Common use of Underwriting Criteria Clause in Contracts

Underwriting Criteria. The percentage (by Scheduled --------------------- Principal Balance) of the Group II Loans as of the Post-Funding Payment Date which are identified by the Originator under its standard underwriting criteria as "B," "C," and "D" credits is not more than 300 basis points, 200 basis points, and 100 basis 3-7 points, respectively, more than the percentage of Initial Group II Loans identified as "B," "C," and "D" credits.

Underwriting Criteria. The percentage (by Scheduled --------------------- Principal Balance) of the Group II Loans as of the Post-Funding Payment Date which are identified by the Originator under its standard underwriting criteria as "B," "C," and "D" credits is will not be more than 300 basis points, 200 basis points, and 100 basis 3-7 points, and 0 basis points, respectively, more than the percentage of Initial Group II Loans identified as "B," "C," and "D" credits.

Underwriting Criteria. The percentage (by Scheduled --------------------- Principal Balance) of the Group II I Loans as of the Post-Funding Payment Date which are identified by the Originator under its standard underwriting criteria as "B," "C," and "D" credits is will not be more than 300 100 basis points, 200 100 basis points, and 100 0 basis 3-7 points, respectively, more than the percentage of Initial Group II I Loans identified as "B," "C," and "D" credits.

Underwriting Criteria. The percentage (by Scheduled --------------------- Principal Balance) of the Group II I Loans as of the Post-Funding Payment Date which are identified by the Originator under its standard underwriting criteria as "B," "C," and "D" credits is not more than 300 basis points, 200 basis points, and 100 basis 3-7 points, respectively, more than the percentage of Initial Group II I Loans identified as "B," "C," and "D" credits.