SERVICER COMPLIANCE CERTIFICATION
This Servicer Compliance Certification is issued pursuant to the Tax
Outsourcing Agreement dated as of September 27, 2004 (together with all
amendments thereto, the "Agreement"), between HSBC Mortgage Corporation
(USA) ("Bank") and First American Real Estate Solutions of Texas, L.P.
("First American").
I, Xxxx X. Xxxxxxxx, an authorized officer of the First American, certify
to Bank and with the knowledge and intent that it will rely upon this
certification, that:
1. The servicing information required to be provided to Bank by First
American under the Agreement has been so provided;
2. I am responsible for reviewing the activities performed by First American
under the Agreement and based upon my knowledge and, except as disclosed in
the annual compliance assessment required to be delivered to Bank (which has
been so delivered to Bank) and as set forth below, in all material respects
throughout the relevant reporting period First American has fulfilled its
obligations under the Agreement; and
3. The following describes the nature of and status of a material failure,
which has been rectified. During 2006, more than ninety-three (93%) percent
of all bank reconciliations were timely completed within thirty (30) days
of receipt. The remaining reconciliations were all completed within thirty
to sixty (30-60) days of receipt. Management has implemented enhanced
controls ensuring that all bank reconciliations are completed within the
thirty (30) day time period. By year end 2006, these enhanced controls
resulted in continual one hundred (100%) percent compliance.
FIRST AMERICAN REAL ESTATE SOLUTIONS OF TEXAS, L.P.
By: First American Real Estate Solutions LLC
General Partner
/s/ Xxxx X. Xxxxxxxx
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Xxxx X. Xxxxxxxx
Senior Vice President
February 28, 2007
