1 (a) Each series of certificates shall be stated separately. The description shall include the yield to maturity on an annual payment basis. (b) For certificates of the installment type, information required by columns B, D (2) and (3) and E shall be given by age groupings, according to the number of months paid by security holders, grouped to show those upon which 1-12 monthly payments have been made, 13-24 payments, etc. (a) If the total of the reserves shown in these columns differs from the total of the reserves per the accounts, there should be stated (i) the aggregate difference and (ii) the difference on a $1,000 face-amount certificate basis. (b) There shall be shown by footnote or by supplemental schedule (i) the amounts periodically credited to each class of security holders' accounts from installment payments and (ii) such other amounts periodically credited to accumulate the maturity amount of the certificate. Such information shall be stated on a $1,000 face-amount certificate basis for the term of the certificate. 2 Classify names of individual depositaries under group headings, such as banks and states. 3 Total of column F shall agree with note required by caption 11 of § 210.6-22 as to total amoun of qualified Assets on Deposit. 2 The description for each property should include type of property (e.g., unimproved land, shopping center, garden apartments, etc.) and the geographical location. The required information is to be given as to each individual investment included in column E except that an amount not exceeding 5 percent of the total of column E may be listed in one amount as "miscellaneous investments.” * In a note to this schedule, furnish a reconciliation, in the following form, of the total amount at which real estate was carried at the beginning of each period for which income statements are required, with the total amount shown in column E: Balance at beginning of period....... Additions during period: Acquisitions through foreclosure Other acquisitions Improvements etc. Deductions during period: Other (describe)..... Balance at close of period.......... $. $ If additions, except acquisitions through foreclosure, represent other than cash expenditures, explain. If any of the changes during the period result from transactions, directly or indirectly with affiliates, explain the bases of such transactions and state the amounts involved. A similar reconciliation shall be furnished for the accumulated depreciation. If any item of real estate investments has been written down or reserved against, describe the item and explain the basis for the write-down or reserve. State in a note to column E the aggregate cost for Federal income tax purposes. The amount of all intercompany profits included in the total of column E shall be stated if material. 1 1 All money columns shall be totaled. Column H Principal amount of loans subject to delinquent principal or interest 10 2 The required information is to be given for each individual mortgage loan which exceeds three percent of the total of column G. 3 If the portfolio includes large numbers of mortgages most of which are less than three percent of column G, the mortgages not required to be reported separately should be grouped by classifications that will indicate the dispersion of the portfolio, i.e., for a portfolio of mortgages on single family residential housing. The description should also include number of loans by original loan amounts (e.g., over $100,000, $50,000-$99,999, $20,000-$49,000, under $20,000) and type loan (e.g., VA, FHA, Conventional). Interest rates and maturity dates may be stated in terms of ranges. Data required by columns D, E and F may be omitted for mortgages not required to be reported individually. Loans should be grouped by categories, e.g., first mortgage, second mortgage, construction loans, etc., and for each loan the type of property, e.g., shopping center, high rise apartments, etc., and its geographic location should be stated. 5 State whether principal and interest is payable at level amount over life to maturity or at varying amounts over life to maturity. State amount of balloon payment at maturity, if any. Also state prepayment penalty terms, if any. 193 In a note to this schedule, furnish a reconciliation, in the following form, of the carrying amount of mortgage loans at the beginning of each period for which income statements are required, with the total amount shown in column G: Balance at beginning of period......... New mortgage loans.. Other (describe)..... Deductions during period: Cost of mortgages sold.... Balance at close of period....... ........................ If additions represent other than cash expenditures, explain. If any of the changes during the period result from transactions, directly or indirectly with affiliates, explain the bases of such transactions, and state the amounts involved. State the aggregate mortgages (a) renewed and (b) extended. If the carrying amount of new mortgages is in excess of the unpaid amount of the extended mortgages, explain. 7 If any item of mortgage loans on real estate investments has been written down or reserved against, describe the item and explain the basis for the write-down or reserve. 8 State in a note to column G the aggregate cost for Federal income tax purposes. The amount of all intercompany profits in the total of column G shall be stated, if material. 10 (a) Interest in arrears for less than 3 months may be disregarded in computing the total amount of principal subject to delinquent interest. (b) of the total principal amount, state the amount acquired from controlled and other affiliates. 194 Subpart 229.200- Securities of the Registrant Subject 229.201 (Item 201) Market Price of and Dividends on the Registrant's Common Equity and Related Stockholder matters... 229.202 (Item 202) Description of Registrant's Securities. Page 3 5 9 10 ... 20 229.303 (Item 303) Management's Discussion and analysis of Financial Condition and Result of Operations 229.304 (Item 304) Changes in and Disagreements with Accountants on Accounting and Financial Disclosure Subpart 229.400 - Management and Certain Security Holders 229.401 (Item 401) Directors, Executive Officers, Promoters and Control Persons 229.402 (Item 402) Executive Compensation ... 229.403 (Item 403) Security Ownership of Certain Beneficial Owners and Management 229.404 (Item 404) Certain Relationships and Related Transactions Subpart 229.500 - Registration Statement and Prospectus Provisions 229.501 229.502 (Item 501) Forepart of Registration Statement and Outside Front Cover Page of Prospectus 33 35 229.503 229.504 (Item 503) Summary Information, Risk Factors and Ratio of Earnings to Fixed Charges. 37 38 229.510 (Item 510) Disclosure of Commission Positions on Indemnification for Securities Act Liabilities 229.511 229.512 |