PREPAYMENT INTEREST SHORTFALL

PREPAYMENT INTEREST SHORTFALL. With respect to any Distribution Date, for each Mortgage Loan that was the subject of a partial Principal Prepayment, a Principal Prepayment in full, or that became a Liquidated Loan during the related Prepayment Period, (other than a Principal Prepayment in full resulting from the purchase of a Mortgage Loan pursuant to Section 2.02, 2.03, 4.21 or 11.01 hereof), the amount, if any, ... by which (i) one month's interest at the Mortgage Rate (net of the related Servicing Fee and the LPMI Fee, if any) on the Stated Principal Balance of such Mortgage Loan immediately prior to such prepayment (or liquidation) or in the case of a partial Principal Prepayment on the amount of such prepayment (or liquidation proceeds) exceeds (ii) the amount of interest paid or collected in connection with such Principal Prepayment or such liquidation proceeds less the sum of (a) any Prepayment Charges, (b) the related Servicing Fee and (c) the LPMI Fee, if any. View More