Common use of Standard Default Assumption Clause in Contracts

Standard Default Assumption. The Standard Default Assumption experience of the Mortgage Loans. The Analytics Report shall be presented in substantially the same format attached hereto as Exhibit R-5. The Credit Risk Manager shall make such reports and any additional information reasonably requested by the Depositor available each month to Certificateholders, the Trustee, the Securities Administrator, any NIMS Insurer and the Rating Agencies via the Credit Risk Manager’s internet website. The Credit Risk Manager’s internet website shall initially be located at xxxxx://xxxxxxx.xxxxxxx.com. The user name for access to the website shall be the Certificateholder’s e-mail address and the password shall be “SASCO 2007-WF1.” The Trustee shall not have any obligation to review such reports or otherwise monitor or supervise the activities of the Credit Risk Manager.

Standard Default Assumption. The Standard Default Assumption experience of the Mortgage Loans. The Analytics Report shall be presented in substantially the same format attached hereto as Exhibit R-5S-5. The Credit Risk Manager shall make such reports and any additional information reasonably requested by the Depositor available each month to Certificateholders, the Trustee, the Securities Administrator, any NIMS Insurer and the Rating Agencies via the Credit Risk Manager’s internet website. The Credit Risk Manager’s internet website shall initially be located at xxxxx://xxxxxxx.xxxxxxx.comhxxxx://xxxxxxx.xxxxxxx.xxx. The user name for access to the website shall be the Certificateholder’s e-mail address and the password shall be “SASCO 2007HarborView 2006-WF1SB1.” The Trustee shall not have any obligation to review such reports or otherwise monitor or supervise the activities of the Credit Risk Manager.

Standard Default Assumption. The Standard Default Assumption experience of the Mortgage Loans. The Analytics Report shall be presented in substantially the same format attached hereto as Exhibit R-5. The Credit Risk Manager shall make such reports and any additional information reasonably requested by the Depositor available each month to Certificateholders, the Trustee, the Securities Administrator, any NIMS Insurer and the Rating Agencies via the Credit Risk Manager’s internet website. The Credit Risk Manager’s internet website shall initially be located at xxxxx://xxxxxxx.xxxxxxx.com. The user name for access to the website shall be the Certificateholder’s e-mail address and the password shall be “SASCO 2007-WF1WF2.” The Neither the Trustee nor the Securities Administrator shall not have any obligation to review such reports or otherwise monitor or supervise the activities of the Credit Risk Manager.

Standard Default Assumption. The Standard Default Assumption experience of the Mortgage Loans. The Analytics Report shall be presented in substantially the same format attached hereto as Exhibit R-5. The Credit Risk Manager shall make such reports and any additional information reasonably requested by the Depositor available each month to Certificateholders, the Trustee, the Securities Administrator, any NIMS Insurer and the Rating Agencies via the Credit Risk Manager’s internet website. The Credit Risk Manager’s internet website shall initially be located at xxxxx://xxxxxxx.xxxxxxx.comhxxxx://xxxxxxx.xxxxxxx.xxx. The user name for access to the website shall be the Certificateholder’s e-mail address and the password shall be “SASCO 2007-WF1EQ1.” The Trustee shall not have any obligation to review such reports or otherwise monitor or supervise the activities of the Credit Risk Manager.

Standard Default Assumption. The Standard Default Assumption experience of the Mortgage Loans. The Analytics Report shall be presented in substantially the same format attached hereto as Exhibit R-5U-4. The Credit Risk Manager shall make such reports and any additional information reasonably requested by the Depositor available each month to Certificateholders, the Trustee, the Securities Administrator, any NIMS Insurer and the Rating Agencies via the Credit Risk Manager’s internet website. The Credit Risk Manager’s internet website shall initially be located at xxxxx://xxxxxxx.xxxxxxx.comhxxxx://xxxxxxx.xxxxxxx.xxx. The user name for access to the website shall be the Certificateholder’s e-mail address and the password shall be “SASCO 2007Harborview 2006-WF114.” The Trustee shall not have any obligation to review such reports or otherwise monitor or supervise the activities of the Credit Risk Manager.

Standard Default Assumption. The Standard Default Assumption experience of the Mortgage Loans. The Analytics Report shall be presented in substantially the same format attached hereto as Exhibit R-5. The Credit Risk Manager shall make such reports and any additional information reasonably requested by the Depositor available each month to Certificateholders, the Trustee, the Securities Administrator, any NIMS Insurer and the Rating Agencies via the Credit Risk Manager’s internet website. The Credit Risk Manager’s internet website shall initially be located at xxxxx://xxxxxxx.xxxxxxx.com. The user name for access to the website shall be the Certificateholder’s e-mail address and the password shall be “SASCO 2007-WF120601.” The Neither the Trustee nor the Securities Administrator shall not have any obligation to review such reports or otherwise monitor or supervise the activities of the Credit Risk Manager.

Standard Default Assumption. The Standard Default Assumption experience of the Mortgage Loans. The Analytics Report shall be presented in substantially the same format attached hereto as Exhibit R-5. The Credit Risk Manager shall make such reports and any additional information reasonably requested by the Depositor available each month to Certificateholders, the Trustee, the Securities Administrator, any NIMS Insurer and the Rating Agencies via the Credit Risk Manager’s internet website. The Credit Risk Manager’s internet website shall initially be located at xxxxx://xxxxxxx.xxxxxxx.comhxxxx://xxxxxxx.xxxxxxx.xxx. The user name for access to the website shall be the Certificateholder’s e-mail address and the password shall be “SASCO 20072006-WF1BC2.” The Neither the Trustee nor the Securities Administrator shall not have any obligation to review such reports or otherwise monitor or supervise the activities of the Credit Risk Manager.