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 (Date of earliest event reported) June 24, 1999
GE CAPITAL MORTGAGE SERVICES, INC.
(as Seller and Servicer under the Pooling and
Servicing Agreement, dated as of June 1, 1999,
providing for the issuance of REMIC Mortgage
Pass-Through Certificates, Series 1999-13)
GE Capital Mortgage Services, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 33-5042 21-0627285
- --------------------------------------------------------------------------------
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
Three Executive Campus
Cherry Hill, New Jersey 08002
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code (609) 661-6100
--------------
<PAGE>
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
General. On June 24, 1999, GE Capital Mortgage Services, Inc. ("GECMSI") offered
to investors certain classes of its REMIC Mortgage Pass-Through Certificates,
Series 99-13 (the "Certificates") evidencing beneficial ownership interests in a
trust fund (the "Trust Fund"). The assets of the Trust Fund consist primarily of
a pool ("Pool 99-13") of conventional, one- to four-family residential loans
(the "Mortgage Loans"). Capitalized terms used herein and not otherwise defined
shall have the meanings assigned to them in the Prospectus dated April 22, 1999
as supplemented by the Prospectus Supplement dated June 22, 1999.
The original principal balance of each Class of the Certificates is as follows:
Class A1 $40,926,000.00
Class A2 $14,475,476.00
Class A3 $47,710,557.00
Class A4 $4,053,134.00
Class A5 $2,551,890.00
Class A6 $4,712,416.00
Class A7 $2,000,000.00
Class A8 $29,000,000.00
Class A9 $138,655,000.00
Class A10 $29,000,000.00
Class A11 $100,000,000.00
Class A12 $20,707,000.00
Class A13 $3,448,000.00
Class A14 $676,358.00
Class A15 $4,204,000.00
Class A16 $1,140,642.00
Class A17 $33,845,000.00
Class R $100.00
Class M $10,483,000.00
Class B1 $3,737,000.00
Class B2 $2,242,000.00
Class B3 $2,491,000.00
Class B4 $996,000.00
Class B5 $1,247,906.29
Class PO $448,236.45
Total : $498,750,715.74
The initial Junior Percentage and initial Senior Percentage for Pool 99-13 are
approximately 4.25% and 95.75%, respectively. The "Bankruptcy Loss Amount," the
"Fraud Loss Amount" and the "Special Hazard Loss Amount" for Pool 99-13 as of
the initial issuance of the Certificates are $185,966.00, $4,987,507.00 and
$4,987,507.00, respectively, representing approximately .0400%, 1.0000%, and
1.0000%, respectively, of the aggregate Scheduled Principal Balances of the
Mortgage Loans as of June 1, 1999 (the "Cut-off Date").
Description of the Mortgage Pool and the Mortgaged Properties
- -------------------------------------------------------------
Pool 99-13
- ----------
Pool 99-13 consists primarily of fixed-rate, fully-amortizing conventional
Mortgage Loans evidenced by Mortgage Notes which have original maturities of 20
to 30 years and an aggregate outstanding Scheduled Principal Balance as of the
Cut-off Date, after deducting payments of principal due on or before such date
and prepayments of principal received before such date, of $498,750,715.74.
The interest rates (the "Mortgage Rates") borne by the 1,477 Mortgage Loans
conveyed by GECMSI to Pool 99-13 range from 6.2500% to 9.2500% and the weighted
average Mortgage Rate as of the Cut-off Date is 7.1635% per annum (all weighted
averages in this filing are weighted by aggregate outstanding Scheduled
Principal Balance as of the Cut-off Date). At origination, the principal
balances of the Mortgage Loans in Pool 99-13 ranged from $35,000.00 to
$1,600,000.00, and, as of the Cut-off Date, the average outstanding Scheduled
Principal Balance of the Mortgage Loans in Pool 99-13 is $337,678.21, after
application of principal payments due on or before the Cut-off Date and
prepayments of principal received before such date. The earliest origination
date of any Mortgage Loan in Pool 99-13 is April 5, 1994, and the latest
scheduled maturity date of any such Mortgage Loan is June 1, 2029. The weighted
average loan-to-value ratio of the Mortgage Loans as of the Cut-off Date in Pool
99-13 is 75.0164%.
The Mortgage Loans in Pool 99-13 have the following characteristics as of the
Cut-off Date.
a) The following table sets forth information, as of the Cut-off Date, with
respect to the Mortgage Rates borne by the Mortgage Loans in Pool 99-13:
MORTGAGE # OF AGGREGATE BALANCES % OF POOL BY
RATES LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
----- ----- ------------------ -----------------
6.2500% 1 $299,715.35 0.0601%
6.3750% 4 $1,289,119.18 0.2585%
6.5000% 18 $6,234,156.64 1.2500%
6.6250% 30 $10,146,315.49 2.0343%
6.7500% 60 $18,931,987.91 3.7959%
6.8750% 171 $57,694,749.53 11.5679%
6.8800% 1 $294,850.00 0.0591%
7.0000% 295 $99,208,141.70 19.8912%
7.1250% 236 $82,181,298.26 16.4774%
7.2500% 283 $95,248,304.21 19.0974%
7.3750% 177 $60,369,921.54 12.1042%
7.5000% 109 $36,436,476.55 7.3055%
7.6250% 37 $12,029,987.82 2.4120%
7.7500% 22 $6,967,418.34 1.3970%
7.8750% 11 $2,969,368.01 0.5954%
8.0000% 5 $1,942,622.57 0.3895%
8.1250% 5 $1,493,600.00 0.2995%
8.2500% 3 $1,335,784.74 0.2678%
8.3750% 3 $1,534,000.00 0.3076%
8.5000% 2 $933,068.15 0.1871%
8.8750% 2 $628,000.00 0.1259%
9.0000% 1 $324,000.00 0.0650%
9.2500% 1 $257,829.75 0.0517%
Total 1,477 $498,750,715.74 100.0000%
b) The following table sets forth information, as of the Cut-off Date, with
respect to the original principal balances of the Mortgage Loans in Pool
99-13 :
ORIGINAL # OF LOANS AGGREGATE BALANCES % OF POOL BY
BALANCES AS OF CUT-OFF DATE AGGREGATE BAL.
-------- ---------- ------------------ --------------
$ 0 - 227,150 88 $12,792,822.56 2.5650%
$227,151 - 250,000 64 $15,496,374.48 3.1070%
$250,001 - 300,000 526 $145,491,022.03 29.1711%
$300,001 - 350,000 320 $104,069,544.83 20.8660%
$350,001 - 400,000 190 $71,048,003.31 14.2452%
$400,001 - 450,000 99 $41,806,685.07 8.3823%
$450,001 - 600,000 144 $73,506,966.99 14.7382%
$600,001 - 650,000 27 $17,271,561.72 3.4630%
$650,001 - 1,000,000 + 19 $17,267,734.75 3.4622%
Total 1,477 $498,750,715.74 100.0000%
The largest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 99-13 is $1,598,812.56.
The smallest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 99-13 is $35,000.00.
c) The following table sets forth information, as of the Cut-off Date, with
respect to the years of origination of the Mortgage Loans in Pool 99-13:
YEAR OF ORIGINATION # OF LOANS AGGREGATE BALANCES % OF POOL BY
AS OF CUT-OFF DATE AGGREGATE BALANCE
- ------------------- ---------- ------------------ -----------------
1994 1 $264,000.00 0.0529%
1997 1 $397,377.15 0.0797%
1998 21 $7,358,925.60 1.4755%
1999 1,454 $490,730,412.99 98.3919%
Total 1,477 $498,750,715.74 100.0000%
d) The following table sets forth information, as of the Cut-off Date, with
respect to the loan-to-value ratios of the Mortgage Loans at origination in
Pool 99-13:
LOAN-TO-VALUE
RATIO AT # OF AGGREGATE BALANCES % OF POOL BY
ORIGINATION LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
- ----------- ----- ------------------ -----------------
00.000 - 50.00 61 $21,514,670.66 4.3137%
50.001 - 60.00 83 $29,485,865.59 5.9119%
60.001 - 70.00 187 $67,568,191.03 13.5475%
70.001 - 75.00 198 $70,238,481.27 14.0829%
75.001 - 80.00 732 $247,266,862.23 49.5773%
80.001 - 85.00 33 $10,525,202.88 2.1103%
85.001 - 90.00 109 $33,449,189.15 6.7066%
90.001 - 95.00 74 $18,702,252.93 3.7498%
Total 1,477 $498,750,715.74 100.0000%
e) The following table sets forth information, as of the Cut-off Date, with
respect to the type of Mortgaged Properties securing the Mortgage Loans in
Pool 99-13:
TYPE OF DWELLING # OF LOANS AGGREGATE BALANCES % OF POOL BY
AS OF CUT-OFF DATE AGGREGATE BALANCE
- ---------------- ---------- ------------------ -----------------
Single-family detached 1,364 $465,579,732.91 93.3492%
Single-family attached 17 $4,322,703.92 0.8667%
Condominium 49 $14,159,467.35 2.8390%
2 - 4 Family Units 36 $12,538,498.69 2.5140%
Co-op 11 $2,150,312.87 0.4311%
Total 1,477 $498,750,715.74 100.0000%
f) The following table sets forth information, as of the Cut-off Date, with
respect to the occupancy status of the Mortgaged Properties securing the
Mortgage Loans as represented by the mortgagors at origination in Pool
99-13:
# OF LOANS AGGREGATE BALANCES % OF POOL BY
OCCUPANCY AS OF CUT-OFF DATE AGGREGATE BALANCE
- --------- ---------- ------------------ -----------------
Owner Occupied 1,439 $487,135,826.52 97.6712%
Vacation 22 $6,642,823.68 1.3319%
Investment 16 $4,972,065.54 0.9969%
Total 1,477 $498,750,715.74 100.0000%
g) The following table sets forth information, as of the Cut-off Date, with
respect to the geographic distribution of the Mortgaged Properties securing
the Mortgage Loans in Pool 99-13:
STATE # OF LOANS AGGREGATE BALANCES % OF POOL BY
AS OF CUT-OFF DATE AGGREGATE BALANCE
- ----- ---------- ------------------ -----------------
Alabama 4 $1,282,244.84 0.2571%
Arizona 32 $10,278,454.81 2.0608%
Arkansas 4 $1,440,283.47 0.2888%
California 651 $223,594,620.14 44.8310%
Colorado 47 $15,668,050.68 3.1415%
Connecticut 26 $10,534,822.99 2.1122%
Delaware 4 $1,522,067.36 0.3052%
District Of Columbia 8 $2,430,893.68 0.4874%
Florida 24 $6,579,252.39 1.3191%
Georgia 55 $19,153,042.05 3.8402%
Hawaii 2 $835,600.10 0.1675%
Idaho 1 $427,000.00 0.0856%
Illinois 56 $19,116,301.80 3.8328%
Indiana 6 $2,048,014.75 0.4106%
Iowa 3 $856,760.65 0.1718%
Kansas 1 $334,000.00 0.0670%
Kentucky 3 $857,400.00 0.1719%
Louisiana 1 $359,712.11 0.0721%
Maine 3 $605,661.39 0.1214%
Maryland 58 $20,256,551.57 4.0615%
Massachusetts 71 $23,077,756.18 4.6272%
Michigan 4 $1,854,426.84 0.3718%
Minnesota 4 $1,337,035.47 0.2681%
Mississippi 1 $344,000.00 0.0690%
Missouri 12 $4,248,492.35 0.8518%
Nebraska 1 $317,739.34 0.0637%
Nevada 8 $2,369,098.58 0.4750%
New Hampshire 5 $1,564,734.50 0.3137%
New Jersey 91 $31,093,567.49 6.2344%
New Mexico 4 $1,424,938.26 0.2857%
New York 38 $11,962,028.42 2.3984%
North Carolina 11 $3,544,283.53 0.7106%
Ohio 12 $4,085,863.00 0.8192%
Oregon 28 $9,085,133.13 1.8216%
Pennsylvania 31 $9,881,874.40 1.9813%
Rhode Island 1 $319,762.52 0.0641%
South Carolina 4 $1,207,026.90 0.2420%
South Dakota 1 $255,790.16 0.0513%
Tennessee 4 $1,540,100.00 0.3088%
Texas 31 $10,226,440.99 2.0504%
Utah 11 $3,168,432.77 0.6353%
Vermont 1 $280,000.00 0.0561%
Virginia 52 $16,519,908.43 3.3123%
Washington 57 $19,225,013.93 3.8546%
Wisconsin 5 $1,636,533.77 0.3281%
Total 1,477 $498,750,715.74 100.0000%
h) The following table sets forth information, as of the Cut-off Date, with
respect to the maturity dates of the Mortgage Loans in Pool 99-13:
YEAR OF MATURITY # OF LOANS AGGREGATE BALANCES % OF POOL BY
AS OF CUT-OFF DATE AGGREGATE BALANCE
- ---------------- ---------- ------------------ -----------------
2019 21 $6,473,379.60 1.2979%
2024 6 $2,437,070.82 0.4886%
2028 17 $6,866,424.98 1.3767%
2029 1,433 $482,973,840.34 96.8368%
Total 1,477 $498,750,715.74 100.0000%
The weighted average scheduled remaining term to maturity of the Mortgage Loans
in Pool 99-13 calculated as of the Cut-off Date is 357.29 months.
i) The following table sets forth information, as of the Cut-off Date, with
respect to the purpose of the Mortgage Loans in Pool 99-13:
# OF LOANS AGGREGATE BALANCES % OF POOL BY
PURPOSE OF LOAN AS OF CUT-OFF DATE AGGREGATE BALANCE
- --------------- ---------- ------------------ -----------------
Purchase 722 $242,172,108.33 48.5557%
Rate Term/Refinance 492 $166,760,295.47 33.4356%
Cash-out Refinance 263 $89,818,311.94 18.0087%
Total 1,477 $498,750,715.74 100.0000%
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS.
1.1 The Underwriting Agreement, dated as of January 22, 1998, and the
related Terms Agreement, dated as of June 22, 1999, for certain of the
Series 1999-13 Certificates between GE Capital Mortgage Services, Inc.
and Merrill Lynch, Pierce, Fenner & Smith Incorporated.
4.1 The Pooling and Servicing Agreement for the Series 1999-13
Certificates, dated as of June 1, 1999, between GE Capital Mortgage
Services, Inc., as seller and servicer, and State Street Bank and
Trust Company, as trustee.
<PAGE>
SIGNATURES
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 thereunto duly authorized.
GE Capital Mortgage Services, Inc.
By: /s/ Syed W. Ali
-----------------------------
Name: Syed W. Ali
Title: Vice President
Dated as of June 24, 1999
<PAGE>
SIGNATURES
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 thereunto duly authorized.
GE Capital Mortgage Services, Inc.
By: /s/ Syed W. Ali
-----------------------------
Name: Syed W. Ali
Title: Vice President
Dated as of June 24, 1999
<PAGE>
EXHIBIT INDEX
The exhibits are being filed herewith:
EXHIBIT NO. DESCRIPTION PAGE
----------- ----------- ----
1.1 The Underwriting Agreement, dated as of
January 22, 1998, and the related Terms
Agreement, dated as of June 22, 1999,
for certain of the Series 1999-13
Certificates between GE Capital Mortgage
Services, Inc. and Merrill Lynch,
Pierce, Fenner & Smith Incorporated.
4.1 The Pooling and Servicing Agreement for
the Series 1999-13 Certificates, dated
as of June 1, 1999, between GE Capital
Mortgage Services, Inc., as seller and
servicer, and State Street Bank and
Trust Company, as trustee.
Execution
GE CAPITAL MORTGAGE SERVICES, INC.
PASS-THROUGH CERTIFICATES
(Issuable in Series)
UNDERWRITING AGREEMENT
Merrill Lynch, Pierce, Fenner & Smith New York, New York
Incorporated January 22, 1998
Merrill Lynch World Headquarters
North Tower
World Financial Center
New York, New York 10281-1201
Ladies and Gentlemen:
GE Capital Mortgage Services, Inc., a corporation organized and existing
under the laws of the State of New Jersey (the "Company"), may offer for sale to
you (the "Underwriter") from time to time its Pass-Through Certificates
evidencing interests in pools of mortgage loans (the "Certificates"). The
Certificates may be issued in various series, and within each series, in one or
more classes, in one or more offerings on terms determined at the time of sale
(each such series, a "Series" and each such class, a "Class"). Each Series of
the Certificates will be issued under a separate Pooling and Servicing Agreement
(each, a "Pooling and Servicing Agreement") to be dated as of the respective
cut-off date (each, a "Cut-off Date") between the Company, as seller and
servicer, and State Street Bank and Trust Company, as trustee (the "Trustee").
Capitalized terms used but not defined herein shall have the meanings given to
them in the related Pooling and Servicing Agreement.
The Certificates issued under each Pooling and Servicing Agreement will
represent the entire beneficial ownership interest in a trust fund (the "Trust
Fund") established by such Pooling and Servicing Agreement. The assets of each
Trust Fund will consist primarily of one or more pools of conventional, fixed
rate, first lien, fully amortizing, one- to four-family residential mortgage
loans (the "Mortgage Loans") having the original terms to maturity specified in
the related Terms Agreement referred to hereinbelow. If so specified in the
related Terms Agreement, one or more elections may be made to treat the assets
of each Trust Fund as a real estate mortgage investment conduit (each, a
"REMIC") for federal income tax purposes.
Whenever the Company determines to make an offering of Certificates (each,
a "Certificate Offering") pursuant to this Agreement through you, it will enter
into an agreement with you (the "Terms Agreement") providing for the sale of
specified Classes of Offered Certificates (as defined below) to, and the
purchase and public offering thereof by, you. Each such Certificate Offering
which the Company elects to make pursuant to this Agreement shall be governed by
this Agreement, as supplemented by the related Terms Agreement. Each Terms
Agreement, which shall be substantially in the form of Exhibit A hereto, shall
specify, among other things, the Classes of Certificates to be purchased by the
Underwriter (the "Offered Certificates"), the principal balance or balances of
the Offered Certificates, each subject to any stated variance, and the price or
prices at which such Offered Certificates are to be purchased by the Underwriter
from the Company.
1. Representations and Warranties. (a) The Company represents and warrants
to and agrees with the Underwriter, as of the date of the related Terms
Agreement, that:
(i) The registration statement specified in the related Terms
Agreement, on Form S-3, including a prospectus, has been filed with the
Securities and Exchange Commission (the "Commission") for the registration
under the Securities Act of 1933, as amended (the "Act"), of pass-through
certificates issuable in series, which registration statement has been
declared effective by the Commission. Such registration statement, as
amended to the date of the related Terms Agreement, including any documents
incorporated by reference therein pursuant to Item 12 of Form S-3 under the
Act which were filed under the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), on or before the effective date of the Registration
Statement, is hereinafter called the "Registration Statement", and such
prospectus, as such prospectus is supplemented by a prospectus supplement
relating to the Offered Certificates of the related Series, each in the
form first filed after the date of the related Terms Agreement pursuant to
Rule 424(b) under the Act, including any documents incorporated by
reference therein pursuant to Item 12 of Form S-3 under the Act which were
filed under the Exchange Act on or before the date of such prospectus
supplement (other than any such incorporated documents that relate to
Collateral Term Sheets (as defined herein))(such prospectus supplement,
including such incorporated documents (other than those that relate to
Collateral Term Sheets), in the form first filed after the date of the
related Terms Agreement pursuant to Rule 424(b) is hereinafter called the
"Prospectus Supplement"), is hereinafter called the "Prospectus". Any
reference herein to the terms "amend", "amendment" or "supplement" with
respect to the Registration Statement, the Prospectus or the Prospectus
Supplement shall be deemed to refer to and include the filing of any
document under the Exchange Act after the effective date of the
Registration Statement or the issue date of the Prospectus or Prospectus
Supplement, as the case may be, deemed to be incorporated therein by
reference pursuant to Item 12 of Form S-3 under the Act.
(ii) The related Registration Statement, at the time it became
effective, and the Prospectus contained therein, and any amendments thereof
and supplements thereto filed prior to the date of the related Terms
Agreement, conformed in all material respects to the requirements of the
Act and the rules and regulations of the Commission thereunder; on the date
of the related Terms Agreement and on each Closing Date (as defined in
Section 3 below), the related Registration Statement and the related
Prospectus, and any amendments thereof and supplements thereto, will
conform in all material respects to the requirements of the Act and the
rules and regulations of the Commission thereunder; such Registration
Statement, at the time it became effective, did not contain any untrue
statement of a material fact or omit to state a material fact required to
be stated therein or necessary to make the statements therein not
misleading; such Prospectus, on the date of any filing pursuant to Rule
424(b) and on each Closing Date, will not include any untrue statement of a
material fact or omit to state a material fact necessary to make the
statements therein, in the light of the circumstances under which they are
made, not misleading; and the Detailed Description referred to in such
Prospectus, on each Closing Date and the date of any filing thereof under
cover of Form 8-K, will not include any untrue statement of a material fact
or omit to state any information which such Prospectus states will be
included in such Detailed Description; provided, however, that the Company
makes no representations or warranties as to the information contained in
or omitted from (A) such Registration Statement or such Prospectus (or any
supplement thereto) in reliance upon and in conformity with written
information furnished to the Company by or on behalf of the Underwriter
specifically for use in the preparation thereof or (B) any Current Report
(as defined in Section 5(b) below), or in any amendment thereof or
supplement thereto, incorporated by reference in such Registration
Statement or such Prospectus (or any amendment thereof or supplement
thereto).
(iii) The Certificates of the related Series will conform to the
description thereof contained in the related Prospectus; will each, if
rated at the time of issuance in one of the two highest rating categories
by a nationally recognized statistical rating organization, be when issued
a "mortgage related security" as such term is defined in Section 3(a)(41)
of the Exchange Act, and will each on the related Closing Date be duly and
validly authorized, and, when validly executed, countersigned, issued and
delivered in accordance with the related Pooling and Servicing Agreement
and sold to you as provided herein and in the related Terms Agreement, will
each be validly issued and outstanding and entitled to the benefits of the
related Pooling and Servicing Agreement.
(iv) Neither the issuance nor sale of the Certificates of the related
Series nor the consummation of any other of the transactions herein
contemplated, nor the fulfillment of the terms hereof or of the related
Terms Agreement, will conflict with any statute, order or regulation
applicable to the Company of any court, regulatory body, administrative
agency or governmental body having jurisdiction over the Company or with
any organizational document of the Company or any instrument or any
agreement under which the Company is bound or to which it is a party.
(v) This Agreement and the related Terms Agreement have been duly
authorized, executed and delivered by the Company.
(vi) At or prior to the related Closing Date, the Company will have
entered into the related Pooling and Servicing Agreement and, assuming the
due authorization, execution and delivery thereof by the Trustee, such
Pooling and Servicing Agreement (on such Closing Date) will constitute the
valid and binding agreement of the Company enforceable in accordance with
its terms, subject as to enforceability, to bankruptcy, insolvency,
reorganization or other similar laws affecting creditors' rights and to
general principles of equity (regardless of whether the enforceability of
such Pooling and Servicing Agreement is considered in a proceeding in
equity or at law).
2. Purchase and Sale. Subject to the execution of the Terms Agreement for a
particular Certificate Offering and subject to the terms and conditions and in
reliance upon the representations and warranties set forth in this Agreement and
such Terms Agreement, the Company agrees to sell to the Underwriter, and the
Underwriter agrees to purchase from the Company, all, but not less than all, of
the related Offered Certificates at the purchase price therefor set forth in
such Terms Agreement (the "Purchase Price").
The parties hereto agree that settlement for all securities sold pursuant
to this Agreement and the applicable Terms Agreement shall take place on the
settlement date agreed upon at the time of the related transaction and set forth
as the "Closing Date" in such Terms Agreement and not as set forth in Rule
15c6-1(a) of the Exchange Act.
3. Delivery and Payment. Delivery of and payment for the Offered
Certificates of a Series shall be made at the offices of Cleary, Gottlieb, Steen
& Hamilton, New York, New York, at 10:00 A.M., New York City time, on the
Closing Date specified in the related Terms Agreement, which date and time may
be postponed by agreement between the Underwriter and the Company (such date and
time being herein called the "Closing Date"). Delivery of such Offered
Certificates shall be made to the Underwriter against payment by the Underwriter
of the Purchase Price thereof to or upon the order of the Company by wire
transfer in federal or other immediately available funds or by check payable in
federal funds, as the Company shall specify no later than five full business
days prior to such Closing Date. Unless delivery is made through the facilities
of The Depository Trust Company, the Offered Certificates shall be registered in
such names and in such authorized denominations as the Underwriter may request
not less than two full business days in advance of each Closing Date.
The Company agrees to notify the Underwriter at least two business days
before each Closing Date of the exact principal balance evidenced by the Offered
Certificates and to have such Offered Certificates available for inspection,
checking and packaging in New York, New York, no later than 12:00 noon on the
business day prior to such Closing Date.
4. Offering by the Underwriter. It is understood that the Underwriter
proposes to offer the Offered Certificates of the related Series for sale to the
public as set forth in the related Prospectus.
5. Agreements. The Company agrees with the Underwriter that:
(a) The Company will cause the Prospectus as supplemented by a
Prospectus Supplement relating to the Offered Certificates to be filed
pursuant to Rule 424 under the Act and will promptly advise the Underwriter
when such Prospectus as so supplemented has been so filed, and prior to the
termination of the Certificate Offering to which such Prospectus relates
also will promptly advise the Underwriter (i) when any amendment to the
related Registration Statement specifically relating to such Offered
Certificates shall have become effective or any further supplement to such
Prospectus has been filed, (ii) of any request by the Commission for any
amendment of such Registration Statement or Prospectus or for any
additional information, (iii) of the issuance by the Commission of any stop
order suspending the effectiveness of such Registration Statement or the
institution or threatening of any proceeding for that purpose and (iv) of
the receipt by the Company of any written notification with respect to the
suspension of the qualification of such Offered Certificates for sale in
any jurisdiction or the initiation or threatening of any proceeding for
such purpose. The Company will not file any amendment of the related
Registration Statement or supplement to the related Prospectus (other than
any amendment or supplement specifically relating to one or more Series of
pass-through certificates other than the Series that includes the related
Offered Certificates) unless the Company has furnished the Underwriter with
a copy for its review prior to filing. The Company will use its best
efforts to prevent the issuance of any such stop order and, if issued, to
obtain as soon as possible the withdrawal thereof.
(b) The Company will cause any Computational Materials and any
Structural Term Sheets (each as defined in Section 8 below) with respect to
the Offered Certificates of a Series that are delivered by the Underwriter
to the Company pursuant to Section 8 to be filed with the Commission on a
Current Report on Form 8-K (each such filing of such materials, a "Current
Report") pursuant to Rule 13a- 11 under the Exchange Act on the business
day immediately following the later of (i) the day on which such
Computational Materials and Structural Term Sheets are delivered to counsel
for the Company by the Underwriter prior to 10:30 a.m. and (ii) the date on
which this Agreement is executed and delivered. The Company will cause one
Collateral Term Sheet (as defined in Section 9 below) with respect to the
Offered Certificates of a Series that is delivered by the Underwriter to
the Company in accordance with the provisions of Section 9 to be filed with
the Commission on a Current Report pursuant to Rule 13a-11 under the
Exchange Act on the business day immediately following the day on which
such Collateral Term Sheet is delivered to counsel for the Company by the
Underwriter prior to 10:30 a.m. In addition, if at any time prior to the
availability of the related Prospectus Supplement the Underwriter has
delivered to any prospective investor a Collateral Term Sheet that
reflects, in the reasonable judgment of the Underwriter and the Company, a
material change in the characteristics of the Mortgage Loans for the
related Series from those on which a Collateral Term Sheet with respect to
the related Series previously filed with the Commission was based, the
Company will cause any such Collateral Term Sheet that is delivered by the
Underwriter to the Company in accordance with the provisions of Section 9
to be filed with the Commission on a Current Report on the business day
immediately following the day on which such Collateral Term Sheet is
delivered to counsel for the Company by the Underwriter prior to 10:30 a.m.
In each case, the Company will promptly advise the Underwriter when such
Current Report has been so filed. Each such Current Report shall be
incorporated by reference in the related Prospectus and the related
Registration Statement. Notwithstanding the five preceding sentences, the
Company shall have no obligation to file any materials provided by the
Underwriter pursuant to Sections 8 and 9 which, in the reasonable
determination of the Company after making reasonable efforts to consult
with the Underwriter, are not required to be filed pursuant to the Kidder
Letters or the PSA Letter (each as defined in Section 8 below), or which
contain erroneous information or contain any untrue statement of a material
fact or, when read in conjunction with the Prospectus and Prospectus
Supplement, omit to state a material fact required to be stated therein or
necessary to make the statements therein not misleading; it being
understood, however, that the Company shall have no obligation to review or
pass upon the accuracy or adequacy of, or to correct, any Computational
Materials, Structural Term Sheets or Collateral Term Sheets provided by the
Underwriter to the Company pursuant to Section 8 or Section 9 hereof.
(c) If, at any time when a prospectus relating to the Offered
Certificates of a Series is required to be delivered under the Act, any
event occurs as a result of which the related Prospectus as then amended or
supplemented would include any untrue statement of a material fact or omit
to state any material fact necessary to make the statements therein in
light of the circumstances under which they were made not misleading, or if
it shall be necessary at any time to amend or supplement the related
Prospectus to comply with the Act or the rules thereunder, the Company
promptly will prepare and file with the Commission, subject to paragraph
(a) of this Section 5, an amendment or supplement which will correct such
statement or omission or an amendment which will effect such compliance;
provided, however, that the Company will not be required to file any such
amendment or supplement with respect to any Computational Materials,
Structural Term Sheets or Collateral Term Sheets incorporated by reference
in the Prospectus other than any amendments or supplements of such
Computational Materials or Structural Term Sheets that are furnished to the
Company by the Underwriter pursuant to Section 8(e) hereof or any
amendments or supplements of such Collateral Term Sheets that are furnished
to the Company by the Underwriter pursuant to Section 9(d) hereof which the
Company determines to file in accordance therewith.
(d) The Company will furnish to the Underwriter and counsel for the
Underwriter, without charge, as many signed copies of the related
Registration Statement (including exhibits thereto) and, so long as
delivery of a prospectus by the Underwriter or dealer may be required by
the Act, as many copies of the related Prospectus and any supplements
thereto (other than exhibits to the related Current Report) as the
Underwriter may reasonably request.
(e) The Company will furnish such information, execute such
instruments and take such actions as may be reasonably requested by the
Underwriter to qualify the Offered Certificates of a Series for sale under
the laws of such jurisdictions as the Underwriter may designate, to
maintain such qualifications in effect so long as required for the
distribution of such Offered Certificates and to determine the legality of
such Offered Certificates for purchase by institutional investors;
provided, however, that the Company shall not be required to qualify to do
business in any jurisdiction where it is not qualified on the date of the
related Terms Agreement or to take any action which would subject it to
general or unlimited service of process in any jurisdiction in which it is
not, on the date of the related Terms Agreement, subject to such service of
process.
(f) So long as the Offered Certificates of a Series are outstanding,
the Company will furnish to the Underwriter copies of the annual
independent public accountants' servicing report furnished to the Trustee
pursuant to Section 3.13 of the related Pooling and Servicing Agreement.
(g) Whether or not the transactions contemplated hereby and by the
related Terms Agreement shall be consummated, the Company shall be
responsible for the payment of any costs and expenses for which details are
submitted, in connection with the performance of its obligations under this
Agreement and the related Terms Agreement, including, without limitation,
(a) the cost and expenses of printing or otherwise reproducing the related
Registration Statement or Prospectus, this Agreement, the related Terms
Agreement, the related Pooling and Servicing Agreement and the Offered
Certificates, and (b) the cost of delivering the related Offered
Certificates to the office of the Underwriter, insured to the satisfaction
of the Underwriter (it being understood that, except as provided in this
paragraph (g) and in Section 7 hereof, the Underwriter will pay all its own
costs and expenses, including the fees of Brown & Wood LLP, counsel for the
Underwriter, transfer taxes on resale of any Offered Certificates by it,
advertising expenses connected with any offers that it may make, the fees
of KPMG Peat Marwick LLP with respect to its letters furnished pursuant to
Section 6(i) of this Agreement and any letter furnished pursuant to the
last sentence of Section 6(h) hereof, the fees of any firm of public
accountants selected by the Underwriter with respect to their letter
furnished pursuant to Section 8(c) of this Agreement, any other costs and
expenses specified in the related Terms Agreement as "Additional Expenses",
and all expenses (e.g., shipping, postage and courier costs) associated
with the delivery of the related Prospectus to prospective investors and
investors, other than the costs of delivery to the Underwriter's
facilities, provided, that if courier services (other than overnight
delivery services utilized in the ordinary course of business) are required
to ensure that such Prospectus is delivered to investors on the day
immediately preceding the related Closing Date, the Company will pay such
courier expenses).
6. Conditions to the Obligations of the Underwriter. The obligations of the
Underwriter to purchase the Offered Certificates of any Series shall be subject
to the accuracy in all material respects of the representations and warranties
on the part of the Company contained in this Agreement, as supplemented by the
related Terms Agreement, as of the respective dates thereof and the related
Closing Date, to the accuracy of the statements of the Company made in any
applicable officers' certificates pursuant to the provisions hereof, to the
performance by the Company of its obligations under this Agreement and such
Terms Agreement and to the following additional conditions applicable to the
related Certificate Offering:
(a) No stop order suspending the effectiveness of the related
Registration Statement shall have been issued and no proceedings for that
purpose shall have been instituted or threatened.
(b) Cleary, Gottlieb, Steen & Hamilton, counsel for the Company, shall
have furnished to the Underwriter an opinion, dated the related Closing
Date, to the effect that:
(i) this Agreement and the related Terms Agreement have been duly
executed and delivered by the Company under the law of the State of
New York;
(ii) the related Pooling and Servicing Agreement has been duly
executed and delivered by the Company under the law of the State of
New York and is a legal, valid and binding agreement of the Company
enforceable against the Company in accordance with its terms;
(iii) the Offered Certificates, when duly executed and
countersigned by the Trustee in accordance with the related Pooling
and Servicing Agreement, will be validly issued and outstanding and
entitled to the benefits of such Pooling and Servicing Agreement;
(iv) the related Pooling and Servicing Agreement is not required
to be qualified under the Trust Indenture Act of 1939, as amended, and
the trust created thereunder is not required to be registered under
the Investment Company Act of 1940, as amended;
(v) such counsel confirms that (based solely upon telephone
confirmation from a representative of the Commission) the related
Registration Statement is effective under the Act and, to the best of
such counsel's knowledge, no stop order with respect thereto has been
issued, and no proceeding for that purpose has been instituted or
threatened by the Commission; such Registration Statement (except the
financial statements and schedules and other financial and statistical
data included therein and the documents incorporated by reference
therein, as to which such counsel need express no view), at the time
it became effective and the related Prospectus (except the financial
statements and schedules and the other financial and statistical data
included therein, the documents incorporated by reference therein), as
of the date of the Prospectus Supplement appeared on their face to be
appropriately responsive in all material respects to the requirements
of the Act and the rules and regulations thereunder; and no
information has come to the attention of such counsel that causes it
to believe that (A) such Registration Statement (except the financial
statements and schedules and the other financial and statistical data
included therein and the documents incorporated by reference therein,
as to which such counsel need express no view) at the time it became
effective, contained an untrue statement of a material fact or omitted
to state a material fact required to be stated therein or necessary to
make the statements therein not misleading or (B) such Prospectus or
any amendment or supplement thereto (except the financial statements
and schedules and the other financial and statistical data included
therein, the documents incorporated by reference therein and the
information included in the second sentence of the antepenultimate
paragraph, the first sentence of the penultimate paragraph, and the
last paragraph of the cover page of such Prospectus Supplement and in
the second and fourth sentences of the first paragraph under the
heading "Plan of Distribution" therein, as to which such counsel need
express no view), as of the date of the Prospectus Supplement, or at
the related Closing Date, contained or contains an untrue statement of
a material fact or omitted or omits to state a material fact necessary
in order to make the statements therein, in the light of the
circumstances under which they were made, not misleading;
(vi) the statements set forth under the heading "Description of
the Certificates" in the related Prospectus, insofar as such
statements purport to summarize certain provisions of the related
Pooling and Servicing Agreement and the related Offered Certificates,
provide a fair summary of such provisions;
(vii) the statements set forth in the related Prospectus under
the headings "Certain Legal Aspects of the Mortgage Loans and
Contracts -- The Mortgage Loans", "Certain Federal Income Tax
Consequences" (insofar as they relate specifically to the purchase,
ownership and disposition of the related Offered Certificates) and
"ERISA Considerations" (insofar as they relate specifically to the
purchase, ownership and disposition of such Offered Certificates), to
the extent that they constitute matters of law or legal conclusions,
provide a fair summary of such law or conclusions;
(viii) assuming compliance with all provisions of the related
Pooling and Servicing Agreement, for federal income tax purposes, (A)
if any election is made to treat the assets of the Trust Fund as a
REMIC: the related Trust Fund (and any specified subgrouping therein)
will qualify as a REMIC pursuant to Section 860D of the Internal
Revenue Code of 1986, as amended (the "Code"), each Class of
Certificates of the related Series, other than the related Residual
Class or Classes, will constitute a class of "regular interests" in
the related REMIC within the meaning of the Code, and each Class of
such Certificates specified in the related Prospectus as a Class of
Residual Certificates will constitute the "residual interest" in the
related REMIC within the meaning of the Code; (B) if no such REMIC
election is made: the Trust Fund will be treated as a "grantor trust";
and
(ix) assuming that some or all of the Offered Certificates of the
related Series shall be rated at the time of issuance in one of the
two highest rating categories by a nationally recognized statistical
rating organization, each Offered Certificate so rated will be at the
time of issuance, a "mortgage related security" as such term is
defined in Section 3(a)(41) of the Exchange Act.
Such opinion may express its reliance as to factual matters on the
representations and warranties made by, and on certificates or other
documents furnished by, officers of the parties to this Agreement, the
related Terms Agreement or the related Pooling and Servicing
Agreement. Such opinion may assume the due authorization, execution
and delivery of the instruments and documents referred to therein by
the parties thereto other than the Company. Such opinion may be
qualified, insofar as it concerns the enforceability of the documents
referred to therein, to the extent that such enforceability may be
limited by bankruptcy, insolvency, reorganization or other similar
laws affecting the enforcement of creditors' rights in general and by
general equity principles (regardless of whether such enforcement is
considered in a proceeding in equity or at law). Such opinion may be
further qualified as expressing no opinion as to (x) the statements in
the related Prospectus under the heading "Certain Legal Aspects of the
Mortgage Loans and Contracts -- The Mortgage Loans" except insofar as
such statements relate to the laws of the State of New York and the
laws of the United States, and (y) the statements in such Prospectus
under the headings "ERISA Considerations" and "Certain Federal Income
Tax Consequences" except insofar as such statements relate to the laws
of the United States. In addition, such opinion may be qualified as an
opinion only on the law of the State of New York and the federal law
of the United States of America.
(c) The General Counsel for the Company shall have furnished to the
Underwriter an opinion, dated the related Closing Date, to the effect that:
(i) The Company has been duly incorporated and is validly
existing as a corporation in good standing under the laws of the State
of New Jersey, with corporate power to own its properties, to conduct
its business as described in the related Prospectus and to enter into
and perform its obligations under this Agreement, the related Terms
Agreement, the related Pooling and Servicing Agreement and the
Certificates of the related Series;
(ii) The Company has full power and authority to sell and service
the related Mortgage Loans as contemplated herein and in the related
Pooling and Servicing Agreement;
(iii) This Agreement, the related Terms Agreement and the related
Pooling and Servicing Agreement have been duly authorized, executed
and delivered by the Company under the law of the State of New Jersey;
(iv) The issuance and sale of the Offered Certificates have been
duly authorized by the Company;
(v) No consent, approval, authorization or order of any court or
governmental agency or body is required for the consummation by the
Company of the transactions contemplated herein or in the related
Pooling and Servicing Agreement, except such as may be required under
the blue sky laws of any jurisdiction and such other approvals as have
been obtained;
(vi) Neither the issuance of the Certificates of the related
Series nor delivery of the related Offered Certificates, nor the
consummation of any other of the transactions contemplated in this
Agreement, the related Terms Agreement or the related Pooling and
Servicing Agreement, nor the fulfillment of the terms of the related
Certificates, the related Pooling and Servicing Agreement, this
Agreement or the related Terms Agreement will conflict with or violate
any term or provision of the articles of incorporation or by-laws of
the Company or any statute, order or regulation applicable to the
Company of any court, regulatory body, administrative agency or
governmental body having jurisdiction over the Company and will not
conflict with, result in a breach or violation or the acceleration of
or constitute a default under the terms of any indenture or other
agreement or instrument known to such counsel to which the Company is
a party or by which it is bound; and
(vii) There are no actions, proceedings or investigations pending
or, to the best knowledge of such counsel, threatened before any
court, administrative agency or other tribunal (i) asserting the
invalidity of this Agreement, the related Terms Agreement, the related
Pooling and Servicing Agreement or the related Certificates, (ii)
seeking to prevent the issuance of the Certificates of the related
Series or the consummation by the Company of any of the transactions
contemplated by this Agreement, such Terms Agreement or such Pooling
and Servicing Agreement, or (iii) which might materially and adversely
affect the performance by the Company of its obligations under, or the
validity or enforceability of, this Agreement, such Terms Agreement,
such Pooling and Servicing Agreement or the related Certificates.
In rendering his or her opinion such counsel may rely as to matters of
fact, to the extent deemed proper and as stated therein, on
certificates of responsible officers of the Company or public
officials. In addition, such opinion may be qualified as an opinion
only on the laws of the State of New Jersey.
(d) The Underwriter shall have received from Brown & Wood LLP, counsel
for the Underwriter, such opinion or opinions, dated the related Closing
Date, with respect to the issuance and sale of the Certificates of the
related Series, the related Registration Statement, the related Prospectus
and such other related matters as the Underwriter may reasonably require,
and the Company shall have furnished to such counsel such documents as the
Underwriter may reasonably request for the purpose of enabling them to pass
upon such matters.
(e) The Company shall have furnished to the Underwriter a certificate
of the Company, signed by the President or any Vice President and the
Senior Vice President-Finance or the principal financial or accounting
officer of the Company, dated the related Closing Date, to the effect that
the signers of such certificate have carefully examined the related
Registration Statement (excluding any Current Reports and any other
documents incorporated by reference therein), the related Prospectus, the
Detailed Description referred to in such Prospectus (excluding any related
Current Report), this Agreement and the related Terms Agreement and that:
(i) the representations and warranties of the Company in this
Agreement are true and correct in all material respects on and as of
the related Closing Date with the same effect as if made on such
Closing Date, and the Company has complied with all the agreements and
satisfied all the conditions on its part to be performed or satisfied
at or prior to such Closing Date;
(ii) no stop order suspending the effectiveness of such
Registration Statement has been issued and no proceedings for that
purpose have been instituted or, to their knowledge, threatened; and
(iii) nothing has come to their attention that would lead them to
believe that such Registration Statement (excluding any Current
Report) contains any untrue statement of a material fact or omits to
state any material fact required to be stated therein or necessary to
make the statements therein not misleading, that the related
Prospectus (excluding any related Current Report) contains any untrue
statement of a material fact or omits to state a material fact
required to be stated therein or necessary to make the statements
therein, in the light of the circumstances under which they were made,
not misleading, or that the Detailed Description referred to in such
Prospectus includes any untrue statement of a material fact or omits
to state any information which the Prospectus states will be included
in such Detailed Description.
(f) Peabody & Arnold, counsel for the Trustee, shall have furnished to
the Underwriter an opinion, dated the related Closing Date, to the effect
that:
(i) the Trustee has been duly incorporated and is validly
existing as a corporation in good standing under the laws of the
Commonwealth of Massachusetts with corporate power to own its
properties and conduct its business as presently conducted by it, to
conduct business as a trustee and to enter into and perform its
obligations under the related Pooling and Servicing Agreement;
(ii) the related Pooling and Servicing Agreement has been duly
authorized, executed and delivered by the Trustee and constitutes the
legal, valid and binding agreement of the Trustee enforceable against
the Trustee in accordance with its terms, subject to bankruptcy,
insolvency, fraudulent conveyance, reorganization or other similar
laws affecting the enforcement of creditors' rights generally and to
judicial discretion, and general principles of equity (regardless of
whether enforcement is sought in a proceeding in equity or at law);
(iii) the Trustee has duly accepted its appointment as trustee
under the related Pooling and Servicing Agreement;
(iv) no consent, approval, authorization or order of any
Massachusetts or federal court or government agency or body is
required on the part of the Trustee for the consummation of the
transactions contemplated in the related Pooling and Servicing
Agreement, except such as may be required under any federal or state
securities law; and
(v) the performance on the part of the Trustee of any of the
transactions contemplated in the related Pooling and Servicing
Agreement does not conflict with or result in a breach or violation of
any term or provision of, or constitute a default under, the Articles
of Organization, as amended, or By-Laws of the Trustee, or any
Massachusetts or federal statute or regulation applicable to the
Trustee, or to such counsel's knowledge, any indenture or other
agreement or instrument to which the Trustee is a party or by which it
is bound, or, to such counsel's knowledge, any order of any state or
federal court, regulatory body, administrative agency or governmental
body having jurisdiction over the Trustee.
In addition, such counsel shall furnish to the Underwriter such
opinions as to the treatment of the Trust Fund for purposes of
Massachusetts tax law as are reasonably satisfactory to the
Underwriter.
(g) KPMG Peat Marwick LLP shall have furnished to the Underwriter a
letter, dated as of the date of the related Terms Agreement, in form and
substance satisfactory to the Underwriter, stating in effect that they have
performed certain specified procedures as a result of which they have
determined that such information as the Underwriter may reasonably request
of an accounting, financial or statistical nature (which is limited to
accounting, financial or statistical information derived from the general
accounting records of the Company) set forth in the related Prospectus
Supplement under the caption "Delinquency and Foreclosure Experience of the
Company" agrees with the accounting records of the Company, excluding any
questions of legal interpretation.
(h) KPMG Peat Marwick LLP shall have furnished to the Underwriter a
letter, dated as of the related Closing Date, in form and substance
satisfactory to the Underwriter, stating in effect that they have performed
certain specified procedures as a result of which they have determined that
such information as the Underwriter may reasonably request of an
accounting, financial or statistical nature (which is limited to
accounting, financial or statistical information derived from the general
accounting records of the Company and which is obtained from an analysis of
a sample of the Mortgage Loans included in the related pool) set forth in
the related Prospectus Supplement under the caption "Description of the
Mortgage Pool and the Mortgaged Properties" or "Description of the Mortgage
Pools and the Mortgaged Properties", as the case may be, and in the
Detailed Description relating to such Prospectus Supplement is mutually
consistent and agrees with the accounting records of the Company and, where
applicable, the related Mortgage Loan files of the Company, excluding any
questions of legal interpretation. In addition, if applicable, such
accountants shall have furnished to the Underwriter a letter, dated as of
the related Closing Date, which shall include a statement or statements to
the effect that based upon the assumptions and methodology agreed to by the
Company (and which is consistent with the manner in which any final PAC
Balances, TAC Balances, Scheduled Balances, Maximum and Minimum Scheduled
Balances or any other scheduled balances are to be calculated as set forth
in the related Prospectus), all of which shall be described by reference in
such letter, such accountants shall have verified the mathematical accuracy
of any final PAC Balances Table, TAC Balances Table, Scheduled Balances
Table, Maximum or Minimum Scheduled Balances Table or other scheduled
balances table attached as an exhibit to the related Pooling and Servicing
Agreement.
(i) KPMG Peat Marwick LLP shall have furnished to the Underwriter and
the Company a letter or letters, dated as of the date of the related Terms
Agreement, in form and substance satisfactory to the Underwriter and the
Company, including, without limitation, statements, if applicable, to the
effect that:
(i) based upon the assumptions and methodology set forth in the
related Prospectus, all of which shall be described by reference in
such letter, they recomputed the percentages of initial principal
balance outstanding as of each of the Distribution Dates (as defined
in such Prospectus) indicated and the weighted average lives of each
Class of Offered Certificates at each of the indicated percentages of
the applicable Prepayment Assumption, and they compared the recomputed
percentages and weighted average lives to the corresponding
percentages and weighted average lives set forth in the related tables
and found them to be in agreement;
(ii) based upon the assumptions and methodology set forth in such
Prospectus, all of which shall be described by reference in such
letter, they have verified the mathematical accuracy of any Scheduled
Final Distribution Dates for the Offered Certificates, PAC Balances,
TAC Balances, Scheduled Balances, Maximum and Minimum Scheduled
Balances or any other scheduled balances set forth in such Prospectus
for each indicated Distribution Date, and have verified the
mathematical accuracy of any initial Effective Ranges of any PAC
Certificates, Scheduled Certificates or other scheduled Certificates
set forth in such Prospectus; and
(iii) based upon the assumptions and methodology set forth in
such Prospectus, all of which shall be described by reference in such
letter, they have verified the mathematical accuracy of the pre-tax
yields to maturity and, if applicable, aggregate cash flows of any
Class of Certificates for which such pre-tax yields and, if
applicable, aggregate cash flows are set forth in such Prospectus at
the indicated percentages of the Prepayment Assumption and, if
applicable, at the indicated values of COFI, LIBOR or any other index,
as applicable.
(j) The Offered Certificates of the related Series shall have received
the ratings specified in the related Terms Agreement (the "Required
Ratings").
(k) Prior to the related Closing Date, the Company shall have
furnished to the Underwriter such further information, certificates and
documents as the Underwriter may reasonably request.
(l) If any Certificates of the related Series are to be sold to any
other underwriter and/or offered in reliance upon an exemption from the
registration requirements of the Act, the sale at or prior to the related
Closing Date of such Certificates to the purchaser thereof shall have
occurred.
(m) Subsequent to the date of the related Terms Agreement, there shall
not have been any change, or any development involving a prospective
change, in or affecting the business or properties of the Company which the
Underwriter concludes in its judgment, after consultation with the Company,
materially impairs the investment quality of the Offered Certificates of
the related Series so as to make it impractical or inadvisable to proceed
with the public offering or the delivery of such Offered Certificates as
contemplated by the related Prospectus.
If any of the conditions specified in this Section 6 shall not have
been fulfilled in all material respects with respect to the particular
Offered Certificates of a Series when and as provided in this Agreement and
the related Terms Agreement, or if any of the opinions and certificates
mentioned above or elsewhere in this Agreement and the related Terms
Agreement shall not be in all material respects reasonably satisfactory in
form and substance to the Underwriter and its counsel, this Agreement (with
respect to the related Offered Certificates) and the related Terms
Agreement and all obligations of the Underwriter hereunder (with respect to
the related Offered Certificates) and thereunder may be canceled at, or at
any time prior to, the related Closing Date by the Underwriter. Notice of
such cancellation shall be given to the Company in writing, or by telephone
or telegraph confirmed in writing.
7. Indemnification and Contribution. (a) The Company agrees to indemnify
and hold harmless the Underwriter and each person who controls the Underwriter
within the meaning of the Act or the Exchange Act against any and all losses,
claims, damages or liabilities, joint or several, to which they or any of them
may become subject under the Act, the Exchange Act, or other Federal or state
statutory law or regulation, at common law or otherwise, insofar as such losses,
claims, damages or liabilities (or actions in respect thereof) arise out of or
are based upon any untrue statement or alleged untrue statement of a material
fact contained in the Registration Statement relating to the Offered
Certificates of the applicable Series as it became effective or in any amendment
or supplement thereof, or in such Registration Statement or the related
Prospectus, or in any amendment thereof, or in the Detailed Description referred
to in such Prospectus or arise out of or are based upon the omission or alleged
omission (in the case of any Computational Materials or ABS Term Sheets (in each
case, as defined herein) in respect of which the Company agrees to indemnify the
Underwriter, as set forth below, when such are read in conjunction with the
related Prospectus and Prospectus Supplement) to state therein a material fact
required to be stated therein or necessary to make the statements therein not
misleading, and agrees to reimburse each such indemnified party for any legal or
other expenses reasonably incurred by them in connection with investigating or
defending any such loss, claim, damage, liability or action; provided, however,
that (i) the Company will not be liable in any such case to the extent that any
such loss, claim, damage or liability arises out of or is based upon any such
untrue statement or alleged untrue statement or omission or alleged omission
made therein (A) in reliance upon and in conformity with written information
furnished to the Company as herein stated by or on behalf of the Underwriter
specifically for use in connection with the preparation thereof or (B) in any
Current Report or any amendment or supplement thereof, except to the extent that
any untrue statement or alleged untrue statement therein or omission therefrom
results (or is alleged to have resulted) directly from an error (a "Mortgage
Pool Error") in the information concerning the characteristics of the Mortgage
Loans furnished by the Company to the Underwriter in writing or by electronic
transmission that was used in the preparation of either (x) any Computational
Materials or ABS Term Sheets (or amendments or supplements thereof) included in
such Current Report (or amendment or supplement thereof) or (y) any written or
electronic materials furnished to prospective investors on which the
Computational Materials (or amendments or supplements) were based, (ii) such
indemnity with respect to any Corrected Statement (as defined below) in such
Prospectus (or supplement thereto) shall not inure to the benefit of the
Underwriter (or any person controlling the Underwriter) from whom the person
asserting any loss, claim, damage or liability purchased the Certificates of the
related Series that are the subject thereof if such person did not receive a
copy of a supplement to such Prospectus at or prior to the confirmation of the
sale of such Certificates and the untrue statement or omission of a material
fact contained in such Prospectus (or supplement thereto) was corrected (a
"Corrected Statement") in such other supplement and such supplement was
furnished by the Company to the Underwriter prior to the delivery of such
confirmation, and (iii) such indemnity with respect to any Mortgage Pool Error
shall not inure to the benefit of the Underwriter (or any person controlling the
Underwriter) from whom the person asserting any loss, claim, damage or liability
received any Computational Materials (or any written or electronic materials on
which the Computational Materials are based) or ABS Term Sheets that were
prepared on the basis of such Mortgage Pool Error, if, prior to the time of
confirmation of the sale of the applicable Certificates to such person, the
Company notified the Underwriter in writing of the Mortgage Pool Error or
provided in written or electronic form information superseding or correcting
such Mortgage Pool Error (in any such case, a "Corrected Mortgage Pool Error"),
and the Underwriter failed to notify such person thereof or to deliver to such
person corrected Computational Materials (or underlying written or electronic
materials) or ABS Term Sheets. This indemnity agreement will be in addition to
any liability which the Company may otherwise have.
(b) The Underwriter agrees to indemnify and hold harmless the Company,
each of its directors, each of its officers who signs the Registration
Statement relating to the Offered Certificates of the applicable Series,
and each person who controls the Company within the meaning of the Act or
the Exchange Act to the same extent as the foregoing indemnities from the
Company to the Underwriter, but only with reference to (A) written
information furnished to the Company by or on behalf of the Underwriter
specifically for use in the preparation of the documents referred to in the
foregoing indemnity with respect to the related Series, or (B) any
Computational Materials or ABS Term Sheets (or amendments or supplements
thereof) furnished to the Company by the Underwriter pursuant to Section 8
or Section 9 and incorporated by reference in such Registration Statement
or the related Prospectus or any amendment or supplement thereof (except
that no such indemnity shall be available for any losses, claims, damages
or liabilities, or actions in respect thereof, resulting from any Mortgage
Pool Error, other than a Corrected Mortgage Pool Error). This indemnity
agreement will be in addition to any liability which the Underwriter may
otherwise have. The Company acknowledges that the statements set forth in
the second sentence of the ante-penultimate paragraph, the first sentence
of the penultimate paragraph, and in the last paragraph appearing on the
cover page of the related Prospectus Supplement as such statements relate
to such Offered Certificates and the second sentence of the first paragraph
under the heading "Plan of Distribution" in such Prospectus Supplement as
such statements relate to such Offered Certificates constitute the only
information furnished in writing by or on behalf of the Underwriter for
inclusion in the related Prospectus (other than any Computational Materials
or ABS Term Sheets (or amendments or supplements thereof) furnished to the
Company by the Underwriter), and the Underwriter confirms that such
statements are correct.
(c) Promptly after receipt by an indemnified party under Section 7 of
notice of the commencement of any action, such indemnified party will, if a
claim in respect thereof is to be made against the indemnifying party under
this Section 7, notify the indemnifying party in writing of the
commencement thereof; but the omission so to notify the indemnifying party
will not relieve it from any liability which it may have to any indemnified
party otherwise than under this Section 7. In case any such action is
brought against any indemnified party, and it notifies the indemnifying
party of the commencement thereof, the indemnifying party will be entitled
to participate therein, and to the extent that it may elect by written
notice delivered to the indemnified party promptly after receiving the
aforesaid notice from such indemnified party, to assume the defense
thereof, with counsel satisfactory to such indemnified party; provided,
however, that if the defendants in any such action include both the
indemnified party and the indemnifying party and the indemnified party
shall have reasonably concluded that there may be legal defenses available
to it and/or other indemnified parties which are different from or
additional to those available to the indemnifying party, the indemnified
party or parties shall have the right to select separate counsel to assert
such legal defenses and to otherwise participate in the defense of such
action on behalf of such indemnified party or parties. Upon receipt of
notice from the indemnifying party to such indemnified party of its
election so to assume the defense of such action and approval by the
indemnified party of counsel, the indemnifying party will not be liable to
such indemnified party under this Section 7 for any legal or other expenses
subsequently incurred by such indemnified party in connection with the
defense thereof unless (i) the indemnified party shall have employed
separate counsel in connection with the assertion of legal defenses in
accordance with the proviso to the next preceding sentence (it being
understood, however, that the indemnifying party shall not be liable for
the expenses of more than one separate counsel approved by the indemnified
party in the case of subparagraph (a) or (b), representing the indemnified
parties under subparagraph (a) or (b), who are parties to such action),
(ii) the indemnifying party shall not have employed counsel satisfactory to
the indemnified party to represent the indemnified party within a
reasonable time after notice of commencement of the action or (iii) the
indemnifying party has authorized the employment of counsel for the
indemnified party at the expense of the indemnifying party; and except
that, if clause (i) or (iii) is applicable, such liability shall be only in
respect of the counsel referred to in such clause (i) or (iii).
(d) If the indemnification provided for in paragraph (a) or (b) of
this Section 7 is due in accordance with its terms but is for any reason
held by a court to be unavailable from the Company or the Underwriter, on
grounds of policy or otherwise, or if the indemnified party failed to give
notice under paragraph (c) of this Section 7 in respect of a claim
otherwise subject to indemnification in accordance with paragraph (a) or
(b) of this Section 7, the Company and the Underwriter shall contribute to
the aggregate losses, claims, damages and liabilities (including legal and
other expenses reasonably incurred in connection with investigating or
defending same) to which the Company and the Underwriter may be subject, as
follows:
(i) in the case of any losses, claims, damages and liabilities
(or actions in respect thereof) which do not arise out of or are not
based upon any untrue statement or omission of a material fact in any
Computational Materials or ABS Term Sheets (or any amendments or
supplements thereof), in such proportion so that the Underwriter is
responsible for that portion represented by the difference between the
proceeds to the Company in respect of the Offered Certificates
appearing on the cover page of the Prospectus Supplement for the
related Series and the total proceeds received by the Underwriter from
the sale of such Offered Certificates (the "Underwriting Discount"),
and the Company is responsible for the balance; provided, however,
that in no case shall the Underwriter be responsible under this
subparagraph (i) for any amount in excess of such Underwriting
Discount applicable to the Offered Certificates purchased by the
Underwriter pursuant to this Agreement and the related Terms
Agreement; and
(ii) in the case of any losses, claims, damages and liabilities
(or actions in respect thereof) which arise out of or are based upon
any untrue statement or omission of a material fact in any
Computational Materials or ABS Term Sheets (or any amendments or
supplements thereof) or in any written or electronic materials
distributed to prospective investors on which the Computational
Materials are based, in such proportion as is appropriate to reflect
the relative fault of the Company on the one hand and the Underwriter
on the other in connection with the statements or omissions which
resulted in such losses, claims, damages or liabilities (or actions in
respect thereof) as well as any other relevant equitable
considerations; provided, however, that in no case shall the
Underwriter be responsible under this subparagraph (ii) for any amount
in excess of the aggregate Purchase Price for the Offered
Certificates. The relative fault shall be determined by reference to,
among other things, whether the untrue or alleged untrue statement of
a material fact or the omission or alleged omission to state a
material fact in such Computational Materials or ABS Term Sheets (or
any amendments or supplements thereof or such written or electronic
materials) results from information prepared by the Company on the one
hand or the Underwriter on the other and the parties' relative intent,
knowledge, access to information and opportunity to correct or prevent
such statement or omission.
Notwithstanding anything to the contrary in this Section 7(d), no
person guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Act) shall be entitled to contribution from any
person who was not guilty of such fraudulent misrepresentation. For
purposes of this Section 7, each person who controls the Underwriter
within the meaning of either the Act or the Exchange Act shall have
the same rights to contribution as the Underwriter, and each person
who controls the Company within the meaning of either the Act or the
Exchange Act, each officer of the Company who shall have signed the
Registration Statement and each director of the Company shall have the
same rights to contribution as the Company, subject in each case to
the immediately preceding sentence of this paragraph (d).
8. Computational Materials and Structural Term Sheets. (a) Not later than
10:30 a.m., New York time, on the business day before the date on which the
Current Report relating to the Offered Certificates of a Series is required to
be filed by the Company with the Commission pursuant to Section 5(b) hereof, the
Underwriter shall deliver to the Company five complete copies of all materials
provided by the Underwriter to prospective investors in such Offered
Certificates that constitute (i) "Computational Materials" within the meaning of
the no-action letter dated May 20, 1994 issued by the Division of Corporation
Finance of the Commission to Kidder, Peabody Acceptance Corporation I, Kidder,
Peabody & Co. Incorporated, and Kidder Structured Asset Corporation and the
no-action letter dated May 27, 1994 issued by the Division of Corporation
Finance of the Commission to the Public Securities Association (together, the
"Kidder Letters"), the filing of which material is a condition of the relief
granted in such letter (such materials being the "Computational Materials"), and
(ii) "Structural Term Sheets" within the meaning of the no-action letter dated
February 17, 1995 issued by the Division of Corporation Finance of the
Commission to the Public Securities Association (the "PSA Letter"), the filing
of which material is a condition of the relief granted in such letter (such
materials being the "Structural Term Sheets"). Each delivery of Computational
Materials and Structural Term Sheets to the Company pursuant to this paragraph
(a) shall be effected by delivering four copies of such materials to counsel for
the Company on behalf of the Company at the address specified in Section 3
hereof and one copy of such materials to the Company.
(b) The Underwriter represents and warrants to and agrees with the
Company, as of the date of the related Terms Agreement and as of the
Closing Date, that:
(i) the Computational Materials furnished to the Company pursuant
to Section 8(a) constitute (either in original, aggregated or
consolidated form) all of the materials furnished to prospective
investors by the Underwriter prior to the time of delivery thereof to
the Company that are required to be filed with the Commission with
respect to the related Offered Certificates in accordance with the
Kidder Letters, and such Computational Materials comply with the
requirements of the Kidder Letters;
(ii) the Structural Term Sheets furnished to the Company pursuant
to Section 8(a) constitute all of the materials furnished to
prospective investors by the Underwriter prior to the time of delivery
thereof to the Company that are required to be filed with the
Commission as "Structural Term Sheets" with respect to the related
Offered Certificates in accordance with the PSA Letter, and such
Structural Term Sheets comply with the requirements of the PSA Letter;
and
(iii) on the date any such Computational Materials or Structural
Term Sheets with respect to such Offered Certificates (or any written
or electronic materials furnished to prospective investors on which
the Computational Materials are based) were last furnished to each
prospective investor and on the date of delivery thereof to the
Company pursuant to Section 8(a) and on the related Closing Date, such
Computational Materials (or such other materials) or Structural Term
Sheets did not and will not include any untrue statement of a material
fact or, when read in conjunction with the related Prospectus and
Prospectus Supplement, omit to state a material fact required to be
stated therein or necessary to make the statements therein not
misleading.
Notwithstanding the foregoing, the Underwriter makes no representation
or warranty as to whether any Computational Materials or Structural
Term Sheets (or any written or electronic materials on which the
Computational Materials are based) included or will include any untrue
statement resulting directly from any Mortgage Pool Error (except any
Corrected Mortgage Pool Error, with respect to materials prepared
after the receipt by the Underwriter from the Company of notice of
such Corrected Mortgage Pool Error or materials superseding or
correcting such Corrected Mortgage Pool Error).
(c) The Underwriter shall cause a firm of public accountants to
furnish to the Company a letter, dated as of the date on which the
Underwriter delivers any Computational Materials (which term shall be
deemed to include, for purposes of this paragraph (c), calculated
statistical information delivered to prospective investors in the form of a
Structural Term Sheet) to the Company pursuant to Section 8(a), in form and
substance satisfactory to the Company, stating in effect that they have
verified the mathematical accuracy of any calculations performed by the
Underwriter and set forth in such Computational Materials.
(d) The Underwriter acknowledges and agrees that any Computational
Materials or Structural Term Sheets with respect to Series 1998-1 and any
subsequent Series of Certificates as to which it acts as Underwriter have
been prepared and disseminated by the Underwriter and not by or on behalf
of the Company, and that such materials included and shall include a
disclaimer in form satisfactory to the Company to the effect that such
materials have been prepared and disseminated by the Underwriter, and that
the content and accuracy of such materials have not been reviewed by the
Company.
(e) If, at any time when a prospectus relating to the Offered
Certificates of a Series is required to be delivered under the Act, it
shall be necessary to amend or supplement the related Prospectus as a
result of an untrue statement of a material fact contained in any
Computational Materials or Structural Term Sheets provided by the
Underwriter pursuant to this Section 8 or the omission to state therein a
material fact required, when considered in conjunction with the related
Prospectus and Prospectus Supplement, to be stated therein or necessary to
make the statements therein, when read in conjunction with the related
Prospectus and Prospectus Supplement, not misleading, or if it shall be
necessary to amend or supplement any Current Report relating to any
Computational Materials or Structural Term Sheets to comply with the Act or
the rules thereunder, the Underwriter promptly will prepare and furnish to
the Company for filing with the Commission an amendment or supplement which
will correct such statement or omission or an amendment which will effect
such compliance. The Underwriter represents and warrants to the Company, as
of the date of delivery of such amendment or supplement to the Company,
that such amendment or supplement will not include any untrue statement of
a material fact or, when read in conjunction with the related Prospectus
and Prospectus Supplement, omit to state a material fact required to be
stated therein or necessary to make the statements therein not misleading;
provided, however, that the Underwriter makes no representation or warranty
as to whether any such amendment or supplement will include any untrue
statement resulting directly from any Mortgage Pool Error (except any
Corrected Mortgage Pool Error, with respect to any such amendment or
supplement prepared after the receipt by the Underwriter from the Company
of notice of such Corrected Mortgage Pool Error or materials superseding or
correcting such Corrected Mortgage Pool Error). The Company shall have no
obligation to file such amendment or supplement if the Company determines
that (i) such amendment or supplement contains any untrue statement of a
material fact or, when read in conjunction with the related Prospectus and
Prospectus Supplement, omits to state a material fact required to be stated
therein or necessary to make the statements therein not misleading; it
being understood, however, that the Company shall have no obligation to
review or pass upon the accuracy or adequacy of, or to correct, any such
amendment or supplement provided by the Underwriter to the Company pursuant
to this paragraph (e) or (ii) such filing is not required under the Act.
9. Collateral Term Sheets. (a) Prior to the delivery of any "Collateral
Term Sheet" within the meaning of the PSA Letter, the filing of which material
is a condition of the relief granted in such letter (such material being the
"Collateral Term Sheets"), to a prospective investor in any Offered
Certificates, the Underwriter shall, in order to facilitate the timely filing of
such material with the Commission, notify the Company and its counsel by
telephone of its intention to deliver such materials and the approximate date on
which the first such delivery of such materials is expected to occur. Not later
than 10:30 a.m., New York time, on the business day immediately following the
date on which any Collateral Term Sheet was first delivered to a prospective
investor in such Offered Certificates, the Underwriter shall deliver to the
Company five complete copies of all materials provided by the Underwriter to
prospective investors in the Offered Certificates that constitute "Collateral
Term Sheets." Each delivery of a Collateral Term Sheet to the Company pursuant
to this paragraph
(a) shall be effected by delivering four copies of such materials to
counsel for the Company on behalf of the Company at the address specified
in Section 3 hereof and one copy of such materials to the Company.
(Collateral Term Sheets and Structural Term Sheets are, together, referred
to herein as "ABS Term Sheets.") At the time of each such delivery, the
Underwriter shall indicate in writing that the materials being delivered
constitute Collateral Term Sheets, and, if there has been any prior such
delivery with respect to the related Series, shall indicate whether such
materials differ in any material respect from any Collateral Term Sheets
previously delivered to the Company with respect to such Series pursuant to
this Section 9(a) as a result of the occurrence of a material change in the
characteristics of the related Mortgage Loans.
(b) The Underwriter represents and warrants to and agrees with the
Company as of the date of the related Terms Agreement and as of the Closing
Date, that:
(i) The Collateral Term Sheets furnished to the Company pursuant
to Section 9(a) constitute all of the materials furnished to
prospective investors by the Underwriter prior to time of delivery
thereof to the Company that are required to be filed with the
Commission as "Collateral Term Sheets" with respect to the related
Offered Certificates in accordance with the PSA Letter, and such
Collateral Term Sheets comply with the requirements of the PSA Letter;
and
(ii) On the date any such Collateral Term Sheets with respect to
such Offered Certificates were last furnished to each prospective
investor and on the date of delivery thereof to the Company pursuant
to Section 9(a) and on the related Closing Date, such Collateral Term
Sheets did not and will not include any untrue statement of a material
fact or, when read in conjunction with the Prospectus and Prospectus
Supplement, omit to state a material fact required to be stated
therein or necessary to make the statements therein not misleading.
Notwithstanding the foregoing, the Underwriter makes no representation
or warranty as to whether any Collateral Term Sheet included or will
include any untrue statement or material omission resulting directly
from any Mortgage Pool Error (except any Corrected Mortgage Pool
Error, with respect to materials prepared after the receipt by the
Underwriter from the Company of notice of such Corrected Mortgage Pool
Error or materials superseding or correcting such Corrected Mortgage
Pool Error).
(c) The Underwriter acknowledges and agrees that any Collateral Term
Sheets with respect to any Series of Certificates furnished to prospective
investors from and after the date hereof will have been prepared and
disseminated by the Underwriter and not by or on behalf of the Company, and
that such materials shall include a disclaimer in form satisfactory to the
Company to the effect set forth in Section 8(d) hereof, and to the effect
that the information contained in such materials supersedes the information
contained in any prior Collateral Term Sheet with respect to such Series of
Offered Certificates and will be superseded by the description of the
related Mortgage Loans in the related Prospectus Supplement and in the
Detailed Description relating to such Prospectus Supplement to be filed
under cover of Form 8-K. The Underwriter agrees that it will not represent
to prospective investors that any Collateral Term Sheets were prepared or
disseminated on behalf of the Company.
(d) If, at any time when a prospectus relating to the Offered
Certificates of a Series is required to be delivered under the Act, it
shall be necessary to amend or supplement the related Prospectus as a
result of an untrue statement of a material fact contained in any
Collateral Term Sheets provided by the Underwriter pursuant to this Section
9 or the omission to state therein a material fact required, when
considered in conjunction with the related Prospectus and Prospectus
Supplement, to be stated therein or necessary to make the statements
therein, when read in conjunction with the related Prospectus and
Prospectus Supplement, not misleading, or if it shall be necessary to amend
or supplement any Current Report relating to any Collateral Term Sheets to
comply with the Act or the rules thereunder, the Underwriter promptly will
prepare and furnish to the Company for filing with the Commission an
amendment or supplement which will correct such statement or omission or an
amendment which will effect such compliance. The Underwriter represents and
warrants to the Company, as of the date of delivery of such amendment or
supplement to the Company, that such amendment or supplement will not
include any untrue statement of a material fact or, when read in
conjunction with the related Prospectus and Prospectus Supplement, omit to
state a material fact required to be stated therein or necessary to make
the statements therein not misleading; provided, however, the Underwriter
makes no representation or warranty as to whether any such amendment or
supplement will include any untrue statement resulting directly from any
Mortgage Pool Error (except any Corrected Mortgage Pool Error, with respect
to any such amendment or supplement prepared after the receipt by the
Underwriter from the Company of notice of such Corrected Mortgage Pool
Error or materials superseding or correcting such Corrected Mortgage Pool
Error). The Company shall have no obligation to file such amendment or
supplement if the Company determines that (i) such amendment or supplement
contains any untrue statement of a material fact or, when read in
conjunction with the related Prospectus and Prospectus Supplement, omits to
state a material fact required to be stated therein or necessary to make
the statements therein not misleading; it being understood, however, that
the Company shall have no obligation to review or pass upon the accuracy or
adequacy of, or to correct, any such amendment or supplement provided by
the Underwriter to the Company pursuant to this paragraph (d) or (ii) such
filing is not required under the Act.
10. Termination. This Agreement (with respect to a particular Certificate
Offering) and the related Terms Agreement shall be subject to termination in the
absolute discretion of the Underwriter, by notice given to the Company prior to
delivery of and payment for the related Offered Certificates, if prior to the
related Closing Date (i) trading in securities generally on the New York Stock
Exchange shall have been suspended or materially limited, (ii) a general
moratorium on commercial banking activities in New York shall have been declared
by either federal or New York State authorities, or (iii) there shall have
occurred any outbreak or material escalation of hostilities or other calamity or
crisis the effect of which on the financial markets of the United States is such
as to make it, in the reasonable judgment of the Underwriter, impracticable to
market such Offered Certificates.
11. Representations and Indemnities to Survive Delivery. The agreements,
representations, warranties, indemnities and other statements of the Company or
its officers and of the Underwriter set forth in or made pursuant to this
Agreement and the related Terms Agreement will remain in full force and effect,
regardless of any investigation made by or on behalf of the Underwriter or the
Company or any of the officers, directors or controlling persons referred to in
Section 7 hereof, and will survive delivery of and payment for the related
Offered Certificates. The provisions of Section 7 hereof shall survive the
termination or cancellation of this Agreement and the related Terms Agreement.
12. Successors. This Agreement and the related Terms Agreement will inure
to the benefit of and be binding upon the parties hereto and thereto and their
respective successors and the officers, directors and controlling persons
referred to in Section 7 hereof, and their successors and assigns, and no other
person will have any right or obligation hereunder or thereunder. No purchaser
of any Offered Certificate from the Underwriter shall be deemed a successor or
assign by reason of such purchase.
13. APPLICABLE LAW. THIS AGREEMENT AND THE RELATED TERMS AGREEMENT WILL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK
APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED THEREIN.
14. Miscellaneous. This Agreement, as supplemented by the related Terms
Agreement, supersedes all prior and contemporaneous agreements and
understandings relating to the subject matter hereof. This Agreement and the
related Terms Agreement or any term of each may not be changed, waived,
discharged or terminated except by an affirmative written agreement made by the
party against whom enforcement of the change, waiver, discharge or termination
is sought. The headings in this Agreement and the related Terms Agreement are
for purposes of reference only and shall not limit or otherwise affect the
meaning hereof or thereof.
15. Notices. All communications hereunder will be in writing and effective
only on receipt, and, if sent to the Underwriter, will be delivered to it at the
address first above written; or if sent to the Company, will be delivered to GE
Capital Mortgage Services, Inc., Three Executive Campus, Cherry Hill, New Jersey
08002, Attention: General Counsel.
If the foregoing is in accordance with your understanding of our agreement,
please sign and return to the undersigned a counterpart hereof, whereupon this
letter and your acceptance shall represent a binding agreement between the
Company and the Underwriter.
Very truly yours,
GE CAPITAL MORTGAGE SERVICES, INC.
By: _____________________________
Name:
Title:
The foregoing Agreement is
hereby confirmed and accepted
as of the date first above written.
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
By: ________________________________
Name:
Title:
<PAGE>
EXHIBIT A
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATES
SERIES ____-__
TERMS AGREEMENT
(to Underwriting Agreement,
dated January 22, 1998
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus [Date]
Cherry Hill, NJ 08002
Merrill Lynch, Pierce, Fenner & Smith Incorporated (the "Underwriter")
agrees, subject to the terms and provisions herein and of the captioned
Underwriting Agreement (the "Underwriting Agreement"), to purchase such Classes
of Series ____-__ Certificates specified in Section 2(a) hereof (the "Offered
Certificates"). This letter supplements and modifies the Underwriting Agreement
solely as it relates to the purchase and sale of the Offered Certificates
described below. The Series ____-__ Certificates are registered with the
Securities and Exchange Commission by means of an effective Registration
Statement (No. 33-___). Capitalized terms used and not defined herein have the
meanings given them in the Underwriting Agreement.
Section 1. The Mortgage Pool: The Series ____-__ Certificates shall
evidence the entire beneficial ownership interest in a mortgage pool (the
"Mortgage Pool") of conventional, fixed rate, fully amortizing one- to
four-family residential mortgage loans (the "Mortgage Loans") having the
following characteristics as of ________ __, ____ (the "Cut-off Date"):
(a) Aggregate Principal Amount of the Mortgage Pool: $[ ] aggregate
principal balance as of the Cutoff Date, subject to [an upward or downward
variance of up to [ ]%, the precise aggregate principal balance to be
determined by the Company][a permitted variance such that the aggregate
Scheduled Principal Balance thereof will be not less than $[ ] or greater
than $[ ]].
(b) Original Terms to Maturity: The original term to maturity of each
Mortgage Loan included in the Mortgage Pool shall be between ___ and ___
years.
Section 2. The Certificates: The Offered Certificates shall be issued as
follows:
(a) Classes: The Offered Certificates shall be issued with the
following Class designations, interest rates and principal balances,
subject in the aggregate to the variance referred to in Section 1(a)[and,
as to any particular Class, to an upward or downward variance of up to [
]%]:
Principal Interest Class Purchase
Class Balance Rate Price Percentage
----- ------- ---- ----------------
(b) The Offered Certificates shall have such other characteristics as
described in the related Prospectus.
Section 3. Purchase Price: The Purchase Price for each Class of the Offered
Certificates shall be the Class Purchase Price Percentage therefor (as set forth
in Section 2(a) above) of the initial Class Certificates Principal Balance
thereof plus accrued interest at the rate of [ ]% per annum from and including
the Cut-off Date up to, but not including, _________ __, ____ (the "Closing
Date").
Section 4. Required Ratings: The Offered Certificates shall have received
Required Ratings of at least [ ] from [ ].
Section 5. Tax Treatment: [One or more elections will be made to treat the
assets of the Trust Fund as a REMIC.] [The Trust Fund will be treated as a
"grantor trust" for federal income tax purposes.]
[Section 6. Additional Expenses:]*
- --------
* to be inserted if applicable.
<PAGE>
If the foregoing is in accordance with your understanding of our agreement,
please sign and return to the undersigned a counterpart hereof, whereupon this
letter and your acceptance shall represent a binding agreement between the
Underwriter and the Company.
Very truly yours,
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
By: ________________________________
Name:
Title:
The foregoing Agreement is
hereby confirmed and accepted
as of the date first above written.
GE CAPITAL MORTGAGE SERVICES, INC.
By: _____________________________
Name:
Title:
<PAGE>
Execution
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1999-13
TERMS AGREEMENT
(to Underwriting Agreement,
dated January 22, 1998,
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus June 22, 1999
Cherry Hill, NJ 08002
Merrill Lynch, Pierce, Fenner & Smith Incorporated (the "Underwriter")
agrees, subject to the terms and provisions herein and of the captioned
Underwriting Agreement (the "Underwriting Agreement"), to purchase the Classes
of Series 1999-13 Certificates specified in Section 2(a) hereof (the "Offered
Certificates"). This Terms Agreement supplements and modifies the Underwriting
Agreement solely as it relates to the purchase and sale of the Offered
Certificates described below. The Series 1999-13 Certificates are registered
with the Securities and Exchange Commission by means of an effective
Registration Statement (Nos. 333-68951 and 333-68951-01). Capitalized terms used
and not defined herein have the meanings given them in the Underwriting
Agreement.
Section 1. The Mortgage Pool: The Series 1999-13 Certificates shall
evidence the entire beneficial ownership interest in a mortgage pool (the
"Mortgage Pool") of conventional, fixed-rate, first-lien, fully-amortizing, one-
to four-family residential mortgage loans (the "Mortgage Loans") having the
following characteristics as of June 1, 1999 (the "Cut-off Date"):
(a) Aggregate Principal Amount of the Mortgage Pool: $498,750,715.74
aggregate principal balance as of the Cut-off Date, subject to a permitted
variance such that the aggregate original Certificate Principal Balance
will be not less than $475,000,00 or greater than $525,000,000.
(b) Original Terms to Maturity: The original term to maturity of
substantially all of the Mortgage Loans included in the Mortgage Pool shall
be between 20 and 30 years.
Section 2. The Certificates: The Offered Certificates shall be issued as
follows:
(a) Classes: The Offered Certificates shall be issued with the
following Class designations, interest rates and principal balances,
subject in the aggregate to the variance referred to in Section 1(a):
Class
Principal Interest Purchase Price
Class Balance Rate Percentage
- ----- ------- ---- ----------
Class A1 $40,926,000.00 6.50% 98.500000%
Class A2 14,475,476.00 (1) 98.500000
Class A3 47,710,557.00 6.50 98.500000
Class A4 4,053,134.00 (1) 98.500000
Class A5 2,551,890.00 7.00 98.500000
Class A6 4,712,416.00 7.00 98.500000
Class A7 2,000,000.00 7.00 98.500000
Class A8 29,000,000.00 7.50 98.500000
Class A9 138,655,000.00 6.00 98.500000
Class A10 29,000,000.00 6.75 98.500000
Class A11 100,000,000.00 7.00 98.500000
Class A12 20,707,000.00 6.50 98.500000
Class A13 3,448,000.00 7.00 98.500000
Class A14 676,358.00 (2) 98.500000
Class A15 4,204,000.00 7.00 98.500000
Class A16 1,140,642.00 7.00 98.500000
Class A17 33,845,000.00 6.00 98.500000
Class M 10,483,000.00 6.50 93.617188
Class B1 3,737,000.00 6.50 91.953125
Class B2 2,242,000.00 6.50 85.390625
Class R 100.00 6.50 98.500000
- -------------------
(1) The Class A2 and Class A4 Certificates will accrue interest at the
floating rates described in the Prospectus Supplement.
(2) The Class A14 Certificates are principal-only certificates and will not
accrue interest.
(b) The Offered Certificates shall have such other characteristics as
described in the related Prospectus.
Section 3. Purchase Price: The Purchase Price for each Class of the Offered
Certificates shall be the Class Purchase Price Percentage therefor (as set forth
in Section 2(a) above) of the initial Class Certificate Principal Balance
thereof plus accrued interest at the initial interest rate per annum from and
including the Cut-off Date up to, but not including, June 24, 1999 (the "Closing
Date").
Section 4. Required Ratings: The Offered Certificates, other than Class A4
and Class A14 Certificates, shall have received Required Ratings of at least
"AAA" from each of Fitch IBCA, Inc. ("Fitch") and Standard and Poor's Rating
Services, a division of The McGraw-Hill Companies, Inc. ("S&P"). The Class A4
and Class A14 Certificates shall have received Required Ratings of "AAA" from
Fitch and "AAAr" from S&P. The Class M, Class B1 and Class B2 Certificates shall
have received Required Ratings of "AA," "A" and "BBB," respectively, from Fitch.
Section 5. Tax Treatment: One or more elections will be made to treat the
assets of the Trust Fund as a REMIC.
Section 6. Rounding Account: On the Closing Date, the Underwriter shall
deliver to the Trustee by wire transfer or by certified check an amount equal to
$999.99 for deposit in each Rounding Account (as such term is defined in the
Prospectus Supplement).
Section 7. Additional Interest on the Class A2 and Class A4 Certificates.
On the Closing Date, the Underwriter shall deliver to the Trustee by wire
transfer or by certified check an amount equal to $3,216.79 (or such other
amounts as equals one day's interest on the Class A2 and Class A4 Certificates)
for deposit in a custodial account, as described in Section 4.01(g) of the
Pooling and Servicing Agreement, dated as of June 1, 1999, between the Company
and the Trustee.
<PAGE>
If the foregoing is in accordance with your understanding of our agreement,
please sign and return to the undersigned a counterpart hereof, whereupon this
letter and your acceptance shall represent a binding agreement between the
Underwriter and the Company.
Very truly yours,
MERRILL LYNCH, PIERCE FENNER & SMITH
INCORPORATED
By:___________________________________
Name:
Title:
The foregoing Agreement is
hereby confirmed and accepted
as of the date hereof.
GE CAPITAL MORTGAGE SERVICES, INC.
By:_______________________________
Name:
Title:
Execution
================================================================================
GE CAPITAL MORTGAGE SERVICES, INC.,
Seller and Servicer
and
STATE STREET BANK AND TRUST COMPANY,
Trustee
POOLING AND SERVICING AGREEMENT
Dated as of June 1, 1999
GE Capital Mortgage Services, Inc.,
1999-13 Trust
================================================================================
<PAGE>
<TABLE>
<CAPTION>
Table of Contents
Page
----
ARTICLE I
DEFINITIONS
<S> <C> <C>
Section 1.01. Definitions.........................................................................................1
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01. Conveyance of Mortgage Loans.......................................................................34
Section 2.02. Acceptance by Trustee..............................................................................38
Section 2.03. Representations and Warranties of the Company; Mortgage Loan Repurchase............................39
Section 2.04. Execution of Certificates..........................................................................44
Section 2.05. Designations under the REMIC Provisions............................................................44
ARTICLE III
ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Section 3.01. Company to Act as Servicer.........................................................................45
Section 3.02. Collection of Certain Mortgage Loan Payments; Mortgage Loan Payment Record; Certificate Account....48
Section 3.03. Collection of Taxes, Assessments and Other Items...................................................51
Section 3.04. Permitted Debits to the Mortgage Loan Payment Record...............................................51
Section 3.05. Maintenance of the Primary Insurance Policies......................................................52
Section 3.06. Maintenance of Hazard Insurance....................................................................53
Section 3.07. Assumption and Modification Agreements.............................................................54
Section 3.08. Realization Upon Defaulted Mortgage Loans..........................................................54
Section 3.09. Trustee to Cooperate; Release of Mortgage Files....................................................57
Section 3.10. Servicing Compensation; Payment of Certain Expenses by the Company.................................58
Section 3.11. Reports to the Trustee.............................................................................58
Section 3.12. Annual Statement as to Compliance..................................................................58
Section 3.13. Annual Independent Public Accountants' Servicing Report............................................59
Section 3.14. Access to Certain Documentation and Information Regarding the Mortgage Loans.......................59
Section 3.15. Maintenance of Certain Servicing Policies..........................................................59
Section 3.16. Optional Purchase of Defaulted Mortgage Loans......................................................60
Section 3.17. Class A2 Interest Account and Class A4 Interest Account............................................60
ARTICLE IV
PAYMENTS AND STATEMENTS
Section 4.01. Distributions......................................................................................61
Section 4.02. Method of Distribution.............................................................................65
Section 4.03. Allocation of Losses...............................................................................66
Section 4.04. Monthly Advances; Purchases of Defaulted Mortgage Loans............................................68
Section 4.05. Statements to Certificateholders...................................................................69
Section 4.06. Servicer's Certificate.............................................................................71
Section 4.07. Reports of Foreclosures and Abandonments of Mortgaged Property.....................................71
Section 4.08. Reduction of Servicing Fees by Compensating Interest Payments......................................71
Section 4.09. Surety Bond........................................................................................71
Section 4.10. Distributions to Holders of Designated Retail Certificates.........................................72
ARTICLE V
THE CERTIFICATES
Section 5.01. The Certificates...................................................................................76
Section 5.02. Registration of Transfer and Exchange of Certificates..............................................79
Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates..................................................84
Section 5.04. Persons Deemed Owners..............................................................................84
Section 5.05. Access to List of Certificateholders' Names and Addresses..........................................84
Section 5.06. Representation of Certain Certificateholders.......................................................85
Section 5.07. Determination of COFI..............................................................................85
Section 5.08. Determination of LIBOR.............................................................................86
ARTICLE VI
THE COMPANY
Section 6.01. Liability of the Company...........................................................................87
Section 6.02. Merger or Consolidation of, or Assumption of the Obligations of, the Company.......................87
Section 6.03. Assignment.........................................................................................87
Section 6.04. Limitation on Liability of the Company and Others..................................................87
Section 6.05. The Company Not to Resign..........................................................................88
ARTICLE VII
DEFAULT
Section 7.01. Events of Default..................................................................................88
Section 7.02. Trustee to Act; Appointment of Successor...........................................................90
Section 7.03. Notification to Certificateholders.................................................................90
ARTICLE VIII
THE TRUSTEE
Section 8.01. Duties of Trustee..................................................................................91
Section 8.02. Certain Matters Affecting the Trustee..............................................................92
Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans..............................................93
Section 8.04. Trustee May Own Certificates.......................................................................93
Section 8.05. The Company to Pay Trustee's Fees and Expenses.....................................................93
Section 8.06. Eligibility Requirements for Trustee...............................................................94
Section 8.07. Resignation or Removal of Trustee..................................................................94
Section 8.08. Successor Trustee..................................................................................95
Section 8.09. Merger or Consolidation of Trustee.................................................................95
Section 8.10. Appointment of Co-Trustee or Separate Trustee......................................................95
Section 8.11. Compliance with REMIC Provisions; Tax Returns......................................................96
ARTICLE IX
TERMINATION
Section 9.01. Termination upon Repurchase by the Company or Liquidation of All Mortgage Loans....................97
Section 9.02. Additional Termination Requirements................................................................98
ARTICLE X
MISCELLANEOUS PROVISIONS
Section 10.01. Amendment.........................................................................................99
Section 10.02. Recordation of Agreement.........................................................................100
Section 10.03. Limitation on Rights of Certificateholders.......................................................100
Section 10.04. Governing Law....................................................................................101
Section 10.05. Notices..........................................................................................101
Section 10.06. Notices to the Rating Agencies...................................................................101
Section 10.07. Severability of Provisions.......................................................................101
Section 10.08. Certificates Nonassessable and Fully Paid........................................................102
</TABLE>
<PAGE>
Exhibits
- --------
EXHIBIT A Forms of Certificates
EXHIBIT B Principal Balance Schedules
EXHIBIT C Mortgage Loans (including list of Cooperative Loans)
EXHIBIT D Form of Servicer's Certificate
EXHIBIT E Form of Transfer Certificate as to ERISA Matters for Definitive
ERISA-Restricted Certificates
EXHIBIT F Form of Residual Certificate Transferee Affidavit
EXHIBIT G Form of Residual Certificate Transferor Letter
EXHIBIT H Additional Servicer Compensation
EXHIBIT I Form of Investment Letter for Definitive Restricted Certificates
EXHIBIT J Form of Distribution Date Statement
EXHIBIT K Form of Special Servicing and Collateral Fund Agreement
EXHIBIT L Form of Lost Note Affidavit and Agreement
EXHIBIT M Schedule of Designated Loans
EXHIBIT N Schedule of Pledged Asset Mortgage Loans
EXHIBIT O Senior Principal Priorities
<PAGE>
THIS POOLING AND SERVICING AGREEMENT, dated as of June 1, 1999, between GE
CAPITAL MORTGAGE SERVICES, INC., a corporation organized and existing under the
laws of the State of New Jersey, and STATE STREET BANK AND TRUST COMPANY, a
Massachusetts banking corporation, as Trustee.
W I T N E S S E T H T H A T :
In consideration of the mutual agreements herein contained, GE Capital
Mortgage Services, Inc. and State Street Bank and Trust Company agree as
follows:
ARTICLE I
DEFINITIONS
Section 1.01. Definitions. Whenever used in this Agreement, the following
words and phrases, unless the context otherwise requires, shall have the
following meanings:
Accretion Directed Certificate: None.
Accretion Directed Component: None.
Accretion Termination Date: None.
Accrual Amount: As to any Class of Accrual Certificates and any
Accrual Component and each Distribution Date through the related Accretion
Termination Date, the sum of (x) any amount of Accrued Certificate Interest
allocable to such Class or Component pursuant to Section 4.01(a)(i) on such
Distribution Date and (y) any amount of Unpaid Class Interest Shortfall
allocable to such Class or Component pursuant to Section 4.01(a)(ii) on
such Distribution Date, to the extent that such amounts are distributed to
any Accretion Directed Certificates and any Accretion Directed Components
pursuant to Section 4.01(e). As to any Class of Accrual Certificates and
any Accrual Component and each Distribution Date after the related
Accretion Termination Date, zero.
Accrual Certificates: None.
Accrual Component: None.
Accrued Certificate Interest: As to any Distribution Date and any
Class of Certificates (other than any Class of Principal Only Certificates
and any Class of Certificates consisting of Specified Components), interest
accrued during the related Interest Accrual Period at the applicable
Certificate Interest Rate on the Class Certificate Principal Balance (or,
in the case of any Class of Notional Certificates other than the Class S
Certificates, on the aggregate Notional Principal Balance) thereof
immediately prior to (or, in the case of the Class S Certificates, on the
aggregate Notional Principal Balance thereof with respect to) such
Distribution Date, calculated on the basis of a 360-day year consisting of
twelve 30-day months. As to any Distribution Date and any Specified
Component (other than any Principal Only Component), interest accrued
during the related Interest Accrual Period at the applicable Component
Interest Rate on the Component Principal Balance (or Notional Component
Principal Balance) thereof immediately prior to such Distribution Date,
calculated on the basis of a 360-day year consisting of twelve 30-day
months. As to any Distribution Date and any Class of Certificates
consisting of Specified Components, the aggregate of Accrued Certificate
Interest on such Specified Components for such Distribution Date.
Accrued Certificate Interest on each Class of Certificates (other than
any Class of Principal Only Certificates and any Class of Certificates
consisting of Specified Components) and any Specified Component (other than
any Principal Only Component) shall be reduced by such Class's or Specified
Component's share of the amount of any Net Interest Shortfall and Interest
Losses for such Distribution Date. Any Net Interest Shortfall and Interest
Losses shall be allocated among (x) the Classes of Certificates (other than
any Class of Principal Only Certificates and any Class of Certificates
consisting of Specified Components) and (y) the Specified Components (other
than any Principal Only Component) of any Component Certificate in
proportion to the respective amounts of Accrued Certificate Interest that
would have resulted absent such shortfall or losses.
Additional Collateral: With respect to any Mortgage 100SM Loan, the
marketable securities held from time to time as security for the repayment
of such Mortgage 100SM Loan and any related collateral. With respect to any
Parent PowerSM Loan, the third-party guarantee for such Parent PowerSM
Loan, together with (i) any marketable securities held from time to time as
security for the performance of such guarantee and any related collateral
or (ii) any mortgaged property securing the performance of such guarantee,
the related home equity line of credit loan and any related collateral.
Agreement: This Pooling and Servicing Agreement and all amendments
hereof and supplements hereto.
Allocable Share: (a) As to any Distribution Date and amounts
distributable pursuant to clauses (i) and (iii) of the definition of Junior
Optimal Principal Amount, and as to each Class of Junior Certificates, the
fraction, expressed as a percentage, the numerator of which is the Class
Certificate Principal Balance of such Class and the denominator of which is
the aggregate Class Certificate Principal Balance of the Junior
Certificates.
(b) As to any Distribution Date and amounts distributable pursuant to
clauses (ii), (iv) and (v) of the definition of Junior Optimal Principal
Amount, and as to the Class M Certificates and each Class of Class B
Certificates for which the related Prepayment Distribution Trigger has been
satisfied on such Distribution Date, the fraction, expressed as a
percentage, the numerator of which is the Class Certificate Principal
Balance of such Class and the denominator of which is the aggregate Class
Certificate Principal Balance of all such Classes. As to any Distribution
Date and each Class of Class B Certificates for which the related
Prepayment Distribution Trigger has not been satisfied on such Distribution
Date, 0%.
Amortization Payment: As to any REO Mortgage Loan and any month, the
payment of principal and accrued interest due in such month in accordance
with the terms of the related Mortgage Note as contemplated by Section
3.08(b).
Amount Held for Future Distribution: As to each Distribution Date, the
total of all amounts credited to the Mortgage Loan Payment Record as of the
preceding Determination Date on account of (i) Principal Prepayments,
Insurance Proceeds and Liquidation Proceeds received subsequent to the
preceding Prepayment Period applicable to such receipts, and (ii) monthly
payments of principal and interest due subsequent to the preceding Due
Date.
Anniversary Determination Date: The Determination Date occurring in
July of each year that the Certificates are outstanding, commencing in July
2000.
Assignment of Proprietary Lease: With respect to a Cooperative Loan,
the assignment of the related Proprietary Lease from the Mortgagor to the
originator of the Cooperative Loan.
Assumed Monthly Payment Reduction: As of any Anniversary Determination
Date and as to any Non-Primary Residence Loan remaining in the Mortgage
Pool whose original principal balance was 80% or greater of the Original
Value thereof, the excess of (i) the Monthly Payment thereof calculated on
the assumption that the Mortgage Rate thereon was equal to the weighted
average (by principal balance) of the Net Mortgage Rates of all Outstanding
Mortgage Loans (the "Weighted Average Rate") as of such Anniversary
Determination Date over (ii) the Monthly Payment thereof calculated on the
assumption that the Net Mortgage Rate thereon was equal to the Weighted
Average Rate less 1.25% per annum.
Available Funds: As to each Distribution Date, an amount equal to the
sum of (i) all amounts credited to the Mortgage Loan Payment Record
pursuant to Section 3.02 as of the preceding Determination Date, (ii) any
Monthly Advance and any Compensating Interest Payment for such Distribution
Date, (iii) the Purchase Price of any Defective Mortgage Loans and
Defaulted Mortgage Loans deposited in the Certificate Account on the
Business Day preceding such Distribution Date (including any amounts
deposited in the Certificate Account in connection with any substitution of
a Mortgage Loan as specified in Section 2.03(b)), and (iv) the purchase
price of any defaulted Mortgage Loan purchased under an agreement entered
into pursuant to Section 3.08(e) as of the end of the preceding Prepayment
Period less the sum of (x) the Amount Held for Future Distribution, (y) the
amount of any Unanticipated Recovery credited to the Mortgage Loan Payment
Record pursuant to clause (vi) of Section 3.02(b), and (z) amounts
permitted to be debited from the Mortgage Loan Payment Record pursuant to
clauses (i) through (vii) and (ix) of Section 3.04. Amounts on deposit in
the Class A2 Interest Account or Class A4 Interest Account are not part of
Available Funds.
Bankruptcy Coverage Termination Date: The Distribution Date upon which
the Bankruptcy Loss Amount has been reduced to zero or a negative number
(or the Cross-Over Date, if earlier).
Bankruptcy Loss Amount: As of any Determination Date prior to the
first Anniversary Determination Date, the Bankruptcy Loss Amount shall
equal $185,966, as reduced by the aggregate amount of Deficient Valuations
and Debt Service Reductions since the Cut-off Date. As of any Determination
Date after the first Anniversary Determination Date, other than an
Anniversary Determination Date, the Bankruptcy Loss Amount shall equal the
Bankruptcy Loss Amount on the immediately preceding Anniversary
Determination Date as reduced by the aggregate amount of Deficient
Valuations and Debt Service Reductions since such preceding Anniversary
Determination Date. As of any Anniversary Determination Date, the
Bankruptcy Loss Amount shall equal the lesser of (x) the Bankruptcy Loss
Amount as of the preceding Determination Date as reduced by any Deficient
Valuations and Debt Service Reductions for the preceding Distribution Date,
and (y) the greater of (i) the Fitch Formula Amount for such Anniversary
Determination Date and (ii) the Formula Amount for such Anniversary
Determination Date.
The Bankruptcy Loss Amount may be further reduced by the Company
(including accelerating the manner in which such coverage is reduced)
provided that prior to any such reduction, the Company shall obtain written
confirmation from each Rating Agency that such reduction shall not
adversely affect the then-current rating assigned to the related Classes of
Certificates by such Rating Agency and shall provide a copy of such written
confirmation to the Trustee.
BBA: The British Bankers' Association.
BIF: The Bank Insurance Fund of the FDIC, or its successor in
interest.
Book-Entry Certificate: Any Certificate registered in the name of the
Depository or its nominee, ownership of which is reflected on the books of
the Depository or on the books of a person maintaining an account with such
Depository (directly or as an indirect participant in accordance with the
rules of such Depository). As of the Closing Date, each Class of
Certificates, other than the Class B3, Class B4, Class B5, Class R, Class
PO and Class S Certificates, constitutes a Class of Book-Entry
Certificates.
Book-Entry Nominee: As defined in Section 5.02(b).
Business Day: Any day other than a Saturday or a Sunday, or a day on
which banking institutions in New York City or the city in which the
Corporate Trust Office is located are authorized or obligated by law or
executive order to be closed.
Buydown Funds: Funds contributed by the Mortgagor or another source in
order to reduce the interest payments required from the Mortgagor for a
specified period in specified amounts.
Buydown Mortgage Loan: Any Mortgage Loan as to which the Mortgagor
pays less than the full monthly payment specified in the Mortgage Note
during the Buydown Period and the difference between the amount paid by the
Mortgagor and the amount specified in the Mortgage Note is paid from the
related Buydown Funds.
Buydown Period: The period during which Buydown Funds are required to
be applied to the related Buydown Mortgage Loan.
Certificate: Any one of the certificates signed and countersigned by
the Trustee in substantially the forms attached hereto as Exhibit A.
Certificate Account: The trust account or accounts created and
maintained with the Trustee pursuant to Section 3.02 and which must be an
Eligible Account.
Certificate Interest Rate: With respect to any Class of Certificates,
other than the Class S Certificates or any LIBOR Certificates, and as of
any Distribution Date, the per annum rate specified or described in Section
5.01(b). With respect to any Class of LIBOR Certificates, the per annum
variable rate at any time at which interest accrues on the Certificates of
such Class, as determined pursuant to Section 5.01(f). With respect to the
Class S Certificates and any Distribution Date, the Strip Rate for such
Distribution Date.
Certificate Owner: With respect to any Book-Entry Certificate, the
person who is the beneficial owner thereof.
Certificate Principal Balance: As to any Certificate other than a
Notional Certificate, and as of any Distribution Date, the Initial
Certificate Principal Balance of such Certificate (plus, in the case of any
Accrual Certificate, its Percentage Interest of any related Accrual Amount
for each previous Distribution Date) less the sum of (i) all amounts
distributed with respect to such Certificate in reduction of the
Certificate Principal Balance thereof on previous Distribution Dates
pursuant to Section 4.01, (ii) any Realized Losses allocated to such
Certificate on previous Distribution Dates pursuant to Section 4.03(b) and
(c), and (iii) in the case of a Subordinate Certificate, such Certificate's
Percentage Interest of the Subordinate Certificate Writedown Amount
allocated to such Certificate on previous Distribution Dates. The Notional
Certificates are issued without Certificate Principal Balances.
Certificate Register and Certificate Registrar: The register
maintained and the registrar appointed pursuant to Section 5.02.
Certificateholder or Holder: The person in whose name a Certificate is
registered in the Certificate Register, except that, solely for the
purposes of giving any consent pursuant to this Agreement, a Certificate of
any Class to the extent that the Company or any affiliate is the
Certificate Owner or Holder thereof (except to the extent the Company or
any affiliate thereof shall be the Certificate Owner or Holder of all
Certificates of such Class), shall be deemed not to be outstanding and the
Percentage Interest (or Voting Rights) evidenced thereby shall not be taken
into account in determining whether the requisite amount of Percentage
Interests (or Voting Rights) necessary to effect any such consent has been
obtained; provided, however, that in determining whether the Trustee shall
be protected in relying on such consent only the Certificates that the
Trustee knows to be so held shall be so disregarded.
Class: All Certificates bearing the same class designation.
Class A2 Interest Account: The segregated, non-interest bearing
account denominated as such and established and maintained pursuant to
Section 3.17.
Class A2 Interest Account Deposit: Cash in the amount of $2,393.97.
Class A3 Percentage: With respect to any Distribution Date, the
percentage (carried to six decimal places) obtained by dividing (x) the
aggregate Certificate Principal Balance of the Class A3 Certificates
immediately preceding such Distribution Date, by (y) the aggregate
Certificate Principal Balance of all the Certificates (other than the Class
PO Certificates) immediately preceding such Distribution Date.
Class A3 Prepayment Distribution Percentage: 0% through the
Distribution Date in June 2004; 30% thereafter through the Distribution
Date in June 2005; 40% thereafter through the Distribution Date in June
2006; 60% thereafter through the Distribution Date in June 2007; 80%
thereafter through the Distribution Date in June 2008; and 100% thereafter.
Class A3 Principal Distribution Amount: With respect to any
Distribution Date, the sum of (a) the total of the amounts described in
clauses (i) and (iii) of the definition of Senior Optimal Principal Amount
for such date (without application of the Senior Percentage or the Senior
Prepayment Percentage) multiplied by the Class A3 Percentage for such date
and (b) the total of the amounts described in clauses (ii), (iv) and (v) of
the definition of Senior Optimal Principal Amount (without application of
the Senior Prepayment Percentage) for such date multiplied by the product
of (x) the Class A3 Percentage for such date and (y) the Class A3
Prepayment Distribution Percentage for such date; provided, however, that
(i) on the Group I Final Distribution Date, the Class A3 Principal
Distribution Amount will be increased by any portion of the Senior Optimal
Principal Amount remaining after distributions of principal have been made
on the Group I Senior Certificates and (ii) following the Group I Final
Distribution Date, the Class A3 Principal Distribution Amount will equal
the Senior Optimal Principal Amount.
Class A4 Interest Account: The segregated, non-interest bearing
account denominated as such and established and maintained pursuant to
Section 3.17.
Class A4 Interest Account Deposit: Cash in the amount of $822.82.
Class B Certificate: Any Class B1, Class B2, Class B3, Class B4 or
Class B5 Certificate.
Class Certificate Principal Balance: As to any Class of Certificates,
other than any Class of Notional Certificates, and as of any date of
determination, the aggregate of the Certificate Principal Balances of all
Certificates of such Class. The Class Certificate Principal Balance of each
such Class of Certificates as of the Closing Date is specified in Section
5.01(b).
Class Interest Shortfall: As to any Distribution Date and any Class of
Certificates (other than any Class of Principal Only Certificates or any
Class consisting of Specified Components) or any Specified Component, any
amount by which the amount distributed to Holders of such Class of
Certificates or in respect of such Specified Component (or added to the
Class Certificate Principal Balance of any Class of Accrual Certificates or
to the Component Principal Balance of any Accrual Component constituting a
Specified Component) on such Distribution Date pursuant to Section
4.01(a)(i) is less than the Accrued Certificate Interest thereon or in
respect thereof for such Distribution Date. As to any Distribution Date and
any Class of Certificates consisting of Specified Components, the sum of
the Class Interest Shortfalls for such Components on such date.
Class PO Deferred Amount: As to any Distribution Date on or prior to
the Cross-Over Date, the aggregate of the applicable PO Percentage of the
principal portion of each Realized Loss, other than any Excess Loss, to be
allocated to the Class PO Certificates on such Distribution Date or
previously allocated to the Class PO Certificates and not yet paid to the
Holders of the Class PO Certificates pursuant to Section 4.01(a)(iv).
Class PO Principal Distribution Amount: As to any Distribution Date,
an amount equal to the sum of the applicable PO Percentage of:
(i) the principal portion of each Monthly Payment due on the
related Due Date on each Outstanding Mortgage Loan as of such Due Date
as specified in the amortization schedule at the time applicable
thereto (after adjustments for previous Principal Prepayments and the
principal portion of Debt Service Reductions subsequent to the
Bankruptcy Coverage Termination Date but before any adjustment to such
amortization schedule by reason of any bankruptcy (except as
aforesaid) or similar proceeding or any moratorium or similar waiver
or grace period);
(ii) all principal prepayments in part received during the
related Prepayment Period, together with the Scheduled Principal
Balance (as reduced by any Deficient Valuation occurring on or prior
to the Bankruptcy Coverage Termination Date) of each Mortgage Loan
which was the subject of a Voluntary Principal Prepayment in full
during the related Prepayment Period;
(iii) the sum of (A) all Net Liquidation Proceeds allocable to
principal received in respect of each Mortgage Loan that became a
Liquidated Mortgage Loan during the related Prepayment Period (other
than Mortgage Loans described in clause (B)) and (B) the principal
balance of each Mortgage Loan purchased by an insurer from the Trustee
pursuant to the related Primary Insurance Policy, in each case during
the related Prepayment Period;
(iv) the Scheduled Principal Balance (as reduced by any Deficient
Valuation occurring on or prior to the Bankruptcy Coverage Termination
Date) of each Mortgage Loan which was purchased on such Distribution
Date pursuant to Section 2.02, 2.03(a) or 3.16; and
(v) the Substitution Amount for any Mortgage Loan substituted
during the month of such Distribution Date; for purposes of this
clause (v), the definition of "Substitution Amount" shall be modified
to reduce the Scheduled Principal Balance of the Mortgage Loan that is
substituted for by any Deficient Valuation occurring on or prior to
the Bankruptcy Coverage Termination Date.
For purposes of clause (ii) above, a Voluntary Principal Prepayment in
full with respect to a Mortgage Loan serviced by a Primary Servicer shall
be deemed to have been received when the Company, as servicer, receives
notice thereof.
Closing Date: June 24, 1999.
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.
COFI: The monthly weighted average cost of funds for savings
institutions the home offices of which are located in Arizona, California,
or Nevada that are member institutions of the Eleventh Federal Home Loan
Bank District, as computed from statistics tabulated and published by the
Federal Home Loan Bank of San Francisco in its monthly Information
Bulletin.
COFI Certificates: None.
COFI Determination Date: As to each Interest Accrual Period for any
COFI Certificates, the last Business Day of the calendar month preceding
the commencement of such Interest Accrual Period.
Company: GE Capital Mortgage Services, Inc., a corporation organized
and existing under the laws of the State of New Jersey, or its successor in
interest or, if any successor servicer is appointed as herein provided,
then such successor servicer.
Compensating Interest Payment: With respect to any Distribution Date,
an amount equal to the aggregate of the Interest Shortfalls described in
clauses (a) and (b) of the definition thereof with respect to such
Distribution Date; provided, however, that such amount shall not exceed the
lesser of (i) an amount equal to the product of (x) the Pool Scheduled
Principal Balance with respect to such Distribution Date and (y)
one-twelfth of 0.125%, and (ii) the aggregate of the Servicing Fees that
the Company would be entitled to retain on such Distribution Date (less any
portion thereof paid as servicing compensation to any Primary Servicer)
without giving effect to any Compensating Interest Payment.
Component: Any of the components of a Class of Component Certificates
having the designations and the initial Component Principal Balances as
follows:
Initial Component
Designation Principal Balance
----------- -----------------
N/A N/A
Component Certificate: None.
Component Interest Rate: None.
Component Principal Balance: As of any Distribution Date, and with
respect to any Component, other than any Notional Component, the initial
Component Principal Balance thereof (as set forth, as applicable, in the
definition of Component) (plus, in the case of any Accrual Component, any
related Accrual Amount for each previous Distribution Date) less the sum of
(x) all amounts distributed in reduction thereof on previous Distribution
Dates pursuant to Section 4.01 and (y) the amount of all Realized Losses
allocated thereto pursuant to Section 4.03(d).
Confirmatory Mortgage Note: With respect to any Mortgage Loan, a note
or other evidence of indebtedness executed by the Mortgagor confirming its
obligation under the note or other evidence of indebtedness previously
executed by the Mortgagor upon the origination of the related Mortgage
Loan.
Cooperative: A private, cooperative housing corporation organized in
accordance with applicable state laws which owns or leases land and all or
part of a building or buildings located in the relevant state, including
apartments, spaces used for commercial purposes and common areas therein
and whose board of directors authorizes, among other things, the sale of
Cooperative Stock.
Cooperative Apartment: A dwelling unit in a multi-dwelling building
owned or leased by a Cooperative, which unit the Mortgagor has an exclusive
right to occupy pursuant to the terms of one or more Proprietary Leases.
Cooperative Loans: Any of the Mortgage Loans made in respect of a
Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a
Security Agreement, (ii) the related Cooperative Stock Certificate(s),
(iii) an assignment of the Proprietary Lease(s), (iv) financing statements
and (v) a stock power (or other similar instrument), and in addition
thereto, a recognition agreement between the Cooperative and the originator
of the Cooperative Loan, each of which was transferred and assigned to the
Trustee pursuant to Section 2.01 and are from time to time held as part of
the Trust Fund. The Mortgage Loans identified as such in Exhibit C hereto
are Cooperative Loans.
Cooperative Stock: With respect to a Cooperative Loan, the single
outstanding class of stock, partnership interest or other ownership
instrument in the related Cooperative.
Cooperative Stock Certificate: With respect to a Cooperative Loan, the
stock certificate(s) or other instrument evidencing the related Cooperative
Stock.
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
225 Franklin Street, Boston, Massachusetts 02110, Attention: Corporate
Trust Department.
Cross-Over Date: The first Distribution Date on which the aggregate
Class Certificate Principal Balance of the Junior Certificates has been
reduced to zero (giving effect to all distributions on such Distribution
Date).
Cut-off Date: June 1, 1999.
Debt Service Reduction: As to any Mortgage Loan and any Determination
Date, the excess of (a) the then current Monthly Payment for such Mortgage
Loan over (b) the amount of the monthly payment of principal and interest
required to be paid by the Mortgagor as established by a court of competent
jurisdiction as a result of a proceeding initiated by or against the
related Mortgagor under the Bankruptcy Code, as amended from time to time
(11 U.S.C.).
Deceased Holder: With respect to a Holder of any Designated Retail
Certificate, as defined in Section 4.10(b).
Defaulted Mortgage Loan: With respect to any Determination Date, a
Mortgage Loan as to which the related Mortgagor has failed to make
unexcused payment in full of a total of three or more consecutive
installments of principal and interest, and as to which such delinquent
installments have not been paid, as of the close of business on the last
Business Day of the month next preceding the month of such Determination
Date.
Defective Mortgage Loan: Any Mortgage Loan which is required to be
purchased by the Company (or which the Company may replace with a
substitute Mortgage Loan) pursuant to Section 2.02 or 2.03(a).
Deficient Valuation: As to any Mortgage Loan and any Determination
Date, the excess of (a) the then outstanding indebtedness under such
Mortgage Loan over (b) the valuation by a court of competent jurisdiction
of the related Mortgaged Property as a result of a proceeding initiated by
or against the related Mortgagor under the Bankruptcy Code, as amended from
time to time (11 U.S.C.), pursuant to which such Mortgagor retained such
Mortgaged Property.
Definitive Certificate: Any Certificate, other than a Book-Entry
Certificate, issued in definitive, fully registered form.
Definitive Restricted Junior Certificate: Any Restricted Junior
Certificate that is in the form of a Definitive Certificate.
Depository: The initial Depository shall be The Depository Trust
Company, the nominee of which is CEDE & Co. The Depository shall at all
times be a "clearing corporation" as defined in Section 8-102(a)(5) of the
Uniform Commercial Code of the State of New York, as amended, or any
successor provisions thereto.
Depository Participant: A broker, dealer, bank or other financial
institution or other Person for which, from time to time, the Depository
effects book-entry transfers and pledges of securities deposited with such
Depository.
Designated Loan Closing Documents: With respect to any Designated
Loan, a Lost Note Affidavit substantially in the form of Exhibit L, and an
assignment of the related Mortgage to the Trustee in recordable form
(except for the omission therein of recording information concerning such
Mortgage).
Designated Loans: The Mortgage Loans listed in Exhibit M hereto.
Designated Rate: 6.50% per annum.
Designated Retail Certificate: Any Class A7, Class A13, Class A15 or
Class A16 Certificate.
Designated Telerate Page: The Dow Jones Telerate Service page 3750 (or
such other page as may replace page 3750 on that service or such other
service as may be nominated by the BBA for the purpose of displaying the
Interest Settlement Rates).
Determination Date: With respect to any Distribution Date, the fifth
Business Day prior thereto.
Discount Mortgage Loan: Any Mortgage Loan with a Net Mortgage Rate
less than the Designated Rate.
Disqualified Organization: Any of the following: (i) the United
States, any State or political subdivision thereof, or any agency or
instrumentality of any of the foregoing (including but not limited to state
pension organizations); (ii) a foreign government, International
Organization or any agency or instrumentality of either of the foregoing;
(iii) an organization (except certain farmers' cooperatives described in
Code section 521) which is exempt from tax imposed by Chapter 1 of the Code
(including the tax imposed by section 511 of the Code on unrelated business
taxable income); and (iv) a rural electric and telephone cooperative
described in Code section 1381(a)(2)(C). The terms "United States," "State"
and "International Organization" shall have the meanings set forth in Code
section 7701 or successor provisions. A corporation will not be treated as
an instrumentality of the United States or of any State or political
subdivision thereof for these purposes if all of its activities are subject
to tax and a majority of its board of directors is not selected by such
governmental unit.
Distribution Date: The 25th day of each calendar month after the month
of initial issuance of the Certificates, or, if such 25th day is not a
Business Day, the next succeeding Business Day.
Distribution Date Statement: The statement referred to in Section
4.05(a).
Document File: As defined in Section 2.01.
Due Date: The first day of the month of the related Distribution Date.
Eligible Account: An account that is either (i) maintained with a
depository institution the debt obligations of which have been rated by
each Rating Agency in one of its two highest long-term rating categories
and has been assigned by S&P its highest short-term rating, (ii) an account
or accounts the deposits in which are fully insured by either the BIF or
the SAIF, (iii) an account or accounts, in a depository institution in
which such accounts are insured by the BIF or the SAIF (to the limits
established by the FDIC), the uninsured deposits in which accounts are
either invested in Permitted Investments or are otherwise secured to the
extent required by the Rating Agencies such that, as evidenced by an
Opinion of Counsel delivered to the Trustee, the Certificateholders have a
claim with respect to the funds in such account or a perfected first
security interest against any collateral (which shall be limited to
Permitted Investments) securing such funds that is superior to claims of
any other depositors or creditors of the depository institution with which
such account is maintained, (iv) a trust account maintained with the
corporate trust department of a federal or state chartered depository
institution or of a trust company with trust powers and acting in its
fiduciary capacity for the benefit of the Trustee hereunder or (v) such
account as will not cause either Rating Agency to downgrade or withdraw its
then-current rating assigned to the Certificates, as evidenced in writing
by the Rating Agencies.
ERISA: The Employee Retirement Income Security Act of 1974, as
amended.
ERISA-Restricted Certificate: Any Junior Certificate.
Event of Default: An event described in Section 7.01.
Excess Bankruptcy Loss: Any Deficient Valuation or Debt Service
Reduction, or portion thereof, (i) occurring after the Bankruptcy Coverage
Termination Date or (ii) if on such date, in excess of the then-applicable
Bankruptcy Loss Amount.
Excess Fraud Loss: Any Fraud Loss, or portion thereof, (i) occurring
after the Fraud Coverage Termination Date or (ii) if on such date, in
excess of the then-applicable Fraud Loss Amount.
Excess Loss: Any Excess Bankruptcy Loss, Excess Fraud Loss or Excess
Special Hazard Loss.
Excess Special Hazard Loss: Any Special Hazard Loss, or portion
thereof, (i) occurring after the Special Hazard Termination Date or (ii) if
on such date, in excess of the then-applicable Special Hazard Loss Amount.
FDIC: The Federal Deposit Insurance Corporation, or its successor in
interest.
FHLMC: The Federal Home Loan Mortgage Corporation or its successor in
interest.
Financial Intermediary: A broker, dealer, bank or other financial
institution or other Person that clears through or maintains a custodial
relationship with a Depository Participant.
Fitch: Fitch IBCA, Inc. and its successors.
Fitch Formula Amount: As to each Anniversary Determination Date, the
greater of (i) $50,000 and (ii) the product of (x) the greatest Assumed
Monthly Payment Reduction for any Non-Primary Residence Loan whose original
principal balance was 80% or greater of the Original Value thereof, (y) the
weighted average remaining term to maturity (expressed in months) of all
the Non-Primary Residence Loans remaining in the Mortgage Pool as of such
Anniversary Determination Date, and (z) the sum of (A) one plus (B) the
number of all remaining Non-Primary Residence Loans divided by the total
number of Outstanding Mortgage Loans as of such Anniversary Determination
Date.
FNMA: The Federal National Mortgage Association or its successor in
interest.
Formula Amount: As to each Anniversary Determination Date, the greater
of (i) $100,000 and (ii) the product of (x) 0.06% and (y) the Scheduled
Principal Balance of each Mortgage Loan remaining in the Mortgage Pool
whose original principal balance was 75% or greater of the Original Value
thereof.
Fraud Coverage Termination Date: The Distribution Date upon which the
related Fraud Loss Amount has been reduced to zero or a negative number (or
the Cross-Over Date, if earlier).
Fraud Loss: Any Realized Loss attributable to fraud in the origination
of the related Mortgage Loan.
Fraud Loss Amount: As of any Distribution Date after the Cut-off Date,
(x) prior to the first anniversary of the Cut-off Date, an amount equal to
$4,987,507 minus the aggregate amount of Fraud Losses that would have been
allocated to the Junior Certificates in accordance with Section 4.03 in the
absence of the Loss Allocation Limitation since the Cut-off Date, and (y)
from the first to the fifth anniversary of the Cut-off Date, an amount
equal to (1) the lesser of (a) the Fraud Loss Amount as of the most recent
anniversary of the Cut-off Date and (b) 1% (from the first to but excluding
the third anniversaries of the Cut-off Date) or 0.5% (from and including
the third to but excluding the fifth anniversaries of the Cut-off Date) 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 that would have been allocated to the Junior Certificates in
accordance with Section 4.03 in the absence of the Loss Allocation
Limitation since the most recent anniversary of the Cut-off Date. On or
after the fifth anniversary of the Cut-off Date the Fraud Loss Amount shall
be zero.
Group I Final Distribution Date: The Distribution Date on which the
aggregate Certificate Principal Balance of the Group I Senior Certificates
is reduced to zero.
Group I Senior Certificate: Any Class A1, Class A2, Class A4, Class
A5, Class A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class
A12, Class A13, Class A14, Class A15, Class A16, Class A17 or Class R
Certificate.
Initial Certificate Principal Balance: With respect to any
Certificate, other than a Notional Certificate, the Certificate Principal
Balance of such Certificate or any predecessor Certificate on the Closing
Date.
Initial LIBOR Rate: 4.90370%.
Insurance Proceeds: Proceeds paid pursuant to the Primary Insurance
Policies, if any, and amounts paid by any insurer pursuant to any other
insurance policy covering a Mortgage Loan.
Insured Expenses: Expenses covered by the Primary Insurance Policies,
if any, or any other insurance policy or policies applicable to the
Mortgage Loans.
Interest Accrual Period: With respect to any Distribution Date and any
Class of Certificates (other than any Class of Principal Only or LIBOR
Certificates) or Component, the one-month period ending on the last day of
the month preceding the month in which such Distribution Date occurs. With
respect to any Distribution Date other than the first Distribution Date and
any Class of LIBOR Certificates, the one-month period commencing on the
25th day of the preceding month and ending on the 24th day of the month in
which such Distribution Date occurs. With respect to the first Distribution
Date and any Class of LIBOR Certificates, the one-month period commencing
on the 24th day of the preceding month and ending on the 24th day of the
month in which such Distribution Date occurs.
Interest Losses: The interest portion of (i) on or prior to the
Cross-Over Date, any Excess Losses and (ii) after the Cross-Over Date, any
Realized Losses and Debt Service Reductions.
Interest Settlement Rate: With respect to any Interest Accrual Period,
the rate (expressed as a percentage per annum) for one-month U.S. Dollar
deposits reported by the BBA at 11:00 a.m. London time on the related LIBOR
Determination Date and as it appears on the Designated Telerate Page.
Interest Shortfall: With respect to any Distribution Date and each
Mortgage Loan that during the related Prepayment Period was the subject of
a Voluntary Principal Prepayment or constitutes a Relief Act Mortgage Loan,
an amount determined as follows:
(A) partial principal prepayments: one month's interest at the
applicable Net Mortgage Rate on the amount of such prepayment;
(B) principal prepayments in full received on or after the
sixteenth day of the month preceding the month of such Distribution
Date (or, in the case of the first Distribution Date, on or after the
Cut-off Date) but on or before the last day of the month preceding the
month of such Distribution Date, the difference between (i) one
month's interest at the applicable Net Mortgage Rate on the Scheduled
Principal Balance of such Mortgage Loan immediately prior to such
prepayment and (ii) the amount of interest for the calendar month of
such prepayment (adjusted to the applicable Net Mortgage Rate)
received at the time of such prepayment;
(C) principal prepayments in full received by the Company (or of
which the Company receives notice, in the case of a Mortgage Loan
serviced by a Primary Servicer) on or after the first day but on or
before the fifteenth day of the month of such Distribution Date: none;
and
(D) Relief Act Mortgage Loans: As to any Relief Act Mortgage
Loan, the excess of (i) 30 days' interest (or, in the case of a
Principal Prepayment in full, interest to the date of prepayment) on
the Scheduled Principal Balance thereof (or, in the case of a
Principal Prepayment in part, on the amount so prepaid) at the related
Net Mortgage Rate over (ii) 30 days' interest (or, in the case of a
Principal Prepayment in full, interest to the date of prepayment) on
such Scheduled Principal Balance (or, in the case of a Principal
Prepayment in part, on the amount so prepaid) at the Net Mortgage Rate
required to be paid by the Mortgagor as limited by application of the
Relief Act.
Junior Certificate: Any Class M or Class B Certificate.
Junior Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum of the following (but in no event greater than the
aggregate Certificate Principal Balance of the Junior Certificates
immediately prior to such Distribution Date):
(i) the Junior Percentage of the applicable Non-PO Percentage of
the principal portion of each Monthly Payment due on the related Due
Date on each Outstanding Mortgage Loan as of such Due Date as
specified in the amortization schedule at the time applicable thereto
(after adjustment for previous Principal Prepayments and the principal
portion of Debt Service Reductions subsequent to the Bankruptcy
Coverage Termination Date but before any adjustment to such
amortization schedule by reason of any bankruptcy (other than as
aforesaid) or similar proceeding or any moratorium or similar waiver
or grace period);
(ii) the Junior Prepayment Percentage of the applicable Non-PO
Percentage of all principal prepayments in part received during the
related Prepayment Period, and 100% of any Senior Optimal Principal
Amount not distributed to the Senior Certificates on such Distribution
Date, together with the Junior Prepayment Percentage of the applicable
Non-PO Percentage of the Scheduled Principal Balance of each Mortgage
Loan which was the subject of a Voluntary Principal Prepayment in full
during the related Prepayment Period;
(iii) the excess, if any, of (x) the applicable Non-PO Percentage
of the sum of (A) all Net Liquidation Proceeds allocable to principal
received during the related Prepayment Period (other than in respect
of Mortgage Loans described in clause (B)) and (B) the principal
balance of each Mortgage Loan that was purchased by an insurer from
the Trustee during the related Prepayment Period pursuant to the
related Primary Insurance Policy, over (y) the amount distributable
pursuant to clause (iii) of the definition of Senior Optimal Principal
Amount on such Distribution Date;
(iv) the Junior Prepayment Percentage of the applicable Non-PO
Percentage of the Scheduled Principal Balance of each Mortgage Loan
which was purchased on such Distribution Date pursuant to Section
2.02, 2.03(a) or 3.16; and
(v) the Junior Prepayment Percentage of the applicable Non-PO
Percentage of the Substitution Amount for any Mortgage Loan
substituted during the month of such Distribution Date.
For purposes of clause (ii) above, a Voluntary Principal
Prepayment in full with respect to a Mortgage Loan serviced by a
Primary Servicer shall be deemed to have been received when the
Company, as servicer, receives notice thereof.
After the Class Certificate Principal Balances of the Junior
Certificates have been reduced to zero, the Junior Optimal Principal
Amount shall be zero.
Junior Percentage: As to any Distribution Date, the excess of 100%
over the Senior Percentage for such Distribution Date.
Junior Prepayment Percentage: As to any Distribution Date, the excess
of 100% over the Senior Prepayment Percentage for such Distribution Date,
except that (i) after the aggregate Certificate Principal Balance of the
Senior Certificates other than the Class PO Certificates has been reduced
to zero, the Junior Prepayment Percentage shall be 100%, and (ii) after the
Cross-Over Date, the Junior Prepayment Percentage shall be zero.
Latest Possible Maturity Date: June 25, 2031.
LIBOR: With respect to any Interest Accrual Period, the per annum rate
determined, pursuant to Section 5.08, on the basis of the Interest
Settlement Rate or as otherwise provided in such Section.
LIBOR Certificate: Any Class A2 or Class A4 Certificate.
LIBOR Determination Date: The second London Banking Day immediately
preceding the commencement of each Interest Accrual Period for any LIBOR
Certificates.
Liquidated Mortgage Loan: Any defaulted Mortgage Loan as to which the
Company has determined that all amounts which it expects to recover on
behalf of the Trust Fund from or on account of such Mortgage Loan have been
recovered, including any Mortgage Loan with respect to which the Company
determines not to foreclose upon the related Mortgaged Property based on
its belief that such Mortgaged Property may be contaminated with or
affected by hazardous or toxic wastes, materials or substances.
Liquidation Expenses: Expenses which are incurred by the Company in
connection with the liquidation of any defaulted Mortgage Loan and not
recovered by the Company under any Primary Insurance Policy for reasons
other than the Company's failure to comply with Section 3.05, such expenses
including, without limitation, legal fees and expenses, and, regardless of
when incurred, any unreimbursed amount expended by the Company pursuant to
Section 3.03 or Section 3.06 respecting the related Mortgage Loan and any
related and unreimbursed Property Protection Expenses.
Liquidation Proceeds: Cash (other than Insurance Proceeds) received in
connection with the liquidation of any defaulted Mortgage Loan whether
through judicial foreclosure or otherwise.
Living Holder: Any Certificate Owner of a Designated Retail
Certificate, other than a Deceased Holder.
Loan-to-Value Ratio: With respect to each Mortgage Loan, the original
principal amount of such Mortgage Loan, divided by the Original Value of
the related Mortgaged Property.
London Banking Day: Any day on which banks are open for dealing in
foreign currency and exchange in London, England.
Loss Allocation Limitation: As defined in Section 4.03(g).
Minimum Servicing Standards: As defined in Section 3.13(a).
MLCC: Merrill Lynch Credit Corporation, or its successor in interest.
Monthly Advance: With respect to any Distribution Date, the aggregate
of the advances required to be made by the Company pursuant to Section
4.04(a) (or by the Trustee pursuant to Section 4.04(b)) on such
Distribution Date, the amount of any such Monthly Advance being equal to
(a) the aggregate of payments of principal and interest (adjusted to the
related Net Mortgage Rate) on the Mortgage Loans that were due on the
related Due Date, without regard to any arrangements entered into by the
Company with the related Mortgagors pursuant to Section 3.02(a)(ii), and
delinquent as of the close of business on the Business Day next preceding
the related Determination Date, less (b) the amount of any such payments
which the Company or the Trustee, as applicable, in its reasonable judgment
believes will not be ultimately recoverable by it either out of late
payments by the Mortgagor, Net Liquidation Proceeds, Insurance Proceeds,
REO Proceeds or otherwise. With respect to any Mortgage Loan, the portion
of any such advance or advances made with respect thereto.
Monthly Payment: The scheduled monthly payment on a Mortgage Loan for
any month allocable to principal or interest on such Mortgage Loan.
Moody's: Moody's Investors Service, Inc. and its successors.
Mortgage: The mortgage or deed of trust creating a first lien on a fee
simple interest or leasehold estate in real property securing a Mortgage
Note.
Mortgage 100SM Loan: A Mortgage Loan identified on Exhibit N hereof
that has a Loan-to-Value Ratio at origination in excess of 80.00% and that
is secured by Additional Collateral and does not have a Primary Insurance
Policy.
Mortgage File: The mortgage documents listed in Section 2.01
pertaining to a particular Mortgage Loan and any additional documents
required to be added to such documents pursuant to this Agreement.
Mortgage Loan Payment Record: The record maintained by the Company
pursuant to Section 3.02(b).
Mortgage Loan Schedule: As of any date of determination, the schedule
of Mortgage Loans included in the Trust Fund. The initial schedule of
Mortgage Loans as of the Cut-off Date is attached hereto as Exhibit C.
Mortgage Loans: As of any date of determination, each of the mortgage
loans identified on the Mortgage Loan Schedule (as amended pursuant to
Section 2.03(b)) delivered and assigned to the Trustee pursuant to Section
2.01 or 2.03(b), and not theretofore released from the Trust Fund by the
Trustee.
Mortgage Note: With respect to any Mortgage Loan, the note or other
evidence of indebtedness (which may consist of a Confirmatory Mortgage
Note) evidencing the indebtedness of a Mortgagor under such Mortgage Loan.
Mortgage Pool: The aggregate of the Mortgage Loans identified in the
Mortgage Loan Schedule.
Mortgage Rate: The per annum rate of interest borne by a Mortgage Loan
as set forth in the related Mortgage Note.
Mortgaged Property: The underlying real property securing the Mortgage
Loan, or with respect to a Cooperative Loan, the related Proprietary Lease
and Cooperative Stock.
Mortgagor: With respect to any Mortgage Loan, each obligor on the
related Mortgage Note.
Net Interest Shortfall: With respect to any Distribution Date, the
excess, if any, of the aggregate Interest Shortfalls allocable to the
Certificates (as determined in accordance with the definition of Interest
Shortfall) for such Distribution Date over any Compensating Interest
Payment for such date.
Net Liquidation Proceeds: As to any Liquidated Mortgage Loan, the sum
of (i) any Liquidation Proceeds therefor less the related Liquidation
Expenses, and (ii) any Insurance Proceeds therefor, other than any such
Insurance Proceeds applied to the restoration of the related Mortgaged
Property. Net Mortgage Rate: With respect to any Mortgage Loan, the related
Mortgage Rate less the applicable Servicing Fee Rate.
Non-Book-Entry Certificate: Any Certificate other than a Book-Entry
Certificate.
Non-Discount Mortgage Loan: Any Mortgage Loan with a Net Mortgage Rate
greater than or equal to the Designated Rate.
Non-permitted Foreign Holder: As defined in Section 5.02(b).
Non-PO Percentage: As to any Discount Mortgage Loan, a fraction
(expressed as a percentage), the numerator of which is the Net Mortgage
Rate of such Discount Mortgage Loan and the denominator of which is the
Designated Rate. As to any Non-Discount Mortgage Loan, 100%.
Non-Primary Residence Loan: Any Mortgage Loan secured by a Mortgaged
Property that is (on the basis of representations made by the Mortgagors at
origination) a second home or investor-owned property.
Nonrecoverable Advance: All or any portion of any Monthly Advance or
Monthly Advances previously made by the Company (or the Trustee) which, in
the reasonable judgment of the Company (or, as applicable, the Trustee)
will not be ultimately recoverable from related Net Liquidation Proceeds,
Insurance Proceeds, REO Proceeds or otherwise. The determination by the
Company that it has made a Nonrecoverable Advance or that any advance, if
made, would constitute a Nonrecoverable Advance, shall be evidenced by an
Officer's Certificate of the Company delivered to the Trustee and detailing
the reasons for such determination.
Non-U.S. Person: As defined in Section 4.02(c).
Notional Certificate: Any Class S Certificate.
Notional Component: None.
Notional Component Balance: None.
Notional Principal Balance: As to any Distribution Date and the Class
S Certificates, the aggregate Scheduled Principal Balance of the
Outstanding Non-Discount Mortgage Loans as of the Due Date in the month
preceding such Distribution Date. As to any Distribution Date and any Class
S Certificate, such Certificate's Percentage Interest of the aggregate
Notional Principal Balance of the Class S Certificates for such
Distribution Date.
Officer's Certificate: A certificate signed by the President, a Senior
Vice President or a Vice President of the Company and delivered to the
Trustee.
Opinion of Counsel: A written opinion of counsel, who may be counsel
for the Company; provided, however, that any Opinion of Counsel with
respect to the interpretation or application of the REMIC Provisions or the
status of an account as an Eligible Account shall be the opinion of
independent counsel satisfactory to the Trustee.
Original Subordinate Principal Balance: As set forth in the definition
of Senior Prepayment Percentage.
Original Value: The value of the property underlying a Mortgage Loan
based, in the case of the purchase of the underlying Mortgaged Property, on
the lower of an appraisal satisfactory to the Company or the sales price of
such property or, in the case of a refinancing, on an appraisal
satisfactory to the Company.
Outstanding Mortgage Loan: With respect to any Due Date, a Mortgage
Loan which, prior to such Due Date, was not the subject of a Principal
Prepayment in full, did not become a Liquidated Mortgage Loan and was not
purchased pursuant to Section 2.02, 2.03(a) or 3.16 or replaced pursuant to
Section 2.03(b).
Outstanding Non-Discount Mortgage Loan: Any Outstanding Mortgage Loan
that is a Non-Discount Mortgage Loan.
PAC Balance: As to any Distribution Date and any Class of PAC
Certificates and any PAC Component, the balance designated as such for such
Distribution Date and such Class or Component as set forth in the Principal
Balance Schedules.
PAC Certificate: None.
PAC Component: None.
Parent PowerSM Loan: A Mortgage Loan identified on Exhibit N hereto
that has a Loan-to-Value Ratio at origination in excess of 80.00%, that is
supported by Additional Collateral and does not have a Primary Insurance
Policy.
Pay-out Rate: With respect to any Class of Certificates (other than
any Class of Principal Only Certificates) and any Distribution Date, the
rate at which interest is distributed on such Class on such Distribution
Date and which is equal to a fraction (expressed as an annualized
percentage) the numerator of which is the Accrued Certificate Interest for
such Class and Distribution Date, and the denominator of which is the Class
Certificate Principal Balance (or, in the case of the Notional
Certificates, the Notional Principal Balance) of such Class immediately
prior to such Distribution Date.
Percentage Interest: With respect to any Certificate, the percentage
interest in the undivided beneficial ownership interest in the Trust Fund
evidenced by Certificates of the same Class as such Certificate. With
respect to any Certificate, the Percentage Interest evidenced thereby shall
equal the Initial Certificate Principal Balance (or, in the case of a
Notional Certificate, the initial Notional Principal Balance) thereof
divided by the aggregate Initial Certificate Principal Balance (or, in the
case of a Notional Certificate, the aggregate initial Notional Principal
Balance) of all Certificates of the same Class.
Permitted Investments: One or more of the following; provided,
however, that no such Permitted Investment may mature later than the
Business Day preceding the Distribution Date after such investment except
as otherwise provided in Section 3.02(e) hereof, provided, further, that
such investments qualify as "cash flow investments" as defined in section
860G(a)(6) of the Code:
(i) obligations of, or guaranteed as to timely receipt of
principal and interest by, the United States or any agency or
instrumentality thereof when such obligations are backed by the full
faith and credit of the United States;
(ii) repurchase agreements on obligations specified in clause (i)
provided that the unsecured obligations of the party agreeing to
repurchase such obligations are at the time rated by each Rating
Agency in the highest long-term rating category;
(iii) federal funds, certificates of deposit, time deposits and
banker's acceptances, of any U.S. depository institution or trust
company incorporated under the laws of the United States or any state
provided that the debt obligations of such depository institution or
trust company at the date of acquisition thereof have been rated by
each Rating Agency in the highest long-term rating category;
(iv) commercial paper of any corporation incorporated under the
laws of the United States or any state thereof which on the date of
acquisition has the highest short term rating of each Rating Agency;
and
(v) other obligations or securities that are acceptable to each
Rating Agency as a Permitted Investment hereunder and will not, as
evidenced in writing, result in a reduction or withdrawal in the then
current rating of the Certificates.
Notwithstanding the foregoing, Permitted Investments shall not
include "stripped securities" and investments which contractually may
return less than the purchase price therefor.
Person: Any legal person, including any individual, corporation,
partnership, limited liability company, joint venture, association,
joint-stock company, trust, unincorporated organization or government or
any agency or political subdivision thereof.
Plan: Any Person which is an employee benefit plan subject to ERISA or
a plan subject to section 4975 of the Code.
Pledged Asset Loan-to-Value Ratio: With respect to any Pledged Asset
Mortgage Loan, (i) the original loan amount less the portion of any
required Additional Collateral which is covered by the Surety Bond, divided
by (ii) the Original Value of the related Mortgaged Property.
Pledged Asset Mortgage Loan: Each Mortgage 100SM Loan and Parent
PowerSM Loan purchased from MLCC that is supported by Additional Collateral
and identified on Exhibit N hereto.
Pledged Asset Mortgage Servicing Agreement: The Amended and Restated
Pledged Asset Mortgage Servicing Agreement, dated as of June 2, 1998,
between MLCC and the Company.
PO Percentage: As to any Discount Mortgage Loan, a fraction (expressed
as a percentage), the numerator of which is the excess of the Designated
Rate over the Net Mortgage Rate of such Discount Mortgage Loan and the
denominator of which is the Designated Rate. As to any Non-Discount
Mortgage Loan, 0%.
Pool Scheduled Principal Balance: With respect to any Distribution
Date, the aggregate Scheduled Principal Balance of all the Mortgage Loans
that were Outstanding Mortgage Loans on the Due Date in the month next
preceding the month of such Distribution Date (or, in the case of the first
Distribution Date, the Cut-off Date; or, if so specified, such other date).
Prepayment Assumption: The assumed fixed schedule of prepayments on a
pool of new mortgage loans with such schedule given as a monthly sequence
of prepayment rates, expressed as annualized percent values. These values
start at 0.2% per year in the first month, increase by 0.2% per year in
each succeeding month until month 30, ending at 6.0% per year. At such
time, the rate remains constant at 6.0% per year for the balance of the
remaining term. Multiples of the Prepayment Assumption are calculated from
this prepayment rate series.
Prepayment Assumption Multiple: 275% of the Prepayment Assumption.
Prepayment Distribution Trigger: As of any Distribution Date and as to
each Class of Class B Certificates, the related Prepayment Distribution
Trigger is satisfied if (x) the fraction, expressed as a percentage, the
numerator of which is the aggregate Class Certificate Principal Balance of
such Class and each Class subordinate thereto, if any, on such Distribution
Date, and the denominator of which is the Pool Scheduled Principal Balance
for such Distribution Date, equals or exceeds (y) such percentage
calculated as of the Closing Date.
Prepayment Interest Excess: As to any Voluntary Principal Prepayment
in full received from the first day through the fifteenth day of any
calendar month (other than the calendar month in which the Cut-off Date
occurs), all amounts paid in respect of interest on such Principal
Prepayment. For purposes of determining the amount of Prepayment Interest
Excess for any month, a Voluntary Principal Prepayment in full with respect
to a Mortgage Loan serviced by a Primary Servicer shall be deemed to have
been received when the Company, as servicer, receives notice thereof. All
Prepayment Interest Excess shall be retained by the Company, as servicer,
as additional servicing compensation.
Prepayment Period: With respect to any Distribution Date and any
Voluntary Principal Prepayment in part or other Principal Prepayment other
than a Voluntary Principal Prepayment in full, the calendar month preceding
the month of such Distribution Date; with respect to any Distribution Date
and any Voluntary Principal Prepayment in full, the period beginning on the
sixteenth day of the calendar month preceding the month of such
Distribution Date (or, in the case of the first Distribution Date,
beginning on the Cut-off Date) and ending on the fifteenth day of the month
in which such Distribution Date occurs.
Primary Insurance Policy: The certificate of private mortgage
insurance relating to a particular Mortgage Loan, or an electronic screen
print setting forth the information contained in such certificate of
private mortgage insurance, including, without limitation, information
relating to the name of the mortgage insurance carrier, the certificate
number, the loan amount, the property address, the effective date of
coverage, the amount of coverage and the expiration date of the policy.
Each such policy covers defaults by the Mortgagor, which coverage shall
equal the portion of the unpaid principal balance of the related Mortgage
Loan that exceeds 75% (or such lesser coverage required or permitted by
FNMA or FHLMC) of the Original Value of the underlying Mortgaged Property.
Primary Servicer: Any servicer with which the Company has entered into
a servicing agreement, as described in Section 3.01(f).
Principal Balance Schedules: Any principal balance schedules attached
hereto, if applicable, as Exhibit B, setting forth the PAC Balances of any
PAC Certificates and PAC Components, the TAC Balances of any TAC
Certificates and TAC Components and the Scheduled Balances of any Scheduled
Certificates and Scheduled Components.
Principal Distribution Request: Any request for a distribution in
reduction of the Class Certificate Principal Balance of any Designated
Retail Certificate, submitted in writing to a Depository Participant or
Financial Intermediary (or, if such Designated Retail Certificate is no
longer represented by a Book-Entry Certificate, to the Trustee) by the
Certificate Owner (or Certificateholder) of such Designated Retail
Certificate pursuant to Section 4.10(c) or 4.10(g), as applicable.
Principal Only Certificate: Any Class A14 or Class PO Certificate.
Principal Only Component: None.
Principal Prepayment: Any payment or other recovery of principal on a
Mortgage Loan (including, for this purpose, any refinancing permitted by
Section 3.01 and any REO Proceeds treated as such pursuant to Section
3.08(b)) which is received in advance of its scheduled Due Date and is not
accompanied by an amount of interest representing scheduled interest for
any month subsequent to the month of prepayment.
Private Placement Memorandum: The Company's private placement
memorandum relating to the placement of the Restricted Junior Certificates
dated the date of the prospectus supplement referred to in the definition
of Prospectus.
Prohibited Transaction Exemption: U.S. Department of Labor Prohibited
Transaction Exemption 90-29, 55 Fed. Reg. 21459, May 24, 1990.
Property Protection Expenses: With respect to any Mortgage Loan,
expenses paid or incurred by or for the account of the Company in
accordance with the related Mortgage for (a) real estate property taxes and
property repair, replacement, protection and preservation expenses and (b)
similar expenses reasonably paid or incurred to preserve or protect the
value of such Mortgage to the extent the Company is not reimbursed therefor
pursuant to the Primary Insurance Policy, if any, or any other insurance
policy with respect thereto.
Proprietary Lease: With respect to a Cooperative Loan, the proprietary
lease(s) or occupancy agreement with respect to the Cooperative Apartment
occupied by the Mortgagor and relating to the related Cooperative Stock,
which lease or agreement confers an exclusive right to the holder of such
Cooperative Stock to occupy such apartment.
Prospectus: The Company's prospectus supplement dated June 22, 1999,
and the related prospectus dated April 22, 1999, relating to the public
offering of the Certificates other than the Restricted Certificates.
Purchase Price: With respect to any Mortgage Loan required or
permitted to be purchased hereunder from the Trust Fund, an amount equal to
100% of the unpaid principal balance thereof plus interest thereon at the
applicable Mortgage Rate from the date to which interest was last paid to
the first day of the month in which such purchase price is to be
distributed; provided, however, that if the Company is the servicer
hereunder, such purchase price shall be net of unreimbursed Monthly
Advances with respect to such Mortgage Loan, and the interest component of
the Purchase Price may be computed on the basis of the Net Mortgage Rate
for such Mortgage Loan.
QIB: A "qualified institutional buyer" as defined in Rule 144A under
the Securities Act of 1933, as amended.
Random Lot: With respect to any Distribution Date prior to the
Cross-Over Date, if the amount available for distribution in reduction of
the Class Certificate Principal Balance of any Class of Designated Retail
Certificates on such Distribution Date exceeds the amount needed to honor
all Principal Distribution Requests with respect to such Class on such
date, the method by which the Depository will determine which Depository
Participants holding interests in such Class of Certificates will receive
payments of amounts distributable in respect of principal on such Class on
such Distribution Date, using its established random lot procedures or, if
such Class of Certificates is no longer represented by Book-Entry
Certificates, the method by which the Trustee will determine which
Certificates of such Class will receive payments of amounts distributable
in respect of principal on such Class on such Distribution Date, using its
own random lot procedures comparable to those used by the Depository.
Rating Agency: Any statistical credit rating agency, or its successor,
that rated any of the Certificates at the request of the Company at the
time of the initial issuance of the Certificates. If 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 Company, notice of which designation shall be given to the Trustee.
References herein to the two highest long-term rating categories of a
Rating Agency shall mean such ratings without any modifiers. As of the date
of the initial issuance of the Certificates, the Rating Agencies are Fitch
and S&P; except that for purposes of the Junior Certificates, other than
the Class B5 Certificates, Fitch shall be the sole Rating Agency. The Class
B5 Certificates are issued without ratings.
Realized Loss: Any (i) Deficient Valuation or (ii) as to any
Liquidated Mortgage Loan, (x) the unpaid principal balance of such
Liquidated Mortgage Loan plus accrued and unpaid interest thereon at the
Net Mortgage Rate through the last day of the month of such liquidation
less (y) the related Liquidation Proceeds and Insurance Proceeds (as
reduced by the related Liquidation Expenses).
Record Date: The last Business Day of the month immediately preceding
the month of the related Distribution Date.
Reference Banks: As defined in Section 5.08.
Relief Act: The Soldiers' and Sailors' Civil Relief Act of 1940, as
amended.
Relief Act Mortgage Loan: Any Mortgage Loan as to which the Monthly
Payment thereof has been reduced due to the application of the Relief Act.
REMIC: A "real estate mortgage investment conduit" within the meaning
of section 860D of the Code.
REMIC Provisions: Provisions of the federal income tax law relating to
real estate mortgage investment conduits, which appear at sections 860A
through 860G of Part IV of Subchapter M of Chapter 1 of the Code, and
related provisions, and U.S. Department of the Treasury temporary or final
regulations promulgated thereunder, as the foregoing may be in effect from
time to time, as well as provisions of applicable state laws.
REO Mortgage Loan: Any Mortgage Loan which is not a Liquidated
Mortgage Loan and as to which the related Mortgaged Property is held as
part of the Trust Fund.
REO Proceeds: Proceeds, net of any related expenses of the Company,
received in respect of any REO Mortgage Loan (including, without
limitation, proceeds from the rental of the related Mortgaged Property).
Required Surety Payment: With respect to any Pledged Asset Mortgage
Loan that becomes a Liquidated Mortgage Loan, the lesser of (i) the
principal portion of the Realized Loss with respect to such Mortgage Loan
and (ii) the excess, if any, of (a) the amount of Additional Collateral
required at origination with respect to such Mortgage Loan which is covered
by the Surety Bond over (b) the net proceeds realized by MLCC from the
liquidation of the related Additional Collateral.
Reserve Fund: None.
Reserve Interest Rate: As defined in Section 5.08.
Residual Certificate: Any Class R Certificate.
Responsible Officer: When used with respect to the Trustee, any
officer or assistant officer assigned to and working in the Corporate Trust
Department of the Trustee 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.
Restricted Certificate: Any Restricted Junior Certificate, Class PO or
Class S Certificate.
Restricted Junior Certificate: Any Class B3, Class B4 or Class B5
Certificate.
Rounding Account: With respect to each Class of Designated Retail
Certificates, the respective segregated, non-interest bearing Eligible
Account created and maintained therefor pursuant to Section 4.10.
Rounding Account Depositor: Merrill Lynch, Pierce, Fenner & Smith
Incorporated.
Rounding Amount: With respect to any Class of Designated Retail
Certificates and each Distribution Date prior to the Cross-Over Date on
which such Class of Certificates is entitled to a distribution in reduction
of the Class Certificate Principal Balance thereof, the amount, if any,
necessary to round the aggregate of such distribution (after giving effect
to any deposit into the related Rounding Account on such Distribution Date)
upward to the next higher integral multiple of $1,000.
S&P: Standard & Poor's Ratings Services, a division of The McGraw-Hill
Companies, Inc., and its successors.
SAIF: The Savings Association Insurance Fund of the FDIC, or its
successor in interest.
Scheduled Balance: As to any Distribution Date and any Class of
Scheduled Certificates and any Scheduled Component, the balance designated
as such for such Distribution Date and such Class or Component as set forth
in the Principal Balance Schedules.
Scheduled Certificate: None.
Scheduled Component: None.
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 next preceding the month of such Distribution Date (or, if so
specified, such other date) as specified in the amortization schedule at
the time relating to such Mortgage Loan (before any adjustment to such
amortization schedule by reason of any bankruptcy or similar proceeding or
any moratorium or similar waiver or grace period) after giving effect to
any previous Principal Prepayments, Deficient Valuations incurred
subsequent to the Bankruptcy Coverage Termination Date, adjustments due to
the application of the Relief Act and the payment of principal due on such
Due Date, irrespective of any delinquency in payment by the related
Mortgagor. As to any Mortgage Loan and the Cut-off Date, the "unpaid
balance" thereof specified in the initial Mortgage Loan Schedule.
Security Agreement: With respect to a Cooperative Loan, the agreement
creating a security interest in favor of the originator in the related
Cooperative Stock and Proprietary Lease.
Senior Certificate: Any Certificate other than a Junior Certificate or
Class S Certificate.
Senior Certificate Principal Balance: As of any Distribution Date, an
amount equal to the sum of the Certificate Principal Balances of the Senior
Certificates (other than any Class PO Certificates).
Senior Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum of:
(i) the Senior Percentage of the applicable Non-PO Percentage of
the principal portion of each Monthly Payment due on the related Due
Date on each Outstanding Mortgage Loan as of such Due Date as
specified in the amortization schedule at the time applicable thereto
(after adjustments for previous Principal Prepayments and the
principal portion of Debt Service Reductions subsequent to the
Bankruptcy Coverage Termination Date but before any adjustment to such
amortization schedule by reason of any bankruptcy (except as
aforesaid) or similar proceeding or any moratorium or similar waiver
or grace period);
(ii) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of all principal prepayments in part received during the
related Prepayment Period, together with the Senior Prepayment
Percentage of the applicable Non-PO Percentage of the Scheduled
Principal Balance of each Mortgage Loan which was the subject of a
Voluntary Principal Prepayment in full during the related Prepayment
Period;
(iii) the lesser of (x) the Senior Percentage of the applicable
Non-PO Percentage of the sum of (A) the Scheduled Principal Balance of
each Mortgage Loan that became a Liquidated Mortgage Loan (other than
Mortgage Loans described in clause (B)) during the related Prepayment
Period and (B) the Scheduled Principal Balance of each Mortgage Loan
that was purchased by an insurer from the Trustee during the related
Prepayment Period pursuant to the related Primary Insurance Policy, as
reduced in each case by the Senior Percentage of the applicable Non-PO
Percentage of the principal portion of any Excess Losses (other than
Excess Bankruptcy Losses attributable to Debt Service Reductions), and
(y) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of the sum of (A) all Net Liquidation Proceeds allocable to
principal received in respect of each such Liquidated Mortgage Loan
(other than Mortgage Loans described in clause (B)) and (B) the
principal balance of each such Mortgage Loan purchased by an insurer
from the Trustee pursuant to the related Primary Insurance Policy, in
each case during the related Prepayment Period;
(iv) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of the Scheduled Principal Balance of each Mortgage Loan
which was purchased on such Distribution Date pursuant to Section
2.02, 2.03(a) or 3.16; and
(v) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of the Substitution Amount for any Mortgage Loan
substituted during the month of such Distribution Date.
For purposes of clause (ii) above, a Voluntary Principal
Prepayment in full with respect to a Mortgage Loan serviced by a
Primary Servicer shall be deemed to have been received when the
Company, as servicer, receives notice thereof.
Senior Percentage: As to any Distribution Date, the lesser of (i) 100%
and (ii) the percentage (carried to six places rounded up) obtained by
dividing the Senior Certificate Principal Balance immediately prior to such
Distribution Date by an amount equal to the sum of the Certificate
Principal Balances of all the Certificates other than any Class PO
Certificates immediately prior to such Distribution Date.
Senior Prepayment Percentage: For any Distribution Date occurring
prior to the fifth anniversary of the first Distribution Date, 100%. For
any Distribution Date occurring on or after the fifth anniversary of the
first Distribution Date, an amount as follows:
(i) for any Distribution Date subsequent to June 2004 to and
including the Distribution Date in June 2005, the Senior Percentage
for such Distribution Date plus 70% of the Junior Percentage for such
Distribution Date;
(ii) for any Distribution Date subsequent to June 2005 to and
including the Distribution Date in June 2006, the Senior Percentage
for such Distribution Date plus 60% of the Junior Percentage for such
Distribution Date;
(iii) for any Distribution Date subsequent to June 2006 to and
including the Distribution Date in June 2007, the Senior Percentage
for such Distribution Date plus 40% of the Junior Percentage for such
Distribution Date;
(iv) for any Distribution Date subsequent to June 2007 to and
including the Distribution Date in June 2008, the Senior Percentage
for such Distribution Date plus 20% of the Junior Percentage for such
Distribution Date; and
(v) for any Distribution Date thereafter, the Senior Percentage
for such Distribution Date.
Notwithstanding the foregoing, if on any Distribution Date the
Senior Percentage exceeds the Senior Percentage as of the Closing
Date, the Senior Prepayment Percentage for such Distribution Date will
equal 100%.
In addition, notwithstanding the foregoing, no reduction of the
Senior Prepayment Percentage below the level in effect for the most
recent prior period as set forth in clauses (i) through (iv) above
shall be effective on any Distribution Date unless at least one of the
following two tests is satisfied:
Test I: If, as of the last day of the month preceding such
Distribution Date, (i) the aggregate Scheduled Principal Balance of
Mortgage Loans delinquent 60 days or more (including for this purpose any
Mortgage Loans in foreclosure and REO Mortgage Loans) as a percentage of
the aggregate Class Certificate Principal Balance of the Junior
Certificates as of such date, does not exceed 50%, and (ii) cumulative
Realized Losses with respect to the Mortgage Loans do not exceed (a) 30% of
the aggregate Class Certificate Principal Balance of the Junior
Certificates as of the Closing Date (the "Original Subordinate Principal
Balance") if such Distribution Date occurs between and including July 2004
and June 2005, (b) 35% of the Original Subordinate Principal Balance if
such Distribution Date occurs between and including July 2005 and June
2006, (c) 40% of the Original Subordinate Principal Balance if such
Distribution Date occurs between and including July 2006 and June 2007, (d)
45% of the Original Subordinate Principal Balance if such Distribution Date
occurs between and including July 2007 and June 2008 and (e) 50% of the
Original Subordinate Principal Balance if such Distribution Date occurs
during or after July 2008; or
Test II: If, as of the last day of the month preceding such
Distribution Date, (i) the aggregate Scheduled Principal Balance of
Mortgage Loans delinquent 60 days or more (including for this purpose any
Mortgage Loans in foreclosure and REO Mortgage Loans) averaged over the
last three months, as a percentage of the aggregate Scheduled Principal
Balance of Mortgage Loans averaged over the last three months, does not
exceed 4%, and (ii) cumulative Realized Losses with respect to the Mortgage
Loans do not exceed (a) 10% of the Original Subordinate Principal Balance
if such Distribution Date occurs between and including July 2004 and June
2005, (b) 15% of the Original Subordinate Principal Balance if such
Distribution Date occurs between and including July 2005 and June 2006, (c)
20% of the Original Subordinate Principal Balance if such Distribution Date
occurs between and including July 2006 and June 2007, (d) 25% of the
Original Subordinate Principal Balance if such Distribution Date occurs
between and including July 2007 and June 2008 and (e) 30% of the Original
Subordinate Principal Balance if such Distribution Date occurs during or
after July 2008.
Senior Principal Priorities: The priorities for the distribution of
principal to the Senior Certificates as set forth in Exhibit O hereto.
Servicer's Certificate: A certificate, completed by and executed on
behalf of the Company by a Servicing Officer in accordance with Section
4.06, substantially in the form of Exhibit D hereto or in such other form
as the Company and the Trustee shall agree.
Servicing Fee: As to any Mortgage Loan and Distribution Date, an
amount equal to the product of (i) the Scheduled Principal Balance of such
Mortgage Loan as of the Due Date in the preceding calendar month and (ii)
the Servicing Fee Rate for such Mortgage Loan.
Servicing Fee Rate: As to any Mortgage Loan, the per annum rate
identified as such for such Mortgage Loan and set forth in the Mortgage
Loan Schedule.
Servicing Officer: Any officer of the Company involved in, or
responsible for, the administration and servicing of the Mortgage Loans
whose name appears on a list of servicing officers attached to an Officer's
Certificate furnished to the Trustee by the Company, as such list may from
time to time be amended.
Single Certificate: A Certificate with an Initial Certificate
Principal Balance, or initial Notional Principal Balance, of $1,000 or, in
the case of a Class of Certificates issued with an initial Class
Certificate Principal Balance or initial Notional Principal Balance of less
than $1,000, such lesser amount.
Special Event Loss: Any Fraud Loss, Special Hazard Loss or Deficient
Valuation.
Special Hazard Loss: (i) A Realized 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 required to be
maintained in respect of such Mortgaged Property under Section 3.06 and (b)
any loss caused by or resulting from:
(A) normal wear and tear;
(B) conversion or other dishonest act on the part of the Trustee,
the Company or any of their agents or employees; or
(C) errors in design, faulty workmanship or faulty materials,
unless the collapse of the property or a part thereof ensues;
or (ii) any Realized Loss suffered by the Trust Fund 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 required to be maintained in respect of such Mortgaged Property
under Section 3.06.
Special Hazard Loss Amount: As of any Distribution Date, an amount
equal to $4,987,507 minus the sum of (i) the aggregate amount of Special
Hazard Losses that would have been allocated to the Junior Certificates in
accordance with Section 4.03 in the absence of the Loss Allocation
Limitation and (ii) the Adjustment Amount (as defined below) as most
recently calculated. On each anniversary of the Cut-off Date, the
"Adjustment Amount" shall be equal to the amount, if any, by which the
amount calculated in accordance with the preceding sentence (without giving
effect to the deduction of the Adjustment Amount for such anniversary)
exceeds the lesser of (x) 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 and (B) twice the outstanding
principal balance of the Mortgage Loan which has the largest outstanding
principal balance on the Distribution Date immediately preceding such
anniversary, and (y) an amount calculated by the Company and approved by
each Rating Agency, which amount shall not be less than $500,000.
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 (x) 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 (y) the outstanding principal balance of all the
Mortgage Loans as of the immediately preceding Distribution Date.
Special Hazard Termination Date: The Distribution Date upon which the
Special Hazard Loss Amount has been reduced to zero or a negative number
(or the Cross-Over Date, if earlier).
Specified Component: None.
Startup Day: As defined in Section 2.05(b).
Strip Rate: With respect to the Class S Certificates and any
Distribution Date, a variable rate per annum equal to the excess of (x) the
weighted average (by Scheduled Principal Balance) carried to six decimal
places, rounded down, of the Net Mortgage Rates of the Outstanding
Non-Discount Mortgage Loans as of the Due Date in the preceding calendar
month (or the Cut-off Date, in the case of the first Distribution Date)
over (y) the Designated Rate; provided, however, that such calculation
shall not include any Mortgage Loan that was the subject of a Voluntary
Principal Prepayment in full received by the Company (or of which the
Company received notice, in the case of a Mortgage Loan serviced by a
Primary Servicer) on or after the first day but on or before the 15th day
of such preceding calendar month.
Subordinate Certificates: As to any date of determination, first, the
Class B5 Certificates until the Class Certificate Principal Balance thereof
has been reduced to zero; second, the Class B4 Certificates until the Class
Certificate Principal Balance thereof has been reduced to zero; third, the
Class B3 Certificates until the Class Certificate Principal Balance thereof
has been reduced to zero; fourth, the Class B2 Certificates until the Class
Certificate Principal Balance thereof has been reduced to zero; fifth, the
Class B1 Certificates until the Class Certificate Principal Balance thereof
has been reduced to zero; and sixth, the Class M Certificates until the
Class Certificate Principal Balance thereof has been reduced to zero.
Subordinate Certificate Writedown Amount: As to any Distribution Date,
first, any amount distributed to the Class PO Certificates on such
Distribution Date pursuant to Section 4.01(a)(iv) and second, after giving
effect to the application of clause first above, the amount by which (i)
the sum of the Class Certificate Principal Balances of all the Certificates
(after giving effect to the distribution of principal and the application
of Realized Losses in reduction of the Certificate Principal Balances of
the related Certificates on such Distribution Date) exceeds (ii) the Pool
Scheduled Principal Balance on the first day of the month of such
Distribution Date less any Deficient Valuations occurring on or prior to
the Bankruptcy Coverage Termination Date.
Substitution Amount: With respect to any Mortgage Loan substituted
pursuant to Section 2.03(b), the excess of (x) the Scheduled Principal
Balance of the Mortgage Loan that is substituted for, over (y) the
Scheduled Principal Balance of the related substitute Mortgage Loan, each
balance being determined as of the date of substitution.
Surety: Ambac Assurance Corporation, or its successors in interest.
Surety Bond: The Limited Purpose Surety Bond (Policy No. AB0039BE),
dated February 28, 1996, issued by the Surety for the benefit of certain
beneficiaries, including the Trustee for the benefit of the Holders of the
Certificates, but only to the extent that such Limited Purpose Surety Bond
covers any Pledged Asset Mortgage Loans.
TAC Balance: As to any Distribution Date and any Class of TAC
Certificates and any TAC Component, the balance designated as such for such
Distribution Date and such Class or Component as set forth in the Principal
Balance Schedules attached as Exhibit B hereto.
TAC Certificates: None.
TAC Component: None.
Trigger Event: Any one or more of the following: (i) if the Company is
not a wholly-owned direct or indirect subsidiary of General Electric
Company or if General Electric Capital Corporation shall not own (directly
or indirectly) at least two-thirds of the voting shares of the capital
stock of the Company, (ii) if the long-term senior unsecured rating of
General Electric Capital Corporation is downgraded or withdrawn by Fitch or
S&P below their two highest rating categories, (iii) if General Electric
Capital Corporation is no longer obligated pursuant to the terms of the
support agreement, dated as of October 1, 1990, between General Electric
Capital Corporation and the Company, to maintain the Company's net worth or
liquidity (as such terms are defined therein) at the levels specified
therein, or if such support agreement, including any amendment thereto, has
been breached, terminated or otherwise held to be unenforceable and (iv) if
such support agreement, including any amendment thereto, is amended or
modified.
Trust Fund: The corpus of the trust created by this Agreement
evidenced by the Certificates and consisting of:
(i) the Mortgage Loans;
(ii) all payments on or collections in respect of such Mortgage
Loans, except as otherwise described in the first paragraph of Section
2.01, including the proceeds from the liquidation of any Additional
Collateral for any Pledged Asset Mortgage Loan;
(iii) the obligation of the Company to deposit in the Certificate
Account the amounts required by Sections 3.02(d), 3.02(e) and 4.04(a),
and the obligation of the Trustee to deposit in the Certificate
Account any amount required pursuant to Section 4.04(b);
(iv) the obligation of the Company to purchase or replace any
Defective Mortgage Loan pursuant to Section 2.02 or 2.03;
(v) all property acquired by foreclosure or deed in lieu of
foreclosure with respect to any REO Mortgage Loan;
(vi) the proceeds of the Primary Insurance Policies, if any, and
the hazard insurance policies required by Section 3.06, in each case,
in respect of the Mortgage Loans, and the Company's interest in the
Surety Bond transferred to the Trustee pursuant to Section 2.01;
(vii) the Certificate Account established pursuant to Section
3.02(d);
(viii) the Eligible Account or Accounts, if any, established
pursuant to Section 3.02(e);
(ix) any collateral funds established to secure the obligations
of the Holder of the Class B4 and Class B5 Certificates, respectively,
under any agreements entered into between such holder and the Company
pursuant to Section 3.08(e) (which collateral funds will not
constitute a part of any REMIC established hereunder); and
(x) all rights of the Company as assignee under any security
agreements, pledge agreements or guarantees relating to the Additional
Collateral supporting any Pledged Asset Mortgage Loan (which rights
will not constitute a part of any REMIC established hereunder).
Trustee: The institution executing this Agreement as Trustee, or its
successor in interest, or if any successor trustee is appointed as herein
provided, then such successor trustee so appointed.
Unanticipated Recovery: As defined in Section 4.01(f) herein.
Uninsured Cause: Any cause of damage to property subject to a Mortgage
such that the complete restoration of the property is not fully
reimbursable by the hazard insurance policies required to be maintained
pursuant to Section 3.06.
Unpaid Class Interest Shortfall: As to any Distribution Date and any
Class of Certificates (other than any Class of Principal Only Certificates
and any Class consisting of Specified Components) or any Specified
Component (other than any Principal Only Component), the amount, if any, by
which the aggregate of the Class Interest Shortfalls for such Class or in
respect of such Specified Component for prior Distribution Dates is in
excess of the aggregate amounts distributed on prior Distribution Dates to
Holders of such Class of Certificates or in respect of such Specified
Component (or added to the Class Certificate Principal Balance of any Class
of Accrual Certificates, or to the Component Principal Balance of any
Accrual Component constituting a Specified Component) pursuant to Section
4.01(a)(ii), in the case of the Senior Certificates (other than any Class
of Principal Only Certificates) and any Specified Component thereof (other
than any Principal Only Component) and the Class S Certificates, Section
4.01(a)(vi), in the case of the Class M Certificates, Section 4.01(a)(ix),
in the case of the Class B1 Certificates, Section 4.01(a)(xii), in the case
of the Class B2 Certificates, Section 4.01(a)(xv), in the case of the Class
B3 Certificates, Section 4.01(a)(xviii), in the case of the Class B4
Certificates, and Section 4.01(a)(xxi), in the case of the Class B5
Certificates. As to any Class of Certificates consisting of Specified
Components and any Distribution Date, the sum of the Unpaid Class Interest
Shortfalls for the Specified Components thereof on such date.
Voluntary Principal Prepayment: With respect to any Distribution Date,
any prepayment of principal received from the related Mortgagor on a
Mortgage Loan.
Voting Rights: The portion of the voting rights of all the
Certificates that is allocated to any Certificate for purposes of the
voting provisions of Section 10.01. At all times during the term of this
Agreement, 99% of all Voting Rights shall be allocated to the Certificates
other than the Class S Certificates, and 1% of all Voting Rights shall be
allocated to the Class S Certificates. Voting Rights allocated to the Class
S Certificates shall be allocated among the Certificates of such Class in
proportion to their Notional Principal Balances. Voting Rights allocated to
the other Classes of Certificates shall be allocated among such Classes
(and among the Certificates within each such Class) in proportion to their
Class Certificate Principal Balances (or Certificate Principal Balances),
as the case may be.
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01. Conveyance of Mortgage Loans. (a) The Company, concurrently
with the execution and delivery of this Agreement, does hereby transfer, assign,
set-over and otherwise convey to the Trustee without recourse (except as
provided herein) all the right, title and interest of the Company in and to the
Mortgage Loans, including all interest and principal received by the Company on
or with respect to the Mortgage Loans (other than payments of principal and
interest due and payable on the Mortgage Loans on or before, and all Principal
Prepayments received on or before, the Cut-off Date). The Company acknowledges
it has sold all right, title and interest in and to the Mortgage Loans to the
Trustee to the extent provided above and that retention of record title of
Mortgages (subject to Section 2.01(d) of this Agreement) is for convenience only
and that the Company holds record title solely as custodian for the Trustee for
benefit of the Certificateholders. The Company agrees that it will take no
action inconsistent with ownership of the Mortgage Loans by the Trustee and will
not deliver any instrument of satisfaction or conveyance with respect to a
Mortgage or a Mortgage Loan, or convey or purport to convey any interest in a
Mortgage Loan, except in accordance with the terms and the intent of this
Agreement.
In addition, with respect to any Pledged Asset Mortgage Loan, the Company
does hereby transfer, assign, set-over and otherwise convey to the Trustee
without recourse (except as provided herein) (i) its rights as assignee under
any security agreements, pledge agreements or guarantees relating to the
Additional Collateral supporting any Pledged Asset Mortgage Loan, (ii) its
security interest in and to any Additional Collateral, (iii) its right to
receive payments in respect of any Pledged Asset Mortgage Loan pursuant to the
Pledged Asset Mortgage Servicing Agreement, and (iv) its rights as beneficiary
under the Surety Bond in respect of any Pledged Asset Mortgage Loan.
(b) In connection with such transfer and assignment, the Company does
hereby deliver to the Trustee the following documents or instruments with
respect to:
(1) Each Mortgage Loan (other than any Cooperative Loan or Designated
Loan) so transferred and assigned:
(i) The Mortgage Note, endorsed without recourse in blank by the
Company, including all intervening endorsements showing a complete
chain of endorsement from the originator to the Company; provided,
however, that if such Mortgage Note is a Confirmatory Mortgage Note,
such Confirmatory Mortgage Note may be payable directly to the Company
or may show a complete chain of endorsement from the named payee to
the Company;
(ii) Any assumption and modification agreement;
(iii) An assignment in recordable form (which may be included in
a blanket assignment or assignments) of the Mortgage to the Trustee;
and
(2) Each Cooperative Loan (other than a Designated Loan) so
transferred and assigned:
(i) The Mortgage Note, endorsed without recourse in blank by the
Company and showing an unbroken chain of endorsements from the
originator to the Company; provided, however, that if such Mortgage
Note is a Confirmatory Mortgage Note, such Confirmatory Mortgage Note
may be payable directly to the Company or may show a complete chain of
endorsement from the named payee to the Company;
(ii) A counterpart of the Proprietary Lease and the Assignment of
Proprietary Lease executed in blank or to the originator of the
Cooperative Loan;
(iii) The related Cooperative Stock Certificate, together with an
undated stock power (or other similar instrument) executed in blank;
(iv) A counterpart of the recognition agreement by the
Cooperative of the interests of the mortgagee with respect to the
related Cooperative Loan;
(v) The Security Agreement;
(vi) Copies of the original UCC-1 financing statement, and any
continuation statements, filed by the originator of such Cooperative
Loan as secured party, each with evidence of recording thereof,
evidencing the interest of the originator in the Cooperative Stock and
the Proprietary Lease;
(vii) If applicable, copies of the UCC-3 assignments of the
security interest described in clause (vi) above, sent to the
appropriate public office for filing, showing an unbroken chain of
title from the originator to the Company, evidencing the security
interest of the originator in the Cooperative Stock and the
Proprietary Lease;
(viii) An executed assignment (which may be a blanket assignment
for all Cooperative Loans) of the interest of the Company in the
Security Agreement, Assignment of Proprietary Lease and the
recognition agreement described in clause (iv) above, showing an
unbroken chain of title from the originator to the Trustee; and
(ix) A UCC-3 assignment from the Company to the Trustee of the
security interest described in clause (vi) above, in form suitable for
filing, otherwise complete except for filing information regarding the
original UCC-1 if unavailable (which may be included in a blanket
assignment to the Trustee).
In instances where a completed assignment of the Mortgage in recordable
form cannot be delivered by the Company to the Trustee in accordance with
Section 2.01(b)(1)(iii) prior to or concurrently with the execution and delivery
of this Agreement, due to a delay in connection with recording of the Mortgage,
the Company may, in lieu of delivering the completed assignment in recordable
form, deliver to the Trustee the assignment in such form, otherwise complete
except for recording information.
(3) With respect to each Designated Loan, the Company does hereby
deliver to the Trustee the Designated Loan Closing Documents.
(c) In connection with each Mortgage Loan transferred and assigned to the
Trustee, the Company shall deliver to the Trustee the following documents or
instruments as promptly as practicable, but in any event within 30 days, after
receipt by the Company of all such documents and instruments for all of the
outstanding Mortgage Loans:
(1) the Mortgage with evidence of recording indicated thereon (other
than with respect to a Cooperative Loan);
(2) a copy of the title insurance policy (other than with respect to a
Cooperative Loan);
(3) with respect to any Mortgage that has been assigned to the
Company, the related recorded intervening assignment or assignments of
Mortgage, showing a complete chain of assignment from the originator to the
Company (other than with respect to a Cooperative Loan); and
(4) with respect to any Cooperative Loan that has been assigned to the
Company, the related filed intervening UCC-3 financing statements (not
previously delivered pursuant to Section 2.01(b)(2)(vii)), showing a
complete chain of assignment from the named originator to the Company.
Pending such delivery, the Company shall retain in its files (a) copies of the
documents described in clauses (1) and (3) of the preceding sentence, without
evidence of recording thereon, and (b) title insurance binders with respect to
the Mortgage Loans (other than with respect to a Cooperative Loan). The Company
shall also retain in its files the Primary Insurance Policy evidencing any
primary mortgage insurance relating to the Mortgage Loans during the period when
the related insurance is in force. (The copies of the Mortgage, intervening
assignments of Mortgage, if any, title insurance binder and the Primary
Insurance Policy, if any, described in the two preceding sentences are
collectively referred to herein as the "Document File" with respect to each
Mortgage Loan.) The Company shall advise the Trustee in writing if such delivery
to the Trustee shall not have occurred on or before the first anniversary of the
Closing Date. The Company shall promptly furnish to the Trustee the documents
included in the Document Files (other than any such documents previously
delivered to the Trustee as originals or copies) either (a) upon the written
request of the Trustee or (b) when the Company or the Trustee obtains actual
notice or knowledge of a Trigger Event. The Trustee shall have no obligation to
request delivery of the Document Files unless a Responsible Officer of the
Trustee has actual notice or knowledge of the occurrence of a Trigger Event.
In the case of Mortgage Loans which have been prepaid in full after the
Cut-off Date and prior to the date of execution and delivery of this Agreement,
the Company, in lieu of delivering the above documents to the Trustee, herewith
delivers to the Trustee a certification of a Servicing Officer of the nature set
forth in Section 3.09.
(d) The Company shall not be required to record the assignments of the
Mortgages referred to in Section 2.01(b)(1)(iii) or file the UCC-3 assignments
referred to in Section 2.01(b)(2)(ix) to the Trustee unless the Company or the
Trustee obtains actual notice or knowledge of the occurrence of any Trigger
Event; provided, however, that such recording or filing shall not be required if
the Company delivers to the Trustee a letter from each Rating Agency to the
effect that the failure to take such action will not cause such Rating Agency to
reduce or withdraw its then current ratings of the Certificates. The party
obtaining actual notice or knowledge of any of such events shall give the other
party prompt written notice thereof. For purposes of the foregoing (as well as
for purposes of determining whether the Company shall be required to deliver the
Document Files to the Trustee following the occurrence of a Trigger Event), the
Company shall be deemed to have knowledge of any such downgrading referred to in
the definition of Trigger Event if, in the exercise of reasonable diligence, the
Company has or should have had knowledge thereof. As promptly as practicable
subsequent to the Company's delivery or receipt of such written notice, as the
case may be, the Company shall insert the recording or filing information in the
assignments of the Mortgages or UCC-3 assignments to the Trustee and shall cause
the same to be recorded or filed, at the Company's expense, in the appropriate
public office for real property records or UCC financing statements, except that
the Company need not cause to be so completed and recorded any assignment of
mortgage which relates to a Mortgage Loan secured by property in a jurisdiction
under the laws of which, on the basis of an Opinion of Counsel reasonably
satisfactory to the Trustee and satisfactory to each Rating Agency (as evidenced
in writing), recordation of such assignment is not necessary to protect the
Trustee against discharge of such Mortgage Loan by the Company or any valid
assertion that any Person other than the Trustee has title to or any rights in
such Mortgage Loan. In the event that the Company fails or refuses to record or
file the assignment of Mortgages or UCC-3 financing statement in the
circumstances provided above, the Trustee shall record or cause to be recorded
or filed such assignment or UCC-3 financing statement at the expense of the
Company. In connection with any such recording or filing, the Company shall
furnish such documents as may be reasonably necessary to accomplish such
recording or filing. Notwithstanding the foregoing, at any time the Company may
record or file, or cause to be recorded or filed, the assignments of Mortgages
or UCC-3 financing statement at the expense of the Company.
Section 2.02. Acceptance by Trustee. Subject to the examination hereinafter
provided, the Trustee acknowledges receipt of the Mortgage Notes, the
assignments of the Mortgages to the Trustee, the assumption and modification
agreements, if any, the documents specified in Section 2.01(b)(2) (subject to
any permitted delayed delivery of the documents described in Section
2.01(c)(4)), and the Designated Loan Closing Documents, if any, delivered
pursuant to Section 2.01, and declares that the Trustee holds and will hold such
documents and each other document delivered to it pursuant to Section 2.01 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 the
Certificateholders, to review each Mortgage File within 45 days after (i) the
execution and delivery of this Agreement, in the case of the Mortgage Notes, the
assignments of the Mortgages to the Trustee, the assumption and modification
agreements, if any, the documents specified in Section 2.01(b)(2) (subject to
any permitted delayed delivery of the documents described in Section
2.01(c)(4)), and the Designated Loan Closing Documents, if any, (ii) delivery to
the Trustee after the Closing Date of the Mortgage Notes and the assumption and
modification agreements, if any, with respect to each Designated Loan, and (iii)
delivery of the recorded Mortgages, title insurance policies, recorded
intervening assignments of Mortgage, if any, and filed intervening UCC-3
financing statements, if any, with respect to any Cooperative Loan to ascertain
that all required documents set forth in Section 2.01 have been executed,
received and recorded, if applicable, and that such documents relate to the
Mortgage Loans identified in Exhibit C hereto. In performing such examination,
the Trustee may conclusively assume the due execution and genuineness of any
such document and the genuineness of any signature thereon. It is understood
that the scope of the Trustee's examination of the Mortgage Files is limited
solely to confirming, after receipt of the documents listed in Section 2.01,
that such documents have been executed, received and recorded, if applicable,
and relate to the Mortgage Loans identified in Exhibit C to this Agreement. If
in the course of such review the Trustee finds (1) that any document required to
be delivered as aforesaid has not been delivered, or (2) any such document has
been mutilated, defaced or physically altered without the borrower's
authorization or approval, or (3) based upon its examination of such documents,
the information with respect to any Mortgage Loan set forth on Exhibit C is not
accurate, the Trustee shall promptly so notify the Company in writing, which
shall have a period of 60 days after receipt of such notice to correct or cure
any such defect. The Company hereby covenants and agrees that, if any such
material defect cannot be corrected or cured, the Company will on a Distribution
Date which is not later than the first Distribution Date which is more than ten
days after the end of such 60-day period repurchase the related Mortgage Loan
from the Trustee at the Purchase Price therefor or replace such Mortgage Loan
pursuant to Section 2.03(b); provided, however, that if the defect (or breach
pursuant to Section 2.03(a)) is one that, had it been discovered before the
Startup Day, would have prevented the Mortgage Loan from being a "qualified
mortgage" within the meaning of the REMIC Provisions, such defect or breach
shall be cured, or the related Mortgage Loan shall be repurchased or replaced,
on a Distribution Date which falls within 90 days of the date of discovery of
such defect or breach. The Purchase Price for the repurchased Mortgage Loan, or
any amount required in respect of a substitution pursuant to Section 2.03(b),
shall be deposited by the Company in the Certificate Account pursuant to Section
3.02(d) on the Business Day prior to the applicable Distribution Date and, upon
receipt by the Trustee of written notification of such deposit signed by a
Servicing Officer, the Trustee shall release or cause to be released to the
Company the related Mortgage File and shall execute and deliver or cause to be
executed and delivered such instruments of transfer or assignment, in each case
without recourse, as shall be necessary to vest in the Company any Mortgage Loan
released pursuant hereto. It is understood and agreed that the obligation of the
Company to repurchase or replace any Mortgage Loan as to which a material defect
in a constituent document exists shall constitute the sole remedy respecting
such defect available to Certificateholders or the Trustee on behalf of
Certificateholders.
Upon receipt by the Trustee of the Mortgage Note with respect to a
Designated Loan that is not defective in accordance with the fifth sentence of
the preceding paragraph, the related Lost Note Affidavit delivered pursuant to
Section 2.01 shall be void and the Trustee shall return it to the Company.
Section 2.03. Representations and Warranties of the Company; Mortgage Loan
Repurchase. (a) The Company hereby represents and warrants to the Trustee that:
(i) The information set forth in Exhibit C hereto was true and correct
in all material respects at the date or dates respecting which such
information is furnished;
(ii) As of the date of the initial issuance of the Certificates, other
than with respect to Cooperative Loans, each Mortgage is a valid and
enforceable first lien on the property securing the related Mortgage Note
subject only to (a) the lien of current real property taxes and
assessments, (b) covenants, conditions and restrictions, rights of way,
easements and other matters of public record as of the date of recording of
such Mortgage, such exceptions appearing of record being acceptable to
mortgage lending institutions generally in the area wherein the property
subject to the Mortgage is located or specifically reflected in the
appraisal obtained in connection with the origination of the related
Mortgage Loan obtained by the Company and (c) other matters to which like
properties are commonly subject which do not materially interfere with the
benefits of the security intended to be provided by such Mortgage;
(iii) Immediately prior to the transfer and assignment herein
contemplated, the Company had good title to, and was the sole owner of,
each Mortgage Loan and all action had been taken to obtain good record
title to each related Mortgage. Each Mortgage Loan has been transferred
free and clear of any liens, claims and encumbrances;
(iv) As of the date of the initial issuance of the Certificates, no
payment of principal of or interest on or in respect of any Mortgage Loan
is 30 or more days past due and none of the Mortgage Loans have been past
due 30 or more days more than once during the preceding 12 months;
(v) As of the date of the initial issuance of the Certificates, other
than with respect to Cooperative Loans, there is no mechanics' lien or
claim for work, labor or material affecting the premises subject to any
Mortgage which is or may be a lien prior to, or equal or coordinate with,
the lien of such Mortgage except those which are insured against by the
title insurance policy referred to in (x) below;
(vi) As of the date of the initial issuance of the Certificates, other
than with respect to Cooperative Loans, there is no delinquent tax or
assessment lien against the property subject to any Mortgage;
(vii) As of the date of the initial issuance of the Certificates,
there is no valid offset, defense or counterclaim to any Mortgage Note or
Mortgage, including the obligation of the Mortgagor to pay the unpaid
principal and interest on such Mortgage Note;
(viii) As of the date of the initial issuance of the Certificates, the
physical property subject to any Mortgage (or, in the case of a Cooperative
Loan, the related Cooperative Apartment) is free of material damage and is
in good repair;
(ix) Each Mortgage Loan at the time it was made complied in all
material respects with applicable state and federal laws, including,
without limitation, usury, equal credit opportunity and disclosure laws;
(x) Other than with respect to Cooperative Loans, a lender's title
insurance policy or binder, or other assurance of title insurance customary
in the relevant jurisdiction therefor was issued on the date of the
origination of each Mortgage Loan and each such policy or binder is valid
and remains in full force and effect;
(xi) Each Mortgage Loan (other than a Pledged Asset Mortgage Loan)
that had, as of the Cut-off Date, a Loan-to-Value Ratio of more than 80% is
covered by a Primary Insurance Policy so long as its then outstanding
principal amount exceeds 80% of the greater of (a) the Original Value and
(b) the then current value of the related Mortgaged Property as evidenced
by an appraisal thereof satisfactory to the Company, except to the extent
such coverage may otherwise be terminable under applicable law. Each
Primary Insurance Policy is issued by a private mortgage insurer acceptable
to FNMA or FHLMC;
(xii) Each Mortgage Note is payable on the first day of each month in
self-amortizing monthly installments of principal and interest, with
interest payable in arrears, over an original term of not more than thirty
years;
(xiii) Other than with respect to Cooperative Loans, the improvements
on the Mortgaged Properties are insured against loss under a hazard
insurance policy with extended coverage and conforming to the requirements
of Section 3.06 hereof. As of the date of initial issuance of the
Certificates, all such insurance policies are in full force and effect;
(xiv) As to each condominium securing a Mortgage Loan or the related
Mortgage Loan, (a) the related condominium is in a project that is on the
FNMA or FHLMC approved list, (b) the related condominium is in a project
that, upon submission of appropriate application, could be so approved by
either FNMA or FHLMC, (c) the related Mortgage Loan meets the requirements
for purchase by FNMA or FHLMC, (d) the related Mortgage Loan is of the type
that could be approved for purchase by FNMA or FHLMC but for the principal
balance of the related Mortgage Loan or the pre-sale requirements or (e)
the related Mortgage Loan has been approved by a nationally recognized
mortgage pool insurance company for coverage under a mortgage pool
insurance policy issued by such insurer;
(xv) Other than with respect to Cooperative Loans, no Mortgage Loan is
secured by a leasehold interest in the related Mortgaged Property and each
Mortgagor holds fee title to the related Mortgaged Property;
(xvi) The Mortgage Loans and the Mortgaged Properties, individually
and in the aggregate, conform in all material respects to the applicable
descriptions thereof contained in the Prospectus;
(xvii) All appraisals have been prepared substantially in accordance
with the description contained under the caption "The Trusts -- The
Mortgage Loans" in the Prospectus;
(xviii) No selection procedures, other than those necessary to comply
with the representations and warranties set forth herein or the description
of the Mortgage Loans made in any disclosure document delivered to
prospective investors in the Certificates, have been utilized in selecting
the Mortgage Loans from the Company's portfolio which would be adverse to
the interests of the Certificateholders;
(xix) Other than with respect to Cooperative Loans, to the best of the
Company's knowledge, at origination no improvement located on or being part
of a Mortgaged Property was in violation of any applicable zoning and
subdivision laws and ordinances;
(xx) None of the Mortgage Loans is a temporary construction loan. With
respect to any Mortgaged Property which constitutes new construction, the
related construction has been completed substantially in accordance with
the specifications therefor and any incomplete aspect of such construction
shall not be material or interfere with the habitability or legal occupancy
of the Mortgaged Property. Mortgage Loan amounts sufficient to effect any
such completion are in escrow for release upon or in connection with such
completion or a performance bond or completion bond is in place to provide
funds for this purpose and such completion shall be accomplished within 120
days after weather conditions permit the commencement thereof;
(xxi) As of the Closing Date, each Mortgage Loan is a "qualified
mortgage" as defined in Section 860G(a)(3) of the Code;
(xxii) As of the Closing Date, the Company possesses the Document File
with respect to each Mortgage Loan, and, other than with respect to
Cooperative Loans, the related Mortgages and intervening assignment or
assignments of Mortgages, if any, have been delivered to a title insurance
company for recording;
(xxiii) With respect to each Mortgage Loan identified in Exhibit C as
a Cooperative Loan:
(A) The Security Agreement creates a first lien in the stock
ownership and leasehold rights associated with the related Cooperative
Apartment;
(B) The lien created by the related Security Agreement is a
valid, enforceable and subsisting first priority security interest in
the related Cooperative Stock securing the related Mortgage Note,
subject only to (a) liens of the Cooperative for unpaid assessments
representing the Mortgagor's pro rata share of the Cooperative's
payments for its blanket mortgage, current and future real property
taxes, insurance premiums, maintenance fees and other assessments to
which like collateral is commonly subject and (b) other matters to
which like collateral is commonly subject which do not materially
interfere with the benefits of the security intended to be provided by
the Security Agreement. There are no liens against or security
interest in the Cooperative Stock relating to such Cooperative Loan
(except for unpaid maintenance, assessments and other amounts owed to
the related Cooperative which individually or in the aggregate do not
have a material adverse effect on such Cooperative Loan), which have
priority over the Trustee's security interest in such Cooperative
Stock;
(C) The Cooperative Stock that is pledged as security for the
Mortgage Loan is held by a person as a "tenant-stockholder" within the
meaning of section 216 of the Code, the related Cooperative that owns
title to the related cooperative apartment building is a "cooperative
housing corporation" within the meaning of section 216 of the Code,
and such Cooperative is in material compliance with applicable
federal, state and local laws which, if not complied with, could have
a material adverse effect on the Mortgaged Property; and
(D) There is no prohibition against pledging the Cooperative
Stock or assigning the Proprietary Lease; and
(xxiv) With respect to each Mortgage Loan identified on Exhibit C as
having been originated or acquired under the Company's Enhanced Streamlined
Refinance program, the value of the related Mortgaged Property, as of the
date of such origination or acquisition under the Company's Enhanced
Streamlined Refinance program, is no less than the value thereof
established at the time the mortgage loan that is the subject of the
refinancing was originated.
It is understood and agreed that the representations and warranties set
forth in this Section 2.03(a) shall survive delivery of the respective Mortgage
Files to the Trustee. Upon discovery by either the Company or the Trustee of a
breach of any of the foregoing representations and warranties which 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. Subject to the following sentence, within 60 days of its
discovery or its receipt of notice of breach, or, with the prior written consent
of a Responsible Officer of the Trustee, such longer period specified in such
consent, the Company shall cure such breach in all material respects or shall
repurchase such Mortgage Loan from the Trustee or replace such Mortgage Loan
pursuant to Section 2.03(b). Any such repurchase by the Company shall be
accomplished in the manner set forth in Section 2.02, subject to the proviso of
the third-to-last sentence thereof, and at the Purchase Price. It is understood
and agreed that the obligation of the Company to repurchase or replace any
Mortgage Loan as to which a breach 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 of the Company to
repurchase or replace any such Mortgage Loan shall not be assumed by any Person
which may succeed the Company as servicer hereunder, but shall continue as an
obligation of the Company. Notwithstanding the preceding sentence, if a breach
of the representation and warranty of the Company contained in Section
2.03(a)(ix) occurs as a result of a violation of the federal Truth in Lending
Act, 15 U.S.C. ss. 1601 et seq., as amended ("TILA") or any state truth-in
lending or similar statute, and the Trustee or the Trust Fund is named as a
defendant in a TILA suit or a suit under any such statutes in respect of such
violation and liability in respect thereof is imposed upon the Trustee or the
Trust Fund as assignees of the related Mortgage Loan pursuant to Section 1641 of
TILA, or any analogous provision of any such statute, the Company shall
indemnify the Trustee and the Trust Fund from, and hold them harmless against,
any and all losses, liabilities, damages, claims or expenses (including
reasonable attorneys' fees) to which the Trustee and the Trust Fund, or either
of them, become subject pursuant to TILA or any such statute, insofar as such
losses, damages, claims or expenses (including reasonable attorneys' fees)
result from such violation. The Company's obligations under the preceding
sentence shall not impair or derogate from the Company's obligations to the
Trustee under Section 8.05.
(b) If the Company is required to repurchase any Mortgage Loan pursuant to
Section 2.02 or 2.03(a), the Company may, at its option, within the applicable
time period specified in such respective Sections, remove such Defective
Mortgage Loan from the terms of this Agreement and substitute one or more other
mortgage loans for such Defective Mortgage Loan, in lieu of repurchasing such
Defective Mortgage Loan, provided that no such substitution shall occur more
than two years after the Closing Date. Any substitute Mortgage Loan shall (a)
have a Scheduled Principal Balance (together with that of any other Mortgage
Loan substituted for the same Defective Mortgage Loan) as of the first
Distribution Date following the month of substitution not in excess of the
Scheduled Principal Balance of the Defective Mortgage Loan as of such date (the
amount of any difference, plus one month's interest thereon at the respective
Net Mortgage Rate, to be deposited by the Company in the Certificate Account
pursuant to Section 2.02), (b) have a Mortgage Rate not less than, and not more
than one percentage point greater than, the Mortgage Rate of the Defective
Mortgage Loan, (c) have the same Net Mortgage Rate as the Defective Mortgage
Loan, (d) have a remaining term to stated maturity not later than, and not more
than one year less than, the remaining term to stated maturity of the Defective
Mortgage Loan, (e) be, in the reasonable determination of the Company, of the
same type, quality and character as the Defective Mortgage Loan as if the defect
or breach had not occurred, (f) have a ratio of its current principal amount to
its Original Value not greater than that of the removed Mortgage Loan and (g)
be, in the reasonable determination of the Company, in compliance with the
representations and warranties contained in Section 2.03(a), other than
subparagraph (xvi) thereof, as of the date of substitution.
The Company shall amend the Mortgage Loan Schedule to reflect the
withdrawal of any Defective Mortgage Loan and the substitution of a substitute
Mortgage Loan therefor. Upon such amendment the Company shall be deemed to have
made as to such substitute Mortgage Loan the representations and warranties set
forth in Section 2.03(a), other than subparagraph (xvi) thereof, as of the date
of such substitution, which shall be continuing as long as any Certificate shall
be outstanding or this Agreement has not been terminated, and the remedies for
breach of any such representation or warranty shall be as set forth in Section
2.03(a). Upon such amendment, the Trustee shall review the Mortgage File
delivered to it relating to the substitute Mortgage Loan, within the time and in
the manner and with the remedies specified in Section 2.02, except that for
purposes of this Section 2.03(b) (other than the two-year period specified in
the first sentence of the preceding paragraph of this Section 2.03(b)), such
time shall be measured from the date of the applicable substitution.
Section 2.04. Execution of Certificates. The Trustee has caused to be
executed, countersigned and delivered to or upon the order of the Company, in
exchange for the Mortgage Loans, the Certificates in authorized denominations
evidencing the entire ownership of the Trust Fund.
Section 2.05. Designations under the REMIC Provisions. (a) The Company
hereby designates the Classes of Certificates identified in Section 5.01(b),
other than the Residual Certificate, as "regular interests," and the Class R
Certificate as the single class of "residual interest," in the REMIC established
hereunder for purposes of the REMIC Provisions. The assets of the REMIC
established hereunder will consist of the assets and rights specified in clauses
(i) though (viii) of the definition of the term Trust Fund, any Rounding
Accounts, the Class A2 Interest Account and the Class A4 Interest Account.
(b) The Closing Date will be the "Startup Day" for the REMIC established
hereunder for purposes of the REMIC Provisions.
(c) The "tax matters person" with respect to the REMIC established
hereunder for purposes of the REMIC Provisions shall be (i) the Company, if the
Company is the owner of a Class R Certificate, or (ii) in any other case, the
beneficial owner of the Class R Certificate having the largest Percentage
Interest of such Class; provided, however, that such largest beneficial owner
and, to the extent relevant, each other holder of a Class R Certificate, by its
acceptance thereof irrevocably appoints the Company as its agent and
attorney-in-fact to act as "tax matters person" with respect to the REMIC
established hereunder for purposes of the REMIC Provisions.
(d) The "latest possible maturity date" of the regular interests in the
REMIC established hereunder is the Latest Possible Maturity Date for purposes of
section 860G(a)(1) of the Code.
(e) In the event that the Servicing Fee exceeds the amount reasonable for
such services (within the meaning of Treasury Regulation 1.860D-1(b)(1)(ii)),
the portion or portions of such fee that can be measured as a fixed number of
basis points on some or all of the Mortgage Loans and can be treated as one or
more stripped coupons within the meaning of Treasury Regulation
1.860D-1(b)(2)(iii) shall be treated as such stripped coupons and shall not be
treated as a REMIC asset.
ARTICLE III
ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Section 3.01. Company to Act as Servicer. (a) It is intended that the REMIC
established hereunder shall constitute, and the affairs of the REMIC shall be
conducted so as to qualify the Trust Fund (other than any collateral fund
established under the agreement referred to in Section 3.08(e)) as, a "real
estate mortgage investment conduit" as defined in and in accordance with the
REMIC Provisions. In furtherance of such intention, the Company covenants and
agrees that it shall act as agent (and the Company is hereby appointed to act as
agent) on behalf of the Trust Fund and the Holders of the Residual Certificates
and that in such capacity it shall:
(i) prepare and file, or cause to be prepared and filed, in a timely
manner, a U.S. Real Estate Mortgage Investment Conduit Income Tax Return
(Form 1066) and prepare and file or cause to be prepared and filed with the
Internal Revenue Service and applicable state or local tax authorities
income tax or information returns for each taxable year with respect to the
REMIC established hereunder, using the calendar year as the taxable year
and the accrual method of accounting, containing such information and at
the times and in the manner as may be required by the Code or state or
local tax laws, regulations, or rules, and shall furnish or cause to be
furnished to Certificateholders the schedules, statements or information at
such times and in such manner as may be required thereby;
(ii) within thirty days of the Closing Date, shall furnish or cause to
be furnished to the Internal Revenue Service, on Form 8811 or as otherwise
may be required by the Code, the name, title, address, and telephone number
of the person that the holders of the Certificates may contact for tax
information relating thereto (and the Company shall act as the
representative of the REMIC established hereunder for this purpose),
together with such additional information as may be required by such Form,
and shall update such information at the time or times and in the manner
required by the Code;
(iii) make or cause to be made an election, on behalf of the REMIC
established hereunder, to be treated as a REMIC, and make the appropriate
designations, if applicable, in accordance with Section 2.05 hereof on the
federal tax return of the Trust Fund for its first taxable year (and, if
necessary, under applicable state law);
(iv) prepare and forward, or cause to be prepared and forwarded, to
the Certificateholders and to the Internal Revenue Service and, if
necessary, state tax authorities, all information returns or reports, or
furnish or cause to be furnished by telephone, mail, publication or other
appropriate method such information, as and when required to be provided to
them in accordance with the REMIC Provisions, including without limitation,
the calculation of any original issue discount using the Prepayment
Assumption Multiple;
(v) provide information necessary for the computation of tax imposed
on the transfer of a Residual Certificate to a Disqualified Organization,
or an agent (including a broker, nominee or other middleman) of a
Disqualified Organization, or a pass-through entity in which a Disqualified
Organization is the record holder of an interest (the reasonable cost of
computing and furnishing such information may be charged to the Person
liable for such tax);
(vi) use its best reasonable efforts to conduct the affairs of the
REMIC established hereunder at all times that any Certificates are
outstanding so as to maintain the status thereof as a REMIC under the REMIC
Provisions;
(vii) not knowingly or intentionally take any action or omit to take
any action that would cause the termination of the REMIC status of the
REMIC or that would subject the Trust Fund to tax;
(viii) exercise reasonable care not to allow the creation of any
"interests" in the REMIC within the meaning of section 860D(a)(2) of the
Code other than the interests represented by the Classes of Certificates
identified in Section 5.01(b);
(ix) exercise reasonable care not to allow the occurrence of any
"prohibited transactions" within the meaning of section 860F of the Code,
unless the Company shall have provided an Opinion of Counsel to the Trustee
that such occurrence would not (a) result in a taxable gain, (b) otherwise
subject the Trust Fund to tax, or (c) cause the REMIC established hereunder
to fail to qualify as a REMIC;
(x) exercise reasonable care not to allow the Trust Fund to receive
income from the performance of services or from assets not permitted under
the REMIC Provisions to be held by a REMIC;
(xi) pay the amount of any federal or state tax, including prohibited
transaction taxes, taxes on certain contributions to the REMIC after the
Startup Day, and taxes on net income from foreclosure property, imposed on
the Trust Fund when and as the same shall be due and payable (but such
obligation shall not prevent the Company or any other appropriate Person
from contesting any such tax in appropriate proceedings and shall not
prevent the Company from withholding payment of such tax, if permitted by
law, pending the outcome of such proceedings);
(xii) ensure that federal, state or local income tax or information
returns shall be signed by the Trustee or such other person as may be
required to sign such returns by the Code or state or local laws,
regulations or rules; and
(xiii) maintain such records relating to the REMIC established
hereunder, including but not limited to the income, expenses, individual
Mortgage Loans (including Mortgaged Property), other assets and liabilities
thereof, and the fair market value and adjusted basis of the property of
each determined at such intervals as may be required by the Code, as may be
necessary to prepare the foregoing returns, schedules, statements or
information.
The Company shall be entitled to be reimbursed pursuant to Section 3.04 for
any federal income taxes paid by it pursuant to clause (xi) of the preceding
sentence, except to the extent that such taxes are imposed as a result of the
bad faith, misfeasance or negligence of the Company in the performance of its
obligations hereunder. With respect to any reimbursement of prohibited
transaction taxes, the Company shall inform the Trustee of the circumstances
under which such taxes were incurred.
(b) The Company shall service and administer the Mortgage Loans and shall
have full power and authority, acting alone or through one or more Primary
Servicers, to do any and all things in connection with such servicing and
administration which it may deem necessary or desirable. Without limiting the
generality of the foregoing, the Company shall continue, and is hereby
authorized and empowered by the Trustee, to execute and deliver, or file, as
appropriate, on behalf of itself, the Certificateholders and the Trustee or any
of them, any and all continuation statements, termination statements,
instruments of satisfaction or cancellation, or of partial or full release or
discharge and all other comparable instruments, with respect to the Mortgage
Loans and with respect to the properties subject to the Mortgages. Without
limitation of the foregoing, if the Company in its individual capacity agrees to
refinance any Mortgage Loan upon the request of the related Mortgagor, the
Company, as servicer hereunder, may execute an instrument of assignment in
customary form to the Company in its individual capacity. In connection with any
such refinancing, the Trustee shall, upon certification of a Servicing Officer
to the effect that an amount equal to the principal balance of the related
Mortgage Loan together with accrued and unpaid interest thereon at the
applicable Net Mortgage Rate to the date of such certification has been credited
to the Mortgage Loan Payment Record, release the related Mortgage File to the
Company whereupon the Company may cancel the related Mortgage Note. Upon request
by the Company after the execution and delivery of this Agreement, the Trustee
shall furnish the Company with any powers of attorney and other documents
necessary or appropriate to enable the Company to carry out its servicing and
administrative duties hereunder. Except as otherwise provided herein, the
Company shall maintain servicing standards substantially equivalent to those
required for approval by FNMA or FHLMC. The Company shall not agree to any
modification of the material terms of any Mortgage Loan except as provided in
the second sentence of Section 3.02(a) and in Section 3.07. The Company shall
not release any portion of any Mortgaged Property from the lien of the related
Mortgage unless the related Mortgage Loan would be a "qualified mortgage" within
the meaning of the REMIC Provisions following such release.
(c) [Intentionally Omitted.]
(d) The relationship of the Company (and of any successor to the Company as
servicer under this Agreement) 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.
(e) All costs incurred by the Company in effecting the timely payment of
taxes and assessments on the properties subject to the Mortgage Loans shall not,
for the purpose of calculating monthly distributions to Certificateholders, be
added to the amount owing under the related Mortgage Loans, notwithstanding that
the terms of such Mortgage Loans so permit, and such costs shall be recoverable
by the Company to the extent permitted by Section 3.04. The Company shall
collect such amounts from the Mortgagor and shall credit the Mortgage Loan
Payment Record accordingly.
(f) If the Company enters into a servicing agreement with any servicer (a
"Primary Servicer") pursuant to which such Primary Servicer shall directly
service certain Mortgage Loans and the Company shall perform master servicing
with respect thereto, the Company shall not be released from its obligations to
the Trustee and Certificateholders with respect to the servicing and
administration of the Mortgage Loans in accordance with the provisions of
Article III hereof and such obligations shall not be diminished by virtue of any
such servicing agreement or arrangement and the Company shall be obligated to
the same extent and under the same terms and conditions as if the Company alone
were servicing and administering the Mortgage Loans. Any amounts received by a
Primary Servicer in respect of a Mortgage Loan shall be deemed to have been
received by the Company whether or not actually received by it. Any servicing
agreement that may be entered into and any transactions or services relating to
the Mortgage Loans involving a Primary Servicer in its capacity as such shall be
deemed to be between the Company and the Primary Servicer alone, and the Trustee
and the Certificateholders shall have no claims, obligations, duties or
liabilities with respect thereto. Notwithstanding the foregoing, in the event
the Company has been removed as the servicer hereunder pursuant to Section 6.04
or Section 7.01, the Trustee or any successor servicer appointed pursuant to
Section 7.02 shall succeed to all of the Company's rights and interests (but not
to any obligations or liabilities of the Company arising prior to the date of
succession) under any servicing agreement with any Primary Servicer in respect
of the Mortgage Loans, subject to the limitation on the Trustee's
responsibilities under Section 7.02.
(g) In no event shall any collateral fund established under the agreement
referred to in Section 3.08(e) constitute an asset of any REMIC established
hereunder.
Section 3.02. Collection of Certain Mortgage Loan Payments; Mortgage Loan
Payment Record; Certificate Account. (a) The Company shall make reasonable
efforts to collect all payments called for under the terms and provisions of the
Mortgage Loans, and shall, to the extent such procedures shall be consistent
with this Agreement, follow such collection procedures as it follows with
respect to mortgage loans comparable to the Mortgage Loans in its servicing
portfolio. Consistent with the foregoing, the Company may in its discretion (i)
waive any late payment charge or any assumption fees or other fees which may be
collected in the ordinary course of servicing such Mortgage Loan and (ii) if a
default on the Mortgage Loan has occurred or is reasonably foreseeable, arrange
at any time prior to foreclosure with a Mortgagor a schedule for the payment of
due and unpaid principal and interest for a period extending not longer than two
years after the date that such schedule is arranged. Any arrangement of the sort
described in clause (ii) above shall not affect the amount or timing of the
Company's obligation to make Monthly Advances with respect to any Mortgage Loan
which Monthly Advances shall be made pursuant to the original amortization
schedule applicable to such Mortgage Loan.
(b) The Company shall establish and maintain a Mortgage Loan Payment Record
in which the following payments on and collections in respect of each Mortgage
Loan shall as promptly as practicable be credited by the Company for the account
of the Holders of the Certificates:
(i) All payments on account of principal, including Principal
Prepayments (other than (A) payments of principal due and payable on the
Mortgage Loans on or before, and all Principal Prepayments received before,
the Cut-off Date, (B) in the case of a substitute Mortgage Loan, payments
of principal due and payable on such Mortgage Loan on or before the
Determination Date in the month of substitution, and all Principal
Prepayments received before the first day of the month of substitution, and
(C) in the case of a replaced Mortgage Loan, payments of principal due and
payable on such Mortgage Loan after the Determination Date in the month of
substitution, and all Principal Prepayments received in the month of
substitution);
(ii) All payments (other than (A) those due and payable on or before
the Cut-off Date, (B) in the case of a substitute Mortgage Loan, those due
and payable on such Mortgage Loan on or before the Determination Date in
the month of substitution, and (C) in the case of a replaced Mortgage Loan,
those due and payable on such Mortgage Loan after the Determination Date in
the month of substitution) on account of interest at the applicable Net
Mortgage Rate on the Mortgage Loan received from the related Mortgagor,
including any Buydown Funds applied with respect to interest at the
applicable Net Mortgage Rate on any Buydown Mortgage Loan;
(iii) All Liquidation Proceeds received by the Company with respect to
such Mortgage Loan and the Purchase Price for any Mortgage Loan purchased
by the Company pursuant to Sections 2.02, 2.03 and 3.16 (including any
amounts received in respect of a substitution of a Mortgage Loan);
(iv) All Insurance Proceeds (including, for this purpose, any amounts
required to be credited by the Company pursuant to the last sentence of
Section 3.06) received by the Company for the benefit of the Trust Fund,
other than proceeds to be applied to the restoration or repair of the
property subject to the related Mortgage or released, or to be released, to
the related Mortgagor in accordance with the normal servicing procedures of
the Company;
(v) All REO Proceeds;
(vi) All Unanticipated Recoveries; and
(vii) All amounts received by the Company with respect to any Pledged
Asset Mortgage Loan pursuant to the liquidation of any Additional
Collateral or pursuant to any recovery under the Surety Bond in accordance
with Section 4.09.
The foregoing requirements respecting credits to the Mortgage Loan Payment
Record are exclusive, it being understood that, without limiting the generality
of the foregoing, the Company need not enter in the Mortgage Loan Payment Record
collections, Liquidation Proceeds or Insurance Proceeds in respect of Mortgage
Loans which have been previously released from the terms of this Agreement,
amounts representing fees or late charge penalties payable by Mortgagors, or
amounts received by the Company for the account of Mortgagors for application
towards the payment of taxes, insurance premiums, assessments and similar items.
(c) Subject to subsection (e) below, until the Business Day prior to each
Distribution Date on which amounts are required to be transferred to the
Certificate Account pursuant to subsection (d) of this Section 3.02, the Company
may retain and commingle such amounts with its own funds and shall be entitled
to retain for its own account any gain or investment income thereon, and any
such investment income shall not be subject to any claim of the Trustee or
Certificateholders. To the extent that the Company realizes any net loss on any
such investments, the Company shall deposit in the Certificate Account an amount
equal to such net loss at the time the Company is required to deposit amounts in
the Certificate Account pursuant to subsection (d) of this section 3.02. Any
such deposit shall not increase the Company's obligation under said subsection
(d).
(d) The Trustee shall establish and maintain with the Trustee in its
corporate trust department a single separate trust account designated in the
name of the Trustee for the benefit of the Holders of the Certificates issued
hereunder (the "Certificate Account") into which the Company shall transfer, not
later than 11:00 a.m. New York time on the Business Day prior to each
Distribution Date, an amount in next day funds equal to the sum of Available
Funds for such Distribution Date and any Unanticipated Recoveries received in
the calendar month preceding the month of such Distribution Date. If the Trustee
does not receive such transfer by 2:00 p.m. on such Business Day, it shall give
the Company written notice thereof.
(e) If the Company or a Responsible Officer of the Trustee obtains actual
notice of or knowledge of the occurrence of either (x) any Trigger Event or (y)
the downgrade by S&P of General Electric Capital Corporation's short-term senior
unsecured debt rating below A-1+ then, notwithstanding subsection (c) above, the
Company shall promptly establish, and thereafter maintain, one or more Eligible
Accounts in the name of the Trustee and bearing a designation indicating that
amounts therein are held for the benefit of the Trustee and the
Certificateholders, into which the Company and any Primary Servicer shall
deposit within two Business Days after receipt, all amounts otherwise required
to be credited to the Mortgage Loan Payment Record pursuant to Section 3.02(b);
provided, however, that such action shall not be required if the Company
delivers to the Trustee a letter from each Rating Agency to the effect that the
failure to take such action will not cause such Rating Agency to withdraw or
reduce its then current ratings of the Certificates. All amounts so deposited
shall be held in trust for the benefit of Certificateholders. Amounts so
deposited may be invested at the written instruction of the Company in Permitted
Investments in the name of the Trustee maturing no later than the Business Day
preceding the Distribution Date following the date of such investment; provided,
however, that any such Permitted Investment which is an obligation of State
Street Bank and Trust Company, in its individual capacity and not in its
capacity as Trustee, may mature on such Distribution Date; and, provided
further, that no such Permitted Investment shall be sold before the maturity
thereof if the sale thereof would result in the realization of gain prior to
maturity unless the Company has obtained an Opinion of Counsel that such sale or
disposition will not cause the Trust Fund to be subject to the tax on prohibited
transactions under section 860F of the Code, or otherwise subject the Trust Fund
to tax or cause the REMIC established hereunder to fail to qualify as a REMIC.
The Trustee shall maintain physical possession of all Permitted Investments,
other than Permitted Investments maintained in book-entry form. The Company, as
servicer, shall be entitled to retain for its own account any gain or other
income from Permitted Investments, and neither the Trustee nor
Certificateholders shall have any right or claim with respect to such income.
The Company shall deposit an amount equal to any loss realized on any Permitted
Investment as soon as any such loss is realized. If the provisions in this
subsection (e) become operable, references in this Agreement to the Mortgage
Loan Payment Record and credits and debits to such Record shall be deemed to
refer to Eligible Accounts and transfers to and withdrawals from such Eligible
Accounts. Any action which may be necessary to establish the terms of an account
pursuant to this Section 3.02(e) may be taken by an amendment or supplement to
this Agreement or pursuant to a written order of the Company, which amendment,
supplement or order shall not require the consent of Certificateholders,
provided that the Company has delivered to the Trustee a letter from each Rating
Agency to the effect that such amendment, supplement or order will not cause
such Rating Agency to withdraw or reduce its then current ratings of the
Certificates.
Section 3.03. Collection of Taxes, Assessments and Other Items. Other than
with respect to any Cooperative Loan, the Company shall establish and maintain
with one or more depository institutions one or more accounts into which it
shall deposit all collections of taxes, assessments, private mortgage or hazard
insurance premiums or comparable items for the account of the Mortgagors. As
servicer, the Company shall effect the timely payment of all such items for the
account of Mortgagors. Withdrawals from such account or accounts may be made
only to effect payment of taxes, assessments, private mortgage or standard
hazard insurance premiums or comparable items, to reimburse the Company out of
related collections for any payments made regarding taxes and assessments or for
any payments made pursuant to Section 3.05 regarding premiums on Primary
Insurance Policies and Section 3.06 regarding premiums on standard hazard
insurance policies, to refund to any Mortgagors any sums determined to be
overages, or to pay interest owed to Mortgagors to the extent required by law.
Section 3.04. Permitted Debits to the Mortgage Loan Payment Record. The
Company (or any successor servicer pursuant to Section 7.02) may, from time to
time, make debits to the Mortgage Loan Payment Record for the following
purposes:
(i) To reimburse the Company or the applicable Primary Servicer for
Liquidation Expenses theretofore incurred in respect of any Mortgage Loan
in an amount not to exceed the amount of the related Liquidation Proceeds
credited to the Mortgage Loan Payment Record pursuant to Section
3.02(b)(iii); provided that the Company or the applicable Primary Servicer
shall not be entitled to reimbursement for Liquidation Expenses incurred
after the initiation of foreclosure proceedings in respect of any Defaulted
Mortgage Loan that is repurchased pursuant to Section 3.16;
(ii) To reimburse the Company or the applicable Primary Servicer for
Insured Expenses and amounts expended by it pursuant to Section 3.08 in
good faith in connection with the restoration of property damaged by an
Uninsured Cause, in an amount not to exceed the amount of the related
Insurance Proceeds and Liquidation Proceeds (net of any debits pursuant to
clause (i) above) and amounts representing proceeds of other insurance
policies covering the property subject to the related Mortgage credited to
the Mortgage Loan Payment Record pursuant to Section 3.02(b) (iii) and
(iv);
(iii) To reimburse the Company to the extent permitted by Sections
3.01(a) and 6.04;
(iv) To pay to the Company amounts received in respect of any
Defective Mortgage Loan or Defaulted Mortgage Loan purchased by the Company
to the extent that the distribution of any such amounts on the Distribution
Date upon which the proceeds of such purchase are distributed would make
the total amount distributed in respect of any such Mortgage Loan on such
Distribution Date greater than the Purchase Price therefor, net of any
unreimbursed Monthly Advances made by the Company;
(v) To reimburse the Company (or the Trustee, as applicable) for
Monthly Advances theretofore made in respect of any Mortgage Loan to the
extent of late payments, REO Proceeds, Insurance Proceeds and Liquidation
Proceeds in respect of such Mortgage Loan;
(vi) To reimburse the Company from any Mortgagor payment of interest
or other recovery with respect to a particular Mortgage Loan, to the extent
not previously retained by the Company, for unpaid Servicing Fees with
respect to such Mortgage Loan, subject to Section 3.08(d);
(vii) To reimburse the Company (or the Trustee, as applicable) for any
Nonrecoverable Advance (which right of reimbursement of the Trustee
pursuant to this clause shall be prior to such right of the Company);
(viii) To make transfers of funds to the Certificate Account pursuant
to Section 3.02(d);
(ix) To pay to the Company amounts received in respect of any Mortgage
Loan purchased by the Company pursuant to Section 9.01 to the extent that
the distribution of any such amounts on the final Distribution Date upon
which the proceeds of such purchase are distributed would make the total
amount distributed in respect of any such Mortgage Loan on such
Distribution Date greater than the purchase price therefor specified in
clause (x) of the first sentence of Section 9.01; and
(x) To deduct any amount credited to the Mortgage Loan Payment Record
in error.
The Company shall keep and maintain separate accounting records, on a
Mortgage Loan by Mortgage Loan basis, for the purpose of accounting for debits
to the Mortgage Loan Payment Record pursuant to clauses (i), (ii), (iv), (v) and
(vi) of this Section 3.04; provided, however, that it is understood and agreed
that the records of such accounting need not be retained by the Company for a
period longer than the five most recent fiscal years.
Section 3.05. Maintenance of the Primary Insurance Policies. (a) The
Company shall not take any action which would result in non-coverage under any
applicable Primary Insurance Policy of any loss which, but for the actions of
the Company, would have been covered thereunder. To the extent coverage is
available, the Company shall keep or cause to be kept in full force and effect
each such Primary Insurance Policy until the principal balance of the related
Mortgage Note is 80% or less of the greater of (i) the related Original Value
and (ii) the then current value of the property underlying the related Mortgage
Note as evidenced by an appraisal thereof satisfactory to the Company; provided
that no such Primary Insurance Policy need be kept in effect if doing so would
violate applicable law. The Company shall not cancel or refuse to renew any such
Primary Insurance Policy applicable to a Mortgage Loan that is in effect at the
Closing Date and is required to be kept in force hereunder unless the
replacement Primary Insurance Policy for such canceled or non-renewed policy is
maintained with an insurer whose claims-paying ability is acceptable to each
Rating Agency for mortgage pass-through certificates having ratings equal to or
better than the ratings then assigned to the Certificates by such Rating Agency.
The Company agrees to effect the timely payment of the premium on each Primary
Insurance Policy, and such costs not otherwise recoverable shall be recoverable
by the Company from related Insurance Proceeds and Liquidation Proceeds pursuant
to Section 3.04.
(b) In connection with its activities as administrator and servicer of the
Mortgage Loans, the Company agrees to present, on behalf of itself, the Trustee
and the Certificateholders, claims to the insurer under each Primary Insurance
Policy and, in this regard, to take such reasonable action as shall be necessary
to permit recovery under any Primary Insurance Policy respecting a related
defaulted Mortgage Loan. To the extent provided in Section 3.02(b), any amounts
collected by the Company under any Primary Insurance Policy in respect of the
Mortgage Loans (including, without limitation, a Mortgage Loan purchased by a
related insurer) shall be credited to the Mortgage Loan Payment Record.
Section 3.06. Maintenance of Hazard Insurance. The Company shall cause to
be maintained for each Mortgage Loan, other than a Cooperative Loan, hazard
insurance with a standard mortgagee clause and with extended coverage in an
amount which is at least equal to the maximum insurable value of the
improvements securing such Mortgage Loan from time to time or the principal
balance owing on such Mortgage Loan from time to time, whichever is less. The
Company shall also maintain on property (other than Cooperative Apartments)
acquired upon foreclosure, or by deed in lieu of foreclosure, hazard insurance
with extended coverage in an amount which is at least equal to the lesser of (i)
the maximum insurable value from time to time of the improvements which are a
part of such property or (ii) the unpaid principal balance of such Mortgage Loan
at the time of such foreclosure or deed in lieu of foreclosure plus accrued
interest and the good-faith estimate of the Company of related Liquidation
Expenses to be incurred in connection therewith. To the extent provided in
Section 3.02(b)(iv), amounts collected by the Company under any such policies in
respect of the Mortgage Loans shall be credited to the Mortgage Loan Payment
Record. Such costs shall be recoverable by the Company pursuant to Sections 3.03
and 3.04. In cases in which property securing any Mortgage Loan other than a
Cooperative Loan is located in a federally designated flood area, the hazard
insurance to be maintained for such Mortgage Loan shall include flood insurance.
All such flood insurance shall be in such amounts as are required under
applicable guidelines of FNMA. The Company shall be under no obligation to
require that any Mortgagor maintain earthquake or other additional insurance and
shall be under no obligation itself to maintain any such additional insurance on
property acquired in respect of a Mortgage Loan, other than pursuant to such
applicable laws and regulations as shall at any time be in force and as shall
require such additional insurance. If the Company shall obtain and maintain a
blanket policy insuring against hazard losses on all of the Mortgage Loans
(whether or not including Cooperative Loans), it shall conclusively be deemed to
have satisfied its obligations as set forth in the first sentence of this
Section 3.06, it being understood and agreed that such policy may contain a
deductible clause, in which case the Company shall, in the event that there
shall not have been maintained on the related Mortgaged Property a policy
complying with the first sentence of this Section 3.06, and there shall have
been a loss which would have been covered by such policy, credit to the Mortgage
Loan Payment Record the amount not otherwise payable under the blanket policy
because of such deductible clause.
Section 3.07. Assumption and Modification Agreements. (a) In any case in
which property subject to a Mortgage has been or is about to be conveyed by the
Mortgagor, the Company shall exercise its right to accelerate the maturity of
such Mortgage Loan under any "due-on-sale" clause applicable thereto, unless in
the reasonable discretion of the Company, such exercise would adversely affect
or jeopardize coverage under the related Primary Insurance Policy, if any;
provided, however, that if the Company is prevented, as provided in Section
3.07(b), from enforcing any such clause, the Company is authorized to make or
enter into an assumption and modification agreement from or with the Person to
whom such property has been or is about to be conveyed, pursuant to which such
Person becomes liable under the Mortgage Note and the Mortgagor remains liable
thereon. In connection with any such assumption and modification agreement, the
Company shall apply its then current underwriting standards to such Person. The
Company shall not make or enter into any such assumption and modification
agreement, however, unless (to the extent practicable in the circumstances) it
shall have received confirmation of the continued effectiveness of any
applicable Primary Insurance Policy and hazard insurance policy. The Company
shall notify the Trustee that any assumption and modification agreement has been
completed by forwarding to the Trustee the original copy thereof, which copy
shall be added by the Trustee to the related Mortgage File and shall, for all
purposes, be considered a part of such Mortgage File to the same extent as all
other documents and instruments constituting a part thereof. In connection with
any such agreement, the Mortgage Rate, mortgage term and any other material term
of such Mortgage Loan shall not be changed. Any fee collected by the Company for
entering into any such agreement will be retained by the Company as additional
servicing compensation.
(b) Notwithstanding Section 3.07(a) or any other provision of this
Agreement, the Company shall not be deemed to be in default, breach or any other
violation of its obligations hereunder by reason of any assumption of a Mortgage
Loan, or transfer of the property subject to a Mortgage without the assumption
thereof, by operation of law or any assumption or transfer which the Company
reasonably believes it may be restricted by law from preventing, for any reason
whatsoever.
Section 3.08. Realization Upon Defaulted Mortgage Loans. (a) The Company
shall foreclose upon or otherwise comparably convert the ownership of properties
securing such of the Mortgage Loans as come into and continue in default and as
to which no satisfactory arrangements can be made for collection of delinquent
payments pursuant to Section 3.02. In connection with such foreclosure or other
conversion the Company shall, consistent with Section 3.05, follow such
practices and procedures as it shall deem necessary or advisable and as shall be
normal and usual in its general mortgage servicing activities. The foregoing is
subject to the proviso that the Company shall not be required to expend its own
funds in connection with any foreclosure or towards the restoration of any
property unless it shall determine (i) that such restoration or foreclosure will
increase the proceeds of liquidation of the Mortgage Loan to Certificateholders
after reimbursement to itself for such expenses and (ii) that such expenses will
be recoverable to it either through Liquidation Proceeds or Insurance Proceeds.
Notwithstanding the foregoing, the Company shall not be entitled to recover
legal expenses incurred in connection with foreclosure proceedings where the
Mortgage Loan is reinstated and such foreclosure proceedings are terminated
prior to completion, other than sums received from the Mortgagor for such
expenses.
Notwithstanding anything to the contrary contained herein, the Company
shall be under no obligation to foreclose upon or otherwise convert the
ownership of any Mortgaged Property which it believes may be contaminated with
or affected by hazardous or toxic wastes, materials or substances. The Company
may, but shall not be obligated to, make such determination on the basis of a
Phase I environmental assessment with respect to the related Mortgaged Property.
Neither the Trustee nor the Company shall be liable to the Trust Fund or the
Certificateholders if, based on the Company's belief that such contamination or
effect exists, the Company does not foreclose upon or otherwise convert the
ownership of a Mortgaged Property. In addition, neither the Trustee nor the
Company shall be liable to the Trust Fund or the Certificateholders if, based on
the Company's belief that no such contamination or effect exists, the Company
forecloses upon a Mortgaged Property and the Trustee or its nominee on behalf of
the Trust Fund takes title to such Mortgaged Property, and thereafter such
Mortgaged Property is determined to be so contaminated or affected.
(b) In the event that title to any Mortgaged Property is acquired in
foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale
shall be issued to the Trustee, or to its nominee on behalf of the Trust Fund.
Notwithstanding any such acquisition of title and cancellation of the related
Mortgage Loan, such Mortgage Loan shall (except for purposes of Section 9.01) be
considered to be an Outstanding Mortgage Loan until such time as the Mortgaged
Property shall be sold and such Mortgage Loan becomes a Liquidated Mortgage
Loan. Consistent with the foregoing, for purposes of all calculations hereunder
so long as such Mortgage Loan shall be considered to be an Outstanding Mortgage
Loan, it shall be assumed that the related Mortgage Note and its amortization
schedule in effect on and after such acquisition of title (after giving effect
to any previous Principal Prepayments and Deficient Valuations incurred
subsequent to the related Bankruptcy Coverage Termination Date and before any
adjustment thereto by reason of any bankruptcy (other than as aforesaid) or any
similar proceeding or any moratorium or similar waiver or grace period) remain
in effect (notwithstanding that the indebtedness evidenced by such Mortgage Note
shall have been discharged), subject to adjustment to reflect the application of
REO Proceeds received in any month. REO Proceeds received in any month shall be
applied to the payment of the installments of principal due and interest accrued
on the related REO Mortgage Loan in accordance with the terms of such Mortgage
Note. REO Proceeds received in any month in excess of the Amortization Payment
for such month due on an REO Mortgage Loan shall be treated as a Principal
Prepayment received in respect of such Mortgage Loan.
(c) In the event that the Trust Fund acquires any Mortgaged Property as
aforesaid or otherwise in connection with a default or imminent default on a
Mortgage Loan, the Company shall dispose of such Mortgaged Property prior to the
close of the third calendar year after the year of its acquisition by the Trust
Fund unless (a) the Trustee shall have been supplied with an Opinion of Counsel
to the effect that the holding by the Trust Fund of such Mortgaged Property
subsequent to such period (and specifying the period beyond such period for
which the Mortgaged Property may be held) will not result in the imposition of
taxes on "prohibited transactions" of the Trust Fund as defined in section 860F
of the Code, or cause the REMIC established hereunder to fail to qualify as a
REMIC at any time that any Certificates are outstanding, in which case the Trust
Fund may continue to hold such Mortgaged Property (subject to any conditions
contained in such Opinion of Counsel), or (b) the Trustee (at the Company's
expense) or the Company shall have applied for, not later than 61 days prior to
the expiration of such period, an extension of such period in the manner
contemplated by section 856(e)(3) of the Code, in which case such period shall
be extended by the time period permitted by section 856(e)(3) of the Code.
Notwithstanding any other provision of this Agreement, no Mortgaged Property
acquired by the Trust Fund shall be rented (or allowed to continue to be rented)
or otherwise used for the production of income by or on behalf of the Trust Fund
or sold in such a manner or pursuant to any terms that would (i) cause such
Mortgaged Property to fail to qualify at any time as "foreclosure property"
within the meaning of section 860G(a)(8) of the Code, (ii) subject the Trust
Fund to the imposition of any federal or state income taxes on "net income from
foreclosure property" with respect to such Mortgaged Property within the meaning
of section 860G(c) of the Code, or (iii) cause the sale of such Mortgaged
Property to result in the receipt by the Trust Fund of any income from
non-permitted assets as described in section 860F(a)(2)(B) of the Code, unless
the Company has agreed to indemnify and hold harmless the Trust Fund with
respect to the imposition of any such taxes.
(d) Any collection of Insurance Proceeds or Liquidation Proceeds will be
applied in the following order of priority: first, to reimburse the Company for
any related unreimbursed Liquidation Expenses and to reimburse the Company or
the Trustee, as applicable, for any related unreimbursed Monthly Advances;
second, to accrued and unpaid interest on the Mortgage Loan at the Mortgage Rate
from the date to which interest was last paid or advanced to the Due Date prior
to the Distribution Date on which such amounts are to be distributed; and third,
as a recovery of principal of the Mortgage Loan. If the amount so allocated to
interest is less than the full amount of accrued and unpaid interest due on such
Mortgage Loan, the amount of such recovery will be allocated between the
Servicing Fee and interest at the Net Mortgage Rate in proportion to the amount
of such accrued interest which would have been allocated to each such category
in the absence of any shortfall.
(e) Notwithstanding anything to the contrary contained herein, the Company
shall have the right to enter into an agreement substantially in the form of
Exhibit K hereto with any Person that is the Holder of 100% of the Class B5
Certificates (provided that such form may be revised to delete the option on the
part of such Person to purchase a defaulted Mortgage Loan as set forth in
Section 2.02(f) thereof). Prior to entering into any such agreement with any
Person, the Company shall obtain a certification from such Person to the effect
that (i) such Person is not an "affiliate" (within the meaning of the Prohibited
Transaction Exemption) of the Trustee and (ii) such Person will not purchase any
Certificates if such purchase would cause such Person to hold more than a ten
percent interest in the Mortgage Pool. It is understood that the right of the
Company to be reimbursed for Monthly Advances and Nonrecoverable Advances under
this Agreement shall not be affected in any way by the provisions of any such
agreement. The Trustee hereby agrees to perform such obligations as may be
expressly required of it pursuant to the provisions of such agreement and to
promptly notify each party to such agreement if a Responsible Officer of the
Trustee (with direct responsibility for administration of this Agreement)
becomes aware of any discussions, plans or events that might lead to the
Trustee's becoming an "affiliate" (within the meaning of the Prohibited
Transaction Exemption) of any Person with which the Company has entered into
such agreement, provided that the contents of any such notification shall be
kept confidential by the parties to such agreement. The Company agrees to
promptly notify the Trustee upon entering into any such agreement. In addition,
the Company shall provide the Trustee with such information as may be necessary
for the Trustee to perform its obligations thereunder, including written
instructions, clearly identifying the source, amount and application of funds to
be deposited or withdrawn from the Collateral Fund (as defined in such
agreement). The Trustee shall provide the Company with such information
concerning credits and debits to the Collateral Fund on account of income, gains
and losses realized from Collateral Fund Permitted Investments (as defined in
such agreement), and costs associated with the purchase and sale thereof, as the
Company may request in order to prepare the instructions described in the
preceding sentence.
In addition, subject to the provisions of the preceding paragraph, the
Company shall have the right to enter into an agreement substantially in the
form of Exhibit K hereto with the Person that is the Holder of 100% of the Class
B4 Certificates, provided that (i) such Person is also the Holder of 100% of the
Class B5 Certificates, (ii) such Person shall have no rights under such
agreement until the date on which the Class Certificate Principal Balance of the
Class B5 Certificates has been reduced to zero, and (iii) any rights of such
Person under such agreement shall terminate in the event that such Person
transfers, directly or indirectly, the Class B4 Certificates to any other
Person.
Section 3.09. Trustee to Cooperate; Release of Mortgage Files. Upon the
payment in full of any Mortgage Loan, the Company will immediately notify the
Trustee by a certification (which certification shall include a statement to the
effect that all amounts received in connection with such payment which are
required to be credited to the Mortgage Loan Payment Record pursuant to Section
3.02 have been so credited) of a Servicing Officer and shall request delivery to
it of the Mortgage File. If a Buydown Mortgage Loan is the subject of a
Principal Prepayment in full during the related Buydown Period, the related
Buydown Funds will be applied or returned to the Person entitled thereto in
accordance with the terms of such Buydown Mortgage Loan. Upon receipt of such
certification and request in form satisfactory to the Trustee, the Trustee shall
promptly, but in any event within five Business Days, release the related
Mortgage File to the Company; provided, that the Trustee shall not be
responsible for any delay in the release of a Mortgage File resulting from acts
beyond its control, including without limitation, acts of God, strikes,
lockouts, riots, acts of war or terrorism, epidemics, nationalization,
governmental regulations imposed after the fact, fire, communication line
failures, computer viruses, power failures, earthquakes or other disasters. Upon
any such payment in full, the Company is authorized to execute, pursuant to the
authorization contained in Section 3.01, an instrument of satisfaction regarding
such Mortgage, which instrument of satisfaction shall be recorded by the Company
if required by applicable law and be delivered to the Person entitled thereto,
it being understood and agreed that no expenses incurred in connection with such
instrument of satisfaction shall be reimbursed from amounts at the time credited
to the Mortgage Loan Payment Record. From time to time and as appropriate for
the servicing or foreclosure of any Mortgage Loan (including, without
limitation, collection under any Primary Insurance Policy), the Trustee shall,
upon request of the Company and delivery to the Trustee of a receipt signed by a
Servicing Officer, release the related Mortgage File to the Company and shall
execute such documents as shall be necessary to the prosecution of any such
proceedings. Such receipt shall obligate the Company to return the Mortgage File
to the Trustee when the need therefor by the Company no longer exists unless the
Mortgage Loan shall be liquidated, in which case, upon receipt of a certificate
of a Servicing Officer similar to that hereinabove specified, the receipt shall
be released by the Trustee to the Company.
Section 3.10. Servicing Compensation; Payment of Certain Expenses by the
Company. (a) As compensation for its activities and obligations hereunder, the
Company shall be entitled to withhold and pay to itself out of each payment
received by it on account of interest on each Mortgage Loan (including the
portion of any Buydown Funds applied to the related Buydown Mortgage Loan for
the applicable period) an amount equal to the Servicing Fee. The aggregate of
the Servicing Fees payable to the Company on any Distribution Date shall be
reduced by the amount of any Compensating Interest Payment for such Distribution
Date. Additional servicing compensation in the form of Prepayment Interest
Excess, assumption fees, modification fees, late payment charges, interest
income or gain with respect to amounts deposited in the Certificate Account and
invested by the Company or otherwise shall be retained by the Company, subject
to Section 3.10(b), if applicable. The Company shall be required to pay all
expenses incurred by it in connection with its activities hereunder (including
payment of Trustee fees and all other fees and expenses not expressly stated
hereunder to be for the account of the Certificateholders) and shall not be
entitled to reimbursement therefor except as provided in Sections 3.01, 3.03,
3.04 and 3.08.
(b) The Company may, as a condition to granting any request by a Mortgagor
for any consent, modification, waiver or amendment or any other matter or thing,
the granting of which is in the Company's discretion pursuant to the terms of
the instruments evidencing or securing the related Mortgage Loan and is
permitted by other sections of this Agreement, require (to the extent permitted
by applicable law) that such Mortgagor pay to it a reasonable or customary fee
in accordance with the schedule set forth as Exhibit H (which may be amended
from time to time by provision of a revised schedule of such fees to the
Trustee, whereupon such revised schedule shall be deemed to be Exhibit H
hereunder) for the additional services performed in connection with such
request, together with any related costs and expenses incurred by it. Such fees
shall be additional servicing compensation to the Company.
Section 3.11. Reports to the Trustee. Not later than 15 days after each
Distribution Date, the Company shall forward to the Trustee a statement,
certified by a Servicing Officer, setting forth the status of the Mortgage Loan
Payment Record as of the close of business on such Distribution Date and
showing, for the period covered by such statement, the aggregate of credits to
the Mortgage Loan Payment Record for each category of credit specified in
Section 3.02 and each category of debit specified in Section 3.04.
Section 3.12. Annual Statement as to Compliance. The Company will deliver
to the Trustee, on or before March 31 of each year, beginning with March 31,
2000, an Officer's Certificate stating that (a) a review of the activities of
the Company during the preceding calendar year and of its performance under this
Agreement has been made under such Officer's supervision and (b) to the best of
such Officer's knowledge, based on such review, the Company has fulfilled all
its material obligations under this Agreement throughout such year, or, if there
has been a default in the fulfillment of any such obligation, specifying each
such default known to such Officer and the nature and status thereof.
Section 3.13. Annual Independent Public Accountants' Servicing Report. On
or before March 31 of each year, beginning with March 31, 2000, the Company
shall:
(a) furnish to a firm of independent public accountants (which may also
render other services to the Company) a statement substantially to the effect
that the Company has complied in all material respects with the minimum
servicing standards set forth in the Uniform Single Attestation Program for
Mortgage Bankers (the "Minimum Servicing Standards") with respect to the
mortgage loans in the Company's servicing portfolio (which may exclude home
equity loans) or, if there has been material noncompliance with such servicing
standards, containing a description of such noncompliance; and
(b) at its expense cause such firm of independent public accountants to
furnish a report to the Trustee stating its opinion as to the Company's
assertion contained in the statement delivered pursuant to Section 3.13(a),
which opinion shall be based on an examination conducted by such firm in
accordance with the standards established by the American Institute of Certified
Public Accountants, including examining, on a test basis, evidence about the
Company's compliance with the Minimum Servicing Standards. Such opinion shall be
to the effect that the Company has complied in all material respects with the
Minimum Servicing Standards with respect to the mortgage loan portfolio
described in the Company's statement delivered pursuant to Section 3.13(a)
hereof or if there has been material noncompliance with the Minimum Servicing
Standards, shall contain a description of such noncompliance in accordance with
applicable accounting standards. In rendering such report, such firm may rely,
as to matters relating to direct servicing of Mortgage Loans by any primary
servicer, upon comparable reports of independent public accountants with respect
to such primary servicer.
Section 3.14. Access to Certain Documentation and Information Regarding the
Mortgage Loans. To the extent permitted by applicable law, the Company shall
provide to the Trustee, Certificateholders which are regulated insurance
entities and the applicable insurance regulatory agencies thereof,
Certificateholders which are federally insured savings and loan associations,
the Office of Thrift Supervision, the FDIC and the supervisory agents and
examiners thereof access to the documentation regarding the Mortgage Loans
required by applicable regulations of the Office of Thrift Supervision or of
such insurance regulatory agencies, as the case may be, such access being
afforded without charge but only upon reasonable request and during normal
business hours at the offices of the Company. Nothing in this Section 3.14 shall
derogate from the obligation of the Company to observe any applicable law
prohibiting disclosure of information regarding the Mortgagors and the failure
of the Company to provide access as provided in this Section 3.14 as a result of
such obligation shall not constitute a breach of this Section 3.14.
Section 3.15. Maintenance of Certain Servicing Policies. The Company shall
during the term of its service as servicer maintain in force (i) a policy or
policies of insurance covering errors and omissions in the performance of its
obligations as servicer hereunder and (ii) a fidelity bond in respect of its
officers, employees or agents. Each such policy or policies and bond shall,
together, comply with the requirements from time to time of FNMA for persons
performing servicing for mortgage loans purchased by such association.
Section 3.16. Optional Purchase of Defaulted Mortgage Loans. The Company
shall have the right, but not the obligation, to purchase any Defaulted Mortgage
Loan for a price equal to the Purchase Price therefor. Any such purchase shall
be accomplished as provided in Section 4.04(a) hereof.
Section 3.17. Class A2 Interest Account and Class A4 Interest Account.
State Street Bank and Trust Company, not in its capacity as Trustee hereunder,
is hereby appointed, and as evidenced by its execution of this Agreement, does
hereby accept such appointment, to serve as custodian (the "Custodian") of the
assets included in the Class A2 Interest Account and the Class A4 Interest
Account created by this Section 3.17. On or prior to the Closing Date, the
Custodian shall establish a segregated, non-interest bearing, corporate trust
account in its corporate trust department, in respect of the Class A2
Certificates (such account, the "Class A2 Interest Account") and in respect of
the Class A4 Certificates (such account, the "Class A4 Interest Account"). Each
of the Class A2 Interest Account and the Class A4 Interest Account shall have
the characteristics set forth in this Section 3.17 and shall be held by the
Custodian solely for the benefit of the Holders of the Class A2 and Class A4
Certificates, respectively, and the Holders of the Class R Certificates (to the
extent of their rights therein). Amounts on deposit in the Class A2 Interest
Account and the Class A4 Interest Account shall be applied by the Custodian
solely as provided in Sections 4.01(g)(i) and (ii). The Class A2 Interest
Account and the Class A4 Interest Account shall not be assets of the Trust Fund,
but shall be assets in the REMIC. In acting as Custodian with respect to the
Class A2 Interest Account and the Class A4 Interest Account, the Custodian shall
have all rights and immunities of the Trustee under this Agreement and shall
have only such express duties as set forth in this Section 3.17.
On or prior to the Closing Date, the Company, acting as agent for the Class
A2 Certificateholders, shall transfer (or cause to be transferred) the Class A2
Interest Account Deposit to the Custodian for deposit into the Class A2 Interest
Account. On or prior to the Closing Date, the Company, acting as agent for the
Class A4 Certificateholders, shall transfer (or cause to be transferred) the
Class A4 Interest Account Deposit to the Custodian for deposit into the Class A4
Interest Account. The Custodian acknowledges receipt of the Class A2 Interest
Account Deposit and the Class A4 Interest Account Deposit. The Custodian shall
not invest amounts in the Class A2 Interest Account and the Class A4 Interest
Account. Neither the Company, the Custodian, the Trustee nor any other party
shall be under any obligation to make any further deposits into the Class A2
Interest Account and the Class A4 Interest Account.
The transfer by (or on behalf of) the Company of the Class A2 Interest
Account Deposit and the Class A4 Interest Account Deposit is an outright and
unconditional assignment to the Custodian for the benefit of the Holders of the
Class A2 and Class A4 Certificates, respectively, and is not in the nature of a
pledge or similar arrangement. The Class A2 and Class A4 Interest Accounts shall
not be assets of the Company and the Company shall have no legal or beneficial
right thereto or interest therein, except any that may arise by virtue of the
Company's becoming a Holder of a Class A2 or Class A4 Certificate, as
applicable, or a Class R Certificate.
The Class A2 Certificateholders, by their acceptance of a Class A2
Certificate, appoint the Company as their agent for the purpose of transferring
(or causing the transfer of) the Class A2 Interest Account Deposit to the
Trustee. The Class A4 Certificateholders, by their acceptance of a Class A4
Certificate, appoint the Company as their agent for the purpose of transferring
(or causing the transfer of) the Class A4 Interest Account Deposit to the
Trustee.
ARTICLE IV
PAYMENTS AND STATEMENTS
Section 4.01. Distributions. (a) On each Distribution Date, the Trustee
shall withdraw the Available Funds from the Certificate Account and shall make
distributions to Holders of the Certificates as of the preceding Record Date in
the following order of priority, to the extent of the remaining Available Funds:
(i) to each Class of Senior Certificates (other than any Class of
Principal Only Certificates) and the Class S Certificates, the Accrued
Certificate Interest thereon for such Distribution Date; provided, however,
that any shortfall in available amounts shall be allocated among such
Classes in proportion to the amount of Accrued Certificate Interest that
would otherwise be distributable thereto;
(ii) to each Class of Senior Certificates (other than any Class of
Principal Only Certificates) and the Class S Certificates, any related
Unpaid Class Interest Shortfall for such Distribution Date; provided,
however, that any shortfall in available amounts shall be allocated among
such Classes in proportion to the Unpaid Class Interest Shortfall for each
such Class on such Distribution Date;
(iii) to the Classes of Senior Certificates in reduction of the Class
Certificate Principal Balances thereof, as set forth in Exhibit O hereto,
without regard to the use of the word "approximately" therein; provided,
however, that defined terms used in Exhibit O shall have the meanings
assigned thereto in Article I hereof;
(iv) to the Class PO Certificates, any Class PO Deferred Amount for
such Distribution Date, up to an amount not to exceed the Junior Optimal
Principal Amount for such Distribution Date, until the Class Certificate
Principal Balance of such Class has been reduced to zero; provided, that
any such amounts distributed to the Class PO Certificates pursuant to this
clause (iv) shall not reduce the Class Certificate Principal Balance
thereof;
(v) to the Class M Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(vi) to the Class M Certificates, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(vii) to the Class M Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date;
(viii) to the Class B1 Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(ix) to the Class B1 Certificates, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(x) to the Class B1 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date;
(xi) to the Class B2 Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(xii) to the Class B2 Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date;
(xiii) to the Class B2 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date;
(xiv) to the Class B3 Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(xv) to the Class B3 Certificates, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(xvi) to the Class B3 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date;
(xvii) to the Class B4 Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(xviii) to the Class B4 Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date;
(xix) to the Class B4 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date;
(xx) to the Class B5 Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(xxi) to the Class B5 Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date; and
(xxii) to the Class B5 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of the
Junior Optimal Principal Amount on such Distribution Date.
Notwithstanding the foregoing, amounts otherwise distributable pursuant to
clauses (vii), (x), (xiii), (xvi), (xix) and (xxii) on any Distribution Date
shall be reduced, in inverse order of priority, by any amount distributed
pursuant to clause (iv) on such date, such that such amount distributed pursuant
to clause (iv) on such date shall be applied first to reduce the amount
distributable pursuant to clause (xxii), and then, to the extent of any excess,
applied second, to reduce the amount distributable pursuant to clause (xix),
third, to reduce the amount distributable pursuant to clause (xvi), fourth, to
reduce the amount distributable pursuant to clause (xiii), fifth, to reduce the
amount distributable pursuant to clause (x) and sixth, to reduce the amount
distributable pursuant to clause (vii).
(b) On each Distribution Date, the Trustee shall distribute to the holder
of the Class R Certificate any remaining Available Funds for such Distribution
Date after application of all amounts described in clause (a) of this Section
4.01, together with any Unanticipated Recoveries received by the Company in the
calendar month preceding the month of such Distribution Date and not distributed
on such Distribution Date to the holders of outstanding Certificates of any
other Class pursuant to Section 4.01(f), plus any amounts distributable to the
holder of the Class R Certificate pursuant to Sections 4.01(e) and (g). Any
distributions pursuant to this clause (b) shall not reduce the Class Certificate
Principal Balance of the Class R Certificate.
(c) If on any Distribution Date the Class Certificate Principal Balances of
the Junior Certificates have each been reduced to zero, the amount distributable
to the Senior Certificates other than the Class PO Certificates pursuant to
Section 4.01(a)(iii) for such Distribution Date and each succeeding Distribution
Date shall be allocated among such Classes of Senior Certificates, pro rata, on
the basis of their respective Class Certificate Principal Balances immediately
prior to such Distribution Date, regardless of the priorities and amounts set
forth in Section 4.01(a)(iii).
(d) If on any Distribution Date (i) the Class Certificate Principal Balance
of the Class M Certificates or any Class of Class B Certificates for which the
related Prepayment Distribution Trigger was satisfied on such Distribution Date
is reduced to zero and (ii) amounts distributable pursuant to clauses (ii), (iv)
and (v) of the Junior Optimal Principal Amount remain undistributed on such
Distribution Date after all amounts otherwise distributable on such date
pursuant to clauses (iv) through (xxii) of Section 4.01(a) have been
distributed, such amounts shall be distributed on such Distribution Date to the
remaining Classes of Junior Certificates in order of priority, such that no such
distribution shall be made to any Class of Junior Certificates while a prior
such Class is outstanding.
(e) (i) On each Distribution Date prior to the Cross-Over Date,
distributions in reduction of the Class Certificate Principal Balances of any
Designated Retail Certificates will be made in accordance with the provisions of
Section 4.10.
With respect to any Class of Designated Retail Certificates, upon the
earlier of the Cross-Over Date and the next Distribution Date after the
Distribution Date on which the Class Certificate Principal Balance of such Class
of Designated Retail Certificates has been reduced to zero, (x) to the extent
the balance of funds remaining in the related Rounding Account is less than
$999.99, the balance in such Rounding Account shall be restored to $999.99 (or,
if less, the sum of such remaining balance and the amount so distributable) from
Available Funds otherwise available for distribution on all outstanding Classes
of Certificates and (y) such Rounding Account shall be cleared and terminated,
and the amounts therein shall be distributed to the Class R Certificates on such
date (which distribution shall not reduce the Class Certificate Principal
Balance thereof).
(ii) As provided in Section 4.10(f), notwithstanding any provisions
herein to the contrary, on the Cross-Over Date and on each subsequent
Distribution Date, distributions in reduction of the Class Certificate
Principal Balances of any Class of Designated Retail Certificates shall be
made on a pro rata basis among the outstanding Certificates of the
respective Class, based on the Percentage Interest in each such Class
represented by each Certificate. The Trustee shall notify the Depository
prior to the first Distribution Date on which distributions in respect of
principal on any Class of Designated Retail Certificates are to be made on
a pro rata basis in accordance with the preceding sentence. On the
Cross-Over Date and on each subsequent Distribution Date, the Trustee shall
not, and the Depository is not authorized to, make distributions or
payments in respect of any Class of Designated Retail Certificates in
accordance with any Principal Distribution Request or by Random Lot.
(f) In the event that in any calendar month the Company recovers an amount
(an "Unanticipated Recovery") in respect of principal of a Mortgage Loan which
had previously been allocated as a Realized Loss to any Class of Certificates
pursuant to Section 4.03, on the Distribution Date in the next succeeding
calendar month the Trustee shall withdraw from the Certificate Account and
distribute to the holders of each outstanding Class to which such Realized Loss
had previously been allocated its share (determined as described in the
succeeding paragraph) of such Unanticipated Recovery in an amount not to exceed
the amount of such Realized Loss previously allocated to such Class. When the
Class Certificate Principal Balance of a Class of Certificates has been reduced
to zero, the holders of such Class shall not be entitled to any share of an
Unanticipated Recovery, and such Unanticipated Recovery shall be allocated among
all outstanding Classes of Certificates entitled thereto in accordance with the
preceding sentence, subject to the remainder of this subsection (f). In the
event that (i) any Unanticipated Recovery remains undistributed in accordance
with the preceding sentence or (ii) the amount of an Unanticipated Recovery
exceeds the amount of the Realized Loss previously allocated to any outstanding
Classes with respect to the related Mortgage Loan, on the applicable
Distribution Date the Trustee shall distribute to the holders of all outstanding
Classes of the related Certificates to which Realized Losses had previously been
allocated and not reimbursed their pro rata share (determined as described
below) of such excess in an amount not to exceed the aggregate amount of any
Realized Loss previously allocated to such Class with respect to any other
Mortgage Loan that has not been recovered in accordance with this subsection
(f). Any distributions made pursuant to this subsection (f) shall not reduce the
Class Certificate Principal Balance of the related Certificate.
For purposes of the preceding paragraph, the share of an Unanticipated
Recovery allocable to any Class of Certificates with respect to a Mortgage Loan
shall be (i) with respect to the Class PO Certificates, based on the applicable
PO Percentage of the principal portion of the Realized Loss previously allocated
thereto with respect to such Mortgage Loan (or all Mortgage Loans for purposes
of the next to last sentence of the preceding paragraph), and (ii) with respect
to any other Class of Certificates, based on its pro rata share (in proportion
to the Class Certificate Principal Balances thereof with respect to such
Distribution Date) of the applicable Non-PO Percentage of the principal portion
of any such Realized Loss previously allocated with respect to such Mortgage
Loan (or Loans); provided, however, that (i) the share of an Unanticipated
Recovery allocable to a Class PO Certificate with respect to any Mortgage Loan
(or Loans) shall be reduced by the aggregate amount previously distributed to
such Class on account of the applicable Class PO Deferred Amount in respect of
such Mortgage Loan (or Loans) and (ii) the amount by which the distributions to
the Class PO Certificates have been so reduced shall be distributed to the
Classes of Certificates described in clause (ii) of the preceding paragraph in
the same proportion as described in such clause (ii). For purposes of the
preceding sentence, any Class PO Deferred Amount distributed to a Class PO
Certificate on previous Distribution Dates shall be deemed to have been
allocated in respect of the Mortgage Loans as to which the applicable PO
Percentage of the principal portion of Realized Losses has previously been
allocated to such Class on a pro rata basis (based on the amount of Realized
Losses so allocated).
(g) (i) On the Distribution Date in July 1999, the Custodian shall withdraw
and transfer to the Trustee, from amounts on deposit in the Class A2 Interest
Account, an amount equal to the Class A2 Interest Account Deposit, and the
Trustee shall distribute such amounts to the Holders of the Class A2
Certificates, as part of and in addition to the distribution of interest thereon
pursuant to Section 4.01(a)(i) above. The Custodian shall withdraw any amounts
remaining in the Class A2 Interest Account after such distribution and transfer
such amounts to the Trustee for distribution to the Holders of the Class R
Certificates.
(ii) On the Distribution Date in July 1999, the Custodian shall
withdraw and transfer to the Trustee, from amounts on deposit in the Class
A4 Interest Account, an amount equal to the Class A4 Interest Account
Deposit, and the Trustee shall distribute such amounts to the Holders of
the Class A4 Certificates, as part of and in addition to the distribution
of interest thereon pursuant to Section 4.01(a)(i) above. The Custodian
shall withdraw any amounts remaining in the Class A4 Interest Account after
such distribution and transfer such amounts to the Trustee for distribution
to the Holders of the Class R Certificates.
Section 4.02. Method of Distribution. (a) Except as set forth in Section
4.10 in respect of any Designated Retail Certificates, all distributions with
respect to each Class of Certificates on each Distribution Date shall be made
pro rata among the outstanding Certificates of such Class, based on the
Percentage Interest in such Class represented by each Certificate. Payments to
the Certificateholders on each Distribution Date will be made by the Trustee to
the Certificateholders of record on the related Record Date (other than as
provided in Section 9.01 respecting the final distribution) by check or money
order mailed to a Certificateholder at the address appearing in the Certificate
Register, or upon written request by such Certificateholder to the Trustee made
not later than the applicable Record Date, by wire transfer to a U.S. depository
institution acceptable to the Trustee, or by such other means of payment as such
Certificateholder and the Trustee shall agree.
(b) Each distribution with respect to a Book-Entry Certificate shall be
paid to the Depository, which shall credit the amount of such distribution to
the accounts of its Depository Participants in accordance with its normal
procedures. Each Depository Participant shall be responsible for disbursing such
distribution to the Certificate Owners that it represents and to each Financial
Intermediary for which it acts as agent. Each Financial Intermediary shall be
responsible for disbursing funds to the Certificate Owners that it represents.
The Depository shall be responsible for the allocation of the aggregate amount
of distributions in reduction of the Class Certificate Principal Balances of any
Class of Designated Retail Certificates among the Depository Participants in
accordance with Section 4.10, and each Depository Participant (and each
respective Financial Intermediary for which such Depository Participant acts as
agent) shall be responsible for the allocation of the amount allocated thereto
among the related Certificate Owners. All such credits and disbursements with
respect to a Book-Entry Certificate are to be made by the Depository and the
Depository Participants in accordance with the provisions of the applicable
Certificates. Neither the Trustee nor the Company shall have any responsibility
therefor except as otherwise provided by applicable law.
(c) The Trustee shall withhold or cause to be withheld such amounts as it
reasonably determines are required by the Code (giving full effect to any
exemptions from withholding and related certifications required to be furnished
by Certificateholders or Certificate Owners and any reductions to withholding by
virtue of any bilateral tax treaties and any applicable certification required
to be furnished by Certificateholders or Certificate Owners with respect
thereto) from distributions to be made to Non-U.S. Persons. If the Trustee
reasonably determines that a more accurate determination of the amount required
to be withheld for a distribution can be made within a reasonable period after
the scheduled date for such distribution, it may hold such distribution in trust
for a holder of a Residual Certificate until such determination can be made. For
the purposes of this paragraph, a "Non-U.S. Person" is (i) an individual other
than a citizen or resident of the United States, (ii) a partnership, corporation
or entity treated as a partnership or corporation for U.S. federal income tax
purposes not formed under the laws of the United States, any state thereof or
the District of Columbia (unless, in the case of a partnership, Treasury
regulations provide otherwise), (iii) any estate, the income of which is not
subject to U.S. federal income taxation, regardless of source, and (iv) any
trust, other than a trust that a court within the United States is able to
exercise primary supervision over the administration of the trust and one or
more U.S. Persons have the authority to control all substantial decisions of the
trust.
Section 4.03. Allocation of Losses. (a) On or prior to each Determination
Date, the Company shall determine the amount of any Realized Loss in respect of
each Mortgage Loan that occurred during the immediately preceding calendar
month.
(b) With respect to any Distribution Date, the principal portion of each
Realized Loss (other than any Excess Loss) shall be allocated as follows:
(i) the applicable PO Percentage of the principal portion of any such
Realized Loss shall be allocated to the Class PO Certificates until the
Class Certificate Principal Balance thereof has been reduced to zero; and
(ii) the applicable Non-PO Percentage of the principal portion of any
such Realized Loss shall be allocated in the following order of priority:
first, to the Class B5 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero;
second, to the Class B4 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero;
third, to the Class B3 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero;
fourth, to the Class B2 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero;
fifth, to the Class B1 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero;
sixth, to the Class M Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero; and
seventh, to the Classes of Senior Certificates other than the
Class PO Certificates, pro rata, in accordance with their Class
Certificate Principal Balances; provided, that any such loss allocated
to any Class of Accrual Certificates (and any Accrual Component) shall
be allocated (subject to Section 4.03(d)) on the basis of the lesser
of (x) the Class Certificate Principal Balance (or Component Principal
Balance) thereof immediately prior to the applicable Distribution Date
and (y) the Class Certificate Principal Balance (or Component
Principal Balance) thereof on the Closing Date (as reduced by any
Realized Losses previously allocated thereto).
(c) With respect to any Distribution Date, the principal portion of any
Excess Loss (other than Excess Bankruptcy Losses attributable to Debt Service
Reductions) shall be allocated as follows: (1) the PO Percentage of any such
loss shall be allocated to the Class PO Certificates, and (2) the Non-PO
Percentage of any such loss shall be allocated to each Class of Certificates
other than the Class PO Certificates, pro rata, based on the respective Class
Certificate Principal Balances thereof; provided, that any such loss allocated
to any Class of Accrual Certificates (and any Accrual Component) shall be
allocated (subject to Section 4.03(d)) on the basis of the lesser of (x) the
Class Certificate Principal Balance (or Component Principal Balance) thereof
immediately prior to the applicable Distribution Date and (y) the Class
Certificate Principal Balance (or Component Principal Balance) thereof on the
Closing Date (as reduced by any Realized Losses previously allocated thereto).
(d) Any Realized Losses allocated to a Class of Certificates pursuant to
Section 4.03(b) or (c) shall be allocated among the Certificates of such Class
in proportion to their respective Certificate Principal Balances. In addition,
any Realized Losses allocated to any Class of Component Certificates on a
Distribution Date shall be allocated in reduction of the Component Principal
Balances of the related Components (other than any Notional Component) in
proportion to their respective Component Principal Balances immediately prior to
such Distribution Date. Any allocation of Realized Losses pursuant to this
paragraph (d) shall be accomplished by reducing the Certificate Principal
Balance (or, in the case of any Component, the Component Principal Balance) of
the related Certificates (or Components) on the related Distribution Date in
accordance with Section 4.03(e).
(e) Realized Losses allocated in accordance with this Section 4.03 shall be
allocated on the Distribution Date in the month following the month in which
such loss was incurred and, in the case of the principal portion thereof, after
giving effect to distributions made on such Distribution Date, except that the
aggregate amount of Realized Losses to be allocated to the Class PO Certificates
on such Distribution Date will be taken into account in determining
distributions in respect of any Class PO Deferred Amount for such date.
(f) On each Distribution Date, the Company shall determine the Subordinate
Certificate Writedown Amount, if any. Any such Subordinate Certificate Writedown
Amount shall effect a corresponding reduction in the Certificate Principal
Balance of the Subordinate Certificates, which reduction shall occur on such
Distribution Date after giving effect to distributions made on such Distribution
Date.
(g) Notwithstanding the foregoing, no such allocation of any Realized Loss
shall be made on a Distribution Date to a Class of Certificates to the extent
that such allocation would result in the reduction of the aggregate Certificate
Principal Balances of all the Certificates as of such Distribution Date, after
giving effect to all distributions and prior allocations of Realized Losses on
such date, to an amount less than the aggregate Scheduled Principal Balance of
the Mortgage Loans as of the first day of the month of such Distribution Date,
less any Deficient Valuations occurring on or prior to the Bankruptcy Coverage
Termination Date (such limitation, the "Loss Allocation Limitation").
Section 4.04. Monthly Advances; Purchases of Defaulted Mortgage Loans. (a)
The Company shall be required to make Monthly Advances in the manner and to the
extent provided herein. Prior to the close of business on each Determination
Date, the Company shall determine (i) the amount of the Monthly Advance which it
is required to make on the related Distribution Date and (ii) whether it has
elected to purchase any Defaulted Mortgage Loan or Loans on such Distribution
Date. If the Company so elects to purchase any Defaulted Mortgage Loans (or is
required to purchase any Mortgage Loan pursuant to Section 2.02 or 2.03(a)), no
Monthly Advance shall be required with respect thereto for the month in which
such purchase occurs. The Company shall include information as to each of such
determinations in the Servicer's Certificate furnished by it to the Trustee in
accordance with Section 4.06 and shall be obligated to transfer to the
Certificate Account pursuant to Section 3.02(d) on or before 11:00 a.m. New York
time on the Business Day next preceding the following Distribution Date in
next-day funds the respective amounts applicable to such determinations
appearing in such Servicer's Certificate. Upon receipt by the Trustee of written
notification signed by a Servicing Officer of any such deposit relating to the
purchase by the Company of such a Mortgage Loan, the Trustee shall release to
the Company the related Mortgage 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 Company any Mortgage Loan released pursuant hereto.
(b) In the event that the Company transfers or expects to transfer less
than the Available Funds required to be deposited by it pursuant to Section
3.02(d), the Company shall so notify the Trustee no later than 9:00 a.m. on the
Business Day preceding the related Distribution Date, and the amount so
transferred, if any, shall be deemed to have been transferred first pursuant to
clause (i) of the definition of Available Funds, second pursuant to clause (iii)
of the definition of Available Funds, and third pursuant to clause (ii) of the
definition of Available Funds. Such notice shall specify each Mortgage Loan
delinquent as of the preceding Determination Date. In such event, the Trustee
shall make any Monthly Advance required to be made hereunder, in the manner and
to the extent required; provided, the Trustee shall not be so obligated if
prohibited by applicable law.
(c) In the event that the Company is succeeded hereunder as servicer, the
obligation to make Monthly Advances in the manner and to the extent required by
Section 4.04(a) shall be assumed by the successor servicer (subject to Section
7.02).
Section 4.05. Statements to Certificateholders. Each month, at least two
Business Days prior to each Distribution Date, the Company shall deliver to the
Trustee for mailing to each Certificateholder, and the Trustee shall mail to
each Certificateholder on such Distribution Date, a statement (each, a
"Distribution Date Statement") substantially in the form of Exhibit J hereto,
setting forth:
(i) The amount of such distribution to the Certificateholders of each
Class (and in respect of any Component), other than any Notional
Certificates (and any Notional Component), allocable to principal,
separately identifying the aggregate amount of any Principal Prepayments
included therein (including, for this purpose, the Scheduled Principal
Balances of all Defaulted Mortgage Loans and Defective Mortgage Loans
purchased pursuant to Section 2.02, 2.03(b) or 3.16, respectively, and any
amounts deposited pursuant to Section 2.03(b) in connection with the
substitution of any Mortgage Loans pursuant to Section 2.02 or 2.03(a), the
proceeds of which purchases or substitutions are being distributed on such
Distribution Date);
(ii) The amount of such distribution to the Certificateholders of each
Class (other than any Class of Principal Only Certificates) allocable to
interest, including any Accrual Amount added to the Class Certificate
Principal Balance or Component Principal Balance of any Class of Accrual
Certificates or any Accrual Components;
(iii) The amount of servicing compensation paid to the Company during
the month preceding the month of distribution in respect of the Mortgage
Loans and such other customary information as the Company deems necessary
or desirable to enable Certificateholders to prepare their tax returns;
(iv) The Pool Scheduled Principal Balance and the aggregate number of
the Mortgage Loans on the preceding Due Date after giving effect to all
distributions allocable to principal made on such Distribution Date;
(v) The Class Certificate Principal Balance (or Notional Principal
Balance) of each Class, the Component Principal Balance of each Component
and the Certificate Principal Balance (or Notional Principal Balance) of a
Single Certificate of each Class after giving effect to (i) all
distributions allocable to principal (or reductions in the Notional
Principal Balance, in the case of the Notional Certificates, or the
addition of any Accrual Amount, in the case of any Class of Accrual
Certificates) made on such Distribution Date and (ii) the allocation of any
Realized Losses and any Subordinate Certificate Writedown Amount for such
Distribution Date;
(vi) The Pay-out Rate applicable to each Class of Certificates;
(vii) The book value and unpaid principal balance of any real estate
acquired on behalf of Certificateholders through foreclosure, or grant of a
deed in lieu of foreclosure or otherwise, of any REO Mortgage Loan, and the
number of the related Mortgage Loans;
(viii) The aggregate Scheduled Principal Balances and number of
Mortgage Loans which, as of the close of business on the last day of the
month preceding the related Distribution Date, were (a) delinquent as to a
total of (x) 30-59 days, (y) 60-89 days and (z) 90 days or more, and (b) in
foreclosure;
(ix) The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to Section 2.03(b);
(x) The Certificate Interest Rates of any LIBOR Certificates, any COFI
Certificates and the Class S Certificates applicable to the Interest
Accrual Period relating to such Distribution Date and such Class;
(xi) The Senior Percentage, the Class A3 Percentage and the Junior
Percentage for such Distribution Date;
(xii) The Senior Prepayment Percentage, the Class A3 Prepayment
Distribution Percentage and the Junior Prepayment Percentage for such
Distribution Date; and
(xiii) The amount of such distribution to the Certificateholders of
each Class allocable to Unanticipated Recoveries.
In the case of information furnished pursuant to clauses (i) through (iii)
above, the amounts shall be expressed as a dollar amount per Single Certificate.
In connection with any proposed transfer of a Certificate that is purported
to be made in reliance on Rule 144A under the Securities Act, the Company shall
be responsible for furnishing such information as may be required thereunder to
a proposed transferee. In furtherance of the Company's obligations hereunder,
the Company hereby instructs the Trustee, at the Company's expense and on its
behalf, and the Trustee agrees, to promptly make available to the proposed
transferee, upon request of the holder, (i) all statements furnished to
Certificateholders pursuant to this Section 4.05 on previous Distribution Dates,
(ii) all certificates furnished to the Trustee pursuant to Section 4.06 in prior
months, (iii) Officer's Certificates furnished to the Trustee pursuant to
Section 3.12 for the two years preceding such request, (iv) reports of
independent accountants furnished to the Trustee pursuant to Section 3.13 for
the two years preceding such request, (v) a copy of the Private Placement
Memorandum relating to such Certificate, together with any amendments or
supplements thereto issued by the Company, which may be accompanied by a legend
to the effect that the information contained in the Private Placement Memorandum
and any amendment or supplement thereto is current only as of its date and the
delivery thereof does not create an implication that such information is correct
as of any subsequent date of delivery (it being understood that the Company has
no obligation hereunder to update or supplement the Private Placement Memorandum
unless otherwise required pursuant to Rule 144A(d)(4)) (which copy and legend
shall be furnished to the Trustee by the Company), and (vi) the Company's
Current Report on Form 8-K, dated the Closing Date, relating to the Mortgage
Loans; provided, however, that the Trustee shall in no event be required to make
available such statements or certificates pursuant to clauses (i) and (ii) above
relating to Distribution Dates occurring more than twenty-four months preceding
the month in which such request was received; provided, further, however, that
notwithstanding the Trustee's agreement as aforesaid to provide such materials
to a proposed transferee, the Trustee does not assume, and shall not thereby be
deemed to have assumed, any responsibility for compliance by the Company with
Rule 144A (subject to the Trustee's agreement set forth in the second sentence
of this paragraph) and shall be entitled to include a notice with such
statements or certificates to the effect that such materials have not been
prepared or assembled by the Trustee and that the Trustee assumes no
responsibility for the adequacy, sufficiency or contents thereof. In connection
with any such proposed transfer, the Company shall make available to the
proposed holder, at the request of the related transferor, such additional
information, if any, as may be required to be delivered pursuant to Rule
144A(d)(4).
Section 4.06. Servicer's Certificate. Each month, not later than the second
Business Day next preceding each Distribution Date, the Company shall deliver to
the Trustee a completed Servicer's Certificate.
Section 4.07. Reports of Foreclosures and Abandonments of Mortgaged
Property. The Trustee (or the Company on behalf of the Trustee) shall, in each
year beginning after 1999, make the reports of foreclosures and abandonments of
any Mortgaged Property as required by section 6050J of the Code. In order to
facilitate this reporting process, the Company, on or before January 15th of
each year, shall provide to the Trustee reports relating to each instance
occurring during the previous calendar year in which the Company (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, or (ii) knows or has reason to know that a Mortgaged Property has been
abandoned. Reports from the Company shall be in form and substance sufficient to
meet the reporting requirements imposed by section 6050J of the Code.
Section 4.08. Reduction of Servicing Fees by Compensating Interest
Payments. The aggregate amount of the Servicing Fees subject to retention by the
Company as servicer in respect of any Distribution Date shall be reduced by the
amount of any Compensating Interest Payment for such Distribution Date.
Section 4.09. Surety Bond. (a) If a Required Surety Payment is payable
pursuant to the Surety Bond with respect to any Pledged Asset Mortgage Loan, the
Company shall so notify the Trustee as soon as reasonably practicable and shall,
on behalf of the Trustee for the benefit of the Certificateholders, promptly
complete the notice in the form of Attachment 1 to the Surety Bond and shall
promptly submit such notice to the Surety as a claim for a Required Surety
Payment.
(b) Upon receipt of a Required Surety Payment from the Surety on behalf of
the Certificateholders, the Company shall promptly credit such amount to the
Mortgage Loan Payment Record.
Section 4.10. Distributions to Holders of Designated Retail Certificates.
(a) Except as provided in subsections (d) and (f) below, on each Distribution
Date on which distributions in reduction of the Class Certificate Principal
Balance of a Class of Designated Retail Certificates are made, such
distributions will be made in the following order of priority:
(i) first, in respect of any Principal Distribution Request by the
personal representative of a Deceased Holder of such Class of Certificates,
a surviving tenant by the entirety, a surviving joint tenant, a surviving
tenant in common or such other Person empowered to act on behalf of such
Deceased Holder upon his or her death, in an amount up to but not exceeding
$100,000 per request; and
(ii) second, in respect of any Principal Distribution Request by a
Living Holder of such Class of Certificates, in an amount up to but not
exceeding $10,000 per request.
Thereafter, distributions in respect of such Class submitted on behalf of
each Deceased Holder will be made as provided in clause (i) above up to a second
$100,000 per request and distributions in respect of such Class submitted on
behalf of each Living Holder will be made as provided in clause (ii) above up to
a second $10,000 per request. This sequence of priorities will be repeated until
all such requests have been honored to the extent of amounts available for
distribution in reduction of the Class Certificate Principal Balance of such
Class of Designated Retail Certificates.
Principal Distribution Requests presented on behalf of Deceased Holders in
accordance with the provisions of clause (i) above will be accepted in the order
of their receipt by the Depository. Principal Distribution Requests presented in
accordance with the provisions of clause (ii) above will be accepted in the
order of their receipt by the Depository after all requests presented in
accordance with clause (i) have been honored. All Principal Distribution
Requests with respect to any Distribution Date shall be made in accordance with
Section 4.10(c) below and must be received by the Depository no later than the
close of business on the related Record Date. Principal Distribution Requests
that are received by the Depository after the related Record Date and requests,
in either case, for distributions timely received but not accepted with respect
to any Distribution Date, will be treated as Principal Distribution Requests 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 4.10(c). Requests on behalf of Deceased Holders that are not so
withdrawn shall retain their order of priority, all in accordance with the
procedures of the Depository and the Trustee. Upon the transfer of beneficial
ownership of any Designated Retail Certificate, any Principal 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 using a form required by the Depository.
Principal Distribution Requests for a Class of Designated Retail
Certificates will be applied, in the aggregate, in an amount equal to the
portion of the Available Funds distributable to such Class of Certificates
pursuant to Section 4.01(a), plus any amounts available for distribution from
the related Rounding Account pursuant to Section 4.10(e), provided that the
aggregate distribution in reduction of the Class Certificate Principal Balance
of any Class of Designated Retail Certificates on any Distribution Date shall be
made in an integral multiple of $1,000, subject to Section 4.10(f).
(b) A "Deceased Holder" is a beneficial owner of a Designated Retail
Certificate who was living at the time such interest was acquired and whose
authorized personal representative, surviving tenant by the entirety, surviving
joint tenant or surviving tenant in common or other Person empowered to act on
behalf of such beneficial owner upon his or her death, causes to be furnished to
the Trustee a certified copy of the death certificate of such Deceased Holder,
evidence of such person's status as an authorized representative of the Deceased
Holder, such as surviving tenant (whether by the entirety, joint tenancy or
tenancy in common), which evidence shall be satisfactory to the Trustee, and any
additional evidence of death required by and satisfactory to the Trustee and any
tax waivers requested by the Trustee. Designated Retail 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 any Designated Retail Certificates so
beneficially owned will be eligible for priority with respect to distributions
in reduction of the Class Certificate Principal Balance of such Class of
Certificates, subject to the limitations contained in this Section 4.10.
Designated Retail 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 Designated Retail Certificates greater than the number of individual
Designated Retail Certificates of which such trust is the beneficial owner. The
death of a beneficiary of a trust will be deemed to be the death of a beneficial
owner of the Designated Retail Certificates beneficially 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 that is the beneficiary of a trust will be deemed to be the death
of the beneficiary of the trust. The death of a person who, immediately prior to
his or her death, was entitled to substantially all of the beneficial ownership
interest in a Designated Retail Certificate will be deemed to be the death of
the beneficial owner of such Certificate regardless of the registration of
ownership of such Certificate, if such beneficial ownership interest can be
established to the satisfaction of the Trustee. The Trustee's decision regarding
whether a Deceased Holder's beneficial interest is substantial for purposes of
the preceding sentence shall be conclusive and binding. 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 Designated Retail Certificate, and the right to receive
the proceeds therefrom, as well as interest and distributions in reduction of
the Certificate Principal Balance of such Certificates payable with respect
thereto. The Trustee shall not be under any duty to determine independently the
occurrence of the death of any beneficial owner. The Trustee may rely entirely
upon documentation delivered to it in establishing the eligibility of any
beneficial owner to receive the priority accorded Deceased Holders in Section
4.10(a). Expenses incurred by the Trustee in an effort to determine the
beneficial ownership interest with respect to any Principal Distribution Request
presented on behalf of a Deceased Holder, including, without limitation,
attorneys fees, shall be paid by the Person presenting such Principal
Distribution Request.
(c) Requests for distributions in reduction of the Certificate Principal
Balance of a Class of Designated Retail Certificate must be made by delivering a
Principal Distribution Request therefor to the Depository Participant or
Financial Intermediary that maintains the account evidencing the beneficial
owner's interest in such Certificate. Such Depository Participant or Financial
Intermediary should in turn make the request of the Depository (or, in the case
of an Financial Intermediary, such Financial Intermediary should notify the
related Depository Participant of such request, which Depository Participant
should make the request of the Depository) on a form required by the Depository
and provided to the Depository Participant. In the case of a request on behalf
of a Deceased Holder, a certified copy of the death certificate and any
additional appropriate evidence of death and any tax waivers must be forwarded
to the Trustee under separate cover. Any such requests of Deceased Holders that
are incomplete may not be honored by the Trustee and, if not honored, will lose
their priority and must be resubmitted in proper form. Upon receipt of such
Principal Distribution Request, the Depository will date and time stamp such
request and forward such request to the Trustee. Such requests will be honored
on any Distribution Date only to the extent that they are received by the
Depository on or before the Record Date for such Distribution Date. The
Depository 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. Principal Distribution Requests delivered to the Depository
after the Record Date for a particular Distribution Date and requests received
in a timely manner but not accepted with respect to a particular Distribution
Date will be treated as Principal Distribution Requests for the next succeeding
Distribution Date and each succeeding Distribution Date thereafter until each
request is accepted or is withdrawn as provided below. In the case of Principal
Distribution Requests on behalf of Living Holders, the Depository will establish
a new order of priority for each Distribution Date. This order will apply both
to previously unsatisfied Principal Distribution Requests and to newly submitted
requests. A Principal Distribution Request submitted on behalf of a Living
Holder who later dies will become entitled to the priority of a newly submitted
request on behalf of a Deceased Holder upon satisfaction of the requirements set
forth above for requests of a Deceased Holder. Such priority will be effective
for each subsequent Distribution Date if the Trustee has received a certified
copy of the death certificate for such Deceased Holder and any additional
appropriate evidence of death and any requested tax waivers by the last business
day of the preceding calendar month. Each Principal Distribution Request
submitted by a beneficial owner of a Designated Retail Certificate will be held
by the Depository until such request has been accepted or has been withdrawn in
writing as provided herein. Neither the Trustee nor the Company shall be liable
for any delay in delivery of Principal Distribution Requests or Withdrawals (as
defined below) of such requests by the Depository, a Depository Participant or
any Financial Intermediary.
In the event that any Principal Distribution Requests are rejected by the
Trustee for failure to comply with the requirements of this Section 4.10, the
Trustee shall return such requests to the appropriate Depository Participant
with a copy to the Depository with an explanation as to the reason for such
rejection.
The Trustee shall maintain a list of those Depository Participants
representing the Certificate Owners of Designated Retail Certificates that have
submitted Principal Distribution Requests, together with the order of receipt
and the amounts of such requests. The Trustee shall notify the Depository and
the appropriate Depository Participants as to which requests should be honored
on each Distribution Date. Requests shall be honored by the Depository in
accordance with the procedures, and subject to the priorities and limitations,
described in this Section 4.10. The exact procedures to be followed by the
Trustee and the Depository for purposes of determining such priorities and
limitations shall be those established from time to time by the Trustee or the
Depository, as the case may be. The decisions of the Trustee and the Depository
concerning such matters shall be final and binding on all affected Persons.
Any beneficial owner of a Designated Retail Certificate that has made a
Principal Distribution Request may withdraw its request by so notifying in
writing the Depository Participant or Financial Intermediary that maintains such
beneficial owner's account (each such withdrawal, a "Withdrawal"). The
Depository Participant should forward the Withdrawal to the Depository on a form
required by the Depository. In the event that such account is maintained by a
Financial Intermediary, such Financial Intermediary should notify the related
Depository Participant which in turn should forward the Withdrawal of such
request, on a form required by the Depository, to the Depository. If such
Withdrawal has not been received by the Depository and forwarded to the Trustee
on or before the Record Date for the next Distribution Date, the previously made
Principal Distribution Request will be irrevocable with respect to the making of
distributions in reduction of the Certificate Principal Balance of such
Designated Retail Certificate on such Distribution Date.
(d) To the extent, if any, that amounts available for distribution in
reduction of the Class Certificate Principal Balance of a Class of Designated
Retail Certificates on a Distribution Date pursuant to Section 4.01(a) exceed
the dollar amount of Principal Distribution Requests that have been received in
respect of such Class by the related Record Date, as provided in Section 4.10(c)
above, distributions in reduction of the Class Certificate Principal Balance of
such Class of Certificates will be made by mandatory distributions on a Random
Lot basis, in integral multiples equal to $1,000, in reduction thereof without
regard to whether such Certificate Owners have submitted Principal Distribution
Requests. The Trustee shall notify the Depository of the aggregate amount of the
mandatory distribution by Random Lot in reduction of the Class Certificate
Principal Balance of such Designated Retail Certificates to be made on the next
Distribution Date. The Depository shall then allocate such aggregate amount
among its Depository Participants on a Random Lot basis. Each Depository
Participant and, in turn, each Financial Intermediary, will then select, in
accordance with its own procedures, Designated Retail Certificates of such Class
from among those held in its accounts to receive mandatory distributions in
reduction of the Class Certificate Principal Balance of such Certificates, such
that the total amount so selected is equal to the aggregate amount of such
mandatory distributions allocated to such Depository Participant by the
Depository and to such Financial Intermediary by its related Depository
Participant, as the case may be. Depository Participants and Financial
Intermediaries that hold a Class of Designated Retail Certificates selected for
mandatory distributions in reduction of the Class Certificate Principal Balance
thereof should provide notice of such mandatory distributions to the affected
Certificate Owners.
(e) On the Closing Date, a separate Rounding Account shall be established
with the Trustee for each Class of Designated Retail Certificates and the
Rounding Account Depositor for such Rounding Account shall cause to be initially
deposited the sum of $999.99 in each such Rounding Account. On each Distribution
Date on which a distribution is to be made in reduction of the Class Certificate
Principal Balance of a Class of Designated Retail Certificates pursuant to
Section 4.01(a), funds on deposit in the related Rounding Account shall be, to
the extent needed, withdrawn by the Trustee and applied to round upward to an
integral multiple of $1,000 the aggregate distribution in reduction of the Class
Certificate Principal Balance to be made on such Class of Certificates. Rounding
of such distribution on such Class of Designated Retail Certificates shall be
accomplished, on the first such Distribution Date, by withdrawing from the
related Rounding Account the amount of funds, if any, needed to round the amount
otherwise available for such distribution in reduction of the Class Certificate
Principal Balance of such Certificates upward to the next integral multiple of
$1,000. On each succeeding Distribution Date on which distributions in reduction
of the Class Certificate Principal Balance of such Class of Designated Retail
Certificates are to be made pursuant to Section 4.01(a), the aggregate amount of
such distributions allocable to such Certificates shall be applied first to
repay any funds withdrawn from the related Rounding Account and not previously
repaid, and then the remainder of such allocable amount, if any, shall be
similarly rounded upward to the next integral multiple of $1,000 and applied as
distributions in reduction of the Class Certificate Principal Balance of the
related Class of Certificates; this process shall continue on succeeding
principal Distribution Dates prior to the Cross-Over Date until the Class
Certificate Principal Balance of each such Class of Certificates has been
reduced to zero. Each Rounding Account shall be maintained as a non-interest
bearing account; the Rounding Accounts shall not be an asset of the Trust Fund,
but shall be an asset in the REMIC. On the earlier of (1) the Cross-Over Date
and (2) the first Distribution Date after the Class Certificate Principal
Balance of any Class of Designated Retail Certificates has been reduced to zero,
any remaining amounts in the related Rounding Account shall be distributed to
the Class R Certificate.
(f) Notwithstanding any provisions herein to the contrary, on each
Distribution Date coinciding with or after the Cross-Over Date, all
distributions in reduction of the Class Certificate Principal Balance of any
Class of Designated Retail Certificates will be made among the Holders and
Certificate Owners of such Class of Certificates, pro rata, based on their
Certificate Principal Balances, 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 Definitive Certificates representing any Class of
Designated Retail Certificates are issued pursuant to Section 5.02(f), all
requests for distributions or withdrawals of such requests relating to such
Class must be submitted to the Trustee, and the Trustee shall perform the
functions described in Section 4.10(a) through (d) using its own procedures,
which procedures shall, to the extent practicable, be consistent with the
procedures described in Section 4.10(a) through (d).
ARTICLE V
THE CERTIFICATES
Section 5.01. The Certificates. (a) The Certificates shall be substantially
in the forms set forth in Exhibit A hereto, as applicable, and shall, on
original issue, be executed by the Trustee, not in its individual capacity but
solely as Trustee, and countersigned and delivered by the Trustee to or upon the
order of the Company as provided in Article II.
(b) The Certificates shall be issued in an aggregate Initial Certificate
Principal Balance of $498,750,715.74. Such aggregate original principal balance
shall be divided among the Classes having the designations, Class Certificate
Principal Balances, Certificate Interest Rates and minimum denominations as
follows:
Initial Class
Certificate Certificate
Principal Interest Minimum
Designation Balance Rate Denominations
- ----------- ------- ---- -------------
Class A1 $40,926,000.00 6.50% $25,000
Class A2 14,475,476.00 (1) 25,000
Class A3 47,710,557.00 6.50% 25,000
Class A4 4,053,134.00 (1) 25,000
Class A5 2,551,890.00 7.00% 1,000
Class A6 4,712,416.00 7.00% 1,000
Class A7 2,000,000.00 7.00% 1,000
Class A8 29,000,000.00 7.50% 25,000
Class A9 138,655,000.00 6.00% 25,000
Class A10 29,000,000.00 6.75% 25,000
Class A11 100,000,000.00 7.00% 25,000
Class A12 20,707,000.00 6.50% 25,000
Class A13 3,448,000.00 7.00% 1,000
Class A14 676,358.00 (2) 25,000
Class A15 4,204,000.00 7.00% 1,000
Class A16 1,140,642.00 7.00% 1,000
Class A17 33,845,000.00 6.00% 25,000
Class PO 448,236.45 0.00% (2)
Class M 10,483,000.00 6.50% 100,000
Class B1 3,737,000.00 6.50% 100,000
Class B2 2,242,000.00 6.50% 100,000
Class B3 2,491,000.00 6.50% 500,000
Class B4 996,000.00 6.50% (2)
Class B5 1,247,906.29 6.50% 500,000
Class S (3) (3) (4)
Class R 100.00 6.50% 100
- -------------------------
(1) The Certificate Interest Rates of the Class A2 and Class A4 Certificates
for each Interest Accrual Period shall be determined as provided in Section
5.01(f).
(2) This Class of Certificates will be issued as a single Certificate
evidencing the entire Class Certificate Principal Balance of such Class.
(3) The Class S Certificates are issued with an initial Notional Principal
Balance of $476,820,702.62 and shall bear interest at the Strip Rate.
(4) The Class S Certificates will be issued in minimum denominations of
Notional Principal Balance of $25,000,000.
(c) The Certificates shall be issuable in registered form only. The
Book-Entry Certificates will be evidenced by one or more certificates,
beneficial ownership of which will be held in the minimum dollar denominations
in Certificate Principal Balance or Notional Principal Balance, as applicable,
specified in Section 5.01(b), and integral multiples of $1,000 in excess
thereof. The Non-Book-Entry Certificates other than the Residual Certificate
shall each be issued in the minimum dollar denominations in Certificate
Principal Balance or Notional Principal Balance, as applicable, specified in
Section 5.01(b), and integral multiples of $1,000 in excess thereof (and, if
necessary, in the amount of the remaining Class Certificate Principal Balance or
Notional Principal Balance, as applicable, of each Class, in the case of one
Certificate of such Class). The Residual Certificate shall be issued as a single
certificate evidencing the entire Class Certificate Principal Balance of such
Class and having a Percentage Interest of 100%. If necessary, one Certificate of
each Class of Book-Entry Certificates may evidence an additional amount equal to
the remainder of the Class Certificate Principal Balance of such Class.
(d) The Certificates shall be executed by manual or facsimile signature on
behalf of the Trustee by an authorized officer under its seal, which may be in
facsimile form and be imprinted or otherwise reproduced thereon. Certificates
bearing the manual or facsimile signatures of individuals who were, at the time
when such signatures were affixed, authorized to sign on behalf of the Trustee
shall bind the Trustee, notwithstanding that such individuals or any of them
have ceased to be so authorized prior to the authentication and delivery of such
Certificates or did not hold such offices at the date of such Certificate. No
Certificate shall be entitled to any benefit under this Agreement, or be valid
for any purpose, unless such Certificate shall have been manually countersigned
by the Trustee substantially in the forms set forth in Exhibit A hereto, and
such countersignature upon any Certificate shall be conclusive evidence, and the
only evidence, that such Certificate has been duly executed and delivered
hereunder. All Certificates issued on the Closing Date shall be dated the
Closing Date; all Certificates issued thereafter shall be dated the date of
their countersignature.
(e) The Strip Rate for each Interest Accrual Period shall be determined by
the Company and included in the Servicer's Certificate for the related
Distribution Date.
(f) (1) During the first Interest Accrual Period, the Certificate Interest
Rate of the Class A2 Certificates shall be 5.95370% per annum. For each
subsequent Interest Accrual Period, the Certificate Interest Rate of the Class
A2 Certificates shall be a per annum rate equal to the lesser of (1) 1.050% plus
LIBOR and (2) 8.000%, subject to a minimum rate of 1.050%.
(2) During the first Interest Accrual Period, the Certificate Interest
Rate of the Class A4 Certificates shall be 7.308214007% per annum. For each
subsequent Interest Accrual Period, the Certificate Interest Rate of the Class
A4 Certificates shall be a per annum rate equal to the lesser of (1) (A)
24.82142500% minus (B) 3.57142790 multiplied by LIBOR and (2) 24.82142500%,
subject to a minimum rate of 0.000%.
Section 5.02. Registration of Transfer and Exchange of Certificates. (a)
The Trustee shall cause to be kept at an office or agency in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
New York 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 initially serve as Certificate Registrar for the purpose of
registering Certificates and transfers and exchanges of Certificates as herein
provided.
Subject to Sections 5.02(b) and 5.02(c), upon surrender for registration of
transfer of any Certificate at the Corporate Trust Office, the Trustee shall
execute, authenticate and deliver, in the name of the designated transferee or
transferees, one or more new Certificates of the same Class in authorized
denominations of a like Percentage Interest.
At the option of a Certificateholder, Certificates may be exchanged for
other Certificates of authorized denominations of a like Class and Percentage
Interest, 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, countersign and deliver the Certificates which the
Certificateholder making the exchange is entitled to receive. Every Certificate
presented or surrendered for registration of transfer or exchange shall be
accompanied by a written instrument of transfer in form satisfactory to the
Trustee and the Certificate Registrar duly executed by the Holder thereof or his
attorney duly authorized in writing.
No service charge shall be made for any registration of transfer or
exchange of Certificates, but the Trustee 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 registration of transfer and exchange
shall be canceled and subsequently destroyed by the Trustee and a certificate of
destruction shall be delivered by the Trustee to the Company.
(b) No legal or beneficial interest in all or any portion of the Residual
Certificates may be transferred directly or indirectly to (i) a Disqualified
Organization or an agent of a Disqualified Organization (including a broker,
nominee, or middleman), (ii) an entity that holds REMIC residual securities as
nominee to facilitate the clearance and settlement of such securities through
electronic book-entry changes in accounts of participating organizations (a
"Book-Entry Nominee"), or (iii) an individual, corporation, partnership or other
person unless such transferee (A) is not a Non-U.S. Person or (B) is a Non-U.S.
Person that holds a Residual 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 (C) 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 a Residual Certificate to it is in accordance with the requirements of the
Code and the regulations promulgated thereunder and that such transfer of a
Residual Certificate will not be disregarded for federal income tax purposes
(any such person who is not covered by clause (A), (B) or (C) 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 and deliver, a Residual Certificate in connection with
any transfer thereof unless the transferor shall have provided to the Trustee an
affidavit, substantially in the form attached as Exhibit F 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, a Book-Entry Nominee 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 Residual Certificates to Disqualified
Organizations, Book-Entry Nominees or Non-permitted Foreign Holders, and an
agreement by the Transferee that it will not transfer a Residual Certificate
without providing to the Trustee an affidavit substantially in the form attached
as Exhibit F hereto and a letter substantially in the form attached as Exhibit G
hereto. Such affidavit shall also contain the statement of the transferee that
(i) it does not have the intention to impede the assessment or collection of any
federal, state or local taxes legally required to be paid with respect to the
Residual Certificates and (ii) it understands that it may incur tax liabilities
in excess of cash flows generated by a Residual Certificate and that it intends
to pay taxes associated with holding a Residual Certificate as they become due.
The affidavit described in the preceding paragraph, if not executed in
connection with the initial issuance of the Residual Certificates, shall be
accompanied by a written statement in the form attached as Exhibit G hereto,
signed by the transferor, to the effect that as of the time of the transfer, the
transferor has (i) no actual knowledge that the transferee is a Disqualified
Organization, Book-Entry Nominee or Non-permitted Foreign Holder, (ii) no reason
to believe that the transferee has the intention to impede the assessment or
collection of any federal, state or local taxes legally required to be paid with
respect to a Residual Certificate, and (iii) conducted a reasonable
investigation and found that the transferee had historically paid its debts as
they came due and found no significant evidence to indicate that the transferee
will not continue to pay its debts as they become due. The Residual Certificates
shall bear a legend referring to the foregoing restrictions contained in this
paragraph and the preceding paragraph.
Upon notice to the Company that any legal or beneficial interest in any
portion of the Residual Certificates 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 Residual 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 Residual
Certificate as completely as if such transfer had never occurred, provided that
the Company may, but is not required to, recover any distributions made to such
transferee with respect to the Residual Certificate and return such recovery to
the transferor, and (ii) the Company agrees to furnish to the Internal Revenue
Service and to any transferor of the Residual Certificate or such agent (within
60 days of the request therefor by the transferor or agent) such information
necessary to the application of section 860E(e) of the Code 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 Residual Certificate (or
portion thereof) for periods after such transfer. At the election of the
Company, the cost to the Company of computing and furnishing such information
may be charged to the transferor or such agent referred to above; however, the
Company shall in no event be excused from furnishing such information.
The restrictions on transfers of the Residual Certificates set forth in the
preceding three paragraphs shall cease to apply to transfers (and the applicable
portions of the legend to the Residual Certificates may be deleted) after
delivery to the Trustee of an Opinion of Counsel to the effect that the
elimination of such restrictions will not cause the REMIC established hereunder
to fail to qualify as a REMIC at any time that the Certificates are outstanding.
No transfer of a Restricted Certificate shall be made unless such transfer
is made pursuant to an effective registration statement under the Securities Act
of 1933, as amended (the "Act"), and any applicable state securities laws, in
each case as evidenced by an Officer's Certificate, or is exempt from the
registration requirements of the Act and any applicable state securities laws.
In the event of such registration, any restrictive legends set forth in the form
of the relevant Restricted Certificate in Exhibit A hereto with respect to the
Act and state securities law restrictions shall be removed by the Trustee upon
request of the Holder thereof and automatically upon exchange or registration of
transfer thereof. As a condition to any transfer that is to be made in reliance
upon an exemption from the Act and such laws of a (i) Class PO or Class S
Certificate or (ii) Restricted Junior Certificate to any person other than a QIB
(as certified by the proposed transferee in the form of assignment attached to
the related Certificate), either (x) the Trustee shall require the transferee to
execute an investment letter in the form substantially as set forth in Exhibit I
hereto or in such other form as may be acceptable to the Trustee, certifying as
to the facts surrounding such transfer, or (y) in lieu of such investment
letter, the Trustee may accept a written Opinion of Counsel (in form and
substance acceptable to the Trustee) that such proposed transfer may be made
pursuant to an exemption from the Act. As an additional condition to any
transfer of a Restricted Certificate, either (i) the transferor and the
transferee shall complete the form of assignment attached to the Certificate
proposed to be transferred, or (ii) the Trustee shall have received the
above-referenced Opinion of Counsel. The holder of any Restricted Certificate
desiring to effect the transfer thereof to a person other than a QIB shall, and
hereby agrees to, comply with any applicable conditions set forth in the
preceding two sentences and indemnify the Trustee and the Company against any
liability that may result if the transfer thereof is not so exempt or is not
made in accordance with such federal and state laws. Such agreement to so
indemnify the Trustee and the Company shall survive the termination of this
Agreement. Notwithstanding the foregoing, no Opinion of Counsel or investment
letter shall be required upon the original issuance of (i) the Restricted Junior
Certificates to the Initial Purchaser (as defined in the Private Placement
Memorandum) or its nominee and (ii) the Class PO or Class S Certificates to the
Company or upon any subsequent transfer of any Class PO or Class S Certificate
by the Company, provided that if any Restricted Junior Certificates are, at the
request of the Initial Purchaser, registered in the name of its nominee, the
Initial Purchaser shall be deemed to acknowledge and agree with the Company and
the Trustee that no transfer of a beneficial interest in such Certificates will
be made without registering such Certificates in the name of the transferee,
which shall be a Person other than such nominee. Any opinion or letter required
pursuant to this paragraph shall not be at the expense of the Trust Fund or the
Trustee.
(c) (i) No transfer of an ERISA-Restricted Certificate in the form of a
Definitive Certificate shall be made to any Person unless the Trustee has
received (A) a certificate (substantially in the form of Exhibit E or such other
form as is acceptable to the Company and the Trustee) from such transferee to
the effect that such transferee (i) is not a Plan or a Person that is using the
assets of a Plan to acquire such ERISA-Restricted Certificate or (ii) is an
insurance company investing assets of its general account and the exemptions
provided by Section III(a) of Department of Labor Prohibited Transaction Class
Exemption 95-60, 60 Fed. Reg. 35925 (July 12, 1995) (the "Exemptions") apply to
the transferee's acquisition and holding of any ERISA-Restricted Certificate or
(B) an opinion of counsel satisfactory to the Trustee and the Company to the
effect that the purchase and holding of such a Certificate will not constitute
or result in the assets of the Trust Fund being deemed to be "plan assets"
subject to the prohibited transactions provisions of ERISA or Section 4975 of
the Code and will not subject the Trustee or the Company to any obligation in
addition to those undertaken in the Agreement; provided, however, that the
Trustee will not require such certificate or opinion in the event that, as a
result of a change of law or otherwise, counsel satisfactory to the Trustee has
rendered an opinion to the effect that the purchase and holding of an
ERISA-Restricted Certificate by a Plan or a Person that is purchasing or holding
such a Certificate with the assets of a Plan will not constitute or result in a
prohibited transaction under ERISA or Section 4975 of the Code. The preparation
and delivery of the certificate and opinions referred to above shall not be an
expense of the Trust Fund, the Trustee or the Company. Notwithstanding the
foregoing, no opinion or certificate shall be required for the initial issuance
of the ERISA-Restricted Certificates.
(ii) No transfer of a Residual Certificate shall be made to any Person
unless the Trustee has received a certification (substantially in the form
of paragraph 4 of Exhibit F) from such transferee to the effect that, among
other things, such transferee is not a Plan or a Person that is using the
assets of a Plan to acquire any such Certificate. The preparation and
delivery of such certificate shall not be an expense of the Trust Fund, the
Trustee or the Company.
(d) Subject to Section 8.01(i) hereof, the Trustee may conclusively rely
upon any certificate, affidavit or opinion delivered pursuant to Section 5.02(b)
or (c). Any certificate or affidavit required to be delivered by a transferee
under this Section 5.02 may be executed and delivered in the name of such
transferee by its attorney-in-fact duly authorized in writing in form and
substance satisfactory to the Trustee.
(e) Except as to any additional Certificate of any Class of Book-Entry
Certificates held in physical certificated form pursuant to Section 5.02(g) or
any Restricted Junior Certificate of any Class of Book-Entry Certificates that
is transferred to an entity other than a QIB, the Book-Entry Certificates shall,
subject to Section 5.02(f), at all times remain registered in the name of the
Depository or its nominee and at all times: (i) registration thereof may not be
transferred by the Trustee except to another Depository; (ii) the Depository
shall maintain book-entry records with respect to the Certificate Owners and
with respect to ownership and transfers of such Certificates; (iii) ownership
and transfers of registration of the Certificates issued in book-entry form on
the books of the Depository shall be governed by applicable rules established by
the Depository and the rights of Certificate Owners with respect to Book-Entry
Certificates shall be governed by applicable law and agreements between such
Certificate Owners and the Depository, Depository Participants, and indirect
participating firms; (iv) the Depository may collect its usual and customary
fees, charges and expenses from its Depository Participants; (v) the Trustee
shall deal with the Depository, Depository Participants and indirect
participating firms as authorized representatives of the Certificate Owners of
the Certificates issued in book-entry form for all purposes including the making
of payments due on the Book-Entry Certificates and exercising the rights of
Holders under this Agreement, and requests and directions for and votes of such
representatives shall not be deemed to be inconsistent if they are made with
respect to different Certificate Owners; (vi) the Trustee may rely and shall be
fully protected in relying upon information furnished by the Depository with
respect to its Depository Participants and furnished by the Depository
Participants with respect to indirect participating firms and persons shown on
the books of such indirect participating firms as direct or indirect Certificate
Owners; (vii) Certificate Owners shall not be entitled to certificates for the
Book-Entry Certificates and (viii) the Trustee may establish a reasonable record
date in connection with solicitations of consents from or voting by
Certificateholders and give notice to the Depository of such record date.
All transfers by Certificate Owners of Book-Entry Certificates shall be
made in accordance with the procedures established by the Depository Participant
or brokerage firm representing such Certificate Owner. Each Depository
Participant shall only transfer Book-Entry Certificates of Certificate Owners it
represents or of brokerage firms for which it acts as agent in accordance with
the Depository's normal procedures. Except as provided herein, the Trustee shall
have no duty to monitor or restrict the transfer of Certificates or interests
therein, and shall have no liability for any transfer, including any transfer
made through the book-entry facilities of the Depository or between or among
Depository Participants or Certificate Owners, made in violation of applicable
restrictions set forth herein, except in the event of the failure of the Trustee
to perform its duties and fulfill its obligations under this Agreement.
(f) If (x)(i) the Company or the Depository advises the Trustee in writing
that the Depository is no longer willing, qualified or able to properly
discharge its responsibilities as Depository, and (ii) the Trustee or the
Company is unable to locate a qualified successor, (y) the Company at its option
advises the Trustee in writing that it elects to terminate the book-entry system
through the Depository or (z) after the occurrence of an Event of Default,
Certificate Owners representing not less than 51% of the aggregate Voting Rights
allocated to the Book-Entry Certificates together advise the Trustee and the
Depository through the Depository Participants in writing that the continuation
of a book-entry system through the Depository is no longer in the best interests
of the Certificate Owners, the Trustee shall notify all Certificate Owners,
through the Depository, of the occurrence of any such event and of the
availability of Definitive Certificates to Certificate Owners requesting the
same. Upon surrender to the Trustee of such Certificates by the Depository,
accompanied by registration instructions from the Depository for registration,
the Trustee shall issue the Definitive Certificates. Neither the Company nor the
Trustee shall be liable for any delay in delivery of such instructions and may
conclusively rely on, and shall be protected in relying on, such instructions.
Upon the issuance of Definitive Certificates all references herein to
obligations imposed upon or to be performed by the Depository shall be deemed to
be imposed upon and performed by the Trustee, to the extent applicable with
respect to such Definitive Certificates and the Trustee shall recognize the
Holders of the Definitive Certificates as Certificateholders hereunder.
(g) On or prior to the Closing Date, there shall be delivered to the
Depository (or to State Street Bank and Trust Company acting as custodian for
the Depository pursuant to the Depository's procedures) one certificate for each
Class of Book-Entry Certificates registered in the name of the Depository's
nominee, Cede & Co. The face amount of each such Certificate shall represent
100% of the initial Class Certificate Principal Balance thereof, except for such
amount that does not constitute an acceptable denomination to the Depository. An
additional Certificate of each Class of Book-Entry Certificates may be issued
evidencing such remainder and, if so issued, will be held in physical
certificated form by the Holders thereof. Each Certificate issued in book-entry
form shall bear the following legend:
"Unless this Certificate is presented by an authorized representative of
The Depository Trust Company, a New York corporation ("DTC"), to Issuer or its
agent for registration of transfer, exchange, or payment, and any certificate
issued is registered in the name of Cede & Co. or in such other name as
requested by an authorized representative of DTC (and any payment is made to
Cede & Co. or to such other entity as is requested by an authorized
representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner
hereof, Cede & Co., has an interest herein."
Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates. If (a) any
mutilated Certificate is surrendered to the Certificate Registrar, or the
Certificate Registrar receives evidence to its satisfaction of the destruction,
loss or theft of any Certificate and (b) there is delivered to the Company, the
Certificate Registrar and the Trustee such security or indemnity as may be
required by them to save each of them harmless, then, in the absence of notice
to the Certificate Registrar or the Trustee that such Certificate has been
acquired by a bona fide purchaser, the Trustee shall execute, countersign and
deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or
stolen Certificate, a new Certificate of like tenor, Class and Percentage
Interest. In connection with the issuance of any new Certificate under this
Section 5.03, the Trustee 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 expenses (including the fees and expenses of the Trustee and the
Certificate Registrar) connected therewith. Any duplicate Certificate issued
pursuant to this Section 5.03 shall constitute complete and indefeasible
evidence of ownership in the Trust Fund, 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 due presentation of a
Certificate for registration of transfer, the Company, the Trustee, the
Certificate Registrar and any agent of the Company, 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 Company, the Trustee, the Certificate Registrar nor any agent of
the Company, the Trustee or the Certificate Registrar shall be affected by any
notice to the contrary.
Section 5.05. Access to List of Certificateholders' Names and Addresses.
The Certificate Registrar will furnish or cause to be furnished to the Company,
within 15 days after receipt by the Certificate Registrar of request therefor
from the Company in writing, a list, in such form as the Company may reasonably
require, of the names and addresses of the Certificateholders as of the most
recent Record Date for payment of distributions to Certificateholders. If three
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 after 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 list is as of a date more than
90 days prior to the date of receipt of such applicants' request, the Trustee
shall promptly request from the Certificate Registrar a current list as provided
above, and shall afford such applicants access to such list promptly upon
receipt. Every Certificateholder, by receiving and holding a Certificate, agrees
with the Certificate Registrar and the Trustee that neither the Certificate
Registrar nor the Trustee shall be held accountable by reason of the disclosure
of any such information as to the names and addresses of the Certificateholders
hereunder, regardless of the source from which such information was derived.
Section 5.06. Representation of Certain Certificateholders. The fiduciary
of any Plan which becomes a Holder of a Certificate, by virtue of its acceptance
of such Certificate, will be deemed to have represented and warranted to the
Trustee and the Company that such Plan is an "accredited investor" as defined in
Rule 501(a)(1) of Regulation D promulgated by the Securities and Exchange
Commission under the Securities Act of 1933.
Section 5.07. Determination of COFI. (a) If the outstanding Certificates
include any COFI Certificates, then on each COFI Determination Date the Trustee
shall determine the value of COFI on the basis of the most recently available
Information Bulletin referred to in the definition of "COFI". The establishment
of COFI by the Trustee and the Trustee's subsequent calculation of the rates of
interest applicable to the COFI Certificates for each Interest Accrual Period
shall (in the absence of manifest error) be final and binding. During each
Interest Accrual Period, the Certificate Interest Rate for the COFI Certificates
for the current and immediately preceding Interest Accrual Period shall be made
available by the Trustee to Certificate Owners and Certificateholders at the
following telephone number: (617) 664-5500.
(b) The failure by the Federal Home Loan Bank of San Francisco to publish
COFI for a period of 65 calendar days will constitute an "Alternative Rate
Event" for purposes hereof. Upon the occurrence of an Alternative Rate Event,
the Company will calculate the Certificate Interest Rates for the COFI
Certificates for the subsequent Interest Accrual Periods by using, in place of
COFI, (i) the replacement index, if any, published or designated by the Federal
Home Loan Bank of San Francisco or (ii) if no replacement index is so published
or designated, an alternative index to be selected by the Company that has
performed, or that the Company expects to perform, in a manner substantially
similar to COFI. At the time an alternative index is first selected by the
Company, the Company shall determine the average number of basis points, if any,
by which the alternative index differed from COFI for such period as the
Company, in its sole discretion, reasonably determines to reflect fairly the
long-term difference between COFI and the alternative index, and shall adjust
the alternative index by such average. The Company shall select a particular
index as an alternative only if it receives an Opinion of Counsel to the effect
that the selection of such index will not cause any REMIC established hereunder
to fail to qualify as a REMIC for federal income tax purposes. In the absence of
manifest error, the selection of any alternative index as provided by this
Section 5.07(b) shall be final and binding for each subsequent Interest Accrual
Period. Upon the occurrence of an Alternative Rate Event, the Trustee shall have
no responsibility for the determination of any alternative index or the
calculation of the Certificate Interest Rates for the COFI Certificates.
(c) If at any time after the occurrence of an Alternative Rate Event the
Federal Home Loan Bank of San Francisco resumes publication of COFI, the
Certificate Interest Rates for the COFI Certificates for each Interest Accrual
Period commencing thereafter will be calculated by reference to COFI.
Section 5.08. Determination of LIBOR. (a) If the outstanding Certificates
include any LIBOR Certificates, then on each LIBOR Determination Date the
Trustee shall determine LIBOR for the related Interest Accrual Period as such
rate equal to the Interest Settlement Rate. If such rate does not appear on the
Designated Telerate Page as of 11:00 a.m., London time, on the applicable LIBOR
Determination Date:
(i) The Trustee will request the principal London office of each
Reference Bank (as defined in Section 5.08(e)) to provide such bank's
offered quotation (expressed as a percentage per annum) to prime banks in
the London interbank market for one-month U.S. Dollar deposits as of 11:00
a.m., London time, on the applicable LIBOR Determination Date.
(ii) If on any LIBOR Determination Date, two or more of the Reference
Banks provide such offered quotations, LIBOR for the next Interest Accrual
Period will be the arithmetic mean of such offered quotations (rounding
such arithmetic mean upwards, if necessary, to the nearest whole multiple
of 1/16%). If on any LIBOR Determination Date only one or none of the
Reference Banks provide such offered quotations, LIBOR for the next
Interest Accrual Period will be the rate per annum the Trustee determines
to be the arithmetic mean (rounding such arithmetic mean upwards, if
necessary, to the nearest whole multiple of 1/16%) of the one-month
Eurodollar lending rate that three major banks in New York City selected by
the Trustee are quoting as of approximately 11:00 a.m., New York City time,
on the first day of the applicable Interest Accrual Period.
(iii) If on any LIBOR Determination Date the Trustee is required but
unable to determine LIBOR in the manner provided in subparagraph (ii) of
this Section 5.08(a), LIBOR for the next Interest Accrual Period will be
LIBOR as determined on the previous LIBOR Determination Date, or, in the
case of the first LIBOR Determination Date, the Initial LIBOR Rate.
(b) The establishment of LIBOR by the Trustee and the Trustee's subsequent
calculation of the Certificate Interest Rates applicable to the LIBOR
Certificates for the relevant Interest Accrual Period, in the absence of
manifest error, will be final and binding.
(c) Within five Business Days of the Trustee's calculation of the
Certificate Interest Rates of the LIBOR Certificates, the Trustee shall furnish
to the Company by telecopy (or by such other means as the Trustee and the
Company may agree from time to time) such Certificate Interest Rates.
(d) The Trustee shall provide to Certificateholders who inquire of it by
telephone the Certificate Interest Rates of the LIBOR Certificates for the
current and immediately preceding Interest Accrual Period.
(e) As used herein, "Reference Banks" shall mean no more than four leading
banks engaged in transactions in Eurodollar deposits in the international
Eurocurrency market (i) with an established place of business in London,
England, (ii) whose quotations appear on the display designated "LIBO" on the
Reuters Monitor Money Rates Service (the "Reuters Screen LIBO Page") on the
applicable LIBOR Determination Date and (iii) which have been designated as such
by the Trustee and are able and willing to provide such quotations to the
Trustee on each LIBOR Determination Date. The Reference Banks initially shall
be: Barclay's plc, Bank of Tokyo, National Westminster Bank and Trust Company
and Bankers Trust Company. If any of the initial Reference Banks should be
removed from the Reuters Screen LIBO Page or in any other way fail to meet the
qualifications of a Reference Bank, or if such page is no longer published, the
Trustee, after consultation with the Company, shall use its best efforts to
designate alternate Reference Banks.
ARTICLE VI
THE COMPANY
Section 6.01. Liability of the Company. The Company shall be liable in
accordance herewith only to the extent of the obligations specifically imposed
upon and undertaken by the Company herein.
Section 6.02. Merger or Consolidation of, or Assumption of the Obligations
of, the Company. Any corporation into which the Company may be merged or
consolidated, or any corporation resulting from any merger, conversion or
consolidation to which the Company shall be a party, or any corporation
succeeding to the business of the Company, or any corporation, more than 50% of
the voting stock of which is, directly or indirectly, owned by General Electric
Company, or any limited partnership, the sole general partner of which is either
the Company or a corporation, more than 50% of the voting stock of which is
owned, directly or indirectly, by General Electric Company, which executes an
agreement of assumption to perform every obligation of the Company hereunder,
shall be the successor of the Company 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 6.03. Assignment. The Company may assign its rights and delegate
its duties and obligations as servicer under this Agreement; provided, that (i)
the purchaser or transferee accepting such assignment or delegation is qualified
to service mortgage loans for FNMA or FHLMC, is reasonably satisfactory to the
Trustee 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
Company as servicer hereunder from and after the date of such agreement and (ii)
each Rating Agency's rating of any Classes of Certificates in effect immediately
prior to such assignment or delegation would not be qualified, downgraded or
withdrawn as a result thereof. In the case of any such assignment or delegation,
the Company will be released from its obligations as servicer hereunder except
for liabilities and obligations as servicer incurred prior to such assignment or
delegation.
Section 6.04. Limitation on Liability of the Company and Others. Neither
the Company nor any of the directors or officers or employees or agents of the
Company shall be under any liability to the Trust Fund or the Certificateholders
for any action taken or for refraining from the taking of any action by the
Company pursuant to this Agreement, or for errors in judgment; provided,
however, that this provision shall not protect the Company or any such person
against any liability which would otherwise be imposed by reason of willful
misfeasance, bad faith or gross negligence in the performance of duties of the
Company or by reason of reckless disregard of obligations and duties of the
Company hereunder. The Company and any director or officer or employee or agent
of the Company may rely in good faith on any document of any kind prima facie
properly executed and submitted by any Person respecting any matters arising
hereunder. The Company and any director or officer or employee or agent of the
Company shall be indemnified by the Trust Fund and 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
related to any specific Mortgage Loan or Mortgage Loans (except as any such
loss, liability or expense shall be otherwise reimbursable pursuant to this
Agreement) and any loss, liability or expense incurred by reason of willful
misfeasance, bad faith or gross negligence in the performance of duties
hereunder or by reason of reckless disregard of obligations and duties
hereunder. The Company shall be under no obligation to appear in, prosecute or
defend any legal action which is not incidental to its duties to service the
Mortgage Loans in accordance with this Agreement and which in its opinion may
involve it in any expense or liability; provided, however, that the Company may
in its sole discretion undertake any such action which it may deem necessary or
desirable in respect of this Agreement, and the rights and duties of the parties
hereto and the interests of the Certificateholders hereunder. 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 Fund and the Company shall
be entitled to be reimbursed therefor from amounts credited to the Mortgage Loan
Payment Record as provided by Section 3.04.
Section 6.05. The Company Not to Resign. Subject to the provisions of
Sections 6.02 and 6.03, the Company shall not resign from the obligations and
duties hereby imposed on it except upon determination that the performance of
its duties hereunder is no longer permissible under applicable law. Any such
determination permitting the resignation of the Company shall be evidenced by an
Opinion of Counsel to such effect delivered to the Trustee. No such resignation
shall become effective until the Trustee or a successor servicer shall have
assumed the responsibilities and obligations of the Company in accordance with
Section 7.02.
ARTICLE VII
DEFAULT
Section 7.01. Events of Default. If any one of the following events
("Events of Default") shall occur and be continuing:
(i) Any failure by the Company to make any payment to the Trustee of
funds pursuant to Section 3.02(d) out of which distributions to
Certificateholders of any Class are required to be made under the terms of
the Certificates and this Agreement which failure continues unremedied for
a period of three Business Days after the date upon which written notice of
such failure shall have been given to the Company by the Trustee or to the
Company and the Trustee by Holders of Certificates of each Class affected
thereby evidencing, as to each such Class, Percentage Interests aggregating
not less than 25%; or
(ii) Failure on the part of the Company duly to observe or perform in
any material respect any other covenants or agreements of the Company set
forth in the Certificates or in this Agreement, which covenants and
agreements (A) materially affect the rights of Certificateholders and (B)
continue 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 Company by the Trustee, or to the Company and the Trustee by
the Holders of Certificates of each Class affected thereby evidencing, as
to each such Class, Percentage Interests aggregating not less than 25%; or
(iii) The entry of a decree or order by a court or agency or
supervisory authority having jurisdiction in the premises for the
appointment of a conservator, receiver or liquidator in any insolvency,
readjustment of debt, marshalling of assets and liabilities or similar
proceedings of or relating to the Company, or for the winding up or
liquidation of the Company's affairs, and the continuance of any such
decree or order unstayed and in effect for a period of 60 consecutive days;
or
(iv) The consent by the Company to the appointment of a conservator or
receiver or liquidator in any insolvency, readjustment of debt, marshalling
of assets and liabilities or similar proceedings of or relating to the
Company or of or relating to substantially all of its property; or the
Company 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 or reorganization statute, make an assignment for the benefit of
its creditors, or voluntarily suspend payment of its obligations;
then, and in each and every such case, so long as an Event of Default shall not
have been remedied by the Company, either the Trustee, or the Holders of
Certificates of each Class affected thereby evidencing, as to each such Class,
Percentage Interests aggregating not less than 51%, by notice then given in
writing to the Company (and to the Trustee if given by the Certificateholders)
may terminate all of the rights and obligations of the Company as servicer under
this Agreement. On or after the receipt by the Company of such written notice,
all authority and power of the Company 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 7.01; and,
without limitation, the Trustee is hereby authorized and empowered to execute
and deliver, on behalf of the Company, 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 of the Mortgage
Loans and related documents, or otherwise, including, without limitation, the
recordation of the assignments of the Mortgage Loans to it. The Company agrees
to cooperate with the Trustee in effecting the termination of the
responsibilities and rights of the Company hereunder, including, without
limitation, the transfer to the Trustee for the administration by it of all cash
amounts that shall at the time be held by the Company and that have been or
should have been credited by it to the Mortgage Loan Payment Record, or that
have been deposited by the Company in the Certificate Account or are thereafter
received by the Company with respect to the Mortgage Loans. In addition to any
other amounts which are then, or, notwithstanding the termination of its
activities as servicer, may become, payable to the Company under this Agreement,
the Company shall be entitled to receive out of any delinquent payment on
account of interest on a Mortgage Loan, due during the period prior to the
notice pursuant to this Section 7.01 which terminates the obligation and rights
of the Company hereunder and received after such notice, that portion of such
payment which it would have been entitled to retain pursuant to Section 3.04(vi)
if such notice had not been given.
Section 7.02. Trustee to Act; Appointment of Successor. (a) On and after
the time the Company receives a notice of termination pursuant to Section 7.01,
the Trustee shall be the successor in all respects to the Company in its
capacity as servicer under this Agreement and the transactions set forth or
provided for herein and shall succeed to all the rights of and be subject to all
the responsibilities, duties and liabilities relating thereto placed on the
Company in its capacity as servicer by the terms and provisions hereof;
provided, however, that the responsibilities and duties of the Company pursuant
to Sections 2.02 and 2.03(a) and, if the Trustee is prohibited by law or
regulation from making Monthly Advances, the responsibility to make Monthly
Advances pursuant to Section 4.04, shall not be the responsibilities, duties or
obligations of the Trustee; and provided further, that any failure of the
Trustee to perform such duties and responsibilities that is caused by the
Company's failure to cooperate with the Trustee as required by Section 7.01
shall not be considered a default by the Trustee hereunder. As compensation
therefor, the Trustee shall, except as provided in Section 7.01, be entitled to
such compensation as the Company would have been entitled to hereunder if no
such notice of termination had been given. Notwithstanding the above, the
Trustee may, if it shall be unwilling so to act, or shall, if it is legally
unable so to act, appoint, or petition a court of competent jurisdiction to
appoint, any established housing and home finance institution approved to
service mortgage loans for either FNMA or FHLMC, having a net worth of not less
than $10,000,000, as the successor to the Company hereunder in the assumption of
all or any part of the responsibilities, duties or liabilities of the Company
hereunder. Pending appointment of a successor to the Company pursuant to this
Article VII, unless the Trustee is prohibited by law from so acting, the Trustee
shall act in such capacity as hereinabove provided. In connection with such
appointment and assumption, the Trustee may make such arrangements for the
compensation of such successor out of payments on Mortgage Loans as it and such
successor shall agree; provided, however, that no such compensation shall be in
excess of that permitted the Company hereunder. The Trustee and such successor
shall take such action, consistent with this Agreement, as shall be necessary to
effectuate any such succession.
(b) Any successor, including the Trustee, to the Company as servicer
pursuant to this Article VII shall during the term of its service as servicer
maintain in force (i) a policy or policies of insurance covering errors and
omissions in the performance of its obligations as servicer hereunder, and (ii)
a fidelity bond in respect of its officers, employees and agents to the same
extent as the Company is so required pursuant to Section 3.15.
Section 7.03. Notification to Certificateholders. Upon any termination or
appointment of a successor to the Company pursuant to this Article VII, the
Trustee shall give prompt written notice thereof to Certificateholders at their
respective addresses appearing in the Certificate Register.
ARTICLE VIII
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. If an Event of Default has occurred
(which has not been cured), the Trustee shall exercise such of the rights and
powers vested in it by this Agreement, and use the same degree of care and skill
in their exercise, as a prudent person would exercise or use under the
circumstances in the conduct of his or her 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
conform to the requirements of this Agreement.
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 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 for an error of
judgment made in good faith by a Responsible Officer of the Trustee, unless
it shall be proved that the Trustee was negligent in performing its duties
in accordance with the terms of this Agreement;
(iii) 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 the Holders of Certificates of each Class
affected thereby evidencing, as to each such Class, Percentage Interests
aggregating not less than 25%, 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
(iv) The Trustee shall not be charged with knowledge of (A) any
failure by the Company to comply with the obligations of the Company
referred to in clauses (i) and (ii) of Section 7.01, (B) the rating
downgrade referred to in the definition of "Trigger Event" or (C) any
failure by the Company to comply with the obligations of the Company to
record the assignments of Mortgages referred to in Section 2.01 unless a
Responsible Officer of the Trustee at the Corporate Trust Office obtains
actual knowledge of such failures, occurrence or downgrade or the Trustee
receives written notice of such failures, occurrence or downgrade from the
Company or the Holders of Certificates of each Class affected thereby
evidencing, as to each such Class, Percentage Interests aggregating not
less than 25%.
Subject to any obligation of the Trustee to make Monthly Advances as
provided herein, the Trustee shall not be required to expend or risk its own
funds or otherwise incur 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 the repayment of such funds or adequate
indemnity against such risk or liability is not reasonably assured to it, and
none of the provisions contained in this Agreement shall in any event require
the Trustee to perform, or be responsible for the manner of performance of, any
of the obligations of the Company under this Agreement, except during such time,
if any, as the Trustee shall be the successor to, and be vested with the rights,
duties, powers and privileges of, the Company in accordance with the terms of
this Agreement.
Section 8.02. Certain Matters Affecting the Trustee. Except as otherwise
provided in Section 8.01:
(i) The Trustee may conclusively rely and shall be protected in acting
or refraining from acting upon any resolution, Officer's 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;
(ii) The Trustee may consult with counsel and 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 Opinion of Counsel;
(iii) The Trustee shall be under no obligation to exercise any of the
rights or powers vested in it by this Agreement, or to institute, conduct
or defend any litigation hereunder or in relation hereto, at the request,
order or direction of any of the Certificateholders, pursuant to the
provisions of this Agreement, unless such Certificateholders shall have
offered to the Trustee reasonable security or indemnity against the costs,
expenses and liabilities which may be incurred therein or thereby; nothing
contained herein shall, however, relieve the Trustee of the obligations,
upon the occurrence of an Event of Default (which has not been cured), to
exercise such of the rights and powers vested in it by this Agreement, and
to use the same degree of care and skill in their exercise as a prudent
person would exercise or use under the circumstances in the conduct of his
or her own affairs;
(iv) 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;
(v) Prior to the occurrence of an Event of Default 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, approval, bond or other paper or
documents, unless requested in writing so to do by Holders of Certificates
of each Class affected thereby evidencing, as to each such Class,
Percentage Interests aggregating not less than 25%; 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 cost, expense or
liability as a condition to such proceeding. The reasonable expense of
every such investigation shall be paid by the Company or, if paid by the
Trustee, shall be reimbursed by the Company upon demand. Nothing in this
clause (v) shall derogate from the obligation of the Company to observe any
applicable law prohibiting disclosure of information regarding the
Mortgagors; and
(vi) 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 or a custodian.
Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans. The
recitals contained herein and in the Certificates (other than the signature and
countersignature of the Trustee on the Certificates) shall be taken as the
statements of the Company, and the Trustee assumes no responsibility for the
correctness of the same. The Trustee makes no representations as to the validity
or sufficiency of this Agreement or of the Certificates (other than the
signature and countersignature of the Trustee on the Certificates) or of any
Mortgage Loan or related document. The Trustee shall not be accountable for the
use or application by the Company of any of the Certificates or of the proceeds
of such Certificates, or for the use or application of any funds paid to the
Company in respect of the Mortgage Loans or deposited in or withdrawn from the
Certificate Account by the Company.
Section 8.04. Trustee May Own Certificates. The Trustee in its individual
or any other capacity may become the owner or pledgee of Certificates with the
same rights as it would have if it were not Trustee.
Section 8.05. The Company to Pay Trustee's Fees and Expenses. The Company
covenants and agrees to pay to the Trustee from time to time, and the Trustee
shall be entitled to, 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 Company will pay or reimburse the Trustee upon its request
for all reasonable expenses, disbursements and advances (including any Monthly
Advances of the Trustee not previously reimbursed thereto pursuant to Section
3.04) incurred or made by the Trustee 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 or which is the responsibility of Certificateholders
hereunder. In addition, the Company covenants and agrees to indemnify the
Trustee from, and hold it harmless against, any and all losses, liabilities,
damages, claims or expenses other than those resulting from the negligence or
bad faith of the Trustee. From time to time, the Trustee may request that the
Company debit the Mortgage Loan Payment Record pursuant to Section 3.04 to
reimburse the Trustee for any Monthly Advances and Nonrecoverable Advances.
Section 8.06. Eligibility Requirements for Trustee. The Trustee hereunder
shall at all times be a corporation having its principal office either in the
State of New York or in the same state as that in which the initial Trustee
under this Agreement has its principal office and 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 and subject to supervision or examination by
federal or state authority. If such corporation 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 8.06,
the combined capital and surplus of such corporation shall be deemed to be its
combined capital and surplus as set forth in its most recent report of condition
so published. The Trustee shall not be an affiliate of the Company. In case at
any time the Trustee shall cease to be eligible in accordance with the
provisions of this Section 8.06, the Trustee shall resign immediately in the
manner and with the effect specified in Section 8.07.
Section 8.07. Resignation or Removal of Trustee. The Trustee may at any
time resign and be discharged from the trusts hereby created by giving written
notice thereof to the Company. Upon receiving such notice of resignation, the
Company shall promptly appoint a successor Trustee by written instrument, in
duplicate, one copy of which instrument shall be delivered to the resigning
Trustee and one copy to the successor Trustee. If no successor Trustee shall
have been so appointed and having 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 the conditions in any of the following clauses (i), (ii) or (iii) shall
occur at any time, the Company may remove the Trustee: (i) the Trustee shall
cease to be eligible in accordance with the provisions of Section 8.06 and shall
fail to resign after written request therefor by the Company; (ii) the Trustee
shall be legally unable to act, or shall be adjudged a bankrupt or insolvent, or
a receiver of the Trustee or of its property shall be appointed, or any public
officer shall take charge or control of the Trustee or of its property or
affairs for the purpose of rehabilitation, conservation or liquidation; or (iii)
the replacement of the Trustee with a successor Trustee will enable the Company
to avoid (and should, based on the information included in the notice referred
to below, result in the avoidance of) a downgrading of the ratings assigned to
the Certificates by the Rating Agencies (whether or not other actions could
avoid such downgrading) and no Event of Default, as provided by Section 7.01
hereof, shall have occurred or be continuing; provided, however, that no action
shall be taken pursuant to this clause (iii) unless reasonable notice shall have
been provided to the Trustee, which notice shall set forth the basis for any
rating downgrade as contemplated by the Rating Agencies and shall also indicate
the manner in which such proposed action is intended to avoid such downgrade. If
it removes the Trustee under the authority of the immediately preceding
sentence, the Company shall promptly 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.
Any resignation or removal of the Trustee and appointment of a successor
Trustee pursuant to any of the provisions of this Section 8.07 shall not become
effective until acceptance of appointment by the successor Trustee as provided
in Section 8.08.
Section 8.08. Successor Trustee. Any successor Trustee appointed as
provided in Section 8.07 shall execute, acknowledge and deliver to the Company
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 Trustee, without any further act, deed
or conveyance, 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. The predecessor Trustee shall deliver to the successor Trustee
all Mortgage Files and related documents and statements held by it hereunder;
and the Company and the predecessor Trustee shall execute and deliver such
instruments and do such other things as may reasonably be required for fully and
certainly vesting and confirming in the successor Trustee all such rights,
powers, duties and obligations.
No successor Trustee shall accept appointment as provided in this Section
8.08 unless at the time of such acceptance such successor Trustee shall be
eligible under the provisions of Section 8.06.
Upon acceptance of appointment by a successor Trustee as provided in this
Section 8.08, the Company 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 Company fails to mail such notice within 10 days
after acceptance of appointment by the successor Trustee, the successor Trustee
shall cause such notice to be mailed at the expense of the Company.
Section 8.09. Merger or Consolidation of Trustee. Any corporation into
which the Trustee 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 Trustee shall be a party, or any corporation
succeeding to the corporate trust business of the Trustee, shall be the
successor of the Trustee hereunder, provided that such corporation shall be
eligible under the provisions of Section 8.06, 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 8.10. Appointment of Co-Trustee or Separate Trustee.
Notwithstanding any other provisions of this Agreement, at any time, for the
purpose of meeting any legal requirements of any jurisdiction in which any part
of the Trust Fund or property securing any Mortgage Note may at the time be
located, the Company and the Trustee acting jointly shall have the power and
shall execute and deliver all instruments to appoint one or more Persons
approved by the Trustee to act as co-trustee or co-trustees, jointly with the
Trustee, of all or any part of the Trust Fund, or separate trustee or separate
trustees of any part of the Trust Fund, and to vest in such Person or Persons,
in such capacity and for the benefit of the Certificateholders, such title to
the Trust Fund, or any part thereof, and, subject to the other provisions of
this Section 8.10, such powers, duties, obligations, rights and trusts as the
Company and the Trustee may consider necessary or desirable. If the Company
shall not have joined in such appointment within 15 days after the receipt by it
of a request so to do, or in case an Event of Default shall have occurred and be
continuing, the Trustee alone shall have the power to make such appointment. No
co-trustee or separate trustee hereunder shall be required to meet the terms of
eligibility as a successor trustee under Section 8.06 and no notice to
Certificateholders of the appointment of any co-trustee or separate trustee
shall be required under Section 8.08.
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 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
(it being understood that such separate trustee or co-trustee is not
authorized to act separately without the Trustee joining in such act),
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 Company 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
Fund or any portion thereof in any such jurisdiction) shall be exercised
and performed singly by such separate trustee or co-trustee, but solely at
the direction of the Trustee;
(ii) No trustee hereunder shall be held personally liable by reason of
any act or omission of any other trustee hereunder; and
(iii) The Company and the Trustee acting jointly may at any time
accept the resignation of or remove any separate trustee or co-trustee.
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 or co-trustee shall refer to this Agreement and the conditions
of this Article VIII. 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 filed with the Trustee and a copy thereof given to the
Company.
Any separate trustee or co-trustee 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.
Section 8.11. Compliance with REMIC Provisions; Tax Returns. The Trustee
shall at all times act in such a manner in the performance of its duties
hereunder as shall be necessary to prevent the Trust Fund from failing to
qualify as a REMIC and to prevent the imposition of a tax on the Trust Fund or
the REMIC established hereunder. The Trustee, upon request, will furnish the
Company with all such information within its possession as may be reasonably
required in connection with the preparation of all tax returns of the Trust Fund
and any Reserve Fund, and shall, upon request, execute such returns.
ARTICLE IX
TERMINATION
Section 9.01. Termination upon Repurchase by the Company or Liquidation of
All Mortgage Loans. Subject to Section 9.02, the respective obligations and
responsibilities of the Company and the Trustee created hereby (other than the
obligation of the Trustee to make certain payments to Certificateholders after
the final Distribution Date and the obligation of the Trustee to send certain
notices as hereinafter set forth) 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 (a) the repurchase by the Company of all
Mortgage Loans and all REO Mortgage Loans remaining in the Trust Fund at a price
equal to the sum of (x) 100% of the unpaid principal balance of each Mortgage
Loan (other than any REO Mortgage Loans described in the following clause) as of
the first day of the month in which such purchase price is to be distributed to
Certificateholders plus accrued and unpaid interest thereon at the applicable
Net Mortgage Rate (less any amounts constituting previously unreimbursed Monthly
Advances) to the first day of the month in which such purchase price is to be
distributed to Certificateholders and (y) the appraised value of any REO
Mortgage Loan (less the good faith estimate of the Company of Liquidation
Expenses to be incurred in connection with its disposal thereof), such appraisal
to be conducted by an appraiser mutually agreed upon by the Company and the
Trustee, and (b) the later of the final payment or other liquidation (or any
Monthly Advance with respect thereto) of the last Mortgage Loan remaining in the
Trust Fund or the disposition of all property acquired upon foreclosure or by
deed in lieu of foreclosure of any Mortgage Loan; provided, however, that in no
event shall the Trust Fund 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 of America to the Court of St.
James's, living on the date of this Agreement. The right of the Company to
repurchase all Mortgage Loans pursuant to clause (a) above shall be conditioned
upon the aggregate of the Scheduled Principal Balance of the Outstanding
Mortgage Loans, at the time of any such repurchase, aggregating less than 10
percent of the aggregate of the Scheduled Principal Balance of the Mortgage
Loans as of the Cut-off Date.
Notice of any termination, specifying the 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
Trustee by letter to Certificateholders mailed not earlier than the 15th day and
not later than the 25th day of the month next preceding the month of such final
distribution specifying (A) the Distribution Date upon which final payment of
the Certificates will be made upon presentation and surrender of the
Certificates at the office 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 only upon presentation
and surrender of the Certificates at the office of the Trustee therein
specified. The Trustee shall give such notice to the Certificate Registrar at
the time such notice is given to Certificateholders. In the event such notice is
given in connection with the exercise by the Company of its right of repurchase,
the Company shall deposit in the Certificate Account not later than 11:00 a.m.
on the Business Day prior to the final Distribution Date in next-day funds an
amount equal to the price described above. Upon presentation and surrender of
the Certificates, the Trustee shall cause to be distributed to
Certificateholders an amount equal to the price calculated as above provided,
any such repurchase being in lieu of the distribution otherwise required to be
made on the Distribution Date upon which the repurchase is effected. Upon
certification to the Trustee by a Servicing Officer following such final
deposit, the Trustee shall promptly release to the Company the Mortgage Files
for the repurchased Mortgage Loans.
On the final Distribution Date, the Trustee shall distribute amounts on
deposit in the Certificate Account and, if applicable, in any Rounding Account,
in accordance with the applicable priorities and uses provided by Sections 4.01
and 4.10. Distributions on each Certificate shall be made on the final
Distribution Date in the manner specified in Section 4.02 but only upon
presentation and surrender of the Certificates.
In the event that all of the Certificateholders shall not surrender their
Certificates for cancellation within six months after the date specified in the
above-mentioned written notice, the Trustee 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
one year 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 and other assets which remain subject
hereto.
Section 9.02. Additional Termination Requirements. (a) In the event the
Company exercises its purchase option as provided in Section 9.01, the Trust
Fund and the REMIC established hereunder shall be terminated in accordance with
the following additional requirements, unless the Trustee has been supplied with
an Opinion of Counsel to the effect that the failure to comply with the
requirements of this Section 9.02 will not (i) result in the imposition of taxes
on "prohibited transactions" of such REMIC as defined in section 860F of the
Code, or (ii) cause the Trust Fund to fail to qualify as a REMIC at any time
that any Certificates are outstanding:
(i) Within 90 days prior to the final Distribution Date set forth in
the notice given by the Trustee under Section 9.01, the Company shall
prepare and the Trustee shall execute and adopt a plan of complete
liquidation for such REMIC within the meaning of section 860F(a)(4)(A)(i)
of the Code, which shall be evidenced by such notice; and
(ii) Within 90 days after the time of adoption of such a plan of
complete liquidation, the Trustee shall sell all of the assets of the Trust
Fund to the Company for cash in accordance with Section 9.01.
(b) By their acceptance of the Residual Certificates, the Holders thereof
hereby authorize the Trustee to adopt such a plan of complete liquidation which
authorization shall be binding on all successor Holders of the Residual
Certificates.
(c) On the final federal income tax return for the REMIC established
hereunder, the Trustee will attach a statement specifying the date of the
adoption of the plan of liquidation.
ARTICLE X
MISCELLANEOUS PROVISIONS
Section 10.01. Amendment. This Agreement may be amended from time to time
by the Company and the Trustee, without the consent of any of the
Certificateholders, to cure any ambiguity, to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein, or to surrender any right or power herein conferred
upon the Company, or to add any other provisions with respect to matters or
questions arising under this Agreement, which shall not be materially
inconsistent with the provisions of this Agreement; provided, however, that such
action shall not, as evidenced by an Opinion of Counsel, adversely affect in any
material respect the interests of any Certificateholder. Notwithstanding the
foregoing, without the consent of the Certificateholders, the Trustee and the
Company may at any time and from time to time amend this Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
or appropriate to maintain the qualification of the Trust Fund as a REMIC under
the Code or to avoid or minimize the risk of the imposition of any tax on the
Trust Fund pursuant to the Code that would be a claim against the Trust Fund at
any time prior to the final redemption of the Certificates, provided that the
Trustee has obtained an opinion of independent counsel (which opinion also shall
be addressed to the Company) to the effect that such action is necessary or
appropriate to maintain such qualification or to avoid or minimize the risk of
the imposition of such a tax.
This Agreement may also be amended from time to time by the Company and the
Trustee with the consent of Holders of Certificates evidencing (i) not less than
66% of the Voting Rights of all the Certificates or (ii) Percentage Interests
aggregating not less than 66% of each Class affected by such amendment, for the
purpose of adding any provisions to or changing in any manner or eliminating any
of the provisions of this Agreement, or of modifying in any manner the rights of
the Holders of Certificates; provided, however, that no such amendment shall (a)
reduce in any manner the amount of, or delay the timing of, collections of
payments on the Mortgage Loans or distributions which are required to be made on
any Certificate without the consent of the Holder of such Certificate, (b)
adversely affect in any material respects the interests of the Holders of any
Class of Certificates in any manner other than as described in (a), without the
consent of the Holders of Certificates evidencing Percentage Interests
aggregating not less than 66% of such Class, or (c) reduce the aforesaid
percentages of Certificates of any Class required to consent to any such
amendment, without the consent of the Holders of all Certificates of such Class
then outstanding. For purposes of this paragraph, references to "Holder" or
"Holders" shall be deemed to include, in the case of any Class of Book-Entry
Certificates, the related Certificate Owners.
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 the Trust Fund to tax or cause the Trust Fund to fail to qualify as a
REMIC at any time that any Certificates are outstanding.
Promptly after the execution of any such amendment or consent 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 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
requirements as the Trustee may prescribe.
Section 10.02. Recordation of Agreement. 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
Company and at its expense on direction by the Trustee, but only upon direction
of the Trustee accompanied by an Opinion of Counsel to the effect that such
recordation materially and beneficially affects the interests of
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 Fund, nor entitle such Certificateholder's legal
representatives or heirs to claim an accounting or to take any action or
commence any proceeding in any court for a partition or winding up of the Trust
Fund, nor otherwise affect the rights, obligations and liabilities of the
parties hereto or any of them.
No Certificateholder shall have any right to vote (except as provided in
Section 10.01) or in any manner otherwise control the operation and management
of the Trust Fund, 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 shall have any right by virtue or by availing itself
of any provisions 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 of each Class affected thereby evidencing, as to each
such Class, Percentage Interests aggregating not less than 25% 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 costs, 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 itself or themselves of any provisions of this
Agreement to affect, disturb or prejudice the rights of the Holders of any other
of the 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 equal, ratable and common benefit of
all Certificateholders. For the protection and enforcement of the provisions of
this Section 10.03, 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. 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 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 mail, return receipt requested, (a) in the
case of the Company, to GE Capital Mortgage Services, Inc., 3 Executive Campus,
Cherry Hill, New Jersey 08002, Attention: General Counsel, (b) in the case of
the Trustee, to State Street Bank and Trust Company, Corporate Trust Department,
225 Franklin Street, Boston, Massachusetts 02110, (c) in the case of Fitch, to
Fitch IBCA, Inc., One State Street Plaza, New York, New York 10004, Attention:
Structured Finance Surveillance, and (d) in the case of S&P, Standard and Poor's
Ratings Services, 26 Broadway, 10th Floor, New York, New York 10004, Attention:
Residential Mortgage Surveillance, or, as to each such Person, at such other
address as shall be designated by such Person in a written notice to each other
named Person. Any notice required or permitted to be mailed to a
Certificateholder shall be given by first class mail, postage prepaid, at the
address of such Holder as shown in the Certificate Register. Any notice so
mailed within the time prescribed in this Agreement shall be conclusively
presumed to have been duly given, whether or not the Certificateholder receives
such notice.
Section 10.06. Notices to the Rating Agencies. The Company shall deliver
written notice of the following events to each Rating Agency promptly following
the occurrence thereof: material amendment to this Agreement; any Event of
Default; any Trigger Event; change in or termination of the Trustee; removal of
the Company or any successor servicer as servicer; repurchase or replacement of
any Defective Mortgage Loan pursuant to Section 2.03; and final payment to
Certificateholders. In addition, the Company shall deliver copies of the
following documents to each Rating Agency at the time such documents are
required to be delivered pursuant to this Agreement: monthly statements to
Certificateholders pursuant to Section 4.05, annual report of independent
accountants pursuant to Section 3.13 and annual servicer compliance report
pursuant to Section 3.12. Notwithstanding the foregoing, the failure to deliver
such notices or copies shall not constitute an Event of Default under this
Agreement.
Section 10.07. 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 to the extent permitted by law 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 10.08. Certificates Nonassessable and Fully Paid. It is the
intention of the Trustee that Certificateholders shall not be personally liable
for obligations of the Trust Fund, that the beneficial ownership interests
represented by the Certificates shall be nonassessable for any losses or
expenses of the Trust Fund or for any reason whatsoever, and that Certificates
upon execution, countersignature and delivery thereof by the Trustee are and
shall be deemed fully paid.
* * *
<PAGE>
IN WITNESS WHEREOF, the Company and the Trustee have caused this Agreement
to be duly executed by their respective officers and their respective seals,
duly attested, to be hereunto affixed, all as of the day and year first above
written.
GE CAPITAL MORTGAGE SERVICES, INC.
By: _____________________________
Name:
Title:
[SEAL]
Attest:
By: _________________________
Name:
Title:
STATE STREET BANK AND
TRUST COMPANY,
as Trustee
By: _____________________________
Name:
Title:
[SEAL]
Attest:
By: _________________________
Name:
Title:
<PAGE>
State of New Jersey )
) ss.:
County of Camden )
On the day of June, 1999 before me, a notary public in and for the State of
New Jersey, personally appeared _____________________________, known to me who,
being by me duly sworn, did depose and say that he/she resides at
___________________________; that he/she is a(n) _________________________ of GE
Capital Mortgage Services, Inc., a corporation formed under the laws of the
State of New Jersey, one of the parties that executed the foregoing instrument;
that he/she knows the seal of said corporation; that the seal affixed to said
instrument is such corporate seal; that it was so affixed by order of the Board
of Directors of said corporation; and that he/she signed his/her name thereto by
like order.
__________________________________
Notary Public
[Notarial Seal]
<PAGE>
The Commonwealth of Massachusetts )
) ss.:
County of Suffolk )
On the day of June, 1999 before me, a notary public in and for the
Commonwealth of Massachusetts, personally appeared ____________________, known
to me who, being by me duly sworn, did depose and say that he/she resides at
__________________
_____________________________________________________________; that he/she is
a(n) __________________________________ of State Street Bank and Trust Company,
one of the parties that executed the foregoing instrument; that he/she knows the
seal of said Bank; that the seal affixed to said instrument is such corporate
seal; that it was so affixed by order of the Board of Directors of said Bank;
and that he/she signed his/her name thereto by order of the Board of Directors
of said Bank.
----------------------------------
Notary Public
[Notarial Seal]
<PAGE>
EXHIBIT A
FORMS OF CERTIFICATES
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A1 Certificate
Principal Balance:
Class A1 $40,926,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R2R5
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A1 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Mortgage Pass-Through Certificates, Series 1999-13, issued
in twenty-six Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class A16, Class A17, Class R, Class PO, Class S, Class M,
Class B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. 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 herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.
No transfer of any Class M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan or a
Person that is purchasing or holding such Certificate with the assets of a Plan
will not constitute or result in a prohibited transaction under ERISA or Section
4975.
No transfer of any Class R Certificate shall be made to any Person unless
the Trustee has received a certificate from such transferee to the effect that,
among other things, such transferee (x) is not an employee benefit plan subject
to ERISA or a Plan or a Person that is using the assets of a Plan to acquire any
such Class R Certificate or (y) is an insurance company investing assets of its
general account and the Exemption applies to such transferee's acquisition and
holding of any such Class R Certificate.
As provided in the Agreement, and subject to certain limitations therein
set forth, the transfer of this Certificate is registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, 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 the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in 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 the same Class of authorized denominations
evidencing the same 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 may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of 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 Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by 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 under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By: _________________________
Name:
Title:
Countersigned:
By _________________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated: __________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(Please print or typewrite name and address
including postal zip code of assignee)
- --------------------------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
Dated: _____________
_____________________________________
Signature by or on behalf of assignor
______________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or broker of
the signatory who is a member of a signature guarantee medallion program.
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A2 Certificate
Principal Balance:
Class A2 $14,475,476
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R2S3
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A2 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A3 Certificate
Principal Balance:
Class A3 $47,710,557
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R2T1
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A3 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A4 Certificate
Principal Balance:
Class A4 $4,053,134
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R2U8
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A4 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A5 Certificate
Principal Balance:
Class A5 $2,551,890
Certificate Interest Initial Certificate Principal
Rate per annum: 7.0% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R2V6
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A5 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A6 Certificate
Principal Balance:
Class A6 $4,712,416
Certificate Interest Initial Certificate Principal
Rate per annum: 7.0% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R2W4
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A6 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A7 Certificate
Principal Balance:
Class A7 $2,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 7.0% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R2X2
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A7 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A8 Certificate
Principal Balance:
Class A8 $29,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 7.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R2Y0
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A8 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A9 Certificate
Principal Balance:
Class A9 $138,655,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.0% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R2Z7
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A9 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A10 Certificate
Principal Balance:
Class A10 $29,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3A1
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A10 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A11 Certificate
Principal Balance:
Class A11 $100,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 7.0% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP:36157R3B9
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A11 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A12 Certificate
Principal Balance:
Class A12 $20,707,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3C7
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A12 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A13 Certificate
Principal Balance:
Class A13 $3,448,000
Certificate Interest Initial Certificate Principal
Rate per annum: 7.0% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3D5
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A13 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A14 Certificate
Principal Balance:
Class A14 $676,358
Certificate Interest Initial Certificate Principal
Rate per annum: Balance of this Certificate:
non-interest bearing $
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3E3
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A14 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A15 Certificate
Principal Balance:
Class A15 $4,204,000
Certificate Interest Initial Certificate Principal
Rate per annum: 7.0% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3F0
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A14 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A16 Certificate
Principal Balance:
Class A16 $1,140,642
Certificate Interest Initial Certificate Principal
Rate per annum: 7.0% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3G8
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A16 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A17 Certificate
Principal Balance:
Class A17 $33,845,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.0% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3H6
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
A17 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class M Certificate
Principal Balance:
Class M $10,483,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3K9
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
M Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Mortgage Pass-Through Certificates, Series 1999-13, issued
in twenty-six Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class A16, Class A17, Class R, Class PO, Class S, Class M,
Class B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. 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 herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.
No transfer of any Class M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan or a
Person that is purchasing or holding such Certificate with the assets of a Plan
will not constitute or result in a prohibited transaction under ERISA or Section
4975.
No transfer of any Class R Certificate shall be made to any Person unless
the Trustee has received a certificate from such transferee to the effect that,
among other things, such transferee (x) is not an employee benefit plan subject
to ERISA or a Plan or a Person that is using the assets of a Plan to acquire any
such Class R Certificate or (y) is an insurance company investing assets of its
general account and the Exemption applies to such transferee's acquisition and
holding of any such Class R Certificate.
As provided in the Agreement, and subject to certain limitations therein
set forth, the transfer of this Certificate is registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, 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 the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in 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 the same Class of authorized denominations
evidencing the same 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 may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of 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 Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by 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 under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By: _________________________
Name:
Title:
Countersigned:
By _________________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:______________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(Please print or typewrite name and address
including postal zip code of assignee)
- --------------------------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Dated:______________
_____________________________________
Signature by or on behalf of assignor
______________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or broker of
the signatory who is a member of a signature guarantee medallion program.
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B1 Certificate
Principal Balance:
Class B1 $3,737,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3L7
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
B1 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B2 Certificate
Principal Balance:
Class B2 $2,242,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3M5
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
B2 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY
STATE OF THE UNITED STATES ("BLUE SKY LAWS"), AND SUCH CERTIFICATE MAY NOT BE
OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (A) TO A PERSON WHOM
THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE
MEANING OF RULE 144A UNDER THE SECURITIES ACT IN A TRANSACTION MEETING THE
REQUIREMENTS OF RULE 144A, (B) PURSUANT TO AN EXEMPTION FROM REGISTRATION
PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (C) TO AN
INSTITUTIONAL ACCREDITED INVESTOR AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7)
OF REGULATION D UNDER THE SECURITIES ACT, IN EACH CASE IN A TRANSACTION EXEMPT
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
ANY APPLICABLE BLUE SKY LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY
OF THE EXEMPTION PROVIDED BY RULE 144 FOR RESALES OF THIS CERTIFICATE.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B3 Certificate
Principal Balance:
Class B3 $2,491,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3N3
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
B3 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Mortgage Pass-Through Certificates, Series 1999-13, issued
in twenty-six Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class A16, Class A17, Class R, Class PO, Class S, Class M,
Class B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. 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 herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.
No transfer of any Class M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan or a
Person that is purchasing or holding such Certificate with the assets of a Plan
will not constitute or result in a prohibited transaction under ERISA or Section
4975.
No transfer of any Class R Certificate shall be made to any Person unless
the Trustee has received a certificate from such transferee to the effect that,
among other things, such transferee (x) is not an employee benefit plan subject
to ERISA or a Plan or a Person that is using the assets of a Plan to acquire any
such Class R Certificate or (y) is an insurance company investing assets of its
general account and the Exemption applies to such transferee's acquisition and
holding of any such Class R Certificate.
As provided in the Agreement, and subject to certain limitations therein
set forth, the transfer of this Certificate is registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, 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 the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in 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 the same Class of authorized denominations
evidencing the same 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 may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of 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 Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by 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 under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By: _________________________
Name:
Title:
Countersigned:
By ___________________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:______________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(Please print or typewrite name and address
including postal zip code of assignee)
- --------------------------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Dated:______________
_____________________________________
Signature by or on behalf of assignor
______________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or broker of
the signatory who is a member of a signature guarantee medallion program.
<PAGE>
In connection with any transfer of this Certificate, the undersigned
registered holder hereof confirms that without utilizing any general
solicitation or general advertising:
(Check One) -
|_| (a) This Certificate is being transferred by the
undersigned to a person whom the undersigned reasonably believes
is a "qualified institutional buyer" (as defined in Rule 144A
under the Securities Act of 1933, as amended) pursuant to the
exemption from registration under the Securities Act of 1933, as
amended, provided by Rule 144A thereunder.
|_| (b) This Certificate is being transferred by the
undersigned to an institutional "accredited investor" (as defined
in Rule 501(a)(1), (2), (3) or (7) of Regulation D under the
Securities Act of 1933, as amended) and that the undersigned has
been advised by the prospective purchaser that it intends to hold
this Certificate for investment and not for distribution or
resale.
Dated
______________________________
(Signature)
If none of the foregoing boxes is checked, the Trustee shall not be obligated to
register this Certificate in the name of any person other than the registered
holder thereof unless and until the conditions to any such transfer of
registration set forth herein, and in the Pooling and Servicing Agreement have
been satisfied.
TO BE COMPLETED BY PURCHASER IF (a) ABOVE IS CHECKED:
The undersigned represents and warrants that (i) it is a "qualified
institutional buyer" (as defined in Rule 144A under the Securities Act of 1933,
as amended) and acknowledges that it has received such information as the
undersigned has requested pursuant to Rule 144A or has determined not to request
such information and that it is aware that the registered holder is relying upon
the undersigned's foregoing representations in order to claim the exemption from
registration provided by Rule 144A, and (ii) the undersigned (x) is not an
employee benefit plan subject to the Employee Retirement Income Security Act of
1974, as amended, or a plan subject to Section 4975 of the Internal Revenue Code
of 1986, as amended, and is not using the assets of any such employee benefit or
other plan to acquire this Certificate or (y) is an insurance company investing
assets of its general account and the exemptions provided by Section III(a) of
Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed. Reg. 35925
(July 12, 1995), apply to the acquisition and holding by the undersigned of this
Certificate.
Dated
______________________________
(Signature)
TO BE COMPLETED BY PURCHASER IF (b) ABOVE IS CHECKED:
The undersigned represents and warrants that (i) it is an institutional
"accredited investor" (as defined in Rule 501(a)(1), (2), (3) or (7) of
Regulation D under the Securities Act of 1933, as amended), and (ii) the
undersigned (x) is not an employee benefit plan subject to the Employee
Retirement Income Security Act of 1974, as amended, or a plan subject to Section
4975 of the Internal Revenue Code of 1986, as amended, and is not using the
assets of any such employee benefit or other plan to acquire this Certificate or
(y) is an insurance company investing assets of its general account and the
exemptions provided by Section III(a) of Department of Labor Prohibited
Transaction Exemption 95-60, 60 Fed. Reg. 35925 (July 12, 1995), apply to the
acquisition and holding by the undersigned of this Certificate.
Dated
______________________________
(Signature)
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY
STATE OF THE UNITED STATES ("BLUE SKY LAWS"), AND SUCH CERTIFICATE MAY NOT BE
OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (A) TO A PERSON WHOM
THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE
MEANING OF RULE 144A UNDER THE SECURITIES ACT IN A TRANSACTION MEETING THE
REQUIREMENTS OF RULE 144A, (B) PURSUANT TO AN EXEMPTION FROM REGISTRATION
PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (C) TO AN
INSTITUTIONAL ACCREDITED INVESTOR AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7)
OF REGULATION D UNDER THE SECURITIES ACT, IN EACH CASE IN A TRANSACTION EXEMPT
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
ANY APPLICABLE BLUE SKY LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY
OF THE EXEMPTION PROVIDED BY RULE 144 FOR RESALES OF THIS CERTIFICATE.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B4 Certificate
Principal Balance:
Class B4 $996,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3P8
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
B4 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN CLASSES OF
THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY
STATE OF THE UNITED STATES ("BLUE SKY LAWS"), AND SUCH CERTIFICATE MAY NOT BE
OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (A) TO A PERSON WHOM
THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE
MEANING OF RULE 144A UNDER THE SECURITIES ACT IN A TRANSACTION MEETING THE
REQUIREMENTS OF RULE 144A, (B) PURSUANT TO AN EXEMPTION FROM REGISTRATION
PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (C) TO AN
INSTITUTIONAL ACCREDITED INVESTOR AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7)
OF REGULATION D UNDER THE SECURITIES ACT, IN EACH CASE IN A TRANSACTION EXEMPT
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
ANY APPLICABLE BLUE SKY LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY
OF THE EXEMPTION PROVIDED BY RULE 144 FOR RESALES OF THIS CERTIFICATE.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY EMPLOYEE BENEFIT
PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA") OR A PLAN SUBJECT TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED ("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE
ASSETS OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET
FORTH HEREIN.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B5 Certificate
Principal Balance:
Class B5 $1,247,906.29
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3Q6
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
B5 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or money
order mailed to the Person entitled thereto at the address appearing in the
Certificate Register or, upon written request by the Certificateholder, by such
other means of payment as such Person and the Trustee shall agree. Except as
otherwise provided in the Agreement, the final distribution on this Certificate
will be made in the applicable manner described above, after due notice by the
Trustee of the pendency of such distribution and only upon presentation and
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "SECURITIES ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE
WITHOUT REGISTRATION THEREOF UNDER THE SECURITIES ACT MAY ONLY BE MADE IN A
TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND
IN ACCORDANCE WITH SECTION 5.02 OF THE AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class PO Certificate
Principal Balance:
Class PO $448,236.45
Certificate Interest Initial Certificate Principal
Rate per annum: Balance of this Certificate:
non-interest bearing $
Cut-off Date:
June 1, 1999
First Distribution Date:
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
PO Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Mortgage Pass-Through Certificates, Series 1999-13, issued
in twenty-six Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class A16, Class A17, Class R, Class PO, Class S, Class M,
Class B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. 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 herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.
No transfer of any Class M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Class Exemption 95-60, 60
Fed. Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan or a
Person that is purchasing or holding such Certificate with the assets of a Plan
will not constitute or result in a prohibited transaction under ERISA or Section
4975.
No transfer of any Class R Certificate shall be made to any Person unless
the Trustee has received a certificate from such transferee to the effect that,
among other things, such transferee (x) is not an employee benefit plan subject
to ERISA or a Plan or a Person that is using the assets of a Plan to acquire any
such Class R Certificate or (y) is an insurance company investing assets of its
general account and the Exemption applies to such transferee's acquisition and
holding of any such Class R Certificate.
As provided in the Agreement, and subject to certain limitations therein
set forth, the transfer of this Certificate is registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, 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 the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in 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 the same Class of authorized denominations
evidencing the same 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 may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of 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 Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by 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 under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By: ________________________
Name:
Title:
Countersigned:
By____________________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:______________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(Please print or typewrite name and address
including postal zip code of assignee)
- --------------------------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Dated:______________
_____________________________________
Signature by or on behalf of assignor
______________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or broker of
the signatory who is a member of a signature guarantee medallion program.
<PAGE>
PRINCIPAL WILL NOT BE DISTRIBUTABLE IN RESPECT OF THIS CERTIFICATE. INTEREST IS
CALCULATED ON THIS CERTIFICATE BASED ON THE CLASS S NOTIONAL PRINCIPAL BALANCE,
WHICH, AS OF ANY DISTRIBUTION DATE, IS EQUAL TO THE AGGREGATE SCHEDULED
PRINCIPAL BALANCE OF THE OUTSTANDING NON-DISCOUNT MORTGAGE LOANS AS SET FORTH IN
THE AGREEMENT (AS DEFINED HEREIN). CONSEQUENTLY, THE NOTIONAL PRINCIPAL BALANCE
OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "SECURITIES ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE
WITHOUT REGISTRATION THEREOF UNDER THE SECURITIES ACT MAY ONLY BE MADE IN A
TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND
IN ACCORDANCE WITH SECTION 5.02 OF THE AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class S Notional
Certificate Principal Balance:
Class S $476,820,702.62
Certificate Interest Initial Notional Certificate
Rate per annum: variable Principal Balance of this
Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date:
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Notional Principal Balance of this Certificate
by the aggregate initial Notional Principal Balance of all Class S Certificates,
both as specified above) in certain distributions with respect to the Trust
Fund, consisting primarily of a pool (the "Pool") of conventional, fixed rate,
one- to four-family mortgage loans (the "Mortgage Loans"), sold and serviced by
GE Capital Mortgage Services, Inc., a corporation organized and existing under
the laws of the State of New Jersey (the "Company"). The Trust Fund was created
pursuant to a Pooling and Servicing Agreement dated as of June 1, 1999 (the
"Agreement"), between the Company and State Street Bank and Trust Company, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Mortgage Pass-Through Certificates, Series 1999-13, issued
in twenty-six Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class A16, Class A17, Class R, Class PO, Class S, Class M,
Class B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. 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 herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited 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 registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, 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 the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees. The Certificates are issuable only as
registered Certificates without coupons in 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 the
same Class of authorized denominations evidencing the same 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 may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of 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 Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by 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 under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual capacity
but solely as Trustee
(SEAL) By: __________________________________
Name:
Title:
Countersigned:
By____________________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:______________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security or other identifying number of assignee
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(Please print or typewrite name and address including postal zip
code of assignee)
- --------------------------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Dated:______________
_____________________________________
Signature by or on behalf of assignor
______________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or broker of
the signatory who is a member of a signature guarantee medallion program.
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS THE "RESIDUAL
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" ("REMIC") 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 THE AGREEMENT, AND SHALL
BE REQUIRED TO FURNISH AN AFFIDAVIT TO THE TRANSFEROR AND THE TRUSTEE TO THE
EFFECT THAT 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 SUCH DISQUALIFIED ORGANIZATION, OR AN ENTITY THAT HOLDS REMIC
RESIDUAL SECURITIES AS NOMINEE TO FACILITATE THE CLEARANCE AND SETTLEMENT OF
SUCH SECURITIES THROUGH BOOK-ENTRY CHANGES IN ACCOUNTS OF PARTICIPATING
ORGANIZATIONS (A "BOOK-ENTRY NOMINEE") AND TO HAVE AGREED TO SUCH AMENDMENTS TO
THE AGREEMENT AS MAY BE REQUIRED TO FURTHER EFFECTUATE THE RESTRICTIONS ON
TRANSFERS TO DISQUALIFIED ORGANIZATIONS, AGENTS THEREOF OR BOOK-ENTRY NOMINEES.
THE HOLDER OF THIS CLASS R CERTIFICATE, BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE
IRREVOCABLY APPOINTED THE COMPANY (AS DEFINED HEREIN) AS ITS AGENT AND
ATTORNEY-IN-FACT TO ACT AS "TAX MATTERS PERSON" OF THE REMIC TO PERFORM THE
FUNCTIONS OF A "TAX MATTERS PARTNER" FOR PURPOSES OF SUBCHAPTER C OF CHAPTER 63
OF SUBTITLE F OF THE CODE, WITH RESPECT TO THE TRUST FUND.
<PAGE>
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY DISQUALIFIED
ORGANIZATION, BOOK-ENTRY NOMINEE OR NON-PERMITTED FOREIGN HOLDER, AS DEFINED IN
THE AGREEMENT OR TO ANY EMPLOYEE BENEFIT PLAN SUBJECT TO THE EMPLOYEE RETIREMENT
INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN SUBJECT TO SECTION
4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED ("SECTION 4975") (A
"PLAN") OR A PERSON THAT IS USING THE ASSETS OF A PLAN TO ACQUIRE THIS
CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE TRANSFER OF THIS CERTIFICATE IS
SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET FORTH HEREIN.
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class R Certificate
Principal Balance:
Class R $100
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
June 1, 1999
First Distribution Date: CUSIP: 36157R3J2
July 26, 1999
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by this Certificate
(obtained by dividing the initial Certificate Principal Balance of this
Certificate by the aggregate initial Certificate Principal Balance of all Class
R Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of June
1, 1999 (the "Agreement"), between the Company and State Street Bank and Trust
Company, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth herein below. To the extent not defined herein,
the terms used herein have the meanings assigned 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.
The Agreement requires the distribution 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 in July 1999, to the Person in whose name
this Certificate is registered at the close of business on the last Business Day
of the month immediately preceding the month of such distribution (the "Record
Date"), of an amount equal to the product of the Percentage Interest evidenced
by this Certificate and the aggregate amount required to be distributed to
Holders of Certificates of the same Class as this Certificate pursuant to the
Agreement.
Distributions on this Certificate will be made by the Trustee by check or
money order mailed to the Person entitled thereto at the address appearing in
the Certificate Register or, upon written request by the Certificateholder, by
such other means of payment as such Person and the Trustee shall agree. Except
as otherwise provided in the Agreement, the final distribution on this
Certificate will be made in the applicable manner described above, after due
notice by the Trustee of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency
maintained for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of Certificates
designated as REMIC Mortgage Pass-Through Certificates, Series 1999-13, issued
in twenty-six Classes (Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class A13,
Class A14, Class A15, Class A16, Class A17, Class R, Class PO, Class S, Class M,
Class B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
The Certificates are limited in right of payment to certain payments on and
collections in respect of the Mortgage Loans, all as more specifically set forth
in the Agreement. The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Account for payment hereunder and that the Trustee in its individual capacity is
not personally liable to the Certificateholders for any amount payable under
this Certificate or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain exceptions therein provided,
certain losses on the Mortgage Loans resulting from defaults by Mortgagors will
be borne by the Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the Holders of the
other Classes of the Certificates.
This Certificate does not purport to summarize the Agreement and reference
is made to the Agreement for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced hereby, and the rights, duties and
immunities of the Trustee.
The Agreement permits, with certain exceptions therein provided, the
amendment thereof and the modification of the rights and obligations of the
Company and the rights of the Certificateholders under the Agreement at any time
by the Company and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined in the
Agreement. 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 herefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Agreement also permits the amendment thereof, in
certain limited circumstances, without the consent of the Holders of any of the
Certificates.
No transfer of any Class M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan or a
Person that is purchasing or holding such Certificate with the assets of a Plan
will not constitute or result in a prohibited transaction under ERISA or Section
4975.
No transfer of any Class R Certificate shall be made to any Person unless
the Trustee has received a certificate from such transferee to the effect that,
among other things, such transferee (x) is not an employee benefit plan subject
to ERISA or a Plan or a Person that is using the assets of a Plan to acquire any
such Class R Certificate or (y) is an insurance company investing assets of its
general account and the Exemption applies to such transferee's acquisition and
holding of any such Class R Certificate.
As provided in the Agreement, and subject to certain limitations therein
set forth, the transfer of this Certificate is registerable in the Certificate
Register of the Trustee upon surrender of this Certificate for registration of
transfer at the office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
accompanied by a written instrument of transfer in form satisfactory to the
Company, 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 the same Class of authorized denominations
evidencing the same aggregate Percentage Interest will be issued to the
designated transferee or transferees.
The Certificates are issuable only as registered Certificates without
coupons in 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 the same Class of authorized denominations
evidencing the same 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 may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any agent of 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 Trustee, the
Certificate Registrar nor any such agent shall be affected by any notice to the
contrary.
The obligations and responsibilities created by the Agreement, and the
Trust Fund created thereby shall terminate upon payment to the
Certificateholders, or provision therefor, in accordance with the Agreement
following the earlier of (a) the repurchase by the Company of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid principal balance of
each Mortgage Loan (other than a Mortgage Loan described in clause (y)) plus
accrued and unpaid interest thereon at the rate provided for in the Agreement
(less any amounts representing previously unreimbursed Monthly Advances) and (y)
the appraised value of any property acquired in respect of a Mortgage Loan
determined as provided in the Agreement, and (b) the later of the final payment
or other liquidation (or any Monthly Advance with respect thereto) of the last
Mortgage Loan remaining in the Trust Fund and the disposition of all property
acquired upon foreclosure or by deed in lieu of foreclosure of any Mortgage
Loan. The right of the Company to repurchase all the Mortgage Loans and property
in respect of Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by 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 under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By: _________________________
Name:
Title:
Countersigned:
By____________________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:______________
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(Please print or typewrite name and address
including postal zip code of assignee)
- --------------------------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain distributions with
respect to the Trust Fund and hereby authorizes the transfer of registration of
such interest to assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to issue a new Certificate
of like Class and Percentage Interest, to the above named assignee and deliver
such Certificate to the following address:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Dated:______________
_____________________________________
Signature by or on behalf of assignor
______________________
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company or broker
of the signatory who is a member of a signature guarantee medallion
program.
<PAGE>
EXHIBIT B
PRINCIPAL BALANCE SCHEDULES
None.
<PAGE>
EXHIBIT C - SUPPLEMENT
SCHEDULE OF COOPERATIVE LOANS
SERIES 1999-13
LOAN NO. CUT-OFF DATE PRINCIPLE BALANCE BORROWER NAME
- -------- ------------------------------ -------------
70672522 $155,000.00 LOMBARDI
70708789 $329,430.16 MANGAN
70772850 $228,000.00 BAVLI
70773015 $369,725.41 BAKALCHUCK
70781232 $89,931.51 MELZIG
70791447 $99,925.79 BELFROM
70823679 $134,800.00 RIVERA
70831375 $350,000.00 KLEIN
70836028 $79,000.00 SPIRO
70838701 $94,500.00 BURICA
70854492 $220,000.00 PETERSON
<PAGE>
GE Capital Mortgages Services, Inc. EXHIBIT C
\
Issue Date: June 1, 1999\
P.O. Box 5260\
Cherry Hill, N.J. 08034\
(800) -257-7818\
<TABLE>
<CAPTION>
DELIVERY ID: 0004991330
- ---------------------------------------------------------------------------------------------------------------PAGE:
--------------------------------------------------------------------------------
<S> <C> <C> <C>
LN # 0007749500 MORTGAGORS: RANDLE, GLENN
CHOI, JEANNIE
ADDRESS : 29 MENDOSA AVENUE
MORTGAGE AMT: 336,000.00 CITY SAN FRANCISCO
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94116
UNPAID BALANCE: 331,071.050 OPTION TO CONVERT : No
MONTHLY P&I: 2,349.36 ANNUAL RATE ADJUST: 0.000
LTV : 51.69200 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 09/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:250
--------------------------------------------------------------------------------
LN # 0007753148 MORTGAGORS: RIEKEL, JAMES
RIEKEL, CYNTHIA
ADDRESS : 504 GREEN MOUNTAIN STREET
MORTGAGE AMT: 332,600.00 CITY SIMI VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 93065
UNPAID BALANCE: 330,319.220 OPTION TO CONVERT : No
MONTHLY P&I: 2,184.95 ANNUAL RATE ADJUST: 0.000
LTV : 79.98700 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 10/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:250
--------------------------------------------------------------------------------
LN # 0007799257 MORTGAGORS: PAULSEN, MELODIE
ADDRESS : 9121 NORTH 68TH DRIVE
MORTGAGE AMT: 54,900.00 CITY PEORIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 AZ 85345
UNPAID BALANCE: 54,657.760 OPTION TO CONVERT : No
MONTHLY P&I: 388.58 ANNUAL RATE ADJUST: 0.000
LTV : 69.93600 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 01/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:002
--------------------------------------------------------------------------------
LN # 0031661010 MORTGAGORS: POZZI, WILLIAM
BREAZEALE, BARBARA
ADDRESS : 6 RUE CEZANNE
MORTGAGE AMT: 454,700.00 CITY COTO DE CAZA AREA
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92679
UNPAID BALANCE: 451,207.960 OPTION TO CONVERT : No
MONTHLY P&I: 3,179.33 ANNUAL RATE ADJUST: 0.000
LTV : 79.98200 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 08/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:250
--------------------------------------------------------------------------------
LN # 0031693187 MORTGAGORS: AMODEO, JAMES
AMODEO, JET
ADDRESS : 1438 MONTEGO DRIVE
MORTGAGE AMT: 404,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 95120
UNPAID BALANCE: 400,314.230 OPTION TO CONVERT : No
MONTHLY P&I: 2,894.31 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 07/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:250
--------------------------------------------------------------------------------
LN # 0031736572 MORTGAGORS: KEENE, KATHERINE
ADDRESS : 63 FAIRLANE ROAD
MORTGAGE AMT: 468,000.00 CITY LAGUNA NIGUEL,
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 92677
UNPAID BALANCE: 464,403.220 OPTION TO CONVERT : No
MONTHLY P&I: 3,352.81 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 08/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:250
--------------------------------------------------------------------------------
LN # 0031754559 MORTGAGORS: MERTZ, RICHARD
ADDRESS : 8856 ENCINO AVENUE
MORTGAGE AMT: 524,600.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 91326
UNPAID BALANCE: 509,212.350 OPTION TO CONVERT : No
MONTHLY P&I: 3,758.30 ANNUAL RATE ADJUST: 0.000
LTV : 74.99600 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 08/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:250
--------------------------------------------------------------------------------
LN # 0031861149 MORTGAGORS: WALTERS, CHARLES
WALTERS, TRACY
ADDRESS : 3202 EAST VISTA WAY
MORTGAGE AMT: 258,650.00 CITY VISTA
:\
STATE/ZIP :\
LIFETIME RATE : 9.25000 CA 92084
UNPAID BALANCE: 257,829.750 OPTION TO CONVERT : No
MONTHLY P&I: 2,127.86 ANNUAL RATE ADJUST: 0.000
LTV : 78.37878 OUTSIDE CONV DATE:
CURRENT INT 9.25000 MATURITY DATE: 12/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:250
--------------------------------------------------------------------------------
LN # 0031920168 MORTGAGORS: NEAL, RALPH
NEAL, JULIE
ADDRESS : LOT 59 OSAGE CT
MORTGAGE AMT: 528,000.00 CITY GREEN BAY
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 WI 54313
UNPAID BALANCE: 526,378.050 OPTION TO CONVERT : No
MONTHLY P&I: 3,646.77 ANNUAL RATE ADJUST: 0.000
LTV : 74.15700 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 02/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:250
--------------------------------------------------------------------------------
LN # 0032056616 MORTGAGORS: POPTELECAN, JOHN
POPTELECAN, MARIA
ADDRESS : 441 WEST PEBBLE BEACH AVE
MORTGAGE AMT: 307,800.00 CITY LA HABRA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90631
UNPAID BALANCE: 307,553.850 OPTION TO CONVERT : No
MONTHLY P&I: 2,073.71 ANNUAL RATE ADJUST: 0.000
LTV : 79.94800 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:250
--------------------------------------------------------------------------------
LN # 0070277553 MORTGAGORS: WEATHERFORD, ARTHUR
WEATHERFORD, CHERYL
ADDRESS : 32400 CARMEL WAY
MORTGAGE AMT: 294,700.00 CITY UNION CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94587
UNPAID BALANCE: 291,893.390 OPTION TO CONVERT : No
MONTHLY P&I: 2,060.59 ANNUAL RATE ADJUST: 0.000
LTV : 73.49127 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 09/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070536925 MORTGAGORS: OBURCHAY, JEANINE
OBURCHAY, CHRISTOPHER
ADDRESS : 159 OLD REDDING RD
MORTGAGE AMT: 482,000.00 CITY Weston
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CT 06883
UNPAID BALANCE: 482,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,206.76 ANNUAL RATE ADJUST: 0.000
LTV : 62.19000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070605324 MORTGAGORS: TYLER, LARRY
TYLER, PATSY
ADDRESS : 12127 SELFRIDGE ROAD
MORTGAGE AMT: 94,200.00 CITY WHEATON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MD 20906
UNPAID BALANCE: 92,658.750 OPTION TO CONVERT : No
MONTHLY P&I: 618.83 ANNUAL RATE ADJUST: 0.000
LTV : 68.50909 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 02/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070672522 MORTGAGORS: LOMBARDI, FRANK
ADDRESS : 155 HENRY ST #1G
MORTGAGE AMT: 155,000.00 CITY BROOKLYN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NY 11201
UNPAID BALANCE: 155,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,057.37 ANNUAL RATE ADJUST: 0.000
LTV : 68.88889 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070679170 MORTGAGORS: SUSZ, GLENN
SUSZ, SUSAN
ADDRESS : 13250 FOXHILL DRIVE
MORTGAGE AMT: 272,000.00 CITY LEMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 60439
UNPAID BALANCE: 271,574.340 OPTION TO CONVERT : No
MONTHLY P&I: 1,855.52 ANNUAL RATE ADJUST: 0.000
LTV : 68.17043 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070680749 MORTGAGORS: ORLANDO, JACINTA
MACDONALD, HUGH
ADDRESS : 20 JONES STREET
MORTGAGE AMT: 624,000.00 CITY New York
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NY 10014
UNPAID BALANCE: 624,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,204.00 ANNUAL RATE ADJUST: 0.000
LTV : 65.68000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070683164 MORTGAGORS: GASTON, JAMES
GASTON, ELIZABETH
ADDRESS : 15455 WEST 72ND PLACE
MORTGAGE AMT: 310,800.00 CITY ARVADA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CO 80007
UNPAID BALANCE: 310,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,093.92 ANNUAL RATE ADJUST: 0.000
LTV : 77.70000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070686217 MORTGAGORS: BELTRANO, ROBERT
BELTRANO, KRISTIN
ADDRESS : 1926 GREY EAGLE STREET
MORTGAGE AMT: 275,200.00 CITY HENDERSON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NV 89014
UNPAID BALANCE: 271,534.110 OPTION TO CONVERT : No
MONTHLY P&I: 1,830.91 ANNUAL RATE ADJUST: 0.000
LTV : 64.60094 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070687264 MORTGAGORS: KERMAN, ALEXANDER
KERMAN, LYUDMILA
ADDRESS : 1621 RIVERA STREET
MORTGAGE AMT: 281,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94116
UNPAID BALANCE: 281,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,869.50 ANNUAL RATE ADJUST: 0.000
LTV : 66.90476 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070687751 MORTGAGORS: BOWER, IAN
DODGEN BOWER, PATRICIA
ADDRESS : 460 I AVENUE
MORTGAGE AMT: 418,500.00 CITY CORONADO
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92118
UNPAID BALANCE: 418,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,784.29 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070690532 MORTGAGORS: SKINNER, ALLEN
SKINNER, CHARLOTTE
ADDRESS : 1115 STONEY RUN ROAD
MORTGAGE AMT: 305,000.00 CITY HUMMELSTOWN
:\
STATE/ZIP :\
LIFETIME RATE : 6.37500 PA 17036
UNPAID BALANCE: 305,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,902.80 ANNUAL RATE ADJUST: 0.000
LTV : 67.77778 OUTSIDE CONV DATE:
CURRENT INT 6.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070698378 MORTGAGORS: BARRY, JOHN
BARRY, NAN
ADDRESS : 550 HUNT LANE
MORTGAGE AMT: 361,000.00 CITY MANHASSET
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NY 11030
UNPAID BALANCE: 360,435.060 OPTION TO CONVERT : No
MONTHLY P&I: 2,462.66 ANNUAL RATE ADJUST: 0.000
LTV : 55.53846 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070706874 MORTGAGORS: BURGESE, DOMINIC
BURGESE, JUDITH
ADDRESS : 317 JOSEPHS WAY
MORTGAGE AMT: 307,500.00 CITY MEDIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 PA 19063
UNPAID BALANCE: 307,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,045.81 ANNUAL RATE ADJUST: 0.000
LTV : 65.70513 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070708789 MORTGAGORS: MANGAN, MONA
ADDRESS : 1025 FIFTH AVE
MORTGAGE AMT: 330,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 NY 10021
UNPAID BALANCE: 329,430.160 OPTION TO CONVERT : No
MONTHLY P&I: 2,140.37 ANNUAL RATE ADJUST: 0.000
LTV : 49.87403 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070708839 MORTGAGORS: SUBBIONDO, ROBERT
SUBBIONDO, DEBORAH
ADDRESS : 9070 S BLACKJACK ROAD
MORTGAGE AMT: 392,000.00 CITY ALTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 UT 84092
UNPAID BALANCE: 392,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,674.13 ANNUAL RATE ADJUST: 0.000
LTV : 70.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070710728 MORTGAGORS: GROFF, TOM
ADDRESS : 77 LEGACY WAY
MORTGAGE AMT: 337,500.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92602
UNPAID BALANCE: 337,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,217.13 ANNUAL RATE ADJUST: 0.000
LTV : 73.36957 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070713615 MORTGAGORS: TAYLOR, ALASTAIR
TAYLOR, EBBA
ADDRESS : 56 CANYON ROAD
MORTGAGE AMT: 267,900.00 CITY FAIRFAX
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94930
UNPAID BALANCE: 267,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,782.35 ANNUAL RATE ADJUST: 0.000
LTV : 72.40541 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070718523 MORTGAGORS: HAMANN, ELAINE
HAMANN, SCOTT
ADDRESS : 11 O'SHEA LANE
MORTGAGE AMT: 336,000.00 CITY SUMMIT
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07901
UNPAID BALANCE: 335,461.020 OPTION TO CONVERT : No
MONTHLY P&I: 2,263.69 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070719737 MORTGAGORS: KREINIKER, ROBERT
KREINIKER, MAGDELEN
ADDRESS : 2609 CRYSTAL WAY
MORTGAGE AMT: 224,200.00 CITY CRYSTAL LAK
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 IL 60012
UNPAID BALANCE: 224,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,472.83 ANNUAL RATE ADJUST: 0.000
LTV : 64.05714 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070720602 MORTGAGORS: MUSTAFA, MAHMOUD
ADDRESS : 2301 N STREET NORTHWEST U
MORTGAGE AMT: 288,000.00 CITY WASHINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 DC 20037
UNPAID BALANCE: 288,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,964.67 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070723143 MORTGAGORS: HENRY, ROBERT
HENRY, CANDACE
ADDRESS : 4315 MAYAPAN DRIVE
MORTGAGE AMT: 227,500.00 CITY LA MESA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 91941
UNPAID BALANCE: 227,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,475.56 ANNUAL RATE ADJUST: 0.000
LTV : 75.83333 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070724026 MORTGAGORS: WINSLOW, CRAIG
WINSLOW, KIMBERLY
ADDRESS : 4 WAGON WHEEL LANE
MORTGAGE AMT: 302,000.00 CITY WESTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CT 06883
UNPAID BALANCE: 302,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,983.93 ANNUAL RATE ADJUST: 0.000
LTV : 78.44156 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070724083 MORTGAGORS: HAUCK, KENNETH
HAUCK, BETH
ADDRESS : 4003 JONES BRIDGE ROAD
MORTGAGE AMT: 413,600.00 CITY CHEVY CHASE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 20815
UNPAID BALANCE: 413,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,751.69 ANNUAL RATE ADJUST: 0.000
LTV : 65.65079 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070725056 MORTGAGORS: OVERSTREET, MONTE
ADDRESS : 8866 COLLINGWOOD DRIVE
MORTGAGE AMT: 1,070,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90069
UNPAID BALANCE: 1,068,283. OPTION TO CONVERT : No
590
MONTHLY P&I: 7,208.79 ANNUAL RATE ADJUST: 0.000
LTV : 66.87500 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070725296 MORTGAGORS: BARKER, EDWIN
BARKER, ANN
ADDRESS : 5401 TORTUGA TRAIL
MORTGAGE AMT: 255,500.00 CITY AUSTIN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 TX 78731
UNPAID BALANCE: 255,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,721.35 ANNUAL RATE ADJUST: 0.000
LTV : 78.61538 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070732706 MORTGAGORS: JOHNSON, KENNETH
JOHNSON, SHARON
ADDRESS : 324 LAKELAND DRIVE
MORTGAGE AMT: 358,250.00 CITY HIGHLAND VI
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 TX 75077
UNPAID BALANCE: 358,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,413.60 ANNUAL RATE ADJUST: 0.000
LTV : 84.29412 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070735204 MORTGAGORS: NOUR, BADIOLLAH
ADDRESS : 134 WHIPPLE DRIVE
MORTGAGE AMT: 328,200.00 CITY BELLAIRE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 TX 77401
UNPAID BALANCE: 328,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,211.14 ANNUAL RATE ADJUST: 0.000
LTV : 57.37762 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070736509 MORTGAGORS: MAXWELL, STEVEN
MAXWELL, HELEN
ADDRESS : 234 BROOKLINE STREET
MORTGAGE AMT: 350,000.00 CITY NEEDHAM
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 02192
UNPAID BALANCE: 349,438.570 OPTION TO CONVERT : No
MONTHLY P&I: 2,358.01 ANNUAL RATE ADJUST: 0.000
LTV : 67.30800 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070740899 MORTGAGORS: PEARL, ALEX
DELFINER PEA, SHARON
ADDRESS : 1257 BOBARN DRIVE
MORTGAGE AMT: 429,500.00 CITY PENN VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 PA 19072
UNPAID BALANCE: 429,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,714.73 ANNUAL RATE ADJUST: 0.000
LTV : 64.10448 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070742374 MORTGAGORS: BEAHRS, CLAUDETTE
ADDRESS : 1885 CARNAHAN STREET
MORTGAGE AMT: 287,000.00 CITY ARCH CAPE
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 OR 97102
UNPAID BALANCE: 286,669.610 OPTION TO CONVERT : No
MONTHLY P&I: 1,814.04 ANNUAL RATE ADJUST: 0.000
LTV : 84.41176 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070746680 MORTGAGORS: SUBRAMANIAM, BHUMA
VICTOR, THOMAS
ADDRESS : 1844 CHANNING WAY
MORTGAGE AMT: 334,300.00 CITY BERKELEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94703
UNPAID BALANCE: 334,300.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,389.49 ANNUAL RATE ADJUST: 0.000
LTV : 61.33945 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/24
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:114
--------------------------------------------------------------------------------
LN # 0070749858 MORTGAGORS: HENRY, SCOTT
HENRY, LIANE
ADDRESS : 6443 PINION STREET
MORTGAGE AMT: 230,000.00 CITY AGOURA HILL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91301
UNPAID BALANCE: 230,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,530.20 ANNUAL RATE ADJUST: 0.000
LTV : 77.96610 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070753405 MORTGAGORS: RO, CHRIS
RO, CHRISTINA
ADDRESS : 5727 VIA DE MANSION
MORTGAGE AMT: 304,000.00 CITY LA VERNE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91750
UNPAID BALANCE: 304,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,048.10 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070754817 MORTGAGORS: ALDERMAN, DANIEL
ALDERMAN, CHRISTINE
ADDRESS : 17726 TUSCAN DRIVE
MORTGAGE AMT: 284,000.00 CITY GRANADA HIL
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91344
UNPAID BALANCE: 284,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,937.38 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070760848 MORTGAGORS: STEINER, MARK
STEINER, LINDA
ADDRESS : 27 REVERKNOLLS
MORTGAGE AMT: 351,500.00 CITY AV0N
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CT 06001
UNPAID BALANCE: 351,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,338.54 ANNUAL RATE ADJUST: 0.000
LTV : 54.08000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070762232 MORTGAGORS: WEBBER SMALL, SEAN
ADDRESS : 15249 MUHOLLAND DRIVE
MORTGAGE AMT: 300,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90077
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 53.81166 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070762893 MORTGAGORS: MEACHAM, GREGORY
DUPART MEACH, ATHENA
ADDRESS : 209 TENBY COURT
MORTGAGE AMT: 297,000.00 CITY ROSEVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95747
UNPAID BALANCE: 297,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,000.94 ANNUAL RATE ADJUST: 0.000
LTV : 84.85714 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070762968 MORTGAGORS: EKREN, CHRISTOPHE
ADDRESS : 18709 PASEO LADO
MORTGAGE AMT: 323,200.00 CITY SARATOGA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95070
UNPAID BALANCE: 323,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,204.79 ANNUAL RATE ADJUST: 0.000
LTV : 69.65517 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070765607 MORTGAGORS: HINTON, ROBERT
ADDRESS : 450 WESTVIEW AVENUE
MORTGAGE AMT: 261,600.00 CITY ENGLEWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 NJ 07631
UNPAID BALANCE: 261,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,874.13 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070767447 MORTGAGORS: TABLANG, KENNETH
BARNES TABLA, GINA
ADDRESS : 3317 3319 FIRST AVENUE
MORTGAGE AMT: 364,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92103
UNPAID BALANCE: 364,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,483.12 ANNUAL RATE ADJUST: 0.000
LTV : 75.83333 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070772256 MORTGAGORS: PRASAD, GANESH
PRASAD, REKHA
ADDRESS : 131 ROUND TOP ROAD
MORTGAGE AMT: 380,000.00 CITY BERNARDSVIL
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07924
UNPAID BALANCE: 380,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,592.27 ANNUAL RATE ADJUST: 0.000
LTV : 63.33333 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070772850 MORTGAGORS: BAVLI, ERAN
BAVLI, DAPHNA
ADDRESS : 201 WEST 70TH STREET 32F
MORTGAGE AMT: 228,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 NY 10023
UNPAID BALANCE: 228,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,613.77 ANNUAL RATE ADJUST: 0.000
LTV : 60.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070773015 MORTGAGORS: BAKALCHUCK, LEONARD
ADDRESS : 40 EAST 19TH STREET 9R
MORTGAGE AMT: 370,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 NY 10003
UNPAID BALANCE: 369,725.410 OPTION TO CONVERT : No
MONTHLY P&I: 2,587.09 ANNUAL RATE ADJUST: 0.000
LTV : 62.60575 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070773114 MORTGAGORS: SCHWARTZ, KENNETH
SCHWARTZ, CHERYL
ADDRESS : 15 FAIRFIELD TERRACE
MORTGAGE AMT: 387,000.00 CITY SHORT HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NJ 07078
UNPAID BALANCE: 387,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,672.91 ANNUAL RATE ADJUST: 0.000
LTV : 57.33333 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070774641 MORTGAGORS: PONCE, RICHARD
PONCE, CYNTHIA
ADDRESS : 50 LA VONNE DRIVE
MORTGAGE AMT: 260,000.00 CITY CAMPBELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95008
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,751.67 ANNUAL RATE ADJUST: 0.000
LTV : 73.86364 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070776604 MORTGAGORS: COLEMAN, KEVIN
COLEMAN, ROBIN
ADDRESS : 4 POLHEMUS DR
MORTGAGE AMT: 259,000.00 CITY HILLSBOROUG
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 08502
UNPAID BALANCE: 259,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,744.93 ANNUAL RATE ADJUST: 0.000
LTV : 76.40118 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070779202 MORTGAGORS: RAMIA, EDWARD
RAMIA, VERONICA
ADDRESS : 18809 FAIRFIELD ROAD
MORTGAGE AMT: 410,700.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 91326
UNPAID BALANCE: 410,700.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,906.91 ANNUAL RATE ADJUST: 0.000
LTV : 79.96994 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070779806 MORTGAGORS: SMITH, DAVID
ADDRESS : 1643 94TH AVENUE NORTHEAS
MORTGAGE AMT: 1,000,000.00 CITY CLYDE HILL
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 WA 98004
UNPAID BALANCE: 1,000,000. OPTION TO CONVERT : No
000
MONTHLY P&I: 6,992.15 ANNUAL RATE ADJUST: 0.000
LTV : 32.26000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0070780333 MORTGAGORS: HEINTZ, VELVA
ADDRESS : 12027 NE FARGO COURT
MORTGAGE AMT: 320,000.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 8.00000 OR 97220
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,348.05 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 8.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070781232 MORTGAGORS: MELZIG, KRISTIN
MELZIG, ERIC
ADDRESS : 130 WEST 67TH STREET
MORTGAGE AMT: 90,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NY 10023
UNPAID BALANCE: 89,931.510 OPTION TO CONVERT : No
MONTHLY P&I: 621.61 ANNUAL RATE ADJUST: 0.000
LTV : 52.23447 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070782602 MORTGAGORS: MALONE, D
MALONE, DONNA
MALONE, DONNA
ADDRESS : 9208 BEXLEYWOOD COURT
MORTGAGE AMT: 376,300.00 CITY FAIRFAX STA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 VA 22039
UNPAID BALANCE: 376,300.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,535.20 ANNUAL RATE ADJUST: 0.000
LTV : 77.74793 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070783600 MORTGAGORS: MORRISON, CLIFFORD
CASTILLO, MIGUEL
ADDRESS : 1343 BARROWS ROAD
MORTGAGE AMT: 318,900.00 CITY OAKLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94610
UNPAID BALANCE: 318,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,520.51 ANNUAL RATE ADJUST: 0.000
LTV : 70.86667 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0070785340 MORTGAGORS: GOMES, JOSEPH
GOMES, MARY
ADDRESS : 55 WAUREGAN RD
MORTGAGE AMT: 37,400.00 CITY BROOKLYN
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CT 06234
UNPAID BALANCE: 37,321.090 OPTION TO CONVERT : No
MONTHLY P&I: 261.51 ANNUAL RATE ADJUST: 0.000
LTV : 51.58621 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070787312 MORTGAGORS: COIL, LELAND
COIL, SHERYL
ADDRESS : 3875 JAMIESON CANYON
MORTGAGE AMT: 473,000.00 CITY AMERICAN CA
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94589
UNPAID BALANCE: 473,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,495.43 ANNUAL RATE ADJUST: 0.000
LTV : 51.97802 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/24
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:114
--------------------------------------------------------------------------------
LN # 0070787759 MORTGAGORS: KATSAMAKIS, CLIFFORD
KATSAMAKIS, YVONNE
ADDRESS : 160 PARKSIDE DRIVE
MORTGAGE AMT: 200,000.00 CITY ROSLYN HEIG
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NY 11577
UNPAID BALANCE: 200,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,364.35 ANNUAL RATE ADJUST: 0.000
LTV : 57.14286 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070788195 MORTGAGORS: PAREDES, LAURENCE
DRUMM PAREDE, ELISABETH
ADDRESS : 537 FLAX HILL ROAD
MORTGAGE AMT: 340,000.00 CITY NORWALK
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CT 06854
UNPAID BALANCE: 340,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,205.23 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070789326 MORTGAGORS: GUADAGNINI, FRANK
GUADAGNINI, KATHLEEN
ADDRESS : 17931 WHITFORD LANE
MORTGAGE AMT: 300,000.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92649
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,072.03 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070791447 MORTGAGORS: BELFROM, CLELIA
ADDRESS : 170 WEST END AVENUE
MORTGAGE AMT: 100,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 NY 10023
UNPAID BALANCE: 99,925.790 OPTION TO CONVERT : No
MONTHLY P&I: 699.21 ANNUAL RATE ADJUST: 0.000
LTV : 40.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070793781 MORTGAGORS: MILLER, JOELLE
MILLER, JOHN
SILVERMAN, ALAN
ADDRESS : 144 WEST 27TH STREET
MORTGAGE AMT: 340,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NY 10023
UNPAID BALANCE: 339,721.300 OPTION TO CONVERT : No
MONTHLY P&I: 2,262.03 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070797972 MORTGAGORS: RIVA, JULIA
ADDRESS : 1417 BLUEBIRD AVENUE
MORTGAGE AMT: 547,600.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90069
UNPAID BALANCE: 547,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,002.30 ANNUAL RATE ADJUST: 0.000
LTV : 45.63333 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/24
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:114
--------------------------------------------------------------------------------
LN # 0070799119 MORTGAGORS: HYUN, KEESUP
HYUN, YUNG
ADDRESS : 1871 CONEJO LANE
MORTGAGE AMT: 268,750.00 CITY FULLERTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92633
UNPAID BALANCE: 268,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,856.19 ANNUAL RATE ADJUST: 0.000
LTV : 76.13314 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070799408 MORTGAGORS: BATTERTON, BRET
BATTERTON, RHONDA
ADDRESS : 2202 STALLION DRIVE
MORTGAGE AMT: 251,100.00 CITY NORCO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91760
UNPAID BALANCE: 251,100.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,734.29 ANNUAL RATE ADJUST: 0.000
LTV : 86.58621 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070800503 MORTGAGORS: PETE, RONALD
PETE, ABBY
ADDRESS : 719 GLENGARY RD
MORTGAGE AMT: 400,000.00 CITY PHILADELPHI
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 PA 19118
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,796.86 ANNUAL RATE ADJUST: 0.000
LTV : 55.17241 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070800545 MORTGAGORS: PASILLAS, RALPH
PASILLAS, SUSAN
ADDRESS : 1514 SOUTH BELLGREEN DRIV
MORTGAGE AMT: 229,500.00 CITY WHITTIER
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90601
UNPAID BALANCE: 229,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,831.33 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:104
--------------------------------------------------------------------------------
LN # 0070800651 MORTGAGORS: INGULLI, ALFRED
GUTIERREZ, TEOFILO
INGULLI, REGINA
ADDRESS : 27 PICKETTS RIDGE ROAD
MORTGAGE AMT: 277,600.00 CITY REDDING
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CT 06896
UNPAID BALANCE: 277,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,893.72 ANNUAL RATE ADJUST: 0.000
LTV : 78.19718 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070800826 MORTGAGORS: LEI, BEN TSE MI
LEI, RENA
ADDRESS : 3000 ERIN COURT
MORTGAGE AMT: 416,100.00 CITY GLENDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91206
UNPAID BALANCE: 416,100.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,873.90 ANNUAL RATE ADJUST: 0.000
LTV : 80.79612 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070801808 MORTGAGORS: WILLIAMS, ALFRED
WILLIAMS, JEANETTE
ADDRESS : 4601 SCOTIA AVENUE
MORTGAGE AMT: 219,950.00 CITY OAKLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94605
UNPAID BALANCE: 219,950.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,519.14 ANNUAL RATE ADJUST: 0.000
LTV : 84.59615 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070802285 MORTGAGORS: BRAUN, CRAIG
ADDRESS : 198 BARNEGAT RD
MORTGAGE AMT: 500,000.00 CITY POUND RIDGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NY 10576
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,368.59 ANNUAL RATE ADJUST: 0.000
LTV : 67.11409 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070803879 MORTGAGORS: TUCKER, JOHN
TUCKER, MERLENE
ADDRESS : 1015 MERCER ROAD
MORTGAGE AMT: 365,000.00 CITY PRINCETON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NJ 08540
UNPAID BALANCE: 365,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,520.96 ANNUAL RATE ADJUST: 0.000
LTV : 76.84211 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070804968 MORTGAGORS: FRISHER, MICHAEL
FRISHER, DEBORAH
ADDRESS : 32 EAST PARK DRIVE
MORTGAGE AMT: 260,000.00 CITY OLD BETHPAG
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 NY 11804
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,817.96 ANNUAL RATE ADJUST: 0.000
LTV : 89.65517 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070806260 MORTGAGORS: ROBBINS, CLAY
ADDRESS : 2 ENCANTADO PLACE
MORTGAGE AMT: 245,000.00 CITY HOT SPRINGS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 AR 71909
UNPAID BALANCE: 245,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,671.33 ANNUAL RATE ADJUST: 0.000
LTV : 57.41739 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070807201 MORTGAGORS: GOODSON, ALLEN
GOODSON, JULIE
ADDRESS : 750 GARLAND WAY
MORTGAGE AMT: 267,000.00 CITY BRENTWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94513
UNPAID BALANCE: 267,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,821.41 ANNUAL RATE ADJUST: 0.000
LTV : 70.82228 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070808886 MORTGAGORS: FAINE, BARBARA
OLLER, CATHERINE
ADDRESS : 306 NORTH 77TH STREET
MORTGAGE AMT: 239,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WA 98103
UNPAID BALANCE: 239,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,630.40 ANNUAL RATE ADJUST: 0.000
LTV : 59.75000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070810890 MORTGAGORS: HOPKINS, CASSANDRA
HOPKINS, ROBERT
ADDRESS : 10 RICHMOND DRIVE
MORTGAGE AMT: 325,000.00 CITY Old Greenwich
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CT 06870
UNPAID BALANCE: 325,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,189.59 ANNUAL RATE ADJUST: 0.000
LTV : 65.13000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070811542 MORTGAGORS: CROSSMAN, GEORGE
CROSSMAN, CHRISTINA
ADDRESS : 14 WEST END AVENUE
MORTGAGE AMT: 302,400.00 CITY OLD GREENWI
:\
STATE/ZIP :\
LIFETIME RATE : 8.12500 CT 06870
UNPAID BALANCE: 302,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,245.31 ANNUAL RATE ADJUST: 0.000
LTV : 70.00000 OUTSIDE CONV DATE:
CURRENT INT 8.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070812391 MORTGAGORS: MOORE, HERB
MOORE, TAMARA
ADDRESS : 28182 ANGELICA PLACE
MORTGAGE AMT: 328,000.00 CITY VALENCIA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91354
UNPAID BALANCE: 328,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,154.73 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070813142 MORTGAGORS: INTRILIGATOR, MARC
INTRILIGATOR, ROXANN
ADDRESS : 22 WESTMINSTER DRIVE
MORTGAGE AMT: 264,000.00 CITY CROTON HUDS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NY 10520
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,800.95 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070816079 MORTGAGORS: WITTEKIND, DAVID
WITTEKIND, LYNN
ADDRESS : 626 NORTH MONROE AVENUE
MORTGAGE AMT: 375,300.00 CITY RIVER FORES
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 60305
UNPAID BALANCE: 375,300.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,560.21 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070816608 MORTGAGORS: PEARLMAN, LOUIS
PEARLMAN, LAURA
ADDRESS : 85 GLEN CROSS ROAD
MORTGAGE AMT: 420,000.00 CITY WELLESLEY
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 MA 02181
UNPAID BALANCE: 420,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,689.31 ANNUAL RATE ADJUST: 0.000
LTV : 57.14286 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070816699 MORTGAGORS: TRINO, JOSEPH
TRINO, MARY
ADDRESS : 305 HIGH BRIDGE CHASE
MORTGAGE AMT: 374,615.00 CITY ALPHARETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 GA 30202
UNPAID BALANCE: 374,615.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,523.85 ANNUAL RATE ADJUST: 0.000
LTV : 51.67103 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070817473 MORTGAGORS: MCNALLY, MICHAEL
MCNALLY, MARTHA
ADDRESS : 58 FAIRVIEW STREET
MORTGAGE AMT: 328,750.00 CITY HOLLISTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MA 01746
UNPAID BALANCE: 328,260.510 OPTION TO CONVERT : No
MONTHLY P&I: 2,298.67 ANNUAL RATE ADJUST: 0.000
LTV : 79.02682 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070818463 MORTGAGORS: RODRIGUES, DEREK
KAUKONEN, LARISA
ADDRESS : 8520 NORTHEAST 119TH STRE
MORTGAGE AMT: 644,000.00 CITY KIRKLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WA 98034
UNPAID BALANCE: 644,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 5,041.36 ANNUAL RATE ADJUST: 0.000
LTV : 78.53659 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0070818505 MORTGAGORS: SLAGLE, VERNON
SLAGLE, MAUREEN
ADDRESS : 11100 NE 24TH STREET
MORTGAGE AMT: 265,000.00 CITY BELLEVUE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 WA 98004
UNPAID BALANCE: 265,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,830.29 ANNUAL RATE ADJUST: 0.000
LTV : 53.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070818646 MORTGAGORS: GROSSMAN, MICHAEL
GROSSMAN, JUDITH
ADDRESS : 1441 N KEYSTONE AVENUE
MORTGAGE AMT: 456,000.00 CITY RIVER FORES
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60305
UNPAID BALANCE: 456,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,072.16 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070819412 MORTGAGORS: XU, HUIMIN
TU, JIANG
ADDRESS : 33 ARCOLA STREET
MORTGAGE AMT: 241,000.00 CITY LEXINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 02173
UNPAID BALANCE: 241,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,623.66 ANNUAL RATE ADJUST: 0.000
LTV : 88.92989 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070820055 MORTGAGORS: UNGAR, AHARON
UNGAR, JENNIFER
ADDRESS : 4345 N MERIDIAN AVENUE
MORTGAGE AMT: 600,000.00 CITY MIAMI
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 FL 33140
UNPAID BALANCE: 600,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,144.05 ANNUAL RATE ADJUST: 0.000
LTV : 54.54545 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070820220 MORTGAGORS: GELBARD, CLIFFORD
GELBARD, GAYLE
GELBARD, GAYLE
ADDRESS : 433 LINKS DRIVE
MORTGAGE AMT: 636,000.00 CITY NORTH HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NY 11576
UNPAID BALANCE: 636,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,883.29 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0070820972 MORTGAGORS: VOSS, F
ROBERTS, JAMI
ADDRESS : 2201 S CANFIELD AVENUE
MORTGAGE AMT: 378,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90034
UNPAID BALANCE: 378,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,546.66 ANNUAL RATE ADJUST: 0.000
LTV : 55.75221 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070821087 MORTGAGORS: LAPADO, RICHARD
LAPADO, STEPHANIE
ADDRESS : 65 TENNANT AVENUE
MORTGAGE AMT: 276,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95138
UNPAID BALANCE: 276,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,882.81 ANNUAL RATE ADJUST: 0.000
LTV : 78.85714 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070821251 MORTGAGORS: NANDAGOPAL, RAGHAV
NANDAGOPAL, NEENA
ADDRESS : 42 OAK STREET
MORTGAGE AMT: 441,280.00 CITY WESTPORT
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CT 06880
UNPAID BALANCE: 441,280.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,898.90 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070822218 MORTGAGORS: LIDDY, JOSEPH
ADDRESS : 307 PITNEY AVE
MORTGAGE AMT: 399,000.00 CITY SPRING LAKE
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 NJ 07762
UNPAID BALANCE: 399,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,893.03 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070823356 MORTGAGORS: KIM, JOONG
KIM, IL
ADDRESS : 12647 MISTY PLACE
MORTGAGE AMT: 515,000.00 CITY CERRITOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 90703
UNPAID BALANCE: 515,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,689.52 ANNUAL RATE ADJUST: 0.000
LTV : 79.23077 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070823679 MORTGAGORS: RIVERA, CHRISTOPHER
RIVERA, VICTOR
RIVERA, VICTOR
RIVERA, CARRIE
ADDRESS : 245 EAST 54TH STREET, UNI
MORTGAGE AMT: 134,800.00 CITY New York
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 NY 10022
UNPAID BALANCE: 134,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 954.11 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070823687 MORTGAGORS: CARSON, D
LUNDQUIST, INGRID
ADDRESS : 7373 CHRISTOPHER DRIVE
MORTGAGE AMT: 282,000.00 CITY POLAND
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 OH 44514
UNPAID BALANCE: 282,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,102.52 ANNUAL RATE ADJUST: 0.000
LTV : 78.33333 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0070824685 MORTGAGORS: MILLER, BRADLEY
MILLER, DIANNE
ADDRESS : 4107 EDITH COURT
MORTGAGE AMT: 402,400.00 CITY DALLAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 TX 75209
UNPAID BALANCE: 402,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,745.08 ANNUAL RATE ADJUST: 0.000
LTV : 78.44055 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070824727 MORTGAGORS: LODWIG, RICHARD
LODWIG, SANDRA
ADDRESS : 8517 CHURCHILL DOWNS ROAD
MORTGAGE AMT: 316,000.00 CITY GAITHERSBUR
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 20882
UNPAID BALANCE: 316,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,155.68 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070826300 MORTGAGORS: GOODMON, BRIAN
PIERRE, CLAUDETTE
PIERRE, CLAUDETTE
ADDRESS : 286 GROVE STREET
MORTGAGE AMT: 326,750.00 CITY BELMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MA 02178
UNPAID BALANCE: 326,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,284.68 ANNUAL RATE ADJUST: 0.000
LTV : 94.98547 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070826334 MORTGAGORS: MOORE, VIRGIL
LAND MOORE, DAYLE
ADDRESS : 12650 LARCHMONT AVENUE
MORTGAGE AMT: 436,000.00 CITY SARATOGA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95070
UNPAID BALANCE: 436,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,974.29 ANNUAL RATE ADJUST: 0.000
LTV : 52.21557 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070826748 MORTGAGORS: BARNETT, ROBERT
CINELLI, MICHAEL
ADDRESS : 22 LATHAM STREET
MORTGAGE AMT: 236,000.00 CITY SAG HARBOR
:\
STATE/ZIP :\
LIFETIME RATE : 8.12500 NY 11963
UNPAID BALANCE: 236,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,752.29 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 8.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070827134 MORTGAGORS: ELLIOTT, DAVID
ADDRESS : 19 WEBB CREEK PLACE
MORTGAGE AMT: 286,320.00 CITY THE WOODLAN
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 TX 77382
UNPAID BALANCE: 286,320.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,857.07 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070827910 MORTGAGORS: ROSENBLATT, DANIEL
BARAN, JANICE
ADDRESS : 5493 KATHERINE AVE
MORTGAGE AMT: 288,000.00 CITY SHERMAN OAK
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91401
UNPAID BALANCE: 288,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,989.14 ANNUAL RATE ADJUST: 0.000
LTV : 77.83784 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070827928 MORTGAGORS: BELLO, EUSEBIO
BELLO, JULIANA
ADDRESS : 544 MILTON DRIVE
MORTGAGE AMT: 391,500.00 CITY SAN GABRIEL
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91775
UNPAID BALANCE: 391,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,094.32 ANNUAL RATE ADJUST: 0.000
LTV : 89.48571 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0070828678 MORTGAGORS: ROSENBERG, MARC
ADDRESS : 11 LASALLE ROAD
MORTGAGE AMT: 260,500.00 CITY MONTCLAIR
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NJ 07042
UNPAID BALANCE: 260,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,711.30 ANNUAL RATE ADJUST: 0.000
LTV : 71.36986 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070828892 MORTGAGORS: GROSS, CHERYL
HADEEN, CARL
ADDRESS : 5304 230TH STREET SOUTHWE
MORTGAGE AMT: 175,000.00 CITY MOUNTLAKE T
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 WA 98043
UNPAID BALANCE: 175,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,149.63 ANNUAL RATE ADJUST: 0.000
LTV : 91.14583 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070829072 MORTGAGORS: DEVINE, THOMAS
DEVINE, PATRICIA
ADDRESS : 11 TEODORA COURT
MORTGAGE AMT: 307,500.00 CITY MORAGA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94556
UNPAID BALANCE: 307,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,020.06 ANNUAL RATE ADJUST: 0.000
LTV : 47.30769 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070829155 MORTGAGORS: PARIS, DONALD
PARIS, LISA
ADDRESS : 9 TOBOGGAN HILL PATH
MORTGAGE AMT: 650,000.00 CITY COLD SPRING
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NY 11724
UNPAID BALANCE: 650,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,270.04 ANNUAL RATE ADJUST: 0.000
LTV : 53.06122 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070829296 MORTGAGORS: KARL, ROBERT
KARL, STACIE
ADDRESS : 30 WILDHEDGE LANE
MORTGAGE AMT: 332,000.00 CITY HOLMDEL
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 NJ 07733
UNPAID BALANCE: 332,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,378.49 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070830724 MORTGAGORS: BARTON, JON
BARTON, EMILY
ADDRESS : 925 E CHASE AVENUE
MORTGAGE AMT: 350,000.00 CITY EL CAJON
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 92020
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,477.28 ANNUAL RATE ADJUST: 0.000
LTV : 75.26882 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070831128 MORTGAGORS: YAMAKOSHI, JUNYA
YAMAKOSHI, HANAKO
ADDRESS : 12239 ALISON DRIVE
MORTGAGE AMT: 397,500.00 CITY CAMARILLO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 93012
UNPAID BALANCE: 397,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,745.43 ANNUAL RATE ADJUST: 0.000
LTV : 70.35398 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070831375 MORTGAGORS: KLEIN, RALPH
KLEIN, MERRYL
ADDRESS : 35 EAST 85TH STREET # 5C
MORTGAGE AMT: 350,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NY 10028
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,299.25 ANNUAL RATE ADJUST: 0.000
LTV : 36.84211 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070831466 MORTGAGORS: CZUBKOWSKI, STANLEY
CZUBKOWSKI, IZABELLE
ADDRESS : 22 MOUNT PLEASANT ROAD
MORTGAGE AMT: 130,000.00 CITY COLUMBIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NJ 07832
UNPAID BALANCE: 130,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 897.88 ANNUAL RATE ADJUST: 0.000
LTV : 48.50746 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070832233 MORTGAGORS: YOUNG, ROBERT
YOUNG, DEBORAH
ADDRESS : 1882 SHERIDAN AVE
MORTGAGE AMT: 529,700.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92103
UNPAID BALANCE: 529,700.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,658.51 ANNUAL RATE ADJUST: 0.000
LTV : 73.06207 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070834296 MORTGAGORS: KULIGOWSKI, MARK
KULIGOWSKI, TRACY
ADDRESS : 10 YOGANANDA STREET
MORTGAGE AMT: 364,000.00 CITY SANDY HOOK
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CT 06482
UNPAID BALANCE: 364,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,545.14 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070835012 MORTGAGORS: WITMER, RICHARD
SANTACROCE, TERESA
ADDRESS : 2540 1/2 FOOTHILL DRIVE
MORTGAGE AMT: 320,000.00 CITY VISTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92084
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,210.16 ANNUAL RATE ADJUST: 0.000
LTV : 72.72727 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070835574 MORTGAGORS: KIRZNER, JEFFREY
PETERS KIRZN, CHRISTINE
ADDRESS : 25 MINERS TRAIL
MORTGAGE AMT: 249,800.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92720
UNPAID BALANCE: 249,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,704.08 ANNUAL RATE ADJUST: 0.000
LTV : 79.30159 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070836028 MORTGAGORS: SPIRO, STEVEN
ADDRESS : 155 W 20 ST 2-F
MORTGAGE AMT: 79,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NY 10011
UNPAID BALANCE: 79,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 545.63 ANNUAL RATE ADJUST: 0.000
LTV : 64.75410 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070836689 MORTGAGORS: GOLNER, GERALD
ADDRESS : 6418 NORTH 28TH STREET
MORTGAGE AMT: 349,950.00 CITY PHOENIX
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 AZ 85016
UNPAID BALANCE: 349,950.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,417.02 ANNUAL RATE ADJUST: 0.000
LTV : 71.41837 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070838594 MORTGAGORS: NIELSEN, MARK
NIELSEN, LORELEI
ADDRESS : 1495 MONTANA SERENA COURT
MORTGAGE AMT: 375,000.00 CITY EL CAJON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92021
UNPAID BALANCE: 375,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,590.03 ANNUAL RATE ADJUST: 0.000
LTV : 68.18182 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070838701 MORTGAGORS: BURICA, TIMOTHY
ADDRESS : 235 EAST 22ND STREET 10Q
MORTGAGE AMT: 94,500.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 NY 10010
UNPAID BALANCE: 94,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 685.19 ANNUAL RATE ADJUST: 0.000
LTV : 70.00000 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070839410 MORTGAGORS: CARPER, KYLE
ADDRESS : 14581 WATERVIEW CIRCLE
MORTGAGE AMT: 150,000.00 CITY ADDISON
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 TX 75001
UNPAID BALANCE: 150,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 960.47 ANNUAL RATE ADJUST: 0.000
LTV : 73.17073 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070842646 MORTGAGORS: LEE, SHI
LEE, JENNY
ADDRESS : 933 24TH STREET
MORTGAGE AMT: 277,600.00 CITY HERMOSA BEA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90254
UNPAID BALANCE: 277,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,870.24 ANNUAL RATE ADJUST: 0.000
LTV : 61.96429 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070842737 MORTGAGORS: COULTER, GREGORY
COULTER, SILVIJA
ADDRESS : 20630 NE 28TH COURT
MORTGAGE AMT: 481,500.00 CITY REDMOND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98053
UNPAID BALANCE: 481,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,203.43 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070844691 MORTGAGORS: LEE, EDMUND
HU, LINDA
ADDRESS : 143 MATISSE CIRCLE
MORTGAGE AMT: 143,000.00 CITY ALISO VIEJO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92656
UNPAID BALANCE: 143,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 975.51 ANNUAL RATE ADJUST: 0.000
LTV : 62.99559 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070844741 MORTGAGORS: MANESE, DARIO
MANESE, LIZA
ADDRESS : 18915 EAST LANGSTON PLACE
MORTGAGE AMT: 251,250.00 CITY ROWLAND HEI
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91748
UNPAID BALANCE: 251,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,692.72 ANNUAL RATE ADJUST: 0.000
LTV : 72.40634 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070845425 MORTGAGORS: EMARD, WAYNE
EMARD, LAURA
ADDRESS : 171 LARK LANE
MORTGAGE AMT: 412,500.00 CITY MILL VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94941
UNPAID BALANCE: 412,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,779.09 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070845755 MORTGAGORS: CAYLEY, PAUL
LACH, BARBARA
ADDRESS : 4416 192ND PLACE SE
MORTGAGE AMT: 264,000.00 CITY ISSAQUAH
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 WA 98027
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,734.29 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070847231 MORTGAGORS: FLOYD, LARRY
FLOYD, NANCY
ADDRESS : 2525 S REIF ROAD
MORTGAGE AMT: 500,000.00 CITY POWELL BUTT
:\
STATE/ZIP :\
LIFETIME RATE : 8.25000 OR 97753
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,756.33 ANNUAL RATE ADJUST: 0.000
LTV : 76.92308 OUTSIDE CONV DATE:
CURRENT INT 8.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070847850 MORTGAGORS: O BRIEN, THOMAS
O BRIEN, SHAROYN
ADDRESS : 28 CHOATE STREET
MORTGAGE AMT: 275,500.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92620
UNPAID BALANCE: 275,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,879.40 ANNUAL RATE ADJUST: 0.000
LTV : 77.60563 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070847900 MORTGAGORS: WITTE, DAVID
WITTE, LLIAN
ADDRESS : 23 SWAN ISLE BOULEVARD
MORTGAGE AMT: 453,300.00 CITY MISSOURI CI
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 TX 77459
UNPAID BALANCE: 453,300.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,092.31 ANNUAL RATE ADJUST: 0.000
LTV : 69.73846 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070848536 MORTGAGORS: ADELBERG, JOEL
ADELBERG, DEBORAH
ADDRESS : 2 BYRAM RIDGE ROAD
MORTGAGE AMT: 294,000.00 CITY ARMONK
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 NY 10504
UNPAID BALANCE: 294,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,906.88 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070848817 MORTGAGORS: HAGAN, DAVID
BERGEN, JANE
ADDRESS : 28 CANTERBURY LANE
MORTGAGE AMT: 480,000.00 CITY WESTFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07090
UNPAID BALANCE: 480,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,274.45 ANNUAL RATE ADJUST: 0.000
LTV : 78.30343 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070848890 MORTGAGORS: CLARKE, AMANDA
ADDRESS : 1040 BRODERICK STREET
MORTGAGE AMT: 464,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 94115
UNPAID BALANCE: 464,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,284.16 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070849112 MORTGAGORS: COMER, KEVIN
ADDRESS : 99 JANE STREET
MORTGAGE AMT: 636,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NY 10014
UNPAID BALANCE: 636,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,392.69 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070849401 MORTGAGORS: BARTLETT, THOMAS
ADDRESS : 180 TURN OF RIVER ROAD
MORTGAGE AMT: 272,000.00 CITY STAMFORD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CT 06905
UNPAID BALANCE: 272,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,855.52 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070849773 MORTGAGORS: CORVIN, STUART
ADDRESS : 4 ROLLING HILLS ROAD
MORTGAGE AMT: 735,000.00 CITY TIBURON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94920
UNPAID BALANCE: 735,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 5,076.46 ANNUAL RATE ADJUST: 0.000
LTV : 49.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0070850102 MORTGAGORS: DANTAS, PAUL
DANTAS, LEONORA
ADDRESS : 01544 SW MARY FAILING COU
MORTGAGE AMT: 360,000.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 OR 97219
UNPAID BALANCE: 360,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,395.09 ANNUAL RATE ADJUST: 0.000
LTV : 46.15385 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070850193 MORTGAGORS: FINN, M
FINN, BETH
ADDRESS : 5528 CAMINITO VISTA LUJO
MORTGAGE AMT: 404,800.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92130
UNPAID BALANCE: 404,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,795.85 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070850284 MORTGAGORS: MCKINNEY, RICHARD
ADDRESS : 1310 CALIFORNIA AVE SW
MORTGAGE AMT: 294,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 8.00000 WA 98116
UNPAID BALANCE: 294,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,157.27 ANNUAL RATE ADJUST: 0.000
LTV : 44.21053 OUTSIDE CONV DATE:
CURRENT INT 8.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070850300 MORTGAGORS: PARRY, JULIA
RUDASHEVSKY, SERGE
ADDRESS : 802 NORTH RIOS AVENUE
MORTGAGE AMT: 656,100.00 CITY SOLANA BEAC
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 92075
UNPAID BALANCE: 656,100.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,700.38 ANNUAL RATE ADJUST: 0.000
LTV : 79.98986 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0070850441 MORTGAGORS: CHADO, STEVEN
CHADO, BEVERLY
ADDRESS : 8210 SKIPWITH DRIVE
MORTGAGE AMT: 273,000.00 CITY FREDERICK
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MD 21702
UNPAID BALANCE: 273,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,951.33 ANNUAL RATE ADJUST: 0.000
LTV : 88.92508 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/24
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:114
--------------------------------------------------------------------------------
LN # 0070851613 MORTGAGORS: HOLMGREN, MICHAEL
HOLMGREN, NINA
ADDRESS : 27 BIRCH COURT
MORTGAGE AMT: 454,400.00 CITY RIDGEFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CT 06877
UNPAID BALANCE: 454,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,061.38 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070851696 MORTGAGORS: HOFFMAN, PETER
HOFFMAN, GLORIA
ADDRESS : 5401 SEASHORE DRIVE
MORTGAGE AMT: 416,000.00 CITY NEWPORT BEA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92663
UNPAID BALANCE: 416,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,802.67 ANNUAL RATE ADJUST: 0.000
LTV : 34.66667 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070852439 MORTGAGORS: GRIFFIN, TIMOTHY
GRIFFIN, BARBARA
ADDRESS : 3014 SIMAS AVENUE
MORTGAGE AMT: 180,500.00 CITY PINOLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94564
UNPAID BALANCE: 180,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,262.08 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070852538 MORTGAGORS: NEILS, TERRY
NEILS, HELEN
ADDRESS : 2106 28TH STREET
MORTGAGE AMT: 100,000.00 CITY ANACORTES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98221
UNPAID BALANCE: 100,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 665.30 ANNUAL RATE ADJUST: 0.000
LTV : 38.46154 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070852611 MORTGAGORS: CHALAKA, SRIDAR
WANG, JESSICA
ADDRESS : 916 GRAND AVENUE
MORTGAGE AMT: 415,000.00 CITY EVERETT
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 WA 98201
UNPAID BALANCE: 415,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,726.25 ANNUAL RATE ADJUST: 0.000
LTV : 76.14679 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070852678 MORTGAGORS: IVARSON, ERIC
IVARSON, DIANA
ADDRESS : 4503 141ST AVENUE SE
MORTGAGE AMT: 318,750.00 CITY BELLEVUE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WA 98006
UNPAID BALANCE: 318,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,147.48 ANNUAL RATE ADJUST: 0.000
LTV : 73.61432 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070852983 MORTGAGORS: BEVIS, GREGORY
BEVIS, MARY
ADDRESS : 3911 N. ROBERTS LANE
MORTGAGE AMT: 320,000.00 CITY ARLINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 VA 22207
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,128.97 ANNUAL RATE ADJUST: 0.000
LTV : 60.95238 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070853387 MORTGAGORS: ZEITLIN, ANDREW
LOEB ZEITLIN, SUSAN
ADDRESS : 201 COUNTRY RIDGE DRIVE
MORTGAGE AMT: 449,000.00 CITY RYE BROOK
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NY 10573
UNPAID BALANCE: 449,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,987.21 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070853726 MORTGAGORS: SCOTT, JACQUELINE
ADDRESS : 634 OVERTON BROOKS ROAD
MORTGAGE AMT: 360,000.00 CITY SHREVEPORT
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 LA 71106
UNPAID BALANCE: 359,712.110 OPTION TO CONVERT : No
MONTHLY P&I: 2,425.39 ANNUAL RATE ADJUST: 0.000
LTV : 49.65517 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070853734 MORTGAGORS: SHARPLES, DONALD
SHARPLES, DIANNE
ADDRESS : 16614 AVENUE 320
MORTGAGE AMT: 260,000.00 CITY VISALIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 93292
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,795.76 ANNUAL RATE ADJUST: 0.000
LTV : 77.15134 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070853999 MORTGAGORS: SMALL, STEPHEN
ADDRESS : 10592 LINDBROOK DRIVE
MORTGAGE AMT: 650,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 90024
UNPAID BALANCE: 650,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,544.89 ANNUAL RATE ADJUST: 0.000
LTV : 75.58140 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070854195 MORTGAGORS: FELGAR, DONALD
KIM FELGAR, S
ADDRESS : 28415 SE ISSAQUAH FALL CI
MORTGAGE AMT: 400,000.00 CITY FALL CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WA 98024
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,728.71 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070854492 MORTGAGORS: PETERSON, GLORIA
ADDRESS : 301 EAST 64TH STREET #10G
MORTGAGE AMT: 220,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NY 10021
UNPAID BALANCE: 220,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,519.49 ANNUAL RATE ADJUST: 0.000
LTV : 50.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070854526 MORTGAGORS: YOUNG, RICHARD
VASALY, ANN
ADDRESS : 34 WILLOW ROAD
MORTGAGE AMT: 280,000.00 CITY WELLESLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 02482
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,886.41 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070854682 MORTGAGORS: GILLINGHAM, DAVID
GILLINGHAM, SUSAN
ADDRESS : 649 POMONA AVENUE
MORTGAGE AMT: 475,000.00 CITY CORONADO
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92118
UNPAID BALANCE: 475,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,120.41 ANNUAL RATE ADJUST: 0.000
LTV : 52.77778 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070854732 MORTGAGORS: MITCHEFF, TARI
ADDRESS : 16449 SOUTH PINE HILL DRI
MORTGAGE AMT: 285,000.00 CITY LOCKPORT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60441
UNPAID BALANCE: 285,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,209.60 ANNUAL RATE ADJUST: 0.000
LTV : 65.66820 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0070855184 MORTGAGORS: MASSEY, HAROLD
MASSEY, MARY
ADDRESS : 3028 FLEMING AVE
MORTGAGE AMT: 50,400.00 CITY LOUISVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 KY 40206
UNPAID BALANCE: 50,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 339.55 ANNUAL RATE ADJUST: 0.000
LTV : 68.10811 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070855424 MORTGAGORS: RUBIN, CRAIG
RUBIN, ELLEN
ADDRESS : 19136 GAYLE PLACE
MORTGAGE AMT: 285,200.00 CITY TARZANA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91356
UNPAID BALANCE: 285,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,897.44 ANNUAL RATE ADJUST: 0.000
LTV : 60.04211 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070855929 MORTGAGORS: OWN, WU PING
OWN, CHIN SHUE
ADDRESS : 1901 W 238TH STREET
MORTGAGE AMT: 300,000.00 CITY TORRANCE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90501
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,072.03 ANNUAL RATE ADJUST: 0.000
LTV : 63.15789 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070856000 MORTGAGORS: REARWIN, STEPHEN
REARWIN, COLLEEN
ADDRESS : 4225 BAYARD STREET
MORTGAGE AMT: 291,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92109
UNPAID BALANCE: 291,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,985.13 ANNUAL RATE ADJUST: 0.000
LTV : 66.13636 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070856125 MORTGAGORS: CAMPOLO, BART
CAMPOLO, MARTHA
ADDRESS : 4840 CEDAR AVENUE
MORTGAGE AMT: 110,000.00 CITY PHILA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 PA 19143
UNPAID BALANCE: 110,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 722.62 ANNUAL RATE ADJUST: 0.000
LTV : 79.71014 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070856240 MORTGAGORS: DIBENEDETTO, GREG
DIBENEDETTO, ANNA
ADDRESS : 612 SEACLIFF DRIVE
MORTGAGE AMT: 364,000.00 CITY APTOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 95003
UNPAID BALANCE: 364,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,576.37 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070856513 MORTGAGORS: RIEHL, THEODORE
RIEHL, MARY
ADDRESS : 16650 S HOLCOMB BLVD
MORTGAGE AMT: 265,000.00 CITY OREGON CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 OR 97045
UNPAID BALANCE: 265,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,807.77 ANNUAL RATE ADJUST: 0.000
LTV : 53.53535 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070856554 MORTGAGORS: LIRA, DAVID
ADDRESS : 420 S HILL AVENUE
MORTGAGE AMT: 476,000.00 CITY PASADENA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91105
UNPAID BALANCE: 476,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,126.98 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070856620 MORTGAGORS: MOFFATT, TYSON
MOFFATT, LINDA
ADDRESS : 4562 SALUTO COURT
MORTGAGE AMT: 311,500.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92130
UNPAID BALANCE: 311,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,072.42 ANNUAL RATE ADJUST: 0.000
LTV : 64.89583 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070856745 MORTGAGORS: HALLSMAN, MARK
HALLSMAN, ASHLEY
ADDRESS : 14 CORAL REEF
MORTGAGE AMT: 618,750.00 CITY NEWPORT COA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92657
UNPAID BALANCE: 618,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,220.97 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070856919 MORTGAGORS: CARR, F
CARR, KATHERINE
ADDRESS : 902 17TH AVENUE EAST
MORTGAGE AMT: 605,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98112
UNPAID BALANCE: 605,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,690.56 ANNUAL RATE ADJUST: 0.000
LTV : 69.14286 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0070856935 MORTGAGORS: WISMANN, ROBERT
ADDRESS : 1963 VANGUARD DRIVE
MORTGAGE AMT: 296,000.00 CITY CAMARILLO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 93010
UNPAID BALANCE: 296,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,044.40 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070857099 MORTGAGORS: CARYL, CRAIG
ADDRESS : 1224 1228 22ND STREET
MORTGAGE AMT: 432,000.00 CITY SANTA MONIC
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90403
UNPAID BALANCE: 432,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,983.72 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070857198 MORTGAGORS: BRUCE, DAVID
LA PIERRE, SHARON
ADDRESS : 483 COUNTY ROAD 693
MORTGAGE AMT: 400,000.00 CITY GRAND LAKE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CO 80447
UNPAID BALANCE: 399,687.960 OPTION TO CONVERT : No
MONTHLY P&I: 2,728.71 ANNUAL RATE ADJUST: 0.000
LTV : 68.96552 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070857362 MORTGAGORS: WELLER, BRION
WELLER, CAROLYN
ADDRESS : 21554 1ST CT S
MORTGAGE AMT: 296,000.00 CITY NORMANDY PA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WA 98198
UNPAID BALANCE: 296,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,019.24 ANNUAL RATE ADJUST: 0.000
LTV : 72.19512 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070857800 MORTGAGORS: KINNEY, KENNETH
KINNEY, BETTY
ADDRESS : 20 GREENSPRING
MORTGAGE AMT: 288,000.00 CITY TRABUCO CAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92679
UNPAID BALANCE: 288,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,940.31 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070857859 MORTGAGORS: DYER, MICHAEL
DYER, HEATHER
ADDRESS : 60 WESTMONT
MORTGAGE AMT: 300,000.00 CITY AVON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CT 06001
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,097.64 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070858030 MORTGAGORS: HUYSING, PETER
WOO, DAWN
ADDRESS : 2659 230TH AVENUE SE
MORTGAGE AMT: 307,000.00 CITY ISSAQUAH
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WA 98029
UNPAID BALANCE: 307,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,068.32 ANNUAL RATE ADJUST: 0.000
LTV : 76.36816 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070858139 MORTGAGORS: KRIEGER, JOHN
SAMOLS, JACQUELINE
ADDRESS : 100 NORTH HARPER AVENUE
MORTGAGE AMT: 496,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90048
UNPAID BALANCE: 495,622.580 OPTION TO CONVERT : No
MONTHLY P&I: 3,425.75 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070858162 MORTGAGORS: JOHNSON, CHRISTOPHE
ADDRESS : 34036 EL ENCANTO AVENUE
MORTGAGE AMT: 272,000.00 CITY DANA POINT
:\
STATE/ZIP :\
LIFETIME RATE : 8.12500 CA 92629
UNPAID BALANCE: 272,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,019.59 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 8.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070858352 MORTGAGORS: HART, L
HART, TERESA
ADDRESS : 12963 S IRON MOUNTAIN BLV
MORTGAGE AMT: 489,900.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 OR 97219
UNPAID BALANCE: 489,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,383.62 ANNUAL RATE ADJUST: 0.000
LTV : 74.22727 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070859210 MORTGAGORS: GREENBLATT, JANE
DIFEDE, MICHAEL
ADDRESS : 85 KENT PLACE BLVD
MORTGAGE AMT: 384,000.00 CITY SUMMIT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 07901
UNPAID BALANCE: 384,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,554.76 ANNUAL RATE ADJUST: 0.000
LTV : 75.29412 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070859269 MORTGAGORS: PETERS, JOHN
PETERS, ROBIN
ADDRESS : 53 RUDDOCK ROAD
MORTGAGE AMT: 467,000.00 CITY SUDBURY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MA 01776
UNPAID BALANCE: 467,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,185.76 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070859335 MORTGAGORS: MCGOVERN, JOHN
ADDRESS : 949 WHITE PLAINS POST ROA
MORTGAGE AMT: 356,000.00 CITY SCARSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NY 10583
UNPAID BALANCE: 356,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,458.80 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070859384 MORTGAGORS: BLANC, ERICK
Blanc, Honorire
BLANC, HONORINE
ADDRESS : 121 DEVONSHIRE ROAD
MORTGAGE AMT: 346,800.00 CITY LARCHMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NY 10538
UNPAID BALANCE: 346,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,688.74 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0070859418 MORTGAGORS: LYDZINSKI, AVA
ADDRESS : 5 ANN COURT
MORTGAGE AMT: 160,000.00 CITY WALLINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 07057
UNPAID BALANCE: 160,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,064.48 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070859533 MORTGAGORS: WEISS, JOSEPH
WEISS, MICHELE
ADDRESS : 51 BIRCHWOOD RD
MORTGAGE AMT: 124,000.00 CITY NORTH ARLIN
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NJ 07031
UNPAID BALANCE: 124,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 814.59 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070859558 MORTGAGORS: PERNICK, GLENN
PERNICK, KERRI
ADDRESS : 22 WOODCLIFF AVENUE
MORTGAGE AMT: 260,900.00 CITY WOODCLIFF L
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07675
UNPAID BALANCE: 260,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,757.73 ANNUAL RATE ADJUST: 0.000
LTV : 89.99655 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070859657 MORTGAGORS: MARTIN, CYNTHIA
KADET, HESSP
KADET, HESSA
ADDRESS : 215 GROVE STREET
MORTGAGE AMT: 290,000.00 CITY CAMBRIDGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MA 02138
UNPAID BALANCE: 290,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,978.31 ANNUAL RATE ADJUST: 0.000
LTV : 59.18367 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070859723 MORTGAGORS: RACANELLI, MICHAEL
RACANELLI, LAURA
ADDRESS : 14 EDMOND STREET
MORTGAGE AMT: 476,500.00 CITY DARIEN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CT 06820
UNPAID BALANCE: 476,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,170.17 ANNUAL RATE ADJUST: 0.000
LTV : 79.95637 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070860416 MORTGAGORS: ICHINOSE, CRAIG
ICHINOSE, NAOMI
ADDRESS : 27535 FAWNSKIN DRIVE
MORTGAGE AMT: 360,000.00 CITY RANCHO PALO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90275
UNPAID BALANCE: 360,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,425.39 ANNUAL RATE ADJUST: 0.000
LTV : 72.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070860689 MORTGAGORS: CORCORAN, THOMAS
CORCORAN, LINE
ADDRESS : 85 MEREDITH CIRCLE
MORTGAGE AMT: 300,000.00 CITY MILTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02186
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 60.60606 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070860879 MORTGAGORS: LOTSOFF, JONATHAN
LOTSOFF, ANNE
ADDRESS : 207 HAWTHORNE
MORTGAGE AMT: 270,000.00 CITY ELMHURST
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60126
UNPAID BALANCE: 270,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,796.32 ANNUAL RATE ADJUST: 0.000
LTV : 71.05263 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070861273 MORTGAGORS: BOYD, D
ADDRESS : 39 MOHAWK LANE
MORTGAGE AMT: 1,100,000.00 CITY GREENWICH
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CT 06831
UNPAID BALANCE: 1,100,000. OPTION TO CONVERT : No
000
MONTHLY P&I: 7,691.36 ANNUAL RATE ADJUST: 0.000
LTV : 63.58382 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0070862172 MORTGAGORS: EDNIE, PATRICIA
PARSONS, ROBERT
ADDRESS : 37 FAIRWAYS EDGE DRIVE
MORTGAGE AMT: 275,000.00 CITY MARSHFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MA 02050
UNPAID BALANCE: 275,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,899.36 ANNUAL RATE ADJUST: 0.000
LTV : 77.46479 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070862248 MORTGAGORS: GOMEZ, HOWARD
ADDRESS : 7830 CAMINO REAL
MORTGAGE AMT: 49,500.00 CITY MIAMI
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 FL 33143
UNPAID BALANCE: 49,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 358.91 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070862495 MORTGAGORS: DANG, TUAN
VUONG, THUY
ADDRESS : 3326 FAMILLE COURT
MORTGAGE AMT: 350,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95135
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,328.56 ANNUAL RATE ADJUST: 0.000
LTV : 59.82906 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070862503 MORTGAGORS: DANIEL, PETER
ADDRESS : 40 HANCOCK LANE
MORTGAGE AMT: 650,000.00 CITY DARIEN
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 CT 06820
UNPAID BALANCE: 650,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,162.02 ANNUAL RATE ADJUST: 0.000
LTV : 50.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070862552 MORTGAGORS: Geers, Timothy
GEERS, CANDICE
ADDRESS : 166 Greenhill Road
MORTGAGE AMT: 260,000.00 CITY WESTWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MA 02090
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,773.66 ANNUAL RATE ADJUST: 0.000
LTV : 74.50000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070862578 MORTGAGORS: RUESS, BRIAN
RUESS, NATASHA
ADDRESS : 115 SW KINGSTON AVENUE
MORTGAGE AMT: 300,000.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 OR 97201
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,920.93 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070862594 MORTGAGORS: LOCKE, GEORGE
LOCKE, ALISON
ADDRESS : 16462 BARNSTABLE CIRCLE
MORTGAGE AMT: 650,000.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 92649
UNPAID BALANCE: 650,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,600.66 ANNUAL RATE ADJUST: 0.000
LTV : 68.06283 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070862651 MORTGAGORS: CALLAHAN, MARY
CALLAHAN, J
ADDRESS : 310 SWEETBRIER ROAD
MORTGAGE AMT: 427,000.00 CITY HAILEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 ID 83333
UNPAID BALANCE: 427,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,985.65 ANNUAL RATE ADJUST: 0.000
LTV : 70.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070862842 MORTGAGORS: BAILEY, HENRY
BAILEY, ROSE
ADDRESS : 10124 PHAETON DRIVE
MORTGAGE AMT: 279,000.00 CITY EDEN PRAIRI
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 MN 55347
UNPAID BALANCE: 279,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,974.74 ANNUAL RATE ADJUST: 0.000
LTV : 64.58333 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070862859 MORTGAGORS: HARTOG, NICHOLAS
ADDRESS : 685 VISTA BONITA
MORTGAGE AMT: 264,000.00 CITY NEWPORT BEA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92660
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,778.62 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070862867 MORTGAGORS: TURNER HERIN, JAN
ADDRESS : 1303 BAYSIDE DRIVE
MORTGAGE AMT: 500,000.00 CITY CORONA DEL
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92625
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,496.07 ANNUAL RATE ADJUST: 0.000
LTV : 58.82353 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070864525 MORTGAGORS: FIEDLER, ROBERT
FIEDLER, HILDA
FIEDLER, HILDA
ADDRESS : 1020 CUMBERLAND ROAD
MORTGAGE AMT: 300,000.00 CITY GLENDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91202
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070864723 MORTGAGORS: FORD, LUCY
ADDRESS : 4236 VIA PINZON
MORTGAGE AMT: 267,000.00 CITY PALOS VERDE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90274
UNPAID BALANCE: 267,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,821.41 ANNUAL RATE ADJUST: 0.000
LTV : 35.13158 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070864897 MORTGAGORS: FULLERTON, ERIC
FULLERTON, JEANNE
ADDRESS : 17212 QUAIL COURT
MORTGAGE AMT: 400,000.00 CITY MORGAN HILL
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 95037
UNPAID BALANCE: 399,663.950 OPTION TO CONVERT : No
MONTHLY P&I: 2,627.72 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070865225 MORTGAGORS: SHON, KATHRYN
ADDRESS : 1930 VIA DEL REY
MORTGAGE AMT: 347,200.00 CITY SOUTH PASAD
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 91030
UNPAID BALANCE: 347,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,427.67 ANNUAL RATE ADJUST: 0.000
LTV : 74.66667 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070865241 MORTGAGORS: SKERLAK, MICHAEL
SKERLAK, JILL
ADDRESS : 25215 234TH AVE SE
MORTGAGE AMT: 301,450.00 CITY MAPLE VALLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WA 98038
UNPAID BALANCE: 301,450.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,030.92 ANNUAL RATE ADJUST: 0.000
LTV : 89.99851 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070865423 MORTGAGORS: ANDERSON, JAMES
ANDERSON, CHIUNG
ADDRESS : 4 N 760 HONEYHILL CIRCLE
MORTGAGE AMT: 425,700.00 CITY WAYNE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 60184
UNPAID BALANCE: 425,700.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,904.02 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070865548 MORTGAGORS: ALVAREZ, IVAN
ADDRESS : 241 NORTH SHORE DRIVE
MORTGAGE AMT: 355,500.00 CITY Miami Beach
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 FL 33141
UNPAID BALANCE: 355,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,455.35 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070866587 MORTGAGORS: WESTERLING, GORDON
WESTERLING, CLERRY
ADDRESS : 1118 3RD STREET
MORTGAGE AMT: 350,000.00 CITY SANTA MONIC
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 90403
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,477.28 ANNUAL RATE ADJUST: 0.000
LTV : 79.54545 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070866983 MORTGAGORS: GOLDMAN, HEATH
GOLDMAN, HEATH
GOLDMAN, WENDY
ADDRESS : 5057 MATILIJA AVENUE
MORTGAGE AMT: 300,000.00 CITY VAN NUYS
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 91423
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,097.64 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070867411 MORTGAGORS: STAIB, KATHERINE
STAIB, CHRISTOPHE
ADDRESS : 11370 MATTESON AVENUE
MORTGAGE AMT: 212,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90066
UNPAID BALANCE: 212,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,428.28 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070868708 MORTGAGORS: MANIER, LINTON
MANIER, BARBARA
ADDRESS : 5230 ALMAR STREET
MORTGAGE AMT: 140,000.00 CITY RIVERSIDE
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 92505
UNPAID BALANCE: 140,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,002.98 ANNUAL RATE ADJUST: 0.000
LTV : 93.33333 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070869086 MORTGAGORS: BREWTON, GARY
BREWTON, JANN
ADDRESS : 2343 MCALLISTER STREET
MORTGAGE AMT: 237,300.00 CITY RIVERSIDE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92503
UNPAID BALANCE: 237,300.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,598.73 ANNUAL RATE ADJUST: 0.000
LTV : 35.41791 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070869110 MORTGAGORS: HALLOWELL, WILLIAM
ADDRESS : 1088 HARD PINCH ROAD
MORTGAGE AMT: 85,500.00 CITY MONCKS CORN
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 SC 29461
UNPAID BALANCE: 85,426.390 OPTION TO CONVERT : No
MONTHLY P&I: 554.55 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070870191 MORTGAGORS: SMITH, KENNETH
SMITH, JOZELLE
ADDRESS : 10725 GARLAND DRIVE
MORTGAGE AMT: 432,000.00 CITY CULVER CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 90232
UNPAID BALANCE: 432,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,057.67 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070871264 MORTGAGORS: PALMER, SAMUEL
PALMER, ROSEMARY
ADDRESS : 106 110 HIGH DRIVE
MORTGAGE AMT: 355,500.00 CITY LAGUNA BEAC
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92651
UNPAID BALANCE: 355,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,425.14 ANNUAL RATE ADJUST: 0.000
LTV : 79.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070871918 MORTGAGORS: CERCONE, MICHAEL
CERCONE, CHRISTIE
ADDRESS : 7183 NE WILLIAM RODGERS R
MORTGAGE AMT: 435,000.00 CITY INDIANOLA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WA 98342
UNPAID BALANCE: 435,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,967.47 ANNUAL RATE ADJUST: 0.000
LTV : 64.44444 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070872536 MORTGAGORS: REIFF, MORRIE
REIFF, JONI
ADDRESS : 25906 RICHMOND COURT
MORTGAGE AMT: 756,250.00 CITY CALABASAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91302
UNPAID BALANCE: 756,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 5,095.00 ANNUAL RATE ADJUST: 0.000
LTV : 68.75000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0070872684 MORTGAGORS: MUNZ, RUPERT
MUNZ, JANET
ADDRESS : 63 ELM STREET
MORTGAGE AMT: 300,000.00 CITY FLORHAM PAR
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 NJ 07932
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,097.64 ANNUAL RATE ADJUST: 0.000
LTV : 70.58824 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070872742 MORTGAGORS: VERBITSKY, VLADIMIR
VERBITSKY, ELENA
ADDRESS : 11 SKYVIEW CIRCLE
MORTGAGE AMT: 350,000.00 CITY NEWTON CENT
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MA 02459
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,447.25 ANNUAL RATE ADJUST: 0.000
LTV : 46.66667 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070872924 MORTGAGORS: SHRADER, STEPHEN
SHRADER, CHRISTINE
ADDRESS : 4907 S BAYVIEW ROAD
MORTGAGE AMT: 331,200.00 CITY LANGLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98260
UNPAID BALANCE: 331,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,203.48 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070873161 MORTGAGORS: DIAMOND, ROGER
DIAMOND, MARINI
DIAMOND, MARNI
ADDRESS : 28 KETCH STREET
MORTGAGE AMT: 415,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90292
UNPAID BALANCE: 415,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,761.01 ANNUAL RATE ADJUST: 0.000
LTV : 63.84615 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070873708 MORTGAGORS: MARTINEZ, LUKE
VILLANUEVA, OLIVE
VILLANUEVA, OLIVE
MARTINEZ, ROMELIA
ADDRESS : 1104 WEST CRESTON STREET
MORTGAGE AMT: 94,500.00 CITY SANTA MARIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 93454
UNPAID BALANCE: 94,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 628.71 ANNUAL RATE ADJUST: 0.000
LTV : 76.82927 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070874193 MORTGAGORS: SHERR, SCOTT
ADDRESS : 1840 VETERAN AVENUE
MORTGAGE AMT: 255,200.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90025
UNPAID BALANCE: 255,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,697.85 ANNUAL RATE ADJUST: 0.000
LTV : 79.75000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070874235 MORTGAGORS: MAK, JOSEPH
MAK, BRANDA
ADDRESS : 18 MAPLE WAY
MORTGAGE AMT: 327,800.00 CITY SAN CARLOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94070
UNPAID BALANCE: 327,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,208.45 ANNUAL RATE ADJUST: 0.000
LTV : 59.60000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070874276 MORTGAGORS: CHAU, THOMAS
TRAN, LISA
ADDRESS : 192 CHAMA WAY
MORTGAGE AMT: 300,000.00 CITY FREMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94539
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,021.16 ANNUAL RATE ADJUST: 0.000
LTV : 73.34963 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070875109 MORTGAGORS: LIN, PATRICIA
ADDRESS : 4308 SOUTHWEST HOLDEN STR
MORTGAGE AMT: 185,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WA 98136
UNPAID BALANCE: 185,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,246.38 ANNUAL RATE ADJUST: 0.000
LTV : 79.39914 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070875190 MORTGAGORS: LAW, NEAL
LAW, ROBERTA
ADDRESS : 6324 SOFT THUNDER TRAIL
MORTGAGE AMT: 283,500.00 CITY COLUMBIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MD 21045
UNPAID BALANCE: 283,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,958.06 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070875224 MORTGAGORS: DOLAN, KEVIN
DOLAN, MARGARET
ADDRESS : 1101 BERKELEY ROAD
MORTGAGE AMT: 660,000.00 CITY WILMINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 8.37500 DE 19807
UNPAID BALANCE: 660,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 5,016.48 ANNUAL RATE ADJUST: 0.000
LTV : 57.39130 OUTSIDE CONV DATE:
CURRENT INT 8.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0070875927 MORTGAGORS: LIND, ROBERT
HURLEY, ELLEN
ADDRESS : 10217 HADLEY AVENUE
MORTGAGE AMT: 341,600.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91324
UNPAID BALANCE: 341,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,301.42 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070876578 MORTGAGORS: FITZPATRICK, WILLIAM
ADDRESS : 15-17 HILLSIDE RD
MORTGAGE AMT: 340,000.00 CITY NEWTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02456
UNPAID BALANCE: 340,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,262.03 ANNUAL RATE ADJUST: 0.000
LTV : 65.89147 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070877055 MORTGAGORS: TAYLOR, BRUCE
ADDRESS : 8215 BOX DRIVE
MORTGAGE AMT: 499,999.00 CITY BALTIMORE
:\
STATE/ZIP :\
LIFETIME RATE : 8.25000 MD 21226
UNPAID BALANCE: 499,999.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,756.33 ANNUAL RATE ADJUST: 0.000
LTV : 79.36492 OUTSIDE CONV DATE:
CURRENT INT 8.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070877964 MORTGAGORS: SONG, CHULHO
ADDRESS : 1656 WILLOW STREET
MORTGAGE AMT: 245,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92106
UNPAID BALANCE: 245,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,692.15 ANNUAL RATE ADJUST: 0.000
LTV : 31.61290 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070878798 MORTGAGORS: TANG, THOMAS
CHEUNG, TING
ADDRESS : 3106 PASEO ROBLES
MORTGAGE AMT: 351,200.00 CITY PLEASANTON
:\
STATE/ZIP :\
LIFETIME RATE : 8.12500 CA 94566
UNPAID BALANCE: 351,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,607.65 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 8.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070879184 MORTGAGORS: MALESIS, STEVEN
MALESIS, CORINNE
ADDRESS : 1002 184TH AVENUE COURT E
MORTGAGE AMT: 264,000.00 CITY SUMNER
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 WA 98390
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,690.42 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070879499 MORTGAGORS: ATIENZA, MANUEL
ATIENZA, BENEDICTA
ADDRESS : 25032 VIA ELEVADO
MORTGAGE AMT: 264,000.00 CITY DANA POINT
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92629
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,800.95 ANNUAL RATE ADJUST: 0.000
LTV : 58.02198 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070879895 MORTGAGORS: , KENYON
BROWN, MICHEAL
ADDRESS : 100 RATTO ROAD
MORTGAGE AMT: 330,000.00 CITY ALAMEDA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94502
UNPAID BALANCE: 330,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,167.87 ANNUAL RATE ADJUST: 0.000
LTV : 72.21007 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070881628 MORTGAGORS: DUFRESNE, JOHN
STEVENSON, PAMELA
ADDRESS : 1201 BREWSTER DRIVE
MORTGAGE AMT: 316,000.00 CITY EL CERRITO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94530
UNPAID BALANCE: 316,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,182.53 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070881917 MORTGAGORS: PELLAM, JOHN
PELLAM, MYRIAM
ADDRESS : 11 PETRIA
MORTGAGE AMT: 472,000.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 92606
UNPAID BALANCE: 472,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,340.79 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070882246 MORTGAGORS: CHARMONT, THOMAS
CHARMONT, DIANE
ADDRESS : 77 HILLSIDE ROAD
MORTGAGE AMT: 264,000.00 CITY CHESTER
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07930
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,086.59 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0070882873 MORTGAGORS: THOMAS, RICK
THOMAS, LISA
ADDRESS : 36340 CHURCH HILL DRIVE
MORTGAGE AMT: 282,000.00 CITY SOLON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 OH 44139
UNPAID BALANCE: 282,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,947.70 ANNUAL RATE ADJUST: 0.000
LTV : 76.21622 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070884580 MORTGAGORS: SCHECHTER, GLENN
ADDRESS : 4505 RIDING CLUB COURT
MORTGAGE AMT: 411,000.00 CITY HAYWARD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94542
UNPAID BALANCE: 411,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,838.67 ANNUAL RATE ADJUST: 0.000
LTV : 78.28571 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070885561 MORTGAGORS: WARD, MARK
WARD, SANDRA
ADDRESS : 207 E MONROE
MORTGAGE AMT: 102,000.00 CITY CANNON BEAC
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 OR 97110
UNPAID BALANCE: 102,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 695.82 ANNUAL RATE ADJUST: 0.000
LTV : 53.68421 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070885645 MORTGAGORS: GAITAN, ELVIA
ADDRESS : 11594 HUSTON STREET
MORTGAGE AMT: 270,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91601
UNPAID BALANCE: 270,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,773.71 ANNUAL RATE ADJUST: 0.000
LTV : 69.23077 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070885983 MORTGAGORS: BOWLING, CLINTON
BOWLING, YADDY
ADDRESS : 19264 NW 13TH ST
MORTGAGE AMT: 148,800.00 CITY PEMBROKE PI
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 FL 33029
UNPAID BALANCE: 148,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 989.97 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070886007 MORTGAGORS: O'KEEFE, MARGARET
MCCUTCHEON, DANIEL
ADDRESS : 37 AVONDALE AVENUE
MORTGAGE AMT: 288,000.00 CITY HADDONFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 NJ 08033
UNPAID BALANCE: 288,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,013.74 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070886437 MORTGAGORS: MORGAN, SAL
ADDRESS : 9724 SW 125TH TERRACE
MORTGAGE AMT: 110,000.00 CITY MIAMI
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 FL 33176
UNPAID BALANCE: 110,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 759.74 ANNUAL RATE ADJUST: 0.000
LTV : 42.30769 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070886577 MORTGAGORS: HART, L
MORRIS HART, TERRI
ADDRESS : 2127 SW MT HOOD LANE
MORTGAGE AMT: 332,000.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 8.12500 OR 97201
UNPAID BALANCE: 332,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,465.09 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 8.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070888227 MORTGAGORS: GLUCK, LAWRENCE
GLUCK, SHEILA
ADDRESS : 1850 FOOTHILL BLVD
MORTGAGE AMT: 1,567,500.00 CITY LA CANADA F
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91011
UNPAID BALANCE: 1,567,500. OPTION TO CONVERT : No
000
MONTHLY P&I: 10,560.54 ANNUAL RATE ADJUST: 0.000
LTV : 69.66667 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0070888342 MORTGAGORS: HOLMES, ROBERT
ADDRESS : 12708 WATER FOWL WAY
MORTGAGE AMT: 252,050.00 CITY UPPER MARLB
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MD 20774
UNPAID BALANCE: 252,050.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,740.85 ANNUAL RATE ADJUST: 0.000
LTV : 79.51104 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070889613 MORTGAGORS: KOLASA, RAYMON
COHEN, SHERI
ADDRESS : 2428 LYRIC AVENUE
MORTGAGE AMT: 320,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90027
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,128.97 ANNUAL RATE ADJUST: 0.000
LTV : 78.04878 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070890744 MORTGAGORS: LIPTHAY, CHARLIE
LIPTHAY, LISA
ADDRESS : 1388 SAPPHIRE DRAGON STRE
MORTGAGE AMT: 285,000.00 CITY THOUSAND OA
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 91320
UNPAID BALANCE: 285,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,017.21 ANNUAL RATE ADJUST: 0.000
LTV : 70.19704 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070891049 MORTGAGORS: DOERR, DWIGHT
DOERR, JULIE
ADDRESS : 6152 SADDLETREE LANE
MORTGAGE AMT: 340,000.00 CITY YORBA LINDA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92886
UNPAID BALANCE: 340,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,348.30 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070892815 MORTGAGORS: VANSTEENBURG, LORI
ADDRESS : 12885 CRAWFORD DRIVE
MORTGAGE AMT: 420,000.00 CITY TUSTIN
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92782
UNPAID BALANCE: 420,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,936.70 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070896345 MORTGAGORS: PAREL, STEPHEN
PAREL, MAUREEN
ADDRESS : 6922 LAKESHORE DRIVE
MORTGAGE AMT: 469,600.00 CITY DALLAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 TX 75214
UNPAID BALANCE: 469,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,243.41 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070897376 MORTGAGORS: FERGUSON, RONALD
FERGUSON, GAIL
ADDRESS : 350 MALLARD ROAD
MORTGAGE AMT: 314,000.00 CITY WESTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 FL 33327
UNPAID BALANCE: 314,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,195.53 ANNUAL RATE ADJUST: 0.000
LTV : 84.86486 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070899000 MORTGAGORS: COOK, JAMES
COOK, TOKIKO
ADDRESS : 400 SOUTH FLOWER STREET
MORTGAGE AMT: 133,000.00 CITY ORANGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92868
UNPAID BALANCE: 133,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 918.60 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070900196 MORTGAGORS: ANASTASIO, ELLEN
SMITH, FRANK
ADDRESS : 813 815 NORTH EDINBURGH A
MORTGAGE AMT: 347,600.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 90046
UNPAID BALANCE: 347,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,460.29 ANNUAL RATE ADJUST: 0.000
LTV : 89.99353 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070900840 MORTGAGORS: LA BONTY, JOSEPH
THOMPSON LA, RUTH
ADDRESS : 5216 N 45TH PLACE
MORTGAGE AMT: 500,000.00 CITY PHOENIX
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 AZ 85018
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,453.38 ANNUAL RATE ADJUST: 0.000
LTV : 72.78020 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070901061 MORTGAGORS: BORGOGNO, DENNIS
BORGOGNO, LOIS
ADDRESS : 1406 DOVE LANE
MORTGAGE AMT: 304,000.00 CITY FULLERTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92833
UNPAID BALANCE: 304,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,125.61 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070905161 MORTGAGORS: FRASER, GRAHAM
FRASER, ANN
ADDRESS : 980 LAGUNA DRIVE
MORTGAGE AMT: 225,000.00 CITY CARLSBAD
:\
STATE/ZIP :\
LIFETIME RATE : 8.37500 CA 92008
UNPAID BALANCE: 225,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,710.16 ANNUAL RATE ADJUST: 0.000
LTV : 55.55556 OUTSIDE CONV DATE:
CURRENT INT 8.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070905468 MORTGAGORS: JEWETT, BRIAN
JEWETT, LEANNE
ADDRESS : 1281-1281 3/4 S DUNSMUIR
MORTGAGE AMT: 519,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 90019
UNPAID BALANCE: 519,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,366.22 ANNUAL RATE ADJUST: 0.000
LTV : 79.96918 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070906607 MORTGAGORS: WINCH, VICTORIA
WINCH, GEORGE
ADDRESS : 1075 92ND STREET #501
MORTGAGE AMT: 35,000.00 CITY BAY HARBOR
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 FL 33154
UNPAID BALANCE: 35,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 244.73 ANNUAL RATE ADJUST: 0.000
LTV : 38.88889 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0070908439 MORTGAGORS: TROTTA, CHRISTOPHER
ADDRESS : 2936 KNORR ST
MORTGAGE AMT: 80,750.00 CITY Philadelphia
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 PA 19149
UNPAID BALANCE: 80,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 578.50 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070909569 MORTGAGORS: KATZMAN, HOWARD
KATZMAN, BARBARA
ADDRESS : 100 AMALFI DRIVE
MORTGAGE AMT: 649,000.00 CITY SANTA MONIC
:\
STATE/ZIP :\
LIFETIME RATE : 8.37500 CA 90402
UNPAID BALANCE: 649,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,932.87 ANNUAL RATE ADJUST: 0.000
LTV : 51.92000 OUTSIDE CONV DATE:
CURRENT INT 8.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070910468 MORTGAGORS: RONE, SILVIO
RONE, MELINDA
ADDRESS : 7125 E PARADISE DRIVE
MORTGAGE AMT: 631,200.00 CITY SCOTTSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 AZ 85254
UNPAID BALANCE: 631,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,359.54 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0070912613 MORTGAGORS: OLIVER, THOMAS
OLIVER, TERESE
ADDRESS : 127 SOUTH SHADOW PINES RO
MORTGAGE AMT: 324,000.00 CITY ORANGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92869
UNPAID BALANCE: 324,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,265.46 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0070914700 MORTGAGORS: PADILLA, ROGELIO
PADILLA, SYLVIA
ADDRESS : 3952 KNOXVILLE AVE
MORTGAGE AMT: 255,950.00 CITY LONG BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90808
UNPAID BALANCE: 255,950.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,767.78 ANNUAL RATE ADJUST: 0.000
LTV : 94.81385 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080005473 MORTGAGORS: LUU, JULIA
ADDRESS : 1148 SOUTH BROMLEY COURT
MORTGAGE AMT: 407,800.00 CITY ANAHEIM
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92808
UNPAID BALANCE: 407,481.880 OPTION TO CONVERT : No
MONTHLY P&I: 2,781.91 ANNUAL RATE ADJUST: 0.000
LTV : 79.97803 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080005507 MORTGAGORS: IBETOH, ANGELA
ADDRESS : 5807 LAWTON CT
MORTGAGE AMT: 299,050.00 CITY LANHAM
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MD 20706
UNPAID BALANCE: 298,798.760 OPTION TO CONVERT : No
MONTHLY P&I: 1,964.55 ANNUAL RATE ADJUST: 0.000
LTV : 94.98626 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080005945 MORTGAGORS: BLOCK, RICHARD
STERN, STACEY
ADDRESS : 24 MILLBROOK DRIVE
MORTGAGE AMT: 340,000.00 CITY PRINCETON J
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 08550
UNPAID BALANCE: 339,728.110 OPTION TO CONVERT : No
MONTHLY P&I: 2,290.64 ANNUAL RATE ADJUST: 0.000
LTV : 74.72527 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080005994 MORTGAGORS: BUTTZ, CHARLES
BUTTZ, ANNE
ADDRESS : 10 MOURER ROAD
MORTGAGE AMT: 316,000.00 CITY SPRING CITY
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 PA 19475
UNPAID BALANCE: 315,721.190 OPTION TO CONVERT : No
MONTHLY P&I: 2,023.39 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080006034 MORTGAGORS: Ryan, Dennis
Plesums, Jana
ADDRESS : 43 Manthorne Road
MORTGAGE AMT: 260,100.00 CITY West Roxbury
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MA 02132
UNPAID BALANCE: 260,100.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,818.66 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080006224 MORTGAGORS: BERETTA, JOSEPH
BERETTA, LADONNA
BERETTA, LA DONNA
ADDRESS : 6434 HORIZON DRIVE
MORTGAGE AMT: 285,000.00 CITY PLACERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95667
UNPAID BALANCE: 284,542.820 OPTION TO CONVERT : No
MONTHLY P&I: 1,920.10 ANNUAL RATE ADJUST: 0.000
LTV : 79.38719 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080006414 MORTGAGORS: RABBITT, DEAN
RABBITT, MILDRED
ADDRESS : 8 OLDE FARM LANE
MORTGAGE AMT: 260,000.00 CITY NORTH READI
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 MA 01864
UNPAID BALANCE: 259,770.610 OPTION TO CONVERT : No
MONTHLY P&I: 1,664.81 ANNUAL RATE ADJUST: 0.000
LTV : 66.66667 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080006489 MORTGAGORS: SINK STEWART, CATHY
ADDRESS : 510 BELVIDERE COURT
MORTGAGE AMT: 60,000.00 CITY HENDERSONVI
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NC 28791
UNPAID BALANCE: 59,953.190 OPTION TO CONVERT : No
MONTHLY P&I: 409.31 ANNUAL RATE ADJUST: 0.000
LTV : 57.14286 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080006984 MORTGAGORS: DEHAAN, THOMAS
ADDRESS : 8808 HILLCROFT TRAIL
MORTGAGE AMT: 356,000.00 CITY WEST HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91304
UNPAID BALANCE: 355,715.310 OPTION TO CONVERT : No
MONTHLY P&I: 2,398.44 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080007552 MORTGAGORS: SHINDLER, NORMAN
ADDRESS : 5610 COMMONS LN
MORTGAGE AMT: 333,000.00 CITY ALPHARETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 GA 30005
UNPAID BALANCE: 333,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,243.48 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080007693 MORTGAGORS: REYNOLDS, LEONARD
reynolds, linda
Reynolds, Linda
REYNOLDS, LINDA
ADDRESS : 216 BRIARCLIFF AVENUE
MORTGAGE AMT: 320,000.00 CITY WARWICK
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 RI 02889
UNPAID BALANCE: 319,762.520 OPTION TO CONVERT : No
MONTHLY P&I: 2,237.48 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080007784 MORTGAGORS: KING, PAUL
KING, DAPHNE
ADDRESS : 6514 SOUTH LAURELWOOD AVE
MORTGAGE AMT: 317,000.00 CITY INGLEWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 90302
UNPAID BALANCE: 316,776.260 OPTION TO CONVERT : No
MONTHLY P&I: 2,271.03 ANNUAL RATE ADJUST: 0.000
LTV : 79.25000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080007792 MORTGAGORS: PERRELLI, JOSEPH
ADDRESS : 3232 JACKSON STREET
MORTGAGE AMT: 600,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94118
UNPAID BALANCE: 599,508.190 OPTION TO CONVERT : No
MONTHLY P&I: 3,991.81 ANNUAL RATE ADJUST: 0.000
LTV : 29.26829 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080007867 MORTGAGORS: BOOS, CAROLE
ADDRESS : 1516 ALLISON STREET, N.W
MORTGAGE AMT: 173,600.00 CITY WASHINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 DC 20011
UNPAID BALANCE: 173,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,169.58 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080008204 MORTGAGORS: CASO, ANDREW
Caso, Nathalie
CASO, NATHALIE
ADDRESS : 12 Casey St.
MORTGAGE AMT: 213,600.00 CITY CANTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02021
UNPAID BALANCE: 213,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,421.09 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080008410 MORTGAGORS: TORRES, JOSE
TORRES, ROSA
ADDRESS : 16124 LA LINDURA DRIVE
MORTGAGE AMT: 436,700.00 CITY WHITTIER
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90603
UNPAID BALANCE: 436,359.340 OPTION TO CONVERT : No
MONTHLY P&I: 2,979.06 ANNUAL RATE ADJUST: 0.000
LTV : 67.70543 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080008758 MORTGAGORS: VAIDYANATHAN, KRISHNAN
VAIDYANATHAN, SAVITHRI
ADDRESS : 43 GLEN ROAD
MORTGAGE AMT: 340,800.00 CITY HOPKINTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MA 01748
UNPAID BALANCE: 340,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,353.82 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080009178 MORTGAGORS: CONTI, CLARA
RAWSPM, ROCJARD
RAWSON, RICHARD
ADDRESS : 9834 BEACH MILL ROAD
MORTGAGE AMT: 370,000.00 CITY GREAT FALLS
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 VA 22066
UNPAID BALANCE: 369,681.430 OPTION TO CONVERT : No
MONTHLY P&I: 2,399.82 ANNUAL RATE ADJUST: 0.000
LTV : 78.72340 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080009319 MORTGAGORS: VAN NOSTRAND, GEORGE
VAN NOSTRAND, GLENITA
ADDRESS : 6241 LIGHT POINT PLACE
MORTGAGE AMT: 114,000.00 CITY COLUMBIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 21045
UNPAID BALANCE: 113,911.070 OPTION TO CONVERT : No
MONTHLY P&I: 777.68 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080011133 MORTGAGORS: WAGNER, ROBERT
WAGNER, KATHLEEN
ADDRESS : 3029 NEWPORT
MORTGAGE AMT: 345,491.00 CITY SPRINGFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 62702
UNPAID BALANCE: 345,221.480 OPTION TO CONVERT : No
MONTHLY P&I: 2,356.86 ANNUAL RATE ADJUST: 0.000
LTV : 69.09820 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080011190 MORTGAGORS: BRANCH, JOYCE
ADDRESS : 8829 MIDVALE AVENUE NORTH
MORTGAGE AMT: 237,500.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 WA 98103
UNPAID BALANCE: 237,319.290 OPTION TO CONVERT : No
MONTHLY P&I: 1,640.35 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080011463 MORTGAGORS: GLEASON, JOHN
GLEASON, RAE
ADDRESS : 740 BLUEGRASS STREET
MORTGAGE AMT: 400,000.00 CITY SIMI VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 93065
UNPAID BALANCE: 399,663.950 OPTION TO CONVERT : No
MONTHLY P&I: 2,627.72 ANNUAL RATE ADJUST: 0.000
LTV : 77.97271 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080011505 MORTGAGORS: MCCUSKER, DAVID
MCCUSKER, LISA
ADDRESS : 210 ELLYRIDGE COURT
MORTGAGE AMT: 303,200.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 6.37500 CA 95123
UNPAID BALANCE: 302,919.180 OPTION TO CONVERT : No
MONTHLY P&I: 1,891.57 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080011802 MORTGAGORS: BROwN, THIRISE
JOHNSON, MICHAEL
ADDRESS : 17114 LONGLEAF DRIVE
MORTGAGE AMT: 266,177.00 CITY BOWIE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MD 20716
UNPAID BALANCE: 265,953.370 OPTION TO CONVERT : No
MONTHLY P&I: 1,748.60 ANNUAL RATE ADJUST: 0.000
LTV : 79.99982 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080011877 MORTGAGORS: BORN, REGINA
ERICKSON, J
ADDRESS : 11 TWITCHELL STREET
MORTGAGE AMT: 360,000.00 CITY WELLESLEY
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 MA 02481
UNPAID BALANCE: 360,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,334.95 ANNUAL RATE ADJUST: 0.000
LTV : 74.22680 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080011984 MORTGAGORS: GODFREY SAWY, MARGARET
ADDRESS : 533 EXMOOR ROAD
MORTGAGE AMT: 320,000.00 CITY KENILWORTH
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 60043
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,182.97 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080012057 MORTGAGORS: FORKER, GERALD
CAMBRAY FORK, E
ADDRESS : 27742 HIDDEN TRAIL ROAD
MORTGAGE AMT: 592,000.00 CITY LAGUNA HILL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92653
UNPAID BALANCE: 591,514.740 OPTION TO CONVERT : No
MONTHLY P&I: 3,938.59 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080012081 MORTGAGORS: FRAZIER, GEORGE
KERES, ANGELA
ADDRESS : 1874 TACOMA AVENUE
MORTGAGE AMT: 320,000.00 CITY BERKELEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94707
UNPAID BALANCE: 319,744.100 OPTION TO CONVERT : No
MONTHLY P&I: 2,155.90 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080012172 MORTGAGORS: GLASSMAN, JEFF
ADDRESS : 608 29TH STREET
MORTGAGE AMT: 736,000.00 CITY MANHATTAN B
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90266
UNPAID BALANCE: 735,425.850 OPTION TO CONVERT : No
MONTHLY P&I: 5,020.82 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0080012586 MORTGAGORS: WILLIAMS, NORMAN
ADDRESS : 665 NORFLEET ROAD NW
MORTGAGE AMT: 330,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 GA 30305
UNPAID BALANCE: 329,722.760 OPTION TO CONVERT : No
MONTHLY P&I: 2,167.87 ANNUAL RATE ADJUST: 0.000
LTV : 57.89474 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080012750 MORTGAGORS: RICHMOND, JAMES
RICHMOND, LOIS
ADDRESS : 427 WASHINGTONIA DRIVE
MORTGAGE AMT: 393,600.00 CITY SAN MARCOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92069
UNPAID BALANCE: 393,300.500 OPTION TO CONVERT : No
MONTHLY P&I: 2,718.50 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080012776 MORTGAGORS: ROBERTS, LISA
MOSES, DAVID
ADDRESS : 18032 ERWIN STREET
MORTGAGE AMT: 295,000.00 CITY ENCINO AREA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91316
UNPAID BALANCE: 294,764.090 OPTION TO CONVERT : No
MONTHLY P&I: 1,987.47 ANNUAL RATE ADJUST: 0.000
LTV : 79.94580 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080012792 MORTGAGORS: LYNEN, RICHARD
LYNEN, DEBORAN
ADDRESS : 7 COLUMBIA CIR
MORTGAGE AMT: 292,000.00 CITY RICHBORO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 PA 18954
UNPAID BALANCE: 292,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,285.83 ANNUAL RATE ADJUST: 0.000
LTV : 83.42857 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
\ LN # 0080012875 MORTGAGORS: ASKEY, DAVID
ASKEY, SHUMEI
ADDRESS : 161 ACTON STREET
MORTGAGE AMT: 336,000.00 CITY CARLISLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 MA 01741
UNPAID BALANCE: 335,703.560 OPTION TO CONVERT : No
MONTHLY P&I: 2,151.44 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080012883 MORTGAGORS: KRANE, JONATHAN
KRANE, LORRAINE
KRANE, JAMES
ADDRESS : 11538 DONA PEPITA PLACE
MORTGAGE AMT: 350,000.00 CITY STUDIO CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 91604
UNPAID BALANCE: 349,746.680 OPTION TO CONVERT : No
MONTHLY P&I: 2,477.28 ANNUAL RATE ADJUST: 0.000
LTV : 63.63636 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080012982 MORTGAGORS: WOHLFARTH, ROBERT
WOHLFARTH, DARLA
ADDRESS : 916 BRASILENO COURT
MORTGAGE AMT: 338,100.00 CITY VIRGINIA BE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 VA 23456
UNPAID BALANCE: 337,829.630 OPTION TO CONVERT : No
MONTHLY P&I: 2,277.84 ANNUAL RATE ADJUST: 0.000
LTV : 94.99860 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080013055 MORTGAGORS: BLOOM, RONALD
BLOOM, KAREN
ADDRESS : 200 CAPTAINS WALK
MORTGAGE AMT: 260,300.00 CITY STRATFORD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CT 06497
UNPAID BALANCE: 259,882.450 OPTION TO CONVERT : No
MONTHLY P&I: 1,753.69 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080013154 MORTGAGORS: LETUCHIY, YURIY
LETUCHAYA, INNA
ADDRESS : 601 NORIEGA STREET
MORTGAGE AMT: 400,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94122
UNPAID BALANCE: 399,703.140 OPTION TO CONVERT : No
MONTHLY P&I: 2,796.86 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080013212 MORTGAGORS: DAY, MICHAEL
DAY, CHRISTINE
ADDRESS : 1063 MONTE VERDE DRIVE
MORTGAGE AMT: 297,000.00 CITY PACIFICA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94044
UNPAID BALANCE: 296,765.240 OPTION TO CONVERT : No
MONTHLY P&I: 2,026.06 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080013477 MORTGAGORS: SWANTKO, JAMES
ADDRESS : 5827 CHAMBERTIN
MORTGAGE AMT: 351,550.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95118
UNPAID BALANCE: 351,275.760 OPTION TO CONVERT : No
MONTHLY P&I: 2,398.19 ANNUAL RATE ADJUST: 0.000
LTV : 78.29621 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080014236 MORTGAGORS: GAUTHIER, JEAN MARIE
GAUTHIER, BRIGITTE
ADDRESS : 16 LONGACRE COURT
MORTGAGE AMT: 255,000.00 CITY HOCKESSIN
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 DE 19707
UNPAID BALANCE: 254,785.770 OPTION TO CONVERT : No
MONTHLY P&I: 1,675.17 ANNUAL RATE ADJUST: 0.000
LTV : 72.64957 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080014905 MORTGAGORS: LOPEZ QUINTA, DAVID
quintana, kristen
QUINTANA, KRISTEN
ADDRESS : 4352 MANSFIELD DRIVE
MORTGAGE AMT: 500,000.00 CITY DANVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94506
UNPAID BALANCE: 499,609.940 OPTION TO CONVERT : No
MONTHLY P&I: 3,410.89 ANNUAL RATE ADJUST: 0.000
LTV : 78.74016 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080015134 MORTGAGORS: VARGAS, RUBIN
VARGAS, DENEEN
ADDRESS : 6068 PARK CREST DRIVE
MORTGAGE AMT: 266,000.00 CITY CHINO HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91709
UNPAID BALANCE: 265,797.590 OPTION TO CONVERT : No
MONTHLY P&I: 1,837.20 ANNUAL RATE ADJUST: 0.000
LTV : 94.32624 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080015282 MORTGAGORS: CARTER, WILLIAM
GRANTZ CARTE, CHRISTINA
ADDRESS : 53 HOLLINS DRIVE
MORTGAGE AMT: 480,000.00 CITY SANTA CRUZ
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95060
UNPAID BALANCE: 479,625.550 OPTION TO CONVERT : No
MONTHLY P&I: 3,274.45 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080015621 MORTGAGORS: KUHLMANN, STEVEN
KUHLMANN, JEANNINE
ADDRESS : 955 MARVELL LANE
MORTGAGE AMT: 272,000.00 CITY HIGHLAND PA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 60035
UNPAID BALANCE: 271,787.810 OPTION TO CONVERT : No
MONTHLY P&I: 1,855.52 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080015803 MORTGAGORS: MCKINNEY, J
MCKINNEY, BEATRICE
ADDRESS : 15260 VALI HAI ROAD
MORTGAGE AMT: 273,300.00 CITY POWAY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92064
UNPAID BALANCE: 273,081.440 OPTION TO CONVERT : No
MONTHLY P&I: 1,841.28 ANNUAL RATE ADJUST: 0.000
LTV : 76.98592 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080016207 MORTGAGORS: RYAN, JOHN
RYAN, JOANNE
ADDRESS : 14 JESSICA TRACE
MORTGAGE AMT: 289,750.00 CITY WILTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NY 12831
UNPAID BALANCE: 289,518.290 OPTION TO CONVERT : No
MONTHLY P&I: 1,952.10 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080016231 MORTGAGORS: SMITH, JERRY
ADDRESS : 1716 COVILLAUD STREET
MORTGAGE AMT: 95,000.00 CITY MARYSVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 95901
UNPAID BALANCE: 94,931.250 OPTION TO CONVERT : No
MONTHLY P&I: 672.40 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080016249 MORTGAGORS: Bradford, Daniel
Bradford, Debra
ADDRESS : 11 great Bend Road
MORTGAGE AMT: 279,000.00 CITY Sandwich
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MA 02537
UNPAID BALANCE: 279,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,903.27 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080016702 MORTGAGORS: MCELROY, JEFF
ADDRESS : 1320 CHEROKEE AVENUE
MORTGAGE AMT: 308,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90028
UNPAID BALANCE: 307,321.820 OPTION TO CONVERT : No
MONTHLY P&I: 2,049.14 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080016918 MORTGAGORS: LIPP, MICHAEL
VIERA, SYLVIA
ADDRESS : 19926 AVENIDA DESEO
MORTGAGE AMT: 247,000.00 CITY WALNUT
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91789
UNPAID BALANCE: 247,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,705.97 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080017064 MORTGAGORS: BOSSIE, MARK
BOSSIE, CYNTHIA
ADDRESS : 7 PICKERING DRIVE
MORTGAGE AMT: 290,000.00 CITY ROBBINSVILL
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NJ 08691
UNPAID BALANCE: 290,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,002.96 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080017247 MORTGAGORS: HAYES, SUSAN
ADDRESS : 6047 KATHMOOR DRIVE
MORTGAGE AMT: 263,960.00 CITY ALEXANDRIA
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 VA 22310
UNPAID BALANCE: 263,727.110 OPTION TO CONVERT : No
MONTHLY P&I: 1,690.17 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080017593 MORTGAGORS: WILKINSON, RICHARD
WINKINSON, CYTHIA
ADDRESS : 608 BRADFORD PLACE
MORTGAGE AMT: 335,000.00 CITY DANVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94526
UNPAID BALANCE: 335,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,342.37 ANNUAL RATE ADJUST: 0.000
LTV : 69.07216 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080017601 MORTGAGORS: HARBUZ, EDMUND
HARBUZ, SUSAN
ADDRESS : 2110 MEADOWVALE PL
MORTGAGE AMT: 244,000.00 CITY Longmont
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80504
UNPAID BALANCE: 244,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,623.34 ANNUAL RATE ADJUST: 0.000
LTV : 67.22000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080017866 MORTGAGORS: BELKIN, STACY
JACKSON, DAVID
ADDRESS : 2111 S CLAYTON STREET
MORTGAGE AMT: 288,000.00 CITY DENVER
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CO 80210
UNPAID BALANCE: 287,758.040 OPTION TO CONVERT : No
MONTHLY P&I: 1,891.96 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080017908 MORTGAGORS: HICKS, ROBERT
HICKS, KIMBERLY
ADDRESS : 201 NORTH WESTVIEW DRIVE
MORTGAGE AMT: 333,200.00 CITY WINSTON SAL
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NC 27104
UNPAID BALANCE: 332,933.550 OPTION TO CONVERT : No
MONTHLY P&I: 2,244.83 ANNUAL RATE ADJUST: 0.000
LTV : 79.33333 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080018112 MORTGAGORS: ESKURI, NEIL
ESKURI, JANE
ESKURI, JANE
ADDRESS : 1225 GENEVA STREET
MORTGAGE AMT: 412,000.00 CITY GLENDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91207
UNPAID BALANCE: 411,678.600 OPTION TO CONVERT : No
MONTHLY P&I: 2,810.57 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080018542 MORTGAGORS: MOWATT, MICHAEL
OLD, SUSAN
ADDRESS : 7029 SULKY LANE
MORTGAGE AMT: 304,550.00 CITY ROCKVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MD 20852
UNPAID BALANCE: 304,096.540 OPTION TO CONVERT : No
MONTHLY P&I: 2,129.46 ANNUAL RATE ADJUST: 0.000
LTV : 94.98843 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080018591 MORTGAGORS: REMUS, THEODORE
ADDRESS : 24681 CHARLTON DRIVE
MORTGAGE AMT: 336,000.00 CITY LAGUNA HILL
:\
STATE/ZIP :\
LIFETIME RATE : 8.25000 CA 92653
UNPAID BALANCE: 335,785.740 OPTION TO CONVERT : No
MONTHLY P&I: 2,524.26 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 8.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080018955 MORTGAGORS: ZAMBORSKY, JOSEPH
ZAMBORSKY, LISA
ADDRESS : 20 WILLOW LANE
MORTGAGE AMT: 280,000.00 CITY NEWMAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 GA 30263
UNPAID BALANCE: 279,776.080 OPTION TO CONVERT : No
MONTHLY P&I: 1,886.42 ANNUAL RATE ADJUST: 0.000
LTV : 74.27056 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080019227 MORTGAGORS: KIRITZOV, STEFAN
Kiritzov, Nwlly
KIRITZOV, NELLY
ADDRESS : 5172 SILVER BIRCH DRIVE
MORTGAGE AMT: 364,700.00 CITY CASTRO VALL
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94552
UNPAID BALANCE: 364,408.360 OPTION TO CONVERT : No
MONTHLY P&I: 2,457.05 ANNUAL RATE ADJUST: 0.000
LTV : 79.98772 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080019326 MORTGAGORS: HIGA, ERIC
LIM HIGA, SANDRA
ADDRESS : 9728 RAVARI DRIVE
MORTGAGE AMT: 247,000.00 CITY CYPRESS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90630
UNPAID BALANCE: 246,622.950 OPTION TO CONVERT : No
MONTHLY P&I: 1,705.97 ANNUAL RATE ADJUST: 0.000
LTV : 63.17136 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080019367 MORTGAGORS: Dunkerson, Frankie
Dunkerson, Constance
ADDRESS : 8509 Accotink Road
MORTGAGE AMT: 300,650.00 CITY Lorton
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 VA 22079
UNPAID BALANCE: 300,403.560 OPTION TO CONVERT : No
MONTHLY P&I: 2,000.23 ANNUAL RATE ADJUST: 0.000
LTV : 80.17000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080019383 MORTGAGORS: REYNOSO, JERRY
REYNOSO, STEPHANIE
ADDRESS : 21 CERVANKS
MORTGAGE AMT: 561,000.00 CITY NEWPORT BEA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92660
UNPAID BALANCE: 560,516.990 OPTION TO CONVERT : No
MONTHLY P&I: 3,638.64 ANNUAL RATE ADJUST: 0.000
LTV : 68.75000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080019938 MORTGAGORS: CONNOR, MICHAEL
ADDRESS : 300 WATERFRONT PARK LANE
MORTGAGE AMT: 360,000.00 CITY DAWSONVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 GA 30534
UNPAID BALANCE: 359,697.550 OPTION TO CONVERT : No
MONTHLY P&I: 2,364.95 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080020191 MORTGAGORS: NISHIOKA, GREG
NISHIOKA, ELLEN
ADDRESS : 3412 MANOA ROAD
MORTGAGE AMT: 476,000.00 CITY HONOLULU
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 HI 96822
UNPAID BALANCE: 475,600.100 OPTION TO CONVERT : No
MONTHLY P&I: 3,126.98 ANNUAL RATE ADJUST: 0.000
LTV : 85.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080020290 MORTGAGORS: HAYASHI, JOE
ESTACIO, AILEEN
ADDRESS : 1405 OAK STREET
MORTGAGE AMT: 400,000.00 CITY SAN MATEO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94402
UNPAID BALANCE: 399,680.130 OPTION TO CONVERT : No
MONTHLY P&I: 2,694.87 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080020332 MORTGAGORS: SHAUGHNESSY, JAMES
SHAUGHNESSY, MARIE
ADDRESS : 73 SYCAMORE STREET
MORTGAGE AMT: 165,000.00 CITY NORWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02062
UNPAID BALANCE: 165,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,279.25 ANNUAL RATE ADJUST: 0.000
LTV : 60.66176 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:104
--------------------------------------------------------------------------------
LN # 0080021082 MORTGAGORS: PRECIADO, VIDAL
ADDRESS : 4240 BASSETT STREET
MORTGAGE AMT: 210,000.00 CITY SANTA CLARA
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 95054
UNPAID BALANCE: 209,687.310 OPTION TO CONVERT : No
MONTHLY P&I: 1,468.36 ANNUAL RATE ADJUST: 0.000
LTV : 57.22071 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080021181 MORTGAGORS: OLIVER, BRADLEY
OLIVER, SUZANNE
ADDRESS : 516 ANTHONYS DRIVE
MORTGAGE AMT: 340,000.00 CITY EXTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 PA 19341
UNPAID BALANCE: 339,700.020 OPTION TO CONVERT : No
MONTHLY P&I: 2,177.06 ANNUAL RATE ADJUST: 0.000
LTV : 74.18317 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080021462 MORTGAGORS: NOBLE, DOUGLAS
ADDRESS : 40 BATTERY STREET
MORTGAGE AMT: 494,000.00 CITY BOSTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MA 02109
UNPAID BALANCE: 493,633.380 OPTION TO CONVERT : No
MONTHLY P&I: 3,454.12 ANNUAL RATE ADJUST: 0.000
LTV : 52.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080021520 MORTGAGORS: MISHRA, PRATEEK
SHILCRAT, ESTHER
ADDRESS : 30 BERNARD STREET
MORTGAGE AMT: 299,250.00 CITY NEWTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MA 02465
UNPAID BALANCE: 299,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,066.85 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080021694 MORTGAGORS: BERGER, TORSTEN
ANDERSON, JAMIE
ADDRESS : 51 LONGFELLOW ROAD
MORTGAGE AMT: 249,600.00 CITY WATERTOWN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02472
UNPAID BALANCE: 249,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,660.60 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080021801 MORTGAGORS: BICKFORD, PAUL
BICKFORD, HELEN
ADDRESS : 4213 WILTON WOODS LANE
MORTGAGE AMT: 252,000.00 CITY ALEXANDRIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 VA 22310
UNPAID BALANCE: 251,808.250 OPTION TO CONVERT : No
MONTHLY P&I: 1,740.50 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080022247 MORTGAGORS: GOLDSTEIN, KYMN
ADDRESS : 7370 ROSEWOOD AVENUE
MORTGAGE AMT: 278,500.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90036
UNPAID BALANCE: 278,271.710 OPTION TO CONVERT : No
MONTHLY P&I: 1,852.87 ANNUAL RATE ADJUST: 0.000
LTV : 89.83871 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080022452 MORTGAGORS: HACKATHORN, THOMAS
HACKATHORN, JILL
ADDRESS : 3417 VIA PALOMINO
MORTGAGE AMT: 526,650.00 CITY PALOS VERDE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90274
UNPAID BALANCE: 526,239.160 OPTION TO CONVERT : No
MONTHLY P&I: 3,592.68 ANNUAL RATE ADJUST: 0.000
LTV : 47.87727 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080022718 MORTGAGORS: BRAINARD, ERIK
BRAINARD, JUDITH
ADDRESS : 520 ABBEY GLEN DRIVE
MORTGAGE AMT: 311,000.00 CITY SAINT CHARL
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 60175
UNPAID BALANCE: 310,757.390 OPTION TO CONVERT : No
MONTHLY P&I: 2,121.57 ANNUAL RATE ADJUST: 0.000
LTV : 84.28184 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080022783 MORTGAGORS: HEISER, JEFFREY
ADDRESS : 5907 LINDEN AVENUE NORTH
MORTGAGE AMT: 316,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 WA 98103
UNPAID BALANCE: 315,765.480 OPTION TO CONVERT : No
MONTHLY P&I: 2,209.52 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080022981 MORTGAGORS: OSBORNE, SHERYL
ADDRESS : 704 ARDEN AVENUE
MORTGAGE AMT: 327,900.00 CITY ENCINITAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92024
UNPAID BALANCE: 327,637.790 OPTION TO CONVERT : No
MONTHLY P&I: 2,209.12 ANNUAL RATE ADJUST: 0.000
LTV : 79.99512 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080025000 MORTGAGORS: VERCHOTA, ROBERT
VERCHOTA, NANCY
ADDRESS : 8365 S BONITA VISTA STREE
MORTGAGE AMT: 562,500.00 CITY LAS VEGAS
:\
STATE/ZIP :\
LIFETIME RATE : 8.00000 NV 89113
UNPAID BALANCE: 562,122.570 OPTION TO CONVERT : No
MONTHLY P&I: 4,127.43 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 8.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080025471 MORTGAGORS: JOHNSON, SCOT
JOHNSON, KATHERINE
ADDRESS : 6360 23RD TERRACE NORTH
MORTGAGE AMT: 69,300.00 CITY ST PETERSBU
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 FL 33710
UNPAID BALANCE: 69,300.000 OPTION TO CONVERT : No
MONTHLY P&I: 547.73 ANNUAL RATE ADJUST: 0.000
LTV : 63.57798 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0080025646 MORTGAGORS: GLAZIER, DAVID
GLAZIER, ALISON
ADDRESS : 2884 WEST CANYON AVE
MORTGAGE AMT: 275,500.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92123
UNPAID BALANCE: 275,290.360 OPTION TO CONVERT : No
MONTHLY P&I: 1,902.82 ANNUAL RATE ADJUST: 0.000
LTV : 79.99744 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080025760 MORTGAGORS: COSTELLO, CHARLES
DAKINS COSTE, ALISA
ADDRESS : 43398 LONGVIEW DRIVE
MORTGAGE AMT: 239,750.00 CITY ASHBURN
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 VA 20148
UNPAID BALANCE: 239,548.580 OPTION TO CONVERT : No
MONTHLY P&I: 1,574.99 ANNUAL RATE ADJUST: 0.000
LTV : 79.99266 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080025950 MORTGAGORS: HOLUB, DANIEL
HOLUB, ALISON
ADDRESS : 5541 GRASSLAND TRAIL
MORTGAGE AMT: 251,650.00 CITY MIDDLETON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WI 53562
UNPAID BALANCE: 251,448.760 OPTION TO CONVERT : No
MONTHLY P&I: 1,695.41 ANNUAL RATE ADJUST: 0.000
LTV : 94.99811 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080025976 MORTGAGORS: YU, SEE
YU, AYLIN
ADDRESS : 1305 MONTEREY ROAD
MORTGAGE AMT: 284,600.00 CITY SOUTH PASAD
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91030
UNPAID BALANCE: 284,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,869.62 ANNUAL RATE ADJUST: 0.000
LTV : 56.35644 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080026164 MORTGAGORS: O REILLY, HUGH
LORDAN, ANDREA
ADDRESS : 16 18 BOWDOIN STREET
MORTGAGE AMT: 363,000.00 CITY CAMBRIDGE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MA 02138
UNPAID BALANCE: 363,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,384.65 ANNUAL RATE ADJUST: 0.000
LTV : 74.08163 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080026289 MORTGAGORS: SCULLY, MICHAEL
SCULLY, NANCY
ADDRESS : 915 917 SOUTH B STREET
MORTGAGE AMT: 324,000.00 CITY SAN MATEO
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 CA 94401
UNPAID BALANCE: 323,777.030 OPTION TO CONVERT : No
MONTHLY P&I: 2,349.22 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080026313 MORTGAGORS: ANDERSON, JOHN
ANDERSON, ANGELA
ADDRESS : 14762 RIDGEBORO PLACE
MORTGAGE AMT: 234,000.00 CITY TUSTIN
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92780
UNPAID BALANCE: 233,803.420 OPTION TO CONVERT : No
MONTHLY P&I: 1,537.21 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080026453 MORTGAGORS: KISHI, KURTIS
KISHI, ELSIE
ADDRESS : 2285 GLEN CANYON ROAD
MORTGAGE AMT: 336,000.00 CITY ALTADENA AR
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91001
UNPAID BALANCE: 335,737.880 OPTION TO CONVERT : No
MONTHLY P&I: 2,292.12 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080026529 MORTGAGORS: ANDERSON, HAROLD
ADDRESS : 1836 HILLCREST ROAD
MORTGAGE AMT: 372,800.00 CITY SANTA BARBA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 93103
UNPAID BALANCE: 372,509.170 OPTION TO CONVERT : No
MONTHLY P&I: 2,543.16 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080026560 MORTGAGORS: MESSER, ANTHONY
MESSER, LORI
ADDRESS : 1582 SOUTH MARGATE STREET
MORTGAGE AMT: 290,200.00 CITY CHANDLER
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 AZ 85248
UNPAID BALANCE: 289,967.920 OPTION TO CONVERT : No
MONTHLY P&I: 1,955.14 ANNUAL RATE ADJUST: 0.000
LTV : 86.02928 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080026586 MORTGAGORS: GALLAGHER, JAMES
GALLAGHER, CECELIA
ADDRESS : 21209 VINTAGE STREET
MORTGAGE AMT: 292,800.00 CITY CHATSWORTH
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 91311
UNPAID BALANCE: 292,582.690 OPTION TO CONVERT : No
MONTHLY P&I: 2,047.31 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080026693 MORTGAGORS: LINDEE, GRANT
LINDEE, CHRISTA
ADDRESS : 1577 JACK PINE ROAD
MORTGAGE AMT: 458,000.00 CITY HEALDSBURG
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 95448
UNPAID BALANCE: 457,651.500 OPTION TO CONVERT : No
MONTHLY P&I: 3,163.29 ANNUAL RATE ADJUST: 0.000
LTV : 79.93019 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080026909 MORTGAGORS: MOSKOVITS, PNINA
MOSKOVITS, YAKOV
ADDRESS : 2609 EAST 65TH STREET
MORTGAGE AMT: 351,000.00 CITY BROOKLYN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NY 11234
UNPAID BALANCE: 350,719.310 OPTION TO CONVERT : No
MONTHLY P&I: 2,364.75 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080026933 MORTGAGORS: EDEN, JANET
ADDRESS : 333 EAST 30TH STREET
MORTGAGE AMT: 315,000.00 CITY NEW YORK
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 NY 10016
UNPAID BALANCE: 315,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,283.97 ANNUAL RATE ADJUST: 0.000
LTV : 70.00000 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080026966 MORTGAGORS: HEFFERNAN, EDWARD
BLODGETT, JENNIFER
ADDRESS : 1101 CHURCH ROAD
MORTGAGE AMT: 275,000.00 CITY MALVERN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 PA 19355
UNPAID BALANCE: 275,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,173.53 ANNUAL RATE ADJUST: 0.000
LTV : 53.39806 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0080027030 MORTGAGORS: FLETCHER, ERIK
FLETCHER, PATTY
ADDRESS : 22463 EAST WEAVER DRIVE
MORTGAGE AMT: 249,650.00 CITY AURORA
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CO 80016
UNPAID BALANCE: 249,464.720 OPTION TO CONVERT : No
MONTHLY P&I: 1,745.59 ANNUAL RATE ADJUST: 0.000
LTV : 94.98499 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080027196 MORTGAGORS: ZANDKARIMI, FARNAZ
ADDRESS : 1107 VIA ALTA
MORTGAGE AMT: 465,000.00 CITY BURBANK
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91501
UNPAID BALANCE: 464,637.260 OPTION TO CONVERT : No
MONTHLY P&I: 3,172.12 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080027295 MORTGAGORS: MYHR, MARY
CLARK, THOMAS
ADDRESS : 34 WINSLOW AVENUE
MORTGAGE AMT: 273,000.00 CITY SOMERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 MA 02144
UNPAID BALANCE: 273,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,748.05 ANNUAL RATE ADJUST: 0.000
LTV : 79.94143 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080027352 MORTGAGORS: WURZBURG, STEPHEN
WURZBURG, KATHERINE
ADDRESS : 871 TERRACE DRIVE
MORTGAGE AMT: 507,000.00 CITY LOS ALTOS
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94024
UNPAID BALANCE: 506,574.060 OPTION TO CONVERT : No
MONTHLY P&I: 3,330.63 ANNUAL RATE ADJUST: 0.000
LTV : 53.36842 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080027568 MORTGAGORS: GOLD, JEFFREY
ADDRESS : 917 KENMARA DRIVE
MORTGAGE AMT: 302,100.00 CITY WEST CHESTE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 PA 19380
UNPAID BALANCE: 301,864.340 OPTION TO CONVERT : No
MONTHLY P&I: 2,060.85 ANNUAL RATE ADJUST: 0.000
LTV : 79.99746 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080027667 MORTGAGORS: KATZ, ADAM
KATZ, TRACI
ADDRESS : 25 ELM PLACE
MORTGAGE AMT: 650,000.00 CITY NEW CANAAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CT 06840
UNPAID BALANCE: 649,492.930 OPTION TO CONVERT : No
MONTHLY P&I: 4,434.15 ANNUAL RATE ADJUST: 0.000
LTV : 71.03825 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080027907 MORTGAGORS: JAMER, JEFFREY
JAMER, DEBORAH
JAMER, DEBRA
ADDRESS : 16 FLORIE FARM ROAD
MORTGAGE AMT: 325,000.00 CITY BORO OF MEN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07945
UNPAID BALANCE: 325,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,189.59 ANNUAL RATE ADJUST: 0.000
LTV : 74.28571 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080027980 MORTGAGORS: BAINS, SARTAJ
BAINS, SATINDER
ADDRESS : 1753 KRPAN DRIVE
MORTGAGE AMT: 371,750.00 CITY ROSEVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95747
UNPAID BALANCE: 371,452.720 OPTION TO CONVERT : No
MONTHLY P&I: 2,504.55 ANNUAL RATE ADJUST: 0.000
LTV : 79.99458 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080028194 MORTGAGORS: HUFFMAN, LAWRENCE
HUFFMAN, PATRICIA
ADDRESS : 5 BAY STATE ROAD
MORTGAGE AMT: 350,000.00 CITY WELLESLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MA 02481
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,387.62 ANNUAL RATE ADJUST: 0.000
LTV : 46.97987 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080028301 MORTGAGORS: STRASBURGER, FRANK
STRASBURGER, CAROLINE
ADDRESS : 79 LAFAYETTE ROAD
MORTGAGE AMT: 650,000.00 CITY PRINCETON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NJ 08540
UNPAID BALANCE: 649,505.400 OPTION TO CONVERT : No
MONTHLY P&I: 4,489.39 ANNUAL RATE ADJUST: 0.000
LTV : 72.22222 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080028319 MORTGAGORS: DI MICELLI, LEONARD
DI MICELLI, KAREN
ADDRESS : 621 ORIENTA AVENUE
MORTGAGE AMT: 400,000.00 CITY MAMARONECK
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NY 10543
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,627.72 ANNUAL RATE ADJUST: 0.000
LTV : 53.79236 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080028327 MORTGAGORS: SHIRLEY, ROBERT
CHAVEZ, SONDRA
ADDRESS : 19943 WELLINGTON WAY
MORTGAGE AMT: 336,000.00 CITY WOODLAND HI
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91367
UNPAID BALANCE: 335,724.580 OPTION TO CONVERT : No
MONTHLY P&I: 2,235.42 ANNUAL RATE ADJUST: 0.000
LTV : 76.36364 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080028350 MORTGAGORS: SALEHI, ALI
AJDARI, MIRIAM
ADDRESS : 5550 PATTILAR AVENUE
MORTGAGE AMT: 252,000.00 CITY WOODLAND HI
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91367
UNPAID BALANCE: 251,788.290 OPTION TO CONVERT : No
MONTHLY P&I: 1,655.46 ANNUAL RATE ADJUST: 0.000
LTV : 76.36364 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080028483 MORTGAGORS: BOWEN, LUKE
BOWEN, MARIA
ADDRESS : 31 PATRICIA ROAD
MORTGAGE AMT: 313,000.00 CITY SUDBURY
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MA 01776
UNPAID BALANCE: 313,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,161.82 ANNUAL RATE ADJUST: 0.000
LTV : 76.34146 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080028657 MORTGAGORS: SAKER, RICHARD
ADDRESS : 1 LAUREL CT
MORTGAGE AMT: 557,000.00 CITY CLARKSBURG
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NJ 08510
UNPAID BALANCE: 557,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,659.10 ANNUAL RATE ADJUST: 0.000
LTV : 71.87097 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080028707 MORTGAGORS: HOBART, ROBERT
HOBART, LESLI
ADDRESS : 12823 MUHLEBACH WAY
MORTGAGE AMT: 327,200.00 CITY TRUCKEE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 96161
UNPAID BALANCE: 327,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,232.08 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080028756 MORTGAGORS: JOHNSON, JANIS
ADDRESS : 15 HICKORY HILL ROAD
MORTGAGE AMT: 412,000.00 CITY MANCHESTER
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 MA 01944
UNPAID BALANCE: 411,636.500 OPTION TO CONVERT : No
MONTHLY P&I: 2,638.08 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080028780 MORTGAGORS: AMES, ELIZABETH
ADDRESS : 323 TAPPAN STREET
MORTGAGE AMT: 200,000.00 CITY BROOKLINE
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 MA 02445
UNPAID BALANCE: 200,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,264.14 ANNUAL RATE ADJUST: 0.000
LTV : 66.88963 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080029135 MORTGAGORS: HEATHER, ANTHONY
POCOCK, IVA
ADDRESS : 1906 B HAVEMEYER LANE
MORTGAGE AMT: 292,000.00 CITY REDONDO BEA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90278
UNPAID BALANCE: 291,777.810 OPTION TO CONVERT : No
MONTHLY P&I: 2,016.77 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080029432 MORTGAGORS: ADLER, JOHN
ADLER, SHELLY
ADDRESS : 61 CAMEO DRIVE
MORTGAGE AMT: 275,000.00 CITY CHERRY HILL
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NJ 08003
UNPAID BALANCE: 274,768.970 OPTION TO CONVERT : No
MONTHLY P&I: 1,806.55 ANNUAL RATE ADJUST: 0.000
LTV : 72.36842 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080029515 MORTGAGORS: FORTE, FRANCIOS
FORTE, CATHERINE
ADDRESS : 6512 SHORELINE DRIVE
MORTGAGE AMT: 254,000.00 CITY Little Elm
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 TX 75068
UNPAID BALANCE: 254,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,732.73 ANNUAL RATE ADJUST: 0.000
LTV : 79.38000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080029549 MORTGAGORS: WOODWORTH, ALISSA
ADDRESS : 2846 NORTH HALSTED STREET
MORTGAGE AMT: 260,000.00 CITY CHICAGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60657
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,751.67 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080029606 MORTGAGORS: VILLAREAL, STEVEN
ADDRESS : 1233 LANCELOT LANE
MORTGAGE AMT: 191,900.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 95127
UNPAID BALANCE: 191,734.780 OPTION TO CONVERT : No
MONTHLY P&I: 1,244.66 ANNUAL RATE ADJUST: 0.000
LTV : 79.97499 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080029622 MORTGAGORS: PENFIELD, JEFFERSON
PENFIELD, TONYA
ADDRESS : 2918 HIDDEN ELM
MORTGAGE AMT: 262,000.00 CITY San Antonio
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 TX 78261
UNPAID BALANCE: 262,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,721.15 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080029655 MORTGAGORS: SMITH, DONALD
Smith, Victoria
ADDRESS : 3100 BRIAR LANE
MORTGAGE AMT: 301,500.00 CITY Southlake
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 TX 76092
UNPAID BALANCE: 301,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,005.89 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080029705 MORTGAGORS: HILDEBRAND, RICHARD
HILDEBRAND, SUZANNE
ADDRESS : 4134 MURIETTA AVENUE
MORTGAGE AMT: 319,500.00 CITY SHERMAN OAK
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91423
UNPAID BALANCE: 319,256.880 OPTION TO CONVERT : No
MONTHLY P&I: 2,206.71 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080029754 MORTGAGORS: ZIVEN, DEBRA
ADDRESS : 2131 CENTURY PARK LANE
MORTGAGE AMT: 291,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90067
UNPAID BALANCE: 290,761.470 OPTION TO CONVERT : No
MONTHLY P&I: 1,949.34 ANNUAL RATE ADJUST: 0.000
LTV : 63.95604 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080029762 MORTGAGORS: KAHN, PETER
KAHN, CYNTHIA
ADDRESS : 4747 LASHEART DRIVE
MORTGAGE AMT: 530,000.00 CITY LA CANADA L
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 CA 91011
UNPAID BALANCE: 529,532.390 OPTION TO CONVERT : No
MONTHLY P&I: 3,393.65 ANNUAL RATE ADJUST: 0.000
LTV : 74.64789 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080029945 MORTGAGORS: PACE, LOUIS
pace, denise
PACE, DENISE
ADDRESS : 219 ALBERTA AVENUE
MORTGAGE AMT: 472,500.00 CITY SAN CARLOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94070
UNPAID BALANCE: 472,122.150 OPTION TO CONVERT : No
MONTHLY P&I: 3,183.32 ANNUAL RATE ADJUST: 0.000
LTV : 74.40945 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080030307 MORTGAGORS: MANIN, MARK
CORNBLATH, POLLY
ADDRESS : 99 GARDNER ROAD
MORTGAGE AMT: 254,000.00 CITY BROOKLINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02146
UNPAID BALANCE: 253,791.800 OPTION TO CONVERT : No
MONTHLY P&I: 1,689.87 ANNUAL RATE ADJUST: 0.000
LTV : 56.44444 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080030315 MORTGAGORS: LANE, EDWARD
LANE, JEANNE
ADDRESS : 215 BASSWOOD ROAD
MORTGAGE AMT: 432,000.00 CITY LAKE FOREST
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60045
UNPAID BALANCE: 431,645.890 OPTION TO CONVERT : No
MONTHLY P&I: 2,874.11 ANNUAL RATE ADJUST: 0.000
LTV : 49.09091 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080030513 MORTGAGORS: AURICHIO, FRANK
AURICHIO, JULIANNE
ADDRESS : 16 HILLSIDE PLACE
MORTGAGE AMT: 310,000.00 CITY FAIR HAVEN
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 NJ 07704
UNPAID BALANCE: 310,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,167.57 ANNUAL RATE ADJUST: 0.000
LTV : 70.45455 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080030778 MORTGAGORS: NGUYEN, DAVID
NGUYEN, KIMLOAN
ADDRESS : 4081 LAKECREST COURT
MORTGAGE AMT: 340,800.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 95148
UNPAID BALANCE: 340,305.090 OPTION TO CONVERT : No
MONTHLY P&I: 2,412.17 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080030893 MORTGAGORS: BALSAM, CARL
BALSAM, BARBARA
ADDRESS : 2022 MCDANIEL AVENUE
MORTGAGE AMT: 285,000.00 CITY EVANSTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60201
UNPAID BALANCE: 285,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,896.11 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080030992 MORTGAGORS: DORSEY, EARL
MENCHACA, DORA
ADDRESS : 2442 33RD STREET
MORTGAGE AMT: 650,000.00 CITY SANTA MONIC
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90405
UNPAID BALANCE: 649,480.210 OPTION TO CONVERT : No
MONTHLY P&I: 4,379.17 ANNUAL RATE ADJUST: 0.000
LTV : 78.31325 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080031313 MORTGAGORS: SCHOLL, LARRY
SCHOLL, MAURE
ADDRESS : 106 MASON AVENUE
MORTGAGE AMT: 275,000.00 CITY WEBSTER GRO
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MO 63119
UNPAID BALANCE: 274,768.970 OPTION TO CONVERT : No
MONTHLY P&I: 1,806.55 ANNUAL RATE ADJUST: 0.000
LTV : 84.35583 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080031529 MORTGAGORS: PECHAR, KEITH
ADDRESS : 1361 BURROWS ROAD
MORTGAGE AMT: 171,000.00 CITY CAMPBELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95008
UNPAID BALANCE: 170,859.830 OPTION TO CONVERT : No
MONTHLY P&I: 1,137.67 ANNUAL RATE ADJUST: 0.000
LTV : 55.16129 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080031586 MORTGAGORS: CHAMBERLAIN, JAMES
CHAMBERLAIN, BRIDGET
ADDRESS : 1037 WOODLAND AVENUE
MORTGAGE AMT: 484,000.00 CITY SAN CARLOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94070
UNPAID BALANCE: 484,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,260.80 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080031644 MORTGAGORS: ARNOLD, ERICH
ZHOU, JIE
ADDRESS : 1181 TALL OAKS
MORTGAGE AMT: 536,000.00 CITY NAPERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60540
UNPAID BALANCE: 536,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,566.03 ANNUAL RATE ADJUST: 0.000
LTV : 74.86034 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080031727 MORTGAGORS: RATHJE, ELLEN
BAXTER, ANDREW
ADDRESS : 6708 ROTAN DRIVE
MORTGAGE AMT: 251,672.00 CITY AUSTIN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 TX 78749
UNPAID BALANCE: 251,672.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,674.39 ANNUAL RATE ADJUST: 0.000
LTV : 94.99996 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080031768 MORTGAGORS: SMITH, STEVEN
ADDRESS : 305 RAVEN CLIFF
MORTGAGE AMT: 305,000.00 CITY CLEVELAND
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 SC 29635
UNPAID BALANCE: 305,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,003.64 ANNUAL RATE ADJUST: 0.000
LTV : 67.03297 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080031776 MORTGAGORS: Russell, Diana
Trevisani, Lucille
ADDRESS : 149 D Street
MORTGAGE AMT: 275,900.00 CITY Chula Vista
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91910
UNPAID BALANCE: 275,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,882.12 ANNUAL RATE ADJUST: 0.000
LTV : 89.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080031784 MORTGAGORS: MARSHALL, TERRE
ADDRESS : 2 ROCKWOOD ROAD
MORTGAGE AMT: 275,000.00 CITY NATICK
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 01760
UNPAID BALANCE: 275,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,852.73 ANNUAL RATE ADJUST: 0.000
LTV : 89.72268 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080031792 MORTGAGORS: FLORIANI, THOMAS
FLORIANI, GRACE
ADDRESS : 100 EAST 7TH STREET
MORTGAGE AMT: 138,000.00 CITY BEACH HAVEN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 08008
UNPAID BALANCE: 138,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,090.72 ANNUAL RATE ADJUST: 0.000
LTV : 61.33333 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0080031834 MORTGAGORS: PEARSON, TIMOTHY
PEARSON, PATRICIA
ADDRESS : 78 GOVERNOR DRIVE
MORTGAGE AMT: 340,000.00 CITY BASKING RID
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07920
UNPAID BALANCE: 340,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,319.40 ANNUAL RATE ADJUST: 0.000
LTV : 48.57143 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032006 MORTGAGORS: PHU, PHILLIP
HSU, CHIHHAN
ADDRESS : 76 MAYNARD FARM ROAD
MORTGAGE AMT: 327,000.00 CITY SUDBURY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 01776
UNPAID BALANCE: 327,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,203.06 ANNUAL RATE ADJUST: 0.000
LTV : 73.48315 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032170 MORTGAGORS: HWANG, JOSEPH
ADDRESS : 5708 154TH PLACE SW
MORTGAGE AMT: 269,750.00 CITY EDMONDS
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 WA 98026
UNPAID BALANCE: 269,523.370 OPTION TO CONVERT : No
MONTHLY P&I: 1,772.07 ANNUAL RATE ADJUST: 0.000
LTV : 94.98607 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032279 MORTGAGORS: BEARD, WILLIAM
PIRRO BEARD, SHARON
ADDRESS : 8061 WYNDHAM HILL
MORTGAGE AMT: 280,000.00 CITY GRANITE BAY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95746
UNPAID BALANCE: 279,770.480 OPTION TO CONVERT : No
MONTHLY P&I: 1,862.85 ANNUAL RATE ADJUST: 0.000
LTV : 78.87324 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032295 MORTGAGORS: BERGER, STACY
OLSEN, JAMES
ADDRESS : 5710 FERNWOOD DRIVE
MORTGAGE AMT: 275,000.00 CITY SHINGLE SPR
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 95682
UNPAID BALANCE: 274,763.230 OPTION TO CONVERT : No
MONTHLY P&I: 1,783.65 ANNUAL RATE ADJUST: 0.000
LTV : 57.89474 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032329 MORTGAGORS: STANFORD, CHARLES
STANFORD, AVA
ADDRESS : 11405 E DE LA O ROAD
MORTGAGE AMT: 441,550.00 CITY Scottsdale
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 AZ 85255
UNPAID BALANCE: 441,550.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,937.64 ANNUAL RATE ADJUST: 0.000
LTV : 79.56000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032410 MORTGAGORS: O'BRIEN, TIMOTHY
O'BRIEN, PEGGY
ADDRESS : 1825 HUNTERS COURT
MORTGAGE AMT: 630,000.00 CITY Steamboat Springs
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80477
UNPAID BALANCE: 630,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,191.41 ANNUAL RATE ADJUST: 0.000
LTV : 50.40000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032550 MORTGAGORS: KICK, RICHARD
KICK, TONI
ADDRESS : 1424 KALLIEN AVE
MORTGAGE AMT: 320,000.00 CITY NAPERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60540
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,128.97 ANNUAL RATE ADJUST: 0.000
LTV : 71.91011 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032576 MORTGAGORS: AKIE, RONALD
MOONEY, DAVID
ADDRESS : 174 WEST BROOKLINE STREET
MORTGAGE AMT: 424,200.00 CITY BOSTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MA 02118
UNPAID BALANCE: 424,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,893.79 ANNUAL RATE ADJUST: 0.000
LTV : 38.56364 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032618 MORTGAGORS: OCONNOR, JOHN
OCONNOR, SHEILA
ADDRESS : 11 WOODLAWN AVENUE
MORTGAGE AMT: 365,000.00 CITY NEEDHAM
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 02192
UNPAID BALANCE: 365,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,459.07 ANNUAL RATE ADJUST: 0.000
LTV : 59.83607 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032824 MORTGAGORS: SPENCE, RAYMOND
SPENCE, NORINE
ADDRESS : 206 SPRING GROVE LANE
MORTGAGE AMT: 472,000.00 CITY SAN RAFAEL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94901
UNPAID BALANCE: 471,613.100 OPTION TO CONVERT : No
MONTHLY P&I: 3,140.23 ANNUAL RATE ADJUST: 0.000
LTV : 74.98014 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032931 MORTGAGORS: Ward, Michael
Ward, Laura
ADDRESS : 46 Livingston Road
MORTGAGE AMT: 555,000.00 CITY WELLESLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 02481
UNPAID BALANCE: 555,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,739.14 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080032972 MORTGAGORS: MC CLELLAN, MICHAEL
ADDRESS : 2906 COWPER STREET
MORTGAGE AMT: 290,000.00 CITY PALO ALTO
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 94306
UNPAID BALANCE: 289,750.310 OPTION TO CONVERT : No
MONTHLY P&I: 1,880.94 ANNUAL RATE ADJUST: 0.000
LTV : 51.69340 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080033053 MORTGAGORS: BILBAO, PETER
BILBAO, CLAUDIA
ADDRESS : 485 GRIZZLY PEAK BOULEVAR
MORTGAGE AMT: 320,000.00 CITY BERKELEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94708
UNPAID BALANCE: 319,737.700 OPTION TO CONVERT : No
MONTHLY P&I: 2,128.97 ANNUAL RATE ADJUST: 0.000
LTV : 75.29412 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080033137 MORTGAGORS: SEPULVEDA, SERGIO
SEPULVEDA, SANDY
ADDRESS : 1702 BONANZA AVENUE
MORTGAGE AMT: 258,700.00 CITY SIMI VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 93063
UNPAID BALANCE: 258,487.940 OPTION TO CONVERT : No
MONTHLY P&I: 1,721.14 ANNUAL RATE ADJUST: 0.000
LTV : 89.98261 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080033293 MORTGAGORS: ZURK, LISA
Pinton, Michel
PINTON, MICHEL
ADDRESS : 16 WYNDCLIFF DRIVE
MORTGAGE AMT: 330,000.00 CITY ACTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 01720
UNPAID BALANCE: 330,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,223.28 ANNUAL RATE ADJUST: 0.000
LTV : 76.56613 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080033517 MORTGAGORS: BISSINGER, MICHAEL
BISSINGER, KRISTIN
ADDRESS : 31 FAIRFIELD AVE
MORTGAGE AMT: 287,150.00 CITY RANDOLPH
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07869
UNPAID BALANCE: 287,150.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,958.87 ANNUAL RATE ADJUST: 0.000
LTV : 75.76517 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080033566 MORTGAGORS: COHEN, STEVEN
COHEN, DANA
ADDRESS : 3363 OLD MILL ROAD
MORTGAGE AMT: 512,000.00 CITY NORTHBROOK
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60062
UNPAID BALANCE: 512,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,406.35 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080033681 MORTGAGORS: NORIEGA, MARK
Noriega, Karen
NORIEGA, KAREN
ADDRESS : 2742 ESSEX PLACE
MORTGAGE AMT: 348,000.00 CITY EL DORADO H
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 95762
UNPAID BALANCE: 347,748.130 OPTION TO CONVERT : No
MONTHLY P&I: 2,463.12 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080033897 MORTGAGORS: MONTGOMERY, PETER
MONTGOMERY, VICTORIA
ADDRESS : 32261 DUNCAN TERRACE
MORTGAGE AMT: 279,000.00 CITY VALLEY CENT
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92082
UNPAID BALANCE: 279,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,879.67 ANNUAL RATE ADJUST: 0.000
LTV : 69.76744 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080033921 MORTGAGORS: NOGI, TETSUJI
NOGI, LAURELYN
ADDRESS : 36330 PERKINS STREET
MORTGAGE AMT: 261,200.00 CITY FREMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94538
UNPAID BALANCE: 260,985.900 OPTION TO CONVERT : No
MONTHLY P&I: 1,737.77 ANNUAL RATE ADJUST: 0.000
LTV : 78.43844 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080033939 MORTGAGORS: INGLESE, EDWARD
INGLESE, DEBORAH
ADDRESS : 612 BRIGHAM YOUNG DRIVE
MORTGAGE AMT: 478,400.00 CITY CLAREMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91711
UNPAID BALANCE: 478,007.860 OPTION TO CONVERT : No
MONTHLY P&I: 3,182.81 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080034135 MORTGAGORS: ROSSINI, LAWRENCE
LIVINGSTON, SALLY
ADDRESS : 62 MARTIN ROAD
MORTGAGE AMT: 519,200.00 CITY CONCORD
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MA 01742
UNPAID BALANCE: 519,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,630.32 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080034143 MORTGAGORS: DIAMOND, ERIC
DIAMOND, ROBIN
ADDRESS : 2 HEMLOCK CT
MORTGAGE AMT: 287,800.00 CITY EAST BRUNSW
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 08816
UNPAID BALANCE: 287,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,963.31 ANNUAL RATE ADJUST: 0.000
LTV : 79.97777 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080034382 MORTGAGORS: LANE, JOHN
T LANE, LORRAINE
ADDRESS : 27 WEST RAYBURN ROAD
MORTGAGE AMT: 278,000.00 CITY MILLINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07946
UNPAID BALANCE: 278,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,872.94 ANNUAL RATE ADJUST: 0.000
LTV : 79.42857 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080034507 MORTGAGORS: SHERBAHN, RICHARD
ADDRESS : 42695 LINDEN LANE
MORTGAGE AMT: 288,000.00 CITY ANTIOCH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60002
UNPAID BALANCE: 288,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,916.08 ANNUAL RATE ADJUST: 0.000
LTV : 79.77839 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080034515 MORTGAGORS: HANNEY, BRIAN
HANNEY, MICHELLE
ADDRESS : 31 CORNERSTONE DRIVE
MORTGAGE AMT: 100,000.00 CITY NORTH EASTO
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 MA 02356
UNPAID BALANCE: 100,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 632.07 ANNUAL RATE ADJUST: 0.000
LTV : 21.14165 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080034655 MORTGAGORS: COSS, JUAN
MARTINEZ, PATRICIA
ADDRESS : 2876 FLINT AVENUE
MORTGAGE AMT: 270,750.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95148
UNPAID BALANCE: 270,326.310 OPTION TO CONVERT : No
MONTHLY P&I: 1,846.99 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080034804 MORTGAGORS: GALLAGHER, CHARLES
HARRISON GAL, BRENDA
ADDRESS : 233 BAYBERRY LANE
MORTGAGE AMT: 440,000.00 CITY WESTPORT
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CT 06880
UNPAID BALANCE: 440,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,964.36 ANNUAL RATE ADJUST: 0.000
LTV : 70.96774 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035066 MORTGAGORS: CHRISTIAN, CHAD
ADDRESS : 865 WEST 20TH STREET
MORTGAGE AMT: 229,500.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90731
UNPAID BALANCE: 229,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,546.18 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035074 MORTGAGORS: KHOURY, GEORGE
KHOURY, COURTENAY
ADDRESS : 15 TOKENEKE TRAIL
MORTGAGE AMT: 550,000.00 CITY DARIEN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CT 06820
UNPAID BALANCE: 550,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,705.45 ANNUAL RATE ADJUST: 0.000
LTV : 16.92308 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035140 MORTGAGORS: ECHELARD, YANN
FUJIWARA, YUKO
ADDRESS : 248 MOSS HILL ROAD
MORTGAGE AMT: 256,000.00 CITY JAMAICA PLA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02130
UNPAID BALANCE: 256,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,703.17 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035199 MORTGAGORS: BELL, ERIN
ADAMS, THOMAS
ADDRESS : 88 WILLISTON ROAD
MORTGAGE AMT: 475,000.00 CITY BROOKLINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02446
UNPAID BALANCE: 475,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,160.19 ANNUAL RATE ADJUST: 0.000
LTV : 72.29833 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035249 MORTGAGORS: MONTAGNINO, JAMES
MONTAGNINO, SUSAN
ADDRESS : 2503 DUNHAM WOODS COURT
MORTGAGE AMT: 418,000.00 CITY ST CHARLES
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 IL 60174
UNPAID BALANCE: 418,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,676.50 ANNUAL RATE ADJUST: 0.000
LTV : 79.99663 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035264 MORTGAGORS: BAKER, ROBERT
BAKER, BARBARA
ADDRESS : 222 S SUGAN ROAD
MORTGAGE AMT: 300,000.00 CITY NEW HOPE
:\
STATE/ZIP :\
LIFETIME RATE : 6.25000 PA 18938
UNPAID BALANCE: 299,715.350 OPTION TO CONVERT : No
MONTHLY P&I: 1,847.15 ANNUAL RATE ADJUST: 0.000
LTV : 78.94737 OUTSIDE CONV DATE:
CURRENT INT 6.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035389 MORTGAGORS: LUDwIG, ROGER
LUDWIG, SUSAN
ADDRESS : 19 GROVERS AVENUE
MORTGAGE AMT: 312,000.00 CITY BRIDGEPORT
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CT 06606
UNPAID BALANCE: 312,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,128.39 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035462 MORTGAGORS: BURT, MICHAEL
BURT, CATHERINE
ADDRESS : 119 LEE STREET
MORTGAGE AMT: 387,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WA 98109
UNPAID BALANCE: 387,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,640.02 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035512 MORTGAGORS: LEONARD, SHAWN
LEONARD, KATHLEEN
ADDRESS : 43651 SE 171ST STREET
MORTGAGE AMT: 249,600.00 CITY NORTH BEND
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WA 98045
UNPAID BALANCE: 249,400.400 OPTION TO CONVERT : No
MONTHLY P&I: 1,681.60 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035538 MORTGAGORS: LEE, DARRIN
WESTERHOUT L, VANESSA
ADDRESS : 10034 177TH AVENUE NORTHE
MORTGAGE AMT: 279,600.00 CITY REDMOND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98052
UNPAID BALANCE: 279,370.810 OPTION TO CONVERT : No
MONTHLY P&I: 1,860.19 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035553 MORTGAGORS: MCCABE, MARYA
BABONAS, WILLIAM
ADDRESS : 808 33RD AVENUE
MORTGAGE AMT: 285,600.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98122
UNPAID BALANCE: 285,365.900 OPTION TO CONVERT : No
MONTHLY P&I: 1,900.10 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035678 MORTGAGORS: CUSANELLO, DAVID
MANICKAS, KRISTA
ADDRESS : 55 LEDGELAWN AVENUE
MORTGAGE AMT: 463,000.00 CITY LEXINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MA 02420
UNPAID BALANCE: 462,611.010 OPTION TO CONVERT : No
MONTHLY P&I: 3,041.59 ANNUAL RATE ADJUST: 0.000
LTV : 78.47458 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035702 MORTGAGORS: WAUTERS, KEITH
WAUTERS, RUTH
ADDRESS : 3 INDIGO LANE
MORTGAGE AMT: 273,000.00 CITY WESTFORD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 01886
UNPAID BALANCE: 272,781.690 OPTION TO CONVERT : No
MONTHLY P&I: 1,839.25 ANNUAL RATE ADJUST: 0.000
LTV : 71.84211 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035793 MORTGAGORS: JACOBS, DOUGLAS
ADDRESS : 140 BASSWOOD LANE
MORTGAGE AMT: 600,000.00 CITY MORELAND HI
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 OH 44022
UNPAID BALANCE: 600,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,941.57 ANNUAL RATE ADJUST: 0.000
LTV : 60.91371 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080035900 MORTGAGORS: STETINA, KIT
stetina, deborah
STETINA, DEBORAH
ADDRESS : 7345 VISTA RANCHO COURT
MORTGAGE AMT: 843,000.00 CITY RANCHO SANT
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92067
UNPAID BALANCE: 842,358.550 OPTION TO CONVERT : No
MONTHLY P&I: 5,822.39 ANNUAL RATE ADJUST: 0.000
LTV : 49.58824 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0080036247 MORTGAGORS: D AVANZO, LOUIS
SCHWARTZ, TANYA
ADDRESS : 1123 KOOHOO PLACE
MORTGAGE AMT: 360,000.00 CITY KAILUA
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 HI 96734
UNPAID BALANCE: 360,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,305.12 ANNUAL RATE ADJUST: 0.000
LTV : 62.06897 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080036346 MORTGAGORS: SMITH, MARK
SMITH, LORI
ADDRESS : 27110 HIGHLANDS LANE
MORTGAGE AMT: 270,250.00 CITY Valencia (AREA)
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 CA 91354
UNPAID BALANCE: 270,011.570 OPTION TO CONVERT : No
MONTHLY P&I: 1,730.44 ANNUAL RATE ADJUST: 0.000
LTV : 77.21429 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080036676 MORTGAGORS: HARRIGAN, ANTHONY
HARRIGAN, CHASE
ADDRESS : 5014 GLENBROOK TERRACE
MORTGAGE AMT: 547,500.00 CITY WASHINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 DC 20016
UNPAID BALANCE: 547,093.680 OPTION TO CONVERT : No
MONTHLY P&I: 3,828.20 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080037468 MORTGAGORS: L SMITH, MICHAEL
ADDRESS : 21 ZANCO WAY
MORTGAGE AMT: 248,800.00 CITY NOVATO
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94947
UNPAID BALANCE: 248,615.350 OPTION TO CONVERT : No
MONTHLY P&I: 1,739.65 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080037641 MORTGAGORS: FICO, CYNTHIA
SIMPSON, JOHN
SIMPSON, JOHN
ADDRESS : 133 EATONS NECK ROAD
MORTGAGE AMT: 261,700.00 CITY EATONS NECK
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 NY 11768
UNPAID BALANCE: 261,505.790 OPTION TO CONVERT : No
MONTHLY P&I: 1,829.84 ANNUAL RATE ADJUST: 0.000
LTV : 94.99093 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080037674 MORTGAGORS: DECKER, MARK
DECKER, CAROLYN
DECKER, CAROLYN
ADDRESS : 27 SUBURBAN AVENUE
MORTGAGE AMT: 388,000.00 CITY COS COB
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CT 06807
UNPAID BALANCE: 388,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,712.95 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080037708 MORTGAGORS: VIGNALE, STEPHEN
VIGNALE, SUSAN
ADDRESS : 4118 LANTERMAN LANE
MORTGAGE AMT: 320,000.00 CITY LA CANADA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91011
UNPAID BALANCE: 319,750.370 OPTION TO CONVERT : No
MONTHLY P&I: 2,182.96 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080038334 MORTGAGORS: GELLER, GREGORY
GELLER, RACHELLE
ADDRESS : 370 JACKSON STREET
MORTGAGE AMT: 418,500.00 CITY DENVER
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CO 80206
UNPAID BALANCE: 418,181.550 OPTION TO CONVERT : No
MONTHLY P&I: 2,890.48 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080038961 MORTGAGORS: PUTSCHE, HARRY
PUTSCHE, MARLENE
ADDRESS : 8913 CHESAPEAKE AVENUE
MORTGAGE AMT: 265,000.00 CITY BALTIMORE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 21219
UNPAID BALANCE: 262,059.840 OPTION TO CONVERT : No
MONTHLY P&I: 1,807.77 ANNUAL RATE ADJUST: 0.000
LTV : 84.12698 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080039118 MORTGAGORS: HARRISSON, PETER
Harrisson, Charlena
HARRISSON, CHARLENA
ADDRESS : 6 HASSAKE ROAD
MORTGAGE AMT: 308,000.00 CITY GREENWICH
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CT 06830
UNPAID BALANCE: 308,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,023.34 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080039407 MORTGAGORS: CAPOZZA, MICHAEL
CAPOZZA, MARIANNE
ADDRESS : 101 GARDENIA AVENUE
MORTGAGE AMT: 275,500.00 CITY PONTE VEDRA
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 FL 32082
UNPAID BALANCE: 275,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,926.34 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080039589 MORTGAGORS: GUADAGNO, ALBERT
BRYAN, JANE
BRYAN, JAMES
ADDRESS : 905 13TH AVENUE EAST
MORTGAGE AMT: 431,500.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WA 98102
UNPAID BALANCE: 431,163.390 OPTION TO CONVERT : No
MONTHLY P&I: 2,943.59 ANNUAL RATE ADJUST: 0.000
LTV : 53.27160 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080039688 MORTGAGORS: SCHULLER, ARTHUR
SCHULLER, JANE
ADDRESS : 26401 LUCIE LANE
MORTGAGE AMT: 500,000.00 CITY Salinas
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 93908
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,326.51 ANNUAL RATE ADJUST: 0.000
LTV : 76.92000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080039704 MORTGAGORS: LEIBOVITZ, JEFFREY
BIRD, LOUISE
ADDRESS : 115-117 SOUTH PARK STREET
MORTGAGE AMT: 483,200.00 CITY San Francisco
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94107
UNPAID BALANCE: 483,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,378.60 ANNUAL RATE ADJUST: 0.000
LTV : 73.21000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080039712 MORTGAGORS: NEATHERTON, MICHAEL
NEATHERTON, MARIA
ADDRESS : 39550 REGENCY WAY
MORTGAGE AMT: 252,000.00 CITY PALM DESERT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92211
UNPAID BALANCE: 251,793.440 OPTION TO CONVERT : No
MONTHLY P&I: 1,676.56 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080039787 MORTGAGORS: TRUITT, LAURA
DOUGHERTY, CHARLES
ADDRESS : 3715 TANGLEWOOD LANE
MORTGAGE AMT: 250,000.00 CITY DAVIDSONVIL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 21035
UNPAID BALANCE: 249,795.070 OPTION TO CONVERT : No
MONTHLY P&I: 1,663.26 ANNUAL RATE ADJUST: 0.000
LTV : 71.42857 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080039886 MORTGAGORS: DAVIS, HUBERT
DAVIS, SALLY
ADDRESS : 806 VISTA DEL LAGO
MORTGAGE AMT: 306,000.00 CITY HUFFMAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 TX 77336
UNPAID BALANCE: 305,755.300 OPTION TO CONVERT : No
MONTHLY P&I: 2,061.58 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080039928 MORTGAGORS: WALCZAK, THOMAS
WALCZAK, VALERIE
ADDRESS : 17 PINEHURST DRIVE
MORTGAGE AMT: 248,000.00 CITY MAMMOTH LAK
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 93546
UNPAID BALANCE: 247,796.720 OPTION TO CONVERT : No
MONTHLY P&I: 1,649.95 ANNUAL RATE ADJUST: 0.000
LTV : 77.62128 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080039936 MORTGAGORS: OHERN, PARTICK
OHERN, BONNIE
ADDRESS : 1061 SOUTH PATRICK WAY
MORTGAGE AMT: 352,500.00 CITY ANAHEIM
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92808
UNPAID BALANCE: 352,218.110 OPTION TO CONVERT : No
MONTHLY P&I: 2,374.86 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080040017 MORTGAGORS: VAILLANCOURT, EDWARD
VAILLANCOURT, STACY
ADDRESS : 107 WESTFORD STREET
MORTGAGE AMT: 355,000.00 CITY DUNSTABLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MA 01827
UNPAID BALANCE: 351,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,482.22 ANNUAL RATE ADJUST: 0.000
LTV : 88.75000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080040066 MORTGAGORS: PALMER, ROBERT
RYAN PALMER, MARYANNE
ADDRESS : 89 STETSON ROAD
MORTGAGE AMT: 258,000.00 CITY NORWELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MA 02061
UNPAID BALANCE: 258,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,781.95 ANNUAL RATE ADJUST: 0.000
LTV : 74.78261 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080040082 MORTGAGORS: BARBERA, ROBERT
BARBERA, TERRI
ADDRESS : 228 LORRAINE COURT
MORTGAGE AMT: 319,950.00 CITY HEALDSBURG
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 95448
UNPAID BALANCE: 319,706.540 OPTION TO CONVERT : No
MONTHLY P&I: 2,209.82 ANNUAL RATE ADJUST: 0.000
LTV : 79.99750 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080040199 MORTGAGORS: STEINHORN, JEFFREY
ADDRESS : 16 TIGER HILL DRIVE
MORTGAGE AMT: 408,000.00 CITY PEAPACK-GLADSTONE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 07934
UNPAID BALANCE: 408,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,714.43 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080040231 MORTGAGORS: SUMMER, RICHARD
SUMMER, GIULIANA
ADDRESS : 112 CLARA PLACE
MORTGAGE AMT: 280,600.00 CITY ELMHURST
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60126
UNPAID BALANCE: 280,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,890.46 ANNUAL RATE ADJUST: 0.000
LTV : 94.98984 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080040298 MORTGAGORS: Stamberg, David
Stramberg, Nina
ADDRESS : 20 Patton lane
MORTGAGE AMT: 300,000.00 CITY Center
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 08051
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 44.78000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080040322 MORTGAGORS: COYLE, JOHN
COYLE, SUSAN
ADDRESS : 109 COUNTRY VIEW DRIVE
MORTGAGE AMT: 355,000.00 CITY FREEHOLD
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 07728
UNPAID BALANCE: 355,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,361.83 ANNUAL RATE ADJUST: 0.000
LTV : 79.96432 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080040389 MORTGAGORS: PFLUG, PETER
PFLUG, LISA
ADDRESS : 60 ROUND HILL ROAD
MORTGAGE AMT: 385,900.00 CITY FREEHOLD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07728
UNPAID BALANCE: 385,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,599.88 ANNUAL RATE ADJUST: 0.000
LTV : 77.95960 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080040710 MORTGAGORS: DEBEL, ANDRE
DEBEL, PATRICIA
DEBEL, PATRICIA
ADDRESS : 173 GRANT COURT
MORTGAGE AMT: 334,000.00 CITY PETALUMA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94952
UNPAID BALANCE: 333,726.220 OPTION TO CONVERT : No
MONTHLY P&I: 2,222.11 ANNUAL RATE ADJUST: 0.000
LTV : 69.29461 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080041262 MORTGAGORS: PHELPS, RICK
PHELPS, LINDA
ADDRESS : 90 JOPPA HILL ROAD
MORTGAGE AMT: 355,200.00 CITY BEDFORD
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 NH 03110
UNPAID BALANCE: 355,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,303.83 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080041411 MORTGAGORS: WEINBERGER, STANLEY
WEINBERGER, MARINA
ADDRESS : 84 BERKELEY AVENUE
MORTGAGE AMT: 392,000.00 CITY SAN ANSELMO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94960
UNPAID BALANCE: 391,701.720 OPTION TO CONVERT : No
MONTHLY P&I: 2,707.45 ANNUAL RATE ADJUST: 0.000
LTV : 65.33333 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080041494 MORTGAGORS: BORELLI, NEAL
ADDRESS : 834 ROMANI COURT
MORTGAGE AMT: 282,950.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95125
UNPAID BALANCE: 282,718.060 OPTION TO CONVERT : No
MONTHLY P&I: 1,882.48 ANNUAL RATE ADJUST: 0.000
LTV : 57.28057 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080041635 MORTGAGORS: GEE, MICHAEL
GEE, CHRISTINE
ADDRESS : 3 SUNSET LANE
MORTGAGE AMT: 188,000.00 CITY SOUTH CHINA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 ME 04358
UNPAID BALANCE: 187,849.650 OPTION TO CONVERT : No
MONTHLY P&I: 1,266.60 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080041742 MORTGAGORS: BAGG, ROD
LANG, MARY
ADDRESS : 1157 SHASTA AVE
MORTGAGE AMT: 317,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95126
UNPAID BALANCE: 316,740.160 OPTION TO CONVERT : No
MONTHLY P&I: 2,109.01 ANNUAL RATE ADJUST: 0.000
LTV : 79.25000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080042096 MORTGAGORS: XIAO, SIZHANG
REN, MEINA
ADDRESS : 18742 ALFRED AVENUE
MORTGAGE AMT: 300,000.00 CITY CERRITOS
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 90703
UNPAID BALANCE: 299,741.700 OPTION TO CONVERT : No
MONTHLY P&I: 1,945.80 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080042112 MORTGAGORS: HOFFEND, CRAIG
ADDRESS : 1453 S INDIANA AVENUE
MORTGAGE AMT: 255,000.00 CITY CHICAGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60605
UNPAID BALANCE: 255,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,717.99 ANNUAL RATE ADJUST: 0.000
LTV : 64.55696 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080042237 MORTGAGORS: GONZALEZ, JOHN
YATES, BEVERLY
ADDRESS : 2022 NE 15TH AVENUE
MORTGAGE AMT: 347,000.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 OR 97212
UNPAID BALANCE: 346,715.570 OPTION TO CONVERT : No
MONTHLY P&I: 2,308.60 ANNUAL RATE ADJUST: 0.000
LTV : 79.77011 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080042443 MORTGAGORS: PANICO, MICHELLE
ADDRESS : 345 HOLLY FERRY ROAD
MORTGAGE AMT: 525,000.00 CITY PROSPERITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 SC 29127
UNPAID BALANCE: 524,600.510 OPTION TO CONVERT : No
MONTHLY P&I: 3,626.05 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080042526 MORTGAGORS: KHARASH, GALINA
KHARASH, ARKADY
ADDRESS : 9 RUSSEL PARK ROAD
MORTGAGE AMT: 292,300.00 CITY SYOSSET
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 NY 11791
UNPAID BALANCE: 291,721.650 OPTION TO CONVERT : No
MONTHLY P&I: 2,222.54 ANNUAL RATE ADJUST: 0.000
LTV : 64.24176 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0080042575 MORTGAGORS: HALE, MARLUND
HALE, ROCHELLE
ADDRESS : 663 BRISTOL AVENUE
MORTGAGE AMT: 322,000.00 CITY SIMI VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 93065
UNPAID BALANCE: 321,729.480 OPTION TO CONVERT : No
MONTHLY P&I: 2,115.31 ANNUAL RATE ADJUST: 0.000
LTV : 76.66667 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080042831 MORTGAGORS: BRANCACCIO, VINCENT
ADDRESS : 3 ANDREW WYETH WAY
MORTGAGE AMT: 257,600.00 CITY EVESHAM TWP
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 08053
UNPAID BALANCE: 257,388.850 OPTION TO CONVERT : No
MONTHLY P&I: 1,713.82 ANNUAL RATE ADJUST: 0.000
LTV : 79.79555 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080042971 MORTGAGORS: KIDD, BRUCE
KIDD, JANA
ADDRESS : 24575 PASEO DE TORONTO
MORTGAGE AMT: 337,000.00 CITY YORBA LINDA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92887
UNPAID BALANCE: 336,670.700 OPTION TO CONVERT : No
MONTHLY P&I: 2,327.58 ANNUAL RATE ADJUST: 0.000
LTV : 70.20833 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080043409 MORTGAGORS: PAFF, MITCHELL
ADDRESS : 1714 MARSHALL FIELD LANE
MORTGAGE AMT: 372,600.00 CITY REDONDO BEA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 90278
UNPAID BALANCE: 372,286.970 OPTION TO CONVERT : No
MONTHLY P&I: 2,447.72 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080043680 MORTGAGORS: LOUBE, DANIEL
LOUBE, ALICIA
ADDRESS : 3048 32ND AVENUE WEST
MORTGAGE AMT: 395,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 WA 98199
UNPAID BALANCE: 394,651.500 OPTION TO CONVERT : No
MONTHLY P&I: 2,529.23 ANNUAL RATE ADJUST: 0.000
LTV : 84.95537 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080043789 MORTGAGORS: AMSDEN, NEAL
AMSDEN, CHRISTA
ADDRESS : 1580 TRUMAN AVENUE
MORTGAGE AMT: 550,000.00 CITY LOS ALTOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94024
UNPAID BALANCE: 549,581.500 OPTION TO CONVERT : No
MONTHLY P&I: 3,798.71 ANNUAL RATE ADJUST: 0.000
LTV : 68.83605 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080043821 MORTGAGORS: DAKERS, JEANNIE
BENNETT, NANCY
BENNETT, JAMES
ADDRESS : 5205 WINDING WAY
MORTGAGE AMT: 260,500.00 CITY AUBURN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95602
UNPAID BALANCE: 260,286.470 OPTION TO CONVERT : No
MONTHLY P&I: 1,733.11 ANNUAL RATE ADJUST: 0.000
LTV : 75.94752 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080043854 MORTGAGORS: BENIOFF, RON
BENIOFF, NANCY
ADDRESS : 1920 PARFET ESTATES DR
MORTGAGE AMT: 302,000.00 CITY GOLDEN
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CO 80401
UNPAID BALANCE: 300,951.120 OPTION TO CONVERT : No
MONTHLY P&I: 1,958.77 ANNUAL RATE ADJUST: 0.000
LTV : 79.89418 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 02/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080043862 MORTGAGORS: BROOKS, WAYNE
ADDRESS : 6062 LIDO LANE
MORTGAGE AMT: 1,600,000.00 CITY LONG BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 90803
UNPAID BALANCE: 1,598,812. OPTION TO CONVERT : No
560
MONTHLY P&I: 11,187.44 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0080043995 MORTGAGORS: LOTFABADI, HADI
ADDRESS : 3327 SPARR BLVD
MORTGAGE AMT: 265,600.00 CITY GLENDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91208
UNPAID BALANCE: 265,397.900 OPTION TO CONVERT : No
MONTHLY P&I: 1,834.43 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080044480 MORTGAGORS: SANDERS, TERESA
SANDERS, CHARLES
ADDRESS : 1236 HIGHLAND LAKES TRAIL
MORTGAGE AMT: 305,000.00 CITY BIRMINGHAM
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 AL 35242
UNPAID BALANCE: 304,743.760 OPTION TO CONVERT : No
MONTHLY P&I: 2,003.64 ANNUAL RATE ADJUST: 0.000
LTV : 53.50877 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080044563 MORTGAGORS: REYNOLDS, RONALD
ADDRESS : 28626 SOUTH MOUNT WHITNEY
MORTGAGE AMT: 278,000.00 CITY RANCHO PALO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90275
UNPAID BALANCE: 277,777.690 OPTION TO CONVERT : No
MONTHLY P&I: 1,872.94 ANNUAL RATE ADJUST: 0.000
LTV : 78.30986 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080044589 MORTGAGORS: ROBLES, MANOLO
ROBLES, EMELITA
ADDRESS : 19824 TURTLE SPRINGS WAY
MORTGAGE AMT: 340,000.00 CITY NORTHRIDGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91326
UNPAID BALANCE: 339,734.770 OPTION TO CONVERT : No
MONTHLY P&I: 2,319.40 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080044621 MORTGAGORS: FAGAN, JOHN
FAGAN, JULIE
ADDRESS : 230 NORTH 2350 EAST
MORTGAGE AMT: 257,600.00 CITY LAYTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 UT 84040
UNPAID BALANCE: 257,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,713.82 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080044647 MORTGAGORS: CHANG, CHAN
ADDRESS : 28418 GOLDEN MEADOW DRIVE
MORTGAGE AMT: 283,500.00 CITY RANCHO PALO
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 90274
UNPAID BALANCE: 283,077.880 OPTION TO CONVERT : No
MONTHLY P&I: 1,982.28 ANNUAL RATE ADJUST: 0.000
LTV : 63.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080044712 MORTGAGORS: SKIFFINGTON, THOMAS
Skiffington, Gina
SKIFFINGTON, GINA
ADDRESS : 24 ENDSLOW LN
MORTGAGE AMT: 352,000.00 CITY PERKASIE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 PA 18944
UNPAID BALANCE: 352,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,401.26 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080044753 MORTGAGORS: SCOTT, JEFFREY
SCOTT, KRISTY
ADDRESS : 5375 PINTAIL STREET
MORTGAGE AMT: 396,050.00 CITY LA VERNE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91750
UNPAID BALANCE: 395,717.270 OPTION TO CONVERT : No
MONTHLY P&I: 2,601.77 ANNUAL RATE ADJUST: 0.000
LTV : 80.00202 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080044787 MORTGAGORS: BORENSTEIN, ABRAHAM
BORENSTEIN, SILVIA
ADDRESS : 493 HERBERT STREET
MORTGAGE AMT: 260,000.00 CITY WEST HEMPST
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NY 11552
UNPAID BALANCE: 259,792.080 OPTION TO CONVERT : No
MONTHLY P&I: 1,751.67 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080044811 MORTGAGORS: DHAR, SANSAY
DHAR, MONA
ADDRESS : 5764 OWL LIGHT TERRACE
MORTGAGE AMT: 400,000.00 CITY SANTA ROSA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95409
UNPAID BALANCE: 399,680.120 OPTION TO CONVERT : No
MONTHLY P&I: 2,694.88 ANNUAL RATE ADJUST: 0.000
LTV : 85.83691 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080044894 MORTGAGORS: BRYSON, PAMELA
OLSEN, KATHRYN
ADDRESS : 3808 RUDNICK ROAD
MORTGAGE AMT: 320,000.00 CITY Jamul
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91935
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,102.17 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080044977 MORTGAGORS: LA MOUREA, ALPHONSE
LA MOUREA, CORDULA
LA MOUREA, JAMES
LA MOUREA, LALAINE
ADDRESS : 5373 PASEO CAMEO
MORTGAGE AMT: 270,000.00 CITY SANTA BARBA
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 CA 93111
UNPAID BALANCE: 269,814.190 OPTION TO CONVERT : No
MONTHLY P&I: 1,957.69 ANNUAL RATE ADJUST: 0.000
LTV : 63.98104 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080045024 MORTGAGORS: LY, TUNG
LY, KIM
ADDRESS : 8661 LUSS DRIVE
MORTGAGE AMT: 292,000.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92646
UNPAID BALANCE: 291,772.210 OPTION TO CONVERT : No
MONTHLY P&I: 1,991.96 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080045263 MORTGAGORS: BEATIE, RICHARD
BEATIE, SHIRLEY
ADDRESS : 29 CONSTELLATION WAY
MORTGAGE AMT: 310,000.00 CITY COTO DE CAZ
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92686
UNPAID BALANCE: 309,271.320 OPTION TO CONVERT : No
MONTHLY P&I: 2,114.15 ANNUAL RATE ADJUST: 0.000
LTV : 74.54790 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080045271 MORTGAGORS: LYALL, LUCIAN
LYALL, BETH
ADDRESS : 26 LAKE VIEW DRIVE
MORTGAGE AMT: 497,500.00 CITY COTO DE CAZ
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92679
UNPAID BALANCE: 496,269.460 OPTION TO CONVERT : No
MONTHLY P&I: 3,309.88 ANNUAL RATE ADJUST: 0.000
LTV : 62.38245 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080045719 MORTGAGORS: PRZYBYSZ, JANE
WARTHER, MARK
ADDRESS : 472 S 9TH STREET
MORTGAGE AMT: 199,200.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95112
UNPAID BALANCE: 199,036.720 OPTION TO CONVERT : No
MONTHLY P&I: 1,325.28 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080045792 MORTGAGORS: TILTON, GEORGE
ADDRESS : 20 RIVER STONE DRIVE
MORTGAGE AMT: 355,000.00 CITY MORELAND HI
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 OH 44022
UNPAID BALANCE: 355,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,361.82 ANNUAL RATE ADJUST: 0.000
LTV : 89.87342 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080046147 MORTGAGORS: LENNON, RONALD
ADDRESS : 6403 ROYAL GROVE DRIVE
MORTGAGE AMT: 449,600.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92648
UNPAID BALANCE: 447,210.950 OPTION TO CONVERT : No
MONTHLY P&I: 2,991.21 ANNUAL RATE ADJUST: 0.000
LTV : 58.38961 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080046303 MORTGAGORS: TREMAYNE, CARTER
TREMAYNE, JEANETTE
ADDRESS : 4 MAPLE SPRINGS ROAD
MORTGAGE AMT: 280,000.00 CITY ALEXANDRIA
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 NJ 08867
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,769.80 ANNUAL RATE ADJUST: 0.000
LTV : 78.21229 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080046592 MORTGAGORS: SPIAK, DEMETRI
ADDRESS : 9235 WOLLASTON WAY
MORTGAGE AMT: 131,100.00 CITY ELK GROVE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95624
UNPAID BALANCE: 130,995.170 OPTION TO CONVERT : No
MONTHLY P&I: 883.24 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080046873 MORTGAGORS: CORDELLI, KATHY
ADDRESS : 3230 WINMOOR DRIVE
MORTGAGE AMT: 254,000.00 CITY IJAMSVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 21754
UNPAID BALANCE: 253,791.800 OPTION TO CONVERT : No
MONTHLY P&I: 1,689.87 ANNUAL RATE ADJUST: 0.000
LTV : 78.88199 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080047202 MORTGAGORS: RHODES, DANIEL
THEODORE, JULIE
ADDRESS : 5921 ARLENE WAY
MORTGAGE AMT: 300,000.00 CITY LIVERMORE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 94550
UNPAID BALANCE: 299,741.710 OPTION TO CONVERT : No
MONTHLY P&I: 1,945.79 ANNUAL RATE ADJUST: 0.000
LTV : 73.89163 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080047566 MORTGAGORS: DIENGOTT, BERNITA
ADDRESS : 6525 CRYSTALAIRE DRIVE
MORTGAGE AMT: 372,350.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 92120
UNPAID BALANCE: 372,087.200 OPTION TO CONVERT : No
MONTHLY P&I: 2,667.56 ANNUAL RATE ADJUST: 0.000
LTV : 49.64667 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080047590 MORTGAGORS: CARROL, TERESA
KOULETSIS, JOHN
ADDRESS : 3856 3858 23RD STREET
MORTGAGE AMT: 450,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94114
UNPAID BALANCE: 449,648.960 OPTION TO CONVERT : No
MONTHLY P&I: 3,069.79 ANNUAL RATE ADJUST: 0.000
LTV : 72.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080047632 MORTGAGORS: GALLAS, SUSAN
ADDRESS : 1215 NORTHEAST 61ST STREE
MORTGAGE AMT: 297,500.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98115
UNPAID BALANCE: 297,256.150 OPTION TO CONVERT : No
MONTHLY P&I: 1,979.27 ANNUAL RATE ADJUST: 0.000
LTV : 85.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080048218 MORTGAGORS: ROBERTS, JOANN
ADDRESS : 195 NORTH HARBOR DRIVE
MORTGAGE AMT: 282,000.00 CITY CHICAGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60601
UNPAID BALANCE: 281,768.840 OPTION TO CONVERT : No
MONTHLY P&I: 1,876.16 ANNUAL RATE ADJUST: 0.000
LTV : 74.60317 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080048333 MORTGAGORS: KEMP GUYLAY, KATHRYN
GUYLAY, JEFFREY
ADDRESS : 1423 EDGEWOOD LANE
MORTGAGE AMT: 426,000.00 CITY WINNETKA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60093
UNPAID BALANCE: 426,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,834.19 ANNUAL RATE ADJUST: 0.000
LTV : 69.72177 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080048473 MORTGAGORS: WALLACE, JAMES
WALLACE, DIANE
ADDRESS : 5 ROCKRIMMON ROAD
MORTGAGE AMT: 262,000.00 CITY NORTH HAMPT
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NH 03862
UNPAID BALANCE: 261,800.640 OPTION TO CONVERT : No
MONTHLY P&I: 1,809.57 ANNUAL RATE ADJUST: 0.000
LTV : 65.01241 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080048507 MORTGAGORS: HAPNER, HOWARD
ADDRESS : 1808 PEMBERTON PLACE
MORTGAGE AMT: 324,000.00 CITY MARIETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 GA 30062
UNPAID BALANCE: 323,740.900 OPTION TO CONVERT : No
MONTHLY P&I: 2,182.85 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080048911 MORTGAGORS: CHICKERING, NICHOLAS
ADDRESS : 432 SOUTH PINE STREET
MORTGAGE AMT: 300,000.00 CITY NEVADA CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 95959
UNPAID BALANCE: 299,771.720 OPTION TO CONVERT : No
MONTHLY P&I: 2,072.03 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080048986 MORTGAGORS: DUNN, IVAN
DUNN, KATE
DUNN, KATE
ADDRESS : 416 C AVENUE
MORTGAGE AMT: 480,000.00 CITY Coronado
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92118
UNPAID BALANCE: 477,910.240 OPTION TO CONVERT : No
MONTHLY P&I: 3,113.27 ANNUAL RATE ADJUST: 0.000
LTV : 76.80000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 12/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080049182 MORTGAGORS: SPIZZIRRI, KEITH
SPIZZIRRI, MIRIAM
ADDRESS : 10195 EAST PARADISE DRIVE
MORTGAGE AMT: 649,950.00 CITY SCOTTSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 AZ 85260
UNPAID BALANCE: 648,457.190 OPTION TO CONVERT : No
MONTHLY P&I: 4,489.04 ANNUAL RATE ADJUST: 0.000
LTV : 65.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 02/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080049372 MORTGAGORS: POLLAK, RACHEL
ADDRESS : 9233 east pine valley roa
MORTGAGE AMT: 143,250.00 CITY SCOTTSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 AZ 85260
UNPAID BALANCE: 143,031.330 OPTION TO CONVERT : No
MONTHLY P&I: 989.39 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080049612 MORTGAGORS: PRICE, JAMES
PRICE, JOAN
ADDRESS : 43 meadow blossom court
MORTGAGE AMT: 420,000.00 CITY DANVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94506
UNPAID BALANCE: 418,300.590 OPTION TO CONVERT : No
MONTHLY P&I: 2,829.62 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 12/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080049653 MORTGAGORS: GALLACHER, RICHARD
GALLACHER, JONI
ADDRESS : 9183 south falcon way
MORTGAGE AMT: 300,000.00 CITY SANDY
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 UT 84093
UNPAID BALANCE: 299,310.950 OPTION TO CONVERT : No
MONTHLY P&I: 2,072.03 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 02/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080050339 MORTGAGORS: GREENSTEIN, SHARON
SELLERS, ROBERT
ADDRESS : 16 OLDE FIELD ROAD
MORTGAGE AMT: 320,000.00 CITY NEWTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 02459
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,155.90 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080050388 MORTGAGORS: CULLEN, THEODORE
ADDRESS : 969 HILLGARD AVENUE
MORTGAGE AMT: 266,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90024
UNPAID BALANCE: 266,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,814.59 ANNUAL RATE ADJUST: 0.000
LTV : 79.40299 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080051444 MORTGAGORS: PEPPER, BETH
NEUSTADT, MARK
ADDRESS : 1566 BLUE MOUNT ROAD
MORTGAGE AMT: 201,400.00 CITY MONKTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 21111
UNPAID BALANCE: 201,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,339.92 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080051469 MORTGAGORS: GLOVER, THOMAS
GLOVER, MONICA
ADDRESS : 2358 FOREST MEADOW COURT
MORTGAGE AMT: 256,050.00 CITY CHULA VISTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91915
UNPAID BALANCE: 255,840.120 OPTION TO CONVERT : No
MONTHLY P&I: 1,703.51 ANNUAL RATE ADJUST: 0.000
LTV : 94.98249 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080051477 MORTGAGORS: TRUE, DAVID
ADDRESS : 1286 BRANCHWATER LANE
MORTGAGE AMT: 255,000.00 CITY BIRMINGHAM
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 AL 35216
UNPAID BALANCE: 254,801.080 OPTION TO CONVERT : No
MONTHLY P&I: 1,739.55 ANNUAL RATE ADJUST: 0.000
LTV : 79.68750 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080051634 MORTGAGORS: KANAGLEKAR, NIRANJAN
KANAGLEKAR, SWATI
ADDRESS : 2780 BAYWATER PLACE
MORTGAGE AMT: 283,500.00 CITY THOUSAND OA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91360
UNPAID BALANCE: 283,278.840 OPTION TO CONVERT : No
MONTHLY P&I: 1,933.97 ANNUAL RATE ADJUST: 0.000
LTV : 75.60000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080051709 MORTGAGORS: HALL, GEORGE
HALL, CAROLYN
ADDRESS : 750 VALLE LINDO DRIVE
MORTGAGE AMT: 248,000.00 CITY CAMARILLO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 93010
UNPAID BALANCE: 247,806.530 OPTION TO CONVERT : No
MONTHLY P&I: 1,691.80 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080051725 MORTGAGORS: YILMAZ, JOSEPH
ADDRESS : 8 HOLBROOK STREET
MORTGAGE AMT: 171,500.00 CITY FREEPORT
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 ME 04032
UNPAID BALANCE: 170,986.070 OPTION TO CONVERT : No
MONTHLY P&I: 1,199.16 ANNUAL RATE ADJUST: 0.000
LTV : 70.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 02/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080051907 MORTGAGORS: GILL, UPDEEP
ADDRESS : 1794 PAISLEY CT
MORTGAGE AMT: 299,600.00 CITY VIENNA
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 VA 22182
UNPAID BALANCE: 299,383.160 OPTION TO CONVERT : No
MONTHLY P&I: 2,120.55 ANNUAL RATE ADJUST: 0.000
LTV : 89.43284 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080051956 MORTGAGORS: CHAUDHARY, VINITA
CHAUDHARY, ASHWANI
ADDRESS : 4711 TUSCANI DRIVE
MORTGAGE AMT: 365,200.00 CITY CYPRESS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90630
UNPAID BALANCE: 364,915.110 OPTION TO CONVERT : No
MONTHLY P&I: 2,491.31 ANNUAL RATE ADJUST: 0.000
LTV : 77.70213 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080052293 MORTGAGORS: DE GROOD, THOMAS
MEINHARDT, CYNTHIA
ADDRESS : 4948 SOUTHCREST AVENUE
MORTGAGE AMT: 320,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92110
UNPAID BALANCE: 319,744.100 OPTION TO CONVERT : No
MONTHLY P&I: 2,155.90 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080052905 MORTGAGORS: SULLIVAN, DENNIS
SULLIVAN, JOYCE
ADDRESS : 7 PIA COURT
MORTGAGE AMT: 250,000.00 CITY HOLTSVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 NY 11742
UNPAID BALANCE: 249,814.460 OPTION TO CONVERT : No
MONTHLY P&I: 1,748.04 ANNUAL RATE ADJUST: 0.000
LTV : 79.98848 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080052913 MORTGAGORS: MAPES, KAREN
JONES, VIRGINIA
ADDRESS : 40 CAMELLIA PLACE
MORTGAGE AMT: 412,000.00 CITY OAKLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94602
UNPAID BALANCE: 411,694.240 OPTION TO CONVERT : No
MONTHLY P&I: 2,880.76 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080052939 MORTGAGORS: BRUCE, ROBERT
ADDRESS : 1665 SCENIC LANE
MORTGAGE AMT: 310,000.00 CITY HEALDSBURG
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95448
UNPAID BALANCE: 309,758.170 OPTION TO CONVERT : No
MONTHLY P&I: 2,114.75 ANNUAL RATE ADJUST: 0.000
LTV : 79.89691 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053044 MORTGAGORS: KIM, MARGARET
ADDRESS : 12150 SHADOW RIDGE WAY
MORTGAGE AMT: 288,000.00 CITY NORTHRIDGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91326
UNPAID BALANCE: 287,775.330 OPTION TO CONVERT : No
MONTHLY P&I: 1,964.67 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053077 MORTGAGORS: FRIZZELL, RANDALL
FRIZZELL, SANDRA
ADDRESS : 13270 IRISH ACRES CIRCLE
MORTGAGE AMT: 292,000.00 CITY GRASS VALLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94945
UNPAID BALANCE: 291,772.220 OPTION TO CONVERT : No
MONTHLY P&I: 1,991.95 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053127 MORTGAGORS: RAY, BRIAN
RAY, CRYSTAL
ADDRESS : 260 SOUTH SHAFFER STREET
MORTGAGE AMT: 280,000.00 CITY ORANGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92866
UNPAID BALANCE: 279,792.200 OPTION TO CONVERT : No
MONTHLY P&I: 1,957.80 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053176 MORTGAGORS: HELM, JOHN
HELM, SALLY
ADDRESS : 106 LISA DRIVE
MORTGAGE AMT: 254,200.00 CITY PAOLI
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 PA 19031
UNPAID BALANCE: 253,996.720 OPTION TO CONVERT : No
MONTHLY P&I: 1,712.59 ANNUAL RATE ADJUST: 0.000
LTV : 89.98230 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053184 MORTGAGORS: ALLEN, DICK
ALLEN, MARY
ADDRESS : 1 THUNDERBIRD DRIVE
MORTGAGE AMT: 800,000.00 CITY NEWPORT BEA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92660
UNPAID BALANCE: 799,327.900 OPTION TO CONVERT : No
MONTHLY P&I: 5,255.43 ANNUAL RATE ADJUST: 0.000
LTV : 75.82938 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0080053333 MORTGAGORS: SAVARD, GLENN
ADDRESS : 1603 LOMA VISTA STREET
MORTGAGE AMT: 264,400.00 CITY PASADENA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91104
UNPAID BALANCE: 264,183.270 OPTION TO CONVERT : No
MONTHLY P&I: 1,759.06 ANNUAL RATE ADJUST: 0.000
LTV : 70.50667 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053358 MORTGAGORS: MCKINLEY, KEVIN
MCKINLEY, LORRAINE
ADDRESS : 6616 GRAYSTONE MEADOW CIR
MORTGAGE AMT: 575,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95120
UNPAID BALANCE: 574,528.680 OPTION TO CONVERT : No
MONTHLY P&I: 3,825.49 ANNUAL RATE ADJUST: 0.000
LTV : 65.71429 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053416 MORTGAGORS: MARKARIAN, LAURA
ADDRESS : 59 MARSEILLE
MORTGAGE AMT: 408,000.00 CITY LAGUNA NIGU
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92677
UNPAID BALANCE: 407,673.730 OPTION TO CONVERT : No
MONTHLY P&I: 2,748.77 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053598 MORTGAGORS: STYSIS, IGOR
STYSIS, IRINA
ADDRESS : 12622 SENDA PANACEA
MORTGAGE AMT: 289,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92129
UNPAID BALANCE: 288,757.210 OPTION TO CONVERT : No
MONTHLY P&I: 1,898.52 ANNUAL RATE ADJUST: 0.000
LTV : 79.17808 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053606 MORTGAGORS: BERNSTEIN, MITCHELL
HALPRIN, JESSICA
ADDRESS : 142 TRAILS END
MORTGAGE AMT: 398,000.00 CITY IRVINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NY 10533
UNPAID BALANCE: 397,377.150 OPTION TO CONVERT : No
MONTHLY P&I: 2,715.07 ANNUAL RATE ADJUST: 0.000
LTV : 82.06186 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053622 MORTGAGORS: PAGE, DAVID
SHINN, BARBARA
ADDRESS : 19965 SOUNDVIEW AVENUE
MORTGAGE AMT: 280,000.00 CITY SOUTHOLD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NY 11971
UNPAID BALANCE: 279,572.560 OPTION TO CONVERT : No
MONTHLY P&I: 1,933.90 ANNUAL RATE ADJUST: 0.000
LTV : 72.72727 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053721 MORTGAGORS: CAMPOS, SAMUEL
CAMPOS, VITA
ADDRESS : 2822 NORTH DANBURY STREET
MORTGAGE AMT: 270,000.00 CITY ORANGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92867
UNPAID BALANCE: 269,794.550 OPTION TO CONVERT : No
MONTHLY P&I: 1,864.83 ANNUAL RATE ADJUST: 0.000
LTV : 62.79070 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053739 MORTGAGORS: CHEN, HENG
WU, DI
ADDRESS : 20 WOODVIEW DRIVE
MORTGAGE AMT: 259,232.00 CITY CONCORD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 PA 19061
UNPAID BALANCE: 259,034.750 OPTION TO CONVERT : No
MONTHLY P&I: 1,790.45 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080053754 MORTGAGORS: GALBATE, TODD
GALBATE, CHRISTINE\
ADDRESS : 118 SPYGLASS DRIVE
MORTGAGE AMT: 300,000.00 CITY WHITPAIN TO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 PA 19422
UNPAID BALANCE: 299,760.090 OPTION TO CONVERT : No
MONTHLY P&I: 2,021.16 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080053788 MORTGAGORS: HAMM, WILLIAM
BARBALACCI, NINA
ADDRESS : 13 CRESTWOOD DRIVE
MORTGAGE AMT: 300,000.00 CITY SAN RAFAEL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94901
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 60.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080054018 MORTGAGORS: SMITH, CLARK
SMITH, JULIE
ADDRESS : 23965 DORY DRIVE
MORTGAGE AMT: 282,000.00 CITY LAGUNA NIGU
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92677
UNPAID BALANCE: 281,780.010 OPTION TO CONVERT : No
MONTHLY P&I: 1,923.74 ANNUAL RATE ADJUST: 0.000
LTV : 60.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080054133 MORTGAGORS: KOBALLA, PATRICK
KOBALLA, CHERYL
ADDRESS : 7167 CAROLINA BEACH ROAD
MORTGAGE AMT: 700,000.00 CITY WILMINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NC 28409
UNPAID BALANCE: 699,426.210 OPTION TO CONVERT : No
MONTHLY P&I: 4,657.12 ANNUAL RATE ADJUST: 0.000
LTV : 66.26278 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0080054158 MORTGAGORS: IN, VUTHIN
ADDRESS : 3925 HONOLULU COURT
MORTGAGE AMT: 274,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 95111
UNPAID BALANCE: 274,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,892.45 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080054273 MORTGAGORS: MUELLER, CHARLES
CAMPBELL, CAROL
ADDRESS : 2519 EAST FLOYD AVENUE
MORTGAGE AMT: 374,500.00 CITY ENGLEWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CO 80110
UNPAID BALANCE: 374,215.030 OPTION TO CONVERT : No
MONTHLY P&I: 2,586.58 ANNUAL RATE ADJUST: 0.000
LTV : 68.09091 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080054281 MORTGAGORS: KEEGAN, JOHN
ADDRESS : 5374 BAUERS DRIVE
MORTGAGE AMT: 247,450.00 CITY WEST BEND
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WI 53095
UNPAID BALANCE: 247,256.960 OPTION TO CONVERT : No
MONTHLY P&I: 1,688.05 ANNUAL RATE ADJUST: 0.000
LTV : 94.99040 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080054299 MORTGAGORS: SANTARELLI, RALPH
SANTARELLI, MARINA
ADDRESS : 370 ALLENDALE ROAD
MORTGAGE AMT: 299,000.00 CITY PASADENA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91106
UNPAID BALANCE: 298,748.800 OPTION TO CONVERT : No
MONTHLY P&I: 1,964.22 ANNUAL RATE ADJUST: 0.000
LTV : 65.71429 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080054398 MORTGAGORS: KIRKPATRICK, LARRY
KIRKPATRICK, LINDA
ADDRESS : 37823 BISHOP COURT
MORTGAGE AMT: 257,000.00 CITY FREMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94536
UNPAID BALANCE: 256,809.270 OPTION TO CONVERT : No
MONTHLY P&I: 1,796.98 ANNUAL RATE ADJUST: 0.000
LTV : 73.42857 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080054422 MORTGAGORS: ZICKELL, THOMAS
ADDRESS : 6 OLD BAY ROAD
MORTGAGE AMT: 331,200.00 CITY NEW CASTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NH 03854
UNPAID BALANCE: 331,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,259.37 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080054547 MORTGAGORS: POLSON, JENNIFER
JOHNSON, WILLIAM
ADDRESS : 13 LOCKSLEY ROAD
MORTGAGE AMT: 265,750.00 CITY GLEN MILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 PA 19342
UNPAID BALANCE: 265,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,768.04 ANNUAL RATE ADJUST: 0.000
LTV : 79.99699 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080054752 MORTGAGORS: ULIN, JEFFREY
ULIN, DEBRA
ADDRESS : 39 MOUNTAINVIEW TERRACE
MORTGAGE AMT: 333,000.00 CITY HILLSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07642
UNPAID BALANCE: 333,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,243.49 ANNUAL RATE ADJUST: 0.000
LTV : 62.24299 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080055064 MORTGAGORS: ROETHEL, MARY
ADDRESS : 6 NICKANOOSE WAY
MORTGAGE AMT: 296,000.00 CITY NANTUCKET
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MA 02554
UNPAID BALANCE: 296,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,069.67 ANNUAL RATE ADJUST: 0.000
LTV : 79.14439 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080055171 MORTGAGORS: BUTTACAVOLI, JOSEPH
BUTTACAVOLI, KAREN
ADDRESS : A48 SURFSIDE
MORTGAGE AMT: 1,000,000.00 CITY SURFSIDE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90743
UNPAID BALANCE: 999,239.070 OPTION TO CONVERT : No
MONTHLY P&I: 6,906.76 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0080055197 MORTGAGORS: LOUW, MICHAEL
LOUW, DENISE
ADDRESS : 4613 146TH PLACE SE
MORTGAGE AMT: 279,000.00 CITY BELLEVUE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98006
UNPAID BALANCE: 278,771.310 OPTION TO CONVERT : No
MONTHLY P&I: 1,856.19 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080055478 MORTGAGORS: PASCUA, ROGER
ALVAREZ, REVELITA
ALVAREZ, RENATO
PASCUA, JANET
ADDRESS : 293 SORGEPARK PLACE
MORTGAGE AMT: 291,400.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 95127
UNPAID BALANCE: 291,178.270 OPTION TO CONVERT : No
MONTHLY P&I: 2,012.63 ANNUAL RATE ADJUST: 0.000
LTV : 86.46884 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080055833 MORTGAGORS: TITUS, ROBERT
TITUS, KAREN
ADDRESS : 12095 CELOME LANE
MORTGAGE AMT: 251,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92129
UNPAID BALANCE: 250,813.720 OPTION TO CONVERT : No
MONTHLY P&I: 1,755.03 ANNUAL RATE ADJUST: 0.000
LTV : 65.36458 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080055890 MORTGAGORS: CRAWFORD, LESTER
HUNT, DONALD
ADDRESS : 1311 & 1135 SO RIMPAU BLV
MORTGAGE AMT: 260,100.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90019
UNPAID BALANCE: 260,100.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,796.45 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080056302 MORTGAGORS: BUSCH, MICHAEL
BUSCH, TONYA
ADDRESS : 8655 E WINDSONG DRIVE
MORTGAGE AMT: 300,000.00 CITY ANAHEIM HIL
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92808
UNPAID BALANCE: 299,541.990 OPTION TO CONVERT : No
MONTHLY P&I: 2,072.03 ANNUAL RATE ADJUST: 0.000
LTV : 93.17060 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080056500 MORTGAGORS: STADLER, MICHAEL
STADLER, KAREN
ADDRESS : 1592 HORSESHOE DRIVE
MORTGAGE AMT: 388,000.00 CITY WALL
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 08736
UNPAID BALANCE: 388,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,614.03 ANNUAL RATE ADJUST: 0.000
LTV : 73.20755 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080056534 MORTGAGORS: SANISLO, BARBARA
ADDRESS : 4722 VIA DEL RANCHO
MORTGAGE AMT: 207,750.00 CITY NEWBURY PAR
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91320
UNPAID BALANCE: 207,575.460 OPTION TO CONVERT : No
MONTHLY P&I: 1,364.77 ANNUAL RATE ADJUST: 0.000
LTV : 58.07128 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080056674 MORTGAGORS: LEONI, CHARLES
LEONI, NANCY
ADDRESS : 319 JESTER COURT
MORTGAGE AMT: 440,000.00 CITY PETALUMA
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94954
UNPAID BALANCE: 440,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,076.54 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080056781 MORTGAGORS: WESTFIELD, JOHN
ADDRESS : 3906 HOLLAND AVENUE
MORTGAGE AMT: 365,250.00 CITY DALLAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 TX 75219
UNPAID BALANCE: 364,972.070 OPTION TO CONVERT : No
MONTHLY P&I: 2,522.70 ANNUAL RATE ADJUST: 0.000
LTV : 79.40217 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080056815 MORTGAGORS: FORREST, JASON
NOELANI FORR, MARY
ADDRESS : 8191 RINCONADA COURT
MORTGAGE AMT: 317,550.00 CITY NEWARK
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94560
UNPAID BALANCE: 317,283.220 OPTION TO CONVERT : No
MONTHLY P&I: 2,086.08 ANNUAL RATE ADJUST: 0.000
LTV : 79.99325 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080056872 MORTGAGORS: MCGUIRE, JEFFREY
MCGUIRE, JODI
ADDRESS : 22181 EAST QUARTO PLACE
MORTGAGE AMT: 280,000.00 CITY AURORA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CO 80010
UNPAID BALANCE: 279,758.920 OPTION TO CONVERT : No
MONTHLY P&I: 1,816.08 ANNUAL RATE ADJUST: 0.000
LTV : 79.55427 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080056989 MORTGAGORS: JENKINS, STEWART
JENKINS, TRACY
ADDRESS : 7469 SOUTH GENOA CIRCLE
MORTGAGE AMT: 389,000.00 CITY AURORA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80016
UNPAID BALANCE: 388,681.140 OPTION TO CONVERT : No
MONTHLY P&I: 2,588.03 ANNUAL RATE ADJUST: 0.000
LTV : 56.45864 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080057011 MORTGAGORS: DUPLESSIE, MARK
DUPLESSIE, COLLEEN
ADDRESS : 11346 N 118TH WAY
MORTGAGE AMT: 300,000.00 CITY SCOTTSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 AZ 85259
UNPAID BALANCE: 299,760.090 OPTION TO CONVERT : No
MONTHLY P&I: 2,021.16 ANNUAL RATE ADJUST: 0.000
LTV : 94.33962 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080057045 MORTGAGORS: GILBERT, DARREL
KATZ, WENDY
ADDRESS : 265 NORTHLAND RIDGE TRAIL
MORTGAGE AMT: 570,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 GA 30342
UNPAID BALANCE: 570,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,744.50 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080057078 MORTGAGORS: KRACHMER, JAMES
KRACHMER, CYNTHIA
ADDRESS : 2820 MAGELLAN CIRCLE
MORTGAGE AMT: 251,000.00 CITY CORONA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91720
UNPAID BALANCE: 250,804.200 OPTION TO CONVERT : No
MONTHLY P&I: 1,712.26 ANNUAL RATE ADJUST: 0.000
LTV : 93.83178 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080058134 MORTGAGORS: BORRASI, ROLAND
BORRASI, E
ADDRESS : 15 W. 720 89TH STREET
MORTGAGE AMT: 650,000.00 CITY BURR RIDGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 IL 60521
UNPAID BALANCE: 650,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,489.39 ANNUAL RATE ADJUST: 0.000
LTV : 73.86364 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080058167 MORTGAGORS: WAUGH, EDWARD
DEBRAUWERE, ALIDA
ADDRESS : 1102 BUENA VISTA
MORTGAGE AMT: 272,000.00 CITY SAN CLEMENT
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92672
UNPAID BALANCE: 271,771.480 OPTION TO CONVERT : No
MONTHLY P&I: 1,786.85 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080058324 MORTGAGORS: MCQUILLIAN, SUSAN
ADDRESS : 1416 BUSH STREET
MORTGAGE AMT: 252,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92103
UNPAID BALANCE: 252,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,634.47 ANNUAL RATE ADJUST: 0.000
LTV : 73.04348 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080058571 MORTGAGORS: MARTINEZ, RUBEN
ADDRESS : 2375 FOREST MEADOW COURT
MORTGAGE AMT: 245,650.00 CITY CHULA VISTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91915
UNPAID BALANCE: 245,448.640 OPTION TO CONVERT : No
MONTHLY P&I: 1,634.32 ANNUAL RATE ADJUST: 0.000
LTV : 94.99704 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080058704 MORTGAGORS: WONG, GARETH
WONG, LOLLIE
ADDRESS : 846 ROMANI COURT
MORTGAGE AMT: 340,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95125
UNPAID BALANCE: 339,721.300 OPTION TO CONVERT : No
MONTHLY P&I: 2,262.03 ANNUAL RATE ADJUST: 0.000
LTV : 74.78000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080058845 MORTGAGORS: RIGGIERI, FRANCIS
HAMLEN, DIANE
ADDRESS : 274 VAUGHN HILL ROAD
MORTGAGE AMT: 369,900.00 CITY BOLTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MA 01740
UNPAID BALANCE: 369,604.590 OPTION TO CONVERT : No
MONTHLY P&I: 2,568.75 ANNUAL RATE ADJUST: 0.000
LTV : 79.54839 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 10/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080059009 MORTGAGORS: MC CARTHY, BRIAN
MC CARTHY, STEPHANIE
ADDRESS : 8660 E WINDSONG DRIVE
MORTGAGE AMT: 272,950.00 CITY ANAHEIM HIL
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92808
UNPAID BALANCE: 271,185.020 OPTION TO CONVERT : No
MONTHLY P&I: 1,770.35 ANNUAL RATE ADJUST: 0.000
LTV : 79.98957 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080059082 MORTGAGORS: MOORE, WILLIAM
MOORE, JOAN
ADDRESS : 37 GLEN ROAD
MORTGAGE AMT: 286,620.00 CITY HOPKINTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MA 01772
UNPAID BALANCE: 286,396.400 OPTION TO CONVERT : No
MONTHLY P&I: 1,955.26 ANNUAL RATE ADJUST: 0.000
LTV : 79.57710 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080059157 MORTGAGORS: CHAMBERLIN, GREGG
ADDRESS : 46700 FISH ROCK RD
MORTGAGE AMT: 118,350.00 CITY GUALALA
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 95445
UNPAID BALANCE: 118,266.470 OPTION TO CONVERT : No
MONTHLY P&I: 847.87 ANNUAL RATE ADJUST: 0.000
LTV : 67.62857 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080059322 MORTGAGORS: WRONSKI, ZENON
WRONSKI, ELIZABETH
ADDRESS : 4 DEY HILL TRAIL
MORTGAGE AMT: 320,000.00 CITY TOTOWA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07512
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,182.97 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080059603 MORTGAGORS: BOHLEN, TERRY
BOHLEN, JULIE
BOHLEN, JULIE
ADDRESS : 1724 HUEY LANE
MORTGAGE AMT: 304,000.00 CITY ALPINE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 91901
UNPAID BALANCE: 303,738.260 OPTION TO CONVERT : No
MONTHLY P&I: 1,971.74 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080059611 MORTGAGORS: NGUYEN, KIM
TRAM, MELISSA
ADDRESS : 41 CARRIAGE DRIVE
MORTGAGE AMT: 298,900.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92602
UNPAID BALANCE: 298,654.990 OPTION TO CONVERT : No
MONTHLY P&I: 1,988.59 ANNUAL RATE ADJUST: 0.000
LTV : 89.97321 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080059629 MORTGAGORS: HECKEL, JAMES
HECKEL, JANIS
HECKEL, JANIS
ADDRESS : 5055 ROCKHAMPTON COURT
MORTGAGE AMT: 420,000.00 CITY YORBA LINDA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92887
UNPAID BALANCE: 419,647.140 OPTION TO CONVERT : No
MONTHLY P&I: 2,759.11 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080060114 MORTGAGORS: WOO, CHARLES
WOO, ARLENE
ADDRESS : 2717 BROOKSIDE DRIVE
MORTGAGE AMT: 240,000.00 CITY CHINO HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 CA 91709
UNPAID BALANCE: 239,783.040 OPTION TO CONVERT : No
MONTHLY P&I: 1,516.96 ANNUAL RATE ADJUST: 0.000
LTV : 45.28302 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080060528 MORTGAGORS: ESTRADA, SANDIE
ADDRESS : 10148 LEONA AVENUE WEST
MORTGAGE AMT: 300,000.00 CITY LEONA VALLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 93551
UNPAID BALANCE: 299,788.260 OPTION TO CONVERT : No
MONTHLY P&I: 2,149.24 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080060924 MORTGAGORS: FRENCH, KAREN
WARNKE, TODD
ADDRESS : 390 MESA VIEW WAY
MORTGAGE AMT: 328,750.00 CITY GOLDEN
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CO 80403
UNPAID BALANCE: 328,473.800 OPTION TO CONVERT : No
MONTHLY P&I: 2,159.66 ANNUAL RATE ADJUST: 0.000
LTV : 79.99562 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080060940 MORTGAGORS: MAIO, STEPHEN
MAIO, CAROL
ADDRESS : 11415 BROAD GREEN DRIVE
MORTGAGE AMT: 471,000.00 CITY POTOMAC
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MD 20854
UNPAID BALANCE: 470,623.340 OPTION TO CONVERT : No
MONTHLY P&I: 3,173.22 ANNUAL RATE ADJUST: 0.000
LTV : 79.99592 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080060965 MORTGAGORS: ANDERSON, DARIUS
STACEY KUNDE, KEITH
KUNDE, STACY
KUNDE, KEITH
ADDRESS : 601 FOURTH STREET
MORTGAGE AMT: 372,400.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94107
UNPAID BALANCE: 372,116.640 OPTION TO CONVERT : No
MONTHLY P&I: 2,572.07 ANNUAL RATE ADJUST: 0.000
LTV : 70.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080061047 MORTGAGORS: SNYDER, DONALD
SNYDER, LINDA
ADDRESS : 3 PLEASANT VIEW MANOR RD
MORTGAGE AMT: 308,000.00 CITY PITTSTOWN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 08867
UNPAID BALANCE: 308,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,075.06 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080061393 MORTGAGORS: COURTNEY, KEVIN
COURTNEY, SHELLY
ADDRESS : 189 BARE HILL ROAD
MORTGAGE AMT: 258,000.00 CITY BOLTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 01740
UNPAID BALANCE: 257,586.150 OPTION TO CONVERT : No
MONTHLY P&I: 1,738.19 ANNUAL RATE ADJUST: 0.000
LTV : 70.87912 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080063571 MORTGAGORS: RYAN, JAMES
RYAN, EVELYN
ADDRESS : 27628 DOBBEL AVE
MORTGAGE AMT: 292,500.00 CITY HAYWARD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94542
UNPAID BALANCE: 292,266.090 OPTION TO CONVERT : No
MONTHLY P&I: 1,970.63 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080064637 MORTGAGORS: SIMMONS, DAVID
SIMMONS, TONI
ADDRESS : 1405 SAND PIPER DRIVE
MORTGAGE AMT: 428,000.00 CITY SEAL BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90740
UNPAID BALANCE: 427,649.170 OPTION TO CONVERT : No
MONTHLY P&I: 2,847.50 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080064660 MORTGAGORS: COWDREY, STEPHEN
COWDREY, MARY
ADDRESS : 2810 OUTLOOK DR
MORTGAGE AMT: 324,000.00 CITY COLORADO SP
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CO 80921
UNPAID BALANCE: 324,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,182.85 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080064793 MORTGAGORS: IBARA, ERIC
IBARA, JENNIFER
ADDRESS : 3 BLUESAIL COVE
MORTGAGE AMT: 367,800.00 CITY BUENA PARK
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 90621
UNPAID BALANCE: 367,483.330 OPTION TO CONVERT : No
MONTHLY P&I: 2,385.55 ANNUAL RATE ADJUST: 0.000
LTV : 79.99478 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080064843 MORTGAGORS: SCHOENEMAN, MICHAL
ADDRESS : 36406 CRYSTAL SPRINGS CT
MORTGAGE AMT: 455,100.00 CITY NEWARK
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94560
UNPAID BALANCE: 454,717.650 OPTION TO CONVERT : No
MONTHLY P&I: 2,989.69 ANNUAL RATE ADJUST: 0.000
LTV : 79.99648 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080064876 MORTGAGORS: SKOTLESKI, MARIA
IRWIN, JOSEPH
ADDRESS : 1 EAGLETON FARMS ROAD
MORTGAGE AMT: 281,750.00 CITY NEWTOWN
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 PA 18940
UNPAID BALANCE: 281,501.410 OPTION TO CONVERT : No
MONTHLY P&I: 1,804.08 ANNUAL RATE ADJUST: 0.000
LTV : 79.99375 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080065030 MORTGAGORS: GITES, VLADISLAV
GITES, SVETLANA
ADDRESS : 2401 47TH AVENUE
MORTGAGE AMT: 280,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94116
UNPAID BALANCE: 279,528.190 OPTION TO CONVERT : No
MONTHLY P&I: 1,839.40 ANNUAL RATE ADJUST: 0.000
LTV : 76.71233 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080065139 MORTGAGORS: DALE, ELMON
DALE, PAMELA
ADDRESS : 4130 MOUNTAIN COVE DRIVE
MORTGAGE AMT: 296,000.00 CITY CHARLOTTE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NC 28216
UNPAID BALANCE: 295,757.370 OPTION TO CONVERT : No
MONTHLY P&I: 1,969.30 ANNUAL RATE ADJUST: 0.000
LTV : 75.89744 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080065220 MORTGAGORS: JONES, MICHAEL
ADDRESS : 105 CARBONERA COURT
MORTGAGE AMT: 285,000.00 CITY SANTA CRUZ
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95060
UNPAID BALANCE: 284,766.390 OPTION TO CONVERT : No
MONTHLY P&I: 1,896.11 ANNUAL RATE ADJUST: 0.000
LTV : 74.02597 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080065311 MORTGAGORS: APITO, PETER
ADDRESS : 10230 NW 60 PLACE
MORTGAGE AMT: 274,550.00 CITY PARKLAND
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 FL 33067
UNPAID BALANCE: 274,319.340 OPTION TO CONVERT : No
MONTHLY P&I: 1,803.60 ANNUAL RATE ADJUST: 0.000
LTV : 79.98613 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080065444 MORTGAGORS: HAYES, PAUL
Hayes, Roxanne
HAYES, ROXANNE
ADDRESS : 21 FRANKLIN ROAD
MORTGAGE AMT: 340,000.00 CITY MENDHAM
:\
STATE/ZIP :\
LIFETIME RATE : 8.87500 NJ 07945
UNPAID BALANCE: 340,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,705.20 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 8.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080065543 MORTGAGORS: TURNER, STEVEN
TURNER, JOYCE
ADDRESS : 6565 BELLHURST LANE
MORTGAGE AMT: 297,000.00 CITY CASTRO VALL
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 94552
UNPAID BALANCE: 296,790.370 OPTION TO CONVERT : No
MONTHLY P&I: 2,127.75 ANNUAL RATE ADJUST: 0.000
LTV : 76.15385 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080065584 MORTGAGORS: BAIRD, JOHN
baird, beverly
BAIRD, BEVERLY
ADDRESS : 3692 HOG MOUNTAIN ROAD
MORTGAGE AMT: 300,000.00 CITY DACULA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30019
UNPAID BALANCE: 299,765.970 OPTION TO CONVERT : No
MONTHLY P&I: 2,046.53 ANNUAL RATE ADJUST: 0.000
LTV : 60.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080065881 MORTGAGORS: GIANNNTONIO, LISA
GIANNANTONIO, PAUL
ADDRESS : 149 MOMER DRIVE
MORTGAGE AMT: 288,000.00 CITY RAMSEY
:\
STATE/ZIP :\
LIFETIME RATE : 8.87500 NJ 07446
UNPAID BALANCE: 288,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,291.46 ANNUAL RATE ADJUST: 0.000
LTV : 78.90411 OUTSIDE CONV DATE:
CURRENT INT 8.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080067077 MORTGAGORS: KENT, DAVID
STONE, PATRICIA
STONE, RAYMOND
KENT, JEANNE
ADDRESS : 8789 STARR ROAD
MORTGAGE AMT: 337,000.00 CITY WINDSOR
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95492
UNPAID BALANCE: 336,723.760 OPTION TO CONVERT : No
MONTHLY P&I: 2,242.07 ANNUAL RATE ADJUST: 0.000
LTV : 69.48454 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080067168 MORTGAGORS: ALVARADO, NATHAN
ALVARADO, LINDA
ADDRESS : 761 ARABIAN WAY
MORTGAGE AMT: 350,000.00 CITY ARROYO GRAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 93420
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,328.56 ANNUAL RATE ADJUST: 0.000
LTV : 72.91667 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080067283 MORTGAGORS: THOMPSON, DANNY
THOMPSON, SUSAN
ADDRESS : 44217 SOUTH EAST MT. SI R
MORTGAGE AMT: 286,400.00 CITY NORTH BEND
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 WA 98045
UNPAID BALANCE: 286,159.390 OPTION TO CONVERT : No
MONTHLY P&I: 1,881.44 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080067697 MORTGAGORS: RODRIGUEZ, RICHARD
RODRIGUEZ, LORISE
ADDRESS : 1215 NORTH ALLEN AVENUE
MORTGAGE AMT: 268,000.00 CITY PASADENA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91104
UNPAID BALANCE: 267,780.310 OPTION TO CONVERT : No
MONTHLY P&I: 1,783.02 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080067754 MORTGAGORS: SULLIVAN, DANIEL
SULLIVAN, LORIE
ADDRESS : 1630 WEST 7TH STREET
MORTGAGE AMT: 295,000.00 CITY SAN PEDRO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90732
UNPAID BALANCE: 294,764.090 OPTION TO CONVERT : No
MONTHLY P&I: 1,987.47 ANNUAL RATE ADJUST: 0.000
LTV : 71.08434 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080067861 MORTGAGORS: WHITE, SUE
ADDRESS : 1 BAYBERRY ROAD
MORTGAGE AMT: 64,300.00 CITY NEWBURYPORT
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MA 01950
UNPAID BALANCE: 64,300.000 OPTION TO CONVERT : No
MONTHLY P&I: 517.99 ANNUAL RATE ADJUST: 0.000
LTV : 32.47475 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0080067952 MORTGAGORS: PACHECO, NINA
PACHECO, MELCHOR
ADDRESS : 633 635 LISBON STREET
MORTGAGE AMT: 291,000.00 CITY DALY CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94014
UNPAID BALANCE: 290,772.990 OPTION TO CONVERT : No
MONTHLY P&I: 1,985.14 ANNUAL RATE ADJUST: 0.000
LTV : 79.72603 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080067986 MORTGAGORS: AHDIYYIH, AZITA
AHDIYYIH, MOHEBATULL
ADDRESS : 2467 SYCAMORE LAKES COVE
MORTGAGE AMT: 277,100.00 CITY HERNDON
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 VA 20171
UNPAID BALANCE: 276,855.510 OPTION TO CONVERT : No
MONTHLY P&I: 1,774.31 ANNUAL RATE ADJUST: 0.000
LTV : 79.99423 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080068075 MORTGAGORS: LIANG, GONG JIAO
CHEN, BO
ADDRESS : 6457 CAMELIA DRIVE
MORTGAGE AMT: 364,800.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95120
UNPAID BALANCE: 364,508.670 OPTION TO CONVERT : No
MONTHLY P&I: 2,457.33 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080068216 MORTGAGORS: YU, CINDY
ADDRESS : 20227 EVENING BREEZE DRIV
MORTGAGE AMT: 252,000.00 CITY WALNUT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91789
UNPAID BALANCE: 252,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,676.57 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080068406 MORTGAGORS: FIELLO, NICHOLAS
FIELLO, CYNTHIA
ADDRESS : 13634 OAK MESA DRIVE
MORTGAGE AMT: 296,900.00 CITY YUCAIPA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92399
UNPAID BALANCE: 296,662.560 OPTION TO CONVERT : No
MONTHLY P&I: 2,000.28 ANNUAL RATE ADJUST: 0.000
LTV : 89.99697 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080068414 MORTGAGORS: ARAMBULA, ANDREW
ARAMBULA, ANDREA
ADDRESS : 46 RADIANCE LANE
MORTGAGE AMT: 256,450.00 CITY LAS FLORES
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92688
UNPAID BALANCE: 256,048.660 OPTION TO CONVERT : No
MONTHLY P&I: 1,749.45 ANNUAL RATE ADJUST: 0.000
LTV : 94.98394 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080068430 MORTGAGORS: FLEISCHMAN, KEITH
FLEISCHMAN, LUCELENA
ADDRESS : 34 LITTLE WOLF ROAD
MORTGAGE AMT: 800,000.00 CITY SUMMIT
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07901
UNPAID BALANCE: 800,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 5,389.75 ANNUAL RATE ADJUST: 0.000
LTV : 74.07407 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0080068513 MORTGAGORS: WOLFE, WILLIAM
WOLFE, CARI
ADDRESS : 1042 BUCKTAIL WAY
MORTGAGE AMT: 410,000.00 CITY WEST CHESTE
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 PA 19382
UNPAID BALANCE: 409,638.270 OPTION TO CONVERT : No
MONTHLY P&I: 2,625.27 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080068901 MORTGAGORS: COLLINS, BRIAN
COLLINS, CHRISTI
ADDRESS : 16142 SCHRYER LANE
MORTGAGE AMT: 236,500.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 92649
UNPAID BALANCE: 236,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,673.93 ANNUAL RATE ADJUST: 0.000
LTV : 94.97992 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080068927 MORTGAGORS: DLUGY, GARY
DLUGY, CARYL
ADDRESS : 16 BIRD HILL ROAD
MORTGAGE AMT: 327,000.00 CITY LEXINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MA 02173
UNPAID BALANCE: 326,744.910 OPTION TO CONVERT : No
MONTHLY P&I: 2,230.72 ANNUAL RATE ADJUST: 0.000
LTV : 79.75610 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080069099 MORTGAGORS: ABAY, JARED
PRINCE ABAY, JOYCE
ADDRESS : 6401 GALWAY DRIVE
MORTGAGE AMT: 292,000.00 CITY CLARKSVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 21029
UNPAID BALANCE: 291,760.640 OPTION TO CONVERT : No
MONTHLY P&I: 1,942.69 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080069206 MORTGAGORS: MILLER, BARRY
MILLER, TRACY
ADDRESS : 1507 LAURIE DRIVE
MORTGAGE AMT: 300,000.00 CITY BEL AIR
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 21014
UNPAID BALANCE: 299,754.090 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 84.50704 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080069321 MORTGAGORS: PARSONS, ERNEST
PARSONS, KRISTINE M
ADDRESS : 17 JOHN MATTHEW ROAD
MORTGAGE AMT: 500,000.00 CITY HOPKINTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MA 01748
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,951.88 ANNUAL RATE ADJUST: 0.000
LTV : 78.12500 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0080069354 MORTGAGORS: CORBALIS, LEO
CORBALIS, BARBARA
ADDRESS : 4952 NEW WORLD DRIVE
MORTGAGE AMT: 291,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 95136
UNPAID BALANCE: 290,749.450 OPTION TO CONVERT : No
MONTHLY P&I: 1,887.43 ANNUAL RATE ADJUST: 0.000
LTV : 71.85185 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080069446 MORTGAGORS: VATAVE, SUNIL
VATAVE, JENNIFER
ADDRESS : 2324 ROCK POINT PLACE
MORTGAGE AMT: 536,300.00 CITY LIVERMORE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94550
UNPAID BALANCE: 535,860.400 OPTION TO CONVERT : No
MONTHLY P&I: 3,568.02 ANNUAL RATE ADJUST: 0.000
LTV : 79.99630 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080069560 MORTGAGORS: HOLDREN, GARY
HOLDREN, CONNIE
ADDRESS : 3459 FAIRWAY COMMONS DRIV
MORTGAGE AMT: 251,450.00 CITY HILLIARD
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 OH 43026
UNPAID BALANCE: 251,268.010 OPTION TO CONVERT : No
MONTHLY P&I: 1,779.75 ANNUAL RATE ADJUST: 0.000
LTV : 94.99756 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080069586 MORTGAGORS: WELCH, ROBERT
WELCH, MARIANN
ADDRESS : 18366 AVENIDA BONITA NORT
MORTGAGE AMT: 218,500.00 CITY SONORA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95370
UNPAID BALANCE: 218,329.540 OPTION TO CONVERT : No
MONTHLY P&I: 1,490.56 ANNUAL RATE ADJUST: 0.000
LTV : 94.18103 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080069594 MORTGAGORS: BARGMAN, DALE
L BARGMAN, DIXIE
ADDRESS : 6645 E REDMONT DRIVE
MORTGAGE AMT: 311,000.00 CITY MESA
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 AZ 85208
UNPAID BALANCE: 311,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,228.04 ANNUAL RATE ADJUST: 0.000
LTV : 75.85366 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080069776 MORTGAGORS: PACE, PAUL
LONG PACE, KATHLEEN
ADDRESS : 1730 FANWOOD COURT
MORTGAGE AMT: 368,000.00 CITY OCEANSIDE
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 CA 92054
UNPAID BALANCE: 367,746.740 OPTION TO CONVERT : No
MONTHLY P&I: 2,668.26 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080069826 MORTGAGORS: BUNTING, STEPHEN
BUNTING, ADRIENNE
ADDRESS : 5222 LONGRIDGE AVENUE
MORTGAGE AMT: 290,400.00 CITY SHERMAN OAK
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91401
UNPAID BALANCE: 290,179.030 OPTION TO CONVERT : No
MONTHLY P&I: 2,005.72 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080070170 MORTGAGORS: STALLARD, HARRY
STALLARD, PHYLLIS
ADDRESS : 2 THE STRAND
MORTGAGE AMT: 308,000.00 CITY NEW CASTLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 DE 19720
UNPAID BALANCE: 307,728.260 OPTION TO CONVERT : No
MONTHLY P&I: 1,972.16 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080070634 MORTGAGORS: SWENSON, SCOTT
SWENSON, CLAIRE
ADDRESS : 6880 HISTORIC LEGACY COUR
MORTGAGE AMT: 259,650.00 CITY LAS VEGAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NV 89110
UNPAID BALANCE: 259,452.430 OPTION TO CONVERT : No
MONTHLY P&I: 1,793.34 ANNUAL RATE ADJUST: 0.000
LTV : 91.74912 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080070857 MORTGAGORS: FRENSDORFF, GERARD
FRENSDORFF, MICHELE
ADDRESS : 12058 PRADERA ROAD
MORTGAGE AMT: 364,000.00 CITY CAMARILLO
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 93012
UNPAID BALANCE: 363,694.200 OPTION TO CONVERT : No
MONTHLY P&I: 2,391.22 ANNUAL RATE ADJUST: 0.000
LTV : 69.33333 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080070873 MORTGAGORS: SHAIN, DAVID
OSTERBRINK, PAULA
ADDRESS : 998 BRIGHT STAR STREET
MORTGAGE AMT: 367,500.00 CITY THOUSAND OA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91360
UNPAID BALANCE: 367,191.260 OPTION TO CONVERT : No
MONTHLY P&I: 2,414.21 ANNUAL RATE ADJUST: 0.000
LTV : 68.05556 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080070931 MORTGAGORS: CUNNINGHAM, JAMES
GAIN, COLLETTE
ADDRESS : 5459 DIANE WAY
MORTGAGE AMT: 269,350.00 CITY SANTA ROSA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95409
UNPAID BALANCE: 269,129.220 OPTION TO CONVERT : No
MONTHLY P&I: 1,791.99 ANNUAL RATE ADJUST: 0.000
LTV : 79.99228 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080070964 MORTGAGORS: HERNANDEZ, RIGOBERTO
HERNANDEZ, PATRICIA
ADDRESS : 4250 SOUTH CENTINELA AVEN
MORTGAGE AMT: 188,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90066
UNPAID BALANCE: 187,845.900 OPTION TO CONVERT : No
MONTHLY P&I: 1,250.77 ANNUAL RATE ADJUST: 0.000
LTV : 76.73469 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080071095 MORTGAGORS: PIETZYK, REX
ADDRESS : 1127 WEST WRIGHTWOOD
MORTGAGE AMT: 340,000.00 CITY CHICAGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60614
UNPAID BALANCE: 340,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,290.64 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080071707 MORTGAGORS: PARKER, MARK
PARKER, SHARON
ADDRESS : 3657 LORIMER LANE
MORTGAGE AMT: 308,600.00 CITY ENCINITAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92024
UNPAID BALANCE: 308,365.180 OPTION TO CONVERT : No
MONTHLY P&I: 2,131.42 ANNUAL RATE ADJUST: 0.000
LTV : 84.54795 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080071723 MORTGAGORS: MADDOX, PAUL
MADDOX, PAULETTE
ADDRESS : 33681 WINDJAMMER DRIVE
MORTGAGE AMT: 324,000.00 CITY DANA POINT
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92629
UNPAID BALANCE: 323,721.030 OPTION TO CONVERT : No
MONTHLY P&I: 2,101.46 ANNUAL RATE ADJUST: 0.000
LTV : 56.84211 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080071731 MORTGAGORS: FALLINI, JOHN
FALLINI, MARY
ADDRESS : 740 MINER ROAD
MORTGAGE AMT: 310,000.00 CITY ORINDA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94563
UNPAID BALANCE: 309,764.120 OPTION TO CONVERT : No
MONTHLY P&I: 2,141.09 ANNUAL RATE ADJUST: 0.000
LTV : 35.22727 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080071756 MORTGAGORS: TEEL, HENRY
ADDRESS : 1860 SETTINDOWN DRIVE
MORTGAGE AMT: 312,000.00 CITY ROSWELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30075
UNPAID BALANCE: 312,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,128.39 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080072010 MORTGAGORS: DENNIS, CHRISTOPHE
DENNIS, YVONNE
ADDRESS : 121 LOIS LANE
MORTGAGE AMT: 595,000.00 CITY PALO ALTO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94303
UNPAID BALANCE: 595,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,008.63 ANNUAL RATE ADJUST: 0.000
LTV : 79.12234 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080072051 MORTGAGORS: SHAFER, DAVID
SHAFER, MONICA
ADDRESS : 5 GRANDBRIAR
MORTGAGE AMT: 344,000.00 CITY ALISO VIEJO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92656
UNPAID BALANCE: 343,738.240 OPTION TO CONVERT : No
MONTHLY P&I: 2,375.93 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080072184 MORTGAGORS: WATERSTREET, JEFF
REILLY, HEATHER
ADDRESS : 4928 ALAMEDA DRIVE
MORTGAGE AMT: 280,000.00 CITY OCEANSIDE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92056
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,957.81 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080072309 MORTGAGORS: DERRYBERRY, RAYMOND
DERRYBERRY, CHERI
ADDRESS : 1014 CIMA DRIVE
MORTGAGE AMT: 288,300.00 CITY SAN MARCOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92069
UNPAID BALANCE: 287,586.890 OPTION TO CONVERT : No
MONTHLY P&I: 1,918.07 ANNUAL RATE ADJUST: 0.000
LTV : 90.00009 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080072507 MORTGAGORS: BOYLE, KENNETH
Boyle, Pilar
BOYLE, PILAR
ADDRESS : 145 COLCHESTER ROAD
MORTGAGE AMT: 375,000.00 CITY NEW PROVIDE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07974
UNPAID BALANCE: 375,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,558.17 ANNUAL RATE ADJUST: 0.000
LTV : 76.68712 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080073067 MORTGAGORS: GOLDBERG, BRIAN
ADDRESS : 47 SPRUCE HOLLOW ROAD
MORTGAGE AMT: 450,250.00 CITY GREEN BROOK
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 08812
UNPAID BALANCE: 449,889.940 OPTION TO CONVERT : No
MONTHLY P&I: 3,033.42 ANNUAL RATE ADJUST: 0.000
LTV : 79.98899 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080073166 MORTGAGORS: JENSEN, ROBERT
JENSEN, DONNA
ADDRESS : 6918 EAST MCDONALD DRIVE
MORTGAGE AMT: 444,000.00 CITY PARADISE VA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 AZ 85253
UNPAID BALANCE: 443,662.150 OPTION TO CONVERT : No
MONTHLY P&I: 3,066.60 ANNUAL RATE ADJUST: 0.000
LTV : 78.58407 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080073174 MORTGAGORS: SPACK, GARY
SPACK, MICHELE
ADDRESS : 11 EAGLETON FARMS ROAD
MORTGAGE AMT: 291,500.00 CITY NEWTOWN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 PA 18940
UNPAID BALANCE: 291,266.890 OPTION TO CONVERT : No
MONTHLY P&I: 1,963.89 ANNUAL RATE ADJUST: 0.000
LTV : 78.57143 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080073208 MORTGAGORS: SILVASI PATC, DON
SILVASI PATC, JUDITH
ADDRESS : 3701 RIVIERA DRIVE
MORTGAGE AMT: 332,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92109
UNPAID BALANCE: 331,504.410 OPTION TO CONVERT : No
MONTHLY P&I: 2,264.83 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080073323 MORTGAGORS: WINTTER, ERNST
ADDRESS : 800 TYLER ST
MORTGAGE AMT: 316,000.00 CITY HOLLYWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 FL 33019
UNPAID BALANCE: 315,740.970 OPTION TO CONVERT : No
MONTHLY P&I: 2,102.36 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080073372 MORTGAGORS: AUSTIN, ALEC
AUSTIN, KIMBERLY
ADDRESS : 9553 EAST ANN WAY
MORTGAGE AMT: 320,000.00 CITY Scottsdale
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 AZ 85260
UNPAID BALANCE: 319,744.100 OPTION TO CONVERT : No
MONTHLY P&I: 2,155.90 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080073588 MORTGAGORS: MARKUS, STEVEN
ADDRESS : 23168 SMITH ROAD
MORTGAGE AMT: 179,350.00 CITY CHATSWORTH
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 91311
UNPAID BALANCE: 179,350.000 OPTION TO CONVERT : No\ MONTHLY P&I:
1,254.05 ANNUAL RATE ADJUST: 0.000
LTV : 89.89975 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080073612 MORTGAGORS: VAJDI, MEHRON
VAJDI, LADAN
ADDRESS : 24986 NORMAN'S WAY
MORTGAGE AMT: 496,600.00 CITY CALABASAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91302
UNPAID BALANCE: 496,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,429.90 ANNUAL RATE ADJUST: 0.000
LTV : 59.90350 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080073851 MORTGAGORS: ADESON, ERIC
ADESON, GAIL
ADDRESS : 5 BROMLEY COURT
MORTGAGE AMT: 324,000.00 CITY MONTVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 9.00000 NJ 07045
UNPAID BALANCE: 324,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,606.98 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 9.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080073992 MORTGAGORS: GRAVES, PAUL
GRAVES, AUGUSTA
ADDRESS : 2023 CABRILLO COURT
MORTGAGE AMT: 288,000.00 CITY SANTA CLARA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95051
UNPAID BALANCE: 288,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,964.67 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080074057 MORTGAGORS: YEN, LEE
ADDRESS : UNIT 87 PARK GATE
MORTGAGE AMT: 166,000.00 CITY EDISON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 08820
UNPAID BALANCE: 166,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,104.41 ANNUAL RATE ADJUST: 0.000
LTV : 89.24731 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080074313 MORTGAGORS: THOMAS, GARY
THOMAS, JACQUELINE
ADDRESS : 86 RYEGATE PLACE
MORTGAGE AMT: 303,600.00 CITY SAN RAMON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94583
UNPAID BALANCE: 303,351.140 OPTION TO CONVERT : No
MONTHLY P&I: 2,019.86 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080074404 MORTGAGORS: KIRK, KARL
POWELL KIRK, C
ADDRESS : 26 SUMMIT STREET
MORTGAGE AMT: 337,500.00 CITY MAMMOTH LAK
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 93546
UNPAID BALANCE: 337,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,388.81 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080074800 MORTGAGORS: NIXON, DAVID
NIXON, JEANNE
ADDRESS : 28901 LOWER MOSS ROCK
MORTGAGE AMT: 255,000.00 CITY GOLDEN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80401
UNPAID BALANCE: 254,790.970 OPTION TO CONVERT : No
MONTHLY P&I: 1,696.53 ANNUAL RATE ADJUST: 0.000
LTV : 76.80723 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080075104 MORTGAGORS: SHORTZ, BARRY
SHORTZ, KATHRYN
ADDRESS : 183 DEER TRAIL CIRCLE
MORTGAGE AMT: 336,000.00 CITY ARROYO GRAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 93420
UNPAID BALANCE: 336,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,292.11 ANNUAL RATE ADJUST: 0.000
LTV : 74.66667 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080075377 MORTGAGORS: VALLES, ALBERT
VALLES, TIFFANY
ADDRESS : 100 MARCUS COURT
MORTGAGE AMT: 300,000.00 CITY HOLLISTER
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95023
UNPAID BALANCE: 299,754.090 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 61.76652 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080075435 MORTGAGORS: VENES, KEITH
VENES, MELODY
ADDRESS : 1701 CALYPSO DRIVE
MORTGAGE AMT: 407,200.00 CITY APTOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95003
UNPAID BALANCE: 406,866.220 OPTION TO CONVERT : No
MONTHLY P&I: 2,709.11 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080075500 MORTGAGORS: GROSS, ROBERT
GROSS, LYNDA
ADDRESS : 6247 BERRY LANE
MORTGAGE AMT: 260,000.00 CITY EUREKA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95503
UNPAID BALANCE: 259,786.880 OPTION TO CONVERT : No
MONTHLY P&I: 1,729.79 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080075773 MORTGAGORS: REGUERO, MELODIE
ADDRESS : 58 ASHCREST
MORTGAGE AMT: 411,500.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 CA 92620
UNPAID BALANCE: 411,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,983.66 ANNUAL RATE ADJUST: 0.000
LTV : 76.91589 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080075815 MORTGAGORS: DEMEULLE, BRIAN
DEMEULLE, LISA
ADDRESS : 2278 SAN MIGUEL ROAD
MORTGAGE AMT: 266,800.00 CITY SANTA ROSA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95403
UNPAID BALANCE: 266,591.870 OPTION TO CONVERT : No
MONTHLY P&I: 1,820.05 ANNUAL RATE ADJUST: 0.000
LTV : 94.98042 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080075898 MORTGAGORS: ESKANDARIAN, EINOLLAH
ESKANDARIAN, ABDOLVAHID
ADDRESS : 6 GREEN HILLS COURT
MORTGAGE AMT: 400,000.00 CITY MILLBRAE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94030
UNPAID BALANCE: 399,672.120 OPTION TO CONVERT : No
MONTHLY P&I: 2,661.21 ANNUAL RATE ADJUST: 0.000
LTV : 57.97101 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080075997 MORTGAGORS: GAETANO, MICHAEL
ADDRESS : 6 PENDULUM PASS
MORTGAGE AMT: 464,250.00 CITY HOPKINTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MA 01748
UNPAID BALANCE: 464,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,246.10 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080076052 MORTGAGORS: BRUNE, DAVID
BRUNE, SANDRA
ADDRESS : 835 TOPAZ DRIVE
MORTGAGE AMT: 275,000.00 CITY WEST CHESTE
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 PA 19382
UNPAID BALANCE: 274,757.370 OPTION TO CONVERT : No
MONTHLY P&I: 1,760.86 ANNUAL RATE ADJUST: 0.000
LTV : 79.63167 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080076151 MORTGAGORS: GARRETT, JEFFREY
GARRETT, DEBRA
ADDRESS : 10205 MALVINAS COVE
MORTGAGE AMT: 248,277.00 CITY AUSTIN
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 TX 78739
UNPAID BALANCE: 248,088.080 OPTION TO CONVERT : No
MONTHLY P&I: 1,714.79 ANNUAL RATE ADJUST: 0.000
LTV : 94.99971 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080076185 MORTGAGORS: PORTNOY, ESTEE
PORTNOY, ELLIOTT
ADDRESS : 11417 BROAD GREEN DRIVE
MORTGAGE AMT: 457,670.00 CITY POTOMAC
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MD 20854
UNPAID BALANCE: 457,321.740 OPTION TO CONVERT : No
MONTHLY P&I: 3,161.02 ANNUAL RATE ADJUST: 0.000
LTV : 79.87399 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080076193 MORTGAGORS: GILBERT, V
GILBERT, GEOFFREY
ADDRESS : 2407 SAINT GEORGE WAY
MORTGAGE AMT: 308,400.00 CITY BROOKEVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 20833
UNPAID BALANCE: 308,159.410 OPTION TO CONVERT : No
MONTHLY P&I: 2,103.84 ANNUAL RATE ADJUST: 0.000
LTV : 79.53989 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080076359 MORTGAGORS: LOURENCO, SEVERIN
LOURENCO, CHRISTANE
ADDRESS : 6912 SOUTHRIDGE DRIVE
MORTGAGE AMT: 166,400.00 CITY MCLEAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 VA 22101
UNPAID BALANCE: 166,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,121.07 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080076367 MORTGAGORS: FLORES, BENJAMIN
FLORES, JOSE
FLORES, VERONICA
ADDRESS : 6301 BLACKBERRY COURT
MORTGAGE AMT: 253,050.00 CITY GILROY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95020
UNPAID BALANCE: 251,607.950 OPTION TO CONVERT : No
MONTHLY P&I: 1,704.85 ANNUAL RATE ADJUST: 0.000
LTV : 79.98925 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 11/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080076375 MORTGAGORS: RIOS, ANGEL
RIOS, SONYA
ADDRESS : 9112 EL VERANO WAY
MORTGAGE AMT: 290,150.00 CITY GILROY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95020
UNPAID BALANCE: 288,771.220 OPTION TO CONVERT : No
MONTHLY P&I: 1,979.34 ANNUAL RATE ADJUST: 0.000
LTV : 94.99100 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 12/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080076409 MORTGAGORS: BOWER, BRUCE
LITTLE, SUSAN
ADDRESS : 15129 RANCHO REAL
MORTGAGE AMT: 650,000.00 CITY DEL MAR
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92014
UNPAID BALANCE: 649,492.930 OPTION TO CONVERT : No
MONTHLY P&I: 4,434.15 ANNUAL RATE ADJUST: 0.000
LTV : 68.42105 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080076482 MORTGAGORS: FLORES, BRAD
FLORES, CHERI
ADDRESS : 2012 NORTH KINGSTON ROAD
MORTGAGE AMT: 226,050.00 CITY FARMINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 UT 84025
UNPAID BALANCE: 225,864.710 OPTION TO CONVERT : No
MONTHLY P&I: 1,503.92 ANNUAL RATE ADJUST: 0.000
LTV : 79.31579 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080076706 MORTGAGORS: LIND, EVA
ADDRESS : 1958 SPYGLASS CIRCLE
MORTGAGE AMT: 74,000.00 CITY VISTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92083
UNPAID BALANCE: 73,857.950 OPTION TO CONVERT : No
MONTHLY P&I: 573.72 ANNUAL RATE ADJUST: 0.000
LTV : 31.48936 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:104
--------------------------------------------------------------------------------
LN # 0080076839 MORTGAGORS: SARMIENTO, ARMANDO
SARMIENTO, SOSIMA
ADDRESS : 3014 MILLBROOK DRIVE
MORTGAGE AMT: 272,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95148
UNPAID BALANCE: 271,782.480 OPTION TO CONVERT : No
MONTHLY P&I: 1,832.52 ANNUAL RATE ADJUST: 0.000
LTV : 78.84058 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080076847 MORTGAGORS: BRESKIN, STEPHEN
BRESKIN, MANIJEH
ADDRESS : 5977 AGEE STREET
MORTGAGE AMT: 235,500.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92122
UNPAID BALANCE: 235,311.670 OPTION TO CONVERT : No
MONTHLY P&I: 1,586.61 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080076904 MORTGAGORS: QUEEN, JOSEPH
ADDRESS : 2870 39TH STREET
MORTGAGE AMT: 40,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 92105
UNPAID BALANCE: 39,914.740 OPTION TO CONVERT : No
MONTHLY P&I: 286.57 ANNUAL RATE ADJUST: 0.000
LTV : 42.10526 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080077282 MORTGAGORS: WEFERS, MICHAEL
WEFERS, ANNETTE
ADDRESS : 7509 BAY LAUREL COURT
MORTGAGE AMT: 400,000.00 CITY DUBLIN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94568
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,661.21 ANNUAL RATE ADJUST: 0.000
LTV : 72.85974 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080077498 MORTGAGORS: BOTTELLI, ROBERT
QUINLAN, JO EL
ADDRESS : 11 TIMKAK LANE
MORTGAGE AMT: 330,000.00 CITY PENNINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NJ 08534
UNPAID BALANCE: 330,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,279.23 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080077571 MORTGAGORS: GEARS, DAVID
GEARS, ALISON
ADDRESS : 41 SANTA MARIA DRIVE
MORTGAGE AMT: 271,200.00 CITY NOVATO
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94947
UNPAID BALANCE: 270,972.160 OPTION TO CONVERT : No
MONTHLY P&I: 1,781.59 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080077589 MORTGAGORS: RODRIGUEZ, CESARIO
LOPEZ QUINTA, MAYDA
ADDRESS : 938 W OLIVE AVENUE
MORTGAGE AMT: 300,000.00 CITY SUNNYVALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94086
UNPAID BALANCE: 299,754.090 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 66.66667 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080078108 MORTGAGORS: GRANT, MICHAEL
GRANT, KATHY
ADDRESS : 25560 WILDE AVENUE
MORTGAGE AMT: 308,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91381
UNPAID BALANCE: 307,741.230 OPTION TO CONVERT : No
MONTHLY P&I: 2,023.35 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080078165 MORTGAGORS: LYON, JEFFREY
LYON, GLADYS
ADDRESS : 1513 SUNRISE CIRCLE
MORTGAGE AMT: 270,000.00 CITY BOULDER CIT
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NV 89005
UNPAID BALANCE: 269,577.470 OPTION TO CONVERT : No
MONTHLY P&I: 1,841.88 ANNUAL RATE ADJUST: 0.000
LTV : 72.38606 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080078298 MORTGAGORS: BALABAN, GREGORY
ADDRESS : 607 CRESTMOORE PLACE
MORTGAGE AMT: 190,000.00 CITY VENICE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90291
UNPAID BALANCE: 189,855.420 OPTION TO CONVERT : No
MONTHLY P&I: 1,312.29 ANNUAL RATE ADJUST: 0.000
LTV : 54.28571 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080078520 MORTGAGORS: HO, RICK
SENCION, MELISSA
ADDRESS : 38585 TWAIN TERRACE
MORTGAGE AMT: 252,700.00 CITY FREMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94536
UNPAID BALANCE: 252,502.870 OPTION TO CONVERT : No
MONTHLY P&I: 1,723.86 ANNUAL RATE ADJUST: 0.000
LTV : 79.98481 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080078579 MORTGAGORS: CHENG, KEVIN
KIM, STEPHEN
ADDRESS : 1017 GUERRERO STREET
MORTGAGE AMT: 372,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94110
UNPAID BALANCE: 371,723.920 OPTION TO CONVERT : No
MONTHLY P&I: 2,601.08 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080078645 MORTGAGORS: DOwNING, KEVIN
DOWNING, VERONICA
ADDRESS : 1200 TUNDRIDGE TRAIL
MORTGAGE AMT: 251,800.00 CITY ALGONQUIN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60102
UNPAID BALANCE: 251,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,675.24 ANNUAL RATE ADJUST: 0.000
LTV : 79.96977 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080079072 MORTGAGORS: RIALS, JOHN
RIALS, TONI
ADDRESS : 9405 E QUARRY TRAIL
MORTGAGE AMT: 256,500.00 CITY SCOTTSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 AZ 85262
UNPAID BALANCE: 256,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,728.09 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080079221 MORTGAGORS: CHANG, BRADLEE
CHANG, ARLENE
ADDRESS : 8594 HOPSEED LANE
MORTGAGE AMT: 264,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92129
UNPAID BALANCE: 263,804.070 OPTION TO CONVERT : No
MONTHLY P&I: 1,845.93 ANNUAL RATE ADJUST: 0.000
LTV : 66.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080079262 MORTGAGORS: CHAKRAVARTHY, ANIL
SATYAN, KOMANDUR
ADDRESS : 1522 FLAMINGO WAY
MORTGAGE AMT: 414,400.00 CITY SUNNYVALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94087
UNPAID BALANCE: 414,076.730 OPTION TO CONVERT : No
MONTHLY P&I: 2,826.94 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080079304 MORTGAGORS: GRISSOM, CHARLES
GRISSOM, CRISTINA
ADDRESS : 2499 MERLOT LANE
MORTGAGE AMT: 343,000.00 CITY LIVERMORE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94550
UNPAID BALANCE: 342,732.430 OPTION TO CONVERT : No
MONTHLY P&I: 2,339.86 ANNUAL RATE ADJUST: 0.000
LTV : 57.64706 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080079387 MORTGAGORS: JUMA, KARIM
JAFFER, LEILA
ADDRESS : 2332 27TH STREET
MORTGAGE AMT: 348,500.00 CITY SANTA MONIC
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 90405
UNPAID BALANCE: 348,207.210 OPTION TO CONVERT : No
MONTHLY P&I: 2,289.40 ANNUAL RATE ADJUST: 0.000
LTV : 67.27799 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080079411 MORTGAGORS: SAMPSON, KEVIN
ADDRESS : 1976 PALMETTO TERRACE
MORTGAGE AMT: 285,600.00 CITY FULLERTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92831
UNPAID BALANCE: 285,360.060 OPTION TO CONVERT : No
MONTHLY P&I: 1,876.19 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080079478 MORTGAGORS: ABELOW, HAROLD
ABELOW, PAMELA
ADDRESS : 37556 CHAUNTRY COMMON
MORTGAGE AMT: 244,000.00 CITY FREMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94536
UNPAID BALANCE: 243,799.990 OPTION TO CONVERT : No
MONTHLY P&I: 1,623.34 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080079486 MORTGAGORS: HOUSTON, L L
HOUSTON, TERI
ADDRESS : 327 PINE NEEDLES DRIVE
MORTGAGE AMT: 319,100.00 CITY DEL MAR
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92014
UNPAID BALANCE: 318,844.820 OPTION TO CONVERT : No
MONTHLY P&I: 2,149.84 ANNUAL RATE ADJUST: 0.000
LTV : 30.39048 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080079528 MORTGAGORS: PARIKH, SUSHRUT
PARIKH, SIMA
ADDRESS : 29342 CROWN RIDGE
MORTGAGE AMT: 276,000.00 CITY LAGUNA NIGU
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92677
UNPAID BALANCE: 275,784.690 OPTION TO CONVERT : No
MONTHLY P&I: 1,882.81 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080080898 MORTGAGORS: WANBERG, ERIK
WANBERG, VICTORIA
ADDRESS : 29 BAYVIEW TERRACE
MORTGAGE AMT: 365,000.00 CITY MILL VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94941
UNPAID BALANCE: 364,729.120 OPTION TO CONVERT : No
MONTHLY P&I: 2,552.13 ANNUAL RATE ADJUST: 0.000
LTV : 78.49462 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080080914 MORTGAGORS: STODDARD, RICHARD
STODDARD, CYNTHIA
ADDRESS : 4960 MYRTLE DRIVE
MORTGAGE AMT: 380,000.00 CITY CONCORD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94521
UNPAID BALANCE: 379,710.850 OPTION TO CONVERT : No
MONTHLY P&I: 2,624.57 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080080930 MORTGAGORS: FLAIG, RICHARD
FLAIG, JANNINE
ADDRESS : 317 REGATTA WAY
MORTGAGE AMT: 337,500.00 CITY SEAL BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90740
UNPAID BALANCE: 337,223.350 OPTION TO CONVERT : No
MONTHLY P&I: 2,245.40 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080080948 MORTGAGORS: FLYNN, MICHAEL
FLYNN, ANN
ADDRESS : 6229 CAHALAN AVE
MORTGAGE AMT: 280,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 95123
UNPAID BALANCE: 279,802.370 OPTION TO CONVERT : No
MONTHLY P&I: 2,005.96 ANNUAL RATE ADJUST: 0.000
LTV : 76.71233 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080080955 MORTGAGORS: BURLEY, RAYMOND
BURLEY, JEANNA
ADDRESS : 5424 SOUTHWOOD WAY
MORTGAGE AMT: 297,600.00 CITY ANTIOCH
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94509
UNPAID BALANCE: 297,362.010 OPTION TO CONVERT : No
MONTHLY P&I: 2,004.99 ANNUAL RATE ADJUST: 0.000
LTV : 79.99247 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080080963 MORTGAGORS: WETZEL, KURT
WETZEL, SHARON
ADDRESS : 5408 PIUTE WAY
MORTGAGE AMT: 262,166.00 CITY ANTIOCH
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94509
UNPAID BALANCE: 261,956.350 OPTION TO CONVERT : No
MONTHLY P&I: 1,766.26 ANNUAL RATE ADJUST: 0.000
LTV : 80.00012 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080080989 MORTGAGORS: IKELMAN, ANN
VAN DONK, JOHN
ADDRESS : 5595 BLUFF STREET
MORTGAGE AMT: 266,000.00 CITY NORCO
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91760
UNPAID BALANCE: 265,776.530 OPTION TO CONVERT : No
MONTHLY P&I: 1,747.43 ANNUAL RATE ADJUST: 0.000
LTV : 77.77778 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080080997 MORTGAGORS: DRAZEN, MARSHALL
DRAZEN, LORETTA
ADDRESS : 4715 EXCELENTE DRIVE
MORTGAGE AMT: 680,000.00 CITY WOODLAND HI
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91364
UNPAID BALANCE: 679,442.610 OPTION TO CONVERT : No
MONTHLY P&I: 4,524.06 ANNUAL RATE ADJUST: 0.000
LTV : 65.38462 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0080081003 MORTGAGORS: NGUYEN, HAM
PHAM, ANH
ADDRESS : 3007 CALLE DE LAS FLORES
MORTGAGE AMT: 294,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95148
UNPAID BALANCE: 293,759.010 OPTION TO CONVERT : No
MONTHLY P&I: 1,955.99 ANNUAL RATE ADJUST: 0.000
LTV : 70.84337 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080081300 MORTGAGORS: SILBERMAN, MARK
SILBERMAN, DIANE
ADDRESS : 7 MANITOU WAY
MORTGAGE AMT: 290,000.00 CITY SCOTCH PLAI
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 07076
UNPAID BALANCE: 289,762.290 OPTION TO CONVERT : No
MONTHLY P&I: 1,929.38 ANNUAL RATE ADJUST: 0.000
LTV : 69.87952 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080081862 MORTGAGORS: JARRAR, DAWOOD
JARRAR, SANDRA
ADDRESS : 1113 PASEO SANDI
MORTGAGE AMT: 275,500.00 CITY SAN DIMAS
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91773
UNPAID BALANCE: 275,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,809.84 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080082050 MORTGAGORS: CLANDOS, ROBERT
ADDRESS : 24860 CALABASAS ROAD
MORTGAGE AMT: 390,000.00 CITY CALABASAS
:\
STATE/ZIP :\
LIFETIME RATE : 8.00000 CA 91302
UNPAID BALANCE: 390,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,861.69 ANNUAL RATE ADJUST: 0.000
LTV : 74.28571 OUTSIDE CONV DATE:
CURRENT INT 8.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080082811 MORTGAGORS: YANDA, KATHLEEN
ADDRESS : 541 MILL RIVER LANE
MORTGAGE AMT: 295,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 95134
UNPAID BALANCE: 295,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,037.49 ANNUAL RATE ADJUST: 0.000
LTV : 73.20099 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080082886 MORTGAGORS: MOGHADDAM, PARVIZ
MOGHADDAM, LYDIA
ADDRESS : 2471 CORAVIEW LANE
MORTGAGE AMT: 300,000.00 CITY ROWLAND HEI
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 91748
UNPAID BALANCE: 299,777.350 OPTION TO CONVERT : No
MONTHLY P&I: 2,097.65 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080082928 MORTGAGORS: YOUNG, JUDY
ADDRESS : 4804 ORINDA AVENUE
MORTGAGE AMT: 360,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90043
UNPAID BALANCE: 359,726.060 OPTION TO CONVERT : No
MONTHLY P&I: 2,486.44 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080082936 MORTGAGORS: HESSEL, JOHN
HESSEL, TERI
ADDRESS : 681 BAYVIEW DRIVE
MORTGAGE AMT: 288,000.00 CITY APTOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95003
UNPAID BALANCE: 287,763.930 OPTION TO CONVERT : No
MONTHLY P&I: 1,916.07 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080082977 MORTGAGORS: HARKER, BRAD
HARKER, DENISE
ADDRESS : 1159 PARK PACIFICA AVENUE
MORTGAGE AMT: 300,000.00 CITY PACIFICA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94044
UNPAID BALANCE: 299,754.090 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 77.31959 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083082 MORTGAGORS: ORTON, RANDY
ORTON, KRISTI
ADDRESS : 45 SANTA ANA AVENUE
MORTGAGE AMT: 475,600.00 CITY LONG BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 90803
UNPAID BALANCE: 475,200.440 OPTION TO CONVERT : No
MONTHLY P&I: 3,124.35 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083207 MORTGAGORS: DIZECHI, MANUCHEHR
ADDRESS : 12667 INTERMEZZO WAY
MORTGAGE AMT: 360,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92130
UNPAID BALANCE: 359,712.110 OPTION TO CONVERT : No
MONTHLY P&I: 2,425.39 ANNUAL RATE ADJUST: 0.000
LTV : 79.47020 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083231 MORTGAGORS: LEDERMANN, KENNETH
ADDRESS : 22762 ANSO
MORTGAGE AMT: 267,000.00 CITY MISSION VIE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92691
UNPAID BALANCE: 266,775.690 OPTION TO CONVERT : No
MONTHLY P&I: 1,754.00 ANNUAL RATE ADJUST: 0.000
LTV : 76.06838 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083272 MORTGAGORS: CRESPO, ANGEL
GINORIO, KAROL
ADDRESS : 10276 E MARY DRIVE
MORTGAGE AMT: 98,200.00 CITY TUCSON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 AZ 85730
UNPAID BALANCE: 98,117.490 OPTION TO CONVERT : No
MONTHLY P&I: 645.11 ANNUAL RATE ADJUST: 0.000
LTV : 79.96743 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083306 MORTGAGORS: TOOLE, DAVID
TOOLE, KATHERINE
ADDRESS : 227 20TH STREET
MORTGAGE AMT: 319,000.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92648
UNPAID BALANCE: 318,751.150 OPTION TO CONVERT : No
MONTHLY P&I: 2,176.14 ANNUAL RATE ADJUST: 0.000
LTV : 77.80488 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083322 MORTGAGORS: CUTILLAR GAR, MARICAR
GARCIA, FIRMO
ADDRESS : 25711 NORTH HOOD WAY
MORTGAGE AMT: 327,650.00 CITY STEVENSON R
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91381
UNPAID BALANCE: 327,381.420 OPTION TO CONVERT : No
MONTHLY P&I: 2,179.87 ANNUAL RATE ADJUST: 0.000
LTV : 79.99365 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083348 MORTGAGORS: CONCEPCION, CARLITO
CONCEPCION, HUMBELINA
ADDRESS : 126 MAVERICK DRIVE
MORTGAGE AMT: 280,000.00 CITY SAN DIMAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91773
UNPAID BALANCE: 279,786.940 OPTION TO CONVERT : No
MONTHLY P&I: 1,933.89 ANNUAL RATE ADJUST: 0.000
LTV : 74.86631 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083363 MORTGAGORS: RENK, RANDY
RENK, PAMELA
ADDRESS : 1725 AVENIDA CRESCENTA
MORTGAGE AMT: 325,000.00 CITY SAN CLEMENT
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92672
UNPAID BALANCE: 323,630.430 OPTION TO CONVERT : No
MONTHLY P&I: 2,244.69 ANNUAL RATE ADJUST: 0.000
LTV : 75.58140 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083421 MORTGAGORS: BEDDOW, BRADLEY
BEDDOW, DOLORES
ADDRESS : 12588 KESTREL STREET
MORTGAGE AMT: 264,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92129
UNPAID BALANCE: 263,778.210 OPTION TO CONVERT : No
MONTHLY P&I: 1,734.29 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083439 MORTGAGORS: KLINGER, ERIC
KLINGER, BRENDA
ADDRESS : 7078 VIA RAMADA
MORTGAGE AMT: 264,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95119
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,778.62 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083512 MORTGAGORS: LINDENMEIER, LARRY
LINDERMEIER, LOUISE
ADDRESS : 455 VALLEY ROAD
MORTGAGE AMT: 452,000.00 CITY WATCHUNG
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07060
UNPAID BALANCE: 451,647.390 OPTION TO CONVERT : No
MONTHLY P&I: 3,083.44 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083538 MORTGAGORS: MC GOWAN, ALASDAIR
MC GOWAN, KATHLEEN
ADDRESS : 25 ROLLINGWOOD DRIVE
MORTGAGE AMT: 367,250.00 CITY ROLLING HIL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90274
UNPAID BALANCE: 367,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,443.32 ANNUAL RATE ADJUST: 0.000
LTV : 65.58036 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083561 MORTGAGORS: ANDERSEN, JOHN
ANDERSEN, JANET
ADDRESS : 788 TUNBRIDGE ROAD
MORTGAGE AMT: 332,200.00 CITY DANVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94526
UNPAID BALANCE: 331,953.450 OPTION TO CONVERT : No
MONTHLY P&I: 2,322.80 ANNUAL RATE ADJUST: 0.000
LTV : 61.51852 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083652 MORTGAGORS: BOTKA, CHRISTOPHE
BOTKA, KRISTIN
ADDRESS : 1824 LORNADELL LANE
MORTGAGE AMT: 308,600.00 CITY SANTA ROSA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95405
UNPAID BALANCE: 308,353.210 OPTION TO CONVERT : No
MONTHLY P&I: 2,079.10 ANNUAL RATE ADJUST: 0.000
LTV : 79.98756 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083660 MORTGAGORS: NICOLA, CHARLES
NICOLA, GAIL
ADDRESS : 495 SELKIRK DRIVE
MORTGAGE AMT: 246,900.00 CITY CORONA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91720
UNPAID BALANCE: 246,274.140 OPTION TO CONVERT : No
MONTHLY P&I: 1,621.96 ANNUAL RATE ADJUST: 0.000
LTV : 79.99326 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083694 MORTGAGORS: SUGIHARA, MARCUS
AGAR SUGIHAR, ELAINE
ADDRESS : 1440 TILTON ROAD
MORTGAGE AMT: 299,000.00 CITY SEBASTOPOL
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 95472
UNPAID BALANCE: 298,748.800 OPTION TO CONVERT : No
MONTHLY P&I: 1,964.22 ANNUAL RATE ADJUST: 0.000
LTV : 70.35294 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083702 MORTGAGORS: PICKING, JAY
PICKING, GLORIA
ADDRESS : 780 SOUTH STILLWATER LANE
MORTGAGE AMT: 265,200.00 CITY ANAHEIM
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92807
UNPAID BALANCE: 264,987.930 OPTION TO CONVERT : No
MONTHLY P&I: 1,786.70 ANNUAL RATE ADJUST: 0.000
LTV : 64.36893 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083736 MORTGAGORS: PATE, PATRICK
ADDRESS : 2809 CROSSWOOD CIRCLE
MORTGAGE AMT: 265,900.00 CITY BIRMINGHAM
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 AL 35216
UNPAID BALANCE: 265,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,836.51 ANNUAL RATE ADJUST: 0.000
LTV : 94.99821 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080083744 MORTGAGORS: FISHER, CHARLES
FISHER, DENISE
ADDRESS : 2685 INDIANA HILLS WAY
MORTGAGE AMT: 361,000.00 CITY ARROYO GRAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 93420
UNPAID BALANCE: 360,704.080 OPTION TO CONVERT : No
MONTHLY P&I: 2,401.75 ANNUAL RATE ADJUST: 0.000
LTV : 60.16667 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080084262 MORTGAGORS: NEPTUNE, PETER
SCHWALJE, NANCY
ADDRESS : 24 LANCEWOOD WAY
MORTGAGE AMT: 265,500.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92612
UNPAID BALANCE: 265,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,788.72 ANNUAL RATE ADJUST: 0.000
LTV : 94.99106 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080085483 MORTGAGORS: MOORE, ROBERT
ADDRESS : 8204 EAST WOODWIND AVENUE
MORTGAGE AMT: 272,000.00 CITY ORANGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92869
UNPAID BALANCE: 271,787.810 OPTION TO CONVERT : No
MONTHLY P&I: 1,855.52 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080086507 MORTGAGORS: FERRARO, JAMES
FERRARO, DEBRA
ADDRESS : 1411 RAVENSWOOD LANE
MORTGAGE AMT: 462,500.00 CITY RIVERSIDE
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 CA 92506
UNPAID BALANCE: 462,091.950 OPTION TO CONVERT : No
MONTHLY P&I: 2,961.44 ANNUAL RATE ADJUST: 0.000
LTV : 71.15385 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080086549 MORTGAGORS: VAN VEEN, RAYMOND
VAN VEEN, ROSA
ADDRESS : 5854 W 78TH PLACE
MORTGAGE AMT: 425,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90045
UNPAID BALANCE: 424,651.630 OPTION TO CONVERT : No
MONTHLY P&I: 2,827.54 ANNUAL RATE ADJUST: 0.000
LTV : 77.27273 OUTSIDE CONV DATE:\ CURRENT INT 7.00000
MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080087034 MORTGAGORS: MEDITZ, RICHARD
MEDITZ, SUSAN
ADDRESS : 20616 ANNRITA AVENUE
MORTGAGE AMT: 287,200.00 CITY TORRANCE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 90503
UNPAID BALANCE: 286,716.050 OPTION TO CONVERT : No
MONTHLY P&I: 1,886.70 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080087083 MORTGAGORS: HAYASHIDA, WADE
HAYASHIDA, NANCY
ADDRESS : 4396 BIRCHWOOD AVENUE
MORTGAGE AMT: 305,150.00 CITY SEAL BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90740
UNPAID BALANCE: 305,150.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,030.17 ANNUAL RATE ADJUST: 0.000
LTV : 85.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080087190 MORTGAGORS: DI MAIO, DANIEL
DI MAIO, ESTER
ADDRESS : 1712 SIERRA ALTA DRIVE
MORTGAGE AMT: 255,000.00 CITY SANTA ANA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92705
UNPAID BALANCE: 255,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,696.52 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080087406 MORTGAGORS: MANSON, MICHAEL
MANSON, DEBORAH
ADDRESS : 17901 VILLA PARK ROAD
MORTGAGE AMT: 256,500.00 CITY VILLA PARK
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 92861
UNPAID BALANCE: 256,314.350 OPTION TO CONVERT : No
MONTHLY P&I: 1,815.49 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080087489 MORTGAGORS: PROFETA, AIMEE
PADRON, MARK
ADDRESS : 660 MONTE CARLO DRIVE
MORTGAGE AMT: 181,500.00 CITY HOLLISTER
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 95023
UNPAID BALANCE: 181,343.730 OPTION TO CONVERT : No
MONTHLY P&I: 1,177.21 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080087554 MORTGAGORS: GRANT, ROBERT
GRANT, MARIA
ADDRESS : 19580 INDIAN SUMMER LANE
MORTGAGE AMT: 255,800.00 CITY MONUMENT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80132
UNPAID BALANCE: 255,590.320 OPTION TO CONVERT : No
MONTHLY P&I: 1,701.85 ANNUAL RATE ADJUST: 0.000
LTV : 82.78317 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080087570 MORTGAGORS: POWERS, KATHLEEN
ADDRESS : DAYS LANE
MORTGAGE AMT: 247,000.00 CITY WELLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 ME 04090
UNPAID BALANCE: 246,825.670 OPTION TO CONVERT : No
MONTHLY P&I: 1,769.54 ANNUAL RATE ADJUST: 0.000
LTV : 60.24390 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080087588 MORTGAGORS: CHAMNESS, DARRELL
CHAMNESS, NINA
ADDRESS : 2021 SOUTH SANDERS COURT
MORTGAGE AMT: 374,700.00 CITY LAHABRA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 90631
UNPAID BALANCE: 374,385.200 OPTION TO CONVERT : No
MONTHLY P&I: 2,461.52 ANNUAL RATE ADJUST: 0.000
LTV : 79.90736 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080088198 MORTGAGORS: REGAN, MICHAEL
REGAN, RENEE
ADDRESS : 120 WINDOVER DRIVE
MORTGAGE AMT: 496,000.00 CITY DANVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94506
UNPAID BALANCE: 495,583.300 OPTION TO CONVERT : No
MONTHLY P&I: 3,258.37 ANNUAL RATE ADJUST: 0.000
LTV : 62.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080088297 MORTGAGORS: SHABRAM, PAUL
SHABRAM, LYNDA
ADDRESS : 149 PEPPERTREE LANE
MORTGAGE AMT: 337,600.00 CITY ENCINITAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92024
UNPAID BALANCE: 337,323.260 OPTION TO CONVERT : No
MONTHLY P&I: 2,246.07 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080088438 MORTGAGORS: ZENG, AN
FU, ZIYIN
ADDRESS : 121 BEAUMERE WAY
MORTGAGE AMT: 356,000.00 CITY MILPITAS
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 95035
UNPAID BALANCE: 355,700.910 OPTION TO CONVERT : No
MONTHLY P&I: 2,338.67 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080088511 MORTGAGORS: LEVINE, DAVID
LEVINE, SUSAN
ADDRESS : 715 TABOR DRIVE
MORTGAGE AMT: 393,750.00 CITY SCOTTS VALL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95066
UNPAID BALANCE: 393,427.250 OPTION TO CONVERT : No
MONTHLY P&I: 2,619.63 ANNUAL RATE ADJUST: 0.000
LTV : 71.59091 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080088552 MORTGAGORS: GUILIN, RHONDA
ADDRESS : 2816 EAST 3RD STREET
MORTGAGE AMT: 264,800.00 CITY LONG BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90814
UNPAID BALANCE: 264,582.940 OPTION TO CONVERT : No
MONTHLY P&I: 1,761.73 ANNUAL RATE ADJUST: 0.000
LTV : 66.20000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080088628 MORTGAGORS: YAP, PENG
LIU, TINA
ADDRESS : 197 PORTOLA ROAD
MORTGAGE AMT: 500,000.00 CITY PORTOLA VAL
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94028
UNPAID BALANCE: 499,600.160 OPTION TO CONVERT : No
MONTHLY P&I: 3,368.59 ANNUAL RATE ADJUST: 0.000
LTV : 55.55556 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080088644 MORTGAGORS: PACKARD, DANA
ADDRESS : 141 PARKWAY SOUTH
MORTGAGE AMT: 271,200.00 CITY SANTA CRUZ
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95062
UNPAID BALANCE: 270,977.700 OPTION TO CONVERT : No
MONTHLY P&I: 1,804.30 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080088651 MORTGAGORS: TALBOT, RONALD
TALBOT, MARGARET
ADDRESS : 755 MONAGHAN CIRCLE
MORTGAGE AMT: 191,500.00 CITY VACAVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 95688
UNPAID BALANCE: 191,335.120 OPTION TO CONVERT : No
MONTHLY P&I: 1,242.07 ANNUAL RATE ADJUST: 0.000
LTV : 79.95825 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080088669 MORTGAGORS: DAPRON, KENNETH
DAPRON, KIMBERLY
ADDRESS : 2259 SAN YSIDRO STREET
MORTGAGE AMT: 298,400.00 CITY CAMARILLO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 93010
UNPAID BALANCE: 298,172.950 OPTION TO CONVERT : No
MONTHLY P&I: 2,060.97 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080088685 MORTGAGORS: FULLER, WALTER
ADDRESS : 735 OUTRIGGER CIRCLE
MORTGAGE AMT: 284,000.00 CITY BRENTWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94513
UNPAID BALANCE: 283,783.900 OPTION TO CONVERT : No
MONTHLY P&I: 1,961.52 ANNUAL RATE ADJUST: 0.000
LTV : 88.75000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080089865 MORTGAGORS: HARETAKIS, ALEX
HARETAKIS, SUZANNE
ADDRESS : 9839 DEBIOIS AVENUE
MORTGAGE AMT: 287,000.00 CITY FOUNTAIN VA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92708
UNPAID BALANCE: 286,764.750 OPTION TO CONVERT : No
MONTHLY P&I: 1,909.42 ANNUAL RATE ADJUST: 0.000
LTV : 73.58974 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080090061 MORTGAGORS: JONES, GORDON
JONES, SHIRLEY
ADDRESS : 1116 CALLE PEROS
MORTGAGE AMT: 200,000.00 CITY THOUSAND OA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 91360
UNPAID BALANCE: 199,827.800 OPTION TO CONVERT : No
MONTHLY P&I: 1,297.20 ANNUAL RATE ADJUST: 0.000
LTV : 50.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:101
--------------------------------------------------------------------------------
LN # 0080090806 MORTGAGORS: REYNOLDS, CLARENCE
REYNOLDS, SHERYL
ADDRESS : 3487 PICKENS LANE
MORTGAGE AMT: 274,300.00 CITY PLEASANTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94588
UNPAID BALANCE: 274,069.550 OPTION TO CONVERT : No
MONTHLY P&I: 1,801.96 ANNUAL RATE ADJUST: 0.000
LTV : 79.99837 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080090848 MORTGAGORS: MAU, BRUCE
MAU, JOY
ADDRESS : 5600 SOUTHVIEW DRIVE
MORTGAGE AMT: 285,000.00 CITY YORBA LINDA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92887
UNPAID BALANCE: 284,777.680 OPTION TO CONVERT : No
MONTHLY P&I: 1,944.20 ANNUAL RATE ADJUST: 0.000
LTV : 76.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091283 MORTGAGORS: MCGRUDER, K
MCGRUDER, JUDY
ADDRESS : 1608 WHEATON TRACE
MORTGAGE AMT: 600,000.00 CITY FORT SMITH
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 AR 72908
UNPAID BALANCE: 599,520.180 OPTION TO CONVERT : No
MONTHLY P&I: 4,042.32 ANNUAL RATE ADJUST: 0.000
LTV : 73.03713 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091309 MORTGAGORS: NEWHOUSE, JOHN
NEWHOUSE, MARGRETTE
ADDRESS : 5216 LARADA LANE
MORTGAGE AMT: 360,000.00 CITY EDINA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MN 55436
UNPAID BALANCE: 359,422.510 OPTION TO CONVERT : No
MONTHLY P&I: 2,425.39 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091317 MORTGAGORS: POPPITI, ROBERT
POPPITI, VALERIE
ADDRESS : 12 NORTH HAMPSHIRE COURT
MORTGAGE AMT: 300,000.00 CITY GREENVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 DE 19807
UNPAID BALANCE: 299,553.330 OPTION TO CONVERT : No
MONTHLY P&I: 2,097.64 ANNUAL RATE ADJUST: 0.000
LTV : 58.30167 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091325 MORTGAGORS: HAINES, C
HAINES, DONNA
ADDRESS : 450 DRESHERTOWN ROAD
MORTGAGE AMT: 270,000.00 CITY FORT WASHIN
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 PA 19034
UNPAID BALANCE: 269,510.520 OPTION TO CONVERT : No
MONTHLY P&I: 1,706.58 ANNUAL RATE ADJUST: 0.000
LTV : 61.36364 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091333 MORTGAGORS: NORTH, CHRISTOPHE
NORTH, SUSAN
ADDRESS : 3 PRESTWICK
MORTGAGE AMT: 300,000.00 CITY WILLIAMSBUR
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 VA 23188
UNPAID BALANCE: 299,494.480 OPTION TO CONVERT : No
MONTHLY P&I: 1,970.79 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091341 MORTGAGORS: MARTIN, SAMUEL
MARTIN, CARINA
ADDRESS : 1474 WEST 18TH ST
MORTGAGE AMT: 321,000.00 CITY UPLAND
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91784
UNPAID BALANCE: 319,911.940 OPTION TO CONVERT : No
MONTHLY P&I: 2,108.75 ANNUAL RATE ADJUST: 0.000
LTV : 72.62443 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091358 MORTGAGORS: HLADEK, FRANK
HLADEK, WENDY
ADDRESS : 1141 FAIRBANKS DRIVE
MORTGAGE AMT: 332,000.00 CITY LUTHERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 21093
UNPAID BALANCE: 331,727.860 OPTION TO CONVERT : No
MONTHLY P&I: 2,208.81 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091366 MORTGAGORS: FOGARTY, BRIAN
FOGARTY, PHYLLIS
ADDRESS : LOT 11 HICKORY LANE
MORTGAGE AMT: 263,000.00 CITY GEORGETOWN
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 MA 01833
UNPAID BALANCE: 262,819.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,906.94 ANNUAL RATE ADJUST: 0.000
LTV : 77.35294 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091374 MORTGAGORS: ROWLING, SUSAN
ADDRESS : 205 DELANCEY STREET
MORTGAGE AMT: 282,000.00 CITY PHILADELPHI
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 PA 19106
UNPAID BALANCE: 281,569.540 OPTION TO CONVERT : No
MONTHLY P&I: 1,947.70 ANNUAL RATE ADJUST: 0.000
LTV : 78.33333 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091382 MORTGAGORS: RUMLEY, PAUL
ADDRESS : 165 WINDING WAY
MORTGAGE AMT: 350,000.00 CITY HADDONFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 NJ 08033
UNPAID BALANCE: 349,683.590 OPTION TO CONVERT : No
MONTHLY P&I: 2,212.24 ANNUAL RATE ADJUST: 0.000
LTV : 77.77778 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091390 MORTGAGORS: KURTZMAN, GARY
KURTZMAN, MARIA
ADDRESS : 500 HILLBROOK ROAD
MORTGAGE AMT: 600,000.00 CITY BRYN MAWR
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 PA 19010
UNPAID BALANCE: 599,457.590 OPTION TO CONVERT : No
MONTHLY P&I: 3,792.41 ANNUAL RATE ADJUST: 0.000
LTV : 58.82353 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091408 MORTGAGORS: MA, GORDON
MA, JUDY
ADDRESS : 1138 EAST THUNDERHILL PL
MORTGAGE AMT: 310,000.00 CITY PHOENIX
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 AZ 85048
UNPAID BALANCE: 309,477.630 OPTION TO CONVERT : No
MONTHLY P&I: 2,036.48 ANNUAL RATE ADJUST: 0.000
LTV : 62.94672 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091416 MORTGAGORS: CHRISTMAN, WARD
CHRISTMAN, KRISTINA
ADDRESS : 713 YARMOUTH DRIVE
MORTGAGE AMT: 365,350.00 CITY WEST CHESTE
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 PA 19382
UNPAID BALANCE: 365,019.720 OPTION TO CONVERT : No
MONTHLY P&I: 2,309.26 ANNUAL RATE ADJUST: 0.000
LTV : 79.96279 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091424 MORTGAGORS: SCHOTT, KEVIN
SCHOTT, JENNIFER
ADDRESS : 11048 GRAESER LANE
MORTGAGE AMT: 426,874.00 CITY ST LOUIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MO 63141
UNPAID BALANCE: 426,541.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,912.03 ANNUAL RATE ADJUST: 0.000
LTV : 79.99978 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091432 MORTGAGORS: GOSSELIN, PAUL
GOSSELIN, PATRICIA
ADDRESS : 8730 WATERFOWL FLYWAY
MORTGAGE AMT: 252,000.00 CITY CHESTERFIEL
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 VA 23838
UNPAID BALANCE: 251,788.290 OPTION TO CONVERT : No
MONTHLY P&I: 1,655.46 ANNUAL RATE ADJUST: 0.000
LTV : 79.74684 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091440 MORTGAGORS: DOCKERY, MELISSA
ADDRESS : 3 RIVER OAKS CIRCLE
MORTGAGE AMT: 296,000.00 CITY LITTLE ROCK
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 AR 72207
UNPAID BALANCE: 295,763.290 OPTION TO CONVERT : No
MONTHLY P&I: 1,994.21 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091457 MORTGAGORS: ROSE, MARGARET
ADDRESS : 604 36 WASHINGTON SQUARE
MORTGAGE AMT: 300,000.00 CITY PHILADELPHI
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 PA 19106
UNPAID BALANCE: 299,735.320 OPTION TO CONVERT : No
MONTHLY P&I: 1,920.93 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091465 MORTGAGORS: ARNOLD, ALEXANDER
ARNOLD, JOAN
ADDRESS : 1250 DARTMOUTH COURT
MORTGAGE AMT: 338,400.00 CITY ALEXANDRIA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 VA 22314
UNPAID BALANCE: 337,815.640 OPTION TO CONVERT : No
MONTHLY P&I: 2,194.86 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091473 MORTGAGORS: ROTH, DEIDRE
ADDRESS : 18751 DOCTORS PASS LANE
MORTGAGE AMT: 489,300.00 CITY CHESTERFIEL
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MO 63005
UNPAID BALANCE: 488,888.930 OPTION TO CONVERT : No
MONTHLY P&I: 3,214.35 ANNUAL RATE ADJUST: 0.000
LTV : 79.56098 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091499 MORTGAGORS: MAHER, JAMES
STAHELI, CAROL
ADDRESS : 2583 CEDAR COURT
MORTGAGE AMT: 292,000.00 CITY NORTH LIBER
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IA 52317
UNPAID BALANCE: 291,760.650 OPTION TO CONVERT : No
MONTHLY P&I: 1,942.68 ANNUAL RATE ADJUST: 0.000
LTV : 78.12709 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091507 MORTGAGORS: PETERSEN, MARK
PETERSEN, KATHLEEN
ADDRESS : 14220 N 78TH STREET
MORTGAGE AMT: 318,000.00 CITY OMAHA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NE 68122
UNPAID BALANCE: 317,739.340 OPTION TO CONVERT : No
MONTHLY P&I: 2,115.66 ANNUAL RATE ADJUST: 0.000
LTV : 74.82353 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091515 MORTGAGORS: PUGLISI, TONY
PUGLISI, LARUE
ADDRESS : 1549 SEABREEZE TRAIL
MORTGAGE AMT: 416,000.00 CITY VIRIGINIA B
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 VA 23452
UNPAID BALANCE: 415,316.030 OPTION TO CONVERT : No
MONTHLY P&I: 2,767.66 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091523 MORTGAGORS: FITZSIMONS, GAVAN
FITZSIMONS, KERRI
ADDRESS : 352 LLANDRILLO ROAD
MORTGAGE AMT: 312,900.00 CITY BALA CYNWYD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 PA 19004
UNPAID BALANCE: 312,661.910 OPTION TO CONVERT : No
MONTHLY P&I: 2,161.12 ANNUAL RATE ADJUST: 0.000
LTV : 75.39759 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091531 MORTGAGORS: SHEEHAN, JEFFREY
ADDRESS : 217 MONROE STREET
MORTGAGE AMT: 340,800.00 CITY PHILADELPHI
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 PA 19147
UNPAID BALANCE: 340,292.580 OPTION TO CONVERT : No
MONTHLY P&I: 2,382.92 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091549 MORTGAGORS: WIENER, CHRISTOPHE
WIENER, HELEN
ADDRESS : 2 LAYER DRIVE
MORTGAGE AMT: 280,000.00 CITY MORRIS PLAI
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 NJ 07950
UNPAID BALANCE: 279,752.950 OPTION TO CONVERT : No
MONTHLY P&I: 1,792.88 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091556 MORTGAGORS: KWONG, OWEN
CHAN, PAULINE
ADDRESS : 904 CALLE CANTA
MORTGAGE AMT: 376,534.00 CITY GLENDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91208
UNPAID BALANCE: 376,240.260 OPTION TO CONVERT : No
MONTHLY P&I: 2,568.63 ANNUAL RATE ADJUST: 0.000
LTV : 64.91966 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091564 MORTGAGORS: ZIAI, ALI
ZIAI, MALIHE
ADDRESS : 23 GARNET LANE
MORTGAGE AMT: 292,000.00 CITY WEST WINDSO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 08550
UNPAID BALANCE: 291,543.060 OPTION TO CONVERT : No
MONTHLY P&I: 1,991.95 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091580 MORTGAGORS: LAwRENCE, CHARLES
LAWRENCE, BILLYE
ADDRESS : 3010 NW 18TH AVENUE
MORTGAGE AMT: 520,000.00 CITY CAMAS
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 WA 98607
UNPAID BALANCE: 519,563.140 OPTION TO CONVERT : No
MONTHLY P&I: 3,416.03 ANNUAL RATE ADJUST: 0.000
LTV : 65.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091598 MORTGAGORS: CHELIST, EDWARD
K CHELIST, CHRISTINE
ADDRESS : 139 DON LORENZO
MORTGAGE AMT: 276,000.00 CITY CORRALES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NM 87048
UNPAID BALANCE: 275,773.770 OPTION TO CONVERT : No
MONTHLY P&I: 1,836.23 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091606 MORTGAGORS: NIKETH, JAMES
ADDRESS : 4515 BIGHORN ROAD
MORTGAGE AMT: 270,400.00 CITY VAIL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 81657
UNPAID BALANCE: 269,278.760 OPTION TO CONVERT : No
MONTHLY P&I: 1,798.98 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 01/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091614 MORTGAGORS: BARTLETT, THOMAS
BARTLETT, SUSAN
ADDRESS : 2600 HELMSLEY COURT
MORTGAGE AMT: 277,000.00 CITY MIDLOTHIAN
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 VA 23111
UNPAID BALANCE: 276,521.670 OPTION TO CONVERT : No
MONTHLY P&I: 1,796.62 ANNUAL RATE ADJUST: 0.000
LTV : 73.47480 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091622 MORTGAGORS: GODBY, RUSSELL
B GODBY, VIVIAN
ADDRESS : 8600 RIO GRANDE BLVD NW
MORTGAGE AMT: 318,750.00 CITY ALBUQUERQUE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NM 87114
UNPAID BALANCE: 318,225.930 OPTION TO CONVERT : No
MONTHLY P&I: 2,120.65 ANNUAL RATE ADJUST: 0.000
LTV : 85.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091630 MORTGAGORS: HESTERBERG, MICHAEL
HESTERBERG, CAROLYN
ADDRESS : 38 BRENTMOOR PARK
MORTGAGE AMT: 600,000.00 CITY CLAYTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MO 63105
UNPAID BALANCE: 599,543.450 OPTION TO CONVERT : No
MONTHLY P&I: 4,144.05 ANNUAL RATE ADJUST: 0.000
LTV : 36.92308 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091648 MORTGAGORS: HAYDEN, LARRY
HAYDEN, ANNE
ADDRESS : 2705 E WOODLAND HILLS RD
MORTGAGE AMT: 256,000.00 CITY SIOUX FALLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 SD 57103
UNPAID BALANCE: 255,790.160 OPTION TO CONVERT : No
MONTHLY P&I: 1,703.17 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091655 MORTGAGORS: RHODES, KIMBERLY
FRANKLIN, LURLEAN
ADDRESS : 913 SHADOW TREE COURT
MORTGAGE AMT: 268,050.00 CITY VACAVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 95687
UNPAID BALANCE: 267,640.830 OPTION TO CONVERT : No
MONTHLY P&I: 1,851.35 ANNUAL RATE ADJUST: 0.000
LTV : 94.99996 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091663 MORTGAGORS: SWANSON, KEVIN
SWANSON, MICHELLE
ADDRESS : 6500 SHAWNEE CIRCLE
MORTGAGE AMT: 302,400.00 CITY EDINA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MN 55439
UNPAID BALANCE: 301,938.390 OPTION TO CONVERT : No
MONTHLY P&I: 2,088.60 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091671 MORTGAGORS: ANDERSON, BRUCE
ANDERSON, ELIZABETH
ADDRESS : 169 SOUTH 100 EAST
MORTGAGE AMT: 288,750.00 CITY MENDON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 UT 84325
UNPAID BALANCE: 288,524.750 OPTION TO CONVERT : No
MONTHLY P&I: 1,969.78 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091697 MORTGAGORS: DAVIDSON, DOUGLAS
DAVIDSON, SUSAN
ADDRESS : 540 EL REY DRIVE
MORTGAGE AMT: 311,200.00 CITY CORRALES
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NM 87048
UNPAID BALANCE: 310,938.560 OPTION TO CONVERT : No
MONTHLY P&I: 2,044.36 ANNUAL RATE ADJUST: 0.000
LTV : 69.93258 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091705 MORTGAGORS: O'Donnell, THEODORE
O'Donnell, CYNTHIA
ADDRESS : 52 CLIFTON PARK
MORTGAGE AMT: 283,500.00 CITY MELROSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02176
UNPAID BALANCE: 283,267.610 OPTION TO CONVERT : No
MONTHLY P&I: 1,886.14 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091713 MORTGAGORS: CIARDIELLO, RONALD
ADDRESS : 11 ASHWOOD DRIVE
MORTGAGE AMT: 284,000.00 CITY NORTH READI
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 01864
UNPAID BALANCE: 283,544.410 OPTION TO CONVERT : No
MONTHLY P&I: 1,913.37 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091739 MORTGAGORS: MCCORMICK, JOHN
SPERL, BRIDGET
ADDRESS : 110 BIRCHWOOD AVENUE
MORTGAGE AMT: 397,000.00 CITY WHITE BEAR
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MN 55110
UNPAID BALANCE: 396,674.570 OPTION TO CONVERT : No
MONTHLY P&I: 2,641.26 ANNUAL RATE ADJUST: 0.000
LTV : 66.16667 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091747 MORTGAGORS: RHODES, REMUS
RHODES, NANCY
ADDRESS : 10 BAY FRONT PLACE
MORTGAGE AMT: 288,000.00 CITY HAMPTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 VA 23664
UNPAID BALANCE: 287,758.040 OPTION TO CONVERT : No
MONTHLY P&I: 1,891.96 ANNUAL RATE ADJUST: 0.000
LTV : 72.91139 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091754 MORTGAGORS: LAM, SHARKHONE
LAM, YUHLIEN
ADDRESS : 395 SLOAT COURT
MORTGAGE AMT: 288,000.00 CITY SANTA CLARA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 95051
UNPAID BALANCE: 287,514.710 OPTION TO CONVERT : No
MONTHLY P&I: 1,891.95 ANNUAL RATE ADJUST: 0.000
LTV : 67.28972 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091762 MORTGAGORS: SCHENKER, STEVEN
SCHENKER, WENDY
ADDRESS : 205 FAIRVIEW LANE
MORTGAGE AMT: 318,000.00 CITY NORTHBROOK
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 IL 60062
UNPAID BALANCE: 317,758.030 OPTION TO CONVERT : No
MONTHLY P&I: 2,196.35 ANNUAL RATE ADJUST: 0.000
LTV : 62.97030 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091788 MORTGAGORS: JOHNSON, RODNEY
JOHNSON, CARLA
ADDRESS : 824 WOODLEY DRIVE
MORTGAGE AMT: 400,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30318
UNPAID BALANCE: 399,687.960 OPTION TO CONVERT : No
MONTHLY P&I: 2,728.71 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091796 MORTGAGORS: FISCHER, SCOTT
FISCHER, LAURA
ADDRESS : 274 FARRELLS CREEK RD
MORTGAGE AMT: 323,000.00 CITY APEX
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NC 27502
UNPAID BALANCE: 322,728.630 OPTION TO CONVERT : No
MONTHLY P&I: 2,121.89 ANNUAL RATE ADJUST: 0.000
LTV : 85.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091804 MORTGAGORS: DILEN, GREGG
ADDRESS : 1003 QUEENSFERRY RD
MORTGAGE AMT: 262,800.00 CITY CARY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NC 27511
UNPAID BALANCE: 262,584.580 OPTION TO CONVERT : No
MONTHLY P&I: 1,748.42 ANNUAL RATE ADJUST: 0.000
LTV : 77.29412 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091820 MORTGAGORS: DOUGLAS, HARVEY
DOUGLAS, JANICE
ADDRESS : 2606 AGNES CIRCLE
MORTGAGE AMT: 339,000.00 CITY SPRINGTOWN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 TX 76082
UNPAID BALANCE: 338,735.550 OPTION TO CONVERT : No
MONTHLY P&I: 2,312.58 ANNUAL RATE ADJUST: 0.000
LTV : 75.33333 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091838 MORTGAGORS: CAMMAN, CONSTANCE
ADDRESS : 400 BEECHER RD
MORTGAGE AMT: 262,800.00 CITY GAHANNA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 OH 43230
UNPAID BALANCE: 262,594.990 OPTION TO CONVERT : No
MONTHLY P&I: 1,792.76 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091903 MORTGAGORS: LATHROP, TIMOTHY
LATHROP, LINDA
ADDRESS : 2115 WICKLOW ROAD
MORTGAGE AMT: 257,900.00 CITY NAPERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 IL 60564
UNPAID BALANCE: 257,708.600 OPTION TO CONVERT : No
MONTHLY P&I: 1,803.28 ANNUAL RATE ADJUST: 0.000
LTV : 94.99079 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091929 MORTGAGORS: KELLY, DAVID
KELLY, DEANA
ADDRESS : 1521 TRILLO AVENUE
MORTGAGE AMT: 281,700.00 CITY CORAL GABLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 FL 33146
UNPAID BALANCE: 281,463.340 OPTION TO CONVERT : No
MONTHLY P&I: 1,850.57 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091937 MORTGAGORS: CHEUNG, AMBROSE
CHEUNG, YVONNE
ADDRESS : 3 WEBSTER TERRACE
MORTGAGE AMT: 332,800.00 CITY HANOVER
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NH 03755
UNPAID BALANCE: 332,533.860 OPTION TO CONVERT : No
MONTHLY P&I: 2,242.14 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091952 MORTGAGORS: BUENO ABDALA, JHAMIL
ADDRESS : 6300 BAHAMA SHORES DR S
MORTGAGE AMT: 360,000.00 CITY SAINT PETER
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 FL 33705
UNPAID BALANCE: 359,732.820 OPTION TO CONVERT : No
MONTHLY P&I: 2,517.18 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091960 MORTGAGORS: HAUPT, EDWARD
HANDELMAN, ABERTA
ADDRESS : 400 PASSAIC AVE
MORTGAGE AMT: 305,600.00 CITY NUTLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07110
UNPAID BALANCE: 305,361.590 OPTION TO CONVERT : No
MONTHLY P&I: 2,084.74 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091986 MORTGAGORS: THOMASSEN, JAMES
NABAVI, AZITA
ADDRESS : 1943 10TH AVE
MORTGAGE AMT: 300,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94116
UNPAID BALANCE: 299,777.350 OPTION TO CONVERT : No
MONTHLY P&I: 2,097.65 ANNUAL RATE ADJUST: 0.000
LTV : 79.37558 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080091994 MORTGAGORS: COLTON, KEVIN
ADDRESS : 206 MONTEREY ISLE BLVD N
MORTGAGE AMT: 362,000.00 CITY LONGWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 FL 32779
UNPAID BALANCE: 361,710.520 OPTION TO CONVERT : No
MONTHLY P&I: 2,438.86 ANNUAL RATE ADJUST: 0.000
LTV : 56.56250 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080092000 MORTGAGORS: HEYMANN, KENNETH
HEYMANN, SUSAN
ADDRESS : 1211 WESTMONT DRIVE
MORTGAGE AMT: 260,000.00 CITY SOUTHLAKE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 TX 76092
UNPAID BALANCE: 259,776.140 OPTION TO CONVERT : No
MONTHLY P&I: 1,686.36 ANNUAL RATE ADJUST: 0.000
LTV : 68.42105 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080092018 MORTGAGORS: SCRIVENER, ROBERT
SCRIVENER, AUDREY
ADDRESS : 161 ST ANDREWS DR
MORTGAGE AMT: 356,000.00 CITY APTOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95003
UNPAID BALANCE: 355,715.310 OPTION TO CONVERT : No
MONTHLY P&I: 2,398.44 ANNUAL RATE ADJUST: 0.000
LTV : 79.82063 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080092034 MORTGAGORS: QUINTANILLA, RALPH
QUINTANILLA, SUSAN
ADDRESS : 10 MOUNTAIN VALLEY PL
MORTGAGE AMT: 270,000.00 CITY DANVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94506
UNPAID BALANCE: 269,773.170 OPTION TO CONVERT : No
MONTHLY P&I: 1,773.71 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080092323 MORTGAGORS: HILL, BRIAN
HILL, JOANN
ADDRESS : 1180 LOS ALTOS AVENUE
MORTGAGE AMT: 424,000.00 CITY LONG BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90815
UNPAID BALANCE: 424,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,856.57 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080092489 MORTGAGORS: KRUEST, JAMES
ADDRESS : 17359 VIA DEL CAMPO
MORTGAGE AMT: 290,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92127
UNPAID BALANCE: 290,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,953.78 ANNUAL RATE ADJUST: 0.000
LTV : 46.77419 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080092612 MORTGAGORS: RIDINGS, WILLIAM
MARGIOTTI, MARILYN
ADDRESS : 3231 GLORIA TERRACE
MORTGAGE AMT: 340,000.00 CITY LAFAYETTE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94549
UNPAID BALANCE: 339,741.280 OPTION TO CONVERT : No
MONTHLY P&I: 2,348.30 ANNUAL RATE ADJUST: 0.000
LTV : 76.40449 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080092844 MORTGAGORS: OZ, NITZAN
OZ, ESTHER
ADDRESS : 25614 NORTH HOOD WAY
MORTGAGE AMT: 290,050.00 CITY STEVENSON R
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 91381
UNPAID BALANCE: 289,800.270 OPTION TO CONVERT : No
MONTHLY P&I: 1,881.26 ANNUAL RATE ADJUST: 0.000
LTV : 79.99393 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093032 MORTGAGORS: CANNON, DON
ADDRESS : 1961 TIMARRON WAY
MORTGAGE AMT: 249,175.00 CITY NAPLES
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 FL 34109
UNPAID BALANCE: 248,985.400 OPTION TO CONVERT : No
MONTHLY P&I: 1,720.99 ANNUAL RATE ADJUST: 0.000
LTV : 89.99971 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093107 MORTGAGORS: JEZAK, ARTHUR
JEZAK, HOLLIE
ADDRESS : 7032 CANDLELIGHT CIRCLE
MORTGAGE AMT: 272,000.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92647
UNPAID BALANCE: 272,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,809.63 ANNUAL RATE ADJUST: 0.000
LTV : 78.61272 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093198 MORTGAGORS: KIM, MONG
KIM, AIZA
ADDRESS : 977 SOUTH LOYOLA DRIVE
MORTGAGE AMT: 301,500.00 CITY ANAHEIM
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 CA 92807
UNPAID BALANCE: 301,287.200 OPTION TO CONVERT : No
MONTHLY P&I: 2,159.99 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093206 MORTGAGORS: JUNG, WON YOUNG
CHANG, YOO JUNG
ADDRESS : 41943 PASEO PADRE PARKWAY
MORTGAGE AMT: 285,600.00 CITY FREMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94539
UNPAID BALANCE: 285,365.890 OPTION TO CONVERT : No
MONTHLY P&I: 1,900.11 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093230 MORTGAGORS: THROOP, FRANK
GOLDSTEIN, LYNNE
ADDRESS : 815 GLENMONT AVENUE
MORTGAGE AMT: 248,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90024
UNPAID BALANCE: 248,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,691.80 ANNUAL RATE ADJUST: 0.000
LTV : 31.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093271 MORTGAGORS: ROBINSON, SAMUEL
LLOYD, MICHELLE
ADDRESS : 11861 GLADSTONE DRIVE
MORTGAGE AMT: 270,000.00 CITY SANTA ANA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92705
UNPAID BALANCE: 270,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,841.88 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093297 MORTGAGORS: WHARTON, MARK
MARTINI WHAR, JULIE
ADDRESS : 5463 ROTARY DRIVE
MORTGAGE AMT: 298,451.00 CITY LA VERNE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91750
UNPAID BALANCE: 298,451.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,985.60 ANNUAL RATE ADJUST: 0.000
LTV : 77.51974 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093339 MORTGAGORS: CUILLIER, JAMES
CUILLIER, STEPHANIE
ADDRESS : 1429 PEPPERTREE DRIVE
MORTGAGE AMT: 488,000.00 CITY LA HABRA HE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90631
UNPAID BALANCE: 488,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,246.68 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093545 MORTGAGORS: TSE, GEORGE
AIKMAN, MARY
ADDRESS : 465 DELLBRROOK AVENUE
MORTGAGE AMT: 240,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 94131
UNPAID BALANCE: 239,793.360 OPTION TO CONVERT : No
MONTHLY P&I: 1,556.64 ANNUAL RATE ADJUST: 0.000
LTV : 74.30341 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093552 MORTGAGORS: HUYNH, TAC
HUYNH, PAMELA
ADDRESS : 1350 BEDFORD STREET
MORTGAGE AMT: 406,400.00 CITY FREMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94539
UNPAID BALANCE: 406,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,806.90 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093578 MORTGAGORS: ALLEN, DENNIS
ALLEN, SHARON
ADDRESS : 8 WHITE FIR COURT
MORTGAGE AMT: 295,000.00 CITY NAPA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94558
UNPAID BALANCE: 295,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,987.47 ANNUAL RATE ADJUST: 0.000
LTV : 78.66667 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093719 MORTGAGORS: CAMPBELL, PHILIP
CAMPBELL, JULIA
ADDRESS : 162 164 BERNARD STREET
MORTGAGE AMT: 591,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94109
UNPAID BALANCE: 590,004.130 OPTION TO CONVERT : No
MONTHLY P&I: 3,882.45 ANNUAL RATE ADJUST: 0.000
LTV : 79.86486 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080093735 MORTGAGORS: FERGUSON, ROBERT
FERGUSON, LISA
ADDRESS : 2328 HERITAGE GREENS DRIV
MORTGAGE AMT: 249,500.00 CITY NAPLES
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 FL 34119
UNPAID BALANCE: 249,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,744.54 ANNUAL RATE ADJUST: 0.000
LTV : 79.99769 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093768 MORTGAGORS: DIMSDALE, JERRY
ADDRESS : 15 VILLA NOVA LANE
MORTGAGE AMT: 330,000.00 CITY OAKLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94611
UNPAID BALANCE: 330,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,195.50 ANNUAL RATE ADJUST: 0.000
LTV : 59.45946 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093909 MORTGAGORS: GREITZER, MELVIN
ADDRESS : 5336 ELVIRA ROAD
MORTGAGE AMT: 260,000.00 CITY WOODLAND HI
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91364
UNPAID BALANCE: 259,797.170 OPTION TO CONVERT : No
MONTHLY P&I: 1,773.66 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093917 MORTGAGORS: BITTER, DOUGLAS
BITTER, ELAINE
ADDRESS : 67 SAN RAPHAEL
MORTGAGE AMT: 368,000.00 CITY DANA POINT
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92629
UNPAID BALANCE: 368,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,510.41 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080093933 MORTGAGORS: CANDIOTY, VICTOR
CANDIOTY, SHERI
ADDRESS : 717 COVEWOOD STREET
MORTGAGE AMT: 341,600.00 CITY AGOURA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91301
UNPAID BALANCE: 341,333.520 OPTION TO CONVERT : No
MONTHLY P&I: 2,330.31 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094006 MORTGAGORS: GEARIN, JAMES
GRUNINGER, GRETCHEN
ADDRESS : 308 COMMONWEALTH AVENUE
MORTGAGE AMT: 520,000.00 CITY BOSTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MA 02114
UNPAID BALANCE: 520,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,591.51 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094394 MORTGAGORS: CALDERON, ALEJANDRO
CALDERON,
CALDERON, ALEJANDRO
CALDERON, DOLORES
ADDRESS : 4132 4138 UDALL STREET
MORTGAGE AMT: 359,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 CA 92107
UNPAID BALANCE: 359,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,298.72 ANNUAL RATE ADJUST: 0.000
LTV : 61.57804 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094535 MORTGAGORS: D'ANGELO, GEORGE
ADDRESS : 755 CENTRAL AVE
MORTGAGE AMT: 260,000.00 CITY NEEDHAM
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 02494
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,751.67 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094550 MORTGAGORS: ZELETES, JANE
ADDRESS : 6142 SOUTH GENEVA WAY
MORTGAGE AMT: 267,900.00 CITY ENGLEWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CO 80111
UNPAID BALANCE: 267,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,827.55 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094568 MORTGAGORS: YASAVOLIAN, HESHMATOLAH
ADDRESS : 4517 PAPER MILL RD
MORTGAGE AMT: 368,000.00 CITY MARIETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30067
UNPAID BALANCE: 368,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,510.41 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094576 MORTGAGORS: F.GIEG, WILLIAM
ADDRESS : 8913 NORMICK ROAD
MORTGAGE AMT: 338,000.00 CITY RICHMOND
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 VA 23229
UNPAID BALANCE: 338,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,334.48 ANNUAL RATE ADJUST: 0.000
LTV : 73.48000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094584 MORTGAGORS: D.YOUNG, GARY
YOUNG, JONELL
ADDRESS : 7718 PARK RIDGE CIRCLEL
MORTGAGE AMT: 420,000.00 CITY FT COLLINS
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CO 80528
UNPAID BALANCE: 420,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,936.70 ANNUAL RATE ADJUST: 0.000
LTV : 72.41000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094592 MORTGAGORS: ZAMPELL, ROGER
ADDRESS : 1020 FAIRWAY ESTATE
MORTGAGE AMT: 375,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30319
UNPAID BALANCE: 375,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,494.88 ANNUAL RATE ADJUST: 0.000
LTV : 74.92000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094600 MORTGAGORS: BOTWIN, CHARLES
ADDRESS : 4163 GEMSTONE TERRACE
MORTGAGE AMT: 464,500.00 CITY MARIETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30062
UNPAID BALANCE: 464,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,090.33 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094618 MORTGAGORS: QUAGLIA, PAUL
ADDRESS : 413 ASHBURY DRIVE
MORTGAGE AMT: 261,250.00 CITY HINSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 IL 60521
UNPAID BALANCE: 261,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,804.39 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094626 MORTGAGORS: BROWN, SAMUEL
BROWN, MERALY
ADDRESS : 6397 SWALLOW LANE
MORTGAGE AMT: 550,000.00 CITY BOULDER
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CO 80303
UNPAID BALANCE: 550,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,751.97 ANNUAL RATE ADJUST: 0.000
LTV : 71.90000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094634 MORTGAGORS: HALLENBECK, CLIFFORD
ADDRESS : 1228 N CONNER AVE
MORTGAGE AMT: 185,600.00 CITY HIGLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 AZ 85236
UNPAID BALANCE: 185,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,297.74 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094642 MORTGAGORS: MEAD, PHILIP
ADDRESS : 41346 PINE MEADOW CIRCLE
MORTGAGE AMT: 280,000.00 CITY PARKER
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CO 80138
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,886.41 ANNUAL RATE ADJUST: 0.000
LTV : 79.96000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094659 MORTGAGORS: KUZNIEWSKI, MARK
KUZNIEWSKI, DENISE
ADDRESS : 2804 ROSE AVENUE
MORTGAGE AMT: 275,400.00 CITY MCHENRY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 60050
UNPAID BALANCE: 275,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,878.71 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094667 MORTGAGORS: DORMAN, S.
ADDRESS : 4980 BLUESTEM DRIVE
MORTGAGE AMT: 116,000.00 CITY COLORADO SPRINGS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CO 80917
UNPAID BALANCE: 116,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 801.18 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094675 MORTGAGORS: MURPHY, MARGARET
ADDRESS : 349 E DIXIE HWY
MORTGAGE AMT: 300,000.00 CITY RUTLEDGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30663
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,046.53 ANNUAL RATE ADJUST: 0.000
LTV : 93.31000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094683 MORTGAGORS: BUCK, JOHN
MAYFIELD, ANGELA
ADDRESS : 4013 HIGHFIELD WAY
MORTGAGE AMT: 455,000.00 CITY MARIETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 GA 30062
UNPAID BALANCE: 455,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,142.57 ANNUAL RATE ADJUST: 0.000
LTV : 72.22000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094709 MORTGAGORS: COLE, MICHAEL
ADDRESS : 1449 CAMBRIDGE COMMONS
MORTGAGE AMT: 105,000.00 CITY DECATUR
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 GA 30033
UNPAID BALANCE: 105,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 734.18 ANNUAL RATE ADJUST: 0.000
LTV : 70.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094717 MORTGAGORS: SPRINGER, BRUCE
SPRINGER, TANYA
ADDRESS : 245 WINDSOR GATE COVE
MORTGAGE AMT: 399,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 GA 30342
UNPAID BALANCE: 399,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,755.79 ANNUAL RATE ADJUST: 0.000
LTV : 79.80000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094725 MORTGAGORS: KNOX, FREDERICK
KNOX, MADELINE
ADDRESS : 167 BLAIR VALLEY DRIVE
MORTGAGE AMT: 400,000.00 CITY MARIETTA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 GA 30060
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,627.72 ANNUAL RATE ADJUST: 0.000
LTV : 63.80000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094741 MORTGAGORS: BROOKS, HARRY L
BROOKS, ANN
ADDRESS : 509 PINEHILL PLACE
MORTGAGE AMT: 344,000.00 CITY JACKSON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MS 39208
UNPAID BALANCE: 344,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,288.64 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094758 MORTGAGORS: DABELA, ABRAHAM
DABELA, ELLENE
ADDRESS : 6810 MELODY LANE
MORTGAGE AMT: 990,000.00 CITY BETHESDA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MD 20817
UNPAID BALANCE: 990,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 6,669.81 ANNUAL RATE ADJUST: 0.000
LTV : 64.71000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094774 MORTGAGORS: SELK, OWEN
SELK, CAROL
ADDRESS : 4374 NORTH IMPERIAL WAY
MORTGAGE AMT: 251,750.00 CITY PROVO
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 UT 84604
UNPAID BALANCE: 251,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,674.90 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094790 MORTGAGORS: BUTER, EDWARD
BUTER, JODY
ADDRESS : 1047 WILLEO COURT
MORTGAGE AMT: 265,900.00 CITY MARIETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30068
UNPAID BALANCE: 265,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,813.91 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094808 MORTGAGORS: GETZOFF, TIMOTHY
GETZOFF, LAURA
ADDRESS : 370 INCA PARKWAY
MORTGAGE AMT: 332,800.00 CITY BOULDER
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CO 80303
UNPAID BALANCE: 332,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,270.28 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094816 MORTGAGORS: FITZPATRICK, KELLYANNE
ADDRESS : 104 S SOMERSET AVE
MORTGAGE AMT: 338,400.00 CITY VENTNOR CITY
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 NJ 08406
UNPAID BALANCE: 338,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,166.81 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094824 MORTGAGORS: CALLOWAY, MAXWELL
ADDRESS : 2665 SHARONDALE DRIVE
MORTGAGE AMT: 340,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 GA 30305
UNPAID BALANCE: 340,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,377.33 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094832 MORTGAGORS: DUNWODY, DAN
DUNWODY, JANET
ADDRESS : 3677 HABERSHAM LANE
MORTGAGE AMT: 400,000.00 CITY DULUTU
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30096
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,728.71 ANNUAL RATE ADJUST: 0.000
LTV : 78.34000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094840 MORTGAGORS: ROSS, TIMOTHY
ROSS, SHIRLEY
ADDRESS : 4175 BRANDONMORE ROAD
MORTGAGE AMT: 169,600.00 CITY CINCINNATI
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 OH 45255
UNPAID BALANCE: 169,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,185.87 ANNUAL RATE ADJUST: 0.000
LTV : 79.88000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094857 MORTGAGORS: MARTIN, TERRY
MARTIN, LYNNETTE
ADDRESS : 9922 SOUTH BIRDIE WAY
MORTGAGE AMT: 279,000.00 CITY South Jordan
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 UT 84095
UNPAID BALANCE: 279,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,926.98 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094865 MORTGAGORS: OSOWSKI, JEANETTE
SHEWBERT, KEITH
ADDRESS : 786 SUNSET DR
MORTGAGE AMT: 289,750.00 CITY NORCROSS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 GA 30071
UNPAID BALANCE: 289,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,952.10 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094899 MORTGAGORS: MOORE, BONNIE
ADDRESS : 6808 FALLBROOK CT
MORTGAGE AMT: 557,000.00 CITY COLLEYVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 TX 76092
UNPAID BALANCE: 557,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,847.06 ANNUAL RATE ADJUST: 0.000
LTV : 65.53000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094915 MORTGAGORS: JARAVATA, JOVENCIO
ADDRESS : 355 CEDARCROFT DR
MORTGAGE AMT: 590,000.00 CITY BRICK
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 08724
UNPAID BALANCE: 580,423.030 OPTION TO CONVERT : No
MONTHLY P&I: 4,024.84 ANNUAL RATE ADJUST: 0.000
LTV : 57.56000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094923 MORTGAGORS: KIM, DAI
ADDRESS : 1307 PALISADE AVE
MORTGAGE AMT: 337,500.00 CITY FORT LEE
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 NJ 07024
UNPAID BALANCE: 337,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,417.89 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094931 MORTGAGORS: REEVES, GEOFFREY
ADDRESS : 6613 CREST TOP DRIVE
MORTGAGE AMT: 356,000.00 CITY WEST BLOOMFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MI 48322
UNPAID BALANCE: 356,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,428.55 ANNUAL RATE ADJUST: 0.000
LTV : 64.11000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094956 MORTGAGORS: BRUZEE, ALAN
ADDRESS : 15507 VILLISCA TERRACE
MORTGAGE AMT: 146,400.00 CITY ROCKVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 MD 20855
UNPAID BALANCE: 146,273.950 OPTION TO CONVERT : No
MONTHLY P&I: 949.55 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094964 MORTGAGORS: WALTZMAN, HOWARD
ADDRESS : 3138 38TH STREET, N.W.
MORTGAGE AMT: 320,000.00 CITY WASHINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 DC 20016
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,210.16 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094972 MORTGAGORS: JOHNSON, ERIC
ADDRESS : 1601 16TH ST NW #1
MORTGAGE AMT: 256,000.00 CITY WASHINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 DC 20009
UNPAID BALANCE: 256,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,724.72 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094980 MORTGAGORS: MAYAB, EVELYN
ADDRESS : 3114 S GLENHAVEN
MORTGAGE AMT: 105,600.00 CITY SPRINGFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 MO 65804
UNPAID BALANCE: 105,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 747.43 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080094998 MORTGAGORS: DRURY, MELVIN
ADDRESS : 19 AVENUE OF CHAMPIONS
MORTGAGE AMT: 387,000.00 CITY NICHOLASVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 KY 40356
UNPAID BALANCE: 387,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,607.29 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095011 MORTGAGORS: KONCURAT, STEPHEN
ADDRESS : 12730 MARYVALE CT
MORTGAGE AMT: 520,000.00 CITY ELLICOTT CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MD 21042
UNPAID BALANCE: 520,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,503.34 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095029 MORTGAGORS: COHEN, YAFA
ADDRESS : 2020 WATERBURY LN
MORTGAGE AMT: 184,800.00 CITY LAS VEGAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 NV 89134
UNPAID BALANCE: 184,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,339.93 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095052 MORTGAGORS: BENNETT, GEANNIE
ADDRESS : 2805 WINTER OAKS WAY
MORTGAGE AMT: 368,000.00 CITY OAK HILL
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 VA 20171
UNPAID BALANCE: 368,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,386.84 ANNUAL RATE ADJUST: 0.000
LTV : 79.73000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095060 MORTGAGORS: LEE, HENRY
ADDRESS : 751 VINING ESTATES DRIVE
MORTGAGE AMT: 408,000.00 CITY SMYRNA
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 GA 30126
UNPAID BALANCE: 408,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,922.96 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095086 MORTGAGORS: CARDOSA, MICHAEL
CARDOSA, NANCY
ADDRESS : 6491 EL CAMINO REAL
MORTGAGE AMT: 300,000.00 CITY CARLSBAD
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92009
UNPAID BALANCE: 299,741.710 OPTION TO CONVERT : No
MONTHLY P&I: 1,945.79 ANNUAL RATE ADJUST: 0.000
LTV : 61.22449 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095151 MORTGAGORS: GREENE,, ROBERT
GREENE, DEBORAH
ADDRESS : 244 POWERS COVE
MORTGAGE AMT: 405,000.00 CITY MARIETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30067
UNPAID BALANCE: 405,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,762.81 ANNUAL RATE ADJUST: 0.000
LTV : 79.41000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095169 MORTGAGORS: MILLER, NORMA
ADDRESS : 5912 BETH DR
MORTGAGE AMT: 309,600.00 CITY PLANO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 TX 75075
UNPAID BALANCE: 309,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,112.02 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095177 MORTGAGORS: BLACK, JAMES
BLACK, JANET
ADDRESS : 4500 WHITTIER STREET
MORTGAGE AMT: 200,000.00 CITY VENTURA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 93003
UNPAID BALANCE: 199,831.970 OPTION TO CONVERT : No
MONTHLY P&I: 1,313.86 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095193 MORTGAGORS: MORRIS, ROGER
SOLOMON, LISA
ADDRESS : 872 S WILLIAM ST
MORTGAGE AMT: 278,500.00 CITY DENVER
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CO 80209
UNPAID BALANCE: 278,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,138.36 ANNUAL RATE ADJUST: 0.000
LTV : 67.93000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:105
--------------------------------------------------------------------------------
LN # 0080095201 MORTGAGORS: richardson, noel
e.richardson, jayne
ADDRESS : 145 JEWETT STREET
MORTGAGE AMT: 307,500.00 CITY NEWTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 02458
UNPAID BALANCE: 307,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,071.68 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095219 MORTGAGORS: MOSES, ALAN
MOSES, ELIZABETH
ADDRESS : 51 DUDLEY ROAD
MORTGAGE AMT: 500,000.00 CITY NEWTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02159
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,326.51 ANNUAL RATE ADJUST: 0.000
LTV : 45.66000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095235 MORTGAGORS: MOKSHAGUNDAN, SRIPRAKASH
MOKSHAGUNDAN, KAMALA
ADDRESS : 7404 HADDINGTON COURT
MORTGAGE AMT: 420,000.00 CITY PROSPECT
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 KY 40059
UNPAID BALANCE: 420,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,759.10 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095243 MORTGAGORS: RHOADS, JAMES
RHOADS, JUDITH
ADDRESS : 4011 OLD WESTBURY COURT
MORTGAGE AMT: 300,000.00 CITY BOULDER
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CO 80301
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,046.53 ANNUAL RATE ADJUST: 0.000
LTV : 73.81000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095250 MORTGAGORS: L.CROUCH, RICK
CROUCH, JULIA
ADDRESS : 9550 East STATE ROAD 46
MORTGAGE AMT: 250,000.00 CITY BLOOMINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IN 47401
UNPAID BALANCE: 250,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,684.30 ANNUAL RATE ADJUST: 0.000
LTV : 86.21000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095268 MORTGAGORS: CHRISTIAN, EUGENE
CHRISTIAN, LINDA
ADDRESS : 160 LAKEVIEW DR
MORTGAGE AMT: 460,000.00 CITY MCMURRAY
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 PA 15317
UNPAID BALANCE: 459,170.820 OPTION TO CONVERT : No
MONTHLY P&I: 3,214.60 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 04/01/24
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095276 MORTGAGORS: BERENDT, ARTHUR
BERENDT, KELLY
ADDRESS : 1147 LATHROP AVENUE
MORTGAGE AMT: 337,100.00 CITY RIVER FOREST
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 60305
UNPAID BALANCE: 337,100.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,299.62 ANNUAL RATE ADJUST: 0.000
LTV : 74.99000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095284 MORTGAGORS: WILLIAMS, BARRY
Williams, Bonnie
ADDRESS : 1800 WHIPPORWILL ROAD
MORTGAGE AMT: 266,500.00 CITY WATKINSVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 GA 30677
UNPAID BALANCE: 266,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,728.51 ANNUAL RATE ADJUST: 0.000
LTV : 78.38000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095292 MORTGAGORS: STOLLER, GREGORY
WASSELL, ARLENE
ADDRESS : 119 NEHOIDEN STREET
MORTGAGE AMT: 305,000.00 CITY NEEDHAM
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MA 02492
UNPAID BALANCE: 305,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,003.63 ANNUAL RATE ADJUST: 0.000
LTV : 75.50000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095300 MORTGAGORS: CYRA, STEVEN
CYRA, MARY
ADDRESS : N53 W16112 WHISPERING WAY
MORTGAGE AMT: 315,200.00 CITY MENOMONEE FALLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WI 53051
UNPAID BALANCE: 315,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,123.56 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095318 MORTGAGORS: GLEITMAN, RONALD
MCGREGOR, KARLA
ADDRESS : 375 MADISON AVENUE
MORTGAGE AMT: 312,000.00 CITY GLENCOE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60022
UNPAID BALANCE: 312,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,102.00 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095326 MORTGAGORS: DAGLEY, JAMES
DAGLEY, ELIZABETH
ADDRESS : 181 PEREGRINE
MORTGAGE AMT: 327,000.00 CITY HAWTHORN WOODS
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 IL 60047
UNPAID BALANCE: 327,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,148.16 ANNUAL RATE ADJUST: 0.000
LTV : 72.67000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095334 MORTGAGORS: rystad, harold
k.rystad, joie
ADDRESS : 36232 N WILDFLOWER
MORTGAGE AMT: 358,000.00 CITY CAREFREE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 AZ 85377
UNPAID BALANCE: 358,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,442.19 ANNUAL RATE ADJUST: 0.000
LTV : 78.17000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095342 MORTGAGORS: l.galfer, michael
galfer, elizabeth
ADDRESS : 432 OAKWOOD DR
MORTGAGE AMT: 296,000.00 CITY BARRINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 IL 60010
UNPAID BALANCE: 296,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,044.40 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095359 MORTGAGORS: KIRGAN, TIM
KIRGAN, MONICA
ADDRESS : 3481 NW. 93RD AVENUE
MORTGAGE AMT: 250,000.00 CITY POLK CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IA 50226
UNPAID BALANCE: 250,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,705.44 ANNUAL RATE ADJUST: 0.000
LTV : 76.92000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095375 MORTGAGORS: OHLHAUSEN, ERIC
OHLHAUSEN, KATHERINE
ADDRESS : 45 MADDOX DRIVE
MORTGAGE AMT: 650,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30309
UNPAID BALANCE: 650,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,324.47 ANNUAL RATE ADJUST: 0.000
LTV : 69.89000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095383 MORTGAGORS: LOSEY, DENNIS
LOSEY, MARILYN
ADDRESS : 3080 N LAKERIDGE TRL
MORTGAGE AMT: 335,000.00 CITY BOULDER
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CO 80302
UNPAID BALANCE: 335,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,285.29 ANNUAL RATE ADJUST: 0.000
LTV : 55.83000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095391 MORTGAGORS: DUNLOP, BRIAN
DUNLOP, DORCAS
ADDRESS : 314 W JACKSON ROAD
MORTGAGE AMT: 356,250.00 CITY ST LOUIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MO 63119
UNPAID BALANCE: 356,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,460.53 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095409 MORTGAGORS: POWELL, WILLIAM
MUDD-POWELL, SUSAN
ADDRESS : 12610 WEST AUBURN AVENUE
MORTGAGE AMT: 258,000.00 CITY LAKEWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CO 80228
UNPAID BALANCE: 258,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,781.94 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095417 MORTGAGORS: ZIBANEJADRAD, MAJID
ZIBANEJADRAD, CLAUDIA
ADDRESS : 645 WEST HOLLOW CT
MORTGAGE AMT: 362,400.00 CITY ROSWELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30075
UNPAID BALANCE: 362,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,472.21 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095425 MORTGAGORS: OWEN, STEVEN
OWEN, PEGGY
ADDRESS : 353 SOUTH ARROYA ROAD
MORTGAGE AMT: 328,800.00 CITY APACHE JUNCTION
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 AZ 85219
UNPAID BALANCE: 328,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,159.98 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095441 MORTGAGORS: CORSARO, JAMES
CORSARO, DONNA
ADDRESS : 11098 EAST BECK LANE
MORTGAGE AMT: 321,250.00 CITY SCOTTSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 AZ 85259
UNPAID BALANCE: 321,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,110.38 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095458 MORTGAGORS: OGAN, DENNIS
OGAN, ANNE
ADDRESS : 1543 PINE STREET
MORTGAGE AMT: 480,000.00 CITY BOULDER
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CO 80302
UNPAID BALANCE: 480,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,274.45 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095466 MORTGAGORS: E.OCONNOR, ROBERT
OCONNOR, LISA
ADDRESS : 416 W. ORIOLE LN
MORTGAGE AMT: 309,600.00 CITY MT PROSPECT
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60056
UNPAID BALANCE: 309,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,085.83 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095474 MORTGAGORS: PARKHOUSE, KENDALL
PARKHOUSE, LOBELA
ADDRESS : 125 KILTIRNAN CT
MORTGAGE AMT: 262,500.00 CITY ALPHARETTA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 GA 30004
UNPAID BALANCE: 262,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,724.44 ANNUAL RATE ADJUST: 0.000
LTV : 79.55000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095482 MORTGAGORS: HAICK, CRAIG
HAICK, JUDI
ADDRESS : 12461 BRIGHTON LANE
MORTGAGE AMT: 289,150.00 CITY PLAINFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60544
UNPAID BALANCE: 289,150.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,948.06 ANNUAL RATE ADJUST: 0.000
LTV : 79.66000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095490 MORTGAGORS: POCKROSS, MIRIAM
POCKROSS, KEITH
ADDRESS : 1460 C BUFFEHR CREEK ROAD
MORTGAGE AMT: 500,000.00 CITY VAIL
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CO 81657
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,368.59 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095508 MORTGAGORS: SAUNDERS, AARON
KOTULA, DIANE
ADDRESS : 9809 N 56TH ST
MORTGAGE AMT: 330,000.00 CITY PHOENIX
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 AZ 85253
UNPAID BALANCE: 330,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,251.18 ANNUAL RATE ADJUST: 0.000
LTV : 48.89000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095516 MORTGAGORS: MEERSMAN, WILLIAM
WOOD, CARRIE
ADDRESS : 4 BARK CHERRY
MORTGAGE AMT: 265,000.00 CITY LITTLETON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CO 80127
UNPAID BALANCE: 265,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,785.35 ANNUAL RATE ADJUST: 0.000
LTV : 63.86000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095524 MORTGAGORS: VANCE, ALLEN
VANCE, PAMELA
ADDRESS : 5586 WOODSONA DR
MORTGAGE AMT: 324,000.00 CITY DUNWOODY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 GA 30338
UNPAID BALANCE: 324,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,182.85 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095565 MORTGAGORS: OUNE, CHRISTOPHER
OUNE, KIMIKO
ADDRESS : 15 TRADITION PL
MORTGAGE AMT: 295,000.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92602
UNPAID BALANCE: 295,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,987.47 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095573 MORTGAGORS: MONIZ, GREGORY
MONIZ, IDELL
ADDRESS : 4055 PIER PT
MORTGAGE AMT: 304,000.00 CITY DISCOVERY BAY
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94514
UNPAID BALANCE: 304,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,125.61 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095599 MORTGAGORS: GROSS, DANIEL
GROSS, MARY
ADDRESS : 4849 GLENHOLLOW CR
MORTGAGE AMT: 260,000.00 CITY OCEANSIDE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92057
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,708.01 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095607 MORTGAGORS: LOCKHEIMER, ROBERT
LOCKHEIMER, KIMBERLY
ADDRESS : 1355 SPARROW RD
MORTGAGE AMT: 335,000.00 CITY CARLSBAD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92009
UNPAID BALANCE: 335,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,256.96 ANNUAL RATE ADJUST: 0.000
LTV : 74.44000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095615 MORTGAGORS: NAGY, ROBERT
NAGY, DONNA
ADDRESS : 1 D'ALTRUI DR
MORTGAGE AMT: 290,000.00 CITY HILLSBOROUGH
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 08853
UNPAID BALANCE: 290,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,978.31 ANNUAL RATE ADJUST: 0.000
LTV : 77.25000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095623 MORTGAGORS: KUKOFF, JAY
KUKOFF, OLGA
ADDRESS : 30 ROBIN RD
MORTGAGE AMT: 320,000.00 CITY WARREN
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NJ 07059
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,210.16 ANNUAL RATE ADJUST: 0.000
LTV : 61.54000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095631 MORTGAGORS: ENKIN, VALERIY
enkin, tatyana
ADDRESS : 37 TIP TOP WAY
MORTGAGE AMT: 279,900.00 CITY BERKELEY HEIGHTS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NJ 07922
UNPAID BALANCE: 279,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,933.20 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095649 MORTGAGORS: ROBINETTE, RONALD
ROEDIGER, SHARON
ADDRESS : 2700 NORTH PLACITA COPAN
MORTGAGE AMT: 229,183.81 CITY TUCSON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 AZ 85749
UNPAID BALANCE: 229,183.810 OPTION TO CONVERT : No
MONTHLY P&I: 1,524.77 ANNUAL RATE ADJUST: 0.000
LTV : 60.31000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095656 MORTGAGORS: DESANTIAGO, MICHAEL
DESANTIAGO, CARMEN
ADDRESS : 6852 CONCORD N
MORTGAGE AMT: 480,000.00 CITY NILES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60714
UNPAID BALANCE: 479,606.550 OPTION TO CONVERT : No
MONTHLY P&I: 3,193.45 ANNUAL RATE ADJUST: 0.000
LTV : 77.54000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095664 MORTGAGORS: FRAZIER, CRAIG
FRAZIER, PATTI
ADDRESS : 19550 E.VIA DEL ORO
MORTGAGE AMT: 291,350.00 CITY QUEEN CREEK
:\
STATE/ZIP :\
LIFETIME RATE : 7.87500 AZ 85242
UNPAID BALANCE: 290,911.050 OPTION TO CONVERT : No
MONTHLY P&I: 2,112.49 ANNUAL RATE ADJUST: 0.000
LTV : 82.07000 OUTSIDE CONV DATE:
CURRENT INT 7.87500 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095680 MORTGAGORS: s.dapon, eric
T DAPON, MARIA
ADDRESS : 28222 N 50TH PLACE
MORTGAGE AMT: 275,700.00 CITY PHOENIX
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 AZ 85331
UNPAID BALANCE: 275,700.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,927.73 ANNUAL RATE ADJUST: 0.000
LTV : 94.98000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095706 MORTGAGORS: THURMON, DONALD
THURMON, CAROL
ADDRESS : 7950 LANDOWNE DRIVE
MORTGAGE AMT: 351,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 8.50000 GA 30350
UNPAID BALANCE: 349,921.630 OPTION TO CONVERT : No
MONTHLY P&I: 2,698.89 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 8.50000 MATURITY DATE: 12/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095730 MORTGAGORS: UPPAL, RAJIV
UPPAL, REKHA
ADDRESS : 11319 PALATINE DR
MORTGAGE AMT: 561,600.00 CITY POTOMAC
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MD 20854
UNPAID BALANCE: 561,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,783.60 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095748 MORTGAGORS: MOLTHAN, STACEY
ADDRESS : 4655 DRIFTWOOD DR
MORTGAGE AMT: 325,000.00 CITY FRISCO
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 TX 75034
UNPAID BALANCE: 325,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,162.23 ANNUAL RATE ADJUST: 0.000
LTV : 68.42000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095755 MORTGAGORS: SULLIVAN, DANIEL
SULLIVAN, MARJORIE
ADDRESS : 1314-A NO OCEAN BLVD
MORTGAGE AMT: 292,000.00 CITY SURFSIDE BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 SC 29575
UNPAID BALANCE: 292,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,991.95 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095763 MORTGAGORS: ZARZUELA, JOSE
ZARZUELA, DONNA
ADDRESS : 4505 REBECCA COURT
MORTGAGE AMT: 228,800.00 CITY ELLICOTT CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 21043
UNPAID BALANCE: 228,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,560.82 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095771 MORTGAGORS: WILLIAMS, DAVID
WILLIAMS, CHRISTINE
ADDRESS : 530 NEWTOWN RD
MORTGAGE AMT: 560,000.00 CITY BERWYN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 PA 19312
UNPAID BALANCE: 560,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,772.82 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095789 MORTGAGORS: NAYLOR, GARY
NAYLOR, DIANE
ADDRESS : 8579 EAGLE RIDGE CT
MORTGAGE AMT: 336,000.00 CITY SPRINGBORO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 OH 45066
UNPAID BALANCE: 336,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,320.67 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095797 MORTGAGORS: AKHTAR, MUHAMMAD
akhtar, rehana
ADDRESS : 9202 FALLING WATER DRIVE
MORTGAGE AMT: 570,000.00 CITY BURR RIDGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60521
UNPAID BALANCE: 570,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,840.20 ANNUAL RATE ADJUST: 0.000
LTV : 67.06000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095813 MORTGAGORS: MONTGOMERY, MARK
MONTGOMERY, TAMRA
ADDRESS : 2692 JOYCERIDGE
MORTGAGE AMT: 318,200.00 CITY CHESTERFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MO 63017
UNPAID BALANCE: 318,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,143.77 ANNUAL RATE ADJUST: 0.000
LTV : 78.57000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095821 MORTGAGORS: VOMBERG, BETTY
VOMBERG, ARTHUR
ADDRESS : 15750 OLD CLARKSON RD
MORTGAGE AMT: 500,000.00 CITY CHESTERFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MO 63017
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,368.59 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095839 MORTGAGORS: BETHEL, BETH
BETHEL, SCOTT
ADDRESS : 106 MEADOW
MORTGAGE AMT: 355,000.00 CITY LABADIE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MO 63055
UNPAID BALANCE: 355,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,482.21 ANNUAL RATE ADJUST: 0.000
LTV : 76.34000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095847 MORTGAGORS: HOWARD, KATHRYN
HOWARD, KEVIN
ADDRESS : 208 CEDAR HILL DR.
MORTGAGE AMT: 304,000.00 CITY LABADIE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MO 63055
UNPAID BALANCE: 304,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,073.82 ANNUAL RATE ADJUST: 0.000
LTV : 78.15000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095854 MORTGAGORS: WHITTLEY, WILLIAM
WHITTLEY, WILMA
ADDRESS : 168 RUE GRAND
MORTGAGE AMT: 100,000.00 CITY LAKE ST LOUIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MO 63376
UNPAID BALANCE: 100,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 699.21 ANNUAL RATE ADJUST: 0.000
LTV : 76.34000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095862 MORTGAGORS: VELA, OCTAVIO
R.VELA, EILLEN
ADDRESS : 132 ASPEN DR
MORTGAGE AMT: 520,000.00 CITY LOS ALAMOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NM 87544
UNPAID BALANCE: 520,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,459.57 ANNUAL RATE ADJUST: 0.000
LTV : 76.47000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095870 MORTGAGORS: jg.rust, edwin
rust, susan
ADDRESS : 1802 ST MARK DR
MORTGAGE AMT: 276,000.00 CITY GAMBRILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 21054
UNPAID BALANCE: 276,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,836.23 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095888 MORTGAGORS: TOYAMA, JOHN
TOYAMA, MASAE
ADDRESS : 11512 CLARKSON RD
MORTGAGE AMT: 258,463.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 90064
UNPAID BALANCE: 258,463.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,697.92 ANNUAL RATE ADJUST: 0.000
LTV : 77.15000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095896 MORTGAGORS: SCOLNICK, HERBERT
SCOLNICK, CAMILLE
ADDRESS : 1420 N LIVERNOIS ROAD
MORTGAGE AMT: 649,999.00 CITY ROCHESTER HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MI 48306
UNPAID BALANCE: 649,999.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,434.14 ANNUAL RATE ADJUST: 0.000
LTV : 76.20000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095904 MORTGAGORS: CAMPBELL, TIMOTHY
CAMPBELL, LORRI
ADDRESS : 714 RIDGECREST RD
MORTGAGE AMT: 400,000.00 CITY AKRON
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 OH 44303
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,594.39 ANNUAL RATE ADJUST: 0.000
LTV : 66.67000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095912 MORTGAGORS: O'MARA, FRANCIS
O'MARA, CONSTANCE
ADDRESS : 7862 BRESSINGHAM DR
MORTGAGE AMT: 274,500.00 CITY FAIRFAX STATION
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 VA 22039
UNPAID BALANCE: 274,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,780.40 ANNUAL RATE ADJUST: 0.000
LTV : 71.30000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095920 MORTGAGORS: LONDON, ERIC
BROWNE-LONDON, HALI
ADDRESS : 6701 RANNOCH RD
MORTGAGE AMT: 306,000.00 CITY BETHESDA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MD 20817
UNPAID BALANCE: 306,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,061.58 ANNUAL RATE ADJUST: 0.000
LTV : 66.23000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095938 MORTGAGORS: JOERIGHT, DANIEL
JOERIGHT, PHYLLIS
ADDRESS : 10601 BRODHEAD
MORTGAGE AMT: 480,000.00 CITY GROSSE ILE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MI 48138
UNPAID BALANCE: 480,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,274.45 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095946 MORTGAGORS: DMITRIEV, VLADIMIR
DMITRIEV, IRINA
ADDRESS : 13501 SCOTTISH AUTUMN LA
MORTGAGE AMT: 335,200.00 CITY GAITHERSBURG
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MD 20878
UNPAID BALANCE: 335,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,315.14 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095953 MORTGAGORS: JOHNSON, DARREN
JOHNSON, AIMEE
ADDRESS : 1408 ARLINGTON CHASE
MORTGAGE AMT: 277,000.00 CITY SHERMAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 62684
UNPAID BALANCE: 277,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,889.63 ANNUAL RATE ADJUST: 0.000
LTV : 90.58000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095961 MORTGAGORS: BAKER, JANET
BAKER, RONALD
ADDRESS : 6043 LAKE LIZZIE DR
MORTGAGE AMT: 299,900.00 CITY ST CLOUD
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 FL 34771
UNPAID BALANCE: 299,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,970.13 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095987 MORTGAGORS: NERLINGER, RICHARD
NERLINGER, VIRGINIA
ADDRESS : 37 WESTBURY DR
MORTGAGE AMT: 341,000.00 CITY SPARTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 07871
UNPAID BALANCE: 341,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,268.68 ANNUAL RATE ADJUST: 0.000
LTV : 88.57000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080095995 MORTGAGORS: DUNN, GRADY
CHENG, FREDERICK
ADDRESS : 108 6TH ST NE
MORTGAGE AMT: 324,000.00 CITY WASHINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 DC 20002
UNPAID BALANCE: 324,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,265.46 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096001 MORTGAGORS: NAVARRA, THOMAS
NAVARRA, KELLY
ADDRESS : 9201 CANDLE RIDGE CT
MORTGAGE AMT: 251,800.00 CITY CENTERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 OH 45458
UNPAID BALANCE: 251,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,717.72 ANNUAL RATE ADJUST: 0.000
LTV : 89.99000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096019 MORTGAGORS: GOLDFEDER, JUDD
HINES-GOLDFEDER, FAYE
ADDRESS : 141 HELEN WAY
MORTGAGE AMT: 262,500.00 CITY ESCONDIDO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92025
UNPAID BALANCE: 262,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,813.02 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096027 MORTGAGORS: PIERCE, WILLIAM
PIERCE, PHYLLIS
ADDRESS : 5419 N RIDGE SPRING PL
MORTGAGE AMT: 240,000.00 CITY TUCSON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 AZ 85749
UNPAID BALANCE: 240,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,596.73 ANNUAL RATE ADJUST: 0.000
LTV : 65.75000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096035 MORTGAGORS: REYES, JOSE
REYES, SOLFIA
ADDRESS : 816 COVENTRY POINT
MORTGAGE AMT: 246,500.00 CITY SPRINGFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 62702
UNPAID BALANCE: 246,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,681.56 ANNUAL RATE ADJUST: 0.000
LTV : 85.74000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096043 MORTGAGORS: REPASS, KATHLEEN
REPASS, CHISTOPHER
ADDRESS : 106 HOLLYCLIFF LN
MORTGAGE AMT: 248,900.00 CITY CARY
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 NC 27511
UNPAID BALANCE: 248,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,635.10 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096050 MORTGAGORS: SEALL, RICHARD
SEALL, SUSANNE
ADDRESS : 50670 RAVENNA CT
MORTGAGE AMT: 416,400.00 CITY SOUTH BEND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IN 46628
UNPAID BALANCE: 416,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,770.32 ANNUAL RATE ADJUST: 0.000
LTV : 79.31000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096068 MORTGAGORS: LESCHANDER, RICHARD
LESCHANDER, LONA
ADDRESS : 35 CEDARS AVE
MORTGAGE AMT: 311,200.00 CITY HARVEY CEDARS
:\
STATE/ZIP :\
LIFETIME RATE : 6.37500 NJ 08008
UNPAID BALANCE: 311,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,941.48 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096076 MORTGAGORS: CHESHIRE, HOWARD
CHESHIRE, LUISA
ADDRESS : 5196 SHEFFIELD DR
MORTGAGE AMT: 548,000.00 CITY POWELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 OH 43065
UNPAID BALANCE: 548,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,738.33 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096084 MORTGAGORS: TRIMBLE, EDWARD
TRIMBLE, MELISSA
ADDRESS : 620 E. MORNINGSIDE
MORTGAGE AMT: 368,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30324
UNPAID BALANCE: 368,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,448.31 ANNUAL RATE ADJUST: 0.000
LTV : 68.79000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096092 MORTGAGORS: CHEN-YOUNG, MICHAEL
CHEN-YOUNG, ADRIENNE
ADDRESS : 5521 WESTBARD AVE
MORTGAGE AMT: 340,000.00 CITY BETHESDA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MD 20816
UNPAID BALANCE: 340,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,233.56 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096100 MORTGAGORS: SCHWARTZ, WILLIAM
SCHWARTZ, GAIL
ADDRESS : 10800 E CACTUS ROAD
MORTGAGE AMT: 360,000.00 CITY SCOTTSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 AZ 85259
UNPAID BALANCE: 360,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,486.43 ANNUAL RATE ADJUST: 0.000
LTV : 56.25000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096118 MORTGAGORS: MILLER, CLINTON
MILLER, MARIAN
ADDRESS : 25428 N BRONCO TRAIL
MORTGAGE AMT: 308,000.00 CITY SCOTTSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 AZ 85255
UNPAID BALANCE: 308,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,127.28 ANNUAL RATE ADJUST: 0.000
LTV : 76.05000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096126 MORTGAGORS: SULLIVAN, DANIEL
SULLIVAN, MARY
ADDRESS : 1029 BROAD BRANCH COURT
MORTGAGE AMT: 520,000.00 CITY MCLEAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 22101
UNPAID BALANCE: 520,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,547.32 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096134 MORTGAGORS: BERTELSON, KATHERINE
ADDRESS : 105 CLAY POINT RD
MORTGAGE AMT: 280,000.00 CITY COLCHESTER
:\
STATE/ZIP :\
LIFETIME RATE : 7.75000 VT 05446
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,005.95 ANNUAL RATE ADJUST: 0.000
LTV : 78.87000 OUTSIDE CONV DATE:
CURRENT INT 7.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080096696 MORTGAGORS: CARROLL, DENISE
YAGER, JOHN
ADDRESS : 9 BENNETT DRIVE
MORTGAGE AMT: 325,000.00 CITY EAST QUOGUE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NY 11942
UNPAID BALANCE: 324,737.900 OPTION TO CONVERT : No
MONTHLY P&I: 2,244.69 ANNUAL RATE ADJUST: 0.000
LTV : 89.04110 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080097496 MORTGAGORS: SPARKMAN, JANICE
GROMAN, ESTHER
GROMAN, JOHN
ADDRESS : 3751 KENSINGTON COURT
MORTGAGE AMT: 402,600.00 CITY SANTA ROSA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 95404
UNPAID BALANCE: 402,261.760 OPTION TO CONVERT : No
MONTHLY P&I: 2,644.80 ANNUAL RATE ADJUST: 0.000
LTV : 89.98659 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080097678 MORTGAGORS: GILANI, ALI
ADDRESS : 5581 5585 CAMPO WALK
MORTGAGE AMT: 396,000.00 CITY LONG BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90803
UNPAID BALANCE: 395,691.080 OPTION TO CONVERT : No
MONTHLY P&I: 2,701.42 ANNUAL RATE ADJUST: 0.000
LTV : 68.86957 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080097769 MORTGAGORS: RUSHFORD, GARY
RUSHFORD, SHARON
ADDRESS : 1852 CHERRY AVENUE
MORTGAGE AMT: 500,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 95125
UNPAID BALANCE: 499,569.500 OPTION TO CONVERT : No
MONTHLY P&I: 3,243.00 ANNUAL RATE ADJUST: 0.000
LTV : 70.42254 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080098262 MORTGAGORS: HARRIS, MARK
HARRIS, CYNTHIA
ADDRESS : 603 PICARDY COURT
MORTGAGE AMT: 288,000.00 CITY ROSEVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95661
UNPAID BALANCE: 287,775.330 OPTION TO CONVERT : No
MONTHLY P&I: 1,964.67 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080098312 MORTGAGORS: DAS, AJAY
DAS, GEETAM
ADDRESS : 834 STRICKROTH DRIVE
MORTGAGE AMT: 400,000.00 CITY MILPITAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 95035
UNPAID BALANCE: 399,695.630 OPTION TO CONVERT : No
MONTHLY P&I: 2,762.70 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080099575 MORTGAGORS: LAPE, JAMES
LAPE, SUZANNE
ADDRESS : 825 FOXTAIL COURT
MORTGAGE AMT: 641,000.00 CITY WALNUT CREE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94596
UNPAID BALANCE: 640,461.480 OPTION TO CONVERT : No
MONTHLY P&I: 4,210.92 ANNUAL RATE ADJUST: 0.000
LTV : 70.05464 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080099658 MORTGAGORS: HOLLIS, STACEY
HOLLIS, CYNTHIA
ADDRESS : 8186 CASTLEHILL ROAD
MORTGAGE AMT: 456,800.00 CITY HOOVER
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 AL 35242
UNPAID BALANCE: 456,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,116.18 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080099740 MORTGAGORS: BABCOCK, TERESA
ADDRESS : 19998 SHADOW CREEK CIRCLE
MORTGAGE AMT: 340,100.00 CITY CASTRO VALL
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94552
UNPAID BALANCE: 339,841.210 OPTION TO CONVERT : No
MONTHLY P&I: 2,348.99 ANNUAL RATE ADJUST: 0.000
LTV : 94.98912 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080100605 MORTGAGORS: GHAWI, GEORGE
ADDRESS : 11201 WHITE OAK AVENUE
MORTGAGE AMT: 287,200.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91344
UNPAID BALANCE: 286,981.460 OPTION TO CONVERT : No
MONTHLY P&I: 1,983.62 ANNUAL RATE ADJUST: 0.000
LTV : 79.33702 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080100621 MORTGAGORS: BARTOLET, DAVID
BARTOLET, MARIA
ADDRESS : 1900 EL MONTE DRIVE
MORTGAGE AMT: 264,000.00 CITY THOUSAND OA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91362
UNPAID BALANCE: 263,794.050 OPTION TO CONVERT : No
MONTHLY P&I: 1,800.95 ANNUAL RATE ADJUST: 0.000
LTV : 75.86207 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080100647 MORTGAGORS: MARKS, ALAN
MARKS, HELENA
ADDRESS : 16 TRANTO DRIVE
MORTGAGE AMT: 281,000.00 CITY NEWPORT COA
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 92657
UNPAID BALANCE: 280,796.620 OPTION TO CONVERT : No
MONTHLY P&I: 1,988.90 ANNUAL RATE ADJUST: 0.000
LTV : 89.77636 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080100662 MORTGAGORS: JOHNSON, PHILLIP
JOHNSON, DONNA
ADDRESS : 28605 EVENING BREEZE DRIV
MORTGAGE AMT: 312,800.00 CITY YORBA LINDA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92887
UNPAID BALANCE: 312,543.600 OPTION TO CONVERT : No
MONTHLY P&I: 2,081.07 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080100753 MORTGAGORS: SPILKER, BETTY
ADDRESS : 5711 TANNER RIDGE AVENUE
MORTGAGE AMT: 256,000.00 CITY THOUSAND OA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91362
UNPAID BALANCE: 255,795.280 OPTION TO CONVERT : No
MONTHLY P&I: 1,724.72 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080100795 MORTGAGORS: MORDETZKY, DAVID
MORDETZKY, MARILYN
ADDRESS : 5607 HIGH PEAK PLACE
MORTGAGE AMT: 300,200.00 CITY AGOURA HILL
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91301
UNPAID BALANCE: 299,959.940 OPTION TO CONVERT : No
MONTHLY P&I: 2,022.50 ANNUAL RATE ADJUST: 0.000
LTV : 71.81818 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080100811 MORTGAGORS: BLAIR, ROBERT
BLAIR, CHERYL
ADDRESS : 2175 AVENIDA TORONJA
MORTGAGE AMT: 334,050.00 CITY CARLSBAD
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92009
UNPAID BALANCE: 333,500.760 OPTION TO CONVERT : No
MONTHLY P&I: 2,222.45 ANNUAL RATE ADJUST: 0.000
LTV : 89.98731 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080100928 MORTGAGORS: AGUILAR, RODNEY
AGUILAR, ALLISON
ADDRESS : 2733 CARINA COURT
MORTGAGE AMT: 420,000.00 CITY WALNUT CREE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94598
UNPAID BALANCE: 420,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,794.27 ANNUAL RATE ADJUST: 0.000
LTV : 60.04289 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080101009 MORTGAGORS: KRIJESTORAC, SAMMY
LIEDTKE, BONNIE
ADDRESS : 4218 RHODES AVENUE
MORTGAGE AMT: 520,000.00 CITY STUDIO CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 91604
UNPAID BALANCE: 519,614.080 OPTION TO CONVERT : No
MONTHLY P&I: 3,635.92 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080101058 MORTGAGORS: BEALL OLAGUE, MARILYN
HARBOR, ROXANNE
ADDRESS : 6 AND 8 CHURCH STREET
MORTGAGE AMT: 372,000.00 CITY MOUNTAIN VI
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94041
UNPAID BALANCE: 371,687.470 OPTION TO CONVERT : No
MONTHLY P&I: 2,443.78 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080101082 MORTGAGORS: CHAO, JEFFREY
LIN, CYNTHIA
ADDRESS : 10678 PASSERINE WAY
MORTGAGE AMT: 300,000.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92121
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,021.16 ANNUAL RATE ADJUST: 0.000
LTV : 73.17073 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080101157 MORTGAGORS: GRILL, KATHERINE
GREGOIRE, ROLAND
ADDRESS : 5216 KELLER RIDGE DRIVE
MORTGAGE AMT: 333,500.00 CITY CLAYTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94517
UNPAID BALANCE: 333,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,275.06 ANNUAL RATE ADJUST: 0.000
LTV : 79.99232 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080101223 MORTGAGORS: FIELD, MARSHALL
FIELD, BARBARA
ADDRESS : 1351 BIG PLUM DRIVE
MORTGAGE AMT: 340,500.00 CITY SEBASTOPOL
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95472
UNPAID BALANCE: 340,234.380 OPTION TO CONVERT : No
MONTHLY P&I: 2,322.81 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103245 MORTGAGORS: RILEY, KENNETH
RILEY, LINDA
ADDRESS : 54 MONSERRAT
MORTGAGE AMT: 292,000.00 CITY FOOTHILL RA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92610
UNPAID BALANCE: 291,748.590 OPTION TO CONVERT : No
MONTHLY P&I: 1,893.91 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103286 MORTGAGORS: MIYAGISHIMA, GARY
MA, PEIBEI
ADDRESS : 10088 ALBEE AVENUE
MORTGAGE AMT: 245,200.00 CITY TUSTIN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92782
UNPAID BALANCE: 244,999.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,631.33 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103302 MORTGAGORS: LARSON, LYLE
ADDRESS : 20032 NE UNION HILL ROAD
MORTGAGE AMT: 253,000.00 CITY REDMOND
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 WA 98053
UNPAID BALANCE: 252,812.230 OPTION TO CONVERT : No
MONTHLY P&I: 1,769.02 ANNUAL RATE ADJUST: 0.000
LTV : 73.33333 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103336 MORTGAGORS: LEONARD, STEVE
LEONARD, BERNADETTE
ADDRESS : 815 NILE DRIVE
MORTGAGE AMT: 160,000.00 CITY ALPHARETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 GA 30022
UNPAID BALANCE: 160,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,077.95 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103344 MORTGAGORS: KENNEDY, CHRISTOPHER
KENNEDY, ASHLEY
ADDRESS : 5520 OXBOROUGH WAY
MORTGAGE AMT: 164,000.00 CITY ALPHARETTA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 GA 30005
UNPAID BALANCE: 164,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,077.36 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103351 MORTGAGORS: GROSS, KENNETH
ADDRESS : 1925 RIDGE GATE DRIVE
MORTGAGE AMT: 188,800.00 CITY CUMMING
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30041
UNPAID BALANCE: 188,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,287.95 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103369 MORTGAGORS: BAER, THOMAS
BAER, TRISHA
ADDRESS : 38414 NEBO DRIVE
MORTGAGE AMT: 203,200.00 CITY FREMONT
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94536
UNPAID BALANCE: 203,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,369.00 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103377 MORTGAGORS: RAINEY, WILLIAM
RAINEY, LIBBIE
ADDRESS : 718 BRENTWOOD DRIVE
MORTGAGE AMT: 227,150.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 95129
UNPAID BALANCE: 226,985.600 OPTION TO CONVERT : No
MONTHLY P&I: 1,607.75 ANNUAL RATE ADJUST: 0.000
LTV : 68.83000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103385 MORTGAGORS: LAGANI, LISA
COLLINS, KEVIN
ADDRESS : 514 239TH AVE SE
MORTGAGE AMT: 227,190.00 CITY REDMOND
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 WA 98053
UNPAID BALANCE: 227,190.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,492.48 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103393 MORTGAGORS: YARBROUGH, IDA
ADDRESS : 3685 FAIRWAY BOULEVARD
MORTGAGE AMT: 231,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90043
UNPAID BALANCE: 230,823.230 OPTION TO CONVERT : No
MONTHLY P&I: 1,595.46 ANNUAL RATE ADJUST: 0.000
LTV : 60.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103401 MORTGAGORS: KIMBALL, BRIAN
ADDRESS : 3278 HIGHBORNE CIR
MORTGAGE AMT: 236,000.00 CITY MARIETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 GA 30066
UNPAID BALANCE: 236,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,629.99 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103419 MORTGAGORS: payne, don
PAYNE, LORETTA
ADDRESS : 22142 S MINT LAKE ROAD
MORTGAGE AMT: 244,000.00 CITY BEAVERCREEK
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 OR 97004
UNPAID BALANCE: 244,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,643.87 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103427 MORTGAGORS: WILSON, JEFFERY
WILSON, LINNEA
ADDRESS : 15950 SE AMISIGGER ROAD
MORTGAGE AMT: 247,500.00 CITY BORING
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 OR 97009
UNPAID BALANCE: 247,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,625.90 ANNUAL RATE ADJUST: 0.000
LTV : 81.15000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103435 MORTGAGORS: WINSTON, MICHAEL
WINSTON, HEIDI
ADDRESS : 2500 Kennewick Ave. North
MORTGAGE AMT: 250,000.00 CITY RENTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 WA 98056
UNPAID BALANCE: 250,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,726.69 ANNUAL RATE ADJUST: 0.000
LTV : 74.63000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103443 MORTGAGORS: TYRRELL, R.
TYRRELL, DEBRA
ADDRESS : 1970 W SWAMP ROAD
MORTGAGE AMT: 250,000.00 CITY MILFORD
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 PA 18951
UNPAID BALANCE: 250,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,769.48 ANNUAL RATE ADJUST: 0.000
LTV : 78.62000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103450 MORTGAGORS: FARWICK, EILEEN
FARWICK, DAVID
ADDRESS : 516 JENNIFER LANE
MORTGAGE AMT: 251,750.00 CITY WINDERMERE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 FL 34786
UNPAID BALANCE: 251,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,760.27 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103468 MORTGAGORS: GUNNELS, VERLIN
GUNNELS, LUCINDA
ADDRESS : 6011 MEADOW EDGE DRIVE
MORTGAGE AMT: 251,912.00 CITY RENO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NV 89502
UNPAID BALANCE: 251,912.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,739.89 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103476 MORTGAGORS: FRELICK, JEFFREY
FRELICK, PATRICIA
ADDRESS : 8 SWEETWOOD CIRCLE
MORTGAGE AMT: 252,000.00 CITY WESTFORD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 01886
UNPAID BALANCE: 252,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,697.77 ANNUAL RATE ADJUST: 0.000
LTV : 77.54000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103484 MORTGAGORS: warmkessel, robert
ADDRESS : 1606 SE ELLIOTT AVENUE
MORTGAGE AMT: 252,000.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 OR 97214
UNPAID BALANCE: 252,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,655.46 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103492 MORTGAGORS: JOSHI, ARVIND
JOSHI, MELISSA HARMUTH
ADDRESS : 2508 CROCKER WAY
MORTGAGE AMT: 252,000.00 CITY ANTIOCH
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94509
UNPAID BALANCE: 252,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,762.02 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103526 MORTGAGORS: WRIGHT, PAUL
WRIGHT, JANIE
ADDRESS : 7480 SHADBURN FERRY ROAD
MORTGAGE AMT: 253,500.00 CITY CUMMING
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 GA 30041
UNPAID BALANCE: 253,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,772.51 ANNUAL RATE ADJUST: 0.000
LTV : 72.43000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103534 MORTGAGORS: BERGESON, BRUCE
BERGESON, LAURA
ADDRESS : 949 EAST CEDER BERRY LANE
MORTGAGE AMT: 254,000.00 CITY PINE VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 UT 84781
UNPAID BALANCE: 254,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,754.31 ANNUAL RATE ADJUST: 0.000
LTV : 86.10000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103559 MORTGAGORS: GORMAN, BRIAN
ADDRESS : 8018 10TH AVENUE NORTHWES
MORTGAGE AMT: 255,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WA 98117
UNPAID BALANCE: 255,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,717.98 ANNUAL RATE ADJUST: 0.000
LTV : 88.70000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103575 MORTGAGORS: VESH, ANTHONY
ADDRESS : 945 SOUTH YACHTSMAN DRIVE
MORTGAGE AMT: 255,200.00 CITY SANIBEL
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 FL 33957
UNPAID BALANCE: 255,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,719.33 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103583 MORTGAGORS: ROSENBERG, DAVID
ADDRESS : 1945 39TH STREET, N.W.
MORTGAGE AMT: 255,200.00 CITY WASHINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 DC 20007
UNPAID BALANCE: 255,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,740.91 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103591 MORTGAGORS: SHALI, SHOBO
ADDRESS : 21971 SANDRA STREET
MORTGAGE AMT: 256,000.00 CITY LAKE FOREST
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92630
UNPAID BALANCE: 256,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,768.13 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103609 MORTGAGORS: PACE, GREGORY
PACE, DONNA
ADDRESS : 20801 S WISTERIA ROAD
MORTGAGE AMT: 257,000.00 CITY WEST LINN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 OR 97068
UNPAID BALANCE: 257,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,709.83 ANNUAL RATE ADJUST: 0.000
LTV : 61.19000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103617 MORTGAGORS: LEITZMANN, MATTHIAS
LEITZMANN, CLARE
ADDRESS : 1 ERIN PLACE
MORTGAGE AMT: 258,000.00 CITY SOUTH EASTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MA 02375
UNPAID BALANCE: 258,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,694.88 ANNUAL RATE ADJUST: 0.000
LTV : 78.66000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103625 MORTGAGORS: MEDINA, LAURA BLANCHARD
MEDINA, ANTONIO
ADDRESS : 802 ARLINGTON STREET
MORTGAGE AMT: 258,350.00 CITY HOUSTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 TX 77007
UNPAID BALANCE: 258,350.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,697.18 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103633 MORTGAGORS: WHITE, KENNETH
WHITE, CATHERINE
ADDRESS : 826 WAYNEWOOD BOULEVARD
MORTGAGE AMT: 258,400.00 CITY ALEXANDRIA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 VA 22308
UNPAID BALANCE: 258,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,697.50 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103641 MORTGAGORS: NGUYEN, THAI
NGUYEN, CAM
ADDRESS : 2945 CREEK POINT DRIVE
MORTGAGE AMT: 258,750.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95133
UNPAID BALANCE: 258,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,765.13 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103658 MORTGAGORS: GALLAGHER, JOSEPH
GALLAGHER, JEANETTE
ADDRESS : 5647 HOWELL COURT
MORTGAGE AMT: 260,000.00 CITY ARVADA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CO 80002
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,751.67 ANNUAL RATE ADJUST: 0.000
LTV : 62.90000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103666 MORTGAGORS: SELIGER, KEVIN
SELIGER, DENISE
ADDRESS : 1148 ROYAL DUBLIN LANE
MORTGAGE AMT: 260,000.00 CITY DYER
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IN 46311
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,751.67 ANNUAL RATE ADJUST: 0.000
LTV : 71.23000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103674 MORTGAGORS: HEMRY, TOM
HEMRY, HEIDI
ADDRESS : 8085 SOUTH CLAYTON CIRCLE
MORTGAGE AMT: 260,000.00 CITY LITTLETON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CO 80122
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,751.67 ANNUAL RATE ADJUST: 0.000
LTV : 77.61000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103682 MORTGAGORS: NALBANTU, ALEXANDER
NALBANTU, SILVIA
ADDRESS : 5822 172ND STREET SOUTHEA
MORTGAGE AMT: 260,000.00 CITY BOTHELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98012
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,729.79 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103690 MORTGAGORS: ADAIR, MICHAEL
ADAIR, TERESA
ADDRESS : 77135 LONDON ROAD
MORTGAGE AMT: 261,000.00 CITY COTTAGE GROVE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 OR 97424
UNPAID BALANCE: 261,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,758.41 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103716 MORTGAGORS: RAND, JAMES
RAND, SANDRA
ADDRESS : 5631 PLUMTREE DRIVE
MORTGAGE AMT: 261,500.00 CITY DALLAS
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 TX 75252
UNPAID BALANCE: 261,280.310 OPTION TO CONVERT : No
MONTHLY P&I: 1,717.87 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103724 MORTGAGORS: BENDER, JOSEPH
BENDER, ELISE
ADDRESS : 1855 SKI TIME SQUARE #503
MORTGAGE AMT: 263,200.00 CITY STEAMBOAT SPRINGS
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CO 80487
UNPAID BALANCE: 263,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,840.33 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103732 MORTGAGORS: PACE, NORMAN
ADDRESS : 1990 DARTMOUTH AVENUE
MORTGAGE AMT: 264,000.00 CITY BOULDER
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80303
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,756.40 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103740 MORTGAGORS: KIPP, STEVE
ADDRESS : 720 QUEEN ANNE AVENUE NOR
MORTGAGE AMT: 264,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98109
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,756.40 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103757 MORTGAGORS: DENHAM, BRADFORD
DENHAM, KIMBERLEY
ADDRESS : 5366 EAST FOREST PLEASANT
MORTGAGE AMT: 264,000.00 CITY CAVE CREEK
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 AZ 85331
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,823.38 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103765 MORTGAGORS: PETERSEN, JEFFREY
PETERSEN, STEPHANIE
ADDRESS : 51 WITT ROAD
MORTGAGE AMT: 264,000.00 CITY SOUTH BARRINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 IL 60010
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,845.93 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103773 MORTGAGORS: WOODBREY, BARRY
WOODBREY, KATHLEEN
ADDRESS : 2504 SOMERSET DRIVE
MORTGAGE AMT: 264,000.00 CITY JEFFERSONTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 22724
UNPAID BALANCE: 264,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,800.95 ANNUAL RATE ADJUST: 0.000
LTV : 84.89000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103781 MORTGAGORS: YOUNG, WILLIAM
YOUNG, KATERI
ADDRESS : 5123 N 26TH STREET
MORTGAGE AMT: 264,400.00 CITY ARLINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 VA 22207
UNPAID BALANCE: 264,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,692.98 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103799 MORTGAGORS: tolson, david
tolson, kristin
ADDRESS : 3310 KLONDIKE PLACE
MORTGAGE AMT: 265,000.00 CITY CASTLE ROCK
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80104
UNPAID BALANCE: 265,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,763.05 ANNUAL RATE ADJUST: 0.000
LTV : 63.86000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103807 MORTGAGORS: RUCH, CARL
RUCH, LINDA
ADDRESS : 4010 CHEYENNE DRIVE
MORTGAGE AMT: 265,000.00 CITY LARKSPUR
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CO 80118
UNPAID BALANCE: 264,803.330 OPTION TO CONVERT : No
MONTHLY P&I: 1,852.92 ANNUAL RATE ADJUST: 0.000
LTV : 74.02000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103815 MORTGAGORS: STRICKLAND, HERMAN
STRICKLAND, RHONDA
ADDRESS : 9804 WOODLAND RUN LN.
MORTGAGE AMT: 265,500.00 CITY CORDOVA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 TN 38018
UNPAID BALANCE: 265,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,744.15 ANNUAL RATE ADJUST: 0.000
LTV : 67.22000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103823 MORTGAGORS: LANGFIELD, ROBERT
LANGFIELD, DE LOIS
ADDRESS : 16026 BAYBERRY LANE
MORTGAGE AMT: 265,500.00 CITY SAN LORENZO
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94580
UNPAID BALANCE: 265,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,856.41 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103831 MORTGAGORS: BUCHELT, WILLIAM
BUCHELT, NICOLE
ADDRESS : 1924 CLYDE DRIVE
MORTGAGE AMT: 266,800.00 CITY NAPERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60540
UNPAID BALANCE: 266,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,775.03 ANNUAL RATE ADJUST: 0.000
LTV : 74.11000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103849 MORTGAGORS: SAICHUR, SUSHADA
ADDRESS : 1136 BASIL ROAD
MORTGAGE AMT: 267,000.00 CITY MCLEAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 VA 22101
UNPAID BALANCE: 267,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,866.90 ANNUAL RATE ADJUST: 0.000
LTV : 63.57000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103864 MORTGAGORS: ROACHE, DANIEL
JOHNSON, NANCY
ADDRESS : 65 PROSPECT STREET
MORTGAGE AMT: 268,000.00 CITY CARLISLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 01741
UNPAID BALANCE: 268,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,805.57 ANNUAL RATE ADJUST: 0.000
LTV : 60.91000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103872 MORTGAGORS: turner, landix
turner, esther
ADDRESS : 18106 EAST ALAMO DRIVE
MORTGAGE AMT: 268,000.00 CITY AURORA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CO 80015
UNPAID BALANCE: 268,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,760.57 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103880 MORTGAGORS: NICHOLLS, MICHAEL
DAVIS, MARDI
ADDRESS : 647 SE ANDOVER PLACE
MORTGAGE AMT: 268,000.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 OR 97202
UNPAID BALANCE: 268,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,783.01 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103898 MORTGAGORS: LIU, ANDY
ADDRESS : 18960 NW CORNELL ROAD
MORTGAGE AMT: 268,000.00 CITY HILLSBORO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 OR 97124
UNPAID BALANCE: 268,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,851.01 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103906 MORTGAGORS: MWASLIEN, DORIS
ADDRESS : 250 WINDING HOLLOW LANE
MORTGAGE AMT: 268,000.00 CITY COPPELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 TX 75019
UNPAID BALANCE: 268,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,851.01 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103914 MORTGAGORS: HERRING, ANTHONY
ADDRESS : 4221 BRETDALE RUN
MORTGAGE AMT: 268,800.00 CITY KENNESAW
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30152
UNPAID BALANCE: 268,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,833.69 ANNUAL RATE ADJUST: 0.000
LTV : 94.98000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103930 MORTGAGORS: SAMUEL, RODERIC
SAMUEL, PREMILA
ADDRESS : 9506 CLAYCHIN COURT
MORTGAGE AMT: 270,000.00 CITY BURKE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 22015
UNPAID BALANCE: 270,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,841.88 ANNUAL RATE ADJUST: 0.000
LTV : 83.08000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103948 MORTGAGORS: NUGENT, MARK
ADDRESS : 3448 BARRISTERS KEEPE CIR
MORTGAGE AMT: 270,800.00 CITY FAIRFAX
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 22031
UNPAID BALANCE: 270,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,847.33 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103955 MORTGAGORS: DEAN, STEVEN
DEAN, KATHERINE
ADDRESS : 3846 EAST TALOWA STREET
MORTGAGE AMT: 272,000.00 CITY PHOENIX
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 AZ 85044
UNPAID BALANCE: 272,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,786.85 ANNUAL RATE ADJUST: 0.000
LTV : 75.56000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103963 MORTGAGORS: CANNON, DWIGHT
CANNON, DIANA
ADDRESS : 14485 SW PEACHTREE DRIVE
MORTGAGE AMT: 272,000.00 CITY TIGARD
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 OR 97224
UNPAID BALANCE: 272,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,786.85 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103971 MORTGAGORS: VESSELLA, EILEEN
ADDRESS : 1546 WINCHESTER AVENUE
MORTGAGE AMT: 272,000.00 CITY GLENDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91201
UNPAID BALANCE: 272,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,855.52 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103989 MORTGAGORS: KIRBY, RICHARD
HOLCOMB, HEIDI
ADDRESS : 601 CATESBY COURT, S.W.
MORTGAGE AMT: 273,600.00 CITY LEESBURG
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 20175
UNPAID BALANCE: 273,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,866.43 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080103997 MORTGAGORS: PESCIOTTA, ERIC
PESCIOTTA, ANNE
ADDRESS : 15 CHADWICK ROAD
MORTGAGE AMT: 273,750.00 CITY ENGLISHTOWN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 07726
UNPAID BALANCE: 273,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,821.27 ANNUAL RATE ADJUST: 0.000
LTV : 63.08000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104003 MORTGAGORS: FRANZONI, LAWRENCE
FRANZONI, ANGELINA
ADDRESS : 26880 TABLE MEADOW ROAD
MORTGAGE AMT: 273,750.00 CITY AUBURN
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 95602
UNPAID BALANCE: 273,541.700 OPTION TO CONVERT : No
MONTHLY P&I: 1,890.72 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104011 MORTGAGORS: EBERHARDT, FRANK
EBERHARDT, CAROLINE
ADDRESS : 5931 INNISVALE DRIVE
MORTGAGE AMT: 274,400.00 CITY FAIRFAX
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 VA 22039
UNPAID BALANCE: 274,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,802.61 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104029 MORTGAGORS: LIEBER, KATHERINE
MATHESON, MONIQUE
ADDRESS : 2133 NE 21ST AVENUE
MORTGAGE AMT: 275,000.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 OR 97212
UNPAID BALANCE: 275,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,806.55 ANNUAL RATE ADJUST: 0.000
LTV : 62.50000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104037 MORTGAGORS: QUIST, KRIS
BORGMAN, ANDREA
ADDRESS : 2060 PRESCOTT AVENUE
MORTGAGE AMT: 275,000.00 CITY MONTEREY
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 93940
UNPAID BALANCE: 274,763.240 OPTION TO CONVERT : No
MONTHLY P&I: 1,783.64 ANNUAL RATE ADJUST: 0.000
LTV : 73.33000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104045 MORTGAGORS: robless, robert
ROBLESS, BARBARA
ADDRESS : 611 WEST CAMPBELL COURT
MORTGAGE AMT: 275,000.00 CITY ARLINGTON HEIGHTS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 60005
UNPAID BALANCE: 275,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,875.98 ANNUAL RATE ADJUST: 0.000
LTV : 78.57000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104052 MORTGAGORS: BUSH, LORI
ADDRESS : 4247 LIVELY LANE
MORTGAGE AMT: 275,500.00 CITY DALLAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 TX 75220
UNPAID BALANCE: 275,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,832.91 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104060 MORTGAGORS: MILHORN, JAMES
MILHORN, BARBARA
ADDRESS : 11527 EAST CHAMA ROAD
MORTGAGE AMT: 276,000.00 CITY SCOTTSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 AZ 85255
UNPAID BALANCE: 276,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,836.23 ANNUAL RATE ADJUST: 0.000
LTV : 79.77000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104078 MORTGAGORS: SZE, WALTER
ADDRESS : 20439 KIRKMONT DRIVE
MORTGAGE AMT: 276,000.00 CITY SARATOGA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 95070
UNPAID BALANCE: 276,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,813.12 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104086 MORTGAGORS: RIELEY, ERIN
ADDRESS : 2323 11TH AVENUE EAST
MORTGAGE AMT: 276,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98102
UNPAID BALANCE: 276,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,836.23 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104094 MORTGAGORS: PERRY, STEPHEN PRESTON
ORR, RONALD HUSTON
ADDRESS : 1838 DELOZ AVENUE
MORTGAGE AMT: 276,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90027
UNPAID BALANCE: 276,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,882.81 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104102 MORTGAGORS: DORKAN, MURAT
BRAFMANN-DORKAN, JULIE
ADDRESS : 646 OAK FARM COURT
MORTGAGE AMT: 276,500.00 CITY TIMONIUM
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 21093
UNPAID BALANCE: 276,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,886.22 ANNUAL RATE ADJUST: 0.000
LTV : 72.76000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104110 MORTGAGORS: HALPERN-GIVENS, ROBERT
HALPERN-GIVENS, LINDSEY
ADDRESS : 3001 SUTTON WOODS COURT
MORTGAGE AMT: 276,800.00 CITY CRYSTAL LAKE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60012
UNPAID BALANCE: 276,780.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,841.56 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104136 MORTGAGORS: LETHBRIDGE, MOIRA
LETHBRIDGE, STEPHEN
ADDRESS : 2418 LANCASTER COURT
MORTGAGE AMT: 277,600.00 CITY FALLS CHURCH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 VA 22043
UNPAID BALANCE: 277,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,846.88 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104144 MORTGAGORS: GUESS, LAURETTE M
ADDRESS : 4228 GILBERT AVENUE
MORTGAGE AMT: 278,800.00 CITY DALLAS
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 TX 75219
UNPAID BALANCE: 278,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,808.29 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104151 MORTGAGORS: KIRBY, KIT
KIRBY, PATRICE
ADDRESS : 5479 DIRK CIRCLE
MORTGAGE AMT: 279,900.00 CITY LA PALMA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 90623
UNPAID BALANCE: 279,659.010 OPTION TO CONVERT : No
MONTHLY P&I: 1,815.43 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104169 MORTGAGORS: COOK, MAURICE
COOK, SUSANNE
ADDRESS : 6443 ALISAL STREET
MORTGAGE AMT: 280,000.00 CITY PLEASANTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94566
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,957.80 ANNUAL RATE ADJUST: 0.000
LTV : 62.22000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104177 MORTGAGORS: BAWCOM, RICK
BAWCOM, DONNA
ADDRESS : 12192 WATERSONG LANE
MORTGAGE AMT: 280,000.00 CITY WILTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 95693
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,839.40 ANNUAL RATE ADJUST: 0.000
LTV : 74.27000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104185 MORTGAGORS: SABAGH, MAYSEM
ADDRESS : 5967 FAIRVIEW WOODS DRIVE
MORTGAGE AMT: 280,000.00 CITY FAIRFAX STATION
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 22039
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,910.09 ANNUAL RATE ADJUST: 0.000
LTV : 75.27000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104193 MORTGAGORS: FEEHAN, THOMAS
FEEHAN, MARYLOU
ADDRESS : 10604 ORCHARD STREET
MORTGAGE AMT: 280,000.00 CITY FAIRFAX
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 VA 22030
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,839.40 ANNUAL RATE ADJUST: 0.000
LTV : 78.27000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104201 MORTGAGORS: GREENWOOD, ERIC
GREENWOOD, JUDY
ADDRESS : 18869 CORDATA STREET
MORTGAGE AMT: 280,000.00 CITY FOUNTAIN VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92708
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,910.09 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104219 MORTGAGORS: WEICK, MATTHEW
WEICK, KIMBERLY
ADDRESS : 2125 WILBANKS CIRCLE
MORTGAGE AMT: 280,100.00 CITY HENDERSON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NV 89012
UNPAID BALANCE: 280,100.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,910.78 ANNUAL RATE ADJUST: 0.000
LTV : 89.78000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104235 MORTGAGORS: BENINE, RYAN
ZARLENGO, ANN
ADDRESS : 3208 SOUTH DALLAS COURT
MORTGAGE AMT: 281,000.00 CITY DENVER
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CO 80210
UNPAID BALANCE: 280,763.930 OPTION TO CONVERT : No
MONTHLY P&I: 1,845.97 ANNUAL RATE ADJUST: 0.000
LTV : 77.84000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104243 MORTGAGORS: SNEDEKER, MICHAEL
SHORT, LISA
ADDRESS : 2119 SE LARCH AVENUE
MORTGAGE AMT: 281,600.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 OR 97214
UNPAID BALANCE: 281,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,897.19 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104250 MORTGAGORS: FERGUSON, PHILLIP
FERGUSON, BEVERLY
ADDRESS : 9206 CROSS OAK COURT
MORTGAGE AMT: 282,000.00 CITY FAIRFAX STATION
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 VA 22039
UNPAID BALANCE: 282,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,947.70 ANNUAL RATE ADJUST: 0.000
LTV : 74.52000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104276 MORTGAGORS: BUTTITA, MICHAEL
BUTTITA, DIANE
ADDRESS : 572 EAST DELGADO DRIVE
MORTGAGE AMT: 283,200.00 CITY PALATINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60067
UNPAID BALANCE: 283,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,907.97 ANNUAL RATE ADJUST: 0.000
LTV : 79.77000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104284 MORTGAGORS: BELCASTRO, HELEN
ADDRESS : 1407 MONTE DIABLO AVENUE
MORTGAGE AMT: 283,200.00 CITY SAN MATEO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94401
UNPAID BALANCE: 282,979.070 OPTION TO CONVERT : No
MONTHLY P&I: 1,931.92 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104292 MORTGAGORS: JOHNS, DANIEL
JOHNS, JANET
ADDRESS : 32 BEVERLY DRIVE
MORTGAGE AMT: 283,300.00 CITY AVON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CT 06001
UNPAID BALANCE: 283,300.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,932.61 ANNUAL RATE ADJUST: 0.000
LTV : 76.57000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104300 MORTGAGORS: SCHIMMEL, NORMAN
SCHIMMEL, DEBORAH
ADDRESS : 5 HERITAGE WAY
MORTGAGE AMT: 284,000.00 CITY EXETER
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NH 03833
UNPAID BALANCE: 284,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,913.36 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104318 MORTGAGORS: CIAMBRIELLO, DAWN
ADDRESS : 38 CANFIELD DRIVE
MORTGAGE AMT: 285,000.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CT 06484
UNPAID BALANCE: 285,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,896.11 ANNUAL RATE ADJUST: 0.000
LTV : 74.03000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104326 MORTGAGORS: GILLGRASS, BRYAN GEORGE
GILLGRASS, CARY SUE
ADDRESS : 9420 LAGUNA CREEK DRIVE
MORTGAGE AMT: 286,000.00 CITY ELK GROVE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95624
UNPAID BALANCE: 286,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,902.77 ANNUAL RATE ADJUST: 0.000
LTV : 89.38000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104334 MORTGAGORS: SCHUTZ, THOMAS
WOODMANSEE, SUSAN
ADDRESS : 640 ROBINSON WAY
MORTGAGE AMT: 286,350.00 CITY BENICIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94510
UNPAID BALANCE: 286,350.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,929.19 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104359 MORTGAGORS: CHEYNEY, MARY
ADDRESS : 104 BAHAMA COURT
MORTGAGE AMT: 368,000.00 CITY SAN RAMON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94583
UNPAID BALANCE: 368,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,510.41 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104367 MORTGAGORS: JELCICK, THOMAS WADE
JELCICK, DEBRA ANN
ADDRESS : 8046 HUNT CLUB LANE
MORTGAGE AMT: 288,000.00 CITY HANSVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WA 98340
UNPAID BALANCE: 288,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,940.31 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104375 MORTGAGORS: HANSON, HENRY
SHONE, SUSAN
ADDRESS : 2921 EAST VIKING ROAD
MORTGAGE AMT: 289,600.00 CITY LAS VEGAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NV 89121
UNPAID BALANCE: 289,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,926.72 ANNUAL RATE ADJUST: 0.000
LTV : 79.34000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104383 MORTGAGORS: KOTOSKE, THOMAS
KOTOSKE, KAREN
ADDRESS : 1657 EDGEWOOD DRIVE
MORTGAGE AMT: 290,000.00 CITY PALO ALTO
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 94303
UNPAID BALANCE: 290,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,052.60 ANNUAL RATE ADJUST: 0.000
LTV : 46.77000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104391 MORTGAGORS: OBADIAH, RICHARD
OBADIAH, PATRICIA
ADDRESS : 151 TREMONT STREET UNIT 2
MORTGAGE AMT: 290,000.00 CITY BOSTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 02111
UNPAID BALANCE: 290,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,953.78 ANNUAL RATE ADJUST: 0.000
LTV : 73.60000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104417 MORTGAGORS: GOOTEE, RICHARD
GOOTEE, ELIZABETH
ADDRESS : 9960 VILLAGE CENTER DRIVE
MORTGAGE AMT: 290,000.00 CITY GRANITE BAY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95746
UNPAID BALANCE: 290,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,953.78 ANNUAL RATE ADJUST: 0.000
LTV : 77.96000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104433 MORTGAGORS: HEROLD, LES
HEROLD, MICHELLE
ADDRESS : 1127 HOLLINGSWOOD AVENUE
MORTGAGE AMT: 292,000.00 CITY NAPERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 IL 60564
UNPAID BALANCE: 292,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,918.23 ANNUAL RATE ADJUST: 0.000
LTV : 87.95000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104441 MORTGAGORS: SILVA, DAVID
SILVA, M
ADDRESS : 4572 PINE VALLEY CIRCLE
MORTGAGE AMT: 292,500.00 CITY STOCKTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95219
UNPAID BALANCE: 292,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,946.01 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104458 MORTGAGORS: PERCY, BRIAN
PERCY, CHRISTIE
ADDRESS : 46420 SOUTHEAST EDGEWICK
MORTGAGE AMT: 294,400.00 CITY NORTH BEND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98045
UNPAID BALANCE: 294,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,958.65 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104466 MORTGAGORS: DILELIO, DAVID
ADDRESS : 5672 WOODROSE WAY
MORTGAGE AMT: 294,400.00 CITY LIVERMORE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94550
UNPAID BALANCE: 294,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,958.65 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104474 MORTGAGORS: MOYER, TAWNY
ADDRESS : 8414 KIRKWOOD DRIVE
MORTGAGE AMT: 294,800.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90046
UNPAID BALANCE: 294,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,011.06 ANNUAL RATE ADJUST: 0.000
LTV : 78.61000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104482 MORTGAGORS: KAULIUS, JOHN
KAULIUS, MARY
ADDRESS : 502 HARLEQUIN LANE
MORTGAGE AMT: 294,850.00 CITY SEVERNA PARK
:\
STATE/ZIP :\
LIFETIME RATE : 6.88000 MD 21146
UNPAID BALANCE: 294,850.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,937.94 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 6.88000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104508 MORTGAGORS: CARLIN, FRANCIS
CARLIN, ANNA
ADDRESS : 3 HIGHFIELD COURT
MORTGAGE AMT: 296,000.00 CITY COCKEYSVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 21030
UNPAID BALANCE: 296,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,019.24 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104516 MORTGAGORS: EARLEY, MICHAEL
EARLEY, CATHRYN
ADDRESS : 1459 WEST WARNER AVENUE
MORTGAGE AMT: 297,000.00 CITY CHICAGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 IL 60613
UNPAID BALANCE: 295,269.940 OPTION TO CONVERT : No
MONTHLY P&I: 2,026.06 ANNUAL RATE ADJUST: 0.000
LTV : 42.43000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104532 MORTGAGORS: FOUTZ, CHERYL
FOUTZ, STEVEN
ADDRESS : 1565 WESTOVER LOOP
MORTGAGE AMT: 297,350.00 CITY HEATHROW
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 FL 32746
UNPAID BALANCE: 297,350.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,028.45 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104540 MORTGAGORS: CAREY, STEVEN
CAREY, KAZUKO
ADDRESS : 13024 SW BROADMOOR PLACE
MORTGAGE AMT: 298,000.00 CITY TIGARD
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 OR 97223
UNPAID BALANCE: 298,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,957.65 ANNUAL RATE ADJUST: 0.000
LTV : 73.58000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104557 MORTGAGORS: ESTOESTA, ARTURO
ESTOESTA, MARCELINA
ADDRESS : 1750 FANWOOD COURT
MORTGAGE AMT: 298,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95133
UNPAID BALANCE: 298,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,032.89 ANNUAL RATE ADJUST: 0.000
LTV : 78.42000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104565 MORTGAGORS: LEVACO, RONALD
LEVACO, ROZLYN LASH
ADDRESS : 7777 MILL CREEK ROAD
MORTGAGE AMT: 300,000.00 CITY HEALDSBURG
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95448
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,046.53 ANNUAL RATE ADJUST: 0.000
LTV : 56.60000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104573 MORTGAGORS: RYAN, SEAN
RYAN, LINDSAY
ADDRESS : 1915 FALMOUTH DRIVE
MORTGAGE AMT: 300,000.00 CITY GREENSBORO
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NC 27410
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 58.82000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104581 MORTGAGORS: SCHOEFFEL, BARBARA
SWERINGEN, JILL
ADDRESS : 43 GAVIOTA WAY
MORTGAGE AMT: 300,000.00 CITY SAN FRANCISCO
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94127
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,097.64 ANNUAL RATE ADJUST: 0.000
LTV : 73.17000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104607 MORTGAGORS: BOND, JAMES
BOND, BRENDA
ADDRESS : 5095 PARKRIDGE COURT
MORTGAGE AMT: 300,000.00 CITY OVIEDO
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 FL 32765
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,896.20 ANNUAL RATE ADJUST: 0.000
LTV : 68.97000 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104615 MORTGAGORS: AMBLER, EDWARD CAREY
AMBLER, LAURA
ADDRESS : 27603 PARKWAY ROAD
MORTGAGE AMT: 300,000.00 CITY EASTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 21601
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,046.53 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104623 MORTGAGORS: THAGARD, LEONARD
THAGARD, DONNA
ADDRESS : 4201 BERRY D. SIMS WYND
MORTGAGE AMT: 300,000.00 CITY RALEIGH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NC 27612
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 76.98000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104631 MORTGAGORS: BISHEL, DONALD
BISHEL, SLOAN
ADDRESS : 9728 THUNDERBIRD DRIVE
MORTGAGE AMT: 300,000.00 CITY SAN RAMON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94583
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,021.16 ANNUAL RATE ADJUST: 0.000
LTV : 77.92000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104656 MORTGAGORS: GOLDSTEIN, RICHARD
PERRIZO, ROSE
ADDRESS : 99 GLENDALE ROAD
MORTGAGE AMT: 300,000.00 CITY SHARON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MA 02067
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,046.53 ANNUAL RATE ADJUST: 0.000
LTV : 78.95000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104664 MORTGAGORS: FERRUGGIARO, ALFRED
BONNER-FERRUGGIARO, EILEEN
ADDRESS : 3201 BELLE COTE DRIVE
MORTGAGE AMT: 300,000.00 CITY BURTONSVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 MD 20866
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,097.64 ANNUAL RATE ADJUST: 0.000
LTV : 78.95000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104672 MORTGAGORS: CAO, KHANH
HUYNH, MAI\
ADDRESS : 9458 WOODED GLEN AVENUE
MORTGAGE AMT: 300,000.00 CITY BURKE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 VA 22015
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 79.16000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104680 MORTGAGORS: BENNAGE, MICHAEL E
BENNAGE, JANE C
ADDRESS : 306 COUNTRY CLUB ROAD
MORTGAGE AMT: 300,000.00 CITY WEST MEMPHIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 AR 72301
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104698 MORTGAGORS: SCHWAI, BRADLEY
SCHWAI, DANA
ADDRESS : 580 PLEASANT
MORTGAGE AMT: 300,000.00 CITY HIGHLAND PARK
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60035
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,021.16 ANNUAL RATE ADJUST: 0.000
LTV : 89.55000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104714 MORTGAGORS: DUARTE, CARLOS
DUARTE, GLORIA
ADDRESS : 9086 CALADIUM AVENUE
MORTGAGE AMT: 304,000.00 CITY FOUNTAIN VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92708
UNPAID BALANCE: 304,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,125.61 ANNUAL RATE ADJUST: 0.000
LTV : 78.96000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104722 MORTGAGORS: AUGENSTEIN, CHRIS
AUGENSTEIN, RENEE
ADDRESS : 980 WHISPERING PINES DRIV
MORTGAGE AMT: 304,000.00 CITY SCOTTS VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95066
UNPAID BALANCE: 304,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,022.52 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104748 MORTGAGORS: DUNLAP, MICHAELE
ADDRESS : 17750 LEAFY LANE
MORTGAGE AMT: 305,000.00 CITY LAKE OSWEGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 OR 97034
UNPAID BALANCE: 305,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,054.84 ANNUAL RATE ADJUST: 0.000
LTV : 73.49000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104755 MORTGAGORS: GEORGE, CHARLES
GEORGE, ROBIN
ADDRESS : 10 WHITE ALDER
MORTGAGE AMT: 305,550.00 CITY LITTLETON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80127
UNPAID BALANCE: 305,299.530 OPTION TO CONVERT : No
MONTHLY P&I: 2,032.83 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104789 MORTGAGORS: SWEETIN, GREGORY
SWEETIN, KELLY
ADDRESS : 6675 RIVERSIDE DRIVE NW
MORTGAGE AMT: 307,500.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30328
UNPAID BALANCE: 307,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,045.81 ANNUAL RATE ADJUST: 0.000
LTV : 78.85000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104797 MORTGAGORS: DEFABRITUS, RICHARD
DEFABRITUS, YVETTE
ADDRESS : 6 ENGLISH PATH
MORTGAGE AMT: 310,000.00 CITY FREEHOLD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07728
UNPAID BALANCE: 310,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,114.75 ANNUAL RATE ADJUST: 0.000
LTV : 81.75000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104805 MORTGAGORS: RINGEL, MARCIA
ADDRESS : 885 COLD HARBOR DRIVE
MORTGAGE AMT: 310,400.00 CITY ROSWELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30075
UNPAID BALANCE: 310,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,065.10 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104813 MORTGAGORS: BUSER, JOSEPH
BUSER, TERESA
ADDRESS : 13645 SMOKEY RIDGE PLACE
MORTGAGE AMT: 311,900.00 CITY CARMEL
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 IN 46033
UNPAID BALANCE: 311,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,048.96 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104821 MORTGAGORS: CHRISTAKIS, DIMITRI
ZERR, DANIELLE
ADDRESS : 6218 51ST AVENUE NORTHEAS
MORTGAGE AMT: 312,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WA 98115
UNPAID BALANCE: 312,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,102.00 ANNUAL RATE ADJUST: 0.000
LTV : 70.91000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104839 MORTGAGORS: RAFIGH, MOHAMMAD ALI
ADDRESS : 984 REDBERRY LANE
MORTGAGE AMT: 312,000.00 CITY GREAT FALLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 VA 22066
UNPAID BALANCE: 312,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,208.32 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104847 MORTGAGORS: ERDMAN, JEFFREY
ERDMAN, MARY
ADDRESS : 11933 SE MASA LANE
MORTGAGE AMT: 313,000.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 OR 97236
UNPAID BALANCE: 313,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,108.74 ANNUAL RATE ADJUST: 0.000
LTV : 76.53000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104854 MORTGAGORS: BRIGGS, ROGER
BRIGGS, E
ADDRESS : 248 PLEASANT AVENUE
MORTGAGE AMT: 315,000.00 CITY SANTA ROSA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 95403
UNPAID BALANCE: 315,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,069.33 ANNUAL RATE ADJUST: 0.000
LTV : 59.43000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104862 MORTGAGORS: SEAL, ROBERT
ADDRESS : 1845 CRYSTAL SPRINGS LANE
MORTGAGE AMT: 315,000.00 CITY FAIRFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IA 52556
UNPAID BALANCE: 315,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,095.70 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104870 MORTGAGORS: BROWNE, MARK
BROWNE, DIANA NALL
ADDRESS : 2073 NORTH CATALINA STREE
MORTGAGE AMT: 316,200.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90027
UNPAID BALANCE: 316,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,103.69 ANNUAL RATE ADJUST: 0.000
LTV : 74.40000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104888 MORTGAGORS: RYLL, RONALD
ADDRESS : 1016 LENOX CREST
MORTGAGE AMT: 319,200.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30324
UNPAID BALANCE: 319,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,123.65 ANNUAL RATE ADJUST: 0.000
LTV : 79.80000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104896 MORTGAGORS: DIEHL, FRED
DIEHL, L
ADDRESS : 16125 446TH AVENUE S.E.
MORTGAGE AMT: 319,900.00 CITY NORTH BEND
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WA 98045
UNPAID BALANCE: 319,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,182.28 ANNUAL RATE ADJUST: 0.000
LTV : 79.98000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104904 MORTGAGORS: KENT, DAVID
KENT, BRENDA
ADDRESS : 2617 SIERRA DEL LEON
MORTGAGE AMT: 320,000.00 CITY CORONA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91720
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,102.17 ANNUAL RATE ADJUST: 0.000
LTV : 63.37000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104912 MORTGAGORS: FELDMAN, RICHARD
FELDMAN, DENISE
ADDRESS : 636 BROWN STREET
MORTGAGE AMT: 336,000.00 CITY HEALDSBURG
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95448
UNPAID BALANCE: 336,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,292.12 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104920 MORTGAGORS: YOSCAK,, JOHN
YOSCAK, HELEN
ADDRESS : 21004 GOLF ESTATES DRIVE
MORTGAGE AMT: 320,000.00 CITY LAYTONSVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MD 20882
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,155.90 ANNUAL RATE ADJUST: 0.000
LTV : 77.11000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104938 MORTGAGORS: TURNER,, JAMES
TURNER, MICHELLE
ADDRESS : 5571 SAN JOSE DRIVE
MORTGAGE AMT: 320,000.00 CITY PLEASANTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94566
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,128.97 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104953 MORTGAGORS: LAWSON, DAVID
LAWSON, VOLA
ADDRESS : 1111 BAYLISS DRIVE
MORTGAGE AMT: 320,000.00 CITY ALEXANDRIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 VA 22302
UNPAID BALANCE: 320,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,264.94 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104979 MORTGAGORS: CONTRERAS, DOUGLAS
CONTRERAS, JOANNE
ADDRESS : 249 SMULL AVENUE
MORTGAGE AMT: 323,000.00 CITY NORTH CALDWELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 07006
UNPAID BALANCE: 323,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,504.22 ANNUAL RATE ADJUST: 0.000
LTV : 75.12000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/19
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104987 MORTGAGORS: HOYT, JAMES
HOYT, BARBARA
ADDRESS : 19720 POLEHN DRIVE
MORTGAGE AMT: 324,000.00 CITY OREGON CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 OR 97045
UNPAID BALANCE: 324,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,237.79 ANNUAL RATE ADJUST: 0.000
LTV : 66.80000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080104995 MORTGAGORS: MCDONALD, DENISE
ADDRESS : 660 OAK BRIDGE TRAIL
MORTGAGE AMT: 324,000.00 CITY ALPHARETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30022
UNPAID BALANCE: 324,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,155.58 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105000 MORTGAGORS: QUILLMAN, BARD
QUILLMAN, NANCY J
ADDRESS : 201 WATERBURY CIRCLE
MORTGAGE AMT: 325,000.00 CITY FRANKLIN
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 TN 37064
UNPAID BALANCE: 325,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,135.02 ANNUAL RATE ADJUST: 0.000
LTV : 72.09000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105034 MORTGAGORS: LEE, STEPHEN
LEE, MARY JO
ADDRESS : 1820 STEPSTONE COURT
MORTGAGE AMT: 327,520.00 CITY LAWRENCEVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 GA 30043
UNPAID BALANCE: 327,520.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,206.56 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105042 MORTGAGORS: DELAPERRIERE, DARREN
DELAPERRIERE, KELLEY
ADDRESS : 15785 WESTBROOK ROAD
MORTGAGE AMT: 330,000.00 CITY ALPHARETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30004
UNPAID BALANCE: 330,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,195.50 ANNUAL RATE ADJUST: 0.000
LTV : 44.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105067 MORTGAGORS: JONES, ROBIN LEE
ALEXANDER JONES, STEPHANIE
ADDRESS : 21415 MANOR VIEW CIRCLE
MORTGAGE AMT: 331,500.00 CITY GERMANTOWN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 20876
UNPAID BALANCE: 331,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,261.41 ANNUAL RATE ADJUST: 0.000
LTV : 89.59000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105075 MORTGAGORS: DEARBORN, RYAN
DEARBORN, AMANDA
ADDRESS : 555 BLACK WATER COVE
MORTGAGE AMT: 333,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30328
UNPAID BALANCE: 333,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,215.46 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105083 MORTGAGORS: FISHER, SPENCER
FISHER, NANCY
ADDRESS : 10839 MOORE DRIVE
MORTGAGE AMT: 334,000.00 CITY MANASSAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 20111
UNPAID BALANCE: 334,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,278.47 ANNUAL RATE ADJUST: 0.000
LTV : 74.22000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105091 MORTGAGORS: ANDREWS, DONALD
ANDREWS, CAROL
ADDRESS : 475 WHITTER LANE
MORTGAGE AMT: 334,000.00 CITY NORTHFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 IL 60093
UNPAID BALANCE: 334,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,306.85 ANNUAL RATE ADJUST: 0.000
LTV : 75.91000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105109 MORTGAGORS: MONTROSE, DOUGLAS
MONTROSE, JULIE
ADDRESS : 32 WEST 181 WILLOUGHBY
MORTGAGE AMT: 335,000.00 CITY NAPERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60563
UNPAID BALANCE: 335,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,228.76 ANNUAL RATE ADJUST: 0.000
LTV : 67.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105117 MORTGAGORS: schulman, richard
SCHULMAN, SHARON
ADDRESS : 2464 PALISADES CREST DRIV
MORTGAGE AMT: 335,000.00 CITY LAKE OSWEGO
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 OR 97034
UNPAID BALANCE: 335,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,172.80 ANNUAL RATE ADJUST: 0.000
LTV : 72.98000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105125 MORTGAGORS: KIRK, LOUIS WINFIELD
KIRK, TRICIA GIFFORD
ADDRESS : 810 RICHARDSON DRIVE
MORTGAGE AMT: 336,000.00 CITY HARWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 MD 20776
UNPAID BALANCE: 335,710.710 OPTION TO CONVERT : No
MONTHLY P&I: 2,179.29 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105133 MORTGAGORS: STRZEMP, JOSEPH
STRZEMP, MOLLY
ADDRESS : 2378 MEADOWLARK DRIVE
MORTGAGE AMT: 336,000.00 CITY PLEASANTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94566
UNPAID BALANCE: 336,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,235.42 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105141 MORTGAGORS: EBERLE, RICHARD
RIEHL-EBERLE, LOIS
ADDRESS : 4720 154TH PLACE SOUTHEAS
MORTGAGE AMT: 336,000.00 CITY BELLEVUE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 WA 98006
UNPAID BALANCE: 336,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,349.36 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105158 MORTGAGORS: MERTENS, JOHN
MERTENS, JOANNE
ADDRESS : 8750 ASH HILL COURT
MORTGAGE AMT: 339,000.00 CITY ORANGEVALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 95662
UNPAID BALANCE: 339,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,399.42 ANNUAL RATE ADJUST: 0.000
LTV : 80.71000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105182 MORTGAGORS: GONDA, MARK
BIALE-GONDA, KRISTIN
ADDRESS : 28221 RANCHO GRANDE
MORTGAGE AMT: 342,300.00 CITY LAGUNA NIGUEL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92677
UNPAID BALANCE: 342,300.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,277.33 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105190 MORTGAGORS: MCGILL, HONG
MCGILL, MARIA
ADDRESS : 13404 HADDONFIELD LANE
MORTGAGE AMT: 344,000.00 CITY GAITHERSBURG
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 20878
UNPAID BALANCE: 344,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,288.64 ANNUAL RATE ADJUST: 0.000
LTV : 79.63000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105216 MORTGAGORS: MENDELSON, AVISHAI
MENDELSON, OSNAT
ADDRESS : 7689 BOLD LAD ROAD
MORTGAGE AMT: 344,000.00 CITY PALM BEACH GARDENS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 FL 33418
UNPAID BALANCE: 344,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,346.69 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105232 MORTGAGORS: MOORE, RICHARD
MOORE, KIMBERLY
ADDRESS : 11408 NORTHEAST 97TH STRE
MORTGAGE AMT: 347,000.00 CITY KIRKLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WA 98033
UNPAID BALANCE: 347,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,367.15 ANNUAL RATE ADJUST: 0.000
LTV : 74.62000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105240 MORTGAGORS: KING, THOMAS
TOKUNAGA-KING, JULIA
ADDRESS : 13035C 42ND AVENUE NORTHE
MORTGAGE AMT: 347,500.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 WA 98125
UNPAID BALANCE: 347,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,341.17 ANNUAL RATE ADJUST: 0.000
LTV : 67.15000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105257 MORTGAGORS: RAMSEY, JOHN
RAMSEY, JERRILYN
ADDRESS : 12734 DEVON LANE
MORTGAGE AMT: 348,000.00 CITY CARMEL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IN 46032
UNPAID BALANCE: 347,714.750 OPTION TO CONVERT : No
MONTHLY P&I: 2,315.25 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105265 MORTGAGORS: LASKY, RONALD
LASKY, KAREN
ADDRESS : 26 HOWE STREET
MORTGAGE AMT: 348,000.00 CITY MEDWAY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MA 02053
UNPAID BALANCE: 347,615.480 OPTION TO CONVERT : No
MONTHLY P&I: 2,315.25 ANNUAL RATE ADJUST: 0.000
LTV : 83.65000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105273 MORTGAGORS: HINCKLEY, BRADFORD
HINCKLEY, SUSAN
ADDRESS : 19084 RED HAWK WAY
MORTGAGE AMT: 348,350.00 CITY SALINAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 93908
UNPAID BALANCE: 348,350.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,405.97 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105281 MORTGAGORS: SULLIVAN, JOHN
SULLIVAN, SALLY
ADDRESS : 1076 BOMBAY WAY
MORTGAGE AMT: 350,000.00 CITY PALATINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60067
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,473.73 ANNUAL RATE ADJUST: 0.000
LTV : 76.92000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/24
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105307 MORTGAGORS: DAVIS, MICHAEL
DAVIS, SALLY
ADDRESS : 2928 VIA ASOLEADO
MORTGAGE AMT: 350,000.00 CITY ALPINE AREA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91901
UNPAID BALANCE: 349,714.590 OPTION TO CONVERT : No
MONTHLY P&I: 2,387.62 ANNUAL RATE ADJUST: 0.000
LTV : 69.31000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105315 MORTGAGORS: HANNAH, DAVID
HANNAH, MARTHA
ADDRESS : 14245 212TH DRIVE N.E.
MORTGAGE AMT: 350,000.00 CITY WOODINVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98072
UNPAID BALANCE: 349,424.540 OPTION TO CONVERT : No
MONTHLY P&I: 2,328.56 ANNUAL RATE ADJUST: 0.000
LTV : 67.31000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105323 MORTGAGORS: PAULSON, TERENCE
PAULSON, LISA MARIE
ADDRESS : 19222 JASPER HILL ROAD
MORTGAGE AMT: 350,000.00 CITY TRABUCO CANYON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92679
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,358.01 ANNUAL RATE ADJUST: 0.000
LTV : 72.92000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105331 MORTGAGORS: GANDHI, ATUL
GANDHI, ILA
ADDRESS : 827 LOCKWOOD
MORTGAGE AMT: 350,000.00 CITY NAPERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 IL 60563
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,299.25 ANNUAL RATE ADJUST: 0.000
LTV : 81.40000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105349 MORTGAGORS: BITTERS, CHRISTIAN
BITTERS, JANINE
ADDRESS : 42 SUTTON ROAD
MORTGAGE AMT: 352,600.00 CITY TEWKSBURY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 08833
UNPAID BALANCE: 352,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,345.86 ANNUAL RATE ADJUST: 0.000
LTV : 75.83000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105356 MORTGAGORS: GIORDANO, RONALD
DELLAS-GIORDANO, KIM MARIE
ADDRESS : 4049 BAYSHORE ROAD
MORTGAGE AMT: 352,800.00 CITY CAPE MAY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 08204
UNPAID BALANCE: 352,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,376.88 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105364 MORTGAGORS: DROUKAS, CHARLES
DROUKAS, MARILYN
ADDRESS : 24837 NORTHEAST 3RD PLACE
MORTGAGE AMT: 354,550.00 CITY REDMOND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98053
UNPAID BALANCE: 354,550.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,358.83 ANNUAL RATE ADJUST: 0.000
LTV : 89.99000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105372 MORTGAGORS: GRANT, GARY
ADDRESS : 4215 BITTERNUT TRAIL
MORTGAGE AMT: 354,800.00 CITY GREENSBORO
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NC 27410
UNPAID BALANCE: 354,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,360.49 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105380 MORTGAGORS: STEFFEK, MARK
STEFFEK, HEIDI
ADDRESS : 1061 TUSCANY PLACE
MORTGAGE AMT: 355,500.00 CITY WINTER PARK
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 FL 32789
UNPAID BALANCE: 355,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,425.14 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105406 MORTGAGORS: GENTRY, CHARLES
GENTRY, LINDA
ADDRESS : 2103 MEADOWBROOK
MORTGAGE AMT: 356,000.00 CITY AUSTIN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 TX 78703
UNPAID BALANCE: 356,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,368.48 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105414 MORTGAGORS: MAC DONALD, CHRISTOPHER
MAC DONALD, ANN
ADDRESS : 723 NEWPORT CIRCLE
MORTGAGE AMT: 356,000.00 CITY REDWOOD CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94065
UNPAID BALANCE: 356,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,458.80 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105422 MORTGAGORS: E NOREN, ANNIKA
KESSLER, SCOTT
ADDRESS : 5 HARVARD DRIVE
MORTGAGE AMT: 357,000.00 CITY SUDBURY
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 01776
UNPAID BALANCE: 357,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,405.18 ANNUAL RATE ADJUST: 0.000
LTV : 69.32000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105430 MORTGAGORS: WRAY, MICHAEL
WRAY, CHARLOTTE
ADDRESS : 1223 WEST FLETCHER
MORTGAGE AMT: 360,000.00 CITY CHICAGO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60657
UNPAID BALANCE: 360,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,425.39 ANNUAL RATE ADJUST: 0.000
LTV : 56.25000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105448 MORTGAGORS: CAHN, DAVID
RUDOLPH, DEBORAH
ADDRESS : 7 STONE CREEK LANE
MORTGAGE AMT: 360,000.00 CITY WHITEHOUSE STATION
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 NJ 08889
UNPAID BALANCE: 360,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,334.95 ANNUAL RATE ADJUST: 0.000
LTV : 79.12000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105455 MORTGAGORS: HARDING, TY
HARDING, NORA
ADDRESS : 3640 SHADOW GROVE ROAD
MORTGAGE AMT: 360,000.00 CITY PASADENA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91107
UNPAID BALANCE: 360,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,425.39 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105463 MORTGAGORS: CLARK, RICHARD
CLARK, CORINA
ADDRESS : 1693 HYDE DRIVE
MORTGAGE AMT: 360,000.00 CITY CAMPBELL
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 95008
UNPAID BALANCE: 360,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,548.06 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105489 MORTGAGORS: SHANNON, SCOTT
SHANNON, SUSAN
ADDRESS : 3056 HINKLEY DRIVE
MORTGAGE AMT: 361,900.00 CITY FORT COLLINS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CO 80524
UNPAID BALANCE: 361,900.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,438.19 ANNUAL RATE ADJUST: 0.000
LTV : 70.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105497 MORTGAGORS: WILLIAMS, PAUL
WILLIAMS, ANGELA
ADDRESS : 11111 WINDJAMMER DRIVE
MORTGAGE AMT: 363,500.00 CITY FRISCO
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 TX 75034
UNPAID BALANCE: 363,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,387.94 ANNUAL RATE ADJUST: 0.000
LTV : 79.02000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105513 MORTGAGORS: TRAN, TRI
TRAN, KOOI
ADDRESS : 3809 HILLSIDE AVENUE
MORTGAGE AMT: 366,350.00 CITY LIVERMORE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94550
UNPAID BALANCE: 366,350.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,561.57 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105521 MORTGAGORS: JAFFE, SCOTT
ADDRESS : 208 WHITCOMB LANE
MORTGAGE AMT: 367,200.00 CITY CARY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NC 27511
UNPAID BALANCE: 367,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,442.99 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105539 MORTGAGORS: RAU, DAVID
ADDRESS : 218 GOODALE ROAD
MORTGAGE AMT: 368,000.00 CITY BALTIMORE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 21212
UNPAID BALANCE: 368,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,510.41 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105547 MORTGAGORS: FARWELL, JAMES
FARWELL, CORI
ADDRESS : 105 KRISTIN LANE
MORTGAGE AMT: 370,000.00 CITY ORINDA
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 CA 94563
UNPAID BALANCE: 370,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,338.65 ANNUAL RATE ADJUST: 0.000
LTV : 55.22000 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105554 MORTGAGORS: FAIYAZ, UNNISSA
ADDRESS : 219 SMOKERISE TRACE
MORTGAGE AMT: 370,000.00 CITY PEACHTREE CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30269
UNPAID BALANCE: 370,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,461.62 ANNUAL RATE ADJUST: 0.000
LTV : 65.03000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105562 MORTGAGORS: CREEDON, BARTHOLOMEW
ADDRESS : 105 WELLINGTON AVENUE
MORTGAGE AMT: 370,000.00 CITY SHORT HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 07078
UNPAID BALANCE: 370,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,461.62 ANNUAL RATE ADJUST: 0.000
LTV : 74.60000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105588 MORTGAGORS: WRIGHT, DON
WRIGHT, PATRICIA
ADDRESS : 615 SOUTH HERON RUN CT.
MORTGAGE AMT: 371,550.00 CITY ALPHARETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30004
UNPAID BALANCE: 371,550.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,471.93 ANNUAL RATE ADJUST: 0.000
LTV : 79.99000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105596 MORTGAGORS: PUTNAM, SHAWN
DERR, KATHY
ADDRESS : LOT #31 BOOTJACK DRIVE
MORTGAGE AMT: 372,000.00 CITY FREDERICK
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MD 21702
UNPAID BALANCE: 372,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,569.31 ANNUAL RATE ADJUST: 0.000
LTV : 64.70000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105604 MORTGAGORS: HAMMER, DAVID
HAMMER, LINETTE
ADDRESS : 2470 MARK WEST SPRINGS RO
MORTGAGE AMT: 375,000.00 CITY SANTA ROSA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 95404
UNPAID BALANCE: 375,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,463.48 ANNUAL RATE ADJUST: 0.000
LTV : 53.57000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105612 MORTGAGORS: HILL, TERRIE
ADDRESS : 85 VIA SONRISA
MORTGAGE AMT: 377,250.00 CITY SAN CLEMENTE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92673
UNPAID BALANCE: 377,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,478.26 ANNUAL RATE ADJUST: 0.000
LTV : 89.99000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105620 MORTGAGORS: DONOVAN, MATTHEW
DONOVAN, DORIS
ADDRESS : 45712 SOUTHEAST 138TH COU
MORTGAGE AMT: 378,000.00 CITY NORTH BEND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98045
UNPAID BALANCE: 378,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,514.84 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105638 MORTGAGORS: EPSTEIN, LAURENCE
EPSTEIN, ELAINE
ADDRESS : 25 TUBWRECK DRIVE
MORTGAGE AMT: 379,000.00 CITY MEDFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MA 02052
UNPAID BALANCE: 379,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,553.39 ANNUAL RATE ADJUST: 0.000
LTV : 78.96000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105646 MORTGAGORS: GAMPPER, CLOYD JOSEPH
GAMPPER-LANTZ, MARIJKE
ADDRESS : 4526 KELSEY ROAD
MORTGAGE AMT: 380,000.00 CITY DALLAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 TX 75229
UNPAID BALANCE: 380,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,560.13 ANNUAL RATE ADJUST: 0.000
LTV : 63.33000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105679 MORTGAGORS: CUNARD, FRANK
CUNARD, SHARON
ADDRESS : 18885 MOUNT CASTILE CIRCL
MORTGAGE AMT: 380,000.00 CITY FOUNTAIN VALLEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92708
UNPAID BALANCE: 380,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,528.15 ANNUAL RATE ADJUST: 0.000
LTV : 74.51000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105687 MORTGAGORS: HAWKINS, KENNETH
HAWKINS, JUDY
ADDRESS : 9152 JONES COURT
MORTGAGE AMT: 380,000.00 CITY BRENTWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 TN 37027
UNPAID BALANCE: 380,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,657.02 ANNUAL RATE ADJUST: 0.000
LTV : 77.08000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105695 MORTGAGORS: PRESLEY, KEITH
ADDRESS : 28 PALM BOULEVARD
MORTGAGE AMT: 384,000.00 CITY MISSOURI CITY
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 TX 77459
UNPAID BALANCE: 384,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,717.93 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105703 MORTGAGORS: WRIGHT, MARES
ADDRESS : 24777 NORTH 87TH STREET
MORTGAGE AMT: 384,800.00 CITY SCOTTSDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 AZ 85255
UNPAID BALANCE: 384,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,592.47 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105729 MORTGAGORS: JENKINS, ROBIN
JENKINS, SANDRA
ADDRESS : 1175 SOUTH SUMMER BREEZE
MORTGAGE AMT: 388,000.00 CITY ANAHEIM
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92808
UNPAID BALANCE: 388,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,581.37 ANNUAL RATE ADJUST: 0.000
LTV : 79.51000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105737 MORTGAGORS: BRADY, ERIK
STEVENS, CAROL
ADDRESS : 3507 NORTH OHIO STREET
MORTGAGE AMT: 393,000.00 CITY ARLINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 VA 22207
UNPAID BALANCE: 393,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,581.73 ANNUAL RATE ADJUST: 0.000
LTV : 66.27000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105745 MORTGAGORS: HAN, JAMES
ADDRESS : 3821 NOTTINGHAM DR
MORTGAGE AMT: 396,000.00 CITY LONG GROVE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 IL 60047
UNPAID BALANCE: 396,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,667.93 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105752 MORTGAGORS: LIU, NAM-DAR
TJANDRA, MURNIATY
ADDRESS : 5504 EASTERLY ROAD
MORTGAGE AMT: 397,000.00 CITY AGOURA HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91301
UNPAID BALANCE: 397,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,708.24 ANNUAL RATE ADJUST: 0.000
LTV : 68.45000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105778 MORTGAGORS: BUTTE, DONALD
BUTTE, HELENE
ADDRESS : 27257 ARROWHEAD TRAIL
MORTGAGE AMT: 400,000.00 CITY EASTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MD 21601
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,694.87 ANNUAL RATE ADJUST: 0.000
LTV : 42.55000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105786 MORTGAGORS: STEVENS, WILLIAM
STEVENS, SUSAN
ADDRESS : 4422 SW FAIRVIEW BOULEVAR
MORTGAGE AMT: 400,000.00 CITY PORTLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 OR 97221
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,661.21 ANNUAL RATE ADJUST: 0.000
LTV : 52.98000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105794 MORTGAGORS: ALIJANI, MOHAMMAD RASOOL
ALIJANI, MIRSAKINEH
ADDRESS : 5904 TANGLEWOOD DRIVE
MORTGAGE AMT: 400,000.00 CITY BETHESDA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MD 20817
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,627.72 ANNUAL RATE ADJUST: 0.000
LTV : 66.23000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105802 MORTGAGORS: BLUE, KENNETH
BLUE, MICHELLE
ADDRESS : 19025 NORTHEAST 151ST
MORTGAGE AMT: 400,000.00 CITY WOODINVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 WA 98072
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,627.72 ANNUAL RATE ADJUST: 0.000
LTV : 68.97000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105810 MORTGAGORS: ROSIER, R.
ADDRESS : 89 MAIN STREET
MORTGAGE AMT: 400,000.00 CITY SOUTHBORO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MA 01772
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,762.70 ANNUAL RATE ADJUST: 0.000
LTV : 69.57000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105828 MORTGAGORS: ISOLA, ROBERT
ISOLA, RENEE
ADDRESS : 816 PALOMA AVENUE
MORTGAGE AMT: 400,000.00 CITY BURLINGAME
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 94010
UNPAID BALANCE: 399,651.170 OPTION TO CONVERT : No
MONTHLY P&I: 2,831.17 ANNUAL RATE ADJUST: 0.000
LTV : 75.47000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105844 MORTGAGORS: GOULD, DAVID
LANCI, STEPHANIE
ADDRESS : 4106 BUCKINGHAM PLACE
MORTGAGE AMT: 400,000.00 CITY COLLEYVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 TX 76034
UNPAID BALANCE: 399,341.540 OPTION TO CONVERT : No
MONTHLY P&I: 2,661.21 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105851 MORTGAGORS: SELE, TIMOTHY
POCOCK, MERI CHRISTINE
ADDRESS : 16791 PHELPS LANE
MORTGAGE AMT: 400,000.00 CITY HUNTINGTON BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92649
UNPAID BALANCE: 400,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,661.21 ANNUAL RATE ADJUST: 0.000
LTV : 89.89000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105869 MORTGAGORS: FULLER, H
FULLER, DIANA
ADDRESS : 22402 ROSEBRIAR
MORTGAGE AMT: 404,000.00 CITY MISSION VIEJO
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92692
UNPAID BALANCE: 404,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,687.82 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105885 MORTGAGORS: SELZER, DAVID KARL
SHARP, DEBORAH JEAN
ADDRESS : 2113 EAST RANCH ROAD
MORTGAGE AMT: 408,000.00 CITY TEMPE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 AZ 85284
UNPAID BALANCE: 408,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,714.43 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105893 MORTGAGORS: AUDET, DAVID
AUDET, CHRISTY
ADDRESS : 28402 CALLE PINATA
MORTGAGE AMT: 409,000.00 CITY SAN JUAN CAPISTRANO
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92675
UNPAID BALANCE: 409,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,721.09 ANNUAL RATE ADJUST: 0.000
LTV : 78.65000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105901 MORTGAGORS: SILVERS, MARC
ADDRESS : 9004 GOSHEN VALLEY DRIVE
MORTGAGE AMT: 410,000.00 CITY GAITHERSBURG
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MD 20882
UNPAID BALANCE: 410,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,693.41 ANNUAL RATE ADJUST: 0.000
LTV : 79.61000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105919 MORTGAGORS: STEWART,, EDMUNDE
STEWART, NORMA
ADDRESS : 21086 ST LOUIS ROAD
MORTGAGE AMT: 412,000.00 CITY MIDDLEBURG
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 VA 20117
UNPAID BALANCE: 411,662.280 OPTION TO CONVERT : No
MONTHLY P&I: 2,741.05 ANNUAL RATE ADJUST: 0.000
LTV : 74.91000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105927 MORTGAGORS: MARCHIONI, JOHN
MARCHIONI, AMY
ADDRESS : 1591 PARKVIEW DRIVE
MORTGAGE AMT: 412,000.00 CITY VISTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92083
UNPAID BALANCE: 412,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,845.58 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105935 MORTGAGORS: AMPUDIA, DEBORAH
AMPUDIA, RUDY
ADDRESS : 241 NORTH LONE HILL AVENU
MORTGAGE AMT: 413,600.00 CITY GLENDORA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91741
UNPAID BALANCE: 413,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,786.50 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105943 MORTGAGORS: L.OWEN, REBECCA
SPENCER, ROBERT
ADDRESS : 9436 HOLBROOK LANE
MORTGAGE AMT: 414,800.00 CITY POTOMAC
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 20854
UNPAID BALANCE: 414,476.410 OPTION TO CONVERT : No
MONTHLY P&I: 2,829.67 ANNUAL RATE ADJUST: 0.000
LTV : 79.01000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105950 MORTGAGORS: LEONARD, MICHAEL
ADDRESS : 5042 GALWAY CIRCLE
MORTGAGE AMT: 261,900.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92649
UNPAID BALANCE: 261,690.560 OPTION TO CONVERT : No
MONTHLY P&I: 1,764.47 ANNUAL RATE ADJUST: 0.000
LTV : 94.99387 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105968 MORTGAGORS: NEUMEIER, YEDIDIA
NEUMEIER, GALINA
ADDRESS : 2132 BOGANS LAKE PASS
MORTGAGE AMT: 416,000.00 CITY DUNWOODY
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 GA 30338
UNPAID BALANCE: 416,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,732.82 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105976 MORTGAGORS: SMITH, BRADFORD
SMITH, SHARON
ADDRESS : 4801 SOUTH BUTTERFIELD PL
MORTGAGE AMT: 419,700.00 CITY BATTLEFIELD
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MO 65619
UNPAID BALANCE: 419,700.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,820.93 ANNUAL RATE ADJUST: 0.000
LTV : 74.95000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105984 MORTGAGORS: PALEY, JONATHAN
PALEY, PAMELA
ADDRESS : 4817 NE 41ST STREET
MORTGAGE AMT: 420,000.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98105
UNPAID BALANCE: 420,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,794.27 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080105992 MORTGAGORS: WYRSCH, MARTHA
WYRSCH, GERARD
ADDRESS : 4081 SOUTH DAHLIA STREET
MORTGAGE AMT: 420,000.00 CITY ENGLEWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CO 80110
UNPAID BALANCE: 419,688.300 OPTION TO CONVERT : No
MONTHLY P&I: 2,936.70 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106008 MORTGAGORS: DERITIS, GREGG
DERITIS, JULIE
ADDRESS : 3731 WEST COMMODORE WAY
MORTGAGE AMT: 420,750.00 CITY SEATTLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 WA 98199
UNPAID BALANCE: 420,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,764.03 ANNUAL RATE ADJUST: 0.000
LTV : 85.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106016 MORTGAGORS: EDWARDS, STEPHEN
EDWARDS, PATTI
ADDRESS : 626 ABBIE STREET
MORTGAGE AMT: 424,000.00 CITY PLEASANTON
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94566
UNPAID BALANCE: 424,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,785.38 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106024 MORTGAGORS: CHEHAB, SAID EMILE
ADDRESS : 241 WEST ENID DRIVE
MORTGAGE AMT: 426,500.00 CITY KEY BISCAYNE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 FL 33149
UNPAID BALANCE: 426,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,909.48 ANNUAL RATE ADJUST: 0.000
LTV : 72.91000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106032 MORTGAGORS: HEHMANN, ROBERT
TRAN, LOAN
ADDRESS : 4295 KINGSVIEW ROAD
MORTGAGE AMT: 428,000.00 CITY MOORPARK
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 93021
UNPAID BALANCE: 428,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,847.49 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106040 MORTGAGORS: SALTMARSH, F
ADDRESS : 2385 CHRISTOPHERS WALK
MORTGAGE AMT: 428,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 GA 30327
UNPAID BALANCE: 428,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,883.52 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106057 MORTGAGORS: KAPANY, BALBIR
KAPANY, HARMOHAN
ADDRESS : 88 MOORE STREET
MORTGAGE AMT: 430,000.00 CITY PRINCETON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 08540
UNPAID BALANCE: 430,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,896.99 ANNUAL RATE ADJUST: 0.000
LTV : 74.78000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106065 MORTGAGORS: KALMBACH, KURT
KALMBACH, BARBARA
ADDRESS : 16 MAIDSTONE
MORTGAGE AMT: 430,000.00 CITY COTO DE CAZA AREA
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 92679
UNPAID BALANCE: 430,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,043.51 ANNUAL RATE ADJUST: 0.000
LTV : 78.90000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106073 MORTGAGORS: HICKEY, WARNER
BEARD, LAURA
ADDRESS : 503 FILLMORE STREET
MORTGAGE AMT: 431,200.00 CITY DENVER
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80206
UNPAID BALANCE: 431,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,868.78 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106081 MORTGAGORS: SNOW, JEFFREY
SNOW, KAREN
ADDRESS : 8895 MCNAIR DRIVE
MORTGAGE AMT: 436,000.00 CITY ALEXANDRIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 VA 22309
UNPAID BALANCE: 436,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,011.34 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106099 MORTGAGORS: SALTER, PATRICIA
APTED, MICHAEL
ADDRESS : 30 LARK BUNTING LANE
MORTGAGE AMT: 440,000.00 CITY LITTLETON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80127
UNPAID BALANCE: 440,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,927.33 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106107 MORTGAGORS: RAMAKRISHNAN, SATISH
ADDRESS : 2199 PASEO DEL ORO
MORTGAGE AMT: 440,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95124
UNPAID BALANCE: 440,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,964.36 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106115 MORTGAGORS: SHWILLER, LEWIS MICHAEL
ADDRESS : 3045 RIVER NORTH PARKWAY
MORTGAGE AMT: 440,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30328
UNPAID BALANCE: 440,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,001.58 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106123 MORTGAGORS: HABBERSTAD, JEFF
HABBERSTAD, DEBORAH
ADDRESS : 15182 IRON CANYON ROAD
MORTGAGE AMT: 444,000.00 CITY SANTA CLARITA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91350
UNPAID BALANCE: 444,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,991.31 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106131 MORTGAGORS: HITCHCOCK, MICHAEL
HITCHCOCK, KATHERINE
ADDRESS : 29988 SUNSET TRAIL
MORTGAGE AMT: 452,500.00 CITY PINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80470
UNPAID BALANCE: 452,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,010.49 ANNUAL RATE ADJUST: 0.000
LTV : 70.70000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106149 MORTGAGORS: ROWLETT, MORRIS
ROWLETT, MARILYN
ADDRESS : 10596 COPPERGATE
MORTGAGE AMT: 462,000.00 CITY CARMEL
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 IN 46032
UNPAID BALANCE: 462,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,035.01 ANNUAL RATE ADJUST: 0.000
LTV : 70.53000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106156 MORTGAGORS: DURANT, DON
DURANT, JUDITH ANN
ADDRESS : 19490 CHARLESTON ROAD
MORTGAGE AMT: 472,500.00 CITY VOLCANO
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 95689\ UNPAID BALANCE:
472,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,344.33 ANNUAL RATE ADJUST: 0.000
LTV : 75.72000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106164 MORTGAGORS: STEINHART, LANCE
ADDRESS : 2260 BLACKHEATH TRACE
MORTGAGE AMT: 500,000.00 CITY ALPHARETTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30005
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,326.51 ANNUAL RATE ADJUST: 0.000
LTV : 48.17000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106180 MORTGAGORS: GLADSTONE, JONATHAN
PFARR, PAMELA
ADDRESS : 365 SOUTH DRIVE
MORTGAGE AMT: 506,000.00 CITY SEVERNA PARK
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MD 21146
UNPAID BALANCE: 506,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,324.06 ANNUAL RATE ADJUST: 0.000
LTV : 63.25000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106198 MORTGAGORS: BOGAN, PATRICK
BOGAN, KATHRYN
ADDRESS : 10419 ABERDEEN LANE
MORTGAGE AMT: 506,000.00 CITY EASTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 MD 21601
UNPAID BALANCE: 506,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,409.02 ANNUAL RATE ADJUST: 0.000
LTV : 70.93000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106206 MORTGAGORS: GREGORY, TOY RHEA
NIXON, CHRISTINE ANN
ADDRESS : 3431 MANDEVILLE CANYON RO
MORTGAGE AMT: 512,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90049
UNPAID BALANCE: 512,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,406.35 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106214 MORTGAGORS: BERMAN, KEN
BERMAN, BETH
ADDRESS : 11304 CROSSING GLEN COURT
MORTGAGE AMT: 514,000.00 CITY POTOMAC
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 20854
UNPAID BALANCE: 514,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,419.65 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106222 MORTGAGORS: MAZZU, ANTHONY
MAZZU, S
ADDRESS : 1620 AIR PARK LANE
MORTGAGE AMT: 520,000.00 CITY PLANO
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 TX 75093
UNPAID BALANCE: 520,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,416.03 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106230 MORTGAGORS: ELLIS, ROBERT
CLINE, KELLI
ADDRESS : 22 SAN MATEO ROAD
MORTGAGE AMT: 524,000.00 CITY BERKELEY
:\
STATE/ZIP :\
LIFETIME RATE : 7.62500 CA 94707
UNPAID BALANCE: 524,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,708.84 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.62500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106248 MORTGAGORS: MARROCCO, ANNICOL
CONDE, EDWIN
ADDRESS : 6 DOUGLAS DRIVE
MORTGAGE AMT: 532,000.00 CITY SPARTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07871
UNPAID BALANCE: 532,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,584.18 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106263 MORTGAGORS: YARMOLICH, PAUL
YARMOLICH, SANDRA
ADDRESS : 308 MONTOYA WAY
MORTGAGE AMT: 539,000.00 CITY DANVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94526
UNPAID BALANCE: 539,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,631.34 ANNUAL RATE ADJUST: 0.000
LTV : 72.84000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106271 MORTGAGORS: COLLAMORE, THOMAS
COLLAMORE, JACQUELINE
ADDRESS : 5206 NORWAY DRIVE
MORTGAGE AMT: 540,000.00 CITY CHEVY CHASE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 20815
UNPAID BALANCE: 540,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,683.75 ANNUAL RATE ADJUST: 0.000
LTV : 60.20000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106297 MORTGAGORS: PICARD, MARC
PICARD, TONEE
ADDRESS : 5026 IRONWOOD DRIVE
MORTGAGE AMT: 555,000.00 CITY SOQUEL
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95073
UNPAID BALANCE: 555,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,786.08 ANNUAL RATE ADJUST: 0.000
LTV : 46.95000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106305 MORTGAGORS: KELLEY, EDWARD
KELLEY, CORENTHIS
ADDRESS : 6002 CROOM STATION ROAD
MORTGAGE AMT: 560,000.00 CITY UPPER MARLBORO
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 20772
UNPAID BALANCE: 560,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,725.69 ANNUAL RATE ADJUST: 0.000
LTV : 74.67000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106313 MORTGAGORS: KENNEDY, TIMOTHY
KENNEDY, LORI
ADDRESS : 2586 BODDIE PLACE
MORTGAGE AMT: 563,350.00 CITY DULUTH
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 GA 30097
UNPAID BALANCE: 563,350.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,843.04 ANNUAL RATE ADJUST: 0.000
LTV : 78.79000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106321 MORTGAGORS: BERRY, MARK
BERRY, LAUREN
ADDRESS : 1417 WOODHURST BLVD.
MORTGAGE AMT: 564,000.00 CITY MCLEAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 22102
UNPAID BALANCE: 564,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,847.47 ANNUAL RATE ADJUST: 0.000
LTV : 63.73000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106347 MORTGAGORS: SHOCHAT, STEPHEN
SHOCHAT, CARLA
ADDRESS : 2500 BIRNAM WOOD DRIVE
MORTGAGE AMT: 569,600.00 CITY GERMANTOWN
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 TN 38138
UNPAID BALANCE: 569,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,837.50 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106537 MORTGAGORS: MOUDAKAS, LINDA
ADDRESS : 1100 NORTH LEMON AVENUE
MORTGAGE AMT: 618,000.00 CITY MENLO PARK
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94025
UNPAID BALANCE: 618,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,163.58 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106545 MORTGAGORS: HAMMER, JOSEPH F
NOVI-HAMMER, MARIA C
ADDRESS : 3631 ARI LANE
MORTGAGE AMT: 631,200.00 CITY GLENVIEW
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60025
UNPAID BALANCE: 631,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,199.39 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106552 MORTGAGORS: DAY, LAURENCE
ESTUPINAN-DAY, SASKIA
ADDRESS : 672 LIVE OAK DRIVE
MORTGAGE AMT: 650,000.00 CITY MCLEAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 22101
UNPAID BALANCE: 650,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,434.15 ANNUAL RATE ADJUST: 0.000
LTV : 78.79000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080106586 MORTGAGORS: ANDERSON, WILLIAM
ADDRESS : 4300 MARQUIS PLACE
MORTGAGE AMT: 292,000.00 CITY WOODBRIDGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 VA 22192
UNPAID BALANCE: 292,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,016.77 ANNUAL RATE ADJUST: 0.000
LTV : 88.48000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107360 MORTGAGORS: REDELL, WILLIAM
REDELL, CHERYL
REDELL, WILLIAM
REDELL, MELISSA
ADDRESS : 253 VESTER STED
MORTGAGE AMT: 300,000.00 CITY SOLVANG
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 93463
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,046.53 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107568 MORTGAGORS: STRAWN, KIRTIS
STRAWN, PATRICIA
ADDRESS : 135 VIA LOS MIRADORES
MORTGAGE AMT: 288,400.00 CITY TORRANCE
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 CA 90277
UNPAID BALANCE: 288,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,822.89 ANNUAL RATE ADJUST: 0.000
LTV : 44.36923 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107592 MORTGAGORS: KUMAR, KEERANOOR
VENKATESH, ROHINI
ADDRESS : 34 FORDS ROAD
MORTGAGE AMT: 336,000.00 CITY RANDOLPH TO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07869
UNPAID BALANCE: 335,731.300 OPTION TO CONVERT : No
MONTHLY P&I: 2,263.70 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107618 MORTGAGORS: JACKLER, MARK
JACKLER, ELAINE
ADDRESS : 810 DARTMOOR AVENUE
MORTGAGE AMT: 325,000.00 CITY TOWN OF WES
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07091
UNPAID BALANCE: 324,740.100 OPTION TO CONVERT : No
MONTHLY P&I: 2,189.59 ANNUAL RATE ADJUST: 0.000
LTV : 71.03825 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107626 MORTGAGORS: HARDING, CHRISTOPHE
HARDING, MARYANN
ADDRESS : 44 MAPLE VILLAGE COURT
MORTGAGE AMT: 380,250.00 CITY BERNARDSVIL
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07924
UNPAID BALANCE: 379,953.360 OPTION TO CONVERT : No
MONTHLY P&I: 2,593.98 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107634 MORTGAGORS: MENEOU, SCOTT
MENEOU, SUSAN
ADDRESS : 28234 RIDGE VIEW DRIVE
MORTGAGE AMT: 243,500.00 CITY SANTA CLARI
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91351
UNPAID BALANCE: 243,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,661.10 ANNUAL RATE ADJUST: 0.000
LTV : 76.09375 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107642 MORTGAGORS: GERBER, JEFFREY
GERBER, DARLENE
ADDRESS : 4 RYAN COURT
MORTGAGE AMT: 350,000.00 CITY WASHINTON T
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07853
UNPAID BALANCE: 349,726.960 OPTION TO CONVERT : No
MONTHLY P&I: 2,387.62 ANNUAL RATE ADJUST: 0.000
LTV : 72.91667 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107659 MORTGAGORS: MURDOCK, JOHN
MURDOCK, LYNN
ADDRESS : 1209 PINE STREET
MORTGAGE AMT: 298,700.00 CITY SANTA MONIC
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90405
UNPAID BALANCE: 298,700.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,037.66 ANNUAL RATE ADJUST: 0.000
LTV : 54.30909 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107667 MORTGAGORS: KAPLAN, JOSHUA
KAPLAN, STEFANIE
ADDRESS : 869 KALLIN AVENUE
MORTGAGE AMT: 272,750.00 CITY LONG BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90815
UNPAID BALANCE: 272,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,814.61 ANNUAL RATE ADJUST: 0.000
LTV : 66.52439 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107691 MORTGAGORS: TOUPAL, DANIEL
TOUPAL, MYRNA
ADDRESS : 1547 VISTA DORADA PLACE
MORTGAGE AMT: 318,000.00 CITY CHINO HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91709
UNPAID BALANCE: 318,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,169.32 ANNUAL RATE ADJUST: 0.000
LTV : 79.50000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107725 MORTGAGORS: SANDFORD, DEBRA
ADDRESS : 7640 EAST SADDLEHILL TRAI
MORTGAGE AMT: 329,000.00 CITY ORANGE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92869
UNPAID BALANCE: 329,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,188.85 ANNUAL RATE ADJUST: 0.000
LTV : 45.37931 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107733 MORTGAGORS: MULA, KATHY
ADDRESS : 32041 POINT PLACE
MORTGAGE AMT: 255,974.00 CITY LAGUNA BEAC
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92651
UNPAID BALANCE: 255,974.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,703.00 ANNUAL RATE ADJUST: 0.000
LTV : 32.40177 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107741 MORTGAGORS: KOETTER, FREDERICK
KOETTER, BARBARA
ADDRESS : 1513 SHADOW KNOLLS LANE
MORTGAGE AMT: 305,500.00 CITY EL CAJON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92020
UNPAID BALANCE: 305,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,084.05 ANNUAL RATE ADJUST: 0.000
LTV : 71.88235 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107758 MORTGAGORS: SANKER, DONNA
THOMPSON, DAWN
ADDRESS : 353 ULTIMO AVENUE
MORTGAGE AMT: 333,000.00 CITY LONG BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90814\ UNPAID BALANCE:
333,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,215.46 ANNUAL RATE ADJUST: 0.000
LTV : 67.95918 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107774 MORTGAGORS: NOKOFF, ROBERT
NOKOFF, LOU ANN
ADDRESS : 32951 JOEL CIRCLE
MORTGAGE AMT: 291,709.00 CITY DANA POINT
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92629
UNPAID BALANCE: 291,481.440 OPTION TO CONVERT : No
MONTHLY P&I: 1,989.97 ANNUAL RATE ADJUST: 0.000
LTV : 74.79718 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107782 MORTGAGORS: COMEAU, JOSEPH
WEEKS, ANN
ADDRESS : 2795 JASON COURT
MORTGAGE AMT: 260,000.00 CITY THOUSAND OA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 91362
UNPAID BALANCE: 260,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,708.02 ANNUAL RATE ADJUST: 0.000
LTV : 49.52381 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080107790 MORTGAGORS: CHANG, PAUL
CHANG, JOYCE
ADDRESS : 2626 THREE SPRINGS DRIVE
MORTGAGE AMT: 472,000.00 CITY WESTLAKE VI
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 91361
UNPAID BALANCE: 472,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,061.38 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080108277 MORTGAGORS: ZEIMIS, VINCENT
ZEIMIS, ERIN
ADDRESS : 16475 VALLEY SPRINGS ROAD
MORTGAGE AMT: 280,000.00 CITY CHINO HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91709
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,862.85 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080108475 MORTGAGORS: KERN, JAMES
DONOVAN, MONICA
ADDRESS : 1330 WARNER AVENUE
MORTGAGE AMT: 325,000.00 CITY SUNNYVALE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94087
UNPAID BALANCE: 325,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,135.02 ANNUAL RATE ADJUST: 0.000
LTV : 68.42105 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080108616 MORTGAGORS: BYER, VICTOR
ADDRESS : 11951 MAYFIELD AVENUE
MORTGAGE AMT: 150,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 90049
UNPAID BALANCE: 150,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 985.39 ANNUAL RATE ADJUST: 0.000
LTV : 63.82979 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080108632 MORTGAGORS: WHITE, MICHAEL
WHITE, SUSAN
ADDRESS : 455 REED COURT
MORTGAGE AMT: 356,000.00 CITY GOLETA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 93117
UNPAID BALANCE: 356,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,428.55 ANNUAL RATE ADJUST: 0.000
LTV : 89.89899 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080108665 MORTGAGORS: WERNER, JON
WERNER, JUDITH
ADDRESS : 1366 HYMETTUS AVENUE
MORTGAGE AMT: 447,700.00 CITY LEUCADIA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92024
UNPAID BALANCE: 446,182.500 OPTION TO CONVERT : No
MONTHLY P&I: 2,941.08 ANNUAL RATE ADJUST: 0.000
LTV : 65.35766 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 02/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080108673 MORTGAGORS: DELGADO, RICHARD
DELGADO, ROSALINDA
ADDRESS : 1022 SOUTH REXFORD LANE
MORTGAGE AMT: 364,800.00 CITY ANAHEIM
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92808
UNPAID BALANCE: 364,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,457.73 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080108699 MORTGAGORS: FERGUSON, LESLIE
SMITH, KEN
ADDRESS : 1194 QUAIL GARDENS COURT
MORTGAGE AMT: 404,000.00 CITY ENCINITAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92024
UNPAID BALANCE: 404,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,755.99 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080108772 MORTGAGORS: CAGNEY, PETER
ADDRESS : 4168 OVERCREST DRIVE
MORTGAGE AMT: 252,000.00 CITY Whittier (Area)
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90601
UNPAID BALANCE: 252,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,676.56 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080108798 MORTGAGORS: ECCLESTON, R
ECCLESTON, STELLA
ADDRESS : 968 SHERMAN OAKS DRIVE
MORTGAGE AMT: 257,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95128
UNPAID BALANCE: 257,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,753.19 ANNUAL RATE ADJUST: 0.000
LTV : 51.40000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080108939 MORTGAGORS: MELONI, MARGARET
ADDRESS : 114 COVINA AVENUE
MORTGAGE AMT: 359,500.00 CITY LONG BEACH
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90803
UNPAID BALANCE: 359,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,391.76 ANNUAL RATE ADJUST: 0.000
LTV : 89.98748 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080109002 MORTGAGORS: DUVALL, MARK
ADDRESS : 823 PALMS BOULEVARD
MORTGAGE AMT: 500,000.00 CITY VENICE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 90291
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,242.99 ANNUAL RATE ADJUST: 0.000
LTV : 79.36508 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080109077 MORTGAGORS: TROY, JEFFREY
TROY, LAURIE
ADDRESS : 30482 VIA LINDOSA
MORTGAGE AMT: 417,500.00 CITY LAGUNA NIGU
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92677
UNPAID BALANCE: 417,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,848.09 ANNUAL RATE ADJUST: 0.000
LTV : 64.72868 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080109168 MORTGAGORS: COOK, RICHARD
COOK, HARRIET
ADDRESS : 29520 4th AVENUE SOUTH
MORTGAGE AMT: 244,625.00 CITY FEDERAL WAY
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98003
UNPAID BALANCE: 244,424.480 OPTION TO CONVERT : No
MONTHLY P&I: 1,627.50 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080109309 MORTGAGORS: HALL, KLAY
HALL, DEBRA
ADDRESS : 3149 WOODGREEN COURT
MORTGAGE AMT: 323,050.00 CITY THOUSAND OA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91362
UNPAID BALANCE: 322,785.200 OPTION TO CONVERT : No
MONTHLY P&I: 2,149.26 ANNUAL RATE ADJUST: 0.000
LTV : 74.95360 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080109341 MORTGAGORS: PATTON, STEVEN
VIAJAR PATTO, HOPE
ADDRESS : 28621 BRECKENRIDGE DRIVE
MORTGAGE AMT: 325,000.00 CITY LAGUNA NIGU
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 CA 92677
UNPAID BALANCE: 325,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,081.01 ANNUAL RATE ADJUST: 0.000
LTV : 73.03371 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080109598 MORTGAGORS: VAN, CHARLES
Van, Angela
LO, AMY
ADDRESS : 2332-2334 Vicente Street
MORTGAGE AMT: 338,000.00 CITY SAN FRANCIS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94116
UNPAID BALANCE: 338,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,305.76 ANNUAL RATE ADJUST: 0.000
LTV : 70.41667 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080109614 MORTGAGORS: GLASSMAN, DOUGLAS
GLASSMAN, JENNIFER
ADDRESS : 646 CALDWELL ROAD
MORTGAGE AMT: 420,000.00 CITY OAKLAND
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94611
UNPAID BALANCE: 420,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,794.27 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080109671 MORTGAGORS: CECKIEWICZ, THOMAS
TKACHUK, ALICE
ADDRESS : 49653 ASH COURT
MORTGAGE AMT: 370,000.00 CITY PLYMOUTH
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MI 48170
UNPAID BALANCE: 368,427.840 OPTION TO CONVERT : No
MONTHLY P&I: 2,430.64 ANNUAL RATE ADJUST: 0.000
LTV : 68.28408 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 02/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080109820 MORTGAGORS: MITCHELL, JONI
ADDRESS : 31717 KENTFIELD COURT
MORTGAGE AMT: 255,400.00 CITY WESTLAKE VI
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91361
UNPAID BALANCE: 255,400.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,742.28 ANNUAL RATE ADJUST: 0.000
LTV : 62.29268 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080110091 MORTGAGORS: LIZARDI, JAMES
LIZARDI, SHELLY
ADDRESS : 1775 CRAIG AVENUE
MORTGAGE AMT: 301,650.00 CITY Altadena (AREA)
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91001
UNPAID BALANCE: 301,650.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,057.79 ANNUAL RATE ADJUST: 0.000
LTV : 79.80159 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080110356 MORTGAGORS: DORRICOTT, DENISE
ADDRESS : 705 MILLER AVENUE
MORTGAGE AMT: 292,500.00 CITY GREAT FALLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 VA 22066
UNPAID BALANCE: 292,260.240 OPTION TO CONVERT : No
MONTHLY P&I: 1,946.01 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080110372 MORTGAGORS: WISNIEwSKI, ROBBIE
TALLEY, LYN
ADDRESS : 78 FELLS ROAD
MORTGAGE AMT: 283,500.00 CITY ESSEX FELLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07021
UNPAID BALANCE: 283,278.840 OPTION TO CONVERT : No
MONTHLY P&I: 1,933.97 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080110406 MORTGAGORS: COMSTOCK, ROY
COMSTOCK, SARAH
ADDRESS : 25315 KEATS LANE
MORTGAGE AMT: 262,000.00 CITY VALENCIA (AREA)
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91381
UNPAID BALANCE: 262,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,809.57 ANNUAL RATE ADJUST: 0.000
LTV : 78.09240 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111412 MORTGAGORS: BLEW, MICHAEL
BLEW, MONA
ADDRESS : 19 CARRIAGE DRIVE
MORTGAGE AMT: 281,600.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92602
UNPAID BALANCE: 281,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,968.99 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111529 MORTGAGORS: CHOI, TOM
CHOI, JANET
ADDRESS : 819 ROYAL PALM COURT
MORTGAGE AMT: 304,500.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 95133
UNPAID BALANCE: 304,268.300 OPTION TO CONVERT : No
MONTHLY P&I: 2,103.11 ANNUAL RATE ADJUST: 0.000
LTV : 82.29730 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111578 MORTGAGORS: DEVANEY, PATRICK
DEVANEY, SHARON
ADDRESS : 6162 OAKBROOK CIRCLE
MORTGAGE AMT: 544,000.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92648
UNPAID BALANCE: 544,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,619.25 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111610 MORTGAGORS: NAVOLIO, JOHN
NAVOLIO, KARA
ADDRESS : 3217 ARBOLADO DRIVE
MORTGAGE AMT: 336,000.00 CITY WALNUT CREE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94598
UNPAID BALANCE: 336,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,349.36 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111677 MORTGAGORS: BOGART, ROD
BOGART, LISA
ADDRESS : 842 LAS PAVADAS AVENUE
MORTGAGE AMT: 312,000.00 CITY SAN RAFAEL
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94903
UNPAID BALANCE: 311,737.880 OPTION TO CONVERT : No
MONTHLY P&I: 2,049.62 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111693 MORTGAGORS: HARTMAN, GARY
HARTMAN, JUDITH
ADDRESS : 27 BOWIE PLACE
MORTGAGE AMT: 278,300.00 CITY SANTA ANA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92702
UNPAID BALANCE: 278,060.390 OPTION TO CONVERT : No
MONTHLY P&I: 1,805.05 ANNUAL RATE ADJUST: 0.000
LTV : 94.98618 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111735 MORTGAGORS: NELSON, WENDY
RAPP, JOHN
ADDRESS : 4 CALELLA
MORTGAGE AMT: 282,400.00 CITY LAGUNA NIGU
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92677
UNPAID BALANCE: 282,162.750 OPTION TO CONVERT : No
MONTHLY P&I: 1,855.17 ANNUAL RATE ADJUST: 0.000
LTV : 71.49367 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111750 MORTGAGORS: DELANEY, TERRENCE
ADDRESS : 24220 RANCHO SANTA ANA RO
MORTGAGE AMT: 270,000.00 CITY YORBA LINDA
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92887
UNPAID BALANCE: 269,799.620 OPTION TO CONVERT : No
MONTHLY P&I: 1,887.88 ANNUAL RATE ADJUST: 0.000
LTV : 73.97260 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111768 MORTGAGORS: MURA, GRACE
MURA, TERRY
ADDRESS : 12 INDIGO
MORTGAGE AMT: 367,550.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92620
UNPAID BALANCE: 367,233.540 OPTION TO CONVERT : No
MONTHLY P&I: 2,383.93 ANNUAL RATE ADJUST: 0.000
LTV : 79.99086 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111784 MORTGAGORS: GUPTA, SUNIL
GUPTA, RITA
ADDRESS : 28 MARYLAND
MORTGAGE AMT: 283,100.00 CITY IRVINE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92606
UNPAID BALANCE: 283,100.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,907.30 ANNUAL RATE ADJUST: 0.000
LTV : 79.98327 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111792 MORTGAGORS: MOORE, THOMAS
MOORE, KATHLEEN
ADDRESS : 300 BORICA DRIVE
MORTGAGE AMT: 316,000.00 CITY DANVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94526
UNPAID BALANCE: 316,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,209.52 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111834 MORTGAGORS: SOLBERG, MARTIN
SOLBERG, KAREN
ADDRESS : 2146 CROSS STREET
MORTGAGE AMT: 450,000.00 CITY LA CANADA F
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91011
UNPAID BALANCE: 449,648.960 OPTION TO CONVERT : No
MONTHLY P&I: 3,069.79 ANNUAL RATE ADJUST: 0.000
LTV : 79.64602 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111867 MORTGAGORS: WOLFRAM, GARY
WOLFRAM, KAREN
ADDRESS : 148 CROMART COURT
MORTGAGE AMT: 310,000.00 CITY SUNNYVALE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94087
UNPAID BALANCE: 310,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,036.48 ANNUAL RATE ADJUST: 0.000
LTV : 59.04762 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111875 MORTGAGORS: SHAH, SHISHIR
SHAH, MALINI
ADDRESS : 2020 SOUTH SANDERS COURT
MORTGAGE AMT: 385,500.00 CITY LA HABRA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 90631
UNPAID BALANCE: 385,176.120 OPTION TO CONVERT : No
MONTHLY P&I: 2,532.47 ANNUAL RATE ADJUST: 0.000
LTV : 79.89074 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111933 MORTGAGORS: BRUMBAUGH, ANTOINETTE
ADDRESS : 15 OAK TREE LANE
MORTGAGE AMT: 267,500.00 CITY FAIRFAX
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 94930
UNPAID BALANCE: 267,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,870.40 ANNUAL RATE ADJUST: 0.000
LTV : 67.72152 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111941 MORTGAGORS: GLENN, JAMES
ADDRESS : 6410 FORESTER DRIVE
MORTGAGE AMT: 326,000.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92648
UNPAID BALANCE: 325,739.300 OPTION TO CONVERT : No
MONTHLY P&I: 2,196.33 ANNUAL RATE ADJUST: 0.000
LTV : 42.89474 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080111982 MORTGAGORS: KOLEHMAINEN, DONALD
KOLEHMAINEN, KRISTEN
ADDRESS : 6 CRESTED BUTTE CIRCLE
MORTGAGE AMT: 270,000.00 CITY LAGUNA NIGU
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92677
UNPAID BALANCE: 269,773.170 OPTION TO CONVERT : No
MONTHLY P&I: 1,773.71 ANNUAL RATE ADJUST: 0.000
LTV : 73.97260 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080112014 MORTGAGORS: ANDERSON, JOSEPH
ANDERSON, VICTORIA
ADDRESS : 19000 EAST STAMPEDE ROAD
MORTGAGE AMT: 275,000.00 CITY CLEMENTS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 95227
UNPAID BALANCE: 274,774.580 OPTION TO CONVERT : No
MONTHLY P&I: 1,829.59 ANNUAL RATE ADJUST: 0.000
LTV : 64.70588 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080112048 MORTGAGORS: BARKAN, GERALD
HAYS, KATHLEEN
ADDRESS : 23 SUMMERHILL ROAD
MORTGAGE AMT: 277,600.00 CITY SAN RAFAEL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 94903
UNPAID BALANCE: 277,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,846.88 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080112063 MORTGAGORS: NJAMFA, CONRAD
NJAMFA, ANGELINE
ADDRESS : 672 QUAIL RUN
MORTGAGE AMT: 288,650.00 CITY TRACY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95376
UNPAID BALANCE: 288,424.820 OPTION TO CONVERT : No
MONTHLY P&I: 1,969.11 ANNUAL RATE ADJUST: 0.000
LTV : 94.98690 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080112089 MORTGAGORS: LANDA, HOWARD
LANDA, CATHERINE
ADDRESS : 1630 VIA SAGE
MORTGAGE AMT: 345,600.00 CITY SAN CLEMENT
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92673
UNPAID BALANCE: 345,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,357.60 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080112139 MORTGAGORS: ERAMO, ROBERT
ERAMO, CAROLYN
ADDRESS : 1840 KENPARK CURT
MORTGAGE AMT: 330,000.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95124
UNPAID BALANCE: 330,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,251.18 ANNUAL RATE ADJUST: 0.000
LTV : 62.85714 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080112246 MORTGAGORS: NEARON, DAVID
NEARON, LINDA
ADDRESS : 111 SOUTHVIEW LANE
MORTGAGE AMT: 500,000.00 CITY ALAMO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94507
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,410.88 ANNUAL RATE ADJUST: 0.000
LTV : 50.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080112899 MORTGAGORS: STOLTZ, JAMES
STOLTZ, DENISE
ADDRESS : 3 MELVILLE COURT
MORTGAGE AMT: 276,350.00 CITY ROXBURY TOW
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07852
UNPAID BALANCE: 276,134.410 OPTION TO CONVERT : No
MONTHLY P&I: 1,885.20 ANNUAL RATE ADJUST: 0.000
LTV : 93.59301 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080112923 MORTGAGORS: BARKOw, WILLIAM
BARKOW, GRETCHEN
ADDRESS : 29 MONTGOMERY AVENUE
MORTGAGE AMT: 260,000.00 CITY ROCKY HILL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 08553
UNPAID BALANCE: 259,786.880 OPTION TO CONVERT : No
MONTHLY P&I: 1,729.79 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080112998 MORTGAGORS: SIMON, HENRY
SIMON, TERESA
ADDRESS : 7 HAINES COVE DRIVE
MORTGAGE AMT: 590,000.00 CITY DOVER TOWNS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 08753
UNPAID BALANCE: 589,539.730 OPTION TO CONVERT : No
MONTHLY P&I: 4,024.85 ANNUAL RATE ADJUST: 0.000
LTV : 79.72973 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080113020 MORTGAGORS: KOTCH, ROBERT
ADDRESS : 60 NORTH HILLSIDE PLACE
MORTGAGE AMT: 567,300.00 CITY RIDGEWOOD V
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 NJ 07450
UNPAID BALANCE: 566,787.150 OPTION TO CONVERT : No
MONTHLY P&I: 3,585.73 ANNUAL RATE ADJUST: 0.000
LTV : 74.99504 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080113061 MORTGAGORS: CAVALIERE, VINCENT
MITCHELL CAV, MARGARET
ADDRESS : 9 DAVID PLACE
MORTGAGE AMT: 322,560.00 CITY MT OLIVE TO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07828\ UNPAID BALANCE:
322,308.370 OPTION TO CONVERT : No
MONTHLY P&I: 2,200.43 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080113087 MORTGAGORS: FOX, VINCENT
FOX, PATRICIA
ADDRESS : 4 FOX CREST COURT
MORTGAGE AMT: 425,000.00 CITY TROY HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07950
UNPAID BALANCE: 424,668.460 OPTION TO CONVERT : No
MONTHLY P&I: 2,899.25 ANNUAL RATE ADJUST: 0.000
LTV : 66.61442 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080113541 MORTGAGORS: NICOLOFF, FRYDA
NICOLOFF, CHERIE
ADDRESS : 1510 SANTA BARBARA STREET
MORTGAGE AMT: 242,500.00 CITY SAN DIEGO
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92107
UNPAID BALANCE: 242,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,593.05 ANNUAL RATE ADJUST: 0.000
LTV : 68.69688 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080113863 MORTGAGORS: LICHTENSTERN, DAVID
ADDRESS : 3964 MILLBROOK DRIVE
MORTGAGE AMT: 268,800.00 CITY SANTA ROSA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95404
UNPAID BALANCE: 268,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,833.69 ANNUAL RATE ADJUST: 0.000
LTV : 70.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080113871 MORTGAGORS: NETTA, KIM
BARKER, THOMAS
ADDRESS : 2918 HUMESTON AVENUE
MORTGAGE AMT: 310,000.00 CITY TUSTIN
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92782
UNPAID BALANCE: 310,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,062.44 ANNUAL RATE ADJUST: 0.000
LTV : 87.33009 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080113897 MORTGAGORS: WILLIAMS, CAROL
WILLIAMS, RICHARD
ADDRESS : 8148 MOLLER RANCH DRIVE
MORTGAGE AMT: 376,500.00 CITY PLEASANTON
:\
STATE/ZIP :\
LIFETIME RATE : 8.00000 CA 94588
UNPAID BALANCE: 376,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,762.63 ANNUAL RATE ADJUST: 0.000
LTV : 79.26316 OUTSIDE CONV DATE:
CURRENT INT 8.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080113996 MORTGAGORS: AJURIA, CESAR
CONDON, SINEAD
ADDRESS : 212 MORESBY LANE
MORTGAGE AMT: 375,300.00 CITY REDWOOD CIT
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94063
UNPAID BALANCE: 374,984.700 OPTION TO CONVERT : No
MONTHLY P&I: 2,465.46 ANNUAL RATE ADJUST: 0.000
LTV : 89.98446 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114002 MORTGAGORS: OCONNOR, MICHAEL
MORA, OSCAR
ADDRESS : 972 S 8TH STREET
MORTGAGE AMT: 186,840.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95112
UNPAID BALANCE: 186,547.610 OPTION TO CONVERT : No
MONTHLY P&I: 1,274.58 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114044 MORTGAGORS: STEWART, ROBERT
STEWART, MARILYN
ADDRESS : 1650 CERVATO CIRCLE
MORTGAGE AMT: 362,000.00 CITY ALAMO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94507
UNPAID BALANCE: 361,717.600 OPTION TO CONVERT : No
MONTHLY P&I: 2,469.48 ANNUAL RATE ADJUST: 0.000
LTV : 73.13131 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114069 MORTGAGORS: CONDRON, ROBERT
CONDRON, WENDY
ADDRESS : 23 AMMOLITE
MORTGAGE AMT: 281,100.00 CITY RANCHO SANT
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92688
UNPAID BALANCE: 280,869.580 OPTION TO CONVERT : No
MONTHLY P&I: 1,870.17 ANNUAL RATE ADJUST: 0.000
LTV : 94.99831 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114085 MORTGAGORS: HOLMAN, LEWIS
HOLMAN, JULIE
ADDRESS : 16432 UNDERHILL LANE
MORTGAGE AMT: 300,000.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92647
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,046.53 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114119 MORTGAGORS: WHITLOW, KENNETH
WHITLOW, ROSELLA
ADDRESS : 1306 WEST RUTLEDGE PLACE
MORTGAGE AMT: 270,000.00 CITY BREA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90632
UNPAID BALANCE: 270,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,796.32 ANNUAL RATE ADJUST: 0.000
LTV : 94.73684 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114127 MORTGAGORS: DE LA ROSA, ERWIN
DE LA ROSA, ANGIE
ADDRESS : 24846 VISTA MAGNIFICA
MORTGAGE AMT: 268,463.00 CITY LAGUNA NIGU
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92677
UNPAID BALANCE: 268,463.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,831.39 ANNUAL RATE ADJUST: 0.000
LTV : 86.60097 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114143 MORTGAGORS: CONGER, DEE
CONGER, MARJORIE
ADDRESS : 7315 OLIVETAS AVENUE
MORTGAGE AMT: 480,000.00 CITY La Jolla (Area)
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92037
UNPAID BALANCE: 480,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,193.45 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114184 MORTGAGORS: BINDER, MICHAEL
ADDRESS : 3421 TILDEN AVENUE
MORTGAGE AMT: 394,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90034
UNPAID BALANCE: 394,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,687.78 ANNUAL RATE ADJUST: 0.000
LTV : 73.64486 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114242 MORTGAGORS: LUBECK, DANIEL
ADDRESS : 508 SAN BERNARDINO AVENUE
MORTGAGE AMT: 432,000.00 CITY NEWPORT BEA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92663
UNPAID BALANCE: 432,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,947.00 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114259 MORTGAGORS: JACOB, JOSEPH
JACOB, SHELLEY
ADDRESS : 6666 RANDIWOOD LANE
MORTGAGE AMT: 282,050.00 CITY WEST HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91307
UNPAID BALANCE: 282,050.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,948.05 ANNUAL RATE ADJUST: 0.000
LTV : 71.40506 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114275 MORTGAGORS: CATLIN, MICHAEL
CATLIN, TINA
ADDRESS : 10611 CALM HILL CIRCLE
MORTGAGE AMT: 358,600.00 CITY SANTA ANA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92705
UNPAID BALANCE: 358,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,476.76 ANNUAL RATE ADJUST: 0.000
LTV : 71.72000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114291 MORTGAGORS: FRENCH, ALAN
FRENCH, LISA
ADDRESS : 30902 CANTERBURY PLACE
MORTGAGE AMT: 322,600.00 CITY LAGUNA NIGU
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92677
UNPAID BALANCE: 322,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,200.70 ANNUAL RATE ADJUST: 0.000
LTV : 52.88525 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114317 MORTGAGORS: MUTTULINGAM, SANJAYAN
O'DOHERTY, KITTY
ADDRESS : 330 MIRADA ROAD
MORTGAGE AMT: 335,200.00 CITY HALF MOON B
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94019
UNPAID BALANCE: 334,938.510 OPTION TO CONVERT : No
MONTHLY P&I: 2,286.66 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114341 MORTGAGORS: ROCHA, DERRICK
ROCHA, KIMI
ADDRESS : 16340 BROOKSTONE CIRCLE
MORTGAGE AMT: 330,650.00 CITY LA MIRADA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 90638
UNPAID BALANCE: 330,650.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,144.59 ANNUAL RATE ADJUST: 0.000
LTV : 75.14773 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114374 MORTGAGORS: THUMIM, ARNOLD
THUMIM, SHEILA
ADDRESS : 334 SOUTH SYCAMORE AVENUE
MORTGAGE AMT: 355,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90036
UNPAID BALANCE: 355,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,421.73 ANNUAL RATE ADJUST: 0.000
LTV : 74.73684 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114382 MORTGAGORS: DUNPHY, ROBERT
ADDRESS : 972 MESA GRANDE DRIVE
MORTGAGE AMT: 328,800.00 CITY PALM DESERT
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92211
UNPAID BALANCE: 328,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,132.59 ANNUAL RATE ADJUST: 0.000
LTV : 78.09976 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114580 MORTGAGORS: OESTERLING, RICHARD
OESTERLING, KIMBERLY
ADDRESS : 12644 PARKE CIRCLE
MORTGAGE AMT: 252,000.00 CITY RANCHO CUCA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91739
UNPAID BALANCE: 251,614.810 OPTION TO CONVERT : No
MONTHLY P&I: 1,740.51 ANNUAL RATE ADJUST: 0.000
LTV : 79.98933 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080114630 MORTGAGORS: DE LEON, CARL
DE LEON, PERLA
ADDRESS : 16459 DENHAVEN COURT
MORTGAGE AMT: 227,700.00 CITY CHINO HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 91709
UNPAID BALANCE: 227,352.410 OPTION TO CONVERT : No
MONTHLY P&I: 1,572.67 ANNUAL RATE ADJUST: 0.000
LTV : 79.98735 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080115074 MORTGAGORS: FROUDE, ROBERT
ADDRESS : 770 DEVILS KNOB LOOP
MORTGAGE AMT: 375,000.00 CITY WINTERGREEN
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 22958
UNPAID BALANCE: 372,609.640 OPTION TO CONVERT : No
MONTHLY P&I: 2,558.16 ANNUAL RATE ADJUST: 0.000
LTV : 70.75472 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 10/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080115868 MORTGAGORS: WHITE, ROBERT
WHITE, PATRICIA
ADDRESS : 2 BOHLANDER COURT
MORTGAGE AMT: 352,000.00 CITY READINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 NJ 08889
UNPAID BALANCE: 351,738.760 OPTION TO CONVERT : No
MONTHLY P&I: 2,461.24 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080115918 MORTGAGORS: HACKNEY, TOM
HACKNEY, ANGELICA
ADDRESS : 202 RAWLEY RIDGE
MORTGAGE AMT: 244,000.00 CITY FRONT ROYAL
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 VA 22630
UNPAID BALANCE: 243,799.990 OPTION TO CONVERT : No
MONTHLY P&I: 1,623.34 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080115942 MORTGAGORS: POTTER, ROBERT
GYZANDER, M
ADDRESS : 857 HILLCREST ROAD
MORTGAGE AMT: 496,000.00 CITY RIDGEWOOD V
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 07450
UNPAID BALANCE: 495,593.420 OPTION TO CONVERT : No
MONTHLY P&I: 3,299.91 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080115975 MORTGAGORS: PALFREYMAN, SCOTT
PALFREYMAN, LORI
ADDRESS : 1213 CRIM ROAD
MORTGAGE AMT: 303,200.00 CITY BRIDGEWATER
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 NJ 08807
UNPAID BALANCE: 302,951.470 OPTION TO CONVERT : No
MONTHLY P&I: 2,017.20 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080115991 MORTGAGORS: FRANK, DOUGLAS
FRANK, BRENDA
ADDRESS : 45 NEPTUNE CIRCLE
MORTGAGE AMT: 400,000.00 CITY TOWNSHIP OF
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 08723
UNPAID BALANCE: 399,687.960 OPTION TO CONVERT : No
MONTHLY P&I: 2,728.71 ANNUAL RATE ADJUST: 0.000
LTV : 67.22689 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080116007 MORTGAGORS: FERNANDES, PAUL
FERNANDES, LYNNE
ADDRESS : 5807 HAMPTON FOREST WAY
MORTGAGE AMT: 311,200.00 CITY FAIRFAX
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 VA 22030
UNPAID BALANCE: 310,944.900 OPTION TO CONVERT : No
MONTHLY P&I: 2,070.43 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080116023 MORTGAGORS: GOLIKOV, PETER
GOLIKOV, GRETCHEN
ADDRESS : 320 NORTH EUCLID AVENUE
MORTGAGE AMT: 299,000.00 CITY WESTFIELD T
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 NJ 07090
UNPAID BALANCE: 298,760.890 OPTION TO CONVERT : No
MONTHLY P&I: 2,014.42 ANNUAL RATE ADJUST: 0.000
LTV : 74.93734 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080116239 MORTGAGORS: DRAGAN, GEORGE
BARRETT DRAG, PATRICIA
ADDRESS : 31 CRAGMONT WAY
MORTGAGE AMT: 240,000.00 CITY WOODSIDE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94062
UNPAID BALANCE: 240,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,616.92 ANNUAL RATE ADJUST: 0.000
LTV : 26.66667 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080116379 MORTGAGORS: COHEN, BARRY
ADDRESS : 292 CREST ROAD
MORTGAGE AMT: 429,600.00 CITY NOVATO
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 94945
UNPAID BALANCE: 429,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,786.38 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080116684 MORTGAGORS: VANGELI, MARIO
VANGELI, MARIAN
ADDRESS : 18 CAMBRIDGE COURT
MORTGAGE AMT: 315,200.00 CITY TOWNSHIP OF
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07746
UNPAID BALANCE: 314,954.110 OPTION TO CONVERT : No
MONTHLY P&I: 2,150.22 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080117088 MORTGAGORS: ATTKISSON, ROGER
ADDRESS : 1232 TANGERINE STREET
MORTGAGE AMT: 132,800.00 CITY EL CAJON
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92021
UNPAID BALANCE: 132,701.440 OPTION TO CONVERT : No
MONTHLY P&I: 928.56 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080117344 MORTGAGORS: PEREZ, JOSE
PEREZ, OTILIA
ADDRESS : 424 SELKIRK
MORTGAGE AMT: 264,000.00 CITY CORONA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 91720
UNPAID BALANCE: 263,314.260 OPTION TO CONVERT : No
MONTHLY P&I: 1,712.30 ANNUAL RATE ADJUST: 0.000
LTV : 94.98795 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080117401 MORTGAGORS: SELITRENNIKO, PATRICK
SELITRENNIKO, MELODY
ADDRESS : 8871 E HEATHERWOOD ROAD
MORTGAGE AMT: 284,950.00 CITY ANAHEIM HIL
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 92808
UNPAID BALANCE: 283,960.300 OPTION TO CONVERT : No
MONTHLY P&I: 1,848.19 ANNUAL RATE ADJUST: 0.000
LTV : 94.98650 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080117807 MORTGAGORS: KUNCE, MICHAEL
KUNCE, MARIANNE
ADDRESS : 2432 MARTES
MORTGAGE AMT: 600,000.00 CITY LA VERNE
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 CA 91750
UNPAID BALANCE: 600,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,792.41 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118011 MORTGAGORS: RATINOV, VLADIMIR
RATINOV, ELENA
ADDRESS : 11907 Reynolds Ave.
MORTGAGE AMT: 300,000.00 CITY ROCKVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 20854
UNPAID BALANCE: 299,754.090 OPTION TO CONVERT : No
MONTHLY P&I: 1,995.91 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118102 MORTGAGORS: BEGIN, RONALD
SPENCER, DAVID
ADDRESS : 880 CHINQUAPIN CREST DRIV
MORTGAGE AMT: 256,400.00 CITY HARWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 MD 20776
UNPAID BALANCE: 256,204.890 OPTION TO CONVERT : No
MONTHLY P&I: 1,770.90 ANNUAL RATE ADJUST: 0.000
LTV : 94.99815 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118185 MORTGAGORS: WISHART, KATHERINE
HERNDON, TODD
ADDRESS : 18304 REDBRIDGE COURT
MORTGAGE AMT: 281,600.00 CITY OLNEY
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 MD 20832
UNPAID BALANCE: 281,345.420 OPTION TO CONVERT : No
MONTHLY P&I: 1,779.91 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118193 MORTGAGORS: CHUMAKOV, KONSTANTIN
CHUMAKOV, EKATERINA
ADDRESS : 12626 CIRCLE DRIVE
MORTGAGE AMT: 376,000.00 CITY ROCKVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 20850
UNPAID BALANCE: 375,691.790 OPTION TO CONVERT : No
MONTHLY P&I: 2,501.54 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118227 MORTGAGORS: HARRISON, C
ADDRESS : 17 SKI HILL DRIVE
MORTGAGE AMT: 288,000.00 CITY BEDMINSTER
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 07921
UNPAID BALANCE: 287,775.330 OPTION TO CONVERT : No
MONTHLY P&I: 1,964.67 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118268 MORTGAGORS: SHIRTZ, JEFFREY
SHIRTZ, CONSTANCE
ADDRESS : 7 PHOENIX DRIVE
MORTGAGE AMT: 260,000.00 CITY MENDHAM BOR
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 NJ 07945
UNPAID BALANCE: 259,802.160 OPTION TO CONVERT : No
MONTHLY P&I: 1,795.76 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118342 MORTGAGORS: BUTLER, JOHN
GIBSON, AMANDA
ADDRESS : 5177 FULTON STREET
MORTGAGE AMT: 267,000.00 CITY WASHINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 DC 70016
UNPAID BALANCE: 267,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,821.41 ANNUAL RATE ADJUST: 0.000
LTV : 74.79000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118359 MORTGAGORS: FRANK, BRIAN
ADDRESS : 7480 BRANDONSHIRE RD
MORTGAGE AMT: 336,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30350
UNPAID BALANCE: 336,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,235.42 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118367 MORTGAGORS: IRWIN, WILLIAM
IRWIN, CHERYLE
ADDRESS : 8253 ROOKERY WAY
MORTGAGE AMT: 347,600.00 CITY WESTERVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 OH 43082
UNPAID BALANCE: 347,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,341.85 ANNUAL RATE ADJUST: 0.000
LTV : 79.91000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118375 MORTGAGORS: KALLAS, KEVIN
Kallas, Gail
ADDRESS : 4301 N. STOWELL AVENUE
MORTGAGE AMT: 296,250.00 CITY SHOREWOOD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WI 53211
UNPAID BALANCE: 296,250.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,020.95 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118383 MORTGAGORS: LOVE, ALLAN
LOVE, DIANNE
ADDRESS : 611 CAPE MCKINSEY DR
MORTGAGE AMT: 297,500.00 CITY SEVERNA PARK
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 MD 21146
UNPAID BALANCE: 297,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,029.47 ANNUAL RATE ADJUST: 0.000
LTV : 47.22000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118391 MORTGAGORS: MARTIN, SCOTT
MARTIN, MELISSA
ADDRESS : 6675 CLUB VALLEY CT
MORTGAGE AMT: 257,350.00 CITY SUWANEE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 GA 30024
UNPAID BALANCE: 256,744.200 OPTION TO CONVERT : No
MONTHLY P&I: 1,733.81 ANNUAL RATE ADJUST: 0.000
LTV : 71.49000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080118409 MORTGAGORS: PERKINS, W
PERKINS, MARY
ADDRESS : 4060 GLEN DEVON DRIVE
MORTGAGE AMT: 395,000.00 CITY ATLANTA
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 GA 30327
UNPAID BALANCE: 395,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,594.87 ANNUAL RATE ADJUST: 0.000
LTV : 79.80000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080119340 MORTGAGORS: MORIARTY, JOHN
MORIARTY, STEPHANIE
ADDRESS : 15534 OAKSTAND ROAD
MORTGAGE AMT: 364,000.00 CITY POWAY
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 92064
UNPAID BALANCE: 364,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,391.22 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080119373 MORTGAGORS: MITCHELL, DONALD
MITCHELL, LINDA
ADDRESS : 3391 JASMINE CREST
MORTGAGE AMT: 650,000.00 CITY ENCINITAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92024
UNPAID BALANCE: 650,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 4,324.47 ANNUAL RATE ADJUST: 0.000
LTV : 40.62500 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080119407 MORTGAGORS: HILGENDORF, KEN
MEYER, DARSI
ADDRESS : 1400 COMSTOCK AVENUE
MORTGAGE AMT: 500,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90025
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,368.59 ANNUAL RATE ADJUST: 0.000
LTV : 77.88162 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080119431 MORTGAGORS: CHAN, KEVIN
CHAN, CARMEN
ADDRESS : 541 WEST ST ANDREWS AVENU
MORTGAGE AMT: 336,000.00 CITY LA HABRA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 90631
UNPAID BALANCE: 336,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,263.69 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080119464 MORTGAGORS: MALKIN, MICHAEL
MALKIN, STEPHANIE
ADDRESS : 461 NORTH MANSFIELD AVENU
MORTGAGE AMT: 324,650.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90036
UNPAID BALANCE: 324,650.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,159.91 ANNUAL RATE ADJUST: 0.000
LTV : 64.93000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080119563 MORTGAGORS: VOGEL, DAVID
ADDRESS : 43 TOMAC AVENUE
MORTGAGE AMT: 583,500.00 CITY GREENWICH
:\
STATE/ZIP :\
LIFETIME RATE : 8.50000 CT 06870
UNPAID BALANCE: 583,146.520 OPTION TO CONVERT : No
MONTHLY P&I: 4,486.61 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 8.50000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:351
--------------------------------------------------------------------------------
LN # 0080120090 MORTGAGORS: PARKER, JEFFREY
PARKER, ANGIE
ADDRESS : 11720 SLEEPER AVE
MORTGAGE AMT: 278,350.00 CITY TUSTIN RANC
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92782
UNPAID BALANCE: 277,892.350 OPTION TO CONVERT : No
MONTHLY P&I: 1,851.87 ANNUAL RATE ADJUST: 0.000
LTV : 79.98793 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080120561 MORTGAGORS: SCHILLER, GARY
ADDRESS : 133 135 NORTH MANSFIELD A
MORTGAGE AMT: 612,000.00 CITY LOS ANGELES
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 90036
UNPAID BALANCE: 611,522.580 OPTION TO CONVERT : No
MONTHLY P&I: 4,174.92 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080121007 MORTGAGORS: HATHAwAY, JOHN
DANIELS, KATHI JO
ADDRESS : 11 COLONIAL COURT
MORTGAGE AMT: 344,000.00 CITY MONTGOMERY
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 NJ 08558
UNPAID BALANCE: 343,731.640 OPTION TO CONVERT : No
MONTHLY P&I: 2,346.69 ANNUAL RATE ADJUST: 0.000
LTV : 77.47748 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080121957 MORTGAGORS: INCIONG, AUGUSTO
INCIONG, MARIA LOUR
ADDRESS : 22781 BURLWOOD
MORTGAGE AMT: 259,000.00 CITY MISSION VIE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 92692
UNPAID BALANCE: 259,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,788.85 ANNUAL RATE ADJUST: 0.000
LTV : 56.92308 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080123649 MORTGAGORS: BERESTETSKY, STELLA
ZEPPELIN, GAYLE
ADDRESS : 27861 ENCANTO
MORTGAGE AMT: 268,000.00 CITY MISSION VIE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 92692
UNPAID BALANCE: 268,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,805.57 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080126972 MORTGAGORS: STREBIG, MARY
STREBIG, JAMES
ADDRESS : 450 EAST E STREET
MORTGAGE AMT: 245,974.00 CITY BENICIA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94510
UNPAID BALANCE: 245,579.410 OPTION TO CONVERT : No
MONTHLY P&I: 1,657.18 ANNUAL RATE ADJUST: 0.000
LTV : 95.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080127319 MORTGAGORS: ANGELES, JUANITO
ANGELES, ADELIA
ADDRESS : 116 VICTORY CIRCLE
MORTGAGE AMT: 358,500.00 CITY SAN RAMON
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94583
UNPAID BALANCE: 358,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,476.07 ANNUAL RATE ADJUST: 0.000
LTV : 76.27660 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080127384 MORTGAGORS: CORDREY, DAVID
CORDREY, MELINDA
ADDRESS : 4242 MESA STREET
MORTGAGE AMT: 312,000.00 CITY TORRANCE
:\
STATE/ZIP :\
LIFETIME RATE : 6.62500 CA 90505
UNPAID BALANCE: 312,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,997.77 ANNUAL RATE ADJUST: 0.000
LTV : 78.00000 OUTSIDE CONV DATE:
CURRENT INT 6.62500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080135171 MORTGAGORS: BAY, LESLIE
DUMONT, ARLENE
ADDRESS : 19 BENNETT DRIVE
MORTGAGE AMT: 240,000.00 CITY EAST QUOGUE
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 NY 11942
UNPAID BALANCE: 240,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,556.64 ANNUAL RATE ADJUST: 0.000
LTV : 75.35322 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138332 MORTGAGORS: HE, GANG
ZHANG, HAIYUN
ADDRESS : 3050 BLODGETT DR.
MORTGAGE AMT: 310,500.00 CITY Colorado Springs
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CO 80919
UNPAID BALANCE: 309,863.260 OPTION TO CONVERT : No
MONTHLY P&I: 2,013.90 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138340 MORTGAGORS: TANAKA, STEPHEN
TANAKA, AIDA
ADDRESS : 635 HUNTER RD.
MORTGAGE AMT: 460,000.00 CITY Glenview
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 IL 60025
UNPAID BALANCE: 459,622.930 OPTION TO CONVERT : No
MONTHLY P&I: 3,060.39 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138357 MORTGAGORS: DENNING, MICHAEL
ADDRESS : 1809 10TH AVE. EAST
MORTGAGE AMT: 355,000.00 CITY Seattle
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 WA 98102
UNPAID BALANCE: 354,444.450 OPTION TO CONVERT : No
MONTHLY P&I: 2,421.73 ANNUAL RATE ADJUST: 0.000
LTV : 42.49000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138373 MORTGAGORS: OWENS, JON
OWENS, LESLIE
ADDRESS : 3208 NW SPENCER ST.
MORTGAGE AMT: 300,000.00 CITY Portland
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 OR 97229
UNPAID BALANCE: 300,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,021.16 ANNUAL RATE ADJUST: 0.000
LTV : 74.07000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138449 MORTGAGORS: HITE, KENNETH
CSERVENYAK, CONSTANCE
ADDRESS : 3015 142ND PLACE NORTH EA
MORTGAGE AMT: 362,000.00 CITY Bellevue
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 WA 98007
UNPAID BALANCE: 362,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,378.08 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138472 MORTGAGORS: FISCHER, THOMAS
FISCHER, SUSAN
ADDRESS : 2103 OWEN FARM COURT
MORTGAGE AMT: 370,000.00 CITY Reisterstown
:\
STATE/ZIP :\
LIFETIME RATE : 6.37500 MD 21136
UNPAID BALANCE: 370,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,308.32 ANNUAL RATE ADJUST: 0.000
LTV : 79.57000 OUTSIDE CONV DATE:
CURRENT INT 6.37500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138514 MORTGAGORS: KEENEN, TERRENCE
L.KEENEN, JENNIFER
ADDRESS : 10920 EAST BUTHERUS DR.
MORTGAGE AMT: 350,000.00 CITY Scottsdale
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 AZ 85259
UNPAID BALANCE: 349,134.290 OPTION TO CONVERT : No
MONTHLY P&I: 2,328.56 ANNUAL RATE ADJUST: 0.000
LTV : 77.78000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 02/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138530 MORTGAGORS: KOTSCHWAR, LANCE
KOTSCHWAR, LINDA
ADDRESS : 1405 LAYMAN STREET
MORTGAGE AMT: 350,000.00 CITY Mc Lean
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 VA 22101
UNPAID BALANCE: 350,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,358.01 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138548 MORTGAGORS: SALLY, RONALD
SALLY, YVETTE
ADDRESS : 2084 CLERMONT ST.
MORTGAGE AMT: 279,000.00 CITY Denver
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CO 80207
UNPAID BALANCE: 279,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,856.19 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138563 MORTGAGORS: JONES, JOHN
JONES, MARTHA
ADDRESS : 6021 SWANSON CREEK LANE
MORTGAGE AMT: 253,600.00 CITY Hughesville
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 MD 20637
UNPAID BALANCE: 253,183.030 OPTION TO CONVERT : No
MONTHLY P&I: 1,687.21 ANNUAL RATE ADJUST: 0.000
LTV : 79.75000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138589 MORTGAGORS: GOLDSBY, AUBREY
GOLDSBY, JILL
ADDRESS : 5586 178TH AVE. SE
MORTGAGE AMT: 360,000.00 CITY Bellevue
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 WA 98006
UNPAID BALANCE: 359,408.100 OPTION TO CONVERT : No
MONTHLY P&I: 2,395.09 ANNUAL RATE ADJUST: 0.000
LTV : 67.29000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 03/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138605 MORTGAGORS: HENNESSEY, C.
ADDRESS : 9745 RALEIGH STREET
MORTGAGE AMT: 344,000.00 CITY Westminster
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CO 80030
UNPAID BALANCE: 344,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,317.59 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080138621 MORTGAGORS: SHEFFIELD, KENNETH
ADDRESS : 555 WILSON AVENUE
MORTGAGE AMT: 310,450.00 CITY NOVATO
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 94947
UNPAID BALANCE: 310,450.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,091.56 ANNUAL RATE ADJUST: 0.000
LTV : 62.09000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139157 MORTGAGORS: LIM, GREG
HONG, SAVINA
ADDRESS : 3699 SUNSET DRIVE
MORTGAGE AMT: 300,000.00 CITY SAN BRUNO
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94066
UNPAID BALANCE: 299,765.970 OPTION TO CONVERT : No
MONTHLY P&I: 2,046.53 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139256 MORTGAGORS: PANCHANATHAN, GOPALAN
GOPALAN, SHOBA
ADDRESS : 16265 AVENIDA SAN MIGUEL
MORTGAGE AMT: 332,800.00 CITY LA MIRADA
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 90638
UNPAID BALANCE: 332,800.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,214.13 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139306 MORTGAGORS: HOLLANDSWORT, ERIN
ADEL, ROBYN
ADDRESS : 736 GOULD AVENUE
MORTGAGE AMT: 328,000.00 CITY HERMOSA BEA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90254
UNPAID BALANCE: 328,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,265.41 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139322 MORTGAGORS: MOSS, JAY
MOSS, DIANA
ADDRESS : 4515 KINGSWOOD DRIVE
MORTGAGE AMT: 700,000.00 CITY DANVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CA 94506
UNPAID BALANCE: 698,820.460 OPTION TO CONVERT : No
MONTHLY P&I: 4,598.51 ANNUAL RATE ADJUST: 0.000
LTV : 54.90196 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:103
--------------------------------------------------------------------------------
LN # 0080139389 MORTGAGORS: HOLSCHER, TIM
MC NAMARA HO, AMY
ADDRESS : 9737 LAKE HELIX TERRACE
MORTGAGE AMT: 500,000.00 CITY LA MESA
:\
STATE/ZIP :\
LIFETIME RATE : 6.75000 CA 91941
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,242.99 ANNUAL RATE ADJUST: 0.000
LTV : 78.74016 OUTSIDE CONV DATE:
CURRENT INT 6.75000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139405 MORTGAGORS: GUGGENHEIM, ALAN
GUGGENHEIM, SUZANNE
ADDRESS : 8820 AZUL CIRCLE
MORTGAGE AMT: 396,000.00 CITY WEST HILLS
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 91304
UNPAID BALANCE: 396,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,634.60 ANNUAL RATE ADJUST: 0.000
LTV : 90.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139413 MORTGAGORS: STRONG, DAVID
ADDRESS : 15326 SOUTH SILVERPOINT C
MORTGAGE AMT: 304,000.00 CITY BLUFFDALE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 UT 84065
UNPAID BALANCE: 304,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,073.82 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139439 MORTGAGORS: ALTSHULER, ERIC
ALTSHULER, NINA
ADDRESS : 852 AVENUE B
MORTGAGE AMT: 274,350.00 CITY REDONDO BEA
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 90277
UNPAID BALANCE: 274,350.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,894.87 ANNUAL RATE ADJUST: 0.000
LTV : 70.34615 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139454 MORTGAGORS: NGUYEN, PHUOC
ADDRESS : 5038 MONTREAL DRIVE
MORTGAGE AMT: 264,750.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 95130
UNPAID BALANCE: 264,750.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,783.67 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139470 MORTGAGORS: AITKEN, EDWARD
AITKEN, VALERIE
ADDRESS : 61 GINGHAM STREET
MORTGAGE AMT: 261,000.00 CITY TRABUCO CAN
:\
STATE/ZIP :\
LIFETIME RATE : 7.50000 CA 92679
UNPAID BALANCE: 261,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,824.95 ANNUAL RATE ADJUST: 0.000
LTV : 70.54054 OUTSIDE CONV DATE:
CURRENT INT 7.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139488 MORTGAGORS: MCGEE, JAMES
MCGEE, GLENDA
ADDRESS : 13195 TRAILS END COURT
MORTGAGE AMT: 261,600.00 CITY MANASSAS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 20112
UNPAID BALANCE: 261,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,784.57 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139520 MORTGAGORS: MANSOIR, SALIM
ADDRESS : 2724 OCTAVIA ST.
MORTGAGE AMT: 303,200.00 CITY San Francisco
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94123
UNPAID BALANCE: 303,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,068.36 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139546 MORTGAGORS: GIBLIN, DAVID
GIBLIN, JO
ADDRESS : 1406 ROSEWOOD HILL DR.
MORTGAGE AMT: 310,700.00 CITY Vienna
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 VA 22182
UNPAID BALANCE: 310,700.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,119.52 ANNUAL RATE ADJUST: 0.000
LTV : 79.06000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139595 MORTGAGORS: GARRETT, LINDA
ADDRESS : 63 CREEKVIEW CIRCLE
MORTGAGE AMT: 419,700.00 CITY Larkspur
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94939
UNPAID BALANCE: 419,700.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,898.76 ANNUAL RATE ADJUST: 0.000
LTV : 65.58000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139645 MORTGAGORS: MUELLER, JOHN
MUELLER, JUDITH
ADDRESS : 5599 GOLD CREEK DRIVE
MORTGAGE AMT: 318,000.00 CITY CASTRO VALL
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94552
UNPAID BALANCE: 318,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,196.35 ANNUAL RATE ADJUST: 0.000
LTV : 79.50000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139660 MORTGAGORS: FARCICH, JOHN
FARCICH, LOUISE
ADDRESS : 393 BEVERLY DR.
MORTGAGE AMT: 397,500.00 CITY San Carlos
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94070
UNPAID BALANCE: 397,500.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,711.65 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139686 MORTGAGORS: HANS, ELLEN
HANS, KEVIN
ADDRESS : 6412 22ND RD. NORTH
MORTGAGE AMT: 252,000.00 CITY Arlington
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 VA 22205
UNPAID BALANCE: 252,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,655.46 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139702 MORTGAGORS: SHEEKS, RAYMOND
SHEEKS, AMY
ADDRESS : 9972 SAGE CIRCLE
MORTGAGE AMT: 303,200.00 CITY Fountain Valley
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92708
UNPAID BALANCE: 303,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,017.20 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139785 MORTGAGORS: VANS, VICTORIA
ADDRESS : 1960 PONCHA COURT
MORTGAGE AMT: 500,000.00 CITY Larkspur
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 CO 80118
UNPAID BALANCE: 500,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,284.64 ANNUAL RATE ADJUST: 0.000
LTV : 63.29000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139835 MORTGAGORS: SPECTOR, JOEL
ADDRESS : 6520 W. 106TH STREET
MORTGAGE AMT: 334,000.00 CITY Overland Park
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 KS 66212
UNPAID BALANCE: 334,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,222.11 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139850 MORTGAGORS: MATHEUS, FRANCISCO
MORENA, GIOVANNA
ADDRESS : 13332 MANOR STONE DRIVE
MORTGAGE AMT: 390,000.00 CITY Germantown
:\
STATE/ZIP :\
LIFETIME RATE : 6.87500 MD 20874
UNPAID BALANCE: 390,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,562.02 ANNUAL RATE ADJUST: 0.000
LTV : 67.24000 OUTSIDE CONV DATE:
CURRENT INT 6.87500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139868 MORTGAGORS: ESMAY, ROBERT
ESMAY, ELIZABETH
ADDRESS : 12976 CLIFTON CREEK DRIVE
MORTGAGE AMT: 280,000.00 CITY CENTREVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 VA 22042
UNPAID BALANCE: 280,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,933.89 ANNUAL RATE ADJUST: 0.000
LTV : 72.73000 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080139926 MORTGAGORS: CHARLES, ANDREW
ADDRESS : 22833 SW MOUNTAIN RD.
MORTGAGE AMT: 887,500.00 CITY West Linn
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 OR 97068
UNPAID BALANCE: 881,747.950 OPTION TO CONVERT : No
MONTHLY P&I: 6,054.31 ANNUAL RATE ADJUST: 0.000
LTV : 59.17000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 11/01/28
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080140312 MORTGAGORS: CUNNINGHAM, LANCE
ADDRESS : 1701 LAS LUNAS STREET
MORTGAGE AMT: 284,000.00 CITY PASADENA
:\
STATE/ZIP :\
LIFETIME RATE : 7.12500 CA 91106\ UNPAID BALANCE:
283,772.890 OPTION TO CONVERT : No
MONTHLY P&I: 1,913.36 ANNUAL RATE ADJUST: 0.000
LTV : 86.06061 OUTSIDE CONV DATE:
CURRENT INT 7.12500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080140387 MORTGAGORS: NGUYEN, VINCENT
TRUONG, CHRISTINE
ADDRESS : 8309 MARSHALL STREET
MORTGAGE AMT: 260,000.00 CITY ROSEMEAD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 91770
UNPAID BALANCE: 259,797.170 OPTION TO CONVERT : No
MONTHLY P&I: 1,773.66 ANNUAL RATE ADJUST: 0.000
LTV : 78.78788 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080140395 MORTGAGORS: HA, THIEU
LEHA, KELLY
ADDRESS : 327 CARLTON AVENUE
MORTGAGE AMT: 492,000.00 CITY LOS GATOS
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95032
UNPAID BALANCE: 491,616.190 OPTION TO CONVERT : No
MONTHLY P&I: 3,356.31 ANNUAL RATE ADJUST: 0.000
LTV : 67.39726 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080140445 MORTGAGORS: EDWARDS, DAVID
EDWARDS, JAN
ADDRESS : 500 BAY HILL ROAD
MORTGAGE AMT: 450,000.00 CITY HALF MOON B
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94019
UNPAID BALANCE: 450,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 3,108.04 ANNUAL RATE ADJUST: 0.000
LTV : 37.65690 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080140452 MORTGAGORS: ANDRES, BERNARD
ANDRES, DULCIE
ADDRESS : 572 ROLLING HILLS LANE
MORTGAGE AMT: 305,600.00 CITY DANVILLE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 94526
UNPAID BALANCE: 305,361.600 OPTION TO CONVERT : No
MONTHLY P&I: 2,084.73 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080140585 MORTGAGORS: CABREROS, CESAR
CABREROS, CARMELA
ADDRESS : 4031 BOUQUET PARK LANE
MORTGAGE AMT: 412,500.00 CITY SAN JOSE
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95135
UNPAID BALANCE: 412,178.210 OPTION TO CONVERT : No
MONTHLY P&I: 2,813.98 ANNUAL RATE ADJUST: 0.000
LTV : 75.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080140981 MORTGAGORS: BOYD, RANDAL
BOYD, LINDA
ADDRESS : 14046 SOUTH OSBORN LANE
MORTGAGE AMT: 279,000.00 CITY DRAPER
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 UT 84020
UNPAID BALANCE: 278,782.360 OPTION TO CONVERT : No
MONTHLY P&I: 1,903.27 ANNUAL RATE ADJUST: 0.000
LTV : 81.57895 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080141039 MORTGAGORS: LUKA, DAVID
LUKA, KATERI
ADDRESS : 1925 SUNSET LANE
MORTGAGE AMT: 287,900.00 CITY FULLERTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92833
UNPAID BALANCE: 287,675.410 OPTION TO CONVERT : No
MONTHLY P&I: 1,963.99 ANNUAL RATE ADJUST: 0.000
LTV : 79.99444 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080141211 MORTGAGORS: KAYE, ANTHONY
WRIGHT, ELIZABETH
ADDRESS : 180 NORTH VIRGINIA STREET
MORTGAGE AMT: 337,600.00 CITY SALT LAKE C
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 UT 84103
UNPAID BALANCE: 337,600.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,303.03 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080141229 MORTGAGORS: KENHART, LESLIE
ADDRESS : 5491 DIANE WAY
MORTGAGE AMT: 246,500.00 CITY SANTA ROSA
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95409
UNPAID BALANCE: 246,307.710 OPTION TO CONVERT : No
MONTHLY P&I: 1,681.56 ANNUAL RATE ADJUST: 0.000
LTV : 72.50000 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080141245 MORTGAGORS: BALAJI, RAVISHANKA
RAVISHANKAR, LILANTHI
ADDRESS : 1064 MOFFETT CIRCLE
MORTGAGE AMT: 504,000.00 CITY PALO ALTO
:\
STATE/ZIP :\
LIFETIME RATE : 7.37500 CA 94303
UNPAID BALANCE: 503,616.500 OPTION TO CONVERT : No
MONTHLY P&I: 3,481.00 ANNUAL RATE ADJUST: 0.000
LTV : 74.66667 OUTSIDE CONV DATE:
CURRENT INT 7.37500 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080142763 MORTGAGORS: REINSMA, DAVID
REINSMA, DANA
ADDRESS : 1790 30TH AVENUE
MORTGAGE AMT: 279,550.00 CITY SANTA CRUZ
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 95062
UNPAID BALANCE: 279,112.520 OPTION TO CONVERT : No
MONTHLY P&I: 1,907.03 ANNUAL RATE ADJUST: 0.000
LTV : 79.99004 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080143175 MORTGAGORS: BONAR, GORDON
BONAR, JANET
ADDRESS : 17402 CORONADO LANE
MORTGAGE AMT: 245,260.00 CITY HUNTINGTON
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92647
UNPAID BALANCE: 245,260.000 OPTION TO CONVERT : No
MONTHLY P&I: 1,631.72 ANNUAL RATE ADJUST: 0.000
LTV : 62.09114 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080143415 MORTGAGORS: TORO, FERNANDO
ADDRESS : 2182 AVENIDA TORONJA
MORTGAGE AMT: 265,750.00 CITY CARLSBAD
:\
STATE/ZIP :\
LIFETIME RATE : 7.25000 CA 92009
UNPAID BALANCE: 265,334.110 OPTION TO CONVERT : No
MONTHLY P&I: 1,812.89 ANNUAL RATE ADJUST: 0.000
LTV : 76.05286 OUTSIDE CONV DATE:
CURRENT INT 7.25000 MATURITY DATE: 04/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080143720 MORTGAGORS: CLARK, MARK
CLARK, BILLIE
ADDRESS : 6690 EASTLEIGH CIRCLE
MORTGAGE AMT: 413,200.00 CITY SUWANEE
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 GA 30024
UNPAID BALANCE: 413,200.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,749.03 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080145832 MORTGAGORS: NGUYEN, CUNG
NGUYEN, LAN
ADDRESS : 940 PANORAMA DRIVE
MORTGAGE AMT: 426,000.00 CITY ARCADIA
:\
STATE/ZIP :\
LIFETIME RATE : 6.50000 CA 91007
UNPAID BALANCE: 426,000.000 OPTION TO CONVERT : No
MONTHLY P&I: 2,692.61 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 6.50000 MATURITY DATE: 06/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
LN # 0080151053 MORTGAGORS: MOSBACH, DAVID
MOSBACH, JOAN
ADDRESS : 775 SOUTH CANYON MIST LAN
MORTGAGE AMT: 464,000.00 CITY ANAHEIM
:\
STATE/ZIP :\
LIFETIME RATE : 7.00000 CA 92807
UNPAID BALANCE: 463,619.660 OPTION TO CONVERT : No
MONTHLY P&I: 3,087.01 ANNUAL RATE ADJUST: 0.000
LTV : 80.00000 OUTSIDE CONV DATE:
CURRENT INT 7.00000 MATURITY DATE: 05/01/29
RATE:
- ---------------------------------------------------------------------------------------------------------------PRODUCT
CODE:102
--------------------------------------------------------------------------------
**** PAGE TOTALS NUM OF LOANS: 1478 LOAN AMT: 499,015,
**** 985.81
P & I AMT: 3,383, UPB AMT: 498,750,
676.02 715.74
**** GRAND TOTALS NUM OF LOANS: 1477 LOAN AMT: 499,015,985.81
****
P & I AMT: 3,383,676.02 UPB AMT: 498,750,715.74
</TABLE>
<PAGE>
EXHIBIT D
FORM OF SERVICER'S CERTIFICATE
________________, ______
(month) (year)
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC Mortgage Pass-Through Certificates,
Series 1999-13
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company"),
and State Street Bank and Trust Company (the "Trustee"), governing the
Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
A. Mortgage Loan Information:
(1) Aggregate Scheduled Monthly Payments:
(a) Principal $________
(b) Interest $________
(c) Total $________
(2) Aggregate Monthly Payments received and Monthly Advances made
this Month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(3) Aggregate Principal Prepayments in part received and applied in
the applicable Prepayment Period:
(a) Principal $________
(b) Interest $________
(c) Total $________
(4) Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $________
(b) Interest $________
(c) Total $________
(5) Aggregate Insurance Proceeds (including purchases of Mortgage
Loans by primary mortgage insurers) for prior month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(6) Aggregate Liquidation Proceeds for prior month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(7) Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $________
(b) Interest $________
(c) Total $________
(8) Aggregate Purchase Prices (and substitution adjustments) for
Defective Mortgage Loans:
(a) Principal $________
(b) Interest $________
(c) Total $________
(9) Pool Scheduled Principal Balance: $________
(10) Available Funds: $________
(11) Realized Losses for prior month: $________
(12) Aggregate Realized Losses and Debt Service Reductions:
(a) Deficient Valuations $________
(b) Special Hazard Losses $________
(c) Fraud Losses $________
(d) Excess Bankruptcy Losses $________
(i) Debt Service Reductions $________
(ii) Deficient Valuations $________
(e) Excess Special Hazard Losses $________
(f) Excess Fraud Losses $________
(g) Debt Service Reductions $________
(13) Compensating Interest Payment: $________
(14) Accrued Certificate Interest, Unpaid Class Interest Shortfalls
and Pay-out Rate:
Class A1 $__________ $__________ ____%
Class A2 $__________ $__________ ____%
Class A3 $__________ $__________ ____%
Class A4 $__________ $__________ ____%
Class A5 $__________ $__________ ____%
Class A6 $__________ $__________ ____%
Class A7 $__________ $__________ ____%
Class A8 $__________ $__________ ____%
Class A9 $__________ $__________ ____%
Class A10 $__________ $__________ ____%
Class A11 $__________ $__________ ____%
Class A12 $__________ $__________ ____%
Class A13 $__________ $__________ ____%
Class A15 $__________ $__________ ____%
Class A16 $__________ $__________ ____%
Class A17 $__________ $__________ ____%
Class M $__________ $__________ ____%
Class B1 $__________ $__________ ____%
Class B2 $__________ $__________ ____%
Class B3 $__________ $__________ ____%
Class B4 $__________ $__________ ____%
Class B5 $__________ $__________ ____%
Class R $__________ $__________ ____%
Class S $__________ $__________ ____%
(15) Accrual amount:
N/A
(16) Principal distributable:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class A16 $__________
Class A17 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
(17) Additional distributions to the Class R Certificate pursuant to
Section 4.01(b):
Class R $__________
(18) Certificate Interest Rate of:
Class A2 Certificates __________%
Class A4 Certificates __________%
Class S Certificates __________%
(19) Distributions Allocable to Unanticipated Recoveries:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class A16 $__________
Class A17 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
B. Other Amounts:
1. Senior Percentage for such Distribution Date: _____________%
2. Senior Prepayment Percentage for such Distribution Date:
_____________%
3. Junior Percentage for such Distribution Date: _____________%
4. Junior Prepayment Percentage for such Distribution Date:
_____________%
5. Class A3 Percentage for such Distribution Date: _____________%
6. Class A3 Prepayment Distribution Percentage for such Distribution
Date: _____________%
7. Subordinate Certificate Writedown Amount for such Distribution
Date: $_____________
8. Prepayment Distribution Triggers satisfied: Yes No
--- --
Class B1 _____ _____
Class B2 _____ _____
Class B3 _____ _____
Class B4 _____ _____
Class B5 _____ _____
9. Servicing Fee: $_____________
Capitalized terms used in this Certificate shall have the same meanings as
in the Agreement.
<PAGE>
EXHIBIT E
FORM OF TRANSFER CERTIFICATE AS TO ERISA MATTERS FOR
DEFINITIVE ERISA-RESTRICTED CERTIFICATES
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
Boston, Massachusetts 02110
[NAME OF OFFICER] ______________________ hereby certifies that:
1. That he [she] is [title of officer] ___________________________________
of [name of Investor] _______________________________________ (the "Investor"),
a __________ ______________________ [description of type of entity] duly
organized and existing under the laws of the [State of ____________] [United
States], on behalf of which he [she] makes this affidavit.
2. The Investor (i) is not, and on ________________ [insert date of
transfer of Certificate to Investor] will not be, and on such date will not be
investing the assets of, an employee benefit plan subject to the Employee
Retirement Income Security Act of 1974, as amended ("ERISA"), or a plan subject
to Section 4975 of the Code or (ii) is an insurance company investing assets of
its general account and the exemptions provided by Section III(a) of Department
of Labor Prohibited Transaction Class Exemption 95-60, 60 Fed. Reg. 35925 (July
12, 1995) (the "Exemptions") apply to the Investor's acquisition and holding of
any ERISA-Restricted Certificate. All capitalized terms used and not defined in
this certificate shall have the meanings ascribed thereto in the Agreement
referred to in paragraph 3 hereof.
3. The Investor hereby acknowledges that under the terms of the Pooling and
Servicing Agreement (the "Agreement") between State Street Bank and Trust
Company, as Trustee and GE Capital Mortgage Services, Inc., dated as of June 1,
1999, no transfer of any ERISA-Restricted Certificate shall be permitted to be
made to any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that (x) such transferee is not an employee benefit
plan subject to ERISA or a plan subject to Section 4975 of the Code (a "Plan")
or a Person that is using the assets of a Plan to acquire any such Certificate
or (y) such transferee is an insurance company investing assets of its general
account and the Exemptions apply to such transferee's acquisition and holding of
any such Certificate or (ii) an opinion of counsel satisfactory to the Trustee
and the Company to the effect that the purchase and holding of any such
Certificate will not constitute or result in the assets of the Trust Fund
created by the Agreement being deemed to be "plan assets" subject to the
prohibited transaction provisions of ERISA or Section 4975 of the Code and will
not subject the Trustee or the Company to any obligation in addition to those
undertaken in the Agreement (provided, however, that the Trustee will not
require such certificate or opinion in the event that, as a result of change of
law or otherwise, counsel satisfactory to the Trustee has rendered an opinion to
the effect that the purchase and holding of any such Certificate by a Plan or a
Person that is purchasing or holding any such Certificate with the assets of a
Plan will not constitute or result in a prohibited transaction under ERISA or
Section 4975 of the Code).
[4. The ERISA-Restricted Certificates shall be registered in the name of
______________________________________________ as nominee for the Investor.]
IN WITNESS WHEREOF, the Investor has caused this instrument to be executed on
its behalf, pursuant to authority of its Board of Directors, by its [title of
officer] __________________ and its corporate seal to be hereunder attached,
attested by its [Assistant] Secretary, this ____ day of _________, 199_.
_______________________________________
[name of Investor]
By:____________________________________
Name:
Title:
The undersigned hereby
acknowledges that it is holding
and will hold the ERISA-Restricted
Certificates at the exclusive
direction of and as nominee of
the Investor named above.
_______________________________
[name of nominee]
By:____________________________
Name:
Title:
<PAGE>
EXHIBIT F
FORM OF RESIDUAL CERTIFICATE TRANSFEREE AFFIDAVIT
STATE OF )
) ss.:
COUNTY OF )
[NAME OF OFFICER], _________________ being first duly sworn, deposes and says:
1. That he [she] 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 [she] 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") and will not be a "disqualified organization" as of [date of
transfer], and that the Purchaser is not acquiring a Residual Certificate (as
defined below) 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 federal income tax unless such organization is subject to
the tax on unrelated business income imposed by Code Section 511. As used
herein, "Residual Certificate" means any Certificate designated as a "Class R
Certificate" of GE Capital Mortgage Services, Inc.'s REMIC Mortgage Pass-Through
Certificates, Series 1999-13.
4. That the Purchaser is not, and on __________ [insert date of transfer of
Residual Certificate to Purchaser] will not be, and is not and on such date will
not be investing the assets of, an employee benefit plan subject to the Employee
Retirement Income Security Act of 1974, as amended ("ERISA"), or a plan subject
to Code Section 4975 or a person or entity that is using the assets of any
employee benefit plan or other plan to acquire a Residual Certificate.
5. That the Purchaser hereby acknowledges that under the terms of the
Pooling and Servicing Agreement (the "Agreement") between State Street Bank and
Trust Company, as Trustee, and GE Capital Mortgage Services, Inc., dated as of
June 1, 1999, no transfer of the Residual Certificates shall be permitted to be
made to any person unless the Trustee has received a certificate from such
transferee to the effect that such transferee is not an employee benefit plan
subject to ERISA or a plan subject to Section 4975 of the Code and is not using
the assets of any employee benefit plan or other plan to acquire Residual
Certificates.
6. That the Purchaser does not hold REMIC residual securities as nominee to
facilitate the clearance and settlement of such securities through electronic
book-entry changes in accounts of participating organizations (such entity, a
"Book-Entry Nominee").
7. That the Purchaser does not have the intention to impede the assessment
or collection of any federal, state or local taxes legally required to be paid
with respect to such Residual Certificate.
8. That the Purchaser will not transfer a Residual Certificate to any
person or entity (i) as to which the Purchaser has actual knowledge that the
requirements set forth in paragraph 3, paragraph 6 or paragraph 10 hereof are
not satisfied or that the Purchaser has reason to believe does not satisfy the
requirements set forth in paragraph 7 hereof, and (ii) without obtaining from
the prospective Purchaser an affidavit substantially in this form and providing
to the Trustee a written statement substantially in the form of Exhibit G to the
Agreement.
9. That the Purchaser understands that, as the holder of a Residual
Certificate, the Purchaser may incur tax liabilities in excess of any cash flows
generated by the interest and that it intends to pay taxes associated with
holding such Residual Certificate as they become due.
10. That the Purchaser (i) is not a Non-U.S. Person or (ii) is a Non-U.S.
Person that holds a Residual 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 such
Residual Certificate to it is in accordance with the requirements of the Code
and the regulations promulgated thereunder and that such transfer of a Residual
Certificate will not be disregarded for federal income tax purposes. "Non-U.S.
Person" means an individual, corporation, partnership or other person other than
(i) a citizen or resident of the United States; (ii) a corporation (or entity
treated as a corporation for tax purposes) created or organized in the United
States or under the laws of the United States or of any state thereof,
including, for this purpose, the District of Columbia; (iii) a partnership (or
entity treated as a partnership for tax purposes) organized in the United States
or under the laws of the United States or of any state thereof, including, for
this purpose, the District of Columbia (unless provided otherwise by future
Treasury regulations); (iv) an estate whose income is includible in gross income
for United States income tax purposes regardless of its source; or (v) a trust,
if a court within the United States is able to exercise primary supervision over
the administration of the trust and one or more U.S. Persons have authority to
control all substantial decisions of the trust. Notwithstanding the last clause
of the preceding sentence, to the extent provided in Treasury regulations,
certain trusts in existence on August 20, 1996, and treated as U.S. Persons
prior to such date, may elect to continue to be U.S. Persons.
11. 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 any Residual Certificate to such a "disqualified organization," an
agent thereof, a Book-Entry Nominee, or a person that does not satisfy the
requirements of paragraph 7 and paragraph 10 hereof.
12. That the Purchaser consents to the designation of the Company as its
agent to act as "tax matters person" of the Trust Fund, pursuant to the Pooling
and Servicing Agreement.
<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:
Title:
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 G
[LETTER FROM TRANSFEROR OF RESIDUAL CERTIFICATE]
___________________
Date
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
8th Floor
Boston, Massachusetts 02110
Re: GE Capital Mortgage Services, Inc.
REMIC Mortgage Pass-Through
Certificates, Series 1999-13
----------------------------
Ladies and Gentlemen:
_______________________ (the "Transferor") has reviewed the attached
affidavit of _____________________________ (the "Transferee"), and has no actual
knowledge that such affidavit is not true and has no reason to believe that the
information contained in paragraph 7 thereof is not true, and has no reason to
believe that the Transferee has the intention to impede the assessment or
collection of any federal, state or local taxes legally required to be paid with
respect to a Residual Certificate. In addition, the Transferor has conducted a
reasonable investigation at the time of the transfer and found that the
Transferee had historically paid its debts as they came due and found no
significant evidence to indicate that the Transferee will not continue to pay
its debts as they become due.
Very truly yours,
_______________________________
Name:
Title:
<PAGE>
EXHIBIT H
ADDITIONAL SERVICER COMPENSATION
QUALIFIED ADMINISTRATIVE EXPENSES
(Conventional, Non-Conforming Loans)
Assumption Fees $550 - $800
Late Charges Per Loan Documents
Appraisal/Inspection Fees Reasonable and Customary Charges
Partial Release Fees $300
Easements $150
Insufficient Funds Charges $15
Document Requests (copies of loan file
documents, additional pay-off quotations,
amortization schedules, payment histories) $0
Modification Fees Reasonable and Customary Charges
<PAGE>
EXHIBIT I
FORM OF INVESTMENT LETTER FOR
DEFINITIVE RESTRICTED CERTIFICATES
_____________________
Date
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
8th Floor
Boston, Massachusetts 02110
Re: GE Capital Mortgage Services, Inc.
REMIC Mortgage Pass Through
Certificates, Series 1999-13
----------------------------
Ladies and Gentlemen:
1. The undersigned, a [title of officer] _______________ of [name of
Investor] _________________________________________ (the "Investor"), a
______________ ___________________ [description of type of entity] duly
organized and existing under the laws of the [State of __________________]
[United States], hereby certifies as follows:
2. The Investor hereby acknowledges that under the terms of the Pooling and
Servicing Agreement between State Street Bank and Trust Company, as Trustee, and
GE Capital Mortgage Services, Inc. (the "Company"), dated as of June 1, 1999
(the "Agreement"), no transfer of a Restricted Certificate may be made unless
such transfer is exempt from the registration requirements of the Securities Act
of 1933, as amended (the "Securities Act"), and any applicable state securities
laws, or is made in accordance with the Securities Act and such laws.
3. The Investor understands that (a) the Restricted Certificates have not
been and will not be registered or qualified under the Securities Act, or the
securities laws of any state, (b) neither the Company nor the Trustee is
required, and neither intends, to so register or qualify the Restricted
Certificates, (c) the Restricted Certificates cannot be resold unless (i) they
are registered and qualified under the Securities Act and the applicable state
securities laws or (ii) such sale is exempt from the requirements of the
Securities Act, (d) the Agreement contains restrictions regarding the transfer
of the Restricted Certificates and (e) the Restricted Certificates will bear a
legend to the foregoing effect.
4. The Investor is acquiring the Restricted Certificates for its own
account for investment only and not with a view to or for sale or other transfer
in connection with any distribution of the Restricted Certificates in any manner
that would violate the Securities Act or any applicable state securities laws.
5. The Investor (a) is a substantial, sophisticated institutional investor
having such knowledge and experience in financial and business matters, and in
particular in such matters related to securities similar to the Restricted
Certificates, such that it is capable of evaluating the merits and risks of
investment in the Restricted Certificates, (b) is able to bear the economic
risks of such an investment and (c) is an "accredited investor" within the
meaning of Rule 501(a)(1), (2), (3) or (7) promulgated pursuant to the
Securities Act.
6. The Investor will not authorize nor has it authorized any person to (a)
offer, pledge, sell, dispose of or otherwise transfer any Restricted
Certificate, any interest in any Restricted Certificate or any other similar
security to any person in any manner, (b) solicit any offer to buy or to accept
a pledge, disposition or other transfer of any Restricted Certificate, any
interest in any Restricted Certificate or any other similar security from any
person in any manner, (c) otherwise approach or negotiate with respect to any
Restricted Certificate, any interest in any Restricted Certificate or any other
similar security with any person in any manner, (d) make any general
solicitation by means of general advertising or in any other manner, or (e) take
any other action that would constitute a distribution of any Restricted
Certificate under the Securities Act, that would render the disposition of any
Restricted Certificate a violation of Section 5 of the Securities Act or any
state securities law, or that could require registration or qualification
pursuant thereto. Neither the Investor nor anyone acting on its behalf has
offered the Restricted Certificates for sale or made any general solicitation by
means of general advertising or in any other manner with respect to the
Restricted Certificates. The Investor will not sell or otherwise transfer any of
the Restricted Certificates, except in compliance with the provisions of the
Agreement.
7. If an Investor in a Restricted Certificate sells or otherwise transfers
any such Certificate to a transferee other than a "qualified institutional
buyer" under Rule 144A of the Securities Act, such Investor will obtain (a) from
any subsequent purchaser the same certifications, representations, warranties
and covenants contained in the foregoing paragraphs and in this paragraph or (b)
an opinion of counsel in form and substance satisfactory to the Trustee pursuant
to the Agreement.
8. The Investor hereby indemnifies the Trustee and the Company against any
liability that may result if the Investor's transfer of a Restricted Certificate
(or any portion thereof) is not exempt from the registration requirements of the
Securities Act and any applicable state securities laws or is not made in
accordance with such federal and state laws. Such indemnification of the Trustee
and the Company shall survive the termination of the Agreement.
[9. The Restricted Certificates shall be registered in the name of
_____________________________ as nominee for the Investor.]
IN WITNESS WHEREOF, the Investor 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 Investor]
By:______________________________
Name:
Title:
The undersigned hereby acknowledges that it is holding and will hold the
Restricted Certificates at the exclusive direction of and as nominee of the
Investor named above.
______________________________
[name of nominee]
By:__________________________
Name:
Title:
<PAGE>
EXHIBIT J
FORM OF DISTRIBUTION DATE STATEMENT
_________________, ______
(month) (year)
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC Mortgage Pass-Through Certificates,
Series 1999-13
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company"),
and State Street Bank and Trust Company (the "Trustee"), governing the
Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
The amounts below are for a Single Certificate of $1,000:
(1) Amount of distribution allocable to principal:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class A16 $__________
Class A17 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
(2) Aggregate principal prepayments included in distribution:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class A16 $__________
Class A17 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
(3) Amount of distribution allocable to interest; Pay-out Rate:
Class A1 $__________ ____%
Class A2 $__________ ____%
Class A3 $__________ ____%
Class A4 $__________ ____%
Class A5 $__________ ____%
Class A6 $__________ ____%
Class A7 $__________ ____%
Class A8 $__________ ____%
Class A9 $__________ ____%
Class A10 $__________ ____%
Class A11 $__________ ____%
Class A12 $__________ ____%
Class A13 $__________ ____%
Class A15 $__________ ____%
Class A16 $__________ ____%
Class A17 $__________ ____%
Class M $__________ ____%
Class B1 $__________ ____%
Class B2 $__________ ____%
Class B3 $__________ ____%
Class B4 $__________ ____%
Class B5 $__________ ____%
Class R $__________ ____%
Class S $__________ ____%
(4) Accrual Amount:
N/A
(5) Amount of distribution allocable to Unanticipated Recoveries:
Class A1 $__________ ____%
Class A2 $__________ ____%
Class A3 $__________ ____%
Class A4 $__________ ____%
Class A5 $__________ ____%
Class A6 $__________ ____%
Class A7 $__________ ____%
Class A8 $__________ ____%
Class A9 $__________ ____%
Class A10 $__________ ____%
Class A11 $__________ ____%
Class A12 $__________ ____%
Class A13 $__________ ____%
Class A14 $__________ ____%
Class A15 $__________ ____%
Class A16 $__________ ____%
Class A17 $__________ ____%
Class PO $__________ ____%
Class M $__________ ____%
Class B1 $__________ ____%
Class B2 $__________ ____%
Class B3 $__________ ____%
Class B4 $__________ ____%
Class B5 $__________ ____%
Class R $__________ ____%
(6) Servicing Compensation: $__________
The amounts below are for the aggregate of all Certificates:
(7) Pool Scheduled Principal Balance; number of Mortgage Loans:
$__________ __________
(8) Class Certificate Principal Balance (or Notional Principal
Balance) of each Class; Certificate Principal Balance (or
Notional Principal Balance) of Single Certificate of each Class:
Single
Certificate
Class Balance Balance
----- ------- -------
Class A1 $__________ $__________
Class A2 $__________ $__________
Class A3 $__________ $__________
Class A4 $__________ $__________
Class A5 $__________ $__________
Class A6 $__________ $__________
Class A7 $__________ $__________
Class A8 $__________ $__________
Class A9 $__________ $__________
Class A10 $__________ $__________
Class A11 $__________ $__________
Class A12 $__________ $__________
Class A13 $__________ $__________
Class A14 $__________ $__________
Class A15 $__________ $__________
Class A16 $__________ $__________
Class A17 $__________ $__________
Class PO $__________ $__________
Class M $__________ $__________
Class B1 $__________ $__________
Class B2 $__________ $__________
Class B3 $__________ $__________
Class B4 $__________ $__________
Class B5 $__________ $__________
Class R $__________ $__________
Class S $__________ $__________
(9) Book value of real estate acquired on behalf of
Certificateholders; number of related Mortgage Loans:
$__________ __________
(10) Aggregate Scheduled Principal Balance and number of delinquent
Mortgage Loans:
30-59 days delinquent $__________ __________
60-89 days delinquent $__________ __________
90 or more days delinquent $__________ __________
In foreclosure $__________ __________
(11) Aggregate Scheduled Principal Balance and number of replaced
Mortgage Loans: $__________ __________
(12) Certificate Interest Rate of:
Class A2 Certificate: __________%
Class A4 Certificate: __________%
Class S Certificate: __________%
(13) Senior Percentage for such Distribution Date: __________%
(14) Senior Prepayment Percentage for such Distribution Date:
__________%
(15) Class A3 Percentage for such Distribution Date: __________%
(16) Class A3 Prepayment Distribution Percentage for such Distribution
Date: __________%
(17) Junior Percentage for such Distribution Date: __________%
(18) Junior Prepayment Percentage for such Distribution Date:
__________%
Capitalized terms used in this Statement shall have the same meanings as in
the Agreement.
<PAGE>
EXHIBIT K
FORM OF SPECIAL SERVICING
AND COLLATERAL FUND AGREEMENT
This SPECIAL SERVICING AND COLLATERAL FUND AGREEMENT (the "Agreement") is
made and entered into as of ____________________, 199_, between GE Capital
Mortgage Services, Inc. (the "Company") and _____________________________ (the
"Purchaser").
PRELIMINARY STATEMENT
___________________________ or an affiliate thereof is the holder of the
entire interest in REMIC Mortgage Pass-Through Certificates, Series 199_-__,
Class B_ (the "Class B_ Certificates"). The Class B_ Certificates were issued
pursuant to a Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") dated as of ________ 1, 199_ between the Company (in its capacity as
servicer thereunder, the "Servicer") and State Street Bank and Trust Company as
Trustee.
____________________________ or an affiliate thereof 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, as Servicer, will 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.
[The parties hereto have further agreed that the Purchaser will have no
rights, and the Company will have no obligations under this Agreement until the
Class Certificate Principal Balance of the REMIC Mortgage Pass-Through
Certificates, Series 199_-__, Class B5 (the "Class B5 Certificates") has been
reduced to zero, and any Special Servicing and Collateral Fund Agreement in
respect of such Class between the Company and the Purchaser has been
terminated.]
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 upon the acquisition by the
Purchaser of the Class B_ Certificates.
<PAGE>
ARTICLE I
DEFINITIONS
Section 1.01. 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 of (ii) a day
on which banking institutions in New York City or Boston, Massachusetts 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) repurchase agreements on
obligations specified in clause (i) provided that the unsecured obligations of
the party agreeing to repurchase such obligations are at the time rated by each
Rating Agency in the highest long-term rating category, (iii) federal funds,
certificates of deposit, time deposits and banker's acceptances of any U.S.
depository institution or trust company incorporated under the laws of the
United States or any state provided that the debt obligations of such depository
institution or trust company at the date of acquisition thereof have been rated
by each Rating Agency in the highest long-term rating category, (iv) commercial
paper of any corporation incorporated under the laws of the United States or any
state thereof which on the date of acquisition has the highest short term rating
of each Rating Agency, and (v) other obligations or securities that are
acceptable to each Rating Agency as a Collateral Fund Permitted Investment
hereunder and will not, as evidenced in writing, result in a reduction or
withdrawal in the then current rating of the Certificates and, for each of the
preceding clauses, 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
Business Day preceding the next succeeding Distribution Date.
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, the posting, 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 and, upon the consent of the Purchaser which will
be deemed given unless expressly withheld within two Business Days of
notification, (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 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).
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 adjustments for all
withdrawals and deposits prior to such date pursuant to Section 2.02(e)) and
Section 2.03(b) (after adjustment for all withdrawals and deposits prior to such
date pursuant to Section 2.03(c)) and Section 3.02, reduced by all withdrawals
therefrom prior to such date pursuant to Section 2.02(g) and Section 2.03(d).
Section 1.02. 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 2.01. 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 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, as Servicer, shall
provide to the Purchaser a report, using the same methodology and
calculations in its standard servicing reports, indicating for the Trust
Fund 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 provide the Purchaser with a notice (sent
by facsimile transmission) 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 the Company to an attorney requesting the
institution of foreclosure or a copy of a request to foreclose received by
the Company from the related primary servicer which has been approved by
the Company.
(b) If requested by the Purchaser, the Company shall make its servicing
personnel available (during their normal business hours) to respond to
reasonable inquiries, in writing by facsimile transmission, by the Purchaser in
connection with any Mortgage Loan identified in a report under subsection (a)(i)
or (a)(ii) which has been given to the Purchaser, provided, that (1) the Company
shall only be required to provide information that is readily accessible to its
servicing personnel and is non-confidential and (2) the Company shall respond
within five Business Days orally or in writing by facsimile transmission.
(c) In addition to the foregoing, the Company shall provide to the
Purchaser such information as the Purchaser may reasonably request concerning
each Mortgage Loan that is at least sixty days delinquent and each Mortgage Loan
which has become real estate owned, through the final liquidation thereof,
provided, that the Company shall only be required to provide information that is
readily accessible to its servicing personnel and is non-confidential.
Section 2.02. Purchaser's Election to Delay Foreclosure Proceedings.
(a) The Purchaser shall be deemed to direct the Company 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
Company 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 Company) or
(ii) with notice to the Purchaser if the Company has reached the terms of a
forbearance agreement with the borrower. In such latter case the Company may
complete such forbearance agreement unless instructed otherwise by the Purchaser
within two Business Days of 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 delay the Commencement of Foreclosure until
such time as the Purchaser determines that the Company 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).
The Purchaser shall send a copy of such notice of election to each Rating Agency
as soon as practicable thereafter. 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 within such 24-hour period; provided, however, that the Purchaser
will have at least one Business Day to make such election following its receipt
of any requested additional information. Any such additional information shall
(i) not be confidential in nature and (ii) be obtainable by the Company from
existing reports, certificates or statements or otherwise be readily accessible
to its servicing personnel. The Purchaser agrees that it has no right to deal
with the mortgagor. However, if the Company's normal foreclosure policies
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, 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 Trustee, 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 Scheduled 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 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"), the Purchaser shall remit by
wire transfer in advance to the Trustee 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 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 the above amounts
relating to the Mortgage Loan within two Business Days of (i) the Election to
Delay Foreclosure or (ii) the beginning of the related Excess Period, as the
case may be.
(e) With respect to any Mortgage Loan as to which the Purchaser has made an
Election to Delay Foreclosure, the Company or the Trustee may withdraw from the
Collateral Fund from time to time amounts necessary to reimburse the Company for
all related Monthly Advances and Liquidation Expenses thereafter made by the
Company as Servicer in accordance with the Pooling and Servicing Agreement. To
the extent that the amount of any such Liquidation Expense is determined by the
Company based on estimated costs, and the actual costs are subsequently
determined to be higher, the Company or the Trustee may withdraw the additional
amount from the Collateral Fund to reimburse the Company. In the event that the
Mortgage Loan is brought current by the mortgagor, the amounts so withdrawn from
the Collateral Fund shall be redeposited therein as and to the extent that
reimbursement therefor from amounts paid by the mortgagor is not prohibited
pursuant to the Pooling and Servicing Agreement as of the date hereof. 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
previous withdrawals and deposits pursuant to this subsection and after
reimbursement to the Servicer for all related Monthly Advances) 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 Company 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, following such
election, the Purchaser shall notify the Company that it believes that it is
appropriate to do so, the Company shall proceed with the Commencement of
Foreclosure; provided that, 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, unless the Purchaser shall
have purchased the related Mortgage Loan promptly following (and in any event
not later than the third Business Day after) the end of such 6-month period in
the manner provided in the following two sentences, and the Company shall be
entitled to proceed with the Commencement of Foreclosure. Any purchase of such
Mortgage Loan by the Purchaser pursuant to the preceding sentence shall be at a
purchase price equal to the unpaid principal balance of the Mortgage Loan plus
accrued interest at the Mortgage Rate from the date last paid by the mortgagor.
Such purchase price shall be deposited by the Purchaser into the Collateral Fund
in immediately available funds on the Business Day which is the date of purchase
and the Purchaser shall instruct the Trustee (with notice to the Company) to
withdraw such amount therefrom on such Business Day and remit the same to the
Trust Fund for application as Liquidation Proceeds pursuant to the Pooling and
Servicing Agreement. Following such withdrawal, all amounts remaining in the
Collateral Fund in respect of such Mortgage Loan (after adjustment for all
previous withdrawals and deposits pursuant to this Agreement and after
reimbursement to the Servicer for all related Monthly Advances) shall be
released to the Purchaser.
(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 Company 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 unreimbursed Monthly Advances related to the extended
foreclosure period), and the Company or the Trustee shall withdraw the amount of
such excess from the Collateral Fund and shall remit the same to the Trust Fund
for application 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
withdrawals and deposits pursuant to subsection (e) and after reimbursement to
the Servicer for all related Monthly Advances) shall be released to the
Purchaser.
Section 2.03. 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
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 Trustee, for deposit in the Collateral Fund, an
amount, as calculated by the Company, equal to 125% of the current Scheduled
Principal Balance of the Mortgage Loan and three months' interest on the
Mortgage Loan at the applicable Mortgage 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 withdrawals and deposits
pursuant to subsection (c) below) shall be released to the Purchaser. 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.
(c) With respect to any Mortgage Loan as to which the Purchaser has made an
Election to Foreclose, the Company shall continue to service the Mortgage Loan
in accordance with its customary procedures. In connection therewith, the
Company shall have the same rights to make withdrawals for Monthly Advances and
Liquidation 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. The Company shall not be required 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, which may result in a repurchase or substitution of
such Mortgage Loan, or (iii) the Company has or expects to have the right under
the Pooling and Servicing Agreement to purchase the defaulted Mortgage Loan and
intends to exercise such right or (iv) the Company reasonably believes the
Mortgaged Property may be contaminated with or affected by hazardous wastes or
hazardous substances (and the Company supplies the Purchaser with information
supporting such belief) or (v) the same is prohibited by or is otherwise
inconsistent with the provisions of the Pooling and Servicing Agreement. 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 Purchaser) or (ii) with notice to the Purchaser if
the Company has reached the terms of a forbearance agreement unless instructed
otherwise by the Purchaser within two Business Days of notification.
(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
Company proceeded with the Commencement of Foreclosure in accordance with
subsection (c) above, the Company shall calculate the amount, if any, by which
the Scheduled Principal Balance of the Mortgage Loan at the time of liquidation
(plus all unreimbursed Monthly Advances and Liquidation Expenses in connection
therewith other than those previously paid from the Collateral Fund) exceeds the
actual sales price obtained for the related Mortgaged Property, and the Company
or the Trustee shall withdraw the amount of such excess from the Collateral Fund
and shall remit the same to the Trust Fund for application 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) above and
after reimbursement to the Servicer for all related Monthly Advances) in respect
of such Mortgage Loan shall be released to the Purchaser.
Section 2.04. Termination.
(a) With respect to all Mortgage Loans included in the Trust Fund, 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 on
the earliest to occur of the following: (i) at such time as the Class
Certificate 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 Company's actual loss experience with respect to the Mortgage
Loans in the related pool) 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 the aggregate book value of REO properties or (y) the
aggregate amount that the Company estimates through its normal servicing
practices 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 Foreclose exceeds (z) the then-current Class
Certificate Principal Balance of the Class B_ Certificates, or (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 [or in the Class B5 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 Fund. Unless earlier terminated as set forth herein, this Agreement and
the respective rights, obligations and responsibilities of the Purchaser and the
Company hereunder shall terminate immediately upon (x) 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 (10) Business Days' notice or (y) the occurrence of any event that
results in the Purchaser becoming an "affiliate" of the Trustee within the
meaning of the Prohibited Transaction Exemption (as defined in the Pooling and
Servicing Agreement).
(b) The Purchaser's rights pursuant to Section 2.02 or 2.03 of this
Agreement shall terminate with respect to a Mortgage Loan as to which the
Purchaser has exercised its rights under Section 2.02 or 2.03 hereof, upon
Purchaser's failure to deposit any amounts required pursuant to Section 2.02(d)
or 2.03(b) after one Business Day's notice of such failure.
Section 2.05. Notification. The Purchaser shall promptly notify the Trustee
and the Company if such Purchaser becomes aware of any discussions, plans or
events that might lead to such Person's becoming an "affiliate" (within the
meaning of the Prohibited Transaction Exemption) of the Trustee, provided that
the contents of any such notification shall be kept confidential by the parties
to this Agreement.
ARTICLE III
COLLATERAL FUND; SECURITY INTEREST
Section 3.01. Collateral Fund. Upon payment by the Purchaser of the initial
amount required to be deposited in the Collateral Fund pursuant to Article II,
the Company shall request the Trustee to establish and maintain with the Trustee
a segregated account entitled "REMIC Mortgage Pass-Through Certificates 199_-__
Collateral Fund, for the benefit of GE Capital Mortgage Services, Inc. and State
Street Bank and Trust Company on behalf of Certificateholders, as secured
parties" (the "Collateral Fund"). 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 such secured parties,
until withdrawn from the Collateral Fund pursuant to the Section 2.02 or 2.03
hereof.
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 to the Purchaser all amounts remaining in the Collateral Fund
together with any investment earnings thereon (after giving effect to all
withdrawals therefrom permitted under this Agreement).
The Purchaser shall not take or direct the Company or the Trustee to take
any action contrary to any provision of the Pooling and Servicing Agreement. In
no event shall the Purchaser (i) take or cause the Trustee or the Company to
take any action that could cause any REMIC established under the Pooling and
Servicing Agreement to fail to qualify as a REMIC or cause the imposition on any
such REMIC of any "prohibited transaction" or "prohibited contribution" taxes or
(ii) cause the Trustee or the Company to fail to take any action necessary to
maintain the status of any such REMIC as a REMIC.
Section 3.02. Collateral Fund Permitted Investments. The Company shall, at
the written direction of the Purchaser, direct the Trustee to invest the funds
in the Collateral Fund in the name of the Trustee in Collateral Fund Permitted
Investments. Such direction shall not be changed more frequently then quarterly.
In the absence of any direction, the Company shall direct the Trustee 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 promptly deposited by the Purchaser in
the Collateral Fund. The Company shall periodically (but not more frequently
than monthly) direct the Trustee to distribute to the Purchaser upon request an
amount of cash, to the extent cash is available therefor 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 3.03. Grant of Security Interest. In order to secure the
obligations of the Purchaser hereunder to the Company and the Trustee for the
benefit of Certificateholders (other than its obligations under Section 4.10),
the Purchaser hereby grants to the Company and to the Trustee for the benefit of
the Certificateholders 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
or involuntary conversion thereof (all of the foregoing collectively, the
"Collateral").
The Purchaser acknowledges the lien on and security interest in the
Collateral for the benefit of the Company and the Trustee on behalf of the
Certificateholders. The Purchaser shall take all actions requested by the
Company or the Trustee 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 or at its direction the Trustee for filing of appropriate
financing statements in accordance with applicable law.
Section 3.04. 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 or the Trustee is then entitled to make hereunder,
the Purchaser shall be obligated to pay such amounts to the Company or the
Trustee 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 4.01. 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 provided that no such amendment shall have a material adverse effect
on the holders of other Classes of Certificates.
Section 4.02. 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 4.03. 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 4.04. 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, with respect to notices pursuant to
Sections 2.02 and 2.03 hereto,
GE Capital Mortgage Services, Inc.
4680 Hallmark Parkway
San Bernadino, California 92407
Attention: Ken Scheller
Telephone: (909) 880-4608
Facsimile: (909) 473-2273
with respect to all other notices pursuant to this Agreement,
GE Capital Mortgage Services, Inc.
Three Executive Campus
Cherry Hill, New Jersey 08002
Attention: General Counsel
Telephone: (609) 661-6515
Facsimile: (609) 661-6875
or such other address as may hereafter be furnished in writing by the
Company, or
(b) in the case of the Purchaser, with respect to notices pursuant to
Section 2.01,
___________________________________
___________________________________
___________________________________
Attention:______________________
Telephone:______________________
Facsimile:______________________
with respect to all other notices pursuant to this Agreement,
___________________________________
___________________________________
___________________________________
Attention:______________________
Telephone:______________________
Facsimile:______________________
or such other address as may hereafter be furnished in writing by the
Purchaser, or
(c) in the case of the Trustee,
State Street Bank and Trust Company
Corporate Trust Department
8th Floor
225 Franklin Street
Boston, Massachusetts 02110
Attention: Karen Beard
Telephone: (617) 664-5465
Facsimile: (617) 664-5167
Section 4.05. Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever, including regulatory, 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.
Section 4.06. Successor and Assigns. The provisions of this Agreement shall
be binding upon and inure to the benefit of the parties hereto and the
respective successors and assigns of the parties hereto; provided, however, that
the rights under this Agreement cannot be assigned by the Purchaser without the
consent of the Company.
Section 4.07. 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 4.08. Third Party Beneficiaries. The Trustee on behalf of
Certificateholders is the intended third party beneficiary of this Agreement.
Section 4.09. Confidentiality. The Purchaser agrees that all information
supplied by or on behalf of the Company pursuant to Section 2.01 or 2.02,
including individual account information, is the property of the Company and the
Purchaser agrees to use such information solely for the purposes set forth in
this Agreement and to hold such information confidential and not to disclose
such information.
Section 4.10. Indemnification. The Purchaser agrees to indemnify and hold
harmless the Company against any and all losses, claims, damages or liabilities
to which it 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 the Company in accordance with the provisions of this Agreement
and which actions conflict or are alleged to conflict with the Company's
obligations under the Pooling and Servicing Agreement. The Purchaser hereby
agrees to reimburse the Company on demand for the reasonable legal or other
expenses incurred by it in connection with investigating or defending any such
loss, claim, damage, liability or action.
[Section 4.11. Delayed Effectiveness. The Purchaser agrees that,
notwithstanding any other provision of this Agreement, the Purchaser shall have
no rights hereunder, and the Company shall have no obligations hereunder, until
the Class Certificate Principal Balance of the Class B5 Certificates has been
reduced to zero and any Special Servicing and Collateral Fund Agreement between
the Company and the Purchaser relating to such Class B5 Certificates has been
terminated.]
<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.
GE CAPITAL MORTGAGE SERVICES, INC.
By: _____________________________
Name:
Title:
[PURCHASER]
By: _____________________________
Name:
Title:
Acknowledged and agreed to:
STATE STREET BANK AND TRUST COMPANY
By:________________________________
Name:
Title:
<PAGE>
EXHIBIT L
FORM OF LOST NOTE AFFIDAVIT AND AGREEMENT
I, _________________________________________, being duly sworn, do hereby
state under oath that:
1. I am a duly elected ______________________ of GE Capital Mortgage
Services, Inc. (the "Company") and am duly authorized to make this affidavit.
2. This affidavit is being delivered in connection with the transfer of the
Mortgage Loan described in Paragraph 3 hereof by the Company pursuant to the
Pooling and Servicing Agreement dated as of [date] between the Company, Seller
and Servicer, and State Street Bank and Trust Company, Trustee, relating to the
Company's REMIC Mortgage Pass-Through Certificates, Series [____] ("Agreement").
Such Mortgage Loan constitutes a Designated Loan.
3. The Company is the payee under the following described Mortgage Note
("Mortgage Note") which evidences the obligation of the borrower(s) to repay the
Mortgage Loan:
Loan Number: ___________________________________
Mortgage Note Date:_____________________________
Borrower(s): ___________________________________
Original Payee (if not the Company): ___________
Original Amount:________________________________
Mortgage Rate: _________________________________
Address of Mortgaged Property: _________________
________________________________________________
4. The Company is the lawful owner of the Mortgage Note and has not
cancelled, altered, assigned or hypothecated the Mortgage Note.
5. The Company does not possess the executed original Mortgage Note.
6. Attached hereto is a true and correct copy of the Mortgage Note.
7. The Mortgage Note has not been endorsed by the Company in any manner
inconsistent with its transfer of the Mortgage Loan under the Agreement.
8. Without limiting the generality of the rights and remedies of the
Trustee contained in the Agreement, the Company hereby confirms and agrees that
in the event the inability to produce the executed original Mortgage Note
results in a breach of the representations and warranties appearing in Agreement
subsections 2.03(a)(ii) (the validity and enforceability of the lien created by
the Mortgage Loan) or (x) (no valid offset, defense or counterclaim to any
Mortgage Note or Mortgage), the Company shall repurchase the Mortgage Loan at
the Purchase Price and otherwise in accordance with Section 2.03(b) of the
Agreement. In addition, the Company covenants and agrees to indemnify the
Trustee and the Trust Fund from and hold them harmless against any and all
losses, liabilities, damages, claims or expenses (other than those resulting
from negligence or bad faith of the Trustee) arising from the Company's failure
to have delivered the Mortgage Note to the Trustee, including without limitation
any such losses, liabilities, damages, claims or expenses arising from any
action to enforce the indebtedness evidenced by the Mortgage Note or any claim
by any third party who is the holder of such indebtedness by virtue of
possession of the Mortgage Note.
9. In the event that the Company obtains the executed original Mortgage
Note, it shall promptly provide the Mortgage Note to the Trustee.
10. Capitalized terms not otherwise defined herein shall have the meanings
given them in the Agreement.
Date: _______________________
______________________________
(signature)
______________________________
(print name)
______________________________
(print title)
<PAGE>
State of New Jersey )
)ss:
)
On this ____________________day of ___________________, 199__, before me
appeared ____________________________, to me personally known, who acknowledged
the execution of the foregoing and who, having been duly sworn states that
he/she is a/the ______________________________of GE Capital Mortgage Services,
Inc., that any representations therein contained are true, that this Lost Note
Affidavit was signed and sealed on behalf of GE Capital Mortgage Services, Inc.
and that this Lost Note Affidavit is the free act and deed of GE Capital
Mortgage Services, Inc.
_______________________________________
(Notary Public)
[Notarial Seal]
<PAGE>
EXHIBIT M
SCHEDULE OF DESIGNATED LOANS
SERIES 1999-13
LOAN NO. ORIGINAL PRINCIPLE BALANCE BORROWER NAME
-------- -------------------------- -------------
70277553 $294,700.00 WEATHERFORD
70854526 $280,000.00 YOUNG
80104755 $305,550.00 GEORGE
80103807 $265,000.00 RUCH
80105844 $400,000.00 GOULD
80105828 $400,000.00 ISOLA
<PAGE>
EXHIBIT N
SCHEDULE OF PLEDGED ASSET MORTGAGE LOANS
[NONE]
<PAGE>
EXHIBIT O
SENIOR PRINCIPAL PRIORITIES
third, to the classes of senior certificates entitled to principal
distributions, in reduction of the aggregate class certificate principal
balances (the "Class Certificate Principal Balances") thereof, to the extent of
remaining Available Funds, concurrently, as follows:
(1) to the Class A1 through A17 Certificates and the Class R
Certificates, the Senior Optimal Principal Distribution Amount for such
Distribution Date, in the following order of priority:
(a) to the Class A3 Certificates, the Class A3 Principal
Distribution Amount (as defined herein) for such Distribution Date,
until the Class Certificate Principal Balance thereof has been reduced
to zero; and
(b) to the Class A1, Class A2, Class A4 through Class A17 and
Class R Certificates (together, the "Group I Senior Certificates"),
the Senior Optimal Principal Amount for such Distribution Date, less
the Class A3 Principal Distribution Amount for such Distribution Date
(such reduced amount, the "Group I Senior Principal Distribution
Amount"), in the following order of priority:
(I) to the Class R Certificates, until the Class Certificate
Principal Balance thereof has been reduced to zero;
(II) to the Class A1 and Class A8 through Class A17
Certificates, concurrently, as follows:
(A) approximately 17.7045931046% of the Group I Senior
Principal Distribution Amount remaining after distributions
under clause (1)(b)(I) above to the Class A1, Class A12,
Class A13, Class A14, Class A15 and Class A16 Certificates,
in the following order of priority:
(i) to the Class A1 Certificates, until the Class
Certificate Principal Balance thereof has been reduced
to zero;
(ii) to the Class A12 Certificates, until the
Class Certificate Principal thereof has been reduced to
zero; and
(iii) to the Class A13, Class A14, Class A15 and
Class A16 Certificates, concurrently, as follows:
(aa) approximately 92.8571338050% of the
amount distributable under clause
(1)(b)(II)(A)(iii), sequentially, to the Class
A13, Class A15 and Class A16 Certificates, in that
order, until the Class Certificate Principal
Balances thereof have each been reduced to zero;
and
(bb) approximately 7.1428661950% of the
amount distributable under clause
(1)(b)(II)(A)(iii) to the Class A14 Certificates,
until the Class Certificate Principal Balance
thereof has been reduced to zero;
(B) approximately 7.2210795763% of the Group I Senior
Principal Distribution Amount remaining after distributions
under clause (1)(b)(I) above to the Class A8 Certificates,
until the Class Certificate Principal Balance thereof has
been reduced to zero;
(C) approximately 42.9529733418% of the Group I Senior
Principal Distribution Amount remaining after distributions
under clause (1)(b)(I) above, sequentially, to the Class A9
and Class A17 Certificates, in that order, until the Class
Certificate Principal Balances thereof have been reduced to
zero;
(D) approximately 7.2210795763% of the Group I Senior
Principal Distribution Amount remaining after distributions
under clause (1)(b)(I) above to the Class A10 Certificates,
until the Class Certificate Balance thereof has been reduced
to zero; and
(E) approximately 24.9002744010% of the Group I Senior
Principal Distribution Amount remaining after distributions
under clause (1)(b)(I) above to the Class A11 Certificates,
until the Class Certificate Balance thereof has been reduced
to zero; and
(III) to the Class A2, Class A4, Class A5, Class A6 and
Class A7 Certificates, the Group I Senior Principal Distribution
Amount remaining after distributions under clauses (1)(b)(I) and
(II) above, concurrently, as follows:
(A) approximately 52.0833294355% of the amount
distributable under clause (1)(b)(III) to the Class A2
Certificates, until the Class Certificate Principal Balance
thereof has been reduced to zero;
(B) approximately 14.5833348325% of the amount
distributable under clause (1)(b)(III) to the Class A4
Certificates, until the Class Certificate Principal Balance
thereof has been reduced to zero; and
(C) approximately 33.3333357320% of the amount
distributable under clause (1)(b)(III) to the Class A5,
Class A6 and Class A7 Certificates, in the following order
or priority:
(i) to the Class A5 Certificates, until the
Certificate Principal Balance thereof has been reduced
to zero; and
(ii) to the Class A6 and Class A7 Certificates,
concurrently, as follows:
(aa) approximately 70.2044688529% of the
amount distributable under clause
(1)(b)(III)(C)(ii) to the Class A6 Certificates,
until the Class Certificate Principal Balance
thereof has been reduced to zero; and
(bb) approximately 29.7955311471% of the
amount distributable under clause
(1)(b)(III)(C)(ii) to the Class A7 Certificates,
until the Class Certificate Principal Balance
thereof has been reduced to zero; and
(2) to the Class PO Certificates, the Class PO Principal Distribution
Amount for such Distribution Date, until the Class Certificate Principal
Balance thereof has been reduced to zero;
