specified and
permitted by, the terms of the Complete Indenture.
(b) The HFA shall not issue new bonds under the Complete Indenture in a
variable rate demand, adjustable rate or auction rate mode, other than Program
Bonds with Escrowed Proceeds at the Short-Term Rate.
(c) With respect to the purchase, origination, enforcement and servicing of
mortgage backed securities ("MBS"), the HFA shall:
(i) purchase, or cause to be purchased, MBS in a manner consistent with
applicable state law, the Complete Indenture and any supplements thereto, and
such other related documents by which the HFA is bound; and
D-5-4
(ii) except as otherwise permitted by Treasury or the GSEs, diligently take
all steps necessary or desirable to enforce all terms of the MBS and all such
other documents evidencing obligations to the HFA.
(d) The HFA shall not issue any bonds senior in priority to the Program
Bonds and the HFA hereby represents and warrants that the Program Bonds are at
least equal in priority with respect to payment and security to the most senior
Outstanding Bonds under the Complete Indenture.
D-5-5
SCHEDULE E
REPORTING
Terms capitalized in this Schedule E will have the meanings assigned to such
terms in Section VI of this Schedule E.
Remittance Reports
The information set forth in the table below should be delivered via email in
Microsoft Excel.
HFA TRUSTEE SETUP DATA FILE FOR (DUE NO LATER THAN 2 DAYS AFTER SIGNING THE
PLACEMENT AGREEMENT/2 DAYS AFTER A CONVERSION OF ESCROWED PROCEEDS)
FIELD NAME
DATATYPE
NOTE
CUSIP
TEXT
CUSIP
HFA NAME
TEXT
NAME OF HFA
HFA STATE
TEXT
STATE HFA LOCATED IN
HFA LOCAL
TEXT
NAME OF MUNICIPALITY
HFA TRUSTEE
TEXT
NAME OF HFA TRUSTEE
DATE ENTERED PRGM
DATE
FORMAT: MM/DD/YYYY
SERIES
TEXT
SERIES NAME
CLASS
TEXT
CLASS CODE FOR SECURITY
DISTRIBUTION DATE
NUMBER
DAY OF THE MONTH BOND PAYS
ORIGINAL BALANCE
NUMBER
ORIGINAL BALANCE OF BOND
ORIGINAL COUPON
NUMBER <= 1
BONDS ORIGINAL INTEREST RATE AT ISSUANCE (OR RELEASE DATE IF
ESCROW CONVERSION)
ORIGINAL RESET COUPON
NUMBER <= 1
BONDS ORIGINAL INTEREST RATE ON RESET DATE
SPREAD
NUMBER <= 1
BONDS COUPON SPREAD
RATING
TEXT
S&P and Moody's rating - (eg AAA / Aaa)
RESET DATE
DATE
FOR ESCROWED PROCEEDS CONVERSION, THE RESET DATE
FIRST PAYMENT DATE
DATE
BONDS FIRST PAYMENT DATE
FINAL PAYMENT DATE
DATE
BONDS FINAL OR MATURITY DATE
PAYMENT FREQUENCY
NUMBER
FREQUENCY OF BOND PAYMENTS - SEE CODES BELOW
COLLATERAL TYPE
TEXT
VALUES: MF / SF
MF COLLATERAL TYPE
TEXT
IF MF, THEN CONSTRUCTION OR NON-CONSTRUCTION
ORIGINAL CUSIP
TEXT
RELATES BOND TO CONVERSION BONDS ESCROWED PROCEEDS CUSIP (N/A
OTHERWISE)
SECURITY STATUS
NUMBER
TYPE OF BOND - SEE CODES BELOW
HFA TRUSTEE MONTHLY DATA FILE FOR NIBP (DUE NO LATER THAN THE PAYMENT DATE FOR
THE HFA BOND EACH MONTH)
FIELD NAME
DATATYPE
NOTE
CUSIP
TEXT
CUSIP
PAYMENT DATE
DATE
SCHEDULED (not actual) PAYMENT DATE
PERIOD BEGINNING BALANCE
NUMBER
AMOUNT OUTSTANDING AT START OF PERIOD
PERIOD ENDING BALANCE
NUMBER
AMOUNT OUTSTANDING AT END OF PERIOD
SCHEDULED PRINCIPAL
NUMBER
AMOUNT OF