S-3................................        1,153        1,082      136,192     [22,720]      113,472       163,435,444    [27,264,000]       136,171,444
S-1................................          903          901      219,501        [640]      218,861       263,401,488       [768,000]       262,633,488
SF-3...............................  ...........           71  ...........       24,495       24,495  ................      29,394,000        29,394,000
SF-1...............................  ...........            6  ...........        2,070        2,070  ................       2,484,000         2,484,000
10-K...............................        8,137        8,137   12,198,094        3,923   12,202,017     1,626,412,494         523,000     1,626,935,494
10-D...............................       13,014       13,014      292,815       68,324      361,139        39,042,000       9,109,800        48,151,800
Form ABS-EE........................  ...........       13,374  ...........      170,089      170,089  ................      57,459,063        57,459,063
--------------------------------------------------------------------------------------------------------------------------------------------------------

XI. Regulatory Flexibility Act Certification

    In Part XIV of the 2010 ABS Proposing Release and Part IX of the
2011 ABS Re-Proposing Release, we certified pursuant to 5 U.S.C. 605(b)
that the new rules contained in this release would not have a
significant economic impact on a substantial number of small entities.
One commenter provided comments in response to the Commission's request
for written comments regarding this certification.\1427\ This commenter
faulted the Commission for reaching its conclusion by ``focusing
exclusively on the size of the sponsors that would be required to
comply.'' \1428\ The commenter suggested that the analysis should
extend beyond the impact on small entities as sponsors of
securitization transactions.\1429\ This commenter did not suggest that
there would be a significant impact on entities directly subject to any
of the rules we had proposed.\1430\ Further, the commenter did not
describe the nature of any impact on small entities or provide
empirical data to support the extent of the impact. The Regulatory
Flexibility Act analysis only applies to those entities ``which will be
subject to the requirement[s]'' of the rule.\1431\

Accordingly, based on the analysis set forth in the 2010 ABS Proposing
Release and the 2011 ABS Re-Proposing Release, we continue to believe
that the rules being adopted would not have a significant economic
impact on a substantial number of small entities.
---------------------------------------------------------------------------

    \1427\ See letter from ABA II.
    \1428\ Id.
    \1429\ In justifying a thorough regulatory analysis, the ABA
contended, ``[g]iven securitization's pervasive role in our economy
and the importance of securitization to the availability of credit
to small businesses, it is difficult to fathom how the 2010 ABS
Proposals, as revised by the Re-Proposing Release, if adopted, would
not have a significant impact on a substantial number of small
entities.''
    \1430\ See letter from ABA II.
    \1431\ See 5 U.S.C. 604(a)(5). See also Mid-Tex Elec. Co-op,
Inc. v. FERC, 773 F.2d 327, 343 (D.C. Cir. 1985) (reasoning that
because ``Congress did not intend to require that every agency
consider every indirect effect that any regulation might have on
small businesses in any stratum of the national economy''), Cement
Kiln Recycling Coalition v. EPA, 255 F.3d 855, 869 (D.C. Cir. 2001)
(reasoning that ``to require an agency to assess the impact on all
of the nation's small businesses possibly affected by a rule would
be to convert every rulemaking process into a massive exercise in
economic modeling, an approach we have already rejected'').
---------------------------------------------------------------------------

XII. Statutory Authority and Text of Rule and Form Amendments

    We are adopting the new rules, forms and amendments contained in
this document under the authority set forth in Sections 5, 6, 7, 8, 10,
19(a) and 28 of the Securities Act, Sections 12, 13, 15, 23(a), 35A and
36 of the Exchange Act, and Section 319 of the Trust Indenture Act.

List of Subjects

17 CFR Part 230

    Advertising, Reporting and recordkeeping requirements, Securities.

17 CFR Parts 229, 232, 239, 240, 243 and 249

    Reporting and recordkeeping requirements, Securities.

    For the reasons set out above, Title 17, Chapter II of the Code of
Federal Regulations is amended as follows:

PART 229--STANDARD INSTRUCTIONS FOR FILING FORMS UNDER SECURITIES
ACT OF 1933, SECURITIES EXCHANGE ACT OF 1934 AND ENERGY POLICY AND
CONSERVATION ACT OF 1975--REGULATION S-K

0
1. The authority citation for part 229 continues to read as follows:

    Authority: 15 U.S.C. 77e, 77f, 77g, 77h, 77j, 77k, 77s, 77z-2,
77z-3, 77aa(25), 77aa(26), 77ddd, 77eee, 77ggg, 77hhh, 777iii,
77jjj, 77nnn, 77sss, 78c, 78i, 78j, 78j-3,78l, 78m, 78n, 78n-1, 78o,
78u-5, 78w, 78ll, 78mm, 80a-8, 80a-9, 80a-20, 80a-29, 80a-30, 80a-
31(c), 80a-37, 80a-38(a), 80a-39, 80b-11, and 7201 et seq.; and 18
U.S.C. 1350, unless otherwise noted.

0
2. Amend Sec.  229.512 by:
0
a. In paragraph (a)(1)(iii)(B) adding the phrase ``, Form SF-3 (Sec.
239.45 of this chapter)'' immediately after the phrase, ``Form S-3
(Sec.  239.13 of this chapter)'';
0
b. In paragraph (a)(1)(iii)(C) removing the phrase ``on Form S-1 (Sec.
239.11 of this chapter) or Form S-3 (Sec.  239.13 of this chapter)''
and adding in its place ``on Form SF-1 (Sec.  239.44 of this chapter)
or Form SF-3 (Sec.  239.45 of this chapter)'';
0
c. Adding paragraphs (a)(5)(iii) and (a)(7); and
0
d. Removing paragraph (l).
    The additions read as follows:

Sec.  229.512  (Item 512) Undertakings.

* * * * *
    (a) * * *
    (5) * * *
    (iii) If the registrant is relying on Sec.  230.430D of this
chapter:
    (A) Each prospectus filed by the registrant pursuant to Sec.
230.424(b)(3) and (h) of this chapter shall be deemed to be part of the
registration statement as of the date the filed prospectus was deemed
part of and included in the registration statement; and
    (B) Each prospectus required to be filed pursuant to Sec.
230.424(b)(2), (b)(5), or (b)(7) of this chapter as part of a
registration statement in reliance on Sec.  230.430D of this chapter
relating to an offering made pursuant to Sec.  230.415(a)(1)(vii) or
(a)(1)(xii) of this chapter for the purpose of providing the
information required by section 10(a) of the Securities Act of 1933 (15
U.S.C. 77j(a)) shall be deemed to be part of and included in the
registration statement as of the earlier of the date such form of
prospectus is first used after effectiveness or the date of the first
contract of sale of securities in the offering described in the
prospectus. As provided in Sec.  230.430D of this chapter, for
liability purposes of the issuer and any person that is at that date an
underwriter, such date shall be deemed to be a new effective date of
the registration statement relating to the securities in the
registration statement to which that prospectus relates, and the
offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof. Provided, however, that no
statement made in a registration statement or prospectus that is part
of the registration statement or made in a document incorporated or
deemed incorporated by reference into the registration statement or
prospectus that is part of the registration statement will, as to a
purchaser with a time of contract of sale prior to such effective date,
supersede or modify any statement that was made in the registration
statement or prospectus that was part of the registration statement or
made in any such document immediately prior to such effective date; or
* * * * *
    (7) If the registrant is relying on Sec.  230.430D of this chapter,
with respect to any offering of securities registered on Form SF-3
(Sec.  239.45 of this chapter), to file the information previously
omitted from the prospectus filed as part of an effective registration
statement in accordance with Sec.  230.424(h) and Sec.  230.430D of
this chapter.
* * * * *

0
3. Amend Sec.  229.601 by:
0
a. Revising the exhibit table in paragraph (a); and
0
b. Adding paragraphs (b)(36) and (b)(102) through (b)(106).
    The additions read as follows:

Sec.  229.601  (Item 601) Exhibits.

    (a) * * *
EXHIBIT TABLE
* * * * *

                                                                                Exhibit Table
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                Securities act forms                                             Exchange act forms
                                                                 -------------------------------------------------------------------------------------------------------------------------------
                                                                                S-4                                     F-4             8-K
                                                                    S-1     S-3    SF-1    SF-3     \1\     S-8    S-11     F-1     F-3     \1\     10      \2\    10-D    10-Q    10-K   ABS-EE
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
(1) Underwriting agreement......................................      X       X       X       X       X   ......      X       X       X       X   ......      X   ......  ......  ......  ......
(2) Plan of acquisition, reorganization, arrangement,                 X       X       X       X       X   ......      X       X       X       X       X       X   ......      X       X   ......
 liquidation or succession......................................
(3) (i) Articles of incorporation...............................      X   ......      X       X       X   ......      X       X   ......      X       X       X       X       X       X   ......
(ii) Bylaws.....................................................      X   ......      X       X       X   ......      X       X   ......      X       X       X       X       X       X   ......
(4) Instruments defining the rights of security holders,              X       X       X       X       X       X       X       X       X       X       X       X       X       X       X   ......
 including indentures...........................................
(5) Opinion re legality.........................................      X       X       X       X       X       X       X       X       X       X   ......  ......  ......  ......  ......  ......
(6) [Reserved]..................................................    N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A

(7) Correspondence from an independent accountant regarding non-  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......  ......  ......  ......
 reliance on a previously issued audit report or completed
 interim review.................................................
(8) Opinion re tax matters......................................      X       X       X       X       X   ......      X       X       X       X   ......  ......  ......  ......  ......  ......
(9) Voting trust agreement......................................      X   ......  ......  ......      X   ......      X       X   ......      X       X   ......  ......  ......      X   ......
(10) Material contracts.........................................      X   ......      X       X       X   ......      X       X   ......      X       X   ......      X       X       X   ......
(11) Statement re computation of per share earnings.............      X   ......  ......  ......      X   ......      X       X   ......      X       X   ......  ......      X       X   ......
(12) Statements re computation of ratios........................      X       X   ......  ......      X   ......      X       X   ......      X       X   ......  ......  ......      X   ......
(13) Annual report to security holders, Form 10-Q or quarterly    ......  ......  ......  ......      X   ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......
 report to security holders \3\.................................
(14) Code of Ethics.............................................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......  ......      X   ......
(15) Letter re unaudited interim financial information..........      X       X   ......  ......      X       X       X       X       X       X   ......  ......  ......      X   ......  ......
(16) Letter re change in certifying accountant \4\..............      X   ......  ......  ......      X   ......      X   ......  ......  ......      X       X   ......  ......      X   ......
(17) Correspondence on departure of director....................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......  ......  ......  ......
(18) Letter re change in accounting principles..................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X       X   ......
(19) Report furnished to security holders.......................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......  ......
(20) Other documents or statements to security holders..........  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......  ......  ......  ......
(21) Subsidiaries of the registrant.............................      X   ......      X       X       X   ......      X       X   ......      X       X   ......  ......  ......      X   ......
(22) Published report regarding matters submitted to vote of      ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X       X       X   ......
 security holders...............................................
(23) Consents of experts and counsel............................      X       X       X       X       X       X       X       X       X       X   ......  \5\ X   \5\ X   \5\ X   \5\ X   ......
(24) Power of attorney..........................................      X       X       X       X       X       X       X       X       X       X       X       X   ......      X       X   ......
(25) Statement of eligibility of trustee........................      X       X       X       X       X   ......  ......      X       X       X   ......  ......  ......  ......  ......  ......
(26) Invitation for competitive bids............................      X       X       X       X       X   ......  ......      X       X       X   ......  ......  ......  ......  ......  ......
(27) through (30) [Reserved]....................................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......
(31) (i) Rule 13a-14(a)/15d-14(a) Certifications................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......
(ii) Rule 13a-14/15d-14 Certifications                            ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......
(32) Section 1350 Certifications \6\............................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X       X   ......
(33) Report on assessment of compliance with servicing criteria   ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......
 for asset-backed issuers.......................................
(34) Attestation report on assessment of compliance with          ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......
 servicing criteria for asset-backed securities.................
(35) Servicer compliance statement..............................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X   ......
(36) Depositor Certification for shelf offerings of asset-backed  ......  ......  ......      X   ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......
 securities.....................................................
(37) through (94) [Reserved]....................................    N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A     N/A
(95) Mine Safety Disclosure Exhibit.............................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X       X   ......
(96) through (98) [Reserved]....................................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......
(99) Additional exhibits........................................      X       X       X       X       X       X       X       X       X       X       X       X       X       X       X   ......
(100) XBRL-Related Documents....................................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......      X       X   ......      X       X   ......
(101) Interactive Data File.....................................      X       X   ......  ......      X   ......      X       X       X       X   ......      X   ......      X       X   ......
(102) Asset Data File...........................................  ......  ......      X       X   ......  ......  ......  ......  ......  ......  ......  ......      X   ......  ......      X
(103) Asset Related Documents...................................  ......  ......      X       X   ......  ......  ......  ......  ......  ......  ......  ......      X   ......  ......      X
(104) [Reserved]................................................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......
(105) [Reserved]................................................  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......  ......
(106) Static Pool PDF...........................................  ......  ......      X       X   ......  ......  ......  ......  ......  ......  ......      X   ......  ......  ......  ......
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\1\ An exhibit need not be provided about a company if: (1) With respect to such company an election has been made under Form S-4 or F-4 to provide information about such company at a level
  prescribed by Form S-3 or F-3; and (2) the form, the level of which has been elected under Form S-4 or F-4, would not require such company to provide such exhibit if it were registering a
  primary offering.
\2\ A Form 8-K exhibit is required only if relevant to the subject matter reported on the Form 8-K report. For example, if the Form 8-K pertains to the departure of a director, only the
  exhibit described in paragraph (b)(17) of this section need be filed. A required exhibit may be incorporated by reference from a previous filing.
\3\ Where incorporated by reference into the text of the prospectus and delivered to security holders along with the prospectus as permitted by the registration statement; or, in the case of
  the Form 10-K, where the annual report to security holders is incorporated by reference into the text of the Form 10-K.
\4\ If required pursuant to Item 304 of Regulation S-K.
\5\ Where the opinion of the expert or counsel has been incorporated by reference into a previously filed Securities Act registration statement.
\6\ Pursuant to Sec.  Sec.   240.13a-13(b)(3) and 240.15d-13(b)(3) of this chapter, asset-backed issuers are not required to file reports on Form 10-Q.

* * * * *
    (b) * * *
    (36) Certification for shelf offerings of asset-backed securities.
Provide the certification required by General Instruction I.B.1.(a) of
Form SF-3 (Sec.  239.45 of this chapter) exactly as set forth below:
Certification
    I [identify the certifying individual] certify as of [the date of
the final prospectus under Sec.  230.424 of this chapter] that:
    1. I have reviewed the prospectus relating to [title of all
securities, the offer and sale of which are registered] (the
``securities'') and am familiar with, in all material respects, the
following: The characteristics of the securitized assets underlying the
offering (the ``securitized assets''), the structure of the
securitization, and all material underlying transaction agreements as
described in the prospectus;
    2. Based on my knowledge, the prospectus does not contain any
untrue statement of a material fact or omit to

state a material fact necessary to make the statements made, in light
of the circumstances under which such statements were made, not
misleading;
    3. Based on my knowledge, the prospectus and other information
included in the registration statement of which it is a part fairly
present, in all material respects, the characteristics of the
securitized assets, the structure of the securitization and the risks
of ownership of the securities, including the risks relating to the
securitized assets that would affect the cash flows available to
service payments or distributions on the securities in accordance with
their terms; and
    4. Based on my knowledge, taking into account all material aspects
of the characteristics of the securitized assets, the structure of the
securitization, and the related risks as described in the prospectus,
there is a reasonable basis to conclude that the securitization is
structured to produce, but is not guaranteed by this certification to
produce, expected cash flows at times and in amounts to service
scheduled payments of interest and the ultimate repayment of principal
on the securities (or other scheduled or required distributions on the
securities, however denominated) in accordance with their terms as
described in the prospectus.
    5. The foregoing certifications are given subject to any and all
defenses available to me under the federal securities laws, including
any and all defenses available to an executive officer that signed the
registration statement of which the prospectus referred to in this
certification is part.

Date:------------------------------------------------------------------
-----------------------------------------------------------------------
-----------------------------------------------------------------------
    [Signature]
-----------------------------------------------------------------------
    [Title]

    The certification must be signed by the chief executive officer of
the depositor, as required by General Instruction I.B.1.(a) of Form SF-
3.
* * * * *
    (102) Asset Data File. An Asset Data File (as defined in Sec.
232.11 of this chapter) filed pursuant to Item 1111(h)(3) of Regulation
AB (Sec.  229.1111(h)(3)).
    (103) Asset Related Document. Additional asset-level information or
explanatory language pursuant to Item 1111(h)(4) and (5) of Regulation
AB (Sec.  229.1111(h)(4) and (h)(5)).
    (104) [Reserved].
    (105) [Reserved]
    (106) Static pool. If not included in the prospectus filed in
accordance with Sec.  230.424(b)(2) or (5) and (h) of this chapter,
static pool disclosure as required by Sec.  229.1105.
* * * * *

0
4. Amend Sec.  229.1100 by:
0
a. Revising the heading and introductory text of paragraph (c); and
0
b. Revising paragraph (f).
    The revisions read as follows:

Sec.  229.1100  (Item 1100) General.

* * * * *
    (c) Presentation of certain third party information. If information
of a third party is required in a filing by Item 1112(b) of this
Regulation AB (Information regarding significant obligors) (Sec.
229.1112(b)), Items 1114(b)(2) or 1115(b) of this Regulation AB
(Information regarding significant provider of enhancement or other
support) (Sec.  229.1114(b)(2) or (Sec.  229.1115(b)), or Item 1125 of
this Regulation AB (Asset-level information) (Sec.  229.1125) such
information, in lieu of including such information, may be provided as
follows:
* * * * *
    (f) Filing of required exhibits. Where agreements or other
documents in this Regulation AB (Sec. Sec.  229.1100 through 229.1124)
are specified to be filed as exhibits to a Securities Act registration
statement, such agreements or other documents, if applicable, may be
incorporated by reference as an exhibit to the registration statement,
such as by filing a Form 8-K (Sec.  249.308 of this chapter) in the
case of offerings registered on Form SF-3 (Sec.  239.45 of this
chapter). Final agreements must be filed and made part of the
registration statement no later than the date the final prospectus is
required to be filed under Sec.  230.424 of this chapter.

0
5. Amend Sec.  229.1101 by:
0
a. In paragraphs (c)(3)(ii)(A) and (B) removing the references to
``50%'' and adding in their place ``25%''; and
0
b. Adding paragraph (m).
    The addition reads as follows:

Sec.  229.1101  (Item 1101) Definitions.

* * * * *
    (m) Asset representations reviewer means any person appointed to
review the underlying assets for compliance with the representations
and warranties on the underlying pool assets and is not affiliated with
any sponsor, depositor, servicer, or trustee of the transaction, or any
of their affiliates. The asset representations reviewer shall not be
the party to determine whether noncompliance with representations or
warranties constitutes a breach of any contractual provision. The asset
representations reviewer also shall not be the same party or an
affiliate of any party hired by the sponsor or underwriter to perform
pre-closing due diligence work on the pool assets.

0
6. Amend Sec.  229.1102 by adding a second sentence to paragraph (a) to
read as follows:

Sec.  229.1102  (Item 1102) Forepart of registration statement and
outside cover page of the prospectus.

* * * * *
    (a) * * * Such identifying information should include a Central
Index Key number for the depositor and the issuing entity, and if
applicable, the sponsor.
* * * * *

0
7. Amend Sec.  229.1103 by adding an instruction after paragraph (a)(2)
to read as follows:

Sec.  229.1103  (Item 1103) Transaction summary and risk factors.

    (a) * * *
    (2) * * *
    Instruction to Item 1103(a)(2). What is required is summary
disclosure tailored to the particular asset pool backing the asset-
backed securities. While the material characteristics will vary
depending on the nature of the pool assets, summary disclosure may
include, among other things, statistical information of: The types of
underwriting or origination programs, exceptions to underwriting or
origination criteria and, if applicable, modifications made to the pool
assets after origination. Include a cross-reference in the prospectus
summary to the more detailed statistical information found in the
prospectus.
* * * * *
0
8. Amend Sec.  229.1104 by:
0
a. In paragraph (e)(1) removing the phrase ``Section 3(a)(77) of the
Securities Exchange Act of 1934)'' and adding in its place ``Section
3(a)(79) of the Securities Exchange Act of 1934 (15 U.S.C.
78c(a)(79))''; and
0
b. Adding paragraphs (f) and (g).
    The additions read as follows:

Sec.  229.1104  (Item 1104) Sponsors.

* * * * *
    (f) If the sponsor is required to repurchase or replace any asset
for breach of a representation and warranty pursuant to the transaction
agreements, provide information regarding the sponsor's financial
condition to the extent that there is a material risk that the effect
on its ability to comply with the provisions in the transaction
agreements relating to the repurchase obligations for those assets
resulting from such financial condition could have a material impact on
pool

performance or performance of the asset-backed securities.
    (g) Describe any interest that the sponsor, or any affiliate of the
sponsor, has retained in the transaction, including the amount and
nature of that interest. Disclose any hedge (security specific or
portfolio) materially related to the credit risk of the securities that
was entered into by the sponsor or, if known, by an affiliate of the
sponsor to offset the risk position held.
    Instruction to Item 1104(g). The disclosure required under this
item shall separately state the amount and nature of any interest or
asset retained in compliance with law, including any amounts that are
retained by parties other than the sponsor in order to satisfy such
requirements.

0
9. Amend Sec.  229.1105 by:
0
a. Adding introductory text;
0
b. Revising paragraph (a)(3)(ii);
0
c. Adding an instruction to paragraph (a)(3)(ii);
0
d. Adding paragraph (a)(3)(iv); and
0
e. Revising paragraph (c).
    The additions and revisions read as follows:

Sec.  229.1105  (Item 1105) Static pool information.

    Describe the static pool information presented. Provide appropriate
introductory and explanatory information to introduce the
characteristics, the methodology used in determining or calculating the
characteristics and any terms or abbreviations used. Include a
description of how the static pool differs from the pool underlying the
securities being offered, such as the extent to which the pool
underlying the securities being offered was originated with the same or
differing underwriting criteria, loan terms, and risk tolerances than
the static pools presented. In addition to a narrative description, the
static pool information should be presented graphically if doing so
would aid in understanding.
    (a) * * *
    (3) * * *
    (ii) Present delinquency, cumulative loss and prepayment data for
each prior securitized pool or vintage origination year, as applicable,
over the life of the prior securitized pool or vintage origination
year. The most recent periodic increment for the data must be as of a
date no later than 135 days after the date of first use of the
prospectus.
    Instruction to Item 1105(a)(3)(ii). Present historical delinquency
and loss information in accordance with Item 1100(b) of this Regulation
AB (Sec.  229.1100(b)) through no less than 120 days.
* * * * *
    (iv) Provide graphical illustration of delinquencies, prepayments
and losses for each prior securitized pool or by vintage origination
year regarding originations or purchases by the sponsor, as applicable
for that asset type.
* * * * *
    (c) If the information that would otherwise be required by
paragraph (a)(1), (a)(2) or (b) of this section is not material, but
alternative static pool information would provide material disclosure,
provide such alternative information instead. Similarly, information
contemplated by paragraph (a)(1), (a)(2) or (b) of this section
regarding a party or parties other than the sponsor may be provided in
addition to or in lieu of such information regarding the sponsor if
appropriate to provide material disclosure. In addition, provide other
explanatory disclosure, including why alternative disclosure is being
provided and explain the absence of any static pool information
contemplated by paragraph (a)(1), (a)(2) or (b) of this section, as
applicable.
* * * * *

0
10. Amend Sec.  229.1108 by:
0
a. In paragraph (a)(3) removing the phrase ``(c) and (d)'' and adding
in its place ``(c), (d), and (e)'';
0
b. Removing paragraph (c)(6);
0
c. Redesignating paragraphs (c)(7) and (c)(8) as paragraphs (c)(6) and
(c)(7); and
0
d. Adding paragraph (e).
    The addition reads as follows:

Sec.  229.1108  (Item 1108) Servicers.

* * * * *
    (e) Describe any interest that the servicer, or any affiliate of
the servicer, has retained in the transaction, including the amount and
nature of that interest. Disclose any hedge (security specific or
portfolio) materially related to the credit risk of the securities that
was entered into by the servicer or, if known, by an affiliate of the
servicer to offset the risk position held.
    Instruction to Item 1108(e). The disclosure required under this
item shall separately state the amount and nature of any interest or
asset retained in compliance with law, including any amounts that are
retained by parties other than the servicer in order to satisfy such
requirements.

0
11. Amend Sec.  229.1109 by:
0
a. Revising the section heading;
0
b. Redesignating paragraphs (a), (b), (c), (d), (e) and (f) as
paragraphs (a)(1), (2), (3), (4), (5), and (6), respectively;
0
c. Redesignating the introductory text as paragraph (a) introductory
text and adding the paragraph heading ``Trustees.'' to newly
redesignated paragraph (a) introductory text; and
0
d. Adding new paragraph (b).
    The revision and addition read as follows:

Sec.  229.1109  (Item 1109) Trustees and other transaction parties.

    (a) Trustees. * * *
* * * * *
    (b) Asset representations reviewer. Provide the following for each
asset representations reviewer:
    (1) State the asset representations reviewer's name and describe
its form of organization.
    (2) Describe to what extent the asset representations reviewer has
had prior experience serving as an asset representations reviewer for
asset-backed securities transactions involving similar pool assets.
    (3) Describe the asset representations reviewer's duties and
responsibilities regarding the asset-backed securities under the
governing documents and under applicable law. In addition, describe any
actions required of the asset representations reviewer, including
whether notices are required to investors, rating agencies or other
third parties, and any required percentage of a class or classes of
asset-backed securities that is needed to require the asset
representations reviewer to take action.
    (4) Disclose the manner and amount in which the asset
representations reviewer is compensated.
    (5) Describe any limitations on the asset representations
reviewer's liability under the transaction agreements regarding the
asset-backed securities transaction.
    (6) Describe any indemnification provisions that entitle the asset
representations reviewer to be indemnified from the cash flow that
otherwise would be used to pay holders of the asset-backed securities.
    (7) Describe any contractual provisions or understandings regarding
the asset representations reviewer's removal, replacement or
resignation, as well as how the expenses associated with changing from
one asset representations reviewer to another asset representations
reviewer will be paid.

0
12. Amend Sec.  229.1110 by:
0
a. Adding a second sentence to paragraph (a); and
0
b. Adding paragraphs (b)(3) and (c).
    The additions read as follows:

Sec.  229.1110  (Item 1110) Originators.

    (a) * * * Also identify any originator(s) originating less than 10%
of the pool assets if the cumulative amount originated by parties other
than the sponsor or its affiliates is more than 10% of the pool assets.
    (b) * * *
    (3) Describe any interest that the originator, or any affiliate of
the originator, has retained in the transaction, including the amount
and nature of that interest. Disclose any hedge (security specific or
portfolio) materially related to the credit risk of the securities that
was entered into by the originator or, if known, by an affiliate of the
originator to offset the risk position held.
    Instruction to Item 1110(b)(3). The disclosure required under this
item shall separately state the amount and nature of any interest or
asset retained in compliance with law, including any amounts that are
retained by parties other than the originator in order to satisfy such
requirements.
    (c) For any originator identified under paragraph (b) of this
section, if such originator is required to repurchase or replace a pool
asset for breach of a representation and warranty pursuant to the
transaction agreements, provide information regarding the originator's
financial condition to the extent that there is a material risk that
the effect on its ability to comply with the provisions in the
transaction agreements relating to the repurchase obligations for those
assets resulting from such financial condition could have a material
impact on pool performance or performance of the asset-backed
securities.

0
13. Amend Sec.  229.1111 by:
0
a. Revising paragraph (e); and
0
b. Adding paragraph (h).
    The revision and addition read as follows:

Sec.  229.1111  (Item 1111) Pool assets.

* * * * *
    (e) Representations and warranties and modification provisions
relating to the pool assets. Provide the following information:
    (1) Representations and warranties. Summarize any representations
and warranties made concerning the pool assets by the sponsor,
transferor, originator or other party to the transaction, and describe
briefly the remedies available if those representations and warranties
are breached, such as repurchase obligations.
    (2) Modification provisions. Describe any provisions in the
transaction agreements governing the modification of the terms of any
asset, including how such modification may affect the cash flows from
the assets or to the securities.
* * * * *
    (h) Asset-level information. (1) If the asset pool includes
residential mortgages, commercial mortgages, automobile loans,
automobile leases, debt securities or resecuritizations of asset-backed
securities, provide asset-level information for each asset or security
in the pool in the manner specified in Schedule AL (Sec.  229.1125).
    (2) File the disclosures as an Asset Data File (as defined in Sec.
232.11 of this chapter) in the format required by the EDGAR Filer
Manual. See Sec.  232.301 of this chapter.
    (3) File the Asset Data File as an exhibit to Form ABS-EE (Sec.
249.1401 of this chapter) in accordance with Item 601(b)(102) of
Regulation S-K (Sec.  229.601(b)(102)).
    (4) A registrant may provide additional explanatory disclosure
related to an Asset Data File by filing an asset related document as an
exhibit to Form ABS-EE (Sec.  249.1401 of this chapter) in accordance
with Item 601(b)(103) of Regulation S-K (Sec.  229.601(b)(103)).
    (5) A registrant may provide other asset-level information in
addition to the information required by Schedule AL (Sec.  229.1125) by
filing an asset related document as an exhibit to Form ABS-EE (Sec.
249.1401 of this chapter) in accordance with Item 601(b)(103) of
Regulation S-K (Sec.  229.601(b)(103)). The asset related document(s)
must contain the definitions and formulas for each additional data
point and the related tagged data and may contain explanatory
disclosure about each additional data point.
    Instruction to Item 1111(h). All of the information required by
this Item must be provided at the time of every filing for each asset
that was in the asset pool during the reporting period, including
assets removed prior to the end of the reporting period.

Sec.  229.1112  [Amended]

0
14. Amend Sec.  229.1112 by:
0
a. Removing Instruction 2 to Item 1112(b); and
0
b. Redesignating Instructions 1, 3 and 4 to Item 1112(b) as
Instructions 1, 2, and 3, respectively.

0
15. Amend Sec.  229.1113 by:
0
a. Adding paragraph (a)(7)(i); and
0
b. Adding and reserving paragraph (a)(7)(ii).
    The addition reads as follows:

Sec.  229.1113  (Item 1113) Structure of the transaction.

    (a) * * *
    (7) * * *
    (i) Describe how the delinquency threshold that triggers a review
by the asset representations reviewer was determined to be appropriate.
In describing the appropriateness of such delinquency threshold,
compare such delinquency threshold against the delinquencies disclosed
for prior securitized pools of the sponsor for that asset type in
accordance with Item 1105 of Regulation AB (Sec.  229.1105).
    (ii) [Reserved]
* * * * *

Sec.  229.1114  [Amended]

0
16. Amend Sec.  229.1114 by:
0
a. Removing the heading ``Instructions to Item 1114:'' ;
0
b. Removing Instruction 3 to Item 1114(b); and
0
c. Redesignating Instructions 1, 2, 4 and 5 to Item 1114 as
``Instruction 1 to Item 1114(b)'', ``Instruction 2 to Item 1114(b)'',
``Instruction 3 to Item 1114(b)'' and ``Instruction 4 to Item
1114(b)'', respectively.

0
17. Amend Sec.  229.1119 by adding paragraph (a)(7) to read as follows:

Sec.  229.1119  (Item 1119) Affiliations and certain relationships and
related transactions.

    (a) * * *
    (7) Asset representations reviewer.
* * * * *

0
18. Amend Sec.  229.1121 by:
0
a. Revising the second sentence of paragraph (a)(9); and
0
b. Adding paragraphs (d) and (e).
    The revision and additions read as follows:

Sec.  229.1121  (Item 1121) Distribution and pool performance
information.

    (a) * * *
    (9) * * * Present historical delinquency and loss information in
accordance with Item 1100(b) of this Regulation AB (Sec.  229.1100(b))
through no less than 120 days.
* * * * *
    (d) Asset review. (1) If during the distribution period a review of
the underlying assets for compliance with the representations and
warranties on the underlying assets is required, provide the following
information, as applicable:
    (i) A description of the event(s) that triggered the review during
the distribution period; and
    (ii) If the asset representations reviewer provided to the trustee
during the distribution period a report of the findings and conclusions
of the review, a summary of the report.
    (2) Change in asset representations reviewer. If during the
distribution

period an asset representations reviewer has resigned or has been
removed, replaced or substituted, or if a new asset representations
reviewer has been appointed, state the date the event occurred and the
circumstances surrounding the change. If a new asset representations
reviewer has been appointed, provide the disclosure required by Item
1109(b) (Sec.  229.1109(b)), as applicable, regarding such asset
representations reviewer.
    (e) Investor communication. Disclose any request received from an
investor to communicate with other investors during the reporting
period received by the party responsible for making the Form 10-D
filings on or before the end date of a distribution period. The
disclosure regarding the request to communicate is required to include
the name of the investor making the request, the date the request was
received, a statement to the effect that the party responsible for
filing the Form 10-D (Sec.  249.312 of this chapter) has received a
request from such investor, stating that such investor is interested in
communicating with other investors with regard to the possible exercise
of rights under the transaction agreements, and a description of the
method by which other investors may contact the requesting investor.
    Instruction to Item 1121(e). The party responsible for filing the
Form 10-D (Sec.  249.312 of this chapter) is required to disclose an
investor's interest to communicate only where the communication relates
to an investor exercising its rights under the terms of the transaction
agreement.

0
19. Amend Sec.  229.1122 by:
0
a. Revising paragraph (c)(1);
0
b. Redesignating paragraph (c)(2) as paragraph (c)(3);
0
c. Adding new paragraph (c)(2);
0
d. Adding paragraph (d)(1)(v);
0
e. Removing the heading ``Instructions to Item 1122:'';
0
f. Redesignating Instructions 1, 2 and 3 to Item 1122 as, ``Instruction
2 to Item 1122.'', ``Instruction 3 to Item 1122.'', and ``Instruction 4
to Item 1122.'', respectively; and
0
g. Adding a new instruction 1 to Item 1122.
    The revision and additions read as follows:

Sec.  229.1122  (Item 1122) Compliance with applicable servicing
criteria.

* * * * *
    (c) * * * (1) If any party's report on assessment of compliance
with servicing criteria required by paragraph (a) of this section, or
related registered public accounting firm attestation report required
by paragraph (b) of this section, identifies any material instance of
noncompliance with the servicing criteria, identify the material
instance of noncompliance in the report on Form 10-K (Sec.  249.310 of
this chapter). Also disclose whether the identified instance was
determined to have involved the servicing of the assets backing the
asset-backed securities covered in this Form 10-K report.
    (2) Discuss any steps taken to remedy a material instance of
noncompliance previously identified by an asserting party for its
activities with respect to asset-backed securities transactions taken
as a whole involving such party and that are backed by the same asset
type backing the asset-backed securities.
* * * * *
    (d) * * *
    (1) * * *
    (v) Aggregation of information, as applicable, is mathematically
accurate and the information conveyed accurately reflects the
information.
* * * * *
    Instruction 1 to Item 1122: The assessment should cover all asset-
backed securities transactions involving such party and that are backed
by the same asset type backing the class of asset-backed securities
which are the subject of the Commission filing. The asserting party may
take into account divisions among transactions that are consistent with
actual practices. However, if the asserting party includes in its
platform less than all of the transactions backed by the same asset
type that it services, a description of the scope of the platform
should be included in the assessment.
* * * * *

0
20. Add Sec.  229.1124 to read as follows:

Sec.  229.1124  (Item 1124) Sponsor interest in the securities.

    Provide information about any material change in the sponsor's, or
an affiliate's, interest in the securities resulting from the purchase,
sale or other acquisition or disposition of the securities by the
sponsor, or an affiliate, during the period covered by the report.
Describe the change, including the amount of change and the sponsor's,
or the affiliate's, resulting interest in the transaction after the
change.
    Instruction to Item 1124. The disclosure required under this item
shall separately state the resulting amount and nature of any interest
or asset retained in compliance with law, including any amounts that
are retained by parties other than the sponsor in order to satisfy such
requirement.

0
21A. Add Sec.  229.1125 to read as follows:

Sec.  229.1125  (Item 1125) Schedule AL--Asset-level information.

    (a) The following definitions apply to the terms used in this
schedule unless otherwise specified:
    Debt service reduction. A modification of the terms of a loan
resulting from a bankruptcy proceeding, such as a reduction of the
amount of the monthly payment on the related mortgage loan.
    Deficient valuation. A bankruptcy proceeding whereby the bankruptcy
court may establish the value of the mortgaged property at an amount
less than the then-outstanding principal balance of the mortgage loan
secured by the mortgaged property or may reduce the outstanding
principal balance of a mortgage loan.
    Underwritten. The amount of revenues or expenses adjusted based on
a number of assumptions made by the mortgage originator or seller.
    (b) As required by Item 1111(h) (Sec.  229.1111(h)), provide asset-
level information for each asset or security in the pool in the manner
specified in Appendix to Sec.  229.1125.
0
21B. Add an appendix to Sec.  229.1125 to read as follows:

Appendix to Sec.  229.1125--Schedule AL

    Item 1. Residential mortgages. If the asset pool includes
residential mortgages, provide the following data and the data under
Item 1 for each loan in the asset pool:
    (a) Asset numbers. (1) Asset number type. Identify the source of
the asset number used to specifically identify each asset in the
pool.
    (2) Asset number. Provide the unique ID number of the asset.
    Instruction to paragraph (a)(2): The asset number must reference
a single asset within the pool and should be the same number that
will be used to identify the asset for all reports that would be
required of an issuer under Sections 13 or 15(d) of the Exchange Act
(15 U.S.C. 78m or 78o(d)). If an asset is removed and replaced with
another asset, the asset added to the pool should be assigned a
unique asset number applicable to only that asset.
    (3) Asset group number. For structures with multiple collateral
groups, indicate the collateral group number in which the asset
falls.
    (b) Reporting period. (1) Reporting period begin date. Specify
the beginning date of the reporting period.
    (2) Reporting period end date. Specify the ending date of the
reporting period.
    (c) General information about the residential mortgage. (1)
Original loan purpose. Specify the code which describes the purpose
of the loan at the time the loan was originated.
    (2) Originator. Identify the name of the entity that originated
the loan.
    (3) Original loan amount. Indicate the amount of the loan at the
time the loan was originated.

    (4) Original loan maturity date. Indicate the month and year in
which the final payment on the loan is scheduled to be made at the
time the loan was originated.
    (5) Original amortization term. Indicate the number of months
that would have been required to retire the mortgage loan through
regular payments, as determined at the origination date of the loan.
In the case of an interest-only loan, the original amortization term
is the original term to maturity (other than in the case of a
balloon loan). In the case of a balloon loan, the original
amortization term is the number of months used to calculate the
principal and interest payment due each month (other than the
balloon payment).
    (6) Original interest rate. Provide the rate of interest at the
time the loan was originated.
    (7) Accrual type. Provide the code that describes the method
used to calculate interest on the loan.
    (8) Original interest rate type. Indicate whether the interest
rate on the loan is fixed, adjustable, step or other.
    (9) Original interest only term. Indicate the number of months
in which the obligor is permitted to pay only interest on the loan
beginning from when the loan was originated.
    (10) Underwriting indicator. Indicate whether the loan or asset
met the criteria for the first level of solicitation, credit-
granting or underwriting criteria used to originate the pool asset.
    (11) Original lien position. Indicate the code that describes
the priority of the lien against the subject property at the time
the loan was originated.
    (12) Information related to junior liens. If the loan is a first
mortgage with subordinate liens, provide the following additional
information for each non-first mortgage if obtained or available:
    (i) Most recent junior loan balance. Provide the most recent
combined balance of any subordinate liens.
    (ii) Date of most recent junior loan balance. Provide the date
of the most recent junior loan balance.
    (13) Information related to non-first mortgages. For non-first
mortgages, provide the following information if obtained or
available:
    (i) Most recent senior loan amount. Provide the total amount of
the balances of all associated senior loans.
    (ii) Date of most recent senior loan amount. Provide the date(s)
of the most recent senior loan amount.
    (iii) Loan type of most senior lien. Indicate the code that
describes the loan type of the first mortgage.
    (iv) Hybrid period of most senior lien. For non-first mortgages
where the associated first mortgage is a hybrid ARM, provide the
number of months remaining in the initial fixed interest rate period
for the first mortgage.
    (v) Negative amortization limit of most senior lien. For non-
first mortgages where the associated first mortgage features
negative amortization, indicate the negative amortization limit of
the mortgage as a percentage of the original unpaid principal
balance.
    (vi) Origination date of most senior lien. Provide the
origination date of the associated first mortgage.
    (14) Prepayment penalty indicator. Indicate yes or no as to
whether the loan includes a penalty charged to the obligor in the
event of a prepayment.
    (15) Negative amortization indicator. Indicate yes or no as to
whether the loan allows negative amortization.
    (16) Modification indicator. Indicate yes or no as to whether
the loan has been modified from its original terms.
    (17) Number of modifications. Provide the number of times that
the loan has been modified.
    (18) Mortgage insurance requirement indicator. Indicate yes or
no as to whether mortgage insurance is or was required as a
condition for originating the loan.
    (19) Balloon indicator. Indicate yes or no as to whether the
loan documents require a lump-sum to fully pay off the loan.
    (20) Covered/High cost loan indicator. Indicate yes, no or
unknown as to whether as of the end of the reporting period the loan
is categorized as ``high cost,'' ``higher priced'' or ``covered''
according to applicable federal, state or local statutes, ordinances
or regulations.
    (21) Servicer-placed hazard insurance. Indicate yes, no or
unknown as to whether as of the end of the reporting period the
hazard insurance on the property is servicer-placed.
    (22) Refinance cash-out amount. For any refinance loan that is a
cash-out refinance provide the amount the obligor received after all
other loans to be paid by the mortgage proceeds have been satisfied.
For any refinance loan that is a no-cash-out refinance provide the
result of the following calculation: [NEW LOAN AMOUNT]-[PAID OFF
FIRST MORTGAGE LOAN AMOUNT]-[PAID OFF SECOND MORTGAGE LOAN AMOUNT]-
[CLOSING COSTS].
    (23) Total origination and discount points. Provide the amount
paid to the lender to increase the lender's effective yield and, in
the case of discount points, to reduce the interest rate paid by the
obligor.
    (24) Broker. Indicate yes or no as to whether a broker
originated or was involved in the origination of the loan.
    (25) Channel. Specify the code that describes the source from
which the issuer obtained the loan.
    (26) NMLS company number. Specify the National Mortgage License
System (NMLS) registration number of the company that originated the
loan.
    (27) Buy down period. Indicate the total number of months during
which any buy down is in effect, representing the accumulation of
all buy down periods.
    (28) Loan delinquency advance days count. Indicate the number of
days after which a servicer can stop advancing funds on a delinquent
loan.
    (29) Information related to ARMs. If the loan is an ARM, provide
the following additional information:
    (i) Original ARM Index. Specify the code that describes the type
and source of index to be used to determine the interest rate at
each adjustment.
    (ii) ARM Margin. Indicate the number of percentage points that
is added to the index value to establish the new interest rate at
each interest rate adjustment date.
    (iii) Fully indexed interest rate. Indicate the fully indexed
interest rate to which the obligor was underwritten.
    (iv) Initial fixed rate period for hybrid ARM. If the interest
rate is initially fixed for a period of time, indicate the number of
months between the first payment date of the loan and the first
interest rate adjustment date.
    (v) Initial interest rate decrease. Indicate the maximum
percentage by which the interest rate may decrease at the first
interest rate adjustment date.
    (vi) Initial interest rate increase. Indicate the maximum
percentage by which the interest rate may increase at the first
interest rate adjustment date.
    (vii) Index look-back. Provide the number of days prior to an
interest rate effective date used to determine the appropriate index
rate.
    (viii) Subsequent interest rate reset period. Indicate the
number of months between subsequent rate adjustments.
    (ix) Lifetime rate ceiling. Indicate the percentage of the
maximum interest rate that can be in effect during the life of the
loan.
    (x) Lifetime rate floor. Indicate the percentage of the minimum
interest rate that can be in effect during the life of the loan.
    (xi) Subsequent interest rate decrease. Provide the maximum
number of percentage points by which the interest rate may decrease
at each rate adjustment date after the initial adjustment.
    (xii) Subsequent interest rate increase. Provide the maximum
number of percentage points by which the interest rate may increase
at each rate adjustment date after the initial adjustment.
    (xiii) Subsequent payment reset period. Indicate the number of
months between payment adjustments after the first interest rate
adjustment date.
    (xiv) ARM round indicator. Indicate the code that describes
whether an adjusted interest rate is rounded to the next higher
adjustable rate mortgage round factor, to the next lower round
factor, or to the nearest round factor.
    (xv) ARM round percentage. Indicate the percentage to which an
adjusted interest rate is to be rounded.
    (xvi) Option ARM indicator. Indicate yes or no as to whether the
loan is an option ARM.
    (xvii) Payment method after recast. Specify the code that
describes the means of computing the lowest monthly payment
available to the obligor after recast.
    (xviii) Initial minimum payment. Provide the amount of the
initial minimum payment the obligor is permitted to make.
    (xix) Convertible indicator. Indicate yes or no as to whether
the obligor of the loan has an option to convert an adjustable
interest rate to a fixed interest rate during a specified conversion
window.
    (xx) HELOC indicator. Indicate yes or no as to whether the loan
is a home equity line of credit (HELOC).
    (xxi) HELOC draw period. Indicate the original maximum number of
months from the month the loan was originated during

which the obligor may draw funds against the HELOC account.
    (30) Information related to prepayment penalties. If the obligor
is subject to prepayment penalties, provide the following additional
information:
    (i) Prepayment penalty calculation. Specify the code that
describes the method for calculating the prepayment penalty for the
loan.
    (ii) Prepayment penalty type. Specify the code that describes
the type of prepayment penalty.
    (iii) Prepayment penalty total term. Provide the total number of
months after the origination of the loan that the prepayment penalty
may be in effect.
    (iv) Prepayment penalty hard term. For hybrid prepayment
penalties, provide the number of months after the origination of the
loan during which a ``hard'' prepayment penalty applies.
    (31) Information related to negative amortization. If the loan
allows for negative amortization, provide the following additional
information:
    (i) Negative amortization limit. Specify the maximum amount of
negative amortization that is allowed before recalculating a fully
amortizing payment based on the new loan balance.
    (ii) Initial negative amortization recast period. Indicate the
number of months after the origination of the loan that negative
amortization is allowed.
    (iii) Subsequent negative amortization recast period. Indicate
the number of months after which the payment is required to recast
after the first amortization recast period.
    (iv) Negative amortization balance amount. Provide the amount of
the negative amortization balance accumulated as of the end of the
reporting period.
    (v) Initial fixed payment period. Indicate the number of months
after the origination of the loan during which the payment is fixed.
    (vi) Initial periodic payment cap. Indicate the maximum
percentage by which a payment can increase in the first amortization
recast period.
    (vii) Subsequent periodic payment cap. Indicate the maximum
percentage by which a payment can increase in one amortization
recast period after the initial cap.
    (viii) Initial minimum payment reset period. Provide the maximum
number of months after the origination of the loan that an obligor
can initially pay the minimum payment before a new minimum payment
is determined.
    (ix) Subsequent minimum payment reset period. Provide the
maximum number of months after the initial period an obligor can pay
the minimum payment before a new minimum payment is determined.
    (x) Minimum payment. Provide the amount of the minimum payment
due during the reporting period.
    (d) Information related to the property. (1) Geographic
location. Specify the location of the property by providing the two-
digit zip code.
    (2) Occupancy status. Specify the code that describes the
property occupancy status at the time the loan was originated.
    (3) Most recent occupancy status. If a property inspection has
been performed after the loan is originated, provide the code that
describes the manner in which the property is occupied.
    (4) Property type. Specify the code that describes the type of
property that secures the loan.
    (5) Most recent property value. If an additional property
valuation was obtained by any transaction party or its affiliates
after the original appraised property value, provide the most recent
property value obtained.
    (6) Most recent property valuation type. Specify the code that
describes the method by which the most recent property value was
reported.
    (7) Most recent property valuation date. Specify the date on
which the most recent property value was reported.
    (8) Most recent AVM model name. Provide the code indicating the
name of the AVM model if an AVM was used to determine the most
recent property value.
    (9) Most recent AVM confidence score. If an additional AVM was
obtained by any transaction party or its affiliates after the
original valuation, provide the confidence score presented on the
most recent AVM report.
    (10) Original combined loan-to-value. Provide the ratio obtained
by dividing the amount of all known outstanding mortgage liens on a
property at origination by the lesser of the original appraised
property value or the sales price.
    (11) Original loan-to-value. Provide the ratio obtained by
dividing the amount of the original mortgage loan at origination by
the lesser of the original appraised property value or the sales
price.
    (e) Information related to the obligor. (1) Original number of
obligors. Indicate the number of obligors who are obligated to repay
the mortgage note at the time the loan was originated.
    (2) Original obligor credit score. Provide the standardized
credit score of the obligor used to evaluate the obligor during the
loan origination process.
    (3) Original obligor credit score type. Specify the type of the
standardized credit score used to evaluate the obligor during the
loan origination process.
    (4) Most recent obligor credit score. If an additional credit
score was obtained by any transaction party or its affiliates after
the original credit score, provide the most recently obtained
standardized credit score of the obligor.
    (5) Most recent obligor credit score type. Specify the type of
the most recently obtained standardized credit score of the obligor.
    (6) Date of most recent obligor credit score. Provide the date
of the most recently obtained standardized credit score of the
obligor.
    (7) Obligor income verification level. Indicate the code
describing the extent to which the obligor's income was verified
during the loan origination process.
    (8) 4506--T Indicator. Indicate yes or no whether a Transcript
of Tax Return (received pursuant to the filing of IRS Form 4506-T)
was obtained and considered.
    (9) Originator front-end debt-to-income (DTI). Provide the
front-end DTI ratio used by the originator to qualify the loan.
    (10) Originator back-end DTI. Provide the back-end DTI ratio
used by the originator to qualify the loan.
    (11) Obligor employment verification. Indicate the code
describing the extent to which the obligor's employment was verified
during the loan origination process.
    (12) Length of employment--obligor. Indicate whether the obligor
was employed by its current employer for greater than 24 months at
the time the loan was originated.
    (13) Obligor asset verification. Indicate the code describing
the extent to which the obligor's assets used to qualify the loan
was verified during the loan origination process.
    (14) Original pledged assets. If the obligor(s) pledged
financial assets to the lender instead of making a down payment,
provide the total value of assets pledged as collateral for the loan
at the time of origination.
    (15) Qualification method. Specify the code that describes the
type of mortgage payment used to qualify the obligor for the loan.
    (f) Information related to mortgage insurance. If mortgage
insurance is required on the mortgage, provide the following
additional information:
    (1) Mortgage insurance company name. Provide the name of the
entity providing mortgage insurance for the loan.
    (2) Mortgage insurance coverage. Indicate the total percentage
of the original loan balance that is covered by mortgage insurance.
    (3) Pool insurance company. Provide the name of the pool
insurance provider.
    (4) Pool insurance stop loss percent. Provide the aggregate
amount that the pool insurance company will pay, calculated as a
percentage of the pool balance.
    (5) Mortgage insurance coverage plan type. Specify the code that
describes the coverage category of the mortgage insurance applicable
to the loan.
    (g) Information related to activity on the loan. (1) Asset added
indicator. Indicate yes or no whether the asset was added to the
pool during the reporting period.
    Instruction to paragraph (g)(1): A response to this data point
is required only when assets are added to the asset pool after the
final prospectus under Sec.  230.424 of this chapter is filed.
    (2) Remaining term to maturity. Indicate the number of months
from the end of the reporting period to the loan maturity date.
    (3) Modification indicator--reporting period. Indicate yes or no
whether the asset was modified during the reporting period.
    (4) Next payment due date. For loans that have not been paid
off, indicate the next payment due date.
    (5) Advancing method. Specify the code that indicates a
servicer's responsibility for advancing principal or interest on
delinquent loans.
    (6) Servicing advance methodology. Indicate the code that
describes the manner in which principal and/or interest are advanced
by the servicer.
    (7) Stop principal and interest advance date. Provide the first
payment due date for

which the servicer ceased advancing principal or interest.
    (8) Reporting period beginning loan balance. Indicate the
outstanding principal balance of the loan as of the beginning of the
reporting period.
    (9) Reporting period beginning scheduled loan balance. Indicate
the scheduled principal balance of the loan as of the beginning of
the reporting period.
    (10) Next reporting period payment amount due. Indicate the
total payment due to be collected in the next reporting period.
    (11) Reporting period interest rate. Indicate the interest rate
in effect during the reporting period.
    (12) Next interest rate. For loans that have not been paid off,
indicate the interest rate that is in effect for the next reporting
period.
    (13) Servicing fee--percentage. If the servicing fee is based on
a percentage, provide the percentage used to calculate the aggregate
servicing fee.
    (14) Servicing fee--flat-fee. If the servicing fee is based on a
flat-fee amount, indicate the monthly servicing fee paid to all
servicers.
    (15) Other assessed but uncollected servicer fees. Provide the
cumulative amount of late charges and other fees that have been
assessed by the servicer, but not paid by the obligor.
    (16) Other loan-level servicing fee(s) retained by the servicer.
Provide the amount of all other fees earned by loan administrators
during the reporting period that reduced the amount of funds
remitted to the issuing entity (including subservicing, master
servicing, trustee fees, etc.).
    (17) Scheduled interest amount. Indicate the interest payment
amount that was scheduled to be collected during the reporting
period.
    (18) Other interest adjustments. Indicate any unscheduled
interest adjustments during the reporting period.
    (19) Scheduled principal amount. Indicate the principal payment
amount that was scheduled to be collected during the reporting
period.
    (20) Other principal adjustments. Indicate any other amounts
that caused the principal balance of the loan to be decreased or
increased during the reporting period.
    (21) Reporting period ending actual balance. Indicate the actual
balance of the loan as of the end of the reporting period.
    (22) Reporting period ending scheduled balance. Indicate the
scheduled principal balance of the loan as of the end of the
reporting period.
    (23) Reporting period scheduled payment amount. Indicate the
total payment amount that was scheduled to be collected during the
reporting period (including all fees and escrows).
    (24) Total actual amount paid. Indicate the total payment
(including all escrows) paid to the servicer during the reporting
period.
    (25) Actual interest collected. Indicate the gross amount of
interest collected during the reporting period, whether or not from
the obligor.
    (26) Actual principal collected. Indicate the amount of
principal collected during the reporting period, whether or not from
the obligor.
    (27) Actual other amounts collected. Indicate the total of any
amounts, other than principal and interest, collected during the
reporting period, whether or not from the obligor.
    (28) Paid through date. Provide the date the loan's scheduled
principal and interest is paid through as of the end of the
reporting period.
    (29) Interest paid through date. Provide the date through which
interest is paid with the payment received during the reporting
period, which is the effective date from which interest will be
calculated for the application of the next payment.
    (30) Paid-in-full amount. Provide the scheduled loan ``paid-in-
full'' amount (principal) (do not include the current month's
scheduled principal). Applies to all liquidations and loan payoffs.
    (31) Information related to servicer advances.
    (i) Servicer advanced amount--principal. Provide the total
amount the servicer advanced for the reporting period for due but
unpaid principal on the loan.
    (ii) Servicer advanced amounts repaid--principal. Provide the
total amount of any payments made by the obligor during the
reporting period that was applied to outstanding advances of due but
unpaid principal on the loan.
    (iii) Servicer advances cumulative--principal. Provide the
outstanding cumulative amount of principal advances made by the
servicer as of the end of the reporting period, including amounts
advanced for the reporting period.
    (iv) Servicer advanced amount--interest. Provide the total
amount the servicer advanced for the reporting period for due but
unpaid interest on the loan.
    (v) Servicer advanced amounts repaid--interest. Provide the
total amount of any payments made by the obligor during the
reporting period that was applied to outstanding advances of due but
unpaid interest on the loan.
    (vi) Servicer advances cumulative--interest. Provide the
outstanding cumulative amount of interest advances made by the
servicer as of the end of the reporting period, including amounts
advanced for the reporting period.
    (vii) Servicer advanced amount--taxes and insurance. Provide the
total amount the servicer advanced for the reporting period for due
but unpaid property tax and insurance payments (escrow amounts).
    (viii) Servicer advanced amount repaid--taxes and insurance.
Provide the total amount of any payment made by the obligor during
the reporting period that was applied to outstanding advances of due
but unpaid escrow amounts.
    (ix) Servicer advances cumulative--taxes and insurance. Provide
the outstanding cumulative amount of escrow advances made by the
servicer as of the end of the reporting period, including amounts
advanced for the reporting period.
    (x) Servicer advanced amount--corporate. Provide the total
amount the servicer advanced for property inspection and
preservation expenses for the reporting period.
    (xi) Servicer advanced amount repaid--corporate. Provide the
total amount of any payments made by the obligor during the
reporting period that was applied to outstanding corporate advances.
    (xii) Servicer advances cumulative--corporate. Provide the
outstanding cumulative amount of corporate advances made by the
servicer as of the end of the reporting period, including amounts
advanced for the reporting period.
    Instruction to paragraph (g)(31): For loans modified or
liquidated during a reporting period the data provided in response
to this paragraph (g)(31) is to be information as of the liquidation
date or modification date, as applicable.
    (32) Zero balance loans. If the loan balance was reduced to zero
during the reporting period, provide the following additional
information about the loan.
    (i) Zero balance effective date. Provide the date on which the
loan balance was reduced to zero.
    (ii) Zero balance code. Provide the code that indicates the
reason the loan's balance was reduced to zero.
    (33) Most recent 12-month pay history. Provide the string that
indicates the payment status per month listed from oldest to most
recent.
    (34) Number of payments past due. Indicate the number of
payments the obligor is past due as of the end of the reporting
period.
    (35) Information related to activity on ARM loans. If the loan
is an ARM, provide the following additional information.
    (i) Rate at next reset. Provide the interest rate that will be
used to determine the next scheduled interest payment, if known.
    (ii) Next payment change date. Provide the next date that the
amount of scheduled principal and/or interest is scheduled to
change.
    (iii) Next interest rate change date. Provide the next scheduled
date on which the interest rate is scheduled to change.
    (iv) Payment at next reset. Provide the principal and interest
payment due after the next scheduled interest rate change, if known.
    (v) Exercised ARM conversion option indicator. Indicate yes or
no whether the obligor exercised an option to convert an ARM loan to
a fixed interest rate loan during the reporting period.
    (h) Information related to servicers. (1) Primary servicer.
Indicate the name of the entity that serviced the loan during the
reporting period.
    (2) Most recent servicing transfer received date. If a loan's
servicing has been transferred, provide the effective date of the
most recent servicing transfer.
    (3) Master servicer. Provide the name of the entity that served
as master servicer during the reporting period, if applicable.
    (4) Special servicer. Provide the name of the entity that served
as special servicer during the reporting period, if applicable.
    (5) Subservicer. Provide the name of the entity that served as a
subservicer during the reporting period, if applicable.
    (i) Asset subject to demand. Indicate yes or no whether during
the reporting period the

loan was the subject of a demand to repurchase or replace for breach
of representations and warranties, including investor demands upon a
trustee. If the loan is the subject of a demand to repurchase or
replace for breach of representations and warranties, including
investor demands upon a trustee, provide the following additional
information:
    (1) Status of asset subject to demand. Indicate the code that
describes the status of the repurchase or replacement demand as of
the end of the reporting period.
    (2) Repurchase amount. Provide the amount paid to repurchase the
loan from the pool.
    (3) Demand resolution date. Indicate the date the loan
repurchase or replacement demand was resolved.
    (4) Repurchaser. Specify the name of the repurchaser.
    (5) Repurchase or replacement reason. Indicate the code that
describes the reason for the repurchase or replacement.
    (j) Information related to loans that have been charged off. If
the loan has been charged off, provide the following additional
information:
    (1) Charged-off principal amount. Specify the total amount of
uncollected principal charged off.
    (2) Charged-off interest amount. Specify the total amount of
uncollected interest charged off.
    (k) [Reserved]
    (l) Loss mitigation type indicator. Indicate the code that
describes the type of loss mitigation the servicer is pursuing with
the obligor, loan, or property as of the end of the reporting
period.
    (m) Information related to loan modifications. If the loan has
been modified from its original terms, provide the following
additional information about the most recent loan modification:
    (1) Most recent loan modification event type. Specify the code
that describes the most recent action that has resulted in a change
or changes to the loan note terms.
    (2) Effective date of the most recent loan modification. Provide
the date on which the most recent modification of the loan has gone
into effect.
    (3) Post-modification maturity date. Provide the loan's maturity
date as of the modification effective payment date.
    (4) Post-modification interest rate type. Indicate whether the
interest rate type on the loan after the modification is fixed,
adjustable, step, or other.
    (5) Post-modification amortization type. Indicate the
amortization type after modification.
    (6) Post-modification interest rate. Provide the interest rate
in effect as of the modification effective payment date.
    (7) Post-modification first payment date. Indicate the date of
the first payment due after the loan modification.
    (8) Post-modification loan balance. Provide the loan balance as
of the modification effective payment date as reported on the
modification documents.
    (9) Post-modification principal and interest payment. Provide
total principal and interest payment amount as of the modification
effective payment date.
    (10) Total capitalized amount. Provide the amount added to the
principal balance of the loan due to the modification.
    (11) Income verification indicator (at modification). Indicate
yes or no whether a Transcript of Tax Return (received pursuant to
the filing of IRS Form 4506-T) was obtained and considered during
the loan modification process.
    (12) Modification front-end DTI. Provide the front-end DTI ratio
used to qualify the modification.
    (13) Modification back-end DTI. Provide the back-end DTI ratio
used to qualify the modification.
    (14) Total deferred amount. Provide the deferred amount that is
non-interest bearing.
    (15) Forgiven principal amount (cumulative). Provide the total
amount of all principal balance reductions as a result of loan
modifications over the life of the loan.
    (16) Forgiven principal amount (reporting period). Provide the
total principal balance reduction as a result of a loan modification
during the reporting period.
    (17) Forgiven interest amount (cumulative). Provide the total
amount of all interest forgiven as a result of loan modifications
over the life of the loan.
    (18) Forgiven interest amount (reporting period). Provide the
total gross interest forgiven as a result of a loan modification
during the reporting period.
    (19) Actual ending balance--total debt owed. For a loan with
principal forbearance, provide the sum of the actual ending balance
field plus the principal deferred amount. For all other loans,
provide the actual ending balance.
    (20) Scheduled ending balance--total debt owed. For a loan with
principal forbearance, provide the sum of the scheduled ending
balance field plus the deferred amount. For all other loans, provide
the scheduled ending balance.
    (21) Information related to ARM loan modifications. If the loan
was an ARM before and after the most recent modification, provide
the following additional information:
    (i) Post-modification ARM indicator. Indicate whether the loan's
existing ARM parameters have changed per the modification agreement.
    (ii) Post-modification ARM index. Specify the code that
describes the index on which an adjustable interest rate is based as
of the modification effective payment date.
    (iii) Post-modification margin. Provide the margin as of the
modification effective payment date. The margin is the number of
percentage points added to the index to establish the new rate.
    (iv) Post-modification interest reset period (if changed).
Provide the number of months of the interest reset period of the
loan as of the modification effective payment date.
    (v) Post-modification next reset date. Provide the next interest
reset date as of the modification effective payment date.
    (vi) Post-modification index lookback. Provide the number of
days prior to an interest rate effective date used to determine the
appropriate index rate as of the modification effective payment
date.
    (vii) Post-modification ARM round indicator. Indicate the code
that describes whether an adjusted interest rate is rounded to the
next higher adjustable rate mortgage round factor, to the next lower
round factor, or to the nearest round factor as of the modification
effective payment date.
    (viii) Post-modification ARM round percentage. Indicate the
percentage to which an adjusted interest rate is to be rounded as of
the modification effective payment date.
    (ix) Post-modification initial minimum payment. Provide the
amount of the initial minimum payment the obligor is permitted to
make as of the modification effective payment date.
    (x) Post-modification next payment adjustment date. Provide the
due date on which the next payment adjustment is scheduled to occur
for an ARM loan per the modification agreement.
    (xi) Post-modification ARM payment recast frequency. Provide the
payment recast frequency of the loan (in months) per the
modification agreement.
    (xii) Post-modification lifetime rate floor. Provide the minimum
rate of interest that may be applied to an adjustable rate loan over
the course of the loan's life as of the modification effective
payment date.
    (xiii) Post-modification lifetime rate ceiling. Provide the
maximum rate of interest that may be applied to an adjustable rate
loan over the course of the loan's life as of the modification
effective payment date.
    (xiv) Post-modification initial interest rate increase. Indicate
the maximum percentage by which the interest rate may increase at
the first interest rate adjustment date after the loan modification.
    (xv) Post-modification initial interest rate decrease. Provide
the maximum percentage by which the interest rate may adjust
downward on the first interest rate adjustment date after the loan
modification.
    (xvi) Post-modification subsequent interest rate increase.
Provide the maximum number of percentage points by which the rate
may increase at each rate adjustment date after the initial rate
adjustment as of the modification effective payment date.
    (xvii) Post-modification subsequent interest rate decrease.
Provide the maximum number of percentage points by which the
interest rate may decrease at each rate adjustment date after the
initial adjustment as of the modification effective payment date.
    (xviii) Post-modification payment cap. Provide the percentage
value by which a payment may increase or decrease in one period as
of the modification effective payment date.
    (xix) Post-modification payment method after recast. Specify the
code that describes the means of computing the lowest monthly
payment available to the obligor after recast as of the modification
effective payment date.
    (xx) Post-modification ARM interest rate teaser period. Provide
the duration in months that the teaser interest rate is in effect as
of the modification effective payment date.
    (xxi) Post-modification payment teaser period. Provide the
duration in months that the teaser payment is in effect as of the
modification effective payment date.
    (xxii) Post-modification ARM negative amortization indicator.
Indicate yes or no whether a negative amortization feature is

part of the loan as of the modification effective payment date.
    (xxiii) Post-modification ARM negative amortization cap. Provide
the maximum percentage of negative amortization allowed on the loan
as of the modification effective payment date.
    (22) Information related to loan modifications involving
interest-only periods. If the loan terms for the most recent loan
modification include an interest only period, provide the following
additional information:
    (i) Post-modification interest-only term. Provide the number of
months of the interest-only period from the modification effective
payment date.
    (ii) Post-modification interest-only last payment date. Provide
the date of the last interest-only payment as of the modification
effective payment date.
    (23) Post-modification balloon payment amount. Provide the new
balloon payment amount due at maturity as a result of the loan
modification, not including deferred amounts.
    (24) Information related to step loans. If the loans terms for
the most recent loan modification agreement call for the interest
rate to step up over time, provide the following additional
information:
    (i) Post-modification interest rate step indicator. Indicate
whether the terms of the modification agreement call for the
interest rate to step up over time.
    (ii) Post-modification step interest rate. Provide the rate(s)
that will apply at each change date as stated in the loan
modification agreement. All rates must be provided, not just the
first change rate, unless there is only a single change date.
    (iii) Post-modification step date. Provide the date(s) at which
the next rate and/or payment change will occur per the loan
modification agreement. All dates must be provided, not just the
first change, unless there is only a single change date.
    (iv) Post-modification--step principal and interest. Provide the
principal and interest payment(s) that will apply at each change
date as stated in the loan modification agreement. All payments must
be provided, not just the first change payment, unless there is only
a single change date.
    (v) Post-modification--number of steps. Provide the total number
of step rate adjustments under the step agreement.
    (vi) Post-modification maximum future rate under step agreement.
Provide the maximum interest rate to which the loan will step up.
    (vii) Post-modification date of maximum rate under step
agreement. Provide the date on which the maximum interest rate will
be reached.
    (25) Non-interest bearing principal deferred amount
(cumulative). Provide the total amount of principal deferred (or
forborne) by the modification that is not subject to interest
accrual.
    (26) Non-interest bearing principal deferred amount (reporting
period). Provide the total amount of principal deferred by the
modification that is not subject to interest accrual.
    (27) Recovery of deferred principal (reporting period). Provide
the amount of deferred principal collected from the obligor during
the reporting period.
    (28) Non-interest bearing deferred paid-in-full amount. If the
loan had a principal forbearance and was paid in full or liquidated,
provide the amount paid towards the amount of the principal
forbearance.
    (29) Non-interest bearing deferred interest and fees amount
(reporting period). Provide the total amount of interest and
expenses deferred by the modification that is not subject to
interest accrual during the reporting period.
    (30) Non-interest bearing deferred interest and fees amount
(cumulative). Provide the total amount of interest and expenses
deferred by the modification that is not subject to interest
accrual.
    (31) Recovery of deferred interest and fees (reporting period).
Provide the amount of deferred interest and fees collected during
the reporting period.
    (n) Information related to forbearance or trial modification. If
the type of loss mitigation is forbearance or a trial modification,
provide the following additional information. A forbearance plan
refers to a period during which either no payment or a payment
amount less than the contractual obligation is required from the
obligor. A trial modification refers to a temporary loan
modification during which an obligor's application for a permanent
loan modification is under evaluation.
    (1) Most recent forbearance plan or trial modification start
date. Provide the date on which a payment change pursuant to the
most recent forbearance plan or trial modification started.
    (2) Most recent forbearance plan or trial modification scheduled
end date. Provide the date on which a payment change pursuant to the
most recent forbearance plan or trial modification is scheduled to
end.
    (3) Most recent trial modification violated date. Provide the
date on which the obligor ceased complying with the terms of the
most recent trial modification.
    (o) Information related to repayment plan. If the type of loss
mitigation is a repayment plan, provide the following additional
information. A repayment plan refers to a period during which an
obligor has agreed to make monthly mortgage payments greater than
the contractual installment in an effort to bring a delinquent loan
current.
    (1) Most recent repayment plan start date. Provide the date on
which the most recent repayment plan started.
    (2) Most recent repayment plan scheduled end date. Provide the
date on which the most recent repayment plan is scheduled to end.
    (3) Most recent repayment plan violated date. Provide the date
on which the obligor ceased complying with the terms of the most
recent repayment plan.
    (p) Information related to short sales. Short sale refers to the
process in which a servicer workers with a delinquent obligor to
sell the property prior to the foreclosure sale. If the type of loss
mitigation is short sale, provide the following information:
    (1) Short sale accepted offer amount. Provide the amount
accepted for a pending short sale.
    (2) [Reserved]
    (q) Information related to loss mitigation exit. If the loan has
exited loss mitigation efforts during the reporting period, provide
the following additional information:
    (1) Most recent loss mitigation exit date. Provide the date on
which the servicer deemed the most recent loss mitigation effort to
have ended.
    (2) Most recent loss mitigation exit code. Indicate the code
that describes the reason the most recent loss mitigation effort
ended.
    (r) Information related to loans in the foreclosure process. If
the loan is in foreclosure, provide the following additional
information:
    (1) Attorney referral date. Provide the date on which the loan
was referred to a foreclosure attorney.
    (2) Foreclosure delay reason. Indicate the code that describes
the reason for delay within the foreclosure process.
    (3) Foreclosure exit date. If the loan exited foreclosure during
the reporting period, provide the date on which the loan exited
foreclosure.
    (4) Foreclosure exit reason. If the loan exited foreclosure
during the reporting period, indicate the code that describes the
reason the foreclosure proceeding ended.
    (5) NOI Date. If a notice of intent (NOI) has been sent, provide
the date on which the servicer sent the NOI correspondence to the
obligor informing the obligor of the acceleration of the loan and
pending initiation of foreclosure action.
    (s) Information related to REO. REO (Real Estate Owned) refers
to property owned by a lender after an unsuccessful sale at a
foreclosure auction. If the loan is REO, provide the following
additional information:
    (1) Most recent accepted REO offer amount. If an REO offer has
been accepted, provide the amount accepted for the REO sale.
    (2) Most recent accepted REO offer date. If an REO offer has
been accepted, provide the date on which the REO sale amount was
accepted.
    (3) Gross liquidation proceeds. If the REO sale has closed,
provide the gross amount due to the issuing entity as reported on
Line 420 of the HUD-1 settlement statement.
    (4) Net sales proceeds. If the REO sale has closed, provide the
net proceeds received from the escrow closing (before servicer
reimbursement).
    (5) Reporting period loss amount passed to issuing entity.
Provide the cumulative loss amount passed through to the issuing
entity during the reporting period, including subsequent loss
adjustments and any forgiven principal as a result of a modification
that was passed through to the issuing entity.
    (6) Cumulative total loss amount passed to issuing entity.
Provide the loss amount passed through to the issuing entity to
date, including any forgiven principal as a result of a modification
that was passed through to the issuing entity.
    (7) Subsequent recovery amount. Provide the reporting period
amount recovered subsequent to the initial gain/loss recognized at
the time of liquidation.
    (8) Eviction indicator. Indicate whether an eviction process has
begun.

    (9) REO exit date. If the loan exited REO during the reporting
period, provide the date on which the loan exited REO status.
    (10) REO exit reason. If the loan exited REO during the
reporting period, indicate the code that describes the reason the
loan exited REO status.
    (t) Information related to losses.
    (1) Information related to loss claims.
    (i) UPB at liquidation. Provide the actual unpaid principal
balance (UPB) at the time of liquidation.
    (ii) Servicing fees claimed. Provide the amount of accrued
servicing fees claimed at time of servicer reimbursement after
liquidation.
    (iii) Servicer advanced amounts reimbursed--principal. Provide
the total amount of unpaid principal advances made by the servicer
that were reimbursed to the servicer.
    (iv) Servicer advanced amounts reimbursed--interest. Provide the
total amount of unpaid interest advances made by the servicer that
were reimbursed to the servicer.
    (v) Servicer advanced amount reimbursed--taxes and insurance.
Provide the total amount of any unpaid escrow amounts advanced by
the servicer that were reimbursed to the servicer.
    (vi) Servicer advanced amount reimbursed--corporate. Provide the
total amount of any outstanding advances of property inspection and
preservation expenses made by the servicer that were reimbursed to
the servicer.
    (vii) REO management fees. If the loan is in REO, provide the
total amount of REO management fees (including auction fees) paid
over the life of the loan.
    (viii) Cash for keys/cash for deed. Provide the total amount
paid to the obligor or tenants in exchange for vacating the
property, or the payment to the obligor to accelerate a deed-in-lieu
process or complete a redemption period.
    (ix) Performance incentive fees. Provide the total amount paid
to the servicer in exchange for carrying out a deed-in-lieu or short
sale or similar activities.
    (2) [Reserved]
    (u) Information related to mortgage insurance claims. If a
mortgage insurance claim (MI claim) has been submitted to the
primary mortgage insurance company for reimbursement, provide the
following additional information:
    (1) MI claim filed date. Provide the date on which the servicer
filed an MI claim.
    (2) MI claim amount. Provide the amount of the MI claim filed by
the servicer.
    (3) MI claim paid date. If the MI claim has been paid, provide
the date on which the MI company paid the MI claim.
    (4) MI claim paid amount. If the MI claim has been decided,
provide the amount of the claim paid by the MI company.
    (5) MI claim denied/rescinded date. If the MI claim has been
denied or rescinded, provide the final MI denial date after all
servicer appeals.
    (6) Marketable title transferred date. If the deed for the
property has been conveyed to the MI company, provide the date of
actual title conveyance to the MI company.
    (v) Information related to delinquent loans. (1) Non-pay status.
Indicate the code that describes the delinquency status of the loan.
    (2) Reporting action code. Further indicate the code that
defines the default/delinquent status of the loan.
    Item 2. Commercial mortgages. If the asset pool includes
commercial mortgages, provide the following data for each loan in
the asset pool:
    (a) Asset numbers. (1) Asset number type. Identify the source of
the asset number used to specifically identify each asset in the
pool.
    (2) Asset number. Provide the unique ID number of the asset.
    Instruction to paragraph (a)(2): The asset number must reference
a single asset within the pool and should be the same number that
will be used to identify the asset for all reports that would be
required of an issuer under Sections 13 or 15(d) of the Exchange Act
(15 U.S.C. 78m or 78o(d)). If an asset is removed and replaced with
another asset, the asset added to the pool should be assigned a
unique asset number applicable to only that asset.
    (3) Group ID. Indicate the alpha-numeric code assigned to each
loan group within a securitization.
    (b) Reporting period. (1) Reporting period begin date. Specify
the beginning date of the reporting period.
    (2) Reporting period end date. Specify the ending date of the
reporting period.
    (c) General information about the commercial mortgage. (1)
Originator. Identify the name or MERS organization number of the
originator entity.
    (2) Origination date. Provide the date the loan was originated.
    (3) Original loan amount. Indicate the amount of the loan at the
time the loan was originated.
    (4) Original loan term. Indicate the term of the loan in months
at the time the loan was originated.
    (5) Maturity date. Indicate the date the final scheduled payment
is due per the loan documents.
    (6) Original amortization term. Indicate the number of months
that would have been required to retire the loan through regular
payments, as determined at the origination date of the loan.
    (7) Original interest rate. Provide the rate of interest at the
time the loan was originated.
    (8) Interest rate at securitization. Indicate the annual gross
interest rate used to calculate interest for the loan as of
securitization.
    (9) Interest accrual method. Provide the code that indicates the
``number of days'' convention used to calculate interest.
    (10) Original interest rate type. Indicate whether the interest
rate on the loan is fixed, adjustable, step or other.
    (11) Original interest-only term. Indicate the number of months
in which the obligor is permitted to pay only interest on the loan.
    (12) First loan payment due date. Provide the date on which the
borrower must pay the first full interest and/or principal payment
due on the mortgage in accordance with the loan documents.
    (13) Underwriting indicator. Indicate whether the loan or asset
met the criteria for the first level of solicitation, credit-
granting or underwriting criteria used to originate the pool asset.
    (14) Lien position at securitization. Indicate the code that
describes the lien position for the loan as of securitization.
    (15) Loan structure. Indicate the code that describes the type
of loan structure including the seniority of participated mortgage
loan components. The code relates to the loan within the
securitization.
    (16) Payment type. Indicate the code that describes the type or
method of payment for a loan.
    (17) Periodic principal and interest payment at securitization.
Provide the total amount of principal and interest due on the loan
in effect as of securitization.
    (18) Scheduled principal balance at securitization. Indicate the
outstanding scheduled principal balance of the loan as of
securitization.
    (19) Payment frequency. Indicate the code that describes the
frequency mortgage loan payments are required to be made.
    (20) Number of properties at securitization. Provide the number
of properties which serve as mortgage collateral for the loan as of
securitization.
    (21) Number of properties. Provide the number of properties
which serve as mortgage collateral for the loan as of the end of the
reporting period.
    (22) Grace days allowed. Provide the number of days after a
mortgage payment is due in which the lender will not require a late
payment charge in accordance with the loan documents. Does not
include penalties associated with default interest.
    (23) Interest only indicator. Indicate yes or no whether this is
a loan for which scheduled interest only is payable, whether for a
temporary basis or until the full loan balance is due.
    (24) Balloon indicator. Indicate yes or no whether the loan
documents require a lump-sum payment of principal at maturity.
    (25) Prepayment premium indicator. Indicate yes or no whether
the obligor is subject to prepayment penalties.
    (26) Negative amortization indicator. Indicate yes or no whether
negative amortization (interest shortage) amounts are permitted to
be added back to the unpaid principal balance of the loan if monthly
payments should fall below the true amortized amount.
    (27) Modification indicator. Indicate yes or no whether the loan
has been modified from its original terms.
    (28) Information related to ARMs. If the loan is an ARM, provide
the following additional information for each loan:
    (i) ARM index. Specify the code that describes the index on
which an adjustable interest rate is based.
    (ii) First rate adjustment date. Provide the date on which the
first interest rate adjustment becomes effective (subsequent to loan
securitization).
    (iii) First payment adjustment date. Provide the date on which
the first adjustment to the regular payment amount becomes effective
(after securitization).
    (iv) ARM margin. Indicate the spread added to the index of an
ARM loan to determine the interest rate at securitization.

    (v) Lifetime rate cap. Indicate the maximum interest rate that
can be in effect during the life of the loan.
    (vi) Lifetime rate floor. Indicate the minimum interest rate
that can be in effect during the life of the loan.
    (vii) Periodic rate increase limit. Provide the maximum amount
the interest rate can increase from any period to the next.
    (viii) Periodic rate decrease limit. Provide the maximum amount
the interest rate can decrease from any period to the next.
    (ix) Periodic pay adjustment maximum amount. Provide the maximum
amount the principal and interest constant can increase or decrease
on any adjustment date.
    (x) Periodic pay adjustment maximum percentage. Provide the
maximum percentage amount the payment can increase or decrease from
any period to the next.
    (xi) Rate reset frequency. Indicate the code describing the
frequency which the periodic mortgage rate is reset due to an
adjustment in the ARM index.
    (xii) Pay reset frequency. Indicate the code describing the
frequency which the periodic mortgage payment will be adjusted.
    (xiii) Index look back in days. Provide the number of days prior
to an interest rate adjustment effective date used to determine the
appropriate index rate.
    (29) Information related to prepayment penalties. If the obligor
is subject to prepayment penalties, provide the following additional
information for each loan:
    (i) Prepayment lock-out end date. Provide the effective date
after which the lender allows prepayment of a loan.
    (ii) Yield maintenance end date. Provide the date after which
yield maintenance prepayment penalties are no longer effective.
    (iii) Prepayment premium end date. Provide the effective date
after which prepayment premiums are no longer effective.
    (30) Information related to negative amortization. If the loan
allows for negative amortization, provide the following additional
information for each loan:
    (i) Maximum negative amortization allowed (% of original
balance). Provide the maximum percentage of the original loan
balance that can be added to the original loan balance as the result
of negative amortization.
    (ii) Maximum negative amortization allowed. Provide the maximum
amount of the original loan balance that can be added to the
original loan balance as the result of negative amortization.
    (iii) Negative amortization/deferred interest capitalized
amount. Indicate the amount for the reporting period that was
capitalized (added to) the principal balance.
    (iv) Deferred interest--cumulative. Indicate the cumulative
deferred interest for the reporting period and prior reporting
cycles net of any deferred interest collected.
    (v) Deferred interest collected. Indicate the amount of deferred
interest collected during the reporting period.
    (d) Information related to the property. Provide the following
information for each of the properties that collateralizes a loan
identified above:
    (1) Property name. Provide the name of the property which serves
as mortgage collateral. If the property has been defeased, then
populate with ``defeased.''
    (2) Property address. Specify the address of the property which
serves as mortgage collateral. If multiple properties, then print
``various.'' If the property has been defeased then leave field
empty. For substituted properties, populate with the new property
information.
    (3) Property city. Specify the city name where the property
which serves as mortgage collateral is located. If the property has
been defeased, then leave field empty.
    (4) Property state. Indicate the two character abbreviated code
representing the state in which the property which serves as
mortgage collateral is located.
    (5) Property zip code. Indicate the zip (or postal) code for the
property which serves as mortgage collateral.
    (6) Property county. Indicate the county in which the property
which serves as mortgage collateral is located.
    (7) Property type. Indicate the code that describes how the
property is being used.
    (8) Net rentable square feet. Provide the net rentable square
feet area of the property.
    (9) Net rentable square feet at securitization. Provide the net
rentable square feet area of the property as determined at the time
the property is contributed to the pool as collateral.
    (10) Number of units/beds/rooms. If the property type is
multifamily, self-storage, healthcare, lodging or mobile home park,
provide the number of units/beds/rooms of the property.
    (11) Number of units/beds/rooms at securitization. If the
property type is multifamily, self-storage, healthcare, lodging or
mobile home park, provide the number of units/beds/rooms of the
property at securitization.
    (12) Year built. Provide the year that the property was built.
    (13) Year last renovated. Provide the year that the last major
renovation/new construction was completed on the property.
    (14) Valuation amount at securitization. Provide the valuation
amount of the property as of the valuation date at securitization.
    (15) Valuation source at securitization. Specify the code that
identifies the source of the property valuation.
    (16) Valuation date at securitization. Provide the date the
valuation amount at securitization was determined.
    (17) Most recent value. If an additional property valuation was
obtained by any transaction party or its affiliates after the
valuation obtained at securitization, provide the most recent
valuation amount.
    (18) Most recent valuation date. Provide the date of the most
recent valuation.
    (19) Most recent valuation source. Specify the code that
identifies the source of the most recent property valuation.
    (20) Physical occupancy at securitization. Provide the
percentage of rentable space occupied by tenants.
    (21) Most recent physical occupancy. Provide the most recent
available percentage of rentable space occupied by tenants.
    (22) Property status. Provide the code that describes the status
of the property.
    (23) Defeasance option start date. Provide the date when the
defeasance option becomes available.
    (24) Defeasance status. Provide the code that indicates if a
loan has or is able to be defeased.
    (25) Largest tenant.
    (i) Largest tenant. Identify the tenant that leases the largest
square feet of the property based on the most recent annual lease
rollover review.
    Instruction to paragraph (d)(25)(i): If the tenant is not
occupying the space but is still paying rent, print ``Dark'' after
tenant name. If tenant has sub-leased the space, print ``Sub-leased/
name'' after tenant name.
    (ii) Square feet of largest tenant. Provide total number of
square feet leased by the largest tenant based on the most recent
annual lease rollover review.
    (iii) Date of lease expiration of largest tenant. Provide the
date of lease expiration for the largest tenant.
    (26) Second largest tenant.
    (i) Second largest tenant. Identify the tenant that leases the
second largest square feet of the property based on the most recent
annual lease rollover review.
    Instruction to paragraph (d)(26)(i): If the tenant is not
occupying the space but is still paying rent, print ``Dark'' after
tenant name. If tenant has sub-leased the space, print ``Sub-leased/
name'' after tenant name.
    (ii) Square feet of second largest tenant. Provide the total
number of square feet leased by the second largest tenant based on
the most recent annual lease rollover review.
    (iii) Date of lease expiration of second largest tenant. Provide
the date of lease expiration for the second largest tenant.
    (27) Third largest tenant.
    (i) Third largest tenant. Identify the tenant that leases the
third largest square feet of the property based on the most recent
annual lease rollover review.
    Instruction to paragraph (d)(27)(i): If the tenant is not
occupying the space but is still paying rent, print ``Dark'' after
tenant name. If tenant has sub-leased the space, print ``Sub-leased/
name'' after tenant name.
    (ii) Square feet of third largest tenant. Provide the total
number square feet leased by the third largest tenant based on the
most recent annual lease rollover review.
    (iii) Date of lease expiration of third largest tenant. Provide
the date of lease expiration for the third largest tenant.
    (28) Financial information related to the property. Provide the
following information as of the most recent date available:
    (i) Date of financials as of securitization. Provide the date of
the operating statement for the property used to underwrite the
loan.
    (ii) Most recent financial as of start date. Specify the first
date of the period for the most recent, hard copy operating
statement (e.g., year-to-date or trailing 12 months).
    (iii) Most recent financial as of end date. Specify the last day
of the period for the most recent, hard copy operating statement
(e.g., year-to-date or trailing 12 months).
    (iv) Revenue at securitization. Provide the total underwritten
revenue amount from all sources for a property as of securitization.
    (v) Most recent revenue. Provide the total revenues for the most
recent operating statement reported.

    (vi) Operating expenses at securitization. Provide the total
underwritten operating expenses as of securitization. Include real
estate taxes, insurance, management fees, utilities, and repairs and
maintenance. Exclude capital expenditures, tenant improvements, and
leasing commissions.
    (vii) Operating expenses. Provide the total operating expenses
for the most recent operating statement. Include real estate taxes,
insurance, management fees, utilities, and repairs and maintenance.
Exclude capital expenditures, tenant improvements, and leasing
commissions.
    (viii) Net operating income at securitization. Provide the total
underwritten revenues less total underwritten operating expenses
prior to application of mortgage payments and capital items for all
properties as of securitization.
    (ix) Most recent net operating income. Provide the total
revenues less total operating expenses before capital items and debt
service per the most recent operating statement.
    (x) Net cash flow at securitization. Provide the total
underwritten revenue less total underwritten operating expenses and
capital costs as of securitization.
    (xi) Most recent net cash flow. Provide the total revenue less
the total operating expenses and capital costs but before debt
service per the most recent operating statement.
    (xii) Net operating income or net cash flow indicator at
securitization. Indicate the code that describes the method used to
calculate at securitization net operating income or net cash flow.
    (xiii) Net operating income or net cash flow indicator. Indicate
the code that describes the method used to calculate net operating
income or net cash flow.
    (xiv) Most recent debt service amount. Provide the amount of
total scheduled or actual payments that cover the same number of
months as the most recent financial operating statement.
    (xv) Debt service coverage ratio (net operating income) at
securitization. Provide the ratio of underwritten net operating
income to debt service as of securitization.
    (xvi) Most recent debt service coverage ratio (net operating
income). Provide the ratio of net operating income to debt service
during the most recent operating statement reported.
    (xvii) Debt service coverage ratio (net cash flow) at
securitization. Provide the ratio of underwritten net cash flow to
debt service as of securitization.
    (xviii) Most recent debt service coverage ratio (net cash flow).
Provide the ratio of net cash flow to debt service for the most
recent financial operating statement.
    (xix) Debt service coverage ratio indicator at securitization.
If there are multiple properties underlying the loan, indicate the
code that describes how the debt service coverage ratio was
calculated.
    (xx) Most recent debt service coverage ratio indicator. Indicate
the code that describes how the debt service coverage ratio was
calculated for the most recent financial operating statement.
    (xxi) Date of the most recent annual lease rollover review.
Provide the date of the most recent annual lease rollover review.
    (e) Information related to activity on the loan. (1) Asset added
indicator. Indicate yes or no whether the asset was added during the
reporting period.
    Instruction to paragraph (e)(1): A response to this data point
is required only when assets are added to the asset pool after the
final prospectus under Sec.  230.424 of this chapter is filed.
    (2) Modification indicator--reporting period. Indicate yes or no
whether the loan was modified during the reporting period.
    (3) Reporting period beginning scheduled loan balance. Indicate
the scheduled balance as of the beginning of the reporting period.
    (4) Total scheduled principal and interest due. Provide the
total amount of principal and interest due on the loan in the month
corresponding to the current distribution date.
    (5) Reporting period interest rate. Indicate the annualized
gross interest rate used to calculate the scheduled interest amount
due for the reporting period.
    (6) Servicer and trustee fee rate. Indicate the sum of annual
fee rates payable to the servicers and trustee.
    (7) Scheduled interest amount. Provide the amount of gross
interest payment that was scheduled to be collected during the
reporting period.
    (8) Other interest adjustment. Indicate any unscheduled interest
adjustments during the reporting period.
    (9) Scheduled principal amount. Indicate the principal payment
amount that was scheduled to be collected during the reporting
period.
    (10) Unscheduled principal collections. Provide the principal
prepayments and other unscheduled payments of principal received on
the loan during the reporting period.
    (11) Other principal adjustments. Indicate any other amounts
that caused the principal balance of the loan to be decreased or
increased during the reporting period, which are not considered
unscheduled principal collections and are not scheduled principal
amounts.
    (12) Reporting period ending actual balance. Indicate the
outstanding actual balance of the loan as of the end of the
reporting period.
    (13) Reporting period ending scheduled balance. Indicate the
scheduled or stated principal balance for the loan (as defined in
the servicing agreement) as of the end of the reporting period.
    (14) Paid through date. Provide the date the loan's scheduled
principal and interest is paid through as of the end of the
reporting period.
    (15) Hyper-amortizing date. Provide the date after which
principal and interest may amortize at an accelerated rate, and/or
interest expense to the mortgagor increases substantially.
    (16) Information related to servicer advances.
    (i) Servicing advance methodology. Indicate the code that
describes the manner in which principal and/or interest are advanced
by the servicer.
    (ii) Non-recoverability determined. Indicate yes or no whether
the master servicer/special servicer has ceased advancing principal
and interest and/or servicing the loan.
    (iii) Total principal and interest advance outstanding. Provide
the total outstanding principal and interest advances made (or
scheduled to be made by the distribution date) by the servicer(s).
    (iv) Total taxes and insurance advances outstanding. Provide the
total outstanding tax and insurance advances made by the servicer(s)
as of the end of the reporting period.
    (v) Other expenses advance outstanding. Provide the total
outstanding other or miscellaneous advances made by the servicer(s)
as of the end of the reporting period.
    (17) Payment status of loan. Provide the code that indicates the
payment status of the loan.
    (18) Information related to activity on ARM loans. If the loan
is an ARM, provide the following additional information:
    (i) ARM index rate. Provide the index rate used to determine the
gross interest for the reporting period.
    (ii) Next interest rate. Provide the annualized gross interest
rate that will be used to determine the next scheduled interest
payment.
    (iii) Next interest rate change adjustment date. Provide the
next date that the interest rate is scheduled to change.
    (iv) Next payment adjustment date. Provide the date that the
amount of scheduled principal and/or interest is next scheduled to
change.
    (f) Information related to servicers. (1) Primary servicer.
Identify the name of the entity that services or will have the right
to service the asset.
    (2) Most recent special servicer transfer date. Provide the date
the transfer letter, email, etc. provided by the master servicer is
accepted by the special servicer.
    (3) Most recent master servicer return date. Provide the date of
the return letter, email, etc. provided by the special servicer
which is accepted by the master servicer.
    (g) Asset subject to demand. Indicate yes or no whether during
the reporting period the loan was the subject of a demand to
repurchase or replace for breach of representations and warranties,
including investor demands upon a trustee. If the loan is the
subject of a demand to repurchase or replace for breach of
representations and warranties, including investor demands upon a
trustee, provide the following additional information:
    (1) Status of asset subject to demand. If the loan is the
subject of a demand to repurchase or replace for breach of
representations and warranties, including investor demands upon a
trustee, indicate the code that describes the status of the
repurchase demand as of the end of the reporting period.
    (2) Repurchase amount. Provide the amount paid to repurchase the
loan from the pool.
    (3) Demand resolution date. Indicate the date the loan
repurchase or replacement demand was resolved.

    (4) Repurchaser. Specify the name of the repurchaser.
    (5) Repurchase or replacement reason. Indicate the code that
describes the reason for the repurchase.
    (h) Realized loss to trust. Indicate the difference between net
proceeds (after liquidation expenses) and the scheduled or stated
principal of the loan as of the beginning of the reporting period.
    (i) Information related to prepayments. If a prepayment was
received, provide the following additional information for each
loan:
    (1) Liquidation/Prepayment code. Indicate the code assigned to
any unscheduled principal payments or liquidation proceeds received
during the reporting period.
    (2) Liquidation/Prepayment date. Provide the effective date on
which an unscheduled principal payment or liquidation proceeds were
received.
    (3) Prepayment premium/yield maintenance received. Indicate the
amount received from a borrower during the reporting period in
exchange for allowing a borrower to pay off a loan prior to the
maturity or anticipated repayment date.
    (j) Workout strategy. Indicate the code that best describes the
steps being taken to resolve the loan.
    (k) Information related to modifications. If the loan has been
modified from its original terms, provide the following additional
information about the most recent loan modification:
    (1) Date of last modification. Indicate the date of the most
recent modification. A modification includes any material change to
the loan document, excluding assumptions.
    (2) Modification code. Indicate the code that describes the type
of loan modification.
    (3) Post-modification interest rate. Indicate the new initial
interest rate to which the loan was modified.
    (4) Post-modification payment amount. Indicate the new initial
principal and interest payment amount to which the loan was
modified.
    (5) Post-modification maturity date. Indicate the new maturity
date of the loan after the modification.
    (6) Post-modification amortization period. Indicate the new
amortization period in months after the modification.
    Item 3. Automobile loans. If the asset pool includes automobile
loans, provide the following data for each loan in the asset pool:
    (a) Asset numbers. (1) Asset number type. Identify the source of
the asset number used to specifically identify each asset in the
pool.
    (2) Asset number. Provide the unique ID number of the asset.
    Instruction to paragraph (a)(2): The asset number must reference
a single asset within the pool and should be the same number that
will be used to identify the asset for all reports that would be
required of an issuer under Sections 13 or 15(d) of the Exchange Act
(15 U.S.C. 78m or 78o(d)). If an asset is removed and replaced with
another asset, the asset added to the pool should be assigned a
unique asset number applicable to only that asset.
    (b) Reporting period. (1) Reporting period begin date. Specify
the beginning date of the reporting period.
    (2) Reporting period end date. Specify the ending date of the
reporting period.
    (c) General information about the automobile loan. (1)
Originator. Identify the name of the entity that originated the
loan.
    (2) Origination date. Provide the date the loan was originated.
    (3) Original loan amount. Indicate the amount of the loan at the
time the loan was originated.
    (4) Original loan term. Indicate the term of the loan in months
at the time the loan was originated.
    (5) Loan maturity date. Indicate the month and year in which the
final payment on the loan is scheduled to be made.
    (6) Original interest rate. Provide the rate of interest at the
time the loan was originated.
    (7) Interest calculation type. Indicate whether the interest
rate calculation method is simple or other.
    (8) Original interest rate type. Indicate whether the interest
rate on the loan is fixed, adjustable or other.
    (9) Original interest-only term. Indicate the number of months
from origination in which the obligor is permitted to pay only
interest on the loan beginning from when the loan was originated.
    (10) Original first payment date. Provide the date of the first
scheduled payment that was due after the loan was originated.
    (11) Underwriting indicator. Indicate whether the loan or asset
met the criteria for the first level of solicitation, credit-
granting or underwriting criteria used to originate the pool asset.
    (12) Grace period. Indicate the number of months during which
interest accrues but no payments are due from the obligor.
    (13) Payment type. Specify the code indicating how often
payments are required or if a balloon payment is due.
    (14) Subvented. Indicate yes or no to whether a form of subsidy
is received on the loan, such as cash incentives or favorable
financing for the buyer.
    (d) Information related to the vehicle. (1) Vehicle
manufacturer. Provide the name of the manufacturer of the vehicle.
    (2) Vehicle model. Provide the name of the model of the vehicle.
    (3) New or used. Indicate whether the vehicle financed is new or
used at the time of origination.
    (4) Model year. Indicate the model year of the vehicle.
    (5) Vehicle type. Indicate the code describing the vehicle type.
    (6) Vehicle value. Indicate the value of the vehicle at the time
of origination.
    (7) Source of vehicle value. Specify the code that describes the
source of the vehicle value.
    (e) Information related to the obligor. (1) Obligor credit score
type. Specify the type of the standardized credit score used to