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1980-076 CRA
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1980-076 CRA
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Last modified
1/3/2012 12:23:10 PM
Creation date
3/8/2005 11:37:51 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1980-76
Date
7/1/1980
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<br />(6) A copy of the Resolution containing the instructions to the Trustee <br />under the Resolution with respect to investments; and <br /> <br />(7) <br /> <br />Copies of the Mortgage Insurance, Special Hazard Insurance and <br />Earthquake Insurance policies, or evidence thereof. <br /> <br />During the period for acquisition of Mortgage Loans, the Agency will <br />cause quarterly reports to be filed with Standard & Poor's Corporation <br />specifying the earnings on investments, the number and dollar amount of <br />Mortgage Loans purchased with the proceeds of the Bonds and the balance of the <br />proceeds of the 80nds then remaining to purchase Mortgage Loans. <br /> <br />After completion of the period for purchase of such Mortgage Loans, the <br />Agency will cause annual financial reports to be filed with Standard & Poor's <br />Corporation containing, among other things, the delinquency and foreclosure <br />experience with respect to Mortgage Loans and the number and dollar amount of <br />prepayments of Mortgage Loans, and will cause to be so filed any cash flow <br />projections prepared since the filing of the last annual financial report. <br /> <br />14 <br /> <br />. <br /> <br />. <br /> <br />. <br />. <br /> <br />. <br />8 <br />
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