-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DIAIKgGYYvHF3b6xumhYA53+oKnEKgI8x63INHKwuPIxyEAstBj1yIC2luVpU8M5 +htye/oXeyxrjTz7lUu2zg== 0000914121-06-003285.txt : 20061025 0000914121-06-003285.hdr.sgml : 20061025 20061024184750 ACCESSION NUMBER: 0000914121-06-003285 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20061025 DATE AS OF CHANGE: 20061024 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Mortgage Backed Securities 2006-17 Trust CENTRAL INDEX KEY: 0001375695 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-129159-32 FILM NUMBER: 061161168 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 BUSINESS PHONE: 3018468881 MAIL ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERIDK STATE: MD ZIP: 21703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO ASSET SECURITIES CORP CENTRAL INDEX KEY: 0001011663 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 521972128 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 BUSINESS PHONE: 3018468881 MAIL ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERIDK STATE: MD ZIP: 21703 FORMER COMPANY: FORMER CONFORMED NAME: NORWEST ASSET SECURITIES CORP DATE OF NAME CHANGE: 19960717 FWP 1 we5835603-fwp.txt FREE WRITING PROSPECTUS Filed Pursuant to Rule 433 File No.: 333-129159-32 The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. In addition, you may get the prospectus for free by visiting our website at http://www.ubs.com/regulationab. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-(877) 867-2654. THE SERIES 2006-17 CERTIFICATES
Initial Pass- Principal Through Class Balance(1) Rate Principal Types Interest Types CUSIP - -------------------------------------------------------------------------------------------- Offered Certificates Class A-1 $255,020,000 5.500% Senior, Pass-Through Fixed Rate 94985C AA 3 Class A-2 $50,000,000 5.500% Senior, Sequential Pay Fixed Rate 94985C AB 1 Class A-3 $1,963,000 5.500% Senior, Sequential Pay Fixed Rate 94985C AC 9 Class A-4 $12,991,000 5.500% Senior, Lockout Fixed Rate 94985C AD 7 Class A-PO $308,656 0.000% Senior, Ratio Strip Principal Only 94985C AE 5 Class A-R $25 5.500% Senior, Sequential Pay Fixed Rate 94985C AF 2 Class B-1 $3,585,000 5.500% Subordinated Fixed Rate 94985C AG 0 Class B-2 $652,000 5.500% Subordinated Fixed Rate 94985C AH 8 Class B-3 $489,000 5.500% Subordinated Fixed Rate 94985C AJ 4 Non-Offered Certificates Class B-4 $326,000 5.500% Subordinated Fixed Rate 94985C AK 1 Class B-5 $326,000 5.500% Subordinated Fixed Rate 94985C AL 9 Class B-6 $326,798 5.500% Subordinated Fixed Rate 94985C AM 7
- ------------------------ (1) Approximate. The initial principal balances are subject to adjustment. 2 Allocation of Amount to be Distributed on the Class A Non-PO Certificates On each Distribution Date occurring prior to the Subordination Depletion Date, the Class A Non-PO Principal Distribution Amount will be allocated among and distributed in reduction of the Principal Balances of the Class A Non-PO Certificates, sequentially, as follows: first, to the Class A-R Certificates; and second, concurrently, as follows: (a) approximately 79.7002256433% to the Class A-1 Certificates; and (b) approximately 20.2997743567%, sequentially, as follows: (i) to the Class A-4 Certificates, up to the Priority Amount for such Distribution Date; and (ii) sequentially, to the Class A-2, Class A-3 and Class A-4 Certificates. The "Priority Amount" for any Distribution Date means the sum of (a) the product of (i) the Priority Percentage, (ii) the Shift Percentage and (iii) the Scheduled Principal Amount and (b) the product of (i) the Priority Percentage, (ii) the Prepayment Shift Percentage and (iii) the Unscheduled Principal Amount. The "Priority Percentage" means the Principal Balance of the Class A-4 Certificates divided by the sum of the Principal Balances of the Class A-1, Class A-2, Class A-3 and Class A-4 Certificates. The "Scheduled Principal Amount" means the sum for each outstanding Mortgage Loan (including each defaulted Mortgage Loan with respect to which the related Mortgaged Property has been acquired by the Trust Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B) the sum of the amounts for such Mortgage Loan described in clauses B(i) and B(iv) of the definition of "Class A Non-PO Optimal Principal Amount." The "Unscheduled Principal Amount" means the sum for each outstanding Mortgage Loan (including each defaulted Mortgage Loan with respect to which the related Mortgage Property has been acquired by the Trust Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B) the sum of the amounts for such Mortgage Loan described in clauses B(ii) and B(iii) of the definition of "Class A Non-PO Optimal Principal Amount." 3 The "Shift Percentage" for any Distribution Date will be the percentage indicated below: Distribution Date Occurring In Shift Percentage - ------------------------------------------------------------- ---------------- November 2006 through October 2011 0% November 2011 and thereafter 100% The "Prepayment Shift Percentage" for any Distribution Date will be the percentage indicated below: Prepayment Shift Distribution Date Occurring In Percentage - ------------------------------------------------------------- ---------------- November 2006 through October 2011 0% November 2011 through October 2012 30% November 2012 through October 2013 40% November 2013 through October 2014 60% November 2014 through October 2015 80% November 2015 and thereafter 100% 4
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