Exhibit XI-9Credit Enhancement Information
CREDIT ENHANCEMENT INFORMATION
BASIC INFORMATION
OUTSTANDING BOND NAME:
Bond Closing Date:
Source: ______
ORIGINAL BOND AMOUNT:
Current Interest Bonds:$
Capital Appreciation Bonds:$
Total$
Source: ______
OUTSTANDING BOND AMOUNT:
Schedule:
Current Interest Bonds:$
Capital Appreciation Bonds:
Total$
Actual*:
Current Interest Bonds:$
Capital Appreciation Bonds:
Total$
* If actual outstanding differs from scheduled outstanding, describe nature, date, and amount of unscheduled prepayments or (if actual exceeds scheduled) date and amount of defaulted principal payments: ______
______
______
Source: ______
Current as of: ______
Fannie Mae DUS GuidePage 1
09/03/96
Exhibit XI-9Credit Enhancement Information
INTEREST RATE INFORMATION:
Current: _____ (exact/approximate)
If adjustable, maximum: _____
Type of Bond Financing:
( )Fixed to Maturity
( )Adjustable/Variable
( )Other (describe) ______
______
If adjustable, describe nature of adjustments: ______
______
If multi-modal, describe various mode options: ______
______
MATURITY DATE(S):______
REMARKETING:
Next Remarketing/Reset Date:______
Remarket: (By whom, when, etc.) ______
______
ONGOING PROGRAM COSTS: (%/$) Per Period (N/A or
Unknown)
Credit Enhancement Fees______
Issuer Fees______
Trustee Fees______
Rebate Monitor______
Remarketing Agent Fees______
Other (describe) *______
Total______
______
* ______
PROJECT LOAN INFORMATION:
( )Current
( )Payment Default
( )Non-payment Default (describe)
______
______
( )Other
______
______
( )Status Unknown
Source: ______
Current as of: ______
Outstanding Balance:
( )Same as Bonds
( )Other
Principal Balance:$
Interest Arrearages:
Late Fees/Charges:
Total:$
Source: ______
Current as of: ______
Escrow Account Information:
Taxes:( ) Current( ) Underfunded
(Amount to bring current: $ )
Insurance:( ) Current( ) Underfunded
(Amount to bring current: $ )
Escrows held by: ______
______
Source: ______
Current as of: ______
PROJECT INFORMATION:
Number of Units:______
Location:______
______
Unit Mix:# of Units Type
______Efficiency
______1BR/1BA
______1BR/1BA/Den
______1 BR/1.5BA TH
______2BR/2BA
______2BR/2BA Den
______3BR/3BA
______Other (______)
Total______
Additional project description: ______
______
______
Source: ______as of: ______
Bond financing was for: ( ) New construction ( ) Acquisition only
( ) Acquisition/Rehabilitation ( ) Unknown ( ) Other (describe) ______
______
______
Source: ______as of: ______
Program Covenants/Requirements: ( ) basic Section 103 low-moderate income requirements;
( ) additional issuer-imposed program requirements (describe) ______
______
______
If additional issuer-imposed requirements apply, are they: ( ) Required by legislation
( ) Discretionary program requirements ( ) Issuer-imposed implementation of general
legislative requirements ( ) Other (describe) ______
______
______
DOCUMENTATION: (Check if copies on hand)
( )IndentureTitle:______
Date: ______
Parties: ______
( )Financing Loan AgreementTitle: ______
Date: ______
Parties: ______
( )Credit Enhancement AgreementTitle: ______
Date: ______
Parties: ______
( )Letter of Credit Reimbursement Title: ______
AgreementDate: ______
Parties: ______
( )Collateral Pledge AgreementTitle: ______
Date: ______
Parties: ______
( )Regulatory Agreement (Deed Title: ______
Restrictions)Date: ______
Parties: ______
( )Preliminary Official Statement:Title: ______
Date: ______
Parties: ______
( )Remarketing AgreementTitle: ______
Date: ______
Parties: ______
( )Mortgage Loan DocumentsBorrower: ______
Mortgagee of Record: ______
Date: ______
Other basic documents:
______Title: ______
(Name)Date: ______
Parties: ______
______Title: ______
(Name)Date: ______
Parties: ______
______Title: ______
(Name)Date: ______
Parties: ______
______Title: ______
(Name)Date: ______
Parties: ______
CREDIT ENHANCEMENT INFORMATION:
Type:( ) Certificate of Deposit ( ) Collateralized Letter of Credit ( ) Secondary Letter of
Credit behind Surety Bond ( ) Secondary Letter of Credit behind Bank Letter of Credit
() Other (describe) ______
______
Credit Enhancer (name/address of institution): ______
______
If role of thrift institution is secondary credit enhancer, name/address of primary credit enhancer and describe nature of primary credit enhancement: ______
______
Status of Credit Enhancer:
( ) Liquidated ( ) Conservationship ( ) Other (describe) ______
______
______
Supervising Regulator: ( ) RTC ( ) FDIC
Principal Contact: Name:______
Title:______
Address:______
______
Telephone:______
Telecopy:______
Source: ______
Current as of: ______
MATTERS PERTAINING TO POTENTIAL
CURRENT REFUNDING TRANSACTIONS
OPTIONAL BOND REDEMPTION OR ACCELERATION:
Bonds first subject to optional redemption on any interest payment date at redemption price of 100%. Bonds first subject to optional redemption at par currently.
Source: ______
______
Required redemption dates: ( ) any date ( ) interest payment dates ( ) Other (describe)
______
______
______
Source: ______
______
Minimum Redemption Notice Required: ______
Any Prepayment Premium? (describe) ______
______
OTHER REDEMPTION:
Project default: ( ) Yes ( ) No (describe)
______
______
______
______
Source: ______
______
Do conditions currently exist? ( ) Yes ( ) No ( ) Unknown
Source: ______
______
Thrift Default/Insolvency: ( ) Yes ( ) No (describe)
______
______
______
Source: ______
______
Do conditions currently exist? ( ) Yes ( ) No ( ) Unknown
Source: ______
______
Other Relevant Information:
______
______
______
INFORMATION CONCERNING PARTIES TO BE INVOLVED IN BOND REFUNDING
Issuer:
Name:______
Address:______
______
______
Telephone:______Telecopy: ______
Counsel:______Address: ______
______
Telephone:______
Telecopy:______
Source: ______as of: ______
Original Borrower:
Name:______
Address:______
______
______
Telephone:______Telecopy: ______
Counsel:______Address: ______
______
Telephone:______
Telecopy:______
Source: ______as of: ______
Current Borrower:
Name:______
Address:______
______
______
Telephone:______Telecopy: ______
Counsel:______Address: ______
______
Telephone:______
Telecopy:______
Source: ______as of: ______
Bond Trustee:
Name:______
Address:______
______
______
Telephone:______Telecopy: ______
Counsel:______Address: ______
______
Telephone:______
Telecopy:______
Source: ______as of: ______
Original Underwriter:
Name:______
Address:______
______
______
Telephone:______Telecopy: ______
Counsel:______Address: ______
______
Telephone:______
Telecopy:______
Source: ______as of: ______
Original Bond Counsel:
Name:______
Address:______
______
______
Telephone:______Telecopy: ______
Source: ______as of: ______
Proposed Bond Counsel:
Name:______
Address:______
______
______
Telephone:______Telecopy: ______
Source: ______as of: ______
Proposed Underwriter:
Name:______
Address:______
______
______
Telephone:______Telecopy: ______
Counsel:______Address: ______
______
Telephone:______
Telecopy:______
Source: ______as of: ______
Fannie Mae DUS GuidePage 1
09/03/96