA $250,000.00 Class B-1 6.00% $745,200.00 Subordinate/Fixed October 25, 2034 BB/NA $250,000.00 Rate Class B-2 6.00% $851,600.00 Subordinate/Fixed October 25, 2034 B/NA $250,000.00 Rate Class B-3 6.00% $745.223.92 Subordinate/Fixed October 25, 2034 NA/NA $250,000.00 Rate 251 The Certificates, 2020 other than the Class IB and Class R Certificates shall be Book-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Entry Certificates. The Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 B Certificates and the Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035R Certificates shall be delivered to the holders thereof in physical form.
Appears in 1 contract
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classeseight classes (each, a "Class"), which in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund (as defined herein), consisting primarily of the Mortgage Loans (as defined herein). As provided herein, the REMIC Administrator Trustee will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, REMIC I (as defined herein) and subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. purposes and such segregated pool of assets will be designated as "REMIC I." The terms Uncertificated REMIC I Regular Interests (as defined herein) will be "regular interests" in REMIC I and provisions the Class R-I Certificates will be the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined herein. If any term or provision contained herein shall conflict with or be inconsistent with any provision contained in ) under the Standard Terms, the terms and provisions of this Series Supplement shall govern. 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 this Series Supplementfederal income tax law. The following table irrevocably sets forth the designation, type, Pass-Through the REMIC I Remittance Rate, aggregate Initial Certificate Principal Balancethe initial Uncertificated Balance and, Maturity Datesolely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the "latest possible maturity date" for each Class of Certificates comprising the interests in REMIC I Regular Interests. None of the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Remic I Initial Latest Possible Designation PassRemittance Rate Uncertificated Balance Maturity Date(1) ----------- --------------- ---------------------- ---------------- LT-Through Aggregate Features(1AY Variable(2) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 324,000,000 June 25, 2020 II2028 LT-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA AZ Variable(2) $25,000.00 115,613,000.00 162,000,000 June 25, 2035 III2028 LT-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate FW Variable(2) $ 98,229,000 June 25, 2035 III2028 LT-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate FX Variable(2) $ 37,336,000 June 25, 2035 III2028 LT-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 FY Variable(2) $ 12,035,000 June 25, 2035 I2028 LT-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only FZ Variable(2) $ 16,400,000 June 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352028 ----------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Southern Pacific Secured Assets Corp)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classeseight classes (each, a "Class"), which in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund (as defined herein), consisting primarily of the Mortgage Loans (as defined herein). As provided herein, the REMIC Administrator Trustee will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, REMIC I (as defined herein) and subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. purposes and such segregated pool of assets will be designated as "REMIC I." The terms Uncertificated REMIC I Regular Interests (as defined herein) will be "regular interests" in REMIC I and provisions the Class R-I Certificates will be the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined herein. If any term or provision contained herein shall conflict with or be inconsistent with any provision contained in ) under the Standard Terms, the terms and provisions of this Series Supplement shall govern. 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 this Series Supplementfederal income tax law. The following table irrevocably sets forth the designation, type, Pass-Through the REMIC I Remittance Rate, aggregate Initial Certificate Principal Balancethe initial Uncertificated Balance and, Maturity Datesolely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the "latest possible maturity date" for each Class of Certificates comprising the interests in REMIC I Regular Interests. None of the Trust Fund created hereunderREMIC I Regular Interests will be certificated. REMIC I Initial Latest Possible Designation PassRemittance Rate Uncertificated Balance Maturity Date(1) ----------- --------------- ---------------------- ---------------- LT-Through Aggregate Features(1AYI Variable(2) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate $ 227,075,400.00 September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II2027 LT-A-1 6.00% Senior/Fixed Rate AZI Variable(2) $ 25,230,600.00 September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III2027 LT-A-1 6.00% Senior/Super AYII Variable(2) $ 79,408,800.00 September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III2027 LT-A-2 6.00% Senior/Senior AZII Variable(2) $ 8,823,200.00 September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III2027 LT-A-3 6.00% Senior/Fixed Rate FY Variable(2) $ 98,515,800.00 September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I2027 LT-A-P 0.00% Senior/Principal FZ Variable(2) $ 10,946,200.00 September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352027 ------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Southern Pacific Secured Assets Corp)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple eight classes, which in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund") consisting primarily of the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation Uncertificated REMIC I Initial Uncertificated Latest Possible Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA Maturity Date LTA Variable(1) $25,000.00 125,510,000.00 407,000,869 June 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA 2033 LTB1 Variable(1) $25,000.00 115,613,000.00 11,000,000 July 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2003 LTB2 Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 11,000,000 August 25, 2035 III-A-2 6.00% Senior/Senior 2003 LTB3 Variable(1) $10,000,000 September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2003 LTB4 Variable(1) $25,000.00 104,601,000.00 9,000,000 October 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2003 LTB5 Variable(1) $25,000.00 1,302,649.20 Only 8,000,000 November 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2003 LTB6 Variable(1) $2,000,000.00 Rate(3) Only/Variable Rate 9,000,000 December 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA 2003 LTB7 Variable(1) $25,000.00 7,998,673.73 Only 7,000,000 January 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA 2004 LTB8 Variable(1) $2,000,000.00 Rate(4) Only/Variable Rate 8,000,000 February 25, 2035 Class R-I 5.25% 2004 LTB9 Variable(1) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 7,000,000 March 25, 2020 2004 LTB10 Variable(1) $6,000,000 April 25, 2004 LTB11 Variable(1) $6,000,000 May 25, 2004 LTB12 Variable(1) $6,000,000 June 25, 2004 LTB13 Variable(1) $5,000,000 July 25, 2004 LTB14 Variable(1) $5,000,000 August 25, 2004 LTB15 Variable(1) $5,000,000 September 25, 2004 LTB16 Variable(1) $5,000,000 October 25, 2004 LTB17 Variable(1) $4,000,000 November 25, 2004 LTB18 Variable(1) $4,000,000 December 25, 2004 LTB19 Variable(1) $4,000,000 January 25, 2005 LTB20 Variable(1) $4,000,000 February 25, 2005 LTB21 Variable(1) $3,000,000 March 25, 2005 LTB22 Variable(1) $3,000,000 April 25, 2005 LTB23 Variable(1) $3,000,000 May 25, 2005 LTB24 Variable(1) $3,000,000 June 25, 2005 LTB25 Variable(1) $3,000,000 July 25, 2005 LTB26 Variable(1) $2,000,000 August 25, 2005 LTB27 Variable(1) $3,000,000 September 25, 2005 LTB28 Variable(1) $2,000,000 October 25, 2005 LTB29 Variable(1) $2,000,000 November 25, 2005 LTB30 Variable(1) $35,000,000 December 25, 2005 ------------ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-Through Rate. REMIC II As provided herein, the REMIC Administrator will make an election to treat the segregated pool of assets consisting of the REMIC I Regular Interests and certain other related assets subject to this Agreement as a real estate mortgage investment conduit (a "REMIC") for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC II." The Class R-II 6.00% Certificates will represent the sole class of "residual interests" in REMIC II for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC II Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC II (the "REMIC II Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC II Regular Interest shall be the Maturity Date. None of the REMIC II Regular Interests will be certificated. Designation Uncertificated REMIC II Initial Uncertificated Latest Possible Pass-Through Rate Principal Balance Maturity Date LT1 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 599,896,569.55 June 25, 2035 Class R-III 6.00% 2033 LT2 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 15,700.73 June 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA 2033 LT3 Variable(1) $25,000.00 $2,881,400.00 Rate 44,299.36 June 25, 2020 Class I-M-2 5.25% 2033 LT4 Variable(1) $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 44,299.36 June 25, 2020 Class I2033 LTA-M-3 5.25% $392,900.00 MezzanineIO1 Variable(2) N/Fixed September BBB/NA/NA $250,000.00 Rate A(3) July 25, 2020 Class 6.00% Mezzanine2003 LTA-IO2 Variable(2) N/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate A(3) August 25, 2035 Class 6.00% Mezzanine2003 LTA-IO3 Variable(2) N/Fixed A(3) September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine2003 LTA-IO4 Variable(2) N/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate A(3) October 25, 2035 Class I2003 LTA-B-1 5.25% $196,400.00 SubordinateIO5 Variable(2) N/Fixed September BB/NA/NA 2 Rate A(3) November 25, 2020 Class I2003 LTA-B-2 5.25% $130,900.00 SubordinateIO6 Variable(2) N/Fixed September B/NA/NA 2 Rate A(3) December 25, 2020 Class I2003 LTA-B-3 5.25% $196,455.55 SubordinateIO7 Variable(2) N/Fixed September NA/NA/NA 2 Rate A(3) January 25, 2020 Class 6.00% Subordinate2004 LTA-IO8 Variable(2) N/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate A(3) February 25, 2035 Class 6.00% Subordinate2004 LTA-IO9 Variable(2) N/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate A(3) March 25, 2035 Class 6.00% Subordinate2004 LTA-IO10 Variable(2) N/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate A(3) April 25, 20352004 LTA-IO11 Variable(2) N/A(3) May 25, 2004 LTA-IO12 Variable(2) N/A(3) June 25, 2004 LTA-IO13 Variable(2) N/A(3) July 25, 2004 LTA-IO14 Variable(2) N/A(3) August 25, 2004 LTA-IO15 Variable(2) N/A(3) September 25, 2004 LTA-IO16 Variable(2) N/A(3) October 25, 2004 LTA-IO17 Variable(2) N/A(3) November 25, 2004 LTA-IO18 Variable(2) N/A(3) December 25, 2004 LTA-IO19 Variable(2) N/A(3) January 25, 2005 LTA-IO20 Variable(2) N/A(3) February 25, 2005 LTA-IO21 Variable(2) N/A(3) March 25, 2005 LTA-IO22 Variable(2) N/A(3) April 25, 2005 LTA-IO23 Variable(2) N/A(3) May 25, 2005 LTA-IO24 Variable(2) N/A(3) June 25, 2005 LTA-IO25 Variable(2) N/A(3) July 25, 2005 LTA-IO26 Variable(2) N/A(3) August 25, 2005 LTA-IO27 Variable(2) N/A(3) September 25, 2005 LTA-IO28 Variable(2) N/A(3) October 25, 2005 LTA-IO29 Variable(2) N/A(3) November 25, 2005 LTA-IO30 Variable(2) N/A(3) December 25, 2005
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesthirteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of the Supplemental Interest Trust Fund, Account and the Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, typeremittance rate (the "Uncertificated REMIC I Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the Distribution Date immediately succeeding the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. UNCERTIFICATED REMIC I ----------------------------------- INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE AA Variable(1) $392,183,773.39 May 25, 2037 A-1 Variable(1) $1,684,290 May 25, 2037 A-2 Variable(1) $1,101,220 May 25, 2037 A-3 Variable(1) $496,020 May 25, 2037 M-1 Variable(1) $114,060 May 25, 2037 M-2 Variable(1) $132,060 May 25, 2037 M-3 Variable(1) $60,030 May 25, 2037 M-4 Variable(1) $44,020 May 25, 2037 M-5 Variable(1) $56,020 May 25, 2037 M-6 Variable(1) $40,020 May 25, 2037 M-7 Variable(1) $40,020 May 25, 2037 ZZ Variable(1) $4,235,990.48 May 25, 2037 _________________ (1) Calculated in accordance with the definition of "Uncertificated REMIC I Pass-Through Rate" herein. REMIC II As provided herein, the REMIC Administrator will elect to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC II". The Class R-II Certificates will represent the sole class of "residual interests" in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, Pass-Through Rate, aggregate Initial Certificate Principal Balance, Maturity Datecertain features, Final Scheduled Distribution Date and initial ratings and certain features for each Class of Certificates comprising the interests representing "regular interests" in REMIC II. The "latest possible maturity date" (determined for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each Class of REMIC II Regular Interests shall be the Trust Fund created hereunderDistribution Date immediately succeeding the 360th Distribution Date. Designation PassAGGREGATE INITIAL CERTIFICATE PRINCIPAL FINAL SCHEDULED DESIGNATION TYPE PASS-Through Aggregate Features(1THROUGH RATE BALANCE DISTRIBUTION DATE INITIAL RATINGS MOODY'S S&P Class A-1(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2Senior Adjustable(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA (3) $25,000.00 125,510,000.00 168,429,000 July 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/2029 Aaa AAA Class A-2(1) Senior Adjustable(2) (3) $25,000.00 115,613,000.00 110,122,000 August 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/Aaa AAA Class A-3(1) Senior Adjustable(2) (3) $25,000.00 220,000,000.00 Senior/Fixed Rate 49,602,000 May 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/2037 Aaa AAA Class M-1(1) Mezzanine Adjustable(2) (3) $25,000.00 10,000,000.00 Support/Fixed Rate 11,406,000 May 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2037 Aa1 AA+ Class M-2(1) Mezzanine Adjustable(2) (3) $25,000.00 104,601,000.00 13,206,000 May 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2037 Aa2 AA Class M-3(1) Mezzanine Adjustable(2) (3) $25,000.00 1,302,649.20 Only 6,003,000 May 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2037 Aa3 AA- Class M-4(1) Mezzanine Adjustable(2) (3) $2,000,000.00 Rate(3) Only/Variable Rate 4,402,000 May 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA 2037 A1 A+ Class M-5(1) Mezzanine Adjustable(2) (3) $25,000.00 7,998,673.73 Only 5,602,000 May 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA 2037 A2 A Class M-6(1) Mezzanine Adjustable(2) (3) $2,000,000.00 Rate(4) Only/Variable Rate 4,002,000 May 25, 2035 2037 A3 A- Class M-7(1) Mezzanine Adjustable(2) (3) $4,002,000 May 25, 2037 Baa1 BBB+ Class SB Interest Subordinate Variable(4) $23,411,523.87 N/A N/R N/R Class R-I 5.25% $100.00 SeniorResidual N/ResidualA N/FixedSeptember AAAA N/AaaA N/NA 75 Rate 25, 2020 R N/R Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NAResidual N/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% MezzanineN/Fixed September NAA N/NAA N/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 SubordinateR N/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035R
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2007-Rs2 Trust)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), as three two real estate mortgage investment conduits (each, a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum THROUGH PRINCIPAL MATURITY STANDARD & MINIMUM DESIGNATION RATE BALANCE FEATURES1 DATE POOR'S/FITCH DENOMINATIONS2 Class A-1 4.25% $50,000,000.00 Senior/Fixed Rate Initial Date March 25, 2033 AAA/AAA $▇▇,▇▇▇.▇▇ ▇▇▇▇▇ ▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25▇ 4.50% $287,214,000.00 Senior/Fixed Rate September March 25, 2033 AAA/Aaa/NA AAA $25,000.00 125,510,000.00 25, 2020 II▇▇,▇▇▇.▇▇ ▇▇▇▇▇ ▇-A-1 6.00▇ 5.175% $16,521,000.00 Senior/Fixed Rate September March 25, 2033 AAA/NA/AAA $25,000.00 115,613,000.00 ▇▇,▇▇▇.▇▇ ▇▇▇▇▇ ▇-▇ ▇djustable $72,216,000.00 Senior/Floater/Adjustab March 25, 2035 III-A-1 ▇▇▇▇ ▇▇▇/▇▇▇ $▇▇,▇▇▇.▇▇ ▇ate3 Rate Class A-5 Adjustable $0.004 Senior/Inverse March 25, 203▇ ▇▇▇/▇▇▇ $▇,▇▇▇,▇▇▇.▇▇ Rate3 Floater/Interest Only/Adjustable Rate Class A-6 6.00% $0.005 Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate Interest March 25, 2035 III20▇▇ ▇▇▇/▇▇▇ $▇,▇▇▇,▇▇▇.▇▇ Only/ Fixed Strip 1 The Certificates, other than the Class A-A-2 6.00% Senior/Senior September AAA/NA/AAA P, Class A-V, Class B and Class R Certificates shall be Book-Entry Certificates. The Class A-P, Class A-V, Class B and Class R 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 $25,000.00 10,000,000.00 Support/Fixed Rate 251 (or $1,000 in the case of the Class A-P, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25Class B-1, 2035 I-Class B-2 and Class B-3 Certificates) in excess thereof, except that one Certificate of any of the Class A-P 0.00% Senior/Principal September AAA/Aaa/NA and Class B-1, Class B-2 and Class B-3 Certificates that contain an uneven multiple of $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 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 $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20351,000.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
PRELIMINARY STATEMENT. The Company intends at the Closing Date is the owner of the Mortgage Loans and the other property being conveyed by it to sell mortgage asset-backed pass-through certificates the Trust. On the Closing Date, the Company will acquire the Certificates from the Trust as consideration for its transfer to the Trust of the Mortgage Loans and certain other assets and will be the owner of the Certificates. The Company has duly authorized the execution and delivery of this Agreement to provide for (collectivelyi) the conveyance to the Trust of the Mortgage Loans and certain other assets and (ii) the issuance to the Company of the Certificates, representing in the aggregate the entire beneficial interest in REMIC I. The Company is entering into this Agreement, and the Trustee and the Delaware Trustee are each accepting the trust created hereby, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. The Certificates issued hereunder, other than the Junior Subordinate Certificates, have been offered for sale pursuant to a Prospectus, dated September 19, 2002, and a Prospectus Supplement, dated September 23, 2002, of the Company (together, the "CertificatesProspectus"). The Junior Subordinate Certificates have been offered for sale pursuant to a Private Placement Memorandum, dated September 25, 2002. The Trust created hereunder is intended to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets "Trust" described in the definition of Trust Fund, Prospectus and subject the Private Placement Memorandum and the Certificates are intended to this Agreement (including be the Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") for federal income tax purposes. 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. 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 this Series SupplementCertificates" described therein. The following table sets forth the designation, typetype of interest, Pass-Through Certificate Interest Rate, aggregate initial Class Principal Balance and Final Maturity Date for the Certificates: REMIC I Interests Class Designation for Certificate Initial Certificate Class each Class of Type of Interest Principal BalanceFinal Maturity Certificates Interest Rate (1) Balance Date* --------------------- -------- ----------- --------------- -------------- Class A-1 Regular Variable(2) $506,534,600.00 October 2032 Class A-2 Regular Variable(3) 253,267,300.00 October 2032 Class M-1 Regular Variable(4) 18,844,700.00 October 2032 Class B-1 Regular Variable(4) 9,221,900.00 October 2032 Class B-2 Regular Variable(4) 6,415,200.00 October 2032 Class B-3 Regular Variable(4) 3,207,600.00 October 2032 Class B-4 Regular Variable(4) 1,202,900.00 October 2032 Class B-5 Regular Variable(4) 1,202,800.00 October 2032 Class B-6 Regular Variable(4) 2,004,820.87 October 2032 Class R (5) Residual 5.050% 100.00 October 2032 * The Distribution Date in the specified month, Maturity Datewhich is the month following the month the latest maturing Mortgage Loan matures. For federal income tax purposes, initial ratings and certain features for each Class of Certificates comprising REMIC I Regular and Residual Interests, the interests in "latest possible maturity date" shall be the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Final Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Date.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Wamu Mortgage Pass Through Certificates Series 2002-Ar13)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed 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 of the Trust Fund created hereunder. The Trust Fund will consist of a segregated pool of assets comprised of the Mortgage Loans (as defined hereinand certain other related assets subject to this Agreement. As provided herein, the REMIC Securities Administrator will make an election elect to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including other than the Mortgage Loans)Reserve Fund and, for the avoidance of doubt, the Supplemental Interest Trust and the Swap Agreement) as three real estate mortgage investment conduits (each, a "REMIC") REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC I”. The terms and provisions Class R-I Interest will be the sole class of “residual interests” in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement). The following table irrevocably sets forth the designation, type, Pass-Through the REMIC I Remittance Rate, aggregate Initial Certificate Principal Balancethe initial Uncertificated Balance and, Maturity Datefor purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the “latest possible maturity date” for each Class of Certificates comprising the interests in REMIC I Regular Interests (as defined herein). None of the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum REMIC I Remittance Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2Uncertificated Balance Latest Possible Maturity Date(1) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- II-1-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 IIB Variable(2) April 2037 I-2-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 IIIB Variable(2) April 2037 I-3-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 IIIB Variable(2) April 2037 I-4-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 IIIB Variable(2) April 2037 I-5-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 IB Variable(2) April 2037 I-6-AB Variable(2) April 2037 I-7-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 IB Variable(2) April 2037 I-8-AB Variable(2) April 2037 I-9-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3B Variable(2) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035April 2037
Appears in 1 contract
Sources: Pooling and Servicing Agreement
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple ten classes, which in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund") consisting primarily of the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation PassUNCERTIFICATED REMIC I INITIAL UNCERTIFICATED LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE ----------- ----------------- ----------------- ------------- Y-1 Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 $ 243,750.05 March 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 2034 Y-2 Variable(1) $ 324,756,310.37 March 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 2034 Z-1 Variable(1) $ 0.14 March 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 2034 Z-2 Variable(1) $ 160,000,034.39 March 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class 2034 R-I 5.250% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate $ 0.00 March 25, 2020 2034 ------------ (1) Calculated in accordance with the definition of "Uncertificated REMIC I Pass Through Rate" herein. REMIC II As provided herein, the REMIC Administrator will make an election to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC II." The Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate Certificates will represent the sole class of "residual interests" in REMIC II for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC II Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC II (the "REMIC II Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC II Regular Interest shall be the Maturity Date. None of the REMIC II Regular Interests will be certificated. UNCERTIFICATED INITIAL REMIC I UNCERTIFICATED -------------------- REMIC I LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE(3) LT1 Variable(1) $ 324,697,609.16 March 25, 2035 Class 2034 LT2 Variable(1) $ 6,298.79 March 25, 2034 LT3 0.00% $ 26,201.21 March 25, 2034 LT4 Variable(1) $ 26,201.21 March 25, 2034 LT5 Variable(1) $ 159,969,696.01 March 25, 2034 LT6 Variable(1) $ 1,661.62 March 25, 2034 LT7 0.00% $ 14,338.38 March 25, 2034 LT8 Variable(1) $ 14,338.38 March 25, 2034 LT-Y1(2) Variable(1) $ 243,750.05 March 25, 2034 LT-Y2(2) Variable(1) $ 0.14 March 25, 2034 R-III 6.00II 0% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate $ 0.00 March 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352034 ------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mort Prod Inc Ramp Series 2004 Rz1 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple fourteen classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Group I Loans and certain other related assets (exclusive of Trust the Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, typeremittance rate (the "Uncertificated REMIC I Pass- Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 360th Distribution Date. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE ----------- ----------------- ----------------- ------------- LT-A-1 Variable(1) $1,532.00 August 25, 2032 LT-A-2 Variable(1) $30,961,000.00 August 25, 2032 LT-A-3 Variable(1) $28,278,000.00 August 25, 2032 LT-A-4 Variable(1) $26,181,000.00 August 25, 2032 LT-A-5 Variable(1) $24,239,000.00 August 25, 2032 LT-A-6 Variable(1) $22,443,000.00 August 25, 2032 LT-A-7 Variable(1) $20,778,000.00 August 25, 2032 LT-A-8 Variable(1) $19,236,000.00 August 25, 2032 LT-A-9 Variable(1) $17,811,000.00 August 25, 2032 REMIC II As provided herein, the REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Group II Loans and certain other related assets subject to this Agreement as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC II." The Class R-II Certificates will represent the sole class of "residual interests" in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC II Pass-Through Rate") and initial Uncertificated Principal Balance for the "regular interest" in REMIC II (the "REMIC II Regular Interest"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC II Regular Interest shall be the 360th Distribution Date. The REMIC II Regular Interest will not be certificated. UNCERTIFICATED REMIC LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE II PRINCIPAL BALANCE MATURITY DATE ----------- ----------------- -------------------- ------------- LT-B Variable(1) $203,000,664.00 August 25, aggregate Initial Certificate Principal Balance, Maturity Date, initial ratings and certain features for each Class of Certificates comprising the interests 2032 --------------- (1) Calculated as provided in the Trust Fund created hereunderdefinition of Group II Net WAC Cap Rate. Designation Pass-Through Aggregate Features(1REMIC III As provided herein, the REMIC Administrator will make an election to treat the segregated pool of assets consisting of the REMIC I Regular Interests and the REMIC II Regular Interests (exclusive of the Reserve Fund) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25subject to this Agreement as a REMIC for federal income tax purposes, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 and such segregated pool of assets will be designated as "REMIC III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 ." The Class R-III 6.00Certificates will represent the sole class of "residual interests" in REMIC III for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC III Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC III (the "REMIC III Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC III Regular Interest shall be the 360th Distribution Date. None of the REMIC III Regular Interests will be certificated. UNCERTIFICATED REMIC LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE III PRINCIPAL BALANCE MATURITY DATE ----------- ----------------- --------------------- ------------- LT3-AI-AA Variable(1) $403,761,501.36 August 25, 2032 LT3-AI-1 Variable(1) $1,323,000.00 August 25, 2032 LT3-AI-2 Variable(1) $480,000.00 August 25, 2032 LT3-AI-3 Variable(1) $714,000.00 August 25, 2032 LT3-AI-4 Variable(1) $726,000.00 August 25, 2032 LT3-AI-5 Variable(1) $465,000.00 August 25, 2032 LT3-AI-6 Variable(1) $412,000.00 August 25, 2032 LT3-AI-ZZ Variable(1) $4,120,030.64 August 25, 2032 LT3-IAIO(4) 2.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate (2) August 25, 2035 Class I2032 LT3-M-1 5.25% Mezzanine/Fixed September AA/NA/NA AII-AA Variable(3) $25,000.00 $2,881,400.00 Rate 198,940,650.72 August 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352032
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesfifteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Yield Maintenance Agreement and any payments thereunder) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. UNCERTIFICATED REMIC I -------------------------- INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE AA Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 695,801,016.10 August 25, 2020 II-2036 A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA Variable(1) $25,000.00 115,613,000.00 2,934,880 August 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2036 A-2 Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 1,810,660 August 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA 2036 A-3 Variable(1) $25,000.00 10,000,000.00 Support/Fixed Rate 472,960 August 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2036 M-1 Variable(1) $25,000.00 104,601,000.00 539,600 August 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2036 M-2 Variable(1) $25,000.00 1,302,649.20 Only 269,800 August 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2036 M-3 Variable(1) $2,000,000.00 Rate(3) Only/Variable Rate 156,200 August 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA 2036 M-4 Variable(1) $25,000.00 7,998,673.73 Only 138,450 August 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA 2036 M-5 Variable(1) $2,000,000.00 Rate(4) Only/Variable Rate 138,450 August 25, 2035 Class R-I 5.25% 2036 M-6 Variable(1) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 124,250 August 25, 2020 Class R-II 6.00% 2036 M-7 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 120,700 August 25, 2035 Class R-III 6.00% 2036 M-8 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 106,500 August 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA 2036 M-9 Variable(1) $25,000.00 $2,881,400.00 Rate 71,000 August 25, 2020 Class I-M-2 5.25% 2036 ZZ Variable(1) $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 7,316,570.74 August 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Rz3 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "“Certificates"”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans Trust Fund created hereunder. The Certificates will consist of seven classes of certificates, designated as (as defined hereini) the Class A Certificates, (ii) the Class IO Certificates, (iii) the Class M Certificates, (iv) the Class B Certificates, (v) the Class C Certificates, (vi) the Class P Certificates and (vii) the Class R Certificates. As provided herein, the REMIC Administrator will Trustee shall make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including exclusive of the Mortgage Loans)Pre-Funding Account, the Interest Coverage Account, the Excess Reserve Fund Account and the other assets identified as three excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduits conduit (each, a "“REMIC"”) for federal income tax purposes. , and such segregated pool of assets will be designated as “REMIC 1.” The terms and provisions Class R-1 Interest represents the sole class of “residual interests” in REMIC 1 for purposes 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. 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 this Series SupplementREMIC Provisions. The following table irrevocably sets forth the designation, type, the Uncertificated REMIC 1 Pass-Through Rate, aggregate Initial Certificate the initial Uncertificated Principal Balance, Maturity Dateand for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the “latest possible maturity date” for each Class of Certificates comprising the interests in REMIC 1 Regular Interests. None of the Trust Fund created hereunderREMIC 1 Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Uncertificated Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA Latest Possible Maturity Date(1) LT1AA Variable(2) $25,000.00 125,510,000.00 156,800,000.00 August 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA 2012 LT1A Variable(2) $25,000.00 115,613,000.00 1,568,800.00 August 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2012 LT1M Variable(2) $25,000.00 220,000,000.00 Senior/Fixed Rate 11,200.00 August 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA 2012 LT1B Variable(2) $25,000.00 10,000,000.00 Support/Fixed Rate 20,000.00 August 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2012 LT1ZZ Variable(2) $25,000.00 104,601,000.00 1,600,000.00 August 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2012 LT1P Variable(2) $25,000.00 1,302,649.20 Only 100.00 August 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352012 ___________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (IndyMac Residential Mortgage-Backed Trust, Series 2006-L4)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), as three two real estate mortgage investment conduits (each, a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE S&P/ PASS-Through Aggregate Features(1THROUGH PRINCIPAL MATURITY -------- MINIMUM DESIGNATION RATE BALANCE FEATURES(1) Maturity Fitch/ Minimum Rate Initial Date DATE ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2▇ DENOMINATIONS(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-- Class A-1 5.254.25% $215,000,000.00 Senior/Fixed Rate September January 25, AAA/Aaa/NA Aaa $25,000.00 125,510,000.00 2034 Class ▇-▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇, ▇▇▇/▇▇▇ $25,000.00 Rate(3) $51,847,200.00 Directed/Floater/ 2034 Adjustable Rate Class A-3 Adjustable $0(4) Senior/Interest January 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA Aaa $2,000,000.00 Rate(3) Only/Variable Inverse 2034 Floater/Adjustable Rate Class A-4 5.50% $15,724,000.00 Senior/Accretion January 25, 2020 II-AAA/Aaa $25,000.00 Directed/Fixed Rate 2034 Class A-5 5.75% $18,461,800 Senior/Accrual/Fixed January 25, AAA/Aaa $25,000.00 Rate 2034 5.75% $0(4) Senior/Interest January 25, AAA/Aaa $2,000,000.00 Class A-6 Only/Fixed Rate 2034 Class A-P 0.00% Senior$1,889,544.16 Principal Only/Principal September Senior January 25, AAA/NA/AAA Aaa $25,000.00 7,998,673.73 Only 25, 2035 II-2034 Class A-V Variable $0.00 Senior//Interest September Variable January 25, AAA/NAAaa (6) Rate(5) Strip/AAA $2,000,000.00 Rate(4) Interest 2034 Only/Variable Rate 25, 2035 Senior Class R-I 5.255.75% $100.00 Residual/Senior/Residual/FixedSeptember Fixed January 25, AAA/Aaa/NA 75 Aaa (7) Rate 25, 2020 2034 Class R-II 6.005.75% $50.00 100.00 Residual/Senior/Residual/FixedSeptember Fixed January 25, AAA/NA/AAA 5 Aaa (7) Rate 25, 2035 2034 Class R-III 6.00M-1 5.75% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% 7,677,300.00 Mezzanine/Fixed September Rate January 25, AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 2034 Class I-M-2 5.255.75% $327,400.00 3,518,600.00 Mezzanine/Fixed September Rate January 25, A/NA $250,000.00 2034 Class M-3 5.75% $2,392,000.00 Mezzanine/Fixed Rate January 25, BBB/NA $250,000.00 2034 Class B-1 5.75% $1,119,600.00 Subordinate/Fixed January 25, BB/NA $250,000.00 Rate 2034 Class B-2 5.75% $1,279,500.00 Subordinate/Fixed January 25, B/NA $250,000.00 Rate 2034 Class B-3 5.75% $1,119,630.60 Subordinate/Fixed January 25, NA/NA $250,000.00 Rate 252034 1 The Certificates, 2020 other than the Class IA-M-3 5.25% P, Class A-V, Class B and Class R Certificates shall be Book-Entry Certificates. The Class A-P, Class A-V, Class B and Class R 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 $392,900.00 Mezzanine/Fixed September BBB/NA/NA 1 (or $250,000.00 Rate 251,000 in the case of the Class A-P, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA 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-1, Class B-2 and Class B-3 Certificates that contain an uneven multiple of $25,000.00 II-M-1 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 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20351,000.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage assetmortgage-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple seventeen classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust FundGroup I Loans, Group II Loans, Group III Loans Group IV Loans and Group V Loans, and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the date set forth below. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I LATEST POSSIBLE MATURITY DESIGNATION REMIC I PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- THROUGH RATE PRINCIPAL BALANCE DATE ------------------- ------------------------- ---------------------- ------------------------ I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA SUB 6.00 $25,000.00 125,510,000.00 342.01 Jun 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 2017 I- ZZZ 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 38,271,659.72 June 25, 2035 Class R2017 II-III 6.00SUB 7.50% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 243.67 August 25, 2035 Class I2019 II-M-1 5.25ZZZ 7.50% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 27,216,463.65 August 25, 2020 Class I2019 III-M-2 5.25SUB 7.00% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 290.91 March 25, 2020 Class I2032 III-M-3 5.25ZZZ 7.00% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 32,719,832.63 March 25, 2020 Class 6.002032 IV-SUB 7.50% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 342.82 March 25, 2035 Class 6.002032 IV-ZZZ 7.50% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 38,946,819.63 March 25, 2035 Class 6.002032 V-SUB 8.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 266.84 October 25, 2035 Class I2031 V-B-1 5.25ZZZ 8.00% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 30,313,160.92 October 25, 2020 Class I2031 A-B-2 5.25PO 0.00% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 1,390,306.07 March 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 2032 REMIC I IO Regular Interests (1) (2) March 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352032
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005 SL2 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple fourteen classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust the Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass- Through Rate") and initial Uncertificated Principal Balance for each "regular interest" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. Uncertificated Designation REMIC-I Initial Uncertificated Latest Possible 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. Designation PassRate Principal-Through Aggregate Features(1Balance Maturity-Date-(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2ZZ Variable(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 March 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA 2034 $25,000.00 115,613,000.00 3,000,003.43 1A Variable(2) March 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2034 $25,000.00 220,000,000.00 Senior/Fixed Rate 5,750.03 1B Variable(2) March 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA 2034 $25,000.00 10,000,000.00 Support/Fixed Rate 50,000.03 2A Variable(2) March 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2034 $25,000.00 104,601,000.00 1,150.00 2B Variable(2) March 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2034 $25,000.00 1,302,649.20 Only 10,000.00 XX Variable(2) March 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2034 $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035299,933,271.57 ___________________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Ramp Trust 2004-Rs3)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-loan backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple thirteen classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Group I Loans and Group II Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the date set forth below. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- THROUGH RATE PRINCIPAL BALANCE MATURITY DATE A-II-PO 0.00% $33,469.00 January 2032 I-A-1 5.25SUB 6.50% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 70.26 January 2032 I-ZZZ 6.50% $36,019,670.40 January 2032 II-A-1 6.00SUB 6.50% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 212.79 January 2032 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25ZZZ 6.50% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R109,074,718.75 January 2032 REMIC I IO-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035(1) (2) January 2032 Regular Interests
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAAC Series 2004-Sp2)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesseventeen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of the Yield Maintenance Agreement, the Supplemental Interest Trust Fund, Account and the Swap Agreements) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the Distribution Date immediately succeeding the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. UNCERTIFICATED REMIC I INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE ----------- ---------------------- ------------------------------ ------------------ AA Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 473,200,820 February 25, 2020 II-2037 A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA Variable(1) $25,000.00 115,613,000.00 1,602,790 February 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2037 A-2 Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 140,330 February 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA 2037 A-3 Variable(1) $25,000.00 10,000,000.00 Support/Fixed Rate 1,549,510 February 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2037 A-4 Variable(1) $25,000.00 104,601,000.00 622,870 February 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2037 A-5 Variable(1) $25,000.00 1,302,649.20 Only 435,060 February 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2037 M-1 Variable(1) $2,000,000.00 Rate(3) Only/Variable Rate 84,500 February 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA 2037 M-2 Variable(1) $25,000.00 7,998,673.73 Only 84,500 February 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA 2037 M-3 Variable(1) $2,000,000.00 Rate(4) Only/Variable Rate 48,290 February 25, 2035 Class R-I 5.25% 2037 M-4 Variable(1) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 41,040 February 25, 2020 Class R-II 6.00% 2037 M-5 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 38,630 February 25, 2035 Class R-III 6.00% 2037 M-6 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 33,800 February 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA 2037 M-7 Variable(1) $25,000.00 $2,881,400.00 Rate 29,870 February 25, 2020 Class I-M-2 5.25% 2037 M-8 Variable(1) $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 24,140 February 25, 2020 Class I-M-3 5.25% 2037 M-9 Variable(1) $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 24,140 February 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA 2037 M-10 Variable(1) $25,000.00 II-M-1 $11,637,900.00 Rate 24,140 February 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A 2037 ZZ Variable(1) $250,000.00 II-M-2 $5,333,700.00 Rate 4,874,468 February 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352037 --------------------------------------------------------------------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2007-Rs1 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed 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 Mortgage Loans each REMIC (as defined herein) created hereunder. The Trust Fund will consist of a segregated pool of assets comprised of the Mortgage Loans and certain other related assets subject to this Agreement. As provided herein, the REMIC Administrator Trustee will make an election elect to treat the entire segregated pool of assets described in consisting of the definition of Trust FundMortgage Loans and certain other related assets (other than the Pre-Funding Account, any Subsequent Mortgage Loan Interest, the Servicer Prepayment Charge Payment Amount, the Net WAC Rate Carryover Reserve Account and the Cap Contracts) subject to this Agreement (including the Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") REMIC for federal income tax purposes. , and such segregated pool of assets will be designated as “REMIC I.” The terms and provisions Class R-I Interest will be the sole class of “residual interests” in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement). The following table irrevocably sets forth the designation, type, Pass-Through the REMIC I Remittance Rate, aggregate Initial Certificate Principal Balancethe initial Uncertificated Balance and, Maturity Datefor purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the “latest possible maturity date” for each Class of Certificates comprising the interests in REMIC I Regular Interests (as defined herein). None of the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum REMIC I Remittance Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2Uncertificated Balance Latest Possible Maturity Date(1) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 LT1 Variable(2) $ 1,475,474,173.63 June 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only LT1PF Variable(2) $ 310,578,888.23 June 25, 2020 I▇▇▇▇ ▇-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3▇▇▇ Variable(2) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only $ 100.00 June 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035_______________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2005-Nc3)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple twenty classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Swap Account and the Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation PassUNCERTIFICATED INITIAL UNCERTIFICATED REMIC I REMIC I ------------------ ----------------------------- LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE I-1-A Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 1,031,638.00 May 25, 2035 IIII-1-A-1 6.00% Senior/Super September AAA/NA/AAA B Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 1,031,638.00 May 25, 2035 IIII-2-A-2 6.00% Senior/Senior September AAA/NA/AAA A Variable(1) $25,000.00 10,000,000.00 Support/Fixed Rate 1,488,802.00 May 25, 2035 IIII-2-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA B Variable(1) $25,000.00 104,601,000.00 1,488,802.00 May 25, 2035 II-3-A-P 0.00% Senior/Principal September AAA/Aaa/NA A Variable(1) $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 1,999,988.50 May 25, 2035 III-3-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA B Variable(1) $2,000,000.00 Rate(4) Only/Variable Rate 1,999,988.50 May 25, 2035 Class RI-4-I 5.25% A Variable(1) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 2,512,921.50 May 25, 2035 Class RI-4-III 6.00% B Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 2,512,921.50 May 25, 2035 Class II-5-M-1 5.25% Mezzanine/Fixed September AA/NA/NA A Variable(1) $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 3,023,294.50 May 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A I-5-B Variable(1) $250,000.00 II-M-2 $5,333,700.00 Rate 3,023,294.50 May 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB I-6-A Variable(1) $250,000.00 II-M-3 $2,909,300.00 Rate 3,526,586.50 May 25, 2035 Class II-6-B-1 5.25% B Variable(1) $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 3,526,586.50 May 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B I-7-A Variable(1) $250,000.00 II-B-2 $2,182,000.00 Rate 4,018,107.50 May 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA I-7-B Variable(1) $250,000.00 II-B-3 $1,697,095.41 Rate 4,018,107.50 May 25, 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005-Rz2 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage assetmortgage-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple sixteen classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust FundGroup I Loans, Group II Loans, Group III Loans and Group IV Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the date set forth below. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance THROUGH RATE PRINCIPAL BALANCE MATURITY DATE ----------- ------ ------------ ------------------ -------- ---------- -------------- ----------------- ----------------- ------------- A-I-A-1 5.25PO 0.00% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 1,409,743.03 April 25, 2020 2031 I-SUB 7.125% $145.97 April 25, 2031 I-ZZZ 7.125% $50,723,667.62 April 25, 2031 II-A-1 6.00SUB 6.50% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 64.46 April 25, 2035 2031 II-ZZZ 6.50% $22,801,235.60 April 25, 2031 III-A-1 6.00SUB 4.50% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 978.22 April 25, 2035 2031 III-A-2 6.00ZZZ 5.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 345,853,444.33 April 25, 2035 III2031 IV-A-3 6.00SUB 5.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 396.72 April 25, 2035 I2031 IV-ZZZ 0.00% $139,516,528.37 April 25, 2031 A-P PO 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 5,899,830.87 April 25, 2020 I2031 REMIC I IO-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3I Regular (1) Only/Variable Rate (2) April 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 2031 Interests REMIC I IO Regular (1) (2) April 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352031 Interests _______________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple ten classes, which in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund") consisting primarily of the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-REMIC I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Regular Interests will be certificated.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesfifteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Yield Maintenance Agreement and any payments thereunder) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, typeremittance rate (the "Uncertificated REMIC I Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. Uncertificated REMIC I Initial Uncertificated REMIC I --------------------- ------------------------------- Latest Possible Designation Pass-Through Rate Principal Balance Maturity Date AA Variable(1) $539,000,891.68 January 25, 2036 A-1 Variable(1) $2,084,920.00 January 25, 2036 A-2 Variable(1) $2,060,190.00 January 25, 2036 A-3 Variable(1) $320,890.00 January 25, 2036 M-1 Variable(1) $187,000.00 January 25, 2036 M-2 Variable(1) $165,000.00 January 25, 2036 M-3 Variable(1) $101,750.00 January 25, 2036 M-4 Variable(1) $90,750.00 January 25, 2036 M-5 Variable(1) $90,750.00 January 25, 2036 M-6 Variable(1) $79,750.00 January 25, 2036 M-7 Variable(1) $74,250.00 January 25, 2036 M-8 Variable(1) $57,750.00 January 25, 2036 M-9 Variable(1) $55,000.00 January 25, 2036 ZZ Variable(1) $5,632,018.20 January 25, 2036 (1) Calculated in accordance with the definition of "Uncertificated REMIC I Pass-Through Rate" herein. ---------------------------------------------------------------------------------------------- REMIC II As provided herein, the REMIC Administrator will elect to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC II". The Class R-II Certificates will represent the sole class of "residual interests" in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, Pass-Through Rate, aggregate Initial Certificate Principal Balance, Maturity Datecertain features, Final Scheduled Distribution Date and initial ratings and certain features for each Class of Certificates comprising the interests representing "regular interests" in REMIC II. The "latest possible maturity date" (determined for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each Class of REMIC II Regular Interests shall be the Trust Fund created hereunder360th Distribution Date. Designation Aggregate Initial Certificate Pass-Through Aggregate Features(1Principal Final Scheduled Designation Type Rate Balance Distribution Date Initial Ratings Moody's S&P Class ▇-▇(▇) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2Senior Adjustable(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 208,492,000 November 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/2027 Aaa AAA (3) Class A-2(1) Senior Adjustable(2) $25,000.00 115,613,000.00 206,019,000 December 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/Aaa AAA (3) Class A-3(1) Senior Adjustable(2) $25,000.00 220,000,000.00 Senior/Fixed Rate 32,089,000 January 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/2036 Aaa AAA (3) Class M-1(1) Mezzanine Adjustable(2) $25,000.00 10,000,000.00 Support/Fixed Rate 18,700,000 January 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2036 Aa1 AA+ (3) Class M-2(1) Mezzanine Adjustable(2) $25,000.00 104,601,000.00 16,500,000 January 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2036 Aa2 AA (3) Class M-3(1) Mezzanine Adjustable(2) $25,000.00 1,302,649.20 Only 10,175,000 January 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2036 Aa3 AA (3) Class M-4(1) Mezzanine Adjustable(2) $2,000,000.00 Rate(3) Only/Variable Rate 9,075,000 January 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA 2036 A1 AA (3) Class M-5(1) Mezzanine Adjustable(2) $25,000.00 7,998,673.73 Only 9,075,000 January 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA 2036 A2 A+ (3) Class M-6(1) Mezzanine Adjustable(2) $2,000,000.00 Rate(4) Only/Variable Rate 7,975,000 January 25, 2035 2036 A3 A (3) Class M-7(1) Mezzanine Adjustable(2) $7,425,000 January 25, 2036 Baa1 A- (3) Class M-8(1) Mezzanine Adjustable(2) $5,775,000 January 25, 2036 Baa2 BBB+ (3) Class M-9(1) Mezzanine Adjustable(2) $5,500,000 January 25, 2036 Baa3 BBB- (3) Class SB Subordinate Variable(4) $13,200,910 N/A N/R N/R Interest Class R-I 5.25% $100.00 SeniorResidual N/ResidualA N/FixedSeptember AAAA N/AaaA N/NA 75 Rate 25, 2020 R N/R Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NAResidual N/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% MezzanineN/Fixed September NAA N/NAA N/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 SubordinateR N/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035R
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Nc1 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "“Certificates"”), to be issued hereunder in multiple sixteen classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Reserve Fund and the Yield Maintenance Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "“REMIC"”) for federal income tax purposes. , and such segregated pool of assets will be designated as “REMIC I.” The terms and provisions Class R-I Certificates will represent the sole class of “residual interests” in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the “Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ”) and initial Uncertificated Principal Balance, Maturity Balance for the “regular interests” in REMIC I (the “REMIC I Regular Interests”). The “latest possible maturity date” (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the 360th Distribution Date, initial ratings and certain features for each Class of Certificates comprising the interests in the Trust Fund created hereunder. The REMIC I Regular Interests will not be certificated. Uncertificated REMIC I Uncertificated REMIC I Latest Possible Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA Maturity Date AA Variable(1) $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 710,500,025.12 February 25, 2035 IIIA-A-1 6.00% Senior/Super September AAA/NA/AAA I-1 Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 3,826,080.00 February 25, 2035 IIIA-A-2 6.00% Senior/Senior September AAA/NA/AAA I-2 Variable(1) $25,000.00 10,000,000.00 Support/Fixed Rate 425,120.00 February 25, 2035 IIIA-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA II-1 Variable(1) $25,000.00 104,601,000.00 868,000.00 February 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA II-2 Variable(1) $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 645,300.00 February 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA II-3 Variable(1) $2,000,000.00 Rate(4) Only/Variable Rate 126,100.00 February 25, 2035 Class R-I 5.25% M-1 Variable(1) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 416,880.00 February 25, 2035 Class R-III 6.00% M-2 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 217,500.00 February 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA M-3 Variable(1) $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 126,880.00 February 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A M-4 Variable(1) $250,000.00 II-M-2 $5,333,700.00 Rate 126,880.00 February 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB M-5 Variable(1) $250,000.00 II-M-3 $2,909,300.00 Rate 126,880.00 February 25, 2035 Class I-B-1 5.25% M-6 Variable(1) $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 108,750.00 February 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B M-7 Variable(1) $250,000.00 II-B-2 $2,182,000.00 Rate 126,880.00 February 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA M-8 Variable(1) $250,000.00 II-B-3 108,750.00 February 25, 2035 ZZ Variable(1) $1,697,095.41 Rate 7,250,000.51 February 25, 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005-Rs2 Trust)
PRELIMINARY STATEMENT. The Company intends at the Closing Date is the owner of the Mortgage Loans and the other property being conveyed by it to sell mortgage asset-backed pass-through certificates the Trust. On the Closing Date, the Company will acquire the Certificates from the Trust as consideration for its transfer to the Trust of the Mortgage Loans and certain other assets and will be the owner of the Certificates. The Company has duly authorized the execution and delivery of this Agreement to provide for (collectivelyi) the conveyance to the Trust of the Mortgage Loans and certain other assets and (ii) the issuance to the Company of the Certificates, representing in the aggregate the entire beneficial interest in REMIC I. The Company is entering into this Agreement, and the Trustee and the Delaware Trustee are each accepting the trust created hereby, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. The Certificates issued hereunder, other than the Junior Subordinate Certificates, have been offered for sale pursuant to a Prospectus, dated February 21, 2002, and a Prospectus Supplement, dated May 24, 2002, of the Company (together, the "CertificatesProspectus"). The Junior Subordinate Certificates have been offered for sale pursuant to a Private Placement Memorandum, dated May 29, 2002. The Trust created hereunder is intended to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets "Trust" described in the definition of Trust Fund, Prospectus and subject the Private Placement Memorandum and the Certificates are intended to this Agreement (including be the Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") for federal income tax purposes. 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. 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 this Series SupplementCertificates" described therein. The following table sets forth the designation, typetype of interest, Pass-Through Certificate Interest Rate, aggregate initial Class Principal Balance and Final Maturity Date for the Certificates: REMIC I Interests Class Designation for Certificate Initial Certificate Class each Class of Type of Interest Principal BalanceFinal Maturity Certificates Interest Rate (1) Balance Date* --------------------- -------- ----------- --------------- -------------- Class A Regular Variable(2) $937,219,000.00 June 2042 Class B-1 Regular Variable(2) 14,644,000.00 June 2042 Class B-2 Regular Variable(2) 7,322,000.00 June 2042 Class B-3 Regular Variable(2) 7,322,000.00 June 2042 Class B-4 Regular Variable(2) 2,929,000.00 June 2042 Class B-5 Regular Variable(2) 2,929,000.00 June 2042 Class B-6 Regular Variable(2) 3,905,051.47 June 2042 Class R (3) Residual 3.791% 100.00 June 2042 * The Distribution Date in the specified month, Maturity Datewhich is the month following the month the latest maturing Mortgage Loan matures. For federal income tax purposes, initial ratings and certain features for each Class of Certificates comprising REMIC I Regular and Residual Interests, the interests in "latest possible maturity date" shall be the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Final Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Date.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Washington Mutual Mor Sec Corp Mor Ps Thru Cer Ser 2002-Ar6)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classessixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Yield Maintenance Agreement and any payments thereunder) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the Distribution Date immediately succeeding the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. UNCERTIFICATED REMIC I INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE AA Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate $382,200,132.84 September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-2036 A-1 6.00% Senior/Fixed Rate Variable(1) $1,437,340 September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super 2036 A-2 Variable(1) $289,030 September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior 2036 A-3 Variable(1) $1,047,760 September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate 2036 A-4 Variable(1) $657,870 September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal 2036 M-1 Variable(1) $107,250 September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest 2036 M-2 Variable(1) $70,200 September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal 2036 M-3 Variable(1) $40,950 September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest 2036 M-4 Variable(1) $37,050 September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% 2036 M-5 Variable(1) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 29,250 September 25, 2020 Class R-II 6.00% 2036 M-6 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25,350 September 25, 2035 Class R-III 6.00% 2036 M-7 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 23,400 September 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed 2036 M-8 Variable(1) $21,450 September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% 2036 M-9 Variable(1) $327,400.00 Mezzanine/Fixed 39,000 September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% 2036 ZZ Variable(1) $392,900.00 Mezzanine/Fixed 3,974,102.72 September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Rs5 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesfifteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, and the Yield Maintenance Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, typeremittance rate (the "Uncertificated REMIC I Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I INITIAL UNCERTIFICATED ------------------- REMIC I LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT-1 Variable(1) $569,905,532.48 February 25, 2036 LT-2 Variable(1) $ 19,525.68 February 25, 2036 LT-3 0.00% $ 37,747.32 February 25, 2036 LT-4 Variable(1) $ 37,747.32 February 25, 2036 _______________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-Through Rate. REMIC II As provided herein, the REMIC Administrator will make an election to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as REMIC II. The Class R-II Certificates will represent the sole Class of "residual interests" in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, Pass-Through Rate, aggregate Initial Certificate Principal Balance, Maturity Datecertain features, month of Final Scheduled Distribution Date and initial ratings and certain features for each Class of Certificates comprising the interests representing "regular interests" in REMIC II. The "latest possible maturity date" (determined solely for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each Class of REMIC II Regular Interests shall be the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Date.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2006-Emx2 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage assetmortgage-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple twenty-four classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Group I Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be June 25, 2032, which is the Distribution Date eighteen months following the last scheduled monthly payment for any Mortgage Loan. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT-I Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- $ 137,864,883.42 June 25, 2032 LT-I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 IO Variable(1) $ (2) June 25, 2020 II2032 LT-A-1 6.00I-PO 0.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 $ 96,379.00 June 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352032
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesfifteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, and the Yield Maintenance Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, typeremittance rate (the "Uncertificated REMIC I Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I INITIAL UNCERTIFICATED ------------------- REMIC I LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT-1 Variable(1) $ 684,887,002.30 June 25, 2036 LT-2 Variable(1) $ 23,894.18 June 25, 2036 LT-3 0.00% $ 44,605.83 June 25, 2036 LT-4 Variable(1) $ 44,605.83 June 25, 2036 _______________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-Through Rate. REMIC II As provided herein, the REMIC Administrator will make an election to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as REMIC II. Component II of the Class R Certificates will represent the sole Class of "residual interests" in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, Pass-Through Rate, aggregate Initial Certificate Principal Balance, Maturity Datecertain features, month of Final Scheduled Distribution Date and initial ratings and certain features for each Class of Certificates comprising the interests representing "regular interests" in REMIC II. The "latest possible maturity date" (determined solely for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each Class of REMIC II Regular Interests shall be the Trust Fund created hereunderMaturity Date. Designation Month of Final Aggregate Initial Scheduled Pass-Through Aggregate Features(1Certificate Distribution Designation Type Rate Principal Balance Features Date S&P Moody's Class A-1 Regular(1) Maturity Fitch/ Minimum Rate Initial Date Adjustable(2)(3) $255,871,000.00 Senior/Adjustable Fe▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2▇ 2027 AAA Aaa Rate Class A-2 Regular(1) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Adjustable(2)(3) $108,534,000.00 Senior/Fixed Adjustable November 2031 AAA Aaa Rate September AAA/Aaa/NA Class A-3 Regular(1) Adjustable(2)(3) $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% 120,000,000.00 Senior/Fixed Adjustable April 2036 AAA Aaa Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Class A-4 Regular(1) Adjustable(2)(3) $ 41,332,000.00 Senior/Super September AAA/NA/Adjustable June 2036 AAA $25,000.00 220,000,000.00 Senior/Fixed Aaa Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3Class M-1 Regular(1) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4Adjustable(2)(3) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% $ 27,743,000.00 Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Adjustable June 2036 AA+ Aa1 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Regular(1) Adjustable(2)(3) $ 25,002,000.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Adjustable June 2036 AA+ Aa2 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Regular(1) Adjustable(2)(3) $ 14,385,000.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Adjustable June 2036 AA Aa3 Rate 25, 2020 Class 6.00% M-4 Regular(1) Adjustable(2)(3) $ 13,358,000.00 Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Adjustable June 2036 AA- A1 Rate 25, 2035 Class 6.00% M-5 Regular(1) Adjustable(2)(3) $ 12,672,000.00 Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Adjustable June 2036 A+ A2 Rate 25, 2035 Class 6.00% M-6 Regular(1) Adjustable(2)(3) $ 12,330,000.00 Mezzanine/Fixed September NAAdjustable June 2036 A A3 Rate Class M-7 Regular(1) Adjustable(2)(3) $ 11,645,000.00 Mezzanine/NAAdjustable June 2036 A- Baa1 Rate Class M-8 Regular(1) Adjustable(2)(3) $ 10,275,000.00 Mezzanine/Adjustable June 2036 BBB+ Baa2 Rate Class M-9 Regular(1) Adjustable(2)(3) $ 8,563,000.00 Mezzanine/Adjustable June 2036 BBB $250,000.00 II-M-3 $2,909,300.00 Baa3 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 SubordinateSB Regular (4) $ 23,290,108.14 Subordinate June 2036 N/Fixed September BBR N/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035R (4)
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2006-Emx4 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple six classes, which in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund") consisting primarily of the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust the Mortgage Insurance Premium Taxes Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation PassUNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT-I-1 Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2▇▇ ▇▇, ▇▇▇▇ ▇▇-▇-▇ ▇▇▇▇▇▇▇▇(▇) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 November 25, 2020 II2032 LT-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 I-3 Variable(1) ▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇-▇-▇ ▇▇▇▇▇▇▇▇(▇) November 25, 2035 III2032 LT-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate II-1 Variable(1) ▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇-▇▇-▇ ▇▇▇▇▇▇▇▇(▇) November 25, 2035 III2032 LT-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate II-3 Variable(1) ▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇-▇▇-▇ ▇▇▇▇▇▇▇▇(▇) November 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class 2032 R-I 5.25% $100.00 SeniorN/ResidualA N/FixedSeptember AAA/Aaa/NA 75 Rate A November 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352032 ______________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Securities Corp)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined herein). As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust FundREMIC, and subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date THROUGH PRINCIPAL MATURITY FITCH/▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2▇ MINIMUM DESIGNATION RATE BALANCE FEATURES(1) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-DATE S&P DENOMINATIONS(2) February Class A-1 5.2525, 6.50% $300,000,000.00 Senior/Fixed Rate September ▇▇▇▇ ▇▇▇/▇▇▇/▇▇▇ $25,000.00 February Class A-2 25, 6.00% $300,000,000.00 Senior/Fixed Rate ▇▇▇▇ ▇▇▇/▇▇▇/▇▇▇ $25,000.00 February Class A-3 25, 6.25% $165,158,000.00 Senior/ /Fixed Rate ▇▇▇▇ ▇▇▇/▇▇▇/▇▇▇ $25,000.00 February Class A-4 Senior/Super Senior/Fixed 25, 6.25% $19,620,000.00 Rate ▇▇▇▇ ▇▇▇/▇▇▇/▇▇▇ $25,000.00 February Class A-5 6.25% $106,896,000.00 Senior/Super 25, AAA/Aaa/NA AAA $25,000.00 125,510,000.00 25Senior/Lockout/ Fixed Rate 2037 February Class A-6 6.25% $9,063,000.00 ▇▇▇▇▇▇/▇▇▇▇▇▇ ▇▇, 2020 II-A-1 6.00% Senior▇▇▇/▇▇▇/▇▇▇ $25,000.00 Support/Lockout/Fixed Rate September AAA2037 February Class A-P 25, 0.00% 5,290,212.93 Senior/NAPrincipal Only ▇▇▇▇ ▇▇▇/AAA ▇▇▇/▇▇▇ $25,000.00 115,613,000.00 February Class A-V Variable Senior/Interest 25, 2035 III-A-1 6.00Rate(3) $0.00(4) Only/Variable Rate ▇▇▇▇ ▇▇▇/▇▇▇/▇▇▇ $2,000,000.00 February Class P 25, 0.00% $100.00 Senior/Super September AAAPrepayment Charge ▇▇▇▇ ▇▇▇/NA▇▇▇/AAA ▇▇▇ $25,000.00 220,000,000.00 100.00 February Class R 25, 6.25% $200.00 Senior/Residual/Fixed Rate ▇▇▇▇ ▇▇▇/▇▇▇/▇▇▇ (5) February Class M-1 6.25% $32,063,500.00 Mezzanine/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 2037 February Class M-2 6.25% $2,881,400.00 11,173,500.00 Mezzanine/Fixed Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 2037 February Class M-3 6.25% $8,258,700.00 Mezzanine/Fixed Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 2037 February Class B-1 6.25% $5,829,700.00 Subordinate/Fixed Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 $250,000.00 2037 February Class B-2 6.25% $4,372,200.00 Subordinate/Fixed Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 $250,000.00 2037 February Class B-3 6.25% $3,866,523.93 Subordinate/Fixed Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II2037 The Mortgage Loans have an aggregate principal balance as of the Cut-B-3 off Date of $1,697,095.41 Rate 25971,611,636.86. ____________________________ (1) The Certificates, 2035other than the Class B Certificates and Class R Certificates, shall be Book-Entry Certificates. The Class B Certificates and the Class R Certificates shall be delivered to the holders thereof in physical form.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RALI Series 2007-Qs3 Trust)
PRELIMINARY STATEMENT. The Company intends to sell mortgage assetmortgage-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classeseleven Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G 1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each . None of the REMIC I Regular Interests will be certificated. CLASS DESIGNATION FOR EACH REMIC I REGULAR INTEREST AND COMPONENT I INITIAL CLASS OF THE CLASS R TYPE OF CERTIFICATE PRINCIPAL FINAL MATURITY CERTIFICATES INTEREST INTEREST RATE BALANCE DATE* Class of Certificates comprising the interests in the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1Y-1 Regular Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 86,886.22 May 2035 Class R-I 5.25% Y-2 Regular Variable(2) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 45,889.17 May 2035 Class R-III 6.00% Z-1 Regular Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 173,685,544.79 May 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA Z-2 Regular Variable(2) $25,000.00 $2,881,400.00 Rate 25, 2020 91,735,784.76 May 2035 Component I of the Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, R+ Residual Variable(1) $ 100.00 May 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (GMACM Mortgage Loan Trust 2005-Aa1)
PRELIMINARY STATEMENT. The Company intends to sell mortgage assetMortgage Pass-backed pass-through certificates 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 Mortgage Loans Trust Fund (as defined herein) created hereunder. The Trust Fund will consist primarily of the Mortgage Loans, the Certificate Account, the Distribution Account, the Pre-Funding Account and the Capitalized Interest Account (each, as defined herein). As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement REMIC I (including the Mortgage Loansas defined herein), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms Uncertificated REMIC I Regular Interests (as defined herein) will evidence the "regular interests" in REMIC I and provisions the Class R-I Certificates will evidence the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement). The following table irrevocably sets forth the designation, type, Pass-the Uncertificated REMIC I Pass- Through Rate, aggregate Initial Certificate the initial Uncertificated Principal BalanceBalance and, Maturity Datesolely for purposes of satisfying Treasury regulation section 1.860G-1(a)(4)(iii), initial ratings and certain features the "latest possible maturity date" for each Class of Certificates comprising the interests in Uncertificated REMIC I Regular Interests (as defined herein). None of the Trust Fund created hereunderUncertificated REMIC I Regular Interests will be certificated. Uncertificated Initial REMIC I Uncertificated Latest Possible Designation Pass-Through Aggregate Features(1Rate Principal Balance Maturity Date(1) Maturity Fitch/ Minimum Rate Initial Date ---------------------------------------------------------------------------------------------------------------------- I-LT1 Variable(2) $ 244,999,902.00 October 15, ▇▇▇▇ ▇-▇▇'▇ Variable(2) $ 1,925,000.00 October 15, ▇/S&P Denomina- Certificate tions(2▇▇▇ ▇-▇▇▇ Variable(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I$ 193,750.00 October 15, ▇▇▇▇ ▇-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25▇▇▇ Variable(2) $ 137,500.00 October 15, 2020 II▇▇▇▇ ▇-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25▇▇▇ Variable(2) $ 106,250.00 October 15, 2035 III▇▇▇▇ ▇-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25▇▇▇ Variable(2) $ 2,637,498.00 October 15, 2035 III▇▇▇▇ ▇-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25▇▇▇ (3) $ 100.00 October 15, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352029 ---------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (WMC Secured Assets Corp WMC Mort Pass THR Cert Ser 1999-A)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed 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 Mortgage Loans each REMIC (as defined herein) created hereunder. The Trust Fund will consist of a segregated pool of assets comprised of the Mortgage Loans and certain other related assets subject to this Agreement. REMIC I As provided herein, the REMIC Administrator Trustee will make an election elect to treat the entire segregated pool of assets described in consisting of the definition of Trust FundMortgage Loans and certain other related assets (other than the Servicer Prepayment Charge Payment Amount, the Net WAC Rate Carryover Reserve Account and the Cap Contracts) subject to this Agreement (including the Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") REMIC for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Interest will be the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement). The following table irrevocably sets forth the designation, type, Pass-Through the REMIC I Remittance Rate, aggregate Initial Certificate Principal Balancethe initial Uncertificated Balance and, Maturity Datesolely for purposes of satisfying Treasury regulation section 1.860G-1(a)(4)(iii), initial ratings and certain features the "latest possible maturity date" for each Class of Certificates comprising the interests in REMIC I Regular Interests (as defined herein). None of the Trust Fund created hereunderREMIC I Regular Interests will be certificated. REMIC I Initial Latest Possible --------------------------- -------------------------- --------------------------- Designation Pass-Through Aggregate Features(1Remittance Rate Uncertificated Balance Maturity Date(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 LTAA Variable(2) $ 319,941,982.04 October 25, 2020 II2034 I-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 LTA1 Variable(2) $ 1,958,780.00 October 25, 2035 III2034 I-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate LTA2 Variable(2) $ 718,280.00 October 25, 2035 III2034 I-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate LTM1 Variable(2) $ 106,100.00 October 25, 2035 III2034 I-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 LTM2 Variable(2) $ 68,555.00 October 25, 2035 2034 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only LTM3 Variable(2) $ 65,295.00 October 25, 2020 2034 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3LTM4 Variable(2) Only/Variable Rate $ 52,235.00 October 25, 2020 II2034 I-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only LTM5 Variable(2) $ 50,600.00 October 25, 2035 II2034 I-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4LTM6 Variable(2) Only/Variable Rate $ 32,645.00 October 25, 2035 Class R2034 I-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate LTM7 Variable(2) $ 32,645.00 October 25, 2020 Class R2034 I-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate LTM8 Variable(2) $ 16,325.00 October 25, 2035 Class R2034 I-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate LTM9 Variable(2) $ 35,905.00 October 25, 2035 Class 2034 I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate LTM10 Variable(2) $ 16,320.00 October 25, 2020 Class 2034 I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate LTM11 Variable(2) $ 32,645.00 October 25, 2020 Class 2034 I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate LTM12 Variable(2) $ 8,190.00 October 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352034
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust, Series 2004-Res1)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "“Certificates"”), to be issued hereunder in multiple classessixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, and the Hedge Agreements) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "“REMIC"”) for federal income tax purposes. , and such segregated pool of assets will be designated as “REMIC I.” The terms and provisions Class R-I Certificates will represent the sole Class of “residual interests” in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the “Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ”) and initial Uncertificated Principal Balance, Balance for each of the “regular interests” in REMIC I (the “REMIC I Regular Interests”). The “latest possible maturity date” (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation PassUncertificated INITIAL UNCERTIFICATED REMIC I REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT1 Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2$414,309,777.72 May 2035 LT2 Variable(1) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, $ 5,560.97 May 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P LT3 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3$ 35,877.74 May 2035 LT4 Variable(1) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, $ 35,877.74 May 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035______________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2005-Ks4 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple twenty-two classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust the Reserve Fund, the Swap Account and the Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Balance for the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the 360th Distribution Date, initial ratings and certain features for each Class of Certificates comprising the interests in the Trust Fund created hereunder. The REMIC I Regular Interests will not be certificated. Uncertificated REMIC I Uncertificated Principal Latest Possible Designation Pass-Through Aggregate Features(1Rate Balance Maturity Date A-I Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 $ 2,500,410.70 May 25, 2035 IIII-1-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate A Variable(1) $ 9,088,787.47 May 25, 2035 IIII-1-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate B Variable(1) $ 9,088,787.47 May 25, 2035 IIII-2-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 A Variable(1) $ 8,847,280.39 May 25, 2035 II-2-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3B Variable(1) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only $ 8,847,280.39 May 25, 2035 III-3-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4A Variable(1) Only/Variable Rate $ 8,620,582.82 May 25, 2035 Class RI-3-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate B Variable(1) $ 8,620,582.82 May 25, 2035 Class RI-4-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate A Variable(1) $ 8,407,096.88 May 25, 2035 Class II-4-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate B Variable(1) $ 8,407,096.88 May 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/I-5-A $250,000.00 II-M-2 $5,333,700.00 Rate Variable(1) $ 8,205,116.89 May 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 III-5-M-3 $2,909,300.00 Rate B Variable(1) $ 8,205,116.89 May 25, 2035 Class II-6-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate A Variable(1) $ 8,013,172.23 May 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/I-49-B $250,000.00 II-B-2 $2,182,000.00 Rate Variable(1) $ 439,838.74 May 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 III-50-B-3 $1,697,095.41 Rate A Variable(1) $ 425,398.74 May 25, 20352035 I-50-B Variable(1) $ 425,398.74 May 25, 2035 I-51-A Variable(1) $ 411,440.84 May 25, 2035 I-51-B Variable(1) $ 411,440.84 May 25, 2035 I-52-A Variable(1) $ 397,948.60 May 25, 2035 I-52-B Variable(1) $ 397,948.60 May 25, 2035 I-53-A Variable(1) $ 384,906.13 May 25, 2035 I-53-B Variable(1) $ 384,906.13 May 25, 2035 I-54-A Variable(1) $ 372,298.11 May 25, 2035 I-54-B Variable(1) $ 372,298.11 May 25, 2035 I-55-A Variable(1) $ 360,109.74 May 25, 2035 I-55-B Variable(1) $ 360,109.74 May 25, 2035 I-56-A Variable(1) $ 348,002.37 May 25, 2035 I-56-B Variable(1) $ 348,002.37 May 25, 2035 I-57-A Variable(1) $ 336,628.64 May 25, 2035 I-57-B Variable(1) $ 336,628.64 May 25, 2035 I-58-A Variable(1) $ 325,561.04 May 25, 2035 I-58-B Variable(1) $ 325,561.04 May 25, 2035 I-59-A Variable(1) $ 315,644.50 May 25, 2035 I-59-B Variable(1) $ 315,644.50 May 25, 2035 I-60-A Variable(1) $ 8,170,187.79 May 25, 2035 I-60-B Variable(1) $ 8,170,187.79 May 25, 2035 _____________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005-Rs5 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple eleven classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, Pass-Through remittance rate (the "REMIC I Remittance Rate, aggregate Initial Certificate Principal Balance, Maturity Date, ") and initial ratings and certain features Uncertificated Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 360th Distribution Date. None of the REMIC I Regular Interests will be certificated. REMIC I Initial Uncertificated Latest Possible Designation Pass-Through Aggregate Features(1Remittance Rate Balance Maturity Date ---------------- ------------------------------ -------------------------- -------------------------- LT1 Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 $ 171,500,107.40 December 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 2030 LT2 Variable(1) $ 232,930.00 December 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 2030 LT3 Variable(1) $ 274,380.00 December 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 2030 LT4 Variable(1) $ 248,060.00 December 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 2030 LT5 Variable(1) $ 431,250.00 December 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 2030 LT6 Variable(1) $ 344,630.00 December 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(32030 LT7 Variable(1) Only/Variable Rate $ 105,000.00 December 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 2030 LT8 Variable(1) $ 56,880.00 December 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(42030 LT9 Variable(1) Only/Variable Rate $ 48,120.00 December 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 2030 LT10 Variable(1) $ 1,758,752.20 December 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352030
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classeseight classes (each, a "Class"), which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans Trust Fund (as defined herein), consisting primarily of the Mortgage Loans, the Pre-Funding Accounts and the Interest Coverage Accounts (each, as defined herein). As provided herein, the REMIC Administrator Trustee will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, REMIC I (as defined herein) and subject to this Agreement (including the Mortgage Loans), Loans but excluding the Pre-Funding Accounts and the Interest Coverage Accounts) as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. purposes and such segregated pool of assets will be designated as "REMIC I." The terms Uncertificated REMIC I Regular Interests (as defined herein) will be "regular interests" in REMIC I and provisions the Class R-I Certificates will be the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined herein. If any term or provision contained herein shall conflict with or be inconsistent with any provision contained in ) under the Standard Terms, the terms and provisions of this Series Supplement shall govern. 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 this Series Supplementfederal income tax law. The following table irrevocably sets forth the designation, type, Pass-Through the REMIC I Remittance Rate, aggregate Initial Certificate Principal Balancethe initial Uncertificated Balance and, Maturity Datesolely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the "latest possible maturity date" for each Class of Certificates comprising the interests in REMIC I Regular Interests. None of the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation PassREMIC I Initial Latest Possible DESIGNATION REMITTANCE RATE UNCERTIFICATED BALANCE MATURITY DATE(1) ----------- --------------- ---------------------- ---------------- LT-Through Aggregate Features(1AYI Variable(2) Maturity Fitch/ Minimum Rate Initial Date $264,600,000.00 January 25, ▇▇▇▇ ▇▇'-▇/S&P Denomina- Certificate tions(2▇▇ Variable(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 $ 29,400,000.00 January 25, 2020 II2028 LT-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA AYII Variable(2) $25,000.00 115,613,000.00 135,000,000.00 January 25, 2035 III2028 LT-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate AZII Variable(2) $ 15,000,000.00 January 25, 2035 III2028 LT-A-2 6.00% Senior/Senior September AAA/NA/AAA FY Variable(2) $25,000.00 10,000,000.00 Support/Fixed Rate 140,400,000.00 January 25, 2035 III2028 LT-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 FZ Variable(2) $ 15,600,000.00 January 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352028 -----------------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Southern Pacific Secured Assets Corp)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed 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 Mortgage Loans each REMIC (as defined herein) created hereunder. The Trust Fund will consist of a segregated pool of assets comprising of the Mortgage Loans, the Pre-Funding Account and the Interest Coverage Account (each as defined herein) and certain other related assets subject to this Agreement. As provided herein, the REMIC Administrator Trustee will make an election elect to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including other than the Mortgage Loans), Pre-Funding Account and the Interest Coverage Account) as three real estate mortgage investment conduits a REMIC (each, a "REMIC"as defined herein) for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will be the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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 will have an initial Certificate Principal Balance of this Series Supplement shall govern. All capitalized terms not otherwise defined herein shall have the meanings set forth in the Standard Terms. The Pooling $100 and Servicing Agreement shall be dated as a fixed Pass-Through Rate of the date of this Series Supplement6.75% per annum. The following table irrevocably sets forth the designation, type, Pass-Through the REMIC I Remittance Rate, aggregate Initial Certificate Principal Balancethe initial Uncertificated Balance and, Maturity Datesolely for purposes of satisfying Treasury regulation Section 1.860G- 1(a)(4)(iii), initial ratings and certain features the "latest possible maturity date" for each Class of Certificates comprising the interests in REMIC I Regular Interests (as defined herein). None of the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Initial REMIC I Uncertificated Latest Possible Designation PassRemittance Rate Balance Maturity Date(1) ----------- --------------- ------- ---------------- I-Through Aggregate Features(1LT1 Variable(2) Maturity Fitch/ Minimum Rate Initial Date $464,519,808.00 August 25, 2028 I-LT2 Variable(2) $ 1,490,800.00 August 25, ▇▇▇▇ ▇-▇▇▇ Variable(2) $ 700,940.00 August 25, ▇▇▇▇ ▇-▇▇▇ Variable(2) $ 649,900.00 August 25, ▇▇▇▇ ▇-▇▇▇ Variable(2) $ 390,250.00 August 25, ▇▇▇▇ ▇-▇▇▇ Variable(2) $ 323,110.00 August 25, ▇▇▇▇ ▇-▇▇▇ Variable(2) $ 474,000.00 August 25, ▇▇▇▇ ▇-▇▇▇ Variable(2) $ 236,990.00 August 25, ▇▇▇▇ ▇-▇▇▇ Variable(2) $ 165,900.00 August 25, 2028 I-LT10 Variable(2) $ 237,000.00 August 25, 2028 I-LT11 Variable(2) $ 4,811,102.00 ▇▇▇▇▇'▇ ▇/S&P Denomina- Certificate tions(2▇, ▇▇▇▇ ▇-▇▇▇ (3) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 $ 100.00 August 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352028 -----------------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Mort Pa THR Cert Ser 1998-Wfc1)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a the "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation Aggregate Initial Fitch/ Pass-Through Aggregate Features(1) Certificate Maturity Fitch/ ----------- Minimum Designation Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25Features1 Date Moody's Denominations2 Class CB 5.00% $108,728,000.00 Senior/Fixed Rate September 25, 2019 AAA/Aaa/NA Aaa $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00Class NB 5.00% $16,347,000.00 Senior/Fixed Rate September 25, 2019 AAA/NA/AAA Aaa $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-Class A-P 0.00% $731,147.27 Senior/Principal Only September 25, 2019 AAA/Aaa/NA Aaa $25,000.00 1,302,649.20 Only 25, 2020 I-Class A-V Variable $0.00 Senior//Interest Senior/Interest Only/ September 25, 2019 AAA/Aaa/NA $Aaa 2,000,000.00 Rate(3) Only/Rate3 Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25R 5.00% $100.00 Senior/Residual/FixedSeptember Fixed September 25, 2019 AAA/Aaa/NA 75 Aaa 4 Rate 25, 2020 Class R-II 6.00M-1 5.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% 2,197,800.00 Mezzanine/Fixed Rate September 25, 2019 AA/NA $25,000.00 Class M-2 5.00% $258,300.00 Mezzanine/Fixed Rate September 25, 2019 A/NA $250,000.00 Class M-3 5.00% $387,500.00 Mezzanine/Fixed Rate September 25, 2019 BBB/NA $250,000.00 Class B-1 5.00% $193,800.00 Subordinate/Fixed Rate September 25, 2019 BB/NA $250,000.00 Class B-2 5.00% $129,200.00 Subordinate/Fixed Rate September 25, 2019 B/NA $250,000.00 Class B-3 5.00% $193,807.24 Subordinate/Fixed Rate September 25, 2019 NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035250,000.00
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RALI Series 2004-Qs13 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple eighteen classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, and the Yield Maintenance Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, Pass-remittance rate (the "Uncertificated REMIC I Pass Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Uncertificated Initial Uncertificated REMIC I REMIC I Latest Possible Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA Maturity Date LT1 Variable(1) $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 204,963,186.45 January 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate LT2 Variable(1) $ 4,183.45 January 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate LT3 Variable(1) $ 16,316.55 January 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3LT4 Variable(1) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate $ 16,316.55 January 25, 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005-Rz1 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classeseighteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Swap Account and the Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I INITIAL UNCERTIFICATED LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE I-1-A Variable(1) $ 5,328,999.97 April 2036 I-2-A Variable(1) $ 7,272,958.85 April 2036 I-3-A Variable(1) $ 9,225,640.45 April 2036 I-4-A Variable(1) $11,171,531.345 April 2036 I-5-A Variable(1) $13,086,909.615 April 2036 I-6-A Variable(1) $14,942,027.17 April 2036 I-7-A Variable(1) $16,722,224.045 April 2036 I-8-A Variable(1) $18,362,427.385 April 2036 I-9-A Variable(1) $19,484,018.435 April 2036 I-10-A Variable(1) $20,148,326.86 April 2036 I-11-A Variable(1) $20,362,987.82 April 2036 I-12-A Variable(1) $19,493,769.84 April 2036 I-13-A Variable(1) $18,577,256.375 April 2036 I-14-A Variable(1) $17,703,184.385 April 2036 I-15-A Variable(1) $16,903,623.08 April 2036 I-16-A Variable(1) $16,207,765.265 April 2036 I-17-A Variable(1) $15,495,054.155 April 2036 I-18-A Variable(1) $14,936,769.395 April 2036 I-19-A Variable(1) $14,792,764.685 April 2036 I-20-A Variable(1) $16,201,590.77 April 2036 I-21-A Variable(1) $17,504,363.835 April 2036 I-22-A Variable(1) $22,743,014.94 April 2036 I-23-A Variable(1) $20,896,101.725 April 2036 I-24-A Variable(1) $18,470,324.545 April 2036 I-25-A Variable(1) $15,603,781.395 April 2036 I-26-A Variable(1) $13,003,063.23 April 2036 I-27-A Variable(1) $ 8,835,486.37 April 2036 I-28-A Variable(1) $ 8,059,179.12 April 2036 I-29-A Variable(1) $ 7,611,513.835 April 2036 I-30-A Variable(1) $ 5,865,245.605 April 2036 I-31-A Variable(1) $ 6,102,103.46 April 2036 I-32-A Variable(1) $ 5,765,677.61 April 2036 I-33-A Variable(1) $ 5,448,383.495 April 2036 I-34-A Variable(1) $ 5,149,153.21 April 2036 I-35-A Variable(1) $ 4,866,414.355 April 2036 I-36-A Variable(1) $ 4,600,172.885 April 2036 I-37-A Variable(1) $ 4,349,252.905 April 2036 I-38-A Variable(1) $ 4,112,513.00 April 2036 I-39-A Variable(1) $ 3,889,143.465 April 2036 I-40-A Variable(1) $ 3,678,382.375 April 2036 I-41-A Variable(1) $ 3,479,484.72 April 2036 I-42-A Variable(1) $ 3,291,773.635 April 2036 I-43-A Variable(1) $ 3,114,602.58 April 2036 I-44-A Variable(1) $ 2,983,028.63 April 2036 I-45-A Variable(1) $55,070,509.18 April 2036 I-1-B Variable(1) $ 5,328,999.97 April 2036 I-2-B Variable(1) $ 7,272,958.85 April 2036 I-3-B Variable(1) $ 9,225,640.45 April 2036 I-4-B Variable(1) $11,171,531.345 April 2036 I-5-B Variable(1) $13,086,909.615 April 2036 I-6-B Variable(1) $14,942,027.17 April 2036 I-7-B Variable(1) $16,722,224.045 April 2036 I-8-B Variable(1) $18,362,427.385 April 2036 I-9-B Variable(1) $19,484,018.435 April 2036 I-10-B Variable(1) $20,148,326.86 April 2036 I-11-B Variable(1) $20,362,987.82 April 2036 I-12-B Variable(1) $19,493,769.84 April 2036 I-13-B Variable(1) $18,577,256.375 April 2036 I-14-B Variable(1) $17,703,184.385 April 2036 I-15-B Variable(1) $16,903,623.08 April 2036 I-16-B Variable(1) $16,207,765.265 April 2036 I-17-B Variable(1) $15,495,054.155 April 2036 I-18-B Variable(1) $14,936,769.395 April 2036 I-19-B Variable(1) $14,792,764.685 April 2036 I-20-B Variable(1) $16,201,590.77 April 2036 I-21-B Variable(1) $17,504,363.835 April 2036 I-22-B Variable(1) $22,743,014.94 April 2036 I-23-B Variable(1) $20,896,101.725 April 2036 I-24-B Variable(1) $18,470,324.545 April 2036 I-25-B Variable(1) $15,603,781.395 April 2036 I-26-B Variable(1) $13,003,063.23 April 2036 I-27-B Variable(1) $ 8,835,486.37 April 2036 I-28-B Variable(1) $ 8,059,179.12 April 2036 I-29-B Variable(1) $ 7,611,513.835 April 2036 I-30-B Variable(1) $ 5,865,245.605 April 2036 I-31-B Variable(1) $ 6,102,103.46 April 2036 I-32-B Variable(1) $ 5,765,677.61 April 2036 I-33-B Variable(1) $ 5,448,383.495 April 2036 I-34-B Variable(1) $ 5,149,153.21 April 2036 I-35-B Variable(1) $ 4,866,414.355 April 2036 I-36-B Variable(1) $ 4,600,172.885 April 2036 I-37-B Variable(1) $ 4,349,252.905 April 2036 I-38-B Variable(1) $ 4,112,513.00 April 2036 I-39-B Variable(1) $ 3,889,143.465 April 2036 I-40-B Variable(1) $ 3,678,382.375 April 2036 I-41-B Variable(1) $ 3,479,484.72 April 2036 I-42-B Variable(1) $ 3,291,773.635 April 2036 I-43-B Variable(1) $ 3,114,602.58 April 2036 I-44-B Variable(1) $ 2,983,028.63 April 2036 I-45-B Variable(1) $55,070,509.18 April 2036 I Variable(1) $ 84,895.83 April 2036 II Variable(1) $ 30,104.17 April 2036 A-I Variable(1) $28,060,001.77 April 2036 _______________ (1) Calculated as provided in the Trust Fund created hereunder. Designation definition of Uncertificated REMIC I Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2006-Ks3 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple fourteen classes, which in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund") consisting primarily of the Mortgage Loans (as defined herein) and the Reserve Fund (as described herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust the Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, Pass-remittance rate (the "Uncertificated REMIC I Pass- Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 360th Distribution Date. None of the REMIC I Regular Interests will be certificated. Uncertificated REMIC I Initial Uncertificated Latest Possible Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 Maturity Date ------------- ------------------------ ---------------------- ---------------------- LT-1 Variable(1) $ 175,001,206.00 August 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 2031 LT-2 Variable(1) $ 5,000,000.00 August 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 2031 LT-3 Variable(1) $ 5,000,000.00 August 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 2031 LT-4 Variable(1) $ 5,000,000.00 August 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 2031 LT-5 Variable(1) $ 5,000,000.00 August 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 2031 LT-6 Variable(1) $ 20,000,000.00 August 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352031 R-1 - $ - -------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple nineteen classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Group I Loans and certain other related assets (exclusive of Trust the Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, Pass-remittance rate (the "Uncertificated REMIC I Pass- Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 360th Distribution Date. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- ITHROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 Variable(1) $ 283,513,172.07 January 25, 2020 II2032 LT-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 A-2 Variable(1) $ 32,275,000.00 January 25, 2035 III2032 LT-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate A-3 Variable(1) $ 8,226,000.00 January 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352032 ---------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple fifteen classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator Trustee will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust the Corridor Contracts, the Carryover Reserve Fund and the Excess Net WAC Rate Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Interest will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 363th Distribution Date. None of the REMIC I Regular Interests will be certificated. Uncertificated REMIC I Uncertificated Principal Latest Possible Maturity Designation Pass-Through Aggregate Features(1Rate Balance Date ----------- ----------------- ------- ---- LT-1 (1) Maturity Fitch/ Minimum Rate Initial Date $315,886,479.36 January 2035 LT-1PF (▇) $102,956,895.61 January 2035 LT-2 (1) $ 97,115,801.72 January 2035 LT-2PF (▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, $ 34,040,823.31 January 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-ALT-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I(▇) $ 100.00 January 2035 LT-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3R (1) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $$ 100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, January 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Cwabs Inc Asset Backed Certificates Series 2004-Ecc2)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesfifteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, and the Yield Maintenance Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, typeremittance rate (the "Uncertificated REMIC I Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date. None of the REMIC I Regular Interests will be certificated. Uncertificated REMIC I Initial Uncertificated REMIC I Latest Possible Designation Pass-Through Rate Principal Balance Maturity Date __________________________________________________________________________________________________________________ LT-1 Variable(1) $ 519,913,500.29 August 25, 2036 LT-2 Variable(1) $ 17,394.27 August 25, 2036 LT-3 0.00% $ 34,605.74 August 25, 2036 LT-4 Variable(1) $ 34,605.74 August 25, 2036 _______________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-Through Rate. REMIC II As provided herein, the REMIC Administrator will make an election to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as REMIC II. Component II of the Class R Certificates will represent the sole Class of "residual interests" in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, Pass-Through Rate, aggregate Initial Certificate Principal Balance, Maturity Datecertain features, month of Final Scheduled Distribution Date and initial ratings and certain features for each Class of Certificates comprising the interests representing "regular interests" in REMIC II. The "latest possible maturity date" (determined solely for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each Class of REMIC II Regular Interests shall be the Trust Fund created hereunderMaturity Date. Aggregate Initial Month of Certificate Principal Final Scheduled Designation Type Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Balance Features Distribution Date _________________________________________________________________________________________________________________________ S&P ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2▇ ___________________ Class A-1 Regular(1) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Adjustable(2)(3) $ 201,532,000.00 Senior/Fixed Adjustable Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% May 2030 AAA Aaa Class A-2 Regular(1) Adjustable(2)(3) $ 78,639,000.00 Senior/Fixed Adjustable Rate September AAA/NA/February 2035 AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Aaa Class A-3 Regular(1) Adjustable(2)(3) $ 81,129,000.00 Senior/Super September AAA/NA/Adjustable Rate June 2036 AAA $25,000.00 220,000,000.00 Aaa Class A-4 Regular(1) Adjustable(2)(3) $ 30,000,000.00 Senior/Fixed Adjustable Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/August 2036 AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3Aaa Class M-1 Regular(1) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4Adjustable(2)(3) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% $ 23,140,000.00 Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Adjustable Rate 25, 2020 August 2036 AA+ Aa1 Class I-M-2 5.25% $327,400.00 Regular(1) Adjustable(2)(3) $ 22,620,000.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Adjustable Rate 25, 2020 August 2036 AA Aa2 Class I-M-3 5.25% $392,900.00 Regular(1) Adjustable(2)(3) $ 11,180,000.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Adjustable Rate 25, 2020 August 2036 AA- Aa3 Class 6.00% M-4 Regular(1) Adjustable(2)(3) $ 10,400,000.00 Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Adjustable Rate 25, 2035 August 2036 A+ A1 Class 6.00% M-5 Regular(1) Adjustable(2)(3) $ 9,620,000.00 Mezzanine/Fixed September NA/NA/Adjustable Rate August 2036 A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 A2 Class 6.00% M-6 Regular(1) Adjustable(2)(3) $ 6,500,000.00 Mezzanine/Fixed September NAAdjustable Rate August 2036 A- A3 Class M-7 Regular(1) Adjustable(2)(3) $ 7,280,000.00 Mezzanine/NAAdjustable Rate August 2036 BBB+ Baa1 Class M-8 Regular(1) Adjustable(2)(3) $ 5,720,000.00 Mezzanine/Adjustable Rate August 2036 BBB $250,000.00 II-M-3 $2,909,300.00 Baa2 Class M-9 Regular(1) Adjustable(2)(3) $ 7,540,000.00 Mezzanine/Adjustable Rate 25, 2035 August 2036 BBB- Baa2 Class I-B-1 5.25% $196,400.00 SubordinateSB Regular (4) (4) $ 24,700,106.05 ▇▇▇▇▇▇▇▇▇▇▇ ▇/Fixed September BB▇ ▇/NA▇ ▇/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035▇ _______________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2006-Emx7 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple six classes, which in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund") consisting primarily of the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation Uncertificated REMIC I Initial Uncertificated Latest Possible Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA Maturity Date LTA Variable(1) $25,000.00 125,510,000.00 379,948,000 November 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA 2032 LTB1 Variable(1) $25,000.00 115,613,000.00 8,139,000 November 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2032 LTB2 Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 11,531,000 November 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA 2032 LTB3 Variable(1) $25,000.00 10,000,000.00 Support/Fixed Rate 14,922,000 November 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2032 LTB4 Variable(1) $25,000.00 104,601,000.00 13,565,000 November 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2032 LTB5 Variable(1) $25,000.00 1,302,649.20 Only 11,530,000 November 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2032 LTB6 Variable(1) $2,000,000.00 Rate(3) Only/Variable Rate 10,174,000 November 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA 2032 LTB7 Variable(1) $25,000.00 7,998,673.73 Only 8,139,000 November 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA 2032 LTB8 Variable(1) $2,000,000.00 Rate(4) Only/Variable Rate 6,783,000 November 25, 2035 Class R-I 5.25% 2032 LTB9 Variable(1) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 5,426,000 November 25, 2020 Class R-II 6.00% 2032 LTB10 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 29,843,000 November 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352032 ____________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesfifteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of the Supplemental Interest Trust Fund, Account and the Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G 1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE I-1-A Variable(1) $ 1,741,782.210 October 2036 I-2-A Variable(1) $ 2,490,950.815 October 2036 I-3-A Variable(1) $ 3,243,516.235 October 2036 I-4-A Variable(1) $ 3,989,312.935 October 2036 I-5-A Variable(1) $ 4,737,309.250 October 2036 I-6-A Variable(1) $ 5,472,590.435 October 2036 I-7-A Variable(1) $ 6,186,565.375 October 2036 I-8-A Variable(1) $ 6,881,872.425 October 2036 I-9-A Variable(1) $ 7,503,654.285 October 2036 I-10-A Variable(1) $ 7,910,094.955 October 2036 I-11-A Variable(1) $ 8,062,314.885 October 2036 I-12-A Variable(1) $ 7,768,390.740 October 2036 I-13-A Variable(1) $ 7,482,415.635 October 2036 I-14-A Variable(1) $ 7,210,199.990 October 2036 I-15-A Variable(1) $ 6,948,961.780 October 2036 I-16-A Variable(1) $ 6,696,314.695 October 2036 I-17-A Variable(1) $ 6,454,618.365 October 2036 I-18-A Variable(1) $ 6,220,047.620 October 2036 I-19-A Variable(1) $ 5,998,936.755 October 2036 I-20-A Variable(1) $ 5,790,160.785 October 2036 I-21-A Variable(1) $ 7,019,874.820 October 2036 I-22-A Variable(1) $ 9,398,920.050 October 2036 I-23-A Variable(1) $ 8,722,804.795 October 2036 I-24-A Variable(1) $ 8,085,325.590 October 2036 I-25-A Variable(1) $ 7,506,787.750 October 2036 I-26-A Variable(1) $ 6,221,275.930 October 2036 I-27-A Variable(1) $ 4,384,921.475 October 2036 I-28-A Variable(1) $ 4,199,963.305 October 2036 I-29-A Variable(1) $ 4,022,937.135 October 2036 I-30-A Variable(1) $ 3,853,803.085 October 2036 I-31-A Variable(1) $ 3,692,046.030 October 2036 I-32-A Variable(1) $ 3,537,335.665 October 2036 I-33-A Variable(1) $ 3,389,356.735 October 2036 I-34-A Variable(1) $ 3,247,803.720 October 2036 I-35-A Variable(1) $ 3,111,757.685 October 2036 I-36-A Variable(1) $ 2,981,413.045 October 2036 I-37-A Variable(1) $ 946,706.550 October 2036 I-38-A Variable(1) $ 2,452,526.990 October 2036 I-39-A Variable(1) $ 2,351,232.000 October 2036 I-40-A Variable(1) $ 2,254,211.660 October 2036 I-41-A Variable(1) $ 2,161,445.415 October 2036 I-42-A Variable(1) $ 2,072,663.435 October 2036 I-43-A Variable(1) $ 1,987,685.850 October 2036 I-44-A Variable(1) $ 1,906,344.430 October 2036 I-45-A Variable(1) $ 1,828,478.565 October 2036 I-46-A Variable(1) $ 1,753,917.455 October 2036 I-47-A Variable(1) $ 1,682,550.950 October 2036 I-48-A Variable(1) $ 1,614,233.565 October 2036 I-49-A Variable(1) $ 1,548,804.360 October 2036 I-50-A Variable(1) $ 1,486,149.855 October 2036 I-51-A Variable(1) $ 1,426,148.255 October 2036 I-52-A Variable(1) $ 1,368,683.250 October 2036 I-53-A Variable(1) $ 1,313,643.735 October 2036 I-54-A Variable(1) $ 1,260,923.625 October 2036 I-55-A Variable(1) $ 1,210,421.570 October 2036 I-56-A Variable(1) $ 1,162,043.600 October 2036 I-57-A Variable(1) $ 1,115,690.940 October 2036 I-58-A Variable(1) $ 1,072,197.925 October 2036 I-59-A Variable(1) $ 1,029,754.675 October 2036 I-60-A Variable(1) $ 26,382,010.295 October 2036 I-1-B Variable(1) $ 1,741,782.210 October 2036 I-2-B Variable(1) $ 2,490,950.815 October 2036 I-3-B Variable(1) $ 3,243,516.235 October 2036 I-4-B Variable(1) $ 3,989,312.935 October 2036 I-5-B Variable(1) $ 4,737,309.250 October 2036 I-6-B Variable(1) $ 5,472,590.435 October 2036 I-7-B Variable(1) $ 6,186,565.375 October 2036 I-8-B Variable(1) $ 6,881,872.425 October 2036 I-9-B Variable(1) $ 7,503,654.285 October 2036 I-10-B Variable(1) $ 7,910,094.955 October 2036 I-11-B Variable(1) $ 8,062,314.855 October 2036 I-12-B Variable(1) $ 7,768,390.740 October 2036 I-13-B Variable(1) $ 7,482,415.635 October 2036 I-14-B Variable(1) $ 7,210,199.990 October 2036 I-15-B Variable(1) $ 6,948,961.780 October 2036 I-16-B Variable(1) $ 6,696,314.695 October 2036 I-17-B Variable(1) $ 6,454,618.365 October 2036 I-18-B Variable(1) $ 6,220,047.620 October 2036 I-19-B Variable(1) $ 5,998,936.755 October 2036 I-20-B Variable(1) $ 5,790,160.785 October 2036 I-21-B Variable(1) $ 7,019,874.820 October 2036 I-22-B Variable(1) $ 9,398,920.050 October 2036 I-23-B Variable(1) $ 8,722,804.795 October 2036 I-24-B Variable(1) $ 8,085,325.590 October 2036 I-25-B Variable(1) $ 7,506,787.750 October 2036 I-26-B Variable(1) $ 6,221,275.930 October 2036 I-27-B Variable(1) $ 4,384,921.475 October 2036 I-28-B Variable(1) $ 4,199,963.305 October 2036 I-29-B Variable(1) $ 4,022,937.135 October 2036 I-30-B Variable(1) $ 3,853,803.085 October 2036 I-31-B Variable(1) $ 3,692,046.030 October 2036 I-32-B Variable(1) $ 3,537,335.665 October 2036 I-33-B Variable(1) $ 3,389,356.735 October 2036 I-34-B Variable(1) $ 3,247,803.720 October 2036 I-35-B Variable(1) $ 3,111,757.685 October 2036 I-36-B Variable(1) $ 2,981,413.045 October 2036 I-37-B Variable(1) $ 946,706.550 October 2036 I-38-B Variable(1) $ 2,452,526.990 October 2036 I-39-B Variable(1) $ 2,351,232.000 October 2036 I-40-B Variable(1) $ 2,254,211.660 October 2036 I-41-B Variable(1) $ 2,161,445.415 October 2036 I-42-B Variable(1) $ 2,072,663.435 October 2036 I-43-B Variable(1) $ 1,987,685.850 October 2036 I-44-B Variable(1) $ 1,906,344.430 October 2036 I-45-B Variable(1) $ 1,828,478.565 October 2036 I-46-B Variable(1) $ 1,753,917.455 October 2036 I-47-B Variable(1) $ 1,682,550.950 October 2036 I-48-B Variable(1) $ 1,614,233.565 October 2036 I-49-B Variable(1) $ 1,548,804.360 October 2036 I-50-B Variable(1) $ 1,486,149.855 October 2036 I-51-B Variable(1) $ 1,426,148.255 October 2036 I-52-B Variable(1) $ 1,368,683.250 October 2036 I-53-B Variable(1) $ 1,313,643.735 October 2036 I-54-B Variable(1) $ 1,260,923.625 October 2036 I-55-B Variable(1) $ 1,210,421.570 October 2036 I-56-B Variable(1) $ 1,162,043.600 October 2036 I-57-B Variable(1) $ 1,115,690.940 October 2036 I-58-B Variable(1) $ 1,072,197.925 October 2036 I-59-B Variable(1) $ 1,029,754.675 October 2036 I-60-B Variable(1) $ 26,382,010.295 October 2036 A-I Variable(1) $ 19,890,963.490 October 2036 _______________ (1) Calculated as provided in the definition of Uncertificated REMIC I 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. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2006-Ks8 Trust)
PRELIMINARY STATEMENT. The Company intends to sell mortgage assetmortgage-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classessixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust FundGroup 1 Loans, Group 2 Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component 1 of the Standard Terms are hereby incorporated by reference herein as though set forth Class R-I Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features . None of the REMIC I Regular Interests will be certificated. REMIC I INTERESTS Class Designation for each REMIC I Regular Interest Certificate Initial Class and the Class R-1 Type of Certificates comprising Interest Principal Residual Interest Interest Rate Balance Final Maturity Date* ------------------ --------- ---------------- ---------------- -------------------- Class Y-1 Regular Variable(1) $ 202,068.48 October 2033 Class Y-2 Regular Variable(2) 403,944,267.11 October 2033 Class Z-1 Regular Variable(1) 65,837.67 October 2033 Class Z-2 Regular Variable(2) 131,609,496.22 October 2033 Component 1 of the interests in the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 50.00 October 2033 Class R-I 5.25% $100.00 Senior/I+ Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mort Product Gmacm Loan Ser 2003-Ar1)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), as three two real estate mortgage investment conduits (each, a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum THROUGH PRINCIPAL MATURITY FITCH/ MINIMUM DESIGNATION RATE BALANCE FEATURES1 DATE M▇▇▇▇'▇ DENOMINATIONS2 - Class A-1 3.75% Senior/Fixed Rate Initial Date June 25, $100,000,000.00 2018 AAA/Aaa $25,000.00 Class A-▇ ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25▇▇▇▇ ▇▇▇▇▇▇/▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ $45,000,000.00 Rate 2018 AAA/Aaa $25,000.00 Class A-2A Adjustable Senior/Inverse Rate3 Floater/Interest June 25, $0.004 Only/Adjustable Rate 2▇▇▇ ▇▇▇/▇▇▇ $2,000,000.00 Class A-3 4.00% Senior/Fixed Rate September AAAJune 25, $10,000,000.00 2▇▇▇ ▇▇▇/Aaa/NA ▇▇▇ $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00Class A-4 3.35% Senior/Fixed Rate September AAAJune 25, $95,102,000.00 2▇▇▇ ▇▇▇/NA/AAA ▇▇▇ $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00Class A-5 5.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate Interest June 25, 2035 III-A-2 6.00% Senior$0.005 Only/ Fixed Strip 2▇▇▇ ▇▇▇/Senior September AAA/NA/AAA ▇▇▇ $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-2,000,000.00 Class A-P 0.00% Senior/Principal September AAA/Aaa/NA June 25, $25,000.00 1,302,649.20 $1,563,921.66 Only 25, 2020 I-2▇▇▇ ▇▇▇/▇▇▇ Class A-V Variable $0.00 Senior//Interest September AAASenior/Aaa/NA $2,000,000.00 Rate(3) Interest June 25, 7 Rate6 Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September 2018 AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Aaa Class R-I 5.255.00% $100.00 Senior/Residual/FixedSeptember Fixed June 25, 8 Rate 2018 AAA/Aaa/NA 75 Rate 25, 2020 Aaa Class R-II 6.005.00% $50.00 100.00 Senior/Residual/FixedSeptember Fixed June 25, 8 Rate 2018 AAA/NA/AAA 5 Rate Aaa Class M-1 5.00% Mezzanine/ Fixed June 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 4,261,200.00 Rate 2018 Class M-2 5.00% Mezzanine/ Fixed June 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA $250,000.00 $516,600.00 Rate 2018 Class M-3 5.00% Mezzanine/ Fixed June 25, BBB/NA $250,000.00 $774,800.00 Rate 2018 Class B-1 5.00% Subordinate/ Fixed June 25, $250,000.00 $387,400.00 Rate 2018 BB/NA Class B-2 5.00% Subordinate/ Fixed June 25, B/NA $250,000.00 $258,300.00 Rate 2018 Class B-3 5.00% Subordinate/ Fixed June 25, NA/NA $250,000.00 $388,068.36 Rate 252018 1 The Certificates, 2020 other than the Class IA-M-3 5.25% P, Class A-V, Class B and Class R Certificates shall be Book-Entry Certificates. The Class A-P, Class A-V, Class B and Class R 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 $392,900.00 Mezzanine/Fixed September BBB/NA/NA 1 (or $250,000.00 Rate 251,000 in the case of the Class A-P, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA 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-1, Class B-2 and Class B-3 Certificates that contain an uneven multiple of $25,000.00 II-M-1 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 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20351,000.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple twelve classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Group I Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 360th Distribution Date. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT1-AI-AA Variable(1) $588,000,018.86 March 25, 2033 LT1-AI-1 Variable(1) $ 2,278,000.00 March 25, 2033 LT1-AI-2 Variable(1) $ 387,000.00 March 25, 2033 LT1-AI-3 Variable(1) $ 1,264,000.00 March 25, 2033 LT1-AI-4 Variable(1) $ 759,000.00 March 25, 2033 LT1-AI-5 Variable(1) $ 712,000.00 March 25, 2033 LT1-AI-6 Variable(1) $ 600,000.00 March 25, 2033 LT1-AI-ZZ Variable(1) $ 6,000,000.38 March 25, 2033 _______________ (1) Calculated as provided in the Trust Fund created hereunder. Designation definition of Uncertificated REMIC I Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage LoansLoans but excluding the Initial Monthly Payment Fund), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. 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. 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 this the Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE MOODY'S / PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date THR▇▇▇▇ ▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25RINCIPAL MATURITY MINIMUM DESIGNATION RATE BALANCE FEATURES1 DATE FITCH DENOMINATIONS2 Class CB 6.75% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 87,431,000.00 Senior June 25, 2020 II-A-1 6.00% Senior/Fixed Rate September 2031 AAA/NA/AAA $25,000.00 115,613,000.00 Class NB-1 6.25% $15,733,334.00 Senior/ June 25, 2035 III-A-1 6.00% Senior/Super September 2031 AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate Accretion Directed Class NB-2 7.00% $31,466,666.00 Senior/ June 25, 2035 III-A-2 6.00% Senior/Senior September 2031 AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate Accretion Directed Class NB-3 6.75% $102,223,000.00 Senior/ June 25, 2035 III-A-3 6.00% Senior/Fixed Rate September 2031 AAA/NA/AAA $25,000.00 104,601,000.00 Accretion Directed Class NB-4 6.75% $1,000,000.00 Senior/Senior June 25, 2035 I-2031 AAA/AAA $25,000.00 Support Class NB-5 6.75% $12,500,000.00 Senior/Accrual/ June 25, 2031 AAA/AAA $25,000.00 Super Senior Class A-P 0.00% $75,275.04 Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only PrincipalJune 25, 2020 I-2031 ▇▇▇/▇▇▇ $▇▇,▇▇▇.▇▇ Only Class A-V Variable $0.00 Senior//Interest September Senior/Variable June 25, 2031 AAA/AaaAAA 4 Rate3 Rate/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Interest Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25R 6.75% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate Residual June 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember 2031 AAA/NA/AAA 5 Rate Class M-1 6.75% $8,516,900.00 Mezzanine June 25, 2035 2031 NA/AA $25,000.00 Class R-III 6.00M-2 6.75% $50.00 Senior/Residual/FixedSeptember AAA/2,661,400.00 Mezzanine June 25, 2031 NA/AAA 5 Rate A $250,000.00 Class M-3 6.75% $1,596,800.00 Mezzanine June 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/2031 NA/NA BBB $25,000.00 250,000.00 Class B-1 6.75% $2,881,400.00 Rate 1,197,600.00 Subordinate June 25, 2020 2031 NA/BB $250,000.00 Class I-M-2 5.25B-2 6.75% $327,400.00 Mezzanine798,400.00 Subordinate June 25, 2031 NA/Fixed September A/B $250,000.00 Class B-3 6.75% $931,461.83 Subordinate June 25, 2031 NA/NA $250,000.00 Rate 25______________ 1 The Certificates, 2020 other than the Class IA-M-3 5.25% P, Class A-V, Class B and Class R Certificates shall be Book-Entry Certificates. The Class A-P, Class A-V, Class B and Class R 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, as applicable) and integral multiples of $392,900.00 Mezzanine/Fixed September BBB/NA/NA 1 (or $250,000.00 Rate 251,000 in the case of the Class A-P, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA 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-1, Class B-2 and Class B-3 Certificates that contain an uneven multiple of $25,000.00 II-M-1 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 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20351,000.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple eight classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I ------- As provided herein, the REMIC Administrator Trustee will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust the Cap Contract, the Principal Reserve Fund and the Carryover Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Interest will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, typeremittance rate (the "Uncertificated REMIC I Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 360th Distribution Date. None of the REMIC I Regular Interests will be certificated. Uncertificated REMIC I Uncertificated Principal Latest Possible Designation Pass-Through Rate Balance Maturity Date ----------- ----------------- ------- ------------- LT-AA Variable (1) $ 245,000,000.00 June 2033 LT-1A1 Variable (1) $ 500,000.00 June 2033 LT-2A1 Variable (1) $1,706,250.00 June 2033 LT-M1 Variable (1) $ 118,750.00 June 2033 LT-M2 Variable (1) $ 93,750.00 June 2033 LT-M3 Variable (1) $ 43,750.00 June 2033 LT-B1 Variable (1) $ 37,500.00 June 2033 LT-ZZ Variable (1) $ 2,500,000.00 June ▇▇▇▇ ▇▇-▇ Variable (1) $ 100.00 June 2033 LT-AR Variable (1) $ 100.00 June 2033 LT-1SUB Variable (1) $ 1,331.35 June 2033 LT-1GRP Variable (1) $ 11,331.37 June 2033 LT-2SUB Variable (1) $ 4,543.62 June 2033 LT-2GRP Variable (1) $ 38,668.62 June 2033 LT-XX Variable (1) $ 249,944,124.98 June 2033 _______________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass- Through Rate. REMIC II -------- As provided herein, the Trustee will elect to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as REMIC II. The Class R-II Interest will represent the sole class of "residual interests" in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, Pass-Through Rate, aggregate Initial Certificate Principal Balance, Maturity Date, Final Scheduled Distribution Date and initial ratings and certain features for each Class of Certificates comprising the interests representing "regular interests" in REMIC II. The "latest possible maturity date" (determined solely for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each Class of REMIC II Regular Certificates shall be the Trust Fund created hereunder360th Distribution Date. Designation PassAGGREGATE INITIAL CERTIFICATE PRINCIPAL FINAL SCHEDULED DESIGNATION PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance THROUGH RATE BALANCE DISTRIBUTION DATE ----------- ------ ------------ ------------------ -------- ---------- -------------- I----------------- ------- ----------------- Class 1-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA (1) $25,000.00 125,510,000.00 25, 2020 II100,000,000 June 2033 Class 2-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA (1) $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-341,250,000 June 2033 Class M-1 (1) $ 23,750,000 March 2033 Class M-2 (1) $ 18,750,000 February 2033 Class M-3 (1) $ 8,750,000 October 2032 Class B-1 (1) $ 7,500,000 March 2032 Class C (2) $ 0 June 2033 Class P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035$ 100 June 2033
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Cwabs Inc Asset Backed Certificates Series 2003 Bc2)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesseventeen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, and the Yield Maintenance Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Uncertificated REMIC I Initial Uncertificated REMIC I Latest Possible Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 Maturity Date Y-1 Variable(1) $ 243,520.28 November 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 2036 Y-2 Variable(1) $ 136,478.95 November 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 2036 Z-1 Variable(1) $ 486,797,032.00 November 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 2036 Z-2 Variable(1) $ 272,823,164.24 November 25, 2035 III2036 _______________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Through Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2006-Emx9 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classessixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, and the Hedge Agreements) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features for each Class . None of Certificates comprising the interests in the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation PassUNCERTIFICATED REMIC I INITIAL UNCERTIFICATED ------------------- REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE Y-1 Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 $ 175,000.03 December 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 2034 Y-2 Variable(1) $ 174,999.98 December 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2034 Z-1 Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 349,825,059.02 December 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA 2034 Z-2 Variable(1) $25,000.00 10,000,000.00 Support/Fixed Rate 349,825,041.68 December 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352034
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2004-Ks11 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates")certificates, to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in a trust fund to be created hereunder, the primary assets of which will be the Trust Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Certificate Administrator will make an election elect to treat the entire segregated pool of assets described in consisting of the definition Trust Mortgage Loans (exclusive of each related Excess Servicing Strip and that portion of the interest payments on the Trust FundARD Loans, if any, that constitutes Additional Post-ARD Interest) and certain other related assets subject to this Agreement (including the Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC I". The terms and provisions Class R-I Certificates will evidence the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions under federal income tax law. For federal income tax purposes, each REMIC I Regular Interest will be designated as though set forth a separate "regular interest" 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. 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 REMIC I for purposes of the date REMIC Provisions under federal income tax law. None of this Series Supplementthe REMIC I Regular Interests will be certificated. The following table sets forth forth: (i) the designation, type, designation of each REMIC I Regular Interest; (ii) the initial REMIC I Principal Balance; and (iii) the Corresponding Class of Principal Balance Certificates (if any) for each REMIC I Regular Interest. Each REMIC I Regular Interest shall accrue interest from time to time at the Weighted Average Net Mortgage Pass-Through RateRate in effect from time to time. Initial REMIC I Corresponding Class of Designation Principal Balance Principal Balance Certificates ----------- ----------------- ------------------------------ LA-1 $ 18,179,000 ▇-▇ ▇▇-▇ $ 55,593,000 ▇-▇ ▇▇-▇ $ 65,593,000 ▇-▇ ▇▇-▇▇ $ 32,365,000 A-SB LA-4 $326,361,000 A-4 LA-1A $ 43,777,000 A-1A LA-1AF $122,270,000 A-1AF ▇▇▇ $ 71,156,000 AM ▇▇▇-A $ 6,254,000 AM-A ▇▇▇-AF $ 17,467,000 AM-AF LAJ $ 41,805,000 AJ LAJ-A $ 3,675,000 AJ-A LAJ-AF $ 10,263,000 ▇▇-▇▇ LB $ 10,673,000 B LC $ 11,860,000 C LD $ 8,302,000 D LE $ 8,301,000 E Initial REMIC I Corresponding Class of Designation Principal Balance Principal Balance Certificates ----------- ----------------- ------------------------------ LF $ 9,488,000 F LG $ 9,488,000 G LH $10,674,000 H LJ $11,859,000 J LK $10,674,000 K LL $ 8,302,000 L LM $ 3,558,000 M LN $ 3,557,000 N LP $ 3,558,000 P LQ $ 2,372,000 Q LS $ 3,558,000 S LT $17,790,134 T As provided herein, aggregate Initial the Certificate Administrator will elect to treat the segregated pool of assets consisting of all of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC II". The Class R-II Certificates will evidence the sole class of "residual interests" in REMIC II for purposes of the REMIC Provisions under federal income tax law. For federal income tax purposes, each Class of the Regular Certificates (exclusive of the Class X Certificates) and each Class X Component will be designated as a separate "regular interest" in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table sets forth: (i) the class designation of each Class of Regular Certificates; (ii) the Original Class Principal BalanceBalance or, Maturity Dateif so noted (including by way of footnote), initial ratings and certain features the Original Class Notional Amount, as applicable, for each Class of Certificates comprising Regular Certificates; and (iii) the interests in the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate description and initial Pass-Through Rate for each Class of Regular Certificates. Class Original Class Pass-Through Rate Initial Date Pass-Through Designation Principal Balance Description Rate(1)(2) ----------- ----------------- ----------------- -------------------- Class A-1 $ 18,179,000 Fixed 4.706% Class A-2 $ 55,593,000 Fixed 5.425% Class A-3 $ 65,593,000 Fixed 5.710% Class A-SB $ 32,365,000 Fixed 5.650% Class A-4 $326,361,000 Fixed 5.690% Class A-1A $ 43,777,000 Fixed 5.655% Class A-1AF $122,270,000 Fixed 5.406% Class AM $ 71,156,000 Net WAC 6.266% Class AM-A $ 6,254,000 Net WAC 6.266% Class AM-AF $ 17,467,000 Net WAC Cap 6.246% Class AJ $ 41,805,000 Net WAC 6.266% Class AJ-A $ 3,675,000 Net WAC 6.266% Class ▇▇-▇▇▇'▇/S&P Denomina- Certificate tions(2) ▇ $ 10,263,000 Net WAC 6.266% Class B $ 10,673,000 Net WAC 6.266% Class C $ 11,860,000 Net WAC 6.266% Class D $ 8,302,000 Net WAC 6.266% Class Original Class Pass-Through Rate Initial Pass-Through Designation Principal Balance Description Rate(1)(2) ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25----------------- ----------------- -------------------- Class E $ 8,301,000 Net WAC 6.266% Senior/Fixed Rate September AAA/Aaa/NA Class F $ 9,488,000 Net WAC 6.266% Class G $ 9,488,000 Net WAC 6.266% Class H $ 10,674,000 Net WAC 6.266% Class J $ 11,859,000 Net WAC 6.266% Class K $ 10,674,000 Net WAC 6.266% Class L $ 8,302,000 Net WAC Cap 4.327% Class M $ 3,558,000 Net WAC Cap 4.327% Class N $ 3,557,000 Net WAC Cap 4.327% Class P $ 3,558,000 Net WAC Cap 4.327% Class Q $ 2,372,000 Net WAC Cap 4.327% Class S $ 3,558,000 Net WAC Cap 4.327% Class T $ 17,790,134 Net WAC Cap 4.327% Class X $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V 948,772,134(3) Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035IO 0.564%
Appears in 1 contract
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined herein). As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets relating to the Mortgage Loans, as described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans)REMIC I below, as three a real estate mortgage investment conduits conduit (each, a "“REMIC"”) for federal income tax purposes. , and such segregated pool of assets will be designated as “REMIC I.” The terms and provisions Class R-I Certificates will represent the sole class of “residual interests” in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, Pass-Through the REMIC I Remittance Rate, aggregate Initial Certificate Principal the initial Uncertificated Balance, Maturity Dateand solely for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the “latest possible maturity date” for each of the REMIC I Regular Interests. None of the REMIC I Regular Interests will be certificated. Class of Certificates comprising the interests in the Trust Fund created hereunder. Designation Pass1-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25A 5.50 % Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 $ 1102.80 January 25, 2035 IIISubgroup 1 Class 2-A-1 6.00A 6.50 % Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate $ 580.50 January 25, 2035 III-A-2 6.00Subgroup 2 Class PO 0.00 % Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate $ 9,095,462.12 January 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate PO Class IO (2 ) January 25, 2020 2035 Class IO Class 1-ZZZ 5.50 % $ 360,686,974.20 January 25, 2035 Subgroup 1 Class 2-ZZZ 6.50 % $ 189,860,798.24 January 25, 2035 Subgroup 2 R-1 Interest 5.50 % $ 67.00 January 25, 2035 Subgroup 1 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 With respect to any Distribution Date, the weighted average of the Pool Strip Rates with respect to the Non-Discount Mortgage Loans, weighted on the basis of their respective Stated Principal Balances immediately prior to such Distribution Date applied to a notional amount equal to the aggregate Stated Principal Balance of the Non-Discount Mortgage Loans immediately prior to such Distribution Date. As provided herein, the REMIC Administrator will elect to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC II.” The Class R-II 6.00Certificates will represent the sole class of “residual interests” in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the REMIC II Remittance Rate, the initial Uncertificated 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 REMIC II Regular Interests. None of the REMIC II Regular Interests will be certificated. -3- Pooling and Servicing Agreement Class A-1 5.25% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate $ 236,142,113 January 25, 2035 Class A-1 Class A-2 7.50% $ 29,517,763 January 25, 2035 Class A-2 Class A-4 5.50% $ 34,500,000 January 25, 2035 Class A-4 Class A-5 5.50% $ 14,500,000 January 25, 2035 Class A-5 Class A-6 5.50% $ 35,000,000 January 25, 2035 Class A-6 Class A-7 6.50% $ 184,056,333 January 25, 2035 Class A-7 Class R-2 Regular Interest 5.50% $ 34 January 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate Class M-▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ $ 9,106,000 January 25, 2035 Class IM-▇ ▇▇▇▇▇ ▇-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate ▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ $ 3,311,000 January 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 IIM-▇ ▇▇▇▇▇ ▇-M-2 $5,333,700.00 Rate ▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ $ 1,656,000 January 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate Class B-1 Variable Rate2 $ 1,104,000 January 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate Variable Rate2 $ 828,000 January 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate Class B-3 Variable Rate2 $ 828,144 January 25, 2035 Class 6.00B-3 Class IO (4) $ 0 January 25, 2035 Class IO Class PO 0.00% Subordinate$ 1,352,690 January 25, 2035 Class PO 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 II Regular Interest. 2 A variable Pass-Through Rate equal to the weighted average of the Pass-Through Rates on REMIC I Regular Interest 1-A and 2-A, weighted on the basis of the Uncertificated Balance of each such REMIC I Regular Interest. 3 REMIC II Regular Interest Class IO will not have an Uncertificated Principal Balance or Pass-Through Rate, but will be entitled to receive 100% of the interest payable with respect to REMIC I Regular Interest Class IO. As provided herein, the REMIC Administrator will elect to treat the segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as REMIC III. The Class R-III Certificates will represent the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the “REMIC III Remittance Rate”) and Initial Certificate Principal Balance for each of the “regular interests” in REMIC III (the “REMIC III Regular Interests”) and summarizes the terms of the Class R-I, Class R-II and Class R-III Certificates. The “latest possible maturity date” (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC III Regular Interest shall be the first Distribution Date that follows the stated maturity date for the Mortgage Loan included in the Trust Fund as of the Closing Date with the longest remaining term to stated maturity. -2- Pooling and Servicing Agreement Class A-1 5.25% $ 236,142,113 Senior/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate January 25, 20352035 AAA/Aaa $ 25,000.00 Class A-2 Variable Rate3 $ 29,517,763 Senior/Floater/ Variable Rate January 25, 2035 AAA/Aaa $ 25,000.00 Class A-3 Variable Rate4 $ 05 Senior/Inverse Floater/ Interest Only/Variable Rate January 25, 2035 AAA/Aaa $ 6 Class A-4 5.50% $ 34,500,000 Senior/Fixed Rate January 25, 2035 AAA/Aaa $ 1,000.00 Class A-5 5.50% $ 14,500,000 Senior/Fixed Rate January 25, 2035 AAA/Aaa $ 1,000.00 Class A-6 5.50% $ 35,000,000 Senior/Lockout/ Fixed Rate January 25, 2035 AAA/Aaa $ 25,000.00 Class A-7 6.50% $ 184,056,323 Senior/Fixed Rate January 25, 2035 AAA/Aaa $ 25,000.00 Class PO 0.00% $ 1,352,690 Senior/Principal Only January 25, 2035 AAA/Aaa $ 25,000.00 Class IO Variable Rate7 $ 08 Senior/Interest Only/Variable Rate January 25, 2035 AAA/Aaa $ 9 1 The Certificates (other than the Class B and Class R Certificates) shall be Book-Entry Certificates. The Class B and Class R Certificates shall be delivered to the holders thereof in physical form. 2 The Certificates (other than the Class IO, Class R-I, Class R-II and Class R-III Certificates) shall be issuable in minimum dollar denominations as indicated above (by Certificate Principal Balance) and integral multiples of $1 (or $1,000 in the case of the Class PO, Class B-1, Class B-2 and Class B-3 Certificates) in excess thereof, except that one Certificate of any of the Class PO and Class B-1, Class B-2 and Class B-3 Certificates that contain 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, if applicable, an integral multiple of $1,000. 3 With respect to the Class A-2 Certificates and any Distribution Date (other than the first Distribution Date), the Pass Through Rate will equal a per annum rate equal to the lesser of LIBOR plus a margin of 0.40% and 7.50%. Notwithstanding the foregoing, the Pass Through Rate for the Class A-2 Certificates will not be less than 0.40% per annum. The initial Pass Through Rate for the Class A-2 Certificates shall be equal to 2.440% per annum.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (GMACM Mortgage Pass-Through Cerificates, Series 2004-J5)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesseventeen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of the Supplemental Interest Trust Fund, Account and the Swap Agreement subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the Distribution Date immediately succeeding the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. UNCERTIFICATED INITIAL UNCERTIFICATED REMIC I REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE AA Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 367,500,047.79 November 25, 2020 II-2036 A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA Variable(1) $25,000.00 115,613,000.00 1,158,700 November 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2036 A-2 Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 687,280 November 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA 2036 A-3 Variable(1) $25,000.00 10,000,000.00 Support/Fixed Rate 929,040 November 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2036 A-4 Variable(1) $25,000.00 104,601,000.00 509,980 November 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2036 M-1 Variable(1) $25,000.00 1,302,649.20 Only 84,370 November 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2036 M-2 Variable(1) $2,000,000.00 Rate(3) Only/Variable Rate 78,750 November 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA 2036 M-3 Variable(1) $25,000.00 7,998,673.73 Only 46,870 November 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA 2036 M-4 Variable(1) $2,000,000.00 Rate(4) Only/Variable Rate 43,120 November 25, 2035 Class R-I 5.25% 2036 M-5 Variable(1) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 41,250 November 25, 2020 Class R-II 6.00% 2036 M-6 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 31,870 November 25, 2035 Class R-III 6.00% 2036 M-7 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 26,250 November 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA 2036 M-8 Variable(1) $25,000.00 $2,881,400.00 Rate 24,370 November 25, 2020 Class I-M-2 5.25% 2036 M-9 Variable(1) $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 28,120 November 25, 2020 Class I-M-3 5.25% 2036 B Variable(1) $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 31,870 November 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA 2036 ZZ Variable(1) $25,000.00 II-M-1 $11,637,900.00 Rate 3,778,160.98 November 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Rs6 Trust)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage LoansLoans but excluding the Initial Monthly Payment Fund), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. 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. 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 this the Series Supplement. 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. Designation Aggregate Initial Certificate Moody's / Pass-Through Aggregate Features(1) Thr▇▇▇▇ ▇▇incipal Maturity Fitch/ ----------- Minimum Designation Rate Initial Balance Features1 Date Fitch Denominations2 Class CB 7.25% $102,360,000.00 Senior March 25, 2031 Aaa/▇▇▇ $▇▇,▇▇▇.▇▇ ▇▇▇▇▇ ▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25▇ 7.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 158,805,580.00 Senior March 25, 2020 II2031 Aaa/▇▇▇ $▇▇,▇▇▇.▇▇ ▇▇▇▇▇ ▇▇-A-1 6.00▇ 7.25% Senior/Fixed Rate September AAA/NA$ 19,850,710.00 Senior March 25, 2031 Aaa/▇▇▇ $▇▇,▇▇▇.▇▇ ▇▇▇▇▇ ▇▇-▇ 7.25% $ 19,850,710.00 Senior March 25, 2031 Aaa/AAA $25,000.00 115,613,000.00 ▇▇,▇▇▇.▇▇ ▇▇▇▇▇ ▇-▇ 0.00% $ 142,437.92 Senior/PrincipaMarch 25, 2035 III-A-1 6.00% Senior2031 ▇▇▇/Super September AAA/NA/AAA ▇▇▇ $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 ▇▇,▇▇▇.▇▇ Only 25, 2020 I-Class A-V Variable $ 0.00 Senior//Interest September AAASenior/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate VariableMarch 25, 2020 II-A-P 0.002031 ▇▇▇/▇▇▇ ▇ ▇▇▇▇▇ Rate/Interest Only Class R 7.25% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $$ 100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate ResidualMarch 25, 2020 Class R2031 ▇▇▇/▇▇▇ ▇ ▇▇▇▇▇ ▇-II 6.00▇ ▇.▇▇% $50.00 Senior/Residual/FixedSeptember AAA/$ 10,463,000.00 Mezzanine March 25, 2031 NA/AAA 5 Rate AA $25,000.00 Class M-2 7.25% $ 3,541,300.00 Mezzanine March 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/2031 NA/AAA 5 Rate A $250,000.00 Class M-3 7.25% $ 3,380,300.00 Mezzanine March 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/2031 NA/NA BBB $25,000.00 $2,881,400.00 Rate 250,000.00 Class B-1 7.25% $ 1,448,600.00 Subordinate March 25, 2020 2031 NA/BB $250,000.00 Class I-M-2 5.25B-2 7.25% $ 965,900.00 Subordinate March 25, 2031 NA/B $327,400.00 Mezzanine/Fixed September A/250,000.00 Class B-3 7.25% $ 1,126,869.17 Subordinate March 25, 2031 NA/NA $250,000.00 Rate 25The Mortgage Loans have an aggregate principal balance as of the Cut-off Date of $321,935,507.09. In consideration of the mutual agreements herein contained, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25the Company, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035the Master Servicer and the Trustee agree as follows:
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
PRELIMINARY STATEMENT. The Company intends has duly authorized the execution and delivery of this Agreement to sell mortgage asset-backed pass-through certificates provide for (collectivelyi) the sale to the Trust of the Mortgage Loans and certain other assets, (ii) the "Certificates"), issuance to be issued hereunder in multiple classes, which the Company of the REMIC I Regular Interests and the Class R-1 Residual Interest representing in the aggregate will evidence the entire beneficial ownership interest in REMIC I, (iii) the Mortgage Loans conveyance to the Trust of the REMIC I Regular Interests, (as defined hereiniv) the issuance to the Company of the REMIC II Regular Interests and the Class R-2 Residual Interest representing in the aggregate the entire beneficial interest in REMIC II, (v) the conveyance to the Trust of the REMIC II Regular Interests and (vi) the issuance to the Company of the Certificates. As provided hereinThe Company and the Servicer are entering into this Agreement, and the Trustee and the Delaware Trustee are each accepting the trust created hereby, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. The Certificates issued hereunder, other than the Junior Subordinate Certificates, have been offered for sale pursuant to a Prospectus, dated April 17, 2007, and a Prospectus Supplement, dated June 25, 2007, of the Company (together, the “Prospectus”). The Junior Subordinate Certificates have been offered for sale pursuant to a Private Placement Memorandum, dated June 27, 2007. The Trust created hereunder is the “Trust” described in the Prospectus and the Private Placement Memorandum and the Certificates are the “Certificates” described therein. The following tables set forth the designation, type of interest, Certificate Interest Rate, initial Class Principal Balance and Final Maturity Date for the REMIC I Regular Interests, the REMIC Administrator will make an election to treat II Regular Interests and the entire segregated pool Class R Residual Interests: Class Designation for each REMIC I Regular Interest and Certificate Initial Class the Class R-1 Type of assets described Interest Principal Final Maturity Class LT1 Regular Variable (2) $590,125,170.11 April 2049 Class LT2 Regular Variable (2) 26,855.85 April 2049 Class LT3 Regular (3) 32,165.78 April 2049 Class LT4 Regular Variable (4) 32,165.78 April 2049 Class R-1(5) Residual 6.330% 100.00 April 2049 * The Distribution Date in the definition of Trust Fundspecified month, and subject to this Agreement (including which is two years following the month in which the latest maturing Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") for Loan matures. For federal income tax purposes. 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. 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 this Series Supplement. 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 REMIC I Regular and Residual Interests, the interests in “latest possible maturity date” shall be the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Final Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Date.
Appears in 1 contract
Sources: Pooling and Servicing Agreement
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), exclusive of the Yield Maintenance Agreement, as three real estate mortgage investment conduits (each, each a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE PASS-Through Aggregate Features(1THROUGH PRINCIPAL MATURITY FITCH/ MINIMUM DESIGNATION RATE BALANCE FEATURES(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2DATE S&P DENOMINATIONS(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25A 6.00% Senior/$54,240,000.00 Senior/ Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 August 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 2035 II-A 6.00% $69,933,000.00 Senior/ Fixed Rate August 25, AAA/AAA $25,000.00 2035 III-A-1 6.00% Senior/Super September Adjustable $105,149,000.00 Senior/ August 25, AAA/NA/AAA $25,000.00 220,000,000.00 SeniorRate(3) Floater/Fixed Adjustable 2035 Rate 25, 2035 III-A-2 6.00% Adjustable $0.00(4) Senior/Senior September Interest August 25, AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Inverse 2035 Floater/Adjustable Rate III-A-3 5.50% $13,283,000.00 Senior/Prepayment August 25, 2020 IIAAA/AAA $25,000.00 Lockout/Fixed Rate 2035 III-A-4 5.50% $7,324,000.00 Senior/Fixed Rate August 25, AAA/AAA $25,000.00 2035 Class A-P 0.00% $1,864,997.10 Senior/Principal September August 25, AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-Class A-V Variable $0.00 Senior//Interest September Senior/Interest August 25, AAA/NA/AAA $2,000,000.00 Rate(4Rate(5) Only/Only/ Variable Rate 25, 2035 Class R-I 5.256.00% $100.00 Senior/Residual/FixedSeptember Fixed August 25, AAA/Aaa/NA 75 AAA (6) $100.00 Rate 25, 2020 2035 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember Fixed August 25, AAA/NA/AAA 5 (6) $50.00 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember Fixed August 25, AAA/NA/AAA 5 (6) R-III $50.00 Rate 25, 2035 Class I-M-1 5.25% Variable $6,909,500.00 Mezzanine/Fixed September August 25, AA/NA/NA $25,000.00 Rate(7) Rate 2035 Class M-2 Variable $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 2,391,800.00 Mezzanine/Fixed September August 25, A/NA $250,000.00 Rate(7) Rate 2035 Class M-3 Variable $1,594,500.00 Mezzanine/Fixed August 25, BBB/NA $250,000.00 Rate(7) Rate 2035 Class B-1 Variable $1,195,900.00 Subordinate/Fixed August 25, BB/NA $250,000.00 Rate(7) Rate 2035 Class B-2 Variable $930,200.00 Subordinate/Fixed August 25, B/NA $250,000.00 Rate(7) Rate 2035 Class B-3 Variable $931,424.40 Subordinate/Fixed August 25, NA/NA $250,000.00 Rate(7) Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035____________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RALI Series 2005-Qs10 Trust)
PRELIMINARY STATEMENT. The Company intends to sell mortgage assetmortgage-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesfourteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G 1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date, initial ratings and certain features . None of the REMIC I Regular Interests will be certificated. Class Designation for each REMIC I Regular Interest and Component I of the Type of Certificate Initial Class of Class R Certificates comprising the interests in the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Interest Interest Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3Final Maturity Date* Class Y-1 Regular Variable(1) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, $ 20,438.18 May 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, Y-2 Regular Variable(2) $ 145,668.40 May 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, Y-3 Regular Variable(3) $ 20,040.60 May 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, Y-4 Regular Variable(4) $ 43,075.01 May 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, Z-1 Regular Variable(1) $ 40,855,921.55 May 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB Z-2 Regular Variable(2) $250,000.00 II-M-3 $2,909,300.00 Rate 25, 291,191,132.32 May 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, Z-3 Regular Variable(3) $ 40,061,164.73 May 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, Z-4 Regular Variable(4) $ 86,106,310.43 May 2035 Component I of the Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, R+ Residual Variable(1) $ 100.00 May 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (GMACM Mortgage Loan Trust 2005-Ar2)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classessixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Swap Account and the Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G 1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE I-1-A Variable(1) $ 1,773,183.150 August 2036 I-2-A Variable(1) $ 2,682,496.185 August 2036 I-3-A Variable(1) $ 3,610,538.350 August 2036 I-4-A Variable(1) $ 4,526,139.720 August 2036 I-5-A Variable(1) $ 5,437,399.750 August 2036 I-6-A Variable(1) $ 6,335,483.945 August 2036 I-7-A Variable(1) $ 7,210,800.380 August 2036 I-8-A Variable(1) $ 8,048,064.490 August 2036 I-9-A Variable(1) $ 8,841,834.420 August 2036 I-10-A Variable(1) $ 9,355,439.630 August 2036 I-11-A Variable(1) $ 9,807,256.900 August 2036 I-12-A Variable(1) $ 9,356,102.910 August 2036 I-13-A Variable(1) $ 8,922,243.615 August 2036 I-14-A Variable(1) $ 8,508,774.995 August 2036 I-15-A Variable(1) $ 8,114,738.695 August 2036 I-16-A Variable(1) $ 7,739,203.420 August 2036 I-17-A Variable(1) $ 7,379,698.770 August 2036 I-18-A Variable(1) $ 7,038,838.830 August 2036 I-19-A Variable(1) $ 6,713,930.965 August 2036 I-20-A Variable(1) $ 6,404,218.295 August 2036 I-21-A Variable(1) $ 6,218,650.385 August 2036 I-22-A Variable(1) $ 11,423,666.485 August 2036 I-23-A Variable(1) $ 10,266,586.290 August 2036 I-24-A Variable(1) $ 9,219,858.105 August 2036 I-25-A Variable(1) $ 8,297,964.895 August 2036 I-26-A Variable(1) $ 7,425,150.150 August 2036 I-27-A Variable(1) $ 4,203,424.380 August 2036 I-28-A Variable(1) $ 3,976,127.395 August 2036 I-29-A Variable(1) $ 3,761,612.625 August 2036 I-30-A Variable(1) $ 3,559,135.925 August 2036 I-31-A Variable(1) $ 3,367,971.070 August 2036 I-32-A Variable(1) $ 3,187,550.015 August 2036 I-33-A Variable(1) $ 3,017,207.780 August 2036 I-34-A Variable(1) $ 545,833.745 August 2036 I-35-A Variable(1) $ 2,409,927.930 August 2036 I-36-A Variable(1) $ 2,282,428.725 August 2036 I-37-A Variable(1) $ 2,161,428.845 August 2036 I-38-A Variable(1) $ 2,047,708.430 August 2036 I-39-A Variable(1) $ 1,940,257.355 August 2036 I-40-A Variable(1) $ 1,838,718.335 August 2036 I-41-A Variable(1) $ 1,742,754.865 August 2036 I-42-A Variable(1) $ 1,652,050.040 August 2036 I-43-A Variable(1) $ 1,566,305.385 August 2036 I-44-A Variable(1) $ 1,485,239.750 August 2036 I-45-A Variable(1) $ 1,408,588.340 August 2036 I-46-A Variable(1) $ 1,336,101.680 August 2036 I-47-A Variable(1) $ 26,400,363.660 August 2036 I-1-B Variable(1) $ 1,773,183.150 August 2036 I-2-B Variable(1) $ 2,682,496.185 August 2036 I-3-B Variable(1) $ 3,610,538.350 August 2036 I-4-B Variable(1) $ 4,526,139.720 August 2036 I-5-B Variable(1) $ 5,437,399.750 August 2036 I-6-B Variable(1) $ 6,335,483.945 August 2036 I-7-B Variable(1) $ 7,210,800.380 August 2036 I-8-B Variable(1) $ 8,048,064.490 August 2036 I-9-B Variable(1) $ 8,841,834.420 August 2036 I-10-B Variable(1) $ 9,355,439.630 August 2036 I-11-B Variable(1) $ 9,807,256.900 August 2036 I-12-B Variable(1) $ 9,356,102.910 August 2036 I-13-B Variable(1) $ 8,922,243.615 August 2036 I-14-B Variable(1) $ 8,508,774.995 August 2036 I-15-B Variable(1) $ 8,114,738.695 August 2036 I-16-B Variable(1) $ 7,739,203.420 August 2036 I-17-B Variable(1) $ 7,379,698.770 August 2036 I-18-B Variable(1) $ 7,038,838.830 August 2036 I-19-B Variable(1) $ 6,713,930.965 August 2036 I-20-B Variable(1) $ 6,404,218.295 August 2036 I-21-B Variable(1) $ 6,218,650.385 August 2036 I-22-B Variable(1) $ 11,423,666.485 August 2036 I-23-B Variable(1) $ 10,266,586.290 August 2036 I-24-B Variable(1) $ 9,219,858.105 August 2036 I-25-B Variable(1) $ 8,297,964.895 August 2036 I-26-B Variable(1) $ 7,425,150.150 August 2036 I-27-B Variable(1) $ 4,203,424.380 August 2036 I-28-B Variable(1) $ 3,976,127.395 August 2036 I-29-B Variable(1) $ 3,761,612.625 August 2036 I-30-B Variable(1) $ 3,559,135.925 August 2036 I-31-B Variable(1) $ 3,367,971.070 August 2036 I-32-B Variable(1) $ 3,187,550.015 August 2036 I-33-B Variable(1) $ 3,017,207.780 August 2036 I-34-B Variable(1) $ 545,833.745 August 2036 I-35-B Variable(1) $ 2,409,927.930 August 2036 I-36-B Variable(1) $ 2,282,428.725 August 2036 I-37-B Variable(1) $ 2,161,428.845 August 2036 I-38-B Variable(1) $ 2,047,708.430 August 2036 I-39-B Variable(1) $ 1,940,257.355 August 2036 I-40-B Variable(1) $ 1,838,718.335 August 2036 I-41-B Variable(1) $ 1,742,754.865 August 2036 I-42-B Variable(1) $ 1,652,050.040 August 2036 I-43-B Variable(1) $ 1,566,305.385 August 2036 I-44-B Variable(1) $ 1,485,239.750 August 2036 I-45-B Variable(1) $ 1,408,588.340 August 2036 I-46-B Variable(1) $ 1,336,101.680 August 2036 I-47-B Variable(1) $ 26,400,363.660 August 2036 A-I Variable(1) $ 18,819,260.450 August 2036 _______________ (1) Calculated as provided in the definition of Uncertificated REMIC I 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. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2006-Ks6 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple thirty classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Group I Loans and certain other related assets (exclusive of Trust Fund, the Yield Maintenance Deposit Account and the Yield Maintenance Agreements) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "REMIC I Pass-Through Rate, aggregate Initial Certificate ") and the initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the date set forth below. None of the REMIC I Regular Interests will be certificated. REMIC I Uncertificated REMIC I Latest Possible Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 Maturity Date(1) AA Adjustable(2) $ 180,014,411.26 May 25, 2020 II2044 A-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 I-1 Adjustable(2) $ 1,146,150 May 25, 2035 III2044 A-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate I-2 Adjustable(2) $ 155,980 May 25, 2035 III2044 A-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate I-3 Adjustable(2) $ 213,380 May 25, 2035 III2044 M-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 I-1 Adjustable(2) $ 128,580 May 25, 2035 I2044 M-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only I-2 Adjustable(2) $ 91,840 May 25, 2020 I2044 M-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3I-3 Adjustable(2) Only/Variable Rate $ 50,510 May 25, 2020 II2044 M-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only I-4 Adjustable(2) $ 18,360 May 25, 2035 II2044 M-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4I-5 Adjustable(2) Only/Variable Rate $ 13,3770 May 25, 2035 Class R2044 B-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate I-1 Adjustable(2)) $ 18,360 May 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 2044 ZZ Adjustable(2) $ 1,836,945.74 May 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352044
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005-Sp2 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple five classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust the Basis Risk Shortfall Reserve Fund and the Mortgage Insurance Premium Taxes Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Distribution Date in the Trust Fund created hereundermonth of the last scheduled monthly payment of the Mortgage Loans. Designation PassNone of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I LATEST POSSIBLE MATURITY DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE DATE LT-AA Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 $ 980,000,477.50 May 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 2032 LT-1A Variable(1) $ 5,000,000.00 May 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 2032 LT-1B Variable(1) $ 5,000,000.00 May 25, 2035 III2032 LT-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate ZZ Variable(1) $ 10,000,009.74 May 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352032 ---------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Securities Corp)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), as three two real estate mortgage investment conduits (each, each a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE S&P/ PASS-Through Aggregate Features(1THROUG PRINCIPAL MATURITY -------- MINIMUM DESIGNATION RATE BALANCE FEATURES(1) Maturity Fitch/ Minimum Rate Initial Date DATE ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2▇ DENOMINATIONS(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-Class A-1 5.254.60% $50,000,000.00 Senior/Fixed Rate September May 1, 2034 AAA/Aaa/NA Aaa $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00Class A-2 5.50% $30,000,000.00 Senior/Fixed Rate September May 1, 2034 AAA/NA/AAA Aaa $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00Class A-3 5.75% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 14,500,000.00 Senior/Fixed Rate 25May 1, 2035 III-A-2 6.00% Senior/Senior September 2034 AAA/NA/AAA Aaa $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00Class A-4 5.75% $12,438,900.00 Senior/Fixed Rate September May 1, 2034 AAA/NA/AAA Aaa $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00Class A-5 4.75% $127,754,111.00 Senior/Principal September Fixed Rate May 1, 2034 AAA/Aaa/NA Aaa $25,000.00 1,302,649.20 Only 251 The Certificates, 2020 Iother than the Class R Certificates shall be Book-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Entry Certificates. The Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 B and Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035R Certificates shall be delivered to the holders thereof in physical form.
Appears in 1 contract
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple eleven classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, Pass-Through remittance rate (the "REMIC I Remittance Rate, aggregate Initial Certificate Principal Balance, Maturity Date, ") and initial ratings and certain features Uncertificated Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 360th Distribution Date. None of the REMIC I Regular Interests will be certificated. REMIC I Initial Uncertificated Latest Possible Designation Pass-Through Aggregate Features(1Remittance Rate Balance Maturity Date ------------- ------------------------ ---------------------- ---------------------- LT1 Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 $ 171,500,107.40 December 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 2030 LT2 Variable(1) $ 232,930.00 December 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 2030 LT3 Variable(1) $ 274,380.00 December 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 2030 LT4 Variable(1) $ 248,060.00 December 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 2030 LT5 Variable(1) $ 431,250.00 December 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 2030 LT6 Variable(1) $ 344,630.00 December 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(32030 LT7 Variable(1) Only/Variable Rate $ 105,000.00 December 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 2030 LT8 Variable(1) $ 56,880.00 December 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(42030 LT9 Variable(1) Only/Variable Rate $ 48,120.00 December 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 2030 LT10 Variable(1) $ 1,758,752.20 December 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352030
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company intends at the Closing Date is the owner of the Mortgage Loans and the other property being conveyed by it to sell mortgage asset-backed pass-through certificates the Trust. On the Closing Date, the Company will acquire the Certificates from the Trust as consideration for its transfer to the Trust of the Mortgage Loans and certain other assets and will be the owner of the Certificates. The Company has duly authorized the execution and delivery of this Agreement to provide for (collectivelyi) the conveyance to the Trust of the Mortgage Loans and certain other assets and (ii) the issuance to the Company of the Certificates, representing in the aggregate the entire beneficial interest in REMIC I. The Company is entering into this Agreement, and the Trustee and the Delaware Trustee are each accepting the trust created hereby, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. The Certificates issued hereunder, other than the Junior Subordinate Certificates, have been offered for sale pursuant to a Prospectus, dated February 10, 2004, and a Prospectus Supplement, dated May 20, 2004, of the Company (together, the "CertificatesProspectus"). The Junior Subordinate Certificates have been offered for sale pursuant to a Private Placement Memorandum, dated May 25, 2004. The Trust created hereunder is intended to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets "Trust" described in the definition of Trust Fund, Prospectus and subject the Private Placement Memorandum and the Certificates are intended to this Agreement (including be the Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") for federal income tax purposes. 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. 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 this Series SupplementCertificates" described therein. The following table sets forth the designation, typetype of interest, Pass-Through Certificate Interest Rate, aggregate initial Class Principal Balance and Final Maturity Date for the Certificates: REMIC I Interests Class Designation for Certificate Initial Certificate Class each Class of Type of Interest Principal BalanceFinal Maturity Certificates Interest Rate (1) Balance Date* ------------------------ ------------ -------------------- -------------------- ------------------------ Class A-1 Regular Variable (2) $ 20,002,000.00 June 2034 Class A-2 Regular Variable (2) 2,344,000.00 June 2034 Class A-3 Regular Variable (2) 159,785,000.00 June 2034 Class A-4 Regular Variable (2) 74,849,000.00 June 2034 Class A-5 Regular Variable (2) 71,270,000.00 June 2034 Class A-6 Regular Variable (2) 157,900,000.00 June 2034 Class B-1 Regular Variable (2) 4,999,000.00 June 2034 Class B-2 Regular Variable (2) 3,499,000.00 June 2034 Class B-3 Regular Variable (2) 2,000,000.00 June 2034 Class B-4 Regular Variable (2) 1,000,000.00 June 2034 Class B-5 Regular Variable (2) 750,000.00 June 2034 Class B-6 Regular Variable (2) 1,499,506.51 June 2034 Class R (3) Residual 3.869% 100.00 June 2034 * The Distribution Date in the specified month, Maturity Datewhich is the month following the month the latest maturing Mortgage Loan matures. For federal income tax purposes, initial ratings and certain features for each Class of Certificates comprising REMIC I Regular and Residual Interests, the interests in "latest possible maturity date" shall be the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Final Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Date.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Wamu Mortgage Pass-Through Certificates, Series 2004-Ar5)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classessixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Yield Maintenance Agreement and any payments thereunder) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. UNCERTIFICATED REMIC I --------------------- INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE AA Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 744,801,293.43 February 25, 2020 II-2036 A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA Variable(1) $25,000.00 115,613,000.00 2,890,880.00 February 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2036 A-2 Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 2,792,610.00 February 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA 2036 A-3 Variable(1) $25,000.00 10,000,000.00 Support/Fixed Rate 438,310.00 February 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2036 M-1 Variable(1) $25,000.00 104,601,000.00 262,200.00 February 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2036 M-2 Variable(1) $25,000.00 1,302,649.20 Only 231,800.00 February 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2036 M-3 Variable(1) $2,000,000.00 Rate(3) Only/Variable Rate 148,200.00 February 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA 2036 M-4 Variable(1) $25,000.00 7,998,673.73 Only 125,400.00 February 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA 2036 M-5 Variable(1) $2,000,000.00 Rate(4) Only/Variable Rate 129,200.00 February 25, 2035 Class R-I 5.25% 2036 M-6 Variable(1) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 110,200.00 February 25, 2020 Class R-II 6.00% 2036 M-7 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 95,000.00 February 25, 2035 Class R-III 6.00% 2036 M-8 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 76,000.00 February 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA 2036 M-9 Variable(1) $25,000.00 $2,881,400.00 Rate 76,000.00 February 25, 2020 Class I-M-2 5.25% 2036 B-1 Variable(1) $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 76,000.00 February 25, 2020 Class I-M-3 5.25% 2036 ZZ Variable(1) $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 7,748,226.40 February 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Nc2 Trust)
PRELIMINARY STATEMENT. The Company intends has duly authorized the execution and delivery of this Agreement to sell mortgage asset-backed pass-through certificates provide for (collectivelyi) the sale to the Trust of the Mortgage Loans and certain other assets, (ii) the "Certificates"), issuance to be issued hereunder in multiple classes, which the Company of the REMIC I Regular Interests and the Class R-1 Residual Interest representing in the aggregate will evidence the entire beneficial ownership interest in REMIC I, (iii) the Mortgage Loans conveyance to the Trust of the REMIC I Regular Interests, (as defined hereiniv) the issuance to the Company of the REMIC II Regular Interests and the Class R-2 Residual Interest representing in the aggregate the entire beneficial interest in REMIC II, (v) the conveyance to the Trust of the REMIC II Regular Interests and (vi) the issuance to the Company of the Certificates. As provided hereinThe Company and the Servicer are entering into this Agreement, and the Trustee and the Delaware Trustee are each accepting the trust created hereby, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. The Certificates issued hereunder, other than the Junior Subordinate Certificates, have been offered for sale pursuant to a Prospectus, dated April 17, 2007, and a Prospectus Supplement, dated June 25, 2007, of the Company (together, the “Prospectus”). The Junior Subordinate Certificates have been offered for sale pursuant to a Private Placement Memorandum, dated June 27, 2007. The Trust created hereunder is the “Trust” described in the Prospectus and the Private Placement Memorandum and the Certificates are the “Certificates” described therein. The following tables set forth the designation, type of interest, Certificate Interest Rate, initial Class Principal Balance and Final Maturity Date for the REMIC I Regular Interests, the REMIC Administrator will make an election to treat II Regular Interests and the entire segregated pool of assets described Class R Residual Interests: Class LT1 Regular Variable (2) $590,125,170.11 April 2049 Class LT2 Regular Variable (2) 26,855.85 April 2049 Class LT3 Regular (3) 32,165.78 April 2049 Class LT4 Regular Variable (4) 32,165.78 April 2049 Class R-1(5) Residual 6.330% 100.00 April 2049 * The Distribution Date in the definition of Trust Fundspecified month, and subject to this Agreement (including which is two years following the month in which the latest maturing Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") for Loan matures. For federal income tax purposes. 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. 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 this Series Supplement. 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 REMIC I Regular and Residual Interests, the interests in “latest possible maturity date” shall be the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Final Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Date.
Appears in 1 contract
PRELIMINARY STATEMENT. The Company intends to sell mortgage assetmortgage-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesfifteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms , and provisions such segregated pool of assets will be designated as "REMIC I." Component I of the Standard Terms are hereby incorporated by reference herein as though set forth Class R Certificates will represent the sole Class of "residual interests" 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. 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 REMIC I for purposes of the date of this Series SupplementREMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, type, uncertificated remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate Principal Balance, ") and initial Uncertificated Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G 1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date. None of the REMIC I Regular Interests will be certificated. CLASS DESIGNATION FOR EACH REMIC I REGULAR INTEREST UNCERTIFICATED AND COMPONENT I REMIC I INITIAL OF THE CLASS R TYPE OF PASS-THROUGH UNCERTIFICATED CERTIFICATES INTEREST RATE BALANCE FINAL MATURITY DATE* Class Y-1 Regular Variable(1) $9,267.12 May 2036 Class Y-2 Regular Variable(2) $84,826.50 May 2036 Class Y-3 Regular Variable(3) $28,485.70 May 2036 Class Y-4 Regular Variable(4) $23,497.70 May 2036 Class Y-5 Regular Variable(5) $40,405.84 May 2036 Class Z-1 Regular Variable(1) $18,527,010.71 May 2036 Class Z-2 Regular Variable(2) $169,586,784.02 May 2036 Class Z-3 Regular Variable(3) $56,942,910.94 May 2036 Class Z-4 Regular Variable(4) $46,971,904.22 May 2036 Class Z-5 Regular Variable(5) $80,780,131.23 May 2036 Component I of the Class R Residual Variable(1) $100.00 May 2036 __________________ * The Distribution Date in the specified month, initial ratings and certain features which is the month following the month the latest maturing Mortgage Loan in the related Loan Group matures. For federal income tax purposes, the "latest possible maturity date" for each Class of Certificates comprising REMIC I Regular Interest shall be the interests in the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Date.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (GMACM Mortgage Loan Trust 2006-Ar2)
PRELIMINARY STATEMENT. The Company intends Depositor is the owner of the Trust Fund that is hereby conveyed to sell mortgage asset-backed pass-through certificates (collectivelythe Trustee in return for the Certificates. On or prior to the Closing Date, the "Certificates")Depositor acquired the Initial Mortgage Loans from the Seller. On the Closing Date, the Depositor will sell the Initial Mortgage Loans and certain other property to be issued hereunder the Trust Fund and receive in multiple classes, which in the aggregate will evidence consideration therefor Certificates evidencing the entire beneficial ownership interest in the Trust Fund. On or prior to any Subsequent Transfer Date, the Depositor acquired the Subsequent Mortgage Loans (as defined hereinLoans, which will be sold to the Trust on the related Subsequent Transfer Date. As provided herein, the REMIC Administrator Trustee will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including other than the Mortgage Loans), Net WAC Reserve Fund) as three real estate mortgage investment conduits a REMIC (each, a "REMIC"as defined herein) for federal income tax purposes. , and such segregated pool of assets will be designated as “REMIC I.” The terms and provisions Class R-1 Certificates will represent the sole class of Residual Interests in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement). The following table irrevocably sets forth the designation, type, the Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate the initial Uncertificated Principal BalanceBalance and, Maturity Datefor purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the “latest possible maturity date” for each Class of Certificates comprising the interests in REMIC I Regular Interests (as defined herein). None of the Trust Fund created hereunderREMIC I Regular Interests will be certificated. < p style=' margin-bottom:0pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'> Designation Initial Uncertificated Principal Balance Uncertificated REMIC I Pass-Through Aggregate Features(1Rate Latest Possible Maturity Date(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2AA $ 322,442,564.39 Variable(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 October 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate $ 550,000.00 Variable(2) October 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate $ 250,000.00 Variable(2) October 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 $ 750,000.00 Variable(2) October 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3A-4 $ 1,022,960.00 Variable(2) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only October 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4M-1 $ 187,550.00 Variable(2) Only/Variable Rate October 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate M-2 $ 171,090.00 Variable(2) October 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate M-3 $ 65,800.00 Variable(2) October 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate B-1 $ 65,800.00 Variable(2) October 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate B-2 $ 69,090.00 Variable(2) October 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate B-3 $ 59,220.00 Variable(2) October 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate B-4 $ 75,680.00 Variable(2) October 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate ZZ $ 3,313,270.50 Variable(2) October 25, 2035 Class 6.00P $ 100.00 0.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate October 25, 20352035 ___________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-Ac7)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classes, which in the aggregate will shall evidence the entire beneficial ownership interest in the Mortgage Loans each REMIC (as defined herein) created hereunder. The Trust Fund shall consist of a segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement. REMIC I ------- As provided herein, the REMIC Administrator will make an election Trustee shall elect to treat the entire segregated pool of assets described in consisting of the definition of Trust FundMortgage Loans and certain other related assets (other than any Master Servicer Prepayment Charge Payment Amounts, the Pre-Funding Accounts, the Interest Coverage Accounts, any Subsequent Mortgage Loan Interest, the Net WAC Rate Carryover Reserve Account and the Cap Contracts) subject to this Agreement (including the Mortgage Loans), as three real estate mortgage investment conduits (each, a "REMIC") REMIC for federal income tax purposes. , and such segregated pool of assets shall be designated as "REMIC I." The terms and provisions Class R-I Interest shall be the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement). The following table irrevocably sets forth the designation, type, Pass-Through the REMIC I Remittance Rate, aggregate Initial Certificate Principal Balancethe initial Uncertificated Balance and, Maturity Datesolely for purposes of satisfying Treasury regulation section 1.860G-1(a)(4)(iii), initial ratings and certain features the "latest possible maturity date" for each Class of Certificates comprising the interests in REMIC I Regular Interests (as defined herein). None of the Trust Fund created hereunderREMIC I Regular Interests shall be certificated. REMIC I Initial Latest Possible Designation Pass-Through Aggregate Features(1Remittance Rate Uncertificated Balance Maturity Date(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- --------------- ---------------------- ----------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 LT1 Variable(2) $ 2,260,928,984.02 February 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only LT1PF Variable(2) $ 557,239,870.27 February 25, 2020 I▇▇▇▇ ▇-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3▇▇▇ Variable(2) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only $ 471,290,900.20 February 25, 2035 III-ALT2PF Variable(2) $ 115,843,553.89 February 25, ▇▇▇▇ ▇-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4▇▇▇ Variable(2) Only/Variable Rate $ 717,781,040.69 February 25, 2035 Class RI-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate LT3PF Variable(2) $ 176,916,525.29 February 25, 2020 Class R▇▇▇▇ ▇-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate ▇▇▇ Variable(2) $ 100.00 February 25, 2035
Appears in 1 contract
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined herein). As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), exclusive of amounts on deposit in the Initial Monthly Payment Fund, as three real estate mortgage investment conduits (each, a "“REMIC"”) for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation Aggregate Initial Pass-Through Aggregate Features(1) Certificate Principal Maturity Fitch/ Minimum Designation Rate Initial Balance Features(1) Date ▇▇▇▇▇'’▇/S&P Denomina- Certificate tions(2Denominations(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- ------------------------------------------------------------------------------------------------------------------------------------------------ I-A-1 5.25Adjustable $166,039,000.00 Senior/Floater/Adjustable Rate September 25, 2036 AAA/Aaa/AAA $25,000.00 Rate(3) I-A-2 Adjustable $0.00(4) Senior/Interest Only/Inverse September 25, 2036 AAA/Aaa/AAA $2,000,000.00 Rate(3) Floater/Adjustable Rate I-A-3 6.00% $29,887,000.00 Senior/Super Senior/Lockout/Fixed September 25, 2036 AAA/Aaa/AAA $25,000.00 Rate I-A-4 6.00% $3,321,000.00 Senior/Senior Support/Lockout/Fixed September 25, 2036 AAA/Aaa/AAA $25,000.00 Rate I-A-5 6.00% $53,348,000.00 Senior/Fixed Rate September 25, 2036 AAA/Aaa/NA AAA $25,000.00 125,510,000.00 I-A-6 6.00% $77,359,000.00 Senior/PAC/Fixed Rate September 25, 2020 II2036 AAA/Aaa/AAA $25,000.00 I-A-1 A-7 6.00% $43,235,000.00 Senior/Companion/Fixed Rate September 25, 2036 AAA/Aaa/AAA $25,000.00 I-A-8 6.00% $58,285,000.00 Senior/Fixed Rate September 25, 2036 AAA/NAAaa/AAA $25,000.00 115,613,000.00 25, 2035 IIII-A-1 A-9 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% 38,339,000.00 Senior/Fixed Rate September 25, 2036 AAA/NAAaa/AAA $25,000.00 104,601,000.00 I-A-10 6.00% $19,338,000.00 Senior/Fixed Rate September 25, 2035 2036 AAA/Aaa/AAA $25,000.00 I-A-11 6.00% $8,966,000.00 Senior/Fixed Rate September 25, 2036 AAA/Aaa/AAA $25,000.00 II-A-1 5.75% $100,045,000.00 Senior/Fixed Rate September 25, 2021 AAA/Aaa/AAA $25,000.00 I-A-P 0.00% $1,830,325.50 Senior/Principal Only September 25, 2036 AAA/Aaa/NA AAA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest $0.00(6) Senior/Interest Only/ September 25, 2036 AAA/Aaa/NA AAA $2,000,000.00 Rate(3Rate(5) Only/Variable Rate 25, 2020 II-A-P 0.00% $879,871.78 Senior/Principal Only September 25, 2021 AAA/NAAaa/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest $0.00(6) Senior/Interest Only/ September 25, 2021 AAA/NAAaa/AAA $2,000,000.00 Rate(4Rate(5) Only/Variable Rate 25, 2035 Class R-I 5.256.50% $100.00 Senior/Residual/FixedSeptember Fixed Rate September 25, 2036 AAA/Aaa/NA 75 Rate 25, 2020 Class AAA (7) R-II 6.005.75% $50.00 Senior/Residual/FixedSeptember Fixed Rate September 25, 2021 AAA/NAAaa/AAA 5 Rate 25, 2035 Class (7) R-III 6.005.75% $50.00 Senior/Residual/FixedSeptember Fixed Rate September 25, 2021 AAA/NAAaa/AAA 5 Rate 25, 2035 Class (7) I-M-1 5.256.50% $20,138,500.00 Mezzanine/Fixed Rate September 25, 2036 AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.256.50% $327,400.00 5,638,500.00 Mezzanine/Fixed Rate September 25, 2036 A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.256.50% $392,900.00 4,296,000.00 Mezzanine/Fixed Rate September 25, 2036 BBB/NA/NA $250,000.00 5.75% $1,925,000.00 013fIMezzanine/Fixed Rate September 25, 2020 Class 6.00% Mezzanine/Fixed September NA2021 AA/NA/AA NA $25,000.00 II-M-1 M-2 5.75% $11,637,900.00 Rate 25, 2035 Class 6.00% 416,200.00 Mezzanine/Fixed Rate September NA25, 2021 A/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB NA $250,000.00 II-M-3 5.75% $2,909,300.00 260,100.00 Mezzanine/Fixed Rate September 25, 2035 Class 2021 BBB/NA/NA $250,000.00 I-B-1 5.256.50% $196,400.00 2,685,000.00 Subordinate/Fixed Rate September 25, 2036 BB/NA/NA 2 Rate 25, 2020 Class $250,000.00 I-B-2 5.256.50% $130,900.00 2,148,000.00 Subordinate/Fixed Rate September 25, 2036 B/NA/NA 2 Rate 25, 2020 Class $250,000.00 I-B-3 5.256.50% $196,455.55 2,148,050.26 Subordinate/Fixed Rate September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September 2036 NA/NA/NA $250,000.00 II-B-3 B-1 5.75% $1,697,095.41 208,100.00 Subordinate/Fixed Rate September 25, 20352021 BB/NA/NA $250,000.00 II-B-2 5.75% $156,000.00 Subordinate/Fixed Rate September 25, 2021 B/NA/NA $250,000.00 II-B-3 5.75% $156,192.10 Subordinate/Fixed Rate September 25, 2021 NA/NA/NA $250,000.00
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RALI Series 2006-Qs13 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classessixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Swap Account and the Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. UNCERTIFICATED REMIC I INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE AA Variable(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 509,600,015.05 March 25, 2020 II-2036 A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA Variable(1) $25,000.00 115,613,000.00 2,033,820 March 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2036 A-2 Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 1,785,600 March 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA 2036 A-3 Variable(1) $25,000.00 10,000,000.00 Support/Fixed Rate 246,980 March 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2036 M-1 Variable(1) $25,000.00 104,601,000.00 195,000 March 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2036 M-2 Variable(1) $25,000.00 1,302,649.20 Only 176,800 March 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2036 M-3 Variable(1) $2,000,000.00 Rate(3) Only/Variable Rate 101,400 March 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA 2036 M-4 Variable(1) $25,000.00 7,998,673.73 Only 93,600 March 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA 2036 M-5 Variable(1) $2,000,000.00 Rate(4) Only/Variable Rate 85,800 March 25, 2035 Class R-I 5.25% 2036 M-6 Variable(1) $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 83,200 March 25, 2020 Class R-II 6.00% 2036 M-7 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 78,000 March 25, 2035 Class R-III 6.00% 2036 M-8 Variable(1) $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 65,000 March 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA 2036 M-9 Variable(1) $25,000.00 $2,881,400.00 Rate 52,000 March 25, 2020 Class I-M-2 5.25% 2036 M-10 Variable(1) $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 52,000 March 25, 2020 Class I-M-3 5.25% 2036 ZZ Variable(1) $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 5,350,800.31 March 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Nc3 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple twenty-two classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust the Reserve Fund, the Swap Account and the Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, typeremittance rate (the "Uncertificated REMIC I Pass-Through Rate") and initial Uncertificated Principal Balance for the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. UNCERTIFICATED REMIC I UNCERTIFICATED PRINCIPAL LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE BALANCE MATURITY DATE $ A-I Variable(1) 1,231.00 June 25, 2035 $ I-1-A Variable(1) 4,670,916.15 June 25, 2035 $ I-1-B Variable(1) 4,670,916.15 June 25, 2035 $ I-2-A Variable(1) 6,652,579.07 June 25, 2035 $ I-2-B Variable(1) 6,652,579.07 June 25, 2035 $ I-3-A Variable(1) 32,456,673.20 June 25, 2035 $ I-3-B Variable(1) 32,456,673.20 June 25, 2035 $ I-4-A Variable(1) 13,467,052.79 June 25, 2035 $ I-4-B Variable(1) 13,467,052.79 June 25, 2035 $ I-5-A Variable(1) 11,868,110.93 June 25, 2035 $ I-5-B Variable(1) 11,868,110.93 June 25, 2035 $ I-6-A Variable(1) 13,719,631.84 June 25, 2035 $ I-6-B Variable(1) 13,719,631.84 June 25, 2035 $ I-7-A Variable(1) 15,516,881.89 June 25, 2035 $ I-7-B Variable(1) 15,516,881.89 June 25, 2035 $ I-8-A Variable(1) 17,516,988.76 June 25, 2035 $ I-8-B Variable(1) 17,516,988.76 June 25, 2035 $ I-9-A Variable(1) 20,038,669.21 June 25, 2035 $ I-9-B Variable(1) 20,038,669.21 June 25, 2035 $ I-10-A Variable(1) 19,696,755.39 June 25, 2035 $ I-10-B Variable(1) 19,696,755.39 June 25, 2035 $ I-11-A Variable(1) 20,363,624.75 June 25, 2035 $ I-11-B Variable(1) 20,363,624.75 June 25, 2035 $ I-12-A Variable(1) 19,409,981.61 June 25, 2035 $ I-12-B Variable(1) 19,409,981.61 June 25, 2035 $ I-13-A Variable(1) 18,500,678.94 June 25, 2035 $ I-13-B Variable(1) 18,500,678.94 June 25, 2035 $ I-14-A Variable(1) 17,634,647.21 June 25, 2035 $ I-14-B Variable(1) 17,634,647.21 June 25, 2035 $ I-15-A Variable(1) 16,809,806.49 June 25, 2035 $ I-15-B Variable(1) 16,809,806.49 June 25, 2035 $ I-16-A Variable(1) 16,024,177.50 June 25, 2035 $ I-16-B Variable(1) 16,024,177.50 June 25, 2035 $ I-17-A Variable(1) 15,285,027.27 June 25, 2035 $ I-17-B Variable(1) 15,285,027.27 June 25, 2035 $ I-18-A Variable(1) 14,570,818.89 June 25, 2035 $ I-18-B Variable(1) 14,570,818.89 June 25, 2035 $ I-19-A Variable(1) 13,911,768.44 June 25, 2035 $ I-19-B Variable(1) 13,911,768.44 June 25, 2035 $ I-20-A Variable(1) 13,709,537.67 June 25, 2035 $ I-20-B Variable(1) 13,709,537.67 June 25, 2035 $ I-21-A Variable(1) 15,586,905.92 June 25, 2035 $ I-21-B Variable(1) 15,586,905.92 June 25, 2035 $ I-22-A Variable(1) 46,610,692.98 June 25, 2035 $ I-22-B Variable(1) 46,610,692.98 June 25, 2035 $ I-23-A Variable(1) 128,336,583.33 June 25, 2035 $ I-23-B Variable(1) 128,336,583.33 June 25, 2035 $ I-24-A Variable(1) 5,459,446.89 June 25, 2035 $ I-24-B Variable(1) 5,459,446.89 June 25, 2035 $ I-25-A Variable(1) 4,783,546.70 June 25, 2035 $ I-25-B Variable(1) 4,783,546.70 June 25, 2035 $ I-26-A Variable(1) 3,998,025.16 June 25, 2035 $ I-26-B Variable(1) 3,998,025.16 June 25, 2035 $ I-27-A Variable(1) 3,009,740.35 June 25, 2035 $ I-27-B Variable(1) 3,009,740.35 June 25, 2035 $ I-28-A Variable(1) 2,867,797.86 June 25, 2035 $ I-28-B Variable(1) 2,867,797.86 June 25, 2035 $ I-29-A Variable(1) 2,736,524.31 June 25, 2035 $ I-29-B Variable(1) 2,736,524.31 June 25, 2035 $ I-30-A Variable(1) 2,611,921.00 June 25, 2035 $ I-30-B Variable(1) 2,611,921.00 June 25, 2035 $ I-31-A Variable(1) 2,493,622.50 June 25, 2035 $ I-31-B Variable(1) 2,493,622.50 June 25, 2035 $ I-32-A Variable(1) 2,409,807.12 June 25, 2035 $ I-32-B Variable(1) 2,409,807.12 June 25, 2035 $ I-33-A Variable(1) 2,414,927.65 June 25, 2035 $ I-33-B Variable(1) 2,414,927.65 June 25, 2035 $ I-34-A Variable(1) 6,991,604.00 June 25, 2035 $ I-34-B Variable(1) 6,991,604.00 June 25, 2035 $ I-35-A Variable(1) 7,117,789.34 June 25, 2035 $ I-35-B Variable(1) 7,117,789.34 June 25, 2035 $ I-36-A Variable(1) 1,375,898.99 June 25, 2035 $ I-36-B Variable(1) 1,375,898.99 June 25, 2035 $ I-37-A Variable(1) 1,325,842.52 June 25, 2035 $ I-37-B Variable(1) 1,325,842.52 June 25, 2035 $ I-38-A Variable(1) 1,277,812.02 June 25, 2035 $ I-38-B Variable(1) 1,277,812.02 June 25, 2035 $ I-39-A Variable(1) 1,231,715.02 June 25, 2035 $ I-39-B Variable(1) 1,231,715.02 June 25, 2035 $ I-40-A Variable(1) 1,187,463.76 June 25, 2035 $ I-40-B Variable(1) 1,187,463.76 June 25, 2035 $ I-41-A Variable(1) 1,144,974.91 June 25, 2035 $ I-41-B Variable(1) 1,144,974.91 June 25, 2035 $ I-42-A Variable(1) 1,104,169.32 June 25, 2035 $ I-42-B Variable(1) 1,104,169.32 June 25, 2035 $ I-43-A Variable(1) 1,064,971.84 June 25, 2035 $ I-43-B Variable(1) 1,064,971.84 June 25, 2035 $ I-44-A Variable(1) 1,027,311.01 June 25, 2035 $ I-44-B Variable(1) 1,027,311.01 June 25, 2035 $ I-45-A Variable(1) 991,118.97 June 25, 2035 $ I-45-B Variable(1) 991,118.97 June 25, 2035 $ I-46-A Variable(1) 956,331.20 June 25, 2035 $ I-46-B Variable(1) 956,331.20 June 25, 2035 $ I-47-A Variable(1) 922,886.34 June 25, 2035 $ I-47-B Variable(1) 922,886.34 June 25, 2035 $ I-48-A Variable(1) 890,726.06 June 25, 2035 $ I-48-B Variable(1) 890,726.06 June 25, 2035 $ I-49-A Variable(1) 859,794.84 June 25, 2035 $ I-49-B Variable(1) 859,794.84 June 25, 2035 $ I-50-A Variable(1) 830,039.88 June 25, 2035 $ I-50-B Variable(1) 830,039.88 June 25, 2035 $ I-51-A Variable(1) 801,410.92 June 25, 2035 $ I-51-B Variable(1) 801,410.92 June 25, 2035 $ I-52-A Variable(1) 773,860.12 June 25, 2035 $ I-52-B Variable(1) 773,860.12 June 25, 2035 $ I-53-A Variable(1) 747,341.92 June 25, 2035 $ I-53-B Variable(1) 747,341.92 June 25, 2035 $ I-54-A Variable(1) 729,362.81 June 25, 2035 $ I-54-B Variable(1) 729,362.81 June 25, 2035 $ I-55-A Variable(1) 696,777.65 June 25, 2035 $ I-55-B Variable(1) 696,777.65 June 25, 2035 $ I-56-A Variable(1) 691,965.18 June 25, 2035 $ I-56-B Variable(1) 691,965.18 June 25, 2035 $ I-57-A Variable(1) 1,132,588.88 June 25, 2035 $ I-57-B Variable(1) 1,132,588.88 June 25, 2035 $ I-58-A Variable(1) 737,687.37 June 25, 2035 $ I-58-B Variable(1) 737,687.37 June 25, 2035 $ I-59-A Variable(1) 873,039.50 June 25, 2035 $ I-59-B Variable(1) 873,039.50 June 25, 2035 $ I-60-A Variable(1) 17,371,645.93 June 25, 2035 $ I-60-B Variable(1) 17,371,645.93 June 25, 2035 ___________________________ (1) Calculated in accordance with the definition of "Uncertificated REMIC I Pass-Through Rate" herein. REMIC II As provided herein, the REMIC Administrator will elect to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC II". The Class R-II Certificates will be the sole class of "residual interests" in REMIC II for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Uncertificated REMIC II Pass-Through Rate, aggregate Initial Certificate the initial Uncertificated Principal BalanceBalance and, Maturity Datefor purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the "latest possible maturity date" for each Class of Certificates comprising the interests in REMIC II Regular Interests (as defined herein). None of the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-REMIC II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Regular Interests will be certificated.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005-Rs6 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesfourteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fundthe Supplemental Interest Trust, the Swap Agreement and the X-AMB Swap Agreement) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G 1(a)(4)(iii)) for each REMIC I Regular Interest shall be the Maturity Date. None of the REMIC I Regular Interests will be certificated. Uncertificated REMIC I Initial Uncertificated REMIC I Latest Possible Designation Pass-Through Rate Principal Balance Maturity Date I-1-A Variable(1) $ 5,463,600.180 August 2036 I-2-A Variable(1) 6,668,589.705 August 2036 I-3-A Variable(1) 7,598,468.195 August 2036 I-4-A Variable(1) 8,168,076.090 August 2036 I-5-A Variable(1) 8,878,589.765 August 2036 I-6-A Variable(1) 9,474,496.970 August 2036 I-7-A Variable(1) 10,172,692.815 August 2036 I-8-A Variable(1) 10,873,961.660 August 2036 I-9-A Variable(1) 11,057,782.650 August 2036 I-10-A Variable(1) 10,777,803.755 August 2036 I-11-A Variable(1) 10,541,803.710 August 2036 I-12-A Variable(1) 10,025,258.855 August 2036 I-13-A Variable(1) 9,538,404.890 August 2036 I-14-A Variable(1) 9,080,343.625 August 2036 I-15-A Variable(1) 8,649,099.460 August 2036 I-16-A Variable(1) 8,242,852.430 August 2036 I-17-A Variable(1) 7,859,923.135 August 2036 I-18-A Variable(1) 7,498,808.380 August 2036 I-19-A Variable(1) 7,158,120.100 August 2036 I-20-A Variable(1) 6,842,087.600 August 2036 I-21-A Variable(1) 6,573,720.445 August 2036 I-22-A Variable(1) 6,345,576.270 August 2036 I-23-A Variable(1) 6,125,738.855 August 2036 I-24-A Variable(1) 5,930,028.360 August 2036 I-25-A Variable(1) 5,739,586.865 August 2036 I-26-A Variable(1) 5,554,133.355 August 2036 I-27-A Variable(1) 5,373,475.880 August 2036 I-28-A Variable(1) 5,197,446.620 August 2036 I-29-A Variable(1) 5,027,702.160 August 2036 I-30-A Variable(1) 4,862,863.885 August 2036 I-31-A Variable(1) 4,710,177.030 August 2036 I-32-A Variable(1) 4,576,279.865 August 2036 I-33-A Variable(1) 4,425,433.615 August 2036 I-34-A Variable(1) 4,260,492.745 August 2036 I-35-A Variable(1) 4,104,647.600 August 2036 I-36-A Variable(1) 3,956,411.340 August 2036 I-37-A Variable(1) 3,815,589.615 August 2036 I-38-A Variable(1) 3,677,048.470 August 2036 I-39-A Variable(1) 3,531,929.815 August 2036 I-40-A Variable(1) 3,382,008.105 August 2036 I-41-A Variable(1) 3,238,701.315 August 2036 I-42-A Variable(1) 3,096,072.160 August 2036 I-43-A Variable(1) 2,960,185.340 August 2036 I-44-A Variable(1) 2,830,722.610 August 2036 I-45-A Variable(1) 2,707,362.375 August 2036 I-46-A Variable(1) 2,589,803.365 August 2036 I-47-A Variable(1) 2,477,759.705 August 2036 I-48-A Variable(1) 2,370,961.390 August 2036 I-49-A Variable(1) 2,269,152.085 August 2036 I-50-A Variable(1) 2,172,090.175 August 2036 I-51-A Variable(1) 2,079,547.870 August 2036 I-52-A Variable(1) 1,991,302.230 August 2036 I-53-A Variable(1) 1,907,136.485 August 2036 I-54-A Variable(1) 1,826,838.670 August 2036 I-55-A Variable(1) 1,750,175.830 August 2036 I-56-A Variable(1) 1,676,894.530 August 2036 I-57-A Variable(1) 1,606,725.440 August 2036 I-58-A Variable(1) 1,539,910.690 August 2036 I-59-A Variable(1) 40,483,333.250 August 2036 I-1-B Variable(1) 5,463,600.180 August 2036 I-2-B Variable(1) 6,668,589.705 August 2036 I-3-B Variable(1) 7,598,468.195 August 2036 I-4-B Variable(1) 8,168,076.090 August 2036 I-5-B Variable(1) 8,878,589.765 August 2036 I-6-B Variable(1) 9,474,496.970 August 2036 I-7-B Variable(1) 10,172,692.815 August 2036 I-8-B Variable(1) 10,873,961.660 August 2036 I-9-B Variable(1) 11,057,782.650 August 2036 I-10-B Variable(1) 10,777,803.755 August 2036 I-11-B Variable(1) 10,541,803.710 August 2036 I-12-B Variable(1) 10,025,258.855 August 2036 I-13-B Variable(1) 9,538,404.890 August 2036 I-14-B Variable(1) 9,080,343.625 August 2036 I-15-B Variable(1) 8,649,099.460 August 2036 I-16-B Variable(1) 8,242,852.430 August 2036 I-17-B Variable(1) 7,859,923.135 August 2036 I-18-B Variable(1) 7,498,808.380 August 2036 I-19-B Variable(1) 7,158,120.100 August 2036 I-20-B Variable(1) 6,842,087.600 August 2036 I-21-B Variable(1) 6,573,720.445 August 2036 I-22-B Variable(1) 6,345,576.270 August 2036 I-23-B Variable(1) 6,125,738.855 August 2036 I-24-B Variable(1) 5,930,028.360 August 2036 I-25-B Variable(1) 5,739,586.865 August 2036 I-26-B Variable(1) 5,554,133.355 August 2036 I-27-B Variable(1) 5,373,475.880 August 2036 I-28-B Variable(1) 5,197,446.620 August 2036 I-29-B Variable(1) 5,027,702.160 August 2036 I-30-B Variable(1) 4,862,863.885 August 2036 I-31-B Variable(1) 4,710,177.030 August 2036 I-32-B Variable(1) 4,576,279.865 August 2036 I-33-B Variable(1) 4,425,433.615 August 2036 I-34-B Variable(1) 4,260,492.745 August 2036 I-35-B Variable(1) 4,104,647.600 August 2036 I-36-B Variable(1) 3,956,411.340 August 2036 I-37-B Variable(1) 3,815,589.615 August 2036 I-38-B Variable(1) 3,677,048.470 August 2036 I-39-B Variable(1) 3,531,929.815 August 2036 I-40-B Variable(1) 3,382,008.105 August 2036 I-41-B Variable(1) 3,238,701.315 August 2036 I-42-B Variable(1) 3,096,072.160 August 2036 I-43-B Variable(1) 2,960,185.340 August 2036 I-44-B Variable(1) 2,830,722.610 August 2036 I-45-B Variable(1) 2,707,362.375 August 2036 I-46-B Variable(1) 2,589,803.365 August 2036 I-47-B Variable(1) 2,477,759.705 August 2036 I-48-B Variable(1) 2,370,961.390 August 2036 I-49-B Variable(1) 2,269,152.085 August 2036 I-50-B Variable(1) 2,172,090.175 August 2036 I-51-B Variable(1) 2,079,547.870 August 2036 I-52-B Variable(1) 1,991,302.230 August 2036 I-53-B Variable(1) 1,907,136.485 August 2036 I-54-B Variable(1) 1,826,838.670 August 2036 I-55-B Variable(1) 1,750,175.830 August 2036 I-56-B Variable(1) 1,676,894.530 August 2036 I-57-B Variable(1) 1,606,725.440 August 2036 I-58-B Variable(1) 1,539,910.690 August 2036 I-59-B Variable(1) 40,483,333.250 August 2036 A-I Variable(1) 7,751,035.520 August 2036 _______________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-Through Rate. REMIC II As provided herein, aggregate Initial Certificate Principal Balancethe REMIC Administrator will make an election to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, Maturity Date, initial ratings and certain features for each Class such segregated pool of Certificates comprising the interests in the Trust Fund created hereunder. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 assets will be designated as "REMIC II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 ." The Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25Certificates will represent the sole Class of "residual interests" in REMIC II for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, 2035 Class Rremittance rate (the "Uncertificated REMIC II Pass-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC II (the "REMIC II Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G 1(a)(4)(iii)) for each REMIC II Regular Interest shall be the Maturity Date. None of the REMIC II Regular Interests will be certificated.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust Series 2006-Amn1)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage LoansLoans but excluding the Initial Monthly Payment Fund), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. 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. 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 this the Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE MOODY'S / PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date THR▇▇▇▇ ▇RINCIPAL MATURITY ----------- MINIMUM DESIGNATION RATE BALANCE FEATURES1 DATE FITCH DENOMINATIONS2 -------- Class CB 7.00% $112,614,000.00 Senior August 25, 2031 Aaa/▇▇▇ $▇▇,▇▇▇.▇▇ ▇▇▇▇▇ ▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25▇ 7.00% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 33,302,000.00 Senior/ August 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA2031 Aaa/AAA $25,000.00 115,613,000.00 Accretion Directed Class NB-2 7.00% $72,100,000.00 Senior/ August 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA2031 Aaa/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate Accretion Directed Class NB-3 7.00% $6,000,000.00 Senior/ August 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA2031 Aaa/AAA $25,000.00 10,000,000.00 SupportAccrual Class NB-4 6.75% $13,500,000.00 Senior/Fixed Rate Lockout August 25, 2035 III2031 ▇▇▇/▇▇▇ $▇▇,▇▇▇.▇▇ ▇▇▇▇▇ ▇▇-A-3 6.00▇ 7.25% $13,500,000.00 Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 Lockout August 25, 2035 I2031 ▇▇▇/▇▇▇ $▇▇,▇▇▇.▇▇ ▇▇▇▇▇ ▇-A-P ▇ 0.00% $467,131.79 Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only PrincipaAugust 25, 2020 I-2031 ▇▇▇/▇▇▇ $▇▇,▇▇▇.▇▇ Only Class A-V Variable $0.00 Senior//Interest September AAASenior/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate VariableAugust 25, 2020 II-A-P 0.00% Senior2031 ▇▇▇/Principal September AAA▇▇▇ ▇ ▇▇▇▇▇ Rate/NA/AAA $25,000.00 7,998,673.73 Interest Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25R 7.00% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate ResidualAugust 25, 2020 Class R2031 ▇▇▇/▇▇▇ ▇ ▇▇▇▇▇ ▇-II 6.00▇ ▇.▇▇% $50.00 Senior/Residual/FixedSeptember AAA/▇,668,700.00 Mezzanine August 25, 2031 NA/AAA 5 Rate AA $25,000.00 Class M-2 7.00% $2,400,100.00 Mezzanine August 25, 2035 2031 NA/A $250,000.00 Class R-III 6.00M-3 7.00% $50.00 Senior/Residual/FixedSeptember AAA/1,066,800.00 Mezzanine August 25, 2031 NA/AAA 5 Rate BBB $250,000.00 Class B-1 7.00% $1,333,400.00 Subordinate August 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/2031 NA/NA BB $25,000.00 250,000.00 Class B-2 7.00% $2,881,400.00 Rate 800,100.00 Subordinate August 25, 2020 2031 NA/B $250,000.00 Class I-M-2 5.25B-3 7.00% $327,400.00 Mezzanine/Fixed September A/933,413.49 Subordinate August 25, 2031 NA/NA $250,000.00 ________________ 1 The Certificates, other than the Class A-P, Class A-V, Class B and Class R Certificates shall be Book-Entry Certificates. The Class A-P, Class A-V, Class B and Class R 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) 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-1, Class B-2 and Class B-3 Certificates that contain 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. 3 The Initial Pass-Through Rate 25on the Class A-V Certificates is 0.5382%. 4 The Class A-V Certificates shall be issuable in minimum denominations of not less than a 20% Percentage Interest. 5 The Class R Certificates shall be issuable in minimum denominations of not less than a 20% Percentage Interest; provided, 2020 however, that one Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035R 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%.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple eleven classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein). REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Group I Loans and certain other related assets (exclusive of Trust the Reserve Fund, and ) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, typeremittance rate (the "Uncertificated REMIC I Pass- Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each REMIC I Regular Interest shall be the 360th Distribution Date. None of the REMIC I Regular Interests will be certificated. UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT1-AI-AA Variable(1) $ 490,000,582.94 May 25, 2033 LT1-AI-1 Variable(1) $ 1,686,000.00 May 25, 2033 LT1-AI-2 Variable(1) $ 548,000.00 May 25, 2033 LT1-AI-3 Variable(1) $ 912,000.00 May 25, 2033 LT1-AI-4 Variable(1) $ 794,000.00 May 25, 2033 LT1-AI-5 Variable(1) $ 560,000.00 May 25, 2033 LT1-AI-6 Variable(1) $ 500,000.00 May 25, 2033 LT1-AI-ZZ Variable(1) $ 5,000,011.90 May 25, 2033 _______________ (1) Calculated as provided in the definition of Uncertificated REMIC I 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. Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Company intends Depositor is the owner of the Trust Fund that is hereby conveyed to sell mortgage asset-backed pass-through certificates (collectivelythe Trustee in return for the Certificates. On or prior to the Closing Date, the "Certificates")Depositor acquired the Mortgage Loans from the Seller. On the Closing Date, the Depositor will sell the Mortgage Loans and certain other property to be issued hereunder the Trust Fund and receive in multiple classes, which in the aggregate will evidence consideration therefor Certificates evidencing the entire beneficial ownership interest in the Mortgage Loans (as defined hereinTrust Fund. As provided herein, the REMIC Administrator Trustee will make an election elect to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including other than the Mortgage Loans)Reserve Fund, any Prepayment Charge Waiver Amounts and, for the avoidance of doubt, the Supplemental Interest Trust, the Swap Agreement, the Swap Account, the Swap Collateral Account and any rights or obligations in respect of the Swap Administration Agreement) as three real estate mortgage investment conduits a REMIC (each, a "REMIC"as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC I”. The terms and provisions Class R-1 Certificates will represent the sole class of Residual Interests (as defined herein) in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement). The following table irrevocably sets forth the designation, type, the Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate the initial Uncertificated Principal BalanceBalance and, Maturity Datefor purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the “latest possible maturity date” for each Class of Certificates comprising the interests in REMIC I Regular Interests (as defined herein). None of the Trust Fund created hereunderREMIC I Regular Interests will be certificated. Designation Uncertificated REMIC I Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Uncertificated Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- ILatest Possible Maturity Date (1) I-10-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 25, 2020 IIB Variable(2) $ 4,378,194.22 January 2037 I-11-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 IIIB Variable(2) $ 4,223,157.08 January 2037 I-13-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 IIIB Variable(2) $ 3,929,339.25 January 2037 I-18-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 IIIB Variable(2) $ 3,281,047.07 January 2037 I-20-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 IB Variable(2) $ 3,052,701.57 January 2037 I-26-AB Variable(2) $ 2,458,561.33 January 2037 I-27-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 IA Variable(2) $ 2,371,433.61 January 2037 I-27-AB Variable(2) $ 2,371,433.61 January 2037 I-30-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3B Variable(2) Only/Variable Rate 25, 2020 II$ 2,128,117.84 January 2037 I-32-AB Variable(2) $ 1,979,920.80 January 2037 I-33-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 IIB Variable(2) $ 1,909,732.63 January 2037 I-35-AB Variable(2) $ 1,776,721.55 January 2037 I-38-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4B Variable(2) Only/Variable Rate 25, 2035 Class R$ 1,594,346.40 January 2037 I-39-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class RA Variable(2) $ 1,537,807.29 January 2037 I-39-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class RB Variable(2) $ 1,537,807.29 January 2037 I-40-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class IA Variable(2) $ 1,483,269.92 January 2037 I-40-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class IB Variable(2) $ 1,483,269.92 January 2037 I-41-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class IA Variable(2) $ 1,430,663.50 January 2037 I-41-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 IIB Variable(2) $ 1,430,663.50 January 2037 I-42-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 IIVariable(2) $ 1,379,919.75 January 2037 I-42-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 IIB Variable(2) $ 1,379,919.75 January 2037 I-43-M-3 $2,909,300.00 Rate 25, 2035 Class IB Variable(2) $ 1,330,972.79 January 2037 I-44-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class IA Variable(2) $ 1,283,759.08 January 2037 I-44-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class IB Variable(2) $ 1,283,759.08 January 2037 I-45-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 IIA Variable(2) $ 34,814,906.40 January 2037 I-45-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 IIVariable(2) $ 34,814,906.40 January 2037 II-1-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 IIA Variable(2) $ 482,848.96 January 2037 II-1-B-3 $1,697,095.41 Rate 25, 2035B Variable(2) $ 482,848.96 January 2037 II-2-A Variable(2) $ 465,757.18 January 2037 II-2-B Variable(2) $ 465,757.18 January 2037 II-3-A Variable(2) $ 449,269.74 January 2037 II-3-B Variable(2) $ 449,269.74 January 2037 II-4-A Variable(2) $ 433,365.30 January 2037 II-4-B Variable(2) $ 433,365.30 January 2037 II-5-A Variable(2) $ 418,023.25 January 2037 II-5-B Variable(2) $ 418,023.25 January 2037 II-6-A Variable(2) $ 403,223.73 January 2037 II-6-B Variable(2) $ 403,223.73 January 2037 II-7-A Variable(2) $ 388,947.56 January 2037 II-7-B Variable(2) $ 388,947.56 January 2037 II-8-A Variable(2) $ 375,176.25 January 2037 II-8-B Variable(2) $ 375,176.25 January 2037 II-9-A Variable(2) $ 361,891.97 January 2037 II-9-B Variable(2) $ 361,891.97 January 2037 II-10-A Variable(2) $ 349,077.50 January 2037 II-10-B Variable(2) $ 349,077.50 January 2037 II-11-A Variable(2) $ 336,716.24 January 2037 II-11-B Variable(2) $ 336,716.24 January 2037 II-12-A Variable(2) $ 324,792.19 January 2037 II-12-B Variable(2) $ 324,792.19 January 2037 II-13-A Variable(2) $ 313,289.87 January 2037 II-13-B Variable(2) $ 313,289.87 January 2037 II-14-A Variable(2) $ 302,194.41 January 2037 II-14-B Variable(2) $ 302,194.41 January 2037 II-15-A Variable(2) $ 291,491.41 January 2037 II-15-B Variable(2) $ 291,491.41 January 2037 II-16-A Variable(2) $ 281,167.00 January 2037 II-16-B Variable(2) $ 281,167.00 January 2037 II-17-A Variable(2) $ 271,207.82 January 2037 II-17-B Variable(2) $ 271,207.82 January 2037 II-18-A Variable(2) $ 261,600.94 January 2037 II-18-B Variable(2) $ 261,600.94 January 2037 II-19-A Variable(2) $ 252,333.91 January 2037 II-19-B Variable(2) $ 252,333.91 January 2037 II-20-A Variable(2) $ 243,394.74 January 2037 II-20-B Variable(2) $ 243,394.74 January 2037 II-21-A Variable(2) $ 234,771.82 January 2037 II-21-B Variable(2) $ 234,771.82 January 2037 II-22-B Variable(2) $ 226,453.98 January 2037 II-23-A Variable(2) $ 218,430.44 January 2037 II-23-B Variable(2) $ 218,430.44 January 2037 II-24-A Variable(2) $ 210,690.79 January 2037 II-24-B Variable(2) $ 210,690.79 January 2037 II-25-A Variable(2) $ 203,225.00 January 2037 II-25-B Variable(2) $ 203,225.00 January 2037 II-26-A Variable(2) $ 196,023.38 January 2037 II-26-B Variable(2) $ 196,023.38 January 2037 II-27-A Variable(2) $ 189,076.61 January 2037 II-27-B Variable(2) $ 189,076.61 January 2037 II-28-A Variable(2) $ 182,375.67 January 2037 II-28-B Variable(2) $ 182,375.67 January 2037 II-29-A Variable(2) $ 175,911.86 January 2037 II-29-B Variable(2) $ 175,911.86 January 2037 II-30-A Variable(2) $ 169,676.82 January 2037 II-30-B Variable(2) $ 169,676.82 January 2037 II-31-B Variable(2) $ 163,662.44 January 2037 II-32-A Variable(2) $ 157,860.93 January 2037 II-32-B Variable(2) $ 157,860.93 January 2037 II-33-A Variable(2) $ 152,264.76 January 2037 II-33-B Variable(2) $ 152,264.76 January 2037 II-34-A Variable(2) $ 146,866.67 January 2037 II-34-B Variable(2) $ 146,866.67 January 2037 II-35-A Variable(2) $ 141,659.66 January 2037 II-35-B Variable(2) $ 141,659.66 January 2037 II-36-A Variable(2) $ 136,636.97 January 2037 II-36-B Variable(2) $ 136,636.97 January 2037 II-37-B Variable(2) $ 131,792.09 January 2037 II-38-A Variable(2) $ 127,118.72 January 2037 II-38-B Variable(2) $ 127,118.72 January 2037 II-39-A Variable(2) $ 122,610.81 January 2037 II-39-B Variable(2) $ 122,610.81 January 2037 II-40-A Variable(2) $ 118,262.49 January 2037 II-40-B Variable(2) $ 118,262.49 January 2037 II-41-A Variable(2) $ 114,068.13 January 2037 II-41-B Variable(2) $ 114,068.13 January 2037 II-42-A Variable(2) $ 110,022.29 January 2037 II-42-B Variable(2) $ 110,022.29 January 2037 II-43-A Variable(2) $ 106,119.70 January 2037 II-43-B Variable(2) $ 106,119.70 January 2037 II-44-A Variable(2) $ 102,355.31 January 2037 II-44-B Variable(2) $ 102,355.31 January 2037 II-45-A Variable(2) $ 2,775,824.88 January 2037 II-45-B Variable(2) $ 2,775,824.88 January 2037 ______________________________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Sl6)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined herein). As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), REMIC I as three real estate mortgage investment conduits (each, a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. The following table sets forth the designation, type, Pass-Through Rate, aggregate Initial Certificate Principal Balance, Maturity Assumed Final Distribution Date, initial ratings and certain features for each Class of Certificates comprising the interests in the Trust Fund created hereunder. Designation PassAGGREGATE INITIAL ASSUMED FINAL FITCH/ PASS-Through Aggregate Features(1THROUGH CERTIFICATE DISTRIBUTION --------------------- MINIMUM DESIGNATION RATE PRINCIPAL BALANCE FEATURES(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2DATE MOODY'S/S&P DENOMINATIONS(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.256.00% $221,377,00▇.▇▇ Senior/PAC/Fixed Rate September May 25, 2037 AAA/Aaa/NA AAA $25,000.00 125,510,000.00 I-A-2 6.00% $64,063,000.00 Senior/Super May 25, 2020 2037 AAA/Aaa/AAA $25,000.00 Senior/PAC/Fixed Rate I-A-3 6.00% $16,251,000.00 Senior/Accrual/Companion/ May 25, 2037 AAA/Aaa/AAA $25,000.00 Fixed Rate I-A-4 6.00% $43,289,000.00 Senior/Super May 25, 2037 AAA/Aaa/AAA $25,000.00 Senior/Lockout/Fixed Rate Senior/TAC/Companion/ I-A-5 Adjustable $94,797,000.00 Floater/Accretion May 25, 2037 AAA/Aaa/AAA $25,000.00 Rate(3) Directed/Adjustable Rate I-A-6 Adjustable $0.00(4) Senior/Interest Only/Inverse May 25, 2037 AAA/Aaa/AAA $2,000,000.00 Rate(3) Floater/Adjustable Rate Senior/TAC/Floater/Accretion Adjustable Directed/Companion/ I-A-7 Rate(3) $50,000,000.00 ----------------------------- May 25, 2037 AAA/Aaa/AAA $25,000.00 Adjustable Rate Senior/ Interest I-A-8 Adjustable $0.00(4) Only/Inverse May 25, 2037 AAA/Aaa/AAA $2,000,000.00 Rate(3) Floater/Adjustable Rate I-A-9 6.00% $6,711,000.00 Senior/Senior May 25, 2037 AAA/Aa1/AAA $25,000.00 Support/Lockout/Fixed Rate II-A-1 6.006.75% $238,127,000.00 Senior/Super Senior/Fixed June 25, 2037 AAA/Aaa/AAA $25,000.00 Rate September II-A-2 6.75% $15,876,000.00 Senior/Senior Support/Fixed June 25, 2037 AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% $855,431.85 Senior/Principal September Only May 25, 2037 AAA/Aaa/NA AAA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September $0.00(6) Senior/Interest May 25, 2037 AAA/Aaa/NA AAA $2,000,000.00 Rate(3Rate(5) Only/Variable Rate 25, 2020 II-A-P 0.00% $1,738,327.50 Senior/Principal September Only June 25, 2037 AAA/NAAaa/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September $0.00(6) Senior/Interest June 25, 2037 AAA/NAAaa/AAA $2,000,000.00 Rate(4▇▇▇▇(▇) Only/Variable Rate 25, 2035 Class R-I 5.256.00% $100.00 Senior/Residual/FixedSeptember Fixed Rate May 25, 2037 AAA/Aaa/NA 75 Rate 25, 2020 Class AAA (7) R-II 6.006.75% $50.00 100.00 Senior/Residual/FixedSeptember Fixed Rate June 25, 2037 AAA/NAAaa/AAA 5 Rate 25, 2035 Class (7) R-III 6.006.75% $50.00 100.00 Senior/Residual/FixedSeptember Fixed Rate June 25, 2037 AAA/NAAaa/AAA 5 Rate (7) Class P(9) 0.00% $100.00 Senior/Prepayment Charge May 25, 2035 Class I-2037 AAA/Aaa/AAA $100.00 M-1 5.25% Variable $24,903,300.00 Mezzanine/Fixed September Variable Rate June 25, 2037 AA/NA/NA $25,000.00 Rate(8) M-2 Variable $2,881,400.00 8,434,600.00 Mezzanine/Variable Rate June 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September 2037 A/NA/NA $250,000.00 Rate(8) M-3 Variable $6,426,300.00 Mezzanine/Variable Rate June 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September 2037 BBB/NA/NA $250,000.00 Rate(8) B-1 Variable $4,016,500.00 Subordinate/Variable Rate June 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September 2037 BB/NA/NA 2 $250,000.00 Rate(8) B-2 Variable $3,213,100.00 Subordinate/Variable Rate June 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September 2037 B/NA/NA 2 $250,000.00 Rate(8) B-3 Variable $3,213,247.69 Subordinate/Variable Rate June 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September 2037 NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Rate(8) _________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RALI Series 2007-Qs7 Trust)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classeseleven Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition Mortgage Loans and certain other related assets (exclusive of Trust Fund, the Yield Maintenance Agreement and any payments thereunder) subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. , and such segregated pool of assets will be designated as "REMIC I." The terms and provisions Class R-I Certificates will represent the sole Class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, type, remittance rate (the "Uncertificated REMIC I Pass-Through Rate, aggregate Initial Certificate ") and initial Uncertificated Principal Balance, Maturity Date, initial ratings and certain features Balance for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). Designation PassThe "latest possible maturity date" (determined for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for the REMIC I Regular Interests shall be the 360th Distribution Date. The REMIC I Regular Interests will not be certificated. INITIAL UNCERTIFICATED UNCERTIFICATED REMIC I REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Aggregate Features(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE ------------ ---------------------- ---------------------- --------------- AA (1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2$282,854,344.90 September 2045 A-2 (1) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate $682,350.00 September AAA/Aaa/NA 2045 A-3 (1) $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate 138,590.00 September AAA/NA/AAA 2045 M-1 (1) $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super 210,690.00 September AAA/NA/AAA 2045 M-2 (1) $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior 171,730.00 September AAA/NA/AAA 2045 M-3 (1) $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate 89,470.00 September AAA/NA/AAA 2045 M-4 (1) $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Senior/Principal 41,850.00 September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352045
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Sp1 Trust)
PRELIMINARY STATEMENT. The Company intends to sell mortgage asset-backed 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 Mortgage Loans (as defined hereinLoans. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. 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. 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 this Series Supplement. 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. Designation PassAGGREGATE INITIAL CERTIFICATE PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date THROUGH PRINCIPAL MATURITY FITCH/ MINIMUM DESIGNATION RATE BALANCE FEATURES1 DATE ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-▇ DENOMINATIONS2 Class A-1 5.255.00% $150,378,000.00 Senior/Fixed Rate September 25, 2018 AAA/Aaa/NA Aaa $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-Class A-P 0.00% $3,267,971.00 Senior/Principal September 25, 2018 AAA/Aaa/NA Aaa $25,000.00 1,302,649.20 Only 25, 2020 I-Class A-V Variable $0.00 Senior//Interest Senior/Interest September 25, 2018 AAA/Aaa/NA $2,000,000.00 Rate(3) Aaa 4 Rate3 Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25R 5.00% $100.00 Senior/Residual/FixedSeptember Fixed September 25, 2018 AAA/Aaa/NA 75 Aaa 5 Rate Class M-1 5.00% $2,521,400.00 Mezzanine/ Fixed September 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September 2018 AA/NA/NA $25,000.00 Rate Class M-2 5.00% $2,881,400.00 Rate 315,200.00 Mezzanine/ Fixed September 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September 2018 A/NA/NA $250,000.00 Rate Class M-3 5.00% $472,800.00 Mezzanine/ Fixed September 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September 2018 BBB/NA/NA $250,000.00 Rate Class B-1 5.00% $236,400.00 Subordinate/ Fixed September 25, 2020 2018 BB/NA $236,400.00 Rate Class 6.00B-2 5.00% Mezzanine/$157,600.00 Subordinate/ Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 2018 B/NA $157,600.00 Rate Class 6.00B-3 5.00% Mezzanine/$236,780.51 Subordinate/ Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/2018 NA/NA $250,000.00 II236,780.51 Rate 1 The Certificates, other than the Class A-P, Class A-V, Class B and Class R Certificates shall be Book-Entry Certificates. The Class A-P, Class A-V, Class B and Class R 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-1, Class B-2 and Class B-3 Certificates that contain an uneven multiple of $1,697,095.41 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. 3 The initial Pass-Through Rate 25, 2035on the Class A-V Certificates is 0.2271%.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
PRELIMINARY STATEMENT. The Company intends to sell mortgage assetmortgage-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classestwenty-four Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes. The terms and provisions Class R Certificates will represent the sole Class of "residual interests" in the REMIC or purposes 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. 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 this Series SupplementREMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, type, Pass-Through Rate, aggregate Initial Certificate Principal Balance, Maturity Date, initial ratings and certain features and Month of Final Scheduled Distribution Date for each Class of Certificates comprising the interests representing "regular interests" in the Trust Fund created hereunderREMIC and of the Class R Certificates. Designation PassThe "latest possible maturity date" (determined solely for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each REMIC Regular Interest shall be the Maturity Date. CLASS DESIGNATION FOR THE REMIC AGGREGATE FINAL REGULAR INTEREST INITIAL CLASS SCHEDULED AND THE CLASS R TYPE OF PASS-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-THROUGH PRINCIPAL DISTRIBUTION CERTIFICATES INTEREST RATE BALANCE FEATURES DATE Class A-1 5.25Regular 5.75% $ 251,679,000 Senior/Fixed Rate September AAAAccretion Directed/Aaa/NA $25,000.00 125,510,000.00 25, 2020 II-A-1 6.00PAC April 2036 Class A-2 Regular 5.75% $ 8,569,000 Senior/Fixed Rate September AAAAccretion Directed/NA/AAA $25,000.00 115,613,000.00 25, 2035 III-A-1 6.00PAC April 2036 Class A-3 Regular 5.75% $ 9,871,000 Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Accrual April 2036 Class A-4 Regular 5.75% $ 133,426,000 Senior/Fixed Rate 25, 2035 III-A-2 6.00Accretion Directed/TAC April 2036 Class A-5 Regular 5.75% $ 14,099,000 Senior/Companion/ Accretion Directed April 2036 Class A-6 Regular 5.75% $ 97,885,000 Super Senior/Lockout April 2036 Class A-7 Regular 5.75% $ 6,526,000 Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 25, 2035 I-A-P 0.00% Lockout April 2036 Class PO Regular 0.00 $ 7,322,284.38 Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(3April 2036 Class IO Regular Variable(1) Only/Variable Rate 25, 2020 II-A-P 0.00% (1) Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Interest Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 April 2036 Class R-I 5.25M-1 Regular 5.75% $ 11,001,000 Subordinate April 2036 Class M-2 Regular 5.75% $ 3,300,000 Subordinate April 2036 Class M-3 Regular 5.75% $ 2,475,000 Subordinate April 2036 Class B-1 Regular 5.75% $ 1,375,000 Subordinate April 2036 Class B-2 Regular 5.75% $ 1,100,000 Subordinate April 2036 Class B-3 Regular 5.75% $1,374,662. 11 Subordinate April 2036 Component II $ of the Class R(2) Residual 5.75% 100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035Residual April 2036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (GMACM Mortgage Loan Trust 2006-J1)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in multiple classesclasses (each, a "Class"), which in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund") to be created hereunder. As provided herein, the Trustee will elect to treat the segregated pool of assets consisting of the Mortgage Loans (as defined herein. As provided herein, the REMIC Administrator will make an election to treat the entire segregated pool of ) and certain other related assets described in the definition of Trust Fund, and subject to this Agreement (including the Mortgage Loans), as three a real estate mortgage investment conduits conduit (each, a "REMIC") for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC I". The terms and provisions Class R-I Certificates will represent the sole class of "residual interests" in REMIC I for purposes of the Standard Terms are hereby incorporated by reference herein REMIC Provisions (as though set forth in full defined 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. 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 this Series Supplement) under federal income tax law. The following table irrevocably sets forth the designation, typeremittance rate (the "REMIC I Remittance Rate"), Pass-Through Rate, aggregate Initial Certificate initial stated principal amount (the initial "Uncertificated Principal Balance, Maturity Date, initial ratings ") and certain features latest possible maturity date for each Class of Certificates comprising the interests "regular interests" in REMIC I (the Trust Fund created hereunder"REMIC I Regular Interests"). None of the REMIC I Regular Interests will be certificated. REMIC I Initial Uncertificated Latest Possible Designation Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Remittance Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Principal Balance Maturity Date (2) ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA ----------------- ---------------------- -------------------- T Variable(1) $25,000.00 125,510,000.00 25135,156,000 December 26, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA 2025(3) U Variable(1) $25,000.00 115,613,000.00 2532,180,000 December 26, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA 2025(3) V Variable(1) $25,000.00 220,000,000.00 Senior/Fixed Rate 25276,748,000 December 26, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA 2025(3) W Variable(1) $25,000.00 10,000,000.00 Support/Fixed Rate 2538,616,000 December 26, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA 2025(3) X Variable(1) $25,000.00 104,601,000.00 2532,180,000 December 26, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA 2025(3) Y Variable(1) $25,000.00 1,302,649.20 Only 2538,616,000 December 26, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA 2025(3) Z Variable(1) $2,000,000.00 Rate(390,104,375 December 26, 2025(3) Only/Variable Rate 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 2035----------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)
PRELIMINARY STATEMENT. The Company Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "“Certificates"”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans Trust Fund created hereunder. The Certificates will consist of seven classes of certificates, designated as (as defined hereini) the Class A-1 Certificates, (ii) the Class A-2 Certificates, (iii) the Class A-3 Certificates, (iv) the Class M Certificates, (v) the Class B Certificates, (vi) the Class C Certificates and (vii) the Class R Certificates. As provided herein, the REMIC Administrator will Trustee shall make an election to treat the entire segregated pool of assets described in consisting of the definition of Trust Fund, Mortgage Loans and certain other related assets subject to this Agreement (including exclusive of the Mortgage Loans), Excess Reserve Fund Account) as three a real estate mortgage investment conduits conduit (each, a "“REMIC"”) for federal income tax purposes. , and such segregated pool of assets will be designated as “REMIC 1.” The terms and provisions Class R-1 Interest represents the sole class of “residual interests” in REMIC 1 for purposes 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. 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 this Series SupplementREMIC Provisions. The following table irrevocably sets forth the designation, type, the Uncertificated REMIC 1 Pass-Through Rate, aggregate Initial Certificate the initial Uncertificated Principal Balance, Maturity Dateand for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), initial ratings and certain features the “latest possible maturity date” for each Class of Certificates comprising the interests in REMIC 1 Regular Interests. None of the Trust Fund created hereunderREMIC 1 Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Aggregate Features(1) Maturity Fitch/ Minimum Rate Initial Date ▇▇▇▇▇'▇/S&P Denomina- Certificate tions(2) Uncertificated Principal Balance ----------- ------ ------------ ------------------ -------- ---------- -------------- I-A-1 5.25% Senior/Fixed Rate September AAA/Aaa/NA $25,000.00 125,510,000.00 Latest Possible Maturity Date(1) LT1AA Variable(2 ) $ 220,993,633.67 January 25, 2020 II-A-1 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 115,613,000.00 2012 LT1A1 Variable(2 ) $ 1,267,950.00 January 25, 2035 III-A-1 6.00% Senior/Super September AAA/NA/AAA $25,000.00 220,000,000.00 Senior/Fixed Rate 2012 LT1A2 Variable(2 ) $ 675,590.00 January 25, 2035 III-A-2 6.00% Senior/Senior September AAA/NA/AAA $25,000.00 10,000,000.00 Support/Fixed Rate 2012 LT1A3 Variable(2 ) $ 281,050.00 January 25, 2035 III-A-3 6.00% Senior/Fixed Rate September AAA/NA/AAA $25,000.00 104,601,000.00 2012 LT1M Variable(2 ) $ 10,150.00 January 25, 2035 I-A-P 0.00% Senior/Principal September AAA/Aaa/NA $25,000.00 1,302,649.20 Only 2012 LT1B Variable(2 ) $ 20,290.00 January 25, 2020 I-A-V Variable 0.00 Senior//Interest September AAA/Aaa/NA $2,000,000.00 Rate(32012 LT1ZZ Variable(2 ) Only/Variable Rate $ 2,255,044.16 January 25, 2020 II-A-P 0.00% Senior/Principal September AAA/NA/AAA $25,000.00 7,998,673.73 Only 25, 2035 II-A-V Variable 0.00 Senior//Interest September AAA/NA/AAA $2,000,000.00 Rate(4) Only/Variable Rate 25, 2035 Class R-I 5.25% $100.00 Senior/Residual/FixedSeptember AAA/Aaa/NA 75 Rate 25, 2020 Class R-II 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class R-III 6.00% $50.00 Senior/Residual/FixedSeptember AAA/NA/AAA 5 Rate 25, 2035 Class I-M-1 5.25% Mezzanine/Fixed September AA/NA/NA $25,000.00 $2,881,400.00 Rate 25, 2020 Class I-M-2 5.25% $327,400.00 Mezzanine/Fixed September A/NA/NA $250,000.00 Rate 25, 2020 Class I-M-3 5.25% $392,900.00 Mezzanine/Fixed September BBB/NA/NA $250,000.00 Rate 25, 2020 Class 6.00% Mezzanine/Fixed September NA/NA/AA $25,000.00 II-M-1 $11,637,900.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/A $250,000.00 II-M-2 $5,333,700.00 Rate 25, 2035 Class 6.00% Mezzanine/Fixed September NA/NA/BBB $250,000.00 II-M-3 $2,909,300.00 Rate 25, 2035 Class I-B-1 5.25% $196,400.00 Subordinate/Fixed September BB/NA/NA 2 Rate 25, 2020 Class I-B-2 5.25% $130,900.00 Subordinate/Fixed September B/NA/NA 2 Rate 25, 2020 Class I-B-3 5.25% $196,455.55 Subordinate/Fixed September NA/NA/NA 2 Rate 25, 2020 Class 6.00% Subordinate/Fixed September NA/NA/BB $250,000.00 II-B-1 $2,909,300.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/B $250,000.00 II-B-2 $2,182,000.00 Rate 25, 2035 Class 6.00% Subordinate/Fixed September NA/NA/NA $250,000.00 II-B-3 $1,697,095.41 Rate 25, 20352012 ___________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (IndyMac Residential Mortgage-Backed Trust, Series 2006-L2)