What are the minimum principal and transfer amounts for REMIC classes currently issued?
All Classes other than Retail and Residual Classes are issued, held and transferred in minimum original principal or notional principal amounts as shown below and additional increments of $1. If a Class is more than one type, its minimum is the greater of the applicable minimum amounts. Type of Class Minimum Original Principal or Notional Principal Amount • Jump or Notional (Jump) $1,000,000 • Ascending Rate • Descending Rate • Interest-only • Principal-only • Inverse Floating Rate • Non-sticky Jump • Shifting Payment Percentage • Sticky Jump • Structured Formula • Toggle $100,000 • Other $1,000 Retail Classes are issued, maintained and transferred in $1,000 Retail Class units. A Residual Class without an original principal amount or notional principal amount is issued in minimum percentage interests of 1%. Other Residual Classes are issued in minimum original principal or notional principal amounts of $1,000 and additional increments of $1.
