i. |
Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements.
Specifically, such reports:
 Are prepared in accordance with timeframes and other terms set forth in the transaction agreements;
Provide information calculated in accordance with the terms specified in the transaction agreements;
Are filed with the Commission as required by its rules and regulations; and
Agree with investors' or the trustee's records as to the total unpaid principal balance and number of pool assets serviced by the servicer.
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ii. |
Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. |
iii. |
Disbursements made to an investor are posted within two business days to the servicer's investor records, or such other number of days specified in the transaction agreements. |
iv. |
Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. |
