§ 210.12-37 Mortgage loans on real estate and interest earned on mortgages.' 1 All money columns shall be totaled. If mortgages represent other than first liens, list separately in a schedule in a like manner, indicating briefly the nature of the lien. Information need not be furnished as to such liens which are fully insured or wholly guaranteed by an agency of the United States Government. In a separate schedule classify by states in which the mortgaged property is located the total amounts in support of columns B, C, D and E. (a) Interest in arrears for less than 3 months may be disregarded in computing the total amount of principal subJect to delinquent interest. (b) Of the total principal amount, state the amount acquired from controlled and other affiliates. In order to reconcile the total of column G with the amount shown in the profit and loss or income statement, Interest income earned applicable to period from mortgages sold or canceled during period should be added to the total of this column. If the information required by columns F and G is not reasonably available because the obtaining thereof would involve unreasonable effort or expense, such information may be omitted if the registrant shall include a statement showing that unreasonable effort or expense would be involved. In such an event, state in column G for each of the above classes of mortgage loans the average gross rate of interest on mortgage loans held at the end of the fiscal period. 7 Each mortgage loan included in column C in an amount in excess of $500, 000 shall be listed separately. Loans from $100,000 to $500, 000 shall be grouped by $50, 000 groups, indicating the number of loans in each group. In a footnote to this schedule, furnish a reconciliation, in the following form, of the carrying amount of mortgage loans at the beginning of the period with the total amount shown in column C: Balance at beginning of period.... Additions during period: New mortgage loans.. Other (describe).... Deductions during period: Collections of principal. Cost of mortgages sold. Amortization of premium.. Balance at close of period... If additions represent other than cash expenditures, explain. If any of the changes during the period result from transactions, directly or indirectly with affiliates, explain the bases of such transactions, and amounts involved. State the aggregate amount of mortgages (a) renewed and (b) extended. If the carrying amount of the new mortgages is in excess of the unpaid amount (not including interest) of prior mortgages, explain. If any item of mortgage loans on real estate investments has been written down or reserved against pursuant to $210.6-21 describe the item and explain the basis for the write-down or reserve. 10 State in a footnote to column C the aggregate cost for Federal income tax purposes: 11 If the total amount shown in column C includes intercompany profits, state the bases of the transactions result. ing in such profits and, if practicable, state the amounts thereof. 12 Summarize the aggregate amounts for each column applicable to captions 6(b), 6 (c) and 12 of § 210. 6-22. [16 F.R. 348, Jan. 13, 1951, as amended at 16 F.R. 2655, Mar. 24, 1951] All money columns shall be totaled. Each item of property included in column E in an amount in excess of $100,000 shall be listed separately. In a separate schedule classify by states in which the real estate owned is located the total amounts in support of columns E and F. In a footnote to this schedule, furnish a reconciliation, in the following form, of the total amount at which real estate was carried at the beginning of the period with the total amount shown in column E: If additions, except acquisitions through foreclosure, represent other than cash expenditures, explain. If any of the changes during the period result from transactions, directly or indirectly, with affiliates, explain and state the amount of any intercompany gain or loss. If any item of real estate investments has been written down or reserved against pursuant to § 210.6-21(1), describe the item and explain the basis for the write-down or reserve. State in a footnote to column E the aggregate cost for Federal income tax purposes. 1 The amount of all intercompany profits included in the total of column E shall be stated if material. • Summarize the aggregate amounts for each column applicable to captions 7 and 12 of § 210.6–22. [16 FR. 348, Jan. 18, 1951, as amended at 16 F.R. 2655, Mar. 24, 1951] 1 Amounts resulting from transactions with affiliates shall be stated separately. State separately each category of expense representing more than 5 percent of the total expense shown under this item. 8210.12-40 Certificate reserves. 1(a) Each series of certificates shall be stated separately. The description shall include the yield to maturity on an annual payment basis. (b) For certificates of the installment type, information required by columns B, D (2) and (3) and E shall be given by age groupings, according to the number of months paid by security holders, grouped to show those upon which 1-12 monthly payments have been made, 13-24 payments, etc. (a) If the total of the reserves shown in these columns differs from the total of the reserves per the accounts, there should be stated (1) the aggregate difference and (ii) the difference on a $1,000 face-amount certificate basis. (b) There shall be shown by footnote or by supplemental schedule (1) the amounts periodically credited to each class of security holders' accounts from installment payments and (11) such other amounts periodically credited to accumulate the maturity amount of the certificate. Such information shall be stated on a $1,000 face-amount certificate basis for the term of the certificate. 8210.12-41 Qualified assets on deposit.' All money columns shall be totaled. Classify names of individual depositaries under group headings, such as banks and states. Total of column F shall agree with note required by caption 11 of § 210.6-22 as to total amount of qualified Assets on Deposit. 1 All money columns shall be totaled. The description for each property should include type of property (e.g., unimproved land, shopping center, garden apartments, etc.) and the geographical location. The required information is to be given as to each individual investment included in column E except that an amount not exceeding 5 percent of the total of column E may be listed in one amount as "miscellaneous investments." In a note to this schedule, furnish a reconciliation, in the following form, of the total amount at which real estate was carried at the beginning of each period for which income statements are required, with the total amount shown in column E: Balance at beginning of period.. Additions during period: Acquisitions through foreclosure. Other acquisitions... Improvements, etc... [38 F.R. 6068, Mar. 6, 1978] Deductions during period: Balance at close of period... If additions, except acquisitions through foreclosure, represent other than cash State in a note to column E the aggregate cost for Federal income tax purposes. All money columns shall be totaled. The required information is to be given for each individual mortgage loan which If the portfolio includes large numbers of mortgages most of which are less than 4 Loans should be grouped by categories, e.g., first mortgage, second mortgage, State whether principal and interest is payable at level amount over life to matu- In a note to this schedule, furnish a reconciliation, in the following form, of the [38 F.R. 6069, Mar. 6, 1973; 38 F.R. 7323, Mar. 20, 1973] If additions represent other than cash expenditures, explain. If any of the changes 10 (a) Interest in arrears for less than 3 months may be disregarded in computing the |