SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: July 29, 1999
(Date of earliest event reported)
Commission File No. 333-65481
Norwest Asset Securities Corporation
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Delaware 52-1972128
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(State of Incorporation) (I.R.S. Employer Identification No.)
7485 New Horizon Way, Frederick, Maryland 21703
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Address of principal executive offices (Zip Code)
(301) 846-8881
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Registrant's Telephone Number, including area code
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(Former name, former address and former fiscal year,
if changed since last report)
<PAGE>
ITEM 5. Other Events
On July 29, 1999, Norwest Asset Securities Corporation, a Delaware corporation
(the "Registrant"), sold Mortgage Pass-Through Certificates, Series 1999-20,
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 A-11, Class A-12, Class A-13, Class
A-14, Class A-15, Class A-16, Class A-17, Class A-18, Class A-19, Class A-20,
Class A-R, Class A-LR, Class B-1, Class B-2 and Class B-3 (the "Offered
Certificates"), having an aggregate original principal balance of
$837,989,000.00. The Offered Certificates were issued pursuant to a Pooling and
Servicing Agreement, dated as of July 29, 1999, among the Registrant, Norwest
Bank Minnesota, National Association, as master servicer (the "Master Servicer"
or "Norwest Bank") and First Union National Bank, as trustee (the "Agreement"),
a copy of which is filed as an exhibit hereto. Mortgage Pass-Through
Certificates, Series 1999-20, Class A-PO Certificates, having an aggregate
initial principal balance of $5,726,113.62, and Class B-4, Class B-5 and Class
B-6 Certificates, having an aggregate initial principal balance of $6,376,372.62
(the "Private Class B Certificates" and, together with the Class A-PO
Certificates and the Offered Certificates, the "Certificates"), were also issued
pursuant to the Agreement.
As of the date of initial issuance, the Offered Certificates evidenced an
approximate 98.58% undivided interest in a trust fund (the "Trust Estate"),
consisting principally of a pool of fixed interest rate, conventional, monthly
pay, fully-amortizing, one-to four-family residential first mortgage loans,
other than the Fixed Retained Yield (as defined in the Agreement), which may
include loans secured by shares issued by cooperative housing corporations. The
remaining undivided interests in the Trust Estate are evidenced by the Class
A-PO and Private Class B Certificates. Distributions on the Private Class B
Certificates are subordinated to distributions on the Offered Certificates and
the Class A-PO Certificates.
Interest on the Offered Certificates (other than the Class A-10 Certificates)
will be distributed on each Distribution Date (as defined in the Agreement).
Monthly distributions in reduction of the principal balance of the Offered
Certificates will be allocated to the Offered Certificates in accordance with
the priorities set forth in the Agreement. Distributions of interest and in
reduction of principal balance on any Distribution Date will be made to the
extent that the Pool Distribution Amount is sufficient therefor.
An election will be made to treat the Trust Estate as two REMICs for federal
income tax purposes (the "Upper-Tier REMIC" and "Lower-Tier REMIC,"
respectively). 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 A-11, Class A-12, Class
A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class A-18, Class A-19,
Class A-20, Class A-PO, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5
and Class B-6 Certificates will be treated as "regular interests" in the
Upper-Tier REMIC and the Class A-R and Class A-LR Certificates will be treated
as the "residual interests" in the Upper-Tier REMIC and Lower-Tier REMIC,
respectively.
<PAGE>
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a)
of Regulation S-K
Exhibit No. Description
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(EX-4) Pooling and Servicing Agreement, dated as of
July 29, 1999, among Norwest Asset Securities
Corporation, Norwest Bank Minnesota, National
Association and First Union National Bank, as
trustee.
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NORWEST ASSET SECURITIES CORPORATION
July 29, 1999
/s/ ALAN S. MCKENNEY
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Alan S. McKenney
Vice President
<PAGE>
INDEX TO EXHIBITS
Paper (P) or
Exhibit No. Description Electronic (E)
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(EX-4) Pooling and Servicing Agreement, dated E
as of July 29, 1999 among Norwest Asset
Securities Corporation, Norwest Bank
Minnesota, National Association and
First Union National Bank, as trustee.
================================================================================
NORWEST ASSET SECURITIES CORPORATION
(Seller)
and
NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION
(Master Servicer)
and
FIRST UNION NATIONAL BANK
(Trustee)
POOLING AND SERVICING AGREEMENT
Dated as of July 29, 1999
$850,091,486.24
Mortgage Pass-Through Certificates
Series 1999-20
================================================================================
<PAGE>
TABLE OF CONTENTS
ARTICLE I
DEFINITIONS
Section 1.01. Definitions
Section 1.02. Acts of Holders
Section 1.03. Effect of Headings and Table of Contents
Section 1.04. Benefits of Agreement
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF THE CERTIFICATES
Section 2.01. Conveyance of Mortgage Loans
Section 2.02. Acceptance by Trustee
Section 2.03. Representations and Warranties of the Master Servicer
and the Seller
Section 2.04. Execution and Delivery of Certificates
Section 2.05. Designation of Certificates; Designation of
Startup Day and Latest Possible Maturity Date
ARTICLE III
ADMINISTRATION OF THE TRUST ESTATE: SERVICING
OF THE MORTGAGE LOANS
Section 3.01. Certificate Account
Section 3.02. Permitted Withdrawals from the Certificate Account
Section 3.03. Advances by Master Servicer and Trustee
Section 3.04. Trustee to Cooperate; Release of Owner Mortgage Loan Files
Section 3.05. Reports to the Trustee; Annual Compliance Statements
Section 3.06. Title, Management and Disposition of Any REO Mortgage Loan
Section 3.07. Amendments to Servicing Agreements,
Modification of Standard Provisions
Section 3.08. Oversight of Servicing
Section 3.09. Termination and Substitution of Servicing Agreements
Section 3.10. Application of Net Liquidation Proceeds
Section 3.11. 34 Act Reports
ARTICLE IV
DISTRIBUTIONS IN RESPECT OF CERTIFICATES;
PAYMENTS TO CERTIFICATEHOLDERS;
STATEMENTS AND REPORTS
Section 4.01. Distributions
Section 4.02. Allocation of Realized Losses
Section 4.03. Paying Agent
Section 4.04. Statements to Certificateholders;
Reports to the Trustee, Ambac and the Seller
Section 4.05. Reports to Mortgagors and the Internal Revenue Service
Section 4.06. Reserve Funds
Section 4.07. Distributions in Reduction of the Class A-7 and Class
A-18 Certificates
Section 4.08. Policy Matters
Section 4.09. Calculation of Amounts; Binding Effect of
Interpretations and Actions of Master Servicer
ARTICLE V
THE CERTIFICATES
Section 5.01. The Certificates
Section 5.02. Registration of Certificates
Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates
Section 5.04. Persons Deemed Owners
Section 5.05. Access to List of Certificateholders' Names and Addresses
Section 5.06. Maintenance of Office or Agency
Section 5.07. Definitive Certificates
Section 5.08. Notices to Clearing Agency
ARTICLE VI
THE SELLER AND THE MASTER SERVICER
Section 6.01. Liability of the Seller and the Master Servicer
Section 6.02. Merger or Consolidation of the Seller or the Master Servicer
Section 6.03. Limitation on Liability of the Seller, the Master Servicer
and Others
Section 6.04. Resignation of the Master Servicer
Section 6.05. Compensation to the Master Servicer
Section 6.06. Assignment or Delegation of Duties by Master Servicer
Section 6.07. Indemnification of Trustee and Seller by Master Servicer
Section 6.08. Master Servicer Covenants Concerning Year 2000 Compliance
ARTICLE VII
DEFAULT
Section 7.01. Events of Default
Section 7.02. Other Remedies of Trustee
Section 7.03. Directions by Certificateholders and
Duties of Trustee During Event of Default
Section 7.04. Action upon Certain Failures of the
Master Servicer and upon Event of Default
Section 7.05. Trustee to Act; Appointment of Successor
Section 7.06. Notification to Certificateholders
ARTICLE VIII
CONCERNING THE TRUSTEE
Section 8.01. Duties of Trustee
Section 8.02. Certain Matters Affecting the Trustee
Section 8.03. Trustee Not Required to Make Investigation
Section 8.04. Trustee Not Liable for Certificates or Mortgage Loans
Section 8.05. Trustee May Own Certificates
Section 8.06. The Master Servicer to Pay Fees and Expenses
Section 8.07. Eligibility Requirements
Section 8.08. Resignation and Removal
Section 8.09. Successor
Section 8.10. Merger or Consolidation
Section 8.11. Authenticating Agent
Section 8.12. Separate Trustees and Co-Trustees
Section 8.13. Appointment of Custodians
Section 8.14. Tax Matters; Compliance with REMIC Provisions
Section 8.15. Monthly Advances
Section 8.16. Trustee Covenants Concerning Year 2000 Compliance
ARTICLE IX
TERMINATION
Section 9.01. Termination upon Purchase by the
Seller or Liquidation of All Mortgage Loans
Section 9.02. Additional Termination Requirements
ARTICLE X
MISCELLANEOUS PROVISIONS
Section 10.01. Amendment
Section 10.02. Recordation of Agreement
Section 10.03. Limitation on Rights of Certificateholders
Section 10.04. Governing Law; Jurisdiction
Section 10.05. Notices
Section 10.06. Severability of Provisions
Section 10.07. Special Notices to Rating Agencies and Ambac
Section 10.08. Covenant of Seller
Section 10.09. Recharacterization
ARTICLE XI
TERMS FOR CERTIFICATES
Section 11.01. Class A Fixed Pass-Through Rate
Section 11.02. Cut-Off Date
Section 11.03. Cut-Off Date Aggregate Principal Balance
Section 11.04. Original Class A Percentage
Section 11.05. Original Principal Balances of the Classes of
Class A Certificates
Section 11.06. Original Class A-17 Notional Amount
Section 11.07. Original Class A Non-PO Principal Balance
Section 11.08. Original Subordinated Percentage
Section 11.09. Original Class B-1 Percentage
Section 11.10. Original Class B-2 Percentage
Section 11.11. Original Class B-3 Percentage
Section 11.12. Original Class B-4 Percentage
Section 11.13. Original Class B-5 Percentage
Section 11.14. Original Class B-6 Percentage
Section 11.15. Original Class B Principal Balance
Section 11.16. Original Principal Balances of the Classes of
Class B Certificates
Section 11.17. Original Class B-1 Fractional Interest
Section 11.18. Original Class B-2 Fractional Interest
Section 11.19. Original Class B-3 Fractional Interest
Section 11.20. Original Class B-4 Fractional Interest
Section 11.21. Original Class B-5 Fractional Interest
Section 11.22. Closing Date
Section 11.23. Right to Purchase
Section 11.24. Wire Transfer Eligibility
Section 11.25. Single Certificate
Section 11.26. Servicing Fee Rate
Section 11.27. Master Servicing Fee Rate
<PAGE>
EXHIBITS
EXHIBIT A-1 - Form of Face of Class A-1 Certificate
EXHIBIT A-2 - Form of Face of Class A-2 Certificate
EXHIBIT A-3 - Form of Face of Class A-3 Certificate
EXHIBIT A-4 - Form of Face of Class A-4 Certificate
EXHIBIT A-5 - Form of Face of Class A-5 Certificate
EXHIBIT A-6 - Form of Face of Class A-6 Certificate
EXHIBIT A-7 - Form of Face of Class A-7 Certificate
EXHIBIT A-8 - Form of Face of Class A-8 Certificate
EXHIBIT A-9 - Form of Face of Class A-9 Certificate
EXHIBIT A-10 - Form of Face of Class A-10 Certificate
EXHIBIT A-11 - Form of Face of Class A-11 Certificate
EXHIBIT A-12 - Form of Face of Class A-12 Certificate
EXHIBIT A-13 - Form of Face of Class A-13 Certificate
EXHIBIT A-14 - Form of Face of Class A-14 Certificate
EXHIBIT A-15 - Form of Face of Class A-15 Certificate
EXHIBIT A-16 - Form of Face of Class A-16 Certificate
EXHIBIT A-17 - Form of Face of Class A-17 Certificate
EXHIBIT A-18 - Form of Face of Class A-18 Certificate
EXHIBIT A-19 - Form of Face of Class A-19 Certificate
EXHIBIT A-20 - Form of Face of Class A-20 Certificate
EXHIBIT A-PO - Form of Face of Class A-PO Certificate
EXHIBIT A-R - Form of Face of Class A-R Certificate
EXHIBIT A-LR - Form of Face of Class A-LR Certificate
EXHIBIT B-1 - Form of Face of Class B-1 Certificate
EXHIBIT B-2 - Form of Face of Class B-2 Certificate
EXHIBIT B-3 - Form of Face of Class B-3 Certificate
EXHIBIT B-4 - Form of Face of Class B-4 Certificate
EXHIBIT B-5 - Form of Face of Class B-5 Certificate
EXHIBIT B-6 - Form of Face of Class B-6 Certificate
EXHIBIT C - Form of Reverse of Series 1999-20 Certificates
EXHIBIT D - Reserved
EXHIBIT E - Custodial Agreement
EXHIBIT F-1 - Schedule of Mortgage Loans Serviced by Norwest Mortgage
in locations other than Frederick, Maryland
EXHIBIT F-2 - Schedule of Mortgage Loans Serviced by Norwest Mortgage
from Frederick, Maryland
EXHIBIT F-3 - Schedule of Mortgage Loans Serviced by Other Servicers
EXHIBIT G - Request for Release
EXHIBIT H - Affidavit Pursuant to Section 860E(e)(4) of the
Internal Revenue Code of 1986, as amended, and for
Non-ERISA Investors
EXHIBIT I - Letter from Transferor of Residual Certificates
EXHIBIT J - Transferee's Letter (Class [A-PO] [B-4] [B-5] [B-6]
Certificates)
EXHIBIT K - Transferee's Letter (Class [B-1] [B-2] [B-3]
Certificates)
EXHIBIT L - Servicing Agreements
EXHIBIT M - Form of Special Servicing Agreement
EXHIBIT N - Policy
<PAGE>
This Pooling and Servicing Agreement, dated as of July 29, 1999 executed by
NORWEST ASSET SECURITIES CORPORATION, as Seller, NORWEST BANK MINNESOTA,
NATIONAL ASSOCIATION, as Master Servicer and FIRST UNION NATIONAL BANK, as
Trustee.
WITNESSETH THAT:
In consideration of the mutual agreements herein contained, the Seller, the
Master Servicer and the Trustee agree as follows:
ARTICLE I
DEFINITIONS
SECTION 1.01. DEFINITIONS.
Whenever used herein, the following words and phrases, unless the context
otherwise requires, shall have the meanings specified in this Article.
Accepted Master Servicing Practices: Accepted Master Servicing Practices
shall consist of the customary and usual master servicing practices of prudent
master servicing institutions which service mortgage loans of the same type as
the Mortgage Loans in the jurisdictions in which the related Mortgaged
Properties are located, regardless of the date upon which the related Mortgage
Loans were originated.
Adjusted Pool Amount: With respect to any Distribution Date, the Cut-Off
Date Aggregate Principal Balance of the Mortgage Loans minus the sum of (i) all
amounts in respect of principal received in respect of the Mortgage Loans
(including, without limitation, amounts received as Monthly Payments, Periodic
Advances, Unscheduled Principal Receipts and Substitution Principal Amounts) and
distributed to Holders of the Certificates on such Distribution Date and all
prior Distribution Dates and (ii) the principal portion of all Realized Losses
(other than Debt Service Reductions) incurred on the Mortgage Loans from the
Cut-Off Date through the end of the month preceding such Distribution Date.
Adjusted Pool Amount (PO Portion): With respect to any Distribution Date,
the sum of the amounts, calculated as follows, with respect to all Outstanding
Mortgage Loans: the product of (i) the PO Fraction for each such Mortgage Loan
and (ii) the remainder of (A) the Cut-Off Date Principal Balance of such
Mortgage Loan minus (B) the sum of (x) all amounts in respect of principal
received in respect of such Mortgage Loan (including, without limitation,
amounts received as Monthly Payments, Periodic Advances, Unscheduled Principal
Receipts and Substitution Principal Amounts) and distributed to Holders of the
Certificates on such Distribution Date and all prior Distribution Dates and (y)
the principal portion of any Realized Loss (other than a Debt Service Reduction)
incurred on such Mortgage Loan from the Cut-Off Date through the end of the
month preceding such Distribution Date.
Adjusted Principal Balance: As to any Distribution Date and any Class of
Class B Certificates, the greater of (A) zero and (B) (i) the Principal Balance
of such Class with respect to such Distribution Date minus (ii) the Adjustment
Amount for such Distribution Date less the Principal Balances for any Classes of
Class B Certificates with higher numerical designations.
Adjustment Amount: For any Distribution Date, the difference between (A)
the sum of the Class A Principal Balance and Class B Principal Balance as of the
related Determination Date and (B) the sum of (i) the sum of the Class A
Principal Balance and Class B Principal Balance as of the Determination Date
succeeding such Distribution Date, (ii) the principal portion of Excess Special
Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the
Certificates with respect to such Distribution Date and (iii) the aggregate
amount that would have been distributed to all Classes as principal in
accordance with Section 4.01(a)(i) for such Distribution Date without regard to
the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2
Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal
Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal
Principal Amount.
Aggregate Class A Distribution Amount: As to any Distribution Date, the
aggregate amount distributable to the Classes of Class A Certificates pursuant
to Paragraphs first, second, third and fourth of Section 4.01(a)(i) on such
Distribution Date.
Aggregate Class A Unpaid Interest Shortfall: As to any Distribution Date,
an amount equal to the sum of the Class A Unpaid Interest Shortfalls for all the
Classes of Class A Certificates.
Aggregate Current Bankruptcy Losses: With respect to any Distribution Date,
the sum of all Bankruptcy Losses incurred on any of the Mortgage Loans in the
month preceding the month of such Distribution Date.
Aggregate Current Fraud Losses: With respect to any Distribution Date, the
sum of all Fraud Losses incurred on any of the Mortgage Loans in the month
preceding the month of such Distribution Date.
Aggregate Current Special Hazard Losses: With respect to any Distribution
Date, the sum of all Special Hazard Losses incurred on any of the Mortgage Loans
in the month preceding the month of such Distribution Date.
Aggregate Foreclosure Profits: As to any Distribution Date, the aggregate
amount of Foreclosure Profits with respect to all of the Mortgage Loans.
Agreement: This Pooling and Servicing Agreement and all amendments and
supplements hereto.
Ambac: Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance
company, or any successor thereto.
Ambac Contact Person: The officer designated by the Master Servicer to
provide information to Ambac pursuant to Section 4.08(g). The initial Ambac
Contact Person is appointed in Section 11.27.
Ambac Default: The existence and continuance of any of the following:
(a) Ambac fails to make a payment required under a policy in
accordance with its terms;
(b) Ambac (A) files any petition or commences any case or proceeding
under any provision or similar federal or state law relating to insolvency,
bankruptcy, rehabilitation, liquidation or reorganization, (B) makes a
general assignment for the benefit of its creditors, or (C) has an order
for relief entered against it under the United States Bankruptcy code or
any similar federal or state law relating to insolvency, bankruptcy,
rehabilitation, liquidation or reorganization which is final and
nonappealable; or
(c) a court of competent jurisdiction, the New York Department of
Insurance or other competent regulatory authority enters a final and
nonappealable order, judgment or decree (1) appointing a custodian,
trustee, agent or receiver for Ambac or for all or any material portion of
its property or (2) authorizing the taking of possession by a custodian,
trustee, agent or receiver of Ambac (or the taking of possession of all or
any material portion of the property of Ambac).
Applicable Unscheduled Principal Receipt Period: With respect to the
Mortgage Loans serviced by each Servicer and each of Full Unscheduled Principal
Receipts and Partial Unscheduled Principal Receipts, the Unscheduled Principal
Receipt Period specified on Schedule I hereto, as amended from time to time by
the Master Servicer pursuant to Section 10.01(b) hereof.
Authenticating Agent: Any authenticating agent appointed by the Trustee
pursuant to Section 8.11. There shall initially be no Authenticating Agent for
the Certificates.
Available Master Servicer Compensation: As to any Distribution Date, the
sum of (a) the Master Servicing Fee for such Distribution Date, (b) interest
earned through the business day preceding the applicable Distribution Date on
any Prepayments in Full remitted to the Master Servicer and (c) the aggregate
amount of Month End Interest remitted by the Servicers to the Master Servicer
pursuant to the related Servicing Agreements.
Bankruptcy Code: The Bankruptcy Code of 1978, as amended.
Bankruptcy Loss: With respect to any Mortgage Loan, a Deficient Valuation
or Debt Service Reduction; provided, however, that a Bankruptcy Loss shall not
be deemed a Bankruptcy Loss hereunder so long as the applicable Servicer has
notified the Master Servicer and the Trustee in writing that such Servicer is
diligently pursuing any remedies that may exist in connection with the
representations and warranties made regarding the related Mortgage Loan and
either (A) the related Mortgage Loan is not in default with regard to payments
due thereunder or (B) delinquent payments of principal and interest under the
related Mortgage Loan and any premiums on any applicable primary hazard
insurance policy and any related escrow payments in respect of such Mortgage
Loan are being advanced on a current basis by such Servicer without giving
effect to any Debt Service Reduction.
Bankruptcy Loss Amount: As of any Distribution Date prior to the first
anniversary of the Cut-Off Date, the Bankruptcy Loss Amount will equal
$100,000.00 minus the aggregate amount of Bankruptcy Losses allocated solely to
the Class B Certificates in accordance with Section 4.02(a) since the Cut-Off
Date. As of any Distribution Date on or after the first anniversary of the
Cut-Off Date, an amount equal to (1) the lesser of (a) the Bankruptcy Loss
Amount calculated as of the close of business on the Business Day immediately
preceding the most recent anniversary of the Cut-Off Date coinciding with or
preceding such Distribution Date (the "Relevant Anniversary") and (b) such
lesser amount which, as determined on the Relevant Anniversary will not cause
any rated Certificates to be placed on credit review status (other than for
possible upgrading) (or, in the case of the Class A-7 and Class A-18
Certificates, without giving effect to the guaranty provided by Ambac) by either
Rating Agency minus (2) the aggregate amount of Bankruptcy Losses allocated
solely to the Class B Certificates in accordance with Section 4.02(a) since the
Relevant Anniversary. On and after the Cross-Over Date the Bankruptcy Loss
Amount shall be zero.
Bank United Mortgage Loan Sale Agreement: The mortgage loan sale agreement
dated as of September 17, 1998 between Bank United, as seller, and Norwest
Funding, Inc., as purchaser.
Beneficial Owner: With respect to a Book-Entry Certificate, the Person who
is the beneficial owner of such Book-Entry Certificate, as reflected on the
books of the Clearing Agency, or on the books of a Person maintaining an account
with such Clearing Agency (directly or as an indirect participant, in accordance
with the rules of such Clearing Agency), as the case may be.
Book-Entry Certificate: Any one of the Class A-1 Certificates, Class A-2
Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-5
Certificates, Class A-6 Certificates, Class A-7 Certificates, Class A-8
Certificates, Class A-9 Certificates, Class A-11 Certificates, Class A-12
Certificates, Class A-13 Certificates, Class A-14 Certificates, Class A-15
Certificates, Class A-16 Certificates, Class A-18 Certificates, Class A-19
Certificates and Class A-20 Certificates, beneficial ownership and transfers of
which shall be evidenced by, and made through, book entries by the Clearing
Agency as described in Section 5.01(b).
Business Day: Any day other than (i) a Saturday or a Sunday, or (ii) a
legal holiday in the City of New York, State of Iowa, State of Maryland, State
of Minnesota or State of North Carolina or (iii) a day on which banking
institutions in the City of New York, or the State of Iowa, State of Maryland,
State of Minnesota or State of North Carolina are authorized or obligated by law
or executive order to be closed.
Certificate: Any one of the Class A Certificates or Class B Certificates.
Certificate Account: The trust account established and maintained by the
Master Servicer in the name of the Master Servicer on behalf of the Trustee
pursuant to Section 3.01. The Certificate Account shall be an Eligible Account.
Certificate Register and Certificate Registrar: Respectively, the register
maintained pursuant to and the registrar provided for in Section 5.02. The
initial Certificate Registrar is the Trustee.
Certificateholder or Holder: The Person in whose name a Certificate is
registered in the Certificate Register, except that, solely for the purposes of
the taking of any action under Articles VII or VIII, any Certificate registered
in the name of the Master Servicer, a Servicer or any affiliate thereof shall be
deemed not to be outstanding and the Voting Interest evidenced thereby shall not
be taken into account in determining whether the requisite percentage of
Certificates necessary to effect any such action has been obtained.
Class: All certificates whose form is identical except for variations in
the Percentage Interest evidenced thereby.
Class A Certificate: Any one of the Class A-1 Certificates, Class A-2
Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-5
Certificates, Class A-6 Certificates, Class A-7 Certificates, Class A-8
Certificates, Class A-9 Certificates, Class A-10 Certificates, Class A-11
Certificates, Class A-12 Certificates, Class A-13 Certificates, Class A-14
Certificates, Class A-15 Certificates, Class A-16 Certificates, Class A-17
Certificates, Class A-18 Certificates, Class A-19 Certificates, Class A-20
Certificates, Class A-PO Certificates, Class A-R Certificate or Class A-LR
Certificate.
Class A Certificateholder: The registered holder of a Class A Certificate.
Class A Distribution Amount: As to any Distribution Date and any Class of
Class A Certificates (other than the Class A-10, Class A-17 and Class A-PO
Certificates), the amount distributable to such Class of Class A Certificates
pursuant to Paragraphs first, second and third clause (A) of Section 4.01(a)(i).
As to the Class A-17 Certificates, the amount distributable to such Class
pursuant to Paragraphs first and second of Section 4.01(a)(i). As to the Class
A-10 Certificates, the amount distributable to such Class pursuant to Paragraph
third clause (A) of Section 4.01(a)(i). As to any Distribution Date and the
Class A-PO Certificates, the amount distributable to the Class A-PO Certificates
pursuant to Paragraphs third clause (B) and fourth of Section 4.01(a)(i) on such
Distribution Date.
Class A Fixed Pass-Through Rate: As to any Distribution Date, the rate per
annum set forth in Section 11.01.
Class A Interest Accrual Amount: As to any Distribution Date, the sum of
the Interest Accrual Amounts for the Classes of Class A Certificates with
respect to such Distribution Date.
Class A Interest Percentage: As to any Distribution Date and any Class of
Class A Certificates (other than the Class A-PO Certificates), the percentage
calculated by dividing the Interest Accrual Amount of such Class (determined
without regard to clause (ii) of the definition thereof) by the sum of (a) the
Class A Interest Accrual Amount (determined without regard to clause (ii) of the
definition of each Interest Accrual Amount) and (b) the Premium Payment
(determined without regard to clause (ii) of the definition of Premium Payment).
Class A Interest Shortfall Amount: As to any Distribution Date and any
Class of Class A Certificates, any amount by which the Interest Accrual Amount
of such Class with respect to such Distribution Date exceeds the amount
distributed in respect of such Class on such Distribution Date pursuant to
Paragraph first of Section 4.01(a)(i).
Class A Loss Denominator: As to any Determination Date, an amount equal to
the Class A Non-PO Principal Balance.
Class A Loss Percentage: As to any Determination Date and any Class of
Class A Certificates (other than the Class A-PO Certificates) then outstanding,
the percentage calculated by dividing the Principal Balance of such Class by the
Class A Loss Denominator (determined without regard to any such Principal
Balance of any Class of Class A Certificates not then outstanding), in each case
determined as of the preceding Determination Date.
Class A Non-PO Optimal Amount: As to any Distribution Date, the sum for
such Distribution Date of (i) the Class A Interest Accrual Amount, (ii) the
Aggregate Class A Unpaid Interest Shortfalls, (iii) the Premium Payment, (iv)
the Premium Unpaid Shortfall and (v) the Class A Non-PO Optimal Principal
Amount.
Class A Non-PO Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of
(x) the Non-PO Fraction with respect to such Mortgage Loan, and (y) the sum of:
(i) the Class A Percentage of (A) the principal portion of the Monthly
Payment due on the Due Date occurring in the month of such Distribution
Date on such Mortgage Loan, less (B) if the Bankruptcy Loss Amount has been
reduced to zero, the principal portion of any Debt Service Reduction with
respect to such Mortgage Loan;
(ii) the Class A Prepayment Percentage of all Unscheduled Principal
Receipts that were received by a Servicer with respect to such Mortgage
Loan during the Applicable Unscheduled Principal Receipt Period relating to
such Distribution Date for each applicable type of Unscheduled Principal
Receipt;
(iii) the Class A Prepayment Percentage of the Scheduled Principal
Balance of such Mortgage Loan which, during the month preceding the month
of such Distribution Date, was repurchased by the Seller pursuant to
Section 2.02 or 2.03; and
(iv) the Class A Percentage of the excess of the unpaid principal
balance of such Mortgage Loan substituted for a defective Mortgage Loan
during the month preceding the month in which such Distribution Date occurs
over the unpaid principal balance of such defective Mortgage Loan, less the
amount allocable to the principal portion of any unreimbursed Periodic
Advances previously made by the applicable Servicer, the Master Servicer or
the Trustee in respect of such defective Mortgage Loan.
Class A Non-PO Principal Balance: As of any date, an amount equal to the
Class A Principal Balance less the Principal Balance of the Class A-PO
Certificates.
Class A Non-PO Principal Distribution Amount: As to any Distribution Date,
will be equal to the amount distributed pursuant to Paragraph third clause (A)
of Section 4.01(a)(i).
Class A Pass-Through Rate: As to the Class A-1, Class A-2, Class A-3, Class
A-5, Class A-8, Class A-12, Class A-13, Class A-14, Class A-19, Class A-20,
Class A-R and Class A-LR Certificates, the Class A Fixed Pass-Through Rate. As
to the Class A-4 Certificates, 4.000% per annum. As to the Class A-7
Certificates, 7.000% per annum. As to the Class A-11, Class A-15 and Class A-16
Certificates, 7.125% per annum. As to the Class A-17 Certificates, 6.68888% per
annum. As to the Class A-6, Class A-9 and Class A-18 Certificates, 7.250% per
annum. The Class A-10 and Class A-PO Certificates are not entitled to interest
and have no Class A Pass-Through Rate.
Class A Percentage: As to any Distribution Date occurring on or prior to
the Cross-Over Date, the lesser of (i) 100% and (ii) the percentage obtained by
dividing the Class A Non-PO Principal Balance (determined as of the
Determination Date preceding such Distribution Date) by the Pool Balance (Non-PO
Portion). As to any Distribution Date occurring subsequent to the Cross-Over
Date, 100% or such lesser percentage which will cause the Class A Non-PO
Principal Balance to decline to zero following the distribution made on such
Distribution Date.
Class A Prepayment Percentage: As to any Distribution Date to and including
the Distribution Date in July 2004, 100%. As to any Distribution Date subsequent
to July 2004 to and including the Distribution Date in July 2005, the Class A
Percentage as of such Distribution Date plus 70% of the Subordinated Percentage
as of such Distribution Date. As to any Distribution Date subsequent to July
2005 to and including the Distribution Date in July 2006, the Class A Percentage
as of such Distribution Date plus 60% of the Subordinated Percentage as of such
Distribution Date. As to any Distribution Date subsequent to July 2006 to and
including the Distribution Date in July 2007, the Class A Percentage as of such
Distribution Date plus 40% of the Subordinated Percentage as of such
Distribution Date. As to any Distribution Date subsequent to July 2007 to and
including the Distribution Date in July 2008, the Class A Percentage as of such
Distribution Date plus 20% of the Subordinated Percentage as of such
Distribution Date. As to any Distribution Date subsequent to July 2008, the
Class A Percentage as of such Distribution Date. The foregoing is subject to the
following: (i) if the aggregate distribution to Holders of Class A Certificates
on any Distribution Date of the Class A Prepayment Percentage provided above of
(a) Unscheduled Principal Receipts distributable on such Distribution Date would
reduce the Class A Non-PO Principal Balance below zero, the Class A Prepayment
Percentage for such Distribution Date shall be the percentage necessary to bring
the Class A Non-PO Principal Balance to zero and thereafter the Class A
Prepayment Percentage shall be zero and (ii) if the Class A Percentage as of any
Distribution Date is greater than the Original Class A Percentage, the Class A
Prepayment Percentage for such Distribution Date shall be 100%. Notwithstanding
the foregoing, with respect to any Distribution Date on which the following
criteria are not met, the reduction of the Class A Prepayment Percentage
described in the second through sixth sentences of this definition of Class A
Prepayment Percentage shall not be applicable with respect to such Distribution
Date. In such event, the Class A Prepayment Percentage for such Distribution
Date will be determined in accordance with the applicable provision, as set
forth in the first through fifth sentences above, which was actually used to
determine the Class A Prepayment Percentage for the Distribution Date occurring
in the July preceding such Distribution Date (it being understood that for the
purposes of the determination of the Class A Prepayment Percentage for the
current Distribution Date, the current Class A Percentage and Subordinated
Percentage shall be utilized). In order for the reduction referred to in the
second through sixth sentences to be applicable, with respect to any
Distribution Date (a) the average outstanding principal balance on such
Distribution Date and for the preceding five Distribution Dates on the Mortgage
Loans that were delinquent 60 days or more (including for this purpose any
payments due with respect to Mortgage Loans in foreclosure and REO Mortgage
Loans) must be less than 50% of the current Class B Principal Balance and (b)
cumulative Realized Losses shall not exceed (1) 30% of the Original Class B
Principal Balance if such Distribution Date occurs between and including August
2004 and July 2005, (2) 35% of the Original Class B Principal Balance if such
Distribution Date occurs between and including August 2005 and July 2006, (3)
40% of the Original Class B Principal Balance if such Distribution Date occurs
between and including August 2006 and July 2007, (4) 45% of the Original Class B
Principal Balance if such Distribution Date occurs between and including August
2007 and July 2008, and (5) 50% of the Original Class B Principal Balance if
such Distribution Date occurs during or after August 2008. With respect to any
Distribution Date on which the Class A Prepayment Percentage is reduced below
the Class A Prepayment Percentage for the prior Distribution Date, the Master
Servicer shall certify to the Trustee, based upon information provided by each
Servicer as to the Mortgage Loans serviced by it that the criteria set forth in
the preceding sentence are met.
Class A Principal Balance: As of any date, an amount equal to the sum of
the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates,
Class A-3 Certificates, Class A-4 Certificates, Class A-5 Certificates, Class
A-6 Certificates, Class A-7 Certificates, Class A-8 Certificates, Class A-9
Certificates, Class A-10 Certificates, Class A-11 Certificates, Class A-12
Certificates, Class A-13 Certificates, Class A-14 Certificates, Class A-15
Certificates, Class A-16 Certificates, Class A-18 Certificates, Class A-19
Certificates, Class A-20 Certificates, Class A-PO Certificates, Class A-R
Certificate and Class A-LR Certificate.
Class A Unpaid Interest Shortfall: As to any Distribution Date and any
Class of Class A Certificates, the amount, if any, by which the aggregate of the
Class A Interest Shortfall Amounts for such Class for prior Distribution Dates
is in excess of the amounts distributed in respect of such Class on prior
Distribution Dates pursuant to Paragraph second of Section 4.01(a)(i).
Class A-1 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-1 and Exhibit C hereto.
Class A-1 Certificateholder: The registered holder of a Class A-1
Certificate.
Class A-2 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-2 and Exhibit C hereto.
Class A-2 Certificateholder: The registered holder of a Class A-2
Certificate.
Class A-3 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-3 and Exhibit C hereto.
Class A-3 Certificateholder: The registered holder of a Class A-3
Certificate.
Class A-4 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-4 and Exhibit C hereto.
Class A-4 Certificateholder: The registered holder of a Class A-4
Certificate.
Class A-5 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-5 and Exhibit C hereto.
Class A-5 Certificateholder: The registered holder of a Class A-5
Certificate.
Class A-6 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-6 and Exhibit C hereto.
Class A-6 Certificateholder: The registered holder of a Class A-6
Certificate.
Class A-7 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-7 and Exhibit C hereto.
Class A-7 Certificateholder: The registered holder of a Class A-7
Certificate.
Class A-7 Distribution Deficiency: With respect to the Class A-7
Certificates on each Distribution Date, the sum of (i) the Class A-7 Interest
Loss Amount for such Distribution Date and (ii) the Class A-7 Principal Loss
Amount for such Distribution.
Class A-7 Interest Loss Amount: As to any Distribution Date, the excess, if
any, of (i) the Interest Accrual Amount of the Class A-7 Certificates
(determined without regard to clause (ii) of the definition thereof), net of any
Non-Supported Interest Shortfalls allocated to the Class A-7 Certificates that
are covered by the applicable Reserve Fund over (ii) the amount available to be
distributed in respect of the Class A-7 Certificates on such Distribution Date
pursuant to Paragraph first of Section 4.01(a)(i).
Class A-7 Principal Loss Amount: As to any Distribution Date, the sum of,
without duplication, (i) the Class A Loss Percentage of the Class A-7
Certificates of the principal portion of Realized Losses allocated to the Class
A Certificates (other than the Class A-PO Certificates) with respect to such
Distribution Date pursuant to Section 4.02(b) and (ii) any amount allocated to
the Class A-7 Certificates after the Cross-Over Date with respect to such
Distribution Date pursuant to the third sentence in the definition of Principal
Balance of the Class A-7 Certificates.
Class A-8 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-8 and Exhibit C hereto.
Class A-8 Certificateholder: The registered holder of a Class A-8
Certificate.
Class A-9 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-9 and Exhibit C hereto.
Class A-9 Certificateholder: The registered holder of a Class A-9
Certificate.
Class A-10 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-10 and Exhibit C hereto.
Class A-10 Certificateholder: The registered holder of a Class A-10
Certificate.
Class A-11 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-11 and Exhibit C hereto.
Class A-11 Certificateholder: The registered holder of a Class A-11
Certificate.
Class A-12 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-12 and Exhibit C hereto.
Class A-12 Certificateholder: The registered holder of a Class A-12
Certificate.
Class A-13 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-13 and Exhibit C hereto.
Class A-13 Certificateholder: The registered holder of a Class A-13
Certificate.
Class A-14 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-14 and Exhibit C hereto.
Class A-14 Certificateholder: The registered holder of a Class A-14
Certificate.
Class A-15 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-15 and Exhibit C hereto.
Class A-15 Certificateholder: The registered holder of a Class A-15
Certificate.
Class A-16 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-16 and Exhibit C hereto.
Class A-16 Certificateholder: The registered holder of a Class A-16
Certificate.
Class A-17 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-17 and Exhibit C hereto.
Class A-17 Certificateholder: The registered holder of a Class A-17
Certificate.
Class A-17 Interest Accrual Amount: As to any Distribution Date, (i) the
product of (A) 1/12th of the Class A Pass-Through Rate for the Class A-17
Certificates and (B) the Class A-17 Notional Amount as of such Distribution Date
minus (ii) the Class A Interest Percentage of the Class A-17 Certificates of (x)
any Non-Supported Interest Shortfall allocated to the Class A Certificates and
the Premium Payment, (y) the interest portion of any Excess Special Hazard
Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class
A Certificates and the Premium Payment with respect to such Distribution Date
pursuant to Section 4.02(e) and (z) the interest portion of any Realized Losses
(other than Excess Special Hazard Losses, Excess Fraud Losses and Excess
Bankruptcy Losses) allocated to the Class A Certificates and the Premium Payment
on or after the Cross-Over Date pursuant to Section 4.02(e).
Class A-17 Notional Amount: As to any Distribution Date, an amount equal to
the Principal Balance of the Class A-18 Certificates.
Class A-18 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-18 and Exhibit C hereto.
Class A-18 Certificateholder: The registered holder of a Class A-18
Certificate.
Class A-18 Distribution Deficiency: With respect to the Class A-18
Certificates on each Distribution Date, the sum of (i) the Class A-18 Interest
Loss Amount for such Distribution Date and (ii) the Class A-18 Principal Loss
Amount for such Distribution.
Class A-18 Interest Loss Amount: As to any Distribution Date, the excess,
if any, of (i) the Interest Accrual Amount of the Class A-18 Certificates
(determined without regard to clause (ii) of the definition thereof), net of any
Non-Supported Interest Shortfalls allocated to the Class A-18 Certificates that
are covered by the applicable Reserve Fund over (ii) the amount available to be
distributed in respect of the Class A-18 Certificates on such Distribution Date
pursuant to Paragraph first of Section 4.01(a)(i).
Class A-18 Principal Loss Amount: As to any Distribution Date, the sum of,
without duplication, (i) the Class A Loss Percentage of the Class A-18
Certificates of the principal portion of Realized Losses allocated to the Class
A Certificates (other than the Class A-PO Certificates) with respect to such
Distribution Date pursuant to Section 4.02(b) and (ii) any amount allocated to
the Class A-18 Certificates after the Cross-Over Date with respect to such
Distribution Date pursuant to the third sentence in the definition of Principal
Balance of the Class A-18 Certificates.
Class A-19 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-19 and Exhibit C hereto.
Class A-19 Certificateholder: The registered holder of a Class A-19
Certificate.
Class A-20 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-20 and Exhibit C hereto.
Class A-20 Certificateholder: The registered holder of a Class A-20
Certificate.
Class A-L1 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class A-L4 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class A-L6 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class A-L10 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class A-L11 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class A-L17 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class A-LPO Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class A-LR Certificate: The Certificate executed by the Trustee and
authenticated by the Trustee or the Authenticating Agent in substantially the
form set forth in Exhibit A-LR and Exhibit D hereto.
Class A-LR Certificateholder: The registered holder of the Class A-LR
Certificate.
Class A-LUR Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class A-PO Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit A-PO and Exhibit C hereto.
Class A-PO Certificateholder: The registered holder of a Class A-PO
Certificate.
Class A-PO Deferred Amount: For any Distribution Date prior to the
Cross-Over Date, the difference between (A) the sum of (x) the amount by which
the sum of the Class A-PO Optimal Principal Amounts for all prior Distribution
Dates exceeded the amounts distributed on the Class A-PO Certificates on such
prior Distribution Dates pursuant to Paragraph third clause (B) of Section
4.01(a)(i) and (y) the sum of the product for each Discount Mortgage Loan which
became a Liquidated Loan at any time on or prior to the last day of the
applicable Unscheduled Principal Receipt Period for the current Distribution
Date of (a) the PO Fraction for such Discount Mortgage Loan and (b) an amount
equal to the principal portion of Realized Losses (other than Bankruptcy Losses
due to Debt Service Reductions) incurred with respect to such Mortgage Loan
other than Excess Special Hazard Losses, Excess Fraud Losses and Excess
Bankruptcy Losses and (B) amounts distributed on the Class A-PO Certificates on
prior Distribution Dates pursuant to Paragraph fourth of Section 4.01(a)(i). On
and after the Cross-Over Date, the Class A-PO Deferred Amount will be zero. No
interest will accrue on any Class A-PO Deferred Amount.
Class A-PO Optimal Principal Amount: As to any Distribution Date, an amount
equal to the sum as to each Outstanding Mortgage Loan, of the product of (x) the
PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) (A) the principal portion of the Monthly Payment due on the Due
Date occurring in the month of such Distribution Date on such Mortgage Loan,
less (B) if the Bankruptcy Loss Amount has been reduced to zero, the principal
portion of any Debt Service Reduction with respect to such Mortgage Loan;
(ii) all Unscheduled Principal Receipts that were received by a
Servicer with respect to such Mortgage Loan during the Applicable Unscheduled
Principal Receipt Period relating to such Distribution Date for each applicable
type of Unscheduled Principal Receipt;
(iii) the Scheduled Principal Balance of each Mortgage Loan that was
repurchased by the Seller during such preceding month pursuant to Section 2.02
or 2.03;
(iv) the excess of the unpaid principal balance of such Mortgage Loan
substituted for a defective Mortgage Loan during the month preceding the month
in which such Distribution Date occurs over the unpaid principal balance of such
defective Mortgage Loan, less the amount allocable to the principal portion of
any unreimbursed Periodic Advances previously made by the applicable Servicer,
the Master Servicer or the Trustee in respect of such defective Mortgage Loan.
Class A-R Certificate: The Certificate executed by the Trustee and
authenticated by the Trustee or the Authenticating Agent in substantially the
form set forth in Exhibit A-R and Exhibit C hereto.
Class A-R Certificateholder: The registered holder of the Class A-R
Certificate.
Class B Certificate: Any one of the Class B-1 Certificates, Class B-2
Certificates, Class B-3 Certificates, Class B-4 Certificates, Class B-5
Certificates or Class B-6 Certificates.
Class B Certificateholder: The registered holder of a Class B Certificate.
Class B Distribution Amount: Any of the Class B-1, Class B-2, Class B-3,
Class B-4, Class B-5 or Class B-6 Distribution Amounts.
Class B Interest Accrual Amount: As to any Distribution Date, the sum of
the Interest Accrual Amounts for the Classes of Class B Certificates with
respect to such Distribution Date.
Class B Interest Percentage: As to any Distribution Date and any Class of
Class B Certificates, the percentage calculated by dividing the Interest Accrual
Amount of such Class (determined without regard to clause (ii) of the definition
thereof) by the Class B Interest Accrual Amount (determined without regard to
clause (ii) of the definition of each Interest Accrual Amount).
Class B Interest Shortfall Amount: Any of the Class B-1 Interest Shortfall
Amount, Class B-2 Interest Shortfall Amount, Class B-3 Interest Shortfall
Amount, Class B-4 Interest Shortfall Amount, Class B-5 Interest Shortfall Amount
or Class B-6 Interest Shortfall Amount.
Class B Loss Percentage: As to any Determination Date and any Class of
Class B Certificates then outstanding, the percentage calculated by dividing the
Principal Balance of such Class B by the Class B Principal Balance (determined
without regard to any Principal Balance of any Class of Class B Certificates not
then outstanding), in each case determined as of the preceding Determination
Date.
Class B Pass-Through Rate: As to any Distribution Date, 6.750% per annum.
Class B Percentage: Any one of the Class B-1 Percentage, Class B-2
Percentage, Class B-3 Percentage, Class B-4 Percentage, Class B-5 Percentage or
Class B-6 Percentage.
Class B Prepayment Percentage: Any of the Class B-1 Prepayment Percentage,
Class B-2 Prepayment Percentage, Class B-3 Prepayment Percentage, Class B-4
Prepayment Percentage, Class B-5 Prepayment Percentage or Class B-6 Prepayment
Percentage.
Class B Principal Balance: As of any date, an amount equal to the sum of
the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3
Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and
Class B-6 Principal Balance.
Class B Unpaid Interest Shortfall: Any of the Class B-1 Unpaid Interest
Shortfall, Class B-2 Unpaid Interest Shortfall, Class B-3 Unpaid Interest
Shortfall, Class B-4 Unpaid Interest Shortfall, Class B-5 Unpaid Interest
Shortfall or Class B-6 Unpaid Interest Shortfall.
Class B-1 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit B-1 and Exhibit C hereto.
Class B-1 Certificateholder: The registered holder of a Class B-1
Certificate.
Class B-1 Distribution Amount: As to any Distribution Date, any amount
distributable to the Holders of the Class B-1 Certificates pursuant to
Paragraphs fifth, sixth and seventh of Section 4.01(a)(i).
Class B-1 Interest Shortfall Amount: As to any Distribution Date, any
amount by which the Interest Accrual Amount of the Class B-1 Certificates with
respect to such Distribution Date exceeds the amount distributed in respect of
the Class B-1 Certificates on such Distribution Date pursuant to Paragraph fifth
of Section 4.01(a)(i).
Class B-1 Optimal Principal Amount: As to any Distribution Date, an amount
equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x)
the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-1 Percentage of (A) the principal portion of the
Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-1 Prepayment Percentage of all Unscheduled Principal
Receipts that were received by a Servicer with respect to such Mortgage
Loan during the Applicable Unscheduled Principal Receipt Period relating to
such Distribution Date for each applicable type of Unscheduled Principal
Receipt;
(iii) the Class B-1 Prepayment Percentage of the Scheduled Principal
Balance of such Mortgage Loan which, during the month preceding the month
of such Distribution Date, was repurchased by the Seller pursuant to
Section 2.02 or 2.03; and
(iv) the Class B-1 Percentage of the excess of the unpaid principal
balance of such Mortgage Loan substituted for a defective Mortgage Loan
during the month preceding the month in which such Distribution Date occurs
over the unpaid principal balance of such defective Mortgage Loan, less the
amount allocable to the principal portion of any unreimbursed Periodic
Advances previously made by the applicable Servicer, the Master Servicer or
the Trustee in respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-1 Optimal Principal Amount
will equal the lesser of (A) the Class B-1 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-1 Certificates.
Class B-1 Percentage: As to any Distribution Date, the percentage
calculated by multiplying the Subordinated Percentage by either (i) if any Class
B Certificates (other than the Class B-1 Certificates) are eligible to receive
principal distributions for such Distribution Date in accordance with Section
4.01(d), a fraction, the numerator of which is the Class B-1 Principal Balance
(determined as of the Determination Date preceding such Distribution Date) and
the denominator of which is the sum of the Principal Balances of the Classes of
Class B Certificates eligible to receive principal distributions for such
Distribution Date in accordance with the provisions of Section 4.01(d) or (ii)
except as set forth in Section 4.01(d)(ii), in the event that the Class B
Certificates (other than the Class B-1 Certificates) are not eligible to receive
distributions of principal in accordance with Section 4.01(d)(i), one.
Class B-1 Prepayment Percentage: As to any Distribution Date, the
percentage calculated by multiplying the Subordinated Prepayment Percentage by
either (i) if any Class B Certificates (other than the Class B-1 Certificates)
are eligible to receive principal distributions for such Distribution Date in
accordance with Section 4.01(d), a fraction, the numerator of which is the Class
B-1 Principal Balance (determined as of the Determination Date preceding such
Distribution Date) and the denominator of which is the sum of the Principal
Balances of the Classes of Class B Certificates eligible to receive principal
distributions for such Distribution Date in accordance with the provisions of
Section 4.01(d) or (ii) except as set forth in Section 4.01(d)(ii), in the event
that the Class B Certificates (other than the Class B-1 Certificates) are not
eligible to receive distributions of principal in accordance with Section
4.01(d)(i), one.
Class B-1 Principal Balance: As to the first Determination Date, the
Original Class B-1 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-1 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-1 Certificates on
prior Distribution Dates (A) pursuant to Paragraph seventh of Section 4.01(a)(i)
and (B) as a result of a Principal Adjustment and (b) the Realized Losses
allocated through such Determination Date to the Class B-1 Certificates pursuant
to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding
Distribution Date less the Class A Principal Balance as of such Determination
Date.
Class B-1 Unpaid Interest Shortfall: As to any Distribution Date, the
amount, if any, by which the aggregate of the Class B-1 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-1 Certificates on prior Distribution Dates pursuant to
Paragraph sixth of Section 4.01(a)(i).
Class B-2 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit B-2 and Exhibit C hereto.
Class B-2 Certificateholder: The registered holder of a Class B-2
Certificate.
Class B-2 Distribution Amount: As to any Distribution Date, any amount
distributable to the Holders of the Class B-2 Certificates pursuant to
Paragraphs eighth, ninth and tenth of Section 4.01(a)(i).
Class B-2 Interest Shortfall Amount: As to any Distribution Date, any
amount by which the Interest Accrual Amount of the Class B-2 Certificates with
respect to such Distribution Date exceeds the amount distributed in respect of
the Class B-2 Certificates on such Distribution Date pursuant to Paragraph
eighth of Section 4.01(a)(i).
Class B-2 Optimal Principal Amount: As to any Distribution Date, an amount
equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x)
the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-2 Percentage of (A) the principal portion of the
Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-2 Prepayment Percentage of all Unscheduled Principal
Receipts that were received by a Servicer with respect to such Mortgage
Loan during the Applicable Unscheduled Principal Receipt Period relating to
such Distribution Date for each applicable type of Unscheduled Principal
Receipt;
(iii) the Class B-2 Prepayment Percentage of the Scheduled Principal
Balance of such Mortgage Loan which, during the month preceding the month
of such Distribution Date, was repurchased by the Seller pursuant to
Section 2.02 or 2.03; and
(iv) the Class B-2 Percentage of the excess of the unpaid principal
balance of such Mortgage Loan substituted for a defective Mortgage Loan
during the month preceding the month in which such Distribution Date occurs
over the unpaid principal balance of such defective Mortgage Loan, less the
amount allocable to the principal portion of any unreimbursed Periodic
Advances previously made by the applicable Servicer, the Master Servicer or
the Trustee in respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-2 Optimal Principal Amount
will equal the lesser of (A) the Class B-2 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-2 Certificates.
Class B-2 Percentage: As to any Distribution Date, except as set forth in
the next sentence, the percentage calculated by multiplying (i) the Subordinated
Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal
Balance (determined as of the Determination Date preceding such Distribution
Date) and the denominator of which is the sum of the Principal Balances of the
Classes of Class B Certificates eligible to receive principal distributions for
such Distribution Date in accordance with the provisions of Section 4.01(d).
Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2
Certificates are not eligible to receive distributions of principal in
accordance with Section 4.01(d)(i), the Class B-2 Percentage for such
Distribution Date will be zero.
Class B-2 Prepayment Percentage: As to any Distribution Date, except as set
forth in the next sentence, the percentage calculated by multiplying (i) the
Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is
the Class B-2 Principal Balance (determined as of the Determination Date
preceding such Distribution Date) and the denominator of which is the sum of the
Principal Balances of the Classes of Class B Certificates eligible to receive
principal distributions for such Distribution Date in accordance with the
provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in
the event that the Class B-2 Certificates are not eligible to receive
distributions of principal in accordance with Section 4.01(d)(i), the Class B-2
Prepayment Percentage for such Distribution Date will be zero.
Class B-2 Principal Balance: As to the first Determination Date, the
Original Class B-2 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-2 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-2 Certificates on
prior Distribution Dates (A) pursuant to Paragraph tenth of Section 4.01(a)(i)
and (B) as a result of a Principal Adjustment and (b) the Realized Losses
allocated through such Determination Date to the Class B-2 Certificates pursuant
to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding
Distribution Date less the sum of the Class A Principal Balance and the Class
B-1 Principal Balance as of such Determination Date.
Class B-2 Unpaid Interest Shortfall: As to any Distribution Date, the
amount, if any, by which the aggregate of the Class B-2 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-2 Certificates on prior Distribution Dates pursuant to
Paragraph ninth of Section 4.01(a)(i).
Class B-3 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit B-3 and Exhibit C hereto.
Class B-3 Certificateholder: The registered holder of a Class B-3
Certificate.
Class B-3 Distribution Amount: As to any Distribution Date, any amount
distributable to the Holders of the Class B-3 Certificates pursuant to
Paragraphs eleventh, twelfth and thirteenth of Section 4.01(a)(i).
Class B-3 Interest Shortfall Amount: As to any Distribution Date, any
amount by which the Interest Accrual Amount of the Class B-3 Certificates with
respect to such Distribution Date exceeds the amount distributed in respect of
the Class B-3 Certificates on such Distribution Date pursuant to Paragraph
eleventh of Section 4.01(a)(i).
Class B-3 Optimal Principal Amount: As to any Distribution Date, an amount
equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x)
the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-3 Percentage of (A) the principal portion of the
Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-3 Prepayment Percentage of all Unscheduled Principal
Receipts that were received by a Servicer with respect to such Mortgage
Loan during the Applicable Unscheduled Principal Receipt Period relating to
such Distribution Date for each applicable type of Unscheduled Principal
Receipt;
(iii) the Class B-3 Prepayment Percentage of the Scheduled Principal
Balance of such Mortgage Loan which, during the month preceding the month
of such Distribution Date, was repurchased by the Seller pursuant to
Section 2.02 or 2.03; and
(iv) the Class B-3 Percentage of the excess of the unpaid principal
balance of such Mortgage Loan substituted for a defective Mortgage Loan
during the month preceding the month in which such Distribution Date occurs
over the unpaid principal balance of such defective Mortgage Loan, less the
amount allocable to the principal portion of any unreimbursed Periodic
Advances previously made by the applicable Servicer, the Master Servicer or
the Trustee in respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-3 Optimal Principal Amount
will equal the lesser of (A) the Class B-3 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-3 Certificates.
Class B-3 Percentage: As to any Distribution Date, except as set forth in
the next sentence, the percentage calculated by multiplying (i) the Subordinated
Percentage by (ii) a fraction, the numerator of which is the Class B-3 Principal
Balance (determined as of the Determination Date preceding such Distribution
Date) and the denominator of which is the sum of the Principal Balances of the
Classes of Class B Certificates eligible to receive principal distributions for
such Distribution Date in accordance with the provisions of Section 4.01(d).
Except as set forth in Section 4.01(d)(ii), in the event that the Class B-3
Certificates are not eligible to receive distributions of principal in
accordance with Section 4.01(d)(i), the Class B-3 Percentage for such
Distribution Date will be zero.
Class B-3 Prepayment Percentage: As to any Distribution Date, except as set
forth in the next sentence, the percentage calculated by multiplying (i) the
Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is
the Class B-3 Principal Balance (determined as of the Determination Date
preceding such Distribution Date) and the denominator of which is the sum of the
Principal Balances of the Classes of Class B Certificates eligible to receive
principal distributions for such Distribution Date in accordance with the
provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in
the event that the Class B-3 Certificates are not eligible to receive
distributions of principal in accordance with Section 4.01(d)(i), the Class B-3
Prepayment Percentage for such Distribution Date will be zero.
Class B-3 Principal Balance: As to the first Determination Date, the
Original Class B-3 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-3 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-3 Certificates on
prior Distribution Dates (A) pursuant to Paragraph thirteenth of Section
4.01(a)(i) and (B) as a result of a Principal Adjustment and (b) the Realized
Losses allocated through such Determination Date to the Class B-3 Certificates
pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the
preceding Distribution Date less the sum of the Class A Principal Balance, the
Class B-1 Principal Balance and the Class B-2 Principal Balance as of such
Determination Date.
Class B-3 Unpaid Interest Shortfall: As to any Distribution Date, the
amount, if any, by which the aggregate of the Class B-3 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-3 Certificates on prior Distribution Dates pursuant to
Paragraph twelfth of Section 4.01(a)(i).
Class B-4 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit B-4 and Exhibit C hereto.
Class B-4 Certificateholder: The registered holder of a Class B-4
Certificate.
Class B-4 Distribution Amount: As to any Distribution Date, any amount
distributable to the Holders of the Class B-4 Certificates pursuant to
Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a)(i).
Class B-4 Interest Shortfall Amount: As to any Distribution Date, any
amount by which the Interest Accrual Amount of the Class B-4 Certificates with
respect to such Distribution Date exceeds the amount distributed in respect of
the Class B-4 Certificates on such Distribution Date pursuant to Paragraph
fourteenth of Section 4.01(a)(i).
Class B-4 Optimal Principal Amount: As to any Distribution Date, an amount
equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x)
the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-4 Percentage of (A) the principal portion of the
Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-4 Prepayment Percentage of all Unscheduled Principal
Receipts that were received by a Servicer with respect to such Mortgage
Loan during the Applicable Unscheduled Principal Receipt Period relating to
such Distribution Date for each applicable type of Unscheduled Principal
Receipt;
(iii) the Class B-4 Prepayment Percentage of the Scheduled Principal
Balance of such Mortgage Loan which, during the month preceding the month
of such Distribution Date, was repurchased by the Seller pursuant to
Section 2.02 or 2.03; and
(iv) the Class B-4 Percentage of the excess of the unpaid principal
balance of such Mortgage Loan substituted for a defective Mortgage Loan
during the month preceding the month in which such Distribution Date occurs
over the unpaid principal balance of such defective Mortgage Loan, less the
amount allocable to the principal portion of any unreimbursed Periodic
Advances previously made by the applicable Servicer, the Master Servicer or
the Trustee in respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-4 Optimal Principal Amount
will equal the lesser of (A) the Class B-4 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-4 Certificates.
Class B-4 Percentage: As to any Distribution Date, except as set forth in
the next sentence, the percentage calculated by multiplying (i) the Subordinated
Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal
Balance (determined as of the Determination Date preceding such Distribution
Date) and the denominator of which is the sum of the Principal Balances of the
Classes of Class B Certificates eligible to receive principal distributions for
such Distribution Date in accordance with the provisions of Section 4.01(d).
Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4
Certificates are not eligible to receive distributions of principal in
accordance with Section 4.01(d)(i), the Class B-4 Percentage for such
Distribution Date will be zero.
Class B-4 Prepayment Percentage: As to any Distribution Date, except as set
forth in the next sentence, the percentage calculated by multiplying (i) the
Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is
the Class B-4 Principal Balance (determined as of the Determination Date
preceding such Distribution Date) and the denominator of which is the sum of the
Principal Balances of the Classes of Class B Certificates eligible to receive
principal distributions for such Distribution Date in accordance with the
provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in
the event that the Class B-4 Certificates are not eligible to receive
distributions of principal in accordance with Section 4.01(d)(i), the Class B-4
Prepayment Percentage for such Distribution Date will be zero.
Class B-4 Principal Balance: As to the first Determination Date, the
Original Class B-4 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-4 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-4 Certificates on
prior Distribution Dates (A) pursuant to Paragraph sixteenth of Section
4.01(a)(i) and (B) as a result of a Principal Adjustment and (b) the Realized
Losses allocated through such Determination Date to the Class B-4 Certificates
pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the
preceding Distribution Date less the sum of the Class A Principal Balance, the
Class B-1 Principal Balance, the Class B-2 Principal Balance and the Class B-3
Principal Balance as of such Determination Date.
Class B-4 Unpaid Interest Shortfall: As to any Distribution Date, the
amount, if any, by which the aggregate of the Class B-4 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-4 Certificates on prior Distribution Dates pursuant to
Paragraph fifteenth of Section 4.01(a)(i).
Class B-5 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit B-5 and Exhibit C hereto.
Class B-5 Certificateholder: The registered holder of a Class B-5
Certificate.
Class B-5 Distribution Amount: As to any Distribution Date, any amount
distributable to the Holders of the Class B-5 Certificates pursuant to
Paragraphs seventeenth, eighteenth, and nineteenth of Section 4.01(a)(i).
Class B-5 Interest Shortfall Amount: As to any Distribution Date, any
amount by which the Interest Accrual Amount of the Class B-5 Certificates with
respect to such Distribution Date exceeds the amount distributed in respect of
the Class B-5 Certificates on such Distribution Date pursuant to Paragraph
seventeenth of Section 4.01(a)(i).
Class B-5 Optimal Principal Amount: As to any Distribution Date, an amount
equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x)
the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-5 Percentage of (A) the principal portion of the
Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-5 Prepayment Percentage of all Unscheduled Principal
Receipts that were received by a Servicer with respect to such Mortgage
Loan during the Applicable Unscheduled Principal Receipt Period relating to
such Distribution Date for each applicable type of Unscheduled Principal
Receipt;
(iii) the Class B-5 Prepayment Percentage of the Scheduled Principal
Balance of such Mortgage Loan which, during the month preceding the month
of such Distribution Date, was repurchased by the Seller pursuant to
Section 2.02 or 2.03; and
(iv) the Class B-5 Percentage of the excess of the unpaid principal
balance of such Mortgage Loan substituted for a defective Mortgage Loan
during the month preceding the month in which such Distribution Date occurs
over the unpaid principal balance of such defective Mortgage Loan, less the
amount allocable to the principal portion of any unreimbursed Periodic
Advances previously made by the applicable Servicer, the Master Servicer or
the Trustee in respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-5 Optimal Principal Amount
will equal the lesser of (A) the Class B-5 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-5 Certificates.
Class B-5 Percentage: As to any Distribution Date, except as set forth in
the next sentence, the percentage calculated by multiplying (i) the Subordinated
Percentage by (ii) a fraction, the numerator of which is the Class B-5 Principal
Balance (determined as of the Determination Date preceding such Distribution
Date) and the denominator of which is the sum of the Principal Balances of the
Classes of Class B Certificates eligible to receive principal distributions for
such Distribution Date in accordance with the provisions of Section 4.01(d).
Except as set forth in Section 4.01(d)(ii), in the event that the Class B-5
Certificates are not eligible to receive distributions of principal in
accordance with Section 4.01(d)(i), the Class B-5 Percentage for such
Distribution Date will be zero.
Class B-5 Prepayment Percentage: As to any Distribution Date, except as set
forth in the next sentence, the percentage calculated by multiplying (i) the
Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is
the Class B-5 Principal Balance (determined as of the Determination Date
preceding such Distribution Date) and the denominator of which is the sum of the
Principal Balances of the Classes of Class B Certificates eligible to receive
principal distributions for such Distribution Date in accordance with the
provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in
the event that the Class B-5 Certificates are not eligible to receive
distributions of principal in accordance with Section 4.01(d)(i), the Class B-5
Prepayment Percentage for such Distribution Date will be zero.
Class B-5 Principal Balance: As to the first Determination Date, the
Original Class B-5 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-5 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-5 Certificates on
prior Distribution Dates (A) pursuant to Paragraph nineteenth of Section
4.01(a)(i) and (B) as a result of a Principal Adjustment and (b) the Realized
Losses allocated through such Determination Date to the Class B-5 Certificates
pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the
preceding Distribution Date less the sum of the Class A Principal Balance, the
Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3
Principal Balance and the Class B-4 Principal Balance as of such Determination
Date.
Class B-5 Unpaid Interest Shortfall: As to any Distribution Date, the
amount, if any, by which the aggregate of the Class B-5 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-5 Certificates on prior Distribution Dates pursuant to
Paragraph eighteenth of Section 4.01(a)(i).
Class B-6 Certificate: Any one of the Certificates executed by the Trustee
and authenticated by the Trustee or the Authenticating Agent in substantially
the form set forth in Exhibit B-6 and Exhibit C hereto.
Class B-6 Certificateholder: The registered holder of a Class B-6
Certificate.
Class B-6 Distribution Amount: As to any Distribution Date, any amount
distributable to the Holders of the Class B-6 Certificates pursuant to
Paragraphs twentieth, twenty-first and twenty-second of Section 4.01(a)(i).
Class B-6 Interest Shortfall Amount: As to any Distribution Date, any
amount by which the Interest Accrual Amount of the Class B-6 Certificates with
respect to such Distribution Date exceeds the amount distributed in respect of
the Class B-6 Certificates on such Distribution Date pursuant to Paragraph
twentieth of Section 4.01(a)(i).
Class B-6 Optimal Principal Amount: As to any Distribution Date, an amount
equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x)
the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-6 Percentage of (A) the principal portion of the
Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-6 Prepayment Percentage of all Unscheduled Principal
Receipts that were received by a Servicer with respect to such Mortgage
Loan during the Applicable Unscheduled Principal Receipt Period relating to
such Distribution Date for each applicable type of Unscheduled Principal
Receipt;
(iii) the Class B-6 Prepayment Percentage of the Scheduled Principal
Balance of such Mortgage Loan which, during the month preceding the month
of such Distribution Date, was repurchased by the Seller pursuant to
Section 2.02 or 2.03; and
(iv) the Class B-6 Percentage of the excess of the unpaid principal
balance of such Mortgage Loan substituted for a defective Mortgage Loan
during the month preceding the month in which such Distribution Date occurs
over the unpaid principal balance of such defective Mortgage Loan, less the
amount allocable to the principal portion of any unreimbursed Periodic
Advances previously made by the applicable Servicer, the Master Servicer or
the Trustee in respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-6 Optimal Principal Amount
will equal the lesser of (A) the Class B-6 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-6 Certificates.
Class B-6 Percentage: As to any Distribution Date, except as set forth in
the next sentence, the percentage calculated by multiplying (i) the Subordinated
Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal
Balance (determined as of the Determination Date preceding such Distribution
Date) and the denominator of which is the sum of the Principal Balances of the
Classes of Class B Certificates eligible to receive principal distributions for
such Distribution Date in accordance with the provisions of Section 4.01(d).
Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6
Certificates are not eligible to receive distributions of principal in
accordance with the provisions of Section 4.01(d)(i), the Class B-6 Percentage
for such Distribution Date will be zero.
Class B-6 Prepayment Percentage: As to any Distribution Date, except as set
forth in the next sentence, the percentage calculated by multiplying (i) the
Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is
the Class B-6 Principal Balance (determined as of the Determination Date
preceding such Distribution Date) and the denominator of which is the sum of the
Principal Balances of the Classes of Class B Certificates eligible to receive
principal distributions for such Distribution Date in accordance with the
provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in
the event that the Class B-6 Certificates are not eligible to receive
distributions of principal in accordance with the provisions of Section
4.01(d)(i), the Class B-6 Prepayment Percentage for such Distribution Date will
be zero.
Class B-6 Principal Balance: As to the first Determination Date, the
Original Class B-6 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-6 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-6 Certificates on
prior Distribution Dates pursuant to Paragraph twenty-second of Section
4.01(a)(i) and (b) the Realized Losses allocated through such Determination Date
to the Class B-6 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted
Pool Amount as of the preceding Distribution Date less the Class A Principal
Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the
Class B-3 Principal Balance, the Class B-4 Principal Balance and the Class B-5
Principal Balance as of such Determination Date.
Class B-6 Unpaid Interest Shortfall: As to any Distribution Date, the
amount, if any, by which the aggregate of the Class B-6 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-6 Certificates on prior Distribution Dates pursuant to
Paragraph twenty-first of Section 4.01(a)(i).
Class B-L1 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class B-L2 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class B-L3 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class B-L4 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class B-L5 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Class B-L6 Interest: A regular interest in the Lower-Tier REMIC which is
held as an asset of the Upper-Tier REMIC and is entitled to monthly
distributions as provided in Section 4.01(a)(ii) hereof.
Clearing Agency: An organization registered as a "clearing agency" pursuant
to Section 17A of the Securities Exchange Act of 1934, as amended. The initial
Clearing Agency shall be The Depository Trust Company.
Clearing Agency Indirect Participant: A broker, dealer, bank, financial
institution or other Person that clears securities transactions through or
maintains a custodial relationship with a Clearing Agency Participant, either
directly or indirectly.
Clearing Agency Participant: A broker, dealer, bank, financial institution
or other Person for whom a Clearing Agency effects book-entry transfers of
securities deposited with the Clearing Agency.
Closing Date: The date of initial issuance of the Certificates, as set
forth in Section 11.21.
Code: The Internal Revenue Code of 1986, as it may be amended from time to
time, any successor statutes thereto, and applicable U.S. Department of the
Treasury temporary or final regulations promulgated thereunder.
Compensating Interest: As to any Distribution Date, the lesser of (a) the
product of (i) 1/12th of 0.20% and (ii) the Pool Scheduled Principal Balance for
such Distribution Date and (b) the Available Master Servicing Compensation for
such Distribution Date.
Co-op Shares: Shares issued by private non-profit housing corporations.
Corporate Trust Office: The principal office of the Trustee, at which at
any particular time its corporate trust business shall be administered, which
office at the date of the execution of this instrument is located at 230 South
Tryon Street, Charlotte, North Carolina 28288.
Corresponding Upper-Tier Class or Classes: As to the following
Uncertificated Lower-Tier Interests, the Corresponding Upper-Tier Class or
Classes, as follows:
UNCERTIFICATED CORRESPONDING UPPER-TIER
LOWER-TIER INTEREST CLASS OR CLASSES
Class A-L1 Interest Class A-1 Certificates, Class A-2 Certificates,
Class A-3 Certificates, Class A-5 Certificates,
Class A-8 Certificates, Class A-12 Certificates,
Class A-13 Certificates, Class A-14 Certificates,
Class A-19 Certificates and Class A-20
Certificates
Class A-L6 Interest Class A-6 Certificates and Class A-9 Certificates
Class A-L10 Interest Class A-10 Certificates
Class A-L11 Interest Class A-11 Certificates, Class A-15 Certificates
and Class A-16 Certificates
Class A-L17 Interest Class A-7 Certificates, Class A-17 Certificates
and Class A-18 Certificates
Class A-LPO Interest Class A-PO Certificates
Class A-LUR Interest Class A-R Certificate
Class B-L1 Interest Class B-1 Certificates
Class B-L2 Interest Class B-2 Certificates
Class B-L3 Interest Class B-3 Certificates
Class B-L4 Interest Class B-4 Certificates
Class B-L5 Interest Class B-5 Certificates
Class B-L6 Interest Class B-6 Certificates
Cross-Over Date: The Distribution Date preceding the first Distribution
Date on which the Class A Percentage (determined pursuant to clause (ii) of the
definition thereof) equals or exceeds 100%.
Cross-Over Date Interest Shortfall: With respect to any Distribution Date
that occurs on or after the Cross-Over Date with respect to any Unscheduled
Principal Receipt (other than a Prepayment in Full):
(A) in the case where the Applicable Unscheduled Principal Receipt Period
is the Mid-Month Receipt Period and such Unscheduled Principal Receipt
is received by the Servicer on or after the Determination Date in the
month preceding the month of such Distribution Date but prior to the
first day of the month of such Distribution Date, the amount of
interest that would have accrued at the Net Mortgage Interest Rate on
the amount of such Unscheduled Principal Receipt from the day of its
receipt or, if earlier, its application by the Servicer through the
last day of the month preceding the month of such Distribution Date;
and
(B) in the case where the Applicable Unscheduled Principal Receipt Period
is the Prior Month Receipt Period and such Unscheduled Principal
Receipt is received by the Servicer during the month preceding the
month of such Distribution Date, the amount of interest that would
have accrued at the Net Mortgage Interest Rate on the amount of such
Unscheduled Principal Receipt from the day of its receipt or, if
earlier, its application by the Servicer through the last day of the
month in which such Unscheduled Principal Receipt is received.
Current Class A Interest Distribution Amount: As to any Distribution Date,
the amount distributed in respect of the Classes of Class A Certificates and the
Premium Payment pursuant to Paragraph first of Section 4.01(a)(i) on such
Distribution Date.
Current Class B Interest Distribution Amount: As to any Distribution Date,
the amount distributed in respect of the Classes of Class B Certificates
pursuant to Paragraphs fifth, eighth, eleventh, fourteenth, seventeenth and
twentieth of Section 4.01(a)(i) on such Distribution Date.
Current Class B-1 Fractional Interest: As to any Distribution Date
subsequent to the first Distribution Date, the percentage obtained by dividing
the sum of the Principal Balances of the Class B-2, Class B-3, Class B-4, Class
B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal
Balance and the Class B Principal Balance. As to the first Distribution Date,
the Original Class B-1 Fractional Interest.
Current Class B-2 Fractional Interest: As to any Distribution Date
subsequent to the first Distribution Date, the percentage obtained by dividing
the sum of the Principal Balances of the Class B-3, Class B-4, Class B-5 and
Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and
the Class B Principal Balance. As to the first Distribution Date, the Original
Class B-2 Fractional Interest.
Current Class B-3 Fractional Interest: As to any Distribution Date
subsequent to the first Distribution Date, the percentage obtained by dividing
the sum of the Principal Balances of the Class B-4, Class B-5 and Class B-6
Certificates by the sum of the Class A Non-PO Principal Balance and the Class B
Principal Balance. As to the first Distribution Date, the Original Class B-3
Fractional Interest.
Current Class B-4 Fractional Interest: As to any Distribution Date
subsequent to the first Distribution Date, the percentage obtained by dividing
the sum of the Principal Balances of the Class B-5 and Class B-6 Certificates by
the sum of the Class A Non-PO Principal Balance and the Class B Principal
Balance. As to the first Distribution Date, the Original Class B-4 Fractional
Interest.
Current Class B-5 Fractional Interest: As to any Distribution Date
subsequent to the first Distribution Date, the percentage obtained by dividing
the Principal Balance of the Class B-6 Certificates by the sum of the Class A
Non-PO Principal Balance and the Class B Principal Balance. As to the first
Distribution Date, the Original Class B-5 Fractional Interest.
Curtailment: Any Principal Prepayment made by a Mortgagor which is not a
Prepayment in Full.
Custodial Agreement: The Custodial Agreement, if any, from time to time in
effect between the Custodian named therein, the Seller, the Master Servicer and
the Trustee, substantially in the form of Exhibit E hereto, as the same may be
amended or modified from time to time in accordance with the terms thereof.
Custodial P&I Account: The Custodial P&I Account, as defined in each of the
Servicing Agreements, with respect to the Mortgage Loans. In determining whether
the Custodial P&I Account under any Servicing Agreement is "acceptable" to the
Master Servicer (as may be required by the definition of "Eligible Account"
contained in the Servicing Agreements), the Master Servicer shall require that
any such account shall be acceptable to each of the Rating Agencies.
Custodian: Initially, the Trustee, and thereafter the Custodian, if any,
hereafter appointed by the Trustee pursuant to Section 8.13, or its successor in
interest under the Custodial Agreement. The Custodian may (but need not) be the
Trustee or any Person directly or indirectly controlling or controlled by or
under common control of either of them. Neither a Servicer, nor the Seller nor
the Master Servicer nor any Person directly or indirectly controlling or
controlled by or under common control with any such Person may be appointed
Custodian.
Cut-Off Date: The first day of the month of initial issuance of the
Certificates as set forth in Section 11.02.
Cut-Off Date Aggregate Principal Balance: The aggregate of the Cut-Off Date
Principal Balances of the Mortgage Loans is as set forth in Section 11.03.
Cut-Off Date Principal Balance: As to each Mortgage Loan, its unpaid
principal balance as of the close of business on the Cut-Off Date (but without
giving effect to any Unscheduled Principal Receipts received or applied on the
Cut-Off Date), reduced by all payments of principal due on or before the Cut-Off
Date and not paid, and increased by scheduled monthly payments of principal due
after the Cut-Off Date but received by the related Servicer on or before the
Cut-Off Date.
DCR: Duff and Phelps Credit Rating Co., or its successor in interest.
Debt Service Reduction: With respect to any Mortgage Loan, a reduction in
the scheduled Monthly Payment for such Mortgage Loan by a court of competent
jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction
constituting a Deficient Valuation.
Deceased Holder: A Beneficial Owner of a Class A-7 or Class A-18
Certificate who was living at the time such interest was acquired, whose death
is deemed to have occurred pursuant to Section 4.07(b), and with respect to
which the Trustee has received through the Clearing Agency evidence of death
satisfactory to the Trustee and any tax waivers requested by the Trustee.
Deficient Valuation: With respect to any Mortgage Loan, a valuation by a
court of competent jurisdiction of the Mortgaged Property in an amount less than
the then-outstanding indebtedness under the Mortgage Loan, or any reduction in
the amount of principal to be paid in connection with any scheduled Monthly
Payment that results in a permanent forgiveness of principal, which valuation or
reduction results from a proceeding under the Bankruptcy Code.
Definitive Certificates: As defined in Section 5.01(b).
Denomination: The amount, if any, specified on the face of each Certificate
(other than the Class A-17 Certificates) representing the principal portion of
the Cut-Off Date Aggregate Principal Balance evidenced by such Certificate. As
to the Class A-17 Certificates, the amount specified on the face of each such
Certificate representing the portion of the Original Class A-17 Notional Amount.
Determination Date: The 17th day of the month in which the related
Distribution Date occurs, or if such 17th day is not a Business Day, the
Business Day preceding such 17th day.
Discount Mortgage Loan: A Mortgage Loan with a Net Mortgage Interest Rate
of less than 6.750%.
Distribution Date: The 25th day of any month, beginning in the month
following the month of initial issuance of the Certificates, or if such 25th day
is not a Business Day, the Business Day following such 25th day.
DLJ: Donaldson, Lufkin & Jenrette Securities Corporation or its successor
in interest.
Dual Collateral Pledge Agreement: As defined in the NOVUS Servicing
Agreement.
Due Date: With respect to any Mortgage Loan, the day of the month in which
the Monthly Payment on such Mortgage Loan is scheduled to be paid.
Eligible Account: One or more accounts (i) that are maintained with a
depository institution (which may be the Master Servicer) whose long-term debt
obligations (or, in the case of a depository institution which is part of a
holding company structure, the long-term debt obligations of such parent holding
company) at the time of deposit therein are rated at least "AA" (or the
equivalent) by each of the Rating Agencies, (ii) the deposits in which are fully
insured by the FDIC through either the Bank Insurance Fund or the Savings
Association Insurance Fund, (iii) the deposits in which are insured by the FDIC
through either the Bank Insurance Fund or the Savings Association Insurance Fund
(to the limit established by the FDIC) and the uninsured deposits in which
accounts are otherwise secured, as evidenced by an Opinion of Counsel delivered
to the Trustee, such that the Trustee, on behalf of the Certificateholders has a
claim with respect to the funds in such accounts or a perfected first security
interest against any collateral securing such funds that is superior to claims
of any other depositors or creditors of the depository institution with which
such accounts are maintained, (iv) that are trust accounts maintained with the
trust department of a federal or state chartered depository institution or trust
company acting in its fiduciary capacity or (v) such other account that is
acceptable to each of the Rating Agencies and would not cause the Trust Estate
to fail to qualify as two separate REMICs or result in the imposition of any
federal tax on either of the Upper-Tier REMIC or the Lower-Tier REMIC.
Eligible Investments: At any time, any one or more of the following
obligations and securities which shall mature not later than the Business Day
preceding the Distribution Date next succeeding the date of such investment,
provided that such investments continue to qualify as "cash flow investments" as
defined in Code Section 860G(a)(6):
(i) obligations of the United States of America or any agency thereof,
provided such obligations are backed by the full faith and credit of the
United States of America;
(ii) general obligations of or obligations guaranteed by any state of
the United States of America or the District of Columbia receiving the
highest short-term or highest long-term rating of each Rating Agency, or
such lower rating as would not result in the downgrading or withdrawal of
the rating then assigned to any of the Certificates by either Rating Agency
or result in any of such rated Certificates being placed on credit review
status (other than for possible upgrading) (or, in the case of the Class
A-7 or Class A-18 Certificates, without giving effect to the guaranty
provided by Ambac) by either Rating Agency;
(iii) commercial or finance company paper which is then rated in the
highest long-term commercial or finance company paper rating category of
each Rating Agency or the highest short-term rating category of each Rating
Agency, or such lower rating category as would not result in the
downgrading or withdrawal of the rating then assigned to any of the
Certificates by either Rating Agency or result in any of such rated
Certificates being placed on credit review status (other than for possible
upgrading) (or, in the case of the Class A-7 or Class A-18 Certificates,
without giving effect to the guaranty provided by Ambac) by either Rating
Agency;
(iv) certificates of deposit, demand or time deposits, federal funds
or banker's acceptances issued by any depository institution or trust
company incorporated under the laws of the United States or of any state
thereof and subject to supervision and examination by federal and/or state
banking authorities, provided that the commercial paper and/or debt
obligations of such depository institution or trust company (or in the case
of the principal depository institution in a holding company system, the
commercial paper or debt obligations of such holding company) are then
rated in the highest short-term or the highest long-term rating category
for such securities of each of the Rating Agencies, or such lower rating
categories as would not result in the downgrading or withdrawal of the
rating then assigned to any of the Certificates by either Rating Agency or
result in any of such rated Certificates being placed on credit review
status (other than for possible upgrading) (or, in the case of the Class
A-7 or Class A-18 Certificates, without giving effect to the guaranty
provided by Ambac) by either Rating Agency;
(v) guaranteed reinvestment agreements issued by any bank, insurance
company or other corporation acceptable to each Rating Agency at the time
of the issuance of such agreements;
(vi) repurchase agreements on obligations with respect to any security
described in clauses (i) or (ii) above or any other security issued or
guaranteed by an agency or instrumentality of the United States of America,
in either case entered into with a depository institution or trust company
(acting as principal) described in (iv) above;
(vii) securities (other than stripped bonds or stripped coupon
securities) bearing interest or sold at a discount issued by any
corporation incorporated under the laws of the United States of America or
any state thereof which, at the time of such investment or contractual
commitment providing for such investment, are then rated in the highest
short-term or the highest long-term rating category by each Rating Agency,
or in such lower rating category as would not result in the downgrading or
withdrawal of the rating then assigned to any of the Certificates by either
Rating Agency or result in any of such rated Certificates being placed on
credit review status (other than for possible upgrading) (or, in the case
of the Class A-7 or Class A-18 Certificates, without giving effect to the
guaranty provided by Ambac) by either Rating Agency; and
(viii) such other investments acceptable to each Rating Agency as
would not result in the downgrading of the rating then assigned to the
Certificates by either Rating Agency or result in any of such rated
Certificates being placed on credit review status (other than for possible
upgrading) (or, in the case of the Class A-7 or Class A-18 Certificates,
without giving effect to the guaranty provided by Ambac) by either Rating
Agency.
In no event shall an instrument be an Eligible Investment if such
instrument evidences either (i) a right to receive only interest payments with
respect to the obligations underlying such instrument, or (ii) both principal
and interest payments derived from obligations underlying such instrument and
the interest and principal payments with respect to such instrument provide a
yield to maturity at the date of investment of greater than 120% of the yield to
maturity at par of such underlying obligations.
ERISA: The Employee Retirement Income Security Act of 1974, as amended.
ERISA Prohibited Holder: As defined in Section 5.02(d).
Errors and Omissions Policy: As defined in each of the Servicing
Agreements.
Event of Default: Any of the events specified in Section 7.01.
Excess Bankruptcy Loss: With respect to any Distribution Date and any
Mortgage Loan as to which a Bankruptcy Loss is realized in the month preceding
the month of such Distribution Date, (i) if the Aggregate Current Bankruptcy
Losses with respect to such Distribution Date exceed the then-applicable
Bankruptcy Loss Amount, then the portion of such Bankruptcy Loss represented by
the ratio of (a) the excess of the Aggregate Current Bankruptcy Losses over the
then-applicable Bankruptcy Loss Amount, divided by (b) the Aggregate Current
Bankruptcy Losses or (ii) if the Aggregate Current Bankruptcy Losses with
respect to such Distribution Date are less than or equal to the then-applicable
Bankruptcy Loss Amount, then zero. In addition, any Bankruptcy Loss occurring
with respect to a Mortgage Loan on or after the Cross-Over Date will be an
Excess Bankruptcy Loss.
Excess Fraud Loss: With respect to any Distribution Date and any Mortgage
Loan as to which a Fraud Loss is realized in the month preceding the month of
such Distribution Date, (i) if the Aggregate Current Fraud Losses with respect
to such Distribution Date exceed the then-applicable Fraud Loss Amount, then the
portion of such Fraud Loss represented by the ratio of (a) the excess of the
Aggregate Current Fraud Losses over the then-applicable Fraud Loss Amount,
divided by (b) the Aggregate Current Fraud Losses, or (ii) if the Aggregate
Current Fraud Losses with respect to such Distribution Date are less than or
equal to the then-applicable Fraud Loss Amount, then zero. In addition, any
Fraud Loss occurring with respect to a Mortgage Loan on or after the Cross-Over
Date will be an Excess Fraud Loss.
Excess Special Hazard Loss: With respect to any Distribution Date and any
Mortgage Loan as to which a Special Hazard Loss is realized in the month
preceding the month of such Distribution Date, (i) if the Aggregate Current
Special Hazard Losses with respect to such Distribution Date exceed the
then-applicable Special Hazard Loss Amount, then the portion of such Special
Hazard Loss represented by the ratio of (a) the excess of the Aggregate Current
Special Hazard Losses over the then-applicable Special Hazard Loss Amount,
divided by (b) the Aggregate Current Special Hazard Losses, or (ii) if the
Aggregate Current Special Hazard Losses with respect to such Distribution Date
are less than or equal to the then-applicable Special Hazard Loss Amount, then
zero. In addition, any Special Hazard Loss occurring with respect to a Mortgage
Loan on or after the Cross-Over Date will be an Excess Special Hazard Loss.
Exhibit F-1 Mortgage Loan: Any of the Mortgage Loans identified in Exhibit
F-1 hereto, as such Exhibit may be amended from time to time in connection with
a substitution pursuant to Section 2.02, which Mortgage Loan is serviced in
locations other than Frederick, Maryland under the Norwest Servicing Agreement.
Exhibit F-2 Mortgage Loan: Any of the Mortgage Loans identified in Exhibit
F-2 hereto, as such Exhibit may be amended from time to time in connection with
a substitution pursuant to Section 2.02, which Mortgage Loan is serviced in
Frederick, Maryland under the Norwest Servicing Agreement.
Exhibit F-3 Mortgage Loan: Any of the Mortgage Loans identified in Exhibit
F-3 hereto, as such Exhibit may be amended from time to time in connection with
a substitution pursuant to Section 2.02, which Mortgage Loan is serviced under
an Other Servicing Agreement.
FDIC: The Federal Deposit Insurance Corporation or any successor thereto.
FHLMC: The Federal Home Loan Mortgage Corporation or any successor thereto.
Fidelity Bond: As defined in each of the Servicing Agreements.
Final Distribution Date: The Distribution Date on which the final
distribution in respect of the Certificates is made pursuant to Section 9.01.
Final Scheduled Maturity Date: The Final Scheduled Maturity Date for 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 A-11, Class A-12, Class A-13, Class
A-14, Class A-15, Class A-16, Class A-17, Class A-18, Class A-19, Class A-20,
Class A-PO, Class A-R, Class A-LR, Class B-1, Class B-2, Class B-3, Class B-4,
Class B-5 and Class B-6 Certificates is August 25, 2029 which corresponds to the
"latest possible maturity date" for purposes of Section 860G(a)(1) of the
Internal Revenue Code of 1986, as amended.
Fixed Retained Yield: The fixed percentage of interest on each Mortgage
Loan with a Mortgage Interest Rate greater than the sum of (a) 6.750%, (b) the
Servicing Fee Rate and (c) the Master Servicing Fee Rate, which will be
determined on a loan by loan basis and will equal the Mortgage Interest Rate on
each Mortgage Loan minus the sum of (a), (b) and (c), which is not assigned to
and not part of the Trust Estate.
Fixed Retained Yield Rate: With respect to each Mortgage Loan, a per annum
rate equal to the greater of (a) zero and (b) the Mortgage Interest Rate on such
Mortgage Loan minus the sum of (i) 6.750%, (ii) the Servicing Fee Rate and (iii)
the Master Servicing Fee Rate.
FNMA: Fannie Mae or any successor thereto.
Foreclosure Profits: As to any Distribution Date, the excess, if any, of
(i) Net Liquidation Proceeds in respect of each Mortgage Loan that became a
Liquidated Loan during the Applicable Unscheduled Principal Receipt Period with
respect to Full Unscheduled Principal Receipts for such Distribution Date over
(ii) the sum of the unpaid principal balance of each such Liquidated Loan plus
accrued and unpaid interest at the applicable Mortgage Interest Rate on the
unpaid principal balance thereof from the Due Date to which interest was last
paid by the Mortgagor (or, in the case of a Liquidated Loan that had been an REO
Mortgage Loan, from the Due Date to which interest was last deemed to have been
paid) to the first day of the month in which such Distribution Date occurs.
Fraud Loss: A Liquidated Loan Loss as to which there was fraud in the
origination of such Mortgage Loan.
Fraud Loss Amount: As of any Distribution Date after the Cut-Off Date an
amount equal to: (X) prior to the first anniversary of the Cut-Off Date an
amount equal to $17,001,829.72 minus the aggregate amount of Fraud Losses
allocated solely to the Class B Certificates in accordance with Section 4.02(a)
since the Cut-Off Date, and (Y) from the first through fifth anniversary of the
Cut-Off Date, an amount equal to (1) the lesser of (a) the Fraud Loss Amount as
of the most recent anniversary of the Cut-Off Date and (b) 1.00% of the
aggregate outstanding principal balance of all of the Mortgage Loans as of the
most recent anniversary of the Cut-Off Date minus (2) the Fraud Losses allocated
solely to the Class B Certificates in accordance with Section 4.02(a) since the
most recent anniversary of the Cut-Off Date. On and after the Cross-Over Date or
after the fifth anniversary of the Cut-Off Date the Fraud Loss Amount shall be
zero.
Full Unscheduled Principal Receipt: Any Unscheduled Principal Receipt with
respect to a Mortgage Loan (i) in the amount of the outstanding principal
balance of such Mortgage Loan and resulting in the full satisfaction of such
Mortgage Loan or (ii) representing Liquidation Proceeds other than Partial
Liquidation Proceeds.
Holder: See "Certificateholder."
Independent: When used with respect to any specified Person, such Person
who (i) is in fact independent of the Seller, the Master Servicer and any
Servicer, (ii) does not have any direct financial interest or any material
indirect financial interest in the Seller or the Master Servicer or any Servicer
or in an affiliate of either, and (iii) is not connected with the Seller, the
Master Servicer or any Servicer as an officer, employee, promoter, underwriter,
trustee, trust administrator, partner, director or person performing similar
functions.
Individual Class A-7 Certificate: A Class A-7 Certificate which evidences
$1,000 Original Principal Balance.
Individual Class A-18 Certificate: A Class A-18 Certificate which evidences
$1,000 Original Principal Balance.
Insurance Policy: Any insurance or performance bond relating to a Mortgage
Loan or the Mortgage Loans, including any hazard insurance, special hazard
insurance, flood insurance, primary mortgage insurance, mortgagor bankruptcy
bond or title insurance.
Insurance Proceeds: Proceeds paid by any insurer pursuant to any Insurance
Policy covering a Mortgage Loan.
Insured Expenses: Expenses covered by any Insurance Policy covering a
Mortgage Loan.
Interest Accrual Amount: As to any Distribution Date and any Class of Class
A Certificates (other than the Class A-10, Class A-17 and Class A-PO
Certificates), (a) the product of (i) 1/12th of the Class A Pass-Through Rate
for such Class and (ii) the Principal Balance of such Class as of the
Determination Date preceding such Distribution Date minus (b) the Class A
Interest Percentage of such Class of (i) any Non-Supported Interest Shortfall
allocated to the Class A Certificates and the Premium Payment with respect to
such Distribution Date, (ii) the interest portion of any Excess Special Hazard
Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class
A Certificates and the Premium Payment with respect to such Distribution Date
pursuant to Section 4.02(e) and (iii) the interest portion of any Realized
Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess
Bankruptcy Losses) allocated to the Class A Certificates and the Premium Payment
on or after the Cross-Over Date pursuant to Section 4.02(e). As to any
Distribution Date and the Class A-17 Certificates, the Class A-17 Interest
Accrual Amount. The Class A-10 and Class A-PO Certificates have no Interest
Accrual Amount.
As to any Distribution Date and any Class of Class B Certificates, an
amount equal to (i) the product of 1/12th of the Class B Pass-Through Rate and
the Principal Balance of such Class as of the Determination Date preceding such
Distribution Date minus (ii) the Class B Interest Percentage of such Class of
(x) any Non-Supported Interest Shortfall allocated to the Class B Certificates
with respect to such Distribution Date and (y) the interest portion of any
Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses
allocated to the Class B Certificates with respect to such Distribution Date
pursuant to Section 4.02(e).
Liquidated Loan: A Mortgage Loan with respect to which the related
Mortgaged Property has been acquired, liquidated or foreclosed and with respect
to which the applicable Servicer determines that all Liquidation Proceeds which
it expects to recover have been recovered.
Liquidated Loan Loss: With respect to any Distribution Date, the aggregate
of the amount of losses with respect to each Mortgage Loan which became a
Liquidated Loan during the Applicable Unscheduled Principal Receipt Period with
respect to Full Unscheduled Principal Receipts for such Distribution Date, equal
to the excess of (i) the unpaid principal balance of each such Liquidated Loan,
plus accrued interest thereon in accordance with the amortization schedule at
the time applicable thereto at the applicable Net Mortgage Interest Rate from
the Due Date as to which interest was last paid with respect thereto through the
last day of the month preceding the month in which such Distribution Date
occurs, over (ii) Net Liquidation Proceeds with respect to such Liquidated Loan.
Liquidation Expenses: Expenses incurred by a Servicer in connection with
the liquidation of any defaulted Mortgage Loan or property acquired in respect
thereof (including, without limitation, legal fees and expenses, committee or
referee fees, and, if applicable, brokerage commissions and conveyance taxes),
any unreimbursed advances expended by such Servicer pursuant to its Servicing
Agreement or the Master Servicer or Trustee pursuant hereto respecting the
related Mortgage Loan, including any unreimbursed advances for real property
taxes or for property restoration or preservation of the related Mortgaged
Property. Liquidation Expenses shall not include any previously incurred
expenses in respect of an REO Mortgage Loan which have been netted against
related REO Proceeds.
Liquidation Proceeds: Amounts received by a Servicer (including Insurance
Proceeds) in connection with the liquidation of defaulted Mortgage Loans or
property acquired in respect thereof, whether through foreclosure, sale or
otherwise, including payments in connection with such Mortgage Loans received
from the Mortgagor, other than amounts required to be paid to the Mortgagor
pursuant to the terms of the applicable Mortgage or to be applied otherwise
pursuant to law.
Living Holder: Beneficial Owner of the Class A-7 or Class A-18 Certificates
other than a Deceased Holder.
Loan-to-Value Ratio: The ratio, expressed as a percentage, the numerator of
which is the principal balance of a particular Mortgage Loan at origination and
the denominator of which is the lesser of (x) the appraised value of the related
Mortgaged Property determined in the appraisal used by the originator at the
time of origination of such Mortgage Loan, and (y) if the Mortgage is originated
in connection with a sale of the Mortgaged Property, the sale price for such
Mortgaged Property.
Lower-Tier Distribution Amount: As defined in Section 4.01(a)(ii).
Lower-Tier REMIC: One of two separate REMICs comprising the Trust Estate,
the assets of which consist of the Mortgage Loans (other than Fixed Retained
Yield), such amounts as shall from time to time be held in the Certificate
Account (other than Fixed Retained Yield), the Rounding Account, the insurance
policies, if any, relating to a Mortgage Loan and property which secured a
Mortgage Loan and which has been acquired by foreclosure or deed in lieu of
foreclosure, and the rights of the Trustee under the Policy. None of the Reserve
Funds, the Policy or the Policy Payment Account shall be part of the Lower-Tier
REMIC.
Master Servicer: Norwest Bank Minnesota, National Association, or its
successor in interest.
Master Servicing Fee: With respect to any Mortgage Loan and any
Distribution Date, the fee payable monthly to the Master Servicer pursuant to
Section 6.05 equal to a fixed percentage (expressed as a per annum rate) of the
unpaid principal balance of such Mortgage Loan.
Master Servicing Fee Rate: As set forth in Section 11.26.
Mid-Month Receipt Period: With respect to each Distribution Date, the one
month period beginning on the Determination Date (or, in the case of the first
Distribution Date, from and including the Cut-Off-Date) occurring in the
calendar month preceding the month in which such Distribution Date occurs and
ending on the day preceding the Determination Date immediately preceding such
Distribution Date.
MLCC Additional Collateral: The Additional Collateral, as defined in the
MLCC Servicing Agreement.
MLCC Additional Collateral Mortgage Loans: The Additional Collateral
Mortgage Loans, as defined in the MLCC Servicing Agreement.
MLCC Mortgage Loan Purchase Agreement: The master mortgage loan purchase
agreement dated as of April 1, 1998 between Merrill Lynch Credit Corporation, as
seller, and Norwest Funding, Inc., as purchaser.
MLCC Servicing Agreement: The Servicing Agreement executed by Merrill Lynch
Credit Corporation, as Servicer.
MLCC Surety Bond: The Surety Bond, as defined in the MLCC Servicing
Agreement.
Month End Interest: As defined in each Servicing Agreement or with respect
to the MLCC Servicing Agreement, the amount defined as "Compensating Interest."
Moody's: Moody's Investors Service, Inc., or its successor in interest.
Monthly Payment: As to any Mortgage Loan (including any REO Mortgage Loan)
and any Due Date, the payment of principal and interest due thereon in
accordance with the amortization schedule at the time applicable thereto (after
adjustment for any Curtailments and Deficient Valuations occurring prior to such
Due Date but before any adjustment to such amortization schedule, other than for
Deficient Valuations, by reason of any bankruptcy or similar proceeding or any
moratorium or similar waiver or grace period).
Mortgage: The mortgage, deed of trust or other instrument creating a first
lien on Mortgaged Property securing a Mortgage Note together with any Mortgage
Loan Rider, if applicable.
Mortgage 100sm Pledge Agreement: As defined in the MLCC Servicing
Agreement.
Mortgage Interest Rate: As to any Mortgage Loan, the per annum rate at
which interest accrues on the unpaid principal balance thereof as set forth in
the related Mortgage Note, which rate is as indicated on the Mortgage Loan
Schedule.
Mortgage Loan Purchase Agreement: The mortgage loan purchase agreement
dated as of July 29, 1999 between Norwest Mortgage, as seller, and the Seller,
as purchaser.
Mortgage Loan Rider: The standard FNMA/FHLMC riders to the Mortgage Note
and/or Mortgage riders required when the Mortgaged Property is a condominium
unit or a unit in a planned unit development.
Mortgage Loan Schedule: The list of the Mortgage Loans transferred to the
Trustee on the Closing Date as part of the Trust Estate and attached hereto as
Exhibits F-1, F-2 and F-3, which list may be amended following the Closing Date
upon conveyance of a Substitute Mortgage Loan pursuant to Section 2.02 or 2.03
and which list shall set forth at a minimum the following information of the
close of business on the Cut-Off Date (or, with respect to Substitute Mortgage
Loans, as of the close of business on the day of substitution) as to each
Mortgage Loan:
(i) the Mortgage Loan identifying number;
(ii) the city, state and zip code of the Mortgaged Property;
(iii) the type of property;
(iv) the Mortgage Interest Rate;
(v) the Net Mortgage Interest Rate;
(vi) the Monthly Payment;
(vii) the original number of months to maturity;
(viii) the scheduled maturity date;
(ix) the Cut-Off Date Principal Balance;
(x) the Loan-to-Value Ratio at origination;
(xi) whether such Mortgage Loan is a Subsidy Loan;
(xii) whether such Mortgage Loan is covered by primary mortgage
insurance;
(xiii) the Servicing Fee Rate;
(xiv) the Master Servicing Fee Rate;
(xv) Fixed Retained Yield, if applicable; and
(xvi) for each Exhibit F-3 Mortgage Loan, the name of the Servicer
with respect thereto.
Such schedule may consist of multiple reports that collectively set forth
all of the information required.
Mortgage Loans: Each of the mortgage loans transferred and assigned to the
Trustee on the Closing Date pursuant to Section 2.01 and any mortgage loans
substituted therefor pursuant to Section 2.02 or 2.03, in each case as from time
to time are included in the Trust Estate as identified in the Mortgage Loan
Schedule.
Mortgage Note: The note or other evidence of indebtedness evidencing the
indebtedness of a Mortgagor under a Mortgage Loan together with any related
Mortgage Loan Riders, if applicable.
Mortgaged Property: The property subject to a Mortgage, which may include
Co-op Shares or residential long-term leases.
Mortgagor: The obligor on a Mortgage Note.
Net Foreclosure Profits: As to any Distribution Date, the amount, if any,
by which (i) Aggregate Foreclosure Profits with respect to such Distribution
Date exceed (ii) Liquidated Loan Losses with respect to such Distribution Date.
Net Liquidation Proceeds: As to any defaulted Mortgage Loan, Liquidation
Proceeds net of Liquidation Expenses.
Net Mortgage Interest Rate: With respect to each Mortgage Loan, a rate
equal to (i) the Mortgage Interest Rate on such Mortgage Loan minus (ii) the sum
of (a) the Servicing Fee Rate, as set forth in Section 11.25 with respect to
such Mortgage Loan, (b) the Master Servicing Fee Rate, as set forth in Section
11.26 with respect to such Mortgage Loan and (c) the Fixed Retained Yield Rate,
if any, with respect to such Mortgage Loan. Any regular monthly computation of
interest at such rate shall be based upon annual interest at such rate on the
applicable amount divided by twelve.
Net REO Proceeds: As to any REO Mortgage Loan, REO Proceeds net of any
related expenses of the Servicer.
Non-permitted Foreign Holder: As defined in Section 5.02(d).
Non-PO Fraction: With respect to any Mortgage Loan, the lesser of (i) 1.00
and (ii) the quotient obtained by dividing the Net Mortgage Interest Rate for
such Mortgage Loan by 6.750%.
Nonrecoverable Advance: Any portion of a Periodic Advance previously made
or proposed to be made in respect of a Mortgage Loan which has not been
previously reimbursed to the Servicer, the Master Servicer or the Trustee, as
the case may be, and which the Servicer, the Master Servicer or the Trustee
determines will not, or in the case of a proposed Periodic Advance would not, be
ultimately recoverable from Liquidation Proceeds or other recoveries in respect
of the related Mortgage Loan. The determination by the Servicer, the Master
Servicer or the Trustee (i) that it has made a Nonrecoverable Advance or (ii)
that any proposed Periodic Advance, if made, would constitute a Nonrecoverable
Advance, shall be evidenced by an Officer's Certificate of the Servicer
delivered to the Master Servicer for redelivery to the Trustee or, in the case
of a Master Servicer determination, an Officer's Certificate of the Master
Servicer delivered to the Trustee, in each case detailing the reasons for such
determination.
Non-Supported Interest Shortfall: With respect to any Distribution Date,
the excess, if any, of the aggregate Prepayment Interest Shortfall on the
Mortgage Loans over the aggregate Compensating Interest with respect to such
Distribution Date. With respect to each Distribution Date occurring on or after
the Cross-Over Date, the Non-Supported Interest Shortfall determined pursuant to
the preceding sentence will be increased by the amount of any Cross-Over Date
Interest Shortfall for such Distribution Date. Any Non-Supported Interest
Shortfall will be allocated to (a) the Class A Certificates and the Premium
Payment according to the percentage obtained by dividing the Class A Non-PO
Principal Balance by the sum of the Class A Non-PO Principal Balance and the
Class B Principal Balance and (b) the Class B Certificates according to the
percentage obtained by dividing the Class B Principal Balance by the sum of the
Class A Non-PO Principal Balance and the Class B Principal Balance.
Non-U.S. Person: As defined in Section 4.01(f).
Norwest Mortgage: Norwest Mortgage, Inc., or its successor in interest.
Norwest Mortgage Correspondents: The entities listed on the Mortgage Loan
Schedule, from which Norwest Mortgage purchased the Mortgage Loans.
Norwest Servicing Agreement: The Servicing Agreement providing for the
servicing of the Exhibit F-1 Mortgage Loans and Exhibit F-2 Mortgage Loans
initially by Norwest Mortgage.
Notice of Nonpayment: The notice to be delivered by the Trustee to Ambac
with respect to any Distribution Date as to which there is a Class A-7 or Class
A-18 Distribution Deficiency, which shall be in the form attached to the Policy.
NOVUS Additional Collateral: The Additional Collateral, as defined in the
NOVUS Servicing Agreement.
NOVUS Additional Collateral Mortgage Loans: The Additional Collateral
Mortgage Loans, as defined in the NOVUS Servicing Agreement.
NOVUS Servicing Agreement: The Servicing Agreement executed by NOVUS, as
Servicer.
NOVUS Surety Bond: The Surety Bond, as defined in the NOVUS Servicing
Agreement.
Officers' Certificate: With respect to any Person, a certificate signed by
the Chairman of the Board, the President or a Vice President, and by the
Treasurer, the Secretary or one of the Assistant Treasurers or Assistant
Secretaries of such Person (or, in the case of a Person which is not a
corporation, signed by the person or persons having like responsibilities), and
delivered to the Trustee.
Opinion of Counsel: A written opinion of counsel, who may be outside or
salaried counsel for the Seller, a Servicer or the Master Servicer, or any
affiliate of the Seller, a Servicer or the Master Servicer, acceptable to the
Trustee if such opinion is to be delivered to the Trustee; provided, however,
that with respect to REMIC matters, matters relating to the determination of
Eligible Accounts or matters relating to transfers of Certificates, such counsel
shall be Independent.
Optimal Adjustment Event: With respect to any Class of Class B Certificates
and any Distribution Date, an Optimal Adjustment Event will occur with respect
to such Class if: (i) the Principal Balance of such Class on the Determination
Date succeeding such Distribution Date would have been reduced to zero
(regardless of whether such Principal Balance was reduced to zero as a result of
principal distribution or the allocation of Realized Losses) and (ii) (a) the
Principal Balance of any Class of Class A Certificates would be subject to
further reduction as a result of the third or fifth sentences of the definition
of Principal Balance or (b) the Principal Balance of a Class of Class B
Certificates with a lower numerical designation would be reduced with respect to
such Distribution Date as a result of the application of clause (ii) of the
definition of Class B-1 Principal Balance, Class B-2 Principal Balance, Class
B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance
or Class B-6 Principal Balance.
Original Class A Percentage: The Class A Percentage as of the Cut-Off Date,
as set forth in Section 11.04.
Original Class A Non-PO Principal Balance: The sum of the Original
Principal Balances of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5,
Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12,
Class A-13, Class A-14, Class A-15, Class A-16, Class A-18, Class A-19, Class
A-20, Class A-R and Class A-LR Certificates, as set forth in Section 11.06.
Original Class A-17 Notional Amount: The Original Class A-17 Notional
Amount, as set forth in Section 11.05(a).
Original Class B Principal Balance: The sum of the Original Class B-1
Principal Balance, Original Class B-2 Principal Balance, Original Class B-3
Principal Balance, Original Class B-4 Principal Balance, Original Class B-5
Principal Balance and Original Class B-6 Principal Balance, as set forth in
Section 11.14.
Original Class B-1 Fractional Interest: As to the first Distribution Date,
the percentage obtained by dividing the sum of the Original Class B-2 Principal
Balance, the Original Class B-3 Principal Balance, the Original Class B-4
Principal Balance, Original Class B-5 Principal Balance and the Original Class
B-6 Principal Balance by the sum of the Original Class A Non-PO Principal
Balance and the Original Class B Principal Balance.
The Original Class B-1 Fractional Interest is specified in Section 11.16.
Original Class B-2 Fractional Interest: As to the first Distribution Date,
the percentage obtained by dividing the sum of the Original Class B-3 Principal
Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal
Balance and the Original Class B-6 Principal Balance by the sum of the Original
Class A Non-PO Principal Balance and the Original Class B Principal Balance. The
Original Class B-2 Fractional Interest is specified in Section 11.17.
Original Class B-3 Fractional Interest: As to the first Distribution Date,
the percentage obtained by dividing the sum of the Original Class B-4 Principal
Balance, the Original Class B-5 Principal Balance and the Original Class B-6
Principal Balance by the sum of the Original Class A Non-PO Principal Balance
and the Original Class B Principal Balance. The Original Class B-3 Fractional
Interest is specified in Section 11.18.
Original Class B-4 Fractional Interest: As to the first Distribution Date,
the percentage obtained by dividing the sum of the Original Class B-5 Principal
Balance and the Original Class B-6 Principal Balance by the sum of the Original
Class A Non-PO Principal Balance and the Original Class B Principal Balance. The
Original Class B-4 Fractional Interest is specified in Section 11.19.
Original Class B-5 Fractional Interest: As to the first Distribution Date,
the percentage obtained by dividing the Original Class B-6 Principal Balance by
the sum of the Original Class A Non-PO Principal Balance and the Original Class
B Principal Balance. The Original Class B-5 Fractional Interest is specified in
Section 11.20.
Original Class B-1 Percentage: The Class B-1 Percentage as of the Cut-Off
Date, as set forth in Section 11.08.
Original Class B-2 Percentage: The Class B-2 Percentage as of the Cut-Off
Date, as set forth in Section 11.09.
Original Class B-3 Percentage: The Class B-3 Percentage as of the Cut-Off
Date, as set forth in Section 11.10.
Original Class B-4 Percentage: The Class B-4 Percentage as of the Cut-Off
Date, as set forth in Section 11.11.
Original Class B-5 Percentage: The Class B-5 Percentage as of the Cut-Off
Date, as set forth in Section 11.12.
Original Class B-6 Percentage: The Class B-6 Percentage as of the Cut-Off
Date, as set forth in Section 11.13.
Original Class B-1 Principal Balance: The Class B-1 Principal Balance as of
the Cut-Off Date, as set forth in Section 11.15.
Original Class B-2 Principal Balance: The Class B-2 Principal Balance as of
the Cut-Off Date, as set forth in Section 11.15.
Original Class B-3 Principal Balance: The Class B-3 Principal Balance as of
the Cut-Off Date, as set forth in Section 11.15.
Original Class B-4 Principal Balance: The Class B-4 Principal Balance as of
the Cut-Off Date, as set forth in Section 11.15.
Original Class B-5 Principal Balance: The Class B-5 Principal Balance as of
the Cut-Off Date, as set forth in Section 11.15.
Original Class B-6 Principal Balance: The Class B-6 Principal Balance as of
the Cut-Off Date, as set forth
in Section 11.15.
Original Principal Balance: Any of the Original Principal Balances of the
Classes of Class A Certificates as set forth in Section 11.05; the Original
Class B-1 Principal Balance, Original Class B-2 Principal Balance, Original
Class B-3 Principal Balance, Original Class B-4 Principal Balance, Original
Class B-5 Principal Balance or Original Class B-6 Principal Balance as set forth
in Section 11.15.
Original Subordinated Percentage: The Subordinated Percentage as of the
Cut-Off Date, as set forth in Section 11.07.
Other Servicer: Any of the Servicers other than Norwest Mortgage.
Other Servicing Agreements: The Servicing Agreements other than the Norwest
Servicing Agreement.
Outstanding Mortgage Loan: As to any Due Date, a Mortgage Loan (including
an REO Mortgage Loan) which was not the subject of a Full Unscheduled Principal
Receipt prior to such Due Date and which was not repurchased by the Seller prior
to such Due Date pursuant to Section 2.02 or 2.03.
Owner Mortgage Loan File: A file maintained by the Trustee (or the
Custodian, if any) for each Mortgage Loan that contains the documents specified
in the Servicing Agreements or, in the case of each Mortgage Loan serviced by
Bank United or Merrill Lynch Credit Corporation, the documents specified in the
Bank United Mortgage Loan Sale Agreement and the MLCC Mortgage Loan Purchase
Agreement under their respective "Owner Mortgage Loan File" definition or
similar definition and/or other provisions requiring delivery of specified
documents to the owner of the Mortgage Loan in connection with the purchase
thereof, and any additional documents required to be added to the Owner Mortgage
Loan File pursuant to this Agreement.
Parent Power(R) Guaranty Agreement for Real Estate: As defined in the MLCC
Servicing Agreement.
Parent Power(R) Guaranty and Security Agreement for Security Account: As
defined in the MLCC Servicing
Agreement.
Partial Liquidation Proceeds: Liquidation Proceeds received by a Servicer
prior to the month in which the related Mortgage Loan became a Liquidated Loan.
Partial Unscheduled Principal Receipt: An Unscheduled Principal Receipt
which is not a Full Unscheduled Principal Receipt.
Paying Agent: The Person authorized on behalf of the Trustee, as agent for
the Master Servicer, to make distributions to Certificateholders with respect to
the Certificates and to forward to Certificateholders the periodic and annual
statements required by Section 4.04. The Paying Agent may be any Person directly
or indirectly controlling or controlled by or under common control with the
Master Servicer and may be the Trustee.
The initial Paying Agent is appointed in Section 4.03(a).
Payment Account: The account maintained pursuant to Section 4.03(b).
Percentage Interest: With respect to a Class A Certificate (other than
Class A-7, Class A-17 and Class A-18 Certificates), the undivided percentage
interest obtained by dividing the original principal balance of such Certificate
by the Original Principal Balance of such Class of Class A Certificates. With
respect to a Class A-7 or Class A-18 Certificate, the undivided percentage
interest obtained by dividing the current principal balance of such Certificate
by the Principal Balance of such Class of Class A Certificates. With respect to
a Class A-17 Certificate, the undivided percentage interest obtained by dividing
the original notional amount evidenced by such Certificate by the Original Class
A-17 Notional Amount of such Class. With respect to a Class B Certificate, the
undivided percentage interest obtained by dividing the original principal
balance of such Certificate by the Original Principal Balance of such Class of
Class B Certificates.
Periodic Advance: The aggregate of the advances required to be made by a
Servicer on any Distribution Date pursuant to its Servicing Agreement or by the
Master Servicer or the Trustee hereunder, the amount of any such advances being
equal to the total of all Monthly Payments (adjusted, in each case (i) in
respect of interest, to the applicable Mortgage Interest Rate less the
applicable Servicing Fee in the case of Periodic Advances made by a Servicer and
to the applicable Net Mortgage Interest Rate in the case of Periodic Advances
made by the Master Servicer or Trustee and (ii) by the amount of any related
Debt Service Reductions or reductions in the amount of interest collectable from
the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940,
as amended, or similar legislation or regulations then in effect) on the
Mortgage Loans, that (x) were delinquent as of the close of business on the
related Determination Date, (y) were not the subject of a previous Periodic
Advance by such Servicer or of a Periodic Advance by the Master Servicer or the
Trustee, as the case may be and (z) have not been determined by the Master
Servicer, such Servicer or Trustee to be Nonrecoverable Advances.
Person: Any individual, corporation, partnership, joint venture,
association, joint-stock company, trust, unincorporated organization or
government or any agency or political subdivision thereof.
Plan: As defined in Section 5.02(c).
PO Fraction: With respect to any Discount Mortgage Loan, the difference
between 1.0 and the Non-PO Fraction for such Mortgage Loan; with respect to any
other Mortgage Loan, zero.
Policy: The irrevocable Ambac Insurance Policy No. AB0265BE, including any
endorsements thereto, issued by Ambac with respect to the Class A-7 and Class
A-18 Certificates, in the form attached hereto as Exhibit N.
Policy Payments Account: The account maintained pursuant to Section
4.08(b).
Pool Balance (Non-PO Portion): As of any Distribution Date, the sum of the
amounts for each Mortgage Loan that is an Outstanding Mortgage Loan of the
product of (i) the Non-PO Fraction for such Mortgage Loan and (ii) the Scheduled
Principal Balance of such Mortgage Loan.
Pool Balance (PO Portion): As of any Distribution Date, the sum of the
amounts for each Mortgage Loan that is an Outstanding Mortgage Loan of the
product of (i) the PO Fraction for such Mortgage Loan and (ii) the Scheduled
Principal Balance of such Mortgage Loan.
Pool Distribution Amount: As of any Distribution Date, the funds eligible
for distribution to the Holders of the Certificates on such Distribution Date,
which shall be the sum of (i) all previously undistributed payments or other
receipts on account of principal and interest on or in respect of the Mortgage
Loans (including, without limitation, the proceeds of any repurchase of a
Mortgage Loan by the Seller and any Substitution Principal Amount) received by
the Master Servicer with respect to the applicable Remittance Date in the month
of such Distribution Date and any Unscheduled Principal Receipts received by the
Master Servicer on or prior to the Business Day preceding such Distribution
Date, (ii) all Periodic Advances made by a Servicer pursuant to the related
Servicing Agreement or Periodic Advances made by the Master Servicer or the
Trustee pursuant to Section 3.03 and (iii) all other amounts required to be
placed in the Certificate Account by the Servicer on or before the applicable
Remittance Date or by the Master Servicer or the Trustee on or prior to the
Distribution Date, but excluding the following:
(a) amounts received as late payments of principal or interest and
respecting which the Master Servicer or the Trustee has made one or more
unreimbursed Periodic Advances;
(b) the portion of Liquidation Proceeds used to reimburse any
unreimbursed Periodic Advances by the Master Servicer or the Trustee;
(c) those portions of each payment of interest on a particular
Mortgage Loan which represent (i) the Fixed Retained Yield, if any, (ii)
the Servicing Fee and (iii) the Master Servicing Fee;
(d) all amounts representing scheduled payments of principal and
interest due after the Due Date occurring in the month in which such
Distribution Date occurs;
(e) all Unscheduled Principal Receipts received by the Servicers after
the Applicable Unscheduled Principal Receipt Period relating to the
Distribution Date for the applicable type of Unscheduled Principal Receipt,
and all related payments of interest on such amounts;
(f) all repurchase proceeds with respect to Mortgage Loans repurchased
by the Seller pursuant to Section 2.02 or 2.03 on or following the Due Date
in the month in which such Distribution Date occurs and the difference
between the unpaid principal balance of such Mortgage Loan substituted for
a defective Mortgage Loan during the month preceding the month in which
such Distribution Date occurs and the unpaid principal balance of such
defective Mortgage Loan;
(g) that portion of Liquidation Proceeds and REO Proceeds which
represents any unpaid Servicing Fee or Master Servicing Fee;
(h) all income from Eligible Investments that is held in the
Certificate Account for the account of the Master Servicer;
(i) all other amounts permitted to be withdrawn from the Certificate
Account in respect of the Mortgage Loans, to the extent not covered by
clauses (a) through (h) above, or not required to be deposited in the
Certificate Account under this Agreement;
(j) Net Foreclosure Profits;
(k) Month End Interest; and
(l) the amount of any Recoveries in respect of principal which had
previously been allocated as a loss to one or more Classes of the Class A
or Class B Certificates pursuant to Section 4.02 other than Recoveries
covered by the last sentence of Section 4.02(d).
Pool Scheduled Principal Balance: As to any Distribution Date, the
aggregate Scheduled Principal Balances of all Mortgage Loans that were
Outstanding Mortgage Loans on the Due Date in the month preceding the month of
such Distribution Date.
Premium Payment: As to any Distribution Date, (i) the product of (a) 1/12th
of 0.060% and (b) the sum of the Class A Principal Balances of the Class A-7 and
Class A-18 Certificates as of the Determination Date immediately preceding such
Distribution Date minus (ii) the Premium Percentage of (x) any Non-Supported
Interest Shortfall allocated to the Class A Certificates and the Premium Payment
with respect to such Distribution Date, (y) the interest portion of any Excess
Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses
allocated to the Class A Certificates and the Premium Payment with respect to
such Distribution Date pursuant to Section 4.02(e) and (z) the interest portion
of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud
Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates and
the Premium Payment on or after the Cross-Over Date pursuant to Section 4.02(e).
The Premium Payment will be an expense of the Lower-Tier REMIC.
Premium Percentage: As to any Distribution Date, the percentage calculated
by dividing the Premium Payment (determined without regard to clause (ii) of the
definition thereof) by the sum of (a) the Class A Interest Accrual Amount
(determined without regard to clause (ii) of the definition of each Interest
Accrual Amount) and (b) the Premium Payment (determined without regard to clause
(ii) of the definition of Premium Payment).
Premium Shortfall Amount: As to any Distribution Date, any amount by which
the Premium Payment with respect to such Distribution Date exceeds the amount
distributed to Ambac on such Distribution Date pursuant to Paragraph first of
Section 4.01(a)(i).
Premium Unpaid Shortfall: As to any Distribution Date, the amount, if any,
by which the aggregate of the Premium Shortfall Amounts for prior Distribution
Dates is in excess of the amounts distributed to Ambac on prior Distribution
Dates pursuant to Paragraph second of Section 4.01(a)(i).
Prepayment In Full: With respect to any Mortgage Loan, a Mortgagor payment
consisting of a Principal Prepayment in the amount of the outstanding principal
balance of such loan and resulting in the full satisfaction of such obligation.
Prepayment Interest Shortfall: On any Distribution Date, the amount of
interest, if any, that would have accrued on any Mortgage Loan which was the
subject of a Prepayment in Full at the Net Mortgage Interest Rate for such
Mortgage Loan from the date of its Prepayment in Full (but in the case of a
Prepayment in Full where the Applicable Unscheduled Principal Receipt Period is
the Mid-Month Receipt Period, only if the date of the Prepayment in Full is on
or after the Determination Date in the month prior to the month of such
Distribution Date and prior to the first day of the month of such Distribution
Date) through the last day of the month prior to the month of such Distribution
Date.
Prepayment Shift Percentage: As to any Distribution Date, the percentage
indicated below:
Distribution Date Occurring In Prepayment Shift
Percentage
August 1999 through July 2004............... 0%
August 2004 through July 2005............... 30%
August 2005 through July 2006............... 40%
August 2006 through July 2007............... 60%
August 2007 through July 2008............... 80%
August 2008 and thereafter.................. 100%
Principal Adjustment: In the event that the Class B-1 Optimal Principal
Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount,
Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount or Class
B-6 Optimal Principal Amount is calculated in accordance with the proviso in
such definition with respect to any Distribution Date, the Principal Adjustment
for such Class of Class B Certificates shall equal the difference between (i)
the amount that would have been distributed to such Class as principal in
accordance with Section 4.01(a)(i) for such Distribution Date, calculated
without regard to such proviso and assuming there are no Principal Adjustments
for such Distribution Date and (ii) the Adjusted Principal Balance for such
Class.
Principal Balance: As of the first Determination Date and as to any Class
of Class A Certificates (other than the Class A-17 Certificates), the Original
Principal Balance of such Class. As of any subsequent Determination Date prior
to the Cross-Over Date and as to any Class of Class A Certificates (other than
the Class A-17 and Class A-PO Certificates), the Original Principal Balance of
such Class less the sum of (a) all amounts previously distributed in respect of
such Class on prior Distribution Dates (i) pursuant to Paragraph third clause
(A) of Section 4.01(a)(i) and (ii) as a result of a Principal Adjustment and (b)
the Realized Losses allocated through such Determination Date to such Class
pursuant to Section 4.02(b). After the Cross-Over Date, each such Principal
Balance will also be reduced on each Determination Date by an amount equal to
the product of the Class A Loss Percentage of such Class and the excess, if any,
of (i) the Class A Non-PO Principal Balance as of such Determination Date
without regard to this sentence over (ii) the difference between (A) the
Adjusted Pool Amount for the preceding Distribution Date and (B) the Adjusted
Pool Amount (PO Portion) for the preceding Distribution Date.
The Class A-17 Certificates are interest only Certificates and have no
Principal Balance.
As of any subsequent Determination Date prior to the Cross-Over Date and as
to the Class A-PO Certificates, the Original Principal Balance of such Class
less the sum of (a) all amounts previously distributed in respect of the Class
A-PO Certificates on prior Distribution Dates pursuant to Paragraphs third
clause (B) and fourth of Section 4.01(a)(i) and (b) the Realized Losses
allocated through such Determination Date to the Class A-PO Certificates
pursuant to Section 4.02(b). After the Cross-Over Date, such Principal Balance
will also be reduced on each Determination Date by an amount equal to the
difference, if any, between such Principal Balance as of such Determination Date
without regard to this sentence and the Adjusted Pool Amount (PO Portion) for
the preceding Distribution Date.
As to the Class B Certificates, the Class B-1 Principal Balance, Class B-2
Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance,
Class B-5 Principal Balance and Class B-6 Principal Balance, respectively.
Principal Prepayment: Any Mortgagor payment on a Mortgage Loan which is
received in advance of its Due Date and is not accompanied by an amount
representing scheduled interest for any period subsequent to the date of
prepayment.
Prior Month Receipt Period: With respect to each Distribution Date, the
calendar month preceding the month in which such Distribution Date occurs.
Priority Amount: For any Distribution Date, the lesser of (i) the Principal
Balance of the Class A-5 Certificates and (ii) the sum of (A) the product of (1)
the Priority Percentage, (2) the Shift Percentage and (3) the Scheduled
Principal Amount and (B) the product of (1) the Priority Percentage, (2) the
Prepayment Shift Percentage and (3) the Unscheduled Principal Amount.
Priority Percentage: The Principal Balance of the Class A-5 Certificates
divided by the Pool Balance (Non-PO Portion).
Prohibited Transaction Tax: Any tax imposed under Section 860F of the Code.
Prudent Servicing Practices: The standard of care set forth in each
Servicing Agreement.
Rating Agency: Any nationally recognized statistical credit rating agency,
or its successor, that rated one or more Classes of the Certificates at the
request of the Seller at the time of the initial issuance of the Certificates.
The Rating Agencies for the Class A Certificates are DCR and Moody's. The Rating
Agency for the Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5
Certificates is DCR. If any such agency or a successor is no longer in
existence, "Rating Agency" shall be such statistical credit rating agency, or
other comparable Person, designated by the Seller, notice of which designation
shall be given to the Trustee, Ambac and the Master Servicer. References herein
to the highest short-term rating category of a Rating Agency shall mean D-1+ in
the case of DCR, P-1+ in the case of Moody's and in the case of any other Rating
Agency shall mean its equivalent of such ratings. References herein to the
highest long-term rating categories of a Rating Agency shall mean AAA, and in
the case of any other Rating Agency shall mean its equivalent of such rating
without any plus or minus.
Realized Losses: With respect to any Distribution Date, (i) Liquidated Loan
Losses (including Special Hazard Losses and Fraud Losses) and (ii) Bankruptcy
Losses incurred in the month preceding the month of such Distribution Date.
Record Date: The last Business Day of the month preceding the month of the
related Distribution Date.
Recovery: Any amount received on a Mortgage Loan subsequent to such
Mortgage Loan being determined to be a Liquidated Loan.
Relevant Anniversary: See "Bankruptcy Loss Amount."
REMIC: A "real estate mortgage investment conduit" as defined in Code
Section 860D.
REMIC Provisions: Provisions of the federal income tax law relating to
REMICs, which appear at Sections 860A through 860G of Part IV of Subchapter M of
Chapter 1 of Subtitle A of the Code, and related provisions, and U.S. Department
of the Treasury temporary, proposed or final regulations promulgated thereunder,
as the foregoing are in effect (or with respect to proposed regulations, are
proposed to be in effect) from time to time.
Remittance Date: As defined in each of the Servicing Agreements.
REO Mortgage Loan: Any Mortgage Loan which is not a Liquidated Loan and as
to which the indebtedness evidenced by the related Mortgage Note is discharged
and the related Mortgaged Property is held as part of the Trust Estate.
REO Proceeds: Proceeds received in respect of any REO Mortgage Loan
(including, without limitation, proceeds from the rental of the related
Mortgaged Property).
Request for Release: A request for release in substantially the form
attached as Exhibit G hereto.
Reserve Fund: Each of the two separate non-interest bearing trust accounts
established with the Trustee and maintained by the Trustee pursuant to Section
4.06, one such account for the benefit of the Class A-7 Certificateholders and
one such account for the benefit of the Class A-18 Certificateholders. Each
Reserve Fund shall be an Eligible Account.
Reserve Withdrawal: With respect to any Distribution Date, the lesser of
(a) the amount on deposit in the applicable Reserve Fund and (b) the amount of
Non-Supported Interest Shortfalls allocated to the Class A-7 or Class A-18
Certificates.
Responsible Officer: When used with respect to the Trustee, the Chairman or
Vice-Chairman of the Board of Directors or Trustees, the Chairman or
Vice-Chairman of the Executive or Standing Committee of the Board of Directors
or Trustees, the President, the Chairman of the Committee on Trust Matters, any
Vice President, the Secretary, any Assistant Secretary, the Treasurer, any
Assistant Treasurer, the Cashier, any Assistant Cashier, any Trust Officer or
Assistant Trust Officer, the Controller and any Assistant Controller or any
other officer of the Trustee customarily performing functions similar to those
performed by any of the above-designated officers and also, with respect to a
particular matter, any other officer to whom such matter is referred because of
such officer's knowledge of and familiarity with the particular subject.
Rounding Account: The special account established with the Trustee and
maintained by the Trustee pursuant to Section 4.07(e). The Rounding Account
shall be an Eligible Account.
Rounding Amount: With respect to any Distribution Date, the amount, if any,
required to be withdrawn from the Rounding Account pursuant to Section 4.07(e).
Rule 144A: Rule 144A promulgated under the Securities Act of 1933, as
amended.
Scheduled Principal Amount: The sum for each outstanding Mortgage Loan
(including each defaulted Mortgage Loan, other than a Liquidated Loan, with
respect to which the related Mortgaged Property has been acquired by the Trust
Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B)
the sum of the amounts described in clauses y(i) and y(iv) of the definition of
Class A Non-PO Optimal Principal Amount, but without such amounts being
multiplied by the Class A Percentage.
Scheduled Principal Balance: As to any Mortgage Loan and Distribution Date,
the principal balance of such Mortgage Loan as of the Due Date in the month
preceding the month of such Distribution Date as specified in the amortization
schedule at the time relating thereto (before any adjustment to such
amortization schedule by reason of any bankruptcy (other than Deficient
Valuations) or similar proceeding or any moratorium or similar waiver or grace
period) after giving effect to (A) Unscheduled Principal Receipts received or
applied by the applicable Servicer during the related Unscheduled Principal
Receipt Period for each applicable type of Unscheduled Principal Receipt related
to the Distribution Date occurring in the month preceding such Distribution
Date, (B) Deficient Valuations incurred prior to such Due Date and (C) the
payment of principal due on such Due Date and irrespective of any delinquency in
payment by the related Mortgagor. Accordingly, the Scheduled Principal Balance
of a Mortgage Loan which becomes a Liquidated Loan at any time through the last
day of such related Unscheduled Principal Receipt Period shall be zero.
Seller: Norwest Asset Securities Corporation, or its successor in interest.
Senior Optimal Amount: As to any Distribution Date, the sum for such
Distribution Date of (a) the Class A Non-PO Optimal Amount and (b) the Class
A-PO Optimal Principal Amount.
Servicer Mortgage Loan File: As defined in each of the Servicing
Agreements.
Servicers: Each of Norwest Mortgage, Inc., HomeSide Lending, SunTrust
Mortgage, Inc., NOVUS Financial Corporation, Merrill Lynch Credit Corporation,
Hibernia National Bank, Bank United, FT Mortgage Companies, Beverly National
Bank, The Huntington Mortgage Company, Countrywide Home Loans, Inc. and Marine
Midland Mortgage Corporation as Servicer under the related Servicing Agreement.
Servicing Agreements: Each of the Servicing Agreements executed with
respect to a portion of the Mortgage Loans by one of the Servicers, which
agreements are attached hereto, collectively, as Exhibit L.
Servicing Fee: With respect to any Servicer, as defined in its Servicing
Agreement.
Servicing Fee Rate: With respect to a Mortgage Loan, as set forth in
Section 11.25.
Servicing Officer: Any officer of a Servicer involved in, or responsible
for, the administration and servicing of the Mortgage Loans.
Shift Percentage: As to any Distribution Date, the percentage indicated
below:
DISTRIBUTION DATE OCCURRING IN SHIFT PERCENTAGE
------------------------------ ----------------
August 1999 through July 2004......................... 0%
August 2004 through July 2005......................... 30%
August 2005 through July 2006......................... 40%
August 2006 through July 2007......................... 60%
August 2007 through July 2008......................... 80%
August 2008 and thereafter............................ 100%
Similar Law: As defined in Section 5.02(c).
Single Certificate: A Certificate of any Class that evidences the smallest
permissible Denomination for
such Class, as set forth in Section 11.24.
Special Hazard Loss: (i) A Liquidated Loan Loss suffered by a Mortgaged
Property on account of direct physical loss, exclusive of (a) any loss covered
by a hazard policy or a flood insurance policy maintained in respect of such
Mortgaged Property pursuant to a Servicing Agreement and (b) any loss caused by
or resulting from:
(1) normal wear and tear;
(2) infidelity, conversion or other dishonest act on the part of the
Trustee, the Servicer or any of their agents or employees; or
(3) errors in design, faulty workmanship or faulty materials, unless the
collapse of the property or a part thereof ensues;
or (ii) any Liquidated Loan Loss suffered by the Trust Estate arising from or
related to the presence or suspected presence of hazardous wastes or hazardous
substances on a Mortgaged Property unless such loss to a Mortgaged Property is
covered by a hazard policy or a flood insurance policy maintained in respect of
such Mortgaged Property pursuant to the Servicing Agreement.
Special Hazard Loss Amount: As of any Distribution Date, an amount equal to
$8,500,914.86 minus the sum of (i) the aggregate amount of Special Hazard Losses
allocated solely to the Class B Certificates in accordance with Section 4.02(a)
and (ii) the Special Hazard Adjustment Amount (as defined below) as most
recently calculated. For each anniversary of the Cut-Off Date, the Special
Hazard Adjustment Amount shall be calculated and shall be equal to the amount,
if any, by which the amount calculated in accordance with the preceding sentence
(without giving effect to the deduction of the Special Hazard Adjustment Amount
for such anniversary) exceeds the greater of (A) the product of the Special
Hazard Percentage for such anniversary multiplied by the outstanding principal
balance of all the Mortgage Loans on the Distribution Date immediately preceding
such anniversary, (B) twice the outstanding principal balance of the Mortgage
Loan in the Trust Estate which has the largest outstanding principal balance on
the Distribution Date immediately preceding such anniversary and (C) that which
is necessary to maintain the original ratings on the Certificates as evidenced
by letters to that effect delivered by Rating Agencies to the Master Servicer
and the Trustee. On and after the Cross-Over Date, the Special Hazard Loss
Amount shall be zero.
Special Hazard Percentage: As of each anniversary of the Cut-Off Date, the
greater of (i) 1.00% and (ii) the largest percentage obtained by dividing the
aggregate outstanding principal balance (as of the immediately preceding
Distribution Date) of the Mortgage Loans secured by Mortgaged Properties located
in a single, five-digit zip code area in the State of California by the
outstanding principal balance of all the Mortgage Loans as of the immediately
preceding Distribution Date.
Startup Day: As defined in Section 2.05.
Subordinated Percentage: As to any Distribution Date, the percentage which
is the difference between 100% and the Class A Percentage for such date.
Subordinated Prepayment Percentage: As to any Distribution Date, the
percentage which is the difference between 100% and the Class A Prepayment
Percentage for such date.
Subsidy Loan: Any Mortgage Loan subject to a temporary interest subsidy
agreement pursuant to which the monthly interest payments made by the related
Mortgagor will be less than the scheduled monthly interest payments on such
Mortgage Loan, with the resulting difference in interest payments being provided
by the employer of the Mortgagor. Each Subsidy Loan will be identified as such
in the Mortgage Loan Schedule.
Substitute Mortgage Loan: As defined in Section 2.02.
Substitution Principal Amount: With respect to any Mortgage Loan
substituted in accordance with Section 2.02 or pursuant to Section 2.03, the
excess of (x) the unpaid principal balance of the Mortgage Loan which is
substituted for over (y) the unpaid principal balance of the Substitute Mortgage
Loan, each balance being determined as of the date of substitution.
Trust Estate: The corpus of the trust created by this Agreement, consisting
of the Mortgage Loans (other than any Fixed Retained Yield), such amounts as may
be held from time to time in the Certificate Account (other than any Fixed
Retained Yield), the Rounding Account, the rights of the Trustee, to receive the
proceeds of all insurance policies and performance bonds, if any, required to be
maintained hereunder or under the related Servicing Agreement, property which
secured a Mortgage Loan and which has been acquired by foreclosure or deed in
lieu of foreclosure, the Reserve Funds and the rights of the Trustee under the
Policy. None of the Reserve Funds, the Policy or the Policy Payments Account
shall be a part of the Upper-Tier REMIC or Lower-Tier REMIC.
Trustee: First Union National Bank, a national banking association with its
principal office located in Charlotte, North Carolina, or any successor trustee
appointed as herein provided.
Uncertificated Lower-Tier Interest: Any of the Class A-L1 Interest, the
Class A-L4 Interest, the Class A-L6 Interest, the Class A-L10 Interest, the
Class A-L11 Interest, the Class A-L17 Interest, the Class A-LPO Interest, the
Class A-LUR Interest, the Class B-L1 Interest, the Class B-L2 Interest, the
Class B-L3 Interest, the Class B-L4 Interest, the Class B-L5 Interest, and the
Class B-L6 Interest,
Unpaid Interest Shortfalls: Each of the Class A Unpaid Interest Shortfalls,
the Class B-1 Unpaid Interest Shortfall, the Class B-2 Unpaid Interest
Shortfall, the Class B-3 Unpaid Interest Shortfall, the Class B-4 Unpaid
Interest Shortfall, the Class B-5 Unpaid Interest Shortfall and the Class B-6
Unpaid Interest Shortfall.
Unscheduled Principal Amount: The sum for each outstanding Mortgage Loan
(including each defaulted Mortgage Loan, other than a Liquidated Loan, with
respect to which the related Mortgaged Property has been acquired by the Trust
Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B)
the sum of the amounts described in clauses y(ii) and y(iii) of the definition
of Class A Non-PO Optimal Principal Amount, but without such amounts being
multiplied by the Class A Prepayment Percentage.
Unscheduled Principal Receipt: Any Principal Prepayment or other recovery
of principal on a Mortgage Loan, including, without limitation, Liquidation
Proceeds, Net REO Proceeds and proceeds received from any condemnation award or
proceeds in lieu of condemnation other than that portion of such proceeds
released to the Mortgagor in accordance with the terms of the Mortgage or
Prudent Servicing Practices, but excluding any Net Foreclosure Profits and
proceeds of a repurchase of a Mortgage Loan by the Seller and any Substitution
Principal Amounts. Except as set forth in the last sentence of Section 4.02(d),
a Recovery shall not be treated as an Unscheduled Principal Receipt.
Unscheduled Principal Receipt Period: Either a Mid-Month Receipt Period or
a Prior Month Receipt Period.
Upper-Tier Certificate: Any one of the Class A Certificates (other than the
Class A-LR Certificate) and the Class B Certificates.
Upper-Tier Certificate Account: The trust account established and
maintained pursuant to Section 4.01(e).
Upper-Tier REMIC: One of the two separate REMICs comprising the Trust
Estate, the assets of which consist of the Uncertificated Lower-Tier Interests
and such amounts as shall from time to time be held in the Upper-Tier
Certificate Account.
U.S. Person: As defined in Section 4.01(f).
Voting Interest: With respect to any provisions hereof providing for the
action, consent or approval of the Holders of all Certificates evidencing
specified Voting Interests in the Trust Estate, the Class A-17 Certificates will
be entitled to 1% of the aggregate Voting Interest represented by all
Certificates and each remaining Class of Certificates will be entitled to a pro
rata portion of the remaining Voting Interest equal to the ratio obtained by
dividing the Principal Balance of such Class by the sum of the Class A Principal
Balance and the Class B Principal Balance. Each Certificateholder of a Class
will have a Voting Interest equal to the product of the Voting Interest to which
such Class is collectively entitled and the Percentage Interest in such Class
represented by such Holder's Certificates. With respect to any provisions hereof
providing for action, consent or approval of each Class of Certificates or
specified Classes of Certificates, each Certificateholder of a Class will have a
Voting Interest in such Class equal to such Holder's Percentage Interest in such
Class.
Weighted Average Net Mortgage Interest Rate: As to any Distribution Date, a
rate per annum equal to the average, expressed as a percentage of the Net
Mortgage Interest Rates of all Mortgage Loans that were Outstanding Mortgage
Loans as of the Due Date in the month preceding the month of such Distribution
Date, weighted on the basis of the respective Scheduled Principal Balances of
such Mortgage Loans.
SECTION 1.02. ACTS OF HOLDERS.
(a) Any request, demand, authorization, direction, notice, consent, waiver
or other action provided by this Agreement to be given or taken by Holders may
be embodied in and evidenced by one or more instruments of substantially similar
tenor signed by such Holders in person or by an agent duly appointed in writing.
Except as herein otherwise expressly provided, such action shall become
effective when such instrument or instruments are delivered to the Trustee.
Proof of execution of any such instrument or of a writing appointing any such
agent shall be sufficient for any purpose of this Agreement and conclusive in
favor of the Trustee, if made in the manner provided in this Section 1.02. The
Trustee shall promptly notify the Master Servicer in writing of the receipt of
any such instrument or writing.
(b) The fact and date of the execution by any Person of any such instrument
or writing may be proved by the affidavit of a witness of such execution or by a
certificate of a notary public or other officer authorized by law to take
acknowledgments of deeds, certifying that the individual signing such instrument
or writing acknowledged to him the execution thereof. When such execution is by
a signer acting in a capacity other than his or her individual capacity, such
certificate or affidavit shall also constitute sufficient proof of his or her
authority. The fact and date of the execution of any such instrument or writing,
or the authority of the individual executing the same, may also be proved in any
other manner which the Trustee deems sufficient.
(c) The ownership of Certificates (whether or not such Certificates shall
be overdue and notwithstanding any notation of ownership or other writing
thereon made by anyone other than the Trustee and the Authenticating Agent)
shall be proved by the Certificate Register, and neither the Trustee, the Seller
nor the Master Servicer shall be affected by any notice to the contrary.
(d) Any request, demand, authorization, direction, notice, consent, waiver
or other action of the Holder of any Certificate shall bind every future Holder
of the same Certificate and the Holder of every Certificate issued upon the
registration of transfer thereof or in exchange therefor or in lieu thereof in
respect of anything done, omitted or suffered to be done by the Trustee, the
Seller or the Master Servicer in reliance thereon, whether or not notation of
such action is made upon such Certificate.
SECTION 1.03. EFFECT OF HEADINGS AND TABLE OF CONTENTS.
The Article and Section headings in this Agreement and the Table of
Contents are for convenience of reference only and shall not affect the
interpretation or construction of this Agreement.
SECTION 1.04. BENEFITS OF AGREEMENT.
Nothing in this Agreement or in the Certificates, express or implied, shall
give to any Person, other than the parties to this Agreement and their
successors hereunder and the Holders of the Certificates and Ambac any benefit
or any legal or equitable right, power, remedy or claim under this Agreement.
<PAGE>
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF THE CERTIFICATES
SECTION 2.01. CONVEYANCE OF MORTGAGE LOANS.
The Seller, concurrently with the execution and delivery hereof, does
hereby assign to the Trustee, without recourse all the right, title and interest
of the Seller in and to (a) the Trust Estate, including all interest (other than
the portion, if any, representing the Fixed Retained Yield) and principal
received by the Seller on or with respect to the Mortgage Loans after the
Cut-Off Date (and including scheduled payments of principal and interest due
after the Cut-Off Date but received by the Seller on or before the Cut-Off Date
and Unscheduled Principal Receipts received or applied on the Cut-Off Date, but
not including payments of principal and interest due on the Mortgage Loans on or
before the Cut-Off Date), (b) the Insurance Policies, (c) the obligations of the
Servicers under the Servicing Agreements with respect to the Mortgage Loans, (d)
all of the Seller's right, title and interest in and to each Mortgage 100SM
Pledge Agreement, each Parent Power(R) Guaranty and Security Agreement for
Securities Account and each Parent Power(R) Guaranty Agreement for Real Estate
with respect to each MLCC Additional Collateral Mortgage Loan, (e) all of the
Seller's right, title and interest in and to each Dual Collateral Pledge
Agreement with respect to each NOVUS Additional Collateral Mortgage Loan and (f)
proceeds of all the foregoing.
In connection with such assignment, the Seller shall, with respect to each
Mortgage Loan, deliver, or cause to be delivered, to the Trustee, as initial
Custodian, on or before the Closing Date, an Owner Mortgage Loan File. If any
Mortgage or an assignment of a Mortgage to the Trustee or any prior assignment
is in the process of being recorded on the Closing Date, the Seller shall
deliver a copy thereof, certified by Norwest Mortgage or the applicable Norwest
Mortgage Correspondent to be a true and complete copy of the document sent for
recording, and the Seller shall use its best efforts to cause each such original
recorded document or certified copy thereof to be delivered to the Trustee
promptly following its recordation, but in no event later than one (1) year
following the Closing Date. The Seller shall also cause to be delivered to the
Trustee any other original mortgage loan document to be included in the Owner
Mortgage Loan File if a copy thereof has been delivered. The Seller shall pay
from its own funds, without any right of reimbursement therefor, the amount of
any costs, liabilities and expenses incurred by the Trust Estate by reason of
the failure of the Seller to cause to be delivered to the Trustee within one (1)
year following the Closing Date any original Mortgage or assignment of a
Mortgage not delivered to the Trustee on the Closing Date.
In lieu of recording an assignment of any Mortgage the Seller may, to the
extent set forth in the applicable Servicing Agreement, deliver or cause to be
delivered to the Trustee the assignment of the Mortgage Loan from the Seller to
the Trustee in a form suitable for recordation, together with an Opinion of
Counsel to the effect that recording is not required to protect the Trustee's
right, title and interest in and to the related Mortgage Loan or, in case a
court should recharacterize the sale of the Mortgage Loans as a financing, to
perfect a first priority security interest in favor of the Trustee in the
related Mortgage Loan. In the event that the Master Servicer receives notice
that recording is required to protect the right, title and interest of the
Trustee in and to any such Mortgage Loan for which recordation of an assignment
has not previously been required, the Master Servicer shall promptly notify the
Trustee and the Trustee shall within five Business Days (or such other
reasonable period of time mutually agreed upon by the Master Servicer and the
Trustee) of its receipt of such notice deliver each previously unrecorded
assignment to the related Servicer for recordation.
SECTION 2.02. ACCEPTANCE BY TRUSTEE.
The Trustee acknowledges receipt of the Mortgage Notes, the Mortgages, the
assignments and other documents required to be delivered on the Closing Date
pursuant to Section 2.01 above and declares that it holds and will hold such
documents and the other documents constituting a part of the Owner Mortgage Loan
Files delivered to it in trust, upon the trusts herein set forth, for the use
and benefit of all present and future Certificateholders. The Trustee agrees,
for the benefit of Certificateholders, to review each Owner Mortgage Loan File
within 45 days after execution of this Agreement in order to ascertain that all
required documents set forth in Section 2.01 have been executed and received and
appear regular on their face, and that such documents relate to the Mortgage
Loans identified in the Mortgage Loan Schedule, and in so doing the Trustee may
rely on the purported due execution and genuineness of any such document and on
the purported genuineness of any signature thereon. If within such 45 day period
the Trustee finds any document constituting a part of an Owner Mortgage Loan
File not to have been executed or received or to be unrelated to the Mortgage
Loans identified in the Mortgage Loan Schedule or not to appear regular on its
face, the Trustee shall promptly (and in no event more than 30 days after the
discovery of such defect) notify the Seller, which shall have a period of 60
days after the date of such notice within which to correct or cure any such
defect. The Seller hereby covenants and agrees that, if any material defect is
not so corrected or cured, the Seller will, not later than 60 days after the
Trustee's notice to it referred to above respecting such defect, either (i)
repurchase the related Mortgage Loan or any property acquired in respect thereof
from the Trust Estate at a price equal to (a) 100% of the unpaid principal
balance of such Mortgage Loan plus (b) accrued interest at the Mortgage Interest
Rate less any Fixed Retained Yield through the last day of the month in which
such repurchase takes place or (ii) if within two years of the Startup Day, or
such other period permitted by the REMIC Provisions, substitute for any Mortgage
Loan to which such material defect relates, a new mortgage loan (a "Substitute
Mortgage Loan") having such characteristics so that the representations and
warranties of the Seller set forth in Section 2.03(b) hereof (other than Section
2.03(b)(i)) would not have been incorrect had such Substitute Mortgage Loan
originally been a Mortgage Loan. In no event shall any Substitute Mortgage Loan
have an unpaid principal balance, as of the date of substitution, greater than
the Scheduled Principal Balance (reduced by the scheduled payment of principal
due on the Due Date in the month of substitution) of the Mortgage Loan for which
it is substituted. In addition, such Substitute Mortgage Loan shall have a
Loan-to-Value Ratio less than or equal to and a Mortgage Interest Rate equal to
that of the Mortgage Loan for which it is substituted.
In the case of a repurchased Mortgage Loan or property, the purchase price
shall be deposited by the Seller in the Certificate Account maintained by the
Master Servicer pursuant to Section 3.01. In the case of a Substitute Mortgage
Loan, the Owner Mortgage Loan File relating thereto shall be delivered to the
Trustee and the Substitution Principal Amount, together with (i) interest on
such Substitution Principal Amount at the applicable Net Mortgage Interest Rate
to the following Due Date of such Mortgage Loan which is being substituted for
and (ii) an amount equal to the aggregate amount of unreimbursed Periodic
Advances in respect of interest previously made by the Servicer, the Master
Servicer or the Trustee with respect to such Mortgage Loan, shall be deposited
in the Certificate Account. The Monthly Payment on the Substitute Mortgage Loan
for the Due Date in the month of substitution shall not be part of the Trust
Estate. Upon receipt by the Trustee of written notification of any such deposit
signed by an officer of the Seller, or the new Owner Mortgage Loan File, as the
case may be, the Trustee shall release to the Seller the related Owner Mortgage
Loan File and shall execute and deliver such instrument of transfer or
assignment, in each case without recourse, as shall be necessary to vest in the
Seller legal and beneficial ownership of such substituted or repurchased
Mortgage Loan or property. It is understood and agreed that the obligation of
the Seller to substitute a new Mortgage Loan for or repurchase any Mortgage Loan
or property as to which such a material defect in a constituent document exists
shall constitute the sole remedy respecting such defect available to the
Certificateholders or the Trustee on behalf of the Certificateholders. The
failure of the Trustee to give any notice contemplated herein within forty-five
(45) days after the execution of this Agreement shall not affect or relieve the
Seller's obligation to repurchase any Mortgage Loan pursuant to this Section
2.02.
The Trustee may, concurrently with the execution and delivery hereof or at
any time thereafter, enter into a Custodial Agreement substantially in the form
of Exhibit E hereto pursuant to which the Trustee appoints a Custodian to hold
the Mortgage Notes, the Mortgages, the assignments and other documents related
to the Mortgage Loans received by the Trustee in trust for the benefit of all
present and future Certificateholders, which may provide, among other things,
that the Custodian shall conduct the review of such documents required under the
first paragraph of this Section 2.02.
SECTION 2.03. REPRESENTATIONS AND WARRANTIES OF THE MASTER SERVICER AND
THE SELLER.
(a) The Master Servicer hereby represents and warrants to the Trustee for
the benefit of Certificateholders that, as of the date of execution of this
Agreement:
(i) The Master Servicer is a national banking association duly
chartered and validly existing in good standing under the laws of the
United States;
(ii) The execution and delivery of this Agreement by the Master
Servicer and its performance and compliance with the terms of this
Agreement will not violate the Master Servicer's corporate charter or
by-laws or constitute a default (or an event which, with notice or lapse of
time, or both, would constitute a default) under, or result in the breach
of, any material contract, agreement or other instrument to which the
Master Servicer is a party or which may be applicable to the Master
Servicer or any of its assets;
(iii) This Agreement, assuming due authorization, execution and
delivery by the Trustee and the Seller, constitutes a valid, legal and
binding obligation of the Master Servicer, enforceable against it in
accordance with the terms hereof subject to applicable bankruptcy,
insolvency, reorganization, moratorium and other laws affecting the
enforcement of creditors' rights generally and to general principles of
equity, regardless of whether such enforcement is considered in a
proceeding in equity or at law;
(iv) The Master Servicer is not in default with respect to any order
or decree of any court or any order, regulation or demand of any federal,
state, municipal or governmental agency, which default might have
consequences that would materially and adversely affect the condition
(financial or other) or operations of the Master Servicer or its properties
or might have consequences that would affect its performance hereunder; and
(v) No litigation is pending or, to the best of the Master Servicer's
knowledge, threatened against the Master Servicer which would prohibit its
entering into this Agreement or performing its obligations under this
Agreement.
It is understood and agreed that the representations and warranties set
forth in this Section 2.03(a) shall survive delivery of the respective Owner
Mortgage Loan Files to the Trustee or the Custodian.
(b) The Seller hereby represents and warrants to the Trustee for the
benefit of Certificateholders that, as of the date of execution of this
Agreement, with respect to the Mortgage Loans, or each Mortgage Loan, as the
case may be:
(i) The information set forth in the Mortgage Loan Schedule was true
and correct in all material respects at the date or dates respecting which
such information is furnished as specified in the Mortgage Loan Schedule;
(ii) Immediately prior to the transfer and assignment contemplated
herein, the Seller was the sole owner and holder of the Mortgage Loan free
and clear of any and all liens, pledges, charges or security interests of
any nature and has full right and authority to sell and assign the same;
(iii) The Mortgage is a valid, subsisting and enforceable first lien
on the property therein described, and the Mortgaged Property is free and
clear of all encumbrances and liens having priority over the first lien of
the Mortgage except for liens for real estate taxes and special assessments
not yet due and payable and liens or interests arising under or as a result
of any federal, state or local law, regulation or ordinance relating to
hazardous wastes or hazardous substances, and, if the related Mortgaged
Property is a condominium unit, any lien for common charges permitted by
statute or homeowners association fees; and if the Mortgaged Property
consists of shares of a cooperative housing corporation, any lien for
amounts due to the cooperative housing corporation for unpaid assessments
or charges or any lien of any assignment of rents or maintenance expenses
secured by the real property owned by the cooperative housing corporation;
and any security agreement, chattel mortgage or equivalent document related
to, and delivered to the Trustee or to the Custodian with, any Mortgage
establishes in the Seller a valid and subsisting first lien on the property
described therein and the Seller has full right to sell and assign the same
to the Trustee;
(iv) Neither the Seller nor any prior holder of the Mortgage or the
related Mortgage Note has modified the Mortgage or the related Mortgage
Note in any material respect, satisfied, canceled or subordinated the
Mortgage in whole or in part, released the Mortgaged Property in whole or
in part from the lien of the Mortgage, or executed any instrument of
release, cancellation, modification or satisfaction, except in each case as
is reflected in an agreement delivered to the Trustee or the Custodian
pursuant to Section 2.01;
(v) All taxes, governmental assessments, insurance premiums, and
water, sewer and municipal charges, which previously became due and owing
have been paid, or an escrow of funds has been established, to the extent
permitted by law, in an amount sufficient to pay for every such item which
remains unpaid; and the Seller has not advanced funds, or received any
advance of funds by a party other than the Mortgagor, directly or
indirectly (except pursuant to any Subsidy Loan arrangement) for the
payment of any amount required by the Mortgage, except for interest
accruing from the date of the Mortgage Note or date of disbursement of the
Mortgage Loan proceeds, whichever is later, to the day which precedes by
thirty days the first Due Date under the related Mortgage Note;
(vi) The Mortgaged Property is undamaged by water, fire, earthquake,
earth movement other than earthquake, windstorm, flood, tornado or similar
casualty (excluding casualty from the presence of hazardous wastes or
hazardous substances, as to which the Seller makes no representations), so
as to affect adversely the value of the Mortgaged Property as security for
the Mortgage Loan or the use for which the premises were intended and to
the best of the Seller's knowledge, there is no proceeding pending or
threatened for the total or partial condemnation of the Mortgaged Property;
(vii) The Mortgaged Property is free and clear of all mechanics' and
materialmen's liens or liens in the nature thereof; provided, however, that
this warranty shall be deemed not to have been made at the time of the
initial issuance of the Certificates if a title policy affording, in
substance, the same protection afforded by this warranty is furnished to
the Trustee by the Seller;
(viii) Except for Mortgage Loans secured by Co-op Shares and Mortgage
Loans secured by residential long-term leases, the Mortgaged Property
consists of a fee simple estate in real property; all of the improvements
which are included for the purpose of determining the appraised value of
the Mortgaged Property lie wholly within the boundaries and building
restriction lines of such property and no improvements on adjoining
properties encroach upon the Mortgaged Property (unless insured against
under the related title insurance policy); and to the best of the Seller's
knowledge, the Mortgaged Property and all improvements thereon comply with
all requirements of any applicable zoning and subdivision laws and
ordinances;
(ix) The Mortgage Loan meets, or is exempt from, applicable state or
federal laws, regulations and other requirements, pertaining to usury, and
the Mortgage Loan is not usurious;
(x) To the best of the Seller's knowledge, all inspections, licenses
and certificates required to be made or issued with respect to all occupied
portions of the Mortgaged Property and, with respect to the use and
occupancy of the same, including, but not limited to, certificates of
occupancy and fire underwriting certificates, have been made or obtained
from the appropriate authorities;
(xi) All payments required to be made up to the Due Date immediately
preceding the Cut-Off Date for such Mortgage Loan under the terms of the
related Mortgage Note have been made and no Mortgage Loan had more than one
delinquency in the 12 months preceding the Cut-Off Date;
(xii) The Mortgage Note, the related Mortgage and other agreements
executed in connection therewith are genuine, and each is the legal, valid
and binding obligation of the maker thereof, enforceable in accordance with
its terms, except as such enforcement may be limited by bankruptcy,
insolvency, reorganization or other similar laws affecting the enforcement
of creditors' rights generally and by general equity principles (regardless
of whether such enforcement is considered in a proceeding in equity or at
law); and, to the best of the Seller's knowledge, all parties to the
Mortgage Note and the Mortgage had legal capacity to execute the Mortgage
Note and the Mortgage and each Mortgage Note and Mortgage has been duly and
properly executed by the Mortgagor;
(xiii) Any and all requirements of any federal, state or local law
with respect to the origination of the Mortgage Loans including, without
limitation, truth-in-lending, real estate settlement procedures, consumer
credit protection, equal credit opportunity or disclosure laws applicable
to the Mortgage Loans have been complied with;
(xiv) The proceeds of the Mortgage Loans have been fully disbursed,
there is no requirement for future advances thereunder and any and all
requirements as to completion of any on-site or off-site improvements and
as to disbursements of any escrow funds therefor have been complied with
(except for escrow funds for exterior items which could not be completed
due to weather and escrow funds for the completion of swimming pools); and
all costs, fees and expenses incurred in making, closing or recording the
Mortgage Loan have been paid, except recording fees with respect to
Mortgages not recorded as of the Closing Date;
(xv) The Mortgage Loan (except any Mortgage Loan secured by a
Mortgaged Property located in any jurisdiction, as to which an opinion of
counsel of the type customarily rendered in such jurisdiction in lieu of
title insurance is instead received) is covered by an American Land Title
Association mortgagee title insurance policy or other generally acceptable
form of policy or insurance acceptable to FNMA or FHLMC, issued by a title
insurer acceptable to FNMA or FHLMC insuring the originator, its successors
and assigns, as to the first priority lien of the Mortgage in the original
principal amount of the Mortgage Loan and subject only to (A) the lien of
current real property taxes and assessments not yet due and payable, (B)
covenants, conditions and restrictions, rights of way, easements and other
matters of public record as of the date of recording of such Mortgage
acceptable to mortgage lending institutions in the area in which the
Mortgaged Property is located or specifically referred to in the appraisal
performed in connection with the origination of the related Mortgage Loan,
(C) liens created pursuant to any federal, state or local law, regulation
or ordinance affording liens for the costs of clean-up of hazardous
substances or hazardous wastes or for other environmental protection
purposes and (D) such other matters to which like properties are commonly
subject which do not individually, or in the aggregate, materially
interfere with the benefits of the security intended to be provided by the
Mortgage; the Seller is the sole insured of such mortgagee title insurance
policy, the assignment to the Trustee, of the Seller's interest in such
mortgagee title insurance policy does not require any consent of or
notification to the insurer which has not been obtained or made, such
mortgagee title insurance policy is in full force and effect and will be in
full force and effect and inure to the benefit of the Trustee, no claims
have been made under such mortgagee title insurance policy, and no prior
holder of the related Mortgage, including the Seller, has done, by act or
omission, anything which would impair the coverage of such mortgagee title
insurance policy;
(xvi) The Mortgaged Property securing each Mortgage Loan is insured by
an insurer acceptable to FNMA or FHLMC against loss by fire and such
hazards as are covered under a standard extended coverage endorsement, in
an amount which is not less than the lesser of 100% of the insurable value
of the Mortgaged Property and the outstanding principal balance of the
Mortgage Loan, but in no event less than the minimum amount necessary to
fully compensate for any damage or loss on a replacement cost basis; if the
Mortgaged Property is a condominium unit, it is included under the coverage
afforded by a blanket policy for the project; if upon origination of the
Mortgage Loan, the improvements on the Mortgaged Property were in an area
identified in the Federal Register by the Federal Emergency Management
Agency as having special flood hazards, a flood insurance policy meeting
the requirements of the current guidelines of the Federal Insurance
Administration is in effect with a generally acceptable insurance carrier,
in an amount representing coverage not less than the least of (A) the
outstanding principal balance of the Mortgage Loan, (B) the full insurable
value of the Mortgaged Property and (C) the maximum amount of insurance
which was available under the National Flood Insurance Act of 1968, as
amended; and each Mortgage obligates the Mortgagor thereunder to maintain
all such insurance at the Mortgagor's cost and expense;
(xvii) To the best of the Seller's knowledge, there is no default,
breach, violation or event of acceleration existing under the Mortgage or
the related Mortgage Note and no event which, with the passage of time or
with notice and the expiration of any grace or cure period, would
constitute a default, breach, violation or event of acceleration; the
Seller has not waived any default, breach, violation or event of
acceleration; and no foreclosure action is currently threatened or has been
commenced with respect to the Mortgage Loan;
(xviii) No Mortgage Note or Mortgage is subject to any right of
rescission, set-off, counterclaim or defense, including the defense of
usury, nor will the operation of any of the terms of the Mortgage Note or
Mortgage, or the exercise of any right thereunder, render the Mortgage Note
or Mortgage unenforceable, in whole or in part, or subject it to any right
of rescission, set-off, counterclaim or defense, including the defense of
usury, and no such right of rescission, set-off, counterclaim or defense
has been asserted with respect thereto;
(xix) Each Mortgage Note is payable in monthly payments, resulting in
complete amortization of the Mortgage Loan over a term of not more than 360
months;
(xx) Each Mortgage contains customary and enforceable provisions such
as to render the rights and remedies of the holder thereof adequate for the
realization against the Mortgaged Property of the benefits of the security,
including realization by judicial foreclosure (subject to any limitation
arising from any bankruptcy, insolvency or other law for the relief of
debtors), and there is no homestead or other exemption available to the
Mortgagor which would interfere with such right of foreclosure;
(xxi) To the best of the Seller's knowledge, no Mortgagor is a debtor
in any state or federal bankruptcy or insolvency proceeding;
(xxii) Each Mortgaged Property is located in the United States and
consists of a one- to four-unit residential property, which may include a
detached home, townhouse, condominium unit or a unit in a planned unit
development or, in the case of Mortgage Loans secured by Co-op Shares,
leases or occupancy agreements;
(xxiii) The Mortgage Loan is a "qualified mortgage" within the meaning
of Section 860G(a)(3) of the Code;
(xxiv) With respect to each Mortgage where a lost note affidavit has
been delivered to the Trustee in place of the related Mortgage Note, the
related Mortgage Note is no longer in existence;
(xxv) In the event that the Mortgagor is an inter vivos "living"
trust, (i) such trust is in compliance with FNMA or FHLMC standards for
inter vivos trusts and (ii) holding title to the Mortgaged Property in such
trust will not diminish any rights as a creditor including the right to
full title to the Mortgaged Property in the event foreclosure proceedings
are initiated; and
(xxvi) If the Mortgage Loan is secured by a long-term residential
lease, (1) the lessor under the lease holds a fee simple interest in the
land; (2) the terms of such lease expressly permit the mortgaging of the
leasehold estate, the assignment of the lease without the lessor's consent
and the acquisition by the holder of the Mortgage of the rights of the
lessee upon foreclosure or assignment in lieu of foreclosure or provide the
holder of the Mortgage with substantially similar protections; (3) the
terms of such lease do not (a) allow the termination thereof upon the
lessee's default without the holder of the Mortgage being entitled to
receive written notice of, and opportunity to cure, such default, (b) allow
the termination of the lease in the event of damage or destruction as long
as the Mortgage is in existence, (c) prohibit the holder of the Mortgage
from being insured (or receiving proceeds of insurance) under the hazard
insurance policy or policies relating to the Mortgaged Property or (d)
permit any increase in rent other than pre-established increases set forth
in the lease; (4) the original term of such lease is not less than 15
years; (5) the term of such lease does not terminate earlier than five
years after the maturity date of the Mortgage Note; and (6) the Mortgaged
Property is located in a jurisdiction in which the use of leasehold estates
in transferring ownership in residential properties is a widely accepted
practice.
Notwithstanding the foregoing, no representations or warranties are made by
the Seller as to the environmental condition of any Mortgaged Property; the
absence, presence or effect of hazardous wastes or hazardous substances on any
Mortgaged Property; any casualty resulting from the presence or effect of
hazardous wastes or hazardous substances on, near or emanating from any
Mortgaged Property; the impact on Certificateholders of any environmental
condition or presence of any hazardous substance on or near any Mortgaged
Property; or the compliance of any Mortgaged Property with any environmental
laws, nor is any agent, person or entity otherwise affiliated with the Seller
authorized or able to make any such representation, warranty or assumption of
liability relative to any Mortgaged Property. In addition, no representations or
warranties are made by the Seller with respect to the absence or effect of fraud
in the origination of any Mortgage Loan.
It is understood and agreed that the representations and warranties set
forth in this Section 2.03(b) shall survive delivery of the respective Owner
Mortgage Loan Files to the Trustee and shall inure to the benefit of the
Trustee, notwithstanding any restrictive or qualified endorsement or assignment.
(c) Upon discovery by either the Seller, the Master Servicer, the Trustee
or the Custodian that any of the representations and warranties made in
subsection (b) above is not accurate (referred to herein as a "breach") and that
such breach materially and adversely affects the interests of the
Certificateholders in the related Mortgage Loan, the party discovering such
breach shall give prompt written notice to the other parties (any Custodian
being so obligated under a Custodial Agreement). Within 60 days of the earlier
of its discovery or its receipt of notice of any such breach, the Seller shall
cure such breach in all material respects or shall either (i) repurchase the
Mortgage Loan or any property acquired in respect thereof from the Trust Estate
at a price equal to (A) 100% of the unpaid principal balance of such Mortgage
Loan plus (B) accrued interest at the Net Mortgage Interest Rate for such
Mortgage Loan through the last day of the month in which such repurchase took
place or (ii) if within two years of the Startup Day, or such other period
permitted by the REMIC Provisions, substitute for such Mortgage Loan in the
manner described in Section 2.02. The purchase price of any repurchase described
in this paragraph and the Substitution Principal Amount, if any, plus accrued
interest thereon and the other amounts referred to in Section 2.02, shall be
deposited in the Certificate Account. It is understood and agreed that the
obligation of the Seller to repurchase or substitute for any Mortgage Loan or
property as to which such a breach has occurred and is continuing shall
constitute the sole remedy respecting such breach available to
Certificateholders or the Trustee on behalf of Certificateholders, and such
obligation shall survive until termination of the Trust Estate hereunder.
SECTION 2.04. EXECUTION AND DELIVERY OF CERTIFICATES.
The Trustee acknowledges the assignment to it of the Mortgage Loans and the
delivery of the Owner Mortgage Loan Files to it, and, concurrently with such
delivery, (i) acknowledges the issuance of and hereby declares that it holds the
Uncertificated Lower-Tier Interests on behalf of the Upper-Tier REMIC and
Certificateholders and (ii) has executed and delivered to or upon the order of
the Seller, in exchange for the Mortgage Loans and Uncertificated Lower-Tier
Interests together with all other assets included in the definition of "Trust
Estate", receipt of which is hereby acknowledged, Certificates in authorized
denominations which, together with the Uncertificated Lower-Tier Interests,
evidence ownership of the entire Trust Estate.
SECTION 2.05. DESIGNATION OF CERTIFICATES; DESIGNATION OF
STARTUP DAY AND LATEST POSSIBLE MATURITY DATE.
The Seller hereby designates the Classes of Class A Certificates (other
than the Class A-R and Class A-LR Certificates) and the Classes of Class B
Certificates as classes of "regular interests" and the Class A-R Certificate as
the single class of "residual interest" in the Upper-Tier REMIC for the purposes
of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Seller hereby
further designates the Class A-L1 Interest, Class A-L4 Interest, Class A-L6
Interest, Class A-L10 Interest, Class A-L11 Interest, Class A-L17 Interest,
Class A-LPO Interest, Class A-LUR Interest, Class B-L1 Interest, Class B-L2
Interest, Class B-L3 Interest, Class B-L4 Interest, Class B-L5 Interest and
Class B-L6 Interest as classes of "regular interests" and the Class A-LR
Certificate as the single class of "residual interest" in the Lower-Tier REMIC
for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The
Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier
REMIC and Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The
"latest possible maturity date" of the regular interests in the Upper-Tier REMIC
and Lower-Tier REMIC is August 25, 2029 for purposes of Code Section 860G(a)(1).
<PAGE>
ARTICLE III
ADMINISTRATION OF THE TRUST ESTATE: SERVICING
OF THE MORTGAGE LOANS
SECTION 3.01. CERTIFICATE ACCOUNT.
(a) The Master Servicer shall establish and maintain a Certificate Account
for the deposit of funds received by the Master Servicer with respect to the
Mortgage Loans serviced by each Servicer pursuant to each of the Servicing
Agreements. Such account shall be maintained as an Eligible Account. The Master
Servicer shall give notice to each Servicer and the Seller of the location of
the Certificate Account and of any change in the location thereof.
(b) The Master Servicer shall deposit into the Certificate Account on the
day of receipt thereof all amounts received by it from any Servicer pursuant to
any of the Servicing Agreements, any amounts received by it upon the sale of any
(A) MLCC Additional Collateral pursuant to the terms of the Mortgage 100SM
Pledge Agreement, the Parent Power(R) Guaranty and Security Agreement for
Securities Account or the Parent Power(R) Guaranty Agreement for Real Estate, or
(B) NOVUS Additional Collateral pursuant to the terms of the Dual Collateral
Pledge Agreement or any amounts received pursuant to the MLCC Surety Bond or the
NOVUS Surety Bond, and shall, in addition, deposit into the Certificate Account
the following amounts, in the case of amounts specified in clause (i), not later
than the Distribution Date on which such amounts are required to be distributed
to Certificateholders and, in the case of the amounts specified in clause (ii),
not later than the Business Day next following the day of receipt and posting by
the Master Servicer:
(i) Periodic Advances pursuant to Section 3.03(a) made by the Master
Servicer or the Trustee, if any and any amounts deemed received by the
Master Servicer pursuant to Section 3.01(d); and
(ii) in the case of any Mortgage Loan that is repurchased by the
Seller pursuant to Section 2.02 or 2.03 or that is auctioned by the Master
Servicer pursuant to Section 3.08 or purchased by the Master Servicer
pursuant to Section 3.08 or 9.01, the purchase price therefor or, where
applicable, any Substitution Principal Amount and any amounts received in
respect of the interest portion of unreimbursed Periodic Advances.
(c) The Master Servicer shall cause the funds in the Certificate Account to
be invested in Eligible Investments. No such Eligible Investments will be sold
or disposed of at a gain prior to maturity unless the Master Servicer has
received an Opinion of Counsel or other evidence satisfactory to it that such
sale or disposition will not cause the Trust Estate to be subject to Prohibited
Transactions Tax, otherwise subject the Trust Estate to tax, or cause either of
the Upper-Tier REMIC or the Lower-Tier REMIC to fail to qualify as a REMIC while
any Certificates are outstanding. Any amounts deposited in the Certificate
Account prior to the Distribution Date shall be invested for the account of the
Master Servicer and any investment income thereon shall be additional
compensation to the Master Servicer for services rendered under this Agreement.
The amount of any losses incurred in respect of any such investments shall be
deposited in the Certificate Account by the Master Servicer out of its own funds
immediately as realized.
(d) For purposes of this Agreement, the Master Servicer will be deemed to
have received from a Servicer on the applicable Remittance Date for such funds
all amounts deposited by such Servicer into the Custodial Account for P&I
maintained in accordance with the applicable Servicing Agreement, if such
Custodial Account for P&I is not an Eligible Account as defined in this
Agreement, to the extent such amounts are not actually received by the Master
Servicer on such Remittance Date as a result of the bankruptcy, insolvency,
receivership or other financial distress of the depository institution in which
such Custodial Account for P&I is being held. To the extent that amounts so
deemed to have been received by the Master Servicer are subsequently remitted to
the Master Servicer, the Master Servicer shall be entitled to retain such
amounts.
SECTION 3.02. PERMITTED WITHDRAWALS FROM THE CERTIFICATE ACCOUNT.
(a) The Master Servicer may, from time to time, make withdrawals from the
Certificate Account for the following purposes (limited, in the case of Servicer
reimbursements, to cases where funds in the respective Custodial P&I Account are
not sufficient therefor):
(i) to reimburse the Master Servicer, the Trustee or any Servicer for
Periodic Advances made by the Master Servicer or the Trustee pursuant to
Section 3.03(a) or any Servicer pursuant to any Servicing Agreement with
respect to previous Distribution Dates, such right to reimbursement
pursuant to this subclause (i) being limited to amounts received on or in
respect of particular Mortgage Loans (including, for this purpose,
Liquidation Proceeds, REO Proceeds and proceeds from the purchase, sale,
repurchase or substitution of Mortgage Loans pursuant to Sections 2.02,
2.03, 3.08 or 9.01) respecting which any such Periodic Advance was made;
(ii) to reimburse any Servicer, the Master Servicer or the Trustee for
any Periodic Advances determined in good faith to have become
Nonrecoverable Advances provided, however, that any portion of
Nonrecoverable Advances representing Fixed Retained Yield shall be
reimbursable only from amounts constituting Fixed Retained Yield and not
from the assets of the Trust Estate;
(iii) to reimburse the Master Servicer or any Servicer from
Liquidation Proceeds for Liquidation Expenses and for amounts expended by
the Master Servicer or any Servicer pursuant hereto or to any Servicing
Agreement, respectively, in good faith in connection with the restoration
of damaged property or for foreclosure expenses;
(iv) from any Mortgagor payment on account of interest or other
recovery (including Net REO Proceeds) with respect to a particular Mortgage
Loan, to pay the Master Servicing Fee with respect to such Mortgage Loan to
the Master Servicer;
(v) to reimburse the Master Servicer, any Servicer or the Trustee (or,
in certain cases, the Seller) for expenses incurred by it (including taxes
paid on behalf of the Trust Estate) and recoverable by or reimbursable to
it pursuant to Section 3.03(c), 3.03(d) or 6.03 or the second sentence of
Section 8.14(a) or pursuant to such Servicer's Servicing Agreement,
provided such expenses are "unanticipated" within the meaning of the REMIC
Provisions;
(vi) to pay to the Seller or other purchaser with respect to each
Mortgage Loan or property acquired in respect thereof that has been
repurchased or replaced pursuant to Section 2.02 or 2.03 or auctioned
pursuant to Section 3.08 or to pay to the Master Servicer with respect to
each Mortgage Loan or property acquired in respect thereof that has been
purchased pursuant to Section 3.08 or 9.01, all amounts received thereon
and not required to be distributed as of the date on which the related
repurchase or purchase price or Scheduled Principal Balance was determined;
(vii) to remit funds to the Paying Agent in the amounts and in the
manner provided for herein;
(viii) to pay to the Master Servicer any interest earned on or
investment income with respect to funds in the Certificate Account;
(ix) to pay to the Master Servicer or any Servicer out of Liquidation
Proceeds allocable to interest the amount of any unpaid Master Servicing
Fee or Servicing Fee (as adjusted pursuant to the related Servicing
Agreement) and any unpaid assumption fees, late payment charges or other
Mortgagor charges on the related Mortgage Loan;
(x) to withdraw from the Certificate Account any amount deposited in
the Certificate Account that was not required to be deposited therein;
(xi) to clear and terminate the Certificate Account pursuant to
Section 9.01; and
(xii) to pay to Norwest Mortgage from any Mortgagor payment on account
of interest or other recovery (including Net REO Proceeds) with respect to
a particular Mortgage Loan, the Fixed Retained Yield, if any, with respect
to such Mortgage Loan; provided, however, that with respect to any payment
of interest received by the Master Servicer in respect of a Mortgage Loan
(whether paid by the Mortgagor or received as Liquidation Proceeds,
Insurance Proceeds or otherwise) which is less than the full amount of
interest then due with respect to such Mortgage Loan, only that portion of
such payment of interest that bears the same relationship to the total
amount of such payment of interest as the Fixed Retained Yield Rate, if
any, in respect of such Mortgage Loan bears to the Mortgage Interest Rate
shall be allocated to the Fixed Retained Yield with respect thereto.
(b) The Master Servicer shall keep and maintain separate accounting, on a
Mortgage Loan by Mortgage Loan basis, for the purpose of justifying any payment
to and withdrawal from the Certificate Account.
SECTION 3.03. ADVANCES BY MASTER SERVICER AND TRUSTEE.
(a) In the event an Other Servicer fails to make any required Periodic
Advances of principal and interest on a Mortgage Loan as required by the related
Other Servicing Agreement prior to the Distribution Date occurring in the month
during which such Periodic Advance is due, the Master Servicer shall make
Periodic Advances to the extent provided hereby. In the event Norwest Mortgage
fails to make any required Periodic Advances of principal and interest on a
Mortgage Loan as required by the Norwest Servicing Agreement prior to the
Distribution Date occurring in the month during which such Periodic Advance is
due, the Trustee shall, to the extent required by Section 8.15, make such
Periodic Advance to the extent provided hereby, provided that the Trustee has
previously received the certificate of the Master Servicer described in the
following sentence. The Master Servicer shall certify to the Trustee with
respect to any such Distribution Date (i) the amount of Periodic Advances
required of Norwest Mortgage or such Other Servicer, as the case may be, (ii)
the amount actually advanced by Norwest Mortgage or such Other Servicer, (iii)
the amount that the Trustee or Master Servicer is required to advance hereunder
and (iv) whether the Master Servicer has determined that it reasonably believes
that such Periodic Advance is a Nonrecoverable Advance. Amounts advanced by the
Trustee or Master Servicer shall be deposited in the Certificate Account on the
related Distribution Date. Notwithstanding the foregoing, neither the Master
Servicer nor the Trustee will be obligated to make a Periodic Advance that it
reasonably believes to be a Nonrecoverable Advance. The Trustee may conclusively
rely for any determination to be made by it hereunder upon the determination of
the Master Servicer as set forth in its certificate.
(b) To the extent an Other Servicer fails to make an advance on account of
the taxes or insurance premiums with respect to a Mortgage Loan required
pursuant to the related Other Servicing Agreement, the Master Servicer shall, if
the Master Servicer knows of such failure of the Servicer, advance such funds
and take such steps as are necessary to pay such taxes or insurance premiums. To
the extent Norwest Mortgage fails to make an advance on account of the taxes or
insurance premiums with respect to a Mortgage Loan required pursuant to the
Norwest Servicing Agreement, the Master Servicer shall, if the Master Servicer
knows of such failure of Norwest Mortgage, certify to the Trustee that such
failure has occurred. Upon receipt of such certification, the Trustee shall
advance such funds and take such steps as are necessary to pay such taxes or
insurance premiums.
(c) The Master Servicer and the Trustee shall each be entitled to be
reimbursed from the Certificate Account for any Periodic Advance made by it
under Section 3.03(a) to the extent described in Section 3.02(a)(i) and (a)(ii).
The Master Servicer and the Trustee shall be entitled to be reimbursed pursuant
to Section 3.02(a)(v) for any advance by it pursuant to Section 3.03(b). The
Master Servicer shall diligently pursue restoration of such amount to the
Certificate Account from the related Servicer. The Master Servicer shall, to the
extent it has not already done so, upon the request of the Trustee, withdraw
from the Certificate Account and remit to the Trustee any amounts to which the
Trustee is entitled as reimbursement pursuant to Section 3.02 (a)(i), (ii) and
(v).
(d) Except as provided in Section 3.03(a) and (b), neither the Master
Servicer nor the Trustee shall be required to pay or advance any amount which
any Servicer was required, but failed, to deposit in the Certificate Account.
SECTION 3.04. TRUSTEE TO COOPERATE; RELEASE OF OWNER MORTGAGE LOAN FILES.
Upon the receipt by the Master Servicer of a Request for Release in
connection with the deposit by a Servicer into the Certificate Account of the
proceeds from a Liquidated Loan or of a Prepayment in Full, the Master Servicer
shall confirm to the Trustee that all amounts required to be remitted to the
Certificate Account in connection with such Mortgage Loan have been so
deposited, and shall deliver such Request for Release to the Trustee. The
Trustee shall, within five Business Days of its receipt of such a Request for
Release, release the related Owner Mortgage Loan File to the Master Servicer or
such Servicer, as requested by the Master Servicer. No expenses incurred in
connection with any instrument of satisfaction or deed of reconveyance shall be
chargeable to the Certificate Account.
From time to time and as appropriate for the servicing or foreclosure of
any Mortgage Loan, including but not limited to, collection under any insurance
policies, or to effect a partial release of any Mortgaged Property from the lien
of the Mortgage, the Servicer of such Mortgage Loan shall deliver to the Master
Servicer a Request for Release. Upon the Master Servicer's receipt of any such
Request for Release, the Master Servicer shall promptly forward such request to
the Trustee and the Trustee shall, within five Business Days, release the
related Owner Mortgage Loan File to the Master Servicer or such Servicer, as
requested by the Master Servicer. Any such Request for Release shall obligate
the Master Servicer or such Servicer, as the case may be, to return each and
every document previously requested from the Owner Mortgage Loan File to the
Trustee by the twenty-first day following the release thereof, unless (i) the
Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the
Mortgage Loan have been deposited in the Certificate Account or (ii) the Owner
Mortgage Loan File or such document has been delivered to an attorney, or to a
public trustee or other public official as required by law, for purposes of
initiating or pursuing legal action or other proceedings for the foreclosure of
the Mortgaged Property either judicially or non-judicially, and the Master
Servicer has delivered to the Trustee a certificate of the Master Servicer or
such Servicer certifying as to the name and address of the Person to which such
Owner Mortgage Loan File or such document was delivered and the purpose or
purposes of such delivery. Upon receipt of an Officer's Certificate of the
Master Servicer or such Servicer stating that such Mortgage Loan was liquidated
and that all amounts received or to be received in connection with such
liquidation which are required to be deposited into the Certificate Account have
been so deposited, or that such Mortgage Loan has become an REO Mortgage Loan,
the Request for Release shall be released by the Trustee to the Master Servicer
or such Servicer, as appropriate.
Upon written certification of the Master Servicer or the Servicer of a
Mortgage Loan, the Trustee shall execute and deliver to the Master Servicer or
such Servicer, as directed by the Master Servicer, court pleadings, requests for
trustee's sale or other documents necessary to the foreclosure or trustee's sale
in respect of a Mortgaged Property or to any legal action brought to obtain
judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a
deficiency judgment, or to enforce any other remedies or rights provided by the
Mortgage Note or Mortgage or otherwise available at law or in equity. Each such
certification shall include a request that such pleadings or documents be
executed by the Trustee and a statement as to the reason such documents or
pleadings are required and that the execution and delivery thereof by the
Trustee will not invalidate or otherwise affect the lien of the Mortgage, except
for the termination of such a lien upon completion of the foreclosure proceeding
or trustee's sale.
SECTION 3.05. REPORTS TO THE TRUSTEE; ANNUAL COMPLIANCE STATEMENTS.
(a) Not later than 15 days after each Distribution Date, the Master
Servicer shall deliver to the Trustee a statement setting forth the status of
the Certificate Account as of the close of business on such Distribution Date
stating that all distributions required to be made by the Master Servicer under
this Agreement have been made (or, if any required distribution has not been
made by the Master Servicer, specifying the nature and status thereof) and
showing, for the period covered by such statement, the aggregate amount of
deposits into and withdrawals from such account for each category of deposit and
withdrawal specified in Sections 3.01 and 3.02. Such statement may be in the
form of the then current FNMA monthly accounting report for its Guaranteed
Mortgage Pass-Through Program with appropriate additions and changes, and shall
also include information as to the aggregate unpaid principal balance of all of
the Mortgage Loans as of the close of business as of the last day of the
calendar month immediately preceding such Distribution Date. Copies of such
statement shall be provided by the Trustee to any Certificateholder upon written
request, provided such statement is delivered, or caused to be delivered, by the
Master Servicer to the Trustee.
(b) The Master Servicer shall deliver to the Trustee on or before April 30
of each year, a certificate signed by an officer of the Master Servicer,
certifying that (i) such officer has reviewed the activities of the Master
Servicer during the preceding calendar year or portion thereof and its
performance under this agreement and (ii) to the best of such officer's
knowledge, based on such review, the Master Servicer has performed and fulfilled
its duties, responsibilities and obligations under this agreement in all
material respects throughout such year, or, if there has been a default in the
fulfillment of any such duties, responsibilities or obligations, specifying each
such default known to such officer and the nature and status thereof, and, (iii)
(A) the Master Servicer has received from each Servicer any financial
statements, officer's certificates, accountant's statements or other information
required to be provided to the Master Servicer pursuant to the related Servicing
Agreement and (B) to the best of such officer's knowledge, based on a review of
the information provided to the Master Servicer by each Servicer as described in
(iii)(A) above, each Servicer has performed and fulfilled its duties,
responsibilities and obligations under the related Servicing Agreement in all
material respects throughout such year, or, if there has been a default in the
fulfillment of any such duties, responsibilities or obligations, specifying each
such default known to such officer and the nature and status thereof. Copies of
such officers' certificate shall be provided by the Trustee to any
Certificateholder upon written request provided such certificate is delivered,
or caused to be delivered, by the Master Servicer to the Trustee.
SECTION 3.06. TITLE, MANAGEMENT AND DISPOSITION OF ANY REO MORTGAGE LOAN.
The Master Servicer shall ensure that each REO Mortgage Loan is
administered by the related Servicer at all times so that it qualifies as
"foreclosure property" under the REMIC Provisions and that it does not earn any
"net income from foreclosure property" which is subject to tax under the REMIC
Provisions. In the event that a Servicer is unable to dispose of any REO
Mortgage Loan within the period mandated by each of the Servicing Agreements,
the Master Servicer shall monitor such Servicer to verify that such REO Mortgage
Loan is auctioned to the highest bidder within the period so specified. In the
event of any such sale of REO Mortgage Loan, the Trustee shall, at the written
request of the Master Servicer and upon being supported with appropriate forms
therefor, within five Business Days of the deposit by the Master Servicer of the
proceeds of such sale or auction into the Certificate Account, release or cause
to be released to the entity identified by the Master Servicer the related Owner
Mortgage Loan File and Servicer Mortgage Loan File and shall execute and deliver
such instruments of transfer or assignment, in each case without recourse, as
shall be necessary to vest in the auction purchaser title to the REO Mortgage
Loan and the Trustee shall have no further responsibility with regard to such
Owner Mortgage Loan File or Servicer Mortgage Loan File. Neither the Trustee,
the Master Servicer nor any Servicer, acting on behalf of the Trust Estate,
shall provide financing from the Trust Estate to any purchaser of an REO
Mortgage Loan.
SECTION 3.07. AMENDMENTS TO SERVICING AGREEMENTS,
MODIFICATION OF STANDARD PROVISIONS.
(a) Subject to the prior written consent of the Trustee pursuant to Section
3.07(b), the Master Servicer from time to time may, to the extent permitted by
the applicable Servicing Agreement, make such modifications and amendments to
such Servicing Agreement as the Master Servicer deems necessary or appropriate
to confirm or carry out more fully the intent and purpose of such Servicing
Agreement and the duties, responsibilities and obligations to be performed by
the Servicer thereunder. Such modifications may only be made if they are
consistent with the REMIC Provisions, as evidenced by an Opinion of Counsel.
Prior to the issuance of any modification or amendment, the Master Servicer
shall deliver to the Trustee such Opinion of Counsel and an Officer's
Certificate setting forth (i) the provision that is to be modified or amended,
(ii) the modification or amendment that the Master Servicer desires to issue and
(iii) the reason or reasons for such proposed amendment or modification.
(b) The Trustee shall consent to any amendment or supplement to a Servicing
Agreement proposed by the Master Servicer pursuant to Section 3.07(a), which
consent and amendment shall not require the consent of any Certificateholder if
it is (i) for the purpose of curing any mistake or ambiguity or to further
effect or protect the rights of the Certificateholders or (ii) for any other
purpose, provided such amendment or supplement for such other purpose cannot
reasonably be expected to adversely affect Certificateholders. The lack of
reasonable expectation of an adverse effect on Certificateholders may be
established through the delivery to the Trustee of (i) an Opinion of Counsel to
such effect or (ii) written notification from each Rating Agency to the effect
that such amendment or supplement will not result in reduction of the current
rating assigned by that Rating Agency to the Certificates. Notwithstanding the
two immediately preceding sentences, the Trustee may, in its discretion, decline
to enter into or consent to any such supplement or amendment if its own rights,
duties or immunities shall be adversely affected.
(c) (i) Notwithstanding anything to the contrary in this Section 3.07, the
Master Servicer from time to time may, without the consent of any
Certificateholder or the Trustee, enter into an amendment (A) to an Other
Servicing Agreement for the purpose of (i) eliminating or reducing Month End
Interest and (ii) providing for the remittance of Full Unscheduled Principal
Receipts by the applicable Servicer to the Master Servicer not later than the
24th day of each month (or if such day is not a Business Day, on the previous
Business Day) or (B) to the Norwest Servicing Agreement for the purpose of
changing the applicable Remittance Date to the 18th day of each month (or if
such day is not a Business Day, on the previous Business Day).
(ii) The Master Servicer may direct Norwest Mortgage to enter into an
amendment to the Norwest Servicing Agreement for the purposes described in
Sections 3.07(c)(i)(B) and 10.01(b)(iii).
SECTION 3.08. OVERSIGHT OF SERVICING.
The Master Servicer shall supervise, monitor and oversee the servicing of
the Mortgage Loans by each Servicer and the performance by each Servicer of all
services, duties, responsibilities and obligations (including the obligation to
maintain an Errors and Omissions Policy and Fidelity Bond) that are to be
observed or performed by the Servicer under its respective Servicing Agreement.
In performing its obligations hereunder, the Master Servicer shall act in a
manner consistent with Accepted Master Servicing Practices and with the
Trustee's and the Certificateholders' reliance on the Master Servicer, and in a
manner consistent with the terms and provisions of any insurance policy required
to be maintained by the Master Servicer or any Servicer pursuant to this
Agreement or any Servicing Agreement. The Master Servicer acknowledges that
prior to taking certain actions required to service the Mortgage Loans, each
Servicing Agreement provides that the Servicer thereunder must notify, consult
with, obtain the consent of or otherwise follow the instructions of the Master
Servicer. The Master Servicer is also given authority to waive compliance by a
Servicer with certain provisions of its Servicing Agreement. In each such
instance, the Master Servicer shall promptly instruct such Servicer or otherwise
respond to such Servicer's request. In no event will the Master Servicer
instruct such Servicer to take any action, give any consent to action by such
Servicer or waive compliance by such Servicer with any provision of such
Servicer's Servicing Agreement if any resulting action or failure to act would
be inconsistent with the requirements of the Rating Agencies that rated the
Certificates or would otherwise have an adverse effect on the
Certificateholders. Any such action or failure to act shall be deemed to have an
adverse effect on the Certificateholders if such action or failure to act either
results in (i) the downgrading of the rating assigned by any Rating Agency to
the Certificates, (ii) the loss by the Upper-Tier REMIC or the Lower-Tier REMIC
of REMIC status for federal income tax purposes or (iii) the imposition of any
Prohibited Transaction Tax or any federal taxes on either the Upper-Tier REMIC,
the Lower-Tier REMIC or the Trust Estate. The Master Servicer shall have full
power and authority in its sole discretion to take any action with respect to
the Trust Estate as may be necessary or advisable to avoid the circumstances
specified including clause (ii) or (iii) of the preceding sentence.
For the purposes of determining whether any modification of a Mortgage Loan
shall be permitted by the Trustee or the Master Servicer, such modification
shall be construed as a substitution of the modified Mortgage Loan for the
Mortgage Loan originally deposited in the Trust Estate if it would be a
"significant modification" within the meaning of Section 1.860G-2(b) of the
regulations of the U.S. Department of the Treasury. No modification shall be
approved unless (i) the modified Mortgage Loan would qualify as a Substitute
Mortgage Loan under Section 2.02 and (ii) with respect to any modification that
occurs more than three months after the Closing Date and is not the result of a
default or a reasonably foreseeable default under the Mortgage Loan, there is
delivered to the Trustee an Opinion of Counsel (at the expense of the party
seeking to modify the Mortgage Loan) to the effect that such modification would
not be treated as giving rise to a new debt instrument for federal income tax
purposes as described in the preceding sentence.
During the term of this Agreement, the Master Servicer shall consult fully
with each Servicer as may be necessary from time to time to perform and carry
out the Master Servicer's obligations hereunder and otherwise exercise
reasonable efforts to encourage such Servicer to perform and observe the
covenants, obligations and conditions to be performed or observed by it under
its Servicing Agreement.
The relationship of the Master Servicer to the Trustee under this Agreement
is intended by the parties to be that of an independent contractor and not that
of a joint venturer, partner or agent.
The Master Servicer shall administer the Trust Estate on behalf of the
Trustee and shall have full power and authority, acting alone or (subject to
Section 6.06) through one or more subcontractors, to do any and all things in
connection with such administration which it may deem necessary or desirable.
Upon the execution and delivery of this Agreement, and from time to time as may
be required thereafter, the Trustee shall furnish the Master Servicer or its
subcontractors with any powers of attorney and such other documents as may be
necessary or appropriate to enable the Master Servicer to carry out its
administrative duties hereunder.
The Seller shall be entitled to repurchase at its option (i) any defaulted
Mortgage Loan or any Mortgage Loan as to which default is reasonably foreseeable
from the Trust Estate if, in the Seller's judgment, the default is not likely to
be cured by the Mortgagor or (ii) any Mortgage Loan in the Trust Estate which,
pursuant to paragraph 5(b) of the Mortgage Loan Purchase Agreement, Norwest
Mortgage requests the Seller to repurchase and to sell to Norwest Mortgage to
facilitate the exercise of Norwest Mortgage's rights against the originator or a
prior holder of such Mortgage Loan. The purchase price for any such Mortgage
Loan shall be 100% of the unpaid principal balance of such Mortgage Loan plus
accrued interest thereon at the Mortgage Interest Rate for such Mortgage Loan,
through the last day of the month in which such repurchase occurs. Upon the
receipt of such purchase price, the Master Servicer shall provide to the Trustee
the certification required by Section 3.04 and the Trustee and the Custodian, if
any, shall promptly release to the Seller the Owner Mortgage Loan File relating
to the Mortgage Loan being repurchased.
In the event that (i) the Master Servicer determines at any time that,
notwithstanding the representations and warranties set forth in Section 2.03(b),
any Mortgage Loan is not a "qualified mortgage" within the meaning of Section
860G of the Code and (ii) the Master Servicer is unable to enforce the
obligation of the Seller to purchase such Mortgage Loan pursuant to Section 2.02
within two months of such determination, the Master Servicer shall cause such
Mortgage Loan to be auctioned to the highest bidder and sold out of the Trust
Estate no later than the date 90 days after such determination. In the event of
any such sale of a Mortgage Loan, the Trustee shall, at the written request of
the Master Servicer and upon being supported with appropriate forms therefor,
within five Business Days of the deposit by the Master Servicer of the proceeds
of such auction into the Certificate Account, release or cause to be released to
the entity identified by the Master Servicer the related Owner Mortgage Loan
File and Servicer Mortgage Loan File and shall execute and deliver such
instruments of transfer or assignment, in each case without recourse, as shall
be necessary to vest in the auction purchaser title to the Mortgage Loan and the
Trustee shall have no further responsibility with regard to such Owner Mortgage
Loan File or Servicer Mortgage Loan File. Neither the Trustee, the Master
Servicer nor any Servicer, acting on behalf of the Trustee, shall provide
financing from the Trust Estate to any purchaser of a Mortgage Loan.
The Master Servicer, on behalf of the Trustee, shall, pursuant to the
Servicing Agreements, object to the foreclosure upon, or other related
conversion of the ownership of, any Mortgaged Property by the related Servicer
if (i) the Master Servicer believes such Mortgaged Property may be contaminated
with or affected by hazardous wastes or hazardous substances or (ii) such
Servicer does not agree to administer such Mortgaged Property, once the related
Mortgage Loan becomes an REO Mortgage Loan, in a manner which would not result
in a federal tax being imposed upon the Trust Estate or the Upper-Tier REMIC or
Lower-Tier REMIC.
MLCC Additional Collateral and NOVUS Additional Collateral may be
liquidated and the proceeds applied to cover any shortfalls upon the liquidation
of a Mortgaged Property; provided, however, that the Trust Estate in no event
shall acquire ownership of either the MLCC Additional Collateral or the NOVUS
Additional Collateral unless the Trustee shall have received an Opinion of
Counsel that such ownership shall not cause the Trust Estate to fail to qualify
as two separate REMICs or subject either REMIC to any tax.
The Master Servicer may enter into a special servicing agreement with an
unaffiliated holder of 100% Percentage Interest of a Class of Class B
Certificates or a holder of a class of securities representing interests in the
Class B Certificates and/or other subordinated mortgage pass-through
certificates, such agreement to be substantially in the form of Exhibit M hereto
or subject to each Rating Agency's acknowledgment that the ratings of the
Certificates in effect immediately prior to the entering into of such agreement
would not be qualified, downgraded or withdrawn and the Certificates would not
be placed on credit review status (except for possible upgrading) (without, in
the case of the Class A-7 or Class A-18 Certificates, giving effect to the
guaranty provided by Ambac) as a result of such agreement. Any such agreement
may contain provisions whereby such holder may instruct the Master Servicer to
instruct a Servicer to the extent provided in the applicable Servicing Agreement
to commence or delay foreclosure proceedings with respect to delinquent Mortgage
Loans and will contain provisions for the deposit of cash by the holder that
would be available for distribution to Certificateholders if Liquidation
Proceeds are less than they otherwise may have been had the Servicer acted in
accordance with its normal procedures.
SECTION 3.09. TERMINATION AND SUBSTITUTION OF SERVICING AGREEMENTS.
Upon the occurrence of any event for which a Servicer may be terminated
pursuant to its Servicing Agreement, the Master Servicer shall promptly deliver
to the Seller and the Trustee an Officer's Certificate certifying that an event
has occurred which may justify termination of such Servicing Agreement,
describing the circumstances surrounding such event and recommending what action
should be taken by the Trustee with respect to such Servicer. If the Master
Servicer recommends that such Servicing Agreement be terminated, the Master
Servicer's certification must state that the breach is material and not merely
technical in nature. Upon written direction of the Master Servicer, based upon
such certification, the Trustee shall promptly terminate such Servicing
Agreement. Notwithstanding the foregoing, in the event that (i) Norwest Mortgage
fails to make any advance, as a consequence of which the Trustee is obligated to
make an advance pursuant to Section 3.03 and (ii) the Trustee provides Norwest
Mortgage written notice of the failure to make such advance and such failure
shall continue unremedied for a period of 15 days after receipt of such notice,
the Trustee shall terminate the Norwest Servicing Agreement without the
recommendation of the Master Servicer. The Master Servicer shall indemnify the
Trustee and hold it harmless from and against any and all claims, liabilities,
costs and expenses (including, without limitation, reasonable attorneys' fees)
arising out of, or assessed against the Trustee in connection with termination
of such Servicing Agreement at the direction of the Master Servicer. If the
Trustee terminates such Servicing Agreement, the Trustee may enter into a
substitute Servicing Agreement with the Master Servicer or, at the Master
Servicer's nomination, with another mortgage loan service company acceptable to
the Trustee, the Master Servicer and each Rating Agency under which the Master
Servicer or such substitute servicer, as the case may be, shall assume, satisfy,
perform and carry out all liabilities, duties, responsibilities and obligations
that are to be, or otherwise were to have been, satisfied, performed and carried
out by such Servicer under such terminated Servicing Agreement. Until such time
as the Trustee enters into a substitute servicing agreement with respect to the
Mortgage Loans previously serviced by such Servicer, the Master Servicer shall
assume, satisfy, perform and carry out all obligations which otherwise were to
have been satisfied, performed and carried out by such Servicer under its
terminated Servicing Agreement. However, in no event shall the Master Servicer
be deemed to have assumed the obligations of a Servicer to advance payments of
principal and interest on a delinquent Mortgage Loan in excess of the Master
Servicer's independent Periodic Advance obligation under Section 3.03 of this
Agreement. As compensation for the Master Servicer of any servicing obligations
fulfilled or assumed by the Master Servicer, the Master Servicer shall be
entitled to any servicing compensation to which a Servicer would have been
entitled if the Servicing Agreement with such Servicer had not been terminated.
SECTION 3.10. APPLICATION OF NET LIQUIDATION PROCEEDS.
For all purposes under this agreement, Net Liquidation Proceeds received
from a Servicer shall be allocated first to accrued and unpaid interest on the
related Mortgage Loan and then to the unpaid principal balance thereof.
SECTION 3.11.34 ACT REPORTS.
The Master Servicer shall, on behalf of the Seller, make all filings
required to be made by the Seller with respect to the Class A Certificates
(other than the Class A-PO Certificates) and the Class B-1, Class B-2 and Class
B-3 Certificates pursuant to the Securities Exchange Act of 1934, as amended.
<PAGE>
ARTICLE IV
DISTRIBUTIONS IN RESPECT OF CERTIFICATES;
PAYMENTS TO CERTIFICATEHOLDERS;
STATEMENTS AND REPORTS
SECTION 4.01. DISTRIBUTIONS.
(a) (i) each Distribution Date, the Pool Distribution Amount will be
applied in the following amounts, to the extent the Pool Distribution Amount is
sufficient therefor, in the manner and in the order of priority as follows:
first, to the Classes of Class A Certificates and to Ambac, pro rata,
based upon their respective Interest Accrual Amounts and the Premium
Payment, respectively, in an aggregate amount up to the sum of the Class A
Interest Accrual Amount and the Premium Payment with respect to such
Distribution Date;
second, to the Classes of Class A Certificates and to Ambac, pro rata,
based upon their respective Class A Unpaid Interest Shortfalls and Premium
Unpaid Shortfall, respectively, in an aggregate amount up to the sum of the
Aggregate Class A Unpaid Interest Shortfall and Premium Unpaid Shortfall;
third, concurrently, to the Class A Certificates (other than the Class
A-PO Certificates) and the Class A-PO Certificates, pro rata, based on
their respective Class A Non-PO Optimal Principal Amount and Class A-PO
Optimal Principal Amount, (A) to the Classes of Class A Certificates (other
than the Class A-PO Certificates), in an aggregate amount up to the Class A
Non-PO Optimal Principal Amount, such distribution to be allocated among
such Classes in accordance with Section 4.01(b) or Section 4.01(c), as
applicable, and (B) to the Class A-PO Certificates in an amount up to the
Class A-PO Optimal Principal Amount;
fourth, to the Class A-PO Certificates in an amount up to the Class
A-PO Deferred Amount from amounts otherwise distributable (without regard
to this Paragraph fourth) first to the Class B-6 Certificates pursuant to
Paragraph twenty-second, below, second to the Class B-5 Certificates
pursuant to Paragraph nineteenth, below, third to the Class B-4
Certificates pursuant to Paragraph sixteenth, below, fourth to the Class
B-3 Certificates pursuant to Paragraph thirteenth, below, fifth to the
Class B-2 Certificates pursuant to Paragraph tenth below, and sixth to the
Class B-1 Certificates pursuant to Paragraph seventh below;
fifth, to the Class B-1 Certificates in an amount up to the Interest
Accrual Amount for the Class B-1 Certificates with respect to such
Distribution Date;
sixth, to the Class B-1 Certificates in an amount up to the Class B-1
Unpaid Interest Shortfall;
seventh, to the Class B-1 Certificates in an amount up to the Class
B-1 Optimal Principal Amount; provided, however, that the amount
distributable to the Class B-1 Certificates pursuant to this Paragraph
seventh will be reduced by the amount, if any, that would have been
distributable to the Class B-1 Certificates hereunder used to pay the Class
A-PO Deferred Amount as provided in Paragraph fourth above;
eighth, to the Class B-2 Certificates in an amount up to the
Interest Accrual Amount for the Class B-2 Certificates with respect to
such Distribution Date;
ninth, to the Class B-2 Certificates in an amount up to the Class B-2
Unpaid Interest Shortfall;
tenth, to the Class B-2 Certificates in an amount up to the Class B-2
Optimal Principal Amount; provided, however, that the amount distributable
to the Class B-2 Certificates pursuant to this Paragraph tenth will be
reduced by the amount, if any, that would have been distributable to the
Class B-2 Certificates hereunder used to pay the Class A-PO Deferred Amount
as provided in Paragraph fourth above;
eleventh, to the Class B-3 Certificates in an amount up to the
Interest Accrual Amount for the Class B-3 Certificates with respect to such
Distribution Date;
twelfth, to the Class B-3 Certificates in an amount up to the Class
B-3 Unpaid Interest Shortfall;
thirteenth, to the Class B-3 Certificates in an amount up to the Class
B-3 Optimal Principal Amount; provided, however, that the amount
distributable to the Class B-3 Certificates pursuant to this Paragraph
thirteenth will be reduced by the amount, if any, that would have been
distributable to the Class B-3 Certificates hereunder used to pay the Class
A-PO Deferred Amount as provided in Paragraph fourth above;
fourteenth, to the Class B-4 Certificates in an amount up to the
Interest Accrual Amount for the Class B-4 Certificates with respect to such
Distribution Date;
fifteenth, to the Class B-4 Certificates in an amount up to the Class
B-4 Unpaid Interest Shortfall;
sixteenth, to the Class B-4 Certificates in an amount up to the Class
B-4 Optimal Principal Amount; provided, however, that the amount
distributable to the Class B-4 Certificates pursuant to this Paragraph
sixteenth will be reduced by the amount, if any, that would have been
distributable to the Class B-4 Certificates hereunder used to pay the Class
A-PO Deferred Amount as provided in Paragraph fourth above;
seventeenth, to the Class B-5 Certificates in an amount up to the
Interest Accrual Amount for the Class B-5 Certificates with respect to such
Distribution Date;
eighteenth, to the Class B-5 Certificates in an amount up to the Class
B-5 Unpaid Interest Shortfall;
nineteenth, to the Class B-5 Certificates in an amount up to the Class
B-5 Optimal Principal Amount; provided, however, that the amount
distributable to the Class B-5 Certificates pursuant to this Paragraph
nineteenth will be reduced by the amount, if any, that would have been
distributable to the Class B-5 Certificates hereunder used to pay the Class
A-PO Deferred Amount as provided in Paragraph fourth above;
twentieth, to the Class B-6 Certificates in an amount up to the
Interest Accrual Amount for the Class B-6 Certificates with respect to such
Distribution Date;
twenty-first, to the Class B-6 Certificates in an amount up to the
Class B-6 Unpaid Interest Shortfall;
twenty-second, to the Class B-6 Certificates in an amount up to the
Class B-6 Optimal Principal Amount; provided, however, that the amount
distributable to the Class B-6 Certificates pursuant to this Paragraph
twenty-second will be reduced by the amount, if any, that would have been
distributable to the Class B-6 Certificates hereunder used to pay the Class
A-PO Deferred Amount as provided in Paragraph fourth above; and
twenty-third, to the Holder of the Class A-R Certificate, any amounts
remaining in the Upper-Tier Certificate Account, and to the Holder of the
Class A-LR Certificate, any amounts remaining in the Payment Account.
Notwithstanding the foregoing, after the Principal Balance or notional
amount of any Class (other than the Class A-R or Class A-LR Certificates) has
been reduced to zero, such Class will be entitled to no further distributions of
principal or interest (including, without limitation, any Unpaid Interest
Shortfalls). In addition, Ambac will not be entitled to its Premium Payments and
Premium Unpaid Shortfalls after the Principal Balances of the Class A-7 and
Class A-18 Certificates have been reduced to zero.
Furthermore, Net Foreclosure Profits, if any, with respect to such
Distribution Date minus any portion thereof payable to a Servicer pursuant to
Section 3.02(ix) hereof shall be distributed to the Holder of the Class A-LR
Certificate.
With respect to any Distribution Date, the amount of the Principal
Adjustment, if any, attributable to any Class of Class B Certificates will be
allocated to the Classes of Class A Certificates (other than the Class A-17 and
Class A-PO Certificates) and any Class of Class B Certificates with a lower
numerical designation pro rata based on their Principal Balances.
(ii) Distributions on the Uncertificated Lower-Tier Interests. On each
Distribution Date, each Uncertificated Lower-Tier Interest (other than the Class
A-L4 and Class A-L17 Interests) shall receive distributions in respect of
principal in an amount equal to the amount of principal distributed to its
respective Corresponding Upper-Tier Class or Classes as provided herein. On each
Distribution Date, the Class A-L17 Interest shall receive distributions in
respect of principal in an amount equal to the amount of principal distributed
to its Corresponding Upper-Tier Class or Classes as provided herein and, shall
also receive distributions of principal in respect of the Class A-4 Certificates
made pursuant to Section 4.01(b) third. On each Distribution Date, the Class
A-L4 Interest shall receive distributions of principal in respect of the Class
A-4 Certificates made pursuant to any other provision of Section 4.01(b). On
each Distribution Date, each Uncertificated Lower-Tier Interest (other than the
Class A-L4 and Class A-L17 Interests) shall receive distributions in respect of
interest equal to the Interest Accrual Amounts and distributions in respect of
Unpaid Interest Shortfalls, as the case may be, in respect of its Corresponding
Upper-Tier Class or Classes, in each case to the extent actually distributed
thereon. On each Distribution Date, the Class A-L17 Interest shall receive
distributions in respect of interest equal to the sum of (i) the Interest
Accrual Amounts and distributions in respect of Unpaid Interest Shortfalls, as
the case may be, in respect of its Corresponding Upper-Tier Class or Classes and
(ii) the Interest Accrual Amount and distributions in respect of Unpaid Interest
Shortfalls, as the case may be, allocable to the portion of the Principal
Balance of the Class A-4 Certificates to be paid pursuant to Section 4.01(b)
third, in each case to the extent actually distributed thereon. On each
Distribution Date, the Class A-L4 Interest shall receive distributions in
respect of interest equal to the Interest Accrual Amount and distributions in
respect of Unpaid Interest Shortfalls, as the case may be, allocable to the
portion of the Principal Balance of the Class A-4 Certificates to be paid
pursuant to any other provision of Section 4.01(b), in each case to the extent
actually distributed thereon. Such amounts distributed to the Uncertificated
Lower-Tier Interests in respect of principal and interest with respect to any
Distribution Date are referred to herein collectively as the "Lower-Tier
Distribution Amount."
As of any date, the principal balance of each Uncertificated Lower-Tier
Interest (other than the Class A-L4 and Class A-L17 Interests) equals the
Principal Balances of the respective Corresponding Upper-Tier Class or Classes.
In the case of the Class A-L17 Interest the principal balance as of any date
equals the initial principal balance of the Class A-L17 Interest less (i) all
distributions in respect of principal previously made to, and principal losses
allocated to, its Corresponding Upper-Tier Class or Classes and (ii) all
distributions in respect of principal previously made to the Class A-4
Certificates pursuant to Section 4.01(b) third and the applicable portion of
principal losses allocable to the Class A-4 Certificates. In the case of the
Class A-L4 Interest, the principal balance as of any date equals the initial
principal balance of the Class A-L4 Interest less all distributions in respect
of principal previously made to the Class A-4 Certificates pursuant to any other
provision of Section 4.01(b) and the applicable portion of principal losses
allocable to the Class A-4 Certificates. The initial principal balance of each
Uncertificated Lower-Tier Interest equals the Original Principal Balances of the
respective Corresponding Upper-Tier Class or Classes; provided, that the initial
principal balance of the Class A-L4 Interest will be $5,339,334 and the initial
principal balance of the Class A-L17 Interest will be $80,828,367.
The pass-through rate with respect to the Class A-L1 Interest, Class A-LUR
Interest, Class B-L1 Interest, Class B-L2 Interest, Class B-L3 Interest, Class
B-L4 Interest, Class B-L5 Interest and Class B-L6 Interest shall be 6.750% per
annum. The pass-through rate with respect to the Class A-L4 Interest shall be
4.000% per annum. The pass-through rate with respect to the Class A-L6 Interest
shall be 7.250% per annum. The pass-through rate with respect to the Class A-L11
Interest shall be 7.125% per annum. The pass-through rate with respect to the
Class A-L17 Interest shall be 6.723195351082% per annum. The Class A-L10 and
A-LPO Interest are principal only interests and are not entitled to
distributions of interest. Any Non-Supported Interest Shortfalls will be
allocated to each Uncertificated Lower-Tier Interest in the same relative
proportions as interest is allocated to such Uncertificated Lower-Tier Interest.
(b) The Class A-17 Certificates are interest only Certificates and are not
entitled to distributions in respect of principal.
On each Distribution Date occurring prior to the Cross-Over Date, the Class
A Non-PO Principal Distribution Amount will be allocated among and distributed
in reduction of the Principal Balances of the Class A Certificates (other than
the Class A-PO Certificates) in accordance with the following priorities:
first, to the Class A-5 Certificates, up to the Priority Amount for
such Distribution Date;
second, concurrently, until the Principal Balance of the Class A-3
Certificates has been reduced to zero, as follows:
(1) 9.2869967386%, concurrently, as follows:
(a) 11.8124450419%, sequentially, as follows:
(i) sequentially, to the Class A-2, Class A-13, Class A-19
and Class A-20 Certificates, in that order, until the
Principal Balance of each such Class has been reduced
to zero; and
(ii) concurrently, until the Principal Balance of the Class
A-15 Certificates has been reduced to zero, as follows:
(A) 88.0000000000% to the Class A-15 Certificates; and
(B) 12.0000000000% to the Class A-4 Certificates;
(b) 23.5447561148%, sequentially, as follows:
(i) to the Class A-8 Certificates, until the Principal
Balance thereof has been reduced to zero;
(ii) sequentially, to the Class A-2, Class A-13, Class A-19
and Class A-20 Certificates, in that order, until the
Principal Balance of each such Class has been reduced
to zero; and
(iii)concurrently, until the Principal Balance of the Class
A-15 Certificates has been reduced to zero, as follows:
(A) 88.0000000000% to the Class A-15 Certificates; and
(B) 12.0000000000% to the Class A-4 Certificates; and
(c) 64.6427988433%, sequentially, as follows:
(i) concurrently, until $33,739,064 has been paid pursuant
to this priority second (1)(c)(i) cumulatively on such
Distribution Date and on all prior Distribution Dates;
(A) 88.2438033254%, sequentially, as follows:
(I) sequentially, to the Class A-2, Class A-13,
Class A-19 and Class A-20 Certificates, in
that order, until the Principal Balance of
each such Class has been reduced to zero; and
(II) concurrently, until the Principal Balance of
the Class A-15 Certificates has been reduced
to zero, as follows:
(x) 88.0000000000% to the Class A-15
Certificates; and
(y) 12.0000000000% to the Class A-4
Certificates; and
(B) 88.7561966746%, to the Class A-12 Certificates,
until the Principal Balance thereof has been
reduced to zero;
(ii) concurrently, until $141,912,790 has been paid pursuant
to this priority second (1)(c)(ii) cumulatively on such
Distribution Date and on all prior Distribution Dates;
(A) 98.2331818013%, sequentially, as follows:
(I) sequentially, to the Class A-2, Class A-13,
Class A-19 and Class A-20 Certificates, in
that order, until the Principal Balance of
each such Class has been reduced to zero; and
(II) concurrently, until the Principal Balance of
the Class A-15 Certificates has been reduced
to zero, as follows:
(x) 88.0000000000% to the Class A-15
Certificates; and
(y) 12.0000000000% to the Class A-4
Certificates; and
(B) 1.7668181987%, to the Class A-12 Certificates,
until the Principal Balance thereof has been
reduced to zero;
(iii)concurrently, until the Principal Balances of the
Class A-12 and Class A-14 Certificates have been
reduced to zero, as follows:
(A) 69.2614740131% to the Class A-14 Certificates; and
(B) 30.7385259869% to the Class A-12 Certificates;
(iv) sequentially, to the Class A-2, Class A-13, Class A-19
and Class A-20 Certificates, in that order, until the
Principal Balance of each such Class has been reduced
to zero; and
(v) concurrently, until the Principal Balance of the Class
A-15 Certificates has been reduced to zero, as follows:
(A) 88.0000000000% to the Class A-15 Certificates; and
(B) 12.0000000000% to the Class A-4 Certificates;
(2) 43.2574348643%, sequentially, as follows;
(a) concurrently, until $253,822,332 has been paid pursuant to
this priority second (2)(a) cumulatively on such
Distribution Date and on all prior Distribution Dates, in
accordance with priority second (1)(a) through (c) above;
(b) concurrently, until the Principal Balances of the Class A-6
and Class A-11 Certificates have been reduced to zero, as
follows:
(i) 53.3333359360% to the Class A-6 Certificates;
(ii) 32.5333321882% to the Class A-11 Certificates; and
(iii)14.1333318758% to the Class A-4 Certificates; and
(c) concurrently, until the Principal Balance of the Class A-16
Certificates has been reduced to zero, as follows:
(i) 88.0000028160% to the Class A-16 Certificates; and
(ii) 11.9999971840% to the Class A-4 Certificates; and
(3) 47.4555683971%, sequentially, as follows:
(a) concurrently, to the Class A-R and Class A-LR Certificates,
pro rata, until the Principal Balance of each such Class has
been reduced to zero;
(b) to the Class A-1 Certificates, until the Principal Balance
thereof has been reduced to zero,
(c) concurrently, until the Principal Balances of the Class A-9
and Class A-10 Certificates have been reduced to zero, as
follows:
(i) 81.6211013469%, concurrently, in accordance with
priority second (1)(a) through (c) above; and
(ii) 18.3788986531% to the Class A-9 and Class A-10
Certificates, pro rata, until the Principal Balance of
each such Class has been reduced to zero; and
(d) to the Class A-3 Certificates, until the Principal Balance
thereof has been reduced to zero;
third, concurrently, 55.3255851377% to the Class A-4 Certificates,
24.7437882792% to the Class A-7 Certificates and 19.9306265831% to the Class
A-18 Certificates, until the Principal Balance of each such Class has been
reduced to zero; and
fourth, to the Class A-5 Certificates, without regard to the Priority Amount for
such Distribution Date, until the Principal Balance thereof has been reduced to
zero.
(c) Notwithstanding the foregoing, on each Distribution Date occurring on
or subsequent to the Cross-Over Date, the Class A Non-PO Principal Distribution
Amount shall be distributed among the Classes of Class A Certificates (other
than the Class A-PO Certificates), pro rata, in accordance with their
outstanding Principal Balances without regard to either the proportions or the
priorities set forth in Section 4.01(b).
(d) (i) For purposes of determining whether the Classes of Class B
Certificates are eligible to receive distributions of principal with respect to
any Distribution Date, the following tests shall apply:
(A) if the Current Class B-1 Fractional Interest is less than the
Original Class B-1 Fractional Interest and the Class B-1 Principal
Balance is greater than zero, the Class B-2, Class B-3, Class B-4,
Class B-5 and Class B-6 Certificates shall not be eligible to receive
distributions of principal; or
(B) if the Current Class B-2 Fractional Interest is less than the
Original Class B-2 Fractional Interest and the Class B-2 Principal
Balance is greater than zero, the Class B-3, Class B-4, Class B-5 and
Class B-6 Certificates shall not be eligible to receive distributions
of principal; or
(C) if the Current Class B-3 Fractional Interest is less than the
Original Class B-3 Fractional Interest and the Class B-3 Principal
Balance is greater than zero, the Class B-4, Class B-5 and Class B-6
Certificates shall not be eligible to receive distributions of
principal; or
(D) if the Current Class B-4 Fractional Interest is less than the
Original Class B-4 Fractional Interest and the Class B-4 Principal
Balance is greater than zero, the Class B-5 and Class B-6 Certificates
shall not be eligible to receive distributions of principal; or
(E) if the Current Class B-5 Fractional Interest is less than the
Original Class B-5 Fractional Interest and the Class B-5 Principal
Balance is greater than zero, the Class B-6 Certificates shall not be
eligible to receive distributions of principal.
(ii) Notwithstanding the foregoing, if on any Distribution Date the
aggregate distributions to Holders of the Classes of Class B Certificates
entitled to receive distributions of principal would reduce the Principal
Balances of the Classes of Class B Certificates entitled to receive
distributions of principal below zero, first the Class B Prepayment
Percentage of any affected Class of Class B Certificates for such
Distribution Date beginning with the affected Class with the lowest
numerical Class designation and then, if necessary, the Class B Percentage
of such Class of the Class B Certificates for such Distribution Date shall
be reduced to the respective percentages necessary to bring the Principal
Balance of such Class of Class B Certificates to zero. The Class B
Prepayment Percentages and the Class B Percentages of the remaining Classes
of Class B Certificates will be recomputed substituting for the
Subordinated Prepayment Percentage and Subordinated Percentage in such
computations the difference between (A) the Subordinated Prepayment
Percentage or Subordinated Percentage, as the case may be, and (B) the
percentages determined in accordance with the preceding sentence necessary
to bring the Principal Balances of the affected Classes of Class B
Certificates to zero; provided, however, that if the Principal Balances of
all the Classes of Class B Certificates eligible to receive distributions
of principal shall be reduced to zero on such Distribution Date, the Class
B Prepayment Percentage and the Class B Percentage of the Class of Class B
Certificates with the lowest numerical Class designation which would
otherwise be ineligible to receive distributions of principal in accordance
with this Section shall equal the remainder of the Subordinated Prepayment
Percentage for such Distribution Date minus the sum of the Class B
Prepayment Percentages of the Classes of Class B Certificates having lower
numerical Class designations, if any, and the remainder of the Subordinated
Percentage for such Distribution Date minus the sum of the Class B
Percentages of the Classes of Class B Certificates having lower numerical
Class designations, if any, respectively. Any entitlement of any Class of
Class B Certificates to principal payments solely pursuant to this clause
(ii) shall not cause such Class to be regarded as being eligible to receive
principal distributions for the purpose of applying the definition of its
Class B Percentage or Class B Prepayment Percentage.
(e) The Trustee shall establish and maintain the Upper-Tier Certificate
Account, which shall be a separate trust account and an Eligible Account. On
each Distribution Date other than the Final Distribution Date (if such Final
Distribution Date is in connection with a purchase of the assets of the Trust
Estate by the Seller), the Paying Agent shall, on behalf of the Master Servicer,
from funds available on deposit in the Payment Account, (i) deposit, in
immediately available funds, by wire transfer or otherwise, into the Upper-Tier
Certificate Account the Lower-Tier Distribution Amount and (ii) distribute to
the Class A-LR Certificateholder (other than as provided in Section 9.01
respecting the final distribution to Certificateholders) by check mailed to such
Holder at the address of such Holder appearing in the Certificate Register, the
Class A Distribution Amount with respect to the Class A-LR Certificate and all
other amounts distributable to the Class A-LR Certificate. The Trustee may clear
and terminate the Upper-Tier Certificate Account pursuant to Section 9.01.
(f) On each Distribution Date other than the Final Distribution Date (if
such Final Distribution Date is in connection with a purchase of the assets of
the Trust Estate by the Seller), the Paying Agent shall, on behalf of the Master
Servicer, from funds remitted to it by the Master Servicer, distribute to each
Certificateholder of record (other than the Class A-LR Certificateholder) on the
preceding Record Date (other than as provided in Section 9.01 respecting the
final distribution to Certificateholders or in the last paragraph of this
Section 4.01(f) respecting the final distribution in respect of any Class)
either in immediately available funds by wire transfer to the account of such
Certificateholder at a bank or other entity having appropriate facilities
therefor, if such Certificateholder holds Certificates having a Denomination at
least equal to that specified in Section 11.24, and has so notified the Master
Servicer or, if applicable, the Paying Agent at least seven Business Days prior
to the Distribution Date or, if such Holder holds Certificates having, in the
aggregate, a Denomination less than the requisite minimum Denomination or if
such Holder holds the Class A-R Certificate or has not so notified the Paying
Agent, by check mailed to such Holder at the address of such Holder appearing in
the Certificate Register, such Holder's share of the Class A Distribution Amount
with respect to each Class of Class A Certificates (other than the Class A-7 and
Class A-18 Certificates) and the Class B Distribution Amount with respect to
each such Class of Class B Certificates and in the case of the Class A-7 and
Class A-18 Certificates, as provided in Section 4.07.
In the event that, on any Distribution Date prior to the Final Distribution
Date, the Principal Balance of any Class of Class A Certificates (other than the
Class A-17, Class A-R or Class A-LR Certificates) or the Principal Balance of
any Class of Class B Certificates would be reduced to zero, or in the case of
the Class A-17 Certificates, the Class A-17 Notional Amount would be reduced to
zero, the Master Servicer shall, as soon as practicable after the Determination
Date relating to such Distribution Date, send a notice to the Trustee. The
Trustee will then send a notice to each Certificateholder of such Class with a
copy to the Certificate Registrar, specifying that the final distribution with
respect to such Class will be made on such Distribution Date only upon the
presentation and surrender of such Certificateholder's Certificates at the
office or agency of the Trustee therein specified; provided, however, that the
failure to give such notice will not entitle a Certificateholder to any interest
beyond the interest payable with respect to such Distribution Date in accordance
with Section 4.01(a)(i).
(g) The Paying Agent (or if no Paying Agent is appointed by the Master
Servicer, the Master Servicer) shall withhold or cause to be withheld such
amounts as may be required by the Code (giving full effect to any exemptions
from withholding and related certifications required to be furnished by
Certificateholders and any reductions to withholding by virtue of any bilateral
tax treaties and any applicable certification required to be furnished by
Certificateholders with respect thereto) from distributions to be made to
Persons other than U.S. Persons ("Non-U.S. Persons"). Amounts withheld pursuant
to this Section 4.01(g) shall be treated as having been distributed to the
related Certificateholder for all purposes of this Agreement. For the purposes
of this paragraph, a "U.S. Person" is a citizen or resident of the United
States, a corporation or partnership (unless, in the case of partnership,
Treasury regulations are adopted that provide otherwise) created or organized
under the laws of the United States, any state thereof or the District of
Columbia, including an entity treated as a corporation or partnership for
federal income tax purposes, an estate whose income is subject to United States
federal income tax regardless of its source, or a trust if a court within the
United States is able to exercise primary supervision over the administration of
such trust, and one or more such U.S. Persons have the authority to control all
substantial decisions of such trust (or, to the extent provided in applicable
Treasury regulations, certain trusts in existence on August 20, 1996 which are
eligible to elect to be treated as U.S.
Persons).
SECTION 4.02. ALLOCATION OF REALIZED LOSSES.
(a) With respect to any Distribution Date, the principal portion of
Realized Losses (other than Debt Service Reductions, Excess Special Hazard
Losses, Excess Fraud Losses and Excess Bankruptcy Losses) will be allocated as
follows:
first, to the Class B-6 Certificates until the Class B-6 Principal
Balance has been reduced to zero;
second, to the Class B-5 Certificates until the Class B-5 Principal
Balance has been reduced to zero;
third, to the Class B-4 Certificates until the Class B-4 Principal
Balance has been reduced to zero;
fourth, to the Class B-3 Certificates until the Class B-3 Principal
Balance has been reduced to zero;
fifth, to the Class B-2 Certificates until the Class B-2 Principal
Balance has been reduced to zero;
sixth, to the Class B-1 Certificates until the Class B-1 Principal
Balance has been reduced to zero; and
seventh, concurrently, to the Class A Certificates (other than the
Class A-PO Certificates) and Class A-PO Certificates, pro rata, based on
the Non-PO Fraction and the PO Fraction, respectively.
This allocation of Realized Losses will be effected through the reduction
of the applicable Class's Principal Balance.
(b) With respect to any Distribution Date, the principal portion of Excess
Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses
occurring with respect to any Mortgage Loan allocable to the Class A-PO
Certificates will equal the product of the amount of any such principal loss and
the PO Fraction for such Mortgage Loan. The principal portion of any Excess
Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses
remaining after allocation to the Class A-PO Certificates in accordance with the
preceding sentence shall be allocated pro rata among the Class A Certificates
(other than the Class A-PO Certificates) and Class B Certificates based on the
Class A Non-PO Principal Balance and the Class B Principal Balance,
respectively. Any such loss allocated to the Class A Certificates shall be
allocated on the subsequent Determination Date among the outstanding Classes of
Class A Certificates (other than the Class A-PO Certificates) in accordance with
the Class A Loss Percentages as of such Determination Date. Any such loss
allocated to the Class B Certificates shall be allocated pro rata among the
outstanding Classes of Class B Certificates based on their Principal Balances.
(c) Any Realized Losses allocated to a Class of Class A Certificates or
Class B Certificates pursuant to Section 4.02(a) or Section 4.02(b) shall be
allocated among the Certificates of such Class based on their Percentage
Interests.
(d) In the event that there is a Recovery of an amount in respect of
principal of a Mortgage Loan which had previously been allocated as a Realized
Loss to any Classes of Class A Certificates or any Classes of Class B
Certificates, each outstanding Class to which such Realized Loss had previously
been allocated shall be entitled to its share (with respect to the Class A-PO
Certificates, based on the PO Fraction of such Mortgage Loan and, with respect
to the Class A Certificates (other than the Class A-PO Certificates) and Class B
Certificates, based on their pro rata share of the Non-PO Fraction of such
Mortgage Loan) of such Recovery up to the amount of such Realized Loss
previously allocated to such Class on the Distribution Date in the month
following the month in which such recovery is received. When the Principal
Balance of a Class of Certificates has been reduced to zero, such Class shall
not be entitled to any share of such Recovery. In the event that the amount of
such Recovery exceeds the amount of such Recovery allocated to each outstanding
Class in accordance with the preceding provisions, each outstanding Class shall
be entitled to its pro rata share (determined as described above) of such excess
up to the amount of any unrecovered Realized Loss previously allocated to such
Class. Notwithstanding the foregoing provisions, but subject to the following
proviso, if such Recovery occurs within two years of the realization of such
loss and (i) is the result of an event that would have given rise to the
repurchase of the related Mortgage Loan by the Seller pursuant to Section 2.02
or 2.03, or (ii) represents in whole or part funds which the applicable Servicer
had received in respect of a Liquidated Loan but failed to remit to the
Certificate Account on or prior to the Business Day preceding the Distribution
Date following the Applicable Unscheduled Principal Receipt Period in which the
Mortgage Loan became a Liquidated Loan, such Recovery may, at the sole
discretion of the Master Servicer, be treated as a repurchase or an Unscheduled
Principal Receipt with respect to such Mortgage Loan, as the case may be, the
Realized Loss previously recognized may be reversed and treated for all
subsequent purposes as if it had never occurred and the Master Servicer may make
such adjustments to interest or principal distributions on the Certificates and
to the principal balances of the Certificates as the Master Servicer in its good
faith judgment and sole discretion deems necessary or desirable to effectuate
the reversal of the Realized Loss and the treatment of such amount as a
repurchase or as an Unscheduled Principal Receipt, as the case may be; provided
that such actions do not result in the aggregate distributions made in respect
of each Class of Certificates whose principal balances were previously reduced
as a result of such Realized Loss being less than such Class would have received
if such Recovery had been deposited in the Certificate Account on or prior to
the Business Day preceding the Distribution Date following the Applicable
Unscheduled Principal Receipt Period in which the Mortgage Loan became a
Liquidated Loan.
(e) The interest portion of Excess Special Hazard Losses, Excess Fraud
Losses and Excess Bankruptcy Losses shall be allocated between (i) the Class A
Certificates and the Premium Payment and (ii) the Class B Certificates, pro rata
based on the Class A Interest Accrual Amount and the Premium Payment and the
Class B Interest Accrual Amount for the related Distribution Date, without
regard to any reduction pursuant to this sentence. Any such loss allocated to
the Class A Certificates and the Premium Payment shall be allocated among the
outstanding Classes of Class A Certificates and the Premium Payment based on
their Class A Interest Percentages and the Premium Percentage, as the case may
be. Any such loss allocated to the Class B Certificates will be allocated among
the outstanding Classes of Class B Certificates based on their Class B Interest
Percentages. In addition, after the Class B Principal Balance has been reduced
to zero, the interest portion of Realized Losses (other than Excess Special
Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) will be
allocated among the outstanding Classes of Class A Certificates and the Premium
Payment based on their Class A Interest Percentages and the Premium Percentage,
as the case may be.
(f) Realized Losses allocated in accordance with this Section 4.02 will be
allocated on the Determination Date in the second month following the month in
which such loss was incurred with respect to the preceding Distribution Date.
(g) With respect to any Distribution Date, the principal portion of
Realized Losses and recoveries attributable to previously allocated Realized
Losses allocated pursuant to this Section 4.02 will be allocated to each
Uncertificated Lower-Tier Interest in an amount equal to the amount allocated to
its respective Corresponding Upper-Tier Class or Classes as provided above.
(h) With respect to any Distribution Date, the interest portion of Realized
Losses allocated pursuant to this Section 4.02 will be allocated to each
Uncertificated Lower-Tier Interest in the same relative proportions as interest
is allocated to such Uncertificated Lower-Tier Interest.
SECTION 4.03. PAYING AGENT.
(a) The Master Servicer hereby appoints the Trustee as initial Paying Agent
to make distributions to Certificateholders and to forward to Certificateholders
the periodic statements and the annual statements required by Section 4.04 as
agent of the Master Servicer.
The Master Servicer may, at any time, remove or replace the Paying Agent.
The Master Servicer shall cause any Paying Agent that is not the Trustee to
execute and deliver to the Trustee an instrument in which such Paying Agent
agrees with the Trustee that such Paying Agent shall:
(i) hold all amounts remitted to it by the Master Servicer for
distribution to Certificateholders in trust for the benefit of
Certificateholders until such amounts are distributed to Certificateholders
or otherwise disposed of as herein provided;
(ii) give the Trustee notice of any default by the Master Servicer in
remitting any required amount; and
(iii) at any time during the continuance of any such default, upon the
written request of the Trustee, forthwith pay to the Trustee all amounts
held in trust by such Paying Agent.
(b) The Paying Agent shall establish and maintain a Payment Account, which
shall be a separate trust account and an Eligible Account, in which the Master
Servicer shall cause to be deposited from funds in the Certificate Account or,
to the extent required hereunder, from its own funds (i) at or before 10:00
a.m., New York time, on the Business Day preceding each Distribution Date, by
wire transfer of immediately available funds, any Periodic Advance for such
Distribution Date, pursuant to Section 3.03 and (ii) at or before 10:00 a.m.,
New York time, on the Business Day preceding each Distribution Date, by wire
transfer of immediately available funds, (a) an amount equal to the Pool
Distribution Amount, (b) Net Foreclosure Profits, if any, with respect to such
Distribution Date and (c) the amount of any recovery in respect of a Realized
Loss. The Master Servicer may cause the Paying Agent to invest the funds in the
Payment Account. Any such investment shall be in Eligible Investments, which
shall mature not later than the Business Day preceding the related Distribution
Date (unless the Eligible Investments are obligations of the Trustee, in which
case such Eligible Investments shall mature not later than the Distribution
Date), and shall not be sold or disposed of prior to maturity. All income and
gain realized from any such investment shall be for the benefit of the Master
Servicer and shall be subject to its withdrawal or order from time to time. The
amount of any losses incurred in respect of any such investments shall be
deposited in the Payment Account by the Master Servicer out of its own funds
immediately as realized. The Paying Agent may withdraw from the Payment Account
any amount deposited in the Payment Account that was not required to be
deposited therein and may clear and terminate the Payment Account pursuant to
Section 9.01.
SECTION 4.04. STATEMENTS TO CERTIFICATEHOLDERS;
REPORTS TO THE TRUSTEE, AMBAC AND THE SELLER.
Concurrently with each distribution pursuant to Section 4.01(f), the Master
Servicer, or the Paying Agent appointed by the Master Servicer (upon receipt of
such statement from the Master Servicer), shall forward or cause to be forwarded
by mail to each Holder of a Certificate, the Seller and Ambac a statement
setting forth:
(i) the amount of such distribution to Holders of each Class of Class
A Certificates allocable to principal, separately identifying the aggregate
amount of any Unscheduled Principal Receipts included therein;
(ii) (a) the amount of such distribution to Holders of each Class of
Class A Certificates allocable to interest, (b) the amount of the Current
Class A Interest Distribution Amount allocated to each Class of Class A
Certificates, (c) any Class A Interest Shortfall Amounts arising with
respect to such Distribution Date and any remaining Class A Unpaid Interest
Shortfall with respect to each Class after giving effect to such
distribution, (d) the amount of any Non-Supported Interest Shortfall
allocated to each Class of Class A Certificates for such Distribution Date
and (e) the interest portion of Excess Special Hazard Losses, Excess Fraud
Losses and Excess Bankruptcy Losses allocated to each Class for such
Distribution Date;
(iii) the amount of such distribution to Holders of each Class of
Class B Certificates allocable to principal, separately identifying the
aggregate amount of any Unscheduled Principal Receipts included therein;
(iv) (a) the amount of such distribution to Holders of each Class of
Class B Certificates allocable to interest, (b) the amount of the Current
Class B Interest Distribution Amount allocated to each Class of Class B
Certificates, (c) any Class B Interest Shortfall Amounts arising with
respect to such Distribution Date and any remaining Class B Unpaid Interest
Shortfall with respect to each Class of Class B Certificates after giving
effect to such distribution, (d) the amount of any Non-Supported Interest
Shortfall allocated to each Class of Class B Certificates for such
Distribution Date, and (e) the interest portion of Excess Special Hazard
Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to each
Class of Class B Certificates for such Distribution Date;
(v) the amount of any Periodic Advance by any Servicer, the Master
Servicer or the Trustee pursuant to the Servicing Agreements or this
Agreement;
(vi) the number of Mortgage Loans outstanding as of the preceding
Determination Date;
(vii) the Class A Principal Balance, the Principal Balance of each
Class of Class A Certificates, the Class B Principal Balance and the
Principal Balance of each Class of Class B Certificates as of the following
Determination Date after giving effect to the distributions of principal
made, and the principal portion of Realized Losses, if any, allocated with
respect to such Distribution Date;
(viii) the Adjusted Pool Amount, the Adjusted Pool Amount (PO
Portion), the Pool Scheduled Principal Balance of the Mortgage Loans for
such Distribution Date and the aggregate Scheduled Principal Balance of the
Discount Mortgage Loans for such Distribution Date;
(ix) the aggregate Scheduled Principal Balances of the Mortgage Loans
serviced by Norwest Mortgage and, collectively, by the Other Servicers as
of such Distribution Date;
(x) the Class A Percentage for the following Distribution Date
(without giving effect to Unscheduled Principal Receipts received after the
Applicable Unscheduled Principal Receipt Period for the current
Distribution Date which are applied by a Servicer during such Applicable
Unscheduled Principal Receipt Period);
(xi) the Class A Prepayment Percentage for the following Distribution
Date (without giving effect to Unscheduled Principal Receipts received
after the Applicable Unscheduled Principal Receipt Period for the current
Distribution Date which are applied by a Servicer during such Applicable
Unscheduled Principal Receipt Period);
(xii) the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and
Class B-6 Percentages for the following Distribution Date (without giving
effect to Unscheduled Principal Receipts received after the Applicable
Unscheduled Principal Receipt Period for the current Distribution Date
which are applied by a Servicer during such Applicable Unscheduled
Principal Receipt Period);
(xiii) the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and
Class B-6 Prepayment Percentages for the following Distribution Date
(without giving effect to Unscheduled Principal Receipts received after the
Applicable Unscheduled Principal Receipt Period for the current
Distribution Date which are applied by a Servicer during such Applicable
Unscheduled Principal Receipt Period);
(xiv) the number and aggregate principal balances of Mortgage Loans
delinquent (a) one month, (b) two months and (c) three months or more;
(xv) the number and aggregate principal balances of the Mortgage Loans
in foreclosure as of the preceding Determination Date;
(xvi) the book value of any real estate acquired through foreclosure
or grant of a deed in lieu of foreclosure;
(xvii) the amount of the remaining Special Hazard Loss Amount, Fraud
Loss Amount and Bankruptcy Loss Amount as of the close of business on such
Distribution Date;
(xviii) the principal and interest portions of Realized Losses
allocated as of such Distribution Date and the amount of such Realized
Losses constituting Excess Special Hazard Losses, Excess Fraud Losses or
Excess Bankruptcy Losses;
(xix) the aggregate amount of Bankruptcy Losses allocated to each
Class of Class B Certificates in accordance with Section 4.02(a) since the
Relevant Anniversary;
(xx) the amount by which the Principal Balance of each Class of Class
B Certificates has been reduced as a result of Realized Losses allocated as
of such Distribution Date;
(xxi) the unpaid principal balance of any Mortgage Loan as to which
the Servicer of such Mortgage Loan has determined not to foreclose because
it believes the related Mortgaged Property may be contaminated with or
affected by hazardous wastes or hazardous substances;
(xxii) the amount of the aggregate Servicing Fees and Master Servicing
Fees paid (and not previously reported) with respect to the related
Distribution Date and the amount by which the aggregate Available Master
Servicer Compensation has been reduced by the Prepayment Interest Shortfall
for the related Distribution Date;
(xxiii) the Class A-PO Deferred Amount, if any;
(xxiv) in the case of the Class A-17 Certificates, the Class A-17
Notional Amount; and
(xxv) in the case of the Class A-7 or Class A-18 Certificates, (a) the
Class A-7 or Class A-18 Distribution Deficiencies, if any, for such
Distribution Date, (b) amounts, if any in respect of the Class A-7 and
Class A-18 Distribution Deficiencies paid under the Policy and (c) the
amounts attributable to the Class A-7 and Class A-18 Certificates;
(xxvi) in the case of the Class A-7 and Class A-18 Certificates, the
amount remaining in each Reserve Fund after taking into account the
applicable Reserve Withdrawal for such Distribution Date; and
(xxvii) such other customary information as the Master Servicer deems
necessary or desirable to enable Certificateholders to prepare their tax
returns;
and shall deliver a copy of each type of statement to the Trustee, who shall
provide copies thereof to Persons making written request therefor at the
Corporate Trust Office.
In the case of information furnished with respect to a Class of Class A
Certificates pursuant to clauses (i) and (ii) above and with respect to a Class
of Class B Certificates pursuant to clauses (iii) and (iv) above, the amounts
shall be expressed as a dollar amount per Class A or Class B Certificate (other
than the Class A-R and Class A-LR Certificates) with a $1,000 Denomination, and
as a dollar amount per Class A-R and Class A-LR Certificate with a $100
Denomination.
Within a reasonable period of time after the end of each calendar year, the
Master Servicer shall furnish or cause to be furnished to each Person who at any
time during the calendar year was the Holder of a Certificate a statement
containing the information set forth in clauses (i) and (ii)(a) above in the
case of a Class A Certificateholder and the information set forth in clauses
(iii) and (iv)(a) above in the case of a Class B Certificateholder aggregated
for such calendar year or applicable portion thereof during which such Person
was a Certificateholder. Such obligation of the Master Servicer shall be deemed
to have been satisfied to the extent that substantially comparable information
shall be provided by the Master Servicer pursuant to any requirements of the
Code from time to time in force.
Prior to the close of business on the third Business Day preceding each
Distribution Date, the Master Servicer shall furnish a statement to the Trustee,
any Paying Agent and the Seller (the information in such statement to be made
available to Certificateholders by the Master Servicer on written request)
setting forth the Class A Distribution Amount with respect to each Class of
Class A Certificates and the Class B Distribution Amount with respect to each
Class of Class B Certificates. Upon receipt of any such statement, the Trustee
shall promptly forward a copy of such statement to Ambac. The determination by
the Master Servicer of such amounts shall, in the absence of obvious error, be
presumptively deemed to be correct for all purposes hereunder and the Trustee
and the Paying Agent shall be protected in relying upon the same without any
independent check or verification.
In addition to the reports required pursuant to this Section 4.04, the
Master Servicer shall make available upon request to each Holder and each
proposed transferee of a Class A-PO, Class B-4, Class B-5 or Class B-6
Certificate such additional information, if any, as may be required to permit
the proposed transfer to be effected pursuant to Rule 144A.
SECTION 4.05. REPORTS TO MORTGAGORS AND THE INTERNAL REVENUE SERVICE.
The Master Servicer shall, in each year beginning after the Cut-Off Date,
make the reports of foreclosures and abandonments of any Mortgaged Property as
required by Code Section 6050J. In order to facilitate this reporting process,
the Master Servicer shall request that each Servicer, on or before January 15th
of each year, shall provide to the Internal Revenue Service, with copies to the
Master Servicer, reports relating to each instance occurring during the previous
calendar year in which such Servicer (i) on behalf of the Trustee acquires an
interest in a Mortgaged Property through foreclosure or other comparable
conversion in full or partial satisfaction of a Mortgage Loan serviced by such
Servicer, or (ii) knows or has reason to know that a Mortgaged Property has been
abandoned. Reports from the Servicers shall be in form and substance sufficient
to meet the reporting requirements imposed by Code Section 6050J. In addition,
each Servicer shall provide the Master Servicer with sufficient information to
allow the Master Servicer to, for each year ending after the Cut-Off Date,
provide, or cause to be provided, to the Internal Revenue Service and the
Mortgagors such information as is required under Code Sections 6050H (regarding
payment of interest) and 6050P (regarding cancellation of indebtedness).
SECTION 4.06. RESERVE FUNDS.
(a) Two separate Reserve Funds shall be established on the Closing Date;
one for the Class A-7 Certificates and the other for the Class A-18
Certificates. The Reserve Funds shall be maintained by the Trustee in accordance
with this Section 4.06. At the time each Reserve Fund is established, the Seller
shall cause to be deposited into each Reserve Fund the amount of $3,700.00 and
$3,200.00, respectively.
With respect to each Distribution Date, the applicable Reserve Withdrawal
shall be withdrawn by the Trustee from the amount on deposit in the applicable
Reserve Fund in accordance with this Section 4.06 and distributed on such
Distribution Date to the Holders of the Class A-7 or Class A-18 Certificates as
the case may be, pro rata, based on Percentage Interest.
Notwithstanding anything herein to the contrary, on the Distribution Date
on which the Class A Principal Balance of the Class A-7 or Class A-18
Certificates has been reduced to zero, any funds then on deposit in the
applicable Reserve Fund shall be distributed to DLJ at the address provided by
it to the Trustee.
(b) Each Reserve Fund will be an "outside reserve fund" under the REMIC
Provisions that is beneficially owned for federal income tax purposes by DLJ,
which shall report all income, gain, deduction or loss with respect thereto, and
will not be an asset of either REMIC.
SECTION 4.07. DISTRIBUTIONS IN REDUCTION OF THE CLASS A-7 AND CLASS A-18
CERTIFICATES.
Distributions in reduction of the Principal Balance of the Class A-7 or
Class A-18 Certificates will be made in integral multiples of $1,000 at the
request of the appropriate representatives of Deceased Holders of such Class and
at the request of Living Holders of such Class or by mandatory distributions by
random lot, pursuant to clauses (a) and (d) below, or on a pro rata basis
pursuant to clause (f) below.
(a) On each Distribution Date on which distributions in reduction of the
Principal Balance of the Class A-7 or Class A-18 Certificates are made, such
distributions will be made with respect to such Class in the following priority:
(i) any request by the personal representatives of a Deceased Holder
or by a surviving tenant by the entirety, by a surviving joint tenant or by
a surviving tenant in common, but not exceeding an aggregate principal
balance for such Class of $100,000 per request; and
(ii) any request by a Living Holder, but not exceeding an aggregate
principal balance for such Class of $10,000 per request.
Thereafter, distributions will be made, with respect to such Class, as
provided in clauses (i) and (ii) above up to a second $100,000 and $10,000,
respectively. This sequence of priorities will be repeated for each request for
principal distributions for such Class made by the Beneficial Owners of the
Class A-7 or Class A-18 Certificates until all such requests have been honored.
For each such sequence of priorities described above, requests for
distributions in reduction of the principal balances of Class A-7 or Class A-18
Certificates presented on behalf of Deceased Holders in accordance with the
provisions of clause (i) above will be accepted in order of their receipt by the
Clearing Agency and requests for distributions in reduction of the principal
balance of Class A-7 or Class A-18 Certificates presented by Living Holders in
accordance with the provisions of clause (ii) above will be accepted in the
order of their receipt by the Clearing Agency after all requests with respect to
such Class presented in accordance with clause (i) have been honored. All
requests for distributions in reduction of the principal balances of the Class
A-7 or Class A-18 Certificates will be accepted in accordance with the
provisions set forth in Section 4.07(c). All requests for distributions in
reduction of the principal balance of Class A-7 or Class A-18 Certificates with
respect to any Distribution Date must be received by the Clearing Agency and
forwarded to, and received by, the Trustee no later than the close of business
on the related Record Date. Requests for distributions which are received by the
Clearing Agency and forwarded to, and received by, the Trustee after the related
Record Date and requests, in either case, for distributions not accepted with
respect to any Distribution Date, will be treated as requests for distributions
in reduction of the principal balance of Class A-7 or Class A-18 Certificates on
the next succeeding Distribution Date, and each succeeding Distribution Date
thereafter, until each such request is accepted or is withdrawn as provided in
Section 4.07(c). Such requests as are not so withdrawn shall retain their order
of priority without the need for any further action on the part of the
appropriate Beneficial Owner of the related Class A-7 or Class A-18 Certificate,
all in accordance with the procedures of the Clearing Agency and the Trustee.
Upon the transfer of beneficial ownership of any Class A-7 or Class A-18
Certificate, any distribution request previously submitted with respect to such
Certificate will be deemed to have been withdrawn only upon the receipt by the
Trustee of notification of such withdrawal in the manner required by the
Clearing Agency under its APUT System.
Distributions in reduction of the principal balances of the Class A-7 or
Class A-18 Certificates will be applied, in the aggregate with respect to such
Class, in an amount equal to the Class A Non-PO Principal Distribution Amount
allocable to such Class pursuant to Section 4.01(b) plus any amounts
distributable to the Class A-7 or Class A-18 Certificates as a payment under the
Policy of a Class A-7 Principal Loss Amount or a Class A-18 Principal Loss
Amount, as applicable, of the type described in clause (i) of the respective
definitions thereof, minus amounts to repay any funds withdrawn from the
Rounding Account for such Class for the prior Distribution Date, plus any
amounts available for distribution from the Rounding Account for such Class
established as provided in Section 4.07(e), provided that the aggregate
distribution in reduction of the Principal Balance of such Class on any
Distribution Date is made in an integral multiple of $1,000.
To the extent that the portion of the Class A Non-PO Principal Distribution
Amount allocable to distributions in reduction of the Principal Balance of the
Class A-7 or Class A-18 Certificates on any Distribution Date plus any amounts
distributable to the Class A-7 or Class A-18 Certificates as a payment under the
Policy of a Class A-7 Principal Loss Amount or a Class A-18 Principal Loss
Amount of the type described in clause (i) of the respective definitions hereof
(minus amounts to repay any funds withdrawn from the Rounding Account for such
Class on the prior Distribution Date and plus any amounts required to be
distributed from the Rounding Account for such Class pursuant to Section
4.07(e)) exceeds the aggregate principal balances of Class A-7 or Class A-18
Certificates with respect to which distribution requests, as set forth above,
have been received distributions in reduction of the Principal Balance of the
Class A-7 or Class A-18 Certificates will be made by mandatory distribution
pursuant to Section 4.07(d).
(b) A Class A-7 or Class A-18 Certificate shall be deemed to be held by a
Deceased Holder for purposes of this Section 4.07 if the death of the Beneficial
Owner thereof is deemed to have occurred. Class A-7 or Class A-18 Certificates
beneficially owned by tenants by the entirety, joint tenants or tenants in
common will be considered to be beneficially owned by a single owner. The death
of a tenant by the entirety, joint tenant or tenant in common will be deemed to
be the death of the Beneficial Owner, and the Class A-7 or Class A-18
Certificates so beneficially owned will be eligible for priority with respect to
distributions in reduction of the principal balance of such Class thereof,
subject to the limitations stated above. Class A-7 or Class A-18 Certificates
beneficially owned by a trust will be considered to be beneficially owned by
each beneficiary of the trust to the extent of such beneficiary's beneficial
interest therein, but in no event will a trust's beneficiaries collectively be
deemed to be Beneficial Owners of a number of Individual Class A-7 Certificates
or Individual Class A-18 Certificates greater than the number of Individual
Class A-7 Certificates or Individual Class A-18 Certificates of which such trust
is the owner. The death of a beneficiary of a trust will be deemed to be the
death of a Beneficial Owner of the Class A-7 or Class A-18 Certificates owned by
the trust to the extent of such beneficiary's beneficial interest in such trust.
The death of an individual who was a tenant by the entirety, joint tenant or
tenant in common in a tenancy which is the beneficiary of a trust will be deemed
to be the death of the beneficiary of such trust. The death of a person who,
during his or her lifetime, was entitled to substantially all of the beneficial
ownership interests in Individual Class A-7 Certificates or Individual Class
A-18 Certificates will be deemed to be the death of the Beneficial Owner of such
Class A-7 or Class A-18 Certificates regardless of the registration of
ownership, if such beneficial interest can be established to the satisfaction of
the Trustee. Such beneficial interest will be deemed to exist in typical cases
of street name or nominee ownership, ownership by a Trustee, ownership under the
Uniform Gifts to Minors Act and community property or other joint ownership
arrangements between a husband and wife. Beneficial interests shall include the
power to sell, transfer or otherwise dispose of a Class A-7 or Class A-18
Certificate and the right to receive the proceeds therefrom, as well as interest
and distributions in reduction of the principal balances of the Class A-7 or
Class A-18 Certificates payable with respect thereto. The Trustee shall not be
under any duty to determine independently the occurrence of the death of any
deceased Beneficial Owner. The Trustee may rely entirely upon documentation
delivered to it pursuant to Section 4.07(c) in establishing the eligibility of
any Beneficial Owner to receive the priority accorded Deceased Holders in
Section 4.07(a).
(c) Requests for distributions in reduction of the principal balance of
Class A-7 or Class A-18 Certificates must be made by delivering a written
request therefor to the Clearing Agency Participant or Clearing Agency Indirect
Participant that maintains the account evidencing such Beneficial Owner's
interest in Class A-7 or Class A-18 Certificates. In the case of a request on
behalf of a Deceased Holder, appropriate evidence of death and any tax waivers
are required to be forwarded to the Trustee under separate cover. The Clearing
Agency Participant should in turn make the request of the Clearing Agency (or,
in the case of a Clearing Agency Indirect Participant, such Clearing Agency
Indirect Participant must notify the related Clearing Agency Participant of such
request, which Clearing Agency Participant should make the request of the
Clearing Agency) in the manner required under the rules and regulations of the
Clearing Agency's APUT System and provided to the Clearing Agency Participant.
Upon receipt of such request, the Clearing Agency will date and time stamp such
request and forward such request to the Trustee. The Clearing Agency may
establish such procedures as it deems fair and equitable to establish the order
of receipt of requests for such distributions received by it on the same day.
Neither the Master Servicer nor the Trustee shall be liable for any delay in
delivery of requests for distributions or withdrawals of such requests by the
Clearing Agency, a Clearing Agency Participant or any Clearing Agency Indirect
Participant.
The Trustee shall maintain a list of those Clearing Agency Participants
representing the appropriate Beneficial Owners of Class A-7 or Class A-18
Certificates that have submitted requests for distributions in reduction of the
principal balance of Certificates of such Class, together with the order of
receipt and the amounts of such requests. The Clearing Agency will honor
requests for distributions in the order of their receipt (subject to the
priorities described in Section 4.07(a) above). The Trustee shall notify the
Clearing Agency and the appropriate Clearing Agency Participants as to which
requests should be honored on each Distribution Date. Requests shall be honored
by the Clearing Agency in accordance with the procedures, and subject to the
priorities and limitations, described in this Section 4.07. The exact procedures
to be followed by the Trustee and the Clearing Agency for purposes of
determining such priorities and limitations will be those established from time
to time by the Trustee or the Clearing Agency, as the case may be. The decisions
of the Trustee and the Clearing Agency concerning such matters will be final and
binding on all affected persons.
Individual Class A-7 Certificates or Individual Class A-18 Certificates
which have been accepted for a distribution shall be due and payable on the
applicable Distribution Date. Such Certificates shall cease to bear interest
after the last day of the month preceding the month in which such Distribution
Date occurs, and notwithstanding anything to the contrary herein, no amounts
shall be due from Ambac or otherwise with respect to interest on such
Certificates after such last day of the month.
Any Beneficial Owner of a Class A-7 or Class A-18 Certificate which has
requested a distribution may withdraw its request by so notifying in writing the
Clearing Agency Participant or Clearing Agency Indirect Participant that
maintains such Beneficial Owner's account. In the event that such account is
maintained by a Clearing Agency Indirect Participant, such Clearing Agency
Indirect Participant must notify the related Clearing Agency Participant which
in turn must forward the withdrawal of such request, on a form required by the
Clearing Agency, to the Trustee. If such notice of withdrawal of a request for
distribution has not been received by the Clearing Agency and forwarded to the
Trustee on or before the Record Date for the next Distribution Date, the
previously made request for distribution will be irrevocable with respect to the
making of distributions in reduction of the Principal Balance of Class A-7 or
Class A-18 Certificates on such Distribution Date.
In the event any requests for distributions in reduction of the principal
balance of Class A-7 or Class A-18 Certificates are rejected by the Trustee for
failure to comply with the requirements of this Section 4.07, the Trustee shall
return such request to the appropriate Clearing Agency Participant with a copy
to the Clearing Agency with an explanation as to the reason for such rejection.
(d) To the extent, if any, that distributions in reduction of the Principal
Balance of Class A-7 or Class A-18 Certificates on a Distribution Date exceed
the outstanding principal balances of Certificates of such Class with respect to
which distribution requests have been received by the related Record Date, as
provided in Section 4.07(a) above, distributions in reduction of the Principal
Balance of the Class A-7 or Class A-18 Certificates will be made by mandatory
distributions in reduction thereof. Such mandatory distributions on Individual
Class A-7 Certificates or Individual Class A-18 Certificates will be made by
random lot in accordance with the then-applicable random lot procedures of the
Clearing Agency, the Clearing Agency Participants and the Clearing Agency
Indirect Participants representing the Beneficial Owners; provided however,
that, if after the distribution in reduction of the Principal Balance of the
Class A-7 or Class A-18 Certificates on the next succeeding Distribution Date on
which mandatory distributions are to be made, the principal balance of Class A-7
or Class A-18 Certificates would not be reduced to zero, the Individual Class
A-7 Certificates or Individual Class A-18 Certificates to which such
distributions will be applied shall be selected by the Clearing Agency from
those Class A-7 or Class A-18 Certificates not otherwise receiving distributions
in reduction of the principal balance on such Distribution Date. The Trustee
shall notify the Clearing Agency of the aggregate amount of the mandatory
distribution in reduction of the Principal Balance of the Class A-7 or Class
A-18 Certificates to be made on the next Distribution Date. The Clearing Agency
shall then allocate such aggregate amount among its Clearing Agency Participants
on a random lot basis. Each Clearing Agency Participant and, in turn, each
Clearing Agency Indirect Participant will then select, in accordance with its
own random lot procedures, Individual Class A-7 Certificates or Individual Class
A-18 Certificates from among those held in its accounts to receive mandatory
distributions in reduction of the principal balance of the Certificates of such
Class, such that the total amount so selected is equal to the aggregate amount
of such mandatory distributions allocated to such Clearing Agency Participant by
the Clearing Agency and to such Clearing Agency Indirect Participant by its
related Clearing Agency Participant, as the case may be. Clearing Agency
Participants and Clearing Agency Indirect Participants which hold Class A-7 or
Class A-18 Certificates selected for mandatory distributions in reduction of the
principal balances are required to provide notice of such mandatory
distributions to the affected Beneficial Owners. The Master Servicer agrees to
notify the Trustee of the amount of distributions in reduction of the principal
balances of Class A-7 or Class A-18 Certificates to be made on each Distribution
Date in a timely manner such that the Trustee may fulfill its obligations
pursuant to the Letter of Representations dated the Business Day immediately
preceding the Closing Date among the Seller, the Trustee and the Clearing
Agency.
(e) On the Closing Date, the Rounding Account shall be established with the
Trustee and the Seller shall cause to be initially deposited with the Trustee a
$1999.98 deposit for the Rounding Account. On each Distribution Date on which a
distribution is made in reduction of the principal balance of the Class A-7 or
Class A-18 Certificates, funds on deposit in the Rounding Account shall be
available to be applied to round upward to an integral multiple of $1,000 the
aggregate distribution in reduction of the Class A Principal Balance to be made
on the Class A-7 or Class A-18 Certificates. Rounding of such distribution on
the Class A-7 or Class A-18 Certificates shall be accomplished, on the first
such Distribution Date, by withdrawing from the Rounding Account the amount of
funds, if any, needed to round the amount otherwise available for such
distribution in reduction of the principal balance of the Class A-7 or Class
wA-18 Certificates upward to the next integral multiple of $1,000. On each
succeeding Distribution Date on which distributions in reduction of the
principal balance of the Class A-7 or Class A-18 Certificates are to be made,
the aggregate amount of such distributions allocable to the Class A-7 or Class
A-18 Certificates shall be applied first to repay any funds withdrawn from the
Rounding Account for such Class on the prior Distribution Date for which funds
were withdrawn from such account for such Class, and then the remainder of such
allocable amount, if any, shall be similarly rounded upward and applied as
distributions in reduction of the principal balance of the Class A-7 or Class
A-18 Certificates; this process shall continue on succeeding Distribution Dates
until the Class A Principal Balance of the Class A-7 or Class A-18 Certificates
has been reduced to zero. The funds in the Rounding Account shall be held in a
non-interest bearing account and shall not be reinvested.
Notwithstanding anything herein to the contrary, on the Distribution Date
on which distributions in reduction of the Principal Balance of the Class A-7 or
Class A-18 Certificates will reduce the Principal Balance thereof to zero or in
the event that distributions in reduction of the Principal Balance of the Class
A-7 or Class A-18 Certificates are made in accordance with the provisions set
forth in Section 4.07(f), an amount equal to the difference between $1,000 and
the sum then held in the Rounding Account shall be paid from the Pool
Distribution Amount to the Rounding Account. Any funds then on deposit in such
Rounding Account shall be distributed to the Holder of the Class A-LR
Certificate.
(f) Notwithstanding any provisions herein to the contrary, on each
Distribution Date on and after Ambac's failure to make a payment with respect to
a Class A-7 Distribution Deficiency or a Class A-18 Distribution Deficiency,
distributions in reduction of the Principal Balance of the Class A-7 and Class
A-18 Certificates (including amounts paid in respect of such losses under the
Policy) will be made on a pro rata basis among the Holders of the Class A-7 or
Class A-18 Certificates, as applicable, and will not be made in integral
multiples of $1,000 or pursuant to requested distributions or mandatory
distributions by random lot.
(g) In the event that the pro rata distributions described in section
4.07(f) cannot be made through the facilities of the Clearing Agency, the Class
A-7 and Class A-18 Certificates will be withdrawn from the facilities of the
Clearing Agency and Definitive Certificates will be issued to replace such
withdrawn Book-Entry Certificates pursuant to Section 5.07. An amendment to this
Agreement, which may be approved without the consent of any Certificateholders,
shall establish procedures relating to the manner in which pro rata
distributions in reduction of the principal balances of the Class A-7 and Class
A-18 Certificates are to be made; provided that such procedures shall be
consistent, to the extent practicable and customary for certificates similar to
the Class A-7 and Class A-18 Certificates, with the provisions of this Section
4.07.
SECTION 4.08. POLICY MATTERS.
(a) If, on the second Business Day before any Distribution Date, the
Trustee determines that there will be a Class A-7 Distribution Deficiency or
Class A-18 Distribution Deficiency for such Distribution Date, the Trustee shall
determine the amount of such Class A-7 Distribution Deficiency or Class A-18
Distribution Deficiency and shall give notice to Ambac by telephone or telecopy
of the amount of such deficiency confirmed in writing by the Notice of
Nonpayment by 12:00 noon, New York City time on such second Business Day.
(b) At the time of the execution and delivery of this Agreement, the
Trustee shall establish a separate special purpose trust account in the name of
the Trustee for the benefit of Holders of the Class A-7 or Class A-18
Certificates referred to herein as the "Policy Payments Account" over which the
Trustee shall have exclusive control and sole right of withdrawal. The Trustee
shall deposit any amounts paid under the Policy into the Policy Payments Account
and distribute such amounts only for purposes of payment to Holders of the Class
A-7 or Class A-18 Certificates of the Class A-7 Distribution Deficiency or Class
A-18 Distribution Deficiency for which a claim was made and such amounts may not
be applied to satisfy any costs, expenses or liabilities of the Trustee or the
Trust Estate. Amounts paid under the Policy shall be disbursed by the Trustee to
Holders of the Class A-7 or Class A-18 Certificates in the same manner as
distributions in reduction of the principal balance of and interest on the
Certificates of such Class are made under Section 4.01(e). It shall not be
necessary for such payments of the Class A-7 Distribution Deficiency or Class
A-18 Distribution Deficiency to be made by checks or wire transfers separate
from the check or wire transfer used to pay distributions in reduction of the
principal balance of and interest on the Class A-7 or Class A-18 Certificates
with funds available to make such distributions. However, the amount of any
distribution to be paid from funds transferred from the Policy Payments Account
shall be noted as provided in (c) below and in the statement to be furnished to
Holders of the Class A-7 or Class A-18 Certificates and Ambac pursuant to
Section 4.04. Funds held in the Policy Payments Account shall not be invested by
the Trustee.
On any Distribution Date with respect to which a claim has been made under
the Policy, the amount of any funds received by the Trustee as a result of the
claim under the Policy to the extent necessary to make distributions on the
Class A-7 or Class A-18 Certificates equal to the Class A-7 Distribution
Deficiency or the Class A-18 Distribution Deficiency on such Distribution Date
shall be withdrawn from the Policy Payments Account and applied by the Trustee
to the payment in full of the Class A-7 Distribution Deficiency or the Class
A-18 Distribution Deficiency. Any funds deposited into the Policy Payments
Account in respect of the Class A-7 or Class A-18 Certificates that are
remaining therein on the first Business Day following a Distribution Date after
the Class A-7 Distribution Deficiency or Class A-18 Distribution Deficiency has
been made to the Certificateholders of such Class shall be remitted in
immediately available funds to Ambac, pursuant to the instructions of Ambac, by
the end of such Business Day.
(c) The Trustee shall keep a complete and accurate record of the Class A-7
or Class A-18 Interest Loss Amount, the Class A-7 or Class A-18 Principal Loss
Amount and any Non-Supported Interest Shortfall allocated to the Class A-7 or
Class A-18 Certificates once the applicable Reserve Fund has been depleted, paid
from moneys received under the Policy. Ambac shall have the right to inspect
such records at reasonable times upon one Business Day's prior notice to the
Trustee.
(d) In the event that the Trustee has received a certified copy of an order
of the appropriate court that any distributions in reduction of the principal
balance of or interest on a Class A-7 or Class A-18 Certificate has been avoided
in whole or in part as a preference payment under applicable bankruptcy law, the
Trustee shall so notify Ambac and shall comply with the provisions of the
applicable Policy to obtain payment by Ambac of such avoided distribution, and
shall, at the time it provides notice to Ambac, notify, by mail to Holders of
the Certificates of such Class that, in the event that any Holder's distribution
is so recovered, such Holder will be entitled to payment pursuant to the terms
of the applicable Policy, a copy of which shall be made available by the Trustee
and the Trustee shall furnish to Ambac its records evidencing the distributions
in reduction of the principal balance of and interest (including any
Non-Supported Interest Shortfall described in Section 4.08(c)) on the Class A-7
or Class A-18 Certificates, if any, which have been made by the Trustee and
subsequently recovered from Holders, and the dates on which such distributions
were made. Such payment under the applicable Policy shall be disbursed to the
receiver, conservator, debtor-in-possession or Trustee in bankruptcy named in
the order and not to the Trustee or any Class A-7 or Class A-18
Certificateholder directly (unless such Certificateholder has previously paid
such amount to the receiver, conservator, debtor-in-possession or Trustee in
bankruptcy named in the order, in which case such payment shall be disbursed to
the Trustee for distribution to such Certificateholder upon proof of such
payment reasonably satisfactory to Ambac).
(e) The Trustee shall promptly notify Ambac of any proceeding or the
institution of any action seeking the avoidance as a preferential transfer under
applicable bankruptcy, insolvency, receivership or similar law (a "Preference
Claim") of any distribution made with respect to the Class A-7 or Class A-18
Certificates as to which it has actual knowledge. Each Holder of a Class A-7 or
Class A-18 Certificate, by its purchase of such Certificates and the Trustee
hereby agree that Ambac (so long as no Ambac Default exists) may at any time
during the continuation of any proceeding relating to a Preference Claim direct
all matters relating to such Preference Claim, including, without limitation,
(i) the direction of any appeal of any order relating to any Preference Claim
and (ii) the posting of any surety, supersedeas or performance bond pending any
such appeal. In addition and without limitation of the foregoing, Ambac shall be
subrogated to the rights of the Trustee and each Holder in the conduct of any
Preference Claim, including, without limitation, all rights of any party to an
adversary proceeding or action with respect to any court order issued in
connection with any such Preference Claim.
(f) The Trustee acknowledges, and each Holder of a Class A-7 or Class A-18
Certificate by its acceptance of such Certificate agrees, that without any
further action on the part of Ambac, Ambac shall be subrogated to all of the
rights to amounts distributable to such Certificateholders in respect of Class A
Unpaid Interest Shortfalls, Non-Supported Interest Shortfalls allocated to such
Certificates and recoveries, if any, with respect to the Class A-7 or Class A-18
Principal Loss Amounts with respect to amounts paid under the Policy. The Class
A-7 or Class A-18 Certificateholders by acceptance of such Certificates assign
their rights as Holders of such Certificates to Ambac to the extent of Ambac's
interest with respect to amounts paid.
(g) The Master Servicer shall designate an Ambac Contact Person who shall
be available to Ambac to provide reasonable access to information regarding the
Mortgage Loans. The initial Ambac Contact Person is appointed in Section 11.27.
(h) The Trustee shall surrender the Policy to Ambac for cancellation upon
the expiration of the term of the Policy as provided in the Policy.
(i) The Trustee upon receipt from the Master Servicer shall send to Ambac
the report prepared pursuant to Section 3.05 and the statements prepared
pursuant to Section 4.04.
SECTION 4.09. CALCULATION OF AMOUNTS; BINDING EFFECT OF
INTERPRETATIONS AND ACTIONS OF MASTER SERVICER.
The Master Servicer will compute the amount of all distributions to be made
on the Certificates and all losses to be allocated to the Certificates. In the
event that the Master Servicer concludes that any ambiguity or uncertainty
exists in any provisions of this Agreement relating to distributions to be made
on the Certificates or the allocation of losses to the Certificates, the
interpretation of such provisions and any actions taken by the Master Servicer
in good faith to implement such interpretation shall be binding upon
Certificateholders.
<PAGE>
ARTICLE V
THE CERTIFICATES
SECTION 5.01. THE CERTIFICATES.
(a) The Class A and Class B Certificates shall be issued only in minimum
Denominations of a Single Certificate and, except for the Class A-17, Class
A-PO, Class A-R and Class A-LR Certificates, integral multiples of $1,000 in
excess thereof (except, if necessary, for one Certificate of each Class (other
than the Class A-17, Class A-PO, Class A-R and Class A-LR Certificates) that
evidences one Single Certificate plus such additional principal portion as is
required in order for all Certificates of such Class to equal the aggregate
Original Principal Balance of such Class, as the case may be), and shall be
substantially in the respective forms set forth as Exhibits A-1, A-2, A-3, A-4,
A-5, A-6, A-7, A-8, A-9, A-10, A-11, A-12, A-13, A-14, A-15, A-16, A-17, A-18,
A-19, A-20, A-PO, A-R, A-LR, B-1, B-2, B-3, B-4, B-5, B-6, and C (reverse side
of Certificates) hereto. On original issue the Certificates shall be executed
and delivered by the Trustee to or upon the order of the Seller upon receipt by
the Trustee or the Custodian of the documents specified in Section 2.01. The
aggregate principal portion (or notional amount) evidenced by the Class A and
Class B Certificates shall be the sum of the amounts specifically set forth in
the respective Certificates. The Certificates shall be executed by manual or
facsimile signature on behalf of the Trustee by any Responsible Officer thereof.
Certificates bearing the manual or facsimile signatures of individuals who were
at any time the proper officers of the Trustee shall bind the Trustee
notwithstanding that such individuals or any of them have ceased to hold such
offices prior to the authentication and delivery of such Certificates or did not
hold such offices at the date of such Certificates. No Certificate shall be
entitled to any benefit under this Agreement, or be valid for any purpose,
unless manually countersigned by a Responsible Officer of the Trustee, or unless
there appears on such Certificate a certificate of authentication executed by
the Authenticating Agent by manual signature, and such countersignature or
certificate upon a Certificate shall be conclusive evidence, and the only
evidence, that such Certificate has been duly authenticated and delivered
hereunder. All Certificates shall be dated the date of their authentication.
Until such time as Definitive Certificates are issued pursuant to Section
5.07, each Book-Entry Certificate shall bear the following legend:
"Unless this certificate is presented by an authorized representative
of [the Clearing Agency] to the Seller or its agent for registration of
transfer, exchange or payment, and any certificate issued is registered in
the name of [the Clearing Agency] or such other name as requested by an
authorized representative of [the Clearing Agency] and any payment is made
to [the Clearing Agency], any transfer, pledge or other use hereof for
value or otherwise by or to any person is wrongful since the registered
owner hereof, [the Clearing Agency], has an interest herein."
(b) Upon original issuance, the Book-Entry Certificates shall be issued in
the form of one or more typewritten certificates, to be delivered to The
Depository Trust Company, the initial Clearing Agency, by, or on behalf of, the
Seller. Such Certificates shall initially be registered in the Certificate
Register in the name of the nominee of the initial Clearing Agency, and no
Beneficial Owner will receive a definitive certificate representing such
Beneficial Owner's interest in the Book-Entry Certificates, except as provided
in Section 5.07. Unless and until definitive, fully registered certificates
("Definitive Certificates") have been issued to Beneficial Owners pursuant to
Section 5.07:
(i) the provisions of this Section 5.01(b) shall be in full force and
effect;
(ii) the Seller, the Master Servicer, the Certificate Registrar and
the Trustee may deal with the Clearing Agency for all purposes (including
the making of distributions on the Book-Entry Certificates and the taking
of actions by the Holders of Book-Entry Certificates) as the authorized
representative of the Beneficial Owners;
(iii) to the extent that the provisions of this Section 5.01(b)
conflict with any other provisions of this Agreement, the provisions of
this Section 5.01(b) shall control;
(iv) the rights of Beneficial Owners shall be exercised only through
the Clearing Agency and shall be limited to those established by law, the
rules, regulations and procedures of the Clearing Agency and agreements
between such Beneficial Owners and the Clearing Agency and/or the Clearing
Agency Participants, and all references in this Agreement to actions by
Certificateholders shall, with respect to the Book-Entry Certificates,
refer to actions taken by the Clearing Agency upon instructions from the
Clearing Agency Participants, and all references in this Agreement to
distributions, notices, reports and statements to Certificateholders shall,
with respect to the Book-Entry Certificates, refer to distributions,
notices, reports and statements to the Clearing Agency or its nominee, as
registered holder of the Book-Entry Certificates, as the case may be, for
distribution to Beneficial Owners in accordance with the procedures of the
Clearing Agency; and
(v) the initial Clearing Agency will make book-entry transfers among
the Clearing Agency Participants and receive and transmit distributions of
principal and interest on the Certificates to the Clearing Agency
Participants, for distribution by such Clearing Agency Participants to the
Beneficial Owners or their nominees.
For purposes of any provision of this Agreement requiring or permitting
actions with the consent of, or at the direction of, Holders of Book-Entry
Certificates evidencing specified Voting Interests, such direction or consent
shall be given by Beneficial Owners having the requisite Voting Interests,
acting through the Clearing Agency.
Unless and until Definitive Certificates have been issued to Beneficial
Owners pursuant to Section 5.07, copies of the reports or statements referred to
in Section 4.04 shall be available to Beneficial Owners upon written request to
the Trustee at the Corporate Trust Office.
SECTION 5.02. REGISTRATION OF CERTIFICATES.
(a) The Trustee shall cause to be kept at one of the offices or agencies to
be maintained in accordance with the provisions of Section 5.06 a Certificate
Register in which, subject to such reasonable regulations as it may prescribe,
the Trustee shall provide for the registration of Certificates and of transfers
and exchanges of Certificates as herein provided. The Trustee shall act as, or
shall appoint, a Certificate Registrar for the purpose of registering
Certificates and transfers and exchanges of Certificates as herein provided.
Upon surrender for registration of transfer of any Certificate at any
office or agency maintained for such purpose pursuant to Section 5.06 (and
subject to the provisions of this Section 5.02) the Trustee shall execute, and
shall date, authenticate (or cause the Authenticating Agent to authenticate) and
deliver, in the name of the designated transferee or transferees, one or more
new Certificates of a like aggregate principal portion or Percentage Interest
and of the same Class.
At the option of the Certificateholders, Certificates may be exchanged for
other Certificates of authorized Denominations of a like aggregate principal
portion or Percentage Interest and of the same Class upon surrender of the
Certificates to be exchanged at any such office or agency. Whenever any
Certificates are so surrendered for exchange, the Trustee shall execute, and
shall date, authenticate (or cause the Authenticating Agent to authenticate) and
deliver, the Certificates which the Certificateholder making the exchange is
entitled to receive. Every Certificate presented or surrendered for transfer or
exchange shall (if so required by the Certificate Registrar or the Trustee) be
duly endorsed by, or be accompanied by a written instrument of transfer in form
satisfactory to the Certificate Registrar, duly executed by the Holder thereof
or his attorney duly authorized in writing.
No service charge shall be made for any transfer or exchange of
Certificates, but the Trustee or the Certificate Registrar may require payment
of a sum sufficient to cover any tax or governmental charge that may be imposed
in connection with any transfer or exchange of Certificates.
All Certificates surrendered for transfer and exchange shall be canceled by
the Certificate Registrar, the Trustee or the Authenticating Agent in accordance
with their standard procedures.
(b) No transfer of a Class A-PO, Class B-4, Class B-5 or Class B-6
Certificate shall be made unless the registration requirements of the Securities
Act of 1933, as amended, and any applicable State securities laws are complied
with, or such transfer is exempt from the registration requirements under said
Act and laws. In the event that a transfer is to be made in reliance upon an
exemption from said Act or laws, (i) unless such transfer is made in reliance on
Rule 144A, the Trustee or the Seller may, if such transfer is to be made within
three years after the later of (i) the date of the initial sale of Certificates
or (ii) the last date on which the Seller or any affiliate thereof was a Holder
of the Certificates proposed to be transferred, require a Class A-PO, Class B-4,
Class B-5 or Class B-6 Certificateholder to deliver a written Opinion of Counsel
acceptable to and in form and substance satisfactory to the Trustee and the
Seller, to the effect that such transfer may be made pursuant to an exemption,
describing the applicable exemption and the basis therefor, from said Act and
laws or is being made pursuant to said Act and laws, which Opinion of Counsel
shall not be an expense of the Trustee, the Seller or the Master Servicer, and
(ii) the Trustee shall require the transferee (other than an affiliate of the
Seller on the Closing Date) to execute an investment letter in the form of
Exhibit J hereto certifying to the Seller and the Trustee the facts surrounding
such transfer, which investment letter shall not be an expense of the Trustee,
the Seller or the Master Servicer. The Holder of a Class A-PO, Class B-4, Class
B-5 or Class B-6 Certificate desiring to effect such transfer shall, and does
hereby agree to, indemnify the Trustee, the Seller, the Master Servicer and any
Paying Agent acting on behalf of the Trustee against any liability that may
result if the transfer is not so exempt or is not made in accordance with such
federal and state laws. Neither the Seller nor the Trustee is under an
obligation to register the Class A-PO, Class B-4, Class B-5 or Class B-6
Certificates under said Act or any other securities law.
(c) No transfer of a Class A-PO or Class B Certificate shall be made (other
than the transfer of the Class A-PO Certificates to an affiliate of the Seller
on the Closing Date) unless the Trustee shall have received (i) a representation
letter from the transferee in the form of Exhibit J hereto, in the case of a
Class A-PO, Class B-4, Class B-5 or Class B-6 Certificate, or in the form of
Exhibit K hereto, in the case of a Class B-1, Class B-2 or Class B-3
Certificate, to the effect that either (a) such transferee is not an employee
benefit plan or other retirement arrangement subject to Title I of ERISA or Code
Section 4975, or a governmental plan, as defined in Section 3(32) of ERISA,
subject to any federal, state or local law ("Similar Law") which is to a
material extent similar to the foregoing provisions of ERISA or the Code
(collectively, a "Plan") and is not a person acting on behalf of or using the
assets of any such Plan, which representation letter shall not be an expense of
the Trustee, the Seller or the Master Servicer or (b) with respect to the Class
B Certificates only, if such transferee is an insurance company, (A) the source
of funds used to purchase the Class B Certificates is an "insurance company
general account" (as such term is defined in Section V(e) of Prohibited
Transaction Class Exemption 95-60 ("PTE 95-60"), 60 Fed. Reg. 35925 (July 12,
1995)), (B) there is no Plan with respect to which the amount of such general
account's reserves and liabilities for the contract(s) held by or on behalf of
such Plan and all other Plans maintained by the same employer (or affiliate
thereof as defined in Section V(a)(1) of PTE 95-60) or by the same employee
organization exceeds 10% of the total of all reserves and liabilities of such
general account (as such amounts are determined under Section I(a) of PTE 95-60)
at the date of acquisition and (C) the purchase and holding of such Class B
Certificates is covered by Sections I and III of PTE 95-60 or (ii) in the case
of any such Class A-PO or Class B Certificate presented for registration in the
name of a Plan, or a trustee of any such Plan, (A) an Opinion of Counsel
satisfactory to the Trustee and the Seller to the effect that the purchase or
holding of such Class A-PO or Class B Certificate will not result in the assets
of the Trust Estate being deemed to be "plan assets" and subject to the
prohibited transaction provisions of ERISA, the Code or Similar Law and will not
subject the Trustee, the Seller or the Master Servicer to any obligation in
addition to those undertaken in this Agreement, which Opinion of Counsel shall
not be an expense of the Trustee, the Seller or the Master Servicer and (B) such
other opinions of counsel, officer's certificates and agreements as the Seller
or the Master Servicer may require in connection with such transfer, which
opinions of counsel, officers' certificates and agreements shall not be an
expense of the Trustee, the Seller or the Master Servicer. The Class A-PO and
Class B Certificates shall bear a legend referring to the foregoing restrictions
contained in this paragraph.
(d) No legal or beneficial interest in all or any portion of the Class A-R
or Class A-LR Certificate may be transferred directly or indirectly to a
"disqualified organization" within the meaning of Code Section 860E(e)(5) or an
agent of a disqualified organization (including a broker, nominee, or
middleman), to a Plan or a Person acting on behalf of or investing the assets of
a Plan (such Plan or Person, an "ERISA Prohibited Holder") or to an individual,
corporation, partnership or other person unless such transferee (i) is not a
Non-U.S. Person or (ii) is a Non-U.S. Person that holds the Class A-R or Class
A-LR Certificate in connection with the conduct of a trade or business within
the United States and has furnished the transferor and the Trustee with an
effective Internal Revenue Service Form 4224 or (iii) is a Non-U.S. Person that
has delivered to both the transferor and the Trustee an opinion of a nationally
recognized tax counsel to the effect that the transfer of the Class A-R or Class
A-LR Certificate to it is in accordance with the requirements of the Code and
the regulations promulgated thereunder and that such transfer of the Class A-R
or Class A-LR Certificate will not be disregarded for federal income tax
purposes (any such person who is not covered by clauses (i), (ii) or (iii) above
being referred to herein as a "Non-permitted Foreign Holder"), and any such
purported transfer shall be void and have no effect. The Trustee shall not
execute, and shall not authenticate (or cause the Authenticating Agent to
authenticate) and deliver, a new Class A-R or Class A-LR Certificate in
connection with any such transfer to a disqualified organization or agent
thereof (including a broker, nominee or middleman), an ERISA Prohibited Holder
or a Non-permitted Foreign Holder, and neither the Certificate Registrar nor the
Trustee shall accept a surrender for transfer or registration of transfer, or
register the transfer of, the Class A-R or Class A-LR Certificate, unless the
transferor shall have provided to the Trustee an affidavit, substantially in the
form attached as Exhibit H hereto, signed by the transferee, to the effect that
the transferee is not such a disqualified organization, an agent (including a
broker, nominee, or middleman) for any entity as to which the transferee has not
received a substantially similar affidavit, an ERISA Prohibited Holder or a
Non-permitted Foreign Holder, which affidavit shall contain the consent of the
transferee to any such amendments of this Agreement as may be required to
further effectuate the foregoing restrictions on transfer of the Class A-R or
Class A-LR Certificate to disqualified organizations, ERISA Prohibited Holders
or Non-permitted Foreign Holders. Such affidavit shall also contain the
statement of the transferee that (i) the transferee has historically paid its
debts as they have come due and intends to do so in the future, (ii) the
transferee understands that it may incur liabilities in excess of cash flows
generated by the residual interest, (iii) the transferee intends to pay taxes
associated with holding the residual interest as they become due and (iv) the
transferee will not transfer the Class A-R or Class A-LR Certificate to any
Person who does not provide an affidavit substantially in the form attached as
Exhibit H hereto.
The affidavit described in the preceding paragraph, if not executed in
connection with the initial issuance of the Class A-R or Class A-LR Certificate,
shall be accompanied by a written statement in the form attached as Exhibit I
hereto, signed by the transferor, to the effect that as of the time of the
transfer, the transferor has no actual knowledge that the transferee is a
disqualified organization, ERISA Prohibited Holder or Non-permitted Foreign
Holder, and has no knowledge or reason to know that the statements made by the
transferee with respect to clauses (i) and (iii) of the last sentence of the
preceding paragraph are not true. The Class A-R and Class A-LR Certificates
shall bear a legend referring to the foregoing restrictions contained in this
paragraph and the preceding paragraph.
Upon notice to the Master Servicer that any legal or beneficial interest in
any portion of the Class A-R or Class A-LR Certificate has been transferred,
directly or indirectly, to a disqualified organization or agent thereof
(including a broker, nominee, or middleman) in contravention of the foregoing
restrictions, (i) such transferee shall be deemed to hold the Class A-R or Class
A-LR Certificate in constructive trust for the last transferor who was not a
disqualified organization or agent thereof, and such transferor shall be
restored as the owner of such Class A-R or Class A-LR Certificate as completely
as if such transfer had never occurred, provided that the Master Servicer may,
but is not required to, recover any distributions made to such transferee with
respect to the Class A-R or Class A-LR Certificate, and (ii) the Master Servicer
agrees to furnish to the Internal Revenue Service and to any transferor of the
Class A-R or Class A-LR Certificate or such agent (within 60 days of the request
therefor by the transferor or agent) such information necessary to the
application of Code Section 860E(e) as may be required by the Code, including
but not limited to the present value of the total anticipated excess inclusions
with respect to the Class A-R or Class A-LR Certificate (or portion thereof) for
periods after such transfer. At the election of the Master Servicer, the cost to
the Master Servicer of computing and furnishing such information may be charged
to the transferor or such agent referred to above; however, the Master Servicer
shall in no event be excused from furnishing such information.
SECTION 5.03. MUTILATED, DESTROYED, LOST OR STOLEN CERTIFICATES.
If (i) any mutilated Certificate is surrendered to the Trustee or the
Authenticating Agent, or the Trustee or the Authenticating Agent receives
evidence to its satisfaction of the destruction, loss or theft of any
Certificate, and (ii) there is delivered to the Trustee or the Authenticating
Agent such security or indemnity as may be required by them to hold each of them
harmless, then, in the absence of notice to the Trustee or the Authenticating
Agent that such Certificate has been acquired by a bona fide purchaser, the
Trustee shall execute and authenticate (or cause the Authenticating Agent to
authenticate) and deliver, in exchange for or in lieu of any such mutilated,
destroyed, lost or stolen Certificate, a new Certificate of like tenor and
principal portion or Percentage Interest and of the same Class. Upon the
issuance of any new Certificate under this Section, the Trustee or the
Certificate Registrar may require the payment of a sum sufficient to cover any
tax or other governmental charge that may be imposed in relation thereto and any
other expense (including the fees and expenses of the Trustee or the
Authenticating Agent) in connection therewith. Any duplicate Certificate issued
pursuant to this Section shall constitute complete and indefeasible evidence of
ownership in the Trust Estate, as if originally issued, whether or not the lost,
stolen, or destroyed Certificate shall be found at any time.
SECTION 5.04. PERSONS DEEMED OWNERS.
Prior to the due presentation of a Certificate for registration of
transfer, the Seller, the Master Servicer, the Trustee, the Certificate
Registrar and any agent of the Seller, the Master Servicer, the Trustee or the
Certificate Registrar may treat the Person in whose name any Certificate is
registered as the owner of such Certificate for the purpose of receiving
distributions pursuant to Section 4.01, and for all other purposes whatsoever,
and neither the Seller, the Master Servicer, the Trustee, the Certificate
Registrar nor any agent of the Seller, the Master Servicer, the Trustee or the
Certificate Registrar shall be affected by notice to the contrary.
SECTION 5.05. ACCESS TO LIST OF CERTIFICATEHOLDERS' NAMES AND ADDRESSES.
(a) If the Trustee is not acting as Certificate Registrar, the Certificate
Registrar shall furnish or cause to be furnished to the Trustee, within 15 days
after receipt by the Certificate Registrar of a request by the Trustee in
writing, a list, in such form as the Trustee may reasonably require, of the
names and addresses of the Certificateholders of each Class as of the most
recent Record Date.
(b) If five or more Certificateholders (hereinafter referred to as
"applicants") apply in writing to the Trustee, and such application states that
the applicants desire to communicate with other Certificateholders with respect
to their rights under this Agreement or under the Certificates and is
accompanied by a copy of the communication which such applicants propose to
transmit, then the Trustee shall, within five Business Days following the
receipt of such application, afford such applicants access during normal
business hours to the most recent list of Certificateholders held by the
Trustee. If such a list is as of the date more than 90 days prior to the date of
receipt of such applicants' request and the Trustee is not the Certificate
Registrar, the Trustee shall promptly request from the Certificate Registrar a
current list as provided in paragraph (a) hereof, and shall afford such
applicants access to such list promptly upon receipt.
(c) Every Certificateholder, by receiving and holding a Certificate, agrees
with the Seller, the Master Servicer, the Certificate Registrar and the Trustee
that neither the Seller, the Master Servicer, the Certificate Registrar nor the
Trustee shall be held accountable by reason of the disclosure of any such
information as to the names, addresses and Percentage Interests of the
Certificateholders hereunder, regardless of the source from which such
information was delivered.
SECTION 5.06. MAINTENANCE OF OFFICE OR AGENCY.
The Trustee will maintain, at its expense, an office or agency where
Certificates may be surrendered for registration of transfer or exchange and
where notices and demands to or upon the Certificate Registrar in respect of the
Certificates and this Agreement may be served. The Trustee initially designates
the Corporate Trust Office and the principal corporate trust office of the
Authenticating Agent, if any, as its offices and agencies for said purposes.
SECTION 5.07. DEFINITIVE CERTIFICATES.
If (i)(A) the Master Servicer advises the Trustee in writing that the
Clearing Agency is no longer willing or able properly to discharge its
responsibilities as depository with respect to the Book-Entry Certificates, and
(B) the Master Servicer is unable to locate a qualified successor, (ii) the
Master Servicer, at its option, advises the Trustee in writing that it elects to
terminate the book-entry system through the Clearing Agency, (iii) after the
occurrence of dismissal or resignation of the Master Servicer, Beneficial Owners
representing aggregate Voting Interests of not less than 51% of the aggregate
Voting Interests of each outstanding Class of Book-Entry Certificates advise the
Trustee through the Clearing Agency and Clearing Agency Participants in writing
that the continuation of a book-entry system through the Clearing Agency is no
longer in the best interests of the Beneficial Owners or (iv) upon the
occurrence of the events specified in Section 4.07(g), the Trustee shall notify
the Beneficial Owners, through the Clearing Agency, of the occurrence of any
such event and of the availability of Definitive Certificates to Beneficial
Owners requesting the same. Upon surrender to the Trustee by the Clearing Agency
of the Certificates held of record by its nominee, accompanied by reregistration
instructions and directions to execute and authenticate new Certificates from
the Master Servicer, the Trustee shall execute and authenticate Definitive
Certificates for delivery at its Corporate Trust Office. The Master Servicer
shall arrange for, and will bear all costs of, the printing and issuance of such
Definitive Certificates. Neither the Seller, the Master Servicer nor the Trustee
shall be liable for any delay in delivery of such instructions by the Clearing
Agency and may conclusively rely on, and shall be protected in relying on, such
instructions.
SECTION 5.08. NOTICES TO CLEARING AGENCY.
Whenever notice or other communication to the Holders of Book-Entry
Certificates is required under this Agreement, unless and until Definitive
Certificates shall have been issued to Beneficial Owners pursuant to Section
5.07, the Trustee shall give all such notices and communications specified
herein to be given to Holders of Book-Entry Certificates to the Clearing Agency.
<PAGE>
ARTICLE VI
THE SELLER AND THE MASTER SERVICER
SECTION 6.01. LIABILITY OF THE SELLER AND THE MASTER SERVICER.
The Seller and the Master Servicer shall each be liable in accordance
herewith only to the extent of the obligations specifically imposed by this
Agreement and undertaken hereunder by the Seller and the Master Servicer.
SECTION 6.02. MERGER OR CONSOLIDATION OF THE SELLER OR THE
MASTER SERVICER.
Subject to the following paragraph, the Seller and the Master Servicer each
will keep in full effect its existence, rights and franchises as a corporation
under the laws of the jurisdiction of its incorporation, and will obtain and
preserve its qualification to do business as a foreign corporation in each
jurisdiction in which such qualification is or shall be necessary to protect the
validity and enforceability of this Agreement, the Certificates or any of the
Mortgage Loans and to perform its respective duties under this Agreement.
The Seller or the Master Servicer may be merged or consolidated with or
into any Person, or transfer all or substantially all of its assets to any
Person, in which case any Person resulting from any merger or consolidation to
which the Seller or Master Servicer shall be a party, or any Person succeeding
to the business of the Seller or Master Servicer, shall be the successor of the
Seller or Master Servicer hereunder, without the execution or filing of any
paper or any further act on the part of any of the parties hereto, anything
herein to the contrary notwithstanding; provided, however, that, in the case of
the Master Servicer, any such successor or resulting Person shall be qualified
to service mortgage loans for FNMA or FHLMC.
SECTION 6.03. LIMITATION ON LIABILITY OF THE SELLER, THE MASTER SERVICER
AND OTHERS.
Neither the Seller nor the Master Servicer nor any subcontractor nor any of
the partners, directors, officers, employees or agents of any of them shall be
under any liability to the Trust Estate or the Certificateholders and all such
Persons shall be held harmless for any action taken or for refraining from the
taking of any action in good faith pursuant to this Agreement, or for errors in
judgment; provided, however, that this provision shall not protect any such
Person against any breach of warranties or representations made herein or
against any liability which would otherwise be imposed by reason of willful
misfeasance, bad faith or gross negligence in the performance of duties or by
reason of reckless disregard of obligations and duties hereunder. The Seller,
the Master Servicer, any subcontractor, and any partner, director, officer,
employee or agent of any of them shall be entitled to indemnification by the
Trust Estate and will be held harmless against any loss, liability or expense
incurred in connection with any legal action relating to this Agreement or the
Certificates, other than any loss, liability or expense incurred by reason of
willful misfeasance, bad faith or gross negligence in the performance of his or
its duties hereunder or by reason of reckless disregard of his or its
obligations and duties hereunder. The Seller, the Master Servicer and any of the
directors, officers, employees or agents of either may rely in good faith on any
document of any kind which, prima facie, is properly executed and submitted by
any Person respecting any matters arising hereunder. Neither the Seller nor the
Master Servicer shall be under any obligation to appear in, prosecute or defend
any legal action unless such action is related to its respective duties under
this Agreement and which in its opinion does not involve it in any expense or
liability; provided, however, that the Seller or the Master Servicer may in its
discretion undertake any such action which it may deem necessary or desirable
with respect to this Agreement and the rights and duties of the parties hereto
and the interests of the Certificateholders hereunder if the Certificateholders
offer to the Seller or the Master Servicer, as the case may be, reasonable
security or indemnity against the costs, expenses and liabilities which may be
incurred therein or thereby. In such event, the legal expenses and costs of such
action and any liability resulting therefrom shall be expenses, costs and
liabilities of the Trust Estate, and the Seller or the Master Servicer shall be
entitled to be reimbursed therefor out of the Certificate Account, and such
amounts shall, on the following Distribution Date or Distribution Dates, be
allocated in reduction of distributions on the Class A and Class B Certificates
in the same manner as Realized Losses are allocated pursuant to Section 4.02(a).
SECTION 6.04. RESIGNATION OF THE MASTER SERVICER.
The Master Servicer shall not resign from the obligations and duties hereby
imposed on it except upon determination that its duties hereunder are no longer
permissible under applicable law or are in material conflict by reason of
applicable law with any other activities carried on by it. Any such
determination permitting the resignation of the Master Servicer shall be
evidenced by an Opinion of Counsel to such effect delivered to the Trustee, a
copy of which shall be delivered, but not addressed, to Ambac. No such
resignation shall become effective until the Trustee or a successor servicer
shall have assumed the Master Servicer's responsibilities, duties, liabilities
and obligations hereunder.
SECTION 6.05. COMPENSATION TO THE MASTER SERVICER.
The Master Servicer shall be entitled to receive a monthly fee equal to the
Master Servicing Fee, as compensation for services rendered by the Master
Servicer under this Agreement. The Master Servicer also will be entitled to any
late reporting fees paid by a Servicer pursuant to its Servicing Agreement and
any investment income on funds on deposit in the Certificate Account as
additional compensation.
SECTION 6.06. ASSIGNMENT OR DELEGATION OF DUTIES BY MASTER SERVICER.
The Master Servicer shall not assign or transfer any of its rights,
benefits or privileges under this Agreement to any other Person, or delegate to
or subcontract with, or authorize or appoint any other Person to perform any of
the duties, covenants or obligations to be performed by the Master Servicer
without the prior written consent of the Trustee, and any agreement, instrument
or act purporting to effect any such assignment, transfer, delegation or
appointment shall be void. Notwithstanding the foregoing, the Master Servicer
shall have the right without the prior written consent of the Trustee (i) to
assign its rights and delegate its duties and obligations hereunder; provided,
however, that (a) the purchaser or transferee accepting such assignment or
delegation is qualified to service mortgage loans for FNMA or FHLMC, is
satisfactory to the Trustee, in the exercise of its reasonable judgment, and
executes and delivers to the Trustee an agreement, in form and substance
reasonably satisfactory to the Trustee, which contains an assumption by such
purchaser or transferee of the due and punctual performance and observance of
each covenant and condition to be performed or observed by the Master Servicer
hereunder from and after the date of such agreement; and (b) each applicable
Rating Agency's rating of any Certificates in effect immediately prior to such
assignment, sale or transfer is not reasonably likely to be qualified,
downgraded or withdrawn as a result of such assignment, sale or transfer and the
Certificates are not reasonably likely to be placed on credit review status by
any such Rating Agency (without, in the case of the Class A-7 or Class A-18
Certificates, giving effect to the guaranty provided by Ambac); and (ii) to
delegate to, subcontract with, authorize, or appoint an affiliate of the Master
Servicer to perform and carry out any duties, covenants or obligations to be
performed and carried out by the Master Servicer under this Agreement and hereby
agrees so to delegate, subcontract, authorize or appoint to an affiliate of the
Master Servicer any duties, covenants or obligations to be performed and carried
out by the Master Servicer to the extent that such duties, covenants or
obligations are to be performed in any state or states in which the Master
Servicer is not authorized to do business as a foreign corporation but in which
the affiliate is so authorized. In no case, however, shall any permitted
assignment and delegation relieve the Master Servicer of any liability to the
Trustee or the Seller under this Agreement, incurred by it prior to the time
that the conditions contained in clause (i) above are met.
SECTION 6.07. INDEMNIFICATION OF TRUSTEE AND SELLER BY MASTER SERVICER.
The Master Servicer shall indemnify and hold harmless the Trustee and the
Seller and any director, officer or agent thereof against any loss, liability or
expense, including reasonable attorney's fees, arising out of, in connection
with or incurred by reason of willful misfeasance, bad faith or negligence in
the performance of duties of the Master Servicer under this Agreement or by
reason of reckless disregard of its obligations and duties under this Agreement.
Any payment pursuant to this Section made by the Master Servicer to the Trustee
or the Seller shall be from such entity's own funds, without reimbursement
therefor. The provisions of this Section 6.07 shall survive the termination of
this Agreement.
SECTION 6.08. MASTER SERVICER COVENANTS CONCERNING YEAR 2000 COMPLIANCE.
The Master Servicer covenants that it is working to modify its computer and
other systems used in the performance of its duties as Master Servicer for the
Certificates to operate in a manner such that, on and after January 1, 2000, the
Master Servicer can perform its duties in accordance with the terms of this
Agreement.
<PAGE>
ARTICLE VII
DEFAULT
SECTION 7.01. EVENTS OF DEFAULT.
In case one or more of the following Events of Default by the Master
Servicer shall occur and be continuing, that is to say:
(i) any failure by the Master Servicer (a) to remit any funds to the
Paying Agent as required by Section 4.03 or (b) to distribute or cause to
be distributed to Certificateholders any payment required to be made by the
Master Servicer under the terms of this Agreement which, in either case,
continues unremedied for a period of three business days after the date
upon which written notice of such failure, requiring the same to be
remedied, shall have been given to the Master Servicer by the Trustee or to
the Master Servicer and the Trustee by the holders of Certificates
evidencing in the aggregate not less than 25% of the aggregate Voting
Interest represented by all Certificates; or
(ii) any failure on the part of the Master Servicer duly to observe or
perform in any material respect any other of the covenants or agreements on
the part of the Master Servicer in the Certificates or in this Agreement
which continues unremedied for a period of 60 days after the date on which
written notice of such failure, requiring the same to be remedied, shall
have been given to the Master Servicer by the Trustee, or to the Master
Servicer and the Trustee by the holders of Certificates evidencing in the
aggregate not less than 25% of the aggregate Voting Interest represented by
all Certificates; or
(iii) a decree or order of a court or agency or supervisory authority
having jurisdiction in the premises for the appointment of a trustee,
conservator, receiver or liquidator in any bankruptcy, insolvency,
readjustment of debt, marshaling of assets and liabilities or similar
proceedings, or for the winding-up or liquidation of its affairs, shall
have been entered against the Master Servicer and such decree or order
shall have remained in force undischarged and unstayed for a period of 60
days; or
(iv) the Master Servicer shall consent to the appointment of a
trustee, conservator, receiver or liquidator or liquidating committee in
any bankruptcy, insolvency, readjustment of debt, marshaling of assets and
liabilities, voluntary liquidation or similar proceedings of or relating to
the Master Servicer, or of or relating to all or substantially all of its
property; or
(v) the Master Servicer shall admit in writing its inability to pay
its debts generally as they become due, file a petition to take advantage
of any applicable insolvency, bankruptcy or reorganization statute, make an
assignment for the benefit of its creditors or voluntarily suspend payment
of its obligations;
(vi) the Master Servicer shall be dissolved, or shall dispose of all
or substantially all of its assets; or consolidate with or merge into
another entity or shall permit another entity to consolidate or merge into
it, such that the resulting entity does not meet the criteria for a
successor servicer, as specified in Section 6.02 hereof; or
(vii) the Master Servicer and any subservicer appointed by it becomes
ineligible to service for both FNMA and FHLMC, which ineligibility
continues unremedied for a period of 90 days.
then, and in each and every such case, subject to applicable law, so long as an
Event of Default shall not have been remedied, either the Trustee or the holders
of Certificates evidencing in the aggregate not less than 66 2/3% of the
aggregate Voting Interest represented by all Certificates, by notice in writing
to the Master Servicer (and to the Trustee if given by the Certificateholders)
may terminate all of the rights and obligations of the Master Servicer under
this Agreement and in and to the Mortgage Loans, but without prejudice to any
rights which the Master Servicer may have to the aggregate Master Servicing Fees
due prior to the date of transfer of the Master Servicer's responsibilities
hereunder, reimbursement of expenses to the extent permitted by this Agreement,
Periodic Advances and other advances of its own funds. Upon receipt by the
Master Servicer of such written notice, all authority and power of the Master
Servicer under this Agreement, whether with respect to the Certificates or the
Mortgage Loans or otherwise, shall pass to and be vested in the Trustee pursuant
to and under this Section, subject to the provisions of Section 7.05; and,
without limitation, the Trustee is hereby authorized and empowered to execute
and deliver, on behalf of the Master Servicer, as attorney-in-fact or otherwise,
any and all documents and other instruments, and to do or accomplish all other
acts or things necessary or appropriate to effect the purposes of such notice of
termination, whether to complete the transfer and endorsement or assignment of
the Mortgage Loans and related documents or otherwise. The Master Servicer
agrees to cooperate with the Trustee in effecting the termination of the Master
Servicer's responsibilities and rights hereunder and shall promptly provide the
Trustee all documents and records reasonably requested by it to enable it to
assume the Master Servicer's functions hereunder and shall promptly also
transfer to the Trustee all amounts which then have been or should have been
deposited in the Certificate Account by the Master Servicer or which are
thereafter received by the Master Servicer with respect to the Mortgage Loans.
SECTION 7.02. OTHER REMEDIES OF TRUSTEE.
During the continuance of any Event of Default, so long as such Event of
Default shall not have been remedied, the Trustee, in addition to the rights
specified in Section 7.01, shall have the right, in its own name as trustee of
an express trust, to take all actions now or hereafter existing at law, in
equity or by statute to enforce its rights and remedies and to protect the
interests, and enforce the rights and remedies, of the Certificateholders
(including the institution and prosecution of all judicial, administrative and
other proceedings and the filing of proofs of claim and debt in connection
therewith). Except as otherwise expressly provided in this Agreement, no remedy
provided for by this Agreement shall be exclusive of any other remedy, and each
and every remedy shall be cumulative and in addition to any other remedy and no
delay or omission to exercise any right or remedy shall impair any such right or
remedy or shall be deemed to be a waiver of any Event of Default.
SECTION 7.03. DIRECTIONS BY CERTIFICATEHOLDERS AND
DUTIES OF TRUSTEE DURING EVENT OF DEFAULT.
During the continuance of any Event of Default, Holders of Certificates
evidencing in the aggregate not less than 25% of the aggregate Voting Interest
represented by all Certificates may direct the time, method and place of
conducting any proceeding for any remedy available to the Trustee, or exercising
any trust or power conferred upon the Trustee, under this Agreement; provided,
however, that the Trustee shall be under no obligation to pursue any such
remedy, or to exercise any of the rights or powers vested in it by this
agreement (including, without limitation, (i) the conducting or defending of any
administrative action or litigation hereunder or in relation hereto and (ii) the
terminating of the Master Servicer from its rights and duties as servicer
hereunder) at the request, order or direction of any of the Certificateholders,
unless such Certificateholders shall have offered to the Trustee reasonable
security or indemnity against the cost, expenses and liabilities which may be
incurred therein or thereby and, provided further, that, subject to the
provisions of Section 8.01, the Trustee shall have the right to decline to
follow any such direction if the Trustee, in accordance with an Opinion of
Counsel, determines that the action or proceeding so directed may not lawfully
be taken or if the Trustee in good faith determines that the action or
proceeding so directed would involve it in personal liability or be unjustly
prejudicial to the nonassenting Certificateholders.
SECTION 7.04. ACTION UPON CERTAIN FAILURES OF THE
MASTER SERVICER AND UPON EVENT OF DEFAULT.
In the event that the Trustee shall have knowledge of any failure of the
Master Servicer specified in Section 7.01(i) or (ii) which would become an Event
of Default upon the Master Servicer's failure to remedy the same after notice,
the Trustee may, but need not if the Trustee deems it not in the
Certificateholders' best interest, give notice thereof to the Master Servicer.
For all purposes of this Agreement, in the absence of actual knowledge by a
corporate trust officer of the Trustee, the Trustee shall not be deemed to have
knowledge of any failure of the Master Servicer as specified in Section 7.01(i)
and (ii) or any Event of Default unless notified thereof in writing by the
Master Servicer or by a Certificateholder.
SECTION 7.05. TRUSTEE TO ACT; APPOINTMENT OF SUCCESSOR.
When the Master Servicer receives notice of termination pursuant to Section
7.01 or the Trustee receives the resignation of the Master Servicer evidenced by
an Opinion of Counsel pursuant to Section 6.04, the Trustee shall be the
successor in all respects to the Master Servicer in its capacity as master
servicer under this Agreement and the transactions set forth or provided for
herein and shall have the rights and powers and be subject to all the
responsibilities, duties and liabilities relating thereto placed on the Master
Servicer by the terms and provisions hereof and in its capacity as such
successor shall have the same limitation of liability herein granted to the
Master Servicer. In the event that the Trustee is succeeding to the Master
Servicer as the Master Servicer, as compensation therefor, the Trustee shall be
entitled to receive monthly such portion of the Master Servicing Fee, together
with such other servicing compensation as is agreed to at such time by the
Trustee and the Master Servicer, but in no event more than 25% thereof until the
date of final cessation of the Master Servicer's servicing activities hereunder.
Notwithstanding the above, the Trustee may, if it shall be unwilling to so act,
or shall, if it is unable to so act or to obtain a qualifying bid as described
below, appoint, or petition a court of competent jurisdiction to appoint, any
housing and home finance institution, bank or mortgage servicing institution
having a net worth of not less than $10,000,000 and meeting such other standards
for a successor servicer as are set forth herein, as the successor to the Master
Servicer hereunder in the assumption of all or any part of the responsibilities,
duties or liabilities of the Master Servicer hereunder; provided, however, that
until such a successor master servicer is appointed and has assumed the
responsibilities, duties and liabilities of the Master Servicer hereunder, the
Trustee shall continue as the successor to the Master Servicer as provided
above. The compensation of any successor master servicer so appointed shall not
exceed the compensation specified in Section 6.05 hereof. In the event the
Trustee is required to solicit bids as provided above, the Trustee shall
solicit, by public announcement, bids from housing and home finance
institutions, banks and mortgage servicing institutions meeting the
qualifications set forth in the preceding sentence for the purchase of the
master servicing functions. Such public announcement shall specify that the
successor master servicer shall be entitled to the full amount of the Master
Servicing Fee as compensation together with the other servicing compensation in
the form of late reporting fees or otherwise as provided in Section 6.05. Within
30 days after any such public announcement, the Trustee shall negotiate and
effect the sale, transfer and assignment of the master servicing rights and
responsibilities hereunder to the qualified party submitting the highest
qualifying bid. The Trustee shall deduct all costs and expenses of any public
announcement and of any sale, transfer and assignment of the servicing rights
and responsibilities hereunder from any sum received by the Trustee from the
successor to the Master Servicer in respect of such sale, transfer and
assignment. After such deductions, the remainder of such sum shall be paid by
the Trustee to the Master Servicer at the time of such sale, transfer and
assignment to the Master Servicer's successor. The Trustee and such successor
shall take such action, consistent with this Agreement, as shall be necessary to
effectuate any such succession. The Master Servicer agrees to cooperate with the
Trustee and any successor servicer in effecting the termination of the Master
Servicer's servicing responsibilities and rights hereunder and shall promptly
provide the Trustee or such successor master servicer, as applicable, all
documents and records reasonably requested by it to enable it to assume the
Master Servicer's function hereunder and shall promptly also transfer to the
Trustee or such successor master servicer, as applicable, all amounts which then
have been or should have been deposited in the Certificate Account by the Master
Servicer or which are thereafter received by the Master Servicer with respect to
the Mortgage Loans. Neither the Trustee nor any other successor master servicer
shall be deemed to be in default hereunder by reason of any failure to make, or
any delay in making, any distribution hereunder or any portion thereof caused by
(i) the failure of the Master Servicer to deliver, or any delay in delivering,
cash, documents or records to it, or (ii) restrictions imposed by any regulatory
authority having jurisdiction over the Master Servicer. Notwithstanding anything
to the contrary contained in Section 7.01 above or this Section 7.05, the Master
Servicer shall retain all of its rights and responsibilities hereunder, and no
successor (including the Trustee) shall succeed thereto, if the assumption
thereof by such successor would cause the rating assigned to any Certificates to
be revoked, downgraded or placed on credit review status (other than for
possible upgrading) (without, in the case of the Class A-7 and Class A-18
Certificates, giving effect to the guaranty provided by Ambac) by either Rating
Agency and the retention thereof by the Master Servicer would avert such
revocation, downgrading or review.
SECTION 7.06. NOTIFICATION TO CERTIFICATEHOLDERS.
Upon any termination of the Master Servicer or appointment of a successor
master servicer, in each case as provided herein, the Trustee shall give prompt
written notice thereof to Certificateholders at their respective addresses
appearing in the Certificate Register. The Trustee shall also, within 45 days
after the occurrence of any Event of Default known to the Trustee, give written
notice thereof to Certificateholders at their respective addresses appearing in
the Certificate Register, unless such Event of Default shall have been cured or
waived within said 45 day period.
<PAGE>
ARTICLE VIII
CONCERNING THE TRUSTEE
SECTION 8.01. DUTIES OF TRUSTEE.
The Trustee, prior to the occurrence of an Event of Default and after the
curing of all Events of Default which may have occurred, undertakes to perform
such duties and only such duties as are specifically set forth in this
Agreement. In case an Event of Default has occurred (which has not been cured),
the Trustee, subject to the provisions of Sections 7.01, 7.03, 7.04 and 7.05,
shall exercise such of the rights and powers vested in it by this Agreement, and
use the same degree of care and skill in its exercise as a prudent investor
would exercise or use under the circumstances in the conduct of such investor's
own affairs.
The Trustee, upon receipt of all resolutions, certificates, statements,
opinions, reports, documents, orders or other instruments furnished to the
Trustee, which are specifically required to be furnished pursuant to any
provision of this Agreement, shall examine them to determine whether they are in
the form required by this Agreement; provided, however, that the Trustee shall
not be responsible for the accuracy or content of any certificate, statement,
instrument, report, notice or other document furnished by the Master Servicer or
the Servicers pursuant to Articles III, IV and IX.
No provision of this Agreement shall be construed to relieve the Trustee
from liability for its own negligent action, its own negligent failure to act or
its own willful misconduct; provided, however, that:
(i) Prior to the occurrence of an Event of Default and after the
curing of all such Events of Default which may have occurred, the duties
and obligations of the Trustee shall be determined solely by the express
provisions of this Agreement, the Trustee shall not be liable except for
the performance of such duties and obligations as are specifically set
forth in this Agreement, no implied covenants or obligations shall be read
into this Agreement against the Trustee and, in the absence of bad faith on
the part of the Trustee, the Trustee may conclusively rely, as to the truth
of the statements and the correctness of the opinions expressed therein,
upon any certificates or opinions furnished to the Trustee, and conforming
to the requirements of this Agreement;
(ii) The Trustee shall not be personally liable with respect to any
action taken, suffered or omitted to be taken by it in good faith in
accordance with the direction of holders of Certificates which evidence in
the aggregate not less than 25% of the Voting Interest represented by all
Certificates relating to the time, method and place of conducting any
proceeding for any remedy available to the Trustee, or exercising any trust
or power conferred upon the Trustee, under this Agreement; and
(iii) The Trustee shall not be liable for any error of judgment made
in good faith by any of its Responsible Officers, unless it shall be proved
that the Trustee or such Responsible Officer, as the case may be, was
negligent in ascertaining the pertinent facts.
None of the provisions contained in this Agreement shall require the
Trustee to expend or risk its own funds or otherwise incur personal financial
liability in the performance of any of its duties hereunder or in the exercise
of any of its rights or powers if there is reasonable ground for believing that
repayment of such funds or adequate indemnity against such risk or liability is
not reasonably assured to it.
SECTION 8.02. CERTAIN MATTERS AFFECTING THE TRUSTEE.
Except as otherwise provided in Section 8.01:
(i) The Trustee may request and rely and shall be protected in acting
or refraining from acting upon any resolution, Officers' Certificate,
certificate of auditors or any other certificate, statement, instrument,
opinion, report, notice, request, consent, order, appraisal, bond or other
paper or document believed by it to be genuine and to have been signed or
presented by the proper party or parties and the manner of obtaining
consents and evidencing the authorization of the execution thereof shall be
subject to such reasonable regulations as the Trustee may prescribe;
(ii) The Trustee may consult with counsel, and any written advice of
such counsel or any Opinion of Counsel shall be full and complete
authorization and protection in respect of any action taken or suffered or
omitted by it hereunder in good faith and in accordance with such advice or
Opinion of Counsel;
(iii) The Trustee shall not be personally liable for any action taken,
suffered or omitted by it in good faith and believed by it to be authorized
or within the discretion or rights or powers conferred upon it by this
Agreement;
(iv) Subject to Section 7.04, the Trustee shall not be accountable,
shall have no liability and makes no representation as to any acts or
omissions hereunder of the Master Servicer until such time as the Trustee
may be required to act as Master Servicer pursuant to Section 7.05 and
thereupon only for the acts or omissions of the Trustee as successor Master
Servicer; and
(v) The Trustee may execute any of the trusts or powers hereunder or
perform any duties hereunder either directly or by or through agents or
attorneys.
SECTION 8.03. TRUSTEE NOT REQUIRED TO MAKE INVESTIGATION.
Prior to the occurrence of an Event of Default hereunder and after the
curing of all Events of Default which may have occurred, the Trustee shall not
be bound to make any investigation into the facts or matters stated in any
resolution, certificate, statement, instrument, opinion, report, notice,
request, consent, order, appraisal, bond, Mortgage, Mortgage Note or other paper
or document (provided the same appears regular on its face), unless requested in
writing to do so by holders of Certificates evidencing in the aggregate not less
than 51% of the Voting Interest represented by all Certificates; provided,
however, that if the payment within a reasonable time to the Trustee of the
costs, expenses or liabilities likely to be incurred by it in the making of such
investigation is, in the opinion of the Trustee, not reasonably assured to the
Trustee by the security afforded to it by the terms of this Agreement, the
Trustee may require reasonable indemnity against such expense or liability as a
condition to so proceeding. The reasonable expense of every such investigation
shall be paid by the Master Servicer or, if paid by the Trustee, shall be repaid
by the Master Servicer upon demand.
SECTION 8.04. TRUSTEE NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS.
The recitals contained herein and in the Certificates (other than the
certificate of authentication on the Certificates) shall be taken as the
statements of the Seller, and the Trustee assumes no responsibility as to the
correctness of the same. The Trustee makes no representation for the correctness
of the same. The Trustee makes no representation as to the validity or
sufficiency of this Agreement or of the Certificates or of any Mortgage Loan or
related document. Subject to Section 2.04, the Trustee shall not be accountable
for the use or application by the Seller of any of the Certificates or of the
proceeds of such Certificates, or for the use or application of any funds paid
to the Master Servicer in respect of the Mortgage Loans deposited into the
Certificate Account by the Master Servicer or, in its capacity as trustee, for
investment of any such amounts.
SECTION 8.05. TRUSTEE MAY OWN CERTIFICATES.
The Trustee and any agent thereof, in its individual or any other capacity,
may become the owner or pledgee of Certificates with the same rights it would
have if it were not Trustee or such agent and may transact banking and/or trust
business with the Seller, the Master Servicer or their Affiliates.
SECTION 8.06. THE MASTER SERVICER TO PAY FEES AND EXPENSES.
The Master Servicer covenants and agrees to pay to the Trustee from time to
time, and the Trustee shall be entitled to receive, reasonable compensation
(which shall not be limited by any provision of law in regard to the
compensation of a trustee of an express trust) for all services rendered by it
in the execution of the trusts hereby created and in the exercise and
performance of any of the powers and duties hereunder of the Trustee and the
Master Servicer will pay or reimburse the Trustee upon its request for all
reasonable expenses, disbursements and advances incurred or made by it in
accordance with any of the provisions of this Agreement (including the
reasonable compensation and the expenses and disbursements of its counsel and of
all persons not regularly in its employ) except any such expense, disbursement,
or advance as may arise from its negligence or bad faith.
SECTION 8.07. ELIGIBILITY REQUIREMENTS.
The Trustee hereunder shall at all times (i) be a corporation or
association having its principal office in a state and city acceptable to the
Seller, organized and doing business under the laws of such state or the United
States of America, authorized under such laws to exercise corporate trust
powers, having a combined capital and surplus of at least $50,000,000, or shall
be a member of a bank holding system, the aggregate combined capital and surplus
of which is at least $50,000,000, provided that its separate capital and surplus
shall at all times be at least the amount specified in Section 310(a)(2) of the
Trust Indenture Act of 1939, (ii) be subject to supervision or examination by
federal or state authority and (iii) have a credit rating or be otherwise
acceptable to the Rating Agencies such that neither of the Rating Agencies would
reduce their respective then current ratings of the Certificates (or have
provided such security from time to time as is sufficient to avoid such
reduction) as evidenced in writing by each Rating Agency. If such corporation or
association publishes reports of condition at least annually, pursuant to law or
to the requirements of the aforesaid supervising or examining authority, then
for the purposes of this Section the combined capital and surplus of such
corporation or association shall be deemed to be its combined capital and
surplus as set forth in its most recent report of condition so published. In
case at any time the Trustee shall cease to be eligible in accordance with the
provisions of this Section, the Trustee shall resign immediately in the manner
and with the effect specified in Section 8.08.
SECTION 8.08. RESIGNATION AND REMOVAL.
The Trustee may at any time resign and be discharged from the trust hereby
created by giving written notice of resignation to the Master Servicer, such
resignation to be effective upon the appointment of a successor trustee. Upon
receiving such notice of resignation, the Master Servicer shall promptly appoint
a successor trustee by written instrument, in duplicate, one copy of which
instrument shall be delivered to the resigning entity and one copy to its
successor. If no successor trustee shall have been appointed and have accepted
appointment within 30 days after the giving of such notice of resignation, the
resigning Trustee may petition any court of competent jurisdiction for the
appointment of a successor trustee.
If at any time the Trustee shall cease to be eligible in accordance with
the provisions of Section 8.07 and shall fail to resign after written request
for its resignation by the Master Servicer, or if at any time the Trustee shall
become incapable of acting, or an order for relief shall have been entered in
any bankruptcy or insolvency proceeding with respect to such entity, or a
receiver of such entity or of its property shall be appointed, or any public
officer shall take charge or control of the Trustee or of the property or
affairs of the Trustee for the purpose of rehabilitation, conversion or
liquidation, or the Master Servicer shall deem it necessary in order to change
the situs of the Trust Estate for state tax reasons, then the Master Servicer
shall remove the Trustee and appoint a successor trustee by written instrument,
in duplicate, one copy of which instrument shall be delivered to the Trustee so
removed and one copy to the successor trustee.
The Holders of Certificates evidencing in the aggregate not less than 51%
of the Voting Interests represented by all Certificates (except that any
Certificate registered in the name of the Seller, the Master Servicer or any
affiliate thereof will not be taken into account in determining whether the
requisite Voting Interests has been obtained) may at any time remove the Trustee
and appoint a successor by written instrument or instruments, in triplicate,
signed by such holders or their attorneys-in-fact duly authorized, one complete
set of which instruments shall be delivered to the Master Servicer, one complete
set of which shall be delivered to the entity or entities so removed and one
complete set of which shall be delivered to the successor so appointed.
Any resignation or removal of the Trustee and appointment of a successor
pursuant to any of the provisions of this Section shall become effective upon
acceptance of appointment by the successor as provided in Section 8.09.
SECTION 8.09. SUCCESSOR.
Any successor trustee appointed as provided in Section 8.08 shall execute,
acknowledge and deliver to the Master Servicer and to its predecessor trustee an
instrument accepting such appointment hereunder, and thereupon the resignation
or removal of the predecessor trustee shall become effective, and such
successor, without any further act, deed or reconveyance, shall become fully
vested with all the rights, powers, duties and obligations of its predecessor
hereunder, with like effect as if originally named as trustee herein. The
predecessor trustee shall deliver to its successor all Owner Mortgage Loan Files
and related documents and statements held by it hereunder (other than any Owner
Mortgage Loan Files at the time held by a Custodian, which Custodian shall
become the agent of any successor trustee hereunder), and the Seller, the Master
Servicer and the predecessor entity shall execute and deliver such instruments
and do such other things as may reasonably be required for more fully and
certainly vesting and confirming in the successor trustee all such rights,
powers, duties and obligations. No successor shall accept appointment as
provided in this Section unless at the time of such acceptance such successor
shall be eligible under the provisions of Section 8.07
Upon acceptance of appointment by a successor as provided in this Section,
the Master Servicer shall mail notice of the succession of such trustee
hereunder to all Holders of Certificates at their addresses as shown in the
Certificate Register. If the Master Servicer fails to mail such notice within
ten days after acceptance of the successor trustee, the successor trustee shall
cause such notice to be mailed at the expense of the Master Servicer.
SECTION 8.10. MERGER OR CONSOLIDATION.
Any Person into which the Trustee may be merged or converted or with which
it may be consolidated, to which it may sell or transfer its corporate trust
business and assets as a whole or substantially as a whole or any Person
resulting from any merger, sale, transfer, conversion or consolidation to which
the Trustee shall be a party, or any Person succeeding to the business of such
entity, shall be the successor of the Trustee hereunder; provided, however, that
(i) such Person shall be eligible under the provisions of Section 8.07, without
the execution or filing of any paper or any further act on the part of any of
the parties hereto, anything herein to the contrary notwithstanding, and (ii)
the Trustee shall deliver an Opinion of Counsel to the Seller and the Master
Servicer to the effect that such merger, consolidation, sale or transfer will
not subject either the Upper-Tier REMIC or the Lower-Tier REMIC to federal,
state or local tax or cause either the Upper-Tier REMIC or the Lower-Tier REMIC
to fail to qualify as a REMIC, which Opinion of Counsel shall be at the sole
expense of the Trustee.
SECTION 8.11. AUTHENTICATING AGENT.
The Trustee may appoint an Authenticating Agent, which shall be authorized
to act on behalf of the Trustee in authenticating Certificates. Wherever
reference is made in this Agreement to the authentication of Certificates by the
Trustee or the Trustee's countersignature, such reference shall be deemed to
include authentication on behalf of the Trustee by the Authenticating Agent and
a certificate of authentication executed on behalf of the Trustee by the
Authenticating Agent. The Authenticating Agent must be acceptable to the Seller
and the Master Servicer and must be a corporation organized and doing business
under the laws of the United States of America or of any state, having a
principal office and place of business in a state and city acceptable to the
Seller and the Master Servicer, having a combined capital and surplus of at
least $15,000,000, authorized under such laws to do a trust business and subject
to supervision or examination by federal or state authorities.
Any corporation into which the Authenticating Agent may be merged or
converted or with which it may be consolidated, or any corporation resulting
from any merger, conversion or consolidation to which the Authenticating Agent
shall be a party, or any corporation succeeding to the corporate agency business
of the Authenticating Agent, shall be the Authenticating Agent without the
execution or filing of any paper or any further act on the part of the Trustee
or the Authenticating Agent.
The Authenticating Agent may at any time resign by giving at least 30 days'
advance written notice of resignation to the Trustee, the Seller and the Master
Servicer. The Trustee may at any time terminate the agency of the Authenticating
Agent by giving written notice thereof to the Authenticating Agent, the Seller
and the Master Servicer. Upon receiving a notice of resignation or upon such a
termination, or in case at any time the Authenticating Agent shall cease to be
eligible in accordance with the provisions of this Section 8.11, the Trustee
promptly shall appoint a successor Authenticating Agent, which shall be
acceptable to the Master Servicer, and shall give written notice of such
appointment to the Seller, and shall mail notice of such appointment to all
Certificateholders. Any successor Authenticating Agent upon acceptance of its
appointment hereunder shall become vested with all the rights, powers, duties
and responsibilities of its predecessor hereunder, with like effect as if
originally named as Authenticating Agent herein. No successor Authenticating
Agent shall be appointed unless eligible under the provisions of this Section
8.11.
The Authenticating Agent shall have no responsibility or liability for any
action taken by it as such at the direction of the Trustee. Any reasonable
compensation paid to the Authenticating Agent shall be a reimbursable expense
under Section 8.06.
SECTION 8.12. SEPARATE TRUSTEES AND CO-TRUSTEES.
The Trustee shall have the power from time to time to appoint one or more
persons or corporations to act either as co-trustees jointly with the Trustee,
or as separate trustees, for the purpose of holding title to, foreclosing or
otherwise taking action with respect to any Mortgage Loan outside the state
where the Trustee has its principal place of business, where such separate
trustee or co-trustee is necessary or advisable (or the Trustee is advised by
the Master Servicer that such separate trustee or co-trustee is necessary or
advisable) under the laws of any state in which a Mortgaged Property is located
or for the purpose of otherwise conforming to any legal requirement, restriction
or condition in any state in which a Mortgaged Property is located or in any
state in which any portion of the Trust Estate is located. The Master Servicer
shall advise the Trustee when, in its good faith opinion, a separate trustee or
co-trustee is necessary or advisable as aforesaid. The separate trustees or
co-trustees so appointed shall be trustees for the benefit of all of the
Certificateholders and shall have such powers, rights and remedies as shall be
specified in the instrument of appointment; provided, however, that no such
appointment shall, or shall be deemed to, constitute the appointee an agent of
the Trustee. The Seller and the Master Servicer shall join in any such
appointment, but such joining shall not be necessary for the effectiveness of
such appointment.
Every separate trustee and co-trustee shall, to the extent permitted by
law, be appointed and act subject to the following provisions and conditions:
(i) all powers, duties, obligations and rights conferred upon the
Trustee, in respect of the receipt, custody and payment of moneys shall be
exercised solely by the Trustee;
(ii) all other rights, powers, duties and obligations conferred or
imposed upon the Trustee shall be conferred or imposed upon and exercised
or performed by the Trustee and such separate trustee or co-trustee
jointly, except to the extent that under any law of any jurisdiction in
which any particular act or acts are to be performed (whether as Trustee
hereunder or as successor to the Master Servicer hereunder) the Trustee
shall be incompetent or unqualified to perform such act or acts, in which
event such rights, powers, duties and obligations (including the holding of
title to the Trust Estate or any portion thereof in any such jurisdiction)
shall be exercised and performed by such separate trustee or co-trustee;
(iii) no separate trustee or co-trustee hereunder shall be personally
liable by reason of any act or omission of any other separate trustee or
co-trustee hereunder; and
(iv) the Trustee may at any time accept the resignation of or remove
any separate trustee or co-trustee so appointed by it, if such resignation
or removal does not violate the other terms of this Agreement.
Any notice, request or other writing given to the Trustee shall be deemed
to have been given to each of the then separate trustees and co-trustees, as
effectively as if given to each of them. Every instrument appointing any
separate trustee, co-trustee, or custodian shall refer to this Agreement and the
conditions of this Article. Each separate trustee and co-trustee, upon its
acceptance of the trusts conferred, shall be vested with the estates or property
specified in its instrument of appointment, either jointly with the Trustee, or
separately, as may be provided therein, subject to all the provisions of this
Agreement, specifically including every provision of this Agreement relating to
the conduct of, affecting the liability of, or affording protection to, the
Trustee. Every such instrument shall be furnished to the Trustee.
Any separate trustee, co-trustee, or custodian may, at any time, constitute
the Trustee, its agent or attorney-in-fact, with full power and authority, to
the extent not prohibited by law, to do any lawful act under or in respect of
this Agreement on its behalf and in its name. If any separate trustee or
co-trustee shall die, become incapable of acting, resign or be removed, all of
its estates, properties, rights, remedies and trusts shall vest in and be
exercised by the Trustee to the extent permitted by law, without the appointment
of a new or successor trustee.
No separate trustee or co-trustee hereunder shall be required to meet the
terms of eligibility as a successor trustee under Section 8.07 hereunder and no
notice to Certificateholders of the appointment thereof shall be required under
Section 8.09 hereof.
The Trustee agrees to instruct its co-trustees, if any, to the extent
necessary to fulfill such entity's obligations hereunder.
The Master Servicer shall pay the reasonable compensation of the
co-trustees to the extent, and in accordance with the standards, specified in
Section 8.06 hereof.
SECTION 8.13. APPOINTMENT OF CUSTODIANS.
The Trustee may at any time on or after the Closing Date, with the consent
of the Master Servicer and the Seller, appoint one or more Custodians to hold
all or a portion of the Owner Mortgage Loan Files as agent for the Trustee, by
entering into a Custodial Agreement. Subject to this Article VIII, the Trustee
agrees to comply with the terms of each Custodial Agreement and to enforce the
terms and provisions thereof against the Custodian for the benefit of the
Certificateholders. Each Custodian shall be a depository institution subject to
supervision by federal or state authority, shall have a combined capital and
surplus of at least $10,000,000 and shall be qualified to do business in the
jurisdiction in which it holds any Owner Mortgage Loan File. Each Custodial
Agreement may be amended only as provided in Section 10.01(a).
SECTION 8.14. TAX MATTERS; COMPLIANCE WITH REMIC PROVISIONS.
(a) Each of the Trustee and the Master Servicer covenants and agrees that
it shall perform its duties hereunder in a manner consistent with the REMIC
Provisions and shall not knowingly take any action or fail to take any action
that would (i) affect the determination of the Trust Estate's status as two
separate REMICs; or (ii) cause the imposition of any federal, state or local
income, prohibited transaction, contribution or other tax on either the
Upper-Tier REMIC, the Lower-Tier REMIC or the Trust Estate. The Master Servicer,
or, in the case of any tax return or other action required by law to be
performed directly by the Trustee, the Trustee, shall (i) prepare or cause to be
prepared, timely cause to be signed by the Trustee and file or cause to be filed
annual federal and applicable state and local income tax returns for each of the
Upper-Tier REMIC and the Lower-Tier REMIC using a calendar year as the taxable
year and the accrual method of accounting; (ii) in the first such federal tax
returns, make, or cause to be made, elections satisfying the requirements of the
REMIC Provisions, on behalf of the Trust Estate, to treat each of the Upper-Tier
REMIC and the Lower-Tier REMIC as a REMIC; (iii) prepare, execute and forward,
or cause to be prepared, executed and forwarded, to the Certificateholders all
information reports or tax returns required with respect to the Trust Estate, as
and when required to be provided to the Certificateholders, and to the Internal
Revenue Service and any other relevant governmental taxing authority in
accordance with the REMIC Provisions and any other applicable federal, state or
local laws, including without limitation information reports relating to
"original issue discount" and "market discount" as defined in the Code based
upon the issue prices, prepayment assumption and cash flows provided by the
Seller to the Trustee and calculated on a monthly basis by using the issue
prices of the Certificates; (iv) make available information necessary for the
application of any tax imposed on transferors of residual interests to
"disqualified organizations" (as defined in the REMIC Provisions); (v) file Form
8811 and apply for an Employee Identification Number with a Form SS-4 or any
other permissible method and respond to inquiries by Certificateholders or their
nominees concerning information returns, reports or tax returns; (vi) maintain
(or cause to be maintained by the Servicers) such records relating to the
Upper-Tier REMIC and the Lower-Tier REMIC, including but not limited to the
income, expenses, individual Mortgage Loans (including REO Mortgage Loans, other
assets and liabilities of each REMIC, and the fair market value and adjusted
basis of the property of each REMIC determined at such intervals as may be
required by the Code, as may be necessary to prepare the foregoing returns or
information reports; (vii) exercise reasonable care not to allow the creation of
any "interests" in either the Upper-Tier REMIC or the Lower-Tier REMIC within
the meaning of Code Section 860D(a)(2) other than the interests in the
Upper-Tier REMIC represented by 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 A-11,
Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class
A-18, Class A-19, Class A-20, Class A-PO and Class A-R Certificates, the Class
B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates and
the interests in the Lower-Tier REMIC represented by the Class A-L1, Class A-L4,
Class A-L6, Class A-L10, Class A-L11, Class A-L17, Class A-LPO, Class A-LUR,
Class B-L1, Class B-L2, Class B-L3, Class B-L4, Class B-L5 and Class B-L6
Interests and the Class A-LR Certificate; (viii) exercise reasonable care not to
allow the occurrence of any "prohibited transactions" within the meaning of Code
Section 860F(a), unless the Master Servicer shall have provided an Opinion of
Counsel to the Trustee that such occurrence would not (a) result in a taxable
gain, (b) otherwise subject either the Upper-Tier REMIC or Lower-Tier REMIC or
the Trust Estate to tax or (c) cause the Trust Estate to fail to qualify as two
separate REMICs; (ix) exercise reasonable care not to allow either the
Upper-Tier REMIC or the Lower-Tier REMIC to receive income from the performance
of services or from assets not permitted under the REMIC Provisions to be held
by a REMIC; (x) pay (on behalf of the Upper-Tier REMIC or the Lower-Tier REMIC)
the amount of any federal income tax, including, without limitation, prohibited
transaction taxes, taxes on net income from foreclosure property, and taxes on
certain contributions to a REMIC after the Startup Day, imposed on the
Upper-Tier REMIC or Lower-Tier REMIC, as the case may be, when and as the same
shall be due and payable (but such obligation shall not prevent the Master
Servicer or any other appropriate Person from contesting any such tax in
appropriate proceedings and shall not prevent the Master Servicer from
withholding or depositing payment of such tax, if permitted by law, pending the
outcome of such proceedings); and (xi) if required or permitted by the Code and
applicable law, act as "tax matters person" for the Upper-Tier REMIC or the
Lower-Tier REMIC within the meaning of Treasury Regulations Section 1.860F-4(d),
and the Master Servicer is hereby designated as agent of the Class A-R and Class
A-LR Certificateholders for such purpose (or if the Master Servicer is not so
permitted, the Holders of the Class A-R and Class A-LR Certificates shall be tax
matters persons in accordance with the REMIC Provisions). The Master Servicer
shall be entitled to be reimbursed pursuant to Section 3.02 for any taxes paid
by it pursuant to clause (x) of the preceding sentence, except to the extent
that such taxes are imposed as a result of the bad faith, willful misfeasance or
gross negligence of the Master Servicer in the performance of its obligations
hereunder. The Trustee shall sign the tax returns referred to in clause (i) of
the second preceding sentence.
In order to enable the Master Servicer or the Trustee, as the case may be,
to perform its duties as set forth above, the Seller shall provide, or cause to
be provided, to the Master Servicer within ten days after the Closing Date all
information or data that the Master Servicer determines to be relevant for tax
purposes to the valuations and offering prices of the Certificates, including,
without limitation, the price, yield, prepayment assumption and projected cash
flows of each Class of Certificates and the Mortgage Loans in the aggregate.
Thereafter, the Seller shall provide to the Master Servicer or the Trustee, as
the case may be, promptly upon request therefor, any such additional information
or data that the Master Servicer or the Trustee, as the case may be, may from
time to time, request in order to enable the Master Servicer to perform its
duties as set forth above. The Seller hereby indemnifies the Master Servicer and
the Trustee for any losses, liabilities, damages, claims or expenses of the
Master Servicer or the Trustee arising from any errors or miscalculations by the
Master Servicer or the Trustee pursuant to this Section that result from any
failure of the Seller to provide, or to cause to be provided, accurate
information or data to the Master Servicer or the Trustee, as the case may be,
on a timely basis. The Master Servicer hereby indemnifies the Seller and the
Trustee for any losses, liabilities, damages, claims or expenses of the Seller
or the Trustee arising from the Master Servicer's willful misfeasance, bad faith
or gross negligence in preparing any of the federal, state and local tax returns
of the Upper-Tier REMIC and Lower-Tier REMIC as described above. In the event
that the Trustee prepares any of the federal, state and local tax returns of the
Upper-Tier REMIC or Lower-Tier REMIC as described above, the Trustee hereby
indemnifies the Seller and the Master Servicer for any losses, liabilities,
damages, claims or expenses of the Seller or the Master Servicer arising from
the Trustee's willful misfeasance, bad faith or negligence in connection with
such preparation.
(b) Notwithstanding anything in this Agreement to the contrary, each of the
Master Servicer and the Trustee shall pay from its own funds, without any right
of reimbursement therefor, the amount of any costs, liabilities and expenses
incurred by the Trust Estate (including, without limitation, any and all
federal, state or local taxes, including taxes imposed on "prohibited
transactions" within the meaning of the REMIC Provisions) if and to the extent
that such costs, liabilities and expenses arise from a failure of the Master
Servicer or the Trustee to perform its obligations under this Section 8.14.
SECTION 8.15. MONTHLY ADVANCES.
In the event that Norwest Mortgage fails to make a Periodic Advance
required to be made pursuant to the Norwest Servicing Agreement on or before the
Distribution Date, the Trustee shall make a Periodic Advance as required by
Section 3.03 hereof; provided, however, the Trustee shall not be required to
make such Periodic Advances if prohibited by law or if it determines that such
Periodic Advance would be a Nonrecoverable Advance. With respect to those
Periodic Advances which should have been made by Norwest Mortgage, the Trustee
shall be entitled, pursuant to Section 3.02(a)(i), (ii) or (v) hereof, to be
reimbursed from the Certificate Account for Periodic Advances and Nonrecoverable
Advances made by it.
SECTION 8.16. TRUSTEE COVENANTS CONCERNING YEAR 2000 COMPLIANCE.
The Trustee covenants that it is working to modify its computer and other
systems used in the performance of its duties as trustee for the Certificates to
operate in a manner such that, on and after January 1, 2000, the Trustee can
perform its duties in accordance with the terms of this Agreement.
<PAGE>
ARTICLE IX
TERMINATION
SECTION 9.01. TERMINATION UPON PURCHASE BY THE
SELLER OR LIQUIDATION OF ALL MORTGAGE LOANS.
Subject to Section 9.02, the respective obligations and responsibilities of
the Seller, the Master Servicer and the Trustee created hereby (other than the
obligation of the Trustee to make certain payments after the Final Distribution
Date to Certificateholders and the obligation of the Master Servicer to send
certain notices as hereinafter set forth and the tax reporting obligations under
Sections 4.05 and 8.14 hereof) shall terminate upon the last action required to
be taken by the Trustee on the Final Distribution Date pursuant to this Article
IX following the earlier of (i) the purchase by the Seller of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Estate at a price equal to the sum of (x) 100% of the unpaid principal balance
of each Mortgage Loan (other than any REO Mortgage Loan) as of the Final
Distribution Date, and (y) the fair market value of the Mortgaged Property
related to any REO Mortgage Loan (as determined by the Master Servicer as of the
close of business on the third Business Day next preceding the date upon which
notice of any such termination is furnished to Certificateholders pursuant to
the third paragraph of this Section 9.01), plus any accrued and unpaid interest
through the last day of the month preceding the month of such purchase at the
applicable Mortgage Interest Rate less any Fixed Retained Yield on each Mortgage
Loan (including any REO Mortgage Loan) and (ii) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Estate (including for this purpose the discharge of any
Mortgagor under a defaulted Mortgage Loan on which a Servicer is not obligated
to foreclose due to environmental impairment) or the disposition of all property
acquired upon foreclosure or deed in lieu of foreclosure of any Mortgage Loan;
provided, however, that in no event shall the trust created hereby continue
beyond the expiration of 21 years from the death of the last survivor of the
descendants of Joseph P. Kennedy, the late ambassador of the United States to
the Court of St. James, living on the date hereof.
The right of the Seller to purchase all the assets of the Trust Estate
pursuant to clause (i) of the preceding paragraph are subject to Section 9.02
and conditioned upon the Pool Scheduled Principal Balance of the Mortgage Loans
as of the Final Distribution Date being less than the amount set forth in
Section 11.22. In the case of any purchase by the Seller pursuant to said clause
(i), the Seller shall provide to the Trustee the certification required by
Section 3.04 and the Trustee and the Custodian shall, promptly following payment
of the purchase price, release to the Seller the Owner Mortgage Loan Files
pertaining to the Mortgage Loans being purchased.
Notice of any termination, specifying the Final Distribution Date (which
shall be a date that would otherwise be a Distribution Date) upon which the
Certificateholders may surrender their Certificates to the Trustee for payment
of the final distribution and cancellation, shall be given promptly by the
Master Servicer (if it is exercising its right to purchase the assets of the
Trust Estate) or by the Trustee (in any other case) by letter to
Certificateholders mailed not earlier than the 15th day of the month preceding
the month of such final distribution and not later than the twentieth day of the
month of such final distribution specifying (A) the Final Distribution Date upon
which final payment of the Certificates will be made upon presentation and
surrender of Certificates at the office or agency of the Trustee therein
designated, (B) the amount of any such final payment and (C) that the Record
Date otherwise applicable to such Distribution Date is not applicable, payments
being made (except in the case of any Class A Certificate surrendered on a prior
Distribution Date pursuant to Section 4.01) only upon presentation and surrender
of the Certificates at the office or agency of the Trustee therein specified. If
the Master Servicer is obligated to give notice to Certificateholders as
aforesaid, it shall give such notice to the Trustee and the Certificate
Registrar at the time such notice is given to Certificateholders. In the event
such notice is given by the Master Servicer, the Master Servicer shall deposit
in the Certificate Account on or before the Final Distribution Date in
immediately available funds an amount equal to the purchase price for the assets
of the Trust Estate computed as above provided. Failure to give notice of
termination as described herein shall not entitle a Certificateholder to any
interest beyond the interest payable on the Final Distribution Date.
Upon presentation and surrender of the Certificates, the Trustee shall
cause to be distributed to Certificateholders on the Final Distribution Date in
proportion to their respective Percentage Interests an amount equal to (i) as to
the Classes of Class A Certificates, the respective Principal Balance together
with any related Class A Unpaid Interest Shortfall and one month's interest in
an amount equal to the respective Interest Accrual Amount, (ii) as to the
Classes of Class B Certificates, the respective Principal Balance together with
any related Class B Unpaid Interest Shortfall and one month's interest in an
amount equal to the respective Interest Accrual Amount and (iii) as to the Class
A-R and Class A-LR Certificates, the amounts, if any, which remain on deposit in
the Upper-Tier Certificate Account and the Certificate Account, respectively
(other than amounts retained to meet claims) after application pursuant to
clauses (i), (ii) and (iii) above and payment to the Master Servicer of any
amounts it is entitled as reimbursement or otherwise hereunder. Such amount
shall be distributed in respect of interest and principal in respect of the
Uncertificated Lower-Tier Interests in the same amounts as distributed to their
Corresponding Upper-Tier Class or Classes in the manner specified in Section
4.01(a)(ii). Notwithstanding the foregoing, if the price paid pursuant to clause
(i) of the first paragraph of this Section 9.01, after reimbursement to the
Servicers, the Master Servicer and the Trustee of any Periodic Advances, is
insufficient to pay in full the amounts set forth in clauses (i), (ii) and (iii)
of this paragraph, then any shortfall in the amount available for distribution
to Certificateholders shall be allocated in reduction of the amounts otherwise
distributable on the Final Distribution Date in the same manner as Realized
Losses are allocated pursuant to Sections 4.02(b) and 4.02(g) hereof. Such
distribution on the Final Distribution Date shall be in lieu of the distribution
otherwise required to be made on such Distribution Date in respect of each Class
of Certificates.
In the event that all of the Certificateholders shall not surrender their
Certificates for final payment and cancellation within three months following
the Final Distribution Date, the Trustee shall on such date cause all funds, if
any, in the Certificate Account not distributed in final distribution to
Certificateholders to be withdrawn therefrom and credited to the remaining
Certificateholders by depositing such funds in a separate escrow account for the
benefit of such Certificateholders, and the Master Servicer (if it exercised its
right to purchase the assets of the Trust Estate) or the Trustee (in any other
case) shall give a second written notice to the remaining Certificateholders to
surrender their Certificates for cancellation and receive the final distribution
with respect thereto. If within three months after the second notice all the
Certificates shall not have been surrendered for cancellation, the Trustee may
take appropriate steps, or may appoint an agent to take appropriate steps, to
contact the remaining Certificateholders concerning surrender of their
Certificates, and the cost thereof shall be paid out of the funds on deposit in
such escrow account.
SECTION 9.02. ADDITIONAL TERMINATION REQUIREMENTS.
In the event of a termination of the Trust Estate upon the exercise by the
Seller of its purchase option as provided in Section 9.01, the Trust Estate
shall be terminated in accordance with the following additional requirements,
unless the Trustee has received an Opinion of Counsel to the effect that any
other manner of termination (i) will constitute a "qualified liquidation" of the
Trust Estate within the meaning of Code Section 860F(a)(4)(A) and (ii) will not
subject either the Upper-Tier REMIC or the Lower-Tier REMIC to federal tax or
cause the Trust Estate to fail to qualify as two separate REMICs at any time
that any Certificates are outstanding:
(i) The notice given by the Master Servicer under Section 9.01 shall
provide that such notice constitutes the adoption of a plan of complete
liquidation of the Upper-Tier REMIC and Lower-Tier REMIC as of the date of
such notice (or, if earlier, the date on which the first such notice is
mailed to Certificateholders). The Master Servicer shall also specify such
date in a statement attached to the final tax returns of the Upper-Tier
REMIC and Lower-Tier REMIC; and
(ii) At or after the time of adoption of such a plan of complete
liquidation and at or prior to the Final Distribution Date, the Trustee
shall sell all of the assets of the Trust Estate to the Seller for cash at
the purchase price specified in Section 9.01 and shall distribute such cash
within 90 days of such adoption in the manner specified in Section 9.01.
<PAGE>
ARTICLE X
MISCELLANEOUS PROVISIONS
SECTION 10.01. AMENDMENT.
(a) This Agreement or any Custodial Agreement may be amended from time to
time by the Seller, the Master Servicer and the Trustee and with respect only to
amendments affecting the rights or obligations of Ambac, with the consent of any
of the Certificateholders, (i) to cure any ambiguity or mistake, (ii) to correct
or supplement any provisions herein or therein which may be inconsistent with
any other provisions herein or therein, (iii) to modify, eliminate or add to any
of its provisions to such extent as shall be necessary to maintain the
qualification of the Trust Estate as two separate REMICs at all times that any
Certificates are outstanding or to avoid or minimize the risk of the imposition
of any federal tax on the Trust Estate, the Upper-Tier REMIC or the Lower-Tier
REMIC pursuant to the Code that would be a claim against the Trust Estate,
provided that (a) the Trustee has received an Opinion of Counsel to the effect
that such action is necessary or desirable to maintain such qualification or to
avoid or minimize the risk of the imposition of any such tax and (b) such action
shall not, as evidenced by such Opinion of Counsel, adversely affect in any
material respect the interests of any Certificateholder, (iv) to change the
timing and/or nature of deposits into the Upper-Tier Certificate Account and
Certificate Account provided that (a) such change shall not, as evidenced by an
Opinion of Counsel, adversely affect in any material respect the interests of
any Certificateholder and (b) such change shall not adversely affect the
then-current rating of the Certificates as evidenced by a letter from each
Rating Agency to such effect (without, in the case of the Class A-7 and Class
A-18 Certificates, giving effect to the guaranty provided by Ambac), (v) to
modify, eliminate or add to the provisions of Section 5.02 or any other
provisions hereof restricting transfer of the Certificates, provided that the
Master Servicer for purposes of Section 5.02 has determined in its sole
discretion that any such modifications to this Agreement will neither adversely
affect the rating on the Certificates nor give rise to a risk that either the
Upper-Tier REMIC or the Lower-Tier REMIC or any of the Certificateholders will
be subject to a tax caused by a transfer to a non-permitted transferee and (vi)
to make any other provisions with respect to matters or questions arising under
this Agreement or such Custodial Agreement which shall not be materially
inconsistent with the provisions of this Agreement, provided that such action
shall not, as evidenced by an Opinion of Counsel, adversely affect in any
material respect the interests of any Certificateholder.
This Agreement or any Custodial Agreement may also be amended from time to
time by the Seller, the Master Servicer and the Trustee with the consent of
Ambac (only with respect to amendments affecting the rights or obligations of
Ambac) and the Holders of Certificates evidencing in the aggregate not less than
66-2/3% of the aggregate Voting Interests of each Class of Certificates affected
thereby for the purpose of adding any provisions to or changing in any manner or
eliminating any of the provisions of this Agreement or such Custodial Agreement
or of modifying in any manner the rights of the Holders of Certificates of such
Class; provided, however, that no such amendment shall (i) reduce in any manner
the amount of, or delay the timing of, payments received on Mortgage Loans which
are required to be distributed on any Certificate without the consent of the
Holder of such Certificate, (ii) adversely affect in any material respect the
interest of the Holders of Certificates of any Class in a manner other than as
described in clause (i) hereof without the consent of Holders of Certificates of
such Class evidencing, as to such Class, Voting Interests aggregating not less
than 66-2/3% or (iii) reduce the aforesaid percentage of Certificates of any
Class the Holders of which are required to consent to any such amendment,
without the consent of the Holders of all Certificates of such Class then
outstanding.
Notwithstanding any contrary provision of this Agreement, the Trustee shall
not consent to any amendment to this Agreement unless it shall have first
received an Opinion of Counsel to the effect that such amendment will not
subject either the Upper-Tier REMIC or the Lower-Tier REMIC to tax or cause
either the Upper-Tier REMIC or the Lower-Tier REMIC to fail to qualify as a
REMIC at any time that any Certificates are outstanding.
Promptly after the execution of any amendment requiring the consent of
Certificateholders, the Trustee shall furnish written notification of the
substance of such amendment to each Certificateholder.
It shall not be necessary for the consent of Certificateholders under this
Section 10.01(a) to approve the particular form of any proposed amendment, but
it shall be sufficient if such consent shall approve the substance thereof. The
manner of obtaining such consents and of evidencing the authorization of the
execution thereof by Certificateholders shall be subject to such reasonable
regulations as the Trustee may prescribe.
(b) Notwithstanding any contrary provision of this Agreement, the Master
Servicer may, from time to time, amend Schedule I hereto without the consent of
any Certificateholder, the Trustee or Ambac; provided, however, (i) that such
amendment does not conflict with any provisions of the related Servicing
Agreement, (ii) that the related Servicing Agreement provides for the remittance
of each type of Unscheduled Principal Receipts received by such Servicer during
the Applicable Unscheduled Principal Receipt Period (as so amended) related to
each Distribution Date to the Master Servicer no later than the 24th day of the
month in which such Distribution Date occurs and (iii) that such amendment is
for the purpose of:
(i) changing the Applicable Unscheduled Principal Receipt Period for
Exhibit F-1 Mortgage Loans to a Mid-Month Receipt Period with respect to
all Unscheduled Principal Receipts; or
(ii) changing the Applicable Unscheduled Principal Receipt Period for
all Mortgage Loans serviced by any Servicer to a Mid-Month Receipt Period
with respect to Full Unscheduled Principal Receipts and to a Prior Month
Receipt Period with respect to Partial Unscheduled Principal Receipts.
A copy of any amendment to Schedule I pursuant to this Section
10.01(b) shall be promptly forwarded to the Trustee.
SECTION 10.02. RECORDATION OF AGREEMENT.
This Agreement (or an abstract hereof, if acceptable to the applicable
recording office) is subject to recordation in all appropriate public offices
for real property records in all the towns or other comparable jurisdictions in
which any or all of the Mortgaged Properties are situated, and in any other
appropriate public office or elsewhere, such recordation to be effected by the
Master Servicer and at its expense on direction by the Trustee, but only upon
direction accompanied by an Opinion of Counsel to the effect that such
recordation materially and beneficially affects the interests of the
Certificateholders.
For the purpose of facilitating the recordation of this Agreement as herein
provided and for other purposes, this Agreement may be executed simultaneously
in any number of counterparts, each of which counterparts shall be deemed to be
an original, and such counterparts shall constitute but one and the same
instrument.
SECTION 10.03. LIMITATION ON RIGHTS OF CERTIFICATEHOLDERS.
The death or incapacity of any Certificateholder shall not operate to
terminate this Agreement or the Trust Estate, nor entitle such
Certificateholder's legal representatives or heirs to claim an accounting or
take any action or proceeding in any court for a partition or winding up of the
Trust Estate, nor otherwise affect the rights, obligations and liabilities of
the parties hereto or any of them.
Except as otherwise expressly provided herein, no Certificateholder, solely
by virtue of its status as a Certificateholder, shall have any right to vote or
in any manner otherwise control the operation and management of the Trust
Estate, or the obligations of the parties hereto, nor shall anything herein set
forth, or contained in the terms of the Certificates, be construed so as to
constitute the Certificateholders from time to time as partners or members of an
association, nor shall any Certificateholder be under any liability to any third
person by reason of any action taken by the parties to this Agreement pursuant
to any provision hereof.
No Certificateholder, solely by virtue of its status as Certificateholder,
shall have any right by virtue or by availing of any provision of this Agreement
to institute any suit, action or proceeding in equity or at law upon or under or
with respect to this Agreement, unless such Holder previously shall have given
to the Trustee a written notice of default and of the continuance thereof, as
hereinbefore provided, and unless also the Holders of Certificates evidencing
not less than 25% of the Voting Interest represented by all Certificates shall
have made written request upon the Trustee to institute such action, suit or
proceeding in its own name as Trustee hereunder and shall have offered to the
Trustee such reasonable indemnity as it may require against the cost, expenses
and liabilities to be incurred therein or thereby, and the Trustee, for 60 days
after its receipt of such notice, request and offer of indemnity, shall have
neglected or refused to institute any such action, suit or proceeding; it being
understood and intended, and being expressly covenanted by each
Certificateholder with every other Certificateholder and the Trustee, that no
one or more Holders of Certificates shall have any right in any manner whatever
by virtue or by availing of any provision of this Agreement to affect, disturb
or prejudice the rights of the Holders of any other of such Certificates, or to
obtain or seek to obtain priority over or preference to any other such Holder,
or to enforce any right under this Agreement, except in the manner herein
provided and for the benefit of all Certificateholders. For the protection and
enforcement of the provisions of this Section, each and every Certificateholder
and the Trustee shall be entitled to such relief as can be given either at law
or in equity.
SECTION 10.04. GOVERNING LAW; JURISDICTION.
This Agreement shall be construed in accordance with the laws of the State
of New York (without regard to conflicts of laws principles), and the
obligations, rights and remedies of the parties hereunder shall be determined in
accordance with such laws.
SECTION 10.05. NOTICES.
All demands, notices and communications hereunder shall be in writing and
shall be deemed to have been duly given if personally delivered at or mailed by
certified or registered mail, return receipt requested (i) in the case of the
Seller, to Norwest Asset Securities Corporation, 7485 New Horizon Way,
Frederick, Maryland 21703, Attention: Chief Executive Officer, or such other
address as may hereafter be furnished to the Master Servicer and the Trustee in
writing by the Seller, (ii) in the case of the Master Servicer, to Norwest Bank
Minnesota, National Association, 7485 New Horizon Way, Frederick, Maryland
21703, Attention: Vice President or such other address as may hereafter be
furnished to the Seller and the Trustee in writing by the Master Servicer, (iii)
in the case of the Trustee, to the Corporate Trust Office, or such other address
as may hereafter be furnished to the Seller and the Master Servicer in writing
by the Trustee, in each case Attention: Corporate Trust Department and (iv) in
the case of Ambac, to Ambac Corporation, 1 State Street Plaza, New York, New
York, 10004, Attention: Structured Finance Department; Confirmation:
212-668-0340; Telecopy: 212-363-1459 (in each case in which notice or other
communication to Ambac refers to an Event of Default or a claim under the policy
or with respect to which failure on the part of Ambac to respond shall be deemed
to constitute consent or acceptance, then a copy of such notice or other
communication should also be sent to the attention of the General Counsel and
shall be marked to indicate "URGENT MATERIAL ENCLOSED"). Any notice required or
permitted to be mailed to a Certificateholder shall be given by first class
mail, postage prepaid, at the address of such Holder as shown in the Certificate
Register. Any notice mailed or transmitted within the time prescribed in this
Agreement shall be conclusively presumed to have been duly given, whether or not
the addressee receives such notice, provided, however, that any demand, notice
or communication to or upon the Seller, the Master Servicer, or the Trustee
shall not be effective until received.
For all purposes of this Agreement, in the absence of actual knowledge by
an officer of the Master Servicer, the Master Servicer shall not be deemed to
have knowledge of any act or failure to act of any Servicer unless notified
thereof in writing by the Trustee, such Servicer or a Certificateholder.
SECTION 10.06. SEVERABILITY OF PROVISIONS.
If any one or more of the covenants, agreements, provisions or terms of
this Agreement shall be for any reason whatsoever held invalid, then such
covenants, agreements, provisions or terms shall be deemed severable from the
remaining covenants, agreements, provisions or terms of this Agreement and shall
in no way affect the validity or enforceability of the other provisions of this
Agreement or of the Certificates or the rights of the Holders thereof.
SECTION 10.07. SPECIAL NOTICES TO RATING AGENCIES AND AMBAC.
(a) The Trustee shall give prompt notice to each Rating Agency and Ambac of
the occurrence of any of the following events of which it has notice:
(i) any amendment to this Agreement pursuant to Section 10.01(a);
(ii) any sale or transfer of the Class B Certificates pursuant to
Section 5.02 to an affiliate of the Seller;
(iii) any assignment by the Master Servicer of its rights and
delegation of its duties pursuant to Section 6.06;
(iv) any resignation of the Master Servicer pursuant to Section 6.04;
(v) the occurrence of any of the Events of Default described in
Section 7.01;
(vi) any notice of termination given to the Master Servicer pursuant
to Section 7.01;
(vii) the appointment of any successor to the Master Servicer pursuant
to Section 7.05; or
(viii) the making of a final payment pursuant to Section 9.01.
(b) The Master Servicer shall give prompt notice to each Rating Agency and
Ambac of the occurrence of any of the following events:
(i) the appointment of a Custodian pursuant to Section 2.02;
(ii) the resignation or removal of the Trustee pursuant to Section
8.08;
(iii) the appointment of a successor trustee pursuant to Section 8.09;
or
(iv) the sale, transfer or other disposition in a single transaction
of 50% or more of the equity interests in the Master Servicer.
(c) The Master Servicer shall deliver to each Rating Agency:
(i) reports prepared pursuant to Section 3.05; and
(ii) statements prepared pursuant to Section 4.04.
SECTION 10.08. COVENANT OF SELLER.
The Seller shall not amend Article Third of its Certificate of
Incorporation without the prior written consent of each Rating Agency rating the
Certificates.
SECTION 10.09. RECHARACTERIZATION.
The Parties intend the conveyance by the Seller to the Trustee of all of
its right, title and interest in and to the Mortgage Loans pursuant to this
Agreement to constitute a purchase and sale and not a loan. Notwithstanding the
foregoing, to the extent that such conveyance is held not to constitute a sale
under applicable law, it is intended that this Agreement shall constitute a
security agreement under applicable law and that the Seller shall be deemed to
have granted to the Trustee a first priority security interest in all of the
Seller's right, title and interest in and to the Mortgage Loans.
<PAGE>
ARTICLE XI
TERMS FOR CERTIFICATES
SECTION 11.01. CLASS A FIXED PASS-THROUGH RATE.
The Class A Fixed Pass-Through Rate is 6.750% per annum.
SECTION 11.02. CUT-OFF DATE.
The Cut-Off Date for the Certificates is July 1, 1999.
SECTION 11.03. CUT-OFF DATE AGGREGATE PRINCIPAL BALANCE.
The Cut-Off Date Aggregate Principal Balance is $850,091,486.24.
SECTION 11.04. ORIGINAL CLASS A PERCENTAGE.
The Original Class A Percentage 95.97278930%.
SECTION 11.05. ORIGINAL PRINCIPAL BALANCES OF THE CLASSES OF
CLASS A CERTIFICATES.
As to the following Classes of Class A Certificates, the Principal Balance
of such Class as of the Cut-Off Date, as follows:
ORIGINAL
CLASS PRINCIPAL BALANCE
----- -----------------
Class A-1 $141,870,523.00
Class A-2 $ 92,795,000.00
Class A-3 $ 19,916,393.00
Class A-4 $ 50,058,101.00
Class A-5 $ 80,962,458.00
Class A-6 $ 8,196,722.00
Class A-7 $ 20,000,000.00
Class A-8 $ 80,852,875.00
Class A-9 $ 24,981,882.00
Class A-10 $ 1,850,510.00
Class A-11 $ 5,000,000.00
Class A-12 $ 52,055,678.00
Class A-13 $ 93,125,000.00
Class A-14 $ 44,170,000.00
Class A-15 $ 13,226,158.00
Class A-16 $ 10,000,000.00
Class A-18 $ 16,109,600.00
Class A-19 $ 15,035,000.00
Class A-20 $ 40,155,000.00
Class A-PO $ 5,726,113.62
Class A-R $ 50.00
Class A-LR $ 50.00
SECTION 11.06. ORIGINAL CLASS A-17 NOTIONAL AMOUNT.
The Original Class A-17 Notional Amount is $16,109,600.00.
SECTION 11.07. ORIGINAL CLASS A NON-PO PRINCIPAL BALANCE.
The Original Class A Non-PO Principal Balance is $810,361,000.00.
SECTION 11.08. ORIGINAL SUBORDINATED PERCENTAGE.
The Original Subordinated Percentage is 4.02721070%.
SECTION 11.09. ORIGINAL CLASS B-1 PERCENTAGE.
The Original Class B-1 Percentage is 2.21491793%.
SECTION 11.10. ORIGINAL CLASS B-2 PERCENTAGE.
The Original Class B-2 Percentage is 0.75512334%
SECTION 11.11. ORIGINAL CLASS B-3 PERCENTAGE.
The Original Class B-3 Percentage is 0.30200196%.
SECTION 11.12. ORIGINAL CLASS B-4 PERCENTAGE.
The Original Class B-4 Percentage is 0.35245406%.
SECTION 11.13. ORIGINAL CLASS B-5 PERCENTAGE.
The Original Class B-5 Percentage is 0.17113445%.
SECTION 11.14. ORIGINAL CLASS B-6 PERCENTAGE.
The Original Class B-6 Percentage is 0.23157897%.
SECTION 11.15. ORIGINAL CLASS B PRINCIPAL BALANCE.
The Original Class B Principal Balance is $34,004,372.62.
SECTION 11.16. ORIGINAL PRINCIPAL BALANCES OF THE CLASSES OF
CLASS B CERTIFICATES.
As to the following Classes of Class B Certificate, the Principal Balance
of such Class as of the Cut-Off Date, is as follows:
ORIGINAL
CLASS PRINCIPAL BALANCE
----- -----------------
Class B-1 $18,702,000.00
Class B-2 $ 6,376,000.00
Class B-3 $ 2,550,000.00
Class B-4 $ 2,976,000.00
Class B-5 $ 1,445,000.00
Class B-6 $ 1,955,372.62
SECTION 11.17. ORIGINAL CLASS B-1 FRACTIONAL INTEREST.
The Original Class B-1 Fractional Interest is 1.81229277%.
SECTION 11.18. ORIGINAL CLASS B-2 FRACTIONAL INTEREST.
The Original Class B-2 Fractional Interest is 1.05716943%.
SECTION 11.19. ORIGINAL CLASS B-3 FRACTIONAL INTEREST.
The Original Class B-3 Fractional Interest is 0.75516746%.
SECTION 11.20. ORIGINAL CLASS B-4 FRACTIONAL INTEREST.
The Original Class B-4 Fractional Interest is 0.40271341%.
SECTION 11.21. ORIGINAL CLASS B-5 FRACTIONAL INTEREST.
The Original Class B-5 Fractional Interest is 0.23157896%.
SECTION 11.22. CLOSING DATE.
The Closing Date is July 29, 1999.
SECTION 11.23. RIGHT TO PURCHASE.
The right of the Seller to purchase all of the Mortgage Loans pursuant to
Section 9.01 hereof shall be conditioned upon the Pool Scheduled Principal
Balance of the Mortgage Loans being less than $85,009,148.62 (10% of the Cut-Off
Date Aggregate Principal Balance) at the time of any such purchase.
SECTION 11.24. WIRE TRANSFER ELIGIBILITY.
With respect to the Class A (other than the Class A-17, Class A-PO, Class
A-R and Class A-LR Certificates) and the Class B Certificates, the minimum
Denomination eligible for wire transfer on each Distribution Date is $500,000.
With respect to the Class A-PO Certificates, the minimum Denomination eligible
for wire transfer on each Distribution Date is 100% Percentage Interest. With
respect to the Class A-17 Certificates, the minimum Denomination eligible for
wire transfer on each Distribution Date is $894,977. The Class A-R and Class
A-LR Certificates are not eligible for wire transfer.
SECTION 11.25. SINGLE CERTIFICATE.
A Single Certificate for each Class of Class A Certificates (other than the
Class A-3, Class A-6, Class A-7, Class A-11, Class A-15, Class A-16, Class A-18,
Class A-19, Class A-20, Class A-PO, Class A-R and Class A-LR Certificates) and
each Class of the Class B Certificates (other than the Class B-4, Class B-5 and
Class B-6 Certificates) represents a $100,000 Denomination. A Single Certificate
for the Class A-17 Certificates represents a $894,977 Denomination. A Single
Certificate for the Class A-9 and Class A-14 Certificates represents a $25,000
Denomination. A Single Certificate for the Class A-3, Class A-6, Class A-7,
Class A-11, Class A-15, Class A-16, Class A-18, Class A-19 and Class A -20
Certificates represents a $1,000 Denomination. A Single Certificate for the
Class A-R and Class A-LR Certificates represents a $50 Denomination. A Single
Certificate for the Class B-4, Class B-5 and Class B-6 Certificates represents a
$250,000 Denomination. A Single Certificate for the Class A-PO Certificates
represents a $5,726,113.62 Denomination.
SECTION 11.26. SERVICING FEE RATE.
The rate used to calculate the Servicing Fee is equal to such rate as is
set forth on the Mortgage Loan Schedule with respect to a Mortgage Loan.
SECTION 11.27. MASTER SERVICING FEE RATE.
The rate used to calculate the Master Servicing Fee for each Mortgage Loan
is 0.017% per annum.
IN WITNESS WHEREOF, the Seller, the Master Servicer and the Trustee have
caused their names to be signed hereto by their respective officers thereunto
duly authorized, all as of the day and year first above written.
NORWEST ASSET SECURITIES CORPORATION,
as Seller
By:____________________________________________
Name: Alan S. McKenney
Title: Vice President
NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION,
as Master Servicer
By:____________________________________________
Name: Nancy E. Burgess
Title: Vice President
FIRST UNION NATIONAL BANK,
as Trustee
By:____________________________________________
Name:
Title:
Attest: _____________________
By: _________________________
Name: _______________________
Title: ______________________
<PAGE>
STATE OF MARYLAND )
ss.:
COUNTY OF FREDERICK )
On this 29th day of July, 1999, before me, a notary public in and for the
State of Maryland, personally appeared Alan S. McKenney, known to me who, being
by me duly sworn, did depose and say that he resides at McLean, Virginia; that
he is a Vice President of Norwest Asset Securities Corporation, a Delaware
corporation, one of the parties that executed the foregoing instrument; and that
he signed his name thereto by order of the Board of Directors of said
corporation.
__________________________
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF MARYLAND )
ss.:
COUNTY OF FREDERICK )
On this 29th day of July, 1999, before me, a notary public in and for the
State of Maryland, personally appeared Nancy E. Burgess, known to me who, being
by me duly sworn, did depose and say that she resides at Frederick, Maryland;
that she is a Vice President of Norwest Bank Minnesota, National Association, a
national banking association, one of the parties that executed the foregoing
instrument; and that she signed her name thereto by order of the Board of
Directors of said corporation.
__________________________
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF NORTH CAROLINA )
ss.:
COUNTY OF )
On this 29th day of July, 1999, before me, a notary public in and for the
State of North Carolina, personally appeared ___________________, known to me
who, being by me duly sworn, did depose and say that s/he resides at
_________________, North Carolina; that s/he is a ____________________ of First
Union National Bank, a national banking association, one of the parties that
executed the foregoing instrument; and that s/he signed his/her name thereto by
order of the Board of Directors of said corporation.
__________________________
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF NORTH CAROLINA )
ss.:
COUNTY OF )
On this 29th day of July, 1999, before me, a notary public in and for the
State of North Carolina, personally appeared _____________________, known to me
who, being by me duly sworn, did depose and say that he resides at
__________________, North Carolina; that he is a _____________________ of First
Union National Bank, a national banking association, one of the parties that
executed the foregoing instrument; and that s/he signed his name thereto by
order of the Board of Directors of said corporation.
__________________________
Notary Public
[NOTARIAL SEAL]
<PAGE>
SCHEDULE I
Norwest Asset Securities Corporation, Mortgage
Pass-Through Certificates, Series 1999-20
Applicable Unscheduled Principal Receipt Period
FULL UNSCHEDULED PARTIAL UNSCHEDULED
SERVICER PRINCIPAL RECEIPTS PRINCIPAL RECEIPTS
- -------- ------------------ ------------------
Norwest Mortgage, Inc. (Exhibit F-1) Prior Month Prior Month
Norwest Mortgage, Inc. (Exhibit F-2) Mid-Month Mid-Month
HomeSide Lending Prior Month Prior Month
SunTrust Mortgage, Inc. Prior Month Prior Month
NOVUS Financial Corporation Prior-Month Prior Month
Merrill Lynch Credit Corporation Mid-Month Prior Month
Hibernia National Bank Mid-Month Prior Month
Bank United Mid-Month Prior Month
FT Mortgage Companies Mid-Month Prior Month
Beverly National Bank Mid-Month Prior Month
The Huntington Mortgage Company Mid-Month Prior Month
Countrywide Home Loans, Inc. Prior Month Prior Month
Marine Midland Mortgage Corporation. Mid Month Prior Month
<PAGE>
EXHIBIT A-1
[FORM OF FACE OF CLASS A-1 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-1
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-1 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-1 Certificates required to be distributed to
Holders of the Class A-1 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-1 Certificates applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-1 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-2
[FORM OF FACE OF CLASS A-2 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-2
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-2 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-2 Certificates required to be distributed to
Holders of the Class A-2 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-2 Certificates applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-2 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-3
[FORM OF FACE OF CLASS A-3 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-3
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-3 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-3 Certificates required to be distributed to
Holders of the Class A-3 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-3 Certificates applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-3 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 91.63438%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 8.44062500%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.94%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.03774087%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-4
[FORM OF FACE OF CLASS A-4 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-4
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-4 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-4 Certificates required to be distributed to
Holders of the Class A-4 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-4 Certificates applicable to each Distribution Date will be 4.000% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-4 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 69.24861%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 30.79583333%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.40%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.08109609%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-5
[FORM OF FACE OF CLASS A-5 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-5
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-5 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-5 Certificates required to be distributed to
Holders of the Class A-5 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-5 Certificates applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-5 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 95.52500%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 4.55000000%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.36%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.01973289%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-6
[FORM OF FACE OF CLASS A-6 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-6
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-6 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-6 Certificates required to be distributed to
Holders of the Class A-6 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-6 Certificates applicable to each Distribution Date will be 7.250% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-6 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-7
[FORM OF FACE OF CLASS A-7 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-7
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR (EXCEPT AS PROVIDED
HEREIN) PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate as of the
Cut-Off Date: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-7 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
Trustee (the "Trustee") a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the amount
of interest to be distributed to Holders of Class A-7 Certificates on such
Distribution Date as specified in the Agreement. Distributions of principal will
be made to the Holders of the Class A-7 Certificates as described below and in
the Agreement. Prior to the Distribution Date, if any, on which Ambac fails to
make a required payment under the Policy, distributions in reduction of the
Principal Balance of this Certificate (including amounts paid in respect of such
losses under the Policy as defined below) will be made only in lots equal to
$1,000 initial principal balance and in accordance with the priorities and
procedures set forth in Section 4.07 of the Agreement (i) at the request of
Deceased Holders (ii) at the request of Living Holders and (iii) by random lot.
On and after such Distribution Date, distributions in reduction of principal
balance will be made as provided in the Agreement. Distributions in reduction of
the Principal Balance of certain Classes of Class A Certificates may not
commence on the first Distribution Date specified above. Distributions of
principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-7 Certificates applicable to each Distribution Date will be 7.000% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-7 Certificates, as described in the Agreement. Any Non-Supported
Interest Shortfall allocated to the Class A-7 Certificates will be covered, to
the extent available, by funds in the Reserve Fund, to the extent described in
the Agreement and then by the Policy described below.
The Class A-7 Certificates will be entitled to the benefits of a
Financial Guaranty Insurance Policy issued by Ambac Assurance Corporation (the
"Policy") to the extent described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By:________________________
Authorized Officer
<PAGE>
EXHIBIT A-8
[FORM OF FACE OF CLASS A-8 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-8
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of Class A-8 Certificates with respect to a Trust
Estate consisting of a pool of fixed interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to four-family residential mortgage loans,
other than the Fixed Retained Yield, if any, with respect thereto, and which may
include loans secured by shares issued by cooperative housing corporations (the
"Mortgage Loans"), formed by Norwest Asset Securities Corporation (hereinafter
called the "Seller", which term includes any successor entity under the
Agreement referred to below). The Trust Estate was created pursuant to a Pooling
and Servicing Agreement dated as of July 29, 1999 (the "Agreement") among the
Seller, Norwest Bank Minnesota, National Association, as master servicer (the
"Master Servicer") and First Union National Bank, as trustee (the "Trustee"), a
summary of certain of the pertinent provisions of which is set forth
hereinafter. To the extent not defined herein, the capitalized terms used herein
have the meanings ascribed to such terms in the Agreement. This Certificate is
issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-8 Certificates required to be distributed to
Holders of Class A-8 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-8 Certificates applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-8 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 98.35313%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 1.72187500%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.30%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.03095202%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-9
[FORM OF FACE OF CLASS A-9 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-9
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of Class A-9 Certificates with respect to a Trust
Estate consisting of a pool of fixed interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to four-family residential mortgage loans,
other than the Fixed Retained Yield, if any, with respect thereto, and which may
include loans secured by shares issued by cooperative housing corporations (the
"Mortgage Loans"), formed by Norwest Asset Securities Corporation (hereinafter
called the "Seller", which term includes any successor entity under the
Agreement referred to below). The Trust Estate was created pursuant to a Pooling
and Servicing Agreement dated as of July 29, 1999 (the "Agreement") among the
Seller, Norwest Bank Minnesota, National Association, as master servicer (the
"Master Servicer") and First Union National Bank, as trustee (the "Trustee"), a
summary of certain of the pertinent provisions of which is set forth
hereinafter. To the extent not defined herein, the capitalized terms used herein
have the meanings ascribed to such terms in the Agreement. This Certificate is
issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-9 Certificates required to be distributed to
Holders of Class A-9 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-9 Certificates applicable to each Distribution Date will be 7.250% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-9 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 98.65764%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 1.42291667%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.55%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.01446615%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-10
[FORM OF FACE OF CLASS A-10 CERTIFICATE]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-10
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-10 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-10 Certificates required to be distributed
to Holders of the Class A-10 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The Class A-10 Certificates
will not be entitled to distributions in respect of interest.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, at an issue price of
65.85377% and a stated redemption price at maturity equal to its initial
principal balance, and is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 34.14622700%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.25%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.34483202%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By:________________________
Authorized Officer
<PAGE>
EXHIBIT A-11
[FORM OF FACE OF CLASS A-11 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-11
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of Class A-11 Certificates with respect to a Trust
Estate consisting of a pool of fixed interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to four-family residential mortgage loans,
other than the Fixed Retained Yield, if any, with respect thereto, and which may
include loans secured by shares issued by cooperative housing corporations (the
"Mortgage Loans"), formed by Norwest Asset Securities Corporation (hereinafter
called the "Seller", which term includes any successor entity under the
Agreement referred to below). The Trust Estate was created pursuant to a Pooling
and Servicing Agreement dated as of July 29, 1999 (the "Agreement") among the
Seller, Norwest Bank Minnesota, National Association, as master servicer (the
"Master Servicer") and First Union National Bank, as trustee (the "Trustee"), a
summary of certain of the pertinent provisions of which is set forth
hereinafter. To the extent not defined herein, the capitalized terms used herein
have the meanings ascribed to such terms in the Agreement. This Certificate is
issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-11 Certificates required to be distributed
to Holders of Class A-11 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-11 Certificates applicable to each Distribution Date will be 7.125% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-11 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-12
[FORM OF FACE OF CLASS A-12 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-12
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-12 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-12 Certificates required to be distributed
to Holders of the Class A-12 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-12 Certificates applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-12 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 98.97812%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 1.09687500%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.17%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.02501752%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-13
[FORM OF FACE OF CLASS A-13 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-13
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-13 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-13 Certificates required to be distributed
to Holders of the Class A-13 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-13 Certificates applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-13 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 98.54063%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 1.53437500%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.15%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.02087148%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-14
[FORM OF FACE OF CLASS A-14 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-14
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-14 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-14 Certificates required to be distributed
to Holders of the Class A-14 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-14 Certificates applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-14 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 97.13438%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 2.94062500%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.35%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.02818679%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-15
[FORM OF FACE OF CLASS A-15 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-15
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-15 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-15 Certificates required to be distributed
to Holders of the Class A-15 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-15 Certificates applicable to each Distribution Date will be 7.125% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-15 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-16
[FORM OF FACE OF CLASS A-16 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-16
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-16 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-16 Certificates required to be distributed
to Holders of the Class A-16 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-16 Certificates applicable to each Distribution Date will be 7.125% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-16 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-17
[FORM OF FACE OF CLASS A-17 CERTIFICATE]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-17
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST IN,
THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND IS
NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY
OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
THE NOTIONAL AMOUNT OF THIS CERTIFICATE WILL BE REDUCED IN THE MANNER
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING
NOTIONAL AMOUNT OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN
THE INITIAL NOTIONAL AMOUNT REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $(Initial Notional
by this Certificate: % Amount)
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-17 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-17 Certificates required to be distributed
to Holders of the Class A-17 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. The Class A-17
Certificates are not entitled to distributions in respect of principal. Interest
will accrue on the Class A-17 Certificates each month in an amount equal to the
product of (i) 1/12th of 6.689% and (ii) the Class A-17 Notional Amount as of
the related Distribution Date. The amount of interest which accrues on this
Certificate in any month will be subject to reduction with respect to any
Non-Supported Interest Shortfall and the interest portion of certain Realized
Losses allocated to the Class A-17 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution on this Certificate
will be made after due notice of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency specified
by the Trustee for that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, at an issue price of
59.02025% of the initial Class A-17 Notional Amount, including accrued interest,
and a stated redemption price at maturity equal to all interest distributions
hereon, and is issued with original issue discount ("OID") for federal income
tax purposes. Assuming that this Certificate pays in accordance with projected
cash flows reflecting the prepayment assumption of 250% SPA (as defined in the
Prospectus Supplement dated July 23, 1999 with respect to the offering of the
Class A (except the Class A-PO Certificates), Class B-1, Class B-2 and Class B-3
Certificates) used to price this Certificate: (i) the amount of OID as a
percentage of the initial Class A-17 Notional Amount is approximately
50.53345157%; (ii) the annual yield to maturity of this Certificate, compounded
monthly, is approximately 8.24%; and (iii) the amount of OID allocable to the
short first accrual period (July 29, 1999 to August 25, 1999) as a percentage of
the initial Class A-17 Notional Amount, calculated using the exact method, is
approximately 0.35121737%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-18
[FORM OF FACE OF CLASS A-18 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-18
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST IN,
THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND IS
NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY
OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR (EXCEPT AS PROVIDED HEREIN)
PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS CERTIFICATE
WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING AGREEMENT.
ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME
MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate as of the
Cut-Off Date: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-18 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
Trustee (the "Trustee") a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the amount
of interest to be distributed to Holders of Class A-18 Certificates on such
Distribution Date as specified in the Agreement. Distributions of principal will
be made to the Holders of the Class A-18 Certificates as described below and in
the Agreement. Prior to the Distribution Date, if any, on which Ambac fails to
make a required payment under the Policy, distributions in reduction of the
Principal Balance of this Certificate (including amounts paid in respect of such
losses under the Policy as defined below) will be made only in lots equal to
$1,000 initial principal balance and in accordance with the priorities and
procedures set forth in Section 4.07 of the Agreement (i) at the request of
Deceased Holders (ii) at the request of Living Holders and (iii) by random lot.
On and after such Distribution Date, distributions in reduction of principal
balance will be made as provided in the Agreement. Distributions in reduction of
the Principal Balance of certain Classes of Class A Certificates may not
commence on the first Distribution Date specified above. Distributions of
principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-18 Certificates applicable to each Distribution Date will be 7.250% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-18 Certificates, as described in the Agreement. Any Non-Supported
Interest Shortfall allocated to the Class A-18 Certificates will be covered, to
the extent available, by funds in the Reserve Fund, to the extent described in
the Agreement and then by the Policy described below.
The Class A-18 Certificates will be entitled to the benefits of a
Financial Guaranty Insurance Policy issued by Ambac Assurance Corporation (the
"Policy") to the extent described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By:________________________
Authorized Officer
<PAGE>
EXHIBIT A-19
[FORM OF FACE OF CLASS A-19 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-19
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-19 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-19 Certificates required to be distributed
to Holders of the Class A-19 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-19 Certificates applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-19 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-20
[FORM OF FACE OF CLASS A-20 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE
& CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN
INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20 CLASS A-20
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-20 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-20 Certificates required to be distributed
to Holders of the Class A-20 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-20 Certificates applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-20 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-PO
[FORM OF FACE OF CLASS A-PO CERTIFICATE]
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE
RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR
IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM REGISTRATION UNDER
SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH
THE PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING AGREEMENT REFERRED
TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO
ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING THAT THE
TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT
SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS
AMENDED ("ERISA") OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS
AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION 3(32) OF
ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A MATERIAL
EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE (COLLECTIVELY,
A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING THE ASSETS OF A PLAN.
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20, CLASS A-PO
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-PO Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-PO Certificates required to be distributed
to Holders of the Class A-PO Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. The Class A-PO
Certificates will not be entitled to distributions in respect of interest.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds.. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
No transfer of a Class A-PO Certificate will be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that such a transfer is desired
to be made by the Holder hereof, (i) the transferee will be required to execute
an investment letter in the form described in the Agreement and (ii) if such
transfer is to be made within three years from the later of (a) the date of
initial issuance of the Certificates or (b) the last date on which the Seller or
any affiliate thereof was a Holder of the Certificates proposed to be
transferred, and unless such transfer is made in reliance on Rule 144A of the
Securities Act of 1933, as amended, the Trustee or the Seller may require the
Holder to deliver an opinion of counsel acceptable to and in form and substance
satisfactory to the Trustee and the Seller that such transfer is exempt
(describing the applicable exemption and the basis therefor) from or is being
made pursuant to the registration requirements of the Securities Act of 1933, as
amended, and of any applicable statute of any state. The Holder hereof desiring
to effect such transfer shall, and does hereby agree to, indemnify the Trustee,
the Seller, the Master Servicer, and any Paying Agent acting on behalf of the
Trustee against any liability that may result if the transfer is not so exempt
or is not made in accordance with such Federal and state laws. In connection
with any such transfer, the Trustee will also require (i) a representation
letter, in the form as described in the Agreement, stating that the transferee
is not a Plan and is not acting on behalf of a Plan or using the assets of a
Plan to effect such purchase or (ii) if such transferee is a Plan, (a) an
opinion of counsel acceptable to and in form and substance satisfactory to the
Trustee and the Seller with respect to certain matters and (b) such other
documentation as the Seller or the Master Servicer may require, as described in
the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, at an issue price of
59.09375% and a stated redemption price at maturity equal to its initial
principal balance, and is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 40.90625000%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 9.61%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.40978825%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-R
[Form of Face of Class A-R Certificate]
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "RESIDUAL INTEREST"
IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G(a)(2) AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE"). A TRANSFEREE OF THIS CERTIFICATE, BY ACCEPTANCE
HEREOF, IS DEEMED TO HAVE ACCEPTED THIS CERTIFICATE SUBJECT TO CERTAIN
RESTRICTIONS ON TRANSFERABILITY, AS SET FORTH IN SECTION 5.02(d) OF THE POOLING
AND SERVICING AGREEMENT, AND SHALL BE REQUIRED TO FURNISH AN AFFIDAVIT TO THE
TRANSFEROR AND THE TRUSTEE TO THE EFFECT THAT, AMONG OTHER THINGS, IT IS NOT A
DISQUALIFIED ORGANIZATION, AS SUCH TERM IS DEFINED IN CODE SECTION 860E(e)(5),
AN AGENT (INCLUDING A BROKER, NOMINEE OR OTHER MIDDLEMAN) FOR A DISQUALIFIED
ORGANIZATION OR A NON-PERMITTED FOREIGN HOLDER, AS DEFINED IN SECTION 5.02(d) OF
THE POOLING AND SERVICING AGREEMENT AND TO HAVE AGREED TO SUCH AMENDMENTS TO THE
POOLING AND SERVICING AGREEMENT AS MAY BE REQUIRED TO FURTHER EFFECTUATE THE
RESTRICTIONS ON TRANSFERS TO DISQUALIFIED ORGANIZATIONS, AGENTS THEREOF OR
NON-PERMITTED FOREIGN HOLDERS.
THE HOLDER OF THIS CLASS A-R CERTIFICATE, BY ACCEPTANCE HEREOF, IS DEEMED TO
HAVE AGREED TO THE DESIGNATION OF THE MASTER SERVICER AS ITS AGENT TO ACT AS
"TAX MATTERS PERSON" OF THE UPPER-TIER REMIC TO PERFORM THE FUNCTIONS OF A "TAX
MATTERS PARTNER" FOR PURPOSES OF SUBCHAPTER C OF CHAPTER 63 OF SUBTITLE F OF THE
CODE, OR, IF SO REQUESTED BY THE MASTER SERVICER, TO ACT AS TAX MATTERS PERSON
OF THE UPPER-TIER REMIC.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY PERSON WHICH IS
AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT TO TITLE I OF
THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR
SECTION 4975 OF THE CODE OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION 3(32) OF
ERISA SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A MATERIAL EXTENT,
SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE (COLLECTIVELY, A
"PLAN"), OR ANY PERSON ACTING ON BEHALF OF OR INVESTING THE ASSETS OF A PLAN.
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20, CLASS A-R
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT __________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holder of the Class A-R Certificate with respect to a Trust
Estate consisting of a pool of fixed interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to four-family residential mortgage loans,
other than the Fixed Retained Yield, if any, with respect thereto, and which may
include loans secured by shares issued by cooperative housing corporations (the
"Mortgage Loans"), formed by Norwest Asset Securities Corporation (hereinafter
called the "Seller", which term includes any successor entity under the
Agreement referred to below). The Trust Estate was created pursuant to a Pooling
and Servicing Agreement dated as of July 29, 1999 (the "Agreement") among the
Seller, Norwest Bank Minnesota, National Association, as master servicer (the
"Master Servicer") and First Union National Bank, as trustee (the "Trustee"), a
summary of certain of the pertinent provisions of which is set forth
hereinafter. To the extent not defined herein, the capitalized terms used herein
have the meanings ascribed to such terms in the Agreement. This Certificate is
issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-R Certificate required to be distributed to
the Holder of the Class A-R Certificate on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-R Certificate applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-R Certificate, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency specified
by the Trustee for that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-LR
[Form of Face of Class A-LR Certificate]
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "RESIDUAL INTEREST"
IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G(a)(2) AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE"). A TRANSFEREE OF THIS CERTIFICATE, BY ACCEPTANCE
HEREOF, IS DEEMED TO HAVE ACCEPTED THIS CERTIFICATE SUBJECT TO CERTAIN
RESTRICTIONS ON TRANSFERABILITY, AS SET FORTH IN SECTION 5.02(d) OF THE POOLING
AND SERVICING AGREEMENT, AND SHALL BE REQUIRED TO FURNISH AN AFFIDAVIT TO THE
TRANSFEROR AND THE TRUSTEE TO THE EFFECT THAT, AMONG OTHER THINGS, IT IS NOT A
DISQUALIFIED ORGANIZATION, AS SUCH TERM IS DEFINED IN CODE SECTION 860E(e)(5),
AN AGENT (INCLUDING A BROKER, NOMINEE OR OTHER MIDDLEMAN) FOR A DISQUALIFIED
ORGANIZATION OR A NON-PERMITTED FOREIGN HOLDER, AS DEFINED IN SECTION 5.02(d) OF
THE POOLING AND SERVICING AGREEMENT AND TO HAVE AGREED TO SUCH AMENDMENTS TO THE
POOLING AND SERVICING AGREEMENT AS MAY BE REQUIRED TO FURTHER EFFECTUATE THE
RESTRICTIONS ON TRANSFERS TO DISQUALIFIED ORGANIZATIONS, AGENTS THEREOF OR
NON-PERMITTED FOREIGN HOLDERS.
THE HOLDER OF THIS CLASS A-LR CERTIFICATE, BY ACCEPTANCE HEREOF, IS DEEMED TO
HAVE AGREED TO THE DESIGNATION OF THE MASTER SERVICER AS ITS AGENT TO ACT AS
"TAX MATTERS PERSON" OF THE LOWER-TIER REMIC TO PERFORM THE FUNCTIONS OF A "TAX
MATTERS PARTNER" FOR PURPOSES OF SUBCHAPTER C OF CHAPTER 63 OF SUBTITLE F OF THE
CODE, OR, IF SO REQUESTED BY THE MASTER SERVICER, TO ACT AS TAX MATTERS PERSON
OF THE LOWER-TIER REMIC.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY PERSON WHICH IS
AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT TO TITLE I OF
THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR
SECTION 4975 OF THE CODE OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION 3(32) OF
ERISA SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A MATERIAL EXTENT,
SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE (COLLECTIVELY, A
"PLAN"), OR ANY PERSON ACTING ON BEHALF OF OR INVESTING THE ASSETS OF A PLAN.
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20, CLASS A-LR
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT __________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holder of the Class A-LR Certificate with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-LR Certificate required to be distributed to
the Holder of the Class A-LR Certificate on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-LR Certificate applicable to each Distribution Date will be 6.750% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-LR Certificate, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency specified
by the Trustee for that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-1
[FORM OF FACE OF CLASS B-1 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A CERTIFICATES
AND AMBAC AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO
ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING EITHER (A)
THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF
1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION
3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A
MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE
(COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING THE ASSETS
OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE POOLING AND
SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS CERTIFICATE
IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20, CLASS B-1
evidencing an interest in a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, which may include loans secured by shares issued by cooperative housing
corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class B-1 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates and Ambac as specified in the
Agreement, any Class B-1 Distribution Amount required to be distributed to
Holders of the Class B-1 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-1 Certificates applicable to each Distribution Date will be
6.750% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-1 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
No transfer of a Class B-1 Certificate will be made unless the
Holder hereof desiring to make any such transfer shall deliver to the Trustee
(i) a representation letter, in the form as described in the Agreement, stating
either (a) that the transferee is not a Plan and is not acting on behalf of a
Plan or using the assets of a Plan to effect such purchase or (b) subject to
certain conditions described in the Agreement, that the source of funds used to
purchase this Certificate is an "insurance company general account," or (ii) if
such transferee is a Plan, (a) an opinion of counsel acceptable to and in form
and substance satisfactory to the Trustee and the Seller with respect to certain
matters and (b) such other documentation as the Seller or the Master Servicer
may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 95.69688%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 4.37812500%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.36%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.02071476%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-2
[FORM OF FACE OF CLASS B-2 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A
CERTIFICATES, AMBAC AND THE CLASS B-1 CERTIFICATES AS DESCRIBED IN THE POOLING
AND SERVICING AGREEMENT REFERRED TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO
ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING EITHER (A)
THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF
1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION
3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A
MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE
(COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING THE ASSETS
OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE POOLING AND
SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS CERTIFICATE
IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20, CLASS B-2
evidencing an interest in a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, which may include loans secured by shares issued by cooperative housing
corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class B-2 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates, Ambac and each Class of Class B
Certificates bearing a lower numerical designation as specified in the
Agreement, any Class B-2 Distribution Amount required to be distributed to
Holders of the Class B-2 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-2 Certificates applicable to each Distribution Date will be
6.750% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-2 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
No transfer of a Class B-2 Certificate will be made unless the
Holder hereof desiring to make any such transfer shall deliver to the Trustee
(i) a representation letter, in the form as described in the Agreement, stating
either (a) that the transferee is not a Plan and is not acting on behalf of a
Plan or using the assets of a Plan to effect such purchase or (b) subject to
certain conditions described in the Agreement, that the source of funds used to
purchase this Certificate is an "insurance company general account," or (ii) if
such transferee is a Plan, (a) an opinion of counsel acceptable to and in form
and substance satisfactory to the Trustee and the Seller with respect to certain
matters and (b) such other documentation as the Seller or the Master Servicer
may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 95.02500%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 5.05000000%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.45%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.02376905%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-3
[FORM OF FACE OF CLASS B-3 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A
CERTIFICATES, AMBAC, THE CLASS B-1 CERTIFICATES AND THE CLASS B-2 CERTIFICATES
AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO
ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING EITHER (A)
THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF
1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION
3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A
MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE
(COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING THE ASSETS
OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE POOLING AND
SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS CERTIFICATE
IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20, CLASS B-3
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT _______________________________ is the
registered owner of the Percentage Interest evidenced by this Certificate in
monthly distributions to the Holders of the Class B-3 Certificates with respect
to a Trust Estate consisting of a pool of fixed interest rate, conventional,
monthly pay, fully amortizing, first lien, one- to four-family residential
mortgage loans, other than the Fixed Retained Yield, if any, with respect
thereto, and which may include loans secured by shares issued by cooperative
housing corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates, Ambac and each Class of Class B
Certificates bearing a lower numerical designation as specified in the
Agreement, any Class B-3 Distribution Amount required to be distributed to
Holders of the Class B-3 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-3 Certificates applicable to each Distribution Date will be
6.750% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-3 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
No transfer of a Class B-3 Certificate will be made unless the
Holder hereof desiring to make any such transfer shall deliver to the Trustee
(i) a representation letter, in the form as described in the Agreement, stating
either (a) that the transferee is not a Plan and is not acting on behalf of a
Plan or using the assets of a Plan to effect such purchase or (b) subject to
certain conditions described in the Agreement, that the source of funds used to
purchase this Certificate is an "insurance company general account," or (ii) if
such transferee is a Plan, (a) an opinion of counsel acceptable to and in form
and substance satisfactory to the Trustee and the Seller with respect to certain
matters and (b) such other documentation as the Seller or the Master Servicer
may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 86.97813%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 13.09687500%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 8.69%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.05823618%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-4
[FORM OF FACE OF CLASS B-4 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A
CERTIFICATES, AMBAC, THE CLASS B-1 CERTIFICATES, THE CLASS B-2 CERTIFICATES AND
THE CLASS B-3 CERTIFICATES AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE
RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR
IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM REGISTRATION UNDER
SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH
THE PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING AGREEMENT REFERRED
TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO
ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING EITHER (A)
THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF
1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION
3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A
MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE
(COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING THE ASSETS
OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE POOLING AND
SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS CERTIFICATE
IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20, CLASS B-4
evidencing an interest in a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, which may include loans secured by shares issued by cooperative housing
corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class B-4 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates, Ambac and each Class of Class B
Certificates bearing a lower numerical designation as specified in the
Agreement, any Class B-4 Distribution Amount required to be distributed to
Holders of the Class B-4 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-4 Certificates applicable to each Distribution Date will be
6.750% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-4 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
No transfer of a Class B-4 Certificate will be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that such a transfer is desired
to be made by the Holder hereof, (i) the transferee will be required to execute
an investment letter in the form described in the Agreement and (ii) if such
transfer is to be made within three years from the later of (a) the date of
initial issuance of the Certificates or (b) the last date on which the Seller or
any affiliate thereof was a Holder of the Certificates proposed to be
transferred, and unless such transfer is made in reliance on Rule 144A of the
Securities Act of 1933, as amended, the Trustee or the Seller may require the
Holder to deliver an opinion of counsel acceptable to and in form and substance
satisfactory to the Trustee and the Seller that such transfer is exempt
(describing the applicable exemption and the basis therefor) from or is being
made pursuant to the registration requirements of the Securities Act of 1933, as
amended, and of any applicable statute of any state. The Holder hereof desiring
to effect such transfer shall, and does hereby agree to, indemnify the Trustee,
the Seller, the Master Servicer, and any Paying Agent acting on behalf of the
Trustee against any liability that may result if the transfer is not so exempt
or is not made in accordance with such Federal and state laws. In connection
with any such transfer, the Trustee will also require (i) a representation
letter, in the form as described in the Agreement, stating either (a) that the
transferee is not a Plan and is not acting on behalf of a Plan or using the
assets of a Plan to effect such purchase or (b) subject to certain conditions
described in the Agreement, that the source of funds used to purchase this
Certificate is an "insurance company general account," or (ii) if such
transferee is a Plan, (a) an opinion of counsel acceptable to and in form and
substance satisfactory to the Trustee and the Seller with respect to certain
matters and (b) such other documentation as the Seller or the Master Servicer
may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 72.77500%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 27.30000000%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 11.35%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.10853073%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-5
[FORM OF FACE OF CLASS B-5 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A
CERTIFICATES, AMBAC, THE CLASS B-1 CERTIFICATES, THE CLASS B-2 CERTIFICATES, THE
CLASS B-3 CERTIFICATES AND THE CLASS B-4 CERTIFICATES AS DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE
RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR
IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM REGISTRATION UNDER
SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH
THE PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING AGREEMENT REFERRED
TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO
ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING EITHER (A)
THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF
1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE"). OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION
3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A
MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE
(COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING THE ASSETS
OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE POOLING AND
SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS CERTIFICATE
IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20, CLASS B-5
evidencing an interest in a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, which may include loans secured by shares issued by cooperative housing
corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class B-5 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates, Ambac and each Class of Class B
Certificates bearing a lower numerical designation as specified in the
Agreement, any Class B-5 Distribution Amount required to be distributed to
Holders of the Class B-5 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-5 Certificates applicable to each Distribution Date will be
6.750% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-5 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
No transfer of a Class B-5 Certificate will be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that such a transfer is desired
to be made by the Holder hereof, (i) the transferee will be required to execute
an investment letter in the form described in the Agreement and (ii) if such
transfer is to be made within three years from the later of (a) the date of
initial issuance of the Certificates or (b) the last date on which the Seller or
any affiliate thereof was a Holder of the Certificates proposed to be
transferred, and unless such transfer is made in reliance on Rule 144A of the
Securities Act of 1933, as amended, the Trustee or the Seller may require the
Holder to deliver an opinion of counsel acceptable to and in form and substance
satisfactory to the Trustee and the Seller that such transfer is exempt
(describing the applicable exemption and the basis therefor) from or is being
made pursuant to the registration requirements of the Securities Act of 1933, as
amended, and of any applicable statute of any state. The Holder hereof desiring
to effect such transfer shall, and does hereby agree to, indemnify the Trustee,
the Seller, the Master Servicer, and any Paying Agent acting on behalf of the
Trustee against any liability that may result if the transfer is not so exempt
or is not made in accordance with such Federal and state laws. In connection
with any such transfer, the Trustee will also require (i) a representation
letter, in the form as described in the Agreement, stating either (a) that the
transferee is not a Plan and is not acting on behalf of a Plan or using the
assets of a Plan to effect such purchase or (b) subject to certain conditions
described in the Agreement, that the source of funds used to purchase this
Certificate is an "insurance company general account," or (ii) if such
transferee is a Plan, (a) an opinion of counsel acceptable to and in form and
substance satisfactory to the Trustee and the Seller with respect to certain
matters and (b) such other documentation as the Seller or the Master Servicer
may require, as described in the Agreement.
This Certificate is issued on July 29, 1999, and based on its issue
price of 57.77500%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 42.30000000%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 15.15%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.14411963%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-6
[FORM OF FACE OF CLASS B-6 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A
CERTIFICATES, AMBAC, THE CLASS B-1 CERTIFICATES, THE CLASS B-2 CERTIFICATES, THE
CLASS B-3 CERTIFICATES, THE CLASS B-4 CERTIFICATES AND THE CLASS B-5
CERTIFICATES AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE
RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR
IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM REGISTRATION UNDER
SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH
THE PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING AGREEMENT REFERRED
TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO
ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING EITHER (A)
THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF
1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION
3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A
MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE
(COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING THE ASSETS
OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE POOLING AND
SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS CERTIFICATE
IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-20, CLASS B-6
evidencing an interest in a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, which may include loans secured by shares issued by cooperative housing
corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR ANY OF THEIR AFFILIATES, AND
IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER SERVICER, THE TRUSTEE OR
ANY OF THEIR AFFILIATES, OR BY ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: July 1, 1999
CUSIP No.: First Distribution Date: August 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: August 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class B-6 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer") and First Union National Bank, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates, Ambac and each Class of Class B
Certificates bearing a lower numerical designation as specified in the
Agreement, any Class B-6 Distribution Amount required to be distributed to
Holders of the Class B-6 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-6 Certificates applicable to each Distribution Date will be
6.750% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-6 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trustee for that purpose in
the notice of final distribution.
No transfer of a Class B-6 Certificate will be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that such a transfer is desired
to be made by the Holder hereof, (i) the transferee will be required to execute
an investment letter in the form described in the Agreement and (ii) if such
transfer is to be made within three years from the later of (a) the date of
initial issuance of the Certificates or (b) the last date on which the Seller or
any affiliate thereof was a Holder of the Certificates proposed to be
transferred, and unless such transfer is made in reliance on Rule 144A of the
Securities Act of 1933, as amended, the Trustee or the Seller may require the
Holder to deliver an opinion of counsel acceptable to and in form and substance
satisfactory to the Trustee and the Seller that such transfer is exempt
(describing the applicable exemption and the basis therefor) from or is being
made pursuant to the registration requirements of the Securities Act of 1933, as
amended, and of any applicable statute of any state. The Holder hereof desiring
to effect such transfer shall, and does hereby agree to, indemnify the Trustee,
the Seller, the Master Servicer, and any Paying Agent acting on behalf of the
Trustee against any liability that may result if the transfer is not so exempt
or is not made in accordance with such Federal and state laws. In connection
with any such transfer, the Trustee will also require (i) a representation
letter, in the form as described in the Agreement, stating either (a) that the
transferee is not a Plan and is not acting on behalf of a Plan or using the
assets of a Plan to effect such purchase or (b) subject to certain conditions
described in the Agreement, that the source of funds used to purchase this
Certificate is an "insurance company general account," or (ii) if such
transferee is a Plan, (a) an opinion of counsel acceptable to and in form and
substance satisfactory to the Trustee and the Seller with respect to certain
matters and (b) such other documentation as the Seller or the Master Servicer
may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on July 29, 1999, and based on its issue
price of 22.52500%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 4 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 250% SPA (as
defined in the Prospectus Supplement dated July 23, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 77.55000000%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 37.68%; and (iii) the
amount of OID allocable to the short first accrual period (July 29, 1999 to
August 25, 1999) as a percentage of the initial principal balance of this
Certificate, calculated using the exact method, is approximately 0.12425052%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be
duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trustee
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trustee
By ________________________
Authorized Officer
<PAGE>
EXHIBIT C
[Form of Reverse of Series 1999-20 Certificates]
NORWEST ASSET SECURITIES CORPORATION
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1999-20
This Certificate is one of a duly authorized issue of Certificates
issued in several Classes designated as Mortgage Pass-Through Certificates of
the Series specified hereon (herein collectively called the "Certificates").
The Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. In the event funds are
advanced with respect to any Mortgage Loan by a Servicer, the Master Servicer or
the Trustee, such advances are reimbursable to such Servicer, the Master
Servicer or the Trustee to the extent provided in the Agreement, from related
recoveries on such Mortgage Loan or from other cash that would have been
distributable to Certificateholders.
As provided in the Agreement, withdrawals from the Certificate
Account created for the benefit of Certificateholders may be made by the Master
Servicer from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement to a Servicer, the
Master Servicer or the Trustee, as applicable, of advances made by such
Servicer, the Master Servicer or the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment of the Agreement and the modification of the rights and obligations of
the Seller, the Master Servicer and the Trustee and the rights of the
Certificateholders under the Agreement at any time by the Seller, the Master
Servicer and the Trustee with the consent of the Holders of Certificates
evidencing in the aggregate not less than 66 2/3% of the Voting Interests of
each Class of Certificates affected thereby. Any such consent by the Holder of
this Certificate shall be conclusive and binding on such Holder and upon all
future holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange hereof or in lieu hereof whether or not notation
of such consent is made upon the Certificate. The Agreement also permits the
amendment thereof in certain circumstances without the consent of the Holders of
any of the Certificates.
As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the office or agency appointed by the Trustee, duly endorsed by, or
accompanied by an assignment in the form below or other written instrument of
transfer in form satisfactory to the Trustee and the Certificate Registrar, duly
executed by the Holder hereof or such Holder's attorney duly authorized in
writing, and thereupon one or more new Certificates of authorized Denominations
evidencing the same Class and aggregate Percentage Interest will be issued to
the designated transferee or transferees.
The Certificates are issuable only as registered Certificates
without coupons in Classes and Denominations specified in the Agreement. As
provided in the Agreement and subject to certain limitations therein set forth,
Certificates are exchangeable for new Certificates of authorized Denominations
evidencing the same Class and aggregate Percentage Interest, as requested by the
Holder surrendering the same.
No service charge will be made for any such registration of transfer
or exchange, but the Trustee or the Certificate Registrar may require payment of
a sum sufficient to cover any tax or other governmental charge payable in
connection therewith.
The Seller, the Master Servicer, the Trustee and the Certificate
Registrar, and any agent of the Seller, the Master Servicer, the Trustee or the
Certificate Registrar, may treat the Person in whose name this Certificate is
registered as the owner hereof for all purposes, and neither the Seller, the
Master Servicer, the Trustee, the Certificate Registrar nor any such agent shall
be affected by notice to the contrary.
The obligations created by the Agreement in respect of the
Certificates and the Trust Estate created thereby shall terminate upon the last
action required to be taken by the Trustee on the Final Distribution Date
pursuant to the Agreement following the earlier of (i) the payment or other
liquidation (or advance with respect thereto) of the last Mortgage Loan subject
thereto or the disposition of all property acquired upon foreclosure or deed in
lieu of foreclosure of any Mortgage Loan, and (ii) the purchase by the Seller
from the Trust Estate of all remaining Mortgage Loans and all property acquired
in respect of such Mortgage Loans; provided, however, that the Trust Estate will
in no event continue beyond the expiration of 21 years from the death of the
last survivor of the descendants of Joseph P. Kennedy, the late ambassador of
the United States to the Court of St. James, living on the date of the
Agreement. The Agreement permits, but does not require, the Seller to purchase
all remaining Mortgage Loans and all property acquired in respect of any
Mortgage Loan at a price determined as provided in the Agreement. The exercise
of such option will effect early retirement of the Certificates, the Seller's
right to exercise such option being subject to the Pool Scheduled Principal
Balance of the Mortgage Loans as of the Distribution Date upon which the
proceeds of such repurchase are distributed being less than ten percent of the
Cut-Off Date Aggregate Principal Balance.
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto ___________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
(Please print or typewrite name and address including postal zip code of
assignee)
the beneficial interest evidenced by the within Mortgage Pass-Through
Certificate and hereby authorizes the transfer of registration of such interest
to assignee on the Certificate Register of the Trust Estate.
I (We) further direct the Certificate Registrar to issue a new
Certificate of a like Denomination or Percentage Interest and Class, to the
above named assignee and deliver such Certificate to the following address:
- -------------------------------------------------------
- -------------------------------------------------------
Social Security or other Identifying Number of Assignee:
- -------------------------------------------------------
Dated:
----------------------------------------
Signature by or on behalf of assignor
----------------------------------------
Signature Guaranteed
<PAGE>
DISTRIBUTION INSTRUCTIONS
The assignee should include the following for purposes of distribution:
Distributions shall be made, if the assignee is eligible to receive
distributions in immediately available funds, by wire transfer or otherwise, in
immediately available funds to
_________________________________________________________________ for the
account of _______________________________________________ account number
_____________, or, if mailed by check, to
_______________________________________________________. Applicable statements
should be mailed to ________________________________________________.
This information is provided by ______________________, the assignee
named above, or ___________________________________, as its agent.
<PAGE>
EXHIBIT D
RESERVED
<PAGE>
EXHIBIT E
CUSTODIAL AGREEMENT
THIS CUSTODIAL AGREEMENT (as amended and supplemented from time to
time, the "Agreement"), dated as of _____________, by and among FIRST UNION
NATIONAL BANK, not individually, but solely as Trustee (including its successors
under the Pooling and Servicing Agreement defined below, the "Trustee"), NORWEST
ASSET SECURITIES CORPORATION (together with any successor in interest, the
"Seller"), NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION (together with any
successor in interest or successor under the Pooling and Servicing Agreement
referred to below, the "Master Servicer") and ___________________________
(together with any successor in interest or any successor appointed hereunder,
the "Custodian").
W I T N E S S E T H T H A T
WHEREAS, the Seller, the Master Servicer and the Trustee, have
entered into a Pooling and Servicing Agreement dated as of July 29, 1999
relating to the issuance of Mortgage Pass-Through Certificates, Series 1999-20
(as in effect on the date of this Agreement, the "Original Pooling and Servicing
Agreement", and as amended and supplemented from time to time, the "Pooling and
Servicing Agreement"); and
WHEREAS, the Custodian has agreed to act as agent for the Trustee
for the purposes of receiving and holding certain documents and other
instruments delivered by the Seller under the Pooling and Servicing Agreement,
all upon the terms and conditions and subject to the limitations hereinafter set
forth;
NOW, THEREFORE, in consideration of the premises and the mutual
covenants and agreements hereinafter set forth, the Trustee, the Seller, the
Master Servicer and the Custodian hereby agree as follows:
ARTICLE I
DEFINITIONS
Capitalized terms used in this Agreement and not defined herein
shall have the meanings assigned in the Original Pooling and Servicing
Agreement, unless otherwise required by the context herein.
ARTICLE II
CUSTODY OF MORTGAGE DOCUMENTS
Section 2.1. Custodian to Act as Agent; Acceptance of Custodial
Files. The Custodian, as the duly appointed agent of the Trustee for these
purposes, acknowledges receipt of the Mortgage Notes, the Mortgages, the
assignments and other documents relating to the Mortgage Loans identified on the
schedule attached hereto and declares that it holds and will hold such Mortgage
Notes, Mortgages, assignments and other documents and any similar documents
received by the Trustee subsequent to the date hereof (the "Custodial Files") as
agent for the Trustee, in trust, for the use and benefit of all present and
future Certificateholders.
Section 2.2. Recordation of Assignments. If any Custodial File
includes one or more assignments to the Trustee of Mortgage Notes and related
Mortgages that have not been recorded, each such assignment shall be delivered
by the Custodian to the Seller for the purpose of recording it in the
appropriate public office for real property records, and the Seller, at no
expense to the Custodian, shall promptly cause to be recorded in the appropriate
public office for real property records each such assignment and, upon receipt
thereof from such public office, shall return each such assignment to the
Custodian.
Section 2.3. Review of Custodial Files. The Custodian agrees, for
the benefit of Certificateholders, to review, in accordance with the provisions
of Section 2.01 of the Pooling and Servicing Agreement, each Custodial File. If
in performing the review required by this Section 2.3 the Custodian finds any
document or documents constituting a part of a Custodial File to be missing or
defective in any material respect, the Custodian shall promptly so notify the
Seller, the Master Servicer and the Trustee.
Section 2.4. Notification of Breaches of Representations and
Warranties. Upon discovery by the Custodian of a breach of any representation or
warranty made by the Seller or the Master Servicer as set forth in the Pooling
and Servicing Agreement, the Custodian shall give prompt written notice to the
Seller, the Master Servicer and the Trustee.
Section 2.5. Custodian to Cooperate; Release of Custodial Files.
Upon the payment in full of any Mortgage Loan, or the receipt by the Master
Servicer of a notification that payment in full will be escrowed in a manner
customary for such purposes, the Master Servicer shall immediately notify the
Custodian by a certification (which certification shall include a statement to
the effect that all amounts received or to be received in connection with such
payment which are required to be deposited in the Certificate Account pursuant
to Section 3.02 of the Pooling and Servicing Agreement have been or will be so
deposited) of a Servicing Officer and shall request delivery to it of the
Custodial File. The Custodian agrees, upon receipt of such certification and
request, promptly to release the related Custodial File to the Master Servicer.
From time to time as is appropriate for the servicing or foreclosure
of any Mortgage Loan, the Master Servicer shall deliver to the Custodian a
certificate of a Servicing Officer requesting that possession of all, or any
document constituting part of, the Custodial File be released to the Master
Servicer and certifying as to the reason for such release and that such release
will not invalidate any insurance coverage provided in respect of the Mortgage
Loan. With such certificate, the Master Servicer shall deliver to the Custodian
a receipt signed by a Servicing Officer on behalf of the Master Servicer, and
upon receipt of the foregoing, the Custodian shall deliver the Custodial File or
such document to the Master Servicer. The Master Servicer shall cause each
Custodial File or any document therein so released to be returned to the
Custodian when the need therefor by the Master Servicer no longer exists, unless
(i) the Mortgage Loan has been liquidated and the Liquidation Proceeds relating
to the Mortgage Loan have been deposited in the Certificate Account to the
extent required by the Pooling and Servicing Agreement or (ii) the Custodial
File or such document has been delivered to an attorney, or to a public trustee
or other public official as required by law, for purposes of initiating or
pursuing legal action or other proceedings for the foreclosure of the Mortgaged
Property either judicially or non-judicially, and the Master Servicer has
delivered to the Custodian a certificate of a Servicing Officer certifying as to
the name and address of the Person to which such Custodial File or such document
were delivered and the purpose or purposes of such delivery. In the event of the
liquidation of a Mortgage Loan, the Custodian shall deliver such receipt with
respect thereto to the Master Servicer upon deposit of the related Liquidation
Proceeds in the Certificate Account to the extent required by the Pooling and
Servicing Agreement.
Section 2.6. Assumption Agreements. In the event that any assumption
agreement or substitution of liability agreement is entered into with respect to
any Mortgage Loan subject to this Agreement in accordance with the terms and
provisions of the Pooling and Servicing Agreement, the Master Servicer shall
notify the Custodian that such assumption or substitution agreement has been
completed by forwarding to the Custodian the original of such assumption or
substitution agreement, which copy shall be added to the related Custodial File
and, for all purposes, shall be considered a part of such Custodial File to the
same extent as all other documents and instruments constituting parts thereof.
ARTICLE III
CONCERNING THE CUSTODIAN
Section 3.1. Custodian a Bailee and Agent of the Trustee. With
respect to each Mortgage Note, Mortgage and other documents constituting each
Custodian File which are delivered to the Custodian, the Custodian is
exclusively the bailee and agent of the Trustee, holds such documents for the
benefit of Certificateholders and undertakes to perform such duties and only
such duties as are specifically set forth in this Agreement. Except upon
compliance with the provisions of Section 2.5 of this Agreement, no Mortgage
Note, Mortgage or other document constituting a part of a Custodial File shall
be delivered by the Custodian to the Seller or the Master Servicer or otherwise
released from the possession of the Custodian.
Section 3.2. Indemnification. The Seller hereby agrees to indemnify
and hold the Custodian harmless from and against all claims, liabilities,
losses, actions, suits or proceedings at law or in equity, or any other
expenses, fees or charges of any character or nature, which the Custodian may
incur or with which the Custodian may be threatened by reasons of its acting as
custodian under this Agreement, including indemnification of the Custodian
against any and all expenses, including attorney's fees if counsel for the
Custodian has been approved by the Seller, and the cost of defending any action,
suit or proceedings or resisting any claim. Notwithstanding the foregoing, it is
specifically understood and agreed that in the event any such claim, liability,
loss, action, suit or proceeding or other expense, fees, or charge shall have
been caused by reason of any negligent act, negligent failure to act, or willful
misconduct on the part of the Custodian, or which shall constitute a willful
breach of its duties hereunder, the indemnification provisions of this Agreement
shall not apply.
Section 3.3. Custodian May Own Certificates. The Custodian in
its individual or any other capacity may become the owner or pledgee of
Certificates with the same rights it would have if it were not Custodian.
Section 3.4. Master Servicer to Pay Custodian's Fees and Expenses.
The Master Servicer covenants and agrees to pay to the Custodian from time to
time, and the Custodian shall be entitled to, reasonable compensation for all
services rendered by it in the exercise and performance of any of the powers and
duties hereunder of the Custodian, and the Master Servicer will pay or reimburse
the Custodian upon its request for all reasonable expenses, disbursements and
advances incurred or made by the Custodian in accordance with any of the
provisions of this Agreement (including the reasonable compensation and the
expenses and disbursements of its counsel and of all persons not regularly in
its employ), except any such expense, disbursement or advance as may arise from
its negligence or bad faith.
Section 3.5. Custodian May Resign; Trustee May Remove Custodian. The
Custodian may resign from the obligations and duties hereby imposed upon it as
such obligations and duties relate to its acting as Custodian of the Mortgage
Loans. Upon receiving such notice of resignation, the Trustee shall either take
custody of the Custodial Files itself and give prompt notice thereof to the
Seller, the Master Servicer and the Custodian or promptly appoint a successor
Custodian by written instrument, in duplicate, one copy of which instrument
shall be delivered to the resigning Custodian and one copy to the successor
Custodian. If the Trustee shall not have taken custody of the Custodial Files
and no successor Custodian shall have been so appointed and have accepted
resignation, the resigning Custodian may petition any court of competent
jurisdiction for the appointment of a successor Custodian.
The Trustee may remove the Custodian at any time. In such event, the
Trustee shall appoint, or petition a court of competent jurisdiction to appoint,
a successor Custodian hereunder. Any successor Custodian shall be a depository
institution subject to supervision or examination by federal or state authority
and shall be able to satisfy the other requirements contained in Section 3.7.
Any resignation or removal of the Custodian and appointment of a
successor Custodian pursuant to any of the provisions of this Section 3.5 shall
become effective upon acceptance of appointment by the successor Custodian. The
Trustee shall give prompt notice to the Seller and the Master Servicer of the
appointment of any successor Custodian. No successor Custodian shall have been
appointed and accepted appointment by the Trustee without the prior approval of
the Seller and the Master Servicer.
Section 3.6. Merger or Consolidation of Custodian. Any Person into
which the Custodian may be merged or converted or with which it may be
consolidated, or any Person resulting from any merger, conversion or
consolidation to which the Custodian shall be a party, or any Person succeeding
to the business of the Custodian, shall be the successor of the Custodian
hereunder, without the execution or filing of any paper or any further act on
the part of any of the parties hereto, anything herein to the contrary
notwithstanding.
Section 3.7. Representations of the Custodian. The Custodian hereby
represents that it is a depository institution subject to supervision or
examination by a federal or state authority, has a combined capital and surplus
of at least $10,000,000 and is qualified to do business in the jurisdiction in
which it will hold any Custodian File.
ARTICLE IV
MISCELLANEOUS PROVISIONS
Section 4.1. Notices. All notices, requests, consents and demands
and other communications required under this Agreement or pursuant to any other
instrument or document delivered hereunder shall be in writing and, unless
otherwise specifically provided, may be delivered personally, by telegram or
telex, or by registered or certified mail, postage prepaid, return receipt
requested, at the addresses specified on the signature page hereof (unless
changed by the particular party whose address is stated herein by similar notice
in writing), in which case the notice will be deemed delivered when received.
Section 4.2. Amendments. No modification or amendment of or
supplement to this Agreement shall be valid or effective unless the same is in
writing and signed by all parties hereto, and neither the Seller, the Master
Servicer nor the Trustee shall enter into any amendment hereof except as
permitted by the Pooling and Servicing Agreement. The Trustee shall give prompt
notice to the Custodian of any amendment or supplement to the Pooling and
Servicing Agreement and furnish the Custodian with written copies thereof.
SECTION 4.3. GOVERNING LAW. THIS AGREEMENT SHALL BE DEEMED A
CONTRACT MADE UNDER THE LAWS OF THE STATE OF NEW YORK AND SHALL BE CONSTRUED AND
ENFORCED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.
Section 4.4. Recordation of Agreement. To the extent permitted by
applicable law, this Agreement is subject to recordation in all appropriate
public offices for real property records in all the counties or other comparable
jurisdictions in which any or all of the properties subject to the Mortgages are
situated, and in any other appropriate public recording office or elsewhere,
such recordation to be effected by the Master Servicer and at its expense on
direction by the Trustee, but only upon direction accompanied by an Opinion of
Counsel to the effect that such recordation materially and beneficially affects
the interests of the Certificateholders.
For the purpose of facilitating the recordation of this Agreement as
herein provided and for other purposes, this Agreement may be executed
simultaneously in any number of counterparts, each of which counterparts shall
be deemed to be an original, and such counterparts shall constitute but one and
the same instrument.
Section 4.5. Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever held invalid, then such covenants, agreements, provisions or
terms shall be deemed severable from the remaining covenants, agreements,
provisions or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement or of the Certificates
or the rights of the holders thereof.
<PAGE>
IN WITNESS WHEREOF, this Agreement is executed as of the date first
above written.
Address: FIRST UNION NATIONAL BANK
230 South Tryon Street By:----------------------------------
Charlotte, North Carolina, 28288 Name:--------------------------------
Title:-------------------------------
Address: NORWEST ASSET SECURITIES
CORPORATION
7485 New Horizon Way
Frederick, Maryland 21703 By:----------------------------------
Name:--------------------------------
Title:-------------------------------
Address: NORWEST BANK MINNESOTA, NATIONAL
ASSOCIATION
7485 New Horizon Way
Frederick, Maryland 21703 By:----------------------------------
Name:--------------------------------
Title:-------------------------------
Address: [CUSTODIAN]
By:----------------------------------
Name:--------------------------------
Title:-------------------------------
<PAGE>
STATE OF )
) ss.:
COUNTY OF )
On this ____ day of _________, 19__, before me, a notary public in
and for the State of ____________, personally appeared _______________, known to
me who, being by me duly sworn, did depose and say that he resides at
__________________________; that he is the __________ of Norwest Asset
Securities Corporation a Delaware corporation, one of the parties that executed
the foregoing instrument; and that he signed his name thereto by order of the
Board of Directors of said corporation.
---------------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF )
) ss.:
COUNTY OF )
On this ____ day of _________, 19__, before me, a notary public in
and for the State of ____________, personally appeared _______________, known to
me who, being by me duly sworn, did depose and say that he resides at
__________________________; that he is the __________ of Norwest Bank Minnesota,
National Association, a national banking association, one of the parties that
executed the foregoing instrument; and that he signed his name thereto by order
of the Board of Directors of said corporation.
---------------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF )
) ss.:
COUNTY OF )
On this ___ day of ________, 19__, before me, a notary public in and
for the State of ____________, personally appeared __________ _________, known
to me who, being by me duly sworn, did depose and say that he resides at
__________________________; that he is the ____________________ of First Union
National Bank, a national banking association, one of the parties that executed
the foregoing instrument; and that he signed his name thereto by order of the
Board of Directors of said association.
--------------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF )
) ss.:
COUNTY OF )
On this ____ day of ________, 19 , before me, a notary public in and
for the State of __________, personally appeared __________ __________, known to
me who, being by me duly sworn, did depose and say that he resides at
__________________________; that he is the _______________________ of
______________________, a _________________________, one of the parties that
executed the foregoing instrument; and that he signed his name thereto by order
of the Board of Directors of said association.
---------------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
EXHIBIT F-1
[Schedule of Mortgage Loans Serviced by Norwest Mortgage
from locations other than Frederick, Maryland]
NASCOR
NMI / 1999-20 Exhibit F-1
30 YEAR FIXED RATE NON RELOCATION LOANS
<TABLE>
<CAPTION>
(i) (ii) (iii) (iv) (v) (vi) (vii) (viii)
- ----- ----------------- ---------- --------- -------- --------- -------- -------- --------- ---------
NET
MORTGAGE MORTGAGE MORTGAGE CURRENT ORIGINAL SCHEDULED
LOAN ZIP PROPERTY INTEREST INTEREST MONTHLY TERM TO MATURITY
NUMBER CITY STATE CODE TYPE RATE RATE PAYMENT MATURITY DATE
- -------- ----------------- ---------- ------------------ --------- -------- ---------- ------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
6004775 SCOTTSDALE AZ 85255 SFD 7.125 6.750 $4,042.31 360 1-May-29
6756643 LAKE ELMO MN 55042 SFD 7.625 6.750 $3,487.66 360 1-Apr-28
6766354 EDEN PRAIRIE MN 55346 SFD 7.250 6.750 $2,373.97 360 1-Aug-28
6892762 WINNETKA IL 60093 SFD 7.375 6.750 $1,703.21 360 1-Jun-28
6987307 NORTHBROOK IL 60062 SFD 7.625 6.750 $1,762.41 360 1-Jan-29
6991749 DANVILLE VA 24540 SFD 8.250 6.750 $2,048.33 360 1-Aug-26
6999657 DENVER CO 80202 HCO 7.125 6.750 $3,109.88 360 1-Oct-28
6999659 SCOTTSDALE AZ 85259 SFD 7.000 6.733 $3,659.16 360 1-Jan-29
7203256 CHICAGO IL 60620 SFD 7.250 6.750 $1,875.99 360 1-Nov-28
7582643 BLOOMFIELD HILLS MI 48301 SFD 7.375 6.750 $5,297.48 360 1-Apr-29
7591213 PHILADELPHIA PA 19147 SFD 6.625 6.358 $1,664.81 360 1-Mar-29
7594125 MARSHFIELD MA 02050 SFD 7.125 6.750 $2,304.12 360 1-Apr-29
7596951 CASTLE DANGER MN 55616 PUD 7.375 6.750 $1,864.13 360 1-Apr-29
7606142 BROOKLYN PARK MN 55443 SFD 7.125 6.750 $1,819.04 360 1-Apr-29
7607222 LAKE FOREST IL 60045 SFD 7.250 6.750 $2,084.05 360 1-Apr-29
7612934 CINCINNATI OH 45229 SFD 7.250 6.750 $1,860.98 360 1-May-29
7639971 EDEN PRAIRIE MN 55347 SFD 7.250 6.750 $2,097.49 360 1-May-29
7646926 RIVER FOREST IL 60305 SFD 7.250 6.750 $2,285.29 360 1-Apr-29
7651662 CHICAGO IL 60618 LCO 7.500 6.750 $1,721.47 360 1-Apr-29
7663901 MINNETONKA MN 55305 SFD 7.375 6.750 $2,748.89 360 1-Jun-29
7664056 BARRINGTON IL 60010 SFD 6.750 6.483 $3,523.18 360 1-Jun-29
7678198 BURNS TOWNSHIP MN 55330 SFD 7.250 6.750 $2,155.68 360 1-Apr-29
7703757 NAPERVILLE IL 60564 SFD 7.375 6.750 $2,607.30 360 1-Jun-29
7715697 GLENCOE IL 60022 SFD 7.125 6.750 $2,155.90 360 1-Jun-29
7717010 EDINA MN 55424 SFD 7.000 6.733 $2,494.89 360 1-May-29
7718386 ANDOVER MN 55304 SFD 7.125 6.750 $1,845.99 360 1-May-29
7721746 CHICAGO IL 60631 SFD 7.250 6.750 $2,646.84 360 1-Jun-29
7722303 PALATINE IL 60067 PUD 7.375 6.750 $2,424.27 360 1-May-29
7724597 ORLAND PARK IL 60462 SFD 7.250 6.750 $2,285.30 360 1-May-29
7727809 MAPLE GROVE MN 55311 SFD 7.000 6.733 $1,828.92 360 1-Jun-29
7731325 SAINT PAUL MN 55105 SFD 7.125 6.750 $1,886.41 360 1-May-29
7744830 CHANHASSEN MN 55318 SFD 7.000 6.733 $1,989.25 360 1-Jun-29
7749044 PLYMOUTH MN 55446 SFD 7.250 6.750 $2,226.63 360 1-Jun-29
</TABLE>
TABLE (CONTINUED)
<TABLE>
<CAPTION>
(i) (ix) (x) (xi) (xii) (xiii) (xiv) (xv) (xvi)
- ----- ------------ ------ --------- ----------- ------- ---------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
CUT-OFF
MORTGAGE DATE MORTGAGE T.O.P. MASTER FIXED
LOAN PRINCIPAL INSURANCE SERVICE MORTGAGE SERVICE RETAINED
NUMBER BALANCE LTV SUBSIDY CODE FEE LOAN FEE YIELD
- -------- ----------- ------- ---------- ---------- ------- ---------- -------- ----------
6004775 $ 599,037.53 54.55 0.25 0.017 0.108
6756643 $ 486,763.52 67.97 0.25 0.017 0.608
6766354 $ 344,921.98 80.00 0.25 0.017 0.233
6892762 $ 244,068.58 43.26 0.25 0.017 0.358
6987307 $ 247,901.34 56.72 0.25 0.017 0.608
6991749 $ 265,575.80 95.00 33 0.25 0.017 1.233
6999657 $ 457,185.88 76.93 0.25 0.017 0.108
6999659 $ 547,255.28 50.00 0.25 0.017 0.000
7203256 $ 271,493.93 78.57 0.25 0.017 0.233
7582643 $ 765,235.80 65.00 0.25 0.017 0.358
7591213 $ 259,074.81 80.00 0.25 0.017 0.000
7594125 $ 340,896.24 69.09 0.25 0.017 0.108
7596951 $ 269,070.92 90.00 13 0.25 0.017 0.358
7606142 $ 269,348.40 90.00 13 0.25 0.017 0.108
7607222 $ 304,780.71 74.33 0.25 0.017 0.233
7612934 $ 272,157.70 80.00 0.25 0.017 0.233
7639971 $ 306,746.06 90.00 01 0.25 0.017 0.233
7646926 $ 334,211.26 74.44 0.25 0.017 0.233
7651662 $ 245,648.41 92.91 24 0.25 0.017 0.483
7663901 $ 397,697.15 79.76 0.25 0.017 0.358
7664056 $ 542,732.32 80.00 0.25 0.017 0.000
7678198 $ 315,004.98 80.00 0.25 0.017 0.233
7703757 $ 377,212.75 56.43 0.25 0.017 0.358
7715697 $ 319,744.10 80.00 0.25 0.017 0.108
7717010 $ 374,383.43 68.18 0.25 0.017 0.000
7718386 $ 273,560.47 80.00 0.25 0.017 0.108
7721746 $ 387,392.83 76.53 0.25 0.017 0.233
7722303 $ 350,193.82 88.32 01 0.25 0.017 0.358
7724597 $ 334,475.74 89.33 01 0.25 0.017 0.233
7727809 $ 274,674.66 79.99 0.25 0.017 0.000
7731325 $ 279,324.27 72.73 0.25 0.017 0.108
7744830 $ 298,754.92 60.40 0.25 0.017 0.000
7749044 $ 326,145.37 80.00 0.25 0.017 0.233
$ 11,682,670.96
</TABLE>
COUNT: 33
WAC: 7.231038583
WAM: 355.4895413
WALTV: 73.67978867
<PAGE>
EXHIBIT F-2
[Schedule of Mortgage Loans Serviced by Norwest Mortgage in Frederick, Maryland]
NASCOR
NMI / 1999-20 Exhibit F-2
30 YEAR FIXED RATE NON RELOCATION LOANS
<TABLE>
<CAPTION>
(i) (ii) (iii) (iv) (v) (vi) (vii) (viii)
- ----- ------------------------- ----- ----- --------- -------- -------- ---------- -------- ----------
NET
MORTGAGE MORTGAGE MORTGAGE CURRENT ORIGINAL SCHEDULED
LOAN ZIP PROPERTY INTEREST INTEREST MONTHLY TERM TO MATURITY
NUMBER CITY STATE CODE TYPE RATE RATE PAYMENT MATURITY DATE
- -------- -------------------------------- ----- --------- -------- ------- ---------- -------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
4643507 VANCOUVER WA 98683 MF3 7.750 6.750 $ 1,541.72 360 1-Oct-27
4824522 MOSCOW ID 83843 SFD 7.125 6.750 $ 2,256.96 360 1-Jun-29
4838873 BRIARCLIFF MANOR NY 10510 SFD 6.125 5.858 $ 2,596.32 360 1-Jun-29
4844765 CAROVA NC 27927 SFD 7.125 6.750 $ 2,406.53 360 1-Jul-29
4847970 NEW HAVEN MO 63068 SFD 7.000 6.733 $ 1,962.65 360 1-Jul-29
4856132 MONTE SERENO CA 95030 SFD 7.500 6.750 $ 2,237.49 360 1-Sep-28
4862778 SAN JOSE CA 95120 SFD 7.375 6.750 $ 1,802.67 360 1-Oct-28
4865255 SPRINGFIELD MO 65810 SFD 7.750 6.750 $ 2,238.85 360 1-Aug-28
4866701 EDGEWATER MD 21037 SFD 7.250 6.750 $ 3,438.43 368 1-Oct-28
4873253 CARLSBAD CA 92009 SFD 7.750 6.750 $ 1,836.88 360 1-Oct-28
4874978 MONROE CT 06468 SFD 7.000 6.733 $ 2,128.97 360 1-Jun-29
4887053 HAM LAKE MN 55304 SFD 7.500 6.750 $ 2,320.70 360 1-Jul-29
4891530 MANALAPAN NJ 07726 SFD 7.750 6.750 $ 2,869.95 360 1-Jul-29
4898967 COROLLA NC 27927 SFD 7.750 6.750 $ 2,643.57 360 1-Jul-29
4912169 MAPLE GROVE MN 55311 SFD 8.625 6.750 $ 2,109.76 360 1-Jul-29
4917148 ISLIP NY 11751 SFD 6.750 6.483 $ 648.60 360 1-Jun-29
4931178 MOSCOW ID 83843 SFD 7.125 6.750 $ 1,819.05 360 1-Jul-29
4940613 HUNTINGTON BEACH CA 92649 SFD 7.500 6.750 $ 1,510.30 360 1-Dec-28
4941609 GREAT NECK NY 11021 SFD 6.625 6.358 $ 2,737.33 360 1-Mar-29
4945301 AZTEC NM 87410 SFD 7.875 6.750 $ 878.06 360 1-Apr-29
4945857 PARK RIDGE NJ 07656 SFD 7.375 6.750 $ 2,237.79 360 1-Jun-29
4946968 LIVERMORE CA 94550 SFD 6.875 6.608 $ 1,962.25 360 1-Jun-29
4947597 OAKLAND CA 94618 PUD 7.125 6.750 $ 2,189.59 360 1-Feb-29
4947983 GLEN ROCK NJ 07452 SFD 6.625 6.358 $ 1,716.04 360 1-Jun-29
4951134 BRIARCLIFF MANOR NY 10510 SFD 7.875 6.750 $ 1,794.55 360 1-Jul-29
4955481 RICHMOND VA 23229 SFD 7.375 6.750 $ 516.63 360 1-Jan-29
4956411 THOUSAND OAKS CA 91362 SFD 8.000 6.750 $ 4,473.03 360 1-Jul-29
4957127 WHITEHOUSE STATION NJ 08889 SFD 7.125 6.750 $ 3,368.60 360 1-Jun-29
4960303 BROOKLYN NY 11215 MF2 7.375 6.750 $ 4,472.13 360 1-Jul-29
4961160 MENLO PARK CA 94025 SFD 7.375 6.750 $ 2,762.71 360 1-Jul-29
4962266 TALLAHASSEE FL 32312 SFD 7.250 6.750 $ 3,837.25 360 1-May-29
4962910 WALL TOWNSHIP NJ 08736 SFD 7.125 6.750 $ 2,821.54 360 1-Jun-29
4963529 KEY WEST FL 33040 SFD 7.500 6.750 $ 2,552.48 360 1-Jun-29
4964006 ROCKVILLE CENTRE NY 11570 SFD 7.500 6.750 $ 2,482.22 360 1-Jul-29
4966028 VICTOR NY 14564 SFD 7.250 6.750 $ 3,013.18 360 1-May-29
4966047 YORK MI 48150 SFD 6.750 6.483 $ 1,945.79 360 1-Sep-28
4967218 RIDGEWOOD NJ 07450 SFD 7.375 6.750 $ 4,489.39 360 1-Jun-29
4968075 FORT MYERS BEACH FL 33931 HCO 7.375 6.750 $ 1,961.52 360 1-Jul-29
4969333 COLTS NECK NJ 07722 SFD 7.875 6.750 $ 2,258.60 360 1-Jul-29
4970249 FALLBROOK CA 92028 SFD 6.375 6.108 $ 1,778.03 360 1-Jun-29
4970444 KINNELON NJ 07405 SFD 7.000 6.733 $ 2,208.81 360 1-Jun-29
4970708 LONGPORT NJ 08403 SFD 7.125 6.750 $ 3,031.73 360 1-May-29
4972655 SCOTTSDALE AZ 85262 SFD 6.875 6.608 $ 2,470.06 360 1-Mar-29
4973622 HOOVER AL 35242 SFD 7.625 6.750 $ 2,725.01 360 1-Jul-29
4974501 WELLESLEY MA 02481 SFD 7.500 6.750 $ 2,433.27 360 1-Jul-29
4975300 OAK PARK IL 60302 SFD 7.000 6.733 $ 2,528.15 360 1-Jun-29
4975898 JUPITER FL 33478 SFD 7.250 6.750 $ 1,828.23 360 1-Mar-29
4976388 CORTLANDT MANOR NY 10566 SFD 7.250 6.750 $ 2,455.83 360 1-Jun-29
4978453 SAN JOSE CA 95117 SFD 7.250 6.750 $ 2,012.43 360 1-Jun-29
4979117 HARLEYSVILLE PA 19438 SFD 7.625 6.750 $ 1,890.21 360 1-Jul-29
4979141 COPPELL TX 75019 PUD 7.375 6.750 $ 2,135.92 360 1-Jul-29
4980453 YARDLEY PA 19067 SFD 7.625 6.750 $ 1,875.66 360 1-Jul-29
4980963 BOULDER CO 80304 SFD 7.000 6.733 $ 1,750.37 360 1-May-29
4981219 TENAFLY NJ 07670 SFD 7.125 6.750 $ 3,368.59 360 1-Jul-29
4981297 LIVINGSTON NJ 07039 SFD 6.750 6.483 $ 2,253.88 360 1-Jun-29
4982290 DALLAS TX 75229 SFD 6.750 6.483 $ 2,903.78 360 1-Jul-29
4983808 WEST NEWTON MA 02059 SFD 7.750 6.750 $ 2,328.34 360 1-Jul-29
4983898 BERKELEY HEIGHTS NJ 07922 SFD 7.250 6.750 $ 2,810.57 360 1-Jun-29
4986018 NEW CANAAN CT 06840 SFD 7.000 6.733 $ 4,158.15 360 1-Jul-29
4986046 WOODBRIDGE VA 22193 SFD 7.250 6.750 $ 2,728.71 360 1-May-29
4986575 ORLANDO FL 32804 SFD 7.375 6.750 $ 2,044.40 360 1-Jul-29
4987241 GREENWICH CT 06830 SFD 7.250 6.750 $ 2,524.06 360 1-Jun-29
4987283 DICKINSON ND 58601 SFD 7.125 6.750 $ 1,879.67 360 1-Apr-29
4987388 WELDON SPRINGS MO 63304 SFD 7.375 6.750 $ 2,265.41 360 1-May-29
4989233 ROME GA 30165 SFD 7.000 6.733 $ 2,328.56 360 1-May-29
4989262 NEW YORK NY 10003 COP 7.375 6.750 $ 2,044.40 360 1-Jun-29
4989718 RUMSON NJ 07760 SFD 7.375 6.750 $ 4,489.39 360 1-Jun-29
4990084 ANNANDALE VA 22003 SFD 7.000 6.733 $ 1,767.05 360 1-May-29
4990093 PHOENIX AZ 85048 SFD 7.250 6.750 $ 1,886.70 360 1-Jun-29
4990580 JAMESTOWN NC 27282 SFD 7.750 6.750 $ 2,367.75 360 1-Jul-29
4990870 MONTCLAIR NJ 07042 SFD 7.250 6.750 $ 1,749.10 360 1-Jul-29
4990950 DARIEN CT 06820 SFD 6.875 6.608 $ 3,776.03 360 1-Jul-29
4991107 GLOUCESTER VA 23061 SFD 7.375 6.750 $ 2,417.37 360 1-Jul-29
4991176 ORLANDO FL 32832 SFD 7.250 6.750 $ 1,665.54 360 1-Jun-29
4992628 WEST LINN OR 97068 SFD 7.125 6.750 $ 1,785.36 360 1-Jul-29
4992661 ARDSLEY NY 10502 SFD 7.625 6.750 $ 2,123.39 360 1-Jul-29
4992769 HASTINGS NY 10706 SFD 7.125 6.750 $ 2,694.88 360 1-Jun-29
4994237 MURPHYSBORO IL 62966 SFD 7.500 6.750 $ 1,789.29 360 1-Jun-29
4994508 RIDGEFIELD CT 06877 SFD 7.125 6.750 $ 2,182.85 360 1-Jun-29
4994860 DALLAS TX 75248 SFD 7.250 6.750 $ 2,234.13 360 1-Apr-29
4996078 BERNARDSVILLE NJ 07924 SFD 7.375 6.750 $ 2,847.31 360 1-Jun-29
4996527 SEATTLE WA 98122 SFD 7.125 6.750 $ 2,461.77 360 1-May-29
4996547 MONROE NY 10950 SFD 7.500 6.750 $ 1,923.37 360 1-Jun-29
4997006 FREMONT CA 94539 SFD 7.125 6.750 $ 3,247.33 360 1-Jun-29
4997483 JOHNSTON IA 50131 SFD 7.000 6.733 $ 1,832.24 360 1-Apr-29
4997488 STATEN ISLAND NY 10306 SFD 7.250 6.750 $ 2,179.55 360 1-May-29
4997608 BRIDGEWATER NJ 08807 SFD 7.500 6.750 $ 1,862.71 360 1-Jul-29
4997667 RYE NY 10580 SFD 8.250 6.750 $ 2,794.72 360 1-Jul-29
4997681 WAUKEE IA 50263 SFD 7.000 6.733 $ 2,035.83 360 1-May-29
4997957 SAN JOSE CA 95133 SFD 7.625 6.750 $ 2,548.06 360 1-Jun-29
4997978 EAST NORWICH NY 11732 SFD 7.375 6.750 $ 1,036.02 360 1-Jul-29
4998187 SAINT LOUIS MO 63141 SFD 7.250 6.750 $ 3,700.74 360 1-Jul-29
4999001 ROBBINSVILLE NJ 08691 SFD 7.875 6.750 $ 1,825.37 360 1-Jul-29
4999182 MANHASSET NY 11030 SFD 7.125 6.750 $ 2,088.53 360 1-Jul-29
4999364 FORT LEE NJ 07024 SFD 7.250 6.750 $ 2,286.65 360 1-Jun-29
4999390 LEXINGTON MA 02173 SFD 7.250 6.750 $ 1,964.67 360 1-Jul-29
4999441 SAYVILLE NY 11782 SFD 7.875 6.750 $ 2,726.27 360 1-Jul-29
4999683 SUNNYVALE CA 94087 SFD 6.750 6.483 $ 4,215.89 360 1-Jun-29
4999842 NORWALK CT 06851 SFD 7.125 6.750 $ 2,694.88 360 1-Jun-29
4999980 DESTIN FL 32541 SFD 7.250 6.750 $ 2,373.98 360 1-May-29
5000018 MONTVILLE NJ 07045 SFD 7.250 6.750 $ 2,646.84 360 1-Jul-29
5000030 KEWASKUM WI 53040 SFD 7.250 6.750 $ 2,967.47 360 1-Jun-29
5000282 NEW PROVIDENCE NJ 07974 SFD 7.625 6.750 $ 1,849.12 360 1-Jul-29
5000368 MEDFIELD MA 02052 SFD 7.250 6.750 $ 2,660.49 360 1-Jul-29
5000388 BERKELEY HEIGHTS NJ 07922 SFD 7.500 6.750 $ 1,887.88 360 1-Jul-29
5000798 SUNNYVALE CA 94087 SFD 7.375 6.750 $ 2,375.93 360 1-Jun-29
5001067 CANNON FALLS MN 55009 SFD 6.875 6.608 $ 1,705.39 360 1-Jun-29
5001090 SEVERNA PARK MD 21146 SFD 7.125 6.750 $ 3,368.60 360 1-Jun-29
5001104 FAIRFIELD CT 06430 SFD 7.375 6.750 $ 1,823.39 360 1-Jun-29
5001149 ESCONDIDO CA 92025 SFD 7.375 6.750 $ 2,541.68 360 1-Mar-29
5001389 OCEANSIDE NY 11572 SFD 7.375 6.750 $ 2,251.60 360 1-May-29
5001577 RALEIGH NC 27603 SFD 7.000 6.733 $ 679.94 360 1-Apr-29
5001589 AURORA CO 80015 SFD 7.125 6.750 $ 1,908.64 360 1-May-29
5001694 ROCKVILLE CENTRE NY 11570 SFD 6.750 6.483 $ 1,893.91 360 1-Jun-29
5001840 NORTH CARROLLTON MS 38930 SFD 7.125 6.750 $ 1,953.78 360 1-Jun-29
5001943 REDWOOD CITY CA 94062 SFD 8.000 6.750 $ 2,568.18 360 1-Jul-29
5002565 WOODBURY NY 11797 LCO 7.625 6.750 $ 1,523.53 360 1-Jul-29
5002885 DALLAS TX 75206 LCO 7.750 6.750 $ 137.91 360 1-Jun-29
5002893 PIEDMONT CA 94611 SFD 7.375 6.750 $ 2,279.23 360 1-Jun-29
5003068 LOS GATOS CA 95032 SFD 7.000 6.733 $ 4,211.37 360 1-Jun-29
5003159 NORWALK CT 06855 SFD 6.750 6.483 $ 2,594.40 360 1-Jul-29
5003809 FOREST HILLS NY 11375 SFD 7.000 6.733 $ 3,113.62 360 1-Jun-29
5004125 HUNTINGTON BEACH CA 92649 SFD 6.875 6.608 $ 3,087.57 360 1-Jun-29
5004498 HOLMDEL NJ 07733 SFD 7.625 6.750 $ 2,887.80 360 1-Jul-29
5004555 SOUTHBOROUGH MA 01772 SFD 7.625 6.750 $ 2,088.00 360 1-Jun-29
5004841 NEW YORK NY 10011 HCO 7.750 6.750 $ 2,256.70 360 1-Jul-29
5005040 OAK BLUFFS MA 02557 SFD 6.875 6.608 $ 1,891.96 360 1-Jun-29
5005172 LAKE OZARK MO 65049 SFD 7.250 6.750 $ 1,800.26 360 1-May-29
5005304 STEWARTSVILLE NJ 08886 SFD 7.125 6.750 $ 1,856.10 360 1-Jul-29
5005483 SMITHFIELD VA 23430 SFD 6.500 6.233 $ 1,967.00 360 1-Jun-29
5005879 HALLANDALE FL 33009 SFD 7.375 6.750 $ 3,660.58 360 1-May-29
5006014 NORTHPORT NY 11768 SFD 6.875 6.608 $ 2,332.10 360 1-Jun-29
5006295 WILTON CT 06897 SFD 7.250 6.750 $ 3,717.87 360 1-Jun-29
5006325 FREMONT CA 94536 PUD 7.250 6.750 $ 2,537.70 360 1-Jul-29
5006377 HALLANDALE FL 33009 SFD 7.500 6.750 $ 2,041.71 360 1-May-29
5006728 PALM CITY FL 34990 SFD 7.750 6.750 $ 2,149.24 360 1-Jul-29
5006891 MONTCLAIR NJ 07042 SFD 7.500 6.750 $ 3,244.36 360 1-Jul-29
5006894 GOLETA CA 93117 SFD 7.000 6.733 $ 2,195.50 360 1-May-29
5007094 OAK PARK IL 60302 SFD 7.250 6.750 $ 2,476.30 360 1-Jul-29
5007113 NEW YORK NY 10028 COP 7.250 6.750 $ 3,112.09 360 1-Jul-29
5007157 KATONAH NY 10536 SFD 7.250 6.750 $ 2,046.53 360 1-Jul-29
5007273 SAN JOSE CA 95135 SFD 7.375 6.750 $ 3,135.67 360 1-Jun-29
5007294 LARCHMONT NY 10538 SFD 7.250 6.750 $ 6,821.77 360 1-Jul-29
5007506 SUNNYVALE CA 94086 SFD 8.250 6.750 $ 2,396.55 360 1-Jul-29
5007645 NANTUCKET MA 02554 SFD 7.375 6.750 $ 2,156.09 300 1-Jun-24
5007672 MONTVILLE NJ 07045 SFD 6.750 6.483 $ 1,773.92 360 1-Jun-29
5007757 CANTON GA 30115 SFD 7.375 6.750 $ 2,051.31 360 1-May-29
5007937 WOODLAND HILLS CA 91364 SFD 7.500 6.750 $ 2,349.37 360 1-Jul-29
5007946 SAN DIEGO CA 92110 SFD 7.375 6.750 $ 2,099.66 360 1-Jun-29
5008183 CORTLANDT MANOR NY 10567 SFD 7.000 6.733 $ 1,829.59 360 1-Jul-29
5008207 SAN ANTONIO TX 78230 SFD 7.000 6.733 $ 3,326.52 360 1-Jun-29
5008283 BEDFORD NY 10549 SFD 7.375 6.750 $ 1,982.93 360 1-Jul-29
5008379 TENAFLY NJ 07670 SFD 6.625 6.358 $ 3,713.80 360 1-Jul-29
5008398 ISLIP NY 11751 SFD 6.875 6.608 $ 1,806.56 360 1-Jul-29
5008439 IRVINE CA 92612 SFD 8.250 6.750 $ 1,961.98 360 1-Jun-29
5008623 FRISCO TX 75034 SFD 7.125 6.750 $ 1,881.03 360 1-Jul-29
5008855 WYNNEWOOD PA 19096 SFD 7.250 6.750 $ 3,978.46 360 1-Jul-29
5008980 KINGS PARK NY 11787 SFD 6.875 6.608 $ 1,379.56 360 1-Jul-29
5009100 GREAT NECK NY 11024 SFD 7.375 6.750 $ 3,384.31 360 1-Jun-29
5009106 VALHALLA NY 10595 SFD 7.250 6.750 $ 1,841.88 360 1-Jun-29
5009309 TUXEDO NY 10987 SFD 7.250 6.750 $ 2,276.28 240 1-Jul-19
5009341 NEW YORK NY 10028 HCO 7.250 6.750 $ 3,862.83 360 1-Jul-29
5009629 LAGUNA BEACH CA 92651 SFD 7.250 6.750 $ 2,169.33 360 1-Jun-29
5009688 COLD SPRING HARBOR NY 11724 SFD 7.750 6.750 $ 4,069.23 360 1-Jul-29
5009735 WHITE PLAINS NY 10605 SFD 8.000 6.750 $ 2,113.25 360 1-Jul-29
5009830 GREENWICH CT 06836 SFD 7.250 6.750 $ 2,899.25 360 1-Jun-29
5009858 PRINCETON NJ 08540 SFD 7.125 6.750 $ 3,368.60 360 1-Jun-29
5009903 REDMOND WA 98053 SFD 7.125 6.750 $ 1,771.88 360 1-May-29
5010118 POTOMAC MD 20854 SFD 6.750 6.483 $ 3,964.24 360 1-Jul-29
5010650 PALATINE IL 60067 SFD 7.500 6.750 $ 1,824.95 360 1-May-29
5011179 FALLSTON MD 21047 SFD 7.625 6.750 $ 1,783.64 360 1-Jun-29
5011303 SILVER SPRING MD 20904 SFD 7.000 6.733 $ 1,874.16 360 1-Jun-29
5011367 BEDFORD MA 01730 SFD 8.125 6.750 $ 2,301.75 360 1-Jul-29
5011458 BEDFORD NH 03110 SFD 7.250 6.750 $ 2,123.28 360 1-Jun-29
5011575 GARDEN CITY NY 11530 SFD 6.625 6.358 $ 2,113.03 360 1-Jun-29
5011666 BOTHELL WA 98012 SFD 7.125 6.750 $ 1,953.79 360 1-May-29
5011814 PRAIRIEVILLE LA 70769 SFD 7.250 6.750 $ 2,319.40 360 1-Jun-29
5011913 MORAGA CA 94556 SFD 6.750 6.483 $ 3,243.00 360 1-Jun-29
5011982 BAYSIDE NY 11361 SFD 7.500 6.750 $ 2,307.41 360 1-Jun-29
5012439 CORTLANDT MANOR NY 10567 SFD 7.375 6.750 $ 2,037.50 360 1-Jun-29
5012606 KEY WEST FL 33040 SFD 7.500 6.750 $ 2,517.17 360 1-Jun-29
5012610 NEW YORK NY 10013 HCO 7.500 6.750 $ 3,062.56 360 1-Jul-29
5012716 HOUSTON TX 77057 SFD 6.750 6.483 $ 2,197.46 360 1-Jun-29
5012783 PORT JEFFERSON NY 11777 SFD 8.000 6.750 $ 2,251.49 360 1-Jul-29
5012794 FORT WORTH TX 76132 SFD 7.000 6.733 $ 1,972.62 360 1-Jul-29
5012798 KITTY HAWK NC 27949 LCO 7.625 6.750 $ 465.73 360 1-Jul-29
5012856 BRANCHBURG NJ 08876 SFD 7.500 6.750 $ 2,087.16 360 1-Jul-29
5013155 ARLINGTON MA 02174 SFD 7.250 6.750 $ 2,002.87 360 1-Jun-29
5013218 IRVING TX 75038 SFD 7.250 6.750 $ 2,728.71 360 1-Jun-29
5013300 MARIETTA GA 30062 SFD 7.250 6.750 $ 1,963.65 360 1-Jul-29
5013306 THOUSAND OAKS CA 91360 SFD 7.000 6.733 $ 2,661.21 360 1-Jun-29
5013385 BROOKLYN NY 11228 SFD 7.375 6.750 $ 2,072.03 360 1-Jun-29
5013551 NEW ALBANY OH 43054 SFD 8.000 6.750 $ 6,438.79 360 1-Jul-29
5013698 DIX HILLS NY 11746 SFD 7.500 6.750 $ 2,489.21 360 1-Jul-29
5013791 ARLINGTON HEIGHTS IL 60005 SFD 6.875 6.608 $ 1,891.96 360 1-Jul-29
5013832 TALLAHASSEE FL 32312 SFD 6.875 6.608 $ 2,207.94 360 1-May-29
5013907 GEORGETOWN TX 78628 SFD 7.125 6.750 $ 2,248.20 360 1-Jun-29
5014050 SIMI VALLEY CA 93065 SFD 7.000 6.733 $ 2,623.96 360 1-Jun-29
5014092 ESCONDIDO CA 92025 SFD 7.500 6.750 $ 2,090.66 360 1-Jun-29
5014254 BROOKLYN NY 11231 SFD 7.625 6.750 $ 3,910.57 360 1-Jul-29
5014390 KENNELON NJ 07405 SFD 7.125 6.750 $ 2,297.38 360 1-Jun-29
5014513 FLUSHING NY 11358 SFD 7.250 6.750 $ 1,933.97 360 1-Jul-29
5014834 BELLAIRE TX 77401 SFD 7.000 6.733 $ 3,220.07 360 1-Jul-29
5014847 SAN JOSE CA 95013 SFD 7.250 6.750 $ 1,910.10 360 1-Jun-29
5015155 MARIETTA SC 29669 SFD 7.250 6.750 $ 2,326.23 360 1-Jul-29
5015439 GROTON CT 06340 SFD 7.125 6.750 $ 2,203.06 360 1-Jul-29
5015536 KINGWOOD TX 77345 PUD 6.875 6.608 $ 2,554.14 360 1-Jun-29
5015571 FAIRFIELD CT 06490 SFD 6.500 6.233 $ 2,559.88 360 1-Jul-29
5015693 BELMONT MA 02478 SFD 7.250 6.750 $ 3,247.16 360 1-Jul-29
5015744 MORRISTOWN NJ 07960 SFD 7.625 6.750 $ 2,831.18 360 1-Jul-29
5015871 TENAFLY NJ 07670 SFD 6.750 6.483 $ 2,270.09 360 1-Jun-29
5015899 FLEMINGTON NJ 08822 SFD 7.625 6.750 $ 2,797.56 360 1-Jul-29
5016262 JACKSONVILLE FL 32210 SFD 7.000 6.733 $ 2,262.03 360 1-Jul-29
5016333 OLNEY MD 20832 SFD 7.250 6.750 $ 1,940.80 360 1-Jul-29
5016354 TERRACE PARK OH 45174 SFD 7.250 6.750 $ 2,251.19 360 1-Jul-29
5016574 CONVENT STATION NJ 07960 SFD 7.250 6.750 $ 2,166.60 360 1-Jul-29
5016619 SUNNY ISLES BEACH FL 33160 HCO 7.375 6.750 $ 2,127.28 360 1-May-29
5016627 WEST HARRISON NY 10604 SFD 7.250 6.750 $ 2,660.49 360 1-Jun-29
5016697 BRIARCLIFF MANOR NY 10510 SFD 7.000 6.733 $ 1,829.59 360 1-Jul-29
5016752 HUNTINGTON NY 11743 SFD 7.250 6.750 $ 2,182.97 360 1-Jul-29
5016831 RYE BROOK NY 10573 SFD 7.125 6.750 $ 2,054.85 360 1-Jul-29
5016873 YONKERS NY 10710 SFD 7.250 6.750 $ 2,101.11 360 1-Jul-29
5016932 SAN JOSE CA 95135 SFD 7.000 6.733 $ 1,921.40 360 1-Jun-29
5016959 SAN JOSE CA 95131 SFD 7.250 6.750 $ 2,592.27 360 1-Jun-29
5017097 RIDGEFIELD CT 06877 SFD 7.375 6.750 $ 1,951.16 360 1-Jun-29
5017155 ACTON MA 01720 SFD 7.250 6.750 $ 2,128.39 360 1-May-29
5017162 SETAUKET NY 11733 SFD 7.125 6.750 $ 2,324.33 360 1-Jun-29
5017257 OVIEDO FL 32765 SFD 7.000 6.733 $ 2,252.05 360 1-May-29
5017529 HOUSTON TX 77056 SFD 6.875 6.608 $ 2,299.26 360 1-Jul-29
5017592 SANTA CLARA CA 95054 SFD 7.500 6.750 $ 2,349.16 360 1-Jul-29
5017609 SHERBORN MA 01770 SFD 6.625 6.358 $ 3,688.20 360 1-Jun-29
5017771 HUNTINGTON BEACH CA 92649 SFD 7.250 6.750 $ 3,192.59 360 1-Jul-29
5017784 NEW CANAAN CT 06840 SFD 7.125 6.750 $ 5,046.16 360 1-Jul-29
5017793 RANDOLPH NJ 07945 SFD 6.625 6.358 $ 2,330.74 360 1-Jun-29
5017824 TENAFLY NJ 07670 SFD 7.000 6.733 $ 2,993.87 360 1-Jul-29
5017881 BROOKLYN NY 11200 SFD 7.125 6.750 $ 1,913.37 360 1-Jun-29
5017933 PLYMOUTH MN 55447 SFD 7.000 6.733 $ 1,958.65 360 1-May-29
5018020 WESTFIELD NJ 07090 SFD 7.500 6.750 $ 1,905.36 360 1-Jul-29
5018144 MCLEAN VA 22102 SFD 7.000 6.733 $ 5,151.44 360 1-Jun-29
5018263 PLANO TX 75093 SFD 7.375 6.750 $ 2,696.40 360 1-Jun-29
5018268 PRIOR LAKE MN 55372 SFD 7.250 6.750 $ 2,627.75 360 1-Jun-29
5018316 ELLICOTT MD 21042 SFD 7.250 6.750 $ 1,910.10 360 1-Jul-29
5018331 DEMAREST NJ 07627 SFD 7.125 6.750 $ 4,284.85 360 1-Jul-29
5018338 ARDSLEY NY 10502 SFD 6.500 6.233 $ 2,465.07 360 1-Jul-29
5018342 GROSSE POINTE PARK MI 48230 SFD 7.375 6.750 $ 2,762.71 360 1-May-29
5018392 LYNNFIELD MA 01940 SFD 7.500 6.750 $ 2,698.97 360 1-Jun-29
5018562 BELMONT MA 02478 SFD 7.625 6.750 $ 1,981.83 360 1-Jul-29
5018660 MIAMI BEACH FL 33140 SFD 6.875 6.608 $ 1,980.65 360 1-Jul-29
5018704 DEVON PA 19333 SFD 6.500 6.233 $ 3,135.06 360 1-Jul-29
5018779 MUKILTEO WA 98275 SFD 6.750 6.483 $ 2,204.91 360 1-Jun-29
5018926 FRISCO TX 75034 SFD 7.625 6.750 $ 1,727.02 360 1-Jul-29
5018974 WHITESTONE NY 11357 SFD 6.750 6.483 $ 1,852.40 360 1-Jun-29
5019030 CORAL SPRINGS FL 33076 SFD 7.000 6.733 $ 2,494.88 360 1-Jun-29
5019197 RANCHO PALOS CA 90503 SFD 6.750 6.483 $ 4,215.89 360 1-Jul-29
5019239 OAKTON VA 22124 SFD 6.500 6.233 $ 3,726.68 360 1-Jul-29
5019363 BAYSIDE NY 11364 SFD 7.125 6.750 $ 1,793.78 360 1-Jul-29
5019375 CANYON LAKE CA 92587 SFD 7.125 6.750 $ 1,917.41 360 1-Jul-29
5019390 WRENTHAM MA 02093 SFD 7.250 6.750 $ 2,291.44 360 1-Jun-29
5019408 RIVERSIDE CT 06878 SFD 7.000 6.733 $ 6,653.03 360 1-Jul-29
5019413 UPPER MARLBORO MD 20772 SFD 7.375 6.750 $ 1,752.24 360 1-May-29
5019438 UPPER SADDLE RIVER NJ 07458 SFD 7.000 6.733 $ 3,459.57 360 1-Jun-29
5019530 MANHASSET HILLS NY 11040 SFD 6.750 6.483 $ 1,919.85 360 1-Jul-29
5019700 PLAINVIEW NY 11803 SFD 7.000 6.733 $ 2,647.91 360 1-Jul-29
5019703 BEDFORD NY 10506 SFD 7.000 6.733 $ 3,659.17 360 1-Jul-29
5019975 COMMACK NY 11725 SFD 7.000 6.733 $ 2,395.09 360 1-Jul-29
5020189 MANHATTAN BEACH CA 90266 SFD 7.375 6.750 $ 3,004.44 360 1-Jul-29
5020190 ZIONSVILLE IN 46077 SFD 6.750 6.483 $ 1,900.40 360 1-Jul-29
5020199 WILTON CT 06897 SFD 7.375 6.750 $ 1,909.03 360 1-Jun-29
5020205 PLEASANTON CA 94566 SFD 8.125 6.750 $ 2,227.50 360 1-Jul-29
5020231 GAITHERSBURG MD 20878 SFD 6.625 6.358 $ 1,673.78 360 1-Jul-29
5020348 RIDGEFIELD CT 06877 SFD 7.125 6.750 $ 3,065.42 360 1-Jul-29
5020536 FAIR LAWN NJ 07410 SFD 7.250 6.750 $ 1,746.38 360 1-Jul-29
5020564 JACKSON TN 38305 SFD 6.875 6.608 $ 1,734.29 360 1-Jun-29
5020816 SUPERIOR CO 80027 SFD 7.000 6.733 $ 1,869.50 360 1-Jul-29
5020853 IRVINE CA 92620 SFD 7.000 6.733 $ 2,107.01 360 1-Jun-29
5020869 NANTUCKET MA 02554 SFD 7.250 6.750 $ 2,676.69 360 1-Jun-29
5020878 VALENCIA CA 91354 SFD 7.000 6.733 $ 1,925.39 360 1-May-29
5020936 WATERTOWN CT 06795 SFD 6.875 6.608 $ 1,670.24 360 1-Jul-29
5021039 SAN JOSE CA 95120 SFD 7.500 6.750 $ 2,097.64 360 1-Jun-29
5021249 ALISO VIEJO CA 92656 SFD 6.750 6.483 $ 2,629.09 360 1-Jul-29
5021309 FLORAL PARK NY 11001 SFD 7.125 6.750 $ 1,778.62 360 1-Jul-29
5021314 BEDFORD HILLS NY 10507 SFD 6.750 6.483 $ 2,931.66 360 1-Jul-29
5021352 BECKLEY WV 25801 SFD 7.000 6.733 $ 1,986.32 240 1-Jul-19
5021503 SOLON OH 44139 SFD 6.500 6.233 $ 1,704.06 360 1-Jun-29
5021685 LAFAYETTE CA 94549 SFD 7.250 6.750 $ 2,431.28 360 1-Jul-29
5021697 TUSTIN CA 92782 SFD 6.875 6.608 $ 2,706.55 360 1-Jun-29
5021751 LA PLATA MD 20646 SFD 7.750 6.750 $ 1,948.65 360 1-Jun-29
5021806 WALNUT CREEK CA 94595 SFD 7.625 6.750 $ 2,491.44 360 1-Jun-29
5021830 HOUSTON TX 77009 SFD 7.000 6.733 $ 1,990.92 360 1-Jun-29
5021842 MEDFIELD MA 02052 SFD 7.250 6.750 $ 1,830.97 360 1-Jul-29
5021893 CHAPPAQUA NY 10514 SFD 7.125 6.750 $ 2,122.22 360 1-Jul-29
5021953 BOSTON MA 02108 HCO 6.625 6.358 $ 1,792.88 360 1-Jun-29
5021979 OCEANSIDE CA 92056 SFD 8.000 6.750 $ 2,304.03 360 1-Jun-29
5022026 LARCHMONT NY 10538 SFD 7.250 6.750 $ 2,404.67 360 1-Jul-29
5022044 LITTLE SILVER NJ 07739 SFD 7.250 6.750 $ 3,492.74 360 1-Jun-29
5022133 HARLEYSVILLE PA 19438 SFD 7.000 6.733 $ 1,868.17 360 1-Jul-29
5022205 TALLAHASSEE FL 32312 SFD 7.250 6.750 $ 2,240.95 360 1-May-29
5022229 NORTHRIDGE CA 91326 SFD 7.125 6.750 $ 1,887.76 360 1-Jul-29
5022362 SEA CLIFF NY 11579 SFD 7.250 6.750 $ 1,910.10 360 1-Jul-29
5022518 TOPANGA CA 90290 SFD 7.375 6.750 $ 3,258.26 360 1-Jul-29
5022546 LOS ANGELES CA 90043 SFD 7.875 6.750 $ 1,957.69 360 1-Jun-29
5022765 BROOMFIELD CO 80020 SFD 7.000 6.733 $ 1,862.85 360 1-Jul-29
5022775 JACKSONVILLE FL 32256 SFD 7.000 6.733 $ 2,147.60 360 1-Jun-29
5022833 RIVERSIDE CT 06878 SFD 7.125 6.750 $ 2,088.53 360 1-Jul-29
5022859 NEW YORK NY 10024 COP 7.250 6.750 $ 3,069.80 360 1-Jul-29
5022877 RYE BROOK NY 10573 SFD 7.125 6.750 $ 3,031.74 360 1-Jul-29
5022902 ATLANTA GA 30327 SFD 7.250 6.750 $ 4,065.78 360 1-Jun-29
5022947 HUNTINGTON NY 11743 SFD 7.000 6.733 $ 1,809.63 360 1-Jul-29
5022974 SAN JUAN CAPISTRANO CA 92675 SFD 7.250 6.750 $ 3,103.91 360 1-Jun-29
5023004 BEXLEY OH 43209 SFD 6.875 6.608 $ 2,303.45 240 1-Jun-19
5023073 SAN DIEGO CA 92120 SFD 7.500 6.750 $ 2,108.13 360 1-Jun-29
5023151 LOS ANGELES CA 90077 SFD 7.000 6.733 $ 2,528.15 360 1-Jun-29
5023339 SEASIDE PARK NJ 08752 SFD 7.500 6.750 $ 2,657.02 360 1-Jul-29
5023430 PLEASANTON CA 94566 SFD 7.125 6.750 $ 1,839.26 360 1-Jun-29
5023446 WARWICK NY 10990 SFD 7.375 6.750 $ 1,726.69 360 1-Jun-29
5023598 BUFFALO GROVE IL 60089 SFD 7.125 6.750 $ 2,021.16 360 1-Jul-29
5023654 SAN JOSE CA 95135 SFD 8.625 6.750 $ 2,566.71 360 1-Jul-29
5023655 LA JOLLA CA 92037 LCO 7.375 6.750 $ 2,873.21 360 1-Jun-29
5023756 DANBURY CT 06811 SFD 7.125 6.750 $ 1,920.10 360 1-Jul-29
5023781 SCARSDALE NY 10583 SFD 6.625 6.358 $ 2,881.40 360 1-Jul-29
5023831 CINCINNATI OH 45243 SFD 7.125 6.750 $ 3,537.03 360 1-Jul-29
5023903 AUSTIN TX 78746 SFD 7.125 6.750 $ 2,560.14 360 1-Jun-29
5023931 TULSA OK 74137 SFD 7.250 6.750 $ 1,910.09 360 1-Jun-29
5024060 LOS ALTOS CA 94024 SFD 6.875 6.608 $ 2,956.18 360 1-Jun-29
5024063 OKEMOS MI 48864 SFD 7.500 6.750 $ 2,097.65 360 1-Jul-29
5024088 GLENDALE CA 91202 SFD 7.000 6.733 $ 2,461.62 360 1-Jun-29
5024244 WHITE PLAINS NY 10606 SFD 7.250 6.750 $ 2,353.51 360 1-Jun-29
5024289 HOUSTON TX 77005 SFD 6.875 6.608 $ 2,280.86 360 1-Jul-29
5024445 HASTINGS-ON-HUDSON NY 10706 SFD 7.250 6.750 $ 2,346.69 360 1-May-29
5024669 ALPHARETTA GA 30004 SFD 7.000 6.733 $ 2,150.26 360 1-Jul-29
5024685 MCKINNEY TX 75070 SFD 6.875 6.608 $ 2,255.24 360 1-Jun-29
5024704 NEWTON MA 02461 SFD 7.375 6.750 $ 2,088.61 360 1-Jul-29
5024707 SAN JOSE CA 95131 SFD 7.125 6.750 $ 1,869.57 360 1-Jun-29
5024737 COLTS NECK NJ 07722 SFD 7.125 6.750 $ 2,391.71 360 1-Jul-29
5024863 LAFAYETTE CA 94549 SFD 7.500 6.750 $ 3,216.39 360 1-Jul-29
5024865 SAN JOSE CA 95126 SFD 6.750 6.483 $ 2,912.21 360 1-Jul-29
5024926 LOCUST VALLEY NY 10025 SFD 7.000 6.733 $ 1,916.07 360 1-Jun-29
5024944 SAN JOSE CA 95123 SFD 7.125 6.750 $ 2,371.16 360 1-Jun-29
5024999 SAN JOSE CA 95148 SFD 6.625 6.358 $ 2,381.96 360 1-Jun-29
5025097 MORRIS TWP. NJ 07960 SFD 7.000 6.733 $ 1,862.85 360 1-Jul-29
5025116 SAN FRANCISCO CA 94114 LCO 7.375 6.750 $ 2,058.22 360 1-Jun-29
5025155 HARVARD MA 01451 SFD 7.500 6.750 $ 1,817.96 360 1-Jun-29
5025309 SAINT JAMES NY 11780 SFD 7.500 6.750 $ 1,748.04 360 1-Jul-29
5025320 SHORT HILLS NJ 07078 SFD 7.250 6.750 $ 2,728.71 360 1-Jul-29
5025399 SEATTLE WA 98115 SFD 6.875 6.608 $ 1,772.07 360 1-Jun-29
5025526 ORLANDO FL 32809 SFD 7.500 6.750 $ 2,724.27 351 1-Sep-28
5025810 DARIEN CT 06820 SFD 6.875 6.608 $ 4,072.96 360 1-Jul-29
5025850 LOS ANGELES CA 90036 SFD 7.250 6.750 $ 2,592.27 360 1-Jun-29
5025859 AURORA CO 80015 SFD 7.000 6.733 $ 1,698.85 360 1-May-29
5025904 LITTLETON CO 80123 SFD 6.750 6.483 $ 1,991.20 360 1-Jun-29
5025968 CHESTER NJ 07930 SFD 7.250 6.750 $ 2,899.25 360 1-Jul-29
5025993 POUND RIDGE NY 10576 SFD 7.125 6.750 $ 4,042.32 360 1-Jul-29
5026004 WESTON CT 06883 SFD 7.000 6.733 $ 2,860.81 360 1-Jul-29
5026065 FORT WORTH TX 76132 SFD 7.125 6.750 $ 1,724.72 360 1-Jun-29
5026136 CHAPPAQUA NY 10514 SFD 7.250 6.750 $ 2,777.82 360 1-Jun-29
5026139 PORT WASHINGTON NY 11050 SFD 6.750 6.483 $ 2,270.09 360 1-Jul-29
5026179 ATLANTA GA 30327 SFD 6.750 6.483 $ 2,409.55 360 1-Jun-29
5026206 GARDEN CITY NY 11530 SFD 6.875 6.608 $ 2,522.61 360 1-Jul-29
5026226 MONTGOMERY TWP NJ 08540 SFD 7.500 6.750 $ 3,216.39 360 1-Jun-29
5026399 CHAPEL HILL NC 27814 SFD 7.125 6.750 $ 1,757.06 360 1-Jul-29
5026453 OCEANPORT NJ 07757 SFD 7.625 6.750 $ 1,911.05 360 1-Jul-29
5026473 NORTH SALEM NY 10560 SFD 7.250 6.750 $ 3,105.27 360 1-Jun-29
5026477 JERICHO NY 11753 SFD 7.125 6.750 $ 2,088.53 360 1-Jul-29
5026557 PHILADELPHIA PA 19103 SFD 6.875 6.608 $ 3,284.65 360 1-Jul-29
5026612 MERRICK NY 11566 SFD 6.750 6.483 $ 2,516.56 360 1-Jul-29
5026638 GREENWICH CT 06831 LCO 7.250 6.750 $ 2,196.61 360 1-Jul-29
5026667 SCARSDALE NY 10583 SFD 7.125 6.750 $ 2,614.03 360 1-Jun-29
5026701 LINCOLN MA 01773 SFD 7.250 6.750 $ 2,899.25 360 1-Jul-29
5026844 DALLAS TX 75225 SFD 6.750 6.483 $ 2,529.54 360 1-Jul-29
5026845 FORT LAUDERDALE FL 33301 SFD 7.125 6.750 $ 3,581.83 360 1-Jul-29
5026928 LA HONDA CA 94020 SFD 7.375 6.750 $ 1,854.47 360 1-Jun-29
5027005 EAST MARION NY 11939 SFD 6.875 6.608 $ 1,954.37 360 1-Jul-29
5027057 BROOKLYN NY 11215 SFD 7.250 6.750 $ 2,046.53 360 1-Jul-29
5027135 FAIRFIELD CT 06490 SFD 6.625 6.358 $ 1,984.97 360 1-Jul-29
5027189 WEST FRIENDSHIP MD 21794 SFD 7.500 6.750 $ 1,862.71 360 1-Mar-29
5027226 BROOKLYN NY 11238 MF2 7.875 6.750 $ 2,811.24 360 1-Jun-29
5027240 SAN JOSE CA 95131 SFD 7.125 6.750 $ 1,879.68 360 1-Jun-29
5027337 WHITE PLAINS NY 10605 SFD 6.750 6.483 $ 2,367.39 360 1-Jun-29
5027571 PELHAM NY 10803 SFD 7.125 6.750 $ 2,021.16 360 1-Jul-29
5027572 OKLAHOMA CITY OK 73102 SFD 7.125 6.750 $ 3,368.59 360 1-Jun-29
5027587 JAMAICA PLAIN MA 02130 SFD 7.125 6.750 $ 2,203.06 360 1-Jul-29
5027596 SAN JOSE CA 95120 SFD 7.250 6.750 $ 2,421.73 360 1-Jul-29
5027838 NEW ORLEANS LA 70124 SFD 7.500 6.750 $ 1,914.10 360 1-Jun-29
5027841 SAN JOSE CA 95131 SFD 8.000 6.750 $ 2,662.84 360 1-Jun-29
5027872 FAIRFAX STATION VA 22039 SFD 6.875 6.608 $ 2,230.94 360 1-Jun-29
5027932 GLASTONBURY CT 06033 SFD 7.125 6.750 $ 1,665.44 360 1-Jul-29
5027951 WESTPORT CT 06880 SFD 7.250 6.750 $ 3,138.02 360 1-Jun-29
5027974 STAMFORD CT 06903 SFD 7.125 6.750 $ 3,099.11 360 1-Jul-29
5027981 HILLSBOROUGH CA 94010 SFD 7.250 6.750 $ 2,544.52 360 1-Jun-29
5027985 EAST BRUNSWICK NJ 08816 SFD 7.250 6.750 $ 1,804.70 360 1-Jul-29
5028034 JOHNSTOWN OH 43031 SFD 7.250 6.750 $ 1,906.68 360 1-Jun-29
5028072 BOYNTON BEACH FL 33435 SFD 7.375 6.750 $ 3,066.60 360 1-Jul-29
5028096 REDMOND WA 98053 SFD 7.000 6.733 $ 1,962.64 360 1-Jun-29
5028098 EVERGREEN CO 80439 SFD 7.125 6.750 $ 2,560.14 360 1-Jun-29
5028118 FIRCEST WA 98466 SFD 7.125 6.750 $ 1,805.57 360 1-Jun-29
5028181 LAS VEGAS NV 89120 SFD 6.875 6.608 $ 1,786.85 360 1-Jun-29
5028226 AUSTIN TX 78730 SFD 7.000 6.733 $ 2,661.21 360 1-Jun-29
5028338 BOSTON MA 02115 HCO 7.375 6.750 $ 2,320.67 360 1-Jun-29
5028341 WESTON MA 02493 SFD 7.250 6.750 $ 2,660.49 360 1-Jul-29
5028518 SAN CARLOS CA 94070 SFD 6.875 6.608 $ 2,397.80 360 1-Jun-29
5028734 FUQUAY VARINA NC 27526 SFD 7.000 6.733 $ 2,075.75 360 1-Jun-29
5028827 AVALON NJ 08202 SFD 7.375 6.750 $ 5,698.07 360 1-Jul-29
5028833 HUNTINGTON BEACH CA 92648 SFD 6.875 6.608 $ 2,463.49 360 1-Jul-29
5028881 SILVERDALE WA 98383 SFD 7.250 6.750 $ 2,756.00 360 1-Jul-29
5028920 PLANDOME NY 11030 SFD 8.000 6.750 $ 4,035.71 360 1-Jul-29
5028986 SAN DIEGO CA 92130 SFD 6.750 6.483 $ 2,594.40 360 1-Jul-29
5029078 HARRINGTON PARK NJ 07640 SFD 7.625 6.750 $ 2,123.39 360 1-Jul-29
5029089 SAN JOSE CA 95129 SFD 8.250 6.750 $ 1,855.63 360 1-Jun-29
5029154 SYOSSET NY 11791 SFD 7.250 6.750 $ 2,046.53 360 1-Jul-29
5029204 NEWTON MA 02158 SFD 7.375 6.750 $ 3,556.98 360 1-Jul-29
5029232 OLDSMAR FL 34677 SFD 7.250 6.750 $ 1,800.95 360 1-Jun-29
5029336 BENTONVILLE AR 72712 SFD 7.250 6.750 $ 2,728.71 360 1-Jun-29
5029353 COLORADO SPRINGS CO 80919 SFD 6.750 6.483 $ 2,075.52 360 1-May-29
5029402 CALABASAS CA 91301 SFD 8.250 6.750 $ 2,177.18 360 1-Jun-29
5029471 ORANGE CA 92867 SFD 7.000 6.733 $ 3,329.84 360 1-Jun-29
5029713 BEVERLY MA 01915 SFD 6.750 6.483 $ 2,594.40 360 1-Jul-29
5029847 NEW YORK NY 10024 COP 7.875 6.750 $ 2,864.03 360 1-Jul-29
5029945 NEW YORK NY 10024 COP 6.750 6.483 $ 2,510.08 360 1-Jul-29
5030012 LOS ANGELES CA 90048 SFD 7.250 6.750 $ 2,032.89 360 1-Jun-29
5030022 FRISCO TX 75034 SFD 7.000 6.733 $ 3,158.53 360 1-Jul-29
5030079 LAFAYETTE CA 94549 SFD 7.375 6.750 $ 3,121.86 360 1-Jul-29
5030093 NEW CANAAN CT 06840 SFD 6.875 6.608 $ 4,437.56 360 1-Jul-29
5030166 NORTH BEACH NJ 08008 SFD 7.375 6.750 $ 3,080.42 360 1-Jul-29
5030220 LARCHMONT NY 10538 SFD 7.250 6.750 $ 1,910.09 360 1-Jul-29
5030312 SMITHTOWN NY 11787 SFD 7.375 6.750 $ 1,312.29 360 1-Jul-29
5030319 FOSTER CITY CA 94404 SFD 7.250 6.750 $ 3,138.02 360 1-Jul-29
5030398 CLAYTON CA 94517 SFD 8.375 6.750 $ 2,158.61 360 1-Jun-29
5030404 SANTA ROSA CA 95409 SFD 7.250 6.750 $ 2,046.53 360 1-May-29
5030421 HAYWARD CA 94542 SFD 7.500 6.750 $ 2,272.45 360 1-Jun-29
5030457 POST FALLS ID 83854 SFD 7.125 6.750 $ 2,930.68 360 1-Jun-29
5030499 NAPA CA 94558 SFD 7.000 6.733 $ 1,995.91 360 1-May-29
5030650 CUPERTINO CA 95070 SFD 7.250 6.750 $ 2,138.63 360 1-Jun-29
5030683 MISSION VIEJO CA 92692 PUD 6.750 6.483 $ 1,842.02 360 1-Jun-29
5030752 BOSTON MA 02110 LCO 7.375 6.750 $ 2,072.03 360 1-Jul-29
5030787 LAKE ARIEL PA 18436 SFD 7.375 6.750 $ 1,989.15 360 1-Jun-29
5030839 SANTA ROSA CA 95404 SFD 7.500 6.750 $ 1,933.33 360 1-Jun-29
5030847 RYE NY 10580 SFD 7.500 6.750 $ 2,349.36 360 1-Jun-29
5030878 BIRMINGHAM AL 35213 SFD 7.000 6.733 $ 2,673.86 360 1-Jun-29
5030897 SAN JOSE CA 95138 SFD 7.250 6.750 $ 3,997.56 360 1-Jun-29
5030925 SANTA CLARA CA 95051 SFD 7.375 6.750 $ 1,823.39 360 1-Jun-29
5030981 CORONA DEL MAR CA 92625 SFD 7.375 6.750 $ 2,748.89 360 1-Jun-29
5031004 LONG BEACH CA 90803 PUD 7.375 6.750 $ 2,054.76 360 1-Jun-29
5031022 DURANGO CO 81301 SFD 7.875 6.750 $ 730.51 360 1-Jun-29
5031048 EASTON CT 06612 SFD 7.250 6.750 $ 2,524.06 360 1-Jul-29
5031049 CENTERVILLE VA 20120 SFD 6.875 6.608 $ 1,840.06 360 1-Jun-29
5031067 SCOTTS VALLEY CA 95066 SFD 7.625 6.750 $ 3,056.26 360 1-Jun-29
5031131 SARATOGA CA 95070 SFD 8.250 6.750 $ 3,606.08 360 1-Jun-29
5031151 LONG BEACH CA 90802 HCO 7.750 6.750 $ 1,933.96 360 1-Jul-29
5031288 MADISON NJ 07940 SFD 7.125 6.750 $ 2,820.35 360 1-Jun-29
5031377 LAKE MARY FL 32746 SFD 7.500 6.750 $ 433.52 360 1-May-29
5031414 GARDEN CITY NY 11520 SFD 6.875 6.608 $ 1,970.79 360 1-Jun-29
5031423 LAWRENCE NY 11559 SFD 7.750 6.750 $ 3,349.23 360 1-Jul-29
5031435 SAN JOSE CA 95135 SFD 7.000 6.733 $ 3,432.97 360 1-Mar-29
5031453 SAN RAMON CA 94583 SFD 7.000 6.733 $ 2,661.21 360 1-Feb-29
5031481 THORNTON CO 80241 SFD 7.500 6.750 $ 1,829.85 360 1-Apr-29
5031493 MANHATTAN BEACH CA 90266 SFD 7.250 6.750 $ 3,138.02 360 1-Jun-29
5031508 THOUSAND OAKS CA 91320 SFD 7.000 6.733 $ 2,025.85 360 1-Apr-29
5031522 EL CAJON CA 92020 SFD 6.750 6.483 $ 1,759.00 360 1-Jun-29
5031591 PITTSFIELD TOWNSHIP MI 48108 SFD 7.500 6.750 $ 2,159.88 360 1-Jun-29
5031730 LADUE MO 63124 SFD 7.000 6.733 $ 2,687.83 360 1-Jul-29
5031739 ALPHARETTA GA 30022 SFD 7.000 6.733 $ 1,867.84 360 1-Jun-29
5031770 HICKORY NC 28601 SFD 7.125 6.750 $ 2,856.57 360 1-Jul-29
5031779 TALLAHASSEE FL 32312 SFD 7.250 6.750 $ 1,882.13 360 1-Jun-29
5031954 SUDBURY MA 01776 SFD 7.125 6.750 $ 3,503.34 360 1-Apr-29
5031963 KIRKWOOD MO 63122 SFD 7.250 6.750 $ 3,308.55 360 1-Feb-29
5031994 SAN JOSE CA 95136 SFD 6.875 6.608 $ 1,675.17 360 1-Apr-29
5032015 AUSTIN TX 78730 SFD 7.000 6.733 $ 2,708.78 360 1-Jun-29
5032045 NORTHBROOK IL 60062 SFD 7.125 6.750 $ 2,375.27 360 1-Jul-29
5032059 SAN DIEGO CA 92110 SFD 7.500 6.750 $ 2,125.62 360 1-Jun-29
5032061 COS COB CT 06807 SFD 7.375 6.750 $ 1,743.96 360 1-Jul-29
5032088 BARTONVILLE TX 76226 SFD 7.000 6.733 $ 1,671.58 360 1-Jun-29
5032184 HOUSTON TX 77019 SFD 7.250 6.750 $ 6,207.80 360 1-Jun-29
5032186 TULSA OK 74137 SFD 7.000 6.733 $ 2,040.48 360 1-Jun-29
5032190 ALMA AR 72956 SFD 7.375 6.750 $ 1,892.45 360 1-Jul-29
5032203 OKLAHOMA CITY OK 73170 SFD 6.875 6.608 $ 1,918.23 360 1-Jul-29
5032271 WALNUT CA 91789 SFD 7.000 6.733 $ 1,692.53 360 1-Apr-29
5032402 FEDERAL WAY WA 98023 SFD 7.000 6.733 $ 2,128.97 360 1-Jun-29
5032406 NORTHRIDGE CA 91326 SFD 7.250 6.750 $ 1,910.10 360 1-Jun-29
5032440 PLEASANTON CA 94566 SFD 6.625 6.358 $ 1,920.93 360 1-May-29
5032454 LOS ANGELES CA 90035 SFD 7.625 6.750 $ 1,981.83 360 1-Jun-29
5032488 NORTHRIDGE AREA CA 91324 SFD 6.750 6.483 $ 1,660.41 360 1-Apr-29
5032510 SUNNYVALE CA 94087 SFD 7.250 6.750 $ 2,421.05 360 1-Jun-29
5032571 TEWKSBURY NJ 08833 SFD 7.250 6.750 $ 5,034.47 360 1-Jun-29
5032601 SOUTH JORDAN UT 84095 SFD 7.125 6.750 $ 1,785.35 360 1-Mar-29
5032605 KANSAS CITY MO 64113 SFD 7.250 6.750 $ 3,874.42 360 1-Jun-29
5032655 COMMERCE TOWNSHIP MI 48382 SFD 7.750 6.750 $ 1,757.01 360 1-Nov-28
5032671 SHAVERTOWN PA 18708 SFD 6.625 6.358 $ 1,844.10 360 1-Jul-29
5032679 ENCINITAS CA 92024 SFD 7.500 6.750 $ 3,642.91 360 1-Apr-29
5032700 OCEAN CITY NJ 08226 LCO 7.875 6.750 $ 2,608.07 360 1-May-29
5032715 POWAY CA 92064 SFD 7.625 6.750 $ 2,831.18 360 1-Jun-29
5032736 FAIRFIELD CT 06430 SFD 6.375 6.108 $ 2,052.23 360 1-Apr-29
5032791 MISSION VIEJO CA 92692 SFD 7.500 6.750 $ 2,622.06 360 1-Jul-29
5032795 CLOSTER NJ 07624 SFD 7.250 6.750 $ 2,728.71 360 1-Jun-29
5032846 ROUND TOP TX 78954 SFD 7.000 6.733 $ 1,763.05 360 1-Jul-29
5032901 HUNTINGTON BEACH CA 92649 SFD 6.625 6.358 $ 2,049.00 360 1-Jun-29
5033007 TAKOMA PARK MD 20912 SFD 7.125 6.750 $ 2,128.96 360 1-Jul-29
5033075 DUNSTABLE MA 01827 SFD 7.125 6.750 $ 1,837.90 360 1-Mar-29
5033117 BELLE MEAD NJ 08502 SFD 7.250 6.750 $ 2,368.52 360 1-Jun-29
5033132 SPRING TX 77378 PUD 6.875 6.608 $ 2,154.73 360 1-Jun-29
5033136 DALLAS TX 75240 SFD 7.250 6.750 $ 2,728.71 360 1-Jul-29
5033140 SOUTHLAKE TX 76092 SFD 6.875 6.608 $ 2,039.11 360 1-Jun-29
5033167 PARKVILLE MO 64152 SFD 7.125 6.750 $ 2,101.33 360 1-Apr-29
5033193 CLARENDON HILLS IL 60514 SFD 6.875 6.608 $ 3,836.46 360 1-Apr-29
5033228 NAPERVILLE IL 60564 SFD 7.375 6.750 $ 1,864.83 360 1-Apr-29
5033246 LAFAYETTE CO 80026 SFD 7.375 6.750 $ 2,569.32 360 1-Jun-29
5033262 BROOKLYN NY 11201 SFD 7.625 6.750 $ 5,945.47 360 1-Jul-29
5033272 SUDBURY MA 01776 SFD 6.750 6.483 $ 2,539.27 360 1-Apr-29
5033285 HUNTINGTON BEACH CA 92646 SFD 7.000 6.733 $ 1,975.95 360 1-Apr-29
5033291 RICHMOND VA 23220 SFD 7.625 6.750 $ 2,163.02 360 1-Dec-28
5033364 LOS GATOS CA 95030 SFD 7.375 6.750 $ 2,451.90 360 1-Jun-29
5033370 BERKELEY CA 94707 SFD 7.375 6.750 $ 2,641.84 360 1-Jul-29
5033393 MILTON MA 02186 SFD 6.875 6.608 $ 1,918.23 360 1-Dec-28
5033406 SANTA FE NM 87505 SFD 7.250 6.750 $ 1,964.67 360 1-Jun-29
5033409 SAN DIEGO CA 92103 SFD 7.000 6.733 $ 3,385.06 360 1-Jul-29
5033420 PUTNAM VALLEY NY 10579 SFD 7.375 6.750 $ 1,864.83 360 1-Jul-29
5033426 TROY MI 48098 SFD 6.750 6.483 $ 1,969.80 360 1-Apr-29
5033480 MIAMI FL 33156 SFD 6.500 6.233 $ 2,578.84 360 1-Jul-29
5033508 PACIFIC PALISADES CA 90272 SFD 7.375 6.750 $ 3,453.38 360 1-Jun-29
5033521 MOUNT VERNON NY 10552 SFD 7.500 6.750 $ 2,444.46 360 1-Jul-29
5033523 POWAY CA 92064 SFD 7.750 6.750 $ 2,202.97 360 1-Apr-29
5033528 SAN MATEO CA 94402 SFD 6.750 6.483 $ 3,434.98 360 1-Jul-29
5033533 MOUNTAIN GREEN UT 84050 SFD 7.375 6.750 $ 2,244.69 360 1-Feb-29
5033555 SANBORNTON NH 03269 SFD 7.500 6.750 $ 2,032.62 360 1-Jan-29
5033571 OYSTER BAY COVE NY 11771 SFD 6.750 6.483 $ 1,945.79 360 1-Jul-29
5033605 LOS ANGELES CA 90034 SFD 6.625 6.358 $ 1,997.78 360 1-Jun-29
5033624 FRIENDSWOOD TX 77546 SFD 7.000 6.733 $ 1,744.76 360 1-Apr-29
5033635 PRINCETON NJ 08540 SFD 7.625 6.750 $2,425.97 360 1-Jun-29
5033660 MIAMI BEACH FL 33139 HCO 8.125 6.750 $ 1,943.49 360 1-Jul-29
5033705 ORLANDO FL 32824 SFD 6.750 6.483 $ 1,660.42 360 1-Apr-29
5033742 SAN DIEGO CA 92131 SFD 7.000 6.733 $ 1,798.98 360 1-Jun-29
5033778 SAN CARLOS CA 94070 SFD 7.125 6.750 $ 2,196.32 360 1-Apr-29
5033786 SAN JOSE CA 95120 SFD 7.000 6.733 $ 2,719.76 360 1-Apr-29
5033828 MORGAN HILL CA 95037 SFD 6.750 6.483 $ 2,185.78 360 1-Apr-29
5033837 CROZET VA 22932 SFD 7.250 6.750 $ 2,387.62 360 1-Jan-29
5033858 THOUSAND OAKS CA 91360 SFD 6.875 6.608 $ 1,990.49 360 1-May-29
5033872 DANVILLE CA 94526 SFD 6.875 6.608 $ 1,918.23 360 1-May-29
5033894 VENTURA CA 93001 SFD 7.000 6.733 $ 2,228.76 360 1-May-29
5033897 SCOTTSDALE AZ 85255 SFD 6.875 6.608 $ 1,831.52 360 1-Apr-29
5033920 CUPERTINO CA 95014 SFD 7.375 6.750 $ 3,080.41 360 1-May-29
5033928 PASADENA CA 91103 SFD 7.000 6.733 $ 2,794.28 360 1-Jun-29
5033946 BROOKLYN NY 11231 HCO 8.000 6.750 $ 1,948.15 360 1-Jul-29
5033965 FREMONT CA 94536 SFD 6.875 6.608 $ 1,970.79 360 1-May-29
5033967 NEW YORK NY 10025 HCO 7.125 6.750 $ 3,705.46 360 1-Jul-29
5033987 MADISON CT 06443 SFD 6.625 6.358 $ 3,457.68 360 1-Jul-29
5034098 MURPHYS CA 95247 SFD 7.250 6.750 $ 1,719.09 360 1-Jul-29
5034102 GLASTONBURY CT 06033 SFD 6.625 6.358 $ 2,209.08 360 1-Jun-29
5034104 LANDENBERG PA 19350 SFD 6.500 6.233 $ 3,002.33 360 1-Jun-29
5034110 MORAGA CA 94556 SFD 7.125 6.750 $ 2,054.85 360 1-Jun-29
5034157 ENCINO CA 91436 SFD 7.500 6.750 $ 4,523.92 360 1-Jun-29
5034203 CAMARILLO CA 93012 SFD 7.625 6.750 $ 2,366.16 360 1-Jun-29
5034310 MILPITAS CA 95035 SFD 7.000 6.733 $ 1,756.40 360 1-Apr-29
5034326 SEATTLE WA 98028 SFD 7.375 6.750 $ 1,899.36 360 1-Jun-29
5034370 UNION CITY CA 94587 SFD 7.125 6.750 $ 3,179.96 360 1-Jun-29
5034427 LOS GATOS CA 95033 SFD 7.125 6.750 $ 2,829.62 360 1-Apr-29
5034459 BETHESDA MD 20817 SFD 6.750 6.483 $ 4,215.89 360 1-Mar-29
5034480 THOUSAND OAKS CA 91362 SFD 7.500 6.750 $ 1,866.91 360 1-Jun-29
5034528 CAMPBELL CA 95008 SFD 7.125 6.750 $ 1,730.11 360 1-Jul-29
5034610 WILTON CT 06897 SFD 7.375 6.750 $ 4,160.63 360 1-Jul-29
5034612 FOSTER CITY CA 94404 SFD 7.250 6.750 $ 2,251.19 360 1-Jun-29
5034613 LEXINGTON MA 02421 SFD 7.250 6.750 $ 2,660.49 360 1-Apr-29
5034621 CHARLOTTE NC 28207 SFD 6.875 6.608 $ 2,102.18 360 1-Apr-29
5034664 LEESBURG VA 20176 SFD 6.500 6.233 $ 2,265.97 360 1-Apr-29
5034675 SAN CARLOS CA 94070 SFD 7.375 6.750 $ 2,113.47 360 1-May-29
5034677 SCOTTSDALE AZ 85253 SFD 7.250 6.750 $ 2,139.65 360 1-Apr-29
5034701 ELLICOTT CITY MD 21042 SFD 7.000 6.733 $ 1,703.18 360 1-Mar-29
5034733 LITTLE ROCK AR 72223 SFD 7.500 6.750 $ 2,412.29 360 1-Jul-29
5034765 GREAT FALLS VA 22066 SFD 7.625 6.750 $ 1,769.49 360 1-Jun-29
5034839 FORT WORTH TX 76109 SFD 7.125 6.750 $ 2,694.87 360 1-Jun-29
5034849 N BETHESDA MD 20852 SFD 7.375 6.750 $ 2,107.25 360 1-Apr-29
5034978 HUNTINGTON BEACH CA 92649 SFD 7.500 6.750 $3,863.17 360 1-Jun-29
5035010 DALLAS TX 75209 SFD 7.125 6.750 $6,578.87 360 1-Jul-29
5035033 HOUSTON TX 77030 SFD 6.875 6.608 $2,007.58 360 1-Jul-29
5035116 LOS OLIVOS CA 93441 SFD 7.250 6.750 $ 1,773.66 360 1-Jun-29
5035165 TAMPA FL 33647 SFD 7.250 6.750 $2,428.55 360 1-Jun-29
5035211 LITTLETON CO 80125 SFD 7.000 6.733 $1,726.38 360 1-Jun-29
5035298 RANCHO STA MARGARITA CA 92688 SFD 7.500 6.750 $ 1,992.77 360 1-Jun-29
5035313 PELHAM NY 10803 SFD 8.125 6.750 $ 3,474.89 360 1-Jul-29
5035343 LONG BEACH CA 90803 SFD 7.000 6.733 $1,856.20 360 1-May-29
5035363 CALABASAS CA 91302 SFD 7.625 6.750 $2,243.71 360 1-Jun-29
5035390 FREMONT CA 94539 SFD 7.250 6.750 $ 4,161.28 360 1-Jul-29
5035391 LOS ALAMITOS CA 90720 SFD 7.000 6.733 $ 1,952.67 360 1-May-29
5035408 NEWPORT BEACH CA 92660 SFD 7.250 6.750 $ 2,728.71 360 1-Jun-29
5035441 LAGUNA HILLS CA 92653 SFD 8.125 6.750 $2,576.47 360 1-Jun-29
5035474 TAVERNIER FL 33070 SFD 7.375 6.750 $2,873.21 360 1-Jun-29
5035504 OLD GREENWICH CT 06870 SFD 7.000 6.733 $1,696.53 360 1-Jul-29
5035509 NEWTON MA 02165 SFD 7.500 6.750 $ 1,957.81 360 1-Jul-29
5035533 LEXINGTON MA 02420 SFD 6.625 6.358 $1,920.94 360 1-Jul-29
5035539 SAN MATEO CA 94402 SFD 7.000 6.733 $ 2,443.00 360 1-Jun-29
5035587 LOS ALTOS CA 94024 SFD 8.250 6.750 $4,169.53 360 1-Jun-29
5035600 FAIRFIELD CT 06430 SFD 7.500 6.750 $ 1,901.87 360 1-Jul-29
5035608 BELMONT CA 94002 SFD 7.750 6.750 $2,865.65 360 1-Jun-29
5035632 SAN JOSE CA 95135 SFD 7.500 6.750 $ 2,901.75 360 1-Jun-29
5035672 ORANGE CA 92869 SFD 6.875 6.608 $ 1,970.79 360 1-Apr-29
5035687 HERMOSA BEACH CA 90254 SFD 6.750 6.483 $1,796.62 360 1-May-29
5035690 MOUNTAIN VIEW CA 94040 SFD 6.750 6.483 $3,787.82 360 1-Apr-29
5035691 SALT LAKE CITY UT 84103 SFD 7.000 6.733 $3,716.38 360 1-May-29
5035721 LOS GATOS CA 95030 SFD 7.125 6.750 $ 3,336.26 360 1-Apr-29
5035735 RANCHO MIRAGE CA 92270 SFD 7.250 6.750 $ 4,505.15 240 1-Jul-19
5035741 FOOTHILL RANCH AREA CA 92610 SFD 7.125 6.750 $1,842.62 360 1-Apr-29
5035763 CHAPPAQUA NY 10514 SFD 7.500 6.750 $2,291.33 360 1-Jul-29
5035772 ATLANTA GA 30308 SFD 7.250 6.750 $ 1,790.72 360 1-Jun-29
5035776 SAN JOSE CA 95120 SFD 7.125 6.750 $3,985.72 360 1-Mar-29
5035789 ELMHURST IL 60126 SFD 7.125 6.750 $2,560.13 360 1-Apr-29
5035798 BEL AIR MD 21015 SFD 7.000 6.733 $ 2,262.03 360 1-Mar-29
5035808 IRVINE CA 92602 SFD 7.125 6.750 $ 2,058.88 360 1-May-29
5035822 POWDER SPRINGS GA 30127 SFD 7.125 6.750 $ 1,777.94 360 1-Apr-29
5035824 LAGUNA NIGUEL CA 92677 SFD 7.625 6.750 $ 2,548.06 360 1-Apr-29
5035854 BOXFORD MA 01921 SFD 7.000 6.733 $ 2,548.11 360 1-Dec-28
5035876 WEST LINN OR 97068 SFD 7.000 6.733 $ 2,694.48 360 1-Apr-29
5035880 WALNUT CREEK CA 94596 SFD 7.500 6.750 $2,295.53 360 1-Jun-29
5035895 SAN CLEMENTE CA 92672 SFD 6.875 6.608 $ 1,602.91 360 1-Mar-29
5035898 MARLBOROUGH MA 01752 SFD 7.250 6.750 $2,128.40 360 1-Mar-29
5035916 ROCHESTER HILLS MI 48306 SFD 7.250 6.750 $ 2,493.36 360 1-Nov-28
5035980 BERKELEY CA 94707 SFD 6.875 6.608 $1,802.62 360 1-Apr-29
5035993 LOS GATOS CA 95032 SFD 6.625 6.358 $ 2,465.20 360 1-Apr-29
5036047 LA JOLLA CA 92037 SFD 6.875 6.608 $ 2,299.26 360 1-Jun-29
5036055 TUSTIN CA 92782 SFD 7.500 6.750 $3,579.98 360 1-Jul-29
5036073 LOS GATOS CA 95030 SFD 7.375 6.750 $ 3,377.41 360 1-Jun-29
5036129 CHAPPAQUA NY 10514 SFD 7.375 6.750 $ 4,137.15 360 1-Jul-29
5036132 WALNUT CREEK CA 94596 SFD 6.750 6.483 $2,133.89 360 1-Jun-29
5036133 MABANK TX 75147 SFD 7.250 6.750 $ 3,098.79 360 1-Jun-29
5036134 SANTA CRUZ CA 95060 SFD 7.375 6.750 $ 2,203.26 360 1-Jun-29
5036141 HOUSTON TX 77079 SFD 7.375 6.750 $2,668.41 240 1-Jul-19
5036191 POST FALLS ID 83854 SFD 7.125 6.750 $ 1,940.31 360 1-Jun-29
5036196 CENTERPORT NY 11721 SFD 7.000 6.733 $ 4,126.21 360 1-Jul-29
5036221 ALAMO CA 94507 SFD 7.750 6.750 $ 2,056.11 360 1-Jul-29
5036224 NEW YORK NY 10021 HCO 7.375 6.750 $ 1,036.01 360 1-Jun-29
5036235 CERRITOS CA 90703 SFD 7.250 6.750 $ 2,489.95 360 1-Jun-29
5036238 BOTHELL WA 98021 SFD 7.125 6.750 $ 2,203.06 360 1-Jun-29
5036253 NANUET NY 10954 LCO 7.500 6.750 $ 839.06 360 1-Jul-29
5036259 KEY WEST FL 33040 SFD 7.875 6.750 $ 2,900.28 360 1-Jul-29
5036331 MILLERSVILLE MD 21108 SFD 7.000 6.733 $ 1,667.59 360 1-Apr-29
5036336 NEW YORK NY 10016 HCO 7.375 6.750 $2,016.78 360 1-Jul-29
5036367 ANAHEIM CA 92807 SFD 6.750 6.483 $2,244.15 360 1-May-29
5036385 CUPERTINO CA 95014 SFD 6.875 6.608 $ 2,759.11 360 1-Jun-29
5036406 DANVILLE CA 94506 SFD 7.500 6.750 $2,125.62 360 1-Jul-29
5036410 MORGAN HILL CA 95037 SFD 7.125 6.750 $2,405.18 360 1-Jun-29
5036441 SOUTH SAN FRANCISCO CA 94080 SFD 7.000 6.733 $ 1,995.91 360 1-May-29
5036472 COLTON CA 92324 SFD 7.500 6.750 $ 2,485.71 360 1-May-29
5036479 LITTLE ROCK AR 72223 SFD 7.250 6.750 $ 1,841.54 360 1-Jul-29
5036533 MILPITAS CA 95035 SFD 7.250 6.750 $2,292.12 360 1-May-29
5036551 WALNUT CREEK CA 94596 SFD 6.500 6.233 $2,307.05 360 1-Apr-29
5036567 MISSION VIEJO CA 92691 SFD 7.125 6.750 $ 1,731.46 360 1-May-29
5036578 LIVERMORE CA 94550 SFD 7.125 6.750 $ 2,209.80 360 1-Jun-29
5036587 GILROY CA 95020 SFD 7.125 6.750 $1,744.94 360 1-Jun-29
5036590 CARY NC 27513 SFD 6.875 6.608 $ 1,905.10 360 1-Jul-29
5036596 OAKDALE CA 95361 SFD 7.000 6.733 $1,972.63 360 1-Mar-29
5036608 DARIEN CT 06820 SFD 6.750 6.483 $2,010.66 360 1-Jul-29
5036616 PALO ALTO CA 94303 SFD 7.625 6.750 $1,796.39 360 1-Jun-29
5036620 SAN JOSE CA 95132 SFD 6.750 6.483 $1,945.80 360 1-Apr-29
5036699 HUNTINGTON BEACH CA 92646 SFD 7.250 6.750 $ 2,489.94 360 1-May-29
5036723 SEATLLE WA 98117 SFD 7.125 6.750 $ 1,852.73 360 1-Jun-29
5036727 PLANO TX 75093 SFD 7.375 6.750 $ 2,900.84 360 1-Jul-29
5036752 NEW YORK NY 10024 LCO 7.250 6.750 $2,725.30 360 1-Jul-29
5036781 TEMECULA CA 92592 SFD 7.250 6.750 $ 1,773.66 360 1-Apr-29
5036791 GARDEN CITY NY 11530 SFD 7.750 6.750 $2,865.65 360 1-Jul-29
5036798 HERNDON VA 20171 SFD 6.500 6.233 $1,843.43 360 1-Apr-29
5036805 SAN JOSE CA 95148 SFD 6.750 6.483 $ 1,621.50 360 1-Apr-29
5036899 SCARSDALE NY 10583 SFD 6.500 6.233 $2,583.58 360 1-May-29
5036901 LARCHMONT NY 10538 SFD 6.750 6.483 $ 2,594.40 360 1-Jul-29
5036912 CHARLOTTE NC 28277 SFD 6.875 6.608 $ 1,773.71 360 1-Jul-29
5036954 SAN JOSE CA 95129 SFD 7.250 6.750 $1,903.28 360 1-Jun-29
5036961 OCCIDENTAL CA 95465 SFD 6.875 6.608 $ 3,284.65 360 1-Jul-29
5037016 DIAMOND BAR CA 91765 SFD 6.875 6.608 $ 1,931.38 360 1-Jun-29
5037109 NEWBERG OR 97132 SFD 6.875 6.608 $1,990.50 360 1-Jun-29
5037123 PLANO TX 75025 SFD 7.125 6.750 $ 1,994.21 360 1-Jul-29
5037133 FLOWER MOUND TX 75022 SFD 7.000 6.733 $ 1,763.72 360 1-Jul-29
5037220 WOODINVILLE WA 98072 SFD 7.000 6.733 $ 1,886.14 360 1-Jul-29
5037221 CARMEL CA 93921 SFD 7.000 6.733 $ 2,325.24 360 1-Jun-29
5037229 SEAL BEACH CA 90740 SFD 7.000 6.733 $ 2,448.32 360 1-May-29
5037243 LOS ANGELES CA 90049 LCO 7.125 6.750 $1,956.48 360 1-Jul-29
5037252 PORT WASHINGTON NY 11050 SFD 7.250 6.750 $ 2,046.53 360 1-Jul-29
5037257 TUSTIN CA 92782 SFD 7.000 6.733 $1,796.32 360 1-May-29
5037295 ISSAQUAH WA 98029 SFD 6.875 6.608 $2,128.45 360 1-Jun-29
5037310 BELLEVUE WA 98008 SFD 6.875 6.608 $ 1,631.82 360 1-Jul-29
5037384 HOPKINTON MA 01748 SFD 7.375 6.750 $1,699.07 360 1-Jul-29
5037428 BELLEVUE WA 98005 SFD 7.000 6.733 $ 2,163.57 360 1-Jun-29
5037438 BELLEVUE WA 98004 HCO 7.375 6.750 $ 2,864.58 360 1-Jun-29
5037453 SOLANA BEACH CA 92075 SFD 7.000 6.733 $ 2,494.89 360 1-Jul-29
5037455 HOUSTON TX 77030 SFD 7.125 6.750 $3,691.98 360 1-Jul-29
5037497 BELLAIRE TX 77401 SFD 7.250 6.750 $ 3,230.11 360 1-Jul-29
5037555 FREMONT CA 94539 SFD 7.250 6.750 $2,128.39 360 1-May-29
5037562 MINNETONKA MN 55345 SFD 7.125 6.750 $ 2,021.16 360 1-Jul-29
5037591 NORTHPORT NY 11768 SFD 7.625 6.750 $ 2,194.16 360 1-Jul-29
5037618 CASTLE ROCK CO 81404 SFD 7.250 6.750 $1,937.38 360 1-Jun-29
5037636 TULSA OK 74105 SFD 7.375 6.750 $ 2,099.65 360 1-Jun-29
5037642 MT KISCO NY 10549 SFD 7.500 6.750 $ 2,007.44 360 1-Jul-29
5037778 RIDGEFIELD CT 06877 SFD 7.375 6.750 $2,458.81 360 1-Jul-29
5037781 PLANO TX 75093 SFD 6.875 6.608 $2,509.47 360 1-Jul-29
5037849 HIDDEN HILLS CA 91302 PUD 7.250 6.750 $5,252.76 360 1-Jul-29
5037947 DALLAS TX 75209 SFD 7.000 6.733 $ 2,856.15 360 1-Jun-29
5037984 MENLO PARK CA 94025 SFD 7.375 6.750 $ 3,191.87 240 1-Jul-19
5037985 SAN RAMON CA 94583 SFD 7.375 6.750 $1,899.36 360 1-Jul-29
5038000 SAN RAFAEL CA 94901 SFD 7.375 6.750 $ 2,645.29 360 1-Jun-29
5038009 LAFAYETTE CA 94549 SFD 7.375 6.750 $2,921.56 360 1-Jul-29
5038034 ENCINITAS CA 92024 SFD 7.875 6.750 $1,906.94 360 1-Jul-29
5038036 CASTRO VALLEY CA 94546 SFD 7.625 6.750 $ 2,831.18 360 1-Jun-29
5038043 HOUSTON TX 77024 SFD 7.000 6.733 $ 4,324.47 360 1-Jul-29
5038045 LONG BEACH CA 90803 SFD 7.125 6.750 $ 2,034.63 360 1-Jul-29
5038049 MONTE SERENO CA 95030 SFD 7.250 6.750 $5,866.72 360 1-Jul-29
5038132 SAN JOSE CA 95138 PUD 8.375 6.750 $ 4,902.47 360 1-Jul-29
5038241 NANTUCKET MA 02554 SFD 7.250 6.750 $3,410.89 360 1-Jun-29
5038244 DUBLIN CA 94568 SFD 7.375 6.750 $1,664.53 360 1-May-29
5038327 DANVILLE CA 94526 SFD 6.750 6.483 $ 2,432.25 360 1-Jun-29
5038423 ALEXANDRIA VA 22309 SFD 7.250 6.750 $ 2,564.99 360 1-Jul-29
5038477 GARRISON NY 10524 SFD 8.250 6.750 $2,014.90 360 1-Jul-29
5038494 MIAMI FL 33133 SFD 7.375 6.750 $ 2,210.17 360 1-Jun-29
5038558 RENTON WA 98059 SFD 7.125 6.750 $ 2,694.88 360 1-Jun-29
5038562 WEST ELKRIDGE MD 21075 SFD 7.000 6.733 $ 1,995.91 360 1-Jun-29
5038569 SAN JOSE CA 95148 SFD 7.000 6.733 $ 1,729.79 360 1-Apr-29
5038574 REDWOOD CITY CA 94065 SFD 7.500 6.750 $3,221.99 360 1-Jun-29
5038645 FAIRFAX STATION VA 22039 SFD 7.875 6.750 $ 1,859.81 360 1-Jun-29
5038669 SANTA CLARA CA 95054 SFD 6.875 6.608 $ 2,082.46 360 1-Apr-29
5038679 MORAGA CA 94556 SFD 6.875 6.608 $2,391.22 360 1-Apr-29
5038694 SAN ANSELMO CA 94960 SFD 7.500 6.750 $2,503.19 360 1-Jun-29
5038697 DANVILLE CA 94506 SFD 6.875 6.608 $ 2,824.79 360 1-Apr-29
5038701 REDWOOD CITY CA 94061 SFD 7.750 6.750 $1,952.22 360 1-Apr-29
5038792 HILLSBOROUGH CA 94010 SFD 7.250 6.750 $ 2,046.53 360 1-Jun-29
5038793 OCEAN SPRINGS MS 39564 SFD 7.375 6.750 $ 3,177.11 360 1-Jul-29
5038803 POMPANO BEACH FL 33062 SFD 6.500 6.233 $ 1,074.52 360 1-Jun-29
5038877 WYNNEWOOD PA 19096 SFD 7.250 6.750 $ 4,093.06 360 1-Jul-29
5038901 PLANO TX 75093 PUD 7.125 6.750 $ 2,495.46 360 1-Jul-29
5038962 WEST HILLS CA 91304 SFD 6.875 6.608 $ 2,358.38 360 1-Jul-29
5039044 TAMPA FL 33602 SFD 7.375 6.750 $ 2,590.04 360 1-Jul-29
5039057 LOS ALTOS CA 94024 SFD 7.375 6.750 $ 6,846.32 360 1-Jul-29
5039099 REDMOND WA 98053 SFD 7.375 6.750 $ 2,555.50 360 1-Jun-29
5039104 SEATTLE WA 98115 SFD 7.125 6.750 $1,804.56 360 1-Jun-29
5039106 BAINBRIDGE ISLAND WA 98110 SFD 7.000 6.733 $ 2,993.87 360 1-Jul-29
5039133 LOS GATOS CA 95032 SFD 7.375 6.750 $3,798.72 360 1-Jun-29
5039167 FORT LAUDERDALE FL 33316 HCO 7.125 6.750 $ 2,021.16 360 1-Jun-29
5039353 SAN GABRIEL CA 91775 SFD 7.250 6.750 $1,746.38 360 1-May-29
5039367 EAST HAMPTON NY 11937 SFD 7.875 6.750 $ 2,175.21 360 1-Jun-29
5039368 CARLSBAD CA 92009 SFD 7.375 6.750 $ 2,293.04 360 1-May-29
5039373 SAN JOSE CA 95118 SFD 7.250 6.750 $ 2,694.60 360 1-Jun-29
5039374 SUNNYVALE CA 94087 LCO 7.250 6.750 $2,030.16 360 1-Jun-29
5039389 GLENDALE CA 91207 SFD 7.000 6.733 $ 1,777.02 360 1-May-29
5039403 SAN DIEGO CA 92014 SFD 7.375 6.750 $2,659.10 360 1-May-29
5039413 GRANITE BAY CA 95746 SFD 7.750 6.750 $ 1,180.65 360 1-May-29
5039420 LOS ANGELES CA 91350 SFD 7.000 6.733 $2,544.79 360 1-May-29
5039424 LOS ANGELES CA 90049 SFD 7.375 6.750 $3,384.31 360 1-May-29
5039431 GLENDALE CA 91202 SFD 7.500 6.750 $ 2,629.05 360 1-May-29
5039448 HAMPTON GA 30228 SFD 7.250 6.750 $1,879.40 360 1-Jul-29
5039459 LONG BEACH CA 90815 SFD 7.000 6.733 $ 1,723.14 360 1-May-29
5039507 SOUTH JORDAN UT 84095 LCO 7.375 6.750 $1,039.47 360 1-May-29
5039519 PRINCETON NJ 08540 SFD 7.000 6.733 $1,962.65 360 1-Jul-29
5039538 WESTON CT 06883 SFD 6.750 6.483 $ 2,107.95 360 1-Jul-29
5039551 SAN DIEGO CA 92130 SFD 7.500 6.750 $ 2,175.96 360 1-Jun-29
5039559 PORTLAND OR 97230 SFD 7.500 6.750 $ 1,153.70 360 1-May-29
5039571 FORT MYERS FL 33913 SFD 7.750 6.750 $ 924.18 360 1-May-29
5039575 BEVERLY HILLS CA 90212 SFD 7.000 6.733 $ 4,191.41 360 1-May-29
5039579 UNION CITY CA 94587 SFD 7.625 6.750 $2,180.00 360 1-May-29
5039583 HESPERIA CA 92345 SFD 7.750 6.750 $ 372.53 360 1-May-29
5039598 BRIGHAM CITY UT 84302 SFD 7.500 6.750 $ 1,129.23 360 1-May-29
5039603 THOUSAND OAKS CA 91320 SFD 7.500 6.750 $ 1,216.63 360 1-May-29
5039610 LOS ALTOS CA 94024 SFD 7.000 6.733 $ 3,991.81 360 1-May-29
5039614 ISSAQUAH WA 98027 SFD 7.250 6.750 $2,276.76 360 1-May-29
5039621 LITTLETON CO 80121 SFD 7.500 6.750 $ 791.51 360 1-May-29
5039628 SAN CARLOS CA 94070 LCO 7.000 6.733 $1,936.03 360 1-May-29
5039632 THOUSAND PALMS CA 92276 SFD 7.375 6.750 $ 442.03 360 1-May-29
5039633 ANCHORAGE AK 99515 SFD 7.375 6.750 $ 2,817.95 360 1-Jun-29
5039669 LOS ANGELES CA 91367 SFD 7.000 6.733 $1,663.26 360 1-May-29
5039678 DANVILLE CA 94506 SFD 7.250 6.750 $ 2,728.71 360 1-May-29
5039688 EL CAJON CA 92019 SFD 7.000 6.733 $1,942.68 360 1-May-29
5039696 MARTINEZ CA 94553 SFD 6.875 6.608 $1,838.74 360 1-May-29
5039702 SAN JOSE CA 95135 LCO 7.375 6.750 $ 2,002.96 360 1-Jun-29
5039709 ALPINE CA 91901 SFD 7.500 6.750 $1,230.62 360 1-May-29
5039717 REDMOND WA 98053 SFD 7.750 6.750 $ 1,137.66 360 1-May-29
5039719 REDWOOD CITY CA 94065 SFD 7.375 6.750 $1,999.50 360 1-May-29
5039734 SAN FRANCISCO CA 94122 SFD 6.625 6.358 $ 1,774.94 360 1-May-29
5039736 SAN DIEGO CA 92127 SFD 7.000 6.733 $ 1,164.28 360 1-May-29
5039741 MAPLETON UT 84664 SFD 7.375 6.750 $ 2,590.03 360 1-May-29
5039746 SOUTH DARTMOUTH MA 02748 SFD 6.625 6.358 $2,241.09 360 1-Jul-29
5039755 DRAPER UT 84020 SFD 7.250 6.750 $ 1,916.92 360 1-May-29
5039777 PASADENA CA 91107 SFD 7.375 6.750 $ 1,657.62 360 1-May-29
5039788 PORTLAND OR 97219 SFD 7.375 6.750 $ 897.88 360 1-May-29
5039833 MISSION VIEJO CA 92692 SFD 7.750 6.750 $ 2,220.88 360 1-Jul-29
5039899 HEMET CA 92344 SFD 7.625 6.750 $ 267.55 360 1-May-29
5039909 WHITEFISH MT 59937 SFD 7.875 6.750 $2,153.46 360 1-May-29
5039916 SANTA CLARITA CA 91351 SFD 7.625 6.750 $ 990.91 360 1-May-29
5039931 LOS ANGELES CA 91311 SFD 7.625 6.750 $1,642.08 360 1-May-29
5039936 OAKLAND CA 94611 SFD 6.875 6.608 $ 2,351.81 360 1-Jul-29
5039988 GEORGETOWN TX 78626 SFD 7.375 6.750 $ 1,774.35 360 1-Jul-29
5040045 REDONDO BEACH CA 90278 SFD 6.875 6.608 $ 1,962.91 360 1-Jul-29
5040046 SAN RAMON CA 94583 SFD 7.250 6.750 $2,789.76 360 1-Jun-29
5040049 UPPER NYACK NY 10960 SFD 7.625 6.750 $1,804.88 360 1-Jul-29
5040053 HALF MOON BAY CA 94019 SFD 7.500 6.750 $3,545.02 360 1-Jul-29
5040054 SOUTH SAN FRANCISCO CA 94080 SFD 7.000 6.733 $ 2,794.28 360 1-Jun-29
5040065 ODESSA FL 33556 SFD 7.250 6.750 $ 2,002.87 360 1-Jul-29
5040129 CHULA VISTA CA 91910 SFD 6.875 6.608 $ 1,261.30 360 1-May-29
5040133 SAN RAMON CA 94583 SFD 6.875 6.608 $ 2,488.45 360 1-Jun-29
5040136 FALLBROOK CA 92028 SFD 7.625 6.750 $ 721.95 360 1-May-29
5040144 SEATTLE WA 98177 SFD 7.125 6.750 $ 1,414.81 360 1-May-29
5040147 CORTE MADERA CA 94925 SFD 7.375 6.750 $ 2,417.37 360 1-May-29
5040155 RIVERTON UT 84065 SFD 7.250 6.750 $ 934.59 360 1-May-29
5040164 ESCONDIDO CA 92026 SFD 7.000 6.733 $ 1,069.81 360 1-May-29
5040165 HOLLY MI 48442 SFD 7.250 6.750 $ 900.47 360 1-May-29
5040173 IRVINE CA 92620 SFD 7.375 6.750 $ 4,032.85 360 1-May-29
5040174 BURBANK CA 91501 SFD 7.375 6.750 $ 3,807.00 360 1-May-29
5040180 SAN JOSE CA 95124 SFD 7.375 6.750 $1,746.03 360 1-May-29
5040188 SOLANA BEACH CA 92075 LCO 7.375 6.750 $1,933.89 360 1-May-29
5040192 SAN CLEMENTE CA 92672 SFD 7.125 6.750 $ 1,893.15 360 1-May-29
5040199 SOLANA BEACH CA 92075 SFD 7.375 6.750 $ 2,223.97 360 1-May-29
5040206 DUBLIN CA 94568 SFD 7.000 6.733 $ 1,277.05 360 1-May-29
5040210 SUNNYVALE CA 94087 SFD 7.500 6.750 $3,139.48 360 1-May-29
5040211 PASADENA CA 91106 SFD 7.125 6.750 $ 4,320.22 360 1-May-29
5040212 KEY WEST FL 33040 SFD 7.375 6.750 $1,526.40 360 1-May-29
5040214 COLORADOSPRINGS CO 80906 SFD 7.375 6.750 $1,346.82 360 1-May-29
5040224 SAN JOSE CA 95135 SFD 7.125 6.750 $ 3,087.32 360 1-May-29
5040227 INCLINE VILLAGE NV 89450 SFD 6.875 6.608 $2,186.26 360 1-May-29
5040231 WOODLAND HILLS UT 84653 SFD 7.125 6.750 $1,866.20 360 1-May-29
5040244 MORGAN HILL CA 95037 SFD 7.250 6.750 $2,150.22 360 1-May-29
5040255 MEDFORD OR 97504 SFD 7.125 6.750 $ 736.04 360 1-May-29
5040262 RENTON WA 98058 SFD 7.375 6.750 $1,027.38 360 1-May-29
5040266 SEATTLE WA 98146 SFD 7.000 6.733 $ 332.65 360 1-May-29
5040273 PHOENIX AZ 85045 SFD 7.625 6.750 $ 955.88 360 1-May-29
5040293 PORTLAND OR 97233 SFD 7.875 6.750 $ 1,101.38 360 1-May-29
5040300 SCOTTS VALLEY CA 95066 SFD 7.125 6.750 $ 2,198.01 360 1-May-29
5040307 CARNELIAN BAY CA 96140 SFD 7.625 6.750 $ 856.43 360 1-May-29
5040311 SAN DIEGO CA 92122 SFD 7.250 6.750 $ 1,910.09 360 1-May-29
5040313 ARVADA CO 80003 SFD 7.500 6.750 $ 1,111.75 360 1-May-29
5040318 SAN ANTONIO TX 78258 SFD 7.500 6.750 $1,840.34 360 1-Jul-29
5040328 SAN DIEGO CA 92117 LCO 7.000 6.733 $ 432.45 360 1-May-29
5040344 JAMAICA PLAIN MA 02130 LCO 7.375 6.750 $ 2,072.03 360 1-Nov-28
5040356 DALLAS TX 75287 SFD 7.375 6.750 $2,628.71 360 1-Jun-29
5040362 BEAVERTON OR 97005 SFD 7.625 6.750 $ 692.93 360 1-May-29
5040390 LOS ANGELES CA 90024 SFD 7.000 6.733 $4,124.88 360 1-May-29
5040416 BREA CA 92821 SFD 7.500 6.750 $ 2,048.70 360 1-May-29
5040426 REDDING CA 96001 SFD 7.125 6.750 $ 303.17 360 1-May-29
5040473 PLEASANTON CA 94588 SFD 8.250 6.750 $ 3,906.59 360 1-Jul-29
5040477 FREMONT CA 94539 SFD 8.875 6.750 $ 2,378.98 360 1-Jul-29
5040481 SUNNYVALE CA 94086 SFD 8.625 6.750 $ 2,325.60 360 1-Jul-29
5040506 WARRINGTON PA 18976 SFD 7.000 6.733 $2,128.97 360 1-Jun-29
5040511 DALLAS TX 75230 SFD 7.250 6.750 $2,148.86 360 1-Jun-29
5040516 WHITESTONE NY 11357 SFD 7.375 6.750 $1,933.90 360 1-Jul-29
5040533 WASHINGTON DC 20011 SFD 7.500 6.750 $2,080.17 360 1-Jul-29
5040659 SAN RAMON CA 94583 SFD 7.625 6.750 $2,057.56 360 1-Apr-29
5040704 PENN VALLEY PA 19072 SFD 6.625 6.358 $2,305.12 360 1-Jul-29
5040707 HOUSTON TX 77041 SFD 7.125 6.750 $1,926.84 360 1-Jun-29
5040709 WOODMERE NY 11598 SFD 7.250 6.750 $2,217.08 360 1-Jul-29
5040769 MILPITAS CA 95035 SFD 8.625 6.750 $ 1,905.59 360 1-Jul-29
5040778 ARROYO GRANDE CA 93420 SFD 7.250 6.750 $2,831.03 360 1-May-29
5040811 SARATOGA CA 95070 SFD 8.250 6.750 $ 5,349.02 360 1-Jul-29
5040816 HUNTINGTON BEACH CA 92647 SFD 7.125 6.750 $ 2,021.16 360 1-May-29
5040823 APTOS CA 95003 SFD 6.875 6.608 $ 988.68 360 1-May-29
5040825 LOS ANGELES CA 91311 SFD 7.000 6.733 $ 2,262.03 360 1-May-29
5040826 PETALUMA CA 94954 SFD 7.375 6.750 $ 1,547.12 360 1-May-29
5040836 TOPANGA CA 90290 SFD 7.250 6.750 $ 1,391.64 360 1-May-29
5040839 DELRAY BEACH FL 33446 SFD 7.500 6.750 $2,027.73 360 1-May-29
5040840 BELLEVUE WA 98006 SFD 7.000 6.733 $2,339.21 360 1-May-29
5040841 LAKELAND FL 33803 SFD 8.000 6.750 $ 909.87 360 1-Jun-29
5040843 AUBURN CA 95602 SFD 7.500 6.750 $ 950.93 360 1-May-29
5040846 VANCOUVER WA 98664 SFD 7.250 6.750 $ 477.52 360 1-May-29
5040847 PASADENA CA 91104 SFD 7.375 6.750 $ 1,795.76 360 1-May-29
5040861 SAN DIEGO CA 92130 SFD 7.000 6.733 $2,128.97 360 1-May-29
5040863 PORTLAND OR 97266 SFD 7.125 6.750 $ 755.24 360 1-May-29
5040865 LA JOLLA CA 92037 SFD 7.500 6.750 $ 3,054.17 360 1-Jul-29
5040868 WEST LINN OR 97068 SFD 7.375 6.750 $ 1,851.01 360 1-May-29
5040869 PHOENIX AZ 85027 SFD 7.250 6.750 $ 767.45 360 1-May-29
5040871 FREMONT CA 94539 SFD 7.375 6.750 $ 1,329.55 360 1-May-29
5040874 SNOQUALMIE WA 98065 SFD 7.125 6.750 $2,045.41 360 1-May-29
5040879 SAN DIEGO CA 92122 SFD 7.375 6.750 $ 1,650.71 360 1-May-29
5040880 POWAY CA 92064 SFD 7.500 6.750 $ 3,296.80 360 1-May-29
5040882 PHOENIX AZ 85027 SFD 7.500 6.750 $ 576.85 360 1-May-29
5040884 PALO ALTO CA 94306 SFD 7.250 6.750 $ 2,524.06 360 1-May-29
5040889 SAN DIEGO CA 92103 SFD 6.875 6.608 $ 4,270.04 360 1-May-29
5040902 SPANISH FORK UT 84660 SFD 7.625 6.750 $ 2,038.45 360 1-May-29
5040905 LOS ANGELES CA 90024 SFD 7.500 6.750 $2,547.24 360 1-Jun-29
5040915 YELM WA 98597 SFD 7.500 6.750 $ 758.65 360 1-May-29
5040983 PONTE VEDRA BEACH FL 32082 SFD 7.250 6.750 $3,001.58 360 1-Jun-29
5041049 MARCO ISLAND FL 34145 HCO 7.250 6.750 $ 1,787.31 360 1-Jul-29
5041068 LOS GATOS CA 95030 SFD 7.000 6.733 $ 3,659.17 360 1-Jul-29
5041092 UNION CITY CA 94587 SFD 7.250 6.750 $ 2,117.13 360 1-Mar-29
5041094 BIG SKY MT 59716 SFD 7.250 6.750 $3,410.88 360 1-Apr-29
5041103 PLEASANTON CA 94588 SFD 6.875 6.608 $2,075.90 360 1-May-29
5041118 ANAHEIM CA 92807 SFD 7.125 6.750 $1,734.83 360 1-May-29
5041144 SOUTHLAKE TX 76092 SFD 7.375 6.750 $2,166.65 360 1-Jun-29
5041159 BELMONT CA 94002 SFD 7.125 6.750 $4,379.18 360 1-Apr-29
5041181 WINCHESTER MA 01890 SFD 6.750 6.483 $ 2,185.78 360 1-Nov-28
5041193 MANHATTAN BEACH CA 90266 LCO 7.000 6.733 $ 2,602.66 360 1-Apr-29
5041214 BURLINGAME CA 94010 SFD 7.250 6.750 $ 3,751.97 360 1-Jul-29
5041222 FOSTER CITY CA 94404 SFD 8.250 6.750 $ 2,156.14 360 1-Jun-29
5041248 CULVER CITY CA 90230 SFD 7.375 6.750 $1,823.39 360 1-Jun-29
5041346 EVANSTON IL 60201 SFD 7.125 6.750 $ 2,021.16 360 1-Apr-29
5041357 UNION CITY CA 94587 SFD 7.625 6.750 $1,769.49 360 1-Jun-29
5041371 VALLEY CENTER CA 92082 SFD 7.125 6.750 $ 1,935.59 360 1-Mar-29
5041387 THREE RIVERS MI 49093 SFD 7.000 6.733 $1,856.20 360 1-Dec-28
5041393 CALABASAS CA 91302 SFD 7.375 6.750 $ 5,159.35 360 1-Jun-29
5041394 LAGUNA NIGUEL CA 92677 SFD 7.000 6.733 $1,796.32 360 1-Jun-29
5041416 HATTIESBURG MS 39402 SFD 6.875 6.608 $ 2,384.65 360 1-Apr-29
5041443 APTOS CA 95003 SFD 6.750 6.483 $ 1,774.57 360 1-Mar-29
5041444 ALAMO CA 94507 SFD 6.875 6.608 $1,830.87 360 1-Mar-29
5041463 LAFAYETTE CA 94549 SFD 7.000 6.733 $1,836.24 360 1-Mar-29
5041474 CHESTERFIELD MO 63017 SFD 6.875 6.608 $ 2,158.01 360 1-Mar-29
5041482 NEWTON CENTER MA 02159 SFD 7.000 6.733 $ 2,268.68 360 1-Jan-29
5041486 DANVILLE CA 94526 SFD 7.000 6.733 $ 1,857.53 360 1-Mar-29
5041492 BELL CANYON CA 91307 SFD 7.250 6.750 $ 3,083.44 360 1-May-29
5041511 ST LOUIS MO 63131 SFD 6.875 6.608 $2,627.72 360 1-Mar-29
5041523 PLYMOUTH CA 95669 SFD 7.375 6.750 $2,541.68 360 1-May-29
5041533 VERNON HILLS IL 60061 SFD 7.125 6.750 $ 2,021.16 360 1-Mar-29
5041539 MONTEBELLO CA 90640 SFD 7.375 6.750 $2,091.02 360 1-May-29
5041541 JACKSON WY 83001 SFD 7.250 6.750 $ 6,276.02 360 1-May-29
5041556 THOUSAND OAKS CA 91360 SFD 7.500 6.750 $ 1,510.30 360 1-May-29
5041562 HOLLISTER CA 95023 SFD 6.875 6.608 $ 2,299.26 360 1-Mar-29
5041568 SAN CLEMENTE CA 92673 SFD 7.250 6.750 $2,747.46 360 1-May-29
5041569 BOULDER CREEK CA 95006 SFD 6.875 6.608 $3,301.07 360 1-May-29
5041572 WEST JORDAN UT 84088 SFD 7.250 6.750 $ 785.87 360 1-May-29
5041574 BELLAIRE TX 77401 SFD 6.625 6.358 $3,882.21 360 1-Mar-29
5041582 BURLINGAME CA 94010 SFD 7.125 6.750 $5,965.78 360 1-May-29
5041584 COVINA AREA CA 91724 SFD 7.750 6.750 $3,385.05 360 1-Apr-29
5041592 PEORIA AZ 85381 SFD 7.375 6.750 $ 593.98 360 1-May-29
5041609 OAKLAND CA 94610 SFD 6.875 6.608 $ 2,575.17 360 1-Apr-29
5041613 DEL MAR CA 92014 SFD 7.625 6.750 $ 2,873.64 360 1-May-29
5041615 LAGUNA NIGUEL CA 92677 SFD 7.125 6.750 $2,122.22 360 1-Jun-29
5041617 SKILLMAN NJ 08558 SFD 6.250 5.983 $ 1,785.58 360 1-Apr-29
5041632 DANVILLE CA 94526 PUD 7.000 6.733 $ 1,785.67 360 1-May-29
5041640 FRANKTOWN CO 80116 SFD 7.625 6.750 $ 2,519.75 360 1-May-29
5041646 BOONTON TOWNSHIP NJ 07005 SFD 7.500 6.750 $ 2,622.05 360 1-May-29
5041647 CUPERTINO CA 95014 PUD 7.500 6.750 $ 2,181.55 360 1-Jul-29
5041657 SAN FRANCISCO CA 94114 SFD 6.750 6.483 $3,106.79 360 1-Apr-29
5041662 WHITESTONE NY 11357 SFD 7.625 6.750 $1,840.27 360 1-Jun-29
5041665 OGDEN UT 84414 SFD 7.125 6.750 $1,748.30 360 1-May-29
5041669 SAN JOSE CA 95123 SFD 7.125 6.750 $1,988.82 360 1-May-29
5041674 DIX HILLS NY 11746 SFD 7.250 6.750 $ 2,646.85 360 1-Dec-28
5041676 THOUSAND OAKS CA 91360 SFD 7.000 6.733 $ 1,735.11 360 1-May-29
5041680 AURORA CO 80017 SFD 7.625 6.750 $ 781.40 360 1-May-29
5041688 SAN FRANCISCO CA 94115 SFD 6.875 6.608 $3,783.91 360 1-May-29
5041693 PALO ALTO CA 94306 SFD 7.125 6.750 $4,379.18 360 1-May-29
5041695 KAMAS UT 84036 SFD 7.875 6.750 $ 3,154.05 360 1-May-29
5041704 SAN JOSE CA 95125 SFD 7.625 6.750 $ 1,557.15 360 1-May-29
5041706 SAN DIEGO CA 92116 SFD 7.250 6.750 $ 2,387.62 360 1-May-29
5041713 SEAL BEACH CA 90740 SFD 7.000 6.733 $2,650.57 360 1-Jul-29
5041728 BEND OR 97701 SFD 7.375 6.750 $ 828.81 360 1-May-29
5041763 GRANTS PASS OR 97527 SFD 7.500 6.750 $ 606.92 360 1-May-29
5041764 CANTON GA 30115 SFD 7.000 6.733 $1,692.97 360 1-Jun-29
5041767 BOULDER CREEK CA 95006 SFD 7.500 6.750 $ 1,713.08 360 1-May-29
5041854 ROBBINSVILLE NJ 08691 SFD 8.000 6.750 $ 1,614.29 360 1-Jun-29
5041916 PRINCETON NJ 08540 SFD 6.500 6.233 $1,833.00 360 1-Jul-29
5041922 SAN FRANCISCO CA 94115 LCO 7.250 6.750 $2,095.65 360 1-May-29
5041939 MOUNTAIN VIEW CA 94043 SFD 6.750 6.483 $ 1,867.97 360 1-Apr-29
5041942 WALNUT CREEK CA 94598 SFD 7.500 6.750 $3,146.47 360 1-Jul-29
5041944 BRYN MAWR PA 19010 SFD 6.875 6.608 $ 4,270.04 360 1-Jan-29
5041945 DENVER CO 80209 SFD 6.875 6.608 $ 1,778.63 360 1-Feb-29
5041947 MOORESTOWN NJ 08057 SFD 6.875 6.608 $2,128.45 360 1-Apr-29
5041950 ORINDA CA 94563 SFD 7.125 6.750 $2,032.61 360 1-Apr-29
5041964 NORTH CALDWELL NJ 07006 SFD 7.125 6.750 $ 1,940.31 360 1-Feb-29
5041965 REISTERSTOWN MD 21136 SFD 6.875 6.608 $ 1,924.81 360 1-Mar-29
5041976 CENTREVILLE VA 20121 SFD 6.750 6.483 $ 1,885.19 360 1-Mar-29
5041986 AVALON NJ 08202 SFD 6.875 6.608 $ 2,299.26 360 1-Jan-29
5041994 WESTERVILLE OH 43081 SFD 7.125 6.750 $ 2,155.90 360 1-Mar-29
5041998 BURBANK CA 91506 SFD 7.250 6.750 $ 1,773.66 360 1-Mar-29
5042001 PHOENIXVILLE PA 19460 SFD 7.375 6.750 $ 2,956.09 360 1-Jul-29
5042007 BELMONT CA 94002 SFD 7.125 6.750 $ 2,358.02 360 1-Apr-29
5042012 PALO ALTO CA 94306 SFD 7.250 6.750 $2,483.13 360 1-Mar-29
5042077 SAN JOSE CA 95130 SFD 7.250 6.750 $ 1,821.42 360 1-Apr-29
5042183 LEESBURG VA 20176 SFD 6.750 6.483 $ 1,691.55 360 1-Jul-29
5042203 SANTA ANA CA 92705 SFD 7.750 6.750 $2,865.65 360 1-Jul-29
5042218 ROLLING HILLS CA 90274 SFD 8.250 6.750 $7,324.85 360 1-Jun-29
5042222 JACKSONVILLE FL 32259 SFD 7.250 6.750 $ 1,746.71 360 1-Jun-29
5042224 IRVINE CA 92604 SFD 7.625 6.750 $ 1,976.87 360 1-Jun-29
5042277 PALO ALTO CA 94306 LCO 7.875 6.750 $ 2,407.24 360 1-Jul-29
5042357 ROWLAND HEIGHTS CA 91748 SFD 7.500 6.750 $1,048.82 360 1-May-29
5042363 LOS ANGELES CA 90044 SFD 7.500 6.750 $ 867.03 360 1-May-29
5042377 TORRANCE CA 90501 SFD 7.250 6.750 $ 2,073.82 360 1-May-29
5042388 LOS ANGELES CA 91364 SFD 7.375 6.750 $ 1,685.25 360 1-May-29
5042397 ANAHEIM CA 92802 SFD 7.500 6.750 $ 1,076.79 360 1-May-29
5042408 YELM WA 98597 SFD 7.250 6.750 $ 477.52 360 1-May-29
5042413 FOUNTAIN VALLEY CA 92708 SFD 7.500 6.750 $ 1,734.05 360 1-May-29
5042433 FOUNTAIN HILLS AZ 85268 SFD 7.125 6.750 $ 1,555.95 360 1-May-29
5042434 AUBURN HILLS MI 48326 SFD 7.375 6.750 $ 2,051.31 360 1-Jun-29
5042439 KEY WEST FL 33040 PUD 7.000 6.733 $ 718.53 360 1-May-29
5042441 CORONA CA 91719 SFD 7.250 6.750 $1,822.43 360 1-May-29
5042443 SAN DIEGO CA 92037 SFD 7.250 6.750 $2,742.35 360 1-May-29
5042448 LOS ANGELES CA 90026 SFD 7.375 6.750 $ 1,787.13 360 1-Jun-29
5042455 DENVER CO 80207 SFD 7.375 6.750 $ 483.47 360 1-May-29
5042456 FALLBROOK CA 92028 SFD 7.125 6.750 $ 2,155.90 360 1-May-29
5042462 DANVILLE CA 94526 SFD 7.125 6.750 $ 3,422.50 360 1-May-29
5042463 MARIETTA GA 30068 SFD 6.875 6.608 $ 1,951.08 360 1-Jul-29
5042468 DEL MAR CA 92014 SFD 7.375 6.750 $ 3,453.38 360 1-May-29
5042471 SAN FRANCISCO CA 94110 SFD 7.500 6.750 $ 1,985.77 360 1-May-29
5042474 GARDEN GROVE CA 92843 SFD 7.625 6.750 $ 1,051.78 360 1-May-29
5042484 SEATTLE WA 98136 SFD 7.375 6.750 $2,092.75 360 1-May-29
5042489 ORINDA CA 94563 SFD 6.875 6.608 $ 1,622.61 360 1-May-29
5042503 LA SELVA BEACH CA 95076 SFD 7.375 6.750 $1,933.90 360 1-May-29
5042524 SANTA ROSA CA 95409 SFD 7.375 6.750 $ 3,011.34 360 1-May-29
5042527 SAN DIEGO CA 92120 SFD 7.000 6.733 $ 1,057.83 360 1-May-29
5042529 SAN DIEGO CA 92101 HCO 7.125 6.750 $ 353.70 360 1-May-29
5042531 SALINAS CA 93908 SFD 7.250 6.750 $2,182.97 360 1-May-29
5042532 DENVER CO 80239 SFD 7.500 6.750 $ 419.53 360 1-May-29
5042539 LONG BEACH CA 90803 SFD 7.500 6.750 $2,359.85 360 1-May-29
5042542 SAN JOSE CA 95129 PUD 7.000 6.733 $ 1,330.61 360 1-May-29
5042545 SANTEE CA 92071 PUD 7.375 6.750 $ 538.04 360 1-May-29
5042554 CARLSBAD CA 92009 LCO 7.500 6.750 $2,017.23 360 1-May-29
5042559 KUNA ID 83634 SFD 7.375 6.750 $ 856.44 360 1-May-29
5042561 HARBOR CITY AREA CA 90710 SFD 7.500 6.750 $ 1,041.83 360 1-May-29
5042587 SPOKANE WA 99223 SFD 7.125 6.750 $ 1,179.01 360 1-May-29
5042602 AVONDALE AZ 85323 SFD 7.750 6.750 $ 1,126.20 360 1-May-29
5042605 CHICO CA 95926 SFD 7.500 6.750 $ 587.34 360 1-May-29
5042606 PETALUMA CA 94952 SFD 7.500 6.750 $ 2,048.70 360 1-May-29
5042614 CARLSBAD CA 92008 LCO 7.625 6.750 $ 1,070.18 360 1-May-29
5042673 WINDERMERE FL 34786 SFD 7.000 6.733 $1,909.42 360 1-Jun-29
5042686 NEW CANAAN CT 06840 SFD 7.500 6.750 $ 3,496.08 360 1-Jul-29
5042772 FORT MYERS FL 33908 SFD 7.125 6.750 $ 1,994.21 360 1-Jul-29
5042794 DANVILLE CA 94506 SFD 7.375 6.750 $ 2,072.03 360 1-Jul-29
5042799 ARLINGTON VA 22207 SFD 7.000 6.733 $2,208.81 360 1-Jul-29
5042907 LOS ANGELES CA 90049 SFD 7.000 6.733 $4,091.62 360 1-Apr-29
5042919 WYCKOFF NJ 07481 SFD 7.375 6.750 $1,764.68 360 1-Jul-29
5042987 MISSION VIEJO CA 92692 SFD 7.250 6.750 $2,831.04 360 1-Jun-29
5042989 FREMONT CA 94538 SFD 8.625 6.750 $ 2,084.48 360 1-Jul-29
5042997 CLARKSON VALLEY MO 63005 SFD 7.750 6.750 $ 2,116.64 360 1-Jun-29
5043036 CLARKSON VALLEY MO 63005 SFD 7.000 6.733 $1,796.32 360 1-Mar-29
5043081 WEST BLOOMFIELD MI 48322 LCO 7.500 6.750 $ 2,726.94 360 1-Apr-29
5043108 SAN FRANCISCO CA 94131 LCO 7.125 6.750 $ 2,593.82 360 1-Apr-29
5043157 CROWNSVILLE MD 21032 SFD 6.875 6.608 $1,905.09 360 1-Mar-29
5043226 PEMBROKE PINES FL 33028 SFD 7.875 6.750 $ 706.22 360 1-Jul-29
5043275 SCOTTS VALLEY CA 95066 SFD 7.000 6.733 $ 2,195.50 360 1-Mar-29
5043288 FAYETTEVILLE AR 72704 SFD 6.875 6.608 $ 2,949.28 360 1-Feb-29
5043318 CLOVERDALE CA 95425 SFD 8.000 6.750 $ 939.22 360 1-May-29
5043325 WINDHAM NH 03087 SFD 6.875 6.608 $ 2,200.72 360 1-Jan-29
5043342 ENCINITAS CA 92024 SFD 7.500 6.750 $1,489.33 360 1-May-29
5043356 NEWARK DE 19711 SFD 7.250 6.750 $ 1,705.45 360 1-Mar-29
5043357 OAKLAND CA 94619 SFD 7.375 6.750 $ 922.06 360 1-May-29
5043359 BAINBRIDGE ISLAND WA 98110 SFD 6.875 6.608 $2,482.21 360 1-Apr-29
5043362 WILLIAMSBURG VA 23185 SFD 7.625 6.750 $4,100.96 360 1-Aug-28
5043380 LITCHFIELD PARK AZ 85340 SFD 7.750 6.750 $1,948.64 360 1-May-29
5043388 VALLEY CENTER CA 92082 SFD 7.625 6.750 $ 1,793.55 360 1-Oct-28
5043389 GAITHERSBURG MD 20879 SFD 7.500 6.750 $ 1,688.61 360 1-Apr-28
5043401 SACRAMENTO CA 95822 SFD 7.375 6.750 $ 856.44 360 1-May-29
5043414 SHARON VT 05065 SFD 7.625 6.750 $ 2,038.45 360 1-Jan-29
5043430 SIMI VALLEY CA 93065 LCO 7.750 6.750 $2,077.96 360 1-Sep-28
5043452 WILMINGTON DE 19707 SFD 6.375 6.108 $ 2,183.55 360 1-Mar-29
5043459 MARTINEZ CA 94553 SFD 7.000 6.733 $ 1,751.75 360 1-Feb-29
5043474 TUSTIN CA 92780 SFD 7.000 6.733 $1,306.65 360 1-May-29
5043475 WESTPORT CT 06880 SFD 6.875 6.608 $ 3,284.65 360 1-Jul-29
5043487 PRESCOTT AZ 86303 SFD 7.125 6.750 $1,967.26 360 1-Jun-29
5043491 SIMI VALLEY CA 93065 SFD 7.500 6.750 $ 2,110.23 360 1-Sep-28
5043499 SAN JOSE CA 95127 SFD 7.375 6.750 $ 2,154.91 360 1-May-29
5043501 MOUNTAIN VIEW CA 94043 LCO 7.125 6.750 $ 1,994.21 360 1-Apr-29
5043506 EAGLE RIVER AK 99577 SFD 7.500 6.750 $2,705.96 360 1-Jun-29
5043530 MORGAN HILL CA 95037 SFD 7.250 6.750 $3,213.06 360 1-Mar-29
5043533 ELLICOTT CITY MD 21042 SFD 6.375 6.108 $1,843.54 360 1-Mar-29
5043538 WELLINGTON CO 80538 SFD 7.125 6.750 $ 1,987.47 360 1-Oct-28
5043539 WEST BLOOMFIELD MI 48323 SFD 7.875 6.750 $2,124.45 360 1-Feb-29
5043554 LOUISVILLE CO 80027 SFD 7.375 6.750 $1,943.22 360 1-Mar-28
5043555 BRAINTREE MA 02184 LCO 7.000 6.733 $1,709.83 360 1-Apr-29
5043563 GREELEY CO 80634 SFD 7.000 6.733 $ 1,729.79 360 1-Apr-29
5043571 NORTH ANDOVER MA 01845 SFD 7.250 6.750 $2,461.30 360 1-Jul-28
5043587 WESTON FL 33327 SFD 7.125 6.750 $ 2,927.99 360 1-Jul-29
5043595 ELIZABETH CO 80107 SFD 6.625 6.358 $1,984.93 360 1-Jun-29
5043600 PHOENIX AZ 85018 SFD 7.000 6.733 $ 2,980.56 360 1-Mar-29
5043618 PLEASANTON CA 94588 SFD 6.750 6.483 $ 1,718.79 360 1-Mar-29
5043641 DIX HILLS NY 11746 SFD 7.000 6.733 $1,942.69 360 1-Feb-29
5043937 SAN ANTONIO TX 78209 SFD 7.000 6.733 $ 2,262.03 360 1-Jul-29
5043954 FAIRFIELD CT 06430 SFD 7.875 6.750 $ 2,256.42 360 1-Jul-29
5043965 VACAVILLE CA 95688 SFD 7.000 6.733 $ 2,741.05 360 1-Jun-29
5044150 SAN LEANDRO CA 94579 SFD 8.000 6.750 $2,318.70 360 1-Jun-29
5044217 NEW YORK NY 10021 HCO 7.500 6.750 $ 2,971.67 360 1-Jul-29
5044220 HEATH TX 75087 SFD 6.375 6.108 $ 2,370.71 360 1-May-29
5044224 DALLAS TX 75229 SFD 7.250 6.750 $2,667.31 360 1-Jul-29
5044242 FAIRFAX STATION VA 22039 SFD 7.250 6.750 $2,217.08 360 1-Apr-29
5044248 MASSAPEQUA PARK NY 11762 SFD 6.875 6.608 $2,076.56 360 1-Jul-29
5044285 WOODSTOCK VT 05091 SFD 8.000 6.750 $ 733.77 360 1-Jul-29
5044290 SAN JOSE CA 95123 LCO 7.875 6.750 $2,018.60 360 1-Jul-29
5044327 BRAINTREE MA 02185 SFD 7.500 6.750 $ 2,094.85 360 1-May-29
5044341 GRANITE BAY CA 95746 SFD 7.000 6.733 $ 1,995.91 360 1-May-29
5044361 OREM UT 84058 SFD 7.125 6.750 $2,075.05 360 1-Jun-29
5044363 WESTERVILLE OH 43081 SFD 7.500 6.750 $2,691.98 360 1-Jul-29
5044364 LAYTONVILLE CA 95454 SFD 7.500 6.750 $ 1,150.21 360 1-May-29
5044373 LEHI UT 84043 SFD 7.250 6.750 $1,088.07 360 1-Jun-29
5044377 SAN RAFAEL CA 94901 SFD 7.375 6.750 $3,867.79 360 1-May-29
5044395 CHARLOTTE NC 28216 SFD 7.000 6.733 $ 2,209.80 360 1-May-29
5044398 QUEEN CREEK AZ 85242 SFD 7.500 6.750 $1,398.43 360 1-May-29
5044405 ENGLEWOOD CO 80111 SFD 7.500 6.750 $ 1,125.74 360 1-May-29
5044406 HAMILTON MT 59840 SFD 7.500 6.750 $1,073.99 360 1-May-29
5044407 SOUTH PASADENA FL 33707 SFD 7.375 6.750 $ 416.14 360 1-May-29
5044434 SAN ANTONIO TX 78248 SFD 7.500 6.750 $ 1,778.80 360 1-Jul-29
5044439 GRAPEVINE TX 76051 SFD 7.375 6.750 $2,475.38 360 1-Jun-29
5044475 FREMONT CA 94539 SFD 7.375 6.750 $1,864.82 360 1-May-29
5044488 WALNUT CREEK CA 94598 SFD 7.375 6.750 $2,265.41 360 1-May-29
5044504 GLENDALE CA 91208 SFD 7.250 6.750 $2,182.96 360 1-May-29
5044529 SAN MARCOS CA 92069 SFD 7.875 6.750 $ 2,102.71 360 1-Jul-29
5044574 AUSTIN TX 78759 SFD 7.500 6.750 $ 2,119.74 360 1-Jul-29
5044612 PALATINE IL 60074 SFD 7.500 6.750 $ 2,314.41 360 1-Jul-29
5044688 SAN ANTONIO TX 78257 SFD 7.375 6.750 $ 3,810.81 360 1-Jun-29
5044750 EVERETT WA 98203 SFD 7.250 6.750 $ 1,841.88 360 1-Jun-29
5045049 AUSTIN TX 78705 SFD 7.250 6.750 $ 1,795.49 360 1-Jul-29
5045090 WALNUT CREEK CA 94596 SFD 7.500 6.750 $ 2,153.59 360 1-Jul-29
5045237 FAIRFAX VA 22031 SFD 7.250 6.750 $ 1,814.59 360 1-Jul-29
5045291 CORONA CA 91720 SFD 7.250 6.750 $ 467.29 360 1-Jul-29
5045439 WESTPORT CT 06880 SFD 7.750 6.750 $ 7,164.13 360 1-Jul-29
5045444 LAFAYETTE CA 94549 SFD 6.875 6.608 $ 2,102.18 360 1-Jul-29
5045648 SAN JOSE CA 95116 SFD 7.125 6.750 $ 2,273.80 360 1-May-29
5045758 NEEDHAM MA 02192 SFD 6.875 6.608 $ 2,299.26 360 1-Jul-29
5045815 WOODINVILLE WA 98072 SFD 7.375 6.750 $1,864.83 360 1-Jul-29
5045884 POTOMAC MD 20854 SFD 7.625 6.750 $ 6,286.62 360 1-May-29
5045944 DUBLIN CA 94568 SFD 8.000 6.750 $ 2,502.88 360 1-Jun-29
5045966 CABIN JOHN MD 20818 SFD 7.375 6.750 $ 1,961.52 360 1-Jun-29
5045975 COCKEYSVILLE MD 21030 SFD 7.125 6.750 $4,042.31 360 1-May-29
5045996 COEUR D' ALENE ID 83814 SFD 7.250 6.750 $1,923.74 360 1-Jul-29
5045998 MALIBU CA 90265 SFD 7.000 6.733 $ 1,523.54 360 1-May-29
5046021 WESTON MA 02493 SFD 7.375 6.750 $2,265.41 360 1-May-29
5046033 PASDENA MD 21122 SFD 7.000 6.733 $1,929.38 360 1-May-29
5046055 SCOTTSDALE AZ 85260 SFD 7.250 6.750 $1,637.22 360 1-Jun-29
5046076 CERRITOS CA 90703 SFD 7.500 6.750 $2,971.66 360 1-May-29
5046088 AGOURA HILLS CA 91301 SFD 7.125 6.750 $1,923.47 360 1-May-29
5046098 DAVIDSONVILLE MD 21035 SFD 7.250 6.750 $ 3,843.38 360 1-May-29
5046138 AUSTIN TX 78730 SFD 6.875 6.608 $ 2,496.33 360 1-May-29
5046155 TORRANCE CA 90503 SFD 7.250 6.750 $2,182.96 360 1-Jun-29
5046161 GLEN ROCK NJ 07452 SFD 6.875 6.608 $1,960.93 360 1-May-29
5046168 EL CAJON CA 92019 SFD 7.125 6.750 $ 2,896.99 360 1-May-29
5046176 SAN DIEGO CA 92131 SFD 7.500 6.750 $ 1,644.55 360 1-May-29
5046199 SALEM UT 84653 SFD 7.125 6.750 $2,219.23 360 1-Jun-29
5046207 TELLURIDE CO 81435 SFD 7.000 6.733 $ 4,687.06 360 1-May-29
5046214 LA CANADA FLINTRIDGE CA 91011 SFD 7.500 6.750 $3,076.54 360 1-May-29
5046224 GRANITE BAY CA 95746 SFD 7.125 6.750 $1,872.94 360 1-May-29
5046226 CLAYTON CA 94517 SFD 7.125 6.750 $ 1,697.77 360 1-Jun-29
5046235 WHITE HALL MD 21161 SFD 7.625 6.750 $ 1,718.17 360 1-Jan-29
5046237 REDONDO BEACH CA 90277 SFD 6.875 6.608 $2,102.83 360 1-May-29
5046239 OREM UT 84057 SFD 7.250 6.750 $ 1,971.49 360 1-Jun-29
5046249 SANDY UT 84093 SFD 7.000 6.733 $ 2,062.44 360 1-May-29
5046257 ORANGE CA 92869 SFD 7.375 6.750 $ 2,030.58 360 1-May-29
5046261 SIMI VALLEY CA 93063 SFD 7.250 6.750 $ 2,046.53 360 1-May-29
5046326 POQUOSON VA 23662 SFD 7.000 6.733 $ 1,729.79 360 1-Jul-29
5046480 SUNNYVALE CA 94087 SFD 8.500 6.750 $2,566.25 360 1-Jul-29
5046492 CAMARILLO CA 93010 SFD 7.500 6.750 $ 1,272.57 360 1-May-29
5046499 SEATTLE WA 98109 SFD 6.750 6.483 $ 1,709.71 360 1-Jul-29
5046503 CASTRO VALLEY CA 94552 SFD 7.500 6.750 $ 699.22 360 1-May-29
5046523 WATKINSVILLE GA 30677 SFD 7.250 6.750 $2,483.13 360 1-Jul-29
5046600 SUNNYVALE CA 94087 SFD 8.875 6.750 $ 2,410.81 360 1-Jul-29
5046675 ESCONDIDO CA 92025 SFD 7.125 6.750 $ 2,479.29 360 1-Jun-29
5046681 TRAFALGER IN 46181 SFD 7.625 6.750 $ 1,778.33 360 1-Jul-29
5046690 SIMI VALLEY CA 93065 SFD 7.000 6.733 $ 2,637.93 360 1-Jun-29
5046712 ESCONDIDO CA 92029 SFD 7.125 6.750 $2,716.44 360 1-Jun-29
5046756 EL SOBRANTE CA 94803 SFD 7.875 6.750 $ 2,051.95 360 1-Jun-29
5046794 ACTON MA 01720 SFD 8.000 6.750 $2,017.86 360 1-Jun-29
5046807 UNION CITY CA 94587 SFD 7.500 6.750 $ 1,817.96 360 1-May-29
5046897 SAN FRANCISCO CA 94131 SFD 7.500 6.750 $ 2,709.46 360 1-May-29
5046929 LAS VEGAS NV 89123 SFD 7.750 6.750 $ 1,289.18 360 1-May-29
5047055 NEW ROCHELLE NY 10804 SFD 7.625 6.750 $ 2,264.94 360 1-Jul-29
5047215 SAN JOSE CA 95120 SFD 8.625 6.750 $ 2,177.04 360 1-Jul-29
5047342 PLACENTIA CA 92870 SFD 7.125 6.750 $ 1,721.02 360 1-Jun-29
5047353 LOS ANGELES CA 90025 SFD 7.000 6.733 $ 2,195.50 360 1-Jun-29
5047354 ALAMEDA CA 94502 SFD 7.250 6.750 $2,455.84 360 1-Jul-29
5047364 ALTADENA CA 91001 SFD 7.500 6.750 $ 1,950.81 360 1-Jun-29
5047368 CORTE MADERA CA 94925 SFD 7.000 6.733 $3,120.27 360 1-Jun-29
5047375 SAN FRANCISCO CA 94127 SFD 7.000 6.733 $ 2,095.71 360 1-Jun-29
5047381 AGOURA CA 91301 SFD 7.000 6.733 $ 3,659.17 360 1-Jun-29
5047387 GLENDORA CA 91741 SFD 6.875 6.608 $ 1,970.79 360 1-May-29
5047403 VISTA AREA CA 92084 SFD 7.375 6.750 $ 1,761.23 360 1-Jun-29
5047421 VILLA PARK CA 92667 SFD 7.000 6.733 $3,991.82 360 1-Jun-29
5047423 LOS ANGELES CA 90027 SFD 7.125 6.750 $ 2,260.33 360 1-Jun-29
5047433 NORTHRIDGE CA 91325 SFD 6.500 6.233 $ 2,983.37 360 1-Jun-29
5047435 OAK VIEW CA 93022 SFD 7.000 6.733 $ 2,960.60 360 1-Jun-29
5047438 SAN DIEGO CA 92110 SFD 7.000 6.733 $ 2,428.36 360 1-Jun-29
5047445 LAGUNA NIGUEL CA 92677 PUD 7.250 6.750 $2,455.84 360 1-May-29
5047450 IRVINE CA 92614 SFD 7.125 6.750 $ 2,155.90 360 1-Jun-29
5047456 CARLSBAD CA 92008 SFD 7.375 6.750 $ 1,916.97 360 1-Jun-29
5047461 COMMACK NY 11725 SFD 6.875 6.608 $ 1,965.61 240 1-Jul-19
5047464 HIDDEN HILLS CA 91302 SFD 7.000 6.733 $ 4,158.15 360 1-Jun-29
5047466 CRESTED BUTTE CO 81224 SFD 7.000 6.733 $ 1,765.72 360 1-Jun-29
5047479 VILLA PARK CA 92681 SFD 7.250 6.750 $ 3,103.91 360 1-Jun-29
5047481 MILPITAS CA 95035 PUD 7.625 6.750 $ 1,775.15 360 1-Jun-29
5047483 FOUNTAIN VALLEY CA 92708 SFD 7.000 6.733 $ 2,395.09 360 1-Jun-29
5047484 ERWINNA PA 18920 SFD 7.000 6.733 $ 2,368.48 360 1-Jun-29
5047491 LOS ANGELES CA 90731 SFD 7.125 6.750 $2,381.60 360 1-Jun-29
5047492 AGOURA HILLS CA 91301 SFD 7.375 6.750 $1,823.39 360 1-Jun-29
5047504 VENTURA CA 93001 SFD 6.875 6.608 $2,627.72 360 1-Jun-29
5047509 SANTA BARBARA CA 93111 SFD 7.125 6.750 $2,128.96 360 1-Jun-29
5047525 PASADENA CA 91105 SFD 7.125 6.750 $1,886.42 360 1-Jun-29
5047534 SEAL BEACH CA 90740 SFD 7.000 6.733 $ 1,779.02 360 1-Jun-29
5047538 PASADENA CA 91107 SFD 7.000 6.733 $2,441.67 360 1-Jun-29
5047539 EL SEGUNDO CA 90245 SFD 6.500 6.233 $2,212.24 360 1-Jun-29
5047551 BERKELEY CA 94708 SFD 7.375 6.750 $ 2,034.04 360 1-Jun-29
5047564 ORANGE CA 92869 SFD 7.000 6.733 $2,837.52 360 1-Jun-29
5047576 CUPERTINO CA 95014 SFD 7.500 6.750 $ 2,342.37 360 1-Jul-29
5047596 SAN DIEGO CA 92019 SFD 7.000 6.733 $2,128.97 360 1-Jun-29
5047610 SAN DIEGO CA 92128 SFD 7.000 6.733 $2,124.98 360 1-Jun-29
5047622 LOS ANGELES CA 91604 SFD 7.000 6.733 $ 2,125.65 360 1-Jun-29
5047627 PALO ALTO CA 94303 SFD 7.000 6.733 $ 2,062.44 360 1-Jun-29
5047643 CHERRY VALLEY AREA CA 92223 SFD 7.250 6.750 $ 2,046.53 360 1-Jun-29
5047647 DALLAS TX 75214 SFD 7.250 6.750 $ 2,008.33 360 1-Jul-29
5047648 SCARSDALE NY 10583 SFD 7.125 6.750 $2,910.47 360 1-Jun-29
5047658 EL CAJON CA 92021 SFD 7.000 6.733 $2,128.97 360 1-Jun-29
5047661 HERMOSA BEACH CA 90254 SFD 7.000 6.733 $2,827.54 360 1-Jun-29
5047665 DOWNEY CA 90240 SFD 7.000 6.733 $1,663.26 360 1-Jun-29
5047678 SAN MATEO CA 94403 SFD 7.000 6.733 $ 2,494.89 360 1-Jun-29
5047682 SAN MATEO CA 94403 SFD 7.000 6.733 $ 2,262.03 360 1-Jun-29
5047683 TORRANCE CA 90505 SFD 7.000 6.733 $ 2,248.73 360 1-Jun-29
5047687 IRVINE CA 92614 SFD 7.000 6.733 $ 2,927.34 360 1-Jun-29
5047697 LAFAYETTE CA 94549 SFD 7.000 6.733 $3,186.80 360 1-Jun-29
5047706 CORONADO CA 92118 LCO 7.000 6.733 $ 2,993.87 360 1-Jun-29
5047718 TRABUCO CANYON AREA CA 92679 SFD 7.125 6.750 $ 1,953.79 360 1-Jun-29
5047741 SAN CLEMENTE CA 92673 SFD 7.000 6.733 $ 2,371.81 360 1-Jun-29
5047746 LOS ANGELES CA 90066 SFD 7.375 6.750 $ 2,244.70 360 1-Jun-29
5047752 BERKELEY CA 94707 SFD 7.000 6.733 $ 2,195.50 360 1-Jun-29
5047759 BURLINGAME CA 94010 SFD 7.500 6.750 $3,316.38 360 1-Jun-29
5047762 PIEDMONT CA 94611 SFD 7.000 6.733 $1,862.85 360 1-Jun-29
5047767 DOWNEY CA 90240 SFD 7.125 6.750 $1,899.89 360 1-Jun-29
5047770 CHINO HILLS CA 91709 SFD 7.000 6.733 $ 1,729.79 360 1-Jun-29
5047776 REDMOND WA 98052 SFD 7.375 6.750 $ 1,857.92 360 1-Jul-29
5047778 SAN RAMON CA 94583 SFD 7.500 6.750 $ 2,048.70 360 1-Jun-29
5047788 OCEANSIDE CA 92054 SFD 7.125 6.750 $ 1,812.98 360 1-Jun-29
5047789 SIMI VALLEY CA 93065 SFD 7.000 6.733 $2,435.01 360 1-Jun-29
5047791 LIVERMORE CA 94550 SFD 7.125 6.750 $ 1,784.01 360 1-Jun-29
5047794 DALY CITY CA 94014 SFD 6.750 6.483 $2,075.52 360 1-Jun-29
5047798 SAN JOSE CA 95128 SFD 7.125 6.750 $2,182.85 360 1-Jun-29
5047799 EL CAJON CA 92020 SFD 7.125 6.750 $ 1,856.10 360 1-Jun-29
5047808 HUNTINGTON BEACH CA 92647 SFD 7.250 6.750 $2,182.97 360 1-Jun-29
5047813 BELMONT CA 94002 SFD 7.000 6.733 $ 3,816.18 360 1-Jun-29
5047821 CALABASAS CA 91302 SFD 7.000 6.733 $ 2,661.21 360 1-Jun-29
5047825 MISSION VIEJO CA 92692 PUD 7.375 6.750 $ 2,417.37 360 1-Jun-29
5047839 SOUTHOLD NY 11971 SFD 7.000 6.733 $ 2,075.75 360 1-Jun-29
5047843 AGOURA AREA CA 91377 SFD 7.000 6.733 $ 1,705.84 360 1-Jun-29
5047848 HIGHLAND UT 84003 SFD 7.125 6.750 $ 2,021.16 360 1-Jun-29
5047851 LAGUNA BEACH CA 92677 SFD 7.500 6.750 $ 2,069.68 360 1-Jun-29
5047854 CORTE MADERA AREA CA 94925 SFD 7.125 6.750 $2,241.47 360 1-Jun-29
5047861 LOS ANGELES CA 90049 SFD 7.000 6.733 $ 2,727.75 360 1-Jun-29
5047864 LA HABRA CA 90631 SFD 6.500 6.233 $ 2,054.23 360 1-Jun-29
5047869 FREMONT CA 94539 SFD 7.000 6.733 $1,939.36 360 1-Jun-29
5047871 UPLAND CA 91784 SFD 7.000 6.733 $ 2,444.99 360 1-Jun-29
5047882 SAN DIEGO CA 91901 SFD 7.000 6.733 $ 2,113.01 360 1-Jun-29
5047884 HENDERSON NV 89014 SFD 7.000 6.733 $ 3,223.40 360 1-Jun-29
5047887 FREMONT CA 94555 SFD 7.125 6.750 $ 2,021.16 360 1-Jun-29
5047897 LOS ANGELES CA 91367 SFD 6.750 6.483 $2,607.37 360 1-Jun-29
5047903 LAGUNA BEACH CA 92651 SFD 7.250 6.750 $ 2,387.62 360 1-Jun-29
5047904 YORBA LINDA CA 92886 SFD 7.375 6.750 $2,185.99 360 1-Jun-29
5047906 FOUNTAIN VALLEY CA 92708 SFD 7.125 6.750 $1,883.05 360 1-Jun-29
5047910 DANVILLE CA 94526 SFD 7.000 6.733 $2,301.95 360 1-Jun-29
5047923 LAGUNA NIGUEL CA 92677 SFD 7.125 6.750 $ 2,256.96 360 1-Jun-29
5047925 MILL VALLEY CA 94941 SFD 7.500 6.750 $ 2,206.73 360 1-Jun-29
5047927 YORBA LINDA CA 92887 PUD 6.625 6.358 $ 3,054.29 360 1-Jun-29
5047931 MALIBU CA 90265 SFD 7.000 6.733 $3,725.70 360 1-Jun-29
5047940 AGOURA CA 91301 SFD 7.125 6.750 $ 2,016.11 360 1-Jun-29
5047941 PACIFIC PALISADES CA 90272 SFD 7.000 6.733 $ 1,995.91 360 1-Jun-29
5047946 HOUSTON TX 77019 LCO 7.750 6.750 $ 2,328.34 360 1-Jul-29
5047950 REDWOOD CITY CA 94062 SFD 7.000 6.733 $2,166.23 360 1-Jun-29
5047952 LOS ANGELES CA 90046 SFD 6.500 6.233 $2,060.55 360 1-Jun-29
5047962 GLENDALE CA 91207 SFD 7.250 6.750 $ 1,773.66 360 1-Jun-29
5047965 PALO ALTO CA 94303 SFD 7.125 6.750 $ 2,223.28 360 1-Jun-29
5047969 SAN FRANCISCO CA 94118 LCO 7.250 6.750 $2,754.63 360 1-Jun-29
5047995 SOLANA BEACH CA 92075 SFD 7.375 6.750 $ 3,536.26 360 1-Jun-29
5048343 MISSION VIEJO CA 92692 PUD 7.125 6.750 $ 2,223.28 360 1-Jun-29
5048347 MOUNTAIN VIEW CA 94043 SFD 8.500 6.750 $2,691.20 360 1-Jul-29
5048383 LUDLOW VT 05149 LCO 7.875 6.750 $ 2,175.21 360 1-Jul-29
5048388 NEW CANAAN CT 06840 LCO 7.750 6.750 $2,149.24 360 1-Jun-29
5048392 DAYTON MD 21036 SFD 7.250 6.750 $ 2,046.53 360 1-May-29
5048521 THOUSAND OAKS CA 91360 SFD 7.125 6.750 $ 1,751.67 360 1-Jun-29
5048525 WAYNE PA 19087 SFD 7.375 6.750 $ 1,795.76 360 1-Jul-29
5048537 LOS ANGELES CA 90027 SFD 7.000 6.733 $1,736.44 360 1-Jun-29
5048546 CERRITOS CA 90703 SFD 7.125 6.750 $ 1,778.62 360 1-Jun-29
5048560 SAN DIEGO CA 92129 SFD 7.250 6.750 $ 1,773.66 360 1-Jun-29
5048565 THOUSAND OAKS CA 91361 SFD 7.000 6.733 $ 1,769.71 360 1-Jun-29
5048584 LOS ALTOS CA 94024 SFD 7.000 6.733 $ 3,825.49 360 1-Jun-29
5048596 LOS ANGELES CA 90064 SFD 7.000 6.733 $ 2,980.56 360 1-Jun-29
5048619 LOS ANGELES CA 91324 SFD 7.125 6.750 $2,132.32 360 1-Jun-29
5048621 MISSION VIEJO CA 92675 SFD 7.125 6.750 $ 3,484.48 360 1-Jun-29
5048663 FARMINGDALE NY 11735 PUD 6.875 6.608 $ 2,400.42 360 1-Jun-29
5048800 NASHVILLE TN 37221 SFD 7.625 6.750 $1,869.28 360 1-Jul-29
5048879 SHERMAN OAKS CA 91423 SFD 7.250 6.750 $ 2,432.99 360 1-Jun-29
5048882 ANAHEIM CA 92808 SFD 7.500 6.750 $1,929.84 360 1-Jul-29
5048960 BOTHELL WA 98012 SFD 7.375 6.750 $1,784.02 360 1-Jul-29
5048969 NEW CANAAN CT 06840 SFD 7.875 6.750 $ 2,392.73 360 1-Jun-29
5048972 BOZEMAN MT 59715 SFD 7.250 6.750 $ 3,172.12 360 1-Jul-29
5049021 HERMOSA BEACH CA 90254 SFD 7.000 6.733 $2,027.85 360 1-Jul-29
5049087 GREENSBORO NC 27401 SFD 8.375 6.750 $7,258.69 360 1-Jul-29
5049102 VALENCIA CA 91354 SFD 7.500 6.750 $ 2,363.35 360 1-Jun-29
5049118 LAFAYETTE CA 94549 SFD 7.500 6.750 $ 2,838.82 360 1-Jul-29
5049136 LOS ANGELES CA 90056 SFD 7.125 6.750 $ 2,358.02 360 1-Jun-29
5049149 GLENDALE CA 91208 SFD 7.125 6.750 $2,142.43 360 1-Jun-29
5049193 MURPHYS CA 95247 SFD 8.125 6.750 $1,960.20 360 1-Jul-29
5049214 LAKE WYLIE SC 29710 SFD 7.500 6.750 $2,187.63 360 1-Jun-29
5049402 EAST HILLS NY 11576 SFD 7.125 6.750 $3,206.91 360 1-Mar-29
5049732 LOS ANGELES CA 90077 SFD 7.375 6.750 $2,514.06 360 1-May-29
5049745 WINTERGREEN VA 22958 SFD 7.000 6.733 $3,213.42 360 1-Apr-29
5049791 PINECREST FL 33156 SFD 7.000 6.733 $ 1,955.99 360 1-Jul-29
5049859 WOODLAND HILLS CA 91367 SFD 7.375 6.750 $ 1,942.18 360 1-Jul-29
5049892 SHERMAN OAKS CA 91403 SFD 7.250 6.750 $ 2,558.16 360 1-May-29
5049916 LEXINGTON KY 40502 SFD 7.250 6.750 $2,507.00 360 1-Jun-29
5049918 CARPINTERIA CA 93013 SFD 7.000 6.733 $3,619.92 360 1-May-29
5049951 SAN MATEO CA 94402 SFD 7.375 6.750 $2,451.90 360 1-Jun-29
5050093 EAST NORTHPORT NY 11731 SFD 7.625 6.750 $1,627.93 360 1-Jul-29
5050132 AUSTIN TX 78733 SFD 7.375 6.750 $2,447.41 360 1-Jul-29
5050189 FORT SMITH AR 72908 SFD 7.250 6.750 $2,148.86 360 1-May-29
5050198 MISSION VIEJO CA 92692 SFD 7.250 6.750 $ 1,678.15 360 1-May-29
5050213 ORINDA CA 94563 SFD 7.250 6.750 $4,195.38 360 1-Jun-29
5050287 SAN RAFAEL CA 94901 SFD 7.750 6.750 $ 2,973.11 360 1-Jul-29
5050362 ANNAPOLIS MD 21403 SFD 7.750 6.750 $1,948.65 360 1-Jul-29
5050397 MONROE CT 06468 SFD 7.250 6.750 $2,319.40 360 1-Jul-29
5050437 REDWOOD CITY CA 94065 SFD 8.750 6.750 $ 3,028.80 360 1-Jul-29
5050442 FOSTER CITY CA 94404 SFD 8.500 6.750 $ 2,104.91 360 1-Jul-29
5050542 SAN JOSE CA 95127 SFD 7.750 6.750 $1,878.43 360 1-Jun-29
5050660 MOORESTOWN NJ 08057 SFD 6.750 6.483 $2,049.57 360 1-Jun-29
5051185 ROGERS AR 72758 SFD 6.875 6.608 $ 1,714.58 360 1-Jun-29
5051192 ROGERS AR 72756 SFD 6.875 6.608 $2,258.52 360 1-Jun-29
5051205 BENTONVILLE AR 72712 SFD 7.000 6.733 $2,160.90 360 1-Jun-29
5051216 BENTONVILLE AR 72712 SFD 7.125 6.750 $2,189.59 360 1-Jun-29
5051223 ROGERS AR 72756 SFD 7.125 6.750 $1,980.73 360 1-Jun-29
5051254 PLAINVIEW NY 11803 SFD 6.875 6.608 $2,128.45 360 1-Jun-29
5051395 YORBA LINDA CA 92886 PUD 7.250 6.750 $2,319.40 360 1-Jul-29
5051563 CYPRESS TX 77429 SFD 6.750 6.483 $1,903.64 360 1-Jun-29
5051574 ANNAPOLIS MD 21401 SFD 7.375 6.750 $2,226.13 360 1-May-29
5051587 DAVIDSONVILLE MD 21035 SFD 7.250 6.750 $2,148.86 360 1-Jun-29
5051634 SAN MIGUEL CA 93451 SFD 7.875 6.750 $ 2,512.37 360 1-Jul-29
5052006 LOWER MAKEFIELD PA 19067 SFD 7.125 6.750 $ 2,256.29 360 1-Jul-29
5052078 NEW YORK NY 10012 HCO 7.500 6.750 $ 3,272.32 360 1-Jun-29
5052090 NEW CITY NY 10956 SFD 7.500 6.750 $ 1,980.18 360 1-Jun-29
5052282 GREENWICH CT 06830 SFD 7.375 6.750 $ 2,072.03 360 1-Jul-29
5052383 BRENTWOOD CA 94513 SFD 7.875 6.750 $2,081.68 360 1-Jul-29
5052525 SAN JOSE CA 95135 SFD 7.500 6.750 $ 2,359.15 360 1-Jul-29
5052613 SAN JUAN CAPISTRANO CA 92675 SFD 7.875 6.750 $ 2,954.66 360 1-Jul-29
5052710 ENCINITAS CA 92007 SFD 7.000 6.733 $2,508.19 360 1-Jun-29
5052717 TORRANCE CA 90505 SFD 6.875 6.608 $ 2,976.68 360 1-May-29
5052951 BAYVILLE NY 11709 SFD 7.625 6.750 $ 2,802.86 360 1-Jun-29
5053183 MARCO ISLAND FL 34145 SFD 7.750 6.750 $ 2,808.34 360 1-Jul-29
5053282 SAN JOSE CA 95129 SFD 8.625 6.750 $ 3,087.83 360 1-Jul-29
5053287 CUPERTINO CA 95014 SFD 8.875 6.750 $2,577.89 360 1-Jul-29
5053322 AUSTIN TX 78730 PUD 7.750 6.750 $ 2,055.75 360 1-Jul-29
5053345 BROOKVILLE NY 11545 SFD 8.125 6.750 $ 5,939.98 360 1-Jul-29
5053403 PARKLAND FL 33076 SFD 7.375 6.750 $2,237.79 360 1-Jul-29
5053449 NEWTON MA 02468 SFD 7.250 6.750 $ 2,251.19 360 1-Jul-29
5053509 FERNANDINA BEACH FL 32034 SFD 7.375 6.750 $ 2,072.03 360 1-May-29
5053747 NEW CITY NY 10956 SFD 7.375 6.750 $2,547.97 360 1-Jun-29
5053863 NOKESVILLE VA 20181 SFD 7.625 6.750 $2,240.17 360 1-Jul-29
5054181 VICKSBURG MS 39180 SFD 7.250 6.750 $ 2,087.46 360 1-Jun-29
5054221 MCLEAN VA 22101 SFD 8.625 6.750 $ 3,620.62 360 1-Jul-29
5054391 LAGUNA HILLS CA 92653 LCO 8.375 6.750 $ 2,249.82 360 1-Jul-29
5054673 SAN DIEGO CA 92106 SFD 7.125 6.750 $ 1,953.78 360 1-Jun-29
5054742 SAN DIEGO CA 92119 SFD 7.500 6.750 $2,045.21 360 1-Jun-29
5054767 BOISE ID 83702 SFD 7.250 6.750 $ 1,811.18 360 1-Jun-29
5054912 SAN JOSE CA 95135 SFD 8.250 6.750 $3,944.15 360 1-Jul-29
5054988 WEST CHESTER PA 19382 SFD 7.125 6.750 $ 1,768.51 360 1-Jun-29
5055028 POTOMAC MD 20854 SFD 8.625 6.750 $4,150.29 360 1-Jul-29
5055222 AMAGANSETT NY 11930 SFD 7.750 6.750 $3,492.51 360 1-Jun-29
5055381 LUTHERVILLE MD 21093 SFD 7.125 6.750 $1,980.40 360 1-Jul-29
5055478 SANDS POINT NY 11050 SFD 7.000 6.733 $ 3,273.29 360 1-Apr-29
5055756 FREMONT CA 94538 SFD 8.375 6.750 $ 3,420.33 360 1-Jul-29
5055865 AUSTIN TX 78731 SFD 7.500 6.750 $ 2,342.37 360 1-Jul-29
5055889 SAN FRANCISCO CA 94131 SFD 7.875 6.750 $ 1,914.19 360 1-Jun-29
5055918 ISLE OF PALMS SC 29451 SFD 7.000 6.733 $ 2,365.15 360 1-Jun-29
5056065 SEATTLE WA 98103 SFD 7.625 6.750 $ 2,746.24 360 1-Jul-29
5056375 CANYON COUNTRY CA 91351 SFD 7.375 6.750 $ 3,315.25 360 1-Jul-29
5056398 MOUNTAIN VIEW CA 94043 SFD 7.750 6.750 $ 2,665.06 360 1-Jul-29
5056538 BOCA RATON FL 33498 SFD 7.625 6.750 $2,519.04 360 1-Jul-29
5056550 BROOKLYN NY 11231 MF2 7.750 6.750 $2,372.76 360 1-Jul-29
5056691 MAKAWAO HI 96768 SFD 7.625 6.750 $ 1,557.15 360 1-Jun-29
5056763 ANNAPOLIS MD 21401 SFD 7.375 6.750 $2,361.42 360 1-Jul-29
5057025 QUOGUE NY 11959 SFD 7.750 6.750 $2,149.24 360 1-Jul-29
5057216 SAN JOSE CA 95129 SFD 8.875 6.750 $ 2,864.33 360 1-Jul-29
5057270 GREENVALE NY 11548 SFD 7.875 6.750 $ 989.72 360 1-Jul-29
5057430 KENT WA 98042 SFD 7.000 6.733 $ 1,787.67 360 1-May-29
5057533 SAN FRANCISCO CA 94116 SFD 7.000 6.733 $2,128.97 360 1-May-29
5057546 SAN FRANCISCO CA 94116 SFD 7.750 6.750 $ 2,167.15 360 1-May-29
5057565 PLEASANTON CA 94566 SFD 7.000 6.733 $ 2,346.89 360 1-May-29
5057586 GLENDALE CA 91207 SFD 7.000 6.733 $2,544.79 360 1-Apr-29
5057606 NOVI MI 48374 SFD 7.250 6.750 $ 1,978.31 360 1-Jan-29
5057646 MOORESTOWN NJ 08057 SFD 6.500 6.233 $2,212.24 360 1-May-29
5057685 LEXINGTON MA 02420 SFD 7.125 6.750 $2,004.31 360 1-Feb-29
5057743 MILLBURN NJ 07041 SFD 6.750 6.483 $ 1,702.58 360 1-May-29
5057770 LOS GATOS CA 95030 SFD 6.875 6.608 $3,021.88 360 1-Apr-29
5057947 SEBASTOPOL CA 95472 SFD 8.000 6.750 $3,375.32 360 1-Jul-29
5058174 LOS GATOS CA 95033 SFD 7.000 6.733 $ 2,195.50 360 1-Apr-29
5058184 WINDERMERE FL 34786 SFD 6.750 6.483 $1,686.36 360 1-May-29
5058225 LOS GATOS CA 95030 SFD 7.250 6.750 $2,881.52 360 1-Apr-29
5058234 LAKE FOREST PARK WA 98155 SFD 7.000 6.733 $ 1,896.12 360 1-May-29
5058338 QUOGUE NY 11959 SFD 7.375 6.750 $ 2,279.23 360 1-Nov-28
5058343 WILTON CT 06897 SFD 6.750 6.483 $4,183.46 360 1-Apr-29
5058346 ALPHARETTA GA 30004 SFD 6.750 6.483 $ 2,594.39 360 1-Jul-29
5058355 LEXINGTON MA 02421 SFD 6.750 6.483 $1,945.80 360 1-May-29
5058373 LITTLETON CO 80124 SFD 7.000 6.733 $ 2,245.40 360 1-May-29
5058389 SANTA CRUZ CA 95062 SFD 6.875 6.608 $ 2,117.94 360 1-May-29
5058390 NORMANDY PARK WA 98166 SFD 7.250 6.750 $4,434.15 360 1-May-29
5058430 RANCHO MIRAGE CA 92270 SFD 7.000 6.733 $ 2,661.21 360 1-Jul-29
5058434 KENNETT SQUARE PA 19348 SFD 6.625 6.358 $ 2,288.48 360 1-Apr-29
5058520 SAN FRANCISCO CA 94127 SFD 7.125 6.750 $ 3,988.42 360 1-May-29
5058529 WALNUT CREEK CA 94598 SFD 6.875 6.608 $ 2,548.89 360 1-May-29
5058533 MENLO PARK CA 94025 SFD 7.375 6.750 $ 3,453.38 360 1-May-29
5058619 APTOS CA 95003 SFD 6.875 6.608 $ 3,142.75 360 1-Apr-29
5058659 ACTON MA 01720 SFD 7.375 6.750 $1,968.43 360 1-Apr-29
5058668 ALAMEDA CA 94501 LCO 7.375 6.750 $ 1,685.25 360 1-Apr-29
5058676 RIDGEWOOD NJ 07450 SFD 6.500 6.233 $3,160.34 360 1-Apr-29
5058688 LAFAYETTE CO 80026 SFD 6.875 6.608 $3,048.15 360 1-Apr-29
5058691 SAN JOSE CA 95125 SFD 6.375 6.108 $ 2,436.22 360 1-Apr-29
5058699 MOUNTIAN VIEW CA 94040 SFD 6.375 6.108 $ 2,205.39 360 1-Apr-29
5058701 SANDY OR 97055 SFD 7.250 6.750 $4,434.15 360 1-Apr-29
5059250 SEARINGTOWN NY 11576 SFD 7.125 6.750 $ 1,987.47 360 1-Jul-29
5060087 ANNAPOLIS MD 21401 SFD 8.750 6.750 $3,146.80 360 1-Jul-29
5060330 WHITE PLAINS NY 10607 LCO 8.500 6.750 $ 663.19 360 1-Jul-29
5060691 SAN CARLOS CA 94070 SFD 8.500 6.750 $3,752.30 360 1-Jul-29
5060725 FREMONT CA 94539 SFD 8.625 6.750 $ 2,333.37 360 1-Jul-29
5061076 LAKE FOREST IL 60045 SFD 7.125 6.750 $ 2,964.37 360 1-Jun-29
5061190 CINCINNATI OH 45241 SFD 7.375 6.750 $1,838.93 360 1-May-29
5063398 BAINBRIDGE ISLAND WA 98110 SFD 7.375 6.750 $ 1,809.57 360 1-Jul-29
5063626 SANTA ROSA CA 95403 SFD 7.000 6.733 $ 2,395.09 360 1-May-29
5063691 SANTA ROSA CA 95404 SFD 7.000 6.733 $ 2,182.19 360 1-May-29
5063704 LA JOLLA CA 92037 LCO 7.000 6.733 $ 2,230.43 360 1-Jun-29
5063771 MILPITAS CA 95035 SFD 7.000 6.733 $ 2,022.52 360 1-May-29
5063780 MARTINEZ CA 94553 SFD 7.000 6.733 $ 1,900.10 360 1-May-29
5063802 MODESTO CA 95358 SFD 7.625 6.750 $2,031.37 360 1-Jun-29
5064275 FAYETTEVILLE GA 30214 SFD 7.375 6.750 $ 2,417.37 360 1-Jul-29
5064664 APTOS CA 95003 SFD 8.250 6.750 $ 3,413.01 360 1-Jul-29
5065318 REDWOOD CITY CA 94065 PUD 8.875 6.750 $2,896.15 360 1-Jul-29
5067033 HILLIARD OH 43026 SFD 6.750 6.483 $ 1,569.61 360 1-Jul-29
5067296 NYACK NY 10960 SFD 8.250 6.750 $ 2,374.00 360 1-Jul-29
5067995 SUFFERN NY 10901 PUD 7.875 6.750 $ 1,957.69 360 1-Jul-29
5068147 ROANOKE VA 24014 SFD 6.375 6.108 $1,647.02 360 1-Jun-29
5069953 BERWYN PA 19312 SFD 6.375 6.108 $ 2,370.71 360 1-May-29
5070064 LEXINGTON MA 02420 SFD 6.500 6.233 $4,108.45 360 1-May-29
5070088 RICHMOND VA 23233 SFD 7.250 6.750 $ 1,823.12 360 1-May-29
6481046 FORT COLLINS CO 80525 SFD 7.375 6.750 $ 2,613.51 360 1-May-28
6530772 LYNNFIELD MA 01940 LCO 7.875 6.750 $ 1,598.05 360 1-Dec-27
6536958 SALISBURY NH 03268 SFD 7.625 6.750 $ 2,247.24 360 1-Dec-28
6554812 FALLS CHURCH VA 22046 PUD 7.250 6.750 $ 1,718.54 360 1-Dec-27
6578435 GLOUCESTER MA 01930 SFD 7.750 6.750 $ 3,582.06 360 1-May-29
6609023 PAYSON AZ 85541 SFD 7.500 6.750 $2,231.89 360 1-Jun-29
6644662 AUSTIN TX 78733 SFD 7.750 6.750 $ 2,161.13 360 1-May-28
6648279 BIRMINGHAM AL 35244 SFD 6.875 6.608 $3,012.02 360 1-Jun-29
6718657 OMAHA NE 68132 SFD 6.875 6.608 $3,149.97 360 1-Jun-29
6793664 EL DORADO HILLS CA 95762 SFD 7.250 6.750 $1,786.62 360 1-May-28
6798177 OMAHA NE 68152 SFD 7.000 6.733 $ 2,661.21 360 1-Jul-29
6804231 KERRVILLE TX 78028 SFD 7.625 6.750 $ 2,630.87 360 1-Jul-29
6809857 CASTLE ROCK CO 80104 SFD 7.250 6.750 $6,821.76 360 1-Jun-29
6840405 FRAMINGHAM MA 01701 SFD 7.250 6.750 $1,943.96 360 1-May-29
6843936 HILLSBOROUGH TWP NJ 08853 SFD 7.500 6.750 $1,748.04 360 1-Jun-29
6852389 SAN LUIS OBISPO CA 93405 SFD 7.250 6.750 $ 4,411.98 360 1-May-29
6853285 SCOTTSDALE AZ 85260 SFD 7.250 6.750 $1,845.29 360 1-Mar-29
6905902 OMAHA NE 68124 SFD 7.500 6.750 $ 2,153.58 360 1-Jul-28
6910470 ROWLEY MA 01969 SFD 7.250 6.750 $ 2,236.99 360 1-Apr-29
6921376 ROCHESTER MN 55901 SFD 7.750 6.750 $ 2,338.37 360 1-Jul-29
6928694 CAVE CREEK AZ 85331 SFD 7.500 6.750 $3,132.48 360 1-Jul-29
6929021 LONGMONT CO 80503 SFD 6.750 6.483 $4,154.92 360 1-Jul-29
6942614 MESA AZ 85205 SFD 7.000 6.733 $2,275.33 360 1-May-29
6946035 CARMICHAEL CA 95608 SFD 7.625 6.750 $1,734.09 360 1-Jul-29
6950330 PARK CITY UT 84060 SFD 7.125 6.750 $ 3,368.59 360 1-Jun-29
6950357 DOYLESTOWN PA 18901 SFD 6.750 6.483 $2,010.65 360 1-Jun-29
6965808 TEWKSBURY TWP NJ 08858 SFD 7.375 6.750 $ 2,072.03 360 1-Jul-28
7023885 DURANGO CO 81301 SFD 7.125 6.750 $ 2,317.59 360 1-Jul-29
7058916 LITTLETON CO 80124 SFD 7.250 6.750 $ 2,211.62 360 1-Jun-29
7074754 OAKLAND NJ 07436 SFD 7.375 6.750 $2,196.35 360 1-Jun-29
7078454 SARASOTA FL 34240 SFD 7.000 6.733 $2,029.17 360 1-Jul-29
7078666 BLAIRSDEN CA 96103 SFD 7.625 6.750 $3,538.97 360 1-Jun-29
7078677 MORTON IL 61550 SFD 6.875 6.608 $1,734.29 360 1-Jan-29
7090409 MONTVALE NJ 07645 SFD 7.375 6.750 $2,265.41 360 1-Jul-29
7100286 PHOENIX AZ 85045 SFD 7.250 6.750 $ 1,877.47 360 1-Jul-29
7101980 CHINO HILLS CA 91709 SFD 7.125 6.750 $ 3,922.05 360 1-Apr-29
7104416 MESA AZ 85215 PUD 7.250 6.750 $ 2,016.51 360 1-May-29
7110198 CARDIFF CA 92007 SFD 7.000 6.733 $ 2,101.03 360 1-Jun-29
7121360 CASTLE ROCK CO 80104 PUD 7.500 6.750 $ 2,654.22 360 1-May-29
7125076 SAN JOSE CA 95138 SFD 7.750 6.750 $ 6,089.50 360 1-Jun-29
7131370 SCOTTSDALE AZ 85259 SFD 7.375 6.750 $ 2,178.73 360 1-May-29
7135942 GRANITE BAY CA 95746 SFD 7.500 6.750 $3,705.84 360 1-Jul-29
7136006 NEWPORT BEACH CA 92660 SFD 6.875 6.608 $ 4,926.97 360 1-Jun-29
7141909 SAN DIEGO CA 92121 SFD 6.875 6.608 $ 2,094.62 360 1-Apr-29
7151374 MORGANTOWN WV 26505 SFD 7.500 6.750 $ 4,544.89 360 1-Nov-28
7165417 BELLE MEAD NJ 08502 SFD 7.500 6.750 $ 2,208.82 360 1-Jun-29
7168929 OWINGS MILLS MD 21117 SFD 7.000 6.733 $1,709.49 360 1-Apr-29
7169259 WEST NEWBURY MA 01985 SFD 7.375 6.750 $ 2,072.03 360 1-Jun-29
7181212 POWELL OH 43065 SFD 6.875 6.608 $1,687.26 360 1-Jun-29
7184908 SCOTTSDALE AZ 85255 SFD 7.125 6.750 $ 2,026.28 360 1-Jun-29
7195054 CUMMING IA 50061 SFD 7.375 6.750 $2,377.65 360 1-May-29
7197511 PHOENIX AZ 85054 SFD 7.250 6.750 $ 2,046.53 360 1-Apr-29
7209450 LAUREL MD 20707 SFD 8.000 6.750 $2,091.23 360 1-Jun-29
7213299 COROLLA NC 27927 SFD 7.125 6.750 $ 1,858.41 300 1-Jun-24
7221294 BLUE BELL PA 19422 SFD 7.125 6.750 $3,834.13 360 1-Jun-29
7227540 FORESTHILL CA 95631 SFD 7.375 6.750 $ 2,030.58 360 1-May-29
7230580 CHINO HILLS CA 91709 SFD 6.875 6.608 $ 2,908.22 360 1-Mar-29
7258047 BERWYN PA 19312 SFD 6.500 6.233 $2,872.12 360 1-Jun-29
7264538 SARASOTA FL 34202 SFD 6.875 6.608 $ 1,747.34 360 1-Jun-29
7267622 COLORADO SPRINGS CO 80918 SFD 7.625 6.750 $ 3,698.58 360 1-Jun-29
7274814 MEQUON WI 53092 SFD 7.375 6.750 $2,565.86 360 1-May-29
7281308 OMAHA NE 68138 SFD 7.125 6.750 $ 1,771.88 360 1-Mar-29
7282675 ELKHORN NE 68022 SFD 7.375 6.750 $1,968.42 360 1-Jul-29
7285746 IRVINE CA 92602 SFD 6.625 6.358 $1,864.59 360 1-May-29
7286288 CANTON MA 02021 SFD 6.750 6.483 $3,450.54 360 1-Jul-29
7293497 CLAREMONT CA 91711 SFD 7.500 6.750 $2,455.64 360 1-Mar-29
7318716 GILROY CA 95020 SFD 6.875 6.608 $1,972.02 360 1-Jun-29
7321348 PALATINE IL 60067 PUD 7.250 6.750 $1,892.36 360 1-Jun-29
7324774 FOUNTAIN HILLS AZ 85268 SFD 6.625 6.358 $ 2,997.62 360 1-Jul-29
7324852 PEARL RIVER NY 10965 SFD 7.375 6.750 $2,087.57 360 1-Dec-28
7331316 RANDOLPH NJ 07869 SFD 6.625 6.358 $1,920.93 360 1-Jul-29
7368282 DRIGGS ID 83422 SFD 7.750 6.750 $ 2,643.56 360 1-Jul-29
7376765 GRAYSLAKE IL 60030 SFD 7.750 6.750 $ 1,947.21 360 1-Jul-29
7402826 NEW CITY NY 10956 SFD 7.500 6.750 $ 2,936.70 360 1-Jul-29
7410247 MENDHAM TOWNSHIP NJ 07945 SFD 7.500 6.750 $ 4,204.34 360 1-Jun-29
7422050 SOUTH RIDING VA 20152 SFD 6.750 6.483 $ 2,257.77 360 1-Jun-29
7422625 YONKERS NY 10710 PUD 7.375 6.750 $1,889.00 360 1-Jan-29
7423013 MONTCLAIR NJ 07042 SFD 7.500 6.750 $ 2,286.43 360 1-Jul-29
7425693 CARLSBAD CA 92009 SFD 7.250 6.750 $ 2,046.53 360 1-Jun-29
7432947 NIWOT CO 80503 PUD 7.625 6.750 $10,404.57 360 1-Mar-29
7434481 SOUTH RIDING VA 20152 SFD 6.625 6.358 $ 1,883.15 360 1-Jun-29
7441613 HOPKINTON MA 01748 SFD 6.625 6.358 $ 2,049.00 360 1-Jun-29
7454834 SOUTH WINDSOR CT 06074 SFD 6.750 6.483 $ 2,093.03 360 1-Jun-29
7462419 CONGERS NY 10920 SFD 7.000 6.733 $ 2,261.10 360 1-Jun-29
7482717 DARNESTOWN MD 20878 SFD 7.000 6.733 $ 3,020.47 360 1-Jul-29
7484901 ASHBURN VA 20148 SFD 6.375 6.108 $ 1,947.10 360 1-Jun-29
7485940 BOULDER CO 80302 SFD 7.375 6.750 $3,387.10 360 1-Jun-29
7487927 STERLING VA 20165 SFD 6.750 6.483 $ 1,919.20 360 1-Jul-29
7496142 CLAYTON CA 94517 SFD 7.375 6.750 $ 2,897.86 360 1-Jun-29
7507626 ROSWELL GA 30075 SFD 7.500 6.750 $2,447.25 360 1-Jun-29
7509463 GRAFTON WI 53024 SFD 7.250 6.750 $ 2,251.18 360 1-May-29
7521171 CASTAIC CA 91384 SFD 7.750 6.750 $ 2,098.37 360 1-Jul-29
7523022 DOWNINGTOWN PA 19335 SFD 6.625 6.358 $1,760.34 360 1-Jul-29
7534491 MENDENHALL PA 19357 SFD 6.500 6.233 $1,896.20 360 1-May-29
7535144 MAPLEWOOD MN 55119 SFD 7.375 6.750 $1,883.47 360 1-Jun-29
7539382 ONTARIO CA 91761 SFD 6.750 6.483 $ 1,055.53 360 1-Jul-29
7540233 ELK GROVE CA 95758 SFD 7.625 6.750 $ 1,902.55 360 1-Jun-29
7540557 LEESBURG VA 20175 SFD 6.750 6.483 $ 1,745.05 360 1-Jul-29
7548240 PALM DESERT CA 92260 SFD 7.000 6.733 $2,063.10 360 1-Feb-29
7550170 CAMARILLO CA 93010 SFD 7.500 6.750 $ 2,223.50 360 1-Jun-29
7550740 ELK GROVE CA 95758 SFD 7.250 6.750 $ 2,191.15 360 1-Jun-29
7552587 PELHAM MANOR NY 10803 SFD 7.250 6.750 $ 1,739.55 360 1-May-29
7552704 AGOURA HILLS CA 91301 PUD 7.000 6.733 $ 1,910.75 360 1-Feb-29
7555538 POOLESVILLE MD 20837 SFD 7.500 6.750 $ 2,097.64 360 1-Jul-29
7556086 LASALLE CO 80545 SFD 7.375 6.750 $2,762.70 360 1-Jun-29
7556419 SAN CARLOS CA 94070 SFD 7.500 6.750 $2,272.45 360 1-Jun-29
7559659 CREVE COEUR MO 63141 SFD 7.250 6.750 $1,938.87 360 1-Jul-29
7561912 SIOUX FALLS SD 57105 SFD 7.375 6.750 $2,206.71 360 1-Jun-29
7564672 CLIVE IA 50322 SFD 7.125 6.750 $ 1,876.31 360 1-Jul-29
7571326 CHINO HILLS CA 91709 SFD 7.000 6.733 $ 1,841.22 360 1-Jun-29
7572911 MORGAN HILL CA 95037 PUD 7.125 6.750 $2,126.32 360 1-Jul-29
7573473 DANA POINT CA 92624 SFD 7.375 6.750 $6,906.75 360 1-Jun-29
7575085 CHESTERFIELD MO 63005 SFD 6.750 6.483 $ 2,067.08 360 1-Jun-29
7581161 SNOWMASS VILLAGE CO 81615 LCO 7.125 6.750 $1,929.53 360 1-May-29
7584520 NORWALK CT 06851 SFD 7.750 6.750 $ 1,375.51 360 1-Jul-29
7589756 CHULA VISTA CA 91914 SFD 7.125 6.750 $ 1,715.62 360 1-Jul-29
7591743 BLOOMINGDALE IL 60108 SFD 7.125 6.750 $2,316.63 360 1-Jun-29
7595816 ALPHARETTA GA 30005 SFD 7.000 6.733 $ 1,807.17 360 1-Jun-29
7595836 HEALDSBURG CA 95448 SFD 7.750 6.750 $ 501.49 360 1-Jul-29
7596366 NEW HUDSON MI 48165 SFD 7.125 6.750 $1,732.80 360 1-Jul-29
7596811 PASADENA CA 91104 SFD 7.000 6.733 $ 1,900.10 360 1-May-29
7597356 RINGOES NJ 08551 SFD 7.500 6.750 $2,135.40 360 1-Jun-29
7602702 MONMOUTH JUNCTION NJ 08852 SFD 7.375 6.750 $ 1,775.04 360 1-Apr-29
7605538 MIDDLETOWN NJ 07748 SFD 7.625 6.750 $ 2,017.21 360 1-Jul-29
7606118 PLYMOUTH MN 55441 SFD 8.000 6.750 $2,146.30 360 1-Jul-29
7606367 SNOWMASS VILLAGE CO 81615 SFD 7.500 6.750 $5,069.31 360 1-Jun-29
7610156 MCLEAN VA 22101 SFD 6.625 6.358 $3,124.72 360 1-Jun-29
7611768 WILBRAHAM MA 01095 SFD 6.875 6.608 $2,307.13 360 1-May-29
7611996 AUSTIN TX 78733 SFD 7.250 6.750 $ 2,386.74 360 1-Jun-29
7612509 SAN FRANCISCO CA 94110 SFD 7.250 6.750 $2,106.22 360 1-May-29
7613109 NAPERVILLE IL 60564 SFD 7.375 6.750 $1,920.08 360 1-Jun-29
7617228 LIVERMORE CA 94550 SFD 7.000 6.733 $2,053.79 360 1-May-29
7617980 LOS GATOS CA 95030 SFD 7.125 6.750 $3,981.68 360 1-Jun-29
7618391 TOWN OF WESTFIELD NJ 07090 SFD 7.375 6.750 $ 1,740.50 360 1-Jun-29
7619348 MONTCLAIR TWP NJ 07042 SFD 7.500 6.750 $ 2,097.64 360 1-Jun-29
7621049 FAIR OAKS CA 95628 SFD 7.500 6.750 $ 3,356.23 360 1-Jun-29
7621826 OAKLAND CA 94611 SFD 7.375 6.750 $ 2,405.28 360 1-Jun-29
7622510 GRANITE BAY CA 95746 SFD 7.500 6.750 $ 5,383.60 360 1-Jun-29
7623201 PORTLAND ME 04103 LCO 7.750 6.750 $ 343.16 240 1-Mar-19
7623778 NEEDHAM MA 02492 SFD 7.250 6.750 $ 2,728.71 360 1-Jul-29
7623939 SAN FRANCISCO CA 94114 LCO 6.750 6.483 $ 2,185.78 360 1-Jun-29
7625563 SAN DIEGO CA 92131 PUD 7.000 6.733 $1,943.26 360 1-Apr-29
7625887 SAN DIEGO CA 92121 SFD 6.625 6.358 $1,862.66 360 1-Jun-29
7627248 BELLINGHAM WA 98225 SFD 7.250 6.750 $ 2,026.06 360 1-May-29
7627348 SANTA ROSA CA 95409 SFD 7.375 6.750 $ 1,776.76 360 1-Jun-29
7627923 NORTHAMPTON MA 01060 SFD 7.000 6.733 $ 2,293.96 360 1-Jun-29
7627986 ALPHARETTA GA 30302 SFD 7.375 6.750 $2,321.36 360 1-Jul-29
7630718 NEW YORK NY 10023 SFD 6.875 6.608 $ 6,569.29 360 1-May-29
7630745 SAN FRANCISCO CA 94118 SFD 6.750 6.483 $ 6,485.98 360 1-Jun-29
7630845 ENGLEWOOD NJ 07631 SFD 7.375 6.750 $ 4,489.39 360 1-Jun-29
7631368 BUFORD GA 30518 SFD 7.375 6.750 $ 2,228.46 360 1-Jun-29
7631606 POTOMAC MD 20854 SFD 7.250 6.750 $2,109.29 360 1-Apr-29
7631722 FAIRFAX VA 22031 SFD 6.750 6.483 $ 1,816.07 360 1-Jun-29
7631846 SILVERTHONE CO 80498 SFD 7.250 6.750 $1,880.08 360 1-Jul-29
7633493 SAN DIEGO CA 92121 SFD 6.875 6.608 $2,020.71 360 1-Jul-29
7635243 ORONO MN 55356 SFD 7.625 6.750 $ 2,468.43 360 1-May-29
7635387 LIVERMORE CA 94550 SFD 7.250 6.750 $ 2,630.47 360 1-Jul-29
7635797 SPRINGFIELD VA 22152 SFD 6.875 6.608 $1,997.06 360 1-Jun-29
7636257 FAIRFIELD CA 94533 PUD 6.750 6.483 $ 1,945.79 360 1-May-29
7636702 SPRINGFIELD NJ 07081 SFD 7.750 6.750 $1,329.66 360 1-Jun-29
7636963 CORONA CA 91719 SFD 7.000 6.733 $2,671.02 360 1-Jun-29
7638544 MINNEAPOLIS MN 55405 SFD 7.000 6.733 $1,820.27 360 1-Jun-29
7639599 ARLINGTON VA 22205 SFD 7.000 6.733 $1,908.09 360 1-Jun-29
7639928 CHULA VISTA CA 91913 SFD 7.750 6.750 $1,830.79 360 1-Jul-29
7639932 BROOKFIELD WI 53045 SFD 6.750 6.483 $ 1,945.79 360 1-Jul-29
7639965 BENICIA CA 94510 SFD 7.125 6.750 $ 2,088.24 360 1-Jun-29
7642087 BORO OF EMERSON NJ 07630 SFD 7.125 6.750 $ 2,021.16 360 1-Jul-29
7644389 OAK PARK CA 91377 SFD 7.000 6.733 $3,139.90 360 1-Jun-29
7644691 SAYREVILLE NJ 08872 SFD 7.625 6.750 $ 472.45 360 1-May-29
7647018 SUDBURY MA 01776 SFD 7.000 6.733 $3,659.16 360 1-Jul-29
7647224 TONKA BAY MN 55331 SFD 7.375 6.750 $2,403.55 360 1-Jul-29
7647856 SCOTTSDALE AZ 85258 SFD 8.000 6.750 $ 1,893.11 360 1-Jun-29
7649382 HAM LAKE MN 55304 SFD 7.125 6.750 $1,664.08 360 1-Jun-29
7650129 PARK CITY UT 84060 SFD 7.375 6.750 $ 2,099.65 360 1-May-29
7650421 PLYMOUTH MN 55446 SFD 7.625 6.750 $ 2,118.07 360 1-Jun-29
7650775 LA JOLLA CA 92037 SFD 7.125 6.750 $2,219.90 360 1-Jun-29
7650933 SARASOTA FL 34240 SFD 7.250 6.750 $ 2,097.69 360 1-Apr-29
7650968 VIRGINIA BEACH VA 23451 SFD 7.125 6.750 $2,735.30 360 1-May-29
7652324 WESTLAKE OH 44145 SFD 7.250 6.750 $2,585.32 240 1-May-19
7653177 HAGERSTOWN MD 21740 SFD 7.000 6.733 $1,809.62 360 1-Jun-29
7653207 CHINO HILLS CA 91709 SFD 7.250 6.750 $ 2,127.56 360 1-Jul-29
7653424 BERKELEY CA 94705 SFD 7.375 6.750 $ 3,746.22 360 1-Jun-29
7653451 STAMFORD CT 06906 SFD 7.000 6.733 $2,448.31 360 1-Jun-29
7655453 LANDENBURG PA 19350 SFD 6.750 6.483 $ 2,334.95 360 1-May-29
7657975 GROTON MA 01450 SFD 7.250 6.750 $ 2,046.53 360 1-May-29
7658921 ALPHARETTA GA 30022 SFD 7.250 6.750 $ 1,970.13 360 1-Jun-29
7660133 MARIETTA GA 30068 SFD 7.250 6.750 $2,009.01 360 1-Jun-29
7660488 EDEN PRAIRIE MN 55347 SFD 7.250 6.750 $ 1,867.12 360 1-May-29
7660825 LOS GATOS CA 95032 SFD 6.875 6.608 $3,967.85 360 1-Jun-29
7660899 MINNETONKA MN 55345 SFD 7.000 6.733 $ 1,719.14 360 1-Jun-29
7660981 DENVER CO 80210 SFD 7.250 6.750 $ 1,991.95 360 1-Jun-29
7661631 WHITE PLAINS NY 10603 SFD 7.375 6.750 $1,933.89 360 1-Jun-29
7661762 OCEAN CITY NJ 08226 LCO 7.250 6.750 $ 2,960.65 360 1-May-29
7662821 PARADISE VALLEY AZ 85253 SFD 7.125 6.750 $ 2,492.76 360 1-May-29
7663197 WASHINGTON TWP. NJ 08080 SFD 7.750 6.750 $2,075.80 360 1-Jun-29
7663285 PELHAM MANOR NY 10803 SFD 7.625 6.750 $ 2,087.99 360 1-Jun-29
7663438 WESTFORD MA 01886 SFD 6.750 6.483 $1,867.96 360 1-Jun-29
7663535 ANDOVER MA 01810 SFD 7.500 6.750 $ 3,686.26 360 1-Jun-29
7665296 ATLANTA GA 30342 PUD 7.000 6.733 $ 3,538.88 360 1-May-29
7665323 POUGHKEEPSIE NY 12603 SFD 7.500 6.750 $1,992.76 360 1-Jul-29
7665635 SAN JOSE CA 95120 SFD 7.500 6.750 $4,419.04 360 1-Jul-29
7665895 WARREN NJ 07059 SFD 7.500 6.750 $2,377.33 360 1-Jun-29
7666865 GURNEE IL 60031 SFD 6.500 6.233 $1,637.06 360 1-Jul-29
7667610 GREENWOOD MN 55331 SFD 6.875 6.608 $ 6,569.29 360 1-May-29
7668047 ALISO VIEJO AREA CA 92656 LCO 7.625 6.750 $1,998.46 360 1-May-29
7668328 LANCASTER PA 17603 SFD 6.750 6.483 $ 1,764.19 360 1-Jun-29
7669156 MONTCLAIR TWNSHIP NJ 07642 SFD 7.875 6.750 $ 2,646.50 360 1-Jun-29
7669518 VIRGINIA BEACH VA 23451 SFD 7.125 6.750 $1,856.09 360 1-May-29
7669751 ROSWELL GA 30075 SFD 7.500 6.750 $1,783.00 360 1-Jun-29
7670346 FOUNTAIN VALLEY CA 92708 SFD 6.500 6.233 $1,809.93 360 1-Jun-29
7670888 FAIRFAX VA 22030 SFD 7.000 6.733 $1,862.85 360 1-Jun-29
7672080 LINO LAKES MN 55114 SFD 7.375 6.750 $ 1,851.01 360 1-Jun-29
7672125 NOVATO CA 94945 SFD 6.875 6.608 $ 1,970.79 360 1-Jun-29
7672246 PARK CITY UT 84098 SFD 7.000 6.733 $1,698.45 360 1-Jun-29
7672977 PLYMOUTH MN 55446 SFD 7.375 6.750 $ 2,927.09 360 1-Jun-29
7673573 WALNUT CA 91789 SFD 7.125 6.750 $2,560.13 360 1-Jun-29
7673688 DULUTH MN 55803 SFD 7.375 6.750 $2,237.79 360 1-Jul-29
7674563 COMMACK NY 11725 SFD 7.500 6.750 $ 699.21 360 1-May-29
7675356 SAN RAFAEL CA 94901 SFD 6.625 6.358 $ 1,961.91 360 1-Jun-29
7675409 CROWNSVILLE MD 21032 SFD 7.375 6.750 $1,878.64 360 1-May-29
7676583 BRIARCLIFF MANOR NY 10510 SFD 7.125 6.750 $2,600.55 360 1-Jun-29
7676668 WASHINGTON DC 20036 SFD 7.125 6.750 $ 4,379.17 360 1-Jun-29
7676708 LAKEWOOD CO 80227 SFD 7.375 6.750 $ 2,635.62 360 1-Jun-29
7677022 TONKA BAY MN 55331 SFD 7.000 6.733 $ 1,783.01 360 1-Jun-29
7677227 CHANHASSEN MN 55317 SFD 7.375 6.750 $ 2,591.41 360 1-Jul-29
7677668 DENVER CO 80218 SFD 7.000 6.733 $2,461.62 360 1-May-29
7678074 ASHBURN VA 20147 SFD 7.500 6.750 $1,847.32 360 1-Jul-29
7678256 RYE NY 10580 SFD 7.625 6.750 $1,502.29 360 1-Jun-29
7678528 BETHESDA MD 20817 SFD 7.250 6.750 $2,865.14 360 1-Jul-29
7679459 MOUNT OLIVE TWP NJ 07828 SFD 8.000 6.750 $ 660.39 360 1-Jun-29
7679490 WALDPORT OR 97394 SFD 7.375 6.750 $1,833.74 360 1-Jun-29
7679647 WHITE BEAR LAKE MN 55110 SFD 7.375 6.750 $1,823.38 360 1-Jun-29
7679685 ATASCADERO CA 93422 SFD 7.375 6.750 $ 2,099.65 360 1-Jun-29
7680137 MERIDIAN ID 83642 SFD 7.000 6.733 $ 2,230.09 360 1-Jun-29
7680230 LAGUNA BEACH CA 92651 SFD 7.125 6.750 $ 1,940.31 360 1-Jun-29
7680553 SAN JOSE CA 95123 SFD 7.250 6.750 $1,988.54 360 1-Jun-29
7680666 GRANITE BAY CA 95746 PUD 7.125 6.750 $3,988.41 360 1-May-29
7681297 MT. PROSPECT IL 60056 SFD 7.125 6.750 $ 2,021.16 360 1-Jul-29
7681464 LA GRANGE IL 60525 SFD 7.125 6.750 $ 4,112.38 360 1-Jun-29
7682033 DUNWOODY GA 30350 SFD 7.250 6.750 $ 2,899.25 360 1-Jul-29
7682599 MT. AIRY MD 21771 SFD 7.500 6.750 $1,806.07 360 1-Jun-29
7682817 MIDDLETOWN NJ 07701 SFD 7.250 6.750 $ 3,342.66 360 1-Jul-29
7682986 PLEASANTON CA 94588 SFD 7.250 6.750 $ 4,751.36 360 1-Jun-29
7683264 ROWLAND HEIGHTS CA 91748 SFD 7.375 6.750 $2,104.76 360 1-Jul-29
7684284 OMAHA NE 68118 SFD 7.500 6.750 $ 2,796.86 360 1-Jul-29
7684355 HIGHLAND PARK IL 60035 SFD 7.375 6.750 $ 2,348.30 360 1-Jul-29
7684681 CUPERTINO CA 95014 SFD 7.000 6.733 $ 2,894.07 360 1-Jun-29
7684689 SCOTTSDALE AZ 85262 SFD 7.250 6.750 $ 5,457.41 360 1-May-29
7684738 LOS ANGELES CA 91607 SFD 7.375 6.750 $2,055.45 360 1-Jun-29
7684966 SAN MARINO CA 91108 SFD 6.875 6.608 $ 4,270.04 360 1-Jun-29
7685071 LAGUNA NIGUEL CA 92677 SFD 7.250 6.750 $ 5,457.41 360 1-Jun-29
7685389 FOX ISLAND WA 98335 SFD 7.250 6.750 $3,178.94 360 1-Jul-29
7685594 ANAHEIM CA 92808 SFD 6.875 6.608 $1,898.52 360 1-Jun-29
7686049 MIDLOTHIAN VA 23112 SFD 7.125 6.750 $2,231.36 360 1-Jun-29
7686394 BRECKENRIDGE CO 80424 SFD 7.125 6.750 $1,934.92 360 1-May-29
7686537 SUPERIOR CO 80027 SFD 6.750 6.483 $2,127.40 360 1-Jun-29
7686564 CARLSBAD CA 92009 SFD 7.375 6.750 $ 3,674.39 360 1-Jun-29
7686750 CHESAPEAKE VA 23322 SFD 7.250 6.750 $2,916.30 360 1-Jun-29
7686947 ALPHARETTA GA 30022 SFD 7.375 6.750 $ 2,054.34 360 1-Jun-29
7687700 SALEM NH 03079 SFD 7.500 6.750 $1,906.20 360 1-May-29
7688017 SAN DIEGO CA 92103 LCO 6.875 6.608 $ 660.21 360 1-May-29
7688149 SUNDANCE UT 84604 SFD 7.000 6.733 $ 2,927.33 360 1-Jun-29
7688381 CLIFTON VA 20124 SFD 6.750 6.483 $ 2,101.46 360 1-Jun-29
7688766 PARAMUS BOROUGH NJ 07652 SFD 7.875 6.750 $ 2,264.39 360 1-Jul-29
7688949 DASSEL MN 55325 SFD 7.000 6.733 $ 1,882.81 360 1-Jun-29
7689591 WENHAM MA 01984 SFD 7.250 6.750 $ 2,394.44 360 1-Jun-29
7690106 NEWTON MA 02459 SFD 7.375 6.750 $ 1,989.14 360 1-Jul-29
7690189 SHINGLE SPRINGS CA 95682 SFD 7.500 6.750 $1,223.63 360 1-Jun-29
7690225 UNION CITY CA 94587 PUD 7.250 6.750 $2,012.69 360 1-Jun-29
7690255 CARDIFF CA 92007 SFD 6.750 6.483 $ 2,594.39 360 1-Jun-29
7690867 GLENCOE IL 60022 SFD 7.500 6.750 $6,712.46 360 1-Jul-29
7691196 MINNETONKA MN 55345 SFD 7.000 6.733 $ 2,328.56 360 1-Jun-29
7691333 DENVER CO 80220 SFD 7.250 6.750 $2,322.13 360 1-Jul-29
7691364 REDLANDS CA 92374 SFD 7.000 6.733 $5,062.72 276 1-Jun-22
7691424 EAGAN MN 55122 SFD 7.375 6.750 $ 1,719.09 360 1-Jun-29
7692532 ROCKVILLE MD 20852 SFD 7.500 6.750 $ 2,178.05 360 1-Jun-29
7692649 STONE HARBOR NJ 08247 SFD 7.500 6.750 $3,041.58 360 1-Jun-29
7692818 SAN JOSE CA 95127 SFD 7.000 6.733 $ 1,681.88 360 1-Jun-29
7692844 CUPERTINO CA 95014 SFD 7.375 6.750 $3,108.04 360 1-Jun-29
7692906 BRIDGEHAMPTON NY 11932 SFD 7.250 6.750 $ 1,869.16 360 1-Jun-29
7693345 GREAT FALLS VA 22066 SFD 6.500 6.233 $ 3,337.32 360 1-Jun-29
7693368 LONGMONT CO 80503 SFD 7.375 6.750 $2,313.76 360 1-Jun-29
7693519 ALEXANDRIA VA 22309 SFD 6.250 5.983 $ 1,877.94 360 1-Jun-29
7694050 EDINA MN 55424 SFD 7.375 6.750 $ 2,900.84 360 1-Jul-29
7694127 OJAI CA 93023 SFD 7.250 6.750 $2,319.40 360 1-Jun-29
7694424 OMAHA NE 68154 SFD 7.375 6.750 $1,933.89 360 1-Jun-29
7694448 EATONTOWN NJ 07724 SFD 7.875 6.750 $1,232.62 360 1-Jun-29
7694655 KULA HI 96790 SFD 7.625 6.750 $ 1,351.89 360 1-Jul-29
7694824 SAN LEANDRO CA 94579 SFD 7.375 6.750 $1,864.02 360 1-Jun-29
7695207 ROWLAND HEIGHTS CA 91748 SFD 7.375 6.750 $ 1,657.62 360 1-Jun-29
7696186 ATLANTA GA 30342 SFD 6.875 6.608 $ 1,834.15 360 1-Jun-29
7697004 MARYLAND HEIGHTS MO 63146 SFD 7.750 6.750 $2,691.92 360 1-Jun-29
7697142 FRANKLIN LAKES NJ 07417 SFD 7.375 6.750 $2,127.28 360 1-Jun-29
7697463 MIDLOTHIAN VA 23113 SFD 7.000 6.733 $ 2,677.18 360 1-Jul-29
7697576 SANGER CA 93657 SFD 7.250 6.750 $ 2,044.48 360 1-Jun-29
7697698 ORONO MN 55356 SFD 7.500 6.750 $3,160.45 360 1-Jun-29
7698205 POWAY CA 92064 SFD 7.000 6.733 $2,389.77 360 1-May-29
7698603 SAN LUIS OBISPO CA 93405 SFD 7.500 6.750 $2,013.74 360 1-Jun-29
7698699 PACE FL 32571 SFD 7.750 6.750 $ 2,571.99 360 1-Jul-29
7698993 WOODCLIFF LAKE NJ 07675 SFD 7.375 6.750 $ 2,596.94 360 1-Jun-29
7700436 GERMANTOWN MD 20874 SFD 7.000 6.733 $ 2,005.89 360 1-Jun-29
7700489 SANTA ROSA CA 94509 SFD 7.625 6.750 $ 1,735.86 360 1-Jun-29
7700713 CAMARILLO CA 93010 SFD 7.250 6.750 $2,009.01 360 1-Jun-29
7700942 DUXBURY MA 02332 SFD 7.500 6.750 $ 3,251.35 360 1-Jun-29
7701091 POTOMAC MD 20854 SFD 6.750 6.483 $2,127.40 360 1-Jun-29
7701753 CAT SPRINGS TX 78933 SFD 7.375 6.750 $ 3,370.49 360 1-May-29
7702460 APPLE VALLEY CA 92307 SFD 7.375 6.750 $ 1,771.58 360 1-Jun-29
7702948 ARROYO GRANDE CA 93420 SFD 7.500 6.750 $ 2,062.68 360 1-Jun-29
7703005 SCOTTSDALE AZ 85262 SFD 7.375 6.750 $ 2,400.56 360 1-Jul-29
7703282 CHAPEL HILL NC 27514 SFD 7.250 6.750 $2,182.96 360 1-Jun-29
7703288 PARKLAND FL 33067 SFD 7.250 6.750 $2,182.96 360 1-Jul-29
7703676 LEXINGTON MA 02420 SFD 7.500 6.750 $1,826.70 360 1-Jun-29
7703876 AURORA CO 80015 SFD 7.125 6.750 $1,929.53 360 1-Jun-29
7704161 MIDDLETOWN CA 95461 SFD 7.375 6.750 $2,393.19 360 1-Jun-29
7704916 BLOOMINGTON MN 55431 SFD 7.125 6.750 $ 2,021.16 360 1-Jul-29
7705513 FRASER CO 80442 SFD 7.375 6.750 $2,193.58 360 1-Jun-29
7706029 GRAND JUNCTION CO 81503 SFD 7.000 6.733 $2,747.70 360 1-Jun-29
7707063 SAN DIEGO CA 92130 SFD 6.750 6.483 $ 3,712.13 360 1-Jun-29
7707768 THOUSAND OAKS CA 91360 SFD 7.250 6.750 $3,021.70 360 1-Jun-29
7707808 LITTLETON CO 80123 SFD 7.625 6.750 $2,759.62 360 1-Jul-29
7709012 BETHESDA MD 20816 SFD 7.000 6.733 $ 2,030.50 360 1-Jul-29
7709121 AVON CO 81620 LCO 7.500 6.750 $ 1,856.41 360 1-Jun-29
7709306 ALEXANDRIA VA 22301 SFD 7.125 6.750 $ 2,145.12 360 1-Jun-29
7709392 MARIETTA GA 30068 SFD 6.875 6.608 $2,325.53 360 1-Jul-29
7709772 GAITHERSBURG MD 20878 SFD 7.500 6.750 $2,439.21 360 1-Jun-29
7710055 PLEASANT HILL CA 94523 SFD 7.250 6.750 $1,800.95 360 1-Jun-29
7710107 INCLINE VILLAGE NV 89541 PUD 7.250 6.750 $ 3,492.74 360 1-May-29
7710843 PALISADES PARK NJ 07650 SFD 7.875 6.750 $1,087.60 360 1-Jun-29
7711069 ALBUQUERQUE NM 87111 SFD 7.375 6.750 $4,278.73 360 1-Jun-29
7711353 DECATUR GA 30030 SFD 7.125 6.750 $2,182.85 360 1-Jul-29
7711429 GILROY CA 95020 SFD 7.000 6.733 $1,897.44 360 1-Jul-29
7712423 SAN JUAN CAPISTRA CA 92675 SFD 7.000 6.733 $4,272.91 360 1-May-29
7712522 PALATINE IL 60067 SFD 7.000 6.733 $ 1,868.17 360 1-Jun-29
7713116 SCARSDALE NY 10583 PUD 7.250 6.750 $3,410.88 360 1-Jun-29
7713129 PALOS VERDES EST CA 90274 SFD 7.000 6.733 $6,160.70 360 1-Jun-29
7713227 PARK CITY UT 84098 SFD 7.250 6.750 $3,438.17 360 1-Jun-29
7713382 LOS ALAMITOS CA 90720 SFD 7.625 6.750 $2,123.38 360 1-Jun-29
7713761 SAN DIEGO CA 92107 SFD 7.875 6.750 $ 2,888.68 360 1-Jul-29
7713916 NEWTOWN CT 06470 SFD 7.375 6.750 $2,261.96 360 1-Jun-29
7714375 ALBUQUERQUE NM 87111 SFD 8.375 6.750 $ 849.38 360 1-Jul-29
7714511 SACRAMENTO CA 95831 PUD 8.625 6.750 $2,202.10 360 1-Jul-29
7715177 BLUE BELL PA 19422 PUD 7.375 6.750 $2,691.56 360 1-May-29
7715211 MONTVALE BOROUGH NJ 07645 SFD 7.000 6.733 $2,794.27 360 1-Jun-29
7715460 SPRING PARK MN 55384 SFD 7.375 6.750 $ 2,037.49 360 1-Jul-29
7715871 SCHAUMBURG IL 60173 SFD 7.250 6.750 $ 1,773.66 360 1-Jul-29
7716659 RIVERSIDE IL 60546 SFD 7.500 6.750 $ 3,356.23 360 1-Jul-29
7716875 POTOMAC MD 20854 SFD 6.750 6.483 $4,215.89 360 1-Jun-29
7716890 WASHINGTON DC 20008 SFD 6.875 6.608 $ 2,003.63 360 1-Jun-29
7717252 DENVER CO 80202 HCO 7.375 6.750 $2,310.72 360 1-Jun-29
7718064 WESTFORD MA 01886 SFD 7.000 6.733 $1,926.72 360 1-Jul-29
7718116 ARLINGTON HEIGHTS IL 60004 SFD 7.375 6.750 $1,878.64 360 1-May-29
7718213 CAPE MAY POINT NJ 08204 SFD 7.500 6.750 $3,216.39 360 1-Jun-29
7718359 DANVILLE CA 94506 SFD 6.625 6.358 $3,201.56 360 1-Jun-29
7718405 LAKE OSWEGO OR 97034 SFD 7.000 6.733 $2,218.78 360 1-Jun-29
7718416 ISLE OF PALMS SC 29451 SFD 7.250 6.750 $ 2,285.29 360 1-Jun-29
7719013 DOVE CANYON AREA CA 92679 SFD 7.000 6.733 $ 2,082.40 360 1-Jun-29
7719031 LODI CA 95242 SFD 7.750 6.750 $1,862.67 360 1-Jun-29
7719548 ROCKWALL TX 75032 SFD 7.000 6.733 $1,929.38 360 1-Jun-29
7719771 ELBURN IL 60119 SFD 7.375 6.750 $1,870.00 360 1-Jun-29
7719781 ANDOVER MA 01810 SFD 7.875 6.750 $3,512.96 360 1-Jul-29
7719798 BOWIE MD 20721 SFD 7.875 6.750 $1,837.33 360 1-May-29
7720068 WASHINGTON DC 20007 PUD 7.500 6.750 $3,025.85 360 1-Jun-29
7720354 ALEXANDRIA TWP. NJ 08867 SFD 7.375 6.750 $2,417.36 360 1-Jun-29
7720418 HOUSTON TX 77094 SFD 7.250 6.750 $ 2,969.85 360 1-Jun-29
7720777 GLENDALE CA 91207 SFD 7.000 6.733 $2,725.08 360 1-Jun-29
7720803 NORMAN OK 73072 SFD 7.250 6.750 $ 2,217.07 360 1-Jun-29
7721083 SAN RAMON CA 94583 SFD 7.125 6.750 $ 2,593.82 360 1-Jun-29
7721171 PALM DESERT CA 92211 SFD 7.250 6.750 $ 1,855.52 360 1-Jul-29
7721244 MENDOTA HEIGHTS MN 55120 SFD 7.125 6.750 $ 2,263.69 360 1-Jul-29
7721600 BOISE ID 83712 SFD 7.000 6.733 $1,985.93 360 1-Jun-29
7721725 GERMANTOWN MD 20874 SFD 7.500 6.750 $ 733.65 360 1-Jun-29
7722179 OAKDALE CA 95361 SFD 7.500 6.750 $4,286.18 360 1-Jul-29
7722182 RICHMOND TX 77469 SFD 7.000 6.733 $1,942.68 360 1-Jul-29
7722186 OCEAN CITY NJ 08226 LCO 7.375 6.750 $2,514.06 360 1-May-29
7722379 ENGLEWOOD CO 80110 SFD 7.000 6.733 $3,852.10 360 1-Jun-29
7722569 CLINTON NJ 08809 LCO 7.625 6.750 $ 389.29 360 1-Jun-29
7723174 GRANITE BAY CA 95746 SFD 7.375 6.750 $ 3,453.38 360 1-Jun-29
7723507 BOISE ID 83702 SFD 6.875 6.608 $ 1,807.87 360 1-Jun-29
7723548 SAN JOSE CA 95120 SFD 7.250 6.750 $ 1,973.54 360 1-May-29
7723630 HOUSTON TX 77024 SFD 6.875 6.608 $3,205.81 360 1-Jun-29
7723652 ATLANTA GA 30328 SFD 7.000 6.733 $ 2,528.15 360 1-Jul-29
7723749 MANHATTAN BEACH CA 90266 SFD 7.125 6.750 $3,132.79 360 1-Jun-29
7723984 MISSION VIEJO CA 92692 SFD 7.500 6.750 $ 2,062.68 360 1-Jun-29
7724135 SAN DIEGO CA 92155 SFD 7.000 6.733 $ 1,675.96 360 1-Jun-29
7724184 MONROE CT 06468 SFD 7.000 6.733 $ 1,915.54 360 1-Jun-29
7724395 APTOS CA 95003 PUD 6.875 6.608 $ 2,473.26 360 1-Jun-29
7724546 WILMINGTON NC 28403 SFD 7.250 6.750 $ 1,719.08 360 1-Jun-29
7724559 HOUSTON TX 77025 SFD 6.875 6.608 $ 2,364.94 360 1-Jun-29
7724742 COLORADO SPRINGS CO 80919 SFD 7.125 6.750 $1,993.53 360 1-Jun-29
7724828 MECHANICSVILLE VA 23116 SFD 7.375 6.750 $ 2,066.85 360 1-May-29
7724853 LOS ANGELES CA 91364 SFD 7.125 6.750 $ 1,987.47 360 1-Jun-29
7725063 MEADOWVIEW CA 95722 SFD 7.000 6.733 $ 2,262.03 360 1-Jun-29
7725845 MAPLE GROVE MN 55311 SFD 7.375 6.750 $1,905.43 360 1-Jun-29
7725995 CLOSTER VILLAGE NJ 07624 SFD 7.000 6.733 $3,721.43 240 1-Jul-19
7726018 BARRINGTON IL 60010 SFD 7.375 6.750 $ 2,638.38 360 1-Jun-29
7726540 WAKEFIELD MA 01880 SFD 7.750 6.750 $1,985.89 360 1-Jul-29
7726591 EAST WENATCHEE WA 98802 SFD 7.125 6.750 $ 1,778.62 360 1-Jun-29
7726654 ALPINE CA 91901 SFD 7.750 6.750 $2,724.91 360 1-Jun-29
7726795 SAN GABRIEL CA 91775 SFD 7.625 6.750 $ 1,964.13 360 1-Jun-29
7726855 PINOLE CA 94564 SFD 7.250 6.750 $2,043.12 240 1-Jul-19
7726964 MOORESVILLE NC 28117 PUD 7.250 6.750 $ 1,951.02 360 1-Jun-29
7728095 SAN JOSE CA 95125 SFD 7.750 6.750 $ 2,384.22 360 1-Jul-29
7728103 MONTE SERENO CA 95030 SFD 7.250 6.750 $6,821.76 360 1-Jun-29
7728375 PLEASANTON CA 94588 SFD 7.125 6.750 $ 2,155.90 360 1-Jun-29
7728726 ATLANTA GA 30327 SFD 7.125 6.750 $ 4,778.77 360 1-Jul-29
7728938 LAGUNA CA 92651 SFD 7.375 6.750 $ 3,867.23 360 1-Jun-29
7729100 PHOENIX AZ 85028 SFD 7.500 6.750 $ 3,496.07 360 1-Jul-29
7729147 SNOHOMISH WA 98290 SFD 7.250 6.750 $1,850.06 360 1-Jul-29
7729337 RANCHO CUCAMONGA CA 91737 SFD 7.000 6.733 $ 1,946.01 360 1-Jun-29
7729366 GREENFIELD CA 93927 SFD 7.250 6.750 $2,148.86 360 1-Jun-29
7729389 SILVER SPRING MD 20910 SFD 7.000 6.733 $ 1,729.79 360 1-Jun-29
7729412 SEATTLE WA 98136 SFD 7.875 6.750 $1,939.56 360 1-Jul-29
7729446 SAN DIEGO CA 92130 PUD 6.625 6.358 $ 2,283.99 360 1-Jun-29
7729457 LA MESA CA 91941 SFD 6.875 6.608 $1,839.40 360 1-Jun-29
7729507 REDLANDS CA 92373 SFD 7.125 6.750 $ 2,209.80 360 1-Jun-29
7729532 ALAMO CA 94507 SFD 7.250 6.750 $ 2,728.71 360 1-Jul-29
7729754 SOUTHERN SHORES NC 27949 SFD 7.375 6.750 $ 2,072.03 360 1-Jul-29
7729807 SOUTH HAMILTON MA 01982 SFD 7.000 6.733 $1,639.97 360 1-Jun-29
7729938 SANTA ROSA CA 95409 SFD 7.375 6.750 $ 2,342.43 240 1-Jun-19
7729956 SEATTLE WA 98166 SFD 7.125 6.750 $1,980.73 360 1-Jun-29
7729968 ROSWELL GA 30075 SFD 6.875 6.608 $1,907.46 360 1-Jun-29
7729989 WEST DUNDEE IL 60118 SFD 7.375 6.750 $1,864.82 360 1-Jul-29
7729999 TELLURIDE CO 81435 SFD 7.500 6.750 $ 5,244.11 360 1-Jun-29
7730023 ATLANTA GA 30327 SFD 6.875 6.608 $ 2,496.33 360 1-Jun-29
7730117 TUCKAHOE NY 10707 SFD 7.375 6.750 $ 1,918.90 360 1-Jun-29
7730368 ALISO VIEJO AREA CA 92656 LCO 7.375 6.750 $1,945.63 360 1-Jun-29
7730735 STONE HARBOR NJ 08247 SFD 7.000 6.733 $ 2,993.86 360 1-Jun-29
7731015 COTO DE CAZA CA 92679 SFD 7.125 6.750 $2,627.50 360 1-Jul-29
7731327 MOUNT PLEASANT SC 29466 SFD 7.000 6.733 $1,888.79 360 1-Jun-29
7731472 LAGUNA BEACH CA 92651 SFD 7.250 6.750 $ 3,751.97 360 1-Jun-29
7731516 MAPLEWOOD NJ 07040 SFD 7.250 6.750 $ 2,783.28 360 1-Jun-29
7731712 TRABUCO CANYON CA 92679 SFD 6.875 6.608 $1,734.29 360 1-Jun-29
7731771 UNION CITY CA 94587 SFD 7.000 6.733 $2,162.23 360 1-Jun-29
7731775 SEATTLE WA 98112 SFD 6.875 6.608 $ 2,167.87 360 1-Jun-29
7731911 MASSILLON OH 44646 SFD 7.375 6.750 $ 2,348.30 360 1-Jun-29
7731941 NIPOMO CA 93444 SFD 6.750 6.483 $ 2,153.35 360 1-Jun-29
7731978 PUNTA GORDA FL 33950 SFD 7.125 6.750 $1,934.92 360 1-Jun-29
7732029 LOS ANGELES CA 92655 SFD 7.375 6.750 $1,346.82 360 1-Jun-29
7732092 CHAPEL HILL NC 27516 SFD 6.875 6.608 $2,075.90 360 1-Jun-29
7732386 MEDIA PA 19063 SFD 7.125 6.750 $3,772.82 360 1-Jul-29
7732387 ARLINGTON VA 22209 PUD 6.875 6.608 $2,135.02 360 1-Jun-29
7732642 VENTURA CA 93003 SFD 7.375 6.750 $ 2,480.90 360 1-Jul-29
7733167 DENVER CO 80209 SFD 7.000 6.733 $ 2,661.21 360 1-Jun-29
7733183 ENCINITAS CA 92024 SFD 7.500 6.750 $ 2,181.55 360 1-Jun-29
7733325 LAKEVILLE MN 55044 SFD 7.000 6.733 $1,836.24 360 1-Jun-29
7733568 OREM UT 84097 SFD 7.375 6.750 $ 2,244.69 360 1-Jun-29
7733758 BARRINGTON HILLS IL 60010 SFD 7.500 6.750 $ 2,884.26 360 1-Jun-29
7733997 BELLEVUE WA 98006 PUD 6.750 6.483 $ 1,751.21 360 1-Jul-29
7734014 NEWPORT COAST CA 92657 SFD 7.000 6.733 $3,379.74 360 1-Jun-29
7734075 WOODLAND HILLS CA 91364 SFD 7.125 6.750 $ 2,155.90 360 1-Jun-29
7734152 CAMARILLO CA 93010 SFD 7.375 6.750 $4,138.53 360 1-Jun-29
7734338 TELLURIDE CO 81435 SFD 7.375 6.750 $ 6,049.97 360 1-Jun-29
7734374 DENVER CO 80202 LCO 7.375 6.750 $1,083.32 360 1-Jun-29
7734685 BOULDER CO 80302 SFD 7.000 6.733 $ 2,328.56 360 1-Jun-29
7734731 MINNEAPOLIS MN 55419 SFD 7.125 6.750 $ 2,263.69 360 1-Jun-29
7735091 PARK CITY UT 84098 SFD 7.500 6.750 $ 4,181.30 360 1-May-29
7735142 CLEARWATER FL 33767 HCO 7.625 6.750 $2,355.54 360 1-Jun-29
7735915 KIHEI HI 96753 PUD 6.750 6.483 $4,215.89 360 1-Jun-29
7736298 BLOOMINGTON MN 55438 SFD 7.125 6.750 $1,967.26 360 1-Jun-29
7736336 REDMOND WA 98052 SFD 7.375 6.750 $2,417.36 360 1-Jul-29
7736378 MUKILTEO WA 98275 SFD 7.000 6.733 $ 1,810.62 360 1-Jun-29
7736383 FOUNTAIN VALLEY CA 92708 SFD 6.875 6.608 $ 1,806.55 360 1-Jun-29
7736545 PASADENA CA 91105 LCO 7.375 6.750 $2,425.65 360 1-Jun-29
7736702 SAN RAMON CA 94583 PUD 7.250 6.750 $ 2,046.53 360 1-Jun-29
7736705 OAKLAND CA 94605 SFD 7.500 6.750 $ 2,013.11 360 1-Jul-29
7736763 BOWIE MD 20721 SFD 7.750 6.750 $ 1,898.17 360 1-May-29
7737084 NORCROSS GA 30092 SFD 7.250 6.750 $ 1,705.44 360 1-Jul-29
7737218 THE WOODLANDS TX 77381 SFD 6.500 6.233 $2,970.72 360 1-Jul-29
7737649 CHEVY CHASE MD 20815 SFD 7.250 6.750 $2,455.83 360 1-Jun-29
7737653 ACAMPO CA 95220 SFD 7.250 6.750 $ 3,069.79 360 1-Jun-29
7738169 WOODINVILLE WA 98072 SFD 7.250 6.750 $ 2,292.11 360 1-Jun-29
7738404 DANA POINT CA 92629 SFD 7.625 6.750 $ 1,699.41 360 1-Jun-29
7738693 FREMONT CA 94536 SFD 7.375 6.750 $ 1,961.52 360 1-Jun-29
7738766 BASALT CO 81621 SFD 6.875 6.608 $2,877.35 360 1-Jun-29
7739707 FARMINGTON UT 84025 SFD 8.250 6.750 $2,105.42 360 1-Jun-29
7739916 CAMARILLO CA 93010 SFD 7.000 6.733 $ 2,157.58 360 1-Jul-29
7740057 CAMARILLO CA 93012 SFD 7.125 6.750 $ 1,667.45 360 1-Jun-29
7740485 MILTON MA 02186 SFD 7.125 6.750 $3,988.41 360 1-Jul-29
7740642 EDEN PRAIRIE MN 55347 SFD 7.250 6.750 $ 1,807.77 360 1-Jun-29
7740737 SHEPHERDSTOWN WV 25443 SFD 7.250 6.750 $ 2,302.35 360 1-Jun-29
7740865 UNION CITY CA 94587 SFD 6.875 6.608 $1,967.66 360 1-Jun-29
7740912 FREMONT CA 94536 SFD 7.500 6.750 $1,852.92 360 1-Jul-29
7740944 TEMECULA CA 92592 SFD 7.125 6.750 $ 1,752.00 360 1-Jun-29
7741033 CUPERTINO CA 95014 SFD 7.000 6.733 $ 2,323.90 360 1-Jul-29
7741279 SAUSALITO CA 94965 SFD 7.375 6.750 $3,418.84 360 1-Jun-29
7741337 ARLINGTON VA 22207 SFD 7.000 6.733 $2,538.13 360 1-Jun-29
7741803 ANDOVER NJ 07821 SFD 7.250 6.750 $ 1,882.81 360 1-Jun-29
7741810 LOS GATOS CA 95032 SFD 7.125 6.750 $ 6,198.21 360 1-Jun-29
7741824 WAYZATA MN 55391 SFD 7.500 6.750 $4,754.66 360 1-Jun-29
7742129 ATLANTA GA 30305 SFD 7.750 6.750 $1,826.85 360 1-Jun-29
7742491 DURANGO CO 81301 SFD 7.250 6.750 $ 1,953.75 360 1-Jun-29
7742524 WEST BLOOMFIELD MI 48323 PUD 7.250 6.750 $ 2,046.53 360 1-Jun-29
7742635 ATLANTA GA 30342 SFD 6.875 6.608 $2,041.73 360 1-Jun-29
7742764 EAST HANOVER NJ 07936 SFD 8.125 6.750 $ 2,264.62 360 1-Jun-29
7742785 OCEAN CITY NJ 08226 SFD 7.375 6.750 $2,514.06 360 1-Jun-29
7742825 FOSTER CITY CA 94404 LCO 7.625 6.750 $ 1,977.63 360 1-Jul-29
7743123 CHINO HILLS CA 91709 SFD 7.000 6.733 $2,166.22 360 1-Jul-29
7743166 LIVERMORE CO 80536 SFD 7.250 6.750 $ 2,646.84 360 1-Jun-29
7743249 BURR RIDGE IL 60521 SFD 7.125 6.750 $ 2,398.44 360 1-Jul-29
7743285 HENDERSON NV 89014 SFD 7.375 6.750 $ 2,349.68 360 1-Jun-29
7743501 ENCINITAS CA 92024 SFD 7.375 6.750 $4,144.05 360 1-Jun-29
7743649 REDWOOD CITY CA 94062 SFD 7.250 6.750 $3,410.88 360 1-Jun-29
7743725 LOS ANGELES CA 91311 SFD 7.500 6.750 $1,852.92 360 1-Jun-29
7743748 PARADISE VALLEY AZ 85253 SFD 7.625 6.750 $3,008.12 360 1-Jul-29
7743777 HUNTINGTON BEACH CA 92648 SFD 7.125 6.750 $2,075.05 360 1-Jun-29
7743780 LAGUNA NIGUEL CA 92677 SFD 7.125 6.750 $4,042.31 360 1-Jun-29
7743989 CASTLE ROCK CO 80104 LCO 7.125 6.750 $2,134.34 360 1-May-29
7744050 CASTLE ROCK CO 80104 SFD 7.375 6.750 $3,973.45 360 1-Jun-29
7744098 KETTERING OH 45429 SFD 7.250 6.750 $2,148.86 360 1-Jun-29
7744127 ELIOT ME 03903 SFD 6.750 6.483 $ 2,070.33 360 1-Jul-29
7744155 PACE FL 32571 SFD 7.250 6.750 $ 2,265.51 360 1-Jun-29
7744164 AVALON NJ 08202 SFD 7.250 6.750 $ 3,056.15 360 1-Jun-29
7744217 DES MOINES IA 50312 SFD 7.125 6.750 $2,553.39 360 1-Jun-29
7744300 ANDOVER MA 01810 SFD 7.500 6.750 $2,025.97 360 1-Jul-29
7744449 ISLAND LAKE IL 60042 SFD 7.375 6.750 $ 1,795.76 360 1-Jun-29
7744730 CHICO CA 95928 SFD 7.125 6.750 $ 2,058.88 360 1-Jun-29
7744783 CARMICHAEL CA 95973 SFD 7.125 6.750 $ 5,423.43 360 1-Jun-29
7744877 SAN FRANCISCO CA 94123 SFD 7.250 6.750 $ 4,093.06 360 1-Jun-29
7745059 MORGAN HILL CA 95037 SFD 7.375 6.750 $2,762.70 360 1-Jun-29
7745236 ELLICOTT CITY MD 21042 SFD 7.250 6.750 $2,237.54 360 1-Jun-29
7745249 WILMINGTON NC 28411 SFD 6.875 6.608 $ 5,789.19 360 1-Jul-29
7745409 CARLSBAD CA 92009 SFD 7.125 6.750 $ 2,775.05 360 1-Jul-29
7745442 LONG BRANCH NJ 07740 LCO 7.375 6.750 $ 1,961.52 360 1-Jul-29
7745532 SAN FRANCISCO CA 94116 SFD 6.875 6.608 $1,823.63 360 1-Jun-29
7745808 GAITHERSBURG MD 20878 SFD 6.875 6.608 $ 2,489.76 360 1-Jun-29
7745854 FALLS CHURCH VA 22046 SFD 7.250 6.750 $1,903.27 360 1-Jun-29
7745888 DURANGO CO 81301 SFD 7.000 6.733 $1,796.32 360 1-Jun-29
7746074 CYPRESS CA 90630 SFD 7.000 6.733 $1,809.62 360 1-Jun-29
7746105 TUCSON AZ 85704 SFD 7.125 6.750 $ 1,888.10 360 1-Jun-29
7746311 ANNAPOLIS MD 21401 SFD 7.500 6.750 $ 1,727.06 360 1-Jul-29
7746402 BROOMFIELD CO 80020 SFD 7.375 6.750 $1,933.34 360 1-Jun-29
7746484 DECATUR GA 30033 SFD 6.875 6.608 $1,839.40 360 1-Jun-29
7746655 EDWARDS CO 81632 PUD 7.250 6.750 $2,524.05 360 1-Jul-29
7746955 SALISBURY MD 21801 SFD 7.625 6.750 $2,080.91 360 1-Jun-29
7747004 CHAPEL HILL NC 27516 SFD 7.125 6.750 $ 1,717.98 360 1-Jul-29
7747050 MORGAN HILL CA 95037 PUD 7.375 6.750 $2,182.53 360 1-Jun-29
7747118 STONE HARBOR NJ 08247 SFD 7.125 6.750 $ 3,503.34 360 1-Jul-29
7747832 AUSTIN TX 78734 SFD 7.375 6.750 $3,766.25 360 1-Jun-29
7747843 FALLBROOK CA 92028 SFD 7.250 6.750 $1,798.90 360 1-Jun-29
7747872 ATLANTA GA 30307 SFD 7.125 6.750 $1,664.08 360 1-Jun-29
7747912 VENICE CA 90291 SFD 7.000 6.733 $ 1,995.91 360 1-Jul-29
7747976 LOCKEFORD CA 95237 SFD 7.250 6.750 $ 1,882.81 360 1-Jun-29
7747990 PORTLAND OR 97219 SFD 7.125 6.750 $ 3,584.86 360 1-Jun-29
7748065 SAN FRANCISCO CA 94123 PUD 7.000 6.733 $ 5,156.09 360 1-Jun-29
7748337 STOCKTON CA 95212 SFD 7.250 6.750 $ 3,069.79 360 1-Jun-29
7748431 SILVER SPRING MD 20904 SFD 7.125 6.750 $ 1,953.78 360 1-Jun-29
7748625 WEST DUNDEE IL 60118 SFD 6.875 6.608 $1,905.09 360 1-Jul-29
7748626 HUNTSVILLE TX 77340 SFD 7.125 6.750 $1,967.26 360 1-Jun-29
7748664 PARKER CO 80138 SFD 7.500 6.750 $2,150.08 360 1-Jun-29
7748699 ROCHESTER HILLS MI 48307 SFD 7.000 6.733 $ 1,851.87 360 1-Jun-29
7748720 CARLTON OR 97111 SFD 7.250 6.750 $ 1,910.09 360 1-Jul-29
7748820 ASPEN CO 81611 LCO 7.125 6.750 $ 2,634.24 360 1-Jun-29
7749155 SEATTLE WA 98121 SFD 7.875 6.750 $ 2,297.02 360 1-Jun-29
7749224 REDMOND WA 98053 SFD 7.125 6.750 $ 2,021.16 360 1-Jul-29
7749265 VANCOUVER WA 98684 SFD 7.375 6.750 $ 1,712.53 360 1-Jun-29
7749700 INGLEWOOD CA 90302 SFD 7.250 6.750 $1,786.62 360 1-Jun-29
7749779 WAYLAND MA 01778 LCO 7.250 6.750 $ 2,217.07 360 1-Jun-29
7749891 LOS ANGELES CA 90046 SFD 7.500 6.750 $ 1,957.80 360 1-Jun-29
7750233 BENICIA CA 94510 SFD 7.500 6.750 $2,169.80 360 1-Jul-29
7750496 BARRINGTON IL 60010 SFD 6.875 6.608 $ 2,351.81 360 1-Jul-29
7750525 SEATTLE WA 98199 SFD 7.125 6.750 $ 2,694.87 360 1-Jul-29
7750543 CAMARILLO CA 93012 SFD 7.375 6.750 $ 3,121.85 360 1-Jun-29
7750572 CORTE MADERA CA 94925 SFD 7.125 6.750 $2,358.01 360 1-Jun-29
7750735 LOCKPORT IL 60441 SFD 7.250 6.750 $ 2,073.82 360 1-Jun-29
7751224 AVONDALE PA 19311 SFD 7.625 6.750 $3,917.28 360 1-Jun-29
7751346 MENDOTA HEIGHTS MN 55120 SFD 7.750 6.750 $ 1,769.54 360 1-Jun-29
7751682 HERNDON VA 20170 SFD 6.875 6.608 $2,601.44 360 1-Jun-29
7751909 ANAHIEM CA 92807 SFD 7.625 6.750 $1,804.87 360 1-Jun-29
7752341 SACRAMENTO CA 95831 SFD 7.000 6.733 $1,929.38 360 1-Jun-29
7752857 VIENNA VA 22182 SFD 6.750 6.483 $ 3,242.99 360 1-Jun-29
7753009 COTO DE CAZA AREA CA 92692 SFD 6.875 6.608 $ 2,286.11 360 1-Jun-29
7753046 BARRINGTON IL 60010 SFD 7.125 6.750 $ 1,987.47 360 1-Jun-29
7753477 PLEASANT HILL CA 94523 SFD 7.250 6.750 $2,780.55 360 1-Jul-29
7753794 SAN FRANCISCO CA 94131 LCO 6.875 6.608 $ 1,957.65 360 1-Jul-29
7753903 CAMARILLO CA 93010 SFD 7.250 6.750 $2,017.88 360 1-Jun-29
7753932 VENTURA CA 93001 SFD 7.500 6.750 $3,020.61 360 1-Jul-29
7753989 NORTH HOLLYWOOD CA 91601 SFD 7.000 6.733 $ 1,781.35 360 1-Jun-29
7754101 LAS VEGAS NV 89113 PUD 7.375 6.750 $ 2,171.48 360 1-Jun-29
7754373 SAN DIEGO CA 92130 SFD 7.000 6.733 $ 1,896.11 360 1-May-29
7754930 WEST LINN OR 97068 SFD 7.250 6.750 $ 2,002.87 360 1-Jul-29
7755312 DANVILLE CA 94506 SFD 6.875 6.608 $2,135.02 360 1-Jun-29
7755512 GAITHERSBURG MD 20886 SFD 7.250 6.750 $1,763.43 360 1-Jun-29
7755587 HOLLIS NH 03049 SFD 7.875 6.750 $1,990.32 360 1-Jul-29
7755684 AURORA IL 60504 SFD 7.375 6.750 $2,287.52 360 1-Jun-29
7755712 BONITA SPRINGS FL 34134 SFD 7.125 6.750 $3,702.76 360 1-Jul-29
7755982 SANTA CLARA CA 95051 SFD 7.250 6.750 $2,237.54 360 1-Jun-29
7755997 ATLANTA GA 30319 PUD 7.250 6.750 $2,030.16 360 1-Jul-29
7756283 PARK CITY UT 84098 SFD 7.625 6.750 $ 1,859.87 360 1-Jul-29
7756567 REDLANDS CA 92373 SFD 6.625 6.358 $ 1,792.87 360 1-Jul-29
7756587 WATERTOWN MA 02472 SFD 7.625 6.750 $1,698.70 360 1-Jul-29
7756646 PITTSBORO NC 27312 SFD 7.125 6.750 $ 1,852.73 360 1-Jun-29
7756976 UNION KY 41091 SFD 7.250 6.750 $ 1,840.51 360 1-Jun-29
7757104 SAN LEANDRO CA 94579 PUD 7.750 6.750 $2,594.13 360 1-Jun-29
7757248 SANDY UT 84093 SFD 7.125 6.750 $ 2,188.91 360 1-Jun-29
7757525 PORTLAND OR 97219 SFD 7.250 6.750 $4,404.13 360 1-Jul-29
7757534 EL SEGUNDO CA 90245 SFD 7.500 6.750 $1,992.76 360 1-Jun-29
7757555 RALEIGH NC 27606 SFD 7.625 6.750 $ 1,815.49 360 1-Jun-29
7757716 BUENA PARK CA 90621 SFD 7.250 6.750 $1,847.33 360 1-Jun-29
7757846 SHOREWOOD MN 55331 SFD 7.375 6.750 $ 2,590.03 360 1-Jun-29
7758015 BRIGHTON UT 84121 SFD 6.875 6.608 $ 2,463.48 360 1-Jun-29
7758086 WESTON MA 02193 SFD 7.000 6.733 $ 2,694.48 360 1-Jun-29
7758198 SAN DIEGO CA 92107 SFD 7.250 6.750 $ 2,292.11 360 1-Jun-29
7758224 SAN DIEGO CA 92130 LCO 7.250 6.750 $ 1,765.47 360 1-Jul-29
7758326 THE SEA RANCH CA 95497 SFD 7.375 6.750 $2,854.79 360 1-Jun-29
7758495 PARADISE VALLEY AZ 85253 SFD 7.375 6.750 $ 3,363.59 360 1-Jul-29
7758927 PARKER CO 80134 SFD 7.250 6.750 $ 1,705.44 360 1-Jun-29
7758939 COLLIERVILLE TN 38017 SFD 7.125 6.750 $1,836.83 360 1-Jun-29
7758985 FOLSOM CA 95630 SFD 7.250 6.750 $ 1,841.88 360 1-Jun-29
7759145 CORONADO CA 92118 SFD 7.500 6.750 $ 3,265.33 360 1-Jun-29
7759206 WESTERVILLE OH 43082 SFD 7.000 6.733 $ 2,927.33 360 1-Jun-29
7759243 TAMPA FL 33629 SFD 6.875 6.608 $ 2,680.27 360 1-Jun-29
7759244 NEWPORT BEACH CA 92625 SFD 7.125 6.750 $ 3,085.63 360 1-Jun-29
7759422 POWELL TN 37849 SFD 7.000 6.733 $ 1,995.91 360 1-Jun-29
7759432 CHANTILLY VA 22021 SFD 7.625 6.750 $ 1,749.67 360 1-Jul-29
7759509 SEATTLE WA 98146 SFD 7.000 6.733 $ 2,385.11 360 1-Jun-29
7759528 BOULDER CO 80301 SFD 6.750 6.483 $1,783.64 360 1-Jun-29
7759712 SAN FRANCISCO CA 94131 LCO 6.875 6.608 $3,212.38 360 1-Jun-29
7759776 ATLANTA GA 30318 SFD 6.750 6.483 $ 2,231.18 360 1-Jul-29
7760015 BOULDER CO 80301 SFD 7.375 6.750 $2,417.36 360 1-Jul-29
7760183 WESTLAKE VILLAGE CA 91361 SFD 7.250 6.750 $ 1,991.95 360 1-Jun-29
7760237 SAN LUIS OBISPO CA 93401 SFD 7.250 6.750 $3,629.18 360 1-Jul-29
7760321 TRUCKEE CA 96161 SFD 7.500 6.750 $ 2,328.38 360 1-Jun-29
7760384 FORT COLLINS CO 80525 SFD 7.000 6.733 $ 2,549.44 360 1-Jun-29
7760399 OAK PARK CA 91377 SFD 7.500 6.750 $1,748.04 360 1-Jul-29
7760594 MIDLAND TX 79707 SFD 7.625 6.750 $ 2,066.76 360 1-Jul-29
7760649 CARLSBAD CA 92009 SFD 7.375 6.750 $ 3,667.48 360 1-Jul-29
7760704 CHEVY CHASE MD 20815 SFD 7.125 6.750 $ 2,155.90 360 1-Jun-29
7760827 NEW LONDON CT 06320 SFD 7.250 6.750 $3,581.43 360 1-Jul-29
7760840 OAKDALE CA 95361 SFD 7.250 6.750 $3,438.17 360 1-Jun-29
7760851 POTOMAC MD 20854 SFD 7.250 6.750 $4,021.43 360 1-Jun-29
7761032 WESTERN SPRINGS IL 60558 SFD 7.500 6.750 $1,793.49 360 1-Jun-29
7761305 EASTON CT 06612 SFD 7.500 6.750 $4,139.35 360 1-Jun-29
7761344 CLYDE HILL WA 98004 SFD 7.500 6.750 $ 1,957.80 360 1-Jun-29
7761415 BERKELEY TWP NJ 08721 SFD 7.625 6.750 $ 1,911.04 360 1-Jul-29
7761448 WESTFIELD NJ 07090 SFD 7.250 6.750 $2,455.83 360 1-Jul-29
7761628 WALNUT CREEK CA 94596 SFD 7.125 6.750 $ 2,172.74 360 1-Jun-29
7761721 EDEN PRAIRIE MN 55346 SFD 7.625 6.750 $2,071.00 360 1-Jun-29
7761805 EATONVILLE WA 98328 SFD 7.750 6.750 $2,516.04 360 1-Jun-29
7762127 SOUTHBURY CT 06488 SFD 7.500 6.750 $ 3,412.17 360 1-Jul-29
7762163 ORONO MN 55356 SFD 7.375 6.750 $ 4,083.27 360 1-Jun-29
7762226 AVON CO 81620 LCO 7.375 6.750 $ 2,103.11 360 1-Jul-29
7762299 SANTA ANA CA 92705 SFD 6.750 6.483 $2,821.40 360 1-Jul-29
7762526 CANBY OR 97013 SFD 7.250 6.750 $ 1,773.66 360 1-Jun-29
7762887 WASHINGTON TWP NJ 07853 SFD 7.375 6.750 $ 2,596.94 360 1-Jun-29
7763168 ST. LOUIS MO 63144 SFD 7.250 6.750 $2,237.54 360 1-Jun-29
7763564 BAYFIELD CO 81122 SFD 7.625 6.750 $ 2,849.58 360 1-Jun-29
7763646 VALENCIA CA 91355 SFD 7.625 6.750 $2,250.78 360 1-Jun-29
7764150 BELLEVUE WA 98004 SFD 7.125 6.750 $2,560.13 360 1-Jul-29
7764391 CRESTWOOD KY 40014 SFD 7.375 6.750 $1,837.89 360 1-Jun-29
7764574 BOULDER CO 80301 SFD 7.625 6.750 $2,675.46 360 1-Jun-29
7764647 LAS CRUCES NM 88005 SFD 7.375 6.750 $1,823.38 360 1-Jun-29
7764805 VILLA PARK CA 92861 SFD 6.875 6.608 $ 2,791.95 360 1-Jul-29
7764860 SAN FRANCISCO CA 94112 SFD 8.250 6.750 $1,923.24 360 1-Jul-29
7764862 GLENELG MD 21737 SFD 7.625 6.750 $ 2,293.25 360 1-Jul-29
7765062 NEWPORT BEACH CA 92660 SFD 7.500 6.750 $6,936.21 360 1-Jun-29
7765181 BOULDER CO 80301 SFD 6.750 6.483 $2,010.65 360 1-Jun-29
7765254 GRANITE BAY CA 95746 SFD 7.250 6.750 $ 4,911.67 360 1-Jun-29
7765360 CARBONDALE CO 81623 SFD 7.375 6.750 $ 2,590.03 360 1-Jun-29
7765623 SCOTTSDALE AZ 85255 SFD 7.125 6.750 $2,910.46 360 1-Jun-29
7765764 DESOTO TX 75115 SFD 7.125 6.750 $ 1,453.21 360 1-Jun-29
7765973 FAIRFAX VA 22031 SFD 7.250 6.750 $ 2,343.96 360 1-Jul-29
7766226 GRAND JUNCTION CO 81506 SFD 7.000 6.733 $2,827.54 360 1-Jun-29
7766457 SEATTLE WA 98119 SFD 7.125 6.750 $ 2,324.33 360 1-Jun-29
7766819 NEWPORT BEACH CA 92625 SFD 7.250 6.750 $ 3,844.06 360 1-Jul-29
7766935 HOLLISTER CA 95023 SFD 8.000 6.750 $2,186.62 360 1-Jul-29
7767212 EDINA MN 55424 SFD 7.125 6.750 $ 2,054.84 360 1-Jun-29
7767484 CARY IL 60013 SFD 7.500 6.750 $ 1,756.78 360 1-Jun-29
7767916 OCEAN CITY NJ 08226 SFD 7.625 6.750 $ 2,947.96 360 1-Jul-29
7767942 INVERNESS IL 60010 SFD 7.375 6.750 $2,829.01 360 1-Jul-29
7768014 ORLAND PARK IL 60467 SFD 7.375 6.750 $2,355.20 360 1-Jun-29
7768043 WASHINGTON DC 20016 SFD 7.125 6.750 $2,560.13 360 1-Jul-29
7768124 NEWTOWN CT 06470 SFD 7.750 6.750 $2,091.92 360 1-Jul-29
7768192 SHOREWOOD MN 55331 SFD 7.500 6.750 $3,072.35 360 1-Jun-29
7768280 RAPID CITY SD 57702 SFD 7.500 6.750 $2,354.95 360 1-Jun-29
7768583 MONTEREY CA 93940 SFD 7.875 6.750 $ 2,082.76 360 1-Jul-29
7768640 CHEVY CHASE MD 20815 SFD 6.500 6.233 $2,528.27 360 1-Jun-29
7768643 CORONADO CA 92118 SFD 7.625 6.750 $ 2,371.11 360 1-Jun-29
7768984 LA CANADA CA 91011 SFD 7.750 6.750 $1,869.84 360 1-Jun-29
7769000 DENVER CO 80209 SFD 7.500 6.750 $2,080.16 360 1-Jun-29
7769034 BRIGHTON MI 48114 SFD 7.000 6.733 $ 2,228.76 360 1-Jun-29
7769135 SAN DIEGO CA 92106 SFD 7.375 6.750 $2,286.13 360 1-Jun-29
7769138 ISSAQUAH WA 98029 SFD 7.250 6.750 $2,837.58 360 1-Jul-29
7769149 SARATOGA CA 95070 SFD 8.000 6.750 $ 2,806.65 360 1-Jul-29
7769165 LAFAYETTE CA 94549 SFD 6.625 6.358 $ 2,093.82 360 1-Jun-29
7769178 SEAL BEACH CA 90740 SFD 7.125 6.750 $ 2,213.17 360 1-Jun-29
7769235 CAMARILLO CA 93010 SFD 6.875 6.608 $ 3,941.57 360 1-Jun-29
7769240 SAN DIEGO CA 92127 SFD 7.375 6.750 $1,234.93 360 1-Jun-29
7769406 FAIRFAX STATION VA 22039 SFD 6.750 6.483 $ 1,945.79 360 1-Jul-29
7769497 CORONADO CA 92118 SFD 7.500 6.750 $ 2,300.42 360 1-Jun-29
7769944 DAYTON MN 55327 SFD 7.375 6.750 $ 2,016.77 360 1-Jul-29
7770072 BORO OF PARAMUS NJ 07652 SFD 7.250 6.750 $ 2,217.07 360 1-Jun-29
7770170 CLIO CA 96106 SFD 7.500 6.750 $2,272.45 360 1-Jun-29
7770196 LANDENBERG PA 19350 SFD 6.750 6.483 $1,952.28 360 1-Jun-29
7770328 SAN ANGELO TX 76904 SFD 8.000 6.750 $ 2,171.94 360 1-Jul-29
7771295 KIHEI HI 96753 LCO 7.875 6.750 $ 1,091.23 360 1-Jun-29
7771386 EL DORADO HILLS CA 95762 SFD 7.375 6.750 $ 1,828.91 360 1-Jul-29
7771530 TINTON FALLS NJ 07724 SFD 7.750 6.750 $ 693.13 360 1-Jun-29
7771666 LOS ANGELES CA 90027 SFD 7.500 6.750 $ 5,831.45 360 1-Jun-29
7772068 LIMA OH 45805 SFD 7.500 6.750 $ 2,097.64 360 1-Jun-29
7772448 VIENNA VA 22182 SFD 6.875 6.608 $3,416.03 360 1-Jul-29
7773244 WINFIELD IL 60190 SFD 7.750 6.750 $2,391.38 360 1-Jun-29
7773283 WALNUT CREEK CA 94596 SFD 7.375 6.750 $2,541.68 360 1-Jun-29
7773552 LOS ANGELES CA 90292 LCO 7.500 6.750 $ 1,756.78 360 1-Jun-29
7773970 ATLANTA GA 30328 SFD 6.875 6.608 $ 2,154.73 360 1-Jul-29
7774047 WESTLAKE VILLAGE CA 91362 PUD 6.875 6.608 $ 3,284.64 360 1-Jul-29
7774054 SAN JOSE CA 95124 SFD 7.250 6.750 $ 1,841.88 360 1-Jun-29
7774139 STOCKTON CA 95207 SFD 7.500 6.750 $ 1,957.80 360 1-Jul-29
7775475 PALOS VERDES CA 90274 SFD 7.000 6.733 $ 2,761.01 360 1-Jul-29
7775515 SAN DIEGO CA 92130 LCO 7.875 6.750 $ 2,094.00 360 1-Jul-29
7775704 TRACY CA 95376 SFD 7.500 6.750 $1,849.07 360 1-Jun-29
7775940 MEAD CO 80504 SFD 7.250 6.750 $ 1,909.41 360 1-Jun-29
7776220 MISSION VIEJO CA 92692 SFD 7.875 6.750 $ 2,621.13 360 1-Jul-29
7776385 WASHINGTON DC 20012 SFD 7.500 6.750 $ 1,720.07 360 1-Jun-29
7776915 CARMEL CA 93923 SFD 7.750 6.750 $2,149.24 360 1-Jun-29
7777007 THE WOODLANDS TX 77382 SFD 7.125 6.750 $ 2,222.60 360 1-Jun-29
7777477 LAGUNA NIGUEL CA 92677 SFD 7.500 6.750 $ 2,097.64 360 1-Jul-29
7777622 PLEASANTON CA 94566 SFD 7.500 6.750 $3,814.22 360 1-Jul-29
7778023 COLTON OR 97017 SFD 7.500 6.750 $ 2,097.64 360 1-Jul-29
7778127 ELK GROVE CA 95758 PUD 7.625 6.750 $ 1,813.91 360 1-Jul-29
7778195 CARMEL CA 93923 SFD 7.750 6.750 $ 3,582.06 360 1-Jul-29
7778197 SAN FRANCISCO CA 94131 LCO 7.000 6.733 $2,361.49 360 1-Jul-29
7778670 NOVI MI 48375 SFD 7.500 6.750 $ 2,097.64 360 1-Jun-29
7779669 LITTLETON CO 80123 SFD 7.375 6.750 $ 2,831.77 360 1-Jul-29
7780040 PLEASANTON CA 94588 SFD 7.500 6.750 $1,879.49 360 1-Jun-29
7780061 SLEEPY HOLLOW NY 10591 SFD 7.625 6.750 $ 1,875.65 360 1-Jul-29
7780067 WALNUT CREEK CA 94598 SFD 7.125 6.750 $ 4,379.17 360 1-Jun-29
7780357 HOBOKEN NJ 07030 HCO 7.875 6.750 $ 1,467.72 360 1-Jun-29
7780402 WESTMINISTER CO 80030 SFD 7.250 6.750 $ 2,046.53 360 1-Jul-29
7780582 WASHINGTON DC 20015 SFD 7.500 6.750 $3,146.47 360 1-Jul-29
7780691 GRANITE BAY CA 95746 PUD 7.500 6.750 $ 2,293.42 360 1-Jul-29
7780702 SACRAMENTO CA 95831 SFD 7.250 6.750 $2,483.12 360 1-Jul-29
7780717 POTOMAC MD 20854 SFD 7.250 6.750 $ 3,667.38 360 1-Jun-29
7780756 EDINA MN 55424 SFD 7.625 6.750 $4,565.27 360 1-Jul-29
7780830 HOUSTON TX 77007 PUD 7.000 6.733 $ 1,816.28 360 1-Jul-29
7780927 TROY MI 48098 SFD 7.500 6.750 $2,831.82 360 1-Jul-29
7781315 NAPA CA 94559 SFD 7.750 6.750 $1,802.49 360 1-Jul-29
7781384 TEMECULA CA 92591 SFD 7.625 6.750 $ 2,083.04 360 1-Jul-29
7781642 RIDGEFIELD CT 06877 SFD 7.500 6.750 $ 1,985.77 360 1-Jul-29
7781676 ALTADENA CA 91001 SFD 7.250 6.750 $ 2,406.04 360 1-Jul-29
7781790 MONTE SERENO CA 95030 SFD 7.125 6.750 $ 2,694.87 360 1-Jul-29
7782163 STEAMBOAT SPGS CO 80487 SFD 7.500 6.750 $2,019.33 360 1-Jun-29
7782315 PALM SPRINGS CA 92264 SFD 7.500 6.750 $1,048.82 360 1-Jul-29
7782688 SALINAS CA 93907 SFD 7.000 6.733 $ 1,857.52 360 1-Jul-29
7782715 CANTON OH 44718 SFD 7.500 6.750 $1,789.99 360 1-Jul-29
7783334 NIWOT CO 80503 SFD 7.375 6.750 $ 2,030.58 360 1-Jul-29
7783547 MAPLE GROVE MN 55311 SFD 7.375 6.750 $1,872.42 360 1-Jun-29
7783901 PARK CITY UT 84098 LCO 7.375 6.750 $1,939.59 360 1-Jun-29
7785073 LEXINGTON MA 02173 SFD 7.750 6.750 $2,149.24 360 1-Jun-29
7785129 ASPEN CO 81611 PUD 7.375 6.750 $ 2,072.03 360 1-Jul-29
7785575 GRANITE BAY CA 95746 SFD 7.750 6.750 $ 1,769.54 360 1-Jul-29
7786269 SIOUX FALLS SD 57104 SFD 7.750 6.750 $ 3,761.16 360 1-Jun-29
7787511 SEATTLE WA 98115 SFD 7.000 6.733 $ 2,415.05 360 1-Jul-29
7787738 LA JOLLA CA 92037 SFD 7.375 6.750 $ 5,912.18 360 1-Jul-29
7787775 POLAND OH 44514 SFD 7.000 6.733 $ 1,739.77 360 1-Jul-29
7788680 OCEAN CITY NJ 08226 LCO 6.625 6.358 $ 2,042.59 360 1-Jun-29
7788861 GREEN BAY WI 54311 SFD 8.250 6.750 $ 2,028.42 360 1-Jul-29
7790466 HUNTINGTON BEACH CA 92649 SFD 7.000 6.733 $ 4,324.47 360 1-Jul-29
7790701 PORTLAND OR 97212 SFD 7.625 6.750 $ 2,406.50 360 1-Jul-29
7790944 SCOTTSDALE AZ 85255 SFD 7.500 6.750 $ 2,125.61 360 1-Jul-29
7791316 CAMAS WA 98607 SFD 7.750 6.750 $ 1,861.42 360 1-Jul-29
7791500 CAYUCOS CA 93430 SFD 7.250 6.750 $3,547.32 360 1-Jul-29
7792360 SANTA CRUZ CA 95060 SFD 7.875 6.750 $2,142.58 360 1-Jul-29
7792460 RENO NV 89509 SFD 7.875 6.750 $ 1,957.69 360 1-Jul-29
7792548 TOLUCA LAKE CA 91602 SFD 7.000 6.733 $ 2,158.91 360 1-Jul-29
7793251 WELLESLEY MA 02482 MF2 8.375 6.750 $ 2,439.83 360 1-Jul-29
7793361 SHOREWOOD MN 55331 SFD 7.500 6.750 $ 2,852.80 360 1-Jul-29
7794207 LOS ANGELES CA 91367 SFD 7.375 6.750 $2,512.33 360 1-Jul-29
7794804 ORANGE CA 92867 SFD 7.375 6.750 $5,870.74 360 1-Jul-29
7795558 WILMETTE IL 60091 SFD 7.750 6.750 $ 2,682.96 360 1-Jul-29
7797066 WEST DES MOINES IA 50266 SFD 7.875 6.750 $ 1,943.19 360 1-Jul-29
7797283 SAN JOSE CA 95125 SFD 7.625 6.750 $ 2,153.11 360 1-Jul-29
7797728 GRANITE BAY CA 95746 SFD 8.125 6.750 $ 3,508.30 360 1-Jul-29
7799290 BETHESDA MD 20814 SFD 7.375 6.750 $1,983.62 360 1-Jul-29
7799367 PARKLAND FL 33067 SFD 7.500 6.750 $2,055.69 360 1-Jul-29
7799588 KEYSTONE CO 80424 SFD 7.750 6.750 $ 4,298.47 360 1-Jul-29
7799660 RENO NV 89511 SFD 7.500 6.750 $ 2,063.38 360 1-Jul-29
7799736 EATONTON GA 31024 SFD 7.625 6.750 $ 2,388.80 360 1-Jul-29
7799739 WESTERVILLE OH 43082 SFD 6.625 6.358 $ 5,176.91 360 1-Jul-29
7800157 VALLEY CENTER CA 92082 SFD 7.500 6.750 $ 1,985.77 360 1-Jul-29
7800428 HUDSON OH 44236 SFD 6.750 6.483 $1,822.56 360 1-Jul-29
7801708 COLUMBUS OH 43214 SFD 7.625 6.750 $ 1,719.23 360 1-Jul-29
7802181 FOOTHILL RANCH CA 92610 SFD 7.250 6.750 $1,586.06 360 1-Jul-29
7802229 ROWLAND HEIGHTS CA 91748 SFD 7.875 6.750 $2,186.08 360 1-Jul-29
7802378 LOS ANGELES CA 90068 SFD 7.375 6.750 $ 2,362.11 360 1-Jul-29
7802394 LAKE CHARLES LA 70605 SFD 7.750 6.750 $ 1,934.31 360 1-Jul-29
7803224 RYE NH 03870 SFD 7.250 6.750 $ 3,138.01 360 1-Jul-29
7803281 EXCELSIOR MN 55331 SFD 7.750 6.750 $2,091.92 360 1-Jul-29
7803628 RENO NV 89509 SFD 6.875 6.608 $1,886.70 360 1-Jul-29
7804612 CLIFTON VA 20124 SFD 7.500 6.750 $1,843.83 360 1-Jul-29
7805219 LANCASTER PA 17601 SFD 7.250 6.750 $ 2,020.95 360 1-Jul-29
7806254 SHAWNEE KS 66216 SFD 8.125 6.750 $ 2,372.28 360 1-Jul-29
7808114 RENO NV 89511 SFD 8.000 6.750 $2,568.18 360 1-Jul-29
7810074 LAS VEGAS NV 89134 SFD 8.000 6.750 $3,595.45 360 1-Jul-29
7811941 BIGFORK MT 59911 SFD 7.750 6.750 $3,089.17 360 1-Jul-29
7816647 LOS ANGELES CA 91607 SFD 8.750 6.750 $ 1,905.78 360 1-Jul-29
7819844 HOPEWELL TOWNSHIP NJ 08525 SFD 8.125 6.750 $ 2,863.07 360 1-Jul-29
7830993 EDWARDS CO 81632 PUD 7.875 6.750 $1,825.36 360 1-Jul-29
</TABLE>
TABLE (CONTINUED)
<TABLE>
<CAPTION>
(i) (ix) (x) (xi) (xii) (xiii) (xiv) (xv) (xvi)
- ----- -------------- ------ --------- ---------- -------- ----------- ----------- --------
CUT-OFF
MORTGAGE DATE MORTGAGE T.O.P. MASTER FIXED
LOAN PRINCIPAL INSURANCE SERVICE MORTGAGE SERVICE RETAINED
NUMBER BALANCE LTV SUBSIDY CODE FEE LOAN FEE YIELD
- -------- -------------- -------- --------- --------- -------- ----------- ----------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
4643507 $ 211,795.67 80.00 0.25 0.017 0.733
4824522 $ 334,732.10 87.01 06 0.25 0.017 0.108
4838873 $ 426,884.69 80.00 0.25 0.017 0.000
4844765 $ 357,200.00 77.55 0.25 0.017 0.108
4847970 $ 295,000.00 69.41 0.25 0.017 0.000
4856132 $ 317,557.18 62.99 0.25 0.017 0.483
4862778 $ 259,076.71 59.32 0.25 0.017 0.358
4865255 $ 309,815.07 73.49 0.25 0.017 0.733
4866701 $ 503,452.42 80.00 0.25 0.017 0.233
4873253 $ 254,642.26 90.00 33 0.25 0.017 0.733
4874978 $ 319,737.70 80.00 0.25 0.017 0.000
4887053 $ 331,900.00 90.00 17 0.25 0.017 0.483
4891530 $ 400,600.00 79.99 0.25 0.017 0.733
4898967 $ 369,000.00 90.00 17 0.25 0.017 0.733
4912169 $ 271,250.00 95.00 17 0.25 0.017 1.608
4917148 $ 99,913.90 66.67 0.25 0.017 0.000
4931178 $ 270,000.00 79.88 0.25 0.017 0.108
4940613 $ 214,806.33 80.00 0.25 0.017 0.483
4941609 $ 425,978.76 75.00 0.25 0.017 0.000
4945301 $ 120,812.53 94.98 17 0.25 0.017 0.858
4945857 $ 323,753.46 90.00 01 0.25 0.017 0.358
4946968 $ 298,449.05 79.99 0.25 0.017 0.000
4947597 $ 323,684.96 54.17 GD 3YR 0.25 0.017 0.108
4947983 $ 267,763.54 78.82 0.25 0.017 0.000
4951134 $ 247,500.00 90.00 11 0.25 0.017 0.858
4955481 $ 74,453.19 80.00 0.25 0.017 0.358
4956411 $ 609,600.00 80.00 0.25 0.017 0.983
4957127 $ 499,600.15 67.39 0.25 0.017 0.108
4960303 $ 647,500.00 70.00 0.25 0.017 0.358
4961160 $ 400,000.00 60.29 0.25 0.017 0.358
4962266 $ 561,619.72 75.00 0.25 0.017 0.233
4962910 $ 418,465.09 80.00 0.25 0.017 0.108
4963529 $ 364,779.08 51.42 0.25 0.017 0.483
4964006 $ 355,000.00 89.87 11 0.25 0.017 0.483
4966028 $ 441,008.76 81.80 17 0.25 0.017 0.233
4966047 $ 297,350.74 75.91 0.25 0.017 0.000
4967218 $ 649,505.40 74.97 0.25 0.017 0.358
4968075 $ 284,000.00 79.56 0.25 0.017 0.358
4969333 $ 311,500.00 70.00 0.25 0.017 0.858
4970249 $ 284,736.03 53.77 0.25 0.017 0.000
4970444 $ 331,727.86 74.61 0.25 0.017 0.000
4970708 $ 449,278.16 64.29 0.25 0.017 0.108
4972655 $ 374,725.54 80.00 0.25 0.017 0.000
4973622 $ 385,000.00 79.88 0.25 0.017 0.608
4974501 $ 348,000.00 80.00 0.25 0.017 0.483
4975300 $ 379,688.51 80.00 0.25 0.017 0.000
4975898 $ 263,535.33 80.00 0.25 0.017 0.233
4976388 $ 359,719.17 73.47 0.25 0.017 0.233
4978453 $ 294,769.86 79.95 0.25 0.017 0.233
4979117 $ 267,056.00 90.00 01 0.25 0.017 0.608
4979141 $ 309,250.00 90.00 11 0.25 0.017 0.358
4980453 $ 265,000.00 64.79 0.25 0.017 0.608
4980963 $ 262,660.42 65.77 0.25 0.017 0.000
4981219 $ 500,000.00 41.24 0.25 0.017 0.108
4981297 $ 347,200.81 73.54 0.25 0.017 0.000
4982290 $ 447,700.00 79.95 0.25 0.017 0.000
4983808 $ 325,000.00 71.43 0.25 0.017 0.733
4983898 $ 411,355.25 80.00 0.25 0.017 0.233
4986018 $ 625,000.00 66.77 FX30YR 0.25 0.017 0.000
4986046 $ 399,374.03 87.54 11 0.25 0.017 0.233
4986575 $ 296,000.00 80.00 0.25 0.017 0.358
4987241 $ 369,711.36 80.00 0.25 0.017 0.233
4987283 $ 278,326.70 90.00 33 0.25 0.017 0.108
4987388 $ 327,499.29 54.04 0.25 0.017 0.358
4989233 $ 349,424.53 69.86 0.25 0.017 0.000
4989262 $ 295,774.77 80.00 0.25 0.017 0.358
4989718 $ 649,505.41 61.90 0.25 0.017 0.358
4990084 $ 265,163.29 80.00 0.25 0.017 0.000
4990093 $ 276,354.24 74.75 0.25 0.017 0.233
4990580 $ 330,500.00 89.99 01 0.25 0.017 0.733
4990870 $ 256,400.00 90.00 06 0.25 0.017 0.233
4990950 $ 574,800.00 80.00 0.25 0.017 0.000
4991107 $ 350,000.00 73.68 0.25 0.017 0.358
4991176 $ 243,959.54 95.00 11 0.25 0.017 0.233
4992628 $ 265,000.00 67.96 GD 2YR 0.25 0.017 0.108
4992661 $ 300,000.00 49.18 0.25 0.017 0.608
4992769 $ 399,680.12 64.52 0.25 0.017 0.108
4994237 $ 255,710.09 72.80 0.25 0.017 0.483
4994508 $ 323,740.90 80.00 0.25 0.017 0.108
4994860 $ 326,728.91 79.88 0.25 0.017 0.233
4996078 $ 411,936.31 85.00 13 0.25 0.017 0.358
4996527 $ 364,813.85 85.00 11 0.25 0.017 0.108
4996547 $ 274,871.86 80.00 0.25 0.017 0.483
4997006 $ 481,614.55 62.19 0.25 0.017 0.108
4997483 $ 274,455.35 90.00 24 0.25 0.017 0.000
4997488 $ 319,000.03 90.00 01 0.25 0.017 0.233
4997608 $ 266,400.00 80.00 0.25 0.017 0.483
4997667 $ 372,000.00 80.00 0.25 0.017 1.233
4997681 $ 305,496.88 90.00 16 0.25 0.017 0.000
4997957 $ 359,739.44 78.68 0.25 0.017 0.608
4997978 $ 150,000.00 63.83 0.25 0.017 0.358
4998187 $ 542,490.00 80.00 0.25 0.017 0.233
4999001 $ 251,750.00 95.00 17 0.25 0.017 0.858
4999182 $ 310,000.00 52.10 0.25 0.017 0.108
4999364 $ 334,938.52 80.00 0.25 0.017 0.233
4999390 $ 288,000.00 80.00 0.25 0.017 0.233
4999441 $ 376,000.00 80.00 0.25 0.017 0.858
4999683 $ 649,440.36 78.79 0.25 0.017 0.000
4999842 $ 399,680.12 65.57 0.25 0.017 0.108
4999980 $ 347,455.39 80.00 0.25 0.017 0.233
5000018 $ 388,000.00 80.00 0.25 0.017 0.233
5000030 $ 434,660.66 75.00 0.25 0.017 0.233
5000282 $ 261,250.00 95.00 11 0.25 0.017 0.608
5000368 $ 390,000.00 75.01 0.25 0.017 0.233
5000388 $ 270,000.00 90.00 11 0.25 0.017 0.483
5000798 $ 343,738.24 80.00 0.25 0.017 0.358
5001067 $ 259,381.91 80.00 0.25 0.017 0.000
5001090 $ 499,600.15 74.63 0.25 0.017 0.108
5001104 $ 263,799.11 80.00 0.25 0.017 0.358
5001149 $ 366,610.81 79.48 0.25 0.017 0.358
5001389 $ 325,502.35 80.00 0.25 0.017 0.358
5001577 $ 101,947.21 68.51 0.25 0.017 0.000
5001589 $ 282,613.69 79.99 0.25 0.017 0.108
5001694 $ 291,748.59 80.00 0.25 0.017 0.000
5001840 $ 289,768.10 87.88 17 0.25 0.017 0.108
5001943 $ 350,000.00 74.07 0.25 0.017 0.983
5002565 $ 215,250.00 75.00 0.25 0.017 0.608
5002885 $ 19,236.41 55.00 0.25 0.017 0.733
5002893 $ 329,748.89 25.88 0.25 0.017 0.358
5003068 $ 632,481.13 55.53 0.25 0.017 0.000
5003159 $ 400,000.00 55.56 0.25 0.017 0.000
5003809 $ 467,616.38 80.00 0.25 0.017 0.000
5004125 $ 469,605.14 66.20 0.25 0.017 0.000
5004498 $ 408,000.00 80.00 0.25 0.017 0.608
5004555 $ 294,786.48 67.83 0.25 0.017 0.608
5004841 $ 315,000.00 54.31 0.25 0.017 0.733
5005040 $ 287,758.04 80.00 0.25 0.017 0.000
5005172 $ 263,487.02 75.42 0.25 0.017 0.233
5005304 $ 275,500.00 95.00 11 0.25 0.017 0.108
5005483 $ 310,918.67 80.00 0.25 0.017 0.000
5005879 $ 529,190.94 80.00 0.25 0.017 0.358
5006014 $ 354,701.75 56.80 0.25 0.017 0.000
5006295 $ 544,574.84 61.76 0.25 0.017 0.233
5006325 $ 372,000.00 71.27 0.25 0.017 0.233
5006377 $ 291,565.23 80.00 0.25 0.017 0.483
5006728 $ 300,000.00 78.95 0.25 0.017 0.733
5006891 $ 464,000.00 68.21 0.25 0.017 0.483
5006894 $ 329,457.42 56.80 0.25 0.017 0.000
5007094 $ 363,000.00 75.00 0.25 0.017 0.233
5007113 $ 456,200.00 49.99 0.25 0.017 0.233
5007157 $ 300,000.00 66.67 0.25 0.017 0.233
5007273 $ 453,654.54 79.93 0.25 0.017 0.358
5007294 1,000,000.00 $ 58.14 0.25 0.017 0.233
5007506 $ 319,000.00 89.86 13 0.25 0.017 1.233
5007645 $ 294,656.93 48.76 0.25 0.017 0.358
5007672 $ 273,264.52 74.93 0.25 0.017 0.000
5007757 $ 296,546.61 78.16 0.25 0.017 0.358
5007937 $ 336,000.00 80.00 0.25 0.017 0.483
5007946 $ 303,768.67 80.00 0.25 0.017 0.358
5008183 $ 275,000.00 74.32 0.25 0.017 0.000
5008207 $ 499,590.15 80.00 0.25 0.017 0.000
5008283 $ 287,100.00 90.00 01 0.25 0.017 0.358
5008379 $ 580,000.00 80.00 0.25 0.017 0.000
5008398 $ 275,000.00 32.16 0.25 0.017 0.000
5008439 $ 260,988.46 95.00 01 0.25 0.017 1.233
5008623 $ 279,200.00 79.99 0.25 0.017 0.108
5008855 $ 583,200.00 80.00 0.25 0.017 0.233
5008980 $ 210,000.00 75.00 0.25 0.017 0.000
5009100 $ 489,627.15 15.31 0.25 0.017 0.358
5009106 $ 269,789.37 66.67 0.25 0.017 0.233
5009309 $ 288,000.00 90.00 13 0.25 0.017 0.233
5009341 $ 566,250.00 75.00 0.25 0.017 0.233
5009629 $ 317,751.92 75.00 0.25 0.017 0.233
5009688 $ 568,000.00 80.00 FX30YR 0.25 0.017 0.733
5009735 $ 288,000.00 90.00 01 0.25 0.017 0.983
5009830 $ 424,668.46 57.63 0.25 0.017 0.233
5009858 $ 499,600.15 52.14 0.25 0.017 0.108
5009903 $ 262,578.12 80.00 0.25 0.017 0.108
5010118 $ 611,200.00 80.00 0.25 0.017 0.000
5010650 $ 260,611.39 90.00 01 0.25 0.017 0.483
5011179 $ 251,817.61 80.00 0.25 0.017 0.608
5011303 $ 281,469.09 90.00 17 0.25 0.017 0.000
5011367 $ 310,000.00 54.39 0.25 0.017 1.108
5011458 $ 311,007.19 75.00 0.25 0.017 0.233
5011575 $ 329,626.01 60.00 0.25 0.017 0.000
5011666 $ 289,534.79 80.00 0.25 0.017 0.108
5011814 $ 339,734.77 83.95 01 0.25 0.017 0.233
5011913 $ 499,569.50 43.48 0.25 0.017 0.000
5011982 $ 329,755.09 75.00 0.25 0.017 0.483
5012439 $ 294,775.52 78.67 0.25 0.017 0.358
5012606 $ 359,732.83 90.00 12 0.25 0.017 0.483
5012610 $ 438,000.00 68.65 0.25 0.017 0.483
5012716 $ 338,508.29 79.99 0.25 0.017 0.000
5012783 $ 306,840.00 95.00 01 0.25 0.017 0.983
5012794 $ 296,500.00 77.01 0.25 0.017 0.000
5012798 $ 65,800.00 70.00 0.25 0.017 0.608
5012856 $ 298,500.00 75.00 0.25 0.017 0.483
5013155 $ 293,370.96 80.00 0.25 0.017 0.233
5013218 $ 399,687.96 71.17 0.25 0.017 0.233
5013300 $ 287,850.00 95.00 01 0.25 0.017 0.233
5013306 $ 399,672.12 52.02 0.25 0.017 0.000
5013385 $ 299,771.72 33.33 0.25 0.017 0.358
5013551 $ 877,500.00 65.00 0.25 0.017 0.983
5013698 $ 356,000.00 80.00 0.25 0.017 0.483
5013791 $ 288,000.00 80.00 0.25 0.017 0.000
5013832 $ 335,533.65 79.99 0.25 0.017 0.000
5013907 $ 333,433.14 79.99 0.25 0.017 0.108
5014050 $ 394,076.71 80.00 0.25 0.017 0.000
5014092 $ 298,478.09 69.86 0.25 0.017 0.483
5014254 $ 552,500.00 85.00 01 0.25 0.017 0.608
5014390 $ 340,727.31 65.58 0.25 0.017 0.108
5014513 $ 283,500.00 90.00 11 0.25 0.017 0.233
5014834 $ 484,000.00 80.00 0.25 0.017 0.000
5014847 $ 279,781.57 80.00 0.25 0.017 0.233
5015155 $ 341,000.00 77.50 0.25 0.017 0.233
5015439 $ 327,000.00 50.31 0.25 0.017 0.108
5015536 $ 387,922.80 80.00 0.25 0.017 0.000
5015571 $ 405,000.00 54.36 0.25 0.017 0.000
5015693 $ 476,000.00 80.00 0.25 0.017 0.233
5015744 $ 400,000.00 80.00 0.25 0.017 0.608
5015871 $ 349,698.66 58.33 0.25 0.017 0.000
5015899 $ 395,250.00 85.00 11 0.25 0.017 0.608
5016262 $ 340,000.00 80.00 0.25 0.017 0.000
5016333 $ 284,500.00 75.97 0.25 0.017 0.233
5016354 $ 330,000.00 75.00 0.25 0.017 0.233
5016574 $ 317,600.00 80.00 0.25 0.017 0.233
5016619 $ 307,529.84 80.00 0.25 0.017 0.358
5016627 $ 389,695.76 39.00 0.25 0.017 0.233
5016697 $ 275,000.00 52.38 0.25 0.017 0.000
5016752 $ 320,000.00 80.00 0.25 0.017 0.233
5016831 $ 305,000.00 68.21 0.25 0.017 0.108
5016873 $ 308,000.00 80.00 0.25 0.017 0.233
5016932 $ 288,563.27 80.00 0.25 0.017 0.000
5016959 $ 379,703.56 76.54 0.25 0.017 0.233
5017097 $ 282,285.04 75.33 0.25 0.017 0.358
5017155 $ 311,511.75 69.33 0.25 0.017 0.233
5017162 $ 344,724.11 51.49 0.25 0.017 0.108
5017257 $ 337,943.45 59.39 0.25 0.017 0.000
5017529 $ 350,000.00 71.43 0.25 0.017 0.000
5017592 $ 335,970.00 79.81 0.25 0.017 0.483
5017609 $ 575,491.80 80.00 0.25 0.017 0.000
5017771 $ 468,000.00 80.00 0.25 0.017 0.233
5017784 $ 749,000.00 70.00 0.25 0.017 0.108
5017793 $ 363,678.84 80.00 0.25 0.017 0.000
5017824 $ 450,000.00 52.02 0.25 0.017 0.000
5017881 $ 283,772.88 80.00 0.25 0.017 0.108
5017933 $ 293,915.96 80.00 0.25 0.017 0.000
5018020 $ 272,500.00 75.48 0.25 0.017 0.483
5018144 $ 773,665.31 64.53 0.25 0.017 0.000
5018263 $ 390,102.93 80.00 0.25 0.017 0.358
5018268 $ 384,899.50 90.00 01 0.25 0.017 0.233
5018316 $ 280,000.00 77.78 GD 1YR 0.25 0.017 0.233
5018331 $ 636,000.00 80.00 0.25 0.017 0.108
5018338 $ 390,000.00 72.90 0.25 0.017 0.000
5018342 $ 399,389.37 80.00 0.25 0.017 0.358
5018392 $ 385,713.53 65.42 0.25 0.017 0.483
5018562 $ 280,000.00 73.98 0.25 0.017 0.608
5018660 $ 301,500.00 90.00 13 0.25 0.017 0.000
5018704 $ 496,000.00 80.00 0.25 0.017 0.000
5018779 $ 339,657.31 80.00 0.25 0.017 0.000
5018926 $ 244,000.00 80.00 0.25 0.017 0.608
5018974 $ 285,354.10 79.67 0.25 0.017 0.000
5019030 $ 374,692.62 55.64 0.25 0.017 0.000
5019197 $ 650,000.00 68.67 0.25 0.017 0.000
5019239 $ 589,600.00 80.00 0.25 0.017 0.000
5019363 $ 266,250.00 75.00 0.25 0.017 0.108
5019375 $ 284,600.00 66.19 0.25 0.017 0.108
5019390 $ 335,637.96 80.00 0.25 0.017 0.233
5019408 1,000,000.00 $ 47.62 0.25 0.017 0.000
5019413 $ 253,312.73 94.99 11 0.25 0.017 0.358
5019438 $ 519,573.76 65.82 0.25 0.017 0.000
5019530 $ 296,000.00 65.63 0.25 0.017 0.000
5019700 $ 398,000.00 80.00 0.25 0.017 0.000
5019703 $ 550,000.00 67.07 0.25 0.017 0.000
5019975 $ 360,000.00 78.26 0.25 0.017 0.000
5020189 $ 435,000.00 68.18 0.25 0.017 0.358
5020190 $ 293,000.00 59.43 0.25 0.017 0.000
5020199 $ 276,189.68 80.00 0.25 0.017 0.358
5020205 $ 300,000.00 80.00 0.25 0.017 1.108
5020231 $ 261,400.00 79.99 0.25 0.017 0.000
5020348 $ 455,000.00 79.82 0.25 0.017 0.108
5020536 $ 256,000.00 80.00 0.25 0.017 0.233
5020564 $ 263,778.21 73.33 0.25 0.017 0.000
5020816 $ 281,000.00 79.97 0.25 0.017 0.000
5020853 $ 316,440.40 79.98 0.25 0.017 0.000
5020869 $ 392,068.91 90.00 06 0.25 0.017 0.233
5020878 $ 288,924.17 79.97 0.25 0.017 0.000
5020936 $ 254,250.00 90.00 01 0.25 0.017 0.000
5021039 $ 299,777.36 68.18 0.25 0.017 0.483
5021249 $ 405,350.00 80.00 0.25 0.017 0.000
5021309 $ 264,000.00 80.00 0.25 0.017 0.108
5021314 $ 452,000.00 80.00 0.25 0.017 0.000
5021352 $ 256,200.00 79.32 0.25 0.017 0.000
5021503 $ 269,356.27 80.00 0.25 0.017 0.000
5021685 $ 356,400.00 90.00 17 0.25 0.017 0.233
5021697 $ 411,653.87 80.00 0.25 0.017 0.000
5021751 $ 271,808.02 76.62 0.25 0.017 0.733
5021806 $ 351,745.23 80.00 0.25 0.017 0.608
5021830 $ 299,004.70 75.00 0.25 0.017 0.000
5021842 $ 268,400.00 80.00 0.25 0.017 0.233
5021893 $ 315,000.00 69.54 0.25 0.017 0.108
5021953 $ 279,752.95 80.00 0.25 0.017 0.000
5021979 $ 313,789.30 80.00 0.25 0.017 0.983
5022026 $ 352,500.00 74.21 0.25 0.017 0.233
5022044 $ 511,600.59 80.00 0.25 0.017 0.233
5022133 $ 280,800.00 90.00 11 0.25 0.017 0.000
5022205 $ 327,985.92 90.00 06 0.25 0.017 0.233
5022229 $ 279,850.38 76.77 0.25 0.017 0.108
5022362 $ 280,000.00 70.00 0.25 0.017 0.233
5022518 $ 471,750.00 75.00 0.25 0.017 0.358
5022546 $ 269,814.19 90.00 17 0.25 0.017 0.858
5022765 $ 280,000.00 79.06 0.25 0.017 0.000
5022775 $ 322,535.40 84.99 01 0.25 0.017 0.000
5022833 $ 310,000.00 22.96 0.25 0.017 0.108
5022859 $ 450,000.00 31.03 0.25 0.017 0.233
5022877 $ 450,000.00 58.06 0.25 0.017 0.108
5022902 $ 595,535.05 80.00 0.25 0.017 0.233
5022947 $ 272,000.00 78.84 0.25 0.017 0.000
5022974 $ 454,645.05 46.43 0.25 0.017 0.233
5023004 $ 299,415.30 51.28 0.25 0.017 0.000
5023073 $ 301,276.25 90.00 12 0.25 0.017 0.483
5023151 $ 379,688.52 45.24 0.25 0.017 0.000
5023339 $ 380,000.00 78.35 0.25 0.017 0.483
5023430 $ 272,781.68 74.79 0.25 0.017 0.108
5023446 $ 249,809.77 77.50 0.25 0.017 0.358
5023598 $ 300,000.00 68.57 0.25 0.017 0.108
5023654 $ 330,000.00 69.47 0.25 0.017 1.608
5023655 $ 415,683.46 80.00 0.25 0.017 0.358
5023756 $ 285,000.00 58.76 0.25 0.017 0.108
5023781 $ 450,000.00 49.72 0.25 0.017 0.000
5023831 $ 525,000.00 66.46 0.25 0.017 0.108
5023903 $ 379,696.11 76.00 0.25 0.017 0.108
5023931 $ 279,781.58 80.00 0.25 0.017 0.233
5024060 $ 449,621.95 54.88 0.25 0.017 0.000
5024063 $ 300,000.00 69.77 0.25 0.017 0.483
5024088 $ 369,696.71 71.84 0.25 0.017 0.000
5024244 $ 344,730.87 53.91 0.25 0.017 0.233
5024289 $ 347,200.00 80.00 0.25 0.017 0.000
5024445 $ 343,180.22 80.00 0.25 0.017 0.233
5024669 $ 323,200.00 80.00 0.25 0.017 0.000
5024685 $ 343,011.58 80.00 0.25 0.017 0.000
5024704 $ 302,400.00 80.00 0.25 0.017 0.358
5024707 $ 277,278.09 75.00 0.25 0.017 0.108
5024737 $ 355,000.00 63.96 0.25 0.017 0.108
5024863 $ 460,000.00 79.58 0.25 0.017 0.483
5024865 $ 449,000.00 69.18 0.25 0.017 0.000
5024926 $ 287,763.93 80.00 0.25 0.017 0.000
5024944 $ 351,568.54 80.00 0.25 0.017 0.108
5024999 $ 371,671.79 65.03 0.25 0.017 0.000
5025097 $ 280,000.00 72.35 0.25 0.017 0.000
5025116 $ 297,773.24 45.85 0.25 0.017 0.358
5025155 $ 259,807.04 73.03 0.25 0.017 0.483
5025309 $ 250,000.00 73.31 0.25 0.017 0.483
5025320 $ 400,000.00 80.00 0.25 0.017 0.233
5025399 $ 269,523.37 60.62 0.25 0.017 0.000
5025526 $ 386,644.17 86.85 06 0.25 0.017 0.483
5025810 $ 620,000.00 60.37 0.25 0.017 0.000
5025850 $ 379,703.56 67.86 0.25 0.017 0.233
5025859 $ 254,930.16 79.95 0.25 0.017 0.000
5025904 $ 306,735.68 79.98 0.25 0.017 0.000
5025968 $ 425,000.00 72.65 0.25 0.017 0.233
5025993 $ 600,000.00 80.00 0.25 0.017 0.108
5026004 $ 430,000.00 55.13 0.25 0.017 0.000
5026065 $ 255,795.28 80.00 0.25 0.017 0.108
5026136 $ 406,882.35 80.00 0.25 0.017 0.233
5026139 $ 350,000.00 40.00 0.25 0.017 0.000
5026179 $ 371,180.14 64.05 0.25 0.017 0.000
5026206 $ 384,000.00 45.99 0.25 0.017 0.000
5026226 $ 459,658.61 75.41 0.25 0.017 0.483
5026399 $ 260,800.00 80.00 0.25 0.017 0.108
5026453 $ 270,000.00 71.07 0.25 0.017 0.608
5026473 $ 454,844.90 80.00 0.25 0.017 0.233
5026477 $ 310,000.00 80.00 0.25 0.017 0.108
5026557 $ 500,000.00 58.48 0.25 0.017 0.000
5026612 $ 388,000.00 80.00 0.25 0.017 0.000
5026638 $ 322,000.00 80.00 0.25 0.017 0.233
5026667 $ 387,689.72 80.00 0.25 0.017 0.108
5026701 $ 425,000.00 29.82 0.25 0.017 0.233
5026844 $ 390,000.00 58.21 0.25 0.017 0.000
5026845 $ 531,650.00 80.00 0.25 0.017 0.108
5026928 $ 268,295.69 31.96 0.25 0.017 0.358
5027005 $ 297,500.00 70.00 0.25 0.017 0.000
5027057 $ 300,000.00 80.00 0.25 0.017 0.233
5027135 $ 310,000.00 73.37 0.25 0.017 0.000
5027189 $ 265,601.71 90.00 33 0.25 0.017 0.483
5027226 $ 387,453.17 90.00 13 0.25 0.017 0.858
5027240 $ 278,776.88 69.92 0.25 0.017 0.108
5027337 $ 364,685.74 64.60 0.25 0.017 0.000
5027571 $ 300,000.00 48.62 0.25 0.017 0.108
5027572 $ 499,600.16 80.00 0.25 0.017 0.108
5027587 $ 327,000.00 46.71 0.25 0.017 0.108
5027596 $ 355,000.00 58.68 0.25 0.017 0.233
5027838 $ 273,546.84 62.22 0.25 0.017 0.483
5027841 $ 362,656.49 75.60 0.25 0.017 0.983
5027872 $ 339,314.69 60.43 0.25 0.017 0.000
5027932 $ 247,200.00 80.00 0.25 0.017 0.108
5027951 $ 459,641.15 73.60 0.25 0.017 0.233
5027974 $ 460,000.00 68.66 0.25 0.017 0.108
5027981 $ 372,709.02 20.83 0.25 0.017 0.233
5027985 $ 264,550.00 88.18 17 0.25 0.017 0.233
5028034 $ 279,281.97 79.86 0.25 0.017 0.233
5028072 $ 444,000.00 80.00 0.25 0.017 0.358
5028096 $ 294,758.19 94.55 06 0.25 0.017 0.000
5028098 $ 379,696.11 80.00 0.25 0.017 0.108
5028118 $ 267,785.68 80.00 0.25 0.017 0.108
5028181 $ 271,771.48 85.00 01 0.25 0.017 0.000
5028226 $ 399,672.12 80.00 0.25 0.017 0.000
5028338 $ 335,744.33 80.00 0.25 0.017 0.358
5028341 $ 390,000.00 67.24 0.25 0.017 0.233
5028518 $ 364,693.35 68.22 0.25 0.017 0.000
5028734 $ 311,744.25 80.00 0.25 0.017 0.000
5028827 $ 825,000.00 45.83 0.25 0.017 0.358
5028833 $ 375,000.00 48.08 0.25 0.017 0.000
5028881 $ 404,000.00 80.00 0.25 0.017 0.233
5028920 $ 550,000.00 42.80 0.25 0.017 0.983
5028986 $ 400,000.00 67.23 0.25 0.017 0.000
5029078 $ 300,000.00 76.92 0.25 0.017 0.608
5029089 $ 246,842.50 53.70 0.25 0.017 1.233
5029154 $ 300,000.00 50.68 0.25 0.017 0.233
5029204 $ 515,000.00 56.59 0.25 0.017 0.358
5029232 $ 263,794.05 80.00 0.25 0.017 0.233
5029336 $ 399,687.96 80.00 0.25 0.017 0.233
5029353 $ 319,447.41 66.67 0.25 0.017 0.000
5029402 $ 289,615.20 90.00 01 0.25 0.017 1.233
5029471 $ 500,089.74 70.00 0.25 0.017 0.000
5029713 $ 400,000.00 76.92 0.25 0.017 0.000
5029847 $ 395,000.00 56.83 0.25 0.017 0.858
5029945 $ 387,000.00 65.93 0.25 0.017 0.000
5030012 $ 297,767.53 69.30 0.25 0.017 0.233
5030022 $ 474,750.00 80.00 0.25 0.017 0.000
5030079 $ 452,000.00 64.57 0.25 0.017 0.358
5030093 $ 675,500.00 70.00 0.25 0.017 0.000
5030166 $ 446,000.00 78.80 0.25 0.017 0.358
5030220 $ 280,000.00 68.29 0.25 0.017 0.233
5030312 $ 190,000.00 74.51 0.25 0.017 0.358
5030319 $ 460,000.00 54.76 0.25 0.017 0.233
5030398 $ 283,823.47 80.00 0.25 0.017 1.358
5030404 $ 299,530.53 54.64 0.25 0.017 0.233
5030421 $ 324,758.80 71.43 0.25 0.017 0.483
5030457 $ 434,652.14 69.60 0.25 0.017 0.108
5030499 $ 299,506.75 20.00 0.25 0.017 0.000
5030650 $ 313,255.43 75.00 0.25 0.017 0.233
5030683 $ 283,755.48 65.59 0.25 0.017 0.000
5030752 $ 300,000.00 69.44 0.25 0.017 0.358
5030787 $ 287,780.85 80.00 0.25 0.017 0.358
5030839 $ 276,294.80 70.00 0.25 0.017 0.483
5030847 $ 335,750.64 61.09 0.25 0.017 0.483
5030878 $ 401,570.56 69.90 0.25 0.017 0.000
5030897 $ 585,490.42 59.80 0.25 0.017 0.233
5030925 $ 263,799.11 80.00 0.25 0.017 0.358
5030981 $ 397,697.15 36.18 0.25 0.017 0.358
5031004 $ 297,273.63 85.00 17 0.25 0.017 0.358
5031022 $ 100,680.67 65.00 0.25 0.017 0.858
5031048 $ 370,000.00 75.51 0.25 0.017 0.233
5031049 $ 279,864.68 80.92 33 0.25 0.017 0.000
5031067 $ 431,487.47 77.66 0.25 0.017 0.608
5031131 $ 479,693.92 25.95 0.25 0.017 1.233
5031151 $ 269,950.00 89.98 01 0.25 0.017 0.733
5031288 $ 418,290.24 85.00 24 0.25 0.017 0.108
5031377 $ 61,907.67 52.90 0.25 0.017 0.483
5031414 $ 299,747.96 68.97 0.25 0.017 0.000
5031423 $ 467,500.00 85.00 01 0.25 0.017 0.733
5031435 $ 514,293.26 74.24 0.25 0.017 0.000
5031453 $ 398,341.36 80.00 0.25 0.017 0.000
5031481 $ 261,102.75 94.99 13 0.25 0.017 0.483
5031493 $ 459,641.15 80.00 0.25 0.017 0.233
5031508 $ 303,746.83 73.37 0.25 0.017 0.000
5031522 $ 269,883.78 86.10 06 0.25 0.017 0.000
5031591 $ 308,670.75 86.04 11 0.25 0.017 0.483
5031730 $ 404,000.00 80.00 0.25 0.017 0.000
5031739 $ 280,519.87 67.38 0.25 0.017 0.000
5031770 $ 424,000.00 80.00 0.25 0.017 0.108
5031779 $ 275,684.77 74.57 0.25 0.017 0.233
5031954 $ 518,745.07 80.00 0.25 0.017 0.108
5031963 $ 483,085.29 79.51 0.25 0.017 0.233
5031994 $ 254,353.63 77.27 0.25 0.017 0.000
5032015 $ 406,816.26 79.99 0.25 0.017 0.000
5032045 $ 352,560.00 80.00 0.25 0.017 0.108
5032059 $ 303,774.38 80.00 0.25 0.017 0.483
5032061 $ 252,500.00 63.13 0.25 0.017 0.358
5032088 $ 251,044.04 69.79 0.25 0.017 0.000
5032184 $ 909,290.12 65.00 0.25 0.017 0.233
5032186 $ 306,448.60 80.00 0.25 0.017 0.000
5032190 $ 274,000.00 88.39 24 0.25 0.017 0.358
5032203 $ 292,000.00 80.00 0.25 0.017 0.000
5032271 $ 253,770.76 80.00 0.25 0.017 0.000
5032402 $ 319,737.70 72.74 0.25 0.017 0.000
5032406 $ 279,781.57 80.00 0.25 0.017 0.233
5032440 $ 299,469.18 60.61 0.25 0.017 0.000
5032454 $ 279,797.34 65.88 0.25 0.017 0.608
5032488 $ 255,335.03 80.00 0.25 0.017 0.000
5032510 $ 354,623.14 70.00 0.25 0.017 0.233
5032571 $ 737,424.28 80.00 0.25 0.017 0.233
5032601 $ 264,134.00 74.86 0.25 0.017 0.108
5032605 $ 567,506.94 80.00 0.25 0.017 0.233
5032655 $ 243,833.46 90.00 11 0.25 0.017 0.733
5032671 $ 288,000.00 80.00 0.25 0.017 0.000
5032679 $ 519,832.76 71.86 0.25 0.017 0.483
5032700 $ 359,203.29 89.95 12 0.25 0.017 0.858
5032715 $ 399,710.49 80.00 0.25 0.017 0.608
5032736 $ 328,031.09 85.00 01 0.25 0.017 0.000
5032791 $ 375,000.00 75.00 0.25 0.017 0.483
5032795 $ 399,687.96 80.00 0.25 0.017 0.233
5032846 $ 265,000.00 40.77 0.25 0.017 0.000
5032901 $ 319,717.67 53.33 0.25 0.017 0.000
5033007 $ 316,000.00 80.00 0.25 0.017 0.108
5033075 $ 271,918.65 80.00 0.25 0.017 0.108
5033117 $ 346,929.15 80.00 0.25 0.017 0.233
5033132 $ 327,724.44 80.00 0.25 0.017 0.000
5033136 $ 400,000.00 80.00 0.25 0.017 0.233
5033140 $ 310,139.22 80.00 0.25 0.017 0.000
5033167 $ 311,147.29 79.99 0.25 0.017 0.108
5033193 $ 582,519.68 79.79 0.25 0.017 0.000
5033228 $ 269,379.85 75.00 0.25 0.017 0.358
5033246 $ 371,716.93 80.00 0.25 0.017 0.358
5033262 $ 840,000.00 60.00 0.25 0.017 0.608
5033272 $ 390,483.06 75.00 0.25 0.017 0.000
5033285 $ 296,265.38 90.00 13 0.25 0.017 0.000
5033291 $ 304,021.87 80.00 0.25 0.017 0.608
5033364 $ 354,729.87 64.55 0.25 0.017 0.358
5033370 $ 382,500.00 75.00 0.25 0.017 0.358
5033393 $ 290,253.01 69.52 0.25 0.017 0.000
5033406 $ 287,775.33 33.49 0.25 0.017 0.233
5033409 $ 508,800.00 80.00 0.25 0.017 0.000
5033420 $ 270,000.00 71.05 0.25 0.017 0.358
5033426 $ 302,911.12 77.87 0.25 0.017 0.000
5033480 $ 408,000.00 80.00 0.25 0.017 0.000
5033508 $ 499,619.54 69.83 0.25 0.017 0.358
5033521 $ 349,600.00 89.99 11 0.25 0.017 0.483
5033523 $ 306,844.70 75.00 0.25 0.017 0.733
5033528 $ 529,600.00 80.00 0.25 0.017 0.000
5033533 $ 323,748.24 77.38 0.25 0.017 0.358
5033555 $ 287,349.61 95.00 11 0.25 0.017 0.483
5033571 $ 300,000.00 44.44 0.25 0.017 0.000
5033605 $ 311,724.72 56.32 0.25 0.017 0.000
5033624 $ 261,601.33 59.87 0.25 0.017 0.000
5033635 $ 342,501.92 79.99 0.25 0.017 0.608
5033660 $ 261,750.00 75.00 0.25 0.017 1.108
5033705 $ 255,335.02 80.00 0.25 0.017 0.000
5033742 $ 270,178.35 80.00 0.25 0.017 0.000
5033778 $ 325,213.26 74.77 0.25 0.017 0.108
5033786 $ 407,788.86 80.00 0.25 0.017 0.000
5033828 $ 336,110.26 71.70 0.25 0.017 0.000
5033837 $ 348,336.85 79.91 0.25 0.017 0.233
5033858 $ 302,138.47 61.84 0.25 0.017 0.000
5033872 $ 291,507.97 64.18 0.25 0.017 0.000
5033894 $ 334,449.21 68.37 0.25 0.017 0.000
5033897 $ 278,093.28 52.60 0.25 0.017 0.000
5033920 $ 445,319.18 61.52 0.25 0.017 0.358
5033928 $ 419,655.72 38.22 0.25 0.017 0.000
5033946 $ 265,500.00 90.00 13 0.25 0.017 0.983
5033965 $ 299,494.48 67.75 0.25 0.017 0.000
5033967 $ 550,000.00 63.58 0.25 0.017 0.108
5033987 $ 540,000.00 69.23 0.25 0.017 0.000
5034098 $ 252,000.00 80.00 0.25 0.017 0.233
5034102 $ 344,695.61 75.99 0.25 0.017 0.000
5034104 $ 474,570.59 66.16 0.25 0.017 0.000
5034110 $ 304,756.09 49.19 0.25 0.017 0.108
5034157 $ 646,519.83 73.94 0.25 0.017 0.483
5034203 $ 334,058.04 64.91 0.25 0.017 0.608
5034310 $ 263,347.01 80.00 0.25 0.017 0.000
5034326 $ 274,790.75 54.89 0.25 0.017 0.358
5034370 $ 471,622.54 79.86 0.25 0.017 0.108
5034427 $ 418,986.40 75.68 0.25 0.017 0.108
5034459 $ 647,742.48 72.74 0.25 0.017 0.000
5034480 $ 266,801.84 68.46 0.25 0.017 0.483
5034528 $ 256,800.00 74.43 0.25 0.017 0.108
5034610 $ 602,400.00 80.00 0.25 0.017 0.358
5034612 $ 329,742.56 68.89 0.25 0.017 0.233
5034613 $ 388,017.77 60.00 0.25 0.017 0.233
5034621 $ 319,188.83 77.67 0.25 0.017 0.000
5034664 $ 357,522.44 77.93 0.25 0.017 0.000
5034675 $ 305,532.87 69.55 0.25 0.017 0.358
5034677 $ 312,911.52 90.00 06 0.25 0.017 0.233
5034701 $ 255,153.24 79.50 0.25 0.017 0.000
5034733 $ 345,000.00 64.49 0.25 0.017 0.483
5034765 $ 249,819.06 73.53 0.25 0.017 0.608
5034839 $ 399,680.13 72.73 0.25 0.017 0.108
5034849 $ 304,399.24 79.99 0.25 0.017 0.358
5034978 $ 552,089.96 70.83 0.25 0.017 0.483
5035010 $ 976,500.00 70.00 0.25 0.017 0.108
5035033 $ 305,600.00 80.00 0.25 0.017 0.000
5035116 $ 259,797.17 69.43 0.25 0.017 0.233
5035165 $ 355,722.28 80.00 0.25 0.017 0.233
5035211 $ 259,275.30 70.13 0.25 0.017 0.000
5035298 $ 284,788.48 75.00 0.25 0.017 0.483
5035313 $ 468,000.00 80.00 0.25 0.017 1.108
5035343 $ 278,541.27 87.19 33 0.25 0.017 0.000
5035363 $ 316,770.56 86.85 06 0.25 0.017 0.608
5035390 $ 610,000.00 79.22 0.25 0.017 0.233
5035391 $ 293,017.43 84.83 33 0.25 0.017 0.000
5035408 $ 399,687.96 51.28 0.25 0.017 0.233
5035441 $ 346,773.01 38.56 0.25 0.017 1.108
5035474 $ 415,683.46 80.00 0.25 0.017 0.358
5035504 $ 255,000.00 52.58 0.25 0.017 0.000
5035509 $ 280,000.00 67.31 0.25 0.017 0.483
5035533 $ 300,000.00 52.17 0.25 0.017 0.000
5035539 $ 366,899.00 80.00 0.25 0.017 0.000
5035587 $ 554,646.10 61.67 0.25 0.017 1.233
5035600 $ 272,000.00 80.00 0.25 0.017 0.483
5035608 $ 399,717.68 72.07 0.25 0.017 0.733
5035632 $ 414,692.00 67.70 0.25 0.017 0.483
5035672 $ 299,239.54 80.00 0.25 0.017 0.000
5035687 $ 276,120.55 65.18 0.25 0.017 0.000
5035690 $ 582,483.05 74.87 0.25 0.017 0.000
5035691 $ 557,605.10 70.71 0.25 0.017 0.000
5035721 $ 494,004.90 80.00 0.25 0.017 0.108
5035735 $ 570,000.00 33.53 0.25 0.017 0.233
5035741 $ 272,839.96 75.97 0.25 0.017 0.108
5035763 $ 327,700.00 84.99 01 0.25 0.017 0.483
5035772 $ 262,295.22 70.95 0.25 0.017 0.233
5035776 $ 589,690.71 80.00 0.25 0.017 0.108
5035789 $ 378,780.81 80.00 0.25 0.017 0.108
5035798 $ 338,875.43 76.06 0.25 0.017 0.000
5035808 $ 305,109.79 80.00 0.25 0.017 0.108
5035822 $ 263,263.14 79.99 0.25 0.017 0.108
5035824 $ 359,213.35 80.00 0.25 0.017 0.608
5035854 $ 380,763.57 72.95 0.25 0.017 0.000
5035876 $ 403,998.25 76.27 0.25 0.017 0.000
5035880 $ 328,056.35 70.00 0.25 0.017 0.483
5035895 $ 243,172.96 65.07 0.25 0.017 0.000
5035898 $ 311,017.55 75.18 0.25 0.017 0.233
5035916 $ 362,151.89 48.73 0.25 0.017 0.233
5035980 $ 273,704.42 80.00 0.25 0.017 0.000
5035993 $ 383,975.33 74.18 0.25 0.017 0.000
5036047 $ 349,705.95 48.28 0.25 0.017 0.000
5036055 $ 512,000.00 72.11 0.25 0.017 0.483
5036073 $ 488,627.90 58.08 0.25 0.017 0.358
5036129 $ 599,000.00 59.96 0.25 0.017 0.358
5036132 $ 328,716.74 69.85 0.25 0.017 0.000
5036133 $ 453,895.64 76.34 0.25 0.017 0.233
5036134 $ 317,757.26 67.16 0.25 0.017 0.358
5036141 $ 334,400.00 79.83 0.25 0.017 0.358
5036191 $ 287,769.69 80.00 0.25 0.017 0.108
5036196 $ 620,200.00 62.02 0.25 0.017 0.000
5036221 $ 287,000.00 57.40 0.25 0.017 0.733
5036224 $ 149,885.86 64.66 0.25 0.017 0.358
5036235 $ 364,715.26 65.77 0.25 0.017 0.233
5036238 $ 326,738.51 52.15 0.25 0.017 0.108
5036253 $ 120,000.00 74.07 0.25 0.017 0.483
5036259 $ 400,000.00 80.00 0.25 0.017 0.858
5036331 $ 250,030.01 71.21 0.25 0.017 0.000
5036336 $ 292,000.00 80.00 0.25 0.017 0.358
5036367 $ 345,402.52 86.50 33 0.25 0.017 0.000
5036385 $ 419,647.14 51.22 0.25 0.017 0.000
5036406 $ 304,000.00 80.00 0.25 0.017 0.483
5036410 $ 356,714.51 64.91 0.25 0.017 0.108
5036441 $ 297,794.46 76.92 0.25 0.017 0.000
5036472 $ 354,970.69 90.00 33 0.25 0.017 0.483
5036479 $ 269,950.00 89.98 06 0.25 0.017 0.233
5036533 $ 335,474.19 78.14 0.25 0.017 0.233
5036551 $ 364,004.73 76.04 0.25 0.017 0.000
5036567 $ 256,587.74 77.88 0.25 0.017 0.108
5036578 $ 327,737.70 80.00 0.25 0.017 0.108
5036587 $ 258,792.87 77.78 0.25 0.017 0.108
5036590 $ 290,000.00 74.36 0.25 0.017 0.000
5036596 $ 295,519.28 78.03 0.25 0.017 0.000
5036608 $ 310,000.00 67.25 0.25 0.017 0.000
5036616 $ 253,616.30 50.26 0.25 0.017 0.608
5036620 $ 299,220.74 71.09 0.25 0.017 0.000
5036699 $ 364,428.82 68.22 0.25 0.017 0.233
5036723 $ 274,780.08 65.48 0.25 0.017 0.108
5036727 $ 420,000.00 76.92 0.25 0.017 0.358
5036752 $ 399,500.00 85.00 11 0.25 0.017 0.233
5036781 $ 259,387.84 72.22 0.25 0.017 0.233
5036791 $ 400,000.00 75.47 0.25 0.017 0.733
5036798 $ 290,854.74 79.99 0.25 0.017 0.000
5036805 $ 249,350.61 77.16 0.25 0.017 0.000
5036899 $ 408,008.97 75.00 0.25 0.017 0.000
5036901 $ 400,000.00 51.61 0.25 0.017 0.000
5036912 $ 270,000.00 69.23 0.25 0.017 0.000
5036954 $ 278,782.35 62.14 0.25 0.017 0.233
5036961 $ 500,000.00 51.41 0.25 0.017 0.000
5037016 $ 293,584.38 80.00 0.25 0.017 0.000
5037109 $ 302,745.44 74.45 0.25 0.017 0.000
5037123 $ 296,000.00 80.00 0.25 0.017 0.108
5037133 $ 265,100.00 79.58 0.25 0.017 0.000
5037220 $ 283,500.00 59.68 0.25 0.017 0.000
5037221 $ 349,022.47 67.86 0.25 0.017 0.000
5037229 $ 367,394.94 80.00 0.25 0.017 0.000
5037243 $ 290,400.00 78.52 0.25 0.017 0.108
5037252 $ 300,000.00 45.73 0.25 0.017 0.233
5037257 $ 269,556.07 70.13 0.25 0.017 0.000
5037295 $ 323,727.80 90.00 06 0.25 0.017 0.000
5037310 $ 248,400.00 94.99 11 0.25 0.017 0.000
5037384 $ 246,000.00 68.52 0.25 0.017 0.358
5037428 $ 324,933.43 80.00 0.25 0.017 0.000
5037438 $ 414,434.40 80.00 0.25 0.017 0.358
5037453 $ 375,000.00 42.86 0.25 0.017 0.000
5037455 $ 548,000.00 80.00 0.25 0.017 0.108
5037497 $ 473,500.00 67.64 0.25 0.017 0.233
5037555 $ 311,511.75 80.00 0.25 0.017 0.233
5037562 $ 300,000.00 65.22 0.25 0.017 0.108
5037591 $ 310,000.00 76.35 0.25 0.017 0.608
5037618 $ 283,778.45 80.00 0.25 0.017 0.233
5037636 $ 303,768.69 77.95 0.25 0.017 0.358
5037642 $ 287,100.00 90.00 13 0.25 0.017 0.483
5037778 $ 356,000.00 80.00 0.25 0.017 0.358
5037781 $ 382,000.00 79.58 0.25 0.017 0.000
5037849 $ 770,000.00 60.39 0.25 0.017 0.233
5037947 $ 428,948.10 53.93 0.25 0.017 0.000
5037984 $ 400,000.00 30.77 0.25 0.017 0.358
5037985 $ 275,000.00 59.14 0.25 0.017 0.358
5038000 $ 382,708.56 51.07 0.25 0.017 0.358
5038009 $ 423,000.00 65.58 0.25 0.017 0.358
5038034 $ 263,000.00 70.13 0.25 0.017 0.858
5038036 $ 399,710.49 51.28 0.25 0.017 0.608
5038043 $ 650,000.00 78.79 0.25 0.017 0.000
5038045 $ 302,000.00 80.00 0.25 0.017 0.108
5038049 $ 860,000.00 63.24 0.25 0.017 0.233
5038132 $ 645,000.00 71.67 0.25 0.017 1.358
5038241 $ 499,609.94 69.93 0.25 0.017 0.233
5038244 $ 240,632.11 89.93 33 0.25 0.017 0.358
5038327 $ 374,677.13 44.18 0.25 0.017 0.000
5038423 $ 376,000.00 80.00 0.25 0.017 0.233
5038477 $ 268,200.00 90.00 11 0.25 0.017 1.233
5038494 $ 319,756.50 80.00 0.25 0.017 0.358
5038558 $ 399,680.12 89.90 06 0.25 0.017 0.108
5038562 $ 299,754.09 88.50 11 0.25 0.017 0.000
5038569 $ 259,356.88 80.00 0.25 0.017 0.000
5038574 $ 460,458.01 80.00 0.25 0.017 0.483
5038645 $ 256,323.47 90.00 13 0.25 0.017 0.858
5038669 $ 316,196.48 73.72 0.25 0.017 0.000
5038679 $ 363,077.32 60.67 0.25 0.017 0.000
5038694 $ 357,734.31 69.92 0.25 0.017 0.483
5038697 $ 428,910.04 74.14 0.25 0.017 0.000
5038701 $ 271,919.28 65.66 0.25 0.017 0.733
5038792 $ 299,765.97 22.90 0.25 0.017 0.233
5038793 $ 460,000.00 76.54 0.25 0.017 0.358
5038803 $ 169,733.54 64.72 0.25 0.017 0.000
5038877 $ 600,000.00 67.19 0.25 0.017 0.233
5038901 $ 370,400.00 80.00 0.25 0.017 0.108
5038962 $ 359,000.00 78.56 0.25 0.017 0.000
5039044 $ 375,000.00 52.84 0.25 0.017 0.358
5039057 $ 991,250.00 65.00 0.25 0.017 0.358
5039099 $ 369,718.46 79.57 0.25 0.017 0.358
5039104 $ 267,635.80 93.00 12 0.25 0.017 0.108
5039106 $ 450,000.00 64.75 0.25 0.017 0.000
5039133 $ 549,581.49 44.00 0.25 0.017 0.358
5039167 $ 299,760.09 50.00 0.25 0.017 0.108
5039353 $ 255,599.37 80.00 0.25 0.017 0.233
5039367 $ 299,793.54 80.00 0.25 0.017 0.858
5039368 $ 331,493.20 80.00 0.25 0.017 0.358
5039373 $ 394,691.86 89.98 01 0.25 0.017 0.233
5039374 $ 297,367.84 80.00 0.25 0.017 0.233
5039389 $ 266,660.86 80.00 0.25 0.017 0.000
5039403 $ 384,412.30 37.02 0.25 0.017 0.358
5039413 $ 164,566.62 80.00 0.25 0.017 0.733
5039420 $ 381,871.09 75.00 0.25 0.017 0.000
5039424 $ 489,252.01 70.00 0.25 0.017 0.358
5039431 $ 375,440.16 80.00 0.25 0.017 0.483
5039448 $ 275,500.00 95.00 01 0.25 0.017 0.233
5039459 $ 258,373.56 74.00 0.25 0.017 0.000
5039507 $ 149,123.92 70.00 0.25 0.017 0.358
5039519 $ 295,000.00 79.09 0.25 0.017 0.000
5039538 $ 325,000.00 41.99 0.25 0.017 0.000
5039551 $ 310,969.04 80.00 0.25 0.017 0.483
5039559 $ 164,754.33 77.83 0.25 0.017 0.483
5039571 $ 128,817.31 80.00 0.25 0.017 0.733
5039575 $ 628,964.17 73.68 0.25 0.017 0.000
5039579 $ 307,552.76 80.00 0.25 0.017 0.608
5039583 $ 51,926.38 72.22 0.25 0.017 0.733
5039598 $ 161,259.55 95.00 06 0.25 0.017 0.483
5039603 $ 173,740.93 67.18 0.25 0.017 0.483
5039610 $ 599,013.51 70.59 0.25 0.017 0.000
5039614 $ 333,227.72 75.00 0.25 0.017 0.233
5039621 $ 113,031.45 80.00 0.25 0.017 0.483
5039628 $ 290,521.55 68.47 0.25 0.017 0.000
5039632 $ 63,902.31 84.21 33 0.25 0.017 0.358
5039633 $ 407,689.55 77.71 0.25 0.017 0.358
5039669 $ 249,588.96 69.44 0.25 0.017 0.000
5039678 $ 399,374.03 68.38 0.25 0.017 0.233
5039688 $ 291,519.92 80.00 0.25 0.017 0.000
5039696 $ 279,428.37 79.97 0.25 0.017 0.000
5039702 $ 289,779.33 62.37 0.25 0.017 0.358
5039709 $ 175,737.94 80.00 0.25 0.017 0.483
5039717 $ 158,512.79 80.00 0.25 0.017 0.733
5039719 $ 287,981.75 68.12 0.25 0.017 0.358
5039734 $ 276,709.52 80.00 0.25 0.017 0.000
5039736 $ 174,712.28 70.00 0.25 0.017 0.000
5039741 $ 374,417.59 66.96 0.25 0.017 0.358
5039746 $ 350,000.00 46.67 0.25 0.017 0.000
5039755 $ 280,560.25 56.20 0.25 0.017 0.233
5039777 $ 239,633.64 75.00 0.25 0.017 0.358
5039788 $ 129,801.55 79.75 0.25 0.017 0.358
5039833 $ 310,000.00 62.94 0.25 0.017 0.733
5039899 $ 37,263.91 47.85 0.25 0.017 0.608
5039909 $ 296,589.87 77.14 0.25 0.017 0.858
5039916 $ 139,796.71 80.00 0.25 0.017 0.608
5039931 $ 231,663.11 71.38 0.25 0.017 0.608
5039936 $ 358,000.00 68.19 0.25 0.017 0.000
5039988 $ 256,900.00 61.17 0.25 0.017 0.358
5040045 $ 298,800.00 80.00 0.25 0.017 0.000
5040046 $ 408,630.98 74.99 0.25 0.017 0.233
5040049 $ 255,000.00 75.00 0.25 0.017 0.608
5040053 $ 507,000.00 69.93 0.25 0.017 0.483
5040054 $ 419,655.72 75.00 0.25 0.017 0.000
5040065 $ 293,600.00 80.00 0.25 0.017 0.233
5040129 $ 191,676.48 79.01 0.25 0.017 0.000
5040133 $ 378,481.76 77.31 0.25 0.017 0.000
5040136 $ 101,851.89 80.00 0.25 0.017 0.608
5040144 $ 209,663.14 70.00 0.25 0.017 0.108
5040147 $ 349,465.71 64.81 0.25 0.017 0.358
5040155 $ 136,785.59 94.48 01 0.25 0.017 0.233
5040164 $ 160,535.61 80.00 0.25 0.017 0.000
5040165 $ 131,793.44 80.00 0.25 0.017 0.233
5040173 $ 583,008.68 79.99 0.25 0.017 0.358
5040174 $ 550,358.60 80.00 0.25 0.017 0.358
5040180 $ 252,414.09 80.00 0.25 0.017 0.358
5040188 $ 279,572.58 72.73 0.25 0.017 0.358
5040192 $ 280,549.24 66.12 0.25 0.017 0.108
5040199 $ 321,508.47 70.00 0.25 0.017 0.358
5040206 $ 191,634.40 80.00 0.25 0.017 0.000
5040210 $ 448,331.46 73.61 0.25 0.017 0.483
5040211 $ 640,221.37 75.00 0.25 0.017 0.108
5040212 $ 218,736.14 71.75 0.25 0.017 0.358
5040214 $ 194,702.33 70.78 0.25 0.017 0.358
5040224 $ 457,514.90 75.01 0.25 0.017 0.108
5040227 $ 332,239.21 80.00 0.25 0.017 0.000
5040231 $ 276,555.66 75.89 0.25 0.017 0.108
5040244 $ 314,706.75 80.00 0.25 0.017 0.233
5040255 $ 109,074.75 94.18 01 0.25 0.017 0.108
5040262 $ 148,522.94 72.56 0.25 0.017 0.358
5040266 $ 49,917.80 15.15 0.25 0.017 0.000
5040273 $ 134,853.89 79.97 0.25 0.017 0.608
5040293 $ 151,690.25 79.99 0.25 0.017 0.858
5040300 $ 325,726.65 75.00 0.25 0.017 0.108
5040307 $ 120,824.30 69.14 0.25 0.017 0.608
5040311 $ 279,561.84 80.00 0.25 0.017 0.233
5040313 $ 158,763.26 63.60 0.25 0.017 0.483
5040318 $ 263,200.00 89.99 11 0.25 0.017 0.483
5040328 $ 64,893.13 68.42 0.25 0.017 0.000
5040344 $ 298,134.00 80.00 0.25 0.017 0.358
5040356 $ 380,310.39 80.00 0.25 0.017 0.358
5040362 $ 97,757.84 69.93 0.25 0.017 0.608
5040390 $ 618,980.61 80.00 0.25 0.017 0.000
5040416 $ 292,563.74 79.84 0.25 0.017 0.483
5040426 $ 44,927.82 41.28 0.25 0.017 0.108
5040473 $ 520,000.00 80.00 0.25 0.017 1.233
5040477 $ 299,000.00 76.67 0.25 0.017 1.858
5040481 $ 299,000.00 63.62 0.25 0.017 1.608
5040506 $ 319,737.70 78.62 0.25 0.017 0.000
5040511 $ 314,754.27 69.19 0.25 0.017 0.233
5040516 $ 280,000.00 65.12 0.25 0.017 0.358
5040533 $ 297,500.00 79.33 0.25 0.017 0.483
5040659 $ 290,064.77 85.00 11 0.25 0.017 0.608
5040704 $ 360,000.00 80.00 0.25 0.017 0.000
5040707 $ 285,771.29 80.00 0.25 0.017 0.108
5040709 $ 325,000.00 68.42 0.25 0.017 0.233
5040769 $ 245,000.00 70.00 0.25 0.017 1.608
5040778 $ 414,350.58 77.57 0.25 0.017 0.233
5040811 $ 712,000.00 58.36 0.25 0.017 1.233
5040816 $ 299,518.76 68.97 0.25 0.017 0.108
5040823 $ 150,246.40 70.00 0.25 0.017 0.000
5040825 $ 339,440.99 73.12 0.25 0.017 0.000
5040826 $ 223,658.05 80.00 0.25 0.017 0.358
5040836 $ 203,680.76 40.80 0.25 0.017 0.233
5040839 $ 289,568.19 25.22 0.25 0.017 0.483
5040840 $ 351,021.90 80.09 33 0.25 0.017 0.000
5040841 $ 123,916.80 55.36 0.25 0.017 0.983
5040843 $ 135,797.51 80.00 0.25 0.017 0.483
5040846 $ 69,890.47 45.16 0.25 0.017 0.233
5040847 $ 259,603.10 80.00 0.25 0.017 0.358
5040861 $ 319,473.87 70.50 0.25 0.017 0.000
5040863 $ 111,920.18 95.00 01 0.25 0.017 0.108
5040865 $ 436,800.00 70.00 0.25 0.017 0.483
5040868 $ 267,590.90 80.00 0.25 0.017 0.358
5040869 $ 112,323.95 75.00 0.25 0.017 0.233
5040871 $ 192,206.15 70.00 0.25 0.017 0.358
5040874 $ 303,112.99 80.00 0.25 0.017 0.108
5040879 $ 238,534.89 78.36 0.25 0.017 0.358
5040880 $ 470,797.97 63.46 0.25 0.017 0.483
5040882 $ 82,377.17 74.66 0.25 0.017 0.483
5040884 $ 369,420.97 56.06 0.25 0.017 0.233
5040889 $ 648,904.71 45.61 0.25 0.017 0.000
5040902 $ 287,581.78 80.00 0.25 0.017 0.608
5040905 $ 364,029.64 65.64 0.25 0.017 0.483
5040915 $ 108,338.45 68.67 0.25 0.017 0.483
5040983 $ 439,656.75 52.38 0.25 0.017 0.233
5041049 $ 262,000.00 69.87 0.25 0.017 0.233
5041068 $ 550,000.00 57.89 0.25 0.017 0.000
5041092 $ 309,372.80 79.99 0.25 0.017 0.233
5041094 $ 498,822.78 52.08 0.25 0.017 0.233
5041103 $ 315,467.52 77.68 0.25 0.017 0.000
5041118 $ 257,086.93 78.03 0.25 0.017 0.108
5041144 $ 313,461.30 80.00 0.25 0.017 0.358
5041159 $ 648,431.31 76.47 0.25 0.017 0.108
5041181 $ 334,632.55 61.05 0.25 0.017 0.000
5041193 $ 390,232.40 80.00 0.25 0.017 0.000
5041214 $ 550,000.00 68.75 0.25 0.017 0.233
5041222 $ 286,816.99 70.00 0.25 0.017 1.233
5041248 $ 263,799.11 80.00 0.25 0.017 0.358
5041346 $ 299,275.99 80.00 0.25 0.017 0.108
5041357 $ 249,819.05 69.44 0.25 0.017 0.608
5041371 $ 286,271.02 77.65 0.25 0.017 0.108
5041387 $ 277,370.82 80.00 0.25 0.017 0.000
5041393 $ 746,431.59 64.12 0.25 0.017 0.358
5041394 $ 269,778.68 72.97 0.25 0.017 0.000
5041416 $ 362,079.87 75.63 0.25 0.017 0.000
5041443 $ 272,649.74 80.00 0.25 0.017 0.000
5041444 $ 277,755.32 34.05 0.25 0.017 0.000
5041463 $ 274,893.95 70.95 0.25 0.017 0.000
5041474 $ 327,386.56 90.00 11 0.25 0.017 0.000
5041482 $ 339,298.28 47.36 0.25 0.017 0.000
5041486 $ 278,276.51 80.00 0.25 0.017 0.000
5041492 $ 451,292.66 80.00 0.25 0.017 0.233
5041511 $ 398,644.20 58.57 0.25 0.017 0.000
5041523 $ 367,438.26 75.88 0.25 0.017 0.358
5041533 $ 299,031.79 74.63 0.25 0.017 0.108
5041539 $ 302,287.86 70.00 0.25 0.017 0.358
5041541 $ 918,560.30 54.12 0.25 0.017 0.233
5041556 $ 215,678.40 80.00 0.25 0.017 0.483
5041562 $ 348,207.61 69.17 0.25 0.017 0.000
5041568 $ 402,119.75 75.00 0.25 0.017 0.233
5041569 $ 501,653.26 75.00 0.25 0.017 0.000
5041572 $ 115,019.72 79.72 0.25 0.017 0.233
5041574 $ 603,214.08 74.85 0.25 0.017 0.000
5041582 $ 884,045.33 70.00 0.25 0.017 0.108
5041584 $ 471,493.06 70.00 0.25 0.017 0.733
5041592 $ 85,868.73 80.00 0.25 0.017 0.358
5041609 $ 391,006.32 80.00 0.25 0.017 0.000
5041613 $ 405,410.44 70.00 0.25 0.017 0.608
5041615 $ 314,748.09 70.00 0.25 0.017 0.108
5041617 $ 289,170.20 79.45 0.25 0.017 0.000
5041632 $ 267,944.38 80.00 0.25 0.017 0.000
5041640 $ 355,483.04 80.00 0.25 0.017 0.608
5041646 $ 374,333.66 67.51 0.25 0.017 0.483
5041647 $ 312,000.00 80.00 0.25 0.017 0.483
5041657 $ 477,755.79 77.89 0.25 0.017 0.000
5041662 $ 259,811.81 72.22 0.25 0.017 0.608
5041665 $ 259,083.74 75.00 0.25 0.017 0.108
5041669 $ 294,726.46 80.00 0.25 0.017 0.108
5041674 $ 385,842.49 80.00 0.25 0.017 0.233
5041676 $ 260,371.21 80.00 0.25 0.017 0.000
5041680 $ 110,239.69 80.00 0.25 0.017 0.608
5041688 $ 575,029.41 80.00 0.25 0.017 0.000
5041693 $ 648,957.31 80.00 0.25 0.017 0.108
5041695 $ 434,399.31 79.09 0.25 0.017 0.858
5041704 $ 219,680.52 80.00 0.25 0.017 0.608
5041706 $ 349,452.28 66.67 0.25 0.017 0.233
5041713 $ 398,400.00 80.00 0.25 0.017 0.000
5041728 $ 119,816.82 62.18 0.25 0.017 0.358
5041763 $ 86,570.76 70.00 0.25 0.017 0.483
5041764 $ 254,257.41 90.00 01 0.25 0.017 0.000
5041767 $ 244,635.20 66.22 0.25 0.017 0.483
5041854 $ 219,852.38 36.24 0.25 0.017 0.983
5041916 $ 290,000.00 57.83 0.25 0.017 0.000
5041922 $ 306,719.25 80.00 0.25 0.017 0.233
5041939 $ 287,251.90 80.00 0.25 0.017 0.000
5041942 $ 450,000.00 60.00 0.25 0.017 0.483
5041944 $ 646,676.23 72.63 0.25 0.017 0.000
5041945 $ 269,599.61 95.00 12 0.25 0.017 0.000
5041947 $ 323,178.72 84.82 06 0.25 0.017 0.000
5041950 $ 300,971.90 57.47 0.25 0.017 0.108
5041964 $ 286,834.70 80.00 0.25 0.017 0.108
5041965 $ 292,006.85 63.56 0.25 0.017 0.000
5041976 $ 289,646.52 80.00 0.25 0.017 0.000
5041986 $ 348,210.24 74.47 0.25 0.017 0.000
5041994 $ 318,967.25 63.37 0.25 0.017 0.108
5041998 $ 258,677.07 74.29 0.25 0.017 0.233
5042001 $ 428,000.00 80.00 0.25 0.017 0.358
5042007 $ 349,155.33 51.70 0.25 0.017 0.108
5042012 $ 362,853.82 70.00 0.25 0.017 0.233
5042077 $ 266,088.96 79.94 0.25 0.017 0.233
5042183 $ 260,800.00 80.00 0.25 0.017 0.000
5042203 $ 400,000.00 80.00 0.25 0.017 0.733
5042218 $ 974,378.28 65.00 0.25 0.017 1.233
5042222 $ 255,850.26 94.98 01 0.25 0.017 0.233
5042224 $ 279,097.85 94.98 33 0.25 0.017 0.608
5042277 $ 332,000.00 80.00 0.25 0.017 0.858
5042357 $ 149,776.66 75.00 0.25 0.017 0.483
5042363 $ 123,815.36 80.00 0.25 0.017 0.483
5042377 $ 303,524.26 80.00 0.25 0.017 0.233
5042388 $ 243,627.53 67.78 0.25 0.017 0.358
5042397 $ 153,770.71 78.77 0.25 0.017 0.483
5042408 $ 69,890.47 70.00 0.25 0.017 0.233
5042413 $ 247,630.75 80.00 0.25 0.017 0.483
5042433 $ 230,579.54 69.78 0.25 0.017 0.108
5042434 $ 296,749.52 90.00 24 0.25 0.017 0.358
5042439 $ 107,822.42 68.79 0.25 0.017 0.000
5042441 $ 266,731.95 79.99 0.25 0.017 0.233
5042443 $ 401,370.91 36.55 0.25 0.017 0.233
5042448 $ 258,553.10 75.00 0.25 0.017 0.358
5042455 $ 69,893.15 45.16 0.25 0.017 0.358
5042456 $ 319,486.68 80.00 0.25 0.017 0.108
5042462 $ 507,185.09 80.00 0.25 0.017 0.108
5042463 $ 297,000.00 90.00 01 0.25 0.017 0.000
5042468 $ 499,236.74 25.64 0.25 0.017 0.358
5042471 $ 283,577.14 80.00 0.25 0.017 0.483
5042474 $ 148,384.00 79.04 0.25 0.017 0.608
5042484 $ 302,537.46 79.74 0.25 0.017 0.358
5042489 $ 246,583.81 36.87 0.25 0.017 0.000
5042503 $ 279,572.56 46.67 0.25 0.017 0.358
5042524 $ 435,334.45 80.00 0.25 0.017 0.358
5042527 $ 158,738.58 66.25 0.25 0.017 0.000
5042529 $ 52,415.79 54.12 0.25 0.017 0.108
5042531 $ 319,499.23 68.82 0.25 0.017 0.233
5042532 $ 59,910.66 39.22 0.25 0.017 0.483
5042539 $ 336,997.49 75.00 0.25 0.017 0.483
5042542 $ 199,671.16 80.00 0.25 0.017 0.000
5042545 $ 77,781.09 95.00 01 0.25 0.017 0.358
5042554 $ 287,816.27 72.13 0.25 0.017 0.483
5042559 $ 123,810.71 80.00 0.25 0.017 0.358
5042561 $ 148,778.15 59.60 0.25 0.017 0.483
5042587 $ 174,719.28 70.00 0.25 0.017 0.108
5042602 $ 156,977.18 79.99 0.25 0.017 0.733
5042605 $ 83,874.93 70.00 0.25 0.017 0.483
5042606 $ 292,563.74 67.36 0.25 0.017 0.483
5042614 $ 150,980.44 80.00 0.25 0.017 0.608
5042673 $ 286,764.75 58.93 0.25 0.017 0.000
5042686 $ 500,000.00 77.52 0.25 0.017 0.483
5042772 $ 296,000.00 80.00 0.25 0.017 0.108
5042794 $ 300,000.00 44.98 0.25 0.017 0.358
5042799 $ 332,000.00 80.00 0.25 0.017 0.000
5042907 $ 613,478.79 64.74 0.25 0.017 0.000
5042919 $ 255,500.00 64.68 0.25 0.017 0.358
5042987 $ 414,676.25 78.30 0.25 0.017 0.233
5042989 $ 268,000.00 89.93 01 0.25 0.017 1.608
5042997 $ 295,241.47 95.00 17 0.25 0.017 0.733
5043036 $ 269,106.95 73.97 0.25 0.017 0.000
5043081 $ 389,126.25 79.75 0.25 0.017 0.483
5043108 $ 384,070.86 61.90 0.25 0.017 0.108
5043157 $ 289,017.07 59.01 0.25 0.017 0.000
5043226 $ 97,400.00 74.98 0.25 0.017 0.858
5043275 $ 328,807.33 73.01 0.25 0.017 0.000
5043288 $ 447,042.41 80.00 0.25 0.017 0.000
5043318 $ 127,827.66 80.00 0.25 0.017 0.983
5043325 $ 333,286.94 77.91 0.25 0.017 0.000
5043342 $ 212,682.85 69.38 0.25 0.017 0.483
5043356 $ 249,212.78 79.37 0.25 0.017 0.233
5043357 $ 133,296.19 75.00 0.25 0.017 0.358
5043359 $ 376,892.21 75.57 0.25 0.017 0.000
5043362 $ 574,637.70 79.37 0.25 0.017 0.608
5043380 $ 271,614.82 80.00 0.25 0.017 0.733
5043388 $ 251,706.79 77.97 0.25 0.017 0.608
5043389 $ 237,527.57 71.45 0.25 0.017 0.483
5043401 $ 123,810.71 80.00 0.25 0.017 0.358
5043414 $ 286,729.27 80.00 0.25 0.017 0.608
5043430 $ 287,942.27 94.99 12 0.25 0.017 0.733
5043452 $ 348,692.94 60.87 0.25 0.017 0.000
5043459 $ 261,901.15 82.28 06 0.25 0.017 0.000
5043474 $ 196,077.10 80.00 0.25 0.017 0.000
5043475 $ 500,000.00 51.81 0.25 0.017 0.000
5043487 $ 291,766.49 80.00 0.25 0.017 0.108
5043491 $ 299,496.15 89.96 13 0.25 0.017 0.483
5043499 $ 311,523.72 80.00 0.25 0.017 0.358
5043501 $ 295,285.65 80.00 0.25 0.017 0.108
5043506 $ 386,712.79 90.00 11 0.25 0.017 0.483
5043530 $ 469,516.90 64.52 0.25 0.017 0.233
5043533 $ 294,396.46 77.76 0.25 0.017 0.000
5043538 $ 292,825.08 75.64 0.25 0.017 0.108
5043539 $ 291,978.50 65.11 0.25 0.017 0.858
5043554 $ 277,762.05 89.32 13 0.25 0.017 0.358
5043555 $ 255,324.19 74.49 0.25 0.017 0.000
5043563 $ 259,356.90 59.77 0.25 0.017 0.000
5043571 $ 357,307.87 79.81 0.25 0.017 0.233
5043587 $ 434,600.00 79.99 0.25 0.017 0.108
5043595 $ 309,720.50 80.00 0.25 0.017 0.000
5043600 $ 446,518.19 80.00 0.25 0.017 0.000
5043618 $ 264,079.62 63.55 0.25 0.017 0.000
5043641 $ 290,789.18 75.84 0.25 0.017 0.000
5043937 $ 340,000.00 80.00 0.25 0.017 0.000
5043954 $ 311,200.00 80.00 0.25 0.017 0.858
5043965 $ 411,603.33 80.00 0.25 0.017 0.000
5044150 $ 315,787.97 80.00 0.25 0.017 0.983
5044217 $ 425,000.00 69.67 0.25 0.017 0.483
5044220 $ 379,294.21 80.00 0.25 0.017 0.000
5044224 $ 391,000.00 79.80 0.25 0.017 0.233
5044242 $ 324,234.78 79.27 0.25 0.017 0.233
5044248 $ 316,100.00 56.45 0.25 0.017 0.000
5044285 $ 100,000.00 66.67 0.25 0.017 0.983
5044290 $ 278,400.00 88.99 17 0.25 0.017 0.858
5044327 $ 299,153.91 90.00 12 0.25 0.017 0.483
5044341 $ 299,506.75 63.97 0.25 0.017 0.000
5044361 $ 307,753.70 80.00 0.25 0.017 0.108
5044363 $ 385,000.00 49.36 0.25 0.017 0.483
5044364 $ 164,255.07 67.70 0.25 0.017 0.483
5044373 $ 159,375.58 75.24 0.25 0.017 0.233
5044377 $ 559,145.14 70.00 0.25 0.017 0.358
5044395 $ 331,603.90 79.93 0.25 0.017 0.000
5044398 $ 199,625.51 64.52 0.25 0.017 0.483
5044405 $ 160,760.27 76.30 0.25 0.017 0.483
5044406 $ 153,371.31 80.00 0.25 0.017 0.483
5044407 $ 60,158.01 68.08 0.25 0.017 0.358
5044434 $ 254,400.00 80.00 0.25 0.017 0.483
5044439 $ 358,127.29 80.00 0.25 0.017 0.358
5044475 $ 269,400.32 72.97 0.25 0.017 0.358
5044488 $ 327,123.15 80.00 0.25 0.017 0.358
5044504 $ 319,499.25 51.61 0.25 0.017 0.233
5044529 $ 290,000.00 63.04 0.25 0.017 0.858
5044574 $ 303,160.00 80.00 0.25 0.017 0.483
5044612 $ 331,000.00 79.98 0.25 0.017 0.483
5044688 $ 551,330.15 80.00 0.25 0.017 0.358
5044750 $ 269,789.37 75.00 0.25 0.017 0.233
5045049 $ 263,200.00 80.00 0.25 0.017 0.233
5045090 $ 308,000.00 70.00 0.25 0.017 0.483
5045237 $ 266,000.00 95.00 33 0.25 0.017 0.233
5045291 $ 68,500.00 65.24 0.25 0.017 0.233
5045439 1,000,000.00 $ 64.94 0.25 0.017 0.733
5045444 $ 320,000.00 43.84 0.25 0.017 0.000
5045648 $ 336,958.60 90.00 11 0.25 0.017 0.108
5045758 $ 350,000.00 66.79 0.25 0.017 0.000
5045815 $ 270,000.00 73.97 0.25 0.017 0.358
5045884 $ 886,910.23 55.17 0.25 0.017 0.608
5045944 $ 340,871.12 90.00 33 0.25 0.017 0.983
5045966 $ 283,783.90 80.00 0.25 0.017 0.358
5045975 $ 599,037.53 80.00 0.25 0.017 0.108
5045996 $ 282,000.00 86.77 11 0.25 0.017 0.233
5045998 $ 228,207.53 20.82 0.25 0.017 0.000
5046021 $ 327,492.77 80.00 0.25 0.017 0.358
5046033 $ 289,523.19 79.45 0.25 0.017 0.000
5046055 $ 239,812.78 78.69 0.25 0.017 0.233
5046076 $ 424,367.21 69.90 0.25 0.017 0.483
5046088 $ 285,042.02 76.75 0.25 0.017 0.108
5046098 $ 562,518.34 75.12 0.25 0.017 0.233
5046138 $ 379,359.68 80.00 0.25 0.017 0.000
5046155 $ 319,750.38 80.00 0.25 0.017 0.233
5046161 $ 297,997.02 86.52 12 0.25 0.017 0.000
5046168 $ 429,106.17 68.80 0.25 0.017 0.108
5046176 $ 234,780.91 80.00 0.25 0.017 0.483
5046199 $ 329,136.58 86.68 12 0.25 0.017 0.108
5046207 $ 703,149.16 58.71 0.25 0.017 0.000
5046214 $ 439,125.01 77.19 0.25 0.017 0.483
5046224 $ 277,554.06 79.43 0.25 0.017 0.108
5046226 $ 251,798.48 78.75 0.25 0.017 0.108
5046235 $ 241,678.94 64.73 0.25 0.017 0.608
5046237 $ 319,414.07 78.84 0.25 0.017 0.000
5046239 $ 288,774.55 73.16 0.25 0.017 0.233
5046249 $ 308,888.56 63.73 0.25 0.017 0.000
5046257 $ 293,551.22 78.82 0.25 0.017 0.358
5046261 $ 299,530.53 73.17 0.25 0.017 0.233
5046326 $ 260,000.00 79.74 0.25 0.017 0.000
5046480 $ 333,750.00 51.74 0.25 0.017 1.483
5046492 $ 181,729.02 74.29 0.25 0.017 0.483
5046499 $ 263,600.00 80.00 0.25 0.017 0.000
5046503 $ 99,851.10 28.57 0.25 0.017 0.483
5046523 $ 364,000.00 69.33 0.25 0.017 0.233
5046600 $ 303,000.00 61.84 0.25 0.017 1.858
5046675 $ 367,705.71 80.00 0.25 0.017 0.108
5046681 $ 251,250.00 75.00 0.25 0.017 0.608
5046690 $ 396,174.99 86.20 33 0.25 0.017 0.000
5046712 $ 402,877.56 83.13 33 0.25 0.017 0.108
5046756 $ 282,805.24 89.84 17 0.25 0.017 0.858
5046794 $ 274,815.47 67.90 0.25 0.017 0.983
5046807 $ 259,612.87 89.66 33 0.25 0.017 0.483
5046897 $ 386,923.04 69.82 0.25 0.017 0.483
5046929 $ 179,695.18 78.24 0.25 0.017 0.733
5047055 $ 320,000.00 80.00 0.25 0.017 0.608
5047215 $ 279,900.00 79.97 0.25 0.017 1.608
5047342 $ 255,245.71 95.00 33 0.25 0.017 0.108
5047353 $ 329,729.50 65.74 0.25 0.017 0.000
5047354 $ 360,000.00 80.00 0.25 0.017 0.233
5047364 $ 278,792.94 79.71 0.25 0.017 0.483
5047368 $ 468,615.56 79.49 0.25 0.017 0.000
5047375 $ 314,741.79 64.95 0.25 0.017 0.000
5047381 $ 549,549.17 61.11 0.25 0.017 0.000
5047387 $ 299,494.48 79.37 0.25 0.017 0.000
5047403 $ 254,805.96 79.69 0.25 0.017 0.358
5047421 $ 599,508.18 72.73 0.25 0.017 0.000
5047423 $ 335,231.70 67.10 0.25 0.017 0.108
5047433 $ 471,573.30 80.00 0.25 0.017 0.000
5047435 $ 444,635.23 74.17 0.25 0.017 0.000
5047438 $ 364,700.81 74.49 0.25 0.017 0.000
5047445 $ 359,436.63 80.00 0.25 0.017 0.233
5047450 $ 319,744.10 80.00 0.25 0.017 0.108
5047456 $ 277,338.81 70.27 0.25 0.017 0.358
5047461 $ 256,000.00 66.49 0.25 0.017 0.000
5047464 $ 624,487.69 32.89 0.25 0.017 0.000
5047466 $ 265,182.45 58.98 0.25 0.017 0.000
5047479 $ 454,645.05 68.42 0.25 0.017 0.233
5047481 $ 250,618.48 95.00 01 0.25 0.017 0.608
5047483 $ 359,704.91 79.12 0.25 0.017 0.000
5047484 $ 355,708.19 80.00 0.25 0.017 0.000
5047491 $ 353,217.31 70.70 0.25 0.017 0.108
5047492 $ 263,799.11 80.00 0.25 0.017 0.358
5047504 $ 399,663.95 76.19 0.25 0.017 0.000
5047509 $ 315,747.29 73.15 0.25 0.017 0.108
5047525 $ 279,776.08 80.00 0.25 0.017 0.108
5047534 $ 267,180.81 72.27 0.25 0.017 0.000
5047538 $ 366,699.16 67.96 0.25 0.017 0.000
5047539 $ 349,683.60 50.00 0.25 0.017 0.000
5047551 $ 294,275.91 78.53 0.25 0.017 0.358
5047564 $ 425,150.40 74.82 0.25 0.017 0.000
5047576 $ 335,000.00 62.62 0.25 0.017 0.483
5047596 $ 319,737.70 79.01 0.25 0.017 0.000
5047610 $ 319,138.19 84.05 33 0.25 0.017 0.000
5047622 $ 319,238.10 77.93 0.25 0.017 0.000
5047627 $ 309,745.89 44.29 0.25 0.017 0.000
5047643 $ 299,765.97 50.00 0.25 0.017 0.233
5047647 $ 294,400.00 80.00 0.25 0.017 0.233
5047648 $ 431,654.53 57.60 0.25 0.017 0.108
5047658 $ 319,737.70 50.31 0.25 0.017 0.000
5047661 $ 424,651.63 85.00 33 0.25 0.017 0.000
5047665 $ 249,795.08 84.75 33 0.25 0.017 0.000
5047678 $ 374,692.61 61.48 0.25 0.017 0.000
5047682 $ 339,721.31 69.39 0.25 0.017 0.000
5047683 $ 337,722.94 73.48 0.25 0.017 0.000
5047687 $ 439,639.33 67.18 0.25 0.017 0.000
5047697 $ 478,607.37 73.69 0.25 0.017 0.000
5047706 $ 449,631.13 31.03 0.25 0.017 0.000
5047718 $ 289,768.09 65.17 0.25 0.017 0.108
5047741 $ 356,207.77 77.50 0.25 0.017 0.000
5047746 $ 324,752.70 87.25 33 0.25 0.017 0.358
5047752 $ 329,729.50 73.33 0.25 0.017 0.000
5047759 $ 473,948.00 70.27 0.25 0.017 0.483
5047762 $ 279,770.48 37.84 0.25 0.017 0.000
5047767 $ 281,774.49 80.00 0.25 0.017 0.108
5047770 $ 259,786.88 88.14 33 0.25 0.017 0.000
5047776 $ 269,000.00 89.98 11 0.25 0.017 0.358
5047778 $ 292,782.55 69.76 0.25 0.017 0.483
5047788 $ 268,884.80 90.00 06 0.25 0.017 0.108
5047789 $ 365,699.99 79.57 0.25 0.017 0.000
5047791 $ 264,588.24 80.00 0.25 0.017 0.108
5047794 $ 319,724.48 80.00 0.25 0.017 0.000
5047798 $ 323,738.08 77.14 0.25 0.017 0.108
5047799 $ 275,279.68 76.53 0.25 0.017 0.108
5047808 $ 319,750.37 80.00 0.25 0.017 0.233
5047813 $ 573,129.82 63.73 0.25 0.017 0.000
5047821 $ 399,672.12 53.33 0.25 0.017 0.000
5047825 $ 349,440.19 75.27 0.25 0.017 0.358
5047839 $ 311,744.25 80.00 0.25 0.017 0.000
5047843 $ 256,189.83 77.70 0.25 0.017 0.000
5047848 $ 299,760.09 60.00 0.25 0.017 0.108
5047851 $ 295,780.32 74.00 0.25 0.017 0.483
5047854 $ 332,433.94 58.88 0.25 0.017 0.108
5047861 $ 409,663.92 58.57 0.25 0.017 0.000
5047864 $ 324,706.19 77.38 0.25 0.017 0.000
5047869 $ 291,200.42 62.69 0.25 0.017 0.000
5047871 $ 367,198.76 73.50 0.25 0.017 0.000
5047882 $ 317,339.66 80.00 0.25 0.017 0.000
5047884 $ 484,102.85 85.00 33 0.25 0.017 0.000
5047887 $ 299,760.09 76.73 0.25 0.017 0.108
5047897 $ 401,653.88 61.85 0.25 0.017 0.000
5047903 $ 349,726.96 41.18 0.25 0.017 0.233
5047904 $ 316,259.17 67.34 0.25 0.017 0.358
5047906 $ 279,276.48 71.67 0.25 0.017 0.108
5047910 $ 345,716.38 60.17 0.25 0.017 0.000
5047923 $ 334,732.10 74.44 0.25 0.017 0.108
5047925 $ 315,365.77 45.09 0.25 0.017 0.483
5047927 $ 476,579.15 76.32 0.25 0.017 0.000
5047931 $ 559,540.97 80.00 0.25 0.017 0.000
5047940 $ 298,828.65 95.00 33 0.25 0.017 0.108
5047941 $ 299,754.09 39.47 0.25 0.017 0.000
5047946 $ 325,000.00 74.71 0.25 0.017 0.733
5047950 $ 325,333.10 77.16 0.25 0.017 0.000
5047952 $ 325,705.28 74.09 0.25 0.017 0.000
5047962 $ 259,797.17 79.03 0.25 0.017 0.233
5047965 $ 329,736.10 63.46 0.25 0.017 0.108
5047969 $ 403,485.00 76.91 0.25 0.017 0.233
5047995 $ 511,610.41 80.00 0.25 0.017 0.358
5048343 $ 329,736.10 78.57 0.25 0.017 0.108
5048347 $ 350,000.00 79.55 0.25 0.017 1.483
5048383 $ 300,000.00 74.07 0.25 0.017 0.858
5048388 $ 299,788.26 61.86 0.25 0.017 0.733
5048392 $ 299,530.53 68.97 0.25 0.017 0.233
5048521 $ 259,792.08 80.00 0.25 0.017 0.108
5048525 $ 260,000.00 60.75 0.25 0.017 0.358
5048537 $ 260,786.06 69.60 0.25 0.017 0.000
5048546 $ 263,788.88 80.00 0.25 0.017 0.108
5048560 $ 259,797.17 74.29 0.25 0.017 0.233
5048565 $ 265,781.96 55.42 0.25 0.017 0.000
5048584 $ 574,528.68 30.10 0.25 0.017 0.000
5048596 $ 447,632.77 77.78 0.25 0.017 0.000
5048619 $ 316,246.90 76.27 0.25 0.017 0.108
5048621 $ 516,786.40 79.94 0.25 0.017 0.108
5048663 $ 365,093.02 90.00 06 0.25 0.017 0.000
5048800 $ 264,100.00 95.00 17 0.25 0.017 0.608
5048879 $ 356,371.77 70.00 0.25 0.017 0.233
5048882 $ 276,000.00 77.53 0.25 0.017 0.483
5048960 $ 258,300.00 80.00 0.25 0.017 0.358
5048969 $ 329,772.90 52.38 0.25 0.017 0.858
5048972 $ 465,000.00 68.38 0.25 0.017 0.233
5049021 $ 304,800.00 80.00 0.25 0.017 0.000
5049087 $ 955,000.00 53.06 0.25 0.017 1.358
5049102 $ 337,749.15 78.60 0.25 0.017 0.483
5049118 $ 406,000.00 75.32 0.25 0.017 0.483
5049136 $ 349,720.11 64.81 0.25 0.017 0.108
5049149 $ 317,745.70 69.89 0.25 0.017 0.108
5049193 $ 264,000.00 80.00 0.25 0.017 1.108
5049214 $ 312,636.80 84.56 11 0.25 0.017 0.483
5049402 $ 474,463.75 70.00 0.25 0.017 0.108
5049732 $ 363,444.34 63.86 0.25 0.017 0.358
5049745 $ 481,805.30 71.56 0.25 0.017 0.000
5049791 $ 294,000.00 70.00 0.25 0.017 0.000
5049859 $ 281,200.00 80.00 0.25 0.017 0.358
5049892 $ 374,413.16 53.96 0.25 0.017 0.233
5049916 $ 367,213.31 69.34 0.25 0.017 0.233
5049918 $ 543,205.38 55.81 0.25 0.017 0.000
5049951 $ 354,729.87 40.57 0.25 0.017 0.358
5050093 $ 230,000.00 71.88 0.25 0.017 0.608
5050132 $ 354,350.00 79.99 0.25 0.017 0.358
5050189 $ 314,507.05 87.68 13 0.25 0.017 0.233
5050198 $ 245,615.04 49.20 0.25 0.017 0.233
5050213 $ 614,520.25 63.08 0.25 0.017 0.233
5050287 $ 415,000.00 79.88 0.25 0.017 0.733
5050362 $ 272,000.00 80.00 0.25 0.017 0.733
5050397 $ 340,000.00 68.76 0.25 0.017 0.233
5050437 $ 385,000.00 72.64 0.25 0.017 1.733
5050442 $ 273,750.00 73.00 0.25 0.017 1.483
5050542 $ 262,014.94 95.00 17 0.25 0.017 0.733
5050660 $ 315,727.93 80.00 0.25 0.017 0.000
5051185 $ 260,780.74 90.00 13 0.25 0.017 0.000
5051192 $ 343,511.17 90.00 13 0.25 0.017 0.000
5051205 $ 324,533.77 80.00 0.25 0.017 0.000
5051216 $ 324,740.10 73.03 0.25 0.017 0.108
5051223 $ 293,764.90 80.00 0.25 0.017 0.108
5051254 $ 323,727.80 69.98 0.25 0.017 0.000
5051395 $ 340,000.00 62.96 0.25 0.017 0.233
5051563 $ 293,247.30 79.86 0.25 0.017 0.000
5051574 $ 321,819.98 80.00 0.25 0.017 0.358
5051587 $ 314,754.27 79.99 0.25 0.017 0.233
5051634 $ 346,500.00 90.00 17 0.25 0.017 0.858
5052006 $ 334,900.00 85.00 17 0.25 0.017 0.108
5052078 $ 467,652.68 80.00 0.25 0.017 0.483
5052090 $ 282,989.82 80.00 0.25 0.017 0.483
5052282 $ 300,000.00 17.65 0.25 0.017 0.358
5052383 $ 287,100.00 79.99 0.25 0.017 0.858
5052525 $ 337,400.00 70.00 0.25 0.017 0.483
5052613 $ 407,500.00 78.37 0.25 0.017 0.858
5052710 $ 376,690.98 69.81 0.25 0.017 0.000
5052717 $ 452,356.46 80.00 0.25 0.017 0.000
5052951 $ 395,598.73 90.00 13 0.25 0.017 0.608
5053183 $ 392,000.00 80.00 0.25 0.017 0.733
5053282 $ 397,000.00 79.88 0.25 0.017 1.608
5053287 $ 324,000.00 47.65 0.25 0.017 1.858
5053322 $ 286,950.00 80.00 0.25 0.017 0.733
5053345 $ 800,000.00 51.61 0.25 0.017 1.108
5053403 $ 324,000.00 80.00 0.25 0.017 0.358
5053449 $ 330,000.00 47.21 0.25 0.017 0.233
5053509 $ 299,542.04 74.14 0.25 0.017 0.358
5053747 $ 368,629.29 90.00 01 0.25 0.017 0.358
5053863 $ 316,500.00 75.00 0.25 0.017 0.608
5054181 $ 305,761.29 90.00 17 0.25 0.017 0.233
5054221 $ 465,500.00 75.08 0.25 0.017 1.608
5054391 $ 296,000.00 80.00 0.25 0.017 1.358
5054673 $ 289,768.10 36.25 0.25 0.017 0.108
5054742 $ 292,282.92 90.00 33 0.25 0.017 0.483
5054767 $ 265,292.88 90.00 06 0.25 0.017 0.233
5054912 $ 525,000.00 73.84 0.25 0.017 1.233
5054988 $ 262,290.09 76.09 0.25 0.017 0.108
5055028 $ 533,600.00 80.00 0.25 0.017 1.608
5055222 $ 487,155.93 75.00 0.25 0.017 0.733
5055381 $ 293,950.00 79.88 0.25 0.017 0.108
5055478 $ 490,783.07 48.96 0.25 0.017 0.000
5055756 $ 450,000.00 68.29 0.25 0.017 1.358
5055865 $ 335,000.00 69.07 0.25 0.017 0.483
5055889 $ 263,818.31 80.00 0.25 0.017 0.858
5055918 $ 355,208.60 90.00 06 0.25 0.017 0.000
5056065 $ 388,000.00 80.00 0.25 0.017 0.608
5056375 $ 480,000.00 80.00 0.25 0.017 0.358
5056398 $ 372,000.00 80.00 0.25 0.017 0.733
5056538 $ 355,900.00 80.00 0.25 0.017 0.608
5056550 $ 331,200.00 89.51 11 0.25 0.017 0.733
5056691 $ 219,840.77 68.75 0.25 0.017 0.608
5056763 $ 341,900.00 77.70 0.25 0.017 0.358
5057025 $ 300,000.00 68.49 0.25 0.017 0.733
5057216 $ 360,000.00 69.63 0.25 0.017 1.858
5057270 $ 136,500.00 70.00 0.25 0.017 0.858
5057430 $ 268,258.22 79.97 0.25 0.017 0.000
5057533 $ 319,473.87 71.11 0.25 0.017 0.000
5057546 $ 301,970.98 76.58 0.25 0.017 0.733
5057565 $ 352,175.02 90.00 06 0.25 0.017 0.000
5057586 $ 381,553.68 76.50 0.25 0.017 0.000
5057606 $ 288,112.84 78.38 0.25 0.017 0.233
5057646 $ 349,365.47 64.40 0.25 0.017 0.000
5057685 $ 296,296.28 79.33 0.25 0.017 0.108
5057743 $ 262,046.70 76.64 0.25 0.017 0.000
5057770 $ 458,833.96 60.53 0.25 0.017 0.000
5057947 $ 460,000.00 70.77 0.25 0.017 0.983
5058174 $ 329,183.76 64.08 0.25 0.017 0.000
5058184 $ 259,551.03 74.29 0.25 0.017 0.000
5058225 $ 421,405.46 80.00 0.25 0.017 0.233
5058234 $ 284,531.40 75.00 0.25 0.017 0.000
5058338 $ 327,635.96 74.32 0.25 0.017 0.358
5058343 $ 642,311.50 58.64 0.25 0.017 0.000
5058346 $ 400,000.00 80.00 0.25 0.017 0.000
5058355 $ 299,481.95 75.19 0.25 0.017 0.000
5058373 $ 336,945.09 75.00 0.25 0.017 0.000
5058389 $ 321,856.74 80.00 0.25 0.017 0.000
5058390 $ 648,982.80 78.00 0.25 0.017 0.233
5058430 $ 400,000.00 74.07 0.25 0.017 0.000
5058434 $ 356,448.77 79.42 0.25 0.017 0.000
5058520 $ 591,050.35 80.00 0.25 0.017 0.108
5058529 $ 387,346.19 80.00 0.25 0.017 0.000
5058533 $ 499,236.74 80.00 0.25 0.017 0.358
5058619 $ 475,979.31 80.00 0.25 0.017 0.000
5058659 $ 284,345.39 77.03 0.25 0.017 0.358
5058668 $ 243,439.58 80.00 0.25 0.017 0.358
5058676 $ 498,636.63 59.88 0.25 0.017 0.000
5058688 $ 462,621.55 79.89 0.25 0.017 0.000
5058691 $ 385,684.46 61.11 0.25 0.017 0.000
5058699 $ 352,512.52 58.43 0.25 0.017 0.000
5058701 $ 648,469.59 68.42 0.25 0.017 0.233
5059250 $ 295,000.00 59.60 0.25 0.017 0.108
5060087 $ 400,000.00 77.67 0.25 0.017 1.733
5060330 $ 86,250.00 75.00 0.25 0.017 1.483
5060691 $ 488,000.00 69.71 0.25 0.017 1.483
5060725 $ 300,000.00 68.18 0.25 0.017 1.608
5061076 $ 439,648.13 30.88 0.25 0.017 0.108
5061190 $ 265,843.55 94.99 13 0.25 0.017 0.358
5063398 $ 262,000.00 80.00 0.25 0.017 0.358
5063626 $ 359,408.09 77.42 0.25 0.017 0.000
5063691 $ 327,460.72 80.00 0.25 0.017 0.000
5063704 $ 334,975.19 80.00 0.25 0.017 0.000
5063771 $ 303,500.17 80.00 0.25 0.017 0.000
5063780 $ 285,130.44 80.00 0.25 0.017 0.000
5063802 $ 286,792.28 87.77 33 0.25 0.017 0.608
5064275 $ 350,000.00 74.00 0.25 0.017 0.358
5064664 $ 454,300.00 70.00 0.25 0.017 1.233
5065318 $ 364,000.00 67.41 0.25 0.017 1.858
5067033 $ 242,000.00 79.95 0.25 0.017 0.000
5067296 $ 316,000.00 80.00 0.25 0.017 1.233
5067995 $ 270,000.00 67.52 0.25 0.017 0.858
5068147 $ 263,755.48 72.53 0.25 0.017 0.000
5069953 $ 378,664.92 54.68 0.25 0.017 0.000
5070064 $ 648,821.58 70.88 0.25 0.017 0.000
5070088 $ 266,831.77 75.28 0.25 0.017 0.233
6481046 $ 373,890.26 80.00 0.25 0.017 0.358
6530772 $ 217,341.47 95.00 33 0.25 0.017 0.858
6536958 $ 315,860.47 77.82 0.25 0.017 0.608
6554812 $ 247,950.52 78.84 0.25 0.017 0.233
6578435 $ 499,291.94 84.04 12 0.25 0.017 0.733
6609023 $ 318,963.11 80.00 0.25 0.017 0.483
6644662 $ 298,550.87 77.35 0.25 0.017 0.733
6648279 $ 457,727.40 70.00 0.25 0.017 0.000
6718657 $ 478,692.03 70.00 0.25 0.017 0.000
6793664 $ 258,702.34 79.36 0.25 0.017 0.233
6798177 $ 400,000.00 57.14 0.25 0.017 0.000
6804231 $ 371,700.00 90.00 06 0.25 0.017 0.608
6809857 $ 998,435.10 68.97 0.25 0.017 0.233
6840405 $ 284,293.05 80.00 0.25 0.017 0.233
6843936 $ 249,814.46 66.23 0.25 0.017 0.483
6852389 $ 645,227.24 65.00 0.25 0.017 0.233
6853285 $ 269,648.24 79.99 0.25 0.017 0.233
6905902 $ 304,914.43 80.00 0.25 0.017 0.483
6910470 $ 327,147.93 80.00 0.25 0.017 0.233
6921376 $ 326,400.00 80.00 0.25 0.017 0.733
6928694 $ 448,000.00 77.24 0.25 0.017 0.483
6929021 $ 640,600.00 69.99 0.25 0.017 0.000
6942614 $ 341,437.70 79.99 0.25 0.017 0.000
6946035 $ 245,000.00 79.29 0.25 0.017 0.608
6950330 $ 499,600.16 36.31 0.25 0.017 0.108
6950357 $ 309,733.10 73.45 0.25 0.017 0.000
6965808 $ 297,166.14 60.98 0.25 0.017 0.358
7023885 $ 344,000.00 68.66 0.25 0.017 0.108
7058916 $ 323,947.09 79.91 0.25 0.017 0.233
7074754 $ 317,758.02 79.97 0.25 0.017 0.358
7078454 $ 305,000.00 57.55 0.25 0.017 0.000
7078666 $ 499,273.92 76.92 0.25 0.017 0.608
7078677 $ 262,650.05 79.28 0.25 0.017 0.000
7090409 $ 328,000.00 80.00 0.25 0.017 0.358
7100286 $ 275,218.00 79.97 0.25 0.017 0.233
7101980 $ 580,745.09 80.00 0.25 0.017 0.108
7104416 $ 295,137.42 80.00 0.25 0.017 0.233
7110198 $ 315,541.14 67.19 0.25 0.017 0.000
7121360 $ 379,034.80 79.98 0.25 0.017 0.483
7125076 $ 849,400.08 68.00 0.25 0.017 0.733
7131370 $ 314,578.72 79.99 0.25 0.017 0.358
7135942 $ 530,000.00 77.94 0.25 0.017 0.483
7136006 $ 749,369.91 69.24 0.25 0.017 0.000
7141909 $ 318,025.52 80.00 0.25 0.017 0.000
7151374 $ 645,548.38 79.75 0.25 0.017 0.483
7165417 $ 315,665.56 89.92 11 0.25 0.017 0.483
7168929 $ 256,314.46 71.38 0.25 0.017 0.000
7169259 $ 299,771.72 51.72 0.25 0.017 0.358
7181212 $ 256,407.20 80.00 0.25 0.017 0.000
7184908 $ 300,519.48 80.00 0.25 0.017 0.108
7195054 $ 343,724.49 85.00 17 0.25 0.017 0.358
7197511 $ 299,293.66 80.00 0.25 0.017 0.233
7209450 $ 284,808.77 95.00 33 0.25 0.017 0.983
7213299 $ 259,368.81 69.33 0.25 0.017 0.108
7221294 $ 568,187.10 69.94 0.25 0.017 0.108
7227540 $ 293,551.21 89.09 17 0.25 0.017 0.358
7230580 $ 441,199.49 79.99 0.25 0.017 0.000
7258047 $ 453,576.20 80.00 0.25 0.017 0.000
7264538 $ 265,762.54 80.00 0.25 0.017 0.000
7267622 $ 522,171.79 64.51 0.25 0.017 0.608
7274814 $ 370,932.90 79.04 0.25 0.017 0.358
7281308 $ 260,633.31 94.98 17 0.25 0.017 0.108
7282675 $ 285,000.00 61.96 0.25 0.017 0.358
7285746 $ 290,513.72 80.00 0.25 0.017 0.000
7286288 $ 532,000.00 69.58 0.25 0.017 0.000
7293497 $ 349,880.40 79.82 0.25 0.017 0.483
7318716 $ 299,935.81 80.00 0.25 0.017 0.000
7321348 $ 277,183.60 73.97 0.25 0.017 0.233
7324774 $ 468,150.00 80.00 0.25 0.017 0.000
7324852 $ 300,610.06 75.00 0.25 0.017 0.358
7331316 $ 300,000.00 58.74 0.25 0.017 0.000
7368282 $ 369,000.00 90.00 33 0.25 0.017 0.733
7376765 $ 271,800.00 89.98 17 0.25 0.017 0.733
7402826 $ 420,000.00 70.00 0.25 0.017 0.483
7410247 $ 600,399.71 80.00 0.25 0.017 0.483
7422050 $ 347,800.29 80.00 0.25 0.017 0.000
7422625 $ 272,231.97 79.28 0.25 0.017 0.358
7423013 $ 327,000.00 79.95 0.25 0.017 0.483
7425693 $ 299,765.97 68.98 0.25 0.017 0.233
7432947 1,465,703.49 $ 68.95 0.25 0.017 0.608
7434481 $ 293,840.53 80.00 0.25 0.017 0.000
7441613 $ 319,717.67 67.56 0.25 0.017 0.000
7454834 $ 322,422.16 90.00 12 0.25 0.017 0.000
7462419 $ 339,581.42 80.00 0.25 0.017 0.000
7482717 $ 454,000.00 69.99 0.25 0.017 0.000
7484901 $ 311,810.93 79.99 0.25 0.017 0.000
7485940 $ 489,655.39 75.45 0.25 0.017 0.358
7487927 $ 295,900.00 79.98 0.25 0.017 0.000
7496142 $ 419,249.74 79.99 0.25 0.017 0.358
7507626 $ 349,740.25 62.28 0.25 0.017 0.483
7509463 $ 329,483.58 77.29 0.25 0.017 0.233
7521171 $ 292,900.00 94.99 17 0.25 0.017 0.733
7523022 $ 274,920.00 80.00 0.25 0.017 0.000
7534491 $ 298,906.35 80.00 0.25 0.017 0.000
7535144 $ 272,492.50 90.00 06 0.25 0.017 0.358
7539382 $ 162,740.00 75.00 0.25 0.017 0.000
7540233 $ 268,605.45 80.00 0.25 0.017 0.608
7540557 $ 269,050.00 79.99 0.25 0.017 0.000
7548240 $ 308,814.16 89.99 33 0.25 0.017 0.000
7550170 $ 317,764.00 67.66 0.25 0.017 0.483
7550740 $ 320,949.43 80.00 0.25 0.017 0.233
7552587 $ 253,384.08 68.00 0.25 0.017 0.233
7552704 $ 285,919.85 80.00 0.25 0.017 0.000
7555538 $ 300,000.00 93.27 06 0.25 0.017 0.483
7556086 $ 399,695.63 88.89 33 0.25 0.017 0.358
7556419 $ 324,758.80 76.47 0.25 0.017 0.483
7559659 $ 284,219.00 80.00 0.25 0.017 0.233
7561912 $ 319,012.27 90.00 01 0.25 0.017 0.358
7564672 $ 278,500.00 66.55 0.25 0.017 0.108
7571326 $ 276,523.15 79.99 0.25 0.017 0.000
7572911 $ 315,609.00 85.00 17 0.25 0.017 0.108
7573473 $ 999,239.08 68.45 0.25 0.017 0.358
7575085 $ 318,149.67 79.99 0.25 0.017 0.000
7581161 $ 285,940.58 80.00 0.25 0.017 0.108
7584520 $ 192,000.00 75.00 0.25 0.017 0.733
7589756 $ 254,650.00 79.99 0.25 0.017 0.108
7591743 $ 343,583.03 80.00 0.25 0.017 0.108
7595816 $ 271,408.34 85.00 06 0.25 0.017 0.000
7595836 $ 70,000.00 25.10 0.25 0.017 0.733
7596366 $ 257,200.00 79.99 0.25 0.017 0.108
7596811 $ 284,893.59 80.00 0.25 0.017 0.000
7597356 $ 304,945.28 89.98 01 0.25 0.017 0.483
7602702 $ 256,409.71 79.08 0.25 0.017 0.358
7605538 $ 285,000.00 77.45 0.25 0.017 0.608
7606118 $ 292,505.00 95.00 01 0.25 0.017 0.983
7606367 $ 724,461.94 59.18 0.25 0.017 0.483
7610156 $ 487,569.45 78.08 0.25 0.017 0.000
7611768 $ 350,608.21 80.00 0.25 0.017 0.000
7611996 $ 349,324.49 78.60 0.25 0.017 0.233
7612509 $ 308,266.83 95.00 11 0.25 0.017 0.233
7613109 $ 277,788.46 90.00 17 0.25 0.017 0.358
7617228 $ 308,192.44 89.99 24 0.25 0.017 0.000
7617980 $ 590,051.96 76.95 0.25 0.017 0.108
7618391 $ 251,808.25 80.00 0.25 0.017 0.358
7619348 $ 299,777.36 75.00 0.25 0.017 0.483
7621049 $ 479,643.77 80.00 0.25 0.017 0.483
7621826 $ 347,985.01 89.99 06 0.25 0.017 0.358
7622510 $ 769,378.59 70.00 0.25 0.017 0.483
7623201 $ 41,487.08 52.25 0.25 0.017 0.733
7623778 $ 400,000.00 77.67 0.25 0.017 0.233
7623939 $ 336,709.85 66.08 0.25 0.017 0.000
7625563 $ 291,363.52 53.88 0.25 0.017 0.000
7625887 $ 290,643.35 79.99 0.25 0.017 0.000
7627248 $ 296,095.47 90.00 13 0.25 0.017 0.233
7627348 $ 257,054.26 75.00 0.25 0.017 0.358
7627923 $ 344,291.03 80.00 0.25 0.017 0.000
7627986 $ 336,100.00 79.50 0.25 0.017 0.358
7630718 $ 997,465.16 41.67 0.25 0.017 0.000
7630745 $ 999,139.02 33.39 0.25 0.017 0.000
7630845 $ 649,505.40 76.47 0.25 0.017 0.358
7631368 $ 322,404.49 58.66 0.25 0.017 0.358
7631606 $ 308,472.00 78.28 0.25 0.017 0.233
7631722 $ 279,506.45 80.00 0.25 0.017 0.000
7631846 $ 275,600.00 80.00 0.25 0.017 0.233
7633493 $ 307,600.00 80.00 0.25 0.017 0.000
7635243 $ 348,243.57 75.00 0.25 0.017 0.608
7635387 $ 385,600.00 80.00 0.25 0.017 0.233
7635797 $ 303,744.61 80.00 0.25 0.017 0.000
7636257 $ 299,481.97 93.42 17 0.25 0.017 0.000
7636702 $ 185,469.01 80.00 0.25 0.017 0.733
7636963 $ 401,145.92 73.00 0.25 0.017 0.000
7638544 $ 273,375.73 90.00 01 0.25 0.017 0.000
7639599 $ 286,364.91 80.00 0.25 0.017 0.000
7639928 $ 255,550.00 95.00 11 0.25 0.017 0.733
7639932 $ 300,000.00 77.92 0.25 0.017 0.000
7639965 $ 309,709.13 79.85 0.25 0.017 0.108
7642087 $ 300,000.00 78.95 0.25 0.017 0.108
7644389 $ 471,174.02 80.00 0.25 0.017 0.000
7644691 $ 66,653.07 75.00 0.25 0.017 0.608
7647018 $ 550,000.00 80.00 0.25 0.017 0.000
7647224 $ 348,000.00 80.00 0.25 0.017 0.358
7647856 $ 257,826.89 88.97 01 0.25 0.017 0.983
7649382 $ 246,802.48 88.90 13 0.25 0.017 0.108
7650129 $ 303,535.94 80.00 0.25 0.017 0.358
7650421 $ 299,025.07 95.00 01 0.25 0.017 0.608
7650775 $ 329,236.51 64.61 0.25 0.017 0.108
7650933 $ 306,394.45 75.00 0.25 0.017 0.233
7650968 $ 405,211.96 70.00 0.25 0.017 0.108
7652324 $ 325,261.67 65.42 0.25 0.017 0.233
7653177 $ 271,776.03 85.00 33 0.25 0.017 0.000
7653207 $ 311,878.00 80.00 0.25 0.017 0.233
7653424 $ 541,987.28 80.00 0.25 0.017 0.358
7653451 $ 367,698.36 80.00 0.25 0.017 0.000
7655453 $ 359,064.91 80.00 0.25 0.017 0.000
7657975 $ 299,530.53 80.00 0.25 0.017 0.233
7658921 $ 288,574.70 80.00 0.25 0.017 0.233
7660133 $ 294,270.26 95.00 13 0.25 0.017 0.233
7660488 $ 273,271.67 70.00 0.25 0.017 0.233
7660825 $ 603,492.57 80.00 0.25 0.017 0.000
7660899 $ 258,188.19 80.00 0.25 0.017 0.000
7660981 $ 291,772.22 80.00 0.25 0.017 0.233
7661631 $ 279,786.94 82.60 01 0.25 0.017 0.358
7661762 $ 432,978.15 70.00 0.25 0.017 0.233
7662821 $ 369,406.48 21.76 0.25 0.017 0.108
7663197 $ 289,545.50 95.00 06 0.25 0.017 0.733
7663285 $ 294,249.68 69.41 0.25 0.017 0.608
7663438 $ 287,752.04 79.80 0.25 0.017 0.000
7663535 $ 526,795.00 80.00 0.25 0.017 0.483
7665296 $ 530,604.31 80.00 0.25 0.017 0.000
7665323 $ 285,000.00 75.00 0.25 0.017 0.483
7665635 $ 632,000.00 80.00 0.25 0.017 0.483
7665895 $ 339,493.76 79.16 0.25 0.017 0.483
7666865 $ 259,000.00 69.44 0.25 0.017 0.000
7667610 $ 997,465.16 62.50 0.25 0.017 0.000
7668047 $ 281,939.98 94.98 17 0.25 0.017 0.608
7668328 $ 271,765.81 80.00 0.25 0.017 0.000
7669156 $ 364,748.81 85.88 06 0.25 0.017 0.858
7669518 $ 275,057.87 95.00 06 0.25 0.017 0.108
7669751 $ 254,620.32 85.00 17 0.25 0.017 0.483
7670346 $ 286,091.13 69.00 0.25 0.017 0.000
7670888 $ 279,770.48 80.00 0.25 0.017 0.000
7672080 $ 267,796.07 80.00 0.25 0.017 0.358
7672125 $ 299,747.96 28.32 0.25 0.017 0.000
7672246 $ 255,080.74 85.00 13 0.25 0.017 0.000
7672977 $ 423,153.04 79.99 0.25 0.017 0.358
7673573 $ 379,446.12 88.89 01 0.25 0.017 0.108
7673688 $ 324,000.00 90.00 06 0.25 0.017 0.358
7674563 $ 99,775.98 38.46 0.25 0.017 0.483
7675356 $ 306,129.67 80.00 0.25 0.017 0.000
7675409 $ 271,584.78 80.00 0.25 0.017 0.358
7676583 $ 385,691.33 80.00 0.25 0.017 0.108
7676668 $ 648,957.33 78.69 0.25 0.017 0.108
7676708 $ 381,014.50 80.00 0.25 0.017 0.358
7677022 $ 267,780.32 80.00 0.25 0.017 0.000
7677227 $ 375,200.00 80.00 0.25 0.017 0.358
7677668 $ 369,391.65 73.85 0.25 0.017 0.000
7678074 $ 264,200.00 80.00 0.25 0.017 0.483
7678256 $ 212,096.38 75.00 0.25 0.017 0.608
7678528 $ 420,000.00 80.00 0.25 0.017 0.233
7679459 $ 89,939.61 45.23 0.25 0.017 0.983
7679490 $ 265,297.98 90.00 01 0.25 0.017 0.358
7679647 $ 263,799.12 80.00 0.25 0.017 0.358
7679685 $ 303,768.68 80.00 0.25 0.017 0.358
7680137 $ 334,648.88 80.00 0.25 0.017 0.000
7680230 $ 287,769.69 80.00 0.25 0.017 0.108
7680553 $ 291,272.61 59.09 0.25 0.017 0.233
7680666 $ 591,050.37 80.00 0.25 0.017 0.108
7681297 $ 300,000.00 80.00 0.25 0.017 0.108
7681464 $ 609,911.87 80.00 0.25 0.017 0.108
7682033 $ 425,000.00 77.98 0.25 0.017 0.233
7682599 $ 257,915.42 90.00 11 0.25 0.017 0.483
7682817 $ 490,000.00 71.01 0.25 0.017 0.233
7682986 $ 695,410.04 70.00 0.25 0.017 0.233
7683264 $ 304,740.00 80.00 0.25 0.017 0.358
7684284 $ 400,000.00 80.00 0.25 0.017 0.483
7684355 $ 340,000.00 59.13 0.25 0.017 0.358
7684681 $ 434,643.43 75.65 0.25 0.017 0.000
7684689 $ 798,116.43 53.33 0.25 0.017 0.233
7684738 $ 297,145.71 80.00 0.25 0.017 0.358
7684966 $ 649,453.92 69.89 0.25 0.017 0.000
7685071 $ 799,375.92 53.58 0.25 0.017 0.233
7685389 $ 466,000.00 80.00 0.25 0.017 0.233
7685594 $ 288,757.21 75.06 0.25 0.017 0.000
7686049 $ 330,935.14 79.90 0.25 0.017 0.108
7686394 $ 286,739.30 80.00 0.25 0.017 0.108
7686537 $ 327,717.60 80.00 0.25 0.017 0.000
7686564 $ 531,595.19 80.00 0.25 0.017 0.358
7686750 $ 427,166.51 90.00 33 0.25 0.017 0.233
7686947 $ 297,213.68 80.00 0.25 0.017 0.358
7687700 $ 272,114.09 90.00 06 0.25 0.017 0.483
7688017 $ 100,245.26 67.00 0.25 0.017 0.000
7688149 $ 439,639.34 80.00 0.25 0.017 0.000
7688381 $ 323,721.04 76.42 0.25 0.017 0.000
7688766 $ 312,300.00 90.00 01 0.25 0.017 0.858
7688949 $ 282,768.02 69.88 0.25 0.017 0.000
7689591 $ 350,726.19 90.00 06 0.25 0.017 0.233
7690106 $ 288,000.00 80.00 0.25 0.017 0.358
7690189 $ 174,593.75 41.22 0.25 0.017 0.483
7690225 $ 294,809.84 80.00 0.25 0.017 0.233
7690255 $ 399,309.28 54.42 0.25 0.017 0.000
7690867 $ 960,000.00 80.00 0.25 0.017 0.483
7691196 $ 349,713.11 66.99 0.25 0.017 0.000
7691333 $ 340,400.00 80.00 0.25 0.017 0.233
7691364 $ 692,583.28 77.50 0.25 0.017 0.000
7691424 $ 248,710.61 94.32 06 0.25 0.017 0.358
7692532 $ 311,036.21 87.01 13 0.25 0.017 0.483
7692649 $ 434,677.17 59.18 0.25 0.017 0.483
7692818 $ 251,936.65 66.35 0.25 0.017 0.000
7692844 $ 449,657.58 75.00 0.25 0.017 0.358
7692906 $ 273,786.26 80.00 0.25 0.017 0.233
7693345 $ 527,522.68 80.00 0.25 0.017 0.000
7693368 $ 334,488.62 62.62 0.25 0.017 0.358
7693519 $ 304,710.60 71.76 0.25 0.017 0.000
7694050 $ 420,000.00 80.00 0.25 0.017 0.358
7694127 $ 339,734.77 77.27 0.25 0.017 0.233
7694424 $ 279,786.94 80.00 0.25 0.017 0.358
7694448 $ 169,765.25 68.00 0.25 0.017 0.858
7694655 $ 191,000.00 42.92 0.25 0.017 0.608
7694824 $ 269,678.64 80.00 0.25 0.017 0.358
7695207 $ 239,633.64 68.59 0.25 0.017 0.358
7696186 $ 278,729.32 80.00 0.25 0.017 0.000
7697004 $ 375,484.80 90.00 06 0.25 0.017 0.733
7697142 $ 307,765.64 72.47 0.25 0.017 0.358
7697463 $ 402,400.00 80.00 0.25 0.017 0.000
7697576 $ 299,466.21 90.00 17 0.25 0.017 0.233
7697698 $ 451,664.55 80.00 0.25 0.017 0.483
7698205 $ 358,609.41 80.00 0.25 0.017 0.000
7698603 $ 287,786.26 90.00 17 0.25 0.017 0.483
7698699 $ 359,010.00 90.00 17 0.25 0.017 0.733
7698993 $ 375,713.89 71.48 0.25 0.017 0.358
7700436 $ 301,252.86 90.00 17 0.25 0.017 0.000
7700489 $ 245,072.50 75.00 0.25 0.017 0.608
7700713 $ 294,270.26 80.00 0.25 0.017 0.233
7700942 $ 464,307.64 56.02 0.25 0.017 0.483
7701091 $ 327,433.61 80.00 0.25 0.017 0.000
7701753 $ 486,500.96 80.00 0.25 0.017 0.358
7702460 $ 256,304.83 95.00 06 0.25 0.017 0.358
7702948 $ 294,781.07 74.68 0.25 0.017 0.483
7703005 $ 347,567.00 80.00 0.25 0.017 0.358
7703282 $ 319,750.37 80.00 0.25 0.017 0.233
7703288 $ 320,000.00 80.00 0.25 0.017 0.233
7703676 $ 261,056.11 95.00 01 0.25 0.017 0.483
7703876 $ 286,170.97 80.00 0.25 0.017 0.108
7704161 $ 346,236.34 90.00 11 0.25 0.017 0.358
7704916 $ 300,000.00 66.23 0.25 0.017 0.108
7705513 $ 317,358.34 80.00 0.25 0.017 0.358
7706029 $ 412,019.21 70.00 0.25 0.017 0.000
7707063 $ 571,343.71 79.85 0.25 0.017 0.000
7707768 $ 442,256.83 80.00 0.25 0.017 0.233
7707808 $ 389,891.00 90.00 33 0.25 0.017 0.608
7709012 $ 305,200.00 70.00 0.25 0.017 0.000
7709121 $ 265,302.97 90.00 33 0.25 0.017 0.483
7709306 $ 317,889.25 80.00 0.25 0.017 0.108
7709392 $ 354,000.00 80.00 0.25 0.017 0.000
7709772 $ 348,591.10 89.99 06 0.25 0.017 0.483
7710055 $ 263,794.05 80.00 0.25 0.017 0.233
7710107 $ 510,794.52 80.00 0.25 0.017 0.233
7710843 $ 149,896.78 73.17 0.25 0.017 0.858
7711069 $ 619,028.61 79.42 0.25 0.017 0.358
7711353 $ 324,000.00 90.00 17 0.25 0.017 0.108
7711429 $ 285,200.00 71.30 0.25 0.017 0.000
7712423 $ 640,661.42 49.40 0.25 0.017 0.000
7712522 $ 280,569.83 80.00 0.25 0.017 0.000
7713116 $ 499,217.55 71.94 0.25 0.017 0.233
7713129 $ 925,240.97 63.86 0.25 0.017 0.000
7713227 $ 503,211.28 80.00 0.25 0.017 0.233
7713382 $ 299,782.87 90.91 01 0.25 0.017 0.608
7713761 $ 398,400.00 80.00 0.25 0.017 0.858
7713916 $ 327,000.07 76.16 0.25 0.017 0.358
7714375 $ 111,750.00 75.00 0.25 0.017 1.358
7714511 $ 283,123.00 95.00 17 0.25 0.017 1.608
7715177 $ 389,105.12 74.94 0.25 0.017 0.358
7715211 $ 419,655.73 80.00 0.25 0.017 0.000
7715460 $ 295,000.00 64.41 0.25 0.017 0.358
7715871 $ 260,000.00 80.00 0.25 0.017 0.233
7716659 $ 480,000.00 80.00 0.25 0.017 0.483
7716875 $ 649,440.36 66.67 0.25 0.017 0.000
7716890 $ 304,743.77 55.45 0.25 0.017 0.000
7717252 $ 334,049.30 79.81 0.25 0.017 0.358
7718064 $ 289,600.00 80.00 0.25 0.017 0.000
7718116 $ 271,584.78 79.53 0.25 0.017 0.358
7718213 $ 459,658.61 80.00 0.25 0.017 0.483
7718359 $ 499,558.86 43.48 0.25 0.017 0.000
7718405 $ 333,226.64 64.95 0.25 0.017 0.000
7718416 $ 334,475.76 69.07 0.25 0.017 0.233
7719013 $ 312,743.43 64.54 0.25 0.017 0.000
7719031 $ 259,816.50 80.00 0.25 0.017 0.733
7719548 $ 289,762.29 78.59 0.25 0.017 0.000
7719771 $ 270,543.98 95.00 17 0.25 0.017 0.358
7719781 $ 484,500.00 75.12 0.25 0.017 0.858
7719798 $ 253,050.07 93.85 17 0.25 0.017 0.858
7720068 $ 432,428.84 75.00 0.25 0.017 0.483
7720354 $ 349,733.68 83.33 01 0.25 0.017 0.358
7720418 $ 434,437.19 75.00 0.25 0.017 0.233
7720777 $ 409,264.25 80.00 0.25 0.017 0.000
7720803 $ 324,746.47 76.47 0.25 0.017 0.233
7721083 $ 384,382.41 70.00 0.25 0.017 0.108
7721171 $ 272,000.00 79.53 0.25 0.017 0.233
7721244 $ 336,000.00 80.00 0.25 0.017 0.108
7721600 $ 298,009.21 57.96 0.25 0.017 0.000
7721725 $ 104,847.13 75.00 0.25 0.017 0.483
7722179 $ 613,000.00 78.79 0.25 0.017 0.483
7722182 $ 292,000.00 80.00 0.25 0.017 0.000
7722186 $ 363,444.34 80.00 0.25 0.017 0.358
7722379 $ 578,525.40 34.06 0.25 0.017 0.000
7722569 $ 54,960.19 73.33 0.25 0.017 0.608
7723174 $ 499,619.54 76.92 0.25 0.017 0.358
7723507 $ 274,968.80 80.00 0.25 0.017 0.000
7723548 $ 288,847.26 59.65 0.25 0.017 0.233
7723630 $ 487,177.69 80.00 0.25 0.017 0.000
7723652 $ 380,000.00 66.67 0.25 0.017 0.000
7723749 $ 464,002.61 66.43 0.25 0.017 0.108
7723984 $ 294,781.07 89.94 01 0.25 0.017 0.483
7724135 $ 251,495.82 90.00 06 0.25 0.017 0.000
7724184 $ 287,683.99 80.00 0.25 0.017 0.000
7724395 $ 376,171.70 80.00 0.25 0.017 0.000
7724546 $ 251,803.42 70.00 0.25 0.017 0.233
7724559 $ 359,662.50 80.00 0.25 0.017 0.000
7724742 $ 295,663.38 79.99 0.25 0.017 0.108
7724828 $ 298,562.66 95.00 01 0.25 0.017 0.358
7724853 $ 294,764.09 78.67 0.25 0.017 0.108
7725063 $ 339,440.98 77.27 0.25 0.017 0.000
7725845 $ 275,669.08 79.77 0.25 0.017 0.358
7725995 $ 480,000.00 61.94 0.25 0.017 0.000
7726018 $ 381,709.33 80.00 0.25 0.017 0.358
7726540 $ 277,200.00 90.00 06 0.25 0.017 0.733
7726591 $ 263,788.88 80.00 0.25 0.017 0.108
7726654 $ 379,816.37 73.86 0.25 0.017 0.733
7726795 $ 277,299.15 75.00 0.25 0.017 0.608
7726855 $ 258,500.00 77.86 0.25 0.017 0.233
7726964 $ 285,776.90 52.00 0.25 0.017 0.233
7728095 $ 332,800.00 80.00 0.25 0.017 0.733
7728103 $ 998,435.10 63.49 0.25 0.017 0.233
7728375 $ 319,700.00 76.19 0.25 0.017 0.108
7728726 $ 709,312.00 65.00 0.25 0.017 0.108
7728938 $ 559,065.27 69.99 0.25 0.017 0.358
7729100 $ 500,000.00 76.92 0.25 0.017 0.483
7729147 $ 271,200.00 80.00 0.25 0.017 0.233
7729337 $ 290,558.96 90.00 06 0.25 0.017 0.000
7729366 $ 314,754.27 63.64 0.25 0.017 0.233
7729389 $ 259,786.88 80.00 0.25 0.017 0.000
7729412 $ 267,500.00 86.99 06 0.25 0.017 0.858
7729446 $ 356,068.84 80.00 0.25 0.017 0.000
7729457 $ 279,528.19 77.78 0.25 0.017 0.000
7729507 $ 327,737.70 56.06 0.25 0.017 0.108
7729532 $ 400,000.00 69.57 0.25 0.017 0.233
7729754 $ 300,000.00 80.00 0.25 0.017 0.358
7729807 $ 246,297.95 69.44 0.25 0.017 0.000
7729938 $ 293,011.68 77.25 0.25 0.017 0.358
7729956 $ 293,764.90 70.00 0.25 0.017 0.108
7729968 $ 289,870.72 80.00 0.25 0.017 0.000
7729989 $ 270,000.00 76.06 0.25 0.017 0.358
7729999 $ 749,443.39 53.57 0.25 0.017 0.483
7730023 $ 379,359.67 80.00 0.25 0.017 0.000
7730117 $ 276,996.92 90.00 01 0.25 0.017 0.358
7730368 $ 281,485.65 94.99 17 0.25 0.017 0.358
7730735 $ 449,260.13 60.00 0.25 0.017 0.000
7731015 $ 390,000.00 43.77 0.25 0.017 0.108
7731327 $ 283,667.29 85.00 12 0.25 0.017 0.000
7731472 $ 549,570.95 34.38 0.25 0.017 0.233
7731516 $ 407,681.72 80.00 0.25 0.017 0.233
7731712 $ 263,778.21 80.00 0.25 0.017 0.000
7731771 $ 324,695.83 64.61 0.25 0.017 0.000
7731775 $ 329,443.93 53.66 0.25 0.017 0.000
7731911 $ 339,741.28 80.00 0.25 0.017 0.358
7731941 $ 331,714.15 80.00 0.25 0.017 0.000
7731978 $ 286,970.33 80.00 0.25 0.017 0.108
7732029 $ 194,851.62 66.10 0.25 0.017 0.358
7732092 $ 315,467.52 80.00 0.25 0.017 0.000
7732386 $ 560,000.00 80.00 0.25 0.017 0.108
7732387 $ 324,726.96 69.59 0.25 0.017 0.000
7732642 $ 359,200.00 80.00 0.25 0.017 0.358
7733167 $ 399,342.33 49.72 0.25 0.017 0.000
7733183 $ 311,768.45 80.00 0.25 0.017 0.483
7733325 $ 275,546.20 80.00 0.25 0.017 0.000
7733568 $ 324,752.71 61.90 0.25 0.017 0.358
7733758 $ 411,885.82 75.00 0.25 0.017 0.483
7733997 $ 270,000.00 61.09 0.25 0.017 0.000
7734014 $ 507,583.59 80.00 0.25 0.017 0.000
7734075 $ 319,744.10 69.57 0.25 0.017 0.108
7734152 $ 598,285.30 80.00 0.25 0.017 0.358
7734338 $ 875,283.47 62.57 0.25 0.017 0.358
7734374 $ 156,610.57 66.74 0.25 0.017 0.358
7734685 $ 349,424.54 47.30 0.25 0.017 0.000
7734731 $ 335,461.02 77.06 0.25 0.017 0.108
7735091 $ 597,109.63 80.00 0.25 0.017 0.483
7735142 $ 332,559.13 80.00 0.25 0.017 0.608
7735915 $ 649,440.36 39.39 0.25 0.017 0.000
7736298 $ 291,766.49 80.00 0.25 0.017 0.108
7736336 $ 350,000.00 70.00 0.25 0.017 0.358
7736378 $ 271,926.92 94.99 11 0.25 0.017 0.000
7736383 $ 274,768.97 64.71 0.25 0.017 0.000
7736545 $ 350,932.77 80.00 0.25 0.017 0.358
7736702 $ 299,765.97 80.00 0.25 0.017 0.233
7736705 $ 287,910.00 90.00 06 0.25 0.017 0.483
7736763 $ 264,579.34 95.00 11 0.25 0.017 0.733
7737084 $ 250,000.00 79.37 0.25 0.017 0.233
7737218 $ 470,000.00 77.77 0.25 0.017 0.000
7737649 $ 359,719.17 80.00 0.25 0.017 0.233
7737653 $ 449,295.80 64.29 0.25 0.017 0.233
7738169 $ 335,636.71 60.00 0.25 0.017 0.233
7738404 $ 239,926.23 64.03 0.25 0.017 0.608
7738693 $ 283,783.90 80.00 0.25 0.017 0.358
7738766 $ 437,261.95 80.00 0.25 0.017 0.000
7739707 $ 280,071.30 95.00 13 0.25 0.017 1.233
7739916 $ 324,300.00 79.99 0.25 0.017 0.000
7740057 $ 247,302.08 75.00 0.25 0.017 0.108
7740485 $ 592,000.00 80.00 0.25 0.017 0.108
7740642 $ 264,585.29 67.95 0.25 0.017 0.233
7740737 $ 337,236.71 75.00 0.25 0.017 0.233
7740865 $ 299,240.02 80.00 0.25 0.017 0.000
7740912 $ 265,000.00 73.61 0.25 0.017 0.483
7740944 $ 259,842.05 89.99 17 0.25 0.017 0.108
7741033 $ 349,300.00 70.00 0.25 0.017 0.000
7741279 $ 494,244.38 67.35 0.25 0.017 0.358
7741337 $ 381,187.29 79.90 0.25 0.017 0.000
7741803 $ 275,784.69 80.00 0.25 0.017 0.233
7741810 $ 919,264.29 80.00 0.25 0.017 0.108
7741824 $ 679,495.34 34.00 0.25 0.017 0.483
7742129 $ 254,820.02 75.00 0.25 0.017 0.733
7742491 $ 286,176.58 80.00 0.25 0.017 0.233
7742524 $ 299,765.97 74.07 0.25 0.017 0.233
7742635 $ 310,276.30 70.00 0.25 0.017 0.000
7742764 $ 303,800.48 74.39 0.25 0.017 1.108
7742785 $ 363,444.34 54.81 0.25 0.017 0.358
7742825 $ 279,204.77 70.00 0.25 0.017 0.608
7743123 $ 325,600.00 80.00 0.25 0.017 0.000
7743166 $ 387,697.33 51.73 0.25 0.017 0.233
7743249 $ 356,000.00 80.00 0.25 0.017 0.108
7743285 $ 339,941.13 90.00 17 0.25 0.017 0.358
7743501 $ 599,543.45 80.00 0.25 0.017 0.358
7743649 $ 498,057.15 62.50 0.25 0.017 0.233
7743725 $ 264,803.33 67.09 0.25 0.017 0.483
7743748 $ 425,000.00 68.00 0.25 0.017 0.608
7743777 $ 307,753.70 74.58 0.25 0.017 0.108
7743780 $ 599,520.19 35.29 0.25 0.017 0.108
7743989 $ 316,291.82 80.00 0.25 0.017 0.108
7744050 $ 574,421.81 75.20 0.25 0.017 0.358
7744098 $ 314,754.27 75.77 0.25 0.017 0.233
7744127 $ 319,200.00 80.00 0.25 0.017 0.000
7744155 $ 331,580.29 90.00 06 0.25 0.017 0.233
7744164 $ 447,650.52 80.00 0.25 0.017 0.233
7744217 $ 378,696.92 68.91 0.25 0.017 0.108
7744300 $ 289,750.00 95.00 01 0.25 0.017 0.483
7744449 $ 259,532.57 88.44 01 0.25 0.017 0.358
7744730 $ 305,355.62 80.00 0.25 0.017 0.108
7744783 $ 803,708.70 70.00 0.25 0.017 0.108
7744877 $ 599,061.05 68.97 0.25 0.017 0.233
7745059 $ 399,389.39 65.47 0.25 0.017 0.358
7745236 $ 327,744.13 80.00 0.25 0.017 0.233
7745249 $ 881,250.00 75.00 0.25 0.017 0.000
7745409 $ 411,900.00 80.00 0.25 0.017 0.108
7745442 $ 284,000.00 94.98 11 0.25 0.017 0.358
7745532 $ 277,366.79 79.31 0.25 0.017 0.000
7745808 $ 378,681.59 72.88 0.25 0.017 0.000
7745854 $ 278,782.36 90.00 11 0.25 0.017 0.233
7745888 $ 269,605.02 54.00 0.25 0.017 0.000
7746074 $ 271,777.05 80.00 0.25 0.017 0.000
7746105 $ 280,025.88 95.00 06 0.25 0.017 0.108
7746311 $ 247,000.00 95.00 17 0.25 0.017 0.483
7746402 $ 279,707.00 79.98 0.25 0.017 0.358
7746484 $ 279,764.77 80.00 0.25 0.017 0.000
7746655 $ 370,000.00 64.91 0.25 0.017 0.233
7746955 $ 293,787.22 94.84 01 0.25 0.017 0.608
7747004 $ 255,000.00 69.86 0.25 0.017 0.108
7747050 $ 315,759.55 80.00 0.25 0.017 0.358
7747118 $ 520,000.00 80.00 0.25 0.017 0.108
7747832 $ 544,467.59 70.00 0.25 0.017 0.358
7747843 $ 263,494.29 71.27 0.25 0.017 0.233
7747872 $ 246,603.79 95.00 06 0.25 0.017 0.108
7747912 $ 300,000.00 80.00 0.25 0.017 0.000
7747976 $ 275,568.08 80.00 0.25 0.017 0.233
7747990 $ 531,674.48 64.11 0.25 0.017 0.108
7748065 $ 774,364.74 55.36 0.25 0.017 0.000
7748337 $ 449,648.05 75.00 0.25 0.017 0.233
7748431 $ 289,534.82 69.05 0.25 0.017 0.108
7748625 $ 290,000.00 80.00 0.25 0.017 0.000
7748626 $ 291,766.49 80.00 0.25 0.017 0.108
7748664 $ 307,271.80 68.33 0.25 0.017 0.483
7748699 $ 277,892.22 79.53 0.25 0.017 0.000
7748720 $ 280,000.00 70.00 0.25 0.017 0.233
7748820 $ 390,372.79 69.20 0.25 0.017 0.108
7749155 $ 316,581.98 90.00 17 0.25 0.017 0.858
7749224 $ 300,000.00 33.52 0.25 0.017 0.108
7749265 $ 247,761.33 95.00 13 0.25 0.017 0.358
7749700 $ 261,695.69 65.48 0.25 0.017 0.233
7749779 $ 324,746.47 76.47 0.25 0.017 0.233
7749891 $ 279,583.10 80.00 0.25 0.017 0.483
7750233 $ 310,320.00 80.00 0.25 0.017 0.483
7750496 $ 358,000.00 69.99 0.25 0.017 0.000
7750525 $ 400,000.00 37.99 0.25 0.017 0.108
7750543 $ 451,656.07 80.00 0.25 0.017 0.358
7750572 $ 349,720.12 35.00 0.25 0.017 0.108
7750735 $ 303,762.85 80.00 0.25 0.017 0.233
7751224 $ 553,049.43 79.89 0.25 0.017 0.608
7751346 $ 246,825.67 79.68 0.25 0.017 0.733
7751682 $ 395,667.31 80.00 0.25 0.017 0.000
7751909 $ 254,815.44 68.00 0.25 0.017 0.608
7752341 $ 289,523.19 79.45 0.25 0.017 0.000
7752857 $ 499,136.60 66.23 0.25 0.017 0.000
7753009 $ 347,707.64 80.00 0.25 0.017 0.000
7753046 $ 294,764.09 45.38 0.25 0.017 0.108
7753477 $ 407,600.00 80.00 0.25 0.017 0.233
7753794 $ 298,000.00 57.53 0.25 0.017 0.000
7753903 $ 295,569.25 76.83 0.25 0.017 0.233
7753932 $ 432,000.00 80.00 0.25 0.017 0.483
7753989 $ 267,530.52 85.00 11 0.25 0.017 0.000
7754101 $ 314,160.77 80.00 0.25 0.017 0.358
7754373 $ 284,531.42 75.00 0.25 0.017 0.000
7754930 $ 293,600.00 80.00 0.25 0.017 0.233
7755312 $ 324,726.96 45.45 0.25 0.017 0.000
7755512 $ 258,298.34 76.03 0.25 0.017 0.233
7755587 $ 274,500.00 90.00 33 0.25 0.017 0.858
7755684 $ 330,694.41 90.00 17 0.25 0.017 0.358
7755712 $ 549,600.00 80.00 0.25 0.017 0.108
7755982 $ 327,744.13 80.00 0.25 0.017 0.233
7755997 $ 297,600.00 80.00 0.25 0.017 0.233
7756283 $ 262,770.00 95.00 13 0.25 0.017 0.608
7756567 $ 280,000.00 64.07 0.25 0.017 0.000
7756587 $ 240,000.00 64.17 0.25 0.017 0.608
7756646 $ 274,780.08 88.71 11 0.25 0.017 0.108
7756976 $ 269,589.53 95.00 01 0.25 0.017 0.233
7757104 $ 361,844.43 89.99 01 0.25 0.017 0.733
7757248 $ 324,378.82 90.00 13 0.25 0.017 0.108
7757525 $ 645,600.00 80.00 0.25 0.017 0.233
7757534 $ 284,788.49 74.03 0.25 0.017 0.483
7757555 $ 256,314.35 90.00 17 0.25 0.017 0.608
7757716 $ 270,588.75 80.00 0.25 0.017 0.233
7757846 $ 374,427.56 75.00 0.25 0.017 0.358
7758015 $ 374,368.11 64.99 0.25 0.017 0.000
7758086 $ 404,668.02 67.73 0.25 0.017 0.000
7758198 $ 335,737.89 79.81 0.25 0.017 0.233
7758224 $ 258,800.00 80.00 0.25 0.017 0.233
7758326 $ 413,018.49 66.67 0.25 0.017 0.358
7758495 $ 487,000.00 74.92 0.25 0.017 0.358
7758927 $ 249,804.98 70.64 0.25 0.017 0.233
7758939 $ 272,421.97 90.00 17 0.25 0.017 0.108
7758985 $ 269,789.37 75.00 0.25 0.017 0.233
7759145 $ 466,653.42 66.71 0.25 0.017 0.483
7759206 $ 439,639.34 79.28 0.25 0.017 0.000
7759243 $ 407,657.23 80.00 0.25 0.017 0.000
7759244 $ 457,281.67 65.90 0.25 0.017 0.108
7759422 $ 299,754.09 70.59 0.25 0.017 0.000
7759432 $ 247,200.00 80.00 0.25 0.017 0.608
7759509 $ 358,206.14 78.79 0.25 0.017 0.000
7759528 $ 274,763.24 72.37 0.25 0.017 0.000
7759712 $ 488,176.01 69.96 0.25 0.017 0.000
7759776 $ 344,000.00 80.00 0.25 0.017 0.000
7760015 $ 350,000.00 74.47 0.25 0.017 0.358
7760183 $ 291,772.22 74.87 0.25 0.017 0.233
7760237 $ 532,000.00 80.00 0.25 0.017 0.233
7760321 $ 332,752.87 90.00 01 0.25 0.017 0.483
7760384 $ 382,885.89 80.00 0.25 0.017 0.000
7760399 $ 250,000.00 45.66 0.25 0.017 0.483
7760594 $ 292,000.00 80.00 0.25 0.017 0.608
7760649 $ 531,000.00 75.86 0.25 0.017 0.358
7760704 $ 319,486.68 74.42 0.25 0.017 0.108
7760827 $ 525,000.00 69.08 0.25 0.017 0.233
7760840 $ 503,606.83 80.00 0.25 0.017 0.233
7760851 $ 589,040.13 78.08 0.25 0.017 0.233
7761032 $ 256,309.64 79.91 0.25 0.017 0.483
7761305 $ 591,118.55 80.00 0.25 0.017 0.483
7761344 $ 279,792.20 50.91 0.25 0.017 0.483
7761415 $ 270,000.00 75.00 0.25 0.017 0.608
7761448 $ 360,000.00 79.47 0.25 0.017 0.233
7761628 $ 321,742.10 75.00 0.25 0.017 0.108
7761721 $ 292,388.23 95.00 01 0.25 0.017 0.608
7761805 $ 350,952.13 80.00 0.25 0.017 0.733
7762127 $ 488,000.00 79.99 0.25 0.017 0.483
7762163 $ 590,297.53 80.00 0.25 0.017 0.358
7762226 $ 304,500.00 70.00 0.25 0.017 0.358
7762299 $ 435,000.00 46.52 0.25 0.017 0.000
7762526 $ 259,593.12 58.43 0.25 0.017 0.233
7762887 $ 375,713.89 80.00 0.25 0.017 0.358
7763168 $ 327,684.97 80.00 0.25 0.017 0.233
7763564 $ 402,308.61 61.94 0.25 0.017 0.608
7763646 $ 317,769.85 80.00 0.25 0.017 0.608
7764150 $ 380,000.00 73.79 0.25 0.017 0.108
7764391 $ 265,897.52 79.43 0.25 0.017 0.358
7764574 $ 377,726.42 80.00 0.25 0.017 0.608
7764647 $ 263,799.12 80.00 0.25 0.017 0.358
7764805 $ 425,000.00 66.41 0.25 0.017 0.000
7764860 $ 256,000.00 80.00 0.25 0.017 1.233
7764862 $ 324,000.00 80.00 0.25 0.017 0.608
7765062 $ 991,263.79 80.00 0.25 0.017 0.483
7765181 $ 309,464.70 74.28 0.25 0.017 0.000
7765254 $ 718,873.27 80.00 0.25 0.017 0.233
7765360 $ 374,714.66 56.82 0.25 0.017 0.358
7765623 $ 431,654.54 88.51 06 0.25 0.017 0.108
7765764 $ 215,353.99 70.49 0.25 0.017 0.108
7765973 $ 343,600.00 80.00 0.25 0.017 0.233
7766226 $ 423,921.34 60.71 0.25 0.017 0.000
7766457 $ 344,724.11 77.53 0.25 0.017 0.108
7766819 $ 563,500.00 70.00 0.25 0.017 0.233
7766935 $ 298,000.00 85.14 17 0.25 0.017 0.983
7767212 $ 304,756.10 57.55 0.25 0.017 0.108
7767484 $ 251,063.53 75.00 0.25 0.017 0.483
7767916 $ 416,500.00 85.00 01 0.25 0.017 0.608
7767942 $ 409,600.00 80.00 0.25 0.017 0.358
7768014 $ 340,740.53 79.30 0.25 0.017 0.358
7768043 $ 380,000.00 55.44 0.25 0.017 0.108
7768124 $ 292,000.00 80.00 0.25 0.017 0.733
7768192 $ 439,073.90 41.85 0.25 0.017 0.483
7768280 $ 336,550.05 80.00 0.25 0.017 0.483
7768583 $ 287,250.00 75.00 0.25 0.017 0.858
7768640 $ 399,638.40 68.97 0.25 0.017 0.000
7768643 $ 334,757.54 67.00 0.25 0.017 0.608
7768984 $ 260,815.78 75.00 0.25 0.017 0.733
7769000 $ 297,279.22 70.00 0.25 0.017 0.483
7769034 $ 334,725.41 72.35 0.25 0.017 0.000
7769135 $ 330,748.14 63.05 0.25 0.017 0.358
7769138 $ 415,960.00 80.00 0.25 0.017 0.233
7769149 $ 382,500.00 75.00 0.25 0.017 0.983
7769165 $ 326,711.49 66.19 0.25 0.017 0.000
7769178 $ 328,237.30 73.82 0.25 0.017 0.108
7769235 $ 599,495.93 66.74 0.25 0.017 0.000
7769240 $ 178,527.05 74.50 0.25 0.017 0.358
7769406 $ 300,000.00 80.00 0.25 0.017 0.000
7769497 $ 328,755.83 62.79 0.25 0.017 0.483
7769944 $ 292,000.00 80.00 0.25 0.017 0.358
7770072 $ 324,746.47 69.15 0.25 0.017 0.233
7770170 $ 324,758.80 75.58 0.25 0.017 0.483
7770196 $ 300,740.85 79.42 0.25 0.017 0.000
7770328 $ 295,801.39 80.00 0.25 0.017 0.983
7771295 $ 150,292.18 70.00 0.25 0.017 0.858
7771386 $ 264,800.00 80.00 0.25 0.017 0.358
7771530 $ 96,681.71 75.00 0.25 0.017 0.733
7771666 $ 831,712.50 66.72 0.25 0.017 0.483
7772068 $ 299,777.36 92.31 17 0.25 0.017 0.483
7772448 $ 520,000.00 80.00 0.25 0.017 0.000
7773244 $ 333,464.41 89.77 17 0.25 0.017 0.733
7773283 $ 367,719.99 80.00 0.25 0.017 0.358
7773552 $ 251,063.53 75.00 0.25 0.017 0.483
7773970 $ 328,000.00 80.00 0.25 0.017 0.000
7774047 $ 500,000.00 57.54 0.25 0.017 0.000
7774054 $ 269,789.37 78.72 0.25 0.017 0.233
7774139 $ 280,000.00 80.00 0.25 0.017 0.483
7775475 $ 415,000.00 59.29 0.25 0.017 0.000
7775515 $ 288,800.00 95.00 11 0.25 0.017 0.858
7775704 $ 264,253.74 79.99 0.25 0.017 0.483
7775940 $ 279,681.65 79.99 0.25 0.017 0.233
7776220 $ 361,500.00 75.00 0.25 0.017 0.858
7776385 $ 245,817.43 94.98 17 0.25 0.017 0.483
7776915 $ 299,788.26 58.82 0.25 0.017 0.733
7777007 $ 329,636.18 79.32 0.25 0.017 0.108
7777477 $ 300,000.00 66.67 0.25 0.017 0.483
7777622 $ 545,500.00 79.06 0.25 0.017 0.483
7778023 $ 300,000.00 78.96 0.25 0.017 0.483
7778127 $ 256,277.00 82.67 01 0.25 0.017 0.608
7778195 $ 500,000.00 40.65 0.25 0.017 0.733
7778197 $ 354,950.00 78.88 0.25 0.017 0.000
7778670 $ 299,777.36 80.00 0.25 0.017 0.483
7779669 $ 410,000.00 58.57 0.25 0.017 0.358
7780040 $ 268,600.51 80.00 0.25 0.017 0.483
7780061 $ 265,000.00 72.60 0.25 0.017 0.608
7780067 $ 648,957.33 77.51 0.25 0.017 0.108
7780357 $ 201,142.19 75.00 0.25 0.017 0.858
7780402 $ 300,000.00 51.11 0.25 0.017 0.233
7780582 $ 450,000.00 69.23 0.25 0.017 0.483
7780691 $ 328,000.00 76.81 0.25 0.017 0.483
7780702 $ 364,000.00 80.00 0.25 0.017 0.233
7780717 $ 537,180.62 80.00 0.25 0.017 0.233
7780756 $ 645,000.00 75.00 0.25 0.017 0.608
7780830 $ 273,000.00 77.34 0.25 0.017 0.000
7780927 $ 405,000.00 54.00 0.25 0.017 0.483
7781315 $ 251,600.00 70.87 0.25 0.017 0.733
7781384 $ 294,300.00 79.97 0.25 0.017 0.608
7781642 $ 284,000.00 80.00 0.25 0.017 0.483
7781676 $ 352,700.00 89.97 11 0.25 0.017 0.233
7781790 $ 400,000.00 66.67 0.25 0.017 0.108
7782163 $ 288,370.00 95.00 06 0.25 0.017 0.483
7782315 $ 150,000.00 61.22 0.25 0.017 0.483
7782688 $ 279,200.00 80.00 0.25 0.017 0.000
7782715 $ 256,000.00 80.00 0.25 0.017 0.483
7783334 $ 294,000.00 74.62 0.25 0.017 0.358
7783547 $ 270,893.72 80.00 0.25 0.017 0.358
7783901 $ 280,530.59 90.00 13 0.25 0.017 0.358
7785073 $ 299,788.26 69.77 0.25 0.017 0.733
7785129 $ 300,000.00 18.18 0.25 0.017 0.358
7785575 $ 247,000.00 95.00 01 0.25 0.017 0.733
7786269 $ 524,256.53 76.09 0.25 0.017 0.733
7787511 $ 363,000.00 57.62 0.25 0.017 0.000
7787738 $ 856,000.00 80.00 0.25 0.017 0.358
7787775 $ 261,500.00 79.99 0.25 0.017 0.000
7788680 $ 318,718.56 79.77 0.25 0.017 0.000
7788861 $ 270,000.00 79.88 0.25 0.017 1.233
7790466 $ 650,000.00 66.67 0.25 0.017 0.000
7790701 $ 340,000.00 70.83 0.25 0.017 0.608
7790944 $ 304,000.00 80.00 0.25 0.017 0.483
7791316 $ 259,825.00 95.00 13 0.25 0.017 0.733
7791500 $ 520,000.00 77.04 0.25 0.017 0.233
7792360 $ 295,500.00 59.10 0.25 0.017 0.858
7792460 $ 270,000.00 77.14 0.25 0.017 0.858
7792548 $ 324,500.00 66.22 0.25 0.017 0.000
7793251 $ 321,000.00 89.92 01 0.25 0.017 1.358
7793361 $ 408,000.00 80.00 0.25 0.017 0.483
7794207 $ 363,750.00 75.00 0.25 0.017 0.358
7794804 $ 850,000.00 58.62 0.25 0.017 0.358
7795558 $ 374,500.00 70.00 0.25 0.017 0.733
7797066 $ 268,000.00 80.00 0.25 0.017 0.858
7797283 $ 304,200.00 78.00 0.25 0.017 0.608
7797728 $ 472,500.00 75.00 0.25 0.017 1.108
7799290 $ 287,200.00 80.00 0.25 0.017 0.358
7799367 $ 294,000.00 70.00 0.25 0.017 0.483
7799588 $ 600,000.00 68.57 0.25 0.017 0.733
7799660 $ 295,100.00 90.00 33 0.25 0.017 0.483
7799736 $ 337,500.00 90.00 11 0.25 0.017 0.608
7799739 $ 808,500.00 70.00 0.25 0.017 0.000
7800157 $ 284,000.00 80.00 0.25 0.017 0.483
7800428 $ 281,000.00 87.54 17 0.25 0.017 0.000
7801708 $ 242,900.00 90.00 17 0.25 0.017 0.608
7802181 $ 232,500.00 75.00 0.25 0.017 0.233
7802229 $ 301,500.00 80.00 0.25 0.017 0.858
7802378 $ 342,000.00 90.00 17 0.25 0.017 0.358
7802394 $ 270,000.00 72.97 0.25 0.017 0.733
7803224 $ 460,000.00 80.00 0.25 0.017 0.233
7803281 $ 292,000.00 80.00 0.25 0.017 0.733
7803628 $ 287,200.00 80.00 0.25 0.017 0.000
7804612 $ 263,700.00 90.00 11 0.25 0.017 0.483
7805219 $ 296,250.00 75.00 0.25 0.017 0.233
7806254 $ 319,500.00 90.00 11 0.25 0.017 1.108
7808114 $ 350,000.00 74.47 0.25 0.017 0.983
7810074 $ 490,000.00 83.05 17 0.25 0.017 0.983
7811941 $ 431,200.00 80.00 0.25 0.017 0.733
7816647 $ 242,250.00 95.00 11 0.25 0.017 1.733
7819844 $ 385,600.00 80.00 0.25 0.017 1.108
7830993 $ 251,750.00 95.00 33 0.25 0.017 0.858
$ 772,891,362.56
</TABLE>
COUNT: 2204
WAC: 7.247445759
WAM: 358.1356462
WALTV: 73.22191895
<PAGE>
EXHIBIT F-3
[Schedule of Mortgage Loans Serviced by Other Servicers]
NASCOR
NMI / 1999-20 Exhibit F-3
30 YEAR FIXED RATE NON RELOCATION LOANS
<TABLE>
<CAPTION>
(i) (ii) (iii) (iv) (v) (vi) (vii) (viii)
- ----- ----------------------------- ----- -------- -------- -------- ------------ ---------- ------------
NET
MORTGAGE MORTGAGE MORTGAGE CURRENT ORIGINAL SCHEDULED
LOAN ZIP PROPERTY INTEREST INTEREST MONTHLY TERM TO MATURITY
NUMBER CITY STATE CODE TYPE RATE RATE PAYMENT MATURITY DATE
- ----- ----------------------------- ----- -------- -------- -------- ------------ ---------- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
4803104 SARATOGA CA 95070 SFD 7.500 6.750 $4,195.29 360 1-May-28
4831306 NORTHVILLE TWP MI 48167 SFD 7.500 6.750 $2,689.88 360 1-Jul-28
4845028 TOLUCA LAKE AREA CA 91602 SFD 7.500 6.750 $2,651.42 360 1-Aug-28
4880067 HOPEWELL TOWNSHIP NJ 08540 SFD 7.000 6.733 $6,320.38 360 1-Jul-28
4912106 FRANKLIN TN 37064 PUD 7.625 6.750 $1,816.56 360 1-Oct-28
4930154 PALOS VERDES EST CA 90274 SFD 8.000 6.750 $12,290.56 360 1-Sep-28
4959427 NICEVILLE FL 32578 SFD 7.250 6.750 $1,877.64 326 1-Apr-25
4959986 HOUSTON TX 77056 SFD 7.750 6.750 $2,650.73 360 1-May-28
4963043 NEW YORK NY 10011 SFD 7.250 6.750 $1,705.44 360 1-Nov-28
4963317 CARBONDALE CO 81623 SFD 7.500 6.750 $3,565.99 360 1-Nov-28
4963327 PLANO TX 75093 SFD 7.125 6.750 $2,425.39 360 1-Nov-28
4967849 MINDEN LA 71055 SFD 6.750 6.483 $2,587.91 360 1-May-29
4981231 AUSTIN TX 78736 SFD 7.000 6.733 $564.18 360 1-Apr-28
4981245 ARLINGTON TX 76016 SFD 7.125 6.750 $512.03 360 1-Jun-28
4981334 EULESS TX 76040 SFD 7.125 6.750 $393.45 360 1-Sep-28
4981342 HOUSTON TX 77084 SFD 6.875 6.608 $496.64 360 1-Nov-28
4981372 ATHERTON CA 94027 SFD 7.375 6.750 $11,527.40 360 1-Nov-28
4981388 SPRING TX 77379 SFD 6.750 6.483 $972.90 360 1-Jul-28
4981521 ROWLETT TX 75088 SFD 7.125 6.750 $485.08 360 1-Oct-28
4981580 WHITESBORO TX 76273 SFD 7.000 6.733 $771.75 360 1-Jan-29
4981584 GARLAND TX 75043 SFD 7.625 6.750 $509.61 360 1-Jul-28
5001598 BEDFORD NY 10506 SFD 6.625 6.358 $4,459.77 360 1-Mar-29
5004594 ROUND ROCK TX 78664 SFD 7.875 6.750 $1,350.18 258 1-Jan-20
5004641 DEWEY BEACH DE 19971 SFD 7.500 6.750 $2,790.00 246 1-Jun-19
5005890 ELLICOTT CITY MD 21042 SFD 7.875 6.750 $1,723.86 360 1-Aug-28
5008414 BRADENTON FL 34202 SFD 7.125 6.750 $1,658.79 351 1-Jun-28
5009574 BORO OF NORWOOD NJ 07648 SFD 7.500 6.750 $1,048.82 360 1-Feb-29
5012114 METARIE LA 70002 SFD 7.125 6.750 $2,021.16 360 1-Jun-29
5012567 METAIRIE LA 70001 SFD 7.125 6.750 $2,102.00 360 1-May-29
5022293 HAMILTON MA 01982 SFD 7.375 6.750 $2,952.64 360 1-Feb-29
5022850 BEVERLY MA 01915 SFD 7.375 6.750 $2,935.37 360 1-Mar-29
5023953 ENCINITAS CA 92024 SFD 6.875 6.608 $1,970.79 360 1-Jan-29
5024123 MONTGOMERY AL 36117 SFD 7.125 6.750 $2,398.44 360 1-Jun-29
5024129 LOVINGTON LA 70435 SFD 7.375 6.750 $3,120.12 360 1-Jun-29
5024444 PINE CO 80470 SFD 7.250 6.750 $1,227.92 360 1-Mar-29
5025158 JONESBORO GA 30236 SFD 7.000 6.733 $5,251.91 360 1-Feb-29
5026382 EL CERRITO CA 94530 SFD 7.000 6.733 $2,293.97 360 1-Apr-29
5026418 HUNTINGTON BEACH CA 92649 SFD 7.250 6.750 $5,252.76 360 1-Mar-29
5026458 NORWALK CT 06853 SFD 6.750 6.483 $1,848.51 360 1-Apr-29
5026531 NEWTOWN CT 06470 SFD 7.250 6.750 $1,773.66 360 1-Apr-29
5026563 WILTON CT 06897 SFD 7.250 6.750 $4,161.28 360 1-Apr-29
5026565 BOULDER CO 80302 SFD 7.000 6.733 $2,128.97 360 1-Mar-29
5026580 JACKSONVILLE FL 32224 SFD 7.625 6.750 $1,778.33 348 1-Jan-28
5026594 COPPER CANYON TX 76266 SFD 7.125 6.750 $2,061.58 360 1-Oct-28
5026602 WOODSTOCK IL 60098 SFD 6.750 6.483 $2,231.18 360 1-Apr-29
5026608 NEW CANAAN CT 06840 SFD 6.750 6.483 $2,075.52 360 1-Apr-29
5026613 DENVER NC 28037 SFD 7.000 6.733 $2,343.20 360 1-Apr-29
5026620 RIDGEFIELD CT 06877 SFD 7.250 6.750 $2,728.71 360 1-Apr-29
5026635 STAMFORD CT 06902 SFD 7.250 6.750 $2,652.72 300 1-Apr-24
5026646 LATROBE CA 95682 SFD 7.125 6.750 $1,778.62 360 1-Apr-29
5026666 WAUKESHA WI 53189 SFD 7.125 6.750 $2,021.16 360 1-Apr-29
5026673 ARNOLD MD 21012 SFD 7.500 6.750 $5,593.72 360 1-Apr-29
5026676 ATLANTA GA 30342 SFD 6.500 6.233 $2,616.77 360 1-Nov-28
5026704 LEXINGTON MA 02173 SFD 6.625 6.358 $3,355.23 360 1-Apr-29
5026922 KETTERING OH 45429 SFD 7.250 6.750 $2,425.14 360 1-Mar-29
5026954 SANTA FE NM 87501 SFD 6.875 6.608 $2,626.08 360 1-Mar-29
5026956 JENKS OK 74037 SFD 7.375 6.750 $2,440.42 348 1-Apr-28
5026993 LOS ANGELES CA 91326 SFD 6.875 6.608 $2,018.41 360 1-Mar-29
5027009 ROSWELL GA 30075 SFD 7.000 6.733 $2,244.91 360 1-Mar-29
5027018 ACCOKEEK MD 20607 SFD 7.125 6.750 $2,475.92 360 1-Jan-29
5027022 WINSTON SALEM NC 27106 SFD 7.000 6.733 $2,242.07 360 1-Apr-29
5027052 BEDFORD NY 10576 SFD 7.375 6.750 $2,942.28 360 1-Mar-29
5027066 CLARKSTON MI 48348 SFD 7.375 6.750 $3,486.31 348 1-Mar-28
5027077 SANTA ANA CA 92705 SFD 6.875 6.608 $2,463.49 360 1-Apr-29
5027126 MORRISVILLE NC 27560 SFD 7.125 6.750 $2,075.06 360 1-Apr-29
5027150 RALEIGH NC 27614 SFD 6.750 6.483 $2,373.87 360 1-Mar-29
5027163 SAN JOSE CA 95118 SFD 7.250 6.750 $1,866.43 360 1-Dec-28
5027187 DAVIDSONVILLE MD 21035 PUD 7.250 6.750 $1,896.46 360 1-Mar-29
5027201 FARMINGTON UT 84025 SFD 7.250 6.750 $3,028.87 360 1-Apr-29
5027225 CHARLOTTE NC 28269 SFD 7.125 6.750 $1,927.85 360 1-Mar-29
5027244 CAMBRIDGE MA 02138 SFD 7.250 6.750 $5,849.66 360 1-Apr-29
5027253 POTOMAC MD 20854 SFD 7.250 6.750 $2,846.04 360 1-Apr-29
5027284 JACKSONVILLE FL 32257 SFD 7.375 6.750 $1,896.94 360 1-Mar-29
5027300 YORBA LANDA CA 92887 SFD 6.875 6.608 $2,872.09 360 1-Apr-29
5027310 RIVER FOREST IL 60305 SFD 7.375 6.750 $1,705.97 360 1-Sep-28
5027360 OMAHA NE 68114 SFD 7.375 6.750 $3,315.24 360 1-Mar-29
5027366 BRIGHTON MI 48116 SFD 7.250 6.750 $2,885.61 360 1-Apr-29
5027376 RUIDOSO NM 88345 SFD 7.625 6.750 $1,896.89 360 1-Mar-29
5027382 SUPERIOR CO 80027 SFD 6.750 6.483 $2,187.72 360 1-Apr-29
5027424 ROCKY HILL CT 06067 SFD 7.125 6.750 $1,886.42 360 1-Mar-29
5027437 NARRAGANSETT RI 02882 SFD 7.375 6.750 $2,072.03 360 1-Apr-29
5027480 NORWALK CT 06850 SFD 7.125 6.750 $2,155.90 360 1-Apr-29
5027557 ROXBURY CT 06783 SFD 6.625 6.358 $2,106.63 360 1-Apr-29
5027570 FARGO ND 58104 SFD 7.000 6.733 $2,323.57 360 1-Apr-29
5027591 TULSA OK 74137 SFD 7.500 6.750 $2,097.64 360 1-Apr-29
5027619 SAN DIMAS CA 91773 PUD 7.000 6.733 $2,474.93 360 1-Mar-29
5027622 SCOTTSDALE AZ 85255 SFD 7.375 6.750 $1,910.50 348 1-Aug-27
5027630 LEESBURG VA 22176 SFD 7.500 6.750 $2,097.65 360 1-Mar-29
5027639 NEWPORT BEACH CA 92663 PUD 7.250 6.750 $3,751.97 360 1-Mar-29
5027655 EDMOND OK 73013 PUD 7.250 6.750 $3,001.58 360 1-Apr-29
5027670 BOULDER CO 80301 PUD 7.500 6.750 $4,940.05 360 1-Mar-29
5027673 JANESVILLE WI 53546 SFD 7.250 6.750 $2,865.15 360 1-Apr-29
5027686 SAN JOSE CA 95148 SFD 6.875 6.608 $2,496.33 360 1-Mar-29
5027713 CHAMPAIGN IL 61822 SFD 7.250 6.750 $2,339.19 360 1-Apr-29
5027771 ATLANTA GA 30327 SFD 7.625 6.750 $7,329.98 300 1-Apr-23
5027773 ORLANDO FL 32835 SFD 7.250 6.750 $2,453.11 360 1-Feb-29
5027781 ASPEN CO 81611 SFD 7.375 6.750 $6,906.76 360 1-Apr-29
5027786 NAPERVILLE IL 60564 SFD 7.125 6.750 $1,829.15 360 1-Mar-29
5027793 NANTUCKET MA 02554 SFD 7.250 6.750 $2,899.25 360 1-Apr-29
5027794 SAN JOSE CA 95120 SFD 6.750 6.483 $1,666.90 360 1-Mar-29
5027799 ATHENS GA 30606 SFD 6.875 6.608 $1,955.02 360 1-Mar-29
5027811 MORRISVILLE NC 27560 PUD 6.875 6.608 $1,891.30 360 1-Mar-29
5027839 PEORIA AZ 85382 SFD 7.125 6.750 $1,698.79 360 1-Apr-29
5027867 CAVE CREEK AZ 85331 SFD 7.000 6.733 $1,912.08 360 1-Apr-29
5031782 ADA MI 49301 SFD 7.625 6.750 $3,823.75 360 1-May-29
5032685 MELBOURNE FL 32940 SFD 7.875 6.750 $2,419.83 310 1-Oct-24
5033710 JACKSONVILLE FL 32256 SFD 7.000 6.733 $1,553.54 354 1-Feb-28
5033735 FRANKLIN TN 37069 SFD 6.875 6.608 $2,318.63 360 1-Apr-29
5033866 CLERMONT FL 34711 SFD 7.875 6.750 $2,797.95 338 1-Jul-26
5034527 VALRICO FL 33594 SFD 7.000 6.733 $1,797.92 351 1-Aug-28
5034684 ORLANDO FL 32835 SFD 7.250 6.750 $1,887.77 343 1-Sep-27
5043051 LITTLE ROCK AR 72223 SFD 7.250 6.750 $2,210.26 360 1-Jun-29
5043061 BATON ROUGE LA 70808 SFD 7.125 6.750 $2,937.41 360 1-Jun-29
5045980 LITTLE ROCK AR 72211 SFD 7.250 6.750 $2,182.97 360 1-Jun-29
5049278 HUNTER NY 12436 SFD 7.250 6.750 $736.75 360 1-Apr-29
5049281 TOWN OF WESTON CT 06883 SFD 7.250 6.750 $3,069.79 360 1-Apr-29
5049359 SAN JOSE CA 95117 SFD 7.375 6.750 $2,451.89 360 1-May-29
5049377 PETALUMA CA 94954 SFD 7.500 6.750 $3,496.07 360 1-Apr-29
5049389 LA JOLLA CA 92037 SFD 7.375 6.750 $4,489.38 360 1-May-29
5049398 NEWPORT BEACH CA 92660 SFD 7.250 6.750 $3,410.88 360 1-Apr-29
5049410 GELNDALE CA 91207 SFD 7.250 6.750 $2,237.53 360 1-Mar-29
5049429 MOUNT VERNON OH 43050 SFD 7.250 6.750 $2,333.04 360 1-May-29
5049461 RALEIGH NC 27613 SFD 6.875 6.608 $1,313.85 360 1-Mar-29
5049468 CAPITOLA CA 95010 SFD 7.375 6.750 $3,453.37 360 1-May-29
5049472 IRVINE CA 92120 SFD 7.375 6.750 $1,754.31 360 1-Apr-29
5049475 PRESCOTT VALLEY AZ 86314 SFD 6.875 6.608 $624.08 360 1-Jan-29
5049476 OCEANSIDE CA 92056 SFD 7.250 6.750 $1,671.33 360 1-Apr-29
5049485 CLARKSTOWN NY 10956 SFD 7.250 6.750 $2,350.09 360 1-Mar-29
5049487 PLEASANT VIEW UT 84414 SFD 7.750 6.750 $1,074.61 360 1-Apr-29
5049497 MILFORD MA 01757 SFD 7.500 6.750 $1,020.85 360 1-Feb-29
5049498 CRANSTON RI 02905 SFD 7.375 6.750 $2,244.69 360 1-Mar-29
5049504 ORANGE PARK FL 32073 SFD 7.375 6.750 $1,968.42 360 1-Feb-29
5049511 CORINTH TX 76205 SFD 7.375 6.750 $1,719.78 360 1-May-29
5049517 OYSTER BAY NY 11753 SFD 7.250 6.750 $1,705.44 360 1-May-29
5049526 LONG BEACH CA 90807 SFD 7.500 6.750 $2,013.73 360 1-Apr-29
5049530 WOODLAND HILLS CA 91364 SFD 7.625 6.750 $2,521.51 360 1-Apr-29
5049539 SCITUATE RI 02825 SFD 7.375 6.750 $884.06 360 1-Apr-29
5049543 HIGHLAND PARK IL 60035 SFD 7.500 6.750 $1,996.25 360 1-May-29
5049560 HOLBROOK MA 02343 SFD 7.125 6.750 $538.97 360 1-May-29
5049585 RED BANK NJ 07701 SFD 6.125 5.858 $1,093.69 360 1-Apr-29
5049593 MASHPEE MA 02649 SFD 7.375 6.750 $1,899.35 360 1-Mar-29
5049601 HARRIMAN TN 37748 SFD 7.375 6.750 $806.70 360 1-Mar-29
5050257 MOBILE AL 36606 SFD 7.500 6.750 $1,922.84 360 1-Jul-29
5059389 BIRMINGHAM AL 35223 SFD 7.000 6.733 $1,995.91 360 1-May-29
5059437 RALEIGH NC 27605 SFD 6.875 6.608 $2,463.48 360 1-Jun-29
5059479 KENSINGTON MD 20895 SFD 6.875 6.608 $2,791.95 360 1-May-29
5059487 LONGWOOD FL 32779 SFD 7.250 6.750 $2,774.41 360 1-Jun-29
5059504 SARASOTA FL 34239 SFD 7.000 6.733 $1,766.38 360 1-May-29
5059520 CHATHAM MA 02633 SFD 7.000 6.733 $1,995.91 360 1-Mar-29
5059673 SODDY DAISY TN 37379 SFD 7.000 6.733 $1,703.17 360 1-Jun-29
5059715 WESTON FL 33327 SFD 7.375 6.750 $3,626.04 360 1-Feb-29
5059953 RIDGEWOOD NJ 07450 SFD 7.375 6.750 $2,072.02 360 1-May-29
5059955 NOVATO CA 94947 SFD 7.250 6.750 $2,464.02 360 1-Jun-29
5059958 SHELTER ISLAND NY 11965 SFD 7.375 6.750 $1,726.68 360 1-May-29
5059965 TOWN OF MIDDLETON CT 06457 SFD 7.250 6.750 $675.72 360 1-Jun-29
5059973 TOWNSHIP OF DALLAS PA 18612 SFD 6.375 6.108 $561.48 360 1-Feb-29
5059980 MIAMI FL 33186 SFD 6.500 6.233 $452.68 360 1-Apr-29
5059997 BRONX NY 10465 SFD 6.625 6.358 $602.36 240 1-Feb-19
5060014 SALINAS CA 93908 SFD 7.500 6.750 $3,146.47 360 1-Jun-29
5060221 MERRITT ISLAND FL 32953 SFD 8.000 6.750 $1,840.67 355 1-Aug-28
5060230 BOCA RATON FL 33496 SFD 7.250 6.750 $2,387.62 360 1-Jun-29
5060244 SEMINOLE FL 33772 SFD 7.000 6.733 $1,772.37 360 1-Jun-29
5060259 LUTZ FL 33549 SFD 7.000 6.733 $2,763.95 240 1-May-19
5065195 TARPON SPRINGS FL 34689 SFD 7.500 6.750 $1,791.76 330 1-Oct-26
5065245 ALCOA TN 37701 SFD 6.875 6.608 $1,629.18 360 1-May-29
5065443 SAFETY HARBOUR FL 34695 SFD 7.250 6.750 $4,147.23 344 1-Dec-27
5065447 MACON GA 31210 SFD 6.875 6.608 $1,970.79 360 1-Jun-29
5065492 KNOXVILLE TN 37932 SFD 6.875 6.608 $3,284.64 360 1-May-29
5065498 KNOXVILLE TN 37922 SFD 7.000 6.733 $2,661.21 360 1-May-29
5065508 ALPHARETTA GA 30005 SFD 6.875 6.608 $2,992.64 360 1-Jun-29
5065515 JOHNSON CITY TN 37604 SFD 6.750 6.483 $1,634.47 360 1-Jun-29
5065521 NASHVILLE TN 37215 SFD 7.125 6.750 $2,317.59 360 1-May-29
5065540 LOUDON TN 37774 SFD 7.250 6.750 $ 2,298.93 360 1-May-29
5065550 PEACHTREE CITY GA 30269 SFD 6.750 6.483 $ 1,816.07 360 1-May-29
5065557 PEACHTREE CITY GA 30269 SFD 6.875 6.608 $ 2,036.48 360 1-Jun-29
5065564 SAVANNAH GA 31410 SFD 7.000 6.733 $ 1,649.95 360 1-May-29
5065570 PEMBROKE PINES FL 33027 SFD 7.500 6.750 $ 1,675.32 360 1-Jun-29
5065574 COLUMBIA TN 38401 SFD 7.375 6.750 $ 2,370.40 360 1-Apr-29
5065588 RALEIGH NC 27609 SFD 6.875 6.608 $ 2,198.09 360 1-Jun-29
5065590 CHEVY CHASE MD 20715 SFD 6.875 6.608 $ 2,378.09 360 1-Jun-29
5065597 NASHVILLE TN 37205 SFD 7.000 6.733 $ 1,995.91 360 1-May-29
5065601 FAIRFAX VA 22033 SFD 6.750 6.483 $ 1,950.02 360 1-Jun-29
5066218 MARIETTA GA 30068 PUD 6.875 6.608 $ 2,259.84 360 1-Jun-29
5066308 ORLANDO FL 32819 SFD 7.250 6.750 $ 1,948.64 360 1-Mar-29
5066325 LOGANVILLE GA 30052 SFD 7.000 6.733 $ 2,528.15 360 1-May-29
5066359 SEMINOLE FL 33776 SFD 7.125 6.750 $2,258.89 360 1-May-29
</TABLE>
TABLE (CONTINUED)
<TABLE>
<CAPTION>
(i) (ix) (x) (xi) (xii) (xiii) (xiv) (xv) (xvi)
- ----- -------------- ------- --------- ---------- -------- ----------- ----------- -------
CUT-OFF
MORTGAGE DATE MORTGAGE T.O.P. MASTER FIXED
LOAN PRINCIPAL INSURANCE SERVICE MORTGAGE SERVICE RETAINE
NUMBER BALANCE LTV SUBSIDY CODE FEE LOAN FEE YIELD
- ----- -------------- ------- --------- ---------- -------- ----------- ----------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
4803104 $ 593,506.24 88.89 0.483
4831306 $ 381,153.69 89.88 06 0.483
4845028 $ 376,005.81 80.00 0.483
4880067 $ 940,349.74 100.00 0.000
4912106 $ 254,935.01 84.15 13 0.608
4930154 $ 1,663,417.85 100.00 0.983
4959427 $ 262,461.99 73.20 0.233
4959986 $ 366,186.44 60.16 0.733
4963043 $ 248,406.42 55.56 0.233
4963317 $ 506,905.00 93.58 0.483
4963327 $ 355,679.97 100.00 0.108
4967849 $ 398,184.10 79.01 0.000
4981231 $ 83,685.08 80.00 0.000
4981245 $ 75,181.08 80.00 0.108
4981334 $ 57,920.31 80.00 0.108
4981342 $ 75,081.58 80.00 0.000
4981372 $ 1,281,879.34 55.63 0.358
4981388 $ 148,401.34 65.65 0.000
4981521 $ 71,469.30 80.00 0.108
4981580 $ 115,421.11 80.00 0.000
4981584 $ 71,352.35 77.84 0.608
5001598 $ 694,021.54 70.00 0.000
5004594 $ 163,729.84 98.70 0.858
5004641 $ 345,702.60 50.00 0.483
5005890 $ 235,889.86 89.99 01 0.858
5008414 $ 243,561.91 90.76 11 0.108
5009574 $ 149,436.39 75.00 0.483
5012114 $ 299,760.09 62.50 0.108
5012567 $ 311,244.59 80.00 0.108
5022293 $ 425,853.40 53.44 0.358
5022850 $ 423,694.86 64.39 0.358
5023953 $ 298,465.93 60.00 0.000
5024123 $ 355,715.31 80.00 0.108
5024129 $ 451,406.26 74.06 0.358
5024444 $ 179,433.21 60.00 0.233
5025158 $ 786,129.08 59.80 0.000
5026382 $ 343,739.89 80.00 0.000
5026418 $ 767,575.42 69.06 0.233
5026458 $ 284,259.70 54.18 0.000
5026531 $ 259,387.84 59.09 0.233
5026563 $ 608,563.77 61.00 0.233
5026565 $ 318,941.58 52.46 0.000
5026580 $ 250,043.06 90.00 01 0.608
5026594 $ 303,744.62 90.00 11 0.108
5026602 $ 343,106.45 80.00 0.000
5026608 $ 319,168.78 61.54 0.000
5026613 $ 351,225.11 79.99 0.000
5026620 $ 398,452.76 69.57 0.233
5026635 $ 365,363.78 71.96 0.233
5026646 $ 263,258.03 78.21 0.108
5026666 $ 299,275.99 74.07 0.108
5026673 $ 798,207.69 68.09 0.483
5026676 $ 410,948.45 86.25 12 0.000
5026704 $ 522,605.39 80.00 0.000
5026922 $ 354,380.60 70.96 0.233
5026954 $ 398,395.03 74.03 0.000
5026956 $ 349,126.51 89.17 11 0.358
5026993 $ 306,208.60 79.99 0.000
5027009 $ 336,309.91 74.49 0.000
5027018 $ 365,710.29 75.00 0.108
5027022 $ 336,166.44 74.89 0.000
5027052 $ 424,691.38 78.17 0.358
5027066 $ 498,331.13 80.00 0.358
5027077 $ 373,847.11 64.10 0.000
5027126 $ 307,256.68 80.00 0.108
5027150 $ 364,728.84 65.36 0.000
5027163 $ 272,078.64 80.00 0.233
5027187 $ 277,124.59 76.54 0.233
5027201 $ 442,954.60 80.00 0.233
5027225 $ 285,226.49 89.94 13 0.108
5027244 $ 855,481.06 70.00 0.233
5027253 $ 416,217.72 63.99 0.233
5027284 $ 273,806.32 69.53 0.358
5027300 $ 436,091.78 79.99 0.000
5027310 $ 245,067.66 95.00 12 0.358
5027360 $ 478,525.52 80.00 0.358
5027366 $ 422,004.06 90.00 13 0.233
5027376 $ 267,216.68 80.00 0.608
5027382 $ 336,423.87 80.00 0.000
5027424 $ 279,096.31 74.67 0.108
5027437 $ 299,310.95 75.00 0.358
5027480 $ 319,227.73 84.21 17 0.108
5027557 $ 328,124.35 79.28 0.000
5027570 $ 348,386.14 78.48 0.000
5027591 $ 299,327.90 80.00 0.483
5027619 $ 370,769.56 80.00 0.000
5027622 $ 271,430.04 79.99 0.358
5027630 $ 299,101.02 94.99 12 0.483
5027639 $ 548,268.17 50.00 0.233
5027655 $ 438,964.02 80.00 0.233
5027670 $ 697,718.52 47.95 0.483
5027673 $ 419,011.10 80.00 0.233
5027686 $ 378,586.44 80.00 0.000
5027713 $ 342,092.64 90.00 11 0.233
5027771 $ 963,877.92 56.06 0.608
5027773 $ 358,180.31 89.90 13 0.233
5027781 $ 997,703.16 44.44 0.358
5027786 $ 270,623.76 83.80 12 0.108
5027793 $ 423,999.36 74.56 0.233
5027794 $ 256,107.41 49.42 0.000
5027799 $ 296,591.30 80.00 0.000
5027811 $ 286,924.17 79.97 0.000
5027839 $ 251,502.14 89.99 13 0.108
5027867 $ 286,689.13 89.81 11 0.000
5031782 $ 539,450.33 79.80 0.608
5032685 $ 317,896.12 79.06 0.858
5033710 $ 230,099.07 79.84 0.000
5033735 $ 352,055.33 80.00 0.000
5033866 $ 381,331.69 87.09 06 0.858
5034527 $ 267,731.80 79.99 0.000
5034684 $ 271,459.10 77.96 0.233
5043051 $ 323,747.25 80.00 0.233
5043061 $ 435,651.34 80.00 0.108
5045980 $ 319,750.37 80.00 0.233
5049278 $ 107,730.90 80.00 0.233
5049281 $ 448,940.51 71.43 0.233
5049359 $ 354,458.10 100.00 0.358
5049377 $ 498,879.82 71.43 0.483
5049389 $ 649,007.78 56.52 0.358
5049398 $ 498,822.78 69.25 0.233
5049410 $ 326,967.24 80.00 0.233
5049429 $ 341,464.81 100.00 0.233
5049461 $ 199,322.13 70.18 0.000
5049468 $ 499,236.76 100.00 0.358
5049472 $ 253,416.62 79.38 0.358
5049475 $ 94,514.23 87.96 0.000
5049476 $ 244,423.16 100.00 0.233
5049485 $ 343,415.27 71.77 0.233
5049487 $ 149,680.37 75.00 0.733
5049497 $ 145,451.44 91.82 0.483
5049498 $ 323,226.29 100.00 0.358
5049504 $ 283,902.30 100.00 0.358
5049511 $ 248,619.68 100.00 0.358
5049517 $ 249,608.78 56.82 0.233
5049526 $ 287,354.79 80.00 0.483
5049530 $ 355,471.55 75.00 0.608
5049539 $ 127,706.03 94.81 0.358
5049543 $ 285,071.16 64.16 0.483
5049560 $ 79,850.65 74.07 0.108
5049585 $ 179,472.50 75.00 0.000
5049593 $ 274,155.26 73.33 0.358
5049601 $ 116,400.87 80.00 0.358
5050257 $ 275,000.00 68.75 0.483
5059389 $ 299,506.75 58.82 0.000
5059437 $ 374,684.96 59.52 0.000
5059479 $ 424,283.85 79.96 0.000
5059487 $ 406,382.74 89.99 12 0.233
5059504 $ 265,063.47 90.00 12 0.000
5059520 $ 299,007.72 46.88 0.000
5059673 $ 255,790.16 80.00 0.000
5059715 $ 522,977.91 75.00 0.358
5059953 $ 299,542.06 100.00 0.358
5059955 $ 360,918.23 80.00 0.233
5059958 $ 249,618.39 38.46 0.358
5059965 $ 98,976.90 71.78 0.233
5059973 $ 89,578.78 73.77 0.000
5059980 $ 71,423.16 69.67 0.000
5059997 $ 78,731.80 42.11 0.000
5060014 $ 449,666.04 50.00 0.483
5060221 $ 248,938.43 93.82 01 0.983
5060230 $ 349,726.96 48.61 0.233
5060244 $ 266,181.63 80.00 0.000
5060259 $ 354,609.47 77.50 0.000
5065195 $ 249,307.92 63.45 0.483
5065245 $ 247,582.11 80.00 0.000
5065443 $ 598,423.83 66.00 0.233
5065447 $ 299,747.96 72.29 0.000
5065492 $ 499,157.48 73.53 0.000
5065498 $ 398,685.25 45.71 0.000
5065508 $ 455,167.28 80.00 0.000
5065515 $ 251,783.03 77.06 0.000
5065521 $ 343,448.19 80.00 0.108
5065540 $ 336,472.63 60.18 0.233
5065550 $ 279,516.50 70.02 0.000
5065557 $ 309,739.56 69.63 0.000
5065564 $ 247,592.25 80.00 0.000
5065570 $ 239,422.18 89.85 6 0.483
5065574 $ 342,411.72 52.80 0.358
5065588 $ 334,318.89 79.90 0.000
5065590 $ 361,695.88 61.36 0.000
5065597 $ 299,506.75 74.07 0.000
5065601 $ 300,391.14 88.69 1 0.000
5066218 $ 343,710.99 87.98 12 0.000
5066308 $ 268,951.66 76.77 0.233
5066325 $ 379,375.22 80.00 0.000
5066359 $ 330,208.72 78.76 0.108
$ 65,517,452.72
</TABLE>
COUNT: COUNT:
WAC: 7.215222122
WAM: 351.5730708
WALTV: 66.62002692
<PAGE>
NASCOR
NMI / 1999-20 Exhibit F-4
30 YEAR FIXED RATE NON RELOCATION LOANS
(i) (xvii) (xviii)
- ----- ----------- -----------
MORTGAGE NMI
LOAN LOAN
NUMBER SERVICER SELLER
- -------- ---------------------------------------------------------------------
4803104 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4831306 MARINE MIDLAND MORTGAGE CORP MARINE MIDLAND MORTGAGE CORP
4845028 COUNTRYWIDE FUNDING CORP. COUNTRYWIDE FUNDING CORP.
4880067 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4912106 HOMESIDE LENDING, INC. HOMESIDE LENDING, INC.
4930154 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4959427 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4959986 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4963043 NOVUS FINANCIAL CORPORATION NOVUS FINANCIAL CORPORATION
4963317 NOVUS FINANCIAL CORPORATION NOVUS FINANCIAL CORPORATION
4963327 NOVUS FINANCIAL CORPORATION NOVUS FINANCIAL CORPORATION
4967849 HIBERNIA NATIONAL BANK HIBERNIA NATIONAL BANK
4981231 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981245 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981334 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981342 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981372 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981388 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981521 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981580 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981584 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
5001598 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5004594 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004641 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5005890 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5008414 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5009574 NOVUS FINANCIAL CORPORATION NOVUS FINANCIAL CORPORATION
5012114 HIBERNIA NATIONAL BANK HIBERNIA NATIONAL BANK
5012567 HIBERNIA NATIONAL BANK HIBERNIA NATIONAL BANK
5022293 BEVERLY NATIONAL BANK BEVERLY NATIONAL BANK
5022850 BEVERLY NATIONAL BANK BEVERLY NATIONAL BANK
5023953 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
5024123 HIBERNIA NATIONAL BANK HIBERNIA NATIONAL BANK
5024129 HIBERNIA NATIONAL BANK HIBERNIA NATIONAL BANK
5024444 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
5025158 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5026382 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026418 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026458 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026531 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026563 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026565 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026580 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5026594 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026602 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026608 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026613 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026620 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026635 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026646 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026666 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026673 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026676 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026704 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026922 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026954 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026956 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5026993 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027009 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027018 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027022 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027052 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027066 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027077 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027126 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027150 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027163 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027187 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027201 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027225 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027244 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027253 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027284 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027300 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027310 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027360 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027366 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027376 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027382 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027424 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027437 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027480 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027557 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027570 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027591 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027619 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027622 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027630 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027639 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027655 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027670 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027673 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027686 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027713 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027771 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5027773 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027781 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027786 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027793 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027794 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027799 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027811 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027839 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5027867 BANCBOSTON MORTGAGE CORP. BANCBOSTON MORTGAGE CORP.
5031782 HUNTINGTON MORTGAGE COMPANY HUNTINGTON MORTGAGE COMPANY
5032685 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5033710 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5033735 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5033866 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5034527 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5034684 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5043051 HIBERNIA NATIONAL BANK HIBERNIA NATIONAL BANK
5043061 HIBERNIA NATIONAL BANK HIBERNIA NATIONAL BANK
5045980 HIBERNIA NATIONAL BANK HIBERNIA NATIONAL BANK
5049278 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049281 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049359 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049377 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049389 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049398 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049410 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049429 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049461 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049468 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049472 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049475 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049476 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049485 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049487 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049497 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049498 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049504 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049511 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049517 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049526 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049530 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049539 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049543 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049560 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049585 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049593 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5049601 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5050257 HIBERNIA NATIONAL BANK HIBERNIA NATIONAL BANK
5059389 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5059437 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5059479 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5059487 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5059504 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5059520 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5059673 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5059715 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5059953 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5059955 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5059958 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5059965 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5059973 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5059980 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5059997 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5060014 NOVUS FINANCIAL CORPORAT NOVUS FINANCIAL CORPORAT
5060221 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5060230 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5060244 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5060259 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065195 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065245 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065443 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065447 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065492 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065498 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065508 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065515 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065521 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065540 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065550 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065557 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065564 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065570 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065574 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065588 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065590 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065597 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5065601 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5066218 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5066308 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5066325 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5066359 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
COUNT: 186
WAC: 7.215222122
WAM: 351.5730708
WALTV: 66.62002692
<PAGE>
EXHIBIT G
REQUEST FOR RELEASE
(for Trustee/Custodian)
Loan Information
- ----------------
Name of Mortgagor: -----------------------------------
Servicer
Loan No.: -----------------------------------
Custodian/Trustee
- -----------------
Name: -----------------------------------
Address: -----------------------------------
-----------------------------------
Custodian/Trustee
Mortgage File No.: -----------------------------------
Seller
- ------
Name: -----------------------------------
Address: -----------------------------------
-----------------------------------
Certificates: Mortgage Pass-Through Certificates,
Series 1999-20
The undersigned Master Servicer hereby acknowledges that it has
received from First Union National Bank, as Trustee for the Holders of Mortgage
Pass-Through Certificates, Series 1999-20, the documents referred to below (the
"Documents"). All capitalized terms not otherwise defined in this Request for
Release shall have the meanings given them in the Pooling and Servicing
Agreement dated as of July 29, 1999 (the "Pooling and Servicing Agreement")
among the Trustee, the Seller and the Master Servicer.
( ) Promissory Note dated _________________, 199__, in the original
principal sum of $___________, made by ____________________, payable
to, or endorsed to the order of, the Trustee.
( ) Mortgage recorded on ________________________ as instrument no.
______________ in the County Recorder's Office of the County of
____________________, State of _______________________ in
book/reel/docket ____________________ of official records at
page/image ____________.
( ) Deed of Trust recorded on ______________________ as instrument no.
_________________ in the County Recorder's Office of the County of
___________________, State of _________________ in book/reel/docket
____________________ of official records at page/image ____________.
( ) Assignment of Mortgage or Deed of Trust to the Trustee, recorded on
______________________________ as instrument no. ______________ in the
County Recorder's Office of the County of ______________________,
State of _____________________ in book/reel/docket
____________________ of official records at page/image ____________.
( ) Other documents, including any amendments, assignments or other
assumptions of the Mortgage Note or Mortgage.
( ) ---------------------------------------------
( ) ---------------------------------------------
( ) ---------------------------------------------
( ) ---------------------------------------------
The undersigned Master Servicer hereby acknowledges and agrees as
follows:
(1) The Master Servicer shall hold and retain possession of
the Documents in trust for the benefit of the Trustee, solely for the
purposes provided in the Agreement.
(2) The Master Servicer shall not cause or permit the
Documents to become subject to, or encumbered by, any claim, liens,
security interest, charges, writs of attachment or other impositions nor
shall the Master Servicer assert or seek to assert any claims or rights of
setoff to or against the Documents or any proceeds thereof.
(3) The Master Servicer shall return the Documents to the
Trustee when the need therefor no longer exists, unless the Mortgage Loan
relating to the Documents has been liquidated and the proceeds thereof
have been remitted to the Certificate Account and except as expressly
provided in the Agreement.
(4) The Documents and any proceeds thereof, including any
proceeds of proceeds, coming into the possession or control of the Master
Servicer shall at all times be earmarked for the account of the Trustee
and the Master Servicer shall keep the Documents and any proceeds separate
and distinct from all other property in the Master Servicer's possession,
custody or control.
NORWEST BANK MINNESOTA, NATIONAL
ASSOCIATION
By: __________________________
Title: ________________________
Date: ________________, 19__
<PAGE>
EXHIBIT H
AFFIDAVIT PURSUANT TO SECTION
860E(e)(4) OF THE INTERNAL
REVENUE CODE OF 1986, AS
AMENDED, AND FOR NON-ERISA
INVESTORS
STATE OF )
) ss.:
COUNTY OF )
[NAME OF OFFICER], being first duly sworn, deposes and says:
1. That he is [Title of Officer] of [Name of Purchaser] (the
"Purchaser"), a [description of type of entity] duly organized and existing
under the laws of the [State of ] [United States], on behalf of which he makes
this affidavit.
2. That the Purchaser's Taxpayer Identification Number is [ ].
3. That the Purchaser is not a "disqualified organization" within
the meaning of Section 860E(e)(5),of the Internal Revenue Code of 1986, as
amended (the "Code"), or an ERISA Prohibited Holder, and will not be a
"disqualified organization" or an ERISA Prohibited Holder, as of [date of
transfer], and that the Purchaser is not acquiring Norwest Asset Securities
Corporation Mortgage Pass-Through Certificates, Series 1999-20, Class
[A-R][A-LR] Certificate (the "Class [A-R][A-LR] Certificate") for the account
of, or as agent (including a broker, nominee, or other middleman) for, any
person or entity from which it has not received an affidavit substantially in
the form of this affidavit. For these purposes, a "disqualified organization"
means the United States, any state or political subdivision thereof, any foreign
government, any international organization, any agency or instrumentality of any
of the foregoing (other than an instrumentality if all of its activities are
subject to tax and a majority of its board of directors is not selected by such
governmental entity), any cooperative organization furnishing electric energy or
providing telephone service to persons in rural areas as described in Code
Section 1381(a)(2)(C), or any organization (other than a farmers' cooperative
described in Code Section 521) that is exempt from taxation under the Code
unless such organization is subject to the tax on unrelated business income
imposed by Code Section 511. For these purposes, an "ERISA Prohibited Holder"
means an employee benefit plan or other retirement arrangement subject to Title
I of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"),
or Code Section 4975 or a governmental plan, as defined in Section 3(32) of
ERISA, subject to any federal, state or local law which is, to a material
extent, similar to the foregoing provisions of ERISA or the Code (collectively,
a "Plan") or a Person acting on behalf of or investing the assets of such a
Plan.
4. That the Purchaser historically has paid its debts as they
have come due and intends to pay its debts as they come due in the future and
the Purchaser intends to pay taxes associated with holding the Class [A-R][A-LR]
Certificate as they become due.
5. That the Purchaser understands that it may incur tax
liabilities with respect to the Class [A-R][A-LR] Certificate in excess of cash
flows generated by the Class [A-R][A-LR] Certificate.
6. That the Purchaser will not transfer the Class [A-R][A-LR]
Certificate to any person or entity from which the Purchaser has not received an
affidavit substantially in the form of this affidavit and as to which the
Purchaser has actual knowledge that the requirements set forth in paragraph 3, 4
or 7 hereof are not satisfied or that the Purchaser has reason to know does not
satisfy the requirements set forth in paragraph 4 hereof.
7. That the Purchaser (i) is a U.S. Person or (ii) is a person
other than a U.S. Person (a "Non-U.S. Person") that holds the Class [A-R][A-LR]
Certificate in connection with the conduct of a trade or business within the
United States and has furnished the transferor and the Trustee with an effective
Internal Revenue Service Form 4224 or successor form at the time and in the
manner required by the Code or (iii) is a Non-U.S. Person that has delivered to
both the transferor and the Trustee an opinion of a nationally recognized tax
counsel to the effect that the transfer of the Class [A-R][A-LR] Certificate to
it is in accordance with the requirements of the Code and the regulations
promulgated thereunder and that such transfer of the Class [A-R][A-LR]
Certificate will not be disregarded for federal income tax purposes. "U.S.
Person" means a citizen or resident of the United States, a corporation or
partnership (unless in the case of a partnership, Treasury regulations are
adopted that provide otherwise) created or organized in or under the laws of the
United States, any state thereof or the District of Columbia, including an
entity treated as a corporation or partnership for federal income tax purposes,
an estate whose income is subject to U.S. federal income tax regardless of its
source, or a trust if a court within the United States is able to exercise
primary supervision over the administration of such trust, and one or more such
U.S. Persons have the authority to control all substantial decisions of such
trust (or, to the extent provided in applicable Treasury regulations, certain
trusts in existence on August 20, 1996 which are eligible to elect to be treated
as U.S. Persons).
8. That the Purchaser agrees to such amendments of the Pooling
and Servicing Agreement as may be required to further effectuate the
restrictions on transfer of the Class [A-R][A-LR] Certificate to such a
"disqualified organization," an agent thereof, an ERISA Prohibited Holder or a
person that does not satisfy the requirements of paragraph 4, paragraph 5 and
paragraph 7 hereof.
9. That the Purchaser consents to the designation of the Master
Servicer as its agent to act as "tax matters person" of the [Upper-Tier
REMIC][Lower-Tier REMIC] pursuant to Section 3.01 of the Pooling and Servicing
Agreement, and if such designation is not permitted by the Code and applicable
law, to act as tax matters person if requested to do so.
<PAGE>
IN WITNESS WHEREOF, the Purchaser has caused this instrument to be
executed on its behalf, pursuant to authority of its Board of Directors, by its
[Title of Officer] this ___ day of , 19 __.
[Name of Purchaser]
By:__________________________
[Name of Officer]
[Title of Officer]
Personally appeared before me the above-named [Name of Officer],
known or proved to me to be the same person who executed the foregoing
instrument and to be the [Title of Officer], of the Purchaser, and acknowledged
to me that he [she] executed the same as his [her] free act and deed and the
free act and deed of the Purchaser.
Subscribed and sworn before me this __ day of ________, 19 __.
- -----------------------------
NOTARY PUBLIC
COUNTY OF--------------------
STATE OF---------------------
My commission expires the __ day of __________, 19__.
<PAGE>
EXHIBIT I
[Letter from Transferor of Class [A-R][A-LR] Certificate]
[Date]
First Union National Bank
230 South Tryon Street
Charlotte, North Carolina 28288
Re: Norwest Asset Securities Corporation,
Series 1999-20, Class [A-R][A-LR]
-------------------------------------
Ladies and Gentlemen:
[Transferor] has reviewed the attached affidavit of [Transferee],
and has no actual knowledge that such affidavit is not true and has no reason to
know that the information contained in paragraph 4 thereof is not true.
Very truly yours,
[Transferor]
----------------------
<PAGE>
EXHIBIT J
NORWEST ASSET SECURITIES CORPORATION
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1999-20
CLASS [A-PO][B-4][B-5][B-6] CERTIFICATES
TRANSFEREE'S LETTER
----------------- --, ----
First Union National Bank
230 South Tryon Street
Charlotte, North Carolina 28288
Norwest Asset Securities Corporation
7485 New Horizon Way
Frederick, Maryland 21703
The undersigned (the "Purchaser") proposes to purchase Norwest Asset
Securities Corporation Mortgage Pass-Through Certificates, Series 1999-20, Class
[A-PO][B-4][B-5][B-6] Certificates (the "Class [A-PO][B-4][B-5][B-6]
Certificates") in the principal amount of $___________. In doing so, the
Purchaser hereby acknowledges and agrees as follows:
Section 1. Definitions. Each capitalized term used herein and not
otherwise defined herein shall have the meaning ascribed to it in the Pooling
and Servicing Agreement, dated as of July 29, 1999 (the "Pooling and Servicing
Agreement") among Norwest Asset Securities Corporation, as seller (the
"Seller"), Norwest Bank Minnesota, National Association, as master servicer (the
"Master Servicer") and First Union National Bank, as trustee (the "Trustee"), of
Norwest Asset Securities Corporation Mortgage Pass-Through Certificates, Series
1999-20.
Section 2. Representations and Warranties of the Purchaser. In
connection with the proposed transfer, the Purchaser represents and warrants to
the Seller, the Master Servicer and the Trustee that:
(a) The Purchaser is duly organized, validly existing and in good
standing under the laws of the jurisdiction in which the Purchaser is organized,
is authorized to invest in the Class [A-PO][B-4][B-5][B-6] Certificates, and to
enter into this Agreement, and duly executed and delivered this Agreement.
(b) The Purchaser is acquiring the Class [A-PO][B-4][B-5][B-6]
Certificates for its own account as principal and not with a view to the
distribution thereof, in whole or in part.
[(c) The Purchaser has knowledge of financial and business matters
and is capable of evaluating the merits and risks of an investment in the Class
[A-PO][B-4][B-5][B-6] Certificates; the Purchaser has sought such accounting,
legal and tax advice as it has considered necessary to make an informed
investment decision; and the Purchaser is able to bear the economic risk of an
investment in the Class [A-PO][B-4][B-5][B-6] Certificates and can afford a
complete loss of such investment.]
[(c) The Purchaser is a "Qualified Institutional Buyer" within the
meaning of Rule 144A of the Act.]
(d) The Purchaser confirms that (a) it has received and reviewed a
copy of the Private Placement Memorandum dated __________ __, 19__, relating to
the Class [A-PO][B-4][B-5][B-6] Certificates and reviewed, to the extent it
deemed appropriate, the documents attached thereto or incorporated by reference
therein, (b) it has had the opportunity to ask questions of, and receive answers
from the Seller concerning the Class [A-PO][B-4][B-5][B-6] Certificates and all
matters relating thereto, and obtain any additional information (including
documents) relevant to its decision to purchase the Class [A-PO][B-4][B-5][B-6]
Certificates that the Seller possesses or can possess without unreasonable
effort or expense and (c) it has undertaken its own independent analysis of the
investment in the Class [A-PO][B-4][B-5][B-6] Certificates. The Purchaser will
not use or disclose any information it receives in connection with its purchase
of the Class [A-PO][B-4][B-5][B-6] Certificates other than in connection with a
subsequent sale of Class [A-PO][B-4][B-5][B-6] Certificates.
(e) Either (i) the Purchaser is not an employee benefit plan or
other retirement arrangement subject to Title I of the Employee Retirement
Income Security Act of 1974, as amended, ("ERISA"), or Section 4975 of the
Internal Revenue Code of 1986, as amended (the "Code"), or a governmental plan,
as defined in Section 3(32) of ERISA subject to any federal, state or local law
("Similar Law") which is, to a material extent, similar to the foregoing
provisions of ERISA or the Code (collectively, a "Plan"), an agent acting on
behalf of a Plan, or a person utilizing the assets of a Plan or (ii) [for Class
[B-4][B-5][B-6] Certificates only] if the Purchaser is an insurance company, (A)
the source of funds used to purchase the Class [B-4][B-5][B-6] Certificate is an
"insurance company general account" (as such term is defined in Section V(e) of
Prohibited Transaction Class Exemption 95-60 ("PTE 95-60"), 60 Fed. Reg. 35925
(July 12, 1995), (B) there is no Plan with respect to which the amount of such
general account's reserves and liabilities for the contract(s) held by or on
behalf of such Plan and all other Plans maintained by the same employer (or
affiliate thereof as defined in Section V(a)(1) of PTE 95-60) or by the same
employee organization exceeds 10% of the total of all reserves and liabilities
of such general account (as such amounts are determined under Section I(a) of
PTE 95-60) at the date of acquisition and (C) the purchase and holding of such
Class [B-4][B-5][B-6] Certificates are covered by Sections I and III of PTE
95-60 or (iii) the Purchaser has provided (a) a "Benefit Plan Opinion"
satisfactory to the Seller and the Trustee of the Trust Estate and (b) such
other opinions of counsel, officers' certificates and agreements as the Seller
or the Master Servicer may have required. A Benefit Plan Opinion is an opinion
of counsel to the effect that the proposed transfer will not cause the assets of
the Trust Estate to be regarded as "plan assets" and subject to the prohibited
transaction provisions of ERISA, the Code or Similar Law and will not subject
the Trustee, the Trustee, the Seller or the Master Servicer to any obligation in
addition to those undertaken in the Pooling and Servicing Agreement (including
any liability for civil penalties or excise taxes imposed pursuant to ERISA,
Section 4975 of the Code or Similar Law).
(f) If the Purchaser is a depository institution subject to the
jurisdiction of the Office of the Comptroller of the Currency ("OCC"), the Board
of Governors of the Federal Reserve System ("FRB"), the Federal Deposit
Insurance Corporation ("FDIC"), the Office of Thrift Supervision ("OTS") or the
National Credit Union Administration ("NCUA"), the Purchaser has reviewed the
"Supervisory Policy Statement on Securities Activities" dated April 29, 1992 of
the Federal Financial Institutions Examination Council and the April 15, 1994
Interim Revision thereto as adopted by the OCC, FRB, FDIC, OTS and NCUA (with
modifications as applicable), as appropriate, other applicable investment
authority, rules, supervisory policies and guidelines of these agencies and, to
the extent appropriate, state banking authorities and has concluded that its
purchase of the Class [A-PO][B-4][B-5][B-6] Certificates is in compliance
therewith.
Section 3. Transfer of Class [A-PO][B-4][B-5][B-6] Certificates.
(a) The Purchaser understands that the Class [A-PO][B-4][B-5][B-6]
Certificates have not been registered under the Securities Act of 1933 (the
"Act") or any state securities laws and that no transfer may be made unless the
Class [A-PO][B-4][B-5][B-6] Certificates are registered under the Act and
applicable state law or unless an exemption from registration is available. The
Purchaser further understands that neither the Seller, the Master Servicer nor
the Trustee is under any obligation to register the Class [A-PO][B-4][B-5][B-6]
Certificates or make an exemption available. In the event that such a transfer
is to be made in reliance upon an exemption from the Act or applicable state
securities laws, (i) the Trustee shall require, in order to assure compliance
with such laws, that the Certificateholder's prospective transferee certify to
the Seller and the Trustee as to the factual basis for the registration or
qualification exemption relied upon, and (ii) unless the transferee is a
"Qualified Institutional Buyer" within the meaning of Rule 144A of the Act, the
Trustee or the Seller may, if such transfer is made within three years from the
later of (a) the Closing Date or (b) the last date on which the Seller or any
affiliate thereof was a holder of the Certificates proposed to be transferred,
require an Opinion of Counsel that such transfer may be made pursuant to an
exemption from the Act and state securities laws, which Opinion of Counsel shall
not be an expense of the Trustee, the Master Servicer or the Seller. Any such
Certificateholder desiring to effect such transfer shall, and does hereby agree
to, indemnify the Trustee, the Master Servicer, any Paying Agent acting on
behalf of the Trustee and the Seller against any liability that may result if
the transfer is not so exempt or is not made in accordance with such federal and
state laws.
(b) No transfer of a Class [A-PO][B-4][B-5][B-6] Certificate shall
be made unless the transferee provides the Seller and the Trustee with a
Transferee's Letter, substantially in the form of this Agreement.
(c) The Purchaser acknowledges that its Class
[A-PO][B-4][B-5][B-6] Certificates bear a legend setting forth the applicable
restrictions on transfer.
<PAGE>
IN WITNESS WHEREOF, the undersigned has caused this Agreement to be
validly executed by its duly authorized representative as of the day and the
year first above written.
[PURCHASER]
By: ______________________________
Its: ______________________________
<PAGE>
EXHIBIT K
NORWEST ASSET SECURITIES CORPORATION
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1999-20
CLASS [B-1] [B-2] [B-3] CERTIFICATES
TRANSFEREE'S LETTER
-------------------
---------------- --, ----
First Union National Bank
230 South Tryon Street
Charlotte, North Carolina 28288
Norwest Asset Securities Corporation
7485 New Horizon Way
Frederick, Maryland 21703
The undersigned (the "Purchaser") proposes to purchase Norwest Asset
Securities Corporation Mortgage Pass-Through Certificates, Series 1999-20, Class
[B-1][B-2][B-3] Certificates (the "Class [B-1][B-2][B-3] Certificates") in the
principal amount of $___________. In doing so, the Purchaser hereby acknowledges
and agrees as follows:
Section 1. Definitions. Each capitalized term used herein and not
otherwise defined herein shall have the meaning ascribed to it in the Pooling
and Servicing Agreement, dated as of July 29, 1999 (the "Pooling and Servicing
Agreement") among Norwest Asset Securities Corporation, as seller (the
"Seller"), Norwest Bank Minnesota, National Association, as master servicer (the
"Master Servicer") and First Union National Bank, as trustee (the "Trustee") of
Norwest Asset Securities Corporation Mortgage Pass-Through Certificates, Series
1999-20.
Section 2. Representations and Warranties of the Purchaser. In
connection with the proposed transfer, the Purchaser represents and warrants to
the Seller, the Master Servicer and the Trustee that:
Either (i) the Purchaser is not an employee benefit plan or other
retirement arrangement subject to Title I of the Employee Retirement
Income Security Act of 1974, as amended, ("ERISA"), or Section 4975 of the
Internal Revenue Code of 1986, as amended (the "Code"), or a governmental
plan, as defined in Section 3(32) of ERISA subject to any federal, state
or local law ("Similar Law") which is, to a material extent, similar to
the foregoing provisions of ERISA or the Code (collectively, a "Plan"), an
agent acting on behalf of a Plan, or a person utilizing the assets of a
Plan or (ii) if the Purchaser is an insurance company, (A) the source of
funds used to purchase the Class [B-1] [B-2] [B-3] Certificate is an
"insurance company general account" (as such term is defined in Section
V(e) of Prohibited Transaction Class Exemption 95-60 ("PTE 95-60"), 60
Fed. Reg. 35925 (July 12, 1995), (B) there is no Plan with respect to
which the amount of such general account's reserves and liabilities for
the contract(s) held by or on behalf of such Plan and all other Plans
maintained by the same employer (or affiliate thereof as defined in
Section V(a)(1) of PTE 95-60) or by the same employee organization, exceed
10% of the total of all reserves and liabilities of such general account
(as such amounts are determined under Section I(a) of PTE 95-60) at the
date of acquisition and (C) the purchase and holding of such Class
[B-1][B-2][B-3] Certificate are covered by Sections I and III of PTE 95-60
or (iii) the Purchaser has provided (a) a "Benefit Plan Opinion"
satisfactory to the Seller and the Trustee of the Trust Estate and (b)
such other opinions of counsel, officers' certificates and agreements as
the Seller or the Master Servicer may have required. A Benefit Plan
Opinion is an opinion of counsel to the effect that the proposed transfer
will not cause the assets of the Trust Estate to be regarded as "plan
assets" and subject to the prohibited transaction provisions of ERISA, the
Code or Similar Law and will not subject the Trustee, the Seller or the
Master Servicer to any obligation in addition to those undertaken in the
Pooling and Servicing Agreement (including any liability for civil
penalties or excise taxes imposed pursuant to ERISA, Section 4975 of the
Code or Similar Law).
IN WITNESS WHEREOF, the undersigned has caused this Agreement to be
validly executed by its duly authorized representative as of the day and the
year first above written.
[PURCHASER]
By: _____________________________
Its: _____________________________
[Reserved]
<PAGE>
EXHIBIT L
SERVICING AGREEMENTS
Norwest Mortgage, Inc. Servicing Agreement
HomeSide Lending Servicing Agreement
SunTrust Mortgage, Inc. Servicing Agreement
NOVUS Financial Servicing Agreement
Merrill Lynch Credit Corporation Servicing Agreement
Hibernia National Bank Servicing Agreement
Bank United Servicing Agreement
FT Mortgage Companies Servicing Agreement
Beverly National Bank Servicing Agreement
The Huntington Mortgage Company Servicing Agreement
Countrywide Home Loans, Inc. Servicing Agreement
Marine Midland Servicing Agreement
<PAGE>
EXHIBIT M
[FORM OF SPECIAL SERVICING AGREEMENT]
SPECIAL SERVICING AND COLLATERAL FUND AGREEMENT
-----------------------------------------------
This SPECIAL SERVICING AND COLLATERAL FUND AGREEMENT (the
"Agreement") is made and entered int, between Norwest Bank Minnesota, National
Association (the "Company" and "Norwest Bank") and (the "Purchaser").
PRELIMINARY STATEMENT
______________________ is the holder of the entire interest in
Norwest Asset Securities Corporation Mortgage Pass-Through Certificates, Series
1999-20, Class ____ (the "Class B Certificates"). The Class B Certificates were
issued pursuant to a Pooling and Servicing Agreement dated as of July 29, 1999
among Norwest Asset Securities Corporation, as seller (the "Seller"), Norwest
Bank Minnesota, National Association, as Master Servicer and First Union
National Bank, as Trustee.
______________________ intends to resell all of the Class B
Certificates directly to the Purchaser on or promptly after the date hereof.
In connection with such sale, the parties hereto have agreed that
the Company will cause, to the extent that the Company as Master Servicer is
granted such authority in the related Servicing Agreements, the related
servicers (each a related "Servicer"), which service the Mortgage Loans which
comprise the Trust Estate related to the above referenced series under the
related servicing agreements (each a related "Servicing Agreement"), to engage
in certain special servicing procedures relating to foreclosures for the benefit
of the Purchaser, and that the Purchaser will deposit funds in a collateral fund
to cover any losses attributable to such procedures as well as all advances and
costs in connection therewith, as set forth herein.
In consideration of the mutual agreements herein contained, the
receipt and sufficiency of which are hereby acknowledged, the Company and the
Purchaser agree that the following provisions shall become effective and shall
be binding on and enforceable by the Company and the Purchaser:
ARTICLE I
DEFINITIONS
Section 1.1. Defined Terms.
-------------
Whenever used in this Agreement, the following words and phrases,
unless the context otherwise requires, shall have the following meanings:
Business Day: Any day other than (i) a Saturday or a Sunday or (ii)
a day on which banking institutions in the State of New York are required or
authorized by law or executive order to be closed.
Collateral Fund: The fund established and maintained pursuant to
Section 3.01 hereof.
Collateral Fund Permitted Investments: Either (i) obligations of, or
obligations fully guaranteed as to principal and interest by, the United States,
or any agency or instrumentality thereof, provided such obligations are backed
by the full faith and credit of the United States, (ii) a money market fund
rated in the highest rating category by a nationally recognized rating agency
selected by the Company, (iii) cash, (iv) mortgage pass-through certificates
issued or guaranteed by Government National Mortgage Association, FNMA or FHLMC,
(v) commercial paper (including both non-interest-bearing discount obligations
and interest-bearing obligations payable on demand or on a specified date), the
issuer of which may be an affiliate of the Company, having at the time of such
investment a rating of at least P-1 by Moody's Investors Service, Inc.
("Moody's") or at least D-1 by Duff & Phelps Credit Rating Co. ("DCR") or (vi)
demand and time deposits in, certificates of deposit of, any depository
institution or trust company (which may be an affiliate of the Company)
incorporated under the laws of the United States of America or any state thereof
and subject to supervision and examination by federal and/or state banking
authorities, so long as at the time of such investment either (x) the long-term
debt obligations of such depository institution or trust company have a rating
of at least AA by DCR or Aa2 by Moody's, (y) the certificate of deposit or other
unsecured short-term debt obligations of such depository institution or trust
company have a rating of at least D-1 by DCR or P-1 by Moody's or (z) the
depository institution or trust company is one that is acceptable to either DCR
or Moody's and, for each of the preceding clauses (i), (iv), (v) and (vi), the
maturity thereof shall be not later than the earlier to occur of (A) 30 days
from the date of the related investment and (B) the next succeeding Distribution
Date as defined in the related Pooling and Servicing Agreement.
Commencement of Foreclosure: The first official action required
under local law in order to commence foreclosure proceedings or to schedule a
trustee's sale under a deed of trust, including (i) in the case of a mortgage,
any filing or service of process necessary to commence an action to foreclose,
or (ii) in the case of a deed of trust, posting, the publishing, filing or
delivery of a notice of sale, but not including in either case (x) any notice of
default, notice of intent to foreclose or sell or any other action prerequisite
to the actions specified in (i) or (ii) above, (y) the acceptance of a
deed-in-lieu of foreclosure (whether in connection with a sale of the related
property or otherwise) or (z) initiation and completion of a short pay-off.
Current Appraisal: With respect to any Mortgage Loan as to which the
Purchaser has made an Election to Delay Foreclosure, an appraisal of the related
Mortgaged Property obtained by the Purchaser at its own expense from an
independent appraiser (which shall not be an affiliate of the Purchaser)
acceptable to the Company as nearly contemporaneously as practicable to the time
of the Purchaser's election, prepared based on the Company's customary
requirements for such appraisals.
Election to Delay Foreclosure: Any election by the Purchaser to
delay the Commencement of Foreclosure, made in accordance with Section 2.02(b).
Election to Foreclose: Any election by the Purchaser to proceed
with the Commencement of Foreclosure, made in accordance with Section 2.03(a).
Monthly Advances: Principal and interest advances and servicing
advances including costs and expenses of foreclosure.
Required Collateral Fund Balance: As of any date of determination,
an amount equal to the aggregate of all amounts previously required to be
deposited in the Collateral Fund pursuant to Section 2.02(d) (after adjustment
for all withdrawals and deposits pursuant to Section 2.02(e)) and Section
2.03(b) (after adjustment for all withdrawals and deposits pursuant to Section
2.03(c)) and Section 3.02 to be reduced by all withdrawals therefrom pursuant to
Section 2.02(g) and Section 2.03(d).
Section 1.2. Definitions Incorporated by Reference.
All capitalized terms not otherwise defined in this Agreement shall
have the meanings assigned in the Pooling and Servicing Agreement.
ARTICLE II
SPECIAL SERVICING PROCEDURES
Section 2.1. Reports and Notices.
-------------------
(a) In connection with the performance of its duties under the
Pooling and Servicing Agreement relating to the realization upon defaulted
Mortgage Loans, the Company as Master Servicer shall provide to the Purchaser
the following notices and reports:
(i)Within five Business Days after each Distribution Date (or
included in or with the monthly statements to Certificateholders pursuant
to the Pooling and Servicing Agreement), the Company, shall provide to the
Purchaser a report, using the same methodology and calculations in its
standard servicing reports, indicating for the Trust Estate the number of
Mortgage Loans that are (A) thirty days, (B) sixty days, (C) ninety days
or more delinquent or (D) in foreclosure, and indicating for each such
Mortgage Loan the loan number and outstanding principal balance.
(ii) Prior to the Commencement of Foreclosure in connection with
any Mortgage Loan, the Company shall cause (to the extent that the Company
as Master Servicer is granted such authority in the related Servicing
Agreement) the Servicer to provide the Purchaser with a notice (sent by
telecopier) of such proposed and imminent foreclosure, stating the loan
number and the aggregate amount owing under the Mortgage Loan. Such notice
may be provided to the Purchaser in the form of a copy of a referral
letter from such Servicer to an attorney requesting the institution of
foreclosure.
(b) If requested by the Purchaser, the Company shall cause the
Servicer (to the extent that the Company as Master Servicer is granted such
authority in the related Servicing Agreement) to make its servicing personnel
available (during their normal business hours) to respond to reasonable
inquiries, by phone or in writing by facsimile, electronic, or overnight mail
transmission, by the Purchaser in connection with any Mortgage Loan identified
in a report under subsection (a) (i) (B), (a) (i) (C), (a) (i) (D), or (a) (ii)
which has been given to the Purchaser; provided, that (1) the related Servicer
shall only be required to provide information that is readily accessible to its
servicing personnel and is non-confidential and (2) the related Servicer shall
respond within five Business Days orally or in writing by facsimile
transmission.
(c) In addition to the foregoing, the Company shall cause the
Servicer (to the extent that the Company as Master Servicer is granted such
authority in the related Servicing Agreement) to provide to the Purchaser such
information as the Purchaser may reasonably request provided, however, that such
information is consistent with normal reporting practices, concerning each
Mortgage Loan that is at least ninety days delinquent and each Mortgage Loan
which has become real estate owned, through the final liquidation thereof;
provided, that the related Servicer shall only be required to provide
information that is readily accessible to its servicing personnel and is
non-confidential provided, however, that the Purchaser will reimburse the
Company and the related Servicer for any out of pocket expenses.
Section 2.2. Purchaser's Election to Delay Foreclosure
Proceedings.
------------------------------------------------
(a) The Purchaser shall be deemed to direct the Company to direct
(to the extent that the Company as Master Servicer is granted such authority in
the related Servicing Agreement) the related Servicer that in the event that the
Company does not receive written notice of the Purchaser's election pursuant to
subsection (b) below within 24 hours (exclusive of any intervening non-Business
Days) of transmission of the notice provided by the Company under Section 2.01
(a) (ii) subject to extension as set forth in Section 2.02(b), the related
Servicer may proceed with the Commencement of Foreclosure in respect of such
Mortgage Loan in accordance with its normal foreclosure policies without further
notice to the Purchaser. Any foreclosure that has been initiated may be
discontinued (i) without notice to the Purchaser if the Mortgage Loan has been
brought current or if a refinancing or prepayment occurs with respect to the
Mortgage Loan (including by means of a short payoff approved by the related
Servicer) or (ii) if the related Servicer has reached the terms of a forbearance
agreement with the borrower. In the latter case, the related Servicer may
complete such forbearance agreement unless instructed otherwise by the Purchaser
within two Business Days notification.
(b) In connection with any Mortgage Loan with respect to which a
notice under Section 2.01(a)(ii) has been given to the Purchaser, the Purchaser
may elect to instruct the Company to cause, to the extent that the Company as
Master Servicer is granted such authority in the related Servicing Agreement,
the related Servicer to delay the Commencement of Foreclosure until such time as
the Purchaser determines that the related Servicer may proceed with the
Commencement of Foreclosure. Such election must be evidenced by written notice
received within 24 hours (exclusive of any intervening non-Business Days) of
transmission of the notice provided by the Company under Section 2.01(a)(ii).
Such 24 hour period shall be extended for no longer than an additional four
Business Days after the receipt of the information if the Purchaser requests
additional information related to such foreclosure; provided, however, that the
Purchaser will have at least one Business Day to respond to any requested
additional information. Any such additional information shall be provided only
to the extent it (i) is not confidential in nature and (ii) is obtainable by the
related Servicer from existing reports, certificates or statements or is
otherwise readily accessible to its servicing personnel. The Purchaser agrees
that it has no right to deal with the mortgagor during such period. However, if
such servicing activities include acceptance of a deed-in-lieu of foreclosure or
short payoff, the Purchaser will be notified and given two Business Days to
respond.
(c) With respect to any Mortgage Loan as to which the Purchaser has
made an Election to Delay Foreclosure, the Purchaser shall obtain a Current
Appraisal as soon as practicable, but in no event more than 15 business days
thereafter, and shall provide the Company with a copy of such Current Appraisal.
(d) Within two Business Days of making any Election to Delay
Foreclosure, the Purchaser shall remit by wire transfer to the Company, for
deposit in the Collateral Fund, an amount, as calculated by the Company, equal
to the sum of (i) 125% of the greater of the unpaid principal balance of the
Mortgage Loan and the value shown in the Current Appraisal referred to in
subsection (c) above (or, if such Current Appraisal has not yet been obtained,
the Company's estimate thereof, in which case the required deposit under this
subsection shall be adjusted upon obtaining such Current Appraisal), and (ii)
three months' interest on the Mortgage Loan at the applicable Mortgage Interest
Rate. If any Election to Delay Foreclosure extends for a period in excess of
three months (such excess period being referred to herein as the "Excess
Period"), within two Business Days the Purchaser shall remit by wire transfer in
advance to the Company for deposit in the Collateral Fund the amount of each
additional month's interest, as calculated by the Company, equal to interest on
the Mortgage Loan at the applicable Mortgage Interest Rate for the Excess
Period. The terms of this Agreement will no longer apply to the servicing of any
Mortgage Loan upon the failure of the Purchaser to deposit any of the above
amounts relating to the Mortgage Loan within two Business Days of the Election
to Delay Foreclosure or within two Business Days of the commencement of the
Excess Period subject to Section 3.01.
(e) With respect to any Mortgage Loan as to which the Purchaser has
made an Election to Delay Foreclosure, the Company may withdraw from the
Collateral Fund from time to time amounts necessary to reimburse the related
Servicer for all related Monthly Advances and Liquidation Expenses thereafter
made by such Servicer in accordance with the Pooling and Servicing Agreement and
the related Servicing Agreement. To the extent that the amount of any such
Liquidation Expenses is determined by the Company based on estimated costs, and
the actual costs are subsequently determined to be higher, the Company may
withdraw the additional amount from the Collateral Fund. In the event that the
Mortgage Loan is brought current by the mortgagor and the foreclosure action is
discontinued, the amounts so withdrawn from the Collateral Fund shall be
redeposited if and to the extent that reimbursement therefor from amounts paid
by the mortgagor is not prohibited pursuant to the Pooling and Servicing
Agreement or the related Servicing Agreement, applicable law or the related
mortgage note. Except as provided in the preceding sentence, amounts withdrawn
from the Collateral Fund to cover Monthly Advances and Liquidation Expenses
shall not be redeposited therein or otherwise reimbursed to the Purchaser. If
and when any such Mortgage Loan is brought current by the mortgagor, all amounts
remaining in the Collateral Fund in respect of such Mortgage Loan (after
adjustment for all permitted withdrawals and deposits pursuant to this
subsection) shall be released to the Purchaser.
(f) With respect to any Mortgage Loan as to which the Purchaser has
made an Election to Delay Foreclosure, the related Servicer shall continue to
service the Mortgage Loan in accordance with its customary procedures (other
than the delay in Commencement of Foreclosure as provided herein). If and when
the Purchaser shall notify the Company that it believes that it is appropriate
to do so, the related Servicer may proceed with the Commencement of Foreclosure.
In any event, if the Mortgage Loan is not brought current by the mortgagor by
the time the loan becomes 6 months delinquent, the Purchaser's election shall no
longer be effective and at the Purchaser's option, either (i) the Purchaser
shall purchase the Mortgage Loan from the related Trust Estate at a purchase
price equal to the fair market value as shown on the Current Appraisal, to be
paid by (x) applying any balance in the Collateral Fund to such to such purchase
price, and (y) to the extent of any deficiency, by wire transfer of immediately
available funds from the Purchaser to the Company for deposit in the related
Certificate Account; or (ii) the related Servicer shall proceed with the
Commencement of Foreclosure.
(g) Upon the occurrence of a liquidation with respect to any
Mortgage Loan as to which the Purchaser made an Election to Delay Foreclosure
and as to which the related Servicer proceeded with the Commencement of
Foreclosure in accordance with subsection (f) above, the Company shall calculate
the amount, if any, by which the value shown on the Current Appraisal obtained
under subsection (c) exceeds the actual sales price obtained for the related
Mortgaged Property (net of Liquidation Expenses and accrued interest related to
the extended foreclosure period), and the Company shall withdraw the amount of
such excess from the Collateral Fund, shall remit the same to the Trust Estate
and in its capacity as Master Servicer shall apply such amount as additional
Liquidation Proceeds pursuant to the Pooling and Servicing Agreement. After
making such withdrawal, all amounts remaining in the Collateral Fund in respect
of such Mortgage Loan (after adjustment for all permitted withdrawals and
deposits pursuant to this Agreement) shall be released to the Purchaser.
Section 2.3. Purchaser's Election to Commence Foreclosure
Proceedings.
-------------------------------------------------
(a) In connection with any Mortgage Loan identified in a report
under Section 2.01(a)(i)(B), the Purchaser may elect to instruct the Company to
cause, to the extent that the Company as Master Servicer is granted such
authority in the related Servicing Agreement, the related Servicer to proceed
with the Commencement of Foreclosure as soon as practicable. Such election must
be evidenced by written notice received by the Company by 5:00 p.m., New York
City time, on the third Business Day following the delivery of such report under
Section 2.01(a)(i).
(b) Within two Business Days of making any Election to Foreclose,
the Purchaser shall remit to the Company, for deposit in the Collateral Fund, an
amount, as calculated by the Company, equal to 125% of the current unpaid
principal balance of the Mortgage Loan and three months interest on the Mortgage
Loan at the applicable Mortgage Interest Rate. If and when any such Mortgage
Loan is brought current by the mortgagor, all amounts in the Collateral Fund in
respect of such Mortgage Loan (after adjustment for all permitted withdrawals
and deposits pursuant to this Agreement) shall be released to the Purchaser if
and to the extent that reimbursement therefor from amounts paid by the mortgagor
is not prohibited pursuant to the Pooling and Servicing Agreement or the related
Servicing Agreement, applicable law or the related mortgage note. The terms of
this Agreement will no longer apply to the servicing of any Mortgage Loan upon
the failure of the Purchaser to deposit the above amounts relating to the
Mortgage Loan within two Business Days of the Election to Foreclose subject to
Section 3.01.
(c) With respect to any Mortgage Loan as to which the Purchaser has
made an Election to Foreclose, the related Servicer shall continue to service
the Mortgage Loan in accordance with its customary procedures (other than
Commencement of Foreclosure as provided herein). In connection therewith, the
Company shall have the same rights to make withdrawals for Monthly Advances and
Liquidations Expenses from the Collateral Fund as are provided under Section
2.02(e), and the Company shall make reimbursements thereto to the limited extent
provided under such subsection in accordance with its customary procedures. The
Company shall not be required to cause, to the extent that the Company as Master
Servicer is granted such authority in the related Servicing Agreement, the
related Servicer to proceed with the Commencement of Foreclosure if (i) the same
is stayed as a result of the mortgagor's bankruptcy or is otherwise barred by
applicable law, or to the extent that all legal conditions precedent thereto
have not yet been complied with, or (ii) the Company believes there is a breach
of representations or warranties by the Company, a Servicer, or a Seller, which
may result in a repurchase or substitution of such Mortgage Loan, or (iii) the
Company or related Servicer reasonably believes the Mortgaged Property may be
contaminated with or affected by hazardous wastes or hazardous substances (and,
without limiting the related Servicer's right not to proceed with the
Commencement of Foreclosure, the Company supplies the Purchaser with information
supporting such belief). Any foreclosure that has been initiated may be
discontinued (x) without notice to the Purchaser if the Mortgage Loan has been
brought current or if a refinancing or prepayment occurs with respect to the
Mortgage Loan (including by means of a short payoff approved by the Purchaser)
or (y) with notice to the Purchaser if the related Servicer has reached the
terms of a forbearance agreement unless instructed otherwise by the Purchaser
within two Business Days of such notification. Any such instruction shall be
based upon a decision that such forbearance agreement is not in conformity with
reasonable servicing practices.
(d) Upon the occurrence of a liquidation with respect to any
Mortgage Loan as to which the Purchaser made an Election to Foreclose and as to
which the related Servicer proceeded with the Commencement of Foreclosure in
accordance with subsection (c) above, the Company shall calculate the amount, if
any, by which the unpaid principal balance of the Mortgage Loan at the time of
liquidation (plus all unreimbursed interest and servicing advances and
Liquidation Expenses in connection therewith other than those paid from the
Collateral Fund) exceeds the actual sales price obtained for the related
Mortgaged Property, and the Company shall withdraw the amount of such excess
from the Collateral Fund, shall remit the same to the Trust Estate and in its
capacity as Master Servicer shall apply such amount as additional Liquidation
Proceeds pursuant to the Pooling and Servicing Agreement. After making such
withdrawal, all amounts remaining in the Collateral Fund (after adjustment for
all withdrawals and deposits pursuant to subsection (c) in respect of such
Mortgage Loan shall be released to the Purchaser.
Section 2.4. Termination.
-----------
(a) With respect to all Mortgage Loans included in the Trust Estate,
the Purchaser's right to make any Election to Delay Foreclosure or any Election
to Foreclose and the Company's obligations under Section 2.01 shall terminate
(i) at such time as the Principal Balance of the Class B Certificates has been
reduced to zero, (ii) if the greater of (x) 43% (or such lower or higher
percentage that represents the related Servicer's actual historical loss
experience with respect to the Mortgage Loans in the related pool as determined
by the Company) of the aggregate principal balance of all Mortgage Loans that
are in foreclosure or are more than 90 days delinquent on a contractual basis
and REO properties or (y) the aggregate amount that the Company estimates
through the normal servicing practices of the related Servicer will be required
to be withdrawn from the Collateral Fund with respect to Mortgage Loans as to
which the Purchaser has made an Election to Delay Foreclosure or an Election to
Foreclosure, exceeds (z) the then-current principal balance of the Class B
Certificates, (iii) upon any transfer by the Purchaser of any interest (other
than the minority interest therein, but only if the transferee provides written
acknowledgment to the Company of the Purchaser's right hereunder and that such
transferee will have no rights hereunder) in the Class B Certificates (whether
or not such transfer is registered under the Pooling and Servicing Agreement),
including any such transfer in connection with a termination of the Trust Estate
or (iv) upon any breach of the terms of this Agreement by the Purchaser.
(b) Except as set forth in 2.04(a), this Agreement and the
respective rights, obligations and responsibilities of the Purchaser and the
Company hereunder shall terminate upon the later to occur of (i) the final
liquidation of the last Mortgage Loan as to which the Purchaser made any
Election to Delay Foreclosure or any Election to Foreclose and the withdrawal of
all remaining amounts in the Collateral Fund as provided herein and (ii) ten
Business Days' notice. The Purchaser's right to make an election pursuant to
Section 2.02 or Section 2.03 hereof with respect to a particular Mortgage Loan
shall terminate if the Purchaser fails to make any deposit required pursuant to
Section 2.02(d) or 2.03(b) or if the Purchaser fails to make any other deposit
to the Collateral Fund pursuant to this Agreement.
ARTICLE III
COLLATERAL FUND; SECURITY INTEREST
Section 3.1. Collateral Fund.
---------------
Upon receipt from the Purchaser of the initial amount required to be
deposited in the Collateral Fund pursuant to Article II, the Company shall
establish and maintain with Bankers Trust Company as a segregated account on its
books and records an account (the "Collateral Fund"), entitled "Norwest Bank
Minnesota, National Association, as Master Servicer, for the benefit of
registered holders of Norwest Asset Securities Corporation Mortgage Pass-Through
Certificates, Series 1999-20. Amounts held in the Collateral Fund shall continue
to be the property of the Purchaser, subject to the first priority security
interest granted hereunder for the benefit of the Certificateholders, until
withdrawn from the Collateral Fund pursuant to Section 2.02 or 2.03 hereof. The
Collateral Fund shall be an "outside reserve fund" within the meaning of the
REMIC Provisions, beneficially owned by the Purchaser for federal income tax
purposes. All income, gain, deduction or loss with respect to the Collateral
Fund shall be that of the Purchaser. All distributions from the Trust Fund to
the Collateral Fund shall be treated as distributed to the Purchaser as the
beneficial owner thereof.
Upon the termination of this Agreement and the liquidation of all
Mortgage Loans as to which the Purchaser has made any Election to Delay
Foreclosure or any Election to Foreclose pursuant to Section 2.04 hereof, the
Company shall distribute or cause to be distributed to the Purchaser all amounts
remaining in the Collateral Fund (after adjustment for all deposits and
permitted withdrawals pursuant to this Agreement) together with any investment
earnings thereon. In the event the Purchaser has made any Election to Delay
Foreclosure or any Election to Foreclose, prior to any distribution to the
Purchaser of all amounts remaining in the Collateral Fund, funds in the
Collateral Fund shall be applied consistent with the terms of this Agreement.
Section 3.2. Collateral Fund Permitted Investments.
-------------------------------------
The Company shall, at the written direction of the Purchaser, invest
the funds in the Collateral Fund in Collateral Fund Permitted Investments. Such
direction shall not be changed more frequently than quarterly. In the absence of
any direction, the Company shall select such investments in accordance with the
definition of Collateral Fund Permitted Investments in its discretion.
All income and gain realized from any investment as well as any
interest earned on deposits in the Collateral Fund (net of any losses on such
investments) and any payments of principal made in respect of any Collateral
Fund Permitted Investment shall be deposited in the Collateral Fund upon
receipt. All costs and realized losses associated with the purchase and sale of
Collateral Fund Permitted Investments shall be borne by the Purchaser and the
amount of net realized losses shall be deposited by the Purchaser in the
Collateral Fund promptly upon realization. The Company shall periodically (but
not more frequently than monthly) distribute to the Purchaser upon request an
amount of cash, to the extent cash is available therefore in the Collateral
Fund, equal to the amount by which the balance of the Collateral Fund, after
giving effect to all other distributions to be made from the Collateral Fund on
such date, exceeds the Required Collateral Fund Balance. Any amounts so
distributed shall be released from the lien and security interest of this
Agreement.
Section 3.3. Grant of Security Interest.
--------------------------
The Purchaser hereby grants to the Company for the benefit of the
Certificateholders under the Pooling and Servicing Agreement a security interest
in and lien on all of the Purchaser's right, title and interest, whether now
owned or hereafter acquired, in and to: (1) the Collateral Fund, (2) all amounts
deposited in the Collateral Fund and Collateral Fund Permitted Investments in
which such amounts are invested (and the distributions and proceeds of such
investments) and (3) all cash and non-cash proceeds of any of the foregoing,
including proceeds of the voluntary conversion thereof (all of the foregoing
collectively, the "Collateral"). The Purchaser acknowledges the lien on and the
security interest in the Collateral for the benefit of the Certificateholders.
The Purchaser shall take all actions requested by the Company as may be
reasonably necessary to perfect the security interest created under this
Agreement in the Collateral and cause it to be prior to all other security
interests and liens, including the execution and delivery to the Company for
filing of appropriate financing statements in accordance with applicable law.
The Company shall file appropriate continuation statements, or appoint an agent
on its behalf to file such statements, in accordance with applicable law.
Section 3.4. Collateral Shortfalls.
---------------------
In the event that amounts on deposit in the Collateral Fund at any
time are insufficient to cover any withdrawals therefrom that the Company is
then entitled to make hereunder, the Purchaser shall be obligated to pay such
amounts to the Company immediately upon demand. Such obligation shall constitute
a general corporate obligation of the Purchaser. The failure to pay such amounts
within two Business Days of such demand (except for amounts to cover interest on
a Mortgage Loan pursuant to Sections 2.02(d) and 2.03 (b)), shall cause an
immediate termination of the Purchaser's right to make any Election to Delay
Foreclosure or Election to Foreclose and the Company's obligations under this
Agreement with respect to all Mortgage Loans to which such insufficiencies
relate, without the necessity of any further notice or demand on the part of the
Company.
ARTICLE IV
MISCELLANEOUS PROVISIONS
Section 4.1. Amendment.
---------
This Agreement may be amended from time to time by the Company and
the Purchaser by written agreement signed by the Company and the Purchaser.
Section 4.2. Counterparts.
------------
This Agreement may be executed simultaneously in any number of
counterparts, each of which counterparts shall be deemed to be an original, and
such counterparts shall constitute but one and the same instrument.
Section 4.3. Governing Law.
-------------
This Agreement shall be construed in accordance with the laws of the
State of New York and the obligations, rights and remedies of the parties
hereunder shall be determined in accordance with such laws.
Section 4.4. Notices.
-------
All demands, notices and direction hereunder shall be in writing or
by telecopy and shall be deemed effective upon receipt to:
(a) in the case of the Company,
Norwest Bank Minnesota, National Association
7485 New Horizon Way
Frederick, MD 21703
Attention: Vice President, Master Servicing
Phone: 301-696-7800
Fax: 301-815-6365
(b) in the case of the Purchaser,
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----------------------------
----------------------------
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Attention: -----------------
Section 4.5. Severability of Provisions.
--------------------------
If any one or more of the covenants, agreements, provision or terms
of this Agreement shall be for any reason whatsoever, including regulatory, held
invalid, then such covenants, agreements, provisions or terms of this Agreement
and shall in no way affect the validity or enforceability of the other
provisions of this Agreement.
Section 4.6. Successors and Assigns.
----------------------
The provisions of this Agreement shall be binding upon and inure to
the benefit of the respective successors and assigns of the parties hereto, and
all such provisions shall inure to the benefit of the Certificateholders;
provided, however, that the rights under this Agreement cannot be assigned by
the Purchaser without the consent of the Company.
Section 4.7. Article and Section Headings.
----------------------------
The article and section headings herein are for convenience of
reference only and shall not limit or otherwise affect the meaning hereof.
Section 4.8. Confidentiality.
---------------
The Purchaser agrees that all information supplied by or on behalf
of the Company pursuant to Sections 2.01 or 2.02, including individual account
information, is the property of the Company and the Purchaser agrees to hold
such information confidential and not to disclose such information.
Each party hereto agrees that neither it, nor any officer, director,
employee, affiliate or independent contractor acting at such party's direction
will disclose the terms of Section 4.09 of this Agreement to any person or
entity other than such party's legal counsel except pursuant to a final,
non-appealable order of court, the pendency of such order the other party will
have received notice of at least five business days prior to the date thereof,
or pursuant to the other party's prior express written consent.
Section 4.9. Indemnification.
---------------
The Purchaser agrees to indemnify and hold harmless the Company, the
Seller, and each Servicer and each person who controls the Company, the Seller,
or a Servicer and each of their respective officers, directors, affiliates and
agents acting at the Company's, the Seller's, or a Servicer's direction (the
"Indemnified Parties") against any and all losses, claims, damages or
liabilities to which they may be subject, insofar as such losses, claims,
damages or liabilities (or actions in respect thereof) arise out of, or are
based upon, actions taken by, or actions not taken by, the Company, the Seller,
or a Servicer, or on their behalf, in accordance with the provisions of this
Agreement and (i) which actions conflict with the Company's, the Seller's, or a
Servicer's obligations under the Pooling and Servicing Agreement or the related
Servicing Agreement, or (ii) give rise to securities law liability under federal
or state securities laws with respect to the Certificates. The Purchaser hereby
agrees to reimburse the Indemnified Parties for the reasonable legal or other
expenses incurred by them in connection with investigating or defending any such
loss, claim, damage, liability or action. The indemnification obligations of the
Purchaser hereunder shall survive the termination or expiration of this
Agreement.
<PAGE>
IN WITNESS WHEREOF, the Company and the Purchaser have caused their
names to be signed hereto by their respective officers thereunto duly
authorized, all as of the day and year first above written.
Norwest Bank Minnesota, National
Association
By:____________________________________
Name:
Title:
By:____________________________________
Name:
Title:
<PAGE>
EXHIBIT N
POLICY
