February 2018 Remittance – Called Deals

Called Deals – 2018

BSARM 2005-2 and 2005-5

On January 30, 2018, Annaly Capital Management, Inc., as owner of the optional purchase rights, provided notice to the Securities Administrator that it intended to exercise its optional purchase right regarding the Trust pursuant to Section 8.06 of the Indenture (the “Optional Purchase”). In connection with the Optional Purchase, (a) Annaly Capital Management, Inc. purchased the assets of the Trust, and (b) the final payment was made to Securityholders on February 26, 2018 (the “Final Payment Date”), each in accordance with Section 8.06 of the Indenture.

At its option, the majority holder of the owner trust certificates may purchase from the trust all of the mortgage loans, together with any properties in respect thereof acquired on behalf of the trust, and thereby effect termination and early retirement of the notes after the scheduled principal balance of the mortgage loans, and properties acquired in respect thereof, remaining in the trust has been reduced to less than 10% of the scheduled principal balance of the mortgage loans as of the cut-off date.

INDS 2007-2

The servicer or, if the servicer fails to exercise such option and any portion of the Class A Certificates remains outstanding, the certificate insurer (either of the servicer or the certificate insurer, as applicable, the “Terminator”), may purchase all of the remaining assets of the trust and thereby effect early retirement of the certificates on any distribution date (the “Optional Termination Date”) following the date on which the aggregate Stated Principal Balance of the mortgage loans as of the last day of the related Remittance Period and REO properties first equals an amount less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the cut-off date.

JPMORGAN RMBS SETTLEMENT: FINAL EXPERT CALCULATION - ALLOCABLE SHARES

on Exhibits filed with NYSCEF filed 12/15/2017

Exhibit A: List of Settlement Trusts covered under petition
Exhibit D: List of Settlement Trusts That Do Not Clearly Specify Whether the Pay First Method or The Write-Up First Method Should Be Used