PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. As provided herein, the Trustee shall make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The Class R-1 Interest represents the sole class of “residual interests” in REMIC 1 for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through Rate, the initial Uncertificated Principal Balance, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 Regular Interests. None of the REMIC 1 Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (IndyMac Residential Mortgage-Backed Trust, Series 2006-L3), Pooling and Servicing Agreement (IndyMac Residential Mortgage-Backed Trust, Series 2006-L3)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, is the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in owner of the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) that is hereby conveyed to the Class A-1 Certificates, (ii) Trustee in return for 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I ------- As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated Initial Uncertificated REMIC 1 Pass-I Pass- Assumed Final Designation Principal Balance Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA ----------- ----------------- ------------ ---------------- LTI-1 $284,312,340.00 Variable(2) $ 165,478,105.44 April June 25, 2012 LT1A1 2033 LTI-IO-A $ 10,050,000.00 Variable(2) $ 968,290.00 April June 25, 2012 LT1A2 2033 LTI-IO-B $ 30,150,000.00 Variable(2) $ 490,450.00 April June 25, 2012 LT1A3 2033 LTI-IO-C $ 100.00 Variable(2) $ 207,860.00 April ▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇ Variable(2) June 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2033
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Bear Stearns Asset Backed Sec Inc Asset Bk Cert Ser 03 Ac2), Pooling and Servicing Agreement (Bear Stearns Asset Backed Sec Inc Asset Bk Cert Ser 03 Ac2)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Swap Account and the Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The I." Component I of the Class R-1 Interest represents R Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass Through Rate, the ") and initial Uncertificated Principal Balance, and 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)(iii1.860G 1(a)(4)(iii), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2THROUGH RATE PRINCIPAL BALANCE MATURITY DATE I-1-A Variable(1) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(22,988,391.23 July 2036 I-2-A Variable(1) $ 968,290.00 April 25, 2012 LT1A2 Variable(23,948,712.65 July 2036 I-3-A Variable(1) $ 490,450.00 April 25, 2012 LT1A3 Variable(24,909,679.78 July 2036 I-4-A Variable(1) $ 207,860.00 April 25, 2012 LT1M Variable(25,863,829.49 July 2036 I-5-A Variable(1) $ 7,590.00 April 25, 2012 LT1B Variable(26,803,977.36 July 2036 I-6-A Variable(1) $ 14,362.09 April 25, 2012 LT1ZZ Variable(27,721,057.41 July 2036 I-7-A Variable(1) $ 1,688,552.10 April 25, 2012 LT1P Variable(28,585,403.70 July 2036 I-8-A Variable(1) $ 100.00 April 25, 2012 9,378,934.35 July 2036 I-9-A Variable(1) $ 9,870,775.35 July 2036 I-10-A Variable(1) $ 10,272,442.34 July 2036 I-11-A Variable(1) $ 9,900,355.42 July 2036 I-12-A Variable(1) $ 9,542,018.99 July 2036 I-13-A Variable(1) $ 9,200,258.34 July 2036 I-14-A Variable(1) $ 8,867,317.87 July 2036 I-15-A Variable(1) $ 8,546,630.40 July 2036 I-16-A Variable(1) $ 8,239,617.57 July 2036 I-17-A Variable(1) $ 7,973,711.75 July 2036 I-18-A Variable(1) $ 7,681,233.87 July 2036 I-19-A Variable(1) $ 7,426,794.22 July 2036 I-20-A Variable(1) $ 7,503,675.55 July 2036 I-21-A Variable(1) $ 11,943,367.68 July 2036 I-22-A Variable(1) $ 11,076,996.02 July 2036 I-23-A Variable(1) $ 10,274,489.13 July 2036 I-24-A Variable(1) $ 9,541,175.76 July 2036 I-25-A Variable(1) $ 8,693,721.57 July 2036 I-26-A Variable(1) $ 5,616,582.40 July 2036 I-27-A Variable(1) $ 5,382,125.47 July 2036 I-28-A Variable(1) $ 5,157,761.88 July 2036 I-29-A Variable(1) $ 4,943,204.90 July 2036 I-30-A Variable(1) $ 4,737,927.50 July 2036 I-31-A Variable(1) $ 4,541,525.90 July 2036 I-32-A Variable(1) $ 4,353,600.36 July 2036 I-33-A Variable(1) $ 4,173,774.15 July 2036 I-34-A Variable(1) $ 4,001,641.79 July 2036 I-35-A Variable(1) $ 3,835,780.99 July 2036 I-36-A Variable(1) $ 3,678,268.64 July 2036 I-37-A Variable(1) $ 3,527,504.73 July 2036 I-38-A Variable(1) $ 3,383,190.53 July 2036 I-39-A Variable(1) $ 3,245,041.16 July 2036 I-40-A Variable(1) $ 3,112,779.20 July 2036 I-41-A Variable(1) $ 2,986,156.11 July 2036 I-42-A Variable(1) $ 2,864,917.98 July 2036 I-43-A Variable(1) $ 2,748,827.95 July 2036 I-44-A Variable(1) $ 2,637,659.84 July 2036 I-45-A Variable(1) $ 2,531,197.62 July 2036 I-46-A Variable(1) $ 2,429,234.99 July 2036 I-47-A Variable(1) $ 2,331,574.92 July 2036 I-48-A Variable(1) $ 2,238,029.22 July 2036 I-49-A Variable(1) $ 2,148,418.15 July 2036 I-50-A Variable(1) $ 2,062,570.01 July 2036 I-51-A Variable(1) $ 1,980,320.81 July 2036 I-52-A Variable(1) $ 1,901,513.89 July 2036 I-53-A Variable(1) $ 1,825,999.59 July 2036 I-54-A Variable(1) $ 1,753,634.95 July 2036 I-55-A Variable(1) $ 1,684,279.49 July 2036 I-56-A Variable(1) $ 1,617,810.84 July 2036 I-57-A Variable(1) $ 1,554,069.13 July 2036 I-58-A Variable(1) $ 1,493,212.81 July 2036 I-59-A Variable(1) $ 1,436,350.93 July 2036 I-60-A Variable(1) $ 1,380,074.60 July 2036 I-61-A Variable(1) $ 35,912,598.98 July 2036 I-1-B Variable(1) $ 2,988,391.23 July 2036 I-2-B Variable(1) $ 3,948,712.65 July 2036 I-3-B Variable(1) $ 4,909,679.78 July 2036 I-4-B Variable(1) $ 5,863,829.49 July 2036 I-5-B Variable(1) $ 6,803,977.36 July 2036 I-6-B Variable(1) $ 7,721,057.41 July 2036 I-7-B Variable(1) $ 8,585,403.70 July 2036 I-8-B Variable(1) $ 9,378,934.35 July 2036 I-9-B Variable(1) $ 9,870,775.35 July 2036 I-10-B Variable(1) $ 10,272,442.34 July 2036 I-11-B Variable(1) $ 9,900,355.42 July 2036 I-12-B Variable(1) $ 9,542,018.99 July 2036 I-13-B Variable(1) $ 9,200,258.34 July 2036 I-14-B Variable(1) $ 8,867,317.87 July 2036 I-15-B Variable(1) $ 8,546,630.40 July 2036 I-16-B Variable(1) $ 8,239,617.57 July 2036 I-17-B Variable(1) $ 7,973,711.75 July 2036 I-18-B Variable(1) $ 7,681,233.87 July 2036 I-19-B Variable(1) $ 7,426,794.22 July 2036 I-20-B Variable(1) $ 7,503,675.55 July 2036 I-21-B Variable(1) $ 11,943,367.68 July 2036 I-22-B Variable(1) $ 11,076,996.02 July 2036 I-23-B Variable(1) $ 10,274,489.13 July 2036 I-24-B Variable(1) $ 9,541,175.76 July 2036 I-25-B Variable(1) $ 8,693,721.57 July 2036 I-26-B Variable(1) $ 5,616,582.40 July 2036 I-27-B Variable(1) $ 5,382,125.47 July 2036 I-28-B Variable(1) $ 5,157,761.88 July 2036 I-29-B Variable(1) $ 4,943,204.90 July 2036 I-30-B Variable(1) $ 4,737,927.50 July 2036 I-31-B Variable(1) $ 4,541,525.90 July 2036 I-32-B Variable(1) $ 4,353,600.36 July 2036 I-33-B Variable(1) $ 4,173,774.15 July 2036 I-34-B Variable(1) $ 4,001,641.79 July 2036 I-35-B Variable(1) $ 3,835,780.99 July 2036 I-36-B Variable(1) $ 3,678,268.64 July 2036 I-37-B Variable(1) $ 3,527,504.73 July 2036 I-38-B Variable(1) $ 3,383,190.53 July 2036 I-39-B Variable(1) $ 3,245,041.16 July 2036 I-40-B Variable(1) $ 3,112,779.20 July 2036 I-41-B Variable(1) $ 2,986,156.11 July 2036 I-42-B Variable(1) $ 2,864,917.98 July 2036 I-43-B Variable(1) $ 2,748,827.95 July 2036 I-44-B Variable(1) $ 2,637,659.84 July 2036 I-45-B Variable(1) $ 2,531,197.62 July 2036 I-46-B Variable(1) $ 2,429,234.99 July 2036 I-47-B Variable(1) $ 2,331,574.92 July 2036 I-48-B Variable(1) $ 2,238,029.22 July 2036 I-49-B Variable(1) $ 2,148,418.15 July 2036 I-50-B Variable(1) $ 2,062,570.01 July 2036 I-51-B Variable(1) $ 1,980,320.81 July 2036 I-52-B Variable(1) $ 1,901,513.89 July 2036 I-53-B Variable(1) $ 1,825,999.59 July 2036 I-54-B Variable(1) $ 1,753,634.95 July 2036 I-55-B Variable(1) $ 1,684,279.49 July 2036 I-56-B Variable(1) $ 1,617,810.84 July 2036 I-57-B Variable(1) $ 1,554,069.13 July 2036 I-58-B Variable(1) $ 1,493,212.81 July 2036 I-59-B Variable(1) $ 1,436,350.93 July 2036 I-60-B Variable(1) $ 1,380,074.60 July 2036 I-61-B Variable(1) $ 35,912,598.98 July 2036 A-I Variable(1) $ 4,072,640.19 July 2036 ____________________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-Through Rate.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (RASC Series 2006-Ks5 Trust), Pooling and Servicing Agreement (RASC Series 2006-Ks5 Trust)
PRELIMINARY STATEMENT. The Depositor intends is the owner of the Trust Fund that is hereby conveyed to sell 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 consideration therefor Certificates in the aggregate will evidence evidencing the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R CertificatesFund. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive other than the 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 Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinSwap Administration Agreement) as a real estate mortgage investment conduit REMIC (a “REMIC”as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” I”. The Class R-1 Interest represents Certificates will represent the sole class of “residual interests” Residual Interests (as defined herein) in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1Date (1) LT1AA I-11-B Variable(2) $ 165,478,105.44 April 25, 2012 LT1A1 2,951,620.42 March 2037 I-14-B Variable(2) $ 968,290.00 April 25, 2012 LT1A2 2,745,707.87 March 2037 I-18-B Variable(2) $ 490,450.00 April 25, 2012 LT1A3 2,493,279.36 March 2037 I-25-B Variable(2) $ 207,860.00 April 25, 2012 LT1M 2,105,961.84 March 2037 I-27-B Variable(2) $ 7,590.00 April 25, 2012 LT1B 2,006,761.68 March 2037 I-28-B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ 1,958,923.23 March 2037 I-29-B Variable(2) $ 1,688,552.10 April 25, 2012 LT1P 1,912,222.10 March 2037 I-33-B Variable(2) $ 100.00 April 25, 2012 1,736,260.34 March 2037 I-38-B Variable(2) $ 1,538,841.23 March 2037 I-39-B Variable(2) $ 1,502,129.26 March 2037 I-41-B Variable(2) $ 1,431,304.11 March 2037 I-42-B Variable(2) $ 1,397,149.97 March 2037 I-43-B Variable(2) $ 1,363,808.26 March 2037 I-44-A Variable(2) $ 1,331,259.71 March 2037 I-44-B Variable(2) $ 1,331,259.71 March 2037 I-45-A Variable(2) $ 54,126,495.37 March 2037 I-45-B Variable(2) $ 54,126,495.37 March 2037 II-1-A Variable(2) $ 397,346.42 March 2037 II-1-B Variable(2) $ 397,346.42 March 2037 II-2-A Variable(2) $ 387,888.36 March 2037 II-2-B Variable(2) $ 387,888.36 March 2037 II-3-B Variable(2) $ 378,654.98 March 2037 II-4-A Variable(2) $ 369,640.92 March 2037 II-4-B Variable(2) $ 369,640.92 March 2037 II-5-B Variable(2) $ 360,841.00 March 2037 II-6-B Variable(2) $ 352,250.14 March 2037 II-7-A Variable(2) $ 343,863.36 March 2037 II-7-B Variable(2) $ 343,863.36 March 2037 II-8-B Variable(2) $ 335,675.83 March 2037 II-9-A Variable(2) $ 327,682.82 March 2037 II-9-B Variable(2) $ 327,682.82 March 2037 II-10-B Variable(2) $ 319,879.72 March 2037 II-11-A Variable(2) $ 312,262.02 March 2037 II-11-B Variable(2) $ 312,262.02 March 2037 II-12-A Variable(2) $ 304,825.31 March 2037 II-12-B Variable(2) $ 304,825.31 March 2037 II-13-A Variable(2) $ 297,565.31 March 2037 II-13-B Variable(2) $ 297,565.31 March 2037 II-14-A Variable(2) $ 290,477.83 March 2037 II-14-B Variable(2) $ 290,477.83 March 2037 II-15-A Variable(2) $ 283,558.75 March 2037 II-15-B Variable(2) $ 283,558.75 March 2037 II-16-B Variable(2) $ 276,804.10 March 2037 II-17-B Variable(2) $ 270,209.97 March 2037 II-18-A Variable(2) $ 263,772.55 March 2037 II-18-B Variable(2) $ 263,772.55 March 2037 II-19-A Variable(2) $ 257,488.12 March 2037 II-19-B Variable(2) $ 257,488.12 March 2037 II-20-A Variable(2) $ 251,353.04 March 2037 II-20-B Variable(2) $ 251,353.04 March 2037 II-21-A Variable(2) $ 245,363.79 March 2037 II-21-B Variable(2) $ 245,363.79 March 2037 II-22-A Variable(2) $ 239,516.88 March 2037 II-22-B Variable(2) $ 239,516.88 March 2037 II-23-A Variable(2) $ 233,808.95 March 2037 II-23-B Variable(2) $ 233,808.95 March 2037 II-24-A Variable(2) $ 228,236.70 March 2037 II-24-B Variable(2) $ 228,236.70 March 2037 II-25-A Variable(2) $ 222,796.90 March 2037 II-25-B Variable(2) $ 222,796.90 March 2037 II-26-A Variable(2) $ 217,486.42 March 2037 II-26-B Variable(2) $ 217,486.42 March 2037 II-27-A Variable(2) $ 212,302.18 March 2037 II-27-B Variable(2) $ 212,302.18 March 2037 II-28-A Variable(2) $ 207,241.19 March 2037 II-28-B Variable(2) $ 207,241.19 March 2037 II-29-A Variable(2) $ 202,300.51 March 2037 II-29-B Variable(2) $ 202,300.51 March 2037 II-30-A Variable(2) $ 197,477.31 March 2037 II-30-B Variable(2) $ 197,477.31 March 2037 II-32-B Variable(2) $ 188,172.20 March 2037 II-33-A Variable(2) $ 183,684.92 March 2037 II-33-B Variable(2) $ 183,684.92 March 2037 II-34-A Variable(2) $ 179,304.34 March 2037 II-34-B Variable(2) $ 179,304.34 March 2037 II-35-A Variable(2) $ 175,027.93 March 2037 II-35-B Variable(2) $ 175,027.93 March 2037 II-36-A Variable(2) $ 170,853.22 March 2037 II-36-B Variable(2) $ 170,853.22 March 2037 II-37-A Variable(2) $ 166,777.78 March 2037 II-37-B Variable(2) $ 166,777.78 March 2037 II-38-A Variable(2) $ 162,799.28 March 2037 II-38-B Variable(2) $ 162,799.28 March 2037 II-39-A Variable(2) $ 158,915.39 March 2037 II-39-B Variable(2) $ 158,915.39 March 2037 II-40-A Variable(2) $ 155,123.88 March 2037 II-40-B Variable(2) $ 155,123.88 March 2037 II-41-A Variable(2) $ 151,422.56 March 2037 II-41-B Variable(2) $ 151,422.56 March 2037 II-42-A Variable(2) $ 147,809.27 March 2037 II-42-B Variable(2) $ 147,809.27 March 2037 II-43-A Variable(2) $ 144,281.94 March 2037 II-43-B Variable(2) $ 144,281.94 March 2037 II-44-A Variable(2) $ 140,838.52 March 2037 II-44-B Variable(2) $ 140,838.52 March 2037 II-45-A Variable(2) $ 5,726,227.05 March 2037 II-45-B Variable(2) $ 5,726,227.05 March 2037 ______________________________________
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Sl1), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Sl1)
PRELIMINARY STATEMENT. The Depositor Company intends to sell 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 Trust Fund created hereunder. The Certificates will consist of eight ten classes of certificates, designated as (i) the Class A-1 AV-1 and Class AV-2 Certificates, (ii) the Class A-2 M-1, Class M-2, Class M-3, Class M-4 and Class M-5 Certificates, (iii) the Class A-3 C Certificates, (iv) the Class M Certificates, (v) the Class B Certificates, (vi) the Class C Certificates, (vii) the Class P Certificates and (viiiv) the Class R Certificates. REMIC 1 As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement Trust Fund (exclusive of the Excess Basis Risk Shortfall Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinCorridor Contract) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” ". The Class R-1 Interest represents will represent the sole class of “"residual interests” " in REMIC 1 for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Pass- Through Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 Regular Interests. None of the REMIC 1 Regular Interests will be certificated. Designation Initial Uncertificated REMIC 1 Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2----------- ----------------- ----------------- ---------------- LT-AA (2) $ 165,478,105.44 April 380,605,978.60 June 25, 2012 LT1A1 Variable(22034 LT-AV1 (2) $ 968,290.00 April 3,231,450.00 June 25, 2012 LT1A2 Variable(22034 LT-AV2 (2) $ 490,450.00 April 359,060.00 June 25, 2012 LT1A3 Variable(22034 LT-M1 (2) $ 207,860.00 April 116,510.00 June 25, 2012 LT1M Variable(22034 LT-M2 (2) $ 7,590.00 April 81,560.00 June 25, 2012 LT1B Variable(22034 LT-M3 (2) $ 14,362.09 April 34,950.00 June 25, 2012 LT1ZZ Variable(22034 LT-M4 (2) $ 1,688,552.10 April 19,420.00 June 25, 2012 LT1P Variable(22034 LT-M5 (2) $ 23,300.00 June 25, 2034 LT-ZZ (2) $ 3,901,218.95 June 25, 2▇▇▇ ▇▇-▇ (2) $ 100.00 April June 25, 2012 ___________________2034
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Homestar Mortgage Accep Corp Asst Back Certs Ser 2004-2.), Pooling and Servicing Agreement (Homestar Mortgage Accep Corp Asst Back Certs Ser 2004-2.)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund each REMIC (as defined herein) created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprised of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than any Servicer Prepayment Charge Payment Amounts, the Net WAC Rate Carryover Reserve Account and the Cap Contracts) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.I.” The Class R-1 R-I Interest represents will be the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through I Remittance Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2I-LTAA Variable (2) $ 165,478,105.44 April 705,589,628.75 May 25, 2012 LT1A1 Variable(22035 I-LTA1 Variable (2) $ 968,290.00 April 2,599,110.00 September 25, 2012 LT1A2 Variable(22025 I-LTA2 Variable (2) $ 490,450.00 April 2,504,520.00 January 25, 2012 LT1A3 Variable(22034 I-LTA3 Variable (2) $ 207,860.00 April 432,970.00 May 25, 2012 LT1M Variable(22035 I-LTM1 Variable (2) $ 7,590.00 April 281,410.00 May 25, 2012 LT1B Variable(22035 I-LTM2 Variable (2) $ 14,362.09 April 255,830.00 May 25, 2012 LT1ZZ Variable(22035 I-LTM3 Variable (2) $ 1,688,552.10 April 153,500.00 May 25, 2012 LT1P Variable(22035 I-LTM4 Variable (2) $ 266,790.00 May 25, 2035 I-LTM5 Variable (2) $ 120,600.00 May 25, 2035 I-LTM6 Variable (2) $ 109,640.00 May 25, 2035 I-LTM7 Variable (2) $ 98,680.00 May 25, 2035 I-LTM8 Variable (2) $ 87,710.00 May 25, 2035 I-LTM9 Variable (2) $ 76,740.00 May 25, 2035 I-LTZZ Variable (2) $ 7,412,288.34 May 25, ▇▇▇▇ ▇-▇▇▇ Variable (2) $ 100.00 April May 25, 2012 2035 ___________________
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust 2005-Nc2), Pooling and Servicing Agreement (Carrington Mortgage Loan Trust 2005-Nc2)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, is the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in owner of the Trust Fund created hereunderthat is hereby conveyed to the Trustee in return for the Certificates. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. As provided herein, the Trustee shall make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Trust Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) for federal income tax purposes, and such segregated pool purposes will consist of assets will be designated as three REMICs (“Subsidiary REMIC 1.”, “Subsidiary REMIC 2” The Class R-1 Interest represents and the sole class of “residual interests” in REMIC 1 for purposes of the REMIC ProvisionsMaster REMIC”). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through Rate, the initial Uncertificated Principal Balance, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each federal income tax purposes of all interests created hereby will be the Latest Possible Maturity Date. Subsidiary REMIC 1 will consist of all of the assets constituting the Trust Fund corresponding to Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4 and Loan Group 5 and will be evidenced by the following uncertificated 20 interests that shall be designated as REMIC regular interests: the LT1-1 Interest, the LT2-1 Interest, the LT3-1 Interest, the LT1-2 Interest, the LT2-2 Interest, the LT3-2 Interest, the LT1-3 Interest, the LT2-3 Interest, the LT3-3 Interest, the LT1-4 Interest, the LT2-4 Interest, the LT3-4 Interest, the LT1-5 Interest, the LT2-5 Interest, the LT3-5 Interest, the LT-PP-A-X Interest, the LT-15-A-X Interest, the LT-30-A-X Interest, the LT-15-PO Interest, the LT-30-PO Interest, the LT-4-A-10-Rounding Interest, the LT-4-A-11-Rounding Interest, the LT-4-12-Rounding Interest, the LT-4-A-23-Rounding Interest, and the LT-4-A-24 Rounding Interest (the “Subsidiary REMIC 1 Regular Interests”). None In addition, Subsidiary REMIC 1 shall issue the R-1 interest and shall designate such interest as its sole class of residual interest. Subsidiary REMIC 2 shall hold as its assets the uncertificated REMIC regular interests issued by Subsidiary REMIC 1. Subsidiary REMIC 2 shall issue the R-2 interest and shall designate such interest as its sole class of residual interest. In addition, Subsidiary REMIC 2 shall issue the uncertificated REMIC regular interests set forth below for Subsidiary REMIC 2. The Master REMIC will consist of the Subsidiary REMIC 1 2 Regular Interests and will be certificatedevidenced by the Classes of regular interests set forth below for the Master REMIC (which each will represent the “regular interests” in the Master REMIC) and the R-3 Interest as the single “residual interest” in the Master REMIC. Designation Uncertificated REMIC 1 PassThe Class A-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2) $ 165,478,105.44 April 25R shall not be considered a Certificate issued by the Master REMIC, 2012 LT1A1 Variable(2) $ 968,290.00 April 25but instead shall represent beneficial ownership of the Class R-1, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________Class R-2 and Class R-3 interests.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Incmastr Asset Sec Tr 2003 7), Pooling and Servicing Agreement (Mortgage Asset Sec Trans Incmastr Asset Sec Tr 2003 7)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund each REMIC (as defined herein) created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprised of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than the Servicer Prepayment Charge Payment Amount, the Net WAC Rate Carryover Reserve Account and the Cap Contract) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.I.” The Class R-1 R-I Interest represents will be the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through I Remittance Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA I-LTAA Variable(2) $ 165,478,105.44 April 969,436,845.77 July 25, 2012 LT1A1 2035 ▇-▇▇▇▇▇ Variable(2) $ 968,290.00 April 947,400.00 July 25, 2012 LT1A2 2035 I-LTA2 Variable(2) $ 490,450.00 April 2,480,690.00 July 25, 2012 LT1A3 2035 I-LTA3 Variable(2) $ 207,860.00 April 438,450.00 July 25, 2012 LT1M 2035 I-LTA4 Variable(2) $ 7,590.00 April 1,132,400.00 July 25, 2012 LT1B 2035 I-LTA5 Variable(2) $ 14,362.09 April 200,000.00 July 25, 2012 LT1ZZ 2035 I-LTA5W Variable(2) $ 1,688,552.10 April 719,250.00 July 25, 2012 LT1P 2035 I-LTA6 Variable(2) $ 883,860.00 July 25, 2035 I-LTM1 Variable(2) $ 242,360.00 July 25, 2035 I-LTM2 Variable(2) $ 237,410.00 July 25, 2035 I-LTM3 Variable(2) $ 67,000.00 July 25, 2035 I-LTM4 Variable(2) $ 74,190.00 July 25, 2035 I-LTM5 Variable(2) $ 59,350.00 July 25, 2035 I-LTM6 Variable(2) $ 48,750.00 July 25, 2035 I-LTM7 Variable(2) $ 49,460.00 July 25, 2035 I-LTM8 Variable(2) $ 37,590.00 July 25, 2035 I-LTM9 Variable(2) $ 49,460.00 July 25, 2035 I-LTB1 Variable(2) $ 54,400.00 July 25, 2035 I-LTB2 Variable(2) $ 54,410.00 July 25, 2035 I-LTZZ Variable(2) $ 9,971,355.42 July 25, 2▇▇▇ ▇-▇▇▇ Variable(2) $ 100.00 April July 25, 2012 2035 ___________________
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2005-A), Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2005-A)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of any Premium, the Supplemental Interest Trust Account, the Swap Agreement, the SB-AM Swap Agreement, the Yield Maintenance Agreement and the Corridor Agreements) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The I." Component I of the Class R-1 Interest represents R Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass Through Rate, the ") and initial Uncertificated Principal Balance, and 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)(iii1.860G 1(a)(4)(iii), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE I-1-A Variable(1) LT1AA Variable(2$5,063,438.015 January 2037 I-2-A Variable(1) $5,461,321.125 January 2037 I-3-A Variable(1) $6,341,167.380 January 2037 I-4-A Variable(1) $6,733,438.720 January 2037 I-5-A Variable(1) $6,352,366.055 January 2037 I-6-A Variable(1) $5,779,893.775 January 2037 I-7-A Variable(1) $5,314,448.385 January 2037 I-8-A Variable(1) $4,901,330.220 January 2037 I-9-A Variable(1) $4,570,975.205 January 2037 I-10-A Variable(1) $4,309,653.115 January 2037 I-11-A Variable(1) $4,031,713.360 January 2037 I-12-A Variable(1) $3,798,356.775 January 2037 I-13-A Variable(1) $3,606,300.030 January 2037 I-14-A Variable(1) $4,171,766.385 January 2037 I-15-A Variable(1) $7,364,937.570 January 2037 I-16-A Variable(1) $10,471,354.695 January 2037 I-17-A Variable(1) $8,477,731.365 January 2037 I-18-A Variable(1) $6,353,782.155 January 2037 I-19-A Variable(1) $4,985,206.680 January 2037 I-20-A Variable(1) $4,128,735.135 January 2037 I-21-A Variable(1) $3,480,908.990 January 2037 I-22-A Variable(1) $3,276,277.800 January 2037 I-23-A Variable(1) $3,077,772.845 January 2037 I-24-A Variable(1) $2,803,983.020 January 2037 I-25-A Variable(1) $2,618,241.775 January 2037 I-26-A Variable(1) $2,578,953.290 January 2037 I-27-A Variable(1) $3,218,670.410 January 2037 I-28-A Variable(1) $3,938,171.235 January 2037 I-29-A Variable(1) $3,328,832.480 January 2037 I-30-A Variable(1) $2,204,187.185 January 2037 I-31-A Variable(1) $1,473,668.420 January 2037 I-32-A Variable(1) $1,857,219.985 January 2037 I-33-A Variable(1) $1,742,556.970 January 2037 I-34-A Variable(1) $1,595,026.450 January 2037 I-35-A Variable(1) $1,466,163.880 January 2037 I-36-A Variable(1) $1,365,779.185 January 2037 I-37-A Variable(1) $1,291,217.525 January 2037 I-38-A Variable(1) $1,243,200.275 January 2037 I-39-A Variable(1) $1,193,371.310 January 2037 I-40-A Variable(1) $1,134,629.925 January 2037 I-41-A Variable(1) $1,068,780.425 January 2037 I-42-A Variable(1) $994,842.585 January 2037 I-43-A Variable(1) $942,993.380 January 2037 I-44-A Variable(1) $880,341.210 January 2037 I-45-A Variable(1) $828,529.525 January 2037 I-46-A Variable(1) $20,367,333.245 January 2037 I-1-B Variable(1) $5,063,438.015 January 2037 I-2-B Variable(1) $5,461,321.125 January 2037 I-3-B Variable(1) $6,341,167.380 January 2037 I-4-B Variable(1) $6,733,438.720 January 2037 I-5-B Variable(1) $6,352,366.055 January 2037 I-6-B Variable(1) $5,779,893.775 January 2037 I-7-B Variable(1) $5,314,448.385 January 2037 I-8-B Variable(1) $4,901,330.220 January 2037 I-9-B Variable(1) $4,570,975.205 January 2037 I-10-B Variable(1) $4,309,653.115 January 2037 I-11-B Variable(1) $4,031,713.360 January 2037 I-12-B Variable(1) $3,798,356.775 January 2037 I-13-B Variable(1) $3,606,300.030 January 2037 I-14-B Variable(1) $4,171,766.385 January 2037 I-15-B Variable(1) $7,364,937.570 January 2037 I-16-B Variable(1) $10,471,354.695 January 2037 I-17-B Variable(1) $8,477,731.365 January 2037 I-18-B Variable(1) $6,353,782.155 January 2037 I-19-B Variable(1) $4,985,206.680 January 2037 I-20-B Variable(1) $4,128,735.135 January 2037 I-21-B Variable(1) $3,480,908.990 January 2037 I-22-B Variable(1) $3,276,277.800 January 2037 I-23-B Variable(1) $3,077,772.845 January 2037 I-24-B Variable(1) $2,803,983.020 January 2037 I-25-B Variable(1) $2,618,241.775 January 2037 I-26-B Variable(1) $2,578,953.290 January 2037 I-27-B Variable(1) $3,218,670.410 January 2037 I-28-B Variable(1) $3,938,171.235 January 2037 I-29-B Variable(1) $3,328,832.480 January 2037 I-30-B Variable(1) $2,204,187.185 January 2037 I-31-B Variable(1) $1,473,668.420 January 2037 I-32-B Variable(1) $1,857,219.985 January 2037 I-33-B Variable(1) $1,742,556.970 January 2037 I-34-B Variable(1) $1,595,026.450 January 2037 I-35-B Variable(1) $1,466,163.880 January 2037 I-36-B Variable(1) $1,365,779.185 January 2037 I-37-B Variable(1) $1,291,217.525 January 2037 I-38-B Variable(1) $1,243,200.275 January 2037 I-39-B Variable(1) $1,193,371.310 January 2037 I-40-B Variable(1) $1,134,629.925 January 2037 I-41-B Variable(1) $1,068,780.425 January 2037 I-42-B Variable(1) $994,842.585 January 2037 I-43-B Variable(1) $942,993.380 January 2037 I-44-B Variable(1) $880,341.210 January 2037 I-45-B Variable(1) $828,529.525 January 2037 I-46-B Variable(1) $20,367,333.245 January 2037 A-I Variable(1) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 58,649,220.890 January 2037 ____________________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-Through Rate.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (RASC Series 2007-Ks1 Trust), Pooling and Servicing Agreement (RASC Series 2007-Ks1 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple fourteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets (exclusive of the Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass- Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT-A-1 Variable(1) LT1AA Variable(2) $ 165,478,105.44 April $1,532.00 August 25, 2012 LT1A1 Variable(22032 LT-A-2 Variable(1) $ 968,290.00 April $30,961,000.00 August 25, 2012 LT1A2 Variable(22032 LT-A-3 Variable(1) $ 490,450.00 April $28,278,000.00 August 25, 2012 LT1A3 Variable(22032 LT-A-4 Variable(1) $ 207,860.00 April $26,181,000.00 August 25, 2012 LT1M Variable(22032 LT-A-5 Variable(1) $ 7,590.00 April $24,239,000.00 August 25, 2012 LT1B Variable(22032 LT-A-6 Variable(1) $ 14,362.09 April $22,443,000.00 August 25, 2012 LT1ZZ Variable(22032 LT-A-7 Variable(1) $ 1,688,552.10 April $20,778,000.00 August 25, 2012 LT1P Variable(22032 LT-A-8 Variable(1) $ 100.00 April $19,236,000.00 August 25, 2012 2032 LT-A-9 Variable(1) $17,811,000.00 August 25, 2032 _______________ (1) Calculated as provided in the definition of Group I Net WAC Cap Rate. 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, 2032 _______________ (1) Calculated as provided in the definition of Group II Net WAC Cap Rate. REMIC 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) subject to this Agreement 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 "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% $(2) August 25, 2032 LT3-AII-AA Variable(3) $198,940,650.72 August 25, 2032 LT3-AII-1 Variable(3) $2,030,000.00 August 25, 2032 LT3-AII-ZZ Variable(3) $2,030,013.28 August 25, 2032
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple classesClasses, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund to be created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Pooled Mortgage Loans (exclusive of certain amounts payable thereon) and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I". The Class R-1 Interest represents R Certificates will represent ownership of (among other things) the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions under federal income tax law. 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 Certificates will represent ownership of (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 designation, the Uncertificated REMIC 1 Pass-Through Rate, II Remittance Rate and the initial Uncertificated Principal Balance, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” Balance for each of the REMIC 1 II Regular Interests. The Latest Possible Maturity Date for each REMIC II Regular Interest is the Rated Final Distribution Date. None of the REMIC 1 II Regular Interests will be certificated. Initial REMIC II Uncertificated Designation Uncertificated REMIC 1 Pass-Through Remittance Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2----------- --------------- ----------------- A-1-1 Variable (1) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(250,211,000 A-1-2 Variable (1) $ 968,290.00 April 25, 2012 LT1A2 Variable(243,116,000 A-1-3 Variable (1) $ 490,450.00 April 25, 2012 LT1A3 Variable(243,761,000 A-1-4 Variable (1) $ 207,860.00 April 25, 2012 LT1M Variable(2129,287,000 A-1-5 Variable (1) $ 7,590.00 April 25, 2012 LT1B Variable(231,872,000 A-1-6 Variable (1) $ 14,362.09 April 25, 2012 LT1ZZ Variable(273,564,000 A-2-1 Variable (1) $ 1,688,552.10 April 25, 2012 LT1P Variable(233,967,000 A-2-2 Variable (1) $ 100.00 April 25, 2012 ___________________36,940,000 A-2-3 Variable (1) $ 314,948,000 B Variable (1) $ 26,483,000 C Variable (1) $ 31,089,000 D-1 Variable (1) $ 2,265,000 D-2 Variable (1) $ 5,795,000 E-1 Variable (1) $ 2,583,000 E-2 Variable (1) $ 6,628,000 F-1 Variable (1) $ 5,195,000 F-2 Variable (1) $ 8,622,000 G-1 Variable (1) $ 6,577,000 G-2 Variable (1) $ 7,240,000 H-1 Variable (1) $ 7,566,000 H-2 Variable (1) $ 8,554,000 J-1 Variable (1) $ 1,181,000 J-2 Variable (1) $ 9,182,000 K Variable (1) $ 3,454,000 L Variable (1) $ 5,757,000 M Variable (1) $ 9,211,000 N Variable (1) $ 2,302,000 P Variable (1) $ 13,824,883 --------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Sec Tr 2002-Pbw1)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, is the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in owner of the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) that is hereby conveyed to the Class A-1 Certificates, (ii) Trustee in return for 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated Initial Uncertificated REMIC 1 Pass-I Pass Assumed Final Designation Principal Balance Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2-------------------- ------------------------ ---------------- ---------------- LTI-1 $ 775,548,239.16 Variable (2) $ 165,478,105.44 April August 25, 2012 LT1A1 Variable(22033 LTI-IO-A $ 17,234,400.00 Variable (2) $ 968,290.00 April August 25, 2012 LT1A2 Variable(22033 LTI-IO-B $ 17,234,400.00 Variable (2) $ 490,450.00 April August 25, 2012 LT1A3 Variable(22033 LTI-IO-C $ 51,703,200.00 Variable (2) ▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇ $ 207,860.00 April 100.00 Variable (2) August 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2033
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Inc 2003-Ac4)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 of the Trust Fund created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprised of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. REMIC I As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of other than the Excess Reserve Fund Account Cap Contracts and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinReserve Fund) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I". The Class R-1 R-I Interest represents will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 PassI REMITTANCE INITIAL LATEST POSSIBLE DESIGNATION RATE UNCERTIFICATED BALANCE MATURITY DATE (1) --------------- --------------- ------------------------ ------------------- I-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA LTAA Variable(2) $ 165,478,105.44 April 307,403,452.14 March 25, 2012 LT1A1 2035 I-LTA1A ▇▇▇▇▇▇▇▇(▇) $ 1,518,770.00 March 25, 2035 I-LTA1B ▇▇▇▇▇▇▇▇(▇) $ 379,695.00 March 25, 2035 I-LTA2A ▇▇▇▇▇▇▇▇(▇) $ 338,040.00 March 25, 2035 I-LTA2B ▇▇▇▇▇▇▇▇(▇) $ 107,485.00 March 25, 2035 I-LTA2C ▇▇▇▇▇▇▇▇(▇) $ 80,735.00 March 25, 2035 I-LTM1 ▇▇▇▇▇▇▇▇(▇) $ 125,470.00 March 25, 2035 I-LTM2 Variable(2) $ 968,290.00 April 103,515.00 March 25, 2012 LT1A2 2035 I-LTM3 Variable(2) $ 490,450.00 April 62,735.00 March 25, 2012 LT1A3 2035 I-LTM4 ▇▇▇▇▇▇▇▇(▇) $ 58,030.00 March 25, 2035 I-LTM5 ▇▇▇▇▇▇▇▇(▇) $ 50,190.00 March 25, 2035 I-LTM6 ▇▇▇▇▇▇▇▇(▇) $ 50,190.00 March 25, 2035 I-LTM7 ▇▇▇▇▇▇▇▇(▇) $ 45,485.00 March 25, 2035 I-LTM8 ▇▇▇▇▇▇▇▇(▇) $ 34,505.00 March 25, 2035 I-LTM9 ▇▇▇▇▇▇▇▇(▇) $ 31,370.00 March 25, 2035 I-LTB1 Variable(2) $ 207,860.00 April 31,370.00 March 25, 2012 LT1M 2035 I-LTB2 Variable(2) $ 7,590.00 April 48,620.00 March 25, 2012 LT1B 2035 I-LTB3 Variable(2) $ 14,362.09 April 34,505.00 March 25, 2012 LT1ZZ 2035 I-LTZZ Variable(2) $ 1,688,552.10 April 3,172,829.00 March 25, 2012 LT1P 2035 I-LTP ▇▇▇▇▇▇▇▇(▇) $ 100.00 March 25, 2035 I-LT1SUB ▇▇▇▇▇▇▇▇(▇) $ ▇1,150.00 March 25, 2035 I-LT1GRP ▇▇▇▇▇▇▇▇(▇) $ ▇9,119.35 March 25, 2035 I-LT2SUB ▇▇▇▇▇▇▇▇(▇) $ ▇,090.86 March 25, 2035 I-LT2GRP ▇▇▇▇▇▇▇▇(▇) $ ▇3,616.00 March 25, 2035 I-LTXX Variable(2) $ 100.00 April 313,600,015.67 March 25, 2012 ___________________2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (ACE Securities Corp Series Home Equity Trust 2005-Rm1)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will shall evidence the entire beneficial ownership interest in the Trust Fund each REMIC (as defined herein) created hereunder. The Certificates will Trust Fund shall consist of eight classes a segregated pool of certificates, designated as (i) assets consisting of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than any Master Servicer Prepayment Charge Payment Amounts, the Net WAC Rate Carryover Reserve Account, the Swap Account and the Interest Rate Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will shall be designated as “REMIC 1.I.” The Class R-1 R-I Interest represents shall be the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will shall be certificated. Designation Uncertificated REMIC 1 Pass-Through I Remittance Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA I Variable(2) $ 165,478,105.44 April 87.13 September 25, 2012 LT1A1 2035 I-1-A Variable(2) $ 968,290.00 April 5,483,835.10 September 25, 2012 LT1A2 2035 I-1-B Variable(2) $ 490,450.00 April 5,483,835.10 September 25, 2012 LT1A3 2035 I-2-A Variable(2) $ 207,860.00 April 7,153,899.38 September 25, 2012 LT1M 2035 I-2-B Variable(2) $ 7,590.00 April 7,153,899.38 September 25, 2012 LT1B 2035 I-3-A Variable(2) $ 14,362.09 April 8,823,421.97 September 25, 2012 LT1ZZ 2035 I-3-B Variable(2) $ 1,688,552.10 April 8,823,421.97 September 25, 2012 LT1P 2035 I-4-A Variable(2) $ 100.00 April 10,479,902.44 September 25, 2012 ___________________2035 I-4-B Variable(2) $ 10,479,902.44 September 25, 2035 I-5-A Variable(2) $ 12,110,270.57 September 25, 2035 I-5-B Variable(2) $ 12,110,270.57 September 25, 2035 I-6-A Variable(2) $ 13,701,101.62 September 25, 2035 I-6-B Variable(2) $ 13,701,101.62 September 25, 2035 I-7-A Variable(2) $ 15,238,753.56 September 25, 2035 I-7-B Variable(2) $ 15,238,753.56 September 25, 2035 I-8-A Variable(2) $ 16,709,526.11 September 25, 2035 I-8-B Variable(2) $ 16,709,526.11 September 25, 2035 I-9-A Variable(2) $ 18,061,622.98 September 25, 2035 I-9-B Variable(2) $ 18,061,622.98 September 25, 2035 I-10-A Variable(2) $ 18,843,217.11 September 25, 2035 I-10-B Variable(2) $ 18,843,217.11 September 25, 2035 I-11-A Variable(2) $ 19,538,644.19 September 25, 2035 I-11-B Variable(2) $ 19,538,644.19 September 25, 2035 I-12-A Variable(2) $ 18,757,266.32 September 25, 2035 I-12-B Variable(2) $ 18,757,266.32 September 25, 2035 I-13-A Variable(2) $ 18,007,404.15 September 25, 2035 I-13-B Variable(2) $ 18,007,404.15 September 25, 2035 I-14-A Variable(2) $ 17,287,979.51 September 25, 2035 I-14-B Variable(2) $ 17,287,979.51 September 25, 2035 I-15-A Variable(2) $ 16,597,737.47 September 25, 2035 I-15-B Variable(2) $ 16,597,737.47 September 25, 2035 I-16-A Variable(2) $ 15,935,483.40 September 25, 2035 I-16-B Variable(2) $ 15,935,483.40 September 25, 2035 I-17-A Variable(2) $ 15,300,067.37 September 25, 2035 I-17-B Variable(2) $ 15,300,067.37 September 25, 2035 I-18-A Variable(2) $ 14,690,386.27 September 25, 2035 I-18-B Variable(2) $ 14,690,386.27 September 25, 2035 I-19-A Variable(2) $ 14,105,387.90 September 25, 2035 I-19-B Variable(2) $ 14,105,387.90 September 25, 2035 I-20-A Variable(2) $ 13,544,056.45 September 25, 2035 I-20-B Variable(2) $ 13,544,056.45 September 25, 2035 I-21-A Variable(2) $ 13,027,307.80 September 25, 2035 I-21-B Variable(2) $ 13,027,307.80 September 25, 2035 I-22-A Variable(2) $ 12,655,534.32 September 25, 2035 I-22-B Variable(2) $ 12,655,534.32 September 25, 2035 I-23-A Variable(2) $ 33,798,407.28 September 25, 2035 I-23-B Variable(2) $ 33,798,407.28 September 25, 2035 I-24-A Variable(2) $ 29,165,727.12 September 25, 2035 I-24-B Variable(2) $ 29,165,727.12 September 25, 2035 I-25-A Variable(2) $ 25,213,704.94 September 25, 2035 I-25-B Variable(2) $ 25,213,704.94 September 25, 2035 I-26-A Variable(2) $ 21,767,844.05 September 25, 2035 I-26-B Variable(2) $ 21,767,844.05 September 25, 2035 I-27-A Variable(2) $ 8,095,144.20 September 25, 2035 I-27-B Variable(2) $ 8,095,144.20 September 25, 2035 I-28-A Variable(2) $ 7,746,276.58 September 25, 2035 I-28-B Variable(2) $ 7,746,276.58 September 25, 2035 I-29-A Variable(2) $ 7,414,760.69 September 25, 2035 I-29-B Variable(2) $ 7,414,760.69 September 25, 2035 I-30-A Variable(2) $ 7,096,910.76 September 25, 2035 I-30-B Variable(2) $ 7,096,910.76 September 25, 2035 I-31-A Variable(2) $ 6,794,348.73 September 25, 2035 I-31-B Variable(2) $ 6,794,348.73 September 25, 2035 I-32-A Variable(2) $ 6,505,217.69 September 25, 2035 I-32-B Variable(2) $ 6,505,217.69 September 25, 2035 I-33-A Variable(2) $ 6,228,906.28 September 25, 2035 I-33-B Variable(2) $ 6,228,906.28 September 25, 2035 I-34-A Variable(2) $ 5,964,824.98 September 25, 2035 I-34-B Variable(2) $ 5,964,824.98 September 25, 2035 I-35-A Variable(2) $ 5,712,415.47 September 25, 2035 I-35-B Variable(2) $ 5,712,415.47 September 25, 2035 I-36-A Variable(2) $ 5,469,677.36 September 25, 2035 I-36-B Variable(2) $ 5,469,677.36 September 25, 2035 I-37-A Variable(2) $ 5,239,174.55 September 25, 2035 I-37-B Variable(2) $ 5,239,174.55 September 25, 2035 I-38-A Variable(2) $ 5,018,814.13 September 25, 2035 I-38-B Variable(2) $ 5,018,814.13 September 25, 2035 I-39-A Variable(2) $ 4,808,131.33 September 25, 2035 I-39-B Variable(2) $ 4,808,131.33 September 25, 2035 I-40-A Variable(2) $ 4,606,684.28 September 25, 2035 I-40-B Variable(2) $ 4,606,684.28 September 25, 2035 I-41-A Variable(2) $ 4,414,055.01 September 25, 2035 I-41-B Variable(2) $ 4,414,055.01 September 25, 2035 I-42-A Variable(2) $ 4,229,764.23 September 25, 2035 I-42-B Variable(2) $ 4,229,764.23 September 25, 2035 I-43-A Variable(2) $ 4,053,598.78 September 25, 2035 I-43-B Variable(2) $ 4,053,598.78 September 25, 2035 I-44-A Variable(2) $ 3,885,104.32 September 25, 2035 I-44-B Variable(2) $ 3,885,104.32 September 25, 2035 I-45-A Variable(2) $ 3,723,937.74 September 25, 2035 I-45-B Variable(2) $ 3,723,937.74 September 25, 2035 I-46-A Variable(2) $ 3,569,768.41 September 25, 2035 I-46-B Variable(2) $ 3,569,768.41 September 25, 2035 I-47-A Variable(2) $ 3,422,278.18 September 25, 2035 I-47-B Variable(2) $ 3,422,278.18 September 25, 2035 I-48-A Variable(2) $ 3,281,169.70 September 25, 2035 I-48-B Variable(2) $ 3,281,169.70 September 25, 2035 I-49-A Variable(2) $ 3,146,154.95 September 25, 2035 I-49-B Variable(2) $ 3,146,154.95 September 25, 2035 I-50-A Variable(2) $ 3,016,961.55 September 25, 2035 I-50-B Variable(2) $ 3,016,961.55 September 25, 2035 I-51-A Variable(2) $ 2,893,328.53 September 25, 2035 I-51-B Variable(2) $ 2,893,328.53 September 25, 2035 I-52-A Variable(2) $ 2,775,005.30 September 25, 2035 I-52-B Variable(2) $ 2,775,005.30 September 25, 2035 I-53-A Variable(2) $ 2,661,756.90 September 25, 2035 I-53-B Variable(2) $ 2,661,756.90 September 25, 2035 I-54-A Variable(2) $ 2,553,355.63 September 25, 2035 I-54-B Variable(2) $ 2,553,355.63 September 25, 2035 I-55-A Variable(2) $ 63,500,351.63 September 25, 2035 I-55-B Variable(2) $ 63,500,351.63 September 25, 2035 II Variable(2) $ 17.62 September 25, 2035
Appears in 1 contract
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, is the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in owner of the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) that is hereby conveyed to the Class A-1 Certificates, (ii) Trustee in return for 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation ----------------------------------------------------------------------------------------------------------------------- Initial Uncertificated Uncertificated REMIC 1 I Assumed Final Maturity Designation Principal Balance Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA LTI-1 $221,632,910.30 ▇▇▇▇▇▇▇▇(▇) ▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇▇-▇ $4,925,000.00 Variable(2) $ 165,478,105.44 April August 25, 2012 LT1A1 2033 LTI-IO-B $4,925,000.00 Variable(2) $ 968,290.00 April August 25, 2012 LT1A2 Variable(22033 LTI-IO-C $14,776,000.00 ▇▇▇▇▇▇▇▇(▇) $ 490,450.00 April ▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇ $100.00 (3) August 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 2033 ____________________ -----------------------------------------------------------------------------------------------------------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Nomura Asset Acc Corp Alter Ln Tr Ser 2003-A3)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple seventeen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans, Group II Loans, Group III Loans Group IV Loans and Group V Loans, and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the Uncertificated "REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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 Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interestsdate set forth below. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI LATEST POSSIBLE MATURITY DESIGNATION REMIC I PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2) $ 165,478,105.44 April THROUGH RATE PRINCIPAL BALANCE DATE ------------------- ------------------------- ---------------------- ------------------------ I-SUB 6.00 $342.01 Jun 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 2017 I- ZZZ 6.00% $38,271,659.72 June 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 2017 II-SUB 7.50% $243.67 August 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 2019 II-ZZZ 7.50% $27,216,463.65 August 25, 2012 LT1M Variable(2) $ 7,590.00 April 2019 III-SUB 7.00% $290.91 March 25, 2012 LT1B Variable(2) $ 14,362.09 April 2032 III-ZZZ 7.00% $32,719,832.63 March 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 2032 IV-SUB 7.50% $342.82 March 25, 2012 LT1P Variable(2) $ 100.00 April 2032 IV-ZZZ 7.50% $38,946,819.63 March 25, 2012 ___________________2032 V-SUB 8.00% $266.84 October 25, 2031 V-ZZZ 8.00% $30,313,160.92 October 25, 2031 A-PO 0.00% $1,390,306.07 March 25, 2032 REMIC I IO Regular Interests (1) (2) March 25, 2032
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005 SL2 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple fourteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass- Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of the REMIC 1 I Regular InterestsInterests shall be the 360th Distribution Date. None of the The REMIC 1 I Regular Interests will not be certificated. Uncertificated Designation REMIC-I Initial Uncertificated REMIC 1 Latest Possible Pass-Through Rate Initial Uncertificated Principal Principal-Balance Latest Possible Maturity Date(1Maturity-Date-(1) LT1AA ZZ Variable(2) $ 165,478,105.44 April March 25, 2012 LT1A1 2034 $3,000,003.43 1A Variable(2) $ 968,290.00 April March 25, 2012 LT1A2 2034 $5,750.03 1B Variable(2) $ 490,450.00 April March 25, 2012 LT1A3 2034 $50,000.03 2A Variable(2) $ 207,860.00 April March 25, 2012 LT1M 2034 $1,150.00 2B Variable(2) $ 7,590.00 April March 25, 2012 LT1B 2034 $10,000.00 XX Variable(2) $ 14,362.09 April March 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 2034 $299,933,271.57 ___________________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Ramp Trust 2004-Rs3)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage-backed pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple classesseventeen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated Mortgage Loans (as (idefined herein) 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, (vii) the Class P Certificates and (viii) the Class R Certificatescertain other related assets. As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.I.” The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the “Uncertificated REMIC 1 I Pass-Through Rate, the ”) and initial Uncertificated Principal Balance, and Balance for purposes each of satisfying Treasury regulation Section 1.860G-1(a)(4)(iiithe “regular interests” in REMIC I (the “REMIC I Regular Interests”), the . The “latest possible maturity date” (determined solely for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii)) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1LT1 Variable(1) LT1AA Variable(2) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 [_______] [________] 20[_] LT2 Variable(1) [_______] [________] 20[_] LT3 0.00%(1) [_______] [________] 20[_] LT4 Variable(1) [_______] [________] 20[_]
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Phoenix Residential Securities, LLC)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Supplemental Interest Trust Account, the Swap Agreement and the SB-AM Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The I." Component I of the Class R-1 Interest represents R Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI INITIAL UNCERTIFICATED DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE I-1-A Variable(1) LT1AA Variable(2$7,720,500.00 I-2-A Variable(1) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2$9,985,500.00 I-3-A Variable(1) $ 968,290.00 April 25, 2012 LT1A2 Variable(2$12,246,500.00 I-4-A Variable(1) $ 490,450.00 April 25, 2012 LT1A3 Variable(2$14,546,500.00 I-5-A Variable(1) $ 207,860.00 April 25, 2012 LT1M Variable(2$16,704,500.00 I-6-A Variable(1) $ 7,590.00 April 25, 2012 LT1B Variable(2$18,749,500.00 I-7-A Variable(1) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2$20,693,000.00 I-8-A Variable(1) $ 1,688,552.10 April 25, 2012 LT1P Variable(2$22,232,500.00 I-9-A Variable(1) $ 100.00 April 25, 2012 $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 definition of Uncertificated REMIC I Pass-Through Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2007-Ks3 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple sixteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans, Group II Loans, Group III Loans and Group IV Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the Uncertificated "REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interestsdate set forth below. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2) $ 165,478,105.44 THROUGH RATE PRINCIPAL BALANCE MATURITY DATE ----------- ----------------- ----------------- ------------- A-I-PO 0.00% $1,409,743.03 April 25, 2012 LT1A1 Variable(2) $ 968,290.00 2031 I-SUB 7.125% $145.97 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 2031 I-ZZZ 7.125% $50,723,667.62 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 2031 II-SUB 6.50% $64.46 April 25, 2012 LT1M Variable(2) $ 7,590.00 2031 II-ZZZ 6.50% $22,801,235.60 April 25, 2012 LT1B Variable(2) $ 14,362.09 2031 III-SUB 4.50% $978.22 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 2031 III-ZZZ 5.00% $345,853,444.33 April 25, 2012 LT1P Variable(2) $ 100.00 2031 IV-SUB 5.00% $396.72 April 25, 2012 2031 IV-ZZZ 0.00% $139,516,528.37 April 25, 2031 A-PO 0.00% $5,899,830.87 April 25, 2031 REMIC I IO-I Regular (1) (2) April 25, 2031 Interests REMIC I IO Regular (1) (2) April 25, 2031 Interests ___________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesfifteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Yield Maintenance Agreement and any payments thereunder) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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, certain features, Final Scheduled Distribution Date and initial ratings 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 the REMIC 1 Regular Interests. None of the REMIC 1 II Regular Interests will shall be certificatedthe 360th Distribution Date. Designation Uncertificated REMIC 1 Aggregate Initial Certificate Pass-Through Principal Final Scheduled Designation Type Rate Balance Distribution Date Initial Uncertificated Principal Balance Latest Possible Maturity Date(1Ratings Moody's S&P Class ▇-▇(▇) LT1AA Variable(2Senior Adjustable(2) $ 165,478,105.44 April $208,492,000 November 25, 2012 LT1A1 Variable(22027 Aaa AAA (3) $ 968,290.00 April Class A-2(1) Senior Adjustable(2) $206,019,000 December 25, 2012 LT1A2 Variable(22035 Aaa AAA (3) $ 490,450.00 April Class A-3(1) Senior Adjustable(2) $32,089,000 January 25, 2012 LT1A3 Variable(22036 Aaa AAA (3) $ 207,860.00 April Class M-1(1) Mezzanine Adjustable(2) $18,700,000 January 25, 2012 LT1M Variable(22036 Aa1 AA+ (3) $ 7,590.00 April Class M-2(1) Mezzanine Adjustable(2) $16,500,000 January 25, 2012 LT1B Variable(22036 Aa2 AA (3) $ 14,362.09 April Class M-3(1) Mezzanine Adjustable(2) $10,175,000 January 25, 2012 LT1ZZ Variable(22036 Aa3 AA (3) $ 1,688,552.10 April Class M-4(1) Mezzanine Adjustable(2) $9,075,000 January 25, 2012 LT1P Variable(22036 A1 AA (3) $ 100.00 April Class M-5(1) Mezzanine Adjustable(2) $9,075,000 January 25, 2012 ___________________2036 A2 A+ (3) Class M-6(1) Mezzanine Adjustable(2) $7,975,000 January 25, 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 Residual N/A N/A N/A N/R N/R Class R-II Residual N/A N/A N/A N/R N/R
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Nc1 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple sixteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Reserve Fund and the Yield Maintenance Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.I.” The Class R-1 Interest represents R-I Certificates will represent the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the “Uncertificated REMIC 1 I Pass-Through Rate, the ”) and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of the REMIC 1 I Regular InterestsInterests shall be the 360th Distribution Date. None of the The REMIC 1 I Regular Interests will not be certificated. Designation Uncertificated REMIC 1 I Uncertificated REMIC I Latest Possible Designation Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1Date AA Variable(1) LT1AA Variable(2) $ 165,478,105.44 April $710,500,025.12 February 25, 2012 LT1A1 Variable(22035 A-I-1 Variable(1) $ 968,290.00 April $3,826,080.00 February 25, 2012 LT1A2 Variable(22035 A-I-2 Variable(1) $ 490,450.00 April $425,120.00 February 25, 2012 LT1A3 Variable(22035 A-II-1 Variable(1) $ 207,860.00 April $868,000.00 February 25, 2012 LT1M Variable(22035 A-II-2 Variable(1) $ 7,590.00 April $645,300.00 February 25, 2012 LT1B Variable(22035 A-II-3 Variable(1) $ 14,362.09 April $126,100.00 February 25, 2012 LT1ZZ Variable(22035 M-1 Variable(1) $ 1,688,552.10 April $416,880.00 February 25, 2012 LT1P Variable(22035 M-2 Variable(1) $ 100.00 April $217,500.00 February 25, 2012 ___________________2035 M-3 Variable(1) $126,880.00 February 25, 2035 M-4 Variable(1) $126,880.00 February 25, 2035 M-5 Variable(1) $126,880.00 February 25, 2035 M-6 Variable(1) $108,750.00 February 25, 2035 M-7 Variable(1) $126,880.00 February 25, 2035 M-8 Variable(1) $108,750.00 February 25, 2035 ZZ Variable(1) $7,250,000.51 February 25, 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005-Rs2 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund each REMIC (as defined herein) created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprised of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (excluding the Carryover Shortfall Reserve Fund, the Supplemental Loan Account and the Capitalized Interest Account) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit REMIC (a “REMIC”as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” I”. The Class R-1 R-I Residual Interest represents will be the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through I Remittance Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1Date (1) LT1AA Variable(2LT1 Variable (2) $ 165,478,105.44 $566,564,428.22 April 25, 2012 LT1A1 Variable(22036 LT1PF Variable (2) $ 968,290.00 April 25$9,557,396.18 A▇▇▇▇ ▇▇, 2012 LT1A2 Variable(2▇▇▇▇ ▇▇▇ Variable (2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ $100.00 April 25, 2012 ___________________2036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Luminent Mortgage Trust 2006-1)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Yield Maintenance Agreement and any payments thereunder) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of the REMIC 1 I Regular InterestsInterests shall be the Distribution Date immediately succeeding the 360th Distribution Date. None of the The REMIC 1 I Regular Interests will not be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE AA Variable(1) LT1AA Variable(2) $ 165,478,105.44 April $382,200,132.84 September 25, 2012 LT1A1 Variable(22036 A-1 Variable(1) $ 968,290.00 April $1,437,340 September 25, 2012 LT1A2 Variable(22036 A-2 Variable(1) $ 490,450.00 April $289,030 September 25, 2012 LT1A3 Variable(22036 A-3 Variable(1) $ 207,860.00 April $1,047,760 September 25, 2012 LT1M Variable(22036 A-4 Variable(1) $ 7,590.00 April $657,870 September 25, 2012 LT1B Variable(22036 M-1 Variable(1) $ 14,362.09 April $107,250 September 25, 2012 LT1ZZ Variable(22036 M-2 Variable(1) $ 1,688,552.10 April $70,200 September 25, 2012 LT1P Variable(22036 M-3 Variable(1) $ 100.00 April $40,950 September 25, 2012 ___________________2036 M-4 Variable(1) $37,050 September 25, 2036 M-5 Variable(1) $29,250 September 25, 2036 M-6 Variable(1) $25,350 September 25, 2036 M-7 Variable(1) $23,400 September 25, 2036 M-8 Variable(1) $21,450 September 25, 2036 M-9 Variable(1) $39,000 September 25, 2036 ZZ Variable(1) $3,974,102.72 September 25, 2036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Rs5 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesfifteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Yield Maintenance Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI INITIAL UNCERTIFICATED ------------------- REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT-1 Variable(1) LT1AA Variable(2$569,905,532.48 February 25, 2036 LT-2 Variable(1) $ 165,478,105.44 April 19,525.68 February 25, 2012 LT1A1 Variable(22036 LT-3 0.00% $ 37,747.32 February 25, 2036 LT-4 Variable(1) $ 968,290.00 April 37,747.32 February 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 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, certain features, month of Final Scheduled Distribution Date and initial ratings 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 Maturity Date.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2006-Emx2 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple twenty-four classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be June 25, 2032, which is the REMIC 1 Regular InterestsDistribution Date eighteen months following the last scheduled monthly payment for any Mortgage Loan. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT-I Variable(1) $ 165,478,105.44 April 137,864,883.42 June 25, 2012 LT1A1 Variable(22032 LT-I-IO Variable(1) $ 968,290.00 April (2) June 25, 2012 LT1A2 Variable(2) 2032 LT-I-PO 0.00% $ 490,450.00 April 96,379.00 June 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2032
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, is the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in owner of the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) that is hereby conveyed to the Class A-1 Certificates, (ii) Trustee in return for 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I ------- As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Initial Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA -------------------- -------------------------- ---------------------------- ----------------------- LT1A Variable(2) $ 165,478,105.44 April 181,976,254.00 November 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 2031 LT1B Variable(2) $ 14,362.09 April 20,220,000.00 November 25, 2012 LT1ZZ 2031 LT2 Variable(2) $ 1,688,552.10 April 326,265,756.00 November 25, 2012 2031 LT1P Variable(2) $ 100.00 April November 25, 2012 ___________________2031 -------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple eleven classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets (exclusive of the Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass- Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT1-AI-AA Variable(1) $ 165,478,105.44 April 490,000,582.94 May 25, 2012 LT1A1 Variable(22033 LT1-AI-1 Variable(1) $ 968,290.00 April 1,686,000.00 May 25, 2012 LT1A2 Variable(22033 LT1-AI-2 Variable(1) $ 490,450.00 April 548,000.00 May 25, 2012 LT1A3 Variable(22033 LT1-AI-3 Variable(1) $ 207,860.00 April 912,000.00 May 25, 2012 2033 LT1M Variable(2-AI-4 Variable(1) $ 7,590.00 April 794,000.00 May 25, 2012 LT1B Variable(22033 LT1-AI-5 Variable(1) $ 14,362.09 April 560,000.00 May 25, 2012 LT1ZZ Variable(22033 LT1-AI-6 Variable(1) $ 1,688,552.10 April 500,000.00 May 25, 2012 LT1P Variable(22033 LT1-AI-ZZ Variable(1) $ 100.00 April 5,000,011.90 May 25, 2012 2033 ____________________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-Through Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor Company intends to sell mortgage 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 Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated Mortgage Loans (as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificatesdefined herein). As provided herein, the Trustee shall REMIC Administrator will make an election to treat the entire segregated pool of assets consisting of relating to the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified Loans, as excluded described in accordance with the definition of “REMIC 1” herein) I below, 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated RELATED REMIC 1 Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1I INITIAL LATEST DESIGNATION CLASSES OF REMITTANCE UNCERTIFICATED POSSIBLE DATE CERTIFICATES RATE BALANCE MATURITY DATE(1) LT1AA Variable(2) $ 165,478,105.44 April LT1 Class A-5, 6.750% $54,259,555 November 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 2031 Class A-7, Class ▇-▇, ▇▇▇▇▇ ▇-▇, Class M-3, Class B-1, Class B-2, Class B-3 and Class R-II LT2 Class A-1 5.750% $53,578,000 November 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 2031 LT3 Class A-2 6.250% $53,578,000 November 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 2031 LT4 Class A-3, 8.500% $45,924,000 November 25, 2012 LT1M Variable(2) $ 7,590.00 April 2031 Class A-4 LT5 Class A-6 6.750% $15,000,000 November 25, 2012 LT1B Variable(22031 LTIO Class IO (2) $ 14,362.09 April $0.00 November 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 2031 LTPO Class PO 0.000% $998,290.69 November 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 2031 ___________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund each REMIC (as defined herein) created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets consisting of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than the Pre-Funding Accounts, the Interest Coverage Accounts, any Subsequent Mortgage Loan Interest, the Excess Reserve Fund Account, the Supplemental Interest Trust and the Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” I. The Class R-1 R-I Interest represents will be the sole class of “residual interests” interests in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” date for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through I Remittance Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA I-LT1 Variable(2) $194,376,155.71 November 25, 2036 I-LT1PF Variable(2) $ 165,478,105.44 April 55,623,744.29 November 25, 2012 LT1A1 2▇▇▇ ▇-▇▇▇ Variable(2) $ 968,290.00 April $596,439,449.93 November 25, 2012 LT1A2 2036 I-LT2PF Variable(2) $ 490,450.00 April $103,560,550.07 November 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P 2▇▇▇ ▇-▇▇▇ Variable(2) $ 100.00 April November 25, 2012 2036 ___________________
Appears in 1 contract
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through mortgage loan backed certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple thirteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and Group II Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the Uncertificated "REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interestsdate set forth below. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE A-II-PO 0.00% $33,469.00 January 2032 I-SUB 6.50% $70.26 January 2032 I-ZZZ 6.50% $36,019,670.40 January 2032 II-SUB 6.50% $212.79 January 2032 II-ZZZ 6.50% $109,074,718.75 January 2032 REMIC I IO-II (1) LT1AA Variable(2(2) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________January 2032 Regular Interests
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAAC Series 2004-Sp2)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesseventeen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Yield Maintenance Agreement, the Supplemental Interest Trust Account and the Swap Agreements) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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 Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” ) for each of the REMIC 1 I Regular InterestsInterests shall be the Distribution Date immediately succeeding the 360th Distribution Date. None of the The REMIC 1 I Regular Interests will not be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE ----------- ---------------------- ------------------------------ ------------------ AA Variable(1) LT1AA Variable(2) $ 165,478,105.44 April $473,200,820 February 25, 2012 LT1A1 Variable(22037 A-1 Variable(1) $ 968,290.00 April $1,602,790 February 25, 2012 LT1A2 Variable(22037 A-2 Variable(1) $ 490,450.00 April $140,330 February 25, 2012 LT1A3 Variable(22037 A-3 Variable(1) $ 207,860.00 April $1,549,510 February 25, 2012 LT1M Variable(22037 A-4 Variable(1) $ 7,590.00 April $622,870 February 25, 2012 LT1B Variable(22037 A-5 Variable(1) $ 14,362.09 April $435,060 February 25, 2012 LT1ZZ Variable(22037 M-1 Variable(1) $ 1,688,552.10 April $84,500 February 25, 2012 LT1P Variable(22037 M-2 Variable(1) $ 100.00 April $84,500 February 25, 2012 ___________________2037 M-3 Variable(1) $48,290 February 25, 2037 M-4 Variable(1) $41,040 February 25, 2037 M-5 Variable(1) $38,630 February 25, 2037 M-6 Variable(1) $33,800 February 25, 2037 M-7 Variable(1) $29,870 February 25, 2037 M-8 Variable(1) $24,140 February 25, 2037 M-9 Variable(1) $24,140 February 25, 2037 M-10 Variable(1) $24,140 February 25, 2037 ZZ Variable(1) $4,874,468 February 25, 2037 --------------------------------------------------------------------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2007-Rs1 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple eighteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Yield Maintenance Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated Initial Uncertificated REMIC 1 I REMIC I Latest Possible Designation Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1Date LT1 Variable(1) LT1AA Variable(2$204,963,186.45 January 25, 2035 LT2 Variable(1) $ 165,478,105.44 April 4,183.45 January 25, 2012 LT1A1 Variable(22035 LT3 Variable(1) $ 968,290.00 April 16,316.55 January 25, 2012 LT1A2 Variable(22035 LT4 Variable(1) $ 490,450.00 April 16,316.55 January 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005-Rz1 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classeseighteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Swap Account and the Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The I." Component I of the Class R-1 Interest represents R Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI INITIAL UNCERTIFICATED LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2THROUGH RATE PRINCIPAL BALANCE MATURITY DATE I-1-A Variable(1) $ 165,478,105.44 5,328,999.97 April 25, 2012 LT1A1 Variable(22036 I-2-A Variable(1) $ 968,290.00 7,272,958.85 April 25, 2012 LT1A2 Variable(22036 I-3-A Variable(1) $ 490,450.00 9,225,640.45 April 25, 2012 LT1A3 Variable(22036 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) $ 207,860.00 8,835,486.37 April 25, 2012 LT1M Variable(22036 I-28-A Variable(1) $ 7,590.00 8,059,179.12 April 25, 2012 LT1B Variable(22036 I-29-A Variable(1) $ 14,362.09 7,611,513.835 April 25, 2012 LT1ZZ Variable(22036 I-30-A Variable(1) $ 1,688,552.10 5,865,245.605 April 25, 2012 LT1P Variable(22036 I-31-A Variable(1) $ 100.00 6,102,103.46 April 25, 2012 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 definition of Uncertificated REMIC I Pass-Through Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2006-Ks3 Trust)
PRELIMINARY STATEMENT. The Depositor Company 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 Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated Mortgage Loans (as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificatesdefined herein). As provided herein, the Trustee shall REMIC Administrator will make an election to treat the entire segregated pool of assets consisting described in the definition of the Mortgage Loans Trust Fund, and certain other related assets subject to this Agreement (exclusive of including the Excess Reserve Fund Account and the other assets identified Mortgage Loans), as excluded in accordance with the definition of “REMIC 1” herein) as a one real estate mortgage investment conduit (a “"REMIC”") for federal income tax purposes, . The terms and such segregated pool of assets will be designated as “REMIC 1.” The Class R-1 Interest represents the sole class of “residual interests” in REMIC 1 for purposes provisions of the REMIC ProvisionsStandard 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 irrevocably sets forth the designation, the Uncertificated REMIC 1 type, Pass-Through Rate, the initial Uncertificated aggregate Initial Certificate Principal Balance, Maturity Date, initial ratings and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” certain features for each Class of Certificates comprising the REMIC 1 Regular Interestsinterests in the Trust Fund created hereunder. None of the REMIC 1 Regular Interests will be certificated. Designation Uncertificated REMIC 1 PassAGGREGATE INITIAL CERTIFICATE S&P/ PASS-Through THROUGH PRINCIPAL MATURITY -------- MINIMUM DESIGNATION RATE BALANCE FEATURES(1) DATE ▇▇▇▇▇'▇ DENOMINATIONS(2) Class A-1 6.00% $199,487,100.00 Senior/Fixed Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2) $ 165,478,105.44 April October 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 2034 AAA/Aaa $25,000.00 Class A-P 0.00% $2,452,306.01 Senior/Principal Only October 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 2034 AAA/Aaa $25,000.00 Class A-V Variable $0.00 Senior/Interest October 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 2034 AAA/Aaa $2,000,000.00 Rate3 Only/Variable Rate Class R 6.00% $100.00 Senior/Residual/Fixed October 25, 2012 LT1M Variable(2) $ 7,590.00 April 2034 AAA/Aaa 4 Rate Class M-1 6.00% $4,897,300.00 Mezzanine/Fixed Rate October 25, 2012 LT1B Variable(2) $ 14,362.09 April 2034 AA/NA $25,000.00 Class M-2 6.00% $2,129,000.00 Mezzanine/Fixed Rate October 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 2034 A/NA $250,000.00 Class M-3 6.00% $1,596,800.00 Mezzanine/Fixed Rate October 25, 2012 LT1P Variable(2) $ 100.00 April 2034 BBB/NA $250,000.00 Class B-1 6.00% $745,200.00 Subordinate/Fixed October 25, 2012 ___________________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 1 The Certificates, other than the Class B 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
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple six classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund created hereunderFund") consisting primarily of the Mortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Initial Uncertificated Latest Possible Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1Date LTA Variable(1) LT1AA Variable(2) $ 165,478,105.44 April $379,948,000 November 25, 2012 LT1A1 Variable(22032 LTB1 Variable(1) $ 968,290.00 April $8,139,000 November 25, 2012 LT1A2 Variable(22032 LTB2 Variable(1) $ 490,450.00 April $11,531,000 November 25, 2012 LT1A3 Variable(22032 LTB3 Variable(1) $ 207,860.00 April $14,922,000 November 25, 2012 LT1M Variable(22032 LTB4 Variable(1) $ 7,590.00 April $13,565,000 November 25, 2012 LT1B Variable(22032 LTB5 Variable(1) $ 14,362.09 April $11,530,000 November 25, 2012 LT1ZZ Variable(22032 LTB6 Variable(1) $ 1,688,552.10 April $10,174,000 November 25, 2012 LT1P Variable(22032 LTB7 Variable(1) $ 100.00 April $8,139,000 November 25, 2012 2032 LTB8 Variable(1) $6,783,000 November 25, 2032 LTB9 Variable(1) $5,426,000 November 25, 2032 LTB10 Variable(1) $29,843,000 November 25, 2032 ___________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund REMIC I created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I. The Class R-1 Interest represents R-I Certificates will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions and will have an initial Certificate Principal Balance of $100 and a Pass-Through Rate as described herein. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, 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 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate I Initial Uncertificated Principal Balance Latest Possible Designation Remittance Rate Uncertificated Balance Maturity Date(1) LT1AA ----------- --------------- ---------------------- ---------------- LT1 Variable(2) $ 165,478,105.44 April 199,875,573.16 November 25, 2012 LT1A1 2026 LT2 Variable(2) $ 968,290.00 April 9,754.97 November 25, 2012 LT1A2 2026 LT3 Variable(2) $ 490,450.00 April 10,245.03 November 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2026 -----------------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Asset Bk Fl Rte Ce Se 1996 Lb3)
PRELIMINARY STATEMENT. The Depositor Company 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 Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated Mortgage Loans (as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificatesdefined herein). As provided herein, the Trustee shall REMIC Administrator will make an election to treat the entire segregated pool of assets consisting described in the definition of the Mortgage Loans REMIC, and certain other related assets subject to this Agreement (exclusive of including the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) Mortgage Loans), as a real estate mortgage investment conduit (a “"REMIC”") for federal income tax purposes, . The terms and such segregated pool of assets will be designated as “REMIC 1.” The Class R-1 Interest represents the sole class of “residual interests” in REMIC 1 for purposes provisions of the REMIC ProvisionsStandard 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 irrevocably sets forth the designation, the Uncertificated REMIC 1 type, Pass-Through Rate, the initial Uncertificated aggregate Initial Certificate Principal Balance, Maturity Date, initial ratings and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” certain features for each Class of Certificates comprising the REMIC 1 Regular Interestsinterests in the Trust Fund created hereunder. None of the REMIC 1 Regular Interests will be certificated. Designation Uncertificated REMIC 1 PassAGGREGATE INITIAL CERTIFICATE PASS-Through THROUGH PRINCIPAL MATURITY FITCH/ MINIMUM DESIGNATION RATE BALANCE FEATURES(1) DATE MOODY'S DENOMINATIONS(2) I-A 6.00% $86,099,000.00 Senior/ Fixed Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2) $ 165,478,105.44 April October 25, 2012 LT1A1 Variable(2) $ 968,290.00 April AAA/Aaa $100,000.00 2035 II-A 6.00% $43,296,000.00 Senior/ Fixed Rate October 25, 2012 LT1A2 Variable(2) $ 490,450.00 April AAA/Aaa $100,000.00 2035 III-A 6.00% $269,638,000.00 Senior/ Fixed Rate October 25, 2012 LT1A3 Variable(2) $ 207,860.00 April AAA/Aaa $100,000.00 2035 Class A-P 0.00% $8,301,530.33 Senior/Principal Only October 25, 2012 LT1M Variable(2) $ 7,590.00 April AAA/Aaa $100,000.00 2035 Class A-V Variable $0.00 Senior/Interest Only/ October 25, 2012 LT1B Variable(2AAA/Aaa $2,000,000.00 Rate(3) $ 14,362.09 April Variable Rate 2035 Class R 6.00% $100.00 Senior/Residual/Fixed October 25, 2012 LT1ZZ Variable(2AAA/Aaa (4) $ 1,688,552.10 April Rate 2035 Class M-1 6.00% $11,220,600.00 Mezzanine/Fixed Rate October 25, 2012 LT1P Variable(2) $ 100.00 April AA/NA $100,000.00 2035 Class M-2 6.00% $4,315,000.00 Mezzanine/Fixed Rate October 25, 2012 ___________________A/NA $250,000.00 2035 Class M-3 6.00% $3,236,300.00 Mezzanine/Fixed Rate October 25, BBB/NA $250,000.00 2035 Class B-1 6.00% $2,157,500.00 Subordinate/Fixed Rate October 25, BB/NA $250,000.00 2035 Class B-2 6.00% $1,726,000.00 Subordinate/Fixed Rate October 25, B/NA $250,000.00 2035 Class B-3 6.00% $1,510,279.27 Subordinate/Fixed Rate October 25, NA/NA $250,000.00 2035
Appears in 1 contract
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will shall evidence the entire beneficial ownership interest in the Trust Fund each REMIC (as defined herein) created hereunder. The Certificates will Trust Fund shall consist of eight classes a segregated pool of certificates, designated as (i) assets consisting of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Pre-Funding Accounts, the Interest Coverage Accounts, any Subsequent Mortgage Loan Interest, the Net WAC Rate Carryover Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinany Servicer Prepayment Charge Payment Amounts) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will shall be designated as “REMIC 1.I.” The Class R-1 R-I Interest represents shall represent the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will shall be certificated. Designation Uncertificated REMIC 1 Pass-Through Remittance Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA LT1 Variable(2) $ 165,478,105.44 April $1,375,819,435.50 September 25, 2012 LT1A1 2035 LT1PF Variable(2) $ 968,290.00 April $314,386,465.59 September 25, 2012 LT1A2 2035 LT2 Variable(2) $ 490,450.00 April $862,665,565.84 September 25, 2012 LT1A3 2035 LT2PF Variable(2) $ 207,860.00 April $197,137,476.74 September 25, 2012 LT1M 2035 LTP Variable(2) $ 7,590.00 April $100.00 September 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 2035 ___________________
Appears in 1 contract
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund created hereunder. The Certificates will consist of eight five classes of certificates, designated as (i) the Class A-1 CertificatesA Certificates , (ii) the Class A-2 M Certificates, (iii) the Class A-3 B Certificates, (iv) the Class M Certificates, (v) the Class B Certificates, (vi) the Class C Certificates, (vii) the Class P Certificates and (viiiv) the Class R Certificates. REMIC 1 As provided herein, the Trustee shall make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinCorridor 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 1.” The Class R-1 Interest represents the sole class of “residual interests” in REMIC 1 for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through Rate, the initial Uncertificated Principal Balance, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 Regular Interests. None of the REMIC 1 Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2) $ 165,478,105.44 April 245,757,540.00 January 25, 2012 LT1A1 2011 LT1A Variable(2) $ 968,290.00 April 2,435,000.00 January 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 2011 LT1M Variable(2) $ 7,590.00 April 33,860.00 January 25, 2012 2011 LT1B Variable(2) $ 14,362.09 April 38,870.00 January 25, 2012 2011 LT1ZZ Variable(2) $ 1,688,552.10 April 2,507,730.00 January 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 2011 ___________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Indymac Residential Mortgage-Backed Trust, Series 2005-L3)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesfifteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Supplemental Interest Trust Account and the Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The I." Component I of the Class R-1 Interest represents R Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass Through Rate, the ") and initial Uncertificated Principal Balance, and 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)(iii1.860G 1(a)(4)(iii), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2THROUGH RATE PRINCIPAL BALANCE MATURITY DATE I-1-A Variable(1) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(21,741,782.210 October 2036 I-2-A Variable(1) $ 968,290.00 April 25, 2012 LT1A2 Variable(22,490,950.815 October 2036 I-3-A Variable(1) $ 490,450.00 April 25, 2012 LT1A3 Variable(23,243,516.235 October 2036 I-4-A Variable(1) $ 207,860.00 April 25, 2012 LT1M Variable(23,989,312.935 October 2036 I-5-A Variable(1) $ 7,590.00 April 25, 2012 LT1B Variable(24,737,309.250 October 2036 I-6-A Variable(1) $ 14,362.09 April 25, 2012 LT1ZZ Variable(25,472,590.435 October 2036 I-7-A Variable(1) $ 1,688,552.10 April 25, 2012 LT1P Variable(26,186,565.375 October 2036 I-8-A Variable(1) $ 100.00 April 25, 2012 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.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2006-Ks8 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple thirty classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets (exclusive of the Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the Uncertificated "REMIC 1 I Pass-Through Rate, ") and the initial Uncertificated Principal Balance, and 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 Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interestsdate set forth below. None of the REMIC 1 I Regular Interests will be certificated. REMIC I Designation Pass-Through-Rate Uncertificated REMIC 1 Pass-Through Rate Initial Uncertificated Principal Balance I Latest Possible Maturity Date(1Principal-Balance Maturity-Date-(1) LT1AA AA Variable(2) $ 165,478,105.44 April $127,830,613.96 October 25, 2012 LT1A1 2031 A-I-1 Variable(2) $ 968,290.00 April $893,000.00 July 25, 2012 LT1A2 2024 A-I-2 Variable(2) $ 490,450.00 April $215,734.02 October 25, 2012 LT1A3 2031 M-I-1 Variable(2) $ 207,860.00 April $71,742.00 October 25, 2012 LT1M 2031 M-I-2 Variable(2) $ 7,590.00 April $39,132.00 October 25, 2012 LT1B 2031 M-I-3 Variable(2) $ 14,362.09 April $22,827.00 October 25, 2012 LT1ZZ 2031 M-I-4 Variable(2) $ 1,688,552.10 April $19,566.00 October 25, 2012 LT1P 2031 M-I-5 Variable(2) $ 100.00 April $13,044.00 October 25, 2012 ___________________2031 M-I-6 Variable(2) $16,305.00 October 25, 2031 M-I-7 Variable(2) $13,044.00 October 25, 2031 ZZ Variable(2) $1,304,394.02 October 25, 2031
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mort Prod Inc Ramp Series 2004 Sl1 Trust)
PRELIMINARY STATEMENT. The Depositor Company intends to sell mortgage-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group 1 Loans, Group 2 Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The I." Component 1 of the Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. REMIC I INTERESTS Class Designation Uncertificated for each REMIC 1 Pass-Through I Regular Interest Certificate Initial Class and the Class R-1 Type of Interest Principal Residual Interest Interest Rate Initial Uncertificated Principal Balance Latest Possible Final Maturity Date(1Date* ------------------ --------- ---------------- ---------------- -------------------- Class Y-1 Regular Variable(1) LT1AA $ 202,068.48 October 2033 Class Y-2 Regular Variable(2) $ 165,478,105.44 April 25, 2012 LT1A1 403,944,267.11 October 2033 Class Z-1 Regular Variable(1) 65,837.67 October 2033 Class Z-2 Regular Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2131,609,496.22 October 2033 Component 1 of the Variable(1) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________50.00 October 2033 Class R-I+ Residual
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mort Product Gmacm Loan Ser 2003-Ar1)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classestwenty-one Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED INITIAL UNCERTIFICATED REMIC 1 PassI REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT1 Variable(1) LT1AA Variable(2) $ 165,478,105.44 April $199,965,386.59 September 25, 2012 LT1A1 Variable(22034 LT2 Variable(1) $ 968,290.00 April $5,050.03 September 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 2034 LT3 0.00% $14,950.00 September 25, 2012 LT1A3 Variable(22034 LT4 Variable(1) $ 207,860.00 April $14,950.00 September 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2034
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2004-Ks8 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, is the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in owner of the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) that is hereby conveyed to the Class A-1 Certificates, (ii) Trustee in return for 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I ------- As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Group I-IV Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Initial Uncertificated Uncertificated REMIC 1 I Assumed Final Maturity Designation Principal Balance Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA ----------- ----------------- ----------------- ------- LTI-ISUB $ 236.44 Variable(2) $ 165,478,105.44 April August 25, 2012 LT1A1 2034 LTI-IGRP $ 3,940.64 Variable(2) $ 968,290.00 April August 25, 2012 LT1A2 2034 LTI-IISUB $ 337.90 Variable(2) $ 490,450.00 April August 25, 2012 LT1A3 2034 LTI-IIGRP $ 5,631.30 Variable(2) $ 207,860.00 April August 25, 2012 LT1M 2034 LTI-IIISUB $ 348.85 Variable(2) ▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇▇▇▇▇▇ $ 7,590.00 April 5,813.45 Variable(2) August 25, 2012 LT1B 2034 LTI-IVSUB $ 299.70 Variable(2) ▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇▇▇▇▇ $ 14,362.09 April 4,995.60 Variable(2) August 25, 2012 LT1ZZ 2034 LTI-ZZZ $ 203,788,232.84 Variable(2) $ 1,688,552.10 April August 25, 2012 LT1P 2034 Class II Excess Interest (3) Variable(2) ▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇ $ 100.00 April (4) August 25, 2012 ___________________2034
Appears in 1 contract
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will shall evidence the entire beneficial ownership interest in the Trust Fund each REMIC (as defined herein) created hereunder. The Certificates will Trust Fund shall consist of eight classes a segregated pool of certificates, designated as (i) assets consisting of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than any Master Servicer Prepayment Charge Payment Amounts, the Net WAC Rate Carryover Reserve Account, the Swap Account, the Group II Swap Agreement and the Interest Rate Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will shall be designated as “REMIC 1.I.” The Class R-1 R-I Interest represents shall be the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will shall be certificated. Designation Uncertificated REMIC 1 Pass-Through I Remittance Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA I Variable(2) $ 165,478,105.44 April 365.03 August 25, 2012 LT1A1 2035 I-1-A Variable(2) $ 968,290.00 April 3,854,208.93 August 25, 2012 LT1A2 2035 I-1-B Variable(2) $ 490,450.00 April 3,854,208.93 August 25, 2012 LT1A3 2035 I-2-B Variable(2) $ 207,860.00 April 4,960,775.24 August 25, 2012 LT1M 2035 I-3-B Variable(2) $ 7,590.00 April 6,065,114.24 August 25, 2012 LT1B 2035 I-4-B Variable(2) $ 14,362.09 April 7,159,083.19 August 25, 2012 LT1ZZ 2035 I-5-B Variable(2) $ 1,688,552.10 April 8,233,977.34 August 25, 2012 LT1P 2035 I-6-B Variable(2) $ 100.00 April 9,280,867.70 August 25, 2012 2035 I-7-B Variable(2) $ 10,290,712.69 August 25, 2035 I-8-B Variable(2) $ 11,241,054.44 August 25, 2035 I-9-B Variable(2) $ 12,110,442.20 August 25, 2035 I-10-A Variable(2) $ 12,667,671.27 August 25, 2035 I-10-B Variable(2) $ 12,667,671.27 August 25, 2035 I-11-A Variable(2) $ 13,162,944.66 August 25, 2035 I-11-B Variable(2) $ 13,162,944.66 August 25, 2035 I-12-B Variable(2) $ 12,625,646.24 August 25, 2035 I-13-A Variable(2) $ 12,110,371.73 August 25, 2035 I-13-B Variable(2) $ 12,110,371.73 August 25, 2035 I-14-A Variable(2) $ 11,616,351.21 August 25, 2035 I-14-B Variable(2) $ 11,616,351.21 August 25, 2035 I-15-B Variable(2) $ 11,142,699.58 August 25, 2035 I-16-B Variable(2) $ 10,688,572.15 August 25, 2035 I-17-B Variable(2) $ 10,253,154.31 August 25, 2035 I-18-A Variable(2) $ 9,835,671.83 August 25, 2035 I-18-B Variable(2) $ 9,835,671.83 August 25, 2035 I-19-A Variable(2) $ 9,435,377.10 August 25, 2035 I-19-B Variable(2) $ 9,435,377.10 August 25, 2035 I-20-A Variable(2) $ 9,051,559.49 August 25, 2035 I-20-B Variable(2) $ 9,051,559.49 August 25, 2035 I-21-A Variable(2) $ 9,343,040.79 August 25, 2035 I-21-B Variable(2) $ 9,343,040.79 August 25, 2035 I-23-B Variable(2) $ 23,669,138.52 August 25, 2035 I-24-B Variable(2) $ 20,349,895.87 August 25, 2035 I-25-B Variable(2) $ 17,197,778.89 August 25, 2035 I-26-A Variable(2) $ 14,784,718.45 August 25, 2035 I-26-B Variable(2) $ 14,784,718.45 August 25, 2035 I-27-A Variable(2) $ 5,238,722.53 August 25, 2035 I-27-B Variable(2) $ 5,238,722.53 August 25, 2035 I-28-A Variable(2) $ 5,004,347.87 August 25, 2035 I-28-B Variable(2) $ 5,004,347.87 August 25, 2035 I-29-A Variable(2) $ 4,781,985.40 August 25, 2035 I-29-B Variable(2) $ 4,781,985.40 August 25, 2035 I-30-A Variable(2) $ 4,569,736.06 August 25, 2035 I-30-B Variable(2) $ 4,569,736.06 August 25, 2035 I-32-B Variable(2) $ 4,174,076.41 August 25, 2035 I-33-A Variable(2) $ 3,989,696.81 August 25, 2035 I-33-B Variable(2) $ 3,989,696.81 August 25, 2035 I-34-B Variable(2) $ 3,813,668.77 August 25, 2035 I-35-A Variable(2) $ 3,645,672.63 August 25, 2035 I-35-B Variable(2) $ 3,645,672.63 August 25, 2035 I-36-A Variable(2) $ 3,484,562.93 August 25, 2035 I-36-B Variable(2) $ 3,484,562.93 August 25, 2035 I-37-B Variable(2) $ 3,331,627.77 August 25, 2035 I-38-A Variable(2) $ 3,185,633.20 August 25, 2035 I-38-B Variable(2) $ 3,185,633.20 August 25, 2035 I-39-A Variable(2) $ 3,046,256.98 August 25, 2035 I-39-B Variable(2) $ 3,046,256.98 August 25, 2035 I-40-A Variable(2) $ 2,913,193.18 August 25, 2035 I-40-B Variable(2) $ 2,913,193.18 August 25, 2035 I-41-A Variable(2) $ 2,786,145.36 August 25, 2035 I-41-B Variable(2) $ 2,786,145.36 August 25, 2035 I-42-A Variable(2) $ 2,664,837.68 August 25, 2035 I-42-B Variable(2) $ 2,664,837.68 August 25, 2035 I-43-A Variable(2) $ 2,549,002.04 August 25, 2035 I-43-B Variable(2) $ 2,549,002.04 August 25, 2035 I-44-A Variable(2) $ 2,438,384.93 August 25, 2035 I-44-B Variable(2) $ 2,438,384.93 August 25, 2035 I-45-A Variable(2) $ 2,332,745.77 August 25, 2035 I-45-B Variable(2) $ 2,332,745.77 August 25, 2035 I-46-B Variable(2) $ 2,231,855.10 August 25, 2035 I-47-A Variable(2) $ 2,135,489.53 August 25, 2035 I-47-B Variable(2) $ 2,135,489.53 August 25, 2035 I-48-A Variable(2) $ 2,043,445.38 August 25, 2035 I-48-B Variable(2) $ 2,043,445.38 August 25, 2035 I-49-A Variable(2) $ 1,955,520.72 August 25, 2035 I-49-B Variable(2) $ 1,955,520.72 August 25, 2035 I-50-A Variable(2) $ 1,871,524.80 August 25, 2035 I-50-B Variable(2) $ 1,871,524.80 August 25, 2035 I-51-A Variable(2) $ 1,791,279.73 August 25, 2035 I-51-B Variable(2) $ 1,791,279.73 August 25, 2035 I-52-A Variable(2) $ 41,996,823.23 August 25, 2035 I-52-B Variable(2) $ 41,996,823.23 August 25, 2035 II Variable(2) $ 165.97 August 25, 2035 II-1-A Variable(2) $ 1,752,388.57 August 25, 2035 II-1-B Variable(2) $ 1,752,388.57 August 25, 2035 II-2-A Variable(2) $ 2,255,509.76 August 25, 2035 II-2-B Variable(2) $ 2,255,509.76 August 25, 2035 II-3-A Variable(2) $ 2,757,618.26 August 25, 2035 II-3-B Variable(2) $ 2,757,618.26 August 25, 2035 II-4-A Variable(2) $ 3,255,011.81 August 25, 2035 II-4-B Variable(2) $ 3,255,011.81 August 25, 2035 II-5-A Variable(2) $ 3,743,732.66 August 25, 2035 II-5-B Variable(2) $ 3,743,732.66 August 25, 2035 II-6-A Variable(2) $ 4,219,721.05 August 25, 2035 II-6-B Variable(2) $ 4,219,721.05 August 25, 2035 II-7-A Variable(2) $ 4,678,866.06 August 25, 2035 II-7-B Variable(2) $ 4,678,866.06 August 25, 2035 II-8-A Variable(2) $ 5,110,956.81 August 25, 2035 II-8-B Variable(2) $ 5,110,956.81 August 25, 2035 II-9-A Variable(2) $ 5,506,240.30 August 25, 2035 II-9-B Variable(2) $ 5,506,240.30 August 25, 2035 II-10-A Variable(2) $ 5,759,594.98 August 25, 2035 II-10-B Variable(2) $ 5,759,594.98 August 25, 2035 II-11-A Variable(2) $ 5,984,780.34 August 25, 2035 II-11-B Variable(2) $ 5,984,780.34 August 25, 2035 II-12-A Variable(2) $ 5,740,487.51 August 25, 2035 II-12-B Variable(2) $ 5,740,487.51 August 25, 2035 II-13-A Variable(2) $ 5,506,208.27 August 25, 2035 II-13-B Variable(2) $ 5,506,208.27 August 25, 2035 II-14-A Variable(2) $ 5,281,592.54 August 25, 2035 II-14-B Variable(2) $ 5,281,592.54 August 25, 2035 II-15-A Variable(2) $ 5,066,237.92 August 25, 2035 II-15-B Variable(2) $ 5,066,237.92 August 25, 2035 II-16-A Variable(2) $ 4,859,760.35 August 25, 2035 II-16-B Variable(2) $ 4,859,760.35 August 25, 2035 II-17-A Variable(2) $ 4,661,789.44 August 25, 2035 II-17-B Variable(2) $ 4,661,789.44 August 25, 2035 II-18-A Variable(2) $ 4,471,973.17 August 25, 2035 II-18-B Variable(2) $ 4,471,973.17 August 25, 2035 II-19-A Variable(2) $ 4,289,971.65 August 25, 2035 II-19-B Variable(2) $ 4,289,971.65 August 25, 2035 II-20-A Variable(2) $ 4,115,461.76 August 25, 2035 II-20-B Variable(2) $ 4,115,461.76 August 25, 2035 II-21-A Variable(2) $ 4,247,989.21 August 25, 2035 II-21-B Variable(2) $ 4,247,989.21 August 25, 2035 II-22-B Variable(2) $ 4,087,781.59 August 25, 2035 II-23-A Variable(2) $ 10,761,618.98 August 25, 2035 II-23-B Variable(2) $ 10,761,618.98 August 25, 2035 II-24-A Variable(2) $ 9,252,462.88 August 25, 2035 II-24-B Variable(2) $ 9,252,462.88 August 25, 2035 II-25-A Variable(2) $ 7,819,293.61 August 25, 2035 II-25-B Variable(2) $ 7,819,293.61 August 25, 2035 II-26-A Variable(2) $ 6,722,150.30 August 25, 2035 II-26-B Variable(2) $ 6,722,150.30 August 25, 2035 II-27-A Variable(2) $ 2,381,883.72 August 25, 2035 II-27-B Variable(2) $ 2,381,883.72 August 25, 2035 II-28-A Variable(2) $ 2,275,320.88 August 25, 2035 II-28-B Variable(2) $ 2,275,320.88 August 25, 2035 II-29-A Variable(2) $ 2,174,219.60 August 25, 2035 II-29-B Variable(2) $ 2,174,219.60 August 25, 2035 II-30-A Variable(2) $ 2,077,716.44 August 25, 2035 II-30-B Variable(2) $ 2,077,716.44 August 25, 2035 II-31-A Variable(2) $ 1,985,665.29 August 25, 2035 II-31-B Variable(2) $ 1,985,665.29 August 25, 2035 II-32-A Variable(2) $ 1,897,822.34 August 25, 2035 II-32-B Variable(2) $ 1,897,822.34 August 25, 2035 II-33-A Variable(2) $ 1,813,990.69 August 25, 2035 II-33-B Variable(2) $ 1,813,990.69 August 25, 2035 II-34-A Variable(2) $ 1,733,956.23 August 25, 2035 II-34-B Variable(2) $ 1,733,956.23 August 25, 2035 II-35-A Variable(2) $ 1,657,573.62 August 25, 2035 II-35-B Variable(2) $ 1,657,573.62 August 25, 2035 II-36-A Variable(2) $ 1,584,322.07 August 25, 2035 II-36-B Variable(2) $ 1,584,322.07 August 25, 2035 II-37-B Variable(2) $ 1,514,787.23 August 25, 2035 II-38-A Variable(2) $ 1,448,408.05 August 25, 2035 II-38-B Variable(2) $ 1,448,408.05 August 25, 2035 II-39-A Variable(2) $ 1,385,038.02 August 25, 2035 II-39-B Variable(2) $ 1,385,038.02 August 25, 2035 II-40-A Variable(2) $ 1,324,538.07 August 25, 2035 II-40-B Variable(2) $ 1,324,538.07 August 25, 2035 II-41-A Variable(2) $ 1,266,773.39 August 25, 2035 II-41-B Variable(2) $ 1,266,773.39 August 25, 2035 II-42-A Variable(2) $ 1,211,618.57 August 25, 2035 II-42-B Variable(2) $ 1,211,618.57 August 25, 2035 II-43-A Variable(2) $ 1,158,951.71 August 25, 2035 II-43-B Variable(2) $ 1,158,951.71 August 25, 2035 II-44-A Variable(2) $ 1,108,657.57 August 25, 2035 II-44-B Variable(2) $ 1,108,657.57 August 25, 2035 II-45-A Variable(2) $ 1,060,626.73 August 25, 2035 II-45-B Variable(2) $ 1,060,626.73 August 25, 2035 II-46-B Variable(2) $ 1,014,754.90 August 25, 2035 II-47-A Variable(2) $ 970,940.47 August 25, 2035 II-47-B Variable(2) $ 970,940.47 August 25, 2035 II-48-A Variable(2) $ 929,090.87 August 25, 2035 II-48-B Variable(2) $ 929,090.87 August 25, 2035 II-49-A Variable(2) $ 889,114.28 August 25, 2035 II-49-B Variable(2) $ 889,114.28 August 25, 2035 II-50-A Variable(2) $ 850,923.95 August 25, 2035 II-50-B Variable(2) $ 850,923.95 August 25, 2035 II-51-A Variable(2) $ 814,439.02 August 25, 2035 II-51-B Variable(2) $ 814,439.02 August 25, 2035 II-52-A Variable(2) $ 19,094,645.52 August 25, 2035 II-52-B Variable(2) $ 19,094,645.52 August 25, 2035 ___________________
Appears in 1 contract
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, is the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in owner of the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) that is hereby conveyed to the Class A-1 Certificates, (ii) Trustee in return for 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I ------- As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets as set forth in the definition of REMIC I (and exclusive of the Cap Contract and the Net WAC Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Initial Uncertificated Uncertificated REMIC 1 I Assumed Final Maturity Designation Principal Balance Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA ----------- ----------------- ----------------- ------- LTI-1 $ 267,225,497.00 Variable(2) $ 165,478,105.44 April October 25, 2012 LT1A1 2034 LTI-IO-A $ 7,635,000.00 Variable(2) $ 968,290.00 April October 25, 2012 LT1A2 2034 LTI-IO-B $ 3,055,000.00 Variable(2) $ 490,450.00 April October 25, 2012 LT1A3 2034 LTI-IO-C $ 4,580,000.00 Variable(2) $ 207,860.00 April October 25, 2012 LT1M 2034 LTI-IO-D $ 4,580,000.00 Variable(2) $ 7,590.00 April October 25, 2012 LT1B 2034 LTI-IO-E $ 3,055,000.00 Variable(2) $ 14,362.09 April October 25, 2012 LT1ZZ 2034 LTI-IO-F $ 3,055,000.00 Variable(2) $ 1,688,552.10 April October 25, 2012 LT1P 2034 LTI-IO-G $ 4,275,000.00 Variable(2) ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇▇-▇ $ 100.00 April ▇,▇▇0,000.00 Variable(2) ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇ $ ▇▇▇.00 N/A October 25, 2012 ___________________2034
Appears in 1 contract
Sources: Pooling and Servicing Agreement (NAAC Alternative Loan Trust, Series 2004 - AP3)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple ten classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund created hereunderFund") consisting primarily of the Mortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation UNCERTIFICATED REMIC I INITIAL UNCERTIFICATED LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE ----------- ----------------- ----------------- ------------- Y-1 Variable(1) $ 243,750.05 March 25, 2034 Y-2 Variable(1) $ 324,756,310.37 March 25, 2034 Z-1 Variable(1) $ 0.14 March 25, 2034 Z-2 Variable(1) $ 160,000,034.39 March 25, 2034 R-I 0% $ 0.00 March 25, 2034 ------------ (1) Calculated in accordance with the definition of "Uncertificated REMIC 1 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 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 Initial Rate") and initial Uncertificated Principal Balance Latest Possible 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(1Date. 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) LT1AA Variable(2LT1 Variable(1) $ 165,478,105.44 April 324,697,609.16 March 25, 2012 LT1A1 Variable(22034 LT2 Variable(1) $ 968,290.00 April 6,298.79 March 25, 2012 LT1A2 Variable(22034 LT3 0.00% $ 26,201.21 March 25, 2034 LT4 Variable(1) $ 490,450.00 April 26,201.21 March 25, 2012 LT1A3 Variable(22034 LT5 Variable(1) $ 207,860.00 April 159,969,696.01 March 25, 2012 LT1M Variable(22034 LT6 Variable(1) $ 7,590.00 April 1,661.62 March 25, 2012 LT1B Variable(22034 LT7 0.00% $ 14,338.38 March 25, 2034 LT8 Variable(1) $ 14,362.09 April 14,338.38 March 25, 2012 LT1ZZ Variable(22034 LT-Y1(2) Variable(1) $ 1,688,552.10 April 243,750.05 March 25, 2012 LT1P Variable(22034 LT-Y2(2) Variable(1) $ 100.00 April 0.14 March 25, 2012 ___________________2034 R-II 0% $ 0.00 March 25, 2034 ------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mort Prod Inc Ramp Series 2004 Rz1 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund REMIC I created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit REMIC (a “REMIC”as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I." The Class R-1 Interest represents R-I Certificates will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions and will have an initial Certificate Principal Balance of $100 and a Pass-Through Rate as described herein. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, 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 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate Remic I Initial Uncertificated Principal Balance Latest Possible Designation Remittance Rate Uncertificated Balance Maturity Date(1) LT1AA ----------- --------------- ---------------------- ---------------- LT1 Variable(2) $56,098,918.96 September 25, 2026 LT2 Variable(2) $ 165,478,105.44 April 9,708.65 September 25, 2012 LT1A1 2026 LT3 Variable(2) $ 968,290.00 April 10,291.35 September 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2026 -----------------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Ast Bk Fl Rte Cer Se 1996-5a)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple fourteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets (exclusive of the Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass- Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation 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 1 II Pass-Through Rate Initial Rate") and initial Uncertificated Principal Balance Latest Possible Maturity Date(1for 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)) LT1AA Variable(2for 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) $ 165,478,105.44 April $203,000,664.00 August 25, 2012 LT1A1 Variable(22032 --------------- (1) $ 968,290.00 April Calculated as provided in the definition of Group II Net WAC Cap Rate. REMIC 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) subject to this Agreement 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 "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, 2012 LT1A2 Variable(22032 LT3-AI-1 Variable(1) $ 490,450.00 April $1,323,000.00 August 25, 2012 LT1A3 Variable(22032 LT3-AI-2 Variable(1) $ 207,860.00 April $480,000.00 August 25, 2012 LT1M Variable(22032 LT3-AI-3 Variable(1) $ 7,590.00 April $714,000.00 August 25, 2012 LT1B Variable(22032 LT3-AI-4 Variable(1) $ 14,362.09 April $726,000.00 August 25, 2012 LT1ZZ Variable(22032 LT3-AI-5 Variable(1) $ 1,688,552.10 April $465,000.00 August 25, 2012 LT1P Variable(22032 LT3-AI-6 Variable(1) $ 100.00 April $412,000.00 August 25, 2012 ___________________2032 LT3-AI-ZZ Variable(1) $4,120,030.64 August 25, 2032 LT3-IAIO(4) 2.00% $(2) August 25, 2032 LT3-AII-AA Variable(3) $198,940,650.72 August 25, 2032
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple ten classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I ------- As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Corridor Contract and the Carryover Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 R-I Interest represents will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated Uncertificated REMIC 1 I Principal Latest Possible Designation Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1Date ----------- ----------------- --------------- ------------- LT-AA (1) LT1AA Variable(2$1,019,199,235.89 January 2034 LT-A1 (1) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(28,595,600.00 January 2034 LT-M1 (1) $ 968,290.00 April 25, 2012 LT1A2 Variable(2650,000.00 January 2034 LT-M2 (1) $ 490,450.00 April 25, 2012 LT1A3 Variable(2520,000.00 January 2034 LT-M3 (1) $ 207,860.00 April 25, 2012 LT1M Variable(2156,000.00 January 2034 LT-M4 (1) $ 7,590.00 April 25, 2012 LT1B Variable(2156,000.00 January 2034 LT-M5 (1) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2130,000.00 January 2034 LT-B (1) $ 1,688,552.10 April 25, 2012 LT1P Variable(2104,000.00 January 2034 LT-ZZ (1) $ 10,488,384.41 January ▇▇▇▇ ▇▇-▇ (1) $ 100.00 April 25, 2012 January 2034 LT-R (1) $ 100.00 January 2034 ___________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Cwabs Inc Asset Backed Certificates Series 2004 Bc1)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesseventeen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Supplemental Interest Trust Account and the Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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) $392,000,126.29 December 25, 2036 A-1 Variable(1) $1,565,220 December 25, 2036 A-2 Variable(1) $561,230 December 25, 2036 A-3 Variable(1) $720,830 December 25, 2036 A-4 Variable(1) $268,720 December 25, 2036 M-1S Variable(1) $150,000 December 25, 2036 M-2S Variable(1) $132,000 December 25, 2036 M-3S Variable(1) $78,000 December 25, 2036 M-4 Variable(1) $70,000 December 25, 2036 M-5 Variable(1) $70,000 December 25, 2036 M-6 Variable(1) $62,000 December 25, 2036 M-7 Variable(1) $62,000 December 25, 2036 M-8 Variable(1) $42,000 December 25, 2036 M-9 Variable(1) $50,000 December 25, 2036 B Variable(1) $44,000 December 25, 2036 ZZ Variable(1) $4,124,002.58 December 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 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, certain features, Final Scheduled Distribution Date and initial ratings 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 the REMIC 1 Regular Interests. None of the REMIC 1 II Regular Interests will shall be certificatedthe Distribution Date immediately succeeding the 360th Distribution Date. Designation Uncertificated REMIC 1 PassAGGREGATE INITIAL PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH CERTIFICATE FINAL SCHEDULED DESIGNATION TYPE RATE PRINCIPAL BALANCE DISTRIBUTION DATE INITIAL RATINGS MOODY'S S&P Class A-1(1) LT1AA Variable(2Senior ▇▇▇▇▇table(2) $ 165,478,105.44 (3) $156,522,000 April 25, 2012 LT1A1 Variable(22030 Aaa AAA Class A-2(1) $ 968,290.00 April Senior Adjustable(2) (3) $56,123,000 June 25, 2012 LT1A2 Variable(22033 Aaa AAA Class A-3(1) $ 490,450.00 April Senior Adjustable(2) (3) $72,083,000 September 25, 2012 LT1A3 Variable(22036 Aaa AAA Class A-4(1) $ 207,860.00 April Senior Adjustable(2) (3) $26,872,000 December 25, 2012 LT1M Variable(22036 Aaa AAA Class M-1S(1) $ 7,590.00 April Mezzanine Adjustable(2) (3) $15,000,000 December 25, 2012 LT1B Variable(22036 Aa1 AA+ Class M-2S(1) $ 14,362.09 April Mezzanine Adjustable(2) (3) $13,200,000 December 25, 2012 LT1ZZ Variable(22036 Aa2 AA Class M-3S(1) $ 1,688,552.10 April Mezzanine Adjustable(2) (3) $7,800,000 December 25, 2012 LT1P Variable(22036 Aa3 AA- Class M-4(1) $ 100.00 April Mezzanine Adjustable(2) (3) $7,000,000 December 25, 2012 ___________________2036 A1 A+ Class M-5(1) Mezzanine Adjustable(2) (3) $7,000,000 December 25, 2036 A2 A Class M-6(1) Mezzanine Adjustable(2) (3) $6,200,000 December 25, 2036 A3 A- Class M-7(1) Mezzanine Adjustable(2) (3) $6,200,000 December 25, 2036 Baa1 BBB+ Class M-8(1) Mezzanine Adjustable(2) (3) $4,200,000 December 25, 2036 Baa2 BBB Class M-9(1) Mezzanine Adjustable(2) (3) $5,000,000 December 25, 2036 Baa# BBB- Class B Subordinate Adjustable(2) (3) $4,400,000 December 25, 2036 Ba1 BB+ Class SB Interest Subordinate Variable(4) $12,400,128.87 N/A N/R N/R Class R-I Residual N/A N/A N/A N/R N/R Class R-II Residual N/A N/A N/A N/R N/R
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Efc2 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 of the Trust Fund created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprised of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. REMIC I ------- As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of other than the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinFund) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I". The Class R-1 R-I Interest represents will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, 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 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 PassI INITIAL REMITTANCE UNCERTIFICATED LATEST POSSIBLE DESIGNATION RATE BALANCE MATURITY DATE (1) ----------- ----------- --------------- ------------------ I-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA LTAA Variable(2) $ 165,478,105.44 April $541,742,361.44 November 25, 2012 LT1A1 2034 I-LTA1A Variable(2) $ 968,290.00 April $2,321,170.00 November 25, 2012 LT1A2 2034 I-LTA1B Variable(2) $ 490,450.00 April $257,910.00 November 25, 2012 LT1A3 2034 I-LTA2A Variable(2) $ 207,860.00 April $500,000.00 November 25, 2012 LT1M 2034 I-LTA2B Variable(2) $ 7,590.00 April $835,595.00 November 25, 2012 LT1B 2034 I-LTA2C Variable(2) $ 14,362.09 April $297,665.00 November 25, 2012 LT1ZZ 2034 I-LTA2D Variable(2) $ 1,688,552.10 April $251,500.00 November 25, 2012 LT1P 2034 I-LTM1 Variable(2) $ 100.00 April $182,425.00 November 25, 2012 ___________________2034 I-LTM2 Variable(2) $168,605.00 November 25, 2034 I-LTM3 Variable(2) $105,030.00 November 25, 2034 I-LTM4 Variable(2) $93,975.00 November 25, 2034 I-LTM5 Variable(2) $82,920.00 November 25, 2034 I-LTM6 Variable(2) $74,630.00 November 25, 2034 I-LTM7 Variable(2) $66,335.00 November 25, 2034 I-LTM8 Variable(2) $55,280.00 November 25, 2034 I-LTM9 Variable(2) $46,990.00 November 25, 2034 I-LTM10 Variable(2) $32,500.00 November 25, 2034 I-LTM11 Variable(2) $78,065.00 November 25, 2034 I-LTB Variable(2) $49,750.00 November 25, 2034 I-LTZZ Variable(2) $5,555,621.56 November 25, 2034 I-LTP Variab▇▇(▇) $100.00 November 25, 2034 I-LT1SUB Variable(2) $12,296.56 November 25, 2034 I-LT1GRP Variable(2) $63,878.17 November 25, 2034 I-LT2SUB Variable(2) $8,986.31 November 25, 2034 I-LT2GRP Variable(2) $46,681.51 November 25, 2034 I-LTXX Variable(2) $552,666,485.46 November 25, 2034
Appears in 1 contract
Sources: Pooling and Servicing Agreement (ACE Securities Corp Series 2004-He3)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through mortgage loan backed certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple forty-five classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans, Group II Loans, Group III Loans and Group IV Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the Uncertificated "REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interestsdate set forth below. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 PassI REGULAR INTEREST REMIC I PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION RATE PRINCIPAL BALANCE MATURITY DATE I-SUB 5.00% $394.55 June 2035 I-ZZZ 5.00% $196,708,088.73 June 2035 REMIC I A-I-IO Regular Interests (1) LT1AA Variable(2(2) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2June 2035 I-PO 0.00% $549,055.00 June 2035 II-SUB 5.25% $657.40 June 2035 II-ZZZ 5.25% $328,033,347.37 June 2035 II-PO 0.00% $626,019.00 June 2035 III-SUB 6.00% $354.89 June 2035 III-ZZZ 6.00% $176,913,686.51 June 2035 REMIC I A-III-IO Regular (1) $ 968,290.00 April 25, 2012 LT1A2 Variable(2(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2June 2035 Interests III-PO 0.00% $519,504.00 June 2035 IV-SUB 6.25% $255.33 June 2035 IV-ZZZ 6.25% $127,178,020.94 June 2035 REMIC I A-IV-IO Regular Interests (1) $ 207,860.00 April 25, 2012 LT1M Variable(2(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 June 2035 IV-PO 0.00% $462,578.00 June 2035 ____________________ (1) Calculated as provided in the definition of REMIC I Pass-Through Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAAC Series 2005-Sp1 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 of the Trust Fund created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprised of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. REMIC I As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of other than the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinFund) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I". The Class R-1 R-I Interest represents will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, 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 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate I Initial Uncertificated Principal Balance Latest Possible Designation Remittance Rate Uncertificated Balance Maturity Date(1Date (1) LT1AA ----------- --------------- ---------------------- ----------------- I-LTAA Variable(2) $ 165,478,105.44 April $199,976,685.71 June 25, 2012 LT1A1 2033 I-LTA1 Variable(2) $ 968,290.00 April $1,420,445.00 June 25, 2012 LT1A2 2033 I-LTA2A Variable(2) $ 490,450.00 April $123,745.00 June 25, 2012 LT1A3 2033 I-LTA2B Variable(2) $ 207,860.00 April $175,000.00 June 25, 2012 LT1M 2033 I-LTM1 Variable(2) $ 7,590.00 April $112,230.00 June 25, 2012 2033 I-LTM2 Variable(2) $102,030.00 June 25, 2033 I-LTM3 Variable(2) $20,405.00 June 25, 2033 I-LTM4 Variable(2) $20,405.00 June 25, 2033 I-LTM5 Variable(2) $10,200.00 June 25, 2033 I-LTM6 Variable(2) $20,405.00 June 25, 2033 I-LTZZ Variable(2) $2,076,291.85 June 25, 2033 I-LTP Variable(▇) $100.00 June 25, 2033 I-LT1A Variable(2) $5,310.85 June 25, 2033 I-LT1B Variable(2) $ 14,362.09 April $33,719.75 June 25, 2012 LT1ZZ 2033 I-LT2A Variable(2) $ 1,688,552.10 April $1,116.93 June 25, 2012 LT1P 2033 I-LT2B Variable(2) $ 100.00 April $7,091.83 June 25, 2012 ___________________2033 I-LTXX Variable(2) $204,010,603.21 June 25, 2033
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Ace Securities Corp Home Equity Loan Trust Series 2003 Hs1)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple sixteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated Mortgage Loans (as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificatesdefined herein). As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Corridor Contract and the Carryover Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.I.” The Class R-1 R-I Interest represents will represent the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the “Uncertificated REMIC 1 I Pass-Through Rate, the ”) and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-I Pass- Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Date MT-AA Variable(2) $ 165,478,105.44 April 25, 2012 LT1A1 1,077,999,338.49 November 2035 MT-A-1 Variable(2) $ 968,290.00 April 25, 2012 LT1A2 4,587,060.00 November 2035 MT-A-2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 1,500,000.00 November 2035 MT-A-3 Variable(2) $ 207,860.00 April 25, 2012 LT12,908,090.00 November 2035 MT-A-3M Variable(2) $ 7,590.00 April 25, 2012 LT1B 323,120.00 November 2035 MT-A-4 Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ 301,230.00 November 2035 MT-M-1 Variable(2) $ 1,688,552.10 April 25, 2012 LT1P 473,000.00 November 2035 MT-M-2 Variable(2) $ 286,000.00 November 2035 MT-M-3 Variable(2) $ 88,000.00 November 2035 MT-M-4 Variable(2) $ 148,500.00 November 2035 MT-M-5 Variable(2) $ 110,000.00 November 2035 MT-M-6 Variable(2) $ 60,500.00 November 2035 MT-M-7 Variable(2) $ 88,000.00 November 2035 MT-B Variable(2) $ 71,500.00 November 2035 MT-ZZ Variable(2) $ 11,054,986.50 November 2035 MT-P Variable(2) $ 100.00 April 25, 2012 November 2035 MT-R N/A 100.00 November 2035 ___________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Cwabs Asset-Backed Certificates Trust 2005-Im3)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund each REMIC (as defined herein) created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprised of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. REMIC I ------- As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than the Net WAC Rate Carryover Reserve Account and the Cap Contracts) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I." The Class R-1 R-I Interest represents will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and solely for purposes of satisfying Treasury regulation Section section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 PassI INITIAL LATEST POSSIBLE DESIGNATION REMITTANCE RATE UNCERTIFICATED BALANCE MATURITY DATE(1) ----------- --------------- ---------------------- ---------------- I-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA LTAA Variable(2) $ 165,478,105.44 April 654,867,312.12 September 25, 2012 LT1A1 2034 I-LTA1 Variable(2) $ 968,290.00 April 2,848,340.00 September 25, 2012 LT1A2 2034 I-LTA2 Variable(2) $ 490,450.00 April 1,572,160.00 September 25, 2012 LT1A3 2034 I-LTA3 Variable(2) $ 207,860.00 April 638,860.00 September 25, 2012 LT1M 2034 I-LTA4 Variable(2) $ 7,590.00 April 637,310.00 September 25, 2012 LT1B 2034 I-LTM1 Variable(2) $ 14,362.09 April 307,380.00 September 25, 2012 LT1ZZ 2034 I-LTM2 Variable(2) $ 1,688,552.10 April 93,550.00 September 25, 2012 LT1P 2034 I-LTM3 Variable(2) $ 66,820.00 September 25, 2034 I-LTM4 Variable(2) $ 63,480.00 September 25, 2034 I-LTM5 Variable(2) $ 60,140.00 September 25, 2034 I-LTM6 Variable(2) $ 60,140.00 September 25, 2034 I-LTM7 Variable(2) $ 56,790.00 September 25, 2034 I-LTM8 Variable(2) $ 50,110.00 September 25, 2034 I-LTM9 Variable(2) $ 66,820.00 September 25, 2034 I-LTM10 Variable(2) $ 53,450.00 September 25, 2034 I-LTM11 Variable(2) $ 40,090.00 September 25, 2034 I-LTZZ Variable(2) $ 6,749,199.02 September 25, 2034 I-▇▇▇ Variable(2) $ 100.00 April September 25, 2012 ___________________2034
Appears in 1 contract
Sources: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2004-He1)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund each REMIC (as defined herein) created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprised of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election Trust Administrator will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit REMIC (a “REMIC”as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” I”. The Class R-1 Interest represents R Certificates will be the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through Rate, the initial Uncertificated Initial Certificate Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the Classes of Certificates that evidence “regular interests” or “residual interests” in REMIC 1 Regular Interests. None of the REMIC 1 Regular Interests will be certificated. I. Designation Uncertificated REMIC 1 Pass-Through Rate Initial Uncertificated Certificate Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2Class A (2) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2$705,725,000.00 August 2035 Class B-1 (2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2$12,433,000.00 August 2035 Class B-2 (2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2$4,388,000.00 August 2035 Class B-3 (2) $ 207,860.00 April 25, 2012 LT1M Variable(2$2,925,000.00 August 2035 Class B-4 (2) $ 7,590.00 April 25, 2012 LT1B Variable(2$2,560,000.00 August 2035 Class B-5 (2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2$1,828,000.00 August 2035 Class B-6 (2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2$1,461,110.00 August 2035 Class R (2) $ 100.00 April 25, 2012 ___________________$100.25 August 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. 2005-4)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund each REMIC (as defined herein) created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprised of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than the Net WAC Rate Carryover Reserve Account, the Servicer Prepayment Charge Payment Amount and the Cap Contracts) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I." The Class R-1 R-I Interest represents will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and solely for purposes of satisfying Treasury regulation Section section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate I Initial Uncertificated Principal Balance Latest Possible Designation Remittance Rate Uncertificated Balance ($) Maturity Date(1) LT1AA ----------- --------------- -------------------------- ---------------- I-LTAA Variable(2) $ 165,478,105.44 April 365,035,682.42 October 25, 2012 LT1A1 2034 I-LTA1 Variable(2) $ 968,290.00 April 1,247,325.00 October 25, 2012 LT1A2 2034 I-LTA2 Variable(2) $ 490,450.00 April 311,830.00 October 25, 2012 LT1A3 2034 I-LTA3 Variable(2) $ 207,860.00 April 747,095.00 October 25, 2012 LT1M 2034 I-LTA4 Variable(2) $ 7,590.00 April 597,875.00 October 25, 2012 LT1B 2034 I-LTA5 Variable(2) $ 14,362.09 April 113,005.00 October 25, 2012 LT1ZZ 2034 I-LTM1 Variable(2) $ 1,688,552.10 April 119,195.00 October 25, 2012 LT1P 2034 I-LTM2 Variable(2) $ 100.00 April 113,610.00 October 25, 2012 ___________________2034 I-LTM3 Variable(2) 68,910.00 October 25, 2034 I-LTM4 Variable(2) 65,185.00 October 25, 2034 I-LTM5 Variable(2) 59,600.00 October 25, 2034 I-LTM6 Variable(2) 52,150.00 October 25, 2034 I-LTM7 Variable(2) 37,250.00 October 25, 2034 I-LTM8 Variable(2) 37,250.00 October 25, 2034 I-LTM9 Variable(2) 37,250.00 October 25, 2034 I-LTM10 Variable(2) 29,800.00 October 25, 2034 I-LTM11 Variable(2) 39,110.00 October 25, 2034 I-LTZZ Variable(2) 3,773,267.80 October 25, ▇▇▇▇ ▇-▇▇▇ Variable(2) 100.00 October 25, 2034 I-LT1SUB Variable(2) 7,314.62 October 25, 2034 I-LT1GRP Variable(2) 38,497.73 October 25, 2034 I-LT2SUB Variable(2) 6,839.85 October 25, 2034 I-LT2GRP Variable(2) 35,999.35 October 25, 2034 I-XX Variable(2) 372,396,738.65 October 25, 2034
Appears in 1 contract
PRELIMINARY STATEMENT. The Depositor Sponsor intends to sell mortgage pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesclasses (each, a "Class"), which Certificates in the aggregate will evidence the entire beneficial ownership interest in the trust fund (the "Trust Fund Fund") to be created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. As provided herein, the Trustee shall make an election REMIC Administrator will elect to treat the segregated pool of assets consisting of the Mortgage Loans (as defined herein) and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I". The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated remittance rate (the "REMIC 1 Pass-Through I Remittance Rate"), and the initial stated principal amount (the initial "Uncertificated Principal Balance, and ") for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests"). Determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each REMIC I Regular Interest is the first Distribution Date that is at least two years after the end of the REMIC 1 Regular Interestsremaining amortization schedule of the Mortgage Loan that has, as of the Closing Date (as defined herein), the longest remaining amortization schedule, irrespective of its scheduled maturity. None of the REMIC 1 I Regular Interests will be certificated. REMIC I Initial Uncertificated Designation Uncertificated Remittance Rate Principal Balance ----------- --------------- ---------------------- A-1 Variable(1) $132,607,079 A-2 Variable(1) $ 24,276,943 A-3 Variable(1) $166,045,134 B Variable(1) $ 27,483,332 C Variable(1) $ 22,902,777 D Variable(1) $ 18,322,221 E Variable(1) $ 11,451,388 F Variable(1) $ 25,193,054 G Variable(1) $ 16,031,943 H Variable(1) $ 13,741,671 ---------- (1) Calculated in accordance with the definition of "REMIC 1 I Remittance Rate". 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, the pass-through rate (the "Pass-Through Rate"), and the initial aggregate stated principal amount (the initial "Class Principal Balance") for each of the Classes of Certificates or Components (as defined herein) thereof constituting "regular interests" in REMIC II. Determined solely for purposes of satisfying Treasury regulation section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each Class of Certificates or Component thereof constituting "regular interests" in REMIC II is the first Distribution Date that is at least two years after the end of the remaining amortization schedule of the Mortgage Loan that has, as of the Closing Date, the longest remaining amortization schedule, irrespective of its scheduled maturity. Initial Class Designation Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1----------- ----------------- ----------------- Component X-A1(1) LT1AA Variable(2) $ 165,478,105.44 April 25, 2012 LT1A1 N/A(3) Component X-A2(1) Variable(2) $ 968,290.00 April 25, 2012 LT1A2 N/A(3) Component X-A3(1) Variable(2) $ 490,450.00 April 25, 2012 LT1A3 N/A(3) Component X-B(1) Variable(2) $ 207,860.00 April 25, 2012 LT1M N/A(3) Component X-C(1) Variable(2) $ 7,590.00 April 25, 2012 LT1B N/A(3) Component X-D(1) Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ N/A(3) Component X-E(1) Variable(2) $ 1,688,552.10 April 25, 2012 LT1P N/A(3) Component X-F(1) Variable(2) $ 100.00 April 25, 2012 ___________________N/A(3) Component X-G(1) Variable(2) N/A(3) Component X-H(1) Variable(2) N/A(3) Class A-1 6.758% per annum $132,607,079 Class A-2 6.909% per annum $24,276,943 Class A-3 7.008% per annum $166,045,134 Class B 7.136% per annum $27,483,332 Class C 7.224% per annum $22,902,777 Class D 7.257% per annum $18,322,221 Class E 7.628% per annum $11,451,388 Class F 5.750% per annum $25,193,054 Class G 5.750% per annum $16,031,943 Class H 5.750% per annum $13,741,671
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Mortgage Capital Funding Inc)
PRELIMINARY STATEMENT. The Depositor Company intends to sell mortgage 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 Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated Mortgage Loans (as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificatesdefined herein). As provided herein, the Trustee shall Master Servicer will make an election to treat the entire segregated pool of assets consisting described in the definition of the Mortgage Loans Trust Fund herein, and certain other related assets subject to this Agreement (exclusive of including the Excess Reserve Fund Account and Mortgage Loans but excluding the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) Initial Monthly Payment Fund), as a real estate mortgage investment conduit (a “"REMIC”") for federal income tax purposes. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates and the Uncertificated REMIC Regular Interests (as defined herein), the rights in and to which will be initially represented by the Class A-11 Certificates, will be "regular interests" in the REMIC, and such segregated pool of assets the Class R Certificates will be designated as “REMIC 1.” The Class R-1 Interest represents the sole class of “"residual interests” in REMIC 1 " therein for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 type, Pass-Through Rate, the initial Uncertificated aggregate Initial Certificate Principal Balance, Maturity Date, initial ratings and certain features for purposes each Class of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)Certificates comprising the interests in the Trust Fund created hereunder. Designation Pass-ThrougAggregate Initial Features Maturity Standard Fitch Rate Certificate Date & Poor's IBCA Principal Balance Class A-1 6.75% $ 112,117,000 Senior August 25, 2028 AAA AAA Class A-2 6.75% $ 47,967,000 Senior August 25, 2028 AAA AAA Class A-3 6.75% $ 67,521,000 Senior August 25, 2028 AAA AAA Class A-4 6.75% $ 30,346,000 Senior August 25, 2028 AAA AAA Class A-5 6.75% $ 45,610,000 Senior August 25, 2028 AAA AAA Class A-6 6.75% $ 28,628,000 Senior August 25, 2028 AAA AAA Class A-7 Adjustable $ate 16,219,000 Floater/Senior August 25, 2028 AAA AAA Class A-8 Adjustable $ate 5,046,000 Inverse Floater/Senior August 25, 2028AAAr AAA Class A-9 6.75% $ 96,429,000 Lockout/Senior August 25, 2028 AAA AAA Class A-10 0.00% $ 62,872.89 Principal Only/Senior August 25, 2028AAAr AAA Class A-11 Variable Ra$e ▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇/▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇,▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇ ▇.▇▇% $ 100 Residual/Senior August 25, 2028 AAA AAA Class M-1 6.75% $ 13,198,800 Mezzanine August 25, 2028 N/▇ ▇▇ ▇▇▇▇▇ ▇-▇ ▇.▇▇% $ ▇,000,000 Mezzanine August 25, 2028 N/A A Class M-3 6.75% $ 4,799,500 Mezzanine August 25, 2028 N/A BBB Class B-1 6.75% $ 2,639,600 Subordinate August 25, 2028 N/A BB Class B-2 6.75% $ 1,439,500 Subordinate August 25, 2028 N/A B Class B-3 6.75% $ 1,919,815.88 Subordinate August 25, 2028 N/A N/A The Mortgage Loans have an aggregate Cut-off Date Principal Balance equal to $479,943,188.77. The Mortgage Loans are fixed-rate first lien mortgage loans having terms to maturity at origination or modification of not more than 30 years. In consideration of the mutual agreements herein contained, the “latest possible maturity date” for each of Company, the REMIC 1 Regular Interests. None of Master Servicer and the REMIC 1 Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________Trustee agree as follows:
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Accredit Loans Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated Mortgage Loans (as (idefined herein) 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, (vii) the Class P Certificates and (viii) the Class R Certificatescertain other related assets. As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Hedge Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.I.” The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the “Uncertificated REMIC 1 I Pass-Through Rate, the ”) and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE INITIAL UNCERTIFICATED REMIC I PRINCIPAL BALANCE LATEST POSSIBLE MATURITY DATE LT1 LT2 LT3 LT4 Variable(1) LT1AA Variable(2Variable(1) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(20.00% Variable(1) $ 968,290.00 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________$408,467,962.79 $10,056.61 $30,797.35 $30,797.35 June 2035 June 2035 June 2035 June 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2005-Ks5 Trust)
PRELIMINARY STATEMENT. The Depositor Company intends to sell mortgage-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesthirteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The I." Component I of the Class R-1 Interest represents R Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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)(iii1.860G 1(a)(4)(iii), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated CLASS DESIGNATION FOR EACH REMIC 1 Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1I REGULAR INTEREST AND COMPONENT I OF THE CLASS R TYPE OF CERTIFICATE PRINCIPAL FINAL MATURITY CERTIFICATES INTEREST INTEREST RATE BALANCE DATE* Class Y-1 Regular Variable(1) LT1AA $ 46,301,727.85 August 2034 Class Y-2 Regular Variable(2) $127,374,035.92 August 2034 Class Y-3 Regular Variable(3) $207,394,866.88 August 2034 Class Y-4 Regular Variable(4) $ 165,478,105.44 April 25, 2012 LT1A1 65,754,612.18 August 2034 Class Y-5 Regular Variable(5) $ 63,028,715.04 August 2034 Class Z-1 Regular Variable(1) $ 46,301,727.85 August 2034 Class Z-2 Regular Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2$127,374,035.92 August 2034 Class Z-3 Regular Variable(3) $207,394,866.88 August 2034 Class Z-4 Regular Variable(4) $ 490,450.00 April 25, 2012 LT1A3 Variable(265,754,612.18 August 2034 Class Z-5 Regular Variable(5) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(263,028,715.04 August 2034 Component I of the Class R+ Residual Variable(1) $ 100.00 April 25, 2012 ___________________August 2034
Appears in 1 contract
Sources: Pooling and Servicing Agreement (GMACM Mortgage Pass-Through Certificates Series 2004-Ar2)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple fourteen classes, which Certificates 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 created hereunder(as described herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass- Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Initial Uncertificated Latest Possible Designation Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2Date ------------- ------------------------ ---------------------- ---------------------- LT-1 Variable(1) $ 165,478,105.44 April 175,001,206.00 August 25, 2012 LT1A1 Variable(22031 LT-2 Variable(1) $ 968,290.00 April 5,000,000.00 August 25, 2012 LT1A2 Variable(22031 LT-3 Variable(1) $ 490,450.00 April 5,000,000.00 August 25, 2012 LT1A3 Variable(22031 LT-4 Variable(1) $ 207,860.00 April 5,000,000.00 August 25, 2012 LT1M Variable(22031 LT-5 Variable(1) $ 7,590.00 April 5,000,000.00 August 25, 2012 LT1B Variable(22031 LT-6 Variable(1) $ 14,362.09 April 20,000,000.00 August 25, 2012 LT1ZZ Variable(2) 2031 R-1 - $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________- -------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor Company intends to sell mortgage pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classeseight classes (each, a "Class"), which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist (as defined herein), consisting primarily of eight classes of certificatesthe Mortgage Loans, designated the Pre-Funding Accounts and the Interest Coverage Accounts (each, as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificatesdefined herein). As provided herein, the Trustee shall will make an election to treat the entire segregated pool of assets consisting described in the definition of the Mortgage Loans REMIC I (as defined herein) and certain other related assets subject to this Agreement (exclusive of including the Excess Reserve Fund Account Mortgage Loans but excluding the Pre-Funding Accounts and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinInterest Coverage Accounts) as a real estate mortgage investment conduit (a “"REMIC”") for federal income tax purposes, purposes and such segregated pool of assets will be designated as “"REMIC 1.” I." The Uncertificated REMIC I Regular Interests (as defined herein) will be "regular interests" in REMIC I and the Class R-1 Interest represents R-I Certificates will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under the federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, 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 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate I Initial Uncertificated Principal Balance Latest Possible Maturity Date(1DESIGNATION REMITTANCE RATE UNCERTIFICATED BALANCE MATURITY DATE(1) LT1AA ----------- --------------- ---------------------- ---------------- LT-AYI Variable(2) $264,600,000.00 January 25, ▇▇▇▇ ▇▇-▇▇▇ Variable(2) $ 165,478,105.44 April 29,400,000.00 January 25, 2012 LT1A1 2028 LT-AYII Variable(2) $135,000,000.00 January 25, 2028 LT-AZII Variable(2) $ 968,290.00 April 15,000,000.00 January 25, 2012 LT1A2 2028 LT-FY Variable(2) $140,400,000.00 January 25, 2028 LT-FZ Variable(2) $ 490,450.00 April 15,600,000.00 January 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2028 -----------------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Southern Pacific Secured Assets Corp)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple seventeen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Latest Possible DESIGNATION Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2Date ----------- ----------------- ------------- LT-A-1 Variable(1) $ 165,478,105.44 April 272.99 February 25, 2012 LT1A1 Variable(22033 LT-A-2 ▇▇▇▇▇ble(1) $ 968,290.00 April 22,400,000.00 February 25, 2012 LT1A2 Variable(22033 LT-A-3 ▇▇▇▇▇ble(1) $ 490,450.00 April 20,600,000.00 February 25, 2012 LT1A3 Variable(22033 LT-A-4 ▇▇▇▇▇ble(1) $ 207,860.00 April 19,100,000.00 February 25, 2012 LT1M Variable(22033 LT-A-5 ▇▇▇▇▇ble(1) $ 7,590.00 April 17,700,000.00 February 25, 2012 LT1B Variable(22033 LT-A-6 ▇▇▇▇▇ble(1) $ 14,362.09 April 16,400,000.00 February 25, 2012 LT1ZZ Variable(22033 LT-A-7 ▇▇▇▇▇ble(1) $ 1,688,552.10 April 15,100,000.00 February 25, 2012 LT1P Variable(22033 LT-A-8 ▇▇▇▇▇ble(1) $ 100.00 April 14,100,000.00 February 25, 2012 ___________________2033 LT-A-9 ▇▇▇▇▇▇le (1) $ 13,000,000.00 February 25, 2033 LT-A-10 Variable(1) $ 12,000,000.00 February 25, 2033 LT-A-11 Variable(1) $ 11,100,000.00 February 25, 2033 LT-A-12 Variable(1) $ 10,300,000.00 February 25, 2033 LT-A-13 Variable(1) $ 9,600,000.00 February 25, 2033 LT-A-14 Variable(1) $ 8,800,000.00 February 25, 2033 LT-A-15 Variable(1) $ 8,200,000.00 February 25, 2033 LT-A-16 Variable(1) $ 7,500,000.00 February 25, 2033
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesnine Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Yield Maintenance Agreement, the Supplemental Interest Trust Account, the Swap Agreement and the Mortgage Insurance Premium Taxes Reserve Fund and any payments thereunder) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of the REMIC 1 I Regular InterestsInterests shall be September 25, 2047. None of the The REMIC 1 I Regular Interests will not be certificated. Designation Uncertificated INITIAL UNCERTIFICATED UNCERTIFICATED REMIC 1 PassI REMIC I LATEST POSSIBLE MATURITY DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2THROUGH RATE PRINCIPAL BALANCE DATE AA (1) $ 165,478,105.44 April 313,804,733.27 September 25, 2012 LT1A1 Variable(22047 A-1 (1) $ 968,290.00 April 1,988,260.00 September 25, 2012 LT1A2 Variable(22047 A-2 (1) $ 490,450.00 April 350,870.00 September 25, 2012 LT1A3 Variable(22047 M-1 (1) $ 207,860.00 April 244,960.00 September 25, 2012 LT1M Variable(22047 M-2 (1) $ 7,590.00 April 209,730.00 September 25, 2012 LT1B Variable(22047 M-3 (1) $ 14,362.09 April 120,080.00 September 25, 2012 LT1ZZ Variable(22047 M-4 (1) $ 1,688,552.10 April 67,240.00 September 25, 2012 LT1P Variable(22047 ZZ (1) $ 100.00 April 3,423,038.23 September 25, 2012 ___________________2047
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAAC Series 2007-Sp3 Trust)
PRELIMINARY STATEMENT. The Depositor Company intends to sell mortgage-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The I." Component I of the Class R-1 Interest represents R Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated CLASS DESIGNATION FOR EACH REMIC 1 Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1I 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) LT1AA $ 35,926.76 December 2033 Class Y-2 Regular Variable(2) $ 165,478,105.44 April 25, 2012 LT1A1 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) $ 968,290.00 April 25, 2012 LT1A2 Variable(2$190,812,043.58 December 2033 Class Z-3 Regular Variable(3) $ 490,450.00 April 25, 2012 LT1A3 Variable(2$164,448,967.77 December 2033 Class Z-4 Regular Variable(4) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2$172,622,695.04 December 2033 Component I of the Class R+ Residual Variable(1) $ 100.00 April 25, 2012 ___________________December 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 Depositor intends to sell 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 Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “"REMIC”") for federal income tax purposes, and such segregated pool of assets . The Class R Certificates will be designated as “REMIC 1.” The Class R-1 Interest represents the sole class of “"residual interests” " in the REMIC 1 for purposes of the REMIC Provisions. The Class A Certificates will be the "regular interests" in the REMIC. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through RateRates, the initial Uncertificated Certificate Principal Balance, Balance and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 Regular InterestsCertificates. None of the REMIC 1 Regular Interests will be certificated. Designation Uncertificated REMIC 1 Initial Certificate Latest Possible Description Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2----------- ----------------- ----------------- ---------------- Class A-1 6.91% $44,788,000 2/20/2012 Class A-2 7.30% 11,336,000 2/20/2012 Class A-3 7.725% 18,876,000 3/20/2027 Class R N/A 0 N/A (1) $ 165,478,105.44 April 25Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, 2012 LT1A1 Variable(2) $ 968,290.00 April 25the 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, 2012 LT1A2 Variable(2) $ 490,450.00 April 25the Mortgage Loans had an aggregate principal balance equal to $77,526,089.80. In consideration of the mutual agreements herein contained, 2012 LT1A3 Variable(2) $ 207,860.00 April 25the Depositor, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________the Servicer and the Trustee agree as follows:
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple fifteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass- Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Initial Uncertificated Latest Possible Designation Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2Date ------------- ------------------------ ---------------------- ---------------------- LTA Variable(1) $ 165,478,105.44 April 180,001,875.09 May 25, 2012 LT1A1 Variable(22031 LTB Variable(1) $ 968,290.00 April 20,000,000.00 May 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2031
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends is the owner of the Trust Fund that is hereby conveyed to sell 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 consideration therefor Certificates in the aggregate will evidence evidencing the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R CertificatesFund. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive other than the Reserve Fund, any Prepayment Charge Waiver Amounts and, for the avoidance of doubt, the Supplemental Interest Trust, the Swap Agreement, the Swap Account and any rights or obligations in respect of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinSwap Administration Agreement) as a real estate mortgage investment conduit REMIC (a “REMIC”as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” I”. The Class R-1 Interest represents Certificates will represent the sole class of “residual interests” Residual Interests (as defined herein) in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1Date (1) LT1AA I-1-A Variable(2) $ 165,478,105.44 April 5,992,245.52 September 25, 2012 LT1A1 2036 I-1-B Variable(2) $ 968,290.00 April 5,992,245.52 September 25, 2012 LT1A2 2036 I-2-A Variable(2) $ 490,450.00 April 5,780,228.60 September 25, 2012 LT1A3 2036 I-2-B Variable(2) $ 207,860.00 April 5,780,228.60 September 25, 2012 LT1M 2036 I-3-A Variable(2) $ 7,590.00 April 5,575,705.66 September 25, 2012 LT1B 2036 I-3-B Variable(2) $ 14,362.09 April 5,575,705.66 September 25, 2012 LT1ZZ 2036 I-4-A Variable(2) $ 1,688,552.10 April 5,378,411.99 September 25, 2012 LT1P 2036 I-4-B Variable(2) $ 100.00 April 5,378,411.99 September 25, 2012 2036 I-5-A Variable(2) $ 5,188,092.25 September 25, 2036 I-5-B Variable(2) $ 5,188,092.25 September 25, 2036 I-6-A Variable(2) $ 5,004,500.10 September 25, 2036 I-6-B Variable(2) $ 5,004,500.10 September 25, 2036 I-7-A Variable(2) $ 4,827,397.90 September 25, 2036 I-7-B Variable(2) $ 4,827,397.90 September 25, 2036 I-8-A Variable(2) $ 4,656,556.40 September 25, 2036 I-8-B Variable(2) $ 4,656,556.40 September 25, 2036 I-9-A Variable(2) $ 4,491,754.45 September 25, 2036 I-9-B Variable(2) $ 4,491,754.45 September 25, 2036 I-10-A Variable(2) $ 4,332,778.70 September 25, 2036 I-10-B Variable(2) $ 4,332,778.70 September 25, 2036 I-11-A Variable(2) $ 4,179,423.34 September 25, 2036 I-11-B Variable(2) $ 4,179,423.34 September 25, 2036 I-12-A Variable(2) $ 4,031,489.81 September 25, 2036 I-12-B Variable(2) $ 4,031,489.81 September 25, 2036 I-13-A Variable(2) $ 3,888,786.58 September 25, 2036 I-13-B Variable(2) $ 3,888,786.58 September 25, 2036 I-14-A Variable(2) $ 3,751,128.88 September 25, 2036 I-14-B Variable(2) $ 3,751,128.88 September 25, 2036 I-15-A Variable(2) $ 3,618,338.45 September 25, 2036 I-15-B Variable(2) $ 3,618,338.45 September 25, 2036 I-16-A Variable(2) $ 3,490,243.34 September 25, 2036 I-16-B Variable(2) $ 3,490,243.34 September 25, 2036 I-17-A Variable(2) $ 3,366,677.66 September 25, 2036 I-17-B Variable(2) $ 3,366,677.66 September 25, 2036 I-18-A Variable(2) $ 3,247,481.38 September 25, 2036 I-18-B Variable(2) $ 3,247,481.38 September 25, 2036 I-19-A Variable(2) $ 3,132,500.13 September 25, 2036 I-19-B Variable(2) $ 3,132,500.13 September 25, 2036 I-20-A Variable(2) $ 3,021,584.98 September 25, 2036 I-20-B Variable(2) $ 3,021,584.98 September 25, 2036 I-21-A Variable(2) $ 2,914,592.26 September 25, 2036 I-21-B Variable(2) $ 2,914,592.26 September 25, 2036 I-22-A Variable(2) $ 2,811,383.37 September 25, 2036 I-22-B Variable(2) $ 2,811,383.37 September 25, 2036 I-23-A Variable(2) $ 2,711,824.63 September 25, 2036 I-23-B Variable(2) $ 2,711,824.63 September 25, 2036 I-24-A Variable(2) $ 2,615,787.04 September 25, 2036 I-24-B Variable(2) $ 2,615,787.04 September 25, 2036 I-25-A Variable(2) $ 2,523,146.19 September 25, 2036 I-25-B Variable(2) $ 2,523,146.19 September 25, 2036 I-26-A Variable(2) $ 2,433,782.04 September 25, 2036 I-26-B Variable(2) $ 2,433,782.04 September 25, 2036 I-27-A Variable(2) $ 2,347,578.80 September 25, 2036 I-27-B Variable(2) $ 2,347,578.80 September 25, 2036 I-28-A Variable(2) $ 2,264,424.78 September 25, 2036 I-28-B Variable(2) $ 2,264,424.78 September 25, 2036 I-29-A Variable(2) $ 2,184,212.20 September 25, 2036 I-29-B Variable(2) $ 2,184,212.20 September 25, 2036 I-30-A Variable(2) $ 2,106,837.13 September 25, 2036 I-30-B Variable(2) $ 2,106,837.13 September 25, 2036 I-31-A Variable(2) $ 2,032,199.28 September 25, 2036 I-31-B Variable(2) $ 2,032,199.28 September 25, 2036 I-32-A Variable(2) $ 1,960,201.91 September 25, 2036 I-32-B Variable(2) $ 1,960,201.91 September 25, 2036 I-33-A Variable(2) $ 1,890,751.71 September 25, 2036 I-33-B Variable(2) $ 1,890,751.71 September 25, 2036 I-34-A Variable(2) $ 1,823,758.63 September 25, 2036 I-34-B Variable(2) $ 1,823,758.63 September 25, 2036 I-35-A Variable(2) $ 1,759,135.84 September 25, 2036 I-35-B Variable(2) $ 1,759,135.84 September 25, 2036 I-36-A Variable(2) $ 1,696,799.57 September 25, 2036 I-36-B Variable(2) $ 1,696,799.57 September 25, 2036 I-37-A Variable(2) $ 1,636,668.97 September 25, 2036 I-37-B Variable(2) $ 1,636,668.97 September 25, 2036 I-38-A Variable(2) $ 1,578,666.11 September 25, 2036 I-38-B Variable(2) $ 1,578,666.11 September 25, 2036 I-39-A Variable(2) $ 1,522,715.75 September 25, 2036 I-39-B Variable(2) $ 1,522,715.75 September 25, 2036 I-40-A Variable(2) $ 1,468,745.35 September 25, 2036 I-40-B Variable(2) $ 1,468,745.35 September 25, 2036 I-41-A Variable(2) $ 1,416,684.91 September 25, 2036 I-41-B Variable(2) $ 1,416,684.91 September 25, 2036 I-42-A Variable(2) $ 1,366,466.92 September 25, 2036 I-42-B Variable(2) $ 1,366,466.92 September 25, 2036 I-43-A Variable(2) $ 1,318,026.24 September 25, 2036 I-43-B Variable(2) $ 1,318,026.24 September 25, 2036 I-44-A Variable(2) $ 1,271,300.04 September 25, 2036 I-44-B Variable(2) $ 1,271,300.04 September 25, 2036 I-45-A Variable(2) $ 34,503,166.19 September 25, 2036 I-45-B Variable(2) $ 34,503,166.19 September 25, 2036 ______________________________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Sl2)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, is the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in owner of the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) that is hereby conveyed to the Class A-1 Certificates, (ii) Trustee in return for 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, (vii) the Class P Certificates and (viii) the Class R Certificates. As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets as set forth in the definition of REMIC I (and exclusive of the Cap Contract and the Net WAC Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.I.” The Class R-1 Interest represents will represent the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Initial Uncertificated Principal Balance, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Initial Uncertificated Principal Balance Uncertificated REMIC 1 I Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Assumed Final Maturity Date(1) LT1AA LTI-1 $ 249,463,662.37 Variable(2) $ 165,478,105.44 April May 25, 2012 LT1A1 2035 LTI-IO-A $ 5,161,000.00 Variable(2) $ 968,290.00 April May 25, 2012 LT1A2 2035 LTI-IO-B $ 2,065,000.00 Variable(2) $ 490,450.00 April May 25, 2012 LT1A3 2035 LTI-IO-C $ 3,096,000.00 Variable(2) $ 207,860.00 April May 25, 2012 LT1M 2035 LTI-IO-D $ 3,097,000.00 Variable(2) $ 7,590.00 April May 25, 2012 LT1B 2035 LTI-IO-E $ 2,064,000.00 Variable(2) $ 14,362.09 April May 25, 2012 LT1ZZ 2035 LTI-IO-F $ 2,065,000.00 Variable(2) $ 1,688,552.10 April May 25, 2012 LT1P Variable(22035 LTI-IO-G $ 2,890,000.00 ▇▇▇▇▇▇▇▇(▇) ▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇▇-▇ $ 5,368,000.00 ▇▇▇▇▇▇▇▇(▇) ▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇ $ 100.00 April N/A May 25, 2012 2035 ___________________
Appears in 1 contract
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple eleven classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets (exclusive of the Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass- Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT1-AI-AA Variable(1) $ 165,478,105.44 294,000,192.29 April 25, 2012 LT1A1 Variable(22033 LT1-AI-1 Variable(1) $ 968,290.00 1,354,000.00 April 25, 2012 LT1A2 Variable(22033 LT1-AI-2 Variable(1) $ 490,450.00 652,000.00 April 25, 2012 LT1A3 Variable(22033 LT1-AI-3 Variable(1) $ 207,860.00 342,000.00 April 25, 2012 2033 LT1M Variable(2-AI-4 Variable(1) $ 7,590.00 352,000.00 April 25, 2012 LT1B Variable(22033 LT1-AI-5 Variable(1) $ 14,362.09 300,000.00 April 25, 2012 LT1ZZ Variable(22033 LT1-AI-ZZ Variable(1) $ 1,688,552.10 3,000,003.92 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 2033 ____________________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-Through Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple twenty-four classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets (exclusive of the Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and Balance for "regular interest" in REMIC I (the "REMIC I Regular Interest"). The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” ) for each of the REMIC 1 I Regular InterestsInterest shall be the 360th Distribution Date. None of the The REMIC 1 I Regular Interests Interest will not be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE REMIC I Regular Variable(1) LT1AA Variable(2) $ 165,478,105.44 April $300,000,888.78 October 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 2034 Interest A ____________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2004-Rs10 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund each REMIC (as defined herein) created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets consisting of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. REMIC I ------- As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than any Master Servicer Prepayment Charge Payment Amounts, the Net WAC Rate Carryover Reserve Account and the Cap Contracts) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I." The Class R-1 R-I Interest represents will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iiisection 1.860G- 1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate I Initial Uncertificated Principal Balance Latest Possible Maturity Designation Remittance-Rate Uncertificated-Balance Maturity-Date(1) LT1AA ------------------------ ------------------------------- -------------------------------- --------------------------- I-LT1 Variable(2) $160,566,810.77 June 25, 2034 I-LTIO1-1 Variable(2) $ 165,478,105.44 April 8,100,000.00 June 25, 2012 LT1A1 2034 I-LTIO1-2 Variable(2) $ 968,290.00 April 21,870,000.00 June 25, 2012 LT1A2 2034 I-LTIO1-3 Variable(2) $ 490,450.00 April 8,100,000.00 June 25, 2012 LT1A3 2034 I-LTIO1-4 Variable(2) $ 207,860.00 April 16,200,000.00 June 25, 2012 LT1M 2034 I-LTIO1-5 Variable(2) $ 7,590.00 April 5,670,000.00 June 25, 2012 LT1B 2034 I-LTIO1-6 Variable(2) $ 14,362.09 April 15,690,000.00 June 25, 2012 LT1ZZ 2034 I-LTIO1-7 Variable(2) $ 1,688,552.10 April 2,940,000.00 June 25, 2012 LT1P 2034 I-LTIO1-8 Variable(2) $ 100.00 April 8,100,000.00 June 25, 2012 ___________________2034 I-LTIO1-9 Variable(2) $ 8,100,000.00 June 25, 2034 I-LTIO1-10 Variable(2) $ 28,350,000.00 June 25, 2034 I-LT2 ▇▇▇▇▇▇▇▇(2) $ 37,429,255.82 June 25, 2034 I-LTIO2-1 Variable(2) $ 1,900,000.00 June 25, 2034 I-LTIO2-2 Variable(2) $ 5,130,000.00 June 25, 2034 I-LTIO2-3 Variable(2) $ 1,900,000.00 June 25, 2034 I-LTIO2-4 Variable(2) $ 3,800,000.00 June 25, 2034 I-LTIO2-5 Variable(2) $ 1,330,000.00 June 25, 2034 I-LTIO2-6 Variable(2) $ 3,610,000.00 June 25, 2034 I-LTIO2-7 Variable(2) $ 760,000.00 June 25, 2034 I-LTIO2-8 Variable(2) $ 1,900,000.00 June 25, 2034 I-LTIO2-9 Variable(2) $ 1,900,000.00 June 25, 2034 I-LTIO2-10 Variable(2) $ 6,650,000.00 June 25, 2034 I-LTP ▇▇▇▇▇▇▇▇(2) $ 100.00 June 25, 2034
Appears in 1 contract
PRELIMINARY STATEMENT. The Depositor intends to sell passMortgage Pass-through certificates 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 Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated (as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificatesdefined herein). As provided herein, the Trustee shall Securities Administrator will make an election to treat the entire segregated pool of assets consisting of relating to the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified Loans, as excluded described in accordance with the definition of “REMIC 1” herein) 1 below, 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 1.” " The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through Remittance Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 Regular Interests. None of the REMIC 1 Regular Interests will be certificated. Designation Initial Uncertificated REMIC 1 Pass-Through Rate Initial Uncertificated REMIC 1 Principal Balance Latest Possible Regular Interest Remittance Rate Balance Maturity Date(1) LT1AA Variable(2---------------- ---------------- --------------- ---------------- Uncertificated REMIC I Regular Interest I-A Variable Rate(2) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(236.87 January 2037 Uncertificated REMIC I Regular Interest I-B Variable Rate(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2819.17 January 2037 Uncertificated REMIC I Regular Interest II-A Variable Rate(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(21,256.01 January 2037 Uncertificated REMIC I Regular Interest II-B Variable Rate(2) $ 207,860.00 April 25, 2012 LT1M Variable(227,910.12 January 2037 Uncertificated REMIC I Regular Interest III-A Variable Rate(2) $ 7,590.00 April 25, 2012 LT1B Variable(2395.61 January 2037 Uncertificated REMIC I Regular Interest III-B Variable Rate(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(28,790.81 January 2037 Uncertificated REMIC I Regular Interest IV-A Variable Rate(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2265.03 January 2037 Uncertificated REMIC I Regular Interest IV-B Variable Rate(2) $ 100.00 April 255,889.13 January 2037 Uncertificated REMIC I Regular Interest ZZZ $434,046,767.25 January 2037 Uncertificated REMIC I Regular Interest R-II $ 50.00 January 2037 As provided herein, 2012 ___________________the Securities Administrator will elect to treat the segregated pool of assets consisting of the REMIC 1 Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as REMIC 2. The Class R-II Certificates will represent the sole class of "residual interests" in REMIC 2 for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation and Initial Class Certificate Balance for each of the "regular interests" in REMIC 2 (the "REMIC 2 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 2 Regular Interest shall be the first
Appears in 1 contract
Sources: Pooling and Servicing Agreement (HSI Asset Loan Obligation Trust 2007-Ar1)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Hedge Agreements) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED INITIAL UNCERTIFICATED REMIC 1 PassI REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE Y-1 Variable(1) LT1AA Variable(2) $ 165,478,105.44 April $137,500.01 March 25, 2012 LT1A1 Variable(22035 Y-2 Variable(1) $ 968,290.00 April $137,497.86 March 25, 2012 LT1A2 Variable(22035 Z-1 Variable(1) $ 490,450.00 April $274,862,527.34 March 25, 2012 LT1A3 Variable(22035 Z-2 Variable(1) $ 207,860.00 April $274,862,708.09 March 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RASC Series 2005-Ks2 Trust)
PRELIMINARY STATEMENT. The Depositor Company intends to sell mortgage-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesfifteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The I." Component I of the Class R-1 Interest represents R Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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)(iii1.860G 1(a)(4)(iii), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated CLASS DESIGNATION FOR EACH REMIC 1 Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1I 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) LT1AA $124,800.08 April 2036 Class Y-2 Regular Variable(2) $ 165,478,105.44 66,387.09 Class Y-3 Regular Variable(3) $ 63,133.57 April 25, 2012 LT1A1 2036 Class Z-1 Regular Variable(1) $249,490,289.33 Class Z-2 Regular Variable(2) $ 968,290.00 $132,715,730.04 April 25, 2012 LT1A2 Variable(22036 Class Z-3 Regular Variable(3) $ 490,450.00 $126,204,013.95 April 25, 2012 LT1A3 Variable(22036 Component I of the Class R+ Residual Variable(1) $ 207,860.00 0.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund (as defined herein) created hereunder. The Certificates will consist , consisting primarily of eight classes of certificatesthe Mortgage Loans and, designated if any, the Pre-Funding Account and the Capitalized Interest Account (each, as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificatesdefined herein). As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets (consisting of the Mortgage Loans but excluding the Pre-Funding Account and the Capitalized Interest Account, if any) and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit REMIC (a “REMIC”as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I." The Class R-1 Interest represents Certificates will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, 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 1 I Regular Interests. Interests (as defined herein) representing the "regular interests" in REMIC I. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated INITIAL REMIC 1 PassI UNCERTIFICATED LATEST POSSIBLE DESIGNATION REMITTANCE RATE BALANCE MATURITY DATE(1) LT-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1A Variable(2) LT1AA $316,000,000.00 March 20, 2029 LT-M-1 Variable(2) $ 165,478,105.44 April 2531,000,000.00 March 20, 2012 LT1A1 2029 LT-M-2 Variable(2) $ 968,290.00 April 2529,000,000.00 March 20, 2012 LT1A2 2029 LT-B Variable(2) $ 490,450.00 April 2524,000,000.00 March 20, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2029
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)
PRELIMINARY STATEMENT. The Depositor intends to sell passREMIC II Regular Interest LT-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 “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderdefinition of "Uncertificated Notional Amount" herein. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. <!-- MARKER PAGE="sheet: 71; page: 71" --> <HR SIZE=5 COLOR=▇▇▇▇ NOSHADE> REMIC III As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) II Regular Interests as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1III.” " The Class R-1 Interest represents R-III Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 III for purposes of the REMIC ProvisionsProvisions under federal income tax law. The Class R-III Certificates will not bear interest or have a Certificate Principal Balance. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 III Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC III Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 III Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassIII INITIAL UNCERTIFICATED DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE LT1 Variable(1) LT1AA Variable(2$238,117,211.29 LT2 Variable(1) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2$8,792.23 LT3 0.00% $15,035.29 LT4 Variable(1) $ 968,290.00 April 25, 2012 LT1A2 Variable(2$15,035.29 LT5 Variable(1) $ 490,450.00 April 25, 2012 LT1A3 Variable(2$353,790240.65 LT6 Variable(1) $ 207,860.00 April 25, 2012 LT1M Variable(2$12,954.99 LT7 0.00% $22,447.52 LT8 Variable(1) $ 7,590.00 April 25, 2012 LT1B Variable(2$22,447.52 LT-Y1 Variable(1) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2$119,134.79 LT-Y2 Variable(1) $ 1,688,552.10 April 25, 2012 LT1P Variable(2$177,012.55 LT-IO Variable(1) $ 100.00 April 25, 2012 (2) ____________________ (1) Calculated as provided in the definition of Uncertificated REMIC III Pass-Through Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RALI Series 2006-Qa7 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, is the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in owner of the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) that is hereby conveyed to the Class A-1 Certificates, (ii) Trustee in return for 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Initial Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA --------------------------------------------------------------------------------------------------- LT1A Variable(2) $ 165,478,105.44 April 217,861,578.03 September 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 2031 LT1B Variable(2) $ 14,362.09 April 1,254.06 September 25, 2012 LT1ZZ 2031 LT1C Variable(2) $ 1,688,552.10 April 924.57 September 25, 2012 2031 LT1D Variable(2) $ 24,200,000.00 September 25, 2031 LT1P Variable(2) $ 100.00 April September 25, 2012 ___________________2031 -------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprising of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. REMIC I ------- As provided herein, the Trustee shall make an election Trust Administrator will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I." The Class R-1 R-I Interest represents will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, 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 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate I Initial Uncertificated Principal Balance Latest Possible Designation Remittance Rate Uncertificated Balance Maturity Date(1) LT1AA ----------- --------------- ---------------------- ---------------- I-1 Variable(2) $235,438,000 March 25, 2031 I-CP Variable(2) $ 165,478,105.44 April [100,000] March 25, 2012 LT1A1 2031 I-AIO1 Variable(2) $ 968,290.00 April 45,000,000 March 25, 2012 LT1A2 2031 I-AIO2 Variable(2) $ 490,450.00 April 45,000,000 March 25, 2012 LT1A3 2031 I-AIO3 Variable(2) $ 207,860.00 April 35,000,000 March 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2031
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Ace Securities Corp)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will shall evidence the entire beneficial ownership interest in the Trust Fund each REMIC (as defined herein) created hereunder. The Certificates will Trust Fund shall consist of eight classes a segregated pool of certificates, designated as (i) assets consisting of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than any Master Servicer Prepayment Charge Payment Amounts, the Net WAC Rate Carryover Reserve Account, the Swap Account and the Interest Rate Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will shall be designated as “REMIC 1.I.” The Class R-1 R-I Interest represents shall be the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will shall be certificated. Designation Uncertificated REMIC 1 Pass-Through I Remittance Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA I Variable(2) $ 165,478,105.44 April 261.92 July 25, 2012 LT1A1 2035 I-1-A Variable(2) $ 968,290.00 April 5,737,904.07 July 25, 2012 LT1A2 2035 I-1-B Variable(2) $ 490,450.00 April 5,737,904.07 July 25, 2012 LT1A3 2035 I-2-B Variable(2) $ 207,860.00 April 7,478,281.39 July 25, 2012 LT1M 2035 I-3-B Variable(2) $ 7,590.00 April 9,217,851.31 July 25, 2012 LT1B 2035 I-4-B Variable(2) $ 14,362.09 April 10,943,637.98 July 25, 2012 LT1ZZ 2035 I-5-B Variable(2) $ 1,688,552.10 April 12,642,019.64 July 25, 2012 LT1P 2035 I-6-B Variable(2) $ 100.00 April 14,299,009.28 July 25, 2012 2035 I-7-A Variable(2) $ 15,900,396.66 July 25, 2035 I-7-B Variable(2) $ 15,900,396.66 July 25, 2035 I-8-B Variable(2) $ 17,431,913.01 July 25, 2035 I-9-B Variable(2) $ 18,876,257.20 July 25, 2035 I-10-A Variable(2) $ 19,856,596.43 July 25, 2035 I-10-B Variable(2) $ 19,856,596.43 July 25, 2035 I-11-A Variable(2) $ 20,722,835.33 July 25, 2035 I-11-B Variable(2) $ 20,722,835.33 July 25, 2035 I-12-A Variable(2) $ 20,041,873.71 July 25, 2035 I-12-B Variable(2) $ 20,041,873.71 July 25, 2035 I-13-A Variable(2) $ 19,223,323.47 July 25, 2035 I-13-B Variable(2) $ 19,223,323.47 July 25, 2035 I-14-B Variable(2) $ 18,438,558.32 July 25, 2035 I-15-A Variable(2) $ 17,686,173.74 July 25, 2035 I-15-B Variable(2) $ 17,686,173.74 July 25, 2035 I-16-A Variable(2) $ 16,964,821.51 July 25, 2035 I-16-B Variable(2) $ 16,964,821.51 July 25, 2035 I-17-B Variable(2) $ 16,273,211.96 July 25, 2035 I-18-A Variable(2) $ 15,610,107.45 July 25, 2035 I-18-B Variable(2) $ 15,610,107.45 July 25, 2035 I-19-A Variable(2) $ 14,974,323.42 July 25, 2035 I-19-B Variable(2) $ 14,974,323.42 July 25, 2035 I-20-A Variable(2) $ 14,364,725.18 July 25, 2035 I-20-B Variable(2) $ 14,364,725.18 July 25, 2035 I-21-A Variable(2) $ 13,785,940.38 July 25, 2035 I-21-B Variable(2) $ 13,785,940.38 July 25, 2035 I-23-B Variable(2) $ 35,226,188.47 July 25, 2035 I-24-B Variable(2) $ 32,906,772.75 July 25, 2035 I-25-B Variable(2) $ 28,331,803.97 July 25, 2035 I-26-A Variable(2) $ 24,404,729.15 July 25, 2035 I-26-B Variable(2) $ 24,404,729.15 July 25, 2035 I-27-A Variable(2) $ 9,854,624.81 July 25, 2035 I-27-B Variable(2) $ 9,854,624.81 July 25, 2035 I-28-A Variable(2) $ 7,947,222.87 July 25, 2035 I-28-B Variable(2) $ 7,947,222.87 July 25, 2035 I-29-B Variable(2) $ 7,593,766.76 July 25, 2035 I-30-A Variable(2) $ 7,256,516.10 July 25, 2035 I-30-B Variable(2) $ 7,256,516.10 July 25, 2035 I-31-B Variable(2) $ 6,934,713.34 July 25, 2035 I-32-A Variable(2) $ 6,627,638.87 July 25, 2035 I-32-B Variable(2) $ 6,627,638.87 July 25, 2035 I-33-A Variable(2) $ 6,334,597.99 July 25, 2035 I-33-B Variable(2) $ 6,334,597.99 July 25, 2035 I-34-B Variable(2) $ 6,054,937.20 July 25, 2035 I-35-B Variable(2) $ 5,788,031.18 July 25, 2035 I-36-B Variable(2) $ 5,532,107.97 July 25, 2035 I-37-B Variable(2) $ 5,289,040.31 July 25, 2035 I-38-A Variable(2) $ 5,057,038.91 July 25, 2035 I-38-B Variable(2) $ 5,057,038.91 July 25, 2035 I-39-A Variable(2) $ 4,835,566.24 July 25, 2035 I-39-B Variable(2) $ 4,835,566.24 July 25, 2035 I-40-A Variable(2) $ 4,624,131.34 July 25, 2035 I-40-B Variable(2) $ 4,624,131.34 July 25, 2035 I-41-A Variable(2) $ 4,422,268.20 July 25, 2035 I-41-B Variable(2) $ 4,422,268.20 July 25, 2035 I-42-A Variable(2) $ 4,229,530.31 July 25, 2035 I-42-B Variable(2) $ 4,229,530.31 July 25, 2035 I-43-A Variable(2) $ 4,045,499.34 July 25, 2035 I-43-B Variable(2) $ 4,045,499.34 July 25, 2035 I-44-A Variable(2) $ 3,869,766.72 July 25, 2035 I-44-B Variable(2) $ 3,869,766.72 July 25, 2035 I-45-A Variable(2) $ 3,701,949.88 July 25, 2035 I-45-B Variable(2) $ 3,701,949.88 July 25, 2035 I-47-A Variable(2) $ 3,388,615.61 July 25, 2035 I-47-B Variable(2) $ 3,388,615.61 July 25, 2035 I-48-A Variable(2) $ 3,242,415.42 July 25, 2035 I-48-B Variable(2) $ 3,242,415.42 July 25, 2035 I-49-A Variable(2) $ 3,102,765.48 July 25, 2035 I-49-B Variable(2) $ 3,102,765.48 July 25, 2035 I-50-A Variable(2) $ 2,969,364.48 July 25, 2035 I-50-B Variable(2) $ 2,969,364.48 July 25, 2035 I-51-A Variable(2) $ 2,841,924.17 July 25, 2035 I-51-B Variable(2) $ 2,841,924.17 July 25, 2035 I-52-A Variable(2) $ 66,568,758.69 July 25, 2035 I-52-B Variable(2) $ 66,568,758.69 July 25, 2035 II Variable(2) $ 40.18 July 25, 2035 II-1-A Variable(2) $ 880,153.43 July 25, 2035 II-1-B Variable(2) $ 880,153.43 July 25, 2035 II-2-B Variable(2) $ 1,147,114.86 July 25, 2035 II-3-A Variable(2) $ 1,413,952.44 July 25, 2035 II-3-B Variable(2) $ 1,413,952.44 July 25, 2035 II-4-B Variable(2) $ 1,678,675.77 July 25, 2035 II-5-A Variable(2) $ 1,939,195.36 July 25, 2035 II-5-B Variable(2) $ 1,939,195.36 July 25, 2035 II-6-A Variable(2) $ 2,193,365.72 July 25, 2035 II-6-B Variable(2) $ 2,193,365.72 July 25, 2035 II-7-A Variable(2) $ 2,439,007.09 July 25, 2035 II-7-B Variable(2) $ 2,439,007.09 July 25, 2035 II-8-A Variable(2) $ 2,673,930.74 July 25, 2035 II-8-B Variable(2) $ 2,673,930.74 July 25, 2035 II-9-A Variable(2) $ 2,895,482.80 July 25, 2035 II-9-B Variable(2) $ 2,895,482.80 July 25, 2035 II-10-A Variable(2) $ 3,045,859.82 July 25, 2035 II-10-B Variable(2) $ 3,045,859.82 July 25, 2035 II-11-A Variable(2) $ 3,178,734.67 July 25, 2035 II-11-B Variable(2) $ 3,178,734.67 July 25, 2035 II-12-A Variable(2) $ 3,074,280.04 July 25, 2035 II-12-B Variable(2) $ 3,074,280.04 July 25, 2035 II-13-A Variable(2) $ 2,948,720.28 July 25, 2035 II-13-B Variable(2) $ 2,948,720.28 July 25, 2035 II-14-A Variable(2) $ 2,828,342.93 July 25, 2035 II-14-B Variable(2) $ 2,828,342.93 July 25, 2035 II-15-A Variable(2) $ 2,712,932.51 July 25, 2035 II-15-B Variable(2) $ 2,712,932.51 July 25, 2035 II-16-A Variable(2) $ 2,602,282.24 July 25, 2035 II-16-B Variable(2) $ 2,602,282.24 July 25, 2035 II-17-A Variable(2) $ 2,496,194.29 July 25, 2035 II-17-B Variable(2) $ 2,496,194.29 July 25, 2035 II-18-A Variable(2) $ 2,394,478.80 July 25, 2035 II-18-B Variable(2) $ 2,394,478.80 July 25, 2035 II-19-A Variable(2) $ 2,296,954.08 July 25, 2035 II-19-B Variable(2) $ 2,296,954.08 July 25, 2035 II-20-A Variable(2) $ 2,203,446.07 July 25, 2035 II-20-B Variable(2) $ 2,203,446.07 July 25, 2035 II-21-A Variable(2) $ 2,114,664.62 July 25, 2035 II-21-B Variable(2) $ 2,114,664.62 July 25, 2035 II-22-A Variable(2) $ 2,034,254.90 July 25, 2035 II-22-B Variable(2) $ 2,034,254.90 July 25, 2035 II-23-A Variable(2) $ 5,403,445.28 July 25, 2035 II-23-B Variable(2) $ 5,403,445.28 July 25, 2035 II-24-A Variable(2) $ 5,047,663.50 July 25, 2035 II-24-B Variable(2) $ 5,047,663.50 July 25, 2035 II-25-A Variable(2) $ 4,345,896.03 July 25, 2035 II-25-B Variable(2) $ 4,345,896.03 July 25, 2035 II-26-A Variable(2) $ 3,743,510.85 July 25, 2035 II-26-B Variable(2) $ 3,743,510.85 July 25, 2035 II-27-A Variable(2) $ 1,511,628.94 July 25, 2035 II-27-B Variable(2) $ 1,511,628.94 July 25, 2035 II-28-A Variable(2) $ 1,219,047.13 July 25, 2035 II-28-B Variable(2) $ 1,219,047.13 July 25, 2035 II-29-A Variable(2) $ 1,164,829.49 July 25, 2035 II-29-B Variable(2) $ 1,164,829.49 July 25, 2035 II-30-A Variable(2) $ 1,113,097.65 July 25, 2035 II-30-B Variable(2) $ 1,113,097.65 July 25, 2035 II-31-B Variable(2) $ 1,063,735.41 July 25, 2035 II-32-A Variable(2) $ 1,016,632.38 July 25, 2035 II-32-B Variable(2) $ 1,016,632.38 July 25, 2035 II-33-A Variable(2) $ 971,682.01 July 25, 2035 II-33-B Variable(2) $ 971,682.01 July 25, 2035 II-34-A Variable(2) $ 928,784.05 July 25, 2035 II-34-B Variable(2) $ 928,784.05 July 25, 2035 II-35-A Variable(2) $ 887,842.57 July 25, 2035 II-35-B Variable(2) $ 887,842.57 July 25, 2035 II-36-A Variable(2) $ 848,585.78 July 25, 2035 II-36-B Variable(2) $ 848,585.78 July 25, 2035 II-37-B Variable(2) $ 811,300.94 July 25, 2035 II-38-A Variable(2) $ 775,713.59 July 25, 2035 II-38-B Variable(2) $ 775,713.59 July 25, 2035 II-39-A Variable(2) $ 741,741.26 July 25, 2035 II-39-B Variable(2) $ 741,741.26 July 25, 2035 II-40-A Variable(2) $ 709,308.66 July 25, 2035 II-40-B Variable(2) $ 709,308.66 July 25, 2035 II-41-A Variable(2) $ 678,344.30 July 25, 2035 II-41-B Variable(2) $ 678,344.30 July 25, 2035 II-42-A Variable(2) $ 648,779.69 July 25, 2035 II-42-B Variable(2) $ 648,779.69 July 25, 2035 II-43-A Variable(2) $ 620,550.66 July 25, 2035 II-43-B Variable(2) $ 620,550.66 July 25, 2035 II-44-A Variable(2) $ 593,594.53 July 25, 2035 II-44-B Variable(2) $ 593,594.53 July 25, 2035 II-45-A Variable(2) $ 567,852.62 July 25, 2035 II-45-B Variable(2) $ 567,852.62 July 25, 2035 II-46-B Variable(2) $ 543,268.92 July 25, 2035 II-47-A Variable(2) $ 519,789.39 July 25, 2035 II-47-B Variable(2) $ 519,789.39 July 25, 2035 II-48-A Variable(2) $ 497,363.33 July 25, 2035 II-48-B Variable(2) $ 497,363.33 July 25, 2035 II-49-A Variable(2) $ 475,942.02 July 25, 2035 II-49-B Variable(2) $ 475,942.02 July 25, 2035 II-50-A Variable(2) $ 455,479.27 July 25, 2035 II-50-B Variable(2) $ 455,479.27 July 25, 2035 II-51-A Variable(2) $ 435,930.83 July 25, 2035 II-51-B Variable(2) $ 435,930.83 July 25, 2035 II-52-A Variable(2) $ 10,211,171.31 July 25, 2035 II-52-B Variable(2) $ 10,211,171.31 July 25, 2035 ___________________
Appears in 1 contract
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple nineteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets (exclusive of the Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 Pass-I Pass- Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT-A-1 Variable(1) $ 165,478,105.44 April 328,352,273.87 March 25, 2012 LT1A1 Variable(22032 LT-A-2 Variable(1) $ 968,290.00 April 38,629,000.00 March 25, 2012 LT1A2 Variable(22032 LT-A-3 Variable(1) $ 490,450.00 April 19,315,000.00 March 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2032
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesfifteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Yield Maintenance Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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 Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI INITIAL UNCERTIFICATED ------------------- REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT-1 Variable(1) $ 165,478,105.44 April 499,914,926.83 March 25, 2012 LT1A1 Variable(22036 LT-2 Variable(1) $ 968,290.00 April 14,803.86 March 25, 2012 LT1A2 Variable(22036 LT-3 0.00% $ 35,196.16 ▇▇▇▇▇ ▇▇, ▇▇36 LT-4 Variable(1) $ 490,450.00 April 35,196.16 March 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 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, certain features, month of Final Scheduled Distribution Date and initial ratings 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 Maturity Date. Month of Final Aggregate Initial Scheduled Pass-Through Certificate Distribution Designation Type Rate Principal Balance Features Date S&P Moody's Class A-1 Regular(1) Adjustable(2)(3)$211,369,000.00 Senior/A▇▇▇▇▇▇▇le September 2027 AAA Aaa Rate Class A-2 Regular(1) Adjustable(2)(3)$131,402,000.00 Senior/Adjustable February 2034 AAA Aaa Rate Class A-3 Regular(1) Adjustable(2)(3)$49,479,000.00 Senior/Adjustable March 2036 AAA Aaa Rate Class M-1 Regular(1) Adjustable(2)(3)$19,000,000.00 Mezzanine/Adjustable March 2036 AA+ Aa1 Rate Class M-2 Regular(1) Adjustable(2)(3)$17,250,000.00 Mezzanine/Adjustable March 2036 AA+ Aa2 Rate Class M-3 Regular(1) Adjustable(2)(3)$9,750,000.00 Mezzanine/Adjustable March 2036 AA Aa3 Rate Class M-4 Regular(1) Adjustable(2)(3)$9,000,000.00 Mezzanine/Adjustable March 2036 AA A1 Rate Class M-5 Regular(1) Adjustable(2)(3)$8,750,000.00 Mezzanine/Adjustable March 2036 A+ A2 Rate Class M-6 Regular(1) Adjustable(2)(3)$8,250,000.00 Mezzanine/Adjustable March 2036 A A3 Rate Class M-7 Regular(1) Adjustable(2)(3)$7,750,000.00 Mezzanine/Adjustable March 2036 A- Baa1 ▇▇▇▇ Class M-8 Regular(1) Adjustable(2)(3)$6,750,000.00 Mezzanine/Adjustable March 2036 BBB+ Baa2 Rate Class M-9 Regular(1) Adjustable(2)(3)$5,000,000.00 Mezzanine/Adjustable March 2036 BBB Baa3 Rate Class SB Regular (4) $16,250,122.59 Subordinate March 2036 N/R N/R (4)
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Rz1 Trust)
PRELIMINARY STATEMENT. The Depositor Company intends to sell mortgage-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” The I." Component I of the Class R-1 Interest represents R Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated CLASS DESIGNATION FOR EACH REMIC 1 PassI REGULAR INTEREST AND COMPONENT I TYPE INITIAL CLASS OF THE CLASS OF CERTIFICATE PRINCIPAL FINAL MATURITY R CERTIFICATES INTEREST INTEREST RATE BALANCE DATE* Class I-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1Y-1 Regular Variable(1) LT1AA 30,657.30 June 2034 Class I-Y-2 Regular Variable(2) $ 165,478,105.44 April 25, 2012 LT1A1 140,983.12 June 2034 Class I-Y-3 Regular Variable(3) 22,563.40 June 2034 Class I-Y-4 Regular Variable(4) 58,124.25 June 2034 Class II-Y-1 Regular Variable(5) 7,782.16 June 2034 Class II-Y-2 Regular Variable(6) 36,167.69 June 2034 Class II-Y-3 Regular Variable(7) 5,890.43 June 2034 Class II-Y-4 Regular Variable(8) 15,320.72 June 2034 Class I-Z-1 Regular Variable(1) 61,283,947.88 June 2034 Class I-Z-2 Regular Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2$281,825,250.27 June 2034 Class I-Z-3 Regular Variable(3) $ 490,450.00 April 25, 2012 LT1A3 Variable(245,105,424.73 June 2034 Class I-Z-4 Regular Variable(4) $ 207,860.00 April 25, 2012 LT1M Variable(2$116,193,452.76 June 2034 Class II-Z-1 Regular Variable(5) $ 7,590.00 April 25, 2012 LT1B Variable(215,556,529.63 June 2034 Class II-Z-2 Regular Variable(6) $ 14,362.09 April 25, 2012 LT1ZZ Variable(272,299,219.40 June 2034 Class II-Z-3 Regular Variable(7) $ 1,688,552.10 April 25, 2012 LT1P Variable(211,774,613.77 June 2034 Class II-Z-4 Regular Variable(8) $ 30,625,179.55 June 2034 Component I of the Class R+ Residual Variable(1) 100.00 April 25, 2012 ___________________June 2034
Appears in 1 contract
Sources: Pooling and Servicing Agreement (GMAC Mortgage Pass-Through Certificates, Series 2004-Ar1)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple eight classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund created hereunderFund") consisting primarily of the Mortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Initial Uncertificated Latest Possible Pass-Through Rate Initial Principal Balance Maturity Date LTA Variable(1) $407,000,869 June 25, 2033 LTB1 Variable(1) $11,000,000 July 25, 2003 LTB2 Variable(1) $11,000,000 August 25, 2003 LTB3 Variable(1) $10,000,000 September 25, 2003 LTB4 Variable(1) $9,000,000 October 25, 2003 LTB5 Variable(1) $8,000,000 November 25, 2003 LTB6 Variable(1) $9,000,000 December 25, 2003 LTB7 Variable(1) $7,000,000 January 25, 2004 LTB8 Variable(1) $8,000,000 February 25, 2004 LTB9 Variable(1) $7,000,000 March 25, 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 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(1Date LT1 Variable(1) LT1AA $599,896,569.55 June 25, 2033 LT2 Variable(1) $15,700.73 June 25, 2033 LT3 Variable(1) $44,299.36 June 25, 2033 LT4 Variable(1) $44,299.36 June 25, 2033 LTA-IO1 Variable(2) $ 165,478,105.44 N/A(3) July 25, 2003 LTA-IO2 Variable(2) N/A(3) August 25, 2003 LTA-IO3 Variable(2) N/A(3) September 25, 2003 LTA-IO4 Variable(2) N/A(3) October 25, 2003 LTA-IO5 Variable(2) N/A(3) November 25, 2003 LTA-IO6 Variable(2) N/A(3) December 25, 2003 LTA-IO7 Variable(2) N/A(3) January 25, 2004 LTA-IO8 Variable(2) N/A(3) February 25, 2004 LTA-IO9 Variable(2) N/A(3) March 25, 2004 LTA-IO10 Variable(2) N/A(3) April 25, 2012 LT1A1 2004 LTA-IO11 Variable(2) $ 968,290.00 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, 2012 LT1A2 2005 LTA-IO23 Variable(2) $ 490,450.00 April N/A(3) May 25, 2012 LT1A3 2005 LTA-IO24 Variable(2) $ 207,860.00 April N/A(3) June 25, 2012 LT1M 2005 LTA-IO25 Variable(2) $ 7,590.00 April N/A(3) July 25, 2012 LT1B 2005 LTA-IO26 Variable(2) $ 14,362.09 April N/A(3) August 25, 2012 LT1ZZ 2005 LTA-IO27 Variable(2) $ 1,688,552.10 April N/A(3) September 25, 2012 LT1P 2005 LTA-IO28 Variable(2) $ 100.00 April N/A(3) October 25, 2012 ___________________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 Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classesthirteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Supplemental Interest Trust Account and the Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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 Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” ) for each of the REMIC 1 I Regular InterestsInterests shall be the Distribution Date immediately succeeding the 360th Distribution Date. None of the The REMIC 1 I Regular Interests will not be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI ----------------------------------- INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE AA Variable(1) LT1AA Variable(2) $ 165,478,105.44 April $392,183,773.39 May 25, 2012 LT1A1 Variable(22037 A-1 Variable(1) $ 968,290.00 April $1,684,290 May 25, 2012 LT1A2 Variable(22037 A-2 Variable(1) $ 490,450.00 April $1,101,220 May 25, 2012 LT1A3 Variable(22037 A-3 Variable(1) $ 207,860.00 April $496,020 May 25, 2012 LT1M Variable(22037 M-1 Variable(1) $ 7,590.00 April $114,060 May 25, 2012 LT1B Variable(22037 M-2 Variable(1) $ 14,362.09 April $132,060 May 25, 2012 LT1ZZ Variable(22037 M-3 Variable(1) $ 1,688,552.10 April $60,030 May 25, 2012 LT1P Variable(22037 M-4 Variable(1) $ 100.00 April $44,020 May 25, 2012 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, certain features, Final Scheduled Distribution Date and initial ratings 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 Distribution Date immediately succeeding the 360th Distribution Date. AGGREGATE INITIAL CERTIFICATE PRINCIPAL FINAL SCHEDULED DESIGNATION TYPE PASS-THROUGH RATE BALANCE DISTRIBUTION DATE INITIAL RATINGS MOODY'S S&P Class A-1(1) Senior Adjustable(2) (3) $168,429,000 July 25, 2029 Aaa AAA Class A-2(1) Senior Adjustable(2) (3) $110,122,000 August 25, 2035 Aaa AAA Class A-3(1) Senior Adjustable(2) (3) $49,602,000 May 25, 2037 Aaa AAA Class M-1(1) Mezzanine Adjustable(2) (3) $11,406,000 May 25, 2037 Aa1 AA+ Class M-2(1) Mezzanine Adjustable(2) (3) $13,206,000 May 25, 2037 Aa2 AA Class M-3(1) Mezzanine Adjustable(2) (3) $6,003,000 May 25, 2037 Aa3 AA- Class M-4(1) Mezzanine Adjustable(2) (3) $4,402,000 May 25, 2037 A1 A+ Class M-5(1) Mezzanine Adjustable(2) (3) $5,602,000 May 25, 2037 A2 A Class M-6(1) Mezzanine Adjustable(2) (3) $4,002,000 May 25, 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 Residual N/A N/A N/A N/R N/R Class R-II Residual N/A N/A N/A N/R N/R
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2007-Rs2 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund each REMIC (as defined herein) created hereunder. The Certificates Trust Fund will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. As provided herein, the Trustee shall make an election to treat the a segregated pool of assets consisting comprised of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive Agreement. As provided herein, the Trust Administrator will elect to treat the segregated pool of assets consisting of the Excess Reserve Fund Account Group I Mortgage Loans and the certain other related assets identified as excluded in accordance with the definition of “REMIC 1” herein) subject to this Agreement as a real estate mortgage investment conduit REMIC (a “REMIC”as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” I”. The Class R-1 Interest represents I-R Certificates will be the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through Rate, the initial Uncertificated Initial Certificate Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the Classes of Certificates that evidence “regular interests” or “residual interests” in REMIC 1 Regular Interests. None of the REMIC 1 Regular Interests will be certificated. I. Designation Uncertificated REMIC 1 Pass-Through Rate Initial Uncertificated Certificate Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2Class I-A1 (2) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2$75,989,000 June 2035 Class I-A2 (2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2$9,210,000 June 2035 Class I-B1 (2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2$2,994,000 June 2035 Class I-B2 (2) $ 207,860.00 April 25, 2012 LT1M Variable(2$1,382,000 June 2035 Class I-B3 (2) $ 7,590.00 April 25, 2012 LT1B Variable(2$875,000 June 2035 Class I-B4 (2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2$507,000 June 2035 Class I-B5 (2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2$322,000 June 2035 Class I-B6 (2) $ $829,886.76 June 2035 Class I-R (2) $100.00 April 25, 2012 ___________________June 2035
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple eleven classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the Uncertificated "REMIC 1 Pass-Through I Remittance Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular Interests360th Distribution Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate I Initial Uncertificated Principal Balance Latest Possible Designation Remittance Rate Balance Maturity Date(1) LT1AA Variable(2Date ------------- ------------------------ ---------------------- ---------------------- LT1 Variable(1) $ 165,478,105.44 April 171,500,107.40 December 25, 2012 LT1A1 Variable(22030 LT2 Variable(1) $ 968,290.00 April 232,930.00 December 25, 2012 LT1A2 Variable(22030 LT3 Variable(1) $ 490,450.00 April 274,380.00 December 25, 2012 LT1A3 Variable(22030 LT4 Variable(1) $ 207,860.00 April 248,060.00 December 25, 2012 LT1M Variable(22030 LT5 Variable(1) $ 7,590.00 April 431,250.00 December 25, 2012 LT1B Variable(22030 LT6 Variable(1) $ 14,362.09 April 344,630.00 December 25, 2012 LT1ZZ Variable(22030 LT7 Variable(1) $ 1,688,552.10 April 105,000.00 December 25, 2012 LT1P Variable(22030 LT8 Variable(1) $ 100.00 April 56,880.00 December 25, 2012 ___________________2030 LT9 Variable(1) $ 48,120.00 December 25, 2030 LT10 Variable(1) $ 1,758,752.20 December 25, 2030
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Yield Maintenance Agreement and any payments thereunder) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of the REMIC 1 I Regular InterestsInterests shall be the 360th Distribution Date. None of the The REMIC 1 I Regular Interests will not be certificated. Designation Uncertificated UNCERTIFICATED REMIC 1 PassI --------------------- INITIAL UNCERTIFICATED REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE AA Variable(1) LT1AA Variable(2) $ 165,478,105.44 April $744,801,293.43 February 25, 2012 LT1A1 Variable(22036 A-1 Variable(1) $ 968,290.00 April $2,890,880.00 February 25, 2012 LT1A2 Variable(22036 A-2 Variable(1) $ 490,450.00 April $2,792,610.00 February 25, 2012 LT1A3 Variable(22036 A-3 Variable(1) $ 207,860.00 April $438,310.00 February 25, 2012 LT1M Variable(22036 M-1 Variable(1) $ 7,590.00 April $262,200.00 February 25, 2012 LT1B Variable(22036 M-2 Variable(1) $ 14,362.09 April $231,800.00 February 25, 2012 LT1ZZ Variable(22036 M-3 Variable(1) $ 1,688,552.10 April $148,200.00 February 25, 2012 LT1P Variable(22036 M-4 Variable(1) $ 100.00 April $125,400.00 February 25, 2012 ___________________2036 M-5 Variable(1) $129,200.00 February 25, 2036 M-6 Variable(1) $110,200.00 February 25, 2036 M-7 Variable(1) $95,000.00 February 25, 2036 M-8 Variable(1) $76,000.00 February 25, 2036 M-9 Variable(1) $76,000.00 February 25, 2036 B-1 Variable(1) $76,000.00 February 25, 2036 ZZ Variable(1) $7,748,226.40 February 25, 2036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Nc2 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classestwenty Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Group I Loans and certain other related assets (exclusive of the Mortgage Insurance Premium Taxes Reserve Fund) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated UNCERTIFICATED INITIAL UNCERTIFICATED REMIC 1 PassI REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE LT1 Variable(1) LT1AA Variable(2$289,948,816.86 March 25, 2034 LT2 Variable(1) $ 165,478,105.44 April 6,525.45 March 25, 2012 LT1A1 Variable(22034 LT3 0.00% $ 22,474.58 March 25, 2034 LT4 Variable(1) $ 968,290.00 April 22,474.58 March 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 2034 ____________________ (1) Calculated as provided in the definition of Uncertificated REMIC I Pass-Through Rate.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Securities Corp)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 of the Trust Fund created hereunder. The Certificates Trust Fund will consist of eight classes a segregated pool of certificates, designated as (i) assets comprised of 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, (vii) the Class P Certificates Mortgage Loans and (viii) the Class R Certificatescertain other related assets subject to this Agreement. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of other than the Prepayment Premiums and the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinAccount) as a real estate mortgage investment conduit (a “REMIC”) REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” I”. The Class R-1 Interest represents Certificates will be the sole class of “residual interests” in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 PassI-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA LTAA Variable(2) $ 165,478,105.44 April 25725,810,355.71 ▇▇▇▇▇ ▇▇, 2012 LT1A1 ▇▇▇▇ ▇-▇▇▇▇ Variable(2) $ 968,290.00 April 253,006,870.00 ▇▇▇▇▇ ▇▇, 2012 LT1A2 ▇▇▇▇ ▇-▇▇▇▇▇ Variable(2) $ 490,450.00 April 251,464,330.00 ▇▇▇▇▇ ▇▇, 2012 LT1A3 ▇▇▇▇ ▇-▇▇▇▇▇ Variable(2) $ 207,860.00 April 25920,530.00 ▇▇▇▇▇ ▇▇, 2012 LT1M ▇▇▇▇ ▇-▇▇▇▇ Variable(2) $ 7,590.00 April 696,180.00 March 25, 2012 LT1B 2025 I-LTM2 Variable(2) $ 14,362.09 April 403,640.00 March 25, 2012 LT1ZZ 2025 I-LTM3 Variable(2) $ 1,688,552.10 April 162,940.00 March 25, 2012 LT1P 2025 I-LTM4 Variable(2) $ 100.00 April 148,130.00 March 25, 2012 2025 I-LTB1 Variable(2) $ 155,530.00 March 25, 2025 I-LTB2 Variable(2) $ 111,090.00 March 25, 2025 I-LTB3 Variable(2) $ 144,420.00 March 25, 2025 I-LTZZ Variable(2) $ 118,500.00 March 25, 2025 ___________________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (FFMLT Trust 2005-Ffa)
PRELIMINARY STATEMENT. The Depositor Company intends to sell mortgage pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classeseight classes (each, a "Class"), which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist (as defined herein), consisting primarily of eight classes of certificates, designated the Mortgage Loans (as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificatesdefined herein). As provided herein, the Trustee shall will make an election to treat the entire segregated pool of assets consisting described in the definition of the Mortgage Loans REMIC I (as defined herein) and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit (a “"REMIC”") for federal income tax purposes, purposes and such segregated pool of assets will be designated as “"REMIC 1.” I." The Uncertificated REMIC I Regular Interests (as defined herein) will be "regular interests" in REMIC I and the Class R-1 Interest represents R-I Certificates will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under the federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, 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 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate Remic I Initial Uncertificated Principal Balance Latest Possible Designation Remittance Rate Uncertificated Balance Maturity Date(1) LT1AA ----------- --------------- ---------------------- ---------------- LT-AY Variable(2) $ 165,478,105.44 300,000,000.00 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇-▇▇ Variable(2) $ 142,000,000.00 April 25, 2012 LT1A1 2028 LT-FY Variable(2) $ 968,290.00 101,700,000.00 April 25, 2012 LT1A2 2028 LT-FZ Variable(2) $ 490,450.00 11,300,000.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2028 --------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Southern Pacific Secured Assets Corp)
PRELIMINARY STATEMENT. The Depositor intends is the owner of the Trust Fund that is hereby conveyed to sell 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 consideration therefor Certificates in the aggregate will evidence evidencing the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R CertificatesFund. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive other than the Reserve Fund, any Prepayment Charge Waiver Amounts and, for the avoidance of doubt, the Supplemental Interest Trust, the Swap Agreement, the Swap Account and any rights or obligations in respect of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” hereinSwap Administration Agreement) as a real estate mortgage investment conduit REMIC (a “REMIC”as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” I”. The Class R-1 Interest represents Certificates will represent the sole class of “residual interests” Residual Interests (as defined herein) in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Uncertificated Principal BalanceBalance and, and for purposes of satisfying Treasury regulation Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1Date (1) LT1AA I-1-A Variable(2) $ 165,478,105.44 April 5,430,218.72 October 25, 2012 LT1A1 2036 I-1-B Variable(2) $ 968,290.00 April 5,430,218.72 October 25, 2012 LT1A2 2036 I-2-A Variable(2) $ 490,450.00 April 5,238,102.66 October 25, 2012 LT1A3 2036 I-2-B Variable(2) $ 207,860.00 April 5,238,102.66 October 25, 2012 LT1M 2036 I-3-A Variable(2) $ 7,590.00 April 5,052,776.68 October 25, 2012 LT1B 2036 I-3-B Variable(2) $ 14,362.09 April 5,052,776.68 October 25, 2012 LT1ZZ 2036 I-4-A Variable(2) $ 1,688,552.10 April 4,874,000.96 October 25, 2012 LT1P 2036 I-4-B Variable(2) $ 100.00 April 4,874,000.96 October 25, 2012 2036 I-5-A Variable(2) $ 4,701,544.15 October 25, 2036 I-5-B Variable(2) $ 4,701,544.15 October 25, 2036 I-6-A Variable(2) $ 4,535,183.06 October 25, 2036 I-6-B Variable(2) $ 4,535,183.06 October 25, 2036 I-7-A Variable(2) $ 4,374,702.38 October 25, 2036 I-7-B Variable(2) $ 4,374,702.38 October 25, 2036 I-8-A Variable(2) $ 4,219,894.42 October 25, 2036 I-8-B Variable(2) $ 4,219,894.42 October 25, 2036 I-9-A Variable(2) $ 4,070,558.80 October 25, 2036 I-9-B Variable(2) $ 4,070,558.80 October 25, 2036 I-10-A Variable(2) $ 3,926,502.21 October 25, 2036 I-10-B Variable(2) $ 3,926,502.21 October 25, 2036 I-11-A Variable(2) $ 3,787,538.19 October 25, 2036 I-11-B Variable(2) $ 3,787,538.19 October 25, 2036 I-12-A Variable(2) $ 3,653,486.84 October 25, 2036 I-12-B Variable(2) $ 3,653,486.84 October 25, 2036 I-13-A Variable(2) $ 3,524,174.63 October 25, 2036 I-13-B Variable(2) $ 3,524,174.63 October 25, 2036 I-14-A Variable(2) $ 3,399,434.15 October 25, 2036 I-14-B Variable(2) $ 3,399,434.15 October 25, 2036 I-15-A Variable(2) $ 3,279,103.88 October 25, 2036 I-15-B Variable(2) $ 3,279,103.88 October 25, 2036 I-16-A Variable(2) $ 3,163,028.03 October 25, 2036 I-16-B Variable(2) $ 3,163,028.03 October 25, 2036 I-17-A Variable(2) $ 3,051,056.30 October 25, 2036 I-17-B Variable(2) $ 3,051,056.30 October 25, 2036 I-18-A Variable(2) $ 2,943,043.70 October 25, 2036 I-18-B Variable(2) $ 2,943,043.70 October 25, 2036 I-19-A Variable(2) $ 2,838,850.36 October 25, 2036 I-19-B Variable(2) $ 2,838,850.36 October 25, 2036 I-20-A Variable(2) $ 2,738,341.34 October 25, 2036 I-20-B Variable(2) $ 2,738,341.34 October 25, 2036 I-21-A Variable(2) $ 2,641,386.48 October 25, 2036 I-21-B Variable(2) $ 2,641,386.48 October 25, 2036 I-22-A Variable(2) $ 2,547,860.19 October 25, 2036 I-22-B Variable(2) $ 2,547,860.19 October 25, 2036 I-23-A Variable(2) $ 2,457,641.34 October 25, 2036 I-23-B Variable(2) $ 2,457,641.34 October 25, 2036 I-24-A Variable(2) $ 2,370,613.07 October 25, 2036 I-24-B Variable(2) $ 2,370,613.07 October 25, 2036 I-25-A Variable(2) $ 2,286,662.64 October 25, 2036 I-25-B Variable(2) $ 2,286,662.64 October 25, 2036 I-26-A Variable(2) $ 2,205,681.30 October 25, 2036 I-26-B Variable(2) $ 2,205,681.30 October 25, 2036 I-27-A Variable(2) $ 2,127,564.14 October 25, 2036 I-27-B Variable(2) $ 2,127,564.14 October 25, 2036 I-28-A Variable(2) $ 2,052,209.94 October 25, 2036 I-28-B Variable(2) $ 2,052,209.94 October 25, 2036 I-29-A Variable(2) $ 1,979,521.08 October 25, 2036 I-29-B Variable(2) $ 1,979,521.08 October 25, 2036 I-30-A Variable(2) $ 1,909,403.35 October 25, 2036 I-30-B Variable(2) $ 1,909,403.35 October 25, 2036 I-31-A Variable(2) $ 1,841,765.92 October 25, 2036 I-31-B Variable(2) $ 1,841,765.92 October 25, 2036 I-32-A Variable(2) $ 1,776,521.11 October 25, 2036 I-32-B Variable(2) $ 1,776,521.11 October 25, 2036 I-33-A Variable(2) $ 1,713,584.38 October 25, 2036 I-33-B Variable(2) $ 1,713,584.38 October 25, 2036 I-34-A Variable(2) $ 1,652,874.15 October 25, 2036 I-34-B Variable(2) $ 1,652,874.15 October 25, 2036 I-35-A Variable(2) $ 1,594,311.74 October 25, 2036 I-35-B Variable(2) $ 1,594,311.74 October 25, 2036 I-36-A Variable(2) $ 1,537,821.23 October 25, 2036 I-36-B Variable(2) $ 1,537,821.23 October 25, 2036 I-37-A Variable(2) $ 1,483,329.40 October 25, 2036 I-37-B Variable(2) $ 1,483,329.40 October 25, 2036 I-38-A Variable(2) $ 1,430,765.60 October 25, 2036 I-38-B Variable(2) $ 1,430,765.60 October 25, 2036 I-39-A Variable(2) $ 1,380,061.69 October 25, 2036 I-39-B Variable(2) $ 1,380,061.69 October 25, 2036 I-40-A Variable(2) $ 1,331,151.92 October 25, 2036 I-40-B Variable(2) $ 1,331,151.92 October 25, 2036 I-41-A Variable(2) $ 1,283,972.87 October 25, 2036 I-41-B Variable(2) $ 1,283,972.87 October 25, 2036 I-42-A Variable(2) $ 1,238,463.38 October 25, 2036 I-42-B Variable(2) $ 1,238,463.38 October 25, 2036 I-43-A Variable(2) $ 1,194,564.41 October 25, 2036 I-43-B Variable(2) $ 1,194,564.41 October 25, 2036 I-44-A Variable(2) $ 1,152,219.05 October 25, 2036 I-44-B Variable(2) $ 1,152,219.05 October 25, 2036 I-45-A Variable(2) $ 31,274,087.39 October 25, 2036 I-45-B Variable(2) $ 31,274,087.39 October 25, 2036 ______________________________________
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Sl3)
PRELIMINARY STATEMENT. The Depositor intends to sell pass-through certificates (collectively, is the “Certificates”), to be issued hereunder in multiple classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in owner of the Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) that is hereby conveyed to the Class A-1 Certificates, (ii) Trustee in return for 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 I Pass-Through Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “"latest possible maturity date” " for each of the REMIC 1 I Regular Interests. None of the REMIC 1 I Regular Interests will be certificated. Designation Initial Uncertificated Uncertificated REMIC 1 I Assumed Final Maturity Designation Principal Balance Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA ------------------------- -------------------------- -------------------------- -------------------------- LTI-1GRP $17,051.51 Variable(2) $ 165,478,105.44 April May 25, 2012 LT1A1 2033 LTI-1SUB $2,813.51 Variable(2) $ 968,290.00 April ▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇-▇▇▇▇ $▇,▇02.92 Variable(2) May 25, 2012 LT1A2 2033 LTI-2SUB $990.52 Variable(2) $ 490,450.00 April May 25, 2012 LT1A3 2033 LTI-ZZZ $230,517,432.95 Variable(2) $ 207,860.00 April May 25, 2012 LT1M Variable(22033 LTI-AIO1 $100.00 (3) $ 7,590.00 April May 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2033
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Nomura Asset Acceptance Corp)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple fourteen classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in a trust fund (the "Trust Fund created hereunderFund") consisting primarily of the Mortgage Loans (as defined herein). The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of REMIC I Regular Interest shall be the REMIC 1 Regular InterestsMaturity Date. None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 I Initial Uncertificated Latest Possible Pass-Through Rate Initial Principal Balance Maturity Date LTA Variable(1) $246,001,245 June 25, 2032 LTB1 Variable(1) $6,000,000 June 25, 2032 LTB2 Variable(1) $7,000.000 June 25, 2032 LTB3 Variable(1) $8,000.000 June 25, 2032 LTB4 Variable(1) $8,000,000 June 25, 2032 LTB5 Variable(1) $8,000,000 June 25, 2032 LTB6 Variable(1) $7,000,000 June 25, 2032 LTB7 Variable(1) $16,000,000 June 25, 2032 LTB8 Variable(1) $13,000,000 June 25, 2032 LTB9 Variable(1) $10,000,000 June 25, 2032 LTB10 Variable(1) $36,000,000 June 25, 2032 ------------ (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 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 Pass-Through Rate Principal Balance Possible Maturity Date(1Date LT1 Variable(1) LT1AA $ 364,941,041.70 June 25, 2032 LT2 Variable(1) $ 12,796.95 June 25, 2032 LT3 Variable(1) $ 23,703.18 June 25, 2032 LT4 Variable(1) $ 23,703.18 June 25, 2032 LTA-IO1 Variable(2) $ 165,478,105.44 April N/A(3) August 25, 2012 LT1A1 2002 LTA-IO2 Variable(2) $ 968,290.00 April N/A(3) November 25, 2012 LT1A2 2002 LTA-IO3 Variable(2) $ 490,450.00 April N/A(3) February 25, 2012 LT1A3 2003 LTA-IO4 Variable(2) $ 207,860.00 April N/A(3) May 25, 2012 LT1M 2003 LTA-IO5 Variable(2) $ 7,590.00 April N/A(3) August 25, 2012 LT1B 2003 LTA-IO6 Variable(2) $ 14,362.09 April N/A(3) November 25, 2012 LT1ZZ 2003 LTA-IO7 Variable(2) $ 1,688,552.10 April N/A(3) February 25, 2012 LT1P 2004 LTA-IO8 Variable(2) $ 100.00 April N/A(3) May 25, 2012 ___________________2004 LTA-IO9 Variable(2) $ N/A(3) August 25, 2004 LTA-IO10 Variable(2) $ N/A(3) November 25, 2004 ------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)
PRELIMINARY STATEMENT. The Depositor intends to sell 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 Trust Fund created hereunder. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. As provided herein, the Trustee shall make an election will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) as a real estate mortgage investment conduit REMIC (a “REMIC”as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “"REMIC 1.” I." The Class R-1 Interest represents R-I Certificates will be the sole class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) and will have an initial Certificate Principal Balance of $100 and a Pass-Through Rate as described herein. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through I Remittance Rate, the initial Uncertificated Principal BalanceBalance and, 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 1 I Regular InterestsInterests (as defined herein). None of the REMIC 1 I Regular Interests will be certificated. Designation Uncertificated REMIC 1 Pass-Through Rate I Initial Uncertificated Principal Balance Latest Possible Maturity Date(1DESIGNATION REMITTANCE RATE UNCERTIFICATED BALANCE MATURITY DATE(1) LT1AA LT1 Variable(2) $129,316,488.07 June 25, 2027 LT2 Variable(2) $ 165,478,105.44 April 9,674.95 June 25, 2012 LT1A1 2027 LT3 Variable(2) $ 968,290.00 April 10,325.05 June 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________2027 -----------------------------
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Salomon Br Mor Sec Vii Inc New Cen Ast BCK Fl Rt Ce 1997 Nc2)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Swap Account and the Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of the REMIC 1 I Regular InterestsInterests shall be the 360th Distribution Date. None of the The REMIC 1 I Regular Interests will not be certificated. Designation Uncertificated UNCERTIFICATED INITIAL UNCERTIFICATED REMIC 1 PassI REMIC I LATEST POSSIBLE DESIGNATION PASS-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1THROUGH RATE PRINCIPAL BALANCE MATURITY DATE ----------- ----------------- ---------------------- --------------- AA Variable(1) LT1AA Variable(2) $ 165,478,105.44 April 735,227,112.93 May 25, 2012 LT1A1 Variable(22036 A-1 Variable(1) $ 968,290.00 April 2,247,980.00 May 25, 2012 LT1A2 Variable(22036 A-2 Variable(1) $ 490,450.00 April 1,910,640.00 May 25, 2012 LT1A3 Variable(22036 A-3 Variable(1) $ 207,860.00 April 1,066,830.00 May 25, 2012 LT1M Variable(22036 A-4 Variable(1) $ 7,590.00 April 1,466,620.00 May 25, 2012 LT1B Variable(22036 M-1 Variable(1) $ 14,362.09 April 153,800.00 May 25, 2012 LT1ZZ Variable(22036 M-2 Variable(1) $ 1,688,552.10 April 138,790.00 May 25, 2012 LT1P Variable(22036 M-3 Variable(1) $ 100.00 April 82,530.00 May 25, 2012 ___________________2036 M-4 Variable(1) 75,020.00 May 25, 2036 M-5 Variable(1) 71,270.00 May 25, 2036 M-6 Variable(1) 52,520.00 May 25, 2036 M-7 Variable(1) 37,510.00 May 25, 2036 M-8 Variable(1) 37,510.00 May 25, 2036 M-9 Variable(1) 75,020.00 May 25, 2036 ZZ Variable(1) 7,588,594.96 May 25, 2036
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2006-Rs3 Trust)
PRELIMINARY STATEMENT. The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the “"Certificates”"), to be issued hereunder in multiple classessixteen Classes, which Certificates in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunderMortgage Loans (as defined herein) and certain other related assets. The Certificates will consist of eight classes of certificates, designated as (i) 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, (vii) the Class P Certificates and (viii) the Class R Certificates. REMIC I As provided herein, the Trustee shall REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (exclusive of the Swap Account and the Swap Agreement) subject to this Agreement (exclusive of the Excess Reserve Fund Account and the other assets identified as excluded in accordance with the definition of “REMIC 1” herein) 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 1.” I." The Class R-1 Interest represents R-I Certificates will represent the sole class Class of “"residual interests” " in REMIC 1 I for purposes of the REMIC ProvisionsProvisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC 1 I Pass-Through Rate, the ") and initial Uncertificated Principal Balance, and 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), the “latest possible maturity date” ) for each of the REMIC 1 I Regular InterestsInterests shall be the 360th Distribution Date. None of the The REMIC 1 I Regular Interests will not be certificated. Designation UNCERTIFICATED REMIC INITIAL UNCERTIFICATED I REMIC I LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE PRINCIPAL BALANCE MATURITY DATE AA (1) $490,000,176.40 July 25, 2035 A-1 (1) $1,839,080 July 25, 2035 A-2 (1) $1,822,040 July 25, 2035 A-3 (1) $671,380 July 25, 2035 M-1 (1) $142,500 July 25, 2035 M-2 (1) $122,500 July 25, 2035 M-3 (1) $65,000 July 25, 2035 M-4 (1) $50,000 July 25, 2035 M-5 (1) $50,000 July 25, 2035 M-6 (1) $47,500 July 25, 2035 M-7 (1) $25,000 July 25, 2035 M-8 (1) $25,000 July 25, 2035 M-9 (1) $25,000 July 25, 2035 B (1) $45,000 July 25, 2035 ZZ (1) $5,070,003.60 July 25, 2035 --------------------------- (1) Calculated as provided in the definition of "Uncertificated REMIC 1 I Pass-Through Rate Initial Uncertificated Principal Balance Latest Possible Maturity Date(1) LT1AA Variable(2) $ 165,478,105.44 April 25, 2012 LT1A1 Variable(2) $ 968,290.00 April 25, 2012 LT1A2 Variable(2) $ 490,450.00 April 25, 2012 LT1A3 Variable(2) $ 207,860.00 April 25, 2012 LT1M Variable(2) $ 7,590.00 April 25, 2012 LT1B Variable(2) $ 14,362.09 April 25, 2012 LT1ZZ Variable(2) $ 1,688,552.10 April 25, 2012 LT1P Variable(2) $ 100.00 April 25, 2012 ___________________Rate".
Appears in 1 contract
Sources: Pooling and Servicing Agreement (RAMP Series 2005-Rs7 Trust)