The standardized investor reports which are made readily available to current and potential investors at least monthly should include the following information:
(1)
Materially relevant data on the credit quality and performance of underlying assets, including data allowing investors to identify dilution, delinquencies and defaults, restructured receivables, forbearance, repurchases, losses, recoveries and other asset performance remedies in the pool;
(2)
The form and amount of credit enhancement provided by the seller and sponsor at transaction and conduit levels, respectively;
(3)
Relevant information on the support provided by the sponsor; and
(4)
The status and definitions of relevant triggers (such as performance, termination or counterparty replacement triggers).
