ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

EXHIBIT 10.8

This is an Assignment, Assumption and Recognition Agreement (the “Agreement”) made as of the 27th day of September, 2011, among Redwood Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware corporation (“Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” and as referred to herein, the “Assignee”) under a Pooling and Servicing Agreement dated as of September 1, 2011 (the “Pooling and Servicing Agreement”), and PHH Mortgage Corporation, a New Jersey corporation (“PHH”).

In consideration of the mutual promises contained herein, the parties hereto agree that the mortgage loans (the “Attachment 1A Mortgage Loans”) listed on Attachment 1A annexed hereto (the “Attachment 1A Mortgage Loan Schedule”) now serviced by PHH (together with its successors and assigns, the “Servicer”) for Assignor and its successors and assigns pursuant to the Mortgage Loan Flow Purchase, Sale and Servicing Agreement dated as of July 21, 2010, between Assignor and PHH (the “Purchase and Servicing Agreement”) and the servicing thereof shall be subject to the terms of the Purchase and Servicing Agreement as modified or supplemented by this Agreement. In consideration of the mutual promises contained herein, the parties hereto further agree that the servicing of the mortgage loans (the “Attachment 1B Mortgage Loans” and, together with the Attachment 1A Mortgage Loans, the “Mortgage Loans”) listed on Attachment 1B annexed hereto (the “Attachment 1B Mortgage Loan Schedule” and, together with the Attachment 1A Mortgage Loan Schedule, the “Mortgage Loan Schedule”) delivered under the Mortgage Loan Flow Purchase, Sale and Servicing Agreement dated as of July 6, 2010, between DLJ Mortgage Capital, Inc. and PHH, as modified by the Assignment, Assumption and Recognition Agreement, dated as of May 18, 2011 and the Assignment, Assumption and Recognition Agreement, dated as of September 27, 2011 (each, a “DLJ AAR”), each among DLJ Mortgage Capital, Inc., Redwood Residential Acquisition Corporation and PHH (collectively, the “Purchase Agreement”) shall be subject to the terms of the Purchase and Servicing Agreement as modified or supplemented by this Agreement. Unless otherwise specified herein, capitalized terms used herein but not defined shall have the meanings ascribed to them in the Purchase and Servicing Agreement. Assignor will sell the Mortgage Loans to Depositor pursuant to a Mortgage Loan Purchase and Sale Agreement dated the date hereof, and Depositor will sell the Mortgage Loans to Assignee pursuant to the Pooling and Servicing Agreement.

Assignment and Assumption

1. Assignor hereby grants, transfers and assigns to Depositor all of its right, title and interest in, to and under the Purchase and Servicing Agreement to the extent relating to the Mortgage Loans, together with its obligations as “Purchaser” (as such term is defined in the Purchase and Servicing Agreement) to the extent relating to the Mortgage Loans, and Depositor hereby accepts such assignment from Assignor and assumes such obligations.

2. Assignor hereby grants, transfers and assigns to Depositor all of its right, title and interest in, to and under the Purchase Agreement to the extent relating to the Attachment 1B Mortgage Loans, together with its obligations as “Purchaser” (as such term is defined in the Purchase Agreement) to the extent relating to the Attachment 1B Mortgage Loans, and Depositor hereby accepts such assignment from Assignor and assumes such obligations.

3. Depositor hereby grants, transfers and assigns to Assignee all of its right, title and interest in, to and under the Purchase and Servicing Agreement to the extent relating to the Mortgage Loans, together with its obligations as “Purchaser” (as such term is defined in the Purchase and Servicing Agreement) to the extent relating to the Mortgage Loans, and Assignee hereby accepts such assignment from Depositor and assumes such obligations.

4. Depositor hereby grants, transfers and assigns to Assignee all of its right, title and interest in, to and under the Purchase Agreement to the extent relating to the Attachment 1B Mortgage Loans, together with its obligations as “Purchaser” (as such term is defined in the Purchase Agreement) to the extent relating to the Attachment 1B Mortgage Loans, and Assignee hereby accepts such assignment from Depositor and assumes such obligations.

5. Assignee agrees to be bound, as “Purchaser” (as such term is defined in the Purchase and Servicing Agreement), by all of the terms, covenants and conditions of the Purchase and Servicing Agreement relating to the Mortgage Loans, and from and after the date hereof, Assignee assumes for the benefit of each of Assignor, Depositor and PHH all of Assignor's obligations as Purchaser thereunder in respect of the Mortgage Loans.

6. Assignee agrees to be bound, as “Purchaser” (as such term is defined in the Purchase Agreement), by all of the terms, covenants and conditions of the Purchase Agreement relating to the Attachment 1B Mortgage Loans, and from and after the date hereof, Assignee assumes for the benefit of each of Assignor, Depositor and PHH all of Assignor's obligations as Purchaser thereunder in respect of the Attachment 1B Mortgage Loans.

7. PHH hereby acknowledges the foregoing assignments and assumptions and agrees that Assignee shall be the “Purchaser” under both the Purchase and Servicing Agreement with respect to the Mortgage Loans and the Purchase Agreement with respect to the Attachment 1B Mortgage Loans.

Representations and Warranties

8. Assignor warrants and represents to, and covenants with, Depositor, Assignee and PHH as of the date hereof that:

(a) Attached hereto as Attachment 2A is a true and accurate copy of the Purchase and Servicing Agreement, which agreement is in full force and effect as of the date hereof and the provisions of which have not been waived, amended or modified in any respect, nor has any notice of termination been given thereunder;

(b) Assignor is the lawful owner of its interests, rights and obligations under the Purchase and Servicing Agreement to the extent of the Mortgage Loans and the Purchase Agreement to the extent of the Attachment 1B Mortgage Loans, in each case free and clear from any and all claims and encumbrances whatsoever, and upon the transfer of such interests, rights and obligations to Assignee as contemplated herein, Assignee shall have good title to all of Assignee's interests, rights and obligations under the Purchase and Servicing Agreement to the extent of the Mortgage Loans and the Purchase Agreement to the extent of the Attachment 1B Mortgage Loans, in each case free and clear of all liens, claims and encumbrances;

(c) There are no offsets, counterclaims or other defenses available to PHH with respect to the Mortgage Loans under the Purchase and Servicing Agreement or the Purchase Agreement;

(d) Assignor is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and has all requisite power and authority to enter into and perform its obligations under each of the Purchase and Servicing Agreement and the Purchase Agreement;

(e) Assignor has full corporate power and authority to execute, deliver and perform its obligations under this Agreement, and to consummate the transactions set forth herein. The consummation of the transactions contemplated by this Agreement is in the ordinary course of Assignor’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of Assignor’s charter or by-laws or any legal restriction, or any material agreement or instrument to which Assignor is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which Assignor or its property is subject. The execution, delivery and performance by Assignor of this Agreement and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action on the part of Assignor. This Agreement has been duly executed and delivered by Assignor and, upon the due authorization, execution and delivery by the other parties hereto, will constitute the valid and legally binding obligation of Assignor enforceable against Assignor in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law; and

(f) No consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by Assignor in connection with the execution, delivery or performance by Assignor of this Agreement, or the consummation by it of the transactions contemplated hereby.

9. Depositor warrants and represents to, and covenants with, Assignor, Assignee and PHH that as of the date hereof:

(a) Depositor is a Delaware corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation;

(b) Depositor has full corporate power and authority to execute, deliver and perform its obligations under this Agreement, and to consummate the transactions set forth herein. The consummation of the transactions contemplated by this Agreement is in the ordinary course of Depositor’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of Depositor’s charter or by-laws or any legal restriction, or any material agreement or instrument to which Depositor is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which Depositor or its property is subject. The execution, delivery and performance by Depositor of this Agreement and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action on part of Depositor. This Agreement has been duly executed and delivered by Depositor and, upon the due authorization, execution and delivery by the other parties hereto, will constitute the valid and legally binding obligation of Depositor enforceable against Depositor in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law; and

(c) No consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by Depositor in connection with the execution, delivery or performance by Depositor of this Agreement, or the consummation by it of the transactions contemplated hereby other than any that have been obtained or made.

10. Assignee warrants and represents to, and covenants with, Assignor, Depositor and PHH that as of the date hereof:

(a) Assignee is a national banking association duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization; and

(b) Assignee has been directed to enter into this Agreement pursuant to the provisions of the Pooling and Servicing Agreement. The execution, delivery and performance by Assignee of this Agreement and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary action on part of Assignee. This Agreement has been duly executed and delivered by Assignee and, upon the due authorization, execution and delivery by Assignor, will constitute the valid and legally binding obligation of Assignee enforceable against Assignee in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law.

11. PHH warrants and represents to, and covenants with, Assignor, Depositor and Assignee as of the date hereof that:

(a) Attached hereto as Attachment 2A is a true and accurate copy of the Purchase and Servicing Agreement and as Attachment 2B is a true and accurate copy of the Purchase Agreement, each of which agreement is in full force and effect as of the date hereof and, except to the extent modified by this Agreement, the provisions of which have not been waived, amended or modified in any respect, nor has any notice of termination been given thereunder;

(b) PHH is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and has all requisite power and authority to service the Mortgage Loans pursuant to the Purchase and Servicing Agreement and otherwise to perform its obligations under each of the Purchase and Servicing Agreement and the Purchase Agreement;

(c) PHH has full corporate power and authority to execute, deliver and perform its obligations under this Agreement, and to consummate the transactions set forth herein. The consummation of the transactions contemplated by this Agreement is in the ordinary course of PHH’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of PHH’s charter or by-laws or any legal restriction, or any material agreement or instrument to which PHH is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which PHH or its property is subject. The execution, delivery and performance by PHH of this Agreement and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action on part of PHH. This Agreement has been duly executed and delivered by PHH and, upon the due authorization, execution and delivery by Assignor and Assignee, will constitute the valid and legally binding obligation of PHH enforceable against PHH in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law; and

(d) No consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by PHH in connection with the execution, delivery or performance by PHH of this Agreement, or the consummation by it of the transactions contemplated hereby.

Restated PHH Representations and Warranties

12. (i) Pursuant to Section 3.07 of the Purchase Agreement, PHH hereby restates to Depositor and Assignee (a) the representations and warranties set forth in Sections 3.01 and 3.02 of the Purchase Agreement as of the date hereof and (b) the representations and warranties set forth in Section 3.03 of the Purchase Agreement with respect to each Attachment 1B Mortgage Loan as of the respective Funding Date (as such term is defined in the Purchase Agreement) as if such representations and warranties were set forth herein in full. In the event of a breach of any representations and warranties set forth in Sections 3.01, 3.02 or 3.03 of the Purchase Agreement as of the Funding Date (as such term is defined in the Purchase Agreement) or the date hereof, as the case may be, Depositor and Assignee shall be entitled only to the remedies set forth in Section 3.04 of the Purchase and Servicing Agreement and Section 9.01 of the Purchase and Servicing Agreement.

(ii) Pursuant to Section 3.07 of the Purchase and Servicing Agreement, PHH hereby restates to Depositor and Assignee (a) the representations and warranties set forth in Sections 3.01 and 3.02 of the Purchase and Servicing Agreement as of the date hereof and (b) the representations and warranties set forth in Section 3.03 of the Purchase and Servicing Agreement with respect to each Attachment 1A Mortgage Loan as of the respective Funding Date, as if such representations and warranties were set forth herein in full. In the event of a breach of any representations and warranties set forth in Sections 3.01, 3.02 or 3.03 of the Purchase and Servicing Agreement as of the Funding Date or the date hereof, as the case may be, Depositor and Assignee shall be entitled to all of the remedies set forth in the Purchase and Servicing Agreement.

Repurchase Upon Breach of Representations and Warranties

13. (a) Assignor hereby covenants and agrees that, (i) if a breach of any representation and warranty set forth in Section 3.03 of the Purchase and Servicing Agreement exists on the date hereof that materially and adversely affects the value of any Attachment 1A Mortgage Loan or the interest of Assignee in any Attachment 1A Mortgage Loan and such breach did not exist as of the Funding Date of that Mortgage Loan or (ii) if a breach of any representation and warranty set forth in Section 3.03 of the Purchase Agreement exists on the date hereof that materially and adversely affects the value of any Attachment 1B Mortgage Loan or the interest of Assignee in any Attachment 1B Mortgage Loan and such breach did not exist as of the Funding Date (as defined in the Purchase Agreement) of that Mortgage Loan, Assignor shall have a period of 60 days from the earlier of either discovery or receipt of written notice from Assignee to Assignor of such breach within which to correct or cure such breach. A breach of representations and warranties in the first sentence of Section 3.03(21) and Sections 3.03(41) and (52) of the Purchase and Servicing Agreement shall be deemed to materially and adversely affect the value of the related Attachment 1A Mortgage Loan and the interest of the Assignee therein and a breach of the representations and warranties in the first sentence of Section 3.03(22) and Sections 3.03(42) and (53) of the Purchase Agreement shall be deemed to materially and adversely affect the value of the related Attachment 1B Mortgage Loan and the interest of the Assignee therein. Assignor hereby covenants and agrees that if any breach cannot be corrected or cured within such 60 day period, then Assignor shall repurchase the related Mortgage Loan at the Repurchase Price not later than 90 days after its discovery or receipt of notice of such breach by wire transfer of immediately available funds to such account as Assignee shall specify to Assignor.

(b) Assignor and Assignee agree that the resolution of any controversy or claim arising out of or relating to an obligation or alleged obligation of Assignor to repurchase a Mortgage Loan or Mortgage Loans pursuant to Section 13(a) above shall be by Arbitration administered by the American Arbitration Association. If any such controversy or claim has not been resolved to the satisfaction of both Assignor and Assignee, either party may commence Arbitration to resolve the dispute; provided that a party may commence Arbitration with respect to one or more unresolved allegations only during the months of January, April, July and October, and all matters with respect to which Arbitration has been commenced in any such month shall be heard in a single Arbitration in the immediately following month or as soon as practicable thereafter; and provided further that if any Arbitration arising out of or relating to an obligation or alleged obligation of DLJ Mortgage Capital, Inc. to repurchase an Attachment 1B Mortgage Loan or Attachment 1B Mortgage Loans pursuant to Section 8 of either DLJ AAR relating to the same representation and warranty has commenced and is continuing, then such Arbitration shall be joined with the Arbitration commenced hereunder.

(c) To commence Arbitration, the moving party shall deliver written notice to the other party that it has elected to pursue Arbitration in accordance with this Section 13, provided that if Assignor has not responded to Assignee's notification of a breach of a representation and warranty, Assignee shall not commence Arbitration with respect to that breach before 60 days following such notification in order to provide Assignor with an opportunity to respond to such notification. Within 10 Business Days after a party has provided notice that it has elected to pursue Arbitration, each party may submit the names of one or more proposed Arbitrators to the other party in writing. If the parties have not agreed on the selection of an Arbitrator within five Business Days after the first such submission, then the party commencing Arbitration shall, within the next 5 Business Days, notify the American Arbitration Association in New York, New York and request that it appoint a single Arbitrator with experience in arbitrating disputes arising in the financial services industry.

(d) It is the intention of the parties that Arbitration shall be conducted in as efficient and cost-effective a manner as is reasonably practicable, without the burden of discovery. Accordingly, the Arbitrator will resolve the dispute on the basis of a review of the written correspondence between the parties (including any supporting materials attached to such correspondence) conveyed by the parties to each other in connection with the dispute prior to the delivery of notice to commence Arbitration; however, upon a showing of good cause, a party may request the Arbitrator to direct the production of such additional information, evidence and/or documentation from the parties that the Arbitrator deems appropriate. If requested by the Arbitrator or any party, any hearing with respect to an Arbitration shall be conducted by video conference or teleconference except upon the agreement of both parties or the request of the Arbitrator.

(e) The finding of the Arbitrator shall be final and binding upon the parties. Judgment upon any arbitration award rendered may be entered and enforced in any court of competent jurisdiction. The costs of the Arbitrator shall be shared equally between both parties. Each party, however, shall bear its own attorneys fees and costs in connection with the Arbitration.

Recognition of Assignee

14. (a) From and after the date hereof, subject to Sections 16 and 17 below, PHH shall recognize Assignee as owner of the Mortgage Loans and will service the Mortgage Loans and perform its obligations hereunder and under the Purchase Agreement and the Purchase and Servicing Agreement for the benefit of the Assignee in accordance with this Agreement, the Purchase Agreement and the Purchase and Servicing Agreement, each as modified hereby and as may be amended from time to time, as if Assignee and PHH had entered into a separate purchase and servicing agreement for the purchase and servicing of the Mortgage Loans.

(b) From and after the date hereof, PHH further agrees that the provisions of the Purchase and Servicing Agreement shall apply to all of the Mortgage Loans as though all of the Mortgage Loans were sold by PHH thereunder; provided, however, that the following provisions of the Purchase Agreement shall apply to the Attachment 1B Mortgage Loans as though set forth in the Purchase and Servicing Agreement:

(i) The first sentence of Section 2.04;

(ii) The second and third sentences of the third paragraph of Section 2.04;

(iii) the representations and warranties made by PHH under Sections 3.01, 3.02 and 3.03;

(iv) Sections 3.05 and 3.06;

(v) Section 6.01(3); and

(vi) Section 11.01(3);

and provided further that the Events of Default set forth in Section 10.01(9) and 10.01(10) of the Purchase and Servicing Agreement shall not be applicable in respect of the Attachment 1B Mortgage Loans.

Notwithstanding any provision in this Agreement or the Purchase Agreement to the contrary, the only provisions of the Purchase Agreement that bind and must be observed by PHH with respect to the Attachment 1B Mortgage Loans are those provisions expressly referenced in this Section 14(b).

(c) It is the intention of Assignor, Depositor, PHH and Assignee that this Agreement shall constitute a separate and distinct servicing agreement, and the entire servicing agreement, between PHH and Assignee to the extent of the Mortgage Loans and shall be binding upon and for the benefit of the respective successors and assigns of the parties hereto.

15. The Mortgage Loans shall be serviced by PHH for Assignee in accordance with all applicable state, federal and local laws as well as in conformity with the provisions of the applicable Mortgages and Mortgage Notes, and pursuant to the terms and conditions of this Agreement.

Continuing Rights and Responsibilities

16. (a) Controlling Holder Rights. PHH agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling Holder, will assume all of Assignee's rights and all related responsibilities of the Assignee under each of the following sections of the Purchase Agreement and the Purchase and Servicing Agreement:

Purchase Agreement:

Section	Matter

3.05	Early Payment Default Repurchases

Purchase and Servicing Agreement:

Section	Matter

2.04	Defective Documents; Delivery of Mortgage Loan Documents
3.04	Repurchase and Substitution
3.05	Early Payment Default Repurchases
5.01 (3)(c), (d) and (h)	Servicing Standards; Additional Documents; Consent of Purchaser
5.03	Notice of Foreclosure Sale

5.14, 1st, 4th and 6th (2nd and 3rd sentences) ¶	Management of REO Properties
5.15, 1st (2nd sentence) ¶	Sale of REO Properties
7.06	Purchaser's Right to Examine Servicer Records; Reports

(b) Notwithstanding Sections 1, 2 and 14 above, Assignor reserves its rights under, and does not assign to Assignee or Depositor, the ongoing rights to take action and the responsibilities of the Purchaser under the sections of the Purchase Agreement and the Purchase and Servicing Agreement listed below:

Purchase Agreement:

Section	Matter
3.06	Purchase Price Protection
7 of each DLJ AAR	Repurchase Upon Breach of Representations and Warranties

Purchase and Servicing Agreement:

Section	Matter
3.06	Purchase Price Protection
Article XIII	Compliance with Regulation AB

(c) In addition, PHH agrees to furnish to Assignor and to Xxxxx Fargo Bank, N.A., as master servicer or securities administrator under the Pooling and Servicing Agreement (the “Master Servicer”), copies of reports, notices, statements and other communications required to be delivered to the Assignee by PHH pursuant to any of the sections of the Purchase and Servicing Agreement referred to above and under the following sections, at the times therein specified:

Purchase and Servicing Agreement:

Section

5.09	Transfer of Accounts

6.02	Reporting

Section 13.04	Servicer Compliance Statement

Section 13.05	Report on Assessment of Compliance and Attestation

(d) If an Affiliate of the Depositor is no longer the Controlling Holder under the Pooling and Servicing Agreement, then all rights and responsibilities assumed by the Controlling Holder pursuant to Section 16(a) shall terminate and revert to Assignee; provided, however, that the rights and responsibilities assumed by the Controlling Holder under Section 5.01(3)(c) of the Purchase and Servicing Agreement shall terminate in their entirety as to the Mortgage Loans.

Assignor will provide thirty (30) days notice to PHH, the Master Servicer and the Trustee of any such termination.

Amendments to Purchase Agreement and Purchase and Servicing Agreement

17. The parties hereto agree that the Purchase Agreement shall be amended, solely with respect to the Attachment 1B Mortgage Loans, as follows:

(a) Definition of “Designated Guidelines.” The definition of “Designated Guidelines” set forth in Section 1.01 of the Purchase Agreement shall be deleted and replaced in its entirety as follows:

Designated Guidelines: As to each Mortgage Loan, the applicable set of underwriting guidelines in effect as of the origination date of such Mortgage Loan, in the form provided by the Seller to the Purchaser, as may be updated and provided to the Purchaser from time to time.

(b) Exhibit 1.01. The Designated Guidelines attached as Exhibit 1.01 are hereby removed from the Purchase Agreement and the reference to Designated Guidelines in the Table of Contents shall be replaced with “[Reserved.]”

18. The parties agree that the Purchase and Servicing Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:

(a) Definitions.

(i) The definitions of “Arbitration,” “Business Day,” “Designated Guidelines,” “Eligible Account,” “Opinion of Counsel,” “Permitted Investment,” “Repurchase Price,” “Servicing Fee” and “Servicing Fee Rate” set forth in Section 1.01 of the Purchase and Servicing Agreement shall be deleted and replaced in their entirety as follows, and the definitions of “Purchase Agreement” and “Stated Principal Balance” as set forth below shall be added to Section 1.01 following the definition of “Proprietary Lease” (capitalized terms not defined in the Purchase and Servicing Agreement but listed on Attachment 3 shall be defined as specified on Attachment 3):

Arbitration: Arbitration in accordance with the then governing Commercial Arbitration Rules of the American Arbitration Association and administered by the American Arbitration Association, which shall be conducted in New York, New York or other place mutually acceptable to the parties to the arbitration.

Business Day: Any day other than (i) a Saturday or a Sunday, (ii) a legal holiday in the State of New York, or the State of New Jersey, or the State of California, or the State of Maryland or the State of Minnesota, or (iii) a day on which banks in the State of New York, or the State of New Jersey, or the State of California, or the State of Maryland or the State of Minnesota are authorized or obligated by law or executive order to be closed.

Eligible Account: Any account or accounts maintained with a federal or state chartered depository institution or trust company the short-term and long-term unsecured debt obligations of which are rated in the highest rating category of the Rating Agency with respect to short-term unsecured debt obligations and in one of the two highest rating categories of Fitch, Inc. (the “Rating Agency”) with respect to long-term unsecured debt obligations at the time any amounts are held on deposit therein. Eligible Accounts may bear interest. If the rating of the short-term or long-term unsecured debt obligations of the depository institution or trust company that maintains the account or accounts is no longer in the highest rating category of the Rating Agency with respect to short-term unsecured debt obligations or in one of the two highest rating categories of the Rating Agency with respect to long-term unsecured debt obligations, the funds on deposit therewith in connection with this transaction shall be transferred to an Eligible Account within 30 days of such downgrade.

Opinion of Counsel: A written opinion of counsel, who may be salaried counsel for the Person on behalf of whom the opinion is being given, reasonably acceptable to each Person to whom such opinion is addressed, and which must be Independent outside counsel with respect to any such opinion of counsel concerning the taxation or the federal income tax status of each REMIC.

Permitted Investments: At any time, any one or more of the following obligations and securities:

(i) direct obligations of, and obligations fully guaranteed by the United States of America or any agency or instrumentality of the United States of America the obligations of which are backed by the full faith and credit of the United States of America;

(ii) (a) demand or time deposits, federal funds or bankers’ acceptances issued by any depository institution or trust company incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal and/or state banking authorities, provided that the commercial paper and/or the short-term deposit rating and/or the long-term unsecured debt obligations or deposits of such depository institution or trust company at the time of such investment or contractual commitment providing for such investment are rated in the highest rating category by the Rating Agency for long-term unsecured debt with a maturity of more than one year or in the highest rating category with respect to short-term obligations and (b) any other demand or time deposit or certificate of deposit that is fully insured by the FDIC;

(iii) repurchase obligations with a term not to exceed thirty (30) days and with respect to any security described in clause (i) above and entered into with a depository institution or trust company (acting as principal) described in clause (ii)(a) above;

(iv) securities bearing interest or sold at a discount issued by any corporation incorporated under the laws of the United States of America or any state thereof that are rated in the highest rating category by the Rating Agency for long-term unsecured debt with a maturity of more than one year or in the highest rating category with respect to short-term obligations, in each case at the time of such investment or contractual commitment providing for such investment; provided, however, that securities issued by any particular corporation will not be Permitted Investments to the extent that investments therein will cause the then outstanding principal amount of securities issued by such corporation and held as Permitted Investments to exceed 10% of the aggregate outstanding principal balances of all of the Mortgage Loans and Permitted Investments;

(v) commercial paper (including both non-interest-bearing discount obligations and interest-bearing obligations payable on demand or on a specified date not more than one year after the date of issuance thereof) that is rated in the highest rating category by the Rating Agency at the time of such investment; and

(vi) any money market funds rated in one of the two highest rating categories by the Rating Agency for long-term unsecured debt with a maturity of more than one year or in the highest rating category with respect to short-term obligations, including any such fund managed or advised by the Trustee or any of its Affiliates;

provided, however, that no instrument or security shall be a Permitted Investment if such instrument or security evidences a right to receive only interest payments with respect to the obligations underlying such instrument or if such security provides for payment of both principal and interest with a yield to maturity in excess of 120% of the yield to maturity at par or if such instrument or security is purchased at a price greater than par.

Purchase Agreement: That certain Mortgage Loan Flow Purchase, Sale and Servicing Agreement dated as of July 6, 2010, between DLJ Mortgage Capital, Inc. as purchaser and PHH Mortgage Corporation as seller and servicer, as modified by the Assignment, Assumption and Recognition Agreement, dated as of May 18, 2011 and the Assignment, Assumption and Recognition Agreement, dated as of September 27, 2011, each among DLJ Mortgage Capital, Inc., Redwood Residential Acquisition Corporation and PHH Mortgage Corporation.

Repurchase Price: With respect to any Mortgage Loan, a price equal to (i) the Unpaid Principal Balance of such Mortgage Loan plus (ii) interest on such Unpaid Principal Balance at the Note Rate from and including the last Due Date through which interest has been paid by or on behalf of the Mortgagor up to the Due Date following the date of repurchase, minus (iii) amounts received in respect of such repurchased Mortgage Loan which are being held in the Collection Account for distribution in connection with such Mortgage Loan and, if the Servicer is also the Seller, minus (iv) any unreimbursed Monthly Advances (including Non-recoverable Advances) and any unpaid Servicing Fees made by or owing to the Servicer and allocable to such repurchased Mortgage Loan, which amounts shall be deposited in the Collection Account for withdrawal by the Servicer in accordance with Section 5.05; provided, however, that Servicer shall only be entitled to reimburse itself for Monthly Advances pursuant to Section 5.05(3) and any unpaid Servicing Fees pursuant to Section 5.05(4) from Repurchase Price proceeds to the extent that such Monthly Advances and unpaid Servicing Fees have not been subtracted in accordance with this definition; and provided, further, that, notwithstanding the provisions of Section 5.05 to the contrary, if Servicer as Seller or Servicer is required to repurchase a Mortgage Loan pursuant to Section 3.04, Servicer’s right to reimburse itself pursuant to Section 5.05(4) shall be subsequent to the payment to Purchaser of the Repurchase Price pursuant to Section 3.04, and all other amounts required to be paid to the Purchaser with respect to the Mortgage Loan.

Servicing Fee: With respect to each Mortgage Loan and any calendar month (or portion thereof) an amount equal to 1/12 of the product of (i) the Stated Principal Balance of such Mortgage Loan and (ii) the Servicing Fee Rate applicable to such Mortgage Loan.

Servicing Fee Rate: A per annum rate equal to 0.25%.

Stated Principal Balance: As to any Mortgage Loan and date of determination, the unpaid principal balance of such Mortgage Loan as of the most recent Due Date as determined by the amortization schedule for the Mortgage Loan at the time relating thereto (before any adjustment to such amortization schedule by reason of any moratorium or similar waiver or grace period) after giving effect to any previous Servicing Modification, Principal Prepayments and related Liquidation Proceeds allocable to principal and to the payment of principal due on such Due Date (but not unscheduled Principal Prepayments received on such Due Date) and irrespective of any delinquency in payment by the related Mortgagor.

(b) Servicing Standard. In servicing the Mortgage Loans in accordance with the Purchase and Servicing Agreement and Customary Servicing Procedures, the Servicer shall service the Mortgage Loans with a view to the best interests of all holders of the Sequoia Mortgage Trust 2011-2 Mortgage Pass-Through Certificates as a single class.

If the Controlling Holder notifies the Servicer that it intends to purchase a Mortgage Loan that has been Delinquent for 120 days or more pursuant to the Pooling and Servicing Agreement, the Servicer will assess the proposed purchase in the same manner as it would assess whether to do a short sale. If the proposed purchase price equals or exceeds the price at which a short sale would otherwise be effected, the Servicer shall permit such purchase.

(i) The following paragraph shall be added to Section 5.02:

Mortgage Loan payments received by the Servicer will be deposited within one Business Day of receipt into a clearing account that is an Eligible Account. The Mortgage Loan payments may be commingled with payments of other mortgagors and investors for up to two Business Days prior to the Servicer depositing the Mortgage Loan payments in the 2011-2 Collection Account. Such clearing account shall not be used for operational or corporate purposes of the Servicer.

(ii) The Servicer shall establish a Collection Account pursuant to Section 5.04 of the Purchase and Servicing Agreement which shall be titled “PHH Mortgage Corporation, as trustee and/or bailee for U.S. Bank National Association, as trustee of the Sequoia Mortgage Trust 2011-2” (the “2011-2 Collection Account”), which shall be the Collection Account under this Agreement for all purposes. If the 2011-2 Collection Account is no longer an Eligible Account, the Servicer shall transfer the 2011-2 Collection Account to an account that is an Eligible Account.

(d) Section 3.04 Repurchase and Substitution.

(i) The second paragraph of Section 3.04 shall be amended and replaced, to read in its entirety as follows:

Upon discovery by the Seller, the Servicer or the Purchaser of a breach of any of the representations and warranties contained in Sections 3.01, 3.02 or 3.03 that materially and adversely affects the value of the Mortgage Loans or the interest of the Purchaser in the Mortgage Loans (or that materially and adversely affects the value of the related Mortgage Loan or the interests of the Purchaser in the related Mortgage Loan, in the case of a representation or warranty relating to a particular Mortgage Loan), the party discovering such breach shall give prompt written notice to the other. A breach of representations and warranties in the first sentence of Section 3.03(21) and Sections 3.03(41) and (52) hereof, and in the first sentence of Section 3.03(22) and Sections 3.03(42) and (53) of the Purchase Agreement, shall be deemed to materially and adversely affect the value of the related Mortgage Loan and the interest of the Purchaser therein. With respect to the representations and warranties contained in Section 3.03 that are made to the Seller’s knowledge, if it is discovered by either the Seller or the Purchaser that the substance of such representation and warranty is inaccurate and such inaccuracy materially and adversely affects the value of the related Mortgage Loan or the interests of the Purchaser therein, the Purchaser shall be entitled to all the remedies to which it would be entitled for a breach of such representation or warranty, including, without limitation, the repurchase requirements contained herein, notwithstanding Seller’s lack of knowledge with respect to the inaccuracy at the time the representation or warranty was made.

(ii) Clause (ii) of the second sentence of the third paragraph of Section 3.04 shall be amended and replaced, to read in its entirety as follows:

(ii) except for a breach of the representation and warranty in Section 3.03(52) hereof, and in Section 3.03(53) of the Purchase Agreement, make an indemnification payment to Purchaser in an amount equal to the reduction in value of such Mortgage Loan as a result of such breach.

(iii) The last sentence of the third paragraph of Section 3.04 shall be amended and replaced, to read in its entirety as follows:

If the breach of representation and warranty that gave rise to the obligation to repurchase or substitute a Mortgage Loan pursuant to this Section 3.04 was the representation and warranty set forth in clause (9) or (41) of Section 3.03 hereof or clause (9) or (42) of Section 3.03 of the Purchase Agreement, then the Seller shall pay to the Purchaser, concurrently with and in addition to the remedies provided in this Section 3.04, an amount equal to any liability, penalty or expense that was actually incurred and paid out of or on behalf of the Purchaser, and that directly resulted from such breach, or if incurred and paid by or on behalf of the Purchaser thereafter, concurrently with such payment.

(e) Section 5.01 Servicing Standards; Additional Documents; Consent of Purchaser. The first sentence of Section 5.01(3)(h) shall be amended and replaced, to read in its entirety as follows:

(h) notwithstanding anything to the contrary contained herein, in connection with a foreclosure or acceptance of a deed in lieu of foreclosure, in the event the Servicer has reasonable cause to believe that a Mortgaged Property is contaminated by hazardous or toxic substances or wastes, or if the Purchaser otherwise requests an Environmental Assessment or review of such Mortgaged Property, such Environmental Assessment or review shall be conducted at the Purchaser’s expense or shall be reimbursable as a Servicing Advance;

(f) Section 5.08 Payment of Taxes, Insurance and Other Charges; Maintenance of Primary Insurance Policies; Collections Thereunder.

(i) The first sentence of the second paragraph of Section 5.08 shall be amended and replaced, to read in its entirety as follows:

With respect to each Mortgage Loan with a Loan-to-Value Ratio in excess of 80%, the Servicer shall promptly, without any cost to the Purchaser, maintain in full force and effect a Primary Insurance Policy, conforming in all respects to the description set forth in Section 3.03(30) hereof or Section 3.03(31) of the Purchase Agreement, as applicable, issued by an insurer described in that Section, with respect to each Mortgage Loan for which such coverage is required.

(ii) The fourth sentence of the second paragraph of Section 5.08 shall be amended and replaced, to read in its entirety as follows:

The Servicer shall not cancel or refuse to renew any Primary Insurance Policy in effect on the Funding Date that is required to be kept in force under this Agreement unless a replacement Primary Insurance Policy for such canceled or nonrenewed policy is obtained from and maintained with an insurer that satisfies the standards set forth in Section 3.03(30) hereof or Section 3.03(31) of the Purchase Agreement, as applicable.

(g) Section 5.13 Realization Upon Specially Serviced Mortgage Loans and REO Properties. The second sentence of the first paragraph of Section 5.13 shall be amended and replaced, to read in its entirety as follows:

In the event that any payment due under any Mortgage Loan remains delinquent for a period of 45 days, the Servicer shall order an inspection of the related Mortgaged Property and, except with respect to any Mortgage Loan for which the Servicer is in the process of modifying or has modified the terms of such Mortgage Loan, if the Mortgage Loan remains delinquent for a period of 90 days or more, the Servicer shall commence foreclosure proceedings in accordance with Customary Servicing Procedures and the guidelines set forth by Xxxxxx Xxx, Xxxxxxx Mac, or FHFA, and FHA or VA, as applicable.

(h) Section 8.02 Purchaser Financial Statements. Section 8.02 shall be amended and replaced, to read in its entirety as follows:

Section 8.02 [Reserved].

(i) Section 11.01 Term and Termination. Clause (2) of Section 11.01 shall be amended and replaced, to read in its entirety as follows:

(2) In any case other than as provided under clause (1) hereof, the obligations and responsibilities of the Servicer hereunder shall terminate upon: the later of (a)(I) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and (II) the disposition of all REO Property and the remittance of all funds due hereunder and (b) the exercise of a party of its Clean-up Call (as such term is defined in the Pooling and Servicing Agreement).

(j) REMIC Provisions.

(i) The following definition of “REMIC Provisions” is hereby added to Section 1.01 of the Purchase and Servicing Agreement (capitalized terms not defined in the Purchase and Servicing Agreement to be as defined in the Pooling and Servicing Agreement):

REMIC Provisions: Sections 860A through 860G of the Internal Revenue Code; such other provisions of the Code as relate to an entity created thereunder; the regulations promulgated pursuant such sections and provisions of the Code; and published guidance issued by the Internal Revenue Service relating to such Code sections and regulations.

(ii) The following additional provisions shall be added after Section 7.07, to read in its entirety as follows:

Section 7.08 Compliance with REMIC Provisions

If a REMIC election has been made with respect to the arrangement under which the Mortgage Loans and REO Property are held, the Servicer shall not take any action, cause the REMIC to take any action or fail to take (or fail to cause to be taken) any action that, under the REMIC Provisions, if taken or not taken, as the case may be, could (i) endanger the status of the REMIC as a REMIC or (ii) result in the imposition of a tax upon the REMIC (including but not limited to the tax on “prohibited transactions” as defined in Section 860F(a)(2) of the Code and the tax on “contributions” to a REMIC set forth in Section 860G(d) of the Code) unless the Servicer has received an Opinion of Counsel (at the expense of the party seeking to take such action) to the effect that the contemplated action will not endanger such REMIC status or result in the imposition of any such tax.

(iii) The following paragraph shall be added to the end of Section 11.13, to read in its entirety as follows:

If a Mortgage Loan is held by a REMIC, the Servicer shall not acquire any real property (or personal property incident to such real property) in respect of such Mortgage Loan except in connection with a default or imminent default of such Mortgage Loan. In the event that a REMIC acquires any real property (or personal property incident to such real property) in connection with a default or imminent default of a Mortgage Loan, such property shall be disposed of by the Servicer as soon as practicable in a manner that, consistent with prudent mortgage loan servicing practices, maximizes the net present value of the recovery to the Trust, but in any event within three years after its acquisition by such REMIC unless the Servicer provides to the Purchaser and the Trustee and the Securities Administrator under the Pooling and Servicing Agreement an Opinion of Counsel to the effect that the holding by such REMIC of such Mortgaged Property subsequent to three years after its acquisition will not result in the imposition of taxes on “prohibited transactions” on such REMIC as defined in Section 860F of the Code or under the law of any state in which real property securing a Mortgage Loan owned by such REMIC is located or cause such REMIC to fail to qualify as a REMIC for federal income tax purposes or for state tax purposes under the laws of any state in which real property securing a Mortgage Loan owned by such REMIC is located at any time that any mortgage pass-through certificates representing interests in such REMIC are outstanding. The Servicer shall conserve, protect and operate each such property for such REMIC solely for the purpose of its prompt disposition and sale in a manner which does not cause such property to fail to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) or result in the receipt by such REMIC of any “income from non-permitted assets” within the meaning of Section 860F(a)(2)(B) of the Code or any “net income from foreclosure property” which is subject to taxation under the REMIC Provisions. Pursuant to its efforts to sell such property, the Servicer shall either itself or through an agent selected by the Servicer protect and conserve such property in the same manner and to such extent as is customary in the locality where such property is located and may, incident to its conservation and protection of the assets of the Trust, rent the same, or any part thereof, as the Servicer deems to be in the best interest of the Trust for the period prior to the sale of such property. Additionally, the Servicer shall perform the tax withholding and shall file information returns with respect to the receipt of mortgage interests received in a trade or business, the reports of foreclosures and abandonments of any Mortgaged Property and the information returns relating to cancellation of indebtedness income with respect to any Mortgaged Property required by Sections 6050H, 6050J and 6050P, respectively, of the Code, and deliver to the Purchaser and the Trustee and the Securities Administrator under the Pooling and Servicing Agreement an Officers’ Certificate on or before March 31 of each year stating that such reports have been filed. Such reports shall be in form and substance sufficient to meet the reporting requirements imposed by Sections 6050H, 6050J and 6050P of the Code.

(k) Form of Monthly Report. The Servicer shall provide monthly accounting reports to the Purchaser and Master Servicer, pursuant to Section 6.02 of the Purchase and Servicing Agreement, with the information included in the ASF RMBS Reporting Package issued by the American Securitization Forum on July 15, 2009, as revised from time to time, to the extent available.

(l) Avoidance of Consolidation.

(i) An additional “Event of Default” shall be listed in Section 10.01, to be inserted after clause (10), to read in its entirety as follows:

or (11) the purchase or holding of any securities issued in a Securitization Transaction by any Servicer that is an insured depository institution, as such term is defined in the Federal Deposit Insurance Act (an “insured depository institution”) (any Servicer that is an insured depository institution, an “IDI Servicer”) such that the IDI Servicer is required to consolidate any of the Mortgage Loans on its financial statements under U.S. generally accepted accounting principles;

(ii) The following Section 9.05 shall be inserted after Section 9.04, to read in its entirety as follows:

Section 9.05 Avoidance of Consolidation.

(a) Each IDI Servicer hereby covenants and agrees that it shall not hold or purchase any certificate (a “Certificate”) issued by the trust created by the Pooling and Servicing Agreement referred to herein (the “Trust”) as part of the initial offering of Certificates or if its holding or purchase of such Certificate (or interest therein) would cause such IDI Servicer to be required to consolidate any assets of the issuing entity on its financial statements under U.S. generally accepted accounting principles (“Consolidate” or “Consolidation”). Any IDI Servicer shall be deemed to have represented by virtue of its purchase or holding of such Certificate (or interest therein) that its holding or purchase of such Certificate (or interest therein) will not cause such IDI Servicer to be required to Consolidate any assets of the issuing entity on its financial statements.

If an IDI Servicer's holding or purchase of a Certificate (or interest therein) does in fact cause such Consolidation, then the last preceding transferee that is not required to Consolidate shall be restored, to the extent permitted by law, to all rights and obligations as owner of such Certificate retroactive to the date of such transfer of such Certificate. If an IDI Servicer holds or purchases a Certificate (or interest therein) in violation of the restrictions in this Section 9.05 and to the extent that the retroactive restoration of the rights of the owner of such Certificate as described in the immediately preceding sentence shall be invalid, illegal or unenforceable, then the Securities Administrator shall have the right, without notice to the owner or any prior owner of such Certificate, to sell such Certificate to a purchaser selected by the Securities Administrator on such terms as the Securities Administrator may choose. The IDI Servicer shall promptly endorse and deliver such Certificate in accordance with the instructions of the Securities Administrator. The proceeds of such sale, net of the commissions (which may include commissions payable to the Securities Administrator or its affiliates), expenses and taxes due, if any, shall be remitted by the Securities Administrator to the IDI Servicer. The terms and conditions of any sale under this Section 9.05 shall be determined in the sole discretion of the Securities Administrator, and the Securities Administrator shall not be liable to any owner of a Certificate as a result of its exercise of such discretion. The IDI Servicer shall indemnify and hold harmless the Depositor and the Trust from and against any and all losses, liabilities, claims, costs or expenses incurred by such parties as a result of such holding or purchase resulting in a Consolidation.

(b) The Servicer covenants and agrees that it shall not transfer its servicing rights and duties under this Agreement to an insured depository institution (an insured depository institution in such capacity, a “servicer transferee”) unless the Servicer shall have received a representation from the servicer transferee that the acquisition of such servicing rights and duties will not cause the servicer transferee to be required to Consolidate any assets of the Trust on its financial statements. Any servicer transferee shall be deemed to have represented by virtue of its acquisition of such servicing rights and duties that such acquisition will not cause Consolidation. Any servicer transferee whose acquisition of such servicing rights and duties was effected in violation of the restrictions in this Section 9.05 shall indemnify and hold harmless the Servicer, the Depositor and the Trust from and against any and all losses, liabilities, claims, costs or expenses incurred by such parties as a result of such acquisition.

(m) The Designated Guidelines attached as Exhibit 1.01 are hereby removed from the Purchase Agreement and the reference to Designated Guidelines in the Table of Contents shall be replaced with “[Reserved.]”

(n) The first sentence of Section 5.14 is hereby deleted and replaced in its entirety with the following:

If title to any Mortgaged Property is acquired in foreclosure or by deed in lieu of foreclosure (each, an “REO Property”), the deed or certificate of sale shall be taken in the name of the Trust, where permitted by applicable law or regulation, and where not so permitted, in the name of the trustee of the Trust or its nominee.

(o) The rights under the Purchase Agreement and the Purchase and Servicing Agreement assigned to the Depositor and the Assignee pursuant to this Agreement shall be under the Purchase Agreement and the Purchase and Servicing Agreement as amended by this Agreement.

Miscellaneous

19. All demands, notices and communications related to the Mortgage Loans, the Purchase and Servicing Agreement and this Agreement shall be in writing and shall be deemed to have been duly given if personally delivered at or mailed by registered mail, postage prepaid, as follows:

(a)

In the case of PHH,

PHH Mortgage Corporation

Xxx Xxxxxxxx Xxx

Xxxxx Xxxxxx, Xxx Xxxxxx 00000

Attention: Vice President Servicing

with a copy to

PHH Mortgage Corporation

Xxx Xxxxxxxx Xxx

Xxxxx Xxxxxx, Xxx Xxxxxx 00000

Attention: Xxxx Xxxxxxx, Assistant General Counsel

(b)

In the case of Assignee,

U.S. Bank National Association

00 Xxxxxxxxxx Xxxxxx

XX-XX-XX0X

Xx. Xxxx, Xxxxxxxxx, 00000

Attention: Structured Finance – Sequoia Mortgage Loan Trust 2011-2

(c)

In the case of Depositor,

Sequoia Residential Funding, Inc.

Xxx Xxxxxxxxx Xxxxx, Xxxxx 000

Xxxx Xxxxxx, Xxxxxxxxxx 00000

Attention: Xxxxxxx Xxxxxxx

with a copy to

General Counsel at the same address

(d)

In the case of Assignor,

Redwood Residential Acquisition Corporation

Xxx Xxxxxxxxx Xxxxx, Xxxxx 000

Xxxx Xxxxxx, Xxxxxxxxxx 00000

Attention: Xxxxxxx Xxxxxxx

with a copy to

General Counsel at the same address

(e)

In the case of the Master Servicer,

Xxxxx Fargo Bank, N.A.

0000 Xxx Xxxxxxxxx Xxxx

Xxxxxxxx, Xxxxxxxx 00000

Telephone number: (000) 000-0000

Facsimile number: (000) 000-0000

Electronic mail address: xxxxx-xxx-xxxx-x-0@xxxxxxxxxx.xxx

Attention: Client Manager -- Sequoia Mortgage Trust 2011-2

(f)

In the case of the Controlling Holder,

Sequoia Mortgage Funding Corporation

Xxx Xxxxxxxxx Xxxxx, Xxxxx 000

Xxxx Xxxxxx, Xxxxxxxxxx 00000

Attention: Xxxxxxx Xxxxxxx

with a copy to

General Counsel at the same address

20. This Agreement shall be construed in accordance with the laws of the State of New York, except to the extent preempted by Federal law, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws, without regard to the conflicts of laws provisions of the State of New York or any other jurisdiction.

21. No term or provision of this Agreement may be waived or modified unless such waiver or modification is in writing and signed by the party against whom such waiver or modification is sought to be enforced.

22. This Agreement shall inure to the benefit of the successors and assigns of the parties hereto. Any entity into which Assignor, Depositor, Assignee or PHH may be merged or consolidated shall, without the requirement for any further writing, be deemed Assignor, Depositor, Assignee or PHH, respectively, hereunder.

23. This Agreement shall survive the conveyance of the Mortgage Loans, the assignment of each of the Purchase and Servicing Agreement to the extent of the Attachment 1A Mortgage Loans and the Purchase Agreement to the extent of the Attachment 1B Mortgage Loans by Assignor to Assignee, and the termination of each of the Purchase and Servicing Agreement and the Purchase Agreement.

24. This Agreement may be executed simultaneously in any number of counterparts. Each counterpart shall be deemed to be an original, and all such counterparts shall constitute one and the same instrument.

25. The Controlling Holder under the Pooling and Servicing Agreement is an express third party beneficiary of this Agreement, and shall have the same power and ability to exercise and enforce the rights stated to be provided to it hereunder as if it were a signatory hereto. PHH hereby consents to such exercise and enforcement.

26. It is expressly understood and agreed by the parties hereto that insofar as this Agreement is executed by the Trustee as the Assignee (i) this Agreement is executed and delivered by U.S. Bank National Association (“U.S. Bank”) not in its individual capacity but solely as Trustee on behalf of the trust created by the Pooling and Servicing Agreement referred to herein (the “Trust”) in the exercise of the powers and authority conferred upon and vested in it, and as directed in the Pooling and Servicing Agreement, (ii) each of the undertakings and agreements herein made on behalf of the Trust is made and intended not as a personal undertaking or agreement of or by U.S. Bank but is made and intended for purposes of binding only the Trust, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank, individually or personally, to perform any covenant either express or implied in this Agreement, all such liability, if any, being expressly waived by the parties hereto and by any person claiming by, through or under the parties hereto, and (iv) under no circumstances shall U.S. Bank in its individual capacity or in its capacity as Trustee be personally liable for the payment of any indebtedness, amounts or expenses owed by the Purchaser under the Servicing Agreement (such indebtedness, expenses and other amounts being payable solely from and to the extent of funds of the Trust) or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made under this Agreement or any other related documents.

27. Master Servicer. PHH hereby acknowledges that the Assignee has appointed Xxxxx Fargo Bank, N.A. to act as master servicer and securities administrator under the Pooling and Servicing Agreement and hereby agrees to treat all inquiries, demands, instructions, authorizations and other communications from the Master Servicer as if the same had been received from the Assignee. The Master Servicer, acting on behalf of the Assignee, shall have the rights of the Assignee hereunder and the rights of the Assignee as the Purchaser under the Purchase Agreement and the Purchase and Servicing Agreement, including, without limitation, the right to enforce the obligations of the Seller and Servicer hereunder and thereunder and the right to exercise the remedies of the Purchaser hereunder and thereunder, except to the extent such rights have been retained by the Assignor under Section 16 hereof.

28. PHH shall make all remittances due by it to the Purchaser with respect to the Mortgage Loans to the following account by wire transfer of immediately available funds:

Xxxxx Fargo Bank, N.A.

San Francisco, California

ABA# 000-000-000

Account# 0000000000

Account Name: SAS Clearing

FFC: Account # 00000000, Sequoia Mortgage Trust 2011-2 Distribution Account

29. PHH acknowledges that the custodian will be Xxxxx Fargo Bank, N.A. acting pursuant to the Custodial Agreement. Requests for Mortgage Loan Documents under Section 2.04 of the Purchase and Servicing Agreement shall be directed to Xxxxx Fargo Bank, N.A., as custodian, using the form of Request for Release in the form of Exhibit F hereto. PHH shall provide the Custodian with the specimen signatures of PHH's authorized servicing representatives using the form in Exhibit D-3 hereto. Notwithstanding Section 2.04 of the Purchase and Servicing Agreement, PHH shall pay shipping expenses for any Mortgage Loan Documents if there has been a breach of any representation or warranty made with respect to the related Mortgage Loan in Section 3.03 of the Purchase and Servicing Agreement or the Purchase Agreement, as applicable.

30. Assignor hereby requests that PHH furnish each Mortgagor with the notice described in Section 2.07 of the Purchase and Servicing Agreement, in accordance with the terms of Section 2.07 therein, and PHH hereby covenants that it shall furnish each Mortgagor with such notice as provided therein.

31. PHH hereby agrees that it shall provide information with respect to the Mortgage Loans or the origination or servicing thereof to any Rating Agency or nationally recognized statistical rating organization (“NRSRO”) via electronic mail at xxxx00x0xxxxxxxxxxxxxxxxxxx@xxxxxxxxxx.xxx, with a subject reference of “SEMT 2011-2” and an identification of the type of information being provided in the body of such electronic mail. The Securities Administrator, as the initial Rule 17g-5 Information Provider (the “Rule 17g-5 Information Provider”) shall notify PHH in writing of any change in the identity or contact information of the Rule 17g-5 Information Provider. PHH shall have no liability for (i) the Rule 17g-5 Information Provider’s failure to post information provided by it in accordance with the terms of this Agreement or (ii) any malfunction or disabling of the website maintained by the Rule 17g-5 Information Provider. None of the foregoing restrictions in this Section 31 prohibit or restrict oral or written communications, or providing information, between PHH, on the one hand, and any Rating Agency or NRSRO, on the other hand, with regard to (i) such Rating Agency’s or NRSRO’s review of the ratings it assigns to PHH, (ii) such Rating Agency’s or NRSRO’s approval of PHH as a residential mortgage master, special or primary servicer, or (iii) such Rating Agency’s or NRSRO’s evaluation of PHH’s origination or servicing operations in general; provided, however, that PHH shall not provide any information relating to the Mortgage Loans to such Rating Agency or NRSRO in connection with such review and evaluation by such Rating Agency or NRSRO unless: (x) borrower, property or deal specific identifiers are redacted; or (y) such information has already been provided to the Rule 17g-5 Information Provider.

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]

IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and year first above written.

REDWOOD RESIDENTIAL ACQUISITION CORPORATION

Assignor

By:

Name:

Title:

SEQUOIA RESIDENTIAL FUNDING, INC.

Depositor

By:

Name:

Title:

U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity but solely as Trustee,

Assignee

By:

Name:

Title:

PHH MORTGAGE CORPORATION

By:

Name:

Title:

Accepted and agreed to by:

XXXXX FARGO BANK, N.A.

Master Servicer

By:

Name:

Title:

ATTACHMENT 1A

MORTGAGE LOAN SCHEDULE

KEY	Primary Servicer	Primary Servicer Name	Servicing Fee %	Servicing Fee—Flatdollar	Servicing Advance Methodology	Originator	Loan Group	Loan Number	sellernumber	Amortization Type
1	1000200	PHH	0.002500			1000200		2000000032	7117020474	1
2	1000200	PHH	0.002500			1000200		2000000156	7117588330	1
3	1000200	PHH	0.002500			1000200		2000000301	7118172787	1
4	1000200	PHH	0.002500			1000200		2000000371	7118638738	1
5	1000200	PHH	0.002500			1000200		2000000389	5050416550	1
6	1000200	PHH	0.002500			1000200		2000000393	7118724611	1
7	1000200	PHH	0.002500			1000200		2000000397	7118783674	1
8	1000200	PHH	0.002500			1000200		2000000426	7119003775	1
9	1000200	PHH	0.002500			1000200		2000000427	5040293473	1
10	1000200	PHH	0.002500			1000200		2000000437	7118159990	1
11	1000200	PHH	0.002500			1000200		2000000442	7119436306	1
12	1000200	PHH	0.002500			1000200		2000000443	5040305715	1
13	1000200	PHH	0.002500			1000200		2000000447	7119500903	1
14	1000200	PHH	0.002500			1000200		2000000451	7119517667	1
15	1000200	PHH	0.002500			1000200		2000000454	7119094337	1
16	1000200	PHH	0.002500			1000200		2000000456	7119526338	1
17	1000200	PHH	0.002500			1000200		2000000458	7119531866	1
18	1000200	PHH	0.002500			1000200		2000000464	7119674906	1
19	1000200	PHH	0.002500			1000200		2000000474	5040312406	1
20	1000200	PHH	0.002500			1000200		2000000479	7119003288	1
21	1000200	PHH	0.002500			1000200		0000000000	7118270573	1
22	1000200	PHH	0.002500			1000200		2000000485	7120024406	1
23	1000200	PHH	0.002500			1000200		2000000496	5050440592	1
24	1000200	PHH	0.002500			1000200		2000000500	7120134924	1
25	1000200	PHH	0.002500			1000200		2000000506	7119678469	1
26	1000200	PHH	0.002500			1000200		0000000000	7120183137	1
27	1000200	PHH	0.002500			1000200		2000000513	5040339623	1
28	1000200	PHH	0.002500			1000200		2000000528	7119969959	1
29	1000200	PHH	0.002500			1000200		2000000537	5050443216	1
30	1000200	PHH	0.002500			1000200		2000000569	7119971328	1
31	1000200	PHH	0.002500			1000200		2000000570	7120594903	1
32	1000200	PHH	0.002500			1000200		2000000595	7120522805	1
33	1000200	PHH	0.002500			1000200		2000000611	7120365130	1
34	1000200	PHH	0.002500			1000200		0000000000	7120835561	1
35	1000200	PHH	0.002500			1000200		2000000723	7120920835	1
36	1000200	PHH	0.002500			1000200		2000000771	5040360512	1
37	1000200	PHH	0.002500			1000200		2000000785	5040363755	1
38	1000200	PHH	0.002500			1000200		2000000823	7121087030	1
39	1000200	PHH	0.002500			1000200		2000000843	7121003946	1
40	1000200	PHH	0.002500			1000200		2000000849	7121083716	1
41	1000200	PHH	0.002500			1000200		2000000855	7120447995	1
42	1000200	PHH	0.002500			1000200		2000000860	7121241389	1
43	1000200	PHH	0.002500			1000200		0000000000	7121389220	1
44	1000200	PHH	0.002500			1000200		2000000880	7121002740	1
45	1000200	PHH	0.002500			1000200		2000000881	7121242577	1
46	1000200	PHH	0.002500			1000200		909000235	7111859968	1
47	1000200	PHH	0.002500			1000200		909000215	7111923574	1
48	1000200	PHH	0.002500			1000200		909000230	7112715987	1
49	1000200	PHH	0.002500			1000200		909000237	7112869750	1
50	1000200	PHH	0.002500			1000200		909000136	7117402730	1
51	1000200	PHH	0.002500			1000200		854000018	7117861323	1
52	1000200	PHH	0.002500			1000200		909000155	7118064786	1
53	1000200	PHH	0.002500			1000200		909000145	7118159347	1
54	1000200	PHH	0.002500			1000200		909000153	7118276042	1
55	1000200	PHH	0.002500			1000200		909000222	7118447254	1
56	1000200	PHH	0.002500			1000200		909000119	7118463053	1
57	1000200	PHH	0.002500			1000200		909000195	7118714968	1
58	1000200	PHH	0.002500			1000200		909000229	7118724918	1
59	1000200	PHH	0.002500			1000200		909000156	7118901219	1
60	1000200	PHH	0.002500			1000200		909000177	7118999957	1
61	1000200	PHH	0.002500			1000200		909000204	7119000995	1
62	1000200	PHH	0.002500			1000200		909000208	7119259021	1
63	1000200	PHH	0.002500			1000200		909000206	7119501851	1
64	1000200	PHH	0.002500			1000200		909000192	7119501950	1
65	1000200	PHH	0.002500			1000200		909000203	7119517717	1
66	1000200	PHH	0.002500			1000200		909000227	7119603459	1
67	1000200	PHH	0.002500			1000200		909000221	7119819675	1
68	1000200	PHH	0.002500			1000200		909000232	7119972045	1
69	1000200	PHH	0.002500			1000200		909000214	7119972334	1
70	1000200	PHH	0.002500			1000200		909000231	7119972409	1
71	1000200	PHH	0.002500			1000200		909000216	7119974132	1
72	1000200	PHH	0.002500			1000200		909000212	7119976731	1
73	1000200	PHH	0.002500			1000200		909000210	7119977390	1
74	1000200	PHH	0.002500			1000200		909000209	7120026013	1
75	1000200	PHH	0.002500			1000200		909000234	7120026286	1
76	1000200	PHH	0.002500			1000200		909000213	7120058149	1
77	1000200	PHH	0.002500			1000200		909000225	7120133579	1
78	1000200	PHH	0.002500			1000200		909000226	7120201400	1
79	1000200	PHH	0.002500			1000200		909000220	7120207084	1
80	1000200	PHH	0.002500			1000200		909000217	7120261628	1
81	1000200	PHH	0.002500			1000200		909000223	7120439018	1
82	1000200	PHH	0.002500			1000200		909000219	7120528679	1
83	1000200	PHH	0.002500			1000200		909000238	7120656868	1
84	1000200	PHH	0.002500			1000200		909000236	7120674960	1
85	1000200	PHH	0.002500			1000200		909000233	7120761213	1
86	1000200	PHH	0.002500			1000200		817000015	7117857529	1
87	1000200	PHH	0.002500			1000200		817000018	7118065502	1
88	1000200	PHH	0.002500			1000200		817000022	7118345755	1
89	1000200	PHH	0.002500			1000200		909000228	7111786385	1
90	1000200	PHH	0.002500			1000200		909000199	7118827737	1
91	1000200	PHH	0.002500			1000200		909000205	7119578396	1
92	1000200	PHH	0.002500			1000200		909000239	7119595598	1
93	1000200	PHH	0.002500			1000200		909000224	7119823594	1
94	1000200	PHH	0.002500			1000200		909000218	7120136788	1
95	1000200	PHH	0.002500			1000200		909000240	7120761304	1
96	1000200	PHH	0.002500			1000200		854000001	7117871280	1
97	1000200	PHH	0.002500			1000200		854000019	7117964929	1
98	1000200	PHH	0.002500			1000200		854000020	7118355127	1
99	1000200	PHH	0.002500			1000200		854000002	7118365910	1
100	1000200	PHH	0.002500			1000200		854000003	7118462949	1
101	1000200	PHH	0.002500			1000200		854000021	7118780779	1
102	1000200	PHH	0.002500			1000200		854000004	7118783203	1
103	1000200	PHH	0.002500			1000200		854000005	7118827505	1
104	1000200	PHH	0.002500			1000200		854000006	7118878854	1
105	1000200	PHH	0.002500			1000200		854000027	7118910939	1
106	1000200	PHH	0.002500			1000200		854000007	7118911929	1
107	1000200	PHH	0.002500			1000200		854000008	7118919708	1
108	1000200	PHH	0.002500			1000200		854000009	7118997852	1
109	1000200	PHH	0.002500			1000200		854000022	7119003767	1
110	1000200	PHH	0.002500			1000200		854000010	7119007263	1
111	1000200	PHH	0.002500			1000200		854000011	7119012230	1
112	1000200	PHH	0.002500			1000200		854000028	7119059256	1
113	1000200	PHH	0.002500			1000200		854000023	7119063134	1
114	1000200	PHH	0.002500			1000200		854000012	7119082522	1
115	1000200	PHH	0.002500			1000200		854000013	7119084353	1
116	1000200	PHH	0.002500			1000200		854000014	7119087943	1
117	1000200	PHH	0.002500			1000200		854000024	7119088115	1
118	1000200	PHH	0.002500			1000200		854000025	7119093099	1
119	1000200	PHH	0.002500			1000200		854000029	7119095052	1
120	1000200	PHH	0.002500			1000200		854000026	7119099419	1
121	1000200	PHH	0.002500			1000200		854000015	7119169535	1
122	1000200	PHH	0.002500			1000200		854000030	7119189293	1
123	1000200	PHH	0.002500			1000200		854000016	7119204563	1
124	1000200	PHH	0.002500			1000200		854000031	7119283872	1
125	1000200	PHH	0.002500			1000200		854000017	7119284235	1
126	1000200	PHH	0.002500			1000200		854000032	7119523764	1
127	1000200	PHH	0.002500			1000200		2000000429	7119167323	1
128	1000200	PHH	0.002500			1000200		2000000476	5040315243	1
129	1000200	PHH	0.002500			1000200		2000000617	7119820046	1

KEY	Lien Position	HELOC Indicator	Loan Purpose	Cash Out Amount	Total Origination and Discount Points	Covered/High Cost Loan Indicator	Relocation Loan Indicator	Broker Indicator	Channel	Escrow Indicator
1	1	0	9						1	0
2	1	0	3						1	0
3	1	0	9						1	0
4	1	0	9						1	4
5	1	0	9						1	4
6	1	0	9						1	0
7	1	0	9						1	4
8	1	0	9						1	0
9	1	0	9						1	4
10	1	0	3						1	4
11	1	0	7						1	4
12	1	0	3						1	4
13	1	0	7						1	4
14	1	0	7						1	0
15	1	0	7						1	4
16	1	0	7						1	0
17	1	0	9						1	0
18	1	0	7						1	4
19	1	0	9						1	4
20	1	0	9						1	0
21	1	0	7						1	0
22	1	0	7						1	0
23	1	0	9						1	4
24	1	0	7						1	4
25	1	0	7						1	0
26	1	0	7						1	0
27	1	0	9						1	4
28	1	0	9						1	4
29	1	0	9						1	4
30	1	0	7						1	0
31	1	0	7						1	4
32	1	0	9						1	4
33	1	0	3						1	4
34	1	0	7						1	4
35	1	0	7						1	0
36	1	0	7						1	4
37	1	0	7						1	0
38	1	0	7						1	0
39	1	0	7						1	4
40	1	0	7						1	4
41	1	0	7						1	0
42	1	0	9						1	0
43	1	0	7						1	4
44	1	0	7						1	4
45	1	0	7						1	4
46	1	0	3						1	0
47	1	0	6						1	4
48	1	0	7						1	4
49	1	0	7						1	0
50	1	0	9						1	0
51	1	0	7						1	4
52	1	0	3						1	0
53	1	0	9						1	0
54	1	0	9						1	0
55	1	0	7						1	4
56	1	0	9						1	4
57	1	0	9						1	4
58	1	0	6						1	4
59	1	0	9						1	4
60	1	0	9						1	0
61	1	0	7						1	4
62	1	0	9						1	0
63	1	0	9						1	0
64	1	0	7						1	0
65	1	0	7						1	0
66	1	0	9						1	0
67	1	0	7						1	4
68	1	0	3						1	4
69	1	0	9						1	4
70	1	0	9						1	0
71	1	0	7						1	4
72	1	0	9						1	0
73	1	0	7						1	0
74	1	0	7						1	4
75	1	0	7						1	4
76	1	0	6						1	4
77	1	0	7						1	4
78	1	0	7						1	4
79	1	0	6						1	4
80	1	0	9						1	0
81	1	0	7						1	0
82	1	0	6						1	0
83	1	0	9						1	0
84	1	0	7						1	4
85	1	0	7						1	4
86	1	0	3						1	0
87	1	0	7						1	4
88	1	0	7						1	4
89	1	0	7						1	0
90	1	0	9						1	0
91	1	0	9						1	0
92	1	0	7						1	4
93	1	0	7						1	4
94	1	0	7						1	4
95	1	0	9						1	0
96	1	0	7						1	4
97	1	0	9						1	0
98	1	0	9						1	4
99	1	0	9						1	0
100	1	0	9						1	4
101	1	0	9						1	0
102	1	0	9						1	0
103	1	0	9						1	0
104	1	0	9						1	4
105	1	0	9						1	0
106	1	0	6						1	4
107	1	0	9						1	0
108	1	0	9						1	0
109	1	0	7						1	4
110	1	0	7						1	4
111	1	0	9						1	0
112	1	0	7						1	4
113	1	0	9						1	0
114	1	0	6						1	0
115	1	0	6						1	4
116	1	0	9						1	4
117	1	0	9						1	0
118	1	0	7						1	4
119	1	0	9						1	0
120	1	0	9						1	0
121	1	0	9						1	0
122	1	0	3						1	4
123	1	0	9						1	4
124	1	0	9						1	4
125	1	0	9						1	0
126	1	0	7						1	0
127	1	0	6						1	0
128	1	0	7						1	0
129	1	0	7						1	4

KEY	Senior Loan Amount(s)	Loan Type of Most Senior Lien	Hybrid Period of Most Senior Lien (in months)	Neg Am Limit of Most Senior Lien	Junior Mortgage Balance	Origination Date of Most Senior Lien	Origination Date	Original Loan Amount	Original Interest Rate	Original Amortization Term
1	0				0.00		20101218	861000.00	0.051250	360
2	0				137001.00		20101227	999999.00	0.052500	360
3	0				0.00		20110114	875000.00	0.048750	360
4	0				192000.00		20101217	595000.00	0.053750	360
5	0				0.00		20101210	593000.00	0.051250	360
6	0				0.00		20110121	975577.00	0.050000	360
7	0				245800.00		20110210	579000.00	0.051250	360
8	0				0.00		20110125	527000.00	0.051250	360
9	0				0.00		20110126	780000.00	0.048750	360
10	0				0.00		20101207	721355.00	0.051250	360
11	0				0.00		20110106	780000.00	0.050000	360
12	0				0.00		20110228	1090000.00	0.051250	360
13	0				0.00		20110104	577500.00	0.052500	360
14	0				0.00		20110124	709600.00	0.052500	360
15	0				0.00		20110112	764500.00	0.053750	360
16	0				0.00		20110202	1000000.00	0.053750	360
17	0				100000.00		20110324	717977.00	0.050000	360
18	0				0.00		20110214	625000.00	0.052500	360
19	0				0.00		20110225	520000.00	0.053750	360
20	0				246000.00		20110228	578058.00	0.051250	360
21	0				0.00		20110228	920000.00	0.052500	360
22	0				0.00		20110224	552930.00	0.052500	360
23	0				0.00		20110418	444000.00	0.058750	360
24	0				0.00		20110314	525000.00	0.053750	360
25	0				0.00		20110322	1435000.00	0.053750	360
26	0				0.00		20110406	608000.00	0.053750	360
27	0				0.00		20110325	719000.00	0.055000	360
28	0				0.00		20110408	683405.79	0.052500	360
29	0				0.00		20110516	805705.25	0.052500	360
30	0				0.00		20110422	546000.00	0.053750	360
31	0				0.00		20110425	504000.00	0.051250	360
32	0				200000.00		20110506	712300.00	0.053750	360
33	0				0.00		20110516	600000.00	0.052500	360
34	0				0.00		20110502	804000.00	0.051250	360
35	0				0.00		20110614	487500.00	0.053750	360
36	0				0.00		20110525	910000.00	0.053750	360
37	0				0.00		20110526	594965.00	0.052500	360
38	0				0.00		20110602	1260000.00	0.051250	360
39	0				0.00		20110531	585600.00	0.052500	360
40	0				0.00		20110630	1190000.00	0.050000	360
41	0				0.00		20110701	760000.00	0.048750	360
42	0				0.00		20110711	565000.00	0.052500	360
43	0				0.00		20110629	468000.00	0.046250	360
44	0				0.00		20110527	700000.00	0.048750	360
45	0				0.00		20110624	653600.00	0.051250	360
46	0				0.00		20110506	999000.00	0.055000	360
47	0				0.00		20110323	860000.00	0.051250	360
48	0				0.00		20110418	952500.00	0.053750	360
49	0				0.00		20110513	888000.00	0.056250	360
50	0				0.00		20101203	1161100.00	0.047500	360
51	0				0.00		20100831	752263.20	0.051250	360
52	0				0.00		20101220	998040.00	0.051250	360
53	0				0.00		20101214	1452184.00	0.047500	360
54	0				0.00		20101217	780000.00	0.053750	360
55	0				0.00		20110329	617500.00	0.053750	360
56	0				0.00		20101119	940000.00	0.051250	360
57	0				0.00		20110131	897489.76	0.050000	360
58	0				0.00		20110415	500000.00	0.051250	360
59	0				0.00		20101220	618000.00	0.047500	360
60	0				0.00		20110110	634679.00	0.048750	360
61	0				0.00		20110203	1049250.00	0.048750	360
62	0				0.00		20110210	1390000.00	0.050000	360
63	0				0.00		20110207	619460.00	0.047500	360
64	0				0.00		20110128	760000.00	0.053750	360
65	0				0.00		20110202	500000.00	0.047500	360
66	0				0.00		20110407	1294766.00	0.047500	360
67	0				0.00		20110329	696000.00	0.053750	360
68	0				0.00		20110426	579382.00	0.053750	360
69	0				0.00		20110318	668000.00	0.052500	360
70	0				0.00		20110418	800000.00	0.053750	360
71	0				0.00		20110324	1800000.00	0.051250	360
72	0				0.00		20110310	666078.00	0.053750	360
73	0				0.00		20110224	980000.00	0.052500	360
74	0				0.00		20110217	450000.00	0.053750	360
75	0				0.00		20110429	875000.00	0.047500	360
76	0				0.00		20110311	1222500.00	0.052500	360
77	0				0.00		20110404	622000.00	0.050000	360
78	0				0.00		20110406	900000.00	0.052500	360
79	0				0.00		20110329	895200.00	0.052500	360
80	0				0.00		20110325	577000.00	0.051250	360
81	0				0.00		20110330	764000.00	0.053750	360
82	0				0.00		20110328	763000.00	0.048750	360
83	0				0.00		20110520	1494000.00	0.051250	360
84	0				0.00		20110512	620000.00	0.052500	360
85	0				0.00		20110427	572800.00	0.045000	360
86	0				0.00		20101004	528900.00	0.053750	360
87	0				0.00		20100930	553000.00	0.050000	360
88	0				0.00		20101004	456000.00	0.048750	360
89	0				0.00		20110413	850000.00	0.053750	360
90	0				0.00		20110201	1000000.00	0.048750	360
91	0				0.00		20110204	498750.00	0.047500	360
92	0				0.00		20110307	550000.00	0.051250	360
93	0				0.00		20110331	848000.00	0.047500	360
94	0				0.00		20110328	910000.00	0.050000	360
95	0				0.00		20110524	509419.00	0.052500	360
96	0				0.00		20101207	479400.00	0.047500	360
97	0				0.00		20101223	1416440.00	0.051250	360
98	0				0.00		20101211	553900.00	0.052500	360
99	0				0.00		20101202	1025000.00	0.052500	360
100	0				0.00		20110104	615000.00	0.052500	360
101	0				0.00		20110121	880000.00	0.048750	360
102	0				0.00		20101220	820000.00	0.047500	360
103	0				0.00		20110118	997000.00	0.047500	360
104	0				0.00		20101220	572683.68	0.050000	360
105	0				0.00		20110119	742500.00	0.048750	360
106	0				0.00		20101228	664000.00	0.047500	360
107	0				0.00		20101227	1443750.00	0.047500	360
108	0				0.00		20101223	1105000.00	0.047500	360
109	0				0.00		20110106	647500.00	0.051250	360
110	0				0.00		20101215	552000.00	0.047500	360
111	0				0.00		20110117	811497.79	0.048750	360
112	0				0.00		20101209	548000.00	0.048750	360
113	0				0.00		20110121	846400.00	0.050000	360
114	0				0.00		20101202	928000.00	0.047500	360
115	0				0.00		20110105	560000.00	0.047500	360
116	0				0.00		20110120	1250000.00	0.048750	360
117	0				0.00		20101220	999999.00	0.048750	360
118	0				0.00		20110111	960000.00	0.047500	360
119	0				0.00		20110124	931000.00	0.047500	360
120	0				0.00		20101222	561000.00	0.053750	360
121	0				0.00		20110110	562721.31	0.048750	360
122	0				0.00		20110120	900000.00	0.050000	360
123	0				0.00		20110103	551866.00	0.048750	360
124	0				0.00		20110118	576000.00	0.050000	360
125	0				0.00		20110125	1098750.00	0.050000	360
126	0				0.00		20110112	744000.00	0.051250	360
127	0				0.00		20110107	848250.00	0.046250	360
128	0				0.00		20110303	468000.00	0.053750	360
129	0				0.00		20110701	999999.00	0.050000	360

KEY	Original Term to Maturity	First Payment Date of Loan	Interest Type Indicator	Original Interest Only Term	Buy Down Period	HELOC Draw Period	Current Loan Amount	Current Interest Rate	Current Payment Amount Due	Interest Paid Through Date
1	360	20110201	1	0	0		851063.09	0.051250	4688.04	20110901
2	360	20110201	1	0	0		990680.89	0.052500	5522.04	20110901
3	360	20110301	1	0	0		867376.35	0.048750	4630.58	20110901
4	360	20110201	1	0	0		589581.82	0.053750	3331.83	20110901
5	360	20110201	1	0	0		587346.37	0.051250	3228.81	20110901
6	360	20110301	1	0	0		959443.86	0.050000	5237.11	20110901
7	360	20110401	1	0	0		574877.60	0.051250	3152.58	20110901
8	360	20110301	1	0	0		522613.06	0.051250	2869.45	20110901
9	360	20110301	1	0	0		773203.75	0.048750	4127.83	20110901
10	360	20110201	1	0	0		714340.25	0.051250	3927.69	20110901
11	360	20110301	1	0	0		773356.94	0.050000	4187.21	20110901
12	360	20110401	1	0	0		1082239.34	0.051250	5934.91	20110901
13	360	20110301	1	0	0		572801.75	0.052500	3188.98	20110901
14	360	20110301	1	0	0		703827.09	0.052500	3918.44	20110901
15	360	20110301	1	0	0		758419.17	0.053750	4280.99	20110901
16	360	20110401	1	0	0		984704.62	0.053750	5599.72	20110901
17	360	20110501	1	0	0		712892.66	0.050000	3854.26	20110901
18	360	20110401	1	0	0		620651.25	0.052500	3451.28	20110901
19	360	20110401	1	0	0		512568.02	0.053750	2911.86	20110901
20	360	20110401	1	0	0		573942.25	0.051250	3147.46	20110901
21	360	20110401	1	0	0		913598.66	0.052500	5080.28	20110901
22	360	20110401	1	0	0		549082.75	0.052500	3053.30	20110901
23	360	20110601	1	0	0		442175.94	0.058750	2626.43	20110901
24	360	20110501	1	0	0		522032.09	0.053750	2939.85	20110901
25	360	20110501	1	0	0		1426887.72	0.053750	8035.59	20110901
26	360	20110601	1	0	0		605114.29	0.053750	3404.63	20110901
27	360	20110501	1	0	0		715024.01	0.055000	4082.41	20110901
28	360	20110601	1	0	0		680244.01	0.052500	3773.80	20110901
29	360	20110701	1	0	0		802920.57	0.052500	4449.14	20110901
30	360	20110601	1	0	0		543536.21	0.053750	3057.45	20110901
31	360	20110601	1	0	0		500208.93	0.051250	2744.22	20110901
32	360	20110701	1	0	0		709894.75	0.053750	3988.68	20110901
33	360	20110701	1	0	0		597926.26	0.052500	3313.23	20110901
34	360	20110701	1	0	0		801156.10	0.051250	4377.68	20110901
35	360	20110801	1	0	0		486133.81	0.053750	2729.86	20110901
36	360	20110701	1	0	0		906927.18	0.053750	5095.74	20110901
37	360	20110701	1	0	0		592908.69	0.052500	3285.42	20110901
38	360	20110801	1	0	0		1257035.10	0.051250	6860.54	20110901
39	360	20110701	1	0	0		583047.42	0.052500	3233.71	20110901
40	360	20110801	1	0	0		1187134.35	0.050000	6388.18	20110901
41	360	20110901	1	0	0		759065.51	0.048750	4021.99	20110901
42	360	20110901	1	0	0		564351.91	0.052500	3119.95	20110901
43	360	20110801	1	0	0		466792.82	0.046250	2406.18	20110901
44	360	20110701	1	0	0		697407.36	0.048750	3704.46	20110901
45	360	20110801	1	0	0		652062.02	0.051250	3558.77	20110901
46	360	20110701	1	0	0		995704.56	0.055000	5464.55	20110901
47	360	20110501	1	0	0		852895.47	0.051250	4504.59	20110901
48	360	20110601	1	0	0		948201.94	0.053750	5135.96	20110901
49	360	20110701	1	0	0		885138.64	0.056250	4927.23	20110901
50	360	20110201	1	0	0		1149250.16	0.047500	5817.11	20110901
51	360	20101001	1	0	0		741397.95	0.051250	4095.98	20110901
52	360	20110201	1	0	0		988524.78	0.051250	5228.01	20110901
53	360	20110201	1	0	0		1437363.49	0.047500	7275.44	20110901
54	360	20110201	1	0	0		772897.16	0.053750	4206.58	20110901
55	360	20110501	1	0	0		614009.15	0.053750	3329.77	20110901
56	360	20110101	1	0	0		929896.24	0.051250	4924.21	20110901
57	360	20110301	1	0	0		889846.11	0.050000	4632.30	20110901
58	360	20110601	1	0	0		497636.82	0.051250	2618.65	20110901
00	000	00000000	1	0	0		611692.82	0.047500	3096.19	20110901
60	360	20110301	1	0	0		628339.60	0.048750	3227.71	20110901
61	360	20110401	1	0	0		1041052.52	0.048750	5335.56	20110901
62	360	20110401	1	0	0		1379874.06	0.050000	7174.00	20110901
00	000	00000000	1	0	0		614737.26	0.047500	3103.17	20110901
64	360	20110301	1	0	0		748636.86	0.053750	4099.48	20110901
65	360	20110401	1	0	0		496188.03	0.047500	2504.73	20110901
66	360	20110601	1	0	0		1288211.19	0.047500	6485.40	20110901
00	000	00000000	1	0	0		692065.41	0.053750	3753.06	20110901
68	360	20110601	1	0	0		576767.58	0.053750	3124.08	20110901
69	360	20110501	1	0	0		664135.18	0.052500	3550.21	20110901
70	360	20110601	1	0	0		796390.08	0.053750	4313.67	20110901
71	360	20110501	1	0	0		1789343.01	0.051250	9427.54	20110901
72	360	20110501	1	0	0		662312.53	0.053750	3591.71	20110901
73	360	20110401	1	0	0		970200.38	0.052500	5209.11	20110901
74	360	20110401	1	0	0		446940.40	0.053750	2426.66	20110901
75	360	20110601	1	0	0		870570.27	0.047500	4382.82	20110901
76	360	20110501	1	0	0		1212679.58	0.052500	6497.65	20110901
77	360	20110601	1	0	0		618991.78	0.050000	3209.92	20110901
78	360	20110601	1	0	0		895843.46	0.052500	4782.99	20110901
79	360	20110501	1	0	0		890020.73	0.052500	4757.69	20110901
80	360	20110501	1	0	0		570298.95	0.051250	3022.74	20110901
81	360	20110501	1	0	0		759680.95	0.053750	4119.74	20110901
82	360	20110501	1	0	0		758270.88	0.048750	3879.69	20110901
83	360	20110701	1	0	0		1488715.44	0.051250	7824.12	20110901
84	360	20110701	1	0	0		617857.14	0.052500	3294.80	20110901
85	360	20110601	1	0	0		569765.78	0.045000	2783.44	20110901
86	360	20101201	1	0	0		522852.52	0.053750	2961.69	20110901
87	360	20101101	1	0	0		545536.72	0.050000	2968.63	20110901
88	360	20101201	1	0	0		450289.48	0.048750	2413.19	20110901
89	360	20110601	1	0	0		846164.46	0.053750	4583.27	20110901
90	360	20110401	1	0	0		992547.12	0.048750	5085.05	20110901
91	360	20110401	1	0	0		494947.53	0.047500	2498.47	20110901
92	360	20110501	1	0	0		546743.70	0.051250	2880.63	20110901
93	360	20110501	1	0	0		842488.32	0.047500	4247.83	20110901
94	360	20110501	1	0	0		904487.19	0.050000	4696.41	20110901
95	360	20110701	1	0	0		506560.06	0.052500	2707.38	20110901
96	360	20110201	1	0	0		474507.37	0.047500	2500.78	20110901
97	360	20110201	1	0	0		1397235.07	0.051250	7712.34	20110901
98	360	20110201	1	0	0		548738.70	0.052500	3058.66	20110901
99	360	20110201	1	0	0		1015448.99	0.052500	5660.09	20110901
100	360	20110301	1	0	0		609996.68	0.052500	3396.06	20110901
101	360	20110301	1	0	0		872332.78	0.048750	4657.04	20110901
102	360	20110201	1	0	0		811631.33	0.047500	4277.51	20110901
000	000	00000000	0	0	0		988114.43	0.047500	5200.83	20110901
104	360	20110201	1	0	0		567097.82	0.050000	3074.29	20110901
105	360	20110301	1	0	0		736030.77	0.048750	3929.38	20110901
106	360	20110201	1	0	0		655143.67	0.047500	3463.74	20110901
107	360	20110201	1	0	0		1429015.49	0.047500	7531.29	20110901
108	360	20110201	1	0	0		1093722.66	0.047500	5764.21	20110901
109	360	20110301	1	0	0		642109.96	0.051250	3525.56	20110901
110	360	20110201	1	0	0		546366.42	0.047500	2879.50	20110901
000	000	00000000	0	0	0		804427.43	0.048750	4294.52	20110901
112	360	20110201	1	0	0		542532.15	0.048750	2900.07	20110901
113	360	20110301	1	0	0		824062.23	0.050000	4543.66	20110901
114	360	20110201	1	0	0		917238.45	0.047500	4840.89	20110901
115	360	20110301	1	0	0		554666.58	0.047500	2921.23	20110901
116	360	20110301	1	0	0		1238281.66	0.048750	6615.11	20110901
117	360	20110201	1	0	0		990021.33	0.048750	5292.08	20110901
118	360	20110301	1	0	0		951444.20	0.047500	5007.82	20110901
119	360	20110301	1	0	0		922702.66	0.047500	4856.54	20110901
120	360	20110201	1	0	0		555891.44	0.053750	3141.44	20110901
121	360	20110301	1	0	0		550566.86	0.048750	2977.97	20110901
122	360	20110301	1	0	0		892334.91	0.050000	4831.40	20110901
123	360	20110301	1	0	0		547057.70	0.048750	2920.53	20110901
124	360	20110301	1	0	0		571094.32	0.050000	3092.10	20110901
125	360	20110301	1	0	0		1089392.23	0.050000	5898.33	20110901
126	360	20110301	1	0	0		737806.67	0.051250	4050.99	20110901
127	360	20110301	1	0	0		840236.61	0.046250	4361.19	20110901
128	360	20110501	1	0	0		460309.30	0.053750	2620.67	20110901
129	360	20110901	1	0	0		998797.44	0.050000	5368.22	20110901

KEY	Current Payment Status	Index Type	ARM Look-back Days	Gross Margin	ARM Round Flag	ARM Round Factor	Initial Fixed Rate Period	Initial Interest Rate Cap (Change Up)	Initial Interest Rate Cap (Change Down)	Subsequent Interest Rate Reset Period
1	0	0
2	0	0
3	0	0
4	0	0
5	0	0
6	0	0
7	0	0
8	0	0
9	0	0
10	0	0
11	0	0
12	0	0
13	0	0
14	0	0
15	0	0
16	0	0
17	0	0
18	0	0
19	0	0
20	0	0
21	0	0
22	0	0
23	0	0
24	0	0
25	0	0
26	0	0
27	0	0
28	0	0
29	0	0
30	0	0
31	0	0
32	0	0
33	0	0
34	0	0
35	0	0
36	0	0
37	0	0
38	0	0
39	0	0
40	0	0
41	0	0
42	0	0
43	0	0
44	0	0
45	0	0
46	0	0
47	0	0
48	0	0
49	0	0
50	0	0
51	0	0
52	0	0
53	0	0
54	0	0
55	0	0
56	0	0
57	0	0
58	0	0
59	0	0
60	0	0
61	0	0
62	0	0
63	0	0
64	0	0
65	0	0
66	0	0
67	0	0
68	0	0
69	0	0
70	0	0
71	0	0
72	0	0
73	0	0
74	0	0
75	0	0
76	0	0
77	0	0
78	0	0
79	0	0
80	0	0
81	0	0
82	0	0
83	0	0
84	0	0
85	0	0
86	0	0
87	0	0
88	0	0
89	0	0
90	0	0
91	0	0
92	0	0
93	0	0
94	0	0
95	0	0
96	0	0
97	0	0
98	0	0
99	0	0
100	0	0
101	0	0
102	0	0
103	0	0
104	0	0
105	0	0
106	0	0
107	0	0
108	0	0
109	0	0
110	0	0
111	0	0
112	0	0
113	0	0
114	0	0
115	0	0
116	0	0
117	0	0
118	0	0
119	0	0
120	0	0
121	0	0
122	0	0
123	0	0
124	0	0
125	0	0
126	0	0
127	0	0
128	0	0
129	0	0

KEY	Subsequent Interest Rate Cap (Change Down)	Subsequent Interest Rate Cap (Change Up)	Lifetime Maximum Rate (Ceiling)	Lifetime Minimum Rate (Floor)	Negative Amortization Limit	Initial Negative Amortization Recast Period	Subsequent Negative Amortization Recast Period	Initial Fixed Payment Period	Subsequent Payment Reset Period	Initial Periodic Payment Cap
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129

KEY	Subsequent Periodic Payment Cap	Initial Minimum Payment Reset Period	Subsequent Minimum Payment Reset Period	Option ARM Indicator	Options at Recast	Initial Minimum Payment	Current Minimum Payment	Prepayment Penalty Calculation	Prepayment Penalty Type	Prepayment Penalty Total Term
1				0						0
2				0						0
3				0						0
4				0						0
5				0						0
6				0						0
7				0						0
8				0						0
9				0						0
10				0						0
11				0						0
12				0						0
13				0						0
14				0						0
15				0						0
16				0						0
17				0						0
18				0						0
19				0						0
20				0						0
21				0						0
22				0						0
23				0						0
24				0						0
25				0						0
26				0						0
27				0						0
28				0						0
29				0						0
30				0						0
31				0						0
32				0						0
33				0						0
34				0						0
35				0						0
36				0						0
37				0						0
38				0						0
39				0						0
40				0						0
41				0						0
42				0						0
43				0						0
44				0						0
45				0						0
46				0						0
47				0						0
48				0						0
49				0						0
50				0						0
51				0						0
52				0						0
53				0						0
54				0						0
55				0						0
56				0						0
57				0						0
58				0						0
59				0						0
60				0						0
61				0						0
62				0						0
63				0						0
64				0						0
65				0						0
66				0						0
67				0						0
68				0						0
69				0						0
70				0						0
71				0						0
72				0						0
73				0						0
74				0						0
75				0						0
76				0						0
77				0						0
78				0						0
79				0						0
80				0						0
81				0						0
82				0						0
83				0						0
84				0						0
85				0						0
86				0						0
87				0						0
88				0						0
89				0						0
90				0						0
91				0						0
92				0						0
93				0						0
94				0						0
95				0						0
96				0						0
97				0						0
98				0						0
99				0						0
100				0						0
101				0						0
102				0						0
103				0						0
104				0						0
105				0						0
106				0						0
107				0						0
108				0						0
109				0						0
110				0						0
111				0						0
112				0						0
113				0						0
114				0						0
115				0						0
116				0						0
117				0						0
118				0						0
119				0						0
120				0						0
121				0						0
122				0						0
123				0						0
124				0						0
125				0						0
126				0						0
127				0						0
128				0						0
129				0						0

KEY	Prepayment Penalty Hard Term	Primary Borrower ID	Number of Mortgaged Properties	Total Number of Borrowers	Self-employment Flag	Current ‘Other’ Monthly Payment	Length of Employment: Borrower	Length of Employment: Co- Borrower	Years in Home	FICO Model Used
1		327	1	2	1		4.00	10.50	14.42	1
2		43	1	1	1		4.90		13.50	1
3		113	1	2	0		7.90		3.00	1
4		200	3	2	0		99.00		6.75	1
5		430	2	2	0		11.60		9.75	1
6		54	1	2	0		4.90	4.40	3.75	1
7		268	3	2	1		13.00	13.50	14.58	1
8		167	3	2	1		39.20		4.83	1
9		159	1	1	0		34.50		18.83	1
10		126	1	2	0		3.70	18.60	19.58	1
11		400	3	2	0		0.50		0.00	1
12		258	4	2	1		36.10	36.10	7.92	1
13		469	2	1	1		15.50		0.00	1
14		135	1	2	0		10.10		0.00	1
15		345	2	2	0		3.50		0.00	1
16		85	4	1	1		8.92		0.00	1
17		203	1	2	0		23.90		13.50	1
18		408	1	1	0		2.53		0.00	1
19		60	1	2	0		2.10		2.08	1
20		128	1	2	1		15.50		13.58	1
21		416	1	2	0		10.00		0.00	1
22		423	1	2	0		18.70		0.00	1
23		357	1	2	0		4.50	21.30	6.25	1
24		371	3	2	1		6.00	6.60	0.00	1
25		231	2	2	0		12.50		0.00	1
26		455	2	2	0		3.59	9.17	0.00	1
27		62	1	2	0		11.50	4.50	4.58	1
28		275	2	2	1		11.27		0.42	1
29		225	1	2	0		2.75	5.00	3.25	1
30		29	2	2	0		25.70	27.20	0.00	1
31		467	1	2	0		5.20	4.70	0.00	1
32		294	1	2	1		6.70		11.17	1
33		32	1	2	1		3.50		10.17	1
34		288	1	2	0		0.50		0.00	1
35		86	1	2	0		0.57		0.00	1
36		201	2	2	1		7.40	7.40	0.00	1
37		298	2	2	1		30.00		0.00	1
38		295	2	2	1		6.42	3.51	0.00	1
39		71	2	2	0		8.00	1.50	0.00	1
40		246	2	2	1		3.45		0.00	1
41		421	2	2	0		8.60		0.00	1
42		282	2	2	1		2.68		3.33	1
43		332	2	2	0		23.00		0.00	1
44		432	2	2	0		0.49	0.28	0.00	1
45		321	1	2	0		0.25		0.00	1
46		3	1	2	0		3.50		2.00	1
47		276	1	2	0		0.40		0.00	1
48		274	2	1	0		2.00		0.00	1
49		185	2	2	0		4.20		0.00	1
50		236	1	1	1		30.00		5.50	1
51		161	1	2	0		18.60		0.00	1
52		253	1	1	0		9.10		2.00	1
53		131	1	1	1		28.90		4.50	1
54		339	1	2	0		0.50	7.10	8.42	1
55		296	2	2	0		13.24	13.79	0.00	1
56		459	1	2	1		35.00		6.75	1
57		22	1	2	0		0.20	4.00	6.08	1
58		51	1	1	1		1.96		0.00	1
59		429	1	1	0		1.40		0.83	1
60		356	1	1	1		34.50		18.42	1
61		237	2	2	0		0.25	1.80	0.00	1
62		173	2	2	0		0.82	12.36	0.25	1
63		388	1	1	0		3.50		2.92	1
64		315	1	2	0		0.50		0.00	1
65		104	1	1	0		0.50		0.00	1
66		334	1	2	0		11.35		6.00	1
67		114	1	2	0		16.00		0.00	1
68		184	1	2	0		2.01		1.90	1
69		297	1	2	0		7.13		4.42	1
70		95	1	2	1		0.00	13.22	5.08	1
71		108	1	2	0		24.50		0.00	1
72		320	1	2	0		5.00	15.00	5.00	1
73		25	2	1	0		15.83		0.00	1
74		23	2	2	0		0.00	6.00	0.00	1
75		431	2	2	0		0.36		0.00	1
76		309	1	1	0		0.50		0.00	1
77		116	1	2	0		8.39		0.00	1
78		41	2	2	0		5.75	0.50	0.00	1
79		162	1	2	0		0.75	3.31	0.00	1
80		96	1	2	0		9.14		13.00	1
81		451	2	2	0		9.54	3.58	0.00	1
82		199	1	1	0		4.70		0.00	1
83		299	2	2	0		12.09	11.10	0.42	1
84		380	3	2	1		28.00	2.00	0.00	1
85		107	2	2	0		12.30	8.60	0.00	1
86		181	1	2	0		19.00		6.75	1
87		74	1	1	0		13.40		0.00	1
88		382	1	2	0		0.10		0.00	1
89		112	2	2	0		11.00		0.00	1
90		443	1	2	0		1.80	16.00	10.75	1
91		204	1	2	0		99.00		11.17	1
92		447	2	2	0		23.78		0.00	1
93		158	2	1	0		5.21		0.00	1
94		176	2	2	0		6.76	13.44	0.00	1
95		404	1	2	0		99.00		11.00	1
96		409	1	2	0		17.10		0.00	1
97		425	1	2	1		6.90	18.90	9.67	1
98		160	1	2	0		19.90		7.08	1
99		144	1	1	0		9.70		10.25	1
100		335	1	2	1		3.59	15.68	5.83	1
101		405	1	2	0		10.76	5.75	5.75	1
102		182	1	2	0		1.40	6.30	3.67	1
103		52	1	2	0		12.30	8.60	0.25	1
104		358	2	2	1		8.70	8.70	3.67	1
105		190	1	2	0		7.92	11.00	1.00	1
106		347	1	2	0		0.00	1.34	0.00	1
107		386	2	2	0		0.80	3.70	0.58	1
108		454	1	2	0		13.00	11.00	3.75	1
109		230	2	1	1		9.00		0.00	1
110		202	2	1	0		0.20		0.00	1
111		238	2	2	1		9.84	4.26	2.33	1
112		15	2	1	0		12.90		0.00	1
113		326	1	2	0		12.26	5.84	3.17	1
114		154	1	2	0		5.50	4.10	0.00	1
115		152	1	1	0		0.40		0.00	1
116		8	1	1	1		9.00		2.83	1
117		151	1	2	0		2.40	22.00	0.40	1
118		293	1	2	0		0.20		0.00	1
119		373	2	1	1		7.84		0.67	1
120		30	2	2	0		2.20	10.40	3.42	1
121		333	1	2	0		1.20		7.00	1
122		98	1	2	0		0.25	2.09	1.75	1
123		94	1	2	0		7.40	7.40	5.83	1
124		56	1	2	0		6.20		12.75	1
125		130	2	2	1		14.85		0.92	1
126		328	2	1	0		7.50		0.00	1
127		285	1	2	0		7.50		0.00	1
128		426	4	1	1		21.43		0.00	1
129		183	3	2	1		20.02		0.00	1

KEY	Most Recent FICO Date	Primary Wage Earner Original FICO: Equifax	Primary Wage Earner Original FICO: Experian	Primary Wage Earner Original FICO: TransUnion	Secondary Wage Earner Original FICO: Equifax	Secondary Wage Earner Original FICO: Experian	Secondary Wage Earner Original FICO: TransUnion	Original Primary Borrower FICO	Most Recent Primary Borrower FICO	Most Recent Co- Borrower FICO
1	20110825							788	784
2	20110825							794	786
3	20110825							732	788
4	20110825							786	774
5	20110825							764	788
6	20110825							725	716
7	20110825							730	759
8	20110825							777	745
9	20110825							812	807
10	20110825							769	765
11	20110825							774	773
12	20110825							757	767
13	20110825							717	708
14	20110825							775	778
15	20110825							789	797
16	20110825							754	774
17	20110825							735	767
18	20110825							791	791
19	20110825							772	789
20	20110825							732	719
21	20110825							716	719
22	20110825							702	697
23								790
24	20110825							746	767
25	20110825							779	791
26								782
27	20110825							771	798
28								768
29								789
30								804
31								803
32								799
33								750
34								713
35								775
36								783
37								794
38								808
39								725
40								757
41								711
42								783
43								759
44								782
45								773
46								797
47	20110825							777	797
48								770
49								731
50	20110825							783	799
51	20110825							772	777
52	20110825							800	813
53	20110825							776	747
54	20110825							778	693
55	20110825							795	775
56	20110825							800	792
57	20110825							762	753
58								791
59	20110825							782	775
60	20110825							799	797
61	20110825							776	776
62	20110825							760	755
63	20110825							727	731
64	20110825							784	681
65	20110825							780	743
66								775
67	20110825							739	721
68								809
69	20110825							791	769
70								751
71	20110825							787	801
72	20110825							788	786
73	20110825							710	761
74	20110825							815	808
75								786
76	20110825							759	664
77								788
78								791
79	20110825							779	790
80	20110825							776	790
81	20110825							796	790
82	20110825							790	758
83								793
84								820
85								749
86	20110825							808	801
87	20110825							777	815
88	20110825							801	806
89								775
90	20110825							778	757
91	20110825							779	767
92	20110825							802	794
93	20110825							774	733
94	20110825							767	776
95								801
96	20110825							767	689
97	20110825							809	805
98	20110825							748	736
99	20110825							801	807
100	20110825							772	790
101	20110825							793	773
102	20110825							782	764
103	20110825							760	736
104	20110825							731	752
105	20110825							791	793
106	20110825							789	796
107	20110825							782	780
108	20110825							792	788
109	20110825							770	758
110	20110825							799	812
111	20110825							770	786
112	20110825							773	763
113	20110825							790	783
114	20110825							781	761
115	20110825							793	787
116	20110825							779	796
117	20110825							756	767
118	20110825							808	792
119	20110825							748	701
120	20110825							800	806
121	20110825							809	796
122	20110825							789	795
123	20110825							816	809
124	20110825							774	789
125	20110825							740	729
126	20110825							772	713
127	20110825							780	783
128	20110825							786	787
129								780

KEY	Most Recent FICO Method	VantageScore: Primary Borrower	VantageScore: Co- Borrower	Most Recent VantageScore Method	VantageScore Date	Credit Report: Longest Trade Line	Credit Report: Maximum Trade Line	Credit Report: Number of Trade Lines	Credit Line Usage Ratio	Most Recent 12- month Pay History
1										000000000000
2										000000000000
3										000000000000
4										000000000000
5										000000000000
6										000000000000
7										000000000000
8										000000000000
9										000000000000
10										000000000000
11										000000000000
12										000000000000
13										000000000000
14										000000000000
15										000000000000
16										000000000000
17										000000000000
18										000000000000
19										000000000000
20										000000000000
21										000000000000
22										000000000000
23										000000000000
24										000000000000
25										000000000000
26										000000000000
27										000000000000
28										000000000000
29										000000000000
30										000000000000
31										000000000000
32										000000000000
33										000000000000
34										000000000000
35										000000000000
36										000000000000
37										000000000000
38										000000000000
39										000000000000
40										000000000000
41										000000000000
42										000000000000
43										000000000000
44										000000000000
45										000000000000
46										000000000000
47										000000000000
48										000000000000
49										000000000000
50										000000000000
51										000000000000
52										000000000000
53										000000000000
54										000000000000
55										000000000000
56										000000000000
57										000000000000
58										000000000000
59										000000000000
60										000000000000
61										000000000000
62										000000000000
63										000000000000
64										000000000000
65										000000000000
66										000000000000
67										000000000000
68										000000000000
69										000000000000
70										000000000000
71										000000000000
72										000000000000
73										000000000000
74										000000000000
75										000000000000
76										000000000000
77										000000000000
78										000000000000
79										000000000000
80										000000000000
81										000000000000
82										000000000000
83										000000000000
84										000000000000
85										000000000000
86										000000000000
87										000000000000
88										000000000000
89										000000000000
90										000000000000
91										000000000000
92										000000000000
93										000000000000
94										000000000000
95										000000000000
96										000000000000
97										000000000000
98										000000000000
99										000000000000
100										000000000000
101										000000000000
102										000000000000
103										000000000000
104										000000000000
105										000000000000
106										000000000000
107										000000000000
108										000000000000
109										000000000000
110										000000000000
111										000000000000
112										000000000000
113										000000000000
114										000000000000
115										000000000000
116										000000000000
117										000000000000
118										000000000000
119										000000000000
120										000000000000
121										000000000000
122										000000000000
123										000000000000
124										000000000000
125										000000000000
126										000000000000
127										000000000000
128										000000000000
129										000000000000

KEY	Months Bankruptcy	Months Foreclosure	Primary Borrower Wage Income	Co-Borrower Wage Income	Primary Borrower Other Income	Co-Borrower Other Income	All Borrower Wage Income	All Borrower Total Income	4506-T Indicator	Borrower Income Verification Level
1			11169.00	11203.00	0.00	0.00	22372.00	22372.00	N	4
2			30158.00		0.00		30158.00	30158.00	N	5
3			20719.00		13673.00		20719.00	34392.00	N	5
4			0.00	0.00	22630.48	772.30	0.00	23402.78	N	5
5			41250.00		6781.00		41250.00	48031.00	N	5
6			25649.00	14583.00	0.00	0.00	40232.00	40232.00	N	5
7				22245.75		0.00	22245.75	22245.75	N	4
8			8888.00		4147.00		8888.00	13035.00	N	5
9			89166.70		0.00		89166.70	89166.70	N	5
10			22399.00	11115.00	-881.00	0.00	33514.00	32633.00	N	5
11			28333.32		0.00		28333.32	28333.32	N	5
12			31940.00	31940.00	16040.61	9576.00	63880.00	89496.61	N	4
13			28702.00		0.00		28702.00	28702.00	N	5
14			50000.00		0.00		50000.00	50000.00	N	5
15			21651.00		1308.00		21651.00	22959.00	N	5
16			80068.00		28770.00		80068.00	108838.00	N	5
17			14000.00		0.00		14000.00	14000.00	N	5
18			23750.00		0.00		23750.00	23750.00	N	5
19			31704.55		0.00		31704.55	31704.55	N	5
20			61043.00	0.00	2571.00	501.00	61043.00	64115.00	N	4
21			25944.00		0.00		25944.00	25944.00	N	5
22			21150.00		2695.97		21150.00	23845.97	N	5
23			7256.00	5580.00	0.00	0.00	12836.00	12836.00	N	5
24			0.00	9616.00	23160.00	0.00	9616.00	32776.00	N	5
25			52737.00		0.00		52737.00	52737.00	Y	5
26			12671.69	14583.33	0.00	0.00	27255.02	27255.02	Y	5
27			5122.00	13866.00	0.00	0.00	18988.00	18988.00	N	5
28			54000.00		0.00		54000.00	54000.00	Y	5
29			8166.67	12168.00	0.00	0.00	20334.67	20334.67	Y	5
30			11014.00	15900.00	0.00	0.00	26914.00	26914.00	N	5
31			10383.00	10325.00	0.00	0.00	20708.00	20708.00	N	5
32			18173.42		0.00		18173.42	18173.42	N	4
33			0.00		28827.42		0.00	28827.42	N	4
34			22916.68		0.00		22916.68	22916.68	N	5
35			13535.46		0.00		13535.46	13535.46	N	5
36			0.00	0.00	41718.00	46818.00	0.00	88536.00	N	5
37			46978.67		0.00		46978.67	46978.67	N	4
38			36937.50	7980.83	0.00	0.00	44918.33	44918.33	Y	4
39			12750.01	3427.92	0.00	0.00	16177.93	16177.93	N	5
40			166503.00		0.00		166503.00	166503.00	Y	4
41			18671.00		4515.00		18671.00	23186.00	N	5
42			32996.00		-58.00		32996.00	32938.00	N	5
43			25000.00		0.00		25000.00	25000.00	Y	5
44			19647.33	4357.00	0.00	0.00	24004.33	24004.33	N	5
45			26250.00		0.00		26250.00	26250.00	N	5
46			35706.67		0.00		35706.67	35706.67	Y	5
47			17500.00		0.00		17500.00	17500.00	Y	5
48			25679.08		0.00		25679.08	25679.08	Y	5
49			11666.66		8705.00		11666.66	20371.66	Y	5
50			5713.70		11765.00		5713.70	17478.70	N	5
51			23750.00		0.00		23750.00	23750.00	N	5
52			14500.00		15791.67		14500.00	30291.67	N	5
53			42531.67		0.00		42531.67	42531.67	Y	5
54			16713.63		-250.00		16713.63	16463.63	N	5
55			13000.00	10230.65	-13.17	0.00	23230.65	23217.48	Y	5
56			9188.00		27578.00		9188.00	36766.00	Y	4
57			12500.00	11299.99	0.00	0.00	23799.99	23799.99	Y	5
58			12972.34		0.00		12972.34	12972.34	Y	5
59			21145.84		0.00		21145.84	21145.84	N	5
60			7411.00		3544.00		7411.00	10955.00	Y	4
61			13750.01	15944.35	0.00	0.00	29694.36	29694.36	Y	5
62			14583.33	14377.08	-1118.00	6086.67	28960.41	33929.08	Y	5
63			16270.52		0.00		16270.52	16270.52	Y	5
64			16250.00		0.00		16250.00	16250.00	Y	5
65			16666.66		0.00		16666.66	16666.66	Y	5
66			11380.74	0.00	15031.25	1047.00	11380.74	27458.99	Y	5
67			21666.68		0.00		21666.68	21666.68	Y	5
68			11147.59		0.00		11147.59	11147.59	Y	5
69			13211.96		0.00		13211.96	13211.96	Y	5
70				41666.67		-598.79	41666.67	41067.88	Y	5
71			67989.60		0.00		67989.60	67989.60	Y	5
72			14454.17	9479.17	0.00	0.00	23933.34	23933.34	Y	5
73			31250.00		52303.00		31250.00	83553.00	Y	5
74				13152.58		14953.40	13152.58	28105.98	N	5
75			16666.67		0.00		16666.67	16666.67	Y	5
76			41666.67		0.00		41666.67	41666.67	Y	5
77			12141.67		2470.11		12141.67	14611.78	Y	5
78			22085.35	9225.86	-1122.17	0.00	31311.21	30189.04	Y	5
79			5416.67	16681.34	0.00	0.00	22098.01	22098.01	Y	5
80			8583.34	0.00	5607.30	1009.40	8583.34	15200.04	Y	5
81			11351.44	11250.00	0.00	0.00	22601.44	22601.44	Y	5
82			20000.00		-2093.67		20000.00	17906.33	Y	5
83			3333.33	5897.42	15443.48	0.00	9230.75	24674.23	Y	5
84			38724.17		0.00		38724.17	38724.17	Y	4
85			11878.67	6707.50	0.00	0.00	18586.17	18586.17	Y	5
86			25000.00		-427.00		25000.00	24573.00	N	5
87			18334.00		-2187.00		18334.00	16147.00	N	5
88			13333.34		0.00		13333.34	13333.34	N	5
89			29166.67		16542.00		29166.67	45708.67	Y	5
90			0.00	15733.94	0.00	197.78	15733.94	15931.72	Y	5
91			0.00	0.00	16572.66	1050.40	0.00	17623.06	Y	5
92			17784.50		0.00		17784.50	17784.50	Y	5
93			20522.65		0.00		20522.65	20522.65	Y	5
94			21250.00	14583.34	0.00	0.00	35833.34	35833.34	Y	5
95			0.00		14968.90		0.00	14968.90	Y	5
96			18751.20		0.00		18751.20	18751.20	N	5
97			13333.33	33669.08	-89.00	0.00	47002.41	46913.41	N	4
98			18750.00		0.00		18750.00	18750.00	N	5
99			20000.07		0.00		20000.07	20000.07	N	5
100			14892.12	2164.34	4616.79	-279.63	17056.46	21393.62	N	4
101			4956.12	14875.00	2055.56	0.00	19831.12	21886.68	N	5
102			17230.43	10234.03	0.00	0.00	27464.46	27464.46	N	5
103			22229.35	9746.44	0.00	0.00	31975.79	31975.79	N	5
104			4500.00	6000.00	1503.00	994.16	10500.00	12997.16	Y	4
105			7698.14	12500.00	-478.50	0.00	20198.14	19719.64	N	5
106				13500.00		0.00	13500.00	13500.00	N	5
107			19166.67	16119.56	0.00	0.00	35286.23	35286.23	N	5
108			20833.33		8250.92		20833.33	29084.25	Y	5
109			20900.00		38790.58		20900.00	59690.58	Y	5
110			20416.68		0.00		20416.68	20416.68	N	5
111			28763.00	4645.67	0.00	0.00	33408.67	33408.67	Y	4
112			21363.88		0.00		21363.88	21363.88	N	5
113			11122.77	12313.71	3057.30	0.00	23436.48	26493.78	N	5
114			9066.21	16140.78	0.00	0.00	25206.99	25206.99	N	5
115			16666.67		0.00		16666.67	16666.67	N	4
116			23010.00		30408.00		23010.00	53418.00	Y	4
117			14916.66	9409.26	0.00	0.00	24325.92	24325.92	N	5
118			15833.33	0.00	0.00	10324.00	15833.33	26157.33	N	5
119			0.00		25455.00		0.00	25455.00	Y	4
120			10701.08	10106.26	0.00	0.00	20807.34	20807.34	N	5
121			17500.02		0.00		17500.02	17500.02	N	5
122			8750.00	12750.00	0.00	0.00	21500.00	21500.00	N	5
123			24064.81	14238.21	0.00	0.00	38303.02	38303.02	N	5
124			19583.33		0.00		19583.33	19583.33	N	5
125			42978.08		1133.75		42978.08	44111.83	Y	4
126			22947.58		12879.00		22947.58	35826.58	N	5
127			12774.00		3029.00		12774.00	15803.00	N	5
128			83380.00		-9686.00		83380.00	73694.00	N	4
129			0.00		71360.00		0.00	71360.00	N	5

KEY	Co-Borrower Income Verification	Borrower Employment Verification	Co-Borrower Employment Verification	Borrower Asset Verification	Co-Borrower Asset Verification	Liquid / Cash Reserves	Monthly Debt All Borrowers	Originator DTI	Fully Indexed Rate	Qualification Method
1		3		4		283503.04	6095.28	0.272451		1
2		3		3		263421.97	6862.87	0.227564		1
3		3		4		400691.12	6097.05	0.177281		1
4		3		3		831460.55	9073.54	0.387712		1
5		3		4		1421270.12	13866.24	0.288694		1
6		3		3		112045.83	7968.78	0.198071		1
7		3		3		143837.04	6415.99	0.288414		1
8		3		4		92037.48	4684.63	0.359389		1
9		3		4		1135400.19	13550.68	0.151970		1
10		3		4		85575.09	7685.69	0.235519		1
11		3		4		136717.06	10501.88	0.370655		1
12		3		4		625678.54	26022.21	0.290762		1
13		3		4		105323.66	8887.43	0.309645		1
14		3		4		918918.16	6635.35	0.132707		1
15		3		3		65544.76	5869.24	0.255640		1
16		3		4		772204.15	8496.45	0.078065		1
17		3		3		33984.97	5120.09	0.365721		1
18		3		4		192791.66	5299.57	0.223140		1
19		3		4		942176.63	3985.30	0.125701		1
20		3		3		32266.12	7892.21	0.123095		1
21		3		4		78908.76	7504.48	0.289257		1
22		3		4		74028.40	4992.77	0.209376		1
23		3		4		107837.78	3473.48	0.270605		1
24		3		4		127378.70	7462.88	0.227693		1
25		3		4		214786.21	14986.12	0.284167		1
26		3		4		142196.35	9231.44	0.338706		1
27		3		4		73553.64	4839.05	0.254848		1
28		3		4		694297.66	6551.69	0.121328		1
29		3		4		243384.62	5515.18	0.271221		1
30		3		4		624946.22	6944.70	0.258033		1
31		3		4		295350.24	4041.64	0.195173		1
32		3		4		990222.78	5788.62	0.318521		1
33		2		4		11352093.87	6160.40	0.213699		1
34		3		4		47225.73	7135.08	0.311349		1
35		3		4		331839.26	4825.24	0.356489		1
36		3		4		636972.82	12612.23	0.142453		1
37		3		4		114318.87	7879.69	0.167729		1
38		3		4		655844.79	11620.61	0.258705		1
39		3		4		112900.06	6397.89	0.395470		1
40		3		4		2787683.31	12782.75	0.076772		1
41		3		4		264392.69	6308.35	0.272076		1
42		3		4		119170.07	7570.39	0.229838		1
43		3		4		191378.92	3844.36	0.153774		1
44		3		4		1654939.96	5931.41	0.247098		1
45		3		4		81868.83	5506.82	0.209784		1
46		2		4		221626.12	8026.50	0.224790		1
47		3		4		215668.52	6720.16	0.384009		1
48		3		4		380884.93	9847.06	0.383466		1
49		3		4		87447.39	7989.78	0.392201		1
50		3		4		111229.09	6854.01	0.392135		1
51		3		4		241174.61	7427.19	0.312724		1
52		3		4		561811.50	7423.10	0.245054		1
53		3		4		343036.35	12596.93	0.296178		1
54		3		3		66748.05	6690.59	0.406386		1
55		3		4		388157.64	6438.69	0.277321		1
56		3		3		358273.27	7047.53	0.191686		1
57		3		4		280556.84	6823.78	0.286714		1
58		2		4		78931.67	4169.37	0.321405		1
59		3		4		7727.85	5574.12	0.263604		1
60		3		4		517443.08	4364.05	0.398361		1
61		3		4		494888.09	11975.28	0.403285		1
62		3		4		402654.46	14792.18	0.435974		1
63		3		4		197527.92	6289.87	0.386581		1
64		3		4		36239.04	5614.67	0.345518		1
65		3		4		655052.21	4598.41	0.275905		1
66		3		4		188342.46	10841.20	0.394814		1
67		2		4		377563.91	5830.26	0.269089		1
68		3		4		132398.24	4102.32	0.368001		1
69		3		4		124358.78	4229.86	0.320154		1
70		2		3		145464.61	8494.51	0.206841		1
71		3		4		4467838.72	17977.63	0.264417		1
72		3		4		121352.30	5367.02	0.224249		1
73		3		4		916526.64	15098.73	0.180708		1
74		3		4		302194.55	5742.66	0.204322		1
75		3		4		149271.85	6628.76	0.397726		1
76		3		4		257930.95	14625.29	0.351007		1
77		3		4		73579.79	4503.01	0.308177		1
78		3		4		237672.60	7899.99	0.261684		1
79		2		4		167470.57	7194.43	0.325569		1
80		3		4		1363675.11	5616.27	0.369490		1
81		3		4		317710.37	8777.37	0.388354		1
82		3		4		288935.18	6863.62	0.383307		1
83		3		4		340897.55	10461.10	0.423969		1
84		2		4		55517.18	6823.17	0.176199		1
85		3		4		47490.78	6049.61	0.325490		1
86		3		4		418251.19	3394.31	0.138132		1
87		3		3		53900.45	4885.27	0.302550		1
88		3		4		326264.22	3706.00	0.277950		1
89		3		4		73380.88	12580.00	0.275221		1
90		3		4		272325.86	7289.13	0.457523		1
91		3		4		1805786.71	3902.69	0.221454		1
92		3		4		203052.61	5883.93	0.330846		1
93		3		4		111019.94	6257.76	0.304920		1
94		3		4		337621.08	7422.71	0.207145		1
95		3		4		888451.20	3852.87	0.257392		1
96		3		4		193118.10	4971.91	0.265152		1
97		2		4		800982.75	10151.51	0.216388		1
98		3		4		48886.55	5424.41	0.289302		1
99		3		3		162810.52	7575.72	0.378785		1
100		3		4		116258.46	6177.85	0.288771		1
101		3		3		92654.34	7994.40	0.365263		1
102		3		4		166916.23	6423.72	0.233892		1
103		3		4		294377.97	6851.65	0.214276		1
104		3		4		204206.55	4412.19	0.339473		1
105		3		4		118189.55	5282.38	0.267874		1
106		3		4		237911.45	5318.60	0.393970		1
107		3		4		753308.26	11155.75	0.316150		1
108		3		4		4643018.75	8471.65	0.291280		1
109		3		4		517304.99	17025.63	0.285231		1
110		3		4		824194.84	4380.14	0.214537		1
111		3		4		77861.77	11041.48	0.330497		1
112		3		4		138424.91	4401.60	0.206030		1
113		3		4		4660.53	6085.62	0.229700		1
114		3		4		56263.64	5863.21	0.232603		1
115		3		4		171317.79	4865.24	0.291914		1
116		2		4		251907.73	9070.95	0.169811		1
117		3		4		354186.57	8820.10	0.362580		1
118		3		4		213491.09	7290.56	0.278720		1
119		3		4		9549.92	7818.76	0.307160		1
120		3		4		20344.41	7090.81	0.340784		1
121		3		3		63927.44	5026.58	0.287233		1
122		3		3		104907.97	6401.72	0.297754		1
123		3		4		124201.72	3756.98	0.098086		1
124		3		4		240728.72	3925.74	0.200463		1
125		3		4		135048.31	8903.33	0.201835		1
126		3		4		115649.99	9306.88	0.259776		1
127		3		4		402929.07	5979.19	0.378358		1
128		3		4		122186.47	12962.89	0.175902		1
129		3		4		2281505.11	15691.17	0.219887		1

KEY	Percentage of Down Payment from Borrower Own Funds	City	State	Postal Code	Property Type	Occupancy	Sales Price	Original Appraised Property Value
1	0.000000	XXXXXXX	XX	00000	1	1		1230000.00
2	0.000000	XXX XXXXXXXXX	XX	00000	1	1		1895000.00
3	0.000000	XXXXXXX XXXX	XX	00000	1	2		1250000.00
4	0.000000	XXXXXX	XX	00000	7	1		1050000.00
5	0.000000	XXXXXXX	XX	00000	7	2		1600000.00
6	0.000000	XXXXXXXXXX	XX	00000	1	1		2100000.00
7	0.000000	XXXXXX	XX	00000	1	1		1100000.00
8	0.000000	XXXX XXXXX	XX	00000	1	1		800000.00
9	0.000000	XXXXXXXXXX	XX	00000	1	1		1300000.00
10	0.000000	XXXXXXX	XX	00000	1	1		1250000.00
11	100.000000	XXXXXXX XXXXX	XX	00000	4	1	1040000.00	1050000.00
12	0.000000	XXXXXXXXX	XX	00000	1	1		1700000.00
13	100.000000	XXXXXXX	XX	00000	1	1	770000.00	770000.00
14	100.000000	XXXXXX	XX	00000	7	1	887000.00	896000.00
15	100.000000	XXXXXXXXX	XX	00000	7	1	1022000.00	1050000.00
16	100.000000	XXXXXXXXXXX	XX	00000	7	1	1750000.00	1750000.00
17		XXXXXXXX	XX	00000	1	1		1035000.00
18	100.000000	XXXXXXX	XX	00000	1	1	912500.00	925000.00
19	0.000000	XXXXXXXXXXX	XX	00000	1	1		650000.00
20	0.000000	XXXXXXXXX	XX	00000	7	1		1100000.00
21	100.000000	XXXXX	XX	00000	1	1	1150000.00	1150000.00
22	100.000000	XXXXXXX	XX	00000	7	1	789900.00	911000.00
23	0.000000	XXXXX XXXXX	XX	00000	7	1		555000.00
24	100.000000	XXXX	XX	00000	7	1	700000.00	820000.00
25	100.000000	XXXXXXX XXXXX	XX	00000	7	1	2050000.00	2050000.00
26	100.000000	XXXXXXXXXX	XX	00000	7	1	760000.00	760000.00
27	0.000000	XXXXXXXX XXXXXXX	XX	00000	7	1		1025000.00
28	0.000000	XXXXXXX	XX	00000	7	1		1100000.00
29	0.000000	XXXXXXXX	XX	00000	7	1		1300000.00
30	100.000000	XXXX XXXXX	XX	00000	1	2	780000.00	850000.00
31	100.000000	XXXXXXX	XX	00000	1	1	630000.00	650000.00
32	0.000000	XXXXXXXXX XXXXXXX	XX	00000	7	1		1540000.00
33	0.000000	XXXXXXXX	XX	00000	1	1		1200000.00
34	100.000000	XXXXXXX	XX	00000	1	1	1005000.00	1005000.00
35	100.000000	XXXXXX XXXX	XX	00000	7	1	650000.00	650000.00
36	100.000000	XXXXXX XXXXXX	XX	00000	1	2	1300000.00	1300000.00
37	100.000000	XXXXXXX	XX	00000	3	1	849950.00	850000.00
38	100.000000	XXXXXX	XX	00000	1	1	1800000.00	1800000.00
39	49.400000	XXXXXXXXXXXXX	XX	00000	1	1	732000.00	785000.00
40	100.000000	XXXXXXXXX	XX	00000	1	1	2380000.00	2380000.00
41	100.000000	XXXXX	XX	00000	1	1	950000.00	950000.00
42	0.000000	XXXXXXXXXX XXXXX	XX	00000	1	1		880000.00
43	100.000000	XXXXXXXXX XXXXX	XX	00000	6	1	585000.00	586000.00
44	100.000000	XXXXXX	XX	00000	7	1	1237500.00	1250000.00
45	100.000000	XXXXXXXXX XXX	XX	00000	1	1	817500.00	817000.00
46	0.000000	XXXXXXXX	XX	00000	1	1		1575000.00
47	100.000000	XXXXXXXX	XX	00000	1	1	1075000.00	1100000.00
48	100.000000	XXXXXX	XX	00000	7	1	1300000.00	1270000.00
49	100.000000	XXXXXXXXXX	XX	00000	7	1	1110000.00	1110000.00
50	0.000000	XXXXXX	XX	00000	1	1		1665000.00
51	100.000000	THE XXXXXXXXX	XX	00000	1	1	940329.00	965000.00
52	0.000000	XXXXXXX XXXXX	XX	00000	6	1		1375000.00
53	0.000000	XXXXXXXXXX	XX	00000	6	1		2400000.00
54	0.000000	XXXXXXXX	XX	00000	1	1		975000.00
55	100.000000	XXXXXXXXX	XX	0000	1	1	862500.00	875000.00
56	0.000000	XXXXXXX XXXXX	XX	00000	6	1		1175000.00
57	0.000000	XXXXXXXXX	XX	0000	1	1		1265000.00
58	100.000000	XXX XXXXX	XX	00000	7	1	628500.00	625000.00
59	0.000000	XXXXXX	XX	00000	6	1		1070000.00
60	0.000000	XXXXXX	XX	00000	1	1		925000.00
61	100.000000	XXX XXXXX	XX	00000	6	1	1399000.00	1400000.00
62	0.000000	XXXXX XXXX	XX	00000	1	1		2000000.00
00		XXX XXXXXXXXX	XX	00000	1	1		1000000.00
64	100.000000	XXXXXXX	XX	00000	1	1	950000.00	975000.00
65	100.000000	XXXXXX	XX	00000	6	1	917500.00	918000.00
66	0.000000	XXXXXXX XXXXX	XX	00000	1	1		2525000.00
67	100.000000	XXXXXXXXX	XX	00000	1	1	870000.00	870000.00
68	0.000000	SIGNAL XXXXXXXX	XX	00000	7	1		750000.00
69	0.000000	XXXXXXXXXX	XX	00000	1	1		960000.00
70	0.000000	XXXXX XXXX	XX	00000	6	1		1150000.00
71	100.000000	XXXXXXX	XX	0000	1	1	3000000.00	3000000.00
72	0.000000	XXXXXXXX	XX	00000	6	1		875000.00
73	100.000000	XXXX XXXXXXX	XX	00000	6	1	1400000.00	1400000.00
74	100.000000	XXXXXXXX	XX	00000	6	1	600000.00	625000.00
75	91.870000	XXXXXXXXX	XX	0000	1	1	1235000.00	1235000.00
76	100.000000	PARAMUS	NJ	7652	1	1	1630000.00	1630000.00
77	99.990000	XXXXXXXXXX	XX	00000	1	1	835000.00	800000.00
78	100.000000	XXXXXXX	XX	0000	1	1	1155000.00	1155000.00
79	100.000000	XXXXXXXXX	XX	00000	1	1	1119000.00	1120000.00
80		XXXXXXX	XX	00000	6	1		960000.00
81	94.980000	XX XXXXX	XX	00000	6	1	955000.00	955000.00
82	79.980000	XXXXXXXXX	XX	00000	7	1	1525000.00	1525000.00
83	0.000000	XXX XXXXX XXXXX	XX	00000	1	1		2300000.00
84	100.000000	XXXXXXXXXX	XX	00000	1	1	775000.00	777500.00
85	4.100000	XXXXXXXXX	XX	00000	7	1	716000.00	722000.00
86	0.000000	XXXXXXXXXX	XX	00000	7	1		825000.00
87	100.000000	XXXX XXXXXX	XX	00000	1	2	790000.00	798000.00
88	100.000000	XXXX	XX	00000	1	1	570000.00	575000.00
89	100.000000	XXXXXXXXXXXX	XX	00000	1	1	1950000.00	1950000.00
90	0.000000	XXX XXXXX	XX	00000	1	1		1275000.00
91		XXXXXXX	XX	00000	1	1		660000.00
92	100.000000	XXXXXXXX	XX	00000	1	1	1050000.00	1100000.00
93	100.000000	XXXXXXXXX	XX	0000	1	1	1060000.00	1098000.00
94	100.000000	XXXX XXXXXXXXXX	XX	00000	1	1	1300000.00	1350000.00
95	0.000000	XXXXXXXX	XX	00000	1	1		991000.00
96	100.000000	XXXXXXXXX	XX	00000	1	1	599250.00	600000.00
97	0.000000	XXX XXXXXXX	XX	00000	1	1		2600000.00
98	0.000000	XXXXXX XXXX	XX	00000	6	1		700000.00
99	0.000000	XXXXX XXXXXX	XX	00000	1	1		1550000.00
100	0.000000	XXXXXX	XX	00000	1	1		870000.00
101	0.000000	XXXXXXXX	XX	00000	1	1		1100000.00
102	0.000000	XXXX XXXXXX	XX	00000	1	1		1025000.00
103	0.000000	XXXXXXXXXX	XX	00000	1	1		1700000.00
104	0.000000	XXXXXXXXX	XX	00000	6	1		730000.00
105	0.000000	XX XXXX	XX	00000	1	1		1063000.00
106	100.000000	XXXX XXXXXXX	XX	00000	1	1	830000.00	830000.00
107	0.000000	XXX XXXXXXXXX	XX	00000	1	1		1925000.00
108	0.000000	XXXX XXXXXX	XX	00000	1	1		1660000.00
109	100.000000	XXXXXX XXXX	XX	00000	1	2	925000.00	925000.00
110	100.000000	XXXXXXX	XX	00000	6	1	691396.00	720000.00
111	0.000000	XXXXXXX	XX	00000	1	1		1168000.00
112	100.000000	XXXXXXX	XX	00000	6	1	685000.00	690000.00
113	0.000000	XXXXXXXX	XX	00000	1	1		1058000.00
114	100.000000	XXX XXXXX	XX	00000	6	1	1160000.00	1160000.00
115	100.000000	XXXXXXXXXX	XX	00000	6	1	700000.00	700000.00
116	0.000000	XXXXXX XXXXX XXXXXXX	XX	00000	6	1		2000000.00
117	0.000000	XXX XXXXXXXXX	XX	00000	1	1		1900000.00
118	100.000000	XXXX XXXX XXXXX	XX	00000	1	1	1200000.00	1200000.00
119	0.000000	XXXXXXX	XX	00000	1	1		1285000.00
120	0.000000	XXXXXXXX	XX	00000	1	1		729000.00
121	0.000000	XXXXXX XXXX	XX	00000	6	1		835000.00
122	0.000000	XXXXXXXX	XX	00000	1	1		1125000.00
123	0.000000	XXXXXXXX	XX	00000	1	1		1000000.00
124	0.000000	XXXXXXXX	XX	00000	1	1		1050000.00
125	0.000000	XXXX XXXXX	XX	00000	1	1		1465000.00
126	100.000000	XXXXXXXXXX	XX	00000	1	1	930000.00	961000.00
127	100.000000	XXX XXXX	XX	00000	2	1	1305000.00	1320000.00
128	100.000000	XXXXXXXX	XX	00000	1	1	585000.00	585000.00
129	100.000000	XXX XXXXXXXX	XX	00000	1	1	1570000.00	1500000.00

KEY	Original Property Valuation Type	Original Property Valuation Date	Original Automated Valuation Model (AVM) Model Name	Original AVM Confidence Score	Most Recent Property Value2	Most Recent Property Valuation Type	Most Recent Property Valuation Date	Most Recent AVM Model Name	Most Recent AVM Confidence Score	Original CLTV	Original LTV
1	3	20100608								0.700000	0.700000
2	3	20101213								0.600000	0.527704
3	3	20100905								0.700000	0.700000
4	3	20101022								0.749524	0.566667
5	3	20101018								0.370625	0.370625
6	3	20101019								0.464560	0.464560
7	3	20101117								0.749818	0.526364
8	3	20101117								0.658750	0.658750
9	3	20101123								0.600000	0.600000
10	3	20100907								0.577084	0.577084
11	3	20101207								0.750000	0.750000
12	3	20101216								0.641176	0.641176
13	3	20101221								0.750000	0.750000
14	3	20101216								0.800000	0.800000
15	3	20101218								0.748043	0.748043
16	3	20110113								0.571429	0.571429
17	3	20101226								0.790316	0.693698
18	3	20110106								0.684932	0.684932
19	3	20101229								0.800000	0.800000
20	3	20101209								0.749144	0.525507
21	3	20110119								0.800000	0.800000
22	3	20110127								0.700000	0.700000
23	3	20110215								0.800000	0.800000
24	3	20110217								0.750000	0.750000
25	3	20110311								0.700000	0.700000
26	3	20110216								0.800000	0.800000
27	3	20110309								0.701463	0.701463
28	3	20110327								0.621278	0.621278
29	3	20110321								0.619773	0.619773
30	3	20110324								0.700000	0.700000
31	3	20110324								0.800000	0.800000
32	3	20110328								0.592403	0.462532
33	3	20110329								0.500000	0.500000
34	3	20110411								0.800000	0.800000
35	3	20110420								0.750000	0.750000
36	3	20110427								0.700000	0.700000
37	3	20110428								0.700000	0.700000
38	3	20110510								0.700000	0.700000
39	3	20110512								0.800000	0.800000
40	3	20110509								0.500000	0.500000
41	3	20110513								0.800000	0.800000
42	3	20110517								0.642045	0.642045
43	3	20110601								0.800000	0.800000
44	3	20110502								0.565657	0.565657
45	3	20110523								0.800000	0.800000
46	3	20110405								0.634286	0.634286
47	3	20110310								0.800000	0.800000
48	3	20110325								0.750000	0.750000
49	3	20110412								0.800000	0.800000
50	3	20101001								0.697357	0.697357
51	3	20100816								0.800000	0.800000
52	3	20100915								0.725847	0.725847
53	3	20100917								0.605077	0.605077
54	3	20100917								0.800000	0.800000
55	3	20110328								0.715942	0.715942
56	3	20101020								0.800000	0.800000
57	3	20101123								0.709478	0.709478
58	3	20110317								0.800000	0.800000
59	3	20101028								0.577570	0.577570
60	3	20101115								0.686139	0.686139
61	3	20101220								0.750000	0.750000
62	3	20101124								0.695000	0.695000
63	3	20101213								0.619460	0.619460
64	3	20101214								0.800000	0.800000
65	3	20101214								0.544959	0.544959
66	3	20110127								0.512779	0.512779
67	3	20110216								0.800000	0.800000
68	3	20110323								0.772509	0.772509
69	3	20110128								0.695833	0.695833
70	3	20110209								0.695652	0.695652
71	3	20110203								0.600000	0.600000
72	3	20110202								0.761232	0.761232
73	3	20110125								0.700000	0.700000
74	3	20110201								0.750000	0.750000
75	3	20110331								0.708502	0.708502
76	3	20110207								0.750000	0.750000
77	3	20110207								0.777500	0.777500
78	3	20110215								0.779221	0.779221
79	3	20110217								0.800000	0.800000
80	3	20110221								0.601042	0.601042
81	3	20110309								0.800000	0.800000
82	3	20110223								0.500328	0.500328
83	3	20110330								0.649565	0.649565
84	3	20110326								0.800000	0.800000
85	3	20110405								0.800000	0.800000
86	3	20100817								0.641091	0.641091
87	3	20100915								0.700000	0.700000
88	3	20100913								0.800000	0.800000
89	3	20110318								0.435897	0.435897
90	3	20101029								0.784314	0.784314
91	3	20101220								0.755682	0.755682
92	3	20110204								0.523810	0.523810
93	3	20110209								0.800000	0.800000
94	3	20110222								0.700000	0.700000
95	3	20110406								0.514045	0.514045
96	3	20101104								0.800000	0.800000
97	3	20101008								0.544785	0.544785
98	3	20100910								0.791286	0.791286
99	3	20100914								0.661290	0.661290
100	3	20100930								0.706897	0.706897
101	3	20101025								0.800000	0.800000
102	3	20101103								0.800000	0.800000
103	3	20101028								0.586471	0.586471
104	3	20101104								0.784498	0.784498
105	3	20101109								0.698495	0.698495
106	3	20101106								0.800000	0.800000
107	3	20101104								0.750000	0.750000
108	3	20101111								0.665663	0.665663
109	3	20101122								0.700000	0.700000
110	3	20101102								0.798385	0.798385
111	3	20101123								0.694776	0.694776
112	3	20101105								0.800000	0.800000
113	3	20101118								0.800000	0.800000
114	3	20101110								0.800000	0.800000
115	3	20101108								0.800000	0.800000
116	3	20101208								0.625000	0.625000
117	3	20101109								0.526315	0.526315
118	3	20101120								0.800000	0.800000
119	3	20101118								0.724514	0.724514
120	3	20101118								0.769547	0.769547
121	3	20101118								0.673918	0.673918
122	3	20101119								0.800000	0.800000
123	3	20101122								0.551866	0.551866
124	3	20101119								0.548571	0.548571
125	3	20101122								0.750000	0.750000
126	3	20101213								0.800000	0.800000
127	3	20101117								0.650000	0.650000
128	3	20110113								0.800000	0.800000
129	3	20110303								0.666666	0.666666

KEY	Original Pledged Assets	Mortgage Insurance Company Name	Mortgage Insurance Percent	MI: Lender or Borrower Paid?	Pool Insurance Co. Name	Pool Insurance Stop Loss %	MI Certificate Number	Updated DTI (Front-end)	Updated DTI (Back-end)	Modification Effective Payment Date	Total Capitalized Amount
1	0		0
2	0		0
3	0		0
4	0		0
5	0		0
6	0		0
7	0		0
8	0		0
9	0		0
10	0		0
11	0		0
12	0		0
13	0		0
14	0		0
15	0		0
16	0		0
17	0		0
18	0		0
19	0		0
20	0		0
21	0		0
22	0		0
23	0		0
24	0		0
25	0		0
26	0		0
27	0		0
28	0		0
29	0		0
30	0		0
31	0		0
32	0		0
33	0		0
34	0		0
35	0		0
36	0		0
37	0		0
38	0		0
39	0		0
40	0		0
41	0		0
42	0		0
43	0		0
44	0		0
45	0		0
46	0		0
47	0		0
48	0		0
49	0		0
50	0		0
51	0		0
52	0		0
53	0		0
54	0		0
55	0		0
56	0		0
57	0		0
58	0		0
59	0		0
60	0		0
61	0		0
62	0		0
63	0		0
64	0		0
65	0		0
66	0		0
67	0		0
68	0		0
69	0		0
70	0		0
71	0		0
72	0		0
73	0		0
74	0		0
75	0		0
76	0		0
77	0		0
78	0		0
79	0		0
80	0		0
81	0		0
82	0		0
83	0		0
84	0		0
85	0		0
86	0		0
87	0		0
88	0		0
89	0		0
90	0		0
91	0		0
92	0		0
93	0		0
94	0		0
95	0		0
96	0		0
97	0		0
98	0		0
99	0		0
100	0		0
101	0		0
102	0		0
103	0		0
104	0		0
105	0		0
106	0		0
107	0		0
108	0		0
109	0		0
110	0		0
111	0		0
112	0		0
113	0		0
114	0		0
115	0		0
116	0		0
117	0		0
118	0		0
119	0		0
120	0		0
121	0		0
122	0		0
123	0		0
124	0		0
125	0		0
126	0		0
127	0		0
128	0		0
129	0		0

KEY	Total Deferred Amount	Pre-Modification Interest (Note) Rate	Pre-Modification P&I Payment	Pre-Modification Initial Interest Rate Change Downward Cap	Pre-Modification Subsequent Interest Rate Cap	Pre-Modification Next Interest Rate Change Date	Pre-Modification I/O Term	Forgiven Principal Amount
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129

KEY	Forgiven Interest Amount	Number of Modifications	Cash To/From Brrw at Closing	Brrw - Yrs at in Industry	CoBrrw - Yrs at in Industry	Junior Mortgage Drawn Amount	Maturity Date	Primary Borrower Wage Income (Salary)
1				4	10.5	0.00	1/1/2041	11169.00
2				4.9		137001.00	1/1/2041	30158.00
3				21		0.00	2/1/2041	20719.00
4				0		192000.00	1/1/2041
5				11.6		0.00	1/1/2041	41250.00
6				5	5	0.00	2/1/2041	25649.00
7				13	13.5	245800.00	3/1/2041
8				40		0.00	2/1/2041	8888.00
9				34.5		0.00	2/1/2041	89166.70
10				25	18.6	0.00	1/1/2041	22399.00
11				16		0.00	2/1/2041	28333.32
12				36.1	36.1	0.00	3/1/2041	31940.00
13				15.6		0.00	2/1/2041	28702.00
14				24.5		0.00	2/1/2041	50000.00
15				6		0.00	2/1/2041	21651.00
16				8.92		0.00	3/1/2041	80068.00
17				23.9		100000.00	4/1/2041	14000.00
18				17		0.00	3/1/2041	23750.00
19				20		0.00	3/1/2041	31704.55
20				16		246000.00	3/1/2041	61043.00
21				10.16		0.00	3/1/2041	25944.00
22				18.7		0.00	3/1/2041	21150.00
23				20	21.3	0.00	5/1/2041	7256.00
24				10	15	0.00	4/1/2041
25				12.5		0.00	4/1/2041	52737.00
26				3.59	9.17	0.00	5/1/2041	12671.69
27				13	5	0.00	4/1/2041	5122.00
28				11.27		0.00	5/1/2041	54000.00
29				3	5	0.00	6/1/2041	8166.67
30				25.7	27.2	0.00	5/1/2041	11014.00
31				5.2	4.7	0.00	5/1/2041	10383.00
32				7.33		200000.00	6/1/2041	18173.42
33				3.5		0.00	6/1/2041
34				4		0.00	6/1/2041	22916.68
35				8		0.00	7/1/2041	13535.46
36				30	30	0.00	6/1/2041
37				30		0.00	6/1/2041	46978.67
38				18	5	0.00	7/1/2041	36937.50
39				8	3	0.00	6/1/2041	12750.01
40				15		0.00	7/1/2041	166503.00
41				8.6		0.00	8/1/2041	18671.00
42				15		0.00	8/1/2041	32996.00
43				23		0.00	7/1/2041	25000.00
44				4	3	0.00	6/1/2041	19647.33
45				15		0.00	7/1/2041	26250.00
46				3.5		0.00	6/1/2041	35706.67
47				16		0.00	4/1/2041	17500.00
48				2		0.00	5/1/2041	25679.08
49				4.2		0.00	6/1/2041	11666.66
50				30		0.00	1/1/2041	5713.70
51				18.6		0.00	9/1/2040	23750.00
52				29		0.00	1/1/2041	14500.00
53				28.9		0.00	1/1/2041	42531.67
54				17	7.1	0.00	1/1/2041	16713.63
55				20	20	0.00	4/1/2041	13000.00
56				35		0.00	12/1/2040	9188.00
57				25	19	0.00	2/1/2041	12500.00
58				3		0.00	5/1/2041	12972.34
59				12.5		0.00	1/1/2041	21145.84
60				34.5		0.00	2/1/2041	7411.00
61				5	5	0.00	3/1/2041	13750.01
62				12	12.36	0.00	3/1/2041	14583.33
63				3.5		0.00	3/1/2041	16270.52
64				9.5		0.00	2/1/2041	16250.00
65				22		0.00	3/1/2041	16666.66
66				11.35		0.00	5/1/2041	11380.74
67				16		0.00	4/1/2041	21666.68
68				17		0.00	5/1/2041	11147.59
69				18		0.00	4/1/2041	13211.96
70				0	13.22	0.00	5/1/2041
71				24.5		0.00	4/1/2041	67989.60
72				14	17	0.00	4/1/2041	14454.17
73				15.83		0.00	3/1/2041	31250.00
74				0	6	0.00	3/1/2041
75				11		0.00	5/1/2041	16666.67
76				11		0.00	4/1/2041	41666.67
77				8.39		0.00	5/1/2041	12141.67
78				6	0.5	0.00	5/1/2041	22085.35
79				8.5	10	0.00	4/1/2041	5416.67
80				9.14		0.00	4/1/2041	8583.34
81				10	12	0.00	4/1/2041	11351.44
82				7		0.00	4/1/2041	20000.00
83				12.09	11.1	0.00	6/1/2041	3333.33
84				29.37	2	0.00	6/1/2041	38724.17
85				12.3	8.6	0.00	5/1/2041	11878.67
86				19		0.00	11/1/2040	25000.00
87				13.4		0.00	10/1/2040	18334.00
88				20		0.00	11/1/2040	13333.34
89				12		0.00	5/1/2041	29166.67
90				1.8	16	0.00	3/1/2041	0.00
91				0		0.00	3/1/2041
92				23.78		0.00	4/1/2041	17784.50
93				5.21		0.00	4/1/2041	20522.65
94				6.76	13.44	0.00	4/1/2041	21250.00
95				0		0.00	6/1/2041
96				17.1		0.00	1/1/2041	18751.20
97				6.9	18.9	0.00	1/1/2041	13333.33
98				19.9		0.00	1/1/2041	18750.00
99				15		0.00	1/1/2041	20000.07
100				13	15.68	0.00	2/1/2041	14892.12
101				10.76	5.75	0.00	2/1/2041	4956.12
102				7.4	6.3	0.00	1/1/2041	17230.43
103				12.3	8.6	0.00	2/1/2041	22229.35
104				8.7	8.7	0.00	1/1/2041	4500.00
105				7.92	11	0.00	2/1/2041	7698.14
106				0	2	0.00	1/1/2041
107				20	20	0.00	1/1/2041	19166.67
108				13	15	0.00	1/1/2041	20833.33
109				30		0.00	2/1/2041	20900.00
110				0.2		0.00	1/1/2041	20416.68
111				9.84	4.26	0.00	2/1/2041	28763.00
112				21		0.00	1/1/2041	21363.88
113				13	6	0.00	2/1/2041	11122.77
114				5.5	4.1	0.00	1/1/2041	9066.21
115				5		0.00	2/1/2041	16666.67
116				17		0.00	2/1/2041	23010.00
117				2.4	22	0.00	1/1/2041	14916.66
118				21		0.00	2/1/2041	15833.33
119				7.84		0.00	2/1/2041
120				20	10.4	0.00	1/1/2041	10701.08
121				18		0.00	2/1/2041	17500.02
122				10	2.09	0.00	2/1/2041	8750.00
123				10	10	0.00	2/1/2041	24064.81
124				6.2		0.00	2/1/2041	19583.33
125				25		0.00	2/1/2041	42978.08
126				7.5		0.00	2/1/2041	22947.58
127				7.5		0.00	2/1/2041	12774.00
128				21.43		0.00	4/1/2041	83380.00
129				20.02		0.00	8/1/2041

KEY	Primary Borrower Wage Income (Bonus)	Primary Borrower Wage Income (Commission)	Co-Borrower Wage Income (Salary)	Co-Borrower Wage Income (Bonus)	Co-Borrower Wage Income (Commission)	Originator Doc Code	RWT Income Verification	RWT Asset Verification
1			11203.00			Full	2 years	2 Months
2						Full	2 years	1 Month
3		13673.00				Full	2 years	2 Months
4						Full	2 years	1 Month
5	6781.00					Full	2 years	2 Months
6			14583.00			Full	2 years	1 Month
7			22245.75			Full	2 years	1 Month
8						Full	2 years	2 Months
9						Full	2 years	2 Months
10			11115.00			Full	2 years	2 Months
11						Full	2 years	2 Months
12			31940.00			Full	2 years	2 Months
13						Full	2 years	2 Months
14						Full	2 years	2 Months
15						Full	2 years	1 Month
16						Full	2 years	2 Months
17						Full	2 years	1 Month
18						Full	2 years	2 Months
19						Full	2 years	2 Months
20						Full	2 years	1 Month
21						Full	2 years	2 Months
22	3151.30					Full	2 years	2 Months
23			5580.00			Full	2 years	2 Months
24	22233.00		9616.00			Full	2 years	2 Months
25						Full	2 years	2 Months
26			14583.33			Full	2 years	2 Months
27			13866.00			Full	2 years	2 Months
28						Full	2 years	2 Months
29			12168.00			Full	2 years	2 Months
30			15900.00			Full	2 years	2 Months
31			10325.00			Full	2 years	2 Months
32						Full	2 years	2 Months
33		-832.00				Full	2 years	2 Months
34						Full	2 years	2 Months
35						Full	2 years	2 Months
36						Full	2 years	2 Months
37						Full	2 years	2 Months
38			7980.83			Full	2 years	2 Months
39			3427.92			Full	2 years	2 Months
40						Full	2 years	2 Months
41	4515.00					Full	2 years	2 Months
42						Full	2 years	2 Months
43						Full	2 years	2 Months
44			4357.00			Full	2 years	2 Months
45						Full	2 years	2 Months
46						Full	2 years	2 Months
47						Full	2 years	2 Months
48						Full	2 years	2 Months
49		8705.00				Full	2 years	2 Months
50						Full	2 years	2 Months
51						Full	2 years	2 Months
52	16041.67					Full	2 years	2 Months
53						Full	2 years	2 Months
54						Full	2 years	1 Month
55			10230.65			Full	2 years	2 Months
56						Full	2 years	1 Month
57			11299.99			Full	2 years	2 Months
58						Full	2 years	2 Months
59						Full	2 years	2 Months
60						Full	2 years	2 Months
61			15944.35			Full	2 years	2 Months
62			14377.08	6086.67		Full	2 years	2 Months
63						Full	2 years	2 Months
64						Full	2 years	2 Months
65						Full	2 years	2 Months
66	9965.25					Full	2 years	2 Months
67						Full	2 years	2 Months
68						Full	2 years	2 Months
69						Full	2 years	2 Months
70			41666.67			Full	2 years	1 Month
71						Full	2 years	2 Months
72			9479.17			Full	2 years	2 Months
73	57590.00					Full	2 years	2 Months
74			13152.58	14953.40		Full	2 years	2 Months
75						Full	2 years	2 Months
76						Full	2 years	2 Months
77	2525.11					Full	2 years	2 Months
78			9225.86			Full	2 years	2 Months
79			16681.34			Full	2 years	2 Months
80						Full	2 years	2 Months
81			11250.00			Full	2 years	2 Months
82						Full	2 years	2 Months
83	3426.58	12016.90	5897.42			Full	2 years	2 Months
84						Full	2 years	2 Months
85			6707.50			Full	2 years	2 Months
86						Full	2 years	2 Months
87						Full	2 years	1 Month
88						Full	2 years	2 Months
89	16542.00					Full	2 years	2 Months
90			15733.94	197.78		Full	2 years	2 Months
91						Full	2 years	2 Months
92						Full	2 years	2 Months
93						Full	2 years	2 Months
94			14583.34			Full	2 years	2 Months
95						Full	2 years	2 Months
96						Full	2 years	2 Months
97			33669.08			Full	2 years	2 Months
98						Full	2 years	2 Months
99						Full	2 years	1 Month
100			2164.34			Full	2 years	2 Months
101	2055.56		14875.00			Full	2 years	1 Month
102			10234.03			Full	2 years	2 Months
103			9746.44			Full	2 years	2 Months
104			6000.00			Full	2 years	2 Months
105			12500.00			Full	2 years	2 Months
106			13500.00			Full	2 years	2 Months
107			16119.56			Full	2 years	2 Months
108	8250.92					Full	2 years	2 Months
109						Full	2 years	2 Months
110						Full	2 years	2 Months
111			4645.67			Full	2 years	2 Months
112						Full	2 years	2 Months
113	1966.56		12313.71			Full	2 years	2 Months
114			16140.78			Full	2 years	2 Months
115						Full	2 years	2 Months
116						Full	2 years	2 Months
117			9409.26			Full	2 years	2 Months
118						Full	2 years	2 Months
119		25455.00				Full	2 years	2 Months
120			10106.26			Full	2 years	2 Months
121						Full	2 years	1 Month
122			12750.00			Full	2 years	1 Month
123			14238.21			Full	2 years	2 Months
124						Full	2 years	2 Months
125						Full	2 years	2 Months
126	6731.00					Full	2 years	2 Months
127	3029.00					Full	2 years	2 Months
128						Full	2 years	2 Months
129		0.00				Full	2 years	2 Months

ASF RMBS DISCLOSURE PACKAGE

The American Securitization Forum is a broad-based professional forum through which participants in the U.S. securitization market advocate their common interests on important legal, regulatory and market practice issues. ASF members include over 380 firms, including issuers, investors, servicers, financial intermediaries, rating agencies, financial guarantors, legal and accounting firms, and other professional organizations involved in securitization transactions. The ASF also provides information, education and training on a range of securitization market issues and topics through industry conferences, seminars and similar initiatives. For more information about ASF, its members and activities, please go to xxx.xxxxxxxxxxxxxxxxxxxxxx.xxx.

Field Number	Field Name	Field Description	Type of Field	Data Type	Sample Data	Format	When Applicable?	Valid Values	Proposed Unique Coding	Notes
1	Primary Servicer	The MERS Organization ID of the company that has or will have the right to service the loan.	General Information	Numeric – Integer	2351805	9(7)	Always	”9999999” if Unknown
2	Servicing Fee—Percentage	Aggregate monthly fee paid to all servicers, stated in decimal form.	General Information	Numeric - Decimal	0.0025	9.999999	Loans without flat-dollar servicing fees	>= 0 and < 1		Must be populated if Field 3 is Null
3	Servicing Fee—Flat-dollar	Aggregate monthly fee paid to all servicers, stated as a dollar amount.	General Information	Numeric – Decimal	7.5	9(3).99	Loans with flat-dollar servicing fees	>= 0 and <= 999		Must be populated if 2 is Null
4	Servicing Advance Methodology	The manner in which principal and/or interest are to be advanced by the servicer.	General Information	Numeric – Integer	2	99	Always	See Coding	1 = Scheduled Interest, Scheduled Principal 2 = Actual Interest, Actual Principal 3 = Scheduled Interest, Actual Principal 99 = Unknown
5	Originator	The MERS Organization ID of the entity that lends funds to the borrower and, in return, places a lien on the mortgage property as collateral.	General Information	Numeric – Integer	5938671	9(7)	Always	”9999999” if Unknown
6	Loan Group	Indicates the collateral group number in which the loan falls (for structures with multiple collateral groups). Use “1” if there is only one loan group.	General Information	Text	1A	XXXX	Always	“UNK” if Unknown
7	Loan Number	Unique National Mortgage Loan ID Number (Vendor TBD).	General Information	Numeric – Integer	XXX	XXX	Always	TBD		Details to be provided by Vendor
8	Amortization Type	Indicates whether the loan’s interest rate is fixed or adjustable (Hybrid ARMs are adjustable).	Loan Type	Numeric – Integer	2	99	Always	See Coding	1 = Fixed 2 = Adjustable 99 = Unknown
9	Lien Position	A number indicating the loan’s lien position (1 = first lien, etc.).	Loan Type	Numeric – Integer	1	99	Always	>0	99 = Unknown
10	HELOC Indicator	Indicates whether the loan is a home equity line of credit.	Loan Type	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
11	Loan Purpose	Indicates the purpose of the loan.	Loan Type	Numeric – Integer	9	99	Always	See Coding	See Appendix A
12	Cash Out Amount	For “Cash-out” loans (see Glossary): [NEW LOAN AMOUNT] – [PAID-OFF FIRST MORTGAGE LOAN AMOUNT] – [PAID-OFF SECOND MORTGAGE LOAN AMOUNT (if Second was used to purchase the property)] – [CLOSING COSTS].	Loan Type	Numeric – Decimal	72476.5	9(10).99	Always	>= 0
13	Total Origination and Discount Points (in dollars)	Amount paid to the lender to increase the lender’s effective yield and, in the case of discount points, to reduce the interest rate paid by the borrower.	Loan Type	Numeric – Decimal	5250	9(10).99	Always	>= 0		Typically Lines 801 and 802 of HUD Settlement Statement
14	Covered/High Cost Loan Indicator	Indicates whether the loan is categorized as “high cost” or “covered” according to state or federal statutes or regulations.	Loan Type	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
15	Relocation Loan Indicator	Indicates whether the loan is part of a corporate relocation program.	Loan Type	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
16	Broker Indicator	Indicates whether a broker took the application.	Loan Type	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
17	Channel	Code indicating the source (channel) from which the Issuer obtained the mortgage loan.	Loan Type	Numeric – Integer	2	99	Always	See Coding	1 = Retail 2 = Broker 3 = Correspondent Bulk 4 = Correspondent Flow with delegated underwriting 5 = Correspondent Flow without delegated underwriting 99 = Unknown
18	Escrow Indicator	Indicates whether various homeownership expenses are paid by the borrower directly or through an escrow account (as of securitization cut-off date).	Loan Type	Numeric – Integer	3	99	Always	See Coding	0 = No Escrows 1 = Taxes 2 = Insurance 3 = XXX xxxx 4 = Taxes and Insurance 5 = All 99 =Unknown
19	Senior Loan Amount(s)	For non-first mortgages, the sum of the balances of all associated senior mortgages at the time of origination of the subordinate lien.	Mortgage Lien Info	Numeric – Decimal	611004.25	9(10).99	If Lien Position > 1	>= 0
20	Loan Type of Most Senior Lien	For non-first mortgages, indicates whether the associated first mortgage is a Fixed, ARM, Hybrid, or negative amortization loan.	Mortgage Lien Info	Numeric – Integer	2	99	If Lien Position > 1	See Coding	1 = Fixed Rate 2 = ARM 3 = Hybrid 4 = Neg Am 99 = Unknown
21	Hybrid Period of Most Senior Lien (in months)	For non-first mortgages where the associated first mortgage is a hybrid ARM, the number of months remaining in the initial fixed interest rate period for the hybrid first mortgage.	Mortgage Lien Info	Numeric – Integer	23	999	If Lien Position > 1 AND the most senior lien is a hybrid ARM (see Field 20)	>= 0
22	Neg Am Limit of Most Senior Lien	For non-first mortgages where the associated first mortgage features negative amortization, the maximum percentage by which the negatively amortizing balance may increase (expressed as a proportion of the senior lien’s original balance).	Mortgage Lien Info	Numeric – Decimal	1.25	9.999999	If Lien Position > 1 AND the senior lien is Neg Am (see Field 20)	>= 1 and <= 2
23	Junior Mortgage Balance	For first mortgages with subordinate liens at the time of origination, the combined balance of the subordinate liens (if known).	Mortgage Lien Info	Numeric – Decimal	51775.12	9(10).99	If Lien Position = 1 and there is a 2nd lien on the subject property	>= 0		Subject to Regulatory Confirmation
24	Origination Date of Most Senior Lien	For non-first mortgages, the origination date of the associated first mortgage.	Mortgage Lien Info	Date	20090914	YYYYMMDD	If Lien Position > 1 and there is a 2nd lien on the subject property	“19010101” if unknown
25	Origination Date	The date of the Mortgage Note and Mortgage/Deed of Trust	Loan Term and Amortization Type	Date	20090914	YYYYMMDD	Always	“19010101” if unknown
26	Original Loan Amount	The dollar amount of the mortgage loan, as specified on the mortgage note at the time of the loan’s origination. For HELOCs, the maximum available line of credit.	Loan Term and Amortization Type	Numeric – Decimal	150000	9(10).99	Always	>0
27	Original Interest Rate	The original note rate as indicated on the mortgage note.	Loan Term and Amortization Type	Numeric – Decimal	0.0475	9.999999	Always	> 0 and <= 1
28	Original Amortization Term	The number of months in which the loan would be retired if the amortizing principal and interest payment were to be paid each month.	Loan Term and Amortization Type	Numeric – Integer	360	999	Always	>= 60
29	Original Term to Maturity	The initial number of months between loan origination and the loan maturity date, as specified on the mortgage note.	Loan Term and Amortization Type	Numeric – Integer	60	999	Always	>0	N/A
30	First Payment Date of Loan	The date of the first scheduled mortgage payment to be made by the borrower as specified on the mortgage note.	Loan Term and Amortization Type	Date	20090914	YYYYMMDD	Always	“19010101” if unknown	N/A
31	Interest Type Indicator	Indicates whether the interest rate calculation method is simple or actuarial.	Loan Term and Amortization Type	Numeric – Integer	2	99	Always	See Coding	1= Simple 2 = Actuarial 99 = Unknown
32	Original Interest Only Term	Original interest-only term for a loan in months (including NegAm Loans).	Loan Term and Amortization Type	Numeric – Integer	60	999	Always	>= 0 and <= 240 Unknown = Blank; No Interest Only Term = 0
33	Buy Down Period	The total number of months during which any buy down is in effect, representing the accumulation of all buy down periods.	Loan Term and Amortization Type	Numeric – Integer	65	999	Always	>= 0 and <= 100 Unknown = Blank; No Buy Down = 0
34	HELOC Draw Period	The original number of months during which the borrower may draw funds against the HELOC account.	Loan Term and Amortization Type	Numeric – Integer	24	999	HELOCs Only	>= 12 and <= 120
35	Scheduled Loan Amount	Mortgage loan scheduled principal balance as of cut-off date. For HELOCs, the current drawn amount.	Loan Term and Amortization Type	Numeric – Decimal	248951.19	9(10).99	Always	>= 0
36	Current Interest Rate	The interest rate used to calculate the current P&I or I/O payment.	Loan Term and Amortization Type	Numeric – Decimal	0.05875	9.999999	Always	> 0 and <= 1
37	Current Payment Amount Due	Next Total Payment due to be collected (including principal, interest or both—but Exclude Escrow Amounts).	Loan Term and Amortization Type	Numeric – Decimal	1250.15	9(10).99	Always	> 0
38	Scheduled Interest Paid Through Date		Loan Term and Amortization Type	Date	20090429	YYYYMMDD	Always	“19010101” if unknown
39	Current Payment Status	Number of payments the borrower is past due as of the securitization cut-off date.	Loan Term and Amortization Type	Numeric – Integer	3	99	Always	>= 0
40	Index Type	Specifies the type of index to be used to determine the interest rate at each adjustment.	Adjustable Rate Mortgages (ARMs)	Numeric – Integer	18	99	ARMs Only	See Coding	See Appendix B
41	ARM Look-back Days	The number of days prior to the interest rate adjustment date to retrieve the index value.	Adjustable Rate Mortgages (ARMs)	Numeric – Integer	45	99	ARMs Only	>= 0 to <=99
42	Gross Margin	The percentage stated on the mortgage note representing the spread between the ARM Index value and the mortgage interest rate. The gross mortgage margin is added to the index value to establish a new gross interest rate in the manner prescribed on the mortgage note.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.03	9.999999	ARMs Only	>0 and <= 1
43	ARM Round Flag	An indicator of whether an adjusted interest rate is rounded to the next higher ARM round factor, to the next lower round factor, or to the nearest round factor.	Adjustable Rate Mortgages (ARMs)	Numeric – Integer	3	9	ARMs Only	See Coding	0 = No Rounding 1 = Up 2 = Down 3 = Nearest 99=Unknown
44	ARM Round Factor	The percentage to which an adjusted interest rate is to be rounded.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.0025 or 0.00125	9.999999	ARMs Only Where ARM Round Flag = 1, 2, or 3	>= 0 and < 1
45	Initial Fixed Rate Period	For hybrid ARMs, the period between the first payment date of the mortgage and the first interest rate adjustment date.	Adjustable Rate Mortgages (ARMs)	Numeric – Integer	60	999	Hybrid ARMs Only	>= 1 to <=240
46	Initial Interest Rate Cap (Change Up)	The maximum percentage by which the mortgage note rate may increase at the first interest rate adjustment date.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.02	9.999999	ARMs Only	>= 0 and <= 1	99=no cap
47	Initial Interest Rate Cap (Change Down)	The maximum percentage by which the mortgage note rate may decrease at the first interest rate adjustment date.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.02	9.999999	ARMs Only	>= 0 and <= 1	99=no cap
48	Subsequent Interest Rate Reset Period	The number of months between subsequent rate adjustments.	Adjustable Rate Mortgages (ARMs)	Numeric – Integer	60	999	ARMs Only	>=0 and <= 120		0 = Loan does not adjust after initial reset
49	Subsequent Interest Rate (Change Down)	The maximum percentage by which the interest rate may decrease at each rate adjustment date after the initial adjustment.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.02	9.999999	ARMs Only	>= 0 and <= 1	99=no cap
50	Subsequent Interest Rate Cap (Change Up)	The maximum percentage by which the interest rate may increase at each rate adjustment date after the initial adjustment.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.02	9.999999	ARMs Only	>= 0 and <= 1	99=no cap
51	Lifetime Maximum Rate (Ceiling)	The maximum interest rate that can be in effect during the life of the loan.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.125	9.999999	ARMs Only	>= 0 and <= 1		=1 if no ceiling specified


52	Lifetime Minimum Rate (Floor)	The minimum interest rate that can be in effect during the life of the loan.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.015	9.999999	ARMs Only	>= 0 and <= 1		If no floor is specified enter the greater of the margin or 0.
53	Negative Amortization Limit	The maximum amount of negative amortization allowed before recast is required. (Expressed as a percentage of the original unpaid principal balance.)	Negative Amortization	Numeric – Decimal	1.25	9.999999	Negatively Amortizing ARMs Only	>=0, and <2
54	Initial Negative Amortization Recast Period	The number of months in which the payment is required to recast if the loan does not reach the prescribed maximum balance earlier.	Negative Amortization	Numeric – Integer	60	999	Negatively Amortizing ARMs Only	>=0
55	Subsequent Negative Amortization Recast Period	The number of months after which the payment is required to recast AFTER the first recast period.	Negative Amortization	Numeric – Integer	48	999	Negatively Amortizing ARMs Only	>=0
56	Initial Fixed Payment Period	Number of months after origination during which the payment is fixed.	Negative Amortization	Numeric – Integer	60	999	Negatively Amortizing Hybrid ARMs Only	>= 0 to <=120
57	Subsequent Payment Reset Period	Number of months between payment adjustments after first payment reset.	Negative Amortization	Numeric – Integer	12	999	Negatively Amortizing ARMs Only	>= 0 to <=120
58	Initial Periodic Payment Cap	The maximum percentage by which a payment can change (increase or decrease) in the first period.	Negative Amortization	Numeric – Decimal	0.075	9.999999	Negatively Amortizing ARMs Only	>= 0 and < 1
59	Subsequent Periodic Payment Cap	The maximum percentage by which a payment can change (increase or decrease) in one period after the initial cap.	Negative Amortization	Numeric – Decimal	0.075	9.999999	Negatively Amortizing ARMs Only	>= 0 and < 1
60	Initial Minimum Payment Reset Period	The maximum number of months a borrower can initially pay the minimum payment before a new minimum payment is determined.	Negative Amortization	Numeric – Integer	12	999	Negatively Amortizing ARMs Only	>= 0 to <=120
61	Subsequent Minimum Payment Reset Period	The maximum number of months (after the initial period) a borrower can pay the minimum payment before a new minimum payment is determined after the initial period.	Negative Amortization	Numeric – Integer	12	999	Negatively Amortizing ARMs Only	>= 0 to <=120
62	Option ARM Indicator	An indicator of whether the loan is an Option ARM.	Negative Amortization	Numeric – Integer	1	99	ARMs Only	See Coding	0 = No 1 = Yes 99 = Unknown
63	Options at Recast	The means of computing the lowest monthly payment available to the borrower after recast.	Option ARM	Numeric – Integer	2	99	Option ARMs Only	N/A	1= Fully amortizing 30 year 2= Fully amortizing 15 year 3=Fully amortizing 40 year 4 = Interest-Only 5 = Minimum Payment 99= Unknown
64	Initial Minimum Payment	The initial minimum payment the borrower is permitted to make.	Option ARM	Numeric – Decimal	879.52	99	Option ARMs Only	>=0
65	Current Minimum Payment	Current Minimum Payment (in dollars).	Negative Amortization	Numeric – Decimal	250	9(10).99	Option ARMs Only	>= 0
66	Prepayment Penalty Calculation	A description of how the prepayment penalty would be calculated during each phase of the prepayment penalty term.	Prepayment Penalties	Numeric – Integer	12	99	Always	See Coding	See Appendix C
67	Prepayment Penalty Type	• Hard: The prepayment penalty is incurred regardless of the reason the loan is prepaid in full. • Hybrid: The prepayment penalty can be characterized as hard for a certain amount of time and as soft during another period.	Prepayment Penalties	Numeric – Integer	1	99	All loans with Prepayment Penalties (i.e., loans for which Field 66 = something other than “0”)	See Coding	1 = Hard 2 = Soft 3 = Hybrid 99 = Unknown
68	Prepayment Penalty Total Term	The total number of months that the prepayment penalty may be in effect.	Prepayment Penalties	Numeric – Integer	60	999	All loans with Prepayment Penalties (i.e., loans for which Field 66 = something other than “0”)	>0 to <=120
69	Prepayment Penalty Hard Term	For hybrid prepayment penalties, the number of months during which a “hard” prepayment penalty applies.	Prepayment Penalties	Numeric – Integer	12	999	Loans with Hybrid Prepayment Penalties (i.e., loans for which Field 67 = “3”)	>= 0 to <=120
70	Primary Borrower ID	A lender-generated ID number for the primary borrower on the mortgage	Borrower	Numeric—Integer	123456789	999999999	Always	>0		Used to identify the number of times a single borrower appears in a given deal.
71	Number of Mortgaged Properties	The number of properties owned by the borrower that currently secure mortgage loans.	Borrower	Numeric – Integer	1	99	Always	> 0
72	Total Number of Borrowers	The number of Borrowers who are obligated to repay the mortgage note.	Borrower	Numeric – Integers	2	99	Always	> 0
73	Self-employment Flag	An indicator of whether the primary borrower is self-employed.	Borrower	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
74	Current ‘Other’ Monthly Payment	The aggregate of all payments pertaining to the subject property other than principal and interest (includes common charges, condo fees, T&I, HOA, etc.), whether escrowed or not.	Loan Term and Amortization Type	Numeric – Decimal	1789.25	9(10).99	Always	> 0
75	Length of Employment: Borrower	The number of years of service with the borrower’s current employer as of the date of the loan.	Borrower Qualification	Numeric – Decimal	3.5	99.99	Always	>=0	99 = Retired, None employment income soure (social security, trust income, dividends, etc.)
76	Length of Employment: Co-Borrower	The number of years of service with the co-borrower’s current employer as of the date of the loan.	Borrower Qualification	Numeric – Decimal	3.5	99.99	If “Total Number of Borrowers” > 1	>= 0	99 = Retired, None employment income soure (social security, trust income, dividends, etc.)
77	Years in Home	Length of time that the borrower has been at current address.	Borrower Qualification	Numeric – Decimal	14.5	99.99	Refinances of Primary Residences Only (Loan Purpose = 1, 2, 3, 4, 8 or 9)	> 0
78	FICO Model Used	Indicates whether the FICO score was calculated using the Classic, Classic 08, or Next Generation model.	Borrower Qualification	Numeric – Integer	1	99	If a FICO score was obtained	See Coding	1 = Classic 2 = Classic 08 3 = Next Generation 99 = Unknown
79	Most Recent FICO Date	Specifies the date on which the most recent FICO score was obtained	Borrower Qualification	Date	20090914	YYYYMMDD	If a FICO score was obtained	“19010101” if unknown		Issuers unable to Provide may Rep and Warrant that the FICO score used for underwriting was not more than 4 months old at the date of issuance.
80	Primary Wage Earner Original FICO: Equifax	Equifax FICO score for primary borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If a FICO score was obtained	>= 350 and <= 850
81	Primary Wage Earner Original FICO: Experian	Experian FICO score for primary borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If a FICO score was obtained	>= 350 and <= 850
82	Primary Wage Earner Original FICO: TransUnion	TransUnion FICO score for primary borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If a FICO score was obtained	>= 350 and <= 850
83	Secondary Wage Earner Original FICO: Equifax	Equifax FICO score for Co-borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If “Total Number of Borrowers” > 1	>= 350 and <= 850
84	Secondary Wage Earner Original FICO: Experian	Experian FICO score for Co-borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If “Total Number of Borrowers” > 1	>= 350 and <= 850
85	Secondary Wage Earner Original FICO: TransUnion	TransUnion FICO score for Co-borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If “Total Number of Borrowers” > 1	>= 350 and <= 850
86	Most Recent Primary Borrower FICO	Most Recent Primary Borrower FICO score used by the lender to approve the loan.	Borrower Qualification	Numeric – Integer	720	9999	If a FICO score was obtained	>= 350 and <= 850

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ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

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