10-D 1 final_2007-05.txt 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-D ASSET-BACKED ISSUER DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the monthly distribution period from August 1, 2007 to August 31, 2007 Commission File Number of issuing entity: 333-130333-25 ----------------- CITICORP MORTGAGE SECURITIES TRUST, SERIES 2007-05 ------------------------------------------------------------------------ (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-130333 ---------------------- CITICORP MORTGAGE SECURITIES, INC. ------------------------------------------------------------------------ (Exact name of depositor as specified in its charter) CITIMORTGAGE, INC. CITIMORTGAGE, INC. ------------------------------------------------------------------------- (Exact name of sponsor as specified in its charter) New York ----------------------------------------------------------------------------- (State or other jurisdiction of incorporation or organization of the issuing entity) 83-0486778 and 83-0486786 and 83-0486789 ---------------------------------------------------------------------------- (I.R.S. Employer Identification No.) 1000 Technology Drive, O'Fallon, Missouri 63368-2240 ---------------------------------------- ---------- (Address of principal executive offices of the issuing entity) (Zip Code) (636) 261-1300 ------------------------------------------------------------------------- (Telephone number, including area code) -------------------------------------------------------------------------- (Former name, former address. if changed since last report.) Registered/reporting pursuant to (check one) Title Name of exchange of Class Section 12(b) Section 12(g) Section 15(d) (if Section 12(b)) Class IIA-1 { } { } {X} _____________ Class IIA-IO { } { } {X} _____________ Class IIIA-1 { } { } {X} _____________ Class IIIA-IO { } { } {X} _____________ Class IA-1 { } { } {X} _____________ Class IA-2 { } { } {X} _____________ Class IA-3 { } { } {X} _____________ Class IA-4 { } { } {X} _____________ Class IA-5 { } { } {X} _____________ Class IA-6 { } { } {X} _____________ Class IA-7 { } { } {X} _____________ Class IA-8 { } { } {X} _____________ Class IA-9 { } { } {X} _____________ Class IA-10 { } { } {X} _____________ Class IA-11 { } { } {X} _____________ Class IA-IO { } { } {X} _____________ Class A-PO { } { } {X} _____________ Class B-1 { } { } {X} _____________ Class B-2 { } { } {X} _____________ Class B-3 { } { } {X} _____________ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes{X} No{ } 1 2 Part I - DISTRIBUTION INFORMATION Item 1. Distribution and Pool Performance Information On September 25, 2007 a distribution was made to holders of Citicorp Mortgage Securities, Inc. REMIC Pass-Through Certificates, Series 2007-05 issued by Citicorp Mortgage Securities Trust, Series 2007-05. The monthly distribution report is attached as an Exhibit to this Form 10-D. Please see Item 9(b), Exhibit 99.1. Part II - OTHER INFORMATION Item 7. Significant Enhancement Provider Information Not Applicable Item 9. Exhibits (a) The following are documents filed as part of this Form 10-D: (99.1) Monthly distribution report for the month of August 2007. (b) Exhibits required to be filed by Form 10-D and Item 601 of Regulation S-K: (4.1) Pooling and Servicing Agreement, dated as of June 01, 2007, among Citicorp Mortgage Securities, Inc., CitiMortgage, Inc., U.S. Bank National Association, and Citibank, N.A. (incorporated by reference to Exhibit 4.1 to the Current Report on Form 8-K filed by the issuing entity with the Securities and Exchange Commission on July 12, 2007.) (10.1) Form of Mortgage Loan Purchase Agreement, dated June 01, 2007, between Citicorp Mortgage Securities, Inc. and CitiMortgage, Inc. (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by the issuing entity with the Securities and Exchange Commission on July 12, 2007.) (99.1) Monthly distribution report for the month of August 2007. 2 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. CITICORP MORTGAGE SECURITIES, INC. Depositor By: /s/ Cathy Johnson ------------------------- Cathy Johnson Assistant Vice President Dated: September 24, 2007 3 Exhibit No. Description ----------- ------------- (99.1) Monthly distribution report for the month of August 2007. 4 EXHIBIT 99.1 ------------- Citicorp Mortgage Securities, Inc. Distribution Date Statement to Certificateholders Remic Pass-Through Certificate Series Name: CMSI 2007-05 Payment Date: 09/25/2007 Issuer: Citicorp Mortgage Securities, Inc. Record Date: See footnote Determination Date: 09/18/2007 Distribution Date: 25-Sep-07 Distribution #: 3 W.A.C. 6.24% Trustee U.S. Bank National Association Maryellen Hunter (617) 603-6401 Bond Administrator CitiMortgage, Inc. Norma Wesselmann (636) 261-1368 Paying Agent: Citibank N.A. Nancy Forte (212) 816-5685

6 Citicorp Mortgage Securities, Inc. Distribution Date Statement to Certificate Holders Remic Pass-Through Certificate Series Name: CMSI 2007-05 Payment Date: 09/25/2007

7 Citicorp Mortgage Securities, Inc. Distribution Date Statement to Certificateholders Remic Pass-Through Certificate Series Name: CMSI 2007-05 Payment Date: 09/25/2007

8 Citicorp Mortgage Securities, Inc. Distribution Date Statement to Certificateholders Remic Pass-Through Certificate Series Name: CMSI 2007-05 Payment Date: 09/25/2007

9 Citicorp Mortgage Securities, Inc. Distribution Date Statement to Certificateholders Remic Pass-Through Certificate Series Name: CMSI 2007-05 Payment Date: 09/25/2007 Delinquency Status - Determined by the MBA Method -------------------------------------------------- 30 - 59 days Delq 60+ days Book Value REO ----------------------------------------------------- Number 2 0 0 Amount $919,853.68 $0.00 $0.00 Stated Collateral Information ------------------------------- Service Fees Begin Balance Aggregate Adj Balance -------------------------------------------------------------------- $30,531.81 $342,349,726.03 $340,743,768.51 Advances ------------ Voluntary Advances $0.00 Trustee Advances $0.00 Advance Account Advances $0.00 Certificate Account Advances $584,513.87 Summary of Disbursements ------------------------- Withdrawals Remittances Residual and (Deposits) P&I Distributed ----------------------------------------------------------------- $3,313,384.01 $0.00 $0.00 $3,313,384.01 Current Month Yield Maintenance Payment: $279.19 Deposits to Certificate Account ----------------------------------------------------------------- Type Retained by CMI Amount Balance ----------------------------------------------------------------- IA-6 Yield Maintenance Payment No $277.03 $277.03 Yield Maintenance Reserve Fund Begin Remaining Balance Deposits Withdrawals Balance -------------------------------------------------- 0.00 2.16 $0.00 2.16 Citicorp Mortgage Securities, Inc. Distribution Date Statement to Certificateholders Remic Pass-Through Certificate Series Name: CMSI 2007-05 Payment Date: 09/25/2007 Loans repurchased in the current period: Loan Number Scheduled Principal Balance Pool/Group -------------------------------------------------------- No repurchases for this period 10 Citicorp Mortgage Securities, Inc. Distribution Date Statement to Certificateholders Remic Pass-Through Certificate Series Name: CMSI 2007-05 Payment Date: 09/25/2007 COLLATERAL INFORMATION: GENERAL INFORMATION: AT ISSUE BEGINNING ENDING WAC-SCHED BAL 6.24% 6.24% WAM 347 345 344 AVG LTV 70 70 70 AVG LOAN SIZE $604,666 $602,728 $602,021 # OF LOANS 570 568 566 ACTUAL BALANCE $344,659,426.31 $342,549,436.36 $340,941,666.39 SCHEDULED BALANCE $344,659,426.31 $342,349,726.03 $340,743,768.51 TYPE OF DWELLING UNIT: AT ISSUE CURRENT SNGL FAM DET 81% 81% 2-4 FAMILY 2% 2% TOWNHOUSE 2% 2% CONDOMINIUM 11% 11% COOPERATIVE 4% 4% GEOGRAPHIC DISTRIBUTION: LTV DISTRIBUTION: AT ISSUE CURRENT AT ISSUE CURRENT 65% AND BELOW 29% 29% CA 36% CA 36% 65.01-75% 23% 22% NY 13% NY 13% 75.01-80% 48% 49% FL 11% FL 11% OVER 80% 0% 0% WA 5% WA 5% IL 4% IL 4% OTHER 31% OTHER 31% CREDIT ENHANCEMENT: AT ISSUE CURRENT SUBORDINATION 3.00% $10,340,736.00 3.03% $10,315,071.71 CUMULATIVE LOSS REDUCTION $0.00 PREPAYMENT INFORMATION: SCHEDULED PRINCIPAL: $286,718.50 PRINCIPAL PREPAYMENTS: $1,319,239.02 1 MONTH 3 MONTH 12 MONTH CUMULATIVE PRICING SPEED(PSA):300% PREPAYMENT HISTORY(PSA): 471% 461% 0% 461% PREPAYMENT HISTORY(CPR): 4.54% 3.52% 0.00% 3.52% DELINQUENCY (1)

(1) DETERMINED BY THE MBA METHOD. (2) DOES NOT INCLUDE REAL ESTATE OWNED BY THE TRUST. ------------------------------------------------------------------------------- 30 yr REG COLLATERAL INFORMATION: GENERAL INFORMATION: AT ISSUE BEGINNING ENDING WAC-SCHED BAL 6.23% 6.23% WAM 357 355 354 AVG LTV 69 69 69 AVG LOAN SIZE $589,513 $587,760 $587,547 # OF LOANS 346 345 344 ACTUAL BALANCE $203,971,346.09 $202,923,916.36 $202,259,548.57 SCHEDULED BALANCE $203,971,346.09 $202,777,213.72 $202,116,224.61 TYPE OF DWELLING UNIT: AT ISSUE CURRENT SNGL FAM DET 80% 80% 2-4 FAMILY 2% 2% TOWNHOUSE 3% 3% CONDOMINIUM 10% 10% COOPERATIVE 5% 5% GEOGRAPHIC DISTRIBUTION: LTV DISTRIBUTION: AT ISSUE CURRENT AT ISSUE CURRENT 65% AND BELOW 32% 32% CA 29% CA 30% 65.01-75% 23% 22% NY 15% NY 15% 75.01-80% 45% 46% FL 12% FL 12% OVER 80% 0% 0% WA 6% WA 6% GA 4% GA 4% OTHER 34% OTHER 33% PREPAYMENT INFORMATION: SCHEDULED PRINCIPAL: $201,130.60 PRINCIPAL PREPAYMENTS: $459,858.51 1 MONTH 3 MONTH 12 MONTH CUMULATIVE PRICING SPEED(PSA):300% PREPAYMENT HISTORY(PSA): 287% 331% 0% 331% PREPAYMENT HISTORY(CPR): 2.70% 2.45% 0.00% 2.45% DELINQUENCY (1)

(1) DETERMINED BY THE MBA METHOD. (2) DOES NOT INCLUDE REAL ESTATE OWNED BY THE TRUST. ------------------------------------------------------------------------------- 15 yr COLLATERAL INFORMATION: GENERAL INFORMATION: AT ISSUE BEGINNING ENDING WAC-SCHED BAL 5.92% 5.93% WAM 178 176 175 AVG LTV 58 58 58 AVG LOAN SIZE $672,259 $667,137 $664,593 # OF LOANS 31 31 31 ACTUAL BALANCE $20,840,017.95 $20,727,048.38 $20,652,021.46 SCHEDULED BALANCE $20,840,017.95 $20,681,251.67 $20,602,381.21 TYPE OF DWELLING UNIT: AT ISSUE CURRENT SNGL FAM DET 82% 82% 2-4 FAMILY 0% 0% TOWNHOUSE 0% 0% CONDOMINIUM 15% 15% COOPERATIVE 3% 3% GEOGRAPHIC DISTRIBUTION: LTV DISTRIBUTION: AT ISSUE CURRENT AT ISSUE CURRENT 65% AND BELOW 52% 52% CA 22% CA 22% 65.01-75% 27% 27% NY 16% NY 16% 75.01-80% 21% 21% AZ 15% AZ 15% OVER 80% 0% 0% FL 14% FL 14% NJ 5% NJ 5% OTHER 28% OTHER 28% PREPAYMENT INFORMATION: SCHEDULED PRINCIPAL: $74,975.83 PRINCIPAL PREPAYMENTS: $3,894.63 1 MONTH 3 MONTH 12 MONTH CUMULATIVE PRICING SPEED(PSA):300% PREPAYMENT HISTORY(PSA): 25% 35% 0% 35% PREPAYMENT HISTORY(CPR): 0.27% 0.31% 0.00% 0.31% DELINQUENCY (1)

(1) DETERMINED BY THE MBA METHOD. (2) DOES NOT INCLUDE REAL ESTATE OWNED BY THE TRUST. ------------------------------------------------------------------------------- 30 yr RELO COLLATERAL INFORMATION: GENERAL INFORMATION: AT ISSUE BEGINNING ENDING WAC-SCHED BAL 5.93% 5.93% WAM 359 357 356 AVG LTV 78 78 78 AVG LOAN SIZE $575,721 $574,522 $573,926 # OF LOANS 18 18 18 ACTUAL BALANCE $10,362,972.80 $10,348,601.28 $10,335,607.43 SCHEDULED BALANCE $10,362,972.80 $10,341,390.30 $10,330,673.76 TYPE OF DWELLING UNIT: AT ISSUE CURRENT SNGL FAM DET 96% 96% 2-4 FAMILY 0% 0% TOWNHOUSE 4% 4% CONDOMINIUM 0% 0% COOPERATIVE 0% 0% GEOGRAPHIC DISTRIBUTION: LTV DISTRIBUTION: AT ISSUE CURRENT AT ISSUE CURRENT 65% AND BELOW 0% 0% CT 14% CT 14% 65.01-75% 18% 18% TX 14% TX 14% 75.01-80% 76% 76% CA 13% CA 13% OVER 80% 6% 6% PA 10% PA 10% WA 10% WA 10% OTHER 39% OTHER 39% PREPAYMENT INFORMATION: SCHEDULED PRINCIPAL: $10,612.07 PRINCIPAL PREPAYMENTS: $104.47 1 MONTH 3 MONTH 12 MONTH CUMULATIVE PRICING SPEED(PSA):300% PREPAYMENT HISTORY(PSA): 1% 4% 0% 4% PREPAYMENT HISTORY(CPR): 0.01% 0.02% 0.00% 0.02% DELINQUENCY (1)

(1) DETERMINED BY THE MBA METHOD. (2) DOES NOT INCLUDE REAL ESTATE OWNED BY THE TRUST. ------------------------------------------------------------------------------- 30 yr IO COLLATERAL INFORMATION: GENERAL INFORMATION: AT ISSUE BEGINNING ENDING WAC-SCHED BAL 6.34% 6.34% WAM 358 356 355 AVG LTV 72 72 72 AVG LOAN SIZE $625,629 $623,850 $622,511 # OF LOANS 175 174 173 ACTUAL BALANCE $109,485,089.47 $108,549,870.34 $107,694,488.93 SCHEDULED BALANCE $109,485,089.47 $108,549,870.34 $107,694,488.93 TYPE OF DWELLING UNIT: AT ISSUE CURRENT SNGL FAM DET 80% 81% 2-4 FAMILY 3% 3% TOWNHOUSE 1% 1% CONDOMINIUM 13% 13% COOPERATIVE 3% 2% GEOGRAPHIC DISTRIBUTION: LTV DISTRIBUTION: AT ISSUE CURRENT AT ISSUE CURRENT 65% AND BELOW 22% 22% CA 53% CA 54% 65.01-75% 22% 22% NY 10% FL 9% 75.01-80% 56% 56% FL 9% NY 9% OVER 80% 0% 0% WA 4% WA 4% TX 4% TX 4% OTHER 20% OTHER 20% PREPAYMENT INFORMATION: SCHEDULED PRINCIPAL: $0.00 PRINCIPAL PREPAYMENTS: $855,381.41 1 MONTH 3 MONTH 12 MONTH CUMULATIVE PRICING SPEED(PSA):300% PREPAYMENT HISTORY(PSA): 906% 797% 0% 797% PREPAYMENT HISTORY(CPR): 9.06% 6.38% 0.00% 6.38% DELINQUENCY (1)

(1) DETERMINED BY THE MBA METHOD. (2) DOES NOT INCLUDE REAL ESTATE OWNED BY THE TRUST. ------------------------------------------------------------------------------- 30 yr REG and 30 yr IO COLLATERAL INFORMATION: GENERAL INFORMATION: AT ISSUE BEGINNING ENDING WAC-SCHED BAL 6.27% 6.27% WAM 358 356 355 AVG LTV 70 70 70 AVG LOAN SIZE $601,644 $599,860 $599,247 # OF LOANS 521 519 517 ACTUAL BALANCE $313,456,435.56 $311,473,786.70 $309,954,037.50 SCHEDULED BALANCE $313,456,435.56 $311,327,084.06 $309,810,713.54 TYPE OF DWELLING UNIT: AT ISSUE CURRENT SNGL FAM DET 81% 81% 2-4 FAMILY 2% 2% TOWNHOUSE 2% 2% CONDOMINIUM 11% 11% COOPERATIVE 4% 4% GEOGRAPHIC DISTRIBUTION: LTV DISTRIBUTION: AT ISSUE CURRENT AT ISSUE CURRENT 65% AND BELOW 28% 29% CA 38% CA 38% 65.01-75% 23% 22% NY 13% NY 13% 75.01-80% 49% 49% FL 11% FL 11% OVER 80% 0% 0% WA 6% WA 5% IL 4% IL 4% OTHER 28% OTHER 29% PREPAYMENT INFORMATION: SCHEDULED PRINCIPAL: $201,130.60 PRINCIPAL PREPAYMENTS: $1,315,239.92 1 MONTH 3 MONTH 12 MONTH CUMULATIVE PRICING SPEED(PSA):300% PREPAYMENT HISTORY(PSA): 516% 504% 0% 504% PREPAYMENT HISTORY(CPR): 4.96% 3.84% 0.00% 3.84% DELINQUENCY (1)

(1) DETERMINED BY THE MBA METHOD. (2) DOES NOT INCLUDE REAL ESTATE OWNED BY THE TRUST. -------------------------------------------------------------------------------

Citicorp Mortgage Securities Trust, Series 2007-5 10-D