Common use of Minimum Investment Amounts Clause in Contracts

Minimum Investment Amounts. The Underwriter shall offer the Certificates in minimum denominations of $25,000, provided that the Certificates must be purchased in minimum total investments of $100,000. If the foregoing correctly sets forth the agreement between the Depositor and the Underwriter, please indicate your acceptance in the space provided for the purpose below. Very truly yours, By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: Vice President By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: Vice President Underwriting Agreement dated February 23, 2007. As used in this Agreement, the term “Registration Statement” refers to the Registration Statement on Form S-3, File No. 333-130961. Closing Date: February 28, 2007 Approximate Pool Balance: $630,045,189 of Mortgage Loans Cut-Off Date: February 1, 2007 Title and Description of Offered Certificates: Soundview Home Loan Trust 2007-1 Asset-Backed Certificates, Series 2007-1, Classes designated on the following page: Class I-A-1 $227,948,000 Variable Aaa AAA AAA Class II-A-1 $145,600,000 Variable Aaa AAA AAA Class II-A-2 $25,560,000 Variable Aaa AAA AAA Class II-A-3 $77,370,000 Variable Aaa AAA AAA Class II-A-4 $29,764,000 Variable Aaa AAA AAA Class M-1 $20,476,000 Variable Aa1 AA+ AA+ Class M-2 $18,586,000 Variable Aa2 AA AA Class M-3 $10,711,000 Variable Aa3 AA- AA- Class M-4 $9,766,000 Variable A1 A+ A+ Class M-5 $9,136,000 Variable A2 A A Class M-6 $8,506,000 Variable A3 A- A- Class M-7 $8,191,000 Variable Baa1 BBB+ BBB+ Class M-8A $4,300,000 Variable Baa2 BBB BBB Class M-8B $2,000,000 Variable Baa2 BBB BBB Class M-9 $5,985,000 Variable Baa3 BBB- BBB- Class M-10 $6,300,000 Variable Ba1 BB+ BBB- A legend in substantially the following form must appear on each Free Writing Prospectus: PROSPECTUS SUPPLEMENT dated February 23, 2007 (To Prospectus dated January 30, 2007) The certificates represent obligations of the Issuing Entity only and do not represent an interest in or obligation of the Depositor, the Master Servicer, any Originator or any Servicer or any of their affiliates. This prospectus supplement may be used to offer and sell the certificates only if accompanied by the prospectus. Only the sixteen classes of certificates identified below are being offered by this prospectus supplement and the accompanying prospectus. The Offered Certificates · Represent ownership interests in a trust consisting of a pool of first and second lien, fixed-rate and adjustable-rate residential mortgage loans. The mortgage loans will be segregated into two groups, one consisting of mortgage loans with principal balances at origination that conform to Xxxxxx Xxx and Xxxxxxx Mac loan limits and one consisting of mortgage loans with principal balances at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits. · The offered certificates will accrue interest at a rate equal to one-month LIBOR plus the related fixed margin, subject to certain limitations described in this prospectus supplement. · Will be entitled to monthly distributions beginning in March 2007. Credit Enhancement · Subordination as described in this prospectus supplement under “Description of the Certificates— Subordination.” · Overcollateralization as described in this prospectus supplement under “Description of the Certificates—Overcollateralization Provisions.” · Excess Interest as described in this prospectus supplement under “Description of the Certificates—Overcollateralization Provisions.” In addition, the offered certificates will have the benefit of an Interest Rate Swap Agreement, certain payments made pursuant to an Interest Rate Cap Agreement and a Basis Risk Cap Agreement. Class I-A-1 $227,948,000 Variable Class M-4 $9,766,000 Variable Class II-A-1 $145,600,000 Variable Class M-5 $9,136,000 Variable Class II-A-2 $25,560,000 Variable Class M-6 $8,506,000 Variable Class II-A-3 $77,370,000 Variable Class M-7 $8,191,000 Variable Class II-A-4 $29,764,000 Variable Class M-8A $4,300,000 Variable Class M-1 $20,476,000 Variable Class M-8B $2,000,000 Variable Class M-2 $18,586,000 Variable Class M-9 $5,985,000 Variable Class M-3 $10,711,000 Variable Class M-10 $6,300,000 Variable

Minimum Investment Amounts. The Underwriter shall offer the Certificates in minimum denominations of $25,000, provided that the Certificates must be purchased in minimum total investments of $100,000. If the foregoing correctly sets forth the agreement between the Depositor and the Underwriter, please indicate your acceptance in the space provided for the purpose below. Very truly yours, By: /s/ Xxx Xxxxxxxxxx Xxxxx X. Xxxxxx Name: Xxx Xxxxxxxxxx Xxxxx X. Xxxxxx Title: Vice President Managing Director By: /s/ Xxx Xxxxxxxxxx Xxxxx X. Xxxxxx Name: Xxx Xxxxxxxxxx Xxxxx X. Xxxxxx Title: Vice President Managing Director Underwriting Agreement dated February 23March 2, 2007. As used in this Agreement, the term “Registration Statement” refers to the Registration Statement on Form S-3, File No. 333-130961. Closing Date: February 28March 8, 2007 2007. Approximate Pool Balance: $630,045,189 646,989,000 of Mortgage Loans Loans. Cut-Off Date: February 1, 2007 2007. Title and Description of Offered Certificates: Soundview Home Loan Trust 2007-1 NS1 Asset-Backed Certificates, Series 2007-1NS1, Classes designated on the following page: Class I-A-1 $227,948,000 $ 309,424,000.00 Variable Aaa AAA AAA Class II-A-1 $145,600,000 A-2 $ 67,608,000.00 Variable Aaa AAA AAA Class II-A-2 $25,560,000 A-3 $ 105,880,000.00 Variable Aaa AAA AAA Class II-A-3 $77,370,000 A-4 $ 43,975,000.00 Variable Aaa AAA AAA Class II-A-4 $29,764,000 Variable Aaa AAA AAA Class M-1 $20,476,000 $ 29,517,000.00 Variable Aa1 AA+ AA+ Class M-2 $18,586,000 $ 25,106,000.00 Variable Aa2 AA AA Class M-3 $10,711,000 $ 12,892,000.00 Variable Aa3 AA- AA- Class M-4 $9,766,000 $ 10,518,000.00 Variable A1 A+ A+ Class M-5 $9,136,000 $ 11,535,000.00 Variable A2 A A Class M-6 $8,506,000 $ 7,464,000.00 Variable A3 A- A- Class M-7 $8,191,000 $ 8,821,000.00 Variable Baa1 BBB+ BBB+ Class M-8A $4,300,000 M-8 $ 6,107,000.00 Variable Baa2 BBB BBB Class M-8B $2,000,000 Variable Baa2 BBB BBB Class M-9 $5,985,000 $ 8,142,000.00 Variable Baa3 BBB- BBB- Class M-10 $6,300,000 Variable Ba1 BB+ BBB- A legend in substantially the following form must appear on each Free Writing Prospectus: PROSPECTUS SUPPLEMENT dated February 23, 2007 (To Prospectus dated January 30, 2007) The certificates represent obligations Each beneficial owner of a Mezzanine Certificate or any interest therein that is acquired after the termination of the Issuing Entity only Supplemental Interest Trust and do the Cap Trust will be deemed to have represented, by virtue of its acquisition or holding of that certificate or interest therein, that either (i) it is not represent a plan investor or (ii) it has acquired and is holding such Mezzanine Certificate in reliance on the Exemption, and that it understands that there are certain conditions to the availability of the Exemption, including that the Mezzanine Certificate must be rated at the time of purchase, not lower than BBB- (or its equivalent) by S&P or Moody’s Ratings or (iii) (1) it is an insurance company, (2) the source of funds used to acquire or hold the certificate or interest therein is an “insurance company general account”, as such term is defined in PTCE 95-60, and (3) the conditions in Sections I and III of PTCE 95-60 have been satisfied. Plan fiduciaries should consult their legal counsel concerning the availability of, and scope of relief provided by, the Exemption and the enumerated class exemptions. If any Floating Rate Certificate, or obligation any interest therein, is acquired or held in violation of the provisions of this section, the next preceding permitted beneficial owner will be treated as the beneficial owner of that certificate, retroactive to the date of transfer to the purported beneficial owner. Any purported beneficial owner whose acquisition or holding of a Floating Rate Certificate, or interest therein, was effected in violation of the provisions of this section shall indemnify to the extent permitted by law and hold harmless the Depositor, the Master ServicerTrustee and the Servicer from and against any and all liabilities, any Originator claims, costs or expenses incurred by such parties as a result of such acquisition or holding. Prospective Plan investors should consult with their legal advisors concerning the impact of ERISA and the Exemption or any Servicer or any of their affiliates. This prospectus supplement may be used to offer and sell the certificates only if accompanied by the prospectus. Only the sixteen classes of certificates identified below are being offered by this prospectus supplement other exemption, and the accompanying prospectuspotential consequences in their specific circumstances, prior to making an investment in the certificates. The Offered Moreover, each Plan fiduciary should determine whether under the general fiduciary standards of investment prudence and diversification, an investment in the Floating Rate Certificates · Represent ownership interests in a trust consisting of a pool of first and second lienis appropriate for the Plan, fixed-rate and adjustable-rate residential mortgage loans. The mortgage loans will be segregated taking into two groups, one consisting of mortgage loans with principal balances at origination that conform to Xxxxxx Xxx and Xxxxxxx Mac loan limits and one consisting of mortgage loans with principal balances at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits. · The offered certificates will accrue interest at a rate equal to one-month LIBOR plus account the related fixed margin, subject to certain limitations described in this prospectus supplement. · Will be entitled to monthly distributions beginning in March 2007. Credit Enhancement · Subordination as described in this prospectus supplement under “Description overall investment policy of the Certificates— Subordination.” · Overcollateralization as described in this prospectus supplement under “Description Plan and the composition of the Certificates—Overcollateralization ProvisionsPlan’s investment portfolio.” · Excess Interest as described in this prospectus supplement under “Description of the Certificates—Overcollateralization Provisions.” In addition, the offered certificates will have the benefit of an Interest Rate Swap Agreement, certain payments made pursuant to an Interest Rate Cap Agreement and a Basis Risk Cap Agreement. Class I-A-1 $227,948,000 Variable Class M-4 $9,766,000 Variable Class II-A-1 $145,600,000 Variable Class M-5 $9,136,000 Variable Class II-A-2 $25,560,000 Variable Class M-6 $8,506,000 Variable Class II-A-3 $77,370,000 Variable Class M-7 $8,191,000 Variable Class II-A-4 $29,764,000 Variable Class M-8A $4,300,000 Variable Class M-1 $20,476,000 Variable Class M-8B $2,000,000 Variable Class M-2 $18,586,000 Variable Class M-9 $5,985,000 Variable Class M-3 $10,711,000 Variable Class M-10 $6,300,000 Variable

Minimum Investment Amounts. The Underwriter shall offer the Certificates in minimum denominations of $25,000, provided that the Certificates must be purchased in minimum total investments of $100,000. If the foregoing correctly sets forth the agreement between the Depositor and the Underwriter, please indicate your acceptance in the space provided for the purpose below. Very truly yours, By: /s/ Xxx Xxxxxxxxxx Xxx Name: Xxx Xxxxxxxxxx Xxx Title: Vice President CONFIRMED AND ACCEPTED, as of the date first above written: By: /s/ Xxx Xxxxxxxxxx Xxx Name: Xxx Xxxxxxxxxx Xxx Title: Vice President SCHEDULE I Underwriting Agreement dated February 23November 16, 20072006. As used in this Agreement, the term “Registration Statement” refers to the Registration Statement on Form S-3, File No. 333-130961. Closing Date: February 28November 30, 2007 2006. Approximate Pool Balance: $630,045,189 1,203,955,585 of Mortgage Loans Loans. Cut-Off Date: February November 1, 2007 2006. Title and Description of Offered Certificates: Soundview Home First Franklin Mortgage Loan Trust 20072006-1 FF16 Asset-Backed Certificates, Series 20072006-1FF16, Classes designated on the following page: Class I-A-1 A1 $227,948,000 325,847,000 Variable Aaa AAA AAA Class M-3 $19,865,000 Variable Class II-A-1 A1 $145,600,000 Variable Aaa AAA AAA Class II-A-2 $25,560,000 Variable Aaa AAA AAA Class II-A-3 $77,370,000 Variable Aaa AAA AAA Class II-A-4 $29,764,000 Variable Aaa AAA AAA Class M-1 $20,476,000 Variable Aa1 AA+ AA+ Class M-2 $18,586,000 Variable Aa2 AA AA Class M-3 $10,711,000 Variable Aa3 AA- AA- Class M-4 $9,766,000 Variable A1 A+ A+ Class M-5 $9,136,000 Variable A2 A A Class M-6 $8,506,000 Variable A3 A- A- Class M-7 $8,191,000 Variable Baa1 BBB+ BBB+ Class M-8A $4,300,000 Variable Baa2 BBB BBB Class M-8B $2,000,000 Variable Baa2 BBB BBB Class M-9 $5,985,000 Variable Baa3 BBB- BBB- Class M-10 $6,300,000 Variable Ba1 BB+ BBB- A legend in substantially the following form must appear on each Free Writing Prospectus: PROSPECTUS SUPPLEMENT dated February 23, 2007 (To Prospectus dated January 30, 2007) The certificates represent obligations of the Issuing Entity only and do not represent an interest in or obligation of the Depositor, the Master Servicer, any Originator or any Servicer or any of their affiliates. This prospectus supplement may be used to offer and sell the certificates only if accompanied by the prospectus. Only the sixteen classes of certificates identified below are being offered by this prospectus supplement and the accompanying prospectus. The Offered Certificates · Represent ownership interests in a trust consisting of a pool of first and second lien, fixed-rate and adjustable-rate residential mortgage loans. The mortgage loans will be segregated into two groups, one consisting of mortgage loans with principal balances at origination that conform to Xxxxxx Xxx and Xxxxxxx Mac loan limits and one consisting of mortgage loans with principal balances at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits. · The offered certificates will accrue interest at a rate equal to one-month LIBOR plus the related fixed margin, subject to certain limitations described in this prospectus supplement. · Will be entitled to monthly distributions beginning in March 2007. Credit Enhancement · Subordination as described in this prospectus supplement under “Description of the Certificates— Subordination.” · Overcollateralization as described in this prospectus supplement under “Description of the Certificates—Overcollateralization Provisions.” · Excess Interest as described in this prospectus supplement under “Description of the Certificates—Overcollateralization Provisions.” In addition, the offered certificates will have the benefit of an Interest Rate Swap Agreement, certain payments made pursuant to an Interest Rate Cap Agreement and a Basis Risk Cap Agreement. Class I-A-1 $227,948,000 293,996,000 Variable Class M-4 $9,766,000 17,457,000 Variable Class II-A-1 A2 $145,600,000 139,671,000 Variable Class M-5 $9,136,000 17,457,000 Variable Class II-A-2 A3 $25,560,000 175,833,000 Variable Class M-6 $8,506,000 16,254,000 Variable Class II-A-3 A4 $77,370,000 69,955,000 Variable Class M-7 $8,191,000 Variable Class II-A-4 $29,764,000 Variable Class M-8A $4,300,000 13,845,000 Variable Class M-1 $20,476,000 36,721,000 Variable Class M-8B M-8 $2,000,000 8,428,000 Variable Class M-2 $18,586,000 32,507,000 Variable Class M-9 $5,985,000 12,040,000 Variable Class I-A1 Aaa AAA II-A1 Aaa AAA II-A2 Aaa AAA II-A3 Aaa AAA II-A4 Aaa AAA X-0 Xx0 XX+ X-0 Xx0 XX M-3 Aa3 AA M-4 A1 AA- M-5 A2 A+ M-6 A3 A M-7 Baa1 BBB+ M-8 Baa2 BBB+ M-9 Baa3 BBB- Xxxxxxx Xxx (000) 000-0000 Xxxx McSweeeney (000) 000-0000 Xxx Xxxxxx (000) 000-0000 Xxx Xxxxx (000) 000-0000 Xxxxx Xxxxx (000) 000-0000 Xxxxx Muni (000) 000-0000 Xxxx Xxxx (000) 000-0000 The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base 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 XXXXX on the SEC Web site at xxx.xxx.xxx <xxxx://xxx.xxx.xxx/>. Alternatively, RBS Greenwich Capital will arrange to send you the base prospectus at no charge if you request it by calling 0-000-000-0000 or emailing xxxxxxxxxxxxxxxxx@xxxxx.xxx. This free writing prospectus is being delivered to you solely to provide you with information about the offering and to solicit an offer to purchase the offered securities. Any such offer to purchase made by you will not be accepted and will not constitute a contractual commitment by you to purchase any of the securities until we have accepted your offer to purchase such securities. Any such commitment shall be subject to the conditions specified below. This free writing prospectus is not required to contain all of the information that is required to be included in the base prospectus and the prospectus supplement. The information in this free writing prospectus is preliminary and is subject to completion or change. The information in this free writing prospectus, if conveyed prior to the time of your commitment to purchase the offered securities, supersedes any prior version of this free writing prospectus and any information contained in any prior similar free writing prospectus relating to these securities. If a preliminary prospectus is conveyed to you prior to your commitment to purchase, that document supersedes all other information provided to you concerning the offered securities. This free writing prospectus is not an offer to sell or a solicitation of an offer to buy these securities in any state where such offer, solicitation or sale is not permitted. The securities referred to in this free writing prospectus are being offered when, as and if issued. The issuer is not obligated to issue any such securities or any similar securities, and all or a portion of the securities may not be issued that have the characteristics described herein. The underwriters' obligation to deliver such securities is subject to the terms and conditions of the underwriting agreement with the issuer and the availability of the securities having the characteristics described herein. If, for any reason, the issuer does not deliver such securities, the underwriter will notify you, and neither the issuer nor any underwriter will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. For asset-backed and mortgage-backed securities: Certain of the information contained herein may be based on numerous assumptions (including preliminary assumptions about the pool assets and structure), which may not be specifically identified as assumptions in the information. Any such information or assumptions are subject to change. The information in this free writing prospectus may reflect assumptions specifically requested by you. If so, prior to the time of your commitment to purchase, you should request updated information based on any assumptions specifically required by you. Any legends, disclaimers or other notices that may appear below or on any electronic communication to which this free writing prospectus is attached which state that (1) these materials do not constitute an offer (or a solicitation of an offer), (2) no representation is made as to the accuracy or completeness of these materials and that these materials may not be updated or (3) these materials may be confidential are not applicable to this communication and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this communication having been sent via Bloomberg or another system. I-A1 $325,847,000 Not Offered Hereby [AAA/AAA] December 2036 Floating Rate Senior II-A1 $293,996,000 1.00 / 1.00 1-21 / 1-21 [AAA/AAA] December 2036 Floating Rate Senior II-A2 $139,671,000 2.00 / 2.00 21-27 / 21-27 [AAA/AAA] December 2036 Floating Rate Senior II-A3 $175,833,000 3.50 / 3.50 27-69 / 27-69 [AAA/AAA] December 2036 Floating Rate Senior II-A4 $69,955,000 6.32 / 8.36 69-77 / 69-182 [AAA/AAA] December 2036 Floating Rate Senior M-1 $36,721,000 3.46 / 3.46 40-44 / 40-44 [Aa1/AA+] December 2036 Seq. Fltg. Rate Subordinate M-2 $32,507,000 4.59 / 4.59 00-00 / 00-00 [Xx0/XX] December 2036 Seq. Fltg. Rate Subordinate M-3 $10,711,000 Variable 19,865,000 6.39 / 8.42 00-00 / 00-000 [Xx0/XX] December 2036 Seq. Fltg. Rate Subordinate M-4 $17,457,000 4.44 / 4.84 39-77 / 39-121 [A1/AA-] December 2036 Floating Rate Subordinate M-5 $17,457,000 4.43 / 4.79 00-00 / 00-000 [X0/X+] December 2036 Floating Rate Subordinate M-6 $16,254,000 4.41 / 4.71 38-77 / 38-108 [A3/A] December 2036 Floating Rate Subordinate M-7 $13,845,000 4.41 / 4.64 00-00 / 00-00 [Xxx0/XXX+] December 2036 Floating Rate Subordinate M-8 $8,428,000 4.39 / 4.53 00-00 / 00-00 [Xxx0/XXX+] December 2036 Floating Rate Subordinate M-9 $12,040,000 4.35 / 4.37 00-00 / 00-00 [Xxx0/XXX-] December 2036 Floating Rate Subordinate (1) The Class M-10 $6,300,000 VariableI-A1 Certificates are backed primarily by the cash flow from the Group I Mortgage Loans (as defined herein). The Class II-A1, Class II-A2, Class II-A3 and Class II-A4 Certificates are backed primarily by the cash flow from the Group II Mortgage Loans (as defined herein). The Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates are backed by the cash flows from the Group I Mortgage Loans and the Group II Mortgage Loans. The principal balance of each class of Offered Certificates (as defined herein) is subject to a 10% variance. (2) The Class I-A1, Class II-A1, Class II-A2, Class II-A3, Class II-A4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates are priced to call. The margin on the Class I-A1, Class II-A1, Class II-A2, Class II-A3 and Class II-A4 Certificates will double on the first Distribution Date after the Optional Termination Date may first be exercised. The margin on each of the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates will be equal to 1.5x the original margin on the first Distribution Date after the Optional Termination may first be exercised. (3) See “Net WAC Rate” herein. (4) See “Pricing Prepayment Speed” herein. Depositor: Financial Asset Securities Corp. Servicer: National City Home Loan Services, Inc. Underwriter: Greenwich Capital Markets, Inc. Custodian: Xxxxx Fargo Bank, N.A. Trustee and Swap Administrator: Deutsche Bank National Trust Company. Loss Mitigation Advisor: Xxxxxxx Fixed Income Services Inc. formerly known as The Murrayhill Company. Swap Provider: TBD. Interest Rate Cap Provider: TBD. Basis Risk Cap Provider: TBD. Originator: First Franklin (“First Franklin”), a division of National City Bank of Indiana. Offered Certificates: The Class I-A1 Certificates (the “Group I Certificates”) and the Class II-A1, Class II-A2, Class II-A3 and Class II-A4 Certificates (together, the “Group II Certificates,” and collectively with the Group I Certificates, the “Class A Certificates”), and the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates (together, the “Class M Certificates”). The Class A Certificates and the Class M Certificates are referred to herein as the “Offered Certificates” or “Certificates.” Federal Tax Status: The Certificates will represent ownership of REMIC regular interests for tax purposes. Registration: The Certificates will be available in book-entry form through DTC and, upon request, through Clearstream, Luxembourg and the Euroclear System. Cut-off Date: The close of business on November 1, 2006. Expected Pricing Date: On or about the week of October [30], 2006. Expected Closing Date: On or about November 30, 2006. Expected Settlement Date: On or about November 30, 2006. Distribution Date: The 25th day of each month (or if not a business day, the next succeeding business day) commencing in December 2006. Accrued Interest: The price to be paid by investors for the Certificates will not include accrued interest (settling flat).

Minimum Investment Amounts. The Underwriter shall offer the Certificates in minimum denominations of $25,000, provided that the Certificates must be purchased in minimum total investments of $100,000. If the foregoing correctly sets forth the agreement between the Depositor and the Underwriter, please indicate your acceptance in the space provided for the purpose below. Very truly yours, By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: Vice President By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: Vice President Underwriting Agreement dated February 23March 12, 2007. As used in this Agreement, the term “Registration Statement” refers to the Registration Statement on Form S-3, File No. 333-130961. Closing Date: February 28March 21, 2007 2007. Approximate Pool Balance: $630,045,189 1,177,710,688.90 of Mortgage Loans Loans. Cut-Off Date: February March 1, 2007 2007. Title and Description of Offered Certificates: Soundview Home Loan Trust 2007-1 WMC1 Asset-Backed Certificates, Series 2007-1WMC1, Classes designated on the following page: Class I-A-1 $227,948,000 $ 254,857,000 Variable Aaa AAA AAA Class II-A-1 $145,600,000 $ 291,087,000 Variable Aaa AAA AAA Class IIIII-A-2 $25,560,000 A-1 $ 217,423,000 Variable Aaa AAA AAA Class IIIII-A-3 $77,370,000 A-2 $ 73,854,000 Variable Aaa AAA AAA Class IIIII-A-3 $ 77,833,000 Variable Aaa AAA AAA Class III-A-4 $29,764,000 $ 31,236,000 Variable Aaa AAA AAA Class M-1 $20,476,000 $ 40,042,000 Variable Aa1 AA+ AA+ Class M-2 $18,586,000 $ 36,509,000 Variable Aa2 AA AA Class M-3 $10,711,000 $ 21,788,000 Variable Aa3 AA- AA- Class M-4 $9,766,000 $ 19,432,000 Variable A1 A+ A+ Class M-5 $9,136,000 $ 17,666,000 Variable A2 A A Class M-6 $8,506,000 Variable A3 A- A- Class M-7 $8,191,000 $ 16,488,000 Variable Baa1 BBB+ BBB+ Class M-8A $4,300,000 Variable Baa2 BBB BBB Class M-8B $2,000,000 M-8 $ 12,955,000 Variable Baa2 BBB BBB Class M-9 $5,985,000 $ 10,010,000 Variable Baa3 BBB- BBB- Class M-10 $6,300,000 $ 11,777,000 Variable Ba1 BB+ BBB- A legend in substantially the following form must appear on each Free Writing Prospectus: PROSPECTUS SUPPLEMENT dated February 23March 12, 2007 (To For use with Prospectus dated January 30, 2007) Consider carefully the risk factors beginning on page S-16 in this prospectus supplement and on page 6 in the prospectus. The certificates represent obligations of the Issuing Entity only and do not represent an interest in or obligation of the DepositorFinancial Asset Securities Corp. or Countrywide Home Loans Servicing LP, the Master Servicer, any Originator or any Servicer or any of their affiliates. This prospectus supplement may be used to offer and sell the certificates only if accompanied by the prospectusprospectus FINANCIAL ASSET SECURITIES CORP. Only the sixteen classes of certificates identified below are being offered by this prospectus supplement and the accompanying prospectus. The Offered Certificates · Represent ownership interests in a trust consisting of a pool of first and second lien, fixed-rate and adjustable-rate residential mortgage loans. The mortgage loans will be segregated into two three groups, one consisting of mortgage loans with principal balances at origination that conform to Xxxxxxx Mac loan limits, one consisting of mortgage loans with principal balances at origination that conform to Xxxxxx Xxx and Xxxxxxx Mac loan limits and one consisting of mortgage loans with principal balances at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac and Xxxxxx Xxx loan limits. limits · The offered certificates will accrue interest at a rate equal to one-month LIBOR plus the related fixed margin, subject to certain limitations described in this prospectus supplement. · Will be entitled to monthly distributions beginning in March April 2007. Credit Enhancement · Subordination as described in this prospectus supplement under “Description of the Certificates— Certificates Subordination.” · Overcollateralization as described in this prospectus supplement under “Description of the Certificates—Overcollateralization Provisions.” · Excess Interest as described in this prospectus supplement under “Description of the Certificates—Overcollateralization Provisions.” In addition, the offered certificates will have the benefit of an Interest Rate Swap Agreement, certain payments made pursuant to an Interest Rate Cap Agreement and a Basis Risk Cap Agreement. Class I-A-1 $227,948,000 $ 254,857,000 Variable Class M-4 $9,766,000 M-3 $ 21,788,000 Variable Class II-A-1 $145,600,000 $ 291,087,000 Variable Class M-4 $ 19,432,000 Variable Class III-A-1 $ 217,423,000 Variable Class M-5 $9,136,000 $ 17,666,000 Variable Class IIIII-A-2 $25,560,000 $ 73,854,000 Variable Class M-6 $8,506,000 $ 17,077,000 Variable Class IIIII-A-3 $77,370,000 $ 77,833,000 Variable Class M-7 $8,191,000 $ 16,488,000 Variable Class IIIII-A-4 $29,764,000 $ 31,236,000 Variable Class M-8A $4,300,000 M-8 $ 12,955,000 Variable Class M-1 $20,476,000 $ 40,042,000 Variable Class M-8B $2,000,000 M-9 $ 10,010,000 Variable Class M-2 $18,586,000 Variable Class M-9 $5,985,000 Variable Class M-3 $10,711,000 $ 36,509,000 Variable Class M-10 $6,300,000 $ 11,777,000 Variable

Minimum Investment Amounts. The Underwriter shall offer the Certificates in minimum denominations of $25,000, provided that the Certificates must be purchased in minimum total investments of $100,000. If the foregoing correctly sets forth the agreement between the Depositor and the Underwriter, please indicate your acceptance in the space provided for the purpose below. Very truly yours, By: /s/ Xxxxxxx Xxx Xxxxxxxxxx Name: Xxxxxxx Xxx Xxxxxxxxxx Title: Vice President CONFIRMED AND ACCEPTED, as of the date first above written: By: /s/ Xxxxxxx Xxx Xxxxxxxxxx Name: Xxxxxxx Xxx Xxxxxxxxxx Title: Vice President Underwriting Agreement dated February 23June 18, 2007. As used in this Agreement, the term “Registration Statement” refers to the Registration Statement on Form S-3, File No. 333-130961. 140279 Closing Date: February 28July 10, 2007 2007. Approximate Pool Balance: $630,045,189 540,159,000 of Mortgage Loans Loans. Cut-Off Date: February July 1, 2007 2007. Title and Description of Offered Certificates: Soundview Home Loan Trust 2007-1 OPT2 Asset-Backed Certificates, Series 2007-1OPT2, Classes designated on the following page: Class Class Principal Balance Purchase Price Percentage Pass-Through Rate Moody’s S&P Class I-A-1 $227,948,000 $ 270,982,000 100.000000 % Variable Pass-Through Rate Aaa AAA AAA Class II-A-1 $145,600,000 $ 74,848,000 100.000000 % Variable Pass-Through Rate Aaa AAA AAA Class II-A-2 $25,560,000 $ 40,893,000 100.000000 % Variable Pass-Through Rate Aaa AAA AAA Class II-A-3 $77,370,000 $ 39,633,000 100.000000 % Variable Pass-Through Rate Aaa AAA AAA Class II-A-4 $29,764,000 $ 12,910,000 100.000000 % Variable Pass-Through Rate Aaa AAA AAA Class M-1 $20,476,000 $ 21,078,000 100.000000 % Variable Pass-Through Rate Aa1 AA+ AA+ Class M-2 $18,586,000 $ 18,549,000 100.000000 % Variable Pass-Through Rate Aa2 AA AA Class M-3 $10,711,000 $ 10,961,000 100.000000 % Variable Pass-Through Rate Aa3 AA- AA- Class M-4 $9,766,000 $ 10,398,000 100.000000 % Variable Pass-Through Rate A1 A+ A+ Class M-5 $9,136,000 $ 9,555,000 100.000000 % Variable Pass-Through Rate A2 A A Class M-6 $8,506,000 $ 9,274,000 100.000000 % Variable Pass-Through Rate A3 A- A- Class M-7 $8,191,000 $ 8,712,000 100.000000 % Variable Pass-Through Rate Baa1 BBB+ BBB+ Class M-8A $4,300,000 M-8 $ 7,026,000 100.000000 % Variable Pass-Through Rate Baa2 BBB BBB Class M-8B $2,000,000 Variable Baa2 BBB BBB Class M-9 $5,985,000 $ 5,340,000 98.140625 % Variable Pass-Through Rate Baa3 BBB- BBB- Class M-10 $6,300,000 Variable Ba1 BB+ BBB- A legend in substantially the following form must appear on each Free Writing Prospectus: PROSPECTUS SUPPLEMENT The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base 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 XXXXX on the SEC Web site at xxxx://xxx.xxx.xxx. Alternatively, RBS Greenwich Capital will arrange to send you the base prospectus at no charge if you request it by calling 0-000-000-0000 or emailing xxxxxxxxxxxxxxxxx@xxxxx.xxx. Subject to the terms and conditions set forth in the underwriting agreement, dated February 23June 18, 2007 (To Prospectus dated January 30the “Underwriting Agreement”), 2007) The certificates represent obligations of between the Issuing Entity only Underwriter and do not represent an interest in or obligation of the Depositor, the Master ServicerDepositor has agreed to sell to the Underwriter, and the Underwriter has agreed to purchase from the Depositor, the Offered Certificates. Distribution of the Offered Certificates will be made from time to time in negotiated transactions or otherwise at varying prices to be determined at the time of sale. Proceeds to the Depositor from the sale of the Offered Certificates, before deducting expenses payable by the Depositor and underwriting fees, will be approximately $540,059,709. The Underwriter’s commission will be any Originator or any Servicer or any positive difference between the price it pays to the Depositor for the Offered Certificates and the amount it receives from the sale of their affiliatesthe Offered Certificates to the public. This prospectus supplement In connection with the purchase and sale of the Offered Certificates, the Underwriter may be used deemed to have received compensation from the Depositor in the form of underwriting discounts. The Depositor has been advised by the Underwriter that it proposes initially to offer and sell the certificates only if accompanied by Offered Certificates of each class to the prospectus. Only the sixteen classes of certificates identified below are being offered by this prospectus supplement public in Europe and the accompanying prospectusUnited States. The Until the distribution of the Offered Certificates · Represent ownership interests is completed, rules of the SEC may limit the ability of the Underwriter and certain selling group members to bid for and purchase the Offered Certificates. As an exception to these rules, the Underwriter is permitted to engage in a trust consisting certain transactions that stabilize the price of a pool the Offered Certificates. Such transactions consist of first and second lienbids or purchases for the purpose of pegging, fixed-rate and adjustable-rate residential mortgage loansfixing or maintaining the price of the Offered Certificates. The mortgage loans Certain legal matters with respect to the Offered Certificates will be segregated into two groupspassed upon for the Depositor and the Underwriter by Xxxxxxx Xxxxxxxx & Wood llp, one consisting of mortgage loans with principal balances at origination that conform to Xxxxxx Xxx and Xxxxxxx Mac loan limits and one consisting of mortgage loans with principal balances at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits. · The offered certificates will accrue interest at a rate equal to one-month LIBOR plus the related fixed marginNew York, subject to certain limitations described in this prospectus supplement. · Will be entitled to monthly distributions beginning in March 2007. Credit Enhancement · Subordination as described in this prospectus supplement under “Description of the Certificates— SubordinationNew York.” · Overcollateralization as described in this prospectus supplement under “Description of the Certificates—Overcollateralization Provisions.” · Excess Interest as described in this prospectus supplement under “Description of the Certificates—Overcollateralization Provisions.” In addition, the offered certificates will have the benefit of an Interest Rate Swap Agreement, certain payments made pursuant to an Interest Rate Cap Agreement and a Basis Risk Cap Agreement. Class I-A-1 $227,948,000 Variable Class M-4 $9,766,000 Variable Class II-A-1 $145,600,000 Variable Class M-5 $9,136,000 Variable Class II-A-2 $25,560,000 Variable Class M-6 $8,506,000 Variable Class II-A-3 $77,370,000 Variable Class M-7 $8,191,000 Variable Class II-A-4 $29,764,000 Variable Class M-8A $4,300,000 Variable Class M-1 $20,476,000 Variable Class M-8B $2,000,000 Variable Class M-2 $18,586,000 Variable Class M-9 $5,985,000 Variable Class M-3 $10,711,000 Variable Class M-10 $6,300,000 Variable