Long Beach Mortgage Loan Trust

Transcription

1 External Parties Seller Long Beach Mortgage Servicer(s) JPMorgan Chase Bank,NA Underwriter(s) Deutsche Banc Alex Brown Table of Contents Page 1. Certificate Payment Report 2 2. Collection Account Report 4 3. Credit Enhancement Report 6 4. Collateral Report 7 5. Delinquency Report 1 6. REO Report Foreclosure Report Prepayment Report Prepayment Detail Report Realized Loss Report Realized Loss Detail Report Triggers and Adj. Cert. Report Additional Certificate Report Modified Loan Detail 27 Total Number of Pages 27 Dates Contacts Cut-Off Date: December 1, 2 Close Date: December 15, 2 First Distribution Date: January 22, 21 Distribution Date: March 21, 219 Next Distribution Date: April 22, 219 Distribution Frequency: Monthly Record Date: February 28, 219 March 2, 219 Determination Date: March 21, 219 Zachary Yeager Administrator (714) zachary.yeager@db.com Address: 1761 East St. Andrew Place, Santa Ana, CA 9275 Factor Information: Factor Info Main Phone Number: (8) SHRControl.Operations@db.com (714) (*) In connection with Deutsche Bank s preparation of this statement to securities holders, Deutsche Bank (in its applicable capacity as trustee, securities administrator, bond calculation agent or other administrative role) is conclusively relying upon, and has not independently verified, information provided to it by various third parties, including the servicer, master servicer, special servicer, sub-servicer or any other party to the transaction. Deutsche Bank refers readers to the prospectus, prospectus supplement, placement memorandum or other disclosure document, as well as to the governing transaction documents, applicable to this transaction for additional information concerning the roles and responsibilities of the parties. (**) Please see informational notice posted to the Trustee's investor reporting website regarding recent allegations pertaining to certain loan servicer foreclosure practices. Page 1 of 27 Created On March 2, 219

2 Certificate Payment Report Current Period Distribution - Class Class Type Original Face Value Prior Principal Current Total Realized Deferred Principal Interest Principal Distribution Loss Interest (1) (2) (3) (4)=(2)+(3) (5) (6) (7)=(1)-(3)-(5)+(6) AF-1 SER 16,81, AF-2 SER 18,388, AF-3 SER 22,472, 1,662, , , , ,656, AF-4 SER 7,3, 381, , , , ,94.71 AV-1 SER 825,3, 5,152, , , ,37.3 5,83,474.6 M-1 MEZ 37,5, M-2 MEZ 35,, M-3 MEZ 17,5, C SUB/EXE 2,, ,829, , ,872,28.53 P EXE/P R-2 RES Total 1,,, ,27, , , , , ,986,31.57 Interest Accrual Detail Current Period Factor Information per $1, of Original Face Value Class Period Starting Period Ending Method Cusip Orig. Principal Prior Current (with Notional) Principal Total Principal Interest Principal Distribution (1) AF-1 2/1/19 2/28/19 F-3/ AA2 16,81, AF-2 2/1/19 2/28/19 F-3/ AB 18,388, AF-3 2/1/19 2/28/19 F-3/ AC8 22,472, AF-4 2/1/19 2/28/19 F-3/ AD6 7,3, AV-1 2/21/19 3/2/19 A-Act/ AH7 825,3, M-1 2/21/19 3/2/19 A-Act/ AE4 37,5, M-2 2/21/19 3/2/19 A-Act/ AF1 35,, M-3 2/21/19 3/2/19 A-Act/ AG9 17,5, C 3/36 2,, P 3/36 1 1, 1, R-2 3/36 (1) (2) (3) (4)=(2)+(3) (5) Page 2 of 27

3 Distribution to Date - REMIC II Class Original Face Value (1) Interest (2) Unscheduled Principal (3) Scheduled Principal (4) Total Principal (5)=(3)+(4) Total Distribution (6)=(2)+(5) Realized Loss (7) Deferred Interest (8) Current Principal (9)=(1)-(5)-(7)+(8) AF-1 16,81, 1,7, ,958, , ,81, 17,88,27.37 AF-2 18,388, 2,344, ,174, , ,388, 2,732,49.18 AF-3 22,472, 7,388, ,685, ,129, ,815, ,24, ,656, AF-4 7,3, 3,927, ,314, , ,926,59.3 1,853, ,94.71 AV-1 825,3, 59,183, ,792, ,153, ,946, ,13, ,83,474.6 M-1 37,5, 9,172, ,6,97.4 2,49, ,551, ,723,44.91 M-2 35,, 7,66, ,62, , ,399, ,466, ,71.64 M-3 17,5, 3,72, ,11, ,984, ,687, ,515,828.1 C 2,, ,78, ,583, ,472, ,252, ,454,65.6 8,849, ,872,28.53 P 1 11,855, ,855, R-2 Total 1,,, ,493, ,292, ,229, ,293, ,185,786, ,57, ,849, ,986,31.57 Interest Detail - REMIC II Class Pass Through Rate Prior Principal (with Notional) Accrued Interest (1) Non- Supported Interest SF (2) Prior Unpaid Interest (3) Unscheduled Interest Adjustment (4) Optimal Interest (5)=(1)-(2)+(3)+(4) Paid or Deferred Interest (6) Current Unpaid Interest (7)=(5)-(6) AF-1 % AF-2 % AF % 1,662, , , , AF % 381, , , , AV % 5,152, , , ,32.25 M-1 % M % M % C % 4,829, ,43.26 P % 1 R-2 % Total 12,27, , , , Page 3 of 27

4 Collection Account Report SUMMARY Principal Collections 33, , , Principal Withdrawals Principal Other Accounts TOTAL NET PRINCIPAL 33, , , Interest Collections 62, , , Interest Withdrawals (8,311.52) (9.41) (8,32.93) Interest Fees (3,115.9) 1,24.45 (1,875.45) Interest Other Accounts TOTAL NET INTEREST 57, , , TOTAL AVAILABLE FUNDS FOR DISTRIBUTION 9, , ,79.7 PRINCIPAL - COLLECTIONS Scheduled Principal Received 27, , ,48.9 Curtailments 5, , Prepayments In Full Repurchased/Substitutions Liquidations 2, ,97.39 Insurance Principal Other Additional Principal Delinquent Principal (25,775.93) (5,962.8) (31,738.1) Realized Losses (2,74.41) (2,74.41) Advanced Principal 25, , ,738.1 TOTAL PRINCIPAL COLLECTED 33, , , PRINCIPAL - WITHDRAWALS SPACE INTENTIONALLY LEFT BLANK PRINCIPAL - OTHER ACCOUNTS Bonus Incentive Amount TOTAL PRINCIPAL OTHER ACCOUNTS Settlement Proceeds Page 4 of 27

5 INTEREST - COLLECTIONS Scheduled Interest 69, , , Repurchased/Substitution Interest Liquidation Interest Insurance Interest Other Additional Interest Prepayment Interest Shortfalls Delinquent Interest (62,128.71) (1,614.26) (72,742.97) Compensating Interest Civil Relief Act Shortfalls Interest Realized Loss (58.75) (58.75) Interest Advanced 54, , ,28.7 TOTAL INTEREST COLLECTED 62, , , INTEREST - WITHDRAWALS Modification Loss Non Recoverable Advances 6, ,46.25 Counselling Fees Admin Fees Capitalized/Deferred Interest 1, , TOTAL INTEREST WITHDRAWALS 8, ,32.93 INTEREST - OTHER ACCOUNTS Prepayment Charges Bonus Incentive Amount TOTAL INTEREST OTHER ACCOUNTS INTEREST FEES Current Servicing Fees Trustee Fees California Tax Fee 1, ,6 Extraordinary Expense Recovery Charge** Extraordinary Expenses Morgan Guaranty Insurance Payment (4,75.18) (3,81.6) TOTAL INTEREST FEES (3,115.9) 1,24.45 (1,875.45) **Extraordinary Expense Recovery Charge ( EERC ): charge imposed to recover extraordinary costs and expenses incurred by Deutsche Bank in administering residential mortgage backed securities ( RMBS ) transaction(s) under current market conditions. The EERC is based upon, and may be adjusted periodically in accordance with, Deutsche Bank s experienced level of extraordinary costs and expenses that are not allocable to specific trusts, but which arise from the administration of the portfolio of RMBS trusts administered by Deutsche Bank's Trust & Securities Services division. Costs and expenses allocable to specific trusts will continue to be charged separately to those trusts in addition to the EERC. Page 5 of 27

6 Credit Enhancement Report ACCOUNTS Freddie Mac Account Beginning Amount Deposited Amount Withdrawn Ending Reserve Fund Beginning 1,31.3 Interest Earnings Ending 1,31.3 INSURANCE Current Payments under the PMI Policy Cumulative Payments under the PMI Policy 12,129, Current Payments Denied under the PMI Policy -4,75.18 Cumulative Payments Denied under the PMI Policy -3,93.3 STRUCTURAL FEATURES Overcollateralized Amount - Prior Period 4,829, Current Period Principal Realized Losses (2,74.41) Overcollateralized Amount - After Current Losses 4,829, Net Monthly Excess Cashflow 42, Overcollateralization Increase Amount 42, Overcollateralization Reduction Amount Overcollateralized Amount - Ending 4,872,28.53 OC Excess / (Deficiency Amount) - Ending (127,719.47) Overcollateralization Target Amount 5,, Page 6 of 27

7 Collateral Report COLLATERAL Loan Count: Original 7, ,18 Prior Prefunding Scheduled Paid Offs Full Voluntary Prepayments Repurchases Liquidations Current Principal : Original 927,57, ,942, ,,, Prior 1,319, ,78, ,27,45.15 Prefunding Deferred Interest 1, , Cash Deposit Scheduled Principal (27,836.82) (6,643.27) (34,48.9) Partial Prepayments (5,94.71) (252.7) (6,156.78) Full Voluntary Prepayments Repurchases Liquidations (2,97.39) (2,97.39) Current 1,285, ,71, ,986,31.57 Prior Forebearance Current Forebearance PREFUNDING SPACE INTENTIONALLY LEFT BLANK Current Principal by Groups Total Current Principal 14M 15.5M 12M 15.M 1M 8M 6M 14.5M 14.M 13.5M 13.M 4M 12.5M 2M 12.M M 11.5M Group 1 Group 2 Page 7 of 27

8 CHARACTERISTICS Weighted Average Coupon Original % % % Weighted Average Coupon Prior % % 7.842% Weighted Average Coupon Current % % % Weighted Average Months to Maturity Original Weighted Average Months to Maturity Prior Weighted Average Months to Maturity Current Weighted Avg Remaining Amortization Term Original Weighted Avg Remaining Amortization Term Prior Weighted Avg Remaining Amortization Term Current Weighted Average Seasoning Original Weighted Average Seasoning Prior Weighted Average Seasoning Current Weighted Average Coupon by Groups Total Weighted Average Coupon 8.4% 8.12% 8.3% 8.8% 8.2% 8.4% 8.1% 7.96% 7.92% 7.9% 7.88% 7.8% 7.84% 7.7% 7.8% Group 1 Group 2 Weighted Average Amortization Term by Groups Total Weighted Average Amortization Term Group 1 Group 2 Page 8 of 27

9 ARM CHARACTERISTICS Weighted Average Margin Original % % % Weighted Average Margin Prior % % % Weighted Average Margin Current % % % Weighted Average Max Rate Original % 11.75% % Weighted Average Max Rate Prior % % % Weighted Average Max Rate Current % % % Weighted Average Min Rate Original % % % Weighted Average Min Rate Prior % % % Weighted Average Min Rate Current % % % Weighted Average Cap Up Original % % % Weighted Average Cap Up Prior % % % Weighted Average Cap Up Current % % % Weighted Average Cap Down Original % % % Weighted Average Cap Down Prior % % % Weighted Average Cap Down Current % % % SERVICING FEES & ADVANCES Current Servicing Fees Delinquent Servicing Fees 3, , TOTAL SERVICING FEES 4, , Total Servicing Fees 4, , Compensating Interest Delinquent Servicing Fees (3,863.66) (628.95) (4,492.61) COLLECTED SERVICING FEES Total Advanced Interest 54, , ,28.7 Total Advanced Principal 25, , ,738.1 Aggregate Advances with respect to this Distribution 8, , , Current Non Recoverable Advance 6, ,46.25 ADDITIONAL COLLATERAL INFORMATION Prepayment Interest Shortfall (PPIS) Compensating Interest Net Prepayment Interest Shortfall (PPIS) Ending Pool Stated Principal 1,285, ,71, ,986,31.57 Page 9 of 27

10 Delinquency Report TOTAL < 1 PMT 1 PMT 2 PMTS 3+ PMTS TOTAL DELINQUENT % % 413, % 9 4.2% 334, % % 535, % % 1,284, % % FORECLOSURE % % % % % % % % 523, % 9 4.2% 523, % 9 4.2% BANKRUPTCY % % % % % % 7, % 1.45% 4, % % 47, % % REO % % % % % % % % 459, % % 459, % % TOTAL % % % % 413, % 9 4.2% 45, % % 1,919, % % 2,738, % % Utilized OTS Delinquency Methodology for Calculating Delinquency Buckets and Amounts 1 or 2 Payments Delinquent 3 or More Payments Delinquent 11.% 7.5% 1% 7.% 6.5% 9.% 6.% 5.5% 7.% 5.% 4.5% 6.% 4.% 5.% 3.5% Total Total Total Foreclosure 9.% 8.5% Total Bankruptcy and REO 9.% 7.% 7.5% 6.% 7.% 5.% 6.5% 4.% 6.% 5.5% 5.% 4.5% 4.% Apr-17 Oct-17 Apr-18 Oct-18 3.% 2.% 1.% % Total REO Bankruptcy Page 1 of 27

11 GROUP 1 < 1 PMT 1 PMT 2 PMTS 3+ PMTS TOTAL DELINQUENT % % 28, % % % % % % 28, % % FORECLOSURE % % % % % % % % 15, % % 15, % % BANKRUPTCY % % % % % % % % % % % % REO % % % % % % % % % % % % TOTAL % % % % 28, % % % % 15, % % 178, % % Utilized OTS Delinquency Methodology for Calculating Delinquency Buckets and Amounts 1 or 2 Payments Delinquent 3 or More Payments Delinquent 12.% 1% 7.% 6.% 5.% 6.% 4.% 4.% 3.% 2.% 2.% 1.% % % Group 1 Group 1 Total Foreclosure 1% Total Bankruptcy and REO 3.2% 2.8% 2.4% 6.% 2.% 1.6% 4.% 1.2%.8% 2.%.4% Group 1 % Apr-17 Oct-17 REO Apr-18 Bankruptcy Oct-18 % Page 11 of 27

12 GROUP 2 < 1 PMT 1 PMT 2 PMTS 3+ PMTS TOTAL DELINQUENT % % 385, % % 334, % % 535, % % 1,256, % % FORECLOSURE % % % % % % % % 373, % % 373, % % BANKRUPTCY % % % % % % 7, % 1.53% 4, % % 47, % % REO % % % % % % % % 459, % % 459, % % TOTAL % % % % 385, % % 45, % % 1,769, % % 2,56, % % Utilized OTS Delinquency Methodology for Calculating Delinquency Buckets and Amounts 1 or 2 Payments Delinquent 3 or More Payments Delinquent 12.% 1% 7.% 6.% 5.% 6.% 4.% 4.% 3.% 2.% 2.% 1.% % % Group 2 Group 2 Total Foreclosure 1% Total Bankruptcy and REO 1% 6.% 6.% 4.% 4.% 2.% 2.% Group 2 % Apr-17 Oct-17 REO Apr-18 Bankruptcy Oct-18 % Page 12 of 27

13 REO Report Loan Number & Loan Group Original Principal Stated Principal Paid to Date Current Note Rate State & LTV at Origination Original Term First Payment Date Became REO Property this Period: , 66, Oct % NJ - 8% 36 1-Jan-21 TOTAL 76, 66, Became REO Property in a Prior Period: , 76, Sep-29 6.% TX % 36 1-Dec , 24, Jun % TX - 75.% 36 1-Nov ,2 59, Sep % TX % 36 1-Dec ,2 13, Mar % GA - 8% 36 1-Jan ,68 127, May % TX - 8% 36 1-Jan-21 TOTAL 351,8 392, TOTAL 427,8 459, Page 13 of 27

14 Foreclosure Report Loan Number & Loan Group Original Principal Stated Principal Paid to Date Current Note Rate State & LTV at Origination Original Term First Payment Date Became Foreclosure Property in a Prior Period: ,9 54, Dec % NC % 36 1-Dec , 69, Dec % NC - 8% 36 1-Oct ,75 49, Jul % IN - 85.% 36 1-Oct ,8 37, Feb % FL - 8% 36 1-Nov ,3 5, Apr % MS - 85.% 36 1-Jan ,2 44, Jan % NY - 85.% 36 1-Dec ,5 44, Sep % MO - 85.% 36 1-Jan ,35 88, Jan % NV - 85.% 36 1-Jan , , Apr % NC - 85.% 36 1-Jan-21 TOTAL Page 14 of , ,943.68

15 Prepayment Report VOLUNTARY PREPAYMENTS Current Number of Paid in Full Loans Number of Repurchased Loans Total Number of Loans Prepaid in Full Curtailments Amount 5, , Paid in Full Repurchased Loans Total Prepayment Amount 5, , Cumulative Number of Paid in Full Loans 5, ,32 Number of Repurchased Loans Total Number of Loans Prepaid in Full 5, ,25 Paid in Full 739,433, ,893, ,326, Repurchased Loans 16,53, ,679, ,29,872.6 Curtailments Amount (12,185,414.44) (1,91,382.29) (14,95,796.73) Total Prepayment Amount 743,778, ,662, ,44, Total Prepayments by Groups Total Prepayments 18K 18K 16K 14K 12K 1K 8K 6K 4K 2K K 16K 14K 12K 1K 8K 6K 4K 2K -2K K Group 1 Group 2 Page 15 of 27

16 PREPAYMENTS RATES SMM.6%.1%.6% 3 Months Avg SMM.77%.3%.67% 12 Months Avg SMM.83%.83%.83% Avg SMM Since Cut-off 1.92% 1.53% 1.87% CPR.74%.18%.66% 3 Months Avg CPR 8.87%.41% 7.72% 12 Months Avg CPR 9.52% 9.48% 9.51% Avg CPR Since Cut-off 2.71% 16.93% 2.26% PSA 12.32% 2.96% 11.% 3 Months Avg PSA Approximation % 6.85% % 12 Months Avg PSA Approximation % % % Avg PSA Since Cut-off Approximation % 3.43% % CPR by Groups Total CPR 4% 35.% 35.% 3% 3% 25.% 2% 15.% 1% 5.% 25.% 2% 15.% 1% 5.% % % -5.% -5.% Group 1 Group 2 PSA by Groups Total PSA 7% 6% 6% 5% 5% 4% 3% 2% 1% 4% 3% 2% 1% % % -1% -1% Group 1 Group 2 Page 16 of 27

17 CPR Avg since Cut-Off by Groups Total CPR Avg since Cut-Off 23.% 21.6% 22.% 21.4% 21.% 21.2% 2% 21.% 19.% 2.8% 1 2.6% 17.% 2.4% 16.% 2.2% Group 1 Group 2 PSA Avg since Cut-Off by Groups Total PSA Avg since Cut-Off 4% 384.% 38% 38% 376.% 36% 372.% 34% % 32% 36% 3% 356.% Group 1 Group 2 PREPAYMENT CALCULATION METHODOLOGY Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidation )/(Beg Principal - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(.2%*min(3,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): 1 - [(1-SMMn)*(1-SMMn+1)*...*(1-SMMm)]^(1/months in period n,m) Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(.2%*Avg WASn,m)) Average WASn,m: (min(3,wasn)+min(3,wasn+1)+...+min(3,wasm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases. Dates correspond to distribution dates. Page 17 of 27

18 Prepayment Detail Report Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution Loan Number & Loan Group Loan Status Original Principal Prepayment Amount Prepayment Date Current State & Type Prepayment Note LTV at & Rate Origination Original Term First Payment Date SPACE INTENTIONALLY LEFT BLANK TOTAL Page 18 of 27

19 Realized Loss Report COLLATERAL REALIZED LOSSES Current Subsequent Recoveries Number of Loans Liquidated Collateral Principal Realized Loss/(Gain) Amount 2, ,74.41 Collateral Interest Realized Loss/(Gain) Amount Net Liquidation Proceeds (58.75) (35.77) Cumulative Number of Loans Liquidated 1, ,925 Collateral Realized Loss/(Gain) Amount 66,71, ,644, ,346, Net Liquidation Proceeds 9,832, ,641, ,474,65.6 Cumulative Subsequent Recoveries 3,974, , ,326, Collateral Loss Severity Approximation by Groups Collateral Loss Severity Approximation 1,% 1,% 8,% 8,% 6,% 6,% 4,% 4,% 2,% 2,% % % Group 1 Group 2 Page 19 of 27

20 DEFAULT SPEEDS MDR.2% %.2% 3 Months Avg MDR.1% %.1% 12 Months Avg MDR.11%.22%.13% Avg MDR Since Cut-off.67%.45%.64% CDR.24% %.21% 3 Months Avg CDR.8% %.7% 12 Months Avg CDR 1.34% 2.56% 1.51% Avg CDR Since Cut-off 7.72% 5.27% 7.42% SDA 83.21% % % 3 Months Avg SDA Approximation % % % 12 Months Avg SDA Approximation 4,472.4% 8,54.31% 5,38.9% Avg SDA Since Cut-off Approximation 6,941.9% 4,547.4% 6,597.9% Loss Severity Approximation for Current Period 98.9% % 98.9% 3 Months Avg Loss Severity Approximation 99.96% % 99.96% 12 Months Avg Loss Severity Approximation 88.87% 1% 92.81% Avg Loss Severity Approximation Since Cut-off 42.3% 48.92% 42.82% CDR by Groups Total CDR 3% 2 25.% 24.% 2% 2% 15.% 1% 16.% 12.% 5.% 4.% % % -5.% -4.% Group 1 Group 2 SDA by Groups Total SDA 1,% 1,% 8,% 8,% 6,% 6,% 4,% 4,% 2,% 2,% % % -2,% -2,% Group 1 Group 2 Page 2 of 27

21 CDR Avg since Cut-Off by Groups Total CDR Avg since Cut-Off 8.5% 8.1% 7.5% 7.9% 7.% 7.8% 6.5% 7.7% 6.% 7.6% 5.5% 7.5% 5.% 7.4% Group 1 Group 2 SDA Avg since Cut-Off by Groups Total SDA Avg since Cut-Off 7,% 6,8% 6,5% 6,4% 6,% 6,% 5,5% 5,6% 5,% 5,2% 4,5% 4,8% 4,% 4,4% 3,5% 4,% 3,% 3,6% 2,5% 3,2% Group 1 Group 2 COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY Monthly Default Rate (MDR): (Beg Principal of Liquidated Loans)/(Total Beg Principal ) Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(3,WAS)*.2%,MAX(.3%,MIN(3,WAS)*.2%-95%*(WAS-6))) Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)*(1-MDRn+1)*...*(1-MDRm)]^(1/months in period n,m) Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12) Average SDA Approximation over period between the nth month and mth month: AvgCDRn,m/IF(Avg WASn,m<61,MIN(3,Avg WASn,m)*.2%,MAX(.3%,MIN(3,Avg WASn,m)*.2%-95%*(Avg WASn,m-6))) Average WASn,m: (WASn + WASn WASm )/(number of months in the period n,m) Loss Severity Approximation for current period: sum(realized Loss Amount)/sum(Beg Principal of Liquidated Loans) Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m) Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods. Dates correspond to distribution dates. Charged off or Partially Charged off Loans assumed to have a minimum 1% Loss Severity Percentage. Page 21 of 27

22 Realized Loss Detail Report Loan Number & Loan Group Loan Status Current Note Rate State & LTV at Origination Original Term Prior Principal Realized Loss/(Gain) Revision Realized Loss/(Gain) IN - 75.% 36 Revision % SC % 36 43,26.59 Modification 2, NC - 85.% 36 Revision (22.98) TOTAL 43, , The Servicer has not made a final recovery determination on any loan noted above as a "Modification" and such realized loss is based on principal forbearance in connection with a loan modification. Page 22 of 27

23 Triggers and Adj. Cert. Report TRIGGER EVENTS Has the Stepdown Date Occurred? Yes Does the Trigger Event Exist? (A Trigger Event Exists if (i) is true) No (i) The quotient of ( (A) > (B) ). (A) 6+ Day Delinquency % (1) / (2) %. (1) 6+ Day Delinquency 2,324, (2) Stated Principal Ending 11,986, (B) 65% of Credit Enhancement Percentage % % Credit Enhancement Percentage % of Mezzanine & C Class 4,829, Stated Principal Beginning 12,27,45.15 Has Master Servicer event of Default Occured? (if a>b) Yes Cumulative Losses 73,346, Cut-off Date Principal 1,,,595. (a) Cumulative Loss Percentage % (b) Applicable Loss Percentage 6.125% HAMP Incentive Amount Reporting - Current Bonus Incentive Amount Cumulative Bonus Incentive Amount ADJUSTABLE RATE CERTIFICATE INFORMATION SPACE INTENTIONALLY LEFT BLANK Page 23 of 27

24 ADDITIONAL INFORMATION Current LIBOR Rate % Libor Rate Determination Date 2/19/219 Next LIBOR Rate % Next Libor Rate Determination Date 3/19/219 Page 24 of 27

25 Additional Certificate Report ADDITIONAL CERTIFICATE REPORT CLASS NET WAC Shortfall UnPaid NET WAC Shortfall Paid Total NET WAC SF (1+2+3) Curr NET WAC SF (3) Int on Prior SF (2) NET WAC Shortfall Prior (1) AV-1 $ $ $ $ $ $ M-1 $ $ $ $ $ $ M-2 $ $ $ $ $ $ M-3 $ $ $ $ $ $ Page 25 of 27

26 ADDITIONAL CERTIFICATE REPORT Next PTR CLASS AV % M % M % M % Page 26 of 27

27 Modified Loan Detail Modification Detail Report - Mortgage Loans Modified Durring Current Distribution Loan Number & Loan Group Date Modification Current Type Desc. Code Beginning Note Rate Maturity Date Post-Modification P&I Payment Principal Foregiveness Interest Foregiveness Amount Capitalized Amount Deferred /7/219 O 33, % 11/1/ , TOTAL 1 33, , Modification Code Description A Fast Track Modification B Modification Resulting In Capitalized Amount C Modification Resulting In Forgiven Principal Amount D Modification Resulting In Forgiven Interest Amount E Modification Resulting In Deferred Amount F Beginning Modification G Note Rate Modification H Scheduled P&I Amount Modification I Maturity Date Modification J First Pay Adjustment Date Modification K First Rate Date Modification L First Rate Date Extended M First Periodic Rate Cap Modification N Subsequent Periodic Rate Cap Down Modification O Other P Subsequent Periodic Rate Cap Up Modification Q Maximum Rate Modification R Minimum Rate Modification S First Principal Payment Date Modification T Interest Only Flag Modification U Interest Only Term Modification V Various Attributes Modified W Balloon Payment Modification X Balloon Payment Date Modification Y Loan Type Modification Page 27 of 27