What information will the primary dealer receive from the custodian to assist in reconciling and distributing aggregate monthly interest payments to investors?
With each payment distribution, the primary dealer will receive information regarding the gross principal and interest amount paid by the ABS collateral, as well as the principal and interest amount to be remitted to the borrower. Should an interest deficiency exist, the net interest and/or principal will be used to offset that deficiency, in which case the primary dealer will be informed.
Related Questions
- What information will the primary dealer receive from the custodian to assist in reconciling and distributing aggregate monthly interest payments to investors?
- What information will the TALF Agent receive from the custodian to assist in reconciling and distributing aggregate monthly interest payments to investors?
- How often will new data be available to assist Primary Care practices and their patients?
