« PreviousContinue »
(a) Each series of certificates shall be stated separately. The description shall include the yiel.I to maturity on an annual payment basis.
(b) For certificates of the installment type, information required by columns B, D (2) and (3) ind 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.
Classify names of individual depositaries under group headings, such as banks and states.
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.
The description for each property should include type of property (e.g., unimproved land, shopping center, garden apartments, etc.) and the geographical location. 3
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..........
Acquisitions through foreclosure
Deductions during period:
Cost of real estate sold
Other (describe) .....
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. s 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 required information is to be given for each individual mortgage loan which exceeds three percent of the total of column G.
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.
S 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.
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.
Deductions during period:
Collections of principal....
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.
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.
State in a note to column G the aggregate cost for Federal income tax purposes.
(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.
Subpart 229.200 - Securities of the Registrant
Subpart 229.300 - Financial Information
15 16 17 20
Subpart 229.400 — Management and Certain Security Holders
23 25 29 30
Subpart 229.500 – Registration Statement and Prospectus Provisions
33 35 37 38 39 39 39 40 41 41 42 42
Subpart 229.600 - Exhibits 229.601 (Item 601) Exhibits
Subpart 229.700 -- Miscellaneous
Subpart 229.800 — List of Industry Guides 229.801 Securities Act Industry Guides 229.802 Exchange Act Industry Guides