REMIC V. As provided herein, the Trust Administrator shall elect to treat the segregated pool of assets consisting of the REMIC IV Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as “REMIC V.” The Class R-V Interest shall evidence the sole class of “residual interests” in REMIC V for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Uncertificated REMIC V Pass-Through Rate, the initial Uncertificated 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 V Regular Interests (as defined herein). None of the REMIC V Regular Interests shall be certificated. III $ 18,432,242.00 Variable (2) August 2036 III-1-A $ 1,207,000.00 Variable (2) August 2036 III-1-B $ 1,207,000.00 Variable (2) August 2036 III-2-A $ 1,878,000.00 Variable (2) August 2036 III-2-B $ 1,878,000.00 Variable (2) August 2036 III-3-A $ 2,054,500.00 Variable (2) August 2036 III-3-B $ 2,054,500.00 Variable (2) August 2036 III-4-A $ 2,230,500.00 Variable (2) August 2036 III-4-B $ 2,230,500.00 Variable (2) August 2036 III-5-A $ 2,400,500.00 Variable (2) August 2036 III-5-B $ 2,400,500.00 Variable (2) August 2036 III-6-A $ 2,566,500.00 Variable (2) August 2036 III-6-B $ 2,566,500.00 Variable (2) August 2036 III-7-A $ 2,607,500.00 Variable (2) August 2036 III-7-B $ 2,607,500.00 Variable (2) August 2036 III-8-A $ 2,758,000.00 Variable (2) August 2036 III-8-B $ 2,758,000.00 Variable (2) August 2036 III-9-A $ 2,905,500.00 Variable (2) August 2036 III-9-B $ 2,905,500.00 Variable (2) August 2036 III-10-A $ 3,044,000.00 Variable (2) August 2036 III-10-B $ 3,044,000.00 Variable (2) August 2036 III-11-A $ 3,176,500.00 Variable (2) August 2036 III-11-B $ 3,176,500.00 Variable (2) August 2036 III-12-A $ 3,297,500.00 Variable (2) August 2036 III-12-B $ 3,297,500.00 Variable (2) August 2036 III-13-A $ 3,152,000.00 Variable (2) August 2036 III-13-B $ 3,152,000.00 Variable (2) August 2036 III-14-A $ 3,126,500.00 Variable (2) August 2036 Fremont 2006-B Pooling & Servicing Agreement III-14-B $ 3,126,500.00 Variable (2) August 2036 III-15-A $ 3,232,000.00 Variable (2) August 2036 III-15-B $ 3,232,000.00 Variable (2) August 2036 III-16-A $ 3,327,500.00 Variable (2) August 2036 III-16-B $ 3,327,500.00 Variable (2) August 2036 III-17-A $ 3,411,000.00 Variable (2) August 2036 III-17-B $ 3,411,000.00 Variable (2) August 2036 III-18-A $ 3,303,000.00 Variable (2) August 2036 III-18-B $ 3,303,000.00 Variable (2) August 2036 III-19-A $ 3,198,000.00 Variable (2) August 2036 III-19-B $ 3,198,000.00 Variable (2) August 2036 III-20-A $ 3,096,000.00 Variable (2) August 2036 III-20-B $ 3,096,000.00 Variable (2) August 2036 III-21-A $ 2,998,500.00 Variable (2) August 2036 III-21-B $ 2,998,500.00 Variable (2) August 2036 III-22-A $ 2,912,000.00 Variable (2) August 2036 III-22-B $ 2,912,000.00 Variable (2) August 2036 III-23-A $ 5,417,500.00 Variable (2) August 2036 III-23-B $ 5,417,500.00 Variable (2) August 2036 III-24-A $ 5,084,000.00 Variable (2) August 2036 III-24-B $ 5,084,000.00 Variable (2) August 2036 III-25-A $ 4,606,000.00 Variable (2) August 2036 III-25-B $ 4,606,000.00 Variable (2) August 2036 III-26-A $ 4,292,500.00 Variable (2) August 2036 III-26-B $ 4,292,500.00 Variable (2) August 2036 III-27-A $ 3,997,000.00 Variable (2) August 2036 III-27-B $ 3,997,000.00 Variable (2) August 2036 III-28-A $ 3,716,000.00 Variable (2) August 2036 III-28-B $ 3,716,000.00 Variable (2) August 2036 III-29-A $ 1,820,500.00 Variable (2) August 2036 III-29-B $ 1,820,500.00 Variable (2) August 2036 III-30-A $ 1,740,500.00 Variable (2) August 2036 III-30-B $ 1,740,500.00 Variable (2) August 2036 III-31A $ 1,665,000.00 Variable (2) August 2036 III-31-B $ 1,665,000.00 Variable (2) August 2036 III-32-A $ 1,588,500.00 Variable (2) August 2036 III-32-B $ 1,588,500.00 Variable (2) August 2036 III-33-A $ 1,516,500.00 Variable (2) August 2036 III-33-B $ 1,516,500.00 Variable (2) August 2036 Fremont 2006-B Pooling & Servicing Agreement III-34-A $ 1,447,500.00 Variable (2) August 2036 III-34-B $ 1,447,500.00 Variable (2) August 2036 III-35-A $ 1,379,500.00 Variable (2) August 2036 III-35-B $ 1,379,500.00 Variable (2) August 2036 III-36-A $ 1,315,000.00 Variable (2) August 2036 III-36-B $ 1,315,000.00 Variable (2) August 2036 III-37-A $ 1,252,000.00 Variable (2) August 2036 III-37-B $ 1,252,000.00 Variable (2) August 2036 III-38-A $ 1,191,500.00 Variable (2) August 2036 III-38-B $ 1,191,500.00 Variable (2) August 2036 III-39-A $ 1,133,000.00 Variable (2) August 2036 III-39-B $ 1,133,000.00 Variable (2) August 2036 III-40-A $ 1,076,500.00 Variable (2) August 2036 III-40-B $ 1,076,500.00 Variable (2) August 2036 III-41-A $ 1,021,500.00 Variable (2) August 2036 III-41-B $ 1,021,500.00 Variable (2) August 2036 III-42-A $ 968,000.00 Variable (2) August 2036 III-42-B $ 968,000.00 Variable (2) August 2036 III-43-A $ 917,000.00 Variable (2) August 2036 III-43-B $ 917,000.00 Variable (2) August 2036 III-44-A $ 867,500.00 Variable (2) August 2036 III-44-B $ 867,500.00 Variable (2) August 2036 III-45-A $ 819,000.00 Variable (2) August 2036 III-45-B $ 819,000.00 Variable (2) August 2036 III-46-A $ 772,500.00 Variable (2) August 2036 III-46-B $ 772,500.00 Variable (2) August 2036 III-47-A $ 727,500.00 Variable (2) August 2036 III-47-B $ 727,500.00 Variable (2) August 2036 III-48-A $ 684,000.00 Variable (2) August 2036 III-48-B $ 684,000.00 Variable (2) August 2036 III-49-A $ 743,500.00 Variable (2) August 2036 III-49-B $ 743,500.00 Variable (2) August 2036 III-50-A $ 703,500.00 Variable (2) August 2036 III-50-B $ 703,500.00 Variable (2) August 2036 III-51-A $ 664,500.00 Variable (2) August 2036 III-51-B $ 664,500.00 Variable (2) August 2036 III-52-A $ 626,000.00 Variable (2) August 2036 III-52-B $ 626,000.00 Variable (2) August 2036 III-53-A $ 590,000.00 Variable (2) August 2036 Fremont 2006-B Pooling & Servicing Agreement III-53-B $ 590,000.00 Variable (2) August 2036 III-54-A $ 554,500.00 Variable (2) August 2036 III-54-B $ 554,500.00 Variable (2) August 2036 III-55-A $ 520,000.00 Variable (2) August 2036 III-55-B $ 520,000.00 Variable (2) August 2036 III-56-A $ 487,500.00 Variable (2) August 2036 III-56-B $ 487,500.00 Variable (2) August 2036 III-57-A $ 455,000.00 Variable (2) August 2036 III-57-B $ 455,000.00 Variable (2) August 2036 III-58-A $ 424,000.00 Variable (2) August 2036 III-58-B $ 424,000.00 Variable (2) August 2036 III-59-A $ 393,500.00 Variable (2) August 2036 III-59-B $ 393,500.00 Variable (2) August 2036 III-60-A $ 364,500.00 Variable (2) August 2036 III-60-B $ 364,500.00 Variable (2) August 2036 III-61-A $ 541,000.00 Variable (2) August 2036 III-61-B $ 541,000.00 Variable (2) August 2036 III-62-A $ 515,000.00 Variable (2) August 2036 III-62-B $ 515,000.00 Variable (2) August 2036 III-63-A $ 489,000.00 Variable (2) August 2036 III-63-B $ 489,000.00 Variable (2) August 2036 III-64-A $ 464,500.00 Variable (2) August 2036 III-64-B $ 464,500.00 Variable (2) August 2036 III-65-A $ 441,000.00 Variable (2) August 2036 III-65-B $ 441,000.00 Variable (2) August 2036 III-66-A $ 418,000.00 Variable (2) August 2036 III-66-B $ 418,000.00 Variable (2) August 2036 III-67-A $ 395,000.00 Variable (2) August 2036 III-67-B $ 395,000.00 Variable (2) August 2036 III-68-A $ 374,500.00 Variable (2) August 2036 III-68-B $ 374,500.00 Variable (2) August 2036 III-69-A $ 353,000.00 Variable (2) August 2036 III-69-B $ 353,000.00 Variable (2) August 2036 III-70-A $ 330,000.00 Variable (2) August 2036 III-70-B $ 330,000.00 Variable (2) August 2036 III-71-A $ 310,000.00 Variable (2) August 2036 III-71-B $ 310,000.00 Variable (2) August 2036 III-72-A $ 8,466,500.00 Variable (2) August 2036 III-72-B $ 8,466,500.00 Variable (2) August 2036 Fremont 2006-B Pooling & Servicing Agreement
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-B)
REMIC V. As provided herein, the Trust Administrator Trustee shall elect to treat the segregated pool of assets consisting of the REMIC IV Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as “REMIC V.” The Class R-V Interest shall evidence the sole class of “residual interests” in REMIC V for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Uncertificated REMIC V Pass-Through Rate, the initial Uncertificated aggregate Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each the indicated classes of Certificates and interests. Each Certificate, other than the Class P Certificate, the Class CE Certificate and the Class R Certificates, represents ownership of a Regular Interest in REMIC V Regular Interests and also represents (i) the right to receive payments with respect to the Net WAC Rate Carryover Amount (as defined herein) and (ii) the obligation to pay Class IO Distribution Amounts (as defined herein). None The entitlement to principal of the REMIC V Regular Interests Interest which corresponds to each Certificate shall be certificatedequal in amount and timing to the entitlement to principal of such Certificate. III Designation Pass-Through Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class A-1 Variable(2) $ 18,432,242.00 Variable (21,351,319,000 September 25, 2035 Class A-2A Variable(2) August 2036 III-1$ 368,598,000 September 25, 2035 Class A-2B1 Variable(2) $ 280,000,000 September 25, 2035 Class A-2B2 Variable(2) $ 122,926,000 September 25, 2035 Class A-2C Variable(2) $ 75,782,000 September 25, 2035 Class M-1 Variable(2) $ 90,750,000 September 25, 2035 Class M-2 Variable(2) $ 79,750,000 September 25, 2035 Class M-3 Variable(2) $ 55,000,000 September 25, 2035 Class M-4 Variable(2) $ 41,250,000 September 25, 2035 Class M-5 Variable(2) $ 41,250,000 September 25, 2035 Class M-6 Variable(2) $ 37,000,000 September 25, 2035 Class M-7 Variable(2) $ 38,625,000 September 25, 2035 Class M-8 Variable(2) $ 27,500,000 September 25, 2035 Class M-9 Variable(2) $ 16,500,000 September 25, 2035 Class M-10 Variable(2) $ 27,500,000 September 25, 2035 Class M-11 Variable(2) $ 13,750,000 September 25, 2035 Class M-12 Variable(2) $ 30,250,000 September 25, 2035 Class M-13 Variable(2) $ 15,125,000 September 25, 2035 Class CE Interest Variable(2)(3) $ 38,508,956.34 September 25, 2035 Class P Interest Variable(2)(4) 100.00 September 25, 2035 Class SWAP-A $ 1,207,000.00 Variable (2IO Interest N/A(5) August 2036 III-1N/A(5) September 25, 2035 Class A-2B1 Swap-B $ 1,207,000.00 Variable (2IO Interest N/A(6) August 2036 III-2-A $ 1,878,000.00 Variable (2N/A(6) August 2036 III-2-B $ 1,878,000.00 Variable (2) August 2036 III-3-A $ 2,054,500.00 Variable (2) August 2036 III-3-B $ 2,054,500.00 Variable (2) August 2036 III-4-A $ 2,230,500.00 Variable (2) August 2036 III-4-B $ 2,230,500.00 Variable (2) August 2036 III-5-A $ 2,400,500.00 Variable (2) August 2036 III-5-B $ 2,400,500.00 Variable (2) August 2036 III-6-A $ 2,566,500.00 Variable (2) August 2036 III-6-B $ 2,566,500.00 Variable (2) August 2036 III-7-A $ 2,607,500.00 Variable (2) August 2036 III-7-B $ 2,607,500.00 Variable (2) August 2036 III-8-A $ 2,758,000.00 Variable (2) August 2036 III-8-B $ 2,758,000.00 Variable (2) August 2036 III-9-A $ 2,905,500.00 Variable (2) August 2036 III-9-B $ 2,905,500.00 Variable (2) August 2036 III-10-A $ 3,044,000.00 Variable (2) August 2036 III-10-B $ 3,044,000.00 Variable (2) August 2036 III-11-A $ 3,176,500.00 Variable (2) August 2036 III-11-B $ 3,176,500.00 Variable (2) August 2036 III-12-A $ 3,297,500.00 Variable (2) August 2036 III-12-B $ 3,297,500.00 Variable (2) August 2036 III-13-A $ 3,152,000.00 Variable (2) August 2036 III-13-B $ 3,152,000.00 Variable (2) August 2036 III-14-A $ 3,126,500.00 Variable (2) August 2036 Fremont 2006-B Pooling & Servicing Agreement III-14-B $ 3,126,500.00 Variable (2) August 2036 III-15-A $ 3,232,000.00 Variable (2) August 2036 III-15-B $ 3,232,000.00 Variable (2) August 2036 III-16-A $ 3,327,500.00 Variable (2) August 2036 III-16-B $ 3,327,500.00 Variable (2) August 2036 III-17-A $ 3,411,000.00 Variable (2) August 2036 III-17-B $ 3,411,000.00 Variable (2) August 2036 III-18-A $ 3,303,000.00 Variable (2) August 2036 III-18-B $ 3,303,000.00 Variable (2) August 2036 III-19-A $ 3,198,000.00 Variable (2) August 2036 III-19-B $ 3,198,000.00 Variable (2) August 2036 III-20-A $ 3,096,000.00 Variable (2) August 2036 III-20-B $ 3,096,000.00 Variable (2) August 2036 III-21-A $ 2,998,500.00 Variable (2) August 2036 III-21-B $ 2,998,500.00 Variable (2) August 2036 III-22-A $ 2,912,000.00 Variable (2) August 2036 III-22-B $ 2,912,000.00 Variable (2) August 2036 III-23-A $ 5,417,500.00 Variable (2) August 2036 III-23-B $ 5,417,500.00 Variable (2) August 2036 III-24-A $ 5,084,000.00 Variable (2) August 2036 III-24-B $ 5,084,000.00 Variable (2) August 2036 III-25-A $ 4,606,000.00 Variable (2) August 2036 III-25-B $ 4,606,000.00 Variable (2) August 2036 III-26-A $ 4,292,500.00 Variable (2) August 2036 III-26-B $ 4,292,500.00 Variable (2) August 2036 III-27-A $ 3,997,000.00 Variable (2) August 2036 III-27-B $ 3,997,000.00 Variable (2) August 2036 III-28-A $ 3,716,000.00 Variable (2) August 2036 III-28-B $ 3,716,000.00 Variable (2) August 2036 III-29-A $ 1,820,500.00 Variable (2) August 2036 III-29-B $ 1,820,500.00 Variable (2) August 2036 III-30-A $ 1,740,500.00 Variable (2) August 2036 III-30-B $ 1,740,500.00 Variable (2) August 2036 III-31A $ 1,665,000.00 Variable (2) August 2036 III-31-B $ 1,665,000.00 Variable (2) August 2036 III-32-A $ 1,588,500.00 Variable (2) August 2036 III-32-B $ 1,588,500.00 Variable (2) August 2036 III-33-A $ 1,516,500.00 Variable (2) August 2036 III-33-B $ 1,516,500.00 Variable (2) August 2036 Fremont 2006-B Pooling & Servicing Agreement III-34-A $ 1,447,500.00 Variable (2) August 2036 III-34-B $ 1,447,500.00 Variable (2) August 2036 III-35-A $ 1,379,500.00 Variable (2) August 2036 III-35-B $ 1,379,500.00 Variable (2) August 2036 III-36-A $ 1,315,000.00 Variable (2) August 2036 III-36-B $ 1,315,000.00 Variable (2) August 2036 III-37-A $ 1,252,000.00 Variable (2) August 2036 III-37-B $ 1,252,000.00 Variable (2) August 2036 III-38-A $ 1,191,500.00 Variable (2) August 2036 III-38-B $ 1,191,500.00 Variable (2) August 2036 III-39-A $ 1,133,000.00 Variable (2) August 2036 III-39-B $ 1,133,000.00 Variable (2) August 2036 III-40-A $ 1,076,500.00 Variable (2) August 2036 III-40-B $ 1,076,500.00 Variable (2) August 2036 III-41-A $ 1,021,500.00 Variable (2) August 2036 III-41-B $ 1,021,500.00 Variable (2) August 2036 III-42-A $ 968,000.00 Variable (2) August 2036 III-42-B $ 968,000.00 Variable (2) August 2036 III-43-A $ 917,000.00 Variable (2) August 2036 III-43-B $ 917,000.00 Variable (2) August 2036 III-44-A $ 867,500.00 Variable (2) August 2036 III-44-B $ 867,500.00 Variable (2) August 2036 III-45-A $ 819,000.00 Variable (2) August 2036 III-45-B $ 819,000.00 Variable (2) August 2036 III-46-A $ 772,500.00 Variable (2) August 2036 III-46-B $ 772,500.00 Variable (2) August 2036 III-47-A $ 727,500.00 Variable (2) August 2036 III-47-B $ 727,500.00 Variable (2) August 2036 III-48-A $ 684,000.00 Variable (2) August 2036 III-48-B $ 684,000.00 Variable (2) August 2036 III-49-A $ 743,500.00 Variable (2) August 2036 III-49-B $ 743,500.00 Variable (2) August 2036 III-50-A $ 703,500.00 Variable (2) August 2036 III-50-B $ 703,500.00 Variable (2) August 2036 III-51-A $ 664,500.00 Variable (2) August 2036 III-51-B $ 664,500.00 Variable (2) August 2036 III-52-A $ 626,000.00 Variable (2) August 2036 III-52-B $ 626,000.00 Variable (2) August 2036 III-53-A $ 590,000.00 Variable (2) August 2036 Fremont 2006-B Pooling & Servicing Agreement III-53-B $ 590,000.00 Variable (2) August 2036 III-54-A $ 554,500.00 Variable (2) August 2036 III-54-B $ 554,500.00 Variable (2) August 2036 III-55-A $ 520,000.00 Variable (2) August 2036 III-55-B $ 520,000.00 Variable (2) August 2036 III-56-A $ 487,500.00 Variable (2) August 2036 III-56-B $ 487,500.00 Variable (2) August 2036 III-57-A $ 455,000.00 Variable (2) August 2036 III-57-B $ 455,000.00 Variable (2) August 2036 III-58-A $ 424,000.00 Variable (2) August 2036 III-58-B $ 424,000.00 Variable (2) August 2036 III-59-A $ 393,500.00 Variable (2) August 2036 III-59-B $ 393,500.00 Variable (2) August 2036 III-60-A $ 364,500.00 Variable (2) August 2036 III-60-B $ 364,500.00 Variable (2) August 2036 III-61-A $ 541,000.00 Variable (2) August 2036 III-61-B $ 541,000.00 Variable (2) August 2036 III-62-A $ 515,000.00 Variable (2) August 2036 III-62-B $ 515,000.00 Variable (2) August 2036 III-63-A $ 489,000.00 Variable (2) August 2036 III-63-B $ 489,000.00 Variable (2) August 2036 III-64-A $ 464,500.00 Variable (2) August 2036 III-64-B $ 464,500.00 Variable (2) August 2036 III-65-A $ 441,000.00 Variable (2) August 2036 III-65-B $ 441,000.00 Variable (2) August 2036 III-66-A $ 418,000.00 Variable (2) August 2036 III-66-B $ 418,000.00 Variable (2) August 2036 III-67-A $ 395,000.00 Variable (2) August 2036 III-67-B $ 395,000.00 Variable (2) August 2036 III-68-A $ 374,500.00 Variable (2) August 2036 III-68-B $ 374,500.00 Variable (2) August 2036 III-69-A $ 353,000.00 Variable (2) August 2036 III-69-B $ 353,000.00 Variable (2) August 2036 III-70-A $ 330,000.00 Variable (2) August 2036 III-70-B $ 330,000.00 Variable (2) August 2036 III-71-A $ 310,000.00 Variable (2) August 2036 III-71-B $ 310,000.00 Variable (2) August 2036 III-72-A $ 8,466,500.00 Variable (2) August 2036 III-72-B $ 8,466,500.00 Variable (2) August 2036 Fremont 2006-B Pooling & Servicing AgreementSeptember 25, 2035 ________________
Appears in 1 contract